DENVER, CO – April 30, 2013—Transamerica Funds is pleased to announce the addition of Transamerica MLP & Energy Income to its growing lineup of mutual funds.
Transamerica MLP & Energy Income is a transparent and liquid product providing exposure to energy infrastructure master limited partnerships (MLPs), designed to seek long-term capital growth while providing current income. The fund will invest at least 80% of its net assets in the equity and debt securities of energy MLPs, MLP-related entities, energy infrastructure companies and other issuers in the energy sector.
Transamerica remains committed to providing investors with access to institutional-quality investment management services and a full range of investments for all market conditions.
“In today’s low interest rate environment, we believe investments in MLPs and energy can be an effective solution for investors looking for strong growth and income potential, and a low-correlated asset class.” said Dave Paulsen, Chief...