<?xml version="1.0" encoding="us-ascii"?><inf:proxyVoteTable xmlns:inf="http://www.sec.gov/edgar/document/npxproxy/informationtable">
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<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Mario J. Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Raymond C. Avansino, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Leslie B. Daniels</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Alexis Glick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Douglas R. Jamieson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Agnes Mullady</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Robert S. Prather, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Elisa M. Wilson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Reduce Authorized Class A Common Stock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Reduce Authorized Class B Common Stock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Eliminate Class of Preferred Stock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Ratify Deloitte &amp; Touche LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Elect Director William Cox</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Elect Director Anne Schaumburg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Elect Director Soonyoung Chang</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Elect Director Lars Rodert</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Elect Director Michele Coleman Mayes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Approve Return of Capital Distribution and Approve Reduction in Share Capital</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Change Company Name to Brookfield Wealth Solutions Ltd.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Amend By-Law Re: Simplification and Enhancement of Capital Structure</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>8</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Approve Escrowed Stock Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>8</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Approve Share Issuance Resolution</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G16250204</inf:cusip><inf:isin>BMG162502048</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Approve Re-Designation Resolution</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>77</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>77</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: John D. Cumming</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>38800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>38800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Annette D. Alvarez-Peters</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>38800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>38800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Douglas M. Carlson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>38800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>38800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Avraham M. Neikrug</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>38800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>38800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Colby A. Rollins</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>38800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>38800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Joseph S. Steinberg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>38800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>38800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Luanne D. Tierney</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>38800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>38800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To ratify the selection of BPM LLP as independent registered public accounting firm of the Company for the year ending December 31, 2024.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>38800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>38800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Rick Beckwitt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>514</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>514</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Mauro Gregorio</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>514</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>514</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Michael R. Haack</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>514</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>514</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Advisory resolution to approve the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>514</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>514</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Approval of an amendment to our Restated Certificate of Incorporation to allow for officer exculpation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>514</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>514</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>To approve the expected appointment of Ernst &amp; Young LLP as independent auditors for fiscal year 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>514</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>514</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Michael A. Daniels</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>46000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>46000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Lisa S. Disbrow</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>46000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>46000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Susan M. Gordon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>46000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>46000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: William L. Jews</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>46000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>46000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Ryan D. McCarthy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>46000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>46000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: John S. Mengucci</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>46000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>46000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Scott C. Morrison</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>46000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>46000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Philip O. Nolan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>46000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>46000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Debora A. Plunkett</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>46000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>46000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Stanton D. Sloane</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>46000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>46000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Charles L. Szews</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>46000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>46000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>To approve on a non-binding, advisory basis the compensation of our named executive officers; and</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>46000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>46000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>To ratify the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for fiscal year 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>46000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>46000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Barbara J. Duganier (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>831214</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>831214</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Tyler Glover (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>831214</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>831214</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Karl F. Kurz (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>831214</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>831214</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Robert Roosa (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>831214</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>831214</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Murray Stahl (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>831214</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>831214</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Marguerite Woung-Chapman (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>831214</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>831214</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To approve, by non-binding advisory vote, the executive compensation paid to the Company's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>831214</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>831214</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>831214</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>831214</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To approve an amendment to the Company's Second Amended and Restated Certificate of Incorporation to give holders of 25% of the Company's common stock the right to request a special meeting of stockholders.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>831214</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>831214</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding an amendment to the Company's Clawback Policy.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>831214</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>831214</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding stockholders' ability to act by written consent.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>831214</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>831214</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding the renomination of directors.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>831214</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>831214</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>01/27/2025</inf:meetingDate><inf:voteDescription>Approve Arrangement Resolution</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>178587</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>178587</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>01/27/2025</inf:meetingDate><inf:voteDescription>Approve Increase in Number of Directors from Twelve to Fourteen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>178587</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>178587</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>Approve Investment Concentration Restriction</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Christopher D. Hodgson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Sharmila Karve</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Jason Kenney</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Sumit Maheshwari</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director R. William McFarland</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Satish Rai</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Chandran Ratnaswami</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Gopalakrishnan Soundarajan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Lauren C. Templeton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Benjamin P. Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director V. Prem Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Ratify PricewaterhouseCoopers LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Robert J. Gunn</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director David L. Johnston</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Karen L. Jurjevich</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Christine A. Magee</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director R. William McFarland</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Christine N. McLean</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Brian J. Porter</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Timothy R. Price</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Lauren C. Templeton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Benjamin P. Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director V. Prem Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director William C. Weldon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Ratify PricewaterhouseCoopers LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Financed Emissions Disclosure</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>ENVIRONMENT OR CLIMATE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Margaret A. McKenzie</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Anna M. Alderson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Anuroop S. Duggal</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director P. Jane Gavan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Glenn A. McNamara</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Andrew M. Phillips</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Sheldon B. Steeves</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Approve KPMG LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Micky Arison as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Sir Jonathon Band as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Jason Glen Cahilly as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To elect Nelda J. Connors as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Helen Deeble as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Jeffrey J. Gearhart as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Katie Lahey as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Stuart Subotnick as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Laura Weil as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Josh Weinstein as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Randy Weisenburger as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To hold a (non-binding) advisory vote to approve executive compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To hold a (non-binding) advisory vote to approve the Carnival plc Directors' Remuneration Report (other than the section Containing the Carnival plc Directors' Renumeration Policy, as set out in the annual report for the year ended November 30, 2024)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To approve the Carnival plc Directors' Remuneration Policy set out in Section 3 of Part II of the Carnival plc Directors' Remuneration Report (in accordance with legal requirements applicable to UK companies).</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To appoint Deloitte LLP as independent auditor of Carnival plc and to ratify the selection of Deloitte &amp; Touche LLP as the independent registered public accounting firm of Carnival Corporation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To authorize the Audit Committee of Carnival plc to determine the remuneration of the independent auditor of Carnival plc (in accordance with legal requirements applicable to UK companies).</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To receive the accounts and reports of the Directors and auditor of Carnival plc for the year ended November 30, 2024 (in accordance with legal requirements applicable to UK companies).</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To approve the giving of authority for the allotment of new shares by Carnival plc (in accordance with customary practice for UK companies).</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To approve, subject to Proposal 18 passing, the disapplication of pre-emption rights in relation to the allotment of new shares and sale of treasury shares by Carnival plc (in accordance with customary practice for UK companies).</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To approve the amendment to the Carnival Corporation 1993 Employee Stock Purchase Plan.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>215000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>215000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Rick L. Burdick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Claire Bennett</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: David B. Edelson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Robert R. Grusky</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Norman K. Jenkins</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Lisa Lutoff-Perlo</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Michael Manley</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: G. Mike Mikan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jacqueline A. Travisano</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Ratification of the selection of KPMG LLP as the Company's independent registered public accounting firm for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Advisory vote to approve named executive officer compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Adoption of stockholder proposal regarding political contributions.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Adoption of stockholder proposal regarding diversity, equity, and inclusion efforts.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIVERSITY, EQUITY, AND INCLUSION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Equity LifeStyle Properties, Inc.</inf:issuerName><inf:cusip>29472R108</inf:cusip><inf:isin>US29472R1086</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Election of Nine (9) Directors: Andrew Berkenfield</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>68600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>68600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Equity LifeStyle Properties, Inc.</inf:issuerName><inf:cusip>29472R108</inf:cusip><inf:isin>US29472R1086</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Election of Nine (9) Directors: Derrick Burks</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>68600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>68600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Equity LifeStyle Properties, Inc.</inf:issuerName><inf:cusip>29472R108</inf:cusip><inf:isin>US29472R1086</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Election of Nine (9) Directors: Philip Calian</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>68600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>68600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Equity LifeStyle Properties, Inc.</inf:issuerName><inf:cusip>29472R108</inf:cusip><inf:isin>US29472R1086</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Election of Nine (9) Directors: David Contis</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>68600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>68600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Equity LifeStyle Properties, Inc.</inf:issuerName><inf:cusip>29472R108</inf:cusip><inf:isin>US29472R1086</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Election of Nine (9) Directors: Constance Freedman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>68600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>68600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Equity LifeStyle Properties, Inc.</inf:issuerName><inf:cusip>29472R108</inf:cusip><inf:isin>US29472R1086</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Election of Nine (9) Directors: Thomas Heneghan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>68600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>68600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Equity LifeStyle Properties, Inc.</inf:issuerName><inf:cusip>29472R108</inf:cusip><inf:isin>US29472R1086</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Election of Nine (9) Directors: Marguerite Nader</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>68600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>68600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Equity LifeStyle Properties, Inc.</inf:issuerName><inf:cusip>29472R108</inf:cusip><inf:isin>US29472R1086</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Election of Nine (9) Directors: Radhika Papandreou</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>68600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>68600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Equity LifeStyle Properties, Inc.</inf:issuerName><inf:cusip>29472R108</inf:cusip><inf:isin>US29472R1086</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Election of Nine (9) Directors: Scott Peppet</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>68600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>68600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Equity LifeStyle Properties, Inc.</inf:issuerName><inf:cusip>29472R108</inf:cusip><inf:isin>US29472R1086</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Ratification of the selection of Ernst &amp; Young LLP as the Company's Independent Registered Public Accounting Firm for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>68600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>68600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Equity LifeStyle Properties, Inc.</inf:issuerName><inf:cusip>29472R108</inf:cusip><inf:isin>US29472R1086</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Approval on a non-binding, advisory basis of our executive compensation as disclosed in the Proxy Statement.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>68600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>68600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Approve Final Dividend</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Laurence Hollingworth as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Andi Case as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Jeff Woyda as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Martine Bond as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Elect Constantin Cotzias as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Sue Harris as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Tim Miller as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Heike Truol as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Reappoint PricewaterhouseCoopers LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Board to Fix Remuneration of Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Issue of Equity</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise UK Political Donations and Expenditure</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Issue of Equity without Pre-emptive Rights</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Market Purchase of Ordinary Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise the Company to Call General Meeting with Two Weeks' Notice</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>86800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>86800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Barry Blattman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1769</inf:sharesVoted><inf:sharesOnLoan>175118</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1769</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Angela F. Braly</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1769</inf:sharesVoted><inf:sharesOnLoan>175118</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1769</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Marcel R. Coutu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1769</inf:sharesVoted><inf:sharesOnLoan>175118</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1769</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Scott Cutler</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1769</inf:sharesVoted><inf:sharesOnLoan>175118</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1769</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Bruce Flatt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1769</inf:sharesVoted><inf:sharesOnLoan>175118</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1769</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Olivia (Liv) Garfield</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1769</inf:sharesVoted><inf:sharesOnLoan>175118</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1769</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Nili Gilbert</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1769</inf:sharesVoted><inf:sharesOnLoan>175118</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1769</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Keith Johnson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1769</inf:sharesVoted><inf:sharesOnLoan>175118</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1769</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Brian W. Kingston</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1769</inf:sharesVoted><inf:sharesOnLoan>175118</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1769</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Cyrus Madon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1769</inf:sharesVoted><inf:sharesOnLoan>175118</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1769</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Diana Noble</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1769</inf:sharesVoted><inf:sharesOnLoan>175118</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1769</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director William Powell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1769</inf:sharesVoted><inf:sharesOnLoan>175118</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1769</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1769</inf:sharesVoted><inf:sharesOnLoan>175118</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1769</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1769</inf:sharesVoted><inf:sharesOnLoan>175118</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1769</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: William M. Farrow, III</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Fredric J. Tomczyk</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Edward J. Fitzpatrick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Ivan K. Fong</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Janet P. Froetscher</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jill R. Goodman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Erin A. Mansfield</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Cecilia H. Mao</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Alexander J. Matturri, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jennifer J. McPeek</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Roderick A. Palmore</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: James E. Parisi</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Approve, in a non-binding resolution, the compensation paid to our executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Ratify the appointment of KPMG LLP as our independent registered public accounting firm for the 2025 fiscal year.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Approve the Third Amended and Restated Cboe Global Markets, Inc. Long-Term Incentive Plan to, among other things, increase share reserve by 3,000,000 shares and extend the term of the plan.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Stockholder proposal regarding political spending.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Elect Chair of Meeting</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Agenda of Meeting</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Acknowledge Proper Convening of Meeting</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Katarina Berg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Gunnar Brock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Christian Cederholm</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Johan Forssell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Magdalena Gerger</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Tom Johnstone, CBE</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Isabelle Kocher</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Sven Nyman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Mats Rahmstrom</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Grace Reksten Skaugen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Hans Straberg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Jacob Wallenberg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Marcus Wallenberg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Sara Ohrvall</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income and Dividends of SEK 5.20 Per Share</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Determine Number of Members (13) and Deputy Members (0) of Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Determine Number of Auditors (1) and Deputy Auditors (0)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration of Directors in the Amount of SEK 3.5 Million for Chair, SEK 2.04 Million for Vice Chair and SEK 1.025 Million for Other Directors; Approve Remuneration for Committee Work</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration of Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Katarina Berg as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Christian Cederholm as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Magdalena Gerger as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Tom Johnstone, CBE as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Isabelle Kocher as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Sven Nyman as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Mats Rahmstrom as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Grace Reksten Skaugen as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Hans Straberg as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Jacob Wallenberg as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Marcus Wallenberg as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Sara Ohrvall as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Elect Fred Wallenberg as New Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Jacob Wallenberg as Board Chair</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Ratify Deloitte AB as Auditor</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Performance Share Matching Plan (LTVR) for Employees within Investor</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Performance Share Matching Plan (LTVR) for Employees within Patricia Industries</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Authorize Share Repurchase Program and Reissuance of Repurchased Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Equity Plan (LTVR) Financing Through Transfer of Shares to Participants</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Marco Alvera</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>340</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Martina Cheung</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>340</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jacques Esculier</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>340</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: William D. Green</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>340</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Stephanie C. Hill</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>340</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Rebecca Jacoby</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>340</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Ian P. Livingston</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>340</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Maria R. Morris</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>340</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Gregory Washington</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>340</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve, on an advisory basis, the executive compensation program for the Company's named executive officers, as described in the Proxy Statement;</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>340</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Ratify the appointment of Ernst &amp; Young LLP as the Company's independent registered public accounting firm for 2025;</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>340</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Vote on a shareholder proposal to amend the Company's clawback policy for unearned executive pay;</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>340</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director David Harquail</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>144500</inf:sharesVoted><inf:sharesOnLoan>3300</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Paul Brink</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>144500</inf:sharesVoted><inf:sharesOnLoan>3300</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Tom Albanese</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>144500</inf:sharesVoted><inf:sharesOnLoan>3300</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Hugo Dryland</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>144500</inf:sharesVoted><inf:sharesOnLoan>3300</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Derek W. Evans</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>144500</inf:sharesVoted><inf:sharesOnLoan>3300</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Catharine Farrow</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>144500</inf:sharesVoted><inf:sharesOnLoan>3300</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Maureen Jensen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>144500</inf:sharesVoted><inf:sharesOnLoan>3300</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Jennifer Maki</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>144500</inf:sharesVoted><inf:sharesOnLoan>3300</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Daniel Malchuk</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>144500</inf:sharesVoted><inf:sharesOnLoan>3300</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Jacques Perron</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>144500</inf:sharesVoted><inf:sharesOnLoan>3300</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>144500</inf:sharesVoted><inf:sharesOnLoan>3300</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>144500</inf:sharesVoted><inf:sharesOnLoan>3300</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ONEX Corporation</inf:issuerName><inf:cusip>68272K103</inf:cusip><inf:isin>CA68272K1030</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Robert M. Le Blanc</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ONEX Corporation</inf:issuerName><inf:cusip>68272K103</inf:cusip><inf:isin>CA68272K1030</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Sarabjit S. Marwah</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ONEX Corporation</inf:issuerName><inf:cusip>68272K103</inf:cusip><inf:isin>CA68272K1030</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Robert J. Shanfield</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ONEX Corporation</inf:issuerName><inf:cusip>68272K103</inf:cusip><inf:isin>CA68272K1030</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Sara Wechter</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ONEX Corporation</inf:issuerName><inf:cusip>68272K103</inf:cusip><inf:isin>CA68272K1030</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Ratify PricewaterhouseCoopers LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ONEX Corporation</inf:issuerName><inf:cusip>68272K103</inf:cusip><inf:isin>CA68272K1030</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Authorize Board to Fix Remuneration of Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ONEX Corporation</inf:issuerName><inf:cusip>68272K103</inf:cusip><inf:isin>CA68272K1030</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director George L. Brack</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Jaimie Donovan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Chantal Gosselin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Jeane Hull</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Glenn Ives</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Charles A. Jeannes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Marilyn Schonberner</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Randy V.J. Smallwood</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Srinivasan Venkatakrishnan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Thomas B. Fargo</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>865200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Celeste A. Connors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>865200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Elisia K. Flores</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>865200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Peggy Y. Fowler</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>865200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Micah A. Kane</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>865200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: William James Scilacci, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>865200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Scott W. H. Seu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>865200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Advisory vote to approve the compensation of HEI's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>865200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Approval of Amended and Restated Articles of Incorporation to Increase the Number of Authorized Shares of Common Stock.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>865200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of Deloitte &amp; Touche LLP as HEI's independent registered public accountant for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>865200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three directors: Richard A. Navarre</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>217600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three directors: Martin A. Lambert</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>217600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three directors: Constance B. Moore</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>217600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>We are asking that you approve, on a non-binding advisory basis, the compensation of our named executive officers as disclosed in the proxy statement, commonly referred to as a "Say-on-Pay" proposal.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>217600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Appointment of Ernst &amp; Young LLP as Auditors of Civeo Corporation for the ensuing year and authorization of the directors of Civeo Corporation, acting through the Audit Committee, to determine their remuneration.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>217600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Amanda M. Brock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>33600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jacinto J. Hernandez</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>33600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: W. Howard Keenan, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>33600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Ratify the appointment of BDO USA, P.C. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>33600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Markel Group Inc.</inf:issuerName><inf:cusip>570535104</inf:cusip><inf:isin>US5705351048</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of directors: Mark M. Besca</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Markel Group Inc.</inf:issuerName><inf:cusip>570535104</inf:cusip><inf:isin>US5705351048</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of directors: Lawrence A. Cunningham</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Markel Group Inc.</inf:issuerName><inf:cusip>570535104</inf:cusip><inf:isin>US5705351048</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of directors: Thomas S. Gayner</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Markel Group Inc.</inf:issuerName><inf:cusip>570535104</inf:cusip><inf:isin>US5705351048</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of directors: Greta J. Harris</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Markel Group Inc.</inf:issuerName><inf:cusip>570535104</inf:cusip><inf:isin>US5705351048</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of directors: Morgan E. Housel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Markel Group Inc.</inf:issuerName><inf:cusip>570535104</inf:cusip><inf:isin>US5705351048</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of directors: Diane Leopold</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Markel Group Inc.</inf:issuerName><inf:cusip>570535104</inf:cusip><inf:isin>US5705351048</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of directors: Steven A. Markel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Markel Group Inc.</inf:issuerName><inf:cusip>570535104</inf:cusip><inf:isin>US5705351048</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of directors: Jonathan E. Michael</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Markel Group Inc.</inf:issuerName><inf:cusip>570535104</inf:cusip><inf:isin>US5705351048</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of directors: Harold L. Morrison, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Markel Group Inc.</inf:issuerName><inf:cusip>570535104</inf:cusip><inf:isin>US5705351048</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of directors: Michael O'Reilly</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Markel Group Inc.</inf:issuerName><inf:cusip>570535104</inf:cusip><inf:isin>US5705351048</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of directors: A. Lynne Puckett</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Markel Group Inc.</inf:issuerName><inf:cusip>570535104</inf:cusip><inf:isin>US5705351048</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Advisory vote on approval of executive compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Markel Group Inc.</inf:issuerName><inf:cusip>570535104</inf:cusip><inf:isin>US5705351048</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Ratification of the selection of KPMG LLP by the Audit Committee of the Board of Directors as the Company's independent registered public accounting firm for the year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Markel Group Inc.</inf:issuerName><inf:cusip>570535104</inf:cusip><inf:isin>US5705351048</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Shareholder proposal for a report on the Company's greenhouse gas emissions.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>ENVIRONMENT OR CLIMATE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Markel Group Inc.</inf:issuerName><inf:cusip>570535104</inf:cusip><inf:isin>US5705351048</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Shareholder proposal for simple majority vote.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Arthur B. Winkleblack</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>339000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Peter W. May</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>339000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Matthew H. Peltz</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>339000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Wendy C. Arlin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>339000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Michelle Caruso-Cabrera</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>339000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Kristin A. Dolan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>339000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Richard H. Gomez</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>339000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Michelle J. Mathews-Spradlin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>339000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Peter H. Rothschild</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>339000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Kirk Tanner</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>339000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of Deloitte &amp; Touche LLP as the Company's independent registered public accounting firm for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>339000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Advisory resolution to approve executive compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>339000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Stockholder proposal regarding an emissions reduction assessment, if properly presented at the Annual Meeting.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>ENVIRONMENT OR CLIMATE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>339000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Stockholder proposal regarding worker-driven social responsibility, if properly presented at the Annual Meeting.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>339000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Stockholder proposal regarding single-use plastics, if properly presented at the Annual Meeting.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>ENVIRONMENT OR CLIMATE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>339000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors to a term ending in 2028: Reid T. Campbell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>906</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors to a term ending in 2028: Peter M. Carlson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>906</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors to a term ending in 2028: Suzanne F. Shank</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>906</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Approval of the advisory resolution on executive compensation</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>906</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Approval of the Company's amended and restated long-term incentive plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>906</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Approval of the appointment of PricewaterhouseCoopers LLP ("PwC") as the Company's Independent Registered Public Accounting Firm for 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>906</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: John F. Brock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Richard D. Fain</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Stephen R. Howe, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Michael O. Leavitt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jason T. Liberty</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Amy McPherson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Maritza G. Montiel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Ann S. Moore</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Eyal M. Ofer</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Vagn O. Sorensen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Donald Thompson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Arne Alexander Wilhelmsen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Rebecca Yeung</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Advisory approval of the Company's compensation of its named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Elect Director Michael Cooper</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Elect Director James Eaton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Elect Director Joanne Ferstman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Elect Director Richard Gateman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Elect Director P. Jane Gavan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Elect Director Duncan Jackman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Elect Director Jennifer Lee Koss</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Elect Director Vincenza Sera</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Amend Deferred Share Incentive Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>12200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Mario J. Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>260290</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>260290</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Marc Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>260290</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>260290</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Douglas R. Jamieson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>260290</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>260290</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Daniel R. Lee</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>260290</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>260290</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Bruce M. Lisman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>260290</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>260290</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Richard T. Prins</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>260290</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>260290</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Frederic V. Salerno</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>260290</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>260290</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Salvatore F. Sodano</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>260290</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>260290</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Elisa M. Wilson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>260290</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>260290</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Ratification of Appointment of Independent Registered Public Accountants</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>260290</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>260290</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Mario J. Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Raymond C. Avansino, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Leslie B. Daniels</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Alexis Glick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Douglas R. Jamieson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Agnes Mullady</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Robert S. Prather, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Elisa M. Wilson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Ratify Deloitte &amp; Touche LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Approve Increase in Size of Board from Fourteen to Sixteen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>658000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>658000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director M. Elyse Allan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>658000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>658000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Janice Fukakusa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>658000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>658000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Maureen Kempston Darkes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>658000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>658000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Frank J. McKenna</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>658000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>658000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Hutham S. Olayan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>658000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>658000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Satish C. Rai</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>658000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>658000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Diana L. Taylor</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>658000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>658000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Justin B. Beber</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>658000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>658000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>658000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>658000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>658000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>658000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Disclose Net Zero Target Achievement Via Transition Strategy Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>ENVIRONMENT OR CLIMATE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>658000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>658000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Election of directors to serve until the Company's 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Anton D. Nikodemus</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Election of directors to serve until the Company's 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Michael A. Crawford</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Election of directors to serve until the Company's 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Monica S. Digilio</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Election of directors to serve until the Company's 2026 annual meeting of stockholders and until their successors are duly elected and qualified: David Z. Hirsh</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Election of directors to serve until the Company's 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Anthony F. Massaro</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: David N. Capobianco</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>898900</inf:sharesVoted><inf:sharesOnLoan>15100</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>898900</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Jason Long</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>898900</inf:sharesVoted><inf:sharesOnLoan>15100</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>898900</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Matthew K. Morrow</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>898900</inf:sharesVoted><inf:sharesOnLoan>15100</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>898900</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Michael S. Sulton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>898900</inf:sharesVoted><inf:sharesOnLoan>15100</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>898900</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Frank Bayouth</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>898900</inf:sharesVoted><inf:sharesOnLoan>15100</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>898900</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Kara Goodloe Harling</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>898900</inf:sharesVoted><inf:sharesOnLoan>15100</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>898900</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Ben Moore</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>898900</inf:sharesVoted><inf:sharesOnLoan>15100</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>898900</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Charles Watson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>898900</inf:sharesVoted><inf:sharesOnLoan>15100</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>898900</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Ty Daul</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>898900</inf:sharesVoted><inf:sharesOnLoan>15100</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>898900</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Valerie P. Chase</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>898900</inf:sharesVoted><inf:sharesOnLoan>15100</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>898900</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Andrea Nicolas</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>898900</inf:sharesVoted><inf:sharesOnLoan>15100</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>898900</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as the independent registered public accounting firm of LandBridge for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>898900</inf:sharesVoted><inf:sharesOnLoan>15100</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>898900</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Acknowledge Proper Convening of Meeting</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Accept Consolidated Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>13000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Approve Statutory Accounts</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>13000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Approve Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>13000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Authorize Share Repurchase Program and Cancellation of Repurchased Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>13000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Approve Cancellation of 400 Shares Repurchased by the Company</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration of Directors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>13000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Implement a Profit Sharing Scheme for the Chairman for the FY ending 31 December 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>13000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Reelect Directors for a Period of 2 Years</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>13000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Management Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Thomas S. Caldwell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>6902</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>6902</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Beth Colle</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>6902</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>6902</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director George D. Elliott</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>6902</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>6902</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Michael B. C. Gundy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>6902</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>6902</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Charles A. V. Pennock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>6902</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>6902</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>6902</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>6902</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income and Dividends</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Management of Company and Grant Discharge to Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Director Remuneration for 2024</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Pre-approve Director Remuneration for 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Auditors and Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Policy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Authorize Board to Participate in Companies with Similar Business Interests</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Maverick Carter</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>218000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>218000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Ping Fu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>218000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>218000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Jeffrey T. Hinson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>218000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>218000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Chad Hollingsworth</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>218000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>218000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: James Iovine</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>218000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>218000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: James S. Kahan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>218000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>218000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Randall T. Mays</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>218000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>218000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Richard A. Paul</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>218000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>218000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Michael Rapino</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>218000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>218000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Carl Vogel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>218000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>218000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Latriece Watkins</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>218000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>218000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To hold an advisory vote on the company's executive compensation;</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>218000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>218000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To ratify the appointment of Ernst &amp; Young LLP as the company's independent registered public accounting firm for the 2025 fiscal year;</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>218000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>218000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income, with a Final Dividend of JPY 41</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>15400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>15400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Appoint Statutory Auditor Nakayama, Masahisa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>15400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>15400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Compensation Ceilings for Directors and Statutory Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>15400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>15400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Trust-Type Equity Compensation Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>15400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>15400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income, with a Final Dividend of JPY 30</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Yamaguchi, Toshikazu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Sugiyama, Yoshikuni</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Ishizawa, Akira</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Fukuda, Hiroyuki</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Sato, Ken</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Kakizoe, Tadao</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Manago, Yasushi</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Katsu, Eijiro</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Komoda, Masanobu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Suwa, Takako</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Appoint Alternate Statutory Auditor Negishi, Toyoaki</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Approve Restricted Stock Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007853</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Approve Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Approve Final Dividend</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Elect Grant Foley as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Re-elect Elizabeth Gooch as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Re-elect James Gundy as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Re-elect Joanne Lake as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Re-elect Nigel Payne as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Re-elect Tristram Simmonds as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Re-elect Catriona Valentine as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Reappoint BDO LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Authorise the Audit and Risk Committee to Fix Remuneration of Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Authorise Issue of Equity</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Approve Long-Term Incentive Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Authorise Issue of Equity without Pre-emptive Rights</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Other Capital Investment</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Authorise Market Purchase of Ordinary Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Braemar Plc</inf:issuerName><inf:cusip>G1554N100</inf:cusip><inf:isin>GB0000600931</inf:isin><inf:meetingDate>07/03/2024</inf:meetingDate><inf:voteDescription>Authorise the Company to Call General Meeting with Two Weeks' Notice</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>191400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>191400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Mario J. Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Raymond C. Avansino, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Leslie B. Daniels</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Alexis Glick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Douglas R. Jamieson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Agnes Mullady</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Robert S. Prather, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Elisa M. Wilson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Reduce Authorized Class A Common Stock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Reduce Authorized Class B Common Stock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Eliminate Class of Preferred Stock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Ratify Deloitte &amp; Touche LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: John D. Cumming</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>51500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>51500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Annette D. Alvarez-Peters</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>51500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>51500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Douglas M. Carlson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>51500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>51500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Avraham M. Neikrug</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>51500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>51500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Colby A. Rollins</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>51500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>51500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Joseph S. Steinberg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>51500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>51500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Luanne D. Tierney</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>51500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>51500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To ratify the selection of BPM LLP as independent registered public accounting firm of the Company for the year ending December 31, 2024.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>51500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>51500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Rick Beckwitt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Mauro Gregorio</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Michael R. Haack</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Advisory resolution to approve the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Approval of an amendment to our Restated Certificate of Incorporation to allow for officer exculpation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>To approve the expected appointment of Ernst &amp; Young LLP as independent auditors for fiscal year 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>IG Port, Inc.</inf:issuerName><inf:cusip>J2333C107</inf:cusip><inf:isin>JP3833770005</inf:isin><inf:meetingDate>08/29/2024</inf:meetingDate><inf:voteDescription>Approve Allocation of Income, with a Final Dividend of JPY 60</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>IG Port, Inc.</inf:issuerName><inf:cusip>J2333C107</inf:cusip><inf:isin>JP3833770005</inf:isin><inf:meetingDate>08/29/2024</inf:meetingDate><inf:voteDescription>Elect Director Kunieda, Shingo</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>IG Port, Inc.</inf:issuerName><inf:cusip>J2333C107</inf:cusip><inf:isin>JP3833770005</inf:isin><inf:meetingDate>08/29/2024</inf:meetingDate><inf:voteDescription>Approve Annual Bonus</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Inter Parfums, Inc.</inf:issuerName><inf:cusip>458334109</inf:cusip><inf:isin>US4583341098</inf:isin><inf:meetingDate>09/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Jean Madar</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>53200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>53200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Inter Parfums, Inc.</inf:issuerName><inf:cusip>458334109</inf:cusip><inf:isin>US4583341098</inf:isin><inf:meetingDate>09/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Philippe Benacin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>53200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>53200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Inter Parfums, Inc.</inf:issuerName><inf:cusip>458334109</inf:cusip><inf:isin>US4583341098</inf:isin><inf:meetingDate>09/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Michel Atwood</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>53200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>53200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Inter Parfums, Inc.</inf:issuerName><inf:cusip>458334109</inf:cusip><inf:isin>US4583341098</inf:isin><inf:meetingDate>09/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Philippe Santi</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>53200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>53200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Inter Parfums, Inc.</inf:issuerName><inf:cusip>458334109</inf:cusip><inf:isin>US4583341098</inf:isin><inf:meetingDate>09/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Francois Heilbronn</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>53200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>53200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Inter Parfums, Inc.</inf:issuerName><inf:cusip>458334109</inf:cusip><inf:isin>US4583341098</inf:isin><inf:meetingDate>09/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Robert Bensoussan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>53200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>53200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Inter Parfums, Inc.</inf:issuerName><inf:cusip>458334109</inf:cusip><inf:isin>US4583341098</inf:isin><inf:meetingDate>09/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Veronique Gabai-Pinsky</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>53200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>53200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Inter Parfums, Inc.</inf:issuerName><inf:cusip>458334109</inf:cusip><inf:isin>US4583341098</inf:isin><inf:meetingDate>09/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Gilbert Harrison</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>53200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>53200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Inter Parfums, Inc.</inf:issuerName><inf:cusip>458334109</inf:cusip><inf:isin>US4583341098</inf:isin><inf:meetingDate>09/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Gerard Kappauf</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>53200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>53200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Inter Parfums, Inc.</inf:issuerName><inf:cusip>458334109</inf:cusip><inf:isin>US4583341098</inf:isin><inf:meetingDate>09/17/2024</inf:meetingDate><inf:voteDescription>To vote for the advisory resolution to approve executive compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>53200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>53200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Inter Parfums, Inc.</inf:issuerName><inf:cusip>458334109</inf:cusip><inf:isin>US4583341098</inf:isin><inf:meetingDate>09/17/2024</inf:meetingDate><inf:voteDescription>To vote to approve the name change from Inter Parfums, Inc. to Interparfums, Inc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>53200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>53200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Inter Parfums, Inc.</inf:issuerName><inf:cusip>458334109</inf:cusip><inf:isin>US4583341098</inf:isin><inf:meetingDate>09/17/2024</inf:meetingDate><inf:voteDescription>To vote to ratify the appointment by the Board of Directors of Forvis Mazars, LLP, to serve as the independent certified public accountants for the current fiscal year.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>53200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>53200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Michael A. Daniels</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Lisa S. Disbrow</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Susan M. Gordon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: William L. Jews</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Ryan D. McCarthy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: John S. Mengucci</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Scott C. Morrison</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Philip O. Nolan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Debora A. Plunkett</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Stanton D. Sloane</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Charles L. Szews</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>To approve on a non-binding, advisory basis the compensation of our named executive officers; and</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>To ratify the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for fiscal year 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Barbara J. Duganier (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>224232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>224232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Tyler Glover (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>224232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>224232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Karl F. Kurz (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>224232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>224232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Robert Roosa (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>224232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>224232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Murray Stahl (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>224232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>224232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Marguerite Woung-Chapman (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>224232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>224232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To approve, by non-binding advisory vote, the executive compensation paid to the Company's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>224232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>224232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>224232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>224232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To approve an amendment to the Company's Second Amended and Restated Certificate of Incorporation to give holders of 25% of the Company's common stock the right to request a special meeting of stockholders.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>224232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>224232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding an amendment to the Company's Clawback Policy.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>224232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>224232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding stockholders' ability to act by written consent.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>224232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>224232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding the renomination of directors.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>224232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>224232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Sports Corp.</inf:issuerName><inf:cusip>55825T103</inf:cusip><inf:isin>US55825T1034</inf:isin><inf:meetingDate>12/04/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Joseph M. Cohen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>240</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>240</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Sports Corp.</inf:issuerName><inf:cusip>55825T103</inf:cusip><inf:isin>US55825T1034</inf:isin><inf:meetingDate>12/04/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Richard D. Parsons</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>240</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>240</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Sports Corp.</inf:issuerName><inf:cusip>55825T103</inf:cusip><inf:isin>US55825T1034</inf:isin><inf:meetingDate>12/04/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Nelson Peltz</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>240</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>240</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Sports Corp.</inf:issuerName><inf:cusip>55825T103</inf:cusip><inf:isin>US55825T1034</inf:isin><inf:meetingDate>12/04/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Ivan Seidenberg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>240</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>240</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Sports Corp.</inf:issuerName><inf:cusip>55825T103</inf:cusip><inf:isin>US55825T1034</inf:isin><inf:meetingDate>12/04/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Anthony J. Vinciquerra</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>240</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>240</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Sports Corp.</inf:issuerName><inf:cusip>55825T103</inf:cusip><inf:isin>US55825T1034</inf:isin><inf:meetingDate>12/04/2024</inf:meetingDate><inf:voteDescription>Ratification of the appointment of our independent registered public accounting firm.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>240</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>240</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Sports Corp.</inf:issuerName><inf:cusip>55825T103</inf:cusip><inf:isin>US55825T1034</inf:isin><inf:meetingDate>12/04/2024</inf:meetingDate><inf:voteDescription>Approval of the Company's 2015 Employee Stock Plan, as amended.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>240</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>240</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Sports Corp.</inf:issuerName><inf:cusip>55825T103</inf:cusip><inf:isin>US55825T1034</inf:isin><inf:meetingDate>12/04/2024</inf:meetingDate><inf:voteDescription>Approval of the Company's 2015 Stock Plan for Non-Employee Directors, as amended.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>240</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>240</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Sports Corp.</inf:issuerName><inf:cusip>55825T103</inf:cusip><inf:isin>US55825T1034</inf:isin><inf:meetingDate>12/04/2024</inf:meetingDate><inf:voteDescription>Approval of, on an advisory basis, the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>240</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>240</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>12/09/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Joseph J. Lhota</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>12/09/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Joel M. Litvin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>12/09/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: John L. Sykes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>12/09/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Carl E. Vogel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>12/09/2024</inf:meetingDate><inf:voteDescription>Ratification of the appointment of our independent registered public accounting firm.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>12/09/2024</inf:meetingDate><inf:voteDescription>Approval of the Company's 2020 Employee Stock Plan, as amended.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>12/09/2024</inf:meetingDate><inf:voteDescription>An advisory vote on the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Entertainment Corp.</inf:issuerName><inf:cusip>558256103</inf:cusip><inf:isin>US5582561032</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Martin Bandier</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Entertainment Corp.</inf:issuerName><inf:cusip>558256103</inf:cusip><inf:isin>US5582561032</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Donna M. Coleman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Entertainment Corp.</inf:issuerName><inf:cusip>558256103</inf:cusip><inf:isin>US5582561032</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Frederic V. Salerno</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Entertainment Corp.</inf:issuerName><inf:cusip>558256103</inf:cusip><inf:isin>US5582561032</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Ratification of the appointment of our independent registered public accounting firm.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Entertainment Corp.</inf:issuerName><inf:cusip>558256103</inf:cusip><inf:isin>US5582561032</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Approval of, on an advisory basis, the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oil-Dri Corporation of America</inf:issuerName><inf:cusip>677864100</inf:cusip><inf:isin>US6778641000</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Ellen-Blair Chube</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oil-Dri Corporation of America</inf:issuerName><inf:cusip>677864100</inf:cusip><inf:isin>US6778641000</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Paul M. Hindsley</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oil-Dri Corporation of America</inf:issuerName><inf:cusip>677864100</inf:cusip><inf:isin>US6778641000</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Daniel S. Jaffee</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oil-Dri Corporation of America</inf:issuerName><inf:cusip>677864100</inf:cusip><inf:isin>US6778641000</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Michael A. Nemeroff</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oil-Dri Corporation of America</inf:issuerName><inf:cusip>677864100</inf:cusip><inf:isin>US6778641000</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Election of Directors: George C. Roeth</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oil-Dri Corporation of America</inf:issuerName><inf:cusip>677864100</inf:cusip><inf:isin>US6778641000</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Amy L. Ryan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oil-Dri Corporation of America</inf:issuerName><inf:cusip>677864100</inf:cusip><inf:isin>US6778641000</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Patricia J. Schmeda</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oil-Dri Corporation of America</inf:issuerName><inf:cusip>677864100</inf:cusip><inf:isin>US6778641000</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Allan H. Selig</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oil-Dri Corporation of America</inf:issuerName><inf:cusip>677864100</inf:cusip><inf:isin>US6778641000</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Lawrence E. Washow</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oil-Dri Corporation of America</inf:issuerName><inf:cusip>677864100</inf:cusip><inf:isin>US6778641000</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Ratification of the appointment of Grant Thornton LLP as the Company's independent auditor for the fiscal year ending July 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oil-Dri Corporation of America</inf:issuerName><inf:cusip>677864100</inf:cusip><inf:isin>US6778641000</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Approval of an amendment to our Certificate of Incorporation to increase the number of authorized shares of Common Stock.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>Approve Investment Concentration Restriction</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Christopher D. Hodgson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>16000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Sharmila Karve</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>16000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Jason Kenney</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>16000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Sumit Maheshwari</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>16000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director R. William McFarland</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>16000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Satish Rai</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>16000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Chandran Ratnaswami</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>16000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Gopalakrishnan Soundarajan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>16000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Lauren C. Templeton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>16000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Benjamin P. Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>16000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director V. Prem Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>16000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Ratify PricewaterhouseCoopers LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>16000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Robert J. Gunn</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director David L. Johnston</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Karen L. Jurjevich</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Christine A. Magee</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director R. William McFarland</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Christine N. McLean</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Brian J. Porter</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Timothy R. Price</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Lauren C. Templeton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Benjamin P. Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director V. Prem Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director William C. Weldon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Ratify PricewaterhouseCoopers LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Financed Emissions Disclosure</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>ENVIRONMENT OR CLIMATE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Margaret A. McKenzie</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>72000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>72000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Anna M. Alderson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>72000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>72000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Anuroop S. Duggal</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>72000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>72000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director P. Jane Gavan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>72000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>72000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Glenn A. McNamara</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>72000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>72000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Andrew M. Phillips</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>72000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>72000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Sheldon B. Steeves</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>72000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>72000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Approve KPMG LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>72000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>72000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>72000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>72000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three Class III directors to the Company's Board of Directors to serve until the 2028 annual meeting or until their successors are duly elected and qualified: Peter A. Dea</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three Class III directors to the Company's Board of Directors to serve until the 2028 annual meeting or until their successors are duly elected and qualified: William F. Kimble</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three Class III directors to the Company's Board of Directors to serve until the 2028 annual meeting or until their successors are duly elected and qualified: James R. McDonald</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Advisory vote to approve the compensation of the Company's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Ratification of appointment of the Company's independent registered public accounting firm.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Advisory vote to determine the frequency of future advisory votes to approve the compensation of the Company's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>ONE YEAR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Approve an amendment to the Company's certificate of incorporation to declassify the board of directors.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Approve an amendment to the Company's certificate of incorporation to remove the 66 2/3% supermajority vote requirements to amend, alter, or repeal the Company's certificate of incorporation and bylaws and to remove directors from office.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Approve an amendment to the Company's certificate of incorporation to limit the liability of certain officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Approve an amendment to the Company's certificate of incorporation to delete the waiver of Section 203 of the Delaware General Corporation Law.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Approve miscellaneous amendments to clarify and update the Company's certificate of incorporation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Micky Arison as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Sir Jonathon Band as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Jason Glen Cahilly as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To elect Nelda J. Connors as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Helen Deeble as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Jeffrey J. Gearhart as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Katie Lahey as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Stuart Subotnick as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Laura Weil as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Josh Weinstein as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Randy Weisenburger as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To hold a (non-binding) advisory vote to approve executive compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To hold a (non-binding) advisory vote to approve the Carnival plc Directors' Remuneration Report (other than the section Containing the Carnival plc Directors' Renumeration Policy, as set out in the annual report for the year ended November 30, 2024)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To approve the Carnival plc Directors' Remuneration Policy set out in Section 3 of Part II of the Carnival plc Directors' Remuneration Report (in accordance with legal requirements applicable to UK companies).</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To appoint Deloitte LLP as independent auditor of Carnival plc and to ratify the selection of Deloitte &amp; Touche LLP as the independent registered public accounting firm of Carnival Corporation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To authorize the Audit Committee of Carnival plc to determine the remuneration of the independent auditor of Carnival plc (in accordance with legal requirements applicable to UK companies).</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To receive the accounts and reports of the Directors and auditor of Carnival plc for the year ended November 30, 2024 (in accordance with legal requirements applicable to UK companies).</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To approve the giving of authority for the allotment of new shares by Carnival plc (in accordance with customary practice for UK companies).</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To approve, subject to Proposal 18 passing, the disapplication of pre-emption rights in relation to the allotment of new shares and sale of treasury shares by Carnival plc (in accordance with customary practice for UK companies).</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To approve the amendment to the Carnival Corporation 1993 Employee Stock Purchase Plan.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>296000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>296000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Rick L. Burdick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Claire Bennett</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: David B. Edelson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Robert R. Grusky</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Norman K. Jenkins</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Lisa Lutoff-Perlo</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Michael Manley</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: G. Mike Mikan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jacqueline A. Travisano</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Ratification of the selection of KPMG LLP as the Company's independent registered public accounting firm for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Advisory vote to approve named executive officer compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Adoption of stockholder proposal regarding political contributions.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>520</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Adoption of stockholder proposal regarding diversity, equity, and inclusion efforts.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIVERSITY, EQUITY, AND INCLUSION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Approve Final Dividend</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Laurence Hollingworth as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Andi Case as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Jeff Woyda as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Martine Bond as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Elect Constantin Cotzias as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Sue Harris as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Tim Miller as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Heike Truol as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Reappoint PricewaterhouseCoopers LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Board to Fix Remuneration of Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Issue of Equity</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise UK Political Donations and Expenditure</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Issue of Equity without Pre-emptive Rights</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Market Purchase of Ordinary Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise the Company to Call General Meeting with Two Weeks' Notice</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Pason Systems Inc.</inf:issuerName><inf:cusip>702925108</inf:cusip><inf:isin>CA7029251088</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Fix Number of Directors at Six</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Pason Systems Inc.</inf:issuerName><inf:cusip>702925108</inf:cusip><inf:isin>CA7029251088</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Elect Director Marcel Kessler</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Pason Systems Inc.</inf:issuerName><inf:cusip>702925108</inf:cusip><inf:isin>CA7029251088</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Elect Director James Bowzer</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Pason Systems Inc.</inf:issuerName><inf:cusip>702925108</inf:cusip><inf:isin>CA7029251088</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Elect Director Jon Faber</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Pason Systems Inc.</inf:issuerName><inf:cusip>702925108</inf:cusip><inf:isin>CA7029251088</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Elect Director Sophia Langlois</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Pason Systems Inc.</inf:issuerName><inf:cusip>702925108</inf:cusip><inf:isin>CA7029251088</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Elect Director Ken Mullen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Pason Systems Inc.</inf:issuerName><inf:cusip>702925108</inf:cusip><inf:isin>CA7029251088</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Elect Director Laura L. Schwinn</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Pason Systems Inc.</inf:issuerName><inf:cusip>702925108</inf:cusip><inf:isin>CA7029251088</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Pason Systems Inc.</inf:issuerName><inf:cusip>702925108</inf:cusip><inf:isin>CA7029251088</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Robert G. Elton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jim Kessler</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Brian Bales</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Adam DeWitt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Gregory B. Morrison</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Timothy O'Day</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Sarah Raiss</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Michael Sieger</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Debbie Stein</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Carol M. Stephenson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Appointment of Ernst &amp; Young LLP as auditors of the Company until the next Annual Meeting of the Company and authorizing the Audit Committee to fix their remuneration.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Approval, on an advisory basis, of a non-binding resolution on the compensation of the Company's named executive officers as described in the accompanying proxy statement.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Approval of an ordinary resolution ratifying, confirming and approving the Company's Second Amended and Restated Shareholder Rights Plan Agreement, dated as of February 24, 2025, between the Company and Computershare Investor Services Inc., the full text of which resolution is set out in the accompanying proxy statement.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oshkosh Corporation</inf:issuerName><inf:cusip>688239201</inf:cusip><inf:isin>US6882392011</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Keith J. Allman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oshkosh Corporation</inf:issuerName><inf:cusip>688239201</inf:cusip><inf:isin>US6882392011</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: William J. Burns</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oshkosh Corporation</inf:issuerName><inf:cusip>688239201</inf:cusip><inf:isin>US6882392011</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Annette K. Clayton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oshkosh Corporation</inf:issuerName><inf:cusip>688239201</inf:cusip><inf:isin>US6882392011</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Douglas L. Davis</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oshkosh Corporation</inf:issuerName><inf:cusip>688239201</inf:cusip><inf:isin>US6882392011</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Tyrone M. Jordan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oshkosh Corporation</inf:issuerName><inf:cusip>688239201</inf:cusip><inf:isin>US6882392011</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Kimberley Metcalf-Kupres</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oshkosh Corporation</inf:issuerName><inf:cusip>688239201</inf:cusip><inf:isin>US6882392011</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Duncan J. Palmer</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oshkosh Corporation</inf:issuerName><inf:cusip>688239201</inf:cusip><inf:isin>US6882392011</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: David G. Perkins</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oshkosh Corporation</inf:issuerName><inf:cusip>688239201</inf:cusip><inf:isin>US6882392011</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: John C. Pfeifer</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oshkosh Corporation</inf:issuerName><inf:cusip>688239201</inf:cusip><inf:isin>US6882392011</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Sandra E. Rowland</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oshkosh Corporation</inf:issuerName><inf:cusip>688239201</inf:cusip><inf:isin>US6882392011</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of Deloitte &amp; Touche LLP, an independent registered public accounting firm, as the Company's independent auditor for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Oshkosh Corporation</inf:issuerName><inf:cusip>688239201</inf:cusip><inf:isin>US6882392011</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Approval, by advisory vote, of the compensation of the Company's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Triple Flag Precious Metals Corp.</inf:issuerName><inf:cusip>89679M104</inf:cusip><inf:isin>CA89679M1041</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Elect Director Dawn Whittaker</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>720</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>720</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Triple Flag Precious Metals Corp.</inf:issuerName><inf:cusip>89679M104</inf:cusip><inf:isin>CA89679M1041</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Elect Director Susan Allen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>720</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>720</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Triple Flag Precious Metals Corp.</inf:issuerName><inf:cusip>89679M104</inf:cusip><inf:isin>CA89679M1041</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Elect Director Timothy (Tim) Baker</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>720</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>720</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Triple Flag Precious Metals Corp.</inf:issuerName><inf:cusip>89679M104</inf:cusip><inf:isin>CA89679M1041</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Elect Director Peter O'Hagan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>720</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>720</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Triple Flag Precious Metals Corp.</inf:issuerName><inf:cusip>89679M104</inf:cusip><inf:isin>CA89679M1041</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Elect Director Geoff Burns</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>720</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>720</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Triple Flag Precious Metals Corp.</inf:issuerName><inf:cusip>89679M104</inf:cusip><inf:isin>CA89679M1041</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Elect Director Mark Cicirelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>720</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>720</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Triple Flag Precious Metals Corp.</inf:issuerName><inf:cusip>89679M104</inf:cusip><inf:isin>CA89679M1041</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Elect Director Blake Rhodes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>720</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>720</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Triple Flag Precious Metals Corp.