Kensington Dynamic Allocation C (KAGCX)

Fund Assets	2.12B
Expense Ratio	2.506%
Min. Investment	$1,000
Turnover	222.00%
Dividend (ttm)	0.08
Dividend Yield	0.52%
Dividend Growth	n/a
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 29, 2026

Previous Close	15.23
YTD Return	14.41%
1-Year Return	16.51%
5-Year Return	n/a
52-Week Low	12.74
52-Week High	15.63
Beta (5Y)	n/a
Holdings	13
Inception Date	Oct 23, 2020

About KAGCX

Kensington Dynamic Allocation Fund - C Class Shares is an open-end mutual fund focused on achieving capital gains through a tactical asset allocation strategy. The fund dynamically shifts its portfolio between U.S. equity exposure and more defensive assets, such as U.S. Treasuries and cash equivalents, in response to changing market conditions. Using a proprietary, quantitative, trend-following model, the fund aims to deliver equity-like returns while striving to mitigate volatility and limit drawdowns during market downturns. This approach alternates between a "Risk-On" stance—favoring broad-based equity index ETFs or related securities during favorable market trends—and a "Risk-Off" stance, allocating substantially to cash or Treasuries in periods of elevated volatility or declining markets. The fund is classified within the tactical allocation category, catering to investors seeking potential growth with an emphasis on risk management, and it benchmarks its performance against the S&P 500 Total Return Index. Managed by Kensington Asset Management since its inception in 2020, the fund distributes dividends quarterly and is structured to provide an adaptive alternative to traditional buy-and-hold equity strategies.

• Fund Family: Kensington Asset Management LLC
• Category: Tactical Allocation
• Performance Rating: High
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: KAGCX
• Share Class: Class C Shares
• Index: S&P 500 TR

Performance

KAGCX had a total return of 16.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.04%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
KAGIX	Institutional Class Shares	1.43%
KAGAX	Class A Shares	1.68%

Top 10 Holdings

100.28% of assets

Name	Symbol	Weight
742718109 - US BANK MMDA - USBGFS 9	n/a	47.12%
Vanguard Ultra-Short Bond ETF	VUSB	11.11%
PGIM Ultra Short Bond ETF	PULS	10.95%
JPMorgan Ultra-Short Income ETF	JPST	7.39%
iShares Floating Rate Bond ETF	FLOT	5.81%
Janus Henderson Short Duration Income ETF	VNLA	5.36%
VanEck IG Floating Rate ETF	FLTR	4.59%
Mount Vernon Liquid Assets Portfolio, LLC	n/a	3.09%
Goldman Sachs Ultra Short Bond ETF	GSST	2.48%
AB Ultra Short Income ETF	YEAR	2.37%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 29, 2026	$0.05089	Sep 29, 2026
Jun 29, 2026	$0.00623	Jun 29, 2026
Mar 30, 2026	$0.00893	Mar 30, 2026
Dec 30, 2025	$1.21011	Dec 30, 2025
Mar 28, 2025	$0.02253	Mar 28, 2025
Dec 30, 2024	$0.67164	Dec 30, 2024

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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