1290 Funds - 1290 Avantis U.S. Large Cap Growth Fund (TNRAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
19.79
+0.13 (0.66%)
Jul 17, 2025, 4:00 PM EDT
12.00%
Fund Assets182.36M
Expense Ratio0.90%
Min. Investment$1,000
Turnover22.00%
Dividend (ttm)0.07
Dividend Yield0.32%
Dividend Growthn/a
Payout FrequencyAnnual
Ex-Dividend DateDec 13, 2024
Previous Close19.66
YTD Return6.69%
1-Year Return12.78%
5-Year Returnn/a
52-Week Low14.97
52-Week High19.79
Beta (5Y)n/a
Holdings190
Inception DateNov 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.

Fund Family 1290 Funds
Category Large Growth
Stock Exchange NASDAQ
Ticker Symbol TNRAX
Share Class Class A

Performance

TNRAX had a total return of 12.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 26.00%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
TNXIXClass I0.65%
TNXRXClass R1.15%

Top 10 Holdings

51.82% of assets
NameSymbolWeight
Apple Inc.AAPL10.73%
Microsoft CorporationMSFT9.44%
NVIDIA CorporationNVDA8.05%
Amazon.com, Inc.AMZN6.19%
Meta Platforms, Inc.META5.12%
Alphabet Inc.GOOGL3.25%
Broadcom Inc.AVGO3.00%
Alphabet Inc.GOOG2.71%
Mastercard IncorporatedMA1.75%
Netflix, Inc.NFLX1.56%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 13, 2024$0.06695Dec 13, 2024
Dec 14, 2023$0.0743Dec 14, 2023
Full Dividend History