</inf:issuerName><inf:cusip>89679M104</inf:cusip><inf:isin>CA89679M1041</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Elect Director Sheldon Vanderkooy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>720</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>720</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Triple Flag Precious Metals Corp.</inf:issuerName><inf:cusip>89679M104</inf:cusip><inf:isin>CA89679M1041</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Elect Director Elizabeth Wademan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>720</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>720</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Triple Flag Precious Metals Corp.</inf:issuerName><inf:cusip>89679M104</inf:cusip><inf:isin>CA89679M1041</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>720</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>720</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Triple Flag Precious Metals Corp.</inf:issuerName><inf:cusip>89679M104</inf:cusip><inf:isin>CA89679M1041</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>720</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>720</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Redomicile and Reorganization Resolution Approval by special resolution of the reorganization and domestication of the Company, as set out in Appendix "1" of the accompanying management information circular (the "Circular") and as more particularly described therein.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8344</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8344</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Share Issuance Resolution Approval by ordinary resolution of the issuance of up to 500 million Class B Common Stock of the post-reorganization and domestication entity to the current holders of Class B limited partnership units of Galaxy Digital Holdings LP, as set out in Appendix "1" of the Circular and as more particularly described therein.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8344</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8344</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Adjourment Resolution Approval by ordinary resolution of the adjournment of the Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that it is determined by the Company that more time is necessary or appropriate such that one or more resolutions at the Meeting be approved and adopted in all respects, as set out in Appendix "1" of the Circular.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8344</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8344</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Declaration of Non-U.S. Status For the purpose of determining the aggregate number of votes that U.S. holders are entitled to cast, the undersigned certifies that: i) is not a U.S. resident; and</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:otherVoteDescription>Procedural matter</inf:otherVoteDescription><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8344</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>8344</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>ii) to the extent that it holds shares of the Company for the account or benefit of any other person, such person is not a U.S. resident.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:otherVoteDescription>Procedural matter</inf:otherVoteDescription><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8344</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>8344</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director George L. Brack</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Jaimie Donovan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Chantal Gosselin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Jeane Hull</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Glenn Ives</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Charles A. Jeannes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Marilyn Schonberner</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Randy V.J. Smallwood</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Srinivasan Venkatakrishnan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Thomas B. Fargo</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1051800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1051800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Celeste A. Connors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1051800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1051800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Elisia K. Flores</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1051800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1051800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Peggy Y. Fowler</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1051800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1051800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Micah A. Kane</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1051800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1051800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: William James Scilacci, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1051800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1051800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Scott W. H. Seu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1051800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1051800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Advisory vote to approve the compensation of HEI's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1051800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1051800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Approval of Amended and Restated Articles of Incorporation to Increase the Number of Authorized Shares of Common Stock.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1051800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1051800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of Deloitte &amp; Touche LLP as HEI's independent registered public accountant for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1051800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1051800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Steven A. Betts</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50317</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>50317</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Gregory S. Bielli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50317</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>50317</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Denise Gammon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50317</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>50317</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Anthony L. Leggio</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50317</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>50317</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Jeffrey J. McCall</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50317</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>50317</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Norman J. Metcalfe</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50317</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>50317</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Eric H. Speron</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50317</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>50317</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Daniel R. Tisch</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50317</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>50317</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Michael H. Winer</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50317</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>50317</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Kenneth G. Yee</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50317</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>50317</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Bulldog Nominees OPPOSED by the Board: Andrew Dakos</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>50317</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50317</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Bulldog Nominees OPPOSED by the Board: Phillip Goldstein</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>50317</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50317</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Bulldog Nominees OPPOSED by the Board: Aaron T. Morris</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>50317</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50317</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Ratification of appointment of Deloitte &amp; Touche LLP as the Company's Independent Registered public accounting firm for fiscal year 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50317</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50317</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Advisory vote to approve named executive officer compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>50317</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>50317</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Vote on shareholder proposal to request Board of Directors to Amend Governance Documents to provide rights for shareholders with 10% or more ownership to call special meetings.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>50317</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>50317</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR ANDREW DAKOS</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR PHILLIP GOLDSTEIN</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR AARON T. MORRIS</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR STEVEN A. BETTS</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR GREGORY S. BIELLI</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR DENISE GAMMON</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR ANTHONY L. LEGGIO</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR JEFFREY J. MCCALL</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: NORMAN J. METCALFE</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR ERIC H. SPERON</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: DANIEL R. TISCH</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR MICHAEL H. WINER</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR KENNETH G. YEE</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as Tejon's independent registered public accounting firm for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>To approve the compensation of Tejon's executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>To request that the board of directors take the necessary steps in its power to amend Tejon's governing documents to give the owners of a combined 10% of the outstanding shares the power to call a special stockholder meeting</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three directors: Richard A. Navarre</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>558032</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>558032</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three directors: Martin A. Lambert</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>558032</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>558032</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three directors: Constance B. Moore</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>558032</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>558032</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>We are asking that you approve, on a non-binding advisory basis, the compensation of our named executive officers as disclosed in the proxy statement, commonly referred to as a "Say-on-Pay" proposal.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>558032</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>558032</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Appointment of Ernst &amp; Young LLP as Auditors of Civeo Corporation for the ensuing year and authorization of the directors of Civeo Corporation, acting through the Audit Committee, to determine their remuneration.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>558032</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>558032</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Lisa Davis</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Wolfgang Durheimer</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Michael Eisenson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: David Hoogendoorn</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Yosuke Kawakami</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Robert Kurnick, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Kimberly McWaters</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Greg Penske</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Roger Penske</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Sandra Pierce</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Ray Scott</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Greg Smith</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: H. Brian Thompson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Ratification of the selection of Deloitte &amp; Touche LLP as the Company's independent auditing firm for the year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approval, by non-binding vote, of named executive officer compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Amanda M. Brock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>63600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>63600</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jacinto J. Hernandez</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>63600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>63600</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: W. Howard Keenan, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>63600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>63600</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Ratify the appointment of BDO USA, P.C. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>63600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>63600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Arthur B. Winkleblack</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>162600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>162600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Peter W. May</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>162600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>162600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Matthew H. Peltz</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>162600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>162600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Wendy C. Arlin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>162600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>162600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Michelle Caruso-Cabrera</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>162600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>162600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Kristin A. Dolan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>162600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>162600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Richard H. Gomez</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>162600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>162600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Michelle J. Mathews-Spradlin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>162600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>162600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Peter H. Rothschild</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>162600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>162600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Kirk Tanner</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>162600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>162600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of Deloitte &amp; Touche LLP as the Company's independent registered public accounting firm for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>162600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>162600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Advisory resolution to approve executive compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>162600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>162600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Stockholder proposal regarding an emissions reduction assessment, if properly presented at the Annual Meeting.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>ENVIRONMENT OR CLIMATE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>162600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>162600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Stockholder proposal regarding worker-driven social responsibility, if properly presented at the Annual Meeting.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>162600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>162600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>The Wendy's Company</inf:issuerName><inf:cusip>95058W100</inf:cusip><inf:isin>US95058W1009</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Stockholder proposal regarding single-use plastics, if properly presented at the Annual Meeting.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>ENVIRONMENT OR CLIMATE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>162600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>162600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To elect eight directors of the Company to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Karen L. Alvingham</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>234</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>234</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To elect eight directors of the Company to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Dwight D. Churchill</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>234</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>234</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To elect eight directors of the Company to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Annette Franqui</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>234</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>234</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To elect eight directors of the Company to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Jay C. Horgen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>234</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>234</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To elect eight directors of the Company to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Felix V. Matos Rodriguez</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>234</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>234</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To elect eight directors of the Company to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Tracy P. Palandjian</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>234</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>234</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To elect eight directors of the Company to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: David C. Ryan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>234</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>234</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To elect eight directors of the Company to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Loren M. Starr</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>234</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>234</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To approve, by a non-binding advisory vote, the compensation of the Company's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>234</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>234</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To ratify the selection of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the current fiscal year.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>234</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>234</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors to a term ending in 2028: Reid T. Campbell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2808</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2808</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors to a term ending in 2028: Peter M. Carlson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2808</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2808</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors to a term ending in 2028: Suzanne F. Shank</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2808</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2808</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Approval of the advisory resolution on executive compensation</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2808</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2808</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Approval of the Company's amended and restated long-term incentive plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2808</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2808</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Approval of the appointment of PricewaterhouseCoopers LLP ("PwC") as the Company's Independent Registered Public Accounting Firm for 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2808</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2808</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: John F. Brock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Richard D. Fain</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Stephen R. Howe, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Michael O. Leavitt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jason T. Liberty</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Amy McPherson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Maritza G. Montiel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Ann S. Moore</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Eyal M. Ofer</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Vagn O. Sorensen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Donald Thompson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Arne Alexander Wilhelmsen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Rebecca Yeung</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Advisory approval of the Company's compensation of its named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Elect Director Michael Cooper</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>681200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>681200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Elect Director James Eaton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>681200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>681200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Elect Director Joanne Ferstman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>681200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>681200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Elect Director Richard Gateman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>681200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>681200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Elect Director P. Jane Gavan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>681200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>681200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Elect Director Duncan Jackman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>681200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>681200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Elect Director Jennifer Lee Koss</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>681200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>681200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Elect Director Vincenza Sera</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>681200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>681200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>681200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>681200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dream Unlimited Corp.</inf:issuerName><inf:cusip>26153M507</inf:cusip><inf:isin>CA26153M5072</inf:isin><inf:meetingDate>06/03/2025</inf:meetingDate><inf:voteDescription>Amend Deferred Share Incentive Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>681200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>681200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Mario J. Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Marc Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Douglas R. Jamieson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Daniel R. Lee</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Bruce M. Lisman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Richard T. Prins</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Frederic V. Salerno</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Salvatore F. Sodano</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Elisa M. Wilson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Ratification of Appointment of Independent Registered Public Accountants</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Mario J. Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Raymond C. Avansino, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Leslie B. Daniels</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Alexis Glick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Douglas R. Jamieson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Agnes Mullady</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Robert S. Prather, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Elisa M. Wilson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Ratify Deloitte &amp; Touche LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Garth N. Graham</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Carolyn B. Handlon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Yvette M. Kanouff</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Timothy J. Mayopoulos</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Katharina G. McFarland</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Milford W. McGuirt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Donna S. Morea</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: James C. Reagan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Steven R. Shane</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: John K. Tien, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Toni Townes-Whitley</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The approval of a non-binding, advisory vote on executive compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The ratification of the appointment of Ernst &amp; Young LLP as our independent registered public accounting firm for the fiscal year ending January 30, 2026.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Joseph J. Lhota</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Joel M. Litvin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Debra G. Perelman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: John L. Sykes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of our independent registered public accounting firm.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Approval of, on an advisory basis, the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Approval of the redomestication of the Company to the State of Nevada by conversion.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LICT Corporation</inf:issuerName><inf:cusip>50187G104</inf:cusip><inf:isin>US50187G1040</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Lerzan Aksoy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>16</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LICT Corporation</inf:issuerName><inf:cusip>50187G104</inf:cusip><inf:isin>US50187G1040</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Robert E. Dolan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>16</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LICT Corporation</inf:issuerName><inf:cusip>50187G104</inf:cusip><inf:isin>US50187G1040</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Mario J. Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>16</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LICT Corporation</inf:issuerName><inf:cusip>50187G104</inf:cusip><inf:isin>US50187G1040</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Marc J. Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>16</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LICT Corporation</inf:issuerName><inf:cusip>50187G104</inf:cusip><inf:isin>US50187G1040</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Salvatore Muoio</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>16</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LICT Corporation</inf:issuerName><inf:cusip>50187G104</inf:cusip><inf:isin>US50187G1040</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Salvatore M. Salibello</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>16</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LICT Corporation</inf:issuerName><inf:cusip>50187G104</inf:cusip><inf:isin>US50187G1040</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Andrew Sinwell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>16</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LICT Corporation</inf:issuerName><inf:cusip>50187G104</inf:cusip><inf:isin>US50187G1040</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Gary L. Sugarman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>16</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LICT Corporation</inf:issuerName><inf:cusip>50187G104</inf:cusip><inf:isin>US50187G1040</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Ratify BDO USA, LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>16</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>16</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Entertainment Corp.</inf:issuerName><inf:cusip>558256103</inf:cusip><inf:isin>US5582561032</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Approval of the redomestication of the Company to the State of Nevada by conversion.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>772</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>772</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Election of directors to serve until the Company's 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Anton D. Nikodemus</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2166</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2166</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Election of directors to serve until the Company's 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Michael A. Crawford</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2166</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2166</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Election of directors to serve until the Company's 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Monica S. Digilio</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2166</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2166</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Election of directors to serve until the Company's 2026 annual meeting of stockholders and until their successors are duly elected and qualified: David Z. Hirsh</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2166</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2166</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Election of directors to serve until the Company's 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Anthony F. Massaro</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2166</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2166</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2166</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2166</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: David N. Capobianco</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>94751</inf:sharesVoted><inf:sharesOnLoan>300257</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>94751</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Jason Long</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>94751</inf:sharesVoted><inf:sharesOnLoan>300257</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>94751</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Matthew K. Morrow</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>94751</inf:sharesVoted><inf:sharesOnLoan>300257</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>94751</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Michael S. Sulton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>94751</inf:sharesVoted><inf:sharesOnLoan>300257</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>94751</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Frank Bayouth</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>94751</inf:sharesVoted><inf:sharesOnLoan>300257</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>94751</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Kara Goodloe Harling</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>94751</inf:sharesVoted><inf:sharesOnLoan>300257</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>94751</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Ben Moore</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>94751</inf:sharesVoted><inf:sharesOnLoan>300257</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>94751</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Charles Watson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>94751</inf:sharesVoted><inf:sharesOnLoan>300257</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>94751</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Ty Daul</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>94751</inf:sharesVoted><inf:sharesOnLoan>300257</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>94751</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Valerie P. Chase</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>94751</inf:sharesVoted><inf:sharesOnLoan>300257</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>94751</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Andrea Nicolas</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>94751</inf:sharesVoted><inf:sharesOnLoan>300257</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>94751</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as the independent registered public accounting firm of LandBridge for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>94751</inf:sharesVoted><inf:sharesOnLoan>300257</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>94751</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Sports Corp.</inf:issuerName><inf:cusip>55825T103</inf:cusip><inf:isin>US55825T1034</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Approval of the redomestication of the Company to the State of Nevada by conversion.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>240</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>240</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Thomas S. Caldwell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Beth Colle</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director George D. Elliott</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Michael B. C. Gundy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Charles A. V. Pennock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income and Dividends</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Management of Company and Grant Discharge to Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Director Remuneration for 2024</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Pre-approve Director Remuneration for 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Auditors and Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Policy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Authorize Board to Participate in Companies with Similar Business Interests</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Maverick Carter</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>23300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>23300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Ping Fu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>23300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>23300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Jeffrey T. Hinson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>23300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>23300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Chad Hollingsworth</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>23300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>23300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: James Iovine</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>23300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>23300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: James S. Kahan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>23300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>23300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Randall T. Mays</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>23300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>23300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Richard A. Paul</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>23300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>23300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Michael Rapino</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>23300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>23300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Carl Vogel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>23300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>23300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees identified in the accompanying proxy statement to hold office until the 2026 Annual Meeting of Stockholders: Latriece Watkins</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>23300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>23300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To hold an advisory vote on the company's executive compensation;</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>23300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>23300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Live Nation Entertainment, Inc.</inf:issuerName><inf:cusip>538034109</inf:cusip><inf:isin>US5380341090</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>To ratify the appointment of Ernst &amp; Young LLP as the company's independent registered public accounting firm for the 2025 fiscal year;</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>23300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>23300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Consolidated Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income and Dividends of EUR 2.78 per Share</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Subject to Approval of Items 17 and 33, Elect Jean-Christian Bergeron as General Manager</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Subject to Approval of Items 17 and 33, Elect Marc Jacquot as General Manager</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Reelect Marc-Olivier Laurent as Supervisory Board Member</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Reelect Cecile Maisonneuve as Supervisory Board Member</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Reelect Alberto Pedrosa as Supervisory Board Member</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Reelect Carine Vinardi as Supervisory Board Member</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Elect Suzana Nutu as Supervisory Board Member</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Compensation Report of Corporate Officers</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Compensation of Gilles Gobin, General Manager</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Compensation of Sorgema SARL, General Manager</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Compensation of Agena SAS, General Manager</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Compensation of Christian Bergene, Chairman of the Supervisory Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Subject to Approval of Item 33, Approve Remuneration Policy of Gilles Gobin, Sorgema SARL, Agena SAS, and GR Partenaires SCS</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Subject to Approval of Items 4, 5, and 33, Approve Remuneration Policy of Jean-Christian Bergeron and Marc Jacquot</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Policy of Supervisory Board Members</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration of Supervisory Board Members in the Aggregate Amount of EUR 551,750</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Transaction with Rubis Photosol SAS Re: Amendment to the Assistance Agreement</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Transaction with Rubis Photosol SAS Re: Renewal of the Assistance Agreement</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Authorize Repurchase of Up to 10 Percent of Issued Share Capital</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Authorize Decrease in Share Capital via Cancellation of Repurchased Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Authorize Capitalization of Reserves of Up to EUR 10 Million for Bonus Issue or Increase in Par Value</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 38 Million</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Under Item 25</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Authorize Capital Increase of up to EUR 10 Million for Contributions in Kind</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Authorize Capital Increase of Up to EUR 10 Million for Future Exchange Offers</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Set Total Limit for Capital Increase to Result from Issuance Requests Under Items 24 to 28 at 40 Percent of Issued Share Capital</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Authorize up to 1.5 Percent of Issued Capital for Use in Restricted Stock Plans with Performance Condition Attached</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Authorize Capital Issuances for Use in Employee Stock Purchase Plans</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Amend Article 28.2 of Bylaws to Incorporate Legal Changes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Remove Article 54 of Bylaws</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Authorize Filing of Required Documents/Other Formalities</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Ratify Appointment of Antoine Sautenet as Supervisory Board Member</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Elect Patrick Molis as Supervisory Board Member</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Rubis SCA</inf:issuerName><inf:cusip>F7686C152</inf:cusip><inf:isin>FR0013269123</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Elect Anne Lauvergeon as Supervisory Board Member</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dundee Corporation</inf:issuerName><inf:cusip>264901109</inf:cusip><inf:isin>CA2649011095</inf:isin><inf:meetingDate>06/19/2025</inf:meetingDate><inf:voteDescription>Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>99000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>99000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dundee Corporation</inf:issuerName><inf:cusip>264901109</inf:cusip><inf:isin>CA2649011095</inf:isin><inf:meetingDate>06/19/2025</inf:meetingDate><inf:voteDescription>Elect Director Tanya Covassin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>99000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>99000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dundee Corporation</inf:issuerName><inf:cusip>264901109</inf:cusip><inf:isin>CA2649011095</inf:isin><inf:meetingDate>06/19/2025</inf:meetingDate><inf:voteDescription>Elect Director Jaimie Donovan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>99000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>99000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dundee Corporation</inf:issuerName><inf:cusip>264901109</inf:cusip><inf:isin>CA2649011095</inf:isin><inf:meetingDate>06/19/2025</inf:meetingDate><inf:voteDescription>Elect Director Jonathan Goodman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>99000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>99000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dundee Corporation</inf:issuerName><inf:cusip>264901109</inf:cusip><inf:isin>CA2649011095</inf:isin><inf:meetingDate>06/19/2025</inf:meetingDate><inf:voteDescription>Elect Director Bruce McLeod</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>99000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>99000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dundee Corporation</inf:issuerName><inf:cusip>264901109</inf:cusip><inf:isin>CA2649011095</inf:isin><inf:meetingDate>06/19/2025</inf:meetingDate><inf:voteDescription>Elect Director Andrew Molson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>99000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>99000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dundee Corporation</inf:issuerName><inf:cusip>264901109</inf:cusip><inf:isin>CA2649011095</inf:isin><inf:meetingDate>06/19/2025</inf:meetingDate><inf:voteDescription>Elect Director Peter M. Nixon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>99000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>99000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Dundee Corporation</inf:issuerName><inf:cusip>264901109</inf:cusip><inf:isin>CA2649011095</inf:isin><inf:meetingDate>06/19/2025</inf:meetingDate><inf:voteDescription>Elect Director Allen J. Palmiere</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>99000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>99000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income, with a Final Dividend of JPY 41</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Appoint Statutory Auditor Nakayama, Masahisa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Compensation Ceilings for Directors and Statutory Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Trust-Type Equity Compensation Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income, with a Final Dividend of JPY 30</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Yamaguchi, Toshikazu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Sugiyama, Yoshikuni</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Ishizawa, Akira</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Fukuda, Hiroyuki</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Sato, Ken</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Kakizoe, Tadao</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Manago, Yasushi</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Katsu, Eijiro</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Komoda, Masanobu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Suwa, Takako</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Appoint Alternate Statutory Auditor Negishi, Toyoaki</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Approve Restricted Stock Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007855</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Mario J. Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>59000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>59000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Raymond C. Avansino, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>59000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>59000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Leslie B. Daniels</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>59000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>59000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Alexis Glick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>59000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>59000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Douglas R. Jamieson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>59000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>59000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Agnes Mullady</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>59000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>59000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Robert S. Prather, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>59000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>59000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Elisa M. Wilson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>59000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>59000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Reduce Authorized Class A Common Stock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>59000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>59000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Reduce Authorized Class B Common Stock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>59000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>59000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Eliminate Class of Preferred Stock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>59000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>59000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Ratify Deloitte &amp; Touche LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>59000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>59000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Elect Director William Cox</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>435</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>435</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Elect Director Anne Schaumburg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>435</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>435</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Elect Director Soonyoung Chang</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>435</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>435</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Elect Director Lars Rodert</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>435</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>435</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Elect Director Michele Coleman Mayes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>435</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>435</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>435</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>435</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Approve Return of Capital Distribution and Approve Reduction in Share Capital</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>435</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>435</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Change Company Name to Brookfield Wealth Solutions Ltd.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>435</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>435</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Amend By-Law Re: Simplification and Enhancement of Capital Structure</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>435</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>435</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Approve Escrowed Stock Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>435</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>435</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Approve Share Issuance Resolution</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>435</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>435</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G16250204</inf:cusip><inf:isin>BMG162502048</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Approve Re-Designation Resolution</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4182</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>4182</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: John D. Cumming</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Annette D. Alvarez-Peters</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Douglas M. Carlson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Avraham M. Neikrug</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Colby A. Rollins</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Joseph S. Steinberg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To elect seven (7) Directors: Luanne D. Tierney</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Crimson Wine Group, Ltd.</inf:issuerName><inf:cusip>22662X100</inf:cusip><inf:isin>US22662X1000</inf:isin><inf:meetingDate>07/26/2024</inf:meetingDate><inf:voteDescription>To ratify the selection of BPM LLP as independent registered public accounting firm of the Company for the year ending December 31, 2024.