Fund Evaluator:
Transamerica Mid Cap Growth R6 (TAGFX)
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Best Performing in Mid-Cap Growth Over the Last Year
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Fund Details
Transamerica Mid Cap Growth R6 Overview
Transamerica Mid Cap Growth R6 (TAGFX) is an actively managed U.S. Equity Mid-Cap Growth fund. Transamerica launched the fund in 2021.
The investment seeks long term capital appreciation. The fund normally invests primarily in stocks of medium sized companies which the fund’s sub-adviser, Wellington Management Company LLP (the “sub-adviser”), believes will earn high returns on invested capital, benefit from long term secular growth trends, and meet the sub-adviser’s long term valuation criteria. Under normal circumstances, the sub-adviser invests at least 80% of the fund’s net assets (plus the amount of borrowings, if any, for investment purposes) in securities of medium sized (or mid-cap) companies and other investments with similar economic characteristics.
About Transamerica Mid Cap Growth R6 (TAGFX)
There are 1 members of the management team with an average tenure of 7.67 years: Timothy Manning (2018). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Russell Mid Cap Growth TR USD index with a weighting of 100%. Transamerica Mid Cap Growth R6 has 39 securities in its portfolio. The top 10 holdings constitute 39.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Transamerica Mid Cap Growth R6 is part of the Equity global asset class and is within the U.S. Equity fund group. Transamerica Mid Cap Growth R6 has 3.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 95.0%. There is 3.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Transamerica Mid Cap Growth R6 has 1.9% of the portfolio in cash.
Assets Under Management
The fund has $4 million in total assets, which is below the $658 million average for the Mid-Cap Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
TAGFX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Transamerica Mid Cap Growth R6 expense ratio is high compared to funds in the Mid-Cap Growth category. Transamerica Mid Cap Growth R6 has an expense ratio of 0.82%, which is 25% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Transamerica Mid Cap Growth R6 has a portfolio turnover rate of 109%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 77% for the Mid-Cap Growth category.
Recently, in the month of July 2026, Transamerica Mid Cap Growth R6 returned -5.5%, which earned it a grade of C, as the Mid-Cap Growth category had an average return of -5.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Transamerica Mid Cap Growth R6 has a trailing yield of 0.00%, which is below the 0.03% category average. The fund normally distributes its income annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Transamerica Mid Cap Growth R6 Grades
Year to date, the fund has returned 6.4%, 0.7 percentage points better than the category, which translates into a grade of C. The fund has returned 1.2% over the past year (grade of D), 11.9% over the past three years (grade of B) and 3.2% per year over the past five years (grade of B) and 9.5% per year over the past 10 years (grade of D).
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TAGFX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| TAGFX Return (NAV) | -5.5% | 3.9% | 1.2% | 11.9% | 3.2% | 9.5% |
| TAGFX Grade | C | B | D | B | B | D |
| +/- Category | 0.1% | 1.8% | -4.3% | 1.4% | 0.8% | -1.4% |
| Mid-Cap Growth Avg | -5.5% | 2.1% | 5.5% | 10.5% | 2.5% | 10.9% |
| TAGFX Tax Cost Ratio | na | na | 5.8% | 2.3% | 3.2% | na |
TAGFX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| TAGFX Return (NAV) | 6.4% | 7.5% | 16.5% | 32.0% | -31.9% | 6.7% | 30.3% | 43.0% | -19.3% | 21.3% | 12.1% |
| TAGFX Grade | C | B | C | A | D | F | D | A | F | F | A |
| +/- Category | 0.7% | 1.4% | -0.8% | 11.3% | -3.8% | -5.6% | -10.1% | 9.0% | -14.6% | -4.0% | 6.8% |
| Mid-Cap Growth Avg | 5.7% | 6.1% | 17.3% | 20.8% | -28.1% | 12.3% | 40.4% | 33.9% | -4.6% | 25.3% | 5.3% |
| Risk Measures | |
| Standard Deviation: | 19.5% |
| Total Risk Index: | 1.59 - High |
| Category Risk Index: | 1.03 - Above Average |
| Category Risk Grade: | D (66% Rank) |
| Beta: | 1.24 |
| R-Squared: | 69% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | |
| Total Assets: | $133 Mil |
| Fund Total Assets: | $ 4 Mil |
| Share Class Type: | Retirement |
| Portfolio Turnover: | 109% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 7.7 years | |||
| Average Tenure: 7.7 years | |||
| Managers (Year): Manning Timothy (2018) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 39 |
| % in Top 10 Holdings: | 39.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 3.1% |
Portfolio Allocation |
|
| Domestic Stock: | 95.0% |
| Foreign Stock: | 3.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.9% |
Purchase Information
| Fund Family: | Transamerica |
| Phone Number: | 888-233-4339 |
| Website: | www.transamericafunds.com |
| Status: | Open |
| Inception Date: | May 28, 2021 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.82% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.09% |
| Share Class: | Transamerica Mid Cap Growth R4 |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
