1290 Retirement Funds


Fund objective

The Funds seek the highest total return over time consistent with its asset mix while managing portfolio volatility. Total return includes capital growth and income.

Take aim at your personal
retirement target date
with the help of a guided
risk-management discipline

When you can clearly see the target, your retirement planning will start falling into sharper focus.

To help you, Equitable Investment Management, LLC (EIM) offers the 1290 Retirement Funds, a series of mutual funds with specific retirement target dates and a guided risk-management discipline. Each Fund has a built-in allocation glide-path that seeks to anticipate your risk tolerance at different stages of life. The Fund's investments in underlying exchange traded securities and other investment vehicles ("Underlying ETFs") are then adjusted to maintain an age-appropriate balance between seeking capital growth and capital preservation.

You make one decision - to purchase the Fund that best corresponds to your target date. Thereafter, the risk-management discipline takes over to help you simplify investing — all the way to retirement and beyond.

Each of the eight 1290 Retirement Funds features:

  • A specific retirement target date. Target dates are at five-year intervals, so you can choose the one closest to the date you expect to start retirement – from 2020 to 2055.
  • Instant diversification. To keep your holdings well diversified, each Fund includes a mix of Underlying ETFs in varying asset classes. While diversification doesn't assure a profit or protect against loss, it can help to smooth ups and downs in portfolio performance.
  • Rebalancing. The portfolio manager aims to keep holdings aligned with model asset class weights, which reflect the Fund’s risk management discipline. When holdings diverge from these weights, the manager brings them back into alignment. This helps to keep your asset allocation and risk-management discipline current through changing markets.
  • Familiar underlying investments. The Fund invests in Underlying ETFs, each of which is carefully selected and monitored by the adviser, Equitable Investment Management. These securities, which are familiar to many investors, offer the liquidity of daily pricing and trading on public markets.
  • Volatility Managed Underlying Holdings. Some Underlying ETFs in which the Fund invests emphasize price volatility management.

How the Fund invests

The Funds invest in Underlying ETFs, which represent a variety of asset classes. The Funds are managed to target the specific year of planned retirement (the “retirement year” or “target year”) in five year increments from 2020 to 2055. The retirement year also assumes that an investor retires at age 65; however, the Fund should not be selected solely on the basis of an investor’s age or the target year. The Fund’s asset mix will become more conservative each year until reaching the year approximately 10 years after the retirement year at which time it is intended that the asset mix will become relatively stable. The Fund balances the need for appreciation with the need for income as retirement approaches, and focuses on supporting an income stream over a long-term retirement withdrawal horizon. The Fund is not designed for a lump sum redemption at the target year and does not guarantee a particular level of income. The Fund maintains significant allocations to equities both prior to and after the target year and is generally expected to reach its most conservative allocation 10 years after the target year.

Fund details

*Read the Prospectus for more information

Status Ticker CUSIP ISIN
1290 Retirement 2020 Fund Open TNIIX 68259P 307 US68259P3073
1290 Retirement 2025 Fund Open TNJIX 68259P 703 US68259P7033
1290 Retirement 2030 Fund Open TNKIX 68259P 869 US68259P8692
1290 Retirement 2035 Fund Open TNLIX 68259P 828 US68259P8288
1290 Retirement 2040 Fund Open TNNIX 68259P 778 US68259P7785
1290 Retirement 2045 Fund Open TNOIX 68259P 737 US68259P7371
1290 Retirement 2050 Fund Open TNWIX 68259P 687 US68259P6878
1290 Retirement 2055 Fund Open TNQIX 68259P 646 US68259P6464
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Investment minimum*

$1,000,000 for certain institutions and individuals

• $1,000 for certain employees (or their immediate family members) of Equitable Financial or its subsidiaries

• Class I shares are available to clients of registered investment advisers who have $250,000 invested in the Fund

• No minimum investment for a wrap account client of an eligible broker-dealer or a client of a fee-based planner that is unaffiliated with a broker-dealer

Portfolio managers


Top 15 holdings

Security Weight %

The top holdings listed exclude cash and cash equivalents. Holdings are subject to change. The holdings listed should not be considered recommendations to purchase or sell a particular security.

1quarter holdings are based on the fiscal year


Daily performance as of

Total returns
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Monthly performance as of

Total returns
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Quarterly performance as of

Total returns
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Performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance data may be higher or lower than actual data quoted. For the most current month-end performance data please call (855) 379-9186.

One cannot invest directly in an index.

Returns for periods of less than one year are not annualized.

1Fund inception date of Febuary 27, 2017.

