TNHCX — 1290 High Yield Bond Fund
Data updated: 2026-09-25
TNHCX — 1290 High Yield Bond Fund. Short Corporate Bond · $98.49M AUM · 1.00% expense ratio · 11.0% 1-yr return. Holdings, fees, performance and SEC filings.
TNHCX Fund Overview
TNHCX — 1290 High Yield Bond Fund is a US mutual fund managed by 1290 Funds, categorised as Short Corporate Bond. 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: Short Corporate Bond
- Assets under management: $98.49M
- 1-year return: 11.0%
- Ticker: TNHCX
- SEC CIK: 0001605941
- SEC series ID: S000045911
- Share class ID: C000143082
TNHCX Investment Objective and Strategy
1290 High Yield Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by 1290 Funds.
Investment objective
Seeks to maximize current income.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets, plus borrowings for investment purposes, in a broad range of high-yield, below investment-grade bonds. For purposes of this investment policy, a debt security is considered a bond. Debt securities represent an issuers obligation to repay a loan of money that generally pays interest to the holder. Bank loans, bonds, loan participations, notes and debentures are examples of debt securities. It is 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. Securities below investment grade include those securities that at the time of purchase are rated Ba1 or lower by Moodys Investors Service, Inc. (Moodys), or BB+ or lower by Fitch Ratings Ltd.
(Fitch) or by Standard & Poors Global Ratings (S&P) or, if unrated, deemed to be of comparable quality by the Funds investment adviser, 1290 Asset Managers (the Adviser) or the Funds sub-adviser, AXA Investment Managers, Inc. (AXA IM or the Sub-Adviser). The Fund may invest in debt securities issued by small-, mid- and large- capitalization companies. The Fund may invest up to 25% of its net assets in debt securities of issuers located outside the United States, including emerging markets issuers and U.S. dollar-denominated securities of non-U.S. issuers. The Fund may invest in securities of any maturity because AXA IM places greater emphasis on credit risk in selecting securities than either maturity or duration. Certain debt instruments in which the Fund may invest may be structured as pay-in-kind securities.
The Fund may invest up to 15% of its net assets in illiquid securities. The Fund may also lend its portfolio securities to earn additional income.
TNHCX Holdings
Top 10 holdings of 1290 High Yield Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Invesco Govt And Agcy Lex | 5.35% |
| JPMorgan Prime Money Market Fund | 4.10% |
| Dreyfus Treasury & Agency Lex | 1.62% |
| Summit Midstream Holdings LLC | 1.05% |
| Aramark Services, Inc. | 1.04% |
| Caesars Entertainment, Inc. | 0.99% |
| Mauser Packaging Solutions Holding Co. | 0.95% |
| NGL Energy Operating LLC | 0.93% |
| Tfdxx Lex Blackrock Fed Fund | 0.91% |
| RB Global Holdings, Inc. | 0.87% |
TNHCX Portfolio Allocation
Asset-class allocation of 1290 High Yield Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 93.7% |
| Cash & Equivalents | 12.1% |
TNHCX Performance
Total returns for TNHCX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 11.0% |
| 3 years (annualised) | 2.5% |
| 5 years (annualised) | 4.2% |
TNHCX Risk Information
Risk metrics for TNHCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.0%
TNHCX Costs and Fees
TNHCX costs about $100 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.00%
- Gross expense ratio: 1.51%
- Portfolio turnover: 37%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
TNHCX Cashflows
Over the 12 months to 2026-04, 1290 High Yield Bond Fund had net inflows of $7.93M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $558.45K |
| 2026-03 | −$34.53K |
| 2026-02 | $1.25M |
| 2026-01 | $898.82K |
| 2025-12 | $623.73K |
| 2025-11 | −$2.98M |
TNHCX Debt Constituents
Largest debt holdings of 1290 High Yield Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Summit Midstream Holdings LLC | 1.05% |
| Aramark Services, Inc. | 1.04% |
| Caesars Entertainment, Inc. | 0.99% |
| Mauser Packaging Solutions Holding Co. | 0.95% |
| NGL Energy Operating LLC | 0.93% |
| RB Global Holdings, Inc. | 0.87% |
| Neptune Bidco US, Inc. | 0.81% |
| Veritiv Operating Co. | 0.79% |
| Cloud Software Group LLC | 0.79% |
| UKG, Inc. | 0.78% |
TNHCX Prospectus and SEC Filings
Official 1290 High Yield Bond 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 Short Corporate Bond 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.