An actively managed U.S. domestic large-cap value equity portfolio with an emphasis on dividends.
The strategy seeks durable and profitable businesses that are attractive on at least one valuation matrix. The ideal investment is a company that trades inexpensively to its historical valuation profile and to its industry group accompanied by an emerging or transformational strategy that has the ability to change the profit trajectory of the firm. These identified emerging or transformation strategies typically have a three-year or longer expected life cycle.
| 1 | Field | Value |
|---|---|---|
| 1 | Ticker | MDLV |
| 2 | Fund Type | Active |
| 3 | CUSIP | 02072L482 |
| 4 | Exchange | Cboe |
| 5 | Inception | 2023-04-25 |
| 6 | Net Assets | $36.8 million |
| 7 | Expense Ratio | 0.66% |
| 8 | 30-Day Bid/Ask Spread | 0.1% |
| 9 | As of Date | 2026-02-03 |
| Field | Last | 1-Day Change ($) | 1-Day Change (%) |
|---|---|---|---|
| NAV | $30.16 | $0.08 | 0.26% |
| Market Price | $30.18 | $0.11 | 0.37% |
| Premium / Discount | 0.07% |
| Fund_Ticker | Type | YTD | 1 Month | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | Since Inception | As of Date |
|---|---|---|---|---|---|---|---|---|---|---|
| MDLV | MKT | 6.00 | 6.00 | 9.25 | 12.48 | 17.15 | 10.47 | 01/31/2026 | ||
| MDLV | NAV | 6.12 | 6.12 | 9.42 | 12.48 | 17.18 | 10.51 | 01/31/2026 |
| Fund_Ticker | Type | YTD | 1 Month | 3 Month | 6 Month | 1 Year | 3 Year | 5 Year | Since Inception | As of Date |
|---|---|---|---|---|---|---|---|---|---|---|
| MDLV | MKT | 13.29 | 0.17 | 2.04 | 6.77 | 13.29 | 8.44 | 12/31/2025 | ||
| MDLV | NAV | 13.46 | 0.07 | 1.97 | 6.72 | 13.46 | 8.44 | 12/31/2025 |
The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.
| Period | Days Traded at Premium | Days Traded at Discount |
|---|---|---|
| 2025 Q4 | 32 | 29 |
| 2025 Q3 | 37 | 21 |
| 2025 Q2 | 32 | 24 |
| 2025 | 129 | 104 |
| Days Traded at Premium | Days traded at Discount |
|---|---|
| 129 | 104 |
| Ex Date | Record Date | Payable Date | Income | Short Term Capital Gain | Long Term Capital Gain | Total Capital Gain | Total Distro |
|---|---|---|---|---|---|---|---|
| 06/28/2023 | 06/29/2023 | 06/30/2023 | 0.0757 | 0.0757 | |||
| 09/27/2023 | 09/28/2023 | 09/29/2023 | 0.2604 | 0.2604 | |||
| 12/20/2023 | 12/21/2023 | 12/22/2023 | 0.2293 | 0.2293 | |||
| 03/26/2024 | 03/27/2024 | 03/28/2024 | 0.1760 | 0.1760 | |||
| 06/27/2024 | 06/27/2024 | 06/28/2024 | 0.1866 | 0.1866 | |||
| 09/27/2024 | 09/27/2024 | 09/30/2024 | 0.1818 | 0.1818 | |||
| 12/30/2024 | 12/30/2024 | 12/31/2024 | 0.1734 | 0.1734 | |||
| 03/28/2025 | 03/28/2025 | 03/31/2025 | 0.2261 | 0.2261 | |||
| 06/27/2025 | 06/27/2025 | 06/30/2025 | 0.1976 | 0.1976 | |||
| 09/29/2025 | 09/29/2025 | 09/30/2025 | 0.2216 | 0.2216 | |||
| 12/23/2025 | 12/23/2025 | 12/24/2025 | 0.2054 | 0.2054 |
| Ticker | Name | CUSIP | Shares | Price (Local) | Market Value ($mm) | % of Net Assets | EFFECTIVE_DATE |
|---|---|---|---|---|---|---|---|
| T | AT&T Inc | 00206R102 | 48,573 | 26.30 | 1.28 | 3.47 | 02/03/2026 |
| CME | CME Group Inc | 12572Q105 | 3,839 | 290.77 | 1.12 | 3.03 | 02/03/2026 |
