CBOE Vest Dividend Aristocrats TgtIncA
- KNGAX
- Price as of: Jan 22, 2021
-
$12.33
N/A N/A
- Primary Theme
- U.S. Large-Cap Blend Equity
- Fund Company
- CBOE Vest
- Share Class
KNGAX - Snapshot
Vitals
- YTD Return 0.6%
- 3 Yr Annualized Return 8.8%
- 5 Yr Annualized Return N/A
- Net Assets $62.9 M
- Holdings in Top 10 17.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.48%
SALES FEES
- Front Load 5.75%
- Deferred Load N/A
BROKERAGE FEES
- Turnover 185.19%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Large-Cap Blend Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Blend
KNGAX - Profile
Distributions
- YTD Total Return 0.6%
- 3 Yr Annualized Total Return 6.6%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Monthly
- Net Income Ratio 1.44%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameCBOE Vest S&P 500 Dividend Aristocrats Target Income Fund
-
Fund Family NameCBOE Vest
-
Inception DateSep 11, 2017
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerHoward Rubin
Fund Description
The fund employs an investment approach designed to track the performance of the index before fees and expenses. The index is designed with the primary goal of generating an annualized level of income that is approximately 3.5% over the annual dividend yield of the S&P 500® Index and a secondary goal of generating price returns that are proportional to the price returns of the S&P 500® Index. The fund is non-diversified.
KNGAX - Performance
Return Ranking - Trailing
Period | KNGAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.6% | -26.8% | 10.5% | 92.44% |
1 Yr | 7.1% | -15.8% | 53.4% | 94.74% |
3 Yr | 8.8%* | -14.5% | 20.6% | 86.72% |
5 Yr | N/A* | -3.2% | 20.9% | N/A |
10 Yr | N/A* | -0.4% | 15.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | KNGAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 2.9% | -40.9% | 2181.7% | 86.98% |
2019 | 20.5% | -22.7% | 41.1% | 65.93% |
2018 | -8.5% | -100.0% | 17.1% | 21.81% |
2017 | N/A | -100.0% | 33.2% | N/A |
2016 | N/A | -44.8% | 25.0% | N/A |
Total Return Ranking - Trailing
Period | KNGAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.6% | -26.8% | 10.5% | 92.24% |
1 Yr | 0.9% | -15.8% | 53.4% | 98.00% |
3 Yr | 6.6%* | -14.5% | 20.6% | 94.24% |
5 Yr | N/A* | -3.2% | 20.9% | N/A |
10 Yr | N/A* | -0.4% | 15.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | KNGAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 2.9% | -40.9% | 2181.7% | 86.98% |
2019 | 20.9% | -21.6% | 41.1% | 64.19% |
2018 | -4.5% | -100.0% | 17.1% | 12.30% |
2017 | N/A | -100.0% | 33.2% | N/A |
2016 | N/A | -16.4% | 26.8% | N/A |
NAV & Total Return History
KNGAX - Holdings
Concentration Analysis
KNGAX | Category Low | Category High | KNGAX % Rank | |
---|---|---|---|---|
Net Assets | 62.9 M | 25 | 1.08 T | 83.08% |
Number of Holdings | 66 | 1 | 3634 | 70.25% |
Net Assets in Top 10 | 10 M | -190 M | 240 B | 89.71% |
Weighting of Top 10 | 17.84% | 2.2% | 100.0% | 94.03% |
Top 10 Holdings
- Lowe's Companies Inc 2.05%
- Cintas Corp 1.97%
- Carrier Global Corp Ordinary Shares 1.93%
- Stanley Black & Decker Inc 1.90%
- Target Corp 1.89%
- T. Rowe Price Group Inc 1.83%
- PPG Industries Inc 1.81%
- Roper Technologies Inc 1.80%
- Pentair PLC 1.80%
- Leggett & Platt Inc 1.80%
Asset Allocation
Weighting | Return Low | Return High | KNGAX % Rank | |
---|---|---|---|---|
Stocks | 99.68% | 0.00% | 154.35% | 29.55% |
Cash | 0.32% | -81.74% | 100.00% | 66.64% |
Preferred Stocks | 0.00% | 0.00% | 13.76% | 53.21% |
Other | 0.00% | -17.16% | 100.00% | 51.74% |
Convertible Bonds | 0.00% | 0.00% | 11.85% | 50.13% |
Bonds | 0.00% | 0.00% | 92.93% | 52.47% |
Stock Sector Breakdown
Weighting | Return Low | Return High | KNGAX % Rank | |
---|---|---|---|---|
Industrials | 27.40% | 0.00% | 29.74% | 0.34% |
