TBLFX — Transamerica Balanced II

TBLFX Fund Overview

TBLFX — Transamerica Balanced II is a US mutual fund managed by Transamerica Funds, categorised as Balanced Allocation. 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: Balanced Allocation
• Assets under management: $70.35M
• Ticker: TBLFX
• SEC CIK: 0000787623
• SEC series ID: S000054678
• Share class ID: C000171791

TBLFX Investment Objective and Strategy

Transamerica Balanced II describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Transamerica Funds.

Investment objective

Seeks to provide a high total investment return.

Principal investment strategy

The fund has two sub-advisers. J.P. Morgan Investment Management Inc. (the equity sub-adviser) manages the equity component of the fund and Aegon USA Investment Management, LLC (the fixed-income sub-adviser) manages the fixed-income component of the fund. The fund varies the percentage of assets invested in any one type of security in accordance with its sub-advisers interpretation of economic and market conditions, fiscal and monetary policy, and underlying securities values. Under normal circumstances, the fund invests approximately 60% of its net assets in equity securities and approximately 40% of its net assets in fixed-income securities (investing at least 25% of its net assets in fixed-income senior securities). The funds investment manager, Transamerica Asset Management, Inc., monitors the allocation of the fund's assets between the equity sub-adviser and the fixed-income sub- adviser and rebalances the allocation periodically to maintain these approximate allocations.

Equity component The equity sub-adviser seeks to achieve the fund's objective by investing, under normal circumstances, at least 80% of the equity components net assets in equity securities of large- and medium- capitalization U.S. companies. The fund may invest in foreign companies. The equity sub- adviser will normally keep the equity component as fully invested in equity securities as practicable. Industry by industry, the fund's weightings are generally similar to those of the S&P 500 . The equity sub-adviser normally does not look to overweight or underweight industries. Holdings by industry sector will normally approximate those of the S&P 500 . Fixed-income component Under normal circumstances, the fixed-income component of the fund is invested primarily in investment grade debt securities, which may include: investment grade corporate debt securities, U.S.

government obligations, mortgage-backed securities guaranteed by U.S. government agencies and instrumentalities, and private residential mortgage-backed securities. The fixed-income components portfolio weighted average duration will typically range from 3 to 10 years. The fixed-income sub-adviser may also invest the fund's assets in U.S. Treasury and agency securities, municipal bonds, asset-backed securities (including collateralized loan obligations (CLOs), collateralized bond obligations (CBOs) and collateralized debt obligations (CDOs)), commercial mortgage-backed securities (CMBS), high quality short-term debt obligations and repurchase agreements. The fixed-income sub-advisers investments for the fund may include debt securities of foreign issuers, including emerging market debt securities.

The fixed-income sub-adviser may invest the fund's assets in securities that are denominated in U.S. dollars and in foreign currencies. The fund may invest up to 10% of the fixed-income components net assets in emerging market debt securities and up to 10% of the fixed-income components net assets in high-yield debt securities (commonly referred to as junk bonds), but may invest no more than 15% of the fixed- income components net assets in emerging market debt securities and high-yield debt securities combined. Investment grade debt securities carry a rating of at least BBB from Standard & Poors or Fitch or Baa from Moodys or are of comparable quality as determined by the fund's sub- adviser. In managing the fund's fixed- income component, the fixed- income 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 government debt, and other debt instruments.

In the fixed-income sub-advisers qualitative top down approach, the fixed-income sub-adviser analyzes various fundamental, technical, sentiment and valuation factors that affect the movement of markets and securities prices worldwide. In its proprietary bottom up research, the fixed-income sub- adviser considers various fundamental and other factors, such as creditworthiness, capital structure, covenants, cash flows and, as applicable, collateral. The fixed-income sub-adviser uses this combined approach to determine sector, security, yield curve positioning, and duration positions for the fund. The fund may, but is not required to, engage in certain investment strategies involving derivatives, such as options, futures, forward currency contracts and swaps, including, but not limited to, interest rate, total return and credit default swaps.

These investment strategies may be employed as a hedging technique, as a means of altering investment characteristics of the fund's portfolio (such as shortening or lengthening duration), in an attempt to enhance returns or for other purposes. The fund may purchase securities on a when-issued, delayed delivery or forward commitment basis.

TBLFX Holdings

Top 10 holdings of Transamerica Balanced II by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all TBLFX holdings

TBLFX Portfolio Allocation

Asset-class allocation of Transamerica Balanced II by percentage of net assets, from the latest SEC N-PORT filing.

TBLFX Performance

Total returns for TBLFX (as of 2026-10-01), from SEC filings.

TBLFX Risk Information

Risk metrics for TBLFX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 8.2%

TBLFX Costs and Fees

TBLFX costs about $75 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.75%
• Gross expense ratio: 0.98%
• Portfolio turnover: 52%
• Brokerage commissions: 0.74 bps of average net assets (SEC N-CEN)

TBLFX Cashflows

Over the 12 months to 2026-07, Transamerica Balanced II had net inflows of $10.16M, from monthly SEC N-PORT filings.

TBLFX Debt Constituents

Largest debt holdings of Transamerica Balanced II by percentage of net assets, from the latest SEC N-PORT filing.

TBLFX Prospectus and SEC Filings

Official Transamerica Balanced II 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 Balanced Allocation funds tracked on ABC INVEST:

• American Balanced Fund (ABALX)
• Vanguard Wellington Fund (VWELX)
• Franklin Income Fund (FKINX)
• T. Rowe Price Capital Appreciation Fund, Inc. (PRWCX)
• Vanguard Balanced Index Fund (VBINX)

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.