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Morningstar

1290 Diversified Bond A TNUAX

Morningstar Medalist Rating
Medalist Rating as of | See 1290 Funds Investment Hub
  • NAV / 1-Day Return 8.17  /  −0.41 %
  • Total Assets 609.8 Mil
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.750%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.70%
  • Effective Duration 9.25 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 3:08 AM GMT+0

Morningstar’s Analysis TNUAX

Will TNUAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TNUAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the TNUAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of TNUAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in 1290 Diversified Bond A's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings TNUAX

More TNUAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 60.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

5 Year Treasury Note Future June 24

39.34 346.3 Mil
Government

Long Gilt Future June 24

15.47 136.2 Mil
Government

United States Treasury Bonds 3%

10.66 93.8 Mil
Government

United States Treasury Notes 4%

10.56 93.0 Mil
Government

Us 10Yr Ultra 06/18/2024

7.21 63.5 Mil
Government

South Africa (Republic of) 9%

3.96 34.8 Mil
Government

Federal National Mortgage Association 6%

3.33 29.3 Mil
Securitized

Federal National Mortgage Association 5%

3.31 29.1 Mil
Securitized

Federal Home Loan Mortgage Corp. 4%

3.11 27.3 Mil
Securitized

Government National Mortgage Association 6%

3.02 26.6 Mil
Securitized