Madison Aggregate Bond ETF (MAGG)
Madison Aggregate Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Madison, WI, US. The stock last traded at $19.90, up 0.10% on the session, giving a market capitalisation of $66.2M. Its beta of 0.21 implies it has historically moved less than the broad market.
Typically, in standard market environments, this fund commits a minimum of 80% of its total assets, including any funds obtained through borrowing for investment purposes, to fixed-income securities. Additionally, it reserves the right to allocate up to 10% of its net assets towards shares of other regulated investment entities whose primary focus is debt instruments.
Madison Aggregate Bond ETF is most often compared with the following Financial Services names: