(17)(2)(iv) Annual Report to Shareholders for the year ended October 31, 2010
Table of Contents
October 31, 2010
P.O. Box 9012 • Clearwater, FL 33758-9012
Distributor: Transamerica Capital, Inc.
Table of Contents
John K. Carter | Christopher A. Staples | |
Chairman of the Board, | Vice President & Chief Investment Officer | |
President & Chief Executive Officer | Transamerica Funds | |
Transamerica Funds |
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Transamerica Funds | Annual Report 2010 |
Page 1
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Michael Stout, CFA
Dan McNeela, CFA
Hal Ratner
Morningstar Associates, LLC
Transamerica Funds | Annual Report 2010 |
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10 Years or | ||||||||||||||||
1 Year | 5 Years | Life of Portfolio | Inception Date | |||||||||||||
Class A (NAV) | 11.59 | % | 4.96 | % | 5.63 | % | 03/01/2002 | |||||||||
Class A (POP) | 5.42 | % | 3.78 | % | 4.95 | % | 03/01/2002 | |||||||||
Barclays Capital U.S. Aggregate Bond* | 8.01 | % | 6.45 | % | 5.75 | % | 03/01/2002 | |||||||||
Wilshire 5000* | 19.41 | % | 2.59 | % | 4.02 | % | 03/01/2002 | |||||||||
Class B (NAV) | 10.82 | % | 4.28 | % | 4.99 | % | 03/01/2002 | |||||||||
Class B (POP) | 5.82 | % | 4.11 | % | 4.99 | % | 03/01/2002 | |||||||||
Class C (NAV) | 10.92 | % | 4.34 | % | 6.54 | % | 11/11/2002 | |||||||||
Class C (POP) | 9.92 | % | 4.34 | % | 6.54 | % | 11/11/2002 | |||||||||
Class I (NAV) | N/A | N/A | 9.39 | % | 11/30/2009 | |||||||||||
Class R (NAV) | 11.23 | % | N/A | 4.48 | % | 06/15/2006 | ||||||||||
* | The Barclays Capital U.S. Aggregate Bond Index (“Barclays Capital U.S. Aggregate Bond”) and the Wilshire 5000 Total Market Index (“Wilshire 5000”) are unmanaged indices used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Portfolio calculation is based on the inception date of the Class A shares. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
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Transamerica Funds | Annual Report 2010 |
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Michael Stout, CFA
Dan McNeela, CFA
Hal Ratner
Morningstar Associates, LLC
Transamerica Funds | Annual Report 2010 |
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10 Years or | ||||||||||||||||
1 Year | 5 Years | Life of Portfolio | Inception Date | |||||||||||||
Class A (NAV) | 15.55 | % | 2.05 | % | 3.52 | % | 03/01/2002 | |||||||||
Class A (POP) | 9.17 | % | 0.90 | % | 2.85 | % | 03/01/2002 | |||||||||
Wilshire 5000* | 19.41 | % | 2.59 | % | 4.02 | % | 03/01/2002 | |||||||||
Class B (NAV) | 14.65 | % | 1.35 | % | 2.89 | % | 03/01/2002 | |||||||||
Class B (POP) | 9.65 | % | 1.17 | % | 2.89 | % | 03/01/2002 | |||||||||
Class C (NAV) | 14.86 | % | 1.42 | % | 6.30 | % | 11/11/2002 | |||||||||
Class C (POP) | 13.86 | % | 1.42 | % | 6.30 | % | 11/11/2002 | |||||||||
Class I (NAV) | N/A | N/A | 11.57 | % | 11/30/2009 | |||||||||||
Class R (NAV) | 15.35 | % | N/A | 0.64 | % | 06/15/2006 | ||||||||||
* | The Wilshire 5000 Total Market Index (“Wilshire 5000”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Portfolio calculation is based on the inception date of the Class A shares. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
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Transamerica Funds | Annual Report 2010 |
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Michael Stout, CFA
Dan McNeela, CFA
Hal Ratner
Morningstar Associates, LLC
Transamerica Funds | Annual Report 2010 |
Page 8
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10 Years or | ||||||||||||||||
1 Year | 5 Years | Life of Portfolio | Inception Date | |||||||||||||
Class A (NAV) | 14.35 | % | 3.60 | % | 4.53 | % | 03/01/2002 | |||||||||
Class A (POP) | 8.10 | % | 2.43 | % | 3.86 | % | 03/01/2002 | |||||||||
Wilshire 5000* | 19.41 | % | 2.59 | % | 4.02 | % | 03/01/2002 | |||||||||
Barclays Capital U.S. Aggregate Bond* | 8.01 | % | 6.45 | % | 5.75 | % | 03/01/2002 | |||||||||
Class B (NAV) | 13.57 | % | 2.89 | % | 3.89 | % | 03/01/2002 | |||||||||
Class B (POP) | 8.57 | % | 2.71 | % | 3.89 | % | 03/01/2002 | |||||||||
Class C (NAV) | 13.58 | % | 2.94 | % | 6.67 | % | 11/11/2002 | |||||||||
Class C (POP) | 12.58 | % | 2.94 | % | 6.67 | % | 11/11/2002 | |||||||||
Class I (NAV) | N/A | N/A | 11.07 | % | 11/30/2009 | |||||||||||
Class R (NAV) | 14.08 | % | N/A | 2.48 | % | 06/15/2006 | ||||||||||
* | The Wilshire 5000 Total Market Index (“Wilshire 5000”) and the Barclays Capital U.S. Aggregate Bond Index (“Barclays Capital U.S. Aggregate Bond”) are unmanaged indices used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of portfolio calculation is based on the inception date of the Class A shares. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
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Transamerica Funds | Annual Report 2010 |
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Michael Stout, CFA
Dan McNeela, CFA
Hal Ratner
Morningstar Associates, LLC
Transamerica Funds | Annual Report 2010 |
Page 11
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10 Years or | ||||||||||||||||
1 Year | 5 Years | Life of Portfolio | Inception Date | |||||||||||||
Class A (NAV) | 12.95 | % | 4.51 | % | 5.22 | % | 03/01/2002 | |||||||||
Class A (POP) | 6.72 | % | 3.33 | % | 4.54 | % | 03/01/2002 | |||||||||
Wilshire 5000* | 19.41 | % | 2.59 | % | 4.02 | % | 03/01/2002 | |||||||||
Barclays Capital U.S. Aggregate Bond* | 8.01 | % | 6.45 | % | 5.75 | % | 03/01/2002 | |||||||||
Class B (NAV) | 12.13 | % | 3.80 | % | 4.59 | % | 03/01/2002 | |||||||||
Class B (POP) | 7.13 | % | 3.63 | % | 4.59 | % | 03/01/2002 | |||||||||
Class C (NAV) | 12.22 | % | 3.85 | % | 6.80 | % | 11/11/2002 | |||||||||
Class C (POP) | 11.22 | % | 3.85 | % | 6.80 | % | 11/11/2002 | |||||||||
Class I (NAV) | N/A | N/A | 10.27 | % | 11/30/2009 | |||||||||||
Class R (NAV) | 12.60 | % | N/A | 3.73 | % | 06/15/2006 | ||||||||||
* | The Wilshire 5000 Total Market Index (“Wilshire 5000”) and the Barclays Capital U.S. Aggregate Bond Index (“Barclays Capital U.S. Aggregate Bond”) are unmanaged indices used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Portfolio calculation is based on the inception date of the Class A shares. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
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Transamerica Funds | Annual Report 2010 |
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Michael Stout, CFA
Dan McNeela, CFA
Hal Ratner
Morningstar Associates, LLC
Transamerica Funds | Annual Report 2010 |
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10 Years or | ||||||||||||
1 Year | Life of Portfolio | Inception Date | ||||||||||
Class A (NAV) | 7.83 | % | 1.90 | % | 12/28/2006 | |||||||
Class A (POP) | 1.94 | % | 0.42 | % | 12/28/2006 | |||||||
BofA Merrill Lynch 3-Month Treasury Bill * | 3.16 | % | 5.01 | % | 12/28/2006 | |||||||
Class C (NAV) | 7.12 | % | 1.25 | % | 12/28/2006 | |||||||
Class C (POP) | 6.12 | % | 1.25 | % | 12/28/2006 | |||||||
Class I (NAV) | N/A | 6.90 | % | 11/30/2009 | ||||||||
* | The Bank of America Merrill Lynch 3-Month Treasury Bill + 3% Wrap Index (“BofA Merrill Lynch 3-Month Treasury Bill”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Portfolio calculation is based on the inception date of the Class A shares. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
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Michael Stout, CFA
Dan McNeela, CFA
Hal Ratner
Morningstar Associates, LLC
Transamerica Funds | Annual Report 2010 |
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10 Years or | ||||||||||||
1 Year | Life of Portfolio | Inception Date | ||||||||||
Class A (NAV) | 16.80 | % | 1.99 | % | 03/01/2006 | |||||||
Class A (POP) | 10.34 | % | 0.76 | % | 03/01/2006 | |||||||
MSCI World ex-US* | 10.10 | % | 1.75 | % | 03/01/2006 | |||||||
Class B (NAV) | 15.95 | % | 1.26 | % | 03/01/2006 | |||||||
Class B (POP) | 10.95 | % | 1.06 | % | 03/01/2006 | |||||||
Class C (NAV) | 16.10 | % | 1.31 | % | 03/01/2006 | |||||||
Class C (POP) | 15.10 | % | 1.31 | % | 03/01/2006 | |||||||
Class I (NAV) | N/A | 13.41 | % | 11/30/2009 | ||||||||
* | The Morgan Stanley Capital International World ex-U.S. Index (“MSCI World ex-US”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Portfolio calculation is based on the inception date of the Class A shares. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
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Actual Expenses | Hypothetical Expenses (b) | |||||||||||||||||||||||
Beginning | Ending Account | Expenses Paid | Ending Account | Expenses Paid | Annualized | |||||||||||||||||||
Portfolio Name | Account Value | Value | During Period (a) | Value | During Period (a) | Expense Ratio (c) | ||||||||||||||||||
Transamerica Asset Allocation — Conservative Portfolio | ||||||||||||||||||||||||
Class A | $ | 1,000.00 | $ | 1,038.20 | $ | 3.29 | $ | 1,021.98 | $ | 3.26 | 0.64 | % | ||||||||||||
Class B | 1,000.00 | 1,034.00 | 6.51 | 1,018.80 | 6.46 | 1.27 | ||||||||||||||||||
Class C | 1,000.00 | 1,035.40 | 6.26 | 1,019.06 | 6.21 | 1.22 | ||||||||||||||||||
Class I | 1,000.00 | 1,039.90 | 1.44 | 1,023.79 | 1.43 | 0.28 | ||||||||||||||||||
Class R | 1,000.00 | 1,037.10 | 4.26 | 1,021.02 | 4.23 | 0.83 | ||||||||||||||||||
Transamerica Asset Allocation — Growth Portfolio | ||||||||||||||||||||||||
Class A | 1,000.00 | 1,025.30 | 3.52 | 1,021.73 | 3.52 | 0.69 | ||||||||||||||||||
Class B | 1,000.00 | 1,021.20 | 6.98 | 1,018.30 | 6.97 | 1.37 | ||||||||||||||||||
Class C | 1,000.00 | 1,022.10 | 6.57 | 1,018.70 | 6.56 | 1.29 | ||||||||||||||||||
Class I | 1,000.00 | 1,027.00 | 1.53 | 1,023.69 | 1.53 | 0.30 | ||||||||||||||||||
Class R | 1,000.00 | 1,024.50 | 3.98 | 1,021.27 | 3.97 | 0.78 | ||||||||||||||||||
Transamerica Asset Allocation — Moderate Growth Portfolio | ||||||||||||||||||||||||
Class A | 1,000.00 | 1,034.80 | 3.23 | 1,022.03 | 3.21 | 0.63 | ||||||||||||||||||
Class B | 1,000.00 | 1,031.30 | 6.71 | 1,018.60 | 6.67 | 1.31 | ||||||||||||||||||
Class C | 1,000.00 | 1,031.40 | 6.40 | 1,018.90 | 6.36 | 1.25 | ||||||||||||||||||
Class I | 1,000.00 | 1,036.60 | 1.49 | 1,023.74 | 1.48 | 0.29 | ||||||||||||||||||
Class R | 1,000.00 | 1,033.20 | 3.95 | 1,021.32 | 3.92 | 0.77 | ||||||||||||||||||
Transamerica Asset Allocation — Moderate Portfolio | ||||||||||||||||||||||||
Class A | 1,000.00 | 1,037.60 | 3.13 | 1,022.13 | 3.11 | 0.61 | ||||||||||||||||||
Class B | 1,000.00 | 1,034.00 | 6.56 | 1,018.75 | 6.51 | 1.28 | ||||||||||||||||||
Class C | 1,000.00 | 1,034.20 | 6.31 | 1,019.00 | 6.26 | 1.23 | ||||||||||||||||||
Class I | 1,000.00 | 1,039.40 | 1.44 | 1,023.79 | 1.43 | 0.28 | ||||||||||||||||||
Class R | 1,000.00 | 1,036.90 | 4.00 | 1,021.27 | 3.97 | 0.78 |
Transamerica Funds | Annual Report 2010 |
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Actual Expenses | Hypothetical Expenses (b) | |||||||||||||||||||||||
Beginning | Ending Account | Expenses Paid | Ending Account | Expenses Paid | Annualized | |||||||||||||||||||
Portfolio Name | Account Value | Value | During Period (a) | Value | During Period (a) | Expense Ratio (c) | ||||||||||||||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | ||||||||||||||||||||||||
Class A | $ | 1,000.00 | $ | 1,029.40 | $ | 4.25 | $ | 1,021.02 | $ | 4.23 | 0.83 | % | ||||||||||||
Class C | 1,000.00 | 1,025.30 | 7.50 | 1,017.80 | 7.48 | 1.47 | ||||||||||||||||||
Class I | 1,000.00 | 1,031.40 | 2.56 | 1,022.68 | 2.55 | 0.50 | ||||||||||||||||||
Transamerica Multi-Manager International Portfolio | ||||||||||||||||||||||||
Class A | 1,000.00 | 1,088.50 | 3.84 | 1,021.53 | 3.72 | 0.73 | ||||||||||||||||||
Class B | 1,000.00 | 1,083.40 | 7.61 | 1,017.90 | 7.37 | 1.45 | ||||||||||||||||||
Class C | 1,000.00 | 1,084.50 | 7.20 | 1,018.30 | 6.97 | 1.37 | ||||||||||||||||||
Class I | 1,000.00 | 1,090.70 | 1.79 | 1,023.49 | 1.73 | 0.34 |
(a) | Expenses are calculated using the portfolios’ annualized expense ratios (as disclosed in the table), multiplied by the average account values for the period, multiplied by the number of days in the period (184 days), and divided by the number of days in the year (365 days). | |
(b) | 5% return per year before expenses. | |
(c) | Expense ratios do not include expenses of the investment companies in which the portfolios invest. |
Transamerica Funds | Annual Report 2010 |
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(the following charts summarize the Schedules of Investments of the portfolios by asset type)
(unaudited)
Transamerica Asset Allocation - Conservative Portfolio | ||||
Bonds | 42.8 | % | ||
U.S. Stocks | 25.5 | |||
Tactical and Specialty | 16.8 | |||
Inflation-Protected Securities | 7.9 | |||
Global/International Stocks | 6.5 | |||
Capital Preservation | 0.5 | |||
Other Assets and Liabilities — Net | 0.0 | * | ||
Total | 100.0 | % | ||
Transamerica Asset Allocation - Growth Portfolio | ||||
U.S. Stocks | 65.3 | % | ||
Global/International Stocks | 21.9 | |||
Tactical and Specialty | 12.9 | |||
Capital Preservation | 0.0 | * | ||
Other Assets and Liabilities — Net | (0.1 | ) | ||
Total | 100.0 | % | ||
Transamerica Asset Allocation - Moderate Growth Portfolio | ||||
U.S. Stocks | 46.4 | % | ||
Bonds | 18.6 | |||
Global/International Stocks | 16.5 | |||
Tactical and Specialty | 16.1 | |||
Inflation-Protected Securities | 2.4 | |||
Capital Preservation | 0.1 | |||
Other Assets and Liabilities — Net | (0.1 | ) | ||
Total | 100.0 | % | ||
Transamerica Asset Allocation - Moderate Portfolio | ||||
U.S. Stocks | 34.8 | % | ||
Bonds | 31.1 | |||
Tactical and Specialty | 18.1 | |||
Global/International Stocks | 9.9 | |||
Inflation-Protected Securities | 5.9 | |||
Capital Preservation | 0.2 | |||
Other Assets and Liabilities — Net | (0.0) | * | ||
Total | 100.0 | % | ||
Transamerica Multi-Manager Alternative Strategies Portfolio | ||||
Tactical and Specialty | 90.6 | % | ||
Global/International Stocks | 5.4 | |||
Inflation-Protected Securities | 1.9 | |||
Capital Preservation | 1.8 | |||
U.S. Stock | 0.1 | |||
Other Assets and Liabilities — Net | 0.2 | |||
Total | 100.0 | % | ||
Transamerica Multi-Manager International Portfolio | ||||
Global/International Stocks | 89.7 | % | ||
Tactical and Specialty | 10.4 | |||
Other Assets and Liabilities — Net | (0.1 | ) | ||
Total | 100.0 | % | ||
* | Amount rounds to less than 0.1% or (0.1%). |
Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
INVESTMENT COMPANIES - 100.0% € | ||||||||
Bonds - 42.8% | ||||||||
Transamerica AEGON High Yield Bond | 7,611,958 | $ | 70,182 | |||||
Transamerica Flexible Income | 1,932,020 | 17,446 | ||||||
Transamerica JPMorgan Core Bond | 7,768,447 | 82,035 | ||||||
Transamerica JPMorgan International Bond | 1,345,090 | 16,249 | ||||||
Transamerica Morgan Stanley Emerging Markets Debt | 2,992,873 | 33,790 | ||||||
Transamerica PIMCO Total Return | 17,623,370 | 190,155 | ||||||
Transamerica Short-Term Bond | 10,520,633 | 108,783 | ||||||
Capital Preservation - 0.5% | ||||||||
Transamerica Money Market | 5,739,596 | 5,740 | ||||||
Global/International Stocks - 6.5% | ||||||||
Transamerica AllianceBernstein International Value | 541,157 | 4,367 | ||||||
Transamerica MFS International Equity | 1,435,797 | 13,080 | ||||||
Transamerica Neuberger Berman International | 1,255,142 | 11,221 | ||||||
Transamerica Oppenheimer Developing Markets | 864,050 | 11,518 | ||||||
Transamerica Schroders International Small Cap | 1,719,761 | 16,613 | ||||||
Transamerica Thornburg International Value | 1,603,771 | 17,834 | ||||||
Transamerica WMC Emerging Markets | 346,500 | 4,948 | ||||||
Inflation-Protected Securities - 7.9% | ||||||||
Transamerica PIMCO Real Return TIPS | 8,301,259 | 96,295 | ||||||
Tactical and Specialty - 16.8% | ||||||||
Transamerica AQR Managed Futures Strategy ‡ | 2,706,730 | 27,338 | ||||||
Transamerica BlackRock Global Allocation | 1,978,608 | 21,587 | ||||||
Transamerica BNY Mellon Market Neutral Strategy ‡ | 1,255,612 | 10,447 | ||||||
Transamerica Clarion Global Real Estate Securities | 1,202,290 | 14,764 | ||||||
Transamerica Federated Market Opportunity | 1,263,064 | 11,027 | ||||||
Transamerica First Quadrant Global Macro ‡ | 1,775,230 | 10,864 | ||||||
Transamerica Goldman Sachs Commodity Strategy | 1,141,635 | 12,832 | ||||||
Transamerica Loomis Sayles Bond | 8,544,677 | 95,187 | ||||||
U.S. Stocks - 25.5% | ||||||||
Transamerica BlackRock Large Cap Value | 7,633,183 | 63,661 | ||||||
Transamerica Diversified Equity | 2,260,835 | 32,511 | ||||||
Transamerica Growth Opportunities ‡ | 1,039,587 | 10,635 | ||||||
Transamerica Jennison Growth | 5,437,479 | 64,054 | ||||||
Transamerica JPMorgan Mid Cap Value | 1,073,606 | 10,919 | ||||||
Transamerica Morgan Stanley Mid-Cap Growth | 875,933 | 11,448 | ||||||
Transamerica Morgan Stanley Small Company Growth ‡ | 740,097 | 8,097 | ||||||
Transamerica Oppenheimer Small- & Mid- Cap Value | 1,103,912 | 10,299 | ||||||
Transamerica Third Avenue Value | 915,865 | 19,746 | ||||||
Transamerica UBS Large Cap Value | 4,773,030 | 43,816 | ||||||
Transamerica WMC Diversified Growth | 3,867,680 | 35,196 | ||||||
Total Investment Companies (cost $1,118,200) # | 1,214,684 | |||||||
Other Assets and Liabilities - Net | 591 | |||||||
Net Assets | $ | 1,215,275 | ||||||
NOTES TO SCHEDULE OF INVESTMENTS: | ||
€ | The portfolio invests its assets in the I2 share class of the affiliated Transamerica Funds. | |
‡ | Non-income producing security. | |
# | Aggregate cost for federal income tax purposes is $1,123,249. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $105,291 and $13,856, respectively. Net unrealized appreciation for tax purposes is $91,435. |
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investment Companies | $ | 1,214,684 | $ | — | $ | — | $ | 1,214,684 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
INVESTMENT COMPANIES - 100.1% € | ||||||||
Capital Preservation - 0.0% ∞ | ||||||||
Transamerica Money Market | 60,228 | $ | 60 | |||||
Global/International Stocks - 21.9% | ||||||||
Transamerica AllianceBernstein International Value | 4,142,851 | 33,433 | ||||||
Transamerica MFS International Equity | 3,457,805 | 31,501 | ||||||
Transamerica Neuberger Berman International | 8,140,946 | 72,780 | ||||||
Transamerica Oppenheimer Developing Markets | 6,381,033 | 85,059 | ||||||
Transamerica Schroders International Small Cap | 7,068,232 | 68,279 | ||||||
Transamerica Thornburg International Value | 5,030,210 | 55,936 | ||||||
Transamerica WMC Emerging Markets | 559,322 | 7,987 | ||||||
Tactical and Specialty - 12.9% | ||||||||
Transamerica AQR Managed Futures Strategy ‡ | 3,952,454 | 39,920 | ||||||
Transamerica BlackRock Global Allocation | 4,376,969 | 47,752 | ||||||
Transamerica BNY Mellon Market Neutral Strategy ‡ | 1,153,222 | 9,595 | ||||||
Transamerica Clarion Global Real Estate Securities | 6,859,489 | 84,234 | ||||||
Transamerica Federated Market Opportunity | 1,370,514 | 11,965 | ||||||
Transamerica First Quadrant Global Macro ‡ | 2,377,249 | 14,549 | ||||||
Transamerica Goldman Sachs Commodity Strategy | 56,332 | 633 | ||||||
U.S. Stocks - 65.3% | ||||||||
Transamerica BlackRock Large Cap Value | 25,292,754 | 210,942 | ||||||
Transamerica Diversified Equity | 6,857,508 | 98,611 | ||||||
Transamerica Growth Opportunities ‡ | 1,504,543 | 15,391 | ||||||
Transamerica Jennison Growth | 20,222,806 | 238,225 | ||||||
Transamerica JPMorgan Mid Cap Value | 3,694,551 | 37,574 | ||||||
Transamerica Morgan Stanley Mid-Cap Growth | 3,068,119 | 40,100 | ||||||
Transamerica Morgan Stanley Small Company Growth ‡ | 2,269,486 | 24,828 | ||||||
Transamerica Oppenheimer Small- & Mid- Cap Value | 3,954,586 | 36,896 | ||||||
Transamerica Third Avenue Value | 2,499,703 | 53,894 | ||||||
Transamerica UBS Large Cap Value | 21,224,876 | 194,844 | ||||||
Transamerica WMC Diversified Growth | 11,851,265 | 107,847 | ||||||
Total Investment Companies (cost $1,518,718) # | 1,622,835 | |||||||
Other Assets and Liabilities - Net | (1,325 | ) | ||||||
Net Assets | $ | 1,621,510 | ||||||
NOTES TO SCHEDULE OF INVESTMENTS: | ||
€ | The portfolio invests its assets in the I2 share class of the affiliated Transamerica Funds. | |
‡ | Non-income producing security. | |
∞ | Amount rounds to less than 0.1%. | |
# | Aggregate cost for federal income tax purposes is $1,535,724. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $171,766 and $84,655, respectively. Net unrealized appreciation for tax purposes is $87,111. |
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investment Companies | $ | 1,622,835 | $ | — | $ | — | $ | 1,622,835 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
INVESTMENT COMPANIES - 100.1% € | ||||||||
Bonds - 18.6% | ||||||||
Transamerica AEGON High Yield Bond | 10,754,333 | $ | 99,155 | |||||
Transamerica Flexible Income | 2,570,764 | 23,214 | ||||||
Transamerica JPMorgan Core Bond | 4,222,840 | 44,593 | ||||||
Transamerica JPMorgan International Bond | 9,455,613 | 114,224 | ||||||
Transamerica Morgan Stanley Emerging Markets Debt | 4,507,671 | 50,892 | ||||||
Transamerica PIMCO Total Return | 18,831,699 | 203,193 | ||||||
Transamerica Short-Term Bond | 6,098,408 | 63,058 | ||||||
Capital Preservation - 0.1% | ||||||||
Transamerica Money Market | 2,196,063 | 2,196 | ||||||
Global/International Stocks - 16.5% | ||||||||
Transamerica AllianceBernstein International Value | 5,919,323 | 47,769 | ||||||
Transamerica MFS International Equity | 5,239,837 | 47,735 | ||||||
Transamerica Neuberger Berman International | 12,334,958 | 110,275 | ||||||
Transamerica Oppenheimer Developing Markets | 8,879,850 | 118,368 | ||||||
Transamerica Schroders International Small Cap | 8,273,839 | 79,925 | ||||||
Transamerica Thornburg International Value | 7,712,751 | 85,766 | ||||||
Transamerica WMC Emerging Markets | 2,731,859 | 39,011 | ||||||
Inflation-Protected Securities - 2.4% | ||||||||
Transamerica PIMCO Real Return TIPS | 6,674,410 | 77,423 | ||||||
Tactical and Specialty - 16.1% | ||||||||
Transamerica AQR Managed Futures Strategy ‡ | 9,486,579 | 95,814 | ||||||
Transamerica BlackRock Global Allocation | 7,410,812 | 80,852 | ||||||
Transamerica BNY Mellon Market Neutral Strategy ‡ | 3,015,709 | 25,091 | ||||||
Transamerica Clarion Global Real Estate Securities | 9,564,760 | 117,455 | ||||||
Transamerica Federated Market Opportunity | 1,528,081 | 13,340 | ||||||
Transamerica First Quadrant Global Macro ‡ | 5,536,697 | 33,885 | ||||||
Transamerica Goldman Sachs Commodity Strategy | 5,964,503 | 67,041 | ||||||
Transamerica Loomis Sayles Bond | 7,642,818 | 85,141 | ||||||
U.S. Stocks - 46.4% | ||||||||
Transamerica BlackRock Large Cap Value | 33,585,235 | 280,101 | ||||||
Transamerica Diversified Equity | 10,604,419 | 152,492 | ||||||
Transamerica Growth Opportunities ‡ | 4,073,333 | 41,670 | ||||||
Transamerica Jennison Growth | 21,835,816 | 257,226 | ||||||
Transamerica JPMorgan Mid Cap Value | 7,397,495 | 75,233 | ||||||
Transamerica Morgan Stanley Mid-Cap Growth | 4,366,186 | 57,066 | ||||||
Transamerica Morgan Stanley Small Company Growth ‡ | 2,274,864 | 24,887 | ||||||
Transamerica Oppenheimer Small- & Mid- Cap Value | 6,175,938 | 57,621 | ||||||
Transamerica Third Avenue Value | 4,013,332 | 86,527 | ||||||
Transamerica UBS Large Cap Value | 31,911,812 | 292,951 | ||||||
Transamerica WMC Diversified Growth | 18,116,459 | 164,860 | ||||||
Total Investment Companies (cost $3,005,913) # | 3,216,050 | |||||||
Other Assets and Liabilities - Net | (2,170 | ) | ||||||
Net Assets | $ | 3,213,880 | ||||||
NOTES TO THE SCHEDULE OF INVESTMENTS: | ||
€ | The portfolio invests its assets in the I2 share class of the affiliated Transamerica Funds. | |
‡ | Non-income producing security. | |
# | Aggregate cost for federal income tax purposes is $3,034,004. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $303,473 and $121,427, respectively. Net unrealized appreciation for tax purposes is $182,046. |
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investment Companies | $ | 3,216,050 | $ | — | $ | — | $ | 3,216,050 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 23
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
INVESTMENT COMPANIES - 100.0% € | ||||||||
Bonds - 31.1% | ||||||||
Transamerica AEGON High Yield Bond | 11,866,631 | $ | 109,410 | |||||
Transamerica Flexible Income | 5,859,147 | 52,908 | ||||||
Transamerica JPMorgan Core Bond | 5,220,670 | 55,130 | ||||||
Transamerica JPMorgan International Bond | 3,722,317 | 44,966 | ||||||
Transamerica Morgan Stanley Emerging Markets Debt | 4,343,627 | 49,040 | ||||||
Transamerica PIMCO Total Return | 24,015,702 | 259,129 | ||||||
Transamerica Short-Term Bond | 12,302,135 | 127,204 | ||||||
Capital Preservation - 0.2% | ||||||||
Transamerica Money Market | 4,540,168 | 4,540 | ||||||
Global/International Stocks - 9.9% | ||||||||
Transamerica AllianceBernstein International Value | 2,016,844 | 16,276 | ||||||
Transamerica MFS International Equity | 4,116,792 | 37,504 | ||||||
Transamerica Neuberger Berman International | 3,709,903 | 33,167 | ||||||
Transamerica Oppenheimer Developing Markets | 2,475,331 | 32,996 | ||||||
Transamerica Schroders International Small Cap | 4,671,665 | 45,128 | ||||||
Transamerica Thornburg International Value | 3,515,107 | 39,088 | ||||||
Transamerica WMC Emerging Markets | 1,296,935 | 18,520 | ||||||
Inflation-Protected Securities - 5.9% | ||||||||
Transamerica PIMCO Real Return TIPS | 11,367,860 | 131,867 | ||||||
Tactical and Specialty - 18.1% | ||||||||
Transamerica AQR Managed Futures Strategy ‡ | 6,600,807 | 66,668 | ||||||
Transamerica BlackRock Global Allocation | 4,067,274 | 44,374 | ||||||
Transamerica BNY Mellon Market Neutral Strategy ‡ | 2,048,012 | 17,039 | ||||||
Transamerica Clarion Global Real Estate Securities | 4,459,888 | 54,767 | ||||||
Transamerica Federated Market Opportunity | 2,123,153 | 18,535 | ||||||
Transamerica First Quadrant Global Macro ‡ | 2,885,451 | 17,659 | ||||||
Transamerica Goldman Sachs Commodity Strategy | 3,027,512 | 34,029 | ||||||
Transamerica Loomis Sayles Bond | 13,789,320 | 153,614 | ||||||
U.S. Stocks - 34.8% | ||||||||
Transamerica BlackRock Large Cap Value | 16,270,744 | 135,698 | ||||||
Transamerica Diversified Equity | 4,801,665 | 69,048 | ||||||
Transamerica Growth Opportunities ‡ | 3,721,332 | 38,069 | ||||||
Transamerica Jennison Growth | 12,843,434 | 151,296 | ||||||
Transamerica JPMorgan Mid Cap Value | 3,918,156 | 39,848 | ||||||
Transamerica Morgan Stanley Mid-Cap Growth | 2,366,863 | 30,935 | ||||||
Transamerica Morgan Stanley Small Company Growth ‡ | 1,396,938 | 15,283 | ||||||
Transamerica Oppenheimer Small- & Mid- Cap Value | 3,363,261 | 31,379 | ||||||
Transamerica Third Avenue Value | 1,948,584 | 42,011 | ||||||
Transamerica UBS Large Cap Value | 13,773,703 | 126,443 | ||||||
Transamerica WMC Diversified Growth | 10,879,995 | 99,008 | ||||||
Total Investment Companies (cost $2,078,863) # | 2,242,576 | |||||||
Other Assets and Liabilities - Net | (289 | ) | ||||||
Net Assets | $ | 2,242,287 | ||||||
NOTES TO THE SCHEDULE OF INVESTMENTS: | ||
€ | The portfolio invests its assets in the I2 share class of the affiliated Transamerica Funds. | |
‡ | Non-income producing security. | |
# | Aggregate cost for federal income tax purposes is $2,088,408. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $213,103 and $58,935, respectively. Net unrealized appreciation for tax purposes is $154,168. |
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investment Companies | $ | 2,242,576 | $ | — | $ | — | $ | 2,242,576 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 24
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
INVESTMENT COMPANIES - 99.8% € | ||||||||
Capital Preservation - 1.8% | ||||||||
Transamerica Money Market | 5,091,130 | $ | 5,091 | |||||
Global/International Stocks - 5.4% | ||||||||
Transamerica Oppenheimer Developing Markets | 310,893 | 4,144 | ||||||
Transamerica Schroders International Small Cap | 1,125,713 | 10,875 | ||||||
Inflation-Protected Securities - 1.9% | ||||||||
Transamerica PIMCO Real Return TIPS | 457,255 | 5,304 | ||||||
Tactical and Specialty - 90.6% | ||||||||
Transamerica AQR Managed Futures Strategy ‡ | 2,641,120 | 26,675 | ||||||
Transamerica BlackRock Global Allocation | 2,713,401 | 29,603 | ||||||
Transamerica BNY Mellon Market Neutral Strategy ‡ | 4,770,714 | 39,692 | ||||||
Transamerica Clarion Global Real Estate Securities | 1,876,857 | 23,048 | ||||||
Transamerica Federated Market Opportunity | 4,149,220 | 36,223 | ||||||
Transamerica First Quadrant Global Macro ‡ | 6,329,591 | 38,737 | ||||||
Transamerica Goldman Sachs Commodity Strategy | 1,660,029 | 18,659 | ||||||
Transamerica Loomis Sayles Bond | 3,404,412 | 37,925 | ||||||
U.S. Stock - 0.1% | ||||||||
Transamerica Third Avenue Value | 16,845 | 363 | ||||||
Total Investment Companies (cost $275,903) # | 276,339 | |||||||
Other Assets and Liabilities - Net | 495 | |||||||
Net Assets | $ | 276,834 | ||||||
NOTES TO SCHEDULE OF INVESTMENTS: | ||
€ | The portfolio invests its assets in the I2 share class of the affiliated Transamerica Funds. | |
‡ | Non-income producing security. | |
# | Aggregate cost for federal income tax purposes is $278,053. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $8,019 and $9,733, respectively. Net unrealized depreciation for tax purposes is $1,714. |
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investment Companies | $ | 276,339 | $ | — | $ | — | $ | 276,339 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 25
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
INVESTMENT COMPANIES - 100.1% € | ||||||||
Global/International Stocks - 89.7% | ||||||||
Transamerica AllianceBernstein International Value | 3,750,680 | $ | 30,268 | |||||
Transamerica MFS International Equity | 5,700,445 | 51,931 | ||||||
Transamerica Neuberger Berman International | 3,664,084 | 32,757 | ||||||
Transamerica Oppenheimer Developing Markets | 3,349,444 | 44,648 | ||||||
Transamerica Schroders International Small Cap | 4,066,624 | 39,284 | ||||||
Transamerica Thornburg International Value | 5,463,143 | 60,750 | ||||||
Transamerica WMC Emerging Markets | 2,342,214 | 33,447 | ||||||
Tactical and Specialty - 10.4% | ||||||||
Transamerica BlackRock Global Allocation | 1,733,096 | 18,908 | ||||||
Transamerica Clarion Global Real Estate Securities | 1,224,106 | 15,032 | ||||||
Total Investment Companies (cost $314,778) # | 327,025 | |||||||
Other Assets and Liabilities - Net | (218 | ) | ||||||
Net Assets | $ | 326,807 | ||||||
NOTES TO THE SCHEDULE OF INVESTMENTS: | ||
€ | The portfolio invests its assets in the I2 share class of the affiliated Transamerica Funds. | |
# | Aggregate cost for federal income tax purposes is $316,209. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $37,642 and $26,826, respectively. Net unrealized appreciation for tax purposes is $10,816. |
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Investment Companies | $ | 327,025 | $ | — | $ | — | $ | 327,025 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 26
Table of Contents
At October 31, 2010
(all amounts except per share amounts in thousands)
Transamerica | ||||||||||||||||||||||||
Transamerica | Transamerica | Asset | Transamerica | Transamerica | ||||||||||||||||||||
Asset | Asset | Allocation - | Asset | Multi-Manager | Transamerica | |||||||||||||||||||
Allocation - | Allocation - | Moderate | Allocation - | Alternative | Multi-Manager | |||||||||||||||||||
Conservative | Growth | Growth | Moderate | Strategies | International | |||||||||||||||||||
Portfolio | Portfolio | Portfolio | Portfolio | Portfolio | Portfolio | |||||||||||||||||||
Assets: | ||||||||||||||||||||||||
Investments in affiliated investment companies, at value | $ | 1,214,684 | $ | 1,622,835 | $ | 3,216,050 | $ | 2,242,576 | $ | 276,339 | $ | 327,025 | ||||||||||||
Cash | — | 1 | 1 | — | — | — | ||||||||||||||||||
Receivables: | ||||||||||||||||||||||||
Investment securities sold | 322 | 731 | 451 | 951 | — | 251 | ||||||||||||||||||
Shares of beneficial interest sold | 3,383 | 2,704 | 5,290 | 4,271 | 2,180 | 731 | ||||||||||||||||||
Dividends | 191 | — | 112 | 224 | — | — | ||||||||||||||||||
Prepaid expenses | 8 | 10 | 20 | 14 | 2 | 2 | ||||||||||||||||||
$ | 1,218,588 | $ | 1,626,281 | $ | 3,221,924 | $ | 2,248,036 | $ | 278,521 | $ | 328,009 | |||||||||||||
Liabilities: | ||||||||||||||||||||||||
Accounts payable and accrued liabilities: | ||||||||||||||||||||||||
Investment securities purchased | $ | — | $ | — | $ | — | $ | — | $ | 349 | $ | — | ||||||||||||
Shares of beneficial interest redeemed | 2,296 | 3,347 | 5,271 | 3,861 | 1,105 | 937 | ||||||||||||||||||
Management and advisory fees | 102 | 137 | 271 | 189 | 46 | 25 | ||||||||||||||||||
Distribution and service fees | 750 | 1,004 | 2,039 | 1,405 | 134 | 179 | ||||||||||||||||||
Transfer agent fees | 95 | 198 | 301 | 173 | 33 | 40 | ||||||||||||||||||
Administration fees | 13 | 17 | 34 | 24 | 3 | 3 | ||||||||||||||||||
Due to custodian | — | — | — | 2 | — | — | ||||||||||||||||||
Other | 57 | 68 | 128 | 95 | 17 | 18 | ||||||||||||||||||
$ | 3,313 | $ | 4,771 | $ | 8,044 | $ | 5,749 | $ | 1,687 | $ | 1,202 | |||||||||||||
Net assets | $ | 1,215,275 | $ | 1,621,510 | $ | 3,213,880 | $ | 2,242,287 | $ | 276,834 | $ | 326,807 | ||||||||||||
Net assets consist of: | ||||||||||||||||||||||||
Shares of beneficial interest, unlimited shares authorized, no par value | 1,160,195 | 1,735,223 | 3,277,877 | 2,164,275 | 286,982 | 407,631 | ||||||||||||||||||
Undistributed net investment income | 740 | 1,433 | — | 7,062 | — | 1,314 | ||||||||||||||||||
Accumulated net realized loss from investments in affiliated investment companies | (42,144 | ) | (219,263 | ) | (274,134 | ) | (92,763 | ) | (10,584 | ) | (94,385 | ) | ||||||||||||
Net unrealized appreciation on investments in affiliated investment companies | 96,484 | 104,117 | 210,137 | 163,713 | 436 | 12,247 | ||||||||||||||||||
Net assets | $ | 1,215,275 | $ | 1,621,510 | $ | 3,213,880 | $ | 2,242,287 | $ | 276,834 | $ | 326,807 | ||||||||||||
Net assets by class: | ||||||||||||||||||||||||
Class A | $ | 485,473 | $ | 645,459 | $ | 1,202,885 | $ | 857,469 | $ | 128,041 | $ | 135,479 | ||||||||||||
Class B | 114,303 | 184,263 | 383,062 | 220,658 | 18,432 | |||||||||||||||||||
Class C | 601,625 | 774,914 | 1,606,227 | 1,142,029 | 114,662 | 144,849 | ||||||||||||||||||
Class I | 10,813 | 13,112 | 16,293 | 17,853 | 34,131 | 28,047 | ||||||||||||||||||
Class R | 3,061 | 3,762 | 5,413 | 4,278 | ||||||||||||||||||||
Shares outstanding: | ||||||||||||||||||||||||
Class A | 43,260 | 56,829 | 103,817 | 74,000 | 13,043 | 13,774 | ||||||||||||||||||
Class B | 10,229 | 16,609 | 33,223 | 19,105 | 1,893 | |||||||||||||||||||
Class C | 53,910 | 69,879 | 139,631 | 99,288 | 11,781 | 14,861 | ||||||||||||||||||
Class I | 962 | 1,151 | 1,403 | 1,538 | 3,467 | 2,846 | ||||||||||||||||||
Class R | 271 | 334 | 469 | 371 | ||||||||||||||||||||
Net asset value per share: | ||||||||||||||||||||||||
Class A | $ | 11.22 | $ | 11.36 | $ | 11.59 | $ | 11.59 | $ | 9.82 | $ | 9.84 | ||||||||||||
Class B | 11.17 | 11.09 | 11.53 | 11.55 | 9.74 | |||||||||||||||||||
Class C | 11.16 | 11.09 | 11.50 | 11.50 | 9.73 | 9.75 | ||||||||||||||||||
Class I | 11.24 | 11.39 | 11.61 | 11.61 | 9.84 | 9.86 | ||||||||||||||||||
Class R | 11.29 | 11.27 | 11.53 | 11.53 | ||||||||||||||||||||
Maximum offering price per share: (a) | ||||||||||||||||||||||||
Class A | $ | 11.87 | $ | 12.02 | $ | 12.26 | $ | 12.26 | $ | 10.39 | $ | 10.41 | ||||||||||||
Investments in affiliated investment companies, at cost | $ | 1,118,200 | $ | 1,518,718 | $ | 3,005,913 | $ | 2,078,863 | $ | 275,903 | $ | 314,778 | ||||||||||||
(a) | Includes the maximum selling commission (represented as a percentage of offering price) which is reduced on certain levels of sales as set forth in the Prospectus. Net asset value per share for Classes B, C, and R shares represents offering price. The redemption price for Classes B and C shares equals net asset value less any applicable contingent deferred sales charge. |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 27
Table of Contents
For the year ended October 31, 2010
(all amounts in thousands)
Transamerica | ||||||||||||||||||||||||
Transamerica | Transamerica | Transamerica | Transamerica | Multi-Manager | Transamerica | |||||||||||||||||||
Asset Allocation | Asset Allocation | Asset Allocation | Asset Allocation | Alternative | Multi-Manager | |||||||||||||||||||
- Conservative | - Growth | - Moderate | - Moderate | Strategies | International | |||||||||||||||||||
Portfolio | Portfolio | Growth Portfolio | Portfolio | Portfolio | Portfolio | |||||||||||||||||||
Investment income: | ||||||||||||||||||||||||
Dividend income from affiliated investment companies | $ | 43,118 | $ | 18,141 | $ | 75,584 | $ | 71,349 | $ | 5,359 | $ | 4,896 | ||||||||||||
Expenses: | ||||||||||||||||||||||||
Management and advisory | 1,093 | 1,583 | 3,097 | 2,090 | 480 | 305 | ||||||||||||||||||
Distribution and service: | ||||||||||||||||||||||||
Class A | 1,483 | 2,141 | 3,943 | 2,711 | 426 | 471 | ||||||||||||||||||
Class B | 1,150 | 1,902 | 3,933 | 2,280 | 183 | |||||||||||||||||||
Class C | 5,461 | 7,728 | 15,635 | 10,754 | 1,045 | 1,373 | ||||||||||||||||||
Class R | 11 | 15 | 23 | 16 | ||||||||||||||||||||
Transfer agent: | ||||||||||||||||||||||||
Class A | 561 | 1,109 | 1,496 | 893 | 201 | 229 | ||||||||||||||||||
Class B | 133 | 396 | 632 | 309 | 56 | |||||||||||||||||||
Class C | 379 | 1,094 | 1,680 | 866 | 160 | 244 | ||||||||||||||||||
Class I | 9 | 9 | 13 | 13 | 23 | 20 | ||||||||||||||||||
Class R | 5 | 6 | 7 | 6 | ||||||||||||||||||||
Printing and shareholder reports | 101 | 214 | 355 | 206 | 75 | 95 | ||||||||||||||||||
Custody | 39 | 51 | 90 | 65 | 12 | 13 | ||||||||||||||||||
Administration | 137 | 198 | 387 | 261 | 30 | 38 | ||||||||||||||||||
Legal | 38 | 55 | 107 | 72 | 8 | 11 | ||||||||||||||||||
Audit and tax | 11 | 12 | 15 | 13 | 9 | 9 | ||||||||||||||||||
Trustees | 23 | 33 | 64 | 44 | 5 | 6 | ||||||||||||||||||
Registration | 135 | 137 | 183 | 159 | 70 | 78 | ||||||||||||||||||
Other | 17 | 24 | 44 | 31 | 5 | 7 | ||||||||||||||||||
Total expenses | 10,786 | 16,707 | 31,704 | 20,789 | 2,549 | 3,138 | ||||||||||||||||||
Net of reimbursement of class expenses | ||||||||||||||||||||||||
Class B | — | — | — | — | — | (7 | ) | |||||||||||||||||
Total reimbursed expenses | — | — | — | — | — | (7 | ) | |||||||||||||||||
Net expenses | 10,786 | 16,707 | 31,704 | 20,789 | 2,549 | 3,131 | ||||||||||||||||||
Net investment income | 32,332 | 1,434 | 43,880 | 50,560 | 2,810 | 1,765 | ||||||||||||||||||
Net realized and unrealized gain (loss) on investments in affiliated investment companies: | ||||||||||||||||||||||||
Realized loss from investments in affiliated investment companies | (2,543 | ) | (25,297 | ) | (28,771 | ) | (14,403 | ) | (4,040 | ) | (5,683 | ) | ||||||||||||
Realized gain distributions from investments in affiliated investment companies | 598 | 39 | 966 | 1,209 | 187 | 164 | ||||||||||||||||||
(1,945 | ) | (25,258 | ) | (27,805 | ) | (13,194 | ) | (3,853 | ) | (5,519 | ) | |||||||||||||
Increase in unrealized appreciation (depreciation) on investments in affiliated investment companies | 86,682 | 244,132 | 381,444 | 207,046 | 18,654 | 49,428 | ||||||||||||||||||
Net realized and unrealized gain (loss) on investments in affiliated investment companies | 84,737 | 218,874 | 353,639 | 193,852 | 14,801 | 43,909 | ||||||||||||||||||
Net increase in net assets resulting from operations | $ | 117,069 | $ | 220,308 | $ | 397,519 | $ | 244,412 | $ | 17,611 | $ | 45,674 | ||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 28
Table of Contents
For the years ended:
(all amounts in thousands)
Transamerica Asset Allocation - | Transamerica Asset Allocation - | Transamerica Asset Allocation - | ||||||||||||||||||||||
Conservative Portfolio | Growth Portfolio | Moderate Growth Portfolio | ||||||||||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income | $ | 32,332 | $ | 30,977 | $ | 1,434 | $ | 14,678 | $ | 43,880 | $ | 68,877 | ||||||||||||
Net realized loss on investments in affiliated investment companies | (1,945 | ) | (37,718 | ) | (25,258 | ) | (186,967 | ) | (27,805 | ) | (233,911 | ) | ||||||||||||
Change in unrealized appreciation (depreciation) on investments in affiliated investment companies | 86,682 | 167,509 | 244,132 | 351,453 | 381,444 | 575,877 | ||||||||||||||||||
Net increase in net assets resulting from operations | 117,069 | 160,768 | 220,308 | 179,164 | 397,519 | 410,843 | ||||||||||||||||||
Distributions to shareholders: | ||||||||||||||||||||||||
From net investment income: | ||||||||||||||||||||||||
Class A | (14,142 | ) | (13,153 | ) | (5,402 | ) | (10,375 | ) | (23,955 | ) | (32,722 | ) | ||||||||||||
Class B | (3,351 | ) | (4,011 | ) | (552 | ) | (2,123 | ) | (6,248 | ) | (10,197 | ) | ||||||||||||
Class C | (15,609 | ) | (16,263 | ) | (2,866 | ) | (9,364 | ) | (25,214 | ) | (40,056 | ) | ||||||||||||
Class I | (117 | ) | (1 | ) | (1 | ) | ||||||||||||||||||
Class R | (57 | ) | (57 | ) | (22 | ) | (40 | ) | (83 | ) | (73 | ) | ||||||||||||
(33,276 | ) | (33,484 | ) | (8,843 | ) | (21,902 | ) | (55,501 | ) | (83,048 | ) | |||||||||||||
From return of capital: | ||||||||||||||||||||||||
Class A | — | — | — | — | (2,948 | ) | — | |||||||||||||||||
Class B | — | — | — | — | (1,092 | ) | — | |||||||||||||||||
Class C | — | — | — | — | (4,213 | ) | — | |||||||||||||||||
Class I | — | — | (1 | ) | ||||||||||||||||||||
Class R | — | — | — | — | (10 | ) | — | |||||||||||||||||
— | — | — | — | (8,264 | ) | — | ||||||||||||||||||
Total distributions to shareholders | (33,276 | ) | (33,484 | ) | (8,843 | ) | (21,902 | ) | (63,765 | ) | (83,048 | ) | ||||||||||||
Capital share transactions: | ||||||||||||||||||||||||
Proceeds from shares sold: | ||||||||||||||||||||||||
Class A | 193,284 | 139,081 | 125,705 | 143,445 | 246,315 | 230,540 | ||||||||||||||||||
Class B | 24,305 | 31,792 | 13,404 | 18,975 | 33,918 | 38,265 | ||||||||||||||||||
Class C | 184,037 | 198,027 | 96,270 | 115,363 | 253,627 | 244,779 | ||||||||||||||||||
Class I | 12,648 | 15,205 | 18,965 | |||||||||||||||||||||
Class R | 2,060 | 713 | 1,666 | 1,940 | 3,710 | 1,114 | ||||||||||||||||||
416,334 | 369,613 | 252,250 | 279,723 | 556,535 | 514,698 | |||||||||||||||||||
Dividends and distributions reinvested: | ||||||||||||||||||||||||
Class A | 12,789 | 11,691 | 5,055 | 9,389 | 25,110 | 30,081 | ||||||||||||||||||
Class B | 2,696 | 3,265 | 492 | 1,861 | 6,616 | 9,051 | ||||||||||||||||||
Class C | 11,411 | 11,336 | 2,339 | 7,303 | 22,934 | 29,851 | ||||||||||||||||||
Class I | 22 | 1 | 2 | |||||||||||||||||||||
Class R | 48 | 46 | 18 | 19 | 74 | 45 | ||||||||||||||||||
26,966 | 26,338 | 7,905 | 18,572 | 54,736 | 69,028 | |||||||||||||||||||
Cost of shares redeemed: | ||||||||||||||||||||||||
Class A | (119,079 | ) | (108,752 | ) | (149,631 | ) | (136,887 | ) | (250,198 | ) | (240,883 | ) | ||||||||||||
Class B | (27,891 | ) | (29,438 | ) | (39,788 | ) | (41,291 | ) | (80,243 | ) | (79,769 | ) | ||||||||||||
Class C | (123,816 | ) | (149,422 | ) | (189,424 | ) | (189,430 | ) | (351,422 | ) | (382,557 | ) | ||||||||||||
Class I | (2,389 | ) | (2,585 | ) | (3,478 | ) | ||||||||||||||||||
Class R | (731 | ) | (569 | ) | (1,026 | ) | (1,136 | ) | (1,716 | ) | (579 | ) | ||||||||||||
(273,906 | ) | (288,181 | ) | (382,454 | ) | (368,744 | ) | (687,057 | ) | (703,788 | ) | |||||||||||||
Redemption fees: | ||||||||||||||||||||||||
Class A | — | 6 | — | 3 | — | 1 | ||||||||||||||||||
Class B | — | 1 | — | — | — | — | ||||||||||||||||||
Class C | — | 1 | — | 3 | — | 2 | ||||||||||||||||||
— | 8 | — | 6 | — | 3 | |||||||||||||||||||
Automatic conversions: | ||||||||||||||||||||||||
Class A | 4,985 | 2,399 | 6,944 | 3,697 | 13,017 | 7,442 | ||||||||||||||||||
Class B | (4,985 | ) | (2,399 | ) | (6,944 | ) | (3,697 | ) | (13,017 | ) | (7,442 | ) | ||||||||||||
— | — | — | — | — | — | |||||||||||||||||||
Net increase (decrease) in net assets resulting from capital shares transactions | 169,394 | 107,778 | (122,299 | ) | (70,443 | ) | (75,786 | ) | (120,059 | ) | ||||||||||||||
Net increase in net assets | 253,187 | 235,062 | 89,166 | 86,819 | 257,968 | 207,736 | ||||||||||||||||||
Net assets: | ||||||||||||||||||||||||
Beginning of year | $ | 962,088 | $ | 727,026 | $ | 1,532,344 | $ | 1,445,525 | $ | 2,955,912 | $ | 2,748,176 | ||||||||||||
End of year | $ | 1,215,275 | $ | 962,088 | $ | 1,621,510 | $ | 1,532,344 | $ | 3,213,880 | $ | 2,955,912 | ||||||||||||
Undistributed (accumulated) net investment income (loss) | $ | 740 | $ | 1,684 | $ | 1,433 | $ | 8,842 | $ | — | $ | 11,621 | ||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 29
Table of Contents
For the years ended:
(all amounts in thousands)
Transamerica Asset Allocation - | Transamerica Asset Allocation - | Transamerica Asset Allocation - | ||||||||||||||||||||||
Conservative Portfolio | Growth Portfolio | Moderate Growth Portfolio | ||||||||||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||||||||
Share activity: | ||||||||||||||||||||||||
Shares issued: | ||||||||||||||||||||||||
Class A | 18,127 | 15,113 | 11,870 | 17,028 | 22,775 | 25,412 | ||||||||||||||||||
Class B | 2,300 | 3,491 | 1,302 | 2,296 | 3,140 | 4,250 | ||||||||||||||||||
Class C | 17,370 | 21,793 | 9,258 | 13,991 | 23,452 | 27,170 | ||||||||||||||||||
Class I | 1,181 | 1,398 | 1,723 | |||||||||||||||||||||
Class R | 191 | 80 | 157 | 231 | 343 | 121 | ||||||||||||||||||
39,169 | 40,477 | 23,985 | 33,546 | 51,433 | 56,953 | |||||||||||||||||||
Shares issued-reinvested from distributions: | ||||||||||||||||||||||||
Class A | 1,215 | 1,344 | 488 | 1,182 | 2,378 | 3,594 | ||||||||||||||||||
Class B | 258 | 379 | 49 | 239 | 626 | 1,080 | ||||||||||||||||||
Class C | 1,092 | 1,315 | 230 | 938 | 2,176 | 3,571 | ||||||||||||||||||
Class I | 2 | — | (a) | — | (a) | |||||||||||||||||||
Class R | 4 | 5 | 2 | 2 | 7 | 5 | ||||||||||||||||||
2,571 | 3,043 | 769 | 2,361 | 5,187 | 8,250 | |||||||||||||||||||
Shares redeemed: | ||||||||||||||||||||||||
Class A | (11,138 | ) | (11,999 | ) | (14,114 | ) | (16,568 | ) | (23,092 | ) | (27,351 | ) | ||||||||||||
Class B | (2,622 | ) | (3,248 | ) | (3,847 | ) | (5,088 | ) | (7,439 | ) | (9,088 | ) | ||||||||||||
Class C | (11,645 | ) | (16,669 | ) | (18,320 | ) | (23,261 | ) | (32,671 | ) | (43,805 | ) | ||||||||||||
Class I | (221 | ) | (247 | ) | (320 | ) | ||||||||||||||||||
Class R | (68 | ) | (61 | ) | (99 | ) | (137 | ) | (158 | ) | (63 | ) | ||||||||||||
(25,694 | ) | (31,977 | ) | (36,627 | ) | (45,054 | ) | (63,680 | ) | (80,307 | ) | |||||||||||||
Automatic conversions: | ||||||||||||||||||||||||
Class A | 467 | 260 | 685 | 431 | 1,217 | 828 | ||||||||||||||||||
Class B | (469 | ) | (261 | ) | (700 | ) | (441 | ) | (1,221 | ) | (830 | ) | ||||||||||||
(2 | ) | (1 | ) | (15 | ) | (10 | ) | (4 | ) | (2 | ) | |||||||||||||
Net increase (decrease) in shares outstanding: | ||||||||||||||||||||||||
Class A | 8,671 | 4,718 | (1,071 | ) | 2,073 | 3,278 | 2,483 | |||||||||||||||||
Class B | (533 | ) | 361 | (3,196 | ) | (2,994 | ) | (4,894 | ) | (4,588 | ) | |||||||||||||
Class C | 6,817 | 6,439 | (8,832 | ) | (8,332 | ) | (7,043 | ) | (13,064 | ) | ||||||||||||||
Class I | 962 | 1,151 | 1,403 | |||||||||||||||||||||
Class R | 127 | 24 | 60 | 96 | 192 | 63 | ||||||||||||||||||
16,044 | 11,542 | (11,888 | ) | (9,157 | ) | (7,064 | ) | (15,106 | ) | |||||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 30
Table of Contents
For the years ended:
(all amounts in thousands)
Transamerica Asset Allocation - | Transamerica Multi-Manager | Transamerica Multi-Manager | ||||||||||||||||||||||
Moderate Portfolio | Alternative Strategies Portfolio | International Portfolio | ||||||||||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income | $ | 50,560 | $ | 56,697 | $ | 2,810 | $ | 5,840 | $ | 1,765 | $ | 3,049 | ||||||||||||
Net realized loss on investments in affiliated investment companies | (13,194 | ) | (71,447 | ) | (3,853 | ) | (6,274 | ) | (5,519 | ) | (51,030 | ) | ||||||||||||
Change in unrealized appreciation (depreciation) on investments in affiliated investment companies | 207,046 | 312,983 | 18,654 | 28,291 | 49,428 | 108,676 | ||||||||||||||||||
Net increase in net assets resulting from operations | 244,412 | 298,233 | 17,611 | 27,857 | 45,674 | 60,695 | ||||||||||||||||||
Distributions to shareholders: | ||||||||||||||||||||||||
From net investment income: | ||||||||||||||||||||||||
Class A | (24,791 | ) | (25,025 | ) | (1,911 | ) | (3,552 | ) | (1,770 | ) | (770 | ) | ||||||||||||
Class B | (6,406 | ) | (7,739 | ) | (109 | ) | — | |||||||||||||||||
Class C | (29,833 | ) | (32,988 | ) | (940 | ) | (2,751 | ) | (850 | ) | — | |||||||||||||
Class I | (2 | ) | — | (b) | (1 | ) | ||||||||||||||||||
Class R | (70 | ) | (61 | ) | — | |||||||||||||||||||
(61,102 | ) | (65,813 | ) | (2,851 | ) | (6,303 | ) | (2,730 | ) | (770 | ) | |||||||||||||
From return of capital: | ||||||||||||||||||||||||
Class A | — | — | (1,343 | ) | — | — | — | |||||||||||||||||
Class B | — | — | — | — | ||||||||||||||||||||
Class C | — | — | (1,086 | ) | — | — | — | |||||||||||||||||
Class I | — | (1 | ) | — | ||||||||||||||||||||
Class R | — | — | — | |||||||||||||||||||||
— | — | (2,430 | ) | — | — | — | ||||||||||||||||||
Total distributions to shareholders | (61,102 | ) | (65,813 | ) | (5,281 | ) | (6,303 | ) | (2,730 | ) | (770 | ) | ||||||||||||
Capital share transactions: | ||||||||||||||||||||||||
Proceeds from shares sold: | ||||||||||||||||||||||||
Class A | 248,423 | 205,360 | 67,804 | 55,943 | 51,313 | 52,130 | ||||||||||||||||||
Class B | 25,374 | 32,093 | 2,837 | 2,161 | ||||||||||||||||||||
Class C | 259,484 | 237,636 | 40,726 | 26,516 | 26,373 | 18,980 | ||||||||||||||||||
Class I | 21,255 | 39,015 | 33,995 | |||||||||||||||||||||
Class R | 2,988 | 2,053 | — | |||||||||||||||||||||
557,524 | 477,142 | 147,545 | 82,459 | 114,518 | 73,271 | |||||||||||||||||||
Dividends and distributions reinvested: | ||||||||||||||||||||||||
Class A | 22,613 | 22,442 | 2,646 | 2,810 | 1,359 | 603 | ||||||||||||||||||
Class B | 5,572 | 6,569 | 90 | — | ||||||||||||||||||||
Class C | 22,219 | 23,369 | 1,636 | 2,055 | 629 | — | ||||||||||||||||||
Class I | 2 | 1 | 1 | |||||||||||||||||||||
Class R | 46 | 46 | — | |||||||||||||||||||||
50,452 | 52,426 | 4,283 | 4,865 | 2,079 | 603 | |||||||||||||||||||
Cost of shares redeemed: | ||||||||||||||||||||||||
Class A | (187,717 | ) | (167,320 | ) | (68,188 | ) | (47,972 | ) | (71,349 | ) | (48,414 | ) | ||||||||||||
Class B | (48,268 | ) | (57,609 | ) | (4,354 | ) | (3,438 | ) | ||||||||||||||||
Class C | (230,064 | ) | (260,060 | ) | (29,264 | ) | (32,021 | ) | (34,194 | ) | (44,010 | ) | ||||||||||||
Class I | (4,349 | ) | (5,941 | ) | (8,375 | ) | ||||||||||||||||||
Class R | (1,261 | ) | (1,135 | ) | — | |||||||||||||||||||
(471,659 | ) | (486,124 | ) | (103,393 | ) | (79,993 | ) | (118,272 | ) | (95,862 | ) | |||||||||||||
Redemption fees: | ||||||||||||||||||||||||
Class A | — | — | — | 1 | — | 1 | ||||||||||||||||||
Class B | — | — | — | — | ||||||||||||||||||||
Class C | — | 5 | — | — | — | — | ||||||||||||||||||
— | 5 | — | 1 | — | 1 | |||||||||||||||||||
Automatic conversions: | ||||||||||||||||||||||||
Class A | 9,392 | 4,828 | — | — | 603 | 435 | ||||||||||||||||||
Class B | (9,392 | ) | (4,828 | ) | (603 | ) | (435 | ) | ||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||||
Net increase (decrease) in net assets resulting from capital shares transactions | 136,317 | 43,449 | 48,435 | 7,332 | (1,675 | ) | (21,987 | ) | ||||||||||||||||
Net increase in net assets | 319,627 | 275,869 | 60,765 | 28,886 | 41,269 | 37,938 | ||||||||||||||||||
Net assets: | ||||||||||||||||||||||||
Beginning of year | $ | 1,922,660 | $ | 1,646,791 | $ | 216,069 | $ | 187,183 | $ | 285,538 | $ | 247,600 | ||||||||||||
End of year | $ | 2,242,287 | $ | 1,922,660 | $ | 276,834 | $ | 216,069 | $ | 326,807 | $ | 285,538 | ||||||||||||
Undistributed (accumulated) net investment income (loss) | $ | 7,062 | $ | 17,604 | $ | — | $ | 41 | $ | 1,314 | $ | 2,279 | ||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 31
Table of Contents
For the years ended:
(all amounts in thousands)
Transamerica Asset Allocation - | Transamerica Multi-Manager | Transamerica Multi-Manager | ||||||||||||||||||||||
Moderate Portfolio | Alternative Strategies Portfolio | International Portfolio | ||||||||||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||||||||
Share activity: | ||||||||||||||||||||||||
Shares issued: | ||||||||||||||||||||||||
Class A | 22,832 | 21,960 | 7,180 | 6,565 | 5,798 | 7,357 | ||||||||||||||||||
Class B | 2,338 | 3,459 | 318 | 296 | ||||||||||||||||||||
Class C | 23,890 | 25,589 | 4,335 | 3,168 | 2,972 | 2,664 | ||||||||||||||||||
Class I | 1,937 | 4,096 | 3,782 | |||||||||||||||||||||
Class R | 274 | 224 | ||||||||||||||||||||||
51,271 | 51,232 | 15,611 | 9,733 | 12,870 | 10,317 | |||||||||||||||||||
Shares issued-reinvested from distributions: | ||||||||||||||||||||||||
Class A | 2,131 | 2,606 | 286 | 359 | 156 | 96 | ||||||||||||||||||
Class B | 524 | 761 | 11 | — | ||||||||||||||||||||
Class C | 2,098 | 2,717 | 177 | 264 | 72 | — | ||||||||||||||||||
Class I | — | (a) | — | (a) | — | (a) | ||||||||||||||||||
Class R | 4 | 6 | ||||||||||||||||||||||
4,757 | 6,090 | 463 | 623 | 239 | 96 | |||||||||||||||||||
Shares redeemed: | ||||||||||||||||||||||||
Class A | (17,210 | ) | (18,420 | ) | (7,223 | ) | (5,868 | ) | (8,051 | ) | (7,408 | ) | ||||||||||||
Class B | (4,436 | ) | (6,339 | ) | (496 | ) | (526 | ) | ||||||||||||||||
Class C | (21,246 | ) | (28,973 | ) | (3,122 | ) | (3,944 | ) | (3,890 | ) | (6,754 | ) | ||||||||||||
Class I | (399 | ) | (629 | ) | (936 | ) | ||||||||||||||||||
Class R | (116 | ) | (124 | ) | ||||||||||||||||||||
(43,407 | ) | (53,856 | ) | (10,974 | ) | (9,812 | ) | (13,373 | ) | (14,688 | ) | |||||||||||||
Automatic conversions: | ||||||||||||||||||||||||
Class A | 865 | 524 | 70 | 65 | ||||||||||||||||||||
Class B | (866 | ) | (525 | ) | (71 | ) | (65 | ) | ||||||||||||||||
(1 | ) | (1 | ) | — | — | (1 | ) | — | ||||||||||||||||
Net increase (decrease) in shares outstanding: | ||||||||||||||||||||||||
Class A | 8,618 | 6,670 | 243 | 1,056 | (2,027 | ) | 110 | |||||||||||||||||
Class B | (2,440 | ) | (2,644 | ) | (238 | ) | (295 | ) | ||||||||||||||||
Class C | 4,742 | (667 | ) | 1,390 | (512 | ) | (846 | ) | (4,090 | ) | ||||||||||||||
Class I | 1,538 | 3,467 | 2,846 | |||||||||||||||||||||
Class R | 162 | 106 | ||||||||||||||||||||||
12,620 | 3,465 | 5,100 | 544 | (265 | ) | (4,275 | ) | |||||||||||||||||
(a) | Amount rounds to less than 1 share. | |
(b) | Amount rounds to less than $(1). |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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Table of Contents
Transamerica Asset Allocation — Conservative Portfolio | |||||||||||||||||||||
Class A | |||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Net asset value | |||||||||||||||||||||
Beginning of year | $ | 10.42 | $ | 8.99 | $ | 12.40 | $ | 11.76 | $ | 11.35 | |||||||||||
Investment operations | |||||||||||||||||||||
From net investment income(a),(b) | 0.35 | 0.40 | 0.36 | 0.38 | 0.28 | ||||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 0.83 | 1.46 | (3.21 | ) | 0.82 | 0.80 | |||||||||||||||
Total from investment operations | 1.18 | 1.86 | (2.85 | ) | 1.20 | 1.08 | |||||||||||||||
Distributions | |||||||||||||||||||||
Net investment income | (0.38 | ) | (0.43 | ) | (0.32 | ) | (0.24 | ) | (0.35 | ) | |||||||||||
Net realized gains on affiliated investments | — | — | (0.24 | ) | (0.32 | ) | (0.32 | ) | |||||||||||||
Total distributions | (0.38 | ) | (0.43 | ) | (0.56 | ) | (0.56 | ) | (0.67 | ) | |||||||||||
Net asset value | |||||||||||||||||||||
End of year | $ | 11.22 | $ | 10.42 | $ | 8.99 | $ | 12.40 | $ | 11.76 | |||||||||||
Total return(c) | 11.59 | % | 21.76 | % | (23.86 | %) | 12.06 | % | 9.90 | % | |||||||||||
Net assets end of year (000’s) | $ | 485,473 | $ | 360,558 | $ | 268,516 | $ | 242,342 | $ | 165,071 | |||||||||||
Ratio and supplemental data | |||||||||||||||||||||
Expenses to average net assets:(d) | |||||||||||||||||||||
After reimbursement/fee waiver | 0.63 | % | 0.65 | % | 0.62 | % | 0.62 | % | 0.60 | % | |||||||||||
Before reimbursement/fee waiver | 0.63 | % | 0.65 | % | 0.62 | % | 0.62 | % | 0.60 | % | |||||||||||
Net investment income, to average net assets(b),(e) | 3.28 | % | 4.27 | % | 3.22 | % | 3.18 | % | 2.44 | % | |||||||||||
Portfolio turnover rate(f) | 16 | % | 27 | % | 10 | % | 32 | % | 29 | % | |||||||||||
Transamerica Asset Allocation — Conservative Portfolio | |||||||||||||||||||||
Class B | |||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Net asset value | |||||||||||||||||||||
Beginning of year | $ | 10.38 | $ | 8.97 | $ | 12.36 | $ | 11.73 | $ | 11.32 | |||||||||||
Investment operations | |||||||||||||||||||||
From net investment income(a),(b) | 0.30 | 0.35 | 0.31 | 0.30 | 0.20 | ||||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 0.80 | 1.45 | (3.22 | ) | 0.86 | 0.81 | |||||||||||||||
Total from investment operations | 1.10 | 1.80 | (2.91 | ) | 1.16 | 1.01 | |||||||||||||||
Distributions | |||||||||||||||||||||
Net investment income | (0.31 | ) | (0.39 | ) | (0.24 | ) | (0.21 | ) | (0.28 | ) | |||||||||||
Net realized gains on affiliated investments | — | — | (0.24 | ) | (0.32 | ) | (0.32 | ) | |||||||||||||
Total distributions | (0.31 | ) | (0.39 | ) | (0.48 | ) | (0.53 | ) | (0.60 | ) | |||||||||||
Net asset value | |||||||||||||||||||||
End of year | $ | 11.17 | $ | 10.38 | $ | 8.97 | $ | 12.36 | $ | 11.73 | |||||||||||
Total return(c) | 10.82 | % | 21.01 | % | (24.36 | %) | 11.34 | % | 9.19 | % | |||||||||||
Net assets end of year (000’s) | $ | 114,303 | $ | 111,706 | $ | 93,268 | $ | 116,569 | $ | 110,701 | |||||||||||
Ratio and supplemental data | |||||||||||||||||||||
Expenses to average net assets:(d) | |||||||||||||||||||||
After reimbursement/fee waiver | 1.26 | % | 1.28 | % | 1.24 | % | 1.25 | % | 1.26 | % | |||||||||||
Before reimbursement/fee waiver | 1.26 | % | 1.28 | % | 1.24 | % | 1.25 | % | 1.26 | % | |||||||||||
Net investment income, to average net assets(b),(e) | 2.81 | % | 3.71 | % | 2.72 | % | 2.59 | % | 1.78 | % | |||||||||||
Portfolio turnover rate(f) | 16 | % | 27 | % | 10 | % | 32 | % | 29 | % |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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Transamerica Asset Allocation — Conservative Portfolio | |||||||||||||||||||||
Class C | |||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Net asset value | |||||||||||||||||||||
Beginning of year | $ | 10.37 | $ | 8.96 | $ | 12.35 | $ | 11.73 | $ | 11.32 | |||||||||||
Investment operations | |||||||||||||||||||||
From net investment income(a),(b) | 0.29 | 0.34 | 0.29 | 0.30 | 0.21 | ||||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 0.82 | 1.46 | (3.19 | ) | 0.86 | 0.80 | |||||||||||||||
Total from investment operations | 1.11 | 1.80 | (2.90 | ) | 1.16 | 1.01 | |||||||||||||||
Distributions | |||||||||||||||||||||
Net investment income | (0.32 | ) | (0.39 | ) | (0.25 | ) | (0.22 | ) | (0.28 | ) | |||||||||||
Net realized gains on affiliated investments | — | — | (0.24 | ) | (0.32 | ) | (0.32 | ) | |||||||||||||
Total distributions | (0.32 | ) | (0.39 | ) | (0.49 | ) | (0.54 | ) | (0.60 | ) | |||||||||||
Net asset value | |||||||||||||||||||||
End of year | $ | 11.16 | $ | 10.37 | $ | 8.96 | $ | 12.35 | $ | 11.73 | |||||||||||
Total return(c) | 10.92 | % | 21.09 | % | (24.30 | %) | 11.31 | % | 9.25 | % | |||||||||||
Net assets end of year (000’s) | $ | 601,625 | $ | 488,315 | $ | 364,153 | $ | 336,981 | $ | 257,675 | |||||||||||
Ratio and supplemental data | |||||||||||||||||||||
Expenses to average net assets:(d) | |||||||||||||||||||||
After reimbursement/fee waiver | 1.22 | % | 1.23 | % | 1.22 | % | 1.22 | % | 1.23 | % | |||||||||||
Before reimbursement/fee waiver | 1.22 | % | 1.23 | % | 1.22 | % | 1.22 | % | 1.23 | % | |||||||||||
Net investment income, to average net assets(b),(e) | 2.75 | % | 3.69 | % | 2.61 | % | 2.60 | % | 1.82 | % | |||||||||||
Portfolio turnover rate(f) | 16 | % | 27 | % | 10 | % | 32 | % | 29 | % |
Transamerica | ||||
Asset | ||||
Allocation — | ||||
Conservative | ||||
Portfolio | ||||
Class I | ||||
October 31, | ||||
For a share outstanding throughout each period | 2010 (g) | |||
Net asset value | ||||
Beginning of period | $ | 10.69 | ||
Investment operations | ||||
From net investment income(a),(b) | 0.22 | |||
From net realized and unrealized gain on affiliated investments | 0.75 | |||
Total from investment operations | 0.97 | |||
Distributions | ||||
Net investment income | (0.42 | ) | ||
Net asset value | ||||
End of year | $ | 11.24 | ||
Total return(c) | 9.39 | %(h) | ||
Net assets end of year (000’s) | $ | 10,813 | ||
Ratio and supplemental data | ||||
Expenses to average net assets:(d) | ||||
After reimbursement/fee waiver | 0.28 | %(i) | ||
Before reimbursement/fee waiver | 0.28 | %(i) | ||
Net investment income, to average net assets(b) | 2.24 | %(i) | ||
Portfolio turnover rate(f) | 16 | %(h) |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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Transamerica Asset Allocation — Conservative Portfolio | |||||||||||||||||||||
Class R | |||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 (j) | ||||||||||||||||
Net asset value | |||||||||||||||||||||
Beginning of period/year | $ | 10.49 | $ | 9.05 | $ | 12.47 | $ | 11.84 | $ | 11.30 | |||||||||||
Investment operations | |||||||||||||||||||||
From net investment income(a),(b) | 0.27 | 0.37 | 0.35 | 0.33 | 0.13 | ||||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 0.88 | 1.49 | (3.23 | ) | 0.85 | 0.47 | |||||||||||||||
Total from investment operations | 1.15 | 1.86 | (2.88 | ) | 1.18 | 0.60 | |||||||||||||||
Distributions | |||||||||||||||||||||
Net investment income | (0.35 | ) | (0.42 | ) | (0.30 | ) | (0.23 | ) | (0.06 | ) | |||||||||||
Net realized gains on affiliated investments | — | — | (0.24 | ) | (0.32 | ) | — | ||||||||||||||
Total distributions | (0.35 | ) | (0.42 | ) | (0.54 | ) | (0.55 | ) | (0.06 | ) | |||||||||||
Net asset value | |||||||||||||||||||||
End of year | $ | 11.29 | $ | 10.49 | $ | 9.05 | $ | 12.47 | $ | 11.84 | |||||||||||
Total return(c) | 11.23 | % | 21.59 | % | (23.98 | %) | 11.89 | % | 5.35 | %(h) | |||||||||||
Net assets end of year (000’s) | $ | 3,061 | $ | 1,509 | $ | 1,089 | $ | 645 | $ | 53 | |||||||||||
Ratio and supplemental data | |||||||||||||||||||||
Expenses to average net assets:(d) | |||||||||||||||||||||
After reimbursement/fee waiver | 0.88 | % | 0.89 | % | 0.82 | % | 0.86 | % | 0.66 | %(i) | |||||||||||
Before reimbursement/fee waiver | 0.88 | % | 0.89 | % | 0.82 | % | 0.86 | % | 0.66 | %(i) | |||||||||||
Net investment income, to average net assets(b),(e) | 2.56 | % | 3.97 | % | 3.14 | % | 2.71 | % | 3.03 | %(i) | |||||||||||
Portfolio turnover rate(f) | 16 | % | 27 | % | 10 | % | 32 | % | 29 | %(h) | |||||||||||
Transamerica Asset Allocation — Growth Portfolio | |||||||||||||||||||||
Class A | |||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Net asset value | |||||||||||||||||||||
Beginning of year | $ | 9.92 | $ | 8.87 | $ | 15.46 | $ | 13.44 | $ | 11.99 | |||||||||||
Investment operations | |||||||||||||||||||||
From net investment income(a),(b) | 0.05 | 0.12 | 0.15 | 0.23 | 0.03 | ||||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 1.48 | 1.12 | (6.29 | ) | 2.53 | 1.89 | |||||||||||||||
Total from investment operations | 1.53 | 1.24 | (6.14 | ) | 2.76 | 1.92 | |||||||||||||||
Distributions | |||||||||||||||||||||
Net investment income | (0.09 | ) | (0.19 | ) | (0.02 | ) | (0.29 | ) | (0.11 | ) | |||||||||||
Net realized gains on affiliated investments | — | — | (0.43 | ) | (0.45 | ) | (0.36 | ) | |||||||||||||
Total distributions | (0.09 | ) | (0.19 | ) | (0.45 | ) | (0.74 | ) | (0.47 | ) | |||||||||||
Net asset value | |||||||||||||||||||||
End of year | $ | 11.36 | $ | 9.92 | $ | 8.87 | $ | 15.46 | $ | 13.44 | |||||||||||
Total return(c) | 15.55 | % | 14.46 | % | (40.75 | %) | 21.35 | % | 16.38 | % | |||||||||||
Net assets end of year (000’s) | $ | 645,459 | $ | 574,500 | $ | 495,257 | $ | 781,872 | $ | 502,488 | |||||||||||
Ratio and supplemental data | |||||||||||||||||||||
Expenses to average net assets:(d) | |||||||||||||||||||||
After reimbursement/fee waiver | 0.68 | % | 0.73 | % | 0.65 | % | 0.64 | % | 0.65 | % | |||||||||||
Before reimbursement/fee waiver | 0.68 | % | 0.73 | % | 0.65 | % | 0.64 | % | 0.65 | % | |||||||||||
Net investment income, to average net assets(b),(e) | 0.45 | % | 1.41 | % | 1.20 | % | 1.62 | % | 0.22 | % | |||||||||||
Portfolio turnover rate(f) | 10 | % | 47 | % | 12 | % | 18 | % | 22 | % |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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Transamerica Asset Allocation — Growth Portfolio | |||||||||||||||||||||
Class B | |||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Net asset value | |||||||||||||||||||||
Beginning of year | $ | 9.70 | $ | 8.63 | $ | 15.13 | $ | 13.17 | $ | 11.77 | |||||||||||
Investment operations | |||||||||||||||||||||
From net investment income (loss)(a),(b) | (0.02 | ) | 0.07 | 0.08 | 0.14 | (0.05 | ) | ||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 1.44 | 1.10 | (6.15 | ) | 2.47 | 1.85 | |||||||||||||||
Total from investment operations | 1.42 | 1.17 | (6.07 | ) | 2.61 | 1.80 | |||||||||||||||
Distributions | |||||||||||||||||||||
Net investment income | (0.03 | ) | (0.10 | ) | — | (0.20 | ) | (0.04 | ) | ||||||||||||
Net realized gains on affiliated investments | — | — | (0.43 | ) | (0.45 | ) | (0.36 | ) | |||||||||||||
Total distributions | (0.03 | ) | (0.10 | ) | (0.43 | ) | (0.65 | ) | (0.40 | ) | |||||||||||
Net asset value | |||||||||||||||||||||
End of year | $ | 11.09 | $ | 9.70 | $ | 8.63 | $ | 15.13 | $ | 13.17 | |||||||||||
Total return(c) | 14.65 | % | 13.78 | % | (41.15 | %) | 20.54 | % | 15.57 | % | |||||||||||
Net assets end of year (000’s) | $ | 184,263 | $ | 192,054 | $ | 196,817 | $ | 368,186 | $ | 288,719 | |||||||||||
Ratio and supplemental data | |||||||||||||||||||||
Expenses to average net assets:(d) | |||||||||||||||||||||
After reimbursement/fee waiver | 1.35 | % | 1.40 | % | 1.30 | % | 1.29 | % | 1.31 | % | |||||||||||
Before reimbursement/fee waiver | 1.35 | % | 1.40 | % | 1.30 | % | 1.29 | % | 1.31 | % | |||||||||||
Net investment income (loss), to average net assets(b),(e) | (0.18 | %) | 0.84 | % | 0.67 | % | 1.02 | % | (0.42 | %) | |||||||||||
Portfolio turnover rate(f) | 10 | % | 47 | % | 12 | % | 18 | % | 22 | % |
Transamerica Asset Allocation — Growth Portfolio | |||||||||||||||||||||
Class C | |||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Net asset value | |||||||||||||||||||||
Beginning of year | $ | 9.69 | $ | 8.64 | $ | 15.13 | $ | 13.18 | $ | 11.78 | |||||||||||
Investment operations | |||||||||||||||||||||
From net investment income (loss)(a),(b) | (0.01 | ) | 0.08 | 0.08 | 0.14 | (0.05 | ) | ||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 1.45 | 1.08 | (6.14 | ) | 2.48 | 1.85 | |||||||||||||||
Total from investment operations | 1.44 | 1.16 | (6.06 | ) | 2.62 | 1.80 | |||||||||||||||
Distributions | |||||||||||||||||||||
Net investment income | (0.04 | ) | (0.11 | ) | — | (0.22 | ) | (0.04 | ) | ||||||||||||
Net realized gains on affiliated investments | — | — | (0.43 | ) | (0.45 | ) | (0.36 | ) | |||||||||||||
Total distributions | (0.04 | ) | (0.11 | ) | (0.43 | ) | (0.67 | ) | (0.40 | ) | |||||||||||
Net asset value | |||||||||||||||||||||
End of year | $ | 11.09 | $ | 9.69 | $ | 8.64 | $ | 15.13 | $ | 13.18 | |||||||||||
Total return(c) | 14.86 | % | 13.72 | % | (41.08 | %) | 20.60 | % | 15.61 | % | |||||||||||
Net assets end of year (000’s) | $ | 774,914 | $ | 763,086 | $ | 751,881 | $ | 1,270,635 | $ | 876,768 | |||||||||||
Ratio and supplemental data | |||||||||||||||||||||
Expenses to average net assets:(d) | |||||||||||||||||||||
After reimbursement/fee waiver | 1.29 | % | 1.33 | % | 1.26 | % | 1.25 | % | 1.26 | % | |||||||||||
Before reimbursement/fee waiver | 1.29 | % | 1.33 | % | 1.26 | % | 1.25 | % | 1.26 | % | |||||||||||
Net investment income (loss), to average net assets(b),(e) | (0.12 | %) | 0.90 | % | 0.62 | % | 1.03 | % | (0.38 | %) | |||||||||||
Portfolio turnover rate(f) | 10 | % | 47 | % | 12 | % | 18 | % | 22 | % |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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Table of Contents
Transamerica | ||||
Asset | ||||
Allocation — | ||||
Growth | ||||
Portfolio | ||||
Class I | ||||
October 31, | ||||
For a share outstanding throughout each period | 2010 (g) | |||
Net asset value | ||||
Beginning of period | $ | 10.35 | ||
Investment operations | ||||
From net investment loss(a),(b) | (0.02 | ) | ||
From net realized and unrealized gain on affiliated investments | 1.20 | |||
Total from investment operations | 1.18 | |||
Distributions | ||||
Net investment income | (0.14 | ) | ||
Net asset value | ||||
End of year | $ | 11.39 | ||
Total return(c) | 11.57 | %(h) | ||
Net assets end of year (000’s) | $ | 13,112 | ||
Ratio and supplemental data | ||||
Expenses to average net assets:(d) | ||||
After reimbursement/fee waiver | 0.30 | %(i) | ||
Before reimbursement/fee waiver | 0.30 | %(i) | ||
Net investment loss, to average net assets(b) | (0.15 | %)(i) | ||
Portfolio turnover rate(f) | 10 | %(h) |
Transamerica Asset Allocation — Growth Portfolio | |||||||||||||||||||||
Class R | |||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 (j) | ||||||||||||||||
Net asset value | |||||||||||||||||||||
Beginning of period/year | $ | 9.85 | $ | 8.84 | $ | 15.40 | $ | 13.43 | $ | 12.36 | |||||||||||
Investment operations | |||||||||||||||||||||
From net investment income(a),(b) | 0.01 | 0.10 | 0.07 | 0.13 | 0.05 | ||||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 1.49 | 1.12 | (6.20 | ) | 2.60 | 1.02 | |||||||||||||||
Total from investment operations | 1.50 | 1.22 | (6.13 | ) | 2.73 | 1.07 | |||||||||||||||
Distributions | |||||||||||||||||||||
Net investment income | (0.08 | ) | (0.21 | ) | — | (0.31 | ) | — | |||||||||||||
Net realized gains on affiliated investments | — | — | (0.43 | ) | (0.45 | ) | — | ||||||||||||||
Total distributions | (0.08 | ) | (0.21 | ) | (0.43 | ) | (0.76 | ) | — | ||||||||||||
Net asset value | |||||||||||||||||||||
End of year | $ | 11.27 | $ | 9.85 | $ | 8.84 | $ | 15.40 | $ | 13.43 | |||||||||||
Total return(c) | 15.35 | % | 14.35 | % | (40.81 | %) | 21.20 | % | 8.66 | %(h) | |||||||||||
Net assets end of year (000’s) | $ | 3,762 | $ | 2,704 | $ | 1,570 | $ | 884 | $ | 85 | |||||||||||
Ratio and supplemental data | |||||||||||||||||||||
Expenses to average net assets:(d) | |||||||||||||||||||||
After reimbursement/fee waiver | 0.84 | % | 0.85 | % | 0.83 | % | 0.68 | % | 0.67 | %(i) | |||||||||||
Before reimbursement/fee waiver | 0.84 | % | 0.85 | % | 0.83 | % | 0.68 | % | 0.67 | %(i) | |||||||||||
Net investment income, to average net assets(b),(e) | 0.15 | % | 1.09 | % | 0.57 | % | 0.94 | % | 1.08 | %(i) | |||||||||||
Portfolio turnover rate(f) | 10 | % | 47 | % | 12 | % | 18 | % | 22 | %(h) |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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Transamerica Asset Allocation — Moderate Growth Portfolio | |||||||||||||||||||||
Class A | |||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Net asset value | |||||||||||||||||||||
Beginning of year | $ | 10.39 | $ | 9.20 | $ | 14.58 | $ | 13.05 | $ | 11.88 | |||||||||||
Investment operations | |||||||||||||||||||||
From net investment income(a),(b) | 0.19 | 0.28 | 0.26 | 0.33 | 0.15 | ||||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 1.27 | 1.25 | (5.04 | ) | 1.86 | 1.53 | |||||||||||||||
Total from investment operations | 1.46 | 1.53 | (4.78 | ) | 2.19 | 1.68 | |||||||||||||||
Distributions | |||||||||||||||||||||
Net investment income | (0.23 | ) | (0.34 | ) | (0.19 | ) | (0.34 | ) | (0.20 | ) | |||||||||||
Net realized gains on affiliated investments | — | — | (0.41 | ) | (0.32 | ) | (0.31 | ) | |||||||||||||
From return of capital | (0.03 | ) | — | — | — | — | |||||||||||||||
Total distributions | (0.26 | ) | (0.34 | ) | (0.60 | ) | (0.66 | ) | (0.51 | ) | |||||||||||
Net asset value | |||||||||||||||||||||
End of year | $ | 11.59 | $ | 10.39 | $ | 9.20 | $ | 14.58 | $ | 13.05 | |||||||||||
Total return(c) | 14.35 | % | 17.47 | % | (34.01 | %) | 17.48 | % | 14.59 | % | |||||||||||
Net assets end of year (000’s) | $ | 1,202,885 | $ | 1,044,810 | $ | 901,766 | $ | 1,295,568 | $ | 914,835 | |||||||||||
Ratio and supplemental data | |||||||||||||||||||||
Expenses to average net assets:(d) | |||||||||||||||||||||
After reimbursement/fee waiver | 0.62 | % | 0.66 | % | 0.60 | % | 0.60 | % | 0.61 | % | |||||||||||
Before reimbursement/fee waiver | 0.62 | % | 0.66 | % | 0.60 | % | 0.60 | % | 0.61 | % | |||||||||||
Net investment income, to average net assets(b),(e) | 1.80 | % | 2.99 | % | 2.12 | % | 2.42 | % | 1.17 | % | |||||||||||
Portfolio turnover rate(f) | 17 | % | 37 | % | 13 | % | 19 | % | 21 | % | |||||||||||
Transamerica Asset Allocation — Moderate Growth Portfolio | |||||||||||||||||||||
Class B | |||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Net asset value | |||||||||||||||||||||
Beginning of year | $ | 10.34 | $ | 9.12 | $ | 14.45 | $ | 12.94 | $ | 11.80 | |||||||||||
Investment operations | |||||||||||||||||||||
From net investment income(a),(b) | 0.13 | 0.22 | 0.19 | 0.24 | 0.06 | ||||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 1.25 | 1.24 | (5.01 | ) | 1.85 | 1.52 | |||||||||||||||
Total from investment operations | 1.38 | 1.46 | (4.82 | ) | 2.09 | 1.58 | |||||||||||||||
Distributions | |||||||||||||||||||||
Net investment income | (0.16 | ) | (0.24 | ) | (0.10 | ) | (0.26 | ) | (0.13 | ) | |||||||||||
Net realized gains on affiliated investments | — | — | (0.41 | ) | (0.32 | ) | (0.31 | ) | |||||||||||||
From return of capital | (0.03 | ) | — | — | — | — | |||||||||||||||
Total distributions | (0.19 | ) | (0.24 | ) | (0.51 | ) | (0.58 | ) | (0.44 | ) | |||||||||||
Net asset value | |||||||||||||||||||||
End of year | $ | 11.53 | $ | 10.34 | $ | 9.12 | $ | 14.45 | $ | 12.94 | |||||||||||
Total return(c) | 13.57 | % | 16.69 | % | (34.44 | %) | 16.69 | % | 13.74 | % | |||||||||||
Net assets end of year (000’s) | $ | 383,062 | $ | 394,275 | $ | 389,429 | $ | 651,359 | $ | 549,040 | |||||||||||
Ratio and supplemental data | |||||||||||||||||||||
Expenses to average net assets:(d) | |||||||||||||||||||||
After reimbursement/fee waiver | 1.30 | % | 1.33 | % | 1.27 | % | 1.27 | % | 1.28 | % | |||||||||||
Before reimbursement/fee waiver | 1.30 | % | 1.33 | % | 1.27 | % | 1.27 | % | 1.28 | % | |||||||||||
Net investment income, to average net assets(b),(e) | 1.19 | % | 2.39 | % | 1.54 | % | 1.78 | % | 0.51 | % | |||||||||||
Portfolio turnover rate(f) | 17 | % | 37 | % | 13 | % | 19 | % | 21 | % |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 38
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Transamerica Asset Allocation — Moderate Growth Portfolio | |||||||||||||||||||||
Class C | |||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Net asset value | |||||||||||||||||||||
Beginning of year | $ | 10.32 | $ | 9.11 | $ | 14.45 | $ | 12.95 | $ | 11.80 | |||||||||||
Investment operations | |||||||||||||||||||||
From net investment income(a),(b) | 0.13 | 0.22 | 0.18 | 0.24 | 0.07 | ||||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 1.25 | 1.25 | (5.00 | ) | 1.85 | 1.52 | |||||||||||||||
Total from investment operations | 1.38 | 1.47 | (4.82 | ) | 2.09 | 1.59 | |||||||||||||||
Distributions | |||||||||||||||||||||
Net investment income | (0.17 | ) | (0.26 | ) | (0.11 | ) | (0.27 | ) | (0.13 | ) | |||||||||||
Net realized gains on affiliated investments | — | — | (0.41 | ) | (0.32 | ) | (0.31 | ) | |||||||||||||
From return of capital | (0.03 | ) | — | — | — | — | |||||||||||||||
Total distributions | (0.20 | ) | (0.26 | ) | (0.52 | ) | (0.59 | ) | (0.44 | ) | |||||||||||
Net asset value | |||||||||||||||||||||
End of year | $ | 11.50 | $ | 10.32 | $ | 9.11 | $ | 14.45 | $ | 12.95 | |||||||||||
Total return(c) | 13.58 | % | 16.77 | % | (34.44 | %) | 16.74 | % | 13.87 | % | |||||||||||
Net assets end of year (000’s) | $ | 1,606,227 | $ | 1,513,954 | $ | 1,455,012 | $ | 2,098,087 | $ | 1,520,489 | |||||||||||
Ratio and supplemental data | |||||||||||||||||||||
Expenses to average net assets:(d) | |||||||||||||||||||||
After reimbursement/fee waiver | 1.25 | % | 1.28 | % | 1.23 | % | 1.23 | % | 1.24 | % | |||||||||||
Before reimbursement/fee waiver | 1.25 | % | 1.28 | % | 1.23 | % | 1.23 | % | 1.24 | % | |||||||||||
Net investment income, to average net assets(b),(e) | 1.20 | % | 2.43 | % | 1.49 | % | 1.79 | % | 0.55 | % | |||||||||||
Portfolio turnover rate(f) | 17 | % | 37 | % | 13 | % | 19 | % | 21 | % |
Transamerica | ||||
Asset | ||||
Allocation — | ||||
Moderate | ||||
Growth | ||||
Portfolio | ||||
Class I | ||||
October 31, | ||||
For a share outstanding throughout each period | 2010 (g) | |||
Net asset value | ||||
Beginning of period | $ | 10.76 | ||
Investment operations | ||||
From net investment income(a),(b) | 0.09 | |||
From net realized and unrealized gain on affiliated investments | 1.07 | |||
Total from investment operations | 1.16 | |||
Distributions | ||||
Net investment income | (0.28 | ) | ||
From Return of capital | (0.03 | ) | ||
Total distributions | (0.31 | ) | ||
Net asset value | ||||
End of year | $ | 11.61 | ||
Total return(c) | 11.07 | %(h) | ||
Net assets end of year (000’s) | $ | 16,293 | ||
Ratio and supplemental data | ||||
Expenses to average net assets:(d) | ||||
After reimbursement/fee waiver | 0.29 | %(i) | ||
Before reimbursement/fee waiver | 0.29 | %(i) | ||
Net investment income, to average net assets(b) | 0.89 | %(i) | ||
Portfolio turnover rate(f) | 17 | %(h) |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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Transamerica Asset Allocation — Moderate Growth Portfolio | |||||||||||||||||||||
Class R | |||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 (j) | ||||||||||||||||
Net asset value | |||||||||||||||||||||
Beginning of period/year | $ | 10.36 | $ | 9.18 | $ | 14.54 | $ | 13.05 | $ | 12.13 | |||||||||||
Investment operations | |||||||||||||||||||||
From net investment income(a),(b) | 0.15 | 0.25 | 0.22 | 0.24 | 0.10 | ||||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 1.28 | 1.26 | (5.00 | ) | 1.93 | 0.82 | |||||||||||||||
Total from investment operations | 1.43 | 1.51 | (4.78 | ) | 2.17 | 0.92 | |||||||||||||||
Distributions | |||||||||||||||||||||
Net investment income | (0.23 | ) | (0.33 | ) | (0.17 | ) | (0.36 | ) | — | ||||||||||||
Net realized gains on affiliated investments | — | — | (0.41 | ) | (0.32 | ) | — | ||||||||||||||
From return of capital | (0.03 | ) | — | — | — | — | |||||||||||||||
Total distributions | (0.26 | ) | (0.33 | ) | (0.58 | ) | (0.68 | ) | — | ||||||||||||
Net asset value | |||||||||||||||||||||
End of year | $ | 11.53 | $ | 10.36 | $ | 9.18 | $ | 14.54 | $ | 13.05 | |||||||||||
Total return(c) | 14.08 | % | 17.29 | % | (34.08 | %) | 17.31 | % | 7.58 | %(h) | |||||||||||
Net assets end of year (000’s) | $ | 5,413 | $ | 2,873 | $ | 1,969 | $ | 1,983 | $ | 54 | |||||||||||
Ratio and supplemental data | |||||||||||||||||||||
Expenses to average net assets:(d) | |||||||||||||||||||||
After reimbursement/fee waiver | 0.79 | % | 0.82 | % | 0.76 | % | 0.67 | % | 0.66 | %(i) | |||||||||||
Before reimbursement/fee waiver | 0.79 | % | 0.82 | % | 0.76 | % | 0.67 | % | 0.66 | %(i) | |||||||||||
Net investment income, to average net assets(b),(e) | 1.43 | % | 2.68 | % | 1.74 | % | 1.80 | % | 2.08 | %(i) | |||||||||||
Portfolio turnover rate(f) | 17 | % | 37 | % | 13 | % | 19 | % | 21 | %(h) | |||||||||||
Transamerica Asset Allocation — Moderate Portfolio | |||||||||||||||||||||
Class A | |||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Net asset value | |||||||||||||||||||||
Beginning of year | $ | 10.62 | $ | 9.29 | $ | 13.69 | $ | 12.64 | $ | 11.78 | |||||||||||
Investment operations | |||||||||||||||||||||
From net investment income(a),(b) | 0.30 | 0.36 | 0.33 | 0.36 | 0.24 | ||||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 1.04 | 1.40 | (4.05 | ) | 1.40 | 1.15 | |||||||||||||||
Total from investment operations | 1.34 | 1.76 | (3.72 | ) | 1.76 | 1.39 | |||||||||||||||
Distributions | |||||||||||||||||||||
Net investment income | (0.37 | ) | (0.43 | ) | (0.28 | ) | (0.37 | ) | (0.28 | ) | |||||||||||
Net realized gains on affiliated investments | — | — | (0.40 | ) | (0.34 | ) | (0.25 | ) | |||||||||||||
Total distributions | (0.37 | ) | (0.43 | ) | (0.68 | ) | (0.71 | ) | (0.53 | ) | |||||||||||
Net asset value | |||||||||||||||||||||
End of year | $ | 11.59 | $ | 10.62 | $ | 9.29 | $ | 13.69 | $ | 12.64 | |||||||||||
Total return(c) | 12.95 | % | 19.99 | % | (28.41 | %) | 14.51 | % | 12.22 | % | |||||||||||
Net assets end of year (000’s) | $ | 857,469 | $ | 694,532 | $ | 545,646 | $ | 665,013 | $ | 471,902 | |||||||||||
Ratio and supplemental data | |||||||||||||||||||||
Expenses to average net assets:(d) | |||||||||||||||||||||
After reimbursement/fee waiver | 0.61 | % | 0.63 | % | 0.59 | % | 0.59 | % | 0.58 | % | |||||||||||
Before reimbursement/fee waiver | 0.61 | % | 0.63 | % | 0.59 | % | 0.59 | % | 0.58 | % | |||||||||||
Net investment income, to average net assets(b),(e) | 2.78 | % | 3.76 | % | 2.79 | % | 2.83 | % | 1.98 | % | |||||||||||
Portfolio turnover rate(f) | 16 | % | 30 | % | 12 | % | 23 | % | 22 | % |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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Transamerica Asset Allocation — Moderate Portfolio | |||||||||||||||||||||
Class B | |||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Net asset value | |||||||||||||||||||||
Beginning of year | $ | 10.59 | $ | 9.23 | $ | 13.59 | $ | 12.55 | $ | 11.70 | |||||||||||
Investment operations | |||||||||||||||||||||
From net investment income(a),(b) | 0.24 | 0.30 | 0.27 | 0.28 | 0.16 | ||||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 1.02 | 1.39 | (4.05 | ) | 1.39 | 1.15 | |||||||||||||||
Total from investment operations | 1.26 | 1.69 | (3.78 | ) | 1.67 | 1.31 | |||||||||||||||
Distributions | |||||||||||||||||||||
Net investment income | (0.30 | ) | (0.33 | ) | (0.18 | ) | (0.28 | ) | (0.21 | ) | |||||||||||
Net realized gains on affiliated investments | — | — | (0.40 | ) | (0.34 | ) | (0.25 | ) | |||||||||||||
Total distributions | (0.30 | ) | (0.33 | ) | (0.58 | ) | (0.62 | ) | (0.46 | ) | |||||||||||
Net asset value | |||||||||||||||||||||
End of year | $ | 11.55 | $ | 10.59 | $ | 9.23 | $ | 13.59 | $ | 12.55 | |||||||||||
Total return(c) | 12.13 | % | 19.16 | % | (28.87 | %) | 13.73 | % | 11.50 | % | |||||||||||
Net assets end of year (000’s) | $ | 220,658 | $ | 228,151 | $ | 223,209 | $ | 357,175 | $ | 336,385 | |||||||||||
Ratio and supplemental data | |||||||||||||||||||||
Expenses to average net assets:(d) | |||||||||||||||||||||
After reimbursement/fee waiver | 1.28 | % | 1.30 | % | 1.25 | % | 1.25 | % | 1.25 | % | |||||||||||
Before reimbursement/fee waiver | 1.28 | % | 1.30 | % | 1.25 | % | 1.25 | % | 1.25 | % | |||||||||||
Net investment income, to average net assets(b),(e) | 2.24 | % | 3.23 | % | 2.26 | % | 2.21 | % | 1.31 | % | |||||||||||
Portfolio turnover rate(f) | 16 | % | 30 | % | 12 | % | 23 | % | 22 | % | |||||||||||
Transamerica Asset Allocation — Moderate Portfolio | |||||||||||||||||||||
Class C | |||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Net asset value | |||||||||||||||||||||
Beginning of year | $ | 10.55 | $ | 9.21 | $ | 13.58 | $ | 12.55 | $ | 11.70 | |||||||||||
Investment operations | |||||||||||||||||||||
From net investment income(a),(b) | 0.24 | 0.30 | 0.26 | �� | 0.28 | 0.16 | |||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 1.02 | 1.39 | (4.03 | ) | 1.39 | 1.14 | |||||||||||||||
Total from investment operations | 1.26 | 1.69 | (3.77 | ) | 1.67 | 1.30 | |||||||||||||||
Distributions | |||||||||||||||||||||
Net investment income | (0.31 | ) | (0.35 | ) | (0.20 | ) | (0.30 | ) | (0.21 | ) | |||||||||||
Net realized gains on affiliated investments | — | — | (0.40 | ) | (0.34 | ) | (0.25 | ) | |||||||||||||
Total distributions | (0.31 | ) | (0.35 | ) | (0.60 | ) | (0.64 | ) | (0.46 | ) | |||||||||||
Net asset value | |||||||||||||||||||||
End of year | $ | 11.50 | $ | 10.55 | $ | 9.21 | $ | 13.58 | $ | 12.55 | |||||||||||
Total return(c) | 12.22 | % | 19.24 | % | (28.87 | %) | 13.86 | % | 11.46 | % | |||||||||||
Net assets end of year (000’s) | $ | 1,142,029 | $ | 997,766 | $ | 876,977 | $ | 1,159,220 | $ | 905,061 | |||||||||||
Ratio and supplemental data | |||||||||||||||||||||
Expenses to average net assets:(d) | |||||||||||||||||||||
After reimbursement/fee waiver | 1.22 | % | 1.24 | % | 1.21 | % | 1.21 | % | 1.22 | % | |||||||||||
Before reimbursement/fee waiver | 1.22 | % | 1.24 | % | 1.21 | % | 1.21 | % | 1.22 | % | |||||||||||
Net investment income, to average net assets(b),(e) | 2.21 | % | 3.25 | % | 2.21 | % | 2.22 | % | 1.35 | % | |||||||||||
Portfolio turnover rate(f) | 16 | % | 30 | % | 12 | % | 23 | % | 22 | % |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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Transamerica Asset | ||||
Allocation — | ||||
Moderate | ||||
Portfolio | ||||
Class I | ||||
October 31, | ||||
For a share outstanding throughout each period | 2010 (g) | |||
Net asset value | ||||
Beginning of period | $ | 10.94 | ||
Investment operations | ||||
From net investment income(a),(b) | 0.17 | |||
From net realized and unrealized gain on affiliated investments | 0.91 | |||
Total from investment operations | 1.08 | |||
Distributions | ||||
Net investment income | (0.41 | ) | ||
Net asset value | ||||
End of year | $ | 11.61 | ||
Total return(c) | 10.27 | %(h) | ||
Net assets end of year (000’s) | $ | 17,853 | ||
Ratio and supplemental data | ||||
Expenses to average net assets:(d) | ||||
After reimbursement/fee waiver | 0.28 | %(i) | ||
Before reimbursement/fee waiver | 0.28 | %(i) | ||
Net investment income, to average net assets(b) | 1.73 | %(i) | ||
Portfolio turnover rate(f) | 16 | %(h) |
Transamerica Asset Allocation — Moderate Portfolio | |||||||||||||||||||||
Class R | |||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 (j) | ||||||||||||||||
Net asset value | |||||||||||||||||||||
Beginning of period/year | $ | 10.58 | $ | 9.28 | $ | 13.65 | $ | 12.64 | $ | 11.86 | |||||||||||
Investment operations | |||||||||||||||||||||
From net investment income(a),(b) | 0.24 | 0.32 | 0.28 | 0.31 | 0.13 | ||||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 1.06 | 1.42 | (4.02 | ) | 1.42 | 0.65 | |||||||||||||||
Total from investment operations | 1.30 | 1.74 | (3.74 | ) | 1.73 | 0.78 | |||||||||||||||
Distributions | |||||||||||||||||||||
Net investment income | (0.35 | ) | (0.44 | ) | (0.23 | ) | (0.38 | ) | — | ||||||||||||
Net realized gains on affiliated investments | — | — | (0.40 | ) | (0.34 | ) | — | ||||||||||||||
Total distributions | (0.35 | ) | (0.44 | ) | (0.63 | ) | (0.72 | ) | — | ||||||||||||
Net asset value | |||||||||||||||||||||
End of year | $ | 11.53 | $ | 10.58 | $ | 9.28 | $ | 13.65 | $ | 12.64 | |||||||||||
Total return(c) | 12.60 | % | 19.81 | % | (28.57 | %) | 14.31 | % | 6.58 | %(h) | |||||||||||
Net assets end of year (000’s) | $ | 4,278 | $ | 2,211 | $ | 959 | $ | 610 | $ | 53 | |||||||||||
Ratio and supplemental data | |||||||||||||||||||||
Expenses to average net assets:(d) | |||||||||||||||||||||
After reimbursement/fee waiver | 0.83 | % | 0.86 | % | 0.87 | % | 0.72 | % | 0.66 | %(i) | |||||||||||
Before reimbursement/fee waiver | 0.83 | % | 0.86 | % | 0.87 | % | 0.72 | % | 0.66 | %(i) | |||||||||||
Net investment income, to average net assets(b),(e) | 2.23 | % | 3.38 | % | 2.37 | % | 2.44 | % | 2.73 | %(i) | |||||||||||
Portfolio turnover rate(f) | 16 | % | 30 | % | 12 | % | 23 | % | 22 | %(h) |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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Transamerica Multi-Manager Alternative Strategies Portfolio | ||||||||||||||||
Class A | ||||||||||||||||
October 31, | October 31, | October 31, | October 31, | |||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 (k) | ||||||||||||
Net asset value | ||||||||||||||||
Beginning of period/year | $ | 9.35 | $ | 8.30 | $ | 10.78 | $ | 10.00 | ||||||||
Investment operations | ||||||||||||||||
From net investment income(a),(b) | 0.14 | 0.29 | 0.20 | 0.05 | ||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 0.58 | 1.08 | (2.43 | ) | 0.73 | |||||||||||
Total from investment operations | 0.72 | 1.37 | (2.23 | ) | 0.78 | |||||||||||
Distributions | ||||||||||||||||
Net investment income | (0.15 | ) | (0.32 | ) | (0.25 | ) | — | |||||||||
From return of capital | (0.10 | ) | — | — | — | |||||||||||
Total distributions | (0.25 | ) | — | — | — | |||||||||||
Net asset value | ||||||||||||||||
End of year | $ | 9.82 | $ | 9.35 | $ | 8.30 | $ | 10.78 | ||||||||
Total return(c) | 7.83 | % | 17.21 | % | (21.08 | %) | 7.80 | %(h) | ||||||||
Net assets end of year (000’s) | $ | 128,041 | $ | 119,693 | $ | 97,482 | $ | 38,870 | ||||||||
Ratio and supplemental data | ||||||||||||||||
Expenses to average net assets:(d) | ||||||||||||||||
After reimbursement/fee waiver | 0.80 | % | 0.81 | % | 0.84 | %(n) | 0.90 | %(i) | ||||||||
Before reimbursement/fee waiver | 0.80 | % | 0.81 | % | 0.77 | %(n) | 1.29 | %(i) | ||||||||
Net investment income, to average net assets(b),(e) | 1.51 | % | 3.43 | % | 1.98 | % | 0.58 | %(i) | ||||||||
Portfolio turnover rate(f) | 35 | % | 18 | % | 5 | % | — | %(h),(l) | ||||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | ||||||||||||||||
Class C | ||||||||||||||||
October 31, | October 31, | October 31, | October 31, | |||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 (k) | ||||||||||||
Net asset value | ||||||||||||||||
Beginning of period/year | $ | 9.27 | $ | 8.23 | $ | 10.72 | $ | 10.00 | ||||||||
Investment operations | ||||||||||||||||
From net investment income (loss)(a),(b) | 0.08 | 0.24 | 0.15 | (0.01 | ) | |||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 0.57 | 1.06 | (2.42 | ) | 0.73 | |||||||||||
Total from investment operations | 0.65 | 1.30 | (2.27 | ) | 0.72 | |||||||||||
Distributions | ||||||||||||||||
Net investment income | (0.09 | ) | (0.26 | ) | (0.22 | ) | — | |||||||||
From return of capital | (0.10 | ) | — | — | — | |||||||||||
Total distributions | (0.19 | ) | — | — | — | |||||||||||
Net asset value | ||||||||||||||||
End of year | $ | 9.73 | $ | 9.27 | $ | 8.23 | $ | 10.72 | ||||||||
Total return(c) | 7.12 | % | 16.37 | % | (21.52 | %) | 7.20 | %(h) | ||||||||
Net assets end of year (000’s) | $ | 114,662 | $ | 96,376 | $ | 89,701 | $ | 49,306 | ||||||||
Ratio and supplemental data | ||||||||||||||||
Expenses to average net assets:(d) | ||||||||||||||||
After reimbursement/fee waiver | 1.44 | % | 1.45 | % | 1.52 | %(n) | 1.55 | %(i) | ||||||||
Before reimbursement/fee waiver | 1.44 | % | 1.45 | % | 1.43 | %(n) | 1.99 | %(i) | ||||||||
Net investment income (loss), to average net assets(b),(e) | 0.82 | % | 2.92 | % | 1.53 | % | (0.07 | %)(i) | ||||||||
Portfolio turnover rate(f) | 35 | % | 18 | % | 5 | % | — | %(h),(l) |
Transamerica Funds | Annual Report 2010 |
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Transamerica | ||||
Multi-Manager | ||||
Alternative | ||||
Strategies | ||||
Portfolio | ||||
Class I | ||||
October 31, | ||||
For a share outstanding throughout each period | 2010 (g) | |||
Net asset value | ||||
Beginning of period | $ | 9.49 | ||
Investment operations | ||||
From net investment income(a),(b) | 0.07 | |||
From net realized and unrealized gain on affiliated investments | 0.57 | |||
Total from investment operations | 0.64 | |||
Distributions | ||||
Net investment income | (0.19 | ) | ||
From return of capital | (0.10 | ) | ||
Total distributions | (0.29 | ) | ||
Net asset value | ||||
End of year | $ | 9.84 | ||
Total return(c) | 6.90 | %(h) | ||
Net assets end of year (000’s) | $ | 34,131 | ||
Ratio and supplemental data | ||||
Expenses to average net assets:(d) | ||||
After reimbursement/fee waiver | 0.50 | %(i) | ||
Before reimbursement/fee waiver | 0.50 | %(i) | ||
Net investment income, to average net assets(b) | 0.82 | %(i) | ||
Portfolio turnover rate(f) | 35 | %(h) |
Transamerica Multi-Manager International Portfolio | ||||||||||||||||||||
Class A | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 (m) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of period/year | $ | 8.53 | $ | 6.57 | $ | 13.24 | $ | 10.63 | $ | 10.00 | ||||||||||
Investment operations | ||||||||||||||||||||
From net investment income (loss)(a),(b) | 0.09 | 0.17 | 0.27 | 0.32 | (0.04 | ) | ||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 1.33 | 1.84 | (6.53 | ) | 2.87 | 0.67 | ||||||||||||||
Total from investment operations | 1.42 | 2.01 | (6.26 | ) | 3.19 | 0.63 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.11 | ) | (0.05 | ) | (0.32 | ) | (0.58 | ) | — | |||||||||||
Net realized gains on affiliated investments | — | — | (0.09 | ) | — | — | ||||||||||||||
Total distributions | (0.11 | ) | (0.05 | ) | (0.41 | ) | (0.58 | ) | — | |||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 9.84 | $ | 8.53 | $ | 6.57 | $ | 13.24 | $ | 10.63 | ||||||||||
Total return(c) | 16.80 | % | 30.86 | % | (48.61 | %) | 31.30 | % | 6.30 | %(h) | ||||||||||
Net assets end of year (000’s) | $ | 135,479 | $ | 134,751 | $ | 103,077 | $ | 178,422 | $ | 58,142 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets:(d) | ||||||||||||||||||||
After reimbursement/fee waiver | 0.70 | % | 0.74 | % | 0.65 | % | 0.65 | % | 0.80 | %(i) | ||||||||||
Before reimbursement/fee waiver | 0.70 | % | 0.74 | % | 0.65 | % | 0.65 | % | 0.88 | %(i) | ||||||||||
Net investment income (loss), to average net assets(b),(e) | 1.04 | % | 2.35 | % | 2.59 | % | 2.78 | % | (0.67 | %)(i) | ||||||||||
Portfolio turnover rate(f) | 11 | % | 32 | % | 38 | % | 1 | % | 1 | %(h) |
Transamerica Funds | Annual Report 2010 |
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Table of Contents
Transamerica Multi-Manager International Portfolio | ||||||||||||||||||||
Class B | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 (m) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of period/year | $ | 8.45 | $ | 6.50 | $ | 13.13 | $ | 10.59 | $ | 10.00 | ||||||||||
Investment operations | ||||||||||||||||||||
From net investment income (loss)(a),(b) | 0.02 | 0.01 | 0.21 | 0.23 | (0.09 | ) | ||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 1.32 | 1.94 | (6.50 | ) | 2.86 | 0.68 | ||||||||||||||
Total from investment operations | 1.34 | 1.95 | (6.29 | ) | 3.09 | 0.59 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.05 | ) | — | (0.25 | ) | (0.55 | ) | — | ||||||||||||
Net realized gains on affiliated investments | — | — | (0.09 | ) | — | — | ||||||||||||||
Total distributions | (0.05 | ) | — | (0.34 | ) | (0.55 | ) | — | ||||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 9.74 | $ | 8.45 | $ | 6.50 | $ | 13.13 | $ | 10.59 | ||||||||||
Total return(c) | 15.95 | % | 30.00 | % | (49.04 | %) | 30.32 | % | 5.90 | %(h) | ||||||||||
Net assets end of year (000’s) | $ | 18,432 | $ | 18,010 | $ | 15,781 | $ | 30,060 | $ | 9,849 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets:(d) | ||||||||||||||||||||
After reimbursement/fee waiver | 1.45 | % | 1.45 | % | 1.42 | % | 1.43 | % | 1.45 | %(i) | ||||||||||
Before reimbursement/fee waiver | 1.49 | % | 1.57 | % | 1.42 | % | 1.43 | % | 1.69 | %(i) | ||||||||||
Net investment income (loss), to average net assets(b),(e) | 0.19 | % | 0.08 | % | 1.95 | % | 1.98 | % | (1.32 | %)(i) | ||||||||||
Portfolio turnover rate(f) | 11 | % | 32 | % | 38 | % | 1 | % | 1 | %(h) |
Transamerica Multi-Manager International Portfolio | ||||||||||||||||||||
Class C | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 (m) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of period/year | $ | 8.45 | $ | 6.50 | $ | 13.13 | $ | 10.58 | $ | 10.00 | ||||||||||
Investment operations | ||||||||||||||||||||
From net investment income (loss)(a),(b) | 0.02 | 0.03 | 0.21 | 0.24 | (0.09 | ) | ||||||||||||||
From net realized and unrealized gain (loss) on affiliated investments | 1.33 | 1.92 | (6.49 | ) | 2.86 | 0.67 | ||||||||||||||
Total from investment operations | 1.35 | 1.95 | (6.28 | ) | 3.10 | 0.58 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.05 | ) | — | (0.26 | ) | (0.55 | ) | — | ||||||||||||
Net realized gains on affiliated investments | — | — | (0.09 | ) | — | — | ||||||||||||||
Total distributions | (0.05 | ) | — | (0.35 | ) | (0.55 | ) | — | ||||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 9.75 | $ | 8.45 | $ | 6.50 | $ | 13.13 | $ | 10.58 | ||||||||||
Total return(c) | 16.10 | % | 30.00 | % | (48.98 | %) | 30.45 | % | 5.80 | %(h) | ||||||||||
Net assets end of year (000’s) | $ | 144,849 | $ | 132,777 | $ | 128,742 | $ | 250,419 | $ | 76,650 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets:(d) | ||||||||||||||||||||
After reimbursement/fee waiver | 1.36 | % | 1.43 | % | 1.31 | % | 1.31 | % | 1.45 | %(i) | ||||||||||
Before reimbursement/fee waiver | 1.36 | % | 1.43 | % | 1.31 | % | 1.31 | % | 1.53 | %(i) | ||||||||||
Net investment income (loss), to average net assets(b),(e) | 0.27 | % | 0.50 | % | 2.01 | % | 2.08 | % | (1.32 | %)(i) | ||||||||||
Portfolio turnover rate(f) | 11 | % | 32 | % | 38 | % | 1 | % | 1 | %(h) |
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Transamerica | ||||
Multi-Manager | ||||
International | ||||
Portfolio | ||||
Class I | ||||
October 31, | ||||
For a share outstanding throughout each period | 2010 (g) | |||
Net asset value | ||||
Beginning of period | $ | 8.84 | ||
Investment operations | ||||
From net investment loss(a),(b) | (0.02 | ) | ||
From net realized and unrealized gain on affiliated investments | 1.19 | |||
Total from investment operations | 1.17 | |||
Distributions | ||||
Net investment income | (0.15 | ) | ||
Net asset value | ||||
End of year | $ | 9.86 | ||
Total return(c) | 13.41 | %(h) | ||
Net assets end of year (000’s) | $ | 28,047 | ||
Ratio and supplemental data | ||||
Expenses to average net assets:(d) | ||||
After reimbursement/fee waiver | 0.34 | %(i) | ||
Before reimbursement/fee waiver | 0.34 | %(i) | ||
Net investment loss, to average net assets(b) | (0.21 | %)(i) | ||
Portfolio turnover rate(f) | 11 | %(h) |
(a) | Calculated based on average number of shares outstanding. | |
(b) | Recognition of net investment income by the portfolio is affected by the timing of the declaration of dividends by the underlying affiliated investment companies in which the portfolio invests. | |
(c) | Total return has been calculated for the applicable period without deduction of a sales load, if any, on an initial purchase. | |
(d) | Does not include expenses of the investment companies in which the portfolio invests. | |
(e) | Includes redemption fees, if any. The impact of redemption fees is less than 0.01% for Class A, Class B, Class C, and Class R, respectively. The Portfolios, effective March 1, 2009, no longer charges redemption fees. | |
(f) | Does not include the portfolio activity of the underlying affiliated funds. | |
(g) | Commenced operations on November 30, 2009. | |
(h) | Not annualized. | |
(i) | Annualized. | |
(j) | Commenced operations on June 15, 2006. | |
(k) | Commenced operations on December 28, 2006. | |
(l) | Amount rounds to less than 1%. | |
(m) | Commenced operations on March 1, 2006. | |
(n) | Includes recaptured expenses by the investment adviser. | |
Note: | Prior to October 31,2009, all of the financial highlights were audited by another independent registered public accounting firm. |
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At October 31, 2010
(all amounts in thousands)
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At October 31, 2010
(all amounts in thousands)
Market | % of Portfolio’s | |||||||
Portfolio Name | Value | Net Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | ||||||||
Class R | $ | 61 | 0.01 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | ||||||||
Class R | 51 | — | (a) | |||||
Transamerica Asset Allocation-Moderate Growth Portfolio | ||||||||
Class R | 56 | — | (a) | |||||
Transamerica Asset Allocation-Moderate Portfolio | ||||||||
Class R | 59 | — | (a) | |||||
Transamerica Multi-Manager Alternative Strategies Portfolio | ||||||||
Class A | 269 | 0.10 | ||||||
Class C | 262 | 0.09 |
(a) | Amount rounds to less than 0.01%. |
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At October 31, 2010
(all amounts in thousands)
Transamerica Asset Allocation — Conservative Portfolio | ||||
ANA | 0.10 | % | ||
Transamerica Asset Allocation — Growth Portfolio | ||||
ANA | 0.10 | |||
Transamerica Asset Allocation — Moderate Growth Portfolio | ||||
ANA | 0.10 | |||
Transamerica Asset Allocation — Moderate Portfolio | ||||
ANA | 0.10 | |||
Transamerica Multi-Manager Alternative Strategies Portfolio | ||||
First $500 million | 0.20 | |||
Over $500 million up to $1 billion | 0.19 | |||
Over $1 billion | 0.18 | |||
Transamerica Multi — Manager International Portfolio | ||||
ANA | 0.10 |
Portfolio Name | Expense Limit | |||
Transamerica Asset Allocation — Conservative Portfolio | 0.45 | % | ||
Transamerica Asset Allocation — Growth Portfolio | 0.45 | |||
Transamerica Asset Allocation — Moderate Growth Portfolio | 0.45 | |||
Transamerica Asset Allocation — Moderate Portfolio | 0.45 | |||
Transamerica Multi-Manager Alternative Strategies Portfolio | 0.55 | |||
Transamerica Multi-Manager International Portfolio* | 0.45 |
* | This Portfolio may not recapture any fees waived and/or reimbursed prior to March 1, 2008. |
Transamerica Multi-Manager International Portfolio | Reimbursement of Class Expenses | Available for Recapture Through | ||||||
Fiscal Year 2009: | ||||||||
Class B | $ | 18 | 10/31/2012 | |||||
Fiscal Year 2010: | ||||||||
Class B | 7 | 10/31/2013 |
Transamerica Asset Allocation — Conservative Portfolio | ||||
Received by Underwriter | $ | 3,481 | ||
Retained by Underwriter | 585 | |||
Contingent Deferred Sales Charge | 310 | |||
Transamerica Asset Allocation — Growth Portfolio | ||||
Received by Underwriter | 2,641 | |||
Retained by Underwriter | 402 | |||
Contingent Deferred Sales Charge | 400 | |||
Transamerica Asset Allocation — Moderate Growth Portfolio | ||||
Received by Underwriter | 6,364 | |||
Retained by Underwriter | 994 | |||
Contingent Deferred Sales Charge | 785 | |||
Transamerica Asset Allocation — Moderate Portfolio | ||||
Received by Underwriter | 5,510 | |||
Retained by Underwriter | 891 | |||
Contingent Deferred Sales Charge | 464 | |||
Transamerica Multi-Manager Alternative Strategies Portfolio | ||||
Received by Underwriter | 828 | |||
Retained by Underwriter | 126 | |||
Contingent Deferred Sales Charge | 24 | |||
Transamerica Multi-Manager International Portfolio | ||||
Received by Underwriter | 302 | |||
Retained by Underwriter | 47 | |||
Contingent Deferred Sales Charge | 73 |
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At October 31, 2010
(all amounts in thousands)
Portfolio Name | Fees Paid to TFS | Due to TFS | ||||||
Transamerica Asset Allocation — Conservative Portfolio | $ | 1,043 | $ | 91 | ||||
Transamerica Asset Allocation — Growth Portfolio | 2,558 | 190 | ||||||
Transamerica Asset Allocation — Moderate Growth Portfolio | 3,738 | 288 | ||||||
Transamerica Asset Allocation — Moderate Portfolio | 2,023 | 166 | ||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 373 | 31 | ||||||
Transamerica Multi-Manager International Portfolio | 544 | 38 |
Purchases of securities: | �� | Proceeds from maturities and sales of securities: | ||||||||||||||
Portfolio Name | Long-term | U.S. Government | Long-term | U.S. Government | ||||||||||||
Transamerica Asset Allocation — Conservative Portfolio | $ | 340,234 | $ | — | $ | 170,732 | $ | — | ||||||||
Transamerica Asset Allocation — Growth Portfolio | 161,734 | — | 292,571 | — | ||||||||||||
Transamerica Asset Allocation — Moderate Growth Portfolio | 511,868 | — | 603,561 | — | ||||||||||||
Transamerica Asset Allocation — Moderate Portfolio | 463,784 | — | 335,991 | — | ||||||||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 131,328 | — | 85,448 | — | ||||||||||||
Transamerica Multi-Manager International Portfolio | 32,805 | — | 34,408 | — |
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At October 31, 2010
(all amounts in thousands)
Fund | Capital Loss Carryforwards | Available Through | ||||
Transamerica Asset Allocation — Conservative Portfolio | $ | 35,255 | October 31, 2017 | |||
Transamerica Asset Allocation — Conservative Portfolio | 1,840 | October 31, 2018 | ||||
Transamerica Asset Allocation — Growth Portfolio | 176,408 | October 31, 2017 | ||||
Transamerica Asset Allocation — Growth Portfolio | 25,849 | October 31, 2018 | ||||
Transamerica Asset Allocation — Moderate Growth Portfolio | 219,887 | October 31, 2017 | ||||
Transamerica Asset Allocation — Moderate Growth Portfolio | 26,156 | October 31, 2018 | ||||
Transamerica Asset Allocation — Moderate Portfolio | 69,947 | October 31, 2017 | ||||
Transamerica Asset Allocation — Moderate Portfolio | 13,271 | October 31, 2018 | ||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 151 | October 31, 2016 | ||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 4,502 | October 31, 2017 | ||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 3,781 | October 31, 2018 | ||||
Transamerica Multi-Manager International Portfolio | 36,280 | October 31, 2016 | ||||
Transamerica Multi-Manager International Portfolio | 51,739 | October 31, 2017 | ||||
Transamerica Multi-Manager International Portfolio | 4,935 | October 31, 2018 |
2010 Distributions Paid From: | 2009 Distributions Paid From: | |||||||||||||||||||||||
Ordinary | Long-term | Return | Ordinary | Long-term | Return | |||||||||||||||||||
income | Capital Gain | of Capital | income | Capital Gain | of Capital | |||||||||||||||||||
Transamerica Asset Allocation — Conservative Portfolio | $ | 33,276 | $ | — | $ | — | $ | 33,484 | $ | — | $ | — | ||||||||||||
Transamerica Asset Allocation — Growth Portfolio | 8,843 | — | — | 21,902 | — | — | ||||||||||||||||||
Transamerica Asset Allocation — Moderate Growth Portfolio | 63,765 | — | — | 83,048 | — | — | ||||||||||||||||||
Transamerica Asset Allocation — Moderate Portfolio | 61,102 | — | — | 65,813 | — | — | ||||||||||||||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 5,281 | — | — | 6,303 | — | — | ||||||||||||||||||
Transamerica Multi-Manager International Portfolio | 2,730 | — | — | 770 | — | — |
Undistributed | Other | Net Unrealized | ||||||||||||||||||
Undistributed | Long-term | Capital Loss | Temporary | Appreciation | ||||||||||||||||
Fund | Ordinary income | Capital Gain | Carryforward | Differences | (Depreciation)* | |||||||||||||||
Transamerica Asset Allocation — Conservative Portfolio | $ | 740 | $ | — | $ | (37,095 | ) | $ | — | $ | 91,435 | |||||||||
Transamerica Asset Allocation — Growth Portfolio | 1,433 | — | (202,257 | ) | — | 87,111 | ||||||||||||||
Transamerica Asset Allocation — Moderate Growth Portfolio | — | — | (246,043 | ) | — | 182,045 | ||||||||||||||
Transamerica Asset Allocation — Moderate Portfolio | 7,062 | — | (83,218 | ) | — | 154,169 | ||||||||||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | — | — | (8,434 | ) | — | (1,714 | ) | |||||||||||||
Transamerica Multi-Manager International Portfolio | 1,314 | — | (92,954 | ) | — | 10,816 |
(a) | Rounds to less than $1. | |
* | Amounts include unrealized gain/loss from wash sales, if applicable. |
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December 23, 2010
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TAX INFORMATION
Qualified Dividend | ||||
Portfolio | Income | |||
Transamerica Asset Allocation — Conservative Portfolio | $ | 3,023 | ||
Transamerica Asset Allocation — Growth Portfolio | 14,678 | |||
Transamerica Asset Allocation — Moderate Growth Portfolio | 35,844 | |||
Transamerica Asset Allocation — Moderate Portfolio | 14,288 | |||
Transamerica Multi-Manager Alternative Strategies Portfolio | 1,485 | |||
Transamerica Multi-Manager International Portfolio | 3,050 |
Dividend Received | ||||
Portfolio | Deduction Percentage | |||
Transamerica Asset Allocation — Conservative Portfolio | 8.66 | % | ||
Transamerica Asset Allocation — Growth Portfolio | 100.00 | % | ||
Transamerica Asset Allocation — Moderate Growth Portfolio | 40.06 | % | ||
Transamerica Asset Allocation — Moderate Portfolio | 19.72 | % | ||
Transamerica Multi-Manager Alternative Strategies Portfolio | 15.40 | % | ||
Transamerica Multi-Manager International Portfolio | 9.17 | % |
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(unaudited)
Number of | ||||||||||||
Funds in | ||||||||||||
Term of | Complex | |||||||||||
Office and | Overseen | |||||||||||
Position(s) Held | Length of | Principal Occupation(s) During | by Board | Other | ||||||||
Name and Age | with Trust | Time Served* | Past 5 Years | Member | Directorships | |||||||
INTERESTED BOARD MEMBER** | ||||||||||||
John K. Carter (1961) | Chairman, Board Member, President, and Chief Executive Officer | Since 1999 | Chairman and Board Member (2008 — 2010), President (2007 — 2010), Chief Executive Officer (2006 — 2010), Vice President, Secretary and Chief Compliance Officer (2003 — 2006), Transamerica Investors, Inc. (“TII”); | 152 | N/A | |||||||
Chairman, Board Member, President and Chief Executive Officer, TPP, TPFG, TPFG II and TAAVF (2007 — present); | ||||||||||||
Chairman (2007 — present), Board Member (2006 — present), President and Chief Executive Officer (2006 — present), Senior Vice President (1999 — 2006), Chief Compliance Officer, General Counsel and Secretary (1999 — 2006), Transamerica Funds and TST; | ||||||||||||
Chairman (2007 — present), Board Member (2006 — present), President and Chief Executive Officer (2006 — present), Senior Vice President (2002 — 2006), General Counsel, Secretary and Chief Compliance Officer (2002 — 2006), TIS; | ||||||||||||
Chairman, President and Chief Executive Officer (2006 — present), Director (2002 — present), Senior Vice President (1999 — 2006), General Counsel and Secretary (2000 — 2006), Chief Compliance Officer (2004 — 2006), TAM; | ||||||||||||
Chairman, President and Chief Executive Officer (2006 — present), Senior Vice President (1999 — 2006), Director (2002 — present), General Counsel and Secretary (2001 — 2006), Transamerica Fund Services, Inc. (“TFS”); |
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Number of | ||||||||||||
Funds in | ||||||||||||
Term of | Complex | |||||||||||
Office and | Overseen | |||||||||||
Position(s) Held | Length of | Principal Occupation(s) During | by Board | Other | ||||||||
Name and Age | with Trust | Time Served* | Past 5 Years | Member | Directorships | |||||||
Vice President, AFSG Securities Corporation (2001 — present); | ||||||||||||
Senior Vice President, General Counsel and Secretary, Transamerica Index Funds, Inc. (“TIF”) (2002 — 2004); and | ||||||||||||
Director, (2008 — present), Vice President, Transamerica Investment Services, Inc. (“TISI”) (2003 — 2005) and Transamerica Investment Management, LLC (“TIM”) (2001 — 2005). | ||||||||||||
INDEPENDENT BOARD MEMBERS*** | ||||||||||||
Sandra N. Bane (1952) | Board Member | Since 2008 | Retired (1999 — present); Partner, KPMG (1975 — 1999); Board Member, TII (2003 — 2010); and Board Member, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (2008 — present). | 152 | Big 5 Sporting Goods (2002 — present); AGL Resources, Inc. (energy services holding company) (2008 — present) | |||||||
Leo J. Hill (1956) | Lead Independent Board Member | Since 2002 | Principal, Advisor Network Solutions, LLC (business consulting) (2006 — present); | 152 | N/A | |||||||
Board Member, TST (2001 — present); | ||||||||||||
Board Member, Transamerica Funds and TIS (2002 — present); | ||||||||||||
Board Member, TPP, TPFG, TPFG II and TAAVF (2007 — present); | ||||||||||||
Board Member, TII (2008 — 2010); | ||||||||||||
President, L. J. Hill & Company (a holding company for privately-held assets) (1999 — present); | ||||||||||||
Market President, Nations Bank of Sun Coast Florida (1998 — 1999); | ||||||||||||
Chairman, President and Chief Executive Officer, Barnett Banks of Treasure Coast Florida (1994 — 1998); | ||||||||||||
Executive Vice President and Senior Credit Officer, Barnett Banks of Jacksonville, Florida (1991 — 1994); and | ||||||||||||
Senior Vice President and Senior Loan Administration Officer, Wachovia Bank of Georgia (1976 — 1991). |
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Number of | ||||||||||||
Funds in | ||||||||||||
Term of | Complex | |||||||||||
Office and | Overseen | |||||||||||
Position(s) Held | Length of | Principal Occupation(s) During | by Board | Other | ||||||||
Name and Age | with Trust | Time Served* | Past 5 Years | Member | Directorships | |||||||
David W. Jennings (1946) | Board Member | Since 2009 | Board Member, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (2009 — present); | 152 | N/A | |||||||
Board Member, TII (2009 — 2010); | ||||||||||||
Principal, Maxam Capital Management, LLC (2006 — 2008); and | ||||||||||||
Principal, Cobble Creek Management LP (2004 — 2006). | ||||||||||||
Russell A. Kimball, Jr. (1944) | Board Member | 1986 — 1990 and Since 2002 | General Manager, Sheraton Sand Key Resort (1975 — present); | 152 | N/A | |||||||
Board Member, TST (1986 — present); | ||||||||||||
Board Member, Transamerica Funds, (1986 — 1990), (2002 — present); | ||||||||||||
Board Member, TIS (2002 — present); | ||||||||||||
Board Member, TPP, TPFG, TPFG II and TAAVF (2007 — present); and | ||||||||||||
Board Member, TII (2008 — 2010). | ||||||||||||
Eugene M. Mannella (1954) | Board Member | Since 2007 | Chief Executive Officer, HedgeServ Corporation (hedge fund administration) (2008 — present); | 152 | N/A | |||||||
Self-employed consultant (2006 — present); | ||||||||||||
President, ARAPAHO Partners LLC (limited purpose broker-dealer) (1998 — 2008); | ||||||||||||
Board Member, TPP, TPFG, TPFG II and TAAVF (1993 — present); | ||||||||||||
Board Member, Transamerica Funds, TST and TIS (2007 — present); | ||||||||||||
Board Member, TII (2008 — 2010); and | ||||||||||||
President, International Fund Services (alternative asset administration) (1993 — 2005). |
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Number of | ||||||||||||
Funds in | ||||||||||||
Term of | Complex | |||||||||||
Office and | Overseen | |||||||||||
Position(s) Held | Length of | Principal Occupation(s) During | by Board | Other | ||||||||
Name and Age | with Trust | Time Served* | Past 5 Years | Member | Directorships | |||||||
Norman R. Nielsen, Ph.D. (1939) | Board Member | Since 2006 | Retired (2005 — present); Board Member, Transamerica Funds, TST and TIS (2006 — present); | 152 | Buena Vista University Board of Trustees (2004 — present) | |||||||
Board Member, TPP, TPFG, TPFG II and TAAVF (2007 — present); | ||||||||||||
Board Member, TII (2008 — 2010); | ||||||||||||
Director, Iowa Student Loan Service Corporation (2006 — present); | ||||||||||||
Director, League for Innovation in the Community Colleges (1985 — 2005); | ||||||||||||
Director, Iowa Health Systems (1994 — 2003); | ||||||||||||
Director, U.S. Bank (1985 — 2006); and | ||||||||||||
President, Kirkwood Community College (1985 — 2005). | ||||||||||||
Joyce G. Norden (1939) | Board Member | Since 2007 | Retired (2004 — present); Board Member, TPFG, TPFG II and TAAVF (1993 — present); Board Member, TPP (2002 — present); | 152 | Board of Governors, Reconstructionist Rabbinical College (2007 — present) | |||||||
Board Member, Transamerica Funds, TST and TIS (2007 — present); | ||||||||||||
Board Member, TII (2008 — 2010); and | ||||||||||||
Vice President, Institutional Advancement, Reconstructionist Rabbinical College (1996 — 2004). | ||||||||||||
Patricia L. Sawyer (1950) | Board Member | Since 2007 | Retired (2007 — present); President/Founder, Smith & Sawyer LLC (management consulting) (1989 — 2007); Board Member, Transamerica Funds, TST and TIS (2007 — present); | 152 | Honorary Trustee, Bryant University (1996 — present) | |||||||
Board Member, TII (2008 — 2010); | ||||||||||||
Board Member, TPP, TPFG, TPFG II and TAAVF (1993 — present); | ||||||||||||
Trustee, Chair of Finance Committee and Chair of Nominating Committee (1987 — 1996), Bryant University; | ||||||||||||
Vice President, American Express (1987 — 1989); | ||||||||||||
Vice President, The Equitable (1986 — 1987); and | ||||||||||||
Strategy Consultant, Booz, Allen & Hamilton (1982 — 1986). |
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Number of | ||||||||||||
Funds in | ||||||||||||
Term of | Complex | |||||||||||
Office and | Overseen | |||||||||||
Position(s) Held | Length of | Principal Occupation(s) During | by Board | Other | ||||||||
Name and Age | with Trust | Time Served* | Past 5 Years | Member | Directorships | |||||||
John W. Waechter (1952) | Board Member | Since 2005 | Attorney, Englander & Fischer, P.A. (2008 — present); Retired (2004 — 2008); Board Member, TST and TIS (2004 — present); Board Member, Transamerica Funds (2005 — present); | 152 | Operation PAR, Inc. (2008 — present); West Central Florida Council — Boy Scouts of America (2008 — present) | |||||||
Board Member, TPP, TPFG, TPFG II and TAAVF (2007 — present); | ||||||||||||
Board Member, TII (2008 — 2010); | ||||||||||||
Employee, RBC Dain Rauscher (securities dealer) (2004); | ||||||||||||
Executive Vice President, Chief Financial Officer and Chief Compliance Officer, William R. Hough & Co. (securities dealer) (1979 — 2004); and | ||||||||||||
Treasurer, The Hough Group of Funds (1993 — 2004). |
* | Each Board Member shall hold office until: 1) his or her successor is elected and qualified or 2) he or she resigns, retires or his or her term as a Board Member is terminated in accordance with the Trust’s Declaration of Trust. | |
** | May be deemed an “interested person” (as that term is defined in the 1940 Act) of the Trust because of his employment with TAM or an affiliate of TAM. | |
*** | Independent Board Member means a Board Member who is not an “interested person” (as defined under the 1940 Act) of the Trust. |
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Term of Office | ||||||
and Length of | Principal Occupation(s) or | |||||
Name and Age | Position | Time Served* | Employment During Past 5 Years | |||
John K. Carter (1961) | Chairman, Board Member, President, and Chief Executive Officer | Since 1999 | See the table above. | |||
Dennis P. Gallagher (1970) | Vice President, General Counsel and Secretary | Since 2006 | Vice President, General Counsel and Secretary, Transamerica Funds, TST and TIS (2006 — present); | |||
Vice President, General Counsel and Secretary, TII, (2006 — 2010); | ||||||
Vice President, General Counsel and Secretary, TPP, TPFG, TPFG II and TAAVF (2007 — present); | ||||||
Director, Senior Vice President, General Counsel, Operations, and Secretary, TAM and TFS (2006 — present); | ||||||
Assistant Vice President, TCI (2007 — present); | ||||||
Director, Deutsche Asset Management (1998 — 2006); and | ||||||
Corporate Associate, Ropes & Gray LLP (1995 — 1998). | ||||||
Robert A. DeVault, Jr. (1965) | Vice President, Treasurer and Principal Financial Officer | Since 2009 | Vice President, Treasurer and Principal Financial Officer, (March 2010 — present), Assistant Treasurer, (2009 — 2010), Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF; | |||
Vice President (March 2010 — present), Assistant Vice President (2007 — 2010) and Manager, Fund Administration, (2002 — 2007), TFS; and | ||||||
Vice President (March 2010 — present), TAM. | ||||||
Christopher A. Staples (1970) | Vice President and Chief Investment Officer | Since 2005 | Vice President and Chief Investment Officer (2007 — 2010); Vice President — Investment Administration (2005 — 2007), TII; | |||
Vice President and Chief Investment Officer (2007 — present), Senior Vice President — Investment Management (2006 — 2007), Vice President - Investment Management (2005 — 2006), Transamerica Funds, TST and TIS; | ||||||
Vice President and Chief Investment Officer, TPP, TPFG, TPFG II and TAAVF (2007 — present); | ||||||
Director (2005 — present), Senior Vice President — Investment Management (2006 — present) and Chief Investment Officer (2007 — present), TAM; | ||||||
Director, TFS (2005 — present); and | ||||||
Assistant Vice President, Raymond James & Associates (1999 — 2004). |
Transamerica Funds | Annual Report 2010 |
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Term of Office | ||||||
and Length of | Principal Occupation(s) or | |||||
Name and Age | Position | Time Served* | Employment During Past 5 Years | |||
Robert S. Lamont, Jr. (1973) | Vice President, Chief Compliance Officer and Conflicts of Interest Officer | Since 2010 | Vice President, Chief Compliance Officer and Conflicts of Interest Officer, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (February 2010 — present); | |||
Vice President and Senior Counsel, TAM and TFS (2007 — present); | ||||||
Senior Counsel, United States Securities and Exchange Commission (2004 — 2007); and | ||||||
Associate, Dechert, LLP (1999 — 2004). | ||||||
Bradley O. Ackerman (1966) | Anti-Money Laundering Officer | Since 2007 | Anti-Money Laundering Officer, TPP, TPFG, TPFG II and TAAVF (2009 — present); | |||
Anti-Money Laundering Officer, Transamerica Funds (2007 — present); | ||||||
Senior Compliance Officer, TAM (2007 — present); and | ||||||
Director, Institutional Services, Rydex Investments (2002 — 2007). | ||||||
Sarah L. Bertrand (1967) | Assistant Secretary | Since 2009 | Assistant Secretary, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (2009 — present); | |||
Assistant Secretary, TII (2009 — 2010); | ||||||
Assistant Vice President and Director, Legal Administration, TAM and TFS (2007 — present); | ||||||
Assistant Secretary and Chief Compliance Officer, 40|86 Series Trust and 40|86 Strategic Income Fund (2000 — 2007); and | ||||||
Second Vice President and Assistant Secretary, Legal and Compliance, 40|86 Capital Management, Inc. (1994 — 2007). | ||||||
Timothy J. Bresnahan (1968) | Assistant Secretary | Since 2009 | Assistant Secretary, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (2009 — present); | |||
Assistant Secretary, TII (2009 — 2010); | ||||||
Counsel, TAM (2008 — present); | ||||||
Counsel (contract), Massachusetts Financial Services, Inc. (2007); | ||||||
Assistant Counsel, BISYS Fund Services Ohio, Inc. (2005 — 2007); and | ||||||
Associate, Greenberg Traurig, P.A. (2004 — 2005). |
Transamerica Funds | Annual Report 2010 |
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Term of Office | ||||||
and Length of | Principal Occupation(s) or | |||||
Name and Age | Position | Time Served* | Employment During Past 5 Years | |||
Margaret A. Cullem-Fiore (1957) | Assistant Secretary | Since 2010 | Assistant Secretary, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (April 2010 — present); | |||
Assistant Vice President, TCI (2009 — present); | ||||||
Vice President and Senior Counsel, TAM and TFS (2006 — present); | ||||||
Vice President and Senior Counsel, Transamerica Financial Advisors, Inc. (2004 — 2007); and | ||||||
Vice President and Senior Counsel, Western Reserve Life Assurance Co. of Ohio (2006). | ||||||
Richard E. Shield, Jr. (1974) | Tax Officer | Since 2008 | Tax Officer, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (2008 — present); | |||
Tax Officer, TII (2008 — 2010); | ||||||
Tax Manager, Jeffrey P. McClanathan, CPA (2006 — 2007) and Gregory, Sharer & Stuart (2005 — 2006); | ||||||
Tax Senior, Kirkland, Russ, Murphy & Tapp, P.A. (2003 — 2005); and | ||||||
Certified Public Accountant, Schultz, Chaipel & Co., LLP (1998 — 2003). | ||||||
Elizabeth Strouse (1974) | Assistant Treasurer | Since 2010 | Assistant Treasurer, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (April 2010 — present); | |||
Director, Fund Financial Services (2009 — present), TFS; | ||||||
Director, Fund Administration, TIAA-CREF (2007 — 2009); and | ||||||
Manager (2006 — 2007) and Senior (2003 — 2006) Accounting and Assurance, PricewaterhouseCoopers, LLC. |
* | Elected and serves at the pleasure of the Board of the Trust. |
Transamerica Funds | Annual Report 2010 |
Page 68
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(unaudited)
Transamerica Funds | Annual Report 2010 |
Page 69
Table of Contents
• | Information we receive from you on applications or other forms, such as your name, address, and account number; |
• | Information about your transactions with us, our affiliates, or others, such as your account balance and purchase/redemption history; and |
• | Information we receive from non-affiliated third parties, including consumer reporting agencies. |
Transamerica Funds | Annual Report 2010 |
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Table of Contents
Clearwater, FL 33758-9012
P.O. Box 9012 • Clearwater, FL 33758-9012
Distributor: Transamerica Capital, Inc.
Table of Contents
October 31, 2010
P.O. Box 9012 • Clearwater, FL 33758-9012
Distributor: Transamerica Capital, Inc.
