Transamerica Large Value Active ETF (TALV) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing at least 80% of its net assets in equity securities of large capitalization U.S. companies identified as undervalued with high potential to exceed market expectations through strong cash flow and earnings growth. The fund employs a relative value investment philosophy, focusing on a diversified portfolio of attractively priced large-cap stocks selected via bottom-up fundamental analysis; it is sub-advised by Great Lakes Advisors' large value team and features a capped expense ratio of 0.49%. TALV trades on the NYSE Arca exchange and targets investors seeking cost-conscious access to active large value equity strategies with potential tax efficiency.
Launched on December 16, 2025, TALV represents Transamerica's entry into the actively managed ETF space, alongside the simultaneous introduction of Transamerica Bond Active ETF (TABD), expanding access to established large value and fixed income strategies in a modern exchange-traded format. This launch reflects Transamerica's strategic commitment to diversified portfolio solutions for individual investors, retirement plans, and participants, leveraging sub-advisory expertise without recent reported acquisitions, partnerships, or further operational changes.
Transamerica, the fund sponsor, operates as a brand under Aegon N.V., a multinational financial services group, with primary activities in life insurance, retirement services, investments, and supplemental health products across the United States. The company maintains headquarters in Baltimore, Maryland, with key subsidiaries like Transamerica Life Company in Cedar Rapids, Iowa, and additional offices in Denver, St. Petersburg, and other U.S. locations; founded originally in 1904, it focuses on the U.S. market while benefiting from Aegon's global resources. TALV serves as part of the 2023 ETF Series Trust, emphasizing large-cap value equities for long-term growth-oriented investors.