Form N-CSR Cover
Form N-CSR Cover | 12 Months Ended |
Jun. 30, 2024 | |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | Managed Portfolio Series |
Entity Central Index Key | 0001511699 |
Entity Investment Company Type | N-1A |
Document Period End Date | Jun. 30, 2024 |
Shareholder Report
Shareholder Report | 12 Months Ended |
Jun. 30, 2024 USD ($) $ / shares | |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | Managed Portfolio Series |
Entity Central Index Key | 0001511699 |
Entity Investment Company Type | N-1A |
Document Period End Date | Jun. 30, 2024 |
Institutional Class | |
Shareholder Report [Line Items] | |
Fund Name | LK Balanced Fund |
Class Name | Institutional Class |
Trading Symbol | LKBLX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the LK Balanced Fund for the period of July 1, 2023, to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://lkfunds.com/#literature . You can also request this information by contacting us at 1-855-698-1378 . |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred during the reporting period. |
Additional Information Phone Number | 1-855-698-1378 |
Additional Information Website | https://lkfunds.com/#literature |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment) Class Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Institutional Class $105 1.00% |
Expenses Paid, Amount | $ 105 |
Expense Ratio, Percent | 1% |
Factors Affecting Performance [Text Block] | HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE? The past 12 months began with an approximate four-month decline in equity markets followed by eight months of strong market performance. A crucial driver was the monetary policy set by the Federal Reserve as market sentiment was shaped by the central bank’s efforts to manage inflation. This stabilization and the hope for an impending reduction in the target federal funds rate seemed to have switched the market into risk-on mode causing equity prices and valuations to expand rapidly. Another factor driving equity markets was corporate earnings growth, particularly in the technology sector. Companies like Microsoft, Apple, and Nvidia reported strong earnings, driven by advancements in artificial intelligence and cloud computing. This sector’s robust performance helped lift the overall market, contributing significantly to the gains seen in major indices like the S&P 500. Outside the very top holdings in the S&P 500 performance was more muted. The further down the market capitalization scale you went, the lesser the performance for the period. As always, geopolitical developments and macroeconomic factors impacted markets Overall the continued easing of supply chain disruptions provided a more favorable environment for businesses. Furthermore, consumer spending remained strong, bolstered by a tight labor market and rising wages. These factors collectively created a supportive backdrop for equity markets, allowing them to navigate through periods of global uncertainty and achieve overall positive performance. Top Contributors ↑ Texas Pacific Land (TPL) ↑ Phillips 66 (PSX) ↑ Microsoft (MSFT) Top Detractors ↓ Hershey Company (HSY) ↓ LKQ Corp (LKQ) ↓ Pfizer Inc (PFE) |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | ANNUAL AVERAGE TOTAL RETURN (%) 1 Year 5 Year 10 Year Institutional Class (without sales charge) 10.55 7.94 6.37 S&P 500 TR 24.56 15.05 12.86 Bloomberg US Aggregate Bond Index 2.63 -0.23 1.35 Lipper Balanced Funds Index 12.57 7.26 6.52 |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit https://lkfunds.com/#literature for more recent performance information. Visit https://lkfunds.com/#literature for more recent performance information. |
Net Assets | $ 29,776,354 |
Holdings Count | $ / shares | 56 |
Advisory Fees Paid, Amount | $ 80,342 |
Investment Company Portfolio Turnover | 16% |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of June 30, 2024) Net Assets $29,776,354 Number of Holdings 56 Net Advisory Fee $80,342 Portfolio Turnover 16% |
