# EDGAR Filing Document

**Accession Number:** 0001976877
**File Stem:** 0001145549-25-057633
**Filing Date:** 2025-8
**Character Count:** 25860
**Document Hash:** ffdb73c6aefadafadad120877e4e6f0d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-057633.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001145549-25-057633

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**PERIOD START**: 20250630

**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:** 251281916

**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:** 2025-06-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $45823775.36

**Total Liabilities:** $2164093.24

**Net Assets:** $43659682.12

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000243765 | -2.46%               | 5.57%                | 4.23%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-439452.37              | $-1255616.19                               |
| Month 2  | $-347576.32              | $2624251.10                                |
| Month 3  | $2055.89                 | $2321287.11                                |

**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        |    107000 | NS      | $1125640.00   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Inc                       | MKS Inc                       | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     13500 | NS      | $1341360.00   | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc      | Microchip Technology Inc      | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     22200 | NS      | $1562214.00   | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                | Morgan Stanley                | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      5000 | NS      | $704300.00    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                           | Agilent Technologies Inc      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -70 | NC      | $-33950.00    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Accenture PLC                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -53 | NC      | $-25705.00    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Adobe Inc                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -44 | NC      | $-39600.00    | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Archer-Daniels-Midland Co     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -114 | NC      | $-6555.00     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | AES Corp/The                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -535 | NC      | $-14712.50    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Advanced Micro Devices Inc    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -118 | NC      | $-127145.00   | -0.29%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | American Tower Corp           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -58 | NC      | $-35380.00    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Amazon.com Inc                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -60 | NC      | $-31350.00    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | ASML Holding NV               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -20 | NC      | $-99000.00    | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Blackrock Inc                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -7 | NC      | $-37590.00    | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Cameco Corp                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -170 | NC      | $-45815.00    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Comcast Corp                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -448 | NC      | $-40096.00    | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | ConocoPhillips                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -80 | NC      | $-11800.00    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Alphabet Inc                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -58 | NC      | $-45820.00    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Constellation Brands Inc      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -58 | NC      | $-19720.00    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Danaher Corp                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -72 | NC      | $-31320.00    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Fiserv Inc                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -55 | NC      | $-40975.00    | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Honeywell International Inc   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -56 | NC      | $-31640.00    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Hewlett Packard Enterprise Co | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -670 | NC      | $-116580.00   | -0.27%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Labcorp Holdings Inc          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -25 | NC      | $-27500.00    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| Adobe Inc                     | Adobe Inc                     | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      4400 | NS      | $1702272.00   | 3.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc    | Advanced Micro Devices Inc    | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     11800 | NS      | $1674420.00   | 3.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc      | Agilent Technologies Inc      | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |      7000 | NS      | $826070.00    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                  | Alphabet Inc                  | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      5800 | NS      | $1028862.00   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                | Amazon.com Inc                | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      6000 | NS      | $1316340.00   | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp           | American Tower Corp           | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      5800 | NS      | $1281916.00   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co     | Archer-Daniels-Midland Co     | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     11400 | NS      | $601692.00    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                 | Blackrock Inc                 | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |       700 | NS      | $734475.00    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                   | Cameco Corp                   | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |     17000 | NS      | $1261910.00   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                  | Comcast Corp                  | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     44800 | NS      | $1598912.00   | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                | ConocoPhillips                | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      8000 | NS      | $717920.00    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands Inc      | Constellation Brands Inc      | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |      5800 | NS      | $943544.00    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                  | Danaher Corp                  | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      7200 | NS      | $1422288.00   | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                    | Fiserv Inc                    | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |      5500 | NS      | $948255.00    | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co | Hewlett Packard Enterprise Co | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     67000 | NS      | $1370150.00   | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc   | Honeywell International Inc   | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      5600 | NS      | $1304128.00   | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc          | Labcorp Holdings Inc          | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2500 | NS      | $656275.00    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                | Lowe's Cos Inc                | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |      4300 | NS      | $954041.00    | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc      | Marsh & McLennan Cos Inc      | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |      3000 | NS      | $655920.00    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co          | Matador Resources Co          | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     19000 | NS      | $906680.00    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                 | Accenture PLC                 | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |      5300 | NS      | $1584117.00   | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                 | Medtronic PLC                 | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |     12800 | NS      | $1115776.00   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV               | ASML Holding NV               | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |      2000 | NS      | $1602780.00   | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                      | NIKE Inc                      | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     14000 | NS      | $994560.00    | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc           | PayPal Holdings Inc           | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     24000 | NS      | $1783680.00   | 4.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                   | PepsiCo Inc                   | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      7200 | NS      | $950688.00    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc               | Ross Stores Inc               | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      7000 | NS      | $893060.00    | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc               | T-Mobile US Inc               | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      4800 | NS      | $1143648.00   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc         | Texas Instruments Inc         | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      8000 | NS      | $1660960.00   | 3.80%             |  |  |  | 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        |   4392916 | NS      | $4392915.87   | 10.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp            | Union Pacific Corp            | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      4400 | NS      | $1012352.00   | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc     | United Parcel Service Inc     | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     10700 | NS      | $1080058.00   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                      | Visa Inc                      | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      1500 | NS      | $532575.00    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Transocean Ltd                | Transocean Ltd                | CUSIP: N/A<br>LEI: 529900QO4W5DQGBGEF32       | Long             | EC               | CORP              | CH        |    135000 | NS      | $349650.00    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                           | Lowe's Cos Inc                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -43 | NC      | $-7718.50     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Microchip Technology Inc      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -222 | NC      | $-82140.00    | -0.19%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Medtronic PLC                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -128 | NC      | $-28224.00    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | MKS Inc                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -135 | NC      | $-47250.00    | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Marsh & McLennan Cos Inc      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -30 | NC      | $-5250.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Morgan Stanley                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -50 | NC      | $-44875.00    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Matador Resources Co          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -190 | NC      | $-20425.00    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | NIKE Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -140 | NC      | $-101500.00   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | PepsiCo Inc                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -72 | NC      | $-24300.00    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | PayPal Holdings Inc           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -240 | NC      | $-49200.00    | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Ross Stores Inc               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -50 | NC      | $-1625.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | T-Mobile US Inc               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -48 | NC      | $-12216.00    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Texas Instruments Inc         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -80 | NC      | $-75400.00    | -0.17%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Union Pacific Corp            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -44 | NC      | $-13530.00    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | United Parcel Service Inc     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      -107 | NC      | $-29371.50    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                           | Visa Inc                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -15 | NC      | $-23175.00    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-29

**Name of Applicant:** Madison ETFs Trust

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

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

**Title:** Treasurer/Principal Financial Officer