Address And Details
16 New Broadway , Sleepy Hollow, NY 10591 | |
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Fund Manager | Team Managed |
Manager Tenure |
Strategy And Objective
The investment objective of the Small Cap Opportunities Fund (the Small Cap Fund ) is long-term growth of capital. The Small Cap Fund is the sole feeder fund to The Small Cap Opportunities Portfolio (the Small Cap Portfolio ), a series of Kinetics Portfolios Trust. The Small Cap Fund is a non-diversified fund that invests all of its investable assets in the Small Cap Portfolio, a series of Kinetics Portfolios Trust. Under normal circumstances, the Small Cap Portfolio invests at least 80% of its net assets plus any borrowings for investment purposes in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks (such as American Depositary Receipts ( ADRs ), Global Depositary Receipts ( GDRs ) and International Depositary Receipts ( IDRs )) of U.S. and foreign small capitalization companies that provide attractive valuation opportunities. The Small Cap Portfolio s Investment Adviser considers small cap companies to be those with market capitalizations at or below the highest market capitalization of a component security within the S&P 600 SmallCap Index. The highest market capitalization of a company within the S&P 600 SmallCap Index was approximately $12.4 billion as of March 31, 2021. The Small Cap Portfolio may also invest in exchange-traded funds ( ETFs ) and purchase and write options for hedging purposes and/or direct investment.
Equity Sector Breakdown
Finance | 66.37% | |
NonDurables | 9.02% | |
Technology | 6.72% | |
Services | 2.89% | |
RetailTrade | 2.72% | |
IndustrialCyclical | 0.34% | |
Energy | 0.29% | |
ConsumerDurables | 0.10% | |
Health | n/a | |
Utilities | n/a |
Asset Allocation
Asset Type | % Of Allocation | |
---|---|---|
Stocks | 91.18% | |
ForeignStocks | 16.38% | |
Other | 4.69% | |
Bonds | 0.00% | |
Cash | 0.00% | |
Preferred | 0.00% | |
Convertible | 0.00% | |
ForeignBonds | 0.00% | |
ForeignHedged | 0.00% |
Total Net Assets | 9.49 M |
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Risk Measures
Criteria | 3 Years | 5 Years | 10 Years |
---|---|---|---|
Alpha | 2.79 | 4.48 | 0.07 |
Beta | 1.39 | 1.29 | 1.23 |
R Squared | 0.52 | 0.51 | 0.52 |
Std Deviation | 36.15 | 29.75 | 23.27 |
Sharpe Ratio | 0.69 | 0.79 | n/a |
Purchase Information
as of 5:05 PM ET 05/19/2022Minimum Initial | $2500 |
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Minimum Additional | $0 |
Minimum Initial IRA | $2500 |
Performance
Timeframe | Average Annual Current Performance Monthly As Of 04/30/2022 | Average Annual Current Performance Quarterly As Of 03/31/2022 | Avg Annual Current Performance Monthly As Of 04/30/2022 | Avg Annual Current Performance Quarterly As Of 03/31/2022 |
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1 Year |
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|
-3.02% | +0.91% |
3 Year |
|
|
+18.01% | +20.22% |
10 Year |
|
|
+15.22% | +15.94% |
Life Of Fund |
|
|
+8.49% | +8.80% |
Top 10 Holdings
Symbol | Company Name | % Of Assets |
---|---|---|
CACI | CACI INTERNATIONAL CLASS - A | 5.62% |
TPL | TEXAS PACIFIC LAND CORPORATI | 47.84% |
OTHER | TOTAL*OTHER | 4.49% |
MISC | TOTAL*MISCELLANEOUS | 3.91% |
LYV | LIVE NATION ENTERTAINMENT | 3.42% |
AC | ASSOCIATED CAPITAL GROUP INC | 3.31% |
IEP | ICAHN ENTERPIRSES LP | 3.04% |
WEN | WENDYS COMPANY | 2.50% |
GLXY | GALAXY DIGITAL HOLDINGS LTD | 2.50% |
IPAR | INTER PARFUMS | 2.28% |