Madison Small Cap Fund’s Q2 2024 Investor Letter

Madison Investments, an investment advisor, released its “Madison Small Cap Fund” second-quarter 2024 investor letter. In the second quarter, the fund declined 1.06% outperforming a 3.28% decline for the Russell 2000 Index and a 4.27% decline for the Russell 2500 Index. In the second quarter, the small-cap market was weak. Strong stock selection drove the outperformance. In addition, you can check the fund’s top 5 holdings to know its best picks in 2024.

A copy of Madison Small Cap Fund’s Q2 2024 investor letter can be downloaded here.