Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Transamerica Floating Rate C TFLCX
- NAV / 1-Day Return 9.05 / +0.02 %
- Total Assets 263.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.730%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 7.34%
- Effective Duration 0.27 years
USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 10:22 PM GMT+0
Morningstar’s Analysis TFLCX
Will TFLCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 7.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Fixed Inc Clearing Corp.Repo | 5.27 | 14.7 Mil | Cash and Equivalents |
LIGHT AND WONDER INTERNATIONAL 2024 TERM LOAN | 0.81 | 2.3 Mil | Corporate |
FIRST BRANDS 2021 TERM LOAN | 0.79 | 2.2 Mil | Corporate |
PETSMART INC 2021 TERM LOAN B | 0.77 | 2.1 Mil | Corporate |
SOPHIA L P 2024 TERM LOAN B | 0.75 | 2.1 Mil | Corporate |
ABG INTERMEDIATE HOLDNGS 2 LLC 2021 TERM LOAN B1 | 0.73 | 2.0 Mil | Corporate |
Verscend Holding Corp 2024 Fixed Term Loan B | 0.72 | 2.0 Mil | Corporate |
CAESARS ENTERTAINMENT INC. 2024 TERM LOAN B1 | 0.72 | 2.0 Mil | Corporate |
BROOKFIELD WEC HOLDINGS INC 2024 TERM LOAN | 0.71 | 2.0 Mil | Corporate |
Nomad Foods Us Llc Term Loan B4 | 0.71 | 2.0 Mil | Corporate |