Family: | Madison Funds |
Name: | Madison Covered Call ETF |
Inception Date: | 22-Aug-2023 |
Termination Date: | |
Investment Objective: | The Covered Call ETF seeks to provide consistent total return and, secondarily, to produce a high level of income and gains from option premiums and dividends. To pursue this objective, the ETF first invests in common stocks of large and midcap companies that we believe are selling at a reasonable price in relation to their long-term growth rate. Then, under normal market conditions, the ETF writes (sells) covered call options on a substantial portion of its portfolio securities. |
Prospectus | |
Top 10 Holdings | ||
Cash & Other | 11.1500% | |
Las Vegas Sands Corp | LVS | 4.6500% |
Medtronic PLC | MDT | 4.1400% |
Adobe Inc | ADBE | 3.5100% |
Accenture PLC | ACN | 3.5000% |
PayPal Holdings Inc | PYPL | 3.3700% |
Comcast Corp | CMCSA | 3.2900% |
Microsoft Corp | MSFT | 3.2100% |
Constellation Brands Inc | STZ | 3.0300% |
ASML Holding NV | ASML | 2.9800% |
Top 10 Holdings Weight: | 42.8% |
Number of Holdings: | 75 |
Shares Outstanding: | 2,705,000 |
Total Net Assets: | 49,072,490 |
NAV: | 18.13 |
Net Expense Ratio: | 0.90% |
Asset Class: | Equities (Stocks) |
Developed or Emerging: | Developed Market Funds |
Country: | US |
Region: | |
Strategy: | Covered Call Strategy |
Currency: | |
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Maturity Duration: | |
Market Cap: | Large & Mid Cap |
Credit Quality: | |
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Is Currency Hedged: | No |
US or Ex-US: | Domestic |