1290 Diversified Bond Fund Class I (TNUIX)
1290 Diversified Bond Fund Class I operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $8.46, down 0.24% on the session, giving a market capitalisation of $606.5M. Its beta of 1.58 implies it has historically moved more than the broad market.
Under ordinary market conditions, this fund commits at least 80% of its net assets, along with any borrowed capital for investment, to a wide-ranging selection of U.S. and international fixed-income securities. This portfolio includes bonds and other debt instruments possessing diverse maturity periods. Furthermore, the fund may employ other financial instruments to gain exposure to these debt markets, such as derivative contracts like forwards, options, futures agreements, or swaps.
1290 Diversified Bond Fund Class I is most often compared with the following Financial Services names: