Verdicts genuinely change. Free email alert the moment GTFHX's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Madison Tax-Free National Fund · MADISON FUNDS
63 holdings
UNVERIFIED None of this fund's 63 holdings are companies in our screened equity universe. Our look-through screens equities, so it does not apply to a fund holding bonds, sukuk or other instruments — this is not a gap in our data about the fund.
Largest holdings: County of Mobile AL, City of Burlington WI, Cook County School District No 111 Burbank, Medical Center Educational Building Corp, Southampton County Industrial Development Authority.
63 holdings, 0 matched (0% of weight). Portfolio as of 2026-07-31, filed 2026-09-17. Source: SEC Form N-PORT.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| County of Mobile AL | UNSCREENED | 3.54% | no in-house ratios for this holding |
| City of Burlington WI | UNSCREENED | 3.25% | no in-house ratios for this holding |
| Cook County School District No 111 Burbank | UNSCREENED | 3.08% | no in-house ratios for this holding |
| Medical Center Educational Building Corp | UNSCREENED | 2.67% | no in-house ratios for this holding |
| Southampton County Industrial Development Authority | UNSCREENED | 2.62% | no in-house ratios for this holding |
| West Virginia Economic Development Authority | UNSCREENED | 2.52% | no in-house ratios for this holding |
| Eastern Kentucky University | UNSCREENED | 2.47% | no in-house ratios for this holding |
| City of Hialeah FL Utility System | UNSCREENED | 2.34% | no in-house ratios for this holding |
| Isle Wight County Industrial Development Authority | UNSCREENED | 2.28% | no in-house ratios for this holding |
| Wisconsin Health & Educational Facilities Authority | UNSCREENED | 2.22% | no in-house ratios for this holding |
| Tulsa County Industrial Authority | UNSCREENED | 2.18% | no in-house ratios for this holding |
| Commonwealth Financing Authority | UNSCREENED | 2.06% | no in-house ratios for this holding |
| City of Center TX | UNSCREENED | 2.02% | no in-house ratios for this holding |
| City of Portland OR Sewer System Revenue | UNSCREENED | 2.01% | no in-house ratios for this holding |
| County of Polk FL Utility System Revenue | UNSCREENED | 1.99% | no in-house ratios for this holding |
| City of Green Bay WI | UNSCREENED | 1.97% | no in-house ratios for this holding |
| City of Pittsburgh PA | UNSCREENED | 1.95% | no in-house ratios for this holding |
| Elk City Industrial Authority | UNSCREENED | 1.89% | no in-house ratios for this holding |
| Woodford Tazewell & McLean Counties Community Unit School District 140 Eureka | UNSCREENED | 1.87% | no in-house ratios for this holding |
| Village of Bourbonnais IL | UNSCREENED | 1.86% | no in-house ratios for this holding |
| Montgomery Water Works & Sanitary Sewer Board | UNSCREENED | 1.85% | no in-house ratios for this holding |
| Village of Buffalo Grove IL | UNSCREENED | 1.77% | no in-house ratios for this holding |
| Elkhorn School District | UNSCREENED | 1.75% | no in-house ratios for this holding |
| Utah Transit Authority | UNSCREENED | 1.73% | no in-house ratios for this holding |
| City of Whitewater WI | UNSCREENED | 1.71% | no in-house ratios for this holding |
| Warren Woods Public Schools | UNSCREENED | 1.69% | no in-house ratios for this holding |
| County of Harris TX Toll Road Revenue | UNSCREENED | 1.64% | no in-house ratios for this holding |
| City of New York NY | UNSCREENED | 1.63% | no in-house ratios for this holding |
| Lincoln Center Building Corp | UNSCREENED | 1.61% | no in-house ratios for this holding |
| Roanoke Economic Development Authority | UNSCREENED | 1.48% | no in-house ratios for this holding |
| Ohio Water Development Authority Water Pollution Control Loan Fund | UNSCREENED | 1.48% | no in-house ratios for this holding |
| Whitestown Redevelopment Authority | UNSCREENED | 1.48% | no in-house ratios for this holding |
| New Jersey Turnpike Authority | UNSCREENED | 1.47% | no in-house ratios for this holding |
| City of San Antonio TX Electric & Gas Systems Revenue | UNSCREENED | 1.45% | no in-house ratios for this holding |
| West Virginia University | UNSCREENED | 1.44% | no in-house ratios for this holding |
| New Jersey Turnpike Authority | UNSCREENED | 1.44% | no in-house ratios for this holding |
| Sangamon County School District No 186 Springfield | UNSCREENED | 1.43% | no in-house ratios for this holding |
