1290 Retirement 2040 Fund Class I (TNNIX)
| Fund Assets | 3.04M |
| Expense Ratio | 0.65% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 6.38 |
| Dividend Yield | 70.99% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | May 28, 2025 |
| Previous Close | 8.99 |
| YTD Return | -33.31% |
| 1-Year Return | -29.92% |
| 5-Year Return | -5.91% |
| 52-Week Low | 8.99 |
| 52-Week High | 15.14 |
| Beta (5Y) | n/a |
| Holdings | 14 |
| Inception Date | Feb 27, 2017 |
About TNNIX
TNNIX was founded on 2017-02-27. The Fund's investment strategy focuses on Growth & Income with 0.65% total expense ratio. The minimum amount to invest in 1290 Retirement 2040 Fund Class I is $1,000,000 on a standard taxable account. 1290 Retirement 2040 Fund Class I seeks the highest total return over time consistent with its asset mix while managing portfolio volatility by investing in exchange traded securities of other investment companies or investment vehicles (the Underlying ETFs). TNNIX is managed to target 2040 as the specific year of planned retirement.
Performance
TNNIX had a total return of -29.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.50%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TNNAX | Class A | 0.90% |
| TNNRX | Class R | 1.15% |
Top 10 Holdings
92.50% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Core S&P Total U.S. Stock Market ETF | ITOT | 25.29% |
| iShares Core U.S. Aggregate Bond ETF | AGG | 20.39% |
| iShares Core MSCI EAFE ETF | IEFA | 9.66% |
| iShares MSCI USA Min Vol Factor ETF | USMV | 8.54% |
| Invesco S&P 500 Low Volatility ETF | SPLV | 8.28% |
| Invesco S&P International Developed Low Volatility ETF | IDLV | 5.01% |
| iShares MSCI EAFE Min Vol Factor ETF | EFAV | 4.99% |
| Invesco S&P MidCap Low Volatility ETF | XMLV | 4.57% |
| iShares TIPS Bond ETF | TIP | 3.63% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 2.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 28, 2025 | $5.24906 | May 28, 2025 |
| 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 |