# EDGAR Filing Document

**Accession Number:** 0001083387
**File Stem:** 0001145549-23-011867
**Filing Date:** 2023-2
**Character Count:** 4430
**Document Hash:** cf835f653af5cbccdb14f2825e11667f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-011867.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001145549-23-011867

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KINETICS MUTUAL FUNDS INC
- **CENTRAL INDEX KEY:** 0001083387
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09303
- **FILM NUMBER:** 23677114

**BUSINESS ADDRESS:**
- **STREET 1:** 470 PARK AVENUE SOUTH
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016
- **BUSINESS PHONE:** 914-703-6900

**MAIL ADDRESS:**
- **STREET 1:** 470 PARK AVENUE SOUTH
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10016

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MEDICAL FUND & THE CURE FOR CANCER INC
- **DATE OF NAME CHANGE:** 19990406

## Series and Classes Contracts Data

### Kinetics Alternative Income Fund (Series ID: S000017862)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000049583 | Advisor Class A     | KWIAX           |
| C000049584 | Advisor Class C     | KWICX           |
| C000049585 | No Load Class       | KWINX           |
| C000049586 | Institutional Class | KWIIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Kinetics Mutual Funds

- **b. Investment Company Act file number:** 811-09303

- **c. CIK number of Registrant:** 0001083387

- **d. LEI of Registrant:** 254900Z4PTNUE2SN9529

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 470 Park Avenue South

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10016

  - **Telephone number:** 800-930-3828

**Item A.2. Information about the Series.**

- **a. Name of Series:** Kinetics Alternative Income Fund Feeder 1

- **b. EDGAR series identifier (if any):** S000017862

- **c. LEI of Series:** 2549000O2C6NVKP3BL37

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $7403421.07

**Total Liabilities:** $19350.72

**Net Assets:** $7384070.35

**Cash Not Reported:** $7353461.02

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000049583 | -0.20%               |  |  |
| Class ID C000049584 | -0.24%               |  |  |
| Class ID C000049585 | -0.18%               | 1.37%                | 0.12%                |
| Class ID C000049586 | -0.16%               |  |  |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-22126.70                                 |
| Month 2  | $0.00                    | $91844.48                                  |
| Month 3  | $416.88                  | $-18785.00                                 |

### Schedule of Portfolio Investments

| Name                                    | Title                                   | Identifiers            | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| KINETICS WATER INFRASTRUCTURE PORTFOLIO | KINETICS WATER INFRASTRUCTURE PORTFOLIO | CUSIP: N/A<br>LEI: N/A | Long             | EC               | RF                | US        |         1 | NS      | $7353461.02   | 99.59%            |  |  |  | No            | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2023-02-24

**Name of Applicant:** Kinetics Mutual Funds

**Signature:** /s/ Jay Kesslen

**Name of Signer:** Kinetics Mutual Funds Inc

**Title:** Vice President