Holdings [Text Block] | Top 10 Issuers (%) United States Treasury Note/Bond 6.6% Berkshire Hathaway 5.4% Texas Pacific Land 4.8% Microsoft 4.3% Arthur J. Gallagher 3.5% Phillips 66 3.0% Thermo Fisher Scientific 3.0% Aflac 2.7% Alphabet 2.5% HCA Healthcare, Inc. 2.4% |
Updated Prospectus Web Address | https://lkfunds.com/#literature |
Shareholder Report, Line Graph
Shareholder Report, Line Graph (Details) - USD ($) | 12 Months Ended | ||||||||||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2014 | |
Institutional Class | |||||||||||
Account Value [Line Items] | |||||||||||
Account Value | $ 92,733 | $ 83,883 | $ 75,746 | $ 81,884 | $ 58,770 | $ 63,275 | $ 58,018 | $ 51,551 | $ 47,655 | $ 47,225 | $ 50,000 |
S&P 500 TR [Member] | |||||||||||
Account Value [Line Items] | |||||||||||
Line Graph and Table Measure Name | S&P 500 TR | ||||||||||
Account Value | $ 167,603 | 134,560 | 112,514 | 125,877 | 89,405 | 83,164 | 75,318 | 65,852 | 55,856 | 53,711 | 50,000 |
Bloomberg US Aggregate Bond Index [Member] | |||||||||||
Account Value [Line Items] | |||||||||||
Line Graph and Table Measure Name | Bloomberg US Aggregate Bond Index | ||||||||||
Account Value | $ 57,152 | 55,687 | 56,214 | 62,664 | 62,873 | 57,820 | 53,602 | 53,816 | 53,985 | 50,929 | 50,000 |
Lipper Balanced Funds Index [Member] | |||||||||||
Account Value [Line Items] | |||||||||||
Line Graph and Table Measure Name | Lipper Balanced Funds Index | ||||||||||
Account Value | $ 94,045 | $ 83,547 | $ 76,829 | $ 87,040 | $ 68,838 | $ 66,253 | $ 62,042 | $ 57,976 | $ 52,327 | $ 51,557 | $ 50,000 |
Shareholder Report, Average Ann
Shareholder Report, Average Annual Return (Details) | 12 Months Ended | 60 Months Ended | 120 Months Ended |
Jun. 30, 2024 | Jun. 30, 2024 | Jun. 30, 2024 | |
Without Sales Load [Member] | Institutional Class | |||
Average Annual Return [Line Items] | |||
Line Graph and Table Measure Name | Institutional Class (without sales charge) | ||
Average Annual Return, Percent | 10.55% | 7.94% | 6.37% |
S&P 500 TR [Member] | |||
Average Annual Return [Line Items] | |||
Line Graph and Table Measure Name | S&P 500 TR | ||
Average Annual Return, Percent | 24.56% | 15.05% | 12.86% |
Bloomberg US Aggregate Bond Index [Member] | |||
Average Annual Return [Line Items] | |||
Line Graph and Table Measure Name | Bloomberg US Aggregate Bond Index | ||
Average Annual Return, Percent | 2.63% | (0.23%) | 1.35% |
Lipper Balanced Funds Index [Member] | |||
Average Annual Return [Line Items] | |||
Line Graph and Table Measure Name | Lipper Balanced Funds Index | ||
Average Annual Return, Percent | 12.57% | 7.26% | 6.52% |
Shareholder Report, Holdings (D
Shareholder Report, Holdings (Details) - Institutional Class | Jun. 30, 2024 |
United States Treasury Note/Bond [Member] | |
Holdings [Line Items] | |
Percent of Total Investments | 6.60% |
Berkshire Hathaway [Member] | |
Holdings [Line Items] | |
Percent of Total Investments | 5.40% |
Texas Pacific Land [Member] | |
Holdings [Line Items] | |
Percent of Total Investments | 4.80% |
Microsoft [Member] | |
Holdings [Line Items] | |
Percent of Total Investments | 4.30% |
Arthur J. Gallagher [Member] | |
Holdings [Line Items] | |
Percent of Total Investments | 3.50% |
Phillips 66 [Member] | |
Holdings [Line Items] | |
Percent of Total Investments | 3% |
Thermo Fisher Scientific [Member] | |
Holdings [Line Items] | |
Percent of Total Investments | 3% |
Aflac [Member] | |
Holdings [Line Items] | |
Percent of Total Investments | 2.70% |
Alphabet [Member] | |
Holdings [Line Items] | |
Percent of Total Investments | 2.50% |
HCA Healthcare, Inc. [Member] | |
Holdings [Line Items] | |
Percent of Total Investments | 2.40% |
Common Stocks [Member] | |
Holdings [Line Items] | |
Percent of Total Investments | 67.60% |
Corporate Bonds [Member] | |
Holdings [Line Items] | |
Percent of Total Investments | 22.10% |
U.S. Treasury Securities [Member] | |
Holdings [Line Items] | |
Percent of Total Investments | 6.60% |
U.S. Government Agency Issues [Member] | |
Holdings [Line Items] | |
Percent of Total Investments | 3.40% |
Short-Term Investments [Member] | |
Holdings [Line Items] | |
Percent of Total Investments | 0.20% |
Cash & Other [Member] | |
Holdings [Line Items] | |
Percent of Total Investments | 0.10% |