Kinetics Market Opportunities Fund Advisor Class C (KMKCX)

25.49
Net Asset Value
+1.43%
1 Day
-0.16%
Year-to-Date
Overall Morningstar Rating
Financial
Style or Category
No Load
Sales Expenses
2.72%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund is a non-diversified fund that invests all of its investable assets in the Market Opportunities Portfolio- a series of Kinetics Portfolios Trust. The Market Opportunities Portfolio 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. The fund is non-diversified.

Performance

1 month-2.00% 3 years+15.15%
3 months+15.07% 5 years+13.84%
1 year+44.82% Since inception+6.95%
Data through --

Peer Comparisonvs. Financial

 KMKCXCategory
Performance 5-yr return+13.84%+15.47%
Expense ratio2.72%1.74%
Risk 5 year sharpe ratio1.081.06
Net assets$83.1M$496.0M
Average market cap$3.2B$3.8B
Average P/E20.411.5
Portfolio turnover5%5%

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Fund Management and Purchase Info

Fund familyKinetics
Fund manager & tenureMurray Stahl / 12 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock45.88%
Cash28.92%
International stock13.96%
Fixed income10.85%
Other0.40%
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
TPL Texas Pacific Land Trust22.73%
GBTC Bitcoin Investment Trust8.66%
HHC Howard Hughes Corp4.90%
IEP Icahn Enterprises LP4.87%
OTCM OTC Markets Group Inc4.76%
-- 4.49%
-- 2.95%
AC Associated Capital Group Inc2.23%
-- 2.18%
V Visa1.77%