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Morningstar

1290 High Yield Bond I TNHIX

Morningstar Medalist Rating
Medalist Rating as of | See 1290 Funds Investment Hub
  • NAV / 1-Day Return 8.25  /  +0.11 %
  • Total Assets 68.1 Mil
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.750%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 6.20%
  • Effective Duration 3.01 years

USD | NAV as of Apr 20, 2024 | 1-Day Return as of Apr 20, 2024, 2:17 AM GMT+0

Morningstar’s Analysis TNHIX

Will TNHIX 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 TNHIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the TNHIX 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 TNHIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

1290 High Yield Bond I's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings TNHIX

More TNHIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Jp Morgan Prime Var 12/50

1.53 1.0 Mil
—

Cash

1.35 895,000
Cash and Equivalents

ABE Investment Holdings Inc./Getty Images Inc 10%

1.00 664,660
Corporate

Mauser Packaging Solutions Holding Co. 9%

0.98 651,575
Corporate

Illuminate Buyer Llc / Illuminate Holdings IV Inc 9%

0.97 645,721
Corporate

Verscend Escrow Corp 10%

0.95 632,262
Corporate

Matthews International Corp 5%

0.95 631,758
Corporate

Zoominfo Technologies Llc /Zoominfo Financial Corporation 4%

0.86 569,415
Corporate

Watco Companies, L.L.C. / Watco Finance Corp. 6%

0.74 491,054
Corporate

Kinetik Holdings LP 6%

0.70 467,025
Corporate