- ISIN
- US68246A6863
- Issuer
- 1290 Funds
- Inception Date
- Jul 6, 2015
- Category
- Intermediate Core-Plus Bond
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
TNUIX Performance Chart
1290 Diversified Bond Fund (TNUIX) is up 3.0% since the beginning of the year. TNUIX is currently trading at $9 per share. Investors who bought $1,000 worth of TNUIX shares 5 years ago would now be looking at an investment worth $963.
Loading charts...
Compare this symbol against anything
Returns By Period
1290 Diversified Bond Fund (TNUIX) has returned 3.01% so far this year and 5.20% over the past 12 months. Over the last ten years, TNUIX has returned 2.91% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
1290 Diversified Bond Fund
- 1D
- 0.00%
- 1M
- 0.12%
- 6M
- 1.67%
- YTD
- 3.01%
- 1Y
- 5.20%
- 3Y*
- 3.70%
- 5Y*
- -0.75%
- 10Y*
- 2.91%
- ALL TIME*
- 2.47%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
TNUIX Monthly Returns History
Based on dividend-adjusted daily data since Jul 9, 2015, TNUIX's average daily return is +0.01%, while the average monthly return is +0.23%. At this rate, an investment would double in approximately 25.1 years.
Historically, 56% of months were positive and 44% were negative. The best month was Nov 2022 with a return of +8.5%, while the worst month was Sep 2022 at -7.2%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 5 months.
On a daily basis, TNUIX closed higher 42% of trading days. The best single day was Mar 26, 2020 with a return of +4.6%, while the worst single day was Mar 19, 2020 at -4.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.32% | 0.47% | -2.48% | 1.45% | 0.88% | 1.40% | 0.00% | 3.01% | |||||
| 2025 | 1.57% | 1.60% | 0.30% | 2.27% | -0.22% | 2.32% | -0.96% | 1.04% | 1.56% | 1.18% | -0.43% | -0.03% | 10.61% |
| 2024 | -0.80% | -2.82% | 1.14% | -4.85% | 2.61% | 1.57% | 2.66% | 2.83% | 1.63% | -4.33% | 0.25% | -3.23% | -3.72% |
| 2023 | 3.82% | -4.68% | 3.69% | -0.36% | -1.13% | -0.67% | 1.13% | -3.47% | -4.87% | -2.93% | 7.33% | 6.25% | 3.21% |
| 2022 | 0.72% | -2.25% | -0.58% | -5.84% | -0.25% | -1.88% | 1.59% | -1.78% | -7.24% | -4.02% | 8.47% | 0.60% | -12.54% |
| 2021 | -1.02% | 1.35% | -1.63% | 1.16% | 1.16% | 1.21% | -1.89% | 0.08% | -1.68% | -0.74% | -0.32% | -0.09% | -2.46% |
Benchmark Metrics
1290 Diversified Bond Fund has an annualized alpha of 1.54%, beta of 0.09, and R2 of 0.05 versus S&P 500 Index. Calculated based on daily prices since July 09, 2015.
- This fund participated in 34.87% of S&P 500 Index downside but only 22.27% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.09 may look defensive, but with R2 of 0.05 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.05 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 1.54%
- Beta
- 0.09
- R²
- 0.05
- Upside Capture
- 22.27%
- Downside Capture
- 34.87%
Expense Ratio
TNUIX has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
TNUIX ranks 43 for risk / return — above 43% of mutual funds peers on PortfoliosLab. Its historical combined result is near the middle of the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for 1290 Diversified Bond Fund (TNUIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TNUIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.25 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.35 | 2.00 | +0.35 |
| Martin ratioReturn relative to average drawdown | 6.49 | 8.49 | -2.00 |
Dividends
Dividend History
1290 Diversified Bond Fund provided a 3.38% dividend yield over the last twelve months, with an annual payout of $0.29 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.29 | $0.61 | $0.52 | $0.33 | $0.32 | $0.49 | $0.31 | $0.81 | $0.36 | $0.29 | $0.01 |
Dividend yield | 3.38% | 7.28% | 6.39% | 3.71% | 3.51% | 4.61% | 2.68% | 8.07% | 3.67% | 2.94% | 0.12% |
Monthly Dividends
The table displays the monthly dividend distributions for 1290 Diversified Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.02 | $0.00 | $0.02 | $0.02 | $0.00 | $0.06 | |||||
| 2025 | $0.14 | $0.00 | $0.02 | $0.04 | $0.17 | $0.00 | $0.01 | $0.01 | $0.02 | $0.04 | $0.03 | $0.13 | $0.61 |
| 2024 | $0.02 | $0.06 | $0.01 | $0.03 | $0.05 | $0.05 | $0.07 | $0.01 | $0.07 | $0.05 | $0.06 | $0.03 | $0.52 |
| 2023 | $0.07 | $0.05 | $0.05 | $0.03 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.08 | $0.33 |
| 2022 | $0.06 | $0.02 | $0.00 | $0.04 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.10 | $0.32 |
| 2021 | $0.09 | $0.08 | $0.05 | $0.03 | $0.03 | $0.10 | $0.01 | $0.02 | $0.04 | $0.00 | $0.05 | $0.00 | $0.49 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the 1290 Diversified Bond 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 Diversified Bond Fund was 26.30%, occurring on Oct 19, 2023. The portfolio has not yet recovered.
The current 1290 Diversified Bond Fund drawdown is 5.78%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-26.30%Oct 2023 | 2y 4mo | — | 5y 1moJun 2021 - now | — |
-13.36%Mar 2020 | 24d | 2mo 10d | 3mo 4dFeb 2020 - May 2020 | COVID crash2020 |
-4.40%Feb 2016 | 6mo 24d | 1y 1mo | 1y 8moJul 2015 - Apr 2017 | — |
-3.24%Mar 2021 | 1mo 10d | 2mo 4d | 3mo 14dFeb 2021 - Jun 2021 | — |
-2.84%Sep 2020 | 11d | 1mo 7d | 1mo 18dSep 2020 - Nov 2020 | — |
Drawdown Indicators
| TNUIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.30% | -56.78% | +30.48% |
Max Drawdown (1Y)Largest decline over 1 year | -2.71% | -9.10% | +6.39% |
Max Drawdown (3Y)Largest decline over 3 years | -11.28% | -18.90% | +7.62% |
Max Drawdown (5Y)Largest decline over 5 years | -24.99% | -25.43% | +0.44% |
Max Drawdown (10Y)Largest decline over 10 years | -26.30% | -33.92% | +7.62% |
Current DrawdownCurrent decline from peak | -5.78% | -1.58% | -4.20% |
Average DrawdownAverage peak-to-trough decline | -6.28% | -10.70% | +4.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 2.14% | -1.16% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with TNUIX
Add 1290 Diversified Bond Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with TNUIX