1290 SmartBeta Equity Fund Class I (TNBIX)
| Fund Assets | 274.83M |
| Expense Ratio | 0.85% |
| Min. Investment | $1,000,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.97 |
| Dividend Yield | 4.65% |
| Dividend Growth | 16.60% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2025 |
| Previous Close | 20.99 |
| YTD Return | 3.91% |
| 1-Year Return | 12.60% |
| 5-Year Return | 55.61% |
| 52-Week Low | 19.35 |
| 52-Week High | 21.16 |
| Beta (5Y) | n/a |
| Holdings | 308 |
| Inception Date | Nov 12, 2014 |
About TNBIX
1290 SmartBeta Equity Fund Class I is a mutual fund designed to deliver long-term capital appreciation by investing primarily in equity securities of both U.S. and foreign companies from developed markets. This fund employs a smart beta strategy, integrating both quantitative and fundamental approaches to security selection. Utilizing proprietary computer-aided analysis, the fund filters for stocks while managing risks such as earnings quality and volatility, and employs a unique diversification methodology intended to reduce concentration risk across market capitalizations. By balancing large, mid, and small-cap equity exposure across various sectors, the fund seeks to combine the benefits of lower volatility strategies with those of fundamental-driven investing. It is particularly notable for its global diversification, aiming for above-market returns with lower overall volatility than traditional equity benchmarks such as the MSCI World Index. The fund's portfolio demonstrates a broad industry reach, with overweight positions in consumer defensive and financial services sectors, and serves as a strategic complement to traditional market-cap-weighted index funds in a diversified portfolio.
Performance
TNBIX had a total return of 12.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.37%.
Top 10 Holdings
22.82% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 4.28% |
| NVIDIA Corporation | NVDA | 4.28% |
| Alphabet Inc. | GOOGL | 3.63% |
| Microsoft Corporation | MSFT | 3.07% |
| Amazon.com, Inc. | AMZN | 1.60% |
| The Procter & Gamble Company | PG | 1.39% |
| Costco Wholesale Corporation | COST | 1.23% |
| Broadcom Inc. | AVGO | 1.16% |
| Mastercard Incorporated | MA | 1.11% |
| The Coca-Cola Company | KO | 1.07% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2025 | $0.96865 | Dec 12, 2025 |
| Dec 13, 2024 | $0.83076 | Dec 13, 2024 |
| Dec 14, 2023 | $0.24034 | Dec 14, 2023 |
| Dec 14, 2022 | $0.15623 | Dec 14, 2022 |
| Dec 15, 2021 | $1.2725 | Dec 16, 2021 |
| Dec 14, 2020 | $0.1962 | Dec 14, 2020 |