Madison Dividend Value ETF (DIVL)

Assets	$62.12M
Expense Ratio	0.65%
PE Ratio	22.47
Shares Out	2.68M
Dividend (ttm)	$0.41
Dividend Yield	1.78%
Ex-Dividend Date	Dec 26, 2025
Payout Frequency	Monthly
Payout Ratio	39.98%

Volume	169
Open	23.17
Previous Close	23.23
Day's Range	23.17 - 23.17
52-Week Low	19.43
52-Week High	23.42
Beta	0.68
Holdings	39
Inception Date	Aug 14, 2023

About DIVL

Fund Home Page

The Madison Dividend Value ETF (DIVL) is an exchange-traded fund that mostly invests in total market equity. The fund uses an active approach to invest in stocks from around the globe. The fund seeks current income and capital appreciation by targeting stocks with favorable dividend yields that appear undervalued. DIVL was launched on Aug 14, 2023 and is issued by Madison.

• Asset Class: Equity
• Category: Large Value
• Region: Global
• Stock Exchange: NYSEARCA
• Ticker Symbol: DIVL
• ETF Provider: Madison

Top 10 Holdings

39.36% of assets

Name	Symbol	Weight
Johnson & Johnson	JNJ	4.69%
Bank of America Corporation	BAC	4.54%
Chevron Corporation	CVX	4.03%
Exxon Mobil Corporation	XOM	4.03%
NextEra Energy, Inc.	NEE	3.96%
CME Group Inc.	CME	3.82%
Morgan Stanley	MS	3.77%
BlackRock, Inc.	BLK	3.74%
Honeywell International Inc.	HON	3.39%
AbbVie Inc.	ABBV	3.39%

Dividends

Ex-Dividend	Amount	Pay Date
Dec 26, 2025	$0.06024	Dec 30, 2025
Nov 26, 2025	$0.0404	Nov 28, 2025
Oct 29, 2025	$0.02297	Oct 31, 2025
Sep 26, 2025	$0.04308	Sep 30, 2025
Aug 27, 2025	$0.03042	Aug 29, 2025
Jul 29, 2025	$0.02259	Jul 31, 2025

Performance

DIVL had a total return of 9.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.80%.