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Trending ETFs

KFA Large Cap Quality Dividend Index ETF

ETF
KLCD
Payout Change
Pending
Price as of:
$29.3 +0.0 +0.0%
primary theme
N/A
KLCD (ETF)

KFA Large Cap Quality Dividend Index ETF

Payout Change
Pending
Price as of:
$29.3 +0.0 +0.0%
primary theme
N/A
KLCD (ETF)

KFA Large Cap Quality Dividend Index ETF

Payout Change
Pending
Price as of:
$29.3 +0.0 +0.0%
primary theme
N/A

Name

As of 02/01/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$29.30

$35.1 M

8.16%

$2.39

0.41%

Vitals

YTD Return

1.6%

1 yr return

-2.5%

3 Yr Avg Return

7.6%

5 Yr Avg Return

N/A

Net Assets

$35.1 M

Holdings in Top 10

9.8%

52 WEEK LOW AND HIGH

$29.3
$28.51
$34.09

Expenses

OPERATING FEES

Expense Ratio 0.41%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 142.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 02/01/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$29.30

$35.1 M

8.16%

$2.39

0.41%

KLCD - Profile

Distributions

  • YTD Total Return 1.6%
  • 3 Yr Annualized Total Return 7.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.86%
DIVIDENDS
  • Dividend Yield 8.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    KFA Large Cap Quality Dividend Index ETF
  • Fund Family Name
    KraneShares
  • Inception Date
    Jun 11, 2019
  • Shares Outstanding
    1100074
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jonathan Shelon

Fund Description

Under normal circumstances, the Fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in instruments in its Underlying Index or in instruments that have economic characteristics similar to those in the Underlying Index. The Underlying Index is designed to measure the equity market performance of large cap companies that have increased their dividend payments over a period of ten years (subject to certain exceptions), which the Fund believes is a measure of a “quality” company. The Underlying Index is derived from the Russell 1000© Index, which is a free float-adjusted, market capitalization weighted index that utilizes a rules-based indexing methodology and includes approximately 1,000 of the largest companies in the Russell 3000© Index. The Russell 3000© Index represents approximately 98% of the investable U.S. equity market.

To be eligible for inclusion in the Underlying Index as of each annual review, securities must be components of the Russell 1000© Index, have had increasing annual per-share regular cash dividends for at least ten consecutive years (subject to certain exceptions) and have had no decrease in quarter-to-quarter dividends per share. On a quarterly basis: (1) the securities with the highest 6- and 12-month risk-adjusted price momentum values are included in the Underlying Index, (2) securities of companies with decreasing quarter-to-quarter dividends are removed from the Underlying Index, and (3) components of the Underlying Index are equal weighted.

The Fund may invest up to 20% of its assets in instruments that are not included in the Underlying Index, but that Krane believes will help the Fund track the Underlying Index. These investments may include equity securities of issuers whose securities are not components of the Underlying Index, derivative instruments (including swaps, futures, forwards, structured notes and options), other investment companies (including ETFs) and cash or cash equivalents (including money market funds). The other investment companies in which the Fund may invest may be advised, sponsored or otherwise serviced by Krane and/or its affiliates.

Although the Fund expects to replicate (or hold all components of) the Underlying Index, the Fund reserves the right to use representative sampling to track the Underlying Index. “Representative sampling” is a strategy that involves investing in a representative sample of securities that collectively have an investment profile similar to the Underlying Index.

The Fund may engage in securities lending.

To the extent the Underlying Index is concentrated in a particular industry, the Fund is expected to be concentrated in that industry. As of May 31, 2022, the Underlying Index included 124 securities of companies with a market capitalization range of $1.423 billion to $2.047 trillion and an average market capitalization of $76.182 billion. The largest sector representations in the Underlying Index were the Industrials sector (21.5%) and the Financials sector (19.5%).

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KLCD - Performance

Return Ranking - Trailing

Period KLCD Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -51.8% 22.1% 90.07%
1 Yr -2.5% -62.6% 46.9% 4.31%
3 Yr 7.6%* -28.1% 189.4% 14.75%
5 Yr N/A* -28.1% 96.7% N/A
10 Yr N/A* -16.7% 37.7% N/A

* Annualized

Return Ranking - Calendar

Period KLCD Return Category Return Low Category Return High Rank in Category (%)
2023 -8.4% -69.4% 53.7% 6.45%
2022 12.2% -94.0% 152.6% 13.47%
2021 3.1% -13.9% 183.6% 65.19%
2020 N/A -18.2% 8.9% N/A
2019 N/A -80.2% 35.2% N/A

Total Return Ranking - Trailing

Period KLCD Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -97.2% 22.1% 90.07%
1 Yr -2.5% -62.6% 67.6% 6.02%
3 Yr 7.6%* -28.1% 189.4% 16.64%
5 Yr N/A* -27.1% 96.7% N/A
10 Yr N/A* -11.5% 37.7% N/A

* Annualized

Total Return Ranking - Calendar

Period KLCD Return Category Return Low Category Return High Rank in Category (%)
2023 -8.4% -69.4% 53.7% 6.45%
2022 12.2% -94.0% 152.6% 14.00%
2021 3.1% -13.9% 183.6% 65.19%
2020 N/A -12.8% 8.9% N/A
2019 N/A -60.0% 35.2% N/A

