Skip to Content
Morningstar

Kinetics Multi-Disciplinary Inc No Load KMDNX

Morningstar Medalist Rating
Medalist Rating as of | See Kinetics Investment Hub
  • NAV / 1-Day Return 9.99  /  0.00
  • Total Assets 12.1 Mil
  • Adj. Expense Ratio
    1.020%
  • Expense Ratio 1.020%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 5.87%
  • Effective Duration —

USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:14 PM GMT+0

Morningstar’s Analysis KMDNX

Will KMDNX 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 KMDNX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the KMDNX 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 KMDNX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Kinetics Multi-Disciplinary Inc No Load's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings KMDNX

More KMDNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 41.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

US BANK MMDA - USBGFS 7

6.50 790,024
Cash and Equivalents

BARINGS CLO LTD 2023-I 7.17%

4.54 550,866
Securitized

FORTRESS CREDIT BSL XVIII LIMITED 7.66%

4.14 502,988
Securitized

MAN US CLO 2023-1 LTD 7.66%

4.14 502,364
Securitized

37 CAPITAL CLO 3 LTD 7.44%

4.13 501,886
Securitized

BATTERY PARK CLO II LTD 7.63%

4.13 501,732
Securitized

Post CLO 2023-1 Ltd

4.13 501,224
Corporate

VENTURE 48 CLO LIMITED 8.17%

4.13 501,224
Securitized

ICG US CLO 2023-1 I Ltd. / ICG US CLO 2023-1 I LLC 8.4%

4.13 501,056
Securitized

REGATTA XVI FUNDING LTD 7.71%

4.12 500,842
Securitized