MIIBX Performance — Madison High Quality Bond Fund, Class Y
Data updated: 2026-09-17
MIIBX returned −0.25% year to date and +2.19% over one year to Jul 2026. Annualised returns are +3.92% over 3 years and +0.84% over 5 years. The fund trailed its Short-Term Government Bond category average: $100 invested three years ago grew to $112, against $114 for the category, and to $102 over one year, against $103. Volatility over the past three years was 3.03% a year. In the 12 months to Jul 2026 the fund took in a net $3.0M, and assets reached $61.79M.
MIIBX Growth of $100
What $100 invested in Madison High Quality Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Government Bond category average over the same months.
| Period | MIIBX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $102 | $103 |
| 3 years (Aug 2023 – Jul 2026) | $112 | $114 |
| 5 years (Aug 2021 – Jul 2026) | $104 | $110 |
| Since data start (Aug 2019 – Jul 2026) | $110 | $118 |
MIIBX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.25% |
| 1 year | +2.19% |
| 3 years (annualised) | +3.92% |
| 5 years (annualised) | +0.84% |
MIIBX Annual Returns
Calendar-year total returns of Madison High Quality Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −0.25% |
| 2025 | +6.21% |
| 2024 | +2.75% |
| 2023 | +4.55% |
| 2022 | −7.13% |
| 2021 | −1.75% |
| 2020 | +4.52% |
| 2019 (Aug–Dec) | +1.22% |
MIIBX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.1% | +1.0% | −1.1% | +0.2% | 0.0% | +0.1% | −0.6% | — | — | — | — | — |
| 2025 | +0.5% | +1.2% | +0.5% | +1.0% | −0.3% | +0.9% | −0.2% | +1.1% | +0.3% | +0.3% | +0.7% | 0.0% |
| 2024 | +0.2% | −1.0% | +0.6% | −1.2% | +1.0% | +0.9% | +1.5% | +1.4% | +0.9% | −1.4% | +0.6% | −0.6% |
| 2023 | +1.3% | −1.4% | +1.8% | +0.5% | −0.6% | −0.6% | +0.4% | +0.1% | −0.9% | −0.3% | +2.2% | +2.0% |
| 2022 | −1.2% | −0.5% | −2.2% | −1.8% | +0.8% | −0.9% | +1.3% | −1.6% | −2.4% | −0.4% | +1.6% | +0.1% |
| 2021 | −0.3% | −0.9% | −0.4% | +0.4% | +0.3% | 0.0% | +0.5% | −0.1% | −0.6% | −0.4% | −0.1% | −0.1% |
| 2020 | +1.0% | +1.0% | +0.7% | +0.7% | +0.5% | +0.1% | +0.4% | −0.2% | 0.0% | −0.2% | +0.2% | +0.1% |
| 2019 | — | — | — | — | — | — | — | +1.3% | −0.2% | +0.3% | −0.1% | 0.0% |
MIIBX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 3.03%
- 3-year Sharpe ratio: -0.19 (vs 4.5% risk-free rate)
- Best month: +2.20% (Nov 2023)
- Worst month: −1.42% (Oct 2024)
MIIBX Fund Flows
Monthly money in and out of Madison High Quality Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $3.0M
- 12-month gross sales (incl. reinvestments): $11.0M
- Sales ÷ redemptions: 1.37×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $1.2M | $880K | $322K |
| Jun 2026 | $264K | $770K | −$505K |
| May 2026 | $350K | $444K | −$94K |
| Apr 2026 | $801K | $980K | −$179K |
| Mar 2026 | $786K | $357K | $429K |
| Feb 2026 | $1.4M | $389K | $1.0M |
| Jan 2026 | $1.6M | $576K | $976K |
| Dec 2025 | $1.5M | $628K | $921K |
| Nov 2025 | $244K | $417K | −$172K |
| Oct 2025 | $2.3M | $484K | $1.8M |
| Sep 2025 | $370K | $1.5M | −$1.1M |
| Aug 2025 | $163K | $599K | −$436K |
MIIBX Assets Under Management
Net assets of Madison High Quality Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $61.79M |
| 2026-04-30 | $62.86M |
| 2026-01-31 | $62.12M |
| 2025-10-31 | $60.44M |
| 2025-07-31 | $59.64M |
| 2025-04-30 | $57.94M |
| 2025-01-31 | $53.14M |
| 2024-10-31 | $61.58M |
| 2024-07-31 | $60.44M |
| 2024-04-30 | $60.72M |
| 2024-01-31 | $63.38M |
| 2023-10-31 | $53.58M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.