Madison Target Retirement Fund - ULTRA SERIES FUND

Rated as Madison Target Retirement 2050 Fund - ULTRA SERIES FUND
Portfolio date Dec 2025

Environment
scorecard

Fossil fuels
Fossil fuels
Fair
Fossil fuel finance
Fossil fuel finance
Fair
Fossil fuel insurance
Fossil fuel insurance
Fair
Deforestation
Deforestation
Fair

Social
scorecard

Civilian firearms
Civilian firearms
Fair
Prison industrial complex
Prison industrial complex
Poor
Military weapons
Military weapons
Poor
Tobacco
Tobacco
Fair

Fossil fuel grade
The Madison Target Retirement Fund - ULTRA SERIES FUND is 4.34% invested in fossil fuels.

Fossil fuel grade

C
Fossil fuel exposure of 4.34% places the fund in the C tier, between 3% and 5.5% exposure.
4.34% invested in fossil fuels.
Screen# of holdings% of portfolio
Top 200 carbon reserve owners1301.88%
Coal industry1760.62%
Oil/gas industry2343.52%
Top 30 coal-fired utilities420.14%
Fossil-fired utilities2281.36%
All fossil fuel screens4224.34%
Top 200 carbon reserve owners
Top 5 holdings

Top 200 carbon reserve owners

  1. Diamondback Energy Inc
    0.2%
  2. Coterra Energy Inc
    0.17%
  3. Shell PLC
    0.16%
  4. Chevron Corp
    0.14%
  5. Devon Energy Corp
    0.12%
Coal industry
Top 5 holdings

Coal industry

  1. Vistra Corp
    0.09%
  2. BHP Group Ltd
    0.08%
  3. Mitsui & Co Ltd
    0.06%
  4. RWE AG
    0.05%
  5. Mitsubishi Corp
    0.03%
Oil/gas industry
Top 5 holdings

Oil/gas industry

  1. GE Vernova Inc
    0.41%
  2. Siemens AG
    0.24%
  3. Diamondback Energy Inc
    0.2%
  4. Marathon Petroleum Corp
    0.18%
  5. Coterra Energy Inc
    0.17%
Top 30 coal-fired utilities
Top 5 holdings

Top 30 coal-fired utilities

  1. NRG Energy Inc
    0.07%
  2. China Shenhua Energy Co Ltd
    0.02%
  3. NTPC Ltd
    0.01%
  4. China Hongqiao Group Ltd
    <0.01%
  5. Korea Electric Power Corp
    <0.01%
Fossil-fired utilities
Top 5 holdings

Fossil-fired utilities

  1. Constellation Energy Corp
    0.26%
  2. Engie SA
    0.1%
  3. Vistra Corp
    0.09%
  4. ITOCHU Corp
    0.08%
  5. NRG Energy Inc
    0.07%
Company research provided by
FFF SolutionsMacroclimateUrgewald Global Coal Exit List

All funds in this target date series

A target date fund series consist of around 10 or 12 different funds, each with their own "target date" marketed at different age demographics. We use the 2050 fund to assign ratings to target date fund series - this is the fund that would be marketed to savers looking to retire around the year 2050. As time progresses and this "target date" approaches, the portfolio mix of the fund shifts away from stocks and towards bonds and other less-risky investments. Usually, the mix of stocks in the portfolio stays the same across a target date fund series, meaning if you are invested in a fund from this target date series that is dated closer to today than 2050, you're likely invested in the same companies flagged above, but you may have lower levels of exposure. We currently only have detailed results for the 2050 version of this target date fund series.

Madison Target Retirement 2040 Fund - ULTRA SERIES FUND
Madison Target Retirement 2050 Fund - ULTRA SERIES FUND



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