Table of Contents
John K. Carter | Christopher A. Staples | |
Chairman of the Board, | Vice President & Chief Investment Officer | |
President & Chief Executive Officer | Transamerica Funds | |
Transamerica Funds |
Table of Contents
(formerly, Transamerica High Yield Bond)
(unaudited)
Benjamin D. Miller, CFA
Kevin Bakker, CFA
AEGON USA Investment Management, LLC
Transamerica Funds | Annual Report 2010 |
Page 1
Table of Contents
(formerly, Transamerica High Yield Bond)
(unaudited)
10 Years or | ||||||||||||||||
1 Year | 5 Years | Life of Fund | Inception Date | |||||||||||||
Class A (NAV) | 17.21 | % | 8.36 | % | 7.30 | % | 06/14/1985 | |||||||||
Class A (POP) | 11.66 | % | 7.30 | % | 6.78 | % | 06/14/1985 | |||||||||
BofA Merrill Lynch U.S. High Yield, Cash Pay* | 19.20 | % | 8.85 | % | 8.54 | % | 06/14/1985 | |||||||||
Class B (NAV) | 16.38 | % | 7.59 | % | 6.71 | % | 10/01/1995 | |||||||||
Class B (POP) | 11.38 | % | 7.44 | % | 6.71 | % | 10/01/1995 | |||||||||
Class C (NAV) | 16.54 | % | 7.66 | % | 8.36 | % | 11/11/2002 | |||||||||
Class C (POP) | 15.54 | % | 7.66 | % | 8.36 | % | 11/11/2002 | |||||||||
Class I (NAV) | N/A | N/A | 15.92 | %(a) | 11/30/2009 | |||||||||||
Class I2 (NAV) | 17.74 | % | 8.87 | % | 7.78 | % | 11/08/2004 | |||||||||
Class P (NAV) | N/A | N/A | 16.21 | %(a) | 11/20/2009 | |||||||||||
* | The Bank of America Merrill Lynch U.S. High Yield, Cash Pay Index (“BofA Merrill Lynch U.S. High Yield, Cash Pay”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the previous 10 years. You cannot invest directly in an index. | |
(a) | Not Annualized |
Transamerica Funds | Annual Report 2010 |
Page 2
Table of Contents
(unaudited)
Greg D. Haendel, CFA
Derek S. Brown, CFA
Brian W. Westhoff, CFA
Peter O. Lopez
Transamerica Investment Management, LLC
Transamerica Funds | Annual Report 2010 |
Page 3
Table of Contents
(unaudited)
10 Years or | ||||||||||||||||
1 Year | 5 Years | Life of Fund | Inception Date | |||||||||||||
Class A (NAV) | 23.08 | % | 4.80 | % | 3.25 | % | 12/02/1994 | |||||||||
Class A (POP) | 16.31 | % | 3.62 | % | 2.67 | % | 12/02/1994 | |||||||||
S&P 500* | 16.52 | % | 1.73 | % | (0.02 | )% | 12/02/1994 | |||||||||
Barclays Capital U.S. Aggregate Bond* | 8.01 | % | 6.45 | % | 6.38 | % | 12/02/1994 | |||||||||
Class B (NAV) | 22.15 | % | 4.12 | % | 2.74 | % | 10/01/1995 | |||||||||
Class B (POP) | 17.09 | % | 3.94 | % | 2.74 | % | 10/01/1995 | |||||||||
Class C (NAV) | 22.43 | % | 4.22 | % | 5.40 | % | 11/11/2002 | |||||||||
Class C (POP) | 21.43 | % | 4.22 | % | 5.40 | % | 11/11/2002 | |||||||||
Class I (NAV) | N/A | N/A | 19.52 | %(a) | 11/30/2009 | |||||||||||
Class P (NAV) | N/A | N/A | 18.19 | %(a) | 11/13/2009 | |||||||||||
* | The S&P 500 Composite Stock Index (“S&P 500”) and the Barclays Capital U.S. Aggregate Bond Index (“Barclays Capital U.S. Aggregate Bond”) are unmanaged indices used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the previous 10 years. You cannot invest directly in an index. | |
(a) | Not Annualized |
Transamerica Funds | Annual Report 2010 |
Page 4
Table of Contents
(unaudited)
Peter O. Lopez
Transamerica Investment Management, LLC
Transamerica Funds | Annual Report 2010 |
Page 5
Table of Contents
(unaudited)
10 Years or | ||||||||||||||||
1 Year | 5 Years | Life of Fund | Inception Date | |||||||||||||
Class P (NAV) | 19.31 | % | 3.30 | % | 2.11 | % | 04/01/1998 | |||||||||
S&P 500* | 16.52 | % | 1.73 | % | (0.02 | )% | 04/01/1998 | |||||||||
Class A (NAV) | N/A | N/A | 11.32 | %(a) | 11/13/2009 | |||||||||||
Class A (POP) | N/A | N/A | 5.20 | %(a) | 11/13/2009 | |||||||||||
Class B (NAV) | N/A | N/A | 10.68 | %(a) | 11/13/2009 | |||||||||||
Class B (POP) | N/A | N/A | 5.68 | %(a) | 11/13/2009 | |||||||||||
Class C (NAV) | N/A | N/A | 10.68 | %(a) | 11/13/2009 | |||||||||||
Class C (POP) | N/A | N/A | 9.68 | %(a) | 11/13/2009 | |||||||||||
Class I (NAV) | N/A | N/A | 14.16 | %(a) | 11/30/2009 | |||||||||||
Class I2 (NAV) | N/A | N/A | 12.12 | %(a) | 11/13/2009 | |||||||||||
* | The S&P 500 Composite Stock Index (“S&P 500”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. 10 Years or Life of Fund calculation is based on the previous 10 years. You cannot invest directly in an index. | |
(a) | Not Annualized |
Transamerica Funds | Annual Report 2010 |
Page 6
Table of Contents
(unaudited)
Peter O. Lopez
Brian W. Westhoff, CFA
Derek S. Brown, CFA
Greg D. Haendel, CFA
Transamerica Investment Management, LLC
Transamerica Funds | Annual Report 2010 |
Page 7
Table of Contents
(unaudited)
10 Years or | ||||||||||||||||
1 Year | 5 Years | Life of Fund | Inception Date | |||||||||||||
Class A (NAV) | 14.89 | % | 4.81 | % | 5.38 | % | 06/29/1987 | |||||||||
Class A (POP) | 9.37 | % | 3.80 | % | 4.87 | % | 06/29/1987 | |||||||||
Barclays Capital U.S. Aggregate Bond* | 8.01 | % | 6.45 | % | 6.38 | % | 06/29/1987 | |||||||||
Class B (NAV) | 14.02 | % | 4.12 | % | 4.82 | % | 10/01/1995 | |||||||||
Class B (POP) | 9.02 | % | 3.95 | % | 4.82 | % | 10/01/1995 | |||||||||
Class C (NAV) | 14.15 | % | 4.19 | % | 3.84 | % | 11/11/2002 | |||||||||
Class C (POP) | 13.15 | % | 4.19 | % | 3.84 | % | 11/11/2002 | |||||||||
Class I (NAV) | N/A | N/A | 13.10 | %(a) | 11/30/2009 | |||||||||||
Class I2 (NAV) | 15.39 | % | 5.43 | % | 4.67 | % | 11/08/2004 | |||||||||
* | The Barclays Capital U.S. Aggregate Bond Index (“Barclays Capital U.S. Aggregate Bond“) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the previous 10 years. You cannot invest directly in an index. | |
(a) | Not Annualized |
Transamerica Funds | Annual Report 2010 |
Page 8
Table of Contents
(formerly, Transamerica Legg Mason Partners All Cap)
(unaudited)
Kirk J. Kim
Joshua D. Shaskan, CFA
Transamerica Investment Management, LLC
Transamerica Funds | Annual Report 2010 |
Page 9
Table of Contents
(formerly, Transamerica Legg Mason Partners All Cap)
(unaudited)
10 Years or | ||||||||||||||||
1 Year | 5 Years | Life of Fund | Inception Date | |||||||||||||
Class P (NAV) | 25.87 | % | 5.27 | % | (0.25 | )% | 07/01/1997 | |||||||||
S&P 500* | 16.52 | % | 1.73 | % | (0.02 | )% | 07/01/1997 | |||||||||
Russell 3000®* | 18.34 | % | 2.08 | % | 0.62 | % | 07/01/1997 | |||||||||
Class A (NAV) | N/A | N/A | 17.24 | %(a) | 11/13/2009 | |||||||||||
Class A (POP) | N/A | N/A | 10.74 | %(a) | 11/13/2009 | |||||||||||
Class B (NAV) | N/A | N/A | 16.51 | %(a) | 11/13/2009 | |||||||||||
Class B (POP) | N/A | N/A | 11.51 | %(a) | 11/13/2009 | |||||||||||
Class C (NAV) | N/A | N/A | 16.53 | %(a) | 11/13/2009 | |||||||||||
Class C (POP) | N/A | N/A | 15.53 | %(a) | 11/13/2009 | |||||||||||
Class I (NAV) | N/A | N/A | 19.58 | %(a) | 11/30/2009 | |||||||||||
* | The Russell 3000® Index (“Russell 3000®”) served as the benchmark for the fund prior to November 13, 2009, at which time it was replaced with the S&P 500 Composite Stock Index (“S&P 500”). The S&P 500 and Russell 3000® are unmanaged indices used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. 10 Years or Life of Fund calculation is based on the previous 10 years. You cannot invest directly in an index. | |
(a) | Not Annualized |
Transamerica Funds | Annual Report 2010 |
Page 10
Table of Contents
(unaudited)
John J. Huber, CFA
Transamerica Investment Management, LLC
Transamerica Funds | Annual Report 2010 |
Page 11
Table of Contents
(unaudited)
10 Years or | ||||||||||||||||
1 Year | 5 Years | Life of Fund | Inception Date | |||||||||||||
Class A (NAV) | 30.41 | % | 4.58 | % | 1.22 | % | 03/01/2000 | |||||||||
Class A (POP) | 23.21 | % | 3.40 | % | 0.64 | % | 03/01/2000 | |||||||||
Russell Midcap® Growth* | 28.03 | % | 4.28 | % | 0.20 | % | 03/01/2000 | |||||||||
Class B (NAV) | 29.47 | % | 3.88 | % | 0.57 | % | 03/01/2000 | |||||||||
Class B (POP) | 24.47 | % | 3.71 | % | 0.57 | % | 03/01/2000 | |||||||||
Class C (NAV) | 29.53 | % | 3.93 | % | 8.84 | % | 11/11/2002 | |||||||||
Class C (POP) | 28.53 | % | 3.93 | % | 8.84 | % | 11/11/2002 | |||||||||
Class I (NAV) | N/A | N/A | 26.74 | %(a) | 11/30/2009 | |||||||||||
Class I2 (NAV) | 31.49 | % | N/A | 5.11 | % | 11/15/2005 | ||||||||||
Class P (NAV) | N/A | N/A | 22.97 | %(a) | 11/13/2009 | |||||||||||
* | The Russell Midcap® Growth Index (“Russell Midcap® Growth”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the previous 10 years. You cannot invest directly in an index. | |
(a) | Not Annualized |
Transamerica Funds | Annual Report 2010 |
Page 12
Table of Contents
(unaudited)
Derek S. Brown, CFA
Transamerica Investment Management, LLC
Transamerica Funds | Annual Report 2010 |
Page 13
Table of Contents
(unaudited)
10 Years or | ||||||||||||||||
1 Year | 5 Years | Life of Fund | Inception Date | |||||||||||||
Class I2 (NAV) | 7.37 | % | 5.83 | % | 4.94 | % | 11/08/2004 | |||||||||
BofA Merrill Lynch U.S. Corporate & Government, 1-3 Yrs* | 3.18 | % | 4.70 | % | 4.11 | % | 11/08/2004 | |||||||||
Class A (NAV) | 7.15 | % | N/A | 6.31 | % | 11/01/2007 | ||||||||||
Class A (POP) | 4.50 | % | N/A | 5.40 | % | 11/01/2007 | ||||||||||
Class C (NAV) | 6.32 | % | N/A | 5.54 | % | 11/01/2007 | ||||||||||
Class C (POP) | 5.32 | % | N/A | 5.54 | % | 11/01/2007 | ||||||||||
Class I (NAV) | N/A | N/A | 6.34 | %(a) | 11/30/2009 | |||||||||||
* | The Bank of America Merrill Lynch U.S. Corporate & Government, 1-3 Years Index (“BofA Merrill Lynch U.S. Corporate & Government, 1-3 Yrs”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. 10 Years or Life of Fund calculation is based on the inception date of Class I2 shares. You cannot invest directly in an index. | |
(a) | Not Annualized |
Transamerica Funds | Annual Report 2010 |
Page 14
Table of Contents
(unaudited)
Thomas E. Larkin, III
Joshua D. Shaskan, CFA
Transamerica Investment Management, LLC
Transamerica Funds | Annual Report 2010 |
Page 15
Table of Contents
(unaudited)
10 Years or | ||||||||||||||||
1 Year | 5 Years | Life of Fund | Inception Date | |||||||||||||
Class A (NAV) | 28.33 | % | 7.63 | % | 10.98 | % | 04/02/2001 | |||||||||
Class A (POP) | 21.25 | % | 6.43 | % | 10.33 | % | 04/02/2001 | |||||||||
Russell 2500® Value * | 26.88 | % | 2.77 | % | 8.11 | % | 04/02/2001 | |||||||||
Class B (NAV) | 27.47 | % | 6.94 | % | 10.36 | % | 04/02/2001 | |||||||||
Class B (POP) | 22.47 | % | 6.78 | % | 10.36 | % | 04/02/2001 | |||||||||
Class C (NAV) | 27.57 | % | 6.98 | % | 13.92 | % | 11/11/2002 | |||||||||
Class C (POP) | 26.57 | % | 6.98 | % | 13.92 | % | 11/11/2002 | |||||||||
Class I (NAV) | N/A | N/A | 24.03 | %(a) | 11/30/2009 | |||||||||||
Class I2 (NAV) | 29.00 | % | N/A | 8.08 | % | 11/15/2005 | ||||||||||
* | The Russell 2500® Value Index (“Russell 2500® Value”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of Class A shares. You cannot invest directly in an index. | |
(a) | Not Annualized |
Transamerica Funds | Annual Report 2010 |
Page 16
Table of Contents
(formerly, Transamerica Equity)
(unaudited)
Wellington Management Company, LLP
Transamerica Funds | Annual Report 2010 |
Page 17
Table of Contents
(formerly, Transamerica Equity)
(unaudited)
10 Years or | ||||||||||||||||
1 Year | 5 Years | Life of Fund | Inception Date | |||||||||||||
Class A (NAV) | 18.04 | % | 0.23 | % | (1.08 | )% | 03/01/2000 | |||||||||
Class A (POP) | 11.53 | % | (0.91 | )% | (1.63 | )% | 03/01/2000 | |||||||||
Russell 1000® Growth * | 19.65 | % | 3.21 | % | (2.52 | )% | 03/01/2000 | |||||||||
Class B (NAV) | 17.26 | % | (0.48 | )% | (1.67 | )% | 03/01/2000 | |||||||||
Class B (POP) | 12.26 | % | (0.68 | )% | (1.67 | )% | 03/01/2000 | |||||||||
Class C (NAV) | 17.33 | % | (0.40 | )% | 6.06 | % | 11/11/2002 | |||||||||
Class C (POP) | 16.33 | % | (0.40 | )% | 6.06 | % | 11/11/2002 | |||||||||
Class I (NAV) | N/A | N/A | 13.14 | %(a) | 11/30/2009 | |||||||||||
Class I2 (NAV) | 18.94 | % | N/A | 0.24 | % | 11/15/2005 | ||||||||||
Class P (NAV) | N/A | N/A | 10.56 | %(a) | 11/13/2009 | |||||||||||
Class T (NAV) | 18.83 | % | N/A | (1.87 | )% | 10/27/2006 | ||||||||||
Class T (POP) | 8.74 | % | N/A | (4.02 | )% | 10/27/2006 | ||||||||||
* | The Russell 1000® Growth Index (“Russell 1000® Growth”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the previous 10 years. You cannot invest directly in an index. | |
(a) | Not Annualized |
Transamerica Funds | Annual Report 2010 |
Page 18
Table of Contents
(unaudited)
Actual Expenses | Hypothetical Expenses (b) | |||||||||||||||||||||||
Beginning | Ending Account | Expenses Paid | Ending Account | Expenses Paid | Annualized | |||||||||||||||||||
Fund Name | Account Value | Value | During Period (a) | Value | During Period (a) | Expense Ratio | ||||||||||||||||||
Transamerica AEGON High Yield Bond | ||||||||||||||||||||||||
Class A | $ | 1,000.00 | $ | 1,053.10 | $ | 6.05 | $ | 1,019.31 | $ | 5.96 | 1.17 | % | ||||||||||||
Class B | 1,000.00 | 1,048.10 | 9.45 | 1,015.98 | 9.30 | 1.83 | ||||||||||||||||||
Class C | 1,000.00 | 1,049.90 | 9.20 | 1,016.23 | 9.05 | 1.78 | ||||||||||||||||||
Class I | 1,000.00 | 1,053.20 | 4.24 | 1,021.07 | 4.18 | 0.82 | ||||||||||||||||||
Class I2 | 1,000.00 | 1,054.90 | 3.47 | 1,021.83 | 3.41 | 0.67 | ||||||||||||||||||
Class P | 1,000.00 | 1,052.70 | 4.66 | 1,020.67 | 4.58 | 0.90 | ||||||||||||||||||
Transamerica Balanced | ||||||||||||||||||||||||
Class A | 1,000.00 | 1,072.50 | 8.10 | 1,017.39 | 7.88 | 1.55 | ||||||||||||||||||
Class B | 1,000.00 | 1,068.70 | 11.63 | 1,013.96 | 11.32 | 2.23 | ||||||||||||||||||
Class C | 1,000.00 | 1,069.60 | 10.95 | 1,014.62 | 10.66 | 2.11 | ||||||||||||||||||
Class I | 1,000.00 | 1,073.50 | 7.63 | 1,017.85 | 7.43 | 1.46 | ||||||||||||||||||
Class P | 1,000.00 | 1,075.10 | 5.81 | 1,019.61 | 5.65 | 1.11 | ||||||||||||||||||
Transamerica Diversified Equity | ||||||||||||||||||||||||
Class A | 1,000.00 | 1,022.20 | 7.75 | 1,017.54 | 7.73 | 1.52 | ||||||||||||||||||
Class B | 1,000.00 | 1,019.40 | 11.05 | 1,014.27 | 11.02 | 2.17 | ||||||||||||||||||
Class C | 1,000.00 | 1,019.40 | 11.05 | 1,014.27 | 11.02 | 2.17 | ||||||||||||||||||
Class I | 1,000.00 | 1,023.40 | 5.97 | 1,019.31 | 5.96 | 1.17 | ||||||||||||||||||
Class I2 | 1,000.00 | 1,025.70 | 4.14 | 1,021.12 | 4.13 | 0.81 | ||||||||||||||||||
Class P | 1,000.00 | 1,024.30 | 5.87 | 1,019.41 | 5.85 | 1.15 | ||||||||||||||||||
Transamerica Flexible Income | ||||||||||||||||||||||||
Class A | 1,000.00 | 1,050.50 | 4.96 | 1,020.37 | 4.89 | 0.96 | ||||||||||||||||||
Class B | 1,000.00 | 1,046.20 | 9.44 | 1,015.98 | 9.30 | 1.83 | ||||||||||||||||||
Class C | 1,000.00 | 1,047.40 | 8.77 | 1,016.64 | 8.64 | 1.70 | ||||||||||||||||||
Class I | 1,000.00 | 1,052.00 | 3.83 | 1,021.48 | 3.77 | 0.74 | ||||||||||||||||||
Class I2 | 1,000.00 | 1,052.60 | 3.00 | 1,022.28 | 2.96 | 0.58 |
Transamerica Funds | Annual Report 2010 |
Page 19
Table of Contents
(unaudited)
Actual Expenses | Hypothetical Expenses (b) | ||||||||||||||||||||||||
Beginning | Ending Account | Expenses Paid | Ending Account | Expenses Paid | Annualized | ||||||||||||||||||||
Fund Name | Account Value | Value | During Period (a) | Value | During Period (a) | Expense Ratio | |||||||||||||||||||
Transamerica Focus | |||||||||||||||||||||||||
Class A | $ | 1,000.00 | $ | 1,077.40 | $ | 8.12 | $ | 1,017.39 | $ | 7.88 | 1.55 | % | |||||||||||||
Class B | 1,000.00 | 1,073.20 | 11.50 | 1,014.12 | 11.17 | 2.20 | |||||||||||||||||||
Class C | 1,000.00 | 1,073.30 | 11.50 | 1,014.12 | 11.17 | 2.20 | |||||||||||||||||||
Class I | 1,000.00 | 1,078.40 | 6.29 | 1,019.16 | 6.11 | 1.20 | |||||||||||||||||||
Class P | 1,000.00 | 1,077.30 | 7.44 | 1,018.05 | 7.22 | 1.42 | |||||||||||||||||||
Transamerica Growth Opportunities | |||||||||||||||||||||||||
Class A | 1,000.00 | 1,045.80 | 9.02 | 1,016.38 | 8.89 | 1.75 | |||||||||||||||||||
Class B | 1,000.00 | 1,042.60 | 12.36 | 1,013.11 | 12.18 | 2.40 | |||||||||||||||||||
Class C | 1,000.00 | 1,042.50 | 12.41 | 1,013.06 | 12.23 | 2.40 | |||||||||||||||||||
Class I | 1,000.00 | 1,047.30 | 7.22 | 1,018.15 | 7.12 | 1.40 | |||||||||||||||||||
Class I2 | 1,000.00 | 1,050.30 | 4.55 | 1,020.77 | 4.48 | 0.88 | |||||||||||||||||||
Class P | 1,000.00 | 1,047.90 | 7.17 | 1,018.20 | 7.07 | 1.39 | |||||||||||||||||||
Transamerica Money Market | |||||||||||||||||||||||||
Class A | 1,000.00 | 1,000.00 | 1.31 | 1,023.89 | 1.33 | 0.26 | |||||||||||||||||||
Class B | 1,000.00 | 1,000.00 | 1.31 | 1,023.89 | 1.33 | 0.26 | |||||||||||||||||||
Class C | 1,000.00 | 1,000.00 | 1.31 | 1,023.89 | 1.33 | 0.26 | |||||||||||||||||||
Class I | 1,000.00 | 1,000.10 | 1.26 | 1,023.95 | 1.28 | 0.25 | |||||||||||||||||||
Class I2 | 1,000.00 | 1,000.10 | 1.21 | 1,024.00 | 1.22 | 0.25 | |||||||||||||||||||
Class P | 1,000.00 | 1,000.10 | 1.26 | 1,023.95 | 1.28 | 0.25 | |||||||||||||||||||
Transamerica Short-Term Bond | |||||||||||||||||||||||||
Class A | 1,000.00 | 1,027.30 | 4.24 | 1,021.02 | 4.23 | 0.83 | |||||||||||||||||||
Class C | 1,000.00 | 1,023.30 | 8.11 | 1,017.19 | 8.08 | 1.59 | |||||||||||||||||||
Class I | 1,000.00 | 1,027.30 | 3.32 | 1,021.93 | 3.31 | 0.65 | |||||||||||||||||||
Class I2 | 1,000.00 | 1,027.90 | 2.76 | 1,022.48 | 2.75 | 0.53 | |||||||||||||||||||
Transamerica Small/Mid Cap Value | |||||||||||||||||||||||||
Class A | 1,000.00 | 996.30 | 7.55 | 1,017.64 | 7.63 | 1.50 | |||||||||||||||||||
Class B | 1,000.00 | 993.40 | 10.75 | 1,014.42 | 10.87 | 2.14 | |||||||||||||||||||
Class C | 1,000.00 | 993.90 | 10.45 | 1,014.72 | 10.56 | 2.08 | |||||||||||||||||||
Class I | 1,000.00 | 999.00 | 5.24 | 1,019.96 | 5.30 | 1.04 | |||||||||||||||||||
Class I2 | 1,000.00 | 999.50 | 4.54 | 1,020.67 | 4.58 | 0.90 | |||||||||||||||||||
Transamerica WMC Diversified Growth | |||||||||||||||||||||||||
Class A | 1,000.00 | 1,021.80 | 7.80 | 1,017.49 | 7.78 | 1.52 | |||||||||||||||||||
Class B | 1,000.00 | 1,018.60 | 11.04 | 1,014.27 | 11.02 | 2.17 | |||||||||||||||||||
Class C | 1,000.00 | 1,018.50 | 11.04 | 1,014.27 | 11.02 | 2.17 | |||||||||||||||||||
Class I | 1,000.00 | 1,024.60 | 5.72 | 1,019.56 | 5.70 | 1.12 | |||||||||||||||||||
Class I2 | 1,000.00 | 1,024.80 | 4.13 | 1,021.12 | 4.13 | 0.81 | |||||||||||||||||||
Class P | 1,000.00 | 1,023.00 | 5.86 | 1,019.41 | 5.85 | 1.15 | |||||||||||||||||||
Class T | 1,000.00 | 1,024.90 | 5.05 | 1,020.21 | 5.04 | 0.99 |
(a) | Expenses are calculated using the fund’s annualized expense ratio (as disclosed in the table), multiplied by the average account value for the period, multiplied by the number of days in the period (184 days), and divided by the number of days in the year (365 days). | |
(b) | 5% return per year before expenses. |
Transamerica Funds | Annual Report 2010 |
Page 20
Table of Contents
At October 31, 2010
(The following charts summarize the Schedule of Investments of each fund by asset type)
(unaudited)
Transamerica AEGON High Yield Bond | ||||
(formerly, Transamerica High Yield Bond) | ||||
Corporate Debt Securities | 90.7 | % | ||
Securities Lending Collateral | 18.1 | |||
Repurchase Agreement | 4.8 | |||
Common Stocks | 1.4 | |||
Preferred Corporate Debt Securities | 1.1 | |||
Preferred Stock | 0.3 | |||
Other Assets and Liabilities — Net | (16.4 | ) | ||
Total | 100.0 | % | ||
Transamerica Balanced | ||||
Common Stocks | 66.1 | % | ||
Corporate Debt Securities | 16.8 | |||
Securities Lending Collateral | 13.7 | |||
Mortgage-Backed Securities | 5.8 | |||
U.S. Government Agency Obligations | 3.3 | |||
Warrant | 2.0 | |||
Asset-Backed Securities | 2.0 | |||
Preferred Corporate Debt Securities | 1.7 | |||
Repurchase Agreement | 1.1 | |||
Municipal Government Obligations | 0.5 | |||
U.S. Government Obligations | 0.5 | |||
Other Assets and Liabilities — Net | (13.5 | ) | ||
Total | 100.0 | % | ||
Transamerica Diversified Equity | ||||
Common Stocks | 98.5 | % | ||
Securities Lending Collateral | 13.9 | |||
Repurchase Agreement | 1.5 | |||
Other Assets and Liabilities — Net | (13.9 | ) | ||
Total | 100.0 | % | ||
Transamerica Flexible Income | ||||
Corporate Debt Securities | 63.8 | % | ||
Securities Lending Collateral | 10.2 | |||
Mortgage-Backed Securities | 8.6 | |||
Preferred Corporate Debt Securities | 5.8 | |||
Foreign Government Obligations | 5.4 | |||
Asset-Backed Securities | 5.4 | |||
Common Stocks | 2.1 | |||
U.S. Government Obligations | 1.6 | |||
Municipal Government Obligations | 1.3 | |||
Preferred Stocks | 1.1 | |||
Convertible Bonds | 1.0 | |||
Warrant | 0.9 | |||
Convertible Preferred Stock | 0.8 | |||
U.S. Government Agency Obligation | 0.5 | |||
Repurchase Agreement | 0.2 | |||
Other Assets and Liabilities — NetΩ | (8.7 | ) | ||
Total | 100.0 | % | ||
Transamerica Focus (formerly, Transamerica Legg Mason Partners All Cap) | ||||
Common Stocks | 97.4 | % | ||
Securities Lending Collateral | 4.5 | |||
Repurchase Agreement | 2.6 | |||
Other Assets and Liabilities — Net | (4.5 | ) | ||
Total | 100.0 | % | ||
Transamerica Growth Opportunities | ||||
Common Stocks | 99.4 | % | ||
Securities Lending Collateral | 25.7 | |||
Repurchase Agreement | 0.6 | |||
Other Assets and Liabilities — Net | (25.7 | ) | ||
Total | 100.0 | % | ||
Transamerica Money Market | ||||
Commercial Paper | 75.4 | % | ||
Repurchase Agreements | 14.4 | |||
Short-Term U.S. Government Obligations | 10.3 | |||
Other Assets and Liabilities — Net | (0.1 | ) | ||
Total | 100.0 | % | ||
Transamerica Short-Term Bond | ||||
Corporate Debt Securities | 65.8 | % | ||
Mortgage-Backed Securities | 20.5 | |||
Asset-Backed Securities | 8.6 | |||
Preferred Corporate Debt Securities | 1.4 | |||
Foreign Government Obligation | 1.2 | |||
Municipal Government Obligation | 0.6 | |||
U.S. Government Agency Obligations | 0.5 | |||
Securities Lending Collateral | 0.2 | |||
Repurchase Agreement | 0.0 | * | ||
Other Assets and Liabilities — Net Ω | 1.2 | |||
Total | 100.0 | % | ||
Transamerica Small/Mid Cap Value | ||||
Common Stocks | 99.0 | % | ||
Securities Lending Collateral | 25.2 | |||
Repurchase Agreement | 1.6 | |||
Other Assets and Liabilities — Net | (25.8 | ) | ||
Total | 100.0 | % | ||
Transamerica WMC Diversified Growth | ||||
(formerly, Transamerica Equity) | ||||
Common Stocks | 100.0 | % | ||
Securities Lending Collateral | 7.2 | |||
Repurchase Agreement | 0.1 | |||
Other Assets and Liabilities — Net | (7.3 | ) | ||
Total | 100.0 | % | ||
Ω | The Other Assets and Liabilities — Net category may include, but is not limited to, Forward Currency Contracts, Futures Contracts, Swap Agreements, Written Options and Swaptions, and Securities Sold Short. | |
* | Amount rounds to less than 0.1%. |
Transamerica Funds | Annual Report 2010 |
Page 21
Table of Contents
(formerly, Transamerica High Yield Bond)
SCHEDULE OF INVESTMENTS
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
PREFERRED CORPORATE DEBT SECURITIES - 1.1% | ||||||||
Diversified Financial Services - 0.3% | ||||||||
JPMorgan Chase & Co. — Series 1 | ||||||||
7.90%, 04/30/2018 * Ž | $ | 2,250 | $ | 2,399 | ||||
Insurance - 0.8% | ||||||||
Lincoln National Corp. | ||||||||
7.00%, 05/17/2066 * | 5,650 | 5,508 | ||||||
Total Preferred Corporate Debt Securities (cost $5,717) | 7,907 | |||||||
CORPORATE DEBT SECURITIES - 90.7% | ||||||||
Aerospace & Defense - 2.9% | ||||||||
Alliant Techsystems, Inc. | ||||||||
6.75%, 04/01/2016 ^ | 3,880 | 4,025 | ||||||
6.88%, 09/15/2020 | 1,050 | 1,105 | ||||||
BE Aerospace, Inc. | ||||||||
6.88%, 10/01/2020 | 3,100 | 3,294 | ||||||
8.50%, 07/01/2018 | 1,800 | 2,016 | ||||||
Bombardier, Inc. | ||||||||
7.50%, 03/15/2018 - 144A | 450 | 492 | ||||||
7.75%, 03/15/2020 - 144A | 1,300 | 1,443 | ||||||
Hexcel Corp. | ||||||||
6.75%, 02/01/2015 ^ | 3,850 | 3,917 | ||||||
Spirit Aerosystems, Inc. | ||||||||
7.50%, 10/01/2017 | 2,795 | 2,935 | ||||||
Triumph Group, Inc. | ||||||||
8.63%, 07/15/2018 | 1,500 | 1,650 | ||||||
Auto Components - 0.3% | ||||||||
Lear Corp. | ||||||||
7.88%, 03/15/2018 | 1,180 | 1,283 | ||||||
8.13%, 03/15/2020 ^ | 440 | 490 | ||||||
Automobiles - 0.1% | ||||||||
Motors Liquidation Co. | ||||||||
7.13%, 07/15/2013 Џ | 450 | 158 | ||||||
7.20%, 01/15/2011 Џ | 1,800 | 625 | ||||||
8.10%, 06/15/2024 Џ | 575 | 196 | ||||||
Beverages - 1.6% | ||||||||
Constellation Brands, Inc. | ||||||||
7.25%, 09/01/2016 - 05/15/2017 ^ | 7,550 | 8,297 | ||||||
Cott Beverages, Inc. | ||||||||
8.13%, 09/01/2018 ^ | 1,145 | 1,239 | ||||||
8.38%, 11/15/2017 | 1,570 | 1,703 | ||||||
Building Products - 0.6% | ||||||||
Associated Materials LLC | ||||||||
9.13%, 11/01/2017 - 144A | 1,050 | 1,103 | ||||||
Masco Corp. | ||||||||
7.75%, 08/01/2029 ^ | 2,950 | 2,865 | ||||||
Chemicals - 2.5% | ||||||||
Huntsman International LLC | ||||||||
5.50%, 06/30/2016 ^ | 2,575 | 2,559 | ||||||
7.38%, 01/01/2015 ^ | 2,900 | 2,976 | ||||||
8.63%, 03/15/2020 ^ | 1,150 | 1,258 | ||||||
Lyondell Chemical Co. | ||||||||
8.00%, 11/01/2017 - 144A | 1,500 | 1,643 | ||||||
Nova Chemicals Corp. | ||||||||
3.75%, 11/15/2013 * | 6,125 | 5,963 | ||||||
8.38%, 11/01/2016 | 1,100 | 1,202 | ||||||
8.63%, 11/01/2019 ^ | 1,850 | 2,054 | ||||||
Commercial Services & Supplies - 1.2% | ||||||||
Aramark Corp. | ||||||||
8.50%, 02/01/2015 ^ | 1,450 | 1,523 | ||||||
Ceridian Corp. | ||||||||
11.25%, 11/15/2015 ^ | 2,930 | 2,849 | ||||||
12.25%, 11/15/2015 Ώ | 346 | 337 | ||||||
Koppers, Inc. | ||||||||
7.88%, 12/01/2019 ^ | 3,320 | 3,594 | ||||||
Computers & Peripherals - 0.7% | ||||||||
Seagate Technology HDD Holdings, Inc. | ||||||||
6.80%, 10/01/2016 ^ | 4,795 | 4,897 | ||||||
Construction Materials - 1.7% | ||||||||
AGY Holding Corp. | ||||||||
11.00%, 11/15/2014 | 600 | 551 | ||||||
Ply Gem Industries, Inc. | ||||||||
11.75%, 06/15/2013 | 7,120 | 7,645 | ||||||
13.13%, 07/15/2014 ^ | 3,700 | 3,954 | ||||||
Consumer Finance - 1.9% | ||||||||
American General Finance Corp. | ||||||||
5.38%, 10/01/2012 | 5,247 | 4,984 | ||||||
5.85%, 06/01/2013 ^ | 3,725 | 3,455 | ||||||
6.90%, 12/15/2017 | 5,750 | 4,787 | ||||||
Containers & Packaging - 2.2% | ||||||||
Ball Corp. | ||||||||
6.63%, 03/15/2018 | 1,500 | 1,556 | ||||||
6.75%, 09/15/2020 ^ | 1,150 | 1,265 | ||||||
Cascades, Inc. | ||||||||
7.75%, 12/15/2017 | 2,305 | 2,463 | ||||||
7.88%, 01/15/2020 | 750 | 805 | ||||||
Graphic Packaging International, Inc. | ||||||||
7.88%, 10/01/2018 ^ | 2,400 | 2,538 | ||||||
9.50%, 06/15/2017 ^ | 1,300 | 1,433 | ||||||
Jefferson Smurfit Corp. (Escrow Certificates) | ||||||||
8.25%, 10/01/2012 ‡ | 7,745 | 310 | ||||||
Owens-Brockway Glass Container, Inc. | ||||||||
6.75%, 12/01/2014 | 3,335 | 3,411 | ||||||
Sealed Air Corp. | ||||||||
6.88%, 07/15/2033 - 144A | 2,100 | 1,979 | ||||||
Diversified Consumer Services - 1.7% | ||||||||
Ford Holdings LLC | ||||||||
9.30%, 03/01/2030 ^ | 5,225 | 6,532 | ||||||
Service Corp., International | ||||||||
6.75%, 04/01/2015 | 350 | 368 | ||||||
6.75%, 04/01/2016 ^ | 4,800 | 5,058 | ||||||
7.00%, 06/15/2017 ^ | 175 | 186 | ||||||
Diversified Financial Services - 7.1% | ||||||||
Ally Financial, Inc. | ||||||||
6.75%, 12/01/2014 ^ | 6,240 | 6,536 | ||||||
8.00%, 03/15/2020 - 144A | 1,600 | 1,768 | ||||||
8.30%, 02/12/2015 - 144A | 900 | 981 | ||||||
CIT Group, Inc. | ||||||||
7.00%, 05/01/2014 - 05/01/2017 ^ | 13,220 | 13,196 | ||||||
Ford Motor Credit Co., LLC | ||||||||
6.63%, 08/15/2017 | 700 | 783 | ||||||
7.00%, 04/15/2015 ^ | 4,000 | 4,421 | ||||||
9.88%, 08/10/2011 ^ | 4,500 | 4,770 | ||||||
Nuveen Investments, Inc. | ||||||||
10.50%, 11/15/2015 ^ | 8,360 | 8,735 | ||||||
Reynolds Group Issuer, Inc. | ||||||||
7.13%, 04/15/2019 - 144A ^ | 1,800 | 1,877 | ||||||
9.00%, 04/15/2019 - 144A | 5,175 | 5,376 | ||||||
Umbrella Acquisition, Inc. | ||||||||
9.75%, 03/15/2015 - 144A ^Ώ | 2,096 | 2,199 |
Transamerica Funds | Annual Report 2010 |
Page 22
Table of Contents
(formerly, Transamerica High Yield Bond)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
Diversified Telecommunication Services - 4.4% | ||||||||
Frontier Communications Corp. | ||||||||
8.50%, 04/15/2020 | $ | 220 | $ | 254 | ||||
9.00%, 08/15/2031 | 6,515 | 7,264 | ||||||
Intelsat Corp. | ||||||||
9.25%, 06/15/2016 | 1,465 | 1,568 | ||||||
Qwest Communications International, Inc. | ||||||||
7.50%, 02/15/2014 | 2,825 | 2,882 | ||||||
Qwest Communications International, Inc. — Series B | ||||||||
7.50%, 02/15/2014 | 2,615 | 2,667 | ||||||
Sprint Capital Corp. | ||||||||
8.75%, 03/15/2032 | 5,575 | 6,119 | ||||||
Windstream Corp. | ||||||||
7.88%, 11/01/2017 | 2,375 | 2,595 | ||||||
8.63%, 08/01/2016 | 7,100 | 7,543 | ||||||
Electric Utilities - 3.6% | ||||||||
AES Red Oak LLC — Series B | ||||||||
9.20%, 11/30/2029 | 2,225 | 2,228 | ||||||
Dynegy Holdings, Inc. | ||||||||
7.75%, 06/01/2019 | 13,190 | 9,003 | ||||||
Elwood Energy LLC | ||||||||
8.16%, 07/05/2026 | 3,849 | 3,618 | ||||||
Intergen NV | ||||||||
9.00%, 06/30/2017 - 144A | 7,025 | 7,587 | ||||||
LSP Energy, LP | ||||||||
7.16%, 01/15/2014 | 2,367 | 2,005 | ||||||
8.16%, 07/15/2025 | 750 | 523 | ||||||
Energy Equipment & Services - 0.4% | ||||||||
Pride International, Inc. | ||||||||
6.88%, 08/15/2020 | 2,650 | 3,001 | ||||||
Food & Staples Retailing - 1.3% | ||||||||
Rite Aid Corp. | ||||||||
7.50%, 03/01/2017 ^ | 2,000 | 1,928 | ||||||
10.38%, 07/15/2016 ^ | 2,625 | 2,792 | ||||||
SUPERVALU, Inc. | ||||||||
7.50%, 11/15/2014 | 1,600 | 1,612 | ||||||
8.00%, 05/01/2016 ^ | 2,880 | 2,927 | ||||||
Food Products - 1.9% | ||||||||
Del Monte Corp. | ||||||||
6.75%, 02/15/2015 ^ | 1,075 | 1,107 | ||||||
7.50%, 10/15/2019 | 1,100 | 1,207 | ||||||
Dole Food Co., Inc. | ||||||||
8.00%, 10/01/2016 - 144A ^ | 5,370 | 5,705 | ||||||
Simmons Foods, Inc. | ||||||||
10.50%, 11/01/2017 - 144A | 1,800 | 1,800 | ||||||
Tyson Foods, Inc. | ||||||||
7.00%, 05/01/2018 | 2,400 | 2,598 | ||||||
8.25%, 10/01/2011 | 700 | 739 | ||||||
Health Care Equipment & Supplies - 1.0% | ||||||||
Cooper Cos., Inc. | ||||||||
7.13%, 02/15/2015 | 6,725 | 6,977 | ||||||
Health Care Providers & Services - 4.0% | ||||||||
Community Health Systems, Inc. | ||||||||
8.88%, 07/15/2015 | 7,400 | 7,918 | ||||||
DaVita, Inc. | ||||||||
6.38%, 11/01/2018 | 400 | 409 | ||||||
6.63%, 11/01/2020 ^ | 375 | 386 | ||||||
HCA, Inc. | ||||||||
9.25%, 11/15/2016 | 10,275 | 11,122 | ||||||
Healthsouth Corp. | ||||||||
7.75%, 09/15/2022 | 1,600 | 1,690 | ||||||
LifePoint Hospitals, Inc. | ||||||||
6.63%, 10/01/2020 - 144A | 1,100 | 1,158 | ||||||
U.S. Oncology, Inc. | ||||||||
9.13%, 08/15/2017 | 4,970 | 5,529 | ||||||
UHS Escrow Corp. | ||||||||
7.00%, 10/01/2018 - 144A | 400 | 418 | ||||||
Hotels, Restaurants & Leisure - 7.4% | ||||||||
Firekeepers Development Authority | ||||||||
13.88%, 05/01/2015 - 144A | 4,000 | 4,690 | ||||||
GWR Operating Partnership LLP | ||||||||
10.88%, 04/01/2017 - 144A | 2,690 | 2,838 | ||||||
Harrah’s Operating Co., Inc. | ||||||||
10.00%, 12/15/2018 ^ | 4,225 | 3,665 | ||||||
12.75%, 04/15/2018 - 144A ^ | 4,150 | 4,109 | ||||||
Mashantucket Western Pequot Tribe | ||||||||
8.50%, 11/15/2015 - 144A Џ | 6,600 | 924 | ||||||
MGM Resorts International | ||||||||
5.88%, 02/27/2014 ^ | 2,500 | 2,250 | ||||||
7.50%, 06/01/2016 ^ | 2,625 | 2,336 | ||||||
10.38%, 05/15/2014 | 500 | 563 | ||||||
11.38%, 03/01/2018 ^ | 4,300 | 4,461 | ||||||
Mohegan Tribal Gaming Authority | ||||||||
6.13%, 02/15/2013 | 60 | 53 | ||||||
7.13%, 08/15/2014 ^ | 3,275 | 2,243 | ||||||
Royal Caribbean Cruises, Ltd. | ||||||||
6.88%, 12/01/2013 | 1,600 | 1,720 | ||||||
7.00%, 06/15/2013 | 3,000 | 3,248 | ||||||
7.25%, 06/15/2016 ^ | 1,300 | 1,417 | ||||||
Seminole Hard Rock Entertainment, Inc. | ||||||||
2.79%, 03/15/2014 - 144A * | 325 | 288 | ||||||
Seneca Gaming Corp. | ||||||||
7.25%, 05/01/2012 | 5,400 | 5,265 | ||||||
Sheraton Holding Corp. | ||||||||
7.38%, 11/15/2015 ^ | 1,400 | 1,573 | ||||||
Starwood Hotels & Resorts Worldwide, Inc. | ||||||||
6.75%, 05/15/2018 ^ | 1,600 | 1,772 | ||||||
7.15%, 12/01/2019 ^ | 2,500 | 2,819 | ||||||
WMG Acquisition Corp. | ||||||||
9.50%, 06/15/2016 | 2,400 | 2,586 | ||||||
Wynn Las Vegas LLC | ||||||||
7.75%, 08/15/2020 - 144A | 3,215 | 3,488 | ||||||
Household Durables - 4.2% | ||||||||
Beazer Homes USA, Inc. | ||||||||
9.13%, 06/15/2018 | 2,325 | 2,261 | ||||||
12.00%, 10/15/2017 ^ | 3,225 | 3,739 | ||||||
D.R. Horton, Inc. | ||||||||
5.25%, 02/15/2015 ^ | 2,208 | 2,186 | ||||||
Jarden Corp. | ||||||||
7.50%, 01/15/2020 | 1,710 | 1,813 | ||||||
7.50%, 05/01/2017 ^ | 3,390 | 3,606 | ||||||
K. Hovnanian Enterprises, Inc. | ||||||||
10.63%, 10/15/2016 ^ | 3,000 | 3,053 | ||||||
KB Home | ||||||||
9.10%, 09/15/2017 | 4,250 | 4,419 | ||||||
Meritage Homes Corp. | ||||||||
6.25%, 03/15/2015 | 2,580 | 2,593 | ||||||
7.15%, 04/15/2020 | 1,650 | 1,601 | ||||||
Mohawk Industries, Inc. | ||||||||
6.88%, 01/15/2016 ^ | 3,475 | 3,714 | ||||||
Standard Pacific Corp. | ||||||||
8.38%, 05/15/2018 ^ | 675 | 699 |
Transamerica Funds | Annual Report 2010 |
Page 23
Table of Contents
(formerly, Transamerica High Yield Bond)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
Independent Power Producers & Energy Traders - 3.1% | ||||||||
Calpine Corp. | ||||||||
7.50%, 02/15/2021 - 144A | $ | 1,725 | $ | 1,766 | ||||
7.88%, 07/31/2020 - 144A | 3,475 | 3,640 | ||||||
Edison Mission Energy | ||||||||
7.00%, 05/15/2017 ^ | 4,800 | 3,540 | ||||||
7.20%, 05/15/2019 | 6,500 | 4,679 | ||||||
7.75%, 06/15/2016 ^ | 2,000 | 1,610 | ||||||
NRG Energy, Inc. | ||||||||
7.25%, 02/01/2014 | 3,520 | 3,604 | ||||||
7.38%, 01/15/2017 ^ | 2,250 | 2,346 | ||||||
8.25%, 09/01/2020 - 144A | 900 | 954 | ||||||
Insurance - 1.0% | ||||||||
Genworth Financial, Inc. | ||||||||
6.15%, 11/15/2066 *^ | 2,000 | 1,590 | ||||||
Liberty Mutual Group, Inc. | ||||||||
10.75%, 06/15/2058 - 144A * | 4,400 | 5,456 | ||||||
IT Services - 1.8% | ||||||||
SunGard Data Systems, Inc. | ||||||||
9.13%, 08/15/2013 | 6,035 | 6,178 | ||||||
Unisys Corp. | ||||||||
12.50%, 01/15/2016 | 1,250 | 1,400 | ||||||
12.75%, 10/15/2014 - 144A ^ | 991 | 1,194 | ||||||
14.25%, 09/15/2015 - 144A | 3,503 | 4,221 | ||||||
Leisure Equipment & Products - 0.1% | ||||||||
Icon Health & Fitness | ||||||||
11.88%, 10/15/2016 - 144A | 600 | 594 | ||||||
Machinery - 1.1% | ||||||||
Case New Holland, Inc. | ||||||||
7.88%, 12/01/2017 - 144A ^ | 950 | 1,062 | ||||||
Manitowoc Co., Inc. | ||||||||
8.50%, 11/01/2020 ^ | 2,400 | 2,505 | ||||||
Navistar International Corp. | ||||||||
8.25%, 11/01/2021 ^ | 3,610 | 3,957 | ||||||
Media - 4.8% | ||||||||
Cablevision Systems Corp. | ||||||||
7.75%, 04/15/2018 | 3,550 | 3,874 | ||||||
8.00%, 04/15/2020 ^ | 350 | 387 | ||||||
CCO Holdings LLC | ||||||||
7.25%, 10/30/2017 - 144A | 1,750 | 1,807 | ||||||
7.88%, 04/30/2018 - 144A | 1,450 | 1,541 | ||||||
Cengage Learning Acquisitions, Inc. | ||||||||
13.25%, 07/15/2015 - 144A * | 600 | 635 | ||||||
Charter Communications Operating LLC | ||||||||
8.00%, 04/30/2012 - 144A | 3,025 | 3,218 | ||||||
Clear Channel Communications, Inc. | ||||||||
10.75%, 08/01/2016 ^ | 1,000 | 773 | ||||||
Clear Channel Worldwide Holdings, Inc. | ||||||||
9.25%, 12/15/2017 | 3,550 | 3,872 | ||||||
CSC Holdings LLC | ||||||||
7.63%, 07/15/2018 ^ | 4,650 | 5,143 | ||||||
8.50%, 06/15/2015 | 925 | 1,019 | ||||||
DISH DBS Corp. | ||||||||
7.13%, 02/01/2016 | 1,000 | 1,060 | ||||||
7.75%, 05/31/2015 | 4,880 | 5,312 | ||||||
7.88%, 09/01/2019 | 1,700 | 1,864 | ||||||
Nexstar Broadcasting, Inc. | ||||||||
8.88%, 04/15/2017 - 144A | 1,550 | 1,643 | ||||||
Univision Communications, Inc. | ||||||||
7.88%, 11/01/2020 - 144A | 1,850 | 1,943 | ||||||
Metals & Mining - 1.0% | ||||||||
Steel Dynamics, Inc. | ||||||||
7.38%, 11/01/2012 ^ | 3,000 | 3,206 | ||||||
U.S. Steel Corp. | ||||||||
7.00%, 02/01/2018 ^ | 2,535 | 2,592 | ||||||
7.38%, 04/01/2020 ^ | 1,500 | 1,566 | ||||||
Multiline Retail - 2.2% | ||||||||
Bon-Ton Department Stores, Inc. | ||||||||
10.25%, 03/15/2014 | 5,925 | 6,044 | ||||||
JC Penney Corp., Inc. | ||||||||
7.13%, 11/15/2023 ^ | 1,575 | 1,646 | ||||||
7.40%, 04/01/2037 ^ | 3,750 | 3,459 | ||||||
Macy’s Retail Holdings, Inc. | ||||||||
7.45%, 07/15/2017 | 4,100 | 4,623 | ||||||
Oil, Gas & Consumable Fuels - 9.5% | ||||||||
Berry Petroleum Co. | ||||||||
6.75%, 11/01/2020 | 2,500 | 2,581 | ||||||
Chesapeake Energy Corp. | ||||||||
6.63%, 08/15/2020 | 6,200 | 6,564 | ||||||
7.25%, 12/15/2018 ^ | 930 | 1,016 | ||||||
7.63%, 07/15/2013 | 100 | 109 | ||||||
9.50%, 02/15/2015 | 1,400 | 1,624 | ||||||
Connacher Oil and Gas, Ltd. | ||||||||
10.25%, 12/15/2015 - 144A | 2,680 | 2,673 | ||||||
Consol Energy, Inc. | ||||||||
8.00%, 04/01/2017 - 144A | 750 | 821 | ||||||
8.25%, 04/01/2020 - 144A | 2,125 | 2,369 | ||||||
Continental Resources, Inc. | ||||||||
7.13%, 04/01/2021 - 144A ^ | 1,600 | 1,728 | ||||||
8.25%, 10/01/2019 ^ | 1,840 | 2,047 | ||||||
El Paso Corp. | ||||||||
7.25%, 06/01/2018 ^ | 5,475 | 6,075 | ||||||
Energy Transfer Equity, LP | ||||||||
7.50%, 10/15/2020 | 4,625 | 5,041 | ||||||
Hilcorp Energy I, LP | ||||||||
8.00%, 02/15/2020 - 144A | 900 | 950 | ||||||
Kinder Morgan Finance Co. | ||||||||
5.70%, 01/05/2016 | 3,560 | 3,671 | ||||||
Linn Energy LLC | ||||||||
7.75%, 02/01/2021 - 144A | 2,740 | 2,829 | ||||||
Linn Energy LLC Finance Corp. | ||||||||
8.63%, 04/15/2020 - 144A | 2,340 | 2,527 | ||||||
MarkWest Energy Partners LP | ||||||||
6.75%, 11/01/2020 | 2,075 | 2,122 | ||||||
Newfield Exploration Co. | ||||||||
6.63%, 09/01/2014 ^ | 2,175 | 2,224 | ||||||
6.88%, 02/01/2020 | 1,175 | 1,254 | ||||||
7.13%, 05/15/2018 | 295 | 316 | ||||||
OPTI Canada, Inc. | ||||||||
7.88%, 12/15/2014 ^ | 1,590 | 1,193 | ||||||
8.25%, 12/15/2014 | 3,600 | 2,727 | ||||||
9.00%, 12/15/2012 - 144A | 900 | 918 | ||||||
Pioneer Natural Resources Co. | ||||||||
6.65%, 03/15/2017 | 5,825 | 6,289 | ||||||
Plains Exploration & Production Co. | ||||||||
7.00%, 03/15/2017 ^ | 1,400 | 1,449 | ||||||
7.75%, 06/15/2015 ^ | 3,000 | 3,165 | ||||||
Stallion Oilfield Holdings, Ltd. | ||||||||
10.50%, 02/15/2015 - 144A | 400 | 420 |
Transamerica Funds | Annual Report 2010 |
Page 24
Table of Contents
(formerly, Transamerica High Yield Bond)
At October 31, 2010
(all amounts except share amounts in thousands)
Principal | Value | |||||||
Oil, Gas & Consumable Fuels (continued) | ||||||||
Tesoro Corp. | ||||||||
6.63%, 11/01/2015 ^ | $ | 2,075 | $ | 2,096 | ||||
Paper & Forest Products - 3.5% | ||||||||
Georgia-Pacific LLC | ||||||||
7.00%, 01/15/2015 - 144A | 3,825 | 3,992 | ||||||
7.13%, 01/15/2017 - 144A | 1,153 | 1,239 | ||||||
Smurfit Kappa Funding PLC | ||||||||
7.75%, 04/01/2015 ^ | 1,000 | 1,028 | ||||||
Verso Paper Holdings LLC | ||||||||
11.50%, 07/01/2014 ^ | 595 | 663 | ||||||
Verso Paper Holdings LLC — Series B | ||||||||
11.38%, 08/01/2016 ^ | 5,525 | 5,318 | ||||||
Westvaco Corp. | ||||||||
8.20%, 01/15/2030 | 3,800 | 4,119 | ||||||
Weyerhaeuser Co. | ||||||||
7.38%, 03/15/2032 ^ | 7,300 | 7,403 | ||||||
Pharmaceuticals - 0.9% | ||||||||
Mylan, Inc. | ||||||||
7.63%, 07/15/2017 - 144A | 1,800 | 1,980 | ||||||
7.88%, 07/15/2020 - 144A | 2,300 | 2,565 | ||||||
Valeant Pharmaceuticals International, Inc. | ||||||||
6.75%, 10/01/2017 - 144A | 600 | 626 | ||||||
7.00%, 10/01/2020 - 144A | 900 | 945 | ||||||
Real Estate Investment Trusts - 2.0% | ||||||||
Host Hotels & Resorts, Inc. | ||||||||
6.00%, 11/01/2020 - 144A | 2,480 | 2,480 | ||||||
Host Hotels & Resorts, LP | ||||||||
7.13%, 11/01/2013 ^ | 2,331 | 2,360 | ||||||
9.00%, 05/15/2017 ^ | 1,300 | 1,466 | ||||||
Host Hotels & Resorts, LP — Series Q | ||||||||
6.75%, 06/01/2016 | 1,150 | 1,195 | ||||||
iStar Financial, Inc. | ||||||||
5.88%, 03/15/2016 ^ | 3,150 | 2,607 | ||||||
8.63%, 06/01/2013 | 5,000 | 4,324 | ||||||
Real Estate Management & Development - 1.1% | ||||||||
First Industrial, LP | ||||||||
5.75%, 01/15/2016 | 2,000 | 1,800 | ||||||
Realogy Corp. | ||||||||
10.50%, 04/15/2014 ^ | 6,305 | 5,659 | ||||||
Road & Rail - 0.7% | ||||||||
Hertz Corp. | ||||||||
7.50%, 10/15/2018 - 144A | 2,500 | 2,575 | ||||||
8.88%, 01/01/2014 ^ | 2,511 | 2,580 | ||||||
Semiconductors & Semiconductor Equipment - 1.4% | ||||||||
Freescale Semiconductor, Inc. | ||||||||
9.25%, 04/15/2018 - 144A | 1,925 | 2,060 | ||||||
10.75%, 08/01/2020 - 144A ^ | 1,770 | 1,836 | ||||||
NXP BV | ||||||||
9.75%, 08/01/2018 - 144A | 5,425 | 5,920 | ||||||
Software - 0.9% | ||||||||
First Data Corp. | ||||||||
9.88%, 09/24/2015 ^ | 7,286 | 6,157 | ||||||
Specialty Retail - 0.2% | ||||||||
Claire’s Stores, Inc. | ||||||||
9.63%, 06/01/2015 Ώ | 800 | 735 | ||||||
10.50%, 06/01/2017 ^ | 600 | 533 | ||||||
Textiles, Apparel & Luxury Goods - 1.1% | ||||||||
Jones Group, Inc. | ||||||||
6.13%, 11/15/2034 | 3,985 | 3,257 | ||||||
Levi Strauss & Co. | ||||||||
7.63%, 05/15/2020 ^ | 2,360 | 2,484 | ||||||
8.88%, 04/01/2016 ^ | 1,200 | 1,272 | ||||||
Phillips-Van Heusen Corp. | ||||||||
7.38%, 05/15/2020 ^ | 1,000 | 1,084 | ||||||
Wireless Telecommunication Services - 1.6% | ||||||||
Nextel Communications, Inc. — Series D | ||||||||
7.38%, 08/01/2015 ^ | 1,925 | 1,932 | ||||||
Nextel Communications, Inc. — Series E | ||||||||
6.88%, 10/31/2013 | 6,270 | 6,317 | ||||||
Sprint Nextel Corp. | ||||||||
9.25%, 04/15/2022 | 2,750 | 3,025 | ||||||
Total Corporate Debt Securities (cost $599,583) | 640,341 | |||||||
Shares | Value | |||||||
PREFERRED STOCK - 0.3% | ||||||||
Diversified Financial Services - 0.3% | ||||||||
Ally Financial, Inc., 7.91% - 144A ▲ | 2,228 | 2,005 | ||||||
Total Preferred Stock (cost $701) | ||||||||
COMMON STOCKS - 1.4% | ||||||||
Containers & Packaging - 0.8% | ||||||||
Smurfit-Stone Container Corp. ‡ | 245,580 | 5,649 | ||||||
Diversified Financial Services - 0.4% | ||||||||
CIT Group, Inc. ‡^ | 68,248 | 2,957 | ||||||
IT Services - 0.2% | ||||||||
Unisys Corp. ‡^ | 61,972 | 1,428 | ||||||
Total Common Stocks (cost $10,433) | 10,034 | |||||||
SECURITIES LENDING COLLATERAL - 18.1% | ||||||||
State Street Navigator Securities Lending | ||||||||
Trust — Prime Portfolio, 0.35% ▲ | 128,069,863 | 128,070 | ||||||
Total Securities Lending Collateral (cost $128,070) | ||||||||
Principal | Value | |||||||
REPURCHASE AGREEMENT - 4.8% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $34,189 on 11/01/2010. Collateralized by U.S. Government Agency Obligations, 4.00%, due 12/15/2017, and with a total value of $34,873. | $ | 34,189 | 34,189 | |||||
Total Repurchase Agreement (cost $34,189) | ||||||||
Total Investment Securities (cost $778,693) # | 822,546 | |||||||
Other Assets and Liabilities — Net | (115,992 | ) | ||||||
Net Assets | $ | 706,554 | ||||||
Transamerica Funds | Annual Report 2010 |
Page 25
Table of Contents
(formerly, Transamerica High Yield Bond)
At October 31, 2010
(all amounts in thousands)
* | Floating or variable rate note. Rate is listed as of 10/29/2010. | |
Ž | The security has a perpetual maturity. The date shown is the next call date. | |
^ | All or a portion of this security is on loan. The value of all securities on loan is $125,479. | |
Џ | In default. | |
Ώ | Payment in-kind. Securities pay interest or dividends in the form of additional bonds or preferred stock. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
‡ | Non-income producing security. | |
# | Aggregate cost for federal income tax purposes is $778,829. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $55,581 and $11,864, respectively. Net unrealized appreciation for tax purposes is $43,717. |
144A | 144A Securities are registered pursuant to Rule 144A of the Securities Act of 1933. These securities are deemed to be liquid for purposes of compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At 10/31/2010, these securities aggregated $124,998, or 17.69%, of the fund’s net assets. |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 10,034 | $ | — | $ | — | $ | 10,034 | ||||||||
Corporate Debt Securities | — | 640,341 | — | 640,341 | ||||||||||||
Preferred Corporate Debt Securities | — | 7,907 | — | 7,907 | ||||||||||||
Preferred Stocks | 2,005 | — | — | 2,005 | ||||||||||||
Repurchase Agreement | — | 34,189 | — | 34,189 | ||||||||||||
Securities Lending Collateral | 128,070 | — | — | 128,070 | ||||||||||||
Total | $ | 140,109 | $ | 682,437 | $ | — | $ | 822,546 | ||||||||
Transamerica Funds | Annual Report 2010 |
Page 26
Table of Contents
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
U.S. GOVERNMENT OBLIGATIONS - 0.5% | ||||||||
U.S. Treasury Bond | ||||||||
4.38%, 11/15/2039 - 05/15/2040 | $ | 1,455 | $ | 1,550 | ||||
Total U.S. Government Obligations (cost $1,526) | ||||||||
U.S. GOVERNMENT AGENCY OBLIGATIONS - 3.3% | ||||||||
Fannie Mae | ||||||||
5.00%, 05/01/2018 - 03/01/2036 | 1,531 | 1,670 | ||||||
5.50%, 07/01/2019 - 11/01/2038 | 7,525 | 8,143 | ||||||
6.00%, 08/01/2036 - 12/01/2037 | 425 | 465 | ||||||
Freddie Mac | ||||||||
5.00%, 04/01/2018 | 89 | 95 | ||||||
5.50%, 09/01/2018 - 11/01/2018 | 89 | 97 | ||||||
Freddie Mac, IO | ||||||||
5.00%, 08/01/2035 | 3,752 | 545 | ||||||
Total U.S. Government Agency Obligations (cost $10,744) | 11,015 | |||||||
MORTGAGE-BACKED SECURITIES - 5.8% | ||||||||
American General Mortgage Loan Trust | ||||||||
Series 2009-1, Class A6 | ||||||||
5.75%, 09/25/2048 - 144A * | 925 | 964 | ||||||
American Tower Trust | ||||||||
Series 2007-1A, Class AFX | ||||||||
5.42%, 04/15/2037 - 144A | 910 | 1,003 | ||||||
Series 2007-1A, Class C | ||||||||
5.62%, 04/15/2037 - 144A | 405 | 431 | ||||||
BCAP LLC Trust | ||||||||
Series 2009-RR10, Class 2A1 | ||||||||
3.08%, 08/26/2035 - 144A * | 725 | 728 | ||||||
Series 2009-RR13, Class 13A3 | ||||||||
5.25%, 03/26/2037 - 144A * | 500 | 513 | ||||||
Series 2009-RR14, Class 1A1 | ||||||||
6.00%, 05/26/2037 - 144A * Ə | 801 | 813 | ||||||
Series 2009-RR3, Class 2A1 | ||||||||
5.60%, 05/26/2037 - 144A * | 363 | 377 | ||||||
Series 2009-RR6, Class 2A1 | ||||||||
5.25%, 08/26/2035 - 144A * | 523 | 508 | ||||||
Series 2010-RR1, Class 12A1 | ||||||||
5.25%, 08/26/2036 - 144A * | 857 | 896 | ||||||
Series 2010-RR6, Class 1A5 | ||||||||
5.00%, 08/26/2022 - 144A * | 448 | 462 | ||||||
Credit Suisse Mortgage Capital Certificates | ||||||||
Series 2009-16R, Class 11A1 | ||||||||
7.00%, 08/26/2036 - 144A | 507 | 541 | ||||||
Series 2010-15R, Class 2A1 | ||||||||
3.50%, 05/26/2036 - 144A * | 527 | 530 | ||||||
Series 2010-18R, Class 3A1 | ||||||||
4.00%, 03/26/2037 - 144A Ə | 700 | 704 | ||||||
Jefferies & Co., Inc. | ||||||||
Series 2009-R2, Class 2A | ||||||||
6.25%, 12/26/2037 - 144A * | 505 | 526 | ||||||
Series 2009-R7, Class 10A3 | ||||||||
6.00%, 12/26/2036 - 144A | 432 | 460 | ||||||
Series 2009-R7, Class 12A1 | ||||||||
5.29%, 08/26/2036 - 144A * | 469 | 473 | ||||||
Series 2009-R7, Class 1A1 | ||||||||
5.58%, 02/26/2036 - 144A * | 730 | 753 | ||||||
Series 2009-R7, Class 4A1 | ||||||||
3.06%, 09/26/2034 - 144A * | 735 | 736 | ||||||
Series 2009-R9, Class 1A1 | ||||||||
5.74%, 08/26/2046 - 144A * | 478 | 483 | ||||||
Series 2010-R2, Class 1A1 | ||||||||
6.00%, 05/26/2036 - 144A | 742 | 783 | ||||||
Series 2010-R3, Class 1A1 | ||||||||
5.52%, 03/21/2036 - 144A * | 522 | 520 | ||||||
Series 2010-R6, Class 1A1 | ||||||||
4.00%, 09/26/2037 - 144A | 505 | 513 | ||||||
JP Morgan Re-REMIC | ||||||||
Series 2009-7, Class 8A1 | ||||||||
5.66%, 01/27/2047 - 144A * | 490 | 492 | ||||||
Series 2010-4, Class 7A1 | ||||||||
4.32%, 08/26/2035 - 144A * | 698 | 707 | ||||||
Series 2010-5, Class 2A2 | ||||||||
4.50%, 07/26/2035 - 144A * | 527 | 535 | ||||||
WaMu Mortgage Pass-Through Certificates | ||||||||
Series 2003-S9, Class A6 | ||||||||
5.25%, 10/25/2033 | 1,640 | 1,670 | ||||||
Wells Fargo Mortgage Backed Securities Trust | ||||||||
Series 2003-G, Class A1 | ||||||||
4.10%, 06/25/2033 * | 804 | 821 | ||||||
Series 2003-L, Class 1A2 | ||||||||
4.51%, 11/25/2033 * | 732 | 758 | ||||||
Wells Fargo Mortgage Loan Trust | ||||||||
Series 2010-RR1, Class 2A1 | ||||||||
0.37%, 08/27/2047 - 144A * | 496 | 489 | ||||||
Total Mortgage-Backed Securities (cost $18,188) | 19,189 | |||||||
ASSET-BACKED SECURITIES - 2.0% | ||||||||
America West Airlines Pass-Through Trust | ||||||||
Series 2001-1, Class G | ||||||||
8.06%, 07/02/2020 | 714 | 757 | ||||||
American Airlines Pass-Through Trust | ||||||||
Series 2001-2, Class A2 | ||||||||
7.86%, 10/01/2011 | 710 | 743 | ||||||
Continental Airlines Pass-Through Trust | ||||||||
Series 2009-1 | ||||||||
9.00%, 07/08/2016 | 494 | 573 | ||||||
Delta Air Lines, Inc. | ||||||||
Series 10-1A | ||||||||
6.20%, 07/02/2018 ^ | 1,060 | 1,134 | ||||||
Gazprom Via Gaz Capital SA | ||||||||
8.13%, 07/31/2014 - 144A | 880 | 1,000 | ||||||
Northwest Airlines Pass-Through Trust | ||||||||
Series 2002-1, Class G2 | ||||||||
6.26%, 11/20/2021 | 1,030 | 1,056 | ||||||
UAL Pass-Through Trust | ||||||||
Series 2009-1 | ||||||||
10.40%, 11/01/2016 | 1,130 | 1,277 | ||||||
Total Asset-Backed Securities (cost $6,154) | 6,540 | |||||||
MUNICIPAL GOVERNMENT OBLIGATIONS - 0.5% | ||||||||
Rhode Island Economic Development Corp. | ||||||||
6.00%, 11/01/2015 § | 610 | 614 | ||||||
State of California | ||||||||
7.95%, 03/01/2036 | 1,130 | 1,188 | ||||||
Total Municipal Government Obligations (cost $1,741) | 1,802 | |||||||
PREFERRED CORPORATE DEBT SECURITIES - 1.7% | ||||||||
Commercial Banks - 1.0% | ||||||||
Barclays Bank PLC | ||||||||
8.55%, 06/15/2011 - 144A * Ž ^ | 990 | 1,006 |
Transamerica Funds | Annual Report 2010 |
Page 27
Table of Contents
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
Commercial Banks (continued) | ||||||||
PNC Financial Services Group, Inc. | ||||||||
8.25%, 05/21/2013 * Ž ^ | $ | 290 | $ | 304 | ||||
Rabobank Nederland NV | ||||||||
11.00%, 06/30/2019 - 144A * Ž | 790 | 1,055 | ||||||
Wells Fargo & Co. | ||||||||
Series K | ||||||||
7.98%, 03/15/2018 * Ž | 950 | 998 | ||||||
Diversified Financial Services - 0.7% | ||||||||
JPMorgan Chase Capital XXV | ||||||||
Series Y | ||||||||
6.80%, 10/01/2037 | 710 | 706 | ||||||
ZFS Finance USA Trust II | ||||||||
6.45%, 06/15/2016 - 144A * | 1,816 | 1,743 | ||||||
Total Preferred Corporate Debt Securities (cost $5,340) | 5,812 | |||||||
CORPORATE DEBT SECURITIES - 16.8% | ||||||||
Auto Components - 0.2% | ||||||||
BorgWarner, Inc. | ||||||||
4.63%, 09/15/2020 | 560 | 585 | ||||||
Building Products - 0.2% | ||||||||
Voto-Votorantim Overseas Trading Operations NV | ||||||||
6.63%, 09/25/2019 - 144A | 765 | 834 | ||||||
Chemicals - 0.2% | ||||||||
Nalco Co. | ||||||||
8.25%, 05/15/2017 | 470 | 523 | ||||||
Commercial Banks - 2.3% | ||||||||
Banco Santander Chile | ||||||||
3.75%, 09/22/2015 - 144A | 610 | 616 | ||||||
Barclays Bank PLC | ||||||||
10.18%, 06/12/2021 - 144A | 750 | 1,000 | ||||||
Fifth Third Bancorp | ||||||||
0.71%, 12/20/2016 * | 1,095 | 986 | ||||||
M&I Marshall & Ilsley Bank | ||||||||
5.00%, 01/17/2017 | 1,015 | 960 | ||||||
Regions Bank | ||||||||
7.50%, 05/15/2018 | 300 | 320 | ||||||
Regions Financial Corp. | ||||||||
5.75%, 06/15/2015 | 865 | 892 | ||||||
Royal Bank of Scotland PLC | ||||||||
4.88%, 03/16/2015 | 460 | 495 | ||||||
Silicon Valley Bank | ||||||||
6.05%, 06/01/2017 | 1,280 | 1,353 | ||||||
Zions Bancorporation | ||||||||
7.75%, 09/23/2014 | 865 | 921 | ||||||
Consumer Finance - 0.2% | ||||||||
Block Financial LLC | ||||||||
7.88%, 01/15/2013 ^ | 745 | 770 | ||||||
Containers & Packaging - 0.4% | ||||||||
Graphic Packaging International, Inc. | ||||||||
9.50%, 06/15/2017 | 470 | 518 | ||||||
Rexam PLC | ||||||||
6.75%, 06/01/2013 - 144A | 921 | 1,000 | ||||||
Diversified Financial Services - 3.2% | ||||||||
Aviation Capital Group | ||||||||
7.13%, 10/15/2020 - 144A | 1,070 | 1,110 | ||||||
Glencore Funding LLC | ||||||||
6.00%, 04/15/2014 - 144A | 995 | 1,038 | ||||||
GTP Towers Issuer LLC | ||||||||
4.44%, 02/15/2015 - 144A | 1,435 | 1,530 | ||||||
International Lease Finance Corp. | ||||||||
6.50%, 09/01/2014 - 144A | 980 | 1,058 | ||||||
Irish Life & Permanent Group Holdings PLC | ||||||||
3.60%, 01/14/2013 - 144A | 990 | 928 | ||||||
Marina District Finance Co., Inc. | ||||||||
9.50%, 10/15/2015 - 144A ^ | 510 | 503 | ||||||
Oaktree Capital Management, LP | ||||||||
6.75%, 12/02/2019 - 144A | 960 | 1,029 | ||||||
QHP Royalty Sub LLC | ||||||||
10.25%, 03/15/2015 - 144A | 521 | 533 | ||||||
Selkirk Cogen Funding Corp. | ||||||||
Series A, Class | ||||||||
8.98%, 06/26/2012 | 772 | 812 | ||||||
TNK-BP Finance SA | ||||||||
6.25%, 02/02/2015 - 144A | 490 | 520 | ||||||
7.50%, 03/13/2013 - 144A | 485 | 526 | ||||||
Unison Ground Lease Funding LLC | ||||||||
6.39%, 04/15/2020 - 144A | 1,260 | 1,343 | ||||||
Electric Utilities - 0.3% | ||||||||
KCP&L Greater Missouri Operations Co. | ||||||||
11.88%, 07/01/2012 | 852 | 980 | ||||||
Energy Equipment & Services - 0.4% | ||||||||
NGPL Pipeco LLC | ||||||||
6.51%, 12/15/2012 - 144A | 840 | 906 | ||||||
Pride International, Inc. | ||||||||
6.88%, 08/15/2020 | 445 | 504 | ||||||
Food & Staples Retailing - 0.4% | ||||||||
Ingles Markets, Inc. | ||||||||
8.88%, 05/15/2017 | 790 | 873 | ||||||
Stater Brothers Holdings, Inc. | ||||||||
8.13%, 06/15/2012 ^ | 325 | 325 | ||||||
Food Products - 0.4% | ||||||||
Lorillard Tobacco Co. | ||||||||
8.13%, 06/23/2019 | 880 | 1,017 | ||||||
Michael Foods, Inc. | ||||||||
9.75%, 07/15/2018 - 144A | 480 | 523 | ||||||
Hotels, Restaurants & Leisure - 0.1% | ||||||||
MGM Resorts International | ||||||||
6.75%, 09/01/2012 | 500 | 493 | ||||||
Insurance - 1.3% | ||||||||
Chubb Corp. | ||||||||
6.38%, 03/29/2067 * | 680 | 698 | ||||||
Fidelity National Financial, Inc. | ||||||||
6.60%, 05/15/2017 | 520 | 536 | ||||||
HCC Insurance Holdings, Inc. | ||||||||
6.30%, 11/15/2019 | 930 | 1,007 | ||||||
Oil Insurance, Ltd. | ||||||||
7.56%, 06/30/2011 - 144A * Ž | 490 | 440 | ||||||
Pacific Life Insurance Co. | ||||||||
9.25%, 06/15/2039 - 144A | 430 | 524 | ||||||
Travelers Cos., Inc. | ||||||||
6.25%, 03/15/2037 * | 1,030 | 1,072 | ||||||
Machinery - 0.4% | ||||||||
Kennametal, Inc. | ||||||||
7.20%, 06/15/2012 | 905 | 940 | ||||||
Metals & Mining - 0.3% | ||||||||
ArcelorMittal | ||||||||
5.25%, 08/05/2020 | 875 | 885 | ||||||
Multi-Utilities - 0.5% | ||||||||
Black Hills Corp. | ||||||||
5.88%, 07/15/2020 | 620 | 651 | ||||||
9.00%, 05/15/2014 | 790 | 936 | ||||||
Oil, Gas & Consumable Fuels - 0.6% | ||||||||
Lukoil International Finance BV | ||||||||
6.38%, 11/05/2014 - 144A ^ | 705 | 760 | ||||||
OPTI Canada, Inc. | ||||||||
8.25%, 12/15/2014 | 660 | 500 |
Transamerica Funds | Annual Report 2010 |
Page 28
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Principal | Value | |||||||
Oil, Gas & Consumable Fuels (continued) | ||||||||
Petroleum Co., of Trinidad & Tobago, Ltd. | ||||||||
9.75%, 08/14/2019 - 144A | $ | 420 | $ | 524 | ||||
Paper & Forest Products - 0.4% | ||||||||
Celulosa Arauco y Constitucion SA | ||||||||
5.00%, 01/21/2021 - 144A | 720 | 742 | ||||||
Exopack Holding Corp. | ||||||||
11.25%, 02/01/2014 | 800 | 833 | ||||||
Real Estate Investment Trusts - 3.1% | ||||||||
BRE Properties, Inc. | ||||||||
5.20%, 03/15/2021 | 1,010 | 1,029 | ||||||
Dexus Property Group | ||||||||
7.13%, 10/15/2014 - 144A | 1,027 | 1,167 | ||||||
Digital Realty Trust, LP | ||||||||
5.88%, 02/01/2020 - 144A | 960 | 1,021 | ||||||
Duke Realty, LP | ||||||||
7.38%, 02/15/2015 | 820 | 942 | ||||||
Entertainment Properties Trust | ||||||||
7.75%, 07/15/2020 - 144A | 880 | 913 | ||||||
Healthcare Realty Trust, Inc. | ||||||||
6.50%, 01/17/2017 | 875 | 961 | ||||||
Kilroy Realty, LP | ||||||||
6.63%, 06/01/2020 - 144A | 950 | 971 | ||||||
PPF Funding, Inc. | ||||||||
5.35%, 04/15/2012 - 144A | 1,007 | 1,033 | ||||||
Tanger Properties, LP | ||||||||
6.13%, 06/01/2020 | 300 | 331 | ||||||
6.15%, 11/15/2015 | 850 | 957 | ||||||
WEA Finance LLC | ||||||||
6.75%, 09/02/2019 - 144A | 867 | 1,021 | ||||||
Real Estate Management & Development - 0.5% | ||||||||
Post Apartment Homes, LP | ||||||||
5.45%, 06/01/2012 | 620 | 644 | ||||||
6.30%, 06/01/2013 | 977 | 1,054 | ||||||
Trading Companies & Distributors - 0.2% | ||||||||
Noble Group, Ltd. | ||||||||
8.50%, 05/30/2013 - 144A | 680 | 769 | ||||||
Wireless Telecommunication Services - 1.2% | ||||||||
Crown Castle Towers LLC | ||||||||
4.88%, 08/15/2020 - 144A | 1,430 | 1,457 | ||||||
6.11%, 01/15/2020 - 144A | 890 | 990 | ||||||
SBA Tower Trust | ||||||||
5.10%, 04/15/2017 - 144A | 1,465 | 1,575 | ||||||
Total Corporate Debt Securities (cost $52,577) | 56,207 | |||||||
Shares | Value | |||||||
COMMON STOCKS - 66.1% | ||||||||
Aerospace & Defense - 1.4% | ||||||||
Precision Castparts Corp. ^ | 33,270 | 4,544 | ||||||
Air Freight & Logistics - 2.6% | ||||||||
CH Robinson Worldwide, Inc. ^ | 70,241 | 4,950 | ||||||
Expeditors International of Washington, Inc. ^ | 72,381 | 3,573 | ||||||
Auto Components - 4.7% | ||||||||
BorgWarner, Inc. ‡^ | 163,296 | 9,163 | ||||||
Johnson Controls, Inc. | 187,313 | 6,578 | ||||||
Capital Markets - 3.0% | ||||||||
Charles Schwab Corp. | 273,166 | 4,207 | ||||||
T. Rowe Price Group, Inc. ^ | 101,348 | 5,601 | ||||||
Chemicals - 1.4% | ||||||||
Sigma-Aldrich Corp. ^ | 73,080 | 4,635 | ||||||
Commercial Banks - 0.6% | ||||||||
Marshall & Ilsley Corp. ^ | 358,377 | 2,118 | ||||||
Communications Equipment - 1.2% | ||||||||
QUALCOMM, Inc. | 85,858 | 3,875 | ||||||
Computers & Peripherals - 3.3% | ||||||||
Apple, Inc. ‡ | 36,436 | 10,962 | ||||||
Diversified Financial Services - 2.0% | ||||||||
JPMorgan Chase & Co. | 173,529 | 6,530 | ||||||
Electrical Equipment - 2.9% | ||||||||
Cooper Industries PLC — Class A | 99,544 | 5,218 | ||||||
Emerson Electric Co. | 85,480 | 4,693 | ||||||
Energy Equipment & Services - 1.7% | ||||||||
Core Laboratories NV ^ | 70,949 | 5,518 | ||||||
Food Products - 2.4% | ||||||||
Green Mountain Coffee Roasters, Inc. ‡^ | 239,954 | 7,916 | ||||||
Hotels, Restaurants & Leisure - 1.5% | ||||||||
Chipotle Mexican Grill, Inc. — Class A ‡ ^ | 23,602 | 4,961 | ||||||
Insurance - 0.9% | ||||||||
Berkshire Hathaway, Inc. — Class A ‡ ^ | 26 | 3,102 | ||||||
Internet & Catalog Retail - 8.2% | ||||||||
Amazon.com, Inc. ‡ | 70,950 | 11,717 | ||||||
NetFlix, Inc. ‡^ | 57,008 | 9,891 | ||||||
priceline.com, Inc. ‡ | 16,227 | 6,114 | ||||||
Internet Software & Services - 3.6% | ||||||||
Google, Inc. — Class A ‡ | 9,105 | 5,581 | ||||||
Rackspace Hosting, Inc. ‡^ | 253,722 | 6,333 | ||||||
Machinery - 7.8% | ||||||||
Caterpillar, Inc. | 92,989 | 7,309 | ||||||
Deere & Co. | 43,910 | 3,372 | ||||||
Kennametal, Inc. ^ | 214,486 | 7,323 | ||||||
PACCAR, Inc. ^ | 164,607 | 8,438 | ||||||
Metals & Mining - 1.6% | ||||||||
Vale SA — Class B ADR ‡^ | 161,376 | 5,186 | ||||||
Oil, Gas & Consumable Fuels - 2.6% | ||||||||
EOG Resources, Inc. | 46,117 | 4,414 | ||||||
Petroleo Brasileiro SA ADR | 130,057 | 4,438 | ||||||
Paper & Forest Products - 1.4% | ||||||||
Weyerhaeuser Co. ^ | 297,225 | 4,821 | ||||||
Pharmaceuticals - 2.1% | ||||||||
Perrigo Co. ^ | 45,741 | 3,013 | ||||||
Teva Pharmaceutical Industries, Ltd. ADR | 75,465 | 3,917 | ||||||
Professional Services - 1.1% | ||||||||
Robert Half International, Inc. ^ | 134,431 | 3,644 | ||||||
Road & Rail - 2.0% | ||||||||
Union Pacific Corp. | 74,632 | 6,544 | ||||||
Software - 6.1% | ||||||||
Citrix Systems, Inc. ‡ | 113,000 | 7,240 | ||||||
Microsoft Corp. | 210,224 | 5,600 | ||||||
Oracle Corp. | 262,295 | 7,712 | ||||||
Total Common Stocks (cost $165,203) | 220,751 | |||||||
WARRANT - 2.0% | ||||||||
United States - 2.0% | ||||||||
Wells Fargo & Co. ‡ | ||||||||
Expiration: 10/28/2018 | ||||||||
Exercise Price: $34.01 | 802,985 | 6,625 | ||||||
Total Warrant (cost $6,326) |
Transamerica Funds | Annual Report 2010 |
Page 29
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
SECURITIES LENDING COLLATERAL - 13.7% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 45,695,627 | $ | 45,696 | |||||
Total Securities Lending Collateral (cost $45,696) | ||||||||
Principal | Value | |||||||
REPURCHASE AGREEMENT - 1.1% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $3,564 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $3,636 | $ | 3,564 | 3,564 | |||||
Total Repurchase Agreement (cost $3,564) | ||||||||
Total Investment Securities (cost $317,059) # | 378,751 | |||||||
Other Assets and Liabilities — Net | (45,150 | ) | ||||||
Net Assets | $ | 333,601 | ||||||
* | Floating or variable rate note. Rate is listed as of 10/29/2010. | |
Ə | Security fair valued as determined in good faith in accordance with procedures established by the Board of Trustees. These securities had a total market value of $1,517, or 0.45%, of the fund’s net assets. | |
^ | All or a portion of this security is on loan. The value of all securities on loan is $44,668. | |
§ | Illiquid. This security had a value of $614, or 0.18%, of the fund’s net assets. | |
Ž | The security has a perpetual maturity. The date shown is the next call date. | |
‡ | Non-income producing security. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
# | Aggregate cost for federal income tax purposes is $317,405. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $65,506 and $4,160, respectively. Net unrealized appreciation for tax purposes is $61,346. |
144A | 144A Securities are registered pursuant to Rule 144A of the Securities Act of 1933. These securities are deemed to be liquid for purposes of compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At 10/31/2010, these securities aggregated $49,648, or 14.88%, of the fund’s net assets. | |
ADR | American Depositary Receipt | |
IO | Interest Only | |
REMIC | Real Estate Mortgage Investment Conduits (consist of a fixed pool of mortgages broken apart and marketed to investors as individual securities) |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Asset-Backed Securities | $ | — | $ | 6,540 | $ | — | $ | 6,540 | ||||||||
Common Stocks | 211,317 | 9,434 | — | 220,751 | ||||||||||||
Corporate Debt Securities | — | 56,207 | — | 56,207 | ||||||||||||
Mortgage-Backed Securities | — | 19,189 | — | 19,189 | ||||||||||||
Municipal Government Obligations | — | 1,802 | — | 1,802 | ||||||||||||
Preferred Corporate Debt Securities | — | 5,812 | — | 5,812 | ||||||||||||
Repurchase Agreement | — | 3,564 | — | 3,564 | ||||||||||||
Securities Lending Collateral | 45,696 | — | — | 45,696 | ||||||||||||
U.S. Government Agency Obligations | — | 11,015 | — | 11,015 | ||||||||||||
U.S. Government Obligations | — | 1,550 | — | 1,550 | ||||||||||||
Warrants | 6,625 | — | — | 6,625 | ||||||||||||
Total | $ | 263,638 | $ | 115,113 | $ | — | $ | 378,751 | ||||||||
Transamerica Funds | Annual Report 2010 |
Page 30
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 98.5% | ||||||||
Aerospace & Defense - 2.9% | ||||||||
Precision Castparts Corp. | 164,741 | $ | 22,500 | |||||
Rolls-Royce Group PLC — Class C ‡ Ə | 4,657,860 | 1 | ||||||
Air Freight & Logistics - 4.6% | ||||||||
CH Robinson Worldwide, Inc. ^ | 257,050 | 18,117 | ||||||
Expeditors International of Washington, Inc. | 375,656 | 18,542 | ||||||
Auto Components - 6.2% | ||||||||
BorgWarner, Inc. ‡ ^ | 381,227 | 21,391 | ||||||
Johnson Controls, Inc. | 784,726 | 27,559 | ||||||
Biotechnology - 2.9% | ||||||||
Amgen, Inc. ‡ | 191,280 | 10,939 | ||||||
Celgene Corp. ‡ | 201,265 | 12,493 | ||||||
Capital Markets - 1.0% | ||||||||
T. Rowe Price Group, Inc. | 143,095 | 7,909 | ||||||
Chemicals - 6.0% | ||||||||
Ecolab, Inc. | 171,678 | 8,467 | ||||||
Nalco Holding Co. | 793,425 | 22,358 | ||||||
Sigma-Aldrich Corp. ^ | 257,011 | 16,300 | ||||||
Commercial Banks - 4.9% | ||||||||
BB&T Corp. | 631,750 | 14,789 | ||||||
City National Corp. ^ | 192,860 | 9,946 | ||||||
Wells Fargo & Co. | 522,525 | 13,627 | ||||||
Communications Equipment - 3.3% | ||||||||
Cisco Systems, Inc. ‡ | 721,826 | 16,479 | ||||||
QUALCOMM, Inc. | 204,053 | 9,209 | ||||||
Computers & Peripherals - 4.0% | ||||||||
Apple, Inc. ‡ | 104,753 | 31,517 | ||||||
Construction & Engineering - 1.0% | ||||||||
Jacobs Engineering Group, Inc. ‡ ^ | 196,612 | 7,591 | ||||||
Diversified Financial Services - 2.1% | ||||||||
Bank of America Corp. | 565,166 | 6,465 | ||||||
JPMorgan Chase & Co. | 274,520 | 10,331 | ||||||
Electrical Equipment - 2.3% | ||||||||
Hubbell, Inc. — Class B | 331,695 | 17,918 | ||||||
Energy Equipment & Services - 3.4% | ||||||||
Core Laboratories NV ^ | 173,560 | 13,498 | ||||||
Schlumberger, Ltd. | 191,487 | 13,383 | ||||||
Food Products - 1.0% | ||||||||
Green Mountain Coffee Roasters, Inc. ‡ ^ | 240,265 | 7,926 | ||||||
Health Care Equipment & Supplies - 1.0% | ||||||||
Covidien PLC | 199,852 | 7,968 | ||||||
Hotels, Restaurants & Leisure - 7.6% | ||||||||
Chipotle Mexican Grill, Inc. — Class A ‡ ^ | 43,095 | 9,059 | ||||||
Marriott International, Inc. — Class A ^ | 624,675 | 23,144 | ||||||
McDonald’s Corp. | 146,555 | 11,398 | ||||||
Starbucks Corp. | 562,665 | 16,025 | ||||||
Insurance - 1.5% | ||||||||
Travelers Cos., Inc. | 218,165 | 12,043 | ||||||
Internet & Catalog Retail - 2.8% | ||||||||
Amazon.com, Inc. ‡ | 135,378 | 22,356 | ||||||
Internet Software & Services - 2.2% | ||||||||
Google, Inc. — Class A ‡ | 28,251 | 17,318 | ||||||
IT Services - 1.5% | ||||||||
International Business Machines Corp. | 84,987 | 12,204 | ||||||
Life Sciences Tools & Services - 1.9% | ||||||||
Covance, Inc. ‡ ^ | 136,360 | 6,408 | ||||||
Illumina, Inc. ‡ ^ | 155,795 | 8,461 | ||||||
Machinery - 7.7% | ||||||||
Caterpillar, Inc. | 166,974 | 13,124 | ||||||
Donaldson Co., Inc. ^ | 213,540 | 10,404 | ||||||
Kennametal, Inc. ^ | 524,075 | 17,892 | ||||||
PACCAR, Inc. ^ | 390,909 | 20,038 | ||||||
Media - 1.0% | ||||||||
Walt Disney Co. | 220,976 | 7,979 | ||||||
Multiline Retail - 1.4% | ||||||||
Target Corp. | 219,155 | 11,383 | ||||||
Oil, Gas & Consumable Fuels - 2.1% | ||||||||
EOG Resources, Inc. | 171,870 | 16,451 | ||||||
Paper & Forest Products - 1.0% | ||||||||
Weyerhaeuser Co. ^ | 490,603 | 7,958 | ||||||
Pharmaceuticals - 2.2% | ||||||||
Johnson & Johnson | 113,505 | 7,227 | ||||||
Teva Pharmaceutical Industries, Ltd. ADR | 188,795 | 9,798 | ||||||
Professional Services - 2.2% | ||||||||
Robert Half International, Inc. ^ | 653,255 | 17,710 | ||||||
Road & Rail - 2.0% | ||||||||
Norfolk Southern Corp. | 259,420 | 15,952 | ||||||
Semiconductors & Semiconductor Equipment - 1.9% | ||||||||
ARM Holdings PLC ADR ^ | 202,890 | 3,587 | ||||||
Broadcom Corp. — Class A | 286,505 | 11,672 | ||||||
Software - 4.6% | ||||||||
Citrix Systems, Inc. ‡ | 186,995 | 11,981 | ||||||
Oracle Corp. | 566,805 | 16,664 | ||||||
Salesforce.com, Inc. ‡ | 66,060 | 7,668 | ||||||
Specialty Retail - 2.2% | ||||||||
CarMax, Inc. ‡ ^ | 552,685 | 17,128 | ||||||
Textiles, Apparel & Luxury Goods - 2.1% | ||||||||
Nike, Inc. — Class B | 199,933 | 16,283 | ||||||
Trading Companies & Distributors - 2.9% | ||||||||
WW Grainger, Inc. ^ | 182,975 | 22,694 | ||||||
Wireless Telecommunication Services - 1.1% | ||||||||
American Tower Corp. — Class A ‡ | 168,095 | 8,675 | ||||||
Total Common Stocks (cost $668,862) | 777,907 | |||||||
SECURITIES LENDING COLLATERAL - 13.9% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 109,461,771 | 109,462 | ||||||
Total Securities Lending Collateral (cost $109,462) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 1.5% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $11,754 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $11,992. | $ | 11,754 | 11,754 | |||||
Total Repurchase Agreement (cost $11,754) | ||||||||
Total Investment Securities (cost $790,078) # | 899,123 | |||||||
Other Assets and Liabilities — Net | (109,774 | ) | ||||||
Net Assets | $ | 789,349 | ||||||
Transamerica Funds | Annual Report 2010 |
Page 31
Table of Contents
At October 31, 2010
(all amounts in thousands)
NOTES TO SCHEDULE OF INVESTMENTS: | ||
Ə | Security fair valued as determined in good faith in accordance with procedures established by the Board of Trustees. This security had a market value of $1, or less than 0.01%, of the fund’s net assets. | |
‡ | Non-income producing security. | |
^ | All or a portion of this security is on loan. The value of all securities on loan is $106,976. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
# | Aggregate cost for federal income tax purposes is $790,078. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $136,417 and $27,372, respectively. Net unrealized appreciation for tax purposes is $109,045. | |
DEFINITION: | ||
ADR | American Depositary Receipt |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 743,055 | $ | 34,851 | $ | 1 | $ | 777,907 | ||||||||
Repurchase Agreement | — | 11,754 | — | 11,754 | ||||||||||||
Securities Lending Collateral | 109,462 | — | — | 109,462 | ||||||||||||
Total | $ | 852,517 | $ | 46,605 | $ | 1 | $ | 899,123 | ||||||||
Beginning | Ending | |||||||||||||||||||||||||||
Balance at | Net | Accrued | Total Realized | Change in Unrealized | Net Transfers | Balance at | ||||||||||||||||||||||
Securities | 10/31/2009 | Purchases/(Sales) | Discounts/(Premiums) | Gain/(Loss) | (Depreciation) | In Level 3 | 10/31/2010 | |||||||||||||||||||||
Common Stock | $ | — | $ | — | $ | — | $ | — | $ | (7 | ) | $ | 8 | $ | 1 |
Transamerica Funds | Annual Report 2010 |
Page 32
Table of Contents
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
U.S. GOVERNMENT OBLIGATIONS - 1.6% | ||||||||
U.S. Treasury Inflation Indexed Bond | ||||||||
2.50%, 01/15/2029 | $ | 2,135 | $ | 2,626 | ||||
U.S. Treasury Note | ||||||||
1.25%, 09/30/2015 | 1,400 | 1,407 | ||||||
Total U.S. Government Obligations (cost $3,658) | 4,033 | |||||||
U.S. GOVERNMENT AGENCY OBLIGATION - 0.5% | ||||||||
Freddie Mac, IO | ||||||||
5.00%, 08/01/2035 | 9,379 | 1,362 | ||||||
Total U.S. Government Agency Obligation (cost $2,138) | ||||||||
FOREIGN GOVERNMENT OBLIGATIONS - 5.4% | ||||||||
Canada Housing Trust No. 1 | ||||||||
3.15%, 06/15/2015 | CAD | 2,500 | 2,563 | |||||
Canadian Government Bond | ||||||||
2.50%, 06/01/2015 | CAD | 2,500 | 2,519 | |||||
Republic of Chile | ||||||||
5.50%, 08/05/2020 | CLP | 994,500 | 2,157 | |||||
Republic of The Philippines | ||||||||
4.95%, 01/15/2021 | PHP | 90,000 | 2,222 | |||||
United Mexican States | ||||||||
7.00%, 06/19/2014 | MXN | 18,000 | 1,540 | |||||
7.50%, 06/21/2012 | MXN | 35,000 | 2,965 | |||||
Total Foreign Government Obligations (cost $12,968) | 13,966 | |||||||
MORTGAGE-BACKED SECURITIES - 8.6% | ||||||||
American General Mortgage Loan Trust | ||||||||
Series 2009-1, Class A6 | ||||||||
5.75%, 09/25/2048 - 144A * | $ | 1,785 | 1,860 | |||||
American Tower Trust | ||||||||
Series 2007-1A, Class C | ||||||||
5.62%, 04/15/2037 - 144A | 2,090 | 2,225 | ||||||
Series 2007-1A, Class D | ||||||||
5.96%, 04/15/2037 - 144A | 1,950 | 2,085 | ||||||
BCAP LLC Trust | ||||||||
Series 2009-RR3, Class 2A1 | ||||||||
5.60%, 05/26/2037 - 144A * | 434 | 450 | ||||||
Series 2009-RR6, Class 2A1 | ||||||||
5.25%, 08/26/2035 - 144A * | 1,320 | 1,281 | ||||||
Series 2009-RR10, Class 2A1 | ||||||||
3.08%, 08/26/2035 - 144A * | 883 | 886 | ||||||
Series 2009-RR13, Class 13A3 | ||||||||
5.25%, 03/26/2037 - 144A * | 1,435 | 1,472 | ||||||
Series 2009-RR14, Class 1A1 | ||||||||
6.00%, 05/26/2037 - 144A * Ə | 1,779 | 1,806 | ||||||
Series 2010-RR1, Class 12A1 | ||||||||
5.25%, 08/26/2036 - 144A * | 1,906 | 1,994 | ||||||
Jefferies & Co., Inc. | ||||||||
Series 2009-R2, Class 2A | ||||||||
6.25%, 12/26/2037 - 144A * | 565 | 588 | ||||||
Series 2009-R7, Class 1A1 | ||||||||
5.58%, 02/26/2036 - 144A * | 896 | 924 | ||||||
Series 2009-R7, Class 4A1 | ||||||||
3.06%, 09/26/2034 - 144A * | 910 | 911 | ||||||
Series 2009-R7, Class 10A3 | ||||||||
6.00%, 12/26/2036 - 144A | 490 | 521 | ||||||
Series 2009-R7, Class 12A1 | ||||||||
5.29%, 08/26/2036 - 144A * | 538 | 543 | ||||||
Series 2009-R7, Class 16A1 | ||||||||
5.59%, 12/26/2036 - 144A * | 317 | 323 | ||||||
Series 2009-R9, Class 1A1 | ||||||||
5.74%, 08/26/2046 - 144A * | 887 | 897 | ||||||
JP Morgan Re-REMIC | ||||||||
Series 2009-7, Class 8A1 | ||||||||
5.66%, 01/27/2047 - 144A * | 1,026 | 1,030 | ||||||
WaMu Mortgage Pass-Through Certificates | ||||||||
Series 2003-S9, Class A6 | ||||||||
5.25%, 10/25/2033 | 1,475 | 1,503 | ||||||
Wells Fargo Mortgage Backed Securities Trust | ||||||||
Series 2003-G, Class A1 | ||||||||
4.10%, 06/25/2033 * | 547 | 558 | ||||||
Series 2003-L, Class 1A2 | ||||||||
4.51%, 11/25/2033 * | 404 | 418 | ||||||
Total Mortgage-Backed Securities (cost $21,131) | 22,275 | |||||||
ASSET-BACKED SECURITIES - 5.4% | ||||||||
America West Airlines Pass-Through Trust | ||||||||
Series 2001-1, Class G | ||||||||
8.06%, 07/02/2020 | 1,757 | 1,863 | ||||||
American Airlines Pass-Through Trust | ||||||||
Series 2001-2, Class A2 | ||||||||
7.86%, 10/01/2011 | 2,700 | 2,825 | ||||||
Continental Airlines Pass-Through Trust | ||||||||
Series 1997-1, Class A | ||||||||
7.46%, 04/01/2015 | 1,718 | 1,791 | ||||||
Gazprom Via Gaz Capital SA | ||||||||
8.13%, 07/31/2014 - 144A | 2,060 | 2,341 | ||||||
Northwest Airlines Pass-Through Trust | ||||||||
Series 2002-1, Class G2 | ||||||||
6.26%, 11/20/2021 | 2,602 | 2,667 | ||||||
UAL Pass-Through Trust | ||||||||
Series 2009-1 | ||||||||
10.40%, 11/01/2016 | 2,241 | 2,533 | ||||||
Total Asset-Backed Securities (cost $13,388) | 14,020 | |||||||
MUNICIPAL GOVERNMENT OBLIGATIONS - 1.3% | ||||||||
Rhode Island Economic Development Corp. | ||||||||
6.00%, 11/01/2015 § | 1,545 | 1,555 | ||||||
State of California | ||||||||
7.95%, 03/01/2036 | 1,820 | 1,913 | ||||||
Total Municipal Government Obligations (cost $3,367) | 3,468 | |||||||
PREFERRED CORPORATE DEBT SECURITIES - 5.8% | ||||||||
Commercial Banks - 3.5% | ||||||||
PNC Financial Services Group, Inc. | ||||||||
8.25%, 05/21/2013 * Ž ^ | 2,500 | 2,622 | ||||||
Rabobank Nederland NV | ||||||||
11.00%, 06/30/2019 - 144A * Ž | 3,000 | 4,006 | ||||||
Wells Fargo & Co. — Series K | ||||||||
7.98%, 03/15/2018 * Ž ^ | 2,400 | 2,520 | ||||||
Diversified Financial Services - 1.8% | ||||||||
JPMorgan Chase Capital XXV — Series Y | ||||||||
6.80%, 10/01/2037 | 1,500 | 1,491 | ||||||
ZFS Finance USA Trust II | ||||||||
6.45%, 06/15/2016 - 144A * | 3,300 | 3,168 | ||||||
Insurance - 0.5% | ||||||||
Reinsurance Group of America, Inc. — Series A | ||||||||
6.75%, 12/15/2065 * | 1,375 | 1,229 | ||||||
Total Preferred Corporate Debt Securities (cost $13,945) | 15,036 | |||||||
Transamerica Funds | Annual Report 2010 |
Page 33
Table of Contents
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES - 63.8% | ||||||||
Aerospace & Defense - 0.7% | ||||||||
Transdigm, Inc. | ||||||||
7.75%, 07/15/2014 | $ | 2,000 | $ | 2,054 | ||||
Beverages - 0.6% | ||||||||
Beverages & More, Inc. | ||||||||
9.63%, 10/01/2014 - 144A | 1,635 | 1,647 | ||||||
Building Products - 0.4% | ||||||||
Voto-Votorantim Overseas Trading Operations NV | ||||||||
6.63%, 09/25/2019 - 144A ^ | 840 | 916 | ||||||
Capital Markets - 0.7% | ||||||||
E*Trade Financial Corp. | ||||||||
7.38%, 09/15/2013 | 1,900 | 1,888 | ||||||
Chemicals - 0.4% | ||||||||
Momentive Performance Materials, Inc. | ||||||||
9.75%, 12/01/2014 | 1,005 | 1,058 | ||||||
Commercial Banks - 6.8% | ||||||||
Barclays Bank PLC | ||||||||
7.38%, 06/29/2049 | 1,298 | 1,311 | ||||||
10.18%, 06/12/2021 - 144A | 1,480 | 1,973 | ||||||
BBVA Bancomer SA | ||||||||
7.25%, 04/22/2020 - 144A | 1,400 | 1,557 | ||||||
First Tennessee Bank NA | ||||||||
4.63%, 05/15/2013 | 1,300 | 1,305 | ||||||
M&I Marshall & Ilsley Bank | ||||||||
4.85%, 06/16/2015 | 2,900 | 2,756 | ||||||
5.00%, 01/17/2017 | 2,050 | 1,938 | ||||||
Regions Bank | ||||||||
7.50%, 05/15/2018 ^ | 2,560 | 2,734 | ||||||
Scotland International Finance | ||||||||
6.50%, 02/15/2011 - 144A | 1,440 | 1,430 | ||||||
Zions Bancorporation | ||||||||
7.75%, 09/23/2014 ^ | 2,500 | 2,661 | ||||||
Commercial Services & Supplies - 0.8% | ||||||||
KAR Auction Services, Inc. | ||||||||
8.75%, 05/01/2014 | 1,890 | 1,963 | ||||||
Consumer Finance - 1.3% | ||||||||
Block Financial LLC | ||||||||
5.13%, 10/30/2014 | 1,300 | 1,252 | ||||||
Cardtronics, Inc. | ||||||||
8.25%, 09/01/2018 | 1,890 | 2,004 | ||||||
Containers & Packaging - 1.1% | ||||||||
Graphic Packaging International, Inc. | ||||||||
9.50%, 06/15/2017 ^ | 2,625 | 2,894 | ||||||
Distributors - 0.5% | ||||||||
Edgen Murray Corp. | ||||||||
12.25%, 01/15/2015 ^ | 1,500 | 1,219 | ||||||
Diversified Financial Services - 11.5% | ||||||||
Aviation Capital Group | ||||||||
7.13%, 10/15/2020 - 144A | 2,700 | 2,799 | ||||||
Cemex Finance LLC | ||||||||
9.50%, 12/14/2016 - 144A ^ | 2,555 | 2,581 | ||||||
CIT Group, Inc. | ||||||||
7.00%, 05/01/2014 ^ | 1,575 | 1,583 | ||||||
Glencore Funding LLC | ||||||||
6.00%, 04/15/2014 - 144A | 2,000 | 2,086 | ||||||
GTP Towers Issuer LLC | ||||||||
4.44%, 02/15/2015 - 144A | 2,295 | 2,449 | ||||||
International Lease Finance Corp. | ||||||||
5.45%, 03/24/2011 | 1,170 | 1,176 | ||||||
6.50%, 09/01/2014 - 144A | 2,360 | 2,549 | ||||||
Irish Life & Permanent Group Holdings PLC | ||||||||
3.60%, 01/14/2013 - 144A | 2,500 | 2,342 | ||||||
Marina District Finance Co., Inc. | ||||||||
9.50%, 10/15/2015 - 144A ^ | 1,955 | 1,928 | ||||||
9.88%, 08/15/2018 - 144A ^ | 65 | 64 | ||||||
Oaktree Capital Management, LP | ||||||||
6.75%, 12/02/2019 - 144A | 1,950 | 2,089 | ||||||
QHP Royalty Sub LLC | ||||||||
10.25%, 03/15/2015 - 144A | 1,647 | 1,682 | ||||||
Selkirk Cogen Funding Corp. — Series A | ||||||||
8.98%, 06/26/2012 | 1,308 | 1,375 | ||||||
Sensus USA, Inc. | ||||||||
8.63%, 12/15/2013 | 500 | 508 | ||||||
TNK-BP Finance SA | ||||||||
7.50%, 03/13/2013 - 144A | 1,345 | 1,458 | ||||||
Unison Ground Lease Funding LLC | ||||||||
6.39%, 04/15/2020 - 144A | 2,615 | 2,789 | ||||||
Diversified Telecommunication Services - 0.5% | ||||||||
Sprint Capital Corp. | ||||||||
8.38%, 03/15/2012 | 1,300 | 1,389 | ||||||
Electric Utilities - 2.0% | ||||||||
Intergen NV | ||||||||
9.00%, 06/30/2017 - 144A | 2,075 | 2,241 | ||||||
KCP&L Greater Missouri Operations Co. | ||||||||
11.88%, 07/01/2012 | 2,405 | 2,765 | ||||||
Electronic Equipment & Instruments - 0.9% | ||||||||
Anixter, Inc. | ||||||||
5.95%, 03/01/2015 | 2,300 | 2,289 | ||||||
Energy Equipment & Services - 2.0% | ||||||||
Enterprise Products Operating LLC — Series A | ||||||||
8.38%, 08/01/2066 * | 1,150 | 1,213 | ||||||
MarkWest Energy Partners LP | ||||||||
6.88%, 11/01/2014 | 1,425 | 1,457 | ||||||
Pride International, Inc. | ||||||||
6.88%, 08/15/2020 | 1,040 | 1,178 | ||||||
Weatherford International, Ltd. | ||||||||
9.63%, 03/01/2019 ^ | 945 | 1,248 | ||||||
Food & Staples Retailing - 2.0% | ||||||||
Ingles Markets, Inc. | ||||||||
8.88%, 05/15/2017 ^ | 2,140 | 2,366 | ||||||
Stater Brothers Holdings, Inc. | ||||||||
8.13%, 06/15/2012 ^ | 1,000 | 1,001 | ||||||
SUPERVALU, Inc. | ||||||||
7.50%, 11/15/2014 | 1,900 | 1,914 | ||||||
Food Products - 2.0% | ||||||||
C&S Group Enterprises LLC | ||||||||
8.38%, 05/01/2017 - 144A ^ | 1,279 | 1,279 | ||||||
Lorillard Tobacco Co. | ||||||||
8.13%, 06/23/2019 | 2,150 | 2,484 | ||||||
Michael Foods, Inc. | ||||||||
9.75%, 07/15/2018 - 144A | 1,200 | 1,308 | ||||||
Gas Utilities - 0.9% | ||||||||
EQT Corp. | ||||||||
8.13%, 06/01/2019 | 1,960 | 2,412 | ||||||
Health Care Providers & Services - 0.8% | ||||||||
Community Health Systems, Inc. | ||||||||
8.88%, 07/15/2015 | 1,900 | 2,033 | ||||||
Hotels, Restaurants & Leisure - 2.1% | ||||||||
Firekeepers Development Authority | ||||||||
13.88%, 05/01/2015 - 144A | 1,075 | 1,260 | ||||||
MGM Resorts International | ||||||||
6.75%, 09/01/2012 ^ | 1,600 | 1,578 | ||||||
8.38%, 02/01/2011 ^ | 1,850 | 1,869 | ||||||
Pokagon Gaming Authority | ||||||||
10.38%, 06/15/2014 - 144A | 650 | 676 |
Transamerica Funds | Annual Report 2010 |
Page 34
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Principal | Value | |||||||
Hotels, Restaurants & Leisure — (continued) | ||||||||
Station Casinos, Inc. | ||||||||
6.88%, 03/01/2016 Џ § | $ | 700 | $ | w | ||||
Household Durables - 1.1% | ||||||||
Lennar Corp. | ||||||||
12.25%, 06/01/2017 ^ | 550 | 655 | ||||||
Sealy Mattress Co. | ||||||||
8.25%, 06/15/2014 | 2,125 | 2,151 | ||||||
Insurance - 3.9% | ||||||||
American Financial Group, Inc. | ||||||||
9.88%, 06/15/2019 | 1,100 | 1,347 | ||||||
Chubb Corp. | ||||||||
6.38%, 03/29/2067 * | 2,300 | 2,360 | ||||||
Fidelity National Financial, Inc. | ||||||||
6.60%, 05/15/2017 | 2,580 | 2,662 | ||||||
Oil Insurance, Ltd. | ||||||||
7.56%, 06/30/2011 - 144A * Ž | 1,245 | 1,118 | ||||||
Travelers Cos., Inc. | ||||||||
6.25%, 03/15/2037 * | 2,385 | 2,480 | ||||||
Machinery - 0.2% | ||||||||
Polypore, Inc. | ||||||||
8.75%, 05/15/2012 ^ | 550 | 556 | ||||||
Media - 0.4% | ||||||||
Lions Gate Entertainment, Inc. | ||||||||
10.25%, 11/01/2016 - 144A | 1,010 | 1,040 | ||||||
Metals & Mining - 2.9% | ||||||||
Anglo American Capital PLC | ||||||||
9.38%, 04/08/2019 - 144A | 1,740 | 2,372 | ||||||
FMG Resources Property, Ltd. | ||||||||
7.00%, 11/01/2015 - 144A | 160 | 164 | ||||||
10.63%, 09/01/2016 - 144A | 2,445 | 3,605 | ||||||
Rio Tinto Finance USA, Ltd. | ||||||||
9.00%, 05/01/2019 | 1,000 | 1,408 | ||||||
Multi-Utilities - 0.8% | ||||||||
Black Hills Corp. | ||||||||
5.88%, 07/15/2020 | 1,200 | 1,259 | ||||||
9.00%, 05/15/2014 | 690 | 818 | ||||||
Oil, Gas & Consumable Fuels - 4.7% | ||||||||
Berry Petroleum Co. | ||||||||
10.25%, 06/01/2014 | 1,575 | 1,817 | ||||||
Energy Transfer Equity, LP | ||||||||
7.50%, 10/15/2020 | 320 | 349 | ||||||
Lukoil International Finance BV | ||||||||
6.38%, 11/05/2014 - 144A ^ | 1,280 | 1,381 | ||||||
OPTI Canada, Inc. | ||||||||
8.25%, 12/15/2014 | 2,655 | 2,011 | ||||||
Petrohawk Energy Corp. | ||||||||
7.25%, 08/15/2018 - 144A | 2,050 | 2,127 | ||||||
Petroleum Co. of Trinidad & Tobago, Ltd. | ||||||||
9.75%, 08/14/2019 - 144A | 776 | 967 | ||||||
Petroleum Development Corp. | ||||||||
12.00%, 02/15/2018 | 1,000 | 1,120 | ||||||
Ras Laffan Liquefied Natural Gas Co., Ltd. III | ||||||||
6.75%, 09/30/2019 - 144A | 2,115 | 2,527 | ||||||
Paper & Forest Products - 2.1% | ||||||||
Ainsworth Lumber Co., Ltd. | ||||||||
11.00%, 07/29/2015 - 144A Ώ | 3,083 | 2,638 | ||||||
Exopack Holding Corp. | ||||||||
11.25%, 02/01/2014 ^ | 2,650 | 2,756 | ||||||
Real Estate Investment Trusts - 3.1% | ||||||||
Dexus Property Group | ||||||||
7.13%, 10/15/2014 - 144A | 2,155 | 2,449 | ||||||
Entertainment Properties Trust | ||||||||
7.75%, 07/15/2020 - 144A | 1,300 | 1,349 | ||||||
Kilroy Realty, LP | ||||||||
6.63%, 06/01/2020 - 144A | 2,440 | 2,494 | ||||||
PPF Funding, Inc. | ||||||||
5.35%, 04/15/2012 - 144A | 1,720 | 1,764 | ||||||
Real Estate Management & Development - 0.6% | ||||||||
Post Apartment Homes, LP | ||||||||
5.45%, 06/01/2012 | 1,600 | 1,661 | ||||||
Specialty Retail - 1.0% | ||||||||
Michaels Stores, Inc. | ||||||||
11.38%, 11/01/2016 ^ | 1,200 | 1,323 | ||||||
Sally Holdings LLC | ||||||||
9.25%, 11/15/2014 | 1,250 | 1,314 | ||||||
Transportation Infrastructure - 0.8% | ||||||||
Martin Midstream Partners & Finance | ||||||||
8.88%, 04/01/2018 - 144A | 1,900 | 1,976 | ||||||
Wireless Telecommunication Services - 4.2% | ||||||||
Crown Castle Towers LLC | ||||||||
4.88%, 08/15/2020 - 144A | 3,350 | 3,413 | ||||||
6.11%, 01/15/2020 - 144A | 2,300 | 2,558 | ||||||
Nextel Communications, Inc. — Series D | ||||||||
7.38%, 08/01/2015 ^ | 2,200 | 2,208 | ||||||
SBA Tower Trust | ||||||||
5.10%, 04/15/2017 - 144A | 2,365 | 2,544 | ||||||
Total Corporate Debt Securities (cost $154,072) | 164,719 | |||||||
Shares | Value | |||||||
CONVERTIBLE PREFERRED STOCK - 0.8% | ||||||||
Diversified Financial Services - 0.8% | ||||||||
Vale Capital II 6.75%, | 22,000 | 2,046 | ||||||
Total Convertible Preferred Stock (cost $1,657) | ||||||||
PREFERRED STOCKS - 1.1% | ||||||||
Commercial Banks - 0.4% | ||||||||
BB&T Capital Trust VI 9.60% | 34,000 | 947 | ||||||
Diversified Telecommunication Services - 0.7% | ||||||||
Centaur Funding Corp. 9.08% - 144A | 1,661 | 1,778 | ||||||
Total Preferred Stocks (cost $3,003) | 2,725 | |||||||
COMMON STOCKS - 2.1% | ||||||||
Auto Components - 0.5% | ||||||||
Johnson Controls, Inc. | 40,000 | 1,405 | ||||||
Diversified Telecommunication Services - 1.0% | ||||||||
Frontier Communications Corp. ^ | 18,002 | 158 | ||||||
Verizon Communications, Inc. ^ | 75,000 | 2,435 | ||||||
Internet & Catalog Retail - 0.6% | ||||||||
Amazon.com, Inc. ‡ ^ | 9,000 | 1,486 | ||||||
Total Common Stocks (cost $4,922) | 5,484 | |||||||
WARRANT - 0.9% | ||||||||
Commercial Banks - 0.9% | ||||||||
Wells Fargo & Co. ‡ | ||||||||
Expiration: 10/28/2018 | ||||||||
Exercise Price: $34.01 | 278,210 | 2,295 | ||||||
Total Warrant (cost $2,192) |
Transamerica Funds | Annual Report 2010 |
Page 35
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Principal | Value | |||||||
CONVERTIBLE BONDS - 1.0% | ||||||||
Automobiles - 0.5% | ||||||||
Ford Motor Co. | ||||||||
4.25%, 11/15/2016 | $ | 730 | $ | 1,269 | ||||
Energy Equipment & Services - 0.5% | ||||||||
Transocean, Inc. | ||||||||
1.63%, 12/15/2037 ^ | 1,250 | 1,245 | ||||||
Total Convertible Bonds (cost $1,954) | 2,514 | |||||||
Shares | Value | |||||||
SECURITIES LENDING COLLATERAL - 10.2% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 26,269,009 | 26,269 | ||||||
Total Securities Lending Collateral (cost $26,269) | ||||||||
Principal | Value | |||||||
REPURCHASE AGREEMENT - 0.2% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $541 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $553. | $ | 541 | $ | 541 | ||||
Total Repurchase Agreement (cost $541) | ||||||||
Total Investment Securities (cost $265,205) # | 280,753 | |||||||
Other Assets and Liabilities — Net | (22,354 | ) | ||||||
Net Assets | $ | 258,399 | ||||||
Amount in U.S. | Net Unrealized | |||||||||||||||
Settlement | Dollars Bought | Appreciation | ||||||||||||||
Currency | Bought (Sold) | Date | (Sold) | (Depreciation) | ||||||||||||
Canadian Dollar | (2,300 | ) | 01/28/2011 | $ | (2,247 | ) | $ | (3 | ) |
NOTES TO SCHEDULE OF INVESTMENTS: | ||
* | Floating or variable rate note. Rate is listed as of 10/29/2010. | |
Ə | Security fair valued as determined in good faith in accordance with procedures established by the Board of Trustees. This security had a market value of $1,806, or 0.70%, of the fund’s net assets. | |
Ž | The security has a perpetual maturity. The date shown is the next call date. | |
^ | All or a portion of this security is on loan. The value of all securities on loan is $25,728. | |
§ | Illiquid. This security had a value of $1,555, or 0.60%, of the fund’s net assets. | |
Џ | In default. | |
w | Value and/or principal is less than $1. | |
Ώ | Payment in-kind. Securities pay interest or dividends in the form of additional bonds or preferred stock. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
‡ | Non-income producing security. | |
# | Aggregate cost for federal income tax purposes is $265,205. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $18,367 and $2,819, respectively. Net unrealized appreciation for tax purposes is $15,548. | |
DEFINITIONS: | ||
144A | 144A Securities are registered pursuant to Rule 144A of the Securities Act of 1933. These securities are deemed to be liquid for purposes of compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At 10/31/2010, these securities aggregated $106,678, or 41.28%, of the fund’s net assets. | |
CAD | Canadian Dollar | |
CLP | Chilean Peso | |
IO | Interest Only | |
MXN | Mexican Peso | |
PHP | Philippines Peso | |
REMIC | Real Estate Mortgage Investment Conduits (consist of a fixed pool of mortgages broken apart and marketed to investors as individual securities) |
Transamerica Funds | Annual Report 2010 |
Page 36
Table of Contents
At October 31, 2010
(all amounts in thousands)
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Asset-Backed Securities | $ | — | $ | 14,020 | $ | — | $ | 14,020 | ||||||||
Common Stocks | 5,484 | — | — | 5,484 | ||||||||||||
Convertible Bonds | — | 2,514 | — | 2,514 | ||||||||||||
Convertible Preferred Stocks | 2,046 | — | — | 2,046 | ||||||||||||
Corporate Debt Securities | — | 164,719 | — | 164,719 | ||||||||||||
Foreign Government Obligations | — | 13,966 | — | 13,966 | ||||||||||||
Mortgage-Backed Securities | — | 22,275 | — | 22,275 | ||||||||||||
Municipal Government Obligations | — | 3,468 | — | 3,468 | ||||||||||||
Preferred Corporate Debt Securities | — | 15,036 | — | 15,036 | ||||||||||||
Preferred Stocks | 2,725 | — | — | 2,725 | ||||||||||||
Repurchase Agreement | — | 541 | — | 541 | ||||||||||||
Securities Lending Collateral | 26,269 | — | — | 26,269 | ||||||||||||
U.S. Government Agency Obligations | — | 1,362 | — | 1,362 | ||||||||||||
U.S. Government Obligations | — | 4,033 | — | 4,033 | ||||||||||||
Warrants | 2,295 | — | — | 2,295 | ||||||||||||
Total | $ | 38,819 | $ | 241,934 | $ | — | $ | 280,753 | ||||||||
Other Financial Instruments* | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Forward Foreign Currency Contracts — Depreciation | $ | — | $ | (3 | ) | $ | — | $ | (3 | ) |
* | Other financial instruments are derivative instruments including, but not limited to, Futures Contracts, Forward Foreign Currency Contracts, and Swap Contracts that are valued at unrealized appreciation (depreciation) on the instrument. |
Transamerica Funds | Annual Report 2010 |
Page 37
Table of Contents
(formerly, Transamerica Legg Mason Partners All Cap)
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 97.4% | ||||||||
Air Freight & Logistics - 3.1% | ||||||||
CH Robinson Worldwide, Inc. | 61,541 | $ | 4,337 | |||||
Biotechnology - 4.1% | ||||||||
Alexion Pharmaceuticals, Inc. ‡ | 86,608 | 5,915 | ||||||
Commercial Banks - 4.3% | ||||||||
PrivateBancorp, Inc. — Class A | 245,076 | 2,889 | ||||||
SunTrust Banks, Inc. | 132,723 | 3,321 | ||||||
Communications Equipment - 7.1% | ||||||||
QUALCOMM, Inc. | 224,019 | 10,110 | ||||||
Computers & Peripherals - 8.8% | ||||||||
Apple, Inc. ‡ | 41,553 | 12,502 | ||||||
Diversified Consumer Services - 5.1% | ||||||||
K12, Inc. ‡ | 140,126 | 3,910 | ||||||
Strayer Education, Inc. ^ | 23,511 | 3,288 | ||||||
Diversified Financial Services - 2.1% | ||||||||
Bank of America Corp. | 255,425 | 2,922 | ||||||
Food Products - 1.8% | ||||||||
Green Mountain Coffee Roasters, Inc. ‡ | 76,195 | 2,514 | ||||||
Health Care Equipment & Supplies - 1.6% | ||||||||
Covidien PLC | 55,721 | 2,222 | ||||||
Hotels, Restaurants & Leisure - 10.4% | ||||||||
Marriott International, Inc. — Class A | 262,782 | 9,737 | ||||||
Peet’s Coffee & Tea, Inc. ‡ | 133,267 | 5,097 | ||||||
Internet & Catalog Retail - 13.4% | ||||||||
Amazon.com, Inc. ‡ | 57,631 | 9,517 | ||||||
NetFlix, Inc. ‡ | 12,130 | 2,105 | ||||||
priceline.com, Inc. ‡ | 19,727 | 7,433 | ||||||
Internet Software & Services - 9.8% | ||||||||
Google, Inc. — Class A ‡ | 10,892 | 6,676 | ||||||
QuinStreet, Inc. ‡ ^ | 187,815 | 2,917 | ||||||
Rackspace Hosting, Inc. ‡ ^ | 171,700 | 4,286 | ||||||
Machinery - 5.2% | ||||||||
Kennametal, Inc. ^ | 77,083 | 2,632 | ||||||
PACCAR, Inc. | 92,826 | 4,759 | ||||||
Media - 5.1% | ||||||||
IMAX Corp. ‡ | 336,365 | 7,282 | ||||||
Oil, Gas & Consumable Fuels - 0.6% | ||||||||
Rosetta Resources, Inc. ‡ | 36,845 | 881 | ||||||
Professional Services - 2.5% | ||||||||
Robert Half International, Inc. ^ | 133,658 | 3,623 | ||||||
Road & Rail - 1.4% | ||||||||
Kansas City Southern ‡ | 46,078 | 2,019 | ||||||
Software - 7.8% | ||||||||
Citrix Systems, Inc. ‡ | 83,741 | 5,364 | ||||||
RealD, Inc. ‡ | 94,200 | 1,971 | ||||||
Rosetta Stone, Inc. ‡ | 104,650 | 2,423 | ||||||
Rovi Corp. ‡ | 25,997 | 1,317 | ||||||
Textiles, Apparel & Luxury Goods - 3.2% | ||||||||
Nike, Inc. — Class B | 55,851 | 4,549 | ||||||
Total Common Stocks (cost $103,243) | 138,518 | |||||||
SECURITIES LENDING COLLATERAL - 4.5% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 6,375,803 | 6,376 | ||||||
Total Securities Lending Collateral (cost $6,376) | ||||||||
Principal | Value | |||||||
REPURCHASE AGREEMENT - 2.6% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $3,642 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $3,715. | $ | 3,642 | 3,642 | |||||
Total Repurchase Agreement (cost $3,642) | ||||||||
Total Investment Securities (cost $113,261) # | 148,536 | |||||||
Other Assets and Liabilities — Net | (6,446 | ) | ||||||
Net Assets | $ | 142,090 | ||||||
NOTES TO SCHEDULE OF INVESTMENTS: | ||
‡ | Non-income producing security. | |
^ | All or a portion of this security is on loan. The value of all securities on loan is $6,230. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
w | Value is less than $1. | |
# | Aggregate cost for federal income tax purposes is $113,261. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $37,663 and $2,388, respectively. Net unrealized appreciation for tax purposes is $35,275. |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 136,296 | $ | 2,222 | $ | — | $ | 138,518 | ||||||||
Repurchase Agreement | — | 3,642 | — | 3,642 | ||||||||||||
Securities Lending Collateral | 6,376 | — | — | 6,376 | ||||||||||||
Total | $ | 142,672 | $ | 5,864 | $ | — | $ | 148,536 | ||||||||
Beginning | Net Transfers | Ending | ||||||||||||||||||||||||||
Balance at | Net | Accrued | Total Realized | Change in Unrealized | In/(Out) of | Balance at | ||||||||||||||||||||||
Securities | 10/31/2009 | Purchases/(Sales) | Discounts/(Premiums) | Gain/(Loss) | Appreciation/(Depreciation) | Level 3 | 10/31/2010 | |||||||||||||||||||||
Common Stock | $w | $ | (w | ) | $ | — | $ | — | $ | — | $ | — | $ | — |
Transamerica Funds | Annual Report 2010 |
Page 38
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 99.4% | ||||||||
Air Freight & Logistics - 6.6% | ||||||||
CH Robinson Worldwide, Inc. ^ | 181,906 | $ | 12,820 | |||||
Expeditors International of Washington, Inc. ^ | 137,025 | 6,764 | ||||||
Auto Components - 3.9% | ||||||||
BorgWarner, Inc. ‡ ^ | 208,503 | 11,699 | ||||||
Biotechnology - 2.6% | ||||||||
BioMarin Pharmaceutical, Inc. ‡ ^ | 98,747 | 2,583 | ||||||
Myriad Genetics, Inc. ‡ ^ | 187,139 | 3,730 | ||||||
Onyx Pharmaceuticals, Inc. ‡ ^ | 54,644 | 1,466 | ||||||
Capital Markets - 4.2% | ||||||||
Cohen & Steers, Inc. ^ | 104,970 | 2,632 | ||||||
Greenhill & Co., Inc. ^ | 85,401 | 6,633 | ||||||
T. Rowe Price Group, Inc. ^ | 61,018 | 3,372 | ||||||
Chemicals - 1.4% | ||||||||
Ecolab, Inc. ^ | 83,621 | 4,124 | ||||||
Commercial Banks - 5.2% | ||||||||
City National Corp. ^ | 214,124 | 11,043 | ||||||
Marshall & Ilsley Corp. ^ | 768,545 | 4,542 | ||||||
Communications Equipment - 1.7% | ||||||||
Juniper Networks, Inc. ‡ ^ | 101,328 | 3,282 | ||||||
Polycom, Inc. ‡ ^ | 54,187 | 1,830 | ||||||
Construction & Engineering - 0.8% | ||||||||
Jacobs Engineering Group, Inc. ‡ ^ | 60,693 | 2,343 | ||||||
Construction Materials - 1.2% | ||||||||
Martin Marietta Materials, Inc. ^ | 45,790 | 3,685 | ||||||
Consumer Finance - 1.4% | ||||||||
Green Dot Corp. — Class A ‡ ^ | 81,306 | 4,130 | ||||||
Diversified Consumer Services - 1.2% | ||||||||
Strayer Education, Inc. ^ | 26,396 | 3,691 | ||||||
Diversified Financial Services - 1.7% | ||||||||
MSCI, Inc. — Class A ‡ ^ | 137,184 | 4,918 | ||||||
Electrical Equipment - 4.0% | ||||||||
Cooper Industries PLC — Class A ^ | 184,499 | 9,672 | ||||||
Hubbell, Inc. — Class B | 42,789 | 2,311 | ||||||
Energy Equipment & Services - 2.7% | ||||||||
Core Laboratories NV ^ | 103,644 | 8,061 | ||||||
Food Products - 1.1% | ||||||||
Green Mountain Coffee Roasters, Inc. ‡ ^ | 97,709 | 3,223 | ||||||
Health Care Equipment & Supplies - 3.5% | ||||||||
Idexx Laboratories, Inc. ‡ ^ | 48,450 | 2,905 | ||||||
Intuitive Surgical, Inc. ‡ | 28,189 | 7,412 | ||||||
Hotels, Restaurants & Leisure - 2.4% | ||||||||
Wynn Resorts, Ltd. ^ | 66,753 | 7,154 | ||||||
Internet & Catalog Retail - 3.8% | ||||||||
NetFlix, Inc. ‡ ^ | 10,700 | 1,856 | ||||||
priceline.com, Inc. ‡ ^ | 25,197 | 9,495 | ||||||
Internet Software & Services - 2.2% | ||||||||
Opentable, Inc. ‡ ^ | 44,285 | 2,717 | ||||||
Rackspace Hosting, Inc. ‡ ^ | 150,366 | 3,753 | ||||||
Life Sciences Tools & Services - 2.9% | ||||||||
Covance, Inc. ‡ ^ | 68,787 | 3,232 | ||||||
Illumina, Inc. ‡ ^ | 98,078 | 5,327 | ||||||
Machinery - 8.1% | ||||||||
Donaldson Co., Inc. ^ | 42,448 | 2,068 | ||||||
Joy Global, Inc. ^ | 91,455 | 6,489 | ||||||
Kennametal, Inc. ^ | 314,786 | 10,747 | ||||||
PACCAR, Inc. ^ | 92,547 | 4,744 | ||||||
Media - 4.5% | ||||||||
IMAX Corp. ‡ ^ | 603,970 | 13,075 | ||||||
Metals & Mining - 3.1% | ||||||||
Allegheny Technologies, Inc. ^ | 174,251 | 9,182 | ||||||
Oil, Gas & Consumable Fuels - 1.3% | ||||||||
Range Resources Corp. ^ | 99,558 | 3,722 | ||||||
Pharmaceuticals - 0.6% | ||||||||
Allergan, Inc. | 24,955 | 1,807 | ||||||
Professional Services - 1.4% | ||||||||
Robert Half International, Inc. ^ | 158,051 | 4,285 | ||||||
Road & Rail - 4.2% | ||||||||
Kansas City Southern ‡ ^ | 283,567 | 12,426 | ||||||
Semiconductors & Semiconductor Equipment - 2.8% | ||||||||
ARM Holdings PLC ADR ^ | 186,590 | 3,299 | ||||||
Broadcom Corp. — Class A ^ | 122,393 | 4,986 | ||||||
Software - 14.5% | ||||||||
Concur Technologies, Inc. ‡ ^ | 45,420 | 2,345 | ||||||
Informatica Corp. ‡ ^ | 140,254 | 5,707 | ||||||
Intuit, Inc. ‡ | 185,555 | 8,907 | ||||||
RealD, Inc. ‡ ^ | 310,037 | 6,486 | ||||||
Rovi Corp. ‡ ^ | 151,226 | 7,660 | ||||||
Salesforce.com, Inc. ‡ ^ | 103,545 | 12,018 | ||||||
Specialty Retail - 1.8% | ||||||||
CarMax, Inc. ‡ ^ | 97,511 | 3,022 | ||||||
Guess?, Inc. ^ | 59,813 | 2,328 | ||||||
Textiles, Apparel & Luxury Goods - 1.1% | ||||||||
Under Armour, Inc. — Class A ‡ ^ | 68,182 | 3,183 | ||||||
Trading Companies & Distributors - 1.5% | ||||||||
WW Grainger, Inc. ^ | 37,044 | 4,595 | ||||||
Total Common Stocks (cost $222,910) | 295,486 | |||||||
SECURITIES LENDING COLLATERAL - 25.7% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 76,542,802 | 76,543 | ||||||
Total Securities Lending Collateral (cost $76,543) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 0.6% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $1,862 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $1,903. | $ | 1,862 | 1,862 | |||||
Total Repurchase Agreement (cost $1,862) | ||||||||
Total Investment Securities (cost $301,315) # | 373,891 | |||||||
Other Assets and Liabilities — Net | (76,357 | ) | ||||||
Net Assets | $ | 297,534 | ||||||
Transamerica Funds | Annual Report 2010 |
Page 39
Table of Contents
At October 31, 2010
(all amounts in thousands)
NOTES TO SCHEDULE OF INVESTMENTS: | ||
^ | All or a portion of this security is on loan. The value of all securities on loan is $74,833. | |
‡ | Non-income producing security. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
# | Aggregate cost for federal income tax purposes is $301,669. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $76,829 and $4,607, respectively. Net unrealized appreciation for tax purposes is $72,222. |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 284,127 | $ | 11,359 | $ | — | $ | 295,486 | ||||||||
Repurchase Agreement | — | 1,862 | — | 1,862 | ||||||||||||
Securities Lending Collateral | 76,543 | — | — | 76,543 | ||||||||||||
Total | $ | 360,670 | $ | 13,221 | $ | — | $ | 373,891 | ||||||||
Transamerica Funds | Annual Report 2010 |
Page 40
Table of Contents
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
COMMERCIAL PAPER - 75.4% | ||||||||
Capital Markets - 4.2% | ||||||||
State Street Corp. | ||||||||
0.24%, 11/09/2010 | $ | 9,500 | $ | 9,499 | ||||
Commercial Banks - 13.5% | ||||||||
Barclays U.S. Funding Corp. | ||||||||
0.23%, 12/23/2010 | 1,000 | 1,000 | ||||||
Canadian Imperial Holdings, Inc. | ||||||||
0.25%, 12/03/2010 - 01/11/2011 | 11,500 | 11,495 | ||||||
Royal Bank of Scotland PLC | ||||||||
0.28%, 01/07/2011 - 01/10/2011 | 11,550 | 11,545 | ||||||
Toronto-Dominion Holdings USA, Inc. | ||||||||
0.25%, 12/07/2010 - 144A | 6,700 | 6,698 | ||||||
Computers & Peripherals - 4.5% | ||||||||
Hewlett-Packard Co. | ||||||||
0.20%, 11/17/2010 - 11/18/2010 -144A | 10,200 | 10,199 | ||||||
Consumer Finance - 5.0% | ||||||||
Toyota Motor Credit Corp. | ||||||||
0.26%, 11/04/2010 - 12/30/2010 | 4,000 | 4,000 | ||||||
0.28%, 12/06/2010 - 12/08/2010 | 4,600 | 4,598 | ||||||
0.30%, 01/27/2011 | 2,750 | 2,748 | ||||||
Diversified Financial Services - 46.1% | ||||||||
Alpine Securitization | ||||||||
0.24%, 11/12/2010 - 11/23/2010 -144A | 8,600 | 8,599 | ||||||
0.25%, 12/06/2010 - 144A | 2,800 | 2,799 | ||||||
American Honda Finance Corp. | ||||||||
0.24%, 12/23/2010 | 3,850 | 3,849 | ||||||
CAFCO LLC | ||||||||
0.28%, 01/21/2011 - 01/24/2011 -144A | 4,000 | 3,998 | ||||||
0.29%, 01/25/2011 - 144A | 2,300 | 2,298 | ||||||
Caterpillar Financial Services Corp. | ||||||||
0.23%, 11/19/2010 | 1,000 | 1,000 | ||||||
Ciesco LLC | ||||||||
0.36%, 11/08/2010 - 144A | 4,600 | 4,600 | ||||||
General Electric Capital Corp. | ||||||||
0.23%, 11/02/2010 - 11/10/2010 | 11,900 | 11,900 | ||||||
Nestle Capital Corp. | ||||||||
0.23%, 12/16/2010 - 144A | 5,500 | 5,498 | ||||||
Old Line Funding LLC | ||||||||
0.25%, 11/01/2010 - 11/15/2010 -144A | 9,000 | 8,998 | ||||||
0.26%, 12/08/2010 - 144A | 1,600 | 1,600 | ||||||
PACCAR Financial Corp. | ||||||||
0.26%, 12/13/2010 - 12/16/2010 | 6,500 | 6,498 | ||||||
0.28%, 12/01/2010 | 1,600 | 1,600 | ||||||
Rabobank USA Financial Corp. | ||||||||
0.27%, 02/08/2011 | 4,000 | 3,997 | ||||||
Sheffield Receivables Corp. | ||||||||
0.26%, 12/02/2010 - 01/10/2011 -144A | 4,700 | 4,698 | ||||||
0.27%, 01/24/2011 - 01/25/2011 -144A | 5,100 | 5,097 | ||||||
Straight-A Funding LLC | ||||||||
0.23%, 11/08/2010 - 144A | 1,200 | 1,200 | ||||||
0.24%, 12/01/2010 - 144A | 1,800 | 1,800 | ||||||
0.25%, 11/16/2010 - 12/21/2010 -144A | 8,800 | 8,798 | ||||||
UBS Finance Delaware LLC | ||||||||
0.20%, 11/01/2010 | 3,500 | 3,500 | ||||||
0.21%, 11/26/2010 - 11/30/2010 | 6,800 | 6,798 | ||||||
Wal-Mart Funding Corp. | ||||||||
0.25%, 11/10/2010 - 144A | 5,500 | 5,499 | ||||||
Food & Staples Retailing - 2.1% | ||||||||
Wal-Mart Stores, Inc. | ||||||||
0.20%, 11/15/2010 - 144A | 4,800 | 4,800 | ||||||
Total Commercial Paper (cost $171,206) | 171,206 | |||||||
SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 10.3% | ||||||||
Fannie Mae | ||||||||
0.20%, 12/13/2010 ▲ | 4,200 | 4,199 | ||||||
Freddie Mac | ||||||||
0.14%, 11/19/2010 ▲ | 2,000 | 2,000 | ||||||
0.17%, 11/05/2010 - 11/26/2010 ▲ | 13,200 | 13,199 | ||||||
0.19%, 11/30/2010 - 12/14/2010 ▲ | 3,900 | 3,900 | ||||||
Total Short-Term U.S. Government Obligations (cost $23,298) | 23,298 | |||||||
REPURCHASE AGREEMENTS - 14.4% | ||||||||
Bank of America NA 0.23% ▲, dated 10/29/2010, to be repurchased at $32,501 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.50%, due 10/20/2040, and with a value of $33,205. | 32,500 | 32,500 | ||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $160 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/25/2038, and with a value of $166. | 160 | 160 | ||||||
Total Repurchase Agreements (cost $32,660) | 32,660 | |||||||
Total Investment Securities (cost $227,164) # | 227,164 | |||||||
Other Assets and Liabilities — Net | (291 | ) | ||||||
Net Assets | $ | 226,873 | ||||||
NOTES TO SCHEDULE OF INVESTMENTS: | ||
▲ | Rate shown reflects the yield at 10/29/2010. | |
# | Aggregate cost for federal income tax purposes is $227,164. | |
DEFINITION: | ||
144A | 144A Securities are registered pursuant to Rule 144A of the Securities Act of 1933. These securities are deemed to be liquid for purposes of compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At 10/31/2010, these securities aggregated $87,179, or 38.43%, of the fund’s net assets. |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Commercial Paper | $ | — | $ | 171,206 | $ | — | $ | 171,206 | ||||||||
Repurchase Agreements | $ | — | 32,660 | — | 32,660 | |||||||||||
Short-Term U.S. Government Obligations | — | 23,298 | — | 23,298 | ||||||||||||
Total | $ | — | $ | 227,164 | $ | — | $ | 227,164 | ||||||||
Transamerica Funds | Annual Report 2010 |
Page 41
Table of Contents
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
U.S. GOVERNMENT AGENCY OBLIGATIONS - 0.5% | ||||||||
Fannie Mae | ||||||||
4.50%, 09/25/2020 | $ | 246 | $ | 246 | ||||
5.00%, 06/25/2034 | 2,314 | 2,460 | ||||||
Freddie Mac | ||||||||
2.73%, 06/01/2035 * | 4,899 | 5,115 | ||||||
5.05%, 08/01/2037 * | 938 | 979 | ||||||
5.43%, 02/01/2038 * | 3,913 | 4,161 | ||||||
5.50%, 01/15/2029 | 386 | 386 | ||||||
Total U.S. Government Agency Obligations (cost $12,774) | 13,347 | |||||||
FOREIGN GOVERNMENT OBLIGATION - 1.2% | ||||||||
United Mexican States | ||||||||
7.50%, 06/21/2012 MXN | 402,000 | 34,066 | ||||||
Total Foreign Government Obligation (cost $32,781) | ||||||||
MORTGAGE-BACKED SECURITIES - 20.5% | ||||||||
American General Mortgage Loan Trust | ||||||||
Series 2009-1, Class A5 | ||||||||
5.75%, 09/25/2048 - 144A * | $ | 13,311 | 13,983 | |||||
Series 2009-1, Class A6 | ||||||||
5.75%, 09/25/2048 - 144A * | 13,000 | 13,546 | ||||||
American Tower Trust | ||||||||
Series 2007-1A, Class AFX | ||||||||
5.42%, 04/15/2037 - 144A | 22,047 | 24,293 | ||||||
Series 2007-1A, Class B | ||||||||
5.54%, 04/15/2037 - 144A | 4,750 | 5,078 | ||||||
Series 2007-1A, Class D | ||||||||
5.96%, 04/15/2037 - 144A | 7,425 | 7,936 | ||||||
Banc of America Funding Corp. | ||||||||
Series 2010-R4, Class 1A1 | ||||||||
5.50%, 07/26/2036 - 144A | 9,851 | 10,035 | ||||||
Series 2010-R6, Class 4A1 | ||||||||
3.25%, 07/26/2035 - 144A * | 8,256 | 8,225 | ||||||
BCAP LLC Trust | ||||||||
Series 2009-RR10, Class 2A1 | ||||||||
3.08%, 08/26/2035 - 144A * | 4,605 | 4,623 | ||||||
Series 2009-RR13, Class 13A3 | ||||||||
5.25%, 03/26/2037 - 144A * | 9,513 | 9,758 | ||||||
Series 2009-RR13, Class 14A1 | ||||||||
5.25%, 03/26/2037 - 144A * | 4,624 | 4,733 | ||||||
Series 2009-RR13, Class 2A3 | ||||||||
5.52%, 02/26/2036 - 144A * ə | 7,471 | 7,508 | ||||||
Series 2009-RR13, Class 7A1 | ||||||||
5.25%, 10/26/2036 - 144A * | 2,895 | 2,948 | ||||||
Series 2009-RR14, Class 1A1 | ||||||||
6.00%, 05/26/2037 - 144A * ə | 10,591 | 10,750 | ||||||
Series 2009-RR2, Class A1 | ||||||||
5.43%, 01/21/2038 - 144A * | 24,131 | 24,360 | ||||||
Series 2009-RR3, Class 1A2 | ||||||||
6.00%, 11/26/2036 - 144A * | 3,164 | 3,351 | ||||||
Series 2009-RR3, Class 2A1 | ||||||||
5.60%, 05/26/2037 - 144A * | 11,421 | 11,855 | ||||||
Series 2009-RR6, Class 2A1 | ||||||||
5.25%, 08/26/2035 - 144A * | 12,368 | 11,996 | ||||||
Series 2010-RR1, Class 12A1 | ||||||||
5.25%, 08/26/2036 - 144A * | 11,397 | 11,917 | ||||||
Series 2010-RR6, Class 15A5 | ||||||||
5.50%, 12/26/2036 - 144A * ə | 8,723 | 8,723 | ||||||
Series 2010-RR6, Class 16A5 | ||||||||
5.50%, 04/26/2036 - 144A * ə | 4,248 | 4,291 | ||||||
Series 2010-RR6, Class 1A5 | ||||||||
5.00%, 08/26/2022 - 144A * | 16,372 | 16,865 | ||||||
Series 2010-RR6, Class 20A1 | ||||||||
4.50%, 11/26/2035 - 144A * | 4,833 | 4,882 | ||||||
Capmark Military Housing Trust | ||||||||
Series 2008-AMCW, Class A2 | ||||||||
5.91%, 03/10/2015 - 144A | 4,900 | 5,441 | ||||||
Credit Suisse Mortgage Capital Certificates | ||||||||
Series 2009-12R, Class 36A1 | ||||||||
5.44%, 06/27/2036 - 144A * | 11,307 | 11,853 | ||||||
Series 2009-16R, Class 11A1 | ||||||||
7.00%, 08/26/2036 - 144A | 8,807 | 9,396 | ||||||
Series 2010-12R, Class 10A1 | ||||||||
4.50%, 11/26/2036 - 144A * ə | 12,418 | 12,655 | ||||||
Series 2010-15R, Class 2A1 | ||||||||
3.50%, 05/26/2036 - 144A * | 14,638 | 14,712 | ||||||
Series 2010-15R, Class 6A1 | ||||||||
3.50%, 10/26/2046 - 144A * | 16,135 | 16,228 | ||||||
Series 2010-18R, Class 3A1 | ||||||||
4.00%, 03/26/2037 - 144A ə | 19,355 | 19,452 | ||||||
Global Tower Partners Acquisition Partners LLC | ||||||||
Series 2007-1A, Class AFL | ||||||||
0.46%, 05/15/2037 - 144A * | 28,750 | 28,041 | ||||||
Series 2007-1A, Class B | ||||||||
5.52%, 05/15/2037 - 144A | 8,880 | 9,263 | ||||||
Series 2007-1A, Class C | ||||||||
5.64%, 05/15/2037 - 144A | 8,070 | 8,401 | ||||||
Series 2007-1A, Class E | ||||||||
6.22%, 05/15/2037 - 144A | 7,870 | 8,143 | ||||||
GMAC Mortgage Corp., Loan Trust | ||||||||
Series 2010-1, Class A | ||||||||
4.25%, 07/25/2040 - 144A | 10,898 | 10,879 | ||||||
Jefferies & Co., Inc. | ||||||||
Series 2009-R2, Class 2A | ||||||||
6.25%, 12/26/2037 - 144A * | 3,276 | 3,414 | ||||||
Series 2009-R2, Class 3A | ||||||||
5.74%, 01/26/2047 - 144A * | 4,043 | 4,116 | ||||||
Series 2009-R7, Class 10A3 | ||||||||
6.00%, 12/26/2036 - 144A | 2,866 | 3,049 | ||||||
Series 2009-R7, Class 11A1 | ||||||||
5.05%, 03/26/2037 - 144A * | 5,051 | 5,102 | ||||||
Series 2009-R7, Class 12A1 | ||||||||
5.29%, 08/26/2036 - 144A * | 3,255 | 3,284 | ||||||
Series 2009-R7, Class 16A1 | ||||||||
5.59%, 12/26/2036 - 144A * | 1,990 | 2,025 | ||||||
Series 2009-R7, Class 4A1 | ||||||||
3.06%, 09/26/2034 - 144A * | 3,819 | 3,826 | ||||||
Series 2009-R9, Class 1A1 | ||||||||
5.74%, 08/26/2046 - 144A * | 9,640 | 9,743 | ||||||
Series 2010-R2, Class 1A1 | ||||||||
6.00%, 05/26/2036 - 144A | 13,347 | 14,075 | ||||||
Series 2010-R3, Class 1A1 | ||||||||
5.52%, 03/21/2036 - 144A * | 10,868 | 10,825 | ||||||
Series 2010-R6, Class 1A1 | ||||||||
4.00%, 09/26/2037 - 144A | 15,852 | 16,110 | ||||||
JP Morgan Re-REMIC | ||||||||
Series 2009-5, Class 6A1 | ||||||||
5.96%, 04/26/2037 - 144A * | 6,029 | 6,234 | ||||||
Series 2009-7, Class 8A1 | ||||||||
5.66%, 01/27/2047 - 144A * | 5,329 | 5,351 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 42
Table of Contents
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
MORTGAGE-BACKED SECURITIES — (continued) | ||||||||
JP Morgan Re-REMIC (continued) | ||||||||
Series 2010-4, Class 7A1 | ||||||||
4.32%, 08/26/2035 - 144A * | $ | 18,372 | $ | 18,617 | ||||
Series 2010-5, Class 2A2 | ||||||||
4.50%, 07/26/2035 - 144A * | 14,602 | 14,814 | ||||||
Series 2009-11, Class 1A1 | ||||||||
5.75%, 02/26/2037 - 144A * | 11,735 | 12,006 | ||||||
Mortgage Equity Conversion Asset Trust | ||||||||
Series 2010-1A, Class A | ||||||||
4.00%, 07/25/2060 - 144A | 15,068 | 15,064 | ||||||
RBSSP Resecuritization Trust | ||||||||
Series 2009-1, Class 10A1 | ||||||||
6.50%, 07/26/2037 - 144A | 15,701 | 16,514 | ||||||
Station Place Securitization Trust | ||||||||
Series 2009-1, Class A | ||||||||
1.76%, 12/29/2010 - 144A * | 18,555 | 18,540 | ||||||
Wells Fargo Mortgage Backed Securities Trust | ||||||||
Series 2003-G, Class A1 | ||||||||
4.10%, 06/25/2033 * | 2,818 | 2,877 | ||||||
Wells Fargo Mortgage Loan Trust | ||||||||
Series 2010-RR1, Class 2A1 | ||||||||
0.37%, 08/27/2047 - 144A * | 6,852 | 6,755 | ||||||
Series 2010-RR2, Class 1A1 | ||||||||
5.21%, 09/27/2035 - 144A * | 12,142 | 12,478 | ||||||
Series 2010-RR4, Class 1A1 | ||||||||
5.52%, 12/27/2046 - 144A * | 12,789 | 12,883 | ||||||
Total Mortgage-Backed Securities (cost $578,506) | 593,822 | |||||||
ASSET-BACKED SECURITIES - 8.6% | ||||||||
America West Airlines Pass-Through Trust | ||||||||
Series 2001-1, Class G | ||||||||
8.06%, 07/02/2020 | 12,108 | 12,835 | ||||||
American Airlines Pass-Through Trust | ||||||||
Series 2001-2, Class A2 | ||||||||
7.86%, 10/01/2011 | 24,030 | 25,140 | ||||||
Continental Airlines Pass-Through Trust | ||||||||
Series 1997-1, Class A | ||||||||
7.46%, 04/01/2015 | 18,935 | 19,740 | ||||||
Series 2001-1, Class A2 | ||||||||
6.50%, 06/15/2011 | 3,230 | 3,311 | ||||||
Delta Air Lines, Inc. | ||||||||
Series 2000-1, Class A-2 | ||||||||
7.57%, 11/18/2010 | 17,209 | 17,295 | ||||||
Series 2001-1, Class A-2 | ||||||||
7.11%, 03/18/2013 | 7,590 | 7,951 | ||||||
Dominos Pizza Master Issuer LLC | ||||||||
Series 2007-1, Class A2 | ||||||||
5.26%, 04/25/2037 - 144A | 19,645 | 19,989 | ||||||
DT Auto Owner Trust | ||||||||
Series 2009-1, Class C | ||||||||
10.75%, 10/15/2015 - 144A | 10,108 | 10,841 | ||||||
Gazprom Via Gaz Capital SA | ||||||||
8.13%, 07/31/2014 - 144A | 12,400 | 14,090 | ||||||
Newmont Gold Co., Pass-Through Trust | ||||||||
Series 1994, Class A2 | ||||||||
9.25%, 07/05/2012 | 1,842 | 1,980 | ||||||
Northwest Airlines Pass-Through Trust | ||||||||
Series 2001-1, Class A-2 | ||||||||
6.84%, 04/01/2011 | 2,450 | 2,505 | ||||||
Series 2001-1, Class G1 | ||||||||
1.10%, 05/20/2014 * ^ | 1,146 | 1,031 | ||||||
Oil and Gas Royalty Trust | ||||||||
Series 2005-1A, Class C | ||||||||
5.94%, 04/28/2013 - 144A | 8,641 | 8,951 | ||||||
PF Export Receivables Master Trust | ||||||||
Series A | ||||||||
6.44%, 06/01/2015 - 144A | 21,595 | 22,999 | ||||||
Tax Liens Securitization Trust | ||||||||
Series 2010-1A, Class 2A2 | ||||||||
2.00%, 04/15/2018 - 144A | 28,270 | 28,241 | ||||||
Trafigura Securitisation Finance PLC | ||||||||
Series 2007-1, Class A | ||||||||
0.50%, 12/15/2012 * | 11,800 | 11,328 | ||||||
UAL Pass-Through Trust | ||||||||
Series 2009-1 | ||||||||
10.40%, 11/01/2016 | 24,071 | 27,199 | ||||||
Vitol Master Trust | ||||||||
Series 2004-1, Class 1 | ||||||||
0.65%, 07/15/2012 * | 12,600 | 12,419 | ||||||
Total Asset-Backed Securities (cost $241,933) | 247,845 | |||||||
MUNICIPAL GOVERNMENT OBLIGATION - 0.6% | ||||||||
Rhode Island Economic Development Corp. | ||||||||
6.00%, 11/01/2015 § | 16,950 | 17,060 | ||||||
Total Municipal Government Obligation (cost $16,950) | ||||||||
PREFERRED CORPORATE DEBT SECURITIES - 1.4% | ||||||||
Capital Markets - 0.6% | ||||||||
State Street Capital Trust III | ||||||||
8.25%, 03/15/2011 * Ž | 16,140 | 16,435 | ||||||
Diversified Financial Services - 0.8% | ||||||||
ZFS Finance USA Trust I | ||||||||
6.15%, 12/15/2065 - 144A * | 23,845 | 23,517 | ||||||
Total Preferred Corporate Debt Securities (cost $39,498) | 39,952 | |||||||
CORPORATE DEBT SECURITIES - 65.8% | ||||||||
Airlines - 0.5% | ||||||||
Southwest Airlines Co. | ||||||||
10.50%, 12/15/2011 - 144A | 12,525 | 13,657 | ||||||
Capital Markets - 2.5% | ||||||||
Macquarie Group, Ltd. | ||||||||
7.30%, 08/01/2014 - 144A | 20,590 | 23,272 | ||||||
Morgan Stanley | ||||||||
0.77%, 10/15/2015 * | 19,060 | 17,521 | ||||||
2.88%, 05/14/2013 * ^ | 4,800 | 4,915 | ||||||
UBS AG | ||||||||
1.44%, 02/23/2012 * | 8,000 | 8,063 | ||||||
2.25%, 08/12/2013 ^ | 17,165 | 17,537 | ||||||
Chemicals - 1.6% | ||||||||
Dow Chemical Co. | ||||||||
6.85%, 08/15/2013 | 5,400 | 5,977 | ||||||
Methanex Corp. | ||||||||
8.75%, 08/15/2012 | 17,216 | 18,335 | ||||||
Mosaic Co. | ||||||||
7.38%, 12/01/2014 - 144A | 22,040 | 22,828 | ||||||
Commercial Banks - 8.5% | ||||||||
Banco Santander Chile | ||||||||
2.88%, 11/13/2012 - 144A | 26,595 | 26,786 | ||||||
Bank of Scotland PLC | ||||||||
5.00%, 11/21/2011 - 144A | 930 | 961 | ||||||
Fifth Third Bank | ||||||||
0.48%, 05/17/2013 * | 27,365 | 26,226 | ||||||
First Tennessee Bank NA | ||||||||
4.63%, 05/15/2013 | 8,585 | 8,621 | ||||||
ICICI Bank, Ltd. | ||||||||
6.63%, 10/03/2012 - 144A | 23,550 | 25,270 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 43
Table of Contents
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
Commercial Banks — (continued) | ||||||||
M&I Marshall & Ilsley Bank | ||||||||
5.30%, 09/08/2011 | $ | 5,000 | $ | 5,020 | ||||
6.38%, 09/01/2011 | 12,095 | 12,356 | ||||||
Regions Financial Corp. | ||||||||
0.46%, 06/26/2012 * | 7,750 | 7,418 | ||||||
4.88%, 04/26/2013 | 6,456 | 6,556 | ||||||
7.75%, 11/10/2014 | 13,000 | 14,226 | ||||||
Royal Bank of Scotland PLC | ||||||||
2.76%, 08/23/2013 * | 26,415 | 27,049 | ||||||
Silicon Valley Bank | ||||||||
5.70%, 06/01/2012 | 4,315 | 4,490 | ||||||
SunTrust Banks, Inc. | ||||||||
5.25%, 11/05/2012 | 20,595 | 21,767 | ||||||
Wachovia Corp. | ||||||||
0.63%, 10/28/2015 * | 22,400 | 20,663 | ||||||
Webster Bank NA | ||||||||
5.88%, 01/15/2013 | 7,338 | 7,514 | ||||||
Westpac Securities NZ, Ltd. | ||||||||
2.63%, 01/28/2013 - 144A | 17,000 | 17,418 | ||||||
Zions Bancorporation | ||||||||
7.75%, 09/23/2014 | 12,900 | 13,730 | ||||||
Commercial Services & Supplies - 0.2% | ||||||||
Avery Dennison Corp. | ||||||||
4.88%, 01/15/2013 | 6,000 | 6,357 | ||||||
Computers & Peripherals - 0.5% | ||||||||
Seagate Technology International | ||||||||
10.00%, 05/01/2014 - 144A | 12,715 | 15,512 | ||||||
Construction Materials - 2.2% | ||||||||
CRH America, Inc. | ||||||||
5.30%, 10/15/2013 | 4,600 | 4,951 | ||||||
Lafarge SA | ||||||||
5.50%, 07/09/2015 - 144A | 10,000 | 10,633 | ||||||
6.15%, 07/15/2011 | 10,008 | 10,352 | ||||||
Lafarge North America, Inc. | ||||||||
6.88%, 07/15/2013 | 4,500 | 4,941 | ||||||
Martin Marietta Materials, Inc. | ||||||||
6.88%, 04/01/2011 | 8,000 | 8,161 | ||||||
Vulcan Materials Co. | ||||||||
6.30%, 06/15/2013 | 21,960 | 23,875 | ||||||
Consumer Finance - 0.7% | ||||||||
Block Financial LLC | ||||||||
7.88%, 01/15/2013 | 20,495 | 21,172 | ||||||
Containers & Packaging - 1.2% | ||||||||
Rexam PLC | ||||||||
6.75%, 06/01/2013 - 144A | 26,424 | 28,690 | ||||||
Sonoco Products Co. | ||||||||
6.50%, 11/15/2013 | 4,940 | 5,541 | ||||||
Diversified Financial Services - 10.4% | ||||||||
American Honda Finance Corp. | ||||||||
2.38%, 03/18/2013 - 144A | 7,000 | 7,178 | ||||||
Citigroup, Inc. | ||||||||
5.63%, 08/27/2012 | 20,589 | 21,777 | ||||||
6.00%, 12/13/2013 ^ | 6,000 | 6,637 | ||||||
FIA Card Services NA | ||||||||
7.13%, 11/15/2012 | 22,691 | 24,638 | ||||||
FMR LLC | ||||||||
4.75%, 03/01/2013 - 144A | 17,560 | 18,618 | ||||||
General Electric Capital Corp. | ||||||||
0.42%, 11/01/2012 * | 23,000 | 22,782 | ||||||
Glencore Funding LLC | ||||||||
6.00%, 04/15/2014 - 144A | 13,925 | 14,521 | ||||||
GTP Towers Issuer LLC | ||||||||
4.44%, 02/15/2015 - 144A | 10,000 | 10,671 | ||||||
Harley-Davidson Funding Corp. | ||||||||
5.00%, 12/15/2010 - 144A | 12,230 | 12,256 | ||||||
5.25%, 12/15/2012 - 144A | 16,935 | 17,857 | ||||||
International Lease Finance Corp. | ||||||||
6.50%, 09/01/2014 - 144A | 26,000 | 28,081 | ||||||
Invesco, Ltd. | ||||||||
5.38%, 02/27/2013 | 17,640 | 18,832 | ||||||
Irish Life & Permanent Group Holdings PLC | ||||||||
3.60%, 01/14/2013 - 144A | 24,885 | 23,315 | ||||||
JPMorgan Chase & Co. | ||||||||
5.75%, 01/02/2013 | 12,000 | 13,071 | ||||||
Marina District Finance Co., Inc. | ||||||||
9.50%, 10/15/2015 - 144A ^ | 13,930 | 13,738 | ||||||
Nissan Motor Acceptance Corp. | ||||||||
3.25%, 01/30/2013 - 144A | 2,940 | 3,035 | ||||||
Pemex Finance, Ltd. | ||||||||
9.03%, 02/15/2011 | 4,316 | 4,367 | ||||||
Prime Property Funding II, Inc. | ||||||||
5.60%, 06/15/2011 - 144A | 736 | 748 | ||||||
QHP Royalty Sub LLC | ||||||||
10.25%, 03/15/2015 - 144A | 9,954 | 10,168 | ||||||
Selkirk Cogen Funding Corp. — Series A | ||||||||
8.98%, 06/26/2012 | 10,091 | 10,608 | ||||||
TNK-BP Finance SA | ||||||||
7.50%, 03/13/2013 - 144A | 12,995 | 14,083 | ||||||
Woodside Finance, Ltd. | ||||||||
5.00%, 11/15/2013 - 144A | 4,450 | 4,861 | ||||||
8.13%, 03/01/2014 - 144A | 2,450 | 2,891 | ||||||
Diversified Telecommunication Services - 1.8% | ||||||||
Qwest Corp. | ||||||||
3.54%, 06/15/2013 * | 26,220 | 27,465 | ||||||
Telefonica Emisiones SAU | ||||||||
0.62%, 02/04/2013 * | 24,565 | 24,206 | ||||||
Electric Utilities - 0.9% | ||||||||
KCP&L Greater Missouri Operations Co. | ||||||||
11.88%, 07/01/2012 | 22,100 | 25,415 | ||||||
Electronic Equipment & Instruments - 0.5% | ||||||||
Tyco Electronics Group SA | ||||||||
6.00%, 10/01/2012 | 12,146 | 13,153 | ||||||
Energy Equipment & Services - 1.3% | ||||||||
Enterprise Products Operating LLC | ||||||||
7.63%, 02/15/2012 | 7,855 | 8,411 | ||||||
Gilroy Energy Center LLC | ||||||||
4.00%, 08/15/2011 - 144A | 1,205 | 1,203 | ||||||
MarkWest Energy Partners LP | ||||||||
6.88%, 11/01/2014 | 1,450 | 1,483 | ||||||
NGPL Pipeco LLC | ||||||||
6.51%, 12/15/2012 - 144A | 24,005 | 25,899 | ||||||
Food & Staples Retailing - 0.9% | ||||||||
Stater Brothers Holdings, Inc. | ||||||||
8.13%, 06/15/2012 | 4,400 | 4,406 | ||||||
SUPERVALU, Inc. | ||||||||
7.50%, 11/15/2014 | 13,400 | 13,500 | ||||||
Woolworths, Ltd. | ||||||||
5.25%, 11/15/2011 - 144A | 7,000 | 7,283 | ||||||
Food Products - 0.2% | ||||||||
UST LLC | ||||||||
6.63%, 07/15/2012 | 6,460 | 6,999 | ||||||
Gas Utilities - 0.2% | ||||||||
EQT Corp. | ||||||||
5.15%, 11/15/2012 | 6,460 | 6,858 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 44
Table of Contents
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
Hotels, Restaurants & Leisure - 1.0% | ||||||||
Carrols Corp. | ||||||||
9.00%, 01/15/2013 | $ | 7,000 | $ | 7,070 | ||||
Marriott International, Inc. | ||||||||
5.63%, 02/15/2013 | 10,725 | 11,619 | ||||||
4.63%, 06/15/2012 | 9,850 | 10,307 | ||||||
Household Durables - 0.4% | ||||||||
Whirlpool Corp. | ||||||||
8.00%, 05/01/2012 | 10,000 | 10,912 | ||||||
Industrial Conglomerates - 0.9% | ||||||||
Hutchison Whampoa International 03/13, Ltd. | ||||||||
6.50%, 02/13/2013 - 144A | 22,810 | 25,165 | ||||||
Insurance - 1.7% | ||||||||
Fidelity National Financial, Inc. | ||||||||
5.25%, 03/15/2013 | 13,289 | 13,569 | ||||||
Liberty Mutual Group, Inc. | ||||||||
5.75%, 03/15/2014 - 144A | 10,200 | 10,761 | ||||||
7.25%, 09/01/2012 - 144A | 6,958 | 7,438 | ||||||
Reinsurance Group of America, Inc. | ||||||||
6.75%, 12/15/2011 | 15,490 | 16,147 | ||||||
Leisure Equipment & Products - 0.3% | ||||||||
Mattel, Inc. | ||||||||
5.63%, 03/15/2013 | 8,000 | 8,659 | ||||||
Machinery - 0.9% | ||||||||
Case New Holland, Inc. | ||||||||
7.75%, 09/01/2013 | 13,195 | 14,416 | ||||||
Kennametal, Inc. | ||||||||
7.20%, 06/15/2012 | 9,950 | 10,334 | ||||||
Metals & Mining - 3.1% | ||||||||
Anglo American Capital PLC | ||||||||
9.38%, 04/08/2014 - 144A | 22,525 | 27,668 | ||||||
ArcelorMittal | ||||||||
5.38%, 06/01/2013 | 24,010 | 25,927 | ||||||
Freeport-McMoRan Corp. | ||||||||
8.75%, 06/01/2011 | 9,183 | 9,567 | ||||||
Steel Dynamics, Inc. | ||||||||
7.38%, 11/01/2012 | 4,770 | 5,098 | ||||||
Xstrata Canada Corp. | ||||||||
7.35%, 06/05/2012 | 18,796 | 20,302 | ||||||
Multi-Utilities - 0.5% | ||||||||
Black Hills Corp. | ||||||||
6.50%, 05/15/2013 | 9,290 | 10,124 | ||||||
9.00%, 05/15/2014 | 4,100 | 4,858 | ||||||
Oil, Gas & Consumable Fuels - 5.6% | ||||||||
Consol Energy, Inc. | ||||||||
7.88%, 03/01/2012 | 23,715 | 25,376 | ||||||
El Paso Corp. | ||||||||
7.00%, 05/15/2011 | 3,250 | 3,334 | ||||||
7.38%, 12/15/2012 ^ | 2,000 | 2,151 | ||||||
7.88%, 06/15/2012 | 2,945 | 3,144 | ||||||
Empresa Nacional del Petroleo | ||||||||
6.75%, 11/15/2012 - 144A | 12,938 | 14,173 | ||||||
Energy Transfer Partners, LP | ||||||||
6.00%, 07/01/2013 | 21,736 | 23,983 | ||||||
Kinder Morgan, Inc. | ||||||||
6.50%, 09/01/2012 | 5,316 | 5,635 | ||||||
Kinder Morgan Energy Partners, LP | ||||||||
5.00%, 12/15/2013 | 13,826 | 15,146 | ||||||
Lukoil International Finance BV | ||||||||
6.38%, 11/05/2014 - 144A | 12,980 | 14,002 | ||||||
Marathon Oil Corp. | ||||||||
8.38%, 05/01/2012 | 6,000 | 6,587 | ||||||
Murphy Oil Corp. | ||||||||
6.38%, 05/01/2012 | 8,240 | 8,802 | ||||||
Nustar Logistics, LP | ||||||||
6.05%, 03/15/2013 | 2,787 | 2,996 | ||||||
6.88%, 07/15/2012 | 8,115 | 8,740 | ||||||
Ras Laffan Liquefied Natural Gas Co., Ltd. III | ||||||||
4.50%, 09/30/2012 - 144A | 11,915 | 12,485 | ||||||
5.83%, 09/30/2016 - 144A | 12,196 | 13,268 | ||||||
Tengizchevroil Finance Co., SARL | ||||||||
6.12%, 11/15/2014 - 144A | 1,440 | 1,516 | ||||||
Paper & Forest Products - 0.3% | ||||||||
Celulosa Arauco y Constitucion SA | ||||||||
5.13%, 07/09/2013 | 9,400 | 10,042 | ||||||
Real Estate Investment Trusts - 9.5% | ||||||||
AvalonBay Communities, Inc. | ||||||||
4.95%, 03/15/2013 ^ | 3,546 | 3,821 | ||||||
Boston Properties, LP | ||||||||
6.25%, 01/15/2013 | 10,000 | 11,003 | ||||||
BRE Properties, Inc. | ||||||||
7.45%, 01/15/2011 | 8,500 | 8,598 | ||||||
Dexus Property Group | ||||||||
7.13%, 10/15/2014 - 144A | 15,325 | 17,417 | ||||||
Digital Realty Trust, LP | ||||||||
4.50%, 07/15/2015 - 144A | 9,900 | 10,289 | ||||||
Duke Realty, LP | ||||||||
4.63%, 05/15/2013 ^ | 5,000 | 5,220 | ||||||
5.63%, 08/15/2011 | 2,000 | 2,044 | ||||||
5.88%, 08/15/2012 | 6,053 | 6,396 | ||||||
6.25%, 05/15/2013 | 6,386 | 6,927 | ||||||
ERP Operating, LP | ||||||||
5.20%, 04/01/2013 | 11,080 | 11,979 | ||||||
5.50%, 10/01/2012 | 8,205 | 8,796 | ||||||
HCP, Inc. | ||||||||
5.65%, 12/15/2013 | 26,605 | 29,095 | ||||||
Healthcare Realty Trust, Inc. | ||||||||
8.13%, 05/01/2011 | 14,330 | 14,814 | ||||||
Host Hotels & Resorts, LP | ||||||||
7.13%, 11/01/2013 | 7,145 | 7,234 | ||||||
Kilroy Realty, LP | ||||||||
5.00%, 11/03/2015 | 14,130 | 14,282 | ||||||
Kimco Realty Corp. | ||||||||
6.00%, 11/30/2012 | 3,860 | 4,180 | ||||||
Liberty Property, LP | ||||||||
6.38%, 08/15/2012 | 13,270 | 14,287 | ||||||
Pan Pacific Retail Properties, Inc. | ||||||||
6.13%, 01/15/2013 | 4,000 | 4,277 | ||||||
PPF Funding, Inc. | ||||||||
5.35%, 04/15/2012 - 144A | 23,740 | 24,342 | ||||||
Shurgard Storage Centers LLC | ||||||||
5.88%, 03/15/2013 | 2,910 | 3,167 | ||||||
Tanger Properties, LP | ||||||||
6.15%, 11/15/2015 | 11,265 | 12,684 | ||||||
UDR, Inc. | ||||||||
5.13%, 01/15/2014 | 4,900 | 5,163 | ||||||
5.50%, 04/01/2014 | 5,500 | 5,870 | ||||||
United Dominion Realty Trust | ||||||||
5.00%, 01/15/2012 | 8,847 | 9,163 | ||||||
6.05%, 06/01/2013 ^ | 6,080 | 6,563 | ||||||
WEA Finance LLC | ||||||||
5.40%, 10/01/2012 - 144A | 16,010 | 17,076 | ||||||
Weingarten Realty Investors | ||||||||
5.65%, 01/15/2013 | 4,965 | 5,201 | ||||||
Westfield Capital Corp., Ltd. | ||||||||
5.13%, 11/15/2014 - 144A | 5,170 | 5,656 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 45
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Principal | Value | |||||||
Real Estate Management & Development - 2.6% | ||||||||
Brookfield Asset Management, Inc. | ||||||||
7.13%, 06/15/2012 | $ | 25,089 | $ | 26,946 | ||||
Post Apartment Homes, LP | ||||||||
5.45%, 06/01/2012 | 9,399 | 9,757 | ||||||
6.30%, 06/01/2013 | 12,926 | 13,955 | ||||||
7.70%, 12/20/2010 ^ | 5,000 | 5,038 | ||||||
Retail Property Trust | ||||||||
7.18%, 09/01/2013 - 144A | 16,445 | 18,296 | ||||||
Semiconductors & Semiconductor Equipment - 0.9% | ||||||||
Maxim Integrated Products, Inc. | ||||||||
3.45%, 06/14/2013 | 25,000 | 25,804 | ||||||
Tobacco - 0.7% | ||||||||
Reynolds American, Inc. | ||||||||
7.25%, 06/01/2012 | 17,945 | 19,362 | ||||||
Trading Companies & Distributors - 1.5% | ||||||||
GATX Corp. | ||||||||
4.75%, 10/01/2012 | 16,950 | 17,805 | ||||||
Noble Group, Ltd. | ||||||||
8.50%, 05/30/2013 - 144A | 24,175 | 27,346 | ||||||
Wireless Telecommunication Services - 1.8% | ||||||||
Crown Castle Towers LLC | ||||||||
3.21%, 08/15/2015 - 144A | 12,000 | 12,275 | ||||||
4.52%, 01/15/2015 - 144A | 11,870 | 12,703 | ||||||
Nextel Communications, Inc. — Series E | ||||||||
6.88%, 10/31/2013 | 13,890 | 13,995 | ||||||
SBA Tower Trust | ||||||||
4.25%, 04/15/2015 - 144A | 12,380 | 13,223 | ||||||
Total Corporate Debt Securities (cost $1,844,636) | 1,902,745 | |||||||
Shares | Value | |||||||
SECURITIES LENDING COLLATERAL - 0.2% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 4,714,520 | 4,715 | ||||||
Total Securities Lending Collateral (cost $4,715) | ||||||||
Principal | Value | |||||||
REPURCHASE AGREEMENT - 0.0% ∞ | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $239 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $246. | $ | 239 | 239 | |||||
Total Repurchase Agreement (cost $239) | ||||||||
Total Investment Securities (cost $2,772,032) # | 2,853,791 | |||||||
Other Assets and Liabilities — Net | 35,552 | |||||||
Net Assets | $ | 2,889,343 | ||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts in thousands)
Net Unrealized | ||||||||||||||||
Description | Type | Contracts ┌ | Expiration Date | (Depreciation) | ||||||||||||
5-Year U.S. Treasury Note | Short | (1,060 | ) | 12/31/2010 | $ | (1,743 | ) |
* | Floating or variable rate note. Rate is listed as of 10/29/2010. | |
ə | Security fair valued as determined in good faith in accordance with procedures established by the Board of Trustees. These securities had a total market value of $63,379, or 2.19%, of the fund’s net assets. | |
^ | All or a portion of this security is on loan. The value of all securities on loan is $4,615. | |
§ | Illiquid. This security had a value of $17,060, or 0.59%, of the fund’s net assets. | |
Ž | The security has a perpetual maturity. The date shown is the next call date. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
∞ | Percentage rounds to less than 0.1%. | |
# | Aggregate cost for federal income tax purposes is $2,772,032. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $86,108 and $4,349, respectively. Net unrealized appreciation for tax purposes is $81,759. | |
γ | Cash in the amount of $2,305 has been segregated as collateral with the broker to cover margin requirements for open future contracts. | |
┌ | Contract amounts are not in thousands. |
144A | 144A Securities are registered pursuant to Rule 144A of the Securities Act of 1933. These securities are deemed to be liquid for purposes of compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At 10/31/2010, these securities aggregated $1,406,105, or 48.67%, of the fund’s net assets. | |
MXN | Mexican Peso | |
REMIC | Real Estate Mortgage Investment Conduits (consist of a fixed pool of mortgages broken apart and marketed to investors as individual securities) |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Asset-Backed Securities | $ | — | $ | 247,845 | $ | — | $ | 247,845 | ||||||||
Corporate Debt Securities | — | 1,902,745 | — | 1,902,745 | ||||||||||||
Foreign Government Obligations | — | 34,066 | — | 34,066 | ||||||||||||
Mortgage-Backed Securities | — | 593,822 | — | 593,822 | ||||||||||||
Municipal Government Obligations | — | 17,060 | — | 17,060 | ||||||||||||
Preferred Corporate Debt Securities | — | 39,952 | — | 39,952 | ||||||||||||
Repurchase Agreement | — | 239 | — | 239 | ||||||||||||
Securities Lending Collateral | 4,715 | — | — | 4,715 | ||||||||||||
U.S. Government Agency Obligations | — | 13,347 | — | 13,347 | ||||||||||||
Total | $ | 4,715 | $ | 2,849,076 | $ | — | $ | 2,853,791 | ||||||||
Other Financial Instruments* | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Futures Contracts — Depreciation | $ | (1,743 | ) | $ | — | $ | — | $ | (1,743 | ) |
* | Other financial instruments are derivative instruments including, but not limited to, Futures Contracts, Forward Foreign Currency Contracts, and Swap Contracts that are valued at unrealized appreciation (depreciation) on the instrument. |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 47
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At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 99.0% | ||||||||
Aerospace & Defense - 1.9% | ||||||||
Hexcel Corp. ‡ ^ | 582,955 | $ | 10,359 | |||||
Airlines - 2.8% | ||||||||
United Continental Holdings, Inc. ‡ ^ | 523,954 | 15,216 | ||||||
Biotechnology - 2.0% | ||||||||
Martek Biosciences Corp. ‡ ^ | 499,960 | 10,974 | ||||||
Capital Markets - 2.0% | ||||||||
Raymond James Financial, Inc. ^ | 393,100 | 11,093 | ||||||
Chemicals - 2.8% | ||||||||
Intrepid Potash, Inc. ‡ ^ | 447,500 | 15,363 | ||||||
Commercial Banks - 8.8% | ||||||||
Cathay General Bancorp ^ | 612,375 | 8,328 | ||||||
City National Corp. ^ | 259,475 | 13,381 | ||||||
Marshall & Ilsley Corp. ^ | 1,486,275 | 8,784 | ||||||
PrivateBancorp, Inc. — Class A ^ | 913,910 | 10,775 | ||||||
SVB Financial Group ‡ ^ | 165,460 | 7,171 | ||||||
Commercial Services & Supplies - 1.4% | ||||||||
Steelcase, Inc. — Class A ^ | 881,100 | 7,410 | ||||||
Communications Equipment - 2.9% | ||||||||
Brocade Communications Systems, Inc. ‡ ^ | 1,173,055 | 7,414 | ||||||
Emulex Corp. ‡ ^ | 745,000 | 8,493 | ||||||
Construction & Engineering - 2.5% | ||||||||
Chicago Bridge & Iron Co. NV — NY Shares ‡ | 545,352 | 13,748 | ||||||
Diversified Consumer Services - 3.5% | ||||||||
Sotheby’s ^ | 435,525 | 19,093 | ||||||
Electric Utilities - 1.4% | ||||||||
Hawaiian Electric Industries, Inc. ^ | 345,580 | 7,789 | ||||||
Energy Equipment & Services - 3.8% | ||||||||
Oceaneering International, Inc. ‡ ^ | 198,500 | 12,281 | ||||||
Oil States International, Inc. ‡ ^ | 166,130 | 8,493 | ||||||
Health Care Equipment & Supplies - 4.5% | ||||||||
Cooper Cos., Inc. ^ | 279,900 | 13,811 | ||||||
Hologic, Inc. ‡ ^ | 689,035 | 11,038 | ||||||
Household Durables - 1.8% | ||||||||
Tupperware Brands Corp. ^ | 223,540 | 10,017 | ||||||
Insurance - 2.4% | ||||||||
HCC Insurance Holdings, Inc. | 493,120 | 13,058 | ||||||
Internet Software & Services - 1.2% | ||||||||
Internet Brands, Inc. — Class A ‡ ^ | 477,000 | 6,315 | ||||||
Life Sciences Tools & Services - 1.8% | ||||||||
Charles River Laboratories International, Inc. ‡ ^ | 301,415 | 9,877 | ||||||
Machinery - 9.6% | ||||||||
AGCO Corp. ‡ ^ | 285,456 | 12,123 | ||||||
Navistar International Corp. ‡ ^ | 207,190 | 9,982 | ||||||
Robbins & Myers, Inc. | 201,825 | 5,859 | ||||||
Titan International, Inc. ^ | 815,455 | 12,371 | ||||||
Watts Water Technologies, Inc. — Class A ^ | 347,536 | 12,224 | ||||||
Marine - 1.9% | ||||||||
Kirby Corp. ‡ ^ | 237,525 | 10,211 | ||||||
Media - 2.4% | ||||||||
Lamar Advertising Co. — Class A ‡ ^ | 379,205 | 12,889 | ||||||
Metals & Mining - 6.6% | ||||||||
Carpenter Technology Corp. ^ | 308,400 | 10,998 | ||||||
Globe Specialty Metals, Inc. ^ | 792,035 | 12,308 | ||||||
Thompson Creek Metals Co., Inc. ‡ ^ | 1,069,425 | 12,875 | ||||||
Multiline Retail - 2.4% | ||||||||
Saks, Inc. ‡ ^ | 1,160,325 | 12,926 | ||||||
Real Estate Investment Trusts - 9.4% | ||||||||
BioMed Realty Trust, Inc. ^ | 446,675 | 8,196 | ||||||
Capstead Mortgage Corp. ^ | 700,495 | 7,986 | ||||||
Douglas Emmett, Inc. ^ | 576,625 | 10,345 | ||||||
Dupont Fabros Technology, Inc. ^ | 379,215 | 9,518 | ||||||
Omega Healthcare Investors, Inc. ^ | 652,040 | 14,997 | ||||||
Real Estate Management & Development - 2.6% | ||||||||
Jones Lang Lasalle, Inc. ^ | 185,470 | 14,478 | ||||||
Road & Rail - 4.1% | ||||||||
Kansas City Southern ‡ ^ | 341,820 | 14,978 | ||||||
Ryder System, Inc. ^ | 174,300 | 7,626 | ||||||
Software - 2.5% | ||||||||
Aspen Technology, Inc. ‡ ^ | 794,588 | 8,899 | ||||||
THQ, Inc. ‡ ^ | 1,244,910 | 4,980 | ||||||
Specialty Retail - 1.5% | ||||||||
Office Depot, Inc. ‡ ^ | 1,887,325 | 8,474 | ||||||
Textiles, Apparel & Luxury Goods - 1.7% | ||||||||
Signet Jewelers, Ltd. ‡ ^ | 265,773 | 9,350 | ||||||
Trading Companies & Distributors - 4.9% | ||||||||
Beacon Roofing Supply, Inc. ‡ ^ | 553,400 | 8,168 | ||||||
United Rentals, Inc. ‡ ^ | 552,000 | 10,372 | ||||||
WESCO International, Inc. ‡ ^ | 198,225 | 8,488 | ||||||
Water Utilities - 1.9% | ||||||||
Aqua America, Inc. ^ | 466,760 | 10,050 | ||||||
Total Common Stocks (cost $430,223) | 541,952 | |||||||
SECURITIES LENDING COLLATERAL - 25.2% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 138,081,130 | 138,081 | ||||||
Total Securities Lending Collateral (cost $138,081) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 1.6% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $8,966 on 11/01/2010. Collateralized by a U.S. Government Obligation, 2.50%, due 04/30/2015, and with a value of $9,147. | $ | 8,966 | 8,966 | |||||
Total Repurchase Agreement (cost $8,966) | ||||||||
Total Investment Securities (cost $577,270) # | 688,999 | |||||||
Other Assets and Liabilities — Net | (141,262 | ) | ||||||
Net Assets | $ | 547,737 | ||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 48
Table of Contents
At October 31, 2010
(all amounts in thousands)
^ | All or a portion of this security is on loan. The value of all securities on loan is $134,449. | |
‡ | Non-income producing security. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
# | Aggregate cost for federal income tax purposes is $577,390. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $123,775 and $12,166, respectively. Net unrealized appreciation for tax purposes is $111,609. |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 528,204 | $ | 13,748 | $ | — | $ | 541,952 | ||||||||
Repurchase Agreement | — | 8,966 | — | 8,966 | ||||||||||||
Securities Lending Collateral | 138,081 | — | — | 138,081 | ||||||||||||
Total | $ | 666,285 | $ | 22,714 | $ | — | $ | 688,999 | ||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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Table of Contents
(formerly, Transamerica Equity)
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 100.0% | ||||||||
Aerospace & Defense - 2.4% | ||||||||
Boeing Co. ^ | 167,887 | $ | 11,860 | |||||
Honeywell International, Inc. ^ | 321,097 | 15,126 | ||||||
Air Freight & Logistics - 0.8% | ||||||||
CH Robinson Worldwide, Inc. ^ | 136,495 | 9,620 | ||||||
Airlines - 0.7% | ||||||||
Southwest Airlines Co. | 614,680 | 8,458 | ||||||
Automobiles - 1.2% | ||||||||
Ford Motor Co. ‡ ^ | 960,175 | 13,567 | ||||||
Beverages - 0.8% | ||||||||
Anheuser-Busch InBev NV ADR | 158,341 | 9,960 | ||||||
Capital Markets - 1.6% | ||||||||
Goldman Sachs Group, Inc. ^ | 110,058 | 17,713 | ||||||
Commercial Banks - 0.9% | ||||||||
Banco Santander Brasil SA ADR | 158,438 | 2,282 | ||||||
Wells Fargo & Co. | 311,158 | 8,115 | ||||||
Communications Equipment - 8.3% | ||||||||
Cisco Systems, Inc. ‡ ^ | 2,755,687 | 62,913 | ||||||
Emulex Corp. ‡ ^ | 769,954 | 8,777 | ||||||
Juniper Networks, Inc. ‡ ^ | 552,288 | 17,889 | ||||||
Riverbed Technology, Inc. ‡ ^ | 107,354 | 6,177 | ||||||
Computers & Peripherals - 13.4% | ||||||||
Apple, Inc. ‡ | 176,273 | 53,036 | ||||||
Dell, Inc. ‡ ^ | 735,361 | 10,574 | ||||||
EMC Corp. ‡ ^ | 2,025,102 | 42,548 | ||||||
NetApp, Inc. ‡ ^ | 648,259 | 34,521 | ||||||
QLogic Corp. ‡ ^ | 727,619 | 12,784 | ||||||
SanDisk Corp. ‡ ^ | 54,319 | 2,041 | ||||||
Consumer Finance — 0.9% | ||||||||
American Express Co. ^ | 260,650 | 10,807 | ||||||
Diversified Consumer Services — 0.6% | ||||||||
ITT Educational Services, Inc. ‡ ^ | 116,398 | 7,511 | ||||||
Electrical Equipment - 1.0% | ||||||||
Emerson Electric Co. ^ | 218,493 | 11,995 | ||||||
Energy Equipment & Services - 0.8% | ||||||||
Baker Hughes, Inc. ^ | 98,668 | 4,571 | ||||||
Oceaneering International, Inc. ‡ ^ | 81,788 | 5,061 | ||||||
Food Products - 0.4% | ||||||||
General Mills, Inc. | 123,747 | 4,645 | ||||||
Health Care Equipment & Supplies - 2.1% | ||||||||
Hologic, Inc. ‡ ^ | 304,912 | 4,885 | ||||||
Intuitive Surgical, Inc. ‡ ^ | 4,914 | 1,292 | ||||||
Medtronic, Inc. | 417,963 | 14,716 | ||||||
Stryker Corp. ^ | 71,686 | 3,548 | ||||||
Health Care Providers & Services - 1.7% | ||||||||
Laboratory Corp. of America Holdings ‡ ^ | 108,671 | 8,837 | ||||||
UnitedHealth Group, Inc. | 286,655 | 10,334 | ||||||
Hotels, Restaurants & Leisure - 2.3% | ||||||||
Carnival Corp. ^ | 145,569 | 6,284 | ||||||
Ctrip.com International, Ltd. ADR ‡ | 44,853 | 2,335 | ||||||
Las Vegas Sands Corp. ‡ ^ | 196,484 | 9,015 | ||||||
Starbucks Corp. ^ | 320,935 | 9,141 | ||||||
Household Products - 0.5% | ||||||||
Clorox Co. ^ | 78,428 | 5,219 | ||||||
Industrial Conglomerates - 1.9% | ||||||||
General Electric Co. ^ | 1,403,792 | 22,489 | ||||||
Insurance - 1.2% | ||||||||
Lincoln National Corp. ^ | 569,880 | 13,951 | ||||||
Internet & Catalog Retail - 2.9% | ||||||||
Amazon.com, Inc. ‡ ^ | 82,901 | 13,690 | ||||||
Expedia, Inc. ^ | 415,889 | 12,040 | ||||||
priceline.com, Inc. ‡ ^ | 19,474 | 7,338 | ||||||
Internet Software & Services - 3.5% | ||||||||
eBay, Inc. ‡ ^ | 191,567 | 5,711 | ||||||
Google, Inc. — Class A ‡ | 56,049 | 34,357 | ||||||
IT Services - 5.8% | ||||||||
Cognizant Technology Solutions Corp. — Class A ‡ | 62,928 | 4,102 | ||||||
International Business Machines Corp. ^ | 434,500 | 62,394 | ||||||
Life Sciences Tools & Services - 1.1% | ||||||||
Waters Corp. ‡ | 173,272 | 12,845 | ||||||
Machinery - 8.9% | ||||||||
Caterpillar, Inc. ^ | 450,626 | 35,419 | ||||||
Cummins, Inc. ^ | 73,095 | 6,440 | ||||||
Dover Corp. | 215,525 | 11,444 | ||||||
Illinois Tool Works, Inc. | 195,213 | 8,921 | ||||||
Ingersoll-Rand PLC ^ | 225,292 | 8,856 | ||||||
Joy Global, Inc. | 192,059 | 13,627 | ||||||
Parker Hannifin Corp. ^ | 220,869 | 16,908 | ||||||
Media - 2.1% | ||||||||
News Corp. — Class A ^ | 489,708 | 7,081 | ||||||
Omnicom Group, Inc. ^ | 386,369 | 16,985 | ||||||
Metals & Mining - 3.2% | ||||||||
Cliffs Natural Resources, Inc. ^ | 118,078 | 7,699 | ||||||
Nucor Corp. ^ | 273,442 | 10,451 | ||||||
Rio Tinto PLC ADR | 87,624 | 5,706 | ||||||
Teck Resources, Ltd. — Class B | 290,223 | 12,984 | ||||||
Oil, Gas & Consumable Fuels - 3.0% | ||||||||
Anadarko Petroleum Corp. ^ | 159,938 | 9,847 | ||||||
Exxon Mobil Corp. ^ | 45,915 | 3,052 | ||||||
Occidental Petroleum Corp. ^ | 127,248 | 10,006 | ||||||
Valero Energy Corp. | 648,217 | 11,635 | ||||||
Semiconductors & Semiconductor Equipment - 9.2% | ||||||||
Altera Corp. ^ | 1,182,884 | 36,917 | ||||||
Analog Devices, Inc. ^ | 442,521 | 14,900 | ||||||
Broadcom Corp. — Class A ^ | 309,018 | 12,589 | ||||||
Intel Corp. ^ | 125,515 | 2,519 | ||||||
Intersil Corp. — Class A ^ | 1,007,308 | 13,186 | ||||||
Xilinx, Inc. ^ | 998,943 | 26,782 | ||||||
Software - 12.3% | ||||||||
Adobe Systems, Inc. ‡ | 257,882 | 7,259 | ||||||
Autodesk, Inc. ‡ ^ | 265,298 | 9,598 | ||||||
BMC Software, Inc. ‡ | 169,934 | 7,725 | ||||||
Check Point Software Technologies, Ltd. ‡ ^ | 291,970 | 12,482 | ||||||
Citrix Systems, Inc. ‡ | 105,097 | 6,734 | ||||||
Longtop Financial Technologies, Ltd. ADR ‡ ^ | 123,865 | 4,501 | ||||||
Microsoft Corp. ^ | 1,378,636 | 36,727 | ||||||
Oracle Corp. | 1,378,047 | 40,515 | ||||||
Red Hat, Inc. ‡ ^ | 217,009 | 9,171 | ||||||
VMware, Inc. — Class A ‡ ^ | 102,070 | 7,804 | ||||||
Specialty Retail - 3.6% | ||||||||
Advance Auto Parts, Inc. ^ | 148,413 | 9,644 | ||||||
Aeropostale, Inc. ‡ ^ | 81,086 | 1,977 | ||||||
Buckle, Inc. ^ | 65,860 | 1,916 | ||||||
Home Depot, Inc. ^ | 278,198 | 8,591 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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(formerly, Transamerica Equity)
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
Specialty Retail - (continued) | ||||||||
Ross Stores, Inc. ^ | 195,716 | $ | 11,544 | |||||
TJX Cos., Inc. ^ | 195,511 | 8,972 | ||||||
Textiles, Apparel & Luxury Goods - 0.9% | ||||||||
Coach, Inc. ^ | 202,611 | 10,131 | ||||||
Total Common Stocks (cost $1,020,870) | 1,156,319 | |||||||
SECURITIES LENDING COLLATERAL - 7.2% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 82,975,220 | 82,975 | ||||||
Total Securities Lending Collateral (cost $82,975) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 0.1% | ||||||||
State Street Bank & Trust Co. | ||||||||
0.01% ▲, dated 10/29/2010, to be repurchased at $859 on 11/01/2010 | ||||||||
Collateralized by a U.S. Government Agency | ||||||||
Obligation, 4.00%, due 12/15/2017, and with a value of $877 | $ | 859 | 859 | |||||
Total Repurchase Agreement (cost $859) | ||||||||
Total Investment Securities (cost $1,104,704) # | 1,240,153 | |||||||
Other Assets and Liabilities — Net | (84,237 | ) | ||||||
Net Assets | $ | 1,155,916 | ||||||
^ | All or a portion of this security is on loan. The value of all securities on loan is $81,038. | |
‡ | Non-income producing security. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
# | Aggregate cost for federal income tax purposes is $1,113,269. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $158,094 and $31,210, respectively. Net unrealized appreciation for tax purposes is $126,884. |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 1,119,315 | $ | 37,004 | $ | — | $ | 1,156,319 | ||||||||
Repurchase Agreement | — | 859 | — | 859 | ||||||||||||
Securities Lending Collateral | 82,975 | — | — | 82,975 | ||||||||||||
Total | $ | 1,202,290 | $ | 37,863 | $ | — | $ | 1,240,153 | ||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 51
Table of Contents
At October 31, 2010
(all amounts except per share amounts in thousands)
Transamerica | Transamerica | |||||||||||||||||||
AEGON High | Transamerica | Diversified | Transamerica | Transamerica | ||||||||||||||||
Yield Bond(b) | Balanced | Equity | Flexible Income | Focus(c) | ||||||||||||||||
Assets: | ||||||||||||||||||||
Investment securities, at value | $ | 788,357 | $ | 375,187 | $ | 887,369 | $ | 280,212 | $ | 144,894 | ||||||||||
Repurchase agreement, at value | 34,189 | 3,564 | 11,754 | 541 | 3,642 | |||||||||||||||
Receivables: | ||||||||||||||||||||
Investment securities sold | 5,037 | 850 | — | 1,106 | — | |||||||||||||||
Shares of beneficial interest sold | 1,755 | 631 | 226 | 951 | 189 | |||||||||||||||
Interest | 13,693 | 1,393 | — | 4,292 | — | |||||||||||||||
Securities lending income (net) | 39 | 31 | 12 | 9 | 35 | |||||||||||||||
Dividends | — | 121 | 259 | 78 | 11 | |||||||||||||||
Dividend reclaims | — | — | 121 | — | 15 | |||||||||||||||
Prepaid expenses | 4 | 2 | 5 | 2 | 1 | |||||||||||||||
$ | 843,074 | $ | 381,779 | $ | 899,746 | $ | 287,191 | $ | 148,787 | |||||||||||
Liabilities: | ||||||||||||||||||||
Accounts payable and accrued liabilities: | ||||||||||||||||||||
Investment securities purchased | 7,125 | 1,822 | — | 1,545 | — | |||||||||||||||
Shares of beneficial interest redeemed | 790 | 255 | 338 | 780 | 156 | |||||||||||||||
Management and advisory fees | 349 | 211 | 359 | 100 | 63 | |||||||||||||||
Distribution and service fees | 108 | 101 | 111 | 55 | 47 | |||||||||||||||
Transfer agent fees | 32 | 65 | 65 | 13 | 36 | |||||||||||||||
Administration fees | 12 | 5 | 13 | 4 | 2 | |||||||||||||||
Other | 34 | 23 | 49 | 23 | 17 | |||||||||||||||
Collateral for securities on loan | 128,070 | 45,696 | 109,462 | 26,269 | 6,376 | |||||||||||||||
Unrealized depreciation on forward foreign currency contracts | — | — | — | 3 | — | |||||||||||||||
136,520 | 48,178 | 110,397 | 28,792 | 6,697 | ||||||||||||||||
Net assets | $ | 706,554 | $ | 333,601 | $ | 789,349 | $ | 258,399 | $ | 142,090 | ||||||||||
Net assets consist of: | ||||||||||||||||||||
Shares of beneficial interest, unlimited shares authorized, no par value | $ | 714,067 | $ | 296,664 | $ | 726,461 | $ | 327,086 | $ | 119,899 | ||||||||||
Undistributed net investment income | 1,697 | 326 | 10,396 | 748 | — | |||||||||||||||
Undistributed (accumulated) net realized gain (loss) from investments | (53,063 | ) | (25,081 | ) | (56,563 | ) | (84,989 | ) | (13,084 | ) | ||||||||||
Net unrealized appreciation (depreciation) on: | ||||||||||||||||||||
Investment securities | 43,853 | 61,692 | 109,045 | 15,548 | 35,275 | |||||||||||||||
Translation of assets and liabilities denominated in foreign currencies | — | — | 10 | 6 | — | |||||||||||||||
Net assets | $ | 706,554 | $ | 333,601 | $ | 789,349 | $ | 258,399 | $ | 142,090 | ||||||||||
Net assets by class: | ||||||||||||||||||||
Class A | $ | 193,332 | $ | 95,258 | $ | 83,766 | $ | 55,103 | $ | 48,547 | ||||||||||
Class B | 13,887 | 14,658 | 7,735 | 10,614 | 9,916 | |||||||||||||||
Class C | 41,810 | 24,194 | 15,013 | 36,264 | 12,814 | |||||||||||||||
Class I | 27,057 | 265 | 421 | 9,787 | 434 | |||||||||||||||
Class I2(a) | 408,505 | 358,714 | 146,631 | |||||||||||||||||
Class P | 21,963 | 199,226 | 323,700 | 70,379 | ||||||||||||||||
Shares outstanding: | ||||||||||||||||||||
Class A | 21,114 | 4,451 | 5,861 | 6,127 | 3,523 | |||||||||||||||
Class B | 1,517 | 687 | 544 | 1,180 | 778 | |||||||||||||||
Class C | 4,581 | 1,141 | 1,056 | 4,049 | 1,006 | |||||||||||||||
Class I | 2,940 | 12 | 29 | 1,085 | 31 | |||||||||||||||
Class I2(a) | 44,288 | 24,949 | 16,246 | |||||||||||||||||
Class P | 2,397 | 9,310 | 22,579 | 5,102 | ||||||||||||||||
Net asset value per share: | ||||||||||||||||||||
Class A | $ | 9.16 | $ | 21.40 | $ | 14.29 | $ | 8.99 | $ | 13.78 | ||||||||||
Class B | 9.15 | 21.34 | 14.22 | 9.00 | 12.75 | |||||||||||||||
Class C | 9.13 | 21.20 | 14.22 | 8.96 | 12.74 | |||||||||||||||
Class I | 9.20 | 21.46 | 14.41 | 9.02 | 13.89 | |||||||||||||||
Class I2(a) | 9.22 | 14.38 | 9.03 | |||||||||||||||||
Class P | 9.16 | 21.40 | 14.34 | 13.79 | ||||||||||||||||
Maximum offering price per share (d) | ||||||||||||||||||||
Class A | $ | 9.62 | $ | 22.65 | $ | 15.12 | $ | 9.44 | $ | 14.58 | ||||||||||
Investment securities, at cost | $ | 744,504 | $ | 313,495 | $ | 778,324 | $ | 264,664 | $ | 109,619 | ||||||||||
Repurchase agreement, at cost | $ | 34,189 | $ | 3,564 | $ | 11,754 | $ | 541 | $ | 3,642 | ||||||||||
Securities loaned, at value | $ | 125,479 | $ | 44,668 | $ | 106,976 | $ | 25,728 | $ | 6,230 | ||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts except per share amounts in thousands)
Transamerica | Transamerica | Transamerica | Transamerica | |||||||||||||||||
Growth | Transamerica | Short-Term | Small/Mid Cap | WMC Diversified | ||||||||||||||||
Opportunities | Money Market | Bond | Value | Growth(e) | ||||||||||||||||
Assets: | ||||||||||||||||||||
Investment securities, at value | $ | 372,029 | $ | 194,504 | $ | 2,853,552 | $ | 680,033 | $ | 1,239,294 | ||||||||||
Repurchase agreement, at value | 1,862 | 32,660 | 239 | 8,966 | 859 | |||||||||||||||
Cash on deposit with broker | — | — | 2,305 | — | — | |||||||||||||||
Receivables: | ||||||||||||||||||||
Investment securities sold | 720 | — | 51,770 | 2,282 | 4,594 | |||||||||||||||
Shares of beneficial interest sold | 39 | 824 | 19,268 | 1,319 | 291 | |||||||||||||||
Interest | — | 1 | 37,050 | — | — | |||||||||||||||
Securities lending income (net) | 64 | — | 5 | 28 | 22 | |||||||||||||||
Dividends | 5 | — | — | 297 | 555 | |||||||||||||||
Dividend reclaims | — | — | — | — | 421 | |||||||||||||||
Money market waiver | — | 79 | — | — | — | |||||||||||||||
Due from advisor | — | 43 | — | — | — | |||||||||||||||
Prepaid expenses | 2 | 2 | 19 | 3 | 7 | |||||||||||||||
$ | 374,721 | $ | 228,113 | $ | 2,964,208 | $ | 692,928 | $ | 1,246,043 | |||||||||||
Liabilities: | ||||||||||||||||||||
Accounts payable and accrued liabilities: | ||||||||||||||||||||
Investment securities purchased | 174 | — | 52,168 | 5,633 | 5,303 | |||||||||||||||
Shares of beneficial interest redeemed | 133 | 1,069 | 9,420 | 733 | 727 | |||||||||||||||
Management and advisory fees | 185 | — | 1,066 | 361 | 566 | |||||||||||||||
Distribution and service fees | 60 | 101 | 951 | 255 | 199 | |||||||||||||||
Transfer agent fees | 64 | 48 | 92 | 87 | 192 | |||||||||||||||
Administration fees | 5 | 4 | 49 | 9 | 19 | |||||||||||||||
Distribution payable | — | 1 | 4,516 | — | — | |||||||||||||||
Variation margin | — | — | 1,739 | — | — | |||||||||||||||
Other | 23 | 17 | 149 | 32 | 146 | |||||||||||||||
Collateral for securities on loan | 76,543 | — | 4,715 | 138,081 | 82,975 | |||||||||||||||
77,187 | 1,240 | 74,865 | 145,191 | 90,127 | ||||||||||||||||
Net assets | $ | 297,534 | $ | 226,873 | $ | 2,889,343 | $ | 547,737 | $ | 1,155,916 | ||||||||||
Net assets consist of: | ||||||||||||||||||||
Shares of beneficial interest, unlimited shares authorized, no par value | $ | 272,015 | $ | 226,873 | $ | 2,803,303 | $ | 597,327 | $ | 1,513,889 | ||||||||||
Accumulated net investment loss | — | — | (2,187 | ) | — | — | ||||||||||||||
Undistributed (accumulated) net realized gain (loss) from investments | (47,057 | ) | — | 8,186 | (161,319 | ) | (493,515 | ) | ||||||||||||
Net unrealized appreciation (depreciation) on: | ||||||||||||||||||||
Investment securities | 72,576 | — | 81,759 | 111,729 | 135,449 | |||||||||||||||
Futures contracts | — | — | (1,743 | ) | — | — | ||||||||||||||
Translation of assets and liabilities denominated in foreign currencies | — | — | 25 | — | 93 | |||||||||||||||
Net assets | $ | 297,534 | $ | 226,873 | $ | 2,889,343 | $ | 547,737 | $ | 1,155,916 | ||||||||||
Net assets by class: | ||||||||||||||||||||
Class A | $ | 59,685 | $ | 119,744 | $ | 856,959 | $ | 283,240 | $ | 303,912 | ||||||||||
Class B | 12,406 | 19,442 | 38,355 | 29,958 | ||||||||||||||||
Class C | 12,781 | 33,800 | 834,859 | 169,903 | 36,135 | |||||||||||||||
Class I | 815 | 55 | 198,461 | 40,346 | 2,903 | |||||||||||||||
Class I2(a) | 106,970 | 21,773 | 999,064 | 15,893 | 425,431 | |||||||||||||||
Class P | 104,877 | 32,059 | 264,287 | |||||||||||||||||
