TLCDX Fees and Costs — Transamerica Long Credit, Class A
Data updated: 2026-09-30
The net expense ratio is 0.89%: a 0.45% management fee, a 0.25% 12b-1 fee plus 0.19% other expenses. This share class carries a maximum front-end sales load of 4.75%. Portfolio turnover was 42%.
TLCDX Fees and Expenses
Annual operating expenses and sales charges of TLCDX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.89% |
| Fee waiver | — |
| Net expense ratio | 0.89% |
| Sales charges | |
|---|---|
| Max front load | 4.75% |
| 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 |
TLCDX Costs Over Time
On $10,000 invested in TLCDX, assuming 5% a year before costs, total costs come to $1,138 over 5 years, cutting the return by 1.94% 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 |
| Sales charges | $475 | $475 | $475 |
| Fund expenses (net expense ratio 0.89%) | $89 | $278 | $483 |
| Lost growth on money paid in costs | $24 | $89 | $180 |
| Total costs | $588 | $842 | $1,138 |
| Value after costs | $9,912 | $10,735 | $11,625 |
| Impact on return, per year | 5.88% | 2.61% | 1.94% |
TLCDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.9B
- Portfolio turnover (prospectus): 42%
- Securities on loan, average value: $5.2M
- Net income from securities lending: $25K (0.004% of average net assets)
TLCDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.3B | 75.26% |
| BofA Securities, Inc. | $133.2M | 7.44% |
| J.P. Morgan Securities LLC | $76.2M | 4.25% |
| Barclays Capital Inc. | $70.8M | 3.95% |
| Morgan Stanley & Co. LLC | $49.0M | 2.74% |
| Goldman Sachs & Co. LLC | $28.5M | 1.59% |
| Wells Fargo Securities, LLC | $25.3M | 1.41% |
| Deutsche Bank Securities Inc. | $24.3M | 1.35% |
| BNY Capital Markets, LLC | $19.8M | 1.10% |
| Citigroup Global Markets Inc. | $16.3M | 0.91% |
Transamerica Long Credit Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TLCJX | Class I | 0.56% | none |
| TLCKX | C000241762 | 0.56% | none |
| C000246912 | Class I2 | 0.56% | none |
| TLCDX | Class A | 0.89% | 4.75% |
| TLCFX | C000241760 | 1.59% | none |
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.