Kinetics Small Capital Opportunities Advisor Fund Class A (KSOAX)
| Fund Assets | 498.03M |
| Expense Ratio | 1.89% |
| Min. Investment | $2,500 |
| Turnover | 6.00% |
| Dividend (ttm) | 5.71 |
| Dividend Yield | 3.60% |
| Dividend Growth | -14.97% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 157.49 |
| YTD Return | -5.06% |
| 1-Year Return | 24.44% |
| 5-Year Return | 231.57% |
| 52-Week Low | 132.49 |
| 52-Week High | 223.81 |
| Beta (5Y) | 1.00 |
| Holdings | 1 |
| Inception Date | Dec 31, 2001 |
About KSOAX
Kinetics Small Cap Opportunities Fund Advisor Class A is an actively managed mutual fund that seeks long-term capital growth by investing primarily in small-cap companies. The fund targets fundamentally undervalued businesses with market capitalizations at or below the upper limit of the S&P SmallCap 600 Index, focusing on firms with significant growth potential, strong barriers to entry, and resilient capital structures. While the fund is U.S.-focused, it may also consider select global opportunities. A distinguishing feature is its highly concentrated portfolio—often with a substantial percentage invested in its top holdings—which can introduce elevated volatility compared to more diversified peers. The fund is managed by Horizon Kinetics Asset Management LLC, an investment adviser known for a research-driven, contrarian approach and significant employee ownership. By concentrating on under-researched or overlooked small-cap stocks, the fund aims to uncover unique value propositions that can lead to outsized returns. Its role in the financial market is to offer investors exposure to dynamic, potentially high-growth segments of the equity universe, although this approach comes with higher expenses relative to category averages and a pronounced focus on select core holdings.
Performance
KSOAX had a total return of 24.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.60%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $5.71159 | Dec 30, 2024 |
| Dec 28, 2023 | $6.71748 | Dec 28, 2023 |
| Dec 29, 2021 | $1.33952 | Dec 29, 2021 |
| Dec 29, 2011 | $0.20624 | Dec 29, 2011 |
| Dec 30, 2010 | $0.3334 | Dec 30, 2010 |
| Dec 30, 2008 | $0.27018 | Dec 30, 2008 |