1290 High Yield Bond Fund (TNHCX.O)

At A Glance

You hold TNHCX.O in 0 portfolios

Net Asset Value

8.98USD

 -0.03 -0.33%

09/24/2020

Category
General Domestic
YTD Return (Cumulative)
 1.35%
Classification
High Yield
5 Year Return (Annualized)
 5.74%
Manager Benchmark
Lipper High Yield Bd IX
Lipper Leader Profile (Overall)
Total Return
Consistent Return
Capital Preservation
Low Expense
Tax Efficiency(U.S. only)

Growth of $10,000 since October, 2014 »

 TNHCX.O

The Growth of $10,000 chart includes reinvestment of dividends and capital gains, but does not reflect the effect of any applicable sales or redemption charges which would lower these figures.

Fund Profile

Fund Family1290 Funds
Inception Date11/12/2014
Portfolio Turnover54%
Dividend Yield--
Fund ManagerTeam Managed
Manager Tenure--
1290 Funds
1290 Avenue of the Americas
New York, NY 10104

Fees, Expenses, & Minimums

Load TypeFront end
Total Expense Ratio1.00%
Max 12b-1 Fee Ratio0.3x
Early Redemption Fee--
Initial Investment$1,000
Subsequent Investments$50
Initial IRA Investments$500
Subsequent IRA Investments$50

Investment Strategy

The Fund seeks to maximize current income. The Fund invests at least 80% of its net assets in a broad range of high-yield, below investment-grade bonds. It is expected that the Fund will invest primarily in high-yield corporate bonds as well as floating rate loans, and participations in and assignments of loans.

Overall Lipper Leaders Ratings & Fund Profile »

Similar
Rating/
Category
Total Return
 
459
Consistent Return
 
458
Capital Preservation
 
6053
Low Expense
 
124
Tax Efficiency (U.S. only)
 
459

About the ratings...

Total Return reflects the fund's historical total return performance relative to its peers. Consistent Return reflects the funds's historical risk-adjusted returns relative to its peers. The Capital Preservation is relative, rather that absolute...More »

Lipper Leaders.com
View Overview Page For