• High Quality Bond Fund

Fund Objective

The fund seeks to obtain the highest total investment return possible within its quality and maturity boundaries.

Investment Strategies

Madison High Quality Bond Fund is a high-quality government and corporate bond fund. It is designed to provide regular income through investments in an actively managed diversified group of bonds which will typically include both government and investment-grade corporate issuance of intermediate duration. 

Key Highlights

(as of Thursday October 19, 2017)
  Class Y
Daily Price 10.93
Ticker Symbol MIIBX
Inception Date 05/01/00
Expense Ratio 0.49


Links to other Madison Funds information:

Daily Price Summary
Performance Summary (PDF)
Prospectus and Financial Reports
Account Applications and Forms
Tax Information

Portfolio Management


Paul Lefurgey, CFA

Chris Nisbet, CFA

Portfolio Highlights

Top Ten Fund Holdings
(as of September 30, 2017)
US TREASURY N/B
(2.625% 15 Nov 2020)
4.7%
US TREASURY N/B
(2.5% 15 Aug 2023)
4.7%
US TREASURY N/B
(2.375% 15 May 2027)
4.5%
US TREASURY N/B
(1.125% 31 Dec 2019)
4.5%
US TREASURY N/B
(3.625% 15 Feb 2020)
4.2%
FREDDIE MAC
(2.375% 13 Jan 2022)
4.1%
FANNIE MAE
(0.875% 08 Feb 2018)
4.0%
FANNIE MAE
(1.375% 07 Oct 2021)
4.0%
US TREASURY N/B
(3.125% 15 May 2019)
3.9%
US TREASURY N/B
(1.5% 31 Mar 2019)
3.8%
% of Fund in Top Ten Securities42.3%
 
Net Assets (as of 9/30/17) $99.6 Million
Turnover (as of 10/31/16) 25%

 

Complete Holdings List

Mutual funds invested in bonds are subject to certain risks including interest rate risk, credit risk and inflation risk.  As interest rates rise, the prices of bonds fall. Long-term bonds are more exposed to interest rate risk than short-term bonds.