Performance
Trailing returns
| 1 day | +0.00% | ||||
| 1 week | +0.18% |
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| 4 week | +2.89% |
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| 3 month | +0.49% |
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| YTD | +3.39% |
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| 1 year | +15.35% |
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| 3 years* | +11.16% |
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| 5 years* | +6.02% |
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| *annualized | |||||
| Best 3 month return | +15.22% | |
| Worst 3 month return | -19.34% |
Morningstar statistics
Morningstar category: Conservative Allocation
| Return | Risk | Rating | |
| 3 years | Above Average | High |
 
|
| 5 years | Above Average | Above Average |
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| 10 years | - | - | - |
| Overall | Above Average | Above Average |
|
Morningstar style Learn more
| Large | |||
| Mid | |||
| Small | |||
| Value | Blend | Growth |
Key statistics
| Total assets | 90.59M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 1.51% | |
| Management fee | - | |
| Fund family | Kinetics |
Asset allocation
| Cash | 7.31% | |
| Stocks | 1.55% | |
| Bonds | 39.98% | |
| Preferred | 0.23% | |
| Convertible | 55.04% | |
| Other | -4.11% |
Purchase information
| Initial | US$2,500 | |
| IRA Initial | US$2,500 |
11.38+0.01(0.09%)
May 22, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks total return. The fund utilizes a two-part investment strategy, which includes fixed-income components, including fixed-income ETFs, and derivatives components. It normally invests at least 65% of its net assets in fixed-income securities, derivatives and cash or cash equivalents committed as collateral for written option contracts. There is no limit on the amount of assets the fund may invest in fixed-income securities. The fund may invest up to 100% of its assets in debt securities that are rated below investment grade ("junk" bonds) and up to 5% of its total assets in defaulted junk bonds. It is non-diversified.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
David Kingsley (Started: Aug 7, 2009)
Derek Devens (Started: Sep 30, 2011)
Murray Stahl (Started: Feb 11, 2008)
Peter Doyle (Started: Feb 11, 2008)
David Kingsley (Started: Aug 7, 2009)
Derek Devens (Started: Sep 30, 2011)
Murray Stahl (Started: Feb 11, 2008)
Peter Doyle (Started: Feb 11, 2008)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -3.93 | -0.37 | 1.04 | - | |
| Beta* | 1.12 | 1.04 | 0.88 | - | |
| Mean annual return | 0.65 | 0.75 | 0.53 | - | |
| R-squared* | 76.61 | 83.74 | 86.30 | - | |
| Standard deviation | 8.95 | 11.00 | 11.93 | - | |
| Sharpe ratio | 0.86 | 0.81 | 0.50 | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Petrobakken Engy Cv 3.125% | 6.57% | |
| Webmd Health Cv 2.5% | 6.10% | |
| Electnc Arts Cv 0.75% | 5.89% | |
| Icahn Enterprises Lp/Corp Cv FRN | 5.80% | |
| Forest City Enterprises Cv 4.25% | 5.73% | |
| Dish Dbs 4.625% | 5.32% | |
| Davita Healthcare Partners 6.375% | 4.94% | |
| Calpine 144A 7.25% | 4.89% | |
| Owens-Brockway Glass Container 144A 3% | 4.50% | |
| L-3 Comms Cv 3% | 4.22% |