Madison Covered Call ETF

NPORT-P false 0001040612 XXXXXXXX S000020653 C000057658 MADISON FUNDS 811-08261 0001040612 25490037IZEAAJ1OT743 550 SCIENCE DRIVE MADISON 53711 608-274-0300 Madison Diversified Income Fund S000020653 2549004YBX4K09HCUE64 2026-10-31 2026-04-30 N 107524383.94 1550562.55 105973821.39 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 UST Madison Covered Call ETF 5493000IABPYPS2KRC89 Madison Covered Call ETF 557441409 785000.00000000 NS USD 14745754.00000000 13.91452512194 Long EC RF US N 1 N N N Madison Aggregate Bond ETF 5493000IAHAFHNP0JZ30 Madison Aggregate Bond ETF 557441300 900000.00000000 NS USD 18189450.00000000 17.16409747371 Long EC RF US N 1 N N VanEck J. P. Morgan EM Local Currency Bond ETF 549300CNWPR88MZBEA63 VanEck J. P. Morgan EM Local Currency Bond ETF 92189H300 257280.00000000 NS USD 6576076.80000000 6.205378567787 Long EC RF US N 1 N N Global X MLP ETF 5493002HV8507QNNGD19 Global X MLP ETF 37954Y343 60449.00000000 NS USD 3356128.48000000 3.166941076559 Long EC RF US N 1 N N State Street Global Advisors 5493008BJIBKQ5KTIF74 State Street Navigator Securities Lending Government Money Market Portfolio 857509301 1242350.00000000 NS USD 1242350.00000000 1.172317826897 Long STIV RF US N 1 N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Government National Mortgage Association 36202DMR9 1278.12000000 PA USD 1337.97000000 0.001262547657 Long ABS-MBS USGA US N 2 2031-04-20 Fixed 6.50000000 N N N N N N Madison Dividend Value ETF 5493000IABVCBRPOIQ09 Madison Dividend Value ETF 557441508 860000.00000000 NS USD 21618422.00000000 20.39977582807 Long EC RF US N 1 N N N iShares 5-10 Year Investment Grade Corporate Bond ETF 549300ZJOCMXQZ0RKQ84 iShares 5-10 Year Investment Grade Corporate Bond ETF 464288638 38500.00000000 NS USD 2051665.00000000 1.936011151706 Long EC RF US N 1 N N N Madison Short-Term Strategic Income ETF 5493000IALOEBWLDVK15 Madison Short-Term Strategic Income ETF 557441201 937500.00000000 NS USD 19078968.75000000 18.00347340480 Long EC RF US N 1 N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Federal National Mortgage Association 31390FC49 157.94000000 PA USD 166.58000000 0.000157189764 Long ABS-MBS USGSE US N 2 2032-05-01 Fixed 7.00000000 N N N N N N State Street Global Advisors 549300BZ5TGIFZUZDZ37 State Street Institutional U.S. Government Money Market Fund 857492706 928050.36000000 NS USD 928050.36000000 0.875735486205 Long STIV RF US N 1 N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 Federal Home Loan Mortgage Corp. 31292HDJ0 276.11000000 PA USD 286.06000000 0.000269934589 Long ABS-MBS USGSE US N 2 2030-06-01 Fixed 8.00000000 N N N N N N State Street SPDR Portfolio High Yield Bond ETF 549300B3SM8J1H4W2052 State Street SPDR Portfolio High Yield Bond ETF 78468R606 494454.00000000 NS USD 11644391.70000000 10.98798887052 Long EC RF US N 1 N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Government National Mortgage Association 36202DAP6 1329.53000000 PA USD 1391.79000000 0.001313333785 Long ABS-MBS USGA US N 2 2029-02-20 Fixed 6.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Federal National Mortgage Association 31388K3Y6 1489.46000000 PA USD 1570.95000000 0.001482394405 Long ABS-MBS USGSE US N 2 2031-11-01 Fixed 7.00000000 N N N N N N Schwab US Dividend Equity ETF 549300MUIMRQQDWJ5226 Schwab U.S. Dividend Equity ETF 808524797 252202.00000000 NS USD 8088118.14000000 7.632185037693 Long EC RF US N 1 N N 2026-05-14 MADISON FUNDS Greg Hoppe Greg Hoppe Chief Financial Officer