Transamerica Floating Rate Fund Class A (TFLAX)
| Fund Assets | 184.37M |
| Expense Ratio | 0.98% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.69 |
| Dividend Yield | 7.35% |
| Dividend Growth | -5.16% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.00 |
| YTD Return | 0.47% |
| 1-Year Return | 4.93% |
| 5-Year Return | 25.04% |
| 52-Week Low | 8.75 |
| 52-Week High | 9.08 |
| Beta (5Y) | 0.11 |
| Holdings | 295 |
| Inception Date | Oct 31, 2013 |
About TFLAX
The Fund's investment strategy focuses on Loan Participation with 1.05% total expense ratio. The minimum amount to invest in Transamerica Funds: Transamerica Floating Rate; Class A Shares is $1,000 on a standard taxable account. Transamerica Funds: Transamerica Floating Rate; Class A Shares seeks high level of current income with capital appreciation as a secondary objective. TFLAX invests least 80% of its net assets in floating rate loans and floating rate debt securities. TFLAX primarily invests in first lien, senior secured term loans to corporate issuers, partnerships and other entities.
Performance
TFLAX had a total return of 4.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.37%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFHCX | Fidelity | Fidelity Series Floating Rate High Income Fund | n/a |
Top 10 Holdings
11.92% of assets| Name | Symbol | Weight |
|---|---|---|
| Fixed Inc Clearing Corp.Repo | n/a | 4.74% |
| Tenet Healthcare Corporation 6.125% | THC.6.125 06.15.30 | 1.07% |
| Allied Universal Holdco LLC / Allied Universal Finance Corporation 7.875% | UNSEAM.7.875 02.15.31 144A | 0.83% |
| Bausch + Lomb Corporation Term Loan | n/a | 0.82% |
| MAGENTA SECURITY HOLDINGS LLC 2024 SUPER PRIORITY TERM LOAN | MAGBUY.L 07.27.28 5 | 0.78% |
| BCPE NORTH STAR US HOLDCO 2 TERM LOAN | BCPENO.L 06.12.28 1 | 0.78% |
| PETSMART INC 2021 TERM LOAN B | PETM.L 02.14.28 1 | 0.75% |
| FIRST BRANDS 2021 TERM LOAN | TRICGR.L 03.30.27 5 | 0.74% |
| MH SUB I LLC 2023 TERM LOAN | INET.L 05.03.28 18 | 0.71% |
| VERITIV CORPORATION TERM LOAN B | VRTV.L 11.29.30 5 | 0.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.05434 | Jun 30, 2025 |
| May 30, 2025 | $0.05326 | May 30, 2025 |
| Apr 30, 2025 | $0.05298 | Apr 30, 2025 |
| Mar 31, 2025 | $0.05745 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04887 | Feb 28, 2025 |
| Jan 31, 2025 | $0.05355 | Jan 31, 2025 |