Madison Covered Call ETF (CVRD)

Assets	$39.12M
Expense Ratio	0.92%
PE Ratio	18.08
Shares Out	2.08M
Dividend (ttm)	$1.37
Dividend Yield	7.25%
Ex-Dividend Date	Sep 26, 2025
Payout Frequency	Quarterly
Payout Ratio	131.04%

Volume	128
Open	18.92
Previous Close	18.85
Day's Range	18.92 - 18.92
52-Week Low	15.61
52-Week High	19.78
Beta	0.57
Holdings	68
Inception Date	Aug 22, 2023

About CVRD

Fund Home Page

The Madison Covered Call ETF (CVRD) is an exchange-traded fund that mostly invests in total market equity. The fund focuses on income generation by investing in US large- and mid-cap stocks that pay dividends, combined with an option writing strategy. The fund is actively managed CVRD was launched on Aug 22, 2023 and is issued by Madison.

• Asset Class: Equity
• Category: Derivative Income
• Region: North America
• Stock Exchange: NYSEARCA
• Ticker Symbol: CVRD
• ETF Provider: Madison

Top 10 Holdings

43.44% of assets

Name	Symbol	Weight
US BANK MMDA - USBGFS 9	n/a	10.58%
Danaher Corporation	DHR	4.18%
The AES Corporation	AES	3.84%
Adobe Inc.	ADBE	3.70%
Alphabet Inc.	GOOG	3.66%
Accenture plc	ACN	3.65%
Agilent Technologies, Inc.	A	3.60%
Amazon.com, Inc.	AMZN	3.51%
Lowe's Companies, Inc.	LOW	3.40%
Microchip Technology Incorporated	MCHP	3.31%

Dividends

Ex-Dividend	Amount	Pay Date
Sep 26, 2025	$0.300	Sep 30, 2025
Jun 26, 2025	$0.300	Jun 30, 2025
Mar 27, 2025	$0.300	Mar 31, 2025
Dec 26, 2024	$0.4712	Dec 27, 2024
Sep 26, 2024	$0.300	Sep 30, 2024
Jun 26, 2024	$0.82228	Jun 28, 2024

Performance

CVRD had a total return of 3.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.81%.