MBORX – Madison Core Bond R6 Investment Strategy | Morningstar

Morningstar

Strategy

The investment seeks to generate a high level of current income, consistent with the prudent limitation of investment risk. The fund invests at least 80% of its net assets (including 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 an intermediate (typically 3-7 year) average portfolio duration, with the goal of being between 85-115% of the market benchmark duration (for this purpose, the benchmark used is Bloomberg U.S. Aggregate Bond Index).

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MBOYX	Madison Core Bond Fund Class Y	Institutional	—			Jun 30, 2006	$3.71M	0.460%	Average	$1,000	−$30,644.72
MBOIX	Madison Core Bond Fund Class I	Institutional	—			Feb 26, 2021	$88.38M	0.360%	Low	$250,000	$8.11M
MBOAX	Madison Core Bond Fund Class A	Front Load	—			Dec 29, 1997	$21.89M	0.710%	Below Average	$1,000	−$4.94M
MBORX	Madison Core Bond Fund Class R6	Retirement, Large	—			Feb 28, 2022	$105.24M	0.280%	Low	$500,000	$3.60M

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