MBOAX

About MBOAX

Madison Core Bond Fund Class A is an open-ended mutual fund specializing in fixed income investments. Its primary objective is to generate a high level of current income while carefully limiting overall investment risk. The fund employs an active management approach, focusing on diversifying across a broad array of investment-grade bonds, including securities issued by the U.S. government, government agencies, corporate issuers, as well as mortgage-backed and asset-backed securities. Notably, the fund maintains an intermediate duration profile—typically between 3 and 7 years—striving to balance yield opportunities with interest rate sensitivity, and aims for a portfolio duration close to that of established benchmarks like the Bloomberg U.S. Aggregate Bond Index. With at least 80% of its assets invested in bonds, the Madison Core Bond Fund Class A is designed for those seeking relatively stable income streams. The fund generally limits exposure to higher-risk, non-investment grade securities, keeping credit quality high. Its flexible mandate allows for tactical shifts in credit risk, sector allocation, and yield curve positioning, all within set risk controls. This fund holds a notable position within the intermediate core bond fund category, appealing to investors seeking consistent income and preservation of capital as part of a diversified portfolio.