Monarch Ambassador Income Index ETF
$23.16+0.04 (+0.17%)
- 1.15%
- $194M
- −0.9%
- 2.80%
- 0M sh
- $23.13
- low $22.79high $24.83
The ETF.net MAMB Grade
D
Score 34 out of 100
- 29 of 29
Score 34 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F0 out of 100Rank 29 of 29Mission
Whether the fund did what it promised, tested against its stated mandate.B68 out of 100Rank 21 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D37 out of 100Rank 20 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C49 out of 100Rank 13 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F24 out of 100Rank 26 of 29Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C44 out of 100Rank 21 of 29
Our read on MAMB
DA bond fund that goes its own way: MAMB replicates the proprietary Monarch Ambassador Income Index across US and global debt, pays quarterly, and charges well above the core-bond norm to do it.
The Fund seeks to replicate, before fees and expenses, the performance of the Monarch Ambassador Income Index. It invests at least 80% of assets in Index constituents and uses a replication-indexing strategy.
Why people hold it
- Rules first: at least 80% of assets sit in index constituents, held by straight replication rather than manager discretion.
- Income lands on a quarterly schedule, and the mandate reaches across both US and global bonds instead of one narrow sleeve.
- Trading since 2021, so there is a real multi-year live record to inspect, not a back-test.
Worth knowing
- Cost is the headline trade-off: 1.39% a year against a 0.36% median for aggregate-bond peers, and 0.03% at BND, SPAB and SCHZ.
- Thinly traded and small beside the core-bond giants, so the spread on the way in and out carries more weight here.
- No other fund tracks the Monarch Ambassador Income Index, leaving fewer outside reference points for judging the benchmark itself.
MAMB Holdings
- Bonds
- 10
- 100%
- IEF
Sectors
- Utilities82.7%
- Technology13.1%
- Industrials4.2%
- Communication0.1%
Geography
- United States100.00%
MAMB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
MAMB$9,907
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MAMB |
|---|---|
| Year to date | −1.6% |
| 1 month | −1.3% |
| 3 months | −2.4% |
| 1 year | −0.9% |
| 3 years | +6.2% |
| 5 years | +0.1% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MAMB |
|---|---|---|
| 2026 YTD | −1.6% | |
| 2025 | +10.7% | |
| 2024 | +1.3% | |
| 2023 | +4.9% | |
| 2022 | −13.0% | |
| 2021 | +1.4% |
MAMB in the news
MAMB Dividends
- 2.80%
- $0.65
- $0.16 per share
- Quarterly
Distribution history
MAMB Risk
- 6.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.20
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −19.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.12
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MAMB Cost
1.15%
MAMB1.15%
- The middle half of Global Aggregate Bond (Unhedged) funds
- Median 0.45%
Every other Global Aggregate Bond (Unhedged) fund charges less.
Other funds in Global Aggregate Bond (Unhedged)
- CSTXTStrive Total Return Bond ETFExpense ratio 0.49%1 year return −2.2%
- CKDRNKingsbarn Tactical Bond ETFExpense ratio 0.57%1 year return −0.9%
- DFLXIInvesco Flexible Income ETFExpense ratio 0.39%1 year return —
- DSIOTouchstone Strategic Income ETFExpense ratio 0.82%1 year return +0.3%
- DAFIFAnfield Universal Fixed Income ETFExpense ratio 0.85%1 year return +3.1%