IHIYX

About IHIYX

Transamerica High Yield Bond Fund Class A is an open‑end mutual fund focused on generating a high level of current income through exposure to below‑investment‑grade corporate credit. The strategy normally invests at least 80% of net assets in high‑yield bonds, commonly referred to as junk bonds, with primary emphasis on U.S. issuers and diversified sector exposure across cyclical industries, energy, communications, and consumer‑related credits. It is positioned within the high yield bond category and tends to exhibit low interest‑rate sensitivity relative to core bond funds, reflecting its credit‑driven profile. The fund distributes income monthly and maintains a broad portfolio with hundreds of holdings to manage issuer‑specific risk. Key structural features include a front‑load share class, an expense ratio near one percent, and a minimum initial investment of $1,000. In the fixed‑income market, the fund serves as a dedicated high yield allocation aimed at enhancing portfolio income and diversifying away from interest‑rate‑dominant risk, benchmarking against a widely used U.S. high yield index with issuer concentration caps.