- ISIN
- US8939573650
- CUSIP
- 893957365
- Issuer
- Transamerica
- Inception Date
- Apr 2, 2001
- Category
- Mid Cap Value Equities
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
IIVAX Performance Chart
Transamerica Small/Mid Cap Value Fund (IIVAX) is up 10.6% since the beginning of the year. IIVAX is currently trading at $29 per share. Investors who bought $1,000 worth of IIVAX shares 5 years ago would now be looking at an investment worth $1,458.
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Returns By Period
Transamerica Small/Mid Cap Value Fund (IIVAX) has returned 10.59% so far this year and 22.78% over the past 12 months. Over the last ten years, IIVAX has returned 10.07% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Transamerica Small/Mid Cap Value Fund
- 1D
- 0.35%
- 1M
- 0.85%
- YTD
- 10.59%
- 6M
- 9.23%
- 1Y
- 22.78%
- 3Y*
- 12.47%
- 5Y*
- 7.84%
- 10Y*
- 10.07%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
IIVAX Monthly Returns History
Based on dividend-adjusted daily data since Mar 30, 2001, IIVAX's average daily return is +0.05%, while the average monthly return is +1.00%. At this rate, an investment would double in approximately 5.8 years.
Historically, 61% of months were positive and 39% were negative. The best month was Apr 2009 with a return of +20.8%, while the worst month was Mar 2020 at -23.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, IIVAX closed higher 53% of trading days. The best single day was Dec 21, 2021 with a return of +13.9%, while the worst single day was Mar 16, 2020 at -13.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.23% | 2.62% | -4.92% | 6.80% | 0.74% | 0.11% | 10.59% | ||||||
| 2025 | 2.50% | -2.06% | -2.83% | -3.19% | 3.17% | 3.35% | 0.72% | 5.91% | -0.25% | -1.86% | 3.03% | 1.07% | 9.49% |
| 2024 | -1.18% | 3.41% | 4.99% | -5.14% | 2.91% | -2.58% | 8.52% | -0.53% | -0.03% | -1.31% | 6.94% | -6.56% | 8.57% |
| 2023 | 7.78% | -2.89% | -3.55% | -0.47% | -3.54% | 7.58% | 4.81% | -1.81% | -4.05% | -4.37% | 6.38% | 6.95% | 12.02% |
| 2022 | -2.70% | 0.44% | 1.41% | -5.18% | 4.20% | -9.31% | 7.45% | -3.59% | -9.80% | 10.00% | 5.16% | -4.52% | -8.35% |
| 2021 | 0.79% | 7.69% | 6.34% | 4.14% | 2.25% | -1.65% | -0.90% | 2.17% | -2.80% | 3.51% | -2.69% | 6.39% | 27.49% |
Benchmark Metrics
Transamerica Small/Mid Cap Value Fund has an annualized alpha of 3.48%, beta of 0.98, and R2 of 0.75 versus S&P 500 Index. Calculated based on daily prices since March 30, 2001.
- This fund captured 116.74% of S&P 500 Index gains and 102.72% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 3.48% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 0.98 and R2 of 0.75, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 3.48%
- Beta
- 0.98
- R²
- 0.75
- Upside Capture
- 116.74%
- Downside Capture
- 102.72%
Expense Ratio
IIVAX has a high expense ratio of 1.23%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
IIVAX ranks 42 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Transamerica Small/Mid Cap Value Fund (IIVAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IIVAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.60 | 2.78 | -0.18 |
| Martin ratioReturn relative to average drawdown | 8.98 | 12.44 | -3.46 |
Dividends
Dividend History
Transamerica Small/Mid Cap Value Fund provided a 9.57% dividend yield over the last twelve months, with an annual payout of $2.73 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.73 | $2.73 | $3.32 | $1.31 | $2.46 | $3.32 | $0.13 | $0.82 | $2.69 | $3.60 | $1.59 | $2.20 |
Dividend yield | 9.57% | 10.58% | 12.75% | 4.83% | 9.72% | 10.94% | 0.48% | 3.17% | 12.58% | 13.20% | 5.91% | 9.34% |
Monthly Dividends
The table displays the monthly dividend distributions for Transamerica Small/Mid Cap Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.73 | $2.73 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.32 | $3.32 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.31 | $1.31 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.46 | $2.46 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.32 | $3.32 |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Transamerica Small/Mid Cap Value 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 Small/Mid Cap Value Fund was 57.38%, occurring on Mar 9, 2009. Recovery took 443 trading sessions.
The current Transamerica Small/Mid Cap Value Fund drawdown is 2.33%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -57.38%Mar 2009 | 1y 4mo | 1y 9mo | 3y 1moNov 2007 - Dec 2010 |
COVID crash2020 | -44.13%Mar 2020 | 2mo 6d | 8mo 16d | 10mo 22dJan 2020 - Dec 2020 |
Dot-com crash2000–2002 | -37.78%Oct 2002 | 5mo 25d | 1y 4d | 1y 5moApr 2002 - Oct 2003 |
2011 bear market2011 | -29.48%Oct 2011 | 5mo 4d | 11mo 17d | 1y 4moMay 2011 - Sep 2012 |
Bear market2022 | -23.12%Sep 2022 | 9mo 12d | 1y 5mo | 2y 3moDec 2021 - Mar 2024 |
Drawdown Indicators
| IIVAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.38% | -56.78% | -0.60% |
Max Drawdown (1Y)Largest decline over 1 year | -8.87% | -9.10% | +0.23% |
Max Drawdown (3Y)Largest decline over 3 years | -19.76% | -18.90% | -0.86% |
Max Drawdown (5Y)Largest decline over 5 years | -23.12% | -25.43% | +2.31% |
Max Drawdown (10Y)Largest decline over 10 years | -44.13% | -33.92% | -10.21% |
Current DrawdownCurrent decline from peak | -2.33% | -1.80% | -0.53% |
Average DrawdownAverage peak-to-trough decline | -8.32% | -10.71% | +2.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 2.03% | +0.53% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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