KP Large Cap Equity Institutional
Name
As of 12/15/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-51.3%
1 yr return
18.1%
3 Yr Avg Return
12.6%
5 Yr Avg Return
13.7%
Net Assets
$3.6 B
Holdings in Top 10
26.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.30%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 45.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/15/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
KPLCX - Profile
Distributions
- YTD Total Return -51.3%
- 3 Yr Annualized Total Return 12.6%
- 5 Yr Annualized Total Return 13.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.48%
- Dividend Yield 4.9%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameKP Large Cap Equity Fund
-
Fund Family NameKP Funds
-
Inception DateJan 10, 2014
-
Shares Outstanding224764366
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerNevin Chitkara
Fund Description
KPLCX - Performance
Return Ranking - Trailing
Period | KPLCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -51.3% | -51.3% | 2235.9% | 100.00% |
1 Yr | 18.1% | -16.4% | 50.6% | 25.16% |
3 Yr | 12.6%* | -16.2% | 18.5% | 33.43% |
5 Yr | 13.7%* | -5.2% | 18.8% | 23.67% |
10 Yr | N/A* | -0.5% | 17.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | KPLCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 23.1% | -22.7% | 41.1% | 48.33% |
2022 | -12.9% | -100.0% | 1.4% | 47.87% |
2021 | 16.0% | -100.0% | 33.2% | 35.99% |
2020 | 6.0% | -44.8% | 25.0% | 61.55% |
2019 | -2.4% | -51.1% | 20.5% | 24.85% |
Total Return Ranking - Trailing
Period | KPLCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -51.3% | -51.3% | 2235.9% | 100.00% |
1 Yr | 18.1% | -16.4% | 50.6% | 22.66% |
3 Yr | 12.6%* | -16.2% | 18.5% | 31.05% |
5 Yr | 13.7%* | -5.2% | 18.8% | 22.35% |
10 Yr | N/A* | -0.5% | 17.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | KPLCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 23.1% | -21.6% | 41.1% | 48.33% |
2022 | -4.9% | -100.0% | 1.4% | 17.08% |
2021 | 23.8% | -100.0% | 33.2% | 8.41% |
2020 | 10.0% | -16.4% | 26.8% | 43.15% |
2019 | 2.3% | -26.4% | 106.5% | 11.63% |
NAV & Total Return History
KPLCX - Holdings
Concentration Analysis
KPLCX | Category Low | Category High | KPLCX % Rank | |
---|---|---|---|---|
Net Assets | 3.6 B | 25 | 1.04 T | 24.87% |
Number of Holdings | 677 | 1 | 3587 | 6.10% |
Net Assets in Top 10 | 910 M | -95.2 M | 228 B | 29.74% |
Weighting of Top 10 | 26.21% | 2.1% | 100.0% | 78.11% |
Top 10 Holdings
- Microsoft Corp 4.98%
- Apple Inc 4.90%
- Amazon.com Inc 4.88%
- Facebook Inc A 2.68%
- Alphabet Inc A 1.90%
- State Street Instl Treasury MMkt Premier 1.78%
- Johnson & Johnson 1.53%
- Alphabet Inc Class C 1.34%
- Visa Inc Class A 1.12%
- E-mini S&P 500 Future Dec 20 1.11%
Asset Allocation
Weighting | Return Low | Return High | KPLCX % Rank | |
---|---|---|---|---|
Stocks | 98.05% | 0.00% | 147.19% | 70.19% |
Cash | 1.86% | -110.24% | 100.00% | 26.56% |
Preferred Stocks | 0.05% | 0.00% | 13.76% | 9.28% |
Other | 0.03% | -4.07% | 100.00% | 8.88% |
Convertible Bonds | 0.00% | 0.00% | 11.85% | 18.09% |
Bonds | 0.00% | 0.00% | 89.72% | 22.83% |
Stock Sector Breakdown
Weighting | Return Low | Return High | KPLCX % Rank | |
---|---|---|---|---|
Technology | 24.17% | 0.00% | 54.19% | 47.12% |
Healthcare | 15.85% | 0.00% | 47.40% | 26.34% |
Financial Services | 13.13% | 0.00% | 45.75% | 48.56% |
Consumer Cyclical | 12.87% | 0.00% | 71.06% | 22.57% |
Communication Services | 11.41% | 0.00% | 33.69% | 27.23% |
Industrials | 8.71% | 0.00% | 30.59% | 67.83% |
Consumer Defense | 6.19% | 0.00% | 36.05% | 79.97% |
Utilities | 2.76% | 0.00% | 15.84% | 49.59% |
Real Estate | 1.89% | 0.00% | 20.42% | 64.88% |
Basic Materials | 1.87% | 0.00% | 23.31% | 74.62% |
Energy | 1.15% | 0.00% | 19.63% | 69.48% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | KPLCX % Rank | |
---|---|---|---|---|
US | 94.80% | 0.00% | 145.73% | 63.75% |
Non US | 3.25% | 0.00% | 62.26% | 36.45% |
KPLCX - Expenses
Operational Fees
KPLCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.30% | 0.01% | 20.53% | 85.21% |
Management Fee | 0.24% | 0.00% | 2.00% | 20.37% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.95% | 7.65% |
Sales Fees
KPLCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
KPLCX 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.
KPLCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 45.00% | 0.00% | 451.00% | 60.22% |
KPLCX - Distributions
Dividend Yield Analysis
KPLCX | Category Low | Category High | KPLCX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.93% | 0.00% | 4.04% | 24.43% |
Dividend Distribution Analysis
KPLCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
KPLCX | Category Low | Category High | KPLCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.48% | -3.04% | 3.34% | 34.29% |
Capital Gain Distribution Analysis
KPLCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2018 | $0.193 | |
Dec 28, 2017 | $0.174 | |
Dec 29, 2016 | $0.170 | |
Dec 30, 2015 | $0.147 | |
Dec 30, 2014 | $0.155 |
KPLCX - Fund Manager Analysis
Managers
Nevin Chitkara
Start Date
Tenure
Tenure Rank
Jan 10, 2014
6.89
6.9%
Nevin Chitkara is an investment officer of MFS Investment Management (MFS®) and a portfolio manager of the firm's value, total return, and global total return portfolios. Prior to being named portfolio manager in 2006, Nevin was an equity research analyst specializing in the business services, cellular telephone, and telephone services industries. Nevin joined MFS in 1997. Previously, he served on the corporate audit and business development staffs of General Electric Co.
Gregory Allen
Start Date
Tenure
Tenure Rank
Jan 10, 2014
6.89
6.9%
Gregory C. Allen, CEO, Chief Research Officer, Co-Portfolio Manager President and Director of Research. As President, Greg is responsible for overseeing Callan's Fund Sponsor Consulting Group, the Trust Advisory Group, and all of the firm's research groups which include: Global Manager Research, Alternative Investment Research, Capital Market Research, Database, Client Report Services, and Operations. Greg is also a member of Callan's Management Committee, the Alternatives Review Committee, and the Client Policy Review Committee. He is also a member of the Investment Committee which has oversight responsibility for all of Callan's discretionary multi-manager solutions. Greg joined the San Francisco Office of Callan Associates in 1988 as an analyst in the Capital Markets Research Group where he focused on capital market research, quantitative analysis, product development, and asset allocation liability analysis. In 1993, Greg took over the Operations and Capital Markets Research groups. He has managed a wide variety of projects for Callan, including the development of the firm's performance measurement service, the development of Callan's web site and web-based performance reporting capabilities, and the development and launch of Callan's PEP for Windows software. In 2000, Greg was promoted to Manager of Specialty Consulting (Now Director of Research) and in 2007 was promoted to President. Greg is a shareholder with the firm. Greg earned an M.S. in Applied Economics and a B.A. in Economics (Honors, Phi Beta Kappa) from the University of California at Santa Cruz. He is a frequent speaker on investment related topics, and has numerous publications. These include "Performance Attribution for Global Portfolios" published in the Fall 1991 issue of the Journal of Portfolio Management, "The Active Premium in Small-Cap U.S. Equities" published in the Spring 2005 issue of the Journal of Portfolio Management, and "Does Size Matter?" published in the Spring 2007 issue of the Journal of Portfolio Management.
Ivan (Butch) Cliff
Start Date
Tenure
Tenure Rank
Sep 05, 2014
6.24
6.2%
Ivan "Butch" Cliff, CFA, is an Executive Vice President and Director of Investment Research and Co-Portfolio Manager of the Adviser. Mr. Cliff has been with the Callan Associates Inc for 25 years and has 30 years of investment industry experience.
Michael Feehily
Start Date
Tenure
Tenure Rank
May 01, 2015
5.59
5.6%
Mr. Feehily, CFA, is a Managing Director of SSGA and the Adviser and Co-Head of Passive Equity Strategies in North America in the Global Equity Beta Solutions Group. In this capacity, Mr. Feehily has oversight of the North American Passive Equity teams in Boston and Montreal. In addition, Mr. Feehily is a member of the Senior Management Group. Mr. Feehily rejoined SSgA in 2010 after spending the previous four years at State Street Global Markets LLC where he helped to build the Exposure Solutions business.
