Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.6%
1 yr return
11.7%
3 Yr Avg Return
4.6%
5 Yr Avg Return
5.2%
Net Assets
$66.9 M
Holdings in Top 10
15.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.51%
SALES FEES
Front Load 2.50%
Deferred Load N/A
TRADING FEES
Turnover 39.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TNHCX - Profile
Distributions
- YTD Total Return 1.6%
- 3 Yr Annualized Total Return 4.6%
- 5 Yr Annualized Total Return 5.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 4.49%
- Dividend Yield 6.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal Name1290 High Yield Bond Fund
-
Fund Family NameEQFunds
-
Inception DateNov 12, 2014
-
Shares OutstandingN/A
-
Share ClassT
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerKenneth Kozlowski
Fund Description
TNHCX - Performance
Return Ranking - Trailing
Period | TNHCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.6% | -4.9% | 8.2% | 46.49% |
1 Yr | 11.7% | -4.3% | 26.0% | 39.44% |
3 Yr | 4.6%* | -15.6% | 20.6% | 2.29% |
5 Yr | 5.2%* | -11.2% | 37.3% | 7.94% |
10 Yr | N/A* | -4.7% | 19.5% | N/A |
* Annualized
Return Ranking - Calendar
Period | TNHCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.4% | -4.7% | 14.3% | 45.19% |
2022 | -14.4% | -33.4% | 3.6% | 30.72% |
2021 | -0.7% | -8.4% | 14.9% | 76.02% |
2020 | 1.4% | -13.9% | 302.7% | 20.00% |
2019 | 6.6% | -4.4% | 13.3% | 71.21% |
Total Return Ranking - Trailing
Period | TNHCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.6% | -4.9% | 8.2% | 46.49% |
1 Yr | 11.7% | -4.3% | 26.0% | 39.44% |
3 Yr | 4.6%* | -15.6% | 20.6% | 2.29% |
5 Yr | 5.2%* | -11.2% | 37.3% | 7.94% |
10 Yr | N/A* | -4.7% | 19.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | TNHCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.2% | -4.7% | 18.7% | 50.00% |
2022 | -9.5% | -33.4% | 47.8% | 29.62% |
2021 | 11.7% | -8.4% | 24.8% | 1.14% |
2020 | 7.1% | -9.6% | 325.6% | 21.68% |
2019 | 9.2% | -3.8% | 21.5% | 88.79% |
NAV & Total Return History
TNHCX - Holdings
Concentration Analysis
TNHCX | Category Low | Category High | TNHCX % Rank | |
---|---|---|---|---|
Net Assets | 66.9 M | 1.85 M | 22.6 B | 88.17% |
Number of Holdings | 272 | 2 | 2736 | 64.20% |
Net Assets in Top 10 | 10.4 M | -492 M | 4.45 B | 86.88% |
Weighting of Top 10 | 15.77% | 4.2% | 149.6% | 36.88% |
Top 10 Holdings
- INVESCO GOVERNMENT AGENCY PORTFOLIO OPEN-END FUND USD 5.65%
- BLACKROCK LIQUIDITY FEDFUND OPEN-END FUND USD 1.68%
- MSILF GOVERNMENT PORTFOLIO OPEN-END FUND USD 1.51%
- JPMorgan Prime Money Market Fund, IM Shares 1.20%
- Getty Images, Inc. 1.01%
- Mauser Packaging Solutions Holding Co. 0.98%
- Illuminate Buyer LLC 0.96%
- Verscend Escrow Corp. 0.96%
- Matthews International Corp. 0.95%
- ZoomInfo Technologies LLC 0.86%
Asset Allocation
Weighting | Return Low | Return High | TNHCX % Rank | |
---|---|---|---|---|
Bonds | 96.59% | -3.13% | 154.38% | 27.50% |
Cash | 10.83% | -52.00% | 49.49% | 9.72% |
Stocks | 0.00% | 0.00% | 99.61% | 78.96% |
Preferred Stocks | 0.00% | 0.00% | 8.06% | 54.48% |
Other | 0.00% | -63.70% | 102.57% | 52.78% |
Convertible Bonds | 0.00% | 0.00% | 17.89% | 94.60% |
Bond Sector Breakdown
Weighting | Return Low | Return High | TNHCX % Rank | |
---|---|---|---|---|
