Transamerica Unconstrained Bond (TUNIX)
The investment seeks to maximize total return through a combination of interest income and capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in bonds. It may invest in investment grade and below investment grade (commonly known as "junk bonds") fixed-income securities issued by domestic and foreign issuers, including those in emerging market countries. The fund will not be constrained by management against an index. The average portfolio duration of the fund will normally vary from -3 to 10 years.
Fund Info
US89355J2197
89355J219
Dec 7, 2014
$1,000,000
Expense Ratio
TUNIX features an expense ratio of 0.80%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Transamerica Unconstrained Bond, 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 Unconstrained Bond had a return of 0.72% year-to-date (YTD) and 6.24% in the last 12 months. Over the past 10 years, Transamerica Unconstrained Bond had an annualized return of 2.75%, while the S&P 500 had an annualized return of 11.31%, indicating that Transamerica Unconstrained Bond did not perform as well as the benchmark.
TUNIX
0.72%
0.72%
1.22%
6.24%
1.98%
2.75%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of TUNIX, 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 | 0.60% | 0.72% | |||||||||||
| 2024 | 0.27% | 0.06% | 1.02% | -1.14% | 1.44% | 0.64% | 1.73% | 1.22% | 1.14% | -1.26% | 0.82% | -0.72% | 5.30% |
| 2023 | 1.76% | -0.53% | 0.14% | 0.34% | -0.59% | 0.87% | 0.91% | -0.34% | -0.96% | -0.79% | 3.17% | 2.73% | 6.79% |
| 2022 | -0.78% | -1.45% | -0.21% | -1.16% | -0.72% | -2.38% | 1.05% | -0.22% | -2.40% | -0.39% | 1.94% | 0.22% | -6.41% |
| 2021 | 0.25% | 0.57% | 0.00% | 0.56% | 0.36% | 0.50% | -0.11% | 0.60% | -0.02% | -0.22% | -1.08% | -3.80% | -2.43% |
| 2020 | 0.69% | -0.94% | -9.28% | 4.09% | 2.65% | 1.79% | 2.70% | 1.11% | -0.69% | 1.11% | 3.42% | 1.35% | 7.55% |
| 2019 | 2.70% | 1.41% | 0.37% | 1.19% | -0.56% | 0.84% | 0.66% | 0.10% | 0.31% | -0.05% | 0.12% | 1.09% | 8.45% |
| 2018 | 0.72% | -0.79% | -0.33% | 0.25% | -0.73% | -0.35% | 0.89% | -0.13% | 0.62% | -0.83% | -1.05% | -1.68% | -3.38% |
| 2017 | 1.80% | 1.08% | 0.56% | 0.18% | 0.18% | 0.19% | 0.48% | 0.10% | 0.43% | 0.40% | 0.24% | 0.33% | 6.12% |
| 2016 | -2.09% | -1.24% | 4.13% | 2.30% | 0.56% | -0.26% | 1.92% | 0.81% | 0.38% | 0.68% | -1.12% | 1.70% | 7.87% |
| 2015 | 0.75% | 0.93% | 0.20% | 1.07% | 0.27% | -0.80% | 0.11% | -1.01% | -1.17% | 1.01% | -0.56% | -1.43% | -0.66% |
| 2014 | -0.38% | -0.38% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 79, TUNIX is among the top 21% 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 Unconstrained Bond (TUNIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Transamerica Unconstrained Bond provided a 7.66% dividend yield over the last twelve months, with an annual payout of $0.67 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.67 | $0.67 | $0.43 | $0.29 | $0.40 | $0.33 | $0.38 | $0.39 | $0.26 | $0.40 | $0.33 | $0.00 |
Dividend yield | 7.66% | 7.70% | 4.88% | 3.35% | 4.18% | 3.23% | 3.86% | 4.13% | 2.54% | 4.08% | 3.46% | 0.02% |
Monthly Dividends
The table displays the monthly dividend distributions for Transamerica Unconstrained Bond. 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 | $0.04 | $0.00 | $0.04 | ||||||||||
| 2024 | $0.04 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.05 | $0.05 | $0.67 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.43 |
| 2022 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.29 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.09 | $0.40 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.38 |
| 2018 | $0.02 | $0.02 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.39 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.03 | $0.02 | $0.26 |
| 2016 | $0.03 | $0.03 | $0.05 | $0.03 | $0.04 | $0.05 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.05 | $0.40 |
| 2015 | $0.02 | $0.04 | $0.03 | $0.03 | $0.03 | $0.01 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.04 | $0.33 |
| 2014 | $0.00 | $0.00 |
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 Unconstrained Bond. 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 Unconstrained Bond was 14.30%, occurring on Mar 23, 2020. Recovery took 91 trading sessions.
The current Transamerica Unconstrained Bond drawdown is 0.68%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.3% | Feb 24, 2020 | 21 | Mar 23, 2020 | 91 | Jul 31, 2020 | 112 |
| -13.67% | Sep 20, 2021 | 276 | Oct 21, 2022 | 469 | Sep 5, 2024 | 745 |
| -8.75% | May 22, 2015 | 183 | Feb 11, 2016 | 103 | Jul 11, 2016 | 286 |
| -4.44% | Feb 2, 2018 | 227 | Dec 27, 2018 | 43 | Mar 1, 2019 | 270 |
| -2.63% | Oct 26, 2016 | 14 | Nov 14, 2016 | 34 | Jan 4, 2017 | 48 |
Volatility
Volatility Chart
The current Transamerica Unconstrained Bond volatility is 0.84%, 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.