Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Transamerica Mid Cap Growth
mutual fund
MGTCX
Payout Change
Suspended
Price as of:
$8.52
-0.08
-0.93%
primary theme
U.S. Mid-Cap Growth Equity
share class
MGTCX (Mutual Fund)
Transamerica Mid Cap Growth
Payout Change
Suspended
Price as of:
$8.52
-0.08
-0.93%
primary theme
U.S. Mid-Cap Growth Equity
share class
MGTCX (Mutual Fund)
Transamerica Mid Cap Growth
Payout Change
Suspended
Price as of:
$8.52
-0.08
-0.93%
primary theme
U.S. Mid-Cap Growth Equity
share class
Name
As of 10/07/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
11.2%
1 yr return
26.2%
3 Yr Avg Return
-0.9%
5 Yr Avg Return
8.6%
Net Assets
$321 M
Holdings in Top 10
40.6%
52 WEEK LOW AND HIGH
$8.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 2.05%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 99.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/07/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
MGTCX - Profile
Distributions
- YTD Total Return 11.2%
- 3 Yr Annualized Total Return -0.9%
- 5 Yr Annualized Total Return 8.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.52%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameTransamerica Mid Cap Growth
-
Fund Family NameTransamerica
-
Inception DateMar 10, 2017
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTimothy Manning
Fund Description
The fund normally invests primarily in stocks of medium sized companies which the fund’s sub-adviser, Wellington Management Company LLP (the “sub-adviser”), believes will earn high returns on invested capital, benefit from long term secular growth trends, and meet the sub-adviser’s long term valuation criteria. Under normal circumstances, the sub-adviser invests at least 80% of the fund’s net assets (plus the amount of borrowings, if any, for investment purposes) in securities of medium sized (or mid-cap) companies and other investments with similar economic characteristics. The sub-adviser considers mid-cap companies to be companies with market capitalizations that, at the time of initial purchase, are within the range of capitalization of the companies that are included in the Russell Midcap® Growth Index1. As of December 31, 2023, the market capitalizations of companies in the Russell Midcap® Growth Index ranged from approximately $978.12 million to $73.32 billion. Over time, the capitalizations of the companies in the Russell Midcap®Growth Index will change. As they do, the size of the companies in which the fund invests may change.The fund’s equity securities may include common stocks and preferred stocks listed on the New York Stock Exchange and on other national securities exchanges and, generally to a lesser extent, stocks that are traded over-the-counter. The fund normally emphasizes common stocks. The fund may also invest in foreign securities. Growth stocks as a group may be out of favor and underperform the overall equity market for a long period of time, for example, while the market favors “value” stocks.The fund may also invest its assets in cash, cash equivalent securities or short-term debt securities, repurchase agreements and money market instruments. Generally, 5% or less of the fund’s assets will be invested in cash and cash equivalents.1 “Russell®” and other service marks and trademarks related to the Russell indexes are trademarks of the London Stock Exchange Group companies.
Read More
MGTCX - Performance
Return Ranking - Trailing
| Period | MGTCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.2% | -11.7% | 67.5% | 54.86% |
| 1 Yr | 26.2% | 10.6% | 62.2% | 47.62% |
| 3 Yr | -0.9%* | -25.6% | 58.6% | 56.09% |
| 5 Yr | 8.6%* | -2.6% | 102.8% | 80.70% |
| 10 Yr | 7.7%* | 2.9% | 25.5% | 95.38% |
* Annualized
Return Ranking - Calendar
| Period | MGTCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 30.5% | -27.7% | 68.0% | 5.54% |
| 2022 | -31.8% | -85.6% | 52.8% | 54.81% |
| 2021 | -30.5% | -74.9% | 238.3% | 93.86% |
| 2020 | 22.6% | -44.1% | 2474.5% | 63.73% |
| 2019 | 39.3% | -50.2% | 44.0% | 2.33% |
Total Return Ranking - Trailing
| Period | MGTCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.2% | -11.7% | 67.5% | 54.86% |
| 1 Yr | 26.2% | 10.6% | 62.2% | 47.62% |