| City of Ogden City UT Sewer & Water Revenue | UNSCREENED | 1.43% | no in-house ratios for this holding |
| Western Regional Jail Authority | UNSCREENED | 1.39% | no in-house ratios for this holding |
| County of Sedgwick KS | UNSCREENED | 1.39% | no in-house ratios for this holding |
| City of Colorado Springs CO Utilities System Revenue | UNSCREENED | 1.34% | no in-house ratios for this holding |
| Indiana Finance Authority | UNSCREENED | 1.34% | no in-house ratios for this holding |
| New York State Dormitory Authority | UNSCREENED | 1.28% | no in-house ratios for this holding |
| Public Finance Authority | UNSCREENED | 1.17% | no in-house ratios for this holding |
| Tampa Bay Water | UNSCREENED | 1.15% | no in-house ratios for this holding |
| Alexandria Sanitation Authority | UNSCREENED | 1.15% | no in-house ratios for this holding |
| Cook County School District No 111 Burbank | UNSCREENED | 1.11% | no in-house ratios for this holding |
| County of Otero NM | UNSCREENED | 1.10% | no in-house ratios for this holding |
| Philadelphia Gas Works Co | UNSCREENED | 1.00% | no in-house ratios for this holding |
| City of Wayland MI | UNSCREENED | 1.00% | no in-house ratios for this holding |
| Port Authority of New York & New Jersey | UNSCREENED | 0.99% | no in-house ratios for this holding |
| Town of Pike Road AL | UNSCREENED | 0.94% | no in-house ratios for this holding |
| Village of Palatine IL | UNSCREENED | 0.93% | no in-house ratios for this holding |
| Lafourche Parish School Board | UNSCREENED | 0.85% | no in-house ratios for this holding |
| Americus-Sumter Payroll Development Authority | UNSCREENED | 0.81% | no in-house ratios for this holding |
| Indiana Finance Authority | UNSCREENED | 0.81% | no in-house ratios for this holding |
| City of Superior WI | UNSCREENED | 0.77% | no in-house ratios for this holding |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue | UNSCREENED | 0.67% | no in-house ratios for this holding |
| County of Warren IL | UNSCREENED | 0.58% | no in-house ratios for this holding |
| City of Oakland Park FL | UNSCREENED | 0.56% | no in-house ratios for this holding |
| Fairfax County Economic Development Authority | UNSCREENED | 0.51% | no in-house ratios for this holding |
| State of Washington | UNSCREENED | 0.49% | no in-house ratios for this holding |
| Juban Crossing Economic Development District | UNSCREENED | 0.47% | no in-house ratios for this holding |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| County of Mobile ALnot matched to a ticker | 3.54% | Not screened |
| City of Burlington WInot matched to a ticker | 3.25% | Not screened |
| Cook County School District No 111 Burbanknot matched to a ticker | 3.08% | Not screened |
| Medical Center Educational Building Corpnot matched to a ticker | 2.67% | Not screened |
| Southampton County Industrial Development Authoritynot matched to a ticker | 2.62% | Not screened |
| West Virginia Economic Development Authoritynot matched to a ticker | 2.52% | Not screened |
| Eastern Kentucky Universitynot matched to a ticker | 2.47% | Not screened |
| City of Hialeah FL Utility Systemnot matched to a ticker | 2.34% | Not screened |
| Isle Wight County Industrial Development Authoritynot matched to a ticker | 2.28% | Not screened |
| Wisconsin Health & Educational Facilities Authoritynot matched to a ticker | 2.22% | Not screened |
Top 10 of 63 holdings, 27.0% of the fund by weight. Every holding is screened, not only these.
The positions keeping this fund short of 100% compliant by weight.
Verdict history for GTFHX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
ℹ️ no compliance scan has run for 6 days - this is not a reading of today
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 58.30 | NEUTRAL |
| Stochastic %K (14) | 100.00 | SELL |
| CCI (20) | 139.31 | SELL |
| Williams %R (14) | 0.00 | SELL |
| MACD (12,26,9) | 0.03 | BUY |
| ROC (10) | 1.14 | BUY |
| Momentum (10) | 0.11 | BUY |
| EMA (10) | 9.66 | BUY |
| SMA (10) | 9.63 | BUY |
| EMA (20) | 9.66 | BUY |
| SMA (20) | 9.62 | BUY |
| EMA (30) | 9.69 | BUY |
| SMA (30) | 9.67 | BUY |
| EMA (50) | 9.74 | SELL |
| SMA (50) | 9.78 | SELL |
| EMA (100) | 9.82 | SELL |
| SMA (100) | 9.89 | SELL |
| EMA (200) | 9.87 | SELL |
| SMA (200) | 9.92 | SELL |
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
The questions worth asking about any verdict on this page, answered plainly.
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.