Kinetics Market Opportunities Fund Advisor Class A (KMKAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
78.71
+0.08 (0.10%)
Jul 25, 2025, 4:00 PM EDT
0.10%
Fund Assets310.86M
Expense Ratio1.65%
Min. Investment$2,500
Turnover7.00%
Dividend (ttm)0.49
Dividend Yield0.59%
Dividend Growth73.93%
Payout FrequencyAnnual
Ex-Dividend DateDec 30, 2024
Previous Close78.63
YTD Return4.89%
1-Year Return35.36%
5-Year Return233.94%
52-Week Low53.07
52-Week High99.83
Beta (5Y)n/a
Holdings1
Inception DateJan 31, 2006

About KMKAX

Kinetics Market Opportunities Fund Advisor Class A is an actively managed mutual fund that seeks long-term capital growth by investing primarily in companies engaged in capital markets–related activities and services. The fund features a U.S.-focused global approach, targeting firms that benefit from rising transaction volumes or that facilitate financial transactions, often without employing leverage or risking their own capital. This strategy emphasizes companies with scalable business models, high operating leverage, and strong returns on equity. As a non-diversified fund, Kinetics Market Opportunities Fund Advisor Class A tends to hold a concentrated portfolio, with a significant portion allocated to its top holdings—over 80% of assets are in the top ten positions. Notable sectors include energy, financial services, and digital assets, with major allocations to entities such as Texas Pacific Land Corp and Grayscale Bitcoin Trust ETF. The fund is managed by Horizon Kinetics Asset Management and is designed for investors seeking exposure to growth-oriented companies that operate within or benefit from capital markets infrastructure and innovation. Its unique profile and focused investment approach position it as a distinct option among mid-cap growth mutual funds.

Fund Family Kinetics
Category Mid-Cap Growth
Stock Exchange NASDAQ
Ticker Symbol KMKAX
Share Class Advisor Class A
Index S&P 500 TR

Performance

KMKAX had a total return of 35.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.39%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
KMKYXInstitutional Class1.20%
KMKNXNo Load Class1.40%
KMKCXAdvisor Class C2.15%

Dividend History

Ex-DividendAmountPay Date
Dec 30, 2024$0.4947Dec 30, 2024
Dec 28, 2023$0.28442Dec 28, 2023
Dec 29, 2022$0.53413Dec 29, 2022
Dec 29, 2021$0.50933Dec 29, 2021
Dec 30, 2020$0.00709Dec 30, 2020
Dec 30, 2019$0.01784Dec 30, 2019
Full Dividend History