2The S&P Target Date® Index Series comprises eleven multi-asset class indices, each corresponding to a particular target retirement date. The asset allocation for each index in the series is determined once a year through survey of large fund management companies that offer target date products. Each index is fully investable, with varying levels of exposure to equities, fixed income and commodities.

Expense ratios as of

Fund Gross expense ratio Net expense ratio3
1290 Retirement 2020 Fund - Class I shares
1290 Retirement 2025 Fund - Class I shares
1290 Retirement 2030 Fund - Class I shares
1290 Retirement 2035 Fund - Class I shares
1290 Retirement 2040 Fund - Class I shares
1290 Retirement 2045 Fund - Class I shares
1290 Retirement 2050 Fund - Class I shares
1290 Retirement 2055 Fund - Class I shares

3Pursuant to a contract, Equitable Investment Management, LLC (the “Adviser”) has agreed to make payments or waive its and its affiliates’ management, administrative and other fees to limit the expenses of the Fund through April 30, 2025 (unless the Board of Trustees consents to an earlier revision or termination of this arrangement) (“Expense Limitation Arrangement”) so that the annual operating expenses (including Acquired Fund Fees and Expenses) of the Fund (exclusive of taxes, interest, brokerage commissions, capitalized expenses (other than offering costs), 12b-1 fees, dividend and interest expenses on securities sold short, and extraordinary expenses not incurred in the ordinary course of the Fund’s business) do not exceed an annual rate of average daily net assets of 0.65% for Class A shares, Class T shares, Class I shares, and Class R shares of the Fund. The Expense Limitation Arrangement may be terminated by the Adviser at any time after April 30, 2025. The Adviser may be reimbursed the amount of any such payments or waivers in the future provided that the payments or waivers are reimbursed within three years of the payments or waivers being recorded and the Fund’s expense ratio, after the reimbursement is taken into account, does not exceed the Fund’s expense cap at the time of the waiver or the Fund’s expense cap at the time of the reimbursement, whichever is lower. The total annual fund operating expense ratios after fee waiver and/or expense reimbursement for Class A shares, Class T shares, and Class R shares, as shown in the table, are higher than the Fund’s expense cap because these ratios include 12b-1 fees and certain other expenses, as noted above, that are excluded from the Expense Limitation Arrangement.


Print Distributions
Class Record date Ex-date Payable date Ordinary income Short-term capital gain Long-term capital gain Total
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Distributions data is unavailable at this time.
Fund resources

The Retirement Date Funds are subject to the following risks: Market. The Fund is subject to the risk that the securities markets will move down, sometimes rapidly and unpredictably, based on overall economic conditions and other factors, which may negatively affect Fund performance. The value of a security can be more volatile than the market as a whole and can perform differently from the market as a whole. Any issuer of securities may perform poorly, causing the value of its securities to decline. Poor performance may be caused by a variety of factors. Asset Allocation. The Fund’s investment performance depends upon how its assets are allocated across various asset classes and how its assets are invested within those asset classes. Target Date. The Fund does not provide guaranteed income or payouts to an investor at or after the target year. An investment in the Fund may decline in value and will not ensure that an investor will have assets sufficient to cover retirement expenses or that an investor will have enough saved to be able to retire in, or within a few years of, the target year identified in the Fund's name. Equity. In general, the values of stocks and other equity securities may fluctuate, sometimes widely fluctuate, in response to changes in a company's financial condition as well as general market, economic and political conditions and other factors. Interest Rate. Changes in interest rates may affect the yield, liquidity and value of investments in income producing or debt securities. Credit. The Fund is subject to credit risk, the risk that the issuer or guarantor of a fixed income security is unable or unwilling, to make timely interest or principal payments. Foreign Securities. Investments in foreign securities involve risks in addition to those associated with investments in U.S. securities. Foreign markets may be less liquid, more volatile and subject to less government supervision and regulation than U.S. markets. Investments in Underlying ETFs. To the extent a Fund invests in Underlying ETFs, the Fund will be subject to the risks associated with the securities and other investments in which the Underlying ETF invest, as well as the ability of the Fund to meet its investment objective will directly depend on the ability of the Underlying ETFs to meet their investment objective. Portfolio Management. The Fund is subject to the risk that strategies used by an investment manager and its securities selections fail to produce the intended results. Liquidity. From time to time, there may be little or no active trading market for a particular investment in which the Fund may invest or is invested. In such a market, the value of such an investment and the Fund’s share price may fall dramatically. Volatility. In addition, the use of volatility management techniques by the Underlying ETF may limit the Fund's participation in market gains, particularly during periods when market values are increasing, but market volatility is high.


Contact us

Personal investors:
(888) 310-0416

Financial professionals:
(855) 379-9186

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