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Kirkland Income Fund Performance Metrics
Performance Snapshot
Trailing 12-Months
9.76%
Since Inception
66.62%
Dollar Weighted Return of the Portfolio
Past Performance is Not Indicative of Future Returns
As of May 2025
Consistent and Stable Returns
Related Resource: “The Importance of Consistent and Stable Returns in Fixed Income Investments”
Latest 24 Month Return
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 May 2025
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
-0.21
S&P 500 TR Index
0.00
SPDR Bloomberg Aggregate Bond ETF
-0.13
MSCI US REIT Index
-0.30
MSTR Levered Loans
Indices Correlations
S&P 500 TR Index to:
0.60
SPDR Bloomberg Aggregate Bond ETF
0.85
MSCI US REIT Index
0.61
MSTR Levered Loans
SPDR Bloomberg Aggregate Bond ETF to:
0.35
MSTR Levered Loans
0.64
MSCI US REIT Index
MSCI US REIT Index to:
0.53
MSTR Levered Loans
Diversified and Conservative Portfolio
Property Loan Type
Geographical Loan Distribution
Portfolio Metrics
58.99%
Weighted Average Loan-To-Value (LTV)
5.14 Months
Weighted Average Maturity
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Kirkland Income Fund Investment Calculator
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