MIIRX

About MIIRX

Madison High Quality Bond Fund Class I is an actively managed mutual fund focused on preserving capital and generating total return within strict quality and maturity limits. The fund invests primarily in investment-grade fixed income, limiting holdings to bonds and money market instruments rated A or better, while maintaining a dollar‑weighted average maturity of ten years or less, a structure designed to manage credit risk and interest‑rate sensitivity. Its portfolio spans U.S. Treasury and agency securities alongside high‑quality corporate debt, emphasizing broad diversification within higher‑quality tiers. Categorized within the short‑term bond universe, the strategy typically maintains limited interest‑rate sensitivity and high credit quality, with an effective duration profile in the intermediate short range. Managed with a disciplined risk framework, the fund aims to balance yield and quality, often concentrating the top positions in U.S. government and agency obligations to anchor liquidity and credit strength. In the mutual fund landscape, it serves investors seeking a quality‑biased core fixed income allocation that prioritizes stability, liquidity, and consistent income under clearly defined policy constraints.