TNHRX – 1290 High Yield Bond R Investment Strategy | Morningstar

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Strategy

The investment seeks to maximize current income. Normally, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in a broad range of high-yield, below investment-grade bonds. The advisor expected that the fund will invest primarily in high-yield corporate bonds as well as floating rate loans, and participations in and assignments of loans.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
TNHIX	1290 High Yield Bond Fund Class I	Institutional	Open			Nov 12, 2014	$94.83M	0.750%	Above Average	$1M	$11.52M
TNHAX	1290 High Yield Bond Fund Class A	Front Load	Open			Nov 12, 2014	$2.77M	1.000%	Above Average	$1,000	−$140,554.93
TNHRX	1290 High Yield Bond Fund Class R	Retirement, Medium	Open			Nov 12, 2014	$775,846.00	1.250%	Above Average	$0	$179,835.69

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