Kinetics Market Opportunities Fund Class Institutional (KMKYX)

27.28
Net Asset Value
+0.63%
1 Day
+0.89%
Year-to-Date
Overall Morningstar Rating
Financial
Style or Category
No Load
Sales Expenses
1.92%
Expense Ratio
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+3.95% 3 years+15.97%
3 months-1.67% 5 years+13.91%
1 year+48.84% Since inception+7.72%
Data through --

Peer Comparisonvs. Financial

 KMKYXCategory
Performance 5-yr return+13.91%+12.74%
Expense ratio1.92%1.73%
Risk 5 year sharpe ratio0.970.90
Net assets$78.3M$499.4M
Average market cap$4.6B$4.0B
Average P/E18.79.7
Portfolio turnover35%35%

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 / 12 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment$1,000,000.00

Holdings

U.S. stock30.89%
Cash30.41%
Fixed income28.63%
International stock9.74%
Other0.33%
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 Trust17.57%
GBTC Bitcoin Investment Trust17.26%
IEP Icahn Enterprises LP3.14%
HHC Howard Hughes Corp3.02%
-- 2.81%
-- 2.20%
-- 1.69%
AC Associated Capital Group Inc1.50%
V Visa1.34%
-- 1.26%