AMENDMENT TO THE

KINETICS MUTUAL FUNDS, INC and KINETICS PORTFOLIOS TRUST

FUND ACCOUNTING SERVICING AGREEMENT

THIS AMENDMENT, effective as of the last date on the signature block, to the Fund Accounting Servicing Agreement, is entered into by and among Kinetics Mutual Funds, Inc., a Maryland corporation, Kinetics Portfolios Trust, a Delaware business trust and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company.

RECITALS

WHEREAS, the parties have entered into a Fund Accounting Servicing Agreement dated as of December 15, 2005, as previously amended (the “Agreement”); and

WHEREAS the parties desire to remove the following funds from Exhibit A of the Agreement:

•The Medical Fund

•The Alternative Income Fund

WHEREAS, Section 15 of the Agreement allows for its amendment by a written instrument executed by the parties.

NOW, THEREFORE, the parties agree as follows:

Exhibit A of the Agreement is hereby superseded and replaced in its entirety by Exhibit A attached hereto.

Except to the extent amended hereby, the Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by a duly authorized officer on one or more counterparts as of the last date on the signature block.

KINETICS MUTUAL FUNDS, INC.	U.S. BANCORP FUND SERVICES, LLC
By:	By:
Name:	Name:
Title: Date:	Title: Date:
KINETICS PORTFOLIOS TRUST
By:
Name:
Title: Date:

    1

Exhibit A to the Fund Accounting Servicing Agreement

Kinetics Mutual Funds, Inc. and Kinetics Portfolios Trust at February 1, 2023

Separate Series of Kinetics Mutual Funds, Inc. - Feeder Funds

Name of Series

The Internet Fund

The Global Fund

The Paradigm Fund

The Small Cap Opportunities Fund

The Market Opportunities Fund

The Kinetics Spin-off and Corporate Restructuring Fund

The Multi-Disciplinary Income Fund

Separate Series of Kinetics Portfolios Trust - Master Investment Portfolios

Name of Series

The Internet Portfolio The Global Portfolio The Paradigm Portfolio

The Small Cap Opportunities Portfolio The Market Opportunities Portfolio

The Multi-Disciplinary Income Portfolio

    2