The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
1290 High Yield Bond I TNHIX
- NAV / 1-Day Return 8.41 / +0.15 %
- Total Assets 68.5 Mil
-
Adj. Expense Ratio
- 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 6.26%
- Effective Duration 3.00 years
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 4:36 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.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 9.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash | 1.36 | 895,000 | Cash and Equivalents |
Jp Morgan Prime Var 12/50 | 1.21 | 793,629 | — |
ABE Investment Holdings Inc./Getty Images Inc 10% | 1.02 | 668,835 | Corporate |
Mauser Packaging Solutions Holding Co. 9% | 0.98 | 644,875 | Corporate |
Illuminate Buyer Llc / Illuminate Holdings IV Inc 9% | 0.97 | 637,330 | Corporate |
Verscend Escrow Corp 10% | 0.96 | 633,366 | Corporate |
Matthews International Corp 5% | 0.96 | 630,488 | Corporate |
Zoominfo Technologies Llc /Zoominfo Financial Corporation 4% | 0.86 | 566,225 | Corporate |
Watco Companies, L.L.C. / Watco Finance Corp. 6% | 0.76 | 500,535 | Corporate |
Kinetik Holdings LP 6% | 0.71 | 468,222 | Corporate |