Transamerica Floating Rate Fund (TFLIX)
The investment seeks to achieve a high level of current income with capital appreciation as a secondary objective. Under normal circumstances the fund's sub-adviser seeks to achieve the fund's objective by investing at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in floating rate loans or floating rate debt securities. It can invest in senior loans of any maturity and quality. The majority of the fund's total assets generally will be invested in floating rate loans or floating rate debt securities rated below investment grade, and the fund may invest without limitation in such loans and securities.
Fund Info
US89355J2767
89355J276
Oct 30, 2013
$1,000,000
Expense Ratio
TFLIX features an expense ratio of 0.80%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Transamerica Floating Rate Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Transamerica Floating Rate Fund had a return of 0.62% year-to-date (YTD) and 8.94% in the last 12 months. Over the past 10 years, Transamerica Floating Rate Fund had an annualized return of 4.29%, while the S&P 500 had an annualized return of 11.31%, indicating that Transamerica Floating Rate Fund did not perform as well as the benchmark.
TFLIX
0.62%
0.40%
4.74%
8.94%
4.51%
4.29%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of TFLIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.85% | 0.62% | |||||||||||
| 2024 | 0.38% | 0.88% | 0.82% | 0.47% | 0.96% | 0.43% | 0.72% | 0.49% | 0.76% | 0.82% | 1.01% | 0.61% | 8.67% |
| 2023 | 2.36% | 0.39% | -0.28% | 0.89% | -0.58% | 2.41% | 0.93% | 0.84% | 0.69% | -0.23% | 1.08% | 1.58% | 10.52% |
| 2022 | 0.03% | -0.59% | 0.01% | -0.16% | -2.47% | -1.99% | 2.10% | 1.39% | -1.86% | 0.95% | 0.94% | 0.26% | -1.48% |
| 2021 | 0.83% | 0.50% | 0.08% | 0.48% | 0.45% | 0.35% | -0.11% | 0.24% | 0.48% | 0.17% | -0.31% | 0.67% | 3.88% |
| 2020 | 0.79% | -0.82% | -12.37% | 3.87% | 3.36% | 1.15% | 1.70% | 1.30% | 0.86% | 0.44% | 1.78% | 0.65% | 1.72% |
| 2019 | 2.37% | 1.37% | 0.02% | 1.40% | -0.16% | 0.41% | 0.68% | -0.19% | 0.32% | -0.54% | -0.12% | 1.34% | 7.09% |
| 2018 | 0.78% | 0.14% | 0.25% | 0.50% | -0.02% | -0.02% | 0.71% | 0.31% | 0.57% | 0.04% | -0.80% | -2.14% | 0.29% |
| 2017 | 0.49% | 0.52% | 0.12% | 0.40% | 0.35% | 0.11% | 0.54% | -0.06% | 0.34% | 0.57% | -0.07% | 0.33% | 3.72% |
| 2016 | -0.01% | -0.20% | 2.08% | 1.19% | 0.86% | -0.01% | 1.18% | 0.37% | 0.67% | 0.55% | 0.01% | 1.01% | 7.95% |
| 2015 | 0.60% | 1.10% | 0.39% | 0.69% | 0.07% | -0.01% | 0.35% | -0.41% | -0.40% | 0.36% | -0.54% | -0.50% | 1.71% |
| 2014 | 0.57% | 0.24% | 0.30% | 0.00% | 0.51% | 0.39% | 0.02% | 0.10% | -0.59% | 0.36% | 0.51% | -0.70% | 1.71% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 98, TFLIX is among the top 2% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Transamerica Floating Rate Fund (TFLIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Transamerica Floating Rate Fund provided a 8.35% dividend yield over the last twelve months, with an annual payout of $0.75 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.75 | $0.76 | $0.75 | $0.42 | $0.29 | $0.40 | $0.50 | $0.46 | $0.40 | $0.44 | $0.38 | $0.36 |
Dividend yield | 8.35% | 8.44% | 8.35% | 4.68% | 3.06% | 4.31% | 5.19% | 4.90% | 4.06% | 4.41% | 3.94% | 3.66% |
Monthly Dividends
The table displays the monthly dividend distributions for Transamerica Floating Rate 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.06 | $0.00 | $0.06 | ||||||||||
| 2024 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.06 | $0.07 | $0.06 | $0.07 | $0.06 | $0.06 | $0.07 | $0.76 |
| 2023 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.06 | $0.06 | $0.07 | $0.06 | $0.07 | $0.07 | $0.06 | $0.75 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.42 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.29 |
| 2020 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.40 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.50 |
| 2018 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2017 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.40 |
| 2016 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.44 |
| 2015 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.38 |
| 2014 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.36 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Transamerica Floating Rate 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 Floating Rate Fund was 17.79%, occurring on Mar 23, 2020. Recovery took 175 trading sessions.
The current Transamerica Floating Rate Fund drawdown is 0.22%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.79% | Feb 24, 2020 | 21 | Mar 23, 2020 | 175 | Nov 30, 2020 | 196 |
| -5.6% | Jan 24, 2022 | 112 | Jul 5, 2022 | 145 | Jan 31, 2023 | 257 |
| -3.45% | Nov 9, 2018 | 32 | Dec 27, 2018 | 38 | Feb 22, 2019 | 70 |
| -2.41% | Jul 31, 2015 | 135 | Feb 11, 2016 | 31 | Mar 29, 2016 | 166 |
| -2% | Mar 8, 2023 | 13 | Mar 24, 2023 | 24 | Apr 28, 2023 | 37 |
Volatility
Volatility Chart
The current Transamerica Floating Rate Fund volatility is 0.65%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.