Morgan Dempsey Large Cap Value ETF

Frequently Asked Questions About MDLV

What does MDLV invest in?

This actively managed exchange-traded fund (ETF) aims to achieve its investment goals by investing in dividend-distributing companies that its sub-adviser, Morgan Dempsey Capital Management, LLC, deems to be attractively valued. Normally, at least 80% of the fund's net assets will be allocated to equity securities of large-capitalization companies, specifically defined as firms with a market capitalization exceeding $25 billion.

What is the expense ratio of MDLV?

Morgan Dempsey Large Cap Value ETF (MDLV) charges an expense ratio of 0.58%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MDLV?

Morgan Dempsey Large Cap Value ETF (MDLV) manages $47.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is MDLV actively managed or an index fund?

MDLV is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MDLV's is 0.58%) in exchange for the discretion to over- or under-weight positions.

When was MDLV launched?

Morgan Dempsey Large Cap Value ETF (MDLV) launched in April 2023 and is managed by Morgan Dempsey.

How has MDLV performed?

MDLV's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.