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Kinetics Alternative Income Advisor A (KWIAX) Fund Ranking and Research

Ranking, Research and Recommendation of Kinetics Alternative Income Advisor A (KWIAX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Kinetics Alternative Income Advisor A Fund (KWIAX) ManagerFund Manager - Matthew Houk

Fund Manager Information

Fund Manager Tenure: 4.1 years
Similar Funds: KWICX  KWIIX  KWINX 
Fund Family: Kinetics
Fund Category: Short-Term Bond
Fund Performance: May 30, 2016
Fundmojo Fund Grade: A (Score: 0.72)     (What does this score mean?)

 

Graph of Kinetics Alternative Income Advisor A Fund (KWIAX) ProfileKinetics Alternative Income Advisor A Fund (KWIAX) Profile

Fund Profile and Description

Kinetics Alternative Income Advisor A Funds seek long-term capital growth and current income is the secondary objective. Kinetics Alternative Income Advisor A Fund invests no more than 100% of net assets in fixed income securities. There are no limitations as to the maturities or credit ratings of the fixed income securities in which the Water Infrastructure Portfolio may invest; provided, however, that the Water Infrastructure Portfolio will invest no more than 80% of total assets in convertible and non-convertible debt securities rated below investment grade, also known as junk bonds, or unrated securities which the Investment Adviser has determined to be of comparable quality. It is non-diversified.

 

Kinetics Alternative Income Advisor A (KWIAX) Fund Strength What we like about Kinetics Alternative Income Advisor A (KWIAX) Fund

Data for Kinetics Alternative Income Advisor A Fund (KWIAX) as of May 30, 2016

  • Kinetics Alternative Income Advisor A Fund (KWIAX) management has been with Kinetics Alternative Income Advisor A Fund for 4.1 years
  • Kinetics Alternative Income Advisor A Fund (KWIAX) has good short-term performance (1-year return 1.34% vs 0.74% Short-Term Bond category median performance)
  • Kinetics Alternative Income Advisor A Fund (KWIAX) has good mid-term performance (3-year return 2.71% vs 0.93% Short-Term Bond category median performance)
  • Kinetics Alternative Income Advisor A Fund (KWIAX) has good Long-term performance (5-year return 2.01% vs 1.38% Short-Term Bond category median performance)
  • Kinetics Alternative Income Advisor A Fund (KWIAX) has an annual stock turnover rate of 6.00% vs Short-Term Bond average of 64.39%. It is good that Kinetics Alternative Income Advisor A management does not trade extensively for its return.

Kinetics Alternative Income Advisor A Fund (KWIAX) Weakness What we are cautious about Kinetics Alternative Income Advisor A (KWIAX) Fund

Data for Kinetics Alternative Income Advisor A Fund (KWIAX) as of May 30, 2016

  • Kinetics Alternative Income Advisor A Fund (KWIAX) ratio of up-years vs down years can be improved
  • Kinetics Alternative Income Advisor A Fund (KWIAX) has a Morningstar rating of 3 and below
  • Kinetics Alternative Income Advisor A Fund (KWIAX) is more volatile than its peers as it has a 3-year Standard Deviation of 3.04 that is higher than category average of 1.36
  • Kinetics Alternative Income Advisor A Fund (KWIAX) has a higher expense ratio of 1.20% than its Short-Term Bond average of 0.80%
  • Kinetics Alternative Income Advisor A Fund (KWIAX) carries a 5.75% load
  • Asset base in Kinetics Alternative Income Advisor A Fund (KWIAX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support
See Kinetics Alternative Income Advisor A Fund (KWIAX) performance details as of May 30, 2016

 

What do you think?

