Symbols

MSTI

Madison Short Term Strategic Income ETF·ARCA

--(--)

Key Stats

Assets Under Management

62.55MUSD

Fund Flows (1Y)

-3.10MUSD

Dividend Yield

5.40%

Discount/Premium to NAV

-0.06%

Shares Outstanding

3.10M

Expense Ratio

0.40%

About Madison Short Term Strategic Income ETF

Issuer

Madison Investment Holdings, Inc.

Brand

Madison

Home Page

https://madisonfunds.com/etfs/madison-short-term-strategic-income/

Inception Date

Sep 5, 2023

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Madison Asset Management LLC

Distributor

MFD Distributor LLC

MSTI strives to achieve substantial income gains by favoring securities perceived to be of lower-risk and high quality. The fund typically holds a portfolio of 100-500 US Corporate and Government bonds that are rated investment grade but has the flexibility to invest in those of lower ratings, along with asset-backed securities. Securities selected for the fund are characterized by their credit risk, sector exposure and yield curve positioning. MSTI's goal is to maintain an average portfolio duration of three and half years or less. Additionally, the fund adheres to the Adviser's "Participate and Protect” methodology, which aims to seize opportunities during market upturns and employ measures to reduce potential impacts of market downturns. It is important to note that while this conservative strategy aims to mitigate risk, it does not guarantee specific outcomes or complete risk elimination