Morningstar

Transamerica Small/Mid Cap Value Fund Class A IIVAX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Transamerica Investment Hub
  • NAV / 1-Day Return $29.36  /  −0.64 %
  • Fund Size $626.6M
  • Adjusted Expense Ratio 1.200%
  • Net Expense Ratio 1.190%
  • Fee Level: Distribution Above Average
  • Share Class Type Front Load
  • Morningstar Category Mid-Cap Value
  • Equity Style Box (Funds) Small Value
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 0.95%
  • Turnover Ratio 48%
NAV and 1-Day Return as of

Morningstar’s Analysis IIVAX

Will IIVAX outperform in the 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 IIVAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the IIVAX 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 IIVAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A double dose of discipline can see this strategy through a tough stretch.

Associate Analyst Indira Fisher

Indira Fisher

Associate Analyst

Summary

Transamerica Small/Mid Cap Value’s seasoned subadvisors and their differentiated approaches to value investing still make this strategy attractive despite recent performance challenges. Transamerica advises this multimanager small- and mid-cap strategy, maintaining roughly 60% of assets in the mid-cap portion and 40% in the small-cap segment. Both sleeves are run by strong, experienced subadvisors. Veteran investor Brett Hawkins of Thompson, Siegel & Walmsley has led the mid-cap sleeve since 2016, supported by his comanager Michael Creager. Tenured lead manager Ken Burgess of Systematic Financial Management has headed the small-cap sleeve since 2011, and he currently works alongside comanagers Ryan Wick and newly promoted Rick Plummer. Both subadvisor teams have extensive track records in their respective areas of expertise, successfully running their strategies in separate accounts for over 20 years.

by Indira Fisher
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings IIVAX

More IIVAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd

3.14 19M
Cash and Equivalents

Crown Castle Inc

1.81 11M
Real Estate

Gaming and Leisure Properties Inc

1.63 10M
Real Estate

Expand Energy Corp Ordinary Shares - New

1.57 9M
Energy

Occidental Petroleum Corp

1.57 9M
Energy

Fiserv Inc

1.55 9M
Technology

Evergy Inc

1.51 9M
Utilities

The Kraft Heinz Co

1.51 9M
Consumer Defensive

Zoetis Inc Class A

1.41 8M
Healthcare

LKQ Corp

1.41 8M
Consumer Cyclical

Sponsor Center