Andrea Frazzini
Start Date
Tenure
Tenure Rank
Sep 28, 2015
5.18
5.2%
Andrea is a Principal on AQR’s Global Stock Selection team, focusing on research and portfolio management of the Firm’s Long/Short and Long-Only equity strategies. He is also an Adjunct Professor of Finance at New York University’s Stern School of Business. He has published in top academic journals and won several awards for his research, including the Smith Breeden Award, the Fama-DFA award, the BGI best paper award, several Bernstein Fabozzi/Jacobs Levy Awards, and the PanAgora Crowell Memorial Prize. Prior to AQR in 2008, Andrea was an associate professor of finance at the University of Chicago’s Graduate School of Business and a Research Associate at the National Bureau of Economic Research. He also served as a consultant for DKR Capital Partners and J.P. Morgan Securities and on the board of directors of the Center for Research in Security Prices at the University of Chicago. He earned a B.S. in economics from the University of Roma Tre, an M.S. in economics from the London School of Economics and a Ph.D. in economics from Yale University.
George Mussalli
Start Date
Tenure
Tenure Rank
Sep 28, 2015
5.18
5.2%
George Mussalli, CFA, Portfolio Manager, is the Chief Investment Officer and Head of Research, Equity at PanAgora. He is responsible for oversight of the firm’s Dynamic, Stock Selector, and Diversified Arbitrage strategies, as well as the Equity team’s Data Infrastructure, Portfolio Construction, Portfolio Strategy and Trading teams. He joined PanAgora in June 2004.
Michele Aghassi
Start Date
Tenure
Tenure Rank
Sep 28, 2015
5.18
5.2%
Michele Aghassi is a Principal at AQR Capital Management, where she serves as a portfolio manager for the firm's equity strategies. Throughout her tenure at AQR, she has been a leader in research and strategy development, contributing to the advancement of the stock selection investment process. She played a key role in launching the firm’s emerging equities strategy in 2008 and developed the proprietary robust optimization technology that AQR uses to build portfolios. In addition to her responsibilities at AQR, she serves on the Editorial Advisory Board of The Journal of Portfolio Management. Earlier in her career, Michele worked as a quantitative analyst in the proprietary equities department of D.E. Shaw & Co. Michele graduated magna cum laude from Brown University with a B.Sc. in applied mathematics and subsequently earned a Ph.D. in operations research from the Massachusetts Institute of Technology, where she was a National Science Foundation Graduate Research Fellow and an MIT Presidential Graduate Fellow.
Taymour Tamaddon
Start Date
Tenure
Tenure Rank
Jan 01, 2017
3.92
3.9%
Taymour Tamaddon is a portfolio manager of the US Large-Cap Growth Equity Strategy in the US Equity Division of T. Rowe Price. Mr. Tamaddon also is a vice president and a member of the Investment Advisory Committee for the Growth Stock strategy.
Lars Nielsen
Start Date
Tenure
Tenure Rank
May 01, 2020
0.58
0.6%
Nielsen is a Principal of AQR Capital Management. Mr. Nielsen joined AQR in 2000 and currently serves as the co-head of portfolio management, research, risk and trading. He earned a B.Sc. and an M.Sc. in economics from the University of Copenhagen. Prior to joining the Adviser in 2000, he was an Analyst in the Quantitative Research Group of Danske Invest.
Ronen Israel
Start Date
Tenure
Tenure Rank
May 01, 2020
0.58
0.6%
Ronen Israel, M.A., is a Principal of AQR Capital Management. Mr. Israel joined AQR Capital Management in 1999, is the Co-Head of Portfolio Management, Research, Risk and Trading and is a member of the firm’s Executive Committee. Prior to joining AQR, Ronen was a Senior Analyst at Quantitative Financial Strategies, Inc., a quantitative investment management firm, specializing in currencies and global macro strategies, with $2.5 billion under management. Before that, he worked as a management consultant, specializing in building out financial systems for financial services firms. Ronen received an MA in Mathematics, specializing in mathematical finance, from Columbia University, a BS in Economics from The Wharton School at the University of Pennsylvania and a BAS in Biomedical Science from the School of Engineering and Applied Science at the University of Pennsylvania.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 41.94 | 6.37 | 0.92 |