Madison Investments cuts fees on two fixed income ETFs

Madison Investments announced a reduction in management fees for two of its fixed income exchange-traded funds, effective March 2, 2026. The Madison Aggregate Bond ETF (MAGG) and Madison Short Term Strategic Income ETF (MSTI) will see their management fees decrease from 0.40% to 0.36%.

Both ETFs are actively managed by Mike Sanders and Allen Olson. MAGG, launched in August 2023, maintains a portfolio duration typically between 3-7 years and functions as a broadly diversified core fixed income fund. MSTI focuses on generating current income within a portfolio duration of 3.5 years or less.

The Wisconsin-based investment management firm manages over $12 billion in fixed income assets across mutual funds, ETFs, and separately managed accounts. Founded in 1974, Madison Investments has approximately $29.3 billion in total assets under management as of December 31, 2025.

Both ETFs employ active management strategies for portfolio duration, yield curve positioning, sector and industry allocation, and credit quality in pursuit of their investment objectives. The fee reduction applies to the actively managed funds' management expenses.

The information was disclosed in a company press release statement.

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