Continue to site >
Trending ETFs

Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.95

$248 M

2.39%

$0.19

0.74%

Vitals

YTD Return

7.8%

1 yr return

19.7%

3 Yr Avg Return

4.6%

5 Yr Avg Return

5.1%

Net Assets

$248 M

Holdings in Top 10

35.0%

52 WEEK LOW AND HIGH

$8.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.74%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 164.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.95

$248 M

2.39%

$0.19

0.74%

TRDIX - Profile

Distributions

  • YTD Total Return 7.8%
  • 3 Yr Annualized Total Return 4.6%
  • 5 Yr Annualized Total Return 5.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.97%
DIVIDENDS
  • Dividend Yield 2.4%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Transamerica Sustainable Equity Income
  • Fund Family Name
    Transamerica
  • Inception Date
    Jan 04, 2013
  • Shares Outstanding
    N/A
  • Share Class
    I2
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Mark Peden

Fund Description

The fund’s sub-adviser, Aegon Asset Management UK plc (the “sub-adviser”), deploys an active strategy that generally invests in large and middle U.S. capitalization companies, focusing on those that pay dividends and that the sub-adviser views as having a favorable sustainability profile. Under normal circumstances, the fund will invest at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in equity securities. The sub-adviser generally looks to buy stocks and hold them over multi-year periods in an effort to benefit from the compounding effects of increasing dividends.When selecting dividend-paying stocks, the sub-adviser normally seeks to invest in companies that fall within one of three groupings established by the sub-adviser. One group is “compounders” or those companies that the sub-adviser sees as consistent annual dividend growers with long-term records of growing dividend-per-share. A second group is “hoarders” or those companies that are viewed by the sub-adviser as having the operating success and balance sheet strength to potentially increase dividend payout ratios and positively surprise the market. The third group is “de-equitizers” with capital structures that the sub-adviser believes offer the potential for mergers and acquisitions or share buy-backs.In addition, the sub-adviser seeks to invest in stocks of companies with what the sub-adviser views as having positive sustainability credentials. The sub-adviser applies its sustainability assessment framework in evaluating each company considered for the fund. The sub-adviser maintains an exclusion list containing companies involved in a range of activities that the sub-adviser believes have a negative impact on the environment and/or social factors. These are therefore excluded by the sub-adviser from the investible universe at the start of the investment process,based on the following criteria: adult entertainment (own an adult entertainment company or produce adult entertainment), animal testing (engage in the production of sales or animal tested cosmetics), gambling (derive more than 10% of revenue from gambling), genetic modification (conduct genetic modification for agricultural policies), tobacco (derive more than 10% revenue from tobacco), weapons (produce or sell civilian firearms and firms which manufacture or sell armaments, nuclear weaponsor associated products), nuclear power(own anuclear power facility), fossil fuels (engagement in the extraction of coaland oil) and human rights(companies failing to address serious allegations of violations of international standards on human rights including the use of child forced or bonded labor). In assessing whether an individual company is an eligible investment or excluded based on the exclusionary list, the sub-adviser utilizes MSCI and ISS to check revenue exposure to excluded activities. At each annual update or as material corporate events occur, the sub-adviser utilizes MSCI and ISS to reassess revenue exposures.Sustainability research by the sub-adviser’s Responsible Investment team, composed of employees of the sub-adviser and certain of its affiliates, forms a key part of the sub-adviser’s investment process. For companies not excluded based on the sub-advisers exclusion list, the Responsible Investment team independently conducts sustainability research on each company proposed for investment by the sub-adviser’s investment team. The sustainability research uses a three-dimensional framework to analyze each company, focusing on what the sub-adviser views as material sustainability factors with clear links to risks and opportunities. For each company, this process analyzes (i) its products (what it does), (ii) its practices (how it does it) and (iii) its sustainable improvement (is it improving from a sustainability perspective or does it have credible plans to do so?). The outcome of this analysis is that each company proposed for investment by the investment team is classified by the Responsible Investment team as either a sustainability “leader”, “improver”, or “laggard”, and the sub-adviser may only invest in companies identified as leaders or improvers.Sustainability “leaders” are companies that the Responsible Investment team believes exhibit top-quartile performance relative to global and regional peers from a combination of positive operational practices and being strategically well positioned with regard to the impact of their products or services. Activities that generate clear positive impact are viewed positively by the team.“Improvers” are companies in which the Responsible Investment team has identified sustainability issues that need to be addressed but where the team believes the company is taking action to address these and is showing clear signs of improvement, or has credible plans to do so.“Laggards” have, in the Responsible Investment team’s view, a poor product impact and/or have unacceptably low operational standards.If a company is classified as a “laggard” by the Responsible Investment team, the company is not eligible for inclusion in the fund.The sub-adviser constructs a portfolio of individual stocks, selected on a “bottom-up” basis, meaning that it selects individual securities based on their specific merits, using fundamental analysis. The fund will typically consist of approximately 35 to 50 stocks with individual position sizes generally ranging from 1% to 10% of the fund’s net assets (10% maximum position weighting). Non-U.S. stocks, including American Depository Receipts (ADRs), are limited to 10% of the fund’s net assets. Annual portfolio turnover is anticipated to normally be less than 40%.The sub-adviser generally employs a fully invested strategy. Therefore, under normal market conditions, cash and cash equivalents will generally be less than 5% of the fund’s net assets.The fund may,but is not required to, invest in index-traded futures to equitize cash in order to gain general equity market exposure until investments are made into stocks of individual companies.All investments by the fund, with the exception of cash, cash equivalents, short-term debt securities, repurchase agreements, money market instruments and index-traded futures, are subject to the sub-adviser’s sustainability assessment framework.
Read More

