- What does MDLV invest in?
- The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in dividend paying companies that the fund’s sub-adviser, Morgan Dempsey Capital Management, LLC (the “Sub-Adviser”), believes are attractively valued. Under normal circumstances, the fund will invest at least 80% of its net assets in equity securities of large cap companies, which it defines as companies larger than $25 billion in market capitalization.
- What is the expense ratio of MDLV?
- Morgan Dempsey Large Cap Value ETF (MDLV) charges an expense ratio of 0.66%. 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 $32.4M 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 0.66%) 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.
