Shareholder Report | 12 Months Ended |
Aug. 31, 2024 USD ($) Holdings |
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 | Aug. 31, 2024 |
ATAC Rotation Fund - Investor Class | |
Shareholder Report [Line Items] | |
Fund Name | ATAC Rotation Fund |
Class Name | Investor Class |
Trading Symbol | ATACX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at www.atacfunds.com (855-282-2386) |
Additional Information Phone Number | (855-282-2386) |
Additional Information Website | www.atacfunds.com |
Expenses [Text Block] | What were the Fund costs for the past year? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment ATAC Rotation Fund - Investor Class $212 1.84% |
Expenses Paid, Amount | $ 212 |
Expense Ratio, Percent | 1.84% |
Factors Affecting Performance [Text Block] | How did the Fund perform last year and what affected its performance? The Fund returned 30.81% for the fiscal year ended August 31, 2024 vs. 27.14% for the S&P 500® Index. The Fund’s investments rotate between U.S. Treasuries and small-caps/large-caps/emerging markets depending on the potential for near-term volatility. During the reporting period, the financial markets were affected by both Fed monetary policy expectations and the view that inflation rates were normalizing. Returns for stocks and bonds were mixed and the positive correlation within these two asset classes presented some challenges for risk management. What Factors Influenced Performance To be effective, risk rotation strategies need the appropriate expression of risk-off behavior (Treasuries) to maximize the opportunity for outperformance. In many cases, Treasuries underperformed as stocks underperformed and that prevented some risk mitigation that the Fund is designed to provide. Leveraged exposure to equities in risk-on environments where market gains broadened out proved particularly advantageous. |
Performance Past Does Not Indicate Future [Text] | The Fund's past performance is not a good indicator of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Cumulative Performance (Initial Investment of $10,000) Date ATAC Rotation Fund - Investor Class S&P 500® Total Return Index Lipper Flexible Portfolio Fund Total Return Index 8/31/14 10000 10000 10000 9/30/14 9264 9860 9763 10/31/14 9344 10101 9823 11/30/14 9439 10372 9910 12/31/14 9095 10346 9788 1/31/15 9869 10036 9777 2/28/15 9687 10612 10047 3/31/15 9928 10444 9933 4/30/15 9928 10545 10053 5/31/15 9924 10680 10074 6/30/15 9464 10474 9887 7/31/15 9672 10693 9938 8/31/15 9672 10048 9530 9/30/15 10158 9799 9291 10/31/15 9880 10626 9740 11/30/15 9983 10657 9689 12/31/15 9252 10489 9541 1/31/16 8400 9969 9184 2/29/16 8550 9955 9181 3/31/16 9522 10631 9630 4/30/16 9617 10672 9762 5/31/16 9347 10864 9791 6/30/16 9654 10892 9818 7/31/16 9767 11293 10112 8/31/16 9848 11309 10139 9/30/16 9778 11311 10201 10/31/16 9369 11105 10066 11/30/16 9742 11516 10105 12/31/16 10045 11744 10224 1/31/17 10579 11967 10444 2/28/17 10973 12442 10662 3/31/17 10813 12456 10742 4/30/17 10948 12584 10877 5/31/17 10754 12761 11023 6/30/17 11003 12841 11065 7/31/17 11211 13105 11268 8/31/17 11496 13145 11309 9/30/17 12176 13416 11442 10/31/17 12311 13729 11576 11/30/17 12256 14150 11703 12/31/17 12751 14308 11805 1/31/18 14091 15127 12193 2/28/18 12418 14569 11835 3/31/18 12501 14199 11746 4/30/18 12327 14254 11787 5/31/18 13242 14597 11833 6/30/18 13353 14687 11824 7/31/18 13016 15233 12054 8/31/18 13084 15730 12102 9/30/18 13013 15819 12116 10/31/18 11383 14738 11505 11/30/18 10892 15038 11625 12/31/18 11291 13680 11085 1/31/19 12489 14777 11756 2/28/19 12048 15251 11979 3/31/19 11483 15547 12126 4/30/19 11784 16177 12406 5/31/19 11928 15149 11964 6/30/19 12617 16217 12520 7/31/19 12209 16450 12552 8/31/19 12501 16189 12449 9/30/19 12197 16492 12561 10/31/19 12109 16849 12743 11/30/19 12064 17461 12986 12/31/19 12164 17988 13304 1/31/20 13203 17981 13257 2/29/20 13926 16501 12638 3/31/20 13975 14463 11201 4/30/20 16469 16317 12157 5/31/20 17407 17094 12653 6/30/20 17427 17434 13201 7/31/20 19291 18417 13747 8/31/20 19242 19740 14258 9/30/20 18094 18990 13988 10/31/20 18005 18485 13533 11/30/20 18875 20509 14747 12/31/20 20984 21297 15301 