Key stats
About Madison Aggregate Bond ETF
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Inception date
Aug 28, 2023
Structure
Open-Ended Fund
Replication method
Physical
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
ISIN
US5574413002
MAGG provides a diversified exposure to the US investment-grade bond market, aiming for a performance that surpasses its benchmark. To pursue its objective, the fund enhances portfolio returns through strategic choices involving credit risk, sector allocation, and yield curve positioning. Typically, the fund maintains a portfolio of 100 to 500 diverse US government debts and investment-grade domestic corporate securities. Although the majority of holdings are investment grade, the fund may hold a maximum of 10% non-investment grade securities. Furthermore, the fund keeps an average duration of 3-7 years average portfolio duration, which minimizes share price volatility and aims for a steady current income. Being an actively managed fund, the advisor can modify the fund's makeup in terms of quality and maturity. Positions are dropped for securities with the potential to yield superior returns.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Securitized
Corporate
Government
Bonds, Cash & Other100.00%
Securitized43.41%
Corporate31.51%
Government23.27%
Cash1.82%
Stock breakdown by region
North America97.44%
Europe1.89%
Asia0.66%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MAGG invests in bonds. The fund's major sectors are Securitized, with 43.41% stocks, and Corporate, with 31.51% of the basket. The assets are mostly located in the North America region.
MAGG top holdings are United States Treasury Notes 4.0% 31-JUL-2030 and United States Treasury Notes 4.375% 15-MAY-2034, occupying 3.82% and 3.79% of the portfolio correspondingly.
MAGG last dividends amounted to 0.08 USD. The month before, the issuer paid 0.07 USD in dividends, which shows a 5.52% increase.
MAGG assets under management is 66.50 M USD. It's fallen 1.12% over the last month.
MAGG fund flows account for 6.19 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MAGG pays dividends to its holders with the dividend yield of 4.68%. The last dividend (Aug 29, 2025) amounted to 0.08 USD. The dividends are paid monthly.
MAGG shares are issued by Madison Investment Holdings, Inc. under the brand Madison. The ETF was launched on Aug 28, 2023, and its management style is Active.
MAGG expense ratio is 0.40% meaning you'd have to pay 0.40% of your investment to help manage the fund.
MAGG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MAGG invests in bonds.
MAGG price has risen by 1.13% over the last month, and its yearly performance shows a −1.90% decrease. See more dynamics on MAGG price chart.
NAV returns, another gauge of an ETF dynamics, showed a 4.97% increase in three-month performance and has increased by 9.50% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 4.97% increase in three-month performance and has increased by 9.50% in a year.
MAGG trades at a premium (0.35%) meaning the ETF is trading at a higher price than the calculated NAV.