Growth of $10,000


Fund Documents


Investment Strategy:

KSCD is benchmarked to the Russell 2000 Dividend Select Equal Weight Index, which takes a smart beta1 approach to investing in US Small 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.

KSCD 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 02/01/2023
Daily Net Asset Value (NAV) and Market Price
NAV $25.65
NAV Daily Change 0.08%
Market Price $25.64
Market Price Daily Change 0.00%
30 Day Median Bid/Ask Spread

Performance History

Cumulative %
Data as of: 01/31/2023
Fund NAV Closing Price Index
1 Month 1.91% 1.91% 4.44%
3 Month -0.07% -0.04% 2.47%
6 Month -0.33% -0.26% 2.38%
YTD 1.91% 1.91% 4.44%
Since Inception 12.62% 12.66% 17.65%
Avg Annualized %
Data as of month end: 01/31/2023
Fund NAV Closing Price Index
1 Year -3.33% -3.40% -0.39%
3 Year 2.46% 2.46% 3.80%
Since Inception 3.32% 3.33% 4.56%
Avg Annualized %
Data as of quarter end: 12/31/2022
Fund NAV Closing Price Index
1 Year -10.82% -10.49% -10.56%
3 Year 1.10% 1.10% 1.60%
Since Inception 2.85% 2.86% 3.40%

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.

Ex-Date Record Date Payable Date Amount

Future calendar dates are subject to change. There is no guarantee that dividends will be paid. Past distributions are not indicative of future trends. This material is provided for educational purposes only and does not constitute investment advice.

Distributions are issued to brokers on the payable date, and are subject to broker payment schedules.

Distribution History

2022 Distributions
Ex-Date Record Date Payable Date Amount
12/28/2022 12/29/2022 12/30/2022 1.316234
2021 Distributions
Ex-Date Record Date Payable Date Amount
12/29/2021 12/30/2021 12/31/2021 0.596124
2020 Distributions
Ex-Date Record Date Payable Date Amount
12/29/2020 12/30/2020 12/31/2020 0.399153
2019 Distributions
Ex-Date Record Date Payable Date Amount
12/26/2019 12/26/2019 12/31/2019 0.025727
12/27/2019 12/30/2019 12/31/2019 0.162075
12/30/2019 12/30/2019 12/31/2019 0.025727

Growth of $10,000

Data as of 02/01/2023

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. Fund performance data used in this chart is based on Fund NAV and represents past performance. Past performance does not guarantee future results.

Top 10 Holdings

Data as of 02/01/2023 Full Holdings .CSV
Rank Name % of Net Assets Ticker Identifier Shares Held Market Value($)
1 Cash 100.00% 6,411,741 6,411,741

Holdings are subject to change.