Morningstar

Kinetics Global Adv A KGLAX

Morningstar Medalist Rating
Medalist Rating as of | See Kinetics Investment Hub
  • NAV / 1-Day Return 13.29  /  −0.30 %
  • Total Assets 36.3 Mil
  • Adj. Expense Ratio
    1.640%
  • Expense Ratio 1.640%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Moderate Allocation
  • Investment Style Small Growth
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.75%
  • Turnover 16%

USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:25 PM GMT+0

Morningstar’s Analysis KGLAX

Will KGLAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable KGLAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the KGLAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of KGLAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Kinetics Global Adv A boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings KGLAX

More KGLAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 69.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
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Cash and Equivalents

GAMCO Investors Inc Class A

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Wheaton Precious Metals Corp

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Basic Materials

Galaxy Digital Holdings Ltd

1.84 490,596
Financial Services

Sandstorm Gold Ltd

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Basic Materials

Clarkson PLC

1.76 471,002
Industrials

Associated Capital Group Inc Class A

1.70 452,466
Financial Services

Permian Basin Royalty Trust

1.69 450,400
Energy

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