# EDGAR Filing Document

**Accession Number:** 0001083387
**File Stem:** 0000894189-25-004769
**Filing Date:** 2025-6
**Character Count:** 7213
**Document Hash:** a8aefe771b77b9acb07ac5703ede6859
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-004769.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0000894189-25-004769

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250627

**DATE AS OF CHANGE**: 20250627

**EFFECTIVENESS DATE**: 20250627

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KINETICS MUTUAL FUNDS INC
- **CENTRAL INDEX KEY:** 0001083387

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-78275
- **FILM NUMBER:** 251083870

**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 Internet Fund (Series ID: S000005029)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Advisor Class C     | KINCX         | C000013712 |
| Institutional Class | nan           | C000013713 |
| No Load Class       | WWWFX         | C000013714 |
| Advisor Class A     | KINAX         | C000013715 |

---

### Kinetics Paradigm Fund (Series ID: S000005030)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| No Load Class       | WWNPX         | C000013717 |
| Advisor Class A     | KNPAX         | C000013718 |
| Advisor Class C     | KNPCX         | C000013719 |
| Institutional Class | KNPYX         | C000013720 |

---

### Kinetics Small Cap Opportunities Fund (Series ID: S000005031)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Advisor Class C     | KSOCX         | C000013722 |
| No Load Class       | KSCOX         | C000013723 |
| Advisor Class A     | KSOAX         | C000013724 |
| Institutional Class | KSCYX         | C000013725 |

---

### Kinetics Global Fund (Series ID: S000005032)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Advisor Class A     | KGLAX         | C000013726 |
| Advisor Class C     | KGLCX         | C000013728 |
| Institutional Class | nan           | C000013729 |
| No Load Class       | WWWEX         | C000013730 |

---

### Kinetics Market Opportunities Fund (Series ID: S000005035)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| No Load Class       | KMKNX         | C000013737 |
| Advisor Class A     | KMKAX         | C000013738 |
| Advisor Class C     | KMKCX         | C000013740 |
| Institutional Class | KMKYX         | C000013741 |

---

### Kinetics Multi-Disciplinary Income Fund (Series ID: S000020819)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| No Load             | KMDNX         | C000058159 |
| Advisor Class A     | KMDAX         | C000058160 |
| Advisor Class C     | KMDCX         | C000058161 |
| Institutional Class | KMDYX         | C000058162 |

---

### Kinetics Spin-Off and Corporate Restructuring Fund (Series ID: S000058593)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Advisor Class A     | LSHAX         | C000192497 |
| Advisor Class C     | LSHCX         | C000192498 |
| Institutional Class | LSHUX         | C000192499 |
| No Load Class       | LSHEX         | C000192500 |

---

## Series and Classes Contracts Data

### Kinetics Internet Fund (Series ID: S000005029)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000013712 | Advisor Class C     | KINCX           |
| C000013713 | Institutional Class |  |
| C000013714 | No Load Class       | WWWFX           |
| C000013715 | Advisor Class A     | KINAX           |

### Kinetics Paradigm Fund (Series ID: S000005030)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000013717 | No Load Class       | WWNPX           |
| C000013718 | Advisor Class A     | KNPAX           |
| C000013719 | Advisor Class C     | KNPCX           |
| C000013720 | Institutional Class | KNPYX           |

### Kinetics Small Cap Opportunities Fund (Series ID: S000005031)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000013722 | Advisor Class C     | KSOCX           |
| C000013723 | No Load Class       | KSCOX           |
| C000013724 | Advisor Class A     | KSOAX           |
| C000013725 | Institutional Class | KSCYX           |

### Kinetics Global Fund (Series ID: S000005032)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000013726 | Advisor Class A     | KGLAX           |
| C000013728 | Advisor Class C     | KGLCX           |
| C000013729 | Institutional Class |  |
| C000013730 | No Load Class       | WWWEX           |

### Kinetics Market Opportunities Fund (Series ID: S000005035)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000013737 | No Load Class       | KMKNX           |
| C000013738 | Advisor Class A     | KMKAX           |
| C000013740 | Advisor Class C     | KMKCX           |
| C000013741 | Institutional Class | KMKYX           |

### Kinetics Multi-Disciplinary Income Fund (Series ID: S000020819)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000058159 | No Load             | KMDNX           |
| C000058160 | Advisor Class A     | KMDAX           |
| C000058161 | Advisor Class C     | KMDCX           |
| C000058162 | Institutional Class | KMDYX           |

### Kinetics Spin-Off and Corporate Restructuring Fund (Series ID: S000058593)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000192497 | Advisor Class A     | LSHAX           |
| C000192498 | Advisor Class C     | LSHCX           |
| C000192499 | Institutional Class | LSHUX           |
| C000192500 | No Load Class       | LSHEX           |

**Kinetics Mutual Funds, Inc.**

**The Internet Fund**

**The Global Fund**

**The Paradigm Fund**

**The Small Cap Opportunities Fund**

**The Market Opportunities Fund**

**The Multi-Disciplinary Income Fund**

**The Kinetics Spin-off and Corporate Restructuring Fund**

**(each a "Fund")**

**Supplement dated June 27, 2025,** 

**to the Statements of Additional Information** 

**dated April 30, 2025**

Consistent with a planned retirement previously communicated to the Board of Directors/Board of Trustees of Kinetics Mutual Funds, Inc. (collectively, the "Boards") Murray Stahl resigned from the Boards effective as of the close of business on June 6, 2025. Accordingly, all references and information pertaining to Mr. Stahl as a Director/Trustee are hereby removed.

Notwithstanding his resignation from the Boards, Mr. Stahl will continue in his role as Co-Portfolio Manager for the applicable Funds.

\* \* \* \* \* \* \* \* \* \* \* \*

**Please retain this Supplement with your Statements of Additional Information for future reference**.

<br>