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Fixed Income

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Actively Navigating Fixed Income Markets

Madison Fixed Income and Milwaukee-based Reinhart Fixed Income bring together decades of experience to deliver a broad spectrum of actively managed bond strategies. Partnering closely with advisors and investors, our teams offer institutional-caliber investment strategies designed to align with varying risk profiles and portfolio objectives. With portfolio managers averaging more than 25 years of industry experience, our teams have navigated multiple market cycles and will continue to leverage a disciplined, research-intensive investment approach.

Philosophy

We believe fixed income should play three vital roles in a portfolio: reliable income, capital preservation, and diversification from other asset classes. We also believe the fixed income markets are inefficient and not all risks are accurately valued. That’s why, across our strategies, we emphasize active risk management, independent research, and collaborative portfolio construction – all with the goal of providing strong long-term returns while minimizing the risk of capital loss. 

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Fixed Income Team

Related Insights

Consider the investment objectives, risks, and charges and expenses of Madison Funds carefully before investing. Each fund’s prospectus contains this and other information about the fund. Call 800.877.6089 or visit madisonfunds.com to obtain a prospectus and read it carefully before investing.

In addition to the ongoing market risk applicable to portfolio securities, bonds are subject to interest rate risk, credit risk and inflation risk. When interest rates rise, bond prices fall; generally, the longer a bond’s maturity, the more sensitive it is to this risk. Credit risk is the possibility that the issuer of a security will be unable to make interest payments and repay the principal on its debt. Bonds may also be subject to call risk, which allows the issuer to retain the right to redeem the debt, fully or partially, before the scheduled maturity date. Proceeds from sales prior to maturity may be more or less than originally invested due to changes in market conditions or changes in the credit quality of the issuer.

Diversification does not assure a profit or protect against loss in a declining market.

Income from tax-exempt bonds may be subject to the federal Alternative Minimum Tax and state and municipal taxes.