Transamerica Bond Class I (TFXIX)
NASDAQ NASDAQ Primary Summary
TFXIX Chart
Transamerica Bond Class I Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CGL Chester Gary Lloyd Coston, McIsaac & Partners | 15,326 | $123,527.56 | $122,454.74 | -$1,072.82 | -0.87% |
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Transamerica Bond Class I Profile
| NASDAQ Exchange | United States Country |
Overview
The fund is a financial instrument designed to manage investments primarily in fixed-income securities. With a strategic focus on allocating at least 80% of its net assets (inclusive of borrowings designated for investment purposes) towards fixed-income securities, the fund leverages the security and predictable returns of these investments. A distinctive feature of the fund's investment approach is its flexibility to invest up to 30% of its net assets in high-yield debt securities, also known as "junk bonds," which, while riskier, offer potential for higher returns. Although predominantly focused on fixed-income securities, the fund maintains versatility in its portfolio by allowing for up to 5% investment in equity securities. Furthermore, the fund's investment horizon encompasses securities across all maturities, without committing to a specific target average duration, thus providing a broad range of investment options to achieve its financial objectives.
Products and Services
- Fixed-Income Securities Investment
The backbone of the fund's investment strategy, focusing on allocating at least 80% of its net assets to fixed-income securities. This product offers investors the opportunity to engage with a variety of bonds and debt instruments that provide regular interest income, embodying a conservative investment approach prioritizing stability and predictable returns.
- High-Yield "Junk" Bonds Investment
Reflecting a strategic decision to embrace higher risk for the potential of increased returns, the fund allocates up to 30% of its net assets to debt securities not meeting investment grade criteria. This segment targets investors seeking higher income through investments in bonds that carry a higher risk of default compared to investment-grade securities.
- Equity Securities Investment
Maintaining a small, yet significant flexibility within its investment portfolio, the fund allows for up to 5% investment in equity securities. This component enables exposure to the potential capital appreciation offered by the stock market, adding a layer of growth potential to the fund's predominantly fixed-income portfolio.
- Flexible Maturity Investments
By not setting a target average duration for the fund's investments, it affords the management team the flexibility to invest in securities across all maturities. This policy enables the fund to adjust its investment focus dynamically in response to changing market conditions and interest rate environments, enhancing its ability to manage risks and capitalize on opportunities.
