Madison Investments slashes fees for two key fixed income ETFs in 2026
Madison Investments has reduced the management fees for two of its fixed income ETFs. The decrease applies to MAGG and MSTI, both actively managed by the Wisconsin-based firm. The change takes effect from early March 2026.
The fee for MAGG and MSTI will drop from 0.40% to 0.36% on March 2, 2026. Both funds are overseen by portfolio managers Mike Sanders and Allen Olson.
MAGG operates as a core fixed income fund with a broad diversification strategy. Its portfolio duration typically ranges between three and seven years. In contrast, MSTI focuses on generating high current income while maintaining a shorter duration of 3.5 years or less.
Madison Investments, headquartered in Madison, Wisconsin, holds around $29.3 billion in total assets under management as of December 2025. Within this, over $12 billion is allocated to fixed income investments across mutual funds, ETFs, and separately managed accounts.
The fee reduction comes as the firm continues to expand its fixed income offerings. MAGG and MSTI will now cost investors less to manage, starting in March 2026. The move follows the launch of both ETFs in August 2023.
