Expense Ratio History

MMDAX expense ratio history

Madison Moderate Allocation Fund, Moderate Allocation Fund Class A

Fund company
Madison
Type
Mutual fund

1.00%

In basis points
100 basis points
Yearly cost per $10,000
$100
Prospectus dated
28 February 2026, filed with the SEC; rounded to 0.01%
Last change
Raised from 0.98% on 28 February 2024

Fee over time

MMDAX expense ratio: 0.70% until 28 Feb 2020, then 1.14%; 1.14% until 28 Feb 2021, then 1.09%; 1.09% until 28 Feb 2022, then 1.03%; 1.03% until 28 Feb 2023, then 0.98%; 0.98% until 28 Feb 2024, then 1.00%; read at 1.00% on 28 Feb 2026.0.00%0.50%1.00%1.50%Feb 2011Sep 2013Apr 2016Nov 2018Jun 2021Jan 20240.70% before1.00% from 28 Feb 2024
MMDAX expense ratio: 0.70% until 28 Feb 2020, then 1.14%; 1.14% until 28 Feb 2021, then 1.09%; 1.09% until 28 Feb 2022, then 1.03%; 1.03% until 28 Feb 2023, then 0.98%; 0.98% until 28 Feb 2024, then 1.00%; read at 1.00% on 28 Feb 2026.0.00%0.50%1.00%1.50%Feb 2011Mar 2016Apr 20210.70% before1.00% from 28 Feb 2024
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 3 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
— — 1.78% — 28 Feb 2022
MMDAX (this page) Moderate Allocation Fund Class A 1.00% — 28 Feb 2026
— — 1.75% — 28 Feb 2024

Every figure we've recorded

DateFeeWhat happened
28 Feb 2026 1.00% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-02-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Feb 2025 1.00% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-02-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Feb 2024 1.00% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-02-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Feb 2024 1.00% Raised from 0.98% to 1.00%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-03-04
28 Feb 2023 0.98% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-02-28 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
28 Feb 2023 0.98% Cut from 1.03% to 0.98%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2023-08-01
28 Feb 2022 1.03% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-02-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Feb 2022 1.03% Cut from 1.09% to 1.03%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-02-24
28 Feb 2021 1.09% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-02-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Feb 2021 1.09% Cut from 1.14% to 1.09%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-02-25
1 Jun 2020 1.14% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-06-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Feb 2020 1.14% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-02-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Feb 2020 1.14% Raised from 0.70% to 1.14%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-03-18
20 Feb 2012 0.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-02-20 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2011 0.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2011-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.00% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,229 in fees over 10 years

After fees, $10,000 grows to $14,767.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$102
3 years$320
5 years$555
10 years$1,229

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 10 prospectuses for this share class since 2011. Each one is listed above with a link to the filing.

How we read fees

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