Transamerica Aegon Bond VP
SCHEDULE OF INVESTMENTS
At March 31, 2024
(unaudited)
Principal | Value | |||||||
ASSET-BACKED SECURITIES - 11.2% | ||||||||
321 Henderson Receivables VI LLC | ||||||||
Series 2010-1A, Class A, | ||||||||
5.56%, 07/15/2059 (A) | $ 2,278,411 | $ 2,267,753 | ||||||
ACM Auto Trust | ||||||||
Series 2023-2A, Class A, | ||||||||
7.97%, 06/20/2030 (A) | 4,018,488 | 4,047,020 | ||||||
Anchorage Capital CLO 11 Ltd. | ||||||||
Series 2019-11A, Class AR, | ||||||||
3-Month Term SOFR + 1.40%, | 7,300,000 | 7,300,102 | ||||||
Anchorage Capital CLO 25 Ltd. | ||||||||
Series 2022-25A, Class C, | ||||||||
3-Month Term SOFR + 2.35%, | 1,000,000 | 990,827 | ||||||
Apidos CLO XXXI Ltd. | ||||||||
Series 2019-31A, Class A1R, | ||||||||
3-Month Term SOFR + 1.36%, | 7,000,000 | 7,002,597 | ||||||
Aqua Finance Trust | ||||||||
Series 2021-A, Class A, | ||||||||
1.54%, 07/17/2046 (A) | 4,603,475 | 4,116,470 | ||||||
Avis Budget Rental Car Funding AESOP LLC | ||||||||
Series 2023-7A, Class A, | ||||||||
5.90%, 08/21/2028 (A) | 5,355,000 | 5,453,179 | ||||||
Series 2024-1A, Class A, | ||||||||
5.36%, 06/20/2030 (A) | 5,270,000 | 5,299,289 | ||||||
Battalion CLO XXI Ltd. | ||||||||
Series 2021-21A, Class A, | ||||||||
3-Month Term SOFR + 1.44%, | 3,000,000 | 2,999,103 | ||||||
BXG Receivables Note Trust | ||||||||
Series 2023-A, Class A, | ||||||||
5.77%, 11/15/2038 (A) | 4,351,887 | 4,342,353 | ||||||
CARS-DB4 LP | ||||||||
Series 2020-1A, Class A1, | ||||||||
2.69%, 02/15/2050 (A) | 4,436,065 | 4,307,318 | ||||||
Series 2020-1A, Class A4, | ||||||||
3.19%, 02/15/2050 (A) | 1,232,552 | 1,190,579 | ||||||
CARS-DB5 LP | ||||||||
Series 2021-1A, Class A1, | ||||||||
1.44%, 08/15/2051 (A) | 3,256,458 | 2,912,598 | ||||||
Series 2021-1A, Class A3, | ||||||||
1.92%, 08/15/2051 (A) | 1,391,542 | 1,236,932 | ||||||
CARS-DB7 LP | ||||||||
Series 2023-1A, Class A1, | ||||||||
5.75%, 09/15/2053 (A) | 7,840,000 | 7,794,276 | ||||||
CIFC Funding Ltd. | ||||||||
Series 2017-4A, Class A1R, | ||||||||
3-Month Term SOFR + 1.21%, | 4,113,415 | 4,117,759 | ||||||
Citigroup Mortgage Loan Trust, Inc. | ||||||||
Series 2007-FS1, Class 1A1, | ||||||||
4.26% (B), 10/25/2037 (A) | 1,515,514 | 1,426,617 | ||||||
DataBank Issuer LLC | ||||||||
Series 2021-1A, Class A2, | ||||||||
2.06%, 02/27/2051 (A) | 6,419,000 | 5,883,424 |
Principal | Value | |||||||
ASSET-BACKED SECURITIES (continued) | ||||||||
Diamond Infrastructure Funding LLC | ||||||||
Series 2021-1A, Class A, | ||||||||
1.76%, 04/15/2049 (A) | $ 2,385,000 | $ 2,128,903 | ||||||
Diamond Resorts Owner Trust | ||||||||
Series 2021-1A, Class B, | ||||||||
2.05%, 11/21/2033 (A) | 1,120,054 | 1,055,815 | ||||||
Dryden 80 CLO Ltd. | ||||||||
Series 2019-80A, Class AR, | ||||||||
3-Month Term SOFR + 1.25%, | 6,700,000 | 6,699,833 | ||||||
First Investors Auto Owner Trust | ||||||||
Series 2021-2A, Class A, | ||||||||
0.48%, 03/15/2027 (A) | 586,314 | 579,726 | ||||||
First National Master Note Trust | ||||||||
Series 2023-1, Class A, | ||||||||
5.13%, 04/15/2029 | 8,210,000 | 8,180,288 | ||||||
GoodLeap Sustainable Home Solutions Trust | ||||||||
Series 2021-5CS, Class A, | ||||||||
2.31%, 10/20/2048 (A) | 5,152,759 | 4,147,237 | ||||||
Series 2022-1GS, Class A, | ||||||||
2.70%, 01/20/2049 (A) | 609,510 | 504,523 | ||||||
Series 2022-3CS, Class A, | ||||||||
4.95%, 07/20/2049 (A) | 595,498 | 559,573 | ||||||
Hertz Vehicle Financing III LLC | ||||||||
Series 2022-1A, Class B, | ||||||||
2.19%, 06/25/2026 (A) | 4,450,000 | 4,273,644 | ||||||
Series 2023-3A, Class A, | ||||||||
5.94%, 02/25/2028 (A) | 4,220,000 | 4,283,923 | ||||||
Hilton Grand Vacations Trust | ||||||||
Series 2018-AA, Class B, | ||||||||
3.70%, 02/25/2032 (A) | 2,951,984 | 2,889,838 | ||||||
Series 2023-1A, Class A, | 3,327,303 | 3,349,406 | ||||||
Home Equity Asset Trust | ||||||||
Series 2004-4, Class M1, | ||||||||
1-Month Term SOFR + 0.89%, | 1,106,039 | 1,088,232 | ||||||
ICG US CLO Ltd. | ||||||||
Series 2014-1A, Class A1A2, | ||||||||
3-Month Term SOFR + 1.46%, | 9,325,000 | 9,308,429 | ||||||
LCM XV LP | ||||||||
Series 15A, Class AR2, | ||||||||
3-Month Term SOFR + 1.26%, | 2,685,966 | 2,685,972 | ||||||
LCM XXV Ltd. | ||||||||
Series 25A, Class AR, | ||||||||
3-Month Term SOFR + 1.10%, | 2,571,271 | 2,569,811 | ||||||
Mosaic Solar Loan Trust | ||||||||
Series 2023-2A, Class A, | ||||||||
5.36%, 09/22/2053 (A) | 7,849,100 | 7,730,656 | ||||||
MVW LLC | ||||||||
Series 2020-1A, Class A, | ||||||||
1.74%, 10/20/2037 (A) | 1,213,479 | 1,137,385 | ||||||
Series 2021-1WA, Class A, | ||||||||
1.14%, 01/22/2041 (A) | 923,629 | 859,155 | ||||||
Series 2021-1WA, Class B, | ||||||||
1.44%, 01/22/2041 (A) | 4,351,357 | 4,046,025 | ||||||
Series 2023-1A, Class A, | ||||||||
4.93%, 10/20/2040 (A) | 5,781,789 | 5,693,582 |
Transamerica Series Trust | Page 1 |
Transamerica Aegon Bond VP
SCHEDULE OF INVESTMENTS (continued)
At March 31, 2024
(unaudited)
Principal | Value | |||||||
ASSET-BACKED SECURITIES (continued) | ||||||||
MVW LLC (continued) | ||||||||
Series 2024-1A, Class A, | ||||||||
5.32%, 02/20/2043 (A) | $ 1,541,000 | $ 1,547,787 | ||||||
Series 2024-1A, Class C, | ||||||||
6.20%, 02/20/2043 (A) | 2,950,000 | 2,958,123 | ||||||
OZLM XV Ltd. | ||||||||
Series 2016-15A, Class BR, | ||||||||
3-Month Term SOFR + 2.51%, | 3,900,000 | 3,899,949 | ||||||
OZLM XXIV Ltd. | ||||||||
Series 2019-24A, Class A1AR, | ||||||||
3-Month Term SOFR + 1.42%, | 5,000,000 | 4,985,090 | ||||||
RASC Trust | ||||||||
Series 2005-KS11, Class M2, | ||||||||
1-Month Term SOFR + 0.74%, | 608,415 | 604,972 | ||||||
Santander Drive Auto Receivables Trust | ||||||||
Series 2020-2, Class D, | ||||||||
2.22%, 09/15/2026 | 1,407,166 | 1,398,574 | ||||||
Series 2021-1, Class D, | ||||||||
1.13%, 11/16/2026 | 8,421,143 | 8,241,391 | ||||||
Series 2021-2, Class D, | ||||||||
1.35%, 07/15/2027 | 5,607,257 | 5,442,925 | ||||||
Series 2021-4, Class C, | ||||||||
1.26%, 02/16/2027 | 7,831,165 | 7,723,094 | ||||||
Series 2022-2, Class A3, | ||||||||
2.98%, 10/15/2026 | 1,013,904 | 1,011,601 | ||||||
Sierra Timeshare Receivables Funding LLC | ||||||||
Series 2019-2A, Class A, | ||||||||
2.59%, 05/20/2036 (A) | 1,180,045 | 1,169,941 | ||||||
Series 2020-2A, Class A, | ||||||||
1.33%, 07/20/2037 (A) | 3,791,388 | 3,630,208 | ||||||
Series 2020-2A, Class B, | ||||||||
2.32%, 07/20/2037 (A) | 1,902,218 | 1,827,066 | ||||||
Series 2021-1A, Class B, | ||||||||
1.34%, 11/20/2037 (A) | 2,278,316 | 2,154,731 | ||||||
Series 2021-1A, Class C, | ||||||||
1.79%, 11/20/2037 (A) | 1,002,552 | 948,306 | ||||||
Series 2023-1A, Class A, | ||||||||
5.20%, 01/20/2040 (A) | 5,985,107 | 5,950,189 | ||||||
Series 2023-2A, Class A, | ||||||||
5.80%, 04/20/2040 (A) | 2,938,200 | 2,958,972 | ||||||
Series 2023-3A, Class A, | ||||||||
6.10%, 09/20/2040 (A) | 6,552,724 | 6,650,858 | ||||||
Series 2024-1A, Class A, | ||||||||
5.15%, 01/20/2043 (A) | 2,412,000 | 2,402,305 | ||||||
Series 2024-1A, Class B, | ||||||||
5.35%, 01/20/2043 (A) | 1,975,000 | 1,967,355 | ||||||
Series 2024-1A, Class C, | ||||||||
5.94%, 01/20/2043 (A) | 3,235,000 | 3,222,135 | ||||||
Series 2024-1A, Class D, | ||||||||
8.02%, 01/20/2043 (A) | 1,150,000 | 1,146,939 | ||||||
Sound Point CLO XVI Ltd. | ||||||||
Series 2017-2A, Class AR, | ||||||||
3-Month Term SOFR + 1.24%, | 2,258,795 | 2,258,790 | ||||||
Symphony CLO XIX Ltd. | ||||||||
Series 2018-19A, Class A, | ||||||||
3-Month Term SOFR + 1.22%, | 4,597,517 | 4,597,439 |
Principal | Value | |||||||
ASSET-BACKED SECURITIES (continued) | ||||||||
TCI-Symphony CLO Ltd. | ||||||||
Series 2016-1A, Class AR2, | ||||||||
3-Month Term SOFR + 1.28%, | $ 4,801,755 | $ 4,802,907 | ||||||
TCW CLO Ltd. | ||||||||
Series 2018-1A, Class A1R, | ||||||||
