Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.0%
1 yr return
10.4%
3 Yr Avg Return
4.0%
5 Yr Avg Return
3.6%
Net Assets
$183 M
Holdings in Top 10
14.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.01%
SALES FEES
Front Load 4.75%
Deferred Load N/A
TRADING FEES
Turnover 41.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TFLAX - Profile
Distributions
- YTD Total Return 2.0%
- 3 Yr Annualized Total Return 4.0%
- 5 Yr Annualized Total Return 3.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.90%
- Dividend Yield 7.5%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameTransamerica Floating Rate
-
Fund Family NameTransamerica
-
Inception DateOct 31, 2013
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJason Felderman
Fund Description
TFLAX - Performance
Return Ranking - Trailing
Period | TFLAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.0% | -0.8% | 5.5% | 56.06% |
1 Yr | 10.4% | -5.7% | 33.5% | 76.52% |
3 Yr | 4.0%* | -5.5% | 9.2% | 65.60% |
5 Yr | 3.6%* | -6.6% | 37.5% | 64.68% |
10 Yr | 3.4%* | -1.9% | 19.3% | 45.76% |
* Annualized
Return Ranking - Calendar
Period | TFLAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.5% | -12.0% | 17.3% | 91.29% |
2022 | -5.9% | -22.9% | 5.1% | 19.84% |
2021 | 0.7% | -12.2% | 12.0% | 64.14% |
2020 | -2.5% | -14.1% | 289.8% | 47.08% |
2019 | 1.8% | -8.1% | 14.6% | 70.69% |
Total Return Ranking - Trailing
Period | TFLAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.0% | -0.8% | 5.5% | 56.06% |
1 Yr | 10.4% | -5.7% | 33.5% | 76.52% |
3 Yr | 4.0%* | -5.5% | 9.2% | 65.60% |
5 Yr | 3.6%* | -6.6% | 37.5% | 64.68% |
10 Yr | 3.4%* | -1.9% | 19.3% | 45.76% |
* Annualized
Total Return Ranking - Calendar
Period | TFLAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.6% | -12.0% | 30.3% | 83.71% |
2022 | -1.4% | -22.9% | 5.1% | 24.90% |
2021 | 4.1% | -10.2% | 19.4% | 69.72% |
2020 | 2.1% | -14.1% | 306.9% | 42.50% |
2019 | 7.4% | -3.6% | 23.8% | 56.03% |
NAV & Total Return History
TFLAX - Holdings
Concentration Analysis
TFLAX | Category Low | Category High | TFLAX % Rank | |
---|---|---|---|---|
Net Assets | 183 M | 35.9 M | 11.9 B | 85.50% |
Number of Holdings | 240 | 2 | 1605 | 75.46% |
Net Assets in Top 10 | 24.6 M | -191 M | 2.38 B | 79.85% |
Weighting of Top 10 | 14.44% | 5.2% | 100.8% | 51.84% |
Top 10 Holdings
- FIXED INC CLEARING CORP.REPO 5.30%
- Light Wonder International, Inc. 1.33%
- Nomad Foods U.S. LLC 1.16%
- Filtration Group Corp. 1.14%
- Radnet Management, Inc. 0.97%
- Kingpin Intermediate Holdings LLC 0.95%
- William Morris Endeavor Entertainment LLC 0.94%
- Graham Packaging Co., Inc. 0.92%
- Garda World Security Corp. 0.88%
- AlixPartners LLP 0.87%
Asset Allocation
Weighting | Return Low | Return High | TFLAX % Rank | |
---|---|---|---|---|
Bonds | 93.31% | 0.00% | 161.82% | 65.57% |
Other | 5.30% | -52.39% | 26.58% | 7.33% |
Stocks | 1.38% | 0.00% | 100.76% | 53.11% |
Cash | 0.73% | -61.90% | 18.85% | 81.68% |
Convertible Bonds | 0.65% | 0.00% | 5.51% | 5.90% |
Preferred Stocks | 0.00% | -3.99% | 6.42% | 35.90% |
Stock Sector Breakdown
Weighting | Return Low | Return High | TFLAX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 95.56% |
