1290 High Yield Bond Fund Class R (TNHRX)
| Fund Assets | 87.55M |
| Expense Ratio | 1.25% |
| Min. Investment | $0.00 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 5.92% |
| Dividend Growth | 0.66% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 8.43 |
| YTD Return | -0.02% |
| 1-Year Return | 5.13% |
| 5-Year Return | 18.17% |
| 52-Week Low | 8.36 |
| 52-Week High | 8.67 |
| Beta (5Y) | 0.33 |
| Holdings | 264 |
| Inception Date | Nov 12, 2014 |
About TNHRX
1290 High Yield Bond Fund Class R 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. This strategy focuses on generating income through securities rated below investment grade, often referred to as junk bonds, which offer higher yields to compensate for increased credit risk. The fund employs a high-yield approach that combines bottom-up security selection—analyzing individual bonds for value—with a macro perspective to navigate broader economic conditions and market trends. It targets U.S. dollar-denominated corporate debt in the domestic market, emphasizing fixed coupon schedules and diversification across issuers. Designed for investors seeking higher income potential in the fixed-income space, 1290 High Yield Bond Fund Class R plays a role in providing exposure to the high-yield bond segment, which is tracked by benchmarks like the ICE BofA U.S. High Yield Index. Launched in 2014, it serves as an option within retirement plans and brokerage accounts, catering to those interested in non-investment-grade debt opportunities.
Performance
TNHRX had a total return of 5.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.75%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.03953 | Apr 30, 2026 |
| Mar 31, 2026 | $0.04568 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03659 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04549 | Jan 29, 2026 |
| Dec 12, 2025 | $0.03724 | Dec 12, 2025 |
| Nov 26, 2025 | $0.04218 | Nov 26, 2025 |