Madison Dividend Value ETF (DIVL)

Madison Dividend Value ETF (DIVL) is an exchange-traded fund in the Large Value category. It has $60.10M in assets, an expense ratio of 0.65% and a 1.78% dividend yield. The fund seeks to achieve its investment objective by investing in equity securities of companies with a market capitalization of over $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 equity securities. The fund may also invest up to 50% of its common stock allocation in foreign securities, includ…