TCITX: ClearTrack Retirement Income R1

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TCITX ClearTrack Retirement Income R1


Profile

TCITX - Profile

Vitals

  • YTD Return 2.3%
  • 3 Yr Annualized Return 1.8%
  • 5 Yr Annualized Return N/A
  • Net Assets $63.8 M
  • Holdings in Top 10 99.2%

52 WEEK LOW AND HIGH

$10.71
$9.79
$10.73

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.18%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 19.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date Retirement

Distributions

  • YTD Total Return 2.3%
  • 3 Yr Annualized Total Return 1.8%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.61%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Transamerica ClearTrack® Retirement Income Fund
  • Fund Family Name
    Transamerica
  • Inception Date
    Mar 02, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Thomas Picciochi

Fund Description

The fund is a fund of funds-it invests primarily in underlying exchange-traded funds ("ETFs") that are based on an index and managed by unaffiliated investment advisers. It seeks to achieve its objective by normally investing in a combination of underlying ETFs representing a variety of broad asset classes-equity (including real estate-related funds), fixed income and inflation-hedging-and investment styles and focuses. The fund may hold short-term defensive instruments for liquidity purposes.


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Categories

Performance

TCITX - Performance

Return Ranking - Trailing

Period TCITX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% -0.3% 3.5% 43.19%
1 Yr 9.2% -9.6% 15.2% 43.20%
3 Yr 1.8%* -4.5% 9.1% 69.15%
5 Yr N/A* -3.0% 6.2% N/A
10 Yr N/A* -5.8% 8.0% N/A

* Annualized

Return Ranking - Calendar

Period TCITX Return Category Return Low Category Return High Rank in Category (%)
2019 11.6% -11.2% 22.9% 53.56%
2018 -10.9% -19.1% 0.0% 70.75%
2017 5.5% -12.3% 20.9% 76.38%
2016 3.5% -4.2% 7.5% 60.53%
2015 N/A -13.0% 0.0% N/A

Total Return Ranking - Trailing

Period TCITX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% -0.3% 3.5% 43.19%
1 Yr 9.2% -9.6% 15.2% 43.20%
3 Yr 1.8%* -4.2% 11.1% 88.29%
5 Yr N/A* -3.0% 8.7% N/A
10 Yr N/A* -4.0% 10.5% N/A

* Annualized

Total Return Ranking - Calendar

Period TCITX Return Category Return Low Category Return High Rank in Category (%)
2019 11.6% -11.2% 22.9% 54.06%
2018 -10.9% -19.1% 0.0% 83.15%
2017 5.5% -12.3% 24.1% 93.37%
2016 3.5% 0.0% 9.8% 81.09%
2015 N/A -9.4% 0.7% N/A

NAV & Total Return History


Holdings

TCITX - Holdings

Concentration Analysis

TCITX Category Low Category High TCITX % Rank
Net Assets 63.8 M 42 K 46.9 B 58.26%
Number of Holdings 9 1 588 86.40%
Net Assets in Top 10 64.4 M 0 46.7 B 56.15%
Weighting of Top 10 99.18% 0.0% 113.8% 22.39%

Top 10 Holdings

  1. iShares Core US Aggregate Bond ETF 44.78%
  2. Schwab US Large-Cap ETF™ 23.70%
  3. Vanguard Total International Bond ETF 9.05%
  4. iShares TIPS Bond ETF 6.95%
  5. Xtrackers USD High Yield Corp Bd ETF 5.49%
  6. Vanguard FTSE Developed Markets ETF 4.80%
  7. Schwab US Small-Cap ETF™ 3.27%
  8. Vanguard FTSE Emerging Markets ETF 1.14%

Asset Allocation

Weighting Return Low Return High TCITX % Rank
Bonds
64.82% -40.53% 79.46% 8.79%
Stocks
32.75% 0.00% 94.10% 72.92%
Cash
2.12% -35.61% 112.41% 79.37%
Convertible Bonds
0.32% 0.00% 1.36% 32.47%
Preferred Stocks
0.00% 0.00% 7.46% 85.93%
Other
0.00% -0.27% 100.06% 86.87%

