CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund (KNGLX)
The investment seeks to track the price and yield performance, before fees and expenses, of the Cboe S&P 500® Dividend Aristocrats Target Income Index (the "index"). 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.
Fund Info
| ISIN | US98148K3344 |
|---|---|
| CUSIP | 98148K334 |
| Issuer | CBOE Vest |
| Inception Date | Sep 10, 2017 |
| Category | Derivative Income |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
KNGLX has a high expense ratio of 1.20%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund had a return of 4.25% year-to-date (YTD) and 8.98% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.25% | 9.47% |
| 1 month | 2.66% | 1.91% |
| 6 months | 13.52% | 18.36% |
| 1 year | 8.98% | 26.61% |
| 5 years (annualized) | 9.17% | 12.90% |
| 10 years (annualized) | N/A | 10.79% |
Monthly Returns
The table below presents the monthly returns of KNGLX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.56% | 2.48% | 4.71% | -4.22% | 4.25% | ||||||||
| 2023 | 3.06% | -2.26% | 0.74% | 1.98% | -5.74% | 7.70% | 2.54% | -2.19% | -5.51% | -3.40% | 5.70% | 4.72% | 6.46% |
| 2022 | -4.11% | -2.60% | 3.57% | -3.32% | 0.18% | -6.79% | 6.26% | -2.89% | -9.09% | 10.08% | 6.97% | -3.92% | -7.31% |
| 2021 | -1.97% | 2.68% | 7.10% | 4.04% | 2.46% | -1.25% | 2.04% | 1.75% | -5.60% | 5.38% | -1.78% | 7.04% | 23.24% |
| 2020 | -2.78% | -7.38% | -14.98% | 10.29% | 5.03% | 1.03% | 5.06% | 3.83% | -1.44% | -2.01% | 11.62% | 1.49% | 6.92% |
| 2019 | 5.18% | 4.59% | 1.66% | 1.57% | -5.44% | 6.92% | 0.73% | -0.60% | 2.93% | 1.70% | 2.82% | 1.86% | 26.05% |
| 2018 | 3.43% | -5.03% | -0.94% | -0.96% | 0.78% | 0.68% | 4.73% | 1.76% | 0.73% | -5.59% | 4.63% | -7.92% | -4.52% |
| 2017 | 1.20% | 1.09% | 4.30% | 1.82% | 8.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of KNGLX is 28, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
KNGLX (CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund (KNGLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund granted a 9.06% dividend yield in the last twelve months. The annual payout for that period amounted to $1.15 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $1.15 | $1.00 | $0.58 | $0.63 | $0.41 | $0.49 | $0.45 | $0.08 |
Dividend yield | 9.06% | 7.99% | 4.53% | 4.41% | 3.39% | 4.10% | 4.57% | 0.79% |
Monthly Dividends
The table displays the monthly dividend distributions for CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.11 | $0.11 | $0.11 | $0.00 | $0.33 | |||||||
| 2023 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 | $0.13 | $0.10 | $0.10 | $0.35 | $1.00 |
| 2022 | $0.00 | $0.04 | $0.05 | $0.04 | $0.04 | $0.05 | $0.02 | $0.05 | $0.05 | $0.04 | $0.04 | $0.14 | $0.58 |
| 2021 | $0.04 | $0.04 | $0.02 | $0.02 | $0.04 | $0.07 | $0.07 | $0.06 | $0.07 | $0.02 | $0.06 | $0.13 | $0.63 |
| 2020 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.41 |
| 2019 | $0.00 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.06 | $0.04 | $0.04 | $0.04 | $0.07 | $0.49 |
| 2018 | $0.01 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.09 | $0.00 | $0.08 | $0.03 | $0.04 | $0.09 | $0.45 |
| 2017 | $0.08 | $0.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund was 35.35%, occurring on Mar 23, 2020. Recovery took 141 trading sessions.
The current CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund drawdown is 2.60%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -35.35% | Jan 21, 2020 | 44 | Mar 23, 2020 | 141 | Oct 12, 2020 | 185 |
| -18.42% | Jan 5, 2022 | 186 | Sep 30, 2022 | 354 | Feb 29, 2024 | 540 |
| -15.47% | Sep 25, 2018 | 63 | Dec 24, 2018 | 66 | Apr 1, 2019 | 129 |
| -14.12% | Jan 29, 2018 | 44 | Apr 2, 2018 | 118 | Sep 18, 2018 | 162 |
| -7.21% | Oct 13, 2020 | 12 | Oct 28, 2020 | 8 | Nov 9, 2020 | 20 |
Volatility
Volatility Chart
The current CBOE Vest S&P 500 Dividend Aristocrats Target Income Fund volatility is 1.91%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.