Madison Midd Cap基金在2025年出售了Brown-Forman股票,原因是青年对酒的需求下降、健康趋势以及大麻合法化。 The Madison Mid Cap Fund sold Brown-Forman shares in Q2 2025 due to declining liquor demand from youth, health trends, and cannabis legalization.

Madison Midd Cap基金在2025年第二季度出售了在Brown-Forman(BF-B)的股份,理由是酒精需求下降与长期趋势相关联,如年轻消费者消费减少、减肥药物的影响、对更健康的生活方式的兴趣增加以及大麻合法化的扩大。 The Madison Mid Cap Fund sold its stake in Brown-Forman (BF-B) during the second quarter of 2025, citing declining liquor demand linked to long-term trends like reduced consumption among younger consumers, the impact of weight loss medications, rising interest in healthier lifestyles, and expanding cannabis legalization. 基金本季度回报率为5.2%,低于Russell Midcap指数8.5%的收益。 The fund posted a 5.2% return for the quarter, underperforming the Russell Midcap Index's 8.5% gain. Brown-Forman的股票在过去一年下降了41.58%,前一个月下降了11.47%,2025年9月19日关闭27.48美元,市场上限为128.88亿美元。 Brown-Forman's stock had fallen 41.58% over the past year and 11.47% in the prior month, closing at $27.48 on September 19, 2025, with a market cap of $12.888 billion. 该基金还强调关税是一种风险,指出美国威士忌经常面临贸易壁垒,增加了出口不确定性。 The fund also highlighted tariffs as a risk, noting that American whiskey often faces trade barriers, increasing uncertainty for exports. 虽然复苏是可能的,但基金强调,这些社会变化可能持续多年。 While recovery is possible, the fund stressed that these societal shifts may endure for years.