Madison Dividend Value ETF (DIVL)

Assets	$60.31M
Expense Ratio	0.65%
PE Ratio	21.38
Shares Out	2.65M
Dividend (ttm)	$0.44
Dividend Yield	1.91%
Ex-Dividend Date	Sep 26, 2025
Payout Frequency	Monthly
Payout Ratio	40.93%

Volume	619
Open	22.92
Previous Close	22.89
Day's Range	22.88 - 22.92
52-Week Low	19.43
52-Week High	23.27
Beta	0.70
Holdings	38
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

40.15% of assets

Name	Symbol	Weight
Morgan Stanley	MS	4.59%
TE Connectivity plc	TEL	4.51%
Johnson & Johnson	JNJ	4.41%
Bank of America Corporation	BAC	4.24%
BlackRock, Inc.	BLK	4.18%
NextEra Energy, Inc.	NEE	4.02%
CME Group Inc.	CME	3.77%
The Home Depot, Inc.	HD	3.54%
Chevron Corporation	CVX	3.47%
AbbVie Inc.	ABBV	3.41%

Dividends

Ex-Dividend	Amount	Pay Date
Sep 26, 2025	$0.04308	Sep 30, 2025
Aug 27, 2025	$0.03042	Aug 29, 2025
Jul 29, 2025	$0.02259	Jul 31, 2025
Jun 26, 2025	$0.04325	Jun 30, 2025
May 28, 2025	$0.0295	May 30, 2025
Apr 28, 2025	$0.0404	Apr 30, 2025

Performance

DIVL had a total return of 5.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.80%.