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Michael A. Daniels</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Lisa S. Disbrow</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Susan M. Gordon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: William L. Jews</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Ryan D. McCarthy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: John S. Mengucci</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Scott C. Morrison</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Philip O. Nolan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Debora A. Plunkett</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Stanton D. Sloane</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Charles L. Szews</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>To approve on a non-binding, advisory basis the compensation of our named executive officers; and</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>To ratify the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for fiscal year 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ASX Limited</inf:issuerName><inf:cusip>Q0604U105</inf:cusip><inf:isin>AU000000ASX7</inf:isin><inf:meetingDate>10/28/2024</inf:meetingDate><inf:voteDescription>Approve Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>4400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ASX Limited</inf:issuerName><inf:cusip>Q0604U105</inf:cusip><inf:isin>AU000000ASX7</inf:isin><inf:meetingDate>10/28/2024</inf:meetingDate><inf:voteDescription>Approve Grant of Performance Rights to Helen Lofthouse</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ASX Limited</inf:issuerName><inf:cusip>Q0604U105</inf:cusip><inf:isin>AU000000ASX7</inf:isin><inf:meetingDate>10/28/2024</inf:meetingDate><inf:voteDescription>Elect Wayne Byres as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ASX Limited</inf:issuerName><inf:cusip>Q0604U105</inf:cusip><inf:isin>AU000000ASX7</inf:isin><inf:meetingDate>10/28/2024</inf:meetingDate><inf:voteDescription>Elect David Clarke as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ASX Limited</inf:issuerName><inf:cusip>Q0604U105</inf:cusip><inf:isin>AU000000ASX7</inf:isin><inf:meetingDate>10/28/2024</inf:meetingDate><inf:voteDescription>Elect Philip Galvin as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>4400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>4400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ASX Limited</inf:issuerName><inf:cusip>Q0604U105</inf:cusip><inf:isin>AU000000ASX7</inf:isin><inf:meetingDate>10/28/2024</inf:meetingDate><inf:voteDescription>Elect Robert Caisley as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>4400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>4400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Barbara J. Duganier (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>108984</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>108984</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Tyler Glover (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>108984</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>108984</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Karl F. Kurz (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>108984</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>108984</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Robert Roosa (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>108984</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>108984</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Murray Stahl (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>108984</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>108984</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Marguerite Woung-Chapman (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>108984</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>108984</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To approve, by non-binding advisory vote, the executive compensation paid to the Company's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>108984</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>108984</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>108984</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>108984</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To approve an amendment to the Company's Second Amended and Restated Certificate of Incorporation to give holders of 25% of the Company's common stock the right to request a special meeting of stockholders.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>108984</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>108984</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding an amendment to the Company's Clawback Policy.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>108984</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>108984</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding stockholders' ability to act by written consent.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>108984</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>108984</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding the renomination of directors.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>108984</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>108984</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>A-Mark Precious Metals, Inc.</inf:issuerName><inf:cusip>00181T107</inf:cusip><inf:isin>US00181T1079</inf:isin><inf:meetingDate>11/13/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Jeffrey D. Benjamin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>A-Mark Precious Metals, Inc.</inf:issuerName><inf:cusip>00181T107</inf:cusip><inf:isin>US00181T1079</inf:isin><inf:meetingDate>11/13/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Ellis Landau</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>A-Mark Precious Metals, Inc.</inf:issuerName><inf:cusip>00181T107</inf:cusip><inf:isin>US00181T1079</inf:isin><inf:meetingDate>11/13/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Beverley Lepine</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>A-Mark Precious Metals, Inc.</inf:issuerName><inf:cusip>00181T107</inf:cusip><inf:isin>US00181T1079</inf:isin><inf:meetingDate>11/13/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Carol Meltzer</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>A-Mark Precious Metals, Inc.</inf:issuerName><inf:cusip>00181T107</inf:cusip><inf:isin>US00181T1079</inf:isin><inf:meetingDate>11/13/2024</inf:meetingDate><inf:voteDescription>Election of Directors: John U. Moorhead</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>A-Mark Precious Metals, Inc.</inf:issuerName><inf:cusip>00181T107</inf:cusip><inf:isin>US00181T1079</inf:isin><inf:meetingDate>11/13/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Jess M. Ravich</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>A-Mark Precious Metals, Inc.</inf:issuerName><inf:cusip>00181T107</inf:cusip><inf:isin>US00181T1079</inf:isin><inf:meetingDate>11/13/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Gregory N. Roberts</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>A-Mark Precious Metals, Inc.</inf:issuerName><inf:cusip>00181T107</inf:cusip><inf:isin>US00181T1079</inf:isin><inf:meetingDate>11/13/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Monique Sanchez</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>A-Mark Precious Metals, Inc.</inf:issuerName><inf:cusip>00181T107</inf:cusip><inf:isin>US00181T1079</inf:isin><inf:meetingDate>11/13/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Kendall Saville</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>A-Mark Precious Metals, Inc.</inf:issuerName><inf:cusip>00181T107</inf:cusip><inf:isin>US00181T1079</inf:isin><inf:meetingDate>11/13/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Michael R. Wittmeyer</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>A-Mark Precious Metals, Inc.</inf:issuerName><inf:cusip>00181T107</inf:cusip><inf:isin>US00181T1079</inf:isin><inf:meetingDate>11/13/2024</inf:meetingDate><inf:voteDescription>To vote, on an advisory basis, to approve the fiscal year 2024 compensation of the named executive officers of the Company.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>A-Mark Precious Metals, Inc.</inf:issuerName><inf:cusip>00181T107</inf:cusip><inf:isin>US00181T1079</inf:isin><inf:meetingDate>11/13/2024</inf:meetingDate><inf:voteDescription>To ratify the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>OTC Markets Group Inc.</inf:issuerName><inf:cusip>67106F108</inf:cusip><inf:isin>US67106F1084</inf:isin><inf:meetingDate>12/17/2024</inf:meetingDate><inf:voteDescription>Elect Director Gary Baddeley</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>OTC Markets Group Inc.</inf:issuerName><inf:cusip>67106F108</inf:cusip><inf:isin>US67106F1084</inf:isin><inf:meetingDate>12/17/2024</inf:meetingDate><inf:voteDescription>Elect Director R. Cromwell Coulson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>OTC Markets Group Inc.</inf:issuerName><inf:cusip>67106F108</inf:cusip><inf:isin>US67106F1084</inf:isin><inf:meetingDate>12/17/2024</inf:meetingDate><inf:voteDescription>Elect Director Louisa Serene Schneider</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>OTC Markets Group Inc.</inf:issuerName><inf:cusip>67106F108</inf:cusip><inf:isin>US67106F1084</inf:isin><inf:meetingDate>12/17/2024</inf:meetingDate><inf:voteDescription>Elect Director Julia Sears</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>OTC Markets Group Inc.</inf:issuerName><inf:cusip>67106F108</inf:cusip><inf:isin>US67106F1084</inf:isin><inf:meetingDate>12/17/2024</inf:meetingDate><inf:voteDescription>Elect Director Andrew Wimpfheimer</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>OTC Markets Group Inc.</inf:issuerName><inf:cusip>67106F108</inf:cusip><inf:isin>US67106F1084</inf:isin><inf:meetingDate>12/17/2024</inf:meetingDate><inf:voteDescription>Elect Director Neal Wolkoff</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>OTC Markets Group Inc.</inf:issuerName><inf:cusip>67106F108</inf:cusip><inf:isin>US67106F1084</inf:isin><inf:meetingDate>12/17/2024</inf:meetingDate><inf:voteDescription>Ratify Deloitte &amp; Touche LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>01/27/2025</inf:meetingDate><inf:voteDescription>Approve Arrangement Resolution</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>806</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>806</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>01/27/2025</inf:meetingDate><inf:voteDescription>Approve Increase in Number of Directors from Twelve to Fourteen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>806</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>806</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>Approve Investment Concentration Restriction</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Visa Inc.</inf:issuerName><inf:cusip>92826C839</inf:cusip><inf:isin>US92826C8394</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees named in the proxy statement: Lloyd A. Carney</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Visa Inc.</inf:issuerName><inf:cusip>92826C839</inf:cusip><inf:isin>US92826C8394</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees named in the proxy statement: Kermit R. Crawford</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Visa Inc.</inf:issuerName><inf:cusip>92826C839</inf:cusip><inf:isin>US92826C8394</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees named in the proxy statement: Francisco Javier Fernandez-Carbajal</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Visa Inc.</inf:issuerName><inf:cusip>92826C839</inf:cusip><inf:isin>US92826C8394</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees named in the proxy statement: Ramon Laguarta</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Visa Inc.</inf:issuerName><inf:cusip>92826C839</inf:cusip><inf:isin>US92826C8394</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees named in the proxy statement: Teri L. List</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Visa Inc.</inf:issuerName><inf:cusip>92826C839</inf:cusip><inf:isin>US92826C8394</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees named in the proxy statement: John F. Lundgren</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Visa Inc.</inf:issuerName><inf:cusip>92826C839</inf:cusip><inf:isin>US92826C8394</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees named in the proxy statement: Ryan McInerney</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Visa Inc.</inf:issuerName><inf:cusip>92826C839</inf:cusip><inf:isin>US92826C8394</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees named in the proxy statement: Denise M. Morrison</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Visa Inc.</inf:issuerName><inf:cusip>92826C839</inf:cusip><inf:isin>US92826C8394</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees named in the proxy statement: Pamela Murphy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Visa Inc.</inf:issuerName><inf:cusip>92826C839</inf:cusip><inf:isin>US92826C8394</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees named in the proxy statement: Linda J. Rendle</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Visa Inc.</inf:issuerName><inf:cusip>92826C839</inf:cusip><inf:isin>US92826C8394</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>To elect the eleven director nominees named in the proxy statement: Maynard G. Webb, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Visa Inc.</inf:issuerName><inf:cusip>92826C839</inf:cusip><inf:isin>US92826C8394</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>To approve, on an advisory basis, the compensation paid to our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Visa Inc.</inf:issuerName><inf:cusip>92826C839</inf:cusip><inf:isin>US92826C8394</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>To ratify the appointment of KPMG LLP as our independent registered public accounting firm for fiscal year 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Visa Inc.</inf:issuerName><inf:cusip>92826C839</inf:cusip><inf:isin>US92826C8394</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>Shareholder proposal on gender-based compensation gaps and associated risks.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIVERSITY, EQUITY, AND INCLUSION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Visa Inc.</inf:issuerName><inf:cusip>92826C839</inf:cusip><inf:isin>US92826C8394</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>Shareholder proposal requesting a report on policy on merchant category codes.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Visa Inc.</inf:issuerName><inf:cusip>92826C839</inf:cusip><inf:isin>US92826C8394</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>Shareholder proposal requesting adoption of a new director election resignation governance guideline.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Visa Inc.</inf:issuerName><inf:cusip>92826C839</inf:cusip><inf:isin>US92826C8394</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>Shareholder proposal on transparency in lobbying.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Christopher D. Hodgson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>19000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Sharmila Karve</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>19000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Jason Kenney</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Sumit Maheshwari</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director R. William McFarland</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>19000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Satish Rai</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Chandran Ratnaswami</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Gopalakrishnan Soundarajan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Lauren C. Templeton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>19000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Benjamin P. Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director V. Prem Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Ratify PricewaterhouseCoopers LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>19000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Robert J. Gunn</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director David L. Johnston</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Karen L. Jurjevich</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Christine A. Magee</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director R. William McFarland</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Christine N. McLean</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Brian J. Porter</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Timothy R. Price</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Lauren C. Templeton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Benjamin P. Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director V. Prem Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director William C. Weldon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Ratify PricewaterhouseCoopers LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Financed Emissions Disclosure</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>ENVIRONMENT OR CLIMATE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Margaret A. McKenzie</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Anna M. Alderson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Anuroop S. Duggal</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director P. Jane Gavan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Glenn A. McNamara</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Andrew M. Phillips</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Sheldon B. Steeves</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Approve KPMG LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Rick L. Burdick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Claire Bennett</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: David B. Edelson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Robert R. Grusky</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Norman K. Jenkins</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Lisa Lutoff-Perlo</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Michael Manley</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: G. Mike Mikan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jacqueline A. Travisano</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Ratification of the selection of KPMG LLP as the Company's independent registered public accounting firm for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Advisory vote to approve named executive officer compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Adoption of stockholder proposal regarding political contributions.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Adoption of stockholder proposal regarding diversity, equity, and inclusion efforts.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIVERSITY, EQUITY, AND INCLUSION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Core Natural Resources, Inc.</inf:issuerName><inf:cusip>218937100</inf:cusip><inf:isin>US2189371006</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Election of Directors: James A. Brock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Core Natural Resources, Inc.</inf:issuerName><inf:cusip>218937100</inf:cusip><inf:isin>US2189371006</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Holly Keller Koeppel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Core Natural Resources, Inc.</inf:issuerName><inf:cusip>218937100</inf:cusip><inf:isin>US2189371006</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Patrick A. Kriegshauser</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Core Natural Resources, Inc.</inf:issuerName><inf:cusip>218937100</inf:cusip><inf:isin>US2189371006</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Paul A. Lang</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Core Natural Resources, Inc.</inf:issuerName><inf:cusip>218937100</inf:cusip><inf:isin>US2189371006</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Richard A. Navarre</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Core Natural Resources, Inc.</inf:issuerName><inf:cusip>218937100</inf:cusip><inf:isin>US2189371006</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Cassandra Pan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Core Natural Resources, Inc.</inf:issuerName><inf:cusip>218937100</inf:cusip><inf:isin>US2189371006</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Valli Perera</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Core Natural Resources, Inc.</inf:issuerName><inf:cusip>218937100</inf:cusip><inf:isin>US2189371006</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Joseph P. Platt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Core Natural Resources, Inc.</inf:issuerName><inf:cusip>218937100</inf:cusip><inf:isin>US2189371006</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Ratification of Appointment of Ernst &amp; Young LLP as Core Natural Resources, Inc.'s Independent Registered Public Accounting Firm for the Year Ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Core Natural Resources, Inc.</inf:issuerName><inf:cusip>218937100</inf:cusip><inf:isin>US2189371006</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Approval, on an Advisory Basis, of the Compensation Paid to Core Natural Resources, Inc.'s Named Executive Officers in 2024.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Approve Final Dividend</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Elect Lin Xianghong as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Elect Hung Yeuk Yan Renee as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Elect Li Qian as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Elect Wong Poh Weng as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Elect Lee Wai Wang Robert as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Authorize Board to Fix Remuneration of Directors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Authorize Repurchase of Issued Share Capital</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Authorize Reissuance of Repurchased Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Approve Amended and Restated Memorandum of Association and Articles of Association</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hong Kong Exchanges and Clearing Limited</inf:issuerName><inf:cusip>Y3506N139</inf:cusip><inf:isin>HK0388045442</inf:isin><inf:meetingDate>04/30/2025</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hong Kong Exchanges and Clearing Limited</inf:issuerName><inf:cusip>Y3506N139</inf:cusip><inf:isin>HK0388045442</inf:isin><inf:meetingDate>04/30/2025</inf:meetingDate><inf:voteDescription>Elect Peter Wilhelm Hubert Brien as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hong Kong Exchanges and Clearing Limited</inf:issuerName><inf:cusip>Y3506N139</inf:cusip><inf:isin>HK0388045442</inf:isin><inf:meetingDate>04/30/2025</inf:meetingDate><inf:voteDescription>Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hong Kong Exchanges and Clearing Limited</inf:issuerName><inf:cusip>Y3506N139</inf:cusip><inf:isin>HK0388045442</inf:isin><inf:meetingDate>04/30/2025</inf:meetingDate><inf:voteDescription>Authorize Repurchase of Issued Share Capital</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hong Kong Exchanges and Clearing Limited</inf:issuerName><inf:cusip>Y3506N139</inf:cusip><inf:isin>HK0388045442</inf:isin><inf:meetingDate>04/30/2025</inf:meetingDate><inf:voteDescription>Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hong Kong Exchanges and Clearing Limited</inf:issuerName><inf:cusip>Y3506N139</inf:cusip><inf:isin>HK0388045442</inf:isin><inf:meetingDate>04/30/2025</inf:meetingDate><inf:voteDescription>Adopt New Articles of Association</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Approve Final Dividend</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Laurence Hollingworth as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Andi Case as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Jeff Woyda as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Martine Bond as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Elect Constantin Cotzias as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Sue Harris as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Tim Miller as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Heike Truol as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Reappoint PricewaterhouseCoopers LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Board to Fix Remuneration of Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Issue of Equity</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise UK Political Donations and Expenditure</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Issue of Equity without Pre-emptive Rights</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Market Purchase of Ordinary Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise the Company to Call General Meeting with Two Weeks' Notice</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Approve Final Dividend</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Dominic Blakemore as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Martin Brand as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Kathleen DeRose as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Tsega Gebreyes as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Scott Guthrie as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Cressida Hogg as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Michel-Alain Proch as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Val Rahmani as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Don Robert as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect David Schwimmer as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect William Vereker as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Elect Lloyd Pitchford as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Reappoint Deloitte LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise the Audit Committee to Fix Remuneration of Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Issue of Equity</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise UK Political Donations and Expenditure</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Issue of Equity without Pre-emptive Rights</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Other Capital Investment</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Market Purchase of Ordinary Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>London Stock Exchange Group plc</inf:issuerName><inf:cusip>G5689U103</inf:cusip><inf:isin>GB00B0SWJX34</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise the Company to Call General Meeting with Two Weeks' Notice</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>NZX Limited</inf:issuerName><inf:cusip>Q7018C118</inf:cusip><inf:isin>NZNZXE0001S7</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorize Board to Fix Remuneration of the Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>364202</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>364202</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>NZX Limited</inf:issuerName><inf:cusip>Q7018C118</inf:cusip><inf:isin>NZNZXE0001S7</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Elect Elaine Campbell as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>364202</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>364202</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>NZX Limited</inf:issuerName><inf:cusip>Q7018C118</inf:cusip><inf:isin>NZNZXE0001S7</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Elect Peter Jessup as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>364202</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>364202</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Barry Blattman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9</inf:sharesVoted><inf:sharesOnLoan>797</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Angela F. Braly</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9</inf:sharesVoted><inf:sharesOnLoan>797</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Marcel R. Coutu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9</inf:sharesVoted><inf:sharesOnLoan>797</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Scott Cutler</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9</inf:sharesVoted><inf:sharesOnLoan>797</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Bruce Flatt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9</inf:sharesVoted><inf:sharesOnLoan>797</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Olivia (Liv) Garfield</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9</inf:sharesVoted><inf:sharesOnLoan>797</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Nili Gilbert</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9</inf:sharesVoted><inf:sharesOnLoan>797</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Keith Johnson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9</inf:sharesVoted><inf:sharesOnLoan>797</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Brian W. Kingston</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9</inf:sharesVoted><inf:sharesOnLoan>797</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Cyrus Madon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9</inf:sharesVoted><inf:sharesOnLoan>797</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Diana Noble</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9</inf:sharesVoted><inf:sharesOnLoan>797</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director William Powell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9</inf:sharesVoted><inf:sharesOnLoan>797</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9</inf:sharesVoted><inf:sharesOnLoan>797</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9</inf:sharesVoted><inf:sharesOnLoan>797</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Robert G. Elton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jim Kessler</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Brian Bales</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Adam DeWitt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Gregory B. Morrison</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Timothy O'Day</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Sarah Raiss</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Michael Sieger</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Debbie Stein</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Carol M. Stephenson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Appointment of Ernst &amp; Young LLP as auditors of the Company until the next Annual Meeting of the Company and authorizing the Audit Committee to fix their remuneration.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Approval, on an advisory basis, of a non-binding resolution on the compensation of the Company's named executive officers as described in the accompanying proxy statement.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Approval of an ordinary resolution ratifying, confirming and approving the Company's Second Amended and Restated Shareholder Rights Plan Agreement, dated as of February 24, 2025, between the Company and Computershare Investor Services Inc., the full text of which resolution is set out in the accompanying proxy statement.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: William M. Farrow, III</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Fredric J. Tomczyk</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Edward J. Fitzpatrick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Ivan K. Fong</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Janet P. Froetscher</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jill R. Goodman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Erin A. Mansfield</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Cecilia H. Mao</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Alexander J. Matturri, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jennifer J. McPeek</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Roderick A. Palmore</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: James E. Parisi</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Approve, in a non-binding resolution, the compensation paid to our executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Ratify the appointment of KPMG LLP as our independent registered public accounting firm for the 2025 fiscal year.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Approve the Third Amended and Restated Cboe Global Markets, Inc. Long-Term Incentive Plan to, among other things, increase share reserve by 3,000,000 shares and extend the term of the plan.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Stockholder proposal regarding political spending.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>TMX Group Limited</inf:issuerName><inf:cusip>87262K105</inf:cusip><inf:isin>CA87262K1057</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Approve KPMG LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>TMX Group Limited</inf:issuerName><inf:cusip>87262K105</inf:cusip><inf:isin>CA87262K1057</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Luc Bertrand</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>TMX Group Limited</inf:issuerName><inf:cusip>87262K105</inf:cusip><inf:isin>CA87262K1057</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Stephanie Cuskley</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>TMX Group Limited</inf:issuerName><inf:cusip>87262K105</inf:cusip><inf:isin>CA87262K1057</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Nicolas Darveau-Garneau</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>TMX Group Limited</inf:issuerName><inf:cusip>87262K105</inf:cusip><inf:isin>CA87262K1057</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Martine Irman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>TMX Group Limited</inf:issuerName><inf:cusip>87262K105</inf:cusip><inf:isin>CA87262K1057</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Moe Kermani</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>TMX Group Limited</inf:issuerName><inf:cusip>87262K105</inf:cusip><inf:isin>CA87262K1057</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Elect Director William Linton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>TMX Group Limited</inf:issuerName><inf:cusip>87262K105</inf:cusip><inf:isin>CA87262K1057</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Elect Director John McKenzie</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>TMX Group Limited</inf:issuerName><inf:cusip>87262K105</inf:cusip><inf:isin>CA87262K1057</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Monique Mercier</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>TMX Group Limited</inf:issuerName><inf:cusip>87262K105</inf:cusip><inf:isin>CA87262K1057</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Michael Ptasznik</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>TMX Group Limited</inf:issuerName><inf:cusip>87262K105</inf:cusip><inf:isin>CA87262K1057</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Peter Rockandel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>TMX Group Limited</inf:issuerName><inf:cusip>87262K105</inf:cusip><inf:isin>CA87262K1057</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Claude Tessier</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>TMX Group Limited</inf:issuerName><inf:cusip>87262K105</inf:cusip><inf:isin>CA87262K1057</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Ava Yaskiel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>TMX Group Limited</inf:issuerName><inf:cusip>87262K105</inf:cusip><inf:isin>CA87262K1057</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Elect Chair of Meeting</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Agenda of Meeting</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Acknowledge Proper Convening of Meeting</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Katarina Berg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Gunnar Brock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Christian Cederholm</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Johan Forssell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Magdalena Gerger</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Tom Johnstone, CBE</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Isabelle Kocher</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Sven Nyman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Mats Rahmstrom</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Grace Reksten Skaugen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Hans Straberg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Jacob Wallenberg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Marcus Wallenberg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Sara Ohrvall</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income and Dividends of SEK 5.20 Per Share</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Determine Number of Members (13) and Deputy Members (0) of Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Determine Number of Auditors (1) and Deputy Auditors (0)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration of Directors in the Amount of SEK 3.5 Million for Chair, SEK 2.04 Million for Vice Chair and SEK 1.025 Million for Other Directors; Approve Remuneration for Committee Work</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration of Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Katarina Berg as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Christian Cederholm as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Magdalena Gerger as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Tom Johnstone, CBE as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Isabelle Kocher as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Sven Nyman as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Mats Rahmstrom as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Grace Reksten Skaugen as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Hans Straberg as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Jacob Wallenberg as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Marcus Wallenberg as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Sara Ohrvall as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Elect Fred Wallenberg as New Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Jacob Wallenberg as Board Chair</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Ratify Deloitte AB as Auditor</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Performance Share Matching Plan (LTVR) for Employees within Investor</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Performance Share Matching Plan (LTVR) for Employees within Patricia Industries</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Authorize Share Repurchase Program and Reissuance of Repurchased Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Equity Plan (LTVR) Financing Through Transfer of Shares to Participants</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Marco Alvera</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Martina Cheung</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jacques Esculier</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: William D. Green</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Stephanie C. Hill</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Rebecca Jacoby</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Ian P. Livingston</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Maria R. Morris</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Gregory Washington</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve, on an advisory basis, the executive compensation program for the Company's named executive officers, as described in the Proxy Statement;</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Ratify the appointment of Ernst &amp; Young LLP as the Company's independent registered public accounting firm for 2025;</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Vote on a shareholder proposal to amend the Company's clawback policy for unearned executive pay;</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Terrence A. Duffy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Kathryn Benesh</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Timothy S. Bitsberger</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Charles P. Carey</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Bryan T. Durkin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Harold Ford Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Martin J. Gepsman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Daniel G. Kaye</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Phyllis M. Lockett</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Deborah J. Lucas</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Rahael Seifu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: William R. Shepard</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Howard J. Siegel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Dennis A. Suskind</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of Ernst &amp; Young LLP as our independent registered public accounting firm for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Advisory vote on the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director David Harquail</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Paul Brink</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Tom Albanese</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Hugo Dryland</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Derek W. Evans</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Catharine Farrow</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Maureen Jensen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Jennifer Maki</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Daniel Malchuk</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Jacques Perron</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Redomicile and Reorganization Resolution Approval by special resolution of the reorganization and domestication of the Company, as set out in Appendix "1" of the accompanying management information circular (the "Circular") and as more particularly described therein.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19596</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Share Issuance Resolution Approval by ordinary resolution of the issuance of up to 500 million Class B Common Stock of the post-reorganization and domestication entity to the current holders of Class B limited partnership units of Galaxy Digital Holdings LP, as set out in Appendix "1" of the Circular and as more particularly described therein.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19596</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Adjourment Resolution Approval by ordinary resolution of the adjournment of the Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that it is determined by the Company that more time is necessary or appropriate such that one or more resolutions at the Meeting be approved and adopted in all respects, as set out in Appendix "1" of the Circular.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19596</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Declaration of Non-U.S. Status For the purpose of determining the aggregate number of votes that U.S. holders are entitled to cast, the undersigned certifies that: i) is not a U.S. resident; and</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:otherVoteDescription>Procedural matter</inf:otherVoteDescription><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19596</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>ii) to the extent that it holds shares of the Company for the account or benefit of any other person, such person is not a U.S. resident.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:otherVoteDescription>Procedural matter</inf:otherVoteDescription><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19596</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director George L. Brack</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Jaimie Donovan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Chantal Gosselin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Jeane Hull</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Glenn Ives</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Charles A. Jeannes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Marilyn Schonberner</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Randy V.J. Smallwood</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Srinivasan Venkatakrishnan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Thomas B. Fargo</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>936400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Celeste A. Connors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>936400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Elisia K. Flores</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>936400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Peggy Y. Fowler</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>936400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>936400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Micah A. Kane</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>936400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>936400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: William James Scilacci, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>936400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>936400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Scott W. H. Seu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>936400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>936400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Advisory vote to approve the compensation of HEI's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>936400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>936400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Approval of Amended and Restated Articles of Incorporation to Increase the Number of Authorized Shares of Common Stock.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>936400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>936400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of Deloitte &amp; Touche LLP as HEI's independent registered public accountant for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>936400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>936400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Arthur J. Gallagher &amp; Co.</inf:issuerName><inf:cusip>363576109</inf:cusip><inf:isin>US3635761097</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Sherry Barrat</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Arthur J. Gallagher &amp; Co.</inf:issuerName><inf:cusip>363576109</inf:cusip><inf:isin>US3635761097</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Deborah Caplan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Arthur J. Gallagher &amp; Co.</inf:issuerName><inf:cusip>363576109</inf:cusip><inf:isin>US3635761097</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Teresa Clarke</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Arthur J. Gallagher &amp; Co.</inf:issuerName><inf:cusip>363576109</inf:cusip><inf:isin>US3635761097</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: John Coldman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Arthur J. Gallagher &amp; Co.</inf:issuerName><inf:cusip>363576109</inf:cusip><inf:isin>US3635761097</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Richard Harries</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Arthur J. Gallagher &amp; Co.</inf:issuerName><inf:cusip>363576109</inf:cusip><inf:isin>US3635761097</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Pat Gallagher</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Arthur J. Gallagher &amp; Co.</inf:issuerName><inf:cusip>363576109</inf:cusip><inf:isin>US3635761097</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: David Johnson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Arthur J. Gallagher &amp; Co.</inf:issuerName><inf:cusip>363576109</inf:cusip><inf:isin>US3635761097</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Chris Miskel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Arthur J. Gallagher &amp; Co.</inf:issuerName><inf:cusip>363576109</inf:cusip><inf:isin>US3635761097</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Ralph Nicoletti</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Arthur J. Gallagher &amp; Co.</inf:issuerName><inf:cusip>363576109</inf:cusip><inf:isin>US3635761097</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Norman Rosenthal</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Arthur J. Gallagher &amp; Co.</inf:issuerName><inf:cusip>363576109</inf:cusip><inf:isin>US3635761097</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Ratification of the Appointment of Ernst &amp; Young LLP as our Independent Auditor for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Arthur J. Gallagher &amp; Co.</inf:issuerName><inf:cusip>363576109</inf:cusip><inf:isin>US3635761097</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Approval, on an Advisory Basis, of the Compensation of our Named Executive Officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Steven A. Betts</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Gregory S. Bielli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Denise Gammon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Anthony L. Leggio</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Jeffrey J. McCall</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Norman J. Metcalfe</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Eric H. Speron</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Daniel R. Tisch</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Michael H. Winer</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Company Nominees RECOMMENDED by the Board: Kenneth G. Yee</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Bulldog Nominees OPPOSED by the Board: Andrew Dakos</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Bulldog Nominees OPPOSED by the Board: Phillip Goldstein</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Bulldog Nominees OPPOSED by the Board: Aaron T. Morris</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Ratification of appointment of Deloitte &amp; Touche LLP as the Company's Independent Registered public accounting firm for fiscal year 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Advisory vote to approve named executive officer compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>Vote on shareholder proposal to request Board of Directors to Amend Governance Documents to provide rights for shareholders with 10% or more ownership to call special meetings.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR ANDREW DAKOS</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR PHILLIP GOLDSTEIN</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR AARON T. MORRIS</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR STEVEN A. BETTS</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR GREGORY S. BIELLI</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR DENISE GAMMON</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR ANTHONY L. LEGGIO</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR JEFFREY J. MCCALL</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: NORMAN J. METCALFE</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR ERIC H. SPERON</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: DANIEL R. TISCH</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR MICHAEL H. WINER</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>ELECTION OF TEN DIRECTORS: FOR KENNETH G. YEE</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as Tejon's independent registered public accounting firm for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>To approve the compensation of Tejon's executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Tejon Ranch Co.