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% (1Y)
Fund Assets | 19.36M |
Expense Ratio | 1.52% |
Min. Investment | $1,000 |
Turnover | n/a |
Dividend (ttm) | 0.12 |
Dividend Yield | 1.17% |
Dividend Growth | -54.33% |
Payout Frequency | Annual |
Ex-Dividend Date | Dec 13, 2024 |
Previous Close | 9.97 |
YTD Return | 6.17% |
1-Year Return | 8.60% |
5-Year Return | 20.78% |
52-Week Low | 9.01 |
52-Week High | 10.04 |
Beta (5Y) | 0.35 |
Holdings | 12 |
Inception Date | Jul 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%.
Top 10 Holdings
95.08% of assetsName | Symbol | Weight |
---|---|---|
iShares Convertible Bond ETF | ICVT | 15.41% |
NYLI Merger Arbitrage ETF | MNA | 15.26% |
Vanguard Short-Term Inflation-Protected Securities ETF | VTIP | 13.87% |
iMGP DBi Managed Futures Strategy ETF | DBMF | 11.22% |
Invesco DB Precious Metals Fund | DBP | 8.71% |
JPMorgan Equity Premium Income ETF | JEPI | 8.56% |
Vanguard Global ex-U.S. Real Estate ETF | VNQI | 6.63% |
iShares Core U.S. REIT ETF | USRT | 6.60% |
JPMorgan NASDAQ Equity Premium Income ETF | JEPQ | 4.61% |
Invesco DB Energy Fund | DBE | 4.21% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 13, 2024 | $0.1246 | Dec 13, 2024 |
Dec 14, 2023 | $0.27285 | Dec 14, 2023 |
Dec 14, 2022 | $0.22152 | Dec 14, 2022 |
Dec 15, 2021 | $1.0333 | Dec 16, 2021 |
Dec 14, 2020 | $0.0585 | Dec 14, 2020 |
Dec 13, 2019 | $0.1973 | Dec 13, 2019 |