About TNYRX
1290 Loomis Sayles Multi-Asset Income Fund is an open‑end mutual fund designed to deliver income with a complementary goal of total return. It invests across a diversified mix of income‑generating equities and fixed income securities, and may use derivatives to gain or hedge exposure. The portfolio employs a dynamic asset allocation process, shifting weights among global equity and bond segments based on relative valuations, the stage of the economic cycle, macroeconomic regimes, and sector fundamentals. This flexible mandate allows the managers to tap multiple sources of yield, including dividend‑paying stocks, corporate and government bonds, securitized assets, and other credit opportunities, while actively managing risk across market environments. The strategy is managed by Loomis Sayles, drawing on its global research platform and credit expertise to select securities and adjust exposures over time. Within the allocation fund landscape, it serves as a multi‑asset income solution that blends top‑down macro positioning with bottom‑up security selection to balance current income needs with long‑term return objectives.
Fund Family 1290 Funds
Category Allocation--30% to 50% Equity
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol TNYRX
Share Class Class R
Index Bloomberg U.S. Corporate High Yield TR
TNYRX had a total return of 12.27% in the past year, including dividends.
Since the fund's inception, the average annual return has been 6.63%.
