Monarch Volume Factor Dividend Tree ETF (MVFD)

Assets	$75.43M
Expense Ratio	1.19%
PE Ratio	n/a
Shares Out	2.80M
Dividend (ttm)	$0.37
Dividend Yield	1.34%
Ex-Dividend Date	Sep 26, 2025
Payout Frequency	Quarterly
Payout Ratio	n/a

Volume	9,540
Open	27.30
Previous Close	27.35
Day's Range	27.03 - 27.31
52-Week Low	22.32
52-Week High	28.13
Beta	n/a
Holdings	41
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

28.67% of assets

Name	Symbol	Weight
Signet Jewelers Limited	SIG	3.09%
Sapiens International Corporation N.V.	SPNS	3.06%
Huntington Ingalls Industries, Inc.	HII	2.99%
Polaris Inc.	PII	2.91%
Steven Madden, Ltd.	SHOO	2.91%
Amkor Technology, Inc.	AMKR	2.82%
PriceSmart, Inc.	PSMT	2.75%
General Dynamics Corporation	GD	2.75%
APA Corporation	APA	2.71%
InterDigital, Inc.	IDCC	2.68%

Dividends

Ex-Dividend	Amount	Pay Date
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
Jun 27, 2024	$0.0893	Jul 2, 2024

Performance

MVFD had a total return of 4.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.89%.