Transamerica Intermediate Muni’s experienced team has successfully led its opportunistic approach, though it may lose that edge as the strategy grows in size. Further, a change in its thin roster coupled with some analyst turnover calls for caution. It earns a Morningstar Analyst Rating of Neutral for its cheapest share class and a Negative rating for its pricier shares.
Will TIMUX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TIMUX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the TIMUX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of TIMUX’s parent organization’s priorities and whether they’re in line with investors’ interests.