</inf:issuerName><inf:cusip>879080109</inf:cusip><inf:isin>US8790801091</inf:isin><inf:meetingDate>05/13/2025</inf:meetingDate><inf:voteDescription>To request that the board of directors take the necessary steps in its power to amend Tejon's governing documents to give the owners of a combined 10% of the outstanding shares the power to call a special stockholder meeting</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income and Dividends of EUR 4.00 per Share</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Management Board for Fiscal Year 2024</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Supervisory Board for Fiscal Year 2024</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Amend Articles Re: Electronic Securities</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approve Creation of EUR 18.8 Million Pool of Authorized Capital with or without Exclusion of Preemptive Rights</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Elect Jean Mustier to the Supervisory Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approve Virtual-Only Shareholder Meetings Until 2027</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Policy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Ratify PricewaterhouseCoopers GmbH as Auditors for Fiscal Year 2025 and for the Review of Interim Financial Statements for the First Half of Fiscal Year 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Ratify PricewaterhouseCoopers GmbH as Authorized Sustainability Auditors for Fiscal Year 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Adopt Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Approve Dividends</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Management Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Supervisory Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Reelect Piero Novelli to Supervisory Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Reelect Olivier Sichel to Supervisory Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Elect Francesca Scaglia to Supervisory Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Reelect Delphine d'Amarzit to Management Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Elect Rene van Vlerken to Management Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Amend Remuneration Policy for Management Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Amend Remuneration Policy for Supervisory Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Ratify KPMG Accountants N.V. as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Approve Cancellation of Repurchased Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Grant Board Authority to Issue Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Authorize Board to Exclude Preemptive Rights from Share Issuances</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Authorize Repurchase of Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Authorize Board to Grant Rights to French Beneficiaries to Receive Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2520</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2520</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Hon. Sharon Y. Bowen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12900</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12900</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Shantella E. Cooper</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12900</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12900</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Duriya M. Farooqui</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12900</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12900</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: The Rt. Hon. the Lord Hague of Richmond</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12900</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12900</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Mark F. Mulhern</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12900</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12900</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Thomas E. Noonan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12900</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12900</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Caroline L. Silver</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12900</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12900</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jeffrey C. Sprecher</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12900</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12900</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Judith A. Sprieser</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12900</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12900</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Martha A. Tirinnanzi</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12900</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12900</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>To approve, by non-binding vote, the advisory resolution on executive compensation for named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12900</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12900</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>To approve the adoption of amendments to our current Certificate of Incorporation to adopt voting limitations for regulatory compliance.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12900</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12900</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>To ratify the appointment of Ernst &amp; Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12900</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12900</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Amanda M. Brock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>43800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>43800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jacinto J. Hernandez</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>43800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>43800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: W. Howard Keenan, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>43800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>43800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Ratify the appointment of BDO USA, P.C. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>43800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>43800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To elect eight directors of the Company to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Karen L. Alvingham</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To elect eight directors of the Company to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Dwight D. Churchill</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To elect eight directors of the Company to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Annette Franqui</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To elect eight directors of the Company to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Jay C. Horgen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To elect eight directors of the Company to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Felix V. Matos Rodriguez</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To elect eight directors of the Company to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Tracy P. Palandjian</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To elect eight directors of the Company to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: David C. Ryan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To elect eight directors of the Company to serve until the 2026 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified: Loren M. Starr</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To approve, by a non-binding advisory vote, the compensation of the Company's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Affiliated Managers Group, Inc.</inf:issuerName><inf:cusip>008252108</inf:cusip><inf:isin>US0082521081</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>To ratify the selection of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the current fiscal year.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>190</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>190</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors to a term ending in 2028: Reid T. Campbell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1654</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1654</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors to a term ending in 2028: Peter M. Carlson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1654</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1654</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors to a term ending in 2028: Suzanne F. Shank</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1654</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1654</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Approval of the advisory resolution on executive compensation</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1654</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1654</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Approval of the Company's amended and restated long-term incentive plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1654</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1654</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Approval of the appointment of PricewaterhouseCoopers LLP ("PwC") as the Company's Independent Registered Public Accounting Firm for 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1654</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1654</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Mario J. Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>77000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>77000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Marc Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>77000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>77000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Douglas R. Jamieson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>77000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>77000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Daniel R. Lee</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>77000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>77000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Bruce M. Lisman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>77000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>77000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Richard T. Prins</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>77000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>77000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Frederic V. Salerno</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>77000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>77000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Salvatore F. Sodano</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>77000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>77000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Elisa M. Wilson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>77000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>77000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Ratification of Appointment of Independent Registered Public Accountants</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>77000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>77000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Mario J. Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>58600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>58600</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Raymond C. Avansino, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>58600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>58600</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Leslie B. Daniels</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>58600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>58600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Alexis Glick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>58600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>58600</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Douglas R. Jamieson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>58600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>58600</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Agnes Mullady</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>58600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>58600</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Robert S. Prather, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>58600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>58600</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Elisa M. Wilson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>58600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>58600</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Ratify Deloitte &amp; Touche LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>58600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>58600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>MarketAxess Holdings Inc.</inf:issuerName><inf:cusip>57060D108</inf:cusip><inf:isin>US57060D1081</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Carlos M. Hernandez</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>48</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>MarketAxess Holdings Inc.</inf:issuerName><inf:cusip>57060D108</inf:cusip><inf:isin>US57060D1081</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Christopher R. Concannon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>48</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>MarketAxess Holdings Inc.</inf:issuerName><inf:cusip>57060D108</inf:cusip><inf:isin>US57060D1081</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Nancy Altobello</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>48</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>MarketAxess Holdings Inc.</inf:issuerName><inf:cusip>57060D108</inf:cusip><inf:isin>US57060D1081</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors; Steven L. Begleiter</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>48</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>MarketAxess Holdings Inc.</inf:issuerName><inf:cusip>57060D108</inf:cusip><inf:isin>US57060D1081</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Stephen P. Casper</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>48</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>MarketAxess Holdings Inc.</inf:issuerName><inf:cusip>57060D108</inf:cusip><inf:isin>US57060D1081</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jane Chwick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>48</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>MarketAxess Holdings Inc.</inf:issuerName><inf:cusip>57060D108</inf:cusip><inf:isin>US57060D1081</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: William F. Cruger</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>48</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>MarketAxess Holdings Inc.</inf:issuerName><inf:cusip>57060D108</inf:cusip><inf:isin>US57060D1081</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Kourtney Gibson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>48</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>MarketAxess Holdings Inc.</inf:issuerName><inf:cusip>57060D108</inf:cusip><inf:isin>US57060D1081</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Roberto Hoornweg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>48</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>MarketAxess Holdings Inc.</inf:issuerName><inf:cusip>57060D108</inf:cusip><inf:isin>US57060D1081</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Richard G. Ketchum</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>48</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>MarketAxess Holdings Inc.</inf:issuerName><inf:cusip>57060D108</inf:cusip><inf:isin>US57060D1081</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Emily H. Portney</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>48</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>MarketAxess Holdings Inc.</inf:issuerName><inf:cusip>57060D108</inf:cusip><inf:isin>US57060D1081</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>48</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>MarketAxess Holdings Inc.</inf:issuerName><inf:cusip>57060D108</inf:cusip><inf:isin>US57060D1081</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>To approve, on an advisory basis, the compensation of the Company's named executive officers as disclosed in the 2025 Proxy Statement.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>48</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>48</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>MarketAxess Holdings Inc.</inf:issuerName><inf:cusip>57060D108</inf:cusip><inf:isin>US57060D1081</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>If properly presented, a stockholder proposal to remove the one-year holding period requirement to call a special stockholder meeting.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>48</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>48</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Garth N. Graham</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Carolyn B. Handlon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Yvette M. Kanouff</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Timothy J. Mayopoulos</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Katharina G. McFarland</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Milford W. McGuirt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Donna S. Morea</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: James C. Reagan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Steven R. Shane</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: John K. Tien, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The election of eleven director nominees: Toni Townes-Whitley</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The approval of a non-binding, advisory vote on executive compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Science Applications International Corporation</inf:issuerName><inf:cusip>808625107</inf:cusip><inf:isin>US8086251076</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>The ratification of the appointment of Ernst &amp; Young LLP as our independent registered public accounting firm for the fiscal year ending January 30, 2026.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Wealth Solutions Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Elect Director William Cox</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>217</inf:sharesVoted><inf:sharesOnLoan>4400</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>217</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Wealth Solutions Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Anne Schaumburg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>217</inf:sharesVoted><inf:sharesOnLoan>4400</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>217</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Wealth Solutions Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Soonyoung Chang</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>217</inf:sharesVoted><inf:sharesOnLoan>4400</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>217</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Wealth Solutions Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Lars Rodert</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>217</inf:sharesVoted><inf:sharesOnLoan>4400</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>217</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Wealth Solutions Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Michele Coleman Mayes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>217</inf:sharesVoted><inf:sharesOnLoan>4400</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>217</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Wealth Solutions Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>217</inf:sharesVoted><inf:sharesOnLoan>4400</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>217</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Wealth Solutions Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Approve Reduction in Stated Capital</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>217</inf:sharesVoted><inf:sharesOnLoan>4400</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>217</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Wealth Solutions Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Approve Share Issuance Resolution</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>217</inf:sharesVoted><inf:sharesOnLoan>4400</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>217</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: David N. Capobianco</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>120218</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>120218</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Jason Long</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>120218</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>120218</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Matthew K. Morrow</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>120218</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>120218</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Michael S. Sulton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>120218</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>120218</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Frank Bayouth</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>120218</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>120218</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Kara Goodloe Harling</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>120218</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>120218</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Ben Moore</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>120218</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>120218</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Charles Watson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>120218</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>120218</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Ty Daul</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>120218</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>120218</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Valerie P. Chase</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>120218</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>120218</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Andrea Nicolas</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>120218</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>120218</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as the independent registered public accounting firm of LandBridge for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>120218</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>120218</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Melissa M. Arnoldi</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Charlene T. Begley</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Adena T. Friedman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Essa Kazim</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Thomas A. Kloet</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Kathryn A. Koch</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Holden Spaht</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Michael R. Splinter</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Johan Torgeby</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Toni Townes-Whitley</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Jeffery W. Yabuki</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Alfred W. Zollar</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Advisory vote to approve the Company's executive compensation as presented in the Proxy Statement</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of Ernst &amp; Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Approval of an amendment to the Company's Amended and Restated Certificate of Incorporation to provide for limited officer exculpation</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Thomas S. Caldwell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>43700</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>43700</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Beth Colle</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>43700</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>43700</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director George D. Elliott</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>43700</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>43700</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Michael B. C. Gundy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>43700</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>43700</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Charles A. V. Pennock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>43700</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>43700</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>43700</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>43700</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>88000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>88000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income and Dividends</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>88000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>88000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Management of Company and Grant Discharge to Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>88000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>88000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Director Remuneration for 2024</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>88000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>88000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Pre-approve Director Remuneration for 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>88000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>88000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Auditors and Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>88000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>88000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>88000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>88000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Policy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>88000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>88000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Authorize Board to Participate in Companies with Similar Business Interests</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>88000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>88000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Bakkt Holdings, Inc.</inf:issuerName><inf:cusip>05759B305</inf:cusip><inf:isin>US05759B3050</inf:isin><inf:meetingDate>06/17/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors: Michelle J. Goldberg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>320</inf:sharesVoted><inf:sharesOnLoan>31680</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>320</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Bakkt Holdings, Inc.</inf:issuerName><inf:cusip>05759B305</inf:cusip><inf:isin>US05759B3050</inf:isin><inf:meetingDate>06/17/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors: Akshay Naheta</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>320</inf:sharesVoted><inf:sharesOnLoan>31680</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>320</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Bakkt Holdings, Inc.</inf:issuerName><inf:cusip>05759B305</inf:cusip><inf:isin>US05759B3050</inf:isin><inf:meetingDate>06/17/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors: Jill Simeone</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>320</inf:sharesVoted><inf:sharesOnLoan>31680</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>320</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Bakkt Holdings, Inc.</inf:issuerName><inf:cusip>05759B305</inf:cusip><inf:isin>US05759B3050</inf:isin><inf:meetingDate>06/17/2025</inf:meetingDate><inf:voteDescription>To approve an amendment to the Company's 2021 Omnibus Incentive Plan.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>320</inf:sharesVoted><inf:sharesOnLoan>31680</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>320</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Bakkt Holdings, Inc.</inf:issuerName><inf:cusip>05759B305</inf:cusip><inf:isin>US05759B3050</inf:isin><inf:meetingDate>06/17/2025</inf:meetingDate><inf:voteDescription>To approve an amendment of the Company's Certificate of Incorporation to provide for officer exculpation as permitted by Delaware law.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>320</inf:sharesVoted><inf:sharesOnLoan>31680</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>320</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Bakkt Holdings, Inc.</inf:issuerName><inf:cusip>05759B305</inf:cusip><inf:isin>US05759B3050</inf:isin><inf:meetingDate>06/17/2025</inf:meetingDate><inf:voteDescription>To approve an amendment of the Company's Certificate of Incorporation to increase the number of authorized shares of Class A Common Stock.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>320</inf:sharesVoted><inf:sharesOnLoan>31680</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>320</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Bakkt Holdings, Inc.</inf:issuerName><inf:cusip>05759B305</inf:cusip><inf:isin>US05759B3050</inf:isin><inf:meetingDate>06/17/2025</inf:meetingDate><inf:voteDescription>To approve, on a non-binding advisory basis, of the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>320</inf:sharesVoted><inf:sharesOnLoan>31680</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>320</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Bakkt Holdings, Inc.</inf:issuerName><inf:cusip>05759B305</inf:cusip><inf:isin>US05759B3050</inf:isin><inf:meetingDate>06/17/2025</inf:meetingDate><inf:voteDescription>To approve, on a non-binding advisory basis, of the frequency of future stockholder advisory votes on the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>320</inf:sharesVoted><inf:sharesOnLoan>31680</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>ONE YEAR</inf:howVoted><inf:sharesVoted>320</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Alphapolis Co., Ltd.</inf:issuerName><inf:cusip>J0128W106</inf:cusip><inf:isin>JP3126410004</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income, with a Final Dividend of JPY 14</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Merit E. Janow</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Candido Bracher</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Richard K. Davis</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Julius Genachowski</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Choon Phong Goh</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Oki Matsumoto</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Michael Miebach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Youngme Moon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Rima Qureshi</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Gabrielle Sulzberger</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Harit Talwar</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Lance Uggla</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Advisory approval of Mastercard's executive compensation</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for Mastercard for 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approval of an amendment to Mastercard's Amended and Restated Certificate of Incorporation to limit liability of officers as permitted by Delaware law</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approval of an amendment to Mastercard's Amended and Restated Certificate of Incorporation to remove the Industry Director concept</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approval of an amendment to Mastercard's Amended and Restated Certificate of incorporation to implement other miscellaneous changes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Consideration of a stockholder proposal requesting a racial equity audit report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIVERSITY, EQUITY, AND INCLUSION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Consideration of a stockholder proposal requesting a report on affirmative action risks</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIVERSITY, EQUITY, AND INCLUSION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>1000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>1000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income, with a Final Dividend of JPY 41</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Appoint Statutory Auditor Nakayama, Masahisa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Compensation Ceilings for Directors and Statutory Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Trust-Type Equity Compensation Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income, with a Final Dividend of JPY 30</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Yamaguchi, Toshikazu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Sugiyama, Yoshikuni</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Ishizawa, Akira</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Fukuda, Hiroyuki</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Sato, Ken</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Kakizoe, Tadao</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Manago, Yasushi</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Katsu, Eijiro</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Komoda, Masanobu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Suwa, Takako</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Appoint Alternate Statutory Auditor Negishi, Toyoaki</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Approve Restricted Stock Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007856</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CreditRiskMonitor.com, Inc.</inf:issuerName><inf:cusip>225426105</inf:cusip><inf:isin>US2254261058</inf:isin><inf:meetingDate>07/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Jerome S. Flum</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>780</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>780</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CreditRiskMonitor.com, Inc.</inf:issuerName><inf:cusip>225426105</inf:cusip><inf:isin>US2254261058</inf:isin><inf:meetingDate>07/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Lisa Reisman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>780</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>780</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CreditRiskMonitor.com, Inc.</inf:issuerName><inf:cusip>225426105</inf:cusip><inf:isin>US2254261058</inf:isin><inf:meetingDate>07/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Brigitte Muehlmann</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>780</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>780</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CreditRiskMonitor.com, Inc.</inf:issuerName><inf:cusip>225426105</inf:cusip><inf:isin>US2254261058</inf:isin><inf:meetingDate>07/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Joshua M. Flum</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>780</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>780</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CreditRiskMonitor.com, Inc.</inf:issuerName><inf:cusip>225426105</inf:cusip><inf:isin>US2254261058</inf:isin><inf:meetingDate>07/17/2024</inf:meetingDate><inf:voteDescription>To ratify the selection of CohnReznick LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>780</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>780</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>IG Port, Inc.</inf:issuerName><inf:cusip>J2333C107</inf:cusip><inf:isin>JP3833770005</inf:isin><inf:meetingDate>08/29/2024</inf:meetingDate><inf:voteDescription>Approve Allocation of Income, with a Final Dividend of JPY 60</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>IG Port, Inc.</inf:issuerName><inf:cusip>J2333C107</inf:cusip><inf:isin>JP3833770005</inf:isin><inf:meetingDate>08/29/2024</inf:meetingDate><inf:voteDescription>Elect Director Kunieda, Shingo</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>IG Port, Inc.</inf:issuerName><inf:cusip>J2333C107</inf:cusip><inf:isin>JP3833770005</inf:isin><inf:meetingDate>08/29/2024</inf:meetingDate><inf:voteDescription>Approve Annual Bonus</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Michael A. Daniels</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Lisa S. Disbrow</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Susan M. Gordon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: William L. Jews</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Ryan D. McCarthy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: John S. Mengucci</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Scott C. Morrison</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Philip O. Nolan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Debora A. Plunkett</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Stanton D. Sloane</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Charles L. Szews</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>To approve on a non-binding, advisory basis the compensation of our named executive officers; and</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>To ratify the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for fiscal year 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>29200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>29200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Barbara J. Duganier (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>63078</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>63078</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Tyler Glover (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>63078</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>63078</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Karl F. Kurz (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>63078</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>63078</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Robert Roosa (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>63078</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>63078</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Murray Stahl (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>63078</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>63078</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Marguerite Woung-Chapman (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>63078</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>63078</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To approve, by non-binding advisory vote, the executive compensation paid to the Company's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>63078</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>63078</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>63078</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>63078</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To approve an amendment to the Company's Second Amended and Restated Certificate of Incorporation to give holders of 25% of the Company's common stock the right to request a special meeting of stockholders.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>63078</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>63078</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding an amendment to the Company's Clawback Policy.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>63078</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>63078</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding stockholders' ability to act by written consent.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>63078</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>63078</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding the renomination of directors.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>63078</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>63078</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Copart, Inc.</inf:issuerName><inf:cusip>217204106</inf:cusip><inf:isin>US2172041061</inf:isin><inf:meetingDate>12/06/2024</inf:meetingDate><inf:voteDescription>To elect the twelve nominees for director named in the proxy statement to hold office until our 2025 annual meeting of stockholders or until their respective successors have been duly elected and qualified: Willis J. Johnson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Copart, Inc.</inf:issuerName><inf:cusip>217204106</inf:cusip><inf:isin>US2172041061</inf:isin><inf:meetingDate>12/06/2024</inf:meetingDate><inf:voteDescription>To elect the twelve nominees for director named in the proxy statement to hold office until our 2025 annual meeting of stockholders or until their respective successors have been duly elected and qualified: A. Jayson Adair</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Copart, Inc.</inf:issuerName><inf:cusip>217204106</inf:cusip><inf:isin>US2172041061</inf:isin><inf:meetingDate>12/06/2024</inf:meetingDate><inf:voteDescription>To elect the twelve nominees for director named in the proxy statement to hold office until our 2025 annual meeting of stockholders or until their respective successors have been duly elected and qualified: Matt Blunt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Copart, Inc.</inf:issuerName><inf:cusip>217204106</inf:cusip><inf:isin>US2172041061</inf:isin><inf:meetingDate>12/06/2024</inf:meetingDate><inf:voteDescription>To elect the twelve nominees for director named in the proxy statement to hold office until our 2025 annual meeting of stockholders or until their respective successors have been duly elected and qualified: Steven D. Cohan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Copart, Inc.</inf:issuerName><inf:cusip>217204106</inf:cusip><inf:isin>US2172041061</inf:isin><inf:meetingDate>12/06/2024</inf:meetingDate><inf:voteDescription>To elect the twelve nominees for director named in the proxy statement to hold office until our 2025 annual meeting of stockholders or until their respective successors have been duly elected and qualified: Daniel J. Englander</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Copart, Inc.</inf:issuerName><inf:cusip>217204106</inf:cusip><inf:isin>US2172041061</inf:isin><inf:meetingDate>12/06/2024</inf:meetingDate><inf:voteDescription>To elect the twelve nominees for director named in the proxy statement to hold office until our 2025 annual meeting of stockholders or until their respective successors have been duly elected and qualified: James E. Meeks</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Copart, Inc.</inf:issuerName><inf:cusip>217204106</inf:cusip><inf:isin>US2172041061</inf:isin><inf:meetingDate>12/06/2024</inf:meetingDate><inf:voteDescription>To elect the twelve nominees for director named in the proxy statement to hold office until our 2025 annual meeting of stockholders or until their respective successors have been duly elected and qualified: Thomas N. Tryforos</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Copart, Inc.</inf:issuerName><inf:cusip>217204106</inf:cusip><inf:isin>US2172041061</inf:isin><inf:meetingDate>12/06/2024</inf:meetingDate><inf:voteDescription>To elect the twelve nominees for director named in the proxy statement to hold office until our 2025 annual meeting of stockholders or until their respective successors have been duly elected and qualified: Diane M. Morefield</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Copart, Inc.</inf:issuerName><inf:cusip>217204106</inf:cusip><inf:isin>US2172041061</inf:isin><inf:meetingDate>12/06/2024</inf:meetingDate><inf:voteDescription>To elect the twelve nominees for director named in the proxy statement to hold office until our 2025 annual meeting of stockholders or until their respective successors have been duly elected and qualified: Stephen Fisher</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Copart, Inc.</inf:issuerName><inf:cusip>217204106</inf:cusip><inf:isin>US2172041061</inf:isin><inf:meetingDate>12/06/2024</inf:meetingDate><inf:voteDescription>To elect the twelve nominees for director named in the proxy statement to hold office until our 2025 annual meeting of stockholders or until their respective successors have been duly elected and qualified: Cherylyn Harley LeBon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Copart, Inc.</inf:issuerName><inf:cusip>217204106</inf:cusip><inf:isin>US2172041061</inf:isin><inf:meetingDate>12/06/2024</inf:meetingDate><inf:voteDescription>To elect the twelve nominees for director named in the proxy statement to hold office until our 2025 annual meeting of stockholders or until their respective successors have been duly elected and qualified: Carl D. Sparks</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Copart, Inc.</inf:issuerName><inf:cusip>217204106</inf:cusip><inf:isin>US2172041061</inf:isin><inf:meetingDate>12/06/2024</inf:meetingDate><inf:voteDescription>To elect the twelve nominees for director named in the proxy statement to hold office until our 2025 annual meeting of stockholders or until their respective successors have been duly elected and qualified: Jeffrey Liaw</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Copart, Inc.</inf:issuerName><inf:cusip>217204106</inf:cusip><inf:isin>US2172041061</inf:isin><inf:meetingDate>12/06/2024</inf:meetingDate><inf:voteDescription>To approve, on an advisory (non-binding) basis, the compensation of our named executive officers for the fiscal year ended July 31, 2024.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Copart, Inc.</inf:issuerName><inf:cusip>217204106</inf:cusip><inf:isin>US2172041061</inf:isin><inf:meetingDate>12/06/2024</inf:meetingDate><inf:voteDescription>To ratify the appointment by the audit committee of our Board of Ernst &amp; Young LLP as our independent registered public accounting firm for the fiscal year ending July 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>12/09/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Joseph J. Lhota</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>12/09/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Joel M. Litvin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>12/09/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: John L. Sykes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>12/09/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Carl E. Vogel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>12/09/2024</inf:meetingDate><inf:voteDescription>Ratification of the appointment of our independent registered public accounting firm.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>12/09/2024</inf:meetingDate><inf:voteDescription>Approval of the Company's 2020 Employee Stock Plan, as amended.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>12/09/2024</inf:meetingDate><inf:voteDescription>An advisory vote on the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Entertainment Corp.</inf:issuerName><inf:cusip>558256103</inf:cusip><inf:isin>US5582561032</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Martin Bandier</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Entertainment Corp.</inf:issuerName><inf:cusip>558256103</inf:cusip><inf:isin>US5582561032</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Donna M. Coleman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Entertainment Corp.</inf:issuerName><inf:cusip>558256103</inf:cusip><inf:isin>US5582561032</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Frederic V. Salerno</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Entertainment Corp.</inf:issuerName><inf:cusip>558256103</inf:cusip><inf:isin>US5582561032</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Ratification of the appointment of our independent registered public accounting firm.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Entertainment Corp.</inf:issuerName><inf:cusip>558256103</inf:cusip><inf:isin>US5582561032</inf:isin><inf:meetingDate>12/11/2024</inf:meetingDate><inf:voteDescription>Approval of, on an advisory basis, the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>OTC Markets Group Inc.</inf:issuerName><inf:cusip>67106F108</inf:cusip><inf:isin>US67106F1084</inf:isin><inf:meetingDate>12/17/2024</inf:meetingDate><inf:voteDescription>Elect Director Gary Baddeley</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>121000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>121000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>OTC Markets Group Inc.</inf:issuerName><inf:cusip>67106F108</inf:cusip><inf:isin>US67106F1084</inf:isin><inf:meetingDate>12/17/2024</inf:meetingDate><inf:voteDescription>Elect Director R. Cromwell Coulson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>121000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>121000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>OTC Markets Group Inc.</inf:issuerName><inf:cusip>67106F108</inf:cusip><inf:isin>US67106F1084</inf:isin><inf:meetingDate>12/17/2024</inf:meetingDate><inf:voteDescription>Elect Director Louisa Serene Schneider</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>121000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>121000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>OTC Markets Group Inc.</inf:issuerName><inf:cusip>67106F108</inf:cusip><inf:isin>US67106F1084</inf:isin><inf:meetingDate>12/17/2024</inf:meetingDate><inf:voteDescription>Elect Director Julia Sears</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>121000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>121000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>OTC Markets Group Inc.</inf:issuerName><inf:cusip>67106F108</inf:cusip><inf:isin>US67106F1084</inf:isin><inf:meetingDate>12/17/2024</inf:meetingDate><inf:voteDescription>Elect Director Andrew Wimpfheimer</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>121000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>121000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>OTC Markets Group Inc.</inf:issuerName><inf:cusip>67106F108</inf:cusip><inf:isin>US67106F1084</inf:isin><inf:meetingDate>12/17/2024</inf:meetingDate><inf:voteDescription>Elect Director Neal Wolkoff</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>121000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>121000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>OTC Markets Group Inc.</inf:issuerName><inf:cusip>67106F108</inf:cusip><inf:isin>US67106F1084</inf:isin><inf:meetingDate>12/17/2024</inf:meetingDate><inf:voteDescription>Ratify Deloitte &amp; Touche LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>121000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>121000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Marco Alvera</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>113</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Martina Cheung</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>113</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jacques Esculier</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>113</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: William D. Green</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>113</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Stephanie C. Hill</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>113</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Rebecca Jacoby</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>113</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Ian P. Livingston</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>113</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Maria R. Morris</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>113</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Gregory Washington</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>113</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve, on an advisory basis, the executive compensation program for the Company's named executive officers, as described in the Proxy Statement;</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>113</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Ratify the appointment of Ernst &amp; Young LLP as the Company's independent registered public accounting firm for 2025;</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>113</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>S&amp;P Global Inc.</inf:issuerName><inf:cusip>78409V104</inf:cusip><inf:isin>US78409V1044</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Vote on a shareholder proposal to amend the Company's clawback policy for unearned executive pay;</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>113</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>113</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Terrence A. Duffy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Kathryn Benesh</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Timothy S. Bitsberger</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Charles P. Carey</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Bryan T. Durkin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Harold Ford Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Martin J. Gepsman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Daniel G. Kaye</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Phyllis M. Lockett</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Deborah J. Lucas</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Rahael Seifu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: William R. Shepard</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Howard J. Siegel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Dennis A. Suskind</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of Ernst &amp; Young LLP as our independent registered public accounting firm for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Advisory vote on the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Redomicile and Reorganization Resolution Approval by special resolution of the reorganization and domestication of the Company, as set out in Appendix "1" of the accompanying management information circular (the "Circular") and as more particularly described therein.