1290 Loomis Sayles Multi-Asset Income Fund Class A (TNXAX)
Fund Info
| ISIN | US68259P5706 |
|---|---|
| CUSIP | 68259P570 |
| Issuer | 1290 Funds |
| Inception Date | Mar 7, 2016 |
| Category | Diversified Portfolio |
| Min. Investment | $1,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
TNXAX has a high expense ratio of 1.14%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: TNXAX vs. USTB, TNXAX vs. SCHJ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 1290 Loomis Sayles Multi-Asset Income Fund Class A, 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 Loomis Sayles Multi-Asset Income Fund Class A had a return of 3.27% year-to-date (YTD) and 9.62% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.27% | 9.49% |
| 1 month | 0.73% | 1.20% |
| 6 months | 9.13% | 18.29% |
| 1 year | 9.62% | 26.44% |
| 5 years (annualized) | 6.81% | 12.64% |
| 10 years (annualized) | N/A | 10.67% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.49% | 0.79% | 2.09% | -1.44% | ||||||||
| 2023 | -1.32% | 4.21% | 3.47% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of TNXAX is 76, placing it in the top 24% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
TNXAX (1290 Loomis Sayles Multi-Asset Income Fund Class A)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for 1290 Loomis Sayles Multi-Asset Income Fund Class A (TNXAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
1290 Loomis Sayles Multi-Asset Income Fund Class A granted a 5.17% dividend yield in the last twelve months. The annual payout for that period amounted to $0.55 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.55 | $0.59 | $0.44 | $1.14 | $0.91 | $0.59 | $0.47 | $0.78 | $0.26 |
Dividend yield | 5.17% | 5.68% | 4.41% | 9.95% | 7.91% | 5.34% | 4.75% | 7.27% | 2.46% |
Monthly Dividends
The table displays the monthly dividend distributions for 1290 Loomis Sayles Multi-Asset Income Fund Class A. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.02 | $0.04 | ||||||||
| 2023 | $0.08 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.02 | $0.04 | $0.04 | $0.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.04 | $0.04 | $0.04 | $0.24 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.14 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.91 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.78 |
| 2016 | $0.26 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the 1290 Loomis Sayles Multi-Asset Income Fund Class A. 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 Loomis Sayles Multi-Asset Income Fund Class A was 21.40%, occurring on Mar 23, 2020. Recovery took 52 trading sessions.
The current 1290 Loomis Sayles Multi-Asset Income Fund Class A drawdown is 0.14%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.4% | Feb 21, 2020 | 22 | Mar 23, 2020 | 52 | Jun 5, 2020 | 74 |
| -17.8% | Dec 31, 2021 | 116 | Jun 16, 2022 | 405 | Jan 29, 2024 | 521 |
| -13.11% | Dec 15, 2017 | 257 | Dec 24, 2018 | 122 | Jun 20, 2019 | 379 |
| -4.5% | Sep 3, 2020 | 14 | Sep 23, 2020 | 34 | Nov 10, 2020 | 48 |
| -3.6% | Jun 9, 2020 | 3 | Jun 11, 2020 | 23 | Jul 15, 2020 | 26 |
Volatility
Volatility Chart
The current 1290 Loomis Sayles Multi-Asset Income Fund Class A volatility is 1.47%, 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.