Carret Kansas Tax Exempt Bond Fund Instl (SEKSX)
| Fund Assets | 123.71M |
| Expense Ratio | 0.49% |
| Min. Investment | $3,000,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 2.03% |
| Dividend Growth | 3.74% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.23 |
| YTD Return | 2.44% |
| 1-Year Return | 1.74% |
| 5-Year Return | 0.29% |
| 52-Week Low | 9.80 |
| 52-Week High | 10.27 |
| Beta (5Y) | n/a |
| Holdings | 166 |
| Inception Date | Dec 10, 1990 |
About SEKSX
The Carret Kansas Tax-Exempt Bond Fund Institutional Class is an open-end mutual fund focused on providing investors with monthly income that is exempt from both federal and Kansas state income taxes. Its primary function is to preserve capital while generating tax-free current income, making it particularly attractive for investors seeking tax-advantaged fixed income solutions within the state of Kansas. The fund invests primarily in investment-grade municipal bonds issued by a diverse array of Kansas-based entities, including general obligation, school district, pre-refunded, and essential purpose revenue bonds. With a portfolio maturity typically ranging from 7 to 12 years and holdings in over 150 individual bond positions, the fund maintains a high average credit quality. Active management underpins its strategy, incorporating both national and regional economic factors, interest rate and credit trends, and sector analysis to select securities that align with strict credit and valuation criteria. The Carret Kansas Tax-Exempt Bond Fund Institutional Class plays a significant role in providing reliable, tax-advantaged income to institutional investors, specifically within the Kansas municipal market, and contributes to funding essential public projects throughout the state.
Performance
SEKSX had a total return of 1.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.76%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| IKSTX | Class A Shares | 0.81% |
Top 10 Holdings
16.12% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Treasury Obligations Fund | FXFXX | 3.72% |
| Kansas St Dept Of Transprtn Highway Revenue - State of Kansas Department of Transportation | n/a | 1.69% |
| Kansas St Dept Of Transprtn Highway Revenue - State of Kansas Department of Transportation | n/a | 1.68% |
| Allen Cnty Ks Unif Sch Dist #257 - Allen County Unified School District No 257 | KS.ALLSCD 3 09.01.2043 | 1.52% |
| Kansas St Dev Fin Auth Revenue - Kansas Development Finance Authority | KS.KSSDEV 5 05.01.2042 | 1.29% |
| Kansas St Dept Of Transprtn Highway Revenue - State of Kansas Department of Transportation | KS.KSSTRN 5 09.01.2028 | 1.28% |
| Johnson Cnty Ks - County of Johnson KS | KS.JOH 4 09.01.2035 | 1.25% |
| Douglas Cnty Ks Unif Sch Dist#497 - Douglas County Unified School District No 497 Lawrence | n/a | 1.23% |
| Johnson Cnty Ks Public Bldg Commission Lease Purchase Revenu - Johnson County Public Building Commission | KS.JOHFAC 4 09.01.2031 | 1.23% |
| City of Lenexa KS | KS.LEN 3 09.01.2033 | 1.22% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.01646 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01831 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0173 | Jun 30, 2025 |
| May 30, 2025 | $0.01772 | May 30, 2025 |
| Apr 30, 2025 | $0.01712 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01777 | Mar 31, 2025 |