Madison Dividend Value ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Mar 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About DIVL
TheFund seeks to achieve its investment objective by investing in equity securities of companies with a market capitalization ofover $1 billion and a history of paying dividends, with the ability to increase dividends over time. Under normal market conditions,the Fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in dividend paying equitysecurities. TheFund’s investment advisor, Madison Asset Management, LLC (“Madison” or the “Advisor”),will identify investment opportunities by screening for companies that generally have the following characteristics: ● A dividend yield of at least 110% of the market dividend yield. For this purpose, the “market dividend yield” consists of the dividend yield of the companies in the S&P 500® Index; ● A strong balance sheet; ● A dividend history that has been maintained and which is likely to increase; and ● Trade near or within the highest quartile (25%) of the company’s historical dividend yield relative to the S&P 500® Index, due to issues which Madison views as temporary. Relative dividend yield is defined as a stock’s dividend yield divided by the S&P 500 dividend yield. The Advisor compares a company’s current relative dividend yield to the relative yield over its prior historical range up to 20 years. When a stock is trading near or within the highest quartile of its historical relative yield range, it is eligible for purchase in the Fund. TheFund may invest up to 50% of its net assets in equity securities rated below A- by Standard & Poor’s. The Fund expectsto be fully invested in equity securities but will maintain the flexibility to hold up to 20% of the Fund’s net assets inpreferred stocks and investment grade fixed income securities when warranted in Madison’s discretion. TheFund may also invest up to 50% of its common stock allocation in foreign securities, including American Depositary Receipts (ADRs)and emerging market securities. To the extent invested in common stocks, the Fund generally invests in 30-60 companies at anygiven time. This reflects Madison’s belief that the Fund should be invested in Madison’s top investment ideas, andthat focusing on Madison’s highest conviction investment ideas is the best way to achieve the Fund’s investment objective. TidalInvestments LLC (“Tidal” or the “Subadvisor”) provides advisory services to the Fund by, among other things,trading portfolio securities and performing related services, providing tax optimization services and assists in basket creation,reporting and monitoring, portfolio compliance monitoring and reporting.
DIVL News
- Understanding the Setup: (DIVL) and Scalable Risk
- Short Interest in Madison Dividend Value ETF (NYSEARCA:DIVL) Decreases By 97.0%
- The Technical Signals Behind (DIVL) That Institutions Follow
- Precision Trading with Madison Dividend Value Etf (DIVL) Risk Zones
- Precision Trading with Madison Dividend Value Etf (DIVL) Risk Zones
- Technical Reactions to DIVL Trends in Macro Strategies
- Trading the Move, Not the Narrative: (DIVL) Edition
Data for DIVL is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.