1290 GAMCO Small/Mid Cap Value Fund Class R (TNVRX)
| Fund Assets | 222.00M |
| Expense Ratio | 1.45% |
| Min. Investment | $1,000,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.65 |
| Dividend Yield | 3.27% |
| Dividend Growth | -13.50% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2025 |
| Previous Close | 19.89 |
| YTD Return | 7.69% |
| 1-Year Return | 29.06% |
| 5-Year Return | 45.52% |
| 52-Week Low | 14.06 |
| 52-Week High | 21.23 |
| Beta (5Y) | 1.02 |
| Holdings | 191 |
| Inception Date | Nov 12, 2014 |
About TNVRX
1290 GAMCO Small/Mid Cap Value Fund Class R is an actively managed mutual fund focused on maximizing capital appreciation by investing primarily in small- and mid-capitalization companies. The fund seeks to identify undervalued businesses by applying a Private Market Value (PMV) framework—estimating the price an informed industrialist would pay to acquire the entire company—and emphasizing catalysts that could unlock value. The investment process is rooted in value investing principles, particularly those developed by Benjamin Graham and David Dodd, such as the concept of 'margin of safety.' At least 80% of the fund’s assets, along with any investment borrowings, are allocated to small-cap firms (companies with market caps under $3 billion) and mid-cap firms (between $3 billion and $12 billion) at the time of investment. The portfolio is diversified across sectors, with notable allocations to industrials, energy, and communication services. The fund is tailored for retirement accounts, has no minimum initial investment, and maintains a moderate turnover rate, reflecting a long-term investment orientation. Its approach is guided by the expertise of GAMCO’s experienced management team and aligns with value-driven strategies in the U.S. equity market.
Performance
TNVRX had a total return of 29.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.50%.
Top 10 Holdings
20.95% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Prime Money Market Fund | JIMXX | 3.33% |
| Mueller Industries, Inc. | MLI | 2.45% |
| Advance Auto Parts, Inc. | AAP | 2.24% |
| Madison Square Garden Sports Corp. | MSGS | 2.21% |
| National Fuel Gas Company | NFG | 1.97% |
| Moog Inc. | MOG.B | 1.90% |
| The Scotts Miracle-Gro Company | SMG | 1.87% |
| Modine Manufacturing Company | MOD | 1.80% |
| Telesat Corporation | TSAT | 1.60% |
| Crane Company | CR | 1.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2025 | $0.65101 | Dec 12, 2025 |
| Dec 13, 2024 | $0.75264 | Dec 13, 2024 |
| Dec 14, 2023 | $0.55615 | Dec 14, 2023 |
| Dec 29, 2022 | $0.0733 | Dec 29, 2022 |
| Dec 14, 2022 | $0.25061 | Dec 14, 2022 |
| Dec 15, 2021 | $1.0808 | Dec 16, 2021 |