Technology | 0.00% | 0.00% | 100.00% | 1.33% |
Real Estate | 0.00% | 0.00% | 48.61% | 92.89% |
Industrials | 0.00% | 0.00% | 100.00% | 93.33% |
Healthcare | 0.00% | 0.00% | 100.00% | 92.89% |
Financial Services | 0.00% | 0.00% | 89.61% | 94.22% |
Energy | 0.00% | 0.00% | 100.00% | 96.00% |
Communication Services | 0.00% | 0.00% | 100.00% | 97.33% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 94.22% |
Consumer Cyclical | 0.00% | 0.00% | 97.66% | 95.56% |
Basic Materials | 0.00% | 0.00% | 1.36% | 93.33% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | TFLAX % Rank | |
---|---|---|---|---|
US | 1.38% | -0.01% | 100.76% | 53.11% |
Non US | 0.00% | 0.00% | 0.68% | 86.45% |
Bond Sector Breakdown
Weighting | Return Low | Return High | TFLAX % Rank | |
---|---|---|---|---|
Corporate | 98.24% | 0.00% | 141.23% | 11.44% |
Cash & Equivalents | 0.73% | 0.00% | 25.03% | 75.82% |
Government | 0.01% | 0.00% | 3.18% | 26.20% |
Derivative | 0.00% | -8.79% | 1.12% | 79.49% |
Securitized | 0.00% | 0.00% | 91.68% | 89.30% |
Municipal | 0.00% | 0.00% | 0.47% | 84.87% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | TFLAX % Rank | |
---|---|---|---|---|
US | 93.31% | 0.00% | 144.71% | 44.32% |
Non US | 0.00% | 0.00% | 63.23% | 91.58% |
TFLAX - Expenses
Operational Fees
TFLAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.01% | 0.03% | 12.26% | 60.73% |
Management Fee | 0.49% | 0.00% | 1.89% | 12.50% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 49.28% |
Administrative Fee | N/A | 0.02% | 0.27% | 4.29% |
Sales Fees
TFLAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.75% | 1.00% | 5.75% | 12.50% |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
TFLAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
TFLAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 41.00% | 4.00% | 180.00% | 28.68% |
TFLAX - Distributions
Dividend Yield Analysis
TFLAX | Category Low | Category High | TFLAX % Rank | |
---|---|---|---|---|
Dividend Yield | 7.45% | 0.00% | 11.56% | 66.90% |
Dividend Distribution Analysis
TFLAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
TFLAX | Category Low | Category High | TFLAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.90% | 1.77% | 9.82% | 84.33% |
Capital Gain Distribution Analysis
TFLAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 01, 2024 | $0.056 | DailyAccrualFund |
Feb 01, 2024 | $0.065 | DailyAccrualFund |
Jan 02, 2024 | $0.059 | DailyAccrualFund |
Dec 01, 2023 | $0.064 | DailyAccrualFund |
Nov 01, 2023 | $0.066 | DailyAccrualFund |
Oct 02, 2023 | $0.060 | DailyAccrualFund |
Sep 01, 2023 | $0.063 | DailyAccrualFund |
Aug 01, 2023 | $0.061 | DailyAccrualFund |
Jul 03, 2023 | $0.060 | DailyAccrualFund |
Jun 01, 2023 | $0.065 | DailyAccrualFund |
May 01, 2023 | $0.057 | DailyAccrualFund |
Apr 03, 2023 | $0.061 | DailyAccrualFund |
Mar 01, 2023 | $0.053 | DailyAccrualFund |
Feb 01, 2023 | $0.057 | DailyAccrualFund |
Jan 03, 2023 | $0.052 | DailyAccrualFund |
Dec 01, 2022 | $0.042 | DailyAccrualFund |
Nov 01, 2022 | $0.041 | DailyAccrualFund |
Oct 03, 2022 | $0.041 | DailyAccrualFund |
Sep 01, 2022 | $0.043 | DailyAccrualFund |
Aug 01, 2022 | $0.033 | DailyAccrualFund |
