1290 Multi-Alternative Strategies Fund Class R logo

1290 Multi-Alternative Strategies Fund Class R (TNMRX)

Market Closed
13 Aug, 20:00
NASDAQ NASDAQ
$
11. 46
-0.01
-0.0872%
$
- Market Cap
1% Div Yield
0 Volume
$ 11.47
Previous Close
Add Transaction
Day Range
11.46 11.46
Year Range
9.96 11.55
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Summary

TNMRX closed today lower at $11.46, a decrease of -0.0872% from yesterday's close, completing a monthly increase of 2.3214% or $0.26. Over the past 12 months, TNMRX stock gained 9.7701%.
TNMRX 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 $0.102.
The stock of the company had never split.
The company's stock is traded on one exchange.

TNMRX Chart

1290 Multi-Alternative Strategies Fund Class R (TNMRX) FAQ

What is the stock price today?

The current price is $11.46.

On which exchange is it traded?

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

What is its stock symbol?

The ticker symbol is TNMRX.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 1%.

What is its market cap?

As of today, no market cap data is available.

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

No, there has never been a stock split.

1290 Multi-Alternative Strategies Fund Class R Profile

NASDAQ Exchange
United States Country

Overview

This company is an investment fund that focuses on non-traditional or alternative asset categories and strategies. Utilizing a diverse range of exchange-traded securities from other investment companies or vehicles, the fund aims to achieve its investment objective by primarily allocating its assets to Underlying ETFs (Exchange-Traded Funds) that specialize in these alternative areas. Operating under normal market conditions, the firm is committed to substantial investment in Underlying ETFs, striving for diversified exposure across multiple alternative asset categories and strategies to potentially enhance its portfolio's growth and risk management.

Products and Services

  • Investment in Underlying ETFs:

    The core of the company's service offerings revolves around investing a significant portion of its assets in Underlying ETFs. These ETFs are selected based on their focus on non-traditional or alternative asset categories and strategies. This approach allows the fund to tap into a diversified pool of alternative investments, ranging from real estate and commodities to hedge fund strategies and private equity, without directly investing in these markets. The objective is to provide investors with a unique mix of growth, income, and diversification opportunities beyond conventional stock and bond investments.

  • Diversified Exposure across Alternative Asset Categories:

    Aiming for broad diversification, the fund carefully allocates its investments among various Underlying ETFs to ensure a widespread exposure across numerous alternative asset categories and strategies. This diversified exposure is designed to minimize risks associated with specific investments or markets by spreading potential risks across a wider array of alternatives. The fund seeks to take advantage of the potentially different market cycles and investment dynamics present within alternative asset categories, potentially enhancing portfolio performance while attempting to control volatility.

Contact Information

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