TAJEX Fees and Costs — Transamerica High Yield ESG, Class I
Data updated: 2025-03-27
The net expense ratio is 0.76%: a 0.55% management fee plus 0.36% other expenses, less a 0.15% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 31%.
TAJEX Fees and Expenses
Annual operating expenses and sales charges of TAJEX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.36% |
| Gross expense ratio | 0.91% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.76% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
TAJEX Costs Over Time
On $10,000 invested in TAJEX, assuming 5% a year before costs, total costs come to $478 over 5 years, cutting the return by 0.80% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.76%) | $80 | $250 | $434 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $262 | $478 |
| Value after costs | $10,420 | $11,314 | $12,285 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
TAJEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $422.8M
- Portfolio turnover (prospectus): 31%
- Securities on loan, average value: $2.5M
- Net income from securities lending: $49K (0.088% of average net assets)
TAJEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $381.2M | 91.37% |
| Jefferies LLC | $12.6M | 3.03% |
| J.P. Morgan Securities LLC | $4.3M | 1.04% |
| Goldman Sachs & Co. LLC | $4.2M | 1.00% |
| Morgan Stanley & Co. LLC | $3.5M | 0.85% |
| BofA Securities, Inc. | $3.5M | 0.83% |
| Deutsche Bank Securities Inc. | $3.3M | 0.80% |
| Citigroup Global Markets Inc. | $1.7M | 0.42% |
| Wells Fargo Securities, LLC | $1.5M | 0.37% |
| Barclays Capital Inc. | $1.2M | 0.29% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.