1290 GAMCO Small/Mid Cap Value Fund Class A (TNVAX)
| Fund Assets | 154.92M |
| Expense Ratio | 1.20% |
| Min. Investment | $1,000 |
| Turnover | 11.00% |
| Dividend (ttm) | 0.80 |
| Dividend Yield | 4.19% |
| Dividend Growth | 33.87% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 17.85 |
| YTD Return | 4.94% |
| 1-Year Return | 11.98% |
| 5-Year Return | 104.23% |
| 52-Week Low | 14.20 |
| 52-Week High | 19.22 |
| Beta (5Y) | n/a |
| Holdings | 182 |
| Inception Date | Nov 12, 2014 |
About TNVAX
The 1290 GAMCO Small/Mid Cap Value Fund Class A is a mutual fund designed to seek capital appreciation by investing predominantly in the stocks of small- and mid-capitalization companies. The fund commits at least 80% of its assets—plus any investment borrowings—to securities of firms with market capitalizations typically below $12 billion at the time of purchase. Its investment approach is grounded in the value investing principles of Benjamin Graham and David Dodd, focusing on companies trading below their estimated intrinsic value and exhibiting potential catalysts for value realization. The fund emphasizes businesses with strong franchises and favorable private market values, aiming to uncover overlooked opportunities within the small- and mid-cap segments. Managed by GAMCO, this fund diversifies across sectors such as industrials, energy, communication services, and consumer defensive, and is overseen by experienced stock picker Mario Gabelli. The fund plays a notable role for investors seeking diversified exposure to undervalued U.S. small and mid-sized companies, with a disciplined process targeting long-term growth potential.
Performance
TNVAX had a total return of 11.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.87%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VEVFX | Vanguard | Vanguard Explorer Value Fund Investor Shares | 0.49% |
Top 10 Holdings
19.80% of assets| Name | Symbol | Weight |
|---|---|---|
| Mueller Industries, Inc. | MLI | 2.53% |
| Jp Morgan Prime Var 12/50 | n/a | 2.32% |
| National Fuel Gas Company | NFG | 2.14% |
| Crane Company | CR | 2.05% |
| Iveco Group N.V. | IVG | 1.93% |
| Advance Auto Parts, Inc. | AAP | 1.86% |
| Paramount Global | PARAA | 1.82% |
| Madison Square Garden Sports Corp. | MSGS | 1.81% |
| The Scotts Miracle-Gro Company | SMG | 1.70% |
| Astec Industries, Inc. | ASTE | 1.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.79611 | Dec 13, 2024 |
| Dec 14, 2023 | $0.59469 | Dec 14, 2023 |
| Dec 29, 2022 | $0.0733 | Dec 29, 2022 |
| Dec 14, 2022 | $0.25061 | Dec 14, 2022 |
| Dec 15, 2021 | $1.1201 | Dec 16, 2021 |
| Dec 14, 2020 | $0.0407 | Dec 14, 2020 |