KCLIX

About KCLIX

Knights of Columbus Limited Duration Fund I Shares is an actively managed mutual fund focused on U.S. fixed income with an emphasis on **current income and capital preservation**. Under normal conditions, it invests at least 80% of assets in bonds, primarily from U.S. issuers and **investment‑grade** securities, while retaining the flexibility to hold a limited portion of **below‑investment‑grade** debt as opportunities arise. The portfolio targets an **average duration aligned with the Bloomberg 1–3 Year U.S. Government/Credit Index**, generally keeping interest rate sensitivity in the short end of the curve. Classified in the **Short‑Term Bond** category, it typically spans 1.0 to 3.5 years in duration, appealing to investors who prioritize lower rate volatility relative to longer‑duration strategies. The fund’s role in the market is to provide a conservative core bond allocation that seeks steady income, modest total return, and ballast against equity risk, and it is also utilized as a building block within the organization’s broader asset allocation solutions and target‑date glide paths.