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        <balance>55090.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2766068.90000000</valUSD>
        <pctVal>14.15642446592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NYLI Merger Arbitrage ETF</name>
        <lei>549300Q7XHADH3DHV187</lei>
        <title>NYLI Merger Arbitrage ETF</title>
        <cusip>45409B800</cusip>
        <identifiers>
          <isin value="US45409B8000"/>
        </identifiers>
        <balance>89770.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3101553.50000000</valUSD>
        <pctVal>15.87339630251</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iShares Core U.S. REIT ETF</name>
        <lei>5493007O5MQ5SB3U7346</lei>
        <title>iShares Core U.S. REIT ETF</title>
        <cusip>464288521</cusip>
        <identifiers>
          <isin value="US4642885218"/>
        </identifiers>
        <balance>21720.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1215016.80000000</valUSD>
        <pctVal>6.218317104837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iShares Convertible Bond ETF</name>
        <lei>5493009GXGY863LN1X56</lei>
        <title>iShares Convertible Bond ETF</title>
        <cusip>46435G102</cusip>
        <identifiers>
          <isin value="US46435G1022"/>
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        <balance>35030.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2969142.80000000</valUSD>
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        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>iMGP DBi Managed Futures Strategy ETF</name>
        <lei>5493001M6OM3MQRFQ366</lei>
        <title>iMGP DBi Managed Futures Strategy ETF</title>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2245361.40000000</valUSD>
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        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMorgan Equity Premium Income ETF</name>
        <lei>549300WPLSUZ3ZNSFP07</lei>
        <title>JPMorgan Equity Premium Income ETF</title>
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        <identifiers>
          <isin value="US46641Q3323"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1651023.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Exchange traded fund"/>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-05-30</ncom:dateSigned>
      <ncom:nameOfApplicant>1290 Funds</ncom:nameOfApplicant>
      <ncom:signature>Brian Walsh</ncom:signature>
      <ncom:signerName>Brian Walsh</ncom:signerName>
      <ncom:title>Chief Financial Officer and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
