# Madison Covered Call ETF (CVRD) — Overview

CVRD · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/cvrd

## Price

Last close $18.50 on Oct 15, 2026. 52-week range $17.56 – $19.07.

## Fund profile

CVRD focuses on income generation by investing in US large- and mid-cap stocks that pay dividends, combined with an option writing strategy. The fund is actively managed.

| Metric | Value |
| --- | --- |
| Issuer | Madison Investment Holdings, Inc. |
| Industry | — |
| Inception | Aug 21, 2023 |
| Assets under management | $30.7M |
| Expense ratio | 0.92% |
| Net asset value | $18.55 (as of Oct 15, 2026) |
| Distributions | Quarterly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Madison Covered Call ETF (CVRD)?

CVRD focuses on income generation by investing in US large- and mid-cap stocks that pay dividends, combined with an option writing strategy. The fund is actively managed.

### What is CVRD's expense ratio?

Madison Covered Call ETF charges an annual expense ratio of 0.92%. The fund is issued by Madison Investment Holdings, Inc..

### How large is CVRD?

Madison Covered Call ETF manages $30.7M in assets and has traded since Aug 21, 2023.

### How do I buy shares of Madison Covered Call ETF (CVRD)?

CVRD trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).