Kinetics Market Opportunities Fund Advisor Class A (KMKAX)
| Fund Assets | 362.18M |
| Expense Ratio | 1.65% |
| Min. Investment | $2,500 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 0.58% |
| Dividend Growth | 73.93% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 80.32 |
| YTD Return | 7.20% |
| 1-Year Return | 50.95% |
| 5-Year Return | 248.98% |
| 52-Week Low | 53.07 |
| 52-Week High | 99.83 |
| Beta (5Y) | n/a |
| Holdings | 1 |
| Inception Date | Jan 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.
Performance
KMKAX had a total return of 50.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.57%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.4947 | Dec 30, 2024 |
| Dec 28, 2023 | $0.28442 | Dec 28, 2023 |
| Dec 29, 2022 | $0.53413 | Dec 29, 2022 |
| Dec 29, 2021 | $0.50933 | Dec 29, 2021 |
| Dec 30, 2020 | $0.00709 | Dec 30, 2020 |
| Dec 30, 2019 | $0.01784 | Dec 30, 2019 |