1290 High is trading at 8.59 as of the 27th of November 2024; that is 0.12 percent decrease since the beginning of the trading day. The fund's open price was 8.6. 1290 High has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for 1290 High Yield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of September 2024 and ending today, the 27th of November 2024. Click here to learn more.
Normally, the fund invests at least 80 percent 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.. More on 1290 High Yield
1290 High Yield [TNHIX] is traded in USA and was established 27th of November 2024. 1290 High is listed under 1290 Funds category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of 1290 Funds family. This fund at this time has accumulated 60.45 M in assets with minimum initial investment of 1000 K. 1290 High Yield is currently producing year-to-date (YTD) return of 8.11% with the current yeild of 0.0%, while the total return for the last 3 years was 3.5%.
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Other Information on Investing in 1290 Mutual Fund
1290 High financial ratios help investors to determine whether 1290 Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 1290 with respect to the benefits of owning 1290 High security.