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Morningstar

Madison Core Bond A MBOAX

Morningstar Medalist Rating
Medalist Rating as of | See Madison Investment Investment Hub
  • NAV / 1-Day Return 8.77  /  −0.34 %
  • Total Assets 176.4 Mil
  • Adj. Expense Ratio
    0.850%
  • Expense Ratio 0.850%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.92%
  • Effective Duration 6.00 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0

Morningstar’s Analysis MBOAX

Will MBOAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MBOAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MBOAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MBOAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Madison Core Bond A's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings MBOAX

More MBOAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 2.875%

2.94 5.7 Mil
Government

United States Treasury Notes 4%

2.81 5.4 Mil
Government

United States Treasury Notes 2.625%

2.64 5.1 Mil
Government

United States Treasury Notes 2.375%

2.38 4.6 Mil
Government

United States Treasury Bonds 3.75%

2.02 3.9 Mil
Government

Federal Home Loan Mortgage Corp. 2.5%

1.57 3.0 Mil
Securitized

United States Treasury Notes 3.875%

1.52 2.9 Mil
Government

United States Treasury Bonds 2.25%

1.43 2.8 Mil
Government

United States Treasury Notes 2.25%

1.37 2.6 Mil
Government

United States Treasury Notes 4.625%

1.18 2.3 Mil
Government