Each investigation is recounted by award-winning journalists and the people who are living the story. My Retirement | My Transamerica Retirement Account cost basis reporting - what you need to know. Visit the ultimate source for tax forms: the IRS. The share price used to determine the number of shares reinvested into a fund account using the reinvestment privilege. incurred in the ordinary course of the funds business. Since the NAV price is lower, however (assuming no market fluctuation effects on the ex-date), your account balance is unchanged from the distribution. - XML - March 21, 2019. They are diverse across age, gender, ethnicity and background. Get the articles, insights, and information you need to understand trends and challenges employers face. And please remember, Transamerica does not provide tax advice. Horizon, Transamerica Asset Allocation Long investments may be impacted by technological issues and/or errors by pricing services or other third party service providers. An IRS term used to describe ordinary dividends subject to a maximum 20% tax rate. Also termed a "regular" or "non-retirement" account, it is an account whose earnings (such as dividends or capital gain distributions) are taxable as they are paid/credited. Transamerica Total Return - SEC.gov At Transamerica, we specialize in Insurance, Investments & Retirement. USD | NAV as of Jun 26, 2023 | 1-Day Return as of Jun 26, 2023, 3:21 PM GMT-7 Morningstar's Analysis TFXIX Will TFXIX outperform in future? See the benefits for yourself with the interactive tool. Reinvesting distributions may enhance investment returns over time due to the compounding effect of growth and/or distributions over time. Homepage template | Transamerica Participants Portal The after-tax returns are calculated using the Being able to have both perspectives working with Transamerica gives me great confidence in the products., Research our firm with FINRA's BrokerCheck. Derivatives may be difficult or impossible to sell, unwind or value, and the counterparty (including, if applicable, the funds The fund's ability to value its Other important distribution information for individual taxpayers: Generally, when you sell (redeem or exchange) mutual fund shares, you create a taxable event. Tax implications vary, depending on the type of account you own: As with all mutual funds, Transamerica funds may be required to withhold U.S. federal income tax at the fourth lowest tax rate applicable to unmarried individuals (currently 24% as of January 1, 2018) on all taxable distributions payable to you if: a) you fail to provide the fund with your correct taxpayer identification number; b) you fail to make required certifications; or c) if you have been notified by the IRS that you are subject to backup withholding. Effective immediately, the following replaces the corresponding information in the Statement of Additional Information in The IRS approved method Transamerica Funds uses to track shareholders' cost basis of fund shares of taxable non-money market accounts. Seeks a high level of income consistent with minimal fluctuation in principal value and liquidity. increase costs related to the funds use of derivatives. clearing broker, the derivatives exchange or the clearinghouse) may default on its obligations to the fund. Please declare your traffic by updating your user agent to include company specific information. Research our firm with FINRAsBrokerCheck. Thats the value of Transamericas Investor Firstprocess. Past performance is not indicative of future results. Only the 1 year See also contingent deferred sales charge and average cost basis. This site may not yet be approved by the Departments of Insurance in all states at the time of publication. Additional info on tax-exempt funds and federal obligations. Risks of derivatives include leverage risk, liquidity risk, valuation risk, market risk, counterparty risk, credit risk, operational risk and Copyright 2011 - 2023 Transamerica Corporation, 6400 C Street SW, Cedar Rapids, IA 52499 All Rights Reserved. TRANSAMERICA SERIES TRUST - Transamerica PIMCO Total Return VP Initial Call Transamerica Funds InTouch at 888-233-4339, Press "3" (Year-end information and duplicate tax forms). Address: C/O THE CORPORATION TRUST COMPANY,WILMINGTON,19801,US-DE. Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment), Total instruments with a counterparty, which may result in additional losses. For over 100 years, Transamerica has provided financial products and services to help people look forward and plan for the best life possible, no matter where they are on their journey. Effective Health savings products and services offered through Transamerica Health Savings Solutions, LLC. TRANSAMERICA FUNDS - Transamerica Total Return I2 ownership in - Fintel It is a subsidiary of Transamerica. Sometimes certain funds won't trigger a tax form. Please declare your traffic by updating your user agent to include company specific information. arrangements have been made with the funds investment manager, Transamerica Asset Management, Inc. (TAM), through March 1, 2021 to waive fees and/or reimburse fund expenses to the extent that total annual fund operating For funds with contingent deferred sales charges, it is the amount from redemption reduced by any such charges. Contributions that may have been deducted off of income in the past are also included as taxable income when withdrawn. Were dedicated to providing agents with the support they need to help grow their business. elected to receive shareholder reports electronically (e-delivery), you will not be affected by this change and you need not take any action. TRANSAMERICA TOTAL RETURN Created Date 10/21/2022 5:19:30 PM If 7 to 10 business days have passed the tax forms mailing dates above, and you did not receive tax forms you believe you should have received from Transamerica Funds, first make sure you should receive any of these forms. More specifically, Transamerica Funds uses the "single-category" average cost basis, which does not keep separate cost basis categories for both long-term and short-term basis. An IRS tax form Transamerica Funds will send you and the IRS if you had any taxable withdrawals from tax-deferred accounts such as IRAs during the year. Enter Social Security or fund and account number. Securities offered through Transamerica Investors Securities Corporation, Harrison, NY. Such distributions, if any, would be reported to recipients of Form 1099-DIV and reduce your cost basis. A message from Will Fuller, President and CEO, Susan G., HR Director at a Manufacturing company, Alicia N., An Independent, Licensed Financial Professional with World Financial Group, We will be providing recordkeeping and 3(16) plan administration services for a new pooled employer 401(k) retirement plan solution from Smart Retirement Solutions Inc., the, Group Supplemental Health + Disability Insurance, Transamerica Structured Index Advantage Annuity, Florida Mental Health Coverage Parity Laws, Massachusetts Mental Health Coverage Grandfathered Major Medical Plans ONLY, Do Not Sell or Share My Personal Information. For taxable accounts, dividends are taxed as income in the year they are received, whether in cash or reinvested. Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. WFG helps make the idea of financial independence and financial security accessible to many. This Summary Prospectus will provide you with updated information about your investment in the fund. Opposite of back-end load. For example, if your fund made no distributions and you sold or exchanged no shares from your account during the tax year, your Transamerica Funds account is not subject to any tax consequences and therefore you should not receive any tax forms. Portfolio, Transamerica Asset Allocation - Growth The tax implications vary depending on the type of account you own. Regarding distributions and their effect on share price and account balance, first keep in mind three important dates: Distributions are generally taxable events that do not increase the value of your account. See tax-equivalent yield. Thank you for being a Mutual funds are subject to market risk, including the loss of principal. For mutual funds, the Securities and Exchange Commission requires a standardized formula be used to quote "30-day SEC yield". During periods of market disruption (e.g. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. As For Traditional IRAs, a 10% penalty (additional income tax) generally applies to earnings withdrawn before age 59-1/2. from the date on The fund incurred For more information, please see the SECs Web Site Privacy and Security Policy. Additional information is available from the IRS. Transamerica is pleased to announce that four of our Retirement Plan Regional Vice Presidents have been recognized as 2023 Top Defined Contribution (DC) Wholesalers by NAPA. Usually referred to simply as a "capital gain or loss". 1801 California St., Suite 5200, Denver, CO 80202. the value of financial contracts to go down. The yield before taxes that a taxable mutual fund or bond would have to pay to be equal to the tax-free yield of a mutual fund or municipal bond. A tax imposed by some states or jurisdictions that is based upon the value of assets such as mutual fund shares, as distinguished from taxes on income. Seeks to provide high total return through a combination of current income and capital appreciation. Any amounts withheld may be credited against your U.S. federal income tax liability. PDF Important Information Regarding Your Fund's Distribution - Transamerica This half hour special highlights the key moments from the conference. For more information, contact opendata@sec.gov. Tom Wald, CFA, Chief Investment Officer of Transamerica Asset Management, Inc., the mutual fund arm of Transamerica, provides timely insights into the state of the market via publications, articles, and podcasts. For shares of taxable non-money market accounts you may have sold or exchanged, your holding period, and thus any resulting capital gain or loss, is short-term if you held the shares for one year or less, or long-term, if the shares were held for more than one year. ), Investors Should Retain Transamerica | Insure, Invest, Retire Preparing for retirement is easier with the right resources. dollar amount shown below reflects TAM's agreement to waive fees and/or reimburse fund expenses. Investments by Affiliated Funds and Unaffiliated Beginning on January 1, 2021, as financial intermediary (such as a broker-dealer or bank). Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. This site may not yet be approved by the Departments of Insurance in all states at the time of publication. Transamerica Funds are advised by Transamerica Asset Management, Inc. (TAM) and distributed by Transamerica Capital, Inc. (TCI) member of FINRA. Whole life insurance offers families guarantees that they can count on as well as customizable options to help meet their many different needs. If you sell shares of a taxable non-money market fund account during the year, Transamerica Funds will send you Form 1099-B after year end, which generally will show the average cost basis of shares sold to consider using to complete your income tax returns. If this situation applies to your Transamerica Funds account, Transamerica Funds adjusts your Form 1099-B information for wash sales. Withholding either increases your refund or reduces the amount you owe the government on your income tax returns. An innovative Registered Index Linked Annuity combining growth potential and a level of investment protection in a cost-effective strategy to address volatile markets, low interest rates, and high inflation. As a result, the value and liquidity of the fund's investments may be negatively affected. Securities and investment advisory services offered by Transamerica Financial Advisors, Inc., a broker-dealer, member of FINRA, SIPC and a Registered Investment Adviser. To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. The amount realized (received) from the sale of an asset such as mutual fund shares. Transamerica to provide services for Smarts Innovative Choice PEP, Our index universal life insurance is the #1 top-selling IUL product, Capital Markets Day 2023: Our next chapter. which TAM waived fees and/or reimbursed expenses for the class. The fund may invest up to 10% of its total assets in preferred stock, convertible securities and other equity related securities. Securities. Transamerica Total Return - 6NATCQMRI6NRJIP7IF06 (Issued) - American LEI greater than, the risks associated with investing in traditional securities, such as stocks and bonds. Click a topic below and log in to your account. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. description of principal risks (in alphabetical order after certain key risks) of investing in the fund. The hunt for opportunity remains a daunting challenge amid recession fears and historic volatility. Securities offered through Transamerica Investors Securities Corporation, Harrison, NY. Generally, front-end loads are part of cost basis as it is included in the price you paid for such shares. Transamerica Total Return - SEC.gov annual fund operating expenses after fee waiver and/or expense reimbursement. Investment advisory services focused on the unique needs of individual retirees, retirement plans, and their participants offered by Transamerica Retirement Advisors, LLC, a Registered Investment Advisor. If you require advice in relation to any financial matter you should consult an appropriate professional. Also termed an "unrealized gain or loss", any profit or loss on an investment (mutual fund shares or securities a fund owns) that is not realized because they have not actually been sold. A sales charge paid when an individual buys an investment, such as a mutual fund, limited partnership, annuity, or insurance policy. liquidity risk, management and valuation risk. They want to live in a sustainable world, one where responsible investing embraces assets that consider their values and account for a much bigger picture. Foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) normally will be limited to 20% of the funds total assets. Its no longer just about the returns they generate its also about the good their money can do. Our track record demonstrates our commitment to customers, and it has helped make us a pioneer in the sub-advised mutual fund business. Backup withholding is not an additional tax; it is a method by which tax laws ensure the collection of taxes due. The financial professionals at WFG define whom they serve. Securities and investment advisory services offered by Transamerica Financial Advisors, Inc., a broker-dealer, member of FINRA, SIPC and a Registered Investment Adviser. Managing Director. When employees safeguard what matters most, including their families, their finances, and their health, it helps them live their best lives. Health savings products and services offered through Transamerica Health Savings Solutions, LLC. I2, Average Annual Total Returns (periods ended December 31, 2019). If you'd like to speak with a customer service representative weekdays from 8 a.m. to 7 p.m. If you receive distributions in cash, no shares are added to your account since the money is paid out to you, and your account value would decrease by the amount of cash paid. Help employees protect their finances and get the medical attention they may need with group supplemental health and disability insurance. Transamerica Total Return - SEC.gov Before you invest, The gain (profit) or loss resulting from the sale of a capital asset such as an investment. For year-end tax reporting on taxable accounts, mutual funds include income dividends that are not tax-exempt dividends plus any short-term capital gain distributions in one category on your Form 1099-DIV as ordinary dividends. Investing in mutual funds involve significant risks, including the risk that you may lose part or all of the money you invest. Mutual funds, like most financial products, involve taxes. Group Supplemental Health + Disability Insurance, Transamerica Structured Index Advantage Annuity, Florida Mental Health Coverage Parity Laws, Massachusetts Mental Health Coverage Grandfathered Major Medical Plans ONLY, Do Not Sell or Share My Personal Information. Please read it carefully before investing. Use of derivatives can increase fund losses, increase costs, reduce opportunities for gains, increase fund volatility, and not produce the result intended. This process only applies to funds advised by Transamerica Asset Management, Inc. (TAM) and not to non-proprietary funds. Dividends paid by a tax-exempt fund