Kinetics Spin-Off and Corporate Restructuring Fund No Load Class (LSHEX)
| Fund Assets | 26.18M |
| Expense Ratio | 1.58% |
| Min. Investment | $2,500 |
| Turnover | 1.00% |
| Dividend (ttm) | 0.03 |
| Dividend Yield | 0.09% |
| Dividend Growth | -94.15% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 28, 2023 |
| Previous Close | 27.98 |
| YTD Return | 43.06% |
| 1-Year Return | 48.55% |
| 5-Year Return | 150.86% |
| 52-Week Low | 18.26 |
| 52-Week High | 28.05 |
| Beta (5Y) | n/a |
| Holdings | 25 |
| Inception Date | Dec 11, 2017 |
About LSHEX
The fund will pursue its investment objective by investing at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of spin-off companies, companies subject to other forms of corporate restructuring, parents of any such companies, and publicly traded shareholder activist holding companies which, by way of their shareholder ownership in other companies, have caused such other companies to undergo spin-offs and other forms of corporate restructurings. It may invest in any size company, including small- and medium-sized companies. The fund is non-diversified.
Performance
LSHEX had a total return of 48.55% in the past year. Since the fund's inception, the average annual return has been 15.37%, including dividends.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| LSHUX | Institutional Class | 1.38% |
| LSHAX | Advisor Class A | 1.63% |
| LSHCX | Advisor Class C | 2.38% |
Top 10 Holdings
98.19% of assets| Name | Symbol | Weight |
|---|---|---|
| Texas Pacific Land Corporation | TPL | 64.86% |
| US BANK MMDA - USBGFS 7 | USBGFS7 | 10.75% |
| CSW Industrials, Inc. | CSWI | 8.28% |
| Associated Capital Group, Inc. | AC | 4.95% |
| GAMCO Investors, Inc. | GAMI | 3.75% |
| Civeo Corporation | CVEO | 2.47% |
| SPDR ICE Preferred Securities ETF | PSK | 1.05% |
| Formula One Group - Series A | FWONA | 0.93% |
| Howard Hughes Holdings Inc. | HHH | 0.64% |
| DREAM Unlimited Corp | DRM | 0.51% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 28, 2023 | $0.02573 | Dec 28, 2023 |
| Dec 29, 2022 | $0.440 | Dec 29, 2022 |
| Dec 29, 2021 | $0.01976 | Dec 29, 2021 |
| Dec 30, 2020 | $0.07711 | Dec 30, 2020 |
| Dec 28, 2018 | $0.45228 | Dec 28, 2018 |