1290 GAMCO Small/Mid Cap Value Fund Class I (TNVIX)
| Fund Assets | 154.92M |
| Expense Ratio | 0.95% |
| Min. Investment | $1,000,000 |
| Turnover | 11.00% |
| Dividend (ttm) | 0.84 |
| Dividend Yield | 4.66% |
| Dividend Growth | 32.59% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 17.90 |
| YTD Return | 5.11% |
| 1-Year Return | 16.17% |
| 5-Year Return | 114.06% |
| 52-Week Low | 14.23 |
| 52-Week High | 19.28 |
| Beta (5Y) | n/a |
| Holdings | 182 |
| Inception Date | Nov 12, 2014 |
About TNVIX
The 1290 GAMCO Small/Mid Cap Value Fund Class I is an actively managed mutual fund designed to maximize capital appreciation by investing primarily in equities of small- and mid-capitalization U.S. companies. Employing a value-oriented investment process, the fund seeks out firms whose market prices are meaningfully below their estimated intrinsic value, drawing on principles established by Benjamin Graham and David Dodd such as the “margin of safety.” The fund targets companies with market capitalizations typically below $12 billion and looks for catalysts—specific events that could help unlock their underlying value. Managed under the guidance of experienced portfolio managers from GAMCO, the fund’s portfolio is diversified across sectors such as industrials, energy, communication services, and consumer defensive. With a disciplined approach to security selection, a focus on private market value, and a competitive expense structure, this fund serves institutional investors seeking exposure to potentially undervalued small- and mid-cap U.S. equities within a risk-controlled framework.
Performance
TNVIX had a total return of 16.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.44%.
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 | $0.83958 | Dec 13, 2024 |
| Dec 14, 2023 | $0.63323 | Dec 14, 2023 |
| Dec 29, 2022 | $0.07326 | Dec 29, 2022 |
| Dec 14, 2022 | $0.28401 | Dec 14, 2022 |
| Dec 15, 2021 | $1.1593 | Dec 16, 2021 |
| Dec 14, 2020 | $0.0685 | Dec 14, 2020 |