Transamerica Unconstrained Bond (TUNIX)

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Transamerica Unconstrained Bond (TUNIX) is up 1.4% since the beginning of the year. TUNIX is currently trading at $9 per share. Investors who bought $1,000 worth of TUNIX shares 5 years ago would now be looking at an investment worth $1,120.

Transamerica Unconstrained Bond (TUNIX) has returned 1.35% so far this year and 7.01% over the past 12 months. Over the last ten years, TUNIX has returned 3.56% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Jan 2, 2015, TUNIX's average daily return is +0.01%, while the average monthly return is +0.28%. At this rate, an investment would double in approximately 20.7 years.

Historically, 65% of months were positive and 35% were negative. The best month was Apr 2020 with a return of +4.1%, while the worst month was Mar 2020 at -9.3%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.

On a daily basis, TUNIX closed higher 36% of trading days. The best single day was Dec 21, 2021 with a return of +5.5%, while the worst single day was Dec 22, 2021 at -5.0%.

Transamerica Unconstrained Bond has an annualized alpha of 2.44%, beta of 0.07, and R2 of 0.10 versus S&P 500 Index. Calculated based on daily prices since January 05, 2015.

• This fund participated in 23.08% of S&P 500 Index downside but only 19.88% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.07 may look defensive, but with R2 of 0.10 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 0.10 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.

TUNIX has an expense ratio of 0.80%, placing it in the medium range.

TUNIX 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.

The table below present risk-adjusted performance metrics for Transamerica Unconstrained Bond (TUNIX) and compare them to S&P 500 Index.

Transamerica Unconstrained Bond provided a 6.47% dividend yield over the last twelve months, with an annual payout of $0.56 per share.

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.

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 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 14.31%, occurring on Mar 23, 2020. Recovery took 91 trading sessions.

The chart below shows the rolling one-month volatility.