1290 SmartBeta Equity Fund Class I (TNBIX)
1290 SmartBeta Equity Fund Class I operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $21.86, up 0.00% on the session, giving a market capitalisation of $285.4M. On trailing twelve-month figures it carries a trailing P/E of 4.90, a net margin of 1573.5%. Its beta of 0.79 implies it has historically moved less than the broad market.
Under typical market conditions, the fund commits at least 80% of its net assets, along with any capital obtained through borrowing for investment purposes, to equity securities. Its primary focus is on shares of companies based in the United States and those operating in established international markets. The range of equity investments permitted includes common shares, preferred shares, warrants, American Depositary Receipts (ADRs), and other similar financial instruments.
1290 SmartBeta Equity Fund Class I is most often compared with the following Financial Services names: