---
ticker: "MSTI"
name: "Madison Short Term Strategic Income ETF"
url: "https://etf.net/etf/MSTI"
grade: "B"
score: 64
graded_at: "2026-10-12"
category: "Multi-Sector Bond Income"
category_rank: "6 of 25"
methodology: "https://etf.net/methodology"
---

# MSTI: Madison Short Term Strategic Income ETF

Grade **B**, Score 64 of 100. Rank 6 of 25 in Multi-Sector Bond Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 90 | 3 of 25 |
| Mission | 52 | 12 of 14 |
| Risk | 65 | 7 of 20 |
| Tradability | 27 | 22 of 25 |
| Holdings | 78 | 5 of 25 |
| Durability | 52 | 15 of 25 |

## Top holdings

The fund holds 115 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 91282CJA0 | United States Treasury Note/Bond 4.625% 09/30/2028 | 2.59% |
| 2 | 91282CFV8 | United States Treasury Note/Bond 4.125% 11/15/2032 | 2.47% |
| 3 | 31418ELX6 | Fannie Mae Pool 5% 12/01/2052 | 2.29% |
| 4 | 46647PAV8 | JPMorgan Chase & Co 4.203% 07/23/2029 | 2.25% |
| 5 | 00774MAR6 | AerCap Ireland Capital DAC / AerCap Global Aviation Trust 4.625% 10/15/2027 | 2.14% |
| 6 | 446150BC7 | Huntington Bancshares Inc/OH 6.208% 08/21/2029 | 2.11% |
| 7 | 693475BK0 | PNC Financial Services Group Inc/The 5.354% 12/02/2028 | 2.09% |
| 8 | 31418ET67 | Fannie Mae Pool 5.5% 07/01/2053 | 2.09% |
| 9 | 29273VAZ3 | Energy Transfer LP 5.25% 07/01/2029 | 2.07% |
| 10 | 316773DG2 | Fifth Third Bancorp 4.772% 07/28/2030 | 2.04% |
| 11 | 8AMMF0JA0 | Us Bank Mmda - Usbgfs 9 09/01/2037 | 1.97% |
| 12 | 14040HDG7 | Capital One Financial Corp 5.463% 07/26/2030 | 1.92% |
| 13 | 06051GKW8 | Bank of America Corp 4.948% 07/22/2028 | 1.81% |
| 14 | 56585ABK7 | Marathon Petroleum Corp 5.15% 03/01/2030 | 1.80% |
| 15 | 3132DWFF5 | Freddie Mac Pool 4.5% 11/01/2052 | 1.77% |
| 16 | 50212YAD6 | LPL Holdings Inc 4% 03/15/2029 | 1.60% |
| 17 | 893647BS5 | TransDigm Inc 6.875% 12/15/2030 | 1.58% |
| 18 | 38141GZU1 | Goldman Sachs Group Inc/The 4.482% 08/23/2028 | 1.54% |
| 19 | 87165BAW3 | Synchrony Financial 5.45% 03/06/2031 | 1.52% |
| 20 | 84615QAA1 | Space Exploration Technologies Corp 5.35% 07/15/2031 | 1.48% |
| 21 | 060505GQ1 | Bank of America Corp 4.456% 02/06/2032 | 1.48% |
| 22 | 78410GAD6 | SBA Communications Corp 3.875% 02/15/2027 | 1.48% |
| 23 | 278058DY5 | Eaton Corp 4.5% 03/06/2033 | 1.46% |
| 24 | 91914JAB8 | Valero Energy Partners LP 4.5% 03/15/2028 | 1.44% |
| 25 | 38385KZ60 | Government National Mortgage Association 4.75% 12/20/2055 | 1.43% |
| 26 | 68389XDK8 | Oracle Corp 4.8% 09/26/2032 | 1.39% |
| 27 | — | Cash & Other | 1.34% |
| 28 | 3136BY3V2 | Fannie Mae REMICS 4.5% 03/25/2055 | 1.32% |
| 29 | 749571AJ4 | RHP Hotel Properties LP / RHP Finance Corp 7.25% 07/15/2028 | 1.31% |
| 30 | 09951LAA1 | Booz Allen Hamilton Inc 3.875% 09/01/2028 | 1.31% |

Source: etf.net, https://etf.net/etf/MSTI. Please cite the page URL.