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Overview

Performance

Growth of $10,000

Holdings

Fund Documents

Overview

Investment Strategy:

KLCD is benchmarked to the Russell 1000 Dividend Select Equal Weight Index, which takes a smart beta1 approach to investing in US Large Cap companies. The strategy seeks to measure the performance of US companies that have successfully increased their dividend payments over a period of ten years. The Index is designed to provide a benchmark for investors looking to capture a concentrated portfolio of constituents demonstrating increased dividends and positive momentum.

KLCD Provides:

  • Exposure to firms with historically reliable dividend growth which have a strong record of stable cash flows, healthy balance sheets and durable business models2
  • Dividend growth strategies can potentially improve performance in down market environments2
  • Smart beta strategy which seeks to deliver cost effective alpha3

1. Smart beta is an investment style where a manager follows an index designed to take advantage of perceived systematic biases or inefficiencies in the market.
2. “Harnessing the Long-Term Potential of Dividend Growth.” FTSE Russell, Nov. 2018.
3. Alpha is the active return on an investment, gauges the performance of an investment against a market index or benchmark which is considered to represent the market's movement as a whole.

Premium Discount Chart

Daily Performance

Data as of 12/05/2022
Daily Net Asset Value (NAV) and Market Price
NAV $32.65
NAV Daily Change -1.54%
Market Price $32.65
Market Price Daily Change -1.49%
30 Day Median Bid/Ask Spread
0.18%
Distributions

Performance History

Cumulative %
Data as of: 11/30/2022
Fund NAV Closing Price Index
1 Month 5.45% 5.25% 5.52%
3 Month 7.33% 7.03% 7.53%
6 Month 3.73% 3.61% 4.01%
Since Inception 42.56% 42.33% 44.62%
Avg Annualized %
Data as of month end: 11/30/2022
Fund NAV Closing Price Index
1 Year 1.88% 1.75% 2.28%
3 Year 10.15% 10.06% 10.58%
Since Inception 10.75% 10.69% 11.20%
Avg Annualized %
Data as of quarter end: 09/30/2022
Fund NAV Closing Price Index
1 Year -7.46% -7.53% -7.14%
3 Year 5.27% 5.27% 5.66%
Since Inception 6.43% 6.44% 6.85%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.

Growth of $10,000

Data as of 12/05/2022

The Growth of $10,000 chart reflects an initial investment of $10,000 on the day prior to the selected time period and assumes reinvestment of dividends and capital gains. For the growth of $10,000 chart since inception, the initial investment of $10,000 is instead made on the inception date of the Fund. Fund expenses, including management fees and other expenses were deducted. The growth of a $10,000 investment in the fund is hypothetical and for illustration purposes only.

Top 10 Holdings

Data as of 12/05/2022 Full Holdings .CSV
Rank Name % of Net Assets Ticker Identifier Shares Held Market Value($)
1 STEEL DYNAMICS INC 1.04% STLD US8581191009 957 102,150
2 AIR PRODS & CHEM 0.97% APD US0091581068 301 94,806
3 ASSURED GUARANTY LTD 0.97% AGO BMG0585R1060 1,455 94,779
4 ERIE INDEMNITY-A 0.95% ERIE US29530P1021 341 92,725
5 MERCK & CO. INC. 0.94% MRK US58933Y1055 835 91,858
6 AMERIPRISE FINANCIAL INC 0.92% AMP US03076C1062 282 90,570
7 GLOBE LIFE INC 0.92% GL US37959E1029 760 90,280
8 IDEX CORP 0.90% IEX US45167R1041 373 88,353
9 SILGAN HOLDINGS INC 0.90% SLGN US8270481091 1,645 88,304
10 AFLAC INC 0.90% AFL US0010551028 1,243 88,303

Holdings are subject to change.