1290 Funds - 1290 Avantis U.S. Large Cap Growth Fund (TNRAX)
| Fund Assets | 203.60M |
| Expense Ratio | 0.90% |
| Min. Investment | $1,000 |
| Turnover | 4.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 1.61% |
| Dividend Growth | 426.81% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2025 |
| Previous Close | 20.76 |
| YTD Return | -7.90% |
| 1-Year Return | 5.14% |
| 5-Year Return | n/a |
| 52-Week Low | 15.60 |
| 52-Week High | 23.14 |
| Beta (5Y) | 1.21 |
| Holdings | 184 |
| Inception Date | Nov 29, 2023 |
About TNRAX
The 1290 Avantis U.S. Large Cap Growth Fund Class A is a mutual fund focused on delivering long-term capital growth through investments in large-capitalization U.S. companies. Centered on a growth strategy, the fund primarily invests in common stocks of companies identified for their higher growth potential, often characterized by elevated book-to-price ratios or inclusion in the Russell 1000 Growth Index. It employs a disciplined approach that emphasizes securities with strong profitability and attractive valuation metrics, while reducing exposure to stocks deemed to have lower return prospects. The fund’s portfolio is diversified across major sectors but is concentrated within growth-oriented industries, heavily weighted towards technology and communication services, including major holdings in leading U.S. firms such as Apple, Microsoft, and NVIDIA. Managed by the Avantis team of American Century Investments, it incorporates both indexing benefits—like broad market exposure and cost efficiency—and active tilts towards companies with favorable financial qualities. The fund is non-diversified, meaning it may hold a relatively smaller number of holdings compared to peers, seeking enhanced return opportunities within its mandate. The fund’s objective and methodology position it as a significant vehicle for investors seeking exposure to the U.S. large-cap growth segment.
Performance
TNRAX had a total return of 5.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.01%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TNXIX | Class I | 0.65% |
| TNXRX | Class R | 1.15% |
Top 10 Holdings
58.15% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 12.08% |
| Apple Inc. | AAPL | 10.51% |
| Microsoft Corporation | MSFT | 9.98% |
| Amazon.com, Inc. | AMZN | 6.02% |
| Broadcom Inc. | AVGO | 4.63% |
| Alphabet Inc. | GOOGL | 4.36% |
| Meta Platforms, Inc. | META | 4.05% |
| Alphabet Inc. | GOOG | 3.55% |
| Lam Research Corporation | LRCX | 1.54% |
| Mastercard Incorporated | MA | 1.42% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2025 | $0.3527 | Dec 12, 2025 |
| Dec 13, 2024 | $0.06695 | Dec 13, 2024 |
| Dec 14, 2023 | $0.0743 | Dec 14, 2023 |