MAMB ETF — Monarch Ambassador Income ETF

Monarch Ambassador Income ETF (MAMB)

Updated October 16, 2026.

MAMB is an ETF. its distribution rate is 2.78%, its trailing-12-month yield is 2.78%, its expense ratio is 1.15%. Dividend Vision Distribution Safety Score™ is 97/100 (Safe). Total return is 3.1% over the past 5.6 years, 108.9 points behind SPY at 112.0%.

Monarch Ambassador Income ETF is a fixed income fund that tracks an index designed to measure broad exposure to the U.S. and global bond market, holding at least 80% of assets in a diversified mix of corporate bonds, high-yield bonds, Treasury bonds, municipal bonds, mortgage-backed securities, and convertible bonds of varying credit quality and duration. The fund carries an expense ratio of 1.15% and distributes quarterly. It offers a modest current distribution rate, making it suitable for income-focused investors seeking broad fixed income exposure across multiple bond market segments.

MAMB performance versus SPY

Price and return data through 2026-10-16.

Total return is 3.1% over the past 5.6 years, 108.9 points behind SPY at 112.0%. Over the past year its total return — price change plus distributions reinvested — is -1.5%. Its deepest 1-year drawdown was 5.8%.

MAMB key facts

Distribution Safety Score™

97 · Safe

Safety-Adjusted Yield

2.70%

Issuer

Northern Trust

Asset type

ETF

Asset class

Fixed Income

Inception date

03/23/2021

Expense ratio

1.15%

Distribution rate

2.78%

Distribution frequency

Quarterly

Trailing yield

2.78%

Last close

$23.34 (as of 2026-10-16)

AUM

$193,796,722

Average volume

4427.0

Dividend

$0.162

Ex-dividend date

09/24/2026

Payment date

09/29/2026

Beta

1.11

How Dividend Vision calculates yield and returns

Distribution rate (2.78%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.78%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Northern Trust; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MAMB risks and drawbacks

MAMB's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 5.8%.

Who may consider MAMB — and who may not

MAMB may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (MAMB pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on MAMB

• All tickers starting with M

Tagged: Fixed Income.

Frequently asked questions

More securities from Northern Trust.