1/31/21 21953 21082 15245 2/28/21 21505 21664 15605 3/31/21 20609 22612 15920 4/30/21 20989 23819 16445 5/31/21 20851 23986 16648 6/30/21 19736 24546 16757 7/31/21 19704 25129 16875 8/31/21 19722 25893 17177 9/30/21 18501 24688 16681 10/31/21 19521 26418 17282 11/30/21 18227 26235 16899 12/31/21 18771 27411 17391 1/31/22 18076 25992 16715 2/28/22 17696 25214 16380 3/31/22 17234 26150 16477 4/30/22 15931 23870 15405 5/31/22 15739 23914 15483 6/30/22 14020 21940 14487 7/31/22 14701 23963 15264 8/31/22 13782 22986 14768 9/30/22 12854 20869 13685 10/31/22 13947 22558 14299 11/30/22 14523 23819 15198 12/31/22 13928 22446 14750 1/31/23 15090 23857 15540 2/28/23 14660 23275 15110 3/31/23 12762 24129 15342 4/30/23 12973 24506 15474 5/31/23 12996 24612 15271 6/30/23 13380 26239 15767 7/31/23 13608 27082 16248 8/31/23 12406 26650 15982 9/30/23 11990 25380 15478 10/31/23 11391 24846 15130 11/30/23 12355 27115 16007 12/31/23 14221 28347 16708 1/31/24 13636 28824 16704 2/29/24 14047 30363 16976 3/31/24 14354 31339 17438 4/30/24 13531 30059 16964 5/31/24 13887 31550 17443 6/30/24 14413 32682 17577 7/31/24 15689 33080 17985 8/31/24 16228 33882 18271 |
Average Annual Return [Table Text Block] | Annual Performance Annualized Returns for the Periods Ended August 31, 2024 1 Year 5 Year 10 Year ATAC Rotation Fund - Investor Class 30.81% 5.36% 4.96% S&P 500® Index 27.14% 15.92% 12.98% Lipper Flexible Portfolio Fund Index 14.32% 7.98% 6.21% |
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 www.atacfunds.com for more recent performance information. |
Net Assets | $ 56,800,000 |
Holdings Count | Holdings | 6 |
Advisory Fees Paid, Amount | $ 414,119 |
Investment Company, Portfolio Turnover | 2,155% |
Additional Fund Statistics [Text Block] | Key Fund Statistics (as of August 31, 2024 ) Fund Size (Millions) $56.8 Number of Holdings 6 Total Advisory Fee Paid $414,119 Annual Portfolio Turnover 2,155 |
Holdings [Text Block] | What did the Fund invest in? (as of August 31, 2024 ) Sector Breakdown (% of net assets) Sector % Exchange-Traded Funds 0.987 Short-Term Investment & Liabilities in Excess of Other Assets 0.013 |
Largest Holdings [Text Block] | Top Holdings (% of net assets) iShares Core S&P Small-Cap Fund 34.6 Schwab U.S. Small-Cap Fund 24.7 iShares Russell 2000 Fund 14.8 Direxion Daily Small Cap Bull 3x Fund 14.7 SPDR Portfolio S&P 600 Small Cap Fund 9.9 |
Material Fund Change [Text Block] | How has the Fund changed? There were no material changes during the reporting period. |
Accountant Change Statement [Text Block] | Changes in and Disagreements with Accountants There were no changes in or disagreements with accountants. |
ATAC Rotation Fund - Institutional Class | |
Shareholder Report [Line Items] | |
Fund Name | ATAC Rotation Fund |
Class Name | Institutional Class |
Trading Symbol | ATCIX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at www.atacfunds.com (855-282-2386) |
Additional Information Phone Number | (855-282-2386) |
Additional Information Website | www.atacfunds.com |
Expenses [Text Block] | What were the Fund costs for the past year? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment ATAC Rotation Fund - Institutional Class $184 1.59 |
Expenses Paid, Amount | $ 184 |
Expense Ratio, Percent | 1.59% |
Factors Affecting Performance [Text Block] | How did the Fund perform last year and what affected its performance? The Fund returned 31.11% for the fiscal year ended August 31, 2024 vs. 27.14% for the S&P 500® Index. The Fund’s investments rotate between U.S. Treasuries and small-caps/large-caps/emerging markets depending on the potential for near-term volatility. During the reporting period, the financial markets were affected by both Fed monetary policy expectations and the view that inflation rates were normalizing. Returns for stocks and bonds were mixed and the positive correlation within these two asset classes presented some challenges for risk management. What Factors Influenced Performance To be effective, risk rotation strategies need the appropriate expression of risk-off behavior (Treasuries) to maximize the opportunity for outperformance. In many cases, Treasuries underperformed as stocks underperformed and that prevented some risk mitigation that the Fund is designed to provide. Leveraged exposure to equities in risk-on environments where market gains broadened out proved particularly advantageous. |
