Transamerica reduces fees on floating rate fund

Transamerica on Wednesday announced fee reductions on the four share classes of the Transamerica Floating Rate mutual fund. Contingent upon share class, these reductions range from 0.12% to 0.22% annually. These expense reductions will become effective on or about March 1, 2023. Transamerica routinely reviews fund fees charged and is consistently looking for ways to maximize value.