| CVX | Chevron Corp | 166764100 | 6,366 | 174.03 | 1.11 | 3.01 | 02/03/2026 |
| CSCO | Cisco Systems Inc | 17275R102 | 17,301 | 80.64 | 1.40 | 3.79 | 02/03/2026 |
| C | Citigroup Inc | 172967424 | 14,070 | 116.23 | 1.64 | 4.44 | 02/03/2026 |
| KO | Coca-Cola Co/The | 191216100 | 13,529 | 75.33 | 1.02 | 2.77 | 02/03/2026 |
| CCI | Crown Castle Inc | 22822V101 | 8,424 | 84.96 | 0.72 | 1.94 | 02/03/2026 |
| CMI | Cummins Inc | 231021106 | 2,332 | 595.13 | 1.39 | 3.77 | 02/03/2026 |
| DUK | Duke Energy Corp | 26441C204 | 6,883 | 119.49 | 0.82 | 2.24 | 02/03/2026 |
| ETR | Entergy Corp | 29364G103 | 12,491 | 95.49 | 1.19 | 3.24 | 02/03/2026 |
| ES | Eversource Energy | 30040W108 | 12,212 | 67.91 | 0.83 | 2.25 | 02/03/2026 |
| XOM | Exxon Mobil Corp | 30231G102 | 10,115 | 138.40 | 1.40 | 3.80 | 02/03/2026 |
| FGXXX | First American Government Obligations Fund 12/01/2031 | 31846V336 | 1,858,410 | 100.00 | 1.86 | 5.05 | 02/03/2026 |
| GD | General Dynamics Corp | 369550108 | 3,089 | 346.37 | 1.07 | 2.91 | 02/03/2026 |
| GIS | General Mills Inc | 370334104 | 10,793 | 45.62 | 0.49 | 1.34 | 02/03/2026 |
| IBM | International Business Machines Corp | 459200101 | 3,578 | 314.73 | 1.13 | 3.06 | 02/03/2026 |
| JNJ | Johnson & Johnson | 478160104 | 4,857 | 230.75 | 1.12 | 3.05 | 02/03/2026 |
| LMT | Lockheed Martin Corp | 539830109 | 2,031 | 636.00 | 1.29 | 3.51 | 02/03/2026 |
| MAIN | Main Street Capital Corp | 56035L104 | 12,416 | 63.42 | 0.79 | 2.14 | 02/03/2026 |
| MCD | McDonald's Corp | 580135101 | 2,579 | 318.53 | 0.82 | 2.23 | 02/03/2026 |
| MRK | Merck & Co Inc | 58933Y105 | 7,429 | 113.37 | 0.84 | 2.29 | 02/03/2026 |
| OKE | ONEOK Inc | 682680103 | 10,645 | 75.32 | 0.80 | 2.18 | 02/03/2026 |
| PBA | Pembina Pipeline Corp | 706327103 | 24,449 | 40.98 | 1.00 | 2.72 | 02/03/2026 |
| PEP | PepsiCo Inc | 713448108 | 3,577 | 155.20 | 0.56 | 1.51 | 02/03/2026 |
| PM | Philip Morris International Inc | 718172109 | 5,115 | 179.94 | 0.92 | 2.50 | 02/03/2026 |
| PRU | Prudential Financial Inc | 744320102 | 7,753 | 111.72 | 0.87 | 2.35 | 02/03/2026 |
| RIO | Rio Tinto PLC | 767204100 | 9,193 | 92.52 | 0.85 | 2.31 | 02/03/2026 |
| BIL | State Street SPDR Bloomberg 1-3 Month T-Bill ETF | 78468R663 | 9,487 | 91.39 | 0.87 | 2.36 | 02/03/2026 |
| SO | Southern Co/The | 842587107 | 8,638 | 88.19 | 0.76 | 2.07 | 02/03/2026 |
| SBUX | Starbucks Corp | 855244109 | 5,626 | 91.69 | 0.52 | 1.40 | 02/03/2026 |
| UNP | Union Pacific Corp | 907818108 | 2,289 | 235.23 | 0.54 | 1.46 | 02/03/2026 |
| UPS | United Parcel Service Inc | 911312106 | 8,580 | 110.27 | 0.95 | 2.57 | 02/03/2026 |
| VZ | Verizon Communications Inc | 92343V104 | 20,406 | 44.61 | 0.91 | 2.47 | 02/03/2026 |
| VOYA | Voya Financial Inc | 929089100 | 6,954 | 77.45 | 0.54 | 1.46 | 02/03/2026 |
| WEC | WEC Energy Group Inc | 92939U106 | 10,715 | 109.84 | 1.18 | 3.20 | 02/03/2026 |
| WFC | Wells Fargo & Co | 949746101 | 12,669 | 92.27 | 1.17 | 3.18 | 02/03/2026 |
| Cash&Other | Cash & Other | 15,322 | 1.00 | 0.02 | 0.04 | 02/03/2026 | |
| MDT | Medtronic PLC | G5960L103 | 10,251 | 102.71 | 1.05 | 2.86 | 02/03/2026 |