Performance
Trailing returns
| 1 day |
| -0.23% | |||
| 1 week |
| -0.12% | |||
| 4 week | +1.06% |
| |||
| 3 month | +0.94% |
| |||
| YTD | +2.40% |
| |||
| 1 year | +7.81% |
| |||
| 3 years* | +4.58% |
| |||
| 5 years* |
| -2.93% | |||
| *annualized | |||||
| Best 3 month return | +23.05% | |
| Worst 3 month return | -27.59% |
Morningstar statistics
Morningstar category: World Allocation
| Return | Risk | Rating | |
| 3 years | Low | Above Average |
 
|
| 5 years | Low | Above Average |
|
| 10 years | - | - | - |
| Overall | Low | Above Average |
|
Key statistics
| Total assets | 17.21M | |
| Front load | 5.75% | |
| Deferred load | - | |
| Expense ratio | 1.23% | |
| Management fee | - | |
| Fund family | Kinetics |
Asset allocation
| Cash | 62.22% | |
| Stocks | 7.62% | |
| Bonds | 29.48% | |
| Convertible | 7.66% | |
| Other | -6.98% |
Purchase information
| Initial | US$2,500 | |
| IRA Initial | US$2,500 |
8.54-0.01(-0.12%)
May 23, 4:00PM EDT
Overall Morningstar RatingTM
Description
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.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
David Kingsley (Started: Jul 16, 2010)
James Davolos (Started: Jan 1, 2013)
Derek Devens (Started: Sep 30, 2011)
Murray Stahl (Started: Jul 16, 2010)
Peter Doyle (Started: Sep 30, 2011)
David Kingsley (Started: Jul 16, 2010)
James Davolos (Started: Jan 1, 2013)
Derek Devens (Started: Sep 30, 2011)
Murray Stahl (Started: Jul 16, 2010)
Peter Doyle (Started: Sep 30, 2011)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 1.02 | -9.89 | -8.65 | - | |
| Beta* | 0.44 | 1.23 | 1.24 | - | |
| Mean annual return | 0.47 | 0.10 | -0.12 | - | |
| R-squared* | 73.25 | 84.43 | 88.54 | - | |
| Standard deviation | 3.56 | 13.03 | 16.47 | - | |
| Sharpe ratio | 1.56 | 0.08 | -0.10 | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| iShares Barclays 1-3 Year Credit Bond | 21.73% | |
| SPDR Barclays Capital Short Term Corp Bd | 8.76% | |
| Icahn Enterprises Lp/Corp Cv FRN | 7.66% | |
| eBT International, Inc. (EBTN) | 7.61% | |
| China Hydroelectric Corporation (CHC.WS) | 0.01% |