Transamerica Multimanaged Balanced plies a basic approach with standard tools, but its benchmark-sensitive mandate results in a more hemmed-in profile than many peers, limiting its long-term relative potential. The strategy earns a Morningstar Analyst Rating of Neutral across all share classes.
Transamerica Multi-Mgd Balanced A IBALX
NAV / 1-Day Return
33.61
/
1.41
%
Total Assets
1.4 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.980%
Expense Ratio
0.980%
Fee Level
Below Average
Longest Manager Tenure
10.83
years
Category
Allocation--50% to 70% Equity
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Medium / ModerateStatus
Open
TTM Yield
0.56%
Turnover
40%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will IBALX 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 IBALX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the IBALX 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 IBALX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Adequate but undifferentiated resources and approach.
