Fund Evaluator:
Transamerica Large Cap Value I2 (TWQZX)
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Fund Details
Transamerica Large Cap Value I2 Overview
Transamerica Large Cap Value I2 (TWQZX) is an actively managed U.S. Equity Large Value fund. Transamerica launched the fund in 2010.
The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in equity securities of large cap companies. The sub-adviser considers large cap companies to be companies with capitalizations within the range of companies included in the Russell 1000® Index. The fund typically holds between 35 and 50 positions. It will generally invest in companies across a variety of industries and sectors. The fund may invest up to 20% of its assets in non-U.S. securities.
About Transamerica Large Cap Value I2 (TWQZX)
There are 2 members of the management team with an average tenure of 5.67 years: Paul Roukis (2020), Jeff Agne (2020). 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 1000 Value TR USD index with a weighting of 100%. Transamerica Large Cap Value I2 has 46 securities in its portfolio. The top 10 holdings constitute 36.1% 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 Large Cap Value I2 is part of the Equity global asset class and is within the U.S. Equity fund group. Transamerica Large Cap Value I2 has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 98.0%. There is 0.0% 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 Large Cap Value I2 has 2.0% of the portfolio in cash.
Assets Under Management
The fund has $1 billion in total assets, which is above the $1 billion average for the Large Value 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.
TWQZX 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 Large Cap Value I2 expense ratio is above average compared to funds in the Large Value category. Transamerica Large Cap Value I2 has an expense ratio of 0.63%, which is 32% 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 Large Cap Value I2 has a portfolio turnover rate of 25%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Large Value category.
Recently, in the month of July 2026, Transamerica Large Cap Value I2 returned 5.1%, which earned it a grade of A, as the Large Value category had an average return of 2.9%. 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 Large Cap Value I2 has a trailing yield of 0.77%, which is below the 1.20% category average. The fund normally distributes its income quarterly and its capital gains 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 Large Cap Value I2 Grades
Year to date, the fund has returned 14.6%, 0.4 percentage points better than the category, which translates into a grade of C. The fund has returned 28.3% over the past year (grade of B), 20.0% over the past three years (grade of A) and 13.5% per year over the past five years (grade of A) and 11.6% per year over the past 10 years (grade of C).
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TWQZX 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 |
|
| TWQZX Return (NAV) | 5.1% | 7.5% | 28.3% | 20.0% | 13.5% | 11.6% |
| TWQZX Grade | A | B | B | A | A | C |
| +/- Category | 2.2% | 1.3% | 4.5% | 4.4% | 2.7% | 0.4% |
| Large Value Avg | 2.9% | 6.2% | 23.8% | 15.7% | 10.9% | 11.3% |
| TWQZX Tax Cost Ratio | na | na | 1.0% | 1.3% | 1.3% | 1.8% |
TWQZX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| TWQZX Return (NAV) | 14.6% | 24.0% | 17.2% | 13.1% | -7.2% | 31.2% | 1.3% | 18.1% | -10.3% | 12.5% | 22.0% |
| TWQZX Grade | C | A | A | B | D | A | D | F | D | F | A |
| +/- Category | 0.4% | 8.8% | 3.1% | 1.3% | -1.2% | 5.4% | -2.6% | -7.5% | -1.8% | -3.9% | 7.4% |
| Large Value Avg | 14.3% | 15.2% | 14.1% | 11.8% | -6.0% | 25.8% | 3.8% | 25.6% | -8.5% | 16.4% | 14.6% |
| Risk Measures | |
| Standard Deviation: | 12.4% |
| Total Risk Index: | 1.01 - Average |
| Category Risk Index: | 1.03 - Above Average |
| Category Risk Grade: | D (66% Rank) |
| Beta: | 0.79 |
| R-Squared: | 70% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 0.8% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $2672 Mil |
| Fund Total Assets: | $1,812 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 25% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 5.7 years | |||
| Average Tenure: 5.7 years | |||
| Managers (Year): Roukis Paul (2020), Agne Jeff (2020) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 46 |
| % in Top 10 Holdings: | 36.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 98.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.0% |
Purchase Information
| Fund Family: | Transamerica |
| Phone Number: | 888-233-4339 |
| Website: | www.transamericafunds.com |
| Status: | Open |
| Inception Date: | November 15, 2010 |
| 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 (%): | 0.63% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.93% |
| Share Class: | Transamerica Large Cap Value I2 |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
