Transamerica Short-Term Bond
TRANSAMERICA FUNDS · 8 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Transamerica Short-Term Bond is an actively managed U.S. bond fund.
- Asset class
- Bonds
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Credit quality
- Investment grade
- Rate sensitivity
- Short duration
Fund profile
As filed in the prospectus · 2026 Q1
Seeks a high level of income consistent with minimal fluctuation in principal value and liquidity.
The fund is managed by sub-adviser Aegon USA Investment Management, which invests at least 80% of assets in fixed-income securities selected through combined top-down macroeconomic analysis and bottom-up credit research, with a portfolio duration typically between 1 and 2.5 years. Holdings span U.S. corporate debt, foreign dollar-denominated debt, government obligations, mortgage-backed and asset-backed securities, and bank loans, with up to 20% permitted in high-yield debt and up to 10% in emerging market securities. The sub-adviser integrates environmental, social and governance factors into analysis of corporate and certain structured debt as a credit risk tool. Because security selection depends on the sub-adviser's credit assessments and macroeconomic views, fund performance will diverge from any benchmark.
| Share class | Gross | Net |
|---|---|---|
| TSIWX | 0.41% | — |
| ITAAX | 0.73% | — |
| ITACX | 1.48% | — |
| TSTIX | 0.51% | — |
| TASTX | 0.41% | — |
| TAAQX | 0.41% | 0.41% |
| TAASX | 0.91% | 0.91% |
| TAAUX | 0.66% | 0.65% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 58.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 75.39% |
| Securitized | 23.02% |
| Cash & short-term | 1.28% |
| Derivatives | -0.07% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Securitized | 23.1% |
| Other | 17.2% |
| Financials | 13.8% |
| International | 11.7% |
| 12 smaller | 34.3% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Largest new: Fixed Income Clearing Corp., CITIGROUP INC, Hotwire Funding LLC, MORGAN STANLEY, GOLDMAN SACHS GROUP INC, INTESA SANPAOLO SPA, ERAC USA FINANCE LLC, FIDELITY NATL INFO SERV
Largest exited: Fixed Income Clearing Corp, CITIGROUP INC, First National Master Note Trust, MORGAN STANLEY, BROOKFIELD FINANCE INC, AVIATION CAPITAL GROUP, AMERICAN EXPRESS CO, AUST & NZ BANKING GROUP
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +4.15% | +16.03% | +14.14% | 1.14% | -0.65% | |
| +3.74% | +14.83% | +12.37% | 1.32% | -0.66% | |
| +3.06% | +12.35% | +8.15% | 1.21% | -0.72% | |
| +4.08% | +15.73% | +13.79% | 1.35% | -0.66% | |
| +4.04% | +15.93% | +14.02% | 1.33% | -0.65% | |
| +4.15% | +16.04% | — | 1.28% | -0.65% | |
| +3.55% | +14.17% | — | 1.32% | -0.68% | |
| +3.90% | +15.17% | — | 1.31% | -0.66% |
These classes hold the same portfolio, so the 3.70pp spread over 3 years is the cost difference between them — roughly 1.23pp a year — not a difference in what they own.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 87.7% |
| Floating rate | 12.3% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 11.9% |
| 1-3y | 54.1% |
| 3-5y | 14.6% |
| 5-10y | 5.0% |
| 10y+ | 14.4% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying nearly as much.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 52% |
| Credit spreads | 48% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +1.58 yr |
| High yield | +0.21 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.04 yr | 2% |
| 1 yr | 1.14 yr | 58% |
| 5 yr | 0.63 yr | 32% |
| 10 yr | 0.11 yr | 6% |
| 30 yr | 0.05 yr | 2% |
| 3 mo | 0.05 yr | 3% |
| 1 yr | 0.96 yr | 54% |
| 5 yr | 0.62 yr | 34% |
| 10 yr | 0.12 yr | 6% |
| 30 yr | 0.05 yr | 3% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.04 | +0.05 | +0.01 | $17.1k | $2.3k |
| 1 yr | +1.14 | +0.88 | +0.08 | $316.6k | $27.9k |
| 5 yr | +0.63 | +0.54 | +0.07 | $195.4k | $26.2k |
| 10 yr | +0.11 | +0.08 | +0.03 | $29.6k | $12.1k |
| 30 yr | +0.05 | +0.03 | +0.02 | $10.6k | $5.9k |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | United States Treasury3.88% · due 2028-03-15 | 3.27% | $117.46M | — |
| — | United States Treasury4.25% · due 2029-02-28 | 0.97% | $34.74M | — |
| — | WELLS FARGO & COMPANY3.58% · due 2028-05-22 | 0.94% | $33.73M | — |
| — | Fixed Income Clearing Corp. | 0.86% | $30.82M | — |
| — | GXO LOGISTICS INC6.25% · due 2029-05-06 | 0.76% | $27.13M | — |
| — | CITIGROUP INC4.08% · due 2029-04-23 | 0.74% | $26.69M | — |
| — | BANK OF AMERICA CORP4.38% · due 2028-04-27 | 0.72% | $25.89M | — |
| — | United States Treasury4.25% · due 2028-02-15 | 0.68% | $24.44M | — |
| — | US BANK NA CINCINNATI4.73% · due 2028-05-15 | 0.64% | $23.12M | — |
| — | AVOLON HOLDINGS FNDG LTD6.38% · due 2028-05-04 | 0.62% | $22.25M | — |
Top 10 positions are 10.19% of net assets, top 25 18.51%, across 250 issuers.
See more of this fund's book
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