Corporate | 97.31% | 0.00% | 129.69% | 25.50% |
Cash & Equivalents | 10.83% | 0.00% | 49.49% | 9.26% |
Derivative | 0.00% | -15.04% | 42.26% | 42.44% |
Securitized | 0.00% | 0.00% | 97.24% | 58.42% |
Municipal | 0.00% | 0.00% | 4.66% | 25.50% |
Government | 0.00% | 0.00% | 99.07% | 46.37% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | TNHCX % Rank | |
---|---|---|---|---|
US | 96.59% | -3.13% | 129.21% | 17.75% |
Non US | 0.00% | 0.00% | 97.33% | 52.31% |
TNHCX - Expenses
Operational Fees
TNHCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.51% | 0.04% | 31.61% | 21.91% |
Management Fee | 0.60% | 0.00% | 1.84% | 61.38% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 25.63% |
Administrative Fee | 0.15% | 0.00% | 0.50% | 70.31% |
Sales Fees
TNHCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 2.50% | 2.25% | 5.75% | 91.00% |
Deferred Load | N/A | 1.00% | 5.00% | 26.03% |
Trading Fees
TNHCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 8.16% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
TNHCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 39.00% | 1.00% | 255.00% | 15.62% |
TNHCX - Distributions
Dividend Yield Analysis
TNHCX | Category Low | Category High | TNHCX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.97% | 0.00% | 35.52% | 41.10% |
Dividend Distribution Analysis
TNHCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
TNHCX | Category Low | Category High | TNHCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.49% | -2.39% | 14.30% | 44.27% |
Capital Gain Distribution Analysis
TNHCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 29, 2024 | $0.042 | OrdinaryDividend |
Jan 31, 2024 | $0.051 | OrdinaryDividend |
Dec 14, 2023 | $0.039 | OrdinaryDividend |
Nov 30, 2023 | $0.045 | OrdinaryDividend |
Oct 31, 2023 | $0.048 | OrdinaryDividend |
Sep 29, 2023 | $0.041 | OrdinaryDividend |
Aug 31, 2023 | $0.043 | OrdinaryDividend |
Jul 31, 2023 | $0.044 | OrdinaryDividend |
Jun 30, 2023 | $0.040 | OrdinaryDividend |
May 31, 2023 | $0.044 | OrdinaryDividend |
Apr 28, 2023 | $0.040 | OrdinaryDividend |
Mar 31, 2023 | $0.045 | OrdinaryDividend |
Feb 28, 2023 | $0.037 | OrdinaryDividend |
Jan 31, 2023 | $0.037 | OrdinaryDividend |
Dec 14, 2022 | $0.045 | OrdinaryDividend |
Nov 30, 2022 | $0.040 | OrdinaryDividend |
Oct 31, 2022 | $0.040 | OrdinaryDividend |
Sep 30, 2022 | $0.036 | OrdinaryDividend |
Aug 31, 2022 | $0.037 | OrdinaryDividend |
Jul 29, 2022 | $0.040 | OrdinaryDividend |
Jun 30, 2022 | $0.036 | OrdinaryDividend |
May 31, 2022 | $0.038 | OrdinaryDividend |
Apr 29, 2022 | $0.035 | OrdinaryDividend |
Mar 31, 2022 | $0.040 | OrdinaryDividend |
Feb 28, 2022 | $0.031 | OrdinaryDividend |
Jan 31, 2022 | $0.050 | OrdinaryDividend |
Nov 30, 2021 | $0.035 | OrdinaryDividend |
Oct 29, 2021 | $0.037 | OrdinaryDividend |
Sep 30, 2021 | $0.034 | OrdinaryDividend |
Aug 31, 2021 | $0.035 | OrdinaryDividend |
Jul 30, 2021 | $0.037 | OrdinaryDividend |
Jun 30, 2021 | $0.035 | OrdinaryDividend |
May 27, 2021 | $0.038 | OrdinaryDividend |
Apr 30, 2021 | $0.035 | OrdinaryDividend |
Mar 31, 2021 | $0.041 | OrdinaryDividend |
Feb 26, 2021 | $0.033 | OrdinaryDividend |
Jan 29, 2021 | $0.061 | OrdinaryDividend |
Dec 14, 2020 | $0.017 | OrdinaryDividend |
Nov 30, 2020 | $0.039 | OrdinaryDividend |
