1290 GAMCO Small/Mid Cap Value Fund (TNVIX)
The investment seeks to maximize capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in securities of small- and mid-capitalization companies. For the fund, small-capitalization companies generally are companies with a market capitalization less than $3 billion at the time of investment, and mid-capitalization companies generally are companies with a market capitalization between $3 billion and $12 billion at the time of investment.
Fund Info
US68246A3068
Nov 12, 2014
$1,000,000
Small-Cap
Blend
Expense Ratio
TNVIX has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 1290 GAMCO Small/Mid Cap Value Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
1290 GAMCO Small/Mid Cap Value Fund had a return of 3.64% year-to-date (YTD) and 7.26% in the last 12 months. Over the past 10 years, 1290 GAMCO Small/Mid Cap Value Fund had an annualized return of 6.19%, while the S&P 500 had an annualized return of 11.31%, indicating that 1290 GAMCO Small/Mid Cap Value Fund did not perform as well as the benchmark.
TNVIX
3.64%
1.15%
1.69%
7.26%
7.48%
6.19%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of TNVIX, 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 | 2.17% | 3.64% | |||||||||||
| 2024 | -0.36% | 2.18% | 5.15% | -5.86% | 4.96% | -4.50% | 9.37% | -2.35% | 1.84% | -1.98% | 7.39% | -10.37% | 3.68% |
| 2023 | 11.60% | -0.76% | -3.75% | -1.32% | -4.35% | 12.30% | 4.36% | -1.19% | -6.22% | -6.18% | 7.13% | 7.16% | 17.71% |
| 2022 | -4.32% | 0.89% | 1.51% | -8.50% | 2.04% | -9.04% | 9.36% | -4.01% | -12.05% | 13.62% | 6.27% | -6.55% | -13.31% |
| 2021 | 4.01% | 8.10% | 3.07% | 3.93% | 2.81% | -1.45% | -1.92% | -0.17% | -2.31% | 2.01% | -3.19% | 0.24% | 15.54% |
| 2020 | -4.51% | -9.45% | -24.60% | 12.32% | 5.12% | 3.58% | 4.99% | 7.68% | -3.82% | 0.88% | 18.55% | 7.39% | 11.33% |
| 2019 | 11.26% | 5.10% | -1.85% | 3.14% | -8.60% | 6.58% | -0.78% | -7.40% | 5.36% | 0.81% | 3.12% | 2.04% | 18.40% |
| 2018 | 2.74% | -5.18% | -1.25% | -0.16% | 3.17% | 1.23% | 1.52% | 1.20% | 0.96% | -9.65% | 1.38% | -11.00% | -15.19% |
| 2017 | 1.69% | 2.10% | 2.40% | 0.42% | -2.33% | 2.81% | 2.82% | -0.81% | 6.26% | -1.68% | 3.73% | -0.97% | 17.32% |
| 2016 | -6.47% | 2.01% | 9.96% | 1.49% | -1.86% | 0.10% | 3.69% | 2.12% | 0.57% | -3.47% | 9.13% | 0.56% | 17.99% |
| 2015 | -3.53% | 5.49% | 0.29% | 0.67% | 0.57% | -0.38% | -1.43% | -2.90% | -3.79% | 6.32% | 0.88% | -7.29% | -5.74% |
| 2014 | 1.00% | 1.61% | 2.63% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TNVIX is 18, meaning it’s performing worse than 82% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for 1290 GAMCO Small/Mid Cap Value Fund (TNVIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
1290 GAMCO Small/Mid Cap Value Fund provided a 1.06% dividend yield over the last twelve months, with an annual payout of $0.19 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.19 | $0.19 | $0.15 | $0.03 | $0.30 | $0.07 | $0.07 | $0.06 | $0.06 | $0.04 | $0.03 | $0.07 |
Dividend yield | 1.06% | 1.10% | 0.89% | 0.23% | 1.79% | 0.48% | 0.56% | 0.50% | 0.46% | 0.39% | 0.27% | 0.72% |
Monthly Dividends
The table displays the monthly dividend distributions for 1290 GAMCO Small/Mid Cap Value 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 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2023 | $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 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2021 | $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 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2018 | $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 |
| 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 | $0.04 | $0.04 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2014 | $0.07 | $0.07 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the 1290 GAMCO Small/Mid Cap Value 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 GAMCO Small/Mid Cap Value Fund was 45.31%, occurring on Mar 23, 2020. Recovery took 172 trading sessions.
The current 1290 GAMCO Small/Mid Cap Value Fund drawdown is 7.54%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -45.31% | Sep 21, 2018 | 377 | Mar 23, 2020 | 172 | Nov 24, 2020 | 549 |
| -29.46% | Nov 12, 2021 | 222 | Sep 30, 2022 | 374 | Mar 28, 2024 | 596 |
| -20.07% | Jun 24, 2015 | 161 | Feb 11, 2016 | 143 | Sep 6, 2016 | 304 |
| -12.46% | Dec 3, 2024 | 26 | Jan 10, 2025 | — | — | — |
| -9.99% | Jun 9, 2021 | 73 | Sep 21, 2021 | 37 | Nov 11, 2021 | 110 |
Volatility
Volatility Chart
The current 1290 GAMCO Small/Mid Cap Value Fund volatility is 3.62%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.