Kinetics Multi-Disciplinary Income Fund Class No Load (KMDNX)
| Fund Assets | 17.38M |
| Expense Ratio | 0.74% |
| Min. Investment | $2,500 |
| Turnover | 74.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 4.88% |
| Dividend Growth | -14.99% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 29, 2026 |
| Previous Close | 9.95 |
| YTD Return | 2.50% |
| 1-Year Return | 4.87% |
| 5-Year Return | 17.49% |
| 52-Week Low | 9.93 |
| 52-Week High | 10.07 |
| Beta (5Y) | 0.28 |
| Holdings | 1 |
| Inception Date | Feb 11, 2008 |
About KMDNX
The Kinetics Multi-Disciplinary Income Fund No Load Class is a diversified mutual fund designed to generate current income while seeking to minimize the significant interest rate risks that can affect traditional fixed income investments. Its primary strategy involves investing in the senior, floating-rate debt tranches of collateralized loan obligations (CLOs). These CLOs are securitization structures that pool together diversified portfolios of floating rate, senior secured loans, primarily issued by cash flow positive public and private companies. The fund’s portfolio is broadly diversified, typically targeting between 20 and 75 individual investments, with each generally comprising less than 5% of the total fund assets. By focusing on AAA and AA rated CLO debt tranches, it aims to offer stability and attractive yields to investors, providing access to a market segment typically reserved for institutional players. This approach makes the fund particularly relevant for investors seeking exposure to structured credit instruments, with the added benefit of professional management and risk controls tailored to individual investors.
Performance
KMDNX had a total return of 4.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.91%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 29, 2026 | $0.11847 | Jun 29, 2026 |
| Mar 30, 2026 | $0.13928 | Mar 30, 2026 |
| Dec 30, 2025 | $0.10156 | Dec 30, 2025 |
| Sep 29, 2025 | $0.12662 | Sep 29, 2025 |
| Jun 27, 2025 | $0.13411 | Jun 27, 2025 |
| Mar 28, 2025 | $0.15855 | Mar 28, 2025 |