Carret Kansas Tax Exempt Bond Fund A (IKSTX)
| Fund Assets | 122.20M |
| Expense Ratio | 0.81% |
| Min. Investment | $5,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 1.89% |
| Dividend Growth | 14.31% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 10.13 |
| YTD Return | 1.06% |
| 1-Year Return | 1.31% |
| 5-Year Return | -3.77% |
| 52-Week Low | 9.80 |
| 52-Week High | 10.25 |
| Beta (5Y) | n/a |
| Holdings | 167 |
| Inception Date | Aug 6, 2002 |
About IKSTX
Carret Kansas Tax-Exempt Bond Fund A is a mutual fund focused on providing tax-exempt income by investing primarily in investment grade municipal bonds issued within the state of Kansas. The primary objective of this fund is to deliver current income that is exempt from both federal and Kansas state income taxes while preserving capital. The portfolio is diversified across more than 50 municipal issuers, with holdings in sectors such as general obligation, school district, and essential purpose revenue bonds. The fund typically holds intermediate to longer-term securities, maintaining a weighted average portfolio maturity of 7 to 12 years and focusing on bonds with maturities from 1 to 20 years. Through an active management approach, the fund considers regional economic trends, interest rate movements, and credit risk to inform portfolio construction. Its disciplined, value-oriented investment strategy seeks to identify securities that meet stringent credit and valuation criteria, helping to ensure high credit quality and broad sector exposure across the Kansas municipal bond market.
Performance
IKSTX had a total return of 1.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.28%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| SEKSX | Institutional Class Shares | 0.49% |
Top 10 Holdings
16.15% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Treasury Obligations Fund | FXFXX | 3.73% |
| KANSAS ST DEPT TRANSN HWY REV 5% | KS.KSSTRN 5 09.01.2031 | 1.70% |
| KANSAS ST DEPT TRANSN HWY REV 5% | KS.KSSTRN 5 09.01.2034 | 1.68% |
| ALLEN CNTY KANS UNI SCH DIST NO 257 3% | KS.ALLSCD 3 09.01.2043 | 1.52% |
| KANSAS ST DEV FIN AUTH REV 5% | KS.KSSDEV 5 05.01.2042 | 1.30% |
| KANSAS ST DEPT TRANSN HWY REV 5% | KS.KSSTRN 5 09.01.2028 | 1.28% |
| JOHNSON CNTY KANS 4% | KS.JOH 4 09.01.2035 | 1.25% |
| DOUGLAS CNTY KANS UNI SCH DIST NO 497 4% | KS.DOUSCD 4 09.01.2031 | 1.23% |
| JOHNSON CNTY KANS PUB BLDG COMMN LEASE PUR REV 4% | KS.JOHFAC 4 09.01.2031 | 1.23% |
| LENEXA KANS 3% | KS.LEN 3 09.01.2033 | 1.23% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.01549 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01482 | Jun 30, 2025 |
| May 30, 2025 | $0.01518 | May 30, 2025 |
| Apr 30, 2025 | $0.01467 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01518 | Mar 31, 2025 |
| Feb 28, 2025 | $0.01354 | Feb 28, 2025 |