MSTI

Madison Short-Term Strategic Income ETF

$20.64
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Madison Short-Term Strategic Income ETF (MSTI) seeks to provide current income while preserving capital by investing in a diversified portfolio of short-term fixed income securities.

Overview

ETF tracking Madison Short-Term Strategic Income ETF

Category Value
Issuer Other
Inception Date 2023-09-06
Market Cap $68.1M
Average Volume N/A
Dividend Yield 3.92%
52-Week Range $20.23 - $20.82
VWAP $20.63

Performance

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Investment Summary

📎 Investment Objective

The Madison Short-Term Strategic Income ETF (MSTI) seeks to provide current income while preserving capital by investing in a diversified portfolio of short-term fixed income securities.

🎯 Investment Strategy

The fund invests primarily in investment-grade short-term bonds, including U.S. government securities, corporate bonds, and mortgage-backed securities. The portfolio is actively managed to maintain an average duration of 1-3 years, aiming to generate income while limiting interest rate risk.

✨ Key Features

  • Focuses on short-term, investment-grade fixed income securities
  • Actively managed to maintain a low duration portfolio
  • Aims to provide current income while preserving capital
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Interest rate risk: The fund's value may decline when interest rates rise
  • Credit risk: The fund is exposed to the risk of default by the issuers of the bonds it holds
  • Liquidity risk: The fund may have difficulty selling certain securities, especially in volatile markets
  • Reinvestment risk: When interest rates fall, the fund may have to reinvest coupon payments or proceeds from sales at lower rates

👤 Best For

The Madison Short-Term Strategic Income ETF may be suitable for investors seeking a low-risk, low-volatility fixed income investment that can provide a steady stream of current income. It may be particularly appealing to conservative investors or those with a shorter investment horizon who want to preserve capital while generating some yield.