1290 SmartBeta Equity A (TNBAX)
| Fund Assets | 269.89M |
| Expense Ratio | 1.10% |
| Min. Investment | $1,000 |
| Turnover | 32.00% |
| Dividend (ttm) | 0.92 |
| Dividend Yield | 4.34% |
| Dividend Growth | 17.09% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2025 |
| Previous Close | 21.19 |
| YTD Return | 6.53% |
| 1-Year Return | 6.31% |
| 5-Year Return | 51.41% |
| 52-Week Low | 17.26 |
| 52-Week High | 21.38 |
| Beta (5Y) | 0.83 |
| Holdings | 298 |
| Inception Date | Nov 12, 2014 |
About TNBAX
The 1290 SmartBeta Equity Fund Class A is an open-end mutual fund designed to achieve long-term capital appreciation by investing primarily in equity securities of both U.S. and foreign companies in developed markets. Its investment approach utilizes a proprietary SmartBeta strategy that blends elements of low volatility and fundamental factor-based investing. The fund’s portfolio construction begins with a broad universe of developed-market stocks, then applies computer-aided quantitative analysis and proprietary filters to assess risk factors such as earnings quality and price volatility. A diversification methodology aims to mitigate concentration risk, resulting in broad exposure across large-, mid-, and small-cap companies and various industries. Typically, at least 80% of its assets are allocated to equities. The fund’s philosophy seeks to deliver enhanced risk-adjusted returns while reducing overall volatility compared to the broader equity markets, as measured by the MSCI World Index. This strategy is positioned to offer investors global diversification and is intended to complement more traditional index-tracking and single-factor investment approaches.
Performance
TNBAX had a total return of 6.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.18%.
Top 10 Holdings
25.51% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 4.83% |
| Apple Inc. | AAPL | 4.59% |
| Microsoft Corporation | MSFT | 4.10% |
| Alphabet, Inc. | GOOGL | 3.56% |
| Amazon.com, Inc. | AMZN | 2.02% |
| Broadcom Inc. | AVGO | 1.54% |
| Mastercard Incorporated | MA | 1.29% |
| Visa Inc. | V | 1.23% |
| Costco Wholesale Corporation | COST | 1.20% |
| Meta Platforms, Inc. | META | 1.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2025 | $0.91926 | Dec 12, 2025 |
| Dec 13, 2024 | $0.7851 | Dec 13, 2024 |
| Dec 14, 2023 | $0.20205 | Dec 14, 2023 |
| Dec 14, 2022 | $0.11901 | Dec 14, 2022 |
| Dec 15, 2021 | $1.2344 | Dec 16, 2021 |
| Dec 14, 2020 | $0.1629 | Dec 14, 2020 |