89.95 Up +0.13 +0.14%
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 89.82
Category Short-Term Bond
Net Assets 3.28 Mil
Yield 0.00%
Morningstar Risk Below Average
Morningstar Return Low
  • Last NAV update 7/22/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks to provide current income and gains; long-term growth of capital is a secondary objective. The fund is a non-diversified fund that invests all of its investable assets in the Alternative Income Portfolio, a series of Kinetics Portfolios Trust. Under normal circumstances, the Alternative Income Portfolio will hold a diversified portfolio of primarily fixed income securities and implement an equity put writing option strategy intended to generate returns from the receipt of option premiums. The Portfolio may invest up to 100% of its net assets in fixed income securities. The fund is non-diversified.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return -4.80% -5.08% 9.61% 4.91% 2.68%
Value ($) 9,520.17 9,036.14 9,904.94 10,391.29 10,670.05
  • Year to date performance as of 7/22/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Kinetics
Fund Manager Murray Stahl
Tenure (Years) 4
Fund Status Open
Minimum Initial Purchase 2,500.00
Minimum IRA Investment 2,500.00
Front Load 5.75
Expense Ratio 1.20%
PERFORMANCE
Symbol Value ($)
1 Month 0.31%
3 Months 1.40%
1 Year 4.73%
3 Years* 2.58%
5 Years* 2.72%
  • * Annualized returns
  • Performance as of 7/22/2014 12:00 AM ET
PEER COMPARISON
  KWIAX Short-Term Bond
5-Yr Return 2.72% 3.00%
Sharpe Ratio 0.36 2.44
Net Assets 3.28 Mil 640.53 Mil
Avg Market Cap NA 30.69 Bil
Avg P/E NA 16.93
Portfolio Turnover 19 112
HOLDINGS
Symbol Value ($)
Stocks 0.01%
Cash 17.26%
Fixed Income 86.18%
Other 0.22%
TOP 10 HOLDINGS
NAME % NET ASSETS
iShares 1-3 Year Credit Bond 14.11%
SPDR Barclays Capital Short Term Corp Bd 2.90%
US Treasury Note 0.25% 1.95%
PIMCO Enhanced Short Maturity ETF 1.87%
US Treasury Note 0.25% 1.37%
Wellpoint 1.25% 1.19%
Freeport-Mcmoran Copper & Gold 1.4% 1.18%
FFCB 0.375% 1.18%
FHLMC 0.5% 1.18%
Johnson & Johnson 0.7% 1.18%
DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

Financial data in US dollars | Page generated 2:08 PM ET
1-YEAR CHART Full-page chart
RECENT QUOTES
WATCHLIST
You're not signed in
You’re not signed in to MSN Money, so you’re seeing the Watchlist that is tied to your computer. For a more consistent Watchlist experience, sign in to MSN Money. Learn more
SYMBOL
LAST
CHANGE
SHARES
Quotes delayed at least 15 min
Sponsored by:
MARKET UPDATE
[BRIEFING.COM] The S&P 500 (+0.1%) has returned into the green, while the Dow Jones Industrial Average (-0.2%) has yet to make an appearance in positive territory. The health care sector (+0.8%) continues holding the lead, while another influential g ... More
Sponsored by: