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About Madison Dividend Value ETF
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Inception date
Aug 15, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Madison Asset Management LLC
Distributor
MFD Distributor LLC
ISIN
US5574415080
DIVL is an active take on the global, dividend-paying equity market. Specifically selecting those with above-market dividend yield and growth potential. The funds adviser uses a relative dividend yield strategy, which compares the stock's dividend yield versus a broad market index. To be eligible, securities must trade near or within their five-year highest historical dividend yield range relative to the S&P 500 Index (SPX). Generally, 50% of the stocks selected are rated above A- by S&P. The high-conviction portfolio concentrates on 30 to 60 companies with strong balance sheets and a dividend yield of at least 10% above the SPX. Although the fund is equity-focused, it is actively managed and may invest up to 20% of its assets in preferred stocks and investment grade, fixed-income securities. Exposure to foreign securities is capped at 50%.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Health Technology
Stocks99.28%
Finance24.39%
Electronic Technology12.17%
Health Technology11.24%
Energy Minerals9.37%
Retail Trade7.12%
Producer Manufacturing6.53%
Distribution Services5.62%
Process Industries4.23%
Technology Services3.86%
Consumer Non-Durables3.71%
Utilities3.38%
Non-Energy Minerals2.90%
Transportation2.47%
Health Services2.28%
Bonds, Cash & Other0.72%
Cash0.72%
Stock breakdown by region
North America93.35%
Europe6.65%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DIVL invests in stocks. The fund's major sectors are Finance, with 24.39% stocks, and Electronic Technology, with 12.17% of the basket. The assets are mostly located in the North America region.
DIVL top holdings are Morgan Stanley and BlackRock, Inc., occupying 4.30% and 4.11% of the portfolio correspondingly.
DIVL last dividends amounted to 0.03 USD. The month before, the issuer paid 0.02 USD in dividends, which shows a 25.74% increase.
DIVL assets under management is 60.55 M USD. It's risen 1.68% over the last month.
DIVL fund flows account for −486.09 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DIVL pays dividends to its holders with the dividend yield of 1.91%. The last dividend (Aug 29, 2025) amounted to 0.03 USD. The dividends are paid monthly.
DIVL shares are issued by Madison Investment Holdings, Inc. under the brand Madison. The ETF was launched on Aug 15, 2023, and its management style is Active.
DIVL expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
DIVL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DIVL invests in stocks.
DIVL price has risen by 1.50% over the last month, and its yearly performance shows a 7.78% increase. See more dynamics on DIVL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.71% over the last month, showed a 4.69% increase in three-month performance and has increased by 11.45% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.71% over the last month, showed a 4.69% increase in three-month performance and has increased by 11.45% in a year.
DIVL trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.