Kinetics Spin-Off and Corporate Restructuring Fund Institutional Class (LSHUX)

Fund Assets	21.85M
Expense Ratio	1.38%
Min. Investment	$1,000,000
Turnover	n/a
Dividend (ttm)	1.60
Dividend Yield	4.31%
Dividend Growth	-11.22%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2024

Previous Close	36.36
YTD Return	14.16%
1-Year Return	91.42%
5-Year Return	411.85%
52-Week Low	n/a
52-Week High	n/a
Beta (5Y)	n/a
Holdings	37
Inception Date	Jul 11, 2007

About LSHUX

The Fund's investment strategy focuses on Global with 1.25% total expense ratio. The minimum amount to invest in Kinetics Mutual Funds, Inc: Kinetics Spin-Off and Corporate Restructuring Fund; Institutional Class Shs is $1,000,000 on a standard taxable account. Kinetics Mutual Funds, Inc: Kinetics Spin-Off and Corporate Restructuring Fund; Institutional Class Shs seeks long-term growth of capital by investing in U.S. and foreign equity stocks including common stock, preferred stock, securities convertible into common stock, warrants, rights and other equity securities having the characteristics of common stock (such as depository receipts).

• Fund Family: Kinetics Funds
• Category: Miscellaneous Sector
• Performance Rating: Above Average
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: LSHUX
• Share Class: Institutional Class
• Index: S&P 500 TR

Performance

LSHUX had a total return of 91.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.84%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
LSHEX	No Load Class	1.58%
LSHAX	Advisor Class A	1.63%
LSHCX	Advisor Class C	2.38%

Top 10 Holdings

97.85% of assets

Name	Symbol	Weight
Texas Pacific Land Corporation	TPL	74.78%
CSW Industrials, Inc.	CSWI	5.20%
LandBridge Company LLC	LB	4.76%
US BANK MMDA - USBGFS 7	USBGFS7	4.32%
Associated Capital Group, Inc.	AC	3.21%
GAMCO Investors Inc	GAMI	2.59%
Civeo Corporation	CVEO	1.24%
Formula One Group	FWONA	0.69%
SPDR ICE Preferred Securities ETF	PSK	0.64%
Grayscale Bitcoin Mini Trust ETF	BTC	0.43%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2024	$1.60254	Dec 30, 2024
Dec 28, 2023	$1.8051	Dec 28, 2023
Dec 29, 2022	$0.4752	Dec 29, 2022
Dec 29, 2021	$0.01976	Dec 29, 2021
Dec 30, 2020	$0.1225	Dec 30, 2020
Dec 30, 2019	$0.01085	Dec 30, 2019