Madison Short Term Strategic Income ETF Announces Monthly Dividend of $0.07 (NYSEARCA:MSTI)

Madison Short Term Strategic Income ETF (NYSEARCA:MSTI) announced a monthly dividend on Tuesday, January 27th. Investors of record on Wednesday, January 28th will be given a dividend of 0.0719 per share on Friday, January 30th. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date is Wednesday, January 28th.

Madison Short Term Strategic Income ETF Price Performance

Shares of NYSEARCA MSTI traded down $0.08 during midday trading on Wednesday, hitting $20.46. 203 shares of the company traded hands, compared to its average volume of 4,572. Madison Short Term Strategic Income ETF has a 12-month low of $20.28 and a 12-month high of $20.95. The stock has a 50-day moving average price of $20.60 and a 200 day moving average price of $20.64.

Madison Short Term Strategic Income ETF Company Profile

The Madison Short Term Strategic Income ETF (MSTI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to generate a high level of income by investing in a diversified portfolio of US debt securities. The fund aims to maintain an average portfolio duration of 3.5 years or less MSTI was launched on Sep 5, 2023 and is issued by Madison.