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1290 High Yield Bond R (TNHRX)

Nasdaq - Nasdaq Delayed price. Currency in USD
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8.370.00 (0.00%)
At close: 08:00PM EDT

1290 High Yield Bond R

New York, NY 10104

1290 Avenue of the Americas

1290 Funds

(212) 554-1234
Management information
,Lead manager since 2 August 2021
Michael is a Portfolio Manager within the US high yield team in fixed income, responsible for managing core strategies, a role he has held since 2010. In addition, he is responsible for covering the energy sector research, a responsibility he has held since joining AXA IM in 2007. Prior to AXA IM, he was an Analyst for two years in the fixed income division of Bear Stearns, where he performed financial analyses and quantitative support for the Public Power group. Michael holds a Bachelor’s degree in Economics from Williams College; and he is also a CFA charterholder
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryHigh Yield Bond
Fund family1290 Funds
Net assets68.59M
YTD return1.69%
Yield5.90%
Morningstar rating★★★
Inception date11 Nov 2014

Fund operations

Last dividend0.21
Last cap gain-21.00
Holdings turnover35.00%
Average for categoryN/A

Fees and expenses

ExpenseTNHRXCategory average
Annual report expense ratio (net)1.00%0.95%
Prospectus net expense ratio1.00%N/A
Prospectus gross expense ratio1.50%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A3.88%
Max deferred sales loadN/A1.28%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A