Transamerica High Yield Bond
Data updated: 2026-09-28
C000021235 — Transamerica High Yield Bond. Intermediate Corporate Bond · $827.98M AUM · 0.61% expense ratio. Holdings, fees, performance and SEC filings.
C000021235 Fund Overview
Transamerica High Yield Bond is a US mutual fund managed by Transamerica Funds, categorised as Intermediate Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Transamerica Funds
- Category: Intermediate Corporate Bond
- Assets under management: $827.98M
- 1-year return: 4.8%
- SEC CIK: 0000787623
- SEC series ID: S000007793
- Share class ID: C000021235
C000021235 Investment Objective and Strategy
Transamerica High Yield Bond describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Transamerica Funds.
Investment objective
Seeks a high level of current income by investing in high-yield debt securities.
Principal investment strategy
The fund's sub-adviser, Aegon USA Investment Management, LLC (the sub-adviser), seeks to achieve the fund's objective by investing, under normal circumstances, at least 80% of the fund's net assets (plus the amount of borrowings, if any, for investment purposes) in high-yield bonds (commonly known as junk bonds). The fund normally invests primarily in U.S. securities. Junk bonds are high-risk debt securities rated below investment grade (that is, securities rated below BBB by Standard & Poors or Fitch or below Baa by Moodys or, if unrated, determined to be of comparable quality by the fund's sub-adviser). The sub-advisers strategy is to seek to achieve high returns for the fund while maintaining a reasonable risk profile. In managing the fund's assets, the sub-adviser uses a combination of a global top down analysis of the macroeconomic and interest rate environment and proprietary bottom up research of corporate and sovereign debt, stressed and distressed securities, and other debt instruments.
In the sub-advisers qualitative top down approach, the sub-adviser analyzes various fundamental, technical, sentiment, and valuation factors that affect the movement of markets and securities prices worldwide. This top-down analysis assists the sub-adviser in analyzing fund risk and allocating assets among sectors, industries, and credit quality categories. In its proprietary bottom up research, the sub-adviser considers various fundamental and other factors, such as creditworthiness and capital structure. The fund has no maturity or duration requirements or limitations. The fund may invest in foreign securities, including up to 10% of its net assets in emerging market securities. To a lesser extent, the fund may invest in investment grade bonds, bank loans, asset backed and mortgage backed securities, preferred equity securities, common equity securities (received in connection with exchanges or restructurings) and cash equivalents.
C000021235 Holdings
Top 10 holdings of Transamerica High Yield Bond by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| State Street Global Advisors | 9.56% |
| Constellation Insurc, Inc. | 1.50% |
| Ilfc E-Capital Trust I | 1.45% |
| Ncr Voyix Corp. | 0.99% |
| Olympus Wtr US Hldg Corp. | 0.98% |
| Uwm Holdings LLC | 0.96% |
| Park Intermed Holdings | 0.94% |
| Vistra Operations Co. LLC | 0.92% |
| Vmed O2 UK Financing I | 0.90% |
| Magnera Corp. | 0.89% |
C000021235 Portfolio Allocation
Asset-class allocation of Transamerica High Yield Bond by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 90.5% |
| Cash & Equivalents | 9.6% |
| Loans | 4.8% |
| Equity | 0.5% |
C000021235 Performance
Total returns for C000021235 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.2% |
| 1 year | 4.8% |
| 3 years (annualised) | 7.5% |
| 5 years (annualised) | 3.3% |
C000021235 Risk Information
Risk metrics for C000021235, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.7%
C000021235 Costs and Fees
C000021235 costs about $61 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.61%
- Gross expense ratio: 0.61%
- Portfolio turnover: 42%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000021235 Cashflows
Over the 12 months to 2026-07, Transamerica High Yield Bond had net outflows of $403.99M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | $5.83M |
| 2026-06 | $85.17K |
| 2026-05 | $3.64M |
| 2026-04 | $8.27M |
| 2026-03 | −$10.03M |
| 2026-02 | $2.32M |
C000021235 Debt Constituents
Largest debt holdings of Transamerica High Yield Bond by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Constellation Insurc, Inc. | 1.50% |
| Ilfc E-Capital Trust I | 1.45% |
| Ncr Voyix Corp. | 0.99% |
| Olympus Wtr US Hldg Corp. | 0.98% |
| Uwm Holdings LLC | 0.96% |
| Park Intermed Holdings | 0.94% |
| Vistra Operations Co. LLC | 0.92% |
| Vmed O2 UK Financing I | 0.90% |
| Magnera Corp. | 0.89% |
| Emrld Bor / Emrld Co.-Iss | 0.88% |
C000021235 Prospectus and SEC Filings
Official Transamerica High Yield Bond filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-27
- Prospectus (485BPOS) — filed 2025-02-28
- Prospectus (485BPOS) — filed 2024-02-29
- Portfolio holdings (N-PORT) — filed 2026-09-28
- Portfolio holdings (N-PORT) — filed 2026-06-18
- Portfolio holdings (N-PORT) — filed 2026-03-20
- Annual census (N-CEN) — filed 2026-01-12
- Annual census (N-CEN) — filed 2025-01-10
Related Funds
Other Intermediate Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.