3-Month Term SOFR + 1.23%, | 3,759,757 | 3,760,043 | ||||||
Toyota Auto Loan Extended Note Trust | ||||||||
Series 2019-1A, Class A, | ||||||||
2.56%, 11/25/2031 (A) | 5,000,000 | 4,977,447 | ||||||
Vantage Data Centers Issuer LLC | ||||||||
Series 2020-1A, Class A2, | ||||||||
1.65%, 09/15/2045 (A) | 9,170,000 | 8,591,489 | ||||||
Venture 38 CLO Ltd. | ||||||||
Series 2019-38A, Class A1R, | ||||||||
3-Month Term SOFR + 1.42%, | 4,900,000 | 4,902,254 | ||||||
Venture 43 CLO Ltd. | ||||||||
Series 2021-43A, Class A1, | ||||||||
3-Month Term SOFR + 1.50%, | 4,000,000 | 4,000,120 | ||||||
Venture XXVII CLO Ltd. | ||||||||
Series 2017-27A, Class AR, | ||||||||
3-Month Term SOFR + 1.31%, | 4,655,409 | 4,657,499 | ||||||
Veridian Auto Receivables Trust | ||||||||
Series 2023-1A, Class A2, | ||||||||
5.97%, 08/17/2026 (A) | 2,576,057 | 2,577,247 | ||||||
Wellfleet CLO Ltd. | ||||||||
Series 2019-1A, Class BR, | ||||||||
3-Month Term SOFR + 2.61%, | 3,000,000 | 2,986,830 | ||||||
Westlake Automobile Receivables Trust | ||||||||
Series 2022-3A, Class B, | ||||||||
5.99%, 12/15/2027 (A) | 4,095,000 | 4,104,322 | ||||||
|
| |||||||
Total Asset-Backed Securities | 270,519,050 | |||||||
|
| |||||||
CORPORATE DEBT SECURITIES - 42.8% | ||||||||
Aerospace & Defense - 0.6% | ||||||||
BAE Systems PLC | ||||||||
5.30%, 03/26/2034 (A) | 3,259,000 | 3,276,991 | ||||||
Boeing Co. | ||||||||
5.93%, 05/01/2060 | 3,891,000 | 3,651,320 | ||||||
Embraer Netherlands Finance BV | ||||||||
7.00%, 07/28/2030 (A) | 2,524,000 | 2,642,608 | ||||||
HEICO Corp. | ||||||||
5.35%, 08/01/2033 | 5,897,000 | 5,921,645 | ||||||
|
| |||||||
15,492,564 | ||||||||
|
| |||||||
Automobile Components - 0.1% | ||||||||
Aptiv PLC/Aptiv Corp. | ||||||||
3.25%, 03/01/2032 (C) | 2,419,000 | 2,104,577 | ||||||
|
| |||||||
Automobiles - 1.2% | ||||||||
BMW US Capital LLC | ||||||||
2.80%, 04/11/2026 (A) | 2,638,000 | 2,523,917 | ||||||
Ford Motor Co. | ||||||||
4.35%, 12/08/2026 | 1,619,000 | 1,576,372 |
Transamerica Series Trust | Page 2 |
Transamerica Aegon Bond VP
SCHEDULE OF INVESTMENTS (continued)
At March 31, 2024
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Automobiles (continued) | ||||||||
Ford Motor Credit Co. LLC | ||||||||
3.38%, 11/13/2025 | $ 6,921,000 | $ 6,659,748 | ||||||
6.95%, 06/10/2026 | 3,602,000 | 3,681,152 | ||||||
General Motors Co. | ||||||||
6.25%, 10/02/2043 | 3,739,000 | 3,827,518 | ||||||
Nissan Motor Acceptance Co. LLC | ||||||||
7.05%, 09/15/2028 (A) | 4,914,000 | 5,141,299 | ||||||
Stellantis Finance US, Inc. | ||||||||
6.38%, 09/12/2032 (A) | 3,516,000 | 3,789,458 | ||||||
Volkswagen Group of America Finance LLC | ||||||||
1.63%, 11/24/2027 (A) | 2,869,000 | 2,542,518 | ||||||
|
| |||||||
29,741,982 | ||||||||
|
| |||||||
Banks - 6.7% | ||||||||
Banco Santander SA | ||||||||
Fixed until 03/14/2027, | 4,000,000 | 4,000,594 | ||||||
Bank of America Corp. | ||||||||
Fixed until 03/11/2031, | 5,192,000 | 4,390,074 | ||||||
Fixed until 01/23/2034, | 2,735,000 | 2,756,697 | ||||||
Fixed until 09/15/2028, | 11,713,000 | 12,017,501 | ||||||
Barclays PLC | ||||||||
Fixed until 03/12/2054, | 1,049,000 | 1,092,009 | ||||||
Fixed until 11/02/2025, | 7,905,000 | 8,100,094 | ||||||
Fixed until 12/15/2029 (D), | 5,702,000 | 6,045,426 | ||||||
BBVA Bancomer SA | ||||||||
Fixed until 09/13/2029, | 2,450,000 | 2,318,609 | ||||||
Fixed until 06/29/2033, | 6,000,000 | 6,335,526 | ||||||
BNP Paribas SA | ||||||||
Fixed until 11/17/2027 (D), | 8,065,000 | 8,657,423 | ||||||
BPCE SA | ||||||||
4.50%, 03/15/2025 (A) | 6,217,000 | 6,124,848 | ||||||
Citigroup, Inc. | ||||||||
Fixed until 05/25/2033, | 4,585,000 | 4,650,830 | ||||||
Goldman Sachs Group, Inc. | ||||||||
Fixed until 10/21/2031, | 6,942,000 | 5,783,007 | ||||||
ING Groep NV | ||||||||
Fixed until 09/11/2033, | 3,676,000 | 3,817,169 | ||||||
Intesa Sanpaolo SpA | ||||||||
Fixed until 11/21/2032, | 11,423,000 | 12,777,628 | ||||||
JPMorgan Chase & Co. | ||||||||
Fixed until 01/23/2029, | 11,400,000 | 11,357,013 | ||||||
Fixed until 01/23/2034, | 4,644,000 | 4,665,360 | ||||||
Lloyds Banking Group PLC | ||||||||
Fixed until 01/05/2034, | 4,897,000 | 4,928,294 |
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Banks (continued) | ||||||||
Morgan Stanley | ||||||||
Fixed until 01/16/2029, | $ 11,068,000 | $ 11,082,738 | ||||||
Fixed until 01/18/2034, | 2,326,000 | 2,348,946 | ||||||
PNC Financial Services Group, Inc. | ||||||||
Fixed until 01/22/2034, | 1,058,000 | 1,068,309 | ||||||
Fixed until 08/18/2033, | 4,336,000 | 4,452,781 | ||||||
Societe Generale SA | ||||||||
Fixed until 11/14/2028 (D), | 5,471,000 | 5,802,783 | ||||||
Truist Financial Corp. | ||||||||
Fixed until 01/26/2033, | 4,033,000 | 3,883,208 | ||||||
Fixed until 01/24/2034, | 3,641,000 | 3,659,294 | ||||||
Fixed until 10/28/2032, | 2,326,000 | 2,404,093 | ||||||
Fixed until 10/30/2028, | 2,332,000 | 2,488,824 | ||||||
UBS Group AG | ||||||||
Fixed until 11/15/2032, | 1,823,000 | 2,211,354 | ||||||
Fixed until 11/13/2028 (D), | 5,360,000 | 5,807,480 | ||||||
Wells Fargo & Co. | ||||||||
Fixed until 07/25/2033, | 7,223,000 | 7,257,800 | ||||||
|
| |||||||
162,285,712 | ||||||||
|
| |||||||
Beverages - 0.4% | ||||||||
Constellation Brands, Inc. | ||||||||
3.15%, 08/01/2029 | 1,846,000 | 1,682,361 | ||||||
3.70%, 12/06/2026 | 1,862,000 | 1,796,704 | ||||||
Primo Water Holdings, Inc. | ||||||||
4.38%, 04/30/2029 (A) | 6,468,000 | 5,948,350 | ||||||
|
| |||||||
9,427,415 | ||||||||
|
| |||||||
Biotechnology - 0.6% | ||||||||
Amgen, Inc. | ||||||||
2.80%, 08/15/2041 | 2,895,000 | 2,100,673 | ||||||
5.60%, 03/02/2043 | 2,536,000 | 2,582,693 | ||||||
CSL Finance PLC | ||||||||
4.63%, 04/27/2042 (A) | 4,559,000 | 4,216,669 | ||||||
Royalty Pharma PLC | ||||||||
2.20%, 09/02/2030 | 5,361,000 | 4,457,402 | ||||||
|
| |||||||
13,357,437 | ||||||||
|
| |||||||
Building Products - 0.6% | ||||||||
Builders FirstSource, Inc. | ||||||||
5.00%, 03/01/2030 (A) | 1,802,000 | 1,721,925 | ||||||
Carrier Global Corp. | ||||||||
5.90%, 03/15/2034 | 2,530,000 | 2,659,767 | ||||||
Lowe’s Cos., Inc. | ||||||||
3.75%, 04/01/2032 | 5,211,000 | 4,790,859 | ||||||
Mohawk Industries, Inc. | ||||||||
5.85%, 09/18/2028 | 4,192,000 | 4,317,398 | ||||||
|
| |||||||
13,489,949 | ||||||||
|
|
Transamerica Series Trust | Page 3 |
Transamerica Aegon Bond VP
SCHEDULE OF INVESTMENTS (continued)
At March 31, 2024
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Capital Markets - 0.5% | ||||||||
Charles Schwab Corp. | ||||||||
Fixed until 05/19/2033, | $ 8,890,000 | $ 9,109,129 | ||||||
LPL Holdings, Inc. | ||||||||
4.00%, 03/15/2029 (A) | 4,234,000 | 3,894,526 | ||||||
|
| |||||||
13,003,655 | ||||||||
|
| |||||||
Chemicals - 0.4% | ||||||||
ASP Unifrax Holdings, Inc. | ||||||||
5.25%, 09/30/2028 (A) | 964,000 | 629,386 | ||||||
Celanese US Holdings LLC | ||||||||
6.70%, 11/15/2033 | 3,254,000 | 3,471,702 | ||||||
Mosaic Co. | ||||||||
4.05%, 11/15/2027 (C) | 2,604,000 | 2,513,595 | ||||||
Nutrien Ltd. | ||||||||
4.20%, 04/01/2029 | 4,240,000 | 4,096,367 | ||||||
|
| |||||||
10,711,050 | ||||||||
|
| |||||||
Commercial Services & Supplies - 2.0% | ||||||||
ADT Security Corp. | ||||||||
4.13%, 08/01/2029 (A) | 5,327,000 | 4,880,569 | ||||||
Ambipar Lux SARL | ||||||||
9.88%, 02/06/2031 (A) | 4,583,000 | 4,594,743 | ||||||
Ashtead Capital, Inc. | ||||||||
5.55%, 05/30/2033 (A) | 1,773,000 | 1,743,339 | ||||||
5.80%, 04/15/2034 (A) | 1,234,000 | 1,235,840 | ||||||
Carlisle Cos., Inc. | ||||||||
3.75%, 12/01/2027 | 1,994,000 | 1,901,449 | ||||||
Element Fleet Management Corp. | ||||||||
6.32%, 12/04/2028 (A) | 6,761,000 | 6,988,030 | ||||||
General Electric Co. | ||||||||
4.50%, 03/11/2044 | 5,409,000 | 4,916,690 | ||||||