Jul 01, 2022 | $0.030 | DailyAccrualFund |
Jun 01, 2022 | $0.030 | DailyAccrualFund |
May 02, 2022 | $0.023 | DailyAccrualFund |
Apr 01, 2022 | $0.022 | DailyAccrualFund |
Mar 01, 2022 | $0.022 | DailyAccrualFund |
Feb 01, 2022 | $0.021 | DailyAccrualFund |
Jan 03, 2022 | $0.021 | DailyAccrualFund |
Dec 01, 2021 | $0.019 | DailyAccrualFund |
Nov 01, 2021 | $0.024 | DailyAccrualFund |
Oct 01, 2021 | $0.023 | DailyAccrualFund |
Sep 01, 2021 | $0.021 | DailyAccrualFund |
Aug 02, 2021 | $0.017 | DailyAccrualFund |
Jul 01, 2021 | $0.021 | DailyAccrualFund |
Jun 01, 2021 | $0.021 | DailyAccrualFund |
May 03, 2021 | $0.023 | DailyAccrualFund |
Apr 01, 2021 | $0.025 | DailyAccrualFund |
Mar 01, 2021 | $0.025 | DailyAccrualFund |
Feb 01, 2021 | $0.026 | DailyAccrualFund |
Jan 04, 2021 | $0.049 | DailyAccrualFund |
Dec 01, 2020 | $0.032 | DailyAccrualFund |
Nov 02, 2020 | $0.029 | DailyAccrualFund |
Oct 01, 2020 | $0.027 | DailyAccrualFund |
Sep 01, 2020 | $0.027 | DailyAccrualFund |
Aug 03, 2020 | $0.030 | DailyAccrualFund |
Jul 01, 2020 | $0.030 | DailyAccrualFund |
Jun 01, 2020 | $0.029 | DailyAccrualFund |
May 01, 2020 | $0.032 | DailyAccrualFund |
Apr 01, 2020 | $0.035 | DailyAccrualFund |
Mar 02, 2020 | $0.029 | DailyAccrualFund |
Feb 03, 2020 | $0.034 | DailyAccrualFund |
Jan 02, 2020 | $0.036 | DailyAccrualFund |
Dec 02, 2019 | $0.036 | DailyAccrualFund |
Nov 01, 2019 | $0.036 | DailyAccrualFund |
Oct 01, 2019 | $0.039 | DailyAccrualFund |
Sep 03, 2019 | $0.039 | DailyAccrualFund |
Aug 01, 2019 | $0.044 | DailyAccrualFund |
Jul 01, 2019 | $0.038 | OrdinaryDividend |
May 31, 2019 | $0.042 | DailyAccrualFund |
Apr 30, 2019 | $0.044 | DailyAccrualFund |
Mar 29, 2019 | $0.040 | DailyAccrualFund |
Feb 28, 2019 | $0.040 | DailyAccrualFund |
Jan 31, 2019 | $0.042 | DailyAccrualFund |
Dec 31, 2018 | $0.040 | DailyAccrualFund |
Nov 30, 2018 | $0.039 | DailyAccrualFund |
Oct 31, 2018 | $0.042 | DailyAccrualFund |
Aug 31, 2018 | $0.038 | DailyAccrualFund |
Jul 31, 2018 | $0.038 | DailyAccrualFund |
Jun 29, 2018 | $0.036 | DailyAccrualFund |
May 31, 2018 | $0.037 | DailyAccrualFund |
Apr 30, 2018 | $0.037 | DailyAccrualFund |
Mar 29, 2018 | $0.033 | DailyAccrualFund |
Feb 28, 2018 | $0.032 | DailyAccrualFund |
Jan 31, 2018 | $0.035 | DailyAccrualFund |
Dec 29, 2017 | $0.031 | DailyAccrualFund |
Nov 30, 2017 | $0.031 | DailyAccrualFund |
Oct 31, 2017 | $0.034 | DailyAccrualFund |
Sep 29, 2017 | $0.032 | DailyAccrualFund |
Aug 31, 2017 | $0.032 | DailyAccrualFund |
Jul 31, 2017 | $0.032 | DailyAccrualFund |
Jun 30, 2017 | $0.029 | DailyAccrualFund |
May 31, 2017 | $0.033 | DailyAccrualFund |
Apr 28, 2017 | $0.028 | DailyAccrualFund |
Mar 31, 2017 | $0.030 | DailyAccrualFund |
Feb 28, 2017 | $0.031 | DailyAccrualFund |
Jan 31, 2017 | $0.036 | DailyAccrualFund |
Dec 30, 2016 | $0.038 | DailyAccrualFund |
Nov 30, 2016 | $0.039 | DailyAccrualFund |
Oct 27, 2016 | $0.032 | DailyAccrualFund |
Sep 28, 2016 | $0.034 | DailyAccrualFund |
Aug 29, 2016 | $0.034 | DailyAccrualFund |
Jul 28, 2016 | $0.033 | DailyAccrualFund |
Jun 28, 2016 | $0.037 | DailyAccrualFund |
May 26, 2016 | $0.032 | DailyAccrualFund |
Apr 28, 2016 | $0.034 | DailyAccrualFund |
