1290 Avantis U.S. Large Cap Growth Fund Class I (TNXIX)
| Fund Assets | 182.36M |
| Expense Ratio | 0.65% |
| Min. Investment | $1,000,000 |
| Turnover | 22.00% |
| Dividend (ttm) | 0.08 |
| Dividend Yield | 0.42% |
| Dividend Growth | 7.81% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 19.54 |
| YTD Return | 6.14% |
| 1-Year Return | 12.15% |
| 5-Year Return | 90.48% |
| 52-Week Low | 15.01 |
| 52-Week High | 19.73 |
| Beta (5Y) | n/a |
| Holdings | 190 |
| Inception Date | Feb 27, 2017 |
About TNXIX
1290 Avantis U.S. Large Cap Growth Fund I is an open-end mutual fund focused on providing long-term capital growth through investments in large-capitalization U.S. companies. The fund targets growth-oriented firms, typically identified by higher book-to-price ratios or inclusion in widely recognized indices such as the Russell 1000 Growth Index. Managed by Avantis Investors, a division of American Century Investments, the fund prioritizes securities with strong profitability and attractive valuation characteristics, aiming to enhance expected returns while emphasizing diversification and cost efficiency. The portfolio is concentrated in leading technology and communication services companies, with top holdings including Apple, Microsoft, NVIDIA, Amazon, and Meta Platforms. This sector composition reflects a strategy that capitalizes on the ongoing expansion and innovation within large-cap U.S. growth sectors. The fund maintains a relatively low turnover rate and an expense ratio that is competitive within its category. With an institutional share class structure, 1290 Avantis U.S. Large Cap Growth Fund I plays a significant role as a core equity holding for investors seeking exposure to the performance potential of the U.S. large-cap growth market segment.
Performance
TNXIX had a total return of 12.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.32%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TNRAX | Class A | 0.90% |
| TNXRX | Class R | 1.15% |
Top 10 Holdings
53.52% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 10.19% |
| Apple Inc. | AAPL | 9.39% |
| NVIDIA Corporation | NVDA | 9.25% |
| Amazon.com, Inc. | AMZN | 6.37% |
| Meta Platforms, Inc. | META | 5.59% |
| Broadcom Inc. | AVGO | 3.50% |
| Alphabet Inc. | GOOGL | 3.25% |
| Alphabet Inc. | GOOG | 2.70% |
| Mastercard Incorporated | MA | 1.73% |
| Netflix, Inc. | NFLX | 1.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.08297 | Dec 13, 2024 |
| Dec 14, 2023 | $0.07696 | Dec 14, 2023 |
| Dec 14, 2022 | $0.52854 | Dec 14, 2022 |
| Dec 15, 2021 | $0.3122 | Dec 16, 2021 |
| Dec 14, 2020 | $0.3874 | Dec 14, 2020 |
| Dec 13, 2019 | $0.2377 | Dec 13, 2019 |