Good short range big game cartridge. A little light for elk, although my son killed his first elk with a model 94 .30-30.
With 20 inch barrel, most factory rounds will make 2400 FPS for 150 grainers, and 2200 for 170 grainers.
I consider it a 125 yard maximum cartridge, even with the new Hornady ammo. Some folks say they can stretch it out farther than that, but I personally wouldn't be comfortable doing so.