Kensington Dynamic Allc Instl Class Sh (KAGIX)
| Fund Assets | 878.21M |
| Expense Ratio | 1.42% |
| Min. Investment | $25,000 |
| Turnover | 553.00% |
| Dividend (ttm) | 0.81 |
| Dividend Yield | 5.92% |
| Dividend Growth | 482.63% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 13.42 |
| YTD Return | 23.74% |
| 1-Year Return | 16.48% |
| 5-Year Return | n/a |
| 52-Week Low | 10.80 |
| 52-Week High | 13.51 |
| Beta (5Y) | 0.50 |
| Holdings | 7 |
| Inception Date | Oct 23, 2020 |
About KAGIX
Kensington Dynamic Allocation Fund Institutional Class is a tactical allocation mutual fund designed to pursue capital gains by actively managing its exposure between equities and fixed income instruments. The fund operates with a flexible mandate, allocating assets dynamically across domestic equity index exchange-traded funds, mutual funds, and U.S. Treasury securities, shifting its stance in response to quantitative market signals. During favorable market conditions, the fund increases its allocation to equities to participate in growth, while in periods of heightened volatility or market decline, it moves defensively toward cash and U.S. Treasuries to mitigate drawdown risk. This adaptive approach aims to reduce correlation with equity markets during downturns, providing an alternative to traditional buy-and-hold or static allocation strategies. Notably, the fund employs both direct investment and the use of derivatives such as futures to gain equity exposure, and is classified within the tactical allocation category. Its objective is to balance long-term growth potential with risk management, appealing to investors seeking a quantitative, active approach to asset allocation within the U.S. market.
Performance
KAGIX had a total return of 16.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.39%.
Top 10 Holdings
104.34% of assets| Name | Symbol | Weight |
|---|---|---|
| US BANK MMDA - USBGFS 9 | n/a | 91.70% |
| Mount Vernon Liquid Assets Portfolio, LLC | n/a | 4.20% |
| Vanguard Short-Term Corporate Bond ETF | VCSH | 4.13% |
| PGIM Ultra Short Bond ETF | PULS | 1.70% |
| iShares Floating Rate Bond ETF | FLOT | 1.05% |
| BNY Mellon Ultra Short Income ETF | BKUI | 0.80% |
| Janus Henderson Short Duration Income ETF | VNLA | 0.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.02314 | Jun 27, 2025 |
| Mar 28, 2025 | $0.04997 | Mar 28, 2025 |
| Dec 30, 2024 | $0.67164 | Dec 30, 2024 |
| Sep 27, 2024 | $0.06272 | Sep 27, 2024 |
| Jun 27, 2024 | $0.05732 | Jun 27, 2024 |
| Mar 28, 2024 | $0.02904 | Mar 28, 2024 |