1290 High Yield Bond Fund Class A (TNHAX)
| Fund Assets | 97.14M |
| Expense Ratio | 1.00% |
| Min. Investment | $1,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 5.82% |
| Dividend Growth | -1.01% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.47 |
| YTD Return | 1.52% |
| 1-Year Return | 4.49% |
| 5-Year Return | 27.89% |
| 52-Week Low | 8.37 |
| 52-Week High | 8.68 |
| Beta (5Y) | 0.40 |
| Holdings | 272 |
| Inception Date | Nov 12, 2014 |
About TNHAX
1290 High Yield Bond Fund Class A is a mutual fund that primarily invests at least 80% of its net assets, plus any borrowings for investment purposes, in a broad range of high-yield, below investment-grade bonds. These bonds, often referred to as junk bonds, offer higher yields to compensate for increased credit risk compared to investment-grade securities. The fund targets U.S. dollar-denominated corporate debt that is publicly issued in the domestic market, focusing on securities with below investment-grade ratings from agencies like Moody's, S&P, and Fitch. Qualifying bonds typically feature at least one year remaining to maturity, fixed coupon schedules, and a minimum outstanding amount to ensure liquidity. Class A shares include a maximum front-end sales charge, providing access to this strategy for investors seeking income generation through non-investment-grade fixed income. Launched in 2014, the fund plays a key role in the high-yield bond segment of the fixed income market, appealing to those aiming to enhance portfolio yields amid varying interest rate environments.
Performance
TNHAX had a total return of 4.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.63%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.04081 | Jun 30, 2026 |
| May 29, 2026 | $0.04307 | May 29, 2026 |
| Apr 30, 2026 | $0.04128 | Apr 30, 2026 |
| Mar 31, 2026 | $0.04748 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03823 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04732 | Jan 29, 2026 |