Class T | 93,290 | |||||||||||||||||||
Shares outstanding: | ||||||||||||||||||||
Class A | 6,078 | 119,744 | 81,407 | 14,994 | 34,146 | |||||||||||||||
Class B | 1,372 | 19,441 | 2,125 | 3,643 | ||||||||||||||||
Class C | 1,407 | 33,795 | 79,454 | 9,514 | 4,375 | |||||||||||||||
Class I | 80 | 55 | 19,176 | 2,107 | 317 | |||||||||||||||
Class I2(a) | 10,453 | 21,774 | 96,601 | 831 | 46,742 | |||||||||||||||
Class P | 10,647 | 32,059 | 29,749 | |||||||||||||||||
Class T | 3,714 | |||||||||||||||||||
Net asset value per share: | ||||||||||||||||||||
Class A | $ | 9.82 | $ | 1.00 | $ | 10.53 | $ | 18.89 | $ | 8.90 | ||||||||||
Class B | 9.05 | 1.00 | 18.05 | 8.22 | ||||||||||||||||
Class C | 9.08 | 1.00 | 10.51 | 17.86 | 8.26 | |||||||||||||||
Class I | 10.19 | 1.00 | 10.35 | 19.15 | 9.14 | |||||||||||||||
Class I2(a) | 10.23 | 1.00 | 10.34 | 19.13 | 9.10 | |||||||||||||||
Class P | 9.85 | 1.00 | 8.88 | |||||||||||||||||
Class T | 25.12 | |||||||||||||||||||
Maximum offering price per share (d) | ||||||||||||||||||||
Class A | $ | 10.39 | $ | 1.00 | $ | 10.80 | $ | 19.99 | $ | 9.42 | ||||||||||
Investment securities, at cost | $ | 299,453 | $ | 194,504 | $ | 2,771,793 | $ | 568,304 | $ | 1,103,845 | ||||||||||
Repurchase agreement, at cost | $ | 1,862 | $ | 32,660 | $ | 239 | $ | 8,966 | $ | 859 | ||||||||||
Securities loaned, at value | $ | 74,833 | $ | — | $ | 4,615 | $ | 134,449 | $ | 81,038 | ||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 53
Table of Contents
At October 31, 2010
(all amounts except per share amounts in thousands)
(a) | Effective November 30, 2009, all previously existing Class I shares were re-designated as Class I2 shares. | |
(b) | Formerly, Transamerica High Yield Bond. | |
(c) | Formerly, Transamerica Legg Mason Partners All Cap. | |
(d) | Includes the maximum selling commission (represented as a percentage of offering price) which is reduced on certain levels of sales as set forth in the Prospectus. Net asset value per share for Classes B, C, I, I2, P, and T shares represents offering price. The redemption price for Classes B and C shares equals net asset value less any applicable contingent deferred sales charge. | |
(e) | Formerly, Transamerica Equity. |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 54
Table of Contents
For the year ended October 31, 2010
(all amounts in thousands)
Transamerica | Transamerica | |||||||||||||||||||
AEGON High Yield | Transamerica | Diversified | Transamerica | Transamerica | ||||||||||||||||
Bond(a),(b),* | Balanced* | Equity(a),* | Flexible Income(a),* | Focus(c),* | ||||||||||||||||
Investment income: | ||||||||||||||||||||
Dividend income | $ | 133 | $ | 5,969 | $ | 18,964 | $ | 634 | $ | 914 | ||||||||||
Withholding taxes on foreign income | — | (28 | ) | (80 | ) | (22 | ) | — | ||||||||||||
Interest income | 52,789 | 8,122 | 2 | 16,229 | — | |||||||||||||||
Securities lending income (net) | 307 | 103 | 98 | 55 | 130 | |||||||||||||||
53,229 | 14,166 | 18,984 | 16,896 | 1,044 | ||||||||||||||||
Expenses: | ||||||||||||||||||||
Management and advisory | 3,557 | 2,615 | 4,975 | 1,331 | 1,048 | |||||||||||||||
Distribution and service: | ||||||||||||||||||||
Class A | 357 | 295 | 280 | 157 | 143 | |||||||||||||||
Class B | 130 | 173 | 83 | 105 | 124 | |||||||||||||||
Class C | 288 | 224 | 146 | 250 | 122 | |||||||||||||||
Class P | 72 | 561 | 734 | — | 163 | |||||||||||||||
Transfer agent: | ||||||||||||||||||||
Class A | 138 | 297 | 450 | 73 | 195 | |||||||||||||||
Class B | 22 | 83 | 53 | 26 | 71 | |||||||||||||||
Class C | 31 | 55 | 73 | 27 | 38 | |||||||||||||||
Class I | 13 | 2 | 2 | 5 | 2 | |||||||||||||||
Class I2 | 10 | 9 | 4 | |||||||||||||||||
Class P | 48 | 530 | 968 | 144 | ||||||||||||||||
Printing and shareholder reports | 41 | 49 | 105 | 17 | 35 | |||||||||||||||
Custody | 88 | 74 | 103 | 52 | 23 | |||||||||||||||
Administration | 122 | 70 | 137 | 49 | 26 | |||||||||||||||
Legal | 22 | 8 | 19 | 9 | 1 | |||||||||||||||
Audit and tax | 13 | 17 | 45 | 19 | 32 | |||||||||||||||
Trustees | 12 | 7 | 17 | 5 | 3 | |||||||||||||||
Registration | 152 | 79 | 147 | 72 | 63 | |||||||||||||||
Other | 20 | 38 | 13 | 24 | 19 | |||||||||||||||
Total expenses | 5,136 | 5,177 | 8,359 | 2,225 | 2,252 | |||||||||||||||
Class expense recaptured or (reimbursed)/(waived): | ||||||||||||||||||||
Class A | — | — | (158 | ) | (35 | ) | (94 | ) | ||||||||||||
Class B | — | — | (23 | ) | — | (39 | ) | |||||||||||||
Class C | — | — | (20 | ) | — | (7 | ) | |||||||||||||
Class I | — | (1 | ) | (1 | ) | — | (1 | ) | ||||||||||||
Class P | (50 | ) | (499 | ) | (689 | ) | — | (7 | ) | |||||||||||
Total expense recaptured or (reimbursed)/(waived) | (50 | ) | (500 | ) | (891 | ) | (35 | ) | (148 | ) | ||||||||||
Net expenses | 5,086 | 4,677 | 7,468 | 2,190 | 2,104 | |||||||||||||||
Net investment income (loss) | 48,143 | 9,489 | 11,516 | 14,706 | (1,060 | ) | ||||||||||||||
Net realized gain (loss) on transactions from: | ||||||||||||||||||||
Investment securities | 24,273 | 33,718 | 12,124 | 18,070 | 4,802 | |||||||||||||||
Foreign currency transactions | — | 5 | 7 | (101 | ) | — | ||||||||||||||
24,273 | 33,723 | 12,131 | 17,969 | 4,802 | ||||||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on: | ||||||||||||||||||||
Investment securities | 30,571 | 19,340 | 75,150 | 1,889 | 22,155 | |||||||||||||||
Translation of assets and liabilities denominated in foreign currencies | — | (5 | ) | 10 | (8 | ) | — | |||||||||||||
Change in unrealized appreciation (depreciation) | 30,571 | 19,335 | 75,160 | 1,881 | 22,155 | |||||||||||||||
Net realized and unrealized gain: | 54,844 | 53,058 | 87,291 | 19,850 | 26,957 | |||||||||||||||
Net increase in net assets resulting from operations | $ | 102,987 | $ | 62,547 | $ | 99,807 | $ | 34,556 | $ | 25,897 | ||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 55
Table of Contents
For the year ended October 31, 2010
(all amounts in thousands)
Transamerica | Transamerica | Transamerica WMC | ||||||||||||||||||
Growth | Transamerica | Transamerica | Small/Mid Cap | Diversified | ||||||||||||||||
Opportunities (a),* | Money Market (a),* | Short-Term Bond(a),* | Value(a),* | Growth(a),(d),* | ||||||||||||||||
Investment income: | ||||||||||||||||||||
Dividend income | $ | 3,244 | $ | — | $ | — | $ | 6,041 | $ | 15,291 | ||||||||||
Withholding taxes on foreign income | (17 | ) | — | — | — | (155 | ) | |||||||||||||
Interest income | 1 | 576 | 108,752 | 2 | 1 | |||||||||||||||
Securities lending income (net) | 367 | — | 15 | 208 | 340 | |||||||||||||||
3,595 | 576 | 108,767 | 6,251 | 15,477 | ||||||||||||||||
Expenses: | ||||||||||||||||||||
Management and advisory | 2,388 | 1,036 | 11,128 | 3,762 | 8,764 | |||||||||||||||
Distribution and service: | ||||||||||||||||||||
Class A | 191 | 453 | 2,159 | 870 | 1,043 | |||||||||||||||
Class B | 132 | 265 | 383 | 343 | ||||||||||||||||
Class C | 119 | 386 | 5,917 | 1,477 | 363 | |||||||||||||||
Class P | 237 | — | 800 | |||||||||||||||||
Transfer agent: | ||||||||||||||||||||
Class A | 410 | 435 | 301 | 616 | 1,253 | |||||||||||||||
Class B | 70 | 81 | 92 | 178 | ||||||||||||||||
Class C | 63 | 63 | 363 | 285 | 156 | |||||||||||||||
Class I | 2 | 1 | 114 | 34 | 6 | |||||||||||||||
Class I2 | 3 | 1 | 25 | 1 | 8 | |||||||||||||||
Class P | 232 | 55 | 619 | |||||||||||||||||
Class T | 154 | |||||||||||||||||||
Printing and shareholder reports | 41 | 29 | 191 | 90 | 225 | |||||||||||||||
Custody | 50 | 43 | 247 | 53 | 174 | |||||||||||||||
Administration | 60 | 52 | 435 | 94 | 246 | |||||||||||||||
Legal | 8 | 15 | 72 | 16 | 38 | |||||||||||||||
Audit and tax | 14 | 11 | 12 | 14 | 48 | |||||||||||||||
Trustees | 6 | 5 | 48 | 10 | 23 | |||||||||||||||
Registration | 70 | 97 | 181 | 80 | 138 | |||||||||||||||
Other | 8 | 7 | 27 | 9 | 17 | |||||||||||||||
Total expenses | 4,104 | 3,035 | 21,220 | 7,886 | 14,596 | |||||||||||||||
Fund expenses waived | — | (752 | ) | (855 | ) | — | — | |||||||||||||
Class expense recaptured or (reimbursed)/(waived): | ||||||||||||||||||||
Class A | (123 | ) | (876 | ) | (617 | ) | — | (121 | ) | |||||||||||
Class B | (1 | ) | (344 | ) | — | (46 | ) | |||||||||||||
Class C | (1 | ) | (446 | ) | — | — | (18 | ) | ||||||||||||
Class I | — | (e) | (1 | ) | — | — | — | |||||||||||||
Class I2 | — | (1 | ) | — | — | — | ||||||||||||||
Class P | — | (55 | ) | (250 | ) | |||||||||||||||
Total expense recaptured or (reimbursed)/(waived) | (125 | ) | (2,475 | ) | (1,472 | ) | — | (435 | ) | |||||||||||
Net expenses | 3,979 | 560 | 19,748 | 7,886 | 14,161 | |||||||||||||||
Net investment income (loss) | (384 | ) | 16 | 89,019 | (1,635 | ) | 1,316 | |||||||||||||
Net realized gain (loss) on transactions from: | ||||||||||||||||||||
Investment securities | 22,355 | — | 26,471 | 39,083 | 208,600 | |||||||||||||||
Futures contracts | — | — | (6,977 | ) | — | — | ||||||||||||||
Foreign currency transactions | — | — | 16 | — | — | |||||||||||||||
22,355 | — | 19,510 | 39,083 | 208,600 | ||||||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on: | ||||||||||||||||||||
Investment securities | 51,638 | — | 36,431 | 69,238 | (14,945 | ) | ||||||||||||||
Futures contracts | — | — | (942 | ) | — | — | ||||||||||||||
Translation of assets and liabilities denominated in foreign currencies | — | — | 28 | — | 17 | |||||||||||||||
Change in unrealized appreciation (depreciation) | 51,638 | — | 35,517 | 69,238 | (14,928 | ) | ||||||||||||||
Net realized and unrealized gain: | 73,993 | — | 55,027 | 108,321 | 193,672 | |||||||||||||||
Net increase in net assets resulting from operations | $ | 73,609 | $ | 16 | $ | 144,046 | $ | 106,686 | $ | 194,988 | ||||||||||
(a) | Effective November 30, 2009, all previously existing Class I shares were re-designated as Class I2 shares. | |
(b) | Formerly, Transamerica High Yield Bond. | |
(c) | Formerly, Transamerica Legg Mason Partners All Cap. | |
(d) | Formerly, Transamerica Equity. | |
(e) | Rounds to less than $1. | |
* | The fund offered new classes of shares during the year ended October 31, 2010. For a list of new classes and commencement dates, refer to the notes to the financial statements. |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 56
Table of Contents
For the periods and years ended:
(all amounts in thousands)
Transamerica AEGON High Yield | ||||||||||||||||
Bond (a),(g),* | Transamerica Balanced* | |||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||
From operations: | ||||||||||||||||
Net investment income | $ | 48,143 | $ | 45,134 | $ | 9,489 | $ | 1,314 | ||||||||
Net realized gain (loss)(b) | 24,273 | (55,912 | ) | 33,723 | (10,547 | ) | ||||||||||
Change in unrealized appreciation (depreciation)(c) | 30,571 | 183,047 | 19,335 | 23,660 | ||||||||||||
Net increase in net assets resulting from operations | 102,987 | 172,269 | 62,547 | 14,427 | ||||||||||||
Distributions to shareholders: | ||||||||||||||||
From net investment income: | ||||||||||||||||
Class A | (7,929 | ) | (3,588 | ) | (2,267 | ) | (1,014 | ) | ||||||||
Class B | (917 | ) | (873 | ) | (269 | ) | (251 | ) | ||||||||
Class C | (2,048 | ) | (961 | ) | (479 | ) | (226 | ) | ||||||||
Class I | (642 | ) | (5 | ) | ||||||||||||
Class I2 | (35,273 | ) | (40,325 | ) | ||||||||||||
Class P | (2,091 | ) | (6,337 | ) | ||||||||||||
(48,900 | ) | (45,747 | ) | (9,357 | ) | (1,491 | ) | |||||||||
From net realized gains: | ||||||||||||||||
Class A | — | — | — | (3,148 | ) | |||||||||||
Class B | — | — | — | (1,819 | ) | |||||||||||
Class C | — | — | — | (1,091 | ) | |||||||||||
— | — | — | (6,058 | ) | ||||||||||||
Total distributions to shareholders | (48,900 | ) | (45,747 | ) | (9,357 | ) | (7,549 | ) | ||||||||
Capital share transactions: | ||||||||||||||||
Proceeds from shares sold: | ||||||||||||||||
Class A | 175,590 | 47,357 | 7,851 | 2,689 | ||||||||||||
Class B | 5,029 | 4,221 | 1,097 | 1,256 | ||||||||||||
Class C | 25,217 | 18,109 | 1,724 | 912 | ||||||||||||
Class I | 27,869 | 302 | ||||||||||||||
Class I2 | 16,456 | 33,691 | ||||||||||||||
Class P | 43,121 | 25,698 | ||||||||||||||
293,282 | 103,378 | 36,672 | 4,857 | |||||||||||||
Issued from fund acquisition: | ||||||||||||||||
Class A | — | — | 18,932 | — | ||||||||||||
Class B | — | — | 3,855 | — | ||||||||||||
Class C | — | — | 5,342 | — | ||||||||||||
Class I2 | 42,041 | — | — | |||||||||||||
Class P | 51,472 | 281,788 | — | |||||||||||||
93,513 | — | 309,917 | — | |||||||||||||
Dividends and distributions reinvested: | ||||||||||||||||
Class A | 6,300 | 2,491 | 2,132 | 3,940 | ||||||||||||
Class B | 565 | 546 | 256 | 1,971 | ||||||||||||
Class C | 1,325 | 576 | 430 | 1,182 | ||||||||||||
Class I | 264 | 3 | ||||||||||||||
Class I2 | 35,273 | 40,325 | ||||||||||||||
Class P | 2,035 | 6,308 | ||||||||||||||
45,762 | 43,938 | 9,129 | 7,093 | |||||||||||||
Cost of shares redeemed: | ||||||||||||||||
Class A | (67,766 | ) | (21,773 | ) | (16,364 | ) | (12,325 | ) | ||||||||
Class B | (2,899 | ) | (3,022 | ) | (3,595 | ) | (7,498 | ) | ||||||||
Class C | (6,669 | ) | (8,685 | ) | (4,123 | ) | (4,111 | ) | ||||||||
Class I | (1,970 | ) | (59 | ) | ||||||||||||
Class I2 | (195,700 | ) | (126,635 | ) | ||||||||||||
Class P | (76,785 | ) | (146,174 | ) | ||||||||||||
(351,789 | ) | (160,115 | ) | (170,315 | ) | (23,934 | ) | |||||||||
Automatic conversions: | ||||||||||||||||
Class A | 1,788 | 1,995 | 7,711 | 11,140 | ||||||||||||
Class B | (1,788 | ) | (1,995 | ) | (7,711 | ) | (11,140 | ) | ||||||||
— | — | — | — | |||||||||||||
Fair fund settlement: | ||||||||||||||||
Class A | 3 | — | 2 | — | ||||||||||||
Class B | — | (d) | — | — | (d) | — | ||||||||||
Class C | 1 | — | 1 | — | ||||||||||||
Class I | — | (d) | — | |||||||||||||
Class I2 | 21 | — | — | (d) | ||||||||||||
Class P | 2 | 6 | ||||||||||||||
27 | — | 9 | — | |||||||||||||
Net increase (decrease) in net assets resulting from capital shares transactions | ||||||||||||||||
80,795 | (12,799 | ) | 185,412 | (11,984 | ) | |||||||||||
Net increase (decrease) in net assets | 134,882 | 113,723 | 238,602 | (5,106 | ) | |||||||||||
Net assets: | ||||||||||||||||
Beginning of year | $ | 571,672 | $ | 457,949 | $ | 94,999 | $ | 100,105 | ||||||||
End of year | $ | 706,554 | $ | 571,672 | $ | 333,601 | $ | 94,999 | ||||||||
Undistributed net investment income | $ | 1,697 | $ | 2,454 | $ | 326 | $ | 69 | ||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 57
Table of Contents
For the periods and years ended:
(all amounts in thousands)
Transamerica AEGON High Yield | ||||||||||||||||
Bond (a),(g),* | Transamerica Balanced* | |||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||
Share activity: | ||||||||||||||||
Shares issued: | ||||||||||||||||
Class A | 19,958 | 6,660 | 391 | 168 | ||||||||||||
Class B | 578 | 593 | 57 | 80 | ||||||||||||
Class C | 2,873 | 2,534 | 87 | 59 | ||||||||||||
Class I | 3,130 | 15 | ||||||||||||||
Class I2 | 1,868 | 4,433 | ||||||||||||||
Class P | 4,932 | 1,305 | ||||||||||||||
33,339 | 14,220 | 1,855 | 307 | |||||||||||||
Shares issued on fund acquisition: | ||||||||||||||||
Class A | — | — | 1,014 | — | ||||||||||||
Class B | — | — | 207 | — | ||||||||||||
Class C | — | — | 289 | — | ||||||||||||
Class I2 | 4,928 | — | ||||||||||||||
Class P | 6,070 | 15,093 | ||||||||||||||
10,998 | — | 16,603 | — | |||||||||||||
Shares issued-reinvested from distributions: | ||||||||||||||||
Class A | 718 | 359 | 108 | 264 | ||||||||||||
Class B | 65 | 82 | 13 | 133 | ||||||||||||
Class C | 152 | 81 | 22 | 80 | ||||||||||||
Class I | 30 | — | (e) | |||||||||||||
Class I2 | 4,026 | 6,035 | ||||||||||||||
Class P | 233 | 322 | ||||||||||||||
5,224 | 6,557 | 465 | 477 | |||||||||||||
Shares redeemed: | ||||||||||||||||
Class A | (7,735 | ) | (3,199 | ) | (842 | ) | (794 | ) | ||||||||
Class B | (331 | ) | (432 | ) | (186 | ) | (490 | ) | ||||||||
Class C | (765 | ) | (1,154 | ) | (214 | ) | (269 | ) | ||||||||
Class I | (220 | ) | (3 | ) | ||||||||||||
Class I2 | (22,168 | ) | (20,679 | ) | ||||||||||||
Class P | (8,838 | ) | (7,410 | ) | ||||||||||||
(40,057 | ) | (25,464 | ) | (8,655 | ) | (1,553 | ) | |||||||||
Automatic conversions: | ||||||||||||||||
Class A | 205 | 271 | 403 | 704 | ||||||||||||
Class B | (205 | ) | (271 | ) | (404 | ) | (707 | ) | ||||||||
— | — | (1 | ) | (3 | ) | |||||||||||
Net increase (decrease) in shares outstanding: | ||||||||||||||||
Class A | 13,146 | 4,091 | 1,074 | 342 | ||||||||||||
Class B | 107 | (28 | ) | (313 | ) | (984 | ) | |||||||||
Class C | 2,260 | 1,461 | 184 | (130 | ) | |||||||||||
Class I | 2,940 | 12 | ||||||||||||||
Class I2 | (11,346 | ) | (10,211 | ) | ||||||||||||
Class P | 2,397 | 9,310 | ||||||||||||||
9,504 | (4,687 | ) | 10,267 | (772 | ) | |||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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Table of Contents
For the periods and years ended:
(all amounts in thousands)
Transamerica Diversified Equity(a),* | ||||||||||||
10 Months | 12 Months Ended | |||||||||||
October 31, | Ended October | December 31, | ||||||||||
2010(i) | 31, 2009(j) | 2008(j) | ||||||||||
From operations: | ||||||||||||
Net investment income | $ | 11,516 | $ | 485 | $ | 915 | ||||||
Net realized gain (loss)(b) | 12,131 | (24,478 | ) | (2,752 | ) | |||||||
Change in unrealized appreciation (depreciation)(c) | 75,160 | 71,013 | (127,173 | ) | ||||||||
Net increase in net assets resulting from operations | 98,807 | 47,020 | (129,010 | ) | ||||||||
Distributions to shareholders: | ||||||||||||
From net investment income: | ||||||||||||
Investor Class | (879 | ) | — | (430 | ) | |||||||
Class A | (118 | ) | ||||||||||
Class B | (5 | ) | ||||||||||
Class C | (8 | ) | ||||||||||
Class I | — | (d) | ||||||||||
Class I2 | (144 | ) | ||||||||||
Class P | (519 | ) | ||||||||||
(1,673 | ) | — | (430 | ) | ||||||||
From net realized gains: | ||||||||||||
Investor Class | — | — | (5,449 | ) | ||||||||
Total distributions to shareholders | (1,673 | ) | — | (5,879 | ) | |||||||
Capital share transactions: | ||||||||||||
Proceeds from shares sold: | ||||||||||||
Investor Class | 2,312 | 42,808 | 62,498 | |||||||||
Class A | 1,803 | |||||||||||
Class B | 466 | |||||||||||
Class C | 413 | |||||||||||
Class I | 469 | |||||||||||
Class I2 | 273,045 | |||||||||||
Class P | 46,384 | |||||||||||
324,892 | 42,808 | 62,498 | ||||||||||
Issued from fund acquisition: | ||||||||||||
Class A | 86,981 | |||||||||||
Class B | 10,090 | |||||||||||
Class C | 16,272 | |||||||||||
Class I2 | 63,778 | |||||||||||
Class P | 276,775 | |||||||||||
453,896 | ||||||||||||
Dividends and distributions reinvested: | ||||||||||||
Investor Class | 552 | — | — | |||||||||
Class A | 113 | — | 3,738 | |||||||||
Class B | 5 | |||||||||||
Class C | 8 | |||||||||||
Class I | — | (d) | ||||||||||
Class I2 | 144 | |||||||||||
Class P | 325 | |||||||||||
1,147 | — | 3,738 | ||||||||||
Redeemed due to acquisition: | ||||||||||||
Investor Class | (276,775 | ) | — | — | ||||||||
Cost of shares redeemed: | ||||||||||||
Investor Class | (2,056 | ) | (24,454 | ) | (42,251 | ) | ||||||
Class A | (15,911 | ) | ||||||||||
Class B | (1,542 | ) | ||||||||||
Class C | (3,183 | ) | ||||||||||
Class I | (62 | ) | ||||||||||
Class I2 | (14,522 | ) | ||||||||||
Class P | (34,102 | ) | ||||||||||
(71,378 | ) | (24,454 | ) | (42,251 | ) | |||||||
Redemption fee: | ||||||||||||
Investor Class | — | 3 | 6 | |||||||||
Automatic conversions: | ||||||||||||
Class A | 2,053 | |||||||||||
Class B | (2,053 | ) | ||||||||||
— | ||||||||||||
Fair fund settlement: | ||||||||||||
Class A | 73 | — | — | |||||||||
Class B | 8 | |||||||||||
Class C | 13 | |||||||||||
Class I | — | (d) | ||||||||||
Class I2 | 275 | |||||||||||
Class P | 242 | |||||||||||
611 | — | — | ||||||||||
Net increase in net assets resulting from capital shares transactions | 432,393 | 18,357 | 23,991 | |||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 59
Table of Contents
For the periods and years ended:
(all amounts in thousands)
Transamerica Diversified Equity(a),* | ||||||||||||
10 Months | 12 Months Ended | |||||||||||
October 31, | Ended October | December 31, | ||||||||||
2010(i) | 31, 2009(j) | 2008(j) | ||||||||||
Net increase in net assets | $ | 529,527 | $ | 65,377 | $ | (110,898 | ) | |||||
Net assets: | ||||||||||||
Beginning of year | $ | 259,822 | $ | 194,445 | $ | 305,343 | ||||||
End of year | $ | 789,349 | $ | 259,822 | $ | 194,445 | ||||||
Undistributed net investment income | $ | 10,396 | $ | 547 | $ | 62 | ||||||
Share activity: | ||||||||||||
Shares issued: | ||||||||||||
Investor Class | 139 | 4,116 | 4,769 | |||||||||
Class A | 135 | |||||||||||
Class B | 36 | |||||||||||
Class C | 31 | |||||||||||
Class I | 33 | |||||||||||
Class I2 | 21,090 | |||||||||||
Class P | 3,606 | |||||||||||
25,070 | 4,116 | 4,769 | ||||||||||
Shares issued on fund acquisition: | ||||||||||||
Class A | 6,767 | |||||||||||
Class B | 785 | |||||||||||
Class C | 1,266 | |||||||||||
Class I2 | 4,961 | |||||||||||
Class P | 21,531 | |||||||||||
35,310 | ||||||||||||
Shares issued-reinvested from distributions: | ||||||||||||
Investor Class | 43 | — | 388 | |||||||||
Class A | 9 | |||||||||||
Class B | — | (e) | ||||||||||
Class C | 1 | |||||||||||
Class I | — | (e) | ||||||||||
Class I2 | 11 | |||||||||||
Class P | 25 | |||||||||||
89 | 388 | |||||||||||
Shares redeemed due to acquisition: | ||||||||||||
Investor Class | (21,531 | ) | — | |||||||||
Shares redeemed: | ||||||||||||
Investor Class | (166 | ) | (2,410 | ) | (3,147 | ) | ||||||
Class A | (1,209 | ) | ||||||||||
Class B | (118 | ) | ||||||||||
Class C | (242 | ) | ||||||||||
Class I | (4 | ) | ||||||||||
Class I2 | (1,113 | ) | ||||||||||
Class P | (2,583 | ) | ||||||||||
(5,435 | ) | (2,410 | ) | (3,147 | ) | |||||||
Automatic conversions: | ||||||||||||
Class A | 159 | |||||||||||
Class B | (159 | ) | ||||||||||
— | ||||||||||||
Net increase (decrease) in shares outstanding: | ||||||||||||
Investor Class | (21,515 | ) | 1,706 | 2,010 | ||||||||
Class A | 5,861 | |||||||||||
Class B | 544 | |||||||||||
Class C | 1,056 | |||||||||||
Class I | 29 | |||||||||||
Class I2 | 24,949 | |||||||||||
Class P | 22,579 | |||||||||||
33,503 | 1,706 | 2,010 | ||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 60
Table of Contents
For the periods and years ended:
(all amounts in thousands)
Transamerica Flexible Income(a),* | Transamerica Focus(h),* | |||||||||||||||||||
10 Months Ended | 12 Months Ended | |||||||||||||||||||
October 31, | October 31, | December 31, | ||||||||||||||||||
October 31, 2010 | October 31, 2009 | 2010(k) | 2009(l) | 2008(l) | ||||||||||||||||
From operations: | ||||||||||||||||||||
Net investment income (loss) | $ | 14,706 | $ | 9,228 | $ | (1,060 | ) | $ | (378 | ) | $ | (381 | ) | |||||||
Net realized gain (loss)(b) | 17,969 | (20,193 | ) | 4,802 | (5,643 | ) | (4,628 | ) | ||||||||||||
Change in unrealized appreciation (depreciation)(c) | 1,881 | 39,583 | 22,155 | 21,232 | (32,976 | ) | ||||||||||||||
Net increase in net assets resulting from operations | 34,556 | 28,618 | 25,897 | 15,211 | (37,985 | ) | ||||||||||||||
Distributions to shareholders: | ||||||||||||||||||||
From net investment income: | ||||||||||||||||||||
Investor Class | — | — | — | |||||||||||||||||
Class A | (2,777 | ) | (941 | ) | (54 | ) | ||||||||||||||
Class B | (566 | ) | (410 | ) | (10 | ) | ||||||||||||||
Class C | (1,393 | ) | (384 | ) | (9 | ) | ||||||||||||||
Class I | (209 | ) | — | (d) | ||||||||||||||||
Class I2 | (10,854 | ) | (7,215 | ) | ||||||||||||||||
Class P | (105 | ) | ||||||||||||||||||
(15,799 | ) | (8,950 | ) | (178 | ) | |||||||||||||||
From net realized gains: | ||||||||||||||||||||
Investor Class | — | — | (2,249 | ) | ||||||||||||||||
Total distributions to shareholders | (15,799 | ) | (8,950 | ) | (178 | ) | — | (2,249 | ) | |||||||||||
Capital share transactions: | ||||||||||||||||||||
Proceeds from shares sold: | ||||||||||||||||||||
Investor Class | 127 | 6,437 | 5,204 | |||||||||||||||||
Class A | 40,020 | 10,176 | 2,879 | |||||||||||||||||
Class B | 4,135 | 2,774 | 764 | |||||||||||||||||
Class C | 34,689 | 16,525 | 631 | |||||||||||||||||
Class I | 10,503 | 429 | ||||||||||||||||||
Class I2 | 3,933 | 28,190 | ||||||||||||||||||
Class P | 2,885 | |||||||||||||||||||
93,280 | 57,665 | 7,715 | 6,437 | 5,204 | ||||||||||||||||
Issued from fund acquisition: | — | |||||||||||||||||||
Class A | 13,041 | — | 39,661 | |||||||||||||||||
Class B | 2,469 | — | 18,628 | |||||||||||||||||
Class C | 5,997 | — | 13,950 | |||||||||||||||||
Class I2 | 53,655 | |||||||||||||||||||
Class P | — | 68,302 | ||||||||||||||||||
75,162 | 140,541 | |||||||||||||||||||
Dividends and distributions reinvested: | ||||||||||||||||||||
Investor Class | — | — | (d) | 2,226 | ||||||||||||||||
Class A | 2,040 | 781 | 51 | |||||||||||||||||
Class B | 400 | 317 | 9 | |||||||||||||||||
Class C | 718 | 298 | 8 | |||||||||||||||||
Class I | 41 | — | (d) | |||||||||||||||||
Class I2 | 10,854 | 7,215 | ||||||||||||||||||
Class P | 104 | |||||||||||||||||||
14,053 | 8,611 | 172 | — | (d) | 2,226 | |||||||||||||||
Redeemed due to acquisition: | ||||||||||||||||||||
Investor Class | (68,302 | ) | — | — | ||||||||||||||||
Cost of shares redeemed: | ||||||||||||||||||||
Investor Class | (166 | ) | (8,784 | ) | (11,740 | ) | ||||||||||||||
Class A | (29,821 | ) | (4,781 | ) | (8,976 | ) | ||||||||||||||
Class B | (3,008 | ) | (2,734 | ) | (3,226 | ) | ||||||||||||||
Class C | (20,023 | ) | (11,057 | ) | (3,668 | ) | ||||||||||||||
Class I | (1,014 | ) | (50 | ) | ||||||||||||||||
Class I2 | (66,476 | ) | (45,960 | ) | ||||||||||||||||
Class P | — | (11,367 | ) | |||||||||||||||||
(120,342 | ) | (64,532 | ) | (27,453 | ) | (8,784 | ) | (11,740 | ) | |||||||||||
Redemption fee: | ||||||||||||||||||||
Investor Class | — | — | (d) | 6 | ||||||||||||||||
Automatic conversions: | ||||||||||||||||||||
Class A | 2,342 | 2,016 | 7,775 | |||||||||||||||||
Class B | (2,342 | ) | (2,016 | ) | (7,775 | ) | ||||||||||||||
— | — | — | ||||||||||||||||||
Net increase (decrease) in net assets resulting from capital shares transactions | ||||||||||||||||||||
62,153 | 1,744 | 52,673 | 2,437 | (4,304 | ) | |||||||||||||||
Net increase in net assets | 80,910 | 21,412 | 78,392 | 12,864 | (44,538 | ) | ||||||||||||||
Net assets: | ||||||||||||||||||||
Beginning of year | $ | 177,489 | $ | 156,077 | $ | 63,698 | $ | 50,834 | $ | 95,372 | ||||||||||
End of year | $ | 258,399 | $ | 177,489 | $ | 142,090 | $ | 63,698 | $ | 50,834 | ||||||||||
Undistributed net investment income | $ | 748 | $ | 1,228 | $ | — | $ | — | $ | 11 | ||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 61
Table of Contents
For the periods and years ended:
(all amounts in thousands)
Transamerica Flexible Income(a),* | Transamerica Focus(h),* | |||||||||||||||||||
10 Months Ended | 12 Months Ended | |||||||||||||||||||
October 31, | October 31, | December 31, | ||||||||||||||||||
October 31, 2010 | October 31, 2009 | 2010(k) | 2009(l) | 2008(l) | ||||||||||||||||
Share activity: | ||||||||||||||||||||
Shares issued: | ||||||||||||||||||||
Investor Class | — | 8 | 442 | 274 | ||||||||||||||||
Class A | 4,626 | 1,330 | 232 | |||||||||||||||||
Class B | 479 | 382 | 67 | |||||||||||||||||
Class C | 4,015 | 2,105 | 54 | |||||||||||||||||
Class I | 1,195 | 35 | ||||||||||||||||||
Class I2 | 460 | 3,765 | ||||||||||||||||||
Class P | 234 | |||||||||||||||||||
10,775 | 7,582 | 630 | 442 | 274 | ||||||||||||||||
Shares issued on fund acquisition: | ||||||||||||||||||||
Class A | 1,554 | — | 3,369 | |||||||||||||||||
Class B | 294 | — | 1,700 | |||||||||||||||||
Class C | 717 | — | 1,275 | |||||||||||||||||
Class I2 | 6,372 | — | ||||||||||||||||||
Class P | 5,802 | |||||||||||||||||||
8,937 | — | 12,146 | ||||||||||||||||||
Shares issued-reinvested from distributions: | ||||||||||||||||||||
Investor Class | — | — | — | (e) | 170 | |||||||||||||||
Class A | 236 | 105 | 4 | |||||||||||||||||
Class B | 46 | 43 | 1 | |||||||||||||||||
Class C | 83 | 40 | 1 | |||||||||||||||||
Class I | 5 | — | (e) | |||||||||||||||||
Class I2 | 1,254 | 976 | ||||||||||||||||||
Class P | 9 | |||||||||||||||||||
1,624 | 1,164 | 15 | — | (e) | 170 | |||||||||||||||
Shares redeemed due to acquisition: | ||||||||||||||||||||
Investor Class | (3,672 | ) | ||||||||||||||||||
Shares redeemed: | ||||||||||||||||||||
Investor Class | — | (10 | ) | (597 | ) | (649 | ) | |||||||||||||
Class A | (3,460 | ) | (654 | ) | (734 | ) | ||||||||||||||
Class B | (347 | ) | (370 | ) | (288 | ) | ||||||||||||||
Class C | (2,327 | ) | (1,414 | ) | (324 | ) | ||||||||||||||
Class I | (115 | ) | (4 | ) | ||||||||||||||||
Class I2 | (7,637 | ) | (6,606 | ) | ||||||||||||||||
Class P | (943 | ) | ||||||||||||||||||
(13,886 | ) | (9,044 | ) | (2,303 | ) | (597 | ) | (649 | ) | |||||||||||
Automatic conversions: | ||||||||||||||||||||
Class A | 270 | 271 | 652 | |||||||||||||||||
Class B | (270 | ) | (271 | ) | (702 | ) | ||||||||||||||
— | — | (50 | ) | |||||||||||||||||
Net increase (decrease) in shares outstanding: | ||||||||||||||||||||
Investor Class | (3,674 | ) | (155 | ) | (205 | ) | ||||||||||||||
Class A | 3,226 | 1,052 | 3,523 | |||||||||||||||||
Class B | 202 | (216 | ) | 778 | ||||||||||||||||
Class C | 2,488 | 731 | 1,006 | |||||||||||||||||
Class I | 1,085 | 31 | ||||||||||||||||||
Class I2 | 449 | (1,865 | ) | |||||||||||||||||
Class P | 5,102 | |||||||||||||||||||
7,450 | (298 | ) | 6,766 | (155 | ) | (205 | ) | |||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 62
Table of Contents
For the periods and years ended:
(all amounts in thousands)
Transamerica Growth | ||||||||||||||||||||||||
Opportunities (a),* | Transamerica Money Market (a),* | Transamerica Short-Term Bond(a),* | ||||||||||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income (loss) | $ | (384 | ) | $ | (478 | ) | $ | 16 | $ | 517 | $ | 89,019 | $ | 37,983 | ||||||||||
Net realized gain (loss)(b) | 22,355 | (15,832 | ) | — | — | 19,510 | 526 | |||||||||||||||||
Change in unrealized appreciation (depreciation)(c) | 51,638 | 39,944 | — | — | 35,517 | 65,391 | ||||||||||||||||||
Net increase in net assets resulting from operations | 73,609 | 23,634 | 16 | 517 | 144,046 | 103,900 | ||||||||||||||||||
Net equalization credit and charges | — | — | (84 | ) | — | — | — | |||||||||||||||||
Distributions to shareholders: | ||||||||||||||||||||||||
From net investment income: | ||||||||||||||||||||||||
Class A | — | — | (5 | ) | (307 | ) | (25,649 | ) | (4,009 | ) | ||||||||||||||
Class B | — | — | (1 | ) | (32 | ) | ||||||||||||||||||
Class C | — | — | (2 | ) | (44 | ) | (20,162 | ) | (3,980 | ) | ||||||||||||||
Class I | — | — | (d) | (4,071 | ) | |||||||||||||||||||
Class I2 | — | — | (3 | ) | (134 | ) | (39,448 | ) | (31,013 | ) | ||||||||||||||
Class P | — | (4 | ) | |||||||||||||||||||||
Total distributions to shareholders | — | — | (15 | ) | (517 | ) | (89,330 | ) | (39,002 | ) | ||||||||||||||
Capital share transactions: | ||||||||||||||||||||||||
Proceeds from shares sold: | ||||||||||||||||||||||||
Class A | 2,816 | 4,051 | 87,174 | 143,852 | 868,148 | 307,854 | ||||||||||||||||||
Class B | 1,026 | 1,387 | 7,885 | 27,049 | ||||||||||||||||||||
Class C | 1,364 | 1,126 | 20,292 | 52,405 | 578,716 | 316,772 | ||||||||||||||||||
Class I | 772 | 55 | 274,807 | |||||||||||||||||||||
Class I2 | 19,035 | 10,374 | 8,382 | 17,852 | 338,251 | 225,676 | ||||||||||||||||||
Class P | 3,868 | 11,682 | ||||||||||||||||||||||
28,881 | 16,938 | 135,470 | 241,158 | 2,059,922 | 850,302 | |||||||||||||||||||
Issued from fund acquisition: | �� | |||||||||||||||||||||||
Class P | 96,199 | 43,668 | — | — | ||||||||||||||||||||
Dividends and distributions reinvested: | ||||||||||||||||||||||||
Class A | — | — | 4 | 415 | 18,561 | 2,350 | ||||||||||||||||||
Class B | — | — | 1 | 50 | ||||||||||||||||||||
Class C | — | — | 1 | 62 | 13,088 | 2,129 | ||||||||||||||||||
Class I | — | — | (d) | 810 | ||||||||||||||||||||
Class I2 | — | — | 4 | 159 | 39,349 | 29,359 | ||||||||||||||||||
Class P | — | 4 | ||||||||||||||||||||||
— | — | 14 | 686 | 71,808 | 33,838 | |||||||||||||||||||
Cost of shares redeemed: | ||||||||||||||||||||||||
Class A | (10,186 | ) | (9,176 | ) | (119,147 | ) | (144,951 | ) | (335,135 | ) | (32,632 | ) | ||||||||||||
Class B | (2,202 | ) | (3,018 | ) | (18,940 | ) | (26,771 | ) | ||||||||||||||||
Class C | (2,378 | ) | (2,206 | ) | (32,675 | ) | (66,281 | ) | (88,854 | ) | (16,819 | ) | ||||||||||||
Class I | (33 | ) | — | (79,367 | ) | |||||||||||||||||||
Class I2 | (55,843 | ) | (14 | ) | (20,731 | ) | (13,219 | ) | (111,416 | ) | (87,178 | ) | ||||||||||||
Class P | (15,721 | ) | (23,294 | ) | ||||||||||||||||||||
(86,363 | ) | (14,414 | ) | (214,787 | ) | (251,222 | ) | (614,772 | ) | (136,629 | ) | |||||||||||||
Net income equalization: | ||||||||||||||||||||||||
Class A | — | — | 42 | — | — | — | ||||||||||||||||||
Class B | — | — | 9 | — | ||||||||||||||||||||
Class C | — | — | 12 | — | — | — | ||||||||||||||||||
Class I | — | — | (d) | — | ||||||||||||||||||||
Class I2 | — | — | 9 | — | — | — | ||||||||||||||||||
Class P | — | 12 | ||||||||||||||||||||||
— | — | 84 | — | — | — | |||||||||||||||||||
Redemption fee: | ||||||||||||||||||||||||
Class A | — | 1 | — | — | — | 1 | ||||||||||||||||||
Automatic conversions: | ||||||||||||||||||||||||
Class A | 3,838 | 6,621 | 5,116 | 4,826 | ||||||||||||||||||||
Class B | (3,838 | ) | (6,621 | ) | (5,116 | ) | (4,826 | ) | ||||||||||||||||
— | — | — | — | |||||||||||||||||||||
Fair fund settlement: | ||||||||||||||||||||||||
Class A | 31 | — | 1 | — | — | — | ||||||||||||||||||
Class B | 9 | — | — | (d) | — | |||||||||||||||||||
Class C | 7 | — | — | (d) | — | — | — | |||||||||||||||||
Class I | — | (d) | — | (d) | — | |||||||||||||||||||
Class I2 | 73 | — | — | (d) | — | — | — | |||||||||||||||||
Class P | 57 | — | (d) | |||||||||||||||||||||
177 | — | 1 | — | — | — | |||||||||||||||||||
Net increase (decrease) in net assets resulting from capital shares transactions | ||||||||||||||||||||||||
38,894 | 2,525 | (35,550 | ) | (9,378 | ) | 1,516,958 | 747,512 | |||||||||||||||||
Net increase (decrease) in net assets | 112,503 | 26,159 | (35,633 | ) | (9,378 | ) | 1,571,674 | 812,410 | ||||||||||||||||
Net assets: | ||||||||||||||||||||||||
Beginning of year | $ | 185,031 | $ | 158,872 | $ | 262,506 | $ | 271,884 | $ | 1,317,669 | $ | 505,259 | ||||||||||||
End of year | $ | 297,534 | $ | 185,031 | $ | 226,873 | $ | 262,506 | $ | 2,889,343 | $ | 1,317,669 | ||||||||||||
Undistributed (accumulated) net investment income (loss) | $ | — | $ | (16 | ) | $ | — | $ | 83 | $ | (2,187 | ) | $ | 518 | ||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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Table of Contents
For the periods and years ended:
(all amounts in thousands)
Transamerica Growth | ||||||||||||||||||||||||
Opportunities (a),* | Transamerica Money Market (a),* | Transamerica Short-Term Bond(a),* | ||||||||||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||||||||
Share activity: | ||||||||||||||||||||||||
Shares issued: | ||||||||||||||||||||||||
Class A | 325 | 608 | 87,173 | 143,852 | 83,747 | 30,676 | ||||||||||||||||||
Class B | 129 | 240 | 7,884 | 27,049 | ||||||||||||||||||||
Class C | 169 | 186 | 20,292 | 52,405 | 55,769 | 31,668 | ||||||||||||||||||
Class I | 84 | — | 55 | 26,816 | ||||||||||||||||||||
Class I2 | 2,050 | 1,484 | 8,382 | 17,852 | 33,121 | 23,703 | ||||||||||||||||||
Class P | 444 | — | 11,681 | |||||||||||||||||||||
3,201 | 2,518 | 135,467 | 241,158 | 199,453 | 86,047 | |||||||||||||||||||
Shares issued on fund acquisition: | ||||||||||||||||||||||||
Class P | 12,010 | 43,668 | ||||||||||||||||||||||
Shares issued-reinvested from distributions: | ||||||||||||||||||||||||
Class A | — | — | 4 | 415 | 1,783 | 233 | ||||||||||||||||||
Class B | — | — | 1 | 50 | ||||||||||||||||||||
Class C | — | — | 1 | 62 | 1,260 | 212 | ||||||||||||||||||
Class I | — | — | (e) | 79 | ||||||||||||||||||||
Class I2 | — | — | 4 | 159 | 3,852 | 3,042 | ||||||||||||||||||
Class P | — | 4 | ||||||||||||||||||||||
— | — | 14 | 686 | 6,974 | 3,487 | |||||||||||||||||||
Shares redeemed: | ||||||||||||||||||||||||
Class A | (1,176 | ) | (1,404 | ) | (119,147 | ) | (144,951 | ) | (32,381 | ) | (3,251 | ) | ||||||||||||
Class B | (278 | ) | (517 | ) | (18,940 | ) | (26,771 | ) | ||||||||||||||||
Class C | (298 | ) | (374 | ) | (32,675 | ) | (66,281 | ) | (8,542 | ) | (1,683 | ) | ||||||||||||
Class I | (4 | ) | — | (7,719 | ) | |||||||||||||||||||
Class I2 | (5,908 | ) | (2 | ) | (20,731 | ) | (13,219 | ) | (10,852 | ) | (9,311 | ) | ||||||||||||
Class P | (1,807 | ) | (23,294 | ) | ||||||||||||||||||||
(9,471 | ) | (2,297 | ) | (214,787 | ) | (251,222 | ) | (59,494 | ) | (14,245 | ) | |||||||||||||
Automatic conversions: | ||||||||||||||||||||||||
Class A | 455 | 1,029 | 5,116 | 4,826 | — | — | ||||||||||||||||||
Class B | (492 | ) | (1,105 | ) | (5,116 | ) | (4,826 | ) | ||||||||||||||||
(37 | ) | (76 | ) | — | — | — | — | |||||||||||||||||
Net increase (decrease) in shares outstanding: | ||||||||||||||||||||||||
Class A | (396 | ) | 233 | (26,854 | ) | 4,142 | 53,149 | 27,658 | ||||||||||||||||
Class B | (641 | ) | (1,382 | ) | (16,171 | ) | (4,498 | ) | ||||||||||||||||
Class C | (129 | ) | (188 | ) | (12,382 | ) | (13,814 | ) | 48,487 | 30,196 | ||||||||||||||
Class I | 80 | 55 | 19,176 | |||||||||||||||||||||
Class I2 | (3,858 | ) | 1,482 | (12,345 | ) | 4,792 | 26,121 | 17,434 | ||||||||||||||||
Class P | 10,647 | 32,059 | ||||||||||||||||||||||
5,703 | 145 | (35,638 | ) | (9,378 | ) | 146,933 | 75,289 | |||||||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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Table of Contents
For the periods and years ended:
(all amounts in thousands)
Transamerica Small/Mid Cap | Transamerica WMC Diversified | |||||||||||||||
Value(a),* | Growth(a),(f),* | |||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||
From operations: | ||||||||||||||||
Net investment income (loss) | $ | (1,635 | ) | $ | (582 | ) | $ | 1,316 | $ | 3,514 | ||||||
Net realized gain (loss)(b) | 39,083 | (101,349 | ) | 208,600 | (229,461 | ) | ||||||||||
Change in unrealized appreciation (depreciation)(c) | 69,238 | 110,124 | (14,928 | ) | 309,390 | |||||||||||
Net increase in net assets resulting from operations | 106,686 | 8,193 | 194,988 | 83,443 | ||||||||||||
Distributions to shareholders: | ||||||||||||||||
From net investment income: | ||||||||||||||||
Class A | — | (4,092 | ) | — | — | |||||||||||
Class B | — | (531 | ) | — | — | |||||||||||
Class C | — | (1,959 | ) | — | — | |||||||||||
Class I | — | (45 | ) | |||||||||||||
Class I2 | — | (1,434 | ) | (3,761 | ) | (2,946 | ) | |||||||||
Class P | (2,080 | ) | ||||||||||||||
Class T | — | (9 | ) | |||||||||||||
Total distributions to shareholders | — | (8,016 | ) | (5,886 | ) | (2,955 | ) | |||||||||
Capital share transactions: | ||||||||||||||||
Proceeds from shares sold: | ||||||||||||||||
Class A | 128,433 | 90,888 | 13,236 | 18,934 | ||||||||||||
Class B | 8,100 | 7,452 | 2,191 | 2,981 | ||||||||||||
Class C | 50,351 | 34,707 | 1,883 | 2,444 | ||||||||||||
Class I | 49,227 | 12,918 | ||||||||||||||
Class I2 | 2,506 | 25,014 | 40,492 | 157,215 | ||||||||||||
Class P | 26,286 | |||||||||||||||
Class T | 3,704 | 920 | ||||||||||||||
238,617 | 158,061 | 100,710 | 182,494 | |||||||||||||
Issued from fund acquisition: | ||||||||||||||||
Class I2 | 80,466 | — | ||||||||||||||
Class P | 459,628 | |||||||||||||||
— | — | 540,094 | — | |||||||||||||
Dividends and distributions reinvested: | ||||||||||||||||
Class A | — | 3,256 | — | — | ||||||||||||
Class B | — | 458 | — | — | ||||||||||||
Class C | — | 1,538 | — | — | ||||||||||||
Class I | — | 4 | ||||||||||||||
Class I2 | — | 1,434 | 3,733 | 2,946 | ||||||||||||
Class P | 2,040 | |||||||||||||||
Class T | — | 9 | ||||||||||||||
— | 6,686 | 5,777 | 2,955 | |||||||||||||
Cost of shares redeemed: | ||||||||||||||||
Class A | (112,530 | ) | (107,219 | ) | (63,192 | ) | (65,179 | ) | ||||||||
Class B | (6,385 | ) | (6,668 | ) | (6,687 | ) | (10,613 | ) | ||||||||
Class C | (29,483 | ) | (27,816 | ) | (8,859 | ) | (14,174 | ) | ||||||||
Class I | (11,419 | ) | (10,518 | ) | ||||||||||||
Class I2 | (597 | ) | (201,385 | ) | (421,721 | ) | (67,722 | ) | ||||||||
Class P | (249,854 | ) | ||||||||||||||
Class T | (13,273 | ) | (11,813 | ) | ||||||||||||
(160,414 | ) | (343,088 | ) | (774,104 | ) | (169,501 | ) | |||||||||
Redemption fee: | ||||||||||||||||
Class A | — | 6 | — | — | ||||||||||||
Automatic conversions: | ||||||||||||||||
Class A | 6,686 | 2,712 | 10,681 | 14,302 | ||||||||||||
Class B | (6,686 | ) | (2,712 | ) | (10,681 | ) | (14,302 | ) | ||||||||
— | — | — | — | |||||||||||||
Fair fund settlement: | ||||||||||||||||
Class A | — | — | 1 | — | ||||||||||||
Class B | — | — | — | (d) | — | |||||||||||
Class C | — | — | — | (d) | — | |||||||||||
Class I | — | — | — | (d) | ||||||||||||
Class I2 | — | — | 1 | — | ||||||||||||
Class P | 1 | |||||||||||||||
Class T | — | (d) | — | |||||||||||||
— | — | 3 | — | |||||||||||||
Net increase (decrease) in net assets resulting from capital shares transactions | ||||||||||||||||
78,203 | (178,335 | ) | (127,520 | ) | 15,948 | |||||||||||
Net increase (decrease) in net assets | 184,889 | (178,158 | ) | 61,582 | 96,436 | |||||||||||
Net assets: | ||||||||||||||||
Beginning of year | $ | 362,848 | $ | 541,006 | $ | 1,094,334 | $ | 997,898 | ||||||||
End of year | $ | 547,737 | $ | 362,848 | $ | 1,155,916 | $ | 1,094,334 | ||||||||
Undistributed (accumulated) net investment income (loss) | $ | — | $ | (1 | ) | $ | — | $ | 2,928 | |||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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For the periods and years ended:
(all amounts in thousands)
Transamerica Small/Mid Cap | Transamerica WMC Diversified | |||||||||||||||
Value(a),* | Growth(a),(f),* | |||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||
Share activity: | ||||||||||||||||
Shares issued: | ||||||||||||||||
Class A | 7,470 | 6,850 | 1,615 | 2,948 | ||||||||||||
Class B | 493 | 585 | 288 | 506 | ||||||||||||
Class C | 3,065 | 2,683 | 248 | 414 | ||||||||||||
Class I | 2,756 | 1,551 | ||||||||||||||
Class I2 | 141 | 2,158 | 4,973 | 21,289 | ||||||||||||
Class P | 3,236 | |||||||||||||||
Class T | 158 | 51 | ||||||||||||||
13,925 | 12,276 | 12,069 | 25,208 | |||||||||||||
Shares issued on fund acquisition: | ||||||||||||||||
Class I2 | — | 9,765 | — | |||||||||||||
Class P | 56,955 | |||||||||||||||
— | 66,720 | — | ||||||||||||||
Shares issued-reinvested from distributions: | ||||||||||||||||
Class A | — | 287 | — | — | ||||||||||||
Class B | — | 42 | — | — | ||||||||||||
Class C | — | 142 | — | — | ||||||||||||
Class I | — | — | (e) | |||||||||||||
Class I2 | — | 126 | 459 | 458 | ||||||||||||
Class P | 256 | |||||||||||||||
Class T | — | 1 | ||||||||||||||
— | 597 | 715 | 459 | |||||||||||||
Shares redeemed: | ||||||||||||||||
Class A | (6,565 | ) | (9,340 | ) | (7,654 | ) | (10,073 | ) | ||||||||
Class B | (393 | ) | (572 | ) | (881 | ) | (1,764 | ) | ||||||||
Class C | (1,833 | ) | (2,456 | ) | (1,162 | ) | (2,369 | ) | ||||||||
Class I | (649 | ) | (1,234 | ) | ||||||||||||
Class I2 | (35 | ) | (18,296 | ) | (51,333 | ) | (10,523 | ) | ||||||||
Class P | (30,698 | ) | ||||||||||||||
Class T | (581 | ) | (664 | ) | ||||||||||||
(9,475 | ) | (30,664 | ) | (93,543 | ) | (25,393 | ) | |||||||||
Automatic conversions: | ||||||||||||||||
Class A | 400 | 207 | 1,325 | 2,192 | ||||||||||||
Class B | (417 | ) | (215 | ) | (1,429 | ) | (2,349 | ) | ||||||||
(17 | ) | (8 | ) | (104 | ) | (157 | ) | |||||||||
Net increase (decrease) in shares outstanding: | ||||||||||||||||
Class A | 1,305 | (1,996 | ) | (4,714 | ) | (4,933 | ) | |||||||||
Class B | (317 | ) | (161 | ) | (2,022 | ) | (3,607 | ) | ||||||||
Class C | 1,232 | 369 | (914 | ) | (1,955 | ) | ||||||||||
Class I | 2,107 | 317 | ||||||||||||||
Class I2 | 106 | (16,011 | ) | (36,136 | ) | 11,224 | ||||||||||
Class P | 29,749 | |||||||||||||||
Class T | (423 | ) | (612 | ) | ||||||||||||
4,433 | (17,799 | ) | (14,143 | ) | 117 | |||||||||||
(a) | Effective November 30, 2009, all previously existing Class I shares were re-designated as Class I2 shares. | |
(b) | Net realized gain (loss) includes all items as listed in the Statements of Operations. | |
(c) | Change in unrealized appreciation (depreciation) includes all items as listed in the Statements of Operations. | |
(d) | Rounds to less than $1. | |
(e) | Rounds to less than 1 share. | |
(f) | Formerly, Transamerica Equity. | |
(g) | Formerly, Transamerica High Yield Bond. | |
(h) | Formerly, Transamerica Legg Mason Partners All Cap. | |
(i) | For this period, information is based on 13 days as Transamerica Premier Diversified Equity and 352 days as Transamerica Diversified Equity. The 13 days represents Investor Class activity, which reflects activity of the predecessor’s fund. | |
(j) | This period represents Transamerica Premier Diversified Equity. | |
(k) | For this period, information is based on 13 days as Transamerica Premier Focus and 352 days as Transamerica Focus (formerly, Transamerica Legg Mason Partners All Cap). The 13 days represents Investor Class activity, which reflects activity of the predecessor’s portfolio. | |
(l) | This period represents Transamerica Premier Focus. | |
* | The fund offered new classes of shares during the year ended October 31, 2010. For a list of new classes and commencement dates, refer to the notes to the financial statements. |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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Table of Contents
For the period or years ended:
Transamerica AEGON High Yield Bond(a) | ||||||||||||||||||||
Class A | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of period/year | $ | 8.45 | $ | 6.31 | $ | 9.12 | $ | 9.19 | $ | 8.97 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.66 | 0.65 | 0.64 | 0.60 | 0.61 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.73 | 2.14 | (2.83 | ) | (0.07 | ) | 0.19 | |||||||||||||
Total from investment operations | 1.39 | 2.79 | (2.19 | ) | 0.53 | 0.80 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.68 | ) | (0.66 | ) | (0.62 | ) | (0.60 | ) | (0.58 | ) | ||||||||||
Total distributions | (0.68 | ) | (0.66 | ) | (0.62 | ) | (0.60 | ) | (0.58 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 9.16 | $ | 8.45 | $ | 6.31 | $ | 9.12 | $ | 9.19 | ||||||||||
Total return(c) | 17.21 | % | 47.58 | % | (25.46 | %) | 5.90 | % | 9.27 | % | ||||||||||
Net assets end of year (000’s) | $ | 193,332 | $ | 67,290 | $ | 24,506 | $ | 35,147 | $ | 43,514 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||
After reimbursement/fee waiver | 1.15 | % | 1.19 | % | 1.16 | % | 1.15 | % | 1.16 | % | ||||||||||
Before reimbursement/fee waiver | 1.15 | % | 1.19 | % | 1.16 | % | 1.15 | % | 1.16 | % | ||||||||||
Net investment income, to average net assets(d) | 7.52 | % | 9.08 | % | 7.65 | % | 6.45 | % | 6.77 | % | ||||||||||
Portfolio turnover rate | 91 | % | 58 | % | 38 | % | 80 | % | 73 | % | ||||||||||
Transamerica AEGON High Yield Bond(a) | ||||||||||||||||||||
Class B | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of period/year | $ | 8.44 | $ | 6.30 | $ | 9.11 | $ | 9.18 | $ | 8.97 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.61 | 0.60 | 0.58 | 0.53 | 0.55 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.72 | 2.15 | (2.83 | ) | (0.06 | ) | 0.19 | |||||||||||||
Total from investment operations | 1.33 | 2.75 | (2.25 | ) | 0.47 | 0.74 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.62 | ) | (0.61 | ) | (0.56 | ) | (0.54 | ) | (0.53 | ) | ||||||||||
Total distributions | (0.62 | ) | (0.61 | ) | (0.56 | ) | (0.54 | ) | (0.53 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 9.15 | $ | 8.44 | $ | 6.30 | $ | 9.11 | $ | 9.18 | ||||||||||
Total return(c) | 16.38 | % | 46.69 | % | (26.04 | %) | 5.19 | % | 8.53 | % | ||||||||||
Net assets end of year (000’s) | $ | 13,887 | $ | 11,898 | $ | 9,091 | $ | 21,370 | $ | 27,753 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||
After reimbursement/fee waiver | 1.83 | % | 1.91 | % | 1.85 | % | 1.83 | % | 1.83 | % | ||||||||||
Before reimbursement/fee waiver | 1.83 | % | 1.91 | % | 1.85 | % | 1.83 | % | 1.83 | % | ||||||||||
Net investment income, to average net assets(d) | 6.93 | % | 8.56 | % | 6.83 | % | 5.77 | % | 6.12 | % | ||||||||||
Portfolio turnover rate | 91 | % | 58 | % | 38 | % | 80 | % | 73 | % | ||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 67
Table of Contents
For the period or years ended:
Transamerica AEGON High Yield Bond(a) | ||||||||||||||||||||||||
Class C | Class I | |||||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | 2010 (e) | ||||||||||||||||||
Net asset value | ||||||||||||||||||||||||
Beginning of period/year | $ | 8.42 | $ | 6.30 | $ | 9.10 | $ | 9.17 | $ | 8.96 | $ | 8.55 | ||||||||||||
Investment operations | ||||||||||||||||||||||||
Net investment income(b) | 0.61 | 0.60 | 0.58 | 0.53 | 0.55 | 0.63 | ||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.73 | 2.14 | (2.82 | ) | (0.06 | ) | 0.19 | 0.68 | ||||||||||||||||
Total from investment operations | 1.34 | 2.74 | (2.24 | ) | 0.47 | 0.74 | 1.31 | |||||||||||||||||
Distributions | ||||||||||||||||||||||||
Net investment income | (0.63 | ) | (0.62 | ) | (0.56 | ) | (0.54 | ) | (0.53 | ) | (0.66 | ) | ||||||||||||
Total distributions | (0.63 | ) | (0.62 | ) | (0.56 | ) | (0.54 | ) | (0.53 | ) | (0.66 | ) | ||||||||||||
Net asset value | ||||||||||||||||||||||||
End of year | $ | 9.13 | $ | 8.42 | $ | 6.30 | $ | 9.10 | $ | 9.17 | $ | 9.20 | ||||||||||||
Total return(c) | 16.54 | % | 46.63 | % | (25.89 | %) | 5.21 | % | 8.54 | % | 15.92 | %(f) | ||||||||||||
Net assets end of year (000’s) | $ | 41,810 | $ | 19,548 | $ | 5,429 | $ | 10,160 | $ | 11,317 | $ | 27,057 | ||||||||||||
Ratio and supplemental data | ||||||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||||||
After reimbursement/fee waiver | 1.77 | % | 1.81 | % | 1.80 | % | 1.83 | % | 1.83 | % | 0.83 | %(g) | ||||||||||||
Before reimbursement/fee waiver | 1.77 | % | 1.81 | % | 1.80 | % | 1.83 | % | 1.83 | % | 0.83 | %(g) | ||||||||||||
Net investment income, to average net assets(d) | 6.96 | % | 8.23 | % | 6.93 | % | 5.77 | % | 6.12 | % | 7.71 | %(g) | ||||||||||||
Portfolio turnover rate | 91 | % | 58 | % | 38 | % | 80 | % | 73 | % | 91 | %(f) | ||||||||||||
Transamerica AEGON High Yield Bond(a) | ||||||||||||||||||||||||
Class I2(h) | Class P | |||||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | 2010 (i) | ||||||||||||||||||
Net asset value | ||||||||||||||||||||||||
Beginning of period/year | $ | 8.50 | $ | 6.35 | $ | 9.17 | $ | 9.24 | $ | 9.02 | $ | 8.48 | ||||||||||||
Investment operations | ||||||||||||||||||||||||
Net investment income(b) | 0.71 | 0.69 | 0.69 | 0.65 | 0.67 | 0.65 | ||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.73 | 2.16 | (2.85 | ) | (0.07 | ) | 0.18 | 0.67 | ||||||||||||||||
Total from investment operations | 1.44 | 2.85 | (2.16 | ) | 0.58 | 0.85 | 1.32 | |||||||||||||||||
Distributions | ||||||||||||||||||||||||
Net investment income | (0.72 | ) | (0.70 | ) | (0.66 | ) | (0.65 | ) | (0.63 | ) | (0.64 | ) | ||||||||||||
Total distributions | (0.72 | ) | (0.70 | ) | (0.66 | ) | (0.65 | ) | (0.63 | ) | (0.64 | ) | ||||||||||||
Net asset value | ||||||||||||||||||||||||
End of year | $ | 9.22 | $ | 8.50 | $ | 6.35 | $ | 9.17 | $ | 9.24 | $ | 9.16 | ||||||||||||
Total return(c) | 17.74 | % | 48.39 | % | (25.05 | %) | 6.39 | % | 9.81 | % | 16.21 | %(f) | ||||||||||||
Net assets end of year (000’s) | $ | 408,505 | $ | 472,936 | $ | 418,923 | $ | 331,300 | $ | 315,252 | $ | 21,963 | ||||||||||||
Ratio and supplemental data | ||||||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||||||
After reimbursement/fee waiver | 0.66 | % | 0.67 | % | 0.65 | % | 0.65 | % | 0.66 | % | 0.90 | %(g) | ||||||||||||
Before reimbursement/fee waiver | 0.66 | % | 0.67 | % | 0.65 | % | 0.65 | % | 0.66 | % | 1.07 | %(g) | ||||||||||||
Net investment income, to average net assets(d) | 8.11 | % | 9.96 | % | 8.34 | % | 6.96 | % | 7.29 | % | 7.90 | %(g) | ||||||||||||
Portfolio turnover rate | 91 | % | 58 | % | 38 | % | 80 | % | 73 | % | 91 | %(f) | ||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 68
Table of Contents
For the period or years ended:
Transamerica Balanced | ||||||||||||||||||||
Class A | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 17.85 | $ | 16.44 | $ | 25.70 | $ | 22.05 | $ | 19.90 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.52 | 0.28 | 0.28 | 0.17 | 0.12 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 3.55 | 2.47 | (8.64 | ) | 3.62 | 2.12 | ||||||||||||||
Total from investment operations | 4.07 | 2.75 | (8.36 | ) | 3.79 | 2.24 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.52 | ) | (0.31 | ) | (0.24 | ) | (0.14 | ) | (0.09 | ) | ||||||||||
Net realized gains on investments | — | (1.03 | ) | (0.66 | ) | — | — | |||||||||||||
Total distributions | (0.52 | ) | (1.34 | ) | (0.90 | ) | (0.14 | ) | (0.09 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 21.40 | $ | 17.85 | $ | 16.44 | $ | 25.70 | $ | 22.05 | ||||||||||
Total return(c) | 23.08 | % | 18.43 | % | (33.55 | %) | 17.28 | % | 11.27 | % | ||||||||||
Net assets end of year (000’s) | $ | 95,258 | $ | 60,279 | $ | 49,917 | $ | 61,565 | $ | 55,547 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||
After reimbursement/fee waiver | 1.56 | %(j) | 1.73 | %(j) | 1.52 | % | 1.56 | % | 1.58 | % | ||||||||||
Before reimbursement/fee waiver | 1.56 | %(j) | 1.73 | %(j) | 1.52 | % | 1.56 | % | 1.58 | % | ||||||||||
Net investment income, to average net assets(d) | 2.67 | % | 1.72 | % | 1.27 | % | 0.73 | % | 0.57 | % | ||||||||||
Portfolio turnover rate | 99 | % | 100 | % | 52 | % | 52 | % | 51 | % | ||||||||||
Transamerica Balanced | ||||||||||||||||||||
Class B | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 17.79 | $ | 16.37 | $ | 25.58 | $ | 21.98 | $ | 19.88 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.33 | 0.16 | 0.13 | 0.04 | — | (k) | ||||||||||||||
Net realized and unrealized gain (loss) on investments | 3.58 | 2.45 | (8.58 | ) | 3.60 | 2.12 | ||||||||||||||
Total from investment operations | 3.91 | 2.61 | (8.45 | ) | 3.64 | 2.12 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.36 | ) | (0.17 | ) | (0.10 | ) | (0.04 | ) | (0.02 | ) | ||||||||||
Net realized gains on investments | — | (1.03 | ) | (0.66 | ) | — | — | |||||||||||||
Total distributions | (0.36 | ) | (1.20 | ) | (0.76 | ) | (0.04 | ) | (0.02 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 21.34 | $ | 17.79 | $ | 16.37 | $ | 25.58 | $ | 21.98 | ||||||||||
Total return(c) | 22.15 | % | 17.50 | % | (33.95 | %) | 16.57 | % | 10.65 | % | ||||||||||
Net assets end of year (000’s) | $ | 14,658 | $ | 17,787 | $ | 32,469 | $ | 96,573 | $ | 118,286 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||
After reimbursement/fee waiver | 2.34 | %(j) | 2.46 | %(j) | 2.15 | % | 2.14 | % | 2.15 | % | ||||||||||
Before reimbursement/fee waiver | 2.34 | %(j) | 2.46 | %(j) | 2.15 | % | 2.14 | % | 2.15 | % | ||||||||||
Net investment income, to average net assets(d) | 1.73 | % | 1.02 | % | 0.59 | % | 0.15 | % | 0.01 | % | ||||||||||
Portfolio turnover rate | 99 | % | 100 | % | 52 | % | 52 | % | 51 | % | ||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 69
Table of Contents
For the period or years ended:
Transamerica Balanced | ||||||||||||||||||||||||
Class C | Class I | |||||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | 2010 (e) | ||||||||||||||||||
Net asset value | ||||||||||||||||||||||||
Beginning of period/year | $ | 17.69 | $ | 16.30 | $ | 25.50 | $ | 21.91 | $ | 19.82 | $ | 18.49 | ||||||||||||
Investment operations | ||||||||||||||||||||||||
Net investment income(b) | 0.40 | 0.18 | 0.15 | 0.04 | 0.01 | 0.57 | ||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 3.53 | 2.46 | (8.56 | ) | 3.59 | 2.10 | 2.98 | |||||||||||||||||
Total from investment operations | 3.93 | 2.64 | (8.41 | ) | 3.63 | 2.11 | 3.55 | |||||||||||||||||
Distributions | ||||||||||||||||||||||||
Net investment income | (0.42 | ) | (0.22 | ) | (0.13 | ) | (0.04 | ) | (0.02 | ) | (0.58 | ) | ||||||||||||
Net realized gains on investments | — | (1.03 | ) | (0.66 | ) | — | — | — | ||||||||||||||||
Total distributions | (0.42 | ) | (1.25 | ) | (0.79 | ) | (0.04 | ) | (0.02 | ) | (0.58 | ) | ||||||||||||
Net asset value | ||||||||||||||||||||||||
End of year | $ | 21.20 | $ | 17.69 | $ | 16.30 | $ | 25.50 | $ | 21.91 | $ | 21.46 | ||||||||||||
Total return(c) | 22.43 | % | 17.80 | % | (33.92 | %) | 16.61 | % | 10.64 | % | 19.52 | %(f) | ||||||||||||
Net assets end of year (000’s) | $ | 24,194 | $ | 16,933 | $ | 17,719 | $ | 32,569 | $ | 36,750 | $ | 265 | ||||||||||||
Ratio and supplemental data | ||||||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||||||
After reimbursement/fee waiver | 2.11 | %(j) | 2.27 | %(j) | 2.08 | % | 2.11 | % | 2.12 | % | 1.46 | %(g)(u) | ||||||||||||
Before reimbursement/fee waiver | 2.11 | %(j) | 2.27 | %(j) | 2.08 | % | 2.11 | % | 2.12 | % | 2.01 | %(g)(u) | ||||||||||||
Net investment income, to average net assets(d) | 2.09 | % | 1.15 | % | 0.69 | % | 0.18 | % | 0.03 | % | 3.15 | %(g) | ||||||||||||
Portfolio turnover rate | 99 | % | 100 | % | 52 | % | 52 | % | 51 | % | 99 | %(f) | ||||||||||||
Transamerica | ||||||||||||||||||||||||
Balanced | Transamerica Diversified Equity | |||||||||||||||||||||||
Class P | Class A | Class B | Class C | Class I | Class I2(h) | |||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||||
For a share outstanding throughout each period | 2010 (l) | 2010 (l) | 2010 (l) | 2010 (l) | 2010 (e) | 2010 (l) | ||||||||||||||||||
Net asset value | ||||||||||||||||||||||||
Beginning of period/year | $ | 18.67 | $ | 12.85 | $ | 12.85 | $ | 12.85 | $ | 12.65 | $ | 12.85 | ||||||||||||
Investment operations | ||||||||||||||||||||||||
Net investment income(b) | 0.54 | 0.15 | 0.06 | 0.06 | 0.26 | 0.26 | ||||||||||||||||||
Net realized and unrealized gain on investments | 2.80 | 1.31 | 1.32 | 1.32 | 1.53 | 1.30 | ||||||||||||||||||
Total from investment operations | 3.34 | 1.46 | 1.38 | 1.38 | 1.79 | 1.56 | ||||||||||||||||||
Distributions | ||||||||||||||||||||||||
Net investment income | (0.61 | ) | (0.02 | ) | (0.01 | ) | (0.01 | ) | (0.03 | ) | (0.03 | ) | ||||||||||||
Total distributions | (0.61 | ) | (0.02 | ) | (0.01 | ) | (0.01 | ) | (0.03 | ) | (0.03 | ) | ||||||||||||
Net asset value | ||||||||||||||||||||||||
End of year | $ | 21.40 | $ | 14.29 | $ | 14.22 | $ | 14.22 | $ | 14.41 | $ | 14.38 | ||||||||||||
Total return(c) | 18.19 | %(f) | 11.32 | %(f) | 10.68 | %(f) | 10.68 | %(f) | 14.16 | %(f) | 12.12 | %(f) | ||||||||||||
Net assets end of year (000’s) | $ | 199,226 | $ | 83,766 | $ | 7,735 | $ | 15,013 | $ | 421 | $ | 358,714 | ||||||||||||
Ratio and supplemental data | ||||||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||||||
After reimbursement/fee waiver | 1.11 | %(g)(u) | 1.52 | %(g) | 2.17 | %(g) | 2.17 | %(g) | 1.17 | %(g) | 0.81 | %(g) | ||||||||||||
Before reimbursement/fee waiver | 1.33 | %(g) | 1.72 | %(g) | 2.44 | %(g) | 2.31 | %(g) | 1.81 | %(g) | 0.81 | %(g) | ||||||||||||
Net investment income, to average net assets(d) | 2.88 | %(g) | 1.14 | %(g) | 0.40 | %(g) | 0.48 | %(g) | 2.14 | %(g) | 2.02 | %(g) | ||||||||||||
Portfolio turnover rate | 99 | %(f) | 79 | %(f) | 79 | %(f) | 79 | %(f) | 79 | % (f) | 79 | %(f) | ||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 70
Table of Contents
For the period or years ended:
Transamerica Diversified Equity | ||||||||||||||||||||||||
Class P (w) | ||||||||||||||||||||||||
10 Months | ||||||||||||||||||||||||
October 31, | Ended October | December 31, | December 31, | December 31, | December 31, | |||||||||||||||||||
For a share outstanding throughout each period | 2010 | 31, 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||||
Net asset value | ||||||||||||||||||||||||
Beginning of year | $ | 12.08 | $ | 9.82 | $ | 17.15 | $ | 14.84 | $ | 13.69 | $ | 12.70 | ||||||||||||
Investment operations | ||||||||||||||||||||||||
Net investment income(b) | 0.21 | 0.02 | 0.05 | 0.01 | 0.01 | 0.02 | ||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 2.12 | 2.24 | (7.08 | ) | 2.77 | 1.28 | 0.99 | |||||||||||||||||
Total from investment operations | 2.33 | 2.26 | (7.03 | ) | 2.78 | 1.29 | 1.01 | |||||||||||||||||
Distributions | ||||||||||||||||||||||||
Net investment income | (0.07 | ) | — | (0.02 | ) | — | (k) | — | (0.02 | ) | ||||||||||||||
Net realized gains on investments | — | — | (0.28 | ) | (0.47 | ) | (0.14 | ) | — | |||||||||||||||
Total distributions | (0.07 | ) | — | (0.30 | ) | (0.47 | ) | (0.14 | ) | (0.02 | ) | |||||||||||||
Net asset value | ||||||||||||||||||||||||
End of year | $ | 14.34 | $ | 12.08 | $ | 9.82 | $ | 17.15 | $ | 14.84 | $ | 13.69 | ||||||||||||
Total return(c) | 19.31 | % | 23.01 | %(f) | (40.93 | %) | 18.68 | % | 9.42 | % | 7.93 | % | ||||||||||||
Net assets end of year (000’s) | $ | 323,700 | $ | 259,822 | $ | 194,445 | $ | 305,343 | $ | 207,607 | $ | 148,927 | ||||||||||||
Ratio and supplemental data | ||||||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||||||
After reimbursement/fee waiver | 1.15 | % | 1.15 | %(g) | 1.15 | % | 1.15 | % | 1.15 | % | 1.10 | % | ||||||||||||
Before reimbursement/fee waiver | 1.38 | % | 1.32 | %(g) | 1.29 | % | 1.15 | % | 1.15 | % | 1.31 | % | ||||||||||||
Net investment income, to average net assets(d) | 1.56 | % | 0.27 | %(g) | 0.35 | % | 0.08 | % | 0.04 | % | 0.13 | % | ||||||||||||
Portfolio turnover rate | 79 | % | 25 | %(f) | 44 | % | 29 | % | 36 | % | 35 | % | ||||||||||||
Transamerica Flexible Income | ||||||||||||||||||||
Class A | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 8.33 | $ | 7.22 | $ | 9.14 | $ | 9.38 | $ | 9.31 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.50 | 0.46 | 0.44 | 0.48 | 0.43 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.70 | 1.08 | (1.89 | ) | (0.25 | ) | 0.05 | |||||||||||||
Total from investment operations | 1.20 | 1.54 | (1.45 | ) | 0.23 | 0.48 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.54 | ) | (0.43 | ) | (0.47 | ) | (0.47 | ) | (0.41 | ) | ||||||||||
Total distributions | (0.54 | ) | (0.43 | ) | (0.47 | ) | (0.47 | ) | (0.41 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 8.99 | $ | 8.33 | $ | 7.22 | $ | 9.14 | $ | 9.38 | ||||||||||
Total return(c) | 14.89 | % | 22.30 | % | (16.57 | %) | 2.42 | % | 5.34 | % | ||||||||||
Net assets end of year (000’s) | $ | 55,103 | $ | 24,173 | $ | 13,360 | $ | 15,409 | $ | 17,005 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||
After reimbursement/fee waiver | 1.07 | %(u) | 1.47 | % | 1.39 | % | 1.40 | % | 1.47 | % | ||||||||||
Before reimbursement/fee waiver | 1.15 | %(u) | 1.47 | % | 1.39 | % | 1.40 | % | 1.47 | % | ||||||||||
Net investment income, to average net assets(d) | 5.79 | % | 6.03 | % | 5.12 | % | 5.12 | % | 4.64 | % | ||||||||||
Portfolio turnover rate | 120 | % | 169 | % | 98 | % | 108 | % | 110 | % | ||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 71
Table of Contents
For the period or years ended:
Transamerica Flexible Income | ||||||||||||||||||||
Class B | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 8.34 | $ | 7.23 | $ | 9.14 | $ | 9.39 | $ | 9.32 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.43 | 0.40 | 0.38 | 0.42 | 0.38 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.71 | 1.09 | (1.88 | ) | (0.26 | ) | 0.06 | |||||||||||||
Total from investment operations | 1.14 | 1.49 | (1.50 | ) | 0.16 | 0.44 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.48 | ) | (0.38 | ) | (0.41 | ) | (0.41 | ) | (0.37 | ) | ||||||||||
Total distributions | (0.48 | ) | (0.38 | ) | (0.41 | ) | (0.41 | ) | (0.37 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 9.00 | $ | 8.34 | $ | 7.23 | $ | 9.14 | $ | 9.39 | ||||||||||
Total return(c) | 14.02 | % | 21.39 | % | (17.03 | %) | 1.66 | % | 4.81 | % | ||||||||||
Net assets end of year (000’s) | $ | 10,614 | $ | 8,161 | $ | 8,628 | $ | 17,007 | $ | 23,501 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||
After reimbursement/fee waiver | 1.88 | %(u) | 2.16 | % | 2.05 | % | 2.04 | % | 2.08 | % | ||||||||||
Before reimbursement/fee waiver | 1.88 | %(u) | 2.16 | % | 2.05 | % | 2.04 | % | 2.08 | % | ||||||||||
Net investment income, to average net assets(d) | 4.97 | % | 5.36 | % | 4.42 | % | 4.48 | % | 4.08 | % | ||||||||||
Portfolio turnover rate | 120 | % | 169 | % | 98 | % | 108 | % | 110 | % |
Transamerica Flexible Income | ||||||||||||||||||||||||
Class C | Class I | |||||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | 2010 (e) | ||||||||||||||||||
Net asset value | ||||||||||||||||||||||||
Beginning of period/year | $ | 8.31 | $ | 7.21 | $ | 9.12 | $ | 9.36 | $ | 9.30 | $ | 8.48 | ||||||||||||
Investment operations | ||||||||||||||||||||||||
Net investment income(b) | 0.44 | 0.41 | 0.39 | 0.42 | 0.39 | 0.50 | ||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.70 | 1.08 | (1.88 | ) | (0.25 | ) | 0.04 | 0.57 | ||||||||||||||||
Total from investment operations | 1.14 | 1.49 | (1.49 | ) | 0.17 | 0.43 | 1.07 | |||||||||||||||||
Distributions | ||||||||||||||||||||||||
Net investment income | (0.49 | ) | (0.39 | ) | (0.42 | ) | (0.41 | ) | (0.37 | ) | (0.53 | ) | ||||||||||||
Total distributions | (0.49 | ) | (0.39 | ) | (0.42 | ) | (0.41 | ) | (0.37 | ) | (0.53 | ) | ||||||||||||
Net asset value | ||||||||||||||||||||||||
End of year | $ | 8.96 | $ | 8.31 | $ | 7.21 | $ | 9.12 | $ | 9.36 | $ | 9.02 | ||||||||||||
Total return(c) | 14.15 | % | 21.50 | % | (16.98 | %) | 1.81 | % | 4.74 | % | 13.10 | %(f) | ||||||||||||
Net assets end of year (000’s) | $ | 36,264 | $ | 12,978 | $ | 5,981 | $ | 8,982 | $ | 12,519 | $ | 9,787 | ||||||||||||
Ratio and supplemental data | ||||||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||||||
After reimbursement/fee waiver | 1.74 | %(u) | 2.06 | % | 1.97 | % | 2.00 | % | 2.07 | % | 0.76 | %(g)(u) | ||||||||||||
Before reimbursement/fee waiver | 1.74 | %(u) | 2.06 | % | 1.97 | % | 2.00 | % | 2.07 | % | 0.76 | %(g)(u) | ||||||||||||
Net investment income, to average net assets(d) | 5.14 | % | 5.43 | % | 4.52 | % | 4.51 | % | 4.15 | % | 6.25 | %(g) | ||||||||||||
Portfolio turnover rate | 120 | % | 169 | % | 98 | % | 108 | % | 110 | % | 120 | %(f) |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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For the period or years ended:
Transamerica Flexible Income | ||||||||||||||||||||
Class I2(h) | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 8.37 | $ | 7.25 | $ | 9.17 | $ | 9.42 | $ | 9.35 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income (loss)(b) | 0.53 | 0.50 | 0.50 | 0.53 | 0.50 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.71 | 1.10 | (1.90 | ) | (0.26 | ) | 0.05 | |||||||||||||
Total from investment operations | 1.24 | 1.60 | (1.40 | ) | 0.27 | 0.55 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.58 | ) | (0.48 | ) | (0.52 | ) | (0.52 | ) | (0.48 | ) | ||||||||||
Total distributions | (0.58 | ) | (0.48 | ) | (0.52 | ) | (0.52 | ) | (0.48 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 9.03 | $ | 8.37 | $ | 7.25 | $ | 9.17 | $ | 9.42 | ||||||||||
Total return(c) | 15.39 | % | 23.16 | % | (16.02 | %) | 2.93 | % | 6.04 | % | ||||||||||
Net assets end of year (000’s) | $ | 146,631 | $ | 132,177 | $ | 128,108 | $ | 370,611 | $ | 221,116 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||
After reimbursement/fee waiver | 0.64 | %(u) | 0.85 | % | 0.77 | % | 0.80 | % | 0.86 | % | ||||||||||
Before reimbursement/fee waiver | 0.64 | %(u) | 0.85 | % | 0.77 | % | 0.80 | % | 0.86 | % | ||||||||||
Net investment income (loss), to average net assets(d) | 6.18 | % | 6.64 | % | 5.67 | % | 5.71 | % | 5.35 | % | ||||||||||
Portfolio turnover rate | 120 | % | 169 | % | 98 | % | 108 | % | 110 | % | ||||||||||
Transamerica Focus(m) | ||||||||||||||||
Class A | Class B | Class C | Class I | |||||||||||||
October 31, | October 31, | October 31, | October 31, | |||||||||||||
For a share outstanding throughout each period | 2010 (l) | 2010 (l) | 2010 (l) | 2010 (e) | ||||||||||||
Net asset value | ||||||||||||||||
Beginning of period/year | $ | 11.77 | $ | 10.95 | $ | 10.94 | $ | 11.64 | ||||||||
Investment operations | ||||||||||||||||
Net investment loss(b) | (0.09 | ) | (0.15 | ) | (0.15 | ) | (0.06 | ) | ||||||||
Net realized and unrealized gain on investments | 2.12 | 1.96 | 1.96 | 2.33 | ||||||||||||
Total from investment operations | 2.03 | 1.81 | 1.81 | 2.27 | ||||||||||||
Distributions | ||||||||||||||||
Net investment income | (0.02 | ) | (0.01 | ) | (0.01 | ) | (0.02 | ) | ||||||||
Total distributions | (0.02 | ) | (0.01 | ) | (0.01 | ) | (0.02 | ) | ||||||||
Net asset value | ||||||||||||||||
End of year | $ | 13.78 | $ | 12.75 | $ | 12.74 | $ | 13.89 | ||||||||
Total return(c) | 17.24 | %(f) | 16.51 | %(f) | 16.53 | %(f) | 19.58 | % (f) | ||||||||
Net assets end of year (000’s) | $ | 48,547 | $ | 9,916 | $ | 12,814 | $ | 434 | ||||||||
Ratio and supplemental data | ||||||||||||||||
Expenses to average net assets | ||||||||||||||||
After reimbursement/fee waiver | 1.55 | %(g) | 2.20 | %(g) | 2.20 | %(g) | 1.20 | % (g) | ||||||||
Before reimbursement/fee waiver | 1.78 | %(g) | 2.51 | %(g) | 2.26 | %(g) | 1.85 | % (g) | ||||||||
Net investment loss, to average net assets(d) | (0.75 | %)(g) | (1.36 | %)(g) | (1.39 | %)(g) | (0.51 | %) (g) | ||||||||
Portfolio turnover rate | 57 | %(f) | 57 | %(f) | 57 | %(f) | 57 | % (f) | ||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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For the period or years ended:
Transamerica Focus(m) | ||||||||||||||||||||||||
Class P(x) | ||||||||||||||||||||||||
10 Months | ||||||||||||||||||||||||
October 31, | Ended October | December 31, | December 31, | December 31, | December 31, | |||||||||||||||||||
For a share outstanding throughout each period | 2010 | 31, 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||||
Net asset value | ||||||||||||||||||||||||
Beginning of year | $ | 17.34 | $ | 13.28 | $ | 23.64 | $ | 19.65 | $ | 18.59 | $ | 16.01 | ||||||||||||
Investment operations | ||||||||||||||||||||||||
Net investment loss(b) | (0.08 | ) | (0.10 | ) | (0.10 | ) | (0.11 | ) | (0.11 | ) | (0.06 | ) | ||||||||||||
Net realized and unrealized gain (loss) on investments | (3.45 | ) | 4.16 | (9.65 | ) | 4.11 | 1.17 | 2.64 | ||||||||||||||||
Total from investment operations | (3.53 | ) | 4.06 | (9.75 | ) | 4.00 | 1.06 | 2.58 | ||||||||||||||||
Fund acquisition | ||||||||||||||||||||||||
Exchange Reduction | (6.83 | )(v) | ||||||||||||||||||||||
Distributions | ||||||||||||||||||||||||
Net investment income | (0.02 | ) | — | — | — | — | — | |||||||||||||||||
Net realized gains on investments | — | — | (0.61 | ) | (0.01 | ) | — | — | ||||||||||||||||
Total distributions | (0.02 | ) | — | (0.61 | ) | (0.01 | ) | — | — | |||||||||||||||
Net asset value | ||||||||||||||||||||||||
End of year | $ | 13.79 | $ | 17.34 | $ | 13.28 | $ | 23.64 | $ | 19.65 | $ | 18.59 | ||||||||||||
Total return(c) | 25.87 | % | 30.57 | %(f) | (41.19 | %) | 20.35 | % | 5.70 | % | 16.12 | % | ||||||||||||
Net assets end of year (000’s) | $ | 70,379 | $ | 63,698 | $ | 50,834 | $ | 95,372 | $ | 87,200 | $ | 111,705 | ||||||||||||
Ratio and supplemental data | ||||||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||||||
After reimbursement/fee waiver | 1.42 | %(n) | 1.45 | %(g)(n) | 1.37 | % | 1.18 | % | 1.20 | % | 1.32 | % | ||||||||||||
Before reimbursement/fee waiver | 1.43 | %(n) | 1.56 | %(g)(n) | 1.37 | % | 1.18 | % | 1.20 | % | 1.32 | % | ||||||||||||
Net investment loss, to average net assets(d) | (0.63 | %) | (0.80 | %)(g) | (0.52 | %) | (0.50 | %) | (0.61 | %) | (0.38 | %) | ||||||||||||
Portfolio turnover rate | 57 | % | 62 | %(f) | 66 | % | 51 | % | 46 | % | 67 | % | ||||||||||||
Transamerica Growth Opportunities | ||||||||||||||||||||
Class A | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 7.54 | $ | 6.57 | $ | 11.40 | $ | 8.36 | $ | 7.85 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment loss(b) | (0.05 | ) | (0.05 | ) | (0.06 | ) | (0.09 | ) | (0.07 | ) | ||||||||||
Net realized and unrealized gain (loss) on investments | 2.33 | 1.02 | (4.77 | ) | 3.13 | 0.58 | ||||||||||||||
Total from investment operations | 2.28 | 0.97 | (4.83 | ) | 3.04 | 0.51 | ||||||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 9.82 | $ | 7.54 | $ | 6.57 | $ | 11.40 | $ | 8.36 | ||||||||||
Total return(c) | 30.41 | % | 14.76 | % | (42.37 | %) | 36.20 | % | 6.62 | % | ||||||||||
Net assets end of year (000’s) | $ | 59,685 | $ | 48,788 | $ | 41,005 | $ | 64,825 | $ | 56,588 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||
After reimbursement/fee waiver | 1.75 | % | 1.75 | % | 1.75 | % | 1.75 | % | 1.72 | % | ||||||||||
Before reimbursement/fee waiver | 1.98 | % | 2.23 | % | 1.81 | % | 1.77 | % | 1.72 | % | ||||||||||
Net investment loss, to average net assets(d) | (0.56 | %) | (0.68 | %) | (0.69 | %) | (1.00 | %) | (0.89 | %) | ||||||||||
Portfolio turnover rate | 63 | % | 71 | % | 45 | % | 85 | % | 59 | % | ||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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For the period or years ended:
Transamerica Growth Opportunities | ||||||||||||||||||||
Class B | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 6.99 | $ | 6.13 | $ | 10.72 | $ | 7.92 | $ | 7.48 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment loss(b) | (0.10 | ) | (0.08 | ) | (0.12 | ) | (0.14 | ) | (0.13 | ) | ||||||||||
Net realized and unrealized gain (loss) on investments | 2.16 | 0.94 | (4.47 | ) | 2.94 | 0.57 | ||||||||||||||
Total from investment operations | 2.06 | 0.86 | (4.59 | ) | 2.80 | 0.44 | ||||||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 9.05 | $ | 6.99 | $ | 6.13 | $ | 10.72 | $ | 7.92 | ||||||||||
Total return(c) | 29.47 | % | 14.03 | % | (42.82 | %) | 35.35 | % | 5.88 | % | ||||||||||
Net assets end of year (000’s) | $ | 12,406 | $ | 14,067 | $ | 20,823 | $ | 65,123 | $ | 66,098 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||
After reimbursement/fee waiver | 2.40 | % | 2.40 | % | 2.40 | % | 2.40 | % | 2.40 | % | ||||||||||
Before reimbursement/fee waiver | 2.41 | % | 2.71 | % | 2.46 | % | 2.45 | % | 2.46 | % | ||||||||||
Net investment loss, to average net assets(d) | (1.21 | %) | (1.25 | %) | (1.39 | %) | (1.66 | %) | (1.57 | %) | ||||||||||
Portfolio turnover rate | 63 | % | 71 | % | 45 | % | 85 | % | 59 | % | ||||||||||
Transamerica Growth Opportunities | |||||||||||||||||||||||||||
Class C | Class I | ||||||||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | 2010 (e) | |||||||||||||||||||||
Net asset value | |||||||||||||||||||||||||||
Beginning of period/year | $ | 7.01 | $ | 6.16 | $ | 10.74 | $ | 7.94 | $ | 7.49 | $ | 8.04 | |||||||||||||||
Investment operations | |||||||||||||||||||||||||||
Net investment loss(b) | (0.10 | ) | (0.08 | ) | (0.11 | ) | (0.14 | ) | (0.12 | ) | (0.02 | ) | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 2.17 | 0.93 | (4.47 | ) | 2.94 | 0.57 | 2.17 | ||||||||||||||||||||
Total from investment operations | 2.07 | 0.85 | (4.58 | ) | 2.80 | 0.45 | 2.15 | ||||||||||||||||||||
Net asset value | |||||||||||||||||||||||||||
End of year | $ | 9.08 | $ | 7.01 | $ | 6.16 | $ | 10.74 | $ | 7.94 | $ | 10.19 | |||||||||||||||
Total return(c) | 29.53 | % | 13.80 | % | (42.64 | %) | 35.26 | % | 6.01 | % | 26.74 | %(f) | |||||||||||||||
Net assets end of year (000’s) | $ | 12,781 | $ | 10,774 | $ | 10,619 | $ | 22,656 | $ | 21,688 | $ | 815 | |||||||||||||||
Ratio and supplemental data | |||||||||||||||||||||||||||
Expenses to average net assets | |||||||||||||||||||||||||||
After reimbursement/fee waiver | 2.40 | % | 2.40 | % | 2.34 | % | 2.36 | % | 2.38 | % | 1.40 | %(g) | |||||||||||||||
Before reimbursement/fee waiver | 2.41 | % | 2.62 | % | 2.34 | % | 2.36 | % | 2.38 | % | 1.48 | %(g) | |||||||||||||||
Net investment loss, to average net assets(d) | (1.21 | %) | (1.31 | %) | (1.29 | %) | (1.61 | %) | (1.54 | %) | (0.23 | %)(g) | |||||||||||||||
Portfolio turnover rate | 63 | % | 71 | % | 45 | % | 85 | % | 59 | % | 63 | %(f) | |||||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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For the period or years ended:
Transamerica Growth Opportunities | ||||||||||||||||||||||||
Class I2(h) | Class P | |||||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 (o) | 2010 (l) | ||||||||||||||||||
Net asset value | ||||||||||||||||||||||||
Beginning of period/year | $ | 7.78 | $ | 6.74 | $ | 11.59 | $ | 8.43 | $ | 7.99 | $ | 8.01 | ||||||||||||
Investment operations | ||||||||||||||||||||||||
Net investment income (loss)(b) | 0.03 | 0.01 | 0.01 | (0.01 | ) | — | (k) | (0.02 | ) | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 2.42 | 1.03 | (4.86 | ) | 3.17 | 0.44 | 1.86 | |||||||||||||||||
Total from investment operations | 2.45 | 1.04 | (4.85 | ) | 3.16 | 0.44 | 1.84 | |||||||||||||||||
Net asset value | ||||||||||||||||||||||||
End of year | $ | 10.23 | $ | 7.78 | $ | 6.74 | $ | 11.59 | $ | 8.43 | $ | 9.85 | ||||||||||||
Total return(c) | 31.49 | % | 15.43 | % | (41.85 | %) | 37.49 | % | 5.51 | %(f) | 22.97 | %(f) | ||||||||||||
Net assets end of year (000’s) | $ | 106,970 | $ | 111,402 | $ | 86,425 | $ | 206,863 | $ | 214,775 | $ | 104,877 | ||||||||||||
Ratio and supplemental data | ||||||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||||||
After reimbursement/fee waiver | 0.88 | % | 0.91 | % | 0.86 | % | 0.88 | % | 0.88 | %(g) | 1.37 | %(g) | ||||||||||||
Before reimbursement/fee waiver | 0.88 | % | 0.91 | % | 0.86 | % | 0.88 | % | 0.88 | %(g) | 1.37 | %(g) | ||||||||||||
Net investment income (loss), to average net assets(d) | 0.32 | % | 0.15 | % | 0.15 | % | (0.15 | %) | (0.06 | %)(g) | (0.18 | %)(g) | ||||||||||||
Portfolio turnover rate | 63 | % | 71 | % | 45 | % | 85 | % | 59 | %(f) | 63 | %(f) | ||||||||||||
Transamerica Money Market | ||||||||||||||||||||
Class A | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | — | (k) | — | (k) | 0.02 | 0.05 | 0.04 | |||||||||||||
Net realized and unrealized gain on investments | — | (k) | — | (k) | — | (k) | — | — | ||||||||||||
Total from investment operations | — | (k) | — | (k) | 0.02 | 0.05 | 0.04 | |||||||||||||
Net equalization and credits | — | (k) | — | — | — | — | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | — | (k) | — | (k) | (0.02 | ) | (0.05 | ) | (0.04 | ) | ||||||||||
Net realized gains on investments | — | — | — | — | (k) | — | ||||||||||||||
Total distributions | — | (k) | — | (k) | (0.02 | ) | (0.05 | ) | (0.04 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | ||||||||||
Total return(c) | 0.01 | % | 0.21 | % | 2.52 | % | 4.61 | % | 4.09 | % | ||||||||||
Net assets end of year (000’s) | $ | 119,744 | $ | 146,598 | $ | 142,456 | $ | 95,766 | $ | 78,716 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||
After reimbursement/fee waiver | 0.22 | %(p) | 0.60 | %(p) | 0.83 | % | 0.83 | % | 0.83 | % | ||||||||||
Before reimbursement/fee waiver | 1.19 | % | 1.11 | % | 1.08 | % | 1.20 | % | 1.23 | % | ||||||||||
Net investment income, to average net assets(d) | — | % (q) | 0.20 | % | 2.40 | % | 4.54 | % | 3.98 | % | ||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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For the period or years ended:
Transamerica Money Market | ||||||||||||||||||||
Class B | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | — | (k) | — | (k) | 0.02 | 0.04 | 0.03 | |||||||||||||
Net realized and unrealized gain on investments | — | (k) | — | (k) | — | (k) | — | — | ||||||||||||
Total from investment operations | — | (k) | — | (k) | 0.02 | 0.04 | 0.03 | |||||||||||||
Net equalization and credits | — | (k) | — | — | — | — | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | — | (k) | — | (k) | (0.02 | ) | (0.04 | ) | (0.03 | ) | ||||||||||
Net realized gains on investments | — | — | — | — | (k) | — | ||||||||||||||
Total distributions | — | (k) | — | (k) | (0.02 | ) | (0.04 | ) | (0.03 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | ||||||||||
Total return(c) | 0.01 | % | 0.08 | % | 1.83 | % | 3.92 | % | 3.41 | % | ||||||||||
Net assets end of year (000’s) | $ | 19,442 | $ | 35,612 | $ | 40,110 | $ | 23,324 | $ | 25,727 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||
After reimbursement/fee waiver | 0.21 | % (p) | 0.73 | %(p) | 1.48 | % | 1.48 | % | 1.48 | % | ||||||||||
Before reimbursement/fee waiver | 1.81 | % | 1.75 | % | 1.75 | % | 1.83 | % | 1.80 | % | ||||||||||
Net investment income, to average net assets(d) | — | % (q) | 0.08 | % | 1.75 | % | 3.87 | % | 3.50 | % | ||||||||||
Transamerica Money Market | ||||||||||||||||||||||||
Class C | Class I | |||||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | 2010 (e) | ||||||||||||||||||
Net asset value | ||||||||||||||||||||||||
Beginning of year | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | ||||||||||||
Investment operations | ||||||||||||||||||||||||
Net investment income(b) | — | (k) | — | (k) | 0.02 | 0.04 | 0.03 | — | (k) | |||||||||||||||
Net realized and unrealized gain on investments | — | (k) | — | (k) | — | (k) | — | — | — | (k) | ||||||||||||||
Total from investment operations | — | (k) | — | (k) | 0.02 | 0.04 | 0.03 | — | (k) | |||||||||||||||
Net equalization and credits | — | (k) | — | — | — | — | — | (k) | ||||||||||||||||
Distributions | ||||||||||||||||||||||||
Net investment income | — | (k) | — | (k) | (0.02 | ) | (0.04 | ) | (0.03 | ) | — | (k) | ||||||||||||
Net realized gains on investments | — | — | — | — | (k) | — | — | |||||||||||||||||
Total distributions | — | (k) | — | (k) | (0.02 | ) | (0.04 | ) | (0.03 | ) | — | (k) | ||||||||||||
Net asset value | ||||||||||||||||||||||||
End of year | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | ||||||||||||
Total return(c) | 0.01 | % | 0.07 | % | 1.86 | % | 3.92 | % | 3.16 | % | 0.01 | %(f) | ||||||||||||
Net assets end of year (000’s) | $ | 33,800 | $ | 46,177 | $ | 59,991 | $ | 19,638 | $ | 17,286 | $ | 55 | ||||||||||||
Ratio and supplemental data | ||||||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||||||
After reimbursement/fee waiver | 0.22 | %(p) | 0.76 | %(p) | 1.48 | % | 1.48 | % | 1.48 | % | 0.22 | %(g)(p) | ||||||||||||
Before reimbursement/fee waiver | 1.66 | % | 1.64 | % | 1.67 | % | 1.73 | % | 1.82 | % | 3.16 | %(g) | ||||||||||||
Net investment income, to average net assets(d) | — | %(q) | 0.07 | % | 1.65 | % | 3.88 | % | 3.40 | % | 0.01 | %(g) | ||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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For the period or years ended:
Transamerica Money Market | ||||||||||||||||||||||||
Class I2(h) | Class P | |||||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 (o) | 2010 (i) | ||||||||||||||||||
Net asset value | ||||||||||||||||||||||||
Beginning of period/year | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | ||||||||||||
Investment operations | ||||||||||||||||||||||||
Net investment income(b) | — | (k) | — | (k) | 0.03 | 0.05 | 0.04 | — | (k) | |||||||||||||||
Net realized and unrealized gain on investments | — | (k) | — | (k) | — | (k) | — | — | — | (k) | ||||||||||||||
Total from investment operations | — | (k) | — | (k) | 0.03 | 0.05 | 0.04 | — | (k) | |||||||||||||||
Net equalization and credits | — | (k) | — | — | — | — | — | (k) | ||||||||||||||||
Distributions | ||||||||||||||||||||||||
Net investment income | — | (k) | — | (k) | (0.03 | ) | (0.05 | ) | (0.04 | ) | — | (k) | ||||||||||||
Net realized gains on investments | — | — | — | — | (k) | — | — | |||||||||||||||||
Total distributions | — | (k) | — | (k) | (0.03 | ) | (0.05 | ) | (0.04 | ) | — | (k) | ||||||||||||
Net asset value | ||||||||||||||||||||||||
End of year | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | $ | 1.00 | ||||||||||||
Total return(c) | 0.01 | % | 0.35 | % | 2.84 | % | 4.98 | % | 4.30 | % (f) | 0.01 | %(f) | ||||||||||||
Net assets end of year (000’s) | $ | 21,773 | $ | 34,119 | $ | 29,327 | $ | 34,673 | $ | 26,466 | $ | 32,059 | ||||||||||||
Ratio and supplemental data | ||||||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||||||
After reimbursement/fee waiver | 0.21 | %(p) | 0.45 | %(p) | 0.48 | % | 0.48 | % | 0.48 | %(g) | 0.21 | %(g)(p) | ||||||||||||
Before reimbursement/fee waiver | 0.50 | % | 0.53 | % | 0.49 | % | 0.52 | % | 0.51 | %(g) | 0.66 | %(g) | ||||||||||||
Net investment income, to average net assets(d) | 0.01 | % | 0.36 | % | 2.89 | % | 4.88 | % | 4.39 | %(g) | 0.01 | %(g) | ||||||||||||
Transamerica Short-Term Bond | ||||||||||||||||||||||||
Class A | Class C | |||||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008(r) | 2010 | 2009 | 2008(r) | ||||||||||||||||||
Net asset value | ||||||||||||||||||||||||
Beginning of period/year | $ | 10.26 | $ | 9.44 | $ | 10.00 | $ | 10.24 | $ | 9.42 | $ | 10.00 | ||||||||||||
Investment operations | ||||||||||||||||||||||||
Net investment income(b) | 0.43 | 0.51 | 0.38 | 0.36 | 0.43 | 0.32 | ||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.29 | 0.78 | (0.54 | ) | 0.28 | 0.80 | (0.55 | ) | ||||||||||||||||
Total from investment operations | 0.72 | 1.29 | (0.16 | ) | 0.64 | 1.23 | (0.23 | ) | ||||||||||||||||
Distributions | ||||||||||||||||||||||||
Net investment income | (0.45 | ) | (0.47 | ) | (0.40 | ) | (0.37 | ) | (0.41 | ) | (0.35 | ) | ||||||||||||
Total distributions | (0.45 | ) | (0.47 | ) | (0.40 | ) | (0.37 | ) | (0.41 | ) | (0.35 | ) | ||||||||||||
Net asset value | ||||||||||||||||||||||||
End of year | $ | 10.53 | $ | 10.26 | $ | 9.44 | $ | 10.51 | $ | 10.24 | $ | 9.42 | ||||||||||||
Total return(c) | 7.15 | % | 13.40 | % | (1.70 | %)(f) | 6.32 | % | 12.74 | % | (2.43 | %)(f) | ||||||||||||
Net assets end of year (000’s) | $ | 856,959 | $ | 289,879 | $ | 5,663 | $ | 834,859 | $ | 317,130 | $ | 7,263 | ||||||||||||
Ratio and supplemental data | ||||||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||||||
After reimbursement/fee waiver | 0.83 | % | 0.91 | % | 1.11 | %(g) | 1.59 | % | 1.65 | % | 1.76 | %(g) | ||||||||||||
Before reimbursement/fee waiver | 0.97 | % | 1.09 | % | 1.11 | %(g) | 1.63 | % | 1.74 | % | 1.76 | %(g) | ||||||||||||
Net investment income, to average net assets(d) | 4.16 | % | 5.14 | % | 3.92 | %(g) | 3.40 | % | 4.38 | % | 3.28 | %(g) | ||||||||||||
Portfolio turnover rate | 54 | % | 77 | % | 67 | %(f) | 54 | % | 77 | % | 67 | %(f) | ||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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For the period or years ended:
Transamerica Short-Term Bond | ||||||||||||||||||||||||
Class I | Class I2(h) | |||||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||||
For a share outstanding throughout each period | 2010 (e) | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
Net asset value | ||||||||||||||||||||||||
Beginning of period/year | $ | 10.14 | $ | 10.08 | $ | 9.28 | $ | 9.82 | $ | 9.84 | $ | 9.79 | ||||||||||||
Investment operations | ||||||||||||||||||||||||
Net investment income(b) | 0.39 | 0.46 | 0.50 | 0.43 | 0.47 | 0.40 | ||||||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.24 | 0.27 | 0.80 | (0.54 | ) | (0.04 | ) | 0.05 | ||||||||||||||||
Total from investment operations | 0.63 | 0.73 | 1.30 | (0.11 | ) | 0.43 | 0.45 | |||||||||||||||||
Distributions | ||||||||||||||||||||||||
Net investment income | (0.42 | ) | (0.47 | ) | (0.50 | ) | (0.43 | ) | (0.45 | ) | (0.40 | ) | ||||||||||||
Total distributions | (0.42 | ) | (0.47 | ) | (0.50 | ) | (0.43 | ) | (0.45 | ) | (0.40 | ) | ||||||||||||
Net asset value | ||||||||||||||||||||||||
End of year | $ | 10.35 | $ | 10.34 | $ | 10.08 | $ | 9.28 | $ | 9.82 | $ | 9.84 | ||||||||||||
Total return(c) | 6.34 | %(f) | 7.37 | % | 14.44 | % | (1.22 | %) | 4.45 | % | 4.72 | % | ||||||||||||
Net assets end of year (000’s) | $ | 198,461 | $ | 999,064 | $ | 710,660 | $ | 492,333 | $ | 563,889 | $ | 379,442 | ||||||||||||
Ratio and supplemental data | ||||||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||||||
After reimbursement/fee waiver | 0.65 | %(g) | 0.53 | % | 0.63 | % | 0.68 | % | 0.67 | % | 0.70 | % | ||||||||||||
Before reimbursement/fee waiver | 0.67 | %(g) | 0.58 | % | 0.69 | % | 0.68 | % | 0.67 | % | 0.70 | % | ||||||||||||
Net investment income, to average net assets(d) | 4.17 | %(g) | 4.52 | % | 5.14 | % | 4.38 | % | 4.81 | % | 4.10 | % | ||||||||||||
Portfolio turnover rate | 54 | %(f) | 54 | % | 77 | % | 67 | % | 117 | % | 100 | % |
Transamerica Small/Mid Cap Value | ||||||||||||||||||||
Class A | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 14.72 | $ | 12.70 | $ | 23.78 | $ | 17.78 | $ | 16.69 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income (loss)(b) | (0.02 | ) | — | (k) | 0.21 | 0.14 | 0.28 | |||||||||||||
Net realized and unrealized gain (loss) on investments | 4.19 | 2.33 | (8.64 | ) | 6.30 | 1.96 | ||||||||||||||
Total from investment operations | 4.17 | 2.33 | (8.43 | ) | 6.44 | 2.24 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | — | (0.31 | ) | (0.16 | ) | (0.13 | ) | (0.03 | ) | |||||||||||
Net realized gains on investments | — | — | (2.49 | ) | (0.31 | ) | (1.12 | ) | ||||||||||||
Total distributions | — | (0.31 | ) | (2.65 | ) | (0.44 | ) | (1.15 | ) | |||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 18.89 | $ | 14.72 | $ | 12.70 | $ | 23.78 | $ | 17.78 | ||||||||||
Total return(c) | 28.33 | % | 19.12 | % | (39.47 | %) | 36.99 | % | 13.97 | % | ||||||||||
Net assets end of year (000’s) | $ | 283,240 | $ | 201,569 | $ | 199,210 | $ | 96,667 | $ | 47,014 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||
After reimbursement/fee waiver | 1.47 | % | 1.59 | % | 1.41 | % | 1.41 | % | 1.39 | % | ||||||||||
Before reimbursement/fee waiver | 1.47 | % | 1.59 | % | 1.41 | % | 1.41 | % | 1.39 | % | ||||||||||
Net investment income (loss), to average net assets(d) | (0.12 | %) | — | %(q) | 1.18 | % | 0.71 | % | 1.61 | % | ||||||||||
Portfolio turnover rate | 57 | % | 101 | % | 48 | % | 22 | % | 21 | % |
The notes to the financial statements are an integral part of this report. | ||||
Transamerica Funds | Annual Report 2010 |
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For the period or years ended:
Transamerica Small/Mid Cap Value | ||||||||||||||||||||
Class B | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 14.16 | $ | 12.19 | $ | 22.89 | $ | 17.12 | $ | 16.21 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income (loss)(b) | (0.12 | ) | (0.08 | ) | 0.06 | 0.02 | (0.01 | ) | ||||||||||||
Net realized and unrealized gain (loss) on investments | 4.01 | 2.26 | (8.27 | ) | 6.06 | 2.07 | ||||||||||||||
Total from investment operations | 3.89 | 2.18 | (8.21 | ) | 6.08 | 2.06 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | — | (0.21 | ) | — | — | (0.03 | ) | |||||||||||||
Net realized gains on investments | — | — | (2.49 | ) | (0.31 | ) | (1.12 | ) | ||||||||||||
Total distributions | — | (0.21 | ) | (2.49 | ) | (0.31 | ) | (1.15 | ) | |||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 18.05 | $ | 14.16 | $ | 12.19 | $ | 22.89 | $ | 17.12 | ||||||||||
Total return(c) | 27.47 | % | 18.37 | % | (39.85 | %) | 36.09 | % | 13.21 | % | ||||||||||
Net assets end of year (000’s) | $ | 38,355 | $ | 34,573 | $ | 31,716 | $ | 53,285 | $ | 47,007 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||
After reimbursement/fee waiver | 2.12 | % | 2.24 | % | 2.07 | % | 2.07 | % | 2.10 | % | ||||||||||
Before reimbursement/fee waiver | 2.12 | % | 2.24 | % | 2.07 | % | 2.07 | % | 2.10 | % | ||||||||||
Net investment income (loss), to average net assets(d) | (0.74 | %) | (0.66 | %) | 0.34 | % | 0.12 | % | (0.06 | %) | ||||||||||
Portfolio turnover rate | 57 | % | 101 | % | 48 | % | 22 | % | 21 | % |
Transamerica Small/Mid Cap Value | ||||||||||||||||||||||||
Class C | Class I | |||||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | 2010 (e) | ||||||||||||||||||
Net asset value | ||||||||||||||||||||||||
Beginning of period/year | $ | 14.00 | $ | 12.10 | $ | 22.81 | $ | 17.09 | $ | 16.18 | $ | 15.44 | ||||||||||||
Investment operations | ||||||||||||||||||||||||
Net investment income (loss)(b) | (0.12 | ) | (0.08 | ) | 0.09 | 0.02 | — | (k) | (0.02 | ) | ||||||||||||||
Net realized and unrealized gain (loss) on investments | 3.98 | 2.23 | (8.24 | ) | 6.05 | 2.06 | 3.73 | |||||||||||||||||
Total from investment operations | 3.86 | 2.15 | (8.15 | ) | 6.07 | 2.06 | 3.71 | |||||||||||||||||
Distributions | ||||||||||||||||||||||||
Net investment income | — | (0.25 | ) | (0.07 | ) | (0.04 | ) | (0.03 | ) | — | ||||||||||||||
Net realized gains on investments | — | — | (2.49 | ) | (0.31 | ) | (1.12 | ) | — | |||||||||||||||
Total distributions | — | (0.25 | ) | (2.56 | ) | (0.35 | ) | (1.15 | ) | — | ||||||||||||||
Net asset value | ||||||||||||||||||||||||
End of year | $ | 17.86 | $ | 14.00 | $ | 12.10 | $ | 22.81 | $ | 17.09 | $ | 19.15 | ||||||||||||
Total return(c) | 27.57 | % | 18.42 | % | (39.84 | %) | 36.16 | % | 13.23 | % | 24.03 | %(f) | ||||||||||||
Net assets end of year (000’s) | $ | 169,903 | $ | 115,960 | $ | 95,729 | $ | 63,856 | $ | 29,105 | $ | 40,346 | ||||||||||||
Ratio and supplemental data | ||||||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||||||
After reimbursement/fee waiver | 2.07 | % | 2.20 | % | 2.04 | % | 2.04 | % | 2.08 | % | 1.04 | %(g) | ||||||||||||
Before reimbursement/fee waiver | 2.07 | % | 2.20 | % | 2.04 | % | 2.04 | % | 2.08 | % | 1.04 | %(g) | ||||||||||||
Net investment income (loss), to average net assets(d) | (0.73 | %) | (0.63 | %) | 0.52 | % | 0.10 | % | (0.03 | %) | (0.11 | %)(g) | ||||||||||||
Portfolio turnover rate | 57 | % | 101 | % | 48 | % | 22 | % | 21 | % | 57 | %(f) |
The notes to the financial statements are an integral part of this report. | ||||
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For the period or years ended:
Transamerica Small/Mid Cap Value | ||||||||||||||||||||
Class I2(h) | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 (o) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of period/year | $ | 14.82 | $ | 12.81 | $ | 23.91 | $ | 17.87 | $ | 16.84 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.08 | 0.11 | 0.30 | 0.26 | 0.18 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 4.23 | 2.31 | (8.67 | ) | 6.32 | 1.97 | ||||||||||||||
Total from investment operations | 4.31 | 2.42 | (8.37 | ) | 6.58 | 2.15 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | — | (0.41 | ) | (0.24 | ) | (0.23 | ) | — | ||||||||||||
Net realized gains on investments | — | — | (2.49 | ) | (0.31 | ) | (1.12 | ) | ||||||||||||
Total distributions | — | (0.41 | ) | (2.73 | ) | (0.54 | ) | (1.12 | ) | |||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 19.13 | $ | 14.82 | $ | 12.81 | $ | 23.91 | $ | 17.87 | ||||||||||
Total return(c) | 29.00 | % | 19.85 | % | (39.11 | %) | 37.78 | % | 13.30 | %(f) | ||||||||||
Net assets end of year (000’s) | $ | 15,893 | $ | 10,746 | $ | 214,351 | $ | 487,605 | $ | 478,728 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||
After reimbursement/fee waiver | 0.88 | % | 0.91 | % | 0.85 | % | 0.85 | % | 0.86 | %(g) | ||||||||||
Before reimbursement/fee waiver | 0.88 | % | 0.91 | % | 0.85 | % | 0.85 | % | 0.86 | %(g) | ||||||||||
Net investment income, to average net assets(d) | 0.47 | % | 0.89 | % | 1.58 | % | 1.30 | % | 1.05 | %(g) | ||||||||||
Portfolio turnover rate | 57 | % | 101 | % | 48 | % | 22 | % | 21 | %(f) |
Transamerica WMC Diversified Growth(s) | ||||||||||||||||||||
Class A | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 7.54 | $ | 6.85 | $ | 12.07 | $ | 9.83 | $ | 8.87 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment loss(b) | (0.02 | ) | — | (k) | (0.01 | ) | (0.05 | ) | (0.07 | ) | ||||||||||
Net realized and unrealized gain (loss) on investments | 1.38 | 0.69 | (5.21 | ) | 2.29 | 1.11 | ||||||||||||||
Total from investment operations | 1.36 | 0.69 | (5.22 | ) | 2.24 | 1.04 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net realized gains on investments | — | — | — | — | (0.08 | ) | ||||||||||||||
Total distributions | — | — | — | — | (0.08 | ) | ||||||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 8.90 | $ | 7.54 | $ | 6.85 | $ | 12.07 | $ | 9.83 | ||||||||||
Total return(c) | 18.04 | % | 10.07 | % | (43.25 | %) | 22.79 | % | 11.71 | % | ||||||||||
Net assets end of year (000’s) | $ | 303,912 | $ | 292,838 | $ | 300,140 | $ | 532,251 | $ | 500,483 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||
After reimbursement/fee waiver | 1.52 | % | 1.52 | % | 1.39 | % | 1.40 | % | 1.51 | % | ||||||||||
Before reimbursement/fee waiver | 1.56 | % | 1.67 | % | 1.39 | % | 1.40 | % | 1.51 | % | ||||||||||
Net investment income (loss), to average net assets(d) | (0.28 | %) | 0.06 | % | (0.07 | %) | (0.48 | %) | (0.70 | %) | ||||||||||
Portfolio turnover rate | 167 | % | 53 | % | 33 | % | 62 | % | 19 | % |
The notes to the financial statements are an integral part of this report. | ||||
Transamerica Funds | Annual Report 2010 |
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For the period or years ended:
Transamerica WMC Diversified Growth(s) | ||||||||||||||||||||
Class B | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 7.01 | $ | 6.42 | $ | 11.39 | $ | 9.35 | $ | 8.49 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment loss(b) | (0.07 | ) | (0.03 | ) | (0.08 | ) | (0.12 | ) | (0.12 | ) | ||||||||||
Net realized and unrealized gain (loss) on investments | 1.28 | 0.62 | (4.89 | ) | 2.16 | 1.06 | ||||||||||||||
Total from investment operations | 1.21 | 0.59 | (4.97 | ) | 2.04 | 0.94 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net realized gains on investments | — | — | — | — | (0.08 | ) | ||||||||||||||
Total distributions | — | — | — | — | (0.08 | ) | ||||||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 8.22 | $ | 7.01 | $ | 6.42 | $ | 11.39 | $ | 9.35 | ||||||||||
Total return(c) | 17.26 | % | 9.19 | % | (43.63 | %) | 21.82 | % | 11.06 | % | ||||||||||
Net assets end of year (000’s) | $ | 29,958 | $ | 39,699 | $ | 59,479 | $ | 191,007 | $ | 222,144 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||
After reimbursement/fee waiver | 2.17 | % | 2.17 | % | 2.17 | % | 2.17 | % | 2.17 | % | ||||||||||
Before reimbursement/fee waiver | 2.30 | % | 2.50 | % | 2.21 | % | 2.21 | % | 2.34 | % | ||||||||||
Net investment loss, to average net assets(d) | (0.92 | %) | (0.53 | %) | (0.87 | %) | (1.25 | %) | (1.34 | %) | ||||||||||
Portfolio turnover rate | 167 | % | 53 | % | 33 | % | 62 | % | 19 | % |
Transamerica WMC Diversified Growth(s) | ||||||||||||||||||||||||
Class C | Class I | |||||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | 2010 (e) | ||||||||||||||||||
Net asset value | ||||||||||||||||||||||||
Beginning of period/year | $ | 7.04 | $ | 6.44 | $ | 11.42 | $ | 9.37 | $ | 8.50 | $ | 8.12 | ||||||||||||
Investment operations | ||||||||||||||||||||||||
Net investment loss(b) | (0.07 | ) | (0.03 | ) | (0.07 | ) | (0.11 | ) | (0.12 | ) | — | (k) | ||||||||||||
Net realized and unrealized gain (loss) on investments | 1.29 | 0.63 | (4.91 | ) | 2.16 | 1.07 | 1.06 | |||||||||||||||||
Total from investment operations | 1.22 | 0.60 | (4.98 | ) | 2.05 | 0.95 | 1.06 | |||||||||||||||||
Distributions | ||||||||||||||||||||||||
Net investment income | — | — | — | — | — | (0.04 | ) | |||||||||||||||||
Net realized gains on investments | — | — | — | — | (0.08 | ) | — | |||||||||||||||||
Total distributions | — | — | — | — | (0.08 | ) | (0.04 | ) | ||||||||||||||||
Net asset value | ||||||||||||||||||||||||
End of year | $ | 8.26 | $ | 7.04 | $ | 6.44 | $ | 11.42 | $ | 9.37 | $ | 9.14 | ||||||||||||
Total return(c) | 17.33 | % | 9.32 | % | (43.61 | %) | 21.88 | % | 11.16 | % | 13.14 | %(f) | ||||||||||||
Net assets end of year (000’s) | $ | 36,135 | $ | 37,225 | $ | 46,676 | $ | 101,226 | $ | 97,047 | $ | 2,903 | ||||||||||||
Ratio and supplemental data | ||||||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||||||
After reimbursement/fee waiver | 2.17 | % | 2.17 | % | 2.04 | % | 2.07 | % | 2.10 | % | 1.01 | %(g) | ||||||||||||
Before reimbursement/fee waiver | 2.22 | % | 2.32 | % | 2.04 | % | 2.07 | % | 2.10 | % | 1.01 | %(g) | ||||||||||||
Net investment loss, to average net assets(d) | (0.93 | %) | (0.56 | %) | (0.72 | %) | (1.15 | %) | (1.27 | %) | (0.02 | %)(g) | ||||||||||||
Portfolio turnover rate | 167 | % | 53 | % | 33 | % | 62 | % | 19 | % | 167 | %(f) |
The notes to the financial statements are an integral part of this report. | ||||
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For the period or years ended:
Transamerica WMC Diversified Growth(s) | ||||||||||||||||||||||||
Class I2(h) | Class P | |||||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | October 31, | |||||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 (o) | 2010 (l) | ||||||||||||||||||
Net asset value | ||||||||||||||||||||||||
Beginning of period/year | $ | 7.69 | $ | 6.99 | $ | 12.23 | $ | 9.90 | $ | 9.17 | $ | 8.07 | ||||||||||||
Investment operations | ||||||||||||||||||||||||
Net investment income(b) | 0.04 | 0.05 | 0.06 | 0.01 | — | (k) | 0.01 | |||||||||||||||||
Net realized and unrealized gain (loss) on investments | 1.41 | 0.69 | (5.30 | ) | 2.32 | 0.81 | 0.84 | |||||||||||||||||
Total from investment operations | 1.45 | 0.74 | (5.24 | ) | 2.33 | 0.81 | 0.85 | |||||||||||||||||
Distributions | ||||||||||||||||||||||||
Net investment income | (0.04 | ) | (0.04 | ) | — | — | — | (0.04 | ) | |||||||||||||||
Net realized gains on investments | — | — | — | — | (0.08 | ) | — | |||||||||||||||||
Total distributions | (0.04 | ) | (0.04 | ) | — | — | (0.08 | ) | (0.04 | ) | ||||||||||||||
Net asset value | ||||||||||||||||||||||||
End of year | $ | 9.10 | $ | 7.69 | $ | 6.99 | $ | 12.23 | $ | 9.90 | $ | 8.88 | ||||||||||||
Total return(c) | 18.94 | % | 10.73 | % | (42.85 | %) | 23.54 | % | 8.83 | %(f) | 10.56 | %(f) | ||||||||||||
Net assets end of year (000’s) | $ | 425,431 | $ | 637,103 | $ | 500,722 | $ | 888,019 | $ | 714,803 | $ | 264,287 | ||||||||||||
Ratio and supplemental data | ||||||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||||||
After reimbursement/fee waiver | 0.78 | % | 0.82 | %(t) | 0.75 | % | 0.78 | % | 0.81 | %(g) | 1.15 | %(g) | ||||||||||||
Before reimbursement/fee waiver | 0.78 | % | 0.82 | %(t) | 0.75 | % | 0.78 | % | 0.81 | %(g) | 1.23 | %(g) | ||||||||||||
Net investment income, to average net assets(d) | 0.51 | % | 0.72 | % | 0.55 | % | 0.13 | % | 0.02 | %(g) | 0.08 | %(g) | ||||||||||||
Portfolio turnover rate | 167 | % | 53 | % | 33 | % | 62 | % | 19 | %(f) | 167 | %(f) |
Transamerica WMC Diversified Growth(s) | ||||||||||||||||||||
Class T | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 (t) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 21.14 | $ | 19.14 | $ | 33.53 | $ | 27.18 | $ | 27.10 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.06 | 0.10 | 0.12 | — | — | (k) | ||||||||||||||
Net realized and unrealized gain (loss) on investments | 3.92 | 1.90 | (14.51 | ) | 6.35 | 0.08 | ||||||||||||||
Total from investment operations | 3.98 | 2.00 | (14.39 | ) | 6.35 | 0.08 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | — | — | (k) | — | — | — | ||||||||||||||
Total distributions | — | — | (k) | — | — | — | ||||||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 25.12 | $ | 21.14 | $ | 19.14 | $ | 33.53 | $ | 27.18 | ||||||||||
Total return(c) | 18.83 | % | 10.46 | % | (42.92 | %) | 23.36 | % | 0.30 | %(f) | ||||||||||
Net assets end of year (000’s) | $ | 93,290 | $ | 87,469 | $ | 90,881 | $ | 183,495 | $ | 195,420 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | ||||||||||||||||||||
After reimbursement/fee waiver | 0.96 | % | 1.03 | %(t) | 0.89 | % | 0.91 | % | 0.84 | %(g) | ||||||||||
Before reimbursement/fee waiver | 0.96 | % | 1.03 | %(t) | 0.89 | % | 0.91 | % | 0.84 | %(g) | ||||||||||
Net investment income (loss), to average net assets(d) | 0.28 | % | 0.54 | % | 0.42 | % | 0.01 | % | (0.21 | %)(g) | ||||||||||
Portfolio turnover rate | 167 | % | 53 | % | 33 | % | 62 | % | 19 | %(f) |
The notes to the financial statements are an integral part of this report. | ||||
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For the period or years ended:
(a) | Formerly, Transamerica High Yield Bond. | |
(b) | Calculated based on average number of shares outstanding. | |
(c) | Total return has been calculated for the applicable period without deduction of a sales load, if any, on an initial purchase. | |
(d) | Includes Redemption Fees, if any. The impact of Redemption Fees is less than 0.01% for Class A, Class B, Class C, and Class I2, respectively. | |
(e) | Commenced operations November 30, 2009. | |
(f) | Not annualized. | |
(g) | Annualized. | |
(h) | Effective November 30, 2009, all previously existing Class I shares were re-designated as Class I2 Shares. | |
(i) | Commenced operations November 20, 2009. | |
(j) | Includes extraordinary expenses. The impact of the expenses were 0.01% and 0.02% for 2010 and 2009, respectively. | |
(k) | Rounds to less than $(0.01) or $0.01. | |
(l) | Commenced operations November 13, 2009. | |
(m) | Formerly, Transamerica Legg Mason Partners All Cap | |
(n) | Includes extraordinary expenses. The impact of the expenses were 0.02% and 0.05% for 2010 and 2009, respectively. | |
(o) | Commenced operations November 15, 2005. | |
(p) | Transamerica Asset Management, Inc. or any of its affiliates waive fees or reimburse expenses in order to avoid a negative yield. Refer to the notes to the financial statements for details. | |
(q) | Rounds to less than (0.01%) or 0.01%. | |
(r) | Commenced operations November 1, 2007. | |
(s) | Formerly, Transamerica Equity. | |
(t) | Commenced operations October 27, 2006. | |
(u) | Includes extraordinary expenses. The impact of the expenses was 0.01%. | |
(v) | Prior to the fund acquisition (see the notes to the financial statements for additional information), the accounting surviving funds’ Investor Class had a net asset value per share of $18.60. At the point of the acquisition, the Investor Class became Class P with a net asset value of $11.77. | |
(w) | Prior to November 13, 2009, information provided in previous periods reflects Transamerica Premier Diversified Equity, which is the accounting survivor pursuant to a Plan of Reorganization. | |
(x) | Prior to November 13, 2009, information provided in previous periods reflects Transamerica Premier Focus, which is the accounting survivor pursuant to a Plan of Reorganization. |
The notes to the financial statements are an integral part of this report. | ||||
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At October 31, 2010
(all amounts in thousands)
Fund | Class | Commencement Date | ||
Transamerica AEGON High Yield Bond | Class I | 11/30/2009 | ||
Transamerica AEGON High Yield Bond | Class P | 11/20/2009 | ||
Transamerica Balanced | Class I | 11/30/2009 | ||
Transamerica Balanced | Class P | 11/13/2009 | ||
Transamerica Diversified Equity | Class A | 11/13/2009 | ||
Transamerica Diversified Equity | Class B | 11/13/2009 | ||
Transamerica Diversified Equity | Class C | 11/13/2009 | ||
Transamerica Diversified Equity | Class I | 11/30/2009 | ||
Transamerica Diversified Equity | Class I2 | 11/13/2009 | ||
Transamerica Flexible Income | Class I | 11/30/2009 | ||
Transamerica Focus | Class A | 11/13/2009 | ||
Transamerica Focus | Class B | 11/13/2009 | ||
Transamerica Focus | Class C | 11/13/2009 | ||
Transamerica Focus | Class I | 11/30/2009 | ||
Transamerica Growth Opportunities | Class I | 11/30/2009 | ||
Transamerica Growth Opportunities | Class P | 11/13/2009 | ||
Transamerica Money Market | Class I | 11/30/2009 | ||
Transamerica Money Market | Class P | 11/20/2009 | ||
Transamerica Short-Term Bond | Class I | 11/30/2009 | ||
Transamerica Small/Mid Cap Value | Class I | 11/30/2009 | ||
Transamerica WMC Diversified Growth | Class I | 11/30/2009 | ||
Transamerica WMC Diversified Growth | Class P | 11/13/2009 |
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At October 31, 2010
(all amounts in thousands)
Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts in thousands)
Fund | Commissions | |||
Transamerica Balanced | $ | 3 | ||
Transamerica Growth Opportunities | 16 | |||
Transamerica Focus | 5 | |||
Transamerica Small/Mid Cap Value | 14 | |||
Transamerica Diversified Equity | 24 | |||
Transamerica WMC Diversified Growth | 56 |
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At October 31, 2010
(all amounts in thousands)
Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts in thousands)
Market | % of Fund’s | |||||||
Fund Name | Value | Net Assets | ||||||
Transamerica Balanced | ||||||||
Class I | $ | 60 | 0.02 | % | ||||
Transamerica Diversified Equity | ||||||||
Class I | 57 | 0.01 | ||||||
Transamerica Flexible Income | ||||||||
Class C | 404 | 0.16 | ||||||
Transamerica Focus | ||||||||
Class I | 59 | 0.04 | ||||||
Transamerica Growth Opportunities | ||||||||
Class I | 63 | 0.02 | ||||||
Transamerica Money Market | ||||||||
Class I | 50 | 0.02 |
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At October 31, 2010
(all amounts in thousands)
% of Net | ||||||||
Transamerica AEGON High Yield Bond | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 70,182 | 9.93 | % | ||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 99,155 | 14.03 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 109,410 | 15.49 | ||||||
Transamerica Asset Allocation-Conservative VP | 18,110 | 2.56 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 29,412 | 4.16 | ||||||
Transamerica Asset Allocation-Moderate VP | 31,055 | 4.40 | ||||||
Total | $ | 357,324 | 50.57 | % | ||||
% of Net | ||||||||
Transamerica Diversified Equity | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 32,511 | 4.12 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 98,611 | 12.49 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 152,492 | 19.32 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 69,048 | 8.75 | ||||||
Total | $ | 352,662 | 44.68 | % | ||||
% of Net | ||||||||
Transamerica Flexible Income | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 17,446 | 6.75 | % | ||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 23,214 | 8.99 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 52,908 | 20.48 | ||||||
Transamerica Asset Allocation-Conservative VP | 12,309 | 4.76 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 16,544 | 6.40 | ||||||
Transamerica Asset Allocation-Moderate VP | 23,281 | 9.01 | ||||||
Total | $ | 145,702 | 56.39 | % | ||||
% of Net | ||||||||
Transamerica Growth Opportunities | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 10,635 | 3.57 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 15,391 | 5.17 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 41,670 | 14.01 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 38,069 | 12.80 | ||||||
Total | $ | 105,765 | 35.55 | % | ||||
% of Net | ||||||||
Transamerica Money Market | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 5,740 | 2.53 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 60 | 0.03 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 2,196 | 0.97 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 4,540 | 2.00 | ||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 5,091 | 2.24 | ||||||
Total | $ | 17,627 | 7.77 | % | ||||
% of Net | ||||||||
Transamerica Short-Term Bond | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 108,783 | 3.77 | % | ||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 63,058 | 2.18 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 127,204 | 4.40 | ||||||
Transamerica Asset Allocation-Conservative VP | 215,414 | 7.46 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 199,074 | 6.89 | ||||||
Transamerica Asset Allocation-Moderate VP | 252,376 | 8.73 | ||||||
Transamerica International Moderate Growth VP | 25,209 | 0.87 | ||||||
Total | $ | 991,118 | 34.30 | % | ||||
% of Net | ||||||||
Transamerica WMC Diversified Growth | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 35,196 | 3.04 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 107,847 | 9.33 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 164,860 | 14.26 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 99,008 | 8.57 | ||||||
Total | $ | 406,911 | 35.20 | % | ||||
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At October 31, 2010
(all amounts in thousands)
Transamerica AEGON High Yield Bond | ||||
First $400 million | 0.59 | % | ||
Over $400 million up to $750 million | 0.575 | % | ||
Over $750 million | 0.55 | % | ||
Transamerica Balanced (Effective November 13, 2009) | ||||
First $500 million | 0.75 | % | ||
Over $500 million up to $1 billion | 0.65 | % | ||
Over $1 billion | 0.60 | % | ||
Transamerica Balanced (Prior to November 13, 2009) | ||||
First $250 million | 0.80 | % | ||
Over $250 million up to $500 million | 0.75 | % | ||
Over $500 million up to $1.5 billion | 0.70 | % | ||
Over $1.5 billion | 0.625 | % | ||
Transamerica Diversified Equity | ||||
First $500 million | 0.73 | % | ||
Over $500 million up to $2.5 billion | 0.70 | % | ||
Over $2.5 billion | 0.65 | % | ||
Transamerica Flexible Income (Effective February 1, 2010) | ||||
First $250 million | 0.475 | % | ||
Over $250 million up to $350 million | 0.425 | % | ||
Over $350 million | 0.40 | % | ||
Transamerica Flexible Income (Prior to February 1, 2010) | ||||
First $250 million | 0.725 | % | ||
Over $250 million up to $350 million | 0.675 | % | ||
Over $350 million | 0.625 | % | ||
Transamerica Focus | ||||
First $500 million | 0.80 | % | ||
Over $500 million | 0.675 | % | ||
Transamerica Growth Opportunities | ||||
First $250 million | 0.80 | % | ||
Over $250 million up to $500 million | 0.75 | % | ||
Over $500 million | 0.70 | % | ||
Transamerica Money Market | ||||
ANA | 0.40 | % | ||
Transamerica Short-Term Bond (Effective May 1, 2010) | ||||
First $250 million | 0.55 | % | ||
Over $250 million up to $500 million | 0.50 | % | ||
Over $500 million up to $1 billion | 0.475 | % | ||
Over $1 billion | 0.45 | % | ||
Transamerica Short-Term Bond (Prior to May 1, 2010) * | ||||
First $250 million | 0.65 | % | ||
Over $250 million up to $500 million | 0.60 | % | ||
Over $500 million up to $1 billion | 0.575 | % | ||
Over $1 billion | 0.55 | % | ||
Transamerica Small/Mid Cap Value | ||||
First $500 million | 0.80 | % | ||
Over $500 million | 0.75 | % | ||
Transamerica WMC Diversified Growth (Effective November 13, 2009) | ||||
First $500 million | 0.73 | % | ||
Over $500 million up to $2.5 billion | 0.70 | % | ||
Over $2.5 billion | 0.65 | % | ||
Transamerica WMC Diversified Growth (Prior to November 13, 2009) | ||||
First $500 million | 0.75 | % | ||
Over $500 million up to $2.5 billion | 0.70 | % | ||
Over $2.5 billion | 0.65 | % |
Class A, B, C, I, I2, and T | Class P | |||||||
Fund | Expense Limit | Expense Limit^ | ||||||
Transamerica AEGON High Yield Bond ** | 1.24 | % | 0.90 | % | ||||
Transamerica Balanced | 1.45 | 1.10 | ||||||
Transamerica Diversified Equity | 1.17 | 1.15 | ||||||
Transamerica Flexible Income φ + | 1.35 | — | ||||||
Transamerica Focus ** | 1.20 | 1.40 | ||||||
Transamerica Growth Opportunities ** | 1.40 | 1.40 | ||||||
Transamerica Money Market | 0.48 | 0.48 | ||||||
Transamerica Short-Term Bond * + | 0.85 | — | ||||||
Transamerica Small/Mid Cap Value | 1.40 | — | ||||||
Transamerica WMC Diversified Growth ** | 1.17 | 1.15 |
** | The Fund may not recapture any fees waived and/or reimbursed prior to March 1, 2008. | |
φ | Effective March 1, 2010, Transamerica Flexible Income had an expense cap change to 1.35%. Prior to March 1, 2010, the expense cap was 1.50%. | |
^ | Inclusive of 12b-1 fees. | |
* | Prior to May 1, 2010, the Investment Adviser agreed to reduce the Fund Operating Expenses by waiving 0.10% of its investment management fees payable to it by Transamerica Short-Term Bond through March 1, 2011, that are not available for recapture. This waiver was discontinued effective May 1, 2010. | |
+ | The Investment Adviser has contractually agreed, through March 1, 2011, to waive 0.10% of the 0.35% 12b-1 fee on Class A shares that are not available for recapture. |
Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts in thousands)
Reimbursement of | Available for | |||||||
Fund | Class Expenses | Recapture Through | ||||||
Transamerica AEGON High Yield Bond | ||||||||
Fiscal Year 2010: | 10/31/2013 | |||||||
Class P | $ | 50 | ||||||
Transamerica Balanced | ||||||||
Fiscal Year 2010: | 10/31/2013 | |||||||
Class I | 1 | |||||||
Class P | 499 | |||||||
Transamerica Diversified Equity | ||||||||
Fiscal Year 2008: | 10/31/2011 | |||||||
Class P * | 357 | |||||||
Fiscal Year 2009: | 10/31/2012 | |||||||
Class P * | 311 | |||||||
Fiscal Year 2010: | 10/31/2013 | |||||||
Class A | 158 | |||||||
Class B | 23 | |||||||
Class C | 20 | |||||||
Class I | 1 | |||||||
Class P * | 689 | |||||||
Transamerica Growth Opportunities | ||||||||
Fiscal Year 2008: | 10/31/2011 | |||||||
Class A | 31 | |||||||
Class B | 27 | |||||||
Fiscal Year 2009: | 10/31/2012 | |||||||
Class A | 203 | |||||||
Class B | 48 | |||||||
Class C | 22 | |||||||
Fiscal Year 2010: | 10/31/2013 | |||||||
Class A | 123 | |||||||
Class B | 1 | |||||||
Class C | 1 | |||||||
Class I | — | (a) | ||||||
Transamerica Focus | ||||||||
Fiscal Year 2009: | 10/31/2012 | |||||||
Class P ** | 50 | |||||||
Fiscal Year 2010: | 10/31/2013 | |||||||
Class A | 94 | |||||||
Class B | 39 | |||||||
Class C | 7 | |||||||
Class I | 1 | |||||||
Class P ** | 7 | |||||||
Transamerica Money Market | ||||||||
Fiscal Year 2008: | 10/31/2011 | |||||||
Class A | 276 | |||||||
Class B | 71 | |||||||
Class C | 62 | |||||||
Class I2 | 2 | |||||||
Fiscal Year 2009: | 10/31/2012 | |||||||
Class A | 763 | |||||||
Class B | 422 | |||||||
Class C | 552 | |||||||
Class I2 | 30 | |||||||
Fiscal Year 2010: | 10/31/2013 | |||||||
Fund Level | 752 | |||||||
Class A | 876 | |||||||
Class B | 344 | |||||||
Class C | 446 | |||||||
Class I | 1 | |||||||
Class I2 | 1 | |||||||
Class P | 55 | |||||||
Transamerica WMC Diversified Growth | ||||||||
Fiscal Year 2008: | 10/31/2011 | |||||||
Class B | 54 | |||||||
Fiscal Year 2009: | 10/31/2012 | |||||||
Class A | 418 | |||||||
Class B | 145 | |||||||
Class C | 58 | |||||||
Fiscal Year 2010: | 10/31/2013 | |||||||
Class A | 121 | |||||||
Class B | 46 | |||||||
Class C | 18 | |||||||
Class P | 250 |
* | Formerly, Transamerica Premier Diversified Equity, Investor Class. | |
** | Formerly, Transamerica Premier Focus, Investor Class. | |
(a) | Amount rounds to less than $1. |
2010 Amount Waived | 2009 Amount Waived | |||||||||||||||
Fund/Class | 2010 Amount Waived ($) | (Basis Points) | 2009 Amount Waived ($) | (Basis Points) | ||||||||||||
Fund | $ | 700 | 27 | $ | 146 | 5 | ||||||||||
A | 441 | 34 | 305 | 20 | ||||||||||||
B | 263 | 99 | 300 | 72 | ||||||||||||
C | 382 | 99 | 436 | 70 | ||||||||||||
I2 | — | — | 3 | 1 | ||||||||||||
P | — | (a) | — | (b) | ||||||||||||
(a) | Amount rounds to less than $1. | |
(b) | Amount rounds to less than 1 basis point. |
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At October 31, 2010
(all amounts in thousands)
Transamerica AEGON High Yield Bond | ||||
Received by Underwriter | $ | 548 | ||
Retained by Underwriter | 100 | |||
Contingent Deferred Sales Charge | 35 | |||
Transamerica Balanced | ||||
Received by Underwriter | 76 | |||
Retained by Underwriter | 12 | |||
Contingent Deferred Sales Charge | 18 | |||
Transamerica Diversified Equity | ||||
Received by Underwriter | 44 | |||
Retained by Underwriter | 7 | |||
Contingent Deferred Sales Charge | 9 | |||
Transamerica Flexible Income | ||||
Received by Underwriter | 367 | |||
Retained by Underwriter | 69 | |||
Contingent Deferred Sales Charge | 17 | |||
Transamerica Focus | ||||
Received by Underwriter | 34 | |||
Retained by Underwriter | 5 | |||
Contingent Deferred Sales Charge | 18 | |||
Transamerica Growth Opportunities | ||||
Received by Underwriter | 66 | |||
Retained by Underwriter | 10 | |||
Contingent Deferred Sales Charge | 14 | |||
Transamerica Money Market | ||||
Received by Underwriter | — | |||
Retained by Underwriter | — | |||
Contingent Deferred Sales Charge | 109 | |||
Transamerica Short-Term Bond | ||||
Received by Underwriter | 3,358 | |||
Retained by Underwriter | 682 | |||
Contingent Deferred Sales Charge | 464 | |||
Transamerica Small/Mid Cap Value | ||||
Received by Underwriter | 560 | |||
Retained by Underwriter | 84 | |||
Contingent Deferred Sales Charge | 115 | |||
Transamerica WMC Diversified Growth | ||||
Received by Underwriter | 256 | |||
Retained by Underwriter | 39 | |||
Contingent Deferred Sales Charge | 40 |
Fund | Fees Paid to TFS | Due to TFS | ||||||
Transamerica AEGON High Yield Bond | $ | 242 | $ | 30 | ||||
Transamerica Balanced | 949 | 62 | ||||||
Transamerica Diversified Equity | 1,455 | 62 | ||||||
Transamerica Flexible Income | 126 | 12 | ||||||
Transamerica Focus | 421 | 34 | ||||||
Transamerica Growth Opportunities | 728 | 61 | ||||||
Transamerica Money Market | 593 | 46 | ||||||
Transamerica Short-Term Bond | 720 | 89 | ||||||
Transamerica Small/Mid Cap Value | 995 | 83 | ||||||
Transamerica WMC Diversified Growth | 2,259 | 184 |
Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts in thousands)
Purchases of securities: | Proceeds from maturities and sales of securities: | |||||||||||||||
Fund | Long-term | U.S. Government | Long-term | U.S. Government | ||||||||||||
Transamerica AEGON High Yield Bond | $ | 583,788 | $ | — | $ | 523,091 | $ | — | ||||||||
Transamerica Balanced | 466,568 | 27,236 | 317,804 | 30,302 | ||||||||||||
Transamerica Diversified Equity | 956,461 | — | 538,988 | — | ||||||||||||
Transamerica Flexible Income | 305,093 | 38,756 | 250,146 | 40,919 | ||||||||||||
Transamerica Focus | 119,354 | — | 72,781 | — | ||||||||||||
Transamerica Growth Opportunities | 218,075 | — | 187,343 | — | ||||||||||||
Transamerica Money Market | — | — | — | — | ||||||||||||
Transamerica Short-Term Bond | 2,590,304 | 35,225 | 1,144,021 | 37,494 | ||||||||||||
Transamerica Small/Mid Cap Value | 352,724 | — | 258,815 | — | ||||||||||||
Transamerica WMC Diversified Growth | 1,996,619 | — | 2,159,322 | — |
Foreign exchange | ||||
Location | contracts | |||
Liability derivatives | ||||
Unrealized depreciation on forward foreign currency contracts | $ | (3 | ) |
Location | Foreign exchange contracts | |||
Realized Gain / (Loss) on derivatives recognized in income | ||||
Net realized gain (loss) on transactions from forward foreign currency contracts | $(69 | ) | ||
Change in Unrealized Appreciation / (Depreciation) on derivatives recognized in income | ||||
Net increase (decrease) in unrealized appreciation (depreciation) on translation of assets and liabilities denominated in foreign currencies | (14 | ) | ||
Total | $(83 | ) | ||
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At October 31, 2010
(all amounts in thousands)
Location | Interest rate contracts | |
Liability derivatives | ||
Accounts payable and accrued liabilities, Net Assets — Unrealized depreciation | $(1,743)* |
* | Includes cumulative appreciation/depreciation of futures contracts as reported in the Schedule of Investments. Only current day’s variation margin is reported within the Statement of Assets and Liabilities. |
Location | Interest rate contracts | |||
Realized Gain / (Loss) on derivatives recognized in income | ||||
Net realized (loss) on transactions from futures contracts | $(6,977 | ) | ||
Change in Unrealized Appreciation / (Depreciation) on derivatives recognized in income | ||||
Net increase (decrease) in unrealized appreciation (depreciation) on futures contracts | (942 | ) | ||
Total | $(7,919 | ) | ||
Undistributed | ||||||||||||
Shares of beneficial | Undistributed | (accumulated) net realized | ||||||||||
interest, unlimited shares | (accumulated) net | gain (loss) from | ||||||||||
Fund | authorized | investment income (loss) | investment securities | |||||||||
Transamerica AEGON High Yield Bond | $ | 10,582 | — | $ | (10,582 | ) | ||||||
Transamerica Balanced | 47,975 | 125 | (48,100 | ) | ||||||||
Transamerica Diversified Equity | 40,084 | 6 | (40,090 | ) | ||||||||
Transamerica Flexible Income | 34,322 | 613 | (34,935 | ) | ||||||||
Transamerica Focus | 6,364 | 1,238 | (7,602 | ) | ||||||||
Transamerica Growth Opportunities | 20,253 | 400 | (20,653 | ) | ||||||||
Transamerica Short-Term Bond | — | (2,394 | ) | 2,394 | ||||||||
Transamerica Small/Mid Cap Value | (1,637 | ) | 1,636 | 1 | ||||||||
Transamerica WMC Diversified Growth | 315,795 | 1,642 | (317,437 | ) |
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(all amounts in thousands)
Fund | Capital Loss Carryforwards | Available Through | ||||
Transamerica AEGON High Yield Bond | $ | 441 | October 31, 2015 | |||
Transamerica AEGON High Yield Bond | 6,194 | October 31, 2016 | ||||
Transamerica AEGON High Yield Bond | 46,292 | October 31, 2017 | ||||
Transamerica Balanced | 2,419 | October 31, 2015 | ||||
Transamerica Balanced | 2,019 | October 31, 2016 | ||||
Transamerica Balanced | 20,297 | October 31, 2017 | ||||
Transamerica Diversified Equity | 21,679 | October 31, 2016 | ||||
Transamerica Diversified Equity | 34,884 | October 31, 2017 | ||||
Transamerica Flexible Income | 14,199 | October 31, 2015 | ||||
Transamerica Flexible Income | 50,271 | October 31, 2016 | ||||
Transamerica Flexible Income | 20,523 | October 31, 2017 | ||||
Transamerica Focus | 2,379 | October 31, 2016 | ||||
Transamerica Focus | 10,705 | October 31, 2017 | ||||
Transamerica Growth Opportunities | 21,371 | October 31, 2016 | ||||
Transamerica Growth Opportunities | 25,332 | October 31, 2017 | ||||
Transamerica Money Market | 1 | October 31, 2013 | ||||
Transamerica Money Market | 1 | October 31, 2014 | ||||
Transamerica Money Market | — | (a) | October 31, 2015 | |||
Transamerica Money Market | 1 | October 31, 2017 | ||||
Transamerica Small/Mid Cap Value | 59,831 | October 31, 2016 | ||||
Transamerica Small/Mid Cap Value | 101,368 | October 31, 2017 | ||||
Transamerica WMC Diversified Growth | 58,264 | October 31, 2016 | ||||
Transamerica WMC Diversified Growth | 426,686 | October 31, 2017 |
(a) | Amount rounds to less than $1. |
Capital Loss Carryforwards | ||||
Utilized/Expired During the | ||||
Fund | Year Ended October 31, 2010 | |||
Transamerica AEGON High Yield Bond | $ | 38,280 | ||
Transamerica Balanced | 32,893 | |||
Transamerica Flexible Income | 17,289 | |||
Transamerica Diversified Equity | 65,744 | |||
Transamerica Focus | 4,550 | |||
Transamerica Growth Opportunities | 22,328 | |||
Transamerica Short-Term Bond | 14,519 | |||
Transamerica Small/Mid Cap Value | 39,080 | |||
Transamerica WMC Diversified Growth | 185,469 |
2010 Distributions Paid From: | 2009 Distributions Paid From: | |||||||||||||||||||||||
Ordinary | Long-term | Ordinary | Long-term | |||||||||||||||||||||
Income | Capital Gain | Return of Capital | Income | Capital Gain | Return of Capital | |||||||||||||||||||
Transamerica AEGON High Yield Bond | $ | 48,900 | $ | — | $ | — | $ | 45,747 | $ | — | $ | — | ||||||||||||
Transamerica Balanced | 9,357 | — | — | 1,491 | 6,058 | — | ||||||||||||||||||
Transamerica Diversified Equity | 1,673 | — | — | — | — | — | ||||||||||||||||||
Transamerica Flexible Income | 15,799 | — | — | 8,950 | — | — | ||||||||||||||||||
Transamerica Focus | 178 | — | — | 595 | — | — | ||||||||||||||||||
Transamerica Money Market | 15 | — | — | 517 | — | — | ||||||||||||||||||
Transamerica Short-Term Bond | 89,330 | — | — | 39,002 | — | — | ||||||||||||||||||
Transamerica Small/Mid Cap Value | — | — | — | 8,016 | — | — | ||||||||||||||||||
Transamerica WMC Diversified Growth | 5,886 | — | — | 2,955 | — | — |
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(all amounts in thousands)
Undistributed | Other | Net Unrealized | ||||||||||||||||||
Undistributed | Long-term | Capital Loss | Temporary | Appreciation | ||||||||||||||||
Fund | Ordinary Income | Capital Gain | Carryforward | Differences | (Depreciation)* | |||||||||||||||
Transamerica AEGON High Yield Bond | $ | 1,794 | $ | — | (a) | $ | (52,927 | ) | $ | (97 | ) | $ | 43,717 | |||||||
Transamerica Balanced | 326 | — | (24,735 | ) | — | 61,346 | ||||||||||||||
Transamerica Diversified Equity | 10,396 | — | (56,563 | ) | — | 109,055 | ||||||||||||||
Transamerica Flexible Income | 749 | — | (84,993 | ) | — | 15,557 | ||||||||||||||
Transamerica Focus | — | — | (13,084 | ) | — | 35,275 | ||||||||||||||
Transamerica Growth Opportunities | — | — | (46,703 | ) | — | 72,222 | ||||||||||||||
Transamerica Money Market | 3 | — | (3 | ) | — | — | ||||||||||||||
Transamerica Short-Term Bond | 2,329 | 6,442 | — | (4,515 | ) | 81,784 | ||||||||||||||
Transamerica Small/Mid Cap Value | — | — | (161,199 | ) | — | 111,609 | ||||||||||||||
Transamerica WMC Diversified Growth | — | — | (484,950 | ) | — | 126,977 |
(a) | Amount rounds to less than $1. | |
* | Amounts include unrealized gain/loss from wash sales, foreign currency, securities sold short, and derivative instruments, if applicable. |
Classes | Shares | Amount | ||||||
I2 | 4,928 | $ | 42,041 | |||||
P | 6,070 | 51,472 |
Classes | Exchange Ratio | |||
I2 | 0.77 | |||
P | 0.78 |
Net investment income | $ | 48,578 | ||
Net realized and unrealized gain | 55,331 | |||
Net increase in net assets resulting from operations | 103,909 |
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Classes | Shares | Amount | ||||||
A | 1,014 | $ | 18,932 | |||||
B | 207 | 3,855 | ||||||
C | 289 | 5,342 |
Class | Shares | Amount | ||||||
P | 15,093 | $ | 281,788 |
Classes | Exchange Ratio | |||
A | 0.54 | |||
B | 0.54 | |||
C | 0.54 |
Transamerica Premier Balanced Fund |
Class | Exchange Ratio | |||
P | 1.11 |
Net investment income | $ | 9,768 | ||
Net realized and unrealized gain | 66,502 | |||
Net increase in net assets resulting from operations | 76,270 |
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At October 31, 2010
(all amounts in thousands)
Classes | Shares | Amount | ||||||
A | 500 | $ | 6,423 | |||||
B | 131 | 1,678 | ||||||
C | 128 | 1,647 | ||||||
I2 | 4,796 | 61,663 |
Classes | Shares | Amount | ||||||
A | 6,267 | $ | 80,558 | |||||
B | 654 | 8,412 | ||||||
C | 1,138 | 14,625 |
Class | Shares | Amount | ||||||
P | 21,531 | $ | 276,775 |
Class | Shares | Amount | ||||||
I2 | 165 | $ | 2,115 |
Classes | Exchange Ratio | |||
A | 0.30 | |||
B | 0.28 | |||
C | 0.28 | |||
I2 | 0.31 |
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At October 31, 2010
(all amounts in thousands)
Classes | Exchange Ratio | |||
A | 1.84 | |||
B | 1.74 | |||
C | 1.72 |
Class | Exchange Ratio | |||
P | 1.00 |
Class | Exchange Ratio | |||
I2 | 0.76 |
Net investment income | $ | 11,471 | ||
Net realized and unrealized gain | 98,761 | |||
Net increase in net assets resulting from operations | 110,232 |
Class | Shares | Amount | ||||||
A | 1,554 | $ | 13,041 | |||||
B | 294 | 2,469 | ||||||
C | 717 | 5,997 | ||||||
I2 | 6,372 | 53,655 |
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(all amounts in thousands)
Classes | Exchange Ratio | |||
A | 1.05 | |||
B | 1.04 | |||
C | 1.04 | |||
I2 | 1.05 |
Net investment income | $ | 14,761 | ||
Net realized and unrealized gain | 23,352 | |||
Net increase in net assets resulting from operations | 38,113 |
Class | Shares | Amount | ||||||
P | 5,802 | $ | 68,302 |
Class | Shares | Amount | ||||||
A | 3,369 | $ | 39,661 | |||||
B | 1,700 | 18,628 | ||||||
C | 1,275 | 13,950 |
Class | Exchange Ratio | |||
P | 1.58 |
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At October 31, 2010
(all amounts in thousands)
Class | Exchange Ratio | |||
A | 1.00 | |||
B | 1.00 | |||
C | 1.00 |
Net investment loss | $ | (1,091 | ) | |
Net realized and unrealized gain | 31,363 | |||
Net increase in net assets resulting from operations | 30,272 |
Class | Shares | Amount | ||||||
P | 12,010 | $ | 96,199 |
Class | Exchange Ratio | |||
P | 2.68 |
Net investment loss | $ | (385 | ) | |
Net realized and unrealized gain | 79,972 | |||
Net increase in net assets resulting from operations | 79,587 |
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At October 31, 2010
(all amounts in thousands)
Class | Shares | Amount | ||||||
P | 43,668 | $ | 43,668 |
Class | Exchange Ratio | |||
P | 1.00 |
Net investment income | $ | 12 | ||
Net realized and unrealized gain | 1 | |||
Net increase in net assets resulting from operations | 13 |
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At October 31, 2010
(all amounts in thousands)
Class | Shares | Amount | ||||||
P | 56,955 | $ | 459,628 |
Class | Shares | Amount | ||||||
I2 | 9,765 | $ | 80,466 |
Class | Exchange Ratio | |||
P | 2.20 |
Class | Exchange Ratio | |||
I2 | 1.15 |
Net investment income | $ | 1,405 | ||
Net realized and unrealized gain | 260,518 | |||
Net increase in net assets resulting from operations | 261,923 |
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December 23, 2010
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(FORMERLY TRANSAMERICA HIGH YIELD BOND)
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(FORMERLY TRANSAMERICA HIGH YIELD BOND)
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(FORMERLY TRANSAMERICA LEGG MASON PARTNERS ALL CAP)
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(FORMERLY TRANSAMERICA LEGG MASON PARTNERS ALL CAP)
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(FORMERLY TRANSAMERICA EQUITY)
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(FORMERLY TRANSAMERICA EQUITY)
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Qualified Dividend | ||||
Fund | Income (000’s) | |||
Transamerica AEGON High Yield Bond | $ | 97 | ||
Transamerica Balanced | 5,671 | |||
Transamerica Diversified Equity | 38 | |||
Transamerica Flexible Income | 237 | |||
Transamerica Focus | 246 | |||
Transamerica WMC Diversified Growth | 3,552 |
Dividend Received | ||||
Fund | Deduction Percentage | |||
Transamerica AEGON High Yield Bond | 0.21 | % | ||
Transamerica Balanced | 52.96 | |||
Transamerica Diversified Equity | 100.00 | |||
Transamerica Flexible Income | 1.69 | |||
Transamerica Focus | 100.00 | |||
Transamerica WMC Diversified Growth | 100.00 |
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Management of the Funds
(unaudited)
Number of | ||||||||||||
Funds in | ||||||||||||
Term of | Complex | |||||||||||
Office and | Overseen | |||||||||||
Position(s) Held | Length of | Principal Occupation(s) During | by Board | Other | ||||||||
Name and Age | with Trust | Time Served* | Past 5 Years | Member | Directorships | |||||||
INTERESTED BOARD MEMBER** | ||||||||||||
John K. Carter (1961) | Chairman, Board Member, President, and Chief Executive Officer | Since 1999 | Chairman and Board Member (2008 — 2010), President (2007 — 2010), Chief Executive Officer (2006 — 2010), Vice President, Secretary and Chief Compliance Officer (2003 — 2006), Transamerica Investors, Inc. (“TII”); | 152 | N/A | |||||||
Chairman, Board Member, President and Chief Executive Officer, TPP, TPFG, TPFG II and TAAVF (2007 — present); | ||||||||||||
Chairman (2007 — present), Board Member (2006 — present), President and Chief Executive Officer (2006 — present), Senior Vice President (1999 — 2006), Chief Compliance Officer, General Counsel and Secretary (1999 — 2006), Transamerica Funds and TST; | ||||||||||||
Chairman (2007 — present), Board Member (2006 — present), President and Chief Executive Officer (2006 — present), Senior Vice President (2002 — 2006), General Counsel, Secretary and Chief Compliance Officer (2002 — 2006), TIS; | ||||||||||||
Chairman, President and Chief Executive Officer (2006 — present), Director (2002 — present), Senior Vice President (1999 — 2006), General Counsel and Secretary (2000 — 2006), Chief Compliance Officer (2004 — 2006), TAM; | ||||||||||||
Chairman, President and Chief Executive Officer (2006 — present), Senior Vice President (1999 — 2006), Director (2002 — present), General Counsel and Secretary (2001 — 2006), Transamerica Fund Services, Inc. (“TFS”); |
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Number of | ||||||||||||
Funds in | ||||||||||||
Term of | Complex | |||||||||||
Office and | Overseen | |||||||||||
Position(s) Held | Length of | Principal Occupation(s) During | by Board | Other | ||||||||
Name and Age | with Trust | Time Served* | Past 5 Years | Member | Directorships | |||||||
Vice President, AFSG Securities Corporation (2001 —present); | ||||||||||||
Senior Vice President, General Counsel and Secretary, Transamerica Index Funds, Inc. (“TIF”) (2002 — 2004); and | ||||||||||||
Director, (2008 — present), Vice President, Transamerica Investment Services, Inc. (“TISI”) (2003 — 2005) and Transamerica Investment Management, LLC (“TIM”) (2001 — 2005). | ||||||||||||
INDEPENDENT BOARD MEMBERS*** | ||||||||||||
Sandra N. Bane (1952) | Board Member | Since 2008 | Retired (1999 — present); Partner, KPMG (1975 — 1999); Board Member, TII (2003 — 2010); and Board Member, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (2008 — present). | 152 | Big 5 Sporting Goods (2002 — present); AGL Resources, Inc. (energy services holding company) (2008 — present) | |||||||
Leo J. Hill (1956) | Lead Independent Board Member | Since 2002 | Principal, Advisor Network Solutions, LLC (business consulting) (2006 — present); Board Member, TST (2001 — present); | 152 | N/A | |||||||
Board Member, Transamerica Funds and TIS (2002 — present); | ||||||||||||
Board Member, TPP, TPFG, TPFG II and TAAVF (2007 — present); | ||||||||||||
Board Member, TII (2008 — 2010); | ||||||||||||
President, L. J. Hill & Company (a holding company for privately-held assets) (1999 — present); | ||||||||||||
Market President, Nations Bank of Sun Coast Florida (1998 — 1999); | ||||||||||||
Chairman, President and Chief Executive Officer, Barnett Banks of Treasure Coast Florida (1994 — 1998); | ||||||||||||
Executive Vice President and Senior Credit Officer, Barnett Banks of Jacksonville, Florida (1991 — 1994); and | ||||||||||||
Senior Vice President and Senior Loan Administration Officer, Wachovia Bank of Georgia (1976 — 1991). |
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Number of | ||||||||||||
Funds in | ||||||||||||
Term of | Complex | |||||||||||
Office and | Overseen | |||||||||||
Position(s) Held | Length of | Principal Occupation(s) During | by Board | Other | ||||||||
Name and Age | with Trust | Time Served* | Past 5 Years | Member | Directorships | |||||||
David W. Jennings (1946) | Board Member | Since 2009 | Board Member, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (2009 — present); | 152 | N/A | |||||||
Board Member, TII (2009 — 2010); | ||||||||||||
Principal, Maxam Capital Management, LLC (2006 — 2008); and | ||||||||||||
Principal, Cobble Creek Management LP (2004 — 2006). | ||||||||||||
Russell A. Kimball, Jr. (1944) | Board Member | 1986 — 1990 and Since 2002 | General Manager, Sheraton Sand Key Resort (1975 — present); Board Member, TST (1986 — present); | 152 | N/A | |||||||
Board Member, Transamerica Funds, (1986 — 1990), (2002 — present); | ||||||||||||
Board Member, TIS (2002 — present); | ||||||||||||
Board Member, TPP, TPFG, TPFG II and TAAVF (2007 — present); and | ||||||||||||
Board Member, TII (2008 — 2010). | ||||||||||||
Eugene M. Mannella (1954) | Board Member | Since 2007 | Chief Executive Officer, HedgeServ Corporation (hedge fund administration) (2008 — present); | 152 | N/A | |||||||
Self-employed consultant (2006 — present); | ||||||||||||
President, ARAPAHO Partners LLC (limited purpose broker-dealer) (1998 — 2008); | ||||||||||||
Board Member, TPP, TPFG, TPFG II and TAAVF (1993 — present); | ||||||||||||
Board Member, Transamerica Funds, TST and TIS (2007 — present); | ||||||||||||
Board Member, TII (2008 — 2010); and | ||||||||||||
President, International Fund Services (alternative asset administration) (1993 — 2005). |
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Number of | ||||||||||||
Funds in | ||||||||||||
Term of | Complex | |||||||||||
Office and | Overseen | |||||||||||
Position(s) Held | Length of | Principal Occupation(s) During | by Board | Other | ||||||||
Name and Age | with Trust | Time Served* | Past 5 Years | Member | Directorships | |||||||
Norman R. Nielsen, Ph.D. (1939) | Board Member | Since 2006 | Retired (2005 — present); Board Member, Transamerica Funds, TST and TIS (2006 — present); Board Member, TPP, TPFG, TPFG II and TAAVF (2007 — present); | 152 | Buena Vista University Board of Trustees (2004 — present) | |||||||
Board Member, TII (2008 — 2010); | ||||||||||||
Director, Iowa Student Loan Service Corporation (2006 — present); | ||||||||||||
Director, League for Innovation in the Community Colleges (1985 — 2005); Director, Iowa Health Systems (1994 — 2003); | ||||||||||||
Director, U.S. Bank (1985 — 2006); and President, Kirkwood Community College (1985 — 2005). | ||||||||||||
Joyce G. Norden (1939) | Board Member | Since 2007 | Retired (2004 — present); Board Member, TPFG, TPFG II and TAAVF (1993 — present); Board Member, TPP (2002 — present); Board Member, Transamerica Funds, TST and TIS (2007 — present); | 152 | Board of Governors, Reconstruction -ist Rabbinical College (2007 — present) | |||||||
Board Member, TII (2008 — 2010); and Vice President, Institutional Advancement, Reconstructionist Rabbinical College (1996 — 2004). | ||||||||||||
Patricia L. Sawyer (1950) | Board Member | Since 2007 | Retired (2007 — present); President/Founder, Smith & Sawyer LLC (management consulting) (1989 — 2007); Board Member, Transamerica Funds, TST and TIS (2007 — present); Board Member, TII (2008 — 2010); | 152 | Honorary Trustee, Bryant University (1996 — present) | |||||||
Board Member, TPP, TPFG, TPFG II and TAAVF (1993 — present); | ||||||||||||
Trustee, Chair of Finance Committee and Chair of Nominating Committee (1987 — 1996), Bryant University; | ||||||||||||
Vice President, American Express (1987 — 1989); | ||||||||||||
Vice President, The Equitable (1986 — 1987); and | ||||||||||||
Strategy Consultant, Booz, Allen & Hamilton (1982 — 1986). |
Transamerica Funds | Annual Report 2010 |
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Number of | ||||||||||||
Funds in | ||||||||||||
Term of | Complex | |||||||||||
Office and | Overseen | |||||||||||
Position(s) Held | Length of | Principal Occupation(s) During | by Board | Other | ||||||||
Name and Age | with Trust | Time Served* | Past 5 Years | Member | Directorships | |||||||
John W. Waechter (1952) | Board Member | Since 2005 | Attorney, Englander & Fischer, P.A. (2008 — present); Retired (2004 — 2008); Board Member, TST and TIS (2004 — present); Board Member, Transamerica Funds (2005 — present); Board Member, TPP, TPFG, TPFG II and TAAVF (2007 — present); | 152 | Operation PAR, Inc. (2008 — present); West Central Florida Council — Boy Scouts of America (2008 — present) | |||||||
Board Member, TII (2008 — 2010); | ||||||||||||
Employee, RBC Dain Rauscher (securities dealer) (2004); | ||||||||||||
Executive Vice President, Chief Financial Officer and Chief Compliance Officer, William R. Hough & Co. (securities dealer) (1979 — 2004); and | ||||||||||||
Treasurer, The Hough Group of Funds (1993 — 2004). |
* | Each Board Member shall hold office until: 1) his or her successor is elected and qualified or 2) he or she resigns, retires or his or her term as a Board Member is terminated in accordance with the Trust’s Declaration of Trust. | |
** | May be deemed an “interested person” (as that term is defined in the 1940 Act) of the Trust because of his employment with TAM or an affiliate of TAM. | |
*** | Independent Board Member means a Board Member who is not an “interested person” (as defined under the 1940 Act) of the Trust. |
Transamerica Funds | Annual Report 2010 |
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Term of | ||||||
Office and | ||||||
Length of | Principal Occupation(s) or | |||||
Name and Age | Position | Time Served* | Employment During Past 5 Years | |||
John K. Carter (1961) | Chairman, Board Member, President, and Chief Executive Officer | Since 1999 | See the table above. | |||
Dennis P. Gallagher (1970) | Vice President, General Counsel and Secretary | Since 2006 | Vice President, General Counsel and Secretary, Transamerica Funds, TST and TIS (2006 — present); Vice President, General Counsel and Secretary, TII, (2006 — 2010); | |||
Vice President, General Counsel and Secretary, TPP, TPFG, TPFG II and TAAVF (2007 — present); | ||||||
Director, Senior Vice President, General Counsel, Operations, and Secretary, TAM and TFS (2006 — present); | ||||||
Assistant Vice President, TCI (2007 — present); Director, Deutsche Asset Management (1998 — 2006); and | ||||||
Corporate Associate, Ropes & Gray LLP (1995 — 1998). | ||||||
Robert A. DeVault, Jr. (1965) | Vice President, Treasurer and Principal Financial Officer | Since 2009 | Vice President, Treasurer and Principal Financial Officer, (March 2010 — present), Assistant Treasurer, (2009 — 2010), Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF; Vice President (March 2010 — present), Assistant Vice President (2007 — 2010) and Manager, Fund Administration, (2002 — 2007), TFS; and | |||
Vice President (March 2010 — present), TAM. | ||||||
Christopher A. Staples (1970) | Vice President and Chief Investment Officer | Since 2005 | Vice President and Chief Investment Officer (2007 — 2010); Vice President — Investment Administration (2005 — 2007), TII; Vice President and Chief Investment Officer (2007 — present), Senior Vice President — Investment Management (2006 — 2007), Vice President — Investment Management (2005 — 2006), Transamerica Funds, TST and TIS; | |||
Vice President and Chief Investment Officer, TPP, TPFG, TPFG II and TAAVF (2007 — present); | ||||||
Director (2005 — present), Senior Vice President — Investment Management (2006 — present) and Chief Investment Officer (2007 — present), TAM; Director, TFS (2005 — present); and | ||||||
Assistant Vice President, Raymond James & Associates (1999 — 2004). |
Transamerica Funds | Annual Report 2010 |
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Term of | ||||||
Office and | ||||||
Length of | Principal Occupation(s) or | |||||
Name and Age | Position | Time Served* | Employment During Past 5 Years | |||
Robert S. Lamont, Jr. (1973) | Vice President, Chief Compliance Officer and Conflicts of Interest Officer | Since 2010 | Vice President, Chief Compliance Officer and Conflicts of Interest Officer, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (February 2010 — present); Vice President and Senior Counsel, TAM and TFS (2007 — present); | |||
Senior Counsel, United States Securities and Exchange Commission (2004 — 2007); and | ||||||
Associate, Dechert, LLP (1999 — 2004). | ||||||
Bradley O. Ackerman (1966) | Anti-Money Laundering Officer | Since 2007 | Anti-Money Laundering Officer, TPP, TPFG, TPFG II and TAAVF (2009 — present); | |||
Anti-Money Laundering Officer, Transamerica Funds (2007 — present); | ||||||
Senior Compliance Officer, TAM (2007 — present); and | ||||||
Director, Institutional Services, Rydex Investments (2002 — 2007). | ||||||
Sarah L. Bertrand (1967) | Assistant Secretary | Since 2009 | Assistant Secretary, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (2009 — present); | |||
Assistant Secretary, TII (2009 — 2010); | ||||||
Assistant Vice President and Director, Legal Administration, TAM and TFS (2007 — present); | ||||||
Assistant Secretary and Chief Compliance Officer, 40|86 Series Trust and 40|86 Strategic Income Fund (2000 — 2007); and | ||||||
Second Vice President and Assistant Secretary, Legal and Compliance, 40|86 Capital Management, Inc. (1994 — 2007). | ||||||
Timothy J. Bresnahan (1968) | Assistant Secretary | Since 2009 | Assistant Secretary, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (2009 — present); | |||
Assistant Secretary, TII (2009 — 2010); | ||||||
Counsel, TAM (2008 — present); | ||||||
Counsel (contract), Massachusetts Financial Services, Inc. (2007); | ||||||
Assistant Counsel, BISYS Fund Services Ohio, Inc. (2005 — 2007); and | ||||||
Associate, Greenberg Traurig, P.A. (2004 — 2005). |
Transamerica Funds | Annual Report 2010 |
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Term of | ||||||
Office and | ||||||
Length of | Principal Occupation(s) or | |||||
Name and Age | Position | Time Served* | Employment During Past 5 Years | |||
Margaret A. Cullem-Fiore (1957) | Assistant Secretary | Since 2010 | Assistant Secretary, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (April 2010 — present); Assistant Vice President, TCI (2009 — present); | |||
Vice President and Senior Counsel, TAM and TFS (2006 — present); | ||||||
Vice President and Senior Counsel, Transamerica Financial Advisors, Inc. (2004 — 2007); and | ||||||
Vice President and Senior Counsel, Western Reserve Life Assurance Co. of Ohio (2006). | ||||||
Richard E. Shield, Jr. (1974) | Tax Officer | Since 2008 | Tax Officer, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (2008 — present); | |||
Tax Officer, TII (2008 — 2010); | ||||||
Tax Manager, Jeffrey P. McClanathan, CPA (2006 — 2007) and Gregory, Sharer & Stuart (2005 — 2006); | ||||||
Tax Senior, Kirkland, Russ, Murphy & Tapp, P.A. (2003 — 2005); and | ||||||
Certified Public Accountant, Schultz, Chaipel & Co., LLP (1998 — 2003). | ||||||
Elizabeth Strouse (1974) | Assistant Treasurer | Since 2010 | Assistant Treasurer, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (April 2010 — present); | |||
Director, Fund Financial Services (2009 - present), TFS; | ||||||
Director, Fund Administration, TIAA-CREF (2007 — 2009); and | ||||||
Manager (2006 — 2007) and Senior (2003 — 2006) Accounting and Assurance, PricewaterhouseCoopers, LLC. |
* | Elected and serves at the pleasure of the Board of the Trust. |
Transamerica Funds | Annual Report 2010 |
Page 134
Table of Contents
(unaudited)
Transamerica Funds | Annual Report 2010 |
Page 135
Table of Contents
• | Information we receive from you on applications or other forms, such as your name, address, and account number; |
• | Information about your transactions with us, our affiliates, or others, such as your account balance and purchase/redemption history; and |
• | Information we receive from non-affiliated third parties, including consumer reporting agencies. |
Transamerica Funds | Annual Report 2010 |
Page 136
Table of Contents
Clearwater, FL 33758-9012
P.O. Box 9012 • Clearwater, FL 33758-9012
Distributor: Transamerica Capital, Inc.
