Kensington Managed Income Fund Quote
| KAMAX Fund | USD 9.88 0.01 0.10% |
Performance9 of 100
| Odds Of DistressLess than 19
|
Kensington Managed is trading at 9.88 as of the 25th of November 2024; that is 0.10 percent up since the beginning of the trading day. The fund's open price was 9.87. Kensington Managed has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Kensington Managed Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of February 2023 and ending today, the 25th of November 2024. Click here to learn more.
The fund will gain exposure to fixed-income securities primarily by investing in one or more of the following investment types other mutual funds and exchange-traded funds that invest in higher-yielding, income-producing securities, individual bonds, including high-yield bonds, credit default swaps and credit default index swaps, and options on such instruments, andor index futures and bond futures. More on Kensington Managed Income
Kensington Mutual Fund Highlights
| Fund Concentration | Advisors Preferred Funds, Large Funds, Nontraditional Bond Funds, Nontraditional Bond, Advisors Preferred (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 1st of May 2021 |
| Fiscal Year End | December |
Kensington Managed Income [KAMAX] is traded in USA and was established 25th of November 2024. Kensington Managed is listed under Advisors Preferred category by Fama And French industry classification. The fund is listed under Nontraditional Bond category and is part of Advisors Preferred family. This fund now has accumulated 973.23 M in assets with no minimum investment requirementsKensington Managed Income is currently producing year-to-date (YTD) return of 4.14% with the current yeild of 0.05%, while the total return for the last 3 years was -0.27%.
Check Kensington Managed Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Kensington Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Kensington Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Kensington Managed Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Kensington Managed Income Mutual Fund Constituents
| DHSTX | Diamond Hill Porate | Mutual Fund | High Yield Bond | |
| FAGIX | Fidelity Capital Income | Mutual Fund | High Yield Bond | |
| FGXXX | First American Funds | Money Market Fund | US Money Market Fund | |
| HIGFX | American High Income | Mutual Fund | High Yield Bond | |
| IOFIX | Alphacentric Income Opportunities | Mutual Fund | Multisector Bond | |
| IVHIX | Ivy High Income | Mutual Fund | High Yield Bond | |
| JMSIX | Jpmorgan Income Fund | Mutual Fund | Multisector Bond | |
| PHYZX | Prudential High Yield | Mutual Fund | High Yield Bond |
Kensington Managed Income Risk Profiles
| Mean Deviation | 0.1267 | |||
| Standard Deviation | 0.1644 | |||
| Variance | 0.027 | |||
| Downside Variance | 0.0369 |
Kensington Managed Against Markets
Other Information on Investing in Kensington Mutual Fund
Kensington Managed financial ratios help investors to determine whether Kensington Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kensington with respect to the benefits of owning Kensington Managed security.
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