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Trending ETFs

Transamerica ClearTrack 2030

mutual fund
TDFTX
Payout Change
Pending
Price as of:
$7.41 -0.02 -0.27%
primary theme
Target-Date 2030
TDFTX (Mutual Fund)

Transamerica ClearTrack 2030

Payout Change
Pending
Price as of:
$7.41 -0.02 -0.27%
primary theme
Target-Date 2030
TDFTX (Mutual Fund)

Transamerica ClearTrack 2030

Payout Change
Pending
Price as of:
$7.41 -0.02 -0.27%
primary theme
Target-Date 2030

Name

As of 06/14/2024

Price

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

$7.41

$56 M

1.87%

$0.14

1.33%

Vitals

YTD Return

4.5%

1 yr return

9.8%

3 Yr Avg Return

0.9%

5 Yr Avg Return

6.1%

Net Assets

$56 M

Holdings in Top 10

82.1%

52 WEEK LOW AND HIGH

$7.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.33%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 9.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

Price

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

$7.41

$56 M

1.87%

$0.14

1.33%

TDFTX - Profile

Distributions

  • YTD Total Return 4.5%
  • 3 Yr Annualized Total Return 0.9%
  • 5 Yr Annualized Total Return 6.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.65%
DIVIDENDS
  • Dividend Yield 1.9%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Transamerica ClearTrack 2030
  • Fund Family Name
    Transamerica
  • Inception Date
    Mar 02, 2015
  • Shares Outstanding
    N/A
  • Share Class
    R1
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Nathan Palmer

Fund Description

The fund is a fund of funds – it invests in a combination of actively managed Transamerica funds (“funds”) and index-based exchange-traded funds (“ETFs”) managed by unaffiliated investment advisers.The fund seeks to achieve its objectives by investing normally in a combination of underlying funds and ETFs representing a variety of broad asset classes – including fixed-income, domestic equity, foreign equity, and real estate – and investment styles and focuses. Underlying fixed-income funds and ETFs may include funds that invest primarily in investment grade fixed-income securities, TIPS, or in high yield, high risk fixed-income securities rated below investment grade (commonly known as “junk bonds”). Underlying fixed-income funds and ETFs may invest in U.S. and non-U.S. issuers, including corporate, mortgage- and asset-backed, government and emerging markets debt securities. Underlying equity funds and ETFs may include, but are not limited to, large cap funds, mid cap funds, small cap funds, growth-oriented funds, value-oriented funds, international equity funds, emerging market equity funds, real return funds and funds that invest in real estate-related securities, including REITs. The fund may also invest in inflation-hedging positions that fall under the broader asset categories listed above.The fund is designed for investors expecting to retire around 2030. The fund’s asset-mix has been designed on the expectation that investors will begin to withdraw assets from the fund during 2030 and assumes a retirement age of 65. The fund generally seeks to maintain a static target allocation (the “Target Allocation”) to asset classes in accordance with its glide path, as described below. The fund’s sub-adviser, Wilshire Advisors LLC (the “sub-adviser” or “Wilshire”), may periodically adjust target asset class allocations in accordance with its investment process and, in the view of Wilshire, to appropriately position the fund in response to changing market environments. However, Wilshire may tactically over-weight or underweight asset classes at any time during the glide path period. This means at any time the fund’s asset mix may differ from the Target Allocation.The fund’s current Target Allocation for domestic equity, foreign equity, fixed-income, and real estate is shown in the table below. Due to rounding, the sum of the allocations may not equal 100%.Asset ClassFixed-IncomeFundsDomesticEquityFundsForeignEquityFundsRealEstateFundsTransamericaClearTrack 203044.6%34.0%18.7%2.7%It is not possible to predict the extent to which the fund will be invested in a particular underlying fund or ETF at any time. The fund may be a significant shareholder in certain underlying funds or ETFs.Each underlying fund and ETF has its own investment objective, principal investment strategies and investment risks. The sub-adviser for each underlying fund and adviser or sub-adviser for each underlying ETF decides which securities to purchase and sell for that underlying fund or ETF. The fund’s ability to achieve its investment objective depends largely on the performance of the underlying funds and ETFs.The “Underlying Funds” section of the prospectus lists the underlying Transamerica Funds currently available for investment by the fund, provides a summary of their respective investment objectives and principal investment strategies, and identifies certain risks of those funds.The investment manager may change the available underlying Transamerica Funds, and the sub-adviser may change the fund’s asset allocations and underlying funds and ETFs, at any time without notice to shareholders and without shareholder approval.Glide Path PeriodOver time, the Target Allocation to asset classes will normally change according to a predetermined “glide path.” The glide path represents the shifting of these asset classes over time. Rebalancing and de-risking of the glide path will generally occur annually. The glide path is detailed in the chart below (note that “0” represents the fund’s target date and that the fund is currently “-6” years before its target date):During the time that the fund’s Target Allocation tracks the glide path, the fund’s asset mix will gradually become more conservative until approximately 2030 at which time the Target Allocation will become static. This reflects the goal of pursuing the highest total return, consistent with a reasonable amount of risk, during the investor’s pre-retirement. By following these investment strategies both before and after the fund reaches its target date, the fund seeks to reduce the likelihood that an investor will experience a significant loss of capital at a more advanced age.The Target Allocation reflected in the glide path is a “neutral” allocation, which does not reflect tactical decisions made by Wilshire to overweight or underweight a particular asset class. From time to time, Wilshire may make tactical increases or decreases to the fund’s investment in a particular asset class beyond the TargetAllocation, based on a broad range of market and economic trends and quantitative factors. Wilshire may also allow the relative weightings of the fund’s investments in asset classes to vary from its Target Allocation in response to the markets. When varying exposures among underlying funds and/or ETFs, Wilshire will examine, among other things, relative values and prospects among the underlying funds’ and/or ETFs’ asset classes, as well as the capacity of the underlying funds and/or ETFs to absorb additional cash flow.Static Allocation PeriodThe fund’s Target Allocation will become static at the target date. At that time, when the fund’s Target Allocation will match the Target Allocation of Transamerica ClearTrack® Retirement Income (the “Retirement Fund”), the fund’s Board of Trustees may combine the fund with the Retirement Fund without shareholder approval, and the fund’s shareholders will become shareholders of the Retirement Fund. This combination would occur approximately in the year 2030. This combination is currently expected to be tax-free under current law. Shareholders will be provided with additional information at that time. The Retirement Fund’s Target Allocation is currently 59.8% fixed-income, 26.2% domestic equity, 11.9% foreign equity, and 2.1% real estate. Wilshire may tactically overweight or underweight asset classes in the fund during the Static Allocation Period and in the Retirement Fund at any time.
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TDFTX - Performance

Return Ranking - Trailing

Period TDFTX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% 3.5% 11.4% 82.99%
1 Yr 9.8% 6.7% 16.0% 85.05%
3 Yr 0.9%* -3.0% 4.1% 72.11%
5 Yr 6.1%* 4.4% 8.3% 81.99%
10 Yr N/A* 4.0% 7.4% N/A

* Annualized

Return Ranking - Calendar

Period TDFTX Return Category Return Low Category Return High Rank in Category (%)
2023 12.0% 5.5% 14.4% 31.44%
2022 -52.3% -52.7% -14.2% 99.48%
2021 5.5% -5.6% 14.0% 33.70%
2020 9.9% 0.7% 13.7% 35.84%
2019 16.5% 2.6% 18.9% 23.75%

Total Return Ranking - Trailing

Period TDFTX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% 3.5% 11.4% 82.99%
1 Yr 9.8% 6.7% 16.0% 85.05%
3 Yr 0.9%* -3.0% 4.1% 72.11%
5 Yr 6.1%* 4.4% 8.3% 81.99%
10 Yr N/A* 4.0% 7.4% N/A

* Annualized

Total Return Ranking - Calendar

Period TDFTX Return Category Return Low Category Return High Rank in Category (%)
2023 14.2% 10.0% 49.5% 67.01%
2022 -17.0% -26.4% 20.1% 76.80%
2021 10.9% 1.6% 18.5% 78.80%
2020 12.9% 6.7% 19.3% 70.52%
2019 19.8% 17.1% 34.4% 82.50%

NAV & Total Return History


TDFTX - Holdings

Concentration Analysis

TDFTX Category Low Category High TDFTX % Rank
Net Assets 56 M 5.97 M 90.6 B 86.15%
Number of Holdings 21 4 878 61.54%
Net Assets in Top 10 45.4 M 7.04 M 92.7 B 86.15%
Weighting of Top 10 82.09% 45.1% 117.9% 43.52%

Top 10 Holdings

  1. Transamerica Bond 17.65%
  2. iShares Core SP 500 ETF 16.83%
  3. iShares Core U.S. Aggregate Bond ETF 10.59%
  4. iShares Core MSCI EAFE ETF 9.50%
  5. Transamerica High Yield Bond 6.00%
  6. iShares 0-5 Year TIPS Bond ETF 5.51%
  7. Transamerica Large Cap Value 5.50%
  8. Transamerica Emerging Markets Debt 4.02%
  9. Transamerica US Growth 3.47%
  10. Transamerica International Stock 3.03%

