Transamerica Multi-Managed Balanced Fund

Frequently Asked Questions About IBALX

What does IBALX invest in?

Typically, the fund aims to invest roughly 60% of its net assets in equity holdings and approximately 40% in fixed-income instruments. A key component of its fixed-income strategy involves dedicating at least 25% of its total net assets to senior fixed-income securities. These senior securities are characterized by their priority claim over other investments during a company's bankruptcy or liquidation proceedings.

What is the expense ratio of IBALX?

Transamerica Multi-Managed Balanced Fund (IBALX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IBALX?

Transamerica Multi-Managed Balanced Fund (IBALX) is one share class of a fund that manages $1.49B across all of its share classes (TBLIX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is IBALX actively managed or an index fund?

IBALX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (IBALX's is 0.95%) in exchange for the discretion to over- or under-weight positions.

When was IBALX launched?

Transamerica Multi-Managed Balanced Fund (IBALX) launched in December 1994 and is managed by the fund issuer.

How has IBALX performed?

IBALX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.