KLCD - Holdings

Concentration Analysis

KLCD Category Low Category High KLCD % Rank
Net Assets 35.1 M 38 K 1.21 T 89.02%
Number of Holdings 126 1 4154 44.65%
Net Assets in Top 10 3.43 M 1.74 K 270 B 94.38%
Weighting of Top 10 9.79% 1.8% 100.0% 98.55%

Top 10 Holdings

  1. Eaton Vance Corp 1.31%
  2. Xilinx Inc 1.20%
  3. Albemarle Corp 1.19%
  4. Assured Guaranty Ltd 1.09%
  5. Evercore Inc A 1.06%
  6. Marathon Petroleum Corp 1.06%
  7. Reliance Steel & Aluminum Co 1.05%
  8. Parker Hannifin Corp 1.04%
  9. Northrop Grumman Corp 1.03%
  10. Qualcomm Inc 1.03%

Asset Allocation

Weighting Return Low Return High KLCD % Rank
Stocks
99.62% 0.00% 130.24% 29.70%
Cash
0.38% -102.29% 100.00% 68.27%
Preferred Stocks
0.00% 0.00% 2.23% 34.37%
Other
0.00% -13.91% 134.98% 33.90%
Convertible Bonds
0.00% 0.00% 5.54% 30.72%
Bonds
0.00% -0.04% 95.81% 31.12%

Stock Sector Breakdown

Weighting Return Low Return High KLCD % Rank
Financial Services
21.84% 0.00% 55.59% 6.17%
Industrials
18.64% 0.00% 29.90% 3.50%
Consumer Defense
9.63% 0.00% 49.14% 15.16%
Healthcare
8.39% 0.00% 60.70% 93.69%
Basic Materials
8.00% 0.00% 26.10% 3.84%
Consumer Cyclical
7.94% 0.00% 50.47% 81.89%
Utilities
7.86% 0.00% 25.44% 3.09%
Real Estate
7.33% 0.00% 37.52% 2.61%
Technology
5.23% 0.00% 48.94% 98.29%
Energy
2.80% 0.00% 41.64% 70.71%
Communication Services
2.34% 0.00% 27.94% 93.42%

Stock Geographic Breakdown

Weighting Return Low Return High KLCD % Rank
US
98.77% 0.00% 127.77% 18.06%
Non US
0.85% 0.00% 33.69% 76.79%

KLCD - Expenses

Operational Fees

KLCD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.41% 0.01% 3.53% 74.56%
Management Fee 0.40% 0.00% 2.00% 35.50%
12b-1 Fee 0.00% 0.00% 1.00% 8.47%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

KLCD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

KLCD 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.

KLCD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 142.00% 0.00% 496.00% 95.14%

KLCD - Distributions

Dividend Yield Analysis

KLCD Category Low Category High KLCD % Rank
Dividend Yield 8.16% 0.00% 14.76% 64.32%

Dividend Distribution Analysis

KLCD Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Quarterly

Net Income Ratio Analysis

KLCD Category Low Category High KLCD % Rank
Net Income Ratio 1.86% -54.00% 6.06% 1.67%

Capital Gain Distribution Analysis

KLCD Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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KLCD - Fund Manager Analysis

Managers

Jonathan Shelon


Start Date

Tenure

Tenure Rank

Jun 11, 2019

2.97

3.0%

Jonathan Shelon, Managing Partner and Chief Operating Officer at Krane, also serves as a portfolio manager of each Fund and supports Mr. Schlarbaum and Krane’s investment team with respect to each Fund. Mr. Shelon has been a portfolio manager of each Fund since August 2018 (in the case of KraneShares CSI China Internet ETF, KraneShares Electric Vehicles and Future Mobility Index ETF, KraneShares Emerging Markets Consumer Technology Index ETF, KraneShares MSCI All China Healthcare Index ETF, KraneShares MSCI All China Index ETF, KraneShares MSCI China Environment Index ETF, KraneShares MSCI One Belt One Road Index ETF and KraneShares Zacks New China ETF) or since inception (in the case of KraneShares Emerging Markets Healthcare Index ETF, KraneShares MSCI All China Consumer Discretionary Index ETF, KraneShares MSCI All China Consumer Staples Index ETF and KraneShares MSCI China A Inclusion Hedged Index ETF,). Mr. Shelon joined Krane in 2015 as a Managing Partner. Mr. Shelon has spent the majority of his career managing investment portfolios and diverse teams at leading asset management organizations. Most recently, he was the Chief Investment Officer of a 40-person global Specialized Strategies Team at J.P. Morgan with $40 billion AUM. Prior to joining J.P. Morgan, Mr. Shelon spent ten years as a portfolio manager at Fidelity Investments since 2001 where he was responsible for the investment performance, process and evolution of their target-date strategies for retirement savings, college savings and income generation. Prior to joining, he was a quantitative consultant at Callan Associates, Inc.

James Maund


Start Date

Tenure

Tenure Rank

Jan 14, 2020

2.38

2.4%

James Maund, Head of Capital Markets at Krane Funds Advisors LLC. He joined the Krane Funds Advisors in 2020 and has been in the investment management industry since 2005. Previously, he was a Vice President in the Institutional ETF Group and a member of the ETF Capital Markets Group at State Street Global Advisors (2010-2019); and an ETF trader at Goldman Sachs & Co (2005-2010). Mr. Maund graduated with a bachelor’s degree in economics from Wesleyan University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.12 2.42