Madison ETFs Trust Madison Covered Call ETFMadison ETFs Trust Madison Covered Call ETFMadison ETFs Trust Madison Covered Call ETF

Madison ETFs Trust Madison Covered Call ETF

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Key stats

Assets under management (AUM)
‪75.40 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
9.77%
Discount/Premium to NAV
0.2%

About Madison ETFs Trust Madison Covered Call ETF

Issuer
Madison Investment Holdings, Inc.
Brand
Madison
Expense ratio
0.90%
Inception date
Aug 21, 2023
Index tracked
No Underlying Index
Management style
Active
CVRD aims to achieve steady returns and high income by focusing on dividend-paying US equity securities of large- and mid-cap companies. These firms are characterized by their financial strength and reasonable pricing based on long-term earnings growth. Additionally, the fund utilizes a strategy of selling, or writing, in-the-money covered call and put options on a sizeable segment of its portfolio. This serves as a partial buffer to mitigate the negative impacts of price declines. CVRD follows the Advisers Participate and Protect philosophy, which seeks to optimize investor exposure, providing some participation during bullish markets while limiting downside in bearish ones. However, it is important to note that while this conservative strategy aims to mitigate risk, it does not guarantee specific outcomes or complete risk elimination.

Classification

Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 20, 2024
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Cash
Stocks84.90%
Technology Services13.30%
Electronic Technology11.38%
Health Technology9.85%
Finance9.26%
Consumer Services7.39%
Commercial Services6.43%
Consumer Non-Durables5.64%
Retail Trade4.54%
Transportation3.70%
Process Industries3.12%
Energy Minerals3.01%
Communications2.19%
Utilities2.10%
Industrial Services1.10%
Distribution Services0.92%
Bonds, Cash & Other15.10%
Cash11.56%
Corporate4.68%
Rights & Warrants−1.14%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows