About TABDX
Transamerica Core Bond Fund Class A is a mutual fund in the intermediate core bond category that seeks maximum total return through a blend of global top-down macroeconomic analysis and bottom-up fundamental security selection. It primarily invests at least 80% of its net assets in investment-grade fixed income securities, including U.S. government obligations, corporate bonds, mortgage-backed securities guaranteed by government agencies, and private residential mortgage-backed securities. The portfolio features a high allocation to bonds around 81.5%, with significant exposure to securitized (about 32%), government (24%), and corporate (27%) sectors, alongside cash equivalents. Key characteristics include an average effective duration of 6.07 years and maturity of 8.59 years, reflecting moderate interest rate sensitivity, and a low annual turnover ratio of 10%, indicating a buy-and-hold approach. Top holdings typically comprise Federal National Mortgage Association securities and U.S. Treasury notes and bonds. This fund plays a core role in fixed income portfolios, offering diversified exposure to the broad U.S. investment-grade bond market, benchmarked against the Bloomberg US Aggregate Bond Index, for investors pursuing income and capital preservation within retirement or balanced strategies.
Fund Family Transamerica
Category Intermediate Core Bond
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol TABDX
Share Class A
TABDX had a total return of -2.44% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.78%.
