1290 Multi-Alternative Strategies Fund Class A (TNMAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.98
+0.01 (0.10%)
Jul 18, 2025, 4:00 PM EDT
0.10%
Fund Assets19.36M
Expense Ratio1.52%
Min. Investment$1,000
Turnovern/a
Dividend (ttm)0.12
Dividend Yield1.17%
Dividend Growth-54.33%
Payout FrequencyAnnual
Ex-Dividend DateDec 13, 2024
Previous Close9.97
YTD Return6.17%
1-Year Return8.60%
5-Year Return20.78%
52-Week Low9.01
52-Week High10.04
Beta (5Y)0.35
Holdings12
Inception DateJul 6, 2015

About TNMAX

TNMAX was founded on 2015-07-06. The Fund's investment strategy focuses on Alt Multi-Strategy with 1.52% total expense ratio. The minimum amount to invest in 1290 Multi-Alternative Strategies Fund Class A is $1,000 on a standard taxable account. 1290 Multi-Alternative Strategies Fund Class A seeks long-term growth of capital. TNMAX allocates its assets to Underlying ETFs that invest primarily in non-traditional asset categories and strategies. TNMAX invests its assets among the Underlying ETFs to achieve a diversified exposure across multiple non-traditional asset categories and strategies.

Category Multistrategy
Stock Exchange NASDAQ
Ticker Symbol TNMAX
Share Class Class A
Index ICE BofA US 3-Month T Bill TR IX

Performance

TNMAX had a total return of 8.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.84%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
TNMIXClass I1.27%
TNMRXClass R1.77%

Top 10 Holdings

95.08% of assets
NameSymbolWeight
iShares Convertible Bond ETFICVT15.41%
NYLI Merger Arbitrage ETFMNA15.26%
Vanguard Short-Term Inflation-Protected Securities ETFVTIP13.87%
iMGP DBi Managed Futures Strategy ETFDBMF11.22%
Invesco DB Precious Metals FundDBP8.71%
JPMorgan Equity Premium Income ETFJEPI8.56%
Vanguard Global ex-U.S. Real Estate ETFVNQI6.63%
iShares Core U.S. REIT ETFUSRT6.60%
JPMorgan NASDAQ Equity Premium Income ETFJEPQ4.61%
Invesco DB Energy FundDBE4.21%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 13, 2024$0.1246Dec 13, 2024
Dec 14, 2023$0.27285Dec 14, 2023
Dec 14, 2022$0.22152Dec 14, 2022
Dec 15, 2021$1.0333Dec 16, 2021
Dec 14, 2020$0.0585Dec 14, 2020
Dec 13, 2019$0.1973Dec 13, 2019
Full Dividend History