Madison Covered Call ETF (CVRD)
18.43
-0.10
(-0.53%)
USD |
NYSEARCA |
Dec 31, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.92% | 0.07% | 36.01M | 4918.10 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 1.83% | 82.00% | -22.72M | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide consistent total return and secondarily, to produce a high level of income and gains. It will seek to achieve its objectives by investing in common stocks of equity securities that pay dividends and writing covered call options on a substantial portion of its portfolio of securities. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Multi Cap Value |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Relative Value |
| Peer Group | Options Arbitrage/Opt Strategies Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Equity Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Options Arbitrage/Opt Strategies Funds |
| Fund Owner Firm Name | Madison Funds |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of January 01, 2026.
Asset Allocation
As of November 30, 2025.
| Type | % Net |
|---|---|
| Cash | 10.76% |
| Stock | 91.11% |
| Bond | 0.00% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -1.86% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide consistent total return and secondarily, to produce a high level of income and gains. It will seek to achieve its objectives by investing in common stocks of equity securities that pay dividends and writing covered call options on a substantial portion of its portfolio of securities. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Multi Cap Value |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Relative Value |
| Peer Group | Options Arbitrage/Opt Strategies Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Equity Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Options Arbitrage/Opt Strategies Funds |
| Fund Owner Firm Name | Madison Funds |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |