Morningstar

Transamerica Floating Rate A TFLAX

Morningstar Medalist Rating
Medalist Rating as of | See Transamerica Investment Hub
  • NAV / 1-Day Return 9.02  /  +0.02 %
  • Total Assets 253.7 Mil
  • Adj. Expense Ratio
    0.980%
  • Expense Ratio 0.980%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 8.16%
  • Effective Duration 0.37 years

USD | NAV as of Sep 25, 2024 | 1-Day Return as of Sep 25, 2024, 10:18 PM GMT+0

Morningstar’s Analysis TFLAX

Will TFLAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TFLAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the TFLAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of TFLAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Transamerica Floating Rate A's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings TFLAX

More TFLAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fixed Inc Clearing Corp.Repo

3.22 8.4 Mil
Cash and Equivalents

EPICOR SOFTWARE CORPORATION 2024 TERM LOAN

0.92 2.4 Mil
Corporate

Allied Universal Holdco LLC / Allied Universal Finance Corporation 7.875%

0.88 2.3 Mil
Corporate

Magenta Security Holdings Llc 2024 Super Priority Term Loan

0.83 2.2 Mil
Corporate

FIRST BRANDS 2021 TERM LOAN

0.83 2.2 Mil
Corporate

PETSMART INC 2021 TERM LOAN B

0.82 2.1 Mil
Corporate

SOPHIA L P 2024 TERM LOAN B

0.81 2.1 Mil
Corporate

MH SUB I LLC 2023 TERM LOAN

0.80 2.1 Mil
Corporate

BROADSTREET PARTNERS INC 2024 TERM LOAN B4

0.80 2.1 Mil
Corporate

ABG INTERMEDIATE HLDINGS 2 LLC 2024 TERM LOAN B

0.78 2.0 Mil
Corporate

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