Performance Past Does Not Indicate Future [Text] | The Fund's past performance is not a good indicator of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Cumulative Performance (Initial Investment of $25,000) Date ATAC Rotation Fund - Institutional Class S&P 500® Index Lipper Flexible Portfolio Fund Index 3/26/18 25000 25000 25000 3/31/18 25411 24839 24969 4/30/18 25064 24934 25055 5/31/18 26933 25535 25154 6/30/18 27167 25692 25135 7/31/18 26482 26648 25624 8/31/18 26619 27517 25725 9/30/18 26482 27673 25755 10/31/18 23180 25782 24456 11/30/18 22173 26307 24712 12/31/18 23000 23932 23565 1/31/19 25443 25850 24990 2/28/19 24547 26680 25465 3/31/19 23399 27198 25778 4/30/19 24018 28299 26373 5/31/19 24319 26501 25432 6/30/19 25728 28369 26615 7/31/19 24897 28776 26682 8/31/19 25500 28320 26464 9/30/19 24889 28850 26702 10/31/19 24710 29475 27088 11/30/19 24628 30545 27605 12/31/19 24841 31467 28280 1/31/20 26964 31455 28180 2/29/20 28454 28865 26865 3/31/20 28553 25300 23811 4/30/20 33656 28543 25842 5/31/20 35582 29903 26897 6/30/20 35632 30498 28063 7/31/20 39442 32217 29223 8/31/20 39352 34533 30310 9/30/20 37014 33221 29735 10/31/20 36842 32337 28768 11/30/20 38628 35877 31349 12/31/20 42950 37257 32526 1/31/21 44944 36880 32406 2/28/21 44031 37897 33173 3/31/21 42205 39557 33842 4/30/21 42997 41668 34958 5/31/21 42727 41959 35390 6/30/21 40445 42939 35621 7/31/21 40389 43959 35873 8/31/21 40435 45295 36515 9/30/21 37939 43189 35460 10/31/21 40044 46215 36738 11/30/21 37399 45894 35924 12/31/21 38526 47951 36970 1/31/22 37101 45470 35532 2/28/22 36327 44109 34819 3/31/22 35387 45746 35027 4/30/22 32723 41757 32748 5/31/22 32331 41834 32913 6/30/22 28810 38381 30795 7/31/22 30208 41919 32447 8/31/22 28335 40210 31394 9/30/22 26426 36507 29090 10/31/22 28680 39462 30397 11/30/22 29872 41668 32307 12/31/22 28652 39267 31355 1/31/23 31055 41734 33034 2/28/23 30170 40716 32119 3/31/23 26268 42211 32613 4/30/23 26715 42870 32895 5/31/23 26761 43056 32463 6/30/23 27553 45901 33516 7/31/23 28037 47375 34540 8/31/23 25569 46621 33974 9/30/23 24712 44398 32903 10/31/23 23482 43465 32163 11/30/23 25476 47434 34027 12/31/23 29332 49589 35517 1/31/24 28130 50423 35509 2/29/24 28987 53115 36087 3/31/24 29621 54824 37068 4/30/24 27926 52585 36061 5/31/24 28671 55192 37079 6/30/24 29761 57172 37365 7/31/24 32406 57868 38231 8/31/24 33524 59272 38840 |
Average Annual Return [Table Text Block] | Annual Performance Annualized Returns for the Periods Ended August 31, 2024 1 Year 5 Year Since Inception ( 3/26/2018 ATAC Rotation Fund - Institutional Class 31.11% 5.62% 4.67% S&P 500® Index 27.14% 15.92% 14.36% Lipper Flexible Portfolio Fund Index 14.32% 7.98% 7.09% |
Performance Inception Date | Mar. 26, 2018 |
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 www.atacfunds.com for more recent performance information. |
Net Assets | $ 56,800,000 |
Holdings Count | Holdings | 6 |
Advisory Fees Paid, Amount | $ 414,119 |
Investment Company, Portfolio Turnover | 2,155% |
Additional Fund Statistics [Text Block] | Key Fund Statistics (as of August 31, 2024 ) Fund Size (Millions) $56.8 Number of Holdings 6 Total Advisory Fee Paid $414,119 Annual Portfolio Turnover 2,155 |
Holdings [Text Block] | What did the Fund invest in? (as of August 31, 2024 ) Sector Breakdown (% of net assets) Sector % Exchange-Traded Funds 0.987 Short-Term Investment & Liabilities in Excess of Other Assets 0.013 |
Largest Holdings [Text Block] | Top Holdings (% of net assets) iShares Core S&P Small-Cap Fund 34.6 Schwab U.S. Small-Cap Fund 24.7 iShares Russell 2000 Fund 14.8 Direxion Daily Small Cap Bull 3x Fund 14.7 SPDR Portfolio S&P 600 Small Cap Fund 9.9 |
Material Fund Change [Text Block] | How has the Fund changed? There were no material changes during the reporting period. |
Accountant Change Statement [Text Block] | Changes in and Disagreements with Accountants There were no changes in or disagreements with accountants. |