Expense Ratio History

TNMAX expense ratio history

1290 Multi-Alternative Strategies Fund, Class A

Fund company
1290
Type
Mutual fund

2.15%

In basis points
215 basis points
Yearly cost per $10,000
$215
Prospectus dated
1 March 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 2.30% on 1 March 2026

Fee over time

TNMAX expense ratio: 1.81% until 1 Mar 2016, then 3.01%; 3.01% until 1 Mar 2017, then 3.14%; 3.14% until 1 Mar 2018, then 2.72%; 2.72% until 1 Mar 2019, then 2.41%; 2.41% until 1 Mar 2020, then 2.52%; 2.52% until 1 Mar 2021, then 2.43%; 2.43% until 1 Mar 2022, then 2.25%; 2.25% until 1 Mar 2023, then 2.31%; 2.31% until 1 Mar 2024, then 2.46%; 2.46% until 1 Mar 2025, then 2.30%; 2.30% until 1 Mar 2026, then 2.15%; read at 2.15% on 1 Mar 2026.0.00%2.00%4.00%6.00%Jun 2015Apr 2017Feb 2019Dec 2020Oct 2022Aug 20241.81% before2.15% from 1 Mar 2026
TNMAX expense ratio: 1.81% until 1 Mar 2016, then 3.01%; 3.01% until 1 Mar 2017, then 3.14%; 3.14% until 1 Mar 2018, then 2.72%; 2.72% until 1 Mar 2019, then 2.41%; 2.41% until 1 Mar 2020, then 2.52%; 2.52% until 1 Mar 2021, then 2.43%; 2.43% until 1 Mar 2022, then 2.25%; 2.25% until 1 Mar 2023, then 2.31%; 2.31% until 1 Mar 2024, then 2.46%; 2.46% until 1 Mar 2025, then 2.30%; 2.30% until 1 Mar 2026, then 2.15%; read at 2.15% on 1 Mar 2026.0.00%2.00%4.00%6.00%Jun 2015Feb 2019Oct 20221.81% before2.15% from 1 Mar 2026
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 4 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
TNMAX (this page) Class A 2.15% 1.53% 1 Mar 2026
TNMIX Class I 1.90% 1.28% 1 Mar 2026
TNMRX Class R 2.39% 1.78% 1 Mar 2026
— — 2.48% 1.55% 1 Mar 2024

Every figure we've recorded

DateFeeWhat happened
1 Mar 2026 2.15% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2026 2.15% Cut from 2.30% to 2.15%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2026-02-24
1 Mar 2025 2.30% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2025 2.30% Cut from 2.46% to 2.30%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-02-25
1 Mar 2024 2.46% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2024 2.46% Raised from 2.31% to 2.46%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-02-22
1 Mar 2023 2.31% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2023 2.31% Raised from 2.25% to 2.31%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-02-23
1 Mar 2022 2.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2022 2.25% Cut from 2.43% to 2.25%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-02-24
1 Mar 2021 2.43% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-03-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Mar 2021 2.43% Cut from 2.52% to 2.43%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2021-10-01
1 Mar 2020 2.52% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2020 2.52% Raised from 2.41% to 2.52%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-03-19
1 Mar 2019 2.41% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2019 2.41% Cut from 2.72% to 2.41%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-03-14
1 Mar 2018 2.72% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2018 2.72% Cut from 3.14% to 2.72%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-03-12
1 Mar 2017 3.14% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2017 3.14% Raised from 3.01% to 3.14%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-03-17
1 Mar 2016 3.01% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-03-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Mar 2016 3.01% Raised from 1.81% to 3.01%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2016-05-02
1 Jul 2015 1.81% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-07-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 2.15% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$2,503 in fees over 10 years

After fees, $10,000 grows to $13,176.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$220
3 years$680
5 years$1,165
10 years$2,503

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 12 prospectuses for this share class since 2015. Each one is listed above with a link to the filing.

How we read fees

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