Kinetics Small Cap Opportunities Adv A (KSOAX)

Fund Assets	501.59M
Expense Ratio	1.89%
Min. Investment	$2,500
Turnover	n/a
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	177.85
YTD Return	19.88%
1-Year Return	15.59%
5-Year Return	102.55%
52-Week Low	144.35
52-Week High	213.42
Beta (5Y)	0.68
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.

• Fund Family: Kinetics
• Category: Small Growth
• Performance Rating: Above Average
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: KSOAX
• Share Class: Advisor Class A
• Index: S&P 600 Small Cap TR

Performance

KSOAX had a total return of 15.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.71%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
KSCYX	Institutional Class	1.44%
KSCOX	No Load Class	1.64%
KSOCX	Advisor Class C	2.39%

Top Holdings

100.03% of assets

Name	Symbol	Weight
KINETICS SMALL CAP OPP	943350	100.03%

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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