Ray Di Bernardo

Ray Di Bernardo is Vice President and Portfolio Manager at Madison Investments, based in Madison, WI. He has managed the firm's covered call and equity income strategies, including all options-related mandates, since joining Madison in 2003. Ray leads management of the Madison Covered Call & Equity Income Fund and co-manages the XAI Madison Equity Premium Income Fund, applying options-based income strategies to equity portfolios.

Ray focuses specifically on U.S. equities, covered call strategies, and equity income solutions. He acts as both a portfolio manager and an analyst for Madison’s US Equity Team, contributing expertise to small, mid, and large cap equity strategies as well as blended funds with options overlays. His specialized work in covered call and options-based portfolios has helped Madison Investments establish unique income-generating investment products in the industry.

Prior to joining Madison Investments, Ray was an equity analyst at Concord Asset Management in Chicago, with earlier experience at a Toronto-based international equity firm. He holds a B.A. from the University of Western Ontario and earned his CFA charter in 1993. Ray’s recognized expertise in equity and options strategies has made him a noteworthy contributor to the evolution of option-based investment funds.