CVRD – Madison Covered Call ETF – ETF Stock Quote | Morningstar

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Will CVRD outperform in future?

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

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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 Jul 31, 2024 Published on Jul 31, 2024

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Current Portfolio Date Sep 25, 2024
Equity Holdings —
Bond Holdings —
Other Holdings —
% Assets in Top 10 Holdings 31.4

Top 10 Holdings	% Portfolio Weight	Market Value USD	Sector
US BANK MMDA - USBGFS 9	32.47	24.1 Mil	Cash and Equivalents
Las Vegas Sands Corp	4.09	3.0 Mil	Consumer Cyclical
Danaher Corp	3.83	2.8 Mil	Healthcare
Cisco Systems Inc	3.31	2.5 Mil	Technology
CME Group Inc Class A	3.28	2.4 Mil	Financial Services
Adobe Inc	3.07	2.3 Mil	Technology
Amazon.com Inc	2.85	2.1 Mil	Consumer Cyclical
Constellation Brands Inc Class A	2.82	2.1 Mil	Consumer Defensive
The AES Corp	2.82	2.1 Mil	Utilities
Ciena Corp	2.72	2.0 Mil	Technology

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