GXO Logistics, Inc. | ||||||||
2.65%, 07/15/2031 | 7,566,000 | 6,165,509 | ||||||
Quanta Services, Inc. | ||||||||
2.90%, 10/01/2030 | 2,805,000 | 2,454,381 | ||||||
Stericycle, Inc. | ||||||||
3.88%, 01/15/2029 (A) (C) | 3,293,000 | 2,985,508 | ||||||
Triton Container International Ltd./TAL International Container Corp. | ||||||||
3.25%, 03/15/2032 | 9,279,000 | 7,461,236 | ||||||
Veralto Corp. | ||||||||
5.45%, 09/18/2033 (A) | 3,739,000 | 3,784,055 | ||||||
|
| |||||||
49,111,349 | ||||||||
|
| |||||||
Communications Equipment - 0.2% | ||||||||
CommScope, Inc. | ||||||||
4.75%, 09/01/2029 (A) | 6,057,000 | 4,330,755 | ||||||
|
| |||||||
Construction & Engineering - 0.5% | ||||||||
Ashton Woods USA LLC/Ashton Woods Finance Co. | ||||||||
4.63%, 08/01/2029 - 04/01/2030 (A) | 2,867,000 | 2,635,901 | ||||||
Century Communities, Inc. | ||||||||
3.88%, 08/15/2029 (A) | 2,621,000 | 2,360,096 | ||||||
6.75%, 06/01/2027 | 2,100,000 | 2,112,987 | ||||||
IHS Holding Ltd. | ||||||||
5.63%, 11/29/2026 (A) | 2,572,000 | 2,386,250 | ||||||
IHS Netherlands Holdco BV | ||||||||
8.00%, 09/18/2027 (A) | 2,253,000 | 2,143,549 | ||||||
|
| |||||||
11,638,783 | ||||||||
|
|
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Construction Materials - 0.2% | ||||||||
CRH America Finance, Inc. | ||||||||
3.40%, 05/09/2027 (A) | $ 4,933,000 | $ 4,711,672 | ||||||
Holcim Finance US LLC | ||||||||
4.75%, 09/22/2046 (A) | 1,100,000 | 976,607 | ||||||
|
| |||||||
5,688,279 | ||||||||
|
| |||||||
Consumer Finance - 0.2% | ||||||||
Capital One Financial Corp. | ||||||||
Fixed until 02/01/2029, | 4,976,000 | 5,017,301 | ||||||
|
| |||||||
Consumer Staples Distribution & Retail - 0.7% | ||||||||
7-Eleven, Inc. | ||||||||
1.80%, 02/10/2031 (A) | 6,961,000 | 5,594,168 | ||||||
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP | ||||||||
4.63%, 01/15/2027 (A) | 6,311,000 | 6,110,249 | ||||||
InRetail Consumer | ||||||||
3.25%, 03/22/2028 (A) | 3,319,000 | 2,981,031 | ||||||
Sysco Corp. | ||||||||
5.95%, 04/01/2030 | 3,113,000 | 3,247,388 | ||||||
|
| |||||||
17,932,836 | ||||||||
|
| |||||||
Containers & Packaging - 0.9% | ||||||||
Clydesdale Acquisition Holdings, Inc. | ||||||||
6.63%, 04/15/2029 (A) | 3,807,000 | 3,808,732 | ||||||
Mauser Packaging Solutions Holding Co. | ||||||||
7.88%, 08/15/2026 (A) | 2,876,000 | 2,930,466 | ||||||
Pactiv Evergreen Group Issuer, Inc./Pactiv Evergreen Group Issuer LLC | ||||||||
4.00%, 10/15/2027 (A) | 7,824,000 | 7,296,619 | ||||||
Sonoco Products Co. | ||||||||
2.25%, 02/01/2027 | 2,978,000 | 2,760,213 | ||||||
WRKCo, Inc. | ||||||||
3.90%, 06/01/2028 | 4,035,000 | 3,848,609 | ||||||
|
| |||||||
20,644,639 | ||||||||
|
| |||||||
Distributors - 0.1% | ||||||||
LKQ Corp. | ||||||||
6.25%, 06/15/2033 | 2,491,000 | 2,594,680 | ||||||
|
| |||||||
Diversified REITs - 1.1% | ||||||||
Broadstone Net Lease LLC | ||||||||
2.60%, 09/15/2031 | 3,510,000 | 2,771,917 | ||||||
GLP Capital LP/GLP Financing II, Inc. | ||||||||
4.00%, 01/15/2030 | 3,602,000 | 3,287,890 | ||||||
HAT Holdings I LLC/HAT Holdings II LLC | ||||||||
3.38%, 06/15/2026 (A) | 3,656,000 | 3,444,057 | ||||||
Safehold GL Holdings LLC | ||||||||
6.10%, 04/01/2034 | 3,810,000 | 3,788,767 | ||||||
SBA Tower Trust | ||||||||
6.60%, 01/15/2028 (A) | 13,662,000 | 14,002,512 | ||||||
|
| |||||||
27,295,143 | ||||||||
|
| |||||||
Diversified Telecommunication Services - 0.4% | ||||||||
Verizon Communications, Inc. | ||||||||
1.68%, 10/30/2030 | 2,963,000 | 2,415,422 | ||||||
1.75%, 01/20/2031 | 4,013,000 | 3,260,189 | ||||||
4.13%, 03/16/2027 | 2,931,000 | 2,870,597 | ||||||
|
| |||||||
8,546,208 | ||||||||
|
| |||||||
Electric Utilities - 0.9% | ||||||||
Black Hills Corp. | ||||||||
3.15%, 01/15/2027 | 2,572,000 | 2,429,817 |
Transamerica Series Trust | Page 4 |
Transamerica Aegon Bond VP
SCHEDULE OF INVESTMENTS (continued)
At March 31, 2024
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Electric Utilities (continued) | ||||||||
Cleveland Electric Illuminating Co. | ||||||||
3.50%, 04/01/2028 (A) | $ 6,120,000 | $ 5,713,666 | ||||||
Duke Energy Corp. | ||||||||
5.00%, 12/08/2027 | 1,740,000 | 1,738,459 | ||||||
EDP Finance BV | ||||||||
3.63%, 07/15/2024 (A) | 4,735,000 | 4,706,396 | ||||||
Investment Energy Resources Ltd. | ||||||||
6.25%, 04/26/2029 (A) | 1,588,000 | 1,535,294 | ||||||
JSW Hydro Energy Ltd. | ||||||||
4.13%, 05/18/2031 (E) | 2,576,000 | 2,278,115 | ||||||
Pacific Gas & Electric Co. | ||||||||
2.50%, 02/01/2031 | 2,692,000 | 2,241,243 | ||||||
3.30%, 12/01/2027 | 400,000 | 371,897 | ||||||
|
| |||||||
21,014,887 | ||||||||
|
| |||||||
Electronic Equipment, Instruments & Components - 0.7% | ||||||||
Arrow Electronics, Inc. | ||||||||
2.95%, 02/15/2032 | 4,235,000 | 3,557,371 | ||||||
Keysight Technologies, Inc. | ||||||||
4.60%, 04/06/2027 | 4,598,000 | 4,526,725 | ||||||
Sensata Technologies, Inc. | ||||||||
4.38%, 02/15/2030 (A) | 3,358,000 | 3,056,520 | ||||||
Trimble, Inc. | ||||||||
6.10%, 03/15/2033 | 5,881,000 | 6,148,734 | ||||||
|
| |||||||
17,289,350 | ||||||||
|
| |||||||
Energy Equipment & Services - 0.1% | ||||||||
Odebrecht Oil & Gas Finance Ltd. | 500,930 | 26,299 | ||||||
Schlumberger Holdings Corp. | ||||||||
3.90%, 05/17/2028 (A) | 2,385,000 | 2,299,488 | ||||||
|
| |||||||
2,325,787 | ||||||||
|
| |||||||
Financial Services - 1.3% | ||||||||
AerCap Ireland Capital DAC/AerCap Global Aviation Trust | ||||||||
4.45%, 04/03/2026 | 2,421,000 | 2,381,578 | ||||||
Aviation Capital Group LLC | ||||||||
3.50%, 11/01/2027 (A) | 5,935,000 | 5,525,836 | ||||||
5.50%, 12/15/2024 (A) | 7,444,000 | 7,415,642 | ||||||
Avolon Holdings Funding Ltd. | ||||||||
4.25%, 04/15/2026 (A) | 4,613,000 | 4,453,162 | ||||||
5.50%, 01/15/2026 (A) | 7,566,000 | 7,486,883 | ||||||
Macquarie Airfinance Holdings Ltd. | ||||||||
6.50%, 03/26/2031 (A) | 881,000 | 896,900 | ||||||
United Wholesale Mortgage LLC | ||||||||
5.50%, 11/15/2025 (A) | 4,479,000 | 4,439,192 | ||||||
|
| |||||||
32,599,193 | ||||||||
|
| |||||||
Food Products - 1.2% | ||||||||
Bunge Ltd. Finance Corp. | ||||||||
1.63%, 08/17/2025 | 2,794,000 | 2,646,889 | ||||||
2.75%, 05/14/2031 | 4,899,000 | 4,213,160 | ||||||
Cargill, Inc. | ||||||||
5.13%, 10/11/2032 (A) | 2,101,000 | 2,113,065 | ||||||
J M Smucker Co. | ||||||||
6.50%, 11/15/2043 | 2,405,000 | 2,612,817 | ||||||
Post Holdings, Inc. | ||||||||
4.63%, 04/15/2030 (A) | 1,608,000 | 1,477,709 | ||||||
5.50%, 12/15/2029 (A) | 5,089,000 | 4,919,347 | ||||||
Tyson Foods, Inc. | ||||||||
5.70%, 03/15/2034 | 3,760,000 | 3,806,863 | ||||||
Viterra Finance BV | ||||||||
4.90%, 04/21/2027 (A) | 6,894,000 | 6,773,701 | ||||||
|
| |||||||
28,563,551 | ||||||||
|
|
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Health Care Equipment & Supplies - 0.4% | ||||||||
Alcon Finance Corp. | ||||||||
2.75%, 09/23/2026 (A) | $ 3,455,000 | $ 3,260,108 | ||||||
5.75%, 12/06/2052 (A) | 892,000 | 924,670 | ||||||
Boston Scientific Corp. | ||||||||
4.70%, 03/01/2049 | 725,000 | 671,890 | ||||||
Medline Borrower LP | ||||||||
3.88%, 04/01/2029 (A) | 1,821,000 | 1,659,318 | ||||||
5.25%, 10/01/2029 (A) | 1,459,000 | 1,378,765 | ||||||
Stryker Corp. | ||||||||
1.95%, 06/15/2030 | 3,174,000 | 2,679,298 | ||||||
|
| |||||||
10,574,049 | ||||||||
|
| |||||||
Health Care Providers & Services - 2.2% | ||||||||
Cardinal Health, Inc. | ||||||||
5.45%, 02/15/2034 | 3,168,000 | 3,200,585 | ||||||
Centene Corp. | ||||||||
3.00%, 10/15/2030 | 1,608,000 | 1,378,104 | ||||||
3.38%, 02/15/2030 | 5,226,000 | 4,625,041 | ||||||
4.25%, 12/15/2027 | 1,438,000 | 1,371,856 | ||||||
Charles River Laboratories International, Inc. | ||||||||
4.00%, 03/15/2031 (A) | 2,308,000 | 2,064,279 | ||||||
CHS/Community Health Systems, Inc. | ||||||||
