1290 Multi-Alternative Strategies Fund (TNMIX)
The fund pursues its investment objective by investing in exchange-traded securities of other investment companies or investment vehicles comprising various asset categories and strategies. Under normal market conditions, the fund allocates substantially all of its assets to Underlying ETFs that invest primarily in non-traditional (alternative) asset categories and strategies. The fund seeks to invest its assets among the Underlying ETFs to achieve a diversified exposure across multiple alternative asset categories and strategies.
Fund Info
US68246A8273
68246A827
Jul 5, 2015
$1,000,000
Expense Ratio
TNMIX has an expense ratio of 0.85%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
1290 Multi-Alternative Strategies Fund (TNMIX) returned 3.09% year-to-date (YTD) and 7.90% over the past 12 months.
TNMIX
3.09%
1.25%
1.03%
7.90%
3.56%
2.57%
N/A
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of TNMIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.23% | -0.10% | -0.52% | 0.21% | 1.25% | 3.09% | |||||||
| 2024 | -0.23% | 1.26% | 3.17% | -1.32% | 1.56% | 0.77% | 1.20% | 1.50% | 2.12% | -1.04% | 1.99% | -2.00% | 9.22% |
| 2023 | 4.20% | -2.46% | -0.57% | 0.12% | -1.15% | 2.57% | 2.50% | -1.22% | -1.46% | -1.25% | 2.19% | 2.13% | 5.46% |
| 2022 | -2.22% | 0.52% | 1.13% | -3.14% | -1.36% | -3.61% | 1.98% | -1.51% | -4.82% | 0.92% | 2.40% | -1.77% | -11.18% |
| 2021 | 0.66% | 1.77% | -0.18% | 2.48% | 0.90% | 0.53% | -0.62% | 0.09% | -1.60% | 1.99% | -3.36% | -7.56% | -5.22% |
| 2020 | -0.97% | -2.95% | -8.71% | 3.44% | 1.39% | 1.69% | 3.43% | 2.31% | -1.67% | -0.60% | 4.93% | 2.92% | 4.52% |
| 2019 | 3.49% | 0.82% | 0.52% | 0.64% | -2.16% | 2.10% | 0.29% | 0.00% | 0.39% | 0.78% | -0.10% | 1.60% | 8.62% |
| 2018 | 1.07% | -2.31% | 0.39% | 0.59% | 0.59% | -0.68% | -0.10% | 0.10% | -0.10% | -1.86% | 0.20% | -2.40% | -4.49% |
| 2017 | 1.11% | 0.80% | -0.69% | 0.00% | -0.30% | 0.20% | 1.00% | 0.10% | 0.20% | 0.59% | -0.00% | 0.73% | 3.78% |
| 2016 | -1.48% | 1.93% | 2.21% | 1.65% | -0.61% | 1.74% | 0.60% | -0.40% | 1.00% | -0.99% | -0.40% | 0.41% | 5.73% |
| 2015 | -1.90% | -1.33% | -1.24% | 1.36% | -0.83% | -0.83% | -4.70% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TNMIX is 70, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for 1290 Multi-Alternative Strategies Fund (TNMIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
1290 Multi-Alternative Strategies Fund provided a 1.53% dividend yield over the last twelve months, with an annual payout of $0.15 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.15 | $0.15 | $0.30 | $0.25 | $1.06 | $0.08 | $0.31 | $0.12 | $0.06 | $0.06 | $0.08 |
Dividend yield | 1.53% | 1.57% | 3.38% | 2.86% | 10.68% | 0.78% | 3.06% | 1.24% | 0.61% | 0.61% | 0.85% |
Monthly Dividends
The table displays the monthly dividend distributions for 1290 Multi-Alternative Strategies Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.06 | $1.06 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2019 | $0.00 | $0.01 | $0.04 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.31 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.06 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.06 |
| 2015 | $0.08 | $0.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the 1290 Multi-Alternative Strategies Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the 1290 Multi-Alternative Strategies Fund was 23.01%, occurring on Oct 14, 2022. The portfolio has not yet recovered.
The current 1290 Multi-Alternative Strategies Fund drawdown is 6.78%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.01% | Jun 11, 2021 | 340 | Oct 14, 2022 | — | — | — |
| -17.21% | Jan 21, 2020 | 42 | Mar 19, 2020 | 171 | Nov 19, 2020 | 213 |
| -7.93% | Jul 7, 2015 | 137 | Jan 20, 2016 | 96 | Jun 7, 2016 | 233 |
| -6.99% | Jan 29, 2018 | 229 | Dec 24, 2018 | 182 | Sep 16, 2019 | 411 |
| -2.53% | Feb 25, 2021 | 21 | Mar 25, 2021 | 14 | Apr 15, 2021 | 35 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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