Table of Contents
P.O. Box 9012 • Clearwater, FL 33758-9012
Distributor: Transamerica Capital, Inc.
Table of Contents
Sincerely, | ||
John K. Carter | Christopher A. Staples | |
Chairman of the Board, | Vice President & Chief Investment Officer | |
President & Chief Executive Officer | Transamerica Funds | |
Transamerica Funds |
Table of Contents
(unaudited)
Kevin F. Simms, CPA
Henry S. D’Auria, CFA
Eric J. Franco, CFA
AllianceBernstein L.P.
Transamerica Funds | Annual Report 2010 |
Page 1
Table of Contents
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 5.61 | % | (0.55 | )% | 12/06/2005 | |||||||
MSCI-EAFE* | 8.82 | % | 2.94 | % | 12/06/2005 |
* | The Morgan Stanley Capital International-Europe, Australasia, Far East Index (“MSCI-EAFE”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 2
Table of Contents
(unaudited)
Dan Chamby
Romualdo Roldan
BlackRock Investment Management, LLC
Transamerica Funds | Annual Report 2010 |
Page 3
Table of Contents
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 11.40 | % | 7.05 | % | 12/06/2005 | |||||||
FTSE World * | 13.92 | % | 3.08 | % | 12/06/2005 |
* | The Financial Times Stock Exchange World Index (“FTSE World”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 4
Table of Contents
(unaudited)
Daniel Hanson, CFA
Peter Stournaras, CFA
BlackRock Investment Management, LLC
Transamerica Funds | Annual Report 2010 |
Page 5
Table of Contents
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 8.16 | % | (1.77 | )% | 11/15/2005 | |||||||
Russell 1000® Value* | 15.71 | % | 0.23 | % | 11/15/2005 |
* | The Russell 1000® Value Index (“Russell 1000® Value”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 6
Table of Contents
(unaudited)
Oliver E. Buckley
Langton C. Garvin, CFA
Mellon Capital Management Corporation
Transamerica Funds | Annual Report 2010 |
Page 7
Table of Contents
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | (1.30 | )% | (2.87 | )% | 01/03/2007 | |||||||
BofA Merrill Lynch 3-Month Treasury Bill * | 3.16 | % | 1.90 | % | 01/03/2007 |
* | The Bank of America Merrill Lynch 3-Month Treasury Bill + 3% Wrap Fee Index (“BofA Merrill Lynch 3-Month Treasury Bill”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 8
Table of Contents
(unaudited)
Dana L. Meissner, CFA
Federated Equity Management Company of Pennsylvania
Transamerica Funds | Annual Report 2010 |
Page 9
Table of Contents
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | (2.11 | )% | 0.26 | % | 12/06/2005 | |||||||
Russell 3000® Value * | 16.40 | % | (0.16 | )% | 12/06/2005 | |||||||
BofA Merrill Lynch 3-Month Treasury Bill * | 0.12 | % | 2.53 | % | 12/06/2005 |
* | The Russell 3000® Value Index (“Russell 3000® Value”) and the Bank of America Merrill Lynch 3-Month Treasury Bill Index (“BofA Merrill Lynch 3-Month Treasury Bill”) are unmanaged indices used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 10
Table of Contents
(formerly, Transamerica UBS Dynamic Alpha)
(unaudited)
Dori Levanoni
Chuck Fannin, CFA
First Quadrant, L.P.
Transamerica Funds | Annual Report 2010 |
Page 11
Table of Contents
(formerly, Transamerica UBS Dynamic Alpha)
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 0.66 | % | (2.10 | )% | 01/03/2007 | |||||||
Citigroup 1-Month Treasury Bill* | 0.11 | % | 1.58 | % | 01/03/2007 | |||||||
Consumer Price Index* | 1.17 | % | 2.12 | % | 01/03/2007 |
* | Prior to November 1, 2009, the Consumer Price Index served as the primary benchmark for the fund, at which time, it was replaced with the Citigroup 1-Month Treasury Bill Index (“Citigroup 1-Month Treasury Bill“). The Citigroup 1-Month Treasury Bill and the Consumer Price Index are unmanaged indices used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 12
Table of Contents
(unaudited)
J.P. Morgan Investment Management Inc.
Transamerica Funds | Annual Report 2010 |
Page 13
Table of Contents
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 8.16 | % | 7.11 | % | 07/01/2009 | |||||||
Barclays Capital U.S. Aggregate Bond* | 8.01 | % | 9.29 | % | 07/01/2009 |
* | The Barclays Capital U.S. Aggregate Bond Index (“Barclays Capital U.S. Aggregate Bond”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 14
Table of Contents
(unaudited)
J.P. Morgan Investment Management Inc.
Transamerica Funds | Annual Report 2010 |
Page 15
Table of Contents
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 8.54 | % | 8.41 | % | 12/06/2005 | |||||||
JPMorgan Gov Bond ex US unhedged* | 8.00 | % | 9.27 | % | 12/06/2005 |
* | The JPMorgan Government Bond Index ex-U.S. unhedged (“JPMorgan Gov Bond ex US unhedged”) is an unmanaged index used as a general measure of market performance. Calculations assumed dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 16
Table of Contents
(unaudited)
Lawrence Playford, CFA, CPA
Jonathan K.L. Simon
J.P. Morgan Investment Management Inc.
Transamerica Funds | Annual Report 2010 |
Page 17
Table of Contents
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 25.08 | % | 3.69 | % | 11/15/2005 | |||||||
Russell Midcap® Value * | 27.49 | % | 3.05 | % | 11/15/2005 |
* | The Russell Midcap® Value Index (“Russell Midcap® Value“) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 18
Table of Contents
(unaudited)
Matthew J. Eagan, CFA
Daniel J. Fuss, CFA, CIC
Elaine M. Stokes
Loomis, Sayles & Company, L.P.
Transamerica Funds | Annual Report 2010 |
Page 19
Table of Contents
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 18.69 | % | 8.95 | % | 01/03/2007 | |||||||
Barclays Capital U.S. Government/Credit Bond* | 8.48 | % | 6.86 | % | 01/03/2007 |
* | The Barclays Capital U.S. Government/Credit Bond Index (“Barclays Capital U.S. Government/Credit Bond”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 20
Table of Contents
(formerly, Transamerica Van Kampen Emerging Markets Debt)
(unaudited)
Federico L. Kaune
Morgan Stanley Investment Management Inc.
Transamerica Funds | Annual Report 2010 |
Page 21
Table of Contents
(formerly, Transamerica Van Kampen Emerging Markets Debt)
(unaudited)
10 Years or | ||||||||||||||||
1 Year | 5 Years | Life of Fund | Inception Date | |||||||||||||
Class I2 (NAV) | 17.16 | % | 8.99 | % | 9.08 | % | 11/08/2004 | |||||||||
JPMorgan Emerging Markets Bond Global* | 17.72 | % | 9.87 | % | 10.01 | % | 11/08/2004 |
* | The JPMorgan Emerging Markets Bond Index Global (“JPMorgan Emerging Markets Bond Global”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 22
Table of Contents
(formerly, Transamerica Van Kampen Mid-Cap Growth)
(unaudited)
David S. Cohen
Sam G. Chainani
Alexander T. Norton
Jason C. Yeung
Armistead B. Nash
Morgan Stanley Investment Management Inc.
Transamerica Funds | Annual Report 2010 |
Page 23
Table of Contents
(formerly, Transamerica Van Kampen Mid-Cap Growth)
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 36.64 | % | 7.28 | % | 01/03/2006 | |||||||
Russell Midcap® Growth* | 28.03 | % | 3.06 | % | 01/03/2006 |
* | The Russell Midcap® Growth Index (“Russell Midcap® Growth”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 24
Table of Contents
(formerly, Transamerica Van Kampen Small Company Growth)
(unaudited)
David S. Cohen
Sam G. Chainani
Alexander T. Norton
Jason C. Yeung
Armistead B. Nash
Morgan Stanley Investment Management Inc.
Transamerica Funds | Annual Report 2010 |
Page 25
Table of Contents
(formerly, Transamerica Van Kampen Small Company Growth)
(unaudited)
10 Years or | ||||||||||||||
1 Year | 5 Years | Life of Fund | Inception Date | |||||||||||
Class I2 (NAV) | 24.04 | % | 3.17 | % | 4.74 | % | 11/08/2004 | |||||||
Russell 2000® Growth * | 28.67 | % | 3.99 | % | 4.48 | % | 11/08/2004 |
* | The Russell 2000® Growth Index (“Russell 2000® Growth”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 26
Table of Contents
(unaudited)
Neuberger Berman Management LLC
Transamerica Funds | Annual Report 2010 |
Page 27
Table of Contents
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 19.16 | % | 1.67 | % | 12/06/2005 | |||||||
MSCI-EAFE* | 8.82 | % | 2.94 | % | 12/06/2005 |
* | The Morgan Stanley Capital International — Europe, Australasia, Far East Index (“MSCI-EAFE”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 28
Table of Contents
(unaudited)
OppenheimerFunds, Inc.
Transamerica Funds | Annual Report 2010 |
Page 29
Table of Contents
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 32.43 | % | 14.37 | % | 12/06/2005 | |||||||
MSCI-EMI * | 23.89 | % | 13.23 | % | 12/06/2005 |
* | The Morgan Stanley Capital International Emerging Markets Index (“MSCI-EMI”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 30
Table of Contents
(unaudited)
OppenheimerFunds, Inc.
Transamerica Funds | Annual Report 2010 |
Page 31
Table of Contents
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 21.44 | % | 0.79 | % | 08/01/2006 | |||||||
Russell 2500® Value * | 26.88 | % | 0.89 | % | 08/01/2006 |
* | The Russell 2500® Value Index (“Russell 2500® Value”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 32
Table of Contents
(unaudited)
Schroder Investment Management North America Inc.
Transamerica Funds | Annual Report 2010 |
Page 33
Table of Contents
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 18.29 | % | (0.44 | )% | 03/01/2008 | |||||||
S&P EPAC SmallCap* | 14.53 | % | (3.47 | )% | 03/01/2008 |
* | The S&P SmallCap EuroPacific Index (“S&P EPAC SmallCap”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 34
Table of Contents
(unaudited)
Curtis R. Jensen
Kathleen K. Crawford
Third Avenue Management LLC
Transamerica Funds | Annual Report 2010 |
Page 35
Table of Contents
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 18.53 | % | (6.06 | )% | 05/01/2007 | |||||||
Russell 3000® Value * | 16.40 | % | (6.87 | )% | 05/01/2007 | |||||||
MSCI World* | 13.32 | % | (4.45 | )% | 05/01/2007 |
* | The Russell 3000® Value Index (“Russell 3000® Value “) and the Morgan Stanley Capital International World Index (“MSCI World”) are unmanaged indices used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 36
Table of Contents
(unaudited)
Wendy Trevisani
Lei Wang, CFA
Thornburg Investment Management, Inc.
Transamerica Funds | Annual Report 2010 |
Page 37
Table of Contents
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 15.75 | % | 5.86 | % | 09/15/2008 | |||||||
MSCI ACWI ex-US* | 13.08 | % | 4.04 | % | 09/15/2008 |
* | The Morgan Stanley Capital International All Country World Index ex-U.S. (“MSCI ACWI ex-US”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
Page 38
Table of Contents
(unaudited)
Thomas J. Digenan
John C. Leonard
UBS Global Asset Management (Americas) Inc.
Transamerica Funds | Annual Report 2010 |
Page 39
Table of Contents
(unaudited)
10 Years or | ||||||||||||||||
1 Year | 5 Years | Life of Fund | Inception Date | |||||||||||||
Class I2 (NAV) | 10.09 | % | (1.03 | )% | 0.67 | % | 11/08/2004 | |||||||||
Russell 1000® Value* | 15.71 | % | 0.62 | % | 1.88 | % | 11/08/2004 |
* | The Russell 1000® Value Index (“Russell 1000® Value”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
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Table of Contents
(unaudited)
Wellington Management Company, LLP
Transamerica Funds | Annual Report 2010 |
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Table of Contents
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 21.08 | % | 19.88 | % | 09/30/2008 | |||||||
MSCI-EMI * | 23.89 | % | 21.61 | % | 09/30/2008 |
* | The Morgan Stanley Capital International Emerging Markets Index (“MSCI-EMI”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 years of Life or Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
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(unaudited)
Actual Expenses | Hypothetical Expenses (b) | |||||||||||||||||||||||
Beginning | Ending Account | Expenses Paid | Ending Account | Expenses Paid | Annualized | |||||||||||||||||||
Fund Name | Account Value | Value | During Period (a) | Value | During Period (a) | Expense Ratio | ||||||||||||||||||
Transamerica AllianceBernstein International Value | $ | 1,000.00 | $ | 1,045.30 | $ | 5.10 | $ | 1,020.21 | $ | 5.04 | 0.99 | % | ||||||||||||
Transamerica BlackRock Global Allocation | 1,000.00 | 1,040.00 | 4.52 | 1,020.77 | 4.48 | 0.88 | ||||||||||||||||||
Transamerica BlackRock Large Cap Value | 1,000.00 | 954.20 | 4.09 | 1,021.02 | 4.23 | 0.83 | ||||||||||||||||||
Transamerica BNY Mellon Market Neutral Strategy | 1,000.00 | 1,002.40 | 14.43 | 1,010.79 | 14.50 | 2.86 | (c) | |||||||||||||||||
Transamerica Federated Market Opportunity | 1,000.00 | 1,022.40 | 4.64 | 1,020.62 | 4.63 | 0.91 | ||||||||||||||||||
Transamerica First Quadrant Global Macro | 1,000.00 | 1,001.60 | 8.43 | 1,016.79 | 8.49 | 1.67 | ||||||||||||||||||
Transamerica JPMorgan Core Bond | 1,000.00 | 1,058.50 | 2.59 | 1,022.68 | 2.55 | 0.50 | ||||||||||||||||||
Transamerica JPMorgan International Bond | 1,000.00 | 1,131.80 | 3.39 | 1,022.03 | 3.21 | 0.63 | ||||||||||||||||||
Transamerica JPMorgan Mid Cap Value | 1,000.00 | 1,008.90 | 4.56 | 1,020.67 | 4.58 | 0.90 | ||||||||||||||||||
Transamerica Loomis Sayles Bond | 1,000.00 | 1,073.00 | 3.66 | 1,021.68 | 3.57 | 0.70 | ||||||||||||||||||
Transamerica Morgan Stanley Emerging Markets Debt | 1,000.00 | 1,092.30 | 5.38 | 1,020.06 | 5.19 | 1.02 | ||||||||||||||||||
Transamerica Morgan Stanley Mid-Cap Growth | 1,000.00 | 1,120.90 | 4.65 | 1,020.82 | 4.43 | 0.87 | ||||||||||||||||||
Transamerica Morgan Stanley Small Company Growth | 1,000.00 | 1,064.20 | 5.36 | 1,020.01 | 5.24 | 1.03 | ||||||||||||||||||
Transamerica Neuberger Berman International | 1,000.00 | 1,096.90 | 5.71 | 1,019.76 | 5.50 | 1.08 | ||||||||||||||||||
Transamerica Oppenheimer Developing Markets | 1,000.00 | 1,153.10 | 7.22 | 1,018.50 | 6.77 | 1.33 | ||||||||||||||||||
Transamerica Oppenheimer Small- & Mid-Cap Value | 1,000.00 | 1,014.10 | 4.92 | 1,020.32 | 4.94 | 0.97 | ||||||||||||||||||
Transamerica Schroders International Small Cap | 1,000.00 | 1,099.00 | 6.35 | 1,019.16 | 6.11 | 1.20 | ||||||||||||||||||
Transamerica Third Avenue Value | 1,000.00 | 1,037.00 | 4.47 | 1,020.82 | 4.43 | 0.87 | ||||||||||||||||||
Transamerica Thornburg International Value | 1,000.00 | 1,093.40 | 5.80 | 1,019.66 | 5.60 | 1.10 | ||||||||||||||||||
Transamerica UBS Large Cap Value | 1,000.00 | 966.30 | 3.92 | 1,021.22 | 4.02 | 0.79 | ||||||||||||||||||
Transamerica WMC Emerging Markets | 1,000.00 | 1,086.80 | 7.36 | 1,018.15 | 7.12 | 1.40 |
(a) | Expenses are calculated using the fund’s annualized expense ratio (as disclosed in the table), multiplied by the average account value for the period, multiplied by the number of days in the period (184 days), and divided by the number of days in the year (365 days). | |
(b) | 5% return per year before expenses. | |
(c) | Includes dividends and interest on securities sold short (representing 1.37% of average net assets). |
Transamerica Funds | Annual Report 2010 |
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Table of Contents
(The following charts summarize the Schedules of Investments of the funds by asset type)
(unaudited)
Transamerica AllianceBernstein International Value | ||||
Common Stocks | 96.8 | % | ||
Securities Lending Collateral | 6.4 | |||
Repurchase Agreement | 1.2 | |||
Other Assets and Liabilities — Net | (4.4 | )(a) | ||
Total | 100.0 | % | ||
Transamerica BlackRock Global Allocation | ||||
Common Stocks | 56.9 | % | ||
U.S. Government Obligations | 9.2 | |||
Foreign Government Obligations | 7.9 | |||
Convertible Bonds | 7.5 | |||
Short-Term U.S. Government Obligations | 6.8 | |||
Corporate Debt Securities | 4.5 | |||
Investment Companies | 4.2 | |||
Securities Lending Collateral | 1.4 | |||
Preferred Stocks | 1.1 | |||
Convertible Preferred Stocks | 0.3 | |||
Preferred Corporate Debt Security | 0.2 | |||
Loan Assignment | 0.1 | |||
Purchased Options | 0.1 | |||
Warrants | 0.1 | |||
Rights | 0.0 | * | ||
Asset-Backed Securities | 0.0 | * | ||
Repurchase Agreement | 0.0 | * | ||
Other Assets and Liabilities — Net | (0.3 | )(a) | ||
Total | 100.0 | % | ||
Transamerica BlackRock Large Cap Value | ||||
Common Stocks | 99.9 | % | ||
Securities Lending Collateral | 0.1 | |||
Short-Term Investment Companies | 0.1 | |||
Other Assets and Liabilities — Net | (0.1 | ) | ||
Total | 100.0 | % | ||
Transamerica BNY Mellon Market Neutral Strategy | ||||
Common Stocks | 97.7 | % | ||
Repurchase Agreement | 8.8 | |||
Other Assets and Liabilities — Net | (6.5 | )(a) | ||
Total | 100.0 | % | ||
Transamerica Federated Market Opportunity | ||||
Repurchase Agreement | 54.1 | % | ||
Common Stocks | 30.9 | |||
Investment Companies | 6.6 | |||
U.S. Government Obligations | 5.4 | |||
Purchased Options | 3.5 | |||
Securities Lending Collateral | 1.7 | |||
Other Assets and Liabilities — Net | (2.2 | )(a) | ||
Total | 100.0 | % | ||
Transamerica First Quadrant Global Macro | ||||
(formerly, Transamerica USB Dynamic Alpha) | ||||
Repurchase Agreement | 82.8 | % | ||
Short-Term U.S. Government Obligations | 18.2 | |||
Purchased Options | 0.0 | * | ||
Other Assets and Liabilities — Net | (1.0 | )(a) | ||
Total | 100.0 | % | ||
Transamerica JPMorgan Core Bond | ||||
U.S. Government Agency Obligations | 49.8 | % | ||
U.S. Government Obligations | 25.1 | |||
Corporate Debt Securities | 12.6 | |||
Mortgage-Backed Securities | 10.2 | |||
Securities Lending Collateral | 7.1 | |||
Asset-Backed Securities | 1.7 | |||
Foreign Government Obligations | 0.2 | |||
Municipal Government Obligations | 0.1 | |||
Other Assets and Liabilities — Net | (6.8 | ) | ||
Total | 100.0 | % | ||
Transamerica JPMorgan International Bond | ||||
Foreign Government Obligations | 66.3 | % | ||
Corporate Debt Securities | 28.8 | |||
Structured Note Debts | 1.2 | |||
Mortgage-Backed Securities | 1.0 | |||
Short-Term Foreign Government Obligation | 0.3 | |||
Asset-Backed Securities | 0.0 | * | ||
Other Assets and Liabilities — Net | 2.4 | (a) | ||
Total | 100.0 | % | ||
Transamerica JPMorgan Mid Cap Value | ||||
Common Stocks | 98.1 | % | ||
Securities Lending Collateral | 4.2 | |||
Repurchase Agreement | 2.1 | |||
Other Assets and Liabilities — Net | (4.4 | ) | ||
Total | 100.0 | % | ||
Transamerica Loomis Sayles Bond | ||||
Corporate Debt Securities | 46.0 | % | ||
Foreign Government Obligations | 18.6 | |||
Convertible Bonds | 9.3 | |||
Securities Lending Collateral | 8.2 | |||
Mortgage-Backed Securities | 7.2 | |||
U.S. Government Obligations | 5.7 | |||
Asset-Backed Securities | 4.5 | |||
Repurchase Agreement | 2.0 | |||
Convertible Preferred Stocks | 1.2 | |||
Structured Note Debts | 1.0 | |||
Preferred Corporate Debt Security | 1.0 | |||
Preferred Stocks | 0.9 | |||
Loan Assignment | 0.6 | |||
Common Stocks | 0.1 | |||
Other Assets and Liabilities — Net | (6.3 | ) | ||
Total | 100.0 | % | ||
Transamerica Morgan Stanley Emerging Markets Debt | ||||
(formerly, Transamerica Van Kampen Emerging Markets Debt) | ||||
Foreign Government Obligations | 73.5 | % | ||
Securities Lending Collateral | 15.8 | |||
Corporate Debt Securities | 15.0 | |||
Repurchase Agreement | 5.3 | |||
Other Assets and Liabilities — Net | (9.6 | ) | ||
Total | 100.0 | % | ||
Transamerica Morgan Stanley Mid-Cap Growth | ||||
(formerly, Transamerica Van Kampen Mid-Cap Growth) | ||||
Common Stocks | 98.7 | % | ||
Securities Lending Collateral | 25.4 | |||
Repurchase Agreement | 2.1 | |||
Other Assets and Liabilities — Net | (26.2 | ) | ||
Total | 100.0 | % | ||
Transamerica Funds | Annual Report 2010 |
Page 44
Table of Contents
(The following charts summarize the Schedules of Investments of the funds by asset type)
(unaudited)
Transamerica Morgan Stanley Small Company Growth | ||||
(formerly, Transamerica Van Kampen Small Company Growth) | ||||
Common Stocks | 95.2 | % | ||
Securities Lending Collateral | 15.5 | |||
Repurchase Agreement | 3.3 | |||
Preferred Stocks | 1.9 | |||
Other Assets and Liabilities — Net | (15.9 | ) | ||
Total | 100.0 | % | ||
Transamerica Neuberger Berman International | ||||
Common Stocks | 98.5 | % | ||
Securities Lending Collateral | 4.7 | |||
Repurchase Agreement | 1.5 | |||
Warrants | 0.0 | * | ||
Other Assets and Liabilities — Net | (4.7 | ) | ||
Total | 100.0 | % | ||
Transamerica Oppenheimer Developing Markets | ||||
Common Stocks | 95.3 | % | ||
Securities Lending Collateral | 4.5 | |||
Repurchase Agreement | 3.6 | |||
Preferred Stocks | 1.1 | |||
Other Assets and Liabilities — Net | (4.5 | ) | ||
Total | 100.0 | % | ||
Transamerica Oppenheimer Small- & Mid-Cap Value | ||||
Common Stocks | 93.7 | % | ||
Repurchase Agreement | 6.1 | |||
Securities Lending Collateral | 1.3 | |||
Other Assets and Liabilities — Net | (1.1 | ) | ||
Total | 100.0 | % | ||
Transamerica Schroders International Small Cap | ||||
Common Stocks | 96.6 | % | ||
Securities Lending Collateral | 9.9 | |||
Repurchase Agreement | 2.4 | |||
Rights | 0.0 | * | ||
Other Assets and Liabilities — Net | (8.9 | ) | ||
Total | 100.0 | % | ||
Transamerica Third Avenue Value | ||||
Common Stocks | 95.9 | % | ||
Securities Lending Collateral | 17.8 | |||
Repurchase Agreement | 3.9 | |||
Warrants | 0.1 | |||
Other Assets and Liabilities — Net | (17.7 | ) | ||
Total | 100.0 | % | ||
Transamerica Thornburg International Value | ||||
Common Stocks | 93.8 | % | ||
Securities Lending Collateral | 6.8 | |||
Repurchase Agreement | 5.6 | |||
Preferred Stocks | 2.7 | |||
Rights | 0.1 | |||
Other Assets and Liabilities — Net | (9.0 | )(a) | ||
Total | 100.0 | % | ||
Transamerica UBS Large Cap Value | ||||
Common Stocks | 98.8 | % | ||
Investment Companies | 0.8 | |||
Repurchase Agreement | 0.2 | |||
Other Assets and Liabilities — Net | 0.2 | |||
Total | 100.0 | % | ||
Transamerica WMC Emerging Markets | ||||
Common Stocks | 91.3 | % | ||
Investment Companies | 4.9 | |||
Securities Lending Collateral | 3.9 | |||
Repurchase Agreement | 3.2 | |||
Preferred Stocks | 1.4 | |||
Warrants | 0.2 | |||
Rights | 0.0 | * | ||
Other Assets and Liabilities — Net | (4.9 | )(a) | ||
Total | 100.0 | % | ||
(a) | The Other Assets and Liabilities — Net category may include, but is not limited to, Forward Currencies contracts, Futures contracts, Swap Agreements, Written Options and Swaptions, Securities Sold Short, and Cash Collateral. | |
* | Amount rounds to less than 0.1%. |
Transamerica Funds | Annual Report 2010 |
Page 45
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 96.8% | ||||||||
Australia - 4.2% | ||||||||
Australia & New Zealand Banking Group, Ltd. | 97,900 | $ | 2,379 | |||||
BHP Billiton, Ltd. | 23,700 | 973 | ||||||
Boral, Ltd. ^ | 163,760 | 704 | ||||||
Challenger Financial Services Group, Ltd. | 268,400 | 1,209 | ||||||
Incitec Pivot, Ltd. | 292,500 | 1,066 | ||||||
National Australia Bank, Ltd. | 211,121 | 5,266 | ||||||
Telstra Corp., Ltd. | 392,000 | 1,025 | ||||||
Austria - 0.7% | ||||||||
OMV AG | 53,100 | 1,984 | ||||||
Belgium - 1.4% | ||||||||
Delhaize Group SA | 40,383 | 2,821 | ||||||
KBC Groep NV ‡ | 31,600 | 1,375 | ||||||
Canada - 5.1% | ||||||||
Agrium, Inc. | 34,100 | 3,016 | ||||||
Lundin Mining Corp. ‡ | 305,800 | 1,937 | ||||||
National Bank of Canada ^ | 39,800 | 2,619 | ||||||
Nexen, Inc. ^ | 191,898 | 4,084 | ||||||
Suncor Energy, Inc. | 76,988 | 2,467 | ||||||
Toronto-Dominion Bank ^ | 17,200 | 1,239 | ||||||
Cayman Islands - 0.3% | ||||||||
Daphne International Holdings, Ltd. | 674,000 | 756 | ||||||
Denmark - 1.1% | ||||||||
Danske Bank A/S — Class R ‡ | 121,700 | 3,237 | ||||||
France - 14.3% | ||||||||
Arkema SA | 23,900 | 1,544 | ||||||
BNP Paribas | 65,864 | 4,818 | ||||||
Bouygues SA | 99,300 | 4,376 | ||||||
Capital Gemini SA | 55,300 | 2,821 | ||||||
Cie Generale de Geophysique-Veritas ‡ | 53,100 | 1,238 | ||||||
EDF SA | 51,700 | 2,369 | ||||||
France Telecom SA | 130,400 | 3,133 | ||||||
Lagardere SCA | 63,300 | 2,700 | ||||||
PPR SA | 9,700 | 1,590 | ||||||
Renault SA ‡ | 44,700 | 2,484 | ||||||
Sanofi-Aventis SA | 63,700 | 4,449 | ||||||
Societe Generale | 61,144 | 3,662 | ||||||
Vallourec SA | 26,682 | 2,769 | ||||||
Vivendi SA | 168,490 | 4,806 | ||||||
Germany - 7.8% | ||||||||
Allianz SE | 42,000 | 5,264 | ||||||
Bayer AG | 56,400 | 4,209 | ||||||
Deutsche Bank AG | 41,900 | 2,415 | ||||||
E.ON AG | 162,200 | 5,079 | ||||||
Muenchener Rueckversicherungs AG | 16,400 | 2,565 | ||||||
ThyssenKrupp AG | 99,700 | 3,669 | ||||||
Hong Kong - 1.9% | ||||||||
Esprit Holdings, Ltd. | 429,694 | 2,301 | ||||||
New World Development, Ltd. | 1,113,000 | 2,194 | ||||||
Noble Group, Ltd. | 905,636 | 1,301 | ||||||
Italy - 4.3% | ||||||||
ENI SpA | 175,700 | 3,959 | ||||||
Telecom Italia SpA | 2,218,800 | 3,404 | ||||||
Telecom Italia SpA — RSP | 1,617,800 | 1,981 | ||||||
UniCredit SpA | 1,325,745 | 3,456 | ||||||
Japan - 26.9% | ||||||||
AEON Co., Ltd. ^ | 102,200 | 1,204 | ||||||
Air Water, Inc. | 43,000 | 502 | ||||||
Asahi Breweries, Ltd. ^ | 122,200 | 2,468 | ||||||
Asahi Glass Co., Ltd. | 257,000 | 2,469 | ||||||
East Japan Railway Co. | 17,900 | 1,107 | ||||||
Isuzu Motors, Ltd. | 463,000 | 1,784 | ||||||
ITOCHU Corp. | 218,800 | 1,920 | ||||||
Japan Tobacco, Inc. | 1,165 | 3,624 | ||||||
JFE Holdings, Inc. | 90,500 | 2,825 | ||||||
JX Holdings, Inc. | 417,000 | 2,451 | ||||||
KDDI Corp. | 372 | 2,004 | ||||||
Konami Corp. | 45,400 | 800 | ||||||
Konica Minolta Holdings, Inc. | 137,500 | 1,333 | ||||||
Mitsubishi Corp. | 159,800 | 3,842 | ||||||
Mitsubishi Gas Chemical Co., Inc. | 234,000 | 1,448 | ||||||
Mitsubishi Materials Corp. ‡ ^ | 819,000 | 2,565 | ||||||
Mitsubishi Tanabe Pharma Corp. | 96,000 | 1,570 | ||||||
Mitsubishi UFJ Financial Group, Inc. | 191,000 | 890 | ||||||
Mitsui & Co., Ltd. | 204,900 | 3,220 | ||||||
Mitsui Fudosan Co., Ltd. | 213,000 | 4,025 | ||||||
Namco Bandai Holdings, Inc. | 50,300 | 464 | ||||||
NGK Spark Plug Co., Ltd. | 102,000 | 1,422 | ||||||
Nippon Express Co., Ltd. | 463,000 | 1,841 | ||||||
Nippon Telegraph & Telephone Corp. | 79,800 | 3,625 | ||||||
Nissan Motor Co., Ltd. | 369,600 | 3,261 | ||||||
ORIX Corp. ^ | 32,160 | 2,933 | ||||||
Sharp Corp. ^ | 408,000 | 4,031 | ||||||
Sony Corp. | 139,100 | 4,649 | ||||||
Sumitomo Electric Industries, Ltd. | 179,400 | 2,290 | ||||||
Sumitomo Mitsui Financial Group, Inc. | 89,700 | 2,689 | ||||||
Sumitomo Realty & Development Co., Ltd. ^ | 98,000 | 2,136 | ||||||
Sumitomo Rubber Industries, Ltd. | 35,800 | 386 | ||||||
Tokyo Electric Power Co., Inc. | 148,300 | 3,548 | ||||||
Tokyo Gas Co., Ltd. | 424,000 | 1,997 | ||||||
Toshiba Corp. | 615,000 | 3,080 | ||||||
Kazakhstan - 0.3% | ||||||||
Eurasian Natural Resources Corp., PLC | 73,500 | 1,025 | ||||||
Netherlands - 1.2% | ||||||||
Koninklijke Ahold NV | 99,200 | 1,371 | ||||||
Randstad Holding NV ‡ | 46,076 | 2,193 | ||||||
New Zealand - 0.3% | ||||||||
Telecom Corp., of New Zealand, Ltd. ^ | 541,985 | 839 | ||||||
Norway - 0.4% | ||||||||
Petroleum Geo-Services ASA ‡ | 100,050 | 1,250 | ||||||
Spain - 1.0% | ||||||||
Telefonica SA | 114,100 | 3,081 | ||||||
Switzerland - 2.3% | ||||||||
Novartis AG | 98,380 | 5,703 | ||||||
UBS AG ‡ | 65,438 | 1,108 | ||||||
United Kingdom - 23.3% | ||||||||
AstraZeneca PLC | 108,000 | 5,416 | ||||||
Aviva PLC | 526,800 | 3,360 | ||||||
BAE Systems PLC | 612,000 | 3,380 | ||||||
Barclays PLC | 828,200 | 3,644 | ||||||
BP PLC | 927,400 | 6,327 | ||||||
British American Tobacco PLC | 38,400 | 1,464 | ||||||
Imperial Tobacco Group PLC | 128,200 | 4,107 | ||||||
Informa PLC | 348,200 | 2,433 | ||||||
Marks & Spencer Group PLC | 573,700 | 3,929 | ||||||
Old Mutual PLC | 1,588,100 | 3,306 | ||||||
Premier Foods PLC ‡ | 1,225,300 | 346 | ||||||
Rio Tinto PLC | 110,300 | 7,133 | ||||||
Royal Dutch Shell PLC — Class A ^ | 292,630 | 9,491 | ||||||
Thomas Cook Group PLC | 322,400 | 935 | ||||||
Travis Perkins PLC | 95,300 | 1,265 | ||||||
TUI Travel PLC | 406,500 | 1,375 | ||||||
Vodafone Group PLC | 2,454,512 | 6,680 | ||||||
Xstrata PLC | 261,734 | 5,073 | ||||||
Total Common Stocks (cost $298,360) | 289,350 | |||||||
SECURITIES LENDING COLLATERAL — 6.4% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 18,983,228 | 18,983 | ||||||
Total Securities Lending Collateral (cost $18,983) |
Transamerica Funds | Annual Report 2010 |
Page 46
Table of Contents
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
REPURCHASE AGREEMENT - 1.2% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $3,575 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $3,649. | $ | 3,575 | $ | 3,575 | ||||
Total Repurchase Agreement (cost $3,575) | ||||||||
Total Investment Securities (cost $320,918) # | 311,908 | |||||||
Other Assets and Liabilities — Net | (13,157 | ) | ||||||
Net Assets | $ | 298,751 | ||||||
Amount in U.S. | Net Unrealized | |||||||||||||||
Currency | (Sold) | Settlement Date | Dollars (Sold) | Appreciation | ||||||||||||
Canadian Dollar | (6,538 | ) | 01/18/2011 | $ | (6,420 | ) | $ | 21 |
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited): | Total Investments | Value | ||||||
Commercial Banks | 11.3 | % | $ | 35,274 | ||||
Oil, Gas & Consumable Fuels | 10.0 | 30,763 | ||||||
Metals & Mining | 8.0 | 25,200 | ||||||
Pharmaceuticals | 6.7 | 21,347 | ||||||
Diversified Telecommunication Services | 5.5 | 17,088 | ||||||
Insurance | 4.6 | 14,495 | ||||||
Trading Companies & Distributors | 3.8 | 11,548 | ||||||
Electric Utilities | 3.5 | 10,996 | ||||||
Media | 3.2 | 9,939 | ||||||
Tobacco | 3.0 | 9,195 | ||||||
Wireless Telecommunication Services | 2.9 | 8,684 | ||||||
Household Durables | 2.8 | 8,680 | ||||||
Real Estate Management & Development | 2.7 | 8,355 | ||||||
Chemicals | 2.4 | 7,576 | ||||||
Automobiles | 2.4 | 7,529 | ||||||
Multiline Retail | 1.8 | 5,519 | ||||||
Food & Staples Retailing | 1.7 | 5,396 | ||||||
Construction & Engineering | 1.4 | 4,376 | ||||||
Capital Markets | 1.2 | 3,523 | ||||||
Aerospace & Defense | 1.1 | 3,380 | ||||||
Computers & Peripherals | 1.0 | 3,080 | ||||||
Road & Rail | 0.9 | 2,948 | ||||||
Consumer Finance | 0.9 | 2,933 | ||||||
IT Services | 0.9 | 2,821 | ||||||
Machinery | 0.9 | 2,769 | ||||||
Energy Equipment & Services | 0.8 | 2,488 | ||||||
Building Products | 0.8 | 2,469 | ||||||
Beverages | 0.8 | 2,468 | ||||||
Hotels, Restaurants & Leisure | 0.8 | 2,310 | ||||||
Specialty Retail | 0.7 | 2,301 | ||||||
Electrical Equipment | 0.7 | 2,290 | ||||||
Professional Services | 0.7 | 2,193 | ||||||
Gas Utilities | 0.6 | 1,997 | ||||||
Auto Components | 0.6 | 1,808 |
Transamerica Funds | Annual Report 2010 |
Page 47
Table of Contents
At October 31, 2010
(all amounts in thousands)
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited): (continued) | Total Investments | Value | ||||||
Office Electronics | 0.4 | % | $ | 1,333 | ||||
Diversified Financial Services | 0.4 | 1,209 | ||||||
Software | 0.3 | 800 | ||||||
Textiles, Apparel & Luxury Goods | 0.2 | 756 | ||||||
Construction Materials | 0.2 | 704 | ||||||
Leisure Equipment & Products | 0.1 | 464 | ||||||
Food Products | 0.1 | 346 | ||||||
Investment Securities, at Value | 92.8 | 289,350 | ||||||
Short-Term Investments | 7.2 | 22,558 | ||||||
Total Investments | 100.0 | % | $ | 311,908 | ||||
^ | All or a portion of this security is on loan. The value of all securities on loan is $18,057. | |
‡ | Non-income producing security. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
♦ | Value is less than $1. | |
# | Aggregate cost for federal income tax purposes is $322,646. Aggregate gross unrealized depreciation for all securities in which there is an excess of value over tax cost were $22,423 and $33,161, respectively. Net unrealized depreciation for tax purposes is $10,738. | |
DEFINITION: | ||
RSP | Refers to Risparmio shares, which are savings shares on the Italian Stock Exchange |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 16,118 | $ | 273,232 | $ | — | $ | 289,350 | ||||||||
Repurchase Agreement | — | 3,575 | — | 3,575 | ||||||||||||
Securities Lending Collateral | 18,983 | — | — | 18,983 | ||||||||||||
Total | $ | 35,101 | $ | 276,807 | $ | — | $ | 311,908 | ||||||||
Other Financial Instruments* | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Forward Foreign Currency Contracts — Appreciation | $ | — | $ | 21 | $ | — | $ | 21 |
Beginning | Net Transfers | Ending | ||||||||||||||||||||||||||
Balance at | Net | Accrued | Total Realized | Change in Unrealized | In/(Out) of | Balance at | ||||||||||||||||||||||
Securities | 10/31/2009 | Purchases/(Sales) | Discounts/(Premiums) | Gain/(Loss) | Appreciation/(Depreciation) | Level 3 | 10/31/2010 | |||||||||||||||||||||
Common Stocks | $ | 40 | $ | (40 | ) | $ | — | $ | (♦ | ) | $ | ♦ | $ | — | $ | — | ||||||||||||
Rights | ♦ | (♦ | ) | — | — | — | — | — | ||||||||||||||||||||
Total | $ | 40 | $ | (40 | ) | $ | — | $ | (♦ | ) | $ | ♦ | $ | — | $ | — | ||||||||||||
* | Other financial instruments are derivative instruments including, but not limited to, Futures Contracts, Forward Foreign Currency Contracts, and Swap Contracts that are valued at unrealized appreciation (depreciation) on the instrument. |
Transamerica Funds | Annual Report 2010 |
Page 48
Table of Contents
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||||||
U.S. GOVERNMENT OBLIGATIONS - 9.2% | ||||||||||||
United States - 9.2% | ||||||||||||
U.S. Treasury Inflation Indexed Bond | ||||||||||||
2.38%, 01/15/2027 | $ | 972 | $ | 1,167 | ||||||||
U.S. Treasury Note | ||||||||||||
1.38%, 02/15/2013 | 2,050 | 2,095 | ||||||||||
2.13%, 11/30/2014 | 2,484 | 2,608 | ||||||||||
2.25%, 01/31/2015 | 3,136 | 3,308 | ||||||||||
2.38%, 02/28/2015 | 4,348 | 4,606 | ||||||||||
2.50%, 03/31/2015 | 4,027 | 4,291 | ||||||||||
2.63%, 12/31/2014 Y | 4,245 | 4,542 | ||||||||||
2.63%, 02/29/2016 - 08/15/2020 | 10,886 | 10,970 | ||||||||||
3.50%, 05/15/2020 | 11,055 | 11,924 | ||||||||||
Total U.S. Government Obligations (cost $43,678) | 45,511 | |||||||||||
FOREIGN GOVERNMENT OBLIGATIONS - 7.9% | ||||||||||||
Australia - 0.2% | ||||||||||||
Australia Government Bond | ||||||||||||
5.75%, 06/15/2011 | AUD | 1,145 | 1,130 | |||||||||
Brazil - 1.6% | ||||||||||||
Brazil Notas do Tesouro Nacional | ||||||||||||
10.00%, 01/01/2017 - 01/01/2021 | BRL | 15,281 | 8,152 | |||||||||
Canada - 0.3% | ||||||||||||
Canadian Government Bond | ||||||||||||
3.50%, 06/01/2020 | CAD | 736 | 762 | |||||||||
4.00%, 06/01/2016 | CAD | 605 | 652 | |||||||||
Germany - 2.3% | ||||||||||||
Bundesrepublik Deutschland | ||||||||||||
3.50%, 07/04/2019 | EUR | 1,480 | 2,231 | |||||||||
4.00%, 01/04/2018 | EUR | 550 | 856 | |||||||||
4.25%, 07/04/2017 | EUR | 1,550 | 2,443 | |||||||||
Deutsche Bundesrepublik Inflation Linked | ||||||||||||
1.50%, 04/15/2016 | EUR | 380 | 560 | |||||||||
Federal Republic of Germany | ||||||||||||
1.50%, 09/21/2012 - 144A | $ | 1,600 | 1,631 | |||||||||
4.00%, 07/04/2016 | EUR | 2,470 | 3,821 | |||||||||
Hong Kong - 0.4% | ||||||||||||
Hong Kong Government Bond | ||||||||||||
2.03%, 03/18/2013 | HKD | 10,650 | 1,424 | |||||||||
4.13%, 02/22/2013 | HKD | 3,350 | 469 | |||||||||
Korea, Republic of - 0.2% | ||||||||||||
Export-Import Bank of Korea | ||||||||||||
4.13%, 09/09/2015 | $ | 875 | 920 | |||||||||
Malaysia - 0.2% | ||||||||||||
Republic of Malaysia | ||||||||||||
3.46%, 07/31/2013 | MYR | 217 | 70 | |||||||||
3.76%, 04/28/2011 | MYR | 3,400 | 1,098 | |||||||||
Netherlands - 0.1% | ||||||||||||
Netherlands Government Bond | ||||||||||||
3.75%, 07/15/2014 | EUR | 250 | 376 | |||||||||
New Zealand - 0.1% | ||||||||||||
Republic of New Zealand CPI Linked Bond | ||||||||||||
4.50%, 02/15/2016 | NZD | 400 | 469 | |||||||||
Poland - 0.2% | ||||||||||||
Republic of Poland CPI Linked Bond | ||||||||||||
3.00%, 08/24/2016 | PLN | 2,131 | 759 | |||||||||
Turkey - 0.4% | ||||||||||||
Republic of Turkey | ||||||||||||
4.00%, 04/01/2020 | TRY | 379 | 299 | |||||||||
10.00%, 01/09/2013 | TRY | 273 | 200 | |||||||||
10.50%, 01/15/2020 | TRY | 2,055 | 1,627 | |||||||||
Ukraine - 0.1% | ||||||||||||
Republic of Ukraine | ||||||||||||
6.88%, 09/23/2015 - 144A | $ | 110 | $ | 110 | ||||||||
7.75%, 09/23/2020 - 144A | 295 | 298 | ||||||||||
United Kingdom - 1.8% | ||||||||||||
United Kingdom Gilt | ||||||||||||
4.25%, 03/07/2011 | GBP | 1,835 | 2,979 | |||||||||
4.75%, 03/07/2020 | GBP | 3,318 | 6,033 | |||||||||
Vietnam - 0.0%¥ | ||||||||||||
Socialist Republic of Vietnam | ||||||||||||
6.75%, 01/29/2020 - Reg S | $ | 100 | 114 | |||||||||
Total Foreign Government Obligations (cost $36,531) | 39,483 | |||||||||||
ASSET-BACKED SECURITY - 0.0%¥ | ||||||||||||
Cayman Islands - 0.0%¥ | ||||||||||||
Latitude CLO, Ltd. | ||||||||||||
Series 2005-1I, Class SUB | ||||||||||||
Zero Coupon, 12/15/2017 | 200 | 64 | ||||||||||
Total Asset-Backed Security (cost $177) | ||||||||||||
PREFERRED CORPORATE DEBT SECURITIES - 0.2% | ||||||||||||
Cayman Islands - 0.0%¥ | ||||||||||||
DBS Capital Funding Corp. | ||||||||||||
7.66%, 03/15/2011 - Reg S * Ž | 42 | 43 | ||||||||||
United Kingdom - 0.2% | ||||||||||||
Lloyds TSB Bank PLC | ||||||||||||
13.00%, 01/21/2029 Ž | GBP | 500 | 977 | |||||||||
Total Preferred Corporate Debt Securities (cost $936) | 1,020 | |||||||||||
CORPORATE DEBT SECURITIES - 4.5% | ||||||||||||
Argentina - 0.0%¥ | ||||||||||||
Empresa Distribuidora Y Comercializadora Norte | ||||||||||||
9.75%, 10/25/2022 - 144A | $ | 73 | 76 | |||||||||
Bermuda - 0.1% | ||||||||||||
Intelsat Subsidiary Holding Co., SA | ||||||||||||
8.50%, 01/15/2013 | 259 | 262 | ||||||||||
8.88%, 01/15/2015 | 41 | 42 | ||||||||||
Brazil - 0.1% | ||||||||||||
Banco do Brasil SA | ||||||||||||
4.50%, 01/22/2015 - 144A | 219 | 232 | ||||||||||
Banco Santander Brasil SA | ||||||||||||
4.50%, 04/06/2015 - 144A | 165 | 173 | ||||||||||
Canada - 0.1% | ||||||||||||
Viterra, Inc. | ||||||||||||
5.95%, 08/01/2020 - 144A | 370 | 366 | ||||||||||
Cayman Islands - 0.2% | ||||||||||||
Cosan Finance, Ltd. | ||||||||||||
7.00%, 02/01/2017 - 144A | 90 | 97 | ||||||||||
CSN Islands XII Corp. | ||||||||||||
7.00%, 12/23/2049 - 144A | 369 | 365 | ||||||||||
Hutchison Whampoa International 09, Ltd. | ||||||||||||
7.63%, 04/09/2019 - 144A | 400 | 497 | ||||||||||
El Salvador - 0.1% | ||||||||||||
Telemovil Finance Co., Ltd. | ||||||||||||
8.00%, 10/01/2017 - 144A | 295 | 306 | ||||||||||
Hong Kong - 0.2% | ||||||||||||
Hutchison Whampoa International 03/33, Ltd. | ||||||||||||
6.25%, 01/24/2014 - Reg S | 200 | 224 | ||||||||||
Hutchison Whampoa International 09/16, Ltd. | ||||||||||||
4.63%, 09/11/2015 - 144A | 242 | 262 | ||||||||||
4.63%, 09/11/2015 - Reg S | 617 | 665 |
Transamerica Funds | Annual Report 2010 |
Page 49
Table of Contents
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||||||
Ireland - 0.1% | ||||||||||||
Vimpel Communications Via VIP Finance | ||||||||||||
Ireland, Ltd. OJSC | ||||||||||||
9.13%, 04/30/2018 - 144A | $ | 638 | $ | 723 | ||||||||
Kazakhstan - 0.2% | ||||||||||||
KazMunaiGaz Finance Sub BV | ||||||||||||
7.00%, 05/05/2020 - 144A | 369 | 392 | ||||||||||
9.13%, 07/02/2018 - 144A | 504 | 607 | ||||||||||
Korea, Republic of - 0.6% | ||||||||||||
Hana Bank | ||||||||||||
4.50%, 10/30/2015 - 144A | 134 | 142 | ||||||||||
Hyundai Motor Manufacturing Czech SRO | ||||||||||||
4.50%, 04/15/2015 - 144A | 248 | 262 | ||||||||||
Korea Development Bank | ||||||||||||
4.38%, 08/10/2015 | 892 | 959 | ||||||||||
Korea Electric Power Corp. | ||||||||||||
5.13%, 04/23/2034 - Reg S | 579 | 626 | ||||||||||
7.95%, 04/01/2096 * | 448 | 338 | ||||||||||
Luxembourg - 0.3% | ||||||||||||
Evraz Group SA | ||||||||||||
8.88%, 04/24/2013 - 144A | 160 | 171 | ||||||||||
9.50%, 04/24/2018 - 144A | 225 | 254 | ||||||||||
TNK-BP Finance SA | ||||||||||||
6.63%, 03/20/2017 - 144A | 552 | 587 | ||||||||||
7.50%, 07/18/2016 - 144A | 200 | 222 | ||||||||||
7.88%, 03/13/2018 - 144A | 197 | 222 | ||||||||||
Vimpel Communications OJSC Via UBS | ||||||||||||
Luxembourg SA | ||||||||||||
8.25%, 05/23/2016 - Reg S | 200 | 219 | ||||||||||
Malaysia - 0.2% | ||||||||||||
Johor Corp. | ||||||||||||
1.00%, 07/31/2012 § | MYR | 2,896 | 1,145 | |||||||||
Mexico - 0.3% | ||||||||||||
BBVA Bancomer SA | ||||||||||||
7.25%, 04/22/2020 - 144A | $ | 367 | 408 | |||||||||
Pemex Project Funding Master Trust | ||||||||||||
6.63%, 06/15/2035 | 368 | 408 | ||||||||||
Petroleos Mexicanos | ||||||||||||
6.00%, 03/05/2020 | 599 | 677 | ||||||||||
Singapore - 0.1% | ||||||||||||
Bumi Investment PTE, Ltd. | ||||||||||||
10.75%, 10/06/2017 - 144A | 244 | 255 | ||||||||||
Yanlord Land Group, Ltd. | ||||||||||||
9.50%, 05/04/2017 - 144A | 370 | 385 | ||||||||||
Supranational - 0.2% | ||||||||||||
European Investment Bank | ||||||||||||
3.63%, 10/15/2011 | EUR | 296 | 422 | |||||||||
4.38%, 04/15/2013 | EUR | 400 | 597 | |||||||||
Switzerland - 0.3% | ||||||||||||
UBS AG | ||||||||||||
4.88%, 08/04/2020 | $ | 1,293 | 1,386 | |||||||||
Trinidad and Tobago - 0.0%¥ | ||||||||||||
Petroleum Co., of Trinidad & Tobago, Ltd. | ||||||||||||
9.75%, 08/14/2019 - 144A | 185 | 231 | ||||||||||
United Arab Emirates - 0.0%¥ | ||||||||||||
Abu Dhabi National Energy Co. | ||||||||||||
6.50%, 10/27/2036 - Reg S | 100 | 102 | ||||||||||
United Kingdom - 0.0%¥ | ||||||||||||
BP Capital Markets PLC | ||||||||||||
3.13%, 10/01/2015 | 207 | 212 | ||||||||||
United States - 1.4% | ||||||||||||
Advanced Micro Devices, Inc. | ||||||||||||
8.13%, 12/15/2017 | $ | 140 | $ | 151 | ||||||||
Alberto-Culver Co. | ||||||||||||
5.15%, 06/01/2020 | 89 | 95 | ||||||||||
Building Materials Corp., of America | ||||||||||||
6.88%, 08/15/2018 - 144A | 111 | 111 | ||||||||||
Calpine Corp. | ||||||||||||
7.50%, 02/15/2021 - 144A | 73 | 75 | ||||||||||
7.88%, 07/31/2020 - 144A | 177 | 185 | ||||||||||
Calpine Corp. Escrow | ||||||||||||
8.75%, 07/15/2013 Ə | 2,142 | ♦ | ||||||||||
CF Industries Holdings, Inc. | ||||||||||||
7.13%, 05/01/2020 | 256 | 297 | ||||||||||
Clearwater Paper Corp. | ||||||||||||
7.13%, 11/01/2018 - 144A | 37 | 39 | ||||||||||
Consol Energy, Inc. | ||||||||||||
8.00%, 04/01/2017 - 144A | 575 | 629 | ||||||||||
Cott Beverages, Inc. | ||||||||||||
8.13%, 09/01/2018 | 74 | 80 | ||||||||||
DaVita, Inc. | ||||||||||||
6.38%, 11/01/2018 | 166 | 170 | ||||||||||
6.63%, 11/01/2020 | 148 | 152 | ||||||||||
DJO Finance LLC | ||||||||||||
9.75%, 10/15/2017 - 144A | 74 | 77 | ||||||||||
Ford Motor Credit Co., LLC | ||||||||||||
6.63%, 08/15/2017 | 112 | 125 | ||||||||||
7.00%, 04/15/2015 | 100 | 111 | ||||||||||
8.00%, 12/15/2016 | 200 | 233 | ||||||||||
GCI, Inc. | ||||||||||||
7.25%, 02/15/2014 | 227 | 232 | ||||||||||
Hertz Corp. | ||||||||||||
7.50%, 10/15/2018 - 144A | 189 | 195 | ||||||||||
Host Hotels & Resorts, LP | ||||||||||||
7.13%, 11/01/2013 | 26 | 26 | ||||||||||
Insight Communications Co., Inc. | ||||||||||||
9.38%, 07/15/2018 - 144A | 89 | 97 | ||||||||||
Kraft Foods, Inc. | ||||||||||||
2.63%, 05/08/2013 | 311 | 323 | ||||||||||
4.13%, 02/09/2016 | 675 | 734 | ||||||||||
Linn Energy LLC | ||||||||||||
7.75%, 02/01/2021 - 144A | 369 | 380 | ||||||||||
MetroPCS Wireless, Inc. | ||||||||||||
7.88%, 09/01/2018 | 22 | 24 | ||||||||||
Mylan, Inc. | ||||||||||||
7.63%, 07/15/2017 - 144A | 181 | 199 | ||||||||||
NRG Energy, Inc. | ||||||||||||
8.25%, 09/01/2020 - 144A | 110 | 117 | ||||||||||
Phibro Animal Health Corp. | ||||||||||||
9.25%, 07/01/2018 - 144A | 52 | 54 | ||||||||||
Pinafore LLC | ||||||||||||
9.00%, 10/01/2018 - 144A | 74 | 79 | ||||||||||
Reliance Holdings USA, Inc. | ||||||||||||
4.50%, 10/19/2020 - 144A | 294 | 287 | ||||||||||
6.25%, 10/19/2040 - 144A | 250 | 248 | ||||||||||
Reynolds Group Issuer, Inc. | ||||||||||||
9.00%, 04/15/2019 - 144A | 185 | 192 | ||||||||||
SunGard Data Systems, Inc. | ||||||||||||
9.13%, 08/15/2013 | 111 | 114 | ||||||||||
Texas Industries, Inc. | ||||||||||||
9.25%, 08/15/2020 - 144A | 292 | 307 |
Transamerica Funds | Annual Report 2010 |
Page 50
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Principal | Value | |||||||
United States — (continued) | ||||||||
Thermo Fisher Scientific, Inc. | ||||||||
3.20%, 05/01/2015 | $ | 171 | $ | 181 | ||||
Valeant Pharmaceuticals International, Inc. | ||||||||
6.75%, 10/01/2017 - 144A | 148 | 154 | ||||||
7.00%, 10/01/2020 - 144A | 222 | 233 | ||||||
Total Corporate Debt Securities (cost $20,130) | 22,225 | |||||||
Shares | Value | |||||||||||
CONVERTIBLE PREFERRED STOCKS - 0.3% | ||||||||||||
Bermuda - 0.0%¥ | ||||||||||||
Bunge, Ltd. 4.88% | 1,390 | $ | 126 | |||||||||
United States - 0.3% | ||||||||||||
El Paso Corp. 4.99% | 560 | 663 | ||||||||||
Mylan, Inc. 6.50% | 513 | 610 | ||||||||||
Total Convertible Preferred Stocks (cost $1,053) | 1,399 | |||||||||||
PREFERRED STOCKS - 1.1% | ||||||||||||
Brazil - 0.5% | ||||||||||||
Cia Brasileira de Distribuicao Grupo | ||||||||||||
Pao de Acucar — Class A 0.91% ▲ | 24,181 | 948 | ||||||||||
Cia Brasileira de Distribuicao Grupo Pao de | ||||||||||||
Acucar — Class B Ə | 455 | 18 | ||||||||||
Itau Unibanco Holding SA 2.22% ▲ | 21,200 | 517 | ||||||||||
Usinas Siderurgicas de Minas Gerais | ||||||||||||
SA 2.86% ▲ | 10,800 | 135 | ||||||||||
Vale SA 1.96% ▲ | 26,600 | 747 | ||||||||||
France - 0.0%¥ | ||||||||||||
Cie Generale des Etablissements | ||||||||||||
Michelin 1.74% ▲ | 1,513 | 240 | ||||||||||
Germany - 0.1% | ||||||||||||
Volkswagen AG 1.53% ▲ | 4,580 | 688 | ||||||||||
Switzerland - 0.0%¥ | ||||||||||||
XL Group PLC — Switzerland GMBH | ||||||||||||
10.75% | 4,470 | 133 | ||||||||||
United Kingdom - 0.1% | ||||||||||||
HSBC Holdings PLC 8.00% | 14,400 | 398 | ||||||||||
United States - 0.4% | ||||||||||||
Apache Corp. 6.00% | 5,400 | 314 | ||||||||||
Chesapeake Energy Corp. 5.75% - 144A | 1,083 | 1,076 | ||||||||||
Citigroup Capital XIII 7.88% * | 10,132 | 269 | ||||||||||
Omnicare Capital Trust II 4.00% | 4,800 | 180 | ||||||||||
Total Preferred Stocks (cost $4,473) | 5,663 | |||||||||||
COMMON STOCKS - 56.9% | ||||||||||||
Australia - 0.7% | ||||||||||||
BHP Billiton, Ltd. | 46,989 | 1,929 | ||||||||||
CSL, Ltd. | 17,854 | 574 | ||||||||||
Newcrest Mining, Ltd. | 8,423 | 330 | ||||||||||
Rio Tinto, Ltd. ^ | 3,592 | 291 | ||||||||||
Telstra Corp., Ltd. | 89,746 | 235 | ||||||||||
Austria - 0.0%¥ | ||||||||||||
Telekom Austria AG | 8,386 | 128 | ||||||||||
Belgium - 0.1% | ||||||||||||
RHJ International ‡ | 50,600 | 395 | ||||||||||
RHJ International - 144A ‡ | 17,100 | 133 | ||||||||||
Bermuda - 0.3% | ||||||||||||
Axis Capital Holdings, Ltd. | 1,256 | 43 | ||||||||||
China Gas Holdings, Ltd. | 68,600 | 39 | ||||||||||
China Resources Gas Group, Ltd. | 84,000 | 125 | ||||||||||
Endurance Specialty Holdings, Ltd. | 10,202 | 422 | ||||||||||
Platinum Underwriters Holdings, Ltd. | 4,289 | 185 | ||||||||||
RenaissanceRe Holdings, Ltd. | 4,312 | 260 | ||||||||||
Validus Holdings, Ltd. | 6,461 | 183 | ||||||||||
VimpelCom, Ltd. ADR ‡ | 26,300 | 403 | ||||||||||
Brazil - 1.7% | ||||||||||||
All America Latina Logistica SA | 24,130 | 230 | ||||||||||
Banco do Brasil SA | 4,900 | 95 | ||||||||||
Banco Santander Brasil SA | 18,100 | 257 | ||||||||||
Cia Energetica de Minas Gerais | ADR | 7,663 | 137 | |||||||||
Cosan, Ltd. — Class A | 38,100 | 501 | ||||||||||
Cyrela Brazil Realty SA | ||||||||||||
Empreendimentos e Participacoes | 47,600 | 658 | ||||||||||
Hypermarcas SA ‡ | 89,200 | 1,469 | ||||||||||
MRV Engenharia e Participacoes SA | 51,300 | 501 | ||||||||||
Petroleo Brasileiro SA — Class A | ADR | 95,652 | 2,983 | |||||||||
SLC Agricola SA | 38,200 | 494 | ||||||||||
VIVO Participacoes SA | ADR | 31,800 | 911 | |||||||||
Canada - 3.1% | ||||||||||||
Agrium, Inc. ■ | 9,100 | 805 | ||||||||||
Alamos Gold, Inc. | 29,950 | 464 | ||||||||||
Barrick Gold Corp. | 34,885 | 1,677 | ||||||||||
BCE, Inc. | 1,400 | 47 | ||||||||||
Canadian Natural Resources, Ltd. | 15,700 | 574 | ||||||||||
Canadian Pacific Railway, Ltd. | 14,694 | 957 | ||||||||||
Cenovus Energy, Inc. | 480 | 13 | ||||||||||
Daylight Energy, Ltd. ^ | 38,960 | 379 | ||||||||||
Eldorado Gold Corp. | 53,627 | 908 | ||||||||||
Goldcorp, Inc. | 40,459 | 1,803 | ||||||||||
Iamgold Corp. | 89,325 | 1,632 | ||||||||||
Katanga Mining, Ltd. ‡ ^ | 67,782 | 97 | ||||||||||
Kinross Gold Corp. | 99,434 | 1,788 | ||||||||||
Potash Corp., of Saskatchewan, Inc. | 1,920 | 279 | ||||||||||
Research In Motion, Ltd. ‡ | 900 | 51 | ||||||||||
Rogers Communications, Inc. — Class B | 10,500 | 383 | ||||||||||
Silver Wheaton Corp. ‡ | 25,200 | 725 | ||||||||||
Sino-Forest Corp. — Class A ‡ ^ | 29,200 | 577 | ||||||||||
Suncor Energy, Inc. | 8,625 | 276 | ||||||||||
Talisman Energy, Inc. | 7,070 | 128 | ||||||||||
Teck Resources, Ltd. — Class B | 1,110 | 50 | ||||||||||
TELUS Corp. | 3,970 | 176 | ||||||||||
Thomson Reuters Corp. ■ | 700 | 27 | ||||||||||
Viterra, Inc. ‡ | 12,200 | 117 | ||||||||||
Yamana Gold, Inc. | 120,217 | 1,323 | ||||||||||
Cayman Islands - 0.0%¥ | ||||||||||||
Mindray Medical International, Ltd. | ADR | 2,900 | 84 | |||||||||
Mongolian Mining Corp. ‡ | 127,800 | 138 | ||||||||||
Chile - 0.1% | ||||||||||||
Banco Santander Chile | ADR | 3,200 | 297 | |||||||||
Sociedad Quimica y Minera de Chile SA | ADR | 4,700 | 243 | |||||||||
China - 0.7% | ||||||||||||
China BlueChemical, Ltd. | 295,300 | 234 | ||||||||||
China Communications Services Corp., Ltd. — Class H | 5,000 | 3 | ||||||||||
China Life Insurance Co., Ltd. | ADR | 5,302 | 348 | |||||||||
China Life Insurance Co., Ltd. — Class H | 75,900 | 332 |
Transamerica Funds | Annual Report 2010 |
Page 51
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||||||
China (continued) | ||||||||||||
China Pacific Insurance Group Co., Ltd. | 35,800 | $ | 148 | |||||||||
China Shenhua Energy Co., Ltd. — Class H | 69,852 | 312 | ||||||||||
China Telecom Corp., Ltd. | 386,000 | 200 | ||||||||||
CSR Corp., Ltd. | 129,900 | 132 | ||||||||||
Dongfeng Motor Group Co., Ltd. — Class H | 32,700 | 71 | ||||||||||
Guangshen Railway Co., Ltd. | 522,700 | 210 | ||||||||||
Guangzhou Automobile Group Co., Ltd. | 360,686 | 554 | ||||||||||
Jiangsu Expressway Co., Ltd. — Class H | 44,700 | 53 | ||||||||||
Ping An Insurance Group Co., of China, Ltd. — Class H | 22,738 | 244 | ||||||||||
Sinopharm Group Co. — Class H | 55,700 | 218 | ||||||||||
Sohu.com, Inc. ‡ | 800 | 60 | ||||||||||
Xiamen International Port Co., Ltd. — Class H | 494,200 | 93 | ||||||||||
Zhongsheng Group Holdings, Ltd. ‡ | 150,500 | 387 | ||||||||||
Cyprus - 0.0%¥ | ||||||||||||
AFI Development PLC | GDR‡ | 47,100 | 55 | |||||||||
AFI Development PLC — Class B ‡ | 47,100 | 53 | ||||||||||
Egypt - 0.1% | ||||||||||||
Telecom Egypt | 126,368 | 388 | ||||||||||
Finland - 0.1% | ||||||||||||
Fortum OYJ | 12,003 | 340 | ||||||||||
Nokia OYJ | ADR | 3,800 | 41 | |||||||||
France - 0.9% | ||||||||||||
AXA SA | 12,978 | 236 | ||||||||||
AXA SA | ADR | 500 | 9 | |||||||||
BNP Paribas | 8,100 | 592 | ||||||||||
Cie Generale D’optique Essilor International SA | 12,171 | 813 | ||||||||||
France Telecom SA | 28,417 | 683 | ||||||||||
Sanofi-Aventis SA | 8,900 | 622 | ||||||||||
Sanofi-Aventis SA | ADR | 1,261 | 44 | |||||||||
Technip SA | 1,300 | 109 | ||||||||||
Total SA | 11,096 | 603 | ||||||||||
Total SA | ADR | 14,000 | 763 | |||||||||
Vivendi SA | 5,400 | 154 | ||||||||||
Germany - 0.2% | ||||||||||||
Allianz SE | 1,256 | 157 | ||||||||||
Bayer AG | 4,371 | 326 | ||||||||||
Bayer AG | ADR | 300 | 23 | |||||||||
Bayerische Motoren Werke AG | 1,900 | 136 | ||||||||||
Deutsche Telekom AG | ADR | 3,000 | 43 | |||||||||
Kabel Deutschland Holding AG ‡ | 8,000 | 361 | ||||||||||
Guernsey, Channel Islands - 0.0%¥ | ||||||||||||
Amdocs, Ltd. ‡ | 1,536 | 47 | ||||||||||
Hong Kong - 1.6% | ||||||||||||
AIA Group, Ltd. ‡ | 65,800 | 196 | ||||||||||
Beijing Enterprises Holdings, Ltd. | 213,420 | 1,458 | ||||||||||
Chaoda Modern Agriculture Holdings, Ltd. | 813,890 | 663 | ||||||||||
Cheung Kong Holdings, Ltd. | 27,500 | 420 | ||||||||||
Cheung Kong Infrastructure Holdings, Ltd. | 50,900 | 213 | ||||||||||
China Dongxiang Group Co. | 360,188 | 203 | ||||||||||
China Huiyuan Juice Group, Ltd. | 63,000 | 42 | ||||||||||
China Mobile, Ltd. | 135,300 | 1,378 | ||||||||||
China Unicom, Ltd. | 139,100 | 198 | ||||||||||
Hutchison Whampoa, Ltd. | 47,700 | 471 | ||||||||||
Link REIT | 275,867 | 852 | ||||||||||
Noble Group, Ltd. ^ | 84,405 | 121 | ||||||||||
Ports Design, Ltd. | 1,300 | 3 | ||||||||||
Shougang Concord International Enterprises Co., Ltd. ‡ | 529,400 | 89 | ||||||||||
Tianjin Development Holdings ‡ | 915,800 | 707 | ||||||||||
Tianjin Port Development Holdings, Ltd. | 1,475,600 | 327 | ||||||||||
Wharf Holdings, Ltd. | 63,525 | 417 | ||||||||||
India - 0.9% | ||||||||||||
Adani Enterprises, Ltd. | 37,300 | 596 | ||||||||||
Adani Power, Ltd. ‡ | 110,201 | 321 | ||||||||||
Bharat Heavy Electricals, Ltd. | 16,100 | 886 | ||||||||||
Container Corp., of India | 3,530 | 105 | ||||||||||
Housing Development Finance Corp. | 61,220 | 947 | ||||||||||
Larsen & Toubro, Ltd. | 8,500 | 386 | ||||||||||
Reliance Industries, Ltd. | 27,570 | 681 | ||||||||||
State Bank of India | 10,870 | 772 | ||||||||||
Indonesia - 0.1% | ||||||||||||
Bumi Resources PT | 983,901 | 245 | ||||||||||
Telekomunikasi Indonesia PT | 469,600 | 478 | ||||||||||
Ireland - 0.3% | ||||||||||||
Accenture PLC - Class A | 932 | 42 | ||||||||||
Covidien PLC | 7,212 | 288 | ||||||||||
Ingersoll-Rand PLC | 900 | 35 | ||||||||||
XL Group PLC - Class A | 61,571 | 1,302 | ||||||||||
Israel - 0.2% | ||||||||||||
Check Point Software Technologies, Ltd. ‡ | 1,200 | 51 | ||||||||||
Teva Pharmaceutical Industries, Ltd. | ADR | 14,980 | 778 | |||||||||
Italy - 0.4% | ||||||||||||
Assicurazioni Generali SpA | 3,800 | 83 | ||||||||||
ENI SpA | 39,100 | 881 | ||||||||||
Intesa Sanpaolo SpA | 108,900 | 383 | ||||||||||
Telecom Italia SpA | 127,400 | 195 | ||||||||||
UniCredit SpA | 262,000 | 684 | ||||||||||
Japan - 6.1% | ||||||||||||
Aisin Seiki Co., Ltd. | 8,530 | 268 | ||||||||||
Astellas Pharma, Inc. | 6,500 | 242 | ||||||||||
Bank of Kyoto, Ltd. ^ | 22,560 | 202 | ||||||||||
Bridgestone Corp. | 11,100 | 199 | ||||||||||
Canon, Inc. | 16,564 | 766 | ||||||||||
Coca-Cola Central Japan Co., Ltd. | 5,749 | 73 | ||||||||||
Coca-Cola West Co., Ltd. | 17,081 | 261 | ||||||||||
Daihatsu Motor Co., Ltd. ^ | 15,980 | 216 | ||||||||||
Daikin Industries, Ltd. | 1,700 | 59 | ||||||||||
Dainippon Sumitomo Pharma Co., Ltd. | 1,000 | 9 | ||||||||||
Daiwa House Industry Co., Ltd. | 19,670 | 213 | ||||||||||
Denso Corp. ^ | 10,070 | 313 | ||||||||||
East Japan Railway Co. | 22,726 | 1,405 | ||||||||||
Fanuc, Ltd. | 2,150 | 312 | ||||||||||
Fuji Heavy Industries, Ltd. | 68,420 | 474 | ||||||||||
Fujitsu, Ltd. | 14,600 | 100 | ||||||||||
Futaba Industrial Co., Ltd. ‡ ^ | 19,400 | 103 | ||||||||||
Hitachi Chemical Co., Ltd. | 15,100 | 281 | ||||||||||
Hokkaido Coca-Cola Bottling Co., Ltd. | 6,800 | 34 | ||||||||||
Honda Motor Co., Ltd. | 15,282 | 558 | ||||||||||
Hoya Corp. | 25,589 | 598 | ||||||||||
INPEX Corp. | 166 | 863 | ||||||||||
Japan Real Estate Investment Corp. REIT | 9 | 87 | ||||||||||
Japan Retail Fund Investment Corp. REIT ^ | 19 | 30 |
Transamerica Funds | Annual Report 2010 |
Page 52
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||||||
Japan (continued) | ||||||||||||
JGC Corp. | 26,410 | $ | 506 | |||||||||
KDDI Corp. | 181 | 975 | ||||||||||
Kinden Corp. | 20,600 | 177 | ||||||||||
Kirin Holdings Co., Ltd. | 36,500 | 501 | ||||||||||
Komatsu, Ltd. | 10,300 | 252 | ||||||||||
Kubota Corp. ^ | 84,884 | 756 | ||||||||||
Kuraray Co., Ltd. | 18,530 | 266 | ||||||||||
Kyowa Hakko Kirin Co., Ltd. | 23,880 | 234 | ||||||||||
Mikuni Coca-Cola Bottling Co., Ltd. | 14,400 | 123 | ||||||||||
Mitsubishi Corp. | 57,120 | 1,373 | ||||||||||
Mitsubishi Tanabe Pharma Corp. | 13,000 | 213 | ||||||||||
Mitsubishi UFJ Financial Group, Inc. | 94,820 | 442 | ||||||||||
Mitsui & Co., Ltd. | 66,832 | 1,051 | ||||||||||
Mitsui O.S.K. Lines, Ltd. | 34,040 | 218 | ||||||||||
MS&AD Insurance Group Holdings | 42,017 | 1,009 | ||||||||||
Murata Manufacturing Co., Ltd. | 7,250 | 408 | ||||||||||
NGK Insulators, Ltd. | 11,900 | 180 | ||||||||||
Nintendo Co., Ltd. | 800 | 207 | ||||||||||
Nippon Building Fund, Inc. REIT | 12 | 117 | ||||||||||
Nippon Electric Glass Co., Ltd. | 9,800 | 126 | ||||||||||
Nippon Telegraph & Telephone Corp. | 10,630 | 483 | ||||||||||
NKSJ Holdings, Inc. ‡ | 88,380 | 607 | ||||||||||
Nomura Holdings, Inc. ^ | 36,060 | 187 | ||||||||||
NTT DoCoMo, Inc. | 849 | 1,430 | ||||||||||
NTT Urban Development Corp. ^ | 155 | 142 | ||||||||||
Okumura Corp. | 69,300 | 242 | ||||||||||
Rinnai Corp. ^ | 4,180 | 255 | ||||||||||
ROHM Co., Ltd. | 4,660 | 291 | ||||||||||
Sekisui House, Ltd. | 55,900 | 525 | ||||||||||
Seven & I Holdings Co., Ltd. | 25,457 | 593 | ||||||||||
Shin-Etsu Chemical Co., Ltd. | 19,176 | 970 | ||||||||||
Shionogi & Co., Ltd. | 15,120 | 263 | ||||||||||
Sony Corp. | ADR | 800 | 27 | |||||||||
Sony Financial Holdings, Inc. ^ | 49 | 170 | ||||||||||
Sumitomo Chemical Co., Ltd. ^ | 247,320 | 1,078 | ||||||||||
Sumitomo Electric Industries, Ltd. | 18,100 | 231 | ||||||||||
Sumitomo Mitsui Financial Group, Inc. | 10,780 | 323 | ||||||||||
Suzuki Motor Corp. | 44,662 | 1,088 | ||||||||||
Tadano, Ltd. ^ | 7,000 | 31 | ||||||||||
TDK Corp. | 4,120 | 235 | ||||||||||
Terumo Corp. ^ | 4,250 | 216 | ||||||||||
Toda Corp. | 65,400 | 221 | ||||||||||
Toho Co., Ltd. ^ | 16,181 | 250 | ||||||||||
Tokio Marine Holdings, Inc. | 47,000 | 1,325 | ||||||||||
Tokyo Gas Co., Ltd. | 122,370 | 576 | ||||||||||
Toyota Industries Corp. | 23,237 | 656 | ||||||||||
Toyota Motor Corp. | 10,470 | 372 | ||||||||||
UBE Industries, Ltd. | 118,900 | 291 | ||||||||||
West Japan Railway Co. | 99 | 368 | ||||||||||
Jersey, Channel Islands - 0.0%¥ | ||||||||||||
Shire PLC | ADR | 500 | 35 | |||||||||
Kazakhstan - 0.2% | ||||||||||||
KazMunaiGas Exploration Production | GDR | 49,200 | 846 | |||||||||
Korea, Republic of - 0.8% | ||||||||||||
Cheil Industries, Inc. | 2,500 | 210 | ||||||||||
Korean Reinsurance Co. | 4,365 | 49 | ||||||||||
KT Corp. | 1,650 | 65 | ||||||||||
KT Corp. | ADR | 24,940 | 516 | |||||||||
KT&G Corp. | 7,310 | 449 | ||||||||||
LG Corp. | 3,100 | 222 | ||||||||||
LG Display Co., Ltd. | 6,000 | 205 | ||||||||||
Mando Corp. ‡ | 600 | 69 | ||||||||||
Meritz Fire & Marine Insurance Co., Ltd. | 4,463 | 31 | ||||||||||
Paradise Co., Ltd. | 25,139 | 92 | ||||||||||
POSCO | 800 | 328 | ||||||||||
POSCO | ADR | 2,800 | 291 | |||||||||
Samsung Electronics Co., Ltd. | 1,350 | 893 | ||||||||||
Samsung Fine Chemicals Co., Ltd. | 3,800 | 226 | ||||||||||
SK Telecom Co., Ltd. | 2,960 | 449 | ||||||||||
Lithuania - 0.1% | ||||||||||||
Antofagasta PLC | 22,100 | 468 | ||||||||||
Luxembourg - 0.0%¥ | ||||||||||||
Millicom International Cellular SA | 1,500 | 142 | ||||||||||
Malaysia - 0.4% | ||||||||||||
Axiata Group Bhd ‡ | 193,500 | 279 | ||||||||||
British American Tobacco Malaysia Bhd ‡ | 12,900 | 193 | ||||||||||
IOI Corp., Bhd | 59,098 | 111 | ||||||||||
Plus Expressways Bhd | 318,081 | 450 | ||||||||||
Telekom Malaysia Bhd | 69,800 | 76 | ||||||||||
Tenaga Nasional Bhd | 104,357 | 295 | ||||||||||
YTL Power International Bhd | 809,305 | 608 | ||||||||||
Mexico - 0.2% | ||||||||||||
America Movil SAB de CV | ADR | 13,200 | 756 | |||||||||
Fomento Economico Mexicano SAB de CV | ADR | 3,200 | 176 | |||||||||
Netherlands - 0.2% | ||||||||||||
CNH Global NV ‡ | 1,300 | 52 | ||||||||||
Koninklijke KPN NV | 17,491 | 292 | ||||||||||
Koninklijke Philips Electronics NV | 8,800 | 265 | ||||||||||
Koninklijke Philips Electronics NV (NY Shares) | 1,800 | 55 | ||||||||||
Unilever NV | 3,900 | 116 | ||||||||||
Norway - 0.1% | ||||||||||||
DnB NOR ASA | 21,000 | 288 | ||||||||||
Statoil ASA | 20,100 | 439 | ||||||||||
Panama - 0.1% | ||||||||||||
McDermott International, Inc. ‡ | 34,742 | 536 | ||||||||||
Philippines - 0.1% | ||||||||||||
Philippine Long Distance Telephone Co. | ADR | 4,100 | 255 | |||||||||
Poland - 0.0%¥ | ||||||||||||
Powszechny Zaklad Ubezpieczen SA | 1,100 | 146 | ||||||||||
Russian Federation - 1.4% | ||||||||||||
Federal Hydrogenerating Co. ‡ | 1,050,759 | 54 | ||||||||||
Federal Hydrogenerating Co. | ADR ‡ | 222,046 | 1,149 | |||||||||
Gazprom OAO | ADR | 23,900 | 524 | |||||||||
Kuzbassrazrezugol ‡ | 820,060 | 287 | ||||||||||
LSR Group - 144A | GDR ‡ Ə | 78,700 | 640 | |||||||||
Magnitogorsk Iron & Steel Works | GDR | 17,200 | 215 | |||||||||
MMC Norilsk Nickel | ADR ^ | 14,034 | 262 | |||||||||
Novorossiysk Commercial Sea Port PJSC | GDR | 5,700 | 588 | |||||||||
Polyus Gold OJSC | ADR | 33,100 | 984 | |||||||||
Rosneft Oil Co. | GDR | 74,000 | 516 | |||||||||
Rushydro ‡ Ə | 1,823,967 | 93 |
Transamerica Funds | Annual Report 2010 |
Page 53
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||||||
Russian Federation (continued) | ||||||||||||
Sberbank of Russian Federation | 438,000 | $ | 1,452 | |||||||||
Uralkali | GDR | 1,400 | 35 | |||||||||
Singapore - 0.9% | ||||||||||||
Capitaland, Ltd. | 66,850 | 201 | ||||||||||
DBS Group Holdings, Ltd. | 22,770 | 245 | ||||||||||
Fraser and Neave, Ltd. | 102,000 | 492 | ||||||||||
Global Logistic Properties, Ltd. ‡ | 46,200 | 83 | ||||||||||
Keppel Corp., Ltd. | 82,510 | 635 | ||||||||||
MobileOne, Ltd. | 158,030 | 271 | ||||||||||
Oversea-Chinese Banking Corp. | 96,190 | 670 | ||||||||||
Parkway Holdings, Ltd. Ə | 162,830 | 497 | ||||||||||
Parkway Life REIT ‡ | 6,732 | 9 | ||||||||||
SembCorp Marine, Ltd. ^ | 54,510 | 194 | ||||||||||
Singapore Press Holdings, Ltd. ^ | 57,080 | 183 | ||||||||||
Singapore Telecommunications, Ltd. | 256,450 | 612 | ||||||||||
United Overseas Bank, Ltd. | 12,670 | 182 | ||||||||||
South Africa - 0.1% | ||||||||||||
Anglo Platinum, Ltd. ‡ | 1,435 | 141 | ||||||||||
AngloGold Ashanti, Ltd. | ADR | 2,500 | 118 | |||||||||
Impala Platinum Holdings, Ltd. | 4,900 | 139 | ||||||||||
Life Healthcare Group Holdings, Ltd. | 96,700 | 194 | ||||||||||
Sasol, Ltd. | 1,700 | 77 | ||||||||||
Spain - 0.4% | ||||||||||||
Banco Bilbao Vizcaya Argentaria SA | 22,300 | 293 | ||||||||||
Banco Santander SA | 71,800 | 922 | ||||||||||
Telefonica SA | 15,669 | 423 | ||||||||||
Telefonica SA | ADR | 4,000 | 325 | |||||||||
Switzerland - 1.2% | ||||||||||||
ACE, Ltd. | 20,546 | 1,220 | ||||||||||
Credit Suisse Group AG | 7,180 | 297 | ||||||||||
Credit Suisse Group AG | ADR | 1,000 | 42 | |||||||||
Garmin, Ltd. | 1,373 | 45 | ||||||||||
Nestle SA | 25,337 | 1,388 | ||||||||||
Noble Corp. | 1,086 | 37 | ||||||||||
Novartis AG | 11,788 | 683 | ||||||||||
Roche Holding AG | 2,825 | 415 | ||||||||||
Transocean, Ltd. ‡ | 7,582 | 481 | ||||||||||
Tyco Electronics, Ltd. | 3,932 | 125 | ||||||||||
Tyco International, Ltd. | 3,859 | 148 | ||||||||||
UBS AG ‡ | 22,200 | 375 | ||||||||||
Weatherford International, Ltd. ‡ | 20,346 | 342 | ||||||||||
Zurich Financial Services AG | 1,461 | 358 | ||||||||||
Taiwan - 0.9% | ||||||||||||
Asustek Computer, Inc. | 15,617 | 127 | ||||||||||
Catcher Technology Co., Ltd. | 28,100 | 75 | ||||||||||
Cheng Shin Rubber Industry Co., Ltd. | 82,500 | 184 | ||||||||||
Chunghwa Telecom Co., Ltd. | 146,396 | 342 | ||||||||||
Chunghwa Telecom Co., Ltd. | ADR | 27,108 | 635 | |||||||||
Compal Electronics, Inc. | 64,242 | 82 | ||||||||||
Delta Electronics, Inc. | 149,541 | 617 | ||||||||||
Far EasTone Telecommunications Co., Ltd. | 181,000 | 260 | ||||||||||
High Tech Computer Corp. | 35,262 | 795 | ||||||||||
Hon Hai Precision Industry Co., Ltd. | 82,042 | 311 | ||||||||||
Mediatek, Inc. | 13,025 | 164 | ||||||||||
Pegatron Corp. ‡ | 42,034 | 57 | ||||||||||
Taiwan Semiconductor Manufacturing Co., Ltd. | 315,888 | 648 | ||||||||||
Thailand - 0.2% | ||||||||||||
Hana Microelectronics PCL | 125,158 | 104 | ||||||||||
PTT PCL | 38,097 | 385 | ||||||||||
PTT Chemical PCL | 24,866 | 117 | ||||||||||
Siam Commercial Bank PCL | 132,075 | 452 | ||||||||||
Turkey - 0.4% | ||||||||||||
Bim Birlesik Magazalar AS | 10,800 | 371 | ||||||||||
Tupras Turkiye Petrol Rafinerileri AS | 12,362 | 329 | ||||||||||
Turk Telekomunikasyon AS | 70,080 | 327 | ||||||||||
Turkcell Iletisim Hizmet AS | 30,147 | 216 | ||||||||||
Turkiye Garanti Bankasi AS | 89,836 | 542 | ||||||||||
United Kingdom - 2.3% | ||||||||||||
Anglo American PLC | 15,200 | 708 | ||||||||||
AstraZeneca PLC | ADR | 1,100 | 55 | |||||||||
BG Group PLC | 56,300 | 1,097 | ||||||||||
BP PLC | 99,069 | 676 | ||||||||||
BP PLC | ADR | 20,400 | 833 | |||||||||
British American Tobacco PLC | 8,006 | 305 | ||||||||||
BT Group PLC — Class A | 87,500 | 215 | ||||||||||
Diageo PLC | ADR | 15,538 | 1,150 | |||||||||
Ensco PLC | ADR | 900 | 42 | |||||||||
GlaxoSmithKline PLC | ADR | 1,100 | 43 | |||||||||
Guinness Peat Group PLC ^ | 431,377 | 237 | ||||||||||
HSBC Holdings PLC | 137,128 | 1,425 | ||||||||||
International Power PLC | 50,500 | 338 | ||||||||||
Lloyds TSB Group PLC ‡ | 424,116 | 469 | ||||||||||
National Grid PLC | 102,900 | 973 | ||||||||||
Prudential PLC | 11,000 | 111 | ||||||||||
Royal Dutch Shell PLC — Class A | ADR | 8,031 | 521 | |||||||||
Standard Chartered PLC | 9,800 | 284 | ||||||||||
Unilever PLC | 8,586 | 248 | ||||||||||
Unilever PLC | ADR | 4,600 | 133 | |||||||||
Vodafone Group PLC | 326,122 | 888 | ||||||||||
Vodafone Group PLC | ADR | 22,361 | 615 | |||||||||
United States - 29.3% | ||||||||||||
3M Co. | 8,700 | 733 | ||||||||||
Abbott Laboratories | 22,227 | 1,141 | ||||||||||
Adobe Systems, Inc. ‡ | 5,500 | 155 | ||||||||||
Advance Auto Parts, Inc. | 763 | 49 | ||||||||||
Advanced Micro Devices, Inc. ‡ | 40,500 | 297 | ||||||||||
AES Corp. ‡ | 24,997 | 299 | ||||||||||
Aetna, Inc. | 25,160 | 751 | ||||||||||
Agilent Technologies, Inc. ‡ | 9,700 | 338 | ||||||||||
Allergan, Inc. | 2,900 | 210 | ||||||||||
Alliance Resource Partners, LP | 4,173 | 246 | ||||||||||
Allstate Corp. | 5,616 | 171 | ||||||||||
Altera Corp. | 1,600 | 50 | ||||||||||
Altria Group, Inc. | 21,462 | 546 | ||||||||||
American Commercial Lines, Inc. ‡ | 10,577 | 351 | ||||||||||
American Electric Power Co., Inc. | 11,672 | 437 | ||||||||||
American Tower Corp. — Class A ‡ | 9,450 | 488 | ||||||||||
American Water Works Co., Inc. | 10,772 | 257 | ||||||||||
AmerisourceBergen Corp. — Class A | 8,834 | 290 | ||||||||||
Amgen, Inc. ‡ | 10,616 | 607 | ||||||||||
Amphenol Corp. — Class A ^ | 1,518 | 76 | ||||||||||
Anadarko Petroleum Corp. | 12,993 | 800 | ||||||||||
Analog Devices, Inc. | 2,646 | 89 | ||||||||||
AOL, Inc. ‡ | 603 | 16 |
Transamerica Funds | Annual Report 2010 |
Page 54
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
United States (continued) | ||||||||
Apache Corp. | 7,833 | $ | 791 | |||||
Apple, Inc. ‡ ■ | 16,501 | 4,965 | ||||||
Arch Capital Group, Ltd. ‡ | 3,500 | 302 | ||||||
Ascent Media Corp. ‡ | 50 | 1 | ||||||
AT&T, Inc. | 102,092 | 2,909 | ||||||
Autodesk, Inc. ‡ | 1,300 | 47 | ||||||
Babcock & Wilcox Co. ‡ | 17,371 | 396 | ||||||
Bank of America Corp. | 133,119 | 1,523 | ||||||
Bank of New York Mellon Corp. | 39,918 | 1,000 | ||||||
Biogen Idec, Inc. ‡ | 808 | 51 | ||||||
BMC Software, Inc. ‡ | 1,669 | 76 | ||||||
Boeing Co. | 14,498 | 1,024 | ||||||
Boston Scientific Corp. ‡ | 3,904 | 25 | ||||||
Bristol-Myers Squibb Co. | 122,360 | 3,290 | ||||||
Broadcom Corp. - Class A | 4,938 | 201 | ||||||
Bunge, Ltd. | 6,943 | 417 | ||||||
CA, Inc. | 36,260 | 842 | ||||||
Cablevision Systems Corp. - Class A | 1,378 | 37 | ||||||
Capital One Financial Corp. | 800 | 30 | ||||||
Cardinal Health, Inc. | 1,259 | 44 | ||||||
CareFusion Corp. ‡ | 1,235 | 30 | ||||||
Celgene Corp. ‡ | 4,500 | 279 | ||||||
CenturyLink, Inc. | 6,633 | 274 | ||||||
Cephalon, Inc. ‡ ^ | 500 | 33 | ||||||
CF Industries Holdings, Inc. ■ | 10,621 | 1,301 | ||||||
Charter Communications, Inc. ‡ | 1,900 | 62 | ||||||
Chesapeake Energy Corp. | 9,546 | 207 | ||||||
Chevron Corp. | 36,066 | 2,979 | ||||||
Chubb Corp. | 9,110 | 529 | ||||||
CIGNA Corp. | 10,210 | 359 | ||||||
Cimarex Energy Co. | 600 | 46 | ||||||
Cisco Systems, Inc. ‡ | 61,198 | 1,397 | ||||||
Citigroup, Inc. ‡ | 315,764 | 1,317 | ||||||
CMS Energy Corp. | 12,273 | 226 | ||||||
CAN Financial Corp. ‡ | 1,500 | 42 | ||||||
Coca-Cola Co. | 6,468 | 396 | ||||||
Cognizant Technology Solutions Corp. - Class A ‡ | 2,604 | 170 | ||||||
Colgate-Palmolive Co. | 10,424 | 804 | ||||||
Comcast Corp. - Class A | 64,668 | 1,332 | ||||||
Complete Production Services, Inc. ‡ | 10,845 | 254 | ||||||
Computer Sciences Corp. | 2,188 | 107 | ||||||
Comverse Technology, Inc. ‡ | 28,819 | 231 | ||||||
ConAgra Foods, Inc. | 6,760 | 152 | ||||||
ConocoPhillips | 29,040 | 1,725 | ||||||
Consol Energy, Inc. | 40,370 | 1,484 | ||||||
Constellation Brands, Inc. - Class A ‡ | 4,710 | 93 | ||||||
Constellation Energy Group, Inc. | 900 | 27 | ||||||
Corning, Inc. ■ | 68,210 | 1,247 | ||||||
Crown Holdings, Inc. ‡ | 7,086 | 228 | ||||||
CVS Caremark Corp. | 18,068 | 544 | ||||||
Darden Restaurants, Inc. | 800 | 37 | ||||||
DaVita, Inc. ‡ | 6,549 | 470 | ||||||
Dell, Inc. ‡ ■ | 76,281 | 1,097 | ||||||
Devon Energy Corp. | 12,269 | 798 | ||||||
DIRECTV - Class A ‡ | 15 | 1 | ||||||
Discovery Communications, Inc. - Class A ‡ | 382 | 17 | ||||||
Discovery Communications, Inc. - Class C ‡ | 500 | 19 | ||||||
DISH Network Corp. - Class A | 7,080 | 141 | ||||||
Dollar Tree, Inc. ‡ | 1,050 | 54 | ||||||
Domtar Corp. ■ | 3,800 | 302 | ||||||
Dow Chemical Co. | 24,692 | 761 | ||||||
Dr. Pepper Snapple Group, Inc. | 4,737 | 173 | ||||||
E.I. du Pont de Nemours & Co. | 17,032 | 805 | ||||||
Eastman Chemical Co. | 1,000 | 79 | ||||||
Eaton Corp. | 518 | 46 | ||||||
eBay, Inc. ‡ | 12,509 | 373 | ||||||
El Paso Corp. | 85,863 | 1,139 | ||||||
Electronic Arts, Inc. ‡ | 23,430 | 371 | ||||||
Eli Lilly & Co. | 7,335 | 258 | ||||||
EMC Corp. ‡ | 29,591 | 622 | ||||||
Endo Pharmaceuticals Holdings, Inc. ‡ | 2,177 | 80 | ||||||
Energizer Holdings, Inc. ‡ | 600 | 45 | ||||||
Entergy Corp. | 6,542 | 488 | ||||||
Exco Resources, Inc. | 52,874 | 784 | ||||||
Exelon Corp. | 14,137 | 577 | ||||||
Expedia, Inc. | 1,570 | 46 | ||||||
Exxon Mobil Corp. | 79,620 | 5,292 | ||||||
Fidelity National Financial, Inc. - Class A | 43,180 | 578 | ||||||
Fidelity National Information Services, Inc. | 1,367 | 37 | ||||||
FMC Corp. | 17,977 | 1,315 | ||||||
Ford Motor Co. ‡ | 35,800 | 506 | ||||||
Forest Laboratories, Inc. ‡ | 3,194 | 106 | ||||||
Freeport-McMoRan Copper & Gold, Inc. | 7,588 | 718 | ||||||
Gap, Inc. | 2,250 | 43 | ||||||
General Communication, Inc. - Class A ‡ | 3,024 | 32 | ||||||
General Electric Co. | 181,030 | 2,900 | ||||||
General Mills, Inc. | 11,328 | 425 | ||||||
Genzyme Corp. ‡ | 9,271 | 669 | ||||||
Gilead Sciences, Inc. ‡ | 15,291 | 607 | ||||||
Global Industries, Ltd. ‡ ^ | 56,763 | 329 | ||||||
Goldman Sachs Group, Inc. | 8,740 | 1,407 | ||||||
Google, Inc. - Class A ‡ | 2,836 | 1,738 | ||||||
Halliburton Co. | 22,542 | 718 | ||||||
Harris Corp. | 1,179 | 53 | ||||||
Healthsouth Corp. ‡ ^ | 12,005 | 217 | ||||||
Hess Corp. | 9,161 | 577 | ||||||
Hewlett-Packard Co. ■ | 36,975 | 1,555 | ||||||
HJ Heinz Co. | 4,594 | 226 | ||||||
Hologic, Inc. ‡ | 46,316 | 742 | ||||||
Hospira, Inc. ‡ | 1,600 | 95 | ||||||
Humana, Inc. ‡ | 9,246 | 539 | ||||||
Intel Corp. | 56,465 | 1,132 | ||||||
International Business Machines Corp. | 24,187 | 3,473 | ||||||
International Game Technology | 20,247 | 316 | ||||||
International Paper Co. | 6,110 | 154 | ||||||
Intuit, Inc. ‡ | 1,000 | 48 | ||||||
Johnson & Johnson | 49,761 | 3,168 | ||||||
JPMorgan Chase & Co. | 67,210 | 2,529 | ||||||
KBR, Inc. | 12,082 | 307 | ||||||
Kimberly-Clark Corp. | 500 | 32 | ||||||
King Pharmaceuticals, Inc. ‡ | 3,274 | 46 | ||||||
Kraft Foods, Inc. - Class A | 34,046 | 1,098 | ||||||
L-3 Communications Holdings, Inc. | 800 | 58 |
Transamerica Funds | Annual Report 2010 |
Page 55
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
United States (continued) | ||||||||
Lexmark International, Inc. - Class A ‡ | 9,494 | $ | 361 | |||||
Liberty Global, Inc. ‡ | 1,400 | 53 | ||||||
Liberty Media Corp. - Capital ‡ | 4 | ♦ | ||||||
Liberty Media Corp. - Interactive ‡ | 567 | 8 | ||||||
Liberty Media Corp. - Starz ‡ | 1 | ♦ | ||||||
Life Technologies Corp. ‡ | 7,267 | 365 | ||||||
Limited Brands, Inc. | 1,517 | 45 | ||||||
Lincoln National Corp. | 1,600 | 39 | ||||||
Lockheed Martin Corp. | 10,373 | 739 | ||||||
Lorillard, Inc. | 2,485 | 212 | ||||||
Lubrizol Corp. | 406 | 42 | ||||||
Macy’s, Inc. | 1,900 | 45 | ||||||
Marathon Oil Corp. | 26,575 | 945 | ||||||
Mattel, Inc. | 16,807 | 392 | ||||||
McDonald’s Corp. | 7,217 | 561 | ||||||
McGraw-Hill Cos., Inc. | 1,500 | 56 | ||||||
McKesson Corp. | 8,058 | 532 | ||||||
Mead Johnson Nutrition Co. - Class A | 15,144 | 891 | ||||||
MeadWestvaco Corp. | 1,529 | 39 | ||||||
Medco Health Solutions, Inc. ‡ | 11,811 | 620 | ||||||
Medtronic, Inc. | 27,378 | 963 | ||||||
Merck & Co., Inc. | 55,343 | 2,008 | ||||||
MetLife, Inc. | 13,628 | 550 | ||||||
Mettler-Toledo International, Inc. ‡ | 1,455 | 190 | ||||||
Micron Technology, Inc. ‡ | 4,300 | 36 | ||||||
Microsoft Corp. | 155,972 | 4,155 | ||||||
Molson Coors Brewing Co. - Class B | 900 | 43 | ||||||
Morgan Stanley | 31,293 | 778 | ||||||
Motorola, Inc. ‡ | 53,367 | 435 | ||||||
Murphy Oil Corp. | 3,031 | 197 | ||||||
Mylan, Inc. ‡ | 1,598 | 32 | ||||||
Nabors Industries, Ltd. ‡ | 3,564 | 74 | ||||||
National Oilwell Varco, Inc. | 17,059 | 917 | ||||||
National Semiconductor Corp. | 2,182 | 30 | ||||||
Newmont Mining Corp. | 28,155 | 1,714 | ||||||
News Corp. - Class A | 24,780 | 358 | ||||||
Nextera Energy, Inc. | 14,054 | 774 | ||||||
NII Holdings, Inc. ‡ | 1,000 | 42 | ||||||
Northern Trust Corp. | 17,516 | 869 | ||||||
Northrop Grumman Corp. | 7,841 | 496 | ||||||
NRG Energy, Inc. ‡ | 5,580 | 111 | ||||||
Occidental Petroleum Corp. | 15,806 | 1,243 | ||||||
Oracle Corp. | 56,270 | 1,654 | ||||||
Pall Corp. | 2,303 | 98 | ||||||
Parker Hannifin Corp. | 600 | 46 | ||||||
PartnerRe, Ltd. | 2,019 | 160 | ||||||
PerkinElmer, Inc. | 7,767 | 182 | ||||||
Perrigo Co. | 6,800 | 448 | ||||||
Pfizer, Inc. | 137,159 | 2,387 | ||||||
PG&E Corp. | 6,397 | 306 | ||||||
PharMerica Corp. ‡ ^ | 283 | 3 | ||||||
Philip Morris International, Inc. | 13,391 | 783 | ||||||
Pitney Bowes, Inc. | 1,357 | 30 | ||||||
Polo Ralph Lauren Corp. - Class A | 400 | 39 | ||||||
Polycom, Inc. ‡ | 17,045 | 576 | ||||||
PPG Industries, Inc. | 900 | 69 | ||||||
PPL Corp. | 19,200 | 516 | ||||||
Praxair, Inc. | 3,037 | 277 | ||||||
Precision Castparts Corp. | 3,420 | 467 | ||||||
Pride International, Inc. ‡ | 1,000 | 30 | ||||||
Principal Financial Group, Inc. | 5,146 | 138 | ||||||
Procter & Gamble Co. | 29,356 | 1,866 | ||||||
Progressive Corp. | 12,040 | 255 | ||||||
QUALCOMM, Inc. | 44,597 | 2,012 | ||||||
Qwest Communications International, Inc. | 102,289 | 675 | ||||||
R.R. Donnelley & Sons Co. | 1,913 | 35 | ||||||
Ralcorp Holdings, Inc. ‡ | 1,024 | 64 | ||||||
Raytheon Co. | 5,231 | 241 | ||||||
Ross Stores, Inc. | 708 | 42 | ||||||
Ryder System, Inc. | 855 | 37 | ||||||
Safeway, Inc. ^ | 1,370 | 31 | ||||||
SanDisk Corp. ‡ | 1,094 | 41 | ||||||
Sara Lee Corp. | 49,898 | 715 | ||||||
Schlumberger, Ltd. | 19,680 | 1,376 | ||||||
Seagate Technology PLC ‡ | 2,100 | 31 | ||||||
Sears Holdings Corp. ‡ | 400 | 29 | ||||||
Sempra Energy | 900 | 48 | ||||||
Simon Property Group, Inc. REIT | 3,100 | 298 | ||||||
SM Energy Co. | 11,001 | 459 | ||||||
Southern Co. | 6,550 | 248 | ||||||
Southwest Airlines Co. | 3,200 | 44 | ||||||
Spirit Aerosystems Holdings, Inc. - Class A ‡ | 28,411 | 615 | ||||||
Sprint Nextel Corp. ‡ | 40,066 | 165 | ||||||
St. Joe Co. ‡ | 13,653 | 276 | ||||||
State Street Corp. | 12,088 | 505 | ||||||
Stryker Corp. | 700 | 35 | ||||||
SUPERVALU, Inc. | 2,749 | 30 | ||||||
Symantec Corp. ‡ ■ | 32,072 | 519 | ||||||
Target Corp. | 700 | 36 | ||||||
Teradata Corp. ‡ | 1,941 | 76 | ||||||
Texas Instruments, Inc. | 27,118 | 802 | ||||||
Thermo Fisher Scientific, Inc. ‡ | 10,174 | 523 | ||||||
Time Warner Cable, Inc. | 3,273 | 189 | ||||||
Time Warner, Inc. | 6,603 | 215 | ||||||
TJX Cos., Inc. | 1,000 | 46 | ||||||
Total System Services, Inc. ^ | 2,932 | 46 | ||||||
Transatlantic Holdings, Inc. | 2,420 | 127 | ||||||
Travelers Cos., Inc. | 18,925 | 1,044 | ||||||
U.S. Bancorp | 44,539 | 1,077 | ||||||
Union Pacific Corp. | 21,787 | 1,911 | ||||||
United Technologies Corp. ■ | 12,584 | 941 | ||||||
UnitedHealth Group, Inc. | 21,220 | 765 | ||||||
Unum Group | 1,502 | 34 | ||||||
URS Corp. ‡ | 700 | 27 | ||||||
Valero Energy Corp. | 17,109 | 307 | ||||||
VeriSign, Inc. ‡ | 1,468 | 51 | ||||||
Verizon Communications, Inc. | 58,873 | 1,912 | ||||||
Viacom, Inc. - Class B | 26,001 | 1,003 | ||||||
Wal-Mart Stores, Inc. | 31,618 | 1,713 | ||||||
Waters Corp. ‡ | 5,351 | 397 | ||||||
WellPoint, Inc. ‡ | 18,012 | 979 | ||||||
Wells Fargo & Co. | 89,724 | 2,340 | ||||||
Western Digital Corp. ‡ | 3,218 | 103 |
Transamerica Funds | Annual Report 2010 |
Page 56
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
United States (continued) | ||||||||
Whirlpool Corp. | 400 | $ | 30 | |||||
Williams Cos., Inc. | 2,000 | 43 | ||||||
Windstream Corp. | 5,904 | 75 | ||||||
Wisconsin Energy Corp. | 593 | 35 | ||||||
Wyndham Worldwide Corp. | 1,500 | 43 | ||||||
Xerox Corp. | 60,025 | 702 | ||||||
Xilinx, Inc. | 1,290 | 35 | ||||||
Total Common Stocks (cost $256,192) | 283,509 | |||||||
INVESTMENT COMPANIES - 4.2% | ||||||||
United States - 4.1% | ||||||||
Consumer Staples Select Sector SPDR Fund | 15,861 | 456 | ||||||
Energy Select Sector SPDR Fund | 48,185 | 2,853 | ||||||
Financial Select Sector SPDR Fund ^ | 47,010 | 684 | ||||||
Health Care Select Sector SPDR Fund | 15,879 | 494 | ||||||
iShares Dow Jones U.S. Telecommunications Sector Index Fund | 8,925 | 197 | ||||||
iShares MSCI Brazil Index Fund | 3,800 | 293 | ||||||
iShares Silver Trust ^ | 44,600 | 1,078 | ||||||
Market Vectors - Gold Miners ETF | 53,673 | 3,073 | ||||||
SPDR Gold Shares | 64,282 | 8,527 | ||||||
SPDR KBW Regional Banking Trust ETF | 10,207 | 231 | ||||||
Technology Select Sector SPDR Fund | 44,400 | 1,081 | ||||||
Utilities Select Sector SPDR Fund | 42,200 | 1,340 | ||||||
Vanguard Telecommunication Services ETF | 400 | 25 | ||||||
Vietnam - 0.1% | ||||||||
Dragon Capital - Vietnam Enterprise Investments, Ltd. Ə | 51,468 | 113 | ||||||
Vinaland, Ltd. | 243,300 | 203 | ||||||
Total Investment Companies (cost $16,038) | 20,648 | |||||||
RIGHTS - 0.0%¥ | ||||||||
Spain - 0.0%¥ | ||||||||
Banco Santander SA ‡ ^ | 71,800 | 12 | ||||||
United Kingdom - 0.0%¥ | ||||||||
Standard Chartered PLC ‡ | 1,225 | 10 | ||||||
Total Rights (cost $12) | 22 | |||||||
Notional | ||||||||
Amount | Value | |||||||
PURCHASED OPTIONS - 0.1% | ||||||||
Call Options - 0.1% | ||||||||
CIT SW Taiwan Taiex Index | $ | 3 | $ | 59 | ||||
Call Strike $7531.94 | ||||||||
Expires 12/21/2011 | ||||||||
American Commercial Lines Inc. | 1 | 4 | ||||||
Call Strike $30.00 | ||||||||
Expires 12/18/2010 | ||||||||
Deutsche Bank MSCI Europe Excluding | ||||||||
United Kingdom Index | 49 | 170 | ||||||
Call Strike $96.02 | ||||||||
Expires 09/01/2011 | ||||||||
Google, Inc. Class A | 1 | 25 | ||||||
Call Strike $620.00 | ||||||||
Expires 12/18/2010 | ||||||||
Put Options - 0.0%¥ | ||||||||
KOSPI 200 Index | 3,300 | 46 | ||||||
Put Strike $230.71 | ||||||||
Expires 12/08/2011 | ||||||||
Total Purchased Options (cost $75) | 304 | |||||||
Principal | Value | |||||||||||
CONVERTIBLE BONDS - 7.5% | ||||||||||||
Bermuda - 0.0%¥ | ||||||||||||
Celestial Nutrifoods, Ltd. | ||||||||||||
Zero Coupon, 06/12/2011 § | SGD | 1,400 | 216 | |||||||||
Canada - 0.4% | ||||||||||||
Daylight Energy, Ltd. | ||||||||||||
6.25%, 12/31/2014 | CAD | 223 | 234 | |||||||||
Petrobakken Energy, Ltd. | ||||||||||||
3.13%, 02/08/2016 - Reg S | $ | 900 | 864 | |||||||||
Sino-Forest Corp. | ||||||||||||
5.00%, 08/01/2013 - 144A § | 775 | 942 | ||||||||||
Cayman Islands - 0.5% | ||||||||||||
China Milk Products Group, Ltd. | ||||||||||||
Zero Coupon, 01/05/2012 | 600 | 252 | ||||||||||
FU JI Food and Catering Services Holdings, Ltd. | ||||||||||||
Zero Coupon, 10/18/2010 Џ | CNY | 2,700 | 77 | |||||||||
Pyrus, Ltd. | ||||||||||||
7.50%, 12/20/2015 | $ | 500 | 533 | |||||||||
Subsea 7, Inc. | ||||||||||||
2.80%, 06/06/2011 | 400 | 402 | ||||||||||
Zeus Cayman | ||||||||||||
Zero Coupon, 08/19/2013 | JPY | 92,000 | 1,141 | |||||||||
China - 0.2% | ||||||||||||
China Petroleum & Chemical Corp. | ||||||||||||
Zero Coupon, 04/24/2014 | HKD | 5,240 | 764 | |||||||||
Germany - 0.3% | ||||||||||||
Kreditanstalt fuer Wiederaufbau | ||||||||||||
3.25%, 06/27/2013 | EUR | 900 | 1,314 | |||||||||
Hong Kong - 0.0%¥ | ||||||||||||
Hongkong Land CB 2005, Ltd. | ||||||||||||
2.75%, 12/21/2012 - Reg S | $ | 100 | 179 | |||||||||
Hungary - 0.0%¥ | ||||||||||||
Magyar Nemzeti Vagyonkezel Zrt | ||||||||||||
4.40%, 09/25/2014 | EUR | 100 | 143 | |||||||||
India - 1.0% | ||||||||||||
Gujarat NRE Coke, Ltd. | ||||||||||||
Zero Coupon, 04/12/2011 | $ | 100 | 136 | |||||||||
Jaiprakash Associates, Ltd. | ||||||||||||
Zero Coupon, 09/12/2012 | 102 | 135 | ||||||||||
Ranbaxy Laboratories, Ltd. | ||||||||||||
Zero Coupon, 03/18/2011 | 227 | 284 | ||||||||||
REI Agro, Ltd. | ||||||||||||
5.50%, 11/13/2014 - 144A § | 640 | 653 | ||||||||||
Reliance Communications, Ltd. | ||||||||||||
Zero Coupon, 05/10/2011 | 475 | 590 | ||||||||||
Zero Coupon, 03/06/2012 | 1,300 | 1,560 | ||||||||||
Suzlon Energy, Ltd. | ||||||||||||
Zero Coupon, 06/12/2012 - 10/11/2012 | 775 | 782 | ||||||||||
Zero Coupon, 07/25/2014 ∆ | 592 | 521 |
Transamerica Funds | Annual Report 2010 |
Page 57
Table of Contents
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||||||
India (continued) | ||||||||||||
Tata Steel, Ltd. | ||||||||||||
1.00%, 09/05/2012 | $ | 300 | $ | 364 | ||||||||
Japan - 0.0%¥ | ||||||||||||
Nagoya Railroad Co., Ltd. | ||||||||||||
Zero Coupon, 03/30/2012 | JPY | 3,000 | 37 | |||||||||
Jersey, Channel Islands - 0.7% | ||||||||||||
Aldar Funding, Ltd. | ||||||||||||
5.77%, 11/10/2011 | $ | 225 | 221 | |||||||||
Dana Gas Sukuk, Ltd. | ||||||||||||
7.50%, 10/31/2012 | 2,640 | 2,529 | ||||||||||
Fresenius Finance Jersey, Ltd. | ||||||||||||
5.63%, 08/14/2011 | EUR | 200 | 348 | |||||||||
Shire PLC | ||||||||||||
2.75%, 05/09/2014 | $ | 427 | 434 | |||||||||
Luxembourg - 0.1% | ||||||||||||
Acergy SA | ||||||||||||
2.25%, 10/11/2013 | 100 | 112 | ||||||||||
Actelion Finance SCA | ||||||||||||
Zero Coupon, 11/22/2011 | CHF | 320 | 350 | |||||||||
Malaysia - 0.6% | ||||||||||||
Berjaya Land Bhd | ||||||||||||
8.00%, 08/15/2011 | MYR | 1,240 | 412 | |||||||||
Cherating Capital, Ltd. | ||||||||||||
2.00%, 07/05/2012 * | $ | 500 | 632 | |||||||||
IOI Capital Bhd | ||||||||||||
Zero Coupon, 12/18/2011 | 445 | 642 | ||||||||||
Paka Capital, Ltd. | ||||||||||||
Zero Coupon, 03/12/2013 | 200 | 208 | ||||||||||
Rafflesia Capital, Ltd. | ||||||||||||
1.25%, 10/04/2011 * | 800 | 1,089 | ||||||||||
Singapore - 1.1% | ||||||||||||
Capitaland, Ltd. | ||||||||||||
2.10%, 11/15/2016 | SGD | 750 | 577 | |||||||||
2.95%, 06/20/2022 | SGD | 1,750 | 1,264 | |||||||||
3.13%, 03/05/2018 | SGD | 1,750 | 1,406 | |||||||||
Keppel Land, Ltd. | ||||||||||||
2.50%, 06/23/2013 | SGD | 200 | 162 | |||||||||
Olam International, Ltd. | ||||||||||||
6.00%, 10/15/2016 | $ | 400 | 545 | |||||||||
Wilmar International, Ltd. | ||||||||||||
Zero Coupon, 12/18/2012 | 300 | 416 | ||||||||||
Yanlord Land Group, Ltd. | ||||||||||||
5.85%, 07/13/2014 | SGD | 750 | 607 | |||||||||
Ying Li International Real Estate Ltd | ||||||||||||
4.00%, 03/03/2015 | SGD | 750 | 490 | |||||||||
Spain - 0.1% | ||||||||||||
Telvent GIT SA | ||||||||||||
5.50%, 04/15/2015 - 144A | $ | 339 | 364 | |||||||||
United Kingdom - 0.0%¥ | ||||||||||||
Anglo American PLC | ||||||||||||
4.00%, 05/07/2014 - Reg S | 100 | 178 | ||||||||||
United States - 2.5% | ||||||||||||
Advanced Micro Devices, Inc. | ||||||||||||
6.00%, 05/01/2015 | 1,491 | 1,481 | ||||||||||
Amylin Pharmaceuticals, Inc. | ||||||||||||
3.00%, 06/15/2014 | 560 | 483 | ||||||||||
Central European Distribution Corp. | ||||||||||||
3.00%, 03/15/2013 | 61 | 57 | ||||||||||
Chesapeake Energy Corp. | ||||||||||||
2.50%, 05/15/2037 | 1,186 | 1,022 | ||||||||||
Gilead Sciences, Inc. | ||||||||||||
0.50%, 05/01/2011 | 183 | 196 | ||||||||||
0.63%, 05/01/2013 | 610 | 710 | ||||||||||
1.63%, 05/01/2016 - 144A | 148 | 164 | ||||||||||
Helix Energy Solutions Group, Inc. | ||||||||||||
3.25%, 12/15/2025 | 200 | 191 | ||||||||||
Hologic, Inc. | ||||||||||||
2.00%, 12/15/2037 * | 1,841 | 1,735 | ||||||||||
Intel Corp. | ||||||||||||
2.95%, 12/15/2035 | 577 | 580 | ||||||||||
3.25%, 08/01/2039 | 1,046 | 1,241 | ||||||||||
Kinetic Concepts, Inc. | ||||||||||||
3.25%, 04/15/2015 - 144A | 110 | 113 | ||||||||||
King Pharmaceuticals, Inc. | ||||||||||||
1.25%, 04/01/2026 | 194 | 193 | ||||||||||
LifePoint Hospitals, Inc. | ||||||||||||
3.25%, 08/15/2025 | 348 | 345 | ||||||||||
3.50%, 05/15/2014 | 82 | 81 | ||||||||||
McMoRan Exploration Co. | ||||||||||||
5.25%, 10/06/2011 | 170 | 202 | ||||||||||
Mylan, Inc. | ||||||||||||
1.25%, 03/15/2012 ^ | 778 | 826 | ||||||||||
Omnicare, Inc. | ||||||||||||
3.25%, 12/15/2035 | 346 | 308 | ||||||||||
SanDisk Corp. | ||||||||||||
1.00%, 05/15/2013 | 1,348 | 1,265 | ||||||||||
SBA Communications Corp. | ||||||||||||
1.88%, 05/01/2013 | 251 | 278 | ||||||||||
4.00%, 10/01/2014 | 213 | 309 | ||||||||||
SM Energy Co. | ||||||||||||
3.50%, 04/01/2027 | 439 | 468 | ||||||||||
Sonosite, Inc. | ||||||||||||
3.75%, 07/15/2014 | 108 | 118 | ||||||||||
Total Convertible Bonds (cost $32,900) | 37,475 | |||||||||||
LOAN ASSIGNMENT - 0.1% | ||||||||||||
Metals & Mining - 0.1% | ||||||||||||
Multi Daerah Bersaing PT | ||||||||||||
7.29%, 04/13/2012 § ∆ | 429 | 427 | ||||||||||
Total Loan Assignment (cost $424) |
Transamerica Funds | Annual Report 2010 |
Page 58
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 6.8% | ||||||||
U.S. Treasury Bill | ||||||||
0.11%, 01/06/2011 ▲ | $ | 2,740 | $ | 2,739 | ||||
0.12%, 12/09/2010 ▲ | 16,964 | 16,962 | ||||||
0.13%, 12/02/2010 ▲ | 3,667 | 3,667 | ||||||
0.13%, 11/26/2010 ▲ | 6,870 | 6,869 | ||||||
0.14%, 12/16/2010 ▲ | 100 | 100 | ||||||
0.15%, 12/23/2010 ▲ | 3,500 | 3,499 | ||||||
Total Short-Term U.S. Government Obligations (cost $33,836) | 33,836 | |||||||
Shares | Value | |||||||
WARRANTS - 0.1% | ||||||||
United States - 0.1% | ||||||||
Bank of America Corp. ‡ | ||||||||
Expiration: 01/16/2019 | ||||||||
Exercise Price: $13.30 | 22,336 | 131 | ||||||
Ford Motor Co. ‡ | ||||||||
Expiration: 01/01/2013 | ||||||||
Exercise Price: $9.20 | 43,117 | 245 | ||||||
Canada - 0.0%∞ | ||||||||
Kinross Gold Corp. ‡ | ||||||||
Expiration: 09/03/2013 | ||||||||
Exercise Price: 32.00 CAD | 9,602 | 22 | ||||||
Total Warrants (cost $422) | 398 | |||||||
SECURITIES LENDING COLLATERAL - 1.4% | ||||||||
State Street Navigator Securities Lending Trust - Prime Portfolio, 0.35%▲ | 6,896,350 | 6,896 | ||||||
Total Securities Lending Collateral (cost $6,896) | ||||||||
Principal | Value | |||||||
REPURCHASE AGREEMENT - 0.0%∞ | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $24 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $28. | $ | 24 | 24 | |||||
Total Repurchase Agreement (cost $24) | ||||||||
Total Investment Securities (cost $453,797) # | 498,904 | |||||||
Other Assets and Liabilities - Net | (1,599 | ) | ||||||
Net Assets | $ | 497,305 | ||||||
Notional | ||||||||
Amount | Value | |||||||
WRITTEN OPTIONS - (0.1%) | ||||||||
Put Options - 0.0% | ||||||||
American Commercial Lines Inc. | $ | (1 | ) | ♦ | ||||
Put Strike $25.00 | ||||||||
Expires 12/18/2010 | ||||||||
CIT SW Taiwan Taiex Index | (3 | ) | ♦ | |||||
Put Strike 6,228.91 TWD | ||||||||
Expires 12/21/2011 | ||||||||
Deutsche Bank MSCI Europe | ||||||||
Excluding United Kingdom Index | (31 | ) | ♦ | |||||
Put Strike $90.74 | ||||||||
Expires 09/01/2011 | ||||||||
General Mills, Inc. | (3 | ) | (2 | ) | ||||
Put Strike $33.00 | ||||||||
Expires 04/16/2011 | ||||||||
General Mills, Inc. | (3 | ) | (3 | ) | ||||
Put Strike $34.00 | ||||||||
Expires 04/16/2011 | ||||||||
Google, Inc. Class A | (1 | ) | (16 | ) | ||||
Put Strike $590.00 | ||||||||
Expires 12/18/2010 | ||||||||
Mead Johnson Nutrition Co. | (2 | ) | ♦ | |||||
Put Strike $45.00 | ||||||||
Expires 01/22/2011 | ||||||||
SPX Index | (1 | ) | (34 | ) | ||||
Put Strike $988.57 | ||||||||
Expires 12/08/2011 | ||||||||
Call Options - (0.1%) | ||||||||
Agrium, Inc. | (4 | ) | (54 | ) | ||||
Call Strike $75.00 | ||||||||
Expires 01/22/2011 | ||||||||
Agrium, Inc. | (1 | ) | (27 | ) | ||||
Call Strike $70.00 | ||||||||
Expires 01/22/2011 | ||||||||
Agrium, Inc. | (4 | ) | (94 | ) | ||||
Call Strike $65.00 | ||||||||
Expires 01/22/2011 | ||||||||
Apple, Inc. | ♦ | (4 | ) | |||||
Call Strike $320.00 | ||||||||
Expires 01/22/2011 | ||||||||
CF Industries Holdings, Inc. | (4 | ) | (58 | ) | ||||
Call Strike $115.00 | ||||||||
Expires 01/22/2011 | ||||||||
CF Industries Holdings, Inc. | (4 | ) | (89 | ) | ||||
Call Strike $105.00 | ||||||||
Expires 01/22/2011 | ||||||||
CF Industries Holdings, Inc. | (3 | ) | (82 | ) | ||||
Call Strike $95.00 | ||||||||
Expires 01/22/2011 | ||||||||
Corning, Inc. | (23 | ) | (21 | ) | ||||
Call Strike $19.00 | ||||||||
Expires 01/22/2011 | ||||||||
Dell, Inc. | (9 | ) | (17 | ) | ||||
Call Strike $15.00 | ||||||||
Expires 01/21/2012 | ||||||||
Dell, Inc. | (11 | ) | (7 | ) | ||||
Call Strike $15.00 | ||||||||
Expires 01/22/2011 | ||||||||
Domtar Corp. | (4 | ) | (60 | ) | ||||
Call Strike $65.00 | ||||||||
Expires 01/22/2011 | ||||||||
Google, Inc. Class A | (1 | ) | (6 | ) | ||||
Call Strike $650.00 | ||||||||
Expires 12/18/2010 | ||||||||
Google, Inc. Class A | (1 | ) | (5 | ) | ||||
Call Strike $660.00 | ||||||||
Expires 12/18/2010 | ||||||||
Hewlett Packard Co. | (6 | ) | (15 | ) | ||||
Call Strike $50.00 | ||||||||
Expires 01/21/2012 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 59
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Notional | ||||||||
Amount | Value | |||||||
Call Options (continued) | ||||||||
Symantec Corp. | $ | (19 | ) | $ | (36 | ) | ||
Call Strike $17.50 | ||||||||
Expires 01/21/2012 | ||||||||
Thomson Reuters Corp. | (1 | ) | ♦ | |||||
Call Strike $39.00 | ||||||||
Expires 11/20/2010 | ||||||||
United Technologies Corp. | (7 | ) | (32 | ) | ||||
Call Strike $80.00 | ||||||||
Expires 01/21/2012 | ||||||||
Total Written Options (Premiums: $355) | $ | (662 | ) | |||||
Net Unrealized | ||||||||||||||
Appreciation | ||||||||||||||
Description | Type | Contracts Г | Expiration Date | (Depreciation) | ||||||||||
ASX SPI 200 Index | Long | 1 | 12/16/2010 | $ | (1 | ) | ||||||||
DAX Index | Long | 9 | 12/17/2010 | 108 | ||||||||||
DJ Euro Stoxx 50 Index | Long | 96 | 12/17/2010 | 100 | ||||||||||
FTSE 100 Index | Long | 9 | 12/17/2010 | 20 | ||||||||||
Hang Seng China Enterprises Index | Short | (1 | ) | 11/29/2010 | 1 | |||||||||
Hang Seng Index | Short | (1 | ) | 11/29/2010 | 1 | |||||||||
Nikkei 225 Index | Long | 13 | 12/09/2010 | (16 | ) | |||||||||
S&P 500 Index | Long | 2 | 12/16/2010 | 27 | ||||||||||
S&P TSE 60 Index | Short | (1 | ) | 12/16/2010 | ♦ | |||||||||
$ | 240 | |||||||||||||
Amount in U.S. | Net Unrealized | |||||||||||||||
Settlement | Dollars Bought | Appreciation | ||||||||||||||
Currency | Bought (Sold) | Date | (Sold) | (Depreciation) | ||||||||||||
Canadian Dollar | 1,163 | 12/03/2010 | $ | 1,135 | $ | 4 | ||||||||||
Canadian Dollar | 208 | 12/03/2010 | 203 | 1 | ||||||||||||
Euro | 732 | 11/05/2010 | 1,021 | (1 | ) | |||||||||||
Euro | 732 | 11/05/2010 | 1,026 | (7 | ) | |||||||||||
Euro | 1,466 | 11/12/2010 | 2,045 | (5 | ) | |||||||||||
Euro | 739 | 11/18/2010 | 1,027 | 1 | ||||||||||||
Euro | 651 | 11/18/2010 | 900 | 6 | ||||||||||||
Euro | 370 | 11/19/2010 | 511 | 4 | ||||||||||||
Euro | 1,099 | 11/19/2010 | 1,531 | (3 | ) | |||||||||||
Euro | 717 | 11/19/2010 | 998 | (1 | ) | |||||||||||
Euro | 370 | 11/19/2010 | 511 | 4 | ||||||||||||
Euro | 225 | 12/02/2010 | 311 | 1 | ||||||||||||
Japanese Yen | 78,173 | 11/18/2010 | 956 | 16 | ||||||||||||
Japanese Yen | 207,995 | 11/18/2010 | 2,547 | 39 | ||||||||||||
Pound Sterling | (332 | ) | 11/12/2010 | (526 | ) | (5 | ) | |||||||||
Republic of Korea Won | 1,276,910 | 11/08/2010 | 1,132 | 3 | ||||||||||||
Republic of Korea Won | 228,010 | 11/08/2010 | 202 | ♦ | ||||||||||||
South African Rand | (2,157 | ) | 11/12/2010 | (314 | ) | 7 | ||||||||||
South African Rand | (3,327 | ) | 11/12/2010 | (479 | ) | 5 | ||||||||||
Swiss Franc | 2,130 | 11/18/2010 | 2,190 | (25 | ) | |||||||||||
Swiss Franc | 1,690 | 12/03/2010 | 1,713 | 4 | ||||||||||||
$ | 48 | |||||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 60
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Net Unrealized | ||||||||||||||
Settlement | Appreciation | |||||||||||||
Bought/Sold | Currency | Amount | Date | (Depreciation) | ||||||||||
Buy | Swiss Franc | 1,746 | 11/05/2010 | $ | (45 | ) | ||||||||
Sell | Euro | (1,305 | ) | 11/05/2010 | 3 | |||||||||
Buy | Swiss Franc | 923 | 11/05/2010 | (25 | ) | |||||||||
Sell | Euro | (690 | ) | 11/05/2010 | 3 | |||||||||
Buy | Swiss Franc | 1,666 | 11/04/2010 | (32 | ) | |||||||||
Sell | Euro | (1,247 | ) | 11/04/2010 | (10 | ) | ||||||||
Buy | Swiss Franc | 1,209 | 11/04/2010 | (24 | ) | |||||||||
Sell | Euro | (904 | ) | 11/04/2010 | (6 | ) | ||||||||
$ | (136 | ) | ||||||||||||
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited): | Total Investments | Value | ||||||
Oil, Gas & Consumable Fuels | 10.1 | % | $ | 47,612 | ||||
U.S. Government Obligation | 9.1 | 45,511 | ||||||
Foreign Government Obligation | 7.9 | 39,483 | ||||||
Capital Markets | 4.8 | 25,032 | ||||||
Metals & Mining | 4.8 | 22,843 | ||||||
Commercial Banks | 4.6 | 20,892 | ||||||
Pharmaceuticals | 4.0 | 20,364 | ||||||
Diversified Financial Services | 2.8 | 14,301 | ||||||
Diversified Telecommunication Services | 2.8 | 13,901 | ||||||
Wireless Telecommunication Services | 2.6 | 13,652 | ||||||
Insurance | 2.6 | 13,276 | ||||||
Computers & Peripherals | 2.3 | 11,277 | ||||||
Food Products | 2.2 | 10,845 | ||||||
Industrial Conglomerates | 2.2 | 10,665 | ||||||
Chemicals | 1.9 | 9,490 | ||||||
Real Estate Management & Development | 1.7 | 8,440 | ||||||
Software | 1.7 | 8,172 | ||||||
Semiconductors & Semiconductor Equipment | 1.6 | 8,121 | ||||||
Health Care Providers & Services | 1.4 | 7,316 | ||||||
Electric Utilities | 1.4 | 7,004 | ||||||
Health Care Equipment & Supplies | 1.2 | 5,682 | ||||||
Road & Rail | 1.1 | 5,455 | ||||||
Energy Equipment & Services | 1.0 | 5,414 | ||||||
Automobiles | 1.0 | 5,170 | ||||||
Communications Equipment | 1.0 | 4,796 | ||||||
Food & Staples Retailing | 1.0 | 4,793 | ||||||
Electronic Equipment & Instruments | 0.9 | 4,746 | ||||||
Biotechnology | 0.9 | 4,723 | ||||||
Aerospace & Defense | 0.9 | 4,581 | ||||||
Media | 0.9 | 4,556 | ||||||
IT Services | 0.9 | 4,353 | ||||||
Beverages | 0.6 | 3,202 | ||||||
Trading Companies & Distributors | 0.6 | 3,141 | ||||||
Electrical Equipment | 0.6 | 2,816 | ||||||
Household Products | 0.5 | 2,747 | ||||||
Tobacco | 0.5 | 2,488 | ||||||
Machinery | 0.4 | 2,259 | ||||||
Internet Software & Services | 0.4 | 2,238 | ||||||
Paper & Forest Products | 0.4 | 2,053 | ||||||
Auto Components | 0.4 | 2,032 | ||||||
Construction & Engineering | 0.3 | 1,866 | ||||||
Life Sciences Tools & Services | 0.3 | 1,838 | ||||||
Multi-Utilities | 0.3 | 1,655 | ||||||
Personal Products | 0.3 | 1,564 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 61
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited) (continued): | Total Investments | Value | ||||||
Household Durables | 0.3 | % | $ | 1,540 | ||||
Hotels, Restaurants & Leisure | 0.3 | 1,538 | ||||||
Transportation Infrastructure | 0.3 | 1,511 | ||||||
Independent Power Producers & Energy Traders | 0.3 | 1,473 | ||||||
Office Electronics | 0.3 | 1,468 | ||||||
Real Estate Investment Trusts | 0.3 | 1,419 | ||||||
Construction Materials | 0.2 | 1,058 | ||||||
Thrifts & Mortgage Finance | 0.1 | 947 | ||||||
Gas Utilities | 0.1 | 615 | ||||||
Specialty Retail | 0.1 | 612 | ||||||
Marine | 0.1 | 569 | ||||||
Building Products | 0.1 | 549 | ||||||
Textiles, Apparel & Luxury Goods | 0.1 | 455 | ||||||
Leisure Equipment & Products | 0.1 | 392 | ||||||
Water Utilities | 0.0 | ∞ | 257 | |||||
Containers & Packaging | 0.0 | ∞ | 228 | |||||
Multiline Retail | 0.0 | ∞ | 164 | |||||
Commercial Services & Supplies | 0.0 | ∞ | 65 | |||||
Asset-Backed Security | 0.0 | ∞ | 64 | |||||
Internet & Catalog Retail | 0.0 | ∞ | 54 | |||||
Airlines | 0.0 | ∞ | 44 | |||||
Consumer Finance | 0.0 | ∞ | 30 | |||||
Investment Securities, at Value | 91.6 | 457,417 | ||||||
Index Based Purchased Options | 0.0 | 59 | ||||||
Short-Term Investments | 8.4 | 41,428 | ||||||
Total Investments | 100.0 | % | $ | 498,904 | ||||
∞ | Percentage rounds to less than 0.01%. | |
* | Floating or variable rate note. Rate is listed as of 10/29/2010. | |
Ə | Securities fair valued as determined in good faith in accordance with procedures established by the Board of Trustees. These securities had a total market value of $1,361, or 0.27% of the fund’s net assets. | |
§ | Illiquid. These securities aggregated to $3,383, or 0.68%, of the fund’s net assets. | |
Ž | The security has a perpetual maturity. The date shown is the next call date. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
‡ | Non-income producing security. | |
^ | All or a portion of this security is on loan. The value of all securities on loan is $6,593. | |
♦ | Value and/or notional amount is less than $1. | |
Џ | In default. | |
Y | All or a portion of this security in the amount of $1,391 have been segregated as collateral with the broker to cover margin requirements for open futures contracts. | |
■ | All or a portion of these securities in the amount of $4,065, and cash in the amount of $696, have been segregated as collateral with the broker to cover margin requirements for open written options contracts. | |
Г | Contract amounts are not in thousands. | |
Δ | Restricted Security. At 10/31/2010, the fund owned the following securities which were restricted as to public resale. These securities aggregated a total value of $948, or 0.43%, of net assets. |
Date of | ||||||||||||||||||||
Description | Acquisition | Principal | Cost | Value | Price¥ | |||||||||||||||
Suzlon Energy Limited | 07/21/2009 | $ | 592 | $ | 611 | $ | 521 | $ | 0.88 | |||||||||||
Multi Daerah Bersiang PT | 04/13/2010 | 429 | 424 | 427 | 1.00 | |||||||||||||||
¥ Price not rounded to thousands. |
# | Aggregate cost for federal income tax purposes is $455,779. Aggregate gross unrealized appreciation for all securities in which there is an excess of value over tax cost were $61,992 and $18,867, respectively. Net unrealized appreciation for tax purposes is $43,125. |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 62
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
144A | 144A Securities are registered pursuant to Rule 144A of the Securities Act of 1933. These securities are deemed to be liquid for purposes of compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At 10/31/2010, these securities aggregated $17,017, or 3.42%, of the fund’s net assets. | |
ADR | American Depositary Receipt | |
AUD | Australian Dollar | |
BRL | Brazilian Real | |
CAD | Canadian Dollar | |
CHF | Swiss Franc | |
CNY | Chinese Yuan | |
ETF | Exchange-Traded Fund | |
EUR | Euro | |
GBP | Pound Sterling | |
GDR | Global Depositary Receipt | |
HKD | Hong Kong Dollar | |
JPY | Japanese Yen | |
MYR | Malaysian Riggit | |
NOK | Norwegian Krone | |
NZD | New Zealand Dollar | |
OJSC | Open Joint Stock Company | |
PJSC | Public Joint Stock Company | |
PLN | Polish Zloty | |
REIT | Real Estate Investment Trust (includes domestic REITs and Foreign Real Estate Investment Companies) | |
SGD | Singapore Dollar | |
SPDR | Standard & Poor’s Depositary Receipt | |
TRY | Turkish New Lira | |
TWD | Taiwan New Dollar |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Asset-Backed Securities | $ | — | $ | 64 | $ | — | $ | 64 | ||||||||
Common Stocks | 173,481 | 110,028 | — | 283,509 | ||||||||||||
Convertible Bonds | — | 37,475 | — | 37,475 | ||||||||||||
Convertible Preferred Stocks | 1,399 | — | — | 1,399 | ||||||||||||
Corporate Debt Securities | — | 22,225 | ♦ | 22,225 | ||||||||||||
Foreign Government Obligations | — | 39,483 | — | 39,483 | ||||||||||||
Investment Companies | 20,332 | 316 | — | 20,648 | ||||||||||||
Loan Assignments | — | 427 | — | 427 | ||||||||||||
Preferred Corporate Debt Securities | — | 1,020 | — | 1,020 | ||||||||||||
Preferred Stocks | 4,185 | 1,478 | — | 5,663 | ||||||||||||
Purchased Options | 304 | — | — | 304 | ||||||||||||
Repurchase Agreement | — | 24 | — | 24 | ||||||||||||
Rights | — | 22 | — | 22 | ||||||||||||
Securities Lending Collateral | 6,896 | — | — | 6,896 | ||||||||||||
Short-Term U.S. Government Obligations | — | 33,836 | — | 33,836 | ||||||||||||
U.S. Government Obligations | — | 45,511 | — | 45,511 | ||||||||||||
Warrants | 398 | — | — | 398 | ||||||||||||
Total | $ | 206,995 | $ | 291,909 | $ | ♦ | $ | 498,904 | ||||||||
Other Financial Instruments | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Written Options | $ | — | $ | (662 | ) | $ | — | $ | (662 | ) | ||||||
Other Financial Instruments* | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Futures Contracts - Appreciation | $ | 257 | $ | — | $ | — | $ | 257 | ||||||||
Futures Contracts - Depreciation | (17 | ) | — | — | (17 | ) | ||||||||||
Forward Foreign Currency Contracts - Appreciation | — | 101 | — | 101 | ||||||||||||
Forward Foreign Currency Contracts - Depreciation | — | (189 | ) | — | (189 | ) | ||||||||||
Total | $ | 240 | $ | (88 | ) | $ | — | $ | 152 | |||||||
Beginning | Net Transfers | Ending | ||||||||||||||||||||||||||
Balance at | Net | Accrued | Total Realized | Change in Unrealized | In/(Out) of | Balance at | ||||||||||||||||||||||
Securities | 10/31/2009 | Purchases/(Sales) | Discounts/(Premiums) | Gain/(Loss) | Appreciation/(Depreciation) | Level 3 | 10/31/2010 | |||||||||||||||||||||
Corporate Debt Security | $ | — | $ | ♦ | $ | — | $ | — | $ | — | $ | — | $ | ♦ | ||||||||||||||
Rights | 1 | — | — | — | (1 | ) | — | — | ||||||||||||||||||||
Total | $ | 1 | $ | ♦ | $ | — | $ | — | $ | (1 | ) | $ | — | $ | ♦ | |||||||||||||
* | Other financial instruments are derivative instruments including, but not limited to, Futures Contracts, Forward Foreign Currency Contracts, and Swap Contracts that are valued at unrealized appreciation (depreciation) on the instrument. |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 63
Table of Contents
SCHEDULE OF INVESTMENTS
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 99.9% | ||||||||
Aerospace & Defense - 2.2% | ||||||||
L-3 Communications Holdings, Inc. | 92,000 | $ | 6,641 | |||||
Raytheon Co. | 193,000 | 8,894 | ||||||
Auto Components - 0.5% | ||||||||
Autoliv, Inc. | 54,000 | 3,850 | ||||||
Beverages - 0.8% | ||||||||
Constellation Brands, Inc. - Class A ‡ | 297,000 | 5,860 | ||||||
Biotechnology - 1.7% | ||||||||
Amgen, Inc. ‡ | 204,000 | 11,667 | ||||||
Chemicals - 1.4% | ||||||||
Ashland, Inc. | 22,000 | 1,136 | ||||||
Huntsman Corp. | 87,000 | 1,205 | ||||||
Lubrizol Corp. | 20,100 | 2,060 | ||||||
RPM International, Inc. | 77,000 | 1,595 | ||||||
Valspar Corp. | 128,000 | 4,108 | ||||||
Commercial Banks - 4.2% | ||||||||
CapitalSource, Inc. | 377,000 | 2,303 | ||||||
Fifth Third Bancorp | 673,000 | 8,452 | ||||||
KeyCorp | 330,000 | 2,703 | ||||||
Regions Financial Corp. | 1,149,000 | 7,239 | ||||||
SunTrust Banks, Inc. | 329,000 | 8,232 | ||||||
Wells Fargo & Co. | 28,000 | 730 | ||||||
Commercial Services & Supplies - 1.0% | ||||||||
Avery Dennison Corp. | 137,000 | 4,980 | ||||||
Cintas Corp. | 19,000 | 522 | ||||||
R.R. Donnelley & Sons Co. | 74,000 | 1,365 | ||||||
Communications Equipment - 1.4% | ||||||||
Motorola, Inc. ‡ | 1,176,000 | 9,584 | ||||||
Computers & Peripherals - 4.0% | ||||||||
Lexmark International, Inc. - Class A ‡ | 175,000 | 6,655 | ||||||
SanDisk Corp. ‡ | 148,000 | 5,562 | ||||||
Seagate Technology PLC ‡ | 504,000 | 7,384 | ||||||
Western Digital Corp. ‡ | 253,000 | 8,102 | ||||||
Construction & Engineering - 0.3% | ||||||||
KBR, Inc. | 72,000 | 1,829 | ||||||
Consumer Finance - 2.4% | ||||||||
Capital One Financial Corp. | 234,000 | 8,721 | ||||||
Discover Financial Services | 168,000 | 2,965 | ||||||
SLM Corp. ‡ | 425,000 | 5,058 | ||||||
Diversified Consumer Services - 0.1% | ||||||||
Service Corp., International | 122,000 | 1,010 | ||||||
Diversified Financial Services - 3.2% | ||||||||
Bank of America Corp. | 1,644,000 | 18,808 | ||||||
JPMorgan Chase & Co. | 91,000 | 3,424 | ||||||
Diversified Telecommunication Services - 5.1% | ||||||||
AT&T, Inc. | 212,000 | 6,042 | ||||||
Frontier Communications Corp. | 408,000 | 3,582 | ||||||
Qwest Communications International, Inc. | 1,292,000 | 8,527 | ||||||
Verizon Communications, Inc. | 551,000 | 17,892 | ||||||
Electric Utilities - 1.3% | ||||||||
Edison International | 245,000 | 9,041 | ||||||
Electronic Equipment & Instruments - 1.5% | ||||||||
Corning, Inc. | 566,000 | 10,346 | ||||||
Energy Equipment & Services - 3.1% | ||||||||
Nabors Industries, Ltd. ‡ | 382,000 | 7,984 | ||||||
Oil States International, Inc. ‡ | 42,700 | 2,183 | ||||||
Rowan Cos., Inc. ‡ | 241,000 | 7,929 | ||||||
Unit Corp. ‡ | 88,000 | 3,452 | ||||||
Food & Staples Retailing - 2.3% | ||||||||
Kroger Co. | 71,000 | 1,562 | ||||||
Safeway, Inc. | 363,000 | 8,313 | ||||||
SUPERVALU, Inc. | 590,000 | 6,366 | ||||||
Food Products - 3.8% | ||||||||
ConAgra Foods, Inc. | 355,000 | 7,984 | ||||||
Del Monte Foods Co. | 360,000 | 5,162 | ||||||
Sara Lee Corp. | 462,000 | 6,620 | ||||||
Tyson Foods, Inc. - Class A | 438,000 | 6,811 | ||||||
Gas Utilities - 1.7% | ||||||||
Atmos Energy Corp. | 99,100 | 2,918 | ||||||
Energen Corp. | 113,000 | 5,045 | ||||||
UGI Corp. | 126,000 | 3,791 | ||||||
Health Care Providers & Services - 9.2% | ||||||||
Aetna, Inc. | 275,000 | 8,212 | ||||||
AmerisourceBergen Corp. - Class A | 219,000 | 7,188 | ||||||
Cardinal Health, Inc. | 59,800 | 2,074 | ||||||
CIGNA Corp. | 232,000 | 8,164 | ||||||
Coventry Health Care, Inc. ‡ | 272,300 | 6,377 | ||||||
Humana, Inc. ‡ | 144,000 | 8,394 | ||||||
Lincare Holdings, Inc. | 77,700 | 2,037 | ||||||
Tenet Healthcare Corp. ‡ | 323,000 | 1,408 | ||||||
UnitedHealth Group, Inc. | 323,000 | 11,645 | ||||||
WellPoint, Inc. ‡ | 169,000 | 9,183 | ||||||
Hotels, Restaurants & Leisure - 1.6% | ||||||||
Brinker International, Inc. | 187,000 | 3,467 | ||||||
Wyndham Worldwide Corp. | 273,000 | 7,849 | ||||||
Household Durables - 1.3% | ||||||||
Newell Rubbermaid, Inc. | 128,000 | 2,259 | ||||||
Whirlpool Corp. | 87,000 | 6,597 | ||||||
Household Products - 0.9% | ||||||||
Procter & Gamble Co. | 94,000 | 5,976 | ||||||
Independent Power Producers & Energy Traders - 2.9% | ||||||||
AES Corp. ‡ | 653,000 | 7,796 | ||||||
Constellation Energy Group, Inc. | 143,000 | 4,324 | ||||||
Mirant Corp. ‡ | 388,000 | 4,117 | ||||||
NRG Energy, Inc. ‡ | 247,800 | 4,934 | ||||||
Industrial Conglomerates - 3.2% | ||||||||
General Electric Co. | 1,401,000 | 22,444 | ||||||
Insurance - 6.9% | ||||||||
American Financial Group, Inc. | 133,800 | 4,092 | ||||||
Assurant, Inc. | 46,000 | 1,819 | ||||||
Axis Capital Holdings, Ltd. | 24,000 | 816 | ||||||
Berkshire Hathaway, Inc. - Class B ‡ | 39,000 | 3,103 | ||||||
Endurance Specialty Holdings, Ltd. | 117,200 | 4,852 | ||||||
Genworth Financial, Inc. - Class A ‡ | 575,000 | 6,521 | ||||||
HCC Insurance Holdings, Inc. | 217,600 | 5,762 | ||||||
Prudential Financial, Inc. | 73,000 | 3,838 | ||||||
Unitrin, Inc. | 78,000 | 1,895 | ||||||
Unum Group | 351,000 | 7,869 | ||||||
XL Group PLC - Class A | 362,000 | 7,656 | ||||||
IT Services - 1.1% | ||||||||
Computer Sciences Corp. | 112,000 | 5,494 | ||||||
Convergys Corp. ‡ | 216,000 | 2,445 | ||||||
Machinery - 1.8% | ||||||||
AGCO Corp. ‡ | 46,000 | 1,954 | ||||||
Oshkosh Corp. ‡ | 73,000 | 2,154 | ||||||
Timken Co. | 61,200 | 2,535 | ||||||
Trinity Industries, Inc. | 276,000 | 6,273 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 64
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
Media - 5.8% | ||||||||
CBS Corp. - Class B | 474,000 | $ | 8,025 | |||||
Comcast Corp. - Class A | 716,000 | 14,736 | ||||||
News Corp. - Class A | 742,000 | 10,729 | ||||||
Time Warner Cable, Inc. | 115,000 | 6,655 | ||||||
Multiline Retail - 1.2% | ||||||||
Macy’s, Inc. | 364,000 | 8,605 | ||||||
Multi-Utilities - 1.0% | ||||||||
CMS Energy Corp. | 108,000 | 1,985 | ||||||
Integrys Energy Group, Inc. Λ | 90,000 | 4,787 | ||||||
Oil, Gas & Consumable Fuels - 5.3% | ||||||||
Chevron Corp. | 62,000 | 5,122 | ||||||
Marathon Oil Corp. | 259,000 | 9,212 | ||||||
Southern Union Co. | 177,600 | 4,463 | ||||||
Teekay Corp. | 67,300 | 2,140 | ||||||
Valero Energy Corp. | 467,000 | 8,383 | ||||||
Williams Cos., Inc. | 373,000 | 8,027 | ||||||
Paper & Forest Products - 1.9% | ||||||||
Domtar Corp. | 34,000 | 2,698 | ||||||
International Paper Co. | 310,000 | 7,837 | ||||||
MeadWestvaco Corp. | 107,600 | 2,769 | ||||||
Pharmaceuticals - 5.6% | ||||||||
Bristol-Myers Squibb Co. | 464,000 | 12,483 | ||||||
Eli Lilly & Co. | 296,000 | 10,419 | ||||||
Endo Pharmaceuticals Holdings, Inc. ‡ | 61,200 | 2,248 | ||||||
Forest Laboratories, Inc. ‡ | 246,000 | 8,130 | ||||||
Johnson & Johnson | 54,000 | 3,438 | ||||||
Pfizer, Inc. | 153,000 | 2,662 | ||||||
Road & Rail - 0.2% | ||||||||
Ryder System, Inc. | 33,400 | 1,461 | ||||||
Semiconductors & Semiconductor Equipment - 3.0% | ||||||||
Intel Corp. | 584,000 | 11,721 | ||||||
Micron Technology, Inc. ‡ | 893,000 | 7,385 | ||||||
Novellus Systems, Inc. ‡ | 67,000 | 1,957 | ||||||
Software - 1.2% | ||||||||
Amdocs, Ltd. ‡ | 128,000 | 3,927 | ||||||
CA, Inc. | 207,600 | 4,818 | ||||||
Specialty Retail - 2.0% | ||||||||
GameStop Corp. - Class A ‡ | 349,000 | 6,861 | ||||||
Gap, Inc. | 368,000 | 6,996 | ||||||
Wireless Telecommunication Services - 1.8% | ||||||||
NII Holdings, Inc. ‡ | 31,000 | 1,296 | ||||||
Sprint Nextel Corp. ‡ | 1,902,000 | 7,836 | ||||||
Telephone & Data Systems, Inc. | 101,000 | 3,518 | ||||||
�� | ||||||||
Total Common Stocks (cost $659,438) | 701,046 | |||||||
SHORT-TERM INVESTMENT COMPANY - 0.1% | ||||||||
Capital Markets 0.1% | ||||||||
BlackRock Provident TempFund 24 | 839,839 | 840 | ||||||
Total Short-Term Investment Company (cost $840) | ||||||||
SECURITIES LENDING COLLATERAL - 0.1% | ||||||||
State Street Navigator Securities Lending Trust - Prime Portfolio, 0.35% ▲ | 894,618 | 895 | ||||||
Total Securities Lending Collateral (cost $895) | ||||||||
Total Investment Securities (cost $661,173) # | 702,781 | |||||||
Other Assets and Liabilities - Net | (576 | ) | ||||||
Net Assets | $ | 702,205 | ||||||
‡ | Non-income producing security. | |
^ | All or a portion of this security is on loan. The value of all securities on loan is $873. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
# | Aggregate cost for federal income tax purposes is $671,288. Aggregate gross unrealized appreciation for all securities in which there is an excess of value over tax cost were $63,118 and $31,625, respectively. Net unrealized appreciation for tax purposes is $31,493. |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 689,463 | $ | 11,583 | $ | — | $ | 701,046 | ||||||||
Securities Lending Collateral | 895 | — | — | 895 | ||||||||||||
Short-Term Investment Companies | 840 | — | — | 840 | ||||||||||||
Total | $ | 691,198 | $ | 11,583 | $ | — | $ | 702,781 | ||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 65
Table of Contents
SCHEDULE OF INVESTMENTS
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 97.7% | ||||||||
Aerospace & Defense - 3.0% | ||||||||
Astronics Corp. ‡ | 5,000 | $ | 104 | |||||
Ceradyne, Inc. ‡ | 2,000 | 48 | ||||||
Cubic Corp. | 2,100 | 91 | ||||||
Ducommun, Inc. | 5,400 | 116 | ||||||
GenCorp, Inc. ‡ | 13,500 | 66 | ||||||
General Dynamics Corp. | 5,900 | 402 | ||||||
Herley Industries, Inc. ‡ | 6,100 | 101 | ||||||
L-3 Communications Holdings, Inc. | 10,600 | 766 | ||||||
LMI Aerospace, Inc. ‡ | 6,800 | 111 | ||||||
Moog, Inc. - Class A ‡ | 1,600 | 60 | ||||||
Northrop Grumman Corp. | 9,800 | 619 | ||||||
Raytheon Co. | 15,300 | 705 | ||||||
Teledyne Technologies, Inc. ‡ | 2,400 | 100 | ||||||
Air Freight & Logistics - 0.7% | ||||||||
Atlas Air Worldwide Holdings, Inc. ‡ | 2,200 | 115 | ||||||
Dynamex, Inc. ‡ | 4,800 | 101 | ||||||
Pacer International, Inc. ‡ | 13,400 | 75 | ||||||
United Parcel Service, Inc. - Class B | 6,500 | 438 | ||||||
Airlines - 1.5% | ||||||||
Alaska Air Group, Inc. ‡ | 13,100 | 692 | ||||||
JetBlue Airways Corp. ‡ | 7,200 | 50 | ||||||
Southwest Airlines Co. | 36,900 | 508 | ||||||
United Continental Holdings, Inc. ‡ | 12,100 | 351 | ||||||
US Airways Group, Inc. ‡ | 4,400 | 52 | ||||||
Auto Components - 0.9% | ||||||||
American Axle & Manufacturing Holdings, Inc. ‡ | 10,100 | 93 | ||||||
Autoliv, Inc. | 9,400 | 671 | ||||||
Cooper Tire & Rubber Co. | 3,200 | 63 | ||||||
Dana Holding Corp. ‡ | 3,800 | 54 | ||||||
Shiloh Industries, Inc. ‡ | 5,000 | 50 | ||||||
Spartan Motors, Inc. | 4,000 | 20 | ||||||
Beverages - 1.2% | ||||||||
Boston Beer Co., Inc. - Class A ‡ | 700 | 50 | ||||||
Dr. Pepper Snapple Group, Inc. | 33,200 | 1,214 | ||||||
MGP Ingredients, Inc. | 2,800 | 25 | ||||||
Building Products - 1.0% | ||||||||
Griffon Corp. ‡ | 8,100 | 95 | ||||||
Owens Corning, Inc. ‡ | 31,600 | 855 | ||||||
Quanex Building Products Corp. | 6,200 | 112 | ||||||
Capital Markets - 1.3% | ||||||||
BGC Partners, Inc. - Class A | 5,500 | 38 | ||||||
Eaton Vance Corp. | 9,400 | 270 | ||||||
Federated Investors, Inc. - Class B | 20,900 | 521 | ||||||
GFI Group, Inc. | 5,600 | 27 | ||||||
Raymond James Financial, Inc. | 16,900 | 477 | ||||||
Waddell & Reed Financial, Inc. - Class A | 4,300 | 125 | ||||||
Chemicals - 2.8% | ||||||||
American Vanguard Corp. | 16,100 | 119 | ||||||
Cabot Corp. | 12,800 | 435 | ||||||
Cytec Industries, Inc. | 9,800 | 485 | ||||||
Ferro Corp. ‡ | 9,400 | 129 | ||||||
Huntsman Corp. | 30,100 | 417 | ||||||
Lubrizol Corp. | 11,100 | 1,138 | ||||||
PolyOne Corp. ‡ | 7,100 | 92 | ||||||
Scotts Miracle-Gro Co. - Class A | 2,800 | 150 | ||||||
WR Grace & Co. ‡ | 1,200 | 38 | ||||||
Commercial Banks - 3.2% | ||||||||
Bank of Hawaii Corp. | 8,700 | 376 | ||||||
Bok Financial Corp. | 6,900 | 319 | ||||||
City National Corp. | 8,700 | 449 | ||||||
Commerce Bancshares, Inc. | 11,900 | 438 | ||||||
First Citizens BancShares, Inc. - Class A | 500 | 93 | ||||||
First Horizon National Corp. | 38,509 | 389 | ||||||
Fulton Financial Corp. | 46,000 | 430 | ||||||
International Bancshares Corp. | 26,900 | 460 | ||||||
Old National Bancorp | 4,700 | 44 | ||||||
Republic Bancorp, Inc. - Class A | 1,400 | 29 | ||||||
S&T Bancorp, Inc. | 2,200 | 43 | ||||||
Stellarone Corp. | 3,500 | 45 | ||||||
Trustmark Corp. | 3,200 | 71 | ||||||
Webster Financial Corp. | 8,300 | 142 | ||||||
West Bancorporation, Inc. ‡ | 4,300 | 28 | ||||||
Commercial Services & Supplies - 1.0% | ||||||||
ABM Industries, Inc. | 2,300 | 52 | ||||||
ACCO Brands Corp. ‡ | 7,800 | 49 | ||||||
Avery Dennison Corp. | 14,900 | 542 | ||||||
Consolidated Graphics, Inc. ‡ | 2,500 | 116 | ||||||
G&K Services, Inc. - Class A | 2,000 | 49 | ||||||
M&F Worldwide Corp. ‡ | 3,100 | 83 | ||||||
Tetra Tech, Inc. ‡ | 5,300 | 112 | ||||||
Viad Corp. | 1,900 | 38 | ||||||
Communications Equipment - 1.5% | ||||||||
Arris Group, Inc. ‡ | 11,800 | 110 | ||||||
Blue Coat Systems, Inc. ‡ | 2,700 | 73 | ||||||
Comtech Telecommunications Corp. | 4,000 | 123 | ||||||
CPI International, Inc. ‡ | 2,500 | 35 | ||||||
Harris Corp. | 19,300 | 872 | ||||||
Loral Space & Communications, Inc. ‡ | 1,700 | 95 | ||||||
Oplink Communications, Inc. ‡ | 1,100 | 19 | ||||||
Plantronics, Inc. | 7,000 | 251 | ||||||
Computers & Peripherals - 1.5% | ||||||||
Electronics for Imaging, Inc. ‡ | 6,700 | 92 | ||||||
Hutchinson Technology, Inc. ‡ | 14,700 | 50 | ||||||
Imation Corp. ‡ | 4,700 | 46 | ||||||
Lexmark International, Inc. - Class A ‡ | 15,800 | 601 | ||||||
SanDisk Corp. ‡ | 19,100 | 717 | ||||||
Synaptics, Inc. ‡ | 1,900 | 51 | ||||||
Xyratex, Ltd. ‡ | 2,500 | 39 | ||||||
Construction & Engineering - 0.7% | ||||||||
Argan, Inc. ‡ | 2,200 | 19 | ||||||
Englobal Corp. ‡ | 14,600 | 42 | ||||||
Great Lakes Dredge & Dock Corp. | 17,700 | 110 | ||||||
Insituform Technologies, Inc. - Class A ‡ | 1,900 | 41 | ||||||
URS Corp. ‡ | 14,700 | 572 | ||||||
Construction Materials - 0.0%∞ | ||||||||
U.S. Lime & Minerals, Inc. ‡ | 600 | 24 | ||||||
Consumer Finance - 0.1% | ||||||||
Advance America Cash Advance Centers, Inc. | 6,000 | 30 | ||||||
Ezcorp, Inc. - Class A ‡ | 1,200 | 26 | ||||||
World Acceptance Corp. ‡ | 600 | 26 | ||||||
Containers & Packaging - 0.6% | ||||||||
Crown Holdings, Inc. ‡ | 7,700 | 248 | ||||||
Sealed Air Corp. | 15,500 | 359 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 66
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
Diversified Consumer Services - 1.9% | ||||||||
Career Education Corp. ‡ | 24,700 | $ | 433 | |||||
CPI Corp. | 2,900 | 72 | ||||||
DeVry, Inc. | 5,500 | 263 | ||||||
ITT Educational Services, Inc. ‡ | 7,000 | 452 | ||||||
Lincoln Educational Services Corp. ‡ | 4,300 | 54 | ||||||
Pre-Paid Legal Services, Inc. ‡ | 1,600 | 96 | ||||||
Regis Corp. | 2,100 | 43 | ||||||
Sotheby’s | 13,600 | 595 | ||||||
Universal Technical Institute, Inc. | 5,300 | 103 | ||||||
Diversified Financial Services - 1.0% | ||||||||
Cash America International, Inc. | 700 | 25 | ||||||
Euronet Worldwide, Inc. ‡ | 3,600 | 65 | ||||||
JPMorgan Chase & Co. | 6,000 | 226 | ||||||
Moody’s Corp. | 14,300 | 386 | ||||||
SEI Investments Co. | 17,100 | 379 | ||||||
Diversified Telecommunication Services - 0.7% | ||||||||
AT&T, Inc. | 20,300 | 579 | ||||||
Cbeyond, Inc. ‡ | 6,400 | 87 | ||||||
Neutral Tandem, Inc. ‡ | 3,300 | 48 | ||||||
Electric Utilities - 3.4% | ||||||||
DPL, Inc. | 45,600 | 1,191 | ||||||
IDACORP, Inc. | 10,700 | 394 | ||||||
NV Energy, Inc. | 65,900 | 900 | ||||||
Pinnacle West Capital Corp. | 10,400 | 428 | ||||||
Unisource Energy Corp. | 2,800 | 98 | ||||||
Wisconsin Energy Corp. | 10,600 | 631 | ||||||
Electrical Equipment - 0.9% | ||||||||
AO Smith Corp. | 1,300 | 73 | ||||||
AZZ, Inc. | 1,000 | 37 | ||||||
Brady Corp. - Class A | 1,600 | 49 | ||||||
Woodward Governor Co. | 24,300 | 762 | ||||||
Electronic Equipment & Instruments - 3.2% | ||||||||
Anixter International, Inc. | 2,200 | 118 | ||||||
Benchmark Electronics, Inc. ‡ | 4,000 | 66 | ||||||
Checkpoint Systems, Inc. ‡ | 4,100 | 90 | ||||||
Coherent, Inc. ‡ | 700 | 29 | ||||||
Corning, Inc. | 44,900 | 821 | ||||||
Faro Technologies, Inc. ‡ | 2,600 | 63 | ||||||
Greatbatch, Inc. ‡ | 1,700 | 37 | ||||||
Ingram Micro, Inc. - Class A ‡ | 11,400 | 201 | ||||||
Insight Enterprises, Inc. ‡ | 6,700 | 101 | ||||||
Measurement Specialties, Inc. ‡ | 3,100 | 69 | ||||||
Newport Corp. ‡ | 3,000 | 44 | ||||||
Power-One, Inc. ‡ | 11,000 | 115 | ||||||
Richardson Electronics, Ltd. | 2,600 | 28 | ||||||
SYNNEX Corp. ‡ | 1,000 | 29 | ||||||
Tech Data Corp. ‡ | 11,600 | 499 | ||||||
Tessco Technologies, Inc. | 6,800 | 103 | ||||||
Viasystems Group, Inc. | 3,600 | 57 | ||||||
Vishay Intertechnology, Inc. ‡ | 89,300 | 1,008 | ||||||
Energy Equipment & Services - 2.9% | ||||||||
Bristow Group, Inc. ‡ | 2,000 | 78 | ||||||
Exterran Holdings, Inc. ‡ | 27,300 | 687 | ||||||
Helmerich & Payne, Inc. | 8,900 | 381 | ||||||
Nabors Industries, Ltd. ‡ | 30,800 | 644 | ||||||
National Oilwell Varco, Inc. | 7,400 | 398 | ||||||
Natural Gas Services Group, Inc. ‡ | 6,500 | 102 | ||||||
Oceaneering International, Inc. ‡ | 7,700 | 476 | ||||||
OYO Geospace Corp. ‡ | 1,600 | 97 | ||||||
Tesco Corp. ‡ | 9,500 | 120 | ||||||
TETRA Technologies, Inc. ‡ | 12,100 | 118 | ||||||
Food & Staples Retailing - 1.0% | ||||||||
Andersons, Inc. | 500 | 20 | ||||||
Costco Wholesale Corp. | 7,400 | 464 | ||||||
Ruddick Corp. | 2,400 | 84 | ||||||
Safeway, Inc. | 20,500 | 469 | ||||||
Food Products - 2.7% | ||||||||
Archer-Daniels-Midland Co. | 13,800 | 460 | ||||||
Cal-Maine Foods, Inc. | 2,900 | 84 | ||||||
Dole Food Co., Inc. ‡ | 2,200 | 20 | ||||||
Hormel Foods Corp. | 14,800 | 680 | ||||||
Lancaster Colony Corp. | 13,800 | 689 | ||||||
Sanderson Farms, Inc. | 1,200 | 50 | ||||||
Sara Lee Corp. | 29,500 | 423 | ||||||
Seneca Foods Corp. - Class A ‡ | 1,100 | 25 | ||||||
Tyson Foods, Inc. - Class A | 33,000 | 513 | ||||||
Gas Utilities - 0.6% | ||||||||
Nicor, Inc. | 900 | 43 | ||||||
Oneok, Inc. | 3,700 | 184 | ||||||
Southwest Gas Corp. | 3,300 | 115 | ||||||
WGL Holdings, Inc. | 8,700 | 335 | ||||||
Health Care Equipment & Supplies - 2.6% | ||||||||
Analogic Corp. | 2,500 | 114 | ||||||
Angiodynamics, Inc. ‡ | 5,700 | 81 | ||||||
Cooper Cos., Inc. | 2,400 | 118 | ||||||
CryoLife, Inc. ‡ | 10,100 | 65 | ||||||
Haemonetics Corp. ‡ | 1,900 | 104 | ||||||
Hologic, Inc. ‡ | 31,300 | 501 | ||||||
Immucor, Inc. ‡ | 12,000 | 209 | ||||||
Integra LifeSciences Holdings Corp. ‡ | 2,200 | 95 | ||||||
Invacare Corp. | 2,600 | 70 | ||||||
Kinetic Concepts, Inc. ‡ | 26,400 | 1,004 | ||||||
Medical Action Industries, Inc. ‡ | 9,200 | 91 | ||||||
Nutraceutical International Corp. ‡ | 2,900 | 47 | ||||||
Sirona Dental Systems, Inc. ‡ | 2,800 | 105 | ||||||
Staar Surgical Co. ‡ | 4,500 | 24 | ||||||
STERIS Corp. | 3,000 | 103 | ||||||
Symmetry Medical, Inc. ‡ | 2,300 | 20 | ||||||
Wright Medical Group, Inc. ‡ | 7,100 | 95 | ||||||
Health Care Providers & Services - 1.9% | ||||||||
AMERIGROUP Corp. ‡ | 2,700 | 113 | ||||||
Amsurg Corp. - Class A ‡ | 3,100 | 56 | ||||||
Five Star Quality Care, Inc. ‡ | 19,300 | 105 | ||||||
Gentiva Health Services, Inc. ‡ | 4,300 | 100 | ||||||
Humana, Inc. ‡ | 20,400 | 1,188 | ||||||
Kindred Healthcare, Inc. ‡ | 14,800 | 203 | ||||||
Magellan Health Services, Inc. ‡ | 2,100 | 101 | ||||||
Providence Service Corp. ‡ | 5,400 | 89 | ||||||
U.S. Physical Therapy, Inc. ‡ | 4,300 | 81 | ||||||
Universal American Corp. | 3,600 | 58 | ||||||
Health Care Technology - 0.1% | ||||||||
Omnicell, Inc. ‡ | 8,200 | 115 | ||||||
Hotels, Restaurants & Leisure - 3.1% | ||||||||
Biglari Holdings, Inc. ‡ | 160 | 53 | ||||||
Bob Evans Farms, Inc. | 2,400 | 69 | ||||||
Cheesecake Factory, Inc. ‡ | 15,300 | 446 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 67
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
Hotels, Restaurants & Leisure (continued) | ||||||||
Cracker Barrel Old Country Store, Inc. | 1,900 | $ | 102 | |||||
Domino’s Pizza, Inc. ‡ | 7,700 | 114 | ||||||
International Speedway Corp. - Class A | 24,700 | 564 | ||||||
Papa John’s International, Inc. ‡ | 2,700 | 70 | ||||||
Red Robin Gourmet Burgers, Inc. ‡ | 3,400 | 69 | ||||||
Starbucks Corp. | 33,100 | 943 | ||||||
Wyndham Worldwide Corp. | 35,100 | 1,009 | ||||||
Household Durables - 2.2% | ||||||||
American Greetings Corp. - Class A | 24,900 | 482 | ||||||
Harman International Industries, Inc. ‡ | 18,000 | 605 | ||||||
Helen of Troy, Ltd. ‡ | 2,000 | 51 | ||||||
iRobot Corp. ‡ | 4,900 | 102 | ||||||
Kid Brands, Inc. ‡ | 2,100 | 20 | ||||||
Leggett & Platt, Inc. | 10,800 | 220 | ||||||
Lifetime Brands, Inc. ‡ | 4,000 | 51 | ||||||
Newell Rubbermaid, Inc. | 25,000 | 441 | ||||||
Standard Pacific Corp. ‡ | 10,900 | 40 | ||||||
Whirlpool Corp. | 5,600 | 425 | ||||||
Household Products - 0.7% | ||||||||
Central Garden & Pet Co. - Class A ‡ | 4,600 | 48 | ||||||
Colgate-Palmolive Co. | 4,300 | 332 | ||||||
Energizer Holdings, Inc. ‡ | 3,000 | 224 | ||||||
Oil-Dri Corp., of America | 4,600 | 101 | ||||||
Independent Power Producers & Energy Traders - 0.9% | ||||||||
Constellation Energy Group, Inc. | 32,700 | 989 | ||||||
Industrial Conglomerates - 0.3% | ||||||||
Standex International Corp. | 3,400 | 92 | ||||||
Textron, Inc. | 10,500 | 218 | ||||||
Insurance - 2.9% | ||||||||
American Safety Insurance Holdings, Ltd. ‡ | 2,900 | 54 | ||||||
Aspen Insurance Holdings, Ltd. | 17,300 | 491 | ||||||
Endurance Specialty Holdings, Ltd. | 7,800 | 323 | ||||||
Everest RE Group, Ltd. | 3,500 | 295 | ||||||
Hallmark Financial Services, Inc. ‡ | 5,400 | 48 | ||||||
HCC Insurance Holdings, Inc. | 7,400 | 196 | ||||||
Infinity Property & Casualty Corp. | 1,600 | 83 | ||||||
Mercer Insurance Group, Inc. | 2,600 | 48 | ||||||
Montpelier Re Holdings, Ltd. | 2,700 | 49 | ||||||
Platinum Underwriters Holdings, Ltd. | 1,200 | 52 | ||||||
Reinsurance Group of America, Inc. - Class A | 12,600 | 631 | ||||||
State Auto Financial Corp. | 2,900 | 45 | ||||||
Torchmark Corp. | 5,200 | 298 | ||||||
United Fire & Casualty Co. | 2,300 | 46 | ||||||
Unitrin, Inc. | 18,900 | 459 | ||||||
Internet Software & Services - 0.2% | ||||||||
Constant Contact, Inc. ‡ | 3,000 | 69 | ||||||
Internap Network Services Corp. ‡ | 14,600 | 73 | ||||||
Websense, Inc. ‡ | 5,200 | 105 | ||||||
IT Services - 2.4% | ||||||||
Broadridge Financial Solutions, Inc. | 9,300 | 205 | ||||||
CACI International, Inc. - Class A ‡ | 1,200 | 60 | ||||||
Ciber, Inc. ‡ | 8,400 | 31 | ||||||
Convergys Corp. ‡ | 13,400 | 152 | ||||||
CSG Systems International, Inc. ‡ | 5,800 | 113 | ||||||
DST Systems, Inc. | 15,100 | 653 | ||||||
Lionbridge Technologies, Inc. ‡ | 20,200 | 101 | ||||||
ManTech International Corp. - Class A ‡ | 1,200 | 47 | ||||||
Mastercard, Inc. - Class A | 1,700 | 408 | ||||||
MAXIMUS, Inc. | 1,700 | 103 | ||||||
SRA International, Inc. - Class A ‡ | 2,600 | 52 | ||||||
Teletech Holdings, Inc. ‡ | 3,300 | 50 | ||||||
Unisys Corp. ‡ | 3,300 | 76 | ||||||
VeriFone Holdings, Inc. ‡ | 3,400 | 115 | ||||||
Visa, Inc. - Class A | 5,300 | 414 | ||||||
Leisure Equipment & Products - 0.3% | ||||||||
Jakks Pacific, Inc. ‡ | 5,500 | 104 | ||||||
Leapfrog Enterprises, Inc. - Class A ‡ | 4,300 | 24 | ||||||
Multimedia Games, Inc. ‡ | 26,100 | 102 | ||||||
Sturm Ruger & Co., Inc. | 3,900 | 61 | ||||||
Life Sciences Tools & Services - 0.5% | ||||||||
Bruker Corp. ‡ | 3,900 | 58 | ||||||
Cambrex Corp. ‡ | 10,200 | 46 | ||||||
Parexel International Corp. ‡ | 5,000 | 108 | ||||||
Thermo Fisher Scientific, Inc. ‡ | 5,500 | 283 | ||||||
Machinery - 4.8% | ||||||||
Alamo Group, Inc. | 5,000 | 120 | ||||||
ArvinMeritor, Inc. ‡ | 6,300 | 104 | ||||||
Astec Industries, Inc. ‡ | 2,200 | 65 | ||||||
Blount International, Inc. ‡ | 4,100 | 62 | ||||||
Briggs & Stratton Corp. | 5,900 | 104 | ||||||
Deere & Co. | 3,200 | 246 | ||||||
Donaldson Co., Inc. | 8,900 | 434 | ||||||
Gorman-Rupp Co. | 1,800 | 54 | ||||||
ITT Corp. | 11,100 | 524 | ||||||
Joy Global, Inc. | 5,400 | 383 | ||||||
Kadant, Inc. ‡ | 4,000 | 79 | ||||||
Kaydon Corp. | 2,900 | 101 | ||||||
Manitowoc Co., Inc. | 63,800 | 711 | ||||||
Miller Industries, Inc. | 7,300 | 98 | ||||||
Mueller Water Products, Inc. - Class A | 9,600 | 29 | ||||||
Oshkosh Corp. ‡ | 30,000 | 884 | ||||||
Tennant Co. | 3,300 | 111 | ||||||
Timken Co. | 20,600 | 852 | ||||||
Trinity Industries, Inc. | 13,700 | 311 | ||||||
Watts Water Technologies, Inc. - Class A | 1,400 | 49 | ||||||
Media - 1.6% | ||||||||
APAC Customer Services, Inc. ‡ | 17,200 | 104 | ||||||
Arbitron, Inc. | 1,700 | 43 | ||||||
Courier Corp. | 1,700 | 25 | ||||||
Dolan Co. ‡ | 5,700 | 61 | ||||||
Entercom Communications Corp. - Class A ‡ | 6,600 | 55 | ||||||
EW Scripps Co. - Class A ‡ | 3,600 | 31 | ||||||
Gannett Co., Inc. | 7,900 | 94 | ||||||
Lodgenet Interactive Corp. ‡ | 9,100 | 23 | ||||||
News Corp. - Class A | 33,900 | 491 | ||||||
Outdoor Channel Holdings, Inc. ‡ | 6,400 | 34 | ||||||
Scholastic Corp. | 8,200 | 241 | ||||||
Sinclair Broadcast Group, Inc. - Class A ‡ | 6,200 | 50 | ||||||
Viacom, Inc. - Class B | 12,000 | 464 | ||||||
World Wrestling Entertainment, Inc. - Class A | 2,200 | 30 | ||||||
Metals & Mining - 0.7% | ||||||||
Northwest Pipe Co. ‡ | 2,700 | 51 | ||||||
Titanium Metals Corp. ‡ | 16,900 | 332 | ||||||
Worthington Industries, Inc. | 27,700 | 427 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 68
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
Multiline Retail - 0.7% | ||||||||
Big Lots, Inc. ‡ | 7,200 | $ | 226 | |||||
Dillard’s, Inc. - Class A | 1,800 | 46 | ||||||
Dollar Tree, Inc. ‡ | 8,750 | 449 | ||||||
Multi-Utilities - 1.0% | ||||||||
DTE Energy Co. | 9,300 | 435 | ||||||
Integrys Energy Group, Inc. | 13,000 | 691 | ||||||
Oil, Gas & Consumable Fuels - 10.0% | ||||||||
Arch Coal, Inc. | 3,800 | 93 | ||||||
Bill Barrett Corp. ‡ | 11,700 | 442 | ||||||
Chesapeake Energy Corp. | 8,900 | 193 | ||||||
Chevron Corp. | 6,100 | 504 | ||||||
Cimarex Energy Co. | 16,200 | 1,244 | ||||||
Cloud Peak Energy, Inc. ‡ | 6,500 | 113 | ||||||
ConocoPhillips | 9,600 | 570 | ||||||
Energy Partners, Ltd. ‡ | 8,000 | 89 | ||||||
Exco Resources, Inc. | 17,300 | 257 | ||||||
Forest Oil Corp. ‡ | 39,000 | 1,199 | ||||||
Gran Tierra Energy, Inc. ‡ | 8,500 | 63 | ||||||
Hess Corp. | 9,600 | 605 | ||||||
International Coal Group, Inc. ‡ | 7,900 | 44 | ||||||
Murphy Oil Corp. | 1,800 | 117 | ||||||
Panhandle Oil and Gas, Inc. - Class A | 800 | 20 | ||||||
Peabody Energy Corp. | 3,600 | 190 | ||||||
