1290 Funds - 1290 Retirement 2040 Fund (TNNIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
13.51
+0.08 (0.60%)
Dec 23, 2024, 4:00 PM EST
3.21%
Fund Assets 8.23M
Expense Ratio 0.65%
Min. Investment $1,000,000
Turnover 4.00%
Dividend (ttm) 1.13
Dividend Yield 8.38%
Dividend Growth 240.34%
Payout Frequency Annual
Ex-Dividend Date Dec 13, 2024
Previous Close 13.43
YTD Return 2.66%
1-Year Return 3.21%
5-Year Return 23.70%
52-Week Low 12.97
52-Week High 15.14
Beta (5Y) n/a
Holdings 14
Inception Date Feb 27, 2017

About TNNIX

The fund invests in exchange traded securities of other investment companies or investment vehicles (the "underlying ETFs"), which represent a variety of asset classes. With respect to its allocation to equity securities, its investments in Underlying ETFs will include investments in Underlying ETFs that, in turn, invest substantially all of their assets in equity securities that have lower absolute volatility than the broader markets in which the ETF invests.

Fund Family 1290 Funds
Category Mixed-Asset Target 2040
Performance Rating Below Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol TNNIX
Index S&P Target Date 2040 TR

Performance

TNNIX had a total return of 3.21% in the past year. Since the fund's inception, the average annual return has been 5.95%, including dividends.

Other Share Classes

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

Symbol Share Class Expense Ratio
TNNCX Class T 0.90%
TNNAX Class A 0.90%
TNNRX Class R 1.15%

Top 10 Holdings

93.33% of assets
Name Symbol Weight
iShares Core S&P Total U.S. Stock Market ETF ITOT 26.40%
iShares Core U.S. Aggregate Bond ETF AGG 20.19%
iShares Core MSCI EAFE ETF IEFA 9.59%
Invesco S&P 500 Low Volatility ETF SPLV 8.64%
iShares MSCI USA Min Vol Factor ETF USMV 8.51%
Invesco S&P MidCap Low Volatility ETF XMLV 4.87%
iShares MSCI EAFE Min Vol Factor ETF EFAV 4.78%
Invesco S&P International Developed Low Volatility ETF IDLV 4.60%
iShares TIPS Bond ETF TIP 3.58%
SPDR SSGA US Small Cap Low Volatility Index ETF SMLV 2.17%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Dec 13, 2024 $1.13266 Dec 13, 2024
Dec 14, 2023 $0.3328 Dec 14, 2023
Dec 14, 2022 $0.31973 Dec 14, 2022
Dec 15, 2021 $0.3063 Dec 16, 2021
Dec 14, 2020 $0.4696 Dec 14, 2020
Dec 13, 2019 $0.2261 Dec 13, 2019
Full Dividend History