Consumer Defense | 20.44% | 0.00% | 42.01% | 1.42% |
Basic Materials | 11.10% | 0.00% | 26.44% | 1.22% |
Consumer Cyclical | 9.94% | 0.00% | 71.06% | 75.12% |
Financial Services | 9.92% | 0.00% | 47.23% | 88.30% |
Healthcare | 9.91% | 0.00% | 52.58% | 90.74% |
Real Estate | 4.51% | 0.00% | 20.42% | 9.87% |
Utilities | 2.99% | 0.00% | 16.01% | 25.29% |
Energy | 2.39% | 0.00% | 20.19% | 22.45% |
Communication Services | 1.41% | 0.00% | 31.39% | 97.50% |
Technology | 0.00% | 0.00% | 55.77% | 99.46% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | KNGAX % Rank | |
---|---|---|---|---|
US | 95.29% | 0.00% | 152.83% | 60.56% |
Non US | 4.39% | 0.00% | 61.48% | 30.41% |
KNGAX - Expenses
Operational Fees
KNGAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.48% | 0.01% | 20.53% | 17.49% |
Management Fee | 0.75% | 0.00% | 2.00% | 82.89% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 48.54% |
Administrative Fee | N/A | 0.00% | 0.95% | N/A |
Sales Fees
KNGAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 1.00% | 5.75% | 23.98% |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
KNGAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
KNGAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 185.19% | 0.00% | 451.00% | 96.16% |
KNGAX - Distributions
Dividend Yield Analysis
KNGAX | Category Low | Category High | KNGAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 14.59% | 54.25% |
Dividend Distribution Analysis
KNGAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Annually |
Net Income Ratio Analysis
KNGAX | Category Low | Category High | KNGAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.44% | -3.04% | 16.95% | 33.78% |
Capital Gain Distribution Analysis
KNGAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Monthly | Annually | Semi-Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Apr 01, 2019 | $0.014 |
Mar 01, 2019 | $0.011 |
Feb 01, 2019 | $0.021 |
Dec 28, 2018 | $0.024 |
Dec 03, 2018 | $0.014 |
Nov 01, 2018 | $0.007 |
KNGAX - Fund Manager Analysis
Managers
Howard Rubin
Start Date
Tenure
Tenure Rank
Sep 11, 2017
3.31
3.3%
Mr Rubin joined Cboe Vest in 2017. Prior to joining Vest, Mr. Rubin has served as Director of Portfolio Management at ProShare Advisors LLC from Dec 2007 to Sep 2013. Mr. Rubin has also served as Senior Portfolio Manager of ProFund Advisors LLC since Nov 2004 and Portfolio Manager of ProFund Advisors LLC from April 2000 through Nov 2004. Mr. Rubin holds the Chartered Financial Analyst (CFA) designation. Mr. Rubin received a master’s degree in finance from George Washington University. He also holds a bachelor’s degree in economics from Wharton School of Finance, University of Pennsylvania.
Karan Sood
Start Date
Tenure
Tenure Rank
Sep 11, 2017
3.31
3.3%
Mr. Sood has over ten ears of experience in derivative based investment strategy design and trading. Mr. Sood joined CBOE Vest in 2012. Prior to joining CBOE Vest, Mr. Sood worked as a senior manager in at ProShares Advisors LLC. At ProShares he was instrumental in developing several first-to-market derivative based exchange traded funds. Prior to ProShares, Mr. Sood worked as a Vice President at Barclays Capital. Last based in New York, he was responsible for using derivatives to design structured investment strategies and solutions for the firm’s institutional clients in the Americas. Prior to his role in New York, Mr. Sood worked in similar capacity in London with Barclays Capital’s European clients. Mr. Sood received a master’s degree in Decision Sciences & Operations Research from London School of Economics & Political Science. He also holds a bachelor’s degree in engineering from the Indian Institute of Technology, Delhi.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 42.02 | 6.34 | 1.0 |