Penn Virginia Corp. | 6,000 | 89 | ||||||
PetroQuest Energy, Inc. ‡ | 9,500 | 53 | ||||||
Pioneer Natural Resources Co. | 11,100 | 775 | ||||||
Southern Union Co. | 24,900 | 626 | ||||||
Stone Energy Corp. ‡ | 2,900 | 45 | ||||||
Sunoco, Inc. | 24,300 | 911 | ||||||
W&T Offshore, Inc. | 5,600 | 61 | ||||||
Walter Energy, Inc. | 10,600 | 932 | ||||||
Warren Resources, Inc. ‡ | 14,600 | 61 | ||||||
Whiting Petroleum Corp. ‡ | 2,700 | 271 | ||||||
Williams Cos., Inc. | 61,500 | 1,324 | ||||||
Paper & Forest Products - 1.1% | ||||||||
International Paper Co. | 28,500 | 720 | ||||||
MeadWestvaco Corp. | 18,500 | 476 | ||||||
Personal Products - 0.6% | ||||||||
Elizabeth Arden, Inc. ‡ | 6,000 | 123 | ||||||
Estee Lauder Cos., Inc. - Class A | 6,400 | 455 | ||||||
Inter Parfums, Inc. | 4,100 | 72 | ||||||
Nu Skin Enterprises, Inc. - Class A | 1,700 | 52 | ||||||
Pharmaceuticals - 2.6% | ||||||||
Eli Lilly & Co. | 15,500 | 546 | ||||||
Hi-Tech Pharmacal Co., Inc. ‡ | 2,900 | 63 | ||||||
Impax Laboratories, Inc. ‡ | 4,800 | 90 | ||||||
Johnson & Johnson | 2,200 | 140 | ||||||
King Pharmaceuticals, Inc. ‡ | 29,500 | 417 | ||||||
Medicis Pharmaceutical Corp. - Class A | 21,600 | 643 | ||||||
Mylan, Inc. ‡ | 33,400 | 678 | ||||||
Obagi Medical Products, Inc. ‡ | 6,100 | 70 | ||||||
Par Pharmaceutical Cos., Inc. ‡ | 3,700 | 120 | ||||||
Professional Services - 0.7% | ||||||||
CBIZ, Inc. ‡ | 4,200 | 25 | ||||||
FTI Consulting, Inc. ‡ | 13,100 | 465 | ||||||
ICF International, Inc. ‡ | 2,900 | 74 | ||||||
Navigant Consulting, Inc. ‡ | 8,300 | 76 | ||||||
VSE Corp. | 2,700 | 95 | ||||||
Real Estate Investment Trusts - 0.0%∞ | ||||||||
Retail Opportunity Investments Corp. | 5,200 | 50 | ||||||
Real Estate Management & Development - 0.4% | ||||||||
Jones Lang Lasalle, Inc. | 6,000 | 468 | ||||||
Road & Rail - 1.1% | ||||||||
Amerco, Inc. ‡ | 900 | 74 | ||||||
CSX Corp. | 4,500 | 277 | ||||||
Kansas City Southern ‡ | 3,700 | 162 | ||||||
Ryder System, Inc. | 15,500 | 678 | ||||||
Semiconductors & Semiconductor Equipment - 4.0% | ||||||||
Applied Materials, Inc. | 18,500 | 229 | ||||||
ATMI, Inc. ‡ | 4,200 | 74 | ||||||
Brooks Automation, Inc. ‡ | 3,700 | 25 | ||||||
Cypress Semiconductor Corp. ‡ | 41,300 | 582 | ||||||
DSP Group, Inc. ‡ | 3,900 | 28 | ||||||
Fairchild Semiconductor International, Inc. - Class A ‡ | 31,300 | 353 | ||||||
FEI Co. ‡ | 3,900 | 85 | ||||||
Lattice Semiconductor Corp. ‡ | 19,100 | 93 | ||||||
Marvell Technology Group, Ltd. ‡ | 22,700 | 438 | ||||||
Micrel, Inc. | 8,600 | 102 | ||||||
Micron Technology, Inc. ‡ | 96,700 | 800 | ||||||
MKS Instruments, Inc. ‡ | 5,600 | 116 | ||||||
Novellus Systems, Inc. ‡ | 4,000 | 117 | ||||||
RF Micro Devices, Inc. ‡ | 112,300 | 819 | ||||||
Silicon Laboratories, Inc. ‡ | 2,700 | 108 | ||||||
Standard Microsystems Corp. ‡ | 4,200 | 101 | ||||||
Supertex, Inc. ‡ | 900 | 21 | ||||||
TriQuint Semiconductor, Inc. ‡ | 10,600 | 109 | ||||||
Veeco Instruments, Inc. ‡ | 2,100 | 88 | ||||||
Software - 4.3% | ||||||||
ACI Worldwide, Inc. ‡ | 16,500 | 402 | ||||||
Amdocs, Ltd. ‡ | 10,500 | 322 | ||||||
BMC Software, Inc. ‡ | 14,300 | 651 | ||||||
CA, Inc. | 27,600 | 641 | ||||||
Deltek, Inc. ‡ | 6,200 | 49 | ||||||
Epicor Software Corp. ‡ | 9,700 | 91 | ||||||
Guidance Software, Inc. ‡ | 6,900 | 45 | ||||||
Manhattan Associates, Inc. ‡ | 4,000 | 123 | ||||||
Microsoft Corp. | 21,300 | 567 | ||||||
Netscout Systems, Inc. ‡ | 3,000 | 70 | ||||||
Progress Software Corp. ‡ | 2,500 | 93 | ||||||
QAD, Inc. | 8,700 | 37 | ||||||
Solarwinds, Inc. ‡ | 5,700 | 103 | ||||||
Symantec Corp. ‡ | 63,200 | 1,024 | ||||||
Synchronoss Technologies, Inc. ‡ | 2,000 | 43 | ||||||
Synopsys, Inc. ‡ | 18,900 | 483 | ||||||
Specialty Retail - 2.5% | ||||||||
Childrens Place Retail Stores, Inc. ‡ | 2,300 | 101 | ||||||
Collective Brands, Inc. ‡ | 3,400 | 52 | ||||||
DSW, Inc. - Class A ‡ | 2,300 | 77 | ||||||
Finish Line, Inc. - Class A | 3,800 | 58 | ||||||
Genesco, Inc. ‡ | 1,900 | 62 | ||||||
Haverty Furniture Cos., Inc. | 3,200 | 34 | ||||||
Hibbett Sports, Inc. ‡ | 4,200 | 113 | ||||||
J. Crew Group, Inc. ‡ | 8,000 | 256 | ||||||
Jo-Ann Stores, Inc. ‡ | 1,100 | 48 | ||||||
Shoe Carnival, Inc. ‡ | 4,600 | 105 | ||||||
Stage Stores, Inc. | 2,800 | 37 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 69
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
Specialty Retail (continued) | ||||||||
TJX Cos., Inc. | 11,600 | $ | 532 | |||||
Williams-Sonoma, Inc. | 37,500 | 1,215 | ||||||
Textiles, Apparel & Luxury Goods - 2.1% | ||||||||
Carter’s, Inc. ‡ | 1,200 | 30 | ||||||
Columbia Sportswear Co. | 900 | 47 | ||||||
Deckers Outdoor Corp. ‡ | 1,900 | 110 | ||||||
Delta Apparel, Inc. ‡ | 4,200 | 54 | ||||||
Fossil, Inc. ‡ | 12,300 | 727 | ||||||
Hanesbrands, Inc. ‡ | 25,900 | 642 | ||||||
Signet Jewelers, Ltd. ‡ | 3,200 | 113 | ||||||
Timberland Co. - Class A ‡ | 14,500 | 304 | ||||||
Unifi, Inc. ‡ | 13,200 | 62 | ||||||
Unifirst Corp. | 2,200 | 101 | ||||||
Warnaco Group, Inc. ‡ | 1,000 | 53 | ||||||
Thrifts & Mortgage Finance - 0.0%∞ | ||||||||
Abington Bancorp, Inc. | 1,900 | 20 | ||||||
Trading Companies & Distributors - 0.2% | ||||||||
Applied Industrial Technologies, Inc. | 3,700 | 113 | ||||||
DXP Enterprises, Inc. ‡ | 5,800 | 110 | ||||||
Wireless Telecommunication Services - 1.9% | ||||||||
MetroPCS Communications, Inc. ‡ | 72,100 | 751 | ||||||
Telephone & Data Systems, Inc. | 36,200 | 1,260 | ||||||
USA Mobility, Inc. | 4,800 | 81 | ||||||
Total Common Stocks (cost $93,146) | 105,898 | |||||||
Principal | Value | |||||||
REPURCHASE AGREEMENT - 8.8% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $9,539 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $9,732. | $ | 9,539 | 9,539 | |||||
Total Repurchase Agreement (cost $9,539) | ||||||||
Total Investment Securities (cost $102,685) # | 115,437 | |||||||
Other Assets and Liabilities - Net | (7,095 | ) | ||||||
Net Assets | $ | 108,342 | ||||||
Shares | Value | |||||||
SECURITIES SOLD SHORT (97.6%) µ | ||||||||
COMMON STOCKS (97.6%) | ||||||||
Aerospace & Defense (3.2%) | ||||||||
AAR Corp. ‡ | (900 | ) | $ | (20 | ) | |||
Aerovironment, Inc. ‡ | (2,100 | ) | (49 | ) | ||||
American Science & Engineering, Inc. | (800 | ) | (66 | ) | ||||
Applied Signal Technology, Inc. | (3,700 | ) | (124 | ) | ||||
Boeing Co. | (6,000 | ) | (424 | ) | ||||
Goodrich Corp. | (4,100 | ) | (336 | ) | ||||
Hexcel Corp. ‡ | (4,800 | ) | (85 | ) | ||||
Orbital Sciences Corp. ‡ | (6,300 | ) | (102 | ) | ||||
Precision Castparts Corp. | (6,000 | ) | (819 | ) | ||||
TASER International, Inc. ‡ | (26,600 | ) | (105 | ) | ||||
Transdigm Group, Inc. ‡ | (18,500 | ) | (1,227 | ) | ||||
Triumph Group, Inc. | (1,200 | ) | (100 | ) | ||||
Air Freight & Logistics (0.5%) | ||||||||
FedEx Corp. | (5,900 | ) | (518 | ) | ||||
Hub Group, Inc. - Class A ‡ | (1,600 | ) | (52 | ) | ||||
Airlines (0.1%) | ||||||||
Skywest, Inc. | (4,200 | ) | (64 | ) | ||||
Auto Components (0.8%) | ||||||||
Amerigon, Inc. ‡ | (7,700 | ) | (83 | ) | ||||
BorgWarner, Inc. ‡ | (8,500 | ) | (477 | ) | ||||
Exide Technologies ‡ | (18,000 | ) | (106 | ) | ||||
Stoneridge, Inc. ‡ | (8,800 | ) | (97 | ) | ||||
Superior Industries International, Inc. | (5,400 | ) | (97 | ) | ||||
Automobiles (0.5%) | ||||||||
Harley-Davidson, Inc. | (17,600 | ) | (540 | ) | ||||
Beverages (1.4%) | ||||||||
Coca-Cola Co. | (9,700 | ) | (595 | ) | ||||
PepsiCo, Inc. | (14,200 | ) | (927 | ) | ||||
Biotechnology (0.2%) | ||||||||
Cepheid, Inc. ‡ | (4,800 | ) | (101 | ) | ||||
Codexis, Inc. ‡ | (5,700 | ) | (58 | ) | ||||
Pharmasset, Inc. ‡ | (2,700 | ) | (102 | ) | ||||
Building Products (0.6%) | ||||||||
Armstrong World Industries, Inc. ‡ | (14,100 | ) | (589 | ) | ||||
NCI Building Systems, Inc. ‡ | (11,500 | ) | (114 | ) | ||||
Capital Markets (1.3%) | ||||||||
Charles Schwab Corp. | (25,500 | ) | (393 | ) | ||||
Evercore Partners, Inc. | (1,300 | ) | (39 | ) | ||||
Greenhill & Co., Inc. | (5,700 | ) | (443 | ) | ||||
optionsXpress Holdings, Inc. ‡ | (3,200 | ) | (51 | ) | ||||
State Street Corp. | (10,400 | ) | (434 | ) | ||||
Teton Advisors, Inc. - Class B ‡ Ə | (3 | ) | (♦ | ) | ||||
Westwood Holdings Group, Inc. | (1,300 | ) | (47 | ) | ||||
Chemicals (2.4%) | ||||||||
Dow Chemical Co. | (24,800 | ) | (764 | ) | ||||
FMC Corp. | (5,800 | ) | (424 | ) | ||||
LSB Industries, Inc. ‡ | (4,300 | ) | (96 | ) | ||||
Monsanto Co. | (9,400 | ) | (559 | ) | ||||
Mosaic Co. | (9,700 | ) | (710 | ) | ||||
Quaker Chemical Corp. | (2,800 | ) | (102 | ) | ||||
Commercial Banks (2.4%) | ||||||||
Associated Banc-Corp. | (33,300 | ) | (423 | ) | ||||
BancorpSouth, Inc. | (12,200 | ) | (161 | ) | ||||
BB&T Corp. | (16,100 | ) | (377 | ) | ||||
Dime Community Bancshares, Inc. | (1,400 | ) | (20 | ) | ||||
FNB Corp. | (5,900 | ) | (50 | ) | ||||
Metro Bancorp, Inc. ‡ | (4,500 | ) | (45 | ) | ||||
PrivateBancorp, Inc. - Class A | (7,800 | ) | (92 | ) | ||||
Sterling Bancshares, Inc. | (3,800 | ) | (20 | ) | ||||
TCF Financial Corp. | (27,700 | ) | (365 | ) | ||||
Texas Capital Bancshares, Inc. ‡ | (2,800 | ) | (51 | ) | ||||
Washington Trust Bancorp, Inc. | (2,600 | ) | (52 | ) | ||||
Wells Fargo & Co. | (11,200 | ) | (292 | ) | ||||
Whitney Holding Corp. | (45,400 | ) | (376 | ) | ||||
Wilmington Trust Corp. | (36,300 | ) | (258 | ) | ||||
Commercial Services & Supplies (0.7%) | ||||||||
Casella Waste Systems, Inc. - Class A ‡ | (9,200 | ) | (45 | ) | ||||
Clean Harbors, Inc. ‡ | (1,400 | ) | (99 | ) | ||||
Deluxe Corp. | (2,400 | ) | (49 | ) | ||||
Electro Rent Corp. | (6,800 | ) | (101 | ) | ||||
Herman Miller, Inc. | (4,600 | ) | (88 | ) | ||||
Innerworkings, Inc. ‡ | (14,800 | ) | (102 | ) | ||||
McGrath Rentcorp | (2,800 | ) | (71 | ) | ||||
Mobile Mini, Inc. ‡ | (5,900 | ) | (103 | ) | ||||
Sykes Enterprises, Inc. ‡ | (7,200 | ) | (120 | ) |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 70
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
Communications Equipment (2.4%) | ||||||||
Acme Packet, Inc. ‡ | (2,100 | ) | $ | (83 | ) | |||
Adtran, Inc. | (36,300 | ) | (1,171 | ) | ||||
Emulex Corp. ‡ | (5,500 | ) | (63 | ) | ||||
Infinera Corp. ‡ | (10,900 | ) | (89 | ) | ||||
Ixia ‡ | (4,600 | ) | (72 | ) | ||||
Juniper Networks, Inc. ‡ | (10,600 | ) | (343 | ) | ||||
KVH Industries, Inc. ‡ | (3,700 | ) | (52 | ) | ||||
Network Equipment Technologies, Inc. ‡ | (9,400 | ) | (30 | ) | ||||
Polycom, Inc. ‡ | (11,500 | ) | (388 | ) | ||||
Riverbed Technology, Inc. ‡ | (2,200 | ) | (127 | ) | ||||
Sycamore Networks, Inc. | (3,200 | ) | (98 | ) | ||||
Viasat, Inc. ‡ | (2,900 | ) | (119 | ) | ||||
Computers & Peripherals (1.3%) | ||||||||
Avid Technology, Inc. ‡ | (7,400 | ) | (93 | ) | ||||
Intermec, Inc. ‡ | (9,500 | ) | (111 | ) | ||||
NCR Corp. ‡ | (31,700 | ) | (435 | ) | ||||
NetApp, Inc. ‡ | (13,100 | ) | (698 | ) | ||||
Stratasys, Inc. ‡ | (900 | ) | (28 | ) | ||||
Construction & Engineering (1.8%) | ||||||||
Fluor Corp. | (20,600 | ) | (993 | ) | ||||
Granite Construction, Inc. | (8,600 | ) | (208 | ) | ||||
MYR Group, Inc. ‡ | (5,500 | ) | (86 | ) | ||||
Orion Marine Group, Inc. ‡ | (9,100 | ) | (114 | ) | ||||
Pike Electric Corp. ‡ | (3,500 | ) | (26 | ) | ||||
Quanta Services, Inc. ‡ | (28,100 | ) | (552 | ) | ||||
Containers & Packaging (2.3%) | ||||||||
AEP Industries, Inc. ‡ | (4,200 | ) | (102 | ) | ||||
Bemis Co., Inc. | (27,100 | ) | (861 | ) | ||||
Greif, Inc. -Class A | (10,200 | ) | (599 | ) | ||||
Packaging Corp., of America | (36,500 | ) | (892 | ) | ||||
Distributors (0.4%) | ||||||||
LKQ Corp. ‡ | (19,300 | ) | (420 | ) | ||||
Diversified Consumer Services (0.9%) | ||||||||
Cambium Learning Group, Inc. ‡ | (16,000 | ) | (49 | ) | ||||
Hillenbrand, Inc. | (42,800 | ) | (920 | ) | ||||
Diversified Financial Services (1.6%) | ||||||||
Bank of America Corp. | (22,600 | ) | (259 | ) | ||||
Interactive Brokers Group, Inc. - Class A ‡ | (26,300 | ) | (492 | ) | ||||
MSCI, Inc. - Class A ‡ | (15,800 | ) | (566 | ) | ||||
NYSE Euronext | (15,200 | ) | (466 | ) | ||||
Diversified Telecommunication Services (2.1%) | ||||||||
AboveNet, Inc. ‡ | (1,500 | ) | (85 | ) | ||||
Atlantic Tele-Network, Inc. | (2,000 | ) | (85 | ) | ||||
CenturyLink, Inc. | (22,200 | ) | (919 | ) | ||||
General Communication, Inc. - Class A ‡ | (4,800 | ) | (50 | ) | ||||
Hughes Communications, Inc. ‡ | (1,100 | ) | (31 | ) | ||||
Windstream Corp. | (81,100 | ) | (1,027 | ) | ||||
Electric Utilities (1.4%) | ||||||||
CH Energy Group, Inc. | (2,200 | ) | (100 | ) | ||||
Empire District Electric Co. | (4,400 | ) | (93 | ) | ||||
ITC Holdings Corp. | (7,300 | ) | (457 | ) | ||||
Southern Co. | (19,100 | ) | (723 | ) | ||||
Unitil Corp. | (4,500 | ) | (98 | ) | ||||
Electrical Equipment (1.0%) | ||||||||
Acuity Brands, Inc. | (2,000 | ) | (100 | ) | ||||
AMETEK, Inc. | (6,600 | ) | (357 | ) | ||||
Emerson Electric Co. | (7,000 | ) | (384 | ) | ||||
Encore Wire Corp. | (3,600 | ) | (75 | ) | ||||
GrafTech International, Ltd. ‡ | (5,400 | ) | (89 | ) | ||||
PowerSecure International, Inc. ‡ | (10,600 | ) | (100 | ) | ||||
Electronic Equipment & Instruments (1.2%) | ||||||||
Agilent Technologies, Inc. ‡ | (11,000 | ) | (383 | ) | ||||
Cognex Corp. | (3,400 | ) | (91 | ) | ||||
FLIR Systems, Inc. ‡ | (15,200 | ) | (422 | ) | ||||
Mercury Computer Systems, Inc. ‡ | (6,600 | ) | (105 | ) | ||||
Plexus Corp. ‡ | (3,100 | ) | (94 | ) | ||||
ScanSource, Inc. ‡ | (2,300 | ) | (69 | ) | ||||
TTM Technologies, Inc. ‡ | (10,100 | ) | (106 | ) | ||||
Energy Equipment & Services (3.4%) | ||||||||
Carbo Ceramics, Inc. | (1,100 | ) | (92 | ) | ||||
Global Industries, Ltd. ‡ | (19,800 | ) | (115 | ) | ||||
Helix Energy Solutions Group, Inc. ‡ | (71,200 | ) | (904 | ) | ||||
Lufkin Industries, Inc. | (2,100 | ) | (103 | ) | ||||
Patterson-UTI Energy, Inc. | (32,500 | ) | (631 | ) | ||||
Pride International, Inc. ‡ | (19,600 | ) | (594 | ) | ||||
Spectra Energy Corp. | (8,200 | ) | (195 | ) | ||||
Tidewater, Inc. | (21,900 | ) | (1,009 | ) | ||||
Food & Staples Retailing (0.4%) | ||||||||
Pantry, Inc. ‡ | (4,400 | ) | (86 | ) | ||||
Susser Holdings Corp. ‡ | (3,800 | ) | (52 | ) | ||||
Sysco Corp. | (6,100 | ) | (179 | ) | ||||
United Natural Foods, Inc. ‡ | (1,400 | ) | (50 | ) | ||||
Winn-Dixie Stores, Inc. ‡ | (3,400 | ) | (23 | ) | ||||
Food Products (3.0%) | ||||||||
Bunge, Ltd. | (7,700 | ) | (463 | ) | ||||
Darling International, Inc. ‡ | (6,600 | ) | (66 | ) | ||||
Diamond Foods, Inc. | (1,200 | ) | (53 | ) | ||||
Green Mountain Coffee Roasters, Inc. ‡ | (31,500 | ) | (1,038 | ) | ||||
Griffin Land & Nurseries, Inc. | (1,900 | ) | (47 | ) | ||||
Harbinger Group, Inc. ‡ | (10,000 | ) | (52 | ) | ||||
Imperial Sugar Co. | (1,900 | ) | (24 | ) | ||||
Kraft Foods, Inc. - Class A | (20,100 | ) | (649 | ) | ||||
Lance, Inc. | (4,500 | ) | (102 | ) | ||||
Ralcorp Holdings, Inc. ‡ | (11,000 | ) | (683 | ) | ||||
Schiff Nutrition International, Inc. | (12,300 | ) | (99 | ) | ||||
TreeHouse Foods, Inc. ‡ | (2,200 | ) | (103 | ) | ||||
Gas Utilities (1.1%) | ||||||||
EQT Corp. | (12,000 | ) | (449 | ) | ||||
National Fuel Gas Co. | (13,500 | ) | (745 | ) | ||||
Health Care Equipment & Supplies (2.3%) | ||||||||
Accuray, Inc. ‡ | (5,400 | ) | �� | (36 | ) | |||
Cutera, Inc. ‡ | (13,800 | ) | (100 | ) | ||||
Dexcom, Inc. ‡ | (6,500 | ) | (89 | ) | ||||
Edwards Lifesciences Corp. ‡ | (15,900 | ) | (1,015 | ) | ||||
Gen-Probe, Inc. ‡ | (6,500 | ) | (315 | ) | ||||
HeartWare International, Inc. ‡ | (600 | ) | (41 | ) | ||||
ICU Medical, Inc. ‡ | (2,500 | ) | (91 | ) | ||||
Iris International, Inc. ‡ | (2,500 | ) | (23 | ) | ||||
Masimo Corp. | (3,200 | ) | (97 | ) | ||||
Natus Medical, Inc. ‡ | (3,900 | ) | (51 | ) | ||||
Neogen Corp. ‡ | (2,900 | ) | (97 | ) | ||||
Orthovita, Inc. ‡ | (10,600 | ) | (23 | ) | ||||
Palomar Medical Technologies, Inc. ‡ | (9,600 | ) | (102 | ) | ||||
Quidel Corp. ‡ | (8,500 | ) | (98 | ) | ||||
Rochester Medical Corp. ‡ | (3,300 | ) | (36 | ) | ||||
Syneron Medical, Ltd. ‡ | (9,500 | ) | (100 | ) | ||||
Volcano Corp. ‡ | (4,100 | ) | (100 | ) | ||||
Zoll Medical Corp. ‡ | (1,500 | ) | (49 | ) |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 71
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
Health Care Providers & Services (1.8%) | ||||||||
Air Methods Corp. ‡ | (2,900 | ) | $ | (119 | ) | |||
Alliance Healthcare Services, Inc. ‡ | (11,100 | ) | (44 | ) | ||||
BioScrip, Inc. ‡ | (21,500 | ) | (121 | ) | ||||
Catalyst Health Solutions, Inc. ‡ | (1,300 | ) | (49 | ) | ||||
Centene Corp. ‡ | (3,200 | ) | (71 | ) | ||||
Ensign Group, Inc. | (1,800 | ) | (34 | ) | ||||
Genoptix, Inc. ‡ | (5,900 | ) | (100 | ) | ||||
Hanger Orthopedic Group, Inc. ‡ | (1,100 | ) | (21 | ) | ||||
HMS Holdings Corp. ‡ | (2,000 | ) | (120 | ) | ||||
Landauer, Inc. | (1,700 | ) | (104 | ) | ||||
RehabCare Group, Inc. ‡ | (4,800 | ) | (107 | ) | ||||
Rural/Metro Corp. ‡ | (7,700 | ) | (66 | ) | ||||
Transcend Services, Inc. ‡ | (7,500 | ) | (131 | ) | ||||
Universal Health Services, Inc. - Class B | (13,800 | ) | (569 | ) | ||||
VCA Antech, Inc. ‡ | (11,600 | ) | (240 | ) | ||||
Health Care Technology (0.1%) | ||||||||
Computer Programs & Systems, Inc. | (2,400 | ) | (109 | ) | ||||
MedAssets, Inc. ‡ | (2,300 | ) | (43 | ) | ||||
Hotels, Restaurants & Leisure (2.8%) | ||||||||
Ambassadors Group, Inc. | (8,800 | ) | (98 | ) | ||||
Bally Technologies, Inc. ‡ | (2,300 | ) | (83 | ) | ||||
Buffalo Wild Wings, Inc. ‡ | (2,100 | ) | (99 | ) | ||||
Churchill Downs, Inc. | (3,100 | ) | (112 | ) | ||||
Einstein Noah Restaurant Group, Inc. ‡ | (4,500 | ) | (50 | ) | ||||
Isle of Capri Casinos, Inc. ‡ | (6,400 | ) | (51 | ) | ||||
Krispy Kreme Doughnuts, Inc. ‡ | (21,200 | ) | (119 | ) | ||||
McDonald’s Corp. | (3,900 | ) | (303 | ) | ||||
Penn National Gaming, Inc. ‡ | (20,300 | ) | (675 | ) | ||||
Royal Caribbean Cruises, Ltd. ‡ | (3,100 | ) | (123 | ) | ||||
Scientific Games Corp. - Class A ‡ | (40,100 | ) | (317 | ) | ||||
Shuffle Master, Inc. ‡ | (9,700 | ) | (91 | ) | ||||
Sonic Corp. ‡ | (6,200 | ) | (55 | ) | ||||
Starwood Hotels & Resorts Worldwide, Inc. | (2,500 | ) | (135 | ) | ||||
Vail Resorts, Inc. ‡ | (2,200 | ) | (89 | ) | ||||
WMS Industries, Inc. ‡ | (15,300 | ) | (668 | ) | ||||
Household Durables (3.9%) | ||||||||
Fortune Brands, Inc. | (5,900 | ) | (319 | ) | ||||
Interface, Inc. - Class A | (3,500 | ) | (50 | ) | ||||
Jarden Corp. | (32,800 | ) | (1,051 | ) | ||||
MDC Holdings, Inc. | (31,700 | ) | (816 | ) | ||||
Meritage Homes Corp. ‡ | (3,800 | ) | (70 | ) | ||||
National Presto Industries, Inc. | (800 | ) | (90 | ) | ||||
Stanley Black & Decker, Inc. | (16,500 | ) | (1,023 | ) | ||||
Toll Brothers, Inc. ‡ | (41,300 | ) | (741 | ) | ||||
Household Products (0.5%) | ||||||||
Clorox Co. | (5,800 | ) | (386 | ) | ||||
Spectrum Brands Holdings, Inc. ‡ | (3,800 | ) | (108 | ) | ||||
Independent Power Producers & Energy Traders (0.7%) | ||||||||
Calpine Corp. ‡ | (60,100 | ) | (751 | ) | ||||
Insurance (3.2%) | ||||||||
AON Corp. | (5,400 | ) | (215 | ) | ||||
Arthur J. Gallagher & Co. | (18,100 | ) | (510 | ) | ||||
Assured Guaranty, Ltd. | (30,600 | ) | (583 | ) | ||||
Brown & Brown, Inc. | (23,200 | ) | (517 | ) | ||||
Enstar Group, Ltd. ‡ | (700 | ) | (56 | ) | ||||
Erie Indemnity Co. - Class A | (9,800 | ) | (560 | ) | ||||
Fidelity National Financial, Inc. - Class A | (19,600 | ) | (262 | ) | ||||
FPIC Insurance Group, Inc. ‡ | (1,400 | ) | (50 | ) | ||||
Hilltop Holdings, Inc. ‡ | (3,800 | ) | (38 | ) | ||||
Old Republic International Corp. | (24,300 | ) | (321 | ) | ||||
PartnerRe, Ltd. | (3,200 | ) | (254 | ) | ||||
Progressive Corp. | (5,100 | ) | (108 | ) | ||||
Internet Software & Services (0.3%) | ||||||||
Dealertrack Holdings, Inc. ‡ | (3,200 | ) | (62 | ) | ||||
Savvis, Inc. ‡ | (5,300 | ) | (127 | ) | ||||
support.com, Inc. ‡ | (18,300 | ) | (104 | ) | ||||
IT Services (0.9%) | ||||||||
Cass Information Systems, Inc. | (2,400 | ) | (83 | ) | ||||
Hackett Group, Inc. ‡ | (25,200 | ) | (98 | ) | ||||
iGate Corp. | (2,700 | ) | (55 | ) | ||||
Integral Systems, Inc. ‡ | (10,600 | ) | (90 | ) | ||||
Paychex, Inc. | (13,100 | ) | (364 | ) | ||||
RightNow Technologies, Inc. ‡ | (4,300 | ) | (112 | ) | ||||
Sapient Corp. | (6,900 | ) | (91 | ) | ||||
Syntel, Inc. | (1,000 | ) | (49 | ) | ||||
Virtusa Corp. ‡ | (5,700 | ) | (81 | ) | ||||
Leisure Equipment & Products (0.8%) | ||||||||
Hasbro, Inc. | (14,700 | ) | (680 | ) | ||||
Marine Products Corp. ‡ | (9,300 | ) | (58 | ) | ||||
RC2 Corp. ‡ | (3,900 | ) | (82 | ) | ||||
Life Sciences Tools & Services (0.8%) | ||||||||
AMAG Pharmaceuticals, Inc. ‡ | (1,100 | ) | (18 | ) | ||||
Dionex Corp. ‡ | (600 | ) | (54 | ) | ||||
Illumina, Inc. ‡ | (14,600 | ) | (792 | ) | ||||
Machinery (2.7%) | ||||||||
Badger Meter, Inc. | (2,400 | ) | (100 | ) | ||||
Bucyrus International, Inc. - Class A | (7,100 | ) | (484 | ) | ||||
Chart Industries, Inc. ‡ | (5,500 | ) | (128 | ) | ||||
Douglas Dynamics, Inc. | (1,600 | ) | (23 | ) | ||||
Dynamic Materials Corp. | (4,200 | ) | (65 | ) | ||||
Force Protection, Inc. ‡ | (16,600 | ) | (93 | ) | ||||
John Bean Technologies Corp. | (5,800 | ) | (99 | ) | ||||
Middleby Corp. ‡ | (1,400 | ) | (105 | ) | ||||
Mueller Industries, Inc. | (3,100 | ) | (91 | ) | ||||
PACCAR, Inc. | (7,400 | ) | (379 | ) | ||||
Sun Hydraulics Corp. | (2,900 | ) | (90 | ) | ||||
Terex Corp. ‡ | (49,700 | ) | (1,116 | ) | ||||
Wabash National Corp. ‡ | (12,400 | ) | (100 | ) | ||||
Marine (0.1%) | ||||||||
Hornbeck Offshore Services, Inc. ‡ | (3,400 | ) | (76 | ) | ||||
Media (1.3%) | ||||||||
CKX, Inc. ‡ | (18,600 | ) | (76 | ) | ||||
Dreamworks Animation SKG, Inc. - Class A ‡ | (19,800 | ) | (698 | ) | ||||
Fisher Communications, Inc. ‡ | (2,400 | ) | (44 | ) | ||||
Lamar Advertising Co. - Class A ‡ | (2,800 | ) | (95 | ) | ||||
Rentrak Corp. ‡ | (2,900 | ) | (79 | ) | ||||
Scripps Networks Interactive, Inc. - Class A | (4,800 | ) | (244 | ) | ||||
Walt Disney Co. | (5,500 | ) | (199 | ) | ||||
Metals & Mining (2.0%) | ||||||||
Allegheny Technologies, Inc. | (16,700 | ) | (879 | ) | ||||
Compass Minerals International, Inc. | (10,000 | ) | (789 | ) | ||||
Horsehead Holdings Corp. ‡ | (10,300 | ) | (113 | ) | ||||
Nucor Corp. | (7,800 | ) | (298 | ) | ||||
RTI International Metals, Inc. ‡ | (2,500 | ) | (78 | ) | ||||
Multiline Retail (0.5%) | ||||||||
JC Penney Co., Inc. | (9,000 | ) | (281 | ) | ||||
PriceSmart, Inc. | (1,500 | ) | (44 | ) | ||||
Stein Mart, Inc. ‡ | (10,900 | ) | (102 | ) | ||||
Tuesday Morning Corp. ‡ | (17,800 | ) | (85 | ) |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 72
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
Multi-Utilities (2.9%) | ||||||||
Alliant Energy Corp. | (8,700 | ) | $ | (318 | ) | |||
Black Hills Corp. | (13,400 | ) | (427 | ) | ||||
Dominion Resources, Inc. | (16,700 | ) | (726 | ) | ||||
NorthWestern Corp. | (3,500 | ) | (104 | ) | ||||
PG&E Corp. | (8,200 | ) | (392 | ) | ||||
Public Service Enterprise Group, Inc. | (26,900 | ) | (870 | ) | ||||
Vectren Corp. | (12,600 | ) | (345 | ) | ||||
Oil, Gas & Consumable Fuels (7.8%) | ||||||||
Cabot Oil & Gas Corp. | (30,200 | ) | (875 | ) | ||||
Carrizo Oil & Gas, Inc. ‡ | (5,200 | ) | (123 | ) | ||||
Comstock Resources, Inc. ‡ | (17,100 | ) | (382 | ) | ||||
Consol Energy, Inc. | (26,400 | ) | (970 | ) | ||||
Denbury Resources, Inc. ‡ | (59,200 | ) | (1,008 | ) | ||||
EOG Resources, Inc. | (9,100 | ) | (871 | ) | ||||
Goodrich Petroleum Corp. ‡ | (1,600 | ) | (22 | ) | ||||
James River Coal Co. ‡ | (5,500 | ) | (95 | ) | ||||
Magnum Hunter Resources Corp. ‡ | (5,400 | ) | (26 | ) | ||||
Massey Energy Co. | (9,500 | ) | (400 | ) | ||||
Northern Oil and Gas Inc. ‡ | (3,700 | ) | (73 | ) | ||||
Overseas Shipholding Group, Inc. | (22,300 | ) | (745 | ) | ||||
Patriot Coal Corp. ‡ | (19,200 | ) | (259 | ) | ||||
Petrohawk Energy Corp. ‡ | (24,500 | ) | (417 | ) | ||||
Plains Exploration & Production Co. ‡ | (41,200 | ) | (1,149 | ) | ||||
Rex Energy Corp. ‡ | (9,500 | ) | (117 | ) | ||||
Rosetta Resources, Inc. ‡ | (4,600 | ) | (110 | ) | ||||
South Jersey Industries, Inc. | (700 | ) | (35 | ) | ||||
Tesoro Corp. | (56,300 | ) | (730 | ) | ||||
Venoco, Inc. ‡ | (3,000 | ) | (46 | ) | ||||
Paper & Forest Products (0.1%) | ||||||||
Deltic Timber Corp. | (2,400 | ) | (112 | ) | ||||
Pharmaceuticals (1.6%) | ||||||||
Merck & Co., Inc. | (12,100 | ) | (439 | ) | ||||
Pain Therapeutics, Inc. ‡ | (15,900 | ) | (122 | ) | ||||
Pfizer, Inc. | (11,600 | ) | (202 | ) | ||||
Salix Pharmaceuticals, Ltd. ‡ | (2,600 | ) | (98 | ) | ||||
Sucampo Pharmaceuticals, Inc. - Class A ‡ | (15,100 | ) | (51 | ) | ||||
Warner Chilcott PLC -Class A | (5,300 | ) | (127 | ) | ||||
Watson Pharmaceuticals, Inc. ‡ | (14,200 | ) | (663 | ) | ||||
Professional Services (3.2%) | ||||||||
Acacia Research - Acacia Technologies ‡ | (2,400 | ) | (64 | ) | ||||
Corporate Executive Board Co. | (3,300 | ) | (103 | ) | ||||
CoStar Group, Inc. ‡ | (2,000 | ) | (99 | ) | ||||
Equifax, Inc. | (7,800 | ) | (258 | ) | ||||
Franklin Covey Co. ‡ | (4,000 | ) | (34 | ) | ||||
IHS, Inc. - Class A ‡ | (8,500 | ) | (614 | ) | ||||
Korn/Ferry International ‡ | (5,800 | ) | (102 | ) | ||||
Monster Worldwide, Inc. ‡ | (51,200 | ) | (924 | ) | ||||
Resources Connection, Inc. | (5,600 | ) | (91 | ) | ||||
Robert Half International, Inc. | (20,600 | ) | (558 | ) | ||||
Towers Watson & Co. - Class A | (12,600 | ) | (648 | ) | ||||
Real Estate Management & Development (0.1%) | ||||||||
Forestar Group, Inc. ‡ | (5,200 | ) | (89 | ) | ||||
Tejon Ranch Co. ‡ | (900 | ) | (20 | ) | ||||
Road & Rail (1.1%) | ||||||||
Arkansas Best Corp. | (4,000 | ) | (101 | ) | ||||
Avis Budget Group, Inc. ‡ | (8,900 | ) | (103 | ) | ||||
Hertz Global Holdings, Inc. ‡ | (73,300 | ) | (830 | ) | ||||
Knight Transportation, Inc. | (3,900 | ) | (70 | ) | ||||
Marten Transport, Ltd. | (4,700 | ) | (100 | ) | ||||
Semiconductors & Semiconductor Equipment (5.4%) | ||||||||
Advanced Energy Industries, Inc. ‡ | (6,600 | ) | (95 | ) | ||||
Ceva, Inc. ‡ | (7,400 | ) | (137 | ) | ||||
Cree, Inc. ‡ | (14,500 | ) | (744 | ) | ||||
Entropic Communications, Inc. ‡ | (2,700 | ) | (23 | ) | ||||
FormFactor, Inc. ‡ | (8,600 | ) | (84 | ) | ||||
International Rectifier Corp. ‡ | (34,800 | ) | (808 | ) | ||||
Intersil Corp. - Class A | (42,800 | ) | (560 | ) | ||||
Maxim Integrated Products, Inc. | (17,500 | ) | (379 | ) | ||||
Memc Electronic Materials, Inc. ‡ | (86,900 | ) | (1,114 | ) | ||||
Mips Technologies, Inc. - Class A ‡ | (8,400 | ) | (123 | ) | ||||
Netlogic Microsystems, Inc. ‡ | (4,300 | ) | (129 | ) | ||||
NVIDIA Corp. ‡ | (29,700 | ) | (357 | ) | ||||
Semtech Corp. ‡ | (5,800 | ) | (124 | ) | ||||
Tessera Technologies, Inc. ‡ | (5,300 | ) | (105 | ) | ||||
Texas Instruments, Inc. | (31,600 | ) | (934 | ) | ||||
Xilinx, Inc. | (4,100 | ) | (110 | ) | ||||
Software (3.8%) | ||||||||
Adobe Systems, Inc. ‡ | (26,100 | ) | (735 | ) | ||||
Concur Technologies, Inc. ‡ | (1,500 | ) | (77 | ) | ||||
DemandTec, Inc. ‡ | (11,700 | ) | (124 | ) | ||||
Electronic Arts, Inc. ‡ | (57,200 | ) | (907 | ) | ||||
JDA Software Group, Inc. ‡ | (4,000 | ) | (101 | ) | ||||
PROS Holdings, Inc. ‡ | (3,100 | ) | (32 | ) | ||||
Red Hat, Inc. ‡ | (21,500 | ) | (908 | ) | ||||
Salesforce.com, Inc. ‡ | (8,500 | ) | (986 | ) | ||||
Successfactors, Inc. ‡ | (2,500 | ) | (68 | ) | ||||
Taleo Corp. - Class A ‡ | (1,100 | ) | (32 | ) | ||||
Tivo, Inc. ‡ | (8,700 | ) | (97 | ) | ||||
Tyler Technologies, Inc. ‡ | (4,600 | ) | (94 | ) | ||||
Specialty Retail (3.4%) | ||||||||
Abercrombie & Fitch Co. - Class A | (16,000 | ) | (686 | ) | ||||
Bebe Stores, Inc. | (7,700 | ) | (51 | ) | ||||
Hot Topic, Inc. | (18,100 | ) | (104 | ) | ||||
Lithia Motors, Inc. - Class A | (6,500 | ) | (71 | ) | ||||
Lowe’s Cos., Inc. | (19,400 | ) | (414 | ) | ||||
Lumber Liquidators Holdings, Inc. ‡ | (4,100 | ) | (99 | ) | ||||
O’Reilly Automotive, Inc. ‡ | (12,500 | ) | (730 | ) | ||||
Penske Automotive Group, Inc. ‡ | (3,800 | ) | (51 | ) | ||||
RadioShack Corp. | (38,600 | ) | (776 | ) | ||||
Rue21, Inc. ‡ | (1,900 | ) | (51 | ) | ||||
Rush Enterprises, Inc. - Class A ‡ | (2,100 | ) | (33 | ) | ||||
Systemax, Inc. | (3,900 | ) | (51 | ) | ||||
Urban Outfitters, Inc. ‡ | (14,000 | ) | (431 | ) | ||||
Wet Seal, Inc. - Class A ‡ | (13,300 | ) | (47 | ) | ||||
Zumiez, Inc. ‡ | (4,700 | ) | (123 | ) | ||||
Textiles, Apparel & Luxury Goods (1.1%) | ||||||||
Iconix Brand Group, Inc. ‡ | (4,800 | ) | (84 | ) | ||||
K-Swiss, Inc. - Class A ‡ | (3,900 | ) | (47 | ) | ||||
Phillips-Van Heusen Corp. | (15,400 | ) | (945 | ) | ||||
Steven Madden, Ltd. ‡ | (2,150 | ) | (91 | ) | ||||
Volcom, Inc. ‡ | (3,400 | ) | (58 | ) | ||||
Thrifts & Mortgage Finance (0.9%) | ||||||||
ESSA Bancorp, Inc. | (5,100 | ) | (65 | ) | ||||
Hudson City Bancorp, Inc. | (24,600 | ) | (287 | ) | ||||
New York Community Bancorp, Inc. | (27,200 | ) | (459 | ) | ||||
PMI Group, Inc. ‡ | (21,700 | ) | (73 | ) | ||||
Provident New York Bancorp | (5,300 | ) | (47 | ) |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 73
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Shares | Value | |||||||
Trading Companies & Distributors (1.3%) | ||||||||
Aceto Corp. | (5,300 | ) | $ | (39 | ) | |||
Houston Wire & Cable Co. | (6,800 | ) | (78 | ) | ||||
MSC Industrial Direct Co. - Class A | (9,000 | ) | (512 | ) | ||||
RSC Holdings, Inc. ‡ | (12,700 | ) | (103 | ) | ||||
Titan Machinery, Inc. ‡ | (5,900 | ) | (115 | ) | ||||
United Rentals, Inc. ‡ | (29,700 | ) | (558 | ) | ||||
Transportation Infrastructure (0.0%) | ||||||||
Quality Distribution, Inc. ‡ | (5,400 | ) | (39 | ) | ||||
Water Utilities (0.6%) | ||||||||
Aqua America, Inc. | (28,300 | ) | (610 | ) | ||||
Connecticut Water Service, Inc. | (3,500 | ) | (85 | ) | ||||
Wireless Telecommunication Services (1.2%) | ||||||||
Leap Wireless International, Inc. ‡ | (41,700 | ) | (476 | ) | ||||
SBA Communications Corp. - Class A ‡ | (22,100 | ) | (867 | ) | ||||
Total Common Stocks (proceeds $95,530) | (105,764 | ) | ||||||
Total Securities Sold Short (proceeds $95,530) | $ | (105,764 | ) | |||||
‡ | Non-income producing security. | |
µ | Cash in the amount of $98,819 is segregated with the broker to cover margin requirements for open securities sold short transactions. | |
∞ | Percentage rounds to less than 0.1%. | |
Ə | Security fair valued as determined in good faith in accordance with procedures established by the Board of Trustees. This security had a market value of less than $1, or less than 0.1%, of the fund’s net assets. | |
♦ | Value is less than $1 or $(1). | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
# | Aggregate cost for federal income tax purposes is $103,260. Aggregate gross unrealized appreciation for all securities in which there is an excess of value over tax cost were $14,515 and $2,338, respectively. Net unrealized appreciation for tax purposes is $12,177. |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 105,576 | $ | 322 | $ | — | $ | 105,898 | ||||||||
Repurchase Agreement | — | 9,539 | — | 9,539 | ||||||||||||
Total | $ | 105,576 | $ | 9,861 | $ | — | $ | 115,437 | ||||||||
Securities Sold Short | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | (105,418 | ) | $ | (346 | ) | $ | — | $ | (105,764 | ) |
Beginning | Net Transfers | Ending | ||||||||||||||||||||||||||
Balance at | Net | Accrued | Total Realized | Change in Unrealized | (In)/Out of | Balance at | ||||||||||||||||||||||
Securities | 10/31/2009 | (Purchases)/Sales | Discounts/(Premiums) | Gain/(Loss) | Appreciation/(Depreciation) | Level 3 | 10/31/2010 | |||||||||||||||||||||
Common Stock | $ | (♦ | ) | $ | (♦ | ) | $ | — | $ | ♦ | $ | — | $ | ♦ | $ | — |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 74
Table of Contents
SCHEDULE OF INVESTMENTS
At October 31, 2010
(all amounts except share amounts in thousands)
Principal | Value | |||||||
U.S. GOVERNMENT OBLIGATION - 5.4% | ||||||||
United States - 5.4% | ||||||||
U.S. Treasury Note 0.63%, 07/31/2012 | $ | 5,000 | $ | 5,026 | ||||
Total U.S. Government Obligation (cost$5,010) |
Shares | Value | |||||||
COMMON STOCKS - 30.9% | ||||||||
Australia - 0.9% | ||||||||
Telstra Corp., Ltd. | 325,000 | 850 | ||||||
Canada - 0.2% | ||||||||
Yamana Gold, Inc. | 18,000 | 198 | ||||||
Japan - 6.4% | ||||||||
KDDI Corp. | 160 | 862 | ||||||
Mitsumi Electric Co., Ltd. | 36,000 | 613 | ||||||
NTT DoCoMo, Inc. | 660 | 1,112 | ||||||
Sankyo Co., Ltd. | 18,000 | 960 | ||||||
Secom Co., Ltd. | 19,000 | 863 | ||||||
Toyo Suisan Kaisha, Ltd. | 32,000 | 686 | ||||||
Yamato Holdings Co., Ltd. | 65,000 | 819 | ||||||
Switzerland - 3.2% | ||||||||
Actelion, Ltd. ‡ | 22,000 | 1,098 | ||||||
Nobel Biocare Holding AG | 57,000 | 942 | ||||||
Noble Corp. | 26,000 | 898 | ||||||
United Kingdom - 1.4% | ||||||||
AstraZeneca PLC | 12,000 | 602 | ||||||
Ensco PLC ADR | 15,000 | 695 | ||||||
United States - 18.8% | ||||||||
American Eagle Outfitters, Inc. | 33,000 | 528 | ||||||
Amgen, Inc. ‡ | 19,000 | 1,086 | ||||||
AT&T, Inc. | 22,000 | 627 | ||||||
Baxter International, Inc. | 13,000 | 662 | ||||||
Becton, Dickinson and Co. | 8,000 | 604 | ||||||
Cephalon, Inc. ‡ Λ | 13,000 | 864 | ||||||
Chico’s FAS, Inc. | 54,000 | 525 | ||||||
Computer Sciences Corp. | 15,000 | 736 | ||||||
Constellation Energy Group, Inc. | 23,000 | 696 | ||||||
Exelon Corp. | 17,000 | 694 | ||||||
Gilead Sciences, Inc. ‡ | 43,000 | 1,705 | ||||||
Itron, Inc. ‡ | 14,000 | 851 | ||||||
Microsoft Corp. | 42,000 | 1,119 | ||||||
Nabors Industries, Ltd. ‡ | 45,000 | 941 | ||||||
Quest Diagnostics, Inc. | 15,000 | 737 | ||||||
Royal Gold, Inc. | 14,000 | 693 | ||||||
SUPERVALU, Inc. | 78,000 | 842 | ||||||
Tidewater, Inc. Λ | 25,000 | 1,153 | ||||||
Ultra Petroleum Corp. ‡ | 16,000 | 658 | ||||||
Unit Corp. ‡ | 23,000 | 902 | ||||||
Zimmer Holdings, Inc. ‡ | 15,000 | 711 | ||||||
Total Common Stocks (cost $26,742) | 28,532 | |||||||
INVESTMENT COMPANIES - 6.6% | ||||||||
Canada - 4.8% | ||||||||
Central Fund of Canada, Ltd. — Class A Λ | 250,000 | 4,425 | ||||||
United States - 1.8% | ||||||||
PowerShares DB Agriculture Fund | 56,000 | 1,664 | ||||||
Total Investment Companies (cost $4,596) | 6,089 | |||||||
Notional | ||||||||
Amount | Value | |||||||
PURCHASED OPTIONS - 3.5% | ||||||||
Put Options - 3.5% | ||||||||
Financial Select Sector SPDR Fund | $ | 220 | $ | 167 | ||||
Put Strike $15.00 | ||||||||
Expires 12/18/2010 | ||||||||
iShares MSCI Emerging Market Index Fund | 260 | 260 | ||||||
Put Strike $44.00 | ||||||||
Expires 12/18/2010 | ||||||||
iShares Russell 2000 Index Fund | 160 | 286 | ||||||
Put Strike $66.00 | ||||||||
Expires 12/31/2010 | ||||||||
iShares Russell 2000 Index Fund | 30 | 34 | ||||||
Put Strike $63.00 | ||||||||
Expires 12/31/2010 | ||||||||
iShares Russell 2000 Index Fund | 110 | 507 | ||||||
Put Strike $72.00 | ||||||||
Expires 01/22/2011 | ||||||||
SPDR S&P 500 ETF Trust | 90 | 254 | ||||||
Put Strike $115.00 | ||||||||
Expires 12/31/2010 | ||||||||
SPDR S&P 500 ETF Trust | 170 | 939 | ||||||
Put Strike $120.00 | ||||||||
Expires 01/22/2011 | ||||||||
SPDR S&P Midcap 400 ETF Trust | 70 | 466 | ||||||
Put Strike $150.00 | ||||||||
Expires 01/22/2011 | ||||||||
SPDR S&P Retail ETF | 180 | 115 | ||||||
Put Strike $40.00 | ||||||||
Expires 12/18/2010 | ||||||||
SPDR S&P Retail ETF | 120 | 144 | ||||||
Put Strike $42.00 | ||||||||
Expires 12/18/2010 | ||||||||
SPDR S&P Retail ETF | 30 | 95 | ||||||
Put Strike $45.00 | ||||||||
Expires 01/22/2011 | ||||||||
Total Purchased Options (cost $6,422) | 3,267 | |||||||
Shares | Value | |||||||
SECURITIES LENDING COLLATERAL - 1.7% | ||||||||
State Street Navigator Securities Lending | ||||||||
Trust — Prime Portfolio, 0.35% ▲ | 1,537,638 | 1,538 | ||||||
Total Securities Lending Collateral (cost $1,538) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 54.1% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $50,045 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $51,049. | $ | 50,045 | 50,045 | |||||
Total Repurchase Agreement (cost $50,045) | ||||||||
Total Investment Securities (cost $94,353) # | 94,497 | |||||||
Other Assets and Liabilities — Net | (2,025 | ) | ||||||
Net Assets | $ | 92,472 | ||||||
Transamerica Funds | Annual Report 2010 |
Page 75
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Amount in U.S. | Net Unrealized | |||||||||||||||
Settlement | Dollars Bought | Appreciation | ||||||||||||||
Currency | Bought (Sold) | Date | (Sold) | (Depreciation) | ||||||||||||
Australian Dollar | (1,800 | ) | 12/22/2010 | $ | (1,643 | ) | $ | (109 | ) | |||||||
Australian Dollar | (1,000 | ) | 12/22/2010 | (913 | ) | (60 | ) | |||||||||
Brazilian Real | 2,285 | 12/02/2010 | 1,317 | 19 | ||||||||||||
Brazilian Real | (2,285 | ) | 12/02/2010 | (1,278 | ) | (58 | ) | |||||||||
Canadian Dollar | (4,200 | ) | 12/03/2010 | (4,073 | ) | (41 | ) | |||||||||
Euro | (1,100 | ) | 12/15/2010 | (1,501 | ) | (29 | ) | |||||||||
Hungarian Forint | (268,870 | ) | 01/21/2011 | (1,343 | ) | (22 | ) | |||||||||
Japanese Yen | (159,129 | ) | 12/27/2010 | (1,902 | ) | (76 | ) | |||||||||
Japanese Yen | (289,754 | ) | 12/27/2010 | (3,462 | ) | (140 | ) | |||||||||
Mexican Peso | (23,100 | ) | 12/17/2010 | (1,834 | ) | (31 | ) | |||||||||
Mexican Peso | 23,100 | 12/17/2010 | 1,751 | 113 | ||||||||||||
New Zealand Dollar | (1,400 | ) | 12/22/2010 | (1,038 | ) | (25 | ) | |||||||||
New Zealand Dollar | (1,750 | ) | 12/22/2010 | (1,260 | ) | (68 | ) | |||||||||
Peruvian Sol | (607 | ) | 04/11/2011 | (214 | ) | (3 | ) | |||||||||
Peruvian Sol | 607 | 04/11/2011 | 212 | 4 | ||||||||||||
Polish Zloty | (4,200 | ) | 12/17/2010 | (1,385 | ) | (84 | ) | |||||||||
Polish Zloty | 4,200 | 12/17/2010 | 1,345 | 123 | ||||||||||||
Polish Zloty | (3,300 | ) | 01/21/2011 | (1,146 | ) | (5 | ) | |||||||||
Pound Sterling | (700 | ) | 11/18/2010 | (1,065 | ) | (56 | ) | |||||||||
Pound Sterling | 575 | 11/18/2010 | 894 | 27 | ||||||||||||
Pound Sterling | (800 | ) | 11/18/2010 | (1,276 | ) | (6 | ) | |||||||||
Pound Sterling | (300 | ) | 11/18/2010 | (456 | ) | (24 | ) | |||||||||
Republic of Korea Won | (390,150 | ) | 03/23/2011 | (317 | ) | (32 | ) | |||||||||
Republic of Korea Won | 390,149 | 03/23/2011 | 340 | 9 | ||||||||||||
Singapore Dollar | (1,695 | ) | 12/02/2010 | (1,267 | ) | (43 | ) | |||||||||
Singapore Dollar | 1,695 | 12/02/2010 | 1,251 | 58 | ||||||||||||
South African Rand | (9,659 | ) | 11/30/2010 | (1,241 | ) | (132 | ) | |||||||||
South African Rand | 5,675 | 11/30/2010 | 810 | (3 | ) | |||||||||||
South African Rand | 3,300 | 11/30/2010 | 471 | (2 | ) | |||||||||||
South African Rand | (9,500 | ) | 11/30/2010 | (1,273 | ) | (77 | ) | |||||||||
Swedish Krona | (8,800 | ) | 12/21/2010 | (1,283 | ) | (32 | ) | |||||||||
Swedish Krona | (3,000 | ) | 12/21/2010 | (446 | ) | (2 | ) | |||||||||
Swiss Franc | (810 | ) | 11/10/2010 | (798 | ) | (25 | ) | |||||||||
Swiss Franc | (1,500 | ) | 11/10/2010 | (1,447 | ) | (78 | ) | |||||||||
Swiss Franc | (1,067 | ) | 11/10/2010 | (1,026 | ) | (58 | ) | |||||||||
Turkish Lira | (2,400 | ) | 12/30/2010 | (1,684 | ) | 28 | ||||||||||
$ | (940 | ) | ||||||||||||||
Unrealized | ||||||||||||||
Settlement | Appreciation | |||||||||||||
Bought/Sold | Currency | Amount | Date | (Depreciation) | ||||||||||
Buy | Australian Dollar | 1,450 | 11/02/2010 | $ | 207 | |||||||||
Sell | Swiss Franc | (1,281 | ) | 11/02/2010 | (88 | ) | ||||||||
Buy | Australian Dollar | 1,900 | 11/02/2010 | 230 | ||||||||||
Sell | Japanese Yen | (141,588 | ) | 11/02/2010 | (129 | ) | ||||||||
Buy | Australian Dollar | 1,217 | 11/15/2010 | (9 | ) | |||||||||
Sell | Turkish Lira | (1,700 | ) | 11/15/2010 | 17 | |||||||||
Buy | Canadian Dollar | 1,123 | 12/30/2010 | 5 | ||||||||||
Sell | New Zealand Dollar | (1,500 | ) | 12/30/2010 | (43 | ) | ||||||||
Buy | Euro | 994 | 12/17/2010 | 108 | ||||||||||
Sell | New Zealand Dollar | (1,800 | ) | 12/17/2010 | (91 | ) | ||||||||
Buy | Euro | 992 | 12/15/2010 | 104 | ||||||||||
Sell | Swiss Franc | (1,300 | ) | 12/15/2010 | (46 | ) | ||||||||
Buy | Euro | 800 | 12/30/2010 | 70 | ||||||||||
Sell | South African Rand | (7,502 | ) | 12/30/2010 | (19 | ) | ||||||||
Buy | Japanese Yen | 146,693 | 11/02/2010 | 195 | ||||||||||
Sell | Australian Dollar | (1,900 | ) | 11/02/2010 | (233 | ) | ||||||||
Buy | Japanese Yen | 114,170 | 11/11/2010 | 86 | ||||||||||
Sell | Swedish Krona | (9,450 | ) | 11/11/2010 | (81 | ) |
Transamerica Funds | Annual Report 2010 |
Page 76
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Unrealized | ||||||||||||||
Settlement | Appreciation | |||||||||||||
Bought/Sold | Currency | Amount | Date | (Depreciation) | ||||||||||
Buy | New Zealand Dollar | 1,800 | 12/17/2010 | $ | 40 | |||||||||
Sell | Euro | (970 | ) | 12/17/2010 | (23 | ) | ||||||||
Buy | New Zealand Dollar | 1,500 | 12/30/2010 | 11 | ||||||||||
Sell | Canadian Dollar | (1,146 | ) | 12/30/2010 | 4 | |||||||||
Buy | New Zealand Dollar | 1,750 | 12/01/2010 | 114 | ||||||||||
Sell | Swiss Franc | (1,244 | ) | 12/01/2010 | (47 | ) | ||||||||
Buy | Norwegian Krone | 7,931 | 12/17/2010 | 63 | ||||||||||
Sell | Swiss Franc | (1,300 | ) | 12/17/2010 | (33 | ) | ||||||||
Buy | Polish Zloty | 4,050 | 12/17/2010 | 108 | ||||||||||
Sell | Swiss Franc | (1,320 | ) | 12/17/2010 | (34 | ) | ||||||||
Buy | Pound Sterling | 820 | 12/01/2010 | 79 | ||||||||||
Sell | South African Rand | (9,737 | ) | 12/01/2010 | (149 | ) | ||||||||
Buy | Pound Sterling | 800 | 12/08/2010 | 31 | ||||||||||
Sell | Swiss Franc | (1,241 | ) | 12/08/2010 | (11 | ) | ||||||||
Buy | Pound Sterling | 730 | 01/19/2011 | 18 | ||||||||||
Sell | New Zealand Dollar | (1,549 | ) | 01/19/2011 | (22 | ) | ||||||||
Buy | Singapore Dollar | 2,544 | 01/19/2011 | 3 | ||||||||||
Sell | Australian Dollar | (2,000 | ) | 01/19/2011 | 23 | |||||||||
Buy | South African Rand | 8,984 | 12/01/2010 | (27 | ) | |||||||||
Sell | Pound Sterling | (820 | ) | 12/01/2010 | (10 | ) | ||||||||
Buy | South African Rand | 7,677 | 12/30/2010 | (12 | ) | |||||||||
Sell | Euro | (800 | ) | 12/30/2010 | (15 | ) | ||||||||
Buy | Swedish Krona | 9,450 | 11/11/2010 | 135 | ||||||||||
Sell | Japanese Yen | (111,980 | ) | 11/11/2010 | (113 | ) | ||||||||
Buy | Swiss Franc | 1,320 | 12/17/2010 | (26 | ) | |||||||||
Sell | Polish Zloty | (3,916 | ) | 12/17/2010 | (2 | ) | ||||||||
Buy | Swiss Franc | 1,214 | 12/08/2010 | (25 | ) | |||||||||
Sell | Pound Sterling | (800 | ) | 12/08/2010 | (22 | ) | ||||||||
Buy | Swiss Franc | 1,372 | 11/02/2010 | 160 | ||||||||||
Sell | Australian Dollar | (1,450 | ) | 11/02/2010 | (186 | ) | ||||||||
Buy | Swiss Franc | 1,300 | 12/17/2010 | 16 | ||||||||||
Sell | Norwegian Krone | (7,923 | ) | 12/17/2010 | (43 | ) | ||||||||
Buy | Swiss Franc | 1,292 | 12/01/2010 | 122 | ||||||||||
Sell | New Zealand Dollar | (1,750 | ) | 12/01/2010 | (140 | ) | ||||||||
Buy | Swiss Franc | 1,300 | 12/15/2010 | (14 | ) | |||||||||
Sell | Euro | (978 | ) | 12/15/2010 | (25 | ) | ||||||||
Buy | Turkish Lira | 1,700 | 11/15/2010 | 46 | ||||||||||
Sell | Australian Dollar | (1,213 | ) | 11/15/2010 | (50 | ) | ||||||||
$ | 227 | |||||||||||||
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited): | Total Investments | Value | ||||||
Capital Markets | 6.4 | % | $ | 6,089 | ||||
U.S. Government Obligation | 5.3 | 5,026 | ||||||
Biotechnology | 5.0 | 4,753 | ||||||
Energy Equipment & Services | 4.9 | 4,589 | ||||||
Health Care Equipment & Supplies | 3.1 | 2,919 | ||||||
Wireless Telecommunication Services | 2.2 | 1,974 | ||||||
Diversified Telecommunication Services | 1.6 | 1,477 | ||||||
Electronic Equipment & Instruments | 1.5 | 1,464 | ||||||
Software | 1.2 | 1,119 | ||||||
Specialty Retail | 1.1 | 1,053 | ||||||
Leisure Equipment & Products | 1.0 | 960 | ||||||
Metals & Mining | 0.9 | 891 | ||||||
Commercial Services & Supplies | 0.9 | 863 | ||||||
Food & Staples Retailing | 0.9 | 842 | ||||||
Air Freight & Logistics | 0.9 | 819 | ||||||
Health Care Providers & Services | 0.8 | 737 | ||||||
IT Services | 0.8 | 736 |
Transamerica Funds | Annual Report 2010 |
Page 77
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited) (continued): | Total Investments | Value | ||||||
Independent Power Producers & Energy Traders | 0.7 | % | $ | 696 | ||||
Electric Utilities | 0.7 | 694 | ||||||
Food Products | 0.7 | 686 | ||||||
Oil, Gas & Consumable Fuels | 0.7 | 658 | ||||||
Pharmaceuticals | 0.6 | 602 | ||||||
Investment Securities, at Value | 41.9 | 39,647 | ||||||
Short-Term Investments | 58.1 | 54,850 | ||||||
Total Investments | 100.0 | % | $ | 94,497 | ||||
NOTES TO SCHEDULE OF INVESTMENTS: | ||
‡ | Non-income producing security. | |
Λ | All or a portion of this security is on loan. The value of all securities on loan is $1,496. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
# | Aggregate cost for federal income tax purposes is $94,556. Aggregate gross unrealized depreciation for all securities in which there is an excess of value over tax cost were $3,224 and $3,283, respectively. Net unrealized depreciation for tax purposes is $59. | |
DEFINITIONS: | ||
ADR | American Depositary Receipt | |
ETF | Exchange-Traded Fund | |
SPDR | Standard & Poor’s Depositary Receipt |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 17,532 | $ | 11,000 | $ | — | $ | 28,532 | ||||||||
Investment Companies | 6,089 | — | — | 6,089 | ||||||||||||
Purchased Options | 3,267 | — | — | 3,267 | ||||||||||||
Repurchase Agreement | — | 50,045 | — | 50,045 | ||||||||||||
Securities Lending Collateral | 1,538 | — | — | 1,538 | ||||||||||||
U.S. Government Obligations | — | 5,026 | — | 5,026 | ||||||||||||
Total | $ | 28,426 | $ | 66,071 | $ | — | $ | 94,497 | ||||||||
Other Financial Instruments* | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Forward Foreign Currency Contracts — Appreciation | $ | — | $ | 2,376 | $ | — | $ | 2,376 | ||||||||
Forward Foreign Currency Contracts — Depreciation | — | (3,089 | ) | — | (3,089 | ) | ||||||||||
Total | $ | — | ($713 | ) | $ | — | ($713 | ) | ||||||||
* | Other financial instruments are derivative instruments including, but not limited to, Futures Contracts, Forward Foreign Currency Contracts, and Swap Contracts that are valued at unrealized appreciation (depreciation) on the instrument. |
Transamerica Funds | Annual Report 2010 |
Page 78
Table of Contents
(formerly, Transamerica UBS Dynamic Alpha)
SCHEDULE OF INVESTMENTS
At October 31, 2010
(all amounts in thousands)
Notional | ||||||||
Amount | Value | |||||||
PURCHASED OPTIONS - 0.0% ∞ | ||||||||
Call Options - 0.0% ∞ | ||||||||
CBOE SPX Volitility Index | $ | 18 | $ | 4 | ||||
Call Strike $32.50 | ||||||||
Expires 11/17/2010 | ||||||||
CBOE SPX Volitility Index | 15 | 10 | ||||||
Call Strike $25.00 | ||||||||
Expires 11/17/2010 | ||||||||
S&P 500 Index | 12 | 15 | ||||||
Call Strike $1,350.00 | ||||||||
Expires 01/22/2011 | ||||||||
Put Options - 0.0% ∞ | ||||||||
S&P 500 Index | 19 | 10 | ||||||
Put Strike $825.00 | ||||||||
Expires 12/18/2010 | ||||||||
Total Purchased Options (cost $97) | 39 | |||||||
Principal | Value | |||||||
SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 18.2% | ||||||||
United States - 18.2% | ||||||||
U.S. Treasury Bill | ||||||||
0.11%, 11/12/2010 ▲ ■ | $ | 3,000 | 3,000 | |||||
0.11%, 11/18/2010 ▲ ■ ☼ | 3,000 | 3,000 | ||||||
0.12%, 11/04/2010 ▲ Y ☼ | 10,000 | 9,999 | ||||||
0.14%, 12/16/2010 ▲ | 1,000 | 1,000 | ||||||
0.14%, 12/30/2010 ▲ ☼ | 6,000 | 5,999 | ||||||
Total Short-Term U.S. Government Obligations (cost $22,998) | 22,998 | |||||||
REPURCHASE AGREEMENT - 82.8% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $104,395 on 11/01/2010. Collateralized by U.S. Government Agency Obligations, 4.00%, due 12/15/2017, and with a total value of$106,483. | 104,395 | 104,395 | ||||||
Total Repurchase Agreement (cost $104,395) | ||||||||
Total Investment Securities (cost $127,490) # | 127,432 | |||||||
Other Assets and Liabilities — Net | (1,290 | ) | ||||||
Net Assets | $ | 126,142 | ||||||
Notional | ||||||||
Amount | Value | |||||||
WRITTEN OPTIONS — (0.2%) | ||||||||
Put Options — (0.1%) | ||||||||
S&P 500 Index | $ | (10 | ) | $ | (77 | ) | ||
Put Strike $1,075.00 | ||||||||
Expires 12/18/2010 | ||||||||
Call Options — (0.1%) | ||||||||
CBOE SPX Volitility Index | (15 | ) | (5 | ) | ||||
Call Strike $30.00 | ||||||||
Expires 11/17/2010 | ||||||||
S&P 500 Index | (12 | ) | (167 | ) | ||||
Call Strike $1,250.00 | ||||||||
Expires 01/22/2011 | ||||||||
Total Written Options (Premiums: $427) | $ | (249 | ) | |||||
Net Unrealized | ||||||||||||||||
Appreciation | ||||||||||||||||
Description | Type | Contracts Γ | Expiration Date | (Depreciation) | ||||||||||||
10-Year Australian Treasury Bond | Short | (356 | ) | 12/15/2010 | $ | 179 | ||||||||||
10-Year Canada Government Bond | Short | (434 | ) | 12/20/2010 | (286 | ) | ||||||||||
10-Year Mini Japan Government Bond | Long | 230 | 12/08/2010 | 473 | ||||||||||||
10-Year U.S. Treasury Note | Long | 391 | 12/21/2010 | 14 | ||||||||||||
AEX Index | Long | 21 | 11/19/2010 | (10 | ) | |||||||||||
ASX SPI 200 Index | Short | (10 | ) | 12/16/2010 | 1 | |||||||||||
CAC 40 Index | Long | 55 | 11/19/2010 | 13 | ||||||||||||
DAX Index | Long | 11 | 12/17/2010 | 133 |
Transamerica Funds | Annual Report 2010 |
Page 79
Table of Contents
(formerly, Transamerica UBS Dynamic Alpha)
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Net Unrealized | ||||||||||||||||
Appreciation | ||||||||||||||||
Description | Type | Contracts Γ | Expiration Date | (Depreciation) | ||||||||||||
FTSE 100 Index | Long | 37 | 12/17/2010 | $ | 61 | |||||||||||
FTSE MIB Index | Long | 26 | 12/17/2010 | 122 | ||||||||||||
German Euro Bund | Long | 186 | 12/08/2010 | (173 | ) | |||||||||||
Hang Seng Index | Short | (12 | ) | 11/29/2010 | 27 | |||||||||||
IBEX 35 Index | Long | 28 | 11/19/2010 | 76 | ||||||||||||
S&P 500 E-Mini Index | Long | 64 | 12/17/2010 | 163 | ||||||||||||
S&P TSE 60 Index | Short | (5 | ) | 12/16/2010 | (20 | ) | ||||||||||
TOPIX Index | Long | 25 | 12/10/2010 | (51 | ) | |||||||||||
United Kingdom Long Gilt Bond | Short | (272 | ) | 12/29/2010 | 679 | |||||||||||
$ | 1,401 | |||||||||||||||
Amount in U.S. | Net Unrealized | |||||||||||||||
Settlement | Dollars Bought | Appreciation | ||||||||||||||
Currency | Bought (Sold) | Date | (Sold) | (Depreciation) | ||||||||||||
Australian Dollar | 2,985 | 12/15/2010 | $ | 2,826 | $ | 81 | ||||||||||
Australian Dollar | 1,310 | 12/15/2010 | 1,184 | 92 | ||||||||||||
Australian Dollar | 263 | 12/15/2010 | 256 | 1 | ||||||||||||
Australian Dollar | (4,230 | ) | 12/15/2010 | (4,064 | ) | (56 | ) | |||||||||
Australian Dollar | (1,867 | ) | 12/15/2010 | (1,822 | ) | 3 | ||||||||||
Australian Dollar | (31,493 | ) | 12/15/2010 | (28,548 | ) | (2,130 | ) | |||||||||
Australian Dollar | 516 | 12/15/2010 | 495 | 8 | ||||||||||||
Australian Dollar | (4,583 | ) | 12/15/2010 | (4,535 | ) | 71 | ||||||||||
Australian Dollar | 1,350 | 12/15/2010 | 1,249 | 67 | ||||||||||||
Australian Dollar | 1,138 | 12/15/2010 | 1,064 | 44 | ||||||||||||
Australian Dollar | (3,748 | ) | 12/15/2010 | (3,637 | ) | (14 | ) | |||||||||
Australian Dollar | 1,744 | 12/15/2010 | 1,611 | 88 | ||||||||||||
Australian Dollar | 3,124 | 12/15/2010 | 2,943 | 100 | ||||||||||||
Australian Dollar | 1,706 | 12/15/2010 | 1,622 | 40 | ||||||||||||
Australian Dollar | 2,489 | 12/15/2010 | 2,327 | 98 | ||||||||||||
Australian Dollar | 2,498 | 12/15/2010 | 2,365 | 68 | ||||||||||||
Australian Dollar | 3,251 | 12/15/2010 | 3,174 | (7 | ) | |||||||||||
Canadian Dollar | 763 | 12/15/2010 | 762 | (14 | ) | |||||||||||
Canadian Dollar | (23,810 | ) | 12/15/2010 | (22,845 | ) | (477 | ) | |||||||||
Canadian Dollar | (967 | ) | 12/15/2010 | (948 | ) | 1 | ||||||||||
Canadian Dollar | (2,307 | ) | 12/15/2010 | (2,198 | ) | (62 | ) | |||||||||
Canadian Dollar | 423 | 12/15/2010 | 410 | 4 | ||||||||||||
Canadian Dollar | 3,743 | 12/15/2010 | 3,621 | 45 | ||||||||||||
Canadian Dollar | (590 | ) | 12/15/2010 | (574 | ) | (3 | ) | |||||||||
Canadian Dollar | (2,048 | ) | 12/15/2010 | (1,984 | ) | (21 | ) | |||||||||
Canadian Dollar | 1,221 | 12/15/2010 | 1,192 | 4 | ||||||||||||
Canadian Dollar | (2,198 | ) | 12/15/2010 | (2,125 | ) | (28 | ) | |||||||||
Canadian Dollar | 1,632 | 12/15/2010 | 1,609 | (11 | ) | |||||||||||
Canadian Dollar | (1,957 | ) | 12/15/2010 | (1,892 | ) | (25 | ) | |||||||||
Canadian Dollar | 2,672 | 12/15/2010 | 2,626 | (9 | ) | |||||||||||
Canadian Dollar | (1,591 | ) | 12/15/2010 | (1,542 | ) | (17 | ) | |||||||||
Canadian Dollar | (928 | ) | 12/15/2010 | (899 | ) | (10 | ) | |||||||||
Canadian Dollar | 1,379 | 12/15/2010 | 1,352 | (1 | ) | |||||||||||
Euro | (9,459 | ) | 12/15/2010 | (12,168 | ) | (988 | ) | |||||||||
Euro | 1,234 | 12/15/2010 | 1,717 | ♦ | ||||||||||||
Euro | 835 | 12/15/2010 | 1,092 | 70 | ||||||||||||
Euro | 2,522 | 12/15/2010 | 3,302 | 206 | ||||||||||||
Euro | 2,087 | 12/15/2010 | 2,709 | 194 | ||||||||||||
Euro | 1,241 | 12/15/2010 | 1,686 | 41 | ||||||||||||
Euro | 1,678 | 12/15/2010 | 2,278 | 56 | ||||||||||||
Euro | 1,045 | 12/15/2010 | 1,438 | 16 | ||||||||||||
Euro | 1,997 | 12/15/2010 | 2,573 | 206 |
Transamerica Funds | Annual Report 2010 |
Page 80
Table of Contents
(formerly, Transamerica UBS Dynamic Alpha)
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Amount in U.S. | Net Unrealized | |||||||||||||||
Settlement | Dollars Bought | Appreciation | ||||||||||||||
Currency | Bought (Sold) | Date | (Sold) | (Depreciation) | ||||||||||||
Euro | 1,284 | 12/15/2010 | $ | 1,682 | $ | 104 | ||||||||||
Euro | 3,060 | 12/15/2010 | 4,255 | 1 | ||||||||||||
Euro | (1,601 | ) | 12/15/2010 | (2,185 | ) | (42 | ) | |||||||||
Euro | (2,032 | ) | 12/15/2010 | (2,827 | ) | ♦ | ||||||||||
Euro | 2,501 | 12/15/2010 | 3,476 | 2 | ||||||||||||
Euro | (828 | ) | 12/15/2010 | (1,103 | ) | (48 | ) | |||||||||
Euro | (1,277 | ) | 12/15/2010 | (1,709 | ) | (67 | ) | |||||||||
Euro | (2,638 | ) | 12/15/2010 | (3,400 | ) | (269 | ) | |||||||||
Euro | (1,345 | ) | 12/15/2010 | (1,872 | ) | 1 | ||||||||||
Euro | (1,596 | ) | 12/15/2010 | (2,207 | ) | (13 | ) | |||||||||
Euro | 2,173 | 12/15/2010 | 2,777 | 245 | ||||||||||||
Japanese Yen | (45,648 | ) | 12/15/2010 | (558 | ) | (10 | ) | |||||||||
Japanese Yen | 204,749 | 12/15/2010 | 2,523 | 22 | ||||||||||||
Japanese Yen | 1,143,307 | 12/15/2010 | 13,483 | 731 | ||||||||||||
Japanese Yen | (159,110 | ) | 12/15/2010 | (1,949 | ) | (29 | ) | |||||||||
Japanese Yen | (45,908 | ) | 12/15/2010 | (558 | ) | (13 | ) | |||||||||
Japanese Yen | (213,564 | ) | 12/15/2010 | (2,557 | ) | (98 | ) | |||||||||
Japanese Yen | 198,224 | 12/15/2010 | 2,333 | 132 | ||||||||||||
Japanese Yen | (191,175 | ) | 12/15/2010 | (2,367 | ) | (10 | ) | |||||||||
Japanese Yen | (218,304 | ) | 12/15/2010 | (2,608 | ) | (106 | ) | |||||||||
Japanese Yen | (240,122 | ) | 12/15/2010 | (2,803 | ) | (183 | ) | |||||||||
Japanese Yen | (94,798 | ) | 12/15/2010 | (1,168 | ) | (11 | ) | |||||||||
Japanese Yen | (234,574 | ) | 12/15/2010 | (2,822 | ) | (94 | ) | |||||||||
Japanese Yen | (52,704 | ) | 12/15/2010 | (636 | ) | (19 | ) | |||||||||
Japanese Yen | (41,218 | ) | 12/15/2010 | (490 | ) | (22 | ) | |||||||||
Japanese Yen | (183,434 | ) | 12/15/2010 | (2,176 | ) | (104 | ) | |||||||||
Japanese Yen | (71,587 | ) | 12/15/2010 | (837 | ) | (53 | ) | |||||||||
Japanese Yen | (143,346 | ) | 12/15/2010 | (1,762 | ) | (20 | ) | |||||||||
Japanese Yen | (94,283 | ) | 12/15/2010 | (1,161 | ) | (11 | ) | |||||||||
Japanese Yen | (246,712 | ) | 12/15/2010 | (2,937 | ) | (131 | ) | |||||||||
Japanese Yen | (162,944 | ) | 12/15/2010 | (2,003 | ) | (23 | ) | |||||||||
Japanese Yen | (297,056 | ) | 12/15/2010 | (3,566 | ) | (127 | ) | |||||||||
New Zealand Dollar | 363 | 12/15/2010 | 263 | 13 | ||||||||||||
New Zealand Dollar | 3,105 | 12/15/2010 | 2,228 | 130 | ||||||||||||
New Zealand Dollar | (1,454 | ) | 12/15/2010 | (1,085 | ) | (19 | ) | |||||||||
New Zealand Dollar | (739 | ) | 12/15/2010 | (529 | ) | (32 | ) | |||||||||
New Zealand Dollar | (2,405 | ) | 12/15/2010 | (1,728 | ) | (99 | ) | |||||||||
New Zealand Dollar | 1,226 | 12/15/2010 | 914 | 17 | ||||||||||||
New Zealand Dollar | 4,108 | 12/15/2010 | 3,082 | 38 | ||||||||||||
New Zealand Dollar | (2,958 | ) | 12/15/2010 | (2,138 | ) | (108 | ) | |||||||||
New Zealand Dollar | 2,868 | 12/15/2010 | 2,149 | 29 | ||||||||||||
New Zealand Dollar | (960 | ) | 12/15/2010 | (694 | ) | (35 | ) | |||||||||
New Zealand Dollar | (5,135 | ) | 12/15/2010 | (3,672 | ) | (228 | ) | |||||||||
New Zealand Dollar | 2,891 | 12/15/2010 | 2,073 | 123 | ||||||||||||
New Zealand Dollar | (3,876 | ) | 12/15/2010 | (2,808 | ) | (136 | ) | |||||||||
New Zealand Dollar | 63 | 12/15/2010 | 47 | 1 | ||||||||||||
New Zealand Dollar | (4,607 | ) | 12/15/2010 | (3,493 | ) | (6 | ) | |||||||||
New Zealand Dollar | (2,036 | ) | 12/15/2010 | (1,488 | ) | (58 | ) | |||||||||
New Zealand Dollar | (1,064 | ) | 12/15/2010 | (778 | ) | (30 | ) | |||||||||
New Zealand Dollar | 2,100 | 12/15/2010 | 1,576 | 19 | ||||||||||||
New Zealand Dollar | (3,172 | ) | 12/15/2010 | (2,310 | ) | (99 | ) | |||||||||
Pound Sterling | (103 | ) | 12/15/2010 | (158 | ) | (6 | ) | |||||||||
Pound Sterling | 744 | 12/15/2010 | 1,176 | 16 | ||||||||||||
Pound Sterling | (1,398 | ) | 12/15/2010 | (2,207 | ) | (32 | ) | |||||||||
Pound Sterling | (1,077 | ) | 12/15/2010 | (1,691 | ) | (34 | ) | |||||||||
Pound Sterling | (706 | ) | 12/15/2010 | (1,084 | ) | (46 | ) | |||||||||
Pound Sterling | (1,638 | ) | 12/15/2010 | (2,567 | ) | (58 | ) | |||||||||
Pound Sterling | (1,146 | ) | 12/15/2010 | (1,821 | ) | (16 | ) | |||||||||
Pound Sterling | 1,060 | 12/15/2010 | 1,675 | 22 | ||||||||||||
Pound Sterling | (1,354 | ) | 12/15/2010 | (2,110 | ) | (59 | ) | |||||||||
Pound Sterling | 179 | 12/15/2010 | 284 | 2 | ||||||||||||
Pound Sterling | 20,483 | 12/15/2010 | 31,593 | 1,215 |
Transamerica Funds | Annual Report 2010 |
Page 81
Table of Contents
(formerly, Transamerica UBS Dynamic Alpha)
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Amount in U.S. | Net Unrealized | |||||||||||||||
Settlement | Dollars Bought | Appreciation | ||||||||||||||
Currency | Bought (Sold) | Date | (Sold) | (Depreciation) | ||||||||||||
Pound Sterling | 1,292 | 12/15/2010 | $ | 2,046 | $ | 23 | ||||||||||
Pound Sterling | 1,037 | 12/15/2010 | 1,614 | 47 | ||||||||||||
Swedish Krona | 7,076 | 12/15/2010 | 999 | 59 | ||||||||||||
Swedish Krona | 6,630 | 12/15/2010 | 988 | 3 | ||||||||||||
Swedish Krona | 17,576 | 12/15/2010 | 2,638 | (11 | ) | |||||||||||
Swedish Krona | (18,147 | ) | 12/15/2010 | (2,716 | ) | 3 | ||||||||||
Swedish Krona | 13,149 | 12/15/2010 | 1,821 | 145 | ||||||||||||
Swedish Krona | 56,780 | 12/15/2010 | 7,834 | 654 | ||||||||||||
Swedish Krona | 13,754 | 12/15/2010 | 2,024 | 32 | ||||||||||||
Swedish Krona | (2,622 | ) | 12/15/2010 | (376 | ) | (16 | ) | |||||||||
Swedish Krona | 18,010 | 12/15/2010 | 2,702 | (9 | ) | |||||||||||
Swedish Krona | 9,295 | 12/15/2010 | 1,302 | 87 | ||||||||||||
Swedish Krona | 15,466 | 12/15/2010 | 2,354 | (42 | ) | |||||||||||
Swedish Krona | (16,553 | ) | 12/15/2010 | (2,407 | ) | (67 | ) | |||||||||
Swedish Krona | 21,167 | 12/15/2010 | 3,090 | 75 | ||||||||||||
Swedish Krona | (31,535 | ) | 12/15/2010 | (4,551 | ) | (164 | ) | |||||||||
Swedish Krona | 19,782 | 12/15/2010 | 2,943 | 15 | ||||||||||||
Swedish Krona | 13,156 | 12/15/2010 | 1,806 | 161 | ||||||||||||
Swedish Krona | (6,890 | ) | 12/15/2010 | (1,002 | ) | (28 | ) | |||||||||
Swiss Franc | (2,751 | ) | 12/15/2010 | (2,721 | ) | (76 | ) | |||||||||
Swiss Franc | (2,239 | ) | 12/15/2010 | (2,245 | ) | (31 | ) | |||||||||
Swiss Franc | (622 | ) | 12/15/2010 | (617 | ) | (15 | ) | |||||||||
Swiss Franc | (861 | ) | 12/15/2010 | (873 | ) | (3 | ) | |||||||||
Swiss Franc | (1,837 | ) | 12/15/2010 | (1,922 | ) | 55 | ||||||||||
Swiss Franc | (2,714 | ) | 12/15/2010 | (2,791 | ) | 32 | ||||||||||
Swiss Franc | 1,866 | 12/15/2010 | 1,899 | (2 | ) | |||||||||||
Swiss Franc | 2,429 | 12/15/2010 | 2,465 | 4 | ||||||||||||
Swiss Franc | 155 | 12/15/2010 | 160 | (3 | ) | |||||||||||
Swiss Franc | 2,017 | 12/15/2010 | 2,016 | 34 | ||||||||||||
Swiss Franc | (1,499 | ) | 12/15/2010 | (1,530 | ) | 5 | ||||||||||
Swiss Franc | (1,633 | ) | 12/15/2010 | (1,709 | ) | 49 | ||||||||||
Swiss Franc | 2,363 | 12/15/2010 | 2,445 | (42 | ) | |||||||||||
Swiss Franc | 1,269 | 12/15/2010 | 1,333 | (44 | ) | |||||||||||
Swiss Franc | (8,929 | ) | 12/15/2010 | (8,745 | ) | (332 | ) | |||||||||
Swiss Franc | (1,511 | ) | 12/15/2010 | (1,564 | ) | 28 | ||||||||||
Swiss Franc | 4,003 | 12/15/2010 | 3,941 | 129 | ||||||||||||
Swiss Franc | 4,683 | 12/15/2010 | 4,622 | 139 | ||||||||||||
Swiss Franc | (2,360 | ) | 12/15/2010 | (2,414 | ) | 15 | ||||||||||
Swiss Franc | 2,204 | 12/15/2010 | 2,188 | 53 | ||||||||||||
$ | (1,048 | ) | ||||||||||||||
NOTES TO SCHEDULE OF INVESTMENTS: | ||
∞ | Percentage rounds to less than 0.1%. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
♦ | Net unrealized appreciation (depreciation) is less than $1 or $(1). | |
■ | All or a portion of these securities, in the amount of $4,700, have been segregated as collateral with the broker to cover margin requirements for open written options. | |
Y | All or a portion of this security, in the amount of $6,999, has been segregated as collateral with the broker to cover margin requirements for open futures contracts. | |
☼ | All or a portion of these securities, in the amount of $8,109, have been segregated as collateral with the broker to cover margin requirements for open forward contracts. | |
Γ | Contract amounts are not in thousands. | |
# | Aggregate cost for federal income tax purposes is $127,490. Aggregate gross unrealized depreciation for all securities in which there is an excess of value over tax cost were $3 and $61, respectively. Net unrealized depreciation for tax purposes is $58. |
Transamerica Funds | Annual Report 2010 |
Page 82
Table of Contents
(formerly, Transamerica UBS Dynamic Alpha)
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Purchased Options | $ | 39 | $ | — | $ | — | $ | 39 | ||||||||
Repurchase Agreement | — | 104,395 | — | 104,395 | ||||||||||||
Short-Term U.S. Government Obligations | — | 22,998 | — | 22,998 | ||||||||||||
Total | $ | 39 | $ | 127,393 | $ | — | $ | 127,432 | ||||||||
Other Financial Instruments | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Written Options | $ | — | $ | (249 | ) | $ | — | $ | (249 | ) |
Other Financial Instruments* | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Futures Contracts — Appreciation | $ | 1,941 | $ | — | $ | — | $ | 1,941 | ||||||||
Futures Contracts — Depreciation | (540 | ) | — | — | (540 | ) | ||||||||||
Forward Foreign Currency Contracts — Appreciation | — | 6,314 | — | 6,314 | ||||||||||||
Forward Foreign Currency Contracts — Depreciation | — | (7,362 | ) | — | (7,362 | ) | ||||||||||
Total | $ | 1,401 | $ | (1,048 | ) | $ | — | $ | 353 | |||||||
Beginning | Net Transfers | Ending | ||||||||||||||||||||||||||
Balance at | Net | Accrued | Total Realized | Change in Unrealized | In/(Out) of | Balance at | ||||||||||||||||||||||
Securities | 10/31/2009 | Purchases/(Sales) | Discounts/(Premiums) | Gain/(Loss) | Appreciation/(Depreciation) | Level 3 | 10/31/2010 | |||||||||||||||||||||
Common Stock | $ | 6 | $ | (1 | ) | $ | — | $ | (283 | ) | $ | 278 | $ | — | $ | — |
* | Other financial instruments are derivative instruments including, but not limited to, Futures Contracts, Forward Foreign Currency Contracts, and Swap Contracts that are valued at unrealized appreciation (depreciation) on the instrument. |
Transamerica Funds | Annual Report 2010 |
Page 83
Table of Contents
SCHEDULE OF INVESTMENTS
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
U.S. GOVERNMENT OBLIGATIONS - 25.1% | ||||||||
U.S. Treasury Bond | ||||||||
4.50%, 02/15/2036 Λ | $ | 100 | $ | 110 | ||||
5.38%, 02/15/2031 | 300 | 373 | ||||||
5.50%, 08/15/2028 | 800 | 1,007 | ||||||
6.00%, 02/15/2026 | 200 | 264 | ||||||
6.13%, 11/15/2027 | 350 | 470 | ||||||
6.38%, 08/15/2027 | 50 | 69 | ||||||
6.50%, 11/15/2026 | 600 | 833 | ||||||
6.63%, 02/15/2027 | 150 | 211 | ||||||
6.75%, 08/15/2026 Λ | 250 | 355 | ||||||
7.25%, 05/15/2016 | 1,075 | 1,413 | ||||||
7.50%, 11/15/2016 | 12,450 | 16,695 | ||||||
8.13%, 08/15/2019 | 9,783 | 14,253 | ||||||
8.50%, 02/15/2020 Λ | 50 | 75 | ||||||
8.75%, 05/15/2017 Λ | 3,620 | 5,342 | ||||||
8.75%, 08/15/2020 | 2,505 | 3,607 | ||||||
8.88%, 08/15/2017 | 32,029 | 46,489 | ||||||
8.88%, 02/15/2019 Λ | 5,913 | 9,014 | ||||||
9.00%, 11/15/2018 | 1,000 | 1,509 | ||||||
9.25%, 02/15/2016 | 5,700 | 8,033 | ||||||
U.S. Treasury Inflation Indexed Bond | ||||||||
2.50%, 01/15/2029 Λ | 1,017 | 1,251 | ||||||
U.S. Treasury Inflation Indexed Note | ||||||||
2.38%, 04/15/2011 | 18,697 | 18,901 | ||||||
3.50%, 01/15/2011 | 2,509 | 2,526 | ||||||
U.S. Treasury Note | ||||||||
1.75%, 04/15/2013 | 1,000 | 1,033 | ||||||
2.38%, 02/28/2015 - 03/31/2016 | 3,300 | 3,479 | ||||||
2.63%, 12/31/2014 - 04/30/2016 | 16,025 | 17,126 | ||||||
3.00%, 09/30/2016 | 1,000 | 1,083 | ||||||
3.13%, 10/31/2016 | 3,200 | 4,224 | ||||||
3.13%, 04/30/2017 Λ | 16,500 | 17,159 | ||||||
3.25%, 12/31/2016 - 03/31/2017 | 28,950 | 31,689 | ||||||
3.88%, 05/15/2018 | 3,330 | 3,754 | ||||||
4.13%, 05/15/2015 | 3,100 | 3,527 | ||||||
4.25%, 11/15/2017 Λ | 1,250 | 1,443 | ||||||
4.50%, 05/15/2017 | 6,180 | 7,226 | ||||||
U.S. Treasury STRIPS | ||||||||
0.67%, 02/15/2014 ▲ Λ | 4,500 | 4,401 | ||||||
0.75%, 05/15/2014 ▲ Λ | 5,400 | 5,258 | ||||||
0.85%, 08/15/2014 ▲ | 4,000 | 3,870 | ||||||
1.03%, 02/15/2015 ▲ | 5,100 | 4,880 | ||||||
1.47%, 05/15/2016 ▲ | 200 | 184 | ||||||
1.72%, 11/15/2016 ▲ Λ | 150 | 135 | ||||||
1.81%, 02/15/2017 ▲ | 3,960 | 3,530 | ||||||
1.98%, 08/15/2017 ▲ | 300 | 262 | ||||||
2.05%, 11/15/2017 ▲ Λ | 3,625 | 3,134 | ||||||
2.16%, 02/15/2018 ▲ | 2,100 | 1,792 | ||||||
2.28%, 08/15/2018 ▲ | 550 | 460 | ||||||
2.55%, 05/15/2019 ▲ Λ | 3,090 | 2,484 | ||||||
2.65%, 08/15/2019 ▲ | 2,550 | 2,020 | ||||||
2.87%, 05/15/2020 ▲ Λ | 3,400 | 2,587 | ||||||
2.94%, 08/15/2020 ▲ | 950 | 714 | ||||||
2.95%, 11/15/2020 ▲ | 700 | 520 | ||||||
3.11%, 08/15/2021 ▲ | 400 | 286 | ||||||
3.20%, 02/15/2022 ▲ | 400 | 279 | ||||||
3.52%, 02/15/2024 ▲ | 75 | 47 | ||||||
3.55%, 05/15/2024 ▲ | 300 | 186 | ||||||
3.59%, 08/15/2024 ▲ | 475 | 290 | ||||||
3.62%, 11/15/2024 ▲ | 1,600 | 963 | ||||||
3.66%, 02/15/2025 ▲ | 1,150 | 682 | ||||||
3.70%, 05/15/2025 ▲ | 700 | 409 | ||||||
3.73%, 08/15/2025 ▲ | 400 | 231 | ||||||
3.83%, 05/15/2026 ▲ Λ | 600 | 331 | ||||||
3.90%, 02/15/2027 ▲ | 200 | 106 | ||||||
3.94%, 08/15/2027 ▲ | 100 | 52 | ||||||
3.97%, 11/15/2027 ▲ | 350 | 178 | ||||||
3.99%, 02/15/2028 ▲ Λ | 850 | 427 | ||||||
4.01%, 05/15/2028 ▲ Λ | 100 | 50 | ||||||
4.06%, 02/15/2029 ▲ | 1,950 | 929 | ||||||
4.09%, 05/15/2029 ▲ | 100 | 47 | ||||||
4.10%, 08/15/2029 ▲ | 500 | 232 | ||||||
4.14%, 02/15/2030 ▲ | 50 | 23 | ||||||
4.23%, 11/15/2031 ▲ | 100 | 41 | ||||||
4.24%, 02/15/2032 ▲ | 50 | 20 | ||||||
4.42%, 05/15/2036 ▲ | 100 | 32 | ||||||
Total U.S. Government Obligations (cost $249,060) | 266,615 | |||||||
U.S. GOVERNMENT AGENCY OBLIGATIONS - 49.8% | ||||||||
Fannie Mae PO | ||||||||
04/25/2019 - 01/25/2040 | 10,434 | 9,521 | ||||||
Fannie Mae | ||||||||
0.46%, 10/27/2037 * | 2,000 | 1,996 | ||||||
0.48%, 02/25/2036 - 03/25/2045 * | 819 | 814 | ||||||
0.50%, 10/25/2046 * | 781 | 780 | ||||||
0.51%, 06/27/2036 * | 3,319 | 3,296 | ||||||
0.52%, 11/25/2046 * | 1,692 | 1,691 | ||||||
0.56%, 03/25/2036 * | 585 | 585 | ||||||
0.66%, 06/25/2037 - 05/25/2042 * | 1,517 | 1,514 | ||||||
0.71%, 07/25/2034 * | 1,002 | 1,001 | ||||||
1.34%, 07/05/2014 ▲ | 4,000 | 3,797 | ||||||
2.29%, 06/01/2017 ▲ | 800 | 678 | ||||||
3.40%, 03/01/2036 * | 1,465 | 1,541 | ||||||
3.50%, 12/25/2018 | 3,000 | 3,172 | ||||||
4.00%, 12/25/2039 | 1,671 | 1,770 | ||||||
4.18%, 03/01/2036 * | 589 | 620 | ||||||
4.50%, 12/25/2017 - 10/25/2039 | 11,991 | 12,996 | ||||||
4.55%, 06/25/2043 | 416 | 442 | ||||||
4.75%, 09/25/2018 | 1,000 | 1,087 | ||||||
5.00%, 04/25/2016 - 08/01/2040 | 31,204 | 35,069 | ||||||
5.38%, 06/12/2017 Λ | 20,000 | 24,130 | ||||||
5.43%, 11/01/2037 * | 437 | 464 | ||||||
5.50%, 01/01/2018 - 10/25/2040 | 45,124 | 49,328 | ||||||
5.51%, 07/01/2037 * | 306 | 325 | ||||||
5.59%, 12/01/2036 * | 639 | 677 | ||||||
5.61%, 01/25/2032 * | 391 | 390 | ||||||
5.69%, 11/01/2036- 04/01/2037 * | 354 | 376 | ||||||
5.71%, 09/01/2036 * | 190 | 201 | ||||||
5.74%, 08/01/2037 * | 487 | 518 | ||||||
5.75%, 08/25/2034 | 1,000 | 1,084 | ||||||
5.83%, 12/01/2036 * | 312 | 331 | ||||||
5.86%, 11/01/2036 * | 753 | 800 | ||||||
5.90%, 02/25/2015 | 520 | 523 | ||||||
5.92%, 04/01/2036 * | 647 | 691 | ||||||
5.93%, 09/01/2037 * | 43 | 46 | ||||||
5.95%, 07/01/2037 * | 292 | 310 |
Transamerica Funds | Annual Report 2010 |
Page 84
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
U.S. GOVERNMENT AGENCY OBLIGATIONS (continued) | ||||||||
Fannie Mae (continued) | ||||||||
5.95%, 06/25/2040 | $ | 884 | $ | 914 | ||||
5.96%, 09/01/2037 * | 375 | 403 | ||||||
5.98%, 05/01/2036 * | 759 | 798 | ||||||
6.00%, 03/01/2019 - 12/25/2049 | 39,641 | 43,788 | ||||||
6.00%, 02/01/2037 * | 224 | 239 | ||||||
6.11%, 07/01/2037 * | 366 | 390 | ||||||
6.13%, 02/25/2040 * | 1,072 | 1,197 | ||||||
6.14%, 11/01/2037 * | 390 | 415 | ||||||
6.18%, 08/01/2036 * | 155 | 168 | ||||||
6.21%, 06/01/2036 * | 451 | 476 | ||||||
6.24%, 10/01/2036 * | 299 | 318 | ||||||
6.25%, 09/25/2038 * | 966 | 1,068 | ||||||
6.30%, 09/01/2036 * | 472 | 501 | ||||||
6.33%, 02/01/2037 * | 432 | 461 | ||||||
6.43%, 03/25/2040 | 916 | 1,009 | ||||||
6.50%, 05/25/2017 - 07/25/2042 | 25,649 | 28,513 | ||||||
6.61%, 09/01/2036 * | 181 | 193 | ||||||
6.75%, 04/25/2037 | 1,240 | 1,414 | ||||||
7.00%, 12/25/2033 - 02/25/2044 | 6,330 | 7,295 | ||||||
7.36%, 12/25/2042 * | 278 | 326 | ||||||
7.50%, 05/17/2024 - 12/25/2045 | 4,533 | 5,285 | ||||||
8.00%, 02/25/2023 - 10/01/2031 | 3,156 | 3,779 | ||||||
8.71%, 11/25/2037 * | 1,564 | 1,932 | ||||||
12.15%, 03/25/2040 * | 1,450 | 1,728 | ||||||
15.69%, 01/25/2034 * | 197 | 241 | ||||||
16.23%, 08/25/2035 - 10/25/2035 * | 669 | 805 | ||||||
17.17%, 09/25/2024 * | 573 | 770 | ||||||
19.43%, 05/25/2035 * | 994 | 1,301 | ||||||
21.81%, 04/25/2037 * | 641 | 913 | ||||||
23.63%, 11/25/2035 * | 499 | 710 | ||||||
Fannie Mae IO | ||||||||
0.64%, 10/25/2016 * | 1,147 | 14 | ||||||
4.00%, 10/25/2014 | 3,165 | 224 | ||||||
4.18%, 11/25/2040 * | 4,995 | 409 | ||||||
4.74%, 07/25/2040 * | 5,901 | 581 | ||||||
5.00%, 07/25/2039 | 806 | 135 | ||||||
5.64%, 10/25/2039 * | 1,375 | 124 | ||||||
5.74%, 02/25/2038 * | 1,379 | 171 | ||||||
5.92%, 12/25/2039 * | 367 | 37 | ||||||
5.99%, 01/25/2040 * | 4,869 | 499 | ||||||
6.09%, 12/25/2037 * | 5,705 | 590 | ||||||
6.14%, 07/25/2037 - 05/25/2040 * | 10,033 | 1,143 | ||||||
6.16%, 04/25/2040 * | 2,666 | 273 | ||||||
6.19%, 10/25/2037 - 12/25/2037 * | 2,558 | 340 | ||||||
6.36%, 07/25/2037 * | 4,175 | 531 | ||||||
6.39%, 10/25/2026 - 03/25/2039 * | 7,930 | 946 | ||||||
6.46%, 01/25/2038 * | 464 | 32 | ||||||
6.73%, 03/25/2038 * | 1,475 | 204 | ||||||
6.84%, 02/25/2040 * | 1,783 | 303 | ||||||
Fannie Mae STRIPS | ||||||||
3.74%, 11/15/2021 | 1,000 | 660 | ||||||
Federal Farm Credit Bank | ||||||||
5.13%, 11/15/2018 | 2,000 | 2,348 | ||||||
Financing Corp. STRIPS | ||||||||
3.30%, 09/26/2019 ▲ | 500 | 381 | ||||||
Freddie Mac | ||||||||
0.51%, 08/15/2023 | 1,378 | 1,377 | ||||||
0.56%, 04/15/2035 - 03/15/2036 * | 1,388 | 1,387 | ||||||
1.46%, 07/15/2039 * | 1,234 | 1,254 | ||||||
4.00%, 01/15/2018 | 758 | 810 | ||||||
4.17%, 03/01/2036 * | 1,185 | 1,242 | ||||||
4.25%, 10/15/2030 | 905 | 924 | ||||||
4.50%, 07/01/2014 - 07/15/2039 | 16,593 | 17,920 | ||||||
4.78%, 10/25/2037 * | 1,115 | 1,161 | ||||||
5.00%, 10/01/2018 - 08/01/2040 | 16,678 | 18,286 | ||||||
5.13%, 11/17/2017 Λ | 33,430 | 40,018 | ||||||
5.23%, 05/25/2043 | 2,012 | 2,199 | ||||||
5.30%, 06/15/2012 | 637 | 667 | ||||||
5.31%, 05/01/2038 * | 264 | 280 | ||||||
5.32%, 05/01/2037 * | 358 | 380 | ||||||
5.50%, 08/23/2017 - 01/15/2039 | 28,170 | 31,128 | ||||||
5.69%, 04/01/2037 * | 176 | 188 | ||||||
5.73%, 06/01/2037 * | 528 | 567 | ||||||
5.75%, 10/15/2035 | 2,211 | 2,384 | ||||||
5.76%, 05/01/2037 * | 1,053 | 1,118 | ||||||
5.79%, 05/01/2037 * | 311 | 332 | ||||||
5.82%, 11/01/2036 * | 389 | 413 | ||||||
5.84%, 05/01/2036 * | 336 | 353 | ||||||
5.86%, 04/01/2037 * | 285 | 303 | ||||||
5.93%, 04/01/2037 * | 170 | 182 | ||||||
5.94%, 11/01/2036 * | 118 | 125 | ||||||
5.96%, 03/01/2037 * | 772 | 820 | ||||||
6.00%, 08/15/2021 - 02/25/2043 | 16,499 | 18,257 | ||||||
6.00%, 06/15/2038 * | 575 | 618 | ||||||
6.05%, 10/01/2037 * | 416 | 442 | ||||||
6.13%, 05/01/2037 * | 321 | 343 | ||||||
6.17%, 12/01/2036 * | 796 | 845 | ||||||
6.24%, 09/01/2037 * | 427 | 456 | ||||||
6.25%, 10/15/2023 | 1,293 | 1,379 | ||||||
6.30%, 10/01/2036 * | 429 | 455 | ||||||
6.34%, 12/01/2036 * | 920 | 980 | ||||||
6.36%, 10/01/2037 * | 799 | 857 | ||||||
6.41%, 02/01/2037 * | 406 | 436 | ||||||
6.50%, 02/15/2026 - 02/25/2043 | 15,349 | 17,074 | ||||||
6.50%, 09/25/2043 * | 274 | 312 | ||||||
6.82%, 11/15/2021 * | 1,775 | 1,968 | ||||||
7.00%, 12/15/2036 - 07/25/2043 | 3,682 | 4,137 | ||||||
7.15%, 11/15/2046 * | 2,926 | 3,252 | ||||||
7.50%, 11/15/2036 - 09/25/2043 | 5,710 | 6,442 | ||||||
8.50%, 09/01/2015 | 204 | 225 | ||||||
8.62%, 11/15/2033 * | 72 | 71 | ||||||
8.69%, 11/15/2033 * | 403 | 402 | ||||||
8.77%, 10/15/2033 * | 311 | 311 | ||||||
9.18%, 12/15/2028 * | 485 | 529 | ||||||
10.00%, 03/17/2026 - 10/01/2030 | 1,598 | 1,893 | ||||||
11.00%, 02/17/2021 | 711 | 790 | ||||||
14.38%, 06/15/2033 * | 331 | 379 | ||||||
15.80%, 10/15/2033 * | 171 | 186 | ||||||
15.94%, 10/15/2033 * | 426 | 467 | ||||||
16.65%, 02/15/2040 * | 500 | 724 | ||||||
16.81%, 02/15/2038 * | 154 | 184 | ||||||
19.45%, 07/15/2035 * | 154 | 197 | ||||||
20.26%, 08/15/2031 * | 264 | 350 | ||||||
20.98%, 05/15/2035 * | 159 | 215 | ||||||
23.60%, 06/15/2035 * | 134 | 220 |
Transamerica Funds | Annual Report 2010 |
Page 85
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
U.S. GOVERNMENT AGENCY OBLIGATIONS (continued) | ||||||||
Freddie Mac IO | ||||||||
1.00%, 10/15/2040 - 10/15/2040 * | $ | 4,500 | $ | 608 | ||||
5.00%, 04/15/2032 - 08/15/2040 | 4,911 | 699 | ||||||
5.50%, 07/15/2037 | 820 | 113 | ||||||
5.74%, 11/15/2037 * | 1,709 | 153 | ||||||
5.79%, 05/15/2038 * | 4,752 | 503 | ||||||
5.84%, 05/15/2039 * | 3,459 | 377 | ||||||
5.99%, 12/15/2039 * | 3,746 | 449 | ||||||
6.08%, 12/15/2039 * | 2,403 | 533 | ||||||
6.14%, 01/15/2037 * | 1,732 | 241 | ||||||
6.19%, 11/15/2037 * | 267 | 35 | ||||||
6.44%, 01/15/2019 * | 2,023 | 161 | ||||||
6.54%, 09/15/2039 * | 1,552 | 269 | ||||||
7.44%, 08/15/2036 * | 7,909 | 1,307 | ||||||
Freddie Mac PO | ||||||||
03/15/2019 - 10/15/2039 | 10,520 | 9,605 | ||||||
Freddie Mac Re-REMIC | ||||||||
6.00%, 05/15/2036 | 2,996 | 3,431 | ||||||
Ginnie Mae PO | ||||||||
12/20/2032 - 11/16/2037 | 4,065 | 3,740 | ||||||
Ginnie Mae IO | ||||||||
5.57%, 02/20/2038 * | 578 | 52 | ||||||
5.69%, 02/20/2039 - 06/20/2039 * | 2,078 | 210 | ||||||
5.74%, 02/20/2038 * | 5,328 | 622 | ||||||
5.78%, 02/20/2039 * | 695 | 69 | ||||||
5.79%, 08/16/2039 * | 4,091 | 389 | ||||||
5.84%, 11/20/2034 - 08/20/2039 * | 11,844 | 1,284 | ||||||
5.89%, 07/20/2038 * | 3,682 | 358 | ||||||
5.94%, 03/20/2037 - 06/20/2038 * | 8,929 | 939 | ||||||
6.04%, 03/20/2039 * | 771 | 69 | ||||||
6.14%, 12/20/2038 - 11/16/2039 * | 3,533 | 335 | ||||||
6.27%, 12/20/2037 * | 282 | 32 | ||||||
6.29%, 11/16/2033 - 11/20/2037 * | 779 | 116 | ||||||
6.50%, 03/20/2039 | 391 | 45 | ||||||
7.34%, 09/20/2038 * | 354 | 42 | ||||||
7.44%, 04/16/2038 * | 210 | 27 | ||||||
Ginnie Mae | ||||||||
0.46%, 04/16/2037 * | 252 | 251 | ||||||
5.50%, 05/16/2019 - 09/20/2039 | 6,372 | 7,180 | ||||||
5.75%, 02/20/2036 - 08/20/2036 | 3,938 | 4,251 | ||||||
5.86%, 10/20/2033 * | 926 | 1,028 | ||||||
6.00%, 04/20/2020 - 12/20/2039 | 4,408 | 4,892 | ||||||
6.50%, 04/20/2028 - 12/15/2035 | 4,985 | 5,544 | ||||||
7.00%, 09/15/2031 - 10/16/2040 | 4,229 | 4,813 | ||||||
7.00%, 09/20/2034 * | 92 | 93 | ||||||
7.38%, 03/17/2033 * | 370 | 380 | ||||||
7.50%, 12/20/2029 - 10/15/2037 | 2,330 | 2,681 | ||||||
8.74%, 04/20/2034 * | 460 | 483 | ||||||
14.23%, 11/17/2032 * | 150 | 181 | ||||||
16.76%, 02/20/2034 * | 73 | 93 | ||||||
Tennessee Valley Authority | ||||||||
5.25%, 09/15/2039 | 40 | 45 | ||||||
Tennessee Valley Authority Generic STRIPS | ||||||||
2.97%, 05/01/2019 ▲ | 500 | 379 | ||||||
Total U.S. Government Agency Obligations (cost $518,395) | 530,180 | |||||||
FOREIGN GOVERNMENT OBLIGATIONS - 0.2% | ||||||||
Province of Manitoba Canada | ||||||||
2.13%, 04/22/2013 | 100 | 103 | ||||||
Province of Ontario Canada | ||||||||
2.70%, 06/16/2015 | 700 | 736 | ||||||
2.95%, 02/05/2015 Λ | 515 | 547 | ||||||
Province of Quebec Canada | ||||||||
6.35%, 01/30/2026 | 285 | 380 | ||||||
Total Foreign Government Obligations (cost $1,670) | 1,766 | |||||||
MORTGAGE-BACKED SECURITIES - 10.2% | ||||||||
American General Mortgage Loan Trust | ||||||||
Series 2006-1, Class A5 | ||||||||
5.75%, 12/25/2035 - 144A * | 421 | 456 | ||||||
Series 2009-1, Class A4 | ||||||||
5.75%, 09/25/2048 - 144A * | 1,650 | 1,721 | ||||||
Series 2009-1, Class A5 | ||||||||
5.75%, 09/25/2048 - 144A * | 1,100 | 1,156 | ||||||
Series 2009-1, Class A7 | ||||||||
5.75%, 09/25/2048 - 144A * | 1,900 | 1,909 | ||||||
ASG Resecuritization Trust | ||||||||
Series 2009-1, Class A60 | ||||||||
5.43%, 06/26/2037 - 144A * | 228 | 232 | ||||||
Series 2009-2, Class A55 | ||||||||
5.51%, 05/24/2036 - 144A * | 403 | 418 | ||||||
Series 2009-3, Class A65 | ||||||||
5.43%, 03/26/2037 - 144A * | 1,395 | 1,404 | ||||||
Series 2009-4, Class A60 | ||||||||
6.00%, 06/28/2037 - 144A | 318 | 335 | ||||||
Series 2010-3, Class 2A22 | ||||||||
0.42%, 10/28/2036 - 144A * | 1,326 | 1,303 | ||||||
Series 2010-4, Class 2A20 | ||||||||
0.40%, 11/28/2036 - 144A * | 784 | 760 | ||||||
Banc of America Alternative Loan Trust | ||||||||
Series 2003-11, Class 1A1 | ||||||||
6.00%, 01/25/2034 | 200 | 208 | ||||||
Series 2003-11, Class 2A1 | ||||||||
6.00%, 01/25/2034 | 262 | 274 | ||||||
Series 2003-7, Class 2A4 | ||||||||
5.00%, 09/25/2018 | 662 | 685 | ||||||
Series 2003-9, Class 1CB2 | ||||||||
5.50%, 11/25/2033 | 325 | 333 | ||||||
Series 2004-1, Class 5A1 | ||||||||
5.50%, 02/25/2019 | 123 | 124 | ||||||
Series 2004-6, Class 3A2 | ||||||||
6.00%, 07/25/2034 | 440 | 451 | ||||||
Series 2004-8, Class 3A1 | ||||||||
5.50%, 09/25/2019 | 159 | 166 | ||||||
Banc of America Commercial Mortgage, Inc. | ||||||||
Series 2005-3, Class A4 | ||||||||
4.67%, 07/10/2043 | 300 | 316 | ||||||
Series 2005-3, Class AM | ||||||||
4.73%, 07/10/2043 | 800 | 740 | ||||||
Series 2005-5, Class A4 | ||||||||
5.12%, 10/10/2045 * | 200 | 220 | ||||||
Series 2006-3, Class A4 | ||||||||
5.89%, 07/10/2044 * | 600 | 657 | ||||||
Series 2006-4, Class A4 | ||||||||
5.63%, 07/10/2046 | 500 | 540 | ||||||
Series 2006-5, Class A4 | ||||||||
5.41%, 09/10/2047 | 150 | 160 | ||||||
Banc of America Funding Corp. | ||||||||
Series 2004-3, Class 1A1 | ||||||||
5.50%, 10/25/2034 | 908 | 939 |
Transamerica Funds | Annual Report 2010 |
Page 86
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
MORTGAGE-BACKED SECURITIES (continued) | ||||||||
Banc of America Funding Corp. (continued) | ||||||||
Series 2004-3, Class 1A7 | ||||||||
5.50%, 10/25/2034 | $ | 142 | $ | 145 | ||||
Series 2004-C, Class 1A1 | ||||||||
5.03%, 12/20/2034 * | 373 | 386 | ||||||
Series 2010-R4, Class 5A1 | ||||||||
0.41%, 07/26/2036 - 144A * | 529 | 511 | ||||||
Series 2010-R5, Class 5A6 | ||||||||
0.56%, 05/26/2037 - 144A * | 2,861 | 2,816 | ||||||
Series 2010-R7, Class A1 | ||||||||
0.44%, 06/25/2046 - 144A * | 1,108 | 1,088 | ||||||
Banc of America Mortgage Securities, Inc. | ||||||||
Series 2003-3, Class 2A1 | ||||||||
0.81%, 05/25/2018 * | 196 | 190 | ||||||
Series 2003-6, Class 2A1 | ||||||||
0.71%, 08/25/2018 * | 340 | 333 | ||||||
Series 2003-C, Class 3A1 | ||||||||
3.02%, 04/25/2033 * | 447 | 460 | ||||||
Series 2003-E, Class 2A2 | ||||||||
2.87%, 06/25/2033 * | 611 | 584 | ||||||
Series 2004-3, Class 1A23 | ||||||||
4.50%, 04/25/2034 | 110 | 110 | ||||||
Series 2004-3, Class 1A26 | ||||||||
5.50%, 04/25/2034 | 1,300 | 1,382 | ||||||
Series 2004-3, Class 3A1 | ||||||||
5.00%, 04/25/2019 | 269 | 277 | ||||||
Series 2004-5, Class 4A1 | ||||||||
4.75%, 06/25/2019 | 214 | 219 | ||||||
Series 2004-C, Class 2A2 | ||||||||
3.01%, 04/25/2034 * | 1,212 | 1,213 | ||||||
BCAP LLC Trust | ||||||||
Series 2009-RR10, Class 17A1 | ||||||||
5.75%, 06/26/2037 - 144A | 303 | 321 | ||||||
Series 2009-RR14, Class 3A2 | ||||||||
2.91%, 08/26/2035 - 144A * | 500 | 471 | ||||||
Series 2009-RR5, Class 8A1 | ||||||||
5.50%, 11/26/2034 - 144A | 874 | 902 | ||||||
Series 2010-RR5, Class 2A5 | ||||||||
5.18%, 04/26/2037 - 144A * | 1,000 | 919 | ||||||
Series 2010-RR6, Class 22A3 | ||||||||
5.38%, 06/26/2036 - 144A * | 973 | 1,022 | ||||||
Series 2010-RR6, Class 5A1 | ||||||||
5.50%, 11/26/2037 - 144A * | 706 | 714 | ||||||
Series 2010-RR7, Class 15A1 | ||||||||
1.06%, 01/26/2036 - 144A * | 1,294 | 1,210 | ||||||
Series 2010-RR7, Class 16A1 | ||||||||
1.05%, 02/26/2047 - 144A * | 926 | 897 | ||||||
Series 2010-RR7, Class 1A5 | ||||||||
5.03%, 04/26/2035 - 144A * | 2,340 | 2,436 | ||||||
Series 2010-RR7, Class 2A1 | ||||||||
5.66%, 07/26/2045 - 144A * | 2,316 | 2,363 | ||||||
Series 2010-RR8, Class 3A3 | ||||||||
5.10%, 05/26/2035 - 144A * | 829 | 857 | ||||||
Bear Stearns Adjustable Rate Mortgage Trust | ||||||||
Series 2003-4, Class 3A1 | ||||||||
5.01%, 07/25/2033 * | 349 | 360 | ||||||
Series 2004-2, Class 14A | ||||||||
5.15%, 05/25/2034 * | 446 | 461 | ||||||
Series 2005-5, Class A1 | ||||||||
2.34%, 08/25/2035 * | 481 | 461 | ||||||
Bear Stearns Commercial Mortgage Securities | ||||||||
Series 2006-PW11, Class A4 | ||||||||
5.46%, 03/11/2039 * | 200 | 220 | ||||||
Chase Mortgage Finance Corp. | ||||||||
Series 2003-S2, Class A1 | ||||||||
5.00%, 03/25/2018 | 539 | 554 | ||||||
Series 2007-A1, Class 2A1 | ||||||||
2.89%, 02/25/2037 * | 864 | 874 | ||||||
Series 2007-A1, Class 7A1 | ||||||||
2.93%, 02/25/2037 * | 772 | 783 | ||||||
Series 2007-A1, Class 9A1 | ||||||||
4.20%, 02/25/2037 * | 346 | 352 | ||||||
Series 2007-A2, Class 1A1 | ||||||||
2.90%, 07/25/2037 * | 167 | 166 | ||||||
Chase Mortgage Finance Corp., PO | ||||||||
Series 2003-S9, Class AP | ||||||||
10/25/2018 | 140 | 121 | ||||||
Citicorp Mortgage Securities, Inc. | ||||||||
Series 2003-6, Class 1A2 | ||||||||
4.50%, 05/25/2033 | 191 | 195 | ||||||
Citigroup Commercial Mortgage Trust | ||||||||
Series 2005-C3, Class AM | ||||||||
4.83%, 05/15/2043 * | 440 | 444 | ||||||
Citigroup Mortgage Loan Trust, Inc. | ||||||||
Series 2008-AR4, Class 1A1A | ||||||||
5.47%, 11/25/2038 * θ | 1,560 | 1,572 | ||||||
Citigroup Mortgage Loan Trust, Inc. | ||||||||
Series 2009-10, Class 1A1 | ||||||||
2.71%, 09/25/2033 - 144A * | 1,282 | 1,280 | ||||||
Series 2010-7, Class 10A1 | ||||||||
2.87%, 02/25/2035 - 144A * | 584 | 581 | ||||||
Commercial Mortgage Asset Trust | ||||||||
Series 1999-C1, Class D | ||||||||
7.35%, 01/17/2032 * | 1,000 | 1,101 | ||||||
Countrywide Alternative Loan Trust, PO | ||||||||
Series 2002-7, Class | ||||||||
08/25/2032 | 181 | 125 | ||||||
Countrywide Home Loan Mortgage Pass-Through Trust | ||||||||
Series 2003-34, Class A6 | ||||||||
5.25%, 09/25/2033 | 250 | 258 | ||||||
Series 2003-39, Class A6 | ||||||||
5.00%, 10/25/2033 | 715 | 731 | ||||||
Series 2003-J13, Class 1A7 | ||||||||
5.25%, 01/25/2034 | 1,437 | 1,481 | ||||||
Series 2004-5, Class 1A4 | ||||||||
5.50%, 06/25/2034 | 1,075 | 1,135 | ||||||
Series 2004-8, Class 2A1 | ||||||||
4.50%, 06/25/2019 | 189 | 194 | ||||||
Series 2004-J4, Class 2A1 | ||||||||
5.00%, 05/25/2019 | 343 | 353 | ||||||
Credit Suisse First Boston Mortgage Securities Corp. | ||||||||
Series 2003-27, Class 5A3 | ||||||||
5.25%, 11/25/2033 | 718 | 736 | ||||||
Series 2003-27, Class 5A4 | ||||||||
5.25%, 11/25/2033 | 815 | 850 | ||||||
Series 2003-29, Class 5A1 | ||||||||
7.00%, 12/25/2033 | 322 | 335 | ||||||
Series 2003-29, Class 8A1 | ||||||||
6.00%, 11/25/2018 | 177 | 183 | ||||||
Series 2003-AR15, Class 3A1 | ||||||||
2.81%, 06/25/2033 * | 460 | 457 |
Transamerica Funds | Annual Report 2010 |
Page 87
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
MORTGAGE-BACKED SECURITIES (continued) | ||||||||
Credit Suisse First Boston Mortgage Securities Corp. (continued) | ||||||||
Series 2004-8, Class 3A5 | ||||||||
5.50%, 12/25/2034 | $ | 845 | $ | 872 | ||||
Credit Suisse Mortgage Capital Certificates | ||||||||
Series 2006-C2, Class A3 | ||||||||
5.66%, 03/15/2039 * | 600 | 650 | ||||||
Series 2009-3R, Class 19A3 | ||||||||
6.00%, 01/27/2038 - 144A | 573 | 611 | ||||||
Series 2010-11R, Class A1 | ||||||||
1.26%, 06/28/2047 - 144A * | 1,238 | 1,242 | ||||||
Series 2010-15R, Class 7A1 | ||||||||
5.34%, 10/26/2037 - 144A * | 666 | 675 | ||||||
CW Capital Cobalt, Ltd. | ||||||||
Series 2006-C1, Class A4 | ||||||||
5.22%, 08/15/2048 | 600 | 627 | ||||||
Deutsche ALT-A Securities, Inc., Alternate Loan Trust | ||||||||
Series 2005-1, Class 2A1 | ||||||||
5.59%, 02/25/2020 * | 384 | 388 | ||||||
Deutsche Mortgage Securities, Inc. | ||||||||
Series 2010-RS2, Class A1 | ||||||||
1.51%, 06/28/2047 - 144A * | 868 | 868 | ||||||
First Horizon Asset Securities, Inc. | ||||||||
Series 2003-8, Class 2A1 | ||||||||
4.50%, 09/25/2018 | 273 | 284 | ||||||
GMAC Mortgage Corp., Loan Trust | ||||||||
Series 2003-AR1, Class A4 | ||||||||
3.41%, 10/19/2033 * | 289 | 289 | ||||||
Series 2003-AR2, Class 2A4 | ||||||||
3.50%, 12/19/2033 * | 1,579 | 1,564 | ||||||
Series 2004-J2, Class A2 | ||||||||
0.76%, 06/25/2034 * | 260 | 251 | ||||||
Series 2004-J5, Class A7 | ||||||||
6.50%, 01/25/2035 | 633 | 652 | ||||||
Series 2004-J6, Class 1A1 | ||||||||
5.00%, 01/25/2020 | 423 | 437 | ||||||
Series 2010-1, Class A | ||||||||
4.25%, 07/25/2040 - 144A | 747 | 746 | ||||||
Greenwich Capital Commercial Funding Corp. | ||||||||
Series 2005-GG3, Class AJ | ||||||||
4.86%, 08/10/2042 * | 220 | 216 | ||||||
GSR Mortgage Loan Trust | ||||||||
Series 2003-7F, Class 1A4 | ||||||||
5.25%, 06/25/2033 | 1,462 | 1,489 | ||||||
Series 2004-8F, Class 2A3 | ||||||||
6.00%, 09/25/2034 | 664 | 704 | ||||||
Series 2005-5F, Class 2A3 | ||||||||
5.50%, 06/25/2035 | 596 | 603 | ||||||
Series 2005-5F, Class 8A3 | ||||||||
0.76%, 06/25/2035 * | 646 | 583 | ||||||
Impac Secured Assets CMN Owner Trust | ||||||||
Series 2003-2, Class A1 | ||||||||
5.50%, 08/25/2033 | 178 | 186 | ||||||
JP Morgan Re-REMIC | ||||||||
Series 2010-4, Class 7A1 | ||||||||
4.32%, 08/26/2035 - 144A * | 836 | 847 | ||||||
JPMorgan Chase Commercial Mortgage Securities Corp. | ||||||||
Series 2005-CB13, Class A4 | ||||||||
5.28%, 01/12/2043 * | 385 | 412 | ||||||
JPMorgan Mortgage Trust | ||||||||
Series 2004-A3, Class 4A1 | ||||||||
4.30%, 07/25/2034 * | 244 | 244 | ||||||
Series 2004-A4, Class 1A1 | ||||||||
4.55%, 09/25/2034 * | 325 | 334 | ||||||
Series 2004-S1, Class 1A7 | ||||||||
5.00%, 09/25/2034 | 163 | 170 | ||||||
Series 2005-A1, Class 3A4 | ||||||||
5.01%, 02/25/2035 * | 688 | 694 | ||||||
Series 2005-A1, Class 5A1 | ||||||||
4.48%, 02/25/2035 * | 529 | 544 | ||||||
Series 2006-A2, Class 4A1 | ||||||||
2.93%, 08/25/2034 * | 705 | 703 | ||||||
Series 2006-A3, Class 6A1 | ||||||||
2.99%, 08/25/2034 * | 187 | 175 | ||||||
LB-UBS Commercial Mortgage Trust | ||||||||
Series 2006-C1, Class A4 | ||||||||
5.16%, 02/15/2031 | 150 | 163 | ||||||
Series 2006-C4, Class A4 | ||||||||
5.88%, 06/15/2038 * | 400 | 440 | ||||||
LVII Resecuritization Trust | ||||||||
Series 2009-1, Class A1 | ||||||||
5.95%, 11/27/2037 - 144A * | 420 | 428 | ||||||
Series 2009-2, Class A3 | ||||||||
3.00%, 09/27/2037 - 144A * | 1,000 | 998 | ||||||
Series 2009-2, Class A4 | ||||||||
3.00%, 09/27/2037 - 144A * | 1,000 | 1,000 | ||||||
MASTR Adjustable Rate Mortgages Trust | ||||||||
Series 2004-13, Class 3A6 | ||||||||
2.90%, 11/21/2034 * | 222 | 223 | ||||||
MASTR Alternative Loans Trust | ||||||||
Series 2003-9, Class 2A1 | ||||||||
6.00%, 12/25/2033 | 283 | 292 | ||||||
MASTR Asset Securitization Trust | ||||||||
Series 2003-2, Class 1A1 | ||||||||
5.00%, 03/25/2018 | 219 | 225 | ||||||
Series 2003-3, Class 3A18 | ||||||||
5.50%, 04/25/2033 | 595 | 595 | ||||||
Series 2003-7, Class 4A1 | ||||||||
4.25%, 09/25/2033 | 227 | 227 | ||||||
Series 2004-P7, Class A6 | ||||||||
5.50%, 12/27/2033 - 144A | 865 | 913 | ||||||
MASTR Resecuritization Trust, PO | ||||||||
Series 2005, Class 3 | ||||||||
05/28/2035 - 144A | 418 | 267 | ||||||
Merrill Lynch Mortgage Investors, Inc. | ||||||||
Series 2003-A4, Class 2A | ||||||||
2.89%, 07/25/2033 * | 238 | 244 | ||||||
Series 2003-A5, Class 2A6 | ||||||||
2.57%, 08/25/2033 * | 238 | 230 | ||||||
Series 2004-A4, Class A2 | ||||||||
2.79%, 08/25/2034 * | 376 | 378 | ||||||
Merrill Lynch Mortgage Trust | ||||||||
Series 2005-LC1, Class AJ | ||||||||
5.33%, 01/12/2044 * | 500 | 476 | ||||||
Series 2006-C1, Class A4 | ||||||||
5.65%, 05/12/2039 * | 730 | 801 | ||||||
MLCC Mortgage Investors, Inc. | ||||||||
Series 2004-D, Class A2 | ||||||||
0.89%, 08/25/2029 * | 505 | 471 | ||||||
Morgan Stanley Capital I | ||||||||
Series 2006-T21, Class A4 | ||||||||
5.16%, 10/12/2052 * | 200 | 219 | ||||||
Series 2007-T27, Class A4 | ||||||||
5.65%, 06/11/2042 * | 200 | 222 |
Transamerica Funds | Annual Report 2010 |
Page 88
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
MORTGAGE-BACKED SECURITIES (continued) | ||||||||
Prime Mortgage Trust, PO | ||||||||
Series 2004-CL1, Class 1 | ||||||||
02/25/2034 | $ | 42 | $ | 32 | ||||
Prime Mortgage Trust | ||||||||
Series 2004-CL1, Class 1A1 | ||||||||
6.00%, 02/25/2034 | 400 | 417 | ||||||
RBSSP Resecuritization Trust | ||||||||
Series 2009-1, Class 1A1 | ||||||||
6.50%, 02/26/2036 - 144A | 737 | 787 | ||||||
Series 2010-4, Class 12A1 | ||||||||
4.50%, 03/26/2021 - 144A | 975 | 965 | ||||||
Residential Accredit Loans, Inc. | ||||||||
Series 2003-QS1, Class A6 | ||||||||
4.25%, 01/25/2033 | 250 | 253 | ||||||
Series 2003-QS13, Class A5 | ||||||||
0.91%, 07/25/2033 * | 614 | 489 | ||||||
Series 2003-QS15, Class A7 | ||||||||
5.50%, 08/25/2033 | 1,185 | 1,208 | ||||||
Series 2003-QS18, Class A1 | ||||||||
5.00%, 09/25/2018 | 237 | 242 | ||||||
Series 2004-QS7, Class A4 | ||||||||
5.50%, 05/25/2034 | 356 | 303 | ||||||
Residential Asset Securitization Trust | ||||||||
Series 2002-A13, Class A4 | ||||||||
5.25%, 12/25/2017 | 182 | 184 | ||||||
Residential Funding Mortgage Securities I | ||||||||
Series 2003-S20, Class 2A1 | ||||||||
4.75%, 12/25/2018 | 232 | 239 | ||||||
Series 2003-S4, Class A4 | ||||||||
5.75%, 03/25/2033 | 1,080 | 1,137 | ||||||
Salomon Brothers Mortgage Securities VII, Inc. | ||||||||
Series 2003-HYB1, Class A | ||||||||
3.22%, 09/25/2033 * | 780 | 782 | ||||||
Salomon Brothers Mortgage Securities VII, Inc. | ||||||||
Series 2003-UP1, Class A | ||||||||
3.95%, 04/25/2032 - 144A * | 73 | 63 | ||||||
Structured Asset Securities Corp. | ||||||||
Series 2003-16, Class A3 | ||||||||
0.76%, 06/25/2033 * | 230 | 211 | ||||||
Series 2003-32, Class 1A1 | ||||||||
5.08%, 11/25/2033 * | 299 | 304 | ||||||
Series 2003-33H, Class 1A1 | ||||||||
5.50%, 10/25/2033 | 244 | 245 | ||||||
Series 2003-35, Class 3A1 | ||||||||
0.76%, 12/25/2033 * | 876 | 830 | ||||||
Series 2003-37A, Class 2A | ||||||||
4.99%, 12/25/2033 * | 421 | 439 | ||||||
Series 2004-4XS, Class 1A5 | ||||||||
5.49%, 02/25/2034 * | 838 | 843 | ||||||
Series 2004-5H, Class A4 | ||||||||
5.54%, 12/25/2033 | 1,000 | 1,029 | ||||||
Thornburg Mortgage Securities Trust | ||||||||
Series 2004-1, Class II2A | ||||||||
2.12%, 03/25/2044 * | 276 | 267 | ||||||
TIAA Seasoned Commercial Mortgage Trust | ||||||||
Series 2007-C4, Class A3 | ||||||||
6.04%, 08/15/2039 * | 650 | 725 | ||||||
Vendee Mortgage Trust | ||||||||
Series 1993-1, Class ZB | ||||||||
7.25%, 02/15/2023 | 514 | 594 | ||||||
Series 1998-2, Class 1G | ||||||||
6.75%, 06/15/2028 | 863 | 1,011 | ||||||
WaMu Mortgage Pass-Through Certificates | ||||||||
Series 2003-AR6, Class A1 | ||||||||
2.70%, 06/25/2033 * | 257 | 254 | ||||||
Series 2003-AR7, Class A7 | ||||||||
2.67%, 08/25/2033 * | 503 | 493 | ||||||
Series 2003-AR8, Class A | ||||||||
2.72%, 08/25/2033 * | 165 | 167 | ||||||
Series 2003-AR9, Class 1A6 | ||||||||
2.71%, 09/25/2033 * | 840 | 812 | ||||||
Series 2003-S4, Class 2A10 | ||||||||
16.76%, 06/25/2033 * | 80 | 90 | ||||||
Series 2003-S8, Class A4 | ||||||||
4.50%, 09/25/2018 | 513 | 527 | ||||||
Series 2003-S9, Class A8 | ||||||||
5.25%, 10/25/2033 | 580 | 577 | ||||||
Series 2004-AR3, Class A1 | ||||||||
2.71%, 06/25/2034 * | 114 | 110 | ||||||
Series 2004-AR3, Class A2 | ||||||||
2.71%, 06/25/2034 * | 1,178 | 1,174 | ||||||
Series 2004-CB2, Class 7A | ||||||||
5.50%, 08/25/2019 | 272 | 283 | ||||||
Series 2004-CB3, Class 4A | ||||||||
6.00%, 10/25/2019 | 784 | 819 | ||||||
Series 2004-S1, Class 1A3 | ||||||||
0.66%, 03/25/2034 * | 394 | 390 | ||||||
Series 2004-S2, Class 2A4 | ||||||||
5.50%, 06/25/2034 | 569 | 590 | ||||||
WaMu MSC Mortgage Pass-Through Certificates | ||||||||
Series 2004-RA2, Class 2A | ||||||||
7.00%, 07/25/2033 | 246 | 255 | ||||||
Washington Mutual MSC Mortgage Pass-Through Certificates | ||||||||
Series 2003-MS2, Class 1A1 | ||||||||
5.75%, 02/25/2033 | 951 | 979 | ||||||
Wells Fargo Mortgage Backed Securities Trust | ||||||||
Series 2003-15, Class 1A1 | ||||||||
4.75%, 12/25/2018 | 364 | 379 | ||||||
Series 2003-J, Class 2A5 | ||||||||
4.44%, 10/25/2033 * | 50 | 51 | ||||||
Series 2003-K, Class 1A1 | ||||||||
4.46%, 11/25/2033 * | 129 | 129 | ||||||
Series 2004-4, Class A9 | ||||||||
5.50%, 05/25/2034 | 846 | 887 | ||||||
Series 2004-7, Class 2A2 | ||||||||
5.00%, 07/25/2019 | 580 | 606 | ||||||
Series 2004-E, Class A8 | ||||||||
4.85%, 05/25/2034 * | 345 | 349 | ||||||
Series 2004-EE, Class 2A1 | ||||||||
2.86%, 12/25/2034 * | 645 | 633 | ||||||
Series 2004-EE, Class 2A2 | ||||||||
2.86%, 12/25/2034 * | 161 | 160 | ||||||
Series 2004-EE, Class 3A1 | ||||||||
3.00%, 12/25/2034 * | 151 | 149 | ||||||
Series 2004-EE, Class 3A2 | ||||||||
3.00%, 12/25/2034 * | 226 | 228 | ||||||
Series 2004-I, Class 1A1 | ||||||||
3.04%, 07/25/2034 * | 185 | 186 | ||||||
Series 2004-U, Class A1 | ||||||||
3.01%, 10/25/2034 * | 1,905 | 1,845 | ||||||
Series 2004-V, Class 1A1 | ||||||||
2.90%, 10/25/2034 * | 378 | 377 |
Transamerica Funds | Annual Report 2010 |
Page 89
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
MORTGAGE-BACKED SECURITIES (continued) | ||||||||
Wells Fargo Mortgage Backed Securities Trust (continued) | ||||||||
Series 2004-V, Class 1A2 | ||||||||
2.90%, 10/25/2034 * | $ | 169 | $ | 170 | ||||
Series 2005-13, Class A1 | ||||||||
5.00%, 11/25/2020 | 378 | 395 | ||||||
Series 2005-AR8, Class 2A1 | ||||||||
2.92%, 06/25/2035 * | 285 | 279 | ||||||
Total Mortgage-Backed Securities (cost $105,896) | 108,510 | |||||||
ASSET-BACKED SECURITIES - 1.7% | ||||||||
AH Mortgage Advance Trust | ||||||||
Series 2010-ADV1, Class A1 | ||||||||
3.97%, 08/15/2022 - 144A | 530 | 537 | ||||||
Ally Auto Receivables Trust | ||||||||
Series 2009-A, Class A3 | ||||||||
2.33%, 06/17/2013 - 144A | 100 | 102 | ||||||
Series 2010-1, Class A3 | ||||||||
1.45%, 05/15/2014 | 330 | 334 | ||||||
Series 2010-3, Class A3 | ||||||||
1.11%, 10/15/2014 | 920 | 928 | ||||||
Series 2010-3, Class A4 | ||||||||
1.55%, 08/17/2015 | 357 | 359 | ||||||
AmeriCredit Automobile Receivables Trust | ||||||||
Series 2010-1, Class A2 | ||||||||
0.97%, 01/15/2013 | 111 | 111 | ||||||
Series 2010-1, Class A3 | ||||||||
1.66%, 03/17/2014 | 95 | 96 | ||||||
Series 2010-3, Class A3 | ||||||||
1.14%, 04/08/2015 | 535 | 537 | ||||||
Bank of America Auto Trust | ||||||||
Series 2009-2A, Class A3 | ||||||||
2.13%, 09/15/2013 - 144A | 100 | 101 | ||||||
Series 2009-3A, Class A3 | ||||||||
1.67%, 12/16/2013 - 144A | 105 | 106 | ||||||
Series 2010-1A, Class A3 | ||||||||
1.39%, 03/15/2014 - 144A | 260 | 262 | ||||||
Series 2010-1A, Class A4 | ||||||||
2.18%, 02/15/2017 - 144A | 185 | 190 | ||||||
Series 2010-2, Class A2 | ||||||||
0.91%, 10/15/2012 | 540 | 541 | ||||||
Series 2010-2, Class A3 | ||||||||
1.31%, 07/15/2014 | 310 | 313 | ||||||
Series 2010-2, Class A4 | ||||||||
1.94%, 06/15/2017 | 510 | 523 | ||||||
CarMax Auto Owner Trust | ||||||||
Series 2010-1, Class A3 | ||||||||
1.56%, 07/15/2014 | 200 | 202 | ||||||
Chase Funding Mortgage Loan Asset-Backed | ||||||||
Certificates | ||||||||
Series 2003-2, Class 2A2 | ||||||||
0.82%, 02/25/2033 * | 647 | 582 | ||||||
Series 2003-5, Class 1A4 | ||||||||
4.40%, 02/25/2030 | 392 | 392 | ||||||
Series 2003-6, Class 1A4 | ||||||||
4.50%, 11/25/2034 | 550 | 546 | ||||||
Series 2003-6, Class 1A5 | ||||||||
5.35%, 11/25/2034 * | 500 | 446 | ||||||
Chrysler Financial Auto Securitization Trust | ||||||||
Series 2010-A, Class A3 | ||||||||
0.91%, 08/08/2013 | 1,000 | 1,003 | ||||||
Citibank Credit Card Issuance Trust | ||||||||
Series 2007-A7, Class A7 | ||||||||
0.61%, 08/20/2014 * | 1,000 | 1,002 | ||||||
CNH Equipment Trust | ||||||||
Series 2009-C, Class A3 | ||||||||
1.85%, 12/16/2013 | 25 | 25 | ||||||
Series 2010-A, Class A3 | ||||||||
1.54%, 07/15/2014 | 635 | 643 | ||||||
GE Capital Credit Card Master Note Trust | ||||||||
Series 2009-2, Class A | ||||||||
3.69%, 07/15/2015 | 600 | 626 | ||||||
HSBC Home Equity Loan Trust | ||||||||
Series 2005-2, Class A1 | ||||||||
0.53%, 01/20/2035 * | 104 | 95 | ||||||
Series 2006-1, Class A1 | ||||||||
0.42%, 01/20/2036 * | 191 | 173 | ||||||
Series 2007-1, Class A2F | ||||||||
5.60%, 03/20/2036 * | 200 | 207 | ||||||
Series 2007-1, Class AS | ||||||||
0.46%, 03/20/2036 * | 203 | 189 | ||||||
Series 2007-3, Class APT | ||||||||
1.46%, 11/20/2036 * | 148 | 135 | ||||||
Hyundai Auto Receivables Trust | ||||||||
Series 2010-B, Class A3 | ||||||||
0.97%, 04/15/2015 | 340 | 342 | ||||||
Series 2010-B, Class A4 | ||||||||
1.63%, 03/15/2017 | 375 | 379 | ||||||
Mercedes-Benz Auto Receivables Trust | ||||||||
Series 2010-1, Class A1 | ||||||||
0.31%, 05/13/2011 | 911 | 911 | ||||||
Series 2010-1, Class A3 | ||||||||
1.42%, 08/15/2014 | 250 | 253 | ||||||
Morgan Stanley ABS Capital I | ||||||||
Series 2004-WMC3, Class M1 | ||||||||
1.01%, 01/25/2035 * | 74 | 72 | ||||||
Nissan Auto Receivables Owner Trust | ||||||||
Series 2010-A, Class A3 | ||||||||
0.87%, 07/15/2014 | 455 | 457 | ||||||
Series 2010-A, Class A4 | ||||||||
1.31%, 09/15/2016 | 300 | 302 | ||||||
PennyMac Loan Trust | ||||||||
Series 2010-NPL1, Class A | ||||||||
4.25%, 05/25/2050 - 144A * | 546 | 544 | ||||||
Residential Asset Mortgage Products, Inc. | ||||||||
Series 2004-RS6, Class AI4 | ||||||||
5.46%, 05/25/2032 * | 569 | 587 | ||||||
Structured Asset Investment Loan Trust | ||||||||
Series 2005-5, Class A9 | ||||||||
0.53%, 06/25/2035 * | 400 | 370 | ||||||
Structured Asset Securities Corp. | ||||||||
Series 2002-AL1, Class A2 | ||||||||
3.45%, 02/25/2032 | 330 | 315 | ||||||
Series 2004-6XS, Class A5A | ||||||||
5.53%, 03/25/2034 * | 654 | 637 | ||||||
Series 2005-NC1, Class A11 | ||||||||
4.69%, 02/25/2035 * | 1,120 | 1,147 | ||||||
Toyota Auto Receivables Owner Trust | ||||||||
Series 2010-C, Class A3 | ||||||||
0.77%, 04/15/2014 | 70 | 70 | ||||||
USAA Auto Owner Trust | ||||||||
Series 2009-2, Class A3 | ||||||||
1.54%, 10/15/2012 | 115 | 116 | ||||||
Series 2009-2, Class A4 | ||||||||
2.53%, 06/17/2013 | 115 | 119 |
Transamerica Funds | Annual Report 2010 |
Page 90
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
ASSET-BACKED SECURITIES (continued) | ||||||||
World Omni Auto Receivables Trust | ||||||||
Series 2010-A, Class A4 | ||||||||
2.21%, 05/15/2015 | $ | 275 | $ | 283 | ||||
Total Asset-Backed Securities (cost $17,992) | 18,210 | |||||||
MUNICIPAL GOVERNMENT OBLIGATIONS - 0.1% | ||||||||
Port Authority of New York & New Jersey | ||||||||
5.65%, 11/01/2040 | 485 | 480 | ||||||
State of Illinois | ||||||||
5.10%, 06/01/2033 | 85 | 68 | ||||||
Total Municipal Government Obligations (cost $565) | 548 | |||||||
CORPORATE DEBT SECURITIES - 12.6% | ||||||||
Aerospace & Defense - 0.1% | ||||||||
BAE Systems Holdings, Inc. | ||||||||
5.20%, 08/15/2015 - 144A | 380 | 420 | ||||||
Lockheed Martin Corp. | ||||||||
4.25%, 11/15/2019 | 150 | 162 | ||||||
5.72%, 06/01/2040 - 144A | 108 | 116 | ||||||
United Technologies Corp. | ||||||||
8.88%, 11/15/2019 | 250 | 354 | ||||||
Automobiles - 0.1% | ||||||||
Daimler Finance North America LLC | ||||||||
6.50%, 11/15/2013 | 80 | 92 | ||||||
7.30%, 01/15/2012 | 460 | 493 | ||||||
Beverages - 0.1% | ||||||||
Anheuser-Busch InBev Worldwide, Inc. | ||||||||
7.20%, 01/15/2014 - 144A | 60 | 70 | ||||||
7.75%, 01/15/2019 - 144A | 650 | 841 | ||||||
PepsiCo, Inc. | ||||||||
7.90%, 11/01/2018 | 100 | 134 | ||||||
SABMiller PLC | ||||||||
5.50%, 08/15/2013 - 144A | 180 | 198 | ||||||
Biotechnology - 0.1% | ||||||||
Amgen, Inc. | ||||||||
3.45%, 10/01/2020 | 400 | 400 | ||||||
4.50%, 03/15/2020 | 56 | 62 | ||||||
5.75%, 03/15/2040 ^ | 165 | 179 | ||||||
Capital Markets - 1.5% | ||||||||
Bank of New York Mellon Corp. | ||||||||
2.95%, 06/18/2015 ^ | 675 | 707 | ||||||
4.60%, 01/15/2020 ^ | 40 | 43 | ||||||
BlackRock, Inc. | ||||||||
6.25%, 09/15/2017 ^ | 635 | 748 | ||||||
BP Capital Markets PLC | ||||||||
3.88%, 03/10/2015 | 675 | 714 | ||||||
Charles Schwab Corp. | ||||||||
4.95%, 06/01/2014 | 100 | 112 | ||||||
Credit Suisse | ||||||||
4.38%, 08/05/2020 ^ | 316 | 325 | ||||||
5.30%, 08/13/2019 | 600 | 666 | ||||||
6.00%, 02/15/2018 | 400 | 449 | ||||||
Credit Suisse USA, Inc. | ||||||||
5.13%, 08/15/2015 ^ | 170 | 192 | ||||||
Deutsche Bank AG | ||||||||
2.38%, 01/11/2013 | 250 | 257 | ||||||
3.88%, 08/18/2014 | 100 | 107 | ||||||
Goldman Sachs Group, Inc. | ||||||||
3.70%, 08/01/2015 | 563 | 583 | ||||||
5.25%, 10/15/2013 ^ | 225 | 246 | ||||||
5.38%, 03/15/2020 | 390 | 413 | ||||||
6.00%, 06/15/2020 ^ | 122 | 136 | ||||||
6.15%, 04/01/2018 | 200 | 224 | ||||||
6.25%, 09/01/2017 ^ | 650 | 735 | ||||||
6.75%, 10/01/2037 | 200 | 210 | ||||||
7.50%, 02/15/2019 | 2,050 | 2,469 | ||||||
Jefferies Group, Inc. | ||||||||
6.25%, 01/15/2036 | 260 | 238 | ||||||
6.45%, 06/08/2027 ^ | 180 | 175 | ||||||
8.50%, 07/15/2019 | 575 | 679 | ||||||
Morgan Stanley — Series F | ||||||||
5.55%, 04/27/2017 | 170 | 181 | ||||||
Morgan Stanley | ||||||||
4.00%, 07/24/2015 | 333 | 343 | ||||||
4.20%, 11/20/2014 | 156 | 162 | ||||||
5.45%, 01/09/2017 | 500 | 531 | ||||||
5.63%, 09/23/2019 | 610 | 641 | ||||||
6.25%, 08/28/2017 ^ | 450 | 496 | ||||||
6.63%, 04/01/2018 | 200 | 225 | ||||||
7.30%, 05/13/2019 | 1,000 | 1,153 | ||||||
Nomura Holdings, Inc. | ||||||||
5.00%, 03/04/2015 | 350 | 379 | ||||||
6.70%, 03/04/2020 | 263 | 299 | ||||||
UBS AG | ||||||||
2.25%, 08/12/2013 | 250 | 255 | ||||||
3.88%, 01/15/2015 ^ | 600 | 628 | ||||||
4.88%, 08/04/2020 ^ | 525 | 563 | ||||||
5.88%, 12/20/2017 ^ | 110 | 126 | ||||||
Chemicals - 0.2% | ||||||||
Dow Chemical Co. | ||||||||
4.85%, 08/15/2012 | 190 | 202 | ||||||
8.55%, 05/15/2019 | 350 | 450 | ||||||
E.I. du Pont de Nemours & Co. | ||||||||
1.95%, 01/15/2016 | 173 | 174 | ||||||
4.90%, 01/15/2041 ^ | 125 | 123 | ||||||
PPG Industries, Inc. | ||||||||
5.75%, 03/15/2013 | 120 | 131 | ||||||
7.40%, 08/15/2019 | 300 | 360 | ||||||
9.00%, 05/01/2021 | 310 | 427 | ||||||
Praxair, Inc. | ||||||||
4.38%, 03/31/2014 | 375 | 413 | ||||||
5.20%, 03/15/2017 | 150 | 173 | ||||||
Commercial Banks - 2.2% | ||||||||
ANZ National International, Ltd. | ||||||||
2.38%, 12/21/2012 - 144A | 105 | 107 | ||||||
Bank of Nova Scotia | ||||||||
1.65%, 10/29/2015 - 144A | 359 | 352 | ||||||
3.40%, 01/22/2015 | 205 | 220 | ||||||
Bank of Tokyo-Mitsubishi UFJ, Ltd. | ||||||||
3.85%, 01/22/2015 - 144A | 227 | 244 | ||||||
Barclays Bank PLC | ||||||||
2.50%, 09/21/2015 - 144A | 510 | 514 | ||||||
2.50%, 01/23/2013 | 150 | 154 | ||||||
3.90%, 04/07/2015 ^ | 170 | 182 | ||||||
5.00%, 09/22/2016 ^ | 100 | 111 | ||||||
5.13%, 01/08/2020 ^ | 350 | 379 | ||||||
5.20%, 07/10/2014 | 125 | 139 | ||||||
6.75%, 05/22/2019 ^ | 400 | 475 |
Transamerica Funds | Annual Report 2010 |
Page 91
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
Commercial Banks (continued) | ||||||||
BB&T Corp. | ||||||||
3.38%, 09/25/2013 ^ | $ | 195 | $ | 207 | ||||
3.85%, 07/27/2012 | 485 | 509 | ||||||
3.95%, 04/29/2016 | 515 | 550 | ||||||
4.90%, 06/30/2017 | 550 | 585 | ||||||
5.25%, 11/01/2019 | 90 | 97 | ||||||
6.85%, 04/30/2019 | 250 | 304 | ||||||
Canadian Imperial Bank of Commerce | ||||||||
2.60%, 07/02/2015 - 144A | 1,750 | 1,830 | ||||||
Comerica, Inc. | ||||||||
3.00%, 09/16/2015 ^ | 150 | 153 | ||||||
DnB NOR Boligkreditt | ||||||||
2.10%, 10/14/2015 - 144A | 757 | 758 | ||||||
HSBC Bank PLC | ||||||||
3.50%, 06/28/2015 - 144A | 1,175 | 1,244 | ||||||
4.13%, 08/12/2020 - 144A ^ | 275 | 280 | ||||||
KeyBank NA | ||||||||
5.70%, 11/01/2017 | 245 | 260 | ||||||
5.80%, 07/01/2014 ^ | 250 | 274 | ||||||
M&T Bank Corp. | ||||||||
5.38%, 05/24/2012 | 80 | 85 | ||||||
National Australia Bank, Ltd. | ||||||||
2.50%, 01/08/2013 - 144A | 400 | 410 | ||||||
2.75%, 09/28/2015 - 144A | 280 | 284 | ||||||
3.75%, 03/02/2015 - 144A ^ | 280 | 298 | ||||||
National City Corp. | ||||||||
4.90%, 01/15/2015 | 165 | 182 | ||||||
Nordea Bank AB | ||||||||
1.75%, 10/04/2013 | 200 | 201 | ||||||
PNC Funding Corp. | ||||||||
3.00%, 05/19/2014 ^ | 180 | 187 | ||||||
4.38%, 08/11/2020 | 433 | 439 | ||||||
5.13%, 02/08/2020 ^ | 250 | 271 | ||||||
5.25%, 11/15/2015 | 130 | 145 | ||||||
5.63%, 02/01/2017 | 130 | 142 | ||||||
6.70%, 06/10/2019 | 150 | 179 | ||||||
Rabobank Nederland NV | ||||||||
2.13%, 10/13/2015 | 105 | 106 | ||||||
3.20%, 03/11/2015 - 144A | 500 | 526 | ||||||
Stadshypotek AB | ||||||||
1.45%, 09/30/2013 - 144A | 1,394 | 1,410 | ||||||
Toronto-Dominion Bank | ||||||||
2.20%, 07/29/2015 - 144A | 295 | 300 | ||||||
U.S. Bancorp | ||||||||
2.00%, 06/14/2013 ^ | 540 | 556 | ||||||
2.88%, 11/20/2014 | 121 | 127 | ||||||
Wachovia Bank NA | ||||||||
0.62%, 03/15/2016 * ^ | 450 | 415 | ||||||
5.00%, 08/15/2015 | 500 | 552 | ||||||
6.00%, 11/15/2017 | 2,000 | 2,275 | ||||||
Wachovia Corp. | ||||||||
5.50%, 05/01/2013 | 420 | 462 | ||||||
5.75%, 06/15/2017 - 02/01/2018 ^ | 2,170 | 2,472 | ||||||
Wells Fargo & Co. | ||||||||
3.75%, 10/01/2014 ^ | 390 | 417 | ||||||
5.63%, 12/11/2017 ^ | 100 | 113 | ||||||
Westpac Banking Corp. | ||||||||
4.88%, 11/19/2019 ^ | 750 | 815 | ||||||
Commercial Services & Supplies - 0.0% ∞ | ||||||||
Browning-Ferris Industries, Inc. | ||||||||
9.25%, 05/01/2021 | 105 | 135 | ||||||
Waste Management, Inc. | ||||||||
4.75%, 06/30/2020 ^ | 319 | 343 | ||||||
Communications Equipment - 0.0% ∞ | ||||||||
Cisco Systems, Inc. | ||||||||
4.45%, 01/15/2020 | 150 | 166 | ||||||
5.50%, 01/15/2040 | 50 | 53 | ||||||
5.90%, 02/15/2039 | 100 | 112 | ||||||
Computers & Peripherals - 0.2% | ||||||||
Dell, Inc. | ||||||||
2.30%, 09/10/2015 ^ | 371 | 373 | ||||||
5.65%, 04/15/2018 | 90 | 102 | ||||||
HP Enterprise Services LLC | ||||||||
7.45%, 10/15/2029 ^ | 500 | 654 | ||||||
Consumer Finance - 0.2% | ||||||||
American Express Co. | ||||||||
7.00%, 03/19/2018 | 400 | 480 | ||||||
American Express Credit Corp. | ||||||||
7.30%, 08/20/2013 | 200 | 229 | ||||||
Capital One Financial Corp. | ||||||||
6.75%, 09/15/2017 | 180 | 217 | ||||||
7.38%, 05/23/2014 | 75 | 88 | ||||||
HSBC Finance Corp. | ||||||||
4.75%, 07/15/2013 ^ | 165 | 176 | ||||||
5.00%, 06/30/2015 ^ | 455 | 497 | ||||||
5.50%, 01/19/2016 | 260 | 289 | ||||||
Toyota Motor Credit Corp. | ||||||||
3.20%, 06/17/2015 | 385 | 412 | ||||||
Diversified Financial Services - 2.6% | ||||||||
Allstate Life Global Funding Trust | ||||||||
5.38%, 04/30/2013 | 200 | 221 | ||||||
Associates Corp. | ||||||||
6.95%, 11/01/2018 | 700 | 791 | ||||||
Bank of America Corp. — Series L | ||||||||
7.38%, 05/15/2014 | 650 | 737 | ||||||
Bank of America Corp. | ||||||||
5.63%, 07/01/2020 ^ | 1,340 | 1,388 | ||||||
5.65%, 05/01/2018 | 700 | 737 | ||||||
5.75%, 12/01/2017 | 220 | 233 | ||||||
6.50%, 08/01/2016 | 500 | 558 | ||||||
Blackstone Holdings Finance Co., LLC | ||||||||
5.88%, 03/15/2021 - 144A | 1,205 | 1,215 | ||||||
Capital One Bank USA NA | ||||||||
8.80%, 07/15/2019 | 900 | 1,142 | ||||||
Caterpillar Financial Services Corp. | ||||||||
7.15%, 02/15/2019 ^ | 100 | 128 | ||||||
Caterpillar Financial Services Corp. — Series F | ||||||||
5.85%, 09/01/2017 | 150 | 176 | ||||||
7.05%, 10/01/2018 ^ | 150 | 189 | ||||||
Citigroup, Inc. | ||||||||
4.75%, 05/19/2015 | 62 | 66 | ||||||
5.38%, 08/09/2020 ^ | 355 | 374 | ||||||
6.00%, 12/13/2013 - 08/15/2017 ^ | 2,115 | 2,333 | ||||||
6.01%, 01/15/2015 | 175 | 194 | ||||||
6.13%, 11/21/2017 | 345 | 384 | ||||||
6.38%, 08/12/2014 | 310 | 348 | ||||||
6.50%, 08/19/2013 | 110 | 123 | ||||||
8.13%, 07/15/2039 | 100 | 126 | ||||||
8.50%, 05/22/2019 | 550 | 691 |
Transamerica Funds | Annual Report 2010 |
Page 92
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
Diversified Financial Services (continued) | ||||||||
CME Group, Inc. | ||||||||
5.75%, 02/15/2014 | $ | 196 | $ | 223 | ||||
Countrywide Financial Corp. | ||||||||
6.25%, 05/15/2016 | 550 | 587 | ||||||
Diageo Capital PLC | ||||||||
4.83%, 07/15/2020 | 90 | 101 | ||||||
5.75%, 10/23/2017 | 230 | 272 | ||||||
Diageo Finance BV | ||||||||
5.50%, 04/01/2013 | 290 | 321 | ||||||
General Electric Capital Corp. | ||||||||
4.38%, 09/16/2020 | 600 | 605 | ||||||
5.40%, 02/15/2017 ^ | 400 | 442 | ||||||
5.50%, 06/04/2014 ^ | 685 | 768 | ||||||
5.50%, 01/08/2020 ^ | 1,140 | 1,255 | ||||||
5.63%, 05/01/2018 | 2,000 | 2,234 | ||||||
5.63%, 09/15/2017 | 1,500 | 1,681 | ||||||
6.00%, 08/07/2019 | 1,420 | 1,603 | ||||||
Goldman Sachs Group, LP | ||||||||
8.00%, 03/01/2013 - 144A | 325 | 367 | ||||||
International Lease Finance Corp. | ||||||||
5.25%, 01/10/2013 ^ | 100 | 101 | ||||||
John Deere Capital Corp. | ||||||||
5.75%, 09/10/2018 | 100 | 118 | ||||||
MassMutual Global Funding II | ||||||||
2.88%, 04/21/2014 - 144A | 100 | 106 | ||||||
3.63%, 07/16/2012 - 144A | 600 | 626 | ||||||
Merrill Lynch & Co., Inc. | ||||||||
5.00%, 01/15/2015 | 650 | 683 | ||||||
5.45%, 02/05/2013 | 390 | 415 | ||||||
6.88%, 04/25/2018 | 100 | 112 | ||||||
Merrill Lynch & Co., Inc. — Series C | ||||||||
6.40%, 08/28/2017 | 850 | 926 | ||||||
National Rural Utilities Cooperative Finance Corp. | ||||||||
2.63%, 09/16/2012 | 25 | 26 | ||||||
10.38%, 11/01/2018 | 250 | 357 | ||||||
Tyco International Finance SA | ||||||||
8.50%, 01/15/2019 | 100 | 132 | ||||||
Volkswagen International Finance NV | ||||||||
1.63%, 08/12/2013 - 144A | 116 | 117 | ||||||
Diversified Telecommunication Services - 0.8% | ||||||||
AT&T Corp. | ||||||||
8.00%, 11/15/2031 | 27 | 35 | ||||||
AT&T, Inc. | ||||||||
5.35%, 09/01/2040 - 144A | 898 | 881 | ||||||
5.50%, 02/01/2018 | 300 | 349 | ||||||
5.88%, 02/01/2012 | 400 | 425 | ||||||
6.30%, 01/15/2038 | 500 | 550 | ||||||
BellSouth Telecommunications, Inc. | ||||||||
6.30%, 12/15/2015 | 163 | 178 | ||||||
7.00%, 10/01/2025 | 300 | 339 | ||||||
British Telecommunications PLC | ||||||||
5.95%, 01/15/2018 | 200 | 223 | ||||||
COX Enterprises, Inc. | ||||||||
7.38%, 07/15/2027 - 144A | 200 | 230 | ||||||
Deutsche Telekom International Finance BV | ||||||||
6.00%, 07/08/2019 ^ | 395 | 473 | ||||||
France Telecom SA | ||||||||
8.50%, 03/01/2031 | 130 | 183 | ||||||
GTE Corp. | ||||||||
6.84%, 04/15/2018 | 1,500 | 1,781 | ||||||
8.75%, 11/01/2021 | 250 | 352 | ||||||
Telecom Italia Capital SA | ||||||||
4.95%, 09/30/2014 | 250 | 270 | ||||||
7.00%, 06/04/2018 | 250 | 297 | ||||||
Telefonica Emisiones SAU | ||||||||
6.22%, 07/03/2017 ^ | 150 | 176 | ||||||
Verizon Communications, Inc. | ||||||||
6.10%, 04/15/2018 | 411 | 489 | ||||||
Verizon Global Funding Corp. | ||||||||
5.85%, 09/15/2035 ^ | 175 | 186 | ||||||
7.75%, 12/01/2030 | 300 | 379 | ||||||
Verizon Maryland, Inc. | ||||||||
7.15%, 05/01/2023 | 600 | 639 | ||||||
Verizon Pennsylvania, Inc. | ||||||||
8.35%, 12/15/2030 | 240 | 275 | ||||||
Electric Utilities - 0.9% | ||||||||
Alabama Power Co. | ||||||||
5.88%, 12/01/2022 | 370 | 441 | ||||||
Appalachian Power Co. | ||||||||
5.95%, 05/15/2033 | 50 | 51 | ||||||
Carolina Power & Light Co. | ||||||||
5.30%, 01/15/2019 | 80 | 93 | ||||||
Cleveland Electric Illuminating Co. | ||||||||
7.88%, 11/01/2017 | 180 | 224 | ||||||
Consolidated Edison Co., of New York, Inc. | ||||||||
5.70%, 06/15/2040 ^ | 154 | 167 | ||||||
Consumers Energy Co. | ||||||||
6.70%, 09/15/2019 | 100 | 124 | ||||||
Duke Energy Carolinas LLC | ||||||||
4.30%, 06/15/2020 | 156 | 170 | ||||||
Duke Energy Indiana, Inc. | ||||||||
3.75%, 07/15/2020 | 200 | 206 | ||||||
Enel Finance International SA | ||||||||
5.13%, 10/07/2019 - 144A | 200 | 217 | ||||||
Exelon Generation Co., LLC | ||||||||
4.00%, 10/01/2020 | 600 | 596 | ||||||
5.75%, 10/01/2041 | 86 | 84 | ||||||
Florida Power & Light Co. | ||||||||
5.95%, 10/01/2033 | 150 | 167 | ||||||
Georgia Power Co. | ||||||||
4.75%, 09/01/2040 | 77 | 72 | ||||||
Indiana Michigan Power Co. | ||||||||
7.00%, 03/15/2019 ^ | 338 | 413 | ||||||
Jersey Central Power & Light Co. | ||||||||
7.35%, 02/01/2019 | 330 | 408 | ||||||
Massachusetts Electric Co. | ||||||||
5.90%, 11/15/2039 - 144A | 55 | 60 | ||||||
MidAmerican Energy, Co. | ||||||||
5.30%, 03/15/2018 ^ | 500 | 570 | ||||||
Nevada Power Co. — Series V | ||||||||
7.13%, 03/15/2019 | 100 | 124 | ||||||
Nevada Power Co. | ||||||||
5.38%, 09/15/2040 ^ | 52 | 52 | ||||||
6.50%, 08/01/2018 | 50 | 60 | ||||||
Niagara Mohawk Power Corp. | ||||||||
4.88%, 08/15/2019 - 144A | 50 | 55 | ||||||
NiSource Finance Corp. | ||||||||
6.80%, 01/15/2019 | 200 | 237 | ||||||
10.75%, 03/15/2016 | 485 | 649 |
Transamerica Funds | Annual Report 2010 |
Page 93
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
Electric Utilities (continued) | ||||||||
Northern States Power Co. | ||||||||
5.35%, 11/01/2039 | $ | 19 | $ | 20 | ||||
6.25%, 06/01/2036 | 100 | 118 | ||||||
Oncor Electric Delivery Co., LLC | ||||||||
6.80%, 09/01/2018 | 375 | 458 | ||||||
Pacific Gas & Electric Co. | ||||||||
5.40%, 01/15/2040 ^ | 42 | 44 | ||||||
6.05%, 03/01/2034 | 60 | 67 | ||||||
8.25%, 10/15/2018 ^ | 150 | 202 | ||||||
PacifiCorp | ||||||||
5.65%, 07/15/2018 | 100 | 119 | ||||||
6.25%, 10/15/2037 | 200 | 234 | ||||||
Progress Energy, Inc. | ||||||||
4.88%, 12/01/2019 | 200 | 220 | ||||||
6.00%, 12/01/2039 | 50 | 55 | ||||||
PSEG Power LLC | ||||||||
5.13%, 04/15/2020 | 151 | 165 | ||||||
5.32%, 09/15/2016 | 800 | 898 | ||||||
5.50%, 12/01/2015 | 100 | 114 | ||||||
Public Service Co., of Oklahoma | ||||||||
5.15%, 12/01/2019 | 33 | 36 | ||||||
Public Service Electric & Gas Co. | ||||||||
2.70%, 05/01/2015 | 150 | 157 | ||||||
5.38%, 11/01/2039 | 28 | 30 | ||||||
Southern California Edison Co. | ||||||||
5.50%, 03/15/2040 ^ | 130 | 140 | ||||||
Southwestern Public Service Co. — Series G | ||||||||
8.75%, 12/01/2018 | 405 | 520 | ||||||
Electronic Equipment & Instruments - 0.1% | ||||||||
Arrow Electronics, Inc. | ||||||||
3.38%, 11/01/2015 | 35 | 35 | ||||||
6.00%, 04/01/2020 | 385 | 413 | ||||||
6.88%, 07/01/2013 - 06/01/2018 | 292 | 328 | ||||||
Energy Equipment & Services - 0.3% | ||||||||
ANR Pipeline Co. | ||||||||
9.63%, 11/01/2021 | 200 | 292 | ||||||
CenterPoint Energy Resources Corp. | ||||||||
5.95%, 01/15/2014 | 150 | 168 | ||||||
7.88%, 04/01/2013 | 60 | 69 | ||||||
Halliburton Co. | ||||||||
6.15%, 09/15/2019 ^ | 70 | 84 | ||||||
Spectra Energy Capital LLC | ||||||||
6.20%, 04/15/2018 | 325 | 375 | ||||||
8.00%, 10/01/2019 ^ | 490 | 619 | ||||||
TransCanada PipeLines, Ltd | ||||||||
7.13%, 01/15/2019 ^ | 400 | 512 | ||||||
TransCanada Pipelines, Ltd. | ||||||||
6.50%, 08/15/2018 | 175 | 215 | ||||||
Transocean, Inc. | ||||||||
6.50%, 11/15/2020 | 500 | 557 | ||||||
Food & Staples Retailing - 0.0% ∞ | ||||||||
CVS Caremark Corp. | ||||||||
6.13%, 09/15/2039 | 150 | 161 | ||||||
Kroger Co. | ||||||||
5.40%, 07/15/2040 | 51 | 51 | ||||||
7.50%, 04/01/2031 | 100 | 126 | ||||||
Food Products - 0.3% | ||||||||
Bunge, Ltd. Finance Corp. | ||||||||
5.88%, 05/15/2013 | 400 | 433 | ||||||
8.50%, 06/15/2019 | 110 | 134 | ||||||
Cargill, Inc. | ||||||||
6.00%, 11/27/2017 - 144A | 220 | 260 | ||||||
7.35%, 03/06/2019 - 144A | 250 | 314 | ||||||
Kraft Foods, Inc. | ||||||||
5.38%, 02/10/2020 | 609 | 683 | ||||||
6.13%, 08/23/2018 | 225 | 266 | ||||||
6.50%, 08/11/2017 | 875 | 1,053 | ||||||
Gas Utilities - 0.1% | ||||||||
AGL Capital Corp. | ||||||||
4.45%, 04/15/2013 | 300 | 321 | ||||||
5.25%, 08/15/2019 | 100 | 110 | ||||||
Atmos Energy Corp. | ||||||||
4.95%, 10/15/2014 | 200 | 221 | ||||||
Health Care Providers & Services - 0.0% ∞ | ||||||||
Medco Health Solutions, Inc. | ||||||||
2.75%, 09/15/2015 | 140 | 144 | ||||||
Household Durables - 0.0% ∞ | ||||||||
Newell Rubbermaid, Inc. | ||||||||
4.70%, 08/15/2020 ^ | 183 | 190 | ||||||
Independent Power Producers & Energy Traders - 0.0% ∞ | ||||||||
Tennessee Valley Authority | ||||||||
4.63%, 09/15/2060 | 236 | 237 | ||||||
Industrial Conglomerates - 0.1% | ||||||||
Koninklijke Philips Electronics NV | ||||||||
7.20%, 06/01/2026 | 500 | 619 | ||||||
Insurance - 0.6% | ||||||||
ACE INA Holdings, Inc. | ||||||||
5.60%, 05/15/2015 | 425 | 484 | ||||||
Aflac, Inc. | ||||||||
6.45%, 08/15/2040 | 108 | 110 | ||||||
Allstate Corp. | ||||||||
5.00%, 08/15/2014 | 70 | 78 | ||||||
AON Corp. | ||||||||
3.50%, 09/30/2015 ^ | 46 | 47 | ||||||
6.25%, 09/30/2040 | 83 | 84 | ||||||
Berkshire Hathaway Finance Corp. | ||||||||
5.40%, 05/15/2018 ^ | 200 | 228 | ||||||
5.75%, 01/15/2040 | 100 | 105 | ||||||
I Financial Corp. | ||||||||
5.85%, 12/15/2014 | 200 | 215 | ||||||
5.88%, 08/15/2020 | 282 | 288 | ||||||
Jackson National Life Global Funding | ||||||||
5.38%, 05/08/2013 - 144A | 950 | 1,032 | ||||||
Metropolitan Life Global Funding I | ||||||||
2.50%, 01/11/2013 - 144A | 670 | 688 | ||||||
2.88%, 09/17/2012 - 144A | 200 | 206 | ||||||
5.13%, 06/10/2014 - 144A | 300 | 334 | ||||||
New York Life Global Funding | ||||||||
3.00%, 05/04/2015 - 144A | 600 | 635 | ||||||
4.65%, 05/09/2013 - 144A | 150 | 163 | ||||||
Pacific Life Global Funding | ||||||||
5.00%, 05/15/2017 - 144A | 100 | 107 | ||||||
5.15%, 04/15/2013 - 144A ^ | 280 | 303 | ||||||
Principal Life Income Funding Trusts | ||||||||
5.10%, 04/15/2014 | 385 | 422 | ||||||
5.30%, 04/24/2013 | 250 | 274 | ||||||
5.30%, 12/14/2012 | 260 | 283 | ||||||
Travelers Property Casualty Corp. | ||||||||
7.75%, 04/15/2026 | 450 | 568 | ||||||
IT Services - 0.0% ∞ | ||||||||
International Business Machines Corp. | ||||||||
8.00%, 10/15/2038 | 100 | 141 |
Transamerica Funds | Annual Report 2010 |
Page 94
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
Machinery - 0.0% ∞ | ||||||||
Caterpillar, Inc. | ||||||||
7.90%, 12/15/2018 ^ | $ | 250 | $ | 332 | ||||
Media - 0.7% | ||||||||
CBS Corp. | ||||||||
5.75%, 04/15/2020 ^ | 63 | 70 | ||||||
7.88%, 07/30/2030 | 130 | 153 | ||||||
8.88%, 05/15/2019 | 100 | 130 | ||||||
Comcast Cable Holdings LLC | ||||||||
10.13%, 04/15/2022 | 414 | 593 | ||||||
Comcast Corp. | ||||||||
5.85%, 11/15/2015 | 300 | 351 | ||||||
COX Communications, Inc. | ||||||||
5.45%, 12/15/2014 | 50 | 57 | ||||||
DIRECTV Holdings LLC | ||||||||
4.60%, 02/15/2021 ^ | 400 | 414 | ||||||
6.00%, 08/15/2040 | 700 | 713 | ||||||
Historic TW, Inc. | ||||||||
9.15%, 02/01/2023 | 200 | 272 | ||||||
NBC Universal, Inc. | ||||||||
5.95%, 04/01/2041 - 144A | 210 | 214 | ||||||
News America Holdings, Inc. | ||||||||
8.88%, 04/26/2023 | 200 | 275 | ||||||
News America, Inc. | ||||||||
6.20%, 12/15/2034 | 250 | 265 | ||||||
7.25%, 05/18/2018 ^ | 155 | 193 | ||||||
7.30%, 04/30/2028 | 130 | 147 | ||||||
TCI Communications, Inc. | ||||||||
7.13%, 02/15/2028 | 100 | 115 | ||||||
8.75%, 08/01/2015 | 700 | 890 | ||||||
Thomson Reuters Corp. | ||||||||
4.70%, 10/15/2019 | 75 | 81 | ||||||
Time Warner Cable, Inc. | ||||||||
6.75%, 07/01/2018 | 40 | 48 | ||||||
7.30%, 07/01/2038 | 90 | 109 | ||||||
8.25%, 02/14/2014 | 400 | 478 | ||||||
8.25%, 04/01/2019 ^ | 530 | 690 | ||||||
8.75%, 02/14/2019 | 230 | 306 | ||||||
Time Warner Entertainment Co., LP | ||||||||
8.38%, 07/15/2033 | 250 | 316 | ||||||
Time Warner, Inc. | ||||||||
6.20%, 03/15/2040 | 100 | 108 | ||||||
7.63%, 04/15/2031 | 300 | 365 | ||||||
Viacom, Inc. | ||||||||
6.25%, 04/30/2016 | 300 | 355 | ||||||
Metals & Mining - 0.1% | ||||||||
BHP Billiton Finance USA, Ltd. | ||||||||
6.50%, 04/01/2019 ^ | 270 | 335 | ||||||
Rio Tinto Finance USA, Ltd. | ||||||||
3.70%, 10/31/2020 θ | 80 | 79 | ||||||
8.95%, 05/01/2014 | 400 | 500 | ||||||
Multiline Retail - 0.0% ∞ | ||||||||
Target Corp. | ||||||||
7.00%, 01/15/2038 | 140 | 175 | ||||||
Multi-Utilities - 0.1% | ||||||||
Dominion Resources, Inc. | ||||||||
6.00%, 11/30/2017 | 450 | 530 | ||||||
6.40%, 06/15/2018 | 170 | 205 | ||||||
Sempra Energy | ||||||||
6.00%, 10/15/2039 | 150 | 164 | ||||||
8.90%, 11/15/2013 | 180 | 216 | ||||||
9.80%, 02/15/2019 | 140 | 195 | ||||||
Xcel Energy, Inc. | ||||||||
4.70%, 05/15/2020 | 50 | 55 | ||||||
Office Electronics - 0.0% ∞ | ||||||||
Xerox Corp. | ||||||||
6.75%, 02/01/2017 ^ | 330 | 392 | ||||||
8.25%, 05/15/2014 | 90 | 108 | ||||||
Oil, Gas & Consumable Fuels - 0.6% | ||||||||
Alberta Energy Co., Ltd. | ||||||||
7.38%, 11/01/2031 | 500 | 604 | ||||||
Anadarko Petroleum Corp. | ||||||||
7.63%, 03/15/2014 | 400 | 455 | ||||||
8.70%, 03/15/2019 ^ | 150 | 186 | ||||||
ConocoPhillips | ||||||||
6.00%, 01/15/2020 | 105 | 129 | ||||||
6.65%, 07/15/2018 ^ | 350 | 437 | ||||||
EnCana Corp. | ||||||||
6.50%, 05/15/2019 ^ | 150 | 185 | ||||||
ENI SpA | ||||||||
5.70%, 10/01/2040 - 144A | 900 | 923 | ||||||
Marathon Oil Corp. | ||||||||
7.50%, 02/15/2019 | 220 | 283 | ||||||
Petro-Canada | ||||||||
6.05%, 05/15/2018 | 312 | 368 | ||||||
Shell International Finance BV | ||||||||
3.10%, 06/28/2015 | 478 | 507 | ||||||
4.30%, 09/22/2019 | 300 | 329 | ||||||
4.38%, 03/25/2020 ^ | 410 | 451 | ||||||
Statoil ASA | ||||||||
3.13%, 08/17/2017 | 200 | 205 | ||||||
Suncor Energy, Inc. | ||||||||
6.10%, 06/01/2018 | 250 | 296 | ||||||
Talisman Energy, Inc. | ||||||||
7.75%, 06/01/2019 | 385 | 498 | ||||||
Tosco Corp. | ||||||||
7.80%, 01/01/2027 | 160 | 199 | ||||||
8.13%, 02/15/2030 | 230 | 305 | ||||||
Union Pacific Resources Group, Inc. | ||||||||
7.15%, 05/15/2028 ^ | 52 | 52 | ||||||
XTO Energy, Inc. | ||||||||
4.63%, 06/15/2013 | 60 | 66 | ||||||
6.25%, 08/01/2017 | 105 | 129 | ||||||
Pharmaceuticals - 0.0% ∞ | ||||||||
Pharmacia Corp. | ||||||||
6.50%, 12/01/2018 | 260 | 322 | ||||||
Real Estate Investment Trusts - 0.2% | ||||||||
Commonwealth | ||||||||
5.88%, 09/15/2020 | 400 | 400 | ||||||
6.25%, 08/15/2016 | 100 | 106 | ||||||
6.65%, 01/15/2018 | 215 | 233 | ||||||
ERP Operating, LP | ||||||||
5.75%, 06/15/2017 | 120 | 135 | ||||||
Simon Property Group, LP | ||||||||
4.38%, 03/01/2021 | 60 | 61 | ||||||
5.65%, 02/01/2020 ^ | 247 | 279 | ||||||
6.13%, 05/30/2018 | 280 | 324 | ||||||
6.75%, 05/15/2014 ^ | 50 | 58 | ||||||
10.35%, 04/01/2019 | 120 | 170 | ||||||
WEA Finance LLC | ||||||||
6.75%, 09/02/2019 - 144A | 180 | 212 | ||||||
7.13%, 04/15/2018 - 144A | 60 | 71 |
Transamerica Funds | Annual Report 2010 |
Page 95
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts except share amounts in thousands)
Principal | Value | |||||||
Road & Rail - 0.3% | ||||||||
Burlington Northern Santa Fe LLC | ||||||||
3.60%, 09/01/2020 ^ | $ | 125 | $ | 126 | ||||
4.70%, 10/01/2019 | 75 | 82 | ||||||
5.65%, 05/01/2017 | 150 | 173 | ||||||
5.75%, 03/15/2018 ^ | 500 | 580 | ||||||
7.29%, 06/01/2036 ^ | 90 | 112 | ||||||
Canadian National Railway Co. | ||||||||
5.85%, 11/15/2017 | 180 | 212 | ||||||
CSX Corp. | ||||||||
6.25%, 04/01/2015 | 125 | 147 | ||||||
6.25%, 03/15/2018 ^ | 160 | 190 | ||||||
7.38%, 02/01/2019 | 350 | 440 | ||||||
Ryder System, Inc. | ||||||||
3.60%, 03/01/2016 | 132 | 135 | ||||||
Union Pacific Corp. | ||||||||
5.78%, 07/15/2040 - 144A | 300 | 315 | ||||||
7.00%, 02/01/2016 | 150 | 184 | ||||||
Software - 0.1% | ||||||||
Intuit, Inc. | ||||||||
5.75%, 03/15/2017 | 70 | 79 | ||||||
Microsoft Corp. | ||||||||
1.63%, 09/25/2015 | 390 | 391 | ||||||
4.50%, 10/01/2040 | 70 | 67 | ||||||
Oracle Corp. | ||||||||
5.00%, 07/08/2019 ^ | 100 | 114 | ||||||
5.38%, 07/15/2040 - 144A | 123 | 129 | ||||||
6.50%, 04/15/2038 | 200 | 241 | ||||||
Specialty Retail - 0.0% ∞ | ||||||||
Lowe’s Cos., Inc. | ||||||||
7.11%, 05/15/2037 | 120 | 152 | ||||||
Staples, Inc. | ||||||||
9.75%, 01/15/2014 | 80 | 99 | ||||||
Transportation Infrastructure - 0.0% ∞ | ||||||||
United Parcel Service of America, Inc. | ||||||||
8.38%, 04/01/2030 * | 200 | 267 | ||||||
8.38%, 04/01/2020 | 60 | 84 | ||||||
Water Utilities - 0.0% ∞ | ||||||||
American Water Capital Corp. | ||||||||
6.09%, 10/15/2017 | 400 | 463 | ||||||
Wireless Telecommunication Services - 0.0% ∞ | ||||||||
Vodafone Group PLC | ||||||||
5.45%, 06/10/2019 ^ | 75 | 88 | ||||||
Total Corporate Debt Securities (cost $128,167) | 134,513 | |||||||
Shares | Value | |||||||
SECURITIES LENDING COLLATERAL - 7.1% | ||||||||
State Street Navigator Securities Lending | ||||||||
Trust — Prime Portfolio, 0.35% ▲ | 75,683,745 | 75,684 | ||||||
Total Securities Lending Collateral (cost $75,684) | ||||||||
Total Investment Securities (cost $1,097,429) # | 1,136,026 | |||||||
Other Assets and Liabilities — Net | (72,568 | ) | ||||||
Net Assets | $ | 1,063,458 | ||||||
^ | All or a portion of this security is on loan. The value of all securities on loan is $74,165. | |
* | Floating or variable rate note. Rate is listed as of 10/29/2010. | |
Ә | Security fair valued as determined in good faith in accordance with procedures established by the Board of Trustees. This security had a market value of $1,651, or 0.16%, of the fund’s net assets. | |
∞ | Percentage rounds to less than 0.1%. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
# | Aggregate cost for federal income tax purposes is $1,097,429. Aggregate gross unrealized appreciation for all securities in which there is an excess of value over tax cost were $40,822 and $2,225, respectively. Net unrealized appreciation for tax purposes is $38,597. |
144A | 144A Securities are registered pursuant to Rule 144A of the Securities Act of 1933. These securities are deemed to be liquid for purposes of compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At 10/31/2010, these securities aggregated $60,316, or 5.67%, of the fund’s net assets. | |
IO | Interest Only | |
PO | Principal Only | |
REMIC | Real Estate Mortgage Investment Conduits (consist of a fixed pool of mortgages broken apart and marketed to investors as individual securities) | |
STRIPS | Separate Trading of Registered Interest and Principal of Securities |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Asset-Backed Securities | $ | — | $ | 18,210 | $ | — | $ | 18,210 | ||||||||
Corporate Debt Securities | — | 134,513 | — | 134,513 | ||||||||||||
Foreign Government Obligations | — | 1,766 | — | 1,766 | ||||||||||||
Mortgage-Backed Securities | — | 108,510 | — | 108,510 | ||||||||||||
Municipal Government Obligations | — | 548 | — | 548 | ||||||||||||
Securities Lending Collateral | 75,684 | — | — | 75,684 | ||||||||||||
U.S. Government Agency Obligations | — | 530,180 | — | 530,180 | ||||||||||||
U.S. Government Obligations | — | 266,615 | — | 266,615 | ||||||||||||
Total | $ | 75,684 | $ | 1,060,342 | $ | — | $ | 1,136,026 | ||||||||
Transamerica Funds | Annual Report 2010 |
Page 96
Table of Contents
SCHEDULE OF INVESTMENTS
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||||||
FOREIGN GOVERNMENT OBLIGATIONS - 66.3% | ||||||||||||
Australia - 0.7% | ||||||||||||
New South Wales Treasury Corp. | ||||||||||||
5.50%, 03/01/2017 | AUD | 3,100 | $ | 3,036 | ||||||||
Belgium - 3.2% | ||||||||||||
Belgium Government Bond | ||||||||||||
4.00%, 03/28/2018 | EUR | 9,600 | 14,296 | |||||||||
Brazil - 0.7% | ||||||||||||
Brazil Notas do Tesouro Nacional | ||||||||||||
10.00%, 01/01/2013 | BRL | 5,480 | 3,110 | |||||||||
Canada - 1.5% | ||||||||||||
Canadian Government Bond | ||||||||||||
2.50%, 06/01/2015 | CAD | 3,800 | 3,828 | |||||||||
5.00%, 06/01/2037 | CAD | 890 | 1,107 | |||||||||
5.75%, 06/01/2033 | CAD | 1,413 | 1,889 | |||||||||
Denmark - 1.3% | ||||||||||||
Denmark Government Bond | ||||||||||||
4.00%, 11/15/2019 | DKK | 10,150 | 2,114 | |||||||||
5.00%, 11/15/2013 | DKK | 19,000 | 3,914 | |||||||||
France - 4.0% | ||||||||||||
Caisse d’Amortissement de la Dette Sociale | ||||||||||||
3.75%, 10/25/2020 | EUR | 3,020 | 4,453 | |||||||||
France Government Bond | ||||||||||||
5.75%, 10/25/2032 | EUR | 6,950 | 13,254 | |||||||||
Germany - 1.8% | ||||||||||||
Bundesrepublik Deutschland | ||||||||||||
3.50%, 07/04/2019 | EUR | 1,800 | 2,714 | |||||||||
4.75%, 07/04/2034 | EUR | 2,930 | 5,195 | |||||||||
Indonesia - 0.6% | ||||||||||||
Indonesia Treasury Bond | ||||||||||||
