Kinetics Paradigm Fund No Load Class (WWNPX)
| Fund Assets | 1.45B |
| Expense Ratio | 1.64% |
| Min. Investment | $2,500 |
| Turnover | 3.00% |
| Dividend (ttm) | 8.69 |
| Dividend Yield | 5.92% |
| Dividend Growth | 119.65% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 146.81 |
| YTD Return | 38.76% |
| 1-Year Return | 5.35% |
| 5-Year Return | 114.57% |
| 52-Week Low | 105.39 |
| 52-Week High | 164.76 |
| Beta (5Y) | n/a |
| Holdings | 51 |
| Inception Date | Dec 31, 1999 |
About WWNPX
Kinetics Paradigm Fund No Load Class is an actively managed mutual fund designed to achieve long-term capital growth by investing primarily in U.S.-focused, all-cap equities. Its strategy is centered on identifying misunderstood or underappreciated companies—often those with durable business models, extended product life cycles, and significant barriers to entry. The fund utilizes proprietary, in-house research to source original investment opportunities and places strong emphasis on distinguishing between temporary and permanent business challenges. Notably, the fund operates as a non-diversified portfolio, resulting in significant allocations to select holdings. This approach can lead to concentrated positions in certain sectors or companies, as reflected by the high percentage of assets in its top holdings. The fund aims for results in line with the intrinsic performance of its investee companies, maintaining a low turnover rate to capture long-term value. Since its inception in 1999, the fund has been managed by a team with deep industry experience. Kinetics Paradigm Fund No Load Class plays a distinctive role in the market by seeking value in overlooked areas, appealing to investors seeking exposure to unconventional equity opportunities.
Performance
WWNPX had a total return of 5.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.58%.
Top 10 Holdings
94.43% of assets| Name | Symbol | Weight |
|---|---|---|
| Texas Pacific Land Corporation | TPL | 62.62% |
| Grayscale Bitcoin Trust ETF | GBTC | 12.77% |
| LandBridge Company LLC | LB | 4.31% |
| Brookfield Corporation | BN | 3.75% |
| Hawaiian Electric Industries, Inc. | HE | 3.35% |
| Franco-Nevada Corporation | FNV | 1.99% |
| Grayscale Bitcoin Mini Trust ETF | BTC | 1.45% |
| Cboe Global Markets, Inc. | CBOE | 1.45% |
| CACI International Inc | CACI | 1.38% |
| Live Nation Entertainment, Inc. | LYV | 1.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $8.68572 | Dec 30, 2025 |
| Dec 30, 2024 | $3.95443 | Dec 30, 2024 |
| Dec 28, 2023 | $4.13098 | Dec 28, 2023 |
| Dec 29, 2022 | $1.85971 | Dec 29, 2022 |
| Dec 29, 2021 | $1.22342 | Dec 29, 2021 |
| Dec 30, 2020 | $1.16276 | Dec 30, 2020 |