Madison Small Cap Fund Class Y - Seasonality

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Madison Small Cap Fund Class Y - Seasonality

Seasonality Charts

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Correlation

2022

79.79%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Probability %	70%	50%	70%	60%	60%	80%	60%	50%	78%	67%	67%	78%
Average return %	+3.08%	+0.59%	-3.59%	+0.73%	+1.98%	+1.63%	+1.78%	-1.31%	-8.00%	+0.35%	+2.02%	-7.17%
2026	+4.71%	+2.60%	-6.82%	+6.69%	+0.29%	+5.37%	-3.24%	+1.63%	-4.05%	--	--	--
2025	+4.07%	-5.44%	-7.55%	-8.75%	+10.33%	+3.57%	-2.05%	+1.71%	-1.22%	-0.19%	-0.76%	-8.60%
2024	-0.79%	+8.43%	+3.57%	-4.51%	+5.00%	-1.32%	+5.18%	-0.93%	+2.06%	+0.67%	+9.17%	-13.60%
2023	+11.62%	-1.43%	-3.93%	-2.16%	-1.10%	+8.57%	+3.69%	-4.55%	-5.08%	-4.91%	+5.97%	+10.08%
2022	-6.69%	-1.14%	+0.35%	-8.55%	-1.16%	-9.85%	+6.60%	-4.26%	-7.00%	+6.61%	+4.06%	-9.76%
2021	+4.06%	+6.19%	+2.91%	+3.64%	+2.15%	+0.38%	-1.33%	+0.96%	-4.33%	+4.46%	-4.02%	-18.66%
2020	-2.83%	-6.84%	-21.53%	+14.96%	+9.33%	+0.99%	+6.39%	+3.97%	-3.29%	+2.02%	+15.39%	+1.72%
2019	+11.61%	+5.98%	-2.11%	+3.96%	-8.11%	+5.63%	+0.24%	-10.43%	-58.37%	+2.94%	+3.93%	-2.92%
2018	+3.82%	-3.40%	-0.20%	+1.56%	+4.99%	+0.87%	+2.34%	+1.52%	-0.54%	-9.42%	-18.08%	-12.67%
2017	+1.19%	+0.95%	-0.58%	+0.45%	-1.89%	+2.12%	-0.03%	-2.74%	+5.73%	+0.97%	+2.51%	-10.08%

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