1290 Multi-Alternative Strategies Fund Class A logo

1290 Multi-Alternative Strategies Fund Class A (TNMAX)

Market Closed
14 Aug, 20:00
NASDAQ NASDAQ
$
11. 56
+0.03
+0.2602%
$
- Market Cap
1.09% Div Yield
0 Volume
$ 11.53
Previous Close
Add Transaction
Day Range
11.56 11.56
Year Range
10.02 11.61
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Summary

TNMAX closed today higher at $11.56, an increase of 0.2602% from yesterday's close, completing a monthly increase of 2.6643% or $0.3. Over the past 12 months, TNMAX stock gained 10.3053%.
TNMAX pays dividends to its shareholders, with the most recent payment made on Dec 13, 2024. The next estimated payment will be in 8 months ago on Dec 13, 2025 for a total of $0.125.
The stock of the company had never split.
The company's stock is traded on one exchange.

TNMAX Chart

1290 Multi-Alternative Strategies Fund Class A (TNMAX) FAQ

What is the stock price today?

The current price is $11.56.

On which exchange is it traded?

1290 Multi-Alternative Strategies Fund Class A is listed on NASDAQ.

What is its stock symbol?

The ticker symbol is TNMAX.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 1.09%.

What is its market cap?

As of today, no market cap data is available.

Has 1290 Multi-Alternative Strategies Fund Class A ever had a stock split?

No, there has never been a stock split.

1290 Multi-Alternative Strategies Fund Class A Profile

NASDAQ Exchange
United States Country

Overview

This company functions as an investment fund that primarily focuses on allocating its resources into exchange-traded securities of other investment companies or investment vehicles, encompassing various asset categories and innovative strategies. It is devoted to achieving its investment objective by carefully selecting and investing in a diversified portfolio of Underlying ETFs (Exchange-Traded Funds) that predominantly concentrate on non-traditional or alternative asset categories and strategies. The fund operates under normal market conditions, directing substantially all its assets towards these Underlying ETFs to ensure a broad exposure across multiple alternative asset categories and strategies, aiming for diversified investment opportunities.

Products and Services

  • Allocation in Underlying ETFs:

    The primary service offered involves the strategic allocation of assets into Underlying ETFs that focus on non-traditional or alternative asset categories and strategies. This is designed to provide investors with a diversified exposure to various investment opportunities, which can potentially enhance portfolio returns while managing risk levels.

  • Investment in Exchange-Traded Securities:

    Another core aspect of the fund's strategy is investing in exchange-traded securities of other investment companies or vehicles. This allows the fund to benefit from the varied asset categories and strategies these companies or vehicles pursue, contributing to the fund's goal of achieving a diversified and robust investment portfolio.

  • Diversified Exposure across Multiple Alternative Asset Categories and Strategies:

    The fund seeks to diversify its investment across a wide range of alternative asset categories and strategies through its Underlying ETFs. This approach is aimed at enhancing the potential for returns while mitigating risks associated with single-market or strategy exposure. It reflects the fund's commitment to offering innovative investment solutions to its clients.

Contact Information

Address: New York, NY 10104
Phone: (212) 554-1234