Kensington Active Advantage A (KADAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.35
+0.06 (0.53%)
Inactive · Last trade price on Nov 21, 2025
6.48%
Fund Assets47.98M
Expense Ratio1.80%
Min. Investment$1,000
Turnover177.00%
Dividend (ttm)n/a
Dividend Yieldn/a
Dividend Growth15.24%
Payout FrequencyQuarterly
Ex-Dividend Daten/a
Previous Close11.29
YTD Return4.03%
1-Year Return3.70%
5-Year Returnn/a
52-Week Low9.97
52-Week High11.64
Beta (5Y)n/a
Holdings14
Inception DateMar 23, 2022

About KADAX

The Kensington Active Advantage Fund Class A is an open-end mutual fund designed to deliver long-term total returns by combining capital appreciation with income generation. Its core strategy features adaptive, tactical risk management, dynamically reallocating assets among equities, fixed income securities, and defensive holdings such as cash and Treasuries based on shifting market conditions. This quantitative, data-driven approach aims to optimize returns while mitigating volatility and limiting downside risk, making the fund especially relevant for investors seeking both growth potential and risk reduction within their portfolios. The fund’s holdings demonstrate a significant allocation to cash and cash equivalents, high-yield bond funds, and diversified fixed income assets, supporting its flexible, opportunistic investment model. By complementing traditional portfolio strategies, the Kensington Active Advantage Fund holds a distinctive role in the market as a risk-managed, diversified solution designed to perform across varying economic cycles.

Fund Family Kensington Asset Management LLC
Category Tactical Allocation
Stock Exchange NASDAQ
Ticker Symbol KADAX
Share Class Class A Shares
Index Index is not provided by Management Company

Performance

KADAX had a total return of 3.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.11%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FYMIXFidelityFidelity Advisor Sustainable Mlt-Ast I0.47%
FYMMXFidelityFidelity Advisor Sustainable Mlt-Ast M0.97%
FYMCXFidelityFidelity Advisor Sustainable Mlt-Ast C1.47%
FYMAXFidelityFidelity Advisor Sustainable Mlt-Ast A0.72%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
KADIXInstitutional Class Shares1.55%
KADCXClass C Shares2.55%

Top 10 Holdings

105.55% of assets
NameSymbolWeight
Manning & Napier High Yield Bond ZMHYZX25.04%
Victory Pioneer Strategic Income R6STRKX13.63%
Invesco QQQ Trust Series IQQQ13.41%
Mount Vernon Liquid Assets Portfolio, LLCn/a13.13%
Vanguard S&P 500 ETFVOO10.79%
Vanguard Total Stock Market ETFVTI9.51%
State Street SPDR Portfolio S&P 500 Value ETFSPYV5.98%
iShares Core High Dividend ETFHDV5.74%
iShares 5-10 Year Investment Grade Corporate Bond ETFIGIB4.77%
BNY Mellon Global Infrastructure Income ETFBKGI3.56%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Sep 29, 2025$0.0669Sep 29, 2025
Jun 27, 2025$0.07021Jun 27, 2025
Mar 28, 2025$0.02941Mar 28, 2025
Dec 30, 2024$0.07665Dec 30, 2024
Sep 27, 2024$0.06264Sep 27, 2024
Jun 27, 2024$0.05154Jun 27, 2024
Full Dividend History