The Managed Income Fund strives to provide investors the potential to participate in rising markets, while avoiding times of market decline and / or volatility.
Performance (Net of Fees)
as of 6/30/2023
|QTD||YTD||1 YR||3 YR||SINCE INCEPTION|
|Bloomberg U.S. Aggregate Bond Index||-0.84%||2.09%||-0.94%||-3.96%||-0.46%|
|ICE BofAML U.S. High Yield Master II (LOC) Index||1.66%||5.45%||8.97%||3.24%||2.54%|
Growth of $10,000 (Net of Fees)
Past performance does not guarantee future results. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost.
Current performance may be lower or higher than the performance data quoted and assumes the reinvestment of any dividend or capital gains distributions. To obtain performance data current to the most recent month-end please call 866.303.8623.
The Bloomberg U.S. Aggregate Bond Index is an unmanaged index comprised of U.S. Investment grade, fixed rate bond market securities, including government agency, corporate and mortgage-backed securities. Index returns assume reinvestment of dividends.
The ICE BofAML U.S. High Yield Master II (LOC) Index tracks the performance of U.S. dollar denominated below investment grade rated corporate debt publicly issued in the U.S. domestic market. To qualify for inclusion in the index, securities must have a below investment grade rating (based on an average of Moody's, S&P, and Fitch) and an investment grade rated country of risk (based on an average of Moody's, S&P, and Fitch foreign currency long term sovereign debt ratings). Each security must have greater than 1 year of remaining maturity, a fixed coupon schedule, and a minimum amount outstanding of $100 million.
Investors may not invest in an index directly; unlike the Fund's returns, an index does not reflect any fees or expenses.
Most recent returns, key statistics, exposures and holdings related data
Overview and track record of the Managed Income Strategy since 1992 that has been implemented into KAMIX
View the Managed Income Fund on public Morningstar web site