Madison Investments, an investment advisor, released its “Madison Investors Fund” first quarter 2023 investor letter. In the first quarter, the fund was up 6.5% compared to a 7.5% return for S&P 500 Index benchmark. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.
Madison Investors Fund highlighted stocks like U.S. Bancorp in the first quarter 2023 investor letter. Headquartered in Minneapolis, Minnesota, U.S. Bancorp is a financial service holding company. On April 14, 2023, U.S. Bancorp stock closed at $34.97 per share. One-month return of U.S. Bancorp was 6.13%, and its shares lost 33.66% of their value over the last 52 weeks. U.S. Bancorp has a market capitalization of $53.567 billion.
