1290 Multi-Alternative Strategies A (TNMAX)

Fund Assets	42.36M
Expense Ratio	1.532%
Min. Investment	$1,000
Turnover	22.00%
Dividend (ttm)	0.20
Dividend Yield	1.78%
Dividend Growth	62.26%
Payout Frequency	Annual
Ex-Dividend Date	Dec 12, 2025

Previous Close	11.34
YTD Return	8.62%
1-Year Return	10.10%
5-Year Return	22.12%
52-Week Low	10.36
52-Week High	11.61
Beta (5Y)	0.34
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.

• Fund Family: 1290 Funds
• Category: Multistrategy
• Performance Rating: Below Average
• Risk Rating: Above Average
• 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 10.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.92%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TNMIX	Class I	1.28%
TNMRX	Class R	1.78%

Top 10 Holdings

94.84% of assets

Name	Symbol	Weight
iShares Convertible Bond ETF	ICVT	15.94%
iMGP DBi Managed Futures Strategy ETF	DBMF	13.95%
NYLIM Merger Arbitrage ETF	MNA	12.14%
Vanguard Short-Term Inflation-Protected Securities ETF	VTIP	11.27%
JPMorgan Equity Premium Income ETF	JEPI	8.72%
Invesco DB Precious Metals Fund	DBP	8.12%
Vanguard Global ex-U.S. Real Estate ETF	VNQI	7.90%
iShares Core U.S. REIT ETF	USRT	7.70%
JPMorgan NASDAQ Equity Premium Income ETF	JEPQ	4.79%
Invesco DB Energy Fund	DBE	4.30%

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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