# EDGAR Filing Document

**Accession Number:** 0001976877
**File Stem:** 0000894189-26-004211
**Filing Date:** 2026-2
**Character Count:** 23222
**Document Hash:** 89a991d1de9cea10938edfe7c8f5a783
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-004211.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0000894189-26-004211

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260224

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Madison ETFs Trust
- **CENTRAL INDEX KEY:** 0001976877

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** WI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23875
- **FILM NUMBER:** 26668974

**BUSINESS ADDRESS:**
- **STREET 1:** 550 SCIENCE DRIVE
- **CITY:** MADISON
- **STATE:** WI
- **ZIP:** 53711
- **BUSINESS PHONE:** 800-767-0300

**MAIL ADDRESS:**
- **STREET 1:** 550 SCIENCE DRIVE
- **CITY:** MADISON
- **STATE:** WI
- **ZIP:** 53711

## Series and Classes Contracts Data

### Madison Covered Call ETF (Series ID: S000081094)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000243765 | Madison Covered Call ETF | CVRD            |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Madison ETFs Trust

- **b. Investment Company Act file number:** 811-23875

- **c. CIK number of Registrant:** 0001976877

- **d. LEI of Registrant:** 5493000I8Q6MKWCG2407

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 550 SCIENCE DRIVE

  - **City:** Madison

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53711

  - **Telephone number:** 800-767-0300

**Item A.2. Information about the Series.**

- **a. Name of Series:** Madison Covered Call ETF

- **b. EDGAR series identifier (if any):** S000081094

- **c. LEI of Series:** 5493000IABPYPS2KRC89

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $36563318.45

**Total Liabilities:** $557134.82

**Net Assets:** $36006183.63

**Cash Not Reported:** $30600.61

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000243765 | -0.65%               | 0.78%                | 1.78%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-87935.62               | $-555036.05                                |
| Month 2  | $160890.39               | $29113.45                                  |
| Month 3  | $306598.19               | $-202620.38                                |

**Designated Index Information**

- **Index Name:** Fund's Securities Portfolio

- **Index Identifier:** Y7FG02MDEF

### Schedule of Portfolio Investments

| Name                        | Title                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AES Corp/The                | AES Corp/The                | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |    108000 | NS      | $1548720.00   | 4.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                   | Adobe Inc                   | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      4400 | NS      | $1539956.00   | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc    | Agilent Technologies Inc    | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |      9500 | NS      | $1292665.00   | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc              | Amazon.com Inc              | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      6000 | NS      | $1384920.00   | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp         | American Tower Corp         | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      5800 | NS      | $1018306.00   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co   | Archer-Daniels-Midland Co   | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     19000 | NS      | $1092310.00   | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc               | Blackrock Inc               | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      1000 | NS      | $1070340.00   | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                | Comcast Corp                | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     30300 | NS      | $905667.00    | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips              | ConocoPhillips              | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      8000 | NS      | $748880.00    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands Inc    | Constellation Brands Inc    | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |      5800 | NS      | $800168.00    | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                | Danaher Corp                | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      7200 | NS      | $1648224.00   | 4.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                  | Fiserv Inc                  | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |      9400 | NS      | $631398.00    | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc | Honeywell International Inc | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      5600 | NS      | $1092504.00   | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc    | Marsh & McLennan Cos Inc    | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |      5400 | NS      | $1001808.00   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co        | Matador Resources Co        | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     19000 | NS      | $806360.00    | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp              | Microsoft Corp              | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      3300 | NS      | $1595946.00   | 4.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc    | Microchip Technology Inc    | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     20000 | NS      | $1274400.00   | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley              | Morgan Stanley              | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      6300 | NS      | $1118439.00   | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                         | Agilent Technologies Inc    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -95 | NC      | $-22562.50    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Accenture PLC               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -53 | NC      | $-662.50      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Adobe Inc                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -44 | NC      | $-29700.00    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | AES Corp/The                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -371 | NC      | $-927.50      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | American Tower Corp         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -58 | NC      | $-2175.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Amazon.com Inc              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -60 | NC      | $-32400.00    | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | ASML Holding NV             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -10 | NC      | $-52450.00    | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Blackrock Inc               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -10 | NC      | $-750.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Accenture PLC               | Accenture PLC               | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |      5300 | NS      | $1421990.00   | 3.95%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV             | ASML Holding NV             | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |      1000 | NS      | $1069860.00   | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                    | NIKE Inc                    | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     11200 | NS      | $713552.00    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc         | PayPal Holdings Inc         | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     17000 | NS      | $992460.00    | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                 | PepsiCo Inc                 | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      7200 | NS      | $1033344.00   | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                | QUALCOMM Inc                | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      3500 | NS      | $598675.00    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc             | T-Mobile US Inc             | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      5400 | NS      | $1096416.00   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc       | Texas Instruments Inc       | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      6400 | NS      | $1110336.00   | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANK MMDA - USBGFS 9     | US BANK MMDA - USBGFS 9     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   1282536 | NS      | $1282535.81   | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp          | Union Pacific Corp          | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      4400 | NS      | $1017808.00   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                    | Visa Inc                    | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      3400 | NS      | $1192414.00   | 3.31%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                         | Comcast Corp                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -303 | NC      | $-606.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | ConocoPhillips              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -80 | NC      | $-16800.00    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Danaher Corp                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -72 | NC      | $-35280.00    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Fiserv Inc                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -94 | NC      | $-23735.00    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| Transocean Ltd              | Transocean Ltd              | CUSIP: N/A<br>LEI: 529900QO4W5DQGBGEF32       | Long             | EC               | CORP              | CH        |    190000 | NS      | $784700.00    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                         | Honeywell International Inc | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -56 | NC      | $-16380.00    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Illinois Tool Works Inc     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -26 | NC      | $-12090.00    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Keysight Technologies Inc   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -51 | NC      | $-33660.00    | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Labcorp Holdings Inc        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -25 | NC      | $-4187.50     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Lowe's Cos Inc              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -11 | NC      | $-324.50      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Lowe's Cos Inc              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -43 | NC      | $-580.50      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Microchip Technology Inc    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -200 | NC      | $-30000.00    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Marsh & McLennan Cos Inc    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -54 | NC      | $-14175.00    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Microsoft Corp              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -33 | NC      | $-31845.00    | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Matador Resources Co        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -190 | NC      | $-2850.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | PepsiCo Inc                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -72 | NC      | $-2196.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | QUALCOMM Inc                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -35 | NC      | $-5372.50     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Constellation Brands Inc    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -58 | NC      | $-12035.00    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | T-Mobile US Inc             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -54 | NC      | $-270.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Texas Instruments Inc       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -64 | NC      | $-21280.00    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Union Pacific Corp          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -44 | NC      | $-8250.00     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Visa Inc                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -34 | NC      | $-21590.00    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | Morgan Stanley              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -63 | NC      | $-35595.00    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | NIKE Inc                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -112 | NC      | $-40880.00    | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                         | PayPal Holdings Inc         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -170 | NC      | $-15810.00    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Illinois Tool Works Inc     | Illinois Tool Works Inc     | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |      2600 | NS      | $640380.00    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Keysight Technologies Inc   | Keysight Technologies Inc   | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |      5100 | NS      | $1036269.00   | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc        | Labcorp Holdings Inc        | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2500 | NS      | $627200.00    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc              | Lowe's Cos Inc              | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |      5400 | NS      | $1302264.00   | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-24

**Name of Applicant:** Madison ETFs Trust

**Signature:** /s/ Greg D. Hoppe

**Name of Signer:** Greg D. Hoppe

**Title:** Chief Financial Officer