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Share Issuance Resolution Approval by ordinary resolution of the issuance of up to 500 million Class B Common Stock of the post-reorganization and domestication entity to the current holders of Class B limited partnership units of Galaxy Digital Holdings LP, as set out in Appendix "1" of the Circular and as more particularly described therein.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Adjourment Resolution Approval by ordinary resolution of the adjournment of the Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that it is determined by the Company that more time is necessary or appropriate such that one or more resolutions at the Meeting be approved and adopted in all respects, as set out in Appendix "1" of the Circular.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Declaration of Non-U.S. Status For the purpose of determining the aggregate number of votes that U.S. holders are entitled to cast, the undersigned certifies that: i) is not a U.S. resident; and</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:otherVoteDescription>Procedural matter</inf:otherVoteDescription><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>9800</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>ii) to the extent that it holds shares of the Company for the account or benefit of any other person, such person is not a U.S. resident.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:otherVoteDescription>Procedural matter</inf:otherVoteDescription><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>9800</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jeffrey Dailey</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Bruce Hansen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Gregory Hendrick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Kathleen A. Hogenson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Samuel G. Liss</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Christopher J. Perry</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Sabra R. Purtill</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Lee M. Shavel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Olumide Soroye</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Kimberly S. Stevenson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Therese M. Vaughan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>To approve executive compensation on an advisory, non-binding basis.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as our independent auditor for the 2025 fiscal year.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>To eliminate supermajority voting standards for limitation on beneficial ownership of the Company.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>To eliminate supermajority voting standards for certain business combinations.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>To limit certain liability of officers as permitted by Delaware law.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>To enable the ability of shareholders owning 25% of the Company's common stock to call special meetings of shareholders.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Verisk Analytics, Inc.</inf:issuerName><inf:cusip>92345Y106</inf:cusip><inf:isin>US92345Y1064</inf:isin><inf:meetingDate>05/20/2025</inf:meetingDate><inf:voteDescription>Shareholder Proposal - Support Shareholder Ability to call for a Shareholder Meeting.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Joseph J. Lhota</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Joel M. Litvin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: Debra G. Perelman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of the following nominees as directors: John L. Sykes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of our independent registered public accounting firm.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Approval of, on an advisory basis, the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sphere Entertainment Co.</inf:issuerName><inf:cusip>55826T102</inf:cusip><inf:isin>US55826T1025</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Approval of the redomestication of the Company to the State of Nevada by conversion.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Madison Square Garden Entertainment Corp.</inf:issuerName><inf:cusip>558256103</inf:cusip><inf:isin>US5582561032</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Approval of the redomestication of the Company to the State of Nevada by conversion.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Atlanta Braves Holdings, Inc.</inf:issuerName><inf:cusip>047726104</inf:cusip><inf:isin>US0477261046</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Directors Election: Terence F. McGuirk</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Atlanta Braves Holdings, Inc.</inf:issuerName><inf:cusip>047726104</inf:cusip><inf:isin>US0477261046</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Directors Election: Diana M. Murphy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Atlanta Braves Holdings, Inc.</inf:issuerName><inf:cusip>047726104</inf:cusip><inf:isin>US0477261046</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>The auditors ratification proposal, to ratify the selection of KPMG LLP as our independent auditors for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: David N. Capobianco</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>56000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>56000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Jason Long</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>56000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>56000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Matthew K. Morrow</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>56000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>56000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Michael S. Sulton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>56000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>56000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Frank Bayouth</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>56000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>56000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Kara Goodloe Harling</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>56000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>56000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Ben Moore</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>56000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>56000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Charles Watson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>56000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>56000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Ty Daul</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>56000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>56000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Valerie P. Chase</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>56000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>56000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Andrea Nicolas</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>56000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>56000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as the independent registered public accounting firm of LandBridge for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>56000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>56000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Melissa M. Arnoldi</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Charlene T. Begley</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Adena T. Friedman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Essa Kazim</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Thomas A. Kloet</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Kathryn A. Koch</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Holden Spaht</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Michael R. Splinter</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Johan Torgeby</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Toni Townes-Whitley</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Jeffery W. Yabuki</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Election 12 Directors: Alfred W. Zollar</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Advisory vote to approve the Company's executive compensation as presented in the Proxy Statement</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of Ernst &amp; Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nasdaq, Inc.</inf:issuerName><inf:cusip>631103108</inf:cusip><inf:isin>US6311031081</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Approval of an amendment to the Company's Amended and Restated Certificate of Incorporation to provide for limited officer exculpation</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income and Dividends</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Management of Company and Grant Discharge to Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Director Remuneration for 2024</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Pre-approve Director Remuneration for 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Auditors and Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Policy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Authorize Board to Participate in Companies with Similar Business Interests</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Bakkt Holdings, Inc.</inf:issuerName><inf:cusip>05759B305</inf:cusip><inf:isin>US05759B3050</inf:isin><inf:meetingDate>06/17/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors: Michelle J. Goldberg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>78200</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Bakkt Holdings, Inc.</inf:issuerName><inf:cusip>05759B305</inf:cusip><inf:isin>US05759B3050</inf:isin><inf:meetingDate>06/17/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors: Akshay Naheta</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>78200</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Bakkt Holdings, Inc.</inf:issuerName><inf:cusip>05759B305</inf:cusip><inf:isin>US05759B3050</inf:isin><inf:meetingDate>06/17/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors: Jill Simeone</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>78200</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Bakkt Holdings, Inc.</inf:issuerName><inf:cusip>05759B305</inf:cusip><inf:isin>US05759B3050</inf:isin><inf:meetingDate>06/17/2025</inf:meetingDate><inf:voteDescription>To approve an amendment to the Company's 2021 Omnibus Incentive Plan.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>78200</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Bakkt Holdings, Inc.</inf:issuerName><inf:cusip>05759B305</inf:cusip><inf:isin>US05759B3050</inf:isin><inf:meetingDate>06/17/2025</inf:meetingDate><inf:voteDescription>To approve an amendment of the Company's Certificate of Incorporation to provide for officer exculpation as permitted by Delaware law.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>78200</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Bakkt Holdings, Inc.</inf:issuerName><inf:cusip>05759B305</inf:cusip><inf:isin>US05759B3050</inf:isin><inf:meetingDate>06/17/2025</inf:meetingDate><inf:voteDescription>To approve an amendment of the Company's Certificate of Incorporation to increase the number of authorized shares of Class A Common Stock.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>78200</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Bakkt Holdings, Inc.</inf:issuerName><inf:cusip>05759B305</inf:cusip><inf:isin>US05759B3050</inf:isin><inf:meetingDate>06/17/2025</inf:meetingDate><inf:voteDescription>To approve, on a non-binding advisory basis, of the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>78200</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Bakkt Holdings, Inc.</inf:issuerName><inf:cusip>05759B305</inf:cusip><inf:isin>US05759B3050</inf:isin><inf:meetingDate>06/17/2025</inf:meetingDate><inf:voteDescription>To approve, on a non-binding advisory basis, of the frequency of future stockholder advisory votes on the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1800</inf:sharesVoted><inf:sharesOnLoan>78200</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>ONE YEAR</inf:howVoted><inf:sharesVoted>1800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Merit E. Janow</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Candido Bracher</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Richard K. Davis</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Julius Genachowski</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Choon Phong Goh</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Oki Matsumoto</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Michael Miebach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Youngme Moon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Rima Qureshi</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Gabrielle Sulzberger</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Harit Talwar</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>ELECTION OF DIRECTORS TO SERVE ON THE BOARD OF DIRECTORS: Lance Uggla</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Advisory approval of Mastercard's executive compensation</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for Mastercard for 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approval of an amendment to Mastercard's Amended and Restated Certificate of Incorporation to limit liability of officers as permitted by Delaware law</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approval of an amendment to Mastercard's Amended and Restated Certificate of Incorporation to remove the Industry Director concept</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approval of an amendment to Mastercard's Amended and Restated Certificate of incorporation to implement other miscellaneous changes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Consideration of a stockholder proposal requesting a racial equity audit report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIVERSITY, EQUITY, AND INCLUSION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Mastercard Incorporated</inf:issuerName><inf:cusip>57636Q104</inf:cusip><inf:isin>US57636Q1040</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Consideration of a stockholder proposal requesting a report on affirmative action risks</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIVERSITY, EQUITY, AND INCLUSION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>5000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>5000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income, with a Final Dividend of JPY 41</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Appoint Statutory Auditor Nakayama, Masahisa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Compensation Ceilings for Directors and Statutory Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Trust-Type Equity Compensation Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CoStar Group, Inc.</inf:issuerName><inf:cusip>22160N109</inf:cusip><inf:isin>US22160N1090</inf:isin><inf:meetingDate>06/26/2025</inf:meetingDate><inf:voteDescription>Proposal for the election of directors: Louise S. Sams</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CoStar Group, Inc.</inf:issuerName><inf:cusip>22160N109</inf:cusip><inf:isin>US22160N1090</inf:isin><inf:meetingDate>06/26/2025</inf:meetingDate><inf:voteDescription>Proposal for the election of directors: Andrew C. Florance</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CoStar Group, Inc.</inf:issuerName><inf:cusip>22160N109</inf:cusip><inf:isin>US22160N1090</inf:isin><inf:meetingDate>06/26/2025</inf:meetingDate><inf:voteDescription>Proposal for the election of directors: John L. Berisford</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CoStar Group, Inc.</inf:issuerName><inf:cusip>22160N109</inf:cusip><inf:isin>US22160N1090</inf:isin><inf:meetingDate>06/26/2025</inf:meetingDate><inf:voteDescription>Proposal for the election of directors: Angelique G. Brunner</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CoStar Group, Inc.</inf:issuerName><inf:cusip>22160N109</inf:cusip><inf:isin>US22160N1090</inf:isin><inf:meetingDate>06/26/2025</inf:meetingDate><inf:voteDescription>Proposal for the election of directors: Rachel C. Glaser</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CoStar Group, Inc.</inf:issuerName><inf:cusip>22160N109</inf:cusip><inf:isin>US22160N1090</inf:isin><inf:meetingDate>06/26/2025</inf:meetingDate><inf:voteDescription>Proposal for the election of directors: John W. Hill</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CoStar Group, Inc.</inf:issuerName><inf:cusip>22160N109</inf:cusip><inf:isin>US22160N1090</inf:isin><inf:meetingDate>06/26/2025</inf:meetingDate><inf:voteDescription>Proposal for the election of directors: Christine M. McCarthy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CoStar Group, Inc.</inf:issuerName><inf:cusip>22160N109</inf:cusip><inf:isin>US22160N1090</inf:isin><inf:meetingDate>06/26/2025</inf:meetingDate><inf:voteDescription>Proposal for the election of directors: Robert W. Musslewhite</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CoStar Group, Inc.</inf:issuerName><inf:cusip>22160N109</inf:cusip><inf:isin>US22160N1090</inf:isin><inf:meetingDate>06/26/2025</inf:meetingDate><inf:voteDescription>Proposal to ratify the appointment of Ernst &amp; Young LLP as the Company's independent registered public accounting firm for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CoStar Group, Inc.</inf:issuerName><inf:cusip>22160N109</inf:cusip><inf:isin>US22160N1090</inf:isin><inf:meetingDate>06/26/2025</inf:meetingDate><inf:voteDescription>Proposal to approve, on an advisory basis, the Company's executive compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CoStar Group, Inc.</inf:issuerName><inf:cusip>22160N109</inf:cusip><inf:isin>US22160N1090</inf:isin><inf:meetingDate>06/26/2025</inf:meetingDate><inf:voteDescription>Proposal to approve the CoStar Group, Inc. 2025 Stock Incentive Plan.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CoStar Group, Inc.</inf:issuerName><inf:cusip>22160N109</inf:cusip><inf:isin>US22160N1090</inf:isin><inf:meetingDate>06/26/2025</inf:meetingDate><inf:voteDescription>Stockholder proposal regarding support for transparency in political spending, if properly presented.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income, with a Final Dividend of JPY 30</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Yamaguchi, Toshikazu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Sugiyama, Yoshikuni</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Ishizawa, Akira</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Fukuda, Hiroyuki</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Sato, Ken</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Kakizoe, Tadao</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Manago, Yasushi</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Katsu, Eijiro</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Komoda, Masanobu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Suwa, Takako</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Appoint Alternate Statutory Auditor Negishi, Toyoaki</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Approve Restricted Stock Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007851</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Mario J. Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Raymond C. Avansino, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Leslie B. Daniels</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Alexis Glick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Douglas R. Jamieson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Agnes Mullady</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Robert S. Prather, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Elisa M. Wilson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Reduce Authorized Class A Common Stock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Reduce Authorized Class B Common Stock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Eliminate Class of Preferred Stock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Ratify Deloitte &amp; Touche LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Elect Director William Cox</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>22</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>22</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Elect Director Anne Schaumburg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>22</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>22</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Elect Director Soonyoung Chang</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>22</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>22</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Elect Director Lars Rodert</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>22</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>22</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Elect Director Michele Coleman Mayes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>22</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>22</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>22</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>22</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Approve Return of Capital Distribution and Approve Reduction in Share Capital</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>22</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>22</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Change Company Name to Brookfield Wealth Solutions Ltd.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>22</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>22</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Amend By-Law Re: Simplification and Enhancement of Capital Structure</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>22</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>22</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Approve Escrowed Stock Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>22</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>22</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Approve Share Issuance Resolution</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>22</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>22</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Reinsurance Ltd.</inf:issuerName><inf:cusip>G16250204</inf:cusip><inf:isin>BMG162502048</inf:isin><inf:meetingDate>07/22/2024</inf:meetingDate><inf:voteDescription>Approve Re-Designation Resolution</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>210</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>210</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Rick Beckwitt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>392</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>392</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Mauro Gregorio</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>392</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>392</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Michael R. Haack</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>392</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>392</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Advisory resolution to approve the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>392</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>392</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Approval of an amendment to our Restated Certificate of Incorporation to allow for officer exculpation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>392</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>392</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>To approve the expected appointment of Ernst &amp; Young LLP as independent auditors for fiscal year 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>392</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>392</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>IG Port, Inc.</inf:issuerName><inf:cusip>J2333C107</inf:cusip><inf:isin>JP3833770005</inf:isin><inf:meetingDate>08/29/2024</inf:meetingDate><inf:voteDescription>Approve Allocation of Income, with a Final Dividend of JPY 60</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>IG Port, Inc.</inf:issuerName><inf:cusip>J2333C107</inf:cusip><inf:isin>JP3833770005</inf:isin><inf:meetingDate>08/29/2024</inf:meetingDate><inf:voteDescription>Elect Director Kunieda, Shingo</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>IG Port, Inc.</inf:issuerName><inf:cusip>J2333C107</inf:cusip><inf:isin>JP3833770005</inf:isin><inf:meetingDate>08/29/2024</inf:meetingDate><inf:voteDescription>Approve Annual Bonus</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Elbit Systems Ltd.</inf:issuerName><inf:cusip>M3760D101</inf:cusip><inf:isin>IL0010811243</inf:isin><inf:meetingDate>09/19/2024</inf:meetingDate><inf:voteDescription>Reelect David Federmann as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Elbit Systems Ltd.</inf:issuerName><inf:cusip>M3760D101</inf:cusip><inf:isin>IL0010811243</inf:isin><inf:meetingDate>09/19/2024</inf:meetingDate><inf:voteDescription>Reelect Ehud (Udi) Adam as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Elbit Systems Ltd.</inf:issuerName><inf:cusip>M3760D101</inf:cusip><inf:isin>IL0010811243</inf:isin><inf:meetingDate>09/19/2024</inf:meetingDate><inf:voteDescription>Reelect Rina Baum as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Elbit Systems Ltd.</inf:issuerName><inf:cusip>M3760D101</inf:cusip><inf:isin>IL0010811243</inf:isin><inf:meetingDate>09/19/2024</inf:meetingDate><inf:voteDescription>Reelect Michael Federmann as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Elbit Systems Ltd.</inf:issuerName><inf:cusip>M3760D101</inf:cusip><inf:isin>IL0010811243</inf:isin><inf:meetingDate>09/19/2024</inf:meetingDate><inf:voteDescription>Reelect Tzipi Livni as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Elbit Systems Ltd.</inf:issuerName><inf:cusip>M3760D101</inf:cusip><inf:isin>IL0010811243</inf:isin><inf:meetingDate>09/19/2024</inf:meetingDate><inf:voteDescription>Reelect Dov Ninveh as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Elbit Systems Ltd.</inf:issuerName><inf:cusip>M3760D101</inf:cusip><inf:isin>IL0010811243</inf:isin><inf:meetingDate>09/19/2024</inf:meetingDate><inf:voteDescription>Reelect Ehood (Udi) Nisan as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Elbit Systems Ltd.</inf:issuerName><inf:cusip>M3760D101</inf:cusip><inf:isin>IL0010811243</inf:isin><inf:meetingDate>09/19/2024</inf:meetingDate><inf:voteDescription>Approve Amended Compensation Policy for the Directors and Officers of the Company</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Elbit Systems Ltd.</inf:issuerName><inf:cusip>M3760D101</inf:cusip><inf:isin>IL0010811243</inf:isin><inf:meetingDate>09/19/2024</inf:meetingDate><inf:voteDescription>Approve Amended Employment Terms of Bezhalel Machlis, Company's President and Chief Executive Officer</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Elbit Systems Ltd.</inf:issuerName><inf:cusip>M3760D101</inf:cusip><inf:isin>IL0010811243</inf:isin><inf:meetingDate>09/19/2024</inf:meetingDate><inf:voteDescription>Reappoint Kost, Forer, Gabbay &amp; Kasierer as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Elbit Systems Ltd.</inf:issuerName><inf:cusip>M3760D101</inf:cusip><inf:isin>IL0010811243</inf:isin><inf:meetingDate>09/19/2024</inf:meetingDate><inf:voteDescription>Vote FOR if you are NOT a controlling shareholder and do NOT have a personal interest in one or several resolutions, as indicated in the proxy card; otherwise, vote AGAINST. If you vote AGAINST, please provide an explanation to your account manager</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:otherVoteDescription>Procedural matter</inf:otherVoteDescription><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Michael A. Daniels</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Lisa S. Disbrow</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Susan M. Gordon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: William L. Jews</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Ryan D. McCarthy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: John S. Mengucci</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Scott C. Morrison</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Philip O. Nolan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Debora A. Plunkett</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Stanton D. Sloane</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Charles L. Szews</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>To approve on a non-binding, advisory basis the compensation of our named executive officers; and</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CACI International Inc</inf:issuerName><inf:cusip>127190304</inf:cusip><inf:isin>US1271903049</inf:isin><inf:meetingDate>10/17/2024</inf:meetingDate><inf:voteDescription>To ratify the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for fiscal year 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ASX Limited</inf:issuerName><inf:cusip>Q0604U105</inf:cusip><inf:isin>AU000000ASX7</inf:isin><inf:meetingDate>10/28/2024</inf:meetingDate><inf:voteDescription>Approve Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ASX Limited</inf:issuerName><inf:cusip>Q0604U105</inf:cusip><inf:isin>AU000000ASX7</inf:isin><inf:meetingDate>10/28/2024</inf:meetingDate><inf:voteDescription>Approve Grant of Performance Rights to Helen Lofthouse</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ASX Limited</inf:issuerName><inf:cusip>Q0604U105</inf:cusip><inf:isin>AU000000ASX7</inf:isin><inf:meetingDate>10/28/2024</inf:meetingDate><inf:voteDescription>Elect Wayne Byres as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ASX Limited</inf:issuerName><inf:cusip>Q0604U105</inf:cusip><inf:isin>AU000000ASX7</inf:isin><inf:meetingDate>10/28/2024</inf:meetingDate><inf:voteDescription>Elect David Clarke as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ASX Limited</inf:issuerName><inf:cusip>Q0604U105</inf:cusip><inf:isin>AU000000ASX7</inf:isin><inf:meetingDate>10/28/2024</inf:meetingDate><inf:voteDescription>Elect Philip Galvin as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>ASX Limited</inf:issuerName><inf:cusip>Q0604U105</inf:cusip><inf:isin>AU000000ASX7</inf:isin><inf:meetingDate>10/28/2024</inf:meetingDate><inf:voteDescription>Elect Robert Caisley as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Barbara J. Duganier (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8634</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8634</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Tyler Glover (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8634</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8634</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Karl F. Kurz (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8634</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8634</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Robert Roosa (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8634</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8634</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Murray Stahl (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8634</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8634</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Marguerite Woung-Chapman (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8634</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8634</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To approve, by non-binding advisory vote, the executive compensation paid to the Company's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8634</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8634</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8634</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8634</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To approve an amendment to the Company's Second Amended and Restated Certificate of Incorporation to give holders of 25% of the Company's common stock the right to request a special meeting of stockholders.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8634</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8634</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding an amendment to the Company's Clawback Policy.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>8634</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>8634</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding stockholders' ability to act by written consent.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>8634</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>8634</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding the renomination of directors.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>8634</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>8634</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>01/27/2025</inf:meetingDate><inf:voteDescription>Approve Arrangement Resolution</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>01/27/2025</inf:meetingDate><inf:voteDescription>Approve Increase in Number of Directors from Twelve to Fourteen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>400</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>Approve Investment Concentration Restriction</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>8400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>8400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>03/14/2025</inf:meetingDate><inf:voteDescription>Ratify Deloitte Touche Tohmatsu Auditores Independentes Ltda. as Independent Firm to Appraise Proposed Transaction</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>03/14/2025</inf:meetingDate><inf:voteDescription>Approve Independent Firm's Appraisals</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>03/14/2025</inf:meetingDate><inf:voteDescription>Approve Agreement to Absorb Neoway Tecnologia Integrada, Assessoria e Negocios S.A. (Neoway) and Neurotech Tecnologia da Informacao S.A. (Neurotech)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>03/14/2025</inf:meetingDate><inf:voteDescription>Approve Absorption of Neoway and Neurotech</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>03/14/2025</inf:meetingDate><inf:voteDescription>Authorize Board to Ratify and Execute Approved Resolutions</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Resonac Holdings Corp.</inf:issuerName><inf:cusip>J75046136</inf:cusip><inf:isin>JP3368000000</inf:isin><inf:meetingDate>03/26/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income, with a Final Dividend of JPY 65</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Resonac Holdings Corp.</inf:issuerName><inf:cusip>J75046136</inf:cusip><inf:isin>JP3368000000</inf:isin><inf:meetingDate>03/26/2025</inf:meetingDate><inf:voteDescription>Amend Articles to Allow Virtual Only Shareholder Meetings - Remove All Provisions on Advisory Positions</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Resonac Holdings Corp.</inf:issuerName><inf:cusip>J75046136</inf:cusip><inf:isin>JP3368000000</inf:isin><inf:meetingDate>03/26/2025</inf:meetingDate><inf:voteDescription>Elect Director Takahashi, Hidehito</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Resonac Holdings Corp.</inf:issuerName><inf:cusip>J75046136</inf:cusip><inf:isin>JP3368000000</inf:isin><inf:meetingDate>03/26/2025</inf:meetingDate><inf:voteDescription>Elect Director Morikawa, Kohei</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Resonac Holdings Corp.</inf:issuerName><inf:cusip>J75046136</inf:cusip><inf:isin>JP3368000000</inf:isin><inf:meetingDate>03/26/2025</inf:meetingDate><inf:voteDescription>Elect Director Somemiya, Hideki</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Resonac Holdings Corp.</inf:issuerName><inf:cusip>J75046136</inf:cusip><inf:isin>JP3368000000</inf:isin><inf:meetingDate>03/26/2025</inf:meetingDate><inf:voteDescription>Elect Director Maoka, Tomomitsu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Resonac Holdings Corp.</inf:issuerName><inf:cusip>J75046136</inf:cusip><inf:isin>JP3368000000</inf:isin><inf:meetingDate>03/26/2025</inf:meetingDate><inf:voteDescription>Elect Director Imai, Nori</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Resonac Holdings Corp.</inf:issuerName><inf:cusip>J75046136</inf:cusip><inf:isin>JP3368000000</inf:isin><inf:meetingDate>03/26/2025</inf:meetingDate><inf:voteDescription>Elect Director Tsuneishi, Tetsuo</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Resonac Holdings Corp.</inf:issuerName><inf:cusip>J75046136</inf:cusip><inf:isin>JP3368000000</inf:isin><inf:meetingDate>03/26/2025</inf:meetingDate><inf:voteDescription>Elect Director Yasukawa, Kenji</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Resonac Holdings Corp.</inf:issuerName><inf:cusip>J75046136</inf:cusip><inf:isin>JP3368000000</inf:isin><inf:meetingDate>03/26/2025</inf:meetingDate><inf:voteDescription>Elect Director Onishi, Masaru</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Resonac Holdings Corp.</inf:issuerName><inf:cusip>J75046136</inf:cusip><inf:isin>JP3368000000</inf:isin><inf:meetingDate>03/26/2025</inf:meetingDate><inf:voteDescription>Elect Director Sakakibara, Izumi</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Resonac Holdings Corp.</inf:issuerName><inf:cusip>J75046136</inf:cusip><inf:isin>JP3368000000</inf:isin><inf:meetingDate>03/26/2025</inf:meetingDate><inf:voteDescription>Approve Compensation Ceiling for Directors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Resonac Holdings Corp.</inf:issuerName><inf:cusip>J75046136</inf:cusip><inf:isin>JP3368000000</inf:isin><inf:meetingDate>03/26/2025</inf:meetingDate><inf:voteDescription>Approve Two Types of Trust-Type Equity Compensation Plans</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Christopher D. Hodgson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Sharmila Karve</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Jason Kenney</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Sumit Maheshwari</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director R. William McFarland</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Satish Rai</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Chandran Ratnaswami</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Gopalakrishnan Soundarajan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Lauren C. Templeton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Benjamin P. Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director V. Prem Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Ratify PricewaterhouseCoopers LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>60000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>60000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Robert J. Gunn</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director David L. Johnston</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Karen L. Jurjevich</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Christine A. Magee</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director R. William McFarland</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Christine N. McLean</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Brian J. Porter</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Timothy R. Price</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Lauren C. Templeton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Benjamin P. Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director V. Prem Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director William C. Weldon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Ratify PricewaterhouseCoopers LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Financed Emissions Disclosure</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>ENVIRONMENT OR CLIMATE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Margaret A. McKenzie</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Anna M. Alderson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Anuroop S. Duggal</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director P. Jane Gavan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Glenn A. McNamara</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Andrew M. Phillips</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Sheldon B. Steeves</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Approve KPMG LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three Class III directors to the Company's Board of Directors to serve until the 2028 annual meeting or until their successors are duly elected and qualified: Peter A. Dea</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three Class III directors to the Company's Board of Directors to serve until the 2028 annual meeting or until their successors are duly elected and qualified: William F. Kimble</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three Class III directors to the Company's Board of Directors to serve until the 2028 annual meeting or until their successors are duly elected and qualified: James R. McDonald</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Advisory vote to approve the compensation of the Company's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Ratification of appointment of the Company's independent registered public accounting firm.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Advisory vote to determine the frequency of future advisory votes to approve the compensation of the Company's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>ONE YEAR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Approve an amendment to the Company's certificate of incorporation to declassify the board of directors.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Approve an amendment to the Company's certificate of incorporation to remove the 66 2/3% supermajority vote requirements to amend, alter, or repeal the Company's certificate of incorporation and bylaws and to remove directors from office.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Approve an amendment to the Company's certificate of incorporation to limit the liability of certain officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Approve an amendment to the Company's certificate of incorporation to delete the waiver of Section 203 of the Delaware General Corporation Law.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Approve miscellaneous amendments to clarify and update the Company's certificate of incorporation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Micky Arison as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Sir Jonathon Band as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Jason Glen Cahilly as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To elect Nelda J. Connors as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Helen Deeble as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Jeffrey J. Gearhart as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Katie Lahey as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Stuart Subotnick as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Laura Weil as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Josh Weinstein as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To re-elect Randy Weisenburger as a Director of Carnival Corporation and as a Director of Carnival plc.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To hold a (non-binding) advisory vote to approve executive compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To hold a (non-binding) advisory vote to approve the Carnival plc Directors' Remuneration Report (other than the section Containing the Carnival plc Directors' Renumeration Policy, as set out in the annual report for the year ended November 30, 2024)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To approve the Carnival plc Directors' Remuneration Policy set out in Section 3 of Part II of the Carnival plc Directors' Remuneration Report (in accordance with legal requirements applicable to UK companies).</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To appoint Deloitte LLP as independent auditor of Carnival plc and to ratify the selection of Deloitte &amp; Touche LLP as the independent registered public accounting firm of Carnival Corporation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To authorize the Audit Committee of Carnival plc to determine the remuneration of the independent auditor of Carnival plc (in accordance with legal requirements applicable to UK companies).</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To receive the accounts and reports of the Directors and auditor of Carnival plc for the year ended November 30, 2024 (in accordance with legal requirements applicable to UK companies).</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To approve the giving of authority for the allotment of new shares by Carnival plc (in accordance with customary practice for UK companies).</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To approve, subject to Proposal 18 passing, the disapplication of pre-emption rights in relation to the allotment of new shares and sale of treasury shares by Carnival plc (in accordance with customary practice for UK companies).</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Carnival Corporation</inf:issuerName><inf:cusip>143658300</inf:cusip><inf:isin>PA1436583006</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>To approve the amendment to the Carnival Corporation 1993 Employee Stock Purchase Plan.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>EQT Corporation</inf:issuerName><inf:cusip>26884L109</inf:cusip><inf:isin>US26884L1098</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>Election of 10 Directors: Vicky A. Bailey</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>EQT Corporation</inf:issuerName><inf:cusip>26884L109</inf:cusip><inf:isin>US26884L1098</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>Election of 10 Directors: Lee M. Canaan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>EQT Corporation</inf:issuerName><inf:cusip>26884L109</inf:cusip><inf:isin>US26884L1098</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>Election of 10 Directors: Frank C. Hu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>EQT Corporation</inf:issuerName><inf:cusip>26884L109</inf:cusip><inf:isin>US26884L1098</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>Election of 10 Directors: Dr. Kathryn J. Jackson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>EQT Corporation</inf:issuerName><inf:cusip>26884L109</inf:cusip><inf:isin>US26884L1098</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>Election of 10 Directors: Thomas F. Karam</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>EQT Corporation</inf:issuerName><inf:cusip>26884L109</inf:cusip><inf:isin>US26884L1098</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>Election of 10 Directors: John F. McCartney</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>EQT Corporation</inf:issuerName><inf:cusip>26884L109</inf:cusip><inf:isin>US26884L1098</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>Election of 10 Directors: Daniel J. Rice IV</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>EQT Corporation</inf:issuerName><inf:cusip>26884L109</inf:cusip><inf:isin>US26884L1098</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>Election of 10 Directors: Toby Z. Rice</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>EQT Corporation</inf:issuerName><inf:cusip>26884L109</inf:cusip><inf:isin>US26884L1098</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>Election of 10 Directors: Robert F. Vagt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>EQT Corporation</inf:issuerName><inf:cusip>26884L109</inf:cusip><inf:isin>US26884L1098</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>Election of 10 Directors: Hallie A. Vanderhider</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>EQT Corporation</inf:issuerName><inf:cusip>26884L109</inf:cusip><inf:isin>US26884L1098</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>Approval of a non-binding resolution to approve the 2024 compensation of the EQT Corporation's named executive officers (say-on-pay)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>EQT Corporation</inf:issuerName><inf:cusip>26884L109</inf:cusip><inf:isin>US26884L1098</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>Approval of an amendment to the EQT Corporation's Bylaws to reflect Pennsylvania law provisions regarding officer exculpation</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>EQT Corporation</inf:issuerName><inf:cusip>26884L109</inf:cusip><inf:isin>US26884L1098</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>Approval of the EQT Corporation 2025 Employee Stock Purchase Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>EQT Corporation</inf:issuerName><inf:cusip>26884L109</inf:cusip><inf:isin>US26884L1098</inf:isin><inf:meetingDate>04/16/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of Ernst &amp; Young LLP as EQT Corporation's independent registered public accounting firm for 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Rick L. Burdick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>40</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>40</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Claire Bennett</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>40</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>40</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: David B. Edelson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>40</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>40</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Robert R. Grusky</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>40</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>40</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Norman K. Jenkins</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>40</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>40</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Lisa Lutoff-Perlo</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>40</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>40</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Michael Manley</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>40</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>40</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: G. Mike Mikan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>40</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>40</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jacqueline A. Travisano</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>40</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>40</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Ratification of the selection of KPMG LLP as the Company's independent registered public accounting firm for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>40</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>40</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Advisory vote to approve named executive officer compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>40</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>40</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Adoption of stockholder proposal regarding political contributions.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>40</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>40</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>AutoNation, Inc.</inf:issuerName><inf:cusip>05329W102</inf:cusip><inf:isin>US05329W1027</inf:isin><inf:meetingDate>04/23/2025</inf:meetingDate><inf:voteDescription>Adoption of stockholder proposal regarding diversity, equity, and inclusion efforts.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIVERSITY, EQUITY, AND INCLUSION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>40</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>40</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2024</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income and Dividends</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Fix Number of Directors at 11</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law?</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>ABSTAIN</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Elect Directors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>In Case There is Any Change to the Board Slate Composition, May Your Votes Still be Counted for the Proposed Slate?</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below?