KMDAX Performance — Kinetics Multi-Disciplinary Income Fund, Advisor Class A
Data updated: 2026-08-19
KMDAX returned −2.94% over one year to Oct 2022. Over one year the fund beat its US Blend category average: $100 grew to $97, against $86 for the category. Volatility over the past 12 months was 2.13% a year. In the 12 months to Jun 2026 the fund took in a net $2.2M, and assets reached $17.50M.
KMDAX Growth of $100
What $100 invested in Kinetics Multi-Disciplinary Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Blend category average over the same months.
| Period | KMDAX | Category average |
|---|---|---|
| 1 year (Nov 2021 – Oct 2022) | $97 | $86 |
| 3 years (Nov 2019 – Oct 2022) | $98 | $106 |
| Since data start (Jul 2019 – Oct 2022) | $99 | $108 |
KMDAX Trailing Returns
Total returns to Oct 2022, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −2.94% |
3- and 5-year figures withheld: too few months to verify.
KMDAX Annual Returns
Calendar-year total returns of Kinetics Multi-Disciplinary Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2022 (Jan–Oct) | −2.38% |
| 2021 | +0.94% |
| 2020 | −1.62% |
| 2019 (Jul–Dec) | +1.84% |
KMDAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | −0.6% | −0.7% | +0.1% | −0.7% | 0.0% | −1.0% | +0.7% | +0.1% | −1.1% | +0.7% | — | — |
| 2021 | +0.2% | +0.4% | +0.6% | +0.5% | 0.0% | +0.2% | −0.3% | +0.2% | −0.3% | +0.1% | −0.7% | +0.1% |
| 2020 | +0.3% | −1.3% | −9.7% | +3.3% | +2.5% | +0.7% | +1.5% | 0.0% | +0.2% | −0.3% | +1.6% | +0.3% |
| 2019 | — | — | — | — | — | — | 0.0% | +0.4% | +0.4% | +0.4% | 0.0% | +0.6% |
KMDAX Risk
Risk measures from monthly returns over Nov 2021 – Oct 2022.
- 1-year volatility (annualised): 2.13%
- Best month: +0.71% (Oct 2022)
- Worst month: −1.08% (Sep 2022)
KMDAX Fund Flows
Monthly money in and out of Kinetics Multi-Disciplinary Income Fund, from SEC Form N-PORT.
- 12-month net flow: $2.2M
- 12-month gross sales (incl. reinvestments): $6.2M
- Sales ÷ redemptions: 1.54×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $580K | $329K | $251K |
| May 2026 | $355K | $1.3M | −$913K |
| Apr 2026 | $467K | $69K | $398K |
| Mar 2026 | $231K | $165K | $66K |
| Feb 2026 | $965K | $412K | $554K |
| Jan 2026 | $384K | $364K | $20K |
| Dec 2025 | $751K | $195K | $556K |
| Nov 2025 | $210K | $241K | −$31K |
| Oct 2025 | $747K | $144K | $604K |
| Sep 2025 | $1.2M | $449K | $798K |
| Aug 2025 | $47K | $138K | −$91K |
| Jul 2025 | $241K | $282K | −$41K |
KMDAX Assets Under Management
Net assets of Kinetics Multi-Disciplinary Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $17.50M |
| 2026-03-31 | $17.73M |
| 2025-12-31 | $17.16M |
| 2025-09-30 | $16.01M |
| 2025-06-30 | $15.35M |
| 2025-03-31 | $14.61M |
| 2024-12-31 | $13.41M |
| 2024-09-30 | $14.19M |
| 2024-06-30 | $13.49M |
| 2024-03-31 | $11.90M |
| 2023-12-31 | $12.12M |
| 2023-09-30 | $11.90M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.