Monarch Volume Factor Dividend Tree ETF (MVFD)

Assets	$83.43M
Expense Ratio	1.19%
PE Ratio	n/a
Shares Out	2.90M
Dividend (ttm)	$0.38
Dividend Yield	1.31%
Ex-Dividend Date	Dec 18, 2025
Payout Frequency	Quarterly
Payout Ratio	n/a

Volume	6,524
Open	28.84
Previous Close	28.79
Day's Range	28.77 - 28.91
52-Week Low	22.32
52-Week High	29.68
Beta	n/a
Holdings	40
Inception Date	Mar 6, 2024

About MVFD

Fund Home Page

The Monarch Volume Factor Dividend Tree ETF (MVFD) is an exchange-traded fund that is based on the Monarch Volume Factor Dividend Tree index. The fund tracks an equal-weighted index comprised of US equities that are exhibiting positive cash flow and dividend-paying capabilities. The fund can toggle to short-term US Treasury securities when cash flow trend is negative. MVFD was launched on Mar 6, 2024 and is issued by Monarch.

• Asset Class: Asset Allocation
• Category: Moderate Allocation
• Region: North America
• Stock Exchange: BATS
• Ticker Symbol: MVFD
• ETF Provider: Monarch
• Index Tracked: Monarch Volume Factor Dividend Tree Index

Top 10 Holdings

30.82% of assets

Name	Symbol	Weight
Huntington Ingalls Industries, Inc.	HII	3.62%
Amkor Technology, Inc.	AMKR	3.50%
Steven Madden, Ltd.	SHOO	3.47%
Flowserve Corporation	FLS	2.96%
Stifel Financial Corp.	SF	2.94%
OneMain Holdings, Inc.	OMF	2.90%
FedEx Corporation	FDX	2.90%
Macy's, Inc.	M	2.86%
APA Corporation	APA	2.85%
Polaris Inc.	PII	2.82%

Dividends

Ex-Dividend	Amount	Pay Date
Dec 18, 2025	$0.1116	Dec 23, 2025
Sep 26, 2025	$0.1083	Oct 1, 2025
Jun 27, 2025	$0.0902	Jul 2, 2025
Mar 27, 2025	$0.0665	Apr 1, 2025
Dec 19, 2024	$0.1001	Dec 24, 2024
Sep 26, 2024	$0.140	Oct 1, 2024

Performance

MVFD had a total return of 12.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.00%.