A transposed stranded conductor for dynamoelectric machines in which the transposition is incomplete in the slot portion of the conductor so that unbalanced strand voltages occur which balance the strand voltages occurring in the end portions of the conductor to minimize eddy current losses and circulating currents and to minimize the tendency to nonuniformity of current distribution. This result is accomplished by providing untransposed sections in the conductor separated by transposed sections, each of the end portions of the conductor outside the slot having a transposed section separating two untransposed sections. The untransposed sections are paired, with the strands in each pair of untransposed sections inverted in position with respect to each other.