</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Percentage of Votes to Be Assigned - Elect Andre Guilherme Cazzaniga Maciel as Independent Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Percentage of Votes to Be Assigned - Elect Caio Ibrahim David as Independent Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Percentage of Votes to Be Assigned - Elect Claudia de Souza Ferris as Independent Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Percentage of Votes to Be Assigned - Elect Claudia Farkouh Prado as Independent Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Percentage of Votes to Be Assigned - Elect Claudia Politanski as Independent Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Percentage of Votes to Be Assigned - Elect Cristina Anne Betts as Independent Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Percentage of Votes to Be Assigned - Elect Florian Bartunek as Independent Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Percentage of Votes to Be Assigned - Elect Jose de Menezes Berenguer Neto as Independent Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Percentage of Votes to Be Assigned - Elect Mauricio Machado de Minas as Independent Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Percentage of Votes to Be Assigned - Elect Pedro Paulo Giubbina Lorenzini as Independent Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Percentage of Votes to Be Assigned - Elect Rachel Ribeiro Horta as Independent Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration of Company's Management</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Elect Fiscal Council Members</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>In Case One of the Nominees Leaves the Fiscal Council Slate Due to a Separate Minority Election, as Allowed Under Articles 161 and 240 of the Brazilian Corporate Law, May Your Votes Still Be Counted for the Proposed Slate?</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration of Fiscal Council Members</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Do You Wish to Request Installation of a Fiscal Council, Under the Terms of Article 161 of the Brazilian Corporate Law?</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Amend Article 3 Re: Corporate Purpose</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Amend Articles 5 and 8</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Amend Article 16</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Amend Articles 29 and 30</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Amend Article 37</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Amend Article 54</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Amend Articles 45 and 53</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Amend Article 57</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Amend Article 77</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Amend Articles</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Consolidate Bylaws</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>B3 SA-Brasil, Bolsa, Balcao</inf:issuerName><inf:cusip>P1909G107</inf:cusip><inf:isin>BRB3SAACNOR6</inf:isin><inf:meetingDate>04/24/2025</inf:meetingDate><inf:voteDescription>Amend Restricted Stock Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>30000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Approve Final Dividend</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Elect Lin Xianghong as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Elect Hung Yeuk Yan Renee as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Elect Li Qian as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Elect Wong Poh Weng as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Elect Lee Wai Wang Robert as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Authorize Board to Fix Remuneration of Directors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Approve PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>10000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Authorize Repurchase of Issued Share Capital</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Authorize Reissuance of Repurchased Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>10000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Value Partners Group Limited</inf:issuerName><inf:cusip>G93175100</inf:cusip><inf:isin>KYG931751005</inf:isin><inf:meetingDate>04/29/2025</inf:meetingDate><inf:voteDescription>Approve Amended and Restated Memorandum of Association and Articles of Association</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>10000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>10000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Approve Final Dividend</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Laurence Hollingworth as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Andi Case as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Jeff Woyda as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Martine Bond as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Elect Constantin Cotzias as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Sue Harris as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Tim Miller as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Re-elect Heike Truol as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Reappoint PricewaterhouseCoopers LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Board to Fix Remuneration of Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Issue of Equity</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise UK Political Donations and Expenditure</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Issue of Equity without Pre-emptive Rights</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise Market Purchase of Ordinary Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Clarkson Plc</inf:issuerName><inf:cusip>G21840106</inf:cusip><inf:isin>GB0002018363</inf:isin><inf:meetingDate>05/01/2025</inf:meetingDate><inf:voteDescription>Authorise the Company to Call General Meeting with Two Weeks' Notice</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>9000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>9000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Barry Blattman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>396</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Angela F. Braly</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>396</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Marcel R. Coutu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>396</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Scott Cutler</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>396</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Bruce Flatt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>396</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Olivia (Liv) Garfield</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>396</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Nili Gilbert</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>396</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Keith Johnson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>396</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Brian W. Kingston</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>396</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Cyrus Madon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>396</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director Diana Noble</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>396</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Elect Director William Powell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>396</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>396</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Asset Management Ltd.</inf:issuerName><inf:cusip>113004105</inf:cusip><inf:isin>CA1130041058</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4</inf:sharesVoted><inf:sharesOnLoan>396</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Robert G. Elton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jim Kessler</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Brian Bales</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Adam DeWitt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Gregory B. Morrison</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Timothy O'Day</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Sarah Raiss</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Michael Sieger</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Debbie Stein</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Carol M. Stephenson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Appointment of Ernst &amp; Young LLP as auditors of the Company until the next Annual Meeting of the Company and authorizing the Audit Committee to fix their remuneration.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Approval, on an advisory basis, of a non-binding resolution on the compensation of the Company's named executive officers as described in the accompanying proxy statement.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>RB Global, Inc.</inf:issuerName><inf:cusip>74935Q107</inf:cusip><inf:isin>CA74935Q1072</inf:isin><inf:meetingDate>05/05/2025</inf:meetingDate><inf:voteDescription>Approval of an ordinary resolution ratifying, confirming and approving the Company's Second Amended and Restated Shareholder Rights Plan Agreement, dated as of February 24, 2025, between the Company and Computershare Investor Services Inc., the full text of which resolution is set out in the accompanying proxy statement.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: William M. Farrow, III</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Fredric J. Tomczyk</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Edward J. Fitzpatrick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Ivan K. Fong</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Janet P. Froetscher</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jill R. Goodman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Erin A. Mansfield</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Cecilia H. Mao</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Alexander J. Matturri, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jennifer J. McPeek</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Roderick A. Palmore</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: James E. Parisi</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Approve, in a non-binding resolution, the compensation paid to our executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Ratify the appointment of KPMG LLP as our independent registered public accounting firm for the 2025 fiscal year.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Approve the Third Amended and Restated Cboe Global Markets, Inc. Long-Term Incentive Plan to, among other things, increase share reserve by 3,000,000 shares and extend the term of the plan.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Cboe Global Markets, Inc.</inf:issuerName><inf:cusip>12503M108</inf:cusip><inf:isin>US12503M1080</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Stockholder proposal regarding political spending.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER SOCIAL ISSUES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Elect Chair of Meeting</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Agenda of Meeting</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Acknowledge Proper Convening of Meeting</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Katarina Berg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Gunnar Brock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Christian Cederholm</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Johan Forssell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Magdalena Gerger</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Tom Johnstone, CBE</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Isabelle Kocher</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Sven Nyman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Mats Rahmstrom</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Grace Reksten Skaugen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Hans Straberg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Jacob Wallenberg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Marcus Wallenberg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Sara Ohrvall</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income and Dividends of SEK 5.20 Per Share</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Determine Number of Members (13) and Deputy Members (0) of Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Determine Number of Auditors (1) and Deputy Auditors (0)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration of Directors in the Amount of SEK 3.5 Million for Chair, SEK 2.04 Million for Vice Chair and SEK 1.025 Million for Other Directors; Approve Remuneration for Committee Work</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration of Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Katarina Berg as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Christian Cederholm as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Magdalena Gerger as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Tom Johnstone, CBE as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Isabelle Kocher as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Sven Nyman as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Mats Rahmstrom as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Grace Reksten Skaugen as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Hans Straberg as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Jacob Wallenberg as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Marcus Wallenberg as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Sara Ohrvall as Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Elect Fred Wallenberg as New Director</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Reelect Jacob Wallenberg as Board Chair</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Ratify Deloitte AB as Auditor</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Performance Share Matching Plan (LTVR) for Employees within Investor</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Performance Share Matching Plan (LTVR) for Employees within Patricia Industries</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Authorize Share Repurchase Program and Reissuance of Repurchased Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Investor AB</inf:issuerName><inf:cusip>W5R777115</inf:cusip><inf:isin>SE0015811963</inf:isin><inf:meetingDate>05/07/2025</inf:meetingDate><inf:voteDescription>Approve Equity Plan (LTVR) Financing Through Transfer of Shares to Participants</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>0</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>0</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Terrence A. Duffy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Kathryn Benesh</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Timothy S. Bitsberger</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Charles P. Carey</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Bryan T. Durkin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Harold Ford Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Martin J. Gepsman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Daniel G. Kaye</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Phyllis M. Lockett</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Deborah J. Lucas</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Rahael Seifu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: William R. Shepard</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Howard J. Siegel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Election of Equity Directors: Dennis A. Suskind</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of Ernst &amp; Young LLP as our independent registered public accounting firm for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CME Group Inc.</inf:issuerName><inf:cusip>12572Q105</inf:cusip><inf:isin>US12572Q1058</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Advisory vote on the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director David Harquail</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Paul Brink</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Tom Albanese</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Hugo Dryland</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Derek W. Evans</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Catharine Farrow</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Maureen Jensen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Jennifer Maki</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Daniel Malchuk</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Elect Director Jacques Perron</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Franco-Nevada Corporation</inf:issuerName><inf:cusip>351858105</inf:cusip><inf:isin>CA3518581051</inf:isin><inf:meetingDate>05/08/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Redomicile and Reorganization Resolution Approval by special resolution of the reorganization and domestication of the Company, as set out in Appendix "1" of the accompanying management information circular (the "Circular") and as more particularly described therein.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>28707</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>28707</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Share Issuance Resolution Approval by ordinary resolution of the issuance of up to 500 million Class B Common Stock of the post-reorganization and domestication entity to the current holders of Class B limited partnership units of Galaxy Digital Holdings LP, as set out in Appendix "1" of the Circular and as more particularly described therein.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>28707</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>28707</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Adjourment Resolution Approval by ordinary resolution of the adjournment of the Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that it is determined by the Company that more time is necessary or appropriate such that one or more resolutions at the Meeting be approved and adopted in all respects, as set out in Appendix "1" of the Circular.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>28707</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>28707</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Declaration of Non-U.S. Status For the purpose of determining the aggregate number of votes that U.S. holders are entitled to cast, the undersigned certifies that: i) is not a U.S. resident; and</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:otherVoteDescription>Procedural matter</inf:otherVoteDescription><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>28707</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>28707</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>ii) to the extent that it holds shares of the Company for the account or benefit of any other person, such person is not a U.S. resident.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:otherVoteDescription>Procedural matter</inf:otherVoteDescription><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>28707</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>28707</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director George L. Brack</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>20000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>20000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Jaimie Donovan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>20000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>20000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Chantal Gosselin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>20000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>20000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Jeane Hull</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>20000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>20000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Glenn Ives</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>20000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>20000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Charles A. Jeannes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>20000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>20000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Marilyn Schonberner</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>20000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>20000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Randy V.J. Smallwood</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>20000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>20000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Srinivasan Venkatakrishnan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>20000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>20000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>20000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>20000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Wheaton Precious Metals Corp.</inf:issuerName><inf:cusip>962879102</inf:cusip><inf:isin>CA9628791027</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>20000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>20000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Thomas B. Fargo</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>164200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>164200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Celeste A. Connors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>164200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>164200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Elisia K. Flores</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>164200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>164200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Peggy Y. Fowler</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>164200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>164200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Micah A. Kane</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>164200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>164200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: William James Scilacci, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>164200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>164200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Scott W. H. Seu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>164200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>164200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Advisory vote to approve the compensation of HEI's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>164200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>164200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Approval of Amended and Restated Articles of Incorporation to Increase the Number of Authorized Shares of Common Stock.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>164200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>164200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of Deloitte &amp; Touche LLP as HEI's independent registered public accountant for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>164200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>164200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three directors: Richard A. Navarre</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three directors: Martin A. Lambert</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three directors: Constance B. Moore</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>We are asking that you approve, on a non-binding advisory basis, the compensation of our named executive officers as disclosed in the proxy statement, commonly referred to as a "Say-on-Pay" proposal.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Appointment of Ernst &amp; Young LLP as Auditors of Civeo Corporation for the ensuing year and authorization of the directors of Civeo Corporation, acting through the Audit Committee, to determine their remuneration.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income and Dividends of EUR 4.00 per Share</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Management Board for Fiscal Year 2024</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Supervisory Board for Fiscal Year 2024</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Amend Articles Re: Electronic Securities</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approve Creation of EUR 18.8 Million Pool of Authorized Capital with or without Exclusion of Preemptive Rights</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Elect Jean Mustier to the Supervisory Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approve Virtual-Only Shareholder Meetings Until 2027</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Policy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Ratify PricewaterhouseCoopers GmbH as Auditors for Fiscal Year 2025 and for the Review of Interim Financial Statements for the First Half of Fiscal Year 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Deutsche Boerse AG</inf:issuerName><inf:cusip>D1882G119</inf:cusip><inf:isin>DE0005810055</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Ratify PricewaterhouseCoopers GmbH as Authorized Sustainability Auditors for Fiscal Year 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Lisa Davis</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Wolfgang Durheimer</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Michael Eisenson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: David Hoogendoorn</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Yosuke Kawakami</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Robert Kurnick, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Kimberly McWaters</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Greg Penske</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Roger Penske</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Sandra Pierce</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Ray Scott</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Greg Smith</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: H. Brian Thompson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Ratification of the selection of Deloitte &amp; Touche LLP as the Company's independent auditing firm for the year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Penske Automotive Group, Inc.</inf:issuerName><inf:cusip>70959W103</inf:cusip><inf:isin>US70959W1036</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approval, by non-binding vote, of named executive officer compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>30</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>30</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Adopt Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Approve Dividends</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Management Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Supervisory Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Reelect Piero Novelli to Supervisory Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Reelect Olivier Sichel to Supervisory Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Elect Francesca Scaglia to Supervisory Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Reelect Delphine d'Amarzit to Management Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Elect Rene van Vlerken to Management Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Amend Remuneration Policy for Management Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Amend Remuneration Policy for Supervisory Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Ratify KPMG Accountants N.V. as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Approve Cancellation of Repurchased Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Grant Board Authority to Issue Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Authorize Board to Exclude Preemptive Rights from Share Issuances</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Authorize Repurchase of Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Euronext NV</inf:issuerName><inf:cusip>N3113K397</inf:cusip><inf:isin>NL0006294274</inf:isin><inf:meetingDate>05/15/2025</inf:meetingDate><inf:voteDescription>Authorize Board to Grant Rights to French Beneficiaries to Receive Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1120</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1120</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Hon. Sharon Y. Bowen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Shantella E. Cooper</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Duriya M. Farooqui</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: The Rt. Hon. the Lord Hague of Richmond</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Mark F. Mulhern</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Thomas E. Noonan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Caroline L. Silver</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jeffrey C. Sprecher</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Judith A. Sprieser</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Martha A. Tirinnanzi</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>To approve, by non-binding vote, the advisory resolution on executive compensation for named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>To approve the adoption of amendments to our current Certificate of Incorporation to adopt voting limitations for regulatory compliance.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Intercontinental Exchange, Inc.</inf:issuerName><inf:cusip>45866F104</inf:cusip><inf:isin>US45866F1049</inf:isin><inf:meetingDate>05/16/2025</inf:meetingDate><inf:voteDescription>To ratify the appointment of Ernst &amp; Young LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Amanda M. Brock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>5600</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jacinto J. Hernandez</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>5600</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: W. Howard Keenan, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>5600</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Ratify the appointment of BDO USA, P.C. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Core Laboratories Inc.</inf:issuerName><inf:cusip>21867A105</inf:cusip><inf:isin>US21867A1051</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>To elect one new Class II Director and re-elect two current Class II Directors to serve under the terms and conditions described within the proxy statement until our annual meeting in 2028 and until their successors shall have been duly elected and qualified: Martha Z. Carnes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Core Laboratories Inc.</inf:issuerName><inf:cusip>21867A105</inf:cusip><inf:isin>US21867A1051</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>To elect one new Class II Director and re-elect two current Class II Directors to serve under the terms and conditions described within the proxy statement until our annual meeting in 2028 and until their successors shall have been duly elected and qualified: Katherine Murray</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Core Laboratories Inc.</inf:issuerName><inf:cusip>21867A105</inf:cusip><inf:isin>US21867A1051</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>To elect one new Class II Director and re-elect two current Class II Directors to serve under the terms and conditions described within the proxy statement until our annual meeting in 2028 and until their successors shall have been duly elected and qualified: Rob Martinovich</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Core Laboratories Inc.</inf:issuerName><inf:cusip>21867A105</inf:cusip><inf:isin>US21867A1051</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>To ratify the appointment of KPMG LLP as the Company's independent registered public accountants for the year ending December 31, 2025; and</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Core Laboratories Inc.</inf:issuerName><inf:cusip>21867A105</inf:cusip><inf:isin>US21867A1051</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>To approve, on an advisory basis, the compensation philosophy, policies and procedures described in the section entitled Compensation Discussion and Analysis ("CD&amp;A"), and the compensation of the Company's named executive officers as disclosed pursuant to the U.S. Securities and Exchange Commission's compensation disclosure rules, including the compensation tables.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors to a term ending in 2028: Reid T. Campbell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1298</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1298</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors to a term ending in 2028: Peter M. Carlson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1298</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1298</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors to a term ending in 2028: Suzanne F. Shank</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1298</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1298</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Approval of the advisory resolution on executive compensation</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1298</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1298</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Approval of the Company's amended and restated long-term incentive plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1298</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1298</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Approval of the appointment of PricewaterhouseCoopers LLP ("PwC") as the Company's Independent Registered Public Accounting Firm for 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1298</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1298</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: John F. Brock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Richard D. Fain</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Stephen R. Howe, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Michael O. Leavitt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jason T. Liberty</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Amy McPherson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Maritza G. Montiel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Ann S. Moore</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Eyal M. Ofer</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Vagn O. Sorensen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Donald Thompson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Arne Alexander Wilhelmsen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Rebecca Yeung</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Advisory approval of the Company's compensation of its named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Royal Caribbean Cruises Ltd.</inf:issuerName><inf:cusip>V7780T103</inf:cusip><inf:isin>LR0008862868</inf:isin><inf:meetingDate>05/28/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sandstorm Gold Ltd.</inf:issuerName><inf:cusip>80013R206</inf:cusip><inf:isin>CA80013R2063</inf:isin><inf:meetingDate>05/30/2025</inf:meetingDate><inf:voteDescription>Fix Number of Directors at Eight</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>90000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>90000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sandstorm Gold Ltd.</inf:issuerName><inf:cusip>80013R206</inf:cusip><inf:isin>CA80013R2063</inf:isin><inf:meetingDate>05/30/2025</inf:meetingDate><inf:voteDescription>Elect Director Nolan Watson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>90000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>90000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sandstorm Gold Ltd.</inf:issuerName><inf:cusip>80013R206</inf:cusip><inf:isin>CA80013R2063</inf:isin><inf:meetingDate>05/30/2025</inf:meetingDate><inf:voteDescription>Elect Director David Awram</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>90000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>90000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sandstorm Gold Ltd.</inf:issuerName><inf:cusip>80013R206</inf:cusip><inf:isin>CA80013R2063</inf:isin><inf:meetingDate>05/30/2025</inf:meetingDate><inf:voteDescription>Elect Director David E. De Witt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>90000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>90000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sandstorm Gold Ltd.</inf:issuerName><inf:cusip>80013R206</inf:cusip><inf:isin>CA80013R2063</inf:isin><inf:meetingDate>05/30/2025</inf:meetingDate><inf:voteDescription>Elect Director Andrew T. Swarthout</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>90000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>90000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sandstorm Gold Ltd.</inf:issuerName><inf:cusip>80013R206</inf:cusip><inf:isin>CA80013R2063</inf:isin><inf:meetingDate>05/30/2025</inf:meetingDate><inf:voteDescription>Elect Director John P.A. Budreski</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>90000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>90000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sandstorm Gold Ltd.</inf:issuerName><inf:cusip>80013R206</inf:cusip><inf:isin>CA80013R2063</inf:isin><inf:meetingDate>05/30/2025</inf:meetingDate><inf:voteDescription>Elect Director Mary L. Little</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>90000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>90000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sandstorm Gold Ltd.</inf:issuerName><inf:cusip>80013R206</inf:cusip><inf:isin>CA80013R2063</inf:isin><inf:meetingDate>05/30/2025</inf:meetingDate><inf:voteDescription>Elect Director Vera Kobalia</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>90000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>90000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sandstorm Gold Ltd.</inf:issuerName><inf:cusip>80013R206</inf:cusip><inf:isin>CA80013R2063</inf:isin><inf:meetingDate>05/30/2025</inf:meetingDate><inf:voteDescription>Elect Director Elif Levesque</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>90000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>90000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sandstorm Gold Ltd.</inf:issuerName><inf:cusip>80013R206</inf:cusip><inf:isin>CA80013R2063</inf:isin><inf:meetingDate>05/30/2025</inf:meetingDate><inf:voteDescription>Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>90000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>90000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sandstorm Gold Ltd.</inf:issuerName><inf:cusip>80013R206</inf:cusip><inf:isin>CA80013R2063</inf:isin><inf:meetingDate>05/30/2025</inf:meetingDate><inf:voteDescription>Amend Stock Option Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>90000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>90000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sandstorm Gold Ltd.</inf:issuerName><inf:cusip>80013R206</inf:cusip><inf:isin>CA80013R2063</inf:isin><inf:meetingDate>05/30/2025</inf:meetingDate><inf:voteDescription>Re-approve Stock Option Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>90000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>90000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sandstorm Gold Ltd.</inf:issuerName><inf:cusip>80013R206</inf:cusip><inf:isin>CA80013R2063</inf:isin><inf:meetingDate>05/30/2025</inf:meetingDate><inf:voteDescription>Re-approve Restricted Share Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>90000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>90000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sandstorm Gold Ltd.</inf:issuerName><inf:cusip>80013R206</inf:cusip><inf:isin>CA80013R2063</inf:isin><inf:meetingDate>05/30/2025</inf:meetingDate><inf:voteDescription>Approve Performance Share Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>90000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>90000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Sandstorm Gold Ltd.</inf:issuerName><inf:cusip>80013R206</inf:cusip><inf:isin>CA80013R2063</inf:isin><inf:meetingDate>05/30/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>90000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>90000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Mario J. Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Marc Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Douglas R. Jamieson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Daniel R. Lee</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Bruce M. Lisman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Richard T. Prins</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Frederic V. Salerno</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Salvatore F. Sodano</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Elisa M. Wilson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Ratification of Appointment of Independent Registered Public Accountants</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>13300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>13300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Mario J. Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Raymond C. Avansino, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Leslie B. Daniels</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Alexis Glick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Douglas R. Jamieson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Agnes Mullady</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Robert S. Prather, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Elisa M. Wilson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Ratify Deloitte &amp; Touche LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>26010</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>26010</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Approve Increase in Size of Board from Fourteen to Sixteen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director M. Elyse Allan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Janice Fukakusa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Maureen Kempston Darkes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Frank J. McKenna</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Hutham S. Olayan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Satish C. Rai</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Diana L. Taylor</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Justin B. Beber</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Disclose Net Zero Target Achievement Via Transition Strategy Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>ENVIRONMENT OR CLIMATE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>4000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>4000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Wealth Solutions Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Elect Director William Cox</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Wealth Solutions Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Anne Schaumburg</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Wealth Solutions Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Soonyoung Chang</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Wealth Solutions Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Lars Rodert</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Wealth Solutions Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Michele Coleman Mayes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Wealth Solutions Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Wealth Solutions Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Approve Reduction in Stated Capital</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Wealth Solutions Ltd.</inf:issuerName><inf:cusip>G17434104</inf:cusip><inf:isin>BMG174341047</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Approve Share Issuance Resolution</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>232</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>232</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: David N. Capobianco</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>32200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Jason Long</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>32200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Matthew K. Morrow</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>32200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Michael S. Sulton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>32200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Frank Bayouth</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>32200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Kara Goodloe Harling</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>32200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Ben Moore</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>32200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Charles Watson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>32200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Ty Daul</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>32200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Valerie P. Chase</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>32200</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Andrea Nicolas</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>32200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as the independent registered public accounting firm of LandBridge for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>32200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>32200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Acknowledge Proper Convening of Meeting</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Accept Consolidated Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>5500</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Approve Statutory Accounts</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>5500</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Approve Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>5500</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Authorize Share Repurchase Program and Cancellation of Repurchased Shares</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>5500</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Approve Cancellation of 400 Shares Repurchased by the Company</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration of Directors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>5500</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Implement a Profit Sharing Scheme for the Chairman for the FY ending 31 December 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>5500</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Reelect Directors for a Period of 2 Years</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>5500</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Siem Industries SA</inf:issuerName><inf:cusip>G81226105</inf:cusip><inf:isin>KYG812261058</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>Approve Discharge of Management Board</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>5500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>5500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Thomas S. Caldwell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>64300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>64300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Beth Colle</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>64300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>64300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director George D. Elliott</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>64300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>64300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Michael B. C. Gundy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>64300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>64300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Charles A. V. Pennock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>64300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>64300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>64300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>64300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Accept Financial Statements and Statutory Reports</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>256000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>256000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income and Dividends</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>256000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>256000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Management of Company and Grant Discharge to Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>256000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>256000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Director Remuneration for 2024</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>256000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>256000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Pre-approve Director Remuneration for 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>256000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>256000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Auditors and Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>256000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>256000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Remuneration Report</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>256000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>256000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approve Remuneration Policy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>256000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>256000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hellenic Exchanges-Athens Stock Exchange SA</inf:issuerName><inf:cusip>X3247C104</inf:cusip><inf:isin>GRS395363005</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Authorize Board to Participate in Companies with Similar Business Interests</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>256000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>256000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Norwegian Cruise Line Holdings Ltd.</inf:issuerName><inf:cusip>G66721104</inf:cusip><inf:isin>BMG667211046</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Election of Class III Directors: Jose E. Cil</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Norwegian Cruise Line Holdings Ltd.</inf:issuerName><inf:cusip>G66721104</inf:cusip><inf:isin>BMG667211046</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Election of Class III Directors: Harry C. Curtis</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Norwegian Cruise Line Holdings Ltd.</inf:issuerName><inf:cusip>G66721104</inf:cusip><inf:isin>BMG667211046</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Election of Class III Directors: Harry Sommer</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Norwegian Cruise Line Holdings Ltd.</inf:issuerName><inf:cusip>G66721104</inf:cusip><inf:isin>BMG667211046</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approval, on a non-binding, advisory basis, of the compensation of our named executive officers</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Norwegian Cruise Line Holdings Ltd.</inf:issuerName><inf:cusip>G66721104</inf:cusip><inf:isin>BMG667211046</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Approval of an amendment to our 2013 Performance Incentive Plan (our "Plan"), including an increase in the number of shares available for grant under our Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Norwegian Cruise Line Holdings Ltd.</inf:issuerName><inf:cusip>G66721104</inf:cusip><inf:isin>BMG667211046</inf:isin><inf:meetingDate>06/12/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of PricewaterhouseCoopers LLP ("PwC") as our independent registered public accounting firm for the year ending December 31, 2024 and the determination of PwC's remuneration by our Audit Committee</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Alphapolis Co., Ltd.