Kinetics Market Opportunities Fund Advisor Class A (KMKAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
80.44
+0.12 (0.15%)
Jul 3, 2025, 4:00 PM EDT
49.96%
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.

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 50.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.57%.

Other Share Classes

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

Symbol Share Class Expense Ratio
KMKYX Institutional Class 1.20%
KMKNX No Load Class 1.40%
KMKCX Advisor Class C 2.15%

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
Full Dividend History