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

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
19.66
+0.18 (0.92%)
Jul 9, 2025, 4:00 PM EDT
11.45%
Fund Assets 182.36M
Expense Ratio 0.90%
Min. Investment $1,000
Turnover 22.00%
Dividend (ttm) 0.07
Dividend Yield 0.32%
Dividend Growth n/a
Payout Frequency Annual
Ex-Dividend Date Dec 13, 2024
Previous Close 19.48
YTD Return 5.98%
1-Year Return 12.23%
5-Year Return n/a
52-Week Low 14.97
52-Week High 19.66
Beta (5Y) n/a
Holdings 190
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.

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

Performance

TNRAX had a total return of 12.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 25.88%.

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

51.82% of assets
Name Symbol Weight
Apple Inc. AAPL 10.73%
Microsoft Corporation MSFT 9.44%
NVIDIA Corporation NVDA 8.05%
Amazon.com, Inc. AMZN 6.19%
Meta Platforms, Inc. META 5.12%
Alphabet Inc. GOOGL 3.25%
Broadcom Inc. AVGO 3.00%
Alphabet Inc. GOOG 2.71%
Mastercard Incorporated MA 1.75%
Netflix, Inc. NFLX 1.56%
View More Holdings

Dividend History

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