Monarch Volume Factor Dividend Tree ETF (MVFD)

Assets	$76.81M
Expense Ratio	1.19%
PE Ratio	n/a
Shares Out	2.79M
Dividend (ttm)	$0.40
Dividend Yield	1.46%
Ex-Dividend Date	Jun 27, 2025
Payout Frequency	Quarterly
Payout Ratio	n/a

Volume	902
Open	27.17
Previous Close	27.11
Day's Range	27.14 - 27.22
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

31.54% of assets

Name	Symbol	Weight
Winmark Corporation	WINA	4.05%
CVS Health Corporation	CVS	3.60%
Humana Inc.	HUM	3.38%
California Resources Corporation	CRC	3.20%
APA Corporation	APA	3.02%
nVent Electric plc	NVT	3.00%
Federal Agricultural Mortgage Corporation	AGM	2.88%
SpartanNash Company	SPTN	2.82%
Applied Industrial Technologies, Inc.	AIT	2.81%
Korn Ferry	KFY	2.77%

Dividends

Ex-Dividend	Amount	Pay Date
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
Mar 27, 2024	$0.0294	Apr 2, 2024

Performance

MVFD had a total return of 7.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.20%.