</inf:issuerName><inf:cusip>J0128W106</inf:cusip><inf:isin>JP3126410004</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income, with a Final Dividend of JPY 14</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36400</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36400</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income, with a Final Dividend of JPY 41</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Appoint Statutory Auditor Nakayama, Masahisa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Compensation Ceilings for Directors and Statutory Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Trust-Type Equity Compensation Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>14000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>14000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income, with a Final Dividend of JPY 30</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Yamaguchi, Toshikazu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Sugiyama, Yoshikuni</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>24800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Ishizawa, Akira</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Fukuda, Hiroyuki</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>24800</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Sato, Ken</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Kakizoe, Tadao</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Manago, Yasushi</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Katsu, Eijiro</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Komoda, Masanobu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Elect Director Suwa, Takako</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Appoint Alternate Statutory Auditor Negishi, Toyoaki</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Nippon Television Holdings, Inc.</inf:issuerName><inf:cusip>J56171101</inf:cusip><inf:isin>JP3732200005</inf:isin><inf:meetingDate>06/27/2025</inf:meetingDate><inf:voteDescription>Approve Restricted Stock Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24800</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24800</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000007852</inf:voteSeries><inf:voteOtherInfo>Kinetics Portfolio Trust</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Mario J. Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Raymond C. Avansino, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Leslie B. Daniels</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Alexis Glick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Douglas R. Jamieson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Agnes Mullady</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Robert S. Prather, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Elect Director Elisa M. Wilson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Reduce Authorized Class A Common Stock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Reduce Authorized Class B Common Stock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Eliminate Class of Preferred Stock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>07/10/2024</inf:meetingDate><inf:voteDescription>Ratify Deloitte &amp; Touche LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Capital Southwest Corporation</inf:issuerName><inf:cusip>140501107</inf:cusip><inf:isin>US1405011073</inf:isin><inf:meetingDate>07/25/2024</inf:meetingDate><inf:voteDescription>To elect six directors to serve until the 2025 Annual Meeting of Shareholders or until their respective successors are duly elected and qualified: Christine S. Battist</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Capital Southwest Corporation</inf:issuerName><inf:cusip>140501107</inf:cusip><inf:isin>US1405011073</inf:isin><inf:meetingDate>07/25/2024</inf:meetingDate><inf:voteDescription>To elect six directors to serve until the 2025 Annual Meeting of Shareholders or until their respective successors are duly elected and qualified: David R. Brooks</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Capital Southwest Corporation</inf:issuerName><inf:cusip>140501107</inf:cusip><inf:isin>US1405011073</inf:isin><inf:meetingDate>07/25/2024</inf:meetingDate><inf:voteDescription>To elect six directors to serve until the 2025 Annual Meeting of Shareholders or until their respective successors are duly elected and qualified: Bowen S. Diehl</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Capital Southwest Corporation</inf:issuerName><inf:cusip>140501107</inf:cusip><inf:isin>US1405011073</inf:isin><inf:meetingDate>07/25/2024</inf:meetingDate><inf:voteDescription>To elect six directors to serve until the 2025 Annual Meeting of Shareholders or until their respective successors are duly elected and qualified: Jack D. Furst</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Capital Southwest Corporation</inf:issuerName><inf:cusip>140501107</inf:cusip><inf:isin>US1405011073</inf:isin><inf:meetingDate>07/25/2024</inf:meetingDate><inf:voteDescription>To elect six directors to serve until the 2025 Annual Meeting of Shareholders or until their respective successors are duly elected and qualified: Ramona Rogers-Windsor</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Capital Southwest Corporation</inf:issuerName><inf:cusip>140501107</inf:cusip><inf:isin>US1405011073</inf:isin><inf:meetingDate>07/25/2024</inf:meetingDate><inf:voteDescription>To elect six directors to serve until the 2025 Annual Meeting of Shareholders or until their respective successors are duly elected and qualified: William R. Thomas</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Capital Southwest Corporation</inf:issuerName><inf:cusip>140501107</inf:cusip><inf:isin>US1405011073</inf:isin><inf:meetingDate>07/25/2024</inf:meetingDate><inf:voteDescription>To approve, on an advisory basis, the compensation of Capital Southwest Corporation's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Capital Southwest Corporation</inf:issuerName><inf:cusip>140501107</inf:cusip><inf:isin>US1405011073</inf:isin><inf:meetingDate>07/25/2024</inf:meetingDate><inf:voteDescription>To ratify the appointment of RSM US LLP as Capital Southwest Corporation's independent registered public accounting firm for the fiscal year ending March 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Rick Beckwitt</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>76</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>76</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Mauro Gregorio</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>76</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>76</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Michael R. Haack</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>76</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>76</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Advisory resolution to approve the compensation of our named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>76</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>76</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>Approval of an amendment to our Restated Certificate of Incorporation to allow for officer exculpation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>76</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>76</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Eagle Materials Inc.</inf:issuerName><inf:cusip>26969P108</inf:cusip><inf:isin>US26969P1084</inf:isin><inf:meetingDate>08/01/2024</inf:meetingDate><inf:voteDescription>To approve the expected appointment of Ernst &amp; Young LLP as independent auditors for fiscal year 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>76</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>76</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Prestige Consumer Healthcare Inc.</inf:issuerName><inf:cusip>74112D101</inf:cusip><inf:isin>US74112D1019</inf:isin><inf:meetingDate>08/06/2024</inf:meetingDate><inf:voteDescription>To elect seven directors to serve until the 2025 Annual Meeting of Stockholders: Ronald M. Lombardi</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>797</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>797</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Prestige Consumer Healthcare Inc.</inf:issuerName><inf:cusip>74112D101</inf:cusip><inf:isin>US74112D1019</inf:isin><inf:meetingDate>08/06/2024</inf:meetingDate><inf:voteDescription>To elect seven directors to serve until the 2025 Annual Meeting of Stockholders: John E. Byom</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>797</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>797</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Prestige Consumer Healthcare Inc.</inf:issuerName><inf:cusip>74112D101</inf:cusip><inf:isin>US74112D1019</inf:isin><inf:meetingDate>08/06/2024</inf:meetingDate><inf:voteDescription>To elect seven directors to serve until the 2025 Annual Meeting of Stockholders: Celeste A. Clark</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>797</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>797</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Prestige Consumer Healthcare Inc.</inf:issuerName><inf:cusip>74112D101</inf:cusip><inf:isin>US74112D1019</inf:isin><inf:meetingDate>08/06/2024</inf:meetingDate><inf:voteDescription>To elect seven directors to serve until the 2025 Annual Meeting of Stockholders: James C. D'Arecca</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>797</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>797</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Prestige Consumer Healthcare Inc.</inf:issuerName><inf:cusip>74112D101</inf:cusip><inf:isin>US74112D1019</inf:isin><inf:meetingDate>08/06/2024</inf:meetingDate><inf:voteDescription>To elect seven directors to serve until the 2025 Annual Meeting of Stockholders: Sheila A. Hopkins</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>797</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>797</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Prestige Consumer Healthcare Inc.</inf:issuerName><inf:cusip>74112D101</inf:cusip><inf:isin>US74112D1019</inf:isin><inf:meetingDate>08/06/2024</inf:meetingDate><inf:voteDescription>To elect seven directors to serve until the 2025 Annual Meeting of Stockholders: John F. Kelly</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>797</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>797</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Prestige Consumer Healthcare Inc.</inf:issuerName><inf:cusip>74112D101</inf:cusip><inf:isin>US74112D1019</inf:isin><inf:meetingDate>08/06/2024</inf:meetingDate><inf:voteDescription>To elect seven directors to serve until the 2025 Annual Meeting of Stockholders: Dawn M. Zier</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>797</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>797</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Prestige Consumer Healthcare Inc.</inf:issuerName><inf:cusip>74112D101</inf:cusip><inf:isin>US74112D1019</inf:isin><inf:meetingDate>08/06/2024</inf:meetingDate><inf:voteDescription>To ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm of Prestige Consumer Healthcare Inc. for the fiscal year ending March 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>797</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>797</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Prestige Consumer Healthcare Inc.</inf:issuerName><inf:cusip>74112D101</inf:cusip><inf:isin>US74112D1019</inf:isin><inf:meetingDate>08/06/2024</inf:meetingDate><inf:voteDescription>Say on Pay - An advisory vote on the resolution to approve the compensation of Prestige Consumer Healthcare Inc.'s named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>797</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>797</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Prestige Consumer Healthcare Inc.</inf:issuerName><inf:cusip>74112D101</inf:cusip><inf:isin>US74112D1019</inf:isin><inf:meetingDate>08/06/2024</inf:meetingDate><inf:voteDescription>To approve the Amendments to our Amended and Restated Certificate of Incorporation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>797</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>797</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CSW Industrials, Inc.</inf:issuerName><inf:cusip>126402106</inf:cusip><inf:isin>US1264021064</inf:isin><inf:meetingDate>08/15/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Joseph Armes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CSW Industrials, Inc.</inf:issuerName><inf:cusip>126402106</inf:cusip><inf:isin>US1264021064</inf:isin><inf:meetingDate>08/15/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Darron Ash</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CSW Industrials, Inc.</inf:issuerName><inf:cusip>126402106</inf:cusip><inf:isin>US1264021064</inf:isin><inf:meetingDate>08/15/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Michael Gambrell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CSW Industrials, Inc.</inf:issuerName><inf:cusip>126402106</inf:cusip><inf:isin>US1264021064</inf:isin><inf:meetingDate>08/15/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Bobby Griffin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CSW Industrials, Inc.</inf:issuerName><inf:cusip>126402106</inf:cusip><inf:isin>US1264021064</inf:isin><inf:meetingDate>08/15/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Terry Johnston</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CSW Industrials, Inc.</inf:issuerName><inf:cusip>126402106</inf:cusip><inf:isin>US1264021064</inf:isin><inf:meetingDate>08/15/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Linda Livingstone</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CSW Industrials, Inc.</inf:issuerName><inf:cusip>126402106</inf:cusip><inf:isin>US1264021064</inf:isin><inf:meetingDate>08/15/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Anne Motsenbocker</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CSW Industrials, Inc.</inf:issuerName><inf:cusip>126402106</inf:cusip><inf:isin>US1264021064</inf:isin><inf:meetingDate>08/15/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Robert Swartz</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CSW Industrials, Inc.</inf:issuerName><inf:cusip>126402106</inf:cusip><inf:isin>US1264021064</inf:isin><inf:meetingDate>08/15/2024</inf:meetingDate><inf:voteDescription>Election of Directors: Kent Sweezey</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CSW Industrials, Inc.</inf:issuerName><inf:cusip>126402106</inf:cusip><inf:isin>US1264021064</inf:isin><inf:meetingDate>08/15/2024</inf:meetingDate><inf:voteDescription>Approval, by non-binding vote, of executive compensation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CSW Industrials, Inc.</inf:issuerName><inf:cusip>126402106</inf:cusip><inf:isin>US1264021064</inf:isin><inf:meetingDate>08/15/2024</inf:meetingDate><inf:voteDescription>Approval of the 2024 Equity and Incentive Compensation Plan.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>CSW Industrials, Inc.</inf:issuerName><inf:cusip>126402106</inf:cusip><inf:isin>US1264021064</inf:isin><inf:meetingDate>08/15/2024</inf:meetingDate><inf:voteDescription>The ratification of Grant Thornton LLP to serve as independent registered public accounting firm for the fiscal year ending March 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>7200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>7200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Media Corporation</inf:issuerName><inf:cusip>531229771</inf:cusip><inf:isin>US5312297717</inf:isin><inf:meetingDate>08/23/2024</inf:meetingDate><inf:voteDescription>Split-Off Proposal A proposal to approve the redemption by Liberty Media Corporation ("Liberty Media") of each outstanding share of Liberty Media's Series A, Series B and Series C Liberty SiriusXM common stock in exchange for a number of shares of common stock of a newly formed, owned subsidiary of Liberty Media, Liberty SiriusXM Holdings Inc., equal to the Exchange Ratio (as defined in the Reorganization Agreement, dated December 11, 2023, as amended by the First Amendment to the Reorganization Agreement, dated June 16, 2024).</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Media Corporation</inf:issuerName><inf:cusip>531229771</inf:cusip><inf:isin>US5312297717</inf:isin><inf:meetingDate>08/23/2024</inf:meetingDate><inf:voteDescription>Adjournment Proposal A proposal to approve the adjournment of the special meeting by Liberty Media from time to time to solicit additional proxies in favor of the above listed proposal if there are insufficient votes at the time of such adjournment to approve the above listed proposal or if otherwise determined by the chairperson of the meeting to be necessary or appropriate.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Barbara J. Duganier (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24929</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24929</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Tyler Glover (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24929</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24929</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Karl F. Kurz (Class I)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24929</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24929</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Robert Roosa (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24929</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24929</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Murray Stahl (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24929</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24929</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To elect the three Class I and three Class III directors named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders: Marguerite Woung-Chapman (Class III)</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24929</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24929</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To approve, by non-binding advisory vote, the executive compensation paid to the Company's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24929</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24929</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24929</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24929</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To approve an amendment to the Company's Second Amended and Restated Certificate of Incorporation to give holders of 25% of the Company's common stock the right to request a special meeting of stockholders.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>24929</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>24929</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding an amendment to the Company's Clawback Policy.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>24929</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>24929</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding stockholders' ability to act by written consent.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>24929</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>24929</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Texas Pacific Land Corporation</inf:issuerName><inf:cusip>88262P102</inf:cusip><inf:isin>US88262P1021</inf:isin><inf:meetingDate>11/08/2024</inf:meetingDate><inf:voteDescription>To consider a non-binding stockholder proposal regarding the renomination of directors.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>24929</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>24929</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>01/28/2025</inf:meetingDate><inf:voteDescription>Approve Investment Concentration Restriction</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>1600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>1600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Christopher D. Hodgson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2512</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>2512</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Sharmila Karve</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2512</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>2512</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Jason Kenney</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2512</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2512</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Sumit Maheshwari</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2512</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2512</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director R. William McFarland</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2512</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>2512</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Satish Rai</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2512</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2512</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Chandran Ratnaswami</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2512</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2512</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Gopalakrishnan Soundarajan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2512</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2512</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Lauren C. Templeton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2512</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>2512</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director Benjamin P. Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2512</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2512</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Elect Director V. Prem Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2512</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2512</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax India Holdings Corporation</inf:issuerName><inf:cusip>303897102</inf:cusip><inf:isin>CA3038971022</inf:isin><inf:meetingDate>04/09/2025</inf:meetingDate><inf:voteDescription>Ratify PricewaterhouseCoopers LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2512</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>2512</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Robert J. Gunn</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director David L. Johnston</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Karen L. Jurjevich</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Christine A. Magee</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director R. William McFarland</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Christine N. McLean</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Brian J. Porter</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Timothy R. Price</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Lauren C. Templeton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director Benjamin P. Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director V. Prem Watsa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Elect Director William C. Weldon</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Ratify PricewaterhouseCoopers LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Fairfax Financial Holdings Limited</inf:issuerName><inf:cusip>303901102</inf:cusip><inf:isin>CA3039011026</inf:isin><inf:meetingDate>04/10/2025</inf:meetingDate><inf:voteDescription>Financed Emissions Disclosure</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>ENVIRONMENT OR CLIMATE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>2</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>2</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Margaret A. McKenzie</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Anna M. Alderson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Anuroop S. Duggal</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director P. Jane Gavan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Glenn A. McNamara</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Andrew M. Phillips</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Elect Director Sheldon B. Steeves</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Approve KPMG LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>PrairieSky Royalty Ltd.</inf:issuerName><inf:cusip>739721108</inf:cusip><inf:isin>CA7397211086</inf:isin><inf:meetingDate>04/14/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>12000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>12000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three Class III directors to the Company's Board of Directors to serve until the 2028 annual meeting or until their successors are duly elected and qualified: Peter A. Dea</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>972</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>972</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three Class III directors to the Company's Board of Directors to serve until the 2028 annual meeting or until their successors are duly elected and qualified: William F. Kimble</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>972</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>972</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three Class III directors to the Company's Board of Directors to serve until the 2028 annual meeting or until their successors are duly elected and qualified: James R. McDonald</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>972</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>972</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Advisory vote to approve the compensation of the Company's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>972</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>972</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Ratification of appointment of the Company's independent registered public accounting firm.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>972</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>972</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Advisory vote to determine the frequency of future advisory votes to approve the compensation of the Company's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>972</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>ONE YEAR</inf:howVoted><inf:sharesVoted>972</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Approve an amendment to the Company's certificate of incorporation to declassify the board of directors.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SHAREHOLDER RIGHTS AND DEFENSES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>972</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>972</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Approve an amendment to the Company's certificate of incorporation to remove the 66 2/3% supermajority vote requirements to amend, alter, or repeal the Company's certificate of incorporation and bylaws and to remove directors from office.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>972</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>972</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Approve an amendment to the Company's certificate of incorporation to limit the liability of certain officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>972</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>972</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Approve an amendment to the Company's certificate of incorporation to delete the waiver of Section 203 of the Delaware General Corporation Law.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>972</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>972</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Liberty Energy Inc.</inf:issuerName><inf:cusip>53115L104</inf:cusip><inf:isin>US53115L1044</inf:isin><inf:meetingDate>04/15/2025</inf:meetingDate><inf:voteDescription>Approve miscellaneous amendments to clarify and update the Company's certificate of incorporation.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>972</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>972</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Aerospace</inf:issuerName><inf:cusip>369604301</inf:cusip><inf:isin>US3696043013</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Stephen Angel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Aerospace</inf:issuerName><inf:cusip>369604301</inf:cusip><inf:isin>US3696043013</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Sebastien Bazin</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Aerospace</inf:issuerName><inf:cusip>369604301</inf:cusip><inf:isin>US3696043013</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Margaret Billson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Aerospace</inf:issuerName><inf:cusip>369604301</inf:cusip><inf:isin>US3696043013</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: H. Lawrence Culp, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Aerospace</inf:issuerName><inf:cusip>369604301</inf:cusip><inf:isin>US3696043013</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Thomas Enders</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Aerospace</inf:issuerName><inf:cusip>369604301</inf:cusip><inf:isin>US3696043013</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Edward Garden</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Aerospace</inf:issuerName><inf:cusip>369604301</inf:cusip><inf:isin>US3696043013</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Isabella Goren</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Aerospace</inf:issuerName><inf:cusip>369604301</inf:cusip><inf:isin>US3696043013</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Thomas Horton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Aerospace</inf:issuerName><inf:cusip>369604301</inf:cusip><inf:isin>US3696043013</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Catherine Lesjak</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Aerospace</inf:issuerName><inf:cusip>369604301</inf:cusip><inf:isin>US3696043013</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Darren McDew</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Aerospace</inf:issuerName><inf:cusip>369604301</inf:cusip><inf:isin>US3696043013</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Advisory Approval of Our Named Executives' Compensation</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Aerospace</inf:issuerName><inf:cusip>369604301</inf:cusip><inf:isin>US3696043013</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Ratification of Deloitte as Independent Auditor for 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Aerospace</inf:issuerName><inf:cusip>369604301</inf:cusip><inf:isin>US3696043013</inf:isin><inf:meetingDate>05/06/2025</inf:meetingDate><inf:voteDescription>Shareholder Proposal Requesting Vote on Severance Payments</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Redomicile and Reorganization Resolution Approval by special resolution of the reorganization and domestication of the Company, as set out in Appendix "1" of the accompanying management information circular (the "Circular") and as more particularly described therein.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>EXTRAORDINARY TRANSACTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Share Issuance Resolution Approval by ordinary resolution of the issuance of up to 500 million Class B Common Stock of the post-reorganization and domestication entity to the current holders of Class B limited partnership units of Galaxy Digital Holdings LP, as set out in Appendix "1" of the Circular and as more particularly described therein.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Adjourment Resolution Approval by ordinary resolution of the adjournment of the Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that it is determined by the Company that more time is necessary or appropriate such that one or more resolutions at the Meeting be approved and adopted in all respects, as set out in Appendix "1" of the Circular.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>3600</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>Declaration of Non-U.S. Status For the purpose of determining the aggregate number of votes that U.S. holders are entitled to cast, the undersigned certifies that: i) is not a U.S. resident; and</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:otherVoteDescription>Procedural matter</inf:otherVoteDescription><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>3600</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Galaxy Digital Holdings Ltd.</inf:issuerName><inf:cusip>36317J209</inf:cusip><inf:isin>US36317J2096</inf:isin><inf:meetingDate>05/09/2025</inf:meetingDate><inf:voteDescription>ii) to the extent that it holds shares of the Company for the account or benefit of any other person, such person is not a U.S. resident.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>OTHER</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:otherVoteDescription>Procedural matter</inf:otherVoteDescription><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>3600</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>3600</inf:sharesVoted><inf:managementRecommendation>NONE</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Thomas B. Fargo</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Celeste A. Connors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Elisia K. Flores</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Peggy Y. Fowler</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Micah A. Kane</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: William James Scilacci, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Elect Seven Directors: Scott W. H. Seu</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Advisory vote to approve the compensation of HEI's named executive officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Approval of Amended and Restated Articles of Incorporation to Increase the Number of Authorized Shares of Common Stock.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Hawaiian Electric Industries, Inc.</inf:issuerName><inf:cusip>419870100</inf:cusip><inf:isin>US4198701009</inf:isin><inf:meetingDate>05/12/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of Deloitte &amp; Touche LLP as HEI's independent registered public accountant for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>19500</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>19500</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three directors: Richard A. Navarre</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three directors: Martin A. Lambert</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Directors: To elect three directors: Constance B. Moore</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>We are asking that you approve, on a non-binding advisory basis, the compensation of our named executive officers as disclosed in the proxy statement, commonly referred to as a "Say-on-Pay" proposal.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Civeo Corporation</inf:issuerName><inf:cusip>17878Y207</inf:cusip><inf:isin>CA17878Y2078</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Appointment of Ernst &amp; Young LLP as Auditors of Civeo Corporation for the ensuing year and authorization of the directors of Civeo Corporation, acting through the Audit Committee, to determine their remuneration.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>18000</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>18000</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Vernova, Inc.</inf:issuerName><inf:cusip>36828A101</inf:cusip><inf:isin>US36828A1016</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors for Three Year Terms: Steve Angel</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>25</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>25</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Vernova, Inc.</inf:issuerName><inf:cusip>36828A101</inf:cusip><inf:isin>US36828A1016</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors for Three Year Terms: Arnold Donald</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>25</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>25</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Vernova, Inc.</inf:issuerName><inf:cusip>36828A101</inf:cusip><inf:isin>US36828A1016</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors for Three Year Terms: Jesus Malave</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>25</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>25</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Vernova, Inc.</inf:issuerName><inf:cusip>36828A101</inf:cusip><inf:isin>US36828A1016</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approve the compensation of our named executives officers in an advisory vote</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>25</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>25</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Vernova, Inc.</inf:issuerName><inf:cusip>36828A101</inf:cusip><inf:isin>US36828A1016</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Approve the frequency of future advisory votes on named executive officers compensation in an advisory vote</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>25</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>ONE YEAR</inf:howVoted><inf:sharesVoted>25</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GE Vernova, Inc.</inf:issuerName><inf:cusip>36828A101</inf:cusip><inf:isin>US36828A1016</inf:isin><inf:meetingDate>05/14/2025</inf:meetingDate><inf:voteDescription>Ratify the appointment of Deloitte &amp; Touche LLP as our independent auditor for the fiscal year ending December 31, 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>25</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>25</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Amanda M. Brock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>722</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>722</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Jacinto J. Hernandez</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>722</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>722</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Election of Directors: W. Howard Keenan, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>722</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>722</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Aris Water Solutions, Inc.</inf:issuerName><inf:cusip>04041L106</inf:cusip><inf:isin>US04041L1061</inf:isin><inf:meetingDate>05/21/2025</inf:meetingDate><inf:voteDescription>Ratify the appointment of BDO USA, P.C. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>722</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>722</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Knife River Corporation</inf:issuerName><inf:cusip>498894104</inf:cusip><inf:isin>US4988941047</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Three Class II Directors: Patricia Chiodo</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Knife River Corporation</inf:issuerName><inf:cusip>498894104</inf:cusip><inf:isin>US4988941047</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Three Class II Directors: Patricia L. Moss</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Knife River Corporation</inf:issuerName><inf:cusip>498894104</inf:cusip><inf:isin>US4988941047</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Three Class II Directors: William J. Sandbrook</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Knife River Corporation</inf:issuerName><inf:cusip>498894104</inf:cusip><inf:isin>US4988941047</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Advisory Vote to Approve the Compensation Paid to the Company's Named Executive Officers.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Knife River Corporation</inf:issuerName><inf:cusip>498894104</inf:cusip><inf:isin>US4988941047</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Ratification of the Appointment of Deloitte &amp; Touche LLP as the Company's Independent Registered Public Accounting Firm for 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Knife River Corporation</inf:issuerName><inf:cusip>498894104</inf:cusip><inf:isin>US4988941047</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Amendment and Restatement of the Company's Amended and Restated Certificate of Incorporation to Eliminate the Supermajority Voting Requirements.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>100</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>100</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors to a term ending in 2028: Reid T. Campbell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>58</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>58</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors to a term ending in 2028: Peter M. Carlson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>58</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>58</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Election of Class I Directors to a term ending in 2028: Suzanne F. Shank</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>58</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>58</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Approval of the advisory resolution on executive compensation</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>SECTION 14A SAY-ON-PAY VOTES</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>58</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>58</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Approval of the Company's amended and restated long-term incentive plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>58</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>58</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>White Mountains Insurance Group, Ltd.</inf:issuerName><inf:cusip>G9618E107</inf:cusip><inf:isin>BMG9618E1075</inf:isin><inf:meetingDate>05/22/2025</inf:meetingDate><inf:voteDescription>Approval of the appointment of PricewaterhouseCoopers LLP ("PwC") as the Company's Independent Registered Public Accounting Firm for 2025</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>58</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>58</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Mario J. Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>34300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>34300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Marc Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>34300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>34300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Douglas R. Jamieson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>34300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>34300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Daniel R. Lee</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>34300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>34300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Bruce M. Lisman</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>34300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>34300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Richard T. Prins</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>34300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>34300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Frederic V. Salerno</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>34300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>34300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Salvatore F. Sodano</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>34300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>34300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Election of Directors: Elisa M. Wilson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>34300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>34300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Associated Capital Group, Inc.</inf:issuerName><inf:cusip>045528106</inf:cusip><inf:isin>US0455281065</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Ratification of Appointment of Independent Registered Public Accountants</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>34300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>34300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Mario J. Gabelli</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Raymond C. Avansino, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Leslie B. Daniels</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Alexis Glick</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Douglas R. Jamieson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Agnes Mullady</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Robert S. Prather, Jr.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Elect Director Elisa M. Wilson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>GAMCO Investors, Inc.</inf:issuerName><inf:cusip>361438104</inf:cusip><inf:isin>US3614381040</inf:isin><inf:meetingDate>06/04/2025</inf:meetingDate><inf:voteDescription>Ratify Deloitte &amp; Touche LLP as Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>39300</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>39300</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Approve Increase in Size of Board from Fourteen to Sixteen</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director M. Elyse Allan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Janice Fukakusa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Maureen Kempston Darkes</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Frank J. McKenna</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Hutham S. Olayan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Satish C. Rai</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Diana L. Taylor</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Elect Director Justin B. Beber</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>36</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Advisory Vote on Executive Compensation Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>36</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>36</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Brookfield Corporation</inf:issuerName><inf:cusip>11271J107</inf:cusip><inf:isin>CA11271J1075</inf:isin><inf:meetingDate>06/06/2025</inf:meetingDate><inf:voteDescription>Disclose Net Zero Target Achievement Via Transition Strategy Approach</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>ENVIRONMENT OR CLIMATE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>SECURITY HOLDER</inf:voteSource><inf:sharesVoted>36</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>AGAINST</inf:howVoted><inf:sharesVoted>36</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Election of directors to serve until the Company's 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Anton D. Nikodemus</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>188</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>188</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Election of directors to serve until the Company's 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Michael A. Crawford</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>188</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>188</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Election of directors to serve until the Company's 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Monica S. Digilio</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>188</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>188</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Election of directors to serve until the Company's 2026 annual meeting of stockholders and until their successors are duly elected and qualified: David Z. Hirsh</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>188</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>188</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Election of directors to serve until the Company's 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Anthony F. Massaro</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>188</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>188</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Seaport Entertainment Group Inc.</inf:issuerName><inf:cusip>812215200</inf:cusip><inf:isin>US8122152007</inf:isin><inf:meetingDate>06/09/2025</inf:meetingDate><inf:voteDescription>Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>188</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>188</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: David N. Capobianco</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>28670</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>28670</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Jason Long</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>28670</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>28670</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Matthew K. Morrow</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>28670</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>28670</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Michael S. Sulton</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>28670</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>28670</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Frank Bayouth</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>28670</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>28670</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Kara Goodloe Harling</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>28670</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>28670</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Ben Moore</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>28670</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>28670</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Charles Watson</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>28670</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>28670</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Ty Daul</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>28670</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>28670</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Valerie P. Chase</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>28670</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>28670</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To elect 11 nominees to serve as directors of LandBridge for a one-year term or until each such director's successor is duly elected and qualified or until each such director's earlier death, resignation, disqualification or removal: Andrea Nicolas</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>28670</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>28670</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>LandBridge Company LLC</inf:issuerName><inf:cusip>514952100</inf:cusip><inf:isin>US5149521008</inf:isin><inf:meetingDate>06/10/2025</inf:meetingDate><inf:voteDescription>To ratify the appointment of Deloitte &amp; Touche LLP as the independent registered public accounting firm of LandBridge for the fiscal year ending December 31, 2025.</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>28670</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>28670</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Thomas S. Caldwell</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>6234</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>6234</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Beth Colle</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>6234</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>6234</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director George D. Elliott</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>6234</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>6234</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Michael B. C. Gundy</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>6234</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>6234</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Elect Director Charles A. V. Pennock</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>DIRECTOR ELECTIONS</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>6234</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>WITHHOLD</inf:howVoted><inf:sharesVoted>6234</inf:sharesVoted><inf:managementRecommendation>AGAINST</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Urbana Corporation</inf:issuerName><inf:cusip>91707P109</inf:cusip><inf:isin>CA91707P1099</inf:isin><inf:meetingDate>06/11/2025</inf:meetingDate><inf:voteDescription>Approve Deloitte LLP as Auditors and Authorize Board to Fix Their Remuneration</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>AUDIT-RELATED</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>6234</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>6234</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Allocation of Income, with a Final Dividend of JPY 41</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CAPITAL STRUCTURE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Appoint Statutory Auditor Nakayama, Masahisa</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>CORPORATE GOVERNANCE</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Compensation Ceilings for Directors and Statutory Auditors</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
<inf:proxyTable><inf:issuerName>Toei Animation Co., Ltd.</inf:issuerName><inf:cusip>J84453109</inf:cusip><inf:isin>JP3560200002</inf:isin><inf:meetingDate>06/24/2025</inf:meetingDate><inf:voteDescription>Approve Trust-Type Equity Compensation Plan</inf:voteDescription><inf:voteCategories><inf:voteCategory><inf:categoryType>COMPENSATION</inf:categoryType></inf:voteCategory></inf:voteCategories><inf:voteSource>ISSUER</inf:voteSource><inf:sharesVoted>200</inf:sharesVoted><inf:sharesOnLoan>0</inf:sharesOnLoan><inf:vote><inf:voteRecord><inf:howVoted>FOR</inf:howVoted><inf:sharesVoted>200</inf:sharesVoted><inf:managementRecommendation>FOR</inf:managementRecommendation></inf:voteRecord></inf:vote><inf:voteSeries>S000058593</inf:voteSeries><inf:voteOtherInfo>Kinetics Mutual Funds, Inc.</inf:voteOtherInfo></inf:proxyTable>
</inf:proxyVoteTable>
