Transamerica Multi-Managed Balanced Fund (IBALX)

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Transamerica Multi-Managed Balanced Fund (IBALX) is up 5.7% since the beginning of the year. IBALX is currently trading at $38 per share. Investors who bought $1,000 worth of IBALX shares 5 years ago would now be looking at an investment worth $1,470.

Transamerica Multi-Managed Balanced Fund (IBALX) has returned 5.71% so far this year and 17.10% over the past 12 months. Over the last ten years, IBALX has returned 9.64% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Dec 2, 1994, IBALX's average daily return is +0.04%, while the average monthly return is +0.78%. At this rate, an investment would double in approximately 7.4 years.

Historically, 68% of months were positive and 32% were negative. The best month was Dec 1998 with a return of +10.2%, while the worst month was Oct 2008 at -15.3%. The longest winning streak lasted 18 consecutive months, and the longest losing streak was 5 months.

On a daily basis, IBALX closed higher 53% of trading days. The best single day was Dec 21, 2021 with a return of +6.5%, while the worst single day was Mar 16, 2020 at -7.0%.

Transamerica Multi-Managed Balanced Fund has an annualized alpha of 3.31%, beta of 0.58, and R2 of 0.85 versus S&P 500 Index. Calculated based on daily prices since December 05, 1994.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (68.40%) than losses (63.71%) - typical of diversified or defensive assets.
• This fund generated an annualized alpha of 3.31% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• Beta of 0.58 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

IBALX has a high expense ratio of 0.96%, indicating above-average management fees.

IBALX ranks 63 for risk / return — better than 63% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Transamerica Multi-Managed Balanced Fund (IBALX) and compare them to S&P 500 Index.

Transamerica Multi-Managed Balanced Fund provided a 5.82% dividend yield over the last twelve months, with an annual payout of $2.20 per share.

The table displays the monthly dividend distributions for Transamerica Multi-Managed Balanced Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Transamerica Multi-Managed Balanced Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Transamerica Multi-Managed Balanced Fund was 43.33%, occurring on Nov 20, 2008. Recovery took 510 trading sessions.

The chart below shows the rolling one-month volatility.