1290 SmartBeta Equity Fund Class R (TNBRX)
| Fund Assets | 222.80M |
| Expense Ratio | 1.35% |
| Min. Investment | $1,000,000 |
| Turnover | 32.00% |
| Dividend (ttm) | 0.74 |
| Dividend Yield | 3.71% |
| Dividend Growth | 351.57% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 19.67 |
| YTD Return | 6.86% |
| 1-Year Return | 12.58% |
| 5-Year Return | 74.67% |
| 52-Week Low | 16.97 |
| 52-Week High | 20.07 |
| Beta (5Y) | n/a |
| Holdings | 274 |
| Inception Date | Nov 12, 2014 |
About TNBRX
The 1290 SmartBeta Equity Fund Class R is an open-end mutual fund focused on achieving long-term capital appreciation through a diversified portfolio of equity securities. Managed using a proprietary "SmartBeta" strategy, the fund primarily invests in stocks of both U.S. companies and foreign firms from developed markets, spanning large-, mid-, and small-capitalization categories. The fund is designed to blend attributes of lower-risk and fundamentally driven investment approaches, seeking to deliver above-market returns with reduced volatility relative to broad equity benchmarks, such as the MSCI World Index. Utilizing quantitative analysis and unique filtering techniques, the fund identifies securities while managing for risk factors like earnings quality and price volatility. Its portfolio construction emphasizes diversification to minimize concentration risk, especially among the largest companies by market capitalization. With no minimum investment requirement for Class R shares, the fund is accessible to a wide range of investors. The 1290 SmartBeta Equity Fund Class R plays a role in offering global equity exposure to investors seeking a balance between risk mitigation and return potential within their portfolios.
Performance
TNBRX had a total return of 12.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.71%.
Top 10 Holdings
21.91% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 4.39% |
| Microsoft Corporation | MSFT | 3.72% |
| NVIDIA Corporation | NVDA | 3.48% |
| Alphabet Inc. | GOOGL | 2.35% |
| Amazon.com, Inc. | AMZN | 1.86% |
| The Procter & Gamble Company | PG | 1.34% |
| Visa Inc. | V | 1.31% |
| Costco Wholesale Corporation | COST | 1.24% |
| McDonald's Corporation | MCD | 1.11% |
| Meta Platforms, Inc. | META | 1.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.73945 | Dec 13, 2024 |
| Dec 14, 2023 | $0.16375 | Dec 14, 2023 |
| Dec 14, 2022 | $0.08179 | Dec 14, 2022 |
| Dec 15, 2021 | $1.1963 | Dec 16, 2021 |
| Dec 14, 2020 | $0.1296 | Dec 14, 2020 |
| Dec 13, 2019 | $0.2459 | Dec 13, 2019 |