Overview
Description of Firm
Kingsbarn Capital Management, LLC (“KCM”) is a registered investment adviser headquartered in Las
Vegas, Nevada. KCM is organized as a limited liability company under the laws of the State of
Nevada. KCM was created in July 2021 and has been providing investment advisory services since
November 2021. KCM is a wholly owned subsidiary of Kingsbarn Realty Capital which is wholly
owned by Jeffrey A. Pori. All material business decisions concerning the operations of Kingsbarn
Capital Management are decided by a majority of the Board of Managers that includes Jeffrey A. Pori,
Founder and CEO of Kingsbarn Realty Capital, James J. Fowler, Chief Executive Officer and Chief
Investment Officer of Kingsbarn Capital Management, and Steven Ruoff, KDRN Portfolio Manager.
Mr. Fowler has been delegated, by the Board of Managers, oversight of the day-to-day operations of
KCM.
Currently, KCM manages (a) an ETF (“KDRN”) that invests in fixed income-related ETFs and U.S.
treasury futures; and (b) an ETF (“DVDN”) that invests in publicly
listed equities issued by residential
mortgage REITs, commercial mortgage REITs, and Business Development Companies.
KDRN is managed on a day-to-day basis by Steven Ruoff via a consulting agreement between the
portfolio manager’s firm (which is wholly owned by the portfolio manager) and KCM. DVDN is co-
managed by James Fowler and Ignatius Chiang who are both employees of KCM.
Each fund has its own investment objectives set forth in the respective fund's offering materials. KCM
provides investment advisory and management services to each of the funds. Furthermore, the funds
are advised and managed by KCM in accordance with each fund’s investment objectives and
restrictions. Any individual considering an investment in either fund should consult an investment
professional to determine their investment suitability.
Assets Under Management
As of December 31, 2023, KCM provides continuous management services for $2,235,725.69 in client
assets on a discretionary basis, and $0 in client assets on a non-discretionary basis.