Kinetics Alternative Income Fund

Frequently Asked Questions About KWIAX

What does KWIAX invest in?

Operating as a diversified investment vehicle, this fund channels all its investable capital into the Alternative Income Portfolio, which is a specific series within the Kinetics Portfolios Trust. Ordinarily, the Alternative Income Portfolio primarily holds fixed income securities. It also employs an equity put option writing strategy, with the objective of generating returns from the premiums received.

What is the expense ratio of KWIAX?

An expense ratio for Kinetics Alternative Income Fund (KWIAX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is KWIAX?

Kinetics Alternative Income Fund (KWIAX) manages $7.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is KWIAX actively managed or an index fund?

KWIAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was KWIAX launched?

Kinetics Alternative Income Fund (KWIAX) launched in January 2019 and is managed by the fund issuer.

How has KWIAX performed?

KWIAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.