Kinetics Market Opportunities Adv A (KMKAX) Fund Details & Analysis

Fund Information

Fund Category Mid-Cap Growth

Fund Family Kinetics

Fund Style Large

ISIN US4946137712

CUSIP 494613771

Inception Date -

Domicile -

Country USA

Fiscal Year End -

NAV Chart

Fund Metrics

Net Assets $91.25 Million

Share Class Net Assets $-

Expense Ratio 1.65%

Expense Ratio Date -

Dividend Yield 0.00%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 6.84%

1-Year Return 0.25%

3-Year Return 24.13%

5-Year Return 14.98%

NAV $77.05

Previous Close Price $77.13

Last Update 2026-09-30

Dividend Information

Dividend Yield 0.00%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Kinetics Market Opportunities Adv A

The fund is a non-diversified fund that invests all of its investable assets in the Market Opportunities Portfolio, a series of Kinetics Portfolios Trust. The Market Opportunities Portfolio normally invests at least 65% of its net assets in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks of U.S. and foreign companies involved in capital markets or related to capital markets, as well as companies involved in the gaming industry. The fund is non-diversified.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 12397.93%

Giant 0.25%

Large 1.54%

Medium 50.97%

Micro 22.64%

Small 3.66%

Value & Growth Metrics

Book-Value Growth % -4.68%

Cash-Flow Growth % -15.68%

Dividend Yield % 0.69%

Historical Earnings % -0.54%

Long-Term Earnings % 9.32%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.00%	0.00%	0.00%	0.13%	0.00%
Cash	4.11%	4.11%	0.00%	1.25%	0.00%
Non US Stock	5.77%	5.77%	0.00%	3.83%	1.86%
Not Classified	0.07%	0.07%	0.00%	0.01%	0.00%
Other	13.72%	13.72%	0.00%	0.90%	0.00%
US Stock	76.33%	76.33%	0.00%	94.26%	98.14%

Top Holdings

Name	Weight	Owned	Change
Texas Pacific Land Corp	36.29%	-	-
Texas Pacific Land	27.34%	-	-
Grayscale Bitcoin Trust (BTC)	13.58%	-	-
DREAM Unlimited Corp Registered Shs -A- Subord Vtg	3.54%	-	-
Dream Unlimited	2.49%	-	-
Partners Value Investments LP Unit	1.96%	-	-
Associated Capital Group Inc Class A	1.85%	-	-
Wheaton Precious Metals Corp	1.62%	-	-
Galaxy Digital Holdings Ltd	1.44%	-	-
Visa Inc Class A	1.31%	-	-

See the full breakdown of KMKAX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	8.91%	89.20%	98.33%	0.00%
Bond Sector	Corporate	8.91%	0.52%	1.67%	0.00%
Bond Sector	Derivative	8.91%	0.93%	0.00%	0.00%
Bond Sector	Government	8.91%	6.46%	0.00%	0.00%
Bond Sector	Municipal	8.91%	0.00%	0.00%	0.00%
Bond Sector	Securitized	8.91%	2.89%	0.00%	0.00%
Cyclical	Basic Materials	1.46%	1.93%	0.00%	6.49%
Cyclical	Consumer Cyclical	0.00%	12.65%	0.00%	11.30%
Cyclical	Financial Services	16.14%	8.49%	0.00%	12.08%
Cyclical	Real Estate	0.31%	1.47%	0.00%	3.70%
Defensive	Consumer Defensive	0.00%	1.25%	0.00%	2.08%
Defensive	Healthcare	0.00%	15.59%	0.00%	8.20%
Defensive	Utilities	8.91%	1.24%	0.00%	2.94%
Sensitive	Communication Services	0.02%	3.78%	0.00%	1.96%
Sensitive	Energy	71.60%	3.40%	0.00%	3.40%
Sensitive	Industrials	0.81%	23.18%	0.00%	23.02%
Sensitive	Technology	0.75%	27.01%	0.00%	24.84%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.62%	-	0.52%
Americas	North America	97.63%	97.98%	98.14%
Greater Asia	Asia Developed	0.16%	0.00%	-
Greater Asia	Asia Emerging	0.19%	-	0.51%
Greater Asia	Australasia	0.03%	0.20%	-
Greater Asia	Japan	0.08%	0.06%	-
Greater Europe	Africa/Middle East	0.12%	0.01%	-
Greater Europe	Europe Developed	0.74%	0.99%	0.42%
Greater Europe	Europe Emerging	-	-	-
Greater Europe	United Kingdom	0.42%	0.74%	0.42%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-30	$0.401	$0.000	None	-	-	-	-
2023-12-28	$0.284	$0.284	USD	-	2023-12-27	2023-12-28	Annual
2022-12-29	$0.000	$0.000	None	-	-	-	-
2021-12-29	$0.472	$0.472	USD	2021-12-29	2021-12-28	2021-12-29	Annual
2020-12-30	$0.007	$0.007	USD	2020-12-30	2020-12-29	2020-12-30	Annual
2019-12-30	$0.018	$0.018	USD	2019-12-30	2019-12-27	2019-12-30	Annual
2018-12-28	$0.000	$0.000	None	-	-	-	-
2017-12-28	$0.135	$0.135	USD	2017-12-28	2017-12-27	2017-12-28	Annual
2013-12-30	$0.065	$0.065	USD	2013-12-30	2013-12-27	2013-12-30	Annual
2012-12-27	$0.158	$0.158	USD	2012-12-27	2012-12-26	2012-12-27	Annual
2011-12-29	$0.077	$0.077	USD	-	2011-12-28	2011-12-29	Annual
2010-12-30	$0.568	$0.568	USD	-	2010-12-29	2010-12-30	Annual
2010-04-01	$0.019	$0.019	USD	-	-	-	-
2009-12-30	$0.005	$0.005	USD	-	2009-12-29	2009-12-30	Annual
2008-12-30	$0.025	$0.025	USD	-	2008-12-29	2008-12-30	Annual
2007-12-27	$0.009	$0.009	USD	-	2007-12-26	2007-12-27	Annual
2006-12-27	$0.028	$0.028	USD	-	2006-12-26	2006-12-27	Other

View the full dividend history for KMKAX.

Kinetics Market Opportunities Adv A NMFQS:KMKAX