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The Short Term Strategic Income ETF seeks to generate a high level of current income with diversified exposure to fixed income sectors. Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in bonds. To keep current income relatively stable and to limit share price volatility, the Fund emphasizes investment grade securities and maintains a short (typically 3.5 years or less) average portfolio duration, with the goal of being between 75-125% of the market benchmark duration (for this purpose, the benchmark used is Bloomberg US Government/Credit Float Adjusted 1-5 Year Index, the duration of which as of June 30, 2023 was 2.62 years). The maximum average duration of any individual portfolio security will be 8 years.
Madison Short Term Strategic Income ETF trades on the ARCA stock market under the symbol MSTI.
As of March 17, 2026, MSTI stock price was flat at $20.46 with 1,662 million shares trading.
MSTI has a market cap of $57.29 million. This is considered a Micro Cap stock.
MSTI has underperformed the market in the last year with a return of +5.1%, while SPY returned +20.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MSTI shares. However, MSTI has outperformed the market in the last 3 month and 2 week periods, returning +0.5% and -0.5%, while SPY returned -0.9% and -2.2%, respectively. This indicates MSTI has been having a stronger performance recently.
MSTI support price is $20.43 and resistance is $20.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MSTI shares will trade within this expected range on the day.
