Kinetics Alternative Income Advisor A
(KWIAX)
US Markets Closed
AdChoices
88.94
-0.02
-0.02%
:

Previous Close

88.96

Net Assets

2.68M

Yield

0.00%

Front load

5.75

Expenses

1.20%

Category

Short-Term Bond

Morningstar Risk

Below Average

Morningstar Rating
AdChoices
Performance
Returns %
Key statistics
  • Composition
  • Performance
  • Top Holdings
  • Top Rated Funds
  • Fund vs. Category
Quarterly Returns
  • Annual

  • KWIAX

  • Category

    • 2013

    • 4.91%

    • -

    • 2012

    • 9.61%

    • -

    • 2011

    • -5.08%

    • -

    • 2010

    • -4.80%

    • -

    • 2013

    • 2012

    • 2011

      • Q1

      • 2.04%

      • 7.07%

      • 3.83%

      • Q2

      • -0.54%

      • -1.20%

      • -1.38%

      • Q3

      • 1.78%

      • 3.40%

      • -14.15%

      • Q4

      • 1.57%

      • 0.21%

      • 7.98%

      Composition
      • Name

      • % Portfolio Weight

      • Shares Held

      • Change

        • iShares 1-3 Year Credit Bond

        • 12.29

        • 34,100

        • 0

        • Vanguard Short-Term Corporate Bond ETF

        • 2.74

        • 10,000

        • 7,200

        • SPDR Barclays Capital Short Term Corp Bd

        • 2.52

        • 24,000

        • 0

        • US Treasury Note 0.25%

        • 1.70

        • 500,000

        • 0

        • PIMCO Enhanced Short Maturity ETF

        • 1.62

        • 4,700

        • 0

        • US Treasury Note 0.25%

        • 1.19

        • 350,000

        • 0

        • Wellpoint 1.25%

        • 1.03

        • 300,000

        • 0

        • Pfizer 1.1%

        • 1.03

        • 300,000

        • 300,000

        • Freeport-Mcmoran 1.4%

        • 1.03

        • 300,000

        • 0

        • Johnson & Johnson 0.7%

        • 1.03

        • 300,000

        • 0

        • Name

        • Rating

        • YTD Return %

          • Transamerica Short-Term Bond I2

          • ★★★★★
          • 2.00

          • Virtus Multi-Sector S/T Bd T

          • ★★★★★
          • 1.47

          • Columbia Limited Duration Credit Instl

          • ★★★★★
          • 2.17

          • Thompson Bond

          • ★★★★★
          • 2.46

          • Thornburg Limited Term Income Instl

          • ★★★★★
          • 4.28

          • Virtus Multi-Sector S/T Bd B

          • ★★★★★
          • 1.71

          • Virtus Multi-Sector S/T Bd A

          • ★★★★★
          • 2.11

          • Thornburg Limited Term Income C

          • ★★★★★
          • 3.89

          • Metropolitan West Low Duration Bond I

          • ★★★★★
          • 1.57

          • Thornburg Limited Term Income A LW

          • ★★★★★
          • 4.06

          • Name

          • KWIAX

          • Category

            • Expense Ratio

            • 1.20%

            • 0.83%

            • Net Assets

            • 2.68M

            • 640.53M

            • Dividend Yield

            • -

            • 2.30

            • Price/Book

            • -

            • 2.21

            • Price/Sales

            • -

            • 1.52

            • Price/Cash Flow

            • -

            • 7.30

            Profile

            Name of Issuer

            Kinetics

            Fund Style

            Open

            Fund Manager

            Derek Devens

            Investment Style

            -

            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.

            Purchase Information

            Initial Purchase 2,500
            Initial Purchase: IRA 2,500
            Initial Purchase: AIP NA
            Front load 5.75
            Back Load 5.75

            Inception

            6/29/2007