Kinetics Multi-Disciplinary Income Fund Class No Load (KMDNX)

Fund Assets	17.48M
Expense Ratio	0.725%
Min. Investment	$2,500
Turnover	74.00%
Dividend (ttm)	0.48
Dividend Yield	4.77%
Dividend Growth	-11.94%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 29, 2026

Previous Close	9.97
YTD Return	3.92%
1-Year Return	4.87%
5-Year Return	19.16%
52-Week Low	9.93
52-Week High	10.06
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.

• Fund Family: Kinetics
• Category: Multisector Bond
• Performance Rating: Average
• Risk Rating: Low
• Stock Exchange: Nasdaq
• Ticker Symbol: KMDNX
• Share Class: No Load
• Index: Bloomberg U.S. Aggregate Bond TR

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 3.93%.

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 29, 2026	$0.11623	Sep 29, 2026
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

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 17, 2026

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