# Conservative Allocation Fund

Conservative Allocation Fund is a registered fund series of ULTRA SERIES FUND (series S000019999). Net assets $44.9M as of 2026-03-31.

## Profile

- Series ID: S000019999
- Registrant: ULTRA SERIES FUND
- LEI: 254900EXJCTZPCW7T187
- Net assets: $44.9M
- Total assets: $47.8M
- As of: 2026-03-31
- Type: Fund of funds

## Advisers

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

## Top holdings (18 reported)

_Showing 15 of 18 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [Madison Core Bond Fund](https://search.stillhousedata.com/security/557492196) | — | $22.1M | 4928.62% |
| [Invesco Exchange-Traded Fund Trust - Invesco S&P 500 Quality Etf](https://search.stillhousedata.com/security/46137V241) | — | $3.1M | 680.00% |
| [State Street Global Advisors](https://search.stillhousedata.com/security/857509301) | — | $2.9M | 647.69% |
| [Madison Large Cap Fund](https://search.stillhousedata.com/security/557492386) | — | $2.9M | 641.77% |
| [Janus Henderson Mortgage-Backed Securities ETF](https://search.stillhousedata.com/security/47103U852) | — | $1.8M | 411.32% |
| [Vanguard FTSE All-World ex-US ETF](https://search.stillhousedata.com/security/922042775) | — | $1.8M | 402.70% |
| [VanEck J. P. Morgan EM Local Currency Bond ETF](https://search.stillhousedata.com/security/92189H300) | — | $1.8M | 398.88% |
| [iShares MSCI Emerging Markets Asia ETF](https://search.stillhousedata.com/security/464286426) | — | $1.5M | 344.84% |
| [iShares 5-10 Year Investment Grade Corporate Bond ETF](https://search.stillhousedata.com/security/464288638) | — | $1.4M | 305.89% |
| [Schwab Intermediate-Term U.S. Treasury ETF](https://search.stillhousedata.com/security/808524854) | — | $1.3M | 300.08% |
| [iShares Core S&P U.S. Growth ETF](https://search.stillhousedata.com/security/464287671) | — | $1.2M | 267.63% |
| [State Street SPDR S&P Bank ETF](https://search.stillhousedata.com/security/78464A797) | — | $1.0M | 229.02% |
| [iShares Core S&P Small-Cap ETF](https://search.stillhousedata.com/security/464287804) | — | $1.0M | 224.34% |
| [Vanguard Information Technology ETF](https://search.stillhousedata.com/security/92204A702) | — | $986K | 219.47% |
| [Distillate US Fundamental Stability & Value ETF](https://search.stillhousedata.com/security/26922A321) | — | $895K | 199.30% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-03-31 | $44.9M |
| 2025-12-31 | $46.3M |
| 2025-09-30 | $47.0M |
| 2025-06-30 | $47.0M |
| 2025-03-31 | $47.7M |
| 2024-12-31 | $48.5M |
| 2024-09-30 | $52.1M |
| 2024-06-30 | $50.6M |

## More

- [Registrant: ULTRA SERIES FUND](https://search.stillhousedata.com/registrant/732697)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000019999.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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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.