Mar 29, 2016 | $0.036 | DailyAccrualFund |
Feb 24, 2016 | $0.029 | DailyAccrualFund |
Jan 27, 2016 | $0.037 | DailyAccrualFund |
Dec 23, 2015 | $0.029 | DailyAccrualFund |
Nov 24, 2015 | $0.026 | DailyAccrualFund |
Oct 28, 2015 | $0.033 | DailyAccrualFund |
Sep 24, 2015 | $0.029 | DailyAccrualFund |
Aug 26, 2015 | $0.027 | DailyAccrualFund |
Jul 29, 2015 | $0.034 | DailyAccrualFund |
Jun 24, 2015 | $0.027 | DailyAccrualFund |
May 27, 2015 | $0.024 | DailyAccrualFund |
Apr 29, 2015 | $0.036 | DailyAccrualFund |
Mar 24, 2015 | $0.027 | DailyAccrualFund |
Feb 25, 2015 | $0.026 | DailyAccrualFund |
Jan 28, 2015 | $0.037 | DailyAccrualFund |
Dec 23, 2014 | $0.028 | DailyAccrualFund |
Nov 25, 2014 | $0.025 | DailyAccrualFund |
Oct 29, 2014 | $0.032 | DailyAccrualFund |
Sep 25, 2014 | $0.026 | DailyAccrualFund |
Aug 28, 2014 | $0.026 | DailyAccrualFund |
Jul 30, 2014 | $0.033 | DailyAccrualFund |
Jun 25, 2014 | $0.024 | DailyAccrualFund |
May 29, 2014 | $0.027 | DailyAccrualFund |
Apr 29, 2014 | $0.033 | DailyAccrualFund |
Mar 26, 2014 | $0.024 | DailyAccrualFund |
Feb 26, 2014 | $0.021 | DailyAccrualFund |
Jan 29, 2014 | $0.032 | DailyAccrualFund |
Dec 23, 2013 | $0.015 | DailyAccrualFund |
Nov 25, 2013 | $0.001 | DailyAccrualFund |
TFLAX - Fund Manager Analysis
Managers
Jason Felderman
Start Date
Tenure
Tenure Rank
Oct 31, 2013
8.59
8.6%
Jason Felderman, CFA, is a senior leveraged loans portfolio manager responsible for researching, analyzing and trading leveraged loans. Prior to his current role, Jason was employed at American Century Investments and at Deloitte & Touche. He has been in the industry since 2000 and started with the firm in 2003. Jason received his BBA in accounting from the University of Northern Iowa and his MBA from the University of Kansas. He is a CFA® charterholder.
John Bailey
Start Date
Tenure
Tenure Rank
Oct 31, 2013
8.59
8.6%
John Bailey, CFA, is head of leveraged loans responsible for overall management and development of all leveraged loans portfolios. Additionally, he leads the effort to grow the leveraged loan strategies including CLO’s, bank loan mutual funds and separate account portfolios. Prior to his current role, John was a private placement analyst at the firm for three years. Prior to joining the organization, he held various commercial lending positions at American National Bank and the Bank of Nova Scotia. John has been in the industry since 1990 and started with the firm and its affiliates in 1994. He received his BBA in finance and his MBA from the University of Iowa. John is a CFA® charterholder.
Zach Halstead
Start Date
Tenure
Tenure Rank
Mar 01, 2018
4.25
4.3%
Zach Halstead is a senior portfolio manager responsible for researching, analyzing and trading leveraged loans. Prior to his current role, Zach was a research analyst. Prior to joining the credit research team, he was an intern within the client investment solutions team and the Investment Accounting team. Zach has been in the industry since and started with the firm and its affiliates in 2014. He received his BBA from the University of Iowa.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 21.18 | 6.0 | 3.25 |