| 3 Yr | -0.9%* | -25.6% | 58.6% | 56.09% |
| 5 Yr | 8.6%* | -2.6% | 102.8% | 80.70% |
| 10 Yr | 7.7%* | 2.9% | 25.5% | 95.38% |
* Annualized
Total Return Ranking - Calendar
| Period | MGTCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 30.5% | -26.1% | 68.0% | 6.31% |
| 2022 | -31.8% | -67.0% | 56.8% | 68.27% |
| 2021 | 5.5% | -23.5% | 342.2% | 84.16% |
| 2020 | 28.9% | 2.6% | 2549.1% | 75.20% |
| 2019 | 41.8% | 14.6% | 44.8% | 4.86% |
NAV & Total Return History
MGTCX - Holdings
Concentration Analysis
| MGTCX | Category Low | Category High | MGTCX % Rank | |
|---|---|---|---|---|
| Net Assets | 321 M | 2.73 M | 100 B | 72.76% |
| Number of Holdings | 37 | 24 | 3590 | 89.52% |
| Net Assets in Top 10 | 56.7 M | 670 K | 11.3 B | 80.38% |
| Weighting of Top 10 | 40.56% | 4.5% | 98.2% | 20.57% |
Top 10 Holdings
- CDW Corp. 4.94%
- ARES Management Corp. 4.76%
- Cheniere Energy, Inc. 4.53%
- Clean Harbors, Inc. 4.25%
- Tradeweb Markets, Inc. 4.21%
- Gartner, Inc. 3.96%
- BWX Technologies, Inc. 3.85%
- Monolithic Power Systems, Inc. 3.42%
- Veeva Systems, Inc. 3.38%
- Axon Enterprise, Inc. 3.26%
Asset Allocation
| Weighting | Return Low | Return High | MGTCX % Rank | |
|---|---|---|---|---|
| Stocks | 98.42% | 58.72% | 103.99% | 51.81% |
| Other | 1.65% | -0.04% | 14.45% | 7.43% |
| Preferred Stocks | 0.00% | 0.00% | 5.73% | 84.38% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 83.43% |
| Cash | 0.00% | 0.00% | 41.99% | 98.48% |
| Bonds | 0.00% | 0.00% | 2.35% | 84.00% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MGTCX % Rank | |
|---|---|---|---|---|
| Technology | 39.40% | 0.04% | 62.17% | 9.90% |
| Healthcare | 18.40% | 0.00% | 37.06% | 43.05% |
| Industrials | 14.76% | 0.00% | 38.23% | 52.00% |
| Consumer Cyclical | 8.44% | 0.00% | 57.41% | 88.38% |
| Communication Services | 7.51% | 0.00% | 18.33% | 8.95% |
| Financial Services | 7.42% | 0.00% | 43.01% | 46.48% |
| Consumer Defense | 4.07% | 0.00% | 16.40% | 17.90% |
| Utilities | 0.00% | 0.00% | 12.94% | 88.00% |
| Real Estate | 0.00% | 0.00% | 19.28% | 95.62% |
| Energy | 0.00% | 0.00% | 62.10% | 92.19% |
| Basic Materials | 0.00% | 0.00% | 17.25% | 95.24% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MGTCX % Rank | |
|---|---|---|---|---|
| US | 98.42% | 46.79% | 103.99% | 43.43% |
| Non US | 0.00% | 0.00% | 34.12% | 87.62% |
MGTCX - Expenses
Operational Fees
| MGTCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 2.05% | 0.02% | 17.54% | 6.67% |
| Management Fee | 0.70% | 0.00% | 1.50% | 45.99% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 97.59% |
| Administrative Fee | N/A | 0.00% | 0.40% | 12.73% |
Sales Fees
| MGTCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 5.00% | 86.44% |
Trading Fees
| MGTCX 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.
| MGTCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 99.00% | 0.00% | 250.31% | 88.79% |
MGTCX - Distributions
Dividend Yield Analysis
| MGTCX | Category Low | Category High | MGTCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 33.43% | 88.57% |
Dividend Distribution Analysis
| MGTCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| MGTCX | Category Low | Category High | MGTCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -1.52% | -2.24% | 2.75% | 94.20% |
Capital Gain Distribution Analysis
| MGTCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 21, 2021 | $1.510 | CapitalGainShortTerm |
| Dec 21, 2021 | $2.840 | CapitalGainLongTerm |
| Dec 21, 2020 | $0.637 | OrdinaryDividend |
| Dec 19, 2019 | $0.181 | CapitalGainLongTerm |
| Dec 19, 2018 | $0.659 | CapitalGainShortTerm |
| Dec 19, 2018 | $3.499 | CapitalGainLongTerm |
| Dec 20, 2017 | $0.234 | CapitalGainLongTerm |
| Dec 23, 2014 | $0.011 | CapitalGainShortTerm |
| Dec 23, 2014 | $0.000 | CapitalGainLongTerm |
MGTCX - Fund Manager Analysis
Managers
Timothy Manning
Start Date
Tenure
Tenure Rank
Dec 01, 2018
3.5
3.5%
Timothy Manning Equity Portfolio Manager, Senior Managing Director Education BS, Boston University, 1997 Professional Experience State Street, 1996 – 2000 John Hancock Financial Services, 2000 – 2002 RiverSource Investments, 2002 – 2007 Wellington Management, 2007 – Present
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.4 | 1.04 |
