Kensington Dynamic Allocation A (KAGAX)
| Fund Assets | 1.85B |
| Expense Ratio | 1.68% |
| Min. Investment | $1,000 |
| Turnover | 222.00% |
| Dividend (ttm) | 1.31 |
| Dividend Yield | 8.15% |
| Dividend Growth | 66.70% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 29, 2026 |
| Previous Close | 15.29 |
| YTD Return | 13.49% |
| 1-Year Return | 24.07% |
| 5-Year Return | n/a |
| 52-Week Low | 13.09 |
| 52-Week High | 16.03 |
| Beta (5Y) | n/a |
| Holdings | 17 |
| Inception Date | Oct 23, 2020 |
About KAGAX
The Kensington Dynamic Allocation Fund - A Class Shares is a tactical allocation mutual fund designed to seek capital gains by dynamically adjusting its exposure between equities and fixed income instruments. The fund employs a quantitative strategy that alternates allocations based on market conditions, moving between "risk-on" exposure in equity index ETFs during rising markets and "risk-off" positioning in U.S. Treasuries and cash equivalents during periods of heightened volatility or market decline. This adaptive approach aims to capture equity market gains while mitigating drawdowns and reducing correlation to equity markets during downturns. The fund is classified under the tactical allocation category, which is characterized by frequent and meaningful shifts across both equity and bond sectors to balance risk and return. Its portfolio primarily invests in the United States, with a significant emphasis on risk management and drawdown reduction, making it a distinctive option for those seeking an alternative to traditional buy-and-hold strategies within diversified portfolios.
Performance
KAGAX had a total return of 24.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.46%.
Top 10 Holdings
104.67% of assets| Name | Symbol | Weight |
|---|---|---|
| US BANK MMDA - USBGFS 9 | n/a | 19.08% |
| Mount Vernon Liquid Assets Portfolio, LLC | n/a | 16.16% |
| Invesco QQQ Trust Series I | QQQ | 14.10% |
| PGIM Ultra Short Bond ETF | PULS | 10.72% |
| Vanguard S&P 500 ETF | VOO | 10.20% |
| Vanguard Ultra-Short Bond ETF | VUSB | 9.99% |
| JPMorgan Ultra-Short Income ETF | JPST | 7.10% |
| Janus Henderson Short Duration Income ETF | VNLA | 6.50% |
| iShares Floating Rate Bond ETF | FLOT | 5.46% |
| VanEck IG Floating Rate ETF | FLTR | 5.36% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 29, 2026 | $0.02975 | Jun 29, 2026 |
| Mar 30, 2026 | $0.03012 | Mar 30, 2026 |
| Dec 30, 2025 | $1.23617 | Dec 30, 2025 |
| Sep 29, 2025 | $0.01244 | Sep 29, 2025 |
| Jun 27, 2025 | $0.01537 | Jun 27, 2025 |
| Mar 28, 2025 | $0.04301 | Mar 28, 2025 |