Kinetics Paradigm Fund Advisor Class C (KNPCX)
| Fund Assets | 1.30B |
| Expense Ratio | 2.39% |
| Min. Investment | $2,500 |
| Turnover | 2.00% |
| Dividend (ttm) | 3.86 |
| Dividend Yield | 3.57% |
| Dividend Growth | -6.49% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 109.72 |
| YTD Return | -4.60% |
| 1-Year Return | 28.34% |
| 5-Year Return | 223.99% |
| 52-Week Low | 81.77 |
| 52-Week High | 164.37 |
| Beta (5Y) | n/a |
| Holdings | 1 |
| Inception Date | Jun 28, 2002 |
About KNPCX
The Kinetics Paradigm Fund Advisor Class C is a mutual fund that targets long-term capital growth by investing in a focused portfolio of U.S. and global companies, with an emphasis on misunderstood or underappreciated businesses exhibiting long product life cycles and substantial barriers to entry. The investment strategy is research-driven, seeking out companies where the market may not recognize the value of durable business models or stable assets. The fund operates with low portfolio turnover and a concentrated approach, often holding a high percentage of its assets in its top ten positions—recently led by energy and alternative asset exposures such as Texas Pacific Land Corp and the Grayscale Bitcoin Trust ETF. The Kinetics Paradigm Fund Advisor Class C appeals to investors interested in differentiated, value-oriented growth opportunities and plays a unique role in providing access to specialized, sometimes non-traditional, investment themes within the broader mid-cap growth category. While management, process, and research are considered strengths, investors should be mindful of the fund’s higher expense ratio relative to category peers.
Performance
KNPCX had a total return of 28.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.21%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $3.86288 | Dec 30, 2024 |
| Dec 28, 2023 | $4.13098 | Dec 28, 2023 |
| Dec 29, 2022 | $1.85123 | Dec 29, 2022 |
| Dec 29, 2021 | $1.22165 | Dec 29, 2021 |
| Dec 30, 2020 | $0.98746 | Dec 30, 2020 |
| Dec 30, 2019 | $0.52784 | Dec 30, 2019 |