TAPKX Fees and Costs — Transamerica Sustainable Bond, Class I
Data updated: 2024-09-25
The net expense ratio is 0.50%: a 0.41% management fee plus 0.77% other expenses, less a 0.68% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 16%.
TAPKX Fees and Expenses
Annual operating expenses and sales charges of TAPKX. Prospectus, as of February 29, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.41% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.77% |
| Gross expense ratio | 1.18% |
| Fee waiver | −0.68% |
| Net expense ratio | 0.50% |
| 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 |
TAPKX Costs Over Time
On $10,000 invested in TAPKX, assuming 5% a year before costs, total costs come to $316 over 5 years, cutting the return by 0.52% 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 0.50%) | $52 | $165 | $287 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $52 | $173 | $316 |
| Value after costs | $10,448 | $11,403 | $12,447 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
TAPKX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $94.5M
- Portfolio turnover (prospectus): 16%
- Securities on loan, average value: $642K
- Net income from securities lending: $5K (0.021% of average net assets)
TAPKX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $35.5M | 38.44% |
| Wells Fargo Securities, LLC | $30.0M | 32.50% |
| BofA Securities, Inc. | $6.3M | 6.82% |
| Citigroup Global Markets Inc. | $5.7M | 6.14% |
| J.P. Morgan Securities LLC | $3.9M | 4.22% |
| BNY Mellon Capital Markets, LLC | $3.3M | 3.62% |
| Goldman Sachs & Co. LLC | $2.7M | 2.96% |
| State Street Bank and Trust Company | $2.0M | 2.21% |
| Barclays Capital Inc. | $1.4M | 1.54% |
| Deutsche Bank Securities Inc. | $1.4M | 1.54% |
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.