TRDIX - Performance

Return Ranking - Trailing

Period TRDIX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.8% -4.5% 22.2% 33.91%
1 Yr 19.7% -5.0% 42.6% 68.43%
3 Yr 4.6%* -2.6% 31.5% 92.60%
5 Yr 5.1%* -0.1% 44.3% 98.38%
10 Yr N/A* 1.3% 24.9% N/A

* Annualized

Return Ranking - Calendar

Period TRDIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.1% -24.9% 46.1% 63.63%
2022 -13.2% -65.1% 4.6% 59.98%
2021 3.1% -44.2% 57.5% 90.83%
2020 -9.9% -23.2% 285.0% 93.77%
2019 7.0% -21.4% 48.5% 95.88%

Total Return Ranking - Trailing

Period TRDIX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.8% -4.5% 22.2% 33.91%
1 Yr 19.7% -5.0% 42.6% 68.43%
3 Yr 4.6%* -2.6% 31.5% 92.60%
5 Yr 5.1%* -0.1% 44.3% 98.38%
10 Yr N/A* 1.3% 24.9% N/A

* Annualized

Total Return Ranking - Calendar

Period TRDIX Return Category Return Low Category Return High Rank in Category (%)
2023 6.2% -15.9% 46.7% 83.25%
2022 -11.3% -42.0% 8.5% 89.31%
2021 22.2% 3.6% 129.7% 85.20%
2020 -7.5% -22.6% 304.8% 97.21%
2019 23.4% -12.7% 52.1% 73.95%

NAV & Total Return History


TRDIX - Holdings

Concentration Analysis

TRDIX Category Low Category High TRDIX % Rank
Net Assets 248 M 93 163 B 73.82%
Number of Holdings 47 2 1689 82.68%
Net Assets in Top 10 85.3 M 420 K 33.9 B 69.73%
Weighting of Top 10 35.01% 5.6% 99.9% 24.48%

Top 10 Holdings

  1. Broadcom, Inc. 4.83%
  2. CME Group, Inc. 4.16%
  3. Merck Co., Inc. 4.01%
  4. Gilead Sciences, Inc. 3.77%
  5. Cisco Systems, Inc. 3.62%
  6. Microsoft Corp. 3.48%
  7. Republic Services, Inc. 3.06%
  8. Colgate-Palmolive Co. 2.75%
  9. MetLife, Inc. 2.74%
  10. Taiwan Semiconductor Manufacturing Co. Ltd. 2.60%

Asset Allocation

Weighting Return Low Return High TRDIX % Rank
Stocks
99.00% 1.86% 108.42% 38.34%
Other
0.94% -3.53% 39.72% 9.69%
Cash
0.59% -0.79% 38.18% 72.04%
Preferred Stocks
0.00% 0.00% 13.88% 49.31%
Convertible Bonds
0.00% 0.00% 3.66% 46.78%
Bonds
0.00% -0.71% 73.23% 34.13%

Stock Sector Breakdown

Weighting Return Low Return High TRDIX % Rank
Financial Services
22.02% 0.00% 58.05% 22.02%
Industrials
19.79% 0.00% 42.76% 2.85%
Technology
13.57% 0.00% 54.02% 25.99%
Healthcare
11.50% 0.00% 30.08% 91.88%
Consumer Cyclical
6.72% 0.00% 22.74% 37.82%
Communication Services
6.63% 0.00% 26.58% 35.75%
Consumer Defense
6.57% 0.00% 34.10% 75.91%
Basic Materials
6.54% 0.00% 21.69% 9.33%
Real Estate
4.14% 0.00% 90.54% 34.28%
Utilities
2.52% 0.00% 27.04% 76.08%
Energy
0.00% 0.00% 54.00% 97.93%

Stock Geographic Breakdown

Weighting Return Low Return High TRDIX % Rank
US
99.00% 1.86% 108.42% 29.33%
Non US
0.00% 0.00% 27.89% 54.80%

TRDIX - Expenses

Operational Fees

TRDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.74% 0.01% 17.54% 68.27%
Management Fee 0.66% 0.00% 1.50% 66.98%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

TRDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

TRDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

TRDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 164.00% 0.00% 488.00% 95.80%

TRDIX - Distributions

Dividend Yield Analysis

TRDIX Category Low Category High TRDIX % Rank
Dividend Yield 2.39% 0.00% 36.55% 61.59%

Dividend Distribution Analysis

TRDIX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Quarterly Semi-Annually

Net Income Ratio Analysis

TRDIX Category Low Category High TRDIX % Rank
Net Income Ratio 1.97% -1.51% 4.28% 16.68%

Capital Gain Distribution Analysis

TRDIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

TRDIX - Fund Manager Analysis

Managers

Mark Peden


Start Date

Tenure

Tenure Rank

Dec 01, 2020

1.5

1.5%

Mark Peden is the architect of our global equity income strategy and has been the lead manager of the Kames Global Equity Income Fund since its inception in 2012. European equities are his main area of research expertise where he has been analysing companies since joining the firm in 1992. Over his tenure Mark has held a number of positions and managed a range of both International and European equity funds. He graduated from the University of York and the University of California (Santa Barbara) with a BSc honours degree in Economics with Politics. He has been a qualified Chartered Financial Analyst (CFA) since 1997 and is also an Associate member of the UK Society of Investment Professionals (ASIP).

Robin Black


Start Date

Tenure

Tenure Rank

Dec 01, 2020

1.5

1.5%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 8.01 16.42