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Madison Covered Call ETF CVRD

Morningstar Medalist Rating
Medalist Rating as of | See Madison Investment Investment Hub

Morningstar’s Analysis CVRD

Will CVRD outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CVRD’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CVRD management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CVRD’s parent organization’s priorities and whether they’re in line with investors’ interests.

Madison Covered Call ETF's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings CVRD

More CVRD Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 30.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

US BANK MMDA - USBGFS 9

4.56 3.4 Mil
Cash and Equivalents

Danaher Corp

3.67 2.7 Mil
Healthcare

Las Vegas Sands Corp

3.26 2.4 Mil
Consumer Cyclical

Texas Instruments Inc

3.21 2.4 Mil
Technology

CME Group Inc Class A

3.15 2.4 Mil
Financial Services

Cisco Systems Inc

3.04 2.3 Mil
Technology

Lowe's Companies Inc

2.94 2.2 Mil
Consumer Cyclical

Constellation Brands Inc Class A

2.81 2.1 Mil
Consumer Defensive

Adobe Inc

2.80 2.1 Mil
Technology

Microchip Technology Inc

2.78 2.1 Mil
Technology