1290 High Yield Fund Quote

TNHCX Fund  USD 8.40  0.00  0.00%   

Performance

10 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 38

 
100  
 
Zero
Below Average
1290 High is trading at 8.40 as of the 28th of March 2024; that is No Change since the beginning of the trading day. The fund's open price was 8.4. 1290 High has about a 38 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. Equity ratings for 1290 High Yield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of July 2023 and ending today, the 28th of March 2024. Click here to learn more.
Normally, the fund invests at least 80 percent of its net assets, plus borrowings for investment purposes, in a broad range of high-yield, below investment-grade bonds. 1290 High is traded on NASDAQ Exchange in the United States. More on 1290 High Yield

Moving together with 1290 Mutual Fund

  0.68VWEAX Vanguard High-yieldPairCorr
  0.68VWEHX Vanguard High-yieldPairCorr
  0.63BHYCX Blackrock Hi YldPairCorr
  0.62BHYSX Blackrock Hi YldPairCorr
  0.61BHYAX Blackrock High YieldPairCorr

1290 Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. 1290 High's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding 1290 High or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationHigh Yield Bond, 1290 Funds (View all Sectors)
Update Date31st of March 2024
1290 High Yield [TNHCX] is traded in USA and was established 28th of March 2024. The fund is listed under High Yield Bond category and is part of 1290 Funds family. This fund at this time has accumulated 33.81 M in assets with no minimum investment requirements1290 High Yield is currently producing year-to-date (YTD) return of 1.52% with the current yeild of 0.0%, while the total return for the last 3 years was 2.33%.
Check 1290 High Probability Of Bankruptcy

Instrument Allocation

1290 High Yield Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. 1290 High market risk premium is the additional return an investor will receive from holding 1290 High long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in 1290 High. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although 1290 High's alpha and beta are two of the key measurements used to evaluate 1290 High's performance over the market, the standard measures of volatility play an important role as well.

1290 High Against Markets

Picking the right benchmark for 1290 High mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in 1290 High mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for 1290 High is critical whether you are bullish or bearish towards 1290 High Yield at a given time. Please also check how 1290 High's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in 1290 High without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy 1290 Mutual Fund?

Before investing in 1290 High, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in 1290 High. To buy 1290 High fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of 1290 High. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase 1290 High fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located 1290 High Yield fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased 1290 High Yield fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as 1290 High Yield, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in 1290 High Yield?

The danger of trading 1290 High Yield is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of 1290 High is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than 1290 High. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile 1290 High Yield is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 1290 High Yield. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the 1290 High Yield information on this page should be used as a complementary analysis to other 1290 High's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running 1290 High's price analysis, check to measure 1290 High's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 1290 High is operating at the current time. Most of 1290 High's value examination focuses on studying past and present price action to predict the probability of 1290 High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1290 High's price. Additionally, you may evaluate how the addition of 1290 High to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between 1290 High's value and its price as these two are different measures arrived at by different means. Investors typically determine if 1290 High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1290 High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.