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Morningstar

1290 Retirement 2040 I TNNIX

Morningstar Medalist Rating
Medalist Rating as of | See 1290 Funds Investment Hub
  • NAV / 1-Day Return 12.57  /  0.34 %
  • Total Assets 6.5 Mil
  • Adj. Expense Ratio
    0.540%
  • Expense Ratio 0.650%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Target-Date 2040
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Status Open
  • TTM Yield 2.12%
  • Turnover 2%

USD | NAV as of Jun 06, 2023 | 1-Day Return as of Jun 06, 2023, 1:18 AM GMT+0

Morningstar’s Analysis TNNIX

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

People Pillar

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

A middling People rating and a subpar Parent Pillar limit 1290 Retirement 2040 I to a Morningstar Medalist Rating of Neutral. 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 TNNIX

More TNNIX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 1
  • Other Holdings 15
  • % Assets in Top 10 Holdings 92.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
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