11.50%, 09/15/2019 | IDR | 20,500,000 | 2,899 | |||||||||
Italy - 11.0% | ||||||||||||
Italy Buoni Poliennali del Tesoro | ||||||||||||
4.00%, 09/01/2020 - 02/01/2037 | EUR | 7,750 | 10,556 | |||||||||
4.25%, 08/01/2014 | EUR | 8,000 | 11,792 | |||||||||
5.00%, 08/01/2034 | EUR | 5,360 | 7,794 | |||||||||
5.25%, 08/01/2017 | EUR | 12,300 | 19,145 | |||||||||
Japan - 24.5% | ||||||||||||
Japan Government Bond | ||||||||||||
1.30%, 03/20/2015 | JPY | 3,950,000 | 51,246 | |||||||||
1.50%, 09/20/2018 | JPY | 920,000 | 12,208 | |||||||||
1.90%, 06/20/2025 | JPY | 170,000 | 2,231 | |||||||||
2.10%, 09/20/2024 - 09/20/2028 | JPY | 2,505,000 | 33,133 | |||||||||
2.20%, 09/20/2039 | JPY | 780,000 | 10,166 | |||||||||
Korea, Republic of - 1.5% | ||||||||||||
Korea Treasury Bond | ||||||||||||
4.00%, 06/10/2012 | KRW | 4,600,000 | 4,148 | |||||||||
Republic of Korea | ||||||||||||
5.75%, 09/10/2013 | KRW | 2,900,000 | 2,727 | |||||||||
Mexico - 1.5% | ||||||||||||
Mexican Bonos | ||||||||||||
8.00%, 12/19/2013 | MXN | 76,200 | 6,690 | |||||||||
Netherlands - 2.5% | ||||||||||||
Netherlands Government Bond | ||||||||||||
3.75%, 01/15/2042 | EUR | 2,870 | 4,495 | |||||||||
4.25%, 07/15/2013 | EUR | 4,400 | 6,616 | |||||||||
Norway - 1.0% | ||||||||||||
Kommunalbanken AS | ||||||||||||
4.88%, 12/10/2012 | GBP | 2,500 | 4,277 | |||||||||
Philippines - 1.0% | ||||||||||||
Republic of The Philippines | ||||||||||||
8.75%, 03/03/2013 | PHP | 185,000 | 4,685 | |||||||||
South Africa - 1.2% | ||||||||||||
Republic of South Africa | ||||||||||||
7.00%, 02/28/2031 | ZAR | 43,800 | 5,581 | |||||||||
Spain - 4.2% | ||||||||||||
Spain Government Bond | ||||||||||||
4.25%, 01/31/2014 | EUR | 7,100 | 10,366 | |||||||||
4.60%, 07/30/2019 | EUR | 3,240 | 4,682 | |||||||||
4.90%, 07/30/2040 | EUR | 2,580 | 3,540 | |||||||||
Sweden - 1.0% | ||||||||||||
Sweden Government Bond | ||||||||||||
4.50%, 08/12/2015 | SEK | 28,000 | 4,603 | |||||||||
United Kingdom - 3.1% | ||||||||||||
United Kingdom Gilt | ||||||||||||
4.25%, 06/07/2032 | GBP | 3,600 | 5,924 | |||||||||
4.50%, 12/07/2042 | GBP | 4,620 | 7,837 | |||||||||
Total Foreign Government Obligations (cost $267,396) | 296,251 | |||||||||||
MORTGAGE-BACKED SECURITY - 1.0% | ||||||||||||
Spain - 1.0% | ||||||||||||
Union de Creditos Inmobiliarios | ||||||||||||
Series 15, Class A | ||||||||||||
1.02%, 12/18/2048 § * | EUR | 3,939 | 4,310 | |||||||||
Total Mortgage-Backed Security (cost $5,314) | ||||||||||||
ASSET-BACKED SECURITY - 0.0% ∞ | ||||||||||||
Spain - 0.0% ∞ | ||||||||||||
Fondo de Titulizacion de Activos Santander Auto | ||||||||||||
Series 1, Class A | ||||||||||||
0.95%, 11/25/2021 § * | EUR | 119 | 163 | |||||||||
Total Asset-Backed Security (cost $151) | ||||||||||||
CORPORATE DEBT SECURITIES - 28.8% | ||||||||||||
Australia - 0.5% | ||||||||||||
Suncorp-Metway, Ltd. | ||||||||||||
4.00%, 01/16/2014 | GBP | 1,290 | 2,210 | |||||||||
Denmark - 0.7% | ||||||||||||
Spar Nord Bank A/S | ||||||||||||
2.50%, 07/10/2012 | EUR | 2,280 | 3,216 | |||||||||
France - 2.1% | ||||||||||||
Cie de Financement Foncier | ||||||||||||
1.25%, 12/01/2011 | JPY | 750,000 | 9,365 | |||||||||
Germany - 8.4% | ||||||||||||
Bayerische Landesbank | ||||||||||||
1.40%, 04/22/2013 | JPY | 1,008,000 | 12,756 | |||||||||
Eurohypo AG | ||||||||||||
3.75%, 04/11/2011 | EUR | 8,800 | 12,377 | |||||||||
IKB Deutsche Industriebank AG | ||||||||||||
2.63%, 03/13/2012 | EUR | 3,419 | 4,848 | |||||||||
Kreditanstalt fuer Wiederaufbau | ||||||||||||
2.60%, 06/20/2037 | JPY | 170,000 | 2,358 | |||||||||
5.50%, 12/07/2015 | GBP | 2,150 | 3,986 | |||||||||
Landwirtschaftliche Rentenbank | ||||||||||||
1.38%, 04/25/2013 | JPY | 101,000 | 1,288 | |||||||||
Ireland - 1.2% | ||||||||||||
Ulster Bank Finance PLC | ||||||||||||
0.97%, 03/29/2011 * | EUR | 4,000 | 5,530 |
Transamerica Funds | Annual Report 2010 |
Page 97
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||||||
Netherlands - 2.7% | ||||||||||||
Fortis Bank Nederland NV | ||||||||||||
3.38%, 05/19/2014 | EUR | 3,200 | $ | 4,675 | ||||||||
LeasePlan Corp. NV | ||||||||||||
3.25%, 05/22/2014 | EUR | 4,950 | 7,190 | |||||||||
Spain - 4.2% | ||||||||||||
AyT Cedulas Cajas VII Fondo de Titulizacion de Activos | ||||||||||||
4.00%, 06/23/2011 | EUR | 9,200 | 12,844 | |||||||||
La Caja de Ahorros y Pensiones de Barcelona | ||||||||||||
3.25%, 10/05/2015 | EUR | 2,400 | 3,228 | |||||||||
Santander Central Hispano Issuances, Ltd. | ||||||||||||
6.80%, 11/29/2010 | GBP | 1,790 | 2,877 | |||||||||
Supranational - 4.8% | ||||||||||||
European Investment Bank | ||||||||||||
1.40%, 06/20/2017 | JPY | 946,000 | 12,408 | |||||||||
4.25%, 10/15/2014 | EUR | 5,900 | 8,962 | |||||||||
Sweden - 1.1% | ||||||||||||
Swedbank AB | ||||||||||||
3.13%, 02/02/2012 | EUR | 3,500 | 4,977 | |||||||||
United Kingdom - 3.1% | ||||||||||||
Bank of Scotland PLC | ||||||||||||
3.25%, 01/25/2013 | EUR | 3,200 | 4,519 | |||||||||
Lloyds TSB Bank PLC | ||||||||||||
3.75%, 11/17/2011 | EUR | 3,285 | 4,693 | |||||||||
Royal Bank of Scotland Group PLC | ||||||||||||
3.75%, 11/14/2011 | EUR | 3,130 | 4,462 | |||||||||
Total Corporate Debt Securities (cost $110,270) | 128,769 | |||||||||||
STRUCTURED NOTE DEBT - 1.2% | ||||||||||||
United Kingdom - 1.2% | ||||||||||||
Barclays Bank PLC | ||||||||||||
1.18%, 04/20/2016 * | EUR | 4,000 | 5,487 | |||||||||
Total Structured Note Debt (cost $5,045) | ||||||||||||
SHORT-TERM FOREIGN GOVERNMENT OBLIGATION - 0.3% | ||||||||||||
France Treasury Bill BTF | ||||||||||||
0.73%, 03/10/2011 ▲ Υ | $ | 1,003 | 1,393 | |||||||||
Total Short-Term Foreign Government Obligation (cost $1,297) | ||||||||||||
Total Investment Securities (cost $389,473) # | 436,373 | |||||||||||
Other Assets and Liabilities — Net | 10,768 | |||||||||||
Net Assets | $ | 447,141 | ||||||||||
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited): | Total Investments | Value | ||||||
Foreign Government Obligation | 67.9 | % | $ | 296,251 | ||||
Commercial Banks | 22.8 | 99,635 | ||||||
Diversified Financial Services | 4.6 | 20,034 | ||||||
Thrifts & Mortgage Finance | 2.8 | 12,377 | ||||||
Mortgage-Backed Security | 1.0 | 4,310 | ||||||
Insurance | 0.5 | 2,210 | ||||||
Asset-Backed Security | 0.0 | 163 | ||||||
Investment Securities, at Value | 99.7 | 434,980 | ||||||
Short-Term Investments | 0.3 | 1,393 | ||||||
Total Investments | 100.0 | % | $ | 436,373 | ||||
Net Unrealized | ||||||||||||||||
Appreciation | ||||||||||||||||
Description | Type | Contracts ┌ | Expiration Date | (Depreciation) | ||||||||||||
10-Year Canada Government Bond | Long | 23 | 12/20/2010 | $ | (10 | ) | ||||||||||
10-Year Japan Government Bond | Long | 23 | 12/09/2010 | 511 | ||||||||||||
3-Year Australian Treasury Bond | Long | 4 | 12/15/2010 | (2 | ) | |||||||||||
German Euro BOBL | Short | (287 | ) | 12/08/2010 | 468 | |||||||||||
German Euro BUND | Long | 49 | 12/08/2010 | (87 | ) | |||||||||||
German Euro SCHATZ | Short | (10 | ) | 12/08/2010 | 8 | |||||||||||
United Kingdom Long Gilt Bond | Long | 157 | 12/29/2010 | (169 | ) | |||||||||||
$ | 719 | |||||||||||||||
Transamerica Funds | Annual Report 2010 |
Page 98
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Net Unrealized | ||||||||||||
Settlement | Appreciation | |||||||||||
Bought/Sold | Currency | Amount | Date | (Depreciation) | ||||||||
Buy | Australian Dollar | 3,273 | 12/08/2010 | $ | (28 | ) | ||||||
Sell | Euro | (2,302 | ) | 12/08/2010 | 16 | |||||||
Buy | Euro | 2,972 | 12/08/2010 | 36 | ||||||||
Sell | Pound Sterling | (2,613 | ) | 12/08/2010 | (88 | ) | ||||||
Buy | Japanese Yen | 165,427 | 12/08/2010 | 65 | ||||||||
Sell | Euro | (1,438 | ) | 12/08/2010 | (9 | ) | ||||||
Buy | Japanese Yen | 74,143 | 12/08/2010 | 8 | ||||||||
Sell | Pound Sterling | (583 | ) | 12/08/2010 | (20 | ) | ||||||
Buy | Norwegian Krone | 19,830 | 12/08/2010 | 13 | ||||||||
Sell | Swedish Krona | (22,633 | ) | 12/08/2010 | (18 | ) | ||||||
Buy | Norwegian Krone | 13,828 | 12/08/2010 | 3 | ||||||||
Sell | Pound Sterling | (1,491 | ) | 12/08/2010 | (35 | ) | ||||||
Buy | Norwegian Krone | 13,215 | 12/08/2010 | (5 | ) | |||||||
Sell | Pound Sterling | (1,426 | ) | 12/08/2010 | (28 | ) | ||||||
Buy | Norwegian Krone | 13,720 | 12/08/2010 | (3 | ) | |||||||
Sell | Pound Sterling | (1,473 | ) | 12/08/2010 | (18 | ) | ||||||
Buy | Pound Sterling | 2,114 | 12/08/2010 | 27 | ||||||||
Sell | Norwegian Krone | (19,476 | ) | 12/08/2010 | 40 | |||||||
Buy | Pound Sterling | 2,893 | 12/08/2010 | 33 | ||||||||
Sell | Norwegian Krone | (27,082 | ) | 12/08/2010 | (14 | ) | ||||||
Buy | Pound Sterling | 560 | 12/08/2010 | 13 | ||||||||
Sell | Japanese Yen | (72,064 | ) | 12/08/2010 | (12 | ) | ||||||
Buy | South African Rand | 3,719 | 12/08/2010 | (13 | ) | |||||||
Sell | Euro | (386 | ) | 12/08/2010 | 3 | |||||||
Buy | Swedish Krona | 10,758 | 12/08/2010 | 3 | ||||||||
Sell | Norwegian Krone | (9,414 | ) | 12/08/2010 | 2 | |||||||
$ | (29 | ) | ||||||||||
Amount in U.S. | Net Unrealized | |||||||||||||
Settlement | Dollars Bought | Appreciation | ||||||||||||
Currency | Bought (Sold) | Date | (Sold) | (Depreciation) | ||||||||||
Australian Dollar | (461 | ) | 12/08/2010 | (446 | ) | $ | (3 | ) | ||||||
Australian Dollar | 3,353 | 12/08/2010 | 3,197 | 72 | ||||||||||
Canadian Dollar | 4,514 | 12/08/2010 | 4,414 | 8 | ||||||||||
Canadian Dollar | 2,900 | 12/08/2010 | 2,863 | (22 | ) | |||||||||
Danish Krone | (10,561 | ) | 12/08/2010 | (1,952 | ) | (19 | ) | |||||||
Euro | (37,072 | ) | 12/08/2010 | (51,053 | ) | (520 | ) | |||||||
Euro | (2,642 | ) | 12/08/2010 | (3,687 | ) | 12 | ||||||||
Euro | (489 | ) | 12/08/2010 | (676 | ) | (4 | ) | |||||||
Euro | 3,000 | 12/08/2010 | 4,083 | 90 | ||||||||||
Euro | (1,468 | ) | 12/08/2010 | (2,045 | ) | 2 | ||||||||
Euro | 1,600 | 12/08/2010 | 2,224 | 2 | ||||||||||
Euro | 1,000 | 12/08/2010 | 1,389 | 2 | ||||||||||
Japanese Yen | (168,107 | ) | 12/08/2010 | (2,073 | ) | (17 | ) | |||||||
Japanese Yen | 150,000 | 12/08/2010 | 1,862 | 3 | ||||||||||
Japanese Yen | (36,397 | ) | 12/08/2010 | (451 | ) | (2 | ) | |||||||
Japanese Yen | 3,542,447 | 12/08/2010 | 42,535 | 1,502 | ||||||||||
Japanese Yen | 40,000 | 12/08/2010 | 479 | 18 | ||||||||||
Norwegian Krone | 27,061 | 12/08/2010 | 4,616 | (4 | ) | |||||||||
Pound Sterling | 400 | 12/08/2010 | 632 | 9 | ||||||||||
Pound Sterling | 1,850 | 12/08/2010 | 2,929 | 35 | ||||||||||
Pound Sterling | 2,472 | 12/08/2010 | 3,926 | 33 | ||||||||||
Pound Sterling | (521 | ) | 12/08/2010 | (825 | ) | (10 | ) | |||||||
South African Rand | (40,148 | ) | 12/08/2010 | (5,683 | ) | (14 | ) | |||||||
Swedish Krona | (6,319 | ) | 12/08/2010 | (940 | ) | (5 | ) | |||||||
Swiss Franc | 193 | 12/08/2010 | 200 | (3 | ) | |||||||||
$ | 1,165 | |||||||||||||
Transamerica Funds | Annual Report 2010 |
Page 99
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
* | Floating or variable rate note. Rate is listed as of 10/29/2010. | |
∞ | Percentage rounds to less than 0.1%. | |
§ | Illiquid. These securities aggregated to $4,473, or 1.00%, of the fund’s net assets. | |
# | Aggregate cost for federal income tax purposes is $389,682. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $50,732 and $4,041, respectively. Net unrealized appreciation for tax purposes is $46,691. | |
┌ | Contract amounts are not in thousands. | |
Υ | A portion of this security has been segregated as collateral with the broker, in the amount of $1,261, to cover margin requirements for open futures contracts. | |
DEFINITIONS: | ||
AUD | Australian Dollar | |
BRL | Brazilian Real | |
CAD | Canadian Dollar | |
DKK | Danish Krone | |
EUR | Euro | |
GBP | Pound Sterling | |
IDR | Indonesian Rupiah | |
JPY | Japanese Yen | |
KRW | South Korean Won | |
MXN | Mexican Peso | |
PHP | Philippines Peso | |
SEK | Swedish Krona | |
ZAR | South African Rand |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Asset-Backed Securities | $ | — | $ | 163 | $ | — | $ | 163 | ||||||||
Corporate Debt Securities | — | 128,769 | — | 128,769 | ||||||||||||
Foreign Government Obligations | — | 296,251 | — | 296,251 | ||||||||||||
Mortgage-Backed Securities | — | 4,310 | — | 4,310 | ||||||||||||
Short-Term Foreign Government Obligations | — | 1,393 | — | 1,393 | ||||||||||||
Structured Note Debts | — | 5,487 | — | 5,487 | ||||||||||||
Total | $ | — | $ | 436,373 | $ | — | $ | 436,373 | ||||||||
Other Financial Instruments* | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Futures Contracts — Appreciation | $ | 987 | $ | — | $ | — | $ | 987 | ||||||||
Futures Contracts — Depreciation | (268 | ) | — | — | (268 | ) | ||||||||||
Forward Foreign Currency Contracts — Appreciation | — | 2,050 | — | 2,050 | ||||||||||||
Forward Foreign Currency Contracts — Depreciation | — | (914 | ) | — | (914 | ) | ||||||||||
Total | $ | 719 | $ | 1,136 | $ | — | $ | 1,855 | ||||||||
* | Other financial instruments are derivative instruments including, but not limited to, Futures Contracts, Forward Foreign Currency Contracts, and Swap Contracts that are valued at unrealized appreciation (depreciation) on the instrument. |
Transamerica Funds | Annual Report 2010 |
Page 100
Table of Contents
SCHEDULE OF INVESTMENTS
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 98.1% | ||||||||
Aerospace & Defense - 1.7% | ||||||||
Alliant Techsystems, Inc. ‡ | 18,100 | $ | 1,380 | |||||
L-3 Communications Holdings, Inc. | 20,500 | 1,480 | ||||||
Auto Components - 0.7% | ||||||||
WABCO Holdings, Inc. ‡ | 24,600 | 1,142 | ||||||
Beverages - 0.8% | ||||||||
Brown-Forman Corp. — Class B | 22,225 | 1,352 | ||||||
Capital Markets - 2.9% | ||||||||
Affiliated Managers Group, Inc. ‡ | 8,350 | 715 | ||||||
Ameriprise Financial, Inc. | 26,200 | 1,354 | ||||||
Northern Trust Corp. | 22,600 | 1,122 | ||||||
T. Rowe Price Group, Inc. | 28,200 | 1,558 | ||||||
Chemicals - 3.5% | ||||||||
Albemarle Corp. | 39,072 | 1,959 | ||||||
PPG Industries, Inc. | 26,000 | 1,994 | ||||||
Sigma-Aldrich Corp. | 28,200 | 1,788 | ||||||
Commercial Banks - 5.7% | ||||||||
BancorpSouth, Inc. | 63,400 | 836 | ||||||
BB&T Corp. | 36,800 | 861 | ||||||
City National Corp. | 17,000 | 877 | ||||||
Cullen/Frost Bankers, Inc. Λ | 16,600 | 871 | ||||||
Fifth Third Bancorp | 97,400 | 1,223 | ||||||
M&T Bank Corp. Λ | 19,800 | 1,481 | ||||||
SunTrust Banks, Inc. | 54,400 | 1,361 | ||||||
TCF Financial Corp. Λ | 54,900 | 722 | ||||||
Wilmington Trust Corp. | 55,500 | 395 | ||||||
Zions Bancorporation | 34,500 | 713 | ||||||
Commercial Services & Supplies - 1.8% | ||||||||
Republic Services, Inc. — Class A | 96,900 | 2,889 | ||||||
Containers & Packaging - 1.5% | ||||||||
Ball Corp. | 38,300 | 2,465 | ||||||
Distributors - 1.0% | ||||||||
Genuine Parts Co. | 32,600 | 1,560 | ||||||
Diversified Consumer Services - 0.2% | ||||||||
H&R Block, Inc. | 32,600 | 384 | ||||||
Diversified Telecommunication Services - 1.4% | ||||||||
CenturyLink, Inc. Λ | 40,200 | 1,663 | ||||||
Windstream Corp. | 52,554 | 665 | ||||||
Electric Utilities - 2.9% | ||||||||
Northeast Utilities | 15,900 | 497 | ||||||
Westar Energy, Inc. | 84,300 | 2,133 | ||||||
Wisconsin Energy Corp. | 36,400 | 2,167 | ||||||
Electrical Equipment - 2.4% | ||||||||
AMETEK, Inc. | 21,500 | 1,162 | ||||||
Cooper Industries PLC — Class A | 24,400 | 1,279 | ||||||
Roper Industries, Inc. | 21,700 | 1,507 | ||||||
Electronic Equipment & Instruments - 3.5% | ||||||||
Amphenol Corp. — Class A | 29,700 | 1,489 | ||||||
Arrow Electronics, Inc. ‡ | 41,800 | 1,238 | ||||||
Tyco Electronics, Ltd. | 91,000 | 2,882 | ||||||
44Food & Staples Retailing - 1.4% | ||||||||
Safeway, Inc. | 98,600 | 2,257 | ||||||
Food Products - 2.4% | ||||||||
JM Smucker Co. | 49,300 | 3,168 | ||||||
Ralcorp Holdings, Inc. ‡ | 9,500 | 590 | ||||||
Gas Utilities - 3.8% | ||||||||
Energen Corp. | 55,432 | 2,474 | ||||||
EQT Corp. | 47,800 | 1,790 | ||||||
Oneok, Inc. | 40,100 | 1,998 | ||||||
Health Care Equipment & Supplies - 1.6% | ||||||||
Becton, Dickinson and Co. | 34,285 | 2,589 | ||||||
Health Care Providers & Services - 4.6% | ||||||||
AmerisourceBergen Corp. — Class A | 25,400 | 834 | ||||||
Community Health Systems, Inc. ‡ | 47,800 | 1,438 | ||||||
Coventry Health Care, Inc. ‡ | 82,850 | 1,940 | ||||||
Lincare Holdings, Inc. | 97,524 | 2,558 | ||||||
VCA Antech, Inc. ‡ | 36,500 | 754 | ||||||
Hotels, Restaurants & Leisure - 2.2% | ||||||||
Darden Restaurants, Inc. | 20,580 | 941 | ||||||
Marriott International, Inc. — Class A | 34,955 | 1,295 | ||||||
Yum! Brands, Inc. | 29,000 | 1,437 | ||||||
Household Durables - 3.2% | ||||||||
Fortune Brands, Inc. Λ | 42,500 | 2,296 | ||||||
Jarden Corp. Λ | 34,300 | 1,100 | ||||||
Snap-On, Inc. | 36,600 | 1,867 | ||||||
Household Products - 1.0% | ||||||||
Clorox Co. | 8,600 | 572 | ||||||
Energizer Holdings, Inc. ‡ | 14,900 | 1,115 | ||||||
Industrial Conglomerates - 0.9% | ||||||||
Carlisle Cos., Inc. | 41,700 | 1,462 | ||||||
Insurance - 11.9% | ||||||||
AON Corp. | 28,700 | 1,141 | ||||||
Arch Capital Group, Ltd. ‡ | 4,700 | 406 | ||||||
Assurant, Inc. | 31,000 | 1,226 | ||||||
Cincinnati Financial Corp. | 85,155 | 2,507 | ||||||
Loews Corp. | 87,300 | 3,447 | ||||||
Old Republic International Corp. Λ | 171,850 | 2,268 | ||||||
OneBeacon Insurance Group, Ltd. — Class A | 65,465 | 922 | ||||||
Principal Financial Group, Inc. | 50,000 | 1,342 | ||||||
Symetra Financial Corp. | 34,800 | 385 | ||||||
Transatlantic Holdings, Inc. | 46,200 | 2,430 | ||||||
WR Berkley Corp. Λ | 79,000 | 2,174 | ||||||
XL Group PLC — Class A | 51,300 | 1,085 | ||||||
Internet & Catalog Retail - 0.8% | ||||||||
Expedia, Inc. | 46,200 | 1,337 | ||||||
Media - 4.0% | ||||||||
Cablevision Systems Corp. — Class A | 27,800 | 743 | ||||||
Clear Channel Outdoor Holdings, Inc. — Class A ‡ | 85,673 | 1,018 | ||||||
DISH Network Corp. — Class A | 56,300 | 1,118 | ||||||
Gannett Co., Inc. | 106,800 | 1,266 | ||||||
Omnicom Group, Inc. | 20,300 | 892 | ||||||
Scripps Networks Interactive, Inc. — Class A | 15,200 | 774 | ||||||
Washington Post Co. — Class B | 1,755 | 706 | ||||||
Multiline Retail - 0.9% | ||||||||
Macy’s, Inc. | 59,600 | 1,409 | ||||||
Multi-Utilities - 4.3% | ||||||||
CMS Energy Corp. | 153,900 | 2,828 | ||||||
NSTAR Λ | 39,200 | 1,635 | ||||||
Xcel Energy, Inc. | 105,100 | 2,508 | ||||||
Oil, Gas & Consumable Fuels - 7.5% | ||||||||
CVR Energy, Inc. ‡ | 81,500 | 776 | ||||||
Devon Energy Corp. | 33,500 | 2,178 | ||||||
El Paso Corp. | 115,800 | 1,536 | ||||||
Kinder Morgan Management LLC | 17,389 | 1,072 | ||||||
Newfield Exploration Co. ‡ | 28,900 | 1,723 | ||||||
Teekay Corp. | 54,800 | 1,743 | ||||||
Williams Cos., Inc. | 151,200 | 3,253 |
Transamerica Funds | Annual Report 2010 |
Page 101
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
Real Estate Investment Trusts - 3.4% | ||||||||
Kimco Realty Corp. | 44,500 | $ | 767 | |||||
Public Storage | 6,700 | 665 | ||||||
Regency Centers Corp. Λ | 40,200 | 1,696 | ||||||
Ventas, Inc. | 11,700 | 627 | ||||||
Vornado Realty Trust | 20,656 | 1,804 | ||||||
Real Estate Management & Development - 1.0% | ||||||||
Brookfield Properties Corp. | 95,850 | 1,667 | ||||||
Software - 2.0% | ||||||||
Jack Henry & Associates, Inc. Λ | 61,000 | 1,657 | ||||||
Synopsys, Inc. ‡ | 64,900 | 1,660 | ||||||
Specialty Retail - 7.4% | ||||||||
AutoZone, Inc. ‡ | 5,300 | 1,259 | ||||||
Bed Bath & Beyond, Inc. ‡ | 42,400 | 1,861 | ||||||
Gap, Inc. | 153,700 | 2,923 | ||||||
Sherwin-Williams Co. | 26,200 | 1,912 | ||||||
Staples, Inc. | 27,300 | 559 | ||||||
Tiffany & Co. | 35,900 | 1,903 | ||||||
TJX Cos., Inc. | 36,200 | 1,661 | ||||||
Textiles, Apparel & Luxury Goods - 0.9% | ||||||||
Phillips-Van Heusen Corp. | 25,300 | 1,552 | ||||||
Thrifts & Mortgage Finance - 1.0% | ||||||||
People’s United Financial, Inc. | 129,900 | 1,599 | ||||||
Tobacco - 0.3% | ||||||||
Lorillard, Inc. | 6,500 | 555 | ||||||
Water Utilities - 0.5% | ||||||||
American Water Works Co., Inc. | 34,200 | 817 | ||||||
Wireless Telecommunication Services - 1.1% | ||||||||
Telephone & Data Systems, Inc. (Special Shares) — Class L | 59,960 | 1,789 | ||||||
Total Common Stocks (cost $133,596) | 160,420 | |||||||
SECURITIES LENDING COLLATERAL - 4.2% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 6,817,966 | 6,818 | ||||||
Total Securities Lending Collateral (cost $6,818) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 2.1% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $3,504 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $3,578. | $ | 3,504 | 3,504 | |||||
Total Repurchase Agreement (cost $3,504) | ||||||||
Total Investment Securities (cost $143,918) # | 170,742 | |||||||
Other Assets and Liabilities — Net | (7,130 | ) | ||||||
Net Assets | $ | 163,612 | ||||||
‡ | Non-income producing security. | |
Λ | All or a portion of this security is on loan. The value of all securities on loan is $6,663. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
# | Aggregate cost for federal income tax purposes is $146,519. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $30,302 and $6,079, respectively. Net unrealized appreciation for tax purposes is $24,223. |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 156,453 | $ | 3,967 | $ | — | $ | 160,420 | ||||||||
Repurchase Agreement | — | 3,504 | — | 3,504 | ||||||||||||
Securities Lending Collateral | 6,818 | — | — | 6,818 | ||||||||||||
Total | $ | 163,271 | $ | 7,471 | $ | — | $ | 170,742 | ||||||||
Transamerica Funds | Annual Report 2010 |
Page 102
Table of Contents
SCHEDULE OF INVESTMENTS
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||||||
U.S. GOVERNMENT OBLIGATIONS - 5.7% | ||||||||||||
United States - 5.7% | ||||||||||||
U.S. Treasury Note | ||||||||||||
0.38%, 09/30/2012 Λ | $ | 14,765 | $ | 14,775 | ||||||||
1.38%, 03/15/2013 | 12,940 | 13,233 | ||||||||||
2.50%, 04/30/2015 Λ | 5,345 | 5,695 | ||||||||||
Total U.S. Government Obligations (cost $33,052) | 33,703 | |||||||||||
FOREIGN GOVERNMENT OBLIGATIONS - 18.6% | ||||||||||||
Australia - 2.0% | ||||||||||||
New South Wales Treasury Corp. | ||||||||||||
6.00%, 05/01/2012 | AUD | 4,340 | 4,310 | |||||||||
7.00%, 12/01/2010 | AUD | 2,960 | 2,904 | |||||||||
Queensland Treasury Corp. | ||||||||||||
7.13%, 09/18/2017 - 144A | NZD | 5,865 | 4,847 | |||||||||
Brazil - 1.8% | ||||||||||||
Republic of Brazil | ||||||||||||
10.25%, 01/10/2028 | BRL | 16,750 | 10,664 | |||||||||
Canada - 5.6% | ||||||||||||
Canada Housing Trust No. 1 | ||||||||||||
3.55%, 09/15/2013 | CAD | 1,825 | 1,880 | |||||||||
Canadian Government Bond | ||||||||||||
3.00%, 12/01/2015 | CAD | 17,160 | 17,645 | |||||||||
3.75%, 06/01/2012 | CAD | 6,690 | 6,807 | |||||||||
5.25%, 06/01/2012 | CAD | 5,115 | 5,322 | |||||||||
Province of Ontario Canada | ||||||||||||
4.20%, 03/08/2018 | CAD | 150 | 158 | |||||||||
Province of Quebec Canada | ||||||||||||
6.75%, 11/09/2015 | NZD | 2,825 | 2,295 | |||||||||
Colombia - 0.5% | ||||||||||||
Republic of Colombia | ||||||||||||
9.85%, 06/28/2027 | COP | 665,000 | 540 | |||||||||
12.00%, 10/22/2015 | COP | 3,500,000 | 2,561 | |||||||||
Korea, Republic of - 3.6% | ||||||||||||
Export-Import Bank of Korea | ||||||||||||
5.10%, 10/29/2013 - 144A | KRW | 184,600 | 4,135 | |||||||||
Korea Treasury Bond | ||||||||||||
5.00%, 09/10/2014 | KRW | 18,384,830 | 17,126 | |||||||||
Malaysia - 0.5% | ||||||||||||
Republic of Malaysia | ||||||||||||
3.21%, 05/31/2013 | MYR | 9,370 | 3,008 | |||||||||
Mexico - 3.3% | ||||||||||||
United Mexican States | ||||||||||||
8.00%, 12/07/2023 | MXN | 207,000 | 19,399 | |||||||||
Philippines - 0.2% | ||||||||||||
Republic of The Philippines | ||||||||||||
4.95%, 01/15/2021 | PHP | 50,000 | 1,235 | |||||||||
Supranational - 1.1% | ||||||||||||
Inter-American Development Bank | ||||||||||||
2.50%, 03/11/2013 | INR | 291,000 | 6,303 | |||||||||
Total Foreign Government Obligations (cost $98,229) | 111,139 | |||||||||||
MORTGAGE-BACKED SECURITIES - 7.2% | ||||||||||||
United States - 7.2% | ||||||||||||
Banc of America Commercial Mortgage, Inc. | ||||||||||||
Series 2007-2, Class A4 | ||||||||||||
5.69%, 04/10/2049 * | 500 | 524 | ||||||||||
Banc of America Funding Corp. | ||||||||||||
Series 2005-5, Class 1A11 | ||||||||||||
5.50%, 09/25/2035 | 1,490 | 1,406 | ||||||||||
Series 2006-I, Class 1A1 | ||||||||||||
2.87%, 12/20/2036 * | 177 | 169 | ||||||||||
Banc of America Mortgage Securities, Inc. | ||||||||||||
Series 2005-F, Class 2A2 | ||||||||||||
2.94%, 07/25/2035 * | 442 | 398 | ||||||||||
Bear Stearns Commercial Mortgage Securities | ||||||||||||
Series 2007-PW15, Class A4 | ||||||||||||
5.33%, 02/11/2044 | 1,300 | 1,353 | ||||||||||
Series 2007-PW16, Class A4 | ||||||||||||
5.72%, 06/11/2040 * | 700 | 758 | ||||||||||
Commercial Mortgage Pass-Through Certificates | ||||||||||||
Series 2007-C9, Class A4 | ||||||||||||
5.81%, 12/10/2049 * | 1,050 | 1,136 | ||||||||||
Countrywide Home Loan Mortgage Pass-Through Trust | ||||||||||||
Series 2004-22, Class A1 | ||||||||||||
3.17%, 11/25/2034 * | 1,295 | 1,123 | ||||||||||
Credit Suisse Mortgage Capital Certificates | ||||||||||||
Series 2007-C3, Class A4 | ||||||||||||
5.72%, 06/15/2039 * | 2,410 | 2,501 | ||||||||||
Series 2007-C4, Class A4 | ||||||||||||
5.80%, 09/15/2039 * | 1,200 | 1,245 | ||||||||||
Series 2007-C5, Class A4 | ||||||||||||
5.70%, 09/15/2040 * | 4,785 | 4,971 | ||||||||||
Series 2008-C1, Class A3 | ||||||||||||
6.21%, 02/15/2041 * | 1,540 | 1,650 | ||||||||||
Greenwich Capital Commercial Funding Corp. | ||||||||||||
Series 2007-GG11, Class A4 | ||||||||||||
5.74%, 12/10/2049 | 3,100 | 3,271 | ||||||||||
Series 2007-GG9, Class A4 | ||||||||||||
5.44%, 03/10/2039 | 3,000 | 3,207 | ||||||||||
JPMorgan Chase Commercial Mortgage Securities Corp. | ||||||||||||
Series 2007-CB19, Class A4 | ||||||||||||
5.74%, 02/12/2049 * | 740 | 787 | ||||||||||
Series 2007-LD11, Class A4 | ||||||||||||
5.82%, 06/15/2049 * | 5,310 | 5,637 | ||||||||||
Series 2007-LDPX, Class A3 | ||||||||||||
5.42%, 01/15/2049 | 3,250 | 3,403 | ||||||||||
JPMorgan Mortgage Trust | ||||||||||||
Series 2007-A1, Class 4A2 | ||||||||||||
2.97%, 07/25/2035 * | 428 | 417 | ||||||||||
MASTR Adjustable Rate Mortgages Trust | ||||||||||||
Series 2004-15, Class 4A1 | ||||||||||||
3.18%, 12/25/2034 * | 2,012 | 1,773 | ||||||||||
Series 2005-2, Class 5A1 | ||||||||||||
3.01%, 03/25/2035 * | 1,269 | 1,106 |
Transamerica Funds | Annual Report 2010 |
Page 103
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||||||
United States — (continued) | ||||||||||||
MLCC Mortgage Investors, Inc. | ||||||||||||
Series 2004-1, Class 2A1 | ||||||||||||
2.31%, 12/25/2034 * | $ | 429 | $ | 413 | ||||||||
Morgan Stanley Re-REMIC Trust | ||||||||||||
Series 2009-GG10, Class A4B | ||||||||||||
5.81%, 08/12/2045 - 144A * | 2,900 | 2,836 | ||||||||||
Wells Fargo Mortgage Backed Securities Trust | ||||||||||||
Series 2005-AR2, Class 2A2 | ||||||||||||
2.86%, 03/25/2035 * | 1,161 | 1,081 | ||||||||||
Series 2005-AR4, Class 2A2 | ||||||||||||
2.95%, 04/25/2035 * | 1,472 | 1,413 | ||||||||||
Total Mortgage-Backed Securities (cost $33,258) | 42,578 | |||||||||||
ASSET-BACKED SECURITIES - 4.5% | ||||||||||||
United States - 4.5% | ||||||||||||
American Airlines Pass-Through Trust | ||||||||||||
Series 2001-2, Class A2 | ||||||||||||
7.86%, 10/01/2011 | 2,965 | 3,102 | ||||||||||
Series 2009-1A | ||||||||||||
10.38%, 07/02/2019 | 981 | 1,173 | ||||||||||
Chesapeake Funding LLC | ||||||||||||
Series 2009-2A, Class B | ||||||||||||
2.01%, 09/15/2021 - 144A * | 1,000 | 955 | ||||||||||
Series 2009-2A, Class C | ||||||||||||
2.01%, 09/15/2021 - 144A * | 1,200 | 1,112 | ||||||||||
Continental Airlines Pass-Through Trust | ||||||||||||
Series 2001-1 | ||||||||||||
6.70%, 06/15/2021 | 771 | 810 | ||||||||||
Countrywide Asset-Backed Certificates | ||||||||||||
Series 2004-13, Class AF5B | ||||||||||||
5.10%, 05/25/2035 * | 625 | 487 | ||||||||||
Series 2004-4, Class M1 | ||||||||||||
0.98%, 07/25/2034 * | 450 | 298 | ||||||||||
CVS Pass-Through Trust | ||||||||||||
6.94%, 01/10/2030 | 1,248 | 1,385 | ||||||||||
Delta Air Lines, Inc. Pass-Through Trust | ||||||||||||
Series 2007-1, Class A | ||||||||||||
6.82%, 08/10/2022 | 2,442 | 2,637 | ||||||||||
Series 2007-1, Class B | ||||||||||||
8.02%, 08/10/2022 | 2,272 | 2,340 | ||||||||||
Diamond Resorts Owner Trust | ||||||||||||
Series 2009-1, Class A | ||||||||||||
9.31%, 03/20/2026 - 144A | 1,064 | 1,077 | ||||||||||
JP Morgan Mortgage Acquisition Corp. | ||||||||||||
Series 2005-OPT1, Class M2 | ||||||||||||
0.73%, 06/25/2035 * | 650 | 458 | ||||||||||
Merrill Lynch Mortgage Investors, Inc. | ||||||||||||
Series 2005-HE1, Class M1 | ||||||||||||
0.69%, 02/25/2036 * | 675 | 509 | ||||||||||
Option One Mortgage Loan Trust | ||||||||||||
Series 2004-3, Class M2 | ||||||||||||
0.83%, 11/25/2034 * | 775 | 599 | ||||||||||
Park Place Securities, Inc. | ||||||||||||
Series 2004-WCW2, Class M2 | ||||||||||||
0.91%, 10/25/2034 * | 1,275 | 965 | ||||||||||
Sierra Receivables Funding Co. | ||||||||||||
Series 2009-3A, Class A1 | ||||||||||||
7.62%, 07/20/2026 - 144A | 1,711 | 1,734 | ||||||||||
UAL Pass-Through Trust | ||||||||||||
Series 2007-1, Class A | ||||||||||||
6.64%, 07/02/2022 | 6,773 | 6,941 | ||||||||||
Total Asset-Backed Securities (cost $25,241) | 26,582 | |||||||||||
PREFERRED CORPORATE DEBT SECURITIES - 1.0% | ||||||||||||
United States - 1.0% | ||||||||||||
Bank of America Corp. | ||||||||||||
8.00%, 01/30/2018 * Ž | 215 | 217 | ||||||||||
Hercules, Inc. | ||||||||||||
6.50%, 06/30/2029 | 1,260 | 1,040 | ||||||||||
NGC Corp., Capital Trust I | ||||||||||||
8.32%, 06/01/2027 § | 200 | 89 | ||||||||||
Xerox Capital Trust I | ||||||||||||
8.00%, 02/01/2027 | 4,347 | 4,458 | ||||||||||
Total Preferred Corporate Debt Securities (cost $5,183) | 5,804 | |||||||||||
CORPORATE DEBT SECURITIES - 46.0% | ||||||||||||
Australia - 0.3% | ||||||||||||
General Electric Capital Australia Funding, Ltd. | ||||||||||||
8.00%, 02/13/2012 | AUD | 1,635 | 1,641 | |||||||||
Canada - 0.3% | ||||||||||||
Bell Canada | ||||||||||||
6.10%, 03/16/2035 - 144A | CAD | 475 | 484 | |||||||||
Bombardier, Inc. | ||||||||||||
7.45%, 05/01/2034 - 144A | $ | 800 | 784 | |||||||||
Nortel Networks, Ltd. | ||||||||||||
6.88%, 09/01/2023 Џ | 410 | 111 | ||||||||||
Nortel Networks Capital Corp. | ||||||||||||
7.88%, 06/15/2026 Λ Џ | 300 | 207 | ||||||||||
Luxembourg - 0.9% | ||||||||||||
ArcelorMittal | ||||||||||||
5.25%, 08/05/2020 | 1,265 | 1,280 | ||||||||||
7.00%, 10/15/2039 | 1,280 | 1,288 | ||||||||||
Telecom Italia Capital SA | ||||||||||||
6.00%, 09/30/2034 | 2,760 | 2,653 | ||||||||||
Mexico - 0.2% | ||||||||||||
America Movil SAB de CV | ||||||||||||
8.46%, 12/18/2036 | MXN | 12,000 | 1,004 | |||||||||
Supranational - 2.1% | ||||||||||||
European Investment Bank | ||||||||||||
Zero Coupon, 04/24/2013 - 144A | IDR | 118,809,000 | 11,706 | |||||||||
7.00%, 01/18/2012 | NZD | 1,580 | 1,248 | |||||||||
United Arab Emirates - 1.4% | ||||||||||||
DP World, Ltd. | ||||||||||||
6.85%, 07/02/2037 - 144A | $ | 6,410 | 6,032 | |||||||||
Dubai Electricity & Water Authority | ||||||||||||
7.38%, 10/21/2020 - 144A | 2,100 | 2,065 | ||||||||||
United States - 40.8% | ||||||||||||
Advanced Micro Devices, Inc. | ||||||||||||
7.75%, 08/01/2020 - 144A Λ | 715 | 758 |
Transamerica Funds | Annual Report 2010 |
Page 104
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||||||
United States — (continued) | ||||||||||||
Alcatel-Lucent USA, Inc. | ||||||||||||
6.45%, 03/15/2029 Λ | $ | 6,210 | $ | 5,186 | ||||||||
6.50%, 01/15/2028 | 1,275 | 1,061 | ||||||||||
Alcoa, Inc. | ||||||||||||
5.95%, 02/01/2037 Λ | 4,850 | 4,592 | ||||||||||
6.75%, 01/15/2028 Λ | 1,395 | 1,420 | ||||||||||
Ally Financial, Inc. | ||||||||||||
8.30%, 02/12/2015 - 144A | 2,665 | 2,905 | ||||||||||
American General Finance Corp. | ||||||||||||
6.90%, 12/15/2017 | 6,260 | 5,212 | ||||||||||
Associates Corp. | ||||||||||||
6.95%, 11/01/2018 | 1,645 | 1,859 | ||||||||||
AT&T Corp. | ||||||||||||
6.50%, 03/15/2029 | 200 | 216 | ||||||||||
Bruce Mansfield Unit | ||||||||||||
6.85%, 06/01/2034 § | 2,757 | 3,043 | ||||||||||
Calpine Corp. | ||||||||||||
7.50%, 02/15/2021 - 144A | 2,740 | 2,805 | ||||||||||
CenturyLink, Inc. | ||||||||||||
7.60%, 09/15/2039 | 1,425 | 1,425 | ||||||||||
CIT Group, Inc. | ||||||||||||
7.00%, 05/01/2016 - 05/01/2017 Λ | 2,830 | 2,818 | ||||||||||
Citigroup, Inc. | ||||||||||||
5.38%, 08/09/2020 Λ | 4,420 | 4,652 | ||||||||||
5.50%, 02/15/2017 Λ | 2,200 | 2,323 | ||||||||||
5.88%, 02/22/2033 | 180 | 171 | ||||||||||
6.00%, 10/31/2033 | 1,280 | 1,232 | ||||||||||
6.13%, 08/25/2036 | 760 | 735 | ||||||||||
Corning, Inc. | ||||||||||||
5.75%, 08/15/2040 | 3,260 | 3,297 | ||||||||||
Developers Diversified Realty Corp. | ||||||||||||
7.88%, 09/01/2020 Λ | 1,585 | 1,720 | ||||||||||
Dillard’s, Inc. | ||||||||||||
7.13%, 08/01/2018 | 990 | 983 | ||||||||||
Dynegy Holdings, Inc. | ||||||||||||
7.63%, 10/15/2026 | 450 | 270 | ||||||||||
7.75%, 06/01/2019 | 625 | 427 | ||||||||||
El Paso Corp. | ||||||||||||
7.42%, 02/15/2037 | 1,235 | 1,210 | ||||||||||
Energy Future Holdings Corp. | ||||||||||||
5.55%, 11/15/2014 Λ | 6,735 | 4,294 | ||||||||||
6.50%, 11/15/2024 Λ | 1,110 | 438 | ||||||||||
6.55%, 11/15/2034 | 305 | 119 | ||||||||||
Equifax, Inc. | ||||||||||||
7.00%, 07/01/2037 | 400 | 450 | ||||||||||
Ford Motor Co. | ||||||||||||
6.50%, 08/01/2018 Λ | 100 | 106 | ||||||||||
6.63%, 02/15/2028 | 4,788 | 4,979 | ||||||||||
7.45%, 07/16/2031 Λ | 2,875 | 3,263 | ||||||||||
7.50%, 08/01/2026 | 115 | 123 | ||||||||||
Fortune Brands, Inc. | ||||||||||||
5.88%, 01/15/2036 | 2,060 | 1,881 | ||||||||||
Frontier Communications Corp. | ||||||||||||
7.88%, 01/15/2027 Λ | 2,160 | 2,257 | ||||||||||
General Electric Capital Corp. | ||||||||||||
2.96%, 05/18/2012 | SGD | 2,500 | 1,957 | |||||||||
3.49%, 03/08/2012 | SGD | 2,400 | 1,888 | |||||||||
4.38%, 09/21/2015 Λ | $ | 10,955 | 11,966 | |||||||||
7.63%, 12/10/2014 | NZD | 320 | 258 | |||||||||
Harley-Davidson Funding Corp. | ||||||||||||
6.80%, 06/15/2018 - 144A | 3,865 | 4,203 | ||||||||||
Hasbro, Inc. | ||||||||||||
6.60%, 07/15/2028 | 4,730 | 4,864 | ||||||||||
HCA, Inc. | ||||||||||||
7.05%, 12/01/2027 | 55 | 49 | ||||||||||
7.19%, 11/15/2015 | 2,555 | 2,517 | ||||||||||
7.50%, 12/15/2023 | 3,200 | 2,944 | ||||||||||
7.58%, 09/15/2025 | 755 | 725 | ||||||||||
7.69%, 06/15/2025 | 1,545 | 1,452 | ||||||||||
7.75%, 07/15/2036 | 125 | 115 | ||||||||||
8.36%, 04/15/2024 | 190 | 187 | ||||||||||
Highwoods Properties, Inc. REIT | ||||||||||||
5.85%, 03/15/2017 | 1,175 | 1,236 | ||||||||||
International Lease Finance Corp. | ||||||||||||
5.65%, 06/01/2014 Λ | 300 | 300 | ||||||||||
6.50%, 09/01/2014 - 144A | 3,905 | 4,217 | ||||||||||
6.63%, 11/15/2013 | 555 | 572 | ||||||||||
8.75%, 03/15/2017 - 144A | 1,150 | 1,308 | ||||||||||
JC Penney Corp., Inc. | ||||||||||||
7.63%, 03/01/2097 | 430 | 388 | ||||||||||
Joy Global, Inc. | ||||||||||||
6.63%, 11/15/2036 | 2,780 | 2,830 | ||||||||||
Level 3 Financing, Inc. | ||||||||||||
8.75%, 02/15/2017 Λ | 4,045 | 3,706 | ||||||||||
9.25%, 11/01/2014 Λ | 445 | 436 | ||||||||||
Mackinaw Power LLC | ||||||||||||
6.30%, 10/31/2023 - 144A | 1,550 | 1,681 | ||||||||||
Macy’s Retail Holdings, Inc. | ||||||||||||
6.79%, 07/15/2027 | 1,065 | 1,035 | ||||||||||
Masco Corp. | ||||||||||||
5.85%, 03/15/2017 | 2,440 | 2,460 | ||||||||||
6.13%, 10/03/2016 Λ | 3,505 | 3,589 | ||||||||||
6.50%, 08/15/2032 Λ | 485 | 428 | ||||||||||
7.13%, 03/15/2020 Λ | 1,505 | 1,580 | ||||||||||
7.75%, 08/01/2029 | 200 | 194 | ||||||||||
Merrill Lynch & Co., Inc. | ||||||||||||
5.70%, 05/02/2017 | 300 | 308 | ||||||||||
6.05%, 06/01/2034 | 820 | 810 | ||||||||||
6.11%, 01/29/2037 | 3,810 | 3,627 | ||||||||||
Midwest Generation LLC | ||||||||||||
8.56%, 01/02/2016 | 736 | 738 | ||||||||||
Morgan Stanley | ||||||||||||
5.50%, 07/24/2020 | 2,560 | 2,664 | ||||||||||
Mosaic Global Holdings, Inc. | ||||||||||||
7.30%, 01/15/2028 | 420 | 483 | ||||||||||
Motorola, Inc. | ||||||||||||
6.50%, 09/01/2025 Λ | 3,175 | 3,318 | ||||||||||
6.63%, 11/15/2037 Λ | 712 | 741 | ||||||||||
New Albertsons, Inc. | ||||||||||||
6.63%, 06/01/2028 | 4,210 | 3,126 | ||||||||||
7.45%, 08/01/2029 | 1,305 | 1,057 | ||||||||||
7.75%, 06/15/2026 | 680 | 564 | ||||||||||
8.00%, 05/01/2031 | 905 | 735 | ||||||||||
NLV Financial Corp. | ||||||||||||
7.50%, 08/15/2033 - 144A | 190 | 185 | ||||||||||
Northwest Airlines, Inc. Pass-Through Trust Class A | ||||||||||||
7.03%, 11/01/2019 | 6,463 | 6,802 |
Transamerica Funds | Annual Report 2010 |
Page 105
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts except share amounts in thousands)
Principal | Value | |||||||||||
United States — (continued) | ||||||||||||
Owens & Minor, Inc. | ||||||||||||
6.35%, 04/15/2016 § | $ | 835 | $ | 857 | ||||||||
Owens Corning, Inc. | ||||||||||||
7.00%, 12/01/2036 | 4,585 | 4,667 | ||||||||||
Parker Drilling Co. | ||||||||||||
9.13%, 04/01/2018 | 325 | 341 | ||||||||||
Plains All American Pipeline, LP | ||||||||||||
6.70%, 05/15/2036 | 930 | 989 | ||||||||||
Pride International, Inc. | ||||||||||||
6.88%, 08/15/2020 | 5,000 | 5,663 | ||||||||||
ProLogis REIT | ||||||||||||
5.63%, 11/15/2015 - 11/15/2016 | 1,825 | 1,927 | ||||||||||
5.75%, 04/01/2016 | 1,435 | 1,527 | ||||||||||
6.63%, 05/15/2018 | 525 | 564 | ||||||||||
6.88%, 03/15/2020 | 2,970 | 3,227 | ||||||||||
Pulte Group, Inc. | ||||||||||||
6.00%, 02/15/2035 | 110 | 86 | ||||||||||
6.38%, 05/15/2033 | 1,780 | 1,420 | ||||||||||
7.88%, 06/15/2032 | 1,500 | 1,373 | ||||||||||
Qwest Capital Funding, Inc. | ||||||||||||
6.50%, 11/15/2018 | 965 | 992 | ||||||||||
6.88%, 07/15/2028 | 1,510 | 1,459 | ||||||||||
7.63%, 08/03/2021 | 1,000 | 1,045 | ||||||||||
Qwest Corp. | ||||||||||||
6.88%, 09/15/2033 Λ | 2,770 | 2,784 | ||||||||||
7.20%, 11/10/2026 | 895 | 902 | ||||||||||
7.25%, 09/15/2025 | 1,705 | 1,836 | ||||||||||
7.50%, 06/15/2023 Λ | 1,670 | 1,678 | ||||||||||
Ralcorp Holdings, Inc. | ||||||||||||
6.63%, 08/15/2039 Λ | 3,060 | 3,276 | ||||||||||
Realty Income Corp. REIT | ||||||||||||
6.75%, 08/15/2019 Λ | 3,795 | 4,391 | ||||||||||
Reynolds American, Inc. | ||||||||||||
7.25%, 06/15/2037 | 880 | 916 | ||||||||||
SLM Corp. | ||||||||||||
5.00%, 04/15/2015 Λ | 2,284 | 2,186 | ||||||||||
5.63%, 08/01/2033 | 779 | 600 | ||||||||||
8.45%, 06/15/2018 | 4,030 | 4,221 | ||||||||||
Sprint Capital Corp. | ||||||||||||
6.88%, 11/15/2028 | 10,035 | 9,459 | ||||||||||
8.75%, 03/15/2032 | 245 | 269 | ||||||||||
Toro Co. | ||||||||||||
6.63%, 05/01/2037 § | 2,500 | 2,388 | ||||||||||
Toys “R” Us, Inc. | ||||||||||||
7.38%, 10/15/2018 | 6,440 | 6,247 | ||||||||||
USG Corp. | ||||||||||||
6.30%, 11/15/2016 Λ | 4,585 | 4,104 | ||||||||||
9.50%, 01/15/2018 | 1,070 | 1,054 | ||||||||||
Valero Energy Corp. | ||||||||||||
6.63%, 06/15/2037 Λ | 4,225 | 4,270 | ||||||||||
Verizon Maryland, Inc. | ||||||||||||
5.13%, 06/15/2033 Λ | 200 | 176 | ||||||||||
Westvaco Corp. | ||||||||||||
7.95%, 02/15/2031 | 1,135 | 1,207 | ||||||||||
8.20%, 01/15/2030 | 2,985 | 3,235 | ||||||||||
Weyerhaeuser Co. | ||||||||||||
6.88%, 12/15/2033 | 4,740 | 4,372 | ||||||||||
7.38%, 03/15/2032 | 855 | 867 | ||||||||||
Wyndham Worldwide Corp. | ||||||||||||
6.00%, 12/01/2016 | 2,010 | 2,147 | ||||||||||
7.38%, 03/01/2020 | 1,835 | 2,035 | ||||||||||
Total Corporate Debt Securities (cost $255,786) | 273,733 | |||||||||||
STRUCTURED NOTES DEBT - 1.0% | ||||||||||||
United States - 1.0% | ||||||||||||
JPMorgan Chase & Co. | ||||||||||||
Zero Coupon, 09/10/2012 - 144A | IDR | 37,004,100 | 3,720 | |||||||||
Zero Coupon, 04/12/2012 - 144A | IDR | 21,967,355 | 2,278 | |||||||||
Total Structure Notes Debt (cost $5,303) | 5,998 | |||||||||||
Shares | Value | |||||||
CONVERTIBLE PREFERRED STOCKS - 1.2% | ||||||||
United States - 1.2% | ||||||||
AES Trust III | ||||||||
6.75% Λ | 10,950 | 531 | ||||||
Bank of America Corp. | ||||||||
7.25% | 805 | 762 | ||||||
El Paso Energy Capital Trust I | ||||||||
4.75% Λ | 6,300 | 250 | ||||||
Ford Motor Co., Capital Trust II | ||||||||
6.50% | 2,100 | 104 | ||||||
Lucent Technologies Capital Trust I | ||||||||
7.75% | 4,900 | 4,288 | ||||||
Newell Financial Trust I | ||||||||
5.25% Λ | 10,000 | 420 | ||||||
Sovereign Capital Trust IV | ||||||||
4.38% Λ | 7,350 | 298 | ||||||
Wells Fargo & Co. | ||||||||
7.50% | 190 | 190 | ||||||
Total Convertible Preferred Stocks (cost $6,330) | 6,843 | |||||||
PREFERRED STOCKS - 0.9% | ||||||||
United States - 0.9% | ||||||||
Ally Financial, Inc. | ||||||||
7.00% - 144A | 1,675 | 1,508 | ||||||
Countrywide Capital IV | ||||||||
6.75% | 88,375 | 2,030 | ||||||
SLM Corp. | ||||||||
6.00% | 78,825 | 1,547 | ||||||
Total Preferred Stocks (cost $3,514) | 5,085 | |||||||
COMMON STOCKS - 0.1% | ||||||||
United States - 0.1% | ||||||||
Dex One Corp. ‡ Λ | 1,218 | 9 | ||||||
Owens-Illinois, Inc. ‡ Λ | 10,796 | 302 | ||||||
Total Common Stocks (cost $728) | 311 | |||||||
Principal | Value | |||||||
LOAN ASSIGNMENT - 0.6% | ||||||||
United States - 0.6% | ||||||||
Level 3 Financing, Inc. | ||||||||
11.50%, 03/13/2014 * | $ | 3,250 | 3,510 | |||||
Total Loan Assignment (cost $3,228) |
Transamerica Funds | Annual Report 2010 |
Page 106
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts except share amounts in thousands)
Principal | Value | |||||||
CONVERTIBLE BONDS - 9.3% | ||||||||
Canada - 0.4% | ||||||||
Nortel Networks Corp. | ||||||||
1.75%, 04/15/2012 Џ | $ | 450 | $ | 360 | ||||
2.13%, 04/15/2014 Џ | 2,870 | 2,296 | ||||||
United States - 8.9% | ||||||||
Ciena Corp. | ||||||||
0.25%, 05/01/2013 Λ | 125 | 114 | ||||||
0.88%, 06/15/2017 Λ | 2,695 | 1,937 | ||||||
3.75%, 10/15/2018 - 144A | 445 | 427 | ||||||
Ford Motor Co. | ||||||||
4.25%, 11/15/2016 | 3,715 | 6,455 | ||||||
Hologic, Inc. | ||||||||
2.00%, 12/15/2037 * | 3,130 | 2,950 | ||||||
Human Genome Sciences, Inc. | ||||||||
2.25%, 08/15/2012 | 1,170 | 1,982 | ||||||
Intel Corp. | ||||||||
2.95%, 12/15/2035 | 2,740 | 2,754 | ||||||
3.25%, 08/01/2039 Λ | 10,315 | 12,235 | ||||||
Level 3 Communications, Inc. | ||||||||
3.50%, 06/15/2012 | 1,365 | 1,271 | ||||||
7.00%, 03/15/2015 - 144A § | 2,110 | 1,941 | ||||||
Liberty Media LLC | ||||||||
3.50%, 01/15/2031 | 122 | 66 | ||||||
Micron Technology, Inc. | ||||||||
1.88%, 06/01/2014 | 495 | 474 | ||||||
Nektar Therapeutics | ||||||||
3.25%, 09/28/2012 | 1,960 | 2,007 | ||||||
Omnicare, Inc. | ||||||||
3.25%, 12/15/2035 | 4,545 | 4,051 | ||||||
Owens-Brockway Glass Container, Inc. | ||||||||
3.00%, 06/01/2015 - 144A | 2,390 | 2,387 | ||||||
Peabody Energy Corp. | ||||||||
4.75%, 12/15/2041 Λ | 1,325 | 1,575 | ||||||
Trinity Industries, Inc. | ||||||||
3.88%, 06/01/2036 | 2,785 | 2,594 | ||||||
Valeant Pharmaceuticals International | ||||||||
4.00%, 11/15/2013 Λ | 1,300 | 2,733 | ||||||
Vertex Pharmaceuticals, Inc. | ||||||||
3.35%, 10/01/2015 | 5,100 | 5,355 | ||||||
Total Convertible Bonds (cost $46,986) | 55,964 | |||||||
Shares | Value | |||||||
SECURITIES LENDING COLLATERAL - 8.2% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 48,432,594 | $ | 48,433 | |||||
Total Securities Lending Collateral (cost $48,433) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 2.0% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $12,109 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $12,351. | $ | 12,109 | 12,109 | |||||
Total Repurchase Agreement (cost $12,109) | ||||||||
Total Investment Securities (cost $577,380) # | 631,792 | |||||||
Other Assets and Liabilities — Net | (37,572 | ) | ||||||
Net Assets | $ | 594,220 | ||||||
Transamerica Funds | Annual Report 2010 |
Page 107
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited): | Total Investments | Value | ||||||
Foreign Government Obligation | 17.6 | % | $ | 111,139 | ||||
Diversified Financial Services | 9.5 | 60,265 | ||||||
Diversified Telecommunication Services | 6.8 | 42,787 | ||||||
Mortgage-Backed Security | 6.7 | 42,578 | ||||||
U.S. Government Obligation | 5.3 | 33,703 | ||||||
Asset-Backed Security | 4.2 | 26,582 | ||||||
Building Products | 2.9 | 18,076 | ||||||
Semiconductors & Semiconductor Equipment | 2.6 | 16,221 | ||||||
Communications Equipment | 2.5 | 15,758 | ||||||
Automobiles | 2.4 | 15,030 | ||||||
Real Estate Investment Trusts | 2.3 | 14,592 | ||||||
Consumer Finance | 2.2 | 13,766 | ||||||
Commercial Banks | 2.1 | 13,144 | ||||||
Health Care Providers & Services | 2.0 | 12,897 | ||||||
Paper & Forest Products | 1.5 | 9,681 | ||||||
Metals & Mining | 1.4 | 8,580 | ||||||
Electric Utilities | 1.3 | 8,056 | ||||||
Machinery | 1.2 | 7,812 | ||||||
Biotechnology | 1.2 | 7,337 | ||||||
Oil, Gas & Consumable Fuels | 1.2 | 7,305 | ||||||
Energy Equipment & Services | 1.1 | 6,993 | ||||||
Specialty Retail | 1.1 | 6,982 | ||||||
Airlines | 1.1 | 6,802 | ||||||
Independent Power Producers & Energy Traders | 1.0 | 6,379 | ||||||
Transportation Infrastructure | 1.0 | 6,032 | ||||||
Household Durables | 0.8 | 5,180 | ||||||
Leisure Equipment & Products | 0.8 | 4,864 | ||||||
Food & Staples Retailing | 0.8 | 4,747 | ||||||
Office Electronics | 0.7 | 4,458 | ||||||
Hotels, Restaurants & Leisure | 0.7 | 4,182 | ||||||
Electronic Equipment & Instruments | 0.5 | 3,297 | ||||||
Food Products | 0.5 | 3,276 | ||||||
Health Care Equipment & Supplies | 0.5 | 2,950 | ||||||
Pharmaceuticals | 0.4 | 2,733 | ||||||
Containers & Packaging | 0.4 | 2,689 | ||||||
Capital Markets | 0.4 | 2,664 | ||||||
Multiline Retail | 0.4 | 2,406 | ||||||
Multi-Utilities | 0.3 | 2,065 | ||||||
Life Sciences Tools & Services | 0.3 | 2,007 | ||||||
Chemicals | 0.2 | 1,523 | ||||||
Wireless Telecommunication Services | 0.2 | 1,004 | ||||||
Tobacco | 0.1 | 916 | ||||||
Aerospace & Defense | 0.1 | 784 | ||||||
Professional Services | 0.1 | 450 | ||||||
Thrifts & Mortgage Finance | 0.0 | 298 | ||||||
Insurance | 0.0 | 185 | ||||||
Media | 0.0 | 75 | ||||||
Investment Securities, at Value | 90.4 | 571,250 | ||||||
Short-Term Investments | 9.6 | 60,542 | ||||||
Total Investments | 100.0 | % | $ | 631,792 | ||||
Transamerica Funds | Annual Report 2010 |
Page 108
Table of Contents
SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Λ | All or a portion of this security is on loan. The value of all securities on loan is $47,443. | |
* | Floating or variable rate note. Rate is listed as of 10/29/2010. | |
Ž | The security has a perpetual maturity. The date shown is the next call date. | |
Џ | In default. | |
‡ | Non-income producing security. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
§ | Illiquid. These securities aggregated to $8,318, or 1.40%, of the fund’s net assets. | |
# | Aggregate cost for federal income tax purposes is $577,380. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $61,929 and $7,517, respectively. Net unrealized appreciation for tax purposes is $54,412. | |
DEFINITIONS: | ||
144A | 144A Securities are registered pursuant to Rule 144A of the Securities Act of 1933. These securities are deemed to be liquid for purposes of compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At 10/31/2010, these securities aggregated $68,090, or 11.46%, of the fund’s net assets. | |
AUD | Australian Dollar | |
BRL | Brazilian Real | |
CAD | Canadian Dollar | |
COP | Columbian Peso | |
IDR | Indonesian Rupiah | |
INR | Indian Rupee | |
KRW | South Korean Won | |
MXN | Mexican Peso | |
MYR | Malaysian Riggit | |
NZD | New Zealand Dollar | |
PHP | Philippines Peso | |
REIT | Real Estate Investment Trust (includes domestic REITs and Foreign Real Estate Investment Companies) | |
SGD | Singapore Dollar |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Asset-Backed Securities | $ | — | $ | 26,582 | $ | — | $ | 26,582 | ||||||||
Common Stocks | 311 | — | — | 311 | ||||||||||||
Convertible Bonds | — | 55,964 | — | 55,964 | ||||||||||||
Convertible Preferred Stocks | 6,843 | — | — | 6,843 | ||||||||||||
Corporate Debt Securities | — | 273,733 | — | 273,733 | ||||||||||||
Foreign Government Obligations | — | 111,139 | — | 111,139 | ||||||||||||
Loan Assignments | — | 3,510 | — | 3,510 | ||||||||||||
Mortgage-Backed Securities | — | 42,578 | — | 42,578 | ||||||||||||
Preferred Corporate Debt Securities | — | 5,804 | — | 5,804 | ||||||||||||
Preferred Stocks | 5,085 | — | — | 5,085 | ||||||||||||
Repurchase Agreement | — | 12,109 | — | 12,109 | ||||||||||||
Securities Lending Collateral | 48,433 | — | — | 48,433 | ||||||||||||
Structured Note Debts | — | 5,998 | — | 5,998 | ||||||||||||
U.S. Government Obligations | — | 33,703 | — | 33,703 | ||||||||||||
Total | $ | 60,672 | $ | 571,120 | $ | — | $ | 631,792 | ||||||||
Transamerica Funds | Annual Report 2010 |
Page 109
Table of Contents
(formerly, Transamerica Van Kampen Emerging Markets Debt)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
FOREIGN GOVERNMENT OBLIGATIONS - 73.5% | ||||||||
Argentina - 4.4% | ||||||||
Republic of Argentina | ||||||||
1.33%, 12/31/2038 ^ | $ | 2,310 | $ | 1,058 | ||||
7.00%, 10/03/2015 | 10,852 | 10,374 | ||||||
8.28%, 12/31/2033 ^ | 2,072 | 1,966 | ||||||
Belarus - 0.3% | ||||||||
Republic of Belarus | ||||||||
8.75%, 08/03/2015 - Reg S | 740 | 759 | ||||||
Brazil - 8.2% | ||||||||
Banco Nacional de Desenvolvimento Economico e Social | ||||||||
5.50%, 07/12/2020 - 144A | 2,970 | 3,208 | ||||||
6.37%, 06/16/2018 - 144A | 2,020 | 2,318 | ||||||
Republic of Brazil | ||||||||
5.88%, 01/15/2019 ^ | 3,640 | 4,321 | ||||||
7.13%, 01/20/2037 | 970 | 1,280 | ||||||
8.00%, 01/15/2018 ^ | 4,043 | 4,885 | ||||||
8.88%, 10/14/2019 - 04/15/2024 | 4,833 | 6,929 | ||||||
11.00%, 08/17/2040 ^ | 1,300 | 1,821 | ||||||
Colombia - 3.4% | ||||||||
Republic of Colombia | ||||||||
7.38%, 03/18/2019 | 4,020 | 5,135 | ||||||
11.75%, 02/25/2020 ^ | 3,160 | 5,072 | ||||||
Croatia - 0.6% | ||||||||
Republic of Croatia | ||||||||
6.63%, 07/14/2020 - 144A ^ | 1,630 | 1,845 | ||||||
Dominican Republic - 0.6% | ||||||||
Republic of The Dominican Republic | ||||||||
7.50%, 05/06/2021 - 144A ^ | 720 | 824 | ||||||
9.04%, 01/23/2018 - Reg S | 743 | 893 | ||||||
Ecuador - 0.9% | ||||||||
Republic of Ecuador | ||||||||
9.38%, 12/15/2015 - Reg S | 2,870 | 2,612 | ||||||
Georgia - 0.5% | ||||||||
Republic of Georgia | ||||||||
7.50%, 04/15/2013 | 1,390 | 1,456 | ||||||
Ghana - 1.2% | ||||||||
Republic of Ghana | ||||||||
8.50%, 10/04/2017 - 144A ^ | 2,596 | 2,966 | ||||||
8.50%, 10/04/2017 - Reg S | 540 | 618 | ||||||
Indonesia - 5.7% | ||||||||
Republic of Indonesia | ||||||||
6.88%, 01/17/2018 - 144A | 2,710 | 3,269 | ||||||
7.75%, 01/17/2038 - 144A | 4,531 | 6,094 | ||||||
7.75%, 01/17/2038 - Reg S | 893 | 1,201 | ||||||
11.63%, 03/04/2019 - Reg S | 4,250 | 6,588 | ||||||
Ivory Coast - 0.7% | ||||||||
Republic of The Ivory Coast | ||||||||
2.50%, 12/31/2032 - Reg S | 3,479 | 2,140 | ||||||
Lithuania - 1.2% | ||||||||
Lithuania Government International Bond | ||||||||
7.38%, 02/11/2020 - Reg S ^ | 1,370 | 1,596 | ||||||
Republic of Lithuania | ||||||||
6.75%, 01/15/2015 - 144A | 1,810 | 2,018 | ||||||
Mexico - 4.6% | ||||||||
United Mexican States | ||||||||
5.63%, 01/15/2017 | 2,020 | 2,336 | ||||||
5.95%, 03/19/2019 | 860 | 1,020 | ||||||
6.05%, 01/11/2040 | 2,750 | 3,163 | ||||||
6.75%, 09/27/2034 ^ | 5,887 | 7,270 | ||||||
Pakistan - 0.4% | ||||||||
Republic of Pakistan | ||||||||
6.88%, 06/01/2017 - Reg S | 1,330 | 1,207 | ||||||
Panama - 2.5% | ||||||||
Republic of Panama | ||||||||
5.20%, 01/30/2020 | 3,420 | 3,881 | ||||||
8.88%, 09/30/2027 ^ | 1,694 | 2,528 | ||||||
9.38%, 04/01/2029 ^ | 700 | 1,075 | ||||||
Peru - 4.5% | ||||||||
Republic of Peru | ||||||||
7.13%, 03/30/2019 ^ | 1,890 | 2,400 | ||||||
7.35%, 07/21/2025 | 2,300 | 3,053 | ||||||
8.75%, 11/21/2033 ^ | 5,351 | 8,177 | ||||||
Philippines - 4.4% | ||||||||
Republic of The Philippines | ||||||||
4.00%, 01/15/2021 ^ | 6,993 | 6,993 | ||||||
8.38%, 06/17/2019 ^ | 1,841 | 2,455 | ||||||
8.88%, 03/17/2015 ^ | 771 | 985 | ||||||
9.50%, 02/02/2030 | 1,796 | 2,741 | ||||||
Russian Federation - 8.5% | ||||||||
Russian Federation | ||||||||
7.50%, 03/31/2030 - Reg S * | 6,286 | 7,543 | ||||||
12.75%, 06/24/2028 - Reg S | 4,470 | 8,169 | ||||||
Russian Foreign Bond — Eurobond | ||||||||
5.00%, 04/29/2020 - Reg S | 10,000 | 10,410 | ||||||
Senegal - 0.2% | ||||||||
Republic of Senegal | ||||||||
8.75%, 12/22/2014 | 680 | 697 | ||||||
South Africa - 0.3% | ||||||||
Republic of South Africa | ||||||||
5.50%, 03/09/2020 ^ | 910 | 1,031 | ||||||
Sri Lanka - 0.2% | ||||||||
Republic of Sri Lanka | ||||||||
6.25%, 10/04/2020 - 144A ^ | 680 | 706 | ||||||
Turkey - 11.1% | ||||||||
Republic of Turkey | ||||||||
5.63%, 03/30/2021 | 6,000 | 6,706 | ||||||
6.75%, 05/30/2040 | 2,920 | 3,460 | ||||||
6.88%, 03/17/2036 ^ | 8,214 | 9,878 | ||||||
7.00%, 03/11/2019 | 4,170 | 5,103 | ||||||
7.50%, 11/07/2019 ^ | 5,000 | 6,325 | ||||||
8.00%, 02/14/2034 ^ | 1,720 | 2,313 | ||||||
Ukraine - 4.4% | ||||||||
Republic of Ukraine | ||||||||
6.58%, 11/21/2016 - Reg S | 5,882 | 5,779 | ||||||
6.75%, 11/14/2017 - Reg S | 3,470 | 3,418 | ||||||
7.65%, 06/11/2013 - Reg S | 2,146 | 2,217 | ||||||
7.75%, 09/23/2020 - 144A | 1,780 | 1,798 | ||||||
Uruguay - 0.4% | ||||||||
Republic of Uruguay | ||||||||
8.00%, 11/18/2022 | 953 | 1,282 | ||||||
Venezuela - 4.3% | ||||||||
Republic of Venezuela | ||||||||
5.75%, 02/26/2016 - Reg S | 3,400 | 2,423 | ||||||
6.00%, 12/09/2020 - Reg S | 1,940 | 1,156 | ||||||
7.00%, 03/31/2038 - Reg S | 2,907 | 1,628 | ||||||
7.65%, 04/21/2025 | 4,700 | 2,857 | ||||||
9.00%, 05/07/2023 - Reg S | 1,340 | 920 | ||||||
9.25%, 09/15/2027 ^ | 1,070 | 781 |
The notes to the financial statements are an integral part of this report. | ||
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(formerly, Transamerica Van Kampen Emerging Markets Debt)
At October 31, 2010
(all amounts except share amounts in thousands)
Principal | Value | |||||||
Venezuela (continued) | ||||||||
9.25%, 05/07/2028 - Reg S | $ | 3,035 | $ | 2,012 | ||||
10.75%, 09/19/2013 ^ | 1,180 | 1,139 | ||||||
Total Foreign Government Obligations (cost $195,258) | $ | 222,281 | ||||||
CORPORATE DEBT SECURITIES - 15.0% | ||||||||
Kazakhstan - 3.6% | ||||||||
KazMunaiGaz Finance Sub BV | ||||||||
7.00%, 05/05/2020 - 144A | 2,236 | 2,377 | ||||||
9.13%, 07/02/2018 - 144A | 7,130 | 8,577 | ||||||
Luxembourg - 0.4% | ||||||||
Severstal OAO Via Steel Capital SA | ||||||||
6.70%, 10/25/2017 - 144A ^ | 1,222 | 1,217 | ||||||
Mexico - 5.5% | ||||||||
Pemex Project Funding Master Trust | ||||||||
6.63%, 06/15/2035 ^ | 5,173 | 5,749 | ||||||
8.63%, 12/01/2023 | 1,750 | 2,102 | ||||||
Petroleos Mexicanos | ||||||||
5.50%, 01/21/2021 ^ | 5,790 | 6,294 | ||||||
8.00%, 05/03/2019 ^ | 2,097 | 2,695 | ||||||
Netherlands - 1.9% | ||||||||
Intergas Finance BV | ||||||||
6.38%, 05/14/2017 - Reg S | 900 | 981 | ||||||
Majapahit Holding BV | ||||||||
7.75%, 01/20/2020 - Reg S | 3,000 | 3,675 | ||||||
Pindo Deli Finance BV -Class C | ||||||||
0.00%, 04/28/2025 - Reg S * Џ § | 1,500 | 26 | ||||||
1.00%, 04/28/2025 - 144A * Џ § | 9,415 | 165 | ||||||
2.29%, 04/28/2015 - Reg S * Џ § | 297 | 43 | ||||||
3.29%, 04/28/2018 - Reg S * Џ § | 1,500 | 158 | ||||||
3.29%, 04/28/2015 - 04/28/2018 144A * Џ § | 150 | 16 | ||||||
Tjiwi Kimia Finance BV -Class B | ||||||||
0.00%, 04/28/2027 - 144A * Џ § | 1,045 | 31 | ||||||
3.29%, 04/28/2015 - Reg S * Џ § | 988 | 148 | ||||||
3.29%, 04/28/2015 - 04/28/2018 144A * Џ § | 2,148 | 258 | ||||||
3.29%, 04/30/2018 - Reg S * Џ § | 1,000 | 120 | ||||||
4.94%, 04/28/2027 - Reg S * Џ § | 1,500 | 45 | ||||||
Russian Federation - 2.2% | ||||||||
Russian Agricultural Bank OJSC Via RSHB Capital SA | ||||||||
6.30%, 05/15/2017 - 144A | 1,527 | 1,611 | ||||||
7.18%, 05/16/2013 - Reg S | 450 | 483 | ||||||
7.18%, 05/16/2013 - 144A | 4,130 | 4,430 | ||||||
Singapore - 0.5% | ||||||||
Bumi Investment Pte, Ltd. | ||||||||
10.75%, 10/06/2017 - 144A | 1,550 | 1,617 | ||||||
United States - 0.3% | ||||||||
Reliance Holdings USA, Inc. | ||||||||
6.25%, 10/19/2040 - 144A ^ | 850 | 842 | ||||||
Virgin Islands, British - 0.6% | ||||||||
Gerdau Trade, Inc. | ||||||||
5.75%, 01/30/2021 - 144A ^ | 1,780 | 1,845 | ||||||
Total Corporate Debt Securities (cost $48,879) | 45,505 | |||||||
Shares | Value | |||||||
SECURITIES LENDING COLLATERAL - 15.8% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 47,767,163 | $ | 47,767 | |||||
Total Securities Lending Collateral (cost $47,767) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 5.3% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $15,996 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, with a value of $16,318. | $ | 15,996 | 15,996 | |||||
Total Repurchase Agreement (cost $15,996) | ||||||||
Total Investment Securities (cost $307,900) # | 331,549 | |||||||
Other Assets and Liabilities — Net | (28,973 | ) | ||||||
Net Assets | $ | 302,576 | ||||||
The notes to the financial statements are an integral part of this report. | ||
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(formerly, Transamerica Van Kampen Emerging Markets Debt)
At October 31, 2010
(all amounts in thousands)
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited): | Total Investments | Value | ||||||
Foreign Government Obligation | 67.0 | % | $ | 222,281 | ||||
Oil, Gas & Consumable Fuels | 8.6 | 28,636 | ||||||
Diversified Financial Services | 2.5 | 8,141 | ||||||
Electric Utilities | 1.1 | 3,675 | ||||||
Metals & Mining | 0.9 | 3,062 | ||||||
Paper & Forest Products | 0.3 | 1,010 | ||||||
Gas Utilities | 0.3 | 981 | ||||||
Investment Securities, at Value | 80.8 | 267,786 | ||||||
Short-Term Investments | 19.2 | 63,763 | ||||||
Total Investments | 100.0 | % | $ | 331,549 | ||||
NOTES TO SCHEDULE OF INVESTMENTS: | ||
^ | All or a portion of this security is on loan. The value of all securities on loan is $46,793. | |
* | Floating or variable rate note. Rate is listed as of 10/29/2010. | |
Џ | In default. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
§ | Illiquid. These securities aggregated to $1,010, or 0.33%, of the fund’s net assets. | |
# | Aggregate cost for federal income tax purposes is $311,612. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $27,352 and $7,415, respectively. Net unrealized appreciation for tax purposes is $19,937. |
144A | 144A Securities are registered pursuant to Rule 144A of the Securities Act of 1933. These securities are deemed to be liquid for purposes of compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At 10/31/2010, these securities aggregated $48,032, or 15.87%, of the fund’s net assets. |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Corporate Debt Securities | $ | — | $ | 45,271 | $ | 234 | $ | 45,505 | ||||||||
Foreign Government Obligations | — | 222,281 | — | 222,281 | ||||||||||||
Repurchase Agreement | — | 15,996 | — | 15,996 | ||||||||||||
Securities Lending Collateral | 47,767 | — | — | 47,767 | ||||||||||||
Total | $ | 47,767 | $ | 283,548 | $ | 234 | $ | 331,549 | ||||||||
Beginning | Net Transfers | Ending | ||||||||||||||||||||||||||
Balance at | Net | Accrued | Total Realized | Change in Unrealized | In/(Out) of | Balance at | ||||||||||||||||||||||
Securities | 10/31/2009 | Purchases/(Sales) | Discounts/(Premiums) | Gain/(Loss) | Appreciation/(Depreciation) | Level 3 | 10/31/2010 | |||||||||||||||||||||
Corporate Debt Securities | $ | 831 | $ | — | $ | 29 | $ | — | $ | 150 | $ | (776 | ) | $ | 234 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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(formerly, Transamerica Van Kampen Mid-Cap Growth)
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 98.7% | ||||||||
Air Freight & Logistics - 3.6% | ||||||||
CH Robinson Worldwide, Inc. ^ | 60,256 | $ | 4,247 | |||||
Expeditors International of Washington, Inc. ^ | 128,567 | 6,346 | ||||||
Automobiles - 0.6% | ||||||||
Better Place ‡ Ə § D | 555,742 | 1,667 | ||||||
Beverages - 1.1% | ||||||||
Coca-Cola Enterprises, Inc. | 128,492 | 3,085 | ||||||
Capital Markets - 2.9% | ||||||||
Calamos Asset Management, Inc. — Class A ^ | 86,672 | 1,039 | ||||||
Greenhill & Co., Inc. ^ | 56,541 | 4,392 | ||||||
T. Rowe Price Group, Inc. ^ | 56,669 | 3,132 | ||||||
Chemicals - 4.6% | ||||||||
Intrepid Potash, Inc. ‡ ^ | 156,589 | 5,377 | ||||||
Nalco Holding Co. ^ | 152,176 | 4,288 | ||||||
Rockwood Holdings, Inc. ‡ ^ | 108,350 | 3,675 | ||||||
Commercial Services & Supplies - 5.3% | ||||||||
Covanta Holding Corp. ^ | 240,304 | 3,792 | ||||||
Edenred ‡ | 353,419 | 7,403 | ||||||
Stericycle, Inc. ‡ ^ | 60,684 | 4,353 | ||||||
Computers & Peripherals - 2.7% | ||||||||
Teradata Corp. ‡ ^ | 203,155 | 7,996 | ||||||
Construction Materials - 1.3% | ||||||||
Martin Marietta Materials, Inc. ^ | 46,800 | 3,766 | ||||||
Distributors - 0.3% | ||||||||
Li & Fung, Ltd. | 194,000 | 1,022 | ||||||
Diversified Consumer Services - 1.5% | ||||||||
New Oriental Education & Technology Group ADR ‡ ^ | 41,568 | 4,463 | ||||||
Diversified Financial Services - 5.8% | ||||||||
IntercontinentalExchange, Inc. ‡ ^ | 37,485 | 4,306 | ||||||
Leucadia National Corp. ‡ ^ | 178,117 | 4,528 | ||||||
Moody’s Corp. ^ | 48,335 | 1,308 | ||||||
MSCI, Inc. — Class A ‡ ^ | 190,033 | 6,812 | ||||||
Electrical Equipment - 0.9% | ||||||||
First Solar, Inc. ‡ ^ | 19,880 | 2,737 | ||||||
Food Products - 2.4% | ||||||||
Mead Johnson Nutrition Co. — Class A | 120,265 | 7,074 | ||||||
Health Care Equipment & Supplies - 4.1% | ||||||||
Gen-Probe, Inc. ‡ ^ | 91,204 | 4,417 | ||||||
Idexx Laboratories, Inc. ‡ ^ | 59,920 | 3,593 | ||||||
Intuitive Surgical, Inc. ‡ ^ | 15,406 | 4,051 | ||||||
Hotels, Restaurants & Leisure - 8.9% | ||||||||
Betfair Group PLC ‡ | 60,335 | 1,387 | ||||||
Chipotle Mexican Grill, Inc. — Class A ‡ ^ | 23,973 | 5,039 | ||||||
Ctrip.com International, Ltd. ADR ‡ | 191,846 | 9,990 | ||||||
Wynn Resorts, Ltd. ^ | 89,474 | 9,590 | ||||||
Household Durables - 1.9% | ||||||||
Gafisa SA ADR | 172,406 | 2,895 | ||||||
NVR, Inc. ‡ ^ | 4,390 | 2,754 | ||||||
Internet & Catalog Retail - 6.0% | ||||||||
NetFlix, Inc. ‡ ^ | 43,076 | 7,474 | ||||||
priceline.com, Inc. ‡ ^ | 26,987 | 10,170 | ||||||
Internet Software & Services - 2.5% | ||||||||
Akamai Technologies, Inc. ‡ ^ | 81,279 | 4,200 | ||||||
Alibaba.com, Ltd. ‡ | 1,658,200 | 3,226 | ||||||
IT Services - 1.5% | ||||||||
Gartner, Inc. ‡ ^ | 135,497 | 4,294 | ||||||
Redecard SA | 16,478 | 213 | ||||||
Life Sciences Tools & Services - 4.2% | ||||||||
Illumina, Inc. ‡ ^ | 154,847 | 8,410 | ||||||
Techne Corp. ^ | 62,267 | 3,793 | ||||||
Machinery - 2.0% | ||||||||
Schindler Holding AG | 54,190 | 5,810 | ||||||
Media - 3.9% | ||||||||
Discovery Communications, Inc. — Series C ‡ | 78,087 | 3,034 | ||||||
Groupe Aeroplan, Inc. | 229,934 | 2,796 | ||||||
Naspers, Ltd. — Class N | 107,753 | 5,658 | ||||||
Metals & Mining - 1.7% | ||||||||
Lynas Corp., Ltd. ‡ | 1,221,554 | 1,753 | ||||||
Molycorp, Inc. ‡ | 92,862 | 3,287 | ||||||
Multiline Retail - 2.1% | ||||||||
Dollar Tree, Inc. ‡ ^ | 85,969 | 4,411 | ||||||
Sears Holdings Corp. ‡ ^ | 22,886 | 1,647 | ||||||
Oil, Gas & Consumable Fuels - 3.9% | ||||||||
Petrohawk Energy Corp. ‡ | 61,113 | 1,040 | ||||||
Range Resources Corp. ^ | 107,867 | 4,033 | ||||||
Ultra Petroleum Corp. ‡ ^ | 156,911 | 6,457 | ||||||
Personal Products - 1.1% | ||||||||
Natura Cosmeticos SA | 115,400 | 3,305 | ||||||
Pharmaceuticals - 0.7% | ||||||||
Ironwood Pharmaceuticals, Inc. ‡ | 54,887 | 614 | ||||||
Ironwood Pharmaceuticals, Inc. — Class A ‡ ^ | 126,794 | 1,419 | ||||||
Professional Services - 6.0% | ||||||||
IHS, Inc. — Class A ‡ ^ | 60,207 | 4,349 | ||||||
Intertek Group PLC | 226,053 | 6,720 | ||||||
Verisk Analytics, Inc. — Class A ‡ ^ | 215,440 | 6,422 | ||||||
Semiconductors & Semiconductor Equipment - 0.9% | ||||||||
ARM Holdings PLC ADR ^ | 147,308 | 2,604 | ||||||
Software - 11.5% | ||||||||
Autodesk, Inc. ‡ ^ | 106,817 | 3,865 | ||||||
Citrix Systems, Inc. ‡ | 39,479 | 2,529 | ||||||
FactSet Research Systems, Inc. ^ | 51,645 | 4,533 | ||||||
Red Hat, Inc. ‡ ^ | 124,363 | 5,256 | ||||||
Rovi Corp. ‡ ^ | 58,293 | 2,953 | ||||||
Salesforce.com, Inc. ‡ ^ | 62,943 | 7,305 | ||||||
Solera Holdings, Inc. ^ | 142,654 | 6,855 | ||||||
Trading Companies & Distributors - 1.3% | ||||||||
Fastenal Co. ^ | 74,949 | 3,858 | ||||||
Wireless Telecommunication Services - 1.5% | ||||||||
Millicom International Cellular SA | 44,907 | 4,248 | ||||||
Total Common Stocks (cost $218,406) | 289,065 | |||||||
SECURITIES LENDING COLLATERAL - 25.4% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 74,283,962 | 74,284 | ||||||
Total Securities Lending Collateral (cost $74,284) |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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(formerly, Transamerica Van Kampen Mid-Cap Growth)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
REPURCHASE AGREEMENT - 2.1% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $6,008 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $6,130. | $ | 6,008 | $ | 6,008 | ||||
Total Repurchase Agreement (cost $6,008) | ||||||||
Total Investment Securities (cost $298,698) # | 369,357 | |||||||
Other Assets and Liabilities — Net | (76,782 | ) | ||||||
Net Assets | $ | 292,575 | ||||||
NOTES TO SCHEDULE OF INVESTMENTS: | ||
^ | All or a portion of this security is on loan. The value of all securities on loan is $72,653. | |
Ə | Security fair valued as determined in good faith in accordance with procedures established by the Board of Trustees. This security had a market value of $1,667, or 0.57%, of the fund’s net assets. | |
‡ | Non-income producing security. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
§ | Illiquid. This security aggregated to $1,667, or 0.57%, of the fund’s net assets. | |
D | Restricted Security. At 10/31/2010, the fund owned the following security (representing 0.57% of net assets) which was restricted as to public resale. |
Description | Date of Acquisition | Shares | Cost | Value | Price¥ | |||||||||||||||
Better Place | 01/25/2010 | 555,742 | $ | 1,667 | $ | 1,667 | $ | 3.00 |
¥ | Price not rounded to thousands. | |
# | Aggregate cost for federal income tax purposes is $299,051. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $76,474 and $6,168, respectively. Net unrealized appreciation for tax purposes is $70,306. |
ADR | American Depositary Receipt |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 250,179 | $ | 37,219 | $ | 1,667 | $ | 289,065 | ||||||||
Repurchase Agreement | — | 6,008 | — | 6,008 | ||||||||||||
Securities Lending Collateral | 74,284 | — | — | 74,284 | ||||||||||||
Total | $ | 324,463 | $ | 43,227 | $ | 1,667 | $ | 369,357 | ||||||||
Beginning | Net Transfers | Ending | ||||||||||||||||||||||||||
Balance at | Net | Accrued | Total Realized | Change in Unrealized | In/(Out) of | Balance at | ||||||||||||||||||||||
Securities | 10/31/2009 | Purchases/(Sales) | Discounts/(Premiums) | Gain/(Loss) | Appreciation/(Depreciation) | Level 3 | 10/31/2010 | |||||||||||||||||||||
Common Stocks | $ | 659 | $ | 1,667 | $ | — | $ | — | $ | 50 | $ | (709 | ) | $ | 1,667 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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(formerly, Transamerica Van Kampen Small Company Growth)
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
PREFERRED STOCKS - 2.3% | ||||||||
Biotechnology - 0.3% | ||||||||
Pacific Bioscience ‡ Ə § D | 63,479 | $ | 480 | |||||
Internet Software & Services - 1.1% | ||||||||
Twitter, Inc. ‡ Ə § D | 41,309 | 660 | ||||||
Xoom, Inc. ‡ Ə § D | 264,130 | 528 | ||||||
Youku.com, Inc. Ə § D | 1,712,512 | 852 | ||||||
IT Services - 0.3% | ||||||||
Ning, Inc. ‡ Ə § D | 108,208 | 630 | ||||||
Pharmaceuticals - 0.6% | ||||||||
Microbia, Inc. ‡ | 96,357 | 1,078 | ||||||
Total Preferred Stocks (cost $4,089) | 4,228 | |||||||
COMMON STOCKS - 94.8% | ||||||||
Automobiles - 0.5% | ||||||||
Better Place ‡ Ə § D | 289,277 | 868 | ||||||
Capital Markets - 4.4% | ||||||||
Capital Southwest Corp. | 4,708 | 455 | ||||||
CETIP SA — Balcao Organizado de Ativos e Derivativos | 99,400 | 1,055 | ||||||
Greenhill & Co., Inc. ^ | 80,368 | 6,242 | ||||||
Chemicals - 3.9% | ||||||||
Intrepid Potash, Inc. ‡ ^ | 98,056 | 3,366 | ||||||
Rockwood Holdings, Inc. ‡ | 112,558 | 3,819 | ||||||
Commercial Services & Supplies - 1.4% | ||||||||
Covanta Holding Corp. ^ | 157,921 | 2,492 | ||||||
Construction Materials - 3.3% | ||||||||
Eagle Materials, Inc. ^ | 141,431 | 3,318 | ||||||
Texas Industries, Inc. ^ | 76,712 | 2,621 | ||||||
Distributors - 0.2% | ||||||||
Li & Fung, Ltd. | 78,975 | 417 | ||||||
Diversified Financial Services - 4.0% | ||||||||
MSCI, Inc. — Class A ‡ | 176,676 | 6,334 | ||||||
Pico Holdings, Inc. ‡ ^ | 32,502 | 999 | ||||||
Diversified Telecommunication Services - 1.2% | ||||||||
Cogent Communications Group, Inc. ‡ ^ | 205,235 | 2,227 | ||||||
Electric Utilities - 5.0% | ||||||||
Brookfield Infrastructure Partners, LP ^ | 257,779 | 5,452 | ||||||
Prime AET&D Holdings No. 1 Pty, Ltd. ‡ Ə | 737,572 | ♦ | ||||||
Prime Infrastructure Group | 737,572 | 3,598 | ||||||
Health Care Equipment & Supplies - 1.9% | ||||||||
Gen-Probe, Inc. ‡ ^ | 70,810 | 3,429 | ||||||
Health Care Providers & Services - 1.1% | ||||||||
Castlight Health, Inc. ‡ Ə § D | 193,841 | 797 | ||||||
HMS Holdings Corp. ‡ | 11,857 | 712 | ||||||
LCA-Vision, Inc. ‡ | 65,744 | 458 | ||||||
Health Care Technology - 3.4% | ||||||||
Athenahealth, Inc. ‡ ^ | 111,011 | 4,438 | ||||||
MedAssets, Inc. ‡ ^ | 99,612 | 1,847 | ||||||
Hotels, Restaurants & Leisure - 9.7% | ||||||||
Ambassadors Group, Inc. ^ | 61,949 | 687 | ||||||
BJ’s Restaurants, Inc. ‡ ^ | 108,237 | 3,588 | ||||||
Country Style Cooking Restaurant Chain Co., Ltd. ADR ‡ | 34,025 | 1,006 | ||||||
Gaylord Entertainment Co. ‡ ^ | 41,635 | 1,388 | ||||||
PF Chang’s China Bistro, Inc. ^ | 144,569 | 6,639 | ||||||
Vail Resorts, Inc. ‡ ^ | 107,586 | 4,364 | ||||||
Household Durables - 4.3% | ||||||||
Brookfield Incorporacoes SA | 536,876 | 2,924 | ||||||
Gafisa SA ADR ^ | 204,283 | 3,429 | ||||||
iRobot Corp. ‡ ^ | 73,019 | 1,525 | ||||||
Insurance - 2.5% | ||||||||
Greenlight Capital Re, Ltd. - Class A ‡ ^ | 161,772 | 4,620 | ||||||
Internet & Catalog Retail - 4.1% | ||||||||
Blue Nile, Inc. ‡ ^ | 111,577 | 4,752 | ||||||
DeNA Co., Ltd. ^ | 60,200 | 1,558 | ||||||
MakeMyTrip, Ltd. ‡ ^ | 31,278 | 1,131 | ||||||
Internet Software & Services - 9.0% | ||||||||
comScore, Inc. ‡ ^ | 55,600 | 1,307 | ||||||
GSI Commerce, Inc. ‡ ^ | 129,636 | 3,166 | ||||||
Mercadolibre, Inc. ‡ ^ | 55,521 | 3,672 | ||||||
Opentable, Inc. ‡ ^ | 85,351 | 5,235 | ||||||
VistaPrint NV ‡ | 61,130 | 2,572 | ||||||
IT Services - 4.1% | ||||||||
Acxiom Corp. ‡ | 173,802 | 3,050 | ||||||
Forrester Research, Inc. ‡ ^ | 118,976 | 3,934 | ||||||
Information Services Group, Inc. ‡ ^ | 246,520 | 459 | ||||||
Leisure Equipment & Products - 1.7% | ||||||||
Universal Entertainment Corp. ‡ | 120,700 | 3,028 | ||||||
Life Sciences Tools & Services - 3.3% | ||||||||
Techne Corp. ^ | 97,463 | 5,937 | ||||||
Media - 0.1% | ||||||||
Lakes Entertainment, Inc. ‡ ^ | 61,344 | 144 | ||||||
Metals & Mining - 3.9% | ||||||||
Lynas Corp., Ltd. ‡ | 4,896,796 | 7,027 | ||||||
Oil, Gas & Consumable Fuels - 2.5% | ||||||||
Atlas Energy, Inc. ‡ | 121,045 | 3,525 | ||||||
Brigham Exploration Co. ‡ ^ | 49,260 | 1,039 | ||||||
Pharmaceuticals - 0.4% | ||||||||
Ironwood Pharmaceuticals, Inc. — Class A ‡ | 70,549 | 789 | ||||||
Professional Services - 7.8% | ||||||||
Advisory Board Co. ‡ ^ | 115,990 | 5,430 | ||||||
Corporate Executive Board Co. | 119,719 | 3,740 | ||||||
CoStar Group, Inc. ‡ ^ | 99,620 | 4,947 | ||||||
Real Estate Management & Development - 0.3% | ||||||||
Consolidated-Tomoka Land Co. ^ | 13,702 | 360 | ||||||
Market Leader, Inc. ‡ ^ | 109,204 | 213 | ||||||
Semiconductors & Semiconductor Equipment - 1.9% | ||||||||
Tessera Technologies, Inc. ‡ | 175,968 | 3,472 | ||||||
Software - 6.5% | ||||||||
Blackboard, Inc. ‡ ^ | 51,125 | 2,134 | ||||||
Longtop Financial Technologies, Ltd. ADR ‡ ^ | 54,871 | 1,994 | ||||||
Netsuite, Inc. ‡ | 57,661 | 1,181 | ||||||
Solera Holdings, Inc. | 117,185 | 5,631 | ||||||
Successfactors, Inc. ‡ ^ | 34,588 | 938 | ||||||
Specialty Retail - 1.0% | ||||||||
Citi Trends, Inc. ‡ ^ | 89,333 | 1,874 | ||||||
Textiles, Apparel & Luxury Goods - 1.4% | ||||||||
Lululemon Athletica, Inc. ‡ ^ | 59,016 | 2,616 | ||||||
Total Common Stocks (cost $136,839) | 171,969 | |||||||
The notes to the financial statements are an integral part of this report. | ||
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(formerly, Transamerica Van Kampen Small Company Growth)
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
SECURITIES LENDING COLLATERAL - 15.5% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 28,042,700 | $ | 28,043 | |||||
Total Securities Lending Collateral (cost $28,043) | ||||||||
Principal | Value | |||||||
REPURCHASE AGREEMENT - 3.3% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $6,004 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/25/2024, and with a value of $6,126. | $ | 6,004 | 6,004 | |||||
Total Repurchase Agreement (cost $6,004) | ||||||||
Total Investment Securities (cost $174,975) # | 210,244 | |||||||
Other Assets and Liabilities — Net | (28,784 | ) | ||||||
Net Assets | $ | 181,460 | ||||||
NOTES TO SCHEDULE OF INVESTMENTS: | ||
▲ | Rate shown reflects the yield at 10/29/2010. | |
Ə | Securities fair valued as determined in good faith in accordance with procedures established by the Board of Trustees. These securities had a total market value of $4,815, or 2.65%, of the fund’s net assets. | |
§ | Illiquid. These securities aggregated to $4,815, or 2.65%, of the fund’s net assets. | |
‡ | Non-income producing security. | |
^ | All or a portion of this security is on loan. The value of all securities on loan is $27,355. | |
♦ | Value is less than $1. | |
D | Restricted Securities. At 10/31/2010, the fund owned the following securities which were restricted as to public resale. These securities aggregated a total of 4,815, or 2.65%, of net assets. |
Description | Date of Acquisition | Shares | Cost | Value | Price¥ | |||||||||||||||
Pacific Bioscience | 07/11/2008 | 63,479 | $ | 444 | $ | 480 | $ | 7.56 | ||||||||||||
Twitter, Inc. | 09/24/2009 | 41,309 | 660 | 660 | 15.98 | |||||||||||||||
Xoom, Inc. | 02/23/2010 | 264,130 | 757 | 528 | 2.00 | |||||||||||||||
Ning, Inc. | 03/19/2008 | 108,208 | 774 | 630 | 5.82 | |||||||||||||||
Better Place | 01/25/2010 | 289,277 | 868 | 868 | 3.00 | |||||||||||||||
Castlight Health, Inc. | 06/04/2010 | 193,841 | 797 | 797 | 4.11 | |||||||||||||||
Youku.com, Inc. | 09/16/2010 | 1,712,512 | 852 | 852 | 0.50 |
¥ | Price not rounded to thousands. | |
# | Aggregate cost for federal income tax purposes is $178,308. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $38,691 and $6,755, respectively. Net unrealized appreciation for tax purposes is $31,936. |
ADR | American Depositary Receipt |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 150,973 | $ | 19,331 | $ | 1,665 | $ | 171,969 | ||||||||
Preferred Stocks | 1,078 | — | 3,150 | 4,228 | ||||||||||||
Repurchase Agreement | — | 6,004 | — | 6,004 | ||||||||||||
Securities Lending Collateral | 28,043 | — | — | 28,043 | ||||||||||||
Total | $ | 180,094 | $ | 25,335 | $ | 4,815 | $ | 210,244 | ||||||||
Beginning | Net Transfers | Ending | ||||||||||||||||||||||||||
Balance at | Net | Accrued | Total Realized | Change in Unrealized | In/(Out) of | Balance at | ||||||||||||||||||||||
Securities | 10/31/2009 | Purchases/(Sales) | Discounts/(Premiums) | Gain/(Loss) | Appreciation/(Depreciation) | Level 3 | 10/31/2010 | |||||||||||||||||||||
Common Stocks | $ | — | $ | 1,665 | $ | — | $ | — | $ | — | $ | — | $ | 1,665 | ||||||||||||||
Preferred Stocks | 3,214 | 1,608 | — | — | (427 | ) | (1,245 | ) | 3,150 | |||||||||||||||||||
Total | $ | 3,214 | $ | 3,273 | $ | — | $ | — | $ | (427 | ) | $ | (1,245 | ) | $ | 4,815 | ||||||||||||
The notes to the financial statements are an integral part of this report. | ||
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At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 98.5% | ||||||||
Australia - 1.3% | ||||||||
BHP Billiton, Ltd. ADR ^ | 62,700 | $ | 5,179 | |||||
Centamin Egypt, Ltd. ‡ | 836,500 | 2,362 | ||||||
Austria - 0.8% | ||||||||
Vienna Insurance Group AG Wiener Versicherung Gruppe | 82,107 | 4,416 | ||||||
Belgium - 2.9% | ||||||||
Anheuser-Busch InBev NV | 64,090 | 4,017 | ||||||
Anheuser-Busch InBev NV — STRIP VVPR ‡ | 130,726 | 1 | ||||||
Colruyt SA ‡ ^ | 90,135 | 5,078 | ||||||
Telenet Group Holding NV ‡ | 188,016 | 7,850 | ||||||
Brazil - 3.6% | ||||||||
Banco Santander Brasil SA ADR | 241,500 | 3,478 | ||||||
Petroleo Brasileiro SA ADR | 88,000 | 3,003 | ||||||
Porto Seguro SA ‡ | 431,700 | 6,347 | ||||||
Totvs SA | 42,085 | 3,886 | ||||||
Ultrapar Participacoes SA ADR | 70,289 | 4,361 | ||||||
Canada - 8.6% | ||||||||
Bankers Petroleum, Ltd. ‡ | 477,600 | 3,348 | ||||||
Corus Entertainment, Inc. — Class B | 259,410 | 5,601 | ||||||
Eldorado Gold Corp. | 559,800 | 9,479 | ||||||
Macdonald Dettwiler & Associates, Ltd. ‡ | 234,485 | 11,682 | ||||||
Neo Material Technologies, Inc. ‡ | 608,400 | 3,531 | ||||||
Pacific Rubiales Energy Corp. ‡ | 303,700 | 9,681 | ||||||
Silver Wheaton Corp. ‡ | 246,400 | 7,083 | ||||||
Cayman Islands - 0.5% | ||||||||
China Liansu Group Holdings, Ltd. ‡ | 4,893,400 | 3,062 | ||||||
Chile - 1.2% | ||||||||
Sociedad Quimica y Minera de Chile SA — Series B ADR | 135,185 | 7,003 | ||||||
China - 3.1% | ||||||||
Bank of China, Ltd. | 10,384,000 | 6,229 | ||||||
Changyou.com, Ltd. ADR ‡ | 104,200 | 3,540 | ||||||
China Mobile, Ltd. ADR | 107,865 | 5,541 | ||||||
China Vanke Co., Ltd. | 1,889,700 | 2,711 | ||||||
Denmark - 2.0% | ||||||||
Novo Nordisk A/S — Class B | 56,707 | 5,969 | ||||||
Tryg A/S ^ | 108,815 | 5,483 | ||||||
France - 6.1% | ||||||||
Alcatel-Lucent ‡ ^ | 1,393,968 | 4,893 | ||||||
Arkema SA | 98,703 | 6,378 | ||||||
BNP Paribas | 83,005 | 6,071 | ||||||
CNP Assurances | 203,483 | 4,061 | ||||||
Eutelsat Communications | 86,369 | 3,244 | ||||||
Ipsen SA | 64,368 | 2,267 | ||||||
Sodexo | 132,784 | 8,641 | ||||||
Germany - 5.2% | ||||||||
Deutsche Boerse AG | 100,407 | 7,066 | ||||||
Fresenius Medical Care AG & Co., KGaA | 88,783 | 5,656 | ||||||
Linde AG | 42,822 | 6,166 | ||||||
SMA Solar Technology AG ^ | 28,533 | 3,368 | ||||||
Tognum AG | 333,438 | 8,113 | ||||||
Hong Kong - 0.5% | ||||||||
Kerry Properties, Ltd. | 551,000 | 3,057 | ||||||
India - 0.9% | ||||||||
Bank of Baroda | 198,300 | 4,544 | ||||||
State Bank of India GDR | 4,961 | 685 | ||||||
Ireland - 2.0% | ||||||||
DCC PLC | 199,986 | 5,778 | ||||||
Willis Group Holdings PLC | 177,300 | 5,638 | ||||||
Israel - 0.6% | ||||||||
Teva Pharmaceutical Industries, Ltd. ADR | 70,400 | 3,654 | ||||||
Japan - 12.7% | ||||||||
Brother Industries, Ltd. ^ | 447,200 | 5,713 | ||||||
Circle K Sunkus Co., Ltd. ^ | 293,200 | 4,161 | ||||||
GMO Internet, Inc. § ^ | 908,900 | 3,253 | ||||||
Jupiter Telecommunications Co., Ltd. | 8,713 | 9,430 | ||||||
KDDI Corp. | 1,218 | 6,561 | ||||||
Kenedix Realty Investment Corp. REIT ^ | 1,477 | 5,864 | ||||||
Makita Corp. | 130,400 | 4,586 | ||||||
Nifco, Inc. ^ | 235,400 | 5,930 | ||||||
Nihon Kohden Corp. | 267,600 | 5,091 | ||||||
Nippon Electric Glass Co., Ltd. | 592,600 | 7,637 | ||||||
NSD Co., Ltd. § ^ | 356,200 | 3,794 | ||||||
Point, Inc. | 60,900 | 2,547 | ||||||
Sankyo Co., Ltd. | 91,700 | 4,889 | ||||||
Sundrug Co., Ltd. ^ | 189,800 | 5,283 | ||||||
Korea, Republic of - 3.4% | ||||||||
Hyundai Mobis | 47,225 | 11,751 | ||||||
Samsung Electronics Co., Ltd. | 6,401 | 4,238 | ||||||
Samsung SDI Co., Ltd. | 27,005 | 3,708 | ||||||
Lithuania - 0.9% | ||||||||
Antofagasta PLC | 259,427 | 5,495 | ||||||
Netherlands - 10.3% | ||||||||
Akzo Nobel NV | 113,935 | 6,765 | ||||||
Fugro NV | 103,590 | 7,328 | ||||||
Koninklijke Ahold NV | 522,793 | 7,226 | ||||||
Nutreco NV | 125,825 | 9,155 | ||||||
Sligro Food Group NV § | 197,633 | 6,472 | ||||||
TNT NV | 278,276 | 7,398 | ||||||
Unilever NV | 353,513 | 10,482 | ||||||
USG People NV ‡ | 276,370 | 5,133 | ||||||
Norway - 2.2% | ||||||||
DnB NOR ASA | 575,525 | 7,901 | ||||||
ProSafe SE ^ | 734,670 | 4,843 | ||||||
South Africa - 1.1% | ||||||||
MTN Group, Ltd. | 351,230 | 6,318 | ||||||
Sweden - 1.6% | ||||||||
Elekta AB — Class B ^ | 88,960 | 3,367 | ||||||
Svenska Handelsbanken AB — Class A | 175,031 | 5,723 | ||||||
Switzerland - 8.5% | ||||||||
Bucher Industries AG | 34,358 | 5,276 | ||||||
Credit Suisse Group AG | 125,876 | 5,200 | ||||||
Givaudan SA | 5,946 | 6,127 | ||||||
Nestle SA | 159,606 | 8,742 | ||||||
Roche Holding AG | 46,137 | 6,775 | ||||||
SGS SA | 4,874 | 7,801 | ||||||
Sulzer AG | 81,556 | 9,928 | ||||||
Turkey - 0.9% | ||||||||
Sinpas Gayrimenkul Yatirim Ortakligi AS REIT ‡ | 3,423,221 | 5,136 | ||||||
United Kingdom - 17.6% | ||||||||
Amlin PLC | 1,213,524 | 7,906 | ||||||
Avanti Communications Group PLC ‡ | 301,251 | 2,838 | ||||||
Balfour Beatty PLC | 641,811 | 2,846 | ||||||
Cairn Energy PLC ‡ | 1,064,125 | 6,580 | ||||||
Chemring Group PLC | 213,839 | 10,273 | ||||||
Croda International PLC | 266,911 | 6,150 | ||||||
Experian Group, Ltd. | 798,795 | 9,286 | ||||||
Fidessa Group PLC § | 121,047 | 3,103 | ||||||
HSBC Holdings PLC | 534,259 | 5,549 | ||||||
Informa PLC | 668,596 | 4,671 | ||||||
Jazztel PLC ‡ ^ | 1,251,890 | 5,750 | ||||||
Mitie Group PLC | 1,335,500 | 4,348 | ||||||
Reed Elsevier PLC | 680,994 | 5,838 | ||||||
RPS Group PLC | 1,613,790 | 5,312 |
The notes to the financial statements are an integral part of this report. | ||
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At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
United Kingdom - (continued) | ||||||||
Smith & Nephew PLC | 385,075 | $ | 3,387 | |||||
Travis Perkins PLC | 217,475 | 2,887 | ||||||
Tullow Oil PLC | 224,890 | 4,270 | ||||||
Vodafone Group PLC | 4,698,609 | 12,789 | ||||||
Total Common Stocks (cost $464,198) | 576,011 | |||||||
WARRANT - 0.0% ∞ | ||||||||
Italy - 0.0% ∞ | ||||||||
UBI Banca SCpA ‡ | ||||||||
Expiration: 06/30/2011 | ||||||||
Exercise Price: 12.30 EUR | 138,395 | 1 | ||||||
Total Warrant (cost $-) | ||||||||
SECURITIES LENDING COLLATERAL - 4.7% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 27,520,097 | 27,520 | ||||||
Total Securities Lending Collateral (cost $27,520) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 1.5% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $8,585 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $8,759. | $ | 8,585 | 8,585 | |||||
Total Repurchase Agreement (cost $8,585) | ||||||||
Total Investment Securities (cost $500,303) # | 612,117 | |||||||
Other Assets and Liabilities — Net | (27,268 | ) | ||||||
Net Assets | $ | 584,849 | ||||||
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited): | Total Investments | Value | ||||||
Chemicals | 7.8 | % | $ | 48,050 | ||||
Commercial Banks | 6.6 | 40,181 | ||||||
Insurance | 5.5 | 33,851 | ||||||
Wireless Telecommunication Services | 5.1 | 31,209 | ||||||
Metals & Mining | 4.8 | 29,598 | ||||||
Media | 4.7 | 28,784 | ||||||
Food Products | 4.6 | 28,379 | ||||||
Oil, Gas & Consumable Fuels | 4.4 | 26,882 | ||||||
Software | 4.2 | 26,005 | ||||||
Food & Staples Retailing | 3.9 | 24,059 | ||||||
Pharmaceuticals | 3.0 | 18,665 | ||||||
Professional Services | 2.8 | 17,087 | ||||||
Diversified Telecommunication Services | 2.7 | 16,438 | ||||||
Machinery | 2.5 | 15,204 | ||||||
Commercial Services & Supplies | 2.4 | 14,793 | ||||||
Energy Equipment & Services | 2.0 | 12,171 | ||||||
Health Care Equipment & Supplies | 1.9 | 11,845 | ||||||
Auto Components | 1.9 | 11,751 | ||||||
Electrical Equipment | 1.9 | 11,481 | ||||||
Electronic Equipment & Instruments | 1.9 | 11,345 | ||||||
Real Estate Investment Trusts | 1.8 | 11,000 | ||||||
Aerospace & Defense | 1.7 | 10,273 | ||||||
Hotels, Restaurants & Leisure | 1.4 | 8,641 | ||||||
Air Freight & Logistics | 1.2 | 7,398 | ||||||
Diversified Financial Services | 1.2 | 7,066 | ||||||
Multiline Retail | 1.1 | 6,708 | ||||||
Industrial Conglomerates | 0.9 | 5,778 | ||||||
Real Estate Management & Development | 0.9 | 5,768 | ||||||
Office Electronics | 0.9 | 5,713 | ||||||
Health Care Providers & Services | 0.9 | 5,656 | ||||||
Capital Markets | 0.8 | 5,200 | ||||||
Communications Equipment | 0.8 | 4,893 | ||||||
Leisure Equipment & Products | 0.8 | 4,889 | ||||||
Household Durables | 0.7 | 4,586 | ||||||
Specialty Retail | 0.7 | 4,361 |
The notes to the financial statements are an integral part of this report. | ||
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At October 31, 2010
(all amounts in thousands)
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited) (continued): | Total Investments | Value | ||||||
Semiconductors & Semiconductor Equipment | 0.7 | % | $ | 4,238 | ||||
Beverages | 0.7 | 4,018 | ||||||
Internet Software & Services | 0.5 | 3,253 | ||||||
Building Products | 0.5 | 3,062 | ||||||
Trading Companies & Distributors | 0.5 | 2,887 | ||||||
Construction & Engineering | 0.5 | 2,846 | ||||||
Investment Securities, at Value | 94.1 | 576,012 | ||||||
Short-Term Investments | 5.9 | 36,105 | ||||||
Total Investments | 100.0 | % | $ | 612,117 | ||||
NOTES TO SCHEDULE OF INVESTMENTS: | ||
^ | All or a portion of this security is on loan. The value of all securities on loan is $25,794. | |
‡ | Non-income producing security. | |
♦ | Value is less than $1. | |
∞ | Percentage rounds to less than 0.01%. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
§ | Illiquid. These securities aggregated to $16,622, or 2.84%, of the fund’s net assets. | |
# | Aggregate cost for federal income tax purposes is $505,830. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $115,826 and $9,539, respectively. Net unrealized appreciation for tax purposes is $106,287. |
ADR | American Depositary Receipt | |
GDR | Global Depositary Receipt | |
REIT | Real Estate Investment Trust (includes domestic REITs and Foreign Real Estate Investment Companies) | |
STRIP VVPR | Is a coupon which, if presented along with the corresponding coupon of the share, allows to benefit from a reduced withholding tax of 15% (rather than 25%) on the dividends paid by the company. |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 81,545 | $ | 494,466 | $ | — | $ | 576,011 | ||||||||
Repurchase Agreement | — | 8,585 | — | 8,585 | ||||||||||||
Securities Lending Collateral | 27,520 | — | — | 27,520 | ||||||||||||
Warrants | — | 1 | — | 1 | ||||||||||||
Total | $ | 109,065 | $ | 503,052 | $ | — | $ | 612,117 | ||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
PREFERRED STOCK - 1.1% | ||||||||
Brazil - 1.1% | ||||||||
Lojas Americanas SA, 0.42% ▲ | 648,990 | $ | 6,981 | |||||
Total Preferred Stock (cost $3,350) | ||||||||
COMMON STOCKS - 95.3% | ||||||||
Belgium - 0.1% | ||||||||
Anheuser-Busch InBev NV | 5,121 | 321 | ||||||
Bermuda - 0.5% | ||||||||
China Yurun Food Group, Ltd. | 81,000 | 313 | ||||||
Dairy Farm International Holdings, Ltd. | 308,842 | 2,409 | ||||||
VimpelCom, Ltd. ADR ‡ | 38,910 | 597 | ||||||
Brazil - 14.0% | ||||||||
Anhanguera Educacional Participacoes SA | 140,200 | 2,779 | ||||||
B2W Cia Global Do Varejo | 275,300 | 5,035 | ||||||
BM&FBOVESPA SA | 725,346 | 6,079 | ||||||
Cia Brasileira de Distribuicao Grupo Pao de Acucar — Class A ADR ^ | 24,360 | 965 | ||||||
Cia de Bebidas das Americas ADR ^ | 46,900 | 6,530 | ||||||
Cyrela Brazil Realty SA Empreendimentos e Participacoes | 265,600 | 3,671 | ||||||
Diagnosticos da America SA ‡ | 227,300 | 2,807 | ||||||
Empresa Brasileira de Aeronautica SA ADR ^ | 261,320 | 7,539 | ||||||
Estacio Participacoes SA | 231,900 | 3,465 | ||||||
Fleury SA ‡ | 20,300 | 263 | ||||||
MRV Engenharia e Participacoes SA | 330,500 | 3,227 | ||||||
Multiplan Empreendimentos Imobiliarios SA | 108,400 | 2,486 | ||||||
Natura Cosmeticos SA | 335,500 | 9,609 | ||||||
Petroleo Brasileiro SA — Class A ADR | 642,200 | 20,031 | ||||||
Vale SA — Class B ADR ‡ | 360,580 | 10,359 | ||||||
Canada - 1.2% | ||||||||
Niko Resources, Ltd. | 37,543 | 3,582 | ||||||
Pacific Rubiales Energy Corp. ‡ | 121,693 | 3,879 | ||||||
Cayman Islands - 1.2% | ||||||||
Ambow Education Holding, Ltd. ADR ‡ ^ | 81,460 | 979 | ||||||
Baidu, Inc. ADR ‡ | 27,710 | 3,049 | ||||||
Ctrip.com International, Ltd. ADR ‡ | 56,930 | 2,964 | ||||||
Mindray Medical International, Ltd. ADR ^ | 20,030 | 580 | ||||||
Chile - 1.0% | ||||||||
Banco Santander Chile | 16,096,179 | 1,433 | ||||||
Centros Comerciales Sudamericanos SA | 580,676 | 4,534 | ||||||
China - 4.8% | ||||||||
China Shenhua Energy Co., Ltd. — Class H | 861,500 | 3,846 | ||||||
CNOOC, Ltd. | 5,957,000 | 12,311 | ||||||
PetroChina Co., Ltd. | 4,942,000 | 6,019 | ||||||
Shanghai Zhenhua Heavy Industries Co., Ltd. ‡ | 1,525,470 | 1,007 | ||||||
Tencent Holdings, Ltd. | 176,200 | 4,039 | ||||||
Tingyi Cayman Islands Holding Corp. | 635,000 | 1,729 | ||||||
Tsingtao Brewery Co., Ltd. | 54,000 | 290 | ||||||
Colombia - 0.9% | ||||||||
Almacenes Exito SA -144A GDR | 101,100 | 1,324 | ||||||
BanColombia SA ADR | 60,060 | 4,051 | ||||||
Denmark - 0.9% | ||||||||
Carlsberg AS — Class B | 51,507 | 5,633 | ||||||
Egypt - 1.5% | ||||||||
Commercial International Bank Egypt SAE | 645,755 | 4,864 | ||||||
Eastern Co. | 39,982 | 831 | ||||||
Egyptian Financial Group-Hermes Holding | 681,049 | 3,399 | ||||||
France - 0.8% | ||||||||
CFAO SA | 104,412 | 4,640 | ||||||
Hong Kong - 5.6% | ||||||||
AIA Group, Ltd. ‡ | 434,000 | 1,293 | ||||||
China Mobile, Ltd. | 701,500 | 7,145 | ||||||
China Resources Enterprise, Ltd. | 1,767,000 | 7,420 | ||||||
Hang Lung Group, Ltd. | 430,750 | 2,862 | ||||||
Hang Lung Properties, Ltd. | 1,404,549 | 6,850 | ||||||
Hong Kong Exchanges & Clearing, Ltd. | 386,700 | 8,511 | ||||||
India - 12.1% | ||||||||
Asian Paints, Ltd. | 15,006 | 904 | ||||||
Colgate Palmolive Co. | 120,426 | 2,391 | ||||||
Divi’s Laboratories, Ltd. | 175,698 | 2,741 | ||||||
HDFC Bank, Ltd. ADR ^ | 37,370 | 6,464 | ||||||
Hindustan Unilever, Ltd. | 1,290,489 | 8,562 | ||||||
Housing Development Finance Corp. | 500,476 | 7,736 | ||||||
ICICI Bank, Ltd. ADR | 130,940 | 6,884 | ||||||
Infosys Technologies, Ltd. | 341,422 | 22,803 | ||||||
Sun Pharmaceuticals Industries, Ltd. | 56,936 | 2,702 | ||||||
Tata Consultancy Services, Ltd. | 311,765 | 7,369 | ||||||
Zee Entertainment Enterprises, Ltd. | 894,126 | 5,583 | ||||||
Zee Learn, Ltd. ‡ Ə | 178,613 | ♦ | ||||||
Indonesia - 2.6% | ||||||||
Astra International PT | 732,100 | 4,669 | ||||||
Bank Central Asia PT | 3,450,900 | 2,703 | ||||||
Telekomunikasi Indonesia PT | 5,531,175 | 5,632 | ||||||
Unilever Indonesia PT | 1,577,000 | 3,079 | ||||||
Korea, Republic of - 4.6% | ||||||||
MegaStudy Co., Ltd. ^ | 19,547 | 3,440 | ||||||
NHN Corp. ‡ | 95,347 | 16,904 | ||||||
Shinsegae Co., Ltd. | 15,468 | 7,849 | ||||||
Lithuania - 0.2% | ||||||||
Antofagasta PLC | 62,550 | 1,325 | ||||||
Luxembourg - 1.3% | ||||||||
Tenaris SA ADR ^ | 195,830 | 8,113 | ||||||
Mexico - 10.5% | ||||||||
America Movil SAB de CV — Series L ADR | 395,980 | 22,674 | ||||||
Corp GEO SAB de CV — Series B ‡ | 43,544 | 138 | ||||||
Fomento Economico Mexicano SAB de CV ^ | 1,403,870 | 7,720 | ||||||
Fomento Economico Mexicano SAB de CV ADR | 186,630 | 10,247 | ||||||
Grupo Financiero Inbursa SA — Class O ^ | 319,370 | 1,381 | ||||||
Grupo Modelo SAB de CV — Series C | 1,117,667 | 6,264 | ||||||
Grupo Televisa SA ADR | 244,980 | 5,500 | ||||||
Impulsora Del Desarrollo Y El Empleo en America Latina SAB de CV ‡ | 813,339 | 1,055 | ||||||
Sare Holding SAB de CV — Class B ‡ ^ | 1,857,218 | 473 | ||||||
Wal-Mart de Mexico SAB de CV — Series V | 3,108,685 | 8,509 | ||||||
Norway - 0.4% | ||||||||
DNO International ASA ‡ | 1,529,600 | 2,403 | ||||||
Peru - 0.6% | ||||||||
Credicorp, Ltd. | 29,970 | 3,773 | ||||||
Philippines - 3.1% | ||||||||
Jollibee Foods Corp. | 1,284,700 | 2,643 | ||||||
Philippine Long Distance Telephone Co. | 49,865 | 3,104 | ||||||
SM Investments Corp. | 274,920 | 3,483 | ||||||
SM Prime Holdings, Inc. | 34,380,270 | 9,558 | ||||||
Russian Federation - 4.0% | ||||||||
Magnit OJSC | 117,363 | 13,438 | ||||||
NovaTek OAO -144A GDR | 47,100 | 4,505 | ||||||
NovaTek OAO GDR | 64,700 | 6,189 | ||||||
South Africa - 6.0% | ||||||||
Anglo Platinum, Ltd. ‡ ^ | 80,920 | 8,005 | ||||||
Impala Platinum Holdings, Ltd. | 437,257 | 12,359 | ||||||
JSE, Ltd. | 33,885 | 382 | ||||||
MTN Group, Ltd. | 447,526 | 8,050 | ||||||
Standard Bank Group, Ltd. | 550,064 | 8,112 |
The notes to the financial statements are an integral part of this report. | ||
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(all amounts in thousands)
Shares | Value | |||||||
Taiwan - 6.8% | ||||||||
Epistar Corp. | 2,487,500 | $ | 7,953 | |||||
High Tech Computer Corp. | 577,537 | 13,033 | ||||||
Mediatek, Inc. | 573,922 | 7,216 | ||||||
Synnex Technology International Corp. | 1,262,801 | 3,089 | ||||||
Taiwan Semiconductor Manufacturing Co., Ltd. | 4,936,459 | 10,123 | ||||||
Thailand - 0.2% | ||||||||
Siam Commercial Bank PCL | 438,900 | 1,501 | ||||||
Turkey - 3.3% | ||||||||
Anadolu AS | 114,258 | 1,801 | ||||||
Bim Birlesik Magazalar AS | 140,309 | 4,816 | ||||||
Enka Insaat VE Sanayi AS | 1,571,868 | 7,095 | ||||||
Haci Omer Sabanci Holding AS | 1,127,424 | 6,108 | ||||||
Turkiye Garanti Bankasi AS | 11,158 | 67 | ||||||
United Kingdom - 6.4% | ||||||||
Anglo American PLC | 286,148 | 13,333 | ||||||
Cairn Energy PLC ‡ | 846,539 | 5,235 | ||||||
SABMiller PLC | 429,210 | 13,917 | ||||||
Tullow Oil PLC | 340,580 | 6,466 | ||||||
United States - 0.7% | ||||||||
Sohu.com, Inc. ‡ | 53,350 | 3,975 | ||||||
Total Common Stocks (cost $430,690) | 581,095 | |||||||
SECURITIES LENDING COLLATERAL - 4.5% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 27,273,778 | 27,274 | ||||||
Total Securities Lending Collateral (cost $27,274) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 3.6% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $22,154 on 11/01/2010. Collateralized by U.S. Government Agency Obligations, 4.00%, due 12/15/2017, and with a value of $22,600. | $ | 22,154 | 22,154 | |||||
Total Repurchase Agreement (cost $22,154) | ||||||||
Total Investment Securities (cost $483,468) # | 637,504 | |||||||
Other Assets and Liabilities — Net | (27,292 | ) | ||||||
Net Assets | $ | 610,212 | ||||||
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited): | Total Investments | Value | ||||||
Oil, Gas & Consumable Fuels | 11.7 | % | $ | 74,466 | ||||
Beverages | 8.3 | 52,723 | ||||||
Metals & Mining | 7.1 | 45,381 | ||||||
Food & Staples Retailing | 6.9 | 43,844 | ||||||
Commercial Banks | 6.5 | 41,233 | ||||||
Wireless Telecommunication Services | 6.4 | 40,973 | ||||||
IT Services | 4.7 | 30,172 | ||||||
Internet Software & Services | 4.4 | 27,967 | ||||||
Semiconductors & Semiconductor Equipment | 4.0 | 25,292 | ||||||
Real Estate Management & Development | 3.9 | 24,983 | ||||||
Diversified Financial Services | 3.3 | 21,080 | ||||||
Household Products | 2.2 | 14,032 | ||||||
Computers & Peripherals | 2.0 | 13,033 | ||||||
Media | 1.7 | 11,083 | ||||||
Diversified Consumer Services | 1.7 | 10,663 | ||||||
Industrial Conglomerates | 1.7 | 10,578 | ||||||
Personal Products | 1.5 | 9,609 | ||||||
Energy Equipment & Services | 1.3 | 8,113 | ||||||
Thrifts & Mortgage Finance | 1.2 | 7,736 | ||||||
Aerospace & Defense | 1.2 | 7,539 | ||||||
Distributors | 1.2 | 7,420 | ||||||
Multiline Retail | 1.1 | 6,981 | ||||||
Diversified Telecommunication Services | 1.0 | 6,229 | ||||||
Hotels, Restaurants & Leisure | 0.9 | 5,607 | ||||||
Internet & Catalog Retail | 0.8 | 5,035 | ||||||
Automobiles | 0.7 | 4,669 | ||||||
Auto Components | 0.7 | 4,640 | ||||||
Household Durables | 0.7 | 4,282 | ||||||
Capital Markets | 0.5 | 3,399 | ||||||
Electronic Equipment & Instruments | 0.5 | 3,089 | ||||||
Health Care Providers & Services | 0.5 | 3,070 | ||||||
Life Sciences Tools & Services | 0.4 | 2,741 | ||||||
Pharmaceuticals | 0.4 | 2,702 | ||||||
Food Products | 0.3 | 2,042 | ||||||
Insurance | 0.2 | 1,293 | ||||||
Construction & Engineering | 0.2 | 1,055 |
The notes to the financial statements are an integral part of this report. | ||
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(all amounts in thousands)
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited) (continued): | Total Investments | Value | ||||||
Machinery | 0.2 | % | $ | 1,007 | ||||
Chemicals | 0.1 | 904 | ||||||
Tobacco | 0.1 | 831 | ||||||
Health Care Equipment & Supplies | 0.1 | 580 | ||||||
Commercial Services & Supplies | 0.0 | ∞ | ♦ | |||||
Investment Securities, at Value | 92.2 | 588,076 | ||||||
Short-Term Investments | 7.8 | 49,428 | ||||||
Total Investments | 100.0 | % | $ | 637,504 | ||||
NOTES TO SCHEDULE OF INVESTMENTS: | ||
‡ | Non-income producing security. | |
^ | All or a portion of this security is on loan. The value of all securities on loan is $26,318. | |
Ə | Security fair valued as determined in good faith in accordance with procedures established by the Board of Trustees. This security had a market value of less than $1, or less than 0.01%, of the fund’s net assets. | |
♦ | Value is less than $1. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
∞ | Amount rounds to less than 0.1%. | |
# | Aggregate cost for federal income tax purposes is $499,233. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $146,775 and $8,504, respectively. Net unrealized appreciation for tax purposes is $138,271. |
144A | 144A Securities are registered pursuant to Rule 144A of the Securities Act of 1933. These securities are deemed to be liquid for purposes compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At 10/31/2010, these securities aggregated $5,829, or 0.96%, of the fund’s net assets. | |
ADR | American Depositary Receipt | |
GDR | Global Depositary Receipt |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 186,248 | $ | 394,847 | $ | — | $ | 581,095 | ||||||||
Preferred Stocks | 6,981 | — | — | 6,981 | ||||||||||||
Repurchase Agreement | — | 22,154 | — | 22,154 | ||||||||||||
Securities Lending Collateral | 27,274 | — | — | 27,274 | ||||||||||||
Total | $ | 220,503 | $ | 417,001 | $ | — | $ | 637,504 | ||||||||
Transfer In | Transfer Out | |||||||
Net transfer in and/or out of Level 1 | — | $ | 330,874 | |||||
Net transfer in and/or out of Level 2 | $ | 268,511 | — |
The notes to the financial statements are an integral part of this report. | ||
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(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 93.7% | ||||||||
Aerospace & Defense - 2.7% | ||||||||
Aercap Holdings NV ‡ | 143,140 | $ | 1,848 | |||||
Goodrich Corp. | 75,690 | 6,212 | ||||||
Auto Components - 4.4% | ||||||||
Goodyear Tire & Rubber Co. ‡ | 227,030 | 2,320 | ||||||
Lear Corp. ‡ | 50,470 | 4,462 | ||||||
WABCO Holdings, Inc. ‡ | 138,750 | 6,440 | ||||||
Beverages - 1.0% | ||||||||
Molson Coors Brewing Co. — Class B | 62,380 | 2,946 | ||||||
Capital Markets - 1.4% | ||||||||
Affiliated Managers Group, Inc. ‡ | 31,574 | 2,703 | ||||||
E*Trade Financial Corp. ‡ | 100,866 | 1,442 | ||||||
Chemicals - 3.7% | ||||||||
Celanese Corp. — Series A | 166,640 | 5,941 | ||||||
Intrepid Potash, Inc. ‡ ^ | 151,150 | 5,189 | ||||||
Commercial Banks - 4.0% | ||||||||
Comerica, Inc. | 126,120 | 4,512 | ||||||
Fifth Third Bancorp | 315,390 | 3,961 | ||||||
KeyCorp | 441,460 | 3,616 | ||||||
Communications Equipment - 1.2% | ||||||||
Harris Corp. | 82,040 | 3,707 | ||||||
Computers & Peripherals - 0.3% | ||||||||
Seagate Technology PLC ‡ | 63,020 | 923 | ||||||
Construction & Engineering - 1.0% | ||||||||
Foster Wheeler AG ‡ | 126,180 | 2,955 | ||||||
Containers & Packaging - 0.9% | ||||||||
Owens-Illinois, Inc. ‡ | 100,780 | 2,825 | ||||||
Diversified Financial Services - 3.2% | ||||||||
CIT Group, Inc. ‡ | 100,910 | 4,372 | ||||||
Fifth Street Finance Corp. | 189,195 | 2,233 | ||||||
Invesco, Ltd. | 132,420 | 3,046 | ||||||
Electric Utilities - 4.5% | ||||||||
Cleco Corp. | 151,340 | 4,732 | ||||||
NV Energy, Inc. | 378,430 | 5,170 | ||||||
Pepco Holdings, Inc. | 189,220 | 3,644 | ||||||
Electrical Equipment - 1.1% | ||||||||
General Cable Corp. ‡ | 113,560 | 3,173 | ||||||
Electronic Equipment & Instruments - 3.5% | ||||||||
Agilent Technologies, Inc. ‡ | 145,074 | 5,050 | ||||||
Amphenol Corp. — Class A | 50,478 | 2,530 | ||||||
Elster Group SE ADR ‡ | 63,050 | 939 | ||||||
Sanmina-SCI Corp. ‡ | 126,110 | 1,662 | ||||||
Energy Equipment & Services - 1.9% | ||||||||
Ensco PLC ADR | 63,110 | 2,925 | ||||||
Tidewater, Inc. | 63,040 | 2,908 | ||||||
Food & Staples Retailing - 1.0% | ||||||||
Kroger Co. | 138,730 | 3,052 | ||||||
Food Products - 2.1% | ||||||||
Chiquita Brands International, Inc. ‡ | 176,570 | 2,343 | ||||||
ConAgra Foods, Inc. | 113,670 | 2,557 | ||||||
Dole Food Co., Inc. ‡ | 126,170 | 1,163 | ||||||
Gas Utilities - 1.9% | ||||||||
AGL Resources, Inc. | 63,100 | 2,477 | ||||||
EQT Corp. | 81,960 | 3,069 | ||||||
Health Care Equipment & Supplies - 1.8% | ||||||||
Hospira, Inc. ‡ | 88,250 | 5,249 | ||||||
Health Care Providers & Services - 3.3% | ||||||||
Aetna, Inc. | 107,250 | 3,203 | ||||||
DaVita, Inc. ‡ | 37,857 | 2,716 | ||||||
Universal Health Services, Inc. — Class B | 100,930 | 4,166 | ||||||
Hotels, Restaurants & Leisure - 2.9% | ||||||||
Bally Technologies, Inc. ‡ | 100,880 | 3,640 | ||||||
Brinker International, Inc. | 116,670 | 2,163 | ||||||
Pinnacle Entertainment, Inc. ‡ | 229,171 | 2,933 | ||||||
Household Durables - 1.2% | ||||||||
Mohawk Industries, Inc. ‡ | 63,040 | 3,615 | ||||||
Household Products - 0.9% | ||||||||
Energizer Holdings, Inc. ‡ | 37,988 | 2,841 | ||||||
Industrial Conglomerates - 1.4% | ||||||||
Tyco International, Ltd. | 110,410 | 4,226 | ||||||
Insurance - 7.7% | ||||||||
ACE, Ltd. | 75,688 | 4,497 | ||||||
AON Corp. | 81,960 | 3,258 | ||||||
Assurant, Inc. | 126,110 | 4,986 | ||||||
Everest RE Group, Ltd. | 88,274 | 7,440 | ||||||
Genworth Financial, Inc. — Class A ‡ | 252,290 | 2,861 | ||||||
IT Services - 1.6% | ||||||||
Teletech Holdings, Inc. ‡ | 315,387 | 4,788 | ||||||
Leisure Equipment & Products - 1.6% | ||||||||
Mattel, Inc. | 201,780 | 4,708 | ||||||
Life Sciences Tools & Services - 1.4% | ||||||||
Thermo Fisher Scientific, Inc. ‡ | 82,040 | 4,218 | ||||||
Machinery - 3.3% | ||||||||
Ingersoll-Rand PLC | 107,230 | 4,215 | ||||||
Navistar International Corp. ‡ | 119,881 | 5,777 | ||||||
Media - 1.5% | ||||||||
Cablevision Systems Corp. — Class A | 170,260 | 4,553 | ||||||
Metals & Mining - 0.8% | ||||||||
Allegheny Technologies, Inc. | 43,850 | 2,310 | ||||||
Multi-Utilities - 2.3% | ||||||||
CMS Energy Corp. ^ | 378,378 | 6,955 | ||||||
Oil, Gas & Consumable Fuels - 5.3% | ||||||||
Bill Barrett Corp. ‡ | 119,950 | 4,528 | ||||||
Consol Energy, Inc. | 75,730 | 2,784 | ||||||
Noble Energy, Inc. | 63,040 | 5,136 | ||||||
Ultra Petroleum Corp. ‡ | 75,670 | 3,114 | ||||||
Pharmaceuticals - 0.6% | ||||||||
Valeant Pharmaceuticals International, Inc. | 63,090 | 1,742 | ||||||
Professional Services - 1.3% | ||||||||
Towers Watson & Co. — Class A | 75,660 | 3,890 | ||||||
Real Estate Investment Trusts - 3.1% | ||||||||
BioMed Realty Trust, Inc. | 201,816 | 3,703 | ||||||
ProLogis | 252,820 | 3,451 | ||||||
Starwood Property Trust, Inc. | 100,880 | 2,039 | ||||||
Road & Rail - 1.2% | ||||||||
JB Hunt Transport Services, Inc. | 100,880 | 3,628 | ||||||
Semiconductors & Semiconductor Equipment - 2.0% | ||||||||
LAM Research Corp. ‡ | 63,085 | 2,889 | ||||||
Marvell Technology Group, Ltd. ‡ | 164,020 | 3,167 | ||||||
Software - 1.8% | ||||||||
Aspen Technology, Inc. ‡ | 215,540 | 2,414 | ||||||
Electronic Arts, Inc. ‡ | 189,210 | 2,999 | ||||||
Specialty Retail - 3.0% | ||||||||
Abercrombie & Fitch Co. — Class A | 37,810 | 1,621 | ||||||
Bed Bath & Beyond, Inc. ‡ | 69,390 | 3,045 | ||||||
Childrens Place Retail Stores, Inc. ‡ | 63,090 | 2,779 | ||||||
Talbots, Inc. ‡ | 151,390 | 1,481 | ||||||
Textiles, Apparel & Luxury Goods - 1.3% | ||||||||
Phillips-Van Heusen Corp. | 63,030 | 3,866 | ||||||
Thrifts & Mortgage Finance - 0.8% | ||||||||
NewAlliance Bancshares, Inc. | 189,200 | 2,439 |
The notes to the financial statements are an integral part of this report. | ||
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At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
Trading Companies & Distributors - 0.7% | ||||||||
Aircastle, Ltd. | 103,780 | $ | 956 | |||||
SeaCube Container Leasing, Ltd. ‡ | 108,980 | 1,269 | ||||||
Wireless Telecommunication Services - 1.1% | ||||||||
NII Holdings, Inc. ‡ | 75,730 | 3,166 | ||||||
Total Common Stocks (cost $227,275) | 280,471 | |||||||
SECURITIES LENDING COLLATERAL - 1.3% | ||||||||
State Street Navigator Securities Lending Trust – Prime Portfolio, 0.35% ▲ | 3,866,085 | 3,866 | ||||||
Total Securities Lending Collateral (cost $3,866) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 6.1% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $18,231 on 11/01/2010. Collateralized by U.S. Government Agency Obligations, 4.00%, due 12/15/2017, and with a value of $18,599. | $ | 18,231 | 18,231 | |||||
Total Repurchase Agreement (cost $18,231) | ||||||||
Total Investment Securities (cost $249,372) # | 302,568 | |||||||
Other Assets and Liabilities — Net | (3,343 | ) | ||||||
Net Assets | $ | 299,225 | ||||||
NOTES TO SCHEDULE OF INVESTMENTS: | ||
‡ | Non-income producing security. | |
^ | All or a portion of this security is on loan. The value of all securities on loan is $3,766. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
# | Aggregate cost for federal income tax purposes is $254,503. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $51,530 and $3,465, respectively. Net unrealized appreciation for tax purposes is $48,065. |
ADR | American Depositary Receipt |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 258,866 | $ | 21,605 | $ | — | $ | 280,471 | ||||||||
Repurchase Agreement | — | 18,231 | — | 18,231 | ||||||||||||
Securities Lending Collateral | 3,866 | — | — | 3,866 | ||||||||||||
Total | $ | 262,732 | $ | 39,836 | $ | — | $ | 302,568 | ||||||||
The notes to the financial statements are an integral part of this report. | ||
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At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 96.6% | ||||||||
Australia - 6.5% | ||||||||
Amcor, Ltd. | 757,947 | $ | 4,989 | |||||
Ansell, Ltd. ^ | 285,561 | 3,790 | ||||||
Computershare, Ltd. | 493,962 | 4,897 | ||||||
Crane Group, Ltd. ^ | 474,893 | 3,526 | ||||||
Dart Energy, Ltd. ‡ | 693,485 | 781 | ||||||
Fairfax Media, Ltd. ^ | 2,678,571 | 3,805 | ||||||
Iluka Resources, Ltd. ‡ | 743,362 | 4,900 | ||||||
Mirvac Group REIT | 1,347,359 | 1,709 | ||||||
Myer Holdings, Ltd. ^ | 587,443 | 2,210 | ||||||
Sims Metal Management, Ltd. | 211,687 | 3,407 | ||||||
Transpacific Industries Group, Ltd. ‡ ^ | 1,337,516 | 1,612 | ||||||
Austria - 2.3% | ||||||||
Kapsch TrafficCom AG § | 50,000 | 2,882 | ||||||
Mayr Melnhof Karton AG | 40,000 | 4,323 | ||||||
RHI AG ‡ | 90,000 | 2,984 | ||||||
Rosenbauer International AG § | 58,500 | 2,515 | ||||||
Belgium - 1.4% | ||||||||
Bekaert SA | 9,235 | 2,814 | ||||||
EVS Broadcast Equipment SA ^ | 44,000 | 2,762 | ||||||
Kinepolis Group NV | 15,112 | 1,091 | ||||||
Tessenderlo Chemie NV | 36,028 | 1,233 | ||||||
Bermuda - 0.3% | ||||||||
Aquarius Platinum, Ltd. | 289,058 | 1,669 | ||||||
Brazil - 0.8% | ||||||||
Cia Brasileira de Distribuicao Grupo Pao de Acucar — Class A ADR | 46,306 | 1,834 | ||||||
Cyrela Brazil Realty SA Empreendimentos e Participacoes | 179,633 | 2,483 | ||||||
Canada - 0.9% | ||||||||
Niko Resources, Ltd. | 20,030 | 1,911 | ||||||
Sino-Forest Corp. — Class A ‡ ^ | 161,188 | 3,186 | ||||||
Cayman Islands - 1.8% | ||||||||
Concord Medical Services Holdings, Ltd. ADR ‡ | 368,786 | 2,607 | ||||||
Evergreen International Holdings, Ltd. ‡ Ə | 74,000 | 44 | ||||||
Fook Woo Group Holdings, Ltd. ‡ | 12,913,000 | 4,565 | ||||||
Intime Department Store Group Co., Ltd. | 1,182,000 | 1,815 | ||||||
Parkson Retail PLC | 473,500 | 855 | ||||||
China - 1.1% | ||||||||
China Agri-Industries Holdings, Ltd. | 1,583,000 | 2,308 | ||||||
China National Building Material Co., Ltd. | 616,000 | 1,504 | ||||||
China National Materials Co., Ltd. | 2,722,000 | 2,426 | ||||||
Denmark - 1.2% | ||||||||
Solar A/S — Class B | 58,000 | 3,815 | ||||||
Tryg AS | 55,000 | 2,772 | ||||||
France - 5.2% | ||||||||
Alten, Ltd. | 45,506 | 1,520 | ||||||
Bourbon SA ^ | 110,000 | 5,009 | ||||||
Club Mediterranee ‡ ^ | 94,034 | 1,840 | ||||||
Groupe Eurotunnel SA | 365,000 | 3,628 | ||||||
L’Occitane International SA ‡ | 801,500 | 2,378 | ||||||
Meetic | 120,000 | 3,582 | ||||||
Rubis | 57,415 | 6,364 | ||||||
Saft Groupe SA | 30,765 | 1,175 | ||||||
Store Electronic ‡ | 55,000 | 716 | ||||||
Sword Group | 63,000 | 2,320 | ||||||
Germany - 8.6% | ||||||||
Bijou Brigitte AG § | 8,000 | 1,291 | ||||||
Bilfinger Berger SE | 65,000 | 4,734 | ||||||
Brenntag AG ‡ | 30,500 | 2,859 | ||||||
Cewe Color Holding AG | 51,431 | 2,219 | ||||||
CompuGroup Medical AG § | 230,000 | 3,029 | ||||||
Draegerwerk AG ‡ | 8,777 | 634 | ||||||
Freenet AG | 435,000 | 5,513 | ||||||
Grenkeleasing AG | 14,224 | 757 | ||||||
KUKA AG ‡ ^ | 127,726 | 2,673 | ||||||
MTU Aero Engines Holding AG | 63,623 | 3,843 | ||||||
PSI AG Gesellschaft Fuer Produkte und Systeme der Informationstechnologie | 21,837 | 476 | ||||||
R. Stahl AG § | 30,000 | 1,157 | ||||||
Rheinmetall AG | 94,000 | 6,773 | ||||||
SAF-Holland SA ‡ | 136,900 | 1,061 | ||||||
SFC Energy AG § ‡ | 130,000 | 878 | ||||||
Tipp24 SE ‡ | 55,000 | 2,213 | ||||||
Tom Tailor Holding AG ‡ | 120,000 | 2,547 | ||||||
Wirecard AG ^ | 205,000 | 3,061 | ||||||
Xing AG ‡ | 30,000 | 1,322 | ||||||
Greece - 0.1% | ||||||||
Eurobank Properties Real Estate Investment Co. REIT | 90,000 | 752 | ||||||
Hong Kong - 3.2% | ||||||||
Bawang International Group Holding, Ltd. | 2,358,000 | 992 | ||||||
Beijing Enterprises Water Group, Ltd. ‡ | 11,276,000 | 3,942 | ||||||
Dah Sing Banking Group, Ltd. | 2,468,400 | 4,223 | ||||||
Johnson Electric Holdings, Ltd. | 8,541,000 | 4,495 | ||||||
Techtronic Industries Co. | 4,024,500 | 4,076 | ||||||
Indonesia - 0.7% | ||||||||
Bank Mandiri | 5,061,000 | 3,964 | ||||||
Ireland - 2.2% | ||||||||
Bank of Ireland ‡ | 1,250,000 | 933 | ||||||
DCC PLC | 190,000 | 5,486 | ||||||
Grafton Group PLC | 250,000 | 1,065 | ||||||
IFG Group PLC | 424,624 | 772 | ||||||
Irish Continental Group PLC | 79,779 | 1,657 | ||||||
Irish Life & Permanent Group Holdings PLC ‡ | 650,825 | 1,377 | ||||||
Origin Enterprises PLC | 151,005 | 657 | ||||||
Isle of Man - 0.3% | ||||||||
Exillon Energy PLC ‡ | 400,000 | 1,679 | ||||||
Israel - 0.3% | ||||||||
Oridion Systems, Ltd. § ‡ | 150,000 | 1,662 | ||||||
Italy - 3.7% | ||||||||
Ansaldo STS SpA | 125,000 | 1,723 | ||||||
Azimut Holding SpA | 580,000 | 5,917 | ||||||
CIR-Compagnie Industriali Riunite SpA ‡ ^ | 600,000 | 1,364 | ||||||
Davide Campari-Milano SpA | 400,000 | 2,537 | ||||||
Gruppo Coin SpA ‡ | 161,628 | 1,702 | ||||||
Landi Renzo SpA ^ | 410,167 | 1,985 | ||||||
Natuzzi SpA ADR ‡ | 400,000 | 1,336 | ||||||
Prysmian SpA | 198,000 | 3,839 | ||||||
Japan - 14.8% | ||||||||
Accordia Golf Co., Ltd. ^ | 2,373 | 2,170 | ||||||
AICA Kogyo Co., Ltd. | 115,000 | 1,292 | ||||||
Arcs Co., Ltd. ^ | 201,000 | 2,606 | ||||||
Asahi Diamond Industrial Co., Ltd. ^ | 128,000 | 2,259 | ||||||
Daido Steel Co., Ltd. ^ | 352,000 | 1,793 | ||||||
Exedy Corp. | 13,700 | 429 | ||||||
Fujikura Kasei Co., Ltd. | 246,100 | 1,477 | ||||||
Glory, Ltd. ^ | 89,900 | 1,983 | ||||||
Hisaka Works, Ltd. ^ | 118,000 | 1,359 | ||||||
Icom, Inc. ^ | 31,200 | 840 | ||||||
JSP Corp. | 232,700 | 2,684 | ||||||
Koito Manufacturing Co., Ltd. | 171,000 | 2,238 | ||||||
Kuroda Electric Co., Ltd. | 160,400 | 1,864 | ||||||
Lintec Corp. | 110,900 | 2,492 | ||||||
Miura Co., Ltd. ^ | 77,700 | 1,760 | ||||||
Modec, Inc. ^ | 220,100 | 3,140 | ||||||
Moshi Moshi Hotline, Inc. | 68,050 | 1,584 | ||||||
Musashi Seimitsu Industry Co., Ltd. ^ | 150,600 | 3,587 | ||||||
Nabtesco Corp. ^ | 51,100 | 905 | ||||||
NEC Networks & System Integration Corp. | 149,600 | 1,746 | ||||||
Nichi-Iko Pharmaceutical Co., Ltd. ^ | 89,800 | 3,167 | ||||||
Nidec Copal Corp. ^ | 110,000 | 1,612 | ||||||
Nifco, Inc. ^ | 129,900 | 3,271 | ||||||
Nihon Parkerizing Co., Ltd. ^ | 220,000 | 2,889 | ||||||
Nippon Thompson Co., Ltd. ^ | 554,000 | 3,841 | ||||||
Nishimatsuya Chain Co., Ltd. ^ | 88,400 | 851 |
The notes to the financial statements are an integral part of this report. | ||
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(all amounts except share amounts in thousands)
Shares | Value | |||||||
Japan - (continued) | ||||||||
Nitta Corp. ^ | 194,200 | $ | 3,074 | |||||
OSAKA Titanium Technologies Co. ^ | 52,300 | 2,451 | ||||||
Seven Bank, Ltd. ^ | 849 | 1,529 | ||||||
Shinko Plantech Co., Ltd. | 195,300 | 1,811 | ||||||
Shinmaywa Industries, Ltd. ^ | 548,000 | 1,907 | ||||||
Sumida Corp. ^ | 147,700 | 1,226 | ||||||
Takasago International Corp. | 399,000 | 1,924 | ||||||
Tokai Tokyo Financial Holdings, Inc. ^ | 758,000 | 2,638 | ||||||
Trusco Nakayama Corp. | 139,400 | 2,032 | ||||||
Tsumura & Co. ^ | 52,500 | 1,615 | ||||||
Tsuruha Holdings, Inc. | 48,800 | 2,101 | ||||||
Tsutsumi Jewelry Co., Ltd. § | 75,100 | 1,769 | ||||||
Works Applications Co., Ltd. | 3,432 | 1,437 | ||||||
Yushin Precision Equipment Co., Ltd. | 103,600 | 1,872 | ||||||
Korea, Republic of - 1.9% | ||||||||
Glovis Co., Ltd. | 28,565 | 4,049 | ||||||
Samsung SDI Co., Ltd. ^ | 28,264 | 3,881 | ||||||
Taewoong Co., Ltd. ^ | 50,663 | 2,530 | ||||||
Netherlands - 4.8% | ||||||||
Delta Lloyd NV | 250,000 | 5,162 | ||||||
Fugro NV | 90,000 | 6,366 | ||||||
Gamma Holding NV ‡ | 11,577 | 351 | ||||||
Imtech NV | 160,000 | 5,376 | ||||||
James Hardie Industries SE ‡ | 274,557 | 1,450 | ||||||
LBi International NV § ‡ | 763,467 | 1,541 | ||||||
Ten Cate NV ^ | 150,000 | 4,954 | ||||||
TomTom NV ‡ | 140,752 | 1,234 | ||||||
New Zealand - 0.9% | ||||||||
Fletcher Building, Ltd. ^ | 775,741 | 4,855 | ||||||
Norway - 1.7% | ||||||||
Dockwise, Ltd. ‡ ^ | 106,000 | 2,697 | ||||||
Morpol ASA ‡ | 550,000 | 2,000 | ||||||
Pronova BioPharma AS ‡ | 730,000 | 1,222 | ||||||
Statoil Fuel & Retail ASA ‡ | 216,030 | 1,531 | ||||||
Storebrand ASA ‡ | 241,391 | 1,756 | ||||||
Portugal - 0.1% | ||||||||
Zon Multimedia | 100,000 | 532 | ||||||
Singapore - 3.3% | ||||||||
Biosensors International Group, Ltd. ‡ | 4,846,000 | 4,193 | ||||||
SATS, Ltd. | 1,820,000 | 4,008 | ||||||
Sia Engineering Co., Ltd. | 1,207,000 | 4,047 | ||||||
Tiger Airways Holdings, Ltd. ‡ | 1,967,000 | 2,827 | ||||||
Yanlord Land Group, Ltd. ^ | 2,398,000 | 3,187 | ||||||
Spain - 1.0% | ||||||||
Codere SA ‡ | 240,000 | 2,672 | ||||||
Enagas | 50,000 | 1,102 | ||||||
Pescanova SA ^ | 45,000 | 1,469 | ||||||
Sweden - 1.0% | ||||||||
Byggmax Group AB ‡ | 472,345 | 3,801 | ||||||
Kungsleden AB | 207,199 | 1,644 | ||||||
Switzerland - 7.7% | ||||||||
Bank Sarasin & Cie AG | 81,000 | 2,963 | ||||||
Banque Cantonale Vaudoise | 5,000 | 2,431 | ||||||
Emmi AG | 4,963 | 827 | ||||||
Forbo Holding AG | 3,720 | 1,998 | ||||||
GAM Holding, Ltd. ‡ | 196,561 | 3,107 | ||||||
Gategroup Holding AG ‡ ^ | 150,000 | 6,958 | ||||||
Gurit Holding AG | 1,691 | 924 | ||||||
Helvetia Holding AG | 9,930 | 3,499 | ||||||
Implenia AG ‡ | 59,119 | 1,778 | ||||||
Inficon Holding AG | 799 | 121 | ||||||
Kuoni Reisen Holding AG | 7,544 | 3,235 | ||||||
Micronas Semiconductor Holding AG ‡ | 89,785 | 802 | ||||||
Newave Energy Holding SA § | 52,000 | 2,404 | ||||||
Orior AG ‡ | 53,000 | 2,491 | ||||||
Partners Group Holding AG | 18,983 | 3,473 | ||||||
Sika AG | 687 | 1,361 | ||||||
Uster Technologies AG § ‡ | 55,000 | 1,568 | ||||||
Valora Holding AG | 8,500 | 2,246 | ||||||
Taiwan - 0.2% | ||||||||
Hung Poo Real Estate Development Corp. | 710,000 | 1,056 | ||||||
United Arab Emirates - 0.3% | ||||||||
Lamprell PLC ^ | 300,000 | 1,615 | ||||||
United Kingdom - 18.3% | ||||||||
Albemarle & Bond Holdings § | 372,313 | 1,796 | ||||||
Anglo Pacific Group PLC | 424,426 | 2,244 | ||||||
Aveva Group PLC | 80,000 | 1,910 | ||||||
Berkeley Group Holdings PLC ‡ | 50,000 | 674 | ||||||
Bodycote PLC | 526,291 | 2,235 | ||||||
Bovis Homes Group PLC ‡ | 270,000 | 1,506 | ||||||
BSS Group PLC ^ | 233,460 | 1,657 | ||||||
Burberry Group PLC | 100,000 | 1,633 | ||||||
Carillion PLC | 300,000 | 1,654 | ||||||
Consort Medical PLC | 195,489 | 1,566 | ||||||
Cranswick PLC | 100,000 | 1,434 | ||||||
CSR PLC ‡ ^ | 235,000 | 1,197 | ||||||
Dechra Pharmaceuticals PLC | 263,470 | 2,238 | ||||||
Derwent London PLC REIT | 90,000 | 2,192 | ||||||
Devro PLC | 450,000 | 1,622 | ||||||
E2V Technologies PLC § ‡ | 1,871,727 | 2,939 | ||||||
eaga PLC | 807,549 | 802 | ||||||
Elementis PLC | 1,750,000 | 3,210 | ||||||
Fidessa Group PLC | 83,775 | 2,147 | ||||||
Forth Ports PLC | 100,000 | 2,115 | ||||||
Future PLC | 1,400,000 | 493 | ||||||
Go-Ahead Group PLC | 50,000 | 1,093 | ||||||
Grainger PLC | 857,639 | 1,464 | ||||||
Halfords Group PLC | 200,000 | 1,357 | ||||||
Hamworthy PLC | 390,342 | 2,457 | ||||||
Helphire Group PLC § ‡ | 1,477,353 | 515 | ||||||
HMV Group PLC ^ | 1,414,722 | 1,026 | ||||||
Homeserve PLC | 240,715 | 1,748 | ||||||
Hunting PLC | 160,000 | 1,652 | ||||||
Inchcape PLC ‡ | 341,233 | 1,907 | ||||||
Intec Telecom Systems PLC | 1,150,000 | 1,327 | ||||||
John Wood Group PLC | 308,963 | 2,156 | ||||||
Keller Group PLC | 154,801 | 1,569 | ||||||
Kier Group PLC | 160,000 | 3,394 | ||||||
Mears Group PLC | 305,362 | 1,487 | ||||||
Millennium & Copthorne Hotels PLC | 228,234 | 1,993 | ||||||
Mitie Group PLC | 468,036 | 1,524 | ||||||
Next PLC | 50,000 | 1,831 | ||||||
Oxford Instruments PLC | 200,598 | 1,741 | ||||||
Premier Farnell PLC | 450,000 | 1,963 | ||||||
Premier Oil PLC ‡ | 110,000 | 2,964 | ||||||
PV Crystalox Solar PLC | 711,762 | 604 | ||||||
PZ Cussons PLC | 450,000 | 2,906 | ||||||
Regus PLC | 1,000,000 | 1,385 | ||||||
SDL PLC ‡ | 255,000 | 2,455 | ||||||
Senior PLC | 900,000 | 1,909 | ||||||
Shanks Group PLC | 1,194,041 | 2,128 | ||||||
SIG PLC ‡ | 1,000,000 | 1,819 | ||||||
TalkTalk Telecom Group PLC ‡ | 700,000 | 1,479 | ||||||
Tate & Lyle PLC | 207,076 | 1,666 | ||||||
Travis Perkins PLC | 50,000 | 664 | ||||||
Ultra Electronics Holdings PLC | 57,177 | 1,705 | ||||||
Victrex PLC | 90,000 | 1,862 | ||||||
Vitec Group PLC | 117,844 | 1,077 | ||||||
Wellstream Holdings PLC | 150,000 | 1,779 | ||||||
WH Smith PLC | 250,000 | 1,940 | ||||||
William Hill PLC | 562,042 | 1,447 | ||||||
Yell Group PLC ‡ ^ | 2,000,000 | 452 | ||||||
Total Common Stocks (cost $454,738) | 529,959 | |||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
RIGHT - 0.0% ∞ | ||||||||
Switzerland - 0.0% ∞ | ||||||||
Gategroup Holding AG Ə | 150,000 | $ | ♦ | |||||
Total Right (cost $—) | ||||||||
SECURITIES LENDING COLLATERAL - 9.9% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 54,053,685 | 54,054 | ||||||
Total Securities Lending Collateral (cost $54,054) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 2.4% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $12,912 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $13,171. | $ | 12,912 | 12,912 | |||||
Total Repurchase Agreement (cost $12,912) | ||||||||
Total Investment Securities (cost $521,704) # | 596,925 | |||||||
Other Assets and Liabilities — Net | (48,637 | ) | ||||||
Net Assets | $ | 548,288 | ||||||
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited): | Total Investments | Value | ||||||
Machinery | 6.2 | % | $ | 38,430 | ||||
Energy Equipment & Services | 4.3 | 25,375 | ||||||
Construction & Engineering | 4.1 | 24,816 | ||||||
Chemicals | 3.9 | 23,327 | ||||||
Commercial Services & Supplies | 3.5 | 20,645 | ||||||
Specialty Retail | 3.2 | 18,814 | ||||||
Capital Markets | 3.1 | 18,098 | ||||||
Electrical Equipment | 2.7 | 16,209 | ||||||
Trading Companies & Distributors | 2.7 | 15,775 | ||||||
Hotels, Restaurants & Leisure | 2.6 | 15,570 | ||||||
Electronic Equipment & Instruments | 2.5 | 15,469 | ||||||
Software | 2.5 | 15,101 | ||||||
Metals & Mining | 2.4 | 14,220 | ||||||
Industrial Conglomerates | 2.3 | 13,623 | ||||||
Household Durables | 2.2 | 13,307 | ||||||
Insurance | 2.2 | 13,189 | ||||||
Food Products | 2.1 | 11,983 | ||||||
Transportation Infrastructure | 2.0 | 11,893 | ||||||
Health Care Equipment & Supplies | 1.9 | 11,845 | ||||||
Oil, Gas & Consumable Fuels | 1.9 | 11,231 | ||||||
Construction Materials | 1.8 | 10,793 | ||||||
Commercial Banks | 1.8 | 10,649 | ||||||
IT Services | 1.6 | 9,478 | ||||||
Containers & Packaging | 1.5 | 9,312 | ||||||
Auto Components | 1.5 | 9,300 | ||||||
Food & Staples Retailing | 1.5 | 9,032 | ||||||
Pharmaceuticals | 1.4 | 8,242 | ||||||
Textiles, Apparel & Luxury Goods | 1.4 | 8,229 | ||||||
Communications Equipment | 1.3 | 7,544 | ||||||
Gas Utilities | 1.3 | 7,466 | ||||||
Real Estate Management & Development | 1.2 | 7,351 | ||||||
Diversified Telecommunication Services | 1.1 | 6,992 | ||||||
Multiline Retail | 1.1 | 6,711 | ||||||
Internet Software & Services | 1.1 | 6,445 | ||||||
Media | 1.1 | 6,373 | ||||||
Aerospace & Defense | 0.9 | 5,548 | ||||||
Diversified Financial Services | 0.9 | 5,337 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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(all amounts in thousands)
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited): (continued) | Total Investments | Value | ||||||
Road & Rail | 0.9 | % | $ | 5,236 | ||||
Building Products | 0.8 | 4,818 | ||||||
Real Estate Investment Trusts | 0.8 | 4,653 | ||||||
Air Freight & Logistics | 0.7 | 4,049 | ||||||
Personal Products | 0.6 | 3,370 | ||||||
Paper & Forest Products | 0.6 | 3,186 | ||||||
Household Products | 0.5 | 2,906 | ||||||
Airlines | 0.5 | 2,827 | ||||||
Leisure Equipment & Products | 0.5 | 2,689 | ||||||
Health Care Providers & Services | 0.4 | 2,607 | ||||||
Beverages | 0.4 | 2,537 | ||||||
Semiconductors & Semiconductor Equipment | 0.3 | 1,999 | ||||||
Distributors | 0.3 | 1,907 | ||||||
Consumer Finance | 0.3 | 1,796 | ||||||
Marine | 0.3 | 1,657 | ||||||
Investment Securities, at Value | 88.7 | 529,959 | ||||||
Short-Term Investments | 11.3 | 66,966 | ||||||
Total Investments | 100.0 | % | $ | 596,925 | ||||
NOTES TO SCHEDULE OF INVESTMENTS: | ||
^ | All or a portion of this security is on loan. The value of all securities on loan is $51,300. | |
‡ | Non-income producing security. | |
Ə | Securities fair valued as determined in good faith in accordance with procedures established by the Board of Trustees. These securities had a total market value of $44, or 0.01%, of the fund’s net assets. | |
∞ | Percentage rounds to less than 0.1%. | |
♦ | Value is less than $1. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
§ | Illiquid. These securities aggregated to $25,946, or 4.73%, of the fund’s net assets. | |
# | Aggregate cost for federal income tax purposes is $523,088. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $95,282 and $21,445, respectively. Net unrealized appreciation for tax purposes is $73,837. |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 20,925 | $ | 509,034 | $ | — | $ | 529,959 | ||||||||
Repurchase Agreement | — | 12,912 | — | 12,912 | ||||||||||||
Rights | — | — | ♦ | ♦ | ||||||||||||
Securities Lending Collateral | 54,054 | — | — | 54,054 | ||||||||||||
Total | $ | 74,979 | $ | 521,946 | $ | ♦ | $ | 596,925 | ||||||||
Beginning | Net Transfers | Ending | ||||||||||||||||||||||||||
Balance at | Net | Accrued | Total Realized | Change in Unrealized | In/(Out) of | Balance at | ||||||||||||||||||||||
Securities | 10/31/2009 | Purchases/(Sales) | Discounts/(Premiums) | Gain/(Loss) | Appreciation/(Depreciation) | Level 3 | 10/31/2010 | |||||||||||||||||||||
Rights | $ | — | $ | ♦ | $ | — | $ | — | $ | — | $ | — | $ | ♦ |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 128
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At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 95.9% | ||||||||
Austria - 0.7% | ||||||||
Andritz AG | 35,000 | $ | 2,681 | |||||
Canada - 15.4% | ||||||||
Brookfield Asset Management, Inc. - Class A ^ | 734,586 | 21,832 | ||||||
Canfor Corp. ‡ | 589,723 | 5,568 | ||||||
Cenovus Energy, Inc. | 327,000 | 9,097 | ||||||
E-L Financial Corp., Ltd. § | 3,536 | 1,387 | ||||||
EnCana Corp. | 367,000 | 10,357 | ||||||
Viterra, Inc. ‡ | 1,107,150 | 10,606 | ||||||
France - 0.6% | ||||||||
Sanofi-Aventis SA | 32,950 | 2,301 | ||||||
Germany - 2.2% | ||||||||
Lanxess AG | 123,000 | 8,560 | ||||||
Guernsey, Channel Islands - 2.3% | ||||||||
Resolution, Ltd. | 2,127,500 | 8,928 | ||||||
Hong Kong - 18.4% | ||||||||
Cheung Kong Holdings, Ltd. | 1,279,153 | 19,522 | ||||||
Henderson Land Development Co., Ltd. | 2,944,727 | 20,913 | ||||||
Hutchison Whampoa, Ltd. | 2,045,888 | 20,192 | ||||||
Wharf Holdings, Ltd. | 948,141 | 6,226 | ||||||
Wheelock & Co., Ltd. | 1,062,000 | 3,734 | ||||||
Japan - 11.3% | ||||||||
Mitsui Fudosan Co., Ltd. | 649,462 | 12,276 | ||||||
Tokio Marine Holdings, Inc. | 470,080 | 13,249 | ||||||
Toyota Industries Corp. | 630,107 | 17,775 | ||||||
Korea, Republic of - 4.2% | ||||||||
POSCO ADR ^ | 154,261 | 16,034 | ||||||
Sweden - 4.4% | ||||||||
Investor AB - Class A | 866,546 | 17,008 | ||||||
United States - 36.4% | ||||||||
Alamo Group, Inc. | 148,983 | 3,576 | ||||||
Alexander & Baldwin, Inc. ^ | 118,770 | 4,089 | ||||||
Applied Materials, Inc. | 493,961 | 6,105 | ||||||
AVX Corp. | 836,145 | 11,990 | ||||||
Bank of New York Mellon Corp. ^ | 560,052 | 14,036 | ||||||
Bristow Group, Inc. ‡ ^ | 173,630 | 6,734 | ||||||
Capital Southwest Corp. | 19,256 | 1,861 | ||||||
Cimarex Energy Co. ^ | 251,128 | 19,274 | ||||||
Cross Country Healthcare, Inc. ‡ ^ | 211,206 | 1,542 | ||||||
Electro Scientific Industries, Inc. ‡ ^ | 196,486 | 2,283 | ||||||
Electronics for Imaging, Inc. ‡ ^ | 202,436 | 2,771 | ||||||
Forest City Enterprises, Inc. - Class A ‡ ^ | 679,836 | 9,920 | ||||||
Intel Corp. ^ | 355,961 | 7,144 | ||||||
Investment Technology Group, Inc. ‡ | 424,815 | 6,049 | ||||||
KeyCorp ^ | 230,000 | 1,884 | ||||||
Leucadia National Corp. ‡ ^ | 95,000 | 2,415 | ||||||
Lexmark International, Inc. - Class A ‡ ^ | 36,205 | 1,377 | ||||||
MDC Holdings, Inc. ^ | 28,363 | 730 | ||||||
Nabors Industries, Ltd. ‡ ^ | 196,865 | 4,114 | ||||||
Pharmaceutical Product Development, Inc. | 300,710 | 7,761 | ||||||
St. Joe Co. ‡ ^ | 370,892 | 7,488 | ||||||
Sycamore Networks, Inc. ^ | 95,818 | 2,921 | ||||||
Tejon Ranch Co. ‡ | 86,299 | 1,921 | ||||||
Tellabs, Inc. ^ | 941,479 | 6,421 | ||||||
Westwood Holdings Group, Inc. ^ | 111,753 | 4,026 | ||||||
Wilmington Trust Corp. ^ | 180,000 | 1,280 | ||||||
Total Common Stocks (cost $413,557) | 367,958 | |||||||
WARRANT - 0.1% | ||||||||
Hong Kong - 0.1% | ||||||||
Henderson Land Development Co., Ltd. ‡ | ||||||||
Expiration: 06/01/2011 | ||||||||
Exercise Price: $58.00 | 694,907 | 269 | ||||||
Total Warrant (cost $—) | ||||||||
SECURITIES LENDING COLLATERAL - 17.8% | ||||||||
State Street Navigator Securities Lending Trust - Prime Portfolio, 0.35% ▲ | 68,017,291 | 68,017 | ||||||
Total Securities Lending Collateral (cost $68,017) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 3.9% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $14,788 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/25/2024, and with a value of $15,085. | $ | 14,788 | 14,788 | |||||
Total Repurchase Agreement (cost $14,788) | ||||||||
Total Investment Securities (cost $496,362) # | 451,032 | |||||||
Other Assets and Liabilities - Net | (67,898 | ) | ||||||
Net Assets | $ | 383,134 | ||||||
The notes to the financial statements are an integral part of this report. | ||
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(all amounts in thousands)
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited): | Total Investments | Value | ||||||
Real Estate Management & Development | 23.0 | % | $ | 104,101 | ||||
Oil, Gas & Consumable Fuels | 8.6 | 38,728 | ||||||
Capital Markets | 5.7 | 25,972 | ||||||
Insurance | 5.2 | 23,564 | ||||||
Industrial Conglomerates | 4.5 | 20,192 | ||||||
Diversified Financial Services | 4.3 | 19,423 | ||||||
Auto Components | 4.0 | 17,775 | ||||||
Metals & Mining | 3.6 | 16,034 | ||||||
Electronic Equipment & Instruments | 3.2 | 14,273 | ||||||
Semiconductors & Semiconductor Equipment | 2.9 | 13,249 | ||||||
Energy Equipment & Services | 2.4 | 10,848 | ||||||
Food Products | 2.4 | 10,606 | ||||||
Communications Equipment | 2.1 | 9,342 | ||||||
Chemicals | 1.9 | 8,560 | ||||||
Life Sciences Tools & Services | 1.7 | 7,761 | ||||||
Machinery | 1.4 | 6,257 | ||||||
Paper & Forest Products | 1.2 | 5,568 | ||||||
Computers & Peripherals | 0.9 | 4,148 | ||||||
Marine | 0.9 | 4,089 | ||||||
Commercial Banks | 0.7 | 3,164 | ||||||
Pharmaceuticals | 0.5 | 2,301 | ||||||
Health Care Providers & Services | 0.3 | 1,542 | ||||||
Household Durables | 0.2 | 730 | ||||||