from its net tax-exempt income (interest income on tax-exempt investments such as municipal securities less fund expenses). Life insurance can play an important tool in protecting their lifes work. If the fund sells investment securities at gain, it distributes those profits to shareholders as a capital gain distribution. the loss of a substantial amount, and possibly all, of the fund's assets. Skip to Main Content. Group Supplemental Health + Disability Insurance, Transamerica Structured Index Advantage Annuity, Florida Mental Health Coverage Parity Laws, Massachusetts Mental Health Coverage Grandfathered Major Medical Plans ONLY, Do Not Sell or Share My Personal Information. expenses exceed 0.68% for Class I2 shares, excluding, as applicable, acquired fund fees and expenses, interest, taxes, brokerage commissions, dividend and interest expenses on securities sold short, extraordinary expenses and other expenses not Neither Transamerica nor its agents or representatives may provide tax or legal advice. Transamerica Total Return LEI number issued at 11/14/2012. This diligence helped make us a pioneer in the sub-advised mutual fund industry. Index universal life (IUL) insurance can be a great way to protect loved ones and their financial well-being while building potential tax-advantaged cash value accumulation all with downside protection. The higher the tax bracket, the more attractive the tax-free income becomes. Even a small investment in derivatives can have a disproportionate impact on the fund. Mortgage-Related and Asset-Backed Securities The fund may, without limitation, seek to obtain market exposure to the securities in which it primarily invests by entering into a series of purchase and sale contracts or by using other investment techniques (such as buy backs or They usually distribute tax-exempt (exempt-interest) dividends. Transamerica Total Return (the "fund") Effective immediately, the information in the Prospectus and Summary Prospectus under the section entitled "Management" for the fund is deleted in its entirety and replaced with the information below. Copyright 2011 - 2023 Transamerica Corporation, 6400 C Street SW, Cedar Rapids, IA 52499 All Rights Reserved. For more complete discussions of these terms, please consult your tax advisor, investment professional, year-end tax forms, or the IRS. That election will apply to all Transamerica funds held directly Tax-exempt dividends are not included in ordinary dividends. An IRS tax form Transamerica Funds will send to you and the IRS showing the dividends and/or capital gain distributions made to an individual's taxable account during the tax year. The fund may enter into reverse repurchase agreements and sale-buyback transactions. Variable products and mutual funds are underwritten and distributed by Transamerica Capital, Inc., and/or distributed by Transamerica Investors Securities Corporation, each a broker-dealer and member of FINRA. Copyright 2011 - 2023 Transamerica Corporation, 6400 C Street SW, Cedar Rapids, IA 52499 All Rights Reserved. Securities offered through Transamerica Investors Securities Corporation, Harrison, NY. electronically anytime by contacting your financial intermediary or, if you are a direct shareholder with the fund, by calling 1-888-233-4339. The total return sought by the fund consists of income earned on the funds investments, plus capital appreciation, if any, which generally arises from decreases in interest rates or improving credit fundamentals Todays workforce is asking for non-traditional benefits like student loan repayment, HSAs, FSAs, telehealth, and more. Any such withholding will be reported to you and the IRS on applicable tax forms Transamerica Funds may send you. information and most recent reports to shareholders, online at. As an investor, you should be aware of the potential of "buying a distribution" by investing near the "record date" of a distribution. As a result, whether or not the fund invests in This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website. IMPORTANT INFORMATION Federal tax laws require funds to pay out all or virtually all net income and net capital gains, if any, to shareholders in the form of cash or reinvested shares. You may elect to receive all future For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. You want to work with a carrier that makes the benefits process simple, so we help ensure our benefits are easy to administer while meeting the needs of a unique workforce. sales charge (load) imposed on purchases (as a percentage of offering price), Maximum The Example assumes that you invest $10,000 in This site may not yet be approved by the Departments of Insurance in all states at the time of publication. For Transamerica Funds accounts with the cash dividend by check option, this is the date checks are mailed. magnifies the effect of a change in the value of an asset and creates a risk of loss of value on a larger pool of assets than the fund would otherwise have. Call our sales desk at 800-851-7555 to explore a variety of mutual funds designed to pursue a variety of goals. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. TRANSAMERICA SERIES TRUST - Transamerica PIMCO Total Return VP Initial has disclosed 425 total holdings in their latest SEC filings. Management: An IRS form Transamerica Funds sends reporting contributions for Transamerica Funds tax-deferred (retirement plan) accounts such as IRAs, naming State Street Bank as custodian. extraordinary expenses of 0.01%. Although your actual costs may be higher or lower, based on these assumptions your costs would be: The sub-adviser invests the funds assets Contact your financial professional today to explore a variety of mutual funds designed to pursue a variety of goals. Use of derivatives may have different tax consequences for the fund than an investment in the underlying assets or indices, and those Funds . The use of leverage is considered to be a speculative investment practice and may result in Explore more with the interactive tool. Transamerica today unveiled predictions from workplace benefit professionals on a wide range of employee benefits issues looking toward 2026. Status: Issued. For more information, contact opendata@sec.gov. Income dividends paid by taxable money market funds are dividend income to shareholders, not interest income. When selling mutual fund shares and using average cost basis information Transamerica Funds may provide you, it is assumed the shares you held the longest time are sold first (first-in-first-out or FIFO). The sub-adviser may invest up to 30% of the funds total assets in securities denominated in foreign currencies, and may invest Rule18f-4 could have an adverse impact on the funds performance and its ability to implement its investment strategies as it has historically and may Transamerica Energy Infrastructure - 2022, Transamerica Sustainable Equity Income - 2022, Transamerica Energy Infrastructure - 2021, Transamerica Government Money Market - 2021, Transamerica Dynamic Income merger - 2021, Transamerica Emerging Markets Debt - 2020, Transamerica International Value - 2020 Liquidation, Transamerica Small Cap Core - 2020 Liquidation, Transamerica Dynamic Allocation - 2019 Liquidation, Transamerica Concentrated Growth - 2019 Merger, Transamerica Multi-Cap Growth - 2019 Merger, Transamerica Emerging Markets Debt 2018, Transamerica Emerging Markets Debt 2016, Transamerica Dynamic Allocation II - 2015, Transamerica Vanguard ETF Portfolio Aggressive Growth VP - 2014, Transamerica Third Avenue Value VP - 2013, Transamerica Morgan Stanley Mid Cap Growth - 2012, Transamerica High Quality Bond Merger - 2022, Transamerica MLP & Energy Income 3/2018, Transamerica MLP & Energy Income 6/2018, Transamerica MLP & Energy Income 9/2018, Transamerica MLP & Energy Income 12/2018, Transamerica MLP & Energy Income 3/2019, Transamerica MLP & Energy Income 6/2019, Transamerica MLP & Energy Income 9/2019, Transamerica MLP & Energy Income 12/2019, Transamerica MLP & Energy Income 3/2020, Transamerica MLP & Energy Income 6/2020, Transamerica MLP & Energy Income 9/2020, Transamerica MLP & Energy Income 12/2020, Transamerica MLP & Energy Income 3/2021, Transamerica Energy Infrastructure 6/2021, Transamerica Energy Infrastructure 9/2021, Transamerica Energy Infrastructure 12/2021, Transamerica Energy Infrastructure 3/2022, Transamerica Energy Infrastructure 6/2022, Transamerica Energy Infrastructure 9/2022, Transamerica Energy Infrastructure - 12/2022, Transamerica Energy Infrastructure - 3/2023, Transamerica Unconstrained Bond 12/2020, Transamerica Emerging Markets Debt - 12/2020. References to Transamerica on this site apply to an individual company or collectively to these and other Transamerica companies. Updated performance information is available on our website at www.transamerica.com/individual/products/mutual-funds/performance/ or by calling Before it's here, it's on the Bloomberg Terminal. An IRS tax form Transamerica Funds will send you and the IRS if you had any taxable distributions (including in-kind distributions) from a qualified tuition program (Section 529) or a Coverdell ESA (Section 530) during the year. Claims are the heart of our business. TRANSAMERICA FUNDS - Transamerica Total Return I2 has disclosed 559 total holdings in their latest SEC filings. Insurance products and services are offered or issued by Transamerica Life Insurance Company, Cedar Rapids, IA; Transamerica Financial Life Insurance Company, Harrison, NY (licensed in New York); and Transamerica Casualty Insurance Company, Cedar Rapids, IA. Our commitment is helping organizations of all sizes deliver solutions that work. Barclays US Aggregate Bond Index (reflects no deduction for fees, expenses or taxes). Company LLC since 1998; Seeks current income while providing long-term capital appreciation. Fees (fees paid directly from your investment), Maximum Nothing on this website constitutes, or is meant to constitute, advice of any kind. Intermediaries: In an effort to reduce 1-888-233-4339. So, when people have questions about retirement, life insurance, employee benefits, annuities, or investments, were ready with research-backed answers, solutions, and products. with all mutual funds, past performance (before and after taxes) is not a prediction of future results. Securities and investment advisory services offered by Transamerica Financial Advisors, Inc., a broker-dealer, member of FINRA, SIPC and a Registered Investment Adviser. When autocomplete results are available use up and down arrows to review and enter to select. Since introducing an innovative group plan solution in the early 2000s, weve delivered solutions that fit employers of all sizes. Economic, financial or political events, trading and tariff arrangements, terrorism, technology and data interruptions, natural disasters and other circumstances in one country or region could be highly Return assumptions are estimates not guarantees. The Example also assumes that your investment has a 5% return each year and that the funds operating expenses remain the same.
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