Fund Evaluator:

Knights of Columbus U.S. All Cap Idx I Overview

Knights of Columbus U.S. All Cap Idx I (KCXIX) is a passively managed U.S. Equity Large Blend fund. Knights of Columbus Asset Advisors launched the fund in 2019.

The investment seeks investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg U.S. 3000 Catholic Values Index. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities included in the index and other instruments with economic characteristics similar to such securities.

About Knights of Columbus U.S. All Cap Idx I (KCXIX)

There are 3 members of the management team with an average tenure of 6.09 years: Matthew Malgari (2019), Sanjeev Bhojraj (2019), Nathan Przybylo (2021). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: Bloomberg US 3000 TR USD index with a weighting of 100% and Bloomberg US 3000 Catholic Values TR USD index with a weighting of 100%. Knights of Columbus U.S. All Cap Idx I has 2766 securities in its portfolio. The top 10 holdings constitute 34.2% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Knights of Columbus U.S. All Cap Idx I is part of the Equity global asset class and is within the U.S. Equity fund group. Knights of Columbus U.S. All Cap Idx I has 0.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 96.8%. There is 0.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.1% (0.1% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Knights of Columbus U.S. All Cap Idx I has 2.5% of the portfolio in cash.

Assets Under Management

The fund has $363 million in total assets, which is below the $6 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

KCXIX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Knights of Columbus U.S. All Cap Idx I expense ratio is below average compared to funds in the Large Blend category. Knights of Columbus U.S. All Cap Idx I has an expense ratio of 0.25%, which is 69% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Knights of Columbus U.S. All Cap Idx I has a portfolio turnover rate of 13%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 48% for the Large Blend category.

Recently, in the month of July 2026, Knights of Columbus U.S. All Cap Idx I returned -1.2%, which earned it a grade of F, as the Large Blend category had an average return of 0.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Knights of Columbus U.S. All Cap Idx I has a trailing yield of 0.83%, which is above the 0.56% category average. The fund normally distributes its income quarterly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Knights of Columbus U.S. All Cap Idx I Grades

Year to date, the fund has returned 9.7%, 0.4 percentage points better than the category, which translates into a grade of C. The fund has returned 18.0% over the past year (grade of C), 18.9% over the past three years (grade of B) and 11.9% per year over the past five years (grade of C).

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