About IBALX
Transamerica Multi-Managed Balanced Fund Class A is a balanced mutual fund designed to pursue high total investment return through a diversified mix of stocks, bonds, and money market instruments. The fund typically maintains a moderate allocation, with approximately 60% invested in equities and 40% in fixed income securities, creating a blend that aims to balance growth and income objectives. Key equity holdings feature major technology and consumer companies, such as Microsoft, Apple, and NVIDIA, while the fixed income allocation spans corporate, government, and agency bonds. The portfolio is managed by multiple subadvisors, leveraging varied investment expertise to navigate market cycles. This fund targets investors seeking broad diversification within a single vehicle while providing exposure to multiple economic sectors, including technology, finance, health care, and energy. Its strategy is benchmarked to moderate risk and return, positioning it as a core holding in the moderate allocation mutual fund category. The fund's regular rebalancing and diversified asset mix aim to smooth volatility and participate in both equity and fixed income market dynamics.
Fund Family Transamerica
Category Allocation--50% to 70% Equity
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol IBALX
Share Class A
Index S&P 500 TR
IBALX had a total return of 6.86% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.05%.
