Transamerica Intermediate Muni has generated strong returns since its October 2012 inception, but the fund has grown significantly and seems to have lost some of its edge as a result. Additionally, a thin roster and a strategy that focuses on smaller issues may pose significant downside liquidity risks. This sums to a Morningstar Rating of Neutral for the fund’s cheapest share classes, while its more expensive share classes earn a Negative rating.
Will TIMTX outperform in future?
Get our overall rating based on a fundamental assessment of the pillar’s below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TIMTX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the TIMTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of TIMTX’s parent organization’s priorities and whether they’re in line with investors’ interests.