Morningstar

Kinetics Multi-Disciplinary Income Fund Class No Load KMDNX

Morningstar Medalist Rating
Medalist Rating as of | See Kinetics Investment Hub
  • NAV / 1-Day Return 9.96  /  0.00
  • Total Assets 17.1M
  • Adj. Expense Ratio
    0.740%
  • Expense Ratio 0.740%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 4.89%
  • Effective Duration —

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 1:15 AM GMT+0

Morningstar’s Analysis KMDNX

Will KMDNX outperform in the 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.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Kinetics Multi-Disciplinary Inc No Load holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings KMDNX

More KMDNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 42.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

US BANK MMDA - USBGFS 7

9.34 2M
Cash and Equivalents

SOUND POINT CLO LTD 2024-39 5.62%

5.63 1M
Securitized

Sound Point Clo 2025R-1 Ltd. 5.31%

4.51 800,883
Securitized

APEX CREDIT CLO LTD 5.52%

4.50 799,682
Securitized

Elevation CLO 2013-1 LTD 5.57%

4.23 752,051
Securitized

ATLANTIC AVENUE LTD 2023-1 5.47%

4.22 749,981
Securitized

Eaton Vance Clo 2013-1 Ltd 5.42%

4.22 749,529
Securitized

BLUEMOUNTAIN CLO XXXIII LTD 5.37%

4.22 749,016
Securitized

BLACK DIAMOND CLO 2022-1 LTD 5.41%

4.21 747,653
Securitized

Venture 36 Clo Ltd. 5.57%

3.52 625,558
Securitized

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