Investment Securities, at Value | 81.6 | 368,227 | ||||||
Short-Term Investments | 18.4 | 82,805 | ||||||
Total Investments | 100.0 | % | $ | 451,032 | ||||
NOTES TO SCHEDULE OF INVESTMENTS: | ||
^ | All or a portion of this security is on loan. The value of all securities on loan is $66,315. | |
‡ | Non-income producing security. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
§ | Illiquid. This security aggregated to $1,387, or 0.36%, of the fund’s net assets. | |
# | Aggregate cost for federal income tax purposes is $500,043. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $29,351 and $78,362, respectively. Net unrealized depreciation for tax purposes is $49,011. | |
DEFINITION: | ||
ADR | American Depositary Receipt |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 198,559 | $ | 169,399 | $ | — | $ | 367,958 | ||||||||
Repurchase Agreement | — | 14,788 | — | 14,788 | ||||||||||||
Securities Lending Collateral | 68,017 | — | — | 68,017 | ||||||||||||
Warrants | — | 269 | — | 269 | ||||||||||||
Total | $ | 266,576 | $ | 184,456 | $ | — | $ | 451,032 | ||||||||
The notes to the financial statements are an integral part of this report. | ||
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(all amounts except share amounts in thousands)
Shares | Value | |||||||
PREFERRED STOCK - 2.7% | ||||||||
Germany - 2.7% | ||||||||
Volkswagen AG, 1.53% ▲ | 141,421 | $ | 21,258 | |||||
Total Preferred Stock (cost $13,232) | ||||||||
COMMON STOCKS - 93.8% | ||||||||
Australia - 2.0% | ||||||||
BHP Billiton, Ltd. | 370,992 | 15,234 | ||||||
Bermuda - 0.9% | ||||||||
SeaDrill, Ltd. ^ | 223,150 | 6,759 | ||||||
Brazil - 3.6% | ||||||||
BM&FBOVESPA SA | 1,326,000 | 11,113 | ||||||
Empresa Brasileira de Aeronautica SA ADR ^ | 203,127 | 5,860 | ||||||
Natura Cosmeticos SA | 396,000 | 11,342 | ||||||
Canada - 5.0% | ||||||||
Canadian National Railway Co. ^ | 239,189 | 15,492 | ||||||
Canadian Natural Resources, Ltd. | 312,714 | 11,385 | ||||||
Potash Corp., of Saskatchewan, Inc. ^ | 54,365 | 7,888 | ||||||
Thomson Reuters Corp. ^ | 113,800 | 4,346 | ||||||
China - 6.8% | ||||||||
China Life Insurance Co., Ltd. — Class H | 326,552 | 1,430 | ||||||
China Merchants Bank Co., Ltd. — Class H | 4,394,566 | 12,416 | ||||||
CNOOC, Ltd. | 7,957,555 | 16,446 | ||||||
Industrial & Commercial Bank of China — Class H | 17,475,200 | 14,069 | ||||||
Sinopharm Group Co. — Class H | 2,253,514 | 8,824 | ||||||
Denmark - 3.2% | ||||||||
Novo Nordisk A/S — Class B | 189,492 | 19,946 | ||||||
Vestas Wind Systems A/S ‡ ^ | 160,165 | 5,112 | ||||||
France - 8.8% | ||||||||
Air Liquide SA | 89,992 | 11,641 | ||||||
BNP Paribas | 212,230 | 15,522 | ||||||
Lafarge SA ^ | 191,393 | 10,938 | ||||||
LVMH Moet Hennessy Louis Vuitton SA | 144,190 | 22,597 | ||||||
Publicis Groupe SA ^ | 154,100 | 7,676 | ||||||
Germany - 5.0% | ||||||||
Deutsche Bank AG | 132,146 | 7,618 | ||||||
Fresenius Medical Care AG & Co., KGaA | 205,335 | 13,080 | ||||||
SAP AG | 352,040 | 18,360 | ||||||
Guernsey, Channel Islands - 0.9% | ||||||||
Amdocs, Ltd. ‡ | 228,713 | 7,017 | ||||||
Hong Kong - 2.3% | ||||||||
Hong Kong Exchanges & Clearing, Ltd. | 803,800 | 17,691 | ||||||
Ireland - 0.9% | ||||||||
Covidien PLC | 180,415 | 7,193 | ||||||
Israel - 2.4% | ||||||||
Teva Pharmaceutical Industries, Ltd. ADR | 353,338 | 18,338 | ||||||
Italy - 1.2% | ||||||||
Intesa Sanpaolo SpA | 2,689,118 | 9,460 | ||||||
Japan - 8.9% | ||||||||
Canon, Inc. | 228,727 | 10,574 | ||||||
Dai-ichi Life Insurance Co., Ltd. ^ | 4,673 | 5,668 | ||||||
Fanuc, Ltd. | 67,526 | 9,776 | ||||||
Komatsu, Ltd. | 713,560 | 17,486 | ||||||
Mitsubishi UFJ Financial Group, Inc. | 2,477,100 | 11,544 | ||||||
Toyota Motor Corp. | 401,874 | 14,278 | ||||||
Korea, Republic of - 1.5% | ||||||||
Hyundai Motor Co. | 78,233 | 11,819 | ||||||
Luxembourg - 1.4% | ||||||||
ArcelorMittal ^ | 333,500 | 10,720 | ||||||
Mexico - 3.3% | ||||||||
America Movil SAB de CV — Series L ADR | 208,989 | 11,967 | ||||||
Wal-Mart de Mexico SAB de CV — Series V | 5,002,580 | 13,693 | ||||||
Netherlands - 1.3% | ||||||||
ING Groep NV ‡ | 936,300 | 9,995 | ||||||
Spain - 2.2% | ||||||||
Telefonica SA | 642,354 | 17,344 | ||||||
Sweden - 2.0% | ||||||||
Hennes & Mauritz AB — Class B | 451,480 | 15,911 | ||||||
Switzerland - 6.8% | ||||||||
Julius Baer Group, Ltd. | 232,055 | 9,796 | ||||||
Logitech International SA ‡ ^ | 441,562 | 8,373 | ||||||
Nestle SA | 288,546 | 15,805 | ||||||
Novartis AG | 321,241 | 18,623 | ||||||
Taiwan - 0.9% | ||||||||
High Tech Computer Corp. | 324,892 | 7,331 | ||||||
Turkey - 1.1% | ||||||||
Turkiye Garanti Bankasi AS | 1,451,643 | 8,763 | ||||||
United Kingdom - 18.7% | ||||||||
ARM Holdings PLC | 1,035,914 | 6,030 | ||||||
BG Group PLC | 488,566 | 9,515 | ||||||
British American Tobacco PLC | 443,829 | 16,926 | ||||||
British Sky Broadcasting Group PLC | 743,024 | 8,411 | ||||||
Cairn Energy PLC ‡ | 633,596 | 3,918 | ||||||
Carnival PLC | 368,455 | 15,882 | ||||||
Kingfisher PLC | 2,881,190 | 10,978 | ||||||
Pearson PLC | 502,307 | 7,683 | ||||||
Reckitt Benckiser Group PLC | 255,726 | 14,305 | ||||||
SABMiller PLC | 300,398 | 9,740 | ||||||
Smith & Nephew PLC | 765,743 | 6,736 | ||||||
Standard Chartered PLC | 646,016 | 18,691 | ||||||
Tesco PLC | 2,373,423 | 16,233 | ||||||
United States - 2.7% | ||||||||
Schlumberger, Ltd. ^ | 177,314 | 12,392 | ||||||
Southern Copper Corp. ^ | 195,900 | 8,385 | ||||||
Total Common Stocks (cost $607,391) | 730,084 | |||||||
RIGHT - 0.1% | ||||||||
United Kingdom - 0.1% | ||||||||
Standard Chartered PLC | 70,361 | 592 | ||||||
Total Rights (cost $—) | ||||||||
SECURITIES LENDING COLLATERAL - 6.8% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 53,237,988 | 53,238 | ||||||
Total Securities Lending Collateral (cost $53,238) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 5.6% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $43,235 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $44,101. | $ | 43,235 | 43,235 | |||||
Total Repurchase Agreement (cost $43,235) | ||||||||
Total Investment Securities (cost $717,096) # | 848,407 | |||||||
Other Assets and Liabilities — Net | (69,923 | ) | ||||||
Net Assets | $ | 778,484 | ||||||
The notes to the financial statements are an integral part of this report. | ||
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(all amounts in thousands)
Amount in U.S. | Net Unrealized | |||||||||||||||
Settlement | Dollars Bought | Appreciation | ||||||||||||||
Currency | Bought (Sold) | Date | (Sold) | (Depreciation) | ||||||||||||
Euro | (1,539 | ) | 01/25/2011 | (2,019 | ) | $ | (121 | ) | ||||||||
Euro | 24,970 | 01/25/2011 | 33,960 | 753 | ||||||||||||
Euro | (23,431 | ) | 01/25/2011 | (30,133 | ) | (2,440 | ) | |||||||||
Mexican Peso | (41,561 | ) | 11/30/2010 | (3,235 | ) | (124 | ) | |||||||||
Mexican Peso | (196,400 | ) | 11/30/2010 | (14,821 | ) | (1,054 | ) | |||||||||
Pound Sterling | (7,828 | ) | 11/18/2010 | (11,380 | ) | (1,162 | ) | |||||||||
Pound Sterling | 14,128 | 11/18/2010 | 21,781 | 854 | ||||||||||||
Pound Sterling | (3,400 | ) | 11/18/2010 | (4,909 | ) | (538 | ) | |||||||||
Pound Sterling | (2,900 | ) | 11/18/2010 | (4,194 | ) | (452 | ) | |||||||||
$ | (4,284 | ) | ||||||||||||||
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited): | Total Investments | Value | ||||||
Commercial Banks | 10.7 | % | $ | 91,057 | ||||
Pharmaceuticals | 7.7 | 65,731 | ||||||
Automobiles | 5.6 | 47,355 | ||||||
Oil, Gas & Consumable Fuels | 4.8 | 41,264 | ||||||
Diversified Financial Services | 4.6 | 38,799 | ||||||
Metals & Mining | 4.1 | 34,339 | ||||||
Food & Staples Retailing | 3.5 | 29,926 | ||||||
Media | 3.3 | 28,116 | ||||||
Machinery | 3.2 | 27,262 | ||||||
Specialty Retail | 3.2 | 26,889 | ||||||
Software | 3.0 | 25,377 | ||||||
Textiles, Apparel & Luxury Goods | 2.7 | 22,597 | ||||||
Chemicals | 2.3 | 19,529 | ||||||
Energy Equipment & Services | 2.2 | 19,151 | ||||||
Capital Markets | 2.1 | 17,414 | ||||||
Diversified Telecommunication Services | 2.0 | 17,344 | ||||||
Tobacco | 2.0 | 16,926 | ||||||
Hotels, Restaurants & Leisure | 1.9 | 15,882 | ||||||
Food Products | 1.9 | 15,805 | ||||||
Computers & Peripherals | 1.9 | 15,704 | ||||||
Road & Rail | 1.9 | 15,492 | ||||||
Household Products | 1.7 | 14,305 | ||||||
Health Care Equipment & Supplies | 1.6 | 13,929 | ||||||
Health Care Providers & Services | 1.5 | 13,080 | ||||||
Wireless Telecommunication Services | 1.4 | 11,967 | ||||||
Personal Products | 1.3 | 11,342 | ||||||
Construction Materials | 1.3 | 10,938 | ||||||
Office Electronics | 1.2 | 10,574 | ||||||
Beverages | 1.1 | 9,740 | ||||||
Insurance | 0.9 | 7,098 | ||||||
Semiconductors & Semiconductor Equipment | 0.7 | 6,030 | ||||||
Aerospace & Defense | 0.7 | 5,860 | ||||||
Electrical Equipment | 0.6 | 5,112 | ||||||
Investment Securities, at Value | 88.6 | 751,934 | ||||||
Short-Term Investments | 11.4 | 96,473 | ||||||
Total Investments | 100.0 | % | $ | 848,407 | ||||
NOTES TO SCHEDULE OF INVESTMENTS: | ||
▲ | Rate shown reflects the yield at 10/29/2010. | |
^ | All or a portion of this security is on loan. The value of all securities on loan is $51,240. | |
‡ | Non-income producing security. | |
# | Aggregate cost for federal income tax purposes is $718,670. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $146,753 and $17,016, respectively. Net unrealized appreciation for tax purposes is $129,737. |
The notes to the financial statements are an integral part of this report. | ||
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(all amounts in thousands)
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 120,622 | $ | 609,462 | $ | — | $ | 730,084 | ||||||||
Preferred Stocks | — | 21,258 | — | 21,258 | ||||||||||||
Repurchase Agreement | — | 43,235 | — | 43,235 | ||||||||||||
Rights | — | 592 | — | 592 | ||||||||||||
Securities Lending Collateral | 53,238 | — | — | 53,238 | ||||||||||||
Total | $ | 173,860 | $ | 674,547 | $ | — | $ | 848,407 | ||||||||
Other Financial Instruments* | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Forward Foreign Currency Contracts — Appreciation | $ | — | $ | 1,607 | $ | — | $ | 1,607 | ||||||||
Forward Foreign Currency Contracts — Depreciation | — | (5,891 | ) | — | (5,891 | ) | ||||||||||
Total | $ | — | $ | (4,284 | ) | $ | — | $ | (4,284 | ) | ||||||
* | Other financial instruments are derivative instruments including, but not limited to, Futures Contracts, Forward Foreign Currency Contracts, and Swap Contracts that are valued at unrealized appreciation (depreciation) on the instrument. |
The notes to the financial statements are an integral part of this report. | ||
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(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 98.8% | ||||||||
Aerospace & Defense - 3.2% | ||||||||
General Dynamics Corp. | 350,800 | $ | 23,896 | |||||
Raytheon Co. | 255,400 | 11,769 | ||||||
Air Freight & Logistics - 1.5% | ||||||||
FedEx Corp. | 195,100 | 17,114 | ||||||
Airlines - 1.1% | ||||||||
Southwest Airlines Co. | 864,500 | 11,896 | ||||||
Auto Components - 1.1% | ||||||||
Johnson Controls, Inc. | 347,300 | 12,197 | ||||||
Beverages - 1.8% | ||||||||
PepsiCo, Inc. | 304,000 | 19,851 | ||||||
Biotechnology - 1.2% | ||||||||
Amgen, Inc. ‡ | 231,800 | 13,257 | ||||||
Capital Markets - 3.9% | ||||||||
Bank of New York Mellon Corp. | 919,655 | 23,047 | ||||||
Goldman Sachs Group, Inc. | 131,800 | 21,213 | ||||||
Chemicals - 1.8% | ||||||||
Dow Chemical Co. | 653,400 | 20,144 | ||||||
Commercial Banks - 5.2% | ||||||||
U.S. Bancorp | 816,300 | 19,738 | ||||||
Wells Fargo & Co. | 1,479,900 | 38,596 | ||||||
Computers & Peripherals - 2.0% | ||||||||
Hewlett-Packard Co. | 331,300 | 13,935 | ||||||
Seagate Technology PLC ‡ | 571,200 | 8,368 | ||||||
Diversified Consumer Services - 0.6% | ||||||||
Apollo Group, Inc. — Class A ‡ | 166,900 | 6,255 | ||||||
Diversified Financial Services - 4.2% | ||||||||
JPMorgan Chase & Co. | 1,244,600 | 46,834 | ||||||
Diversified Telecommunication Services - 3.5% | ||||||||
AT&T, Inc. | 1,380,800 | 39,353 | ||||||
Electric Utilities - 5.4% | ||||||||
American Electric Power Co., Inc. | 642,000 | 24,037 | ||||||
Exelon Corp. | 350,300 | 14,299 | ||||||
FirstEnergy Corp. | 619,200 | 22,489 | ||||||
Energy Equipment & Services - 3.5% | ||||||||
Baker Hughes, Inc. | 437,100 | 20,250 | ||||||
Noble Corp. | 546,700 | 18,878 | ||||||
Food & Staples Retailing - 2.1% | ||||||||
Kroger Co. | 1,055,400 | 23,219 | ||||||
Health Care Equipment & Supplies - 4.2% | ||||||||
Baxter International, Inc. | 235,300 | 11,977 | ||||||
Boston Scientific Corp. ‡ | 2,285,600 | 14,582 | ||||||
Covidien PLC | 515,200 | 20,541 | ||||||
Health Care Providers & Services - 2.2% | ||||||||
UnitedHealth Group, Inc. | 684,300 | 24,669 | ||||||
Hotels, Restaurants & Leisure - 2.5% | ||||||||
Carnival Corp. | 643,800 | 27,793 | ||||||
Household Durables - 2.0% | ||||||||
Fortune Brands, Inc. | 411,900 | 22,263 | ||||||
Household Products - 3.3% | ||||||||
Procter & Gamble Co. | 600,900 | 38,199 | ||||||
Insurance - 5.3% | ||||||||
Aflac, Inc. | 444,300 | 24,833 | ||||||
MetLife, Inc. | 502,700 | 20,274 | ||||||
Principal Financial Group, Inc. | 592,900 | 15,913 | ||||||
Machinery - 4.9% | ||||||||
Dover Corp. | 358,000 | 19,010 | ||||||
Illinois Tool Works, Inc. | 519,100 | 23,722 | ||||||
PACCAR, Inc. | 242,700 | 12,441 | ||||||
Media - 8.5% | ||||||||
Comcast Corp. — Class A | 1,723,800 | 35,477 | ||||||
Interpublic Group of Cos., Inc. ‡ | 1,374,800 | 14,229 | ||||||
Time Warner, Inc. | 874,900 | 28,443 | ||||||
Viacom, Inc. — Class B | 476,800 | 18,400 | ||||||
Metals & Mining - 1.1% | ||||||||
Steel Dynamics, Inc. | 848,800 | 12,325 | ||||||
Oil, Gas & Consumable Fuels - 8.3% | ||||||||
Exxon Mobil Corp. | 735,200 | 48,870 | ||||||
Hess Corp. | 182,600 | 11,509 | ||||||
Peabody Energy Corp. | 280,100 | 14,817 | ||||||
Ultra Petroleum Corp. ‡ | 442,000 | 18,188 | ||||||
Personal Products - 1.1% | ||||||||
Avon Products, Inc. | 402,800 | 12,265 | ||||||
Pharmaceuticals - 5.7% | ||||||||
Johnson & Johnson | 611,300 | 38,921 | ||||||
Merck & Co., Inc. | 724,100 | 26,270 | ||||||
Road & Rail - 0.9% | ||||||||
Ryder System, Inc. | 243,900 | 10,671 | ||||||
Semiconductors & Semiconductor Equipment - 1.3% | ||||||||
Applied Materials, Inc. | 569,500 | 7,039 | ||||||
Marvell Technology Group, Ltd. ‡ | 375,400 | 7,249 | ||||||
Software - 2.8% | ||||||||
Adobe Systems, Inc. ‡ | 606,100 | 17,061 | ||||||
Symantec Corp. ‡ | 903,500 | 14,619 | ||||||
Specialty Retail - 2.6% | ||||||||
GameStop Corp. — Class A ‡ | 526,500 | 10,351 | ||||||
Lowe’s Cos., Inc. | 897,800 | 19,150 | ||||||
Total Common Stocks (cost $1,060,075) | 1,112,706 | |||||||
INVESTMENT COMPANY - 0.8% | ||||||||
Capital Markets - 0.8% | ||||||||
SPDR S&P 500 ETF Trust | 72,000 | 8,534 | ||||||
Total Investment Company (cost $8,251) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 0.2% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $1,741 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $1,780. | $ | 1,741 | $ | 1,741 | ||||
Total Repurchase Agreement (cost $1,741) | ||||||||
Total Investment Securities (cost $1,070,067) # | 1,122,981 | |||||||
Other Assets and Liabilities — Net | 2,552 | |||||||
Net Assets | $ | 1,125,533 | ||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 134
Table of Contents
At October 31, 2010
(all amounts in thousands)
‡ | Non-income producing security. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
# | Aggregate cost for federal income tax purposes is $1,075,272. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $79,249 and $31,540, respectively. Net unrealized appreciation for tax purposes is $47,709. |
ETF | Exchange-Traded Fund | |
SPDR | Standard & Poor’s Depository Receipt |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 1,073,287 | $ | 39,419 | $ | — | $ | 1,112,706 | ||||||||
Investment Companies | 8,534 | — | — | 8,534 | ||||||||||||
Repurchase Agreement | — | 1,741 | — | 1,741 | ||||||||||||
Total | $ | 1,081,821 | $ | 41,160 | $ | — | $ | 1,122,981 | ||||||||
The notes to the financial statements are an integral part of this report. | ||
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(all amounts except share amounts in thousands)
Shares | Value | |||||||
PREFERRED STOCKS - 1.4% | ||||||||
Brazil - 1.4% | ||||||||
Cia Paranaense de Energia, 3.12% ▲ | 153,400 | $ | 3,607 | |||||
Lojas Americanas SA, 0.42% ▲ | 196,500 | 2,114 | ||||||
Total Preferred Stocks (cost $5,060) | 5,721 | |||||||
COMMON STOCKS - 91.3% | ||||||||
Argentina - 0.4% | ||||||||
Banco Macro SA ADR | 11,500 | 573 | ||||||
Grupo Financiero Galicia SA ADR ‡ | 34,200 | 446 | ||||||
Telecom Argentina SA ADR | 33,200 | 791 | ||||||
Bermuda - 2.7% | ||||||||
Aquarius Platinum, Ltd. | 619,334 | 3,575 | ||||||
Central European Media Enterprises, Ltd. — Class A ‡ ^ | 97,600 | 2,250 | ||||||
GOME Electrical Appliances Holdings, Ltd. ‡ | 5,521,000 | 1,859 | ||||||
Shangri-La Asia, Ltd. | 1,568,000 | 3,540 | ||||||
Brazil - 14.0% | ||||||||
Banco Bradesco SA ADR ^ | 226,415 | 4,709 | ||||||
Banco Santander Brasil SA ADR | 143,200 | 2,062 | ||||||
BM&FBovespa SA | 390,700 | 3,274 | ||||||
Centrais Eletricas Brasileiras SA | 202,300 | 2,784 | ||||||
Cia de Concessoes Rodoviarias | 113,100 | 3,060 | ||||||
Cyrela Brazil Realty SA Empreendimentos e Participacoes | 255,800 | 3,535 | ||||||
Duratex SA ‡ | 132,500 | 1,527 | ||||||
Estacio Participacoes SA | 76,100 | 1,137 | ||||||
Itau Unibanco Holding SA -144A ADR ‡ Ə | 32,400 | 796 | ||||||
Itau Unibanco Holding SA ADR | 368,330 | 9,047 | ||||||
Julio Simoes Logistica SA ‡ | 216,700 | 1,134 | ||||||
Lojas Renner SA | 126,200 | 4,988 | ||||||
Natura Cosmeticos SA | 94,300 | 2,701 | ||||||
OGX Petroleo e Gas Participacoes SA ‡ | 436,400 | 5,729 | ||||||
Totvs SA | 26,500 | 2,447 | ||||||
Vale SA — Class B ADR ‡ ^ | 250,100 | 8,038 | ||||||
Canada - 0.8% | ||||||||
Pacific Rubiales Energy Corp. ‡ | 102,500 | 3,267 | ||||||
Cayman Islands - 1.5% | ||||||||
E-House China Holdings, Ltd. ADR | 39,200 | 655 | ||||||
Hengan International Group Co., Ltd. | 331,500 | 3,139 | ||||||
Lijun International Pharmaceutical Holding, Ltd. | 2,295,000 | 788 | ||||||
Simcere Pharmaceutical Group ADR ‡ | 36,200 | 331 | ||||||
Springland International Holdings, Ltd. ‡ | 412,000 | 346 | ||||||
United Laboratories International Holdings, Ltd. | 470,000 | 893 | ||||||
Chile - 0.7% | ||||||||
Enersis SA ADR | 133,200 | 3,038 | ||||||
China - 7.9% | ||||||||
Bank of China, Ltd. | 8,279,000 | 4,966 | ||||||
China Construction Bank Corp. — Class H | 5,094,000 | 4,856 | ||||||
China Merchants Bank Co., Ltd. — Class H | 1,383,485 | 3,909 | ||||||
China Petroleum & Chemical Corp. ADR ^ | 32,900 | 3,136 | ||||||
China Shenhua Energy Co., Ltd. — Class H | 1,667,500 | 7,443 | ||||||
China Shipping Development Co., Ltd. — Class H | 2,864,000 | 4,168 | ||||||
Huaneng Power International, Inc. — Class H | 692,000 | 395 | ||||||
Ping An Insurance Group Co., of China, Ltd. — Class H | 329,500 | 3,533 | ||||||
Colombia - 0.6% | ||||||||
Bancolombia SA ADR ^ | 35,002 | 2,361 | ||||||
Egypt - 1.7% | ||||||||
Egyptian Financial Group-Hermes Holding | 901,599 | 4,500 | ||||||
Orascom Construction Industries | 54,907 | 2,510 | ||||||
Hong Kong - 4.5% | ||||||||
AIA Group, Ltd. ‡ | 653,600 | 1,948 | ||||||
China Mobile, Ltd. | 504,000 | 5,132 | ||||||
China Overseas Land & Investment, Ltd. | 1,074,000 | 2,256 | ||||||
China Unicom, Ltd. | 3,234,000 | 4,598 | ||||||
Hong Kong Exchanges & Clearing, Ltd. | 141,200 | 3,108 | ||||||
Lenovo Group, Ltd. | 2,276,000 | 1,480 | ||||||
Hungary - 0.6% | ||||||||
Richter Gedeon | 10,271 | 2,447 | ||||||
India - 7.5% | ||||||||
Canara Bank | 264,894 | 4,305 | ||||||
Indiabulls Real Estate, Ltd. ‡ | 627,153 | 2,697 | ||||||
IndusInd Bank, Ltd. | 193,627 | 1,162 | ||||||
Lanco Infratech, Ltd. ‡ | 2,547,819 | 3,659 | ||||||
Piramal Healthcare, Ltd. | 154,592 | 1,663 | ||||||
Reliance Industries, Ltd. | 157,750 | 3,896 | ||||||
Rural Electrification Corp., Ltd. | 277,080 | 2,316 | ||||||
Tata Consultancy Services, Ltd. | 227,819 | 5,385 | ||||||
Tata Motors, Ltd. | 184,533 | 4,833 | ||||||
United Spirits, Ltd. GDR | 65,517 | 1,101 | ||||||
Indonesia - 1.9% | ||||||||
Bank Mandiri | 4,850,000 | 3,799 | ||||||
Indo Tambangraya Megah | 765,000 | 3,868 | ||||||
Korea, Republic of - 8.8% | ||||||||
Dong-A Pharmaceutical Co., Ltd. | 22,431 | 2,342 | ||||||
Doosan Corp. | 12,196 | 1,642 | ||||||
Green Cross Corp. | 8,485 | 1,063 | ||||||
Hyundai Mobis | 3,853 | 959 | ||||||
Hyundai Motor Co. | 32,771 | 4,952 | ||||||
KB Financial Group, Inc. | 49,116 | 2,182 | ||||||
Mirae Asset Securities Co., Ltd. | 35,102 | 1,837 | ||||||
NHN Corp. ‡ | 14,976 | 2,655 | ||||||
Samsung Card Co. | 62,169 | 2,978 | ||||||
Samsung Electronics Co., Ltd. | 17,944 | 11,881 | ||||||
Samsung SDI Co., Ltd. | 26,032 | 3,574 | ||||||
Malaysia - 3.1% | ||||||||
AMMB Holdings Bhd | 1,333,500 | 2,709 | ||||||
Axiata Group Bhd ‡ | 2,250,300 | 3,247 | ||||||
CIMB Group Holdings Bhd | 1,424,300 | 3,795 | ||||||
Genting Bhd | 922,800 | 3,096 | ||||||
Mautitius - 0.8% | ||||||||
Golden Agri-Resources, Ltd. | 6,852,000 | 3,441 | ||||||
Mexico - 3.2% | ||||||||
America Movil SAB de CV — Series L ADR | 175,690 | 10,060 | ||||||
Grupo Mexico SAB de CV — Series B | 992,100 | 3,268 | ||||||
Netherlands - 0.8% | ||||||||
X5 Retail Group NV GDR ‡ | 83,241 | 3,488 | ||||||
Panama - 0.5% | ||||||||
Copa Holdings SA — Class A | 40,500 | 2,055 | ||||||
Peru - 1.2% | ||||||||
Cia de Minas Buenaventura SA ADR | 90,990 | 4,826 | ||||||
Philippines - 0.7% | ||||||||
Ayala Corp. | 79,480 | 743 | ||||||
Cebu Air, Inc. ‡ | 258,200 | 747 | ||||||
Metropolitan Bank & Trust | 418,480 | 762 | ||||||
SM Investments Corp. | 61,230 | 776 | ||||||
Poland - 1.5% | ||||||||
Powszechna Kasa Oszczednosci Bank Polski SA | 211,868 | 3,345 | ||||||
Powszechny Zaklad Ubezpieczen SA | 22,618 | 3,000 | ||||||
Russian Federation - 4.2% | ||||||||
Gazprom OAO ADR | 203,758 | 4,466 | ||||||
Lukoil OAO ADR | 100,110 | 5,587 | ||||||
MMC Norilsk Nickel ADR | 130,819 | 2,440 | ||||||
Sberbank of Russian Federation | 1,418,956 | 4,702 | ||||||
South Africa - 9.1% | ||||||||
Adcock Ingram Holdings, Ltd. | 272,775 | 2,547 | ||||||
AngloGold Ashanti, Ltd. ADR ^ | 73,600 | 3,467 | ||||||
Aspen Pharmacare Holdings, Ltd. ‡ | 250,184 | 3,340 | ||||||
Barloworld, Ltd. | 654,506 | 4,905 | ||||||
Clicks Group, Ltd. | 497,583 | 3,246 | ||||||
Foschini Group, Ltd. | 199,513 | 2,422 | ||||||
Imperial Holdings, Ltd. | 161,917 | 2,641 | ||||||
Life Healthcare Group Holdings, Ltd. | 659,399 | 1,322 | ||||||
Naspers, Ltd. — Class N | 67,837 | 3,562 | ||||||
Nedbank Group, Ltd. | 200,189 | 3,744 | ||||||
Sasol, Ltd. | 77,367 | 3,484 | ||||||
Shoprite Holdings, Ltd. | 169,085 | 2,390 |
The notes to the financial statements are an integral part of this report. | ||
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(all amounts except share amounts in thousands)
Shares | Value | |||||||
Taiwan - 6.5% | ||||||||
Acer, Inc. | 890,902 | $ | 2,586 | |||||
Hon Hai Precision Industry Co., Ltd. | 1,897,616 | 7,189 | ||||||
Mediatek, Inc. | 148,000 | 1,861 | ||||||
Synnex Technology International Corp. | 1,416,620 | 3,465 | ||||||
Taiwan Semiconductor Manufacturing Co., Ltd. | 4,582,354 | 9,398 | ||||||
Yuanta Financial Holding Co., Ltd. | 3,866,000 | 2,430 | ||||||
Thailand - 3.7% | ||||||||
Advanced Info Service PCL | 676,500 | 2,031 | ||||||
CP ALL PCL | 2,125,400 | 3,155 | ||||||
Kasikornbank PCL | 870,900 | 3,659 | ||||||
Land and Houses PCL | 6,929,000 | 1,618 | ||||||
PTT Chemical PCL | 470,100 | 2,211 | ||||||
Siam Commercial Bank PCL | 749,500 | 2,563 | ||||||
Turkey - 1.5% | ||||||||
Turkcell Iletisim Hizmet AS ADR | 188,700 | 3,383 | ||||||
Turkiye Is Bankasi — Class C | 604,246 | 2,676 | ||||||
United Kingdom - 0.9% | ||||||||
African Barrick Gold, Ltd. | 107,275 | 938 | ||||||
Hikma Pharmaceuticals PLC | 206,297 | 2,598 | ||||||
Total Common Stocks (cost $322,875) | 375,338 | |||||||
INVESTMENT COMPANY - 4.9% | ||||||||
United States - 4.9% | ||||||||
Vanguard Emerging Markets ETF | 430,400 | 20,156 | ||||||
Total Investment Company (cost $20,156) | ||||||||
RIGHTS - 0.0% ∞ | ||||||||
Korea, Republic of - 0.0% ∞ | ||||||||
Green Cross Corp. Ə § | 463 | 16 | ||||||
Total Rights (cost $—) | ||||||||
WARRANTS - 0.2% | ||||||||
Germany - 0.2% | ||||||||
IndusInd Bank, Ltd. § ‡ | ||||||||
Expiration: 02/19/2020 | ||||||||
Exercise Price: $0.00 | 124,871 | 736 | ||||||
India - 0.0% ∞ | ||||||||
Lanco Infratech, Ltd. § ‡ | ||||||||
Expiration: 01/25/2013 | ||||||||
Exercise Price: $0.00 | 57,528 | 82 | ||||||
Total Warrants (cost $691) | 818 | |||||||
SECURITIES LENDING COLLATERAL - 3.9% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ��� | 15,983,129 | 15,983 | ||||||
Total Securities Lending Collateral (cost $15,983) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 3.2% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $13,358 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $13,628. | $ | 13,358 | 13,358 | |||||
Total Repurchase Agreement (cost $13,358) | ||||||||
Total Investment Securities (cost $378,123) # | 431,390 | |||||||
Other Assets and Liabilities — Net | (20,079 | ) | ||||||
Net Assets | $ | 411,311 | ||||||
Amount in U.S. | Net Unrealized | |||||||||||||||
Settlement | Dollars Bought | Appreciation | ||||||||||||||
Currency | Bought (Sold) | Date | (Sold) | (Depreciation) | ||||||||||||
Hungarian Forint | 166,658 | 01/20/2011 | $ | 689 | $ | 157 | ||||||||||
Hungarian Forint | (254,987 | ) | 01/20/2011 | (1,257 | ) | (38 | ) | |||||||||
Hungarian Forint | (78,329 | ) | 01/20/2011 | (387 | ) | (11 | ) | |||||||||
Hungarian Forint | 166,658 | 01/20/2011 | 688 | 158 | ||||||||||||
South African Rand | (14,805 | ) | 06/03/2011 | (1,804 | ) | (244 | ) | |||||||||
South African Rand | (3,800 | ) | 06/03/2011 | (493 | ) | (32 | ) | |||||||||
Turkish Lira | (2,256 | ) | 05/16/2011 | (1,418 | ) | (102 | ) | |||||||||
$ | (112 | ) | ||||||||||||||
The notes to the financial statements are an integral part of this report. | ||
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(all amounts in thousands)
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited): | Total Investments | Value | ||||||
Commercial Banks | 16.5 | % | $ | 71,155 | ||||
Oil, Gas & Consumable Fuels | 9.4 | 40,876 | ||||||
Metals & Mining | 6.0 | 26,552 | ||||||
Wireless Telecommunication Services | 5.7 | 23,853 | ||||||
Semiconductors & Semiconductor Equipment | 5.4 | 23,140 | ||||||
Emerging Market — Equity | 4.7 | 20,156 | ||||||
Pharmaceuticals | 4.3 | 18,028 | ||||||
Electronic Equipment & Instruments | 3.3 | 14,228 | ||||||
Diversified Financial Services | 2.8 | 12,150 | ||||||
Multiline Retail | 2.6 | 10,694 | ||||||
Electric Utilities | 2.1 | 9,429 | ||||||
Food & Staples Retailing | 2.1 | 9,033 | ||||||
Capital Markets | 2.0 | 8,767 | ||||||
Insurance | 2.0 | 8,481 | ||||||
Industrial Conglomerates | 1.7 | 7,323 | ||||||
Real Estate Management & Development | 1.6 | 7,226 | ||||||
Hotels, Restaurants & Leisure | 1.5 | 6,636 | ||||||
Construction & Engineering | 1.4 | 6,251 | ||||||
Personal Products | 1.3 | 5,840 | ||||||
Media | 1.3 | 5,812 | ||||||
Diversified Telecommunication Services | 1.3 | 5,389 | ||||||
IT Services | 1.2 | 5,385 | ||||||
Automobiles | 1.1 | 4,952 | ||||||
Machinery | 1.1 | 4,833 | ||||||
Specialty Retail | 1.0 | 4,281 | ||||||
Transportation Infrastructure | 1.0 | 4,194 | ||||||
Marine | 1.0 | 4,168 | ||||||
Computers & Peripherals | 0.9 | 4,066 | ||||||
Household Durables | 0.8 | 3,535 | ||||||
Food Products | 0.8 | 3,441 | ||||||
Consumer Finance | 0.7 | 2,978 | ||||||
Airlines | 0.7 | 2,802 | ||||||
Internet Software & Services | 0.6 | 2,655 | ||||||
Distributors | 0.6 | 2,641 | ||||||
Software | 0.6 | 2,447 | ||||||
Chemicals | 0.5 | 2,211 | ||||||
Paper & Forest Products | 0.4 | 1,527 | ||||||
Health Care Providers & Services | 0.3 | 1,322 | ||||||
Diversified Consumer Services | 0.3 | 1,137 | ||||||
Beverages | 0.3 | 1,101 | ||||||
Auto Components | 0.2 | 959 | ||||||
Independent Power Producers & Energy Traders | 0.1 | 395 | ||||||
Investment Securities, at Value | 93.2 | 402,049 | ||||||
Short-Term Investments | 6.8 | 29,341 | ||||||
Total Investments | 100.0 | % | $ | 431,390 | ||||
NOTES TO SCHEDULE OF INVESTMENTS: | ||
▲ | Rate shown reflects the yield at 10/29/2010. | |
‡ | Non-income producing security. | |
^ | All or a portion of this security is on loan. The value of all securities on loan is $15,611. | |
Ə | Securities fair valued as determined in good faith in accordance with procedures established by the Board of Trustees. These securities had a total market value of $812, or 0.20% of the fund’s net assets. | |
∞ | Percentage rounds to less than 0.1%. | |
§ | Illiquid. These securities aggregated to $834, or 0.20%, of fund’s net assets. | |
# | Aggregate cost for federal income tax purposes is $379,760. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $54,431 and $2,801, respectively. Net unrealized appreciation for tax purposes is $51,630. |
The notes to the financial statements are an integral part of this report. | ||
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(all amounts in thousands)
144A | 144A Securities are registered pursuant to Rule 144A of the Securities Act of 1933. These securities are deemed to be liquid for purposes of compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At 10/31/2010, these securities aggregated $796, or 0.19%, of the fund’s net assets. | |
ADR | American Depositary Receipt | |
ETF | Exchange-Traded Fund | |
GDR | Global Depositary Receipt |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Common Stocks | $ | 105,029 | $ | 270,309 | $ | — | $ | 375,338 | |||||||||
Investment Companies | 20,156 | — | — | 20,156 | |||||||||||||
Preferred Stocks | 5,721 | — | — | 5,721 | |||||||||||||
Repurchase Agreement | — | 13,358 | — | 13,358 | |||||||||||||
Rights | — | 16 | — | 16 | |||||||||||||
Securities Lending Collateral | 15,983 | — | — | 15,983 | |||||||||||||
Warrants | — | 818 | — | 818 | |||||||||||||
Total | $ | 137,895 | $ | 293,495 | $ | — | $ | 431,390 | |||||||||
Other Financial Instruments* | Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Forward Foreign Currency Contracts — Appreciation | $ | — | $ | 315 | $ | — | $ | 315 | |||||||||
Forward Foreign Currency Contracts — Depreciation | — | (427 | ) | — | (427 | ) | |||||||||||
Total | $ | — | $ | (112 | ) | $ | — | $ | (112 | ) | |||||||
* | Other financial instruments are derivative instruments including, but not limited to, Futures Contracts, Forward Foreign Currency Contracts, and Swap Contracts that are valued at unrealized appreciation (depreciation) on the instrument. |
The notes to the financial statements are an integral part of this report. | ||
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Transamerica | Transamerica | Transamerica | Transamerica | Transamerica | ||||||||||||||||||||
AllianceBernstein | BlackRock | BlackRock | BNY Mellon | Federated | Transamerica | |||||||||||||||||||
International | Global | Large Cap | Market Neutral | Market | First Quadrant | |||||||||||||||||||
Value | Allocation | Value | Strategy | Opportunity | Global Macro(a) | |||||||||||||||||||
Assets: | ||||||||||||||||||||||||
Investment securities, at value | $ | 308,333 | $ | 498,880 | $ | 702,781 | $ | 105,898 | $ | 44,452 | $ | 23,037 | ||||||||||||
Repurchase agreement, at value | 3,575 | 24 | — | 9,539 | 50,045 | 104,395 | ||||||||||||||||||
Cash on deposit with broker | — | 696 | — | 98,819 | — | — | ||||||||||||||||||
Foreign currency, at value | 2,781 | 1,700 | — | — | — | — | ||||||||||||||||||
Receivables: | ||||||||||||||||||||||||
Investment securities sold | 2,427 | 4,538 | — | 1,211 | 404 | — | ||||||||||||||||||
Shares of beneficial interest sold | 10 | 163 | 9 | — | (b) | 1 | — | (b) | ||||||||||||||||
Interest | — | (b) | 1,568 | — | (b) | — | (b) | 16 | — | (b) | ||||||||||||||
Securities lending income (net) | 5 | 3 | — | (b) | — | 1 | — | |||||||||||||||||
Dividends | 839 | 523 | 851 | 58 | 64 | — | ||||||||||||||||||
Dividend reclaims | 222 | 81 | — | — | 2 | 26 | ||||||||||||||||||
Variation margin | — | 240 | — | — | — | 172 | ||||||||||||||||||
Prepaid expenses | 2 | 3 | 5 | 1 | 1 | 1 | ||||||||||||||||||
Unrealized appreciation on forward foreign currency contracts | 21 | 101 | — | — | 2,376 | 6,314 | ||||||||||||||||||
$ | 318,215 | $ | 508,520 | $ | 703,646 | $ | 215,526 | $ | 97,362 | $ | 133,945 | |||||||||||||
Liabilities: | ||||||||||||||||||||||||
Accounts payable and accrued liabilities: | ||||||||||||||||||||||||
Investment securities purchased | 182 | 2,742 | — | 1,215 | 176 | — | ||||||||||||||||||
Shares of beneficial interest redeemed | 45 | 251 | 44 | — | — | (b) | — | |||||||||||||||||
Management and advisory fees | 217 | 313 | 469 | 131 | 67 | 160 | ||||||||||||||||||
Transfer agent fees | 2 | 3 | 4 | 1 | — | (b) | 1 | |||||||||||||||||
Custody fees | 18 | 36 | 7 | 4 | 5 | 13 | ||||||||||||||||||
Administration fees | 5 | 9 | 12 | 2 | 2 | 2 | ||||||||||||||||||
Audit and tax fees | 10 | 29 | 5 | 11 | 10 | 13 | ||||||||||||||||||
Dividends from securities sold short | — | — | — | 55 | — | — | ||||||||||||||||||
Capital gains tax | — | 79 | — | — | — | — | ||||||||||||||||||
Other | 2 | 6 | 5 | 1 | 3 | 3 | ||||||||||||||||||
Collateral for securities on loan | 18,983 | 6,896 | 895 | — | 1,538 | — | ||||||||||||||||||
Written options, at value | — | 662 | — | — | — | 249 | ||||||||||||||||||
Securities sold short, at value | — | — | — | 105,764 | — | — | ||||||||||||||||||
Unrealized depreciation on forward foreign currency contracts | — | 189 | — | — | 3,089 | 7,362 | ||||||||||||||||||
19,464 | 11,215 | 1,441 | 107,184 | 4,890 | 7,803 | |||||||||||||||||||
Net assets | $ | 298,751 | $ | 497,305 | $ | 702,205 | $ | 108,342 | $ | 92,472 | $ | 126,142 | ||||||||||||
Net assets consist of: | ||||||||||||||||||||||||
Shares of beneficial interest, unlimited shares authorized, no par value | $ | 466,411 | $ | 465,555 | $ | 814,717 | $ | 119,062 | $ | 102,257 | $ | 193,630 | ||||||||||||
Undistributed (accumulated) net investment income (loss) | 5,051 | 4,876 | 6,421 | — | 403 | — | ||||||||||||||||||
Undistributed (accumulated) net realized gain (loss) from investments | (163,810 | ) | (18,061 | ) | (160,541 | ) | (13,238 | ) | (9,622 | ) | (67,954 | ) | ||||||||||||
Net unrealized appreciation (depreciation) on: | ||||||||||||||||||||||||
Investment securities | (9,010 | ) | 45,107 | 41,608 | 12,752 | 144 | (58 | ) | ||||||||||||||||
Futures contracts | — | 240 | — | — | — | 1,401 | ||||||||||||||||||
Written option contracts | — | (307 | ) | — | — | — | 178 | |||||||||||||||||
Translation of assets and liabilities denominated in foreign currencies | 109 | (105 | ) | — | — | (710 | ) | (1,055 | ) | |||||||||||||||
Securities sold short | — | — | — | (10,234 | ) | — | — | |||||||||||||||||
Net assets | $ | 298,751 | $ | 497,305 | $ | 702,205 | $ | 108,342 | $ | 92,472 | $ | 126,142 | ||||||||||||
Shares outstanding | 37,035 | 45,568 | 84,156 | 13,025 | 10,588 | 20,603 | ||||||||||||||||||
Net asset value and offering price per share | $ | 8.07 | $ | 10.91 | $ | 8.34 | $ | 8.32 | $ | 8.73 | $ | 6.12 | ||||||||||||
Investment securities, at cost | $ | 317,343 | $ | 453,773 | $ | 661,173 | $ | 93,146 | $ | 44,308 | $ | 23,095 | ||||||||||||
Repurchase agreement, at cost | $ | 3,575 | $ | 24 | $ | — | $ | 9,539 | $ | 50,045 | $ | 104,395 | ||||||||||||
Foreign currency, at cost | $ | 2,750 | $ | 1,675 | $ | — | $ | — | $ | — | $ | — | ||||||||||||
Securities loaned, at value | $ | 18,057 | $ | 6,593 | $ | 873 | $ | — | $ | 1,496 | $ | — | ||||||||||||
Premium received on written option & swaption contracts | $ | — | $ | 355 | $ | — | $ | — | $ | — | $ | 427 | ||||||||||||
Proceeds received from securities sold short | $ | — | $ | — | $ | — | $ | 95,530 | $ | — | $ | — | ||||||||||||
The notes to the financial statements are an integral part of this report. | ||
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(all amounts except per share amounts in thousands)
Transamerica | Transamerica | Transamerica | ||||||||||||||||||||||
Transamerica | JPMorgan | Transamerica | Transamerica | Morgan Stanley | Morgan Stanley | |||||||||||||||||||
JPMorgan Core | International | JPMorgan Mid | Loomis Sayles | Emerging | Mid-Cap | |||||||||||||||||||
Bond | Bond | Cap Value | Bond | Markets Debt(c) | Growth(d) | |||||||||||||||||||
Assets: | ||||||||||||||||||||||||
Investment securities, at value | $ | 1,136,026 | $ | 436,373 | $ | 167,238 | $ | 619,683 | $ | 315,553 | $ | 363,349 | ||||||||||||
Repurchase agreement, at value | — | — | 3,504 | 12,109 | 15,996 | 6,008 | ||||||||||||||||||
Foreign currency, at value | — | 3,203 | — | — | 105 | 3 | ||||||||||||||||||
Receivables: | ||||||||||||||||||||||||
Investment securities sold | 412 | 9,890 | 1,127 | 4,153 | 14,886 | 1,969 | ||||||||||||||||||
Shares of beneficial interest sold | 7 | — | (b) | — | 267 | 2 | 45 | |||||||||||||||||
Interest | 8,711 | 5,125 | — | (b) | 8,190 | 4,143 | — | (b) | ||||||||||||||||
Securities lending income (net) | 11 | — | 3 | 8 | 6 | 38 | ||||||||||||||||||
Dividends | — | — | 92 | 14 | — | 31 | ||||||||||||||||||
Variation margin | — | 56 | — | — | — | — | ||||||||||||||||||
Other | — | 29 | — | — | — | — | ||||||||||||||||||
Prepaid expenses | 7 | 3 | 1 | 4 | 2 | 2 | ||||||||||||||||||
Unrealized appreciation on forward foreign currency contracts | — | 2,050 | — | — | — | — | ||||||||||||||||||
$ | 1,145,174 | $ | 456,729 | $ | 171,965 | $ | 644,428 | $ | 350,693 | $ | 371,445 | |||||||||||||
Liabilities: | ||||||||||||||||||||||||
Due to custodian | 1,884 | 4,661 | — | — | — | — | ||||||||||||||||||
Accounts payable and accrued liabilities: | ||||||||||||||||||||||||
Investment securities purchased | 2,797 | 3,335 | 1,292 | 1,329 | — | 4,293 | ||||||||||||||||||
Shares of beneficial interest redeemed | 884 | 423 | 110 | 84 | 78 | 73 | ||||||||||||||||||
Management and advisory fees | 393 | 202 | 115 | 322 | 242 | 195 | ||||||||||||||||||
Transfer agent fees | 7 | 3 | 1 | 4 | 2 | 2 | ||||||||||||||||||
Custody fees | 14 | 28 | 3 | 11 | 10 | 6 | ||||||||||||||||||
Administration fees | 18 | 8 | 3 | 10 | 5 | 5 | ||||||||||||||||||
Audit and tax fees | 6 | 11 | 10 | 11 | 10 | 10 | ||||||||||||||||||
Other | 29 | 3 | 1 | 4 | 3 | 2 | ||||||||||||||||||
Collateral for securities on loan | 75,684 | — | 6,818 | 48,433 | 47,767 | 74,284 | ||||||||||||||||||
Unrealized depreciation on forward foreign currency contracts | — | 914 | — | — | — | — | ||||||||||||||||||
81,716 | 9,588 | 8,353 | 50,208 | 48,117 | 78,870 | |||||||||||||||||||
Net assets | $ | 1,063,458 | $ | 447,141 | $ | 163,612 | $ | 594,220 | $ | 302,576 | $ | 292,575 | ||||||||||||
Net assets consist of: | ||||||||||||||||||||||||
Shares of beneficial interest, unlimited shares authorized, no par value | $ | 1,016,046 | $ | 376,692 | $ | 162,638 | $ | 520,957 | $ | 275,070 | $ | 204,163 | ||||||||||||
Undistributed (accumulated) net investment income (loss) | 1,909 | 18,305 | 1,532 | 8,326 | 693 | 559 | ||||||||||||||||||
Undistributed (accumulated) net realized gain (loss) from investments | 6,906 | 3,159 | (27,382 | ) | 10,465 | 3,191 | 17,191 | |||||||||||||||||
Net unrealized appreciation (depreciation) on: | ||||||||||||||||||||||||
Investment securities | 38,597 | 46,900 | 26,824 | 54,412 | 23,649 | 70,659 | ||||||||||||||||||
Futures contracts | — | 719 | — | — | — | — | ||||||||||||||||||
Translation of assets and liabilities denominated in foreign currencies | — | 1,366 | — | 60 | (27 | ) | 3 | |||||||||||||||||
Net assets | $ | 1,063,458 | $ | 447,141 | $ | 163,612 | $ | 594,220 | $ | 302,576 | $ | 292,575 | ||||||||||||
Shares outstanding | 100,710 | 37,005 | 16,084 | 53,357 | 26,796 | 22,390 | ||||||||||||||||||
Net asset value and offering price per share | $ | 10.56 | $ | 12.08 | $ | 10.17 | $ | 11.14 | $ | 11.29 | $ | 13.07 | ||||||||||||
Investment securities, at cost | $ | 1,097,429 | $ | 389,473 | $ | 140,414 | $ | 565,271 | $ | 291,904 | $ | 292,690 | ||||||||||||
Repurchase agreement, at cost | $ | — | $ | — | $ | 3,504 | $ | 12,109 | $ | 15,996 | $ | 6,008 | ||||||||||||
Foreign currency, at cost | $ | — | $ | 3,193 | $ | — | $ | — | $ | 133 | $ | 3 | ||||||||||||
Securities loaned, at value | $ | 74,165 | $ | — | $ | 6,663 | $ | 47,443 | $ | 46,793 | $ | 72,653 | ||||||||||||
The notes to the financial statements are an integral part of this report. | ||
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(all amounts except per share amounts in thousands)
Transamerica | Transamerica | Transamerica | Transamerica | Transamerica | ||||||||||||||||||||
Morgan Stanley | Neuberger | Oppenheimer | Oppenheimer | Schroders | Transamerica | |||||||||||||||||||
Small Company | Berman | Developing | Small- & Mid- | International | Third Avenue | |||||||||||||||||||
Growth(e) | International | Markets | Cap Value | Small Cap | Value | |||||||||||||||||||
Assets: | ||||||||||||||||||||||||
Investment securities, at value | $ | 204,240 | $ | 603,532 | $ | 615,350 | $ | 284,337 | $ | 584,013 | $ | 436,244 | ||||||||||||
Repurchase agreement, at value | 6,004 | 8,585 | 22,154 | 18,231 | 12,912 | 14,788 | ||||||||||||||||||
Foreign currency, at value | — | 13 | 1,017 | — | 2,473 | — | ||||||||||||||||||
Receivables: | ||||||||||||||||||||||||
Investment securities sold | 256 | 2,774 | 4,819 | 3,590 | 2,730 | — | ||||||||||||||||||
Shares of beneficial interest sold | 46 | 99 | 485 | 46 | 75 | 46 | ||||||||||||||||||
Interest | — | (b) | — | (b) | — | (b) | — | (b) | — | (b) | — | (b) | ||||||||||||
Securities lending income (net) | 61 | 16 | 8 | 2 | 41 | 16 | ||||||||||||||||||
Dividends | 86 | 654 | 551 | 60 | 1,190 | 485 | ||||||||||||||||||
Dividend reclaims | — | 677 | 13 | 5 | 380 | 14 | ||||||||||||||||||
Prepaid expenses | 1 | 4 | 4 | 2 | 3 | 3 | ||||||||||||||||||
$ | 210,694 | $ | 616,354 | $ | 644,401 | $ | 306,273 | $ | 603,817 | $ | 451,596 | |||||||||||||
Liabilities: | ||||||||||||||||||||||||
Accounts payable and accrued liabilities: | ||||||||||||||||||||||||
Investment securities purchased | 1,027 | 3,346 | 6,010 | 2,776 | 926 | — | ||||||||||||||||||
Shares of beneficial interest redeemed | — | (b) | 110 | — | (b) | 148 | — | (b) | 148 | |||||||||||||||
Management and advisory fees | 145 | 470 | 559 | 228 | 480 | 262 | ||||||||||||||||||
Transfer agent fees | 1 | 4 | 4 | 2 | 3 | 3 | ||||||||||||||||||
Custody fees | 3 | 28 | 63 | 4 | 37 | 12 | ||||||||||||||||||
Administration fees | 3 | 10 | 10 | 5 | 9 | 7 | ||||||||||||||||||
Audit and tax fees | 10 | 10 | 23 | 17 | 16 | 10 | ||||||||||||||||||
Capital gains tax | — | 3 | 242 | — | — | — | ||||||||||||||||||
Other | 2 | 4 | 4 | 2 | 4 | 3 | ||||||||||||||||||
Collateral for securities on loan | 28,043 | 27,520 | 27,274 | 3,866 | 54,054 | 68,017 | ||||||||||||||||||
29,234 | 31,505 | 34,189 | 7,048 | 55,529 | 68,462 | |||||||||||||||||||
Net assets | $ | 181,460 | $ | 584,849 | $ | 610,212 | $ | 299,225 | $ | 548,288 | $ | 383,134 | ||||||||||||
Net assets consist of: | ||||||||||||||||||||||||
Shares of beneficial interest, unlimited shares authorized, no par value | $ | 161,381 | $ | 686,125 | $ | 491,717 | $ | 276,604 | $ | 465,454 | $ | 522,529 | ||||||||||||
Undistributed (accumulated) net investment income (loss) | 390 | 5,160 | 1,724 | — | 5,112 | 3,207 | ||||||||||||||||||
Undistributed (accumulated) net realized gain (loss) from investments | (15,580 | ) | (218,266 | ) | (36,824 | ) | (30,575 | ) | 2,354 | (97,288 | ) | |||||||||||||
Net unrealized appreciation (depreciation) on: | ||||||||||||||||||||||||
Investment securities | 35,269 | 111,814 | 154,036 | 53,196 | 75,221 | (45,330 | ) | |||||||||||||||||
Translation of assets and liabilities denominated in foreign currencies | — | 16 | (441 | ) | — | 147 | 16 | |||||||||||||||||
Net assets | $ | 181,460 | $ | 584,849 | $ | 610,212 | $ | 299,225 | $ | 548,288 | $ | 383,134 | ||||||||||||
Shares outstanding | 16,580 | 65,425 | 45,759 | 32,080 | 56,729 | 17,767 | ||||||||||||||||||
Net asset value and offering price per share | $ | 10.94 | $ | 8.94 | $ | 13.34 | $ | 9.33 | $ | 9.67 | $ | 21.56 | ||||||||||||
Investment securities, at cost | $ | 168,971 | $ | 491,718 | $ | 461,314 | $ | 231,141 | $ | 508,792 | $ | 481,574 | ||||||||||||
Repurchase agreement, at cost | $ | 6,004 | $ | 8,585 | $ | 22,154 | $ | 18,231 | $ | 12,912 | $ | 14,788 | ||||||||||||
Foreign currency, at cost | $ | — | $ | 13 | $ | 1,037 | $ | — | $ | 2,392 | $ | — | ||||||||||||
Securities loaned, at value | $ | 27,355 | $ | 25,794 | $ | 26,318 | $ | 3,766 | $ | 51,300 | $ | 66,315 | ||||||||||||
The notes to the financial statements are an integral part of this report. | ||
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(all amounts except per share amounts in thousands)
Transamerica | ||||||||||||
Thornburg | Transamerica | Transamerica | ||||||||||
International | UBS Large Cap | WMC Emerging | ||||||||||
Value | Value | Markets | ||||||||||
Assets: | ||||||||||||
Investment securities, at value | $ | 805,172 | $ | 1,121,240 | $ | 418,032 | ||||||
Repurchase agreement, at value | 43,235 | 1,741 | 13,358 | |||||||||
Foreign currency, at value | — | — | 3 | |||||||||
Receivables: | ||||||||||||
Investment securities sold | — | (b) | 11,443 | 1,907 | ||||||||
Shares of beneficial interest sold | 192 | 141 | 857 | |||||||||
Interest | — | (b) | — | (b) | — | (b) | ||||||
Securities lending income (net) | 11 | — | 7 | |||||||||
Dividends | 1,002 | 1,525 | 318 | |||||||||
Dividend reclaims | 346 | — | 1 | |||||||||
Prepaid expenses | 5 | 7 | 2 | |||||||||
Unrealized appreciation on forward foreign currency contracts | 1,607 | — | 315 | |||||||||
$ | 851,570 | $ | 1,136,097 | $ | 434,800 | |||||||
Liabilities: | ||||||||||||
Accounts payable and accrued liabilities: | ||||||||||||
Investment securities purchased | 13,107 | 9,587 | 5,686 | |||||||||
Shares of beneficial interest redeemed | 155 | 223 | 1 | |||||||||
Management and advisory fees | 628 | 706 | 374 | |||||||||
Transfer agent fees | 5 | 7 | 3 | |||||||||
Custody fees | 31 | 9 | 45 | |||||||||
Administration fees | 13 | 19 | 7 | |||||||||
Audit and tax fees | 11 | 5 | 10 | |||||||||
Capital gains tax | — | — | 946 | |||||||||
Other | 7 | 8 | 7 | |||||||||
Collateral for securities on loan | 53,238 | — | 15,983 | |||||||||
Unrealized depreciation on forward foreign currency contracts | 5,891 | — | 427 | |||||||||
73,086 | 10,564 | 23,489 | ||||||||||
Net assets | $ | 778,484 | $ | 1,125,533 | $ | 411,311 | ||||||
Net assets consist of: | ||||||||||||
Shares of beneficial interest, unlimited shares authorized, no par value | $ | 639,926 | $ | 1,347,952 | $ | 336,838 | ||||||
Undistributed (accumulated) net investment income (loss) | 3,805 | 10,114 | 183 | |||||||||
Undistributed (accumulated) net realized gain (loss) from investments | 7,704 | (285,447 | ) | 22,085 | ||||||||
Net unrealized appreciation (depreciation) on: | ||||||||||||
Investment securities | 131,311 | 52,914 | 53,267 | |||||||||
Translation of assets and liabilities denominated in foreign currencies | (4,262 | ) | — | (1,062 | ) | |||||||
Net assets | $ | 778,484 | $ | 1,125,533 | $ | 411,311 | ||||||
Shares outstanding | 70,026 | 122,574 | 28,795 | |||||||||
Net asset value and offering price per share | $ | 11.12 | $ | 9.18 | $ | 14.28 | ||||||
Investment securities, at cost | $ | 673,861 | $ | 1,068,326 | $ | 364,765 | ||||||
Repurchase agreement, at cost | $ | 43,235 | $ | 1,741 | $ | 13,358 | ||||||
Foreign currency, at cost | $ | — | $ | — | $ | 3 | ||||||
Securities loaned, at value | $ | 51,240 | $ | — | $ | 15,611 | ||||||
(a) | Formerly, Transamerica UBS Dynamic Alpha. | |
(b) | Rounds to less than $1. | |
(c) | Formerly, Transamerica Van Kampen Emerging Markets Debt. | |
(d) | Formerly, Transamerica Van Kampen Mid-Cap Growth. | |
(e) | Formerly, Transamerica Van Kampen Small Company Growth. |
The notes to the financial statements are an integral part of this report. | ||
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(all amounts in thousands)
Transamerica | Transamerica | Transamerica | ||||||||||||||||||||||
AllianceBernstein | Transamerica | Transamerica | BNY Mellon | Federated | Transamerica | |||||||||||||||||||
International | BlackRock | BlackRock Large | Market Neutral | Market | First Quadrant | |||||||||||||||||||
Value | Global Allocation | Cap Value | Strategy | Opportunity | Global Macro(a) | |||||||||||||||||||
Investment income: | ||||||||||||||||||||||||
Dividend income | $ | 9,553 | $ | 6,013 | $ | 14,044 | $ | 1,230 | $ | 819 | $ | 13 | ||||||||||||
Withholding taxes on foreign income | (879 | ) | (268 | ) | — | — | (52 | ) | — | |||||||||||||||
Interest income | 2 | 7,345 | 3 | 1 | 647 | 49 | ||||||||||||||||||
Securities lending income (net) | 320 | 60 | 8 | — | 22 | — | (b) | |||||||||||||||||
8,996 | 13,150 | 14,055 | 1,231 | 1,436 | 62 | |||||||||||||||||||
Expenses: | ||||||||||||||||||||||||
Management and advisory | 2,596 | 3,422 | 5,401 | 1,386 | 720 | 1,642 | ||||||||||||||||||
Transfer agent | 7 | 12 | 17 | 3 | 3 | 3 | ||||||||||||||||||
Printing and shareholder reports | 2 | 3 | 5 | 1 | 1 | 2 | ||||||||||||||||||
Custody | 227 | 440 | 82 | 50 | 61 | 178 | ||||||||||||||||||
Administration | 61 | 93 | 138 | 20 | 19 | 24 | ||||||||||||||||||
Legal | 10 | 21 | 22 | 3 | 7 | 11 | ||||||||||||||||||
Audit and tax | 15 | 40 | 10 | 15 | 17 | 22 | ||||||||||||||||||
Trustees | 6 | 10 | 14 | 2 | 2 | 2 | ||||||||||||||||||
Registration | — | (b) | — | (b) | 4 | 1 | — | (b) | 1 | |||||||||||||||
Dividends on securities sold short | — | — | — | 1,160 | — | — | ||||||||||||||||||
Broker expense on securities sold short | — | — | — | 182 | — | — | ||||||||||||||||||
Other | 5 | 6 | 9 | 1 | 1 | 1 | ||||||||||||||||||
Total expenses | 2,929 | 4,047 | 5,702 | 2,824 | 831 | 1,886 | ||||||||||||||||||
Net investment income (loss) | 6,067 | 9,103 | 8,353 | (1,593 | ) | 605 | (1,824 | ) | ||||||||||||||||
Net realized gain (loss) on transactions from: | ||||||||||||||||||||||||
Investment securities | (19,764 | ) | 6,446 | (c) | 15,844 | 14,967 | 2,785 | (2,026 | ) | |||||||||||||||
Futures contracts | — | (1,648 | ) | — | — | — | (1,438 | ) | ||||||||||||||||
Written option contracts | — | 878 | — | — | — | 1,686 | ||||||||||||||||||
Swap agreements | — | (16 | ) | — | — | — | — | |||||||||||||||||
Foreign currency transactions | 305 | (1,551 | ) | — | — | (104 | ) | 3,748 | ||||||||||||||||
Securities sold short | — | — | — | (13,590 | ) | — | — | |||||||||||||||||
(19,459 | ) | 4,109 | 15,844 | 1,377 | 2,681 | 1,970 | ||||||||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on: | ||||||||||||||||||||||||
Investment securities | 20,712 | 37,272 | (d) | 28,892 | 4,583 | (4,460 | ) | 206 | ||||||||||||||||
Futures contracts | — | 403 | — | — | — | 1,401 | ||||||||||||||||||
Written option contracts | — | 231 | — | — | — | 178 | ||||||||||||||||||
Swap agreements | — | (231 | ) | — | — | — | — | |||||||||||||||||
Translation of assets and liabilities denominated in foreign currencies | 62 | 40 | — | — | (420 | ) | (1,248 | ) | ||||||||||||||||
Securities sold short | — | — | — | (5,630 | ) | — | — | |||||||||||||||||
Change in unrealized appreciation (depreciation): | 20,774 | 37,715 | 28,892 | (1,047 | ) | (4,880 | ) | 537 | ||||||||||||||||
Net realized and unrealized gain (loss) | 1,315 | 41,824 | 44,736 | 330 | (2,199 | ) | 2,507 | |||||||||||||||||
Net increase (decrease) in net assets resulting from operations | $ | 7,382 | $ | 50,927 | $ | 53,089 | $ | (1,263 | ) | $ | (1,594 | ) | $ | 683 | ||||||||||
The notes to the financial statements are an integral part of this report. | ||
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(all amounts in thousands)
Transamerica | Transamerica | Transamerica | ||||||||||||||||||||||
Transamerica | JPMorgan | Transamerica | Transamerica | Morgan Stanley | Morgan Stanley | |||||||||||||||||||
JPMorgan Core | International | JPMorgan Mid | Loomis Sayles | Emerging | Mid-Cap | |||||||||||||||||||
Bond | Bond | Cap Value | Bond | Markets Debt(e) | Growth(f) | |||||||||||||||||||
Investment income: | ||||||||||||||||||||||||
Dividend income | $ | — | $ | — | $ | 3,797 | $ | 942 | $ | — | $ | 3,186 | ||||||||||||
Withholding taxes on foreign income | — | (b) | (114 | ) | (8 | ) | — | (4 | ) | (93 | ) | |||||||||||||
Interest income | 24,556 | 16,603 | — | (b) | 37,421 | 23,395 | — | (b) | ||||||||||||||||
Securities lending income (net) | 41 | — | 35 | 73 | 29 | 421 | ||||||||||||||||||
24,597 | 16,489 | 3,824 | 38,436 | 23,420 | 3,514 | |||||||||||||||||||
Expenses: | ||||||||||||||||||||||||
Management and advisory | 3,357 | 3,078 | 1,431 | 3,978 | 3,142 | 2,289 | ||||||||||||||||||
Transfer agent | 27 | 11 | 4 | 15 | 8 | 7 | ||||||||||||||||||
Printing and shareholder reports | 6 | 4 | 2 | 4 | 4 | 3 | ||||||||||||||||||
Custody | 165 | 344 | 37 | 146 | 124 | 78 | ||||||||||||||||||
Administration | 153 | 119 | 35 | 124 | 68 | 57 | ||||||||||||||||||
Legal | 23 | 21 | 6 | 21 | 18 | 13 | ||||||||||||||||||
Audit and tax | 18 | 17 | 14 | 17 | 15 | 14 | ||||||||||||||||||
Trustees | 18 | 12 | 4 | 12 | 7 | 6 | ||||||||||||||||||
Registration | 19 | — | — | (b) | — | (b) | — | — | (b) | |||||||||||||||
Other | 7 | 9 | 2 | 9 | 5 | 3 | ||||||||||||||||||
Total expenses | 3,793 | 3,615 | 1,535 | 4,326 | 3,391 | 2,470 | ||||||||||||||||||
Net investment income | 20,804 | 12,874 | 2,289 | 34,110 | 20,029 | 1,044 | ||||||||||||||||||
Net realized gain (loss) on transactions from: | ||||||||||||||||||||||||
Investment securities | 10,933 | 12,019 | (g) | 892 | 32,510 | 29,294 | 23,184 | |||||||||||||||||
Futures contracts | — | 2,703 | — | — | 78 | — | ||||||||||||||||||
Foreign currency transactions | — | 8,082 | — | 85 | (259 | ) | (24 | ) | ||||||||||||||||
10,933 | 22,804 | 892 | 32,595 | 29,113 | 23,160 | |||||||||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on: | ||||||||||||||||||||||||
Investment securities | 37,162 | (20,161 | ) | 34,397 | 42,603 | 4,358 | 61,594 | |||||||||||||||||
Futures contracts | — | 878 | — | — | — | — | ||||||||||||||||||
Translation of assets and liabilities denominated in foreign currencies | — | 1,425 | — | (13 | ) | 51 | 3 | |||||||||||||||||
Change in unrealized appreciation (depreciation): | 37,162 | (17,858 | ) | 34,397 | 42,590 | 4,409 | 61,597 | |||||||||||||||||
Net realized and unrealized gain | 48,095 | 4,946 | 35,289 | 75,185 | 33,522 | 84,757 | ||||||||||||||||||
Net increase in net assets resulting from operations | $ | 68,899 | $ | 17,820 | $ | 37,578 | $ | 109,295 | $ | 53,551 | $ | 85,801 | ||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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(all amounts in thousands)
Transamerica | Transamerica | Transamerica | Transamerica | Transamerica | ||||||||||||||||||||
Morgan Stanley | Neuberger | Oppenheimer | Oppenheimer | Schroders | Transamerica | |||||||||||||||||||
Small Company | Berman | Developing | Small- & Mid-Cap | International | Third Avenue | |||||||||||||||||||
Growth(h) | International | Markets | Value | Small Cap | Value | |||||||||||||||||||
Investment income: | ||||||||||||||||||||||||
Dividend income | $ | 1,327 | $ | 12,190 | $ | 9,965 | $ | 3,312 | $ | 12,098 | $ | 8,009 | ||||||||||||
Withholding taxes on foreign income | (9 | ) | (1,008 | ) | (783 | ) | (7 | ) | (1,026 | ) | (388 | ) | ||||||||||||
Interest income | 1 | 1 | 2 | 2 | 1 | 50 | ||||||||||||||||||
Securities lending income (net) | 254 | 338 | 72 | 43 | 389 | 112 | ||||||||||||||||||
1,573 | 11,521 | 9,256 | 3,350 | 11,462 | 7,783 | |||||||||||||||||||
Expenses: | ||||||||||||||||||||||||
Management and advisory | 1,500 | 4,854 | 5,794 | 2,634 | 5,580 | 3,374 | ||||||||||||||||||
Transfer agent | 4 | 13 | 13 | 7 | 13 | 10 | ||||||||||||||||||
Printing and shareholder reports | 2 | 4 | 4 | 2 | 5 | 3 | ||||||||||||||||||
Custody | 43 | 338 | 768 | 46 | 452 | 144 | ||||||||||||||||||
Administration | 32 | 101 | 103 | 58 | 107 | 84 | ||||||||||||||||||
Legal | 7 | 21 | 18 | 10 | 17 | 14 | ||||||||||||||||||
Audit and tax | 14 | 17 | 46 | 22 | 33 | 15 | ||||||||||||||||||
Trustees | 3 | 10 | 10 | 6 | 11 | 9 | ||||||||||||||||||
Registration | — | 3 | — | — | 5 | — | ||||||||||||||||||
Other | 2 | 8 | 7 | 3 | 8 | 6 | ||||||||||||||||||
Total expenses | 1,607 | 5,369 | 6,763 | 2,788 | 6,231 | 3,659 | ||||||||||||||||||
Net investment income (loss) | (34 | ) | 6,152 | 2,493 | 562 | 5,231 | 4,124 | |||||||||||||||||
Net realized gain (loss) on transactions from: | ||||||||||||||||||||||||
Investment securities | 1,234 | 691 | (i) | 50,831 | (j) | 40,962 | 24,089 | 11,518 | ||||||||||||||||
Foreign currency transactions | (14 | ) | (491 | ) | (428 | ) | (7 | ) | (173 | ) | 55 | |||||||||||||
1,220 | 200 | 50,403 | 40,955 | 23,916 | 11,573 | |||||||||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on: | ||||||||||||||||||||||||
Investment securities | 32,190 | 83,081 | (k) | 86,533 | (l) | 13,072 | 50,471 | 51,184 | ||||||||||||||||
Translation of assets and liabilities denominated in foreign currencies | — | 4 | 101 | — | 112 | 15 | ||||||||||||||||||
Change in unrealized appreciation (depreciation): | 32,190 | 83,085 | 86,634 | 13,072 | 50,583 | 51,199 | ||||||||||||||||||
Net realized and unrealized gain | 33,410 | 83,285 | 137,037 | 54,027 | 74,499 | 62,772 | ||||||||||||||||||
Net increase in net assets resulting from operations | $ | 33,376 | $ | 89,437 | $ | 139,530 | $ | 54,589 | $ | 79,730 | $ | 66,896 | ||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts in thousands)
Transamerica | ||||||||||||
Thornburg | Transamerica | Transamerica | ||||||||||
International | UBS Large Cap | WMC Emerging | ||||||||||
Value | Value | Markets | ||||||||||
Investment income: | ||||||||||||
Dividend income | $ | 13,907 | $ | 21,840 | $ | 6,335 | ||||||
Withholding taxes on foreign income | (1,195 | ) | — | (601 | ) | |||||||
Interest income | 2 | 1 | 1 | |||||||||
Securities lending income (net) | 75 | 7 | 37 | |||||||||
12,789 | 21,848 | 5,772 | ||||||||||
Expenses: | ||||||||||||
Management and advisory | 6,169 | 7,973 | 3,025 | |||||||||
Transfer agent | 17 | 27 | 11 | |||||||||
Printing and shareholder reports | 5 | 7 | 3 | |||||||||
Custody | 373 | 106 | 523 | |||||||||
Administration | 125 | 213 | 53 | |||||||||
Legal | 20 | 35 | 9 | |||||||||
Audit and tax | 16 | 10 | 18 | |||||||||
Trustees | 13 | 22 | 5 | |||||||||
Registration | 5 | 7 | 49 | |||||||||
Other | 9 | 14 | 18 | |||||||||
Total expenses | 6,752 | 8,414 | 3,714 | |||||||||
Expenses reimbursed | — | — | (10 | ) | ||||||||
Net expenses | 6,752 | 8,414 | 3,704 | |||||||||
Net investment income | 6,037 | 13,434 | 2,068 | |||||||||
Net realized gain (loss) on transactions from: | ||||||||||||
Investment securities | 8,379 | (38,588 | ) | 21,987 | (m) | |||||||
Foreign currency transactions | 77 | — | (720 | ) | ||||||||
8,456 | (38,588 | ) | 21,267 | |||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on: | ||||||||||||
Investment securities | 85,041 | 126,853 | 28,650 | (n) | ||||||||
Translation of assets and liabilities denominated in foreign currencies | (3,948 | ) | — | (384 | ) | |||||||
Change in unrealized appreciation (depreciation): | 81,093 | 126,853 | 28,266 | |||||||||
Net realized and unrealized gain | 89,549 | 88,265 | 49,533 | |||||||||
Net increase in net assets resulting from operations | $ | 95,586 | $ | 101,699 | $ | 51,601 | ||||||
(a) | Formerly, Transamerica UBS Dynamic Alpha. | |
(b) | Rounds to less than $1. | |
(c) | Net of foreign capital gains tax of $11. | |
(d) | Net of foreign capital gains tax of $80. | |
(e) | Formerly, Transamerica Van Kampen Emerging Markets Debt. | |
(f) | Formerly, Transamerica Van Kampen Mid-Cap Growth. | |
(g) | Net of foreign capital gains tax of $188. | |
(h) | Formerly, Transamerica Van Kampen Small Company Growth. | |
(i) | Net of foreign capital gains tax of $63. | |
(j) | Net of foreign capital gains tax of $10. | |
(k) | Net of foreign capital gains tax of $3. | |
(l) | Net of foreign capital gains tax of $420. | |
(m) | Net of foreign capital gains tax of $269. | |
(n) | Net of foreign capital gains tax of $946. |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 147
Table of Contents
For the years ended:
(all amounts in thousands)
Transamerica AllianceBernstein | Transamerica BlackRock Global | Transamerica BlackRock Large | ||||||||||||||||||||||
International Value | Allocation | Cap Value | ||||||||||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income (loss) | $ | 6,067 | $ | 5,931 | $ | 9,103 | $ | 8,385 | $ | 8,353 | $ | 8,503 | ||||||||||||
Net realized gain (loss)(a) | (19,459 | ) | (106,037 | ) | 4,109 | (21,913 | ) | 15,844 | (118,880 | ) | ||||||||||||||
Change in unrealized appreciation (depreciation)(b) | 20,774 | 155,333 | 37,715 | 91,044 | 28,892 | 131,940 | ||||||||||||||||||
Net increase in net assets resulting from operations | 7,382 | 55,227 | 50,927 | 77,516 | 53,089 | 21,563 | ||||||||||||||||||
Distributions to shareholders: | ||||||||||||||||||||||||
From net investment income | (6,770 | ) | (12,685 | ) | (9,113 | ) | (22,476 | ) | (8,593 | ) | (8,083 | ) | ||||||||||||
From net realized gains | — | — | — | (20,996 | ) | — | — | |||||||||||||||||
Total distributions to shareholders | (6,770 | ) | (12,685 | ) | (9,113 | ) | (43,472 | ) | (8,593 | ) | (8,083 | ) | ||||||||||||
Capital share transactions: | ||||||||||||||||||||||||
Proceeds from shares sold | 56,394 | 33,207 | 32,667 | 20,209 | 43,019 | 175,569 | ||||||||||||||||||
Dividends and distributions reinvested | 6,770 | 12,685 | 9,113 | 43,472 | 8,593 | 8,083 | ||||||||||||||||||
Cost of shares redeemed | (81,093 | ) | (20,703 | ) | (35,268 | ) | (26,527 | ) | (27,578 | ) | (25,273 | ) | ||||||||||||
Net increase (decrease) in net assets resulting from capital shares transactions | (17,929 | ) | 25,189 | 6,512 | 37,154 | 24,034 | 158,379 | |||||||||||||||||
Net increase (decrease) in net assets | (17,317 | ) | 67,731 | 48,326 | 71,198 | 68,530 | 171,859 | |||||||||||||||||
Net assets: | ||||||||||||||||||||||||
Beginning of year | 316,068 | 248,337 | 448,979 | 377,781 | 633,675 | 461,816 | ||||||||||||||||||
End of year | $ | 298,751 | $ | 316,068 | $ | 497,305 | $ | 448,979 | $ | 702,205 | $ | 633,675 | ||||||||||||
Undistributed (accumulated) net investment income (loss) | $ | 5,051 | $ | 5,809 | $ | 4,876 | $ | 5,644 | $ | 6,421 | $ | 6,661 | ||||||||||||
Share activity: | ||||||||||||||||||||||||
Shares issued | 7,432 | 4,629 | 3,130 | 2,172 | 5,351 | 22,694 | ||||||||||||||||||
Shares issued-reinvested from distributions | 856 | 2,013 | 893 | 5,084 | 1,047 | 1,107 | ||||||||||||||||||
Shares redeemed | (11,801 | ) | (3,691 | ) | (3,393 | ) | (2,809 | ) | (3,380 | ) | (3,379 | ) | ||||||||||||
Net increase (decrease) in shares outstanding | (3,513 | ) | 2,951 | 630 | 4,447 | 3,018 | 20,422 | |||||||||||||||||
Transamerica BNY Mellon Market | Transamerica Federated Market | Transamerica First Quadrant | ||||||||||||||||||||||
Neutral Strategy | Opportunity | Global Macro(c) | ||||||||||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income (loss) | $ | (1,593 | ) | $ | (1,744 | ) | $ | 605 | $ | 453 | $ | (1,824 | ) | $ | 333 | |||||||||
Net realized gain (loss)(a) | 1,377 | (9,730 | ) | 2,681 | (11,402 | ) | 1,970 | (40,124 | ) | |||||||||||||||
Change in unrealized appreciation (depreciation)(b) | (1,047 | ) | 1,363 | (4,880 | ) | 20,710 | 537 | 34,221 | ||||||||||||||||
Net increase (decrease) in net assets resulting from operations | (1,263 | ) | (10,111 | ) | (1,594 | ) | 9,761 | 683 | (5,570 | ) | ||||||||||||||
Distributions to shareholders: | ||||||||||||||||||||||||
From net investment income | — | — | (722 | ) | (39 | ) | — | (606 | ) | |||||||||||||||
From net realized gains | — | — | — | (4,308 | ) | — | (41,308 | ) | ||||||||||||||||
From return of capital | — | (1,349 | ) | — | (1,344 | ) | — | (1,013 | ) | |||||||||||||||
Total distributions to shareholders | — | (1,349 | ) | (722 | ) | (5,691 | ) | — | (42,927 | ) | ||||||||||||||
Capital share transactions: | ||||||||||||||||||||||||
Proceeds from shares sold | 28,414 | 7,254 | 21,945 | 3,527 | 18,983 | 7,143 | ||||||||||||||||||
Dividends and distributions reinvested | — | 1,349 | 722 | 5,691 | — | 42,927 | ||||||||||||||||||
Cost of shares redeemed | (5,491 | ) | (31,809 | ) | (13,441 | ) | (2,206 | ) | (541 | ) | (60,123 | ) | ||||||||||||
Net increase (decrease) in net assets resulting from capital shares transactions | 22,923 | (23,206 | ) | 9,226 | 7,012 | 18,442 | (10,053 | ) | ||||||||||||||||
Net increase (decrease) in net assets | 21,660 | (34,666 | ) | 6,910 | 11,082 | 19,125 | (58,550 | ) | ||||||||||||||||
Net assets: | ||||||||||||||||||||||||
Beginning of year | 86,682 | 121,348 | 85,562 | 74,480 | 107,017 | 165,567 | ||||||||||||||||||
End of year | $ | 108,342 | $ | 86,682 | $ | 92,472 | $ | 85,562 | $ | 126,142 | $ | 107,017 | ||||||||||||
Undistributed (accumulated) net investment income (loss) | $ | — | $ | — | $ | 403 | $ | — | $ | — | $ | — | ||||||||||||
Share activity: | ||||||||||||||||||||||||
Shares issued | 3,404 | 849 | 2,522 | 395 | 3,090 | 1,233 | ||||||||||||||||||
Shares issued-reinvested from distributions | — | 145 | 84 | 664 | — | 8,401 | ||||||||||||||||||
Shares redeemed | (658 | ) | (3,481 | ) | (1,535 | ) | (246 | ) | (89 | ) | (11,261 | ) | ||||||||||||
Net increase (decrease) in shares outstanding | 2,746 | (2,487 | ) | 1,071 | 813 | 3,001 | (1,627 | ) | ||||||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 148
Table of Contents
For the years ended:
(all amounts in thousands)
Transamerica JPMorgan Core | Transamerica JPMorgan | Transamerica JPMorgan Mid Cap | ||||||||||||||||||||||
Bond | International Bond | Value | ||||||||||||||||||||||
October 31, | ||||||||||||||||||||||||
October 31, 2010 | 2009(d) | October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income (loss) | $ | 20,804 | $ | 1,406 | $ | 12,874 | $ | 16,393 | $ | 2,289 | $ | 3,099 | ||||||||||||
Net realized gain (loss)(a) | 10,933 | 14 | 22,804 | 17,635 | 892 | (25,131 | ) | |||||||||||||||||
Change in unrealized appreciation (depreciation)(b) | 37,162 | 1,435 | (17,858 | ) | 78,753 | 34,397 | 43,368 | |||||||||||||||||
Net increase in net assets resulting from operations | 68,899 | 2,855 | 17,820 | 112,781 | 37,578 | 21,336 | ||||||||||||||||||
Distributions to shareholders: | ||||||||||||||||||||||||
From net investment income | (23,223 | ) | (1,127 | ) | (22,408 | ) | (43,396 | ) | (3,125 | ) | (3,382 | ) | ||||||||||||
From net realized gains | — | — | (7,372 | ) | (6,155 | ) | — | (1,094 | ) | |||||||||||||||
Total distributions to shareholders | (23,223 | ) | (1,127 | ) | (29,780 | ) | (49,551 | ) | (3,125 | ) | (4,476 | ) | ||||||||||||
Capital share transactions: | ||||||||||||||||||||||||
Proceeds from shares sold | 950,778 | 218,178 | 194,597 | 15,190 | — | 17,074 | ||||||||||||||||||
Dividends and distributions reinvested | 23,223 | 1,127 | 29,747 | 49,551 | 3,125 | 4,476 | ||||||||||||||||||
Cost of shares redeemed | (172,035 | ) | (5,217 | ) | (498,207 | ) | (94,085 | ) | (39,804 | ) | (20,344 | ) | ||||||||||||
Net increase (decrease) in net assets resulting from capital shares transactions | 801,966 | 214,088 | (273,863 | ) | (29,344 | ) | (36,679 | ) | 1,206 | |||||||||||||||
Net increase (decrease) in net assets | 847,642 | 215,816 | (285,823 | ) | 33,886 | (2,226 | ) | 18,066 | ||||||||||||||||
Net assets: | ||||||||||||||||||||||||
Beginning of year | 215,816 | — | 732,964 | 699,078 | 165,838 | 147,772 | ||||||||||||||||||
End of year | $ | 1,063,458 | $ | 215,816 | $ | 447,141 | $ | 732,964 | $ | 163,612 | $ | 165,838 | ||||||||||||
Undistributed (accumulated) net investment income (loss) | $ | 1,909 | $ | 499 | $ | 18,305 | $ | 10,160 | $ | 1,532 | $ | 2,369 | ||||||||||||
Share activity: | ||||||||||||||||||||||||
Shares issued | 93,570 | 21,821 | 17,820 | 1,355 | — | 2,416 | ||||||||||||||||||
Shares issued-reinvested from distributions | 2,258 | 112 | 2,640 | 4,407 | 356 | 643 | ||||||||||||||||||
Shares redeemed | (16,532 | ) | (519 | ) | (46,433 | ) | (8,964 | ) | (4,293 | ) | (2,638 | ) | ||||||||||||
Net increase (decrease) in shares outstanding | 79,296 | 21,414 | (25,973 | ) | (3,202 | ) | (3,937 | ) | 421 | |||||||||||||||
Transamerica Morgan Stanley | Transamerica Morgan Stanley Mid- | |||||||||||||||||||||||
Transamerica Loomis Sayles Bond | Emerging Markets Debt(e) | Cap Growth(f) | ||||||||||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income (loss) | $ | 34,110 | $ | 47,988 | $ | 20,029 | $ | 23,272 | $ | 1,044 | $ | (91 | ) | |||||||||||
Net realized gain (loss)(a) | 32,595 | (22,336 | ) | 29,113 | (17,390 | ) | 23,160 | 1,465 | ||||||||||||||||
Change in unrealized appreciation (depreciation)(b) | 42,590 | 230,392 | 4,409 | 101,754 | 61,597 | 51,429 | ||||||||||||||||||
Net increase in net assets resulting from operations | 109,295 | 256,044 | 53,551 | 107,636 | 85,801 | 52,803 | ||||||||||||||||||
Distributions to shareholders: | ||||||||||||||||||||||||
From net investment income | (36,806 | ) | (44,761 | ) | (20,346 | ) | (20,808 | ) | (439 | ) | (121 | ) | ||||||||||||
From net realized gains | — | (4,085 | ) | — | — | — | — | |||||||||||||||||
Total distributions to shareholders | (36,806 | ) | (48,846 | ) | (20,346 | ) | (20,808 | ) | (439 | ) | (121 | ) | ||||||||||||
Capital share transactions: | ||||||||||||||||||||||||
Proceeds from shares sold | 44,402 | 35,720 | 1,861 | 1,679 | 21,508 | 106,246 | ||||||||||||||||||
Dividends and distributions reinvested | 36,806 | 48,845 | 20,346 | 20,807 | 439 | 121 | ||||||||||||||||||
Cost of shares redeemed | (371,729 | ) | (56,879 | ) | (135,454 | ) | (47,046 | ) | (70,946 | ) | (978 | ) | ||||||||||||
Net increase (decrease) in net assets resulting from capital shares transactions | (290,521 | ) | 27,686 | (113,247 | ) | (24,560 | ) | (48,999 | ) | 105,389 | ||||||||||||||
Net increase (decrease) in net assets | (218,032 | ) | 234,884 | (80,042 | ) | 62,268 | 36,363 | 158,071 | ||||||||||||||||
Net assets: | ||||||||||||||||||||||||
Beginning of year | 812,252 | 577,368 | 382,618 | 320,350 | 256,212 | 98,141 | ||||||||||||||||||
End of year | $ | 594,220 | $ | 812,252 | $ | 302,576 | $ | 382,618 | $ | 292,575 | $ | 256,212 | ||||||||||||
Undistributed (accumulated) net investment income (loss) | $ | 8,326 | $ | 5,777 | $ | 693 | $ | 990 | $ | 559 | $ | 1 | ||||||||||||
Share activity: | ||||||||||||||||||||||||
Shares issued | 4,240 | 4,217 | 173 | 179 | 2,023 | 13,628 | ||||||||||||||||||
Shares issued-reinvested from distributions | 3,604 | 6,195 | 1,926 | 2,409 | 43 | 18 | ||||||||||||||||||
Shares redeemed | (36,244 | ) | (7,306 | ) | (12,699 | ) | (5,349 | ) | (6,434 | ) | (106 | ) | ||||||||||||
Net increase (decrease) in shares outstanding | (28,400 | ) | 3,106 | (10,600 | ) | (2,761 | ) | (4,368 | ) | 13,540 | ||||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 149
Table of Contents
For the years ended:
(all amounts in thousands)
Transamerica Morgan Stanley | Transamerica Neuberger Berman | Transamerica Oppenheimer | ||||||||||||||||||||||
Small Company Growth(g) | International | Developing Markets | ||||||||||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income (loss) | $ | (34 | ) | $ | (151 | ) | $ | 6,152 | $ | 5,275 | $ | 2,493 | $ | 2,854 | ||||||||||
Net realized gain (loss)(a) | 1,220 | (3,627 | ) | 200 | (99,278 | ) | 50,403 | (79,355 | ) | |||||||||||||||
Change in unrealized appreciation (depreciation)(b) | 32,190 | 22,009 | 83,085 | 179,227 | 86,634 | 254,179 | ||||||||||||||||||
Net increase in net assets resulting from operations | 33,376 | 18,231 | 89,437 | 85,224 | 139,530 | 177,678 | ||||||||||||||||||
Distributions to shareholders: | ||||||||||||||||||||||||
From net investment income | — | (1,228 | ) | (4,520 | ) | (8,575 | ) | (2,488 | ) | (6,340 | ) | |||||||||||||
From net realized gains | — | — | — | — | — | (57,434 | ) | |||||||||||||||||
From return of capital | — | (126 | ) | — | — | — | — | |||||||||||||||||
Total distributions to shareholders | — | (1,354 | ) | (4,520 | ) | (8,575 | ) | (2,488 | ) | (63,774 | ) | |||||||||||||
Capital share transactions: | ||||||||||||||||||||||||
Proceeds from shares sold | 20,122 | 65,454 | 64,435 | 142,391 | 126,210 | 39,328 | ||||||||||||||||||
Dividends and distributions reinvested | — | 1,354 | 4,520 | 8,575 | 2,488 | 63,774 | ||||||||||||||||||
Cost of shares redeemed | (1,927 | ) | (15,010 | ) | (54,826 | ) | (49,793 | ) | (151,164 | ) | (39,343 | ) | ||||||||||||
Net increase (decrease) in net assets resulting from capital shares transactions | 18,195 | 51,798 | 14,129 | 101,173 | (22,466 | ) | 63,759 | |||||||||||||||||
Net increase in net assets | 51,571 | 68,675 | 99,046 | 177,822 | 114,576 | 177,663 | ||||||||||||||||||
Net assets: | ||||||||||||||||||||||||
Beginning of year | 129,889 | 61,214 | 485,803 | 307,981 | 495,636 | 317,973 | ||||||||||||||||||
End of year | $ | 181,460 | $ | 129,889 | $ | 584,849 | $ | 485,803 | $ | 610,212 | $ | 495,636 | ||||||||||||
Undistributed (accumulated) net investment income (loss) | $ | 390 | $ | (25 | ) | $ | 5,160 | $ | 4,121 | $ | 1,724 | $ | 2,441 | |||||||||||
Share activity: | ||||||||||||||||||||||||
Shares issued | 2,049 | 8,645 | 7,825 | 19,249 | 10,552 | 4,766 | ||||||||||||||||||
Shares issued-reinvested from distributions | — | 203 | 575 | 1,441 | 226 | 10,204 | ||||||||||||||||||
Shares redeemed | (194 | ) | (2,401 | ) | (7,177 | ) | (8,229 | ) | (13,996 | ) | (4,790 | ) | ||||||||||||
Net increase (decrease) in shares outstanding | 1,855 | 6,447 | 1,223 | 12,461 | (3,218 | ) | 10,180 | |||||||||||||||||
Transamerica Oppenheimer Small- | Transamerica Schroders | |||||||||||||||||||||||
& Mid-Cap Value | International Small Cap | Transamerica Third Avenue Value | ||||||||||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income (loss) | $ | 562 | $ | 977 | $ | 5,231 | $ | 2,592 | $ | 4,124 | $ | 3,343 | ||||||||||||
Net realized gain (loss)(a) | 40,955 | (44,827 | ) | 23,916 | (13,694 | ) | 11,573 | (85,958 | ) | |||||||||||||||
Change in unrealized appreciation (depreciation)(b) | 13,072 | 107,779 | 50,583 | 92,601 | 51,199 | 127,228 | ||||||||||||||||||
Net increase in net assets resulting from operations | 54,589 | 63,929 | 79,730 | 81,499 | 66,896 | 44,613 | ||||||||||||||||||
Distributions to shareholders: | ||||||||||||||||||||||||
From net investment income | (1,363 | ) | (701 | ) | (3,075 | ) | (1,875 | ) | (6,092 | ) | — | |||||||||||||
Total distributions to shareholders | (1,363 | ) | (701 | ) | (3,075 | ) | (1,875 | ) | (6,092 | ) | — | |||||||||||||
Capital share transactions: | ||||||||||||||||||||||||
Proceeds from shares sold | 9,163 | 91,818 | 28,564 | 374,388 | 7,367 | 98,997 | ||||||||||||||||||
Dividends and distributions reinvested | 1,363 | 701 | 3,075 | 1,875 | 6,092 | — | ||||||||||||||||||
Cost of shares redeemed | (33,808 | ) | (14,352 | ) | (103,679 | ) | (20,869 | ) | (114,679 | ) | (56,905 | ) | ||||||||||||
Net increase (decrease) in net assets resulting from capital shares transactions | (23,282 | ) | 78,167 | (72,040 | ) | 355,394 | (101,220 | ) | 42,092 | |||||||||||||||
Net increase (decrease) in net assets | 29,944 | 141,395 | 4,615 | 435,018 | (40,416 | ) | 86,705 | |||||||||||||||||
Net assets: | ||||||||||||||||||||||||
Beginning of year | 269,281 | 127,886 | 543,673 | 108,655 | 423,550 | 336,845 | ||||||||||||||||||
End of year | $ | 299,225 | $ | 269,281 | $ | 548,288 | $ | 543,673 | $ | 383,134 | $ | 423,550 | ||||||||||||
Undistributed (accumulated) net investment income (loss) | $ | — | $ | 789 | $ | 5,112 | $ | 2,970 | $ | 3,207 | $ | 3,221 | ||||||||||||
Share activity: | ||||||||||||||||||||||||
Shares issued | 1,018 | 16,552 | 3,305 | 50,555 | 366 | 6,775 | ||||||||||||||||||
Shares issued-reinvested from distributions | 165 | 123 | 368 | 328 | 313 | — | ||||||||||||||||||
Shares redeemed | (3,976 | ) | (2,096 | ) | (13,096 | ) | (3,389 | ) | (5,881 | ) | (3,698 | ) | ||||||||||||
Net increase (decrease) in shares outstanding | (2,793 | ) | 14,579 | (9,423 | ) | 47,494 | (5,202 | ) | 3,077 | |||||||||||||||
The notes to the financial statements are an integral part of this report. | ||
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For the years ended:
(all amounts in thousands)
Transamerica Thornburg | Transamerica UBS Large Cap | Transamerica WMC Emerging | ||||||||||||||||||||||
International Value | Value | Markets | ||||||||||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income (loss) | $ | 6,037 | $ | 2,643 | $ | 13,434 | $ | 11,964 | $ | 2,068 | $ | 977 | ||||||||||||
Net realized gain (loss)(a) | 8,456 | 1,663 | (38,588 | ) | (205,633 | ) | 21,267 | 4,217 | ||||||||||||||||
Change in unrealized appreciation (depreciation)(b) | 81,093 | 64,297 | 126,853 | 234,116 | 28,266 | 44,995 | ||||||||||||||||||
Net increase in net assets resulting from operations | 95,586 | 68,603 | 101,699 | 40,447 | 51,601 | 50,189 | ||||||||||||||||||
Distributions to shareholders: | ||||||||||||||||||||||||
From net investment income | (3,505 | ) | — | (12,793 | ) | (16,273 | ) | (956 | ) | — | ||||||||||||||
From net realized gains | (1,787 | ) | (634 | ) | — | — | (3,430 | ) | — | |||||||||||||||
Total distributions to shareholders | (5,292 | ) | (634 | ) | (12,793 | ) | (16,273 | ) | (4,386 | ) | — | |||||||||||||
Capital share transactions: | ||||||||||||||||||||||||
Proceeds from shares sold | 168,436 | 480,007 | 80,736 | 326,000 | 232,087 | 56,923 | ||||||||||||||||||
Dividends and distributions reinvested | 5,292 | 634 | 12,793 | 16,273 | 4,386 | — | ||||||||||||||||||
Cost of shares redeemed | (77,077 | ) | (36,587 | ) | (59,530 | ) | (65,816 | ) | (50,969 | ) | (4,647 | ) | ||||||||||||
Net increase in net assets resulting from capital shares transactions | 96,651 | 444,054 | 33,999 | 276,457 | 185,504 | 52,276 | ||||||||||||||||||
Net increase in net assets | 186,945 | 512,023 | 122,905 | 300,631 | 232,719 | 102,465 | ||||||||||||||||||
Net assets: | ||||||||||||||||||||||||
Beginning of year | 591,539 | 79,516 | 1,002,628 | 701,997 | 178,592 | 76,127 | ||||||||||||||||||
End of year | $ | 778,484 | $ | 591,539 | $ | 1,125,533 | $ | 1,002,628 | $ | 411,311 | $ | 178,592 | ||||||||||||
Undistributed (accumulated) net investment income (loss) | $ | 3,805 | $ | 2,364 | $ | 10,114 | $ | 9,473 | $ | 183 | $ | 308 | ||||||||||||
Share activity: | ||||||||||||||||||||||||
Shares issued | 16,656 | 55,369 | 9,068 | 38,667 | 18,069 | 5,415 | ||||||||||||||||||
Shares issued-reinvested from distributions | 532 | 81 | 1,438 | 2,238 | 346 | — | ||||||||||||||||||
Shares redeemed | (8,200 | ) | (4,377 | ) | (6,760 | ) | (9,307 | ) | (4,430 | ) | (542 | ) | ||||||||||||
Net increase in shares outstanding | 8,988 | 51,073 | 3,746 | 31,598 | 13,985 | 4,873 | ||||||||||||||||||
(a) | Net realized gain (loss) includes all items listed in the Statements of Operations | |
(b) | Change in unrealized appreciation (depreciation) includes all items listed in the Statements of Operations. | |
(c) | Formerly, Transamerica UBS Dynamic Alpha. | |
(d) | Commenced operations on July 1, 2009. | |
(e) | Formerly, Transamerica Van Kampen Emerging Markets Debt. | |
(f) | Formerly, Transamerica Van Kampen Mid-Cap Growth. | |
(g) | Formerly, Transamerica Van Kampen Small Company Growth. |
The notes to the financial statements are an integral part of this report. | ||
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Transamerica AllianceBernstein International Value | ||||||||||||||||||||
October 31, | ||||||||||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | October 31, 2008 | October 31, 2007 | 2006(a) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 7.79 | $ | 6.61 | $ | 14.88 | $ | 12.35 | $ | 10.00 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.15 | 0.16 | 0.30 | 0.25 | 0.20 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.29 | 1.37 | (7.43 | ) | 2.65 | 2.16 | ||||||||||||||
Total from investment operations | 0.44 | 1.53 | (7.13 | ) | 2.90 | 2.36 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.16 | ) | (0.35 | ) | (0.21 | ) | (0.15 | ) | (0.01 | ) | ||||||||||
Net realized gains on investments | — | — | (0.93 | ) | (0.22 | ) | — | |||||||||||||
Total distributions | (0.16 | ) | (0.35 | ) | (1.14 | ) | (0.37 | ) | (0.01 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 8.07 | $ | 7.79 | $ | 6.61 | $ | 14.88 | $ | 12.35 | ||||||||||
Total return(c) | 5.61 | % | 24.32 | % | (51.72 | %) | 23.99 | % | 23.67 | % (d) | ||||||||||
Net assets end of year (000’s) | $ | 298,751 | $ | 316,068 | $ | 248,337 | $ | 519,217 | $ | 376,531 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets: | ||||||||||||||||||||
After reimbursement/recapture | 0.97 | % | 0.97 | % | 0.94 | % | 0.93 | % | 0.99 | % (e) | ||||||||||
Before reimbursement/recapture | 0.97 | % | 0.97 | % | 0.94 | % | 0.93 | % | 0.99 | % (e) | ||||||||||
Net investment income, to average net assets | 2.00 | % | 2.39 | % | 2.71 | % | 1.82 | % | 1.91 | % (e) | ||||||||||
Portfolio turnover rate | 59 | % | 59 | % | 33 | % | 36 | % | 22 | % (d) | ||||||||||
Transamerica BlackRock Global Allocation | ||||||||||||||||||||
October 31, | ||||||||||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | October 31, 2008 | October 31, 2007 | 2006(a) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 9.99 | $ | 9.32 | $ | 13.23 | $ | 11.23 | $ | 10.00 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.20 | 0.19 | 0.27 | 0.24 | 0.19 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.93 | 1.55 | (3.25 | ) | 2.15 | 1.06 | ||||||||||||||
Total from investment operations | 1.13 | 1.74 | (2.98 | ) | 2.39 | 1.25 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.21 | ) | (0.55 | ) | (0.35 | ) | (0.20 | ) | (0.02 | ) | ||||||||||
Net realized gains on investments | — | (0.52 | ) | (0.58 | ) | (0.19 | ) | — | ||||||||||||
Total distributions | (0.21 | ) | (1.07 | ) | (0.93 | ) | (0.39 | ) | (0.02 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 10.91 | $ | 9.99 | $ | 9.32 | $ | 13.23 | $ | 11.23 | ||||||||||
Total return(c) | 11.40 | % | 20.57 | % | (24.23 | %) | 21.95 | % | 12.45 | % (d) | ||||||||||
Net assets end of year (000’s) | $ | 497,305 | $ | 448,979 | $ | 377,781 | $ | 520,484 | $ | 490,941 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets: | ||||||||||||||||||||
After reimbursement/recapture | 0.87 | % | 0.90 | % | 0.88 | % | 0.85 | % | 0.90 | % (e) | ||||||||||
Before reimbursement/recapture | 0.87 | % | 0.90 | % | 0.88 | % | 0.85 | % | 0.90 | % (e) | ||||||||||
Net investment income, to average net assets | 1.96 | % | 2.08 | % | 2.25 | % | 2.04 | % | 2.02 | % (e) | ||||||||||
Portfolio turnover rate | 43 | % | 43 | % | 49 | % | 30 | % | 31 | % (d) | ||||||||||
The notes to the financial statements are an integral part of this report. | ||
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Transamerica BlackRock Large Cap Value | ||||||||||||||||||||
October 31, | ||||||||||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | October 31, 2008 | October 31, 2007 | 2006(f) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 7.81 | $ | 7.61 | $ | 13.08 | $ | 12.15 | $ | 10.47 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.10 | 0.13 | 0.13 | 0.12 | 0.07 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.54 | 0.20 | (4.78 | ) | 1.27 | 1.64 | ||||||||||||||
Total from investment operations | 0.64 | 0.33 | (4.65 | ) | 1.39 | 1.71 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.11 | ) | (0.13 | ) | (0.09 | ) | (0.09 | ) | (0.03 | ) | ||||||||||
Net realized gains on investments | — | — | (0.73 | ) | (0.37 | ) | — | |||||||||||||
Total distributions | (0.11 | ) | (0.13 | ) | (0.82 | ) | (0.46 | ) | (0.03 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 8.34 | $ | 7.81 | $ | 7.61 | $ | 13.08 | $ | 12.15 | ||||||||||
Total return(c) | 8.16 | % | 4.50 | % | (37.76 | %) | 11.80 | % | 16.36 | % (d) | ||||||||||
Net assets end of year (000’s) | $ | 702,205 | $ | 633,675 | $ | 461,816 | $ | 610,135 | $ | 506,529 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets: | ||||||||||||||||||||
After reimbursement/recapture | 0.83 | % | 0.83 | % | 0.83 | % | 0.84 | % | 0.84 | % (e) | ||||||||||
Before reimbursement/recapture | 0.83 | % | 0.83 | % | 0.83 | % | 0.84 | % | 0.84 | % (e) | ||||||||||
Net investment income, to average net assets | 1.21 | % | 1.87 | % | 1.21 | % | 0.96 | % | 0.62 | % (e) | ||||||||||
Portfolio turnover rate | 124 | % | 130 | % | 71 | % | 69 | % | 56 | % (d) |
Transamerica BNY Mellon Market Neutral Strategy | ||||||||||||||||
October 31, | ||||||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | October 31, 2008 | 2007(g) | ||||||||||||
Net asset value | ||||||||||||||||
Beginning of year | $ | 8.43 | $ | 9.51 | $ | 9.78 | $ | 10.00 | ||||||||
Investment operations | ||||||||||||||||
Net investment income (loss)(b) | (0.13 | ) | (0.17 | ) | 0.10 | 0.23 | ||||||||||
Net realized and unrealized gain (loss) on investments | 0.02 | (0.80 | ) | 0.20 | (0.45 | ) | ||||||||||
Total from investment operations | (0.11 | ) | (0.97 | ) | 0.30 | 0.22 | ||||||||||
Distributions | ||||||||||||||||
Net investment income | — | — | (0.57 | ) | — | |||||||||||
Return of capital | — | (0.11 | ) | — | — | |||||||||||
Total distributions | — | (0.11 | ) | (0.57 | ) | — | ||||||||||
Net asset value | ||||||||||||||||
End of year | $ | 8.32 | $ | 8.43 | $ | 9.51 | $ | 9.78 | ||||||||
Total return(c) | (1.30 | %) | (10.27 | %) | 3.30 | % | (2.20 | %) (d) | ||||||||
Net assets end of year (000’s) | $ | 108,342 | $ | 86,682 | $ | 121,348 | $ | 112,394 | ||||||||
Ratio and supplemental data | ||||||||||||||||
Expenses to average net assets: | ||||||||||||||||
After reimbursement/recapture | 2.85 | % (h) | 3.61 | % (h) | 2.79 | % (h) | 3.05 | % (e),(h) | ||||||||
Before reimbursement/recapture | 2.85 | % (h) | 3.61 | % (h) | 2.79 | % (h) | 3.05 | % (e),(h) | ||||||||
Net investment income (loss), to average net assets | (1.61 | %) (h) | (1.87 | %) (h) | 1.05 | % (h) | 2.77 | % (e),(h) | ||||||||
Portfolio turnover rate | 303 | % | 463 | % | 192 | % | 119 | % (d) |
The notes to the financial statements are an integral part of this report. | ||
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Transamerica Federated Market Opportunity | ||||||||||||||||||||
October 31, | ||||||||||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | October 31, 2008 | October 31, 2007 | 2006(a) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 8.99 | $ | 8.56 | $ | 9.33 | $ | 9.71 | $ | 10.00 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.06 | 0.05 | 0.11 | 0.24 | 0.27 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | (0.25 | ) | 1.03 | (0.77 | ) | (0.34 | ) | (0.30 | ) | |||||||||||
Total from investment operations | (0.19 | ) | 1.08 | (0.66 | ) | (0.10 | ) | (0.03 | ) | |||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.07 | ) | (0.01 | ) | (0.11 | ) | (0.28 | ) | (0.26 | ) | ||||||||||
Net realized gains on investments | — | (0.49 | ) | — | — | — | ||||||||||||||
Return of capital | — | (0.15 | ) | — | — | — | ||||||||||||||
Total distributions | (0.07 | ) | (0.65 | ) | (0.11 | ) | (0.28 | ) | (0.26 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 8.73 | $ | 8.99 | $ | 8.56 | $ | 9.33 | $ | 9.71 | ||||||||||
Total return(c) | (2.11 | %) | 13.01 | % | (7.16 | %) | (1.03 | %) | (0.35 | %) (d) | ||||||||||
Net assets end of year (000’s) | $ | 92,472 | $ | 85,562 | $ | 74,480 | $ | 53,747 | $ | 83,188 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets: | ||||||||||||||||||||
After reimbursement/recapture | 0.89 | % | 0.89 | % | 0.88 | % | 0.93 | % | 0.88 | % (e) | ||||||||||
Before reimbursement/recapture | 0.89 | % | 0.89 | % | 0.88 | % | 0.93 | % | 0.88 | % (e) | ||||||||||
Net investment income, to average net assets | 0.65 | % | 0.56 | % | 1.13 | % | 2.49 | % | 2.97 | % (e) | ||||||||||
Portfolio turnover rate | 194 | % | 180 | % | 195 | % | 97 | % | 72 | % (d) |
Transamerica JPMorgan Core | ||||||||||||||||||||||||
Transamerica First Quadrant Global Macro(1) | Bond | |||||||||||||||||||||||
October 31, | October 31, | |||||||||||||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | October 31, 2008 | 2007(g) | October 31, 2010 | 2009(j) | ||||||||||||||||||
Net asset value | ||||||||||||||||||||||||
Beginning of year | $ | 6.08 | $ | 8.60 | $ | 9.83 | $ | 10.00 | $ | 10.08 | $ | 10.00 | ||||||||||||
Investment operations | ||||||||||||||||||||||||
Net investment income (loss)(b) | (0.10 | ) | 0.02 | 0.18 | 0.09 | 0.28 | 0.07 | |||||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.14 | (0.04 | ) | (1.30 | ) | (0.26 | ) | 0.53 | 0.06 | |||||||||||||||
Total from investment operations | 0.04 | (0.02 | ) | (1.12 | ) | (0.17 | ) | 0.81 | 0.13 | |||||||||||||||
Distributions | ||||||||||||||||||||||||
Net investment income | — | (0.03 | ) | (0.11 | ) | — | (0.33 | ) | (0.05 | ) | ||||||||||||||
Net realized gains on investments | — | (2.40 | ) | — | — | — | — | |||||||||||||||||
Return of capital | — | (0.07 | ) | — | — | — | — | |||||||||||||||||
Total distributions | — | (2.50 | ) | (0.11 | ) | — | (0.33 | ) | (0.05 | ) | ||||||||||||||
Net asset value | ||||||||||||||||||||||||
End of year | $ | 6.12 | $ | 6.08 | $ | 8.60 | $ | 9.83 | $ | 10.56 | $ | 10.08 | ||||||||||||
Total return(c) | 0.66 | % | 5.34 | % | (11.55 | %) | (1.70 | %) (d) | 8.16 | % | 1.34 | % (d) | ||||||||||||
Net assets end of year (000’s) | $ | 126,142 | $ | 107,017 | $ | 165,567 | $ | 209,382 | $ | 1,063,458 | $ | 215,816 | ||||||||||||
Ratio and supplemental data | ||||||||||||||||||||||||
Expenses to average net assets: | ||||||||||||||||||||||||
After reimbursement/recapture | 1.61 | % | 1.58 | % | 1.51 | % | 1.51 | % (e) | 0.50 | % | 0.55 | % (e) | ||||||||||||
Before reimbursement/recapture | 1.61 | % | 1.58 | % | 1.51 | % | 1.51 | % (e) | 0.50 | % | 0.55 | % (e) | ||||||||||||
Net investment income (loss), to average net assets | (1.56 | %) | 0.32 | % | 1.81 | % | 1.16 | % (e) | 2.73 | % | 2.15 | % (e) | ||||||||||||
Portfolio turnover rate | — | % | 358 | % | 84 | % | 45 | % (d) | 33 | % | 3 | % (d) |
The notes to the financial statements are an integral part of this report. | ||
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Transamerica JPMorgan International Bond | ||||||||||||||||||||
October 31, | ||||||||||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | October 31, 2008 | October 31, 2007 | 2006(a) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 11.64 | $ | 10.56 | $ | 11.00 | $ | 10.51 | $ | 10.00 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.24 | 0.26 | 0.29 | 0.28 | 0.22 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.71 | 1.59 | (0.29 | ) | 0.59 | 0.49 | ||||||||||||||
Total from investment operations | 0.95 | 1.85 | — | (k) | 0.87 | 0.71 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.39 | ) | (0.68 | ) | (0.44 | ) | (0.38 | ) | (0.20 | ) | ||||||||||
Net realized gains on investments | (0.12 | ) | (0.09 | ) | — | — | — | |||||||||||||
Total distributions | (0.51 | ) | (0.77 | ) | (0.44 | ) | (0.38 | ) | (0.20 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 12.08 | $ | 11.64 | $ | 10.56 | $ | 11.00 | $ | 10.51 | ||||||||||
Total return(c) | 8.54 | % | 17.90 | % | (0.14 | %) | 8.55 | % | 7.12 | % (d) | ||||||||||
Net assets end of year (000’s) | $ | 447,141 | $ | 732,964 | $ | 699,078 | $ | 761,827 | $ | 682,254 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets: | ||||||||||||||||||||
After reimbursement/recapture | 0.61 | % | 0.60 | % | 0.61 | % | 0.61 | % | 0.64 | % (e) | ||||||||||
Before reimbursement/recapture | 0.61 | % | 0.60 | % | 0.61 | % | 0.61 | % | 0.64 | % (e) | ||||||||||
Net investment income, to average net assets | 2.16 | % | 2.38 | % | 2.55 | % | 2.68 | % | 2.34 | % (e) | ||||||||||
Portfolio turnover rate | 61 | % | 53 | % | 74 | % | 86 | % | 145 | % (d) |
Transamerica JPMorgan Mid Cap Value | ||||||||||||||||||||
October 31, | ||||||||||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | October 31, 2008 | October 31, 2007 | 2006(f) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 8.28 | $ | 7.54 | $ | 12.32 | $ | 11.67 | $ | 10.09 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.12 | 0.15 | 0.13 | 0.13 | 0.11 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 1.93 | 0.82 | (4.20 | ) | 1.13 | 1.57 | ||||||||||||||
Total from investment operations | 2.05 | 0.97 | (4.07 | ) | 1.26 | 1.68 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.16 | ) | (0.17 | ) | (0.10 | ) | (0.11 | ) | (0.05 | ) | ||||||||||
Net realized gains on investments | — | (0.06 | ) | (0.61 | ) | (0.50 | ) | (0.05 | ) | |||||||||||
Total distributions | (0.16 | ) | (0.23 | ) | (0.71 | ) | (0.61 | ) | (0.10 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 10.17 | $ | 8.28 | $ | 7.54 | $ | 12.32 | $ | 11.67 | ||||||||||
Total return(c) | 25.08 | % | 13.39 | % | (34.92 | %) | 11.07 | % | 16.71 | % (d) | ||||||||||
Net assets end of year (000’s) | $ | 163,612 | $ | 165,838 | $ | 147,772 | $ | 270,661 | $ | 245,188 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets: | ||||||||||||||||||||
After reimbursement/recapture | 0.89 | % | 0.90 | % | 0.87 | % | 0.87 | % | 0.88 | % (e) | ||||||||||
Before reimbursement/recapture | 0.89 | % | 0.90 | % | 0.87 | % | 0.87 | % | 0.88 | % (e) | ||||||||||
Net investment income, to average net assets | 1.33 | % | 2.05 | % | 1.22 | % | 0.98 | % | 1.10 | % (e) | ||||||||||
Portfolio turnover rate | 29 | % | 43 | % | 45 | % | 50 | % | 46 | % (d) |
The notes to the financial statements are an integral part of this report. | ||
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Transamerica Loomis Sayles Bond | ||||||||||||||||
October 31, | ||||||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | October 31, 2008 | 2007(g) | ||||||||||||
Net asset value | ||||||||||||||||
Beginning of year | $ | 9.93 | $ | 7.34 | $ | 10.19 | $ | 10.00 | ||||||||
Investment operations | ||||||||||||||||
Net investment income(b) | 0.57 | 0.60 | 0.60 | 0.45 | ||||||||||||
Net realized and unrealized gain (loss) on investments | 1.23 | 2.61 | (2.88 | ) | (0.01 | ) | ||||||||||
Total from investment operations | 1.80 | 3.21 | (2.28 | ) | 0.44 | |||||||||||
Distributions | ||||||||||||||||
Net investment income | (0.59 | ) | (0.57 | ) | (0.57 | ) | (0.25 | ) | ||||||||
Net realized gains on investments | — | (0.05 | ) | — | — | |||||||||||
Total distributions | (0.59 | ) | (0.62 | ) | (0.57 | ) | (0.25 | ) | ||||||||
�� | ||||||||||||||||
Net asset value | ||||||||||||||||
End of year | $ | 11.14 | $ | 9.93 | $ | 7.34 | $ | 10.19 | ||||||||
Total return(c) | 18.69 | % | 46.27 | % | (23.56 | %) | 4.50 | % (d) | ||||||||
Net assets end of year (000’s) | $ | 594,220 | $ | 812,252 | $ | 577,368 | $ | 513,249 | ||||||||
Ratio and supplemental data | ||||||||||||||||
Expenses to average net assets: | ||||||||||||||||
After reimbursement/recapture | 0.70 | % | 0.69 | % | 0.69 | % | 0.73 | % (e) | ||||||||
Before reimbursement/recapture | 0.70 | % | 0.69 | % | 0.69 | % | 0.73 | % (e) | ||||||||
Net investment income, to average net assets | 5.49 | % | 7.22 | % | 6.34 | % | 5.42 | % (e) | ||||||||
Portfolio turnover rate | 79 | % | 42 | % | 24 | % | 18 | % (d) |
Transamerica Morgan Stanley Emerging Markets Debt(l) | ||||||||||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | October 31, 2008 | October 31, 2007 | October 31, 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 10.23 | $ | 7.98 | $ | 11.23 | $ | 10.91 | $ | 10.45 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.62 | 0.60 | 0.61 | 0.59 | 0.55 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 1.07 | 2.18 | (2.72 | ) | 0.46 | 0.52 | ||||||||||||||
Total from investment operations | 1.69 | 2.78 | (2.11 | ) | 1.05 | 1.07 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.63 | ) | (0.53 | ) | (0.79 | ) | (0.63 | ) | (0.54 | ) | ||||||||||
Net realized gains on investments | — | — | (0.35 | ) | (0.10 | ) | (0.07 | ) | ||||||||||||
Total distributions | (0.63 | ) | (0.53 | ) | (1.14 | ) | (0.73 | ) | (0.61 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 11.29 | $ | 10.23 | $ | 7.98 | $ | 11.23 | $ | 10.91 | ||||||||||
Total return(c) | 17.16 | % | 36.29 | % | (20.81 | %) | 9.94 | % | 10.61 | % | ||||||||||
Net assets end of year (000’s) | $ | 302,576 | $ | 382,618 | $ | 320,350 | $ | 317,328 | $ | 425,726 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets: | ||||||||||||||||||||
After reimbursement/recapture | 1.00 | % | 0.98 | % | 0.98 | % | 1.03 | % | 1.03 | % | ||||||||||
Before reimbursement/recapture | 1.00 | % | 0.98 | % | 0.98 | % | 1.03 | % | 1.03 | % | ||||||||||
Net investment income, to average net assets | 5.89 | % | 6.67 | % | 5.92 | % | 5.36 | % | 5.24 | % | ||||||||||
Portfolio turnover rate | 100 | % | 118 | % | 81 | % | 79 | % | 79 | % |
The notes to the financial statements are an integral part of this report. | ||
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Transamerica Morgan Stanley Mid-Cap Growth(m) | ||||||||||||||||||||
October 31, | ||||||||||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | October 31, 2008 | October 31, 2007 | 2006(n) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 9.58 | $ | 7.42 | $ | 14.16 | $ | 10.33 | $ | 10.00 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.04 | — | (k) | 0.02 | 0.04 | 0.01 | ||||||||||||||
Net realized and unrealized gain (loss) on investments | 3.47 | 2.17 | (5.90 | ) | 3.81 | 0.32 | ||||||||||||||
Total from investment operations | 3.51 | 2.17 | (5.88 | ) | 3.85 | 0.33 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.02 | ) | (0.01 | ) | (0.02 | ) | (0.02 | ) | — | |||||||||||
Net realized gains on investments | — | — | (0.84 | ) | — | — | ||||||||||||||
Total distributions | (0.02 | ) | (0.01 | ) | (0.86 | ) | (0.02 | ) | — | |||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 13.07 | $ | 9.58 | $ | 7.42 | $ | 14.16 | $ | 10.33 | ||||||||||
Total return(c) | 36.64 | % | 29.29 | % | (43.99 | %) | 37.32 | % | 3.30 | % (d) | ||||||||||
Net assets end of year (000’s) | $ | 292,575 | $ | 256,212 | $ | 98,141 | $ | 125,380 | $ | 75,092 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets: | ||||||||||||||||||||
After reimbursement/recapture | 0.86 | % | 0.88 | % | 0.87 | % | 0.90 | % | 0.92 | % (e) | ||||||||||
Before reimbursement/recapture | 0.86 | % | 0.88 | % | 0.87 | % | 0.90 | % | 0.92 | % (e) | ||||||||||
Net investment income (loss), to average net assets | 0.37 | % | (0.06 | %) | 0.19 | % | 0.32 | % | 0.11 | % (e) | ||||||||||
Portfolio turnover rate | 50 | % | 38 | % | 40 | % | 74 | % | 50 | % (d) |
Transamerica Morgan Stanley Small Company Growth(o) | ||||||||||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | October 31, 2008 | October 31, 2007 | October 31, 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 8.82 | $ | 7.39 | $ | 14.14 | $ | 12.78 | $ | 11.29 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income (loss)(b) | — | (k) | (0.02 | ) | 0.10 | 0.02 | (0.02 | ) | ||||||||||||
Net realized and unrealized gain (loss) on investments | 2.12 | 1.62 | (5.50 | ) | 1.81 | 1.69 | ||||||||||||||
Total from investment operations | 2.12 | 1.60 | (5.40 | ) | 1.83 | 1.67 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | — | (0.15 | ) | (0.02 | ) | — | (0.01 | ) | ||||||||||||
Net realized gains on investments | — | — | (1.33 | ) | (0.47 | ) | (0.17 | ) | ||||||||||||
Return of capital | — | (0.02 | ) | — | — | — | ||||||||||||||
Total distributions | — | (0.17 | ) | (1.35 | ) | (0.47 | ) | (0.18 | ) | |||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 10.94 | $ | 8.82 | $ | 7.39 | $ | 14.14 | $ | 12.78 | ||||||||||
Total return(c) | 24.04 | % | 22.43 | % | (41.72 | %) | 14.75 | % | 14.92 | % | ||||||||||
Net assets end of year (000’s) | $ | 181,460 | $ | 129,889 | $ | 61,214 | $ | 188,347 | $ | 301,649 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets: | ||||||||||||||||||||
After reimbursement/recapture | 1.02 | % | 1.04 | % | 1.02 | % | 1.01 | % | 1.01 | % | ||||||||||
Before reimbursement/recapture | 1.02 | % | 1.04 | % | 1.02 | % | 1.01 | % | 1.01 | % | ||||||||||
Net investment income (loss), to average net assets | (0.02 | %) | (0.19 | %) | 0.89 | % | 0.13 | % | (0.19 | %) | ||||||||||
Portfolio turnover rate | 21 | % | 40 | % | 44 | % | 71 | % | 67 | % |
The notes to the financial statements are an integral part of this report. | ||
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Transamerica Neuberger Berman International | ||||||||||||||||||||
October 31, | ||||||||||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | October 31, 2008 | October 31, 2007 | 2006(a) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 7.57 | $ | 5.95 | $ | 13.55 | $ | 11.74 | $ | 10.00 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.10 | 0.10 | 0.19 | 0.15 | 0.12 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 1.34 | 1.69 | (6.63 | ) | 2.37 | 1.64 | ||||||||||||||
Total from investment operations | 1.44 | 1.79 | (6.44 | ) | 2.52 | 1.76 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.07 | ) | (0.17 | ) | (0.13 | ) | (0.13 | ) | (0.02 | ) | ||||||||||
Net realized gains on investments | — | — | (1.03 | ) | (0.58 | ) | — | |||||||||||||
Total distributions | (0.07 | ) | (0.17 | ) | (1.16 | ) | (0.71 | ) | (0.02 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 8.94 | $ | 7.57 | $ | 5.95 | $ | 13.55 | $ | 11.74 | ||||||||||
Total return(c) | 19.16 | % | 30.83 | % | (51.66 | %) | 22.37 | % | 17.61 | % (d) | ||||||||||
Net assets end of year (000’s) | $ | 584,849 | $ | 485,803 | $ | 307,981 | $ | 596,488 | $ | 459,996 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets: | ||||||||||||||||||||
After reimbursement/recapture | 1.06 | % | 1.09 | % | 1.06 | % | 1.06 | % | 1.07 | % (e) | ||||||||||
Before reimbursement/recapture | 1.06 | % | 1.09 | % | 1.06 | % | 1.06 | % | 1.07 | % (e) | ||||||||||
Net investment income, to average net assets | 1.22 | % | 1.62 | % | 1.87 | % | 1.21 | % | 1.21 | % (e) | ||||||||||
Portfolio turnover rate | 51 | % | 75 | % | 72 | % | 57 | % | 52 | % (d) |
Transamerica Oppenheimer Developing Markets | ||||||||||||||||||||
October 31, | ||||||||||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | October 31, 2008 | October 31, 2007 | 2006(a) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 10.12 | $ | 8.20 | $ | 17.07 | $ | 11.41 | $ | 10.00 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.05 | 0.06 | 0.19 | 0.12 | 0.09 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 3.22 | 3.51 | (7.65 | ) | 5.99 | 1.37 | ||||||||||||||
Total from investment operations | 3.27 | 3.57 | (7.46 | ) | 6.11 | 1.46 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.05 | ) | (0.16 | ) | (0.09 | ) | (0.06 | ) | (0.05 | ) | ||||||||||
Net realized gains on investments | — | (1.49 | ) | (1.32 | ) | (0.39 | ) | — | ||||||||||||
Total distributions | (0.05 | ) | (1.65 | ) | (1.41 | ) | (0.45 | ) | (0.05 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 13.34 | $ | 10.12 | $ | 8.20 | $ | 17.07 | $ | 11.41 | ||||||||||
Total return(c) | 32.43 | % | 56.01 | % | (47.48 | %) | 55.27 | % | 14.64 | % (d) | ||||||||||
Net assets end of year (000’s) | $ | 610,212 | $ | 495,636 | $ | 317,973 | $ | 674,561 | $ | 362,080 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets: | ||||||||||||||||||||
After reimbursement/recapture | 1.31 | % | 1.35 | % | 1.32 | % | 1.34 | % | 1.45 | % (e) | ||||||||||
Before reimbursement/recapture | 1.31 | % | 1.35 | % | 1.32 | % | 1.34 | % | 1.45 | % (e) | ||||||||||
Net investment income, to average net assets | 0.48 | % | 0.77 | % | 1.42 | % | 0.87 | % | 0.89 | % (e) | ||||||||||
Portfolio turnover rate | 54 | % | 50 | % | 67 | % | 59 | % | 77 | % (d) |
The notes to the financial statements are an integral part of this report. | ||
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Transamerica Oppenheimer Small- & Mid-Cap Value | ||||||||||||||||||||
October 31, | ||||||||||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | October 31, 2008 | October 31, 2007 | 2006(p) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 7.72 | $ | 6.30 | $ | 13.18 | $ | 10.94 | $ | 10.00 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.02 | 0.03 | 0.04 | — | 0.02 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 1.63 | 1.41 | (5.98 | ) | 2.44 | 0.92 | ||||||||||||||
Total from investment operations | 1.65 | 1.44 | (5.94 | ) | 2.44 | 0.94 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.04 | ) | (0.02 | ) | — | (k) | (0.02 | ) | — | |||||||||||
Net realized gains on investments | — | — | (0.94 | ) | (0.18 | ) | — | |||||||||||||
Total distributions | (0.04 | ) | (0.02 | ) | (0.94 | ) | (0.20 | ) | — | |||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 9.33 | $ | 7.72 | $ | 6.30 | $ | 13.18 | $ | 10.94 | ||||||||||
Total return(c) | 21.44 | % | 22.99 | % | (48.36 | %) | 22.57 | % | 9.40 | % (d) | ||||||||||
Net assets end of year (000’s) | $ | 299,225 | $ | 269,281 | $ | 127,886 | $ | 183,126 | $ | 91,899 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets: | ||||||||||||||||||||
After reimbursement/recapture | 0.96 | % | 0.98 | % | 1.00 | % | 1.03 | % (q) | 1.15 | % (e) | ||||||||||
Before reimbursement/recapture | 0.96 | % | 0.98 | % | 1.00 | % | 1.03 | % (q) | 1.22 | % (e) | ||||||||||
Net investment income, to average net assets | 0.19 | % | 0.43 | % | 0.34 | % | — | % | 0.74 | % (e) | ||||||||||
Portfolio turnover rate | 81 | % | 110 | % | 102 | % | 118 | % | 33 | % (d) |
Transamerica Schroders International Small Cap | ||||||||||||
October 31, | ||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | 2008(r) | |||||||||
Net asset value | ||||||||||||
Beginning of year | $ | 8.22 | $ | 5.82 | $ | 10.00 | ||||||
Investment operations | ||||||||||||
Net investment income(b) | 0.08 | 0.08 | 0.12 | |||||||||
Net realized and unrealized gain (loss) on investments | 1.42 | 2.41 | (4.30 | ) | ||||||||
Total from investment operations | 1.50 | 2.49 | (4.18 | ) | ||||||||
Distributions | ||||||||||||
Net investment income | (0.05 | ) | (0.09 | ) | — | |||||||
Total distributions | (0.05 | ) | (0.09 | ) | — | |||||||
Net asset value | ||||||||||||
End of year | $ | 9.67 | $ | 8.22 | $ | 5.82 | ||||||
Total return(c) | 18.29 | % | 43.56 | % | (41.80 | %) (d) | ||||||
Net assets end of year (000’s) | $ | 548,288 | $ | 543,673 | $ | 108,655 | ||||||
Ratio and supplemental data | ||||||||||||
Expenses to average net assets: | ||||||||||||
After reimbursement/recapture | 1.16 | % | 1.23 | % | 1.27 | % (e) | ||||||
Before reimbursement/recapture | 1.16 | % | 1.21 | % | 1.30 | % (e) | ||||||
Net investment income, to average net assets | 0.97 | % | 1.23 | % | 1.96 | % (e) | ||||||
Portfolio turnover rate | 54 | % | 46 | % | 14 | % (d) |
The notes to the financial statements are an integral part of this report. | ||
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Transamerica Third Avenue Value | ||||||||||||||||||||
October 31, | ||||||||||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | October 31, 2008 | 2007(s) | ||||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 18.44 | $ | 16.93 | $ | 28.93 | $ | 28.01 | ||||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.19 | 0.15 | 0.24 | 0.14 | ||||||||||||||||
Net realized and unrealized gain (loss) on investments | 3.20 | 1.36 | (11.45 | ) | 0.78 | |||||||||||||||
Total from investment operations | 3.39 | 1.51 | (11.21 | ) | 0.92 | |||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.27 | ) | — | (0.42 | ) | — | ||||||||||||||
Net realized gains on investments | — | — | (0.37 | ) | — | |||||||||||||||
Total distributions | (0.27 | ) | — | (0.79 | ) | — | ||||||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 21.56 | $ | 18.44 | $ | 16.93 | $ | 28.93 | ||||||||||||
Total return(c) | 18.53 | % | 8.92 | % | (39.75 | %) | 3.28 | % (d) | ||||||||||||
Net assets end of year (000’s) | $ | 383,134 | $ | 423,550 | $ | 336,845 | $ | 678,578 | ||||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets: | ||||||||||||||||||||
After reimbursement/recapture | 0.87 | % | 0.87 | % | 0.86 | % | 0.86 | % (e) | ||||||||||||
Before reimbursement/recapture | 0.87 | % | 0.87 | % | 0.86 | % | 0.86 | % (e) | ||||||||||||
Net investment income, to average net assets | 0.98 | % | 0.91 | % | 1.00 | % | 0.98 | % (e) | ||||||||||||
Portfolio turnover rate | — | % (v) | 17 | % | 29 | % | 11 | % (d) |
Transamerica Thornburg International Value | ||||||||||||
October 31, | ||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | 2008(t) | |||||||||
Net asset value | ||||||||||||
Beginning of year | $ | 9.69 | $ | 7.98 | $ | 10.00 | ||||||
�� | ||||||||||||
Investment operations | ||||||||||||
Net investment income(b) | 0.10 | 0.10 | — | (k) | ||||||||
Net realized and unrealized gain (loss) on investments | 1.42 | 1.66 | (2.02 | ) | ||||||||
Total from investment operations | 1.52 | 1.76 | (2.02 | ) | ||||||||
Distributions | ||||||||||||
Net investment income | (0.06 | ) | — | — | ||||||||
Net realized gains on investments | (0.03 | ) | (0.05 | ) | — | |||||||
Total distributions | (0.09 | ) | (0.05 | ) | — | |||||||
Net asset value | ||||||||||||
End of year | $ | 11.12 | $ | 9.69 | $ | 7.98 | ||||||
Total return(c) | 15.75 | % | 22.21 | % | (20.20 | %) (d) | ||||||
Net assets end of year (000’s) | $ | 778,484 | $ | 591,539 | $ | 79,516 | ||||||
Ratio and supplemental data | ||||||||||||
Expenses to average net assets: | ||||||||||||
After reimbursement/recapture | 1.08 | % | 1.17 | % | 1.35 | % (e) | ||||||
Before reimbursement/recapture | 1.08 | % | 1.15 | % | 1.76 | % (e) | ||||||
Net investment income (loss), to average net assets | 0.97 | % | 1.14 | % | (0.18 | %) (e) | ||||||
Portfolio turnover rate | 36 | % | 39 | % | 5 | % (d) |
The notes to the financial statements are an integral part of this report. | ||
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Transamerica UBS Large Cap Value | ||||||||||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | October 31, 2008 | October 31, 2007 | October 31, 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 8.44 | $ | 8.05 | $ | 13.79 | $ | 12.73 | $ | 10.95 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.11 | 0.14 | 0.21 | 0.19 | 0.14 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.74 | 0.44 | (5.64 | ) | 1.36 | 1.92 | ||||||||||||||
Total from investment operations | 0.85 | 0.58 | (5.43 | ) | 1.55 | 2.06 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.11 | ) | (0.19 | ) | (0.15 | ) | (0.13 | ) | (0.10 | ) | ||||||||||
Net realized gains on investments | — | — | (0.16 | ) | (0.36 | ) | (0.18 | ) | ||||||||||||
Total distributions | (0.11 | ) | (0.19 | ) | (0.31 | ) | (0.49 | ) | (0.28 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 9.18 | $ | 8.44 | $ | 8.05 | $ | 13.79 | $ | 12.73 | ||||||||||
Total return(c) | 10.09 | % | 7.56 | % | (40.19 | %) | 12.48 | % | 19.19 | % | ||||||||||
Net assets end of year (000’s) | $ | 1,125,533 | $ | 1,002,628 | $ | 701,997 | $ | 880,922 | $ | 226,782 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets: | ||||||||||||||||||||
After reimbursement/recapture | 0.79 | % | 0.81 | % | 0.80 | % | 0.81 | % | 0.88 | % | ||||||||||
Before reimbursement/recapture | 0.79 | % | 0.81 | % | 0.80 | % | 0.81 | % | 0.88 | % | ||||||||||
Net investment income, to average net assets | 1.26 | % | 1.80 | % | 1.86 | % | 1.41 | % | 1.21 | % | ||||||||||
Portfolio turnover rate | 56 | % | 66 | % | 47 | % | 27 | % | 32 | % |
Transamerica WMC Emerging Markets | ||||||||||||
October 31, | ||||||||||||
For a share outstanding throughout each period | October 31, 2010 | October 31, 2009 | 2008(u) | |||||||||
Net asset value | ||||||||||||
Beginning of year | $ | 12.06 | $ | 7.66 | $ | 10.00 | ||||||
Investment operations | ||||||||||||
Net investment income(b) | 0.10 | 0.09 | — | (k) | ||||||||
Net realized and unrealized gain (loss) on investments | 2.41 | 4.31 | (2.34 | ) | ||||||||
Total from investment operations | 2.51 | 4.40 | (2.34 | ) | ||||||||
Distributions | ||||||||||||
Net investment income | (0.06 | ) | — | — | ||||||||
Net realized gains on investments | (0.23 | ) | — | — | ||||||||
Total distributions | (0.29 | ) | — | — | ||||||||
Net asset value | ||||||||||||
End of year | $ | 14.28 | $ | 12.06 | $ | 7.66 | ||||||
Total return(c) | 21.08 | % | 57.44 | % | (23.40 | %) (d) | ||||||
Net assets end of year (000’s) | $ | 411,311 | $ | 178,592 | $ | 76,127 | ||||||
Ratio and supplemental data | ||||||||||||
Expenses to average net assets: | ||||||||||||
After reimbursement/recapture | 1.40 | % | 1.40 | % | 1.40 | % (e) | ||||||
Before reimbursement/recapture | 1.40 | % | 1.43 | % | 2.26 | % (e) | ||||||
Net investment income, to average net assets | 0.78 | % | 0.89 | % | 0.15 | % (e) | ||||||
Portfolio turnover rate | 147 | % | 141 | % | 10 | % (d) |
The notes to the financial statements are an integral part of this report. | ||
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(a) | Commenced operations on December 6, 2005. | |
(b) | Calculated based on average number of shares outstanding. | |
(c) | Total return has been calculated for the applicable period without deduction of a sales load, if any, on an initial purchase. | |
(d) | Not annualized. | |
(e) | Annualized. | |
(f) | Commenced operations on November 15, 2005. | |
(g) | Commenced operations on January 3, 2007. | |
(h) | Includes dividends and interest on securities sold short (representing 1.35%, 2.09%, 1.30%, and 1.56% of average net assets for 2010, 2009, 2008, and 2007, respectively). | |
(i) | Formerly, Transamerica UBS Dynamic Alpha. | |
(j) | Commenced operations on July 1, 2009. | |
(k) | Rounds to less than $(0.01) or $0.01. | |
(l) | Formerly, Transamerica Van Kampen Emerging Markets Debt. | |
(m) | Formerly, Transamerica Van Kampen Mid-Cap Growth. | |
(n) | Commenced operations on January 3, 2006. | |
(o) | Formerly, Transamerica Van Kampen Small Company Growth. | |
(p) | Commenced operations on August 1, 2006. | |
(q) | Includes recaptured expenses by the investment adviser. The impact of recaptured expenses was 0.01% (see notes to the financial statements for details). | |
(r) | Commenced operations on March 1, 2008. | |
(s) | Commenced operations on May 1, 2007. | |
(t) | Commenced operations on September 15, 2008. | |
(u) | Commenced operations on September 30, 2008. | |
(v) | Rounds to less than (1)% or 1%. |
The notes to the financial statements are an integral part of this report. | ||
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Joseph P. Smith, CFA
Steven D. Burton, CFA
ING Clarion Real Estate Securities, LLC
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(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 21.70 | % | 4.85 | % | 11/15/2005 | |||||||
S&P Developed Property* | 24.97 | % | 3.36 | % | 11/15/2005 | |||||||
* | The S&P Developed Property Index (“S&P Developed Property”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
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(unaudited)
Blair A. Boyer
Spiros Segalas
Jennison Associates LLC
Transamerica Funds | Annual Report 2010 |
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(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 15.96 | % | 1.88 | % | 11/15/2005 | |||||||
Russell 1000® Growth * | 19.65 | % | 2.69 | % | 11/15/2005 | |||||||
* | The Russell 1000® Growth Index (“Russell 1000® Growth”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
Transamerica Funds | Annual Report 2010 |
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(unaudited)
Marcus L. Smith
MFS® Investment Management
Transamerica Funds | Annual Report 2010 |
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(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 15.16 | % | (2.56 | )% | 06/10/2008 | |||||||
MSCI-EAFE* | 8.82 | % | (7.31 | )% | 06/10/2008 | |||||||
* | The Morgan Stanley Capital International-Europe, Australasia, Far East Index (“MSCI-EAFE”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
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(unaudited)
Pacific Investment Management Company LLC
Transamerica Funds | Annual Report 2010 |
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(unaudited)
10 Years or | ||||||||||||||||
1 Year | 5 Years | Life of Fund | Inception Date | |||||||||||||
Class I2 (NAV) | 12.40 | % | 6.87 | % | 6.27 | % | 11/08/2004 | |||||||||
Barclays Capital Global Real U.S. TIPS* | 10.43 | % | 6.32 | % | 5.76 | % | 11/08/2004 | |||||||||
* | The Barclays Capital Global Real U.S. Treasury Inflation Protected Securities Index (“Barclays Capital Global Real U.S. TIPS”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
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(unaudited)
Pacific Investment Management Company LLC
Transamerica Funds | Annual Report 2010 |
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(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 10.25 | % | 8.02 | % | 11/15/2005 | |||||||
Barclays Capital U.S. Aggregate Bond* | 8.01 | % | 6.54 | % | 11/15/2005 | |||||||
* | The Barclays Capital U.S. Aggregate Bond Index (“Barclays Capital U.S. Aggregate Bond”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
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(unaudited)
Actual Expenses | Hypothetical Expenses (b) | |||||||||||||||||||||||
Beginning | Ending Account | Expenses Paid | Ending Account | Expenses Paid | Annualized | |||||||||||||||||||
Fund Name | Account Value | Value | During Period (a) | Value | During Period (a) | Expense Ratio | ||||||||||||||||||
Transamerica Clarion Global Real Estate Securities | $ | 1,000.00 | $ | 1,085.00 | $ | 4.78 | $ | 1,020.62 | $ | 4.63 | 0.91 | % | ||||||||||||
Transamerica Jennison Growth | 1,000.00 | 1,021.70 | 4.13 | 1,021.12 | 4.13 | 0.81 | ||||||||||||||||||
Transamerica MFS International Equity | 1,000.00 | 1,084.50 | 5.25 | 1,020.16 | 5.09 | 1.00 | ||||||||||||||||||
Transamerica PIMCO Real Return TIPS | 1,000.00 | 1,076.80 | 3.77 | 1,021.58 | 3.67 | 0.72 | ||||||||||||||||||
Transamerica PIMCO Total Return | 1,000.00 | 1,055.40 | 3.89 | 1,021.42 | 3.82 | 0.75 |
(a) | Expenses are calculated using the fund’s annualized expense ratio (as disclosed in the table), multiplied by the average account value for the period, multiplied by the number of days in the period (184 days), and divided by the number of days in the year (365 days). | |
(b) | 5% return per year before expenses. |
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At October 31, 2010
(The following charts summarize the Schedules of Investments of the funds by asset type)
(unaudited)
Transamerica Clarion Global Real Estate Securities | ||||
Common Stocks | 99.1 | % | ||
Securities Lending Collateral | 8.5 | |||
Repurchase Agreement | 0.9 | |||
Other Assets and Liabilities — Net | (8.5 | ) | ||
Total | 100.0 | % | ||
Transamerica Jennison Growth | ||||
Common Stocks | 99.1 | % | ||
Repurchase Agreement | 1.0 | |||
Securities Lending Collateral | 0.0 | * | ||
Other Assets and Liabilities — Net | (0.1 | ) | ||
Total | 100.0 | % | ||
Transamerica MFS International Equity | ||||
Common Stocks | 95.7 | % | ||
Repurchase Agreement | 4.1 | |||
Securities Lending Collateral | 2.8 | |||
Rights | 0.0 | * | ||
Other Assets and Liabilities — Net | (2.6 | ) | ||
Total | 100.0 | % | ||
Transamerica PIMCO Real Return TIPS | ||||
U.S. Government Obligations | 97.9 | % | ||
Corporate Debt Securities | 11.5 | |||
Foreign Government Obligations | 2.6 | |||
Mortgage-Backed Securities | 2.4 | |||
Asset-Backed Securities | 0.6 | |||
Preferred Corporate Debt Security | 0.3 | |||
Municipal Government Obligations | 0.2 | |||
U.S. Government Agency Obligations | 0.2 | |||
Convertible Preferred Stocks | 0.0 | * | ||
Other Assets and Liabilities — Net | (15.7 | )(a) | ||
Total | 100.0 | % | ||
Transamerica PIMCO Total Return | ||||
U.S. Government Agency Obligations | 38.9 | % | ||
U.S. Government Obligations | 24.6 | |||
Corporate Debt Securities | 21.7 | |||
Repurchase Agreement | 18.1 | |||
Mortgage-Backed Securities | 6.9 | |||
Municipal Government Obligations | 5.6 | |||
Foreign Government Obligations | 4.8 | |||
Securities Lending Collateral | 2.5 | |||
Asset-Backed Securities | 1.9 | |||
Preferred Corporate Debt Security | 1.8 | |||
Convertible Preferred Stocks | 0.3 | |||
Loan Assignment | 0.2 | |||
Preferred Stocks | 0.1 | |||
Other Assets and Liabilities — Net | (27.4 | )(a) | ||
Total | 100.0 | % | ||
(a) | The Other Assets and Liabilities — Net category may include, but is not limited to, Forward Currencies Contracts, Futures Contracts, Swap Agreements, Written Options and Swaptions, Securities Sold Short, and Reverse Repurchase Agreements. | |
* | Amount rounds to less than 0.1%. |
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SCHEDULE OF INVESTMENTS
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 99.1% | ||||||||
Australia - 11.0% | ||||||||
CFS Retail Property Trust REIT ^ | 1,046,000 | $ | 1,906 | |||||
Dexus Property Group REIT | 4,574,698 | 3,719 | ||||||
Goodman Group REIT | 6,011,155 | 3,710 | ||||||
GPT Group REIT | 1,425,273 | 3,895 | ||||||
ING Office Fund REIT ^ | 4,958,600 | 2,987 | ||||||
Lend Lease Corp., Ltd. | 214,313 | 1,514 | ||||||
Mirvac Group REIT | 774,051 | 982 | ||||||
Stockland REIT | 1,018,740 | 3,762 | ||||||
Westfield Group REIT | 1,033,743 | 12,536 | ||||||
Canada - 2.9% | ||||||||
Brookfield Properties Corp. ^ | 153,400 | 2,668 | ||||||
Calloway REIT | 66,600 | 1,567 | ||||||
Canadian REIT | 21,200 | 666 | ||||||
Primaris Retail REIT | 47,700 | 910 | ||||||
RioCan REIT | 152,400 | 3,445 | ||||||
France - 5.6% | ||||||||
Mercialys SA REIT | 58,951 | 2,347 | ||||||
SILIC REIT | 8,730 | 1,172 | ||||||
Unibail-Rodamco REIT ‡ | 69,360 | 14,451 | ||||||
Hong Kong - 13.9% | ||||||||
Cheung Kong Holdings, Ltd. | 698,924 | 10,667 | ||||||
Great Eagle Holdings, Ltd. | 217,400 | 651 | ||||||
Hang Lung Group, Ltd. | 398,848 | 2,650 | ||||||
Hang Lung Properties, Ltd. | 535,400 | 2,611 | ||||||
Hongkong Land Holdings, Ltd. ^ | 847,600 | 5,848 | ||||||
Hysan Development Co., Ltd. | 218,500 | 844 | ||||||
Link REIT | 792,300 | 2,448 | ||||||
Sun Hung Kai Properties, Ltd. | 965,245 | 16,475 | ||||||
Wharf Holdings, Ltd. | 353,550 | 2,322 | ||||||
Japan - 11.9% | ||||||||
Daito Trust Construction Co., Ltd. | 25,700 | 1,552 | ||||||
Daiwa House Industry Co., Ltd. | 254,900 | 2,753 | ||||||
Frontier Real Estate Investment Corp. REIT ^ | 193 | 1,549 | ||||||
Japan Logistics Fund, Inc. REIT ^ | 142 | 1,170 | ||||||
Japan Real Estate Investment Corp. REIT | 312 | 3,005 | ||||||
Japan Retail Fund Investment Corp. REIT ^ | 688 | 1,075 | ||||||
Kenedix Realty Investment Corp. REIT ^ | 163 | 647 | ||||||
Mitsubishi Estate Co., Ltd. | 700,020 | 12,265 | ||||||
Mitsui Fudosan Co., Ltd. | 264,746 | 5,004 | ||||||
Nippon Accommodations Fund, Inc. REIT | 105 | 626 | ||||||
Nippon Building Fund, Inc. REIT | 73 | 715 | ||||||
Sumitomo Realty & Development Co., Ltd. ^ | 291,100 | 6,345 | ||||||
United Urban Investment Corp. - Class A REIT ^ | 196 | 1,347 | ||||||
Netherlands - 0.8% | ||||||||
Corio NV REIT | 17,620 | 1,294 | ||||||
Eurocommercial Properties NV REIT | 26,853 | 1,329 | ||||||
Norway - 0.4% | ||||||||
Norwegian Property ASA ‡ | 664,310 | 1,248 | ||||||
Singapore - 6.5% | ||||||||
Ascendas REIT ‡ | 233,139 | 371 | ||||||
Capitacommercial Trust REIT ‡ ^ | 2,707,000 | 3,117 | ||||||
Capitaland, Ltd. ^ | 2,605,050 | 7,829 | ||||||
CapitaMall Trust REIT ‡^ | 1,767,114 | 2,703 | ||||||
City Developments, Ltd. ^ | 223,500 | 2,196 | ||||||
Frasers Centrepoint Trust REIT ‡ | 468,100 | 546 | ||||||
Global Logistic Properties, Ltd. ‡ | 2,152,200 | 3,858 | ||||||
Sweden - 1.0% | ||||||||
Castellum AB | 87,850 | 1,150 | ||||||
Hufvudstaden AB - Class A | 182,110 | 2,035 | ||||||
Switzerland - 0.8% | ||||||||
Swiss Prime Site AG ‡ | 35,580 | 2,554 | ||||||
United Kingdom - 5.5% | ||||||||
British Land Co., PLC REIT | 323,958 | 2,645 | ||||||
Derwent London PLC REIT | 116,669 | 2,842 | ||||||
Grainger PLC | 415,900 | 710 | ||||||
Great Portland Estates PLC REIT | 291,460 | 1,614 | ||||||
Hammerson PLC REIT | 194,282 | 1,305 | ||||||
Land Securities Group PLC REIT | 601,785 | 6,527 | ||||||
Safestore Holdings PLC | 478,000 | 995 | ||||||
Segro PLC REIT | 203,855 | 968 | ||||||
United States - 38.8% | ||||||||
Acadia Realty Trust REIT | 49,710 | 948 | ||||||
Alexandria Real Estate Equities, Inc. REIT ^ | 47,700 | 3,505 | ||||||
AMB Property Corp. REIT | 38,200 | 1,077 | ||||||
Apartment Investment & Management Co. - Class A REIT ^ | 141,100 | 3,289 | ||||||
AvalonBay Communities, Inc. REIT ^ | 46,325 | 4,925 | ||||||
Boston Properties, Inc. REIT | 80,900 | 6,973 | ||||||
BRE Properties, Inc. REIT | 74,600 | 3,203 | ||||||
Developers Diversified Realty Corp. REIT | 225,500 | 2,909 | ||||||
Digital Realty Trust, Inc. REIT ^ | 25,400 | 1,517 | ||||||
Equity Residential REIT ^ | 175,700 | 8,544 | ||||||
Federal Realty Investment Trust REIT ^ | 46,300 | 3,796 | ||||||
HCP, Inc. REIT | 44,000 | 1,584 | ||||||
Highwoods Properties, Inc. REIT | 76,100 | 2,521 | ||||||
Host Hotels & Resorts, Inc. REIT ^ | 316,477 | 5,029 | ||||||
Liberty Property Trust REIT | 124,300 | 4,159 | ||||||
Macerich Co. REIT ^ | 182,707 | 8,151 | ||||||
Nationwide Health Properties, Inc. REIT | 106,100 | 4,332 | ||||||
Pebblebrook Hotel Trust REIT ‡ | 49,900 | 978 | ||||||
ProLogis REIT | 312,000 | 4,259 | ||||||
Public Storage REIT | 46,400 | 4,604 | ||||||
Regency Centers Corp. REIT ^ | 113,900 | 4,804 | ||||||
Simon Property Group, Inc. REIT | 124,803 | 11,983 | ||||||
SL Green Realty Corp. REIT ^ | 57,100 | 3,753 | ||||||
Starwood Hotels & Resorts Worldwide, Inc. | 56,200 | 3,043 | ||||||
Tanger Factory Outlet Centers REIT ^ | 26,600 | 1,275 | ||||||
Taubman Centers, Inc. REIT ^ | 54,700 | 2,539 | ||||||
UDR, Inc. REIT ^ | 175,183 | 3,938 | ||||||
Ventas, Inc. REIT | 108,000 | 5,784 | ||||||
Vornado Realty Trust REIT | 119,237 | 10,420 | ||||||
Total Common Stocks (cost $251,455) | 316,484 | |||||||
SECURITIES LENDING COLLATERAL - 8.5% | ||||||||
State Street Navigator Securities Lending Trust - Prime Portfolio, 0.35%5 | 27,123,574 | 27,124 | ||||||
Total Securities Lending Collateral (cost $27,124) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 0.9% | ||||||||
State Street Bank & Trust Co. 0.01% 5, dated 10/29/2010, to be repurchased at $2,818 on 11/01/2010. Collateralized by a U.S. Government Agency Obligation, 4.00%, due 12/15/2017, and with a value of $2,877. | $ | 2,818 | 2,818 | |||||
Total Repurchase Agreement (cost $2,818) | ||||||||
Total Investment Securities (cost $281,397) # | 346,426 | |||||||
Other Assets and Liabilities - Net | (27,058 | ) | ||||||
Net Assets | $ | 319,368 | ||||||
The notes to the financial statements are an integral part of this report. | ||
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SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited): | Total Investments | Value | ||||||
Real Estate Investment Trusts | 62.5 | % | $ | 216,697 | ||||
Real Estate Management & Development | 28.1 | 96,744 | ||||||
Hotels, Restaurants & Leisure | 0.8 | 3,043 | ||||||
Investment Securities, at Value | 91.4 | 316,484 | ||||||
Short-Term Investments | 8.6 | 29,942 | ||||||
Total Investments | 100.0 | % | $ | 346,426 | ||||
^ | All or a portion of this security is on loan. The value of all securities on loan is $25,887. | |
‡ | Non-income producing security. | |
5 | Rate shown reflects the yield at 10/29/2010. | |
# | Aggregate cost for federal income tax purposes is $306,283. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $45,317 and $5,174, respectively. Net unrealized appreciation for tax purposes is $40,143. |
REIT | Real Estate Investment Trust (includes domestic REITs and Foreign Real Estate Investment Companies) |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 133,098 | $ | 183,386 | $ | — | $ | 316,484 | ||||||||
Repurchase Agreement | — | 2,818 | — | 2,818 | ||||||||||||
Securities Lending Collateral | 27,124 | — | — | 27,124 | ||||||||||||
Total | $ | 160,222 | $ | 186,204 | $ | — | $ | 346,426 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 99.1% | ||||||||
Aerospace & Defense - 4.7% | ||||||||
