Transamerica Intermediate Muni Class I is a mutual fund focused on delivering a combination of federally tax-exempt current income and capital appreciation by investing in intermediate-term municipal bonds. This fund primarily holds general obligation and revenue bonds issued by various U.S. state and local governments, as well as entities in U.S. territories, with typical durations ranging from 4 to 6 years and average maturities between five and twelve years. By diversifying across multiple issuers and sectors, it aims to reduce risk while offering exposure to high-credit-quality fixed income securities. Its strategy is particularly relevant for investors seeking income streams that are generally free from federal income tax—an important consideration for tax-sensitive portfolios. Transamerica Intermediate Muni Class I is categorized within the "Muni National Interm" sector, reflecting its broad, national approach and intermediate interest rate sensitivity. With an institutional share class structure and a competitive expense ratio, this fund plays a significant role in the municipal bond market, supporting public infrastructure and development projects through bond financing while meeting the needs of income-focused investors.
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