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Overview

Performance

Growth of $10,000

Holdings

Fund Documents

Overview

Investment Strategy:

KVLE is benchmarked to the 3D/L Value Line® Dynamic Core Equity Index, which introduces a market adaptive approach to investing in US large cap companies. The strategy seeks to capture quality US companies based on a three-factor process that selects stocks with high dividend yields and are the highest rated among Value Line®’s Safety™ and Timeliness™ Ranking Systems. Careful quantitative modelling, that incorporates a unique set of risk management tools, adjusts the beta of the overall portfolio based on the market environment. The index is rebalanced monthly.

KVLE Features:

  • Uses Optimization technology that emphasizes companies with the highest Value Line® Safety™ and Timeliness™ rankings in addition to strong dividend yields.
  • Adaptive risk-management approach that seeks to limit the impact of significant market declines while capturing positive returns in typical market environments.
  • Smart beta strategy which seeks to deliver cost-effective alpha.

KVLE Providers:

  • 3D/L Capital Management (3D/L), is an SEC registered investment advisor and non-discretionary sub-advisor to KVLE. 3D/L's Lee Adaptive approach provides investors with products and solutions that seek to capture the expected long-term capital appreciation provided by equities while seeking to mitigate the impact of down markets.
  • KFA and 3D/L license specific lists of securities and rankings of such securities from the Value Line® Safety™ and Timeliness™ Ranking Systems for KFA and 3D/L to use in the security selection process defined in the KVLE strategy.

Premium Discount Chart

Daily Performance

Data as of 02/01/2023
Daily Net Asset Value (NAV) and Market Price
NAV $22.38
NAV Daily Change 0.63%
Market Price $22.36
Market Price Daily Change 0.68%
30 Day Median Bid/Ask Spread
0.32%
Distributions

Performance History

Cumulative %
Data as of: 01/31/2023
Fund NAV Closing Price Index
1 Month 3.78% 3.74% 3.75%
3 Month 8.46% 8.27% 8.22%
6 Month 2.42% 2.29% 2.13%
Since Inception 29.49% 29.31% 28.79%
Avg Annualized %
Data as of month end: 01/31/2023
Fund NAV Closing Price Index
1 Year 0.47% 0.26% 0.24%
Since Inception 12.53% 12.46% 12.25%
Avg Annualized %
Data as of quarter end: 12/31/2022
Fund NAV Closing Price Index
1 Year -5.88% -6.04% -6.10%
Since Inception 11.09% 11.04% 10.82%

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.

KVLE Key Metrics

Data as of 02/01/2023
30-day SEC Yield 2.54%
Unsubsidized 30-day SEC Yield 2.54%

30-day SEC Yield (Subsidized/Unsubsidized) is a standard yield calculation developed by the U.S. Securities and Exchange Commission (SEC) that allows for fairer comparisons of bond funds. It is based on the most recent 30-day period covered by the fund's filings with the SEC. Unsubsidized yield does not adjust for any fee waivers and/or expense reimbursements in effect.

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.

Top 10 Holdings

Data as of 02/01/2023 Full Holdings .CSV
Rank Name % of Net Assets Ticker Identifier Shares Held Market Value($)
1 APPLE INC 8.27% AAPL US0378331005 18,445 2,682,456
2 MICROSOFT CORP 6.02% MSFT US5949181045 7,732 1,954,263
3 JPMORGAN CHASE & CO 2.68% JPM US46625H1005 6,231 869,785
4 HOME DEPOT INC 2.52% HD US4370761029 2,494 818,256
5 COCA-COLA CO/THE 2.14% KO US1912161007 11,306 693,397
6 CISCO SYSTEMS INC 2.07% CSCO US17275R1023 13,805 670,509
7 COMCAST CORP-CLASS A 2.02% CMCSA US20030N1019 16,420 656,307
8 TEXAS INSTRUMENTS INC 2.01% TXN US8825081040 3,585 652,829
9 PFIZER INC 2.01% PFE US7170811035 14,825 651,855
10 VERIZON COMMUNIC 1.92% VZ US92343V1044 14,958 623,599

Holdings are subject to change.