CVRD
Madison Covered Call ETF·ARCA
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Key Stats
Assets Under Management
36.58MUSD
Fund Flows (1Y)
-16.84MUSD
Dividend Yield
7.35%
Discount/Premium to NAV
0.06%
Shares Outstanding
2.00M
Expense Ratio
0.90%
About Madison Covered Call ETF
Issuer
Madison Investment Holdings, Inc.
Brand
Madison
Inception Date
Aug 21, 2023
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Madison Asset Management LLC
Distributor
MFD Distributor LLC
CVRD aims to achieve steady returns and high income by focusing on dividend-paying US equity securities of large- and mid-cap companies. These firms are characterized by their financial strength and reasonable pricing based on long-term earnings growth. Additionally, the fund utilizes a strategy of selling, or writing, in-the-money covered call and put options on a sizeable segment of its portfolio. This serves as a partial buffer to mitigate the negative impacts of price declines. CVRD follows the Adviser's "Participate and Protect” philosophy, which seeks to optimize investor exposure, providing some participation during bullish markets while limiting downside in bearish ones. However, it is important to note that while this conservative strategy aims to mitigate risk, it does not guarantee specific outcomes or complete risk elimination.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Total Market
Niche
Broad-based
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.70% | +2.87% | +1.47% | +0.71% | -6.95% | -6.95% |
NAV Total Return | +0.71% | +5.14% | +1.27% | +8.80% | +0.09% | +0.09% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Technology
26.64%
Financial Services
11.50%
Healthcare
10.37%
Consumer Defensive
10.10%
Consumer Cyclical
9.98%
Industrials
9.29%
Energy
8.12%
Communication Services
6.01%
Utilities
4.99%
Technology
26.64%
Financial Services
11.50%
Healthcare
10.37%
Consumer Defensive
10.10%
Consumer Cyclical
9.98%
Industrials
9.29%
Energy
8.12%
Communication Services
6.01%
Utilities
4.99%
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Asset
Region
96.98%
3.02%
Category
Ratio
North America
96.98%
Europe
3.02%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
US BANK MMDA - USBGFS 9 09/01/2037
10.78%
AES
The Aes
4.75%
DHR
Danaher
4.27%
MCHP
Microchip Technology
4.20%
ASML
ASML Holding
3.82%
MSFT
Microsoft
3.71%
HON
Honeywell
3.54%
ACN
Accenture
3.50%
ADM
Archer-Daniels-Midland
3.50%
A
Agilent Technologies
3.43%
Top 10 Weight 45.5%
65 Total Holdings
Is SPY better than CVRD?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-26 | 2025-12-26 | 2025-12-30 | 0.476 |
| 2025-09-26 | 2025-09-26 | 2025-09-30 | 0.300 |
| 2025-06-26 | 2025-06-26 | 2025-06-30 | 0.300 |
| 2025-03-27 | 2025-03-27 | 2025-03-31 | 0.300 |
| 2024-12-26 | 2024-12-26 | 2024-12-27 | 0.076 |
| 2024-09-26 | 2024-09-26 | 2024-09-30 | 0.300 |
| 2024-06-26 | 2024-06-26 | 2024-06-28 | 0.822 |
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How Much Does CVRD Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy CVRD?
Fund Flows