5.25%, 05/15/2030 (A) | 2,372,000 | 1,934,279 | ||||||
Cigna Group | ||||||||
2.40%, 03/15/2030 | 2,487,000 | 2,149,368 | ||||||
5.25%, 02/15/2034 | 5,748,000 | 5,739,575 | ||||||
CVS Health Corp. | ||||||||
4.78%, 03/25/2038 | 2,923,000 | 2,704,017 | ||||||
5.25%, 01/30/2031 | 2,842,000 | 2,864,192 | ||||||
Elevance Health, Inc. | ||||||||
2.25%, 05/15/2030 | 2,912,000 | 2,489,841 | ||||||
5.13%, 02/15/2053 | 4,527,000 | 4,339,389 | ||||||
HCA, Inc. | ||||||||
5.60%, 04/01/2034 | 4,018,000 | 4,049,898 | ||||||
6.00%, 04/01/2054 | 3,988,000 | 4,053,791 | ||||||
Molina Healthcare, Inc. | ||||||||
4.38%, 06/15/2028 (A) | 2,587,000 | 2,431,844 | ||||||
Tenet Healthcare Corp. | ||||||||
5.13%, 11/01/2027 | 3,149,000 | 3,080,218 | ||||||
UnitedHealth Group, Inc. | ||||||||
5.20%, 04/15/2063 | 4,016,000 | 3,926,703 | ||||||
|
| |||||||
52,402,980 | ||||||||
|
| |||||||
Health Care REITs - 0.1% | ||||||||
DOC DR LLC | ||||||||
2.63%, 11/01/2031 | 2,876,000 | 2,371,015 | ||||||
|
| |||||||
Health Care Technology - 0.1% | ||||||||
GE HealthCare Technologies, Inc. | ||||||||
5.86%, 03/15/2030 | 2,046,000 | 2,130,777 | ||||||
|
| |||||||
Hotels, Restaurants & Leisure - 1.5% | ||||||||
Alsea SAB de CV | ||||||||
7.75%, 12/14/2026 (E) | 2,500,000 | 2,561,562 | ||||||
Boyd Gaming Corp. | ||||||||
4.75%, 12/01/2027 | 1,498,000 | 1,446,636 | ||||||
Boyne USA, Inc. | ||||||||
4.75%, 05/15/2029 (A) | 1,273,000 | 1,179,699 | ||||||
Hilton Domestic Operating Co., Inc. | ||||||||
3.75%, 05/01/2029 (A) | 4,439,000 | 4,072,014 | ||||||
Hyatt Hotels Corp. | ||||||||
1.80%, 10/01/2024 | 1,878,000 | 1,838,520 | ||||||
International Game Technology PLC | ||||||||
6.50%, 02/15/2025 (A) | 2,190,000 | 2,197,858 |
Transamerica Series Trust | Page 5 |
Transamerica Aegon Bond VP
SCHEDULE OF INVESTMENTS (continued)
At March 31, 2024
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Hotels, Restaurants & Leisure (continued) | ||||||||
Light & Wonder International, Inc. | ||||||||
7.00%, 05/15/2028 (A) | $ 1,439,000 | $ 1,450,406 | ||||||
7.25%, 11/15/2029 (A) | 1,730,000 | 1,776,144 | ||||||
Marriott International, Inc. | ||||||||
2.75%, 10/15/2033 | 3,278,000 | 2,666,342 | ||||||
5.75%, 05/01/2025 | 402,000 | 402,825 | ||||||
MGM Resorts International | ||||||||
4.75%, 10/15/2028 | 3,753,000 | 3,568,704 | ||||||
NCL Corp. Ltd. | ||||||||
5.88%, 03/15/2026 (A) | 3,086,000 | 3,044,998 | ||||||
Royal Caribbean Cruises Ltd. | ||||||||
5.50%, 04/01/2028 (A) | 2,253,000 | 2,226,676 | ||||||
Viking Cruises Ltd. | ||||||||
5.88%, 09/15/2027 (A) | 5,609,000 | 5,504,800 | ||||||
Warnermedia Holdings, Inc. | ||||||||
5.05%, 03/15/2042 | 3,928,000 | 3,376,789 | ||||||
|
| |||||||
37,313,973 | ||||||||
|
| |||||||
Independent Power & Renewable Electricity Producers - 0.4% | ||||||||
Calpine Corp. | ||||||||
3.75%, 03/01/2031 (A) | 7,630,000 | 6,691,574 | ||||||
NRG Energy, Inc. | ||||||||
3.38%, 02/15/2029 (A) | 1,347,000 | 1,196,502 | ||||||
3.63%, 02/15/2031 (A) | 1,408,000 | 1,213,697 | ||||||
|
| |||||||
9,101,773 | ||||||||
|
| |||||||
Insurance - 1.9% | ||||||||
AXA SA | ||||||||
8.60%, 12/15/2030 | 6,409,000 | 7,566,146 | ||||||
Cloverie PLC for Zurich Insurance Co. Ltd. | ||||||||
Fixed until 06/24/2026, | 9,455,000 | 9,407,725 | ||||||
Constellation Insurance, Inc. | ||||||||
6.80%, 01/24/2030 (A) | 8,992,000 | 8,790,211 | ||||||
Equitable Holdings, Inc. | ||||||||
5.59%, 01/11/2033 | 6,235,000 | 6,305,452 | ||||||
Global Atlantic Finance Co. | ||||||||
6.75%, 03/15/2054 (A) | 1,025,000 | 1,052,986 | ||||||
7.95%, 06/15/2033 (A) | 4,839,000 | 5,379,022 | ||||||
Hanwha Life Insurance Co. Ltd. | ||||||||
Fixed until 02/04/2027, | 4,600,000 | 4,264,430 | ||||||
Muenchener Rueckversicherungs-Gesellschaft AG | ||||||||
Fixed until 11/23/2031, | 2,600,000 | 2,634,440 | ||||||
|
| |||||||
45,400,412 | ||||||||
|
| |||||||
Interactive Media & Services - 0.3% | ||||||||
Baidu, Inc. | ||||||||
4.38%, 05/14/2024 | 2,675,000 | 2,670,399 | ||||||
Meta Platforms, Inc. | ||||||||
4.80%, 05/15/2030 | 4,086,000 | 4,107,420 | ||||||
|
| |||||||
6,777,819 | ||||||||
|
| |||||||
Internet & Catalog Retail - 0.1% | ||||||||
Expedia Group, Inc. | ||||||||
2.95%, 03/15/2031 | 1,045,000 | 910,557 | ||||||
3.80%, 02/15/2028 | 1,861,000 | 1,771,221 | ||||||
|
| |||||||
2,681,778 | ||||||||
|
|
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Machinery - 0.4% | ||||||||
CNH Industrial Capital LLC | ||||||||
4.55%, 04/10/2028 | $ 4,881,000 | $ 4,784,579 | ||||||
Huntington Ingalls Industries, Inc. | ||||||||
2.04%, 08/16/2028 | 5,053,000 | 4,414,573 | ||||||
|
| |||||||
9,199,152 | ||||||||
|
| |||||||
Marine Transportation - 0.2% | ||||||||
MV24 Capital BV | ||||||||
6.75%, 06/01/2034 (A) | 4,112,436 | 3,859,136 | ||||||
|
| |||||||
Media - 1.0% | ||||||||
Charter Communications Operating LLC/Charter Communications Operating Capital | ||||||||
5.13%, 07/01/2049 | 7,829,000 | 6,060,985 | ||||||
Clear Channel Outdoor Holdings, Inc. | ||||||||
7.50%, 06/01/2029 (A) (C) | 1,505,000 | 1,245,076 | ||||||
Comcast Corp. | ||||||||
4.15%, 10/15/2028 | 5,635,000 | 5,504,159 | ||||||
CSC Holdings LLC | ||||||||
4.50%, 11/15/2031 (A) | 2,712,000 | 1,919,736 | ||||||
Paramount Global | ||||||||
4.20%, 05/19/2032 (C) | 2,213,000 | 1,840,267 | ||||||
Virgin Media Secured Finance PLC | ||||||||
4.50%, 08/15/2030 (A) | 2,620,000 | 2,267,900 | ||||||
5.50%, 05/15/2029 (A) | 6,126,000 | 5,665,604 | ||||||
|
| |||||||
24,503,727 | ||||||||
|
| |||||||
Metals & Mining - 0.4% | ||||||||
ArcelorMittal SA | ||||||||
6.55%, 11/29/2027 | 5,136,000 | 5,331,954 | ||||||
Glencore Funding LLC | ||||||||
2.63%, 09/23/2031 (A) | 5,411,000 | 4,514,466 | ||||||
Novelis Corp. | ||||||||
3.25%, 11/15/2026 (A) | 915,000 | 852,576 | ||||||
|
| |||||||
10,698,996 | ||||||||
|
| |||||||
Mortgage Real Estate Investment Trusts - 0.4% | ||||||||
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp. | ||||||||
4.25%, 02/01/2027 (A) | 9,156,000 | 8,568,899 | ||||||
|
| |||||||
Office REITs - 0.3% | ||||||||
COPT Defense Properties LP | ||||||||
2.25%, 03/15/2026 | 2,900,000 | 2,727,372 | ||||||
Highwoods Realty LP | ||||||||
4.13%, 03/15/2028 | 2,540,000 | 2,376,116 | ||||||
7.65%, 02/01/2034 | 1,817,000 | 1,986,779 | ||||||
|
| |||||||
7,090,267 | ||||||||
|
| |||||||
Oil, Gas & Consumable Fuels - 4.3% | ||||||||
Antero Midstream Partners LP/Antero Midstream Finance Corp. | ||||||||
7.88%, 05/15/2026 (A) | 4,119,000 | 4,204,939 | ||||||
Boardwalk Pipelines LP | ||||||||
3.40%, 02/15/2031 | 6,668,000 | 5,916,092 | ||||||
Cheniere Energy Partners LP | ||||||||
4.00%, 03/01/2031 | 7,820,000 | 7,101,292 | ||||||
4.50%, 10/01/2029 | 3,017,000 | 2,871,990 | ||||||
Chevron USA, Inc. | ||||||||
3.25%, 10/15/2029 | 2,435,000 | 2,280,489 | ||||||
Ecopetrol SA | ||||||||
8.38%, 01/19/2036 | 5,000,000 | 5,042,820 | ||||||
Energy Transfer LP | ||||||||
6.00%, 06/15/2048 | 6,319,000 | 6,289,276 |
Transamerica Series Trust | Page 6 |
Transamerica Aegon Bond VP
SCHEDULE OF INVESTMENTS (continued)
At March 31, 2024
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Oil, Gas & Consumable Fuels (continued) | ||||||||
EnLink Midstream Partners LP | ||||||||
5.05%, 04/01/2045 | $ 5,234,000 | $ 4,323,034 | ||||||
EQM Midstream Partners LP | ||||||||
6.38%, 04/01/2029 (A) | 1,324,000 | 1,334,849 | ||||||
Exxon Mobil Corp. | ||||||||
3.04%, 03/01/2026 | 3,344,000 | 3,239,139 | ||||||
NuStar Logistics LP | ||||||||
5.63%, 04/28/2027 | 3,919,000 | 3,876,360 | ||||||
5.75%, 10/01/2025 | 1,162,000 | 1,156,239 | ||||||
Occidental Petroleum Corp. | ||||||||
5.55%, 03/15/2026 | 10,740,000 | 10,780,393 | ||||||
ONEOK Partners LP | ||||||||
4.90%, 03/15/2025 | 1,556,000 | 1,544,462 | ||||||
ONEOK, Inc. | ||||||||
