Morningstar

Kensington Managed Income Fund Class C Shares KAMCX

Medalist Rating as of Aug 31, 2026 See Kensington Asset Management Investment Hub

Strategy

The investment seeks total return which consists of income and capital appreciation. The fund will gain exposure to fixed-income securities primarily by investing in one or more of the following investment types (1) other mutual funds and exchange-traded funds (“ETFs”) (“underlying funds”) that invest in higher-yielding, income-producing securities, (2) individual bonds, including high-yield bonds, (3) credit default swaps and credit default index swaps, and options on such instruments, and/or (4) index futures and bond futures. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
KAMIX	Kensington Managed Income Fund Institutional Class Shares	Institutional	Open			May 31, 2019	$718.36M	1.640%	Above Average	$25,000	−$4.62M
KAMAX	Kensington Managed Income Fund Class A Shares	Front Load	Open			May 31, 2019	$11.99M	1.890%	Above Average	$1,000	−$6.30M
KAMCX	Kensington Managed Income Fund Class C Shares	Level Load	Open			Aug 27, 2019	$3.60M	2.640%	Above Average	$1,000	−$1.03M

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