Morningstar

1290 High Yield Bond Fund Class A TNHAX

Morningstar Medalist Rating
Medalist Rating as of | See 1290 Funds Investment Hub
  • NAV / 1-Day Return 8.19  /  −0.18 %
  • Total Assets 98.4M
  • Adj. Expense Ratio
    1.000%
  • Expense Ratio 1.000%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 6.24%
  • Effective Duration 2.84 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 3:34 AM GMT+0

Morningstar’s Analysis TNHAX

Will TNHAX outperform in the 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 TNHAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

1290 High Yield Bond A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings TNHAX

More TNHAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JPMorgan Prime Money Market IM

3.25 3M
Cash and Equivalents

Summit Midstream Holdings, LLC / Summit Midstream Finance Corp. 9%

1.06 1M
Corporate

Aramark Services, Inc. 5%

1.04 1M
Corporate

NGL Energy Operating LLC/ NGL Energy Finance Corp 8%

0.94 926,706
Corporate

Cash

0.91 894,494
Cash and Equivalents

Rb Global Holdings Inc. 8%

0.87 857,664
Corporate

Mauser Packaging Solutions Holding Co. 9%

0.85 834,229
Corporate

Athenahealth Group Inc. 6%

0.84 826,740
Corporate

Neptune BidCo US Inc. 9%

0.81 803,644
Corporate

Caesars Entertainment Inc. 7%

0.81 800,919
Corporate

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