KP Retirement Path 2030 Institutional
Name
As of 11/16/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.8%
1 yr return
5.2%
3 Yr Avg Return
5.5%
5 Yr Avg Return
7.2%
Net Assets
$1.51 B
Holdings in Top 10
98.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.06%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 12.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/16/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
KPRDX - Profile
Distributions
- YTD Total Return 8.8%
- 3 Yr Annualized Total Return 5.5%
- 5 Yr Annualized Total Return 7.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.33%
- Dividend Yield 2.2%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameKP Retirement Path 2030 Fund
-
Fund Family NameKP Funds
-
Inception DateJan 10, 2014
-
Shares Outstanding130659998
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerGregory Allen
Fund Description
KPRDX - Performance
Return Ranking - Trailing
| Period | KPRDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.8% | 0.9% | 12.8% | 36.77% |
| 1 Yr | 5.2% | -1.3% | 10.8% | 50.67% |
| 3 Yr | 5.5%* | 1.5% | 7.7% | 42.71% |
| 5 Yr | 7.2%* | 3.8% | 8.3% | 38.76% |
| 10 Yr | N/A* | 4.3% | 9.3% | N/A |
* Annualized
Return Ranking - Calendar
| Period | KPRDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.6% | 0.0% | 18.9% | 67.30% |
| 2022 | -11.4% | -20.5% | -6.3% | 42.55% |
| 2021 | 12.7% | -16.1% | 16.1% | 51.70% |
| 2020 | 4.1% | -0.1% | 7.4% | 43.51% |
| 2019 | -3.4% | -12.7% | -1.0% | 13.08% |
Total Return Ranking - Trailing
| Period | KPRDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.8% | 0.9% | 12.8% | 36.77% |
| 1 Yr | 5.2% | -6.1% | 10.8% | 45.95% |
| 3 Yr | 5.5%* | 0.1% | 7.7% | 38.58% |
| 5 Yr | 7.2%* | 2.8% | 8.3% | 35.80% |
| 10 Yr | N/A* | 4.3% | 9.3% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | KPRDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.6% | 0.0% | 18.9% | 67.30% |
| 2022 | -5.2% | -20.5% | -4.2% | 5.32% |
| 2021 | 16.9% | -16.1% | 22.7% | 33.52% |
| 2020 | 7.4% | -0.1% | 10.8% | 26.62% |
| 2019 | -0.9% | -12.7% | 0.8% | 22.31% |
NAV & Total Return History
KPRDX - Holdings
Concentration Analysis
| KPRDX | Category Low | Category High | KPRDX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.51 B | 127 K | 41.1 B | 30.51% |
| Number of Holdings | 14 | 1 | 520 | 70.82% |
| Net Assets in Top 10 | 1.4 B | 84.5 K | 40.7 B | 30.90% |
| Weighting of Top 10 | 98.02% | 41.8% | 100.0% | 25.46% |
Top 10 Holdings
- KP Large Cap Equity Institutional 32.10%
- KP Fixed Income Institutional 25.75%
- KP International Equity Institutional 18.32%
- KP Small Cap Equity Institutional 8.74%
- Vanguard Short-Term Bond Idx InstlPls 3.62%
- Vanguard Inflation-Protected Secs I 2.83%
- Vanguard Shrt-Term Infl-Prot Sec Idx Ins 2.68%
- DFA Real Estate Securities I 1.95%
- T. Rowe Price New Era I 1.03%
- DFA International Real Estate Sec I 1.00%
Asset Allocation
| Weighting | Return Low | Return High | KPRDX % Rank | |
|---|---|---|---|---|
| Stocks | 62.54% | 30.82% | 76.40% | 52.36% |
| Bonds | 33.89% | 8.18% | 80.15% | 45.06% |
| Cash | 3.16% | -40.71% | 12.78% | 63.52% |
| Convertible Bonds | 0.27% | 0.00% | 1.34% | 60.52% |
| Other | 0.12% | -0.56% | 30.16% | 39.48% |
| Preferred Stocks | 0.01% | 0.00% | 1.18% | 57.94% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | KPRDX % Rank | |
|---|---|---|---|---|
| Technology | 16.99% | 11.10% | 23.52% | 82.83% |
| Healthcare | 14.18% | 10.70% | 17.68% | 27.90% |
| Financial Services | 13.55% | 10.22% | 17.19% | 51.50% |
| Industrials | 11.92% | 8.16% | 14.55% | 19.31% |
| Consumer Cyclical | 9.67% | 9.21% | 13.56% | 90.13% |
| Communication Services | 8.15% | 6.00% | 10.62% | 67.81% |
| Consumer Defense | 7.36% | 5.57% | 12.44% | 62.66% |
| Real Estate | 7.29% | 1.90% | 13.34% | 23.61% |
| Basic Materials | 4.61% | 2.60% | 7.01% | 35.62% |
| Utilities | 3.62% | 0.81% | 4.97% | 21.03% |
| Energy | 2.67% | 1.58% | 4.03% | 50.21% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | KPRDX % Rank | |
|---|---|---|---|---|
| US | 41.40% | 8.92% | 58.14% | 41.20% |
| Non US | 21.14% | 6.69% | 33.96% | 60.94% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | KPRDX % Rank | |
|---|---|---|---|---|
| Government | 43.71% | 13.86% | 79.93% | 19.74% |
| Corporate | 26.10% | 0.12% | 53.82% | 56.65% |
| Securitized | 20.74% | 0.00% | 39.37% | 35.62% |
| Cash & Equivalents | 9.02% | 0.99% | 40.96% | 79.83% |
| Municipal | 0.38% | 0.00% | 6.42% | 41.63% |
| Derivative | 0.06% | 0.00% | 32.54% | 42.92% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | KPRDX % Rank | |
|---|---|---|---|---|
| US | 29.83% | 5.25% | 51.14% | 38.63% |
| Non US | 4.06% | 0.31% | 54.15% | 59.66% |
KPRDX - Expenses
Operational Fees
| KPRDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.06% | 0.01% | 37.24% | 94.88% |
| Management Fee | 0.01% | 0.00% | 0.83% | 31.33% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.40% | 5.61% |
Sales Fees
| KPRDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| KPRDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | 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.
| KPRDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 12.00% | 0.00% | 117.00% | 11.69% |
KPRDX - Distributions
Dividend Yield Analysis
| KPRDX | Category Low | Category High | KPRDX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.15% | 0.00% | 2.93% | 2.97% |
Dividend Distribution Analysis
| KPRDX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| KPRDX | Category Low | Category High | KPRDX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.33% | -0.16% | 6.43% | 21.62% |
Capital Gain Distribution Analysis
| KPRDX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 31, 2018 | $0.280 | |
| Dec 29, 2017 | $0.272 | |
| Jan 03, 2017 | $0.018 | |
| Dec 30, 2016 | $0.185 | |
| Dec 31, 2015 | $0.221 | |
| Dec 31, 2014 | $0.264 |
KPRDX - Fund Manager Analysis
Managers
Gregory Allen
Start Date
Tenure
Tenure Rank
Jan 10, 2014
6.81
6.8%
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
6.16
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.
Mark Andersen
Start Date
Tenure
Tenure Rank
May 01, 2018
2.5
2.5%
Mark Andersen, is a Senior Vice President and Co-Portfolio Manager of Callan LLC. Mr. Andersen has been with the Adviser for 11 years.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.2 | 18.1 | 5.38 | 0.83 |