Kinetics Paradigm Fund No Load Class (WWNPX)

50.23
Net Asset Value
+2.09%
1 Day
+3.95%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
1.75%
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-2.86% 3 years+11.87%
3 months+10.69% 5 years+14.03%
1 year+29.79% Since inception+10.05%
Data through --

Peer Comparisonvs. Mid-cap growth

 WWNPXCategory
Performance 5-yr return+14.03%+13.73%
Expense ratio1.75%1.21%
Risk 5 year sharpe ratio1.171.15
Net assets$816.1M$1.6B
Average market cap$6.5B$12.9B
Average P/E29.228.7
Portfolio turnover2%2%

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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. stock78.70%
International stock12.47%
Cash6.91%
Fixed income1.93%
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 Trust29.48%
HHC Howard Hughes Corp9.99%
IEP Icahn Enterprises LP4.71%
-- 4.56%
LYV Live Nation Entertainment Inc3.61%
LSXMK Liberty Media Corp3.15%
CBOE Cboe Global Markets Inc2.65%
LBRDK Liberty Broadband Corp2.43%
-- 2.42%
-- 2.28%