Kinetics Paradigm Fund No Load Class (WWNPX)

55.59
Net Asset Value
+0.62%
1 Day
+15.05%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
1.74%
Expense Ratio
Above 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 Paradigm Portfolio- a series of Kinetics Portfolios Trust. The Paradigm Portfolio invests at least 65% of its net assets in common stocks- ETFs- convertible securities- warrants- and other equity securities having the characteristics of common stocks (such as American Depositary Receipts ("ADRs")- Global Depositary Receipts ("GDRs") and International Depositary Receipts ("IDRs")) of U.S. and foreign companies that the Investment Adviser believes are undervalued. The fund is non-diversified.

Performance

1 month+1.66% 3 years+15.53%
3 months+13.22% 5 years+14.76%
1 year+40.17% Since inception+10.25%
Data through --

Peer Comparisonvs. Mid-cap growth

 WWNPXCategory
Performance 5-yr return+14.76%+11.94%
Expense ratio1.74%1.20%
Risk 5 year sharpe ratio1.040.99
Net assets$842.7M$1.6B
Average market cap$6.6B$12.1B
Average P/E20.225.8
Portfolio turnover14%14%

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Fund Management and Purchase Info

Fund familyKinetics
Fund manager & tenureMurray Stahl / 18 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock76.79%
International stock12.11%
Cash7.39%
Fixed income3.71%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 47.64%
Industrial materials 16.26%
Energy 11.49%
Consumer service 9.10%
Business service 5.96%
Top 10 Holdings
Portfolio weighting
TPL Texas Pacific Land Trust34.41%
HHC Howard Hughes Corp11.00%
IEP Icahn Enterprises LP4.54%
-- 4.06%
CBOE Cboe Global Markets Inc2.80%
LSXMK Liberty Media Corp2.77%
LYV Live Nation Entertainment Inc2.66%
MKL Markel Corp2.34%
-- 2.07%
-- 2.03%