Kensington Managed Income Strategy (S:0P0001D751)
33.97
+0.37
(+1.10%)
USD |
Mar 31 2024
Returns Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Key Stats
| Maximum Management Fee | Annualized Total Returns Since Inception (Daily) | Alpha (vs Category) (3Y) | Forecasted Dividend Yield |
|---|---|---|---|
| Upgrade | Upgrade | Upgrade | Upgrade |
| Total Market Value (Net) | Beta (vs Category) (3Y) | Max Drawdown (Since Inception) | Fwd Dividend Yield (Long) |
| Upgrade | Upgrade | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| Kensington Managed Income is designed to generate stable, above average total return, benefiting from high dividend income plus capital appreciation, with low drawdown. The strategy follows a defined quantitative investment process that opportunistically benefits from high dividend yielding securities. The strategy is actively managed to mitigate risk. |
| General | |
| Security Type | Separately Managed Account |
| Equity Style | Large Cap/Growth |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Nontraditional Bond |
| Category Index | ICE BofA USD 3M Dep OR CM TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Fund Owner Firm Name | Kensington Asset Management LLC |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Bruce DeLaurentis | 16.26 yrs |
| Jason Sim | 1.76 yrs |
| Jordan Flebotte | 1.76 yrs |
| Patrick Sommerstad | 1.76 yrs |
Annual Total Returns Versus Peers
As of March 31, 2024.
Asset Allocation
Top 5 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Kensington Managed Income Institutional | 70.00% | 9.73 | 0.00% |
| iShares iBoxx $ High Yield Corp Bd ETF | 20.00% | 76.08 | -0.60% |
| BNY Mellon High Yield Beta ETF | 4.00% | 46.59 | -0.64% |
| Franklin Senior Loan ETF | 3.00% | 24.38 | -0.16% |
|
iShares € High Yield CorpBd ETF EUR Dist
|
3.00% | -- | -- |
Fees & Availability
| Fees | |
| Negotiable Fee |
|
| Administrative Fee | -- |
| Maximum Management Fee | Upgrade |
| Prospectus Custodian Fee | -- |
| Trustee Fee | -- |
| Purchase Details | |
| Open to New Investors |
|
| Open to Existing Investors |
|
| Minimum Initial Investment | -- |
| Minimum Subsequent Investment | -- |
Basic Info
| Investment Strategy | |
| Kensington Managed Income is designed to generate stable, above average total return, benefiting from high dividend income plus capital appreciation, with low drawdown. The strategy follows a defined quantitative investment process that opportunistically benefits from high dividend yielding securities. The strategy is actively managed to mitigate risk. |
| General | |
| Security Type | Separately Managed Account |
| Equity Style | Large Cap/Growth |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Nontraditional Bond |
| Category Index | ICE BofA USD 3M Dep OR CM TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Fund Owner Firm Name | Kensington Asset Management LLC |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Bruce DeLaurentis | 16.26 yrs |
| Jason Sim | 1.76 yrs |
| Jordan Flebotte | 1.76 yrs |
| Patrick Sommerstad | 1.76 yrs |
Fundamentals
Fund Details
| Key Dates | |
| Inception Date | 12/31/2007 |
| Last Annual Report Date | 12/31/2017 |
| Last Prospectus Date | -- |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |