Kirkland Income Fund Performance Metrics

Performance Snapshot

Trailing 12-Months

10.65%

Since Inception

58.98%

Dollar Weighted Return of the Portfolio

Past Performance is Not Indicative of Future Returns

As of November 2024

Latest 24 Month Return

Percentage Return (1.0 = 1.0%)

Monthly Return Since Inception

0%

Largest 1 Month Loss

0%

Max Peak to Valley Drawdown

(Monthly return swing from the highest to lowest)

Comparison to Traditional Asset Classes

Return Versus Public Indices

Return Versus Bonds

Footnote: Until April 2023, we used the Bloomberg U.S. Aggregate Bond Index and then switched to the SPDR® Bloomberg U.S. Aggregate Bond ETF.

Equity Like Returns with Debt Level Risk

Related Resource: “Equity Like Returns with Debt Level Risk: Dream or Reality”

Standard deviation is a statistical measurement of how far a variable, such as an investment's return, moves above or below its average (mean) return. An investment with high volatility is considered riskier than an investment with low volatility; the higher the standard deviation, the higher the risk. The lower the standard deviation (closer to 0), the lower the risk.

Correlation 
April 2020 to November 2024

It is the statistical measure that indicates the strength of a linear relationship between two or more variables. Understanding the relationships or correlations between the investments in your portfolio is foundational in determining if you are diversified enough

-1 = Inverse Correlation, 0 = No Correlation, 1 = Positive Correlation

KIF Correlation to Indices

-0.32

S&P 500 TR Index

-0.08

SPDR Bloomberg Aggregate Bond ETF

-0.24

MSCI US REIT Index

-0.43

MSTR Levered Loans

Indices Correlations

S&P 500 TR Index to:

0.64

SPDR Bloomberg Aggregate Bond ETF

0.87

MSCI US REIT Index

0.60

MSTR Levered Loans

SPDR Bloomberg Aggregate Bond ETF to:

0.37

MSTR Levered Loans

0.66

MSCI US REIT Index

MSCI US REIT Index to:

0.53

MSTR Levered Loans

Diversified and Conservative Portfolio

Property Loan Type

Geographical Loan Distribution

November Portfolio Metrics

58.38%

Weighted Average Loan-To-Value (LTV)

7.15 Months

Weighted Average Maturity

Kirkland Income Fund Investment Calculator

This calculator can be used to compute the potential future value of your investment in the Kirkland Income Fund. Input the required information into the fields in the calculator, and press "Calculate" once you are done.

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