AUM$47.7M
Expense Ratio0.90%
NAV$17.38
Holdings87
InceptionAug 21, 2023
Price Chart
Key Statistics
Previous Close
N/ADay Range
N/A52-Week Range
$15.61$19.14
Avg Volume
59Dividend Yield
7.63%Expense Ratio
0.90%AUM
$47.7MShares Outstanding
2.0MSector Breakdown
| Sector | Weight % |
|---|---|
| Cash & Others | 22.37% |
| Technology | 16.85% |
| Financial Services | 10.59% |
| Consumer Defensive | 9.46% |
| Energy | 8.82% |
| Consumer Cyclical | 8.78% |
| Healthcare | 7.08% |
| Communication Services | 6.00% |
| Utilities | 4.34% |
| Real Estate | 3.05% |
| Industrials | 2.64% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 71.46% |
| Other | 22.12% |
| Switzerland | 3.30% |
| Ireland | 3.13% |
Fund Information
- Issuer
- Madison Funds
- Category
- Cash & Others
- Subcategory
- Covered Call
- 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 $47.7M in assets under management. The fund charges an expense ratio of 0.90%. The fund holds 87 securities in its portfolio. It falls under the Cash & Others category.
Top 10 holdings represent 55.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | 8AMMF0JA0 | US BANK MMDA - USBGFS 9 09/01/2037 | 22.98% | 8,353,372 | $8.4M |
| 2 | AES | AES Corp/The | 4.22% | 108,000 | $1.5M |
| 3 | DHR | Danaher Corp | 3.87% | 7,200 | $1.4M |
| 4 | MSFT | Microsoft Corp | 3.68% | 3,300 | $1.3M |
| 5 | ADM | Archer-Daniels-Midland Co | 3.63% | 19,000 | $1.3M |
| 6 | MCHP | Microchip Technology Inc | 3.60% | 20,000 | $1.3M |
| 7 | ADBE | Adobe Inc | 3.33% | 4,400 | $1.2M |
| 8 | TMUS | T-Mobile US Inc | 3.25% | 5,400 | $1.2M |
| 9 | RIG | Transocean Ltd | 3.22% | 190,000 | $1.2M |
| 10 | PEP | PepsiCo Inc | 3.19% | 7,200 | $1.2M |
| 11 | A | Agilent Technologies Inc | 3.02% | 9,500 | $1.1M |
| 12 | LOW | Lowe's Cos Inc | 2.97% | 4,300 | $1.1M |
| 13 | AMT | AMERICAN TOWER CORP | 2.97% | 5,800 | $1.1M |
| 14 | V | Visa Inc | 2.94% | 3,400 | $1.1M |
| 15 | ACN | Accenture PLC | 2.94% | 5,300 | $1.1M |
Page 1 of 2
Detailed Returns
| Period | Return | ETF | Cat. Avg | vs Avg |
|---|---|---|---|---|
| 1D | N/A | — | ||
| 1W | -1.48% | — | ||
| 1M | -1.87% | — | ||
| 3M | -2.80% | — | ||
| 6M | -1.89% | — | ||
| YTD | -0.04% | — | ||
| 1Y | +2.78% | — | ||
| 3Y | -7.91% | — | ||
| 5Y | -7.91% | — |
Moving Averages
20-Day MA
$18.72
Below 20-Day MA50-Day MA
$18.73
Below 50-Day MA200-Day MA
$18.69
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$19.14
Current Price
$18.43
52-Week Low
$15.61
$15.61$19.14
Current Yield
7.63%
Annual Dividend
$1.4055
Frequency
4x/year
Last Ex-Date
Dec 26, 2025
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| 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 |
| 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 |
| Sep 26, 2023 | $0.0071 | Sep 29, 2023 |
Dividend Payments Over Time
Category Comparison
| Metric | CVRD | Cash & Others(1031 ETFs) | Covered Call(101 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.90% | 0.61% | 0.72% |
| AUM | $47.7M | $2.64B | $1.22B |
| Dividend Yield | 7.63% | 9.23% | 17.79% |
| Avg Volume | 59 | 1.9M | 449.6K |
| Holdings | 87 | 386 | 69 |
| Performance | |||
| 1-Month Return | -1.39% | -0.30% | -2.08% |
| 6-Month Return | -2.37% | -1.06% | -5.12% |
| YTD Return | +0.13% | +0.13% | -2.06% |
| 1-Year Return | +2.10% | +2.38% | +0.66% |
Compare with Another ETF
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