MAGG

Madison Aggregate Bond ETF

$20.55

+0.00%

Market closed. Last update: 11:55 AM ET

📎 Investment Objective

The Madison Aggregate Bond ETF (MAGG) seeks to provide current income and capital preservation by tracking the performance of the Bloomberg Barclays US Aggregate Bond Index.

Overview

ETF tracking Madison Aggregate Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2023-08-29

Market Cap $66.4M

Average Volume N/A

Dividend Yield 3.79%

52-Week Range $19.80 - $20.87

VWAP $20.56

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Madison Aggregate Bond ETF (MAGG) seeks to provide current income and capital preservation by tracking the performance of the Bloomberg Barclays US Aggregate Bond Index.

🎯 Investment Strategy

The ETF invests primarily in a diversified portfolio of investment-grade fixed-income securities, including U.S. government bonds, corporate bonds, and mortgage-backed securities, in an attempt to replicate the performance of the benchmark index.

✨ Key Features

Broad exposure to the U.S. investment-grade bond market
Low-cost index-based approach with a 0.00% expense ratio
Potential for steady income and relatively low volatility
Suitable for core fixed-income allocation in a diversified portfolio

⚠️ Primary Risks

Interest rate risk: Bond prices may decline as interest rates rise
Credit risk: Issuers may default on their debt obligations
Liquidity risk: Difficulty buying or selling shares in certain market conditions
Tracking error risk: The fund may not perfectly replicate the index performance

👤 Best For

The Madison Aggregate Bond ETF may be suitable for investors seeking broad exposure to the U.S. investment-grade bond market as a core fixed-income component of a diversified portfolio. It may be particularly appropriate for conservative investors, retirees, or those with a lower risk tolerance who are looking for a relatively stable source of income and capital preservation.