The Kensington Managed Income Fund Institutional Class (KAMIX) is a mutual fund that focuses on generating income for investors through a professionally managed portfolio of various securities. This fund is designed for institutional investors and aims to provide a steady stream of income while also preserving capital. KAMIX may invest in a variety of fixed-income securities, such as bonds and money market instruments, as well as dividend-paying stocks. With a focus on income generation, this fund may be suitable for investors seeking a more conservative investment option.