6.10%, 11/15/2032 | 5,085,000 | 5,331,982 | ||||||
Ovintiv, Inc. | ||||||||
6.25%, 07/15/2033 | 3,595,000 | 3,736,071 | ||||||
Petroleos Mexicanos | ||||||||
6.50%, 01/23/2029 (C) | 3,820,000 | 3,412,154 | ||||||
6.84%, 01/23/2030 | 3,043,000 | 2,684,618 | ||||||
6.88%, 10/16/2025 | 2,701,000 | 2,666,128 | ||||||
7.69%, 01/23/2050 | 1,538,000 | 1,107,166 | ||||||
Plains All American Pipeline LP/PAA Finance Corp. | ||||||||
3.55%, 12/15/2029 | 2,348,000 | 2,154,923 | ||||||
Sabine Pass Liquefaction LLC | ||||||||
5.90%, 09/15/2037 | 4,425,000 | 4,598,684 | ||||||
Southwestern Energy Co. | ||||||||
5.38%, 03/15/2030 | 1,764,000 | 1,697,489 | ||||||
Targa Resources Partners LP/Targa Resources Partners Finance Corp. | ||||||||
4.00%, 01/15/2032 | 1,979,000 | 1,780,713 | ||||||
Venture Global LNG, Inc. | ||||||||
9.50%, 02/01/2029 (A) | 5,364,000 | 5,778,463 | ||||||
Vital Energy, Inc. | ||||||||
7.75%, 07/31/2029 (A) | 3,265,000 | 3,291,972 | ||||||
Western Midstream Operating LP | ||||||||
6.15%, 04/01/2033 | 3,723,000 | 3,818,506 | ||||||
YPF SA | ||||||||
9.50%, 01/17/2031 (A) | 1,338,000 | 1,366,809 | ||||||
|
| |||||||
103,387,052 | ||||||||
|
| |||||||
Passenger Airlines - 0.3% | ||||||||
American Airlines Pass-Through Trust | ||||||||
3.15%, 08/15/2033 | 1,849,442 | 1,653,417 | ||||||
Delta Air Lines Pass-Through Trust | ||||||||
3.20%, 10/25/2025 | 2,273,000 | 2,271,258 | ||||||
Delta Air Lines, Inc./SkyMiles IP Ltd. | ||||||||
4.75%, 10/20/2028 (A) | 4,574,000 | 4,474,552 | ||||||
|
| |||||||
8,399,227 | ||||||||
|
| |||||||
Personal Care Products - 0.3% | ||||||||
Kenvue, Inc. | ||||||||
5.00%, 03/22/2030 | 6,041,000 | 6,104,145 | ||||||
|
| |||||||
Pharmaceuticals - 0.9% | ||||||||
AbbVie, Inc. | ||||||||
5.05%, 03/15/2034 | 4,999,000 | 5,059,262 | ||||||
Bausch Health Cos., Inc. | ||||||||
5.25%, 01/30/2030 (A) | 4,435,000 | 1,831,796 | ||||||
Bayer US Finance II LLC | ||||||||
4.38%, 12/15/2028 (A) | 2,232,000 | 2,101,621 | ||||||
Bristol-Myers Squibb Co. | ||||||||
5.65%, 02/22/2064 | 1,935,000 | 1,996,389 | ||||||
Merck & Co., Inc. | ||||||||
5.00%, 05/17/2053 | 4,779,000 | 4,684,731 |
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Pharmaceuticals (continued) | ||||||||
Pfizer Investment Enterprises Pte. Ltd. | ||||||||
5.11%, 05/19/2043 | $ 3,998,000 | $ 3,913,472 | ||||||
Viatris, Inc. | ||||||||
2.30%, 06/22/2027 | 1,631,000 | 1,481,715 | ||||||
|
| |||||||
21,068,986 | ||||||||
|
| |||||||
Professional Services - 0.4% | ||||||||
Equifax, Inc. | ||||||||
2.60%, 12/01/2024 | 2,308,000 | 2,262,309 | ||||||
5.10%, 12/15/2027 | 3,203,000 | 3,203,484 | ||||||
Gartner, Inc. | ||||||||
4.50%, 07/01/2028 (A) | 3,427,000 | 3,264,837 | ||||||
|
| |||||||
8,730,630 | ||||||||
|
| |||||||
Residential REITs - 0.3% | ||||||||
American Homes 4 Rent LP | ||||||||
5.50%, 02/01/2034 (C) | 5,064,000 | 5,047,007 | ||||||
Invitation Homes Operating Partnership LP | ||||||||
4.15%, 04/15/2032 (C) | 2,201,000 | 2,015,362 | ||||||
|
| |||||||
7,062,369 | ||||||||
|
| |||||||
Semiconductors & Semiconductor Equipment - 1.6% | ||||||||
Advanced Micro Devices, Inc. | ||||||||
3.92%, 06/01/2032 | 4,546,000 | 4,278,748 | ||||||
Broadcom, Inc. | ||||||||
3.14%, 11/15/2035 (A) | 6,250,000 | 5,049,779 | ||||||
Foundry JV Holdco LLC | ||||||||
5.88%, 01/25/2034 (A) | 5,006,000 | 5,017,921 | ||||||
KLA Corp. | ||||||||
4.10%, 03/15/2029 | 3,433,000 | 3,351,439 | ||||||
Microchip Technology, Inc. | ||||||||
0.98%, 09/01/2024 | 3,341,000 | 3,273,195 | ||||||
5.05%, 03/15/2029 | 4,792,000 | 4,792,075 | ||||||
Micron Technology, Inc. | ||||||||
5.30%, 01/15/2031 | 5,154,000 | 5,188,848 | ||||||
QUALCOMM, Inc. | ||||||||
3.25%, 05/20/2050 | 1,961,000 | 1,450,987 | ||||||
TSMC Global Ltd. | ||||||||
1.38%, 09/28/2030 (A) | 7,302,000 | 5,917,604 | ||||||
|
| |||||||
38,320,596 | ||||||||
|
| |||||||
Software - 0.9% | ||||||||
Constellation Software, Inc. | ||||||||
5.16%, 02/16/2029 (A) | 1,506,000 | 1,505,198 | ||||||
Crowdstrike Holdings, Inc. | ||||||||
3.00%, 02/15/2029 | 1,311,000 | 1,162,564 | ||||||
Fiserv, Inc. | ||||||||
5.45%, 03/02/2028 | 3,837,000 | 3,882,810 | ||||||
Intuit, Inc. | ||||||||
5.50%, 09/15/2053 | 1,750,000 | 1,818,850 | ||||||
Oracle Corp. | ||||||||
3.65%, 03/25/2041 | 2,325,000 | 1,828,651 | ||||||
6.90%, 11/09/2052 | 4,675,000 | 5,376,692 | ||||||
Rackspace Technology Global, Inc. | ||||||||
3.50%, 02/15/2028 (A) | 2,875,000 | 993,780 | ||||||
Take-Two Interactive Software, Inc. | ||||||||
3.55%, 04/14/2025 | 5,047,000 | 4,951,447 | ||||||
|
| |||||||
21,519,992 | ||||||||
|
| |||||||
Specialized REITs - 0.9% | ||||||||
Extra Space Storage LP | ||||||||
5.90%, 01/15/2031 | 6,238,000 | 6,458,965 | ||||||
Iron Mountain, Inc. | ||||||||
5.25%, 03/15/2028 (A) | 5,956,000 | 5,763,060 |
Transamerica Series Trust | Page 7 |
Transamerica Aegon Bond VP
SCHEDULE OF INVESTMENTS (continued)
At March 31, 2024
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Specialized REITs (continued) | ||||||||
VICI Properties LP | ||||||||
4.95%, 02/15/2030 | $ 6,310,000 | $ 6,092,609 | ||||||
Weyerhaeuser Co. | ||||||||
4.00%, 04/15/2030 | 4,422,000 | 4,179,653 | ||||||
|
| |||||||
22,494,287 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals - 0.6% | ||||||||
Dell International LLC/EMC Corp. | ||||||||
5.30%, 10/01/2029 | 6,358,000 | 6,439,777 | ||||||
6.02%, 06/15/2026 | 1,630,000 | 1,651,209 | ||||||
NCR Voyix Corp. | ||||||||
5.00%, 10/01/2028 (A) | 1,582,000 | 1,473,553 | ||||||
5.13%, 04/15/2029 (A) | 2,386,000 | 2,212,834 | ||||||
5.25%, 10/01/2030 (A) | 2,379,000 | 2,152,324 | ||||||
|
| |||||||
13,929,697 | ||||||||
|
| |||||||
Tobacco - 0.5% | ||||||||
BAT Capital Corp. | ||||||||
6.42%, 08/02/2033 | 5,528,000 | 5,795,355 | ||||||
Philip Morris International, Inc. | ||||||||
4.25%, 11/10/2044 | 4,331,000 | 3,630,446 | ||||||
5.25%, 02/13/2034 | 3,776,000 | 3,746,082 | ||||||
|
| |||||||
13,171,883 | ||||||||
|
| |||||||
Wireless Telecommunication Services - 0.5% | ||||||||
Axian Telecom | ||||||||
7.38%, 02/16/2027 (A) | 728,000 | 703,787 | ||||||
T-Mobile USA, Inc. | ||||||||
3.50%, 04/15/2031 | 2,660,000 | 2,400,892 | ||||||
3.88%, 04/15/2030 | 1,949,000 | 1,825,430 | ||||||
5.15%, 04/15/2034 | 5,138,000 | 5,123,831 | ||||||
Vmed O2 UK Financing I PLC | ||||||||
4.75%, 07/15/2031 (A) | 2,825,000 | 2,436,202 | ||||||
|
| |||||||
12,490,142 | ||||||||
|
| |||||||
Total Corporate Debt Securities |
| 1,033,560,841 | ||||||
|
| |||||||
FOREIGN GOVERNMENT OBLIGATIONS - 0.5% | ||||||||
Colombia - 0.1% | ||||||||
Colombia Government International Bonds | ||||||||
3.13%, 04/15/2031 | 2,326,000 | 1,856,457 | ||||||
|
| |||||||
Cote d’Ivoire - 0.1% | ||||||||
Ivory Coast Government International Bonds | ||||||||
8.25%, 01/30/2037 (A) | 3,772,000 | 3,776,904 | ||||||
|
| |||||||
Dominican Republic - 0.2% | ||||||||
Dominican Republic International Bonds | ||||||||
4.88%, 09/23/2032 (A) | 1,489,000 | 1,332,993 | ||||||
5.50%, 01/27/2025 (E) | 2,640,000 | 2,620,202 | ||||||
|
| |||||||
3,953,195 | ||||||||
|
| |||||||
Uzbekistan - 0.1% | ||||||||
Republic of Uzbekistan International Bonds | ||||||||
3.90%, 10/19/2031 (A) | 2,745,000 | 2,261,397 | ||||||
|
| |||||||
Total Foreign Government Obligations |
| 11,847,953 | ||||||
|
|
Principal | Value | |||||||
LOAN ASSIGNMENT - 0.0% (F) | ||||||||
IT Services - 0.0% (F) | ||||||||
Rackspace Technology Global, Inc. | ||||||||
1st Lien Term Loan, | ||||||||
3-Month Term SOFR + 6.25%, | $ 439,827 | $ 435,429 | ||||||
|
| |||||||
Total Loan Assignment |
| 435,429 | ||||||
|
| |||||||
MORTGAGE-BACKED SECURITIES - 9.3% | ||||||||
1211 Avenue of the Americas Trust | ||||||||
Series 2015-1211, Class A1A1, | ||||||||
3.90%, 08/10/2035 (A) | 5,900,000 | 5,671,557 | ||||||
