TNBCX — 1290 SmartBeta Equity Fund
Data updated: 2026-09-25
TNBCX — 1290 SmartBeta Equity Fund. Global (incl. US) Large Cap Blend / Core Equity · $290.52M AUM. Holdings, fees, performance and SEC filings.
TNBCX Fund Overview
TNBCX — 1290 SmartBeta Equity Fund is a US mutual fund managed by 1290 Funds, categorised as Global (incl. US) Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: 1290 Funds
- Category: Global (incl. US) Large Cap Blend / Core Equity
- Assets under management: $290.52M
- 1-year return: 17.1%
- Ticker: TNBCX
- SEC CIK: 0001605941
- SEC series ID: S000045912
- Share class ID: C000143085
TNBCX Investment Objective and Strategy
1290 SmartBeta Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by 1290 Funds.
Investment objective
Seeks to achieve long-term capital appreciation.
Principal investment strategy
Under normal market conditions, the Fund invests at least 80% of its net assets, plus borrowings for investment purposes, in equity securities. The Fund invests primarily in equity securities of U.S. companies and foreign companies in developed markets. The Fund may invest in large-, mid- and small-capitalization companies and will be broadly diversified across companies and industries. Equity securities in which the Fund may invest include common stocks, preferred stocks, warrants, American Depositary Receipts and similar instruments. AXA Rosenberg Investment Management LLC (Rosenberg Equities or the Sub-Adviser) believes that investing in equity markets using a traditional indexing approach exposes an investor to general market risk, including concentration in the largest capitalization securities in the applicable index, volatility and unpredictable earnings that, over a market cycle, do not necessarily provide optimal returns.
In the Sub-Advisers view, market return, or beta, can be achieved with less exposure to general market risk. The Funds SmartBeta Equity strategy seeks to achieve, over a full market cycle, above-market returns with less volatility compared to the equity markets as a whole. Generally, a full market cycle consists of a period of increasing stock prices and strong performance (a bull market) followed by a period of weak performance and falling prices (a bear market), and a return to a bull market. The Funds strategy differs from a traditional indexing approach under which a fund generally invests in all or a representative sample of the securities in the applicable index and weights those securities according to their market capitalization weightings. In constructing the Funds portfolio, the Sub-Adviser begins with a universe of global developed market equity securities.
The Sub-Adviser then uses computer-aided quantitative analysis to identify securities for investment. This is accomplished through the application of proprietary filters that interact to analyze individual issuer data for such risk factors as lower earnings quality, higher price volatility, speculation and distress. Those securities that pass the filters are assigned a preliminary weighting in the Fund. The Sub-Adviser next applies a proprietary diversification methodology that is designed to produce a weighting scheme that reduces concentration risk by applying a greater level of diversification to the largest securities (by market capitalization) that progressively lessens with smaller capitalization companies. The Sub-Adviser also integrates Environmental, Social and Governance (ESG) filters into its portfolio construction process based on the Sub-Advisers proprietary ESG framework and corresponding scoring that seeks to identify the most material ESG issues and weights these to reflect the different ESG sensitivities of different market sectors.
The Sub-Adviser may apply this investment selection process to invest in emerging market equity securities. The Sub-Adviser may sell a security for a variety of reasons, such as if its fundamentals no longer meet the Sub-Advisers criteria, to secure gains, limit losses, or redeploy assets into securities believed to offer superior investment opportunities. The Fund may also lend its portfolio securities to earn additional income.
TNBCX Holdings
Top 10 holdings of 1290 SmartBeta Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Apple, Inc. | 4.39% |
| NVIDIA Corp. | 4.33% |
| Microsoft Corp. | 3.52% |
| Alphabet, Inc. | 3.51% |
| Amazon.com, Inc. | 2.00% |
| Broadcom, Inc. | 1.50% |
| Visa, Inc. | 1.36% |
| JPMorgan Prime Money Market Fund | 1.35% |
| Costco Wholesale Corp. | 1.15% |
| Coca-Cola Co. (The) | 1.14% |
TNBCX Portfolio Allocation
Asset-class allocation of 1290 SmartBeta Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.4% |
| Cash & Equivalents | 1.5% |
TNBCX Performance
Total returns for TNBCX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 17.1% |
| 3 years (annualised) | 6.3% |
| 5 years (annualised) | 10.4% |
TNBCX Risk Information
Risk metrics for TNBCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.5%
TNBCX Costs and Fees
TNBCX costs about $110 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.10%
- Gross expense ratio: 1.41%
- Portfolio turnover: 33%
- Brokerage commissions: 0.68 bps of average net assets (SEC N-CEN)
TNBCX Cashflows
Over the 12 months to 2026-04, 1290 SmartBeta Equity Fund had net inflows of $33.55M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $2.53M |
| 2026-03 | −$14.42M |
| 2026-02 | $3.09M |
| 2026-01 | $1.85M |
| 2025-12 | $14.95M |
| 2025-11 | $892.11K |
TNBCX Debt Constituents
No individual debt constituents are reported in 1290 SmartBeta Equity Fund's latest SEC N-PORT filing.
TNBCX Prospectus and SEC Filings
Official 1290 SmartBeta Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-24
- Prospectus (485BPOS) — filed 2025-02-25
- Prospectus (485BPOS) — filed 2024-02-22
- Portfolio holdings (N-PORT) — filed 2026-09-25
- Portfolio holdings (N-PORT) — filed 2026-06-25
- Portfolio holdings (N-PORT) — filed 2026-03-25
- Annual census (N-CEN) — filed 2026-01-05
- Annual census (N-CEN) — filed 2025-01-10
Related Funds
Other Global (incl. US) Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.