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Trending ETFs

Transamerica Floating Rate Fund

mutual fund
TFLIX
Dividend policy
Active
Price as of:
$9.46 +0.0 +0.0%
primary theme
Bank Loan
TFLIX (Mutual Fund)

Transamerica Floating Rate Fund

Dividend policy
Active
Price as of:
$9.46 +0.0 +0.0%
primary theme
Bank Loan
TFLIX (Mutual Fund)

Transamerica Floating Rate Fund

Dividend policy
Active
Price as of:
$9.46 +0.0 +0.0%
primary theme
Bank Loan

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.46

$275 M

3.22%

$0.30

0.80%

Vitals

YTD Return

1.0%

1 yr return

6.3%

3 Yr Avg Return

3.0%

5 Yr Avg Return

3.5%

Net Assets

$275 M

Holdings in Top 10

7.3%

52 WEEK LOW AND HIGH

$9.5
$9.23
$9.48

Expenses

OPERATING FEES

Expense Ratio 0.80%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 37.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

$1,000,000


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Bank Loan


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.46

$275 M

3.22%

$0.30

0.80%

TFLIX - Profile

Distributions

  • YTD Total Return 1.0%
  • 3 Yr Annualized Total Return 3.0%
  • 5 Yr Annualized Total Return 3.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.58%
DIVIDENDS
  • Dividend Yield 3.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Transamerica Floating Rate Fund
  • Fund Family Name
    Transamerica
  • Inception Date
    Oct 31, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Bailey

Fund Description

Under normal circumstances the fund's sub-adviser seeks to achieve the fund's objective by investing at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in floating rate loans or floating rate debt securities. It can invest in senior loans of any maturity and quality. The majority of the fund's total assets generally will be invested in floating rate loans or floating rate debt securities rated below investment grade, and the fund may invest without limitation in such loans and securities.


TFLIX - Performance

Return Ranking - Trailing

Period TFLIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -2.9% 12.3% 72.01%
1 Yr 6.3% 1.2% 40.0% 86.03%
3 Yr 3.0%* -1.0% 6.3% 57.19%
5 Yr 3.5%* 1.1% 7.4% 58.69%
10 Yr N/A* 2.3% 7.9% N/A

* Annualized

Return Ranking - Calendar

Period TFLIX Return Category Return Low Category Return High Rank in Category (%)
2020 -2.7% -16.5% 289.8% 50.35%
2019 1.7% -8.1% 7.5% 71.64%
2018 -4.3% -12.2% 5.5% 24.31%
2017 -0.4% -4.2% 3.7% 54.98%
2016 3.2% -65.0% 12.9% 83.41%

Total Return Ranking - Trailing

Period TFLIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -2.9% 12.3% 72.01%
1 Yr 6.3% 0.5% 40.0% 73.87%
3 Yr 3.0%* -1.3% 10.0% 54.57%
5 Yr 3.5%* 1.1% 7.6% 57.72%
10 Yr N/A* 2.3% 7.9% N/A

* Annualized

Total Return Ranking - Calendar

Period TFLIX Return Category Return Low Category Return High Rank in Category (%)
2020 -2.7% -16.5% 289.8% 50.35%
2019 1.7% -8.1% 7.5% 75.00%
2018 -4.3% -12.2% 5.5% 34.12%
2017 -0.4% -4.2% 7.2% 64.07%
2016 3.2% -65.0% 12.9% 88.48%

NAV & Total Return History


TFLIX - Holdings

Concentration Analysis

TFLIX Category Low Category High TFLIX % Rank
Net Assets 275 M 31.5 M 10.2 B 80.22%
Number of Holdings 330 12 1358 51.21%
Net Assets in Top 10 21.5 M -171 M 2.25 B 76.97%
Weighting of Top 10 7.31% 4.9% 94.7% 84.80%

Top 10 Holdings

  1. ADS WASTE HLDGS INC TERM LOAN 1.40%
  2. TRICO GROUP LLC 2020 TERM LOAN B 1.37%
  3. Trico Group Llc 2020 Term Loan B 1.29%
  4. Trico Group Llc 2020 Term Loan B 1.29%
  5. Trico Group Llc 2020 Term Loan B 1.29%
  6. Trico Group Llc 2020 Term Loan B 1.29%
  7. Trico Group Llc 2020 Term Loan B 1.29%
  8. Trico Group Llc 2020 Term Loan B 1.29%
  9. Trico Group Llc 2020 Term Loan B 1.29%
  10. Trico Group Llc 2020 Term Loan B 1.29%

Asset Allocation

Weighting Return Low Return High TFLIX % Rank
Bonds
91.95% 44.30% 162.68% 64.85%
Cash
7.11% -62.77% 55.70% 36.97%
Convertible Bonds
0.75% 0.00% 3.77% 10.00%
Other
0.18% -58.74% 14.45% 35.76%
Stocks
0.00% 0.00% 16.02% 89.70%
Preferred Stocks
0.00% 0.00% 30.81% 53.94%

Bond Sector Breakdown

Weighting Return Low Return High TFLIX % Rank
Corporate
92.87% 0.00% 100.00% 34.35%
Cash & Equivalents
7.13% 0.00% 49.22% 45.90%
Derivative
0.00% 0.00% 9.59% 37.08%
Securitized
0.00% 0.00% 97.17% 63.22%
Municipal
0.00% 0.00% 0.66% 32.52%
Government
0.00% 0.00% 5.94% 33.74%

Bond Geographic Breakdown

Weighting Return Low Return High TFLIX % Rank
US
63.96% 2.21% 128.54% 79.70%
Non US
27.99% 0.00% 122.86% 23.33%

TFLIX - Expenses

Operational Fees

TFLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.80% 0.03% 7.50% 73.60%
Management Fee 0.64% 0.00% 2.40% 50.52%
12b-1 Fee 0.00% 0.00% 1.00% 6.25%
Administrative Fee N/A 0.03% 0.40% 2.14%

Sales Fees

TFLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 3.00% N/A

Trading Fees

TFLIX 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.

TFLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 37.00% 8.00% 215.00% 21.51%

TFLIX - Distributions

Dividend Yield Analysis

TFLIX Category Low Category High TFLIX % Rank
Dividend Yield 3.22% 0.00% 5.29% 32.04%

Dividend Distribution Analysis

TFLIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

TFLIX Category Low Category High TFLIX % Rank
Net Income Ratio 4.58% 1.77% 10.93% 28.67%

Capital Gain Distribution Analysis

TFLIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

TFLIX - Fund Manager Analysis

Managers

John Bailey


Start Date

Tenure

Tenure Rank

Oct 31, 2013

7.92

7.9%

John Bailey, CFA, is head of bank loans responsible for overall management and development of all bank loan 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.

Jason Felderman


Start Date

Tenure

Tenure Rank

Oct 31, 2013

7.92

7.9%

Jason Felderman, CFA, is a senior bank loan portfolio manager responsible for researching and analyzing leveraged bank 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.

Zach Halstead


Start Date

Tenure

Tenure Rank

Mar 01, 2018

3.59

3.6%

Zach Halstead is a portfolio manager responsible for researching and analyzing leveraged bank 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
0.17 22.93 6.0 2.59