1290 Multi-Alternative Strategies Fund Class A (TNMAX)
| Fund Assets | 28.38M |
| Expense Ratio | 1.52% |
| Min. Investment | $1,000 |
| Turnover | 22.00% |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 1.73% |
| Dividend Growth | 62.26% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2025 |
| Previous Close | 10.97 |
| YTD Return | -0.72% |
| 1-Year Return | 8.87% |
| 5-Year Return | 12.14% |
| 52-Week Low | 9.41 |
| 52-Week High | 11.75 |
| Beta (5Y) | 0.33 |
| Holdings | 12 |
| Inception Date | Jul 6, 2015 |
About TNMAX
1290 Multi-Alternative Strategies Fund Class A is a mutual fund designed to provide long-term capital growth by investing across a diverse array of non-traditional, or alternative, asset categories. The fund implements a multi-strategy approach by selecting and allocating assets primarily through underlying exchange-traded funds (ETFs) that specialize in alternative investments. These alternatives may include commodities, convertible securities, event-driven strategies, global real estate, managed futures, long/short equity, and real return strategies. By investing in a broad mix of these asset classes, the fund aims to achieve enhanced portfolio diversification and reduce overall risk, as the performance of alternative assets often lacks strong correlation with each other or with conventional equity and bond markets. The fund’s flexible allocation process considers momentum and market conditions to determine relative exposures among the chosen alternatives. Its structure and approach make it a portfolio diversifier for investors seeking exposure beyond traditional asset classes, reflecting evolving market strategies for managing volatility and pursuing capital appreciation.
Performance
TNMAX had a total return of 8.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.67%.
Top 10 Holdings
95.04% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Convertible Bond ETF | ICVT | 17.23% |
| NYLI Merger Arbitrage ETF | MNA | 13.44% |
| Vanguard Short-Term Inflation-Protected Securities ETF | VTIP | 12.05% |
| iMGP DBi Managed Futures Strategy ETF | DBMF | 11.73% |
| JPMorgan Equity Premium Income ETF | JEPI | 9.34% |
| Invesco DB Precious Metals Fund | DBP | 8.28% |
| iShares Core U.S. REIT ETF | USRT | 7.01% |
| Vanguard Global ex-U.S. Real Estate ETF | VNQI | 6.80% |
| JPMorgan NASDAQ Equity Premium Income ETF | JEPQ | 5.06% |
| Invesco DB Energy Fund | DBE | 4.11% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2025 | $0.20218 | Dec 12, 2025 |
| 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 |