Kinetics Alternative Income Advisor A (KWIAX)
* As of 28-Feb-13
Quotes delayed, except where indicated otherwise. Currency in USD.
|Symbol||% Assets||YTD Return %|
|iShares Barclays 1-3 Year Credit Bond||21.73||0.00|
|SPDR Barclays Capital Short Term Corp Bd||8.76||16.67|
|Icahn Enterprises Lp/Corp Cv FRN||7.66||N/A|
|Morningstar Overall Rating:|
|Annual Report Expense Ratio (net):||1.89%|
Performance & Risk
|5y Avg Return:||-2.33%|
|Rank in Category (ytd):||63|
|% Rank in Category (ytd):||10.61%|
|Morningstar Risk Rating:||4|
The investment seeks current income and gains; long-term growth of capital is a secondary objective.
The Alternative Income Fund is a non-diversified fund that invests all of its investable assets in the Alternative Income Portfolio (formerly the Water Infrastructure Portfolio), a series of Kinetics Portfolios Trust. Under normal circumstances, the Alternative Income Portfolio will hold a diversified portfolio of primarily fixed income securities and implement an equity put writing option strategy intended to generate returns from the receipt of option premiums. The fund is non-diversified. View More