Transamerica AEGON High Yield Bond VP
Data updated: 2026-08-26
C000021463 — Transamerica AEGON High Yield Bond VP. Intermediate Corporate Bond · $241.98M AUM. Holdings, fees, performance and SEC filings.
C000021463 Fund Overview
Transamerica AEGON High Yield Bond VP is a US mutual fund managed by Transamerica Series Trust, 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 Series Trust
- Category: Intermediate Corporate Bond
- Assets under management: $241.98M
- 1-year return: 5.8%
- SEC CIK: 0000778207
- SEC series ID: S000007909
- Share class ID: C000021463
C000021463 Investment Objective and Strategy
Transamerica AEGON High Yield Bond VP describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Transamerica Series Trust.
Investment objective
Seeks a high level of current income by investing in high-yield debt securities.
Principal investment strategy
The portfolio's sub-adviser, Aegon USA Investment Management, LLC (the sub-adviser), seeks to achieve the portfolio's objective by investing, under normal circumstances, at least 80% of the portfolio's net assets (plus the amount of borrowings, if any, for investment purposes) in high-yield bonds (commonly known as junk bonds). The portfolio 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 sub-adviser). The sub-adviser seeks to achieve high returns for the portfolio while maintaining a reasonable risk profile. 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 top-down approach, the sub-adviser analyzes various fundamental, technical, sentiment, and valuation factors that the sub-adviser believes affect the movement of markets and securities prices worldwide. This top-down analysis assists the sub-adviser in analyzing portfolio 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 sub-adviser uses this combined top-down and bottom-up approach to determine asset class, sector, security, yield curve and duration positions for the portfolio. The sub-advisers research analysts also generally integrate environmental, social and governance (ESG) matters within their analytical process for high-yield bonds, foreign securities (including emerging markets), investment grade bonds, certain asset-backed securities, private residential mortgage-backed securities, certain preferred equity, privately issued debt securities issued pursuant to Rule 144A or Regulation S and certain cash equivalents (including corporate commercial paper) alongside traditional credit metrics as a risk management tool and as a method to identify financially material ESG factors and arrive at an independent, comprehensive view of the investment.
The sub-advisers research analysts typically do not consider ESG factors when analyzing other investments, including, but not limited to, investments in certain bank loans, U.S. Treasury and agency mortgage-backed securities, common equity, cash, certain cash equivalent securities, asset-backed commercial paper, repurchase agreements and money market instruments. Consideration of ESG matters is subjective and not determinative in the sub-advisers investment process. The sub-adviser may conclude that other attributes of an investment outweigh ESG considerations when making investment decisions. The sub-advisers research analysts do not take ESG factors into consideration with respect to every investment in the portfolio. The portfolio has no maturity or duration requirements or limitations.
The portfolio may invest in foreign securities, including up to 10% of its net assets in emerging market securities. The sub-adviser considers emerging market countries to be those generally classified by major international financial institutions, such as the World Bank, as less economically mature than developed nations. To a lesser extent, the portfolio 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. The portfolio may also invest in hybrid instruments having both debt and equity characteristics. The portfolio may invest in privately issued securities, including those that are normally purchased pursuant to Rule 144A or Regulation S promulgated under the Securities Act of 1933, as amended.
C000021463 Holdings
Top 10 holdings of Transamerica AEGON High Yield Bond VP by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| State Street Global Advisors | 7.13% |
| Olympus Wtr US Hldg Corp. | 0.82% |
| Constellation Insurc, Inc. | 0.82% |
| Emrld Bor / Emrld Co.-Iss | 0.79% |
| Ilfc E-Capital Trust I | 0.78% |
| Vz Secured Financing Bv | 0.76% |
| Ukg, Inc. | 0.75% |
| Alpha Generation LLC | 0.70% |
| Avis Budget Car/finance | 0.69% |
| Uwm Holdings LLC | 0.66% |
C000021463 Portfolio Allocation
Asset-class allocation of Transamerica AEGON High Yield Bond VP by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 93.5% |
| Cash & Equivalents | 7.1% |
| Loans | 1.8% |
| Other | 0.2% |
| Equity | 0.2% |
C000021463 Performance
Total returns for C000021463 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.7% |
| 1 year | 5.8% |
| 3 years (annualised) | 8.1% |
| 5 years (annualised) | 3.6% |
C000021463 Risk Information
Risk metrics for C000021463, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.5%
C000021463 Costs and Fees
C000021463 costs about $64 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.64%
- Gross expense ratio: 0.64%
- Portfolio turnover: 38%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000021463 Cashflows
Over the 12 months to 2026-06, Transamerica AEGON High Yield Bond VP had net outflows of $1.70M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$1.22M |
| 2026-05 | $3.39M |
| 2026-04 | $76.57K |
| 2026-03 | −$3.77M |
| 2026-02 | −$1.58M |
| 2026-01 | −$3.11M |
C000021463 Debt Constituents
Largest debt holdings of Transamerica AEGON High Yield Bond VP by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Olympus Wtr US Hldg Corp. | 0.82% |
| Constellation Insurc, Inc. | 0.82% |
| Emrld Bor / Emrld Co.-Iss | 0.79% |
| Ilfc E-Capital Trust I | 0.78% |
| Vz Secured Financing Bv | 0.76% |
| Ukg, Inc. | 0.75% |
| Alpha Generation LLC | 0.70% |
| Avis Budget Car/finance | 0.69% |
| Uwm Holdings LLC | 0.66% |
| Ncr Voyix Corp. | 0.66% |
C000021463 Prospectus and SEC Filings
Official Transamerica AEGON High Yield Bond VP filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2025-04-30
- Prospectus (485BPOS) — filed 2024-04-29
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-13
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.