TWQAX Fees and Costs — Transamerica Large Cap Value, Class A
Data updated: 2026-09-28
The net expense ratio is 0.97%: a 0.59% management fee, a 0.25% 12b-1 fee plus 0.13% other expenses. This share class carries a maximum front-end sales load of 5.50%. In fiscal 2025 the fund paid $157K in broker commissions, 0.0074% of average net assets.
TWQAX Fees and Expenses
Annual operating expenses and sales charges of TWQAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.59% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.13% |
| Gross expense ratio | 0.97% |
| Fee waiver | — |
| Net expense ratio | 0.97% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| 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 |
TWQAX Costs Over Time
On $10,000 invested in TWQAX, assuming 5% a year before costs, total costs come to $1,280 over 5 years, cutting the return by 2.20% 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 | $550 | $550 | $550 |
| Fund expenses (net expense ratio 0.97%) | $96 | $300 | $521 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $27 | $102 | $205 |
| Total costs | $674 | $954 | $1,280 |
| Value after costs | $9,826 | $10,622 | $11,483 |
| Impact on return, per year | 6.74% | 2.97% | 2.20% |
TWQAX 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): 0.0074%
- Total broker commissions: $157K
- Bought from dealers (principal trades, not a cost): $10.3B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
TWQAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Capital Institutional Services, Inc. | $26K | 18.83% |
| Robert W. Baird & Co. Incorporated | $24K | 17.42% |
| J.P. Morgan Securities LLC | $22K | 15.93% |
| Goldman Sachs & Co. LLC | $13K | 9.58% |
| CastleOak Securities, L.P. | $12K | 8.54% |
| RBC Capital Markets, LLC | $10K | 7.05% |
| BofA Securities, Inc. | $9K | 6.51% |
| Evercore Group L.L.C. | $9K | 6.24% |
| Morgan Stanley & Co. LLC | $8K | 5.82% |
| Jefferies LLC | $6K | 4.07% |
TWQAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $10.3B | 100.00% |
Transamerica Large Cap Value Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TALCX | Class R6 | 0.63% | none |
| TWQIX | Class I | 0.63% | none |
| TWQZX | Class I2 | 0.63% | none |
| TWQAX | Class A | 0.97% | 5.50% |
| TWQCX | Class C | 1.74% | 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.