Kinetics Market Opportunities Fund Advisor Class C (KMKCX)

Net Asset Value
1 Day
Overall Morningstar Rating
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund normally invests at least 65% of its net assets in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks of U.S. and foreign companies involved in capital markets or related to capital markets, as well as companies involved in the gaming industry. It may invest up to 20% of its total assets in convertible and non-convertible debt securities rated below investment grade, also known as junk bonds, or unrated securities which the Investment Adviser has determined to be of comparable quality. The fund is non-diversified.


1 month-7.00% 3 years+16.88%
3 months-5.43% 5 years+9.26%
1 year+2.14% Since inception+4.43%
Data through --

Peer Comparisonvs. Financial

Performance 5-yr return+9.26%+9.75%
Expense ratio2.63%1.76%
Risk 5 year sharpe ratio0.710.65
Net assets$61.0M$282.2M
Average market cap$4.7B$40.5B
Average P/E14.415.4
Portfolio turnover21%21%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyKinetics
Fund manager & tenureMurray Stahl / 8 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00


U.S. stock64.64%
International stock29.39%
Fixed income0.71%
Top 5 Sectors
Portfolio weighting
Financial service 80.28%
Industrial materials 11.02%
Business service 4.81%
Consumer service 2.85%
Utilities 0.10%
Top 10 Holdings
Portfolio weighting
IEP Icahn Enterprises LP10.03%
TPL Texas Pacific Land Trust8.05%
HHC Howard Hughes Corp7.23%
-- Onex Corp6.15%
-- DREAM Unlimited Corp Class A5.45%
-- Dundee Corp Class A5.19%
-- Brookfield Asset Management Inc Class A3.93%
OAK Oaktree Capital Group LLC3.70%
CBOE CBOE Holdings Inc3.69%
LUK Leucadia National Corp3.47%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.