Asset Allocation

Weighting Return Low Return High TDFTX % Rank
Stocks
98.94% 0.00% 101.10% 61.03%
Cash
1.46% 0.00% 21.52% 29.74%
Other
1.02% -0.05% 3.20% 4.62%
Convertible Bonds
0.51% 0.03% 1.11% 31.79%
Preferred Stocks
0.00% 0.00% 0.03% 12.31%
Bonds
0.00% 0.00% 37.34% 38.46%

Stock Sector Breakdown

Weighting Return Low Return High TDFTX % Rank
Technology
18.87% 14.06% 23.99% 46.15%
Financial Services
13.52% 12.64% 18.99% 87.18%
Healthcare
13.24% 10.63% 14.63% 39.49%
Industrials
10.61% 8.84% 12.27% 56.41%
Consumer Cyclical
9.88% 8.12% 13.37% 91.28%
Real Estate
8.78% 1.86% 12.53% 13.85%
Communication Services
6.94% 5.69% 10.00% 58.97%
Consumer Defense
6.39% 4.88% 10.87% 69.74%
Energy
4.80% 2.46% 6.43% 29.23%
Basic Materials
3.99% 3.15% 7.02% 82.05%
Utilities
2.98% 1.89% 7.89% 43.59%

Stock Geographic Breakdown

Weighting Return Low Return High TDFTX % Rank
US
98.94% 0.00% 101.10% 61.03%
Non US
0.00% 0.00% 21.63% 19.49%

TDFTX - Expenses

Operational Fees

TDFTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.33% 0.05% 10.07% 14.43%
Management Fee 0.10% 0.00% 0.81% 39.06%
12b-1 Fee 0.50% 0.00% 1.00% 67.01%
Administrative Fee N/A 0.01% 0.29% 11.08%

Sales Fees

TDFTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

TDFTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

TDFTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 9.00% 3.00% 98.00% 8.47%

TDFTX - Distributions

Dividend Yield Analysis

TDFTX Category Low Category High TDFTX % Rank
Dividend Yield 1.87% 0.00% 7.28% 79.49%

Dividend Distribution Analysis

TDFTX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Monthly SemiAnnual

Net Income Ratio Analysis

TDFTX Category Low Category High TDFTX % Rank
Net Income Ratio 0.65% 0.12% 3.79% 92.63%

Capital Gain Distribution Analysis

TDFTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Semi-Annually

Distributions History

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TDFTX - Fund Manager Analysis

Managers

Nathan Palmer


Start Date

Tenure

Tenure Rank

Dec 06, 2021

0.48

0.5%

Nathan Palmer is a managing director of Wilshire Associates and heads Wilshire Funds Management’s Portfolio Management Group. Mr. Palmer has more than 20 years of industry experience and is responsible for creating multi-asset class, multi-manager investment solutions for financial intermediary clients. He is the Chair of Wilshire Funds Management’s Investment Committee and Retirement Oversight Committee. Prior to joining Wilshire Associates, Mr. Palmer provided investment advice to endowment, foundation, and family office clients at Convergent Wealth Advisors. Previously, he managed the public market investment portfolios for the endowment at the California Institute of Technology and for the defined benefit and defined contribution retirement assets at Intel Corporation. Mr. Palmer began his career as a securities analyst, where he published equity research on the technology, media, and telecom industries. Mr. Palmer graduated phi beta kappa and cum laude from the University of Washington with a BA in business administration. He holds an MBA with High Distinction from the Stern School of Business, New York University, graduating as an Armando John Garville Memorial Scholar. Mr. Palmer holds the Chartered Financial Analyst® designation and is an active member of CFA Institute and CFA Society Los Angeles.

Anthony Wicklund


Start Date

Tenure

Tenure Rank

Dec 06, 2021

0.48

0.5%

Tony Wicklund is a managing director of Wilshire Associates and a portfolio manager with Wilshire Funds Management. Mr. Wicklund has over 17 years of industry experience and is a portfolio manager for multi-manager portfolios, including target-risk, target-date, and alternative portfolios for a range of financial intermediary clients. Prior to joining Wilshire Associates in 2013, Mr. Wicklund was the director of risk management at Convergent Wealth Advisors, where he led the firm’s investment risk management and operational due diligence efforts. Additionally, he served as chairman of the firm’s Risk Management Oversight Committee and was a voting member of the Investment Committee. Previously, Mr. Wicklund was a senior analyst at Pacific Seafood where he evaluated acquisition targets, coordinated the integration of acquired companies, and performed internal operational audits and capital expenditure analyses. Mr. Wicklund earned his BS in business administration, with a concentration in finance from the University of Oregon. He also holds an MBA from the Marshall School of Business, University of Southern California, with a concentration in investments and financial markets. Mr. Wicklund holds the Chartered Financial Analyst® and Chartered Alternative Investment Analyst designations, and is a member of CFA Society Los Angeles, CFA Institute, and the CAIA Association.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 17.59 5.79 2.41