KWIAX — Kinetics Alternative Income Fund
Data updated: 2023-03-16
KWIAX — Kinetics Alternative Income Fund. Emerging Markets Real Estate · $7.38M AUM · 1.25% expense ratio. Holdings, fees, performance and SEC filings.
KWIAX Fund Overview
KWIAX — Kinetics Alternative Income Fund is a US mutual fund managed by Kinetics Mutual Funds INC, categorised as Emerging Markets Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Kinetics Mutual Funds INC
- Category: Emerging Markets Real Estate
- Assets under management: $7.38M
- 1-year return: -6.0%
- Ticker: KWIAX
- SEC CIK: 0001083387
- SEC series ID: S000017862
- Share class ID: C000049583
KWIAX Holdings
Top 1 holdings of Kinetics Alternative Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Kinetics Water Infrastructure Portfolio | 99.77% |
KWIAX Portfolio Allocation
Asset-class allocation of Kinetics Alternative Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.8% |
KWIAX Performance
Total returns for KWIAX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -6.0% |
| 3 years (annualised) | -1.8% |
KWIAX Risk Information
Risk metrics for KWIAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.5%
KWIAX Costs and Fees
KWIAX costs about $125 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.25%
- Gross expense ratio: 2.65%
- Portfolio turnover: 0%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
KWIAX Cashflows
Over the 12 months to 2022-12, Kinetics Alternative Income Fund had net inflows of $22.66M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-12 | $3.07M |
| 2022-11 | $18.49M |
| 2022-10 | $34.49K |
| 2022-09 | $200.81K |
| 2022-08 | $114.49K |
| 2022-07 | $19.51K |
KWIAX Debt Constituents
No individual debt constituents are reported in Kinetics Alternative Income Fund's latest SEC N-PORT filing.
KWIAX Prospectus and SEC Filings
Official Kinetics Alternative Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-04-29
- Prospectus supplement (497) — filed 2022-05-05
- Prospectus supplement (497) — filed 2021-07-15
- Portfolio holdings (N-PORT) — filed 2023-02-28
- Portfolio holdings (N-PORT) — filed 2022-11-29
- Portfolio holdings (N-PORT) — filed 2022-08-29
- Annual census (N-CEN) — filed 2023-03-16
- Annual census (N-CEN) — filed 2022-03-15
Related Funds
Other Emerging Markets Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.