Morningstar

Kensington Managed Income Fund Class A Shares KAMAX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $9.28  /  0.00
  • Fund Size $733.9M
  • Adjusted Expense Ratio 1.890%
  • Net Expense Ratio 1.600%
  • Fee Level: Distribution Above Average
  • Share Class Type Front Load
  • Morningstar Category Nontraditional Bond
  • Fixed-Income Style Box (Funds) Low/Limited
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 5.02%
  • Average Effective Duration 3.06 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis KAMAX

Will KAMAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable KAMAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the KAMAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of KAMAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Kensington Managed Income A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

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Portfolio Holdings KAMAX

More KAMAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 87.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
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