# Madison Target Retirement 2040 Fund

Madison Target Retirement 2040 Fund is a registered fund series of ULTRA SERIES FUND (series S000019112). Net assets $39.3M as of 2026-03-31.

## Profile

- Series ID: S000019112
- Registrant: ULTRA SERIES FUND
- LEI: 254900IM7322849N6R48
- Net assets: $39.3M
- Total assets: $39.3M
- As of: 2026-03-31
- Type: Fund of funds

## Advisers

- [Madison Asset Management, LLC (Advisor)](https://search.stillhousedata.com/firm/130874)

## Top holdings (20 reported)

_Showing 15 of 20 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [Invesco Exchange-Traded Fund Trust - Invesco S&P 500 Quality Etf](https://search.stillhousedata.com/security/46137V241) | — | $5.6M | 1431.72% |
| [Janus Henderson Mortgage-Backed Securities ETF](https://search.stillhousedata.com/security/47103U852) | — | $4.1M | 1043.25% |
| [iShares 7-10 Year Treasury Bond ETF](https://search.stillhousedata.com/security/464287440) | — | $3.1M | 801.80% |
| [Schwab Intermediate-Term U.S. Treasury ETF](https://search.stillhousedata.com/security/808524854) | — | $3.1M | 787.56% |
| [Vanguard Information Technology ETF](https://search.stillhousedata.com/security/92204A702) | — | $2.9M | 731.70% |
| [JPMorgan International Research Enhanced Equity ETF](https://search.stillhousedata.com/security/46641Q134) | — | $2.8M | 722.84% |
| [Vanguard FTSE All-World ex-US ETF](https://search.stillhousedata.com/security/922042775) | — | $2.4M | 615.18% |
| [Distillate US Fundamental Stability & Value ETF](https://search.stillhousedata.com/security/26922A321) | — | $2.4M | 604.80% |
| [iShares Aaa - A Rated Corporate Bond ETF](https://search.stillhousedata.com/security/46429B291) | — | $2.1M | 525.77% |
| [iShares 5-10 Year Investment Grade Corporate Bond ETF](https://search.stillhousedata.com/security/464288638) | — | $2.0M | 504.01% |
| [VictoryShares Free Cash Flow ETF](https://search.stillhousedata.com/security/92647X830) | — | $1.7M | 425.05% |
| [State Street SPDR Portfolio S&P 400 Mid Cap ETF](https://search.stillhousedata.com/security/78464A847) | — | $1.0M | 260.77% |
| [TCW Flexible Income ETF](https://search.stillhousedata.com/security/29287L700) | — | $996K | 253.75% |
| [Avantis Emerging Markets Equity ETF](https://search.stillhousedata.com/security/025072604) | — | $971K | 247.33% |
| [State Street SPDR S&P Bank ETF](https://search.stillhousedata.com/security/78464A797) | — | $903K | 229.97% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-03-31 | $39.3M |
| 2025-12-31 | $40.7M |
| 2025-09-30 | $41.9M |
| 2025-06-30 | $42.3M |
| 2025-03-31 | $39.1M |
| 2024-12-31 | $41.2M |
| 2024-09-30 | $41.2M |
| 2024-06-30 | $39.5M |

## More

- [Registrant: ULTRA SERIES FUND](https://search.stillhousedata.com/registrant/732697)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000019112.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

---

Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.