- ISIN
- US89355J2197
- CUSIP
- 89355J219
- Issuer
- Transamerica
- Inception Date
- Dec 7, 2014
- Category
- Nontraditional Bonds
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
TUNIX Performance Chart
Transamerica Unconstrained Bond (TUNIX) is up 0.7% 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 $1,109.
Loading charts...
Compare this symbol against anything
Returns By Period
Transamerica Unconstrained Bond (TUNIX) has returned 0.66% so far this year and 3.95% over the past 12 months. Over the last ten years, TUNIX has returned 3.30% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Transamerica Unconstrained Bond
- 1D
- 0.00%
- 1M
- -1.03%
- 6M
- 0.14%
- YTD
- 0.66%
- 1Y
- 3.95%
- 3Y*
- 5.36%
- 5Y*
- 2.09%
- 10Y*
- 3.30%
- ALL TIME*
- 3.21%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.36%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
TUNIX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2015, TUNIX's average daily return is +0.01%, while the average monthly return is +0.27%. At this rate, an investment would double in approximately 21.4 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.52% | 0.46% | -1.44% | 1.39% | 0.43% | 0.36% | -1.03% | 0.66% | |||||
| 2025 | 0.60% | 1.37% | -0.31% | -0.09% | 0.70% | 1.64% | 0.37% | 1.36% | 0.95% | 0.27% | 0.35% | 0.52% | 8.00% |
| 2024 | 0.27% | 0.06% | 0.96% | -1.08% | 1.44% | -0.00% | 1.78% | 1.22% | 1.14% | -1.26% | 0.82% | -0.72% | 4.68% |
| 2023 | 1.76% | -0.53% | 0.14% | 0.00% | -0.59% | 0.87% | 0.91% | -0.80% | -0.97% | -1.28% | 3.17% | 2.73% | 5.41% |
| 2022 | -0.77% | -1.45% | -0.23% | -1.16% | -0.97% | -2.62% | 0.79% | -0.22% | -2.40% | -0.67% | 1.94% | 0.22% | -7.40% |
| 2021 | 0.25% | 0.57% | 0.00% | 0.56% | 0.36% | 0.51% | -0.11% | 0.60% | -0.02% | -0.22% | -1.08% | 0.57% | 2.00% |
Benchmark Metrics
Transamerica Unconstrained Bond has an annualized alpha of 2.35%, beta of 0.07, and R2 of 0.10 versus S&P 500 Index. Calculated based on daily prices since January 02, 2015.
- This fund participated in 23.15% of S&P 500 Index downside but only 19.86% 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.
- Alpha
- 2.35%
- Beta
- 0.07
- R²
- 0.10
- Upside Capture
- 19.86%
- Downside Capture
- 23.15%
Expense Ratio
TUNIX has an expense ratio of 0.80%, placing it in the medium range.
Return for Risk
Risk / Return Rank
TUNIX ranks 61 for risk / return — above 61% of mutual funds peers on PortfoliosLab. Its historical combined result is above most peers.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Transamerica Unconstrained Bond (TUNIX) 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.
| TUNIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.25 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 2.00 | +0.02 |
| Martin ratioReturn relative to average drawdown | 8.43 | 8.49 | -0.06 |
Dividends
Dividend History
Transamerica Unconstrained Bond provided a 6.05% dividend yield over the last twelve months, with an annual payout of $0.52 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.52 | $0.54 | $0.61 | $0.32 | $0.20 | $0.84 | $0.30 | $0.38 | $0.39 | $0.26 | $0.38 | $0.33 |
Dividend yield | 6.05% | 6.17% | 7.06% | 3.61% | 2.26% | 8.72% | 2.95% | 3.84% | 4.15% | 2.55% | 3.79% | 3.44% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.06 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.27 | |||||
| 2025 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.08 | $0.54 |
| 2024 | $0.04 | $0.05 | $0.05 | $0.05 | $0.06 | $0.00 | $0.07 | $0.07 | $0.07 | $0.07 | $0.05 | $0.05 | $0.61 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.00 | $0.04 | $0.04 | $0.04 | $0.00 | $0.04 | $0.00 | $0.04 | $0.04 | $0.32 |
| 2022 | $0.03 | $0.02 | $0.02 | $0.02 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 | $0.00 | $0.03 | $0.03 | $0.20 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.53 | $0.84 |
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.
Loading charts...
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 14.31%, occurring on Mar 23, 2020. Recovery took 91 trading sessions.
The current Transamerica Unconstrained Bond drawdown is 1.03%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-14.31%Mar 2020 | 28d | 4mo 10d | 5mo 8dFeb 2020 - Jul 2020 | COVID crash2020 |
-14.11%Oct 2022 | 10mo 3d | 2y 8mo | 3y 6moDec 2021 - Jun 2025 | Bear market2022 |
-8.75%Feb 2016 | 8mo 20d | 5mo 2d | 1y 1moMay 2015 - Jul 2016 | — |
-4.44%Dec 2018 | 10mo 28d | 2mo 4d | 1y 27dFeb 2018 - Mar 2019 | Rate-hike selloffLate 2018 |
-2.63%Nov 2016 | 19d | 1mo 21d | 2mo 10dOct 2016 - Jan 2017 | — |
Drawdown Indicators
| TUNIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.31% | -56.78% | +42.47% |
Max Drawdown (1Y)Largest decline over 1 year | -2.39% | -9.10% | +6.71% |
Max Drawdown (3Y)Largest decline over 3 years | -2.82% | -18.90% | +16.08% |
Max Drawdown (5Y)Largest decline over 5 years | -14.11% | -25.43% | +11.32% |
Max Drawdown (10Y)Largest decline over 10 years | -14.31% | -33.92% | +19.61% |
Current DrawdownCurrent decline from peak | -1.03% | -1.58% | +0.55% |
Average DrawdownAverage peak-to-trough decline | -3.00% | -10.70% | +7.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.57% | 2.14% | -1.57% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with TUNIX
Add Transamerica Unconstrained Bond to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with TUNIX