Transamerica Multi-Managed Balanced Fund (IBALX)
Transamerica Multi-Managed Balanced Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Denver, CO, US. The stock last traded at $38.14, up 0.18% on the session, giving a market capitalisation of $1.55B. Its beta of 0.90 implies it has historically moved less than the broad market.
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.
Transamerica Multi-Managed Balanced Fund is most often compared with the following Financial Services names: