- ISIN
- US89355J4334
- CUSIP
- 89355J433
- Issuer
- Transamerica
- Inception Date
- Jul 30, 2013
- Category
- High Yield Muni
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
THYIX Performance Chart
Transamerica High Yield Muni (THYIX) is up 2.6% since the beginning of the year. THYIX is currently trading at $10 per share. Investors who bought $1,000 worth of THYIX shares 5 years ago would now be looking at an investment worth $1,008.
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Returns By Period
Transamerica High Yield Muni (THYIX) has returned 2.56% so far this year and 6.98% over the past 12 months. Over the last ten years, THYIX has returned 2.30% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Transamerica High Yield Muni
- 1D
- 0.10%
- 1M
- 1.49%
- YTD
- 2.56%
- 6M
- 3.15%
- 1Y
- 6.98%
- 3Y*
- 5.54%
- 5Y*
- 0.15%
- 10Y*
- 2.30%
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%
THYIX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2014, THYIX's average daily return is +0.02%, while the average monthly return is +0.36%. At this rate, an investment would double in approximately 16.1 years.
Historically, 69% of months were positive and 31% were negative. The best month was Nov 2023 with a return of +6.8%, while the worst month was Mar 2020 at -10.1%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 4 months.
On a daily basis, THYIX closed higher 42% of trading days. The best single day was Mar 25, 2020 with a return of +2.7%, while the worst single day was Mar 19, 2020 at -4.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.63% | 1.60% | -1.81% | 1.33% | 0.62% | 0.19% | 2.56% | ||||||
| 2025 | 0.55% | 1.69% | -1.58% | -1.60% | -0.10% | 0.41% | -1.27% | 0.67% | 2.77% | 1.15% | 0.45% | 0.10% | 3.17% |
| 2024 | 0.57% | 0.45% | 0.41% | -1.55% | 0.66% | 2.35% | 1.15% | 0.92% | 1.88% | -1.41% | 1.95% | -1.40% | 6.05% |
| 2023 | 4.82% | -3.04% | 1.46% | -0.10% | -0.60% | 1.99% | 0.55% | -1.57% | -2.84% | -1.96% | 6.83% | 2.91% | 8.24% |
| 2022 | -2.04% | -1.18% | -4.03% | -5.98% | 1.30% | -5.39% | 4.73% | -3.02% | -7.12% | -2.19% | 5.87% | -0.55% | -18.68% |
| 2021 | 1.78% | -0.46% | 0.88% | 1.51% | 1.30% | 1.30% | 0.95% | -0.16% | -0.99% | -0.10% | 1.36% | 0.35% | 7.94% |
Benchmark Metrics
Transamerica High Yield Muni has an annualized alpha of 3.89%, beta of 0.03, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since January 02, 2014.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (22.06%) than losses (20.89%) - typical of diversified or defensive assets.
- Beta of 0.03 may look defensive, but with R2 of 0.01 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.01 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 3.89%
- Beta
- 0.03
- R²
- 0.01
- Upside Capture
- 22.06%
- Downside Capture
- 20.89%
Expense Ratio
THYIX has an expense ratio of 0.76%, placing it in the medium range.
Return for Risk
Risk / Return Rank
THYIX ranks 67 for risk / return — better than 67% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Transamerica High Yield Muni (THYIX) 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.
| THYIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.37 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.59 | 2.78 | -0.19 |
| Martin ratioReturn relative to average drawdown | 8.75 | 12.44 | -3.69 |
Dividends
Dividend History
Transamerica High Yield Muni provided a 4.36% dividend yield over the last twelve months, with an annual payout of $0.46 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.46 | $0.47 | $0.41 | $0.33 | $0.28 | $0.39 | $0.43 | $0.44 | $0.43 | $0.36 | $0.49 | $0.39 |
Dividend yield | 4.36% | 4.52% | 3.93% | 3.18% | 2.81% | 3.10% | 3.64% | 3.65% | 3.81% | 3.10% | 4.42% | 3.40% |
Monthly Dividends
The table displays the monthly dividend distributions for Transamerica High Yield Muni. 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 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.00 | $0.18 | ||||||
| 2025 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.47 |
| 2024 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.41 |
| 2023 | $0.04 | $0.04 | $0.04 | $0.00 | $0.04 | $0.04 | $0.04 | $0.00 | $0.04 | $0.00 | $0.04 | $0.03 | $0.33 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.28 |
| 2021 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.39 |
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 High Yield Muni. 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 High Yield Muni was 23.56%, occurring on Oct 25, 2022. The portfolio has not yet recovered.
The current Transamerica High Yield Muni drawdown is 1.25%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -23.56%Oct 2022 | 10mo 7d | — | 4y 6moDec 2021 - now |
COVID crash2020 | -15.95%Mar 2020 | 17d | 9mo 22d | 10mo 9dMar 2020 - Jan 2021 |
2016 pullback2016 | -8.86%Dec 2016 | 2mo 24d | 9mo 1d | 11mo 25dSep 2016 - Aug 2017 |
Rate-hike selloffLate 2018 | -2.74%Nov 2018 | 2mo 12d | 3mo 15d | 5mo 27dSep 2018 - Feb 2019 |
2015 pullback2015 | -2.37%Jun 2015 | 4mo 7d | 3mo 10d | 7mo 17dFeb 2015 - Sep 2015 |
Drawdown Indicators
| THYIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.56% | -56.78% | +33.22% |
Max Drawdown (1Y)Largest decline over 1 year | -2.74% | -9.10% | +6.36% |
Max Drawdown (3Y)Largest decline over 3 years | -6.66% | -18.90% | +12.24% |
Max Drawdown (5Y)Largest decline over 5 years | -23.56% | -25.43% | +1.87% |
Max Drawdown (10Y)Largest decline over 10 years | -23.56% | -33.92% | +10.36% |
Current DrawdownCurrent decline from peak | -1.25% | -1.80% | +0.55% |
Average DrawdownAverage peak-to-trough decline | -4.56% | -10.71% | +6.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.81% | 2.03% | -1.22% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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