20 Times Square Trust | ||||||||
Series 2018-20TS, Class B, | ||||||||
3.10% (B), 05/15/2035 (A) | 5,148,000 | 4,442,872 | ||||||
Alternative Loan Trust | ||||||||
Series 2005-14, Class 2A1, | ||||||||
1-Month Term SOFR + 0.53%, | 75,633 | 67,287 | ||||||
BAMLL Commercial Mortgage Securities Trust | ||||||||
Series 2019-BPR, Class ANM, | ||||||||
3.11%, 11/05/2032 (A) | 2,700,000 | 2,433,450 | ||||||
Banc of America Funding Trust | ||||||||
Series 2005-D, Class A1, | ||||||||
5.16% (B), 05/25/2035 | 846,528 | 772,648 | ||||||
BBCMS Mortgage Trust | ||||||||
Series 2018-TALL, Class D, | ||||||||
1-Month Term SOFR + 1.65%, | 5,000,000 | 4,426,294 | ||||||
BRAVO Residential Funding Trust | ||||||||
Series 2024-NQM3, Class A1, | ||||||||
6.19% (B), 03/25/2064 (A) | 4,190,000 | 4,204,276 | ||||||
BX Commercial Mortgage Trust | ||||||||
Series 2020-VKNG, Class C, | ||||||||
1-Month Term SOFR + 1.51%, | 1,624,000 | 1,613,850 | ||||||
Citigroup Commercial Mortgage Trust | ||||||||
Series 2016-P5, Class AAB, | ||||||||
2.84%, 10/10/2049 | 3,094,359 | 3,014,250 | ||||||
COMM Mortgage Trust | ||||||||
Series 2016-787S, Class A, | ||||||||
3.55%, 02/10/2036 (A) | 5,000,000 | 4,721,249 | ||||||
CSMC Trust | ||||||||
Series 2020-RPL4, Class A1, | ||||||||
2.00% (B), 01/25/2060 (A) | 11,139,332 | 9,696,760 | ||||||
Series 2021-RPL3, Class A1, | ||||||||
2.00% (B), 01/25/2060 (A) | 5,472,922 | 4,712,538 | ||||||
DOLP Trust | ||||||||
Series 2021-NYC, Class A, | ||||||||
2.96%, 05/10/2041 (A) | 5,300,000 | 4,450,470 | ||||||
Extended Stay America Trust | ||||||||
Series 2021-ESH, Class A, | ||||||||
1-Month Term SOFR + 1.19%, | 5,028,407 | 5,026,827 | ||||||
Fontainebleau Miami Beach Trust | ||||||||
Series 2019-FBLU, Class A, | ||||||||
3.14%, 12/10/2036 (A) | 5,000,000 | 4,881,061 |
Transamerica Series Trust | Page 8 |
Transamerica Aegon Bond VP
SCHEDULE OF INVESTMENTS (continued)
At March 31, 2024
(unaudited)
Principal | Value | |||||||
MORTGAGE-BACKED SECURITIES (continued) | ||||||||
Fontainebleau Miami Beach Trust (continued) | ||||||||
Series 2019-FBLU, Class C, | ||||||||
3.75%, 12/10/2036 (A) | $ 2,800,000 | $ 2,731,758 | ||||||
Series 2019-FBLU, Class D, | ||||||||
3.96% (B), 12/10/2036 (A) | 1,500,000 | 1,462,774 | ||||||
GCAT Trust | ||||||||
Series 2024-NQM1, Class A1, | ||||||||
6.01% (B), 01/25/2059 (A) | 6,869,987 | 6,853,141 | ||||||
Great Wolf Trust | ||||||||
Series 2019-WOLF, Class C, | ||||||||
1-Month Term SOFR + 1.95%, | 5,373,529 | 5,363,454 | ||||||
GS Mortgage Securities Trust | ||||||||
Series 2016-GS3, Class AAB, | ||||||||
2.78%, 10/10/2049 | 1,756,471 | 1,709,454 | ||||||
HarborView Mortgage Loan Trust | ||||||||
Series 2006-7, Class 2A1A, | ||||||||
1-Month Term SOFR + 0.51%, | 108,952 | 94,854 | ||||||
JPMorgan Chase Commercial Mortgage Securities Trust | ||||||||
Series 2020-ACE, Class A, | ||||||||
3.29%, 01/10/2037 (A) | 7,500,000 | 7,307,984 | ||||||
MetLife Securitization Trust | ||||||||
Series 2017-1A, Class A, | ||||||||
3.00% (B), 04/25/2055 (A) | 1,440,754 | 1,346,696 | ||||||
MFA Trust | ||||||||
Series 2021-RPL1, Class A1, | ||||||||
1.13% (B), 07/25/2060 (A) | 4,486,615 | 3,950,289 | ||||||
Mill City Mortgage Loan Trust | ||||||||
Series 2019-1, Class A1, | ||||||||
3.25% (B), 10/25/2069 (A) | 847,695 | 811,090 | ||||||
Morgan Stanley Bank of America Merrill Lynch Trust | ||||||||
Series 2015-C20, Class ASB, | ||||||||
3.07%, 02/15/2048 | 426,829 | 423,671 | ||||||
Series 2015-C27, Class ASB, | ||||||||
3.56%, 12/15/2047 | 1,316,079 | 1,297,862 | ||||||
New Residential Mortgage Loan Trust | ||||||||
Series 2016-4A, Class A1, | ||||||||
3.75% (B), 11/25/2056 (A) | 3,037,451 | 2,820,061 | ||||||
Series 2018-RPL1, Class A1, | ||||||||
3.50% (B), 12/25/2057 (A) | 7,054,340 | 6,679,583 | ||||||
Series 2019-2A, Class A1, | ||||||||
4.25% (B), 12/25/2057 (A) | 5,398,529 | 5,174,633 | ||||||
Series 2019-4A, Class A1B, | ||||||||
3.50% (B), 12/25/2058 (A) | 6,497,136 | 5,967,994 | ||||||
Series 2019-5A, Class A1B, | ||||||||
3.50% (B), 08/25/2059 (A) | 2,923,237 | 2,708,214 | ||||||
Series 2019-6A, Class A1B, | ||||||||
3.50% (B), 09/25/2059 (A) | 2,402,453 | 2,226,159 | ||||||
Series 2019-RPL2, Class A1, | ||||||||
3.25% (B), 02/25/2059 (A) | 3,997,675 | 3,782,307 | ||||||
Series 2020-1A, Class A1B, | ||||||||
3.50% (B), 10/25/2059 (A) | 7,750,452 | 7,148,435 | ||||||
OBX Trust | ||||||||
Series 2023-NQM4, Class A1, | ||||||||
6.11% (B), 03/25/2063 (A) | 3,097,676 | 3,097,719 | ||||||
Series 2024-NQM4, Class A1, | ||||||||
6.07% (B), 01/25/2064 (A) | 5,038,960 | 5,042,002 | ||||||
Series 2024-NQM5, Class A1, | ||||||||
5.99% (B), 03/25/2028 (A) | 1,990,000 | 1,990,079 | ||||||
One New York Plaza Trust | ||||||||
Series 2020-1NYP, Class A, | ||||||||
1-Month Term SOFR + 1.06%, | 4,000,000 | 3,900,262 |
Principal | Value | |||||||
MORTGAGE-BACKED SECURITIES (continued) | ||||||||
Reperforming Loan Trust REMICS | ||||||||
Series 2006-R1, Class AF1, | ||||||||
1-Month Term SOFR + 0.45%, | $ 997,270 | $ 920,585 | ||||||
SFO Commercial Mortgage Trust | ||||||||
Series 2021-555, Class A, | ||||||||
1-Month Term SOFR + 1.26%, | 4,600,000 | 4,473,610 | ||||||
Towd Point Mortgage Trust | ||||||||
Series 2017-1, Class A1, | ||||||||
2.75% (B), 10/25/2056 (A) | 19,301 | 19,219 | ||||||
Series 2017-4, Class A1, | ||||||||
2.75% (B), 06/25/2057 (A) | 4,666,494 | 4,466,927 | ||||||
Series 2017-6, Class A1, | ||||||||
2.75% (B), 10/25/2057 (A) | 8,602,340 | 8,289,571 | ||||||
Series 2018-2, Class A1, | ||||||||
3.25% (B), 03/25/2058 (A) | 207,629 | 200,850 | ||||||
Series 2018-4, Class A1, | ||||||||
3.00% (B), 06/25/2058 (A) | 7,029,707 | 6,501,556 | ||||||
Series 2019-1, Class A1, | ||||||||
3.75% (B), 03/25/2058 (A) | 9,327,284 | 8,854,358 | ||||||
Series 2019-4, Class A1, | ||||||||
2.90% (B), 10/25/2059 (A) | 7,534,688 | 7,044,399 | ||||||
Series 2020-4, Class A1, | ||||||||
1.75%, 10/25/2060 (A) | 12,700,936 | 11,151,015 | ||||||
Series 2022-1, Class A1, | ||||||||
3.75% (B), 07/25/2062 (A) | 10,775,724 | 10,029,429 | ||||||
Series 2022-4, Class A1, | ||||||||
3.75%, 09/25/2062 (A) | 9,939,151 | 9,257,097 | ||||||
Series 2023-1, Class A1, | ||||||||
3.75%, 01/25/2063 (A) | 9,027,448 | 8,494,301 | ||||||
WaMu Mortgage Pass-Through Certificates Trust | ||||||||
Series 2005-AR13, Class A1A1, | ||||||||
1-Month Term SOFR + 0.69%, | 597,926 | 570,516 | ||||||
|
| |||||||
Total Mortgage-Backed Securities |
| 224,299,297 | ||||||
|
| |||||||
U.S. GOVERNMENT AGENCY OBLIGATIONS - 7.3% | ||||||||
Federal Home Loan Mortgage Corp. | ||||||||
3.00%, 04/01/2052 | 919,127 | 792,048 | ||||||
3.50%, 08/01/2049 | 635,113 | 577,727 | ||||||
5.00%, 08/01/2024 - 07/01/2025 | 6,458 | 6,451 | ||||||
1-Year RFUCC Treasury + 1.35%, | 13,565 | 13,707 | ||||||
1-Year RFUCC Treasury + 1.87%, | 57,142 | 57,042 | ||||||
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates | ||||||||
Series K049, Class A2, | ||||||||
3.01%, 07/25/2025 | 6,726,000 | 6,549,780 | ||||||
Federal National Mortgage Association | ||||||||
3.00%, 08/01/2049 - 05/01/2052 | 1,914,845 | 1,661,497 | ||||||
4.00%, 10/01/2047 - 02/01/2048 | 1,538,540 | 1,455,380 | ||||||
4.50%, 08/01/2052 | 8,961,464 | 8,541,374 | ||||||
5.00%, 01/01/2025 - 04/01/2053 | 26,728,979 | 26,130,997 | ||||||
6-Month RFUCC Treasury + 1.75%, | 39,643 | 39,433 | ||||||
5.50%, 03/01/2053 | 10,152,283 | 10,111,570 | ||||||
1-Year CMT + 1.81%, | 4,220 | 4,197 |
Transamerica Series Trust | Page 9 |
Transamerica Aegon Bond VP
SCHEDULE OF INVESTMENTS (continued)
At March 31, 2024
(unaudited)
Principal | Value | |||||||
U.S. GOVERNMENT AGENCY OBLIGATIONS (continued) | ||||||||
Federal National Mortgage Association (continued) |
| |||||||
