AUM$6.7M
Expense Ratio0.40%
NAV$20.47
Holdings99
InceptionSep 13, 2023
Price Chart
Key Statistics
Previous Close
$20.48Day Range
$20.44$20.44
52-Week Range
$20.34$20.82
Avg Volume
3.9KDividend Yield
5.27%Expense Ratio
0.40%AUM
$6.7MShares Outstanding
2.9MSector Breakdown
| Sector | Weight % |
|---|---|
| Cash & Others | 100.00% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 63.85% |
| Other | 34.39% |
| Ireland | 1.76% |
Fund Information
- Issuer
- Madison Funds
- Category
- Cash & Others
- Subcategory
- Treasury
- Inception Date
- Sep 13, 2023
- Exchange
- NYSE_ARCA
- Description
- 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. MSTIs goal is to maintain an average portfolio duration of three and half years or less. Additionally, the fund adheres to the Advisers 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
Similar ETFs
The Madison Short Term Strategic Income ETF (MSTI) is an exchange-traded fund issued by Madison Funds that launched on Sep 13, 2023. It currently manages $6.7M in assets under management. The fund charges an expense ratio of 0.40%. The fund holds 99 securities in its portfolio. It falls under the Cash & Others category.
Top 10 holdings represent 20.5% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | 56585ABK7 | Marathon Petroleum Corp 5.15% 03/01/2030 | 2.22% | 1,275,000 | $1.3M |
| 2 | 91282CFV8 | United States Treasury Note/Bond 4.125% 11/15/2032 | 2.14% | 1,250,000 | $1.3M |
| 3 | 31418ELX6 | Fannie Mae Pool 5% 12/01/2052 | 2.13% | 1,258,026 | $1.3M |
| 4 | 38141GZU1 | Goldman Sachs Group Inc/The 4.482% 08/23/2028 | 2.11% | 1,243,000 | $1.2M |
| 5 | 29273VAZ3 | Energy Transfer LP 5.25% 07/01/2029 | 2.10% | 1,200,000 | $1.2M |
| 6 | 626738AD0 | Murphy Oil USA Inc 5.625% 05/01/2027 | 1.99% | 1,175,000 | $1.2M |
| 7 | 31418ET67 | Fannie Mae Pool 5.5% 07/01/2053 | 1.98% | 1,154,298 | $1.2M |
| 8 | 91914JAB8 | Valero Energy Partners LP 4.5% 03/15/2028 | 1.97% | 1,155,000 | $1.2M |
| 9 | 92343EAL6 | VeriSign Inc 4.75% 07/15/2027 | 1.93% | 1,140,000 | $1.1M |
| 10 | 50212YAD6 | LPL Holdings Inc 4% 03/15/2029 | 1.91% | 1,150,000 | $1.1M |
| 11 | 8AMMF0JA0 | US BANK MMDA - USBGFS 9 09/01/2037 | 1.87% | 1,105,556 | $1.1M |
| 12 | 46647PAV8 | JPMorgan Chase & Co 4.203% 07/23/2029 | 1.86% | 1,100,000 | $1.1M |
| 13 | 097023DQ5 | Boeing Co/The 6.298% 05/01/2029 | 1.79% | 1,000,000 | $1.1M |
| 14 | 446150BC7 | Huntington Bancshares Inc/OH 6.208% 08/21/2029 | 1.77% | 1,000,000 | $1.0M |
| 15 | 00774MAR6 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust 4.625% 10/15/2027 | 1.76% | 1,033,000 | $1.0M |
Page 1 of 2
Detailed Returns
| Period | Return | ETF | Cat. Avg | vs Avg |
|---|---|---|---|---|
| 1D | -0.20% | — | ||
| 1W | -0.41% | — | ||
| 1M | -0.39% | — | ||
| 3M | -1.02% | — | ||
| 6M | -1.59% | — | ||
| YTD | -0.34% | — | ||
| 1Y | -0.15% | — | ||
| 3Y | +2.24% | — | ||
| 5Y | +2.24% | — |
Moving Averages
20-Day MA
$20.56
Below 20-Day MA50-Day MA
$20.54
Below 50-Day MA200-Day MA
$20.61
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$20.82
Current Price
$20.44
52-Week Low
$20.34
$20.34$20.82
Current Yield
5.27%
Annual Dividend
$0.3948
Frequency
12x/year
Last Ex-Date
Feb 25, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Feb 25, 2026 | $0.0239 | Feb 27, 2026 |
| Jan 28, 2026 | $0.0719 | Jan 30, 2026 |
| Dec 26, 2025 | $0.2193 | Dec 30, 2025 |
| Nov 26, 2025 | $0.0797 | Nov 28, 2025 |
| Oct 29, 2025 | $0.0949 | Oct 31, 2025 |
| Sep 26, 2025 | $0.0844 | Sep 29, 2025 |
| Aug 27, 2025 | $0.0823 | Aug 29, 2025 |
| Jul 29, 2025 | $0.0778 | Jul 31, 2025 |
| Jun 26, 2025 | $0.0811 | Jun 30, 2025 |
| May 28, 2025 | $0.0923 | May 30, 2025 |
| Apr 28, 2025 | $0.0856 | Apr 30, 2025 |
| Mar 27, 2025 | $0.0893 | Mar 31, 2025 |
| Feb 26, 2025 | $0.0419 | Feb 28, 2025 |
| Jan 29, 2025 | $0.0788 | Jan 31, 2025 |
| Dec 27, 2024 | $0.1485 | Dec 31, 2024 |
| Nov 26, 2024 | $0.0938 | Nov 29, 2024 |
| Oct 28, 2024 | $0.0874 | Oct 30, 2024 |
| Sep 26, 2024 | $0.0836 | Sep 30, 2024 |
| Aug 27, 2024 | $0.0949 | Aug 29, 2024 |
| Jul 26, 2024 | $0.0742 | Jul 30, 2024 |
Dividend Payments Over Time
Category Comparison
| Metric | MSTI | Cash & Others(1031 ETFs) | Treasury(196 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.40% | 0.61% | 0.40% |
| AUM | $6.7M | $2.64B | $2.50B |
| Dividend Yield | 5.27% | 9.23% | 4.27% |
| Avg Volume | 3.9K | 1.9M | 1.2M |
| Holdings | 99 | 386 | 87 |
| Performance | |||
| 1-Month Return | -0.46% | -0.85% | -0.60% |
| 6-Month Return | -1.09% | -1.82% | -0.71% |
| YTD Return | -0.29% | -0.57% | +0.25% |
| 1-Year Return | -0.29% | +1.76% | +0.42% |
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