AUM $30.6MER 0.92%NAV $18.51Holdings 87Inception Aug 2023
Price Chart
Key Statistics
Previous Close
$18.82Day Range
N/A52-Week Range
$17.56$19.07
Avg Volume
133Dividend Yield
7.63%Expense Ratio
0.92%AUM
$30.6MShares Outstanding
1.7METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Technology | 22.35% |
| Financial Services | 17.36% |
| Consumer Cyclical | 11.43% |
| Communication Services | 10.50% |
| Energy | 8.77% |
| Healthcare | 8.69% |
| Consumer Defensive | 7.03% |
| Real Estate | 4.05% |
| Basic Materials | 3.76% |
| Industrials | 3.10% |
| Utilities | 2.95% |
| Cash & Others | 0.01% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 73.32% |
| Other | 19.79% |
| Switzerland | 3.64% |
| Ireland | 3.26% |
Fund Information
- Issuer
- Madison Funds
- Category
- Technology
- Inception Date
- Aug 21, 2023
- Exchange
- NYSE_ARCA
- Description
- The Covered Call ETF seeks to provide consistent total return and, secondarily, to produce a high level of income and gains from option premiums and dividends. To pursue this objective, the ETF first invests in common stocks of large and midcap companies that we believe are selling at a reasonable price in relation to their long-term growth rate. Then, under normal market conditions, the ETF writes (sells) covered call options on a substantial portion of its portfolio securities
Similar ETFs
The Madison Covered Call ETF (CVRD) is an exchange-traded fund issued by Madison Funds that launched on Aug 21, 2023. It currently manages $30.6M in assets under management. The fund charges an expense ratio of 0.92%. The fund holds 87 securities in its portfolio. It falls under the Technology category.
Top 10 holdings represent 46.9% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | 8AMMF0JA0 | US BANK MMDA - USBGFS 9 09/01/2037 | 12.44% | 3,809,957 | $3.8M |
| 2 | DHR | Danaher Corp | 4.71% | 7,200 | $1.4M |
| 3 | AMZN | Amazon.com Inc | 4.44% | 5,400 | $1.4M |
| 4 | V | Visa Inc | 4.08% | 3,400 | $1.2M |
| 5 | MTDR | Matador Resources Co | 3.82% | 19,000 | $1.2M |
| 6 | RIG | Transocean Ltd | 3.58% | 190,000 | $1.1M |
| 7 | ADBE | Adobe Inc | 3.57% | 4,400 | $1.1M |
| 8 | AVGO | Broadcom Inc | 3.53% | 3,000 | $1.1M |
| 9 | BLK | Blackrock Inc | 3.47% | 1,000 | $1.1M |
| 10 | AMT | AMERICAN TOWER CORP | 3.28% | 5,800 | $1.0M |
| 11 | PEP | PepsiCo Inc | 3.21% | 7,200 | $984K |
| 12 | META | Meta Platforms Inc | 3.16% | 1,500 | $967K |
| 13 | MRSH | Marsh & McLennan Cos Inc | 3.13% | 5,400 | $957K |
| 14 | TMUS | T-Mobile US Inc | 3.12% | 5,400 | $957K |
| 15 | NEM | Newmont Corp | 3.09% | 7,500 | $946K |
Page 1 of 2
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | — | |
| 1W | -0.77% | |
| 1M | -1.00% | |
| 3M | +1.14% | |
| 6M | +2.18% | |
| YTD | +1.26% | |
| 1Y | -0.86% | |
| 3Y | -7.95% | |
| 5Y | -6.72% |
Moving Averages
20-Day MA
$18.83
Above 20-Day MA50-Day MA
$18.44
Above 50-Day MA200-Day MA
$18.51
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$19.07
Current Price
$18.91
52-Week Low
$17.56
$17.56$19.07
Current Yield
7.63%
Annual Dividend
$1.4055
Frequency
Quarterlyx/year
Last Ex-Date
Mar 27, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Mar 27, 2026 | $0.3000 | Mar 31, 2026 |
| Dec 26, 2025 | $0.5055 | Dec 30, 2025 |
| Sep 26, 2025 | $0.3000 | Sep 29, 2025 |
| Jun 26, 2025 | $0.3000 | Jun 30, 2025 |
| Mar 27, 2025 | $0.3000 | Mar 31, 2025 |
| Dec 26, 2024 | $0.4712 | Dec 27, 2024 |
| Dec 26, 2024 | $0.4712 | Dec 27, 2024 |
| Sep 26, 2024 | $0.3000 | Sep 30, 2024 |
| Jun 26, 2024 | $0.8223 | Jun 28, 2024 |
| Mar 26, 2024 | $1.3535 | Mar 28, 2024 |
| Dec 26, 2023 | $0.3042 | Dec 29, 2023 |
| Dec 26, 2023 | $0.3042 | Dec 29, 2023 |
| Sep 26, 2023 | $0.0071 | Sep 29, 2023 |
Dividend Payments Over Time
Category Comparison
| Metric | CVRD | Technology(1660 ETFs) | Covered Call(103 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.92% | 0.61% | 0.72% |
| AUM | $30.6M | $6.83B | $1.39B |
| Dividend Yield | 7.63% | 2.94% | 16.09% |
| Avg Volume | 133 | 432.5K | 262.0K |
| Holdings | 87 | 198 | 67 |
| Performance | |||
| 1-Month Return | -1.01% | -0.32% | -1.05% |
| 6-Month Return | +0.45% | +8.18% | -0.69% |
| YTD Return | +1.43% | +13.83% | -2.24% |
| 1-Year Return | -0.98% | +27.29% | -3.61% |
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