Stock Sector Breakdown

Weighting Return Low Return High TCITX % Rank
Technology
17.59% 2.95% 20.65% 14.54%
Financial Services
16.59% 3.32% 23.02% 41.25%
Healthcare
13.29% 1.62% 18.93% 36.05%
Industrials
10.86% 1.62% 16.11% 61.35%
Consumer Cyclical
10.10% 1.88% 12.42% 54.14%
Communication Services
8.90% 0.21% 12.50% 17.61%
Consumer Defense
7.19% 1.02% 14.47% 73.88%
Energy
4.46% 0.59% 15.76% 60.05%
Real Estate
4.38% 0.43% 46.10% 43.26%
Basic Materials
3.43% 0.76% 7.66% 85.82%
Utilities
3.22% 0.00% 13.14% 49.88%

Stock Geographic Breakdown

Weighting Return Low Return High TCITX % Rank
US
26.71% 0.00% 63.41% 60.84%
Non US
6.04% 0.00% 39.24% 98.59%

Bond Sector Breakdown

Weighting Return Low Return High TCITX % Rank
Government
49.11% 0.00% 99.40% 22.20%
Corporate
26.45% 0.00% 51.51% 19.24%
Securitized
18.29% 0.00% 45.77% 49.35%
Cash & Equivalents
5.68% 0.60% 112.41% 89.49%
Municipal
0.47% 0.00% 27.51% 24.56%
Derivative
0.00% -82.56% 29.38% 75.21%

Bond Geographic Breakdown

Weighting Return Low Return High TCITX % Rank
US
52.11% -52.61% 74.67% 20.52%
Non US
12.71% -4.04% 24.72% 7.03%

Expenses

TCITX - Expenses

Operational Fees

TCITX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.18% 0.00% 5.27% 14.41%
Management Fee 0.38% 0.00% 0.77% 86.61%
12b-1 Fee 0.50% 0.00% 1.00% 61.49%
Administrative Fee N/A 0.01% 0.40% 7.75%

Sales Fees

TCITX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

TCITX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

TCITX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 19.00% 0.00% 207.00% 52.26%

Distributions

TCITX - Distributions

Dividend Yield Analysis

TCITX Category Low Category High TCITX % Rank
Dividend Yield 0.00% 0.00% 2.61% 62.02%

Dividend Distribution Analysis

TCITX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Quarterly

Net Income Ratio Analysis

TCITX Category Low Category High TCITX % Rank
Net Income Ratio 1.61% -0.45% 4.93% 68.62%

Capital Gain Distribution Analysis

TCITX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

TCITX - Fund Manager Analysis

Managers

Thomas Picciochi


Start Date

Tenure

Tenure Rank

Mar 02, 2015

4.92

4.9%

Tom Picciochi, CAIA Head of Multi-Asset Portfolio Management • Responsible for Multi-Asset portfolio management. • Formerly senior portfolio manager for Deutsche Asset Management’s Quantitative Strategies group, and member of the Global Tactical Asset Allocation Investment Oversight Committee and portfolio manager for Absolute Return Strategies from 1999 to 2010. Prior to joining Deutsche Asset Management, he held various research and analysis positions at State Street Global Advisors, FPL Energy, Barnett Bank, Trade Finance Corporation and Reserve Financial Management over a 13 year period. • Education: BA from University of Miami; MBA from University of Miami.

Adam Petryk


Start Date

Tenure

Tenure Rank

Jun 03, 2016

3.66

3.7%

Adam Petryk, CFA PRESIDENT • Works with CEO on business/strategic/investment decisions. Responsible for product development/integration (all strategies). • Formerly CIO at Batterymarch Financial Management, 2012 - 2014. Deputy CIO and co-head/Developed Markets, 2010 – 2012; Senior Director/Global Investment Strategist, Developed Markets, 2008 – 2010; Global Investment Strategist in 2007. Previously eight years with Legg Mason Canada Inc. as CIO and other senior roles. • BS, Computer Engineering; MS, Electrical Engineering, Univ. of Waterloo

Lisa Wang


Start Date

Tenure

Tenure Rank

Aug 15, 2019

0.46

0.5%

Lisa Wang, CFA Portfolio Manager • Member of the Portfolio Management group. • Formerly an ETF market maker and portfolio trader at Deutsche Bank from 2011 to 2014. Prior to obtaining her MBA, she was a research analyst at Gleacher Fund Advisors, a multi-strategy fund of hedge funds from 2006 to 2008. • Education: BA & BS from SUNY Binghamton and MBA from University of Chicago, Booth School of Business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 17.35 4.54 0.08