1290 Multi-Alternative Strategies Fund Class I (TNMIX)

Fund Assets	38.14M
Expense Ratio	1.28%
Min. Investment	$1,000,000
Turnover	22.00%
Dividend (ttm)	0.23
Dividend Yield	1.96%
Dividend Growth	53.77%
Payout Frequency	Annual
Ex-Dividend Date	Dec 12, 2025

Previous Close	11.59
YTD Return	10.82%
1-Year Return	16.94%
5-Year Return	26.56%
52-Week Low	10.12
52-Week High	11.62
Beta (5Y)	0.37
Holdings	12
Inception Date	Jul 6, 2015

About TNMIX

1290 Multi-Alternative Strategies Fund Class I is an open-end mutual fund designed to provide long-term capital growth by investing across a wide array of alternative asset classes. Its primary function is to diversify traditional investment portfolios by allocating assets to multiple non-traditional strategies, primarily through holdings in exchange-traded funds (ETFs). The fund targets exposure to sectors such as commodities, convertible securities, global real estate, managed futures, and long/short equity, among others. This multi-strategy approach aims to reduce correlation to traditional market indexes, helping to mitigate portfolio volatility and broad market risk. Managed by Equitable Investment Management Group, the fund utilizes a combination of market factors, including momentum, to determine allocations among the underlying strategies. This positions the fund as a useful tool for investors seeking diversification and the potential for smoother portfolio returns, especially during periods of heightened equity or bond market volatility. It is categorized in the multistrategy segment, with most assets concentrated in a handful of top ETF holdings representing various alternative investments.

• Fund Family: 1290 Funds
• Category: Multistrategy
• Performance Rating: Average
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: TNMIX
• Share Class: Class I
• Index: ICE BofA US 3-Month T Bill TR IX

Performance

TNMIX had a total return of 16.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.47%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TNMAX	Class A	1.53%
TNMRX	Class R	1.78%

Top 10 Holdings

95.10% of assets

Name	Symbol	Weight
iShares Convertible Bond ETF	ICVT	16.53%
iMGP DBi Managed Futures Strategy ETF	DBMF	15.30%
NYLI Merger Arbitrage ETF	MNA	11.89%
Vanguard Short-Term Inflation-Protected Securities ETF	VTIP	11.48%
JPMorgan Equity Premium Income ETF	JEPI	8.98%
Invesco DB Precious Metals Fund	DBP	8.00%
iShares Core U.S. REIT ETF	USRT	6.84%
Vanguard Global ex-U.S. Real Estate ETF	VNQI	6.74%
JPMorgan NASDAQ Equity Premium Income ETF	JEPQ	5.02%
Invesco DB Agriculture Fund	DBA	4.32%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 12, 2025	$0.22707	Dec 12, 2025
Dec 13, 2024	$0.14767	Dec 13, 2024
Dec 14, 2023	$0.29467	Dec 14, 2023
Dec 14, 2022	$0.24487	Dec 14, 2022
Dec 15, 2021	$1.0588	Dec 16, 2021
Dec 14, 2020	$0.0831	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:

Aug 28, 2026

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