Oct 30, 2020 | $0.039 | OrdinaryDividend |
Sep 30, 2020 | $0.038 | OrdinaryDividend |
Aug 31, 2020 | $0.038 | OrdinaryDividend |
Jul 31, 2020 | $0.041 | OrdinaryDividend |
Jun 30, 2020 | $0.039 | OrdinaryDividend |
May 29, 2020 | $0.041 | OrdinaryDividend |
Apr 30, 2020 | $0.038 | OrdinaryDividend |
Mar 31, 2020 | $0.044 | OrdinaryDividend |
Feb 28, 2020 | $0.037 | OrdinaryDividend |
Jan 31, 2020 | $0.070 | OrdinaryDividend |
Dec 13, 2019 | $0.012 | OrdinaryDividend |
Nov 27, 2019 | $0.041 | OrdinaryDividend |
Oct 31, 2019 | $0.042 | OrdinaryDividend |
Sep 30, 2019 | $0.040 | OrdinaryDividend |
Aug 30, 2019 | $0.041 | OrdinaryDividend |
Jul 31, 2019 | $0.042 | OrdinaryDividend |
Dec 13, 2018 | $0.006 | OrdinaryDividend |
Dec 14, 2017 | $0.001 | OrdinaryDividend |
Dec 16, 2016 | $0.001 | OrdinaryDividend |
TNHCX - Fund Manager Analysis
Managers
Kenneth Kozlowski
Start Date
Tenure
Tenure Rank
Nov 12, 2014
7.55
7.6%
Kenneth T. Kozlowski, CFP, CLU, ChFC, is the lead portfolio manager and Chief Investment Officer for EIMG LLC. Mr. Kozlowski is a Managing Director of Equitable Life Insurance Company (“Equitable”) and has served as Executive Vice President and Chief Investment Officer of EIMG LLC since June 2012. He has had primary responsibility for the asset allocation, fund selection and rebalancing of Equitable’s funds-of-funds since 2003.
Alwi Chan
Start Date
Tenure
Tenure Rank
Nov 12, 2014
7.55
7.6%
Alwi Chan, CFA is a Vice President of the Trusts and member of each Trust’s Valuation Committee. He has served as a Lead Director of AXA Equitable and Senior Vice President and Deputy Chief Investment Officer of FMG LLC since June 2012. Mr. Chan assists in portfolio analysis, rebalancing and fund selection. Mr. Chan earned a Bachelor’s degree in Economics from Trisakti University (Indonesia) and an MBA from Tulane University. Mr. Chan holds the Chartered Financial Analyst (CFA) designation.
Robert Houle
Start Date
Tenure
Tenure Rank
Mar 01, 2018
4.25
4.3%
Rob is a Portfolio Manager/ Analyst within the US High Yield team, a role he has held since 2008. In addition to managing core high yield portfolios, he is also responsible for research coverage of the basic industry sector. Rob joined AXA IM in 2005 as a US High Yield Credit Analyst. Before joining AXA IM, he was a Trader for three years on the institutional equity trading desk at Lehman Brothers where he traded energy related stocks. Robert holds a Bachelor’s degree in Economics and Psychology from Williams College; and is also a CFA charterholder.
Michael Graham
Start Date
Tenure
Tenure Rank
Aug 03, 2021
0.82
0.8%
Michael is a Portfolio Manager within the US high yield team in fixed income, responsible for managing core strategies, a role he has held since 2010. In addition, he is responsible for covering the energy sector research, a responsibility he has held since joining AXA IM in 2007. Prior to AXA IM, he was an Analyst for two years in the fixed income division of Bear Stearns, where he performed financial analyses and quantitative support for the Public Power group. Michael holds a Bachelor’s degree in Economics from Williams College; and he is also a CFA charterholder
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.13 | 37.79 | 7.12 | 8.17 |