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Morningstar

Transamerica High Yield Bond C INCLX

Morningstar Medalist Rating
Medalist Rating as of | See Transamerica Investment Hub
  • NAV / 1-Day Return 7.63  /  0.28 %
  • Total Assets 1.6 Bil
  • Adj. Expense Ratio
    1.720%
  • Expense Ratio 1.720%
  • Distribution Fee Level Average
  • Share Class Type Level Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 4.31%
  • Effective Duration 3.52 years

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 10:17 PM GMT+0

Morningstar’s Analysis INCLX

Will INCLX 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 INCLX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Transamerica High Yield Bond C to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings INCLX

More INCLX Holdings
  • Current Portfolio Date
  • Equity Holdings 4
  • Bond Holdings 479
  • Other Holdings 11
  • % Assets in Top 10 Holdings 6.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fixed Inc Clearing Corp.Repo

2.46
40,144,468
Cash and Equivalents

United States Treasury Bills 0.01%

1.02
16,706,572
Government

United States Treasury Bills 0.01%

1.00
16,394,423
Government

ILFC E-Capital Trust I 7.06429%

0.80
13,004,477
Corporate

CrownRock LP 5.625%

0.72
11,754,630
Corporate

VZ Secured Financing BV 5%

0.71
11,522,871
Corporate

Crown Amers Llc / Crown Amers Cap Corp Vi 4.75%

0.69
11,259,456
Corporate

Herc Holdings Inc 5.5%

0.65
10,615,731
Corporate

Level 3 Financing, Inc. 10.5%

0.64
10,526,394
Corporate

SRM Escrow Issuer Llc 6%

0.56
9,188,746
Corporate