Transamerica Premier Funds introduced the Transamerica High Yield Bond Fund, which will invest primarily in debt instruments and convertible securities, emphasizing securities rated between Ba2 and B2 by Moody's that lead manager Heather Creedon believes are likely to be upgraded.
Ms. Creedon has managed a high-yield bond separate account for Transamerica since 1991. All assets in the separate accounts were transferred to the mutual fund. Stephen Ahearn is the comanager of the fund.
