Although previously accepted by some historians, including the present authors, it has become obvious that the Maragtas is only the imaginary creation of Pedro A. Monteclaro, a Visayan public official and poet, in Iloilo in 1907.
Bagama’t dati nang tinatanggap ng ilang mananalaysay, kabilang ang mga kasalukuyang awtor, naging maliwanag na ang Maragtas ay likhang-isip lamang ni Pedro A. Monteclaro, isang Bisayang pinunong bayan at makata, sa Iloilo noóng 1907.