TBDTX Fees and Costs — Transamerica High Quality Bond, Class I3
Data updated: 2023-02-27
The net expense ratio is 0.46%: a 0.38% management fee plus 0.08% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 74%.
TBDTX Fees and Expenses
Annual operating expenses and sales charges of TBDTX. Prospectus, as of February 28, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.08% |
| Gross expense ratio | 0.46% |
| Fee waiver | — |
| Net expense ratio | 0.46% |
| 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 |
TBDTX Costs Over Time
On $10,000 invested in TBDTX, assuming 5% a year before costs, total costs come to $291 over 5 years, cutting the return by 0.48% 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 0.46%) | $48 | $152 | $264 |
| Lost growth on money paid in costs | $0 | $7 | $27 |
| Total costs | $48 | $159 | $291 |
| Value after costs | $10,452 | $11,417 | $12,472 |
| Impact on return, per year | 0.48% | 0.48% | 0.48% |
TBDTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $215.7M
- Portfolio turnover (prospectus): 74%
- Securities on loan, average value: $1.6M
- Net income from securities lending: $5K (0.003% of average net assets)
TBDTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $55.5M | 29.81% |
| BMO Capital Markets Corp. | $28.3M | 15.22% |
| J.P. Morgan Securities LLC | $24.7M | 13.27% |
| Wells Fargo Securities, LLC | $23.6M | 12.69% |
| Nomura Securities International, Inc. | $15.0M | 8.04% |
| Goldman Sachs & Co. LLC | $14.0M | 7.53% |
| BofA Securities, Inc. | $7.6M | 4.10% |
| Pershing LLC | $7.2M | 3.88% |
| RBC Capital Markets, LLC | $5.1M | 2.75% |
| Stonex Financial Inc. | $5.0M | 2.71% |
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.