 

Compare Kinetics Alternative Income Advisor A Fund (KWIAX)Compare with other top Short-Term Bond category mutual funds

Aadditional top Short-Term Bond mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Kinetics Alternative Income Advisor A1.471.342.712.01
Hartford Short Duration I (HSDIX)2.031.361.562.08Compare
Principal Short-Term Income R5 (PSIQX)1.481.141.271.77Compare
Morgan Stanley Inst Limited Duration I (MPLDX)3.682.861.941.90Compare

See top fund managers for Short-Term Bond Category Funds

 

Compare Kinetics Alternative Income Advisor A Fund (KWIAX)Compare with Short-Term Bond category ETFs

Some Short-Term Bond ETFs for your consideration

ETFYear to DateOne YearThree Year
Vanguard Short-Term Bond ETF (BSV)1.45%1.38%1.31%
iShares 1-3 Year Credit Bond (CSJ)1.33%1.29%1.11%
SPDR Barclays Short Term Corp Bd ETF (SCPB)000
Vanguard Short-Term Corporate Bond ETF (VCSH)000

 

Graph of Kinetics Alternative Income Advisor A Fund (KWIAX) Net Asset TrackingKinetics Alternative Income Advisor A (KWIAX) Fund Net Asset

Track net asset change of Kinetics Alternative Income Advisor A fund (KWIAX)

DateNet Asset
05/2016$26.33M
03/2016$27.32M
02/2016$27.63M
More historic net asset information on Kinetics Alternative Income Advisor A Fund (KWIAX)

  

Graph of Kinetics Alternative Income Advisor A Fund (KWIAX) Portfolio TrackingKinetics Alternative Income Advisor A (KWIAX) Fund Portfolio Allocation

Track portfolio allocation change of Kinetics Alternative Income Advisor A fund (KWIAX)

DateCashStockBondOther
03/201660.99%0%38.96%0%
12/201554.13%0.11%45.57%0.11%
09/201539.21%0.08%60.42%0.08%
Click here to see more historic asset allocation information on Kinetics Alternative Income Advisor A Fund (KWIAX)

 

graph of Kinetics Alternative Income Advisor A Fund (KWIAX) Top 10 Position TrackingTop 10 Holdings in Kinetics Alternative Income Advisor A (KWIAX) Fund

Discover what Kinetics Alternative Income Advisor A Fund (KWIAX) manager is buying

Mar 30, 2016
iShares 1-3 Year Credit Bond [10.85%]
Vanguard Short-Term Corporate Bond ETF [6.62%]
US Treasury Note 0.875% [3.25%]
SPDR® Barclays Short Term Corp Bd ETF [2.8%]
US Treasury Note 0.75% [1.91%]
PIMCO Enhanced Short Maturity Active ETF [1.81%]
Amer Intl Grp Inc Mtn Be 5.45% [1.59%]
Phillips 66 2.95% [1.36%]
Hess 1.3% [1.32%]
Aetna Inc New 1.75% [1.15%]

Dec 30, 2015
iShares 1-3 Year Credit Bond [10.12%]
Vanguard Short-Term Corporate Bond ETF [6.14%]
US Treasury Note 0.875% [3.04%]
SPDR® Barclays Short Term Corp Bd ETF [2.62%]
US Treasury Note 0.75% [1.79%]
PIMCO Enhanced Short Maturity Active ETF [1.69%]
Amer Intl Grp Inc Mtn Be 5.45% [1.51%]
Phillips 66 2.95% [1.27%]
Hess 1.3% [1.23%]
Aetna Inc New 1.75% [1.08%]

Sep 29, 2015
iShares 1-3 Year Credit Bond [11.58%]
Vanguard Short-Term Corporate Bond ETF [8.01%]
US Treasury Note 0.875% [2.76%]
SPDR® Barclays Short Term Corp Bd ETF [2.37%]
US Treasury Note 0.75% [1.62%]
PIMCO Enhanced Short Maturity Active ETF [1.53%]
Amer Intl Grp Inc Mtn Be 5.45% [1.38%]
Duke Engy Corp New 2.15% [1.31%]
Starbucks 0.875% [1.29%]
Phillips 66 2.95% [1.16%]
Click here for Stock Holding Change Map in Kinetics Alternative Income Advisor A Fund (KWIAX)

  

Latest News on Kinetics Alternative Income Advisor A (KWIAX) Fund

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Kinetics Alternative Income Advisor A Fund (KWIAX) Related ResourcesSee more information on Kinetics Alternative Income Advisor A (KWIAX) Fund

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