+0.09
+0.11%
| Symbol | Value ($) |
|---|---|
| Morningstar Rating | |
| Previous Close | 85.10 |
| Category | World Allocation |
| Net Assets | 1.99 Mil |
| Yield | 2.09% |
| Morningstar Risk | Average |
| Morningstar Return | Low |
- Last NAV update 6/17/2013 4:00 PM ET
| NA |
|---|
| The investment seeks current income and gains; long-term growth of capital is a secondary objective. The Alternative Income Fund is a non-diversified fund that invests all of its investable assets in the Alternative Income Portfolio (formerly the Water Infrastructure Portfolio), a series of Kinetics Portfolios Trust. Under normal circumstances, the Alternative Income Portfolio will hold a diversified portfolio of primarily fixed income securities and implement an equity put writing option strategy intended to generate returns from the receipt of option premiums. The fund is non-diversified. |
| 2009 | 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|---|
| Return | 16.21% | -4.80% | -5.08% | 9.61% | 2.02% |
| Value ($) | 11,621.00 | 11,063.19 | 10,501.18 | 11,510.34 | 11,742.85 |
- Year to date performance as of 6/16/2013 8:00 PM ET
| Symbol | Value ($) |
|---|---|
| Fund Family | Kinetics |
| Fund Manager | David Kingsley |
| Tenure (Years) | 3 |
| Fund Status | Open |
| Minimum Initial Purchase | 2,500.00 |
| Minimum IRA Investment | 2,500.00 |
| Front Load | 5.75 |
| Expense Ratio | 1.89% |
| Symbol | Value ($) |
|---|---|
| 1 Month | -0.48% |
| 3 Months | -0.01% |
| 1 Year | 6.36% |
| 3 Years* | 3.84% |
| 5 Years* | -2.78% |
- * Annualized returns
- Performance as of 6/16/2013 8:00 PM ET
| KWIAX | World Allocation | |
|---|---|---|
| 5-Yr Return | -2.78% | 2.72% |
| Sharpe Ratio | 0.44 | 0.87 |
| Net Assets | 1.99 Mil | 726.78 Mil |
| Avg Market Cap | NA | 25.76 Bil |
| Avg P/E | NA | 13.92 |
| Portfolio Turnover | 56 | 106 |
| Symbol | Value ($) |
|---|---|
| Stocks | 0.01% |
| Cash | 18.35% |
| Fixed Income | 84.45% |
| Other | -2.83% |
| NAME | % NET ASSETS |
|---|---|
| iShares Barclays 1-3 Year Credit Bond | 20.31% |
| SPDR Barclays Capital Short Term Corp Bd | 6.17% |
| FHLMC 0.495% | 2.51% |
| Icahn Enterprises Lp/Corp Cv FRN | 2.01% |
| Dr Pepper Snapple Grp 2.9% | 1.77% |
| Kellogg 1.125% | 1.69% |
| General Elec Cap Corp Mtn Be 1% | 1.68% |
| Mckesson Corp New 0.95% | 1.68% |
| Amazon Com 0.65% | 1.67% |
| At&T 0.8% | 1.67% |
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