1-Year RFUCC Treasury + 1.34%, | $ 654 | $ 648 | ||||||
1-Year CMT + 2.15%, | 1,969 | 1,966 | ||||||
1-Year CMT + 2.22%, | 1,669 | 1,661 | ||||||
12-MTA + 1.20%, | 23,535 | 23,448 | ||||||
1-Year CMT + 2.18%, | 1,040 | 1,033 | ||||||
6-Month RFUCC Treasury + 1.61%, | 4,566 | 4,574 | ||||||
Uniform Mortgage-Backed Security, TBA | ||||||||
2.00%, 04/01/2054 (G) | 70,366,000 | 55,737,481 | ||||||
2.50%, 04/01/2054 (G) | 23,889,000 | 19,769,146 | ||||||
5.50%, 04/01/2054 (G) | 45,900,000 | 45,704,118 | ||||||
|
| |||||||
Total U.S. Government Agency Obligations |
| 177,185,278 | ||||||
|
| |||||||
U.S. GOVERNMENT OBLIGATIONS - 26.9% | ||||||||
U.S. Treasury - 25.4% | ||||||||
U.S. Treasury Bonds | ||||||||
1.25%, 05/15/2050 | 49,857,200 | 25,557,658 | ||||||
2.00%, 02/15/2050 (H) | 29,988,000 | 18,820,984 | ||||||
2.25%, 05/15/2041 | 12,471,000 | 9,229,514 | ||||||
2.25%, 08/15/2046 (H) | 5,162,000 | 3,539,196 | ||||||
2.38%, 02/15/2042 | 86,806,300 | 64,670,694 | ||||||
2.75%, 08/15/2042 (H) | 38,111,000 | 29,954,353 | ||||||
2.88%, 05/15/2049 | 9,100,000 | 6,934,840 | ||||||
3.50%, 02/15/2039 | 37,159,000 | 34,187,731 | ||||||
3.63%, 05/15/2053 | 7,743,000 | 6,815,655 | ||||||
3.88%, 02/15/2043 - 05/15/2043 | 53,420,000 | 49,408,931 | ||||||
4.00%, 11/15/2052 | 5,449,000 | 5,132,490 | ||||||
4.13%, 08/15/2053 | 5,136,000 | 4,945,005 | ||||||
4.25%, 05/15/2039 (H) | 7,203,000 | 7,197,935 | ||||||
4.50%, 02/15/2044 | 33,221,000 | 33,449,394 | ||||||
4.75%, 11/15/2043 - 11/15/2053 | 5,720,000 | 6,022,707 | ||||||
U.S. Treasury Bonds, Principal Only STRIPS | ||||||||
Zero Coupon, 08/15/2052 | 82,601,000 | 24,776,519 | ||||||
U.S. Treasury Notes | ||||||||
0.63%, 05/15/2030 | 16,743,000 | 13,532,399 | ||||||
1.13%, 02/15/2031 | 20,747,400 | 17,026,646 | ||||||
1.25%, 08/15/2031 | 24,025,000 | 19,585,067 | ||||||
1.38%, 11/15/2031 | 38,352,000 | 31,352,760 | ||||||
1.50%, 02/15/2030 | 11,684,000 | 10,051,891 | ||||||
1.88%, 02/15/2032 | 14,309,500 | 12,095,999 | ||||||
2.75%, 08/15/2032 | 421,000 | 377,930 | ||||||
2.88%, 08/15/2028 - 05/15/2032 | 9,561,300 | 8,734,585 | ||||||
3.38%, 05/15/2033 | 19,612,300 | 18,389,596 | ||||||
3.50%, 02/15/2033 | 49,266,000 | 46,698,779 | ||||||
3.88%, 08/15/2033 | 9,554,000 | 9,309,179 | ||||||
4.00%, 01/31/2029 - 02/15/2034 | 8,823,000 | 8,701,313 | ||||||
4.13%, 11/15/2032 | 29,719,900 | 29,542,277 | ||||||
4.25%, 02/28/2031 | 56,224,000 | 56,364,560 | ||||||
4.38%, 08/31/2028 | 1,636,000 | 1,643,605 | ||||||
|
| |||||||
614,050,192 | ||||||||
|
|
Principal | Value | |||||||
U.S. GOVERNMENT OBLIGATIONS (continued) | ||||||||
U.S. Treasury Inflation-Protected Securities - 1.5% | ||||||||
U.S. Treasury Inflation-Protected Indexed Bonds | ||||||||
0.25%, 02/15/2050 | $ 35,732,035 | $ 22,626,351 | ||||||
U.S. Treasury Inflation-Protected Indexed Notes | ||||||||
0.13%, 07/15/2030 | 14,326,390 | 12,921,424 | ||||||
|
| |||||||
35,547,775 | ||||||||
|
| |||||||
Total U.S. Government Obligations |
| 649,597,967 | ||||||
|
| |||||||
COMMERCIAL PAPER - 1.4% | ||||||||
Financial Services - 0.8% | ||||||||
Britannia Funding Co. LLC | ||||||||
5.50% (I), 09/06/2024 (A) | 5,272,000 | 5,145,124 | ||||||
Liberty Street Funding LLC | ||||||||
5.89% (I), 05/01/2024 (A) | 13,500,000 | 13,431,532 | ||||||
|
| |||||||
18,576,656 | ||||||||
|
| |||||||
Pharmaceuticals - 0.6% | ||||||||
Pfizer, Inc. | ||||||||
5.59% (I), 06/04/2024 (A) | 16,112,000 | 15,949,565 | ||||||
|
| |||||||
Total Commercial Paper |
| 34,526,221 | ||||||
|
| |||||||
SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 3.9% | ||||||||
U.S. Treasury Bills | ||||||||
5.34% (I), 05/02/2024 | 15,536,000 | 15,465,369 | ||||||
5.36% (I), 05/30/2024 - 06/20/2024 | 31,665,999 | 31,321,162 | ||||||
5.38% (I), 06/13/2024 | 31,664,000 | 31,329,126 | ||||||
5.39% (I), 06/13/2024 | 15,832,000 | 15,664,563 | ||||||
|
| |||||||
Total Short-Term U.S. Government Obligations |
| 93,780,220 | ||||||
|
| |||||||
Shares | Value | |||||||
OTHER INVESTMENT COMPANY - 0.6% | ||||||||
Securities Lending Collateral - 0.6% | ||||||||
State Street Navigator Securities Lending Trust - Government Money Market Portfolio, 5.29% (I) | 14,800,343 | 14,800,343 | ||||||
|
| |||||||
Total Other Investment Company |
| 14,800,343 | ||||||
|
| |||||||
Principal | Value | |||||||
REPURCHASE AGREEMENT - 0.3% | ||||||||
Fixed Income Clearing Corp., 2.50% (I), dated 03/28/2024, to be repurchased at $7,622,381 on 04/01/2024. Collateralized by a U.S. Government Obligation, 4.25%, due 12/31/2025, and with a value of $7,772,715. | $ 7,620,265 | 7,620,265 | ||||||
|
| |||||||
Total Repurchase Agreement |
| 7,620,265 | ||||||
|
| |||||||
Total Investments |
| 2,518,172,864 | ||||||
Net Other Assets (Liabilities) - (4.2)% |
| (101,983,734 | ) | |||||
|
| |||||||
Net Assets - 100.0% | $ 2,416,189,130 | |||||||
|
|
Transamerica Series Trust | Page 10 |
Transamerica Aegon Bond VP
SCHEDULE OF INVESTMENTS (continued)
At March 31, 2024
(unaudited)
INVESTMENT VALUATION:
Valuation Inputs (J)
Level 1 - Unadjusted Quoted Prices | Level 2 - Other Significant Observable Inputs | Level 3 - Significant Unobservable Inputs | Value | |||||||||||||
ASSETS |
| |||||||||||||||
Investments |
| |||||||||||||||
Asset-Backed Securities | $ | — | $ | 270,519,050 | $ | — | $ | 270,519,050 | ||||||||
Corporate Debt Securities | — | 1,033,560,841 | — | 1,033,560,841 | ||||||||||||
Foreign Government Obligations | — | 11,847,953 | — | 11,847,953 | ||||||||||||
Loan Assignment | — | 435,429 | — | 435,429 | ||||||||||||
Mortgage-Backed Securities | — | 224,299,297 | — | 224,299,297 | ||||||||||||
U.S. Government Agency Obligations | — | 177,185,278 | — | 177,185,278 | ||||||||||||
U.S. Government Obligations | — | 649,597,967 | — | 649,597,967 | ||||||||||||
Commercial Paper | — | 34,526,221 | — | 34,526,221 | ||||||||||||
Short-Term U.S. Government Obligations | — | 93,780,220 | — | 93,780,220 | ||||||||||||
Other Investment Company | 14,800,343 | — | — | 14,800,343 | ||||||||||||
Repurchase Agreement | — | 7,620,265 | — | 7,620,265 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | $ | 14,800,343 | $ | 2,503,372,521 | $ | — | $ | 2,518,172,864 | ||||||||
|
|
|
|
|
|
|
|
FOOTNOTES TO SCHEDULE OF INVESTMENTS:
(A) | Securities are exempt from registration pursuant to Rule 144A of the Securities Act of 1933. Securities may be resold as transactions exempt from registration, normally to qualified institutional buyers. At March 31, 2024, the total value of 144A securities is $892,299,382, representing 36.9% of the Portfolio’s net assets. | |
(B) | Floating or variable rate securities. The rates disclosed are as of March 31, 2024. For securities based on a published reference rate and spread, the reference rate and spread are indicated within the description. Variable rate securities with a floor or ceiling feature are disclosed at the inherent rate, where applicable. Certain variable rate securities are not based on a published reference rate and spread, but are determined by the issuer or agent and are based on current market conditions; these securities do not indicate a reference rate and spread in the description. | |
(C) | All or a portion of the securities are on loan. The total value of all securities on loan is $22,175,107, collateralized by cash collateral of $14,800,343 and non-cash collateral, such as U.S. government securities and irrevocable letters of credit, of $7,840,155. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers. | |
(D) | Perpetual maturity. The date displayed is the next call date. | |
(E) | Securities are exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. Securities may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. At March 31, 2024, the total value of Regulation S securities is $16,867,604, representing 0.7% of the Portfolio’s net assets. | |
(F) | Percentage rounds to less than 0.1% or (0.1)%. | |
(G) | When-issued, delayed-delivery and/or forward commitment (including TBAs) securities. Securities to be settled and delivered after March 31, 2024. Securities may display a coupon rate of 0.00%, as the rate is to be determined at time of settlement. | |
(H) | Securities are subject to sale-buyback transactions. The average amount of sale-buybacks outstanding during the period ended March 31, 2024 was $0 at a weighted average interest rate of 0.00%. | |
(I) | Rates disclosed reflect the yields at March 31, 2024. | |
(J) | There were no transfers in or out of Level 3 during the period ended March 31, 2024. Please reference the Investment Valuation section of the Notes to Schedule of Investments for more information regarding investment valuation and pricing inputs. |
PORTFOLIO ABBREVIATIONS:
CMT | Constant Maturity Treasury | |
MTA | Month Treasury Average | |
REIT | Real Estate Investment Trust | |
RFUCC | Refinitiv USD IBOR Consumer Cash Fallbacks | |
SOFR | Secured Overnight Financing Rate | |
STRIPS | Separate Trading of Registered Interest and Principal of Securities | |
TBA | To Be Announced |
Transamerica Series Trust | Page 11 |
Transamerica Aegon Bond VP
NOTES TO SCHEDULE OF INVESTMENTS
At March 31, 2024
(unaudited)
INVESTMENT VALUATION
Transamerica Aegon Bond VP (the “Portfolio”) is a series of the Transamerica Series Trust.
Transamerica Asset Management, Inc. (“TAM”) has been designated as the Portfolio’s valuation designee pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended, with responsibility for fair valuation subject to oversight by the Portfolio’s Board of Trustees. The net asset value of the Portfolio is computed as of the official close of the New York Stock Exchange (“NYSE”) each day the NYSE is open for business.
TAM utilizes various methods to measure the fair value of its investments on a recurring basis. Generally Accepted Accounting Principles in the United States of America establishes a hierarchy that prioritizes inputs to valuation methods. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three levels (“Levels”) of inputs of the fair value hierarchy are defined as follows:
Level 1 — Unadjusted quoted prices in active markets for identical securities.
Level 2 — Inputs, other than quoted prices included in Level 1, which are observable, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates, and similar data.
Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include TAM’s own assumptions used in determining the fair value of the Portfolio’s investments.
The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. Certain investments that are measured at fair value using Net Asset Value (“NAV”) per share, or its equivalent, using the “practical expedient” have not been classified in the fair value Levels. The hierarchy classification of inputs used to value the Portfolio’s investments at March 31, 2024, is disclosed within the Investment Valuation section of the Schedule of Investments.
The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, but not limited to, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is generally greatest for instruments categorized in Level 3. Due to the inherent uncertainty of valuation, the determination of values may differ significantly from values that would have been realized had a ready market for investments existed, and the differences could be material.
Fair value measurements: Descriptions of the valuation techniques applied to the Portfolio’s significant categories of assets and liabilities measured at fair value on a recurring basis are as follows:
Asset-backed securities: The fair value of asset-backed securities is estimated based on models that consider the estimated cash flows of each tranche of the entity, establish a benchmark yield, and develop an estimated tranche specific spread to the benchmark yield based on the unique attributes of the tranche. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.
Corporate debt securities: The fair value of corporate debt securities is estimated using various techniques, which consider recently executed transactions in securities of the issuer or comparable issuers, market price quotations (where observable), bond spreads, fundamental data relating to the issuer, and credit default swap spreads adjusted for any basis difference between cash and derivative instruments. While most corporate debt securities are categorized in Level 2 of the fair value hierarchy, in instances where lower relative weight is placed on transaction prices, quotations, or similar observable inputs, they are categorized in Level 3.
Foreign government obligations: Foreign government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. Foreign government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.
Loan assignments: Loan assignments are normally valued using an income approach, which projects future cash flows and converts those future cash flows to a present value using a discount rate. The resulting present value reflects the likely fair value of the loan. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise are categorized in Level 3.
Transamerica Series Trust | Page 12 |
Transamerica Aegon Bond VP
NOTES TO SCHEDULE OF INVESTMENTS (continued)
At March 31, 2024
(unaudited)
Mortgage-backed securities: The fair value of mortgage-backed securities is estimated based on models that consider issuer type, coupon, cash flows, mortgage prepayment projection tables and adjustable rate mortgage evaluations that incorporate index data, periodic life caps and the next coupon reset date. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they are categorized in Level 3.
U.S. government agency obligations: U.S. government agency obligations are comprised of two main categories consisting of agency issued debt and mortgage pass-throughs. Generally, agency issued debt securities are valued in a manner similar to U.S. government obligations. Mortgage pass-throughs include to be announced (“TBA”) securities and mortgage pass-through certificates. Generally, TBA securities and mortgage pass-throughs are valued using dealer quotations. Depending on market activity levels and whether quotations or other observable data are used, these securities are typically categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.
U.S. government obligations: U.S. government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. U.S. government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.
Commercial paper: Commercial paper is valued using amortized cost, which approximates fair value. The values are generally categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.
Short-term notes: The Portfolio normally values short-term government and U.S. government agency securities using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers and reference data. Certain securities are valued by principally using dealer quotations. Short-term government and U.S. government agency securities generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.
Securities lending collateral: Securities lending collateral is invested in a money market fund which is valued at the actively traded NAV and no valuation adjustments are applied. Securities lending collateral is categorized in Level 1 of the fair value hierarchy.
Repurchase agreements: Repurchase agreements are valued at cost, which approximates fair value. To the extent the inputs are observable and timely, the values are generally categorized in Level 2 of the fair value hierarchy.
Transamerica Series Trust | Page 13 |