Kinetics Medical Adv A
Name
As of 11/18/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
6.5%
3 Yr Avg Return
6.2%
5 Yr Avg Return
4.1%
Net Assets
$18.1 M
Holdings in Top 10
70.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.64%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 1.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/18/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
KRXAX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 6.2%
- 5 Yr Annualized Total Return 6.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.59%
- Dividend Yield 0.6%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameKinetics Medical Fund
-
Fund Family NameKinetics
-
Inception DateApr 26, 2001
-
Shares Outstanding69962
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPeter Doyle
Fund Description
KRXAX - Performance
Return Ranking - Trailing
Period | KRXAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -25.6% | 23.4% | 1.67% |
1 Yr | 6.5% | -47.9% | 11.7% | 2.37% |
3 Yr | 6.2%* | -19.6% | 19.7% | 15.29% |
5 Yr | 4.1%* | -13.9% | 15.3% | 26.67% |
10 Yr | 5.3%* | -5.3% | 16.9% | 55.96% |
* Annualized
Return Ranking - Calendar
Period | KRXAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.2% | -53.9% | 11.7% | 1.78% |
2022 | 4.6% | -22.3% | 18.5% | 26.95% |
2021 | 1.9% | -4.7% | 41.4% | 77.07% |
2020 | 3.1% | -10.2% | 13.1% | 88.65% |
2019 | -1.6% | -5.7% | 26.9% | 57.04% |
Total Return Ranking - Trailing
Period | KRXAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -41.2% | 23.4% | 1.67% |
1 Yr | 6.5% | -47.9% | 28.3% | 9.29% |
3 Yr | 6.2%* | -19.6% | 19.7% | 19.05% |
5 Yr | 6.0%* | -13.9% | 15.3% | 19.18% |
10 Yr | 9.4%* | -5.3% | 16.9% | 41.44% |
* Annualized
Total Return Ranking - Calendar
Period | KRXAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.2% | -53.9% | 11.7% | 1.78% |
2022 | 4.6% | -22.3% | 18.5% | 26.95% |
2021 | 1.9% | -4.7% | 41.4% | 77.07% |
2020 | 3.1% | -10.2% | 13.1% | 89.36% |
2019 | 0.3% | -5.7% | 26.9% | 20.74% |
NAV & Total Return History
KRXAX - Holdings
Concentration Analysis
KRXAX | Category Low | Category High | KRXAX % Rank | |
---|---|---|---|---|
Net Assets | 18.1 M | 732 K | 46.2 B | 81.25% |
Number of Holdings | 33 | 3 | 507 | 87.75% |
Net Assets in Top 10 | 12.8 M | 2.18 K | 21.6 B | 71.57% |
Weighting of Top 10 | 70.26% | 12.3% | 100.0% | 3.43% |
Top 10 Holdings
- Bristol-Myers Squibb Co 9.44%
- AbbVie Inc 8.92%
- Eli Lilly and Co 8.67%
- Pfizer Inc 8.55%
- Johnson & Johnson 6.83%
- Novartis AG ADR 6.76%
- Intellia Therapeutics Inc 6.42%
- Merck & Co Inc 6.32%
- Amgen Inc 5.32%
- CRISPR Therapeutics AG 5.21%
Asset Allocation
Weighting | Return Low | Return High | KRXAX % Rank | |
---|---|---|---|---|
Stocks | 97.81% | 0.09% | 106.13% | 66.67% |
Cash | 2.19% | -0.10% | 99.91% | 26.47% |
Preferred Stocks | 0.00% | 0.00% | 7.86% | 28.92% |
Other | 0.00% | -22.99% | 3.38% | 35.78% |
Convertible Bonds | 0.00% | 0.00% | 0.37% | 26.47% |
Bonds | 0.00% | 0.00% | 12.39% | 25.00% |
Stock Sector Breakdown
Weighting | Return Low | Return High | KRXAX % Rank | |
---|---|---|---|---|
Healthcare | 99.49% | 26.56% | 100.00% | 62.25% |
Industrials | 0.51% | 0.00% | 7.02% | 2.94% |
Utilities | 0.00% | 0.00% | 1.52% | 22.55% |
Technology | 0.00% | 0.00% | 28.70% | 29.90% |
Real Estate | 0.00% | 0.00% | 7.13% | 27.94% |
Financial Services | 0.00% | 0.00% | 8.43% | 40.20% |
Energy | 0.00% | 0.00% | 0.00% | 22.06% |
Communication Services | 0.00% | 0.00% | 12.28% | 25.98% |
Consumer Defense | 0.00% | 0.00% | 25.73% | 32.84% |
Consumer Cyclical | 0.00% | 0.00% | 14.20% | 28.43% |
Basic Materials | 0.00% | 0.00% | 14.83% | 45.10% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | KRXAX % Rank | |
---|---|---|---|---|
US | 76.67% | 0.09% | 104.41% | 74.51% |
Non US | 21.14% | 0.00% | 45.40% | 23.04% |
KRXAX - Expenses
Operational Fees
KRXAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.64% | 0.08% | 3.13% | 16.99% |
Management Fee | 1.25% | 0.00% | 1.25% | 96.88% |
12b-1 Fee | 0.50% | 0.00% | 1.00% | 63.33% |
Administrative Fee | N/A | 0.03% | 0.25% | 10.71% |
Sales Fees
KRXAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 0.00% | 5.75% | 11.90% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
KRXAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 2.00% | 25.00% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
KRXAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 1.00% | 0.00% | 238.00% | 2.61% |
KRXAX - Distributions
Dividend Yield Analysis
KRXAX | Category Low | Category High | KRXAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.63% | 0.00% | 2.44% | 37.32% |
Dividend Distribution Analysis
KRXAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
KRXAX | Category Low | Category High | KRXAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.59% | -2.54% | 1.92% | 15.25% |
Capital Gain Distribution Analysis
KRXAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2018 | $0.166 | OrdinaryDividend |
Dec 28, 2017 | $0.179 | OrdinaryDividend |
Dec 30, 2016 | $0.098 | OrdinaryDividend |
Dec 30, 2015 | $0.074 | OrdinaryDividend |
Dec 30, 2013 | $0.030 | OrdinaryDividend |
Dec 27, 2012 | $0.305 | OrdinaryDividend |
Dec 30, 2010 | $0.058 | OrdinaryDividend |
Dec 30, 2009 | $0.121 | OrdinaryDividend |
KRXAX - Fund Manager Analysis
Managers
Peter Doyle
Start Date
Tenure
Tenure Rank
Sep 30, 1999
22.68
22.7%
Peter is a Senior Member of Horizon Kinetics’ Research Team. He is a member of the Investment Committee and the Board and manages customized portfolios for a number of Horizon Kinetics’ private clients. Peter is also the President of the Kinetics Mutual Funds, Inc., a series of U.S. mutual funds managed by Kinetics Asset Management LLC, a subsidiary of Horizon Kinetics. Previously, Peter was with Bankers Trust Company as a Senior Investment Officer, where he also served on the Finance, Utility and REIT Research sub-group teams. Peter received a BS from St. John’s University and an MBA from Fordham University
Bruce Abel
Start Date
Tenure
Tenure Rank
Sep 30, 1999
22.68
22.7%
Mr. Abel is a portfolio manager with Kinetics Asset Management, his employer since 1999. Prior to joining the firm, he was employed with Brookhaven National Laboratory since 1989 where he worked researching, developing and implementing technical and scientific programs and systems in the areas of nuclear physics and computer programming, and industrial design. He has over 10 years experience in the fields of science, chemistry, physics, and engineering.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 24.72 | 7.45 | 2.12 |