Boeing Co. | 154,081 | $ | 10,884 | |||||
Precision Castparts Corp. | 99,809 | 13,632 | ||||||
United Technologies Corp. | 138,514 | 10,357 | ||||||
Air Freight & Logistics - 1.0% | ||||||||
CH Robinson Worldwide, Inc. | 49,374 | 3,480 | ||||||
Expeditors International of Washington, Inc. | 76,478 | 3,775 | ||||||
Beverages - 1.0% | ||||||||
Anheuser-Busch InBev NV ADR | 118,735 | 7,468 | ||||||
Biotechnology - 3.2% | ||||||||
Celgene Corp. ‡ | 243,979 | 15,144 | ||||||
Vertex Pharmaceuticals, Inc. ‡ | 203,221 | 7,789 | ||||||
Capital Markets - 2.6% | ||||||||
Charles Schwab Corp. | 505,205 | 7,780 | ||||||
Goldman Sachs Group, Inc. | 68,441 | 11,016 | ||||||
Communications Equipment - 5.7% | ||||||||
Cisco Systems, Inc. ‡ | 609,956 | 13,925 | ||||||
Juniper Networks, Inc. ‡ | 495,477 | 16,048 | ||||||
QUALCOMM, Inc. | 253,703 | 11,450 | ||||||
Computers & Peripherals - 8.0% | ||||||||
Apple, Inc. ‡ | 113,775 | 34,230 | ||||||
Hewlett-Packard Co. | 153,061 | 6,438 | ||||||
NetApp, Inc. ‡ | 327,319 | 17,430 | ||||||
Construction & Engineering - 0.4% | ||||||||
Quanta Services, Inc. ‡ | 151,537 | 2,979 | ||||||
Electronic Equipment & Instruments - 1.5% | ||||||||
Agilent Technologies, Inc. ‡ | 308,864 | 10,748 | ||||||
Energy Equipment & Services - 2.8% | ||||||||
Schlumberger, Ltd. | 287,879 | 20,120 | ||||||
Food & Staples Retailing - 2.6% | �� | |||||||
Costco Wholesale Corp. | 160,173 | 10,054 | ||||||
Whole Foods Market, Inc. ‡ | 214,245 | 8,516 | ||||||
Food Products - 3.4% | ||||||||
Kraft Foods, Inc. — Class A | 311,245 | 10,045 | ||||||
Mead Johnson Nutrition Co. — Class A | 117,371 | 6,904 | ||||||
Unilever PLC | 274,689 | 7,918 | ||||||
Health Care Equipment & Supplies - 1.2% | ||||||||
Alcon, Inc. | 51,108 | 8,572 | ||||||
Health Care Providers & Services - 2.9% | ||||||||
Express Scripts, Inc. ‡ | 245,766 | 11,924 | ||||||
Medco Health Solutions, Inc. ‡ | 181,089 | 9,513 | ||||||
Hotels, Restaurants & Leisure - 4.1% | ||||||||
Marriott International, Inc. — Class A | 315,916 | 11,704 | ||||||
McDonald’s Corp. | 105,691 | 8,220 | ||||||
Starbucks Corp. | 351,602 | 10,014 | ||||||
Internet & Catalog Retail - 4.4% | ||||||||
Amazon.com, Inc. ‡ | 195,154 | 32,228 | ||||||
Internet Software & Services - 5.5% | ||||||||
Baidu, Inc. ADR ‡ | 108,597 | 11,947 | ||||||
Google, Inc. — Class A ‡ | 36,433 | 22,333 | ||||||
Tencent Holdings, Ltd. | 245,049 | 5,618 | ||||||
IT Services - 7.5% | ||||||||
International Business Machines Corp. | 151,790 | 21,797 | ||||||
Mastercard, Inc. — Class A | 75,324 | 18,082 | ||||||
Visa, Inc. — Class A | 190,458 | 14,888 | ||||||
Life Sciences Tools & Services - 1.0% | ||||||||
Illumina, Inc. ‡ | 139,649 | 7,584 | ||||||
Machinery - 2.0% | ||||||||
Deere & Co. | 72,399 | 5,560 | ||||||
Ingersoll-Rand PLC | 219,171 | 8,616 | ||||||
Media - 2.7% | ||||||||
Walt Disney Co. | 538,468 | 19,444 | ||||||
Multiline Retail - 2.6% | ||||||||
Dollar General Corp. ‡ | 287,531 | 8,105 | ||||||
Target Corp. | 212,929 | 11,060 | ||||||
Oil, Gas & Consumable Fuels - 2.5% | ||||||||
Apache Corp. | 72,933 | 7,368 | ||||||
Occidental Petroleum Corp. | 135,930 | 10,688 | ||||||
Pharmaceuticals - 7.2% | ||||||||
Abbott Laboratories | 228,923 | 11,748 | ||||||
Allergan, Inc. | 110,024 | 7,967 | ||||||
Mylan, Inc. ‡ ^ | 234,188 | 4,759 | ||||||
Novartis AG ADR | 124,140 | 7,194 | ||||||
Shire PLC ADR | 150,729 | 10,566 | ||||||
Teva Pharmaceutical Industries, Ltd. ADR | 186,909 | 9,701 | ||||||
Road & Rail - 1.1% | ||||||||
Union Pacific Corp. | 87,398 | 7,663 | ||||||
Semiconductors & Semiconductor Equipment - 3.7% | ||||||||
Altera Corp. | 233,724 | 7,295 | ||||||
Broadcom Corp. — Class A | 239,609 | 9,762 | ||||||
Marvell Technology Group, Ltd. ‡ | 504,005 | 9,732 | ||||||
Software - 6.3% | ||||||||
Adobe Systems, Inc. ‡ | 12,828 | 361 | ||||||
Oracle Corp. | 566,038 | 16,642 | ||||||
Red Hat, Inc. ‡ | 120,782 | 5,104 | ||||||
Salesforce.com, Inc. ‡ | 103,557 | 12,020 | ||||||
VMware, Inc. — Class A ‡ | 156,161 | 11,940 | ||||||
Specialty Retail - 1.0% | ||||||||
Tiffany & Co. | 142,209 | 7,537 | ||||||
Textiles, Apparel & Luxury Goods - 6.0% | ||||||||
Coach, Inc. | 210,822 | 10,541 | ||||||
Lululemon Athletica, Inc. ‡ | 13,015 | 577 | ||||||
Nike, Inc. — Class B | 231,772 | 18,875 | ||||||
Phillips-Van Heusen Corp. | 37,691 | 2,312 | ||||||
Polo Ralph Lauren Corp. — Class A | 110,231 | 10,679 | ||||||
Wireless Telecommunication Services - 0.5% | ||||||||
American Tower Corp. — Class A ‡ | 64,659 | 3,337 | ||||||
Total Common Stocks (cost $574,917) | 719,707 | |||||||
SECURITIES LENDING COLLATERAL - 0.0%∞ | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 602 | 1 | ||||||
Total Securities Lending Collateral (cost $1) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 1.0% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $7,499 on 11/01/2010. Collateralized by a U.S. Government Obligation, 2.50%, due 04/30/2015, and with a value of $7,653. | $ | 7,499 | 7,499 | |||||
Total Repurchase Agreement (cost $7,499) | ||||||||
Total Investment Securities (cost $582,417) # | 727,207 | |||||||
Other Assets and Liabilities — Net | (475 | ) | ||||||
Net Assets | $ | 726,732 | ||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 177
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At October 31, 2010
(all amounts in thousands)
‡ | Non-income producing security. | |
^ | All or a portion of this security is on loan. The value of all securities on loan is $1. | |
∞ | Percentage rounds to less than 0.1%. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
# | Aggregate cost for federal income tax purposes is $589,359. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $138,774 and $926, respectively. Net unrealized appreciation for tax purposes is $137,848. |
ADR | American Depositary Receipt |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 654,055 | $ | 65,652 | $ | — | $ | 719,707 | ||||||||
Repurchase Agreement | — | 7,499 | — | 7,499 | ||||||||||||
Securities Lending Collateral | 1 | — | — | 1 | ||||||||||||
Total | $ | 654,056 | $ | 73,151 | $ | — | $ | 727,207 | ||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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(all amounts except share amounts in thousands)
Shares | Value | |||||||
COMMON STOCKS - 95.7% | ||||||||
Austria - 0.4% | ||||||||
Erste Group Bank AG | 45,968 | $ | 2,075 | |||||
Brazil - 0.7% | ||||||||
Banco Santander Brasil SA ADR | 242,430 | 3,491 | ||||||
Canada - 2.5% | ||||||||
Canadian National Railway Co. | 209,073 | 13,544 | ||||||
China - 0.5% | ||||||||
CNOOC, Ltd. | 1,417,000 | 2,929 | ||||||
Czech Republic - 0.8% | ||||||||
Komercni Banka AS | 19,395 | 4,400 | ||||||
France - 14.5% | ||||||||
Air Liquide SA | 83,324 | 10,778 | ||||||
AXA SA | 270,244 | 4,920 | ||||||
Groupe Danone SA | 123,826 | 7,837 | ||||||
Legrand SA | 98,945 | 3,820 | ||||||
LVMH Moet Hennessy Louis Vuitton SA | 122,967 | 19,271 | ||||||
Pernod-Ricard SA ^ | 89,419 | 7,929 | ||||||
Schneider Electric SA ^ | 130,929 | 18,586 | ||||||
Total SA ^ | 85,854 | 4,666 | ||||||
Germany - 10.6% | ||||||||
Bayer AG | 93,710 | 6,993 | ||||||
Beiersdorf AG | 140,352 | 9,144 | ||||||
Deutsche Boerse AG | 99,346 | 6,991 | ||||||
Linde AG | 146,245 | 21,057 | ||||||
Man AG | 42,973 | 4,725 | ||||||
Merck KGaA | 43,504 | 3,624 | ||||||
SAP AG | 86,035 | 4,487 | ||||||
Hong Kong - 2.7% | ||||||||
AIA Group, Ltd. ‡ | 446,200 | 1,330 | ||||||
China Unicom, Ltd. | 1,554,000 | 2,209 | ||||||
Esprit Holdings, Ltd. | 942,700 | 5,047 | ||||||
Li & Fung, Ltd. | 1,004,000 | 5,291 | ||||||
India - 3.0% | ||||||||
ICICI Bank, Ltd. ADR | 141,420 | 7,436 | ||||||
Infosys Technologies, Ltd. ADR ^ | 129,350 | 8,723 | ||||||
Japan - 10.6% | ||||||||
AEON Credit Service Co., Ltd. ^ | 143,400 | 1,650 | ||||||
Canon, Inc. | 145,900 | 6,745 | ||||||
Denso Corp. | 119,300 | 3,714 | ||||||
Fanuc, Ltd. | 50,900 | 7,369 | ||||||
Hirose Electric Co., Ltd. | 2,800 | 282 | ||||||
Hoya Corp. ^ | 396,200 | 9,267 | ||||||
INPEX Corp. | 1,457 | 7,577 | ||||||
Konica Minolta Holdings, Inc. | 260,500 | 2,525 | ||||||
Lawson, Inc. | 139,700 | 6,354 | ||||||
Nomura Holdings, Inc. ^ | 551,400 | 2,864 | ||||||
Shin-Etsu Chemical Co., Ltd. | 167,800 | 8,497 | ||||||
Korea, Republic of - 1.4% | ||||||||
Samsung Electronics Co., Ltd. | 11,133 | 7,371 | ||||||
Mexico - 0.3% | ||||||||
America Movil SAB de CV — Series L ADR | 27,050 | 1,549 | ||||||
Netherlands - 10.4% | ||||||||
Akzo Nobel NV | 154,700 | 9,185 | ||||||
Heineken NV | 307,922 | 15,608 | ||||||
ING Groep NV ‡ | 895,912 | 9,564 | ||||||
Randstad Holding NV ‡ | 126,270 | 6,010 | ||||||
TNT NV | 248,069 | 6,595 | ||||||
Wolters Kluwer NV | 378,603 | 8,613 | ||||||
Singapore - 1.1% | ||||||||
Keppel Corp., Ltd. | 181,000 | 1,396 | ||||||
Singapore Telecommunications, Ltd. | 1,935,150 | 4,620 | ||||||
South Africa - 0.9% | ||||||||
MTN Group, Ltd. | 268,631 | 4,832 | ||||||
Spain - 0.9% | ||||||||
Banco Santander SA | 230,259 | 2,958 | ||||||
Red Electrica Corp. SA | 34,826 | 1,750 | ||||||
Sweden - 0.8% | ||||||||
Svenska Cellulosa AB — Class B | 277,800 | 4,309 | ||||||
Switzerland - 13.8% | ||||||||
Cie Financiere Richemont SA | 165,707 | 8,265 | ||||||
Givaudan SA | 4,813 | 4,959 | ||||||
Julius Baer Group, Ltd. | 219,950 | 9,285 | ||||||
Nestle SA | 323,163 | 17,701 | ||||||
Roche Holding AG | 90,485 | 13,287 | ||||||
Sonova Holding AG | 20,521 | 2,377 | ||||||
Swiss Reinsurance Co., Ltd. | 55,508 | 2,668 | ||||||
Synthes, Inc. | 77,988 | 9,305 | ||||||
UBS AG ‡ | 371,889 | 6,296 | ||||||
Taiwan - 1.7% | ||||||||
Taiwan Semiconductor Manufacturing Co., Ltd. ADR | 816,371 | 8,907 | ||||||
United Kingdom - 18.1% | ||||||||
Barclays PLC | 408,180 | 1,796 | ||||||
BG Group PLC | 213,576 | 4,160 | ||||||
Burberry Group PLC | 76,414 | 1,248 | ||||||
Diageo PLC | 668,327 | 12,337 | ||||||
Hays PLC | 1,430,650 | 2,533 | ||||||
HSBC Holdings PLC | 1,553,387 | 16,156 | ||||||
Ladbrokes PLC | 410,641 | 867 | ||||||
Reckitt Benckiser Group PLC | 325,151 | 18,187 | ||||||
Royal Dutch Shell PLC — Class A | 246,964 | 8,017 | ||||||
Smiths Group PLC | 322,734 | 6,164 | ||||||
Standard Chartered PLC | 338,813 | 9,802 | ||||||
Tesco PLC | 1,126,612 | 7,706 | ||||||
William Hill PLC | 157,567 | 406 | ||||||
WPP PLC | 700,133 | 8,145 | ||||||
Total Common Stocks (cost $452,180) | 513,081 | |||||||
RIGHT - 0.0% ∞ | ||||||||
Spain - 0.0% ∞ | ||||||||
Banco Santander SA ‡ ^ | 230,256 | 38 | ||||||
Total Right (cost $39) | ||||||||
SECURITIES LENDING COLLATERAL - 2.8% | ||||||||
State Street Navigator Securities Lending Trust — Prime Portfolio, 0.35% ▲ | 15,209,287 | 15,209 | ||||||
Total Securities Lending Collateral (cost $15,209) |
Principal | Value | |||||||
REPURCHASE AGREEMENT - 4.1% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $22,040 on 11/01/2010. Collateralized by U.S. Government Agency Obligations, 4.00% - 5.50%, due 12/15/2017 12/25/2024, and with a total value of $22,482. | $ | 22,040 | 22,040 | |||||
Total Repurchase Agreement (cost $22,040) | ||||||||
Total Investment Securities (cost $489,468) # | 550,368 | |||||||
Other Assets and Liabilities — Net | (14,187 | ) | ||||||
Net Assets | $ | 536,181 | ||||||
The notes to the financial statements are an integral part of this report. | ||
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(all amounts in thousands)
Percentage of | ||||||||
INVESTMENTS BY INDUSTRY (unaudited): | Total Investments | Value | ||||||
Chemicals | 9.9 | % | $ | 54,476 | ||||
Commercial Banks | 8.8 | 48,152 | ||||||
Beverages | 6.4 | 35,875 | ||||||
Textiles, Apparel & Luxury Goods | 5.2 | 28,784 | ||||||
Oil, Gas & Consumable Fuels | 5.0 | 27,349 | ||||||
Food Products | 4.7 | 25,537 | ||||||
Pharmaceuticals | 4.3 | 23,904 | ||||||
Electrical Equipment | 4.1 | 22,406 | ||||||
Capital Markets | 3.3 | 18,445 | ||||||
Household Products | 3.3 | 18,187 | ||||||
Media | 3.1 | 16,758 | ||||||
Diversified Financial Services | 3.0 | 16,555 | ||||||
Semiconductors & Semiconductor Equipment | 2.9 | 16,278 | ||||||
Food & Staples Retailing | 2.6 | 14,060 | ||||||
Road & Rail | 2.5 | 13,544 | ||||||
Machinery | 2.2 | 12,094 | ||||||
Health Care Equipment & Supplies | 2.1 | 11,682 | ||||||
Electronic Equipment & Instruments | 1.7 | 9,549 | ||||||
Office Electronics | 1.7 | 9,270 | ||||||
Personal Products | 1.7 | 9,144 | ||||||
Insurance | 1.6 | 8,918 | ||||||
IT Services | 1.6 | 8,723 | ||||||
Professional Services | 1.5 | 8,543 | ||||||
Industrial Conglomerates | 1.4 | 7,560 | ||||||
Diversified Telecommunication Services | 1.2 | 6,829 | ||||||
Air Freight & Logistics | 1.2 | 6,595 | ||||||
Wireless Telecommunication Services | 1.2 | 6,381 | ||||||
Distributors | 1.0 | 5,291 | ||||||
Specialty Retail | 0.9 | 5,047 | ||||||
Software | 0.8 | 4,487 | ||||||
Paper & Forest Products | 0.8 | 4,309 | ||||||
Auto Components | 0.7 | 3,714 | ||||||
Electric Utilities | 0.3 | 1,750 | ||||||
Consumer Finance | 0.3 | 1,650 | ||||||
Hotels, Restaurants & Leisure | 0.2 | 1,273 | ||||||
Investment Securities, at Value | 93.2 | 513,119 | ||||||
Short-Term Investments | 6.8 | 37,249 | ||||||
Total Investments | 100.0 | % | $ | 550,368 | ||||
‡ | Non-income producing security. | |
^ | All or a portion of this security is on loan. The value of all securities on loan is $14,497. | |
∞ | Percentage rounds to less than 0.1%. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
# | Aggregate cost for federal income tax purposes is $489,727. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $74,052 and $13,411, respectively. Net unrealized appreciation for tax purposes is $60,641. |
ADR | American Depositary Receipt |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks | $ | 18,584 | $ | 494,497 | $ | — | $ | 513,081 | ||||||||
Repurchase Agreement | — | 22,040 | — | 22,040 | ||||||||||||
Rights | — | 38 | — | 38 | ||||||||||||
Securities Lending Collateral | 15,209 | — | — | 15,209 | ||||||||||||
Total | $ | 33,793 | $ | 516,575 | $ | — | $ | 550,368 | ||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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(all amounts in thousands)
Principal | Value | |||||||||||
U.S. GOVERNMENT OBLIGATIONS - 97.9% | ||||||||||||
U.S. Treasury Inflation Indexed Bond | ||||||||||||
1.75%, 01/15/2028 | $ | 24,069 | $ | 26,628 | ||||||||
2.00%, 01/15/2026 | 33,324 | 38,090 | ||||||||||
2.38%, 01/15/2025 • | 74,453 | 88,779 | ||||||||||
2.38%, 01/15/2027 | 14,223 | 17.075 | ||||||||||
2.50%, 01/15/2029 | 17,121 | 21,063 | ||||||||||
3.38%, 04/15/2032 | 615 | 868 | ||||||||||
3.63%, 04/15/2028 | 40,490 | 56,284 | ||||||||||
3.88%, 04/15/2029 | 49,050 | 71,019 | ||||||||||
U.S. Treasury Inflation Indexed Note | ||||||||||||
0.63%, 04/15/2013 | 1,239 | 1,281 | ||||||||||
1.25%, 04/15/2014 - 07/15/2020 | 29,372 | 31,523 | ||||||||||
1.38%, 07/15/2018 | 3,341 | 3,642 | ||||||||||
1.38%, 01/15/2020 g | 32,402 | 35,184 | ||||||||||
1.63%, 01/15/2015 g | 46,414 | 50,265 | ||||||||||
1.63%, 01/15/2018 | 16,567 | 18,301 | ||||||||||
1.88%, 07/15/2013 - 07/15/2019 | 80,914 | 88,495 | ||||||||||
2.00%, 04/15/2012 - 07/15/2014 | 93,781 | 101,235 | ||||||||||
2.00%, 01/15/2016 g | 34,314 | 38,212 | ||||||||||
2.13%, 01/15/2019 | 5,510 | 6,320 | ||||||||||
2.38%, 01/15/2017 g ○ | 71,756 | 82,227 | ||||||||||
2.50%, 07/15/2016 | 11,890 | 13,687 | ||||||||||
2.63%, 07/15/2017 | 6,846 | 8,031 | ||||||||||
3.00%, 07/15/2012 | 14,933 | 15,878 | ||||||||||
3.38%, 01/15/2012 | 11,253 | 11,782 | ||||||||||
3.50%, 01/15/2011 | 1,129 | 1,137 | ||||||||||
Total U.S. Government Obligations (cost $765,553) | 827,006 | |||||||||||
U.S. GOVERNMENT AGENCY OBLIGATIONS - 0.2% | ||||||||||||
Fannie Mae | ||||||||||||
0.41%, 08/25/2034 * | 120 | 114 | ||||||||||
1.55%, 10/01/2044 * | 48 | 47 | ||||||||||
Freddie Mac | ||||||||||||
0.49%, 02/15/2019 * | 1,890 | 1,890 | ||||||||||
Total U.S. Government Agency Obligations (cost $2,087) | 2,051 | |||||||||||
FOREIGN GOVERNMENT OBLIGATIONS - 2.6% | ||||||||||||
Australia Government Bond | ||||||||||||
2.50%, 09/20/2030 | AUD | 100 | 97 | |||||||||
3.00%, 09/20/2025 | AUD | 5,500 | 5,860 | |||||||||
4.00%, 08/20/2015 - 08/20/2020 | AUD | 3,300 | 5,365 | |||||||||
Canada Housing Trust No. 1 | CAD | 8,500 | 8,429 | |||||||||
2.45%, 12/15/2015 | CAD | 8,500 | 8,429 | |||||||||
New South Wales Treasury Corp. | AUD | 2,200 | 2,209 | |||||||||
2.75%, 11/20/2025 | AUD | 2,200 | 2,209 | |||||||||
Total Foreign Government Obligations (cost $20,393) | 21,960 | |||||||||||
MORTGAGE-BACKED SECURITIES - 2.4% | ||||||||||||
Arkle Master Issuer PLC | ||||||||||||
Series 2010-1A, Class 2A | ||||||||||||
1.52%, 05/17/2060 - 144A * | $ | 2,600 | 2,588 | |||||||||
Arran Residential Mortgages Funding PLC | ||||||||||||
Series 2010-1A, Class A1B | ||||||||||||
2.20%, 05/16/2047 - 144A * | 500 | 695 | ||||||||||
Banc of America Commercial Mortgage, Inc. | ||||||||||||
Series 2007-5, Class A4 | ||||||||||||
5.49%, 02/10/2051 | 530 | 563 | ||||||||||
Banc of America Mortgage Securities, Inc. | ||||||||||||
Series 2004-1, Class 5A1 | ||||||||||||
6.50%, 09/25/2033 | 39 | 41 | ||||||||||
Bear Stearns Adjustable Rate Mortgage Trust | ||||||||||||
Series 2005-2, Class A1 | ||||||||||||
2.76%, 03/25/2035 * | 763 | 727 | ||||||||||
Series 2005-2, Class A2 | ||||||||||||
2.93%, 03/25/2035 * | 242 | 231 | ||||||||||
Series 2005-5, Class A1 | ||||||||||||
2.34%, 08/25/2035 * | 243 | 232 | ||||||||||
Series 2005-5, Class A2 | ||||||||||||
2.40%, 08/25/2035 * | 416 | 393 | ||||||||||
Citigroup Mortgage Loan Trust, Inc. | ||||||||||||
Series 2005-11, Class A1A | ||||||||||||
2.82%, 12/25/2035 * | 38 | 34 | ||||||||||
Series 2005-6, Class A1 | ||||||||||||
2.51%, 08/25/2035 * | 295 | 277 | ||||||||||
Series 2005-6, Class A2 | ||||||||||||
2.56%, 08/25/2035 * | 363 | 326 | ||||||||||
Series 2005-6, Class A3 | ||||||||||||
2.21%, 08/25/2035 * | 47 | 44 | ||||||||||
Citigroup/Deutsche Bank Commercial Mortgage Trust | ||||||||||||
Series 2007-CD5, Class A4 | ||||||||||||
5.89%, 11/15/2044 * | 400 | 432 | ||||||||||
Countrywide Home Loan Mortgage Pass-Through Trust | ||||||||||||
Series 2005-3, Class 1A2 | ||||||||||||
0.55%, 04/25/2035 * | 1,112 | 687 | ||||||||||
Series 2005-R2, Class 1AF1 | ||||||||||||
0.60%, 06/25/2035 - 144A * | 254 | 219 | ||||||||||
Granite Master Issuer PLC | ||||||||||||
Series 2006-3, Class A3 | ||||||||||||
0.30%, 12/20/2054 * | 879 | 817 | ||||||||||
Series 2006-3, Class A7 | ||||||||||||
0.36%, 12/20/2054 * | 229 | 213 | ||||||||||
Greenpoint Mortgage Funding Trust | ||||||||||||
Series 2005-AR1, Class A2 | ||||||||||||
0.48%, 06/25/2045 * | 444 | 290 | ||||||||||
GSR Mortgage Loan Trust | ||||||||||||
Series 2005-AR6, Class 2A1 | ||||||||||||
2.89%, 09/25/2035 * | 757 | 727 | ||||||||||
JPMorgan Chase Commercial Mortgage Securities Corp. | ||||||||||||
Series 2006-CB17, Class A4 | ||||||||||||
5.43%, 12/12/2043 | 510 | 548 | ||||||||||
LB-UBS Commercial Mortgage Trust | ||||||||||||
Series 2007-C7, Class A3 | ||||||||||||
5.87%, 09/15/2045 * | 200 | 214 | ||||||||||
MASTR Alternative Loans Trust | ||||||||||||
Series 2006-2, Class 2A1 | ||||||||||||
0.66%, 03/25/2036 * | 771 | 305 | ||||||||||
Merrill Lynch/Countrywide Commercial Mortgage Trust | ||||||||||||
Series 2007-9, Class A4 | ||||||||||||
5.70%, 09/12/2049 | 300 | 315 | ||||||||||
Morgan Stanley Capital I | ||||||||||||
Series 2007-IQ15, Class A4 | ||||||||||||
5.88%, 06/11/2049 * | 1,200 | 1,277 | ||||||||||
Permanent Master Issuer PLC | ||||||||||||
Series 2006-1, Class 5A | ||||||||||||
0.40%, 07/15/2033 * | 5,500 | 5,351 | ||||||||||
Residential Accredit Loans, Inc. | ||||||||||||
Series 2006-QO6, Class A1 | ||||||||||||
0.44%, 06/25/2046 * | 1,177 | 483 | ||||||||||
Sequoia Mortgage Trust | ||||||||||||
Series 5, Class A | ||||||||||||
0.61%, 10/19/2026 * | 128 | 110 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||||||
MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||
Structured Asset Mortgage Investments, Inc. | ||||||||||||
Series 2006-AR5, Class 1A1 | ||||||||||||
0.47%, 05/25/2046 * | $ | 1,033 | $ | 546 | ||||||||
Wachovia Bank Commercial Mortgage Trust | ||||||||||||
Series 2006-C23, Class A4 | ||||||||||||
5.42%, 01/15/2045 * | 720 | 788 | ||||||||||
Series 2006-C28, Class A4 | ||||||||||||
5.57%, 10/15/2048 | 400 | 424 | ||||||||||
WaMu Mortgage Pass-Through Certificates | ||||||||||||
Series 2003-AR9, Class 2A | ||||||||||||
2.78%, 09/25/2033 * | 733 | 740 | ||||||||||
Total Mortgage-Backed Securities (cost $20,707) | 20,637 | |||||||||||
ASSET-BACKED SECURITIES - 0.6% | ||||||||||||
ARES CLO Funds | ||||||||||||
Series 2006-6RA, Class A1B | ||||||||||||
0.52%, 03/12/2018 - 144A * | 890 | 845 | ||||||||||
CSAB Mortgage Backed Trust | ||||||||||||
Series 2006-1, Class A6A | ||||||||||||
6.17%, 06/25/2036 * | 1,211 | 785 | ||||||||||
Equity One, Inc. | ||||||||||||
Series 2004-1, Class AV2 | ||||||||||||
0.56%, 04/25/2034 * | 47 | 36 | ||||||||||
Gazprom Via Gaz Capital SA | ||||||||||||
Series 16 | ||||||||||||
7.34%, 04/11/2013 - 144A | 300 | 325 | ||||||||||
Magnolia Funding, Ltd. | ||||||||||||
Series 2010-1A, Class A1 | ||||||||||||
3.00%, 04/20/2017 - 144A | 485 | 677 | ||||||||||
Morgan Stanley Mortgage Loan Trust | ||||||||||||
Series 2006-12XS, Class A6A | ||||||||||||
5.73%, 10/25/2036 * | 472 | 279 | ||||||||||
SLM Student Loan Trust | ||||||||||||
Series 2010-B, Class A1 | ||||||||||||
2.18%, 08/15/2016 - 144A * | 1,824 | 1,824 | ||||||||||
Truman Capital Mortgage Loan Trust | ||||||||||||
Series 2004-1, Class A1 | ||||||||||||
0.60%, 01/25/2034 - 144A * | 2 | 2 | ||||||||||
Wood Street CLO BV | ||||||||||||
Series II-A, Class A1 | ||||||||||||
1.39%, 03/29/2021 - 144A * § | 298 | 384 | ||||||||||
Total Asset-Backed Securities (cost $5,342) | 5,157 | |||||||||||
MUNICIPAL GOVERNMENT OBLIGATIONS - 0.2% | ||||||||||||
Buckeye Tobacco Settlement Financing Authority | ||||||||||||
5.88%, 06/01/2047 | 500 | 381 | ||||||||||
Tobacco Settlement Financing Corp. -Series A | ||||||||||||
6.00%, 06/01/2023 | 385 | 397 | ||||||||||
7.47%, 06/01/2047 | 670 | 522 | ||||||||||
Total Municipal Government Obligations (cost $1,471) | 1,300 | |||||||||||
PREFERRED CORPORATE DEBT SECURITIES - 0.3% | ||||||||||||
Commercial Banks - 0.3% | ||||||||||||
Wells Fargo & Co. — Series K | ||||||||||||
7.98%, 03/15/2018 * Ž | 1,500 | 1,575 | ||||||||||
Wells Fargo Capital XIII | ||||||||||||
7.70%, 03/26/2013 * Ž | 800 | 830 | ||||||||||
Total Preferred Corporate Debt Securities (cost $2,300) | 2,405 | |||||||||||
CORPORATE DEBT SECURITIES - 11.5% | ||||||||||||
Capital Markets - 2.0% | ||||||||||||
BP Capital Markets PLC | ||||||||||||
0.42%, 04/11/2011 * | 200 | 200 | ||||||||||
Goldman Sachs Group, Inc. | ||||||||||||
0.47%, 02/06/2012 * | 500 | 498 | ||||||||||
0.74%, 03/22/2016 * | 5,455 | 5,089 | ||||||||||
Morgan Stanley | ||||||||||||
1.22%, 03/01/2013 * | EUR | 1,000 | 1,325 | |||||||||
2.88%, 05/14/2013 * | $ | 8,800 | 9,010 | |||||||||
Morgan Stanley — Series F | ||||||||||||
0.54%, 01/09/2012 * | 200 | 200 | ||||||||||
0.74%, 10/18/2016 * | 800 | 712 | ||||||||||
Commercial Banks - 3.3% | ||||||||||||
ANZ National International, Ltd. | ||||||||||||
0.79%, 08/19/2014 - 144A * | 2,000 | 2,014 | ||||||||||
6.20%, 07/19/2013 - 144A | 1,700 | 1,901 | ||||||||||
Banco Mercantil del Norte SA | ||||||||||||
4.38%, 07/19/2015 - 144A | 100 | 101 | ||||||||||
Bank of Scotland PLC | ||||||||||||
4.88%, 04/15/2011 - Reg S § | 1,100 | 1,121 | ||||||||||
Barclays Bank PLC | ||||||||||||
1.39%, 12/16/2011 * | 10,600 | 10,599 | ||||||||||
HBOS PLC | ||||||||||||
6.75%, 05/21/2018 - 144A | 1,000 | 1,025 | ||||||||||
National Australia Bank, Ltd. | ||||||||||||
5.35%, 06/12/2013 - 144A | 1,400 | 1,537 | ||||||||||
Royal Bank of Scotland PLC | ||||||||||||
2.76%, 08/23/2013 * | 7,000 | 7,168 | ||||||||||
3.00%, 12/09/2011 - 144A | 1,000 | 1,026 | ||||||||||
Wachovia Corp. | ||||||||||||
0.42%, 04/23/2012 * | 1,100 | 1,096 | ||||||||||
Consumer Finance - 0.0% ∞ | ||||||||||||
SLM Corp. | ||||||||||||
5.05%, 11/14/2014 | 300 | 296 | ||||||||||
Diversified Financial Services - 3.0% | ||||||||||||
Ally Financial, Inc. | ||||||||||||
6.63%, 05/15/2012 | 4,900 | 5,090 | ||||||||||
6.88%, 09/15/2011 | 500 | 516 | ||||||||||
Citigroup, Inc. | ||||||||||||
2.38%, 08/13/2013 * | 1,500 | 1,512 | ||||||||||
Countrywide Financial Corp. | ||||||||||||
5.80%, 06/07/2012 | 500 | 528 | ||||||||||
Ford Motor Credit Co., LLC | ||||||||||||
7.00%, 10/01/2013 | 1,000 | 1,091 | ||||||||||
7.25%, 10/25/2011 | 1,950 | 2,047 | ||||||||||
7.80%, 06/01/2012 | 450 | 485 | ||||||||||
Green Valley, Ltd. | ||||||||||||
4.57%, 01/10/2011 - 144A * § | EUR | 300 | 415 | |||||||||
International Lease Finance Corp. | ||||||||||||
6.50%, 09/01/2014 - 144A | $ | 600 | 648 | |||||||||
6.75%, 09/01/2016 - 144A | 500 | 545 | ||||||||||
7.13%, 09/01/2018 - 144A | 1,000 | 1,100 | ||||||||||
Merrill Lynch & Co., Inc. | ||||||||||||
1.63%, 09/27/2012 * | EUR | 7,400 | 9,938 | |||||||||
Mystic Re, Ltd. | ||||||||||||
10.30%, 06/07/2011 - 144A * § | $ | 1,000 | 1,053 | |||||||||
Vita Capital III, Ltd. | ||||||||||||
1.41%, 01/01/2012 - 144A * § | 400 | 397 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts except share amounts in thousands)
Principal | Value | |||||||
Energy Equipment & Services - 0.3% | ||||||||
Transocean, Inc. | ||||||||
4.95%, 11/15/2015 | $ | 2,300 | $ | 2,437 | ||||
Food Products - 0.7% | ||||||||
Tyson Foods, Inc. | ||||||||
10.50%, 03/01/2014 | 5,000 | 6,013 | ||||||
Household Durables - 0.4% | ||||||||
Black & Decker Corp. | ||||||||
8.95%, 04/15/2014 | 3,000 | 3,704 | ||||||
Insurance - 1.7% | ||||||||
American International Group, Inc. | ||||||||
8.18%, 05/15/2058 * | 3,650 | 3,888 | ||||||
8.63%, 05/22/2038 - Reg S * GBP | 500 | 821 | ||||||
Foundation RE II, Ltd. — Series 2006-I | ||||||||
7.12%, 11/26/2010 - 144A * § | $ | 500 | 501 | |||||
Marsh & McLennan Cos., Inc. | ||||||||
5.75%, 09/15/2015 | 6,000 | 6,685 | ||||||
New York Life Global Funding | ||||||||
4.65%, 05/09/2013 - 144A | 1,600 | 1,735 | ||||||
Pacific Life Global Funding | ||||||||
5.15%, 04/15/2013 - 144A | 500 | 540 | ||||||
Oil, Gas & Consumable Fuels - 0.1% | ||||||||
Petroleos Mexicanos | ||||||||
5.50%, 01/21/2021 | 800 | 870 | ||||||
Total Corporate Debt Securities (cost $90,515) | 97,477 | |||||||
Shares | Value | |||||||
CONVERTIBLE PREFERRED STOCK - 0.0% ∞ | ||||||||
Commercial Banks - 0.0% ∞ | ||||||||
Wells Fargo & Co. 7.50% | 400 | 400 | ||||||
Total Convertible Preferred Stock (cost $400) | ||||||||
Total Investment Securities (cost $908,768) # | 978,393 | |||||||
Other Assets and Liabilities — Net | (132,428 | ) | ||||||
Net Assets | $ | 845,965 | ||||||
Principal | Value | |||||||
REVERSE REPURCHASE AGREEMENTS — (2.8)% | ||||||||
Credit Suisse First Boston Mortgage Securities Corp. | ||||||||
0.24% ▲, dated 10/29/2010, to be repurchased at $(6,571) on 01/28/2011. | $ | (6,571 | ) | $ | (6,571 | ) | ||
BNP Paribas | ||||||||
0.23% ▲, dated 10/21/2010, to be repurchased at $(16,993) on 11/16/2010. | (16,993 | ) | (16,993 | ) | ||||
Total Reverse Repurchase Agreements (cost $(23,564)) | (23,564 | ) | ||||||
Notional | ||||||||
Amount | Value | |||||||
WRITTEN-OPTIONS - 0.0%∞ | ||||||||
Call Options - 0.0%∞ | ||||||||
10-Year U.S. Treasury Note Futures | $ | (68 | ) | (11 | ) | |||
Call Strike $129.00 | ||||||||
Expires 11/26/2010 | ||||||||
Euro Futures | (65 | ) | (12 | ) | ||||
Call Strike $99.50 | ||||||||
Expires 12/13/2010 | ||||||||
Put Options - 0.0%∞ | ||||||||
10-Year U.S. Treasury Note Futures | (13 | ) | (7 | ) | ||||
Put Strike $125.00 | ||||||||
Expires 11/26/2010 | ||||||||
10-Year U.S. Treasury Note Futures | (55 | ) | (15 | ) | ||||
Put Strike $124.00 | ||||||||
Expires 11/26/2010 | ||||||||
Euro Futures | (65 | ) | (1 | ) | ||||
Put Strike $99.50 | ||||||||
Expires 12/13/2010 | ||||||||
Total Written Options (Premiums: $66) | (46 | ) | ||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 183
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At October 31, 2010
(all amounts in thousands)
WRITTEN SWAPTIONS: | ||||||||||||||||||||||||||||
Pay/Receive | Exercise | Expiration | Notional | Premiums Paid | ||||||||||||||||||||||||
Description | Floating Rate Index | Floating Rate | Rate | Date | Amount | (Received) | Value | |||||||||||||||||||||
Call — Interest Rate Swap, European Style § | 2-Year OC FVA USD | Receive | 0.00 | %∞ | 10/11/2011 | $ | (11,800 | ) | $ | (131 | ) | $ | (126 | ) | ||||||||||||||
Call — Interest Rate Swap, European Style § | 2-Year OC FVA USD | Receive | 0.00 | ∞ | 11/14/2011 | (13,400 | ) | (146 | ) | (141 | ) | |||||||||||||||||
Call — Interest Rate Swap, European Style § | 10-Year IRO USD | Receive | 0.01 | 10/11/2011 | (5,500 | ) | (28 | ) | (32 | ) | ||||||||||||||||||
Call — Interest Rate Swap, European Style | Itraxx.OC 0.9 Euro | Receive | 0.90 | 12/15/2010 | (1,400 | ) | (7 | ) | (5 | ) | ||||||||||||||||||
Call — Interest Rate Swap, European Style | 5-Year CDX.OC 0.90 | Receive | 0.90 | 12/15/2010 | (2,300 | ) | (7 | ) | (8 | ) | ||||||||||||||||||
Call — Interest Rate Swap, European Style | 5-Year CDX.OIC 14 UAG | Receive | 0.90 | 12/15/2010 | (1,900 | ) | (4 | ) | (9 | ) | ||||||||||||||||||
Call — Interest Rate Swap, European Style | 5-Year Itraxx.O Euro 14 MYC | Receive | 0.90 | 03/16/2011 | (2,700 | ) | (8 | ) | (11 | ) | ||||||||||||||||||
Call — Interest Rate Swap, European Style | 3-Month USD LIBOR | Receive | 1.25 | 02/22/2011 | (19,900 | ) | (34 | ) | (37 | ) | ||||||||||||||||||
Call — Interest Rate Swap, European Style | 3-Month USD LIBOR | Receive | 1.35 | 12/13/2010 | (15,800 | ) | (43 | ) | (39 | ) | ||||||||||||||||||
Call — Interest Rate Swap, European Style | 3-Month USD LIBOR | Receive | 1.35 | 12/13/2010 | (24,100 | ) | (57 | ) | (60 | ) | ||||||||||||||||||
Call — Interest Rate Swap, European Style | 5-Year IRO USD | Receive | 1.50 | 12/13/2010 | (3,100 | ) | (10 | ) | (17 | ) | ||||||||||||||||||
Call — Interest Rate Swap, European Style | 5-Year IRO USD | Receive | 1.50 | 12/13/2010 | (1,000 | ) | (3 | ) | (6 | ) | ||||||||||||||||||
Call — Interest Rate Swap, European Style | 3-Month USD LIBOR | Receive | 2.25 | 12/13/2010 | (3,100 | ) | (14 | ) | (3 | ) | ||||||||||||||||||
Call — Interest Rate Swap, European Style | 10-Year IRO USD | Receive | 3.25 | 01/24/2011 | (3,400 | ) | (19 | ) | (157 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 10-Year IRO USD | Pay | 0.00 | ∞ | 03/10/2020 | (1,800 | ) | (14 | ) | (15 | ) | |||||||||||||||||
Put — Interest Rate Swap, European Style | 10-Year IRO USD | Pay | 0.00 | ∞ | 03/12/2020 | (7,600 | ) | (64 | ) | (68 | ) | |||||||||||||||||
Put — Interest Rate Swap, European Style | 10-Year IRO USD | Pay | 0.00 | ∞ | 04/07/2020 | (14,200 | ) | (127 | ) | (128 | ) | |||||||||||||||||
Put — Interest Rate Swap, European Style | 10-Year IRO USD | Pay | 0.00 | ∞ | 09/29/2020 | (1,700 | ) | (22 | ) | (15 | ) | |||||||||||||||||
Put — Interest Rate Swap, European Style | 5-Year CDX.OP 1.5 UAG | Pay | 1.50 | 12/15/2010 | (1,900 | ) | (6 | ) | w | |||||||||||||||||||
Put — Interest Rate Swap, European Style | 5-Year CDX.OP 1.5 | Pay | 1.50 | 12/15/2010 | (2,300 | ) | (7 | ) | w | |||||||||||||||||||
Put — Interest Rate Swap, European Style | Itraxx.OP 1.6 Euro | Pay | 1.60 | 12/15/2010 | (1,400 | ) | (5 | ) | (1 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 5-Year Itraxx.O Euro 14 MYC | Pay | 1.60 | 03/16/2011 | (2,700 | ) | (21 | ) | (10 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 3-Month USD LIBOR | Pay | 1.70 | 12/13/2010 | (15,800 | ) | (47 | ) | (38 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 5-Year CDX.0 IG14 MYC | Pay | 1.70 | 03/16/2011 | (800 | ) | (4 | ) | (1 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 3-Month USD LIBOR | Pay | 1.80 | 02/22/2011 | (19,900 | ) | (116 | ) | (112 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 5-Year Itraxx.OC. 0.9 Euro | Pay | 1.80 | 03/16/2011 | (800 | ) | (6 | ) | (3 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 3-Month USD LIBOR | Pay | 1.95 | 12/13/2010 | (24,100 | ) | (44 | ) | (16 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 5-Year IRO USD | Pay | 2.10 | 12/13/2010 | (1,000 | ) | (5 | ) | w | |||||||||||||||||||
Put — Interest Rate Swap, European Style | 5-Year IRO USD | Pay | 2.10 | 12/13/2010 | (3,100 | ) | (11 | ) | (1 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 2-Year IRO USD | Pay | 2.25 | 09/24/2012 | (3,300 | ) | (23 | ) | (15 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 2-Year IRO USD | Pay | 2.25 | 09/24/2012 | (1,400 | ) | (9 | ) | (6 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 2-Year IRO USD | Pay | 2.25 | 09/24/2012 | (67,100 | ) | (537 | ) | (296 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 3-Month USD LIBOR | Pay | 2.75 | 12/13/2010 | (3,100 | ) | (25 | ) | (41 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 3-Year IRO USD | Pay | 3.00 | 06/18/2012 | (16,600 | ) | (172 | ) | (57 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 3-Year IRO USD | Pay | 3.00 | 06/18/2012 | (8,100 | ) | (90 | ) | (28 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 3-Year IRO USD | Pay | 3.00 | 06/18/2012 | (13,300 | ) | (147 | ) | (46 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 3-Year IRO USD | Pay | 3.00 | 06/18/2012 | (10,600 | ) | (96 | ) | (36 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 3-Year IRO USD | Pay | 3.00 | 06/18/2012 | (7,000 | ) | (78 | ) | (24 | ) | ||||||||||||||||||
Put — Interest Rate Swap, European Style | 10-Year IRO USD | Pay | 5.00 | 01/24/2011 | (3,400 | ) | (28 | ) | w | |||||||||||||||||||
Put — Interest Rate Swap, European Style | 10-Year IRO USD | Pay | 10.00 | 07/10/2012 | (2,600 | ) | (18 | ) | w | |||||||||||||||||||
Put — Interest Rate Swap, European Style | 10-Year IRO USD | Pay | 10.00 | 07/10/2012 | (1,400 | ) | (9 | ) | w | |||||||||||||||||||
$ | (2,242 | ) | $ | (1,608 | ) | |||||||||||||||||||||||
Implied | ||||||||||||||||||||||||||||||||
Credit Spread | Premiums | Unrealized | ||||||||||||||||||||||||||||||
Fixed Deal | (BP) at | Notional | Market | Paid | Appreciation | |||||||||||||||||||||||||||
Reference Obligation | Pay Rate | Maturity Date | Counterparty | 10/31/2010(3) | Amount(4) | Value | (Received) | (Depreciation) | ||||||||||||||||||||||||
Black and Decker Corp., 8.95%, 04/15/2014 | 2.20 | 06/20/2014 | CBK | 24.24 | $ | 3,000 | $ | (207 | ) | $ | — | $ | (207 | ) | ||||||||||||||||||
Marsh & McLennan Cos., Inc., 5.75%, 09/15/2015 | 0.76 | 09/20/2015 | BRC | 111.65 | 6,000 | 98 | — | 98 | ||||||||||||||||||||||||
Tyson Foods, Inc., 6.60%, 03/20/2014 | 1.00 | 03/20/2014 | BPS | 143.37 | 6,000 | 88 | 300 | (212 | ) | |||||||||||||||||||||||
$ | (21 | ) | $ | 300 | $ | (321 | ) | |||||||||||||||||||||||||
The notes to the financial statements are an integral part of this report. | ||
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(all amounts in thousands)
Implied | ||||||||||||||||||||||||||||||||
Credit Spread | Premiums | Unrealized | ||||||||||||||||||||||||||||||
Fixed Deal | (BP) at | Notional | Market | Paid | Appreciation | |||||||||||||||||||||||||||
Reference Obligation | Receive Rate | Maturity Date | Counterparty | 10/31/2010(3) | Amount(4) | Value | (Received) | (Depreciation) | ||||||||||||||||||||||||
20-Year Japan Government Bond, 2.00%, 03/21/2022 § | 1.00 | 12/20/2015 | BOA | 55.50 | $ | 2,900 | $ | 66 | $ | 66 | $ | — | ||||||||||||||||||||
20-Year Japan Government Bond, 2.00%, 03/21/2022 § | 1.00 | 12/20/2015 | RYL | 55.50 | 700 | 16 | 16 | — | ||||||||||||||||||||||||
20-Year Japan Government Bond, 2.00%, 03/21/2022 § | 1.00 | 12/20/2015 | GST | 55.50 | 500 | (12 | ) | 10 | (22 | ) | ||||||||||||||||||||||
20-Year Japan Government Bond, 2.00%, 03/21/2022 § | 1.00 | 12/20/2015 | BOA | 55.50 | 500 | (12 | ) | 10 | (22 | ) | ||||||||||||||||||||||
American International Group, Inc., 6.25%, 05/01/2036 | 5.00 | 12/20/2013 | DUB | 141.55 | 6,500 | 712 | (411 | ) | 1,123 | |||||||||||||||||||||||
CDX.EM.14 § | 5.00 | 12/20/2015 | DUB | 204.40 | 1,100 | 154 | 162 | (8 | ) | |||||||||||||||||||||||
CDX.EM.14 § | 5.00 | 12/20/2015 | BRC | 204.40 | 800 | 112 | 113 | (1 | ) | |||||||||||||||||||||||
CDX.EM.14 § | 5.00 | 12/20/2015 | UAG | 204.40 | 1,300 | 182 | 180 | 2 | ||||||||||||||||||||||||
Federative Republic of Brazil, 12.25%, 03/06/2030 § | 1.00 | 06/20/2015 | BRC | 95.01 | 1,000 | 2 | (8 | ) | 10 | |||||||||||||||||||||||
Federative Republic of Brazil, 12.25%, 03/06/2030 § | 1.00 | 06/20/2015 | HUS | 95.01 | 1,000 | 2 | (13 | ) | 15 | |||||||||||||||||||||||
Federative Republic of Brazil, 12.25%, 03/06/2030 § | 1.00 | 06/20/2015 | BRC | 95.01 | 1,000 | 2 | (17 | ) | 19 | |||||||||||||||||||||||
Federative Republic of Brazil, 12.25%, 03/06/2030 | 1.00 | 06/20/2020 | DUB | 126.98 | 2,500 | (55 | ) | (80 | ) | 25 | ||||||||||||||||||||||
France Government Bond, 4.25%, 04/25/2019 | 0.25 | 06/20/2015 | CBK | 65.67 | 1,300 | (23 | ) | (28 | ) | 5 | ||||||||||||||||||||||
France Government Bond, 4.25%, 04/25/2019 | 0.25 | 06/20/2015 | DUB | 65.67 | 1,300 | (23 | ) | (39 | ) | 16 | ||||||||||||||||||||||
France Government Bond, 4.25%, 04/25/2019 | 0.25 | 12/20/2015 | BOA | 69.85 | 800 | (17 | ) | (16 | ) | (1 | ) | |||||||||||||||||||||
France Government Bond, 4.25%, 04/25/2019 | 0.25 | 12/20/2015 | BOA | 69.85 | 1,200 | (25 | ) | (32 | ) | 7 | ||||||||||||||||||||||
France Government Bond, 4.25%, 04/25/2019 | 0.25 | 12/20/2015 | BRC | 69.85 | 1,100 | (24 | ) | (22 | ) | (2 | ) | |||||||||||||||||||||
France Government Bond, 4.25%, 04/25/2019 | 0.25 | 12/20/2015 | RYL | 69.85 | 900 | (19 | ) | (17 | ) | (2 | ) | |||||||||||||||||||||
France Government Bond, 4.25%, 04/25/2019 | 0.25 | 12/20/2015 | CBK | 69.85 | 600 | (13 | ) | (16 | ) | 3 | ||||||||||||||||||||||
Petrobras International Finance Co., 8.38%, 12/10/2018 | 1.00 | 09/20/2012 | DUB | 112.78 | 300 | (1 | ) | (3 | ) | 2 | ||||||||||||||||||||||
Republic of Italy, 6.88%, 09/27/2023 § | 1.00 | 06/20/2011 | BOA | 95.43 | 200 | w | (2 | ) | 2 | |||||||||||||||||||||||
Republic of Italy, 6.88%, 09/27/2023 | 1.00 | 06/20/2015 | DUB | 167.24 | 800 | (23 | ) | (15 | ) | (8 | ) | |||||||||||||||||||||
United Kingdom Gilt, 4.25%, 06/07/2032 § | 1.00 | 06/20/2015 | CBK | 49.71 | 1,600 | 35 | 12 | 23 | ||||||||||||||||||||||||
United Kingdom Gilt, 4.25%, 06/07/2032 § | 1.00 | 06/20/2015 | DUB | 49.71 | 2,200 | 48 | 17 | 31 | ||||||||||||||||||||||||
United Kingdom Gilt, 4.25%, 06/07/2032 § | 1.00 | 06/20/2015 | DUB | 49.71 | 700 | 15 | 3 | 12 | ||||||||||||||||||||||||
United Kingdom Gilt, 4.25%, 06/07/2032 § | 1.00 | 12/20/2015 | DUB | 54.00 | 900 | 21 | 21 | — | ||||||||||||||||||||||||
$ | 1,120 | $ | (109 | ) | $ | 1,229 | ||||||||||||||||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts in thousands)
Premiums | Unrealized | |||||||||||||||||||||||||||||||
Currency | Notional | Market | Paid | Appreciation | ||||||||||||||||||||||||||||
Floating Rate Index | Fixed Rate | Maturity Date | Counterparty | Code | Amount | Value | (Received) | (Depreciation) | ||||||||||||||||||||||||
3-Month USD LIBOR | 3.25 | 11/02/2020 | MYC | — | $ | 1,400 | $ | — | $ | — | $ | — | ||||||||||||||||||||
3-Month USD LIBOR | 3.25 | 11/02/2020 | CBK | — | 1,600 | — | — | — | ||||||||||||||||||||||||
3-Month USD LIBOR | 3.25 | 11/02/2020 | BOA | — | 9,600 | — | — | — | ||||||||||||||||||||||||
BRL-CDI | 14.77 | 01/02/2012 | MLC | BRL | 1,100 | 66 | 1 | 65 | ||||||||||||||||||||||||
BRL-CDI | 14.77 | 01/02/2012 | HUS | BRL | 200 | 12 | 1 | 11 | ||||||||||||||||||||||||
BRL-CDI | 11.89 | 01/02/2013 | HUS | BRL | 4,800 | 38 | 5 | 33 | ||||||||||||||||||||||||
FRC — Excluding Tobacco-Non- Revised CPI | 2.04 | 02/21/2011 | BPS | EUR | 5,500 | 249 | — | 249 | ||||||||||||||||||||||||
$ | 365 | $ | 7 | $ | 358 | |||||||||||||||||||||||||||
Premiums | Unrealized | |||||||||||||||||||||||||||||||
Currency | Notional | Market | Paid | Appreciation | ||||||||||||||||||||||||||||
Floating Rate Index | Fixed Rate | Maturity Date | Counterparty | Code | Amount | Value | (Received) | (Depreciation) | ||||||||||||||||||||||||
BRL-CDI | 11.14 | 01/02/2012 | HUS | BRL | $ | 2,600 | $ | 31 | $ | 7 | $ | 24 | ||||||||||||||||||||
BRL-CDI | 11.36 | 01/02/2012 | HUS | BRL | 29,800 | 313 | 28 | 285 | ||||||||||||||||||||||||
BRL-CDI § | 11.63 | 01/02/2012 | MYC | BRL | 20,100 | 118 | (17 | ) | 135 | |||||||||||||||||||||||
BRL-CDI | 10.58 | 01/02/2012 | UAG | BRL | 13,000 | (91 | ) | (1 | ) | (90 | ) | |||||||||||||||||||||
BRL-CDI | 10.12 | 01/02/2012 | MYC | BRL | 3,000 | (55 | ) | (9 | ) | (46 | ) | |||||||||||||||||||||
BRL-CDI | 10.68 | 01/02/2012 | BRC | BRL | 14,800 | (67 | ) | (45 | ) | (22 | ) | |||||||||||||||||||||
BRL-CDI | 11.89 | 01/02/2013 | GLM | BRL | 20,100 | 160 | 9 | 151 | ||||||||||||||||||||||||
BRL-CDI | 12.07 | 01/02/2013 | UAG | BRL | 14,900 | 152 | (43 | ) | 195 | |||||||||||||||||||||||
BRL-CDI | 11.98 | 01/02/2013 | MYC | BRL | 5,300 | 47 | — | 47 | ||||||||||||||||||||||||
FRC — Excluding Tobacco-Non- Revised CPI | 2.10 | 10/15/2011 | UAG | EUR | 2,800 | 149 | — | 149 | ||||||||||||||||||||||||
UK-RPI § | 3.44 | 09/14/2012 | RYL | GBP | 1,700 | 2 | — | 2 | ||||||||||||||||||||||||
UK-RPI § | 3.45 | 09/15/2012 | DUB | GBP | 500 | 1 | — | 1 | ||||||||||||||||||||||||
$ | 760 | $ | (71 | ) | $ | 831 | ||||||||||||||||||||||||||
FUTURES CONTRACTS: g | ||||||||||||||||
Net Unrealized | ||||||||||||||||
Appreciation | ||||||||||||||||
Description | Type | Contracts ┌ | Expiration Date | (Depreciation) | ||||||||||||
90-Day Euro | Long | 109 | 03/14/2011 | $ | 4 | |||||||||||
90-Day Euro | Long | 226 | 06/13/2011 | 23 | ||||||||||||
90-Day Euro | Long | 66 | 03/19/2012 | 38 | ||||||||||||
$ | 65 | |||||||||||||||
FORWARD FOREIGN CURRENCY CONTRACTS: ☼ | ||||||||||||||||
Amount in U.S. | Net Unrealized | |||||||||||||||
Settlement | Dollars | Appreciation | ||||||||||||||
Currency | Bought (Sold) | Date | Bought (Sold) | (Depreciation) | ||||||||||||
Australian Dollar | (1,730 | ) | 12/03/2010 | $ | (1,696 | ) | $ | 9 | ||||||||
Brazilian Real | 8,612 | 12/02/2010 | 4,799 | 236 | ||||||||||||
Brazilian Real | 350 | 12/02/2010 | 200 | 5 | ||||||||||||
Brazilian Real | (8,962 | ) | 12/02/2010 | (5,355 | ) | 117 | ||||||||||
Brazilian Real | 8,962 | 03/02/2011 | 5,255 | (104 | ) | |||||||||||
Canadian Dollar | (7,440 | ) | 11/18/2010 | (7,269 | ) | (24 | ) | |||||||||
Chinese Yuan Renminbi | (1,708 | ) | 11/17/2010 | (257 | ) | 1 | ||||||||||
Chinese Yuan Renminbi | 3,456 | 11/17/2010 | 521 | (3 | ) | |||||||||||
Chinese Yuan Renminbi | 883 | 11/17/2010 | 133 | (1 | ) | |||||||||||
Chinese Yuan Renminbi | 3,516 | 11/17/2010 | 530 | (3 | ) |
The notes to the financial statements are an integral part of this report. | ||
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(all amounts in thousands)
FORWARD FOREIGN CURRENCY CONTRACTS (continued): ☼ | ||||||||||||||||
Amount in U.S. | Net Unrealized | |||||||||||||||
Settlement | Dollars | Appreciation | ||||||||||||||
Currency | Bought (Sold) | Date | Bought (Sold) | (Depreciation) | ||||||||||||
Chinese Yuan Renminbi | 1,786 | 11/17/2010 | $ | 270 | $ | (2 | ) | |||||||||
Chinese Yuan Renminbi | (4,195 | ) | 11/17/2010 | (632 | ) | 3 | ||||||||||
Chinese Yuan Renminbi | 2,866 | 11/17/2010 | 433 | (3 | ) | |||||||||||
Chinese Yuan Renminbi | (10,270 | ) | 11/17/2010 | (1,537 | ) | (3 | ) | |||||||||
Chinese Yuan Renminbi | 1,793 | 11/17/2010 | 271 | (2 | ) | |||||||||||
Chinese Yuan Renminbi | 1,874 | 11/17/2010 | 283 | (2 | ) | |||||||||||
Chinese Yuan Renminbi | 896 | 11/23/2010 | 135 | (1 | ) | |||||||||||
Chinese Yuan Renminbi | 1,273 | 11/23/2010 | 192 | (1 | ) | |||||||||||
Chinese Yuan Renminbi | 4,179 | 01/10/2011 | 624 | 4 | ||||||||||||
Chinese Yuan Renminbi | 2,590 | 01/10/2011 | 390 | (1 | ) | |||||||||||
Chinese Yuan Renminbi | 6,030 | 01/10/2011 | 904 | 3 | ||||||||||||
Chinese Yuan Renminbi | 2,391 | 01/10/2011 | 360 | (1 | ) | |||||||||||
Chinese Yuan Renminbi | 1,726 | 01/10/2011 | 260 | (1 | ) | |||||||||||
Chinese Yuan Renminbi | 10,270 | 11/15/2011 | 1,581 | (7 | ) | |||||||||||
Chinese Yuan Renminbi | 1,708 | 11/15/2011 | 266 | (4 | ) | |||||||||||
Chinese Yuan Renminbi | 4,195 | 11/15/2011 | 653 | (10 | ) | |||||||||||
Euro | (447 | ) | 11/23/2010 | (602 | ) | (20 | ) | |||||||||
Euro | 2,437 | 11/23/2010 | 3,121 | 271 | ||||||||||||
Euro | (223 | ) | 11/23/2010 | (295 | ) | (15 | ) | |||||||||
Euro | 369 | 11/23/2010 | 514 | w | ||||||||||||
Euro | (299 | ) | 01/04/2011 | (398 | ) | (18 | ) | |||||||||
Euro | (11,987 | ) | 01/25/2011 | (16,667 | ) | 2 | ||||||||||
Indian Rupee | (5,000 | ) | 11/12/2010 | (113 | ) | w | ||||||||||
Indian Rupee | (9,560 | ) | 11/12/2010 | (215 | ) | w | ||||||||||
Indian Rupee | (8,700 | ) | 11/12/2010 | (195 | ) | w | ||||||||||
Indian Rupee | 23,260 | 11/12/2010 | 500 | 22 | ||||||||||||
Indian Rupee | 25,245 | 03/09/2011 | 560 | (5 | ) | |||||||||||
Indian Rupee | 5,937 | 03/09/2011 | 126 | 5 | ||||||||||||
Indian Rupee | 5,410 | 03/09/2011 | 120 | (1 | ) | |||||||||||
Indian Rupee | 9,560 | 03/09/2011 | 212 | (2 | ) | |||||||||||
Indian Rupee | 9,440 | 03/09/2011 | 210 | (2 | ) | |||||||||||
Indian Rupee | 9,955 | 03/09/2011 | 220 | (1 | ) | |||||||||||
Indian Rupee | 41,209 | 03/09/2011 | 874 | 32 | ||||||||||||
Indian Rupee | 32,774 | 03/09/2011 | 700 | 21 | ||||||||||||
Indian Rupee | 5,000 | 03/09/2011 | 111 | (1 | ) | |||||||||||
Indian Rupee | 29,713 | 03/09/2011 | 660 | (6 | ) | |||||||||||
Indian Rupee | 9,024 | 03/09/2011 | 200 | (2 | ) | |||||||||||
Indian Rupee | 14,873 | 03/09/2011 | 330 | (3 | ) | |||||||||||
Indian Rupee | 17,187 | 03/09/2011 | 380 | (2 | ) | |||||||||||
Indian Rupee | 4,986 | 03/09/2011 | 110 | w | ||||||||||||
Indian Rupee | 29,296 | 03/09/2011 | 650 | (6 | ) | |||||||||||
Indian Rupee | 10,339 | 03/09/2011 | 230 | (3 | ) | |||||||||||
Indian Rupee | 4,759 | 03/09/2011 | 105 | w | ||||||||||||
Indian Rupee | 8,700 | 03/09/2011 | 192 | (1 | ) | |||||||||||
Indian Rupee | 4,744 | 03/09/2011 | 105 | (1 | ) | |||||||||||
Indian Rupee | 32,760 | 03/09/2011 | 700 | 21 | ||||||||||||
Indonesian Rupiah | 8,815,999 | 10/31/2011 | 950 | (18 | ) | |||||||||||
Japanese Yen | 81,363 | 11/01/2010 | 1,000 | 11 | ||||||||||||
Japanese Yen | 305,726 | 11/01/2010 | 3,748 | 51 | ||||||||||||
Japanese Yen | (387,089 | ) | 11/01/2010 | (4,599 | ) | (210 | ) | |||||||||
Japanese Yen | 49,735 | 12/06/2010 | 610 | 8 | ||||||||||||
Japanese Yen | 61,230 | 12/06/2010 | 760 | 1 | ||||||||||||
Japanese Yen | 25,272 | 12/06/2010 | 310 | 4 | ||||||||||||
Japanese Yen | 24,461 | 12/06/2010 | 300 | 4 | ||||||||||||
Japanese Yen | (305,726 | ) | 12/06/2010 | (3,750 | ) | (51 | ) | |||||||||
Japanese Yen | 48,750 | 12/06/2010 | 600 | 6 | ||||||||||||
Japanese Yen | 97,371 | 12/06/2010 | 1,195 | 15 | ||||||||||||
Philippine Peso | 225 | 11/15/2010 | 5 | w | ||||||||||||
Philippine Peso | (8,000 | ) | 11/15/2010 | (186 | ) | w | ||||||||||
Philippine Peso | (10,343 | ) | 11/15/2010 | (239 | ) | (1 | ) | |||||||||
Philippine Peso | (112 | ) | 11/15/2010 | (2 | ) | w | ||||||||||
Philippine Peso | 35,216 | 11/15/2010 | 800 | 18 | ||||||||||||
Philippine Peso | (113 | ) | 11/15/2010 | (2 | ) | w | ||||||||||
Philippine Peso | (7,770 | ) | 11/15/2010 | (180 | ) | (1 | ) | |||||||||
Philippine Peso | 17,600 | 11/15/2010 | 400 | 9 | ||||||||||||
Philippine Peso | 26,436 | 11/15/2010 | 600 | 14 | ||||||||||||
Philippine Peso | (10,900 | ) | 11/15/2010 | (251 | ) | (2 | ) | |||||||||
Philippine Peso | (10,625 | ) | 11/15/2010 | (245 | ) | (2 | ) | |||||||||
Philippine Peso | 4,406 | 11/15/2010 | 100 | 2 | ||||||||||||
Philippine Peso | (10,300 | ) | 11/15/2010 | (237 | ) | (2 | ) | |||||||||
Philippine Peso | 5,048 | 02/07/2011 | 116 | 1 | ||||||||||||
Philippine Peso | 20,116 | 02/07/2011 | 460 | 4 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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(all amounts in thousands)
FORWARD FOREIGN CURRENCY CONTRACTS (continued): ☼ | ||||||||||||||||
Amount in U.S. | Net Unrealized | |||||||||||||||
Settlement | Dollars | Appreciation | ||||||||||||||
Currency | Bought (Sold) | Date | Bought (Sold) | (Depreciation) | ||||||||||||
Philippine Peso | 40,057 | 02/07/2011 | $ | 920 | $ | 5 | ||||||||||
Philippine Peso | 13,946 | 02/07/2011 | 320 | 2 | ||||||||||||
Philippine Peso | 3,310 | 02/07/2011 | 76 | w | ||||||||||||
Philippine Peso | 17,752 | 02/07/2011 | 408 | 2 | ||||||||||||
Philippine Peso | 21,230 | 06/15/2011 | 480 | 7 | ||||||||||||
Philippine Peso | 5,302 | 06/15/2011 | 120 | 2 | ||||||||||||
Philippine Peso | 10,900 | 06/15/2011 | 248 | 2 | ||||||||||||
Philippine Peso | 8,000 | 06/15/2011 | 184 | (1 | ) | |||||||||||
Philippine Peso | 10,625 | 06/15/2011 | 242 | 1 | ||||||||||||
Philippine Peso | 10,300 | 06/15/2011 | 234 | 2 | ||||||||||||
Philippine Peso | 7,770 | 06/15/2011 | 178 | 1 | ||||||||||||
Philippine Peso | 10,343 | 06/15/2011 | 236 | 1 | ||||||||||||
Philippine Peso | 39,375 | 06/15/2011 | 900 | 3 | ||||||||||||
Pound Sterling | (2,023 | ) | 12/20/2010 | (3,151 | ) | (89 | ) | |||||||||
Pound Sterling | 106 | 12/20/2010 | 168 | 2 | ||||||||||||
Republic of Korea Won | 93,555 | 11/12/2010 | 80 | 3 | ||||||||||||
Republic of Korea Won | 320,599 | 11/12/2010 | 272 | 13 | ||||||||||||
Republic of Korea Won | 235,280 | 11/12/2010 | 200 | 9 | ||||||||||||
Republic of Korea Won | 348,570 | 11/12/2010 | 300 | 10 | ||||||||||||
Republic of Korea Won | 129,800 | 11/12/2010 | 109 | 7 | ||||||||||||
Republic of Korea Won | (157,300 | ) | 11/12/2010 | (140 | ) | 1 | ||||||||||
Republic of Korea Won | 340,050 | 11/12/2010 | 300 | 2 | ||||||||||||
Republic of Korea Won | 368,200 | 11/12/2010 | 302 | 25 | ||||||||||||
Republic of Korea Won | 171,142 | 11/12/2010 | 146 | 6 | ||||||||||||
Republic of Korea Won | 175,950 | 11/12/2010 | 150 | 6 | ||||||||||||
Republic of Korea Won | 381,340 | 11/12/2010 | 321 | 18 | ||||||||||||
Republic of Korea Won | 808,510 | 11/12/2010 | 672 | 47 | ||||||||||||
Republic of Korea Won | 357,957 | 11/12/2010 | 310 | 8 | ||||||||||||
Republic of Korea Won | 348,780 | 11/12/2010 | 300 | 10 | ||||||||||||
Republic of Korea Won | 664,535 | 11/12/2010 | 580 | 11 | ||||||||||||
Republic of Korea Won | 362,654 | 11/12/2010 | 310 | 12 | ||||||||||||
Republic of Korea Won | 173,850 | 11/12/2010 | 150 | 5 | ||||||||||||
Republic of Korea Won | 439,292 | 11/12/2010 | 356 | 34 | ||||||||||||
Republic of Korea Won | (548,000 | ) | 11/12/2010 | (491 | ) | 4 | ||||||||||
Republic of Korea Won | (911,600 | ) | 11/12/2010 | (800 | ) | (10 | ) | |||||||||
Republic of Korea Won | 679,149 | 11/12/2010 | 590 | 14 | ||||||||||||
Republic of Korea Won | (683,600 | ) | 11/12/2010 | (604 | ) | (4 | ) | |||||||||
Republic of Korea Won | (375,000 | ) | 11/12/2010 | (336 | ) | 2 | ||||||||||
Republic of Korea Won | (608,500 | ) | 11/12/2010 | (540 | ) | (1 | ) | |||||||||
Republic of Korea Won | 235,640 | 11/12/2010 | 200 | 9 | ||||||||||||
Republic of Korea Won | 362,468 | 11/12/2010 | 310 | 12 | ||||||||||||
Republic of Korea Won | 361,956 | 11/12/2010 | 310 | 12 | ||||||||||||
Republic of Korea Won | (595,000 | ) | 11/12/2010 | (528 | ) | (1 | ) | |||||||||
Republic of Korea Won | (1,387,590 | ) | 11/12/2010 | (1,232 | ) | (2 | ) | |||||||||
Republic of Korea Won | (126,699 | ) | 11/12/2010 | (112 | ) | (1 | ) | |||||||||
Republic of Korea Won | 162,200 | 11/12/2010 | 137 | 7 | ||||||||||||
Republic of Korea Won | 88,563 | 11/12/2010 | 75 | 3 | ||||||||||||
Republic of Korea Won | 175,170 | 11/12/2010 | 150 | 6 | ||||||||||||
Republic of Korea Won | (2,095,919 | ) | 11/12/2010 | (1,872 | ) | 9 | ||||||||||
Republic of Korea Won | (296,000 | ) | 11/12/2010 | (265 | ) | 2 | ||||||||||
Republic of Korea Won | 515,835 | 01/19/2011 | 450 | 10 | ||||||||||||
Republic of Korea Won | 515,835 | 01/19/2011 | 450 | 10 | ||||||||||||
Republic of Korea Won | 559,200 | 01/19/2011 | 500 | (1 | ) | |||||||||||
Republic of Korea Won | 500,368 | 01/19/2011 | 440 | 6 | ||||||||||||
Republic of Korea Won | 1,036,125 | 01/19/2011 | 910 | 14 | ||||||||||||
Republic of Korea Won | 296,000 | 05/09/2011 | 264 | 2 | ||||||||||||
Republic of Korea Won | 372,405 | 05/09/2011 | 330 | 4 | ||||||||||||
Republic of Korea Won | 227,500 | 05/09/2011 | 200 | 4 | ||||||||||||
Republic of Korea Won | 595,000 | 05/09/2011 | 526 | 7 | ||||||||||||
Republic of Korea Won | 375,000 | 05/09/2011 | 335 | 1 | ||||||||||||
Republic of Korea Won | 113,820 | 05/09/2011 | 100 | 2 | ||||||||||||
Republic of Korea Won | 1,387,589 | 05/09/2011 | 1,225 | 19 | ||||||||||||
Republic of Korea Won | 157,300 | 05/09/2011 | 140 | 1 | ||||||||||||
Republic of Korea Won | 2,095,919 | 05/09/2011 | 1,862 | 17 | ||||||||||||
Republic of Korea Won | 608,500 | 05/09/2011 | 539 | 7 | ||||||||||||
Republic of Korea Won | 548,000 | 05/09/2011 | 489 | 3 | ||||||||||||
Republic of Korea Won | 754,420 | 05/09/2011 | 670 | 6 | ||||||||||||
Republic of Korea Won | 126,699 | 05/09/2011 | 112 | 2 | ||||||||||||
Republic of Korea Won | 227,300 | 05/09/2011 | 200 | 4 | ||||||||||||
Republic of Korea Won | 683,600 | 05/09/2011 | 603 | 10 | ||||||||||||
$ | 707 | |||||||||||||||
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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Table of Contents
At October 31, 2010
(all amounts in thousands)
* | Floating or variable rate note. Rate is listed as of 10/29/2010. | |
Ž | The security has a perpetual maturity. The date shown is the next call date. | |
∞ | Percentage rounds to less than 0.1%. | |
┌ | Contract amounts are not in thousands. | |
§ | Illiquid. At 10/31/2010, illiquid investment securities aggregated $3,871, or 0.46%, and illiquid derivatives aggregated to $452, or 0.05%, of the fund’s net assets. | |
w | Value and/or principal is less than $1. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
# | Aggregate cost for federal income tax purposes is $913,393. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $67,206 and $2,206, respectively. Net unrealized appreciation for tax purposes is $65,000. | |
• | All or a portion of this security in the amount of $16,986 have been segregated as collateral to cover the open BNP Paribas reverse repurchase agreement. | |
o | All or a portion of this security in the amount of $6,575 have been segregated as collateral to cover the open Credit Suisse First Boston Mortgage Securities Corp., reverse repurchase agreement. | |
(1) | If the fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | |
(2) | If the fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | |
(3) | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues or sovereign issues of an emerging country as of period end serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | |
(4) | The maximum potential amount the fund could be required to make as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | |
g | All or a portion of these securities in the amount of $414 and cash in the amount of $6, have been segregated as collateral with the broker to cover margin requirements for open futures contracts. | |
α | Cash, in the amount of $1,890, and a U.S. Treasury Bill, in the amount of $50, have been pledged as collateral with the custodian to cover open swap contracts. | |
☼ | Cash, in the amount of $1,410, has been pledged as collateral with the custodian to cover open currency contracts. |
144A | 144A Securities are registered pursuant to Rule 144A of the Securities Act of 1933. These securities are deemed to be liquid for purposes of compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At 10/31/2010, these securities aggregated $22,097, or 2.61%, of the fund’s net assets. | |
AUD | Australian Dollar | |
BOA | Bank of America | |
BP | Basis Point Spread | |
BPS | BNP Paribas | |
BRC | Barclays Bank PLC | |
BRL | Brazilian Real | |
CAD | Canadian Dollar | |
CBK | Citibank N.A. | |
CDI | Credit Default Index | |
CDX | A series of indices that track North American and emerging market credit derivative indices. | |
CPI | Consumer Price Index | |
DUB | Deutsche Bank AG | |
EUR | Euro | |
FRC | Fixed Rate Credit | |
GBP | Pound Sterling | |
GLM | Goldman Sachs Global Liquidity Management | |
GST | Goldman Sachs Trust | |
HUS | HSBC Bank USA | |
LIBOR | London Interbank Offered Rate | |
MLC | Merrill Lynch Capital Services | |
MYC | Morgan Stanley Capital Services | |
RPI | Retail Price Index | |
RYL | Royal Bank of Scotland PLC | |
UAG | UBS AG |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts in thousands)
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Asset-Backed Securities | $ | — | $ | 5,157 | $ | — | $ | 5,157 | ||||||||
Convertible Preferred Stocks | 400 | — | — | 400 | ||||||||||||
Corporate Debt Securities | — | 97,477 | — | 97,477 | ||||||||||||
Foreign Government Obligations | — | 21,960 | — | 21,960 | ||||||||||||
Mortgage-Backed Securities | — | 20,637 | — | 20,637 | ||||||||||||
Municipal Government Obligations | — | 1,300 | — | 1,300 | ||||||||||||
Preferred Corporate Debt Securities | — | 2,405 | — | 2,405 | ||||||||||||
U.S. Government Agency Obligations | — | 2,051 | — | 2,051 | ||||||||||||
U.S. Government Obligations | — | 827,006 | — | 827,006 | ||||||||||||
Total | $ | 400 | $ | 977,993 | $ | — | $ | 978,393 | ||||||||
Other Financial Instruments | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Written Options | $ | — | $ | (46 | ) | $ | — | $ | (46 | ) | ||||||
Written Swaptions | — | (1,608 | ) | — | (1,608 | ) | ||||||||||
Reverse Repurchase Agreement | — | (23,564 | ) | — | (23,564 | ) | ||||||||||
Total | $ | — | $ | (25,218 | ) | $ | — | $ | (25,218 | ) | ||||||
Other Financial Instruments* | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Futures Contracts — Appreciation | $ | 65 | $ | — | $ | — | $ | 65 | ||||||||
Interest Rate Swap — Appreciation | — | 1,347 | — | 1,347 | ||||||||||||
Interest Rate Swap — Depreciation | — | (158 | ) | — | (158 | ) | ||||||||||
Credit Default Swap — Appreciation | — | 1,393 | — | 1,393 | ||||||||||||
Credit Default Swap — Depreciation | — | (485 | ) | — | (485 | ) | ||||||||||
Forward Foreign Currency Contracts — Appreciation | — | 1,366 | — | 1,366 | ||||||||||||
Forward Foreign Currency Contracts — Depreciation | — | (659 | ) | — | (659 | ) | ||||||||||
Total | $ | 65 | $ | 2,804 | $ | — | $ | 2,869 | ||||||||
* | Other financial instruments are derivative instruments including, but not limited to, Futures Contracts, Forward Foreign Currency Contracts, and Swap Contracts that are valued at unrealized appreciation (depreciation) on the instrument. |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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(all amounts in thousands)
Principal | Value | |||||||||||||||||||||||
U.S. GOVERNMENT OBLIGATIONS - 24.6% | ||||||||||||||||||||||||
U.S. Treasury Bond | ||||||||||||||||||||||||
3.50%, 02/15/2039 | $ | 100 | $ | 92 | ||||||||||||||||||||
3.88%, 08/15/2040 ^ | 6,800 | 6,656 | ||||||||||||||||||||||
4.25%, 05/15/2039 | 7,800 | 8,141 | ||||||||||||||||||||||
4.38%, 02/15/2038 - 05/15/2040 | 14,000 | 14,913 | ||||||||||||||||||||||
6.25%, 08/15/2023 | 6,400 | 8,556 | ||||||||||||||||||||||
7.13%, 02/15/2023 | 3,600 | 5,133 | ||||||||||||||||||||||
7.25%, 08/15/2022 | 13,500 | 19,377 | ||||||||||||||||||||||
7.50%, 11/15/2024 | 1,400 | 2,087 | ||||||||||||||||||||||
7.63%, 02/15/2025 | 3,000 | 4,524 | ||||||||||||||||||||||
7.88%, 02/15/2021 | 5,600 | 8,230 | ||||||||||||||||||||||
8.13%, 05/15/2021 | 8,000 | 11,975 | ||||||||||||||||||||||
8.88%, 02/15/2019 ^ | 6,600 | 9,936 | ||||||||||||||||||||||
U.S. Treasury Inflation Indexed Note | ||||||||||||||||||||||||
1.25%, 07/15/2020 g α | 23,123 | 24,829 | ||||||||||||||||||||||
U.S. Treasury Note | ||||||||||||||||||||||||
2.50%, 04/30/2015 α | 14,600 | 15,555 | ||||||||||||||||||||||
2.63%, 07/31/2014 | 750 | 802 | ||||||||||||||||||||||
3.13%, 10/31/2016 | 12,700 | 13,835 | ||||||||||||||||||||||
3.25%, 12/31/2016 g | 8,700 | 9,524 | ||||||||||||||||||||||
Total U.S. Government Obligations (cost $154,294) | 164,165 | |||||||||||||||||||||||
U.S. GOVERNMENT AGENCY OBLIGATIONS - 38.9% | ||||||||||||||||||||||||
Fannie Mae | ||||||||||||||||||||||||
0.36%, 01/25/2021 * | 439 | 437 | ||||||||||||||||||||||
0.61%, 09/25/2042 * | 498 | 498 | ||||||||||||||||||||||
1.55%, 03/01/2044 - 10/01/2044 * | 1,860 | 1,867 | ||||||||||||||||||||||
2.41%, 09/01/2035 * | 866 | 899 | ||||||||||||||||||||||
2.42%, 07/01/2035 * | 549 | 570 | ||||||||||||||||||||||
2.56%, 01/01/2026 - 01/01/2028 * | 54 | 57 | ||||||||||||||||||||||
2.57%, 11/01/2033 * | 186 | 194 | ||||||||||||||||||||||
2.69%, 03/01/2034 * | 333 | 348 | ||||||||||||||||||||||
4.00%, 07/01/2024 - 10/01/2040 | 32,037 | 33,229 | ||||||||||||||||||||||
4.50%, 08/01/2039 - 07/01/2040 | 5,664 | 5,952 | ||||||||||||||||||||||
5.00%, 06/01/2013 - 01/01/2030 | 8,879 | 9,484 | ||||||||||||||||||||||
5.50%, 07/01/2016 - 03/01/2037 | 20,799 | 22,412 | ||||||||||||||||||||||
6.00%, 01/01/2038 - 09/01/2038 | 3,850 | 4,183 | ||||||||||||||||||||||
6.30%, 10/17/2038 | 977 | 1,116 | ||||||||||||||||||||||
Fannie Mae, IO | ||||||||||||||||||||||||
6.84%, 07/25/2034 * § | 2,180 | 341 | ||||||||||||||||||||||
Fannie Mae, TBA | ||||||||||||||||||||||||
4.00% | 76,000 | 78,354 | ||||||||||||||||||||||
4.50% | 76,000 | 79,869 | ||||||||||||||||||||||
5.50% | 1,000 | 1,083 | ||||||||||||||||||||||
Freddie Mac | ||||||||||||||||||||||||
1.57%, 10/25/2044 * | 484 | 489 | ||||||||||||||||||||||
1.77%, 07/25/2044 * | 499 | 501 | ||||||||||||||||||||||
2.48%, 11/01/2033 * | 191 | 199 | ||||||||||||||||||||||
2.50%, 03/01/2034 * | 188 | 196 | ||||||||||||||||||||||
2.60%, 03/01/2034 * | 223 | 232 | ||||||||||||||||||||||
4.23%, 09/01/2035 * | 55 | 57 | ||||||||||||||||||||||
4.50%, 06/15/2017 - 09/15/2018 | 1,519 | 1,560 | ||||||||||||||||||||||
4.67%, 09/01/2035 * | 842 | 886 | ||||||||||||||||||||||
5.00%, 02/15/2020 - 04/15/2030 | 2,267 | 2,348 | ||||||||||||||||||||||
5.11%, 01/01/2036 * | 3,268 | 3,404 | ||||||||||||||||||||||
5.50%, 03/15/2017 | 68 | 70 | ||||||||||||||||||||||
6.50%, 04/15/2029 - 07/25/2043 | 31 | 35 | ||||||||||||||||||||||
Freddie Mac, TBA | ||||||||||||||||||||||||
4.00% | 5,000 | 5,129 | ||||||||||||||||||||||
Ginnie Mae, IO | ||||||||||||||||||||||||
6.30%, 04/16/2033 - 10/16/2033 * § | 1,906 | 339 | ||||||||||||||||||||||
6.34%, 08/16/2033 - 09/20/2034 * § | 4,258 | 719 | ||||||||||||||||||||||
Ginnie Mae | ||||||||||||||||||||||||
3.38%, 05/20/2024 * | 54 | 56 | ||||||||||||||||||||||
6.50%, 06/20/2032 | 32 | 34 | ||||||||||||||||||||||
Overseas Private Investment Corp. | ||||||||||||||||||||||||
Zero Coupon, 12/10/2012 | 2,600 | 2,748 | ||||||||||||||||||||||
Small Business Administration | ||||||||||||||||||||||||
4.50%, 02/01/2014 | 60 | 63 | ||||||||||||||||||||||
Total U.S. Government Agency Obligations (cost $255,739) | 259,958 | |||||||||||||||||||||||
FOREIGN GOVERNMENT OBLIGATIONS - 4.8% | ||||||||||||||||||||||||
Australia Government Bond | ||||||||||||||||||||||||
4.75%, 06/15/2016 | AUD | 12,900 | 12,440 | |||||||||||||||||||||
6.00%, 02/15/2017 | AUD | 4,000 | 4,102 | |||||||||||||||||||||
Canadian Government Bond | ||||||||||||||||||||||||
1.50%, 03/01/2012 | CAD | 8,100 | 7,965 | |||||||||||||||||||||
Export-Import Bank of Korea | ||||||||||||||||||||||||
0.51%, 10/04/2011 - 144A * | $ | 2,500 | 2,502 | |||||||||||||||||||||
8.13%, 01/21/2014 | 3,300 | 3,880 | ||||||||||||||||||||||
Korea Expressway Corp. | ||||||||||||||||||||||||
5.13%, 05/20/2015 - 144A | 200 | 217 | ||||||||||||||||||||||
Republic of Brazil | ||||||||||||||||||||||||
10.25%, 01/10/2028 ^ | BRL | 1,000 | 637 | |||||||||||||||||||||
Total Foreign Government Obligations (cost $29,617) | 31,743 | |||||||||||||||||||||||
MORTGAGE-BACKED SECURITIES - 6.9% | ||||||||||||||||||||||||
American Home Mortgage Assets | ||||||||||||||||||||||||
Series 2006-2, Class 2A1 | ||||||||||||||||||||||||
0.45%, 09/25/2046 * | $ | 1,036 | 547 | |||||||||||||||||||||
Series 2006-4, Class 1A12 | ||||||||||||||||||||||||
0.47%, 10/25/2046 * | 2,330 | 1,206 | ||||||||||||||||||||||
Banc of America Commercial Mortgage, Inc. | ||||||||||||||||||||||||
Series 2007- 1, Class A4 | ||||||||||||||||||||||||
5.45%, 01/15/2049 | 200 | 211 | ||||||||||||||||||||||
Banc of America Funding Corp. | ||||||||||||||||||||||||
Series 2005-D, Class A1 | ||||||||||||||||||||||||
2.89%, 05/25/2035 * | 1,054 | 1,028 | ||||||||||||||||||||||
Series 2006-J, Class 4A1 | ||||||||||||||||||||||||
5.92%, 01/20/2047 * | 131 | 97 | ||||||||||||||||||||||
Bear Stearns Adjustable Rate Mortgage Trust | ||||||||||||||||||||||||
Series 2003-5, Class 2A1 | ||||||||||||||||||||||||
2.77%, 08/25/2033 * | 865 | 844 | ||||||||||||||||||||||
Series 2003-8, Class 2A1 | ||||||||||||||||||||||||
3.53%, 01/25/2034 * | 19 | 19 | ||||||||||||||||||||||
Series 2003-8, Class 4A1 | ||||||||||||||||||||||||
3.58%, 01/25/2034 * | 146 | 141 | ||||||||||||||||||||||
Series 2005-2, Class A2 | ||||||||||||||||||||||||
2.93%, 03/25/2035 * | 710 | 680 | ||||||||||||||||||||||
Series 2005-5, Class A2 | ||||||||||||||||||||||||
2.40%, 08/25/2035 * | 305 | 288 | ||||||||||||||||||||||
Series 2005-7, Class 22A1 | ||||||||||||||||||||||||
2.99%, 09/25/2035 * | 322 | 246 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 191
Table of Contents
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||||||||||||||||||
MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||||||||||||||
Bear Stearns Adjustable Rate Mortgage Trust (continued) | ||||||||||||||||||||||||
Series 2006-6, Class 32A1 | ||||||||||||||||||||||||
5.35%, 11/25/2036 * | $ | 372 | $ | 232 | ||||||||||||||||||||
Bear Stearns Structured Products, Inc. | ||||||||||||||||||||||||
Series 2007-R6, Class 1A1 | ||||||||||||||||||||||||
4.02%, 01/26/2036 * | 325 | 224 | ||||||||||||||||||||||
CC Mortgage Funding Corp. | ||||||||||||||||||||||||
Series 2004-3A, Class A1 | ||||||||||||||||||||||||
0.51%, 08/25/2035 - 144A * | 252 | 155 | ||||||||||||||||||||||
Citigroup Mortgage Loan Trust, Inc. | ||||||||||||||||||||||||
Series 2005-6, Class A2 | ||||||||||||||||||||||||
2.56%, 08/25/2035 * | 363 | 326 | ||||||||||||||||||||||
Series 2007-10, Class 22AA | ||||||||||||||||||||||||
5.85%, 09/25/2037 * | 2,389 | 1,780 | ||||||||||||||||||||||
Citigroup/Deutsche Bank Commercial Mortgage Trust | ||||||||||||||||||||||||
Series 2006-CD3, Class A5 | ||||||||||||||||||||||||
5.62%, 10/15/2048 | 330 | 357 | ||||||||||||||||||||||
Series 2007-CD5, Class A4 | ||||||||||||||||||||||||
5.89%, 11/15/2044 * | 200 | 216 | ||||||||||||||||||||||
Countrywide Alternative Loan Trust | ||||||||||||||||||||||||
Series 2003-J1, Class 4A1 | ||||||||||||||||||||||||
6.00%, 10/25/2032 | 3 | 3 | ||||||||||||||||||||||
Series 2005-81, Class A1 | ||||||||||||||||||||||||
0.54%, 02/25/2037 * | 688 | 390 | ||||||||||||||||||||||
Series 2006-30T1, Class 1A3 | ||||||||||||||||||||||||
6.25%, 11/25/2036 | 529 | 362 | ||||||||||||||||||||||
Series 2006-J8, Class A2 | ||||||||||||||||||||||||
6.00%, 02/25/2037 | 444 | 330 | ||||||||||||||||||||||
Series 2006-OA17, Class 1A1A | ||||||||||||||||||||||||
0.45%, 12/20/2046 * | 2,660 | 1,299 | ||||||||||||||||||||||
Series 2007-2CB, Class 1A13 | ||||||||||||||||||||||||
5.75%, 03/25/2037 * | 700 | 493 | ||||||||||||||||||||||
Series 2007-HY4, Class 1A1 | ||||||||||||||||||||||||
3.83%, 06/25/2037 * | 1,189 | 880 | ||||||||||||||||||||||
Series 2007-OA6, Class A1B | ||||||||||||||||||||||||
0.46%, 06/25/2037 * | 1,260 | 696 | ||||||||||||||||||||||
Countrywide Home Loan Mortgage Pass-Through Trust | ||||||||||||||||||||||||
Series 2002-30, Class M | ||||||||||||||||||||||||
3.18%, 10/19/2032 * | 16 | 12 | ||||||||||||||||||||||
Series 2004-12, Class 12A1 | ||||||||||||||||||||||||
2.95%, 08/25/2034 * | 500 | 416 | ||||||||||||||||||||||
Series 2004-R1, Class 2A | ||||||||||||||||||||||||
6.50%, 11/25/2034 - 144A | 626 | 626 | ||||||||||||||||||||||
Series 2005-R2, Class 1AF1 | ||||||||||||||||||||||||
0.60%, 06/25/2035 - 144A * | 1,743 | 1,499 | ||||||||||||||||||||||
Credit Suisse First Boston Mortgage Securities Corp. | ||||||||||||||||||||||||
Series 2002-P1A, Class A | ||||||||||||||||||||||||
0.93%, 03/25/2032 - 144A * | 1 | 1 | ||||||||||||||||||||||
Series 2003-AR15, Class 2A1 | ||||||||||||||||||||||||
2.52%, 06/25/2033 * | 1,023 | 993 | ||||||||||||||||||||||
Deutsche ALT-A Securities, Inc., Alternate Loan Trust | ||||||||||||||||||||||||
Series 2005-6, Class 2A3 | ||||||||||||||||||||||||
5.50%, 12/25/2035 | 900 | 673 | ||||||||||||||||||||||
First Horizon Alternative Mortgage Securities | ||||||||||||||||||||||||
Series 2007-FA4, Class 1A8 | ||||||||||||||||||||||||
6.25%, 08/25/2037 | 448 | 329 | ||||||||||||||||||||||
First Horizon Asset Securities, Inc. | ||||||||||||||||||||||||
Series 2005-AR3, Class 2A1 | ||||||||||||||||||||||||
2.92%, 08/25/2035 * | 84 | 81 | ||||||||||||||||||||||
GS Mortgage Securities Corp. II | ||||||||||||||||||||||||
Series 2007-EOP, Class A1 | ||||||||||||||||||||||||
0.34%, 03/06/2020 - 144A * | 787 | 764 | ||||||||||||||||||||||
GSR Mortgage Loan Trust | ||||||||||||||||||||||||
Series 2005-AR6, Class 2A1 | ||||||||||||||||||||||||
2.89%, 09/25/2035 * | 156 | 150 | ||||||||||||||||||||||
Harborview Mortgage Loan Trust | ||||||||||||||||||||||||
Series 2006-1, Class 2A1A | ||||||||||||||||||||||||
0.50%, 03/19/2036 * | 1,791 | 1,030 | ||||||||||||||||||||||
Series 2006-12, Class 2A2A | ||||||||||||||||||||||||
0.45%, 01/19/2038 * | 1,186 | 764 | ||||||||||||||||||||||
Series 2006-6, Class 5A1A | ||||||||||||||||||||||||
5.56%, 08/19/2036 * | 719 | 603 | ||||||||||||||||||||||
Series 2007-1, Class 2A1A | ||||||||||||||||||||||||
0.39%, 04/19/2038 * | 1,255 | 747 | ||||||||||||||||||||||
IndyMac Index Mortgage Loan Trust | ||||||||||||||||||||||||
Series 2004-AR11, Class 2A | ||||||||||||||||||||||||
2.76%, 12/25/2034 * | 50 | 38 | ||||||||||||||||||||||
JPMorgan Mortgage Trust | ||||||||||||||||||||||||
Series 2005-A1, Class 6T1 | ||||||||||||||||||||||||
5.02%, 02/25/2035 * | 237 | 242 | ||||||||||||||||||||||
Series 2007-A1, Class 5A5 | ||||||||||||||||||||||||
3.24%, 07/25/2035 * | 916 | 900 | ||||||||||||||||||||||
LB-UBS Commercial Mortgage Trust | ||||||||||||||||||||||||
Series 2007-C7, Class A3 | ||||||||||||||||||||||||
5.87%, 09/15/2045 * | 1,900 | 2,035 | ||||||||||||||||||||||
Luminent Mortgage Trust | ||||||||||||||||||||||||
Series 2006-6, Class 2A1 | ||||||||||||||||||||||||
0.46%, 10/25/2046 * | 723 | 459 | ||||||||||||||||||||||
MASTR Alternative Loans Trust | ||||||||||||||||||||||||
Series 2006-2, Class 2A1 | ||||||||||||||||||||||||
0.66%, 03/25/2036 * | 162 | 64 | ||||||||||||||||||||||
Mellon Residential Funding Corp. | ||||||||||||||||||||||||
Series 2000-TBC3, Class A1 | ||||||||||||||||||||||||
0.70%, 12/15/2030 * | 405 | 381 | ||||||||||||||||||||||
MLCC Mortgage Investors, Inc. | ||||||||||||||||||||||||
Series 2005-2, Class 3A | ||||||||||||||||||||||||
1.26%, 10/25/2035 * | 44 | 38 | ||||||||||||||||||||||
Series 2005-3, Class 4A | ||||||||||||||||||||||||
0.51%, 11/25/2035 * | 46 | 38 | ||||||||||||||||||||||
Series 2005-A10, Class A | ||||||||||||||||||||||||
0.47%, 02/25/2036 * | 193 | 146 | ||||||||||||||||||||||
Morgan Stanley Capital I | ||||||||||||||||||||||||
Series 2007-IQ15, Class A4 | ||||||||||||||||||||||||
5.88%, 06/11/2049 * | 100 | 106 | ||||||||||||||||||||||
Series 2007-XLFA, Class A1 | ||||||||||||||||||||||||
0.32%, 10/15/2020 - 144A * | 679 | 627 | ||||||||||||||||||||||
Residential Accredit Loans, Inc. | ||||||||||||||||||||||||
Series 2006-QO3, Class A1 | ||||||||||||||||||||||||
0.47%, 04/25/2046 * | 544 | 222 | ||||||||||||||||||||||
Series 2006-QO6, Class A1 | ||||||||||||||||||||||||
0.44%, 06/25/2046 * | 353 | 145 | ||||||||||||||||||||||
Residential Asset Securitization Trust | ||||||||||||||||||||||||
Series 2006-R1, Class A2 | ||||||||||||||||||||||||
0.66%, 01/25/2046 * | 357 | 160 | ||||||||||||||||||||||
Residential Funding Mortgage Securities I | ||||||||||||||||||||||||
Series 2003-S9, Class A1 | ||||||||||||||||||||||||
6.50%, 03/25/2032 | 3 | 3 | ||||||||||||||||||||||
RMAC Securities PLC | ||||||||||||||||||||||||
Series 2007-NS1X, Class A2B | ||||||||||||||||||||||||
0.44%, 06/12/2044 * | 3,800 | 2,979 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 192
Table of Contents
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||||||||||||||||||
MORTGAGE-BACKED SECURITIES (continued) | ||||||||||||||||||||||||
Sequoia Mortgage Trust | ||||||||||||||||||||||||
Series 10, Class 2A1 | ||||||||||||||||||||||||
0.64%, 10/20/2027 * | $ | 51 | $ | 46 | ||||||||||||||||||||
Series 2007-1, Class 1A1 | ||||||||||||||||||||||||
2.57%, 01/20/2047 * | 758 | 618 | ||||||||||||||||||||||
Structured Adjustable Rate Mortgage Loan Trust | ||||||||||||||||||||||||
Series 2004-19, Class 2A1 | ||||||||||||||||||||||||
1.74%, 01/25/2035 * | 221 | 121 | ||||||||||||||||||||||
Structured Asset Mortgage Investments, Inc. | ||||||||||||||||||||||||
Series 2002-AR3, Class A1 | ||||||||||||||||||||||||
0.92%, 09/19/2032 * | 23 | 20 | ||||||||||||||||||||||
Series 2005-AR5, Class A1 | ||||||||||||||||||||||||
0.51%, 07/19/2035 * | 40 | 26 | ||||||||||||||||||||||
Series 2005-AR5, Class A2 | ||||||||||||||||||||||||
0.51%, 07/19/2035 * | 72 | 62 | ||||||||||||||||||||||
Series 2005-AR5, Class A3 | ||||||||||||||||||||||||
0.51%, 07/19/2035 * | 141 | 130 | ||||||||||||||||||||||
Series 2005-AR8, Class A1A | ||||||||||||||||||||||||
0.54%, 02/25/2036 * | 609 | 372 | ||||||||||||||||||||||
Series 2006-AR3, Class 12A1 | ||||||||||||||||||||||||
0.48%, 05/25/2036 * | 705 | 395 | ||||||||||||||||||||||
Series 2006-AR6, Class 2A1 | ||||||||||||||||||||||||
0.45%, 07/25/2046 * | 2,519 | 1,503 | ||||||||||||||||||||||
Structured Asset Securities Corp. | ||||||||||||||||||||||||
Series 2003-22A, Class 2A1 | ||||||||||||||||||||||||
2.49%, 06/25/2033 * | 1,152 | 1,082 | ||||||||||||||||||||||
TBW Mortgage Backed Pass-Through Certificates | ||||||||||||||||||||||||
Series 2006-6, Class A1 | ||||||||||||||||||||||||
0.37%, 01/25/2037 * | 62 | 61 | ||||||||||||||||||||||
Thornburg Mortgage Securities Trust | ||||||||||||||||||||||||
Series 2006-6, Class A1 | ||||||||||||||||||||||||
0.37%, 11/25/2046 * | 597 | 582 | ||||||||||||||||||||||
Wachovia Bank Commercial Mortgage Trust | ||||||||||||||||||||||||
Series 2006-WL7A, Class A1 | ||||||||||||||||||||||||
0.35%, 09/15/2021 - 144A * | 1,022 | 947 | ||||||||||||||||||||||
WaMu Mortgage Pass-Through Certificates, IO | ||||||||||||||||||||||||
Series 2003-R1, Class X | ||||||||||||||||||||||||
0.00%, 12/25/2027 - 144A * Ә | 821 | 45 | ||||||||||||||||||||||
WaMu Mortgage Pass-Through Certificates | ||||||||||||||||||||||||
Series 2002-AR2, Class A | ||||||||||||||||||||||||
2.96%, 02/27/2034 * | 23 | 23 | ||||||||||||||||||||||
Series 2002-AR9, Class 1A | ||||||||||||||||||||||||
1.75%, 08/25/2042 * | 12 | 10 | ||||||||||||||||||||||
Series 2003-AR5, Class A7 | ||||||||||||||||||||||||
2.70%, 06/25/2033 * | 781 | 748 | ||||||||||||||||||||||
Series 2003-AR9, Class 2A | ||||||||||||||||||||||||
2.78%, 09/25/2033 * | 1,446 | 1,460 | ||||||||||||||||||||||
Series 2003-R1, Class A1 | ||||||||||||||||||||||||
0.80%, 12/25/2027 * | 807 | 710 | ||||||||||||||||||||||
Series 2005-AR11, Class A1A | ||||||||||||||||||||||||
0.58%, 08/25/2045 * | 650 | 546 | ||||||||||||||||||||||
Series 2006-AR19, Class 1A | ||||||||||||||||||||||||
1.09%, 01/25/2047 * | 1,180 | 685 | ||||||||||||||||||||||
Series 2006-AR19, Class 1A1A | ||||||||||||||||||||||||
1.08%, 01/25/2047 * | 1,004 | 638 | ||||||||||||||||||||||
Series 2006-AR9, Class 2A | ||||||||||||||||||||||||
3.21%, 08/25/2046 * | 656 | 477 | ||||||||||||||||||||||
Series 2007-HY1, Class 4A1 | ||||||||||||||||||||||||
5.13%, 02/25/2037 * | 2,399 | 1,802 | ||||||||||||||||||||||
Series 2007-OA1, Class A1A | ||||||||||||||||||||||||
1.05%, 02/25/2047 * | 2,519 | 1,465 | ||||||||||||||||||||||
Wells Fargo Mortgage Backed Securities Trust | ||||||||||||||||||||||||
Series 2003-13, Class A5 | ||||||||||||||||||||||||
4.50%, 11/25/2018 | 300 | 306 | ||||||||||||||||||||||
Series 2004-CC, Class A1 | ||||||||||||||||||||||||
4.91%, 01/25/2035 * | 302 | 294 | ||||||||||||||||||||||
Series 2006-AR4, Class 2A6 | ||||||||||||||||||||||||
5.67%, 04/25/2036 * | 281 | 107 | ||||||||||||||||||||||
Series 2006-AR8, Class 2A4 | ||||||||||||||||||||||||
2.91%, 04/25/2036 * | 768 | 731 | ||||||||||||||||||||||
Total Mortgage-Backed Securities (cost $52,180) | 46,333 | |||||||||||||||||||||||
ASSET-BACKED SECURITIES - 1.9% | ||||||||||||||||||||||||
Accredited Mortgage Loan Trust | ||||||||||||||||||||||||
Series 2007-1, Class A1 | ||||||||||||||||||||||||
0.31%, 02/25/2037 * | 68 | 68 | ||||||||||||||||||||||
ACE Securities Corp. | ||||||||||||||||||||||||
Series 2006-NC3, Class A2A | ||||||||||||||||||||||||
0.31%, 12/25/2036 * | 112 | 107 | ||||||||||||||||||||||
Amortizing Residential Collateral Trust | ||||||||||||||||||||||||
Series 2002-BC4, Class A | ||||||||||||||||||||||||
0.84%, 07/25/2032 * | 4 | 3 | ||||||||||||||||||||||
Asset Backed Funding Certificates | ||||||||||||||||||||||||
Series 2004-OPT5, Class A1 | ||||||||||||||||||||||||
0.61%, 06/25/2034 * | 406 | 328 | ||||||||||||||||||||||
Series 2006-HE1, Class A2A | ||||||||||||||||||||||||
0.32%, 01/25/2037 * | 89 | 88 | ||||||||||||||||||||||
Aurum CLO, Ltd. | ||||||||||||||||||||||||
Series 2002-1A, Class A1 | ||||||||||||||||||||||||
0.72%, 04/15/2014 - 144A * | 351 | 341 | ||||||||||||||||||||||
Bear Stearns Asset Backed Securities Trust | ||||||||||||||||||||||||
Series 2002-2, Class A1 | ||||||||||||||||||||||||
0.92%, 10/25/2032 * | 17 | 16 | ||||||||||||||||||||||
Series 2006-SD4, Class 1A1 | ||||||||||||||||||||||||
3.23%, 10/25/2036 * | 882 | 666 | ||||||||||||||||||||||
Series 2007-AQ1, Class A1 | ||||||||||||||||||||||||
0.37%, 11/25/2036 * | 936 | 633 | ||||||||||||||||||||||
Carrington Mortgage Loan Trust | ||||||||||||||||||||||||
Series 2006-NC4, Class A1 | ||||||||||||||||||||||||
0.31%, 10/25/2036 * | 78 | 77 | ||||||||||||||||||||||
Citigroup Mortgage Loan Trust, Inc. | ||||||||||||||||||||||||
Series 2006-WFH3, Class A2 | ||||||||||||||||||||||||
0.36%, 10/25/2036 * | 152 | 152 | ||||||||||||||||||||||
Series 2007-AHL1, Class A2A | ||||||||||||||||||||||||
0.30%, 12/25/2036 * | 436 | 419 | ||||||||||||||||||||||
Countrywide Asset-Backed Certificates | ||||||||||||||||||||||||
Series 2006-23, Class 2A1 | ||||||||||||||||||||||||
0.31%, 05/25/2037 * | 146 | 145 | ||||||||||||||||||||||
Series 2006-26, Class 2A1 | ||||||||||||||||||||||||
0.34%, 06/25/2037 * | 116 | 115 | ||||||||||||||||||||||
Series 2006-SD1, Class A1 | ||||||||||||||||||||||||
0.42%, 02/25/2036 - 144A * | 12 | 11 | ||||||||||||||||||||||
Series 2007-1, Class 2A1 | ||||||||||||||||||||||||
0.31%, 07/25/2037 * | 520 | 504 | ||||||||||||||||||||||
Series 2007-7, Class 2A1 | ||||||||||||||||||||||||
0.34%, 10/25/2047 * | 78 | 76 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 193
Table of Contents
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||||||||||||||||||
ASSET-BACKED SECURITIES (continued) | ||||||||||||||||||||||||
Credit-Based Asset Servicing and Securitization LLC | ||||||||||||||||||||||||
Series 2007-CB1, Class AF1A | ||||||||||||||||||||||||
0.33%, 01/25/2037 * | $ | 480 | $ | 193 | ||||||||||||||||||||
First Franklin Mortgage Loan Asset Backed | ||||||||||||||||||||||||
Certificates | ||||||||||||||||||||||||
Series 2005-FF1, Class A2C | ||||||||||||||||||||||||
0.63%, 12/25/2034 * | 15 | 15 | ||||||||||||||||||||||
Fremont Home Loan Trust | ||||||||||||||||||||||||
Series 2006-E, Class 2A1 | ||||||||||||||||||||||||
0.32%, 01/25/2037 * | 188 | 169 | ||||||||||||||||||||||
Gazprom Via Gaz Capital SA | ||||||||||||||||||||||||
8.15%, 04/11/2018 - 144A | 1,000 | 1,156 | ||||||||||||||||||||||
Series 2 | ||||||||||||||||||||||||
8.63%, 04/28/2034 | 1,500 | 1,859 | ||||||||||||||||||||||
Harbourmaster CLO, Ltd. | ||||||||||||||||||||||||
Series 5A, Class A1 | ||||||||||||||||||||||||
1.14%, 06/15/2020 - 144A * | 987 | 1,268 | ||||||||||||||||||||||
Home Equity Asset Trust | ||||||||||||||||||||||||
Series 2002-1, Class A4 | ||||||||||||||||||||||||
0.86%, 11/25/2032 * | 1 | 1 | ||||||||||||||||||||||
JPMorgan Mortgage Acquisition Corp. | ||||||||||||||||||||||||
Series 2007-CH3, Class A5 | ||||||||||||||||||||||||
0.52%, 03/25/2037 * | 3,500 | 1,562 | ||||||||||||||||||||||
Mid-State Trust | ||||||||||||||||||||||||
Series 4, Class A | ||||||||||||||||||||||||
8.33%, 04/01/2030 | 213 | 220 | ||||||||||||||||||||||
Morgan Stanley ABS Capital I | ||||||||||||||||||||||||
Series 2007-NC1, Class A2A | ||||||||||||||||||||||||
0.31%, 11/25/2036 * | 6 | 6 | ||||||||||||||||||||||
Morgan Stanley Home Equity Loans | ||||||||||||||||||||||||
Series 2007-1, Class A1 | ||||||||||||||||||||||||
0.31%, 12/25/2036 * | 351 | 342 | ||||||||||||||||||||||
Morgan Stanley Mortgage Loan Trust | ||||||||||||||||||||||||
Series 2007-10XS, Class A1 | ||||||||||||||||||||||||
6.00%, 07/25/2047 * | 427 | 329 | ||||||||||||||||||||||
Series 2007-3XS, Class 2A1A | ||||||||||||||||||||||||
0.33%, 01/25/2047 * | 298 | 272 | ||||||||||||||||||||||
Series 2007-8XS, Class A1 | ||||||||||||||||||||||||
5.75%, 04/25/2037 * | 431 | 332 | ||||||||||||||||||||||
Nationstar Home Equity Loan Trust | ||||||||||||||||||||||||
Series 2007-A, Class AV1 | ||||||||||||||||||||||||
0.32%, 03/25/2037 * | 32 | 32 | ||||||||||||||||||||||
New Century Home Equity Loan Trust | ||||||||||||||||||||||||
Series 2006-1, Class A2B | ||||||||||||||||||||||||
0.44%, 05/25/2036 * | 191 | 135 | ||||||||||||||||||||||
Park Place Securities, Inc. | ||||||||||||||||||||||||
Series 2005-WCW1, Class A1B | ||||||||||||||||||||||||
0.52%, 09/25/2035 * | 77 | 70 | ||||||||||||||||||||||
Residential Asset Securities Corp. | ||||||||||||||||||||||||
Series 2007-KS2, Class AI1 | ||||||||||||||||||||||||
0.33%, 02/25/2037 * | 262 | 256 | ||||||||||||||||||||||
SBI Heloc Trust | ||||||||||||||||||||||||
Series 2006-1A, Class 1A2A | ||||||||||||||||||||||||
0.43%, 08/25/2036 - 144A * | 2 | 2 | ||||||||||||||||||||||
Securitized Asset Backed Receivables LLC Trust | ||||||||||||||||||||||||
Series 2007-HE1, Class A2A | ||||||||||||||||||||||||
0.32%, 12/25/2036 * | 87 | 34 | ||||||||||||||||||||||
Small Business Administration Participation Certificates | ||||||||||||||||||||||||
Series 2003-20I, Class 1 | ||||||||||||||||||||||||
5.13%, 09/01/2023 | 49 | 53 | ||||||||||||||||||||||
Series 2004-20C, Class 1 | ||||||||||||||||||||||||
4.34%, 03/01/2024 | 316 | 339 | ||||||||||||||||||||||
Structured Asset Securities Corp. | ||||||||||||||||||||||||
Series 2002-HF1, Class A | ||||||||||||||||||||||||
0.55%, 01/25/2033 * | 3 | 3 | ||||||||||||||||||||||
Series 2006-BC3, Class A2 | ||||||||||||||||||||||||
0.31%, 10/25/2036 * | 61 | 61 | ||||||||||||||||||||||
Series 2006-BC6, Class A2 | ||||||||||||||||||||||||
0.34%, 01/25/2037 * | 224 | 218 | ||||||||||||||||||||||
Total Asset-Backed Securities (cost $12,918) | 12,676 | |||||||||||||||||||||||
MUNICIPAL GOVERNMENT OBLIGATIONS - 5.6% | ||||||||||||||||||||||||
Buckeye Tobacco Settlement Financing Authority | ||||||||||||||||||||||||
5.88%, 06/01/2047 | 600 | 457 | ||||||||||||||||||||||
Chicago Board of Education -Class A | ||||||||||||||||||||||||
5.00%, 12/01/2012 | 255 | 276 | ||||||||||||||||||||||
Chicago Transit Authority -Class B | ||||||||||||||||||||||||
6.90%, 12/01/2040 | 2,700 | 2,811 | ||||||||||||||||||||||
Chicago Transit Authority -Class A | ||||||||||||||||||||||||
6.90%, 12/01/2040 | 4,900 | 5,102 | ||||||||||||||||||||||
City of Chicago, IL | ||||||||||||||||||||||||
4.75%, 01/01/2036 | 6,930 | 6,971 | ||||||||||||||||||||||
Kentucky State Property & Building Commission | ||||||||||||||||||||||||
5.37%, 11/01/2025 | 100 | 100 | ||||||||||||||||||||||
Los Angeles Unified School District — Class A | ||||||||||||||||||||||||
4.50%, 01/01/2028 | 1,200 | 1,190 | ||||||||||||||||||||||
New York City Transitional Finance Authority | ||||||||||||||||||||||||
4.73%, 11/01/2023 | 100 | 101 | ||||||||||||||||||||||
State of California | ||||||||||||||||||||||||
5.65%, 04/01/2039 | 5,900 | 6,360 | ||||||||||||||||||||||
7.55%, 04/01/2039 | 700 | 734 | ||||||||||||||||||||||
State of California — Build America Bonds | ||||||||||||||||||||||||
7.50%, 04/01/2034 | 300 | 314 | ||||||||||||||||||||||
State of Illinois | ||||||||||||||||||||||||
1.82%, 01/01/2011 | 2,300 | 2,303 | ||||||||||||||||||||||
2.77%, 01/01/2012 | 8,100 | 8,156 | ||||||||||||||||||||||
Tobacco Settlement Financing Corp. | ||||||||||||||||||||||||
5.25%, 06/01/2019 | 100 | 103 | ||||||||||||||||||||||
5.50%, 06/01/2026 | 200 | 224 | ||||||||||||||||||||||
5.88%, 05/15/2039 | 40 | 40 | ||||||||||||||||||||||
Tobacco Settlement Financing Corp. -Series A | ||||||||||||||||||||||||
7.47%, 06/01/2047 | 1,140 | 889 | ||||||||||||||||||||||
Tobacco Settlement Financing Corp. -Series 1A | ||||||||||||||||||||||||
5.00%, 06/01/2041 | 1,400 | 1,004 | ||||||||||||||||||||||
Total Municipal Government Obligations (cost $36,069) | 37,135 | |||||||||||||||||||||||
PREFERRED CORPORATE DEBT SECURITIES - 1.8% | ||||||||||||||||||||||||
Commercial Banks - 1.8% | ||||||||||||||||||||||||
Barclays Bank PLC | ||||||||||||||||||||||||
7.43%, 12/15/2017 - 144A * ž | 900 | 914 | ||||||||||||||||||||||
HSBC Capital Funding, LP | ||||||||||||||||||||||||
10.18%, 06/30/2030 - 144A * ž | 150 | 197 | ||||||||||||||||||||||
Lloyds TSB Bank PLC | ||||||||||||||||||||||||
12.00%, 12/16/2024 - 144A * ž | 5,300 | 5,988 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 194
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(all amounts in thousands)
Principal | Value | |||||||||||||||||||||||
PREFERRED CORPORATE DEBT SECURITIES (continued) | ||||||||||||||||||||||||
Rabobank Nederland NV | ||||||||||||||||||||||||
Series U | ||||||||||||||||||||||||
11.00%, 06/30/2019 - 144A * ž | $ | 378 | $ | 505 | ||||||||||||||||||||
Royal Bank of Scotland Group PLC | ||||||||||||||||||||||||
7.64%, 09/29/2017 ž | 3,000 | 2,329 | ||||||||||||||||||||||
Wells Fargo & Co. | ||||||||||||||||||||||||
Series K | ||||||||||||||||||||||||
7.98%, 03/15/2018 * ž | 1,800 | 1,890 | ||||||||||||||||||||||
Total Preferred Corporate Debt Securities (cost $11,641) | 11,823 | |||||||||||||||||||||||
CORPORATE DEBT SECURITIES - 21.7% | ||||||||||||||||||||||||
Airlines - 0.3% | ||||||||||||||||||||||||
Continental Airlines, Inc. | ||||||||||||||||||||||||
6.75%, 09/15/2015 - 144A | 2,200 | 2,291 | ||||||||||||||||||||||
Capital Markets - 2.2% | ||||||||||||||||||||||||
Goldman Sachs Group, Inc. | ||||||||||||||||||||||||
1.20%, 11/15/2014 * | EUR | 500 | 650 | |||||||||||||||||||||
1.35%, 02/04/2013 * | EUR | 300 | 405 | |||||||||||||||||||||
6.75%, 10/01/2037 | $ | 900 | 944 | |||||||||||||||||||||
Lehman Brothers Holdings, Inc. | ||||||||||||||||||||||||
2.85%, 12/23/2008 Џ | 1,600 | 340 | ||||||||||||||||||||||
5.63%, 01/24/2013 Џ | 4,100 | 917 | ||||||||||||||||||||||
6.88%, 05/02/2018 Џ | 500 | 114 | ||||||||||||||||||||||
Lehman Brothers Holdings, Inc. — Series H | ||||||||||||||||||||||||
0.00%, 10/22/2008 Џ* | 200 | 43 | ||||||||||||||||||||||
Lehman Brothers Holdings, Inc. — Series I | ||||||||||||||||||||||||
6.75%, 12/28/2017 Џ | 1,700 | ¨ | ||||||||||||||||||||||
Morgan Stanley | ||||||||||||||||||||||||
1.38%, 04/13/2016 * | EUR | 1,900 | 2,364 | |||||||||||||||||||||
3.45%, 11/02/2015 | $ | 4,200 | 4,223 | |||||||||||||||||||||
UBS AG | ||||||||||||||||||||||||
1.44%, 02/23/2012 * | 1,400 | 1,411 | ||||||||||||||||||||||
4.88%, 08/04/2020 | 3,300 | 3,538 | ||||||||||||||||||||||
Commercial Banks - 4.3% | ||||||||||||||||||||||||
ANZ National International, Ltd. | ||||||||||||||||||||||||
6.20%, 07/19/2013 - 144A | 3,700 | 4,137 | ||||||||||||||||||||||
Barclays Bank PLC | ||||||||||||||||||||||||
5.45%, 09/12/2012 | 2,600 | 2,818 | ||||||||||||||||||||||
6.05%, 12/04/2017 - 144A | 2,600 | 2,846 | ||||||||||||||||||||||
10.18%, 06/12/2021 - 144A | 2,240 | 2,985 | ||||||||||||||||||||||
Canadian Imperial Bank of Commerce | ||||||||||||||||||||||||
2.00%, 02/04/2013 - 144A | 1,200 | 1,232 | ||||||||||||||||||||||
Cie de Financement Foncier | ||||||||||||||||||||||||
2.50%, 09/16/2015 - 144A | 6,000 | 6,082 | ||||||||||||||||||||||
Fortis Bank Nederland Holding NV | ||||||||||||||||||||||||
1.25%, 06/10/2011 * | EUR | 1,200 | 1,668 | |||||||||||||||||||||
Lloyds TSB Bank PLC | ||||||||||||||||||||||||
1.03%, 06/09/2011 * | EUR | 1,000 | 1,393 | |||||||||||||||||||||
4.38%, 01/12/2015 - 144A | $ | 4,400 | 4,613 | |||||||||||||||||||||
5.80%, 01/13/2020 - 144A | 700 | 749 | ||||||||||||||||||||||
Consumer Finance - 0.9% | ||||||||||||||||||||||||
American Express Co. | ||||||||||||||||||||||||
6.15%, 08/28/2017 | 700 | 807 | ||||||||||||||||||||||
American Express Credit Corp. — Series C | ||||||||||||||||||||||||
5.88%, 05/02/2013 | 4,500 | 4,953 | ||||||||||||||||||||||
Diversified Financial Services - 8.2% | ||||||||||||||||||||||||
Ally Financial, Inc. | ||||||||||||||||||||||||
6.63%, 05/15/2012 | 900 | 926 | ||||||||||||||||||||||
7.00%, 02/01/2012 ^ | 1,500 | 1,543 | ||||||||||||||||||||||
7.25%, 03/02/2011 | 300 | 304 | ||||||||||||||||||||||
Bank of America Corp. | ||||||||||||||||||||||||
5.65%, 05/01/2018 | 3,900 | 4,105 | ||||||||||||||||||||||
7.63%, 06/01/2019 | 4,000 | 4,683 | ||||||||||||||||||||||
Bear Stearns Cos., LLC | ||||||||||||||||||||||||
5.70%, 11/15/2014 | 1,900 | 2,165 | ||||||||||||||||||||||
6.40%, 10/02/2017 | 900 | 1,050 | ||||||||||||||||||||||
6.95%, 08/10/2012 | 1,200 | 1,324 | ||||||||||||||||||||||
7.25%, 02/01/2018 | 2,100 | 2,562 | ||||||||||||||||||||||
Citigroup, Inc. | ||||||||||||||||||||||||
0.42%, 03/07/2014 * | 2,000 | 1,895 | ||||||||||||||||||||||
2.38%, 08/13/2013 * | 1,200 | 1,210 | ||||||||||||||||||||||
5.38%, 08/09/2020 | 800 | 842 | ||||||||||||||||||||||
5.50%, 04/11/2013 | 1,400 | 1,516 | ||||||||||||||||||||||
Daimler Finance North America LLC | ||||||||||||||||||||||||
7.75%, 01/18/2011 | 1,000 | 1,014 | ||||||||||||||||||||||
Ford Motor Credit Co., LLC | ||||||||||||||||||||||||
7.00%, 10/01/2013 | 400 | 436 | ||||||||||||||||||||||
7.80%, 06/01/2012 | 600 | 647 | ||||||||||||||||||||||
General Electric Capital Corp. | ||||||||||||||||||||||||
6.38%, 11/15/2067 * | 200 | 198 | ||||||||||||||||||||||
6.50%, 09/15/2067 - 144A * | GBP | 500 | 745 | |||||||||||||||||||||
International Lease Finance Corp. | ||||||||||||||||||||||||
7.13%, 09/01/2018 - 144A | $ | 6,600 | 7,260 | |||||||||||||||||||||
JPMorgan Chase & Co. | ||||||||||||||||||||||||
4.25%, 10/15/2020 | 1,900 | 1,914 | ||||||||||||||||||||||
4.95%, 03/25/2020 | 900 | 954 | ||||||||||||||||||||||
6.30%, 04/23/2019 | 900 | 1,050 | ||||||||||||||||||||||
Merrill Lynch & Co., Inc. | ||||||||||||||||||||||||
1.30%, 01/31/2014 * | EUR | 1,000 | 1,305 | |||||||||||||||||||||
6.88%, 04/25/2018 | $ | 3,900 | 4,377 | |||||||||||||||||||||
Merrill Lynch & Co., Inc. — Series C | ||||||||||||||||||||||||
6.40%, 08/28/2017 | 400 | 436 | ||||||||||||||||||||||
Petroleum Export, Ltd. | ||||||||||||||||||||||||
5.27%, 06/15/2011 - 144A | 47 | 47 | ||||||||||||||||||||||
SMFG Preferred Capital, Ltd. | ||||||||||||||||||||||||
10.23%, 01/25/2029 - Reg S * Ž | GBP | 2,900 | 5,425 | |||||||||||||||||||||
TNK-BP Finance SA | ||||||||||||||||||||||||
7.50%, 03/13/2013 - Reg S | $ | 4,000 | 4,335 | |||||||||||||||||||||
Diversified Telecommunication Services - 0.5% | ||||||||||||||||||||||||
Deutsche Telekom International Finance BV | ||||||||||||||||||||||||
8.13%, 05/29/2012 | EUR | 124 | 189 | |||||||||||||||||||||
KT Corp. | ||||||||||||||||||||||||
4.88%, 07/15/2015 - 144A | $ | 200 | 217 | |||||||||||||||||||||
Sprint Capital Corp. | ||||||||||||||||||||||||
7.63%, 01/30/2011 | 2,400 | 2,430 | ||||||||||||||||||||||
Electric Utilities - 0.0% ¥ | ||||||||||||||||||||||||
Energy Gulf States, Inc. | ||||||||||||||||||||||||
5.70%, 06/01/2015 | 40 | 40 | ||||||||||||||||||||||
PSEG Power LLC | ||||||||||||||||||||||||
6.95%, 06/01/2012 | 210 | 230 | ||||||||||||||||||||||
Energy Equipment & Services - 0.7% | ||||||||||||||||||||||||
NGPL Pipeco LLC | ||||||||||||||||||||||||
7.12%, 12/15/2017 - 144A | 1,800 | 2,030 | ||||||||||||||||||||||
Pride International, Inc. | ||||||||||||||||||||||||
6.88%, 08/15/2020 | 2,500 | 2,830 | ||||||||||||||||||||||
Food Products - 1.0% | ||||||||||||||||||||||||
Wrigley WM Jr., Co. | ||||||||||||||||||||||||
2.45%, 06/28/2012 - 144A | 6,300 | 6,364 |
The notes to the financial statements are an integral part of this report. Transamerica Funds | Annual Report 2010 |
Page 195
Table of Contents
At October 31, 2010
(all amounts except share amounts in thousands)
Principal | Value | |||||||||||||||||||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||||||||||||||||||
Health Care Providers & Services - 0.0% ¥ | ||||||||||||||||||||||||
HCA, Inc. | ||||||||||||||||||||||||
9.25%, 11/15/2016 | $ | 200 | $ | 217 | ||||||||||||||||||||
Household Durables - 0.1% | ||||||||||||||||||||||||
Urbi Desarrollos Urbanos SAB de CV | ||||||||||||||||||||||||
9.50%, 01/21/2020 - 144A | 400 | 466 | ||||||||||||||||||||||
Insurance - 1.1% | ||||||||||||||||||||||||
American International Group, Inc. | ||||||||||||||||||||||||
5.60%, 10/18/2016 | 1,000 | 1,046 | ||||||||||||||||||||||
8.25%, 08/15/2018 | 5,300 | 6,327 | ||||||||||||||||||||||
Metals & Mining - 0.0% ¥ | ||||||||||||||||||||||||
CSN Resources SA | ||||||||||||||||||||||||
6.50%, 07/21/2020 - 144A | 300 | 324 | ||||||||||||||||||||||
Oil, Gas & Consumable Fuels - 0.6% | ||||||||||||||||||||||||
Gazprom Via Gaz Capital SA | ||||||||||||||||||||||||
6.51%, 03/07/2022 - Reg S^ | 3,500 | 3,653 | ||||||||||||||||||||||
Sonat, Inc. | ||||||||||||||||||||||||
7.63%, 07/15/2011 | 370 | 384 | ||||||||||||||||||||||
Tobacco - 1.8% | ||||||||||||||||||||||||
Altria Group, Inc. | ||||||||||||||||||||||||
4.13%, 09/11/2015 | 6,200 | 6,696 | ||||||||||||||||||||||
9.25%, 08/06/2019 | 2,800 | 3,844 | ||||||||||||||||||||||
Reynolds American, Inc. | ||||||||||||||||||||||||
7.63%, 06/01/2016 | 200 | 235 | ||||||||||||||||||||||
7.75%, 06/01/2018 | 1,000 | 1,187 | ||||||||||||||||||||||
Wireless Telecommunication Services - 0.0% ¥ | ||||||||||||||||||||||||
AT&T Mobility LLC | ||||||||||||||||||||||||
6.50%, 12/15/2011 | 180 | 192 | ||||||||||||||||||||||
Total Corporate Debt Securities (cost $140,283) | 144,692 | |||||||||||||||||||||||
Shares | Value | |||||||||||||||||||||||
CONVERTIBLE PREFERRED STOCKS - 0.3% | ||||||||||||||||||||||||
Commercial Banks - 0.3% | ||||||||||||||||||||||||
Wells Fargo & Co. 7.50% | 1,600 | 1,600 | ||||||||||||||||||||||
Insurance - 0.0% ¥ | ||||||||||||||||||||||||
American International Group, Inc. 8.50% | 26,600 | 196 | ||||||||||||||||||||||
Total Convertible Preferred Stocks (cost $3,379) | 1,796 | |||||||||||||||||||||||
PREFERRED STOCKS - 0.1% | ||||||||||||||||||||||||
Thrifts & Mortgage Finance - 0.1% | ||||||||||||||||||||||||
DG Funding Trust 2.78% - 144A * § | 119 | 915 | ||||||||||||||||||||||
U.S. Government Agency Obligation - 0.0% ¥ | ||||||||||||||||||||||||
Fannie Mae 8.25% * § | 26,000 | 14 | ||||||||||||||||||||||
Total Preferred Stocks (cost $1,916) | 929 | |||||||||||||||||||||||
Principal | Value | |||||||||||||||||||||||
LOAN ASSIGNMENTS - 0.2% | ||||||||||||||||||||||||
Health Care Providers & Services - 0.1% | ||||||||||||||||||||||||
HCA, Inc., 1st Lien | ||||||||||||||||||||||||
2.54%, 11/18/2013 * | $ | 942 | 921 | |||||||||||||||||||||
Paper & Forest Products - 0.1% | ||||||||||||||||||||||||
Georgia-Pacific LLC, 1st Lien | ||||||||||||||||||||||||
2.29%, 12/20/2012 * | 435 | 434 | ||||||||||||||||||||||
Total Loan Assignments (cost $1,369) | 1,355 | |||||||||||||||||||||||
Shares | Value | |||||||||||||||||||||||
SECURITIES LENDING COLLATERAL - 2.5% | ||||||||||||||||||||||||
State Street Navigator Securities Lending | ||||||||||||||||||||||||
Trust — Prime Portfolio, 0.35% 5 | 16,991,865 | $ | 16,992 | |||||||||||||||||||||
Total Securities Lending Collateral (cost $16,992) |
Principal | Value | |||||||||||||||||||||||
REPURCHASE AGREEMENTS - 18.1% | ||||||||||||||||||||||||
Barclays Capital, Inc. | ||||||||||||||||||||||||
0.23% 5, dated 10/29/2010, to be repurchased at $54,501 on 11/01/2010. Collateralized by a U.S. Government | ||||||||||||||||||||||||
Obligation, 1.88%, due 06/30/2015, and with a value of $55,407. | $ | 54,500 | 54,500 | |||||||||||||||||||||
Morgan Stanley & Co., Inc. | ||||||||||||||||||||||||
0.23% 5, dated 10/29/2010, to be repurchased at $66,401 on 11/01/2010. Collateralized by a U.S. Government | ||||||||||||||||||||||||
Obligation, 4.38%, due 11/15/2039, and with a value of $66,935. | 66,400 | 66,400 | ||||||||||||||||||||||
Total Repurchase Agreements (cost $120,900) | 120,900 | |||||||||||||||||||||||
Total Investment Securities (cost $837,297) # | 850,497 | |||||||||||||||||||||||
Other Assets and Liabilities — Net | (182,776 | ) | ||||||||||||||||||||||
Net Assets | $ | 667,721 | ||||||||||||||||||||||
Principal | Value | |||||||||||||||||||||||
SECURITIES SOLD SHORT — (3.4%) | ||||||||||||||||||||||||
Fannie Mae, TBA f | ||||||||||||||||||||||||
5.00% | $ | (5,000 | ) | $ | (5,314 | ) | ||||||||||||||||||
5.50% | (16,000 | ) | (17,178 | ) | ||||||||||||||||||||
Total Securities Sold Short (proceeds $22,287) | (22,492 | ) | ||||||||||||||||||||||
Notional | ||||||||||||||||||||||||
Amount | Value | |||||||||||||||||||||||
WRITTEN-OPTIONS - 0.0% ¥ | ||||||||||||||||||||||||
Call Options - 0.0% ¥ | ||||||||||||||||||||||||
10-Year U.S. Treasury Note Futures | $ | (33 | ) | (5 | ) | |||||||||||||||||||
Call Strike $129.00 | ||||||||||||||||||||||||
Expires 11/26/2010 | ||||||||||||||||||||||||
Put Options - 0.0% ¥ | ||||||||||||||||||||||||
10-Year U.S. Treasury Note Futures | (33 | ) | (17 | ) | ||||||||||||||||||||
Put Strike $125.00 | ||||||||||||||||||||||||
Expires 11/26/2010 | ||||||||||||||||||||||||
Total Written Options (Premiums: $19) | (22 | ) | ||||||||||||||||||||||
The notes to the financial statements are an integral part of this report. Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts in thousands)
Pay/Receive | ||||||||||||||||||||||||
Floating | Exercise | Expiration | Premiums Paid | |||||||||||||||||||||
Description | Floating Rate Index | Rate | Rate | Date | Notional Amount | (Received) | Value | |||||||||||||||||
Call — Interest Rate Swap, European Style § | 2-Year OC FVA USD | Receive | 0.00%¥ | 11/14/2011 | $ | (2,500 | ) | $ | (27 | ) | $ | (26 | ) | |||||||||||
Call — Interest Rate Swap, European Style | Itraxx.OC 0.9 EUR | Receive | 0.90 | 12/15/2010 | (19,600 | ) | (95 | ) | (66 | ) | ||||||||||||||
Call — Interest Rate Swap, European Style | 5-Year CDX.0 IG14 | Receive | 0.90 | 03/16/2011 | (8,300 | ) | (18 | ) | (37 | ) | ||||||||||||||
Call — Interest Rate Swap, European Style | 10-Year IRO USD | Receive | 3.25 | 01/24/2011 | (5,900 | ) | (35 | ) | (273 | ) | ||||||||||||||
Call — Interest Rate Swap, European Style | 10-Year IRO USD | Receive | 3.25 | 01/24/2011 | (8,400 | ) | (46 | ) | (389 | ) | ||||||||||||||
Call — Interest Rate Swap, European Style | 10-Year IRO USD | Receive | 3.25 | 01/24/2011 | (22,800 | ) | (128 | ) | (1,055 | ) | ||||||||||||||
Put — Interest Rate Swap, European Style | 5-Year CDX.0 IG14 | Pay | 1.50 | 03/16/2011 | (8,300 | ) | (46 | ) | (18 | ) | ||||||||||||||
Put — Interest Rate Swap, European Style | Itraxx.OP1.6 EUR | Pay | 1.60 | 12/15/2010 | (19,600 | ) | (75 | ) | (8 | ) | ||||||||||||||
Put — Interest Rate Swap, European Style | 5-Year Itraxx.OC. 0.9 EUR | Pay | 1.80 | 03/16/2011 | (4,300 | ) | (31 | ) | (14 | ) | ||||||||||||||
Put — Interest Rate Swap, European Style | 2-Year IRO USD | Pay | 2.25 | 09/24/2012 | (29,400 | ) | (234 | ) | (130 | ) | ||||||||||||||
Put — Interest Rate Swap, European Style | 2-Year IRO USD | Pay | 2.25 | 09/24/2012 | (1,500 | ) | (10 | ) | (7 | ) | ||||||||||||||
Put — Interest Rate Swap, European Style | 2-Year IRO USD | Pay | 2.25 | 09/24/2012 | (1,600 | ) | (10 | ) | (7 | ) | ||||||||||||||
Put — Interest Rate Swap, European Style | 2-Year IRO USD | Pay | 2.25 | 09/24/2012 | (2,800 | ) | (15 | ) | (12 | ) | ||||||||||||||
Put — Interest Rate Swap, European Style | 3-Year IRO USD | Pay | 2.75 | 06/18/2012 | (6,200 | ) | (61 | ) | (28 | ) | ||||||||||||||
Put — Interest Rate Swap, European Style | 3-Year IRO USD | Pay | 2.75 | 06/18/2012 | (6,500 | ) | (67 | ) | (29 | ) | ||||||||||||||
Put — Interest Rate Swap, European Style | 3-Year IRO USD | Pay | 3.00 | 06/18/2012 | (8,500 | ) | (96 | ) | (29 | ) | ||||||||||||||
Put — Interest Rate Swap, European Style | 3-Year IRO USD | Pay | 3.00 | 06/18/2012 | (1,200 | ) | (11 | ) | (4 | ) | ||||||||||||||
Put — Interest Rate Swap, European Style | 3-Year IRO USD | Pay | 3.00 | 06/18/2012 | (9,800 | ) | (88 | ) | (34 | ) | ||||||||||||||
Put — Interest Rate Swap, European Style | 5-Year IRO USD | Pay | 4.00 | 12/01/2010 | (16,200 | ) | (96 | ) | ¨ | |||||||||||||||
Put — Interest Rate Swap, European Style | 5-Year IRO USD | Pay | 4.00 | 12/01/2010 | (13,000 | ) | (82 | ) | ¨ | |||||||||||||||
Put — Interest Rate Swap, European Style | 10-Year IRO USD | Pay | 5.00 | 01/24/2011 | (5,900 | ) | (59 | ) | ¨ | |||||||||||||||
Put — Interest Rate Swap, European Style | 10-Year IRO USD | Pay | 5.00 | 01/24/2011 | (8,400 | ) | (68 | ) | ¨ | |||||||||||||||
Put — Interest Rate Swap, European Style | 10-Year IRO USD | Pay | 10.00 | 07/10/2012 | (700 | ) | (5 | ) | ¨ | |||||||||||||||
Put — Interest Rate Swap, European Style | 10-Year IRO USD | Pay | 10.00 | 07/10/2012 | (7,400 | ) | (45 | ) | ¨ | |||||||||||||||
Put — Interest Rate Swap, European Style | 10-Year IRO USD | Pay | 10.00 | 07/10/2012 | (100 | ) | (1 | ) | ¨ | |||||||||||||||
Put — Interest Rate Swap, European Style | 10-Year IRO USD | Pay | 10.00 | 07/10/2012 | (400 | ) | (3 | ) | ¨ | |||||||||||||||
$ | (1,452 | ) | $ | (2,166 | ) | |||||||||||||||||||
Fixed Deal | Implied Credit | Premiums | Net Unrealized | |||||||||||||||||||||||||||||
Receive | Spread (BP) at | Notional | Market | Paid | Appreciation | |||||||||||||||||||||||||||
Reference Obligation | Rate | Maturity Date | Counterparty | 10/31/2010 (3) | Amount (4) | Value | (Received) | (Depreciation) | ||||||||||||||||||||||||
Altria Group, Inc., 9.25%, 08/06/2019 | 1.46 | % | 03/20/2019 | DUB | 117.59 | $ | 5,700 | $ | (131 | ) | $ | — | $ | (131 | ) | |||||||||||||||||
Goldman Sachs Group, Inc., 6.60%, 01/15/2012 | 1.00 | 03/20/2011 | DUB | 69.67 | 300 | ¨ | ¨ | ¨ | ||||||||||||||||||||||||
Goldman Sachs Group, Inc., 6.60%, 01/15/2012 | 1.00 | 03/20/2012 | BRC | 88.37 | 200 | ¨ | (¨) | ¨ | ||||||||||||||||||||||||
Time Warner, Inc., 5.88%, 11/15/2016 | 1.19 | 03/20/2014 | DUB | 32.35 | 20 | (1 | ) | — | (1 | ) | ||||||||||||||||||||||
$ | (132 | ) | $ | ¨ | $ | (132 | ) | |||||||||||||||||||||||||
Premiums | Net Unrealized | |||||||||||||||||||||||||||||||
Fixed Deal | Currency | Notional | Market | Paid | Appreciation | |||||||||||||||||||||||||||
Reference Obligation | Pay Rate | Maturity Date | Counterparty | Code | Amount (4) | Value (5) | (Received) | (Depreciation) | ||||||||||||||||||||||||
CDX.NA.HY.14 5 Year Index | 5.00 | % | 06/20/2015 | DUB | USD | $ | 6,600 | $ | (93 | ) | $ | 461 | $ | (554 | ) | |||||||||||||||||
CDX.NA.HY.14 5 Year Index | 5.00 | 06/20/2015 | CBK | USD | 8,000 | (112 | ) | 595 | (707 | ) | ||||||||||||||||||||||
Dow Jones CDX.IG.5 7 Year Index | 0.14 | 12/20/2012 | MYC | USD | 4,500 | 52 | — | 52 | ||||||||||||||||||||||||
$ | (153 | ) | $ | 1,056 | $ | (1,209 | ) | |||||||||||||||||||||||||
Premiums | Net Unrealized | |||||||||||||||||||||||||||||||
Fixed Deal | Currency | Notional | Market | Paid | Appreciation | |||||||||||||||||||||||||||
Reference Obligation | Pay Rate | Maturity Date | Counterparty | Code | Amount (4) | Value (5) | (Received) | (Depreciation) | ||||||||||||||||||||||||
Dow Jones CDX.IG.5 1 Year Index | 0.46 | % | 12/20/2015 | MYC | USD | $ | 3,200 | $ | (327 | ) | $ | — | $ | (327 | ) |
The notes to the financial statements are an integral part of this report. Transamerica Funds | Annual Report 2010 |
Page 197
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(all amounts in thousands)
Premiums | Net Unrealized | |||||||||||||||||||||||||||||||
Currency | Notional | Market | Paid | Appreciation | ||||||||||||||||||||||||||||
Floating Rate Index | Fixed Rate | Maturity Date | Counterparty | Code | Amount | Value | (Received) | (Depreciation) | ||||||||||||||||||||||||
3-Month USD LIBOR | 1.60 | % | 11/02/2015 | RYL | USD | $ | 40,800 | $ | — | $ | — | $ | — | |||||||||||||||||||
3-Month USD LIBOR | 1.60 | 11/02/2015 | CBK | USD | 6,700 | — | — | — | ||||||||||||||||||||||||
$ | — | $ | — | $ | — | |||||||||||||||||||||||||||
Premiums | Net Unrealized | |||||||||||||||||||||||||||||||
Currency | Notional | Market | Paid | Appreciation | ||||||||||||||||||||||||||||
Floating Rate Index | Fixed Rate | Maturity Date | Counterparty | Code | Amount | Value | (Received) | (Depreciation) | ||||||||||||||||||||||||
6-Month AUD BBR BBSW | 5.50 | % | 12/15/2017 | DUB | AUD | $ | 2,200 | $ | (19 | ) | $ | (10 | ) | $ | (9 | ) | ||||||||||||||||
6-Month AUD BBR BBSW | 5.50 | 12/15/2017 | BRC | AUD | 3,600 | (30 | ) | (18 | ) | (12 | ) | |||||||||||||||||||||
BRL-CDI | 10.68 | 01/02/2012 | BRC | BRL | 1,300 | (6 | ) | (4 | ) | (2 | ) | |||||||||||||||||||||
BRL-CDI | 11.67 | 01/02/2012 | MYC | BRL | 5,200 | 96 | 23 | 73 | ||||||||||||||||||||||||
BRL-CDI | 11.91 | 01/02/2013 | BRL | BRL | 39,900 | 292 | 164 | 128 | ||||||||||||||||||||||||
BRL-CDI | 11.93 | 01/02/2013 | MYC | BRL | 2,500 | 20 | (6 | ) | 26 | |||||||||||||||||||||||
BRL-CDI § | 12.59 | 01/02/2013 | MYC | BRL | 2,800 | 34 | 3 | 31 | ||||||||||||||||||||||||
BRL-CDI § | 11.94 | 01/02/2014 | BRL | BRL | 9,900 | 46 | 27 | 19 | ||||||||||||||||||||||||
BRL-CDI | 12.12 | 01/02/2014 | HUS | BRL | 11,600 | 128 | 24 | 104 | ||||||||||||||||||||||||
BRL-CDI | 11.99 | 01/02/2014 | GLM | BRL | 4,000 | 35 | 1 | 34 | ||||||||||||||||||||||||
BRL-CDI | 11.96 | 01/02/2014 | GLM | BRL | 37,100 | 311 | (27 | ) | 338 | |||||||||||||||||||||||
$ | 907 | $ | 177 | $ | 730 | |||||||||||||||||||||||||||
Net Unrealized | ||||||||||||||||
Appreciation | ||||||||||||||||
Description | Type | Contracts Γ | Expiration Date | (Depreciation) | ||||||||||||
3-Month EURIBOR | Long | 132 | 06/13/2011 | $ | (58 | ) | ||||||||||
German Euro Bund | Long | 84 | 12/08/2010 | (140 | ) | |||||||||||
$ | (198 | ) | ||||||||||||||
Amount in U.S. | Net Unrealized | |||||||||||||||
Settlement | Dollars | Appreciation | ||||||||||||||
Currency | Bought (Sold) | Date | Bought (Sold) | (Depreciation) | ||||||||||||
Australian Dollar | (17,400 | ) | 12/03/2010 | $ | (17,063 | ) | $ | 86 | ||||||||
Brazilian Real | (715 | ) | 12/02/2010 | (427 | ) | 9 | ||||||||||
Brazilian Real | 715 | 12/02/2010 | 398 | 19 | ||||||||||||
Brazilian Real | 715 | 03/02/2011 | 419 | (8 | ) | |||||||||||
Canadian Dollar | (8,008 | ) | 11/18/2010 | (7,823 | ) | (26 | ) | |||||||||
Canadian Dollar | 1,841 | 11/18/2010 | 1,790 | 14 | ||||||||||||
Canadian Dollar | 573 | 11/18/2010 | 557 | 5 | ||||||||||||
Chinese Yuan Renminbi | 13,324 | 11/17/2010 | 2,009 | (11 | ) | |||||||||||
Chinese Yuan Renminbi | (3,313 | ) | 11/17/2010 | (493 | ) | (3 | ) | |||||||||
Chinese Yuan Renminbi | (3,909 | ) | 11/17/2010 | (582 | ) | (4 | ) | |||||||||
Chinese Yuan Renminbi | (2,751 | ) | 11/17/2010 | (411 | ) | (2 | ) | |||||||||
Chinese Yuan Renminbi | (3,351 | ) | 11/17/2010 | (500 | ) | (3 | ) | |||||||||
Chinese Yuan Renminbi | (9,226 | ) | 11/23/2010 | (1,373 | ) | (10 | ) | |||||||||
Chinese Yuan Renminbi | (11,676 | ) | 11/23/2010 | (1,743 | ) | (8 | ) | |||||||||
Chinese Yuan Renminbi | (10,106 | ) | 11/23/2010 | (1,505 | ) | (11 | ) |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 198
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At October 31, 2010
(all amounts in thousands)
Amount in U.S. | Net Unrealized | |||||||||||||||
Settlement | Dollars | Appreciation | ||||||||||||||
Currency | Bought (Sold) | Date | Bought (Sold) | (Depreciation) | ||||||||||||
Chinese Yuan Renminbi | 16,862 | 11/23/2010 | $ | 2,537 | $ | (8 | ) | |||||||||
Chinese Yuan Renminbi | 16,862 | 11/23/2010 | 2,536 | (8 | ) | |||||||||||
Chinese Yuan Renminbi | (9,584 | ) | 11/23/2010 | (1,427 | ) | (10 | ) | |||||||||
Chinese Yuan Renminbi | (9,629 | ) | 11/23/2010 | (1,434 | ) | (10 | ) | |||||||||
Chinese Yuan Renminbi | 34,386 | 11/23/2010 | 5,172 | (15 | ) | |||||||||||
Chinese Yuan Renminbi | (7,389 | ) | 11/23/2010 | (1,099 | ) | (9 | ) | |||||||||
Chinese Yuan Renminbi | (743 | ) | 11/23/2010 | (112 | ) | 1 | ||||||||||
Chinese Yuan Renminbi | (9,758 | ) | 11/23/2010 | (1,453 | ) | (11 | ) | |||||||||
Chinese Yuan Renminbi | 1,810 | 01/10/2011 | 271 | 1 | ||||||||||||
Chinese Yuan Renminbi | 6,353 | 04/07/2011 | 958 | 3 | ||||||||||||
Chinese Yuan Renminbi | 3,803 | 04/28/2011 | 575 | 1 | ||||||||||||
Chinese Yuan Renminbi | 4,564 | 04/28/2011 | 690 | 1 | ||||||||||||
Chinese Yuan Renminbi | 2,324 | 09/14/2011 | 350 | 5 | ||||||||||||
Chinese Yuan Renminbi | 1,445 | 09/14/2011 | 218 | 3 | ||||||||||||
Chinese Yuan Renminbi | 1,847 | 09/14/2011 | 278 | 4 | ||||||||||||
Chinese Yuan Renminbi | 3,461 | 09/14/2011 | 522 | 7 | ||||||||||||
Chinese Yuan Renminbi | 645 | 11/04/2011 | 101 | (2 | ) | |||||||||||
Chinese Yuan Renminbi | 4,808 | 11/15/2011 | 726 | 11 | ||||||||||||
Chinese Yuan Renminbi | 9,703 | 02/13/2012 | 1,505 | (10 | ) | |||||||||||
Chinese Yuan Renminbi | 3,176 | 02/13/2012 | 493 | (4 | ) | |||||||||||
Chinese Yuan Renminbi | 9,196 | 02/13/2012 | 1,427 | (10 | ) | |||||||||||
Chinese Yuan Renminbi | 11,209 | 02/13/2012 | 1,743 | (16 | ) | |||||||||||
Chinese Yuan Renminbi | 3,751 | 02/13/2012 | 582 | (4 | ) | |||||||||||
Chinese Yuan Renminbi | 2,751 | 02/13/2012 | 428 | (4 | ) | |||||||||||
Chinese Yuan Renminbi | 9,360 | 02/13/2012 | 1,453 | (11 | ) | |||||||||||
Chinese Yuan Renminbi | 8,849 | 02/13/2012 | 1,373 | (10 | ) | |||||||||||
Chinese Yuan Renminbi | 9,245 | 02/13/2012 | 1,434 | (10 | ) | |||||||||||
Chinese Yuan Renminbi | 7,389 | 02/13/2012 | 1,147 | (9 | ) | |||||||||||
Chinese Yuan Renminbi | 3,351 | 02/13/2012 | 521 | (5 | ) | |||||||||||
Danish Krone | 1,190 | 11/04/2010 | 209 | 13 | ||||||||||||
Euro | (358 | ) | 11/23/2010 | (493 | ) | (5 | ) | |||||||||
Euro | 1,175 | 11/23/2010 | 1,556 | 79 | ||||||||||||
Euro | (10,477 | ) | 11/23/2010 | (13,418 | ) | (1,160 | ) | |||||||||
Euro | (110 | ) | 11/23/2010 | (146 | ) | (7 | ) | |||||||||
Indian Rupee | 21,047 | 01/12/2011 | 448 | 19 | ||||||||||||
Indian Rupee | 11,698 | 01/12/2011 | 249 | 11 | ||||||||||||
Indian Rupee | 61,489 | 01/12/2011 | 1,308 | 57 | ||||||||||||
Japanese Yen | 133,965 | 11/01/2010 | 1,643 | 22 | ||||||||||||
Japanese Yen | (133,965 | ) | 11/01/2010 | (1,592 | ) | (73 | ) | |||||||||
Japanese Yen | (133,965 | ) | 12/06/2010 | (1,643 | ) | (22 | ) | |||||||||
Japanese Yen | (61,538 | ) | 12/06/2010 | (736 | ) | (29 | ) | |||||||||
Malaysian Ringgit | 9 | 02/07/2011 | 3 | ¨ | ||||||||||||
Mexican Peso | 84 | 02/22/2011 | 7 | ¨ | ||||||||||||
Pound Sterling | (6,862 | ) | 12/20/2010 | (10,691 | ) | (300 | ) | |||||||||
Republic of Korea Won | (1,325,000 | ) | 11/12/2010 | (1,175 | ) | (2 | ) | |||||||||
Republic of Korea Won | (1,524,099 | ) | 11/12/2010 | (1,346 | ) | (9 | ) | |||||||||
Republic of Korea Won | 117,640 | 11/12/2010 | 100 | 5 | ||||||||||||
Republic of Korea Won | 280,620 | 11/12/2010 | 240 | 9 | ||||||||||||
Republic of Korea Won | (837,000 | ) | 11/12/2010 | (749 | ) | 5 | ||||||||||
Republic of Korea Won | (1,222,000 | ) | 11/12/2010 | (1,094 | ) | 8 | ||||||||||
Republic of Korea Won | (350,000 | ) | 11/12/2010 | (313 | ) | 1 | ||||||||||
Republic of Korea Won | (1,356,400 | ) | 11/12/2010 | (1,204 | ) | (2 | ) | |||||||||
Republic of Korea Won | (661,000 | ) | 11/12/2010 | (591 | ) | 4 | ||||||||||
Republic of Korea Won | 11,629 | 11/12/2010 | 10 | ¨ | ||||||||||||
Republic of Korea Won | 69,810 | 11/12/2010 | 60 | 2 | ||||||||||||
Republic of Korea Won | 366,184 | 11/12/2010 | 310 | 15 | ||||||||||||
Republic of Korea Won | 70,140 | 11/12/2010 | 60 | 2 | ||||||||||||
Republic of Korea Won | 277,128 | 11/12/2010 | 240 | 6 | ||||||||||||
Republic of Korea Won | 93,536 | 11/12/2010 | 80 | 3 | ||||||||||||
Republic of Korea Won | 278,856 | 11/12/2010 | 240 | 8 | ||||||||||||
Republic of Korea Won | 12,782 | 11/12/2010 | 11 | ¨ | ||||||||||||
Republic of Korea Won | 117,820 | 11/12/2010 | 100 | 5 | ||||||||||||
Republic of Korea Won | 836,050 | 11/12/2010 | 704 | 39 | ||||||||||||
Republic of Korea Won | (525,409 | ) | 11/12/2010 | (444 | ) | (23 | ) | |||||||||
Republic of Korea Won | 267,398 | 11/12/2010 | 230 | 8 | ||||||||||||
Republic of Korea Won | 807,240 | 11/12/2010 | 663 | 55 | ||||||||||||
Republic of Korea Won | 140,136 | 11/12/2010 | 120 | 5 | ||||||||||||
Republic of Korea Won | 963,116 | 11/12/2010 | 781 | 75 | ||||||||||||
Republic of Korea Won | 529,506 | 11/12/2010 | 460 | 11 | ||||||||||||
Republic of Korea Won | 140,760 | 11/12/2010 | 120 | 5 | ||||||||||||
Republic of Korea Won | 292,463 | 11/12/2010 | 250 | 10 | ||||||||||||
Republic of Korea Won | 515,588 | 11/12/2010 | 450 | 8 | ||||||||||||
Republic of Korea Won | 1,556,946 | 11/12/2010 | 1,372 | 12 |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 199
Table of Contents
At October 31, 2010
(all amounts in thousands)
Amount in U.S. | Net Unrealized | |||||||||||||||
Settlement | Dollars | Appreciation | ||||||||||||||
Currency | Bought (Sold) | Date | Bought (Sold) | (Depreciation) | ||||||||||||
Republic of Korea Won | (396,043 | ) | 11/12/2010 | $ | (336 | ) | $ | (16 | ) | |||||||
Republic of Korea Won | (282,058 | ) | 11/12/2010 | (249 | ) | (1 | ) | |||||||||
Republic of Korea Won | 280,224 | 11/12/2010 | 240 | 9 | ||||||||||||
Republic of Korea Won | 1,772,580 | 11/12/2010 | 1,473 | 103 | ||||||||||||
Republic of Korea Won | (537,565 | ) | 11/12/2010 | (454 | ) | (24 | ) | |||||||||
Republic of Korea Won | (524,680 | ) | 11/12/2010 | (443 | ) | (23 | ) | |||||||||
Republic of Korea Won | 139,080 | 11/12/2010 | 120 | 4 | ||||||||||||
Republic of Korea Won | (395,976 | ) | 11/12/2010 | (336 | ) | (16 | ) | |||||||||
Republic of Korea Won | 329,899 | 01/19/2011 | 295 | (1 | ) | |||||||||||
Republic of Korea Won | 2,303,491 | 01/19/2011 | 2,060 | (5 | ) | |||||||||||
Republic of Korea Won | 1,953,145 | 01/19/2011 | 1,747 | (5 | ) | |||||||||||
Republic of Korea Won | 282,058 | 05/09/2011 | 249 | 4 | ||||||||||||
Republic of Korea Won | 1,222,000 | 05/09/2011 | 1,089 | 6 | ||||||||||||
Republic of Korea Won | 1,356,400 | 05/09/2011 | 1,201 | 15 | ||||||||||||
Republic of Korea Won | 350,000 | 05/09/2011 | 312 | 2 | ||||||||||||
Republic of Korea Won | 1,325,000 | 05/09/2011 | 1,171 | 17 | ||||||||||||
Republic of Korea Won | 1,524,100 | 05/09/2011 | 1,344 | 22 | ||||||||||||
Republic of Korea Won | 837,000 | 05/09/2011 | 747 | 3 | ||||||||||||
Republic of Korea Won | 661,000 | 05/09/2011 | 589 | 4 | ||||||||||||
Singapore Dollar | (1,575 | ) | 11/12/2010 | (1,211 | ) | (7 | ) | |||||||||
Singapore Dollar | (2,850 | ) | 11/12/2010 | (2,184 | ) | (18 | ) | |||||||||
Singapore Dollar | 4,425 | 11/12/2010 | 3,359 | 60 | ||||||||||||
Singapore Dollar | 27 | 03/09/2011 | 20 | 1 | ||||||||||||
Singapore Dollar | 2,850 | 06/09/2011 | 2,185 | 18 | ||||||||||||
Singapore Dollar | 1,575 | 06/09/2011 | 1,211 | 7 | ||||||||||||
Taiwan Dollar | 13,911 | 01/14/2011 | 450 | 5 | ||||||||||||
Taiwan Dollar | 11,110 | 01/14/2011 | 352 | 12 | ||||||||||||
Taiwan Dollar | 4,236 | 01/14/2011 | 135 | 4 | ||||||||||||
Taiwan Dollar | 17,102 | 01/14/2011 | 544 | 15 | ||||||||||||
Taiwan Dollar | 9,262 | 01/14/2011 | 292 | 11 | ||||||||||||
$ | (1,006 | ) | ||||||||||||||
^ | All or a portion of this security is on loan. The value of all securities on loan is $16,654. | |
* | Floating or variable rate note. Rate is listed as of 10/29/2010. | |
Ž | The security has a perpetual maturity. The date shown is the next call date. | |
Џ | In default. | |
¨ | Value and/or principal is less than $1. | |
¥ | Percentage rounds to less than 0.1%. | |
§ | Illiquid. At 10/31/2010, illiquid investment securities aggregated to $2,314, or 0.35%, and illiquid derivatives aggregated to $54, or 0.01%, of the fund’s net assets. | |
▲ | Rate shown reflects the yield at 10/29/2010. | |
‡ | Non-income producing security. | |
ә | Security fair valued as determined in good faith in accordance with procedures established by the Board of Trustees. This security had a market value of $45, or 0.01%, of the fund’s net assets. | |
# | Aggregate cost for federal income tax purposes is $837,429. Aggregate gross unrealized appreciation/depreciation for all securities in which there is an excess of value over tax cost were $32,638 and $19,570, respectively. Net unrealized appreciation for tax purposes is $13,068. | |
Γ | Contract amounts are not in thousands. | |
(1) | If the fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | |
(2) | If the fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | |
(3) | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues or sovereign issues of an emerging country as of period end serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | |
(4) | The maximum potential amount the fund could be required to make as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
The notes to the financial statements are an integral part of this report. | ||
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At October 31, 2010
(all amounts in thousands)
(5) | The quoted market prices and resulting values for credit default swap agreements on asset-backed securities and credit indices serve as an indicator of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative had the notional amount of the swap agreement been closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | |
g | All or a portion of these securities in the amount of $439, and cash in the amount of $9, have been segregated as collateral with the broker to cover margin requirements for open futures contracts. | |
α | All or a portion of these securities, in the amount of $1,231, have been segregated with the broker to cover open swap contracts. | |
θ | Cash, in the amount of $730, has been pledged by the broker as collateral with the custodian to cover open short TBA transactions. | |
π | Cash, in the amount of $540, has been pledged by the broker as collateral with the custodian to cover open swap contracts. | |
DEFINITIONS: | ||
144A | 144A Securities are registered pursuant to Rule 144A of the Securities Act of 1933. These securities are deemed to be liquid for purposes of compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At 10/31/2010, these securities aggregated $61,068, or 9.15%, of the fund’s net assets. | |
AUD | Australian Dollar | |
BBR-BBSW | The rate for a reset date will be the average mid rate, for Australian Dollar bills of exchange having a tenor of the Designated Maturity. | |
BP | Basis Point Spread | |
BRC | Barclays Bank PLC | |
BRL | Brazilian Real | |
CAD | Canadian Dollar | |
CBK | Citibank N.A. | |
CDI | Credit Default Index | |
CDX | A series of indices that track North American and emerging market credit derivative indices. | |
CLO | Collateralized Loan Obligation | |
DUB | Deutsche Bank AG | |
EUR | Euro | |
EURIBOR | Euro InterBank Offered Rate | |
GBP | Pound Sterling | |
GLM | Goldman Sachs Global Liquidity Management | |
HUS | HSBC Bank USA | |
IO | Interest Only | |
IRO | Interest Rate Option | |
LIBOR | London Interbank Offered Rate | |
MYC | Morgan Stanley Capital Services | |
RYL | Royal Bank of Scotland PLC | |
TBA | To Be Announced | |
TIPS | Treasury Inflation Protected Security |
The notes to the financial statements are an integral part of this report. Transamerica Funds | Annual Report 2010 |
Page 201
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At October 31, 2010
(all amounts in thousands)
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Asset-Backed Securities | $ | — | $ | 12,676 | $ | — | $ | 12,676 | ||||||||
Convertible Preferred Stocks | 1,796 | — | — | 1,796 | ||||||||||||
Corporate Debt Securities | — | 144,692 | — | 144,692 | ||||||||||||
Foreign Government Obligations | — | 31,743 | — | 31,743 | ||||||||||||
Loan Assignments | — | 1,355 | — | 1,355 | ||||||||||||
Mortgage-Backed Securities | — | 46,288 | 45 | 46,333 | ||||||||||||
Municipal Government Obligations | — | 37,135 | — | 37,135 | ||||||||||||
Preferred Corporate Debt Securities | — | 11,823 | — | 11,823 | ||||||||||||
Preferred Stocks | 14 | 915 | — | 929 | ||||||||||||
Repurchase Agreement | — | 120,900 | — | 120,900 | ||||||||||||
Securities Lending Collateral | 16,992 | — | — | 16,992 | ||||||||||||
U.S. Government Agency Obligations | — | 259,958 | — | 259,958 | ||||||||||||
U.S. Government Obligations | — | 164,165 | — | 164,165 | ||||||||||||
Total | $ | 18,802 | $ | 831,650 | $ | 45 | $ | 850,497 | ||||||||
Securities Sold Short | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
U.S. Government Agency Obligations | $ | — | $ | (22,492 | ) | $ | — | $ | (22,492 | ) | ||||||
Other Financial Instruments | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Written Options | $ | — | $ | (22 | ) | $ | — | $ | (22 | ) | ||||||
Written Swaptions | — | (2,166 | ) | — | (2,166 | ) | ||||||||||
Total | $ | — | $ | (2,188 | ) | $ | — | $ | (2,188 | ) | ||||||
Other Financial Instruments* | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Credit Default Swap — Appreciation | $ | — | $ | 52 | $ | — | $ | 52 | ||||||||
Credit Default Swap — Depreciation | — | (1,720 | ) | — | (1,720 | ) | ||||||||||
Interest Rate Swap — Appreciation | — | 753 | — | 753 | ||||||||||||
Interest Rate Swap — Depreciation | — | (23 | ) | — | (23 | ) | ||||||||||
Futures Contracts — Depreciation | (198 | ) | — | (198 | ) | |||||||||||
Forward Foreign Currency Contracts — Appreciation | — | 994 | — | 994 | ||||||||||||
Forward Foreign Currency Contracts — Depreciation | — | (2,000 | ) | — | (2,000 | ) | ||||||||||
Total | $ | (198 | ) | $ | (1,944 | ) | $ | — | $ | (2,142 | ) | |||||
Change in | ||||||||||||||||||||||||||||
Beginning | Net | Unrealized | Ending | |||||||||||||||||||||||||
Balance at | Purchases/ | Accrued | Total Realized | Appreciation/ | Net Transfers | Balance at | ||||||||||||||||||||||
Securities | 10/31/2009 | (Sales) | Discounts/(Premiums) | Gain/(Loss) | (Depreciation) | In/(Out) of Level 3 | 10/31/2010 | |||||||||||||||||||||
Mortgage-Backed Securities | $ | — | $ | — | $ | — | $ | — | $ | — | $ | 45 | $ | 45 | ||||||||||||||
Asset-Backed Securities | 892 | (610 | ) | — | 4 | 55 | (341 | ) | — | |||||||||||||||||||
Total | $ | 892 | $ | (610 | ) | $ | — | $ | 4 | $ | 55 | $ | (296 | ) | $ | 45 | ||||||||||||
* | Other financial instruments are derivative instruments including, but not limited to, Futures Contracts, Forward Foreign Currency Contracts, and Swap Contracts that are valued at unrealized appreciation (depreciation) on the instrument. |
The notes to the financial statements are an integral part of this report. | ||
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(all amounts except per share amounts in thousands)
Transamerica | Transamerica | |||||||||||||||||||
Clarion Global | Transamerica | MFS | Transamerica | Transamerica | ||||||||||||||||
Real Estate | Jennison | International | PIMCO Real | PIMCO Total | ||||||||||||||||
Securities | Growth | Equity | Return TIPS | Return | ||||||||||||||||
Assets: | ||||||||||||||||||||
Investment securities, at value | $ | 343,608 | $ | 719,708 | $ | 528,328 | $ | 978,393 | $ | 729,597 | ||||||||||
Repurchase agreement, at value | 2,818 | 7,499 | 22,040 | — | 120,900 | |||||||||||||||
Cash | — | — | — | 387 | 574 | |||||||||||||||
Cash on deposit with broker | — | — | — | 6 | 9 | |||||||||||||||
Foreign currency, at value | 3 | — | — | 528 | 713 | |||||||||||||||
Receivables: | ||||||||||||||||||||
Investment securities sold | 1,769 | 4,019 | — | (a) | 12,933 | 182,048 | ||||||||||||||
Shares of beneficial interest sold | 4 | 8 | 147 | 4 | 9 | |||||||||||||||
Interest | — | (a) | (a) | (a) | 4,828 | 5,923 | ||||||||||||||
Securities lending income (net) | 10 | (a) | 7 | — | (a) | 2 | ||||||||||||||
Dividends | 601 | 189 | 1,018 | — | 42 | |||||||||||||||
Dividend reclaims | 47 | 108 | 614 | — | — | |||||||||||||||
Variation margin | — | — | — | 7 | 62 | |||||||||||||||
Other | — | — | — | 10 | — | |||||||||||||||
Prepaid expenses | 2 | 5 | 3 | 6 | 5 | |||||||||||||||
Swap agreements, at value | — | — | — | 2,891 | 1,014 | |||||||||||||||
Unrealized appreciation on forward foreign currency contracts | — | — | — | 1,366 | 994 | |||||||||||||||
$ | 348,862 | $ | 731,536 | $ | 552,157 | $ | 1,001,359 | $ | 1,041,892 | |||||||||||
Liabilities: | ||||||||||||||||||||
Cash deposit due to custodian | — | — | — | 3,300 | 1,270 | |||||||||||||||
Accounts payable and accrued liabilities: | ||||||||||||||||||||
Investment securities purchased | 1,965 | 4,256 | 242 | 124,449 | 327,724 | |||||||||||||||
Shares of beneficial interest redeemed | 146 | 44 | 84 | 551 | 260 | |||||||||||||||
Management and advisory fees | 218 | 466 | 391 | 475 | 378 | |||||||||||||||
Transfer agent fees | 2 | 2 | 2 | 5 | 4 | |||||||||||||||
Custody fees | 20 | 8 | 23 | 16 | 16 | |||||||||||||||
Administration fees | 5 | 12 | 9 | 14 | 11 | |||||||||||||||
Audit and tax fees | 12 | 10 | 10 | 12 | 12 | |||||||||||||||
Interest payable | — | — | — | 21 | 96 | |||||||||||||||
Other | 2 | 5 | 6 | 7 | 9 | |||||||||||||||
Collateral for securities on loan | 27,124 | 1 | 15,209 | — | 16,992 | |||||||||||||||
Reverse repurchase agreement, at value | — | — | — | 23,564 | — | |||||||||||||||
Written options and swaptions, at value | — | — | — | 1,654 | 2,188 | |||||||||||||||
Swap agreements, at value | — | — | — | 667 | 719 | |||||||||||||||
Securities sold short, at value | — | — | — | — | 22,492 | |||||||||||||||
Unrealized depreciation on forward foreign currency contracts | — | — | — | 659 | 2,000 | |||||||||||||||
29,494 | 4,804 | 15,976 | 155,394 | 374,171 | ||||||||||||||||
Net assets | $ | 319,368 | $ | 726,732 | $ | 536,181 | $ | 845,965 | $ | 667,721 | ||||||||||
Net assets consist of: | ||||||||||||||||||||
Shares of beneficial interest, unlimited shares authorized, no par value | $ | 366,382 | $ | 616,085 | $ | 442,819 | $ | 746,226 | $ | 638,260 | ||||||||||
Undistributed (accumulated) net investment income (loss) | (5,052 | ) | 210 | 5,579 | 1,524 | (1,378 | ) | |||||||||||||
Undistributed (accumulated) net realized gain (loss) from investments | (107,002 | ) | (34,357 | ) | 26,790 | 25,337 | 20,476 | |||||||||||||
Net unrealized appreciation (depreciation) on: | ||||||||||||||||||||
Investment securities | 65,029 | 144,790 | 60,900 | 69,625 | 13,200 | |||||||||||||||
Futures contracts | — | — | — | 65 | (198 | ) | ||||||||||||||
Written option and swaption contracts | — | — | — | 654 | (717 | ) | ||||||||||||||
Swap agreements | — | — | — | 2,097 | (938 | ) | ||||||||||||||
Translation of assets and liabilities denominated in foreign currencies | 11 | 4 | 93 | 437 | (779 | ) | ||||||||||||||
Securities sold short | — | — | — | — | (205 | ) | ||||||||||||||
Net assets | $ | 319,368 | $ | 726,732 | $ | 536,181 | $ | 845,965 | $ | 667,721 | ||||||||||
Shares outstanding | 26,015 | 61,700 | 58,854 | 72,867 | 61,830 | |||||||||||||||
Net asset value and offering price per share | $ | 12.28 | $ | 11.78 | $ | 9.11 | $ | 11.61 | $ | 10.80 | ||||||||||
Investment securities, at cost | $ | 278,579 | $ | 574,918 | $ | 467,428 | $ | 908,768 | $ | 716,397 | ||||||||||
Repurchase agreement, at cost | $ | 2,818 | $ | 7,499 | $ | 22,040 | $ | — | $ | 120,900 | ||||||||||
Reverse repurchase agreement, at cost | $ | — | $ | — | $ | — | $ | (23,564 | ) | $ | — | |||||||||
Foreign currency, at cost | $ | 3 | $ | — | $ | — | $ | 522 | $ | 715 | ||||||||||
Securities loaned, at value | $ | 25,887 | $ | 1 | $ | 14,497 | $ | — | $ | 16,654 | ||||||||||
Premium received on written option & swaption contracts | $ | — | $ | — | $ | — | $ | 2,308 | $ | 1,471 | ||||||||||
Premium paid (received) on swap assets agreements | $ | — | $ | — | $ | — | $ | 430 | $ | 1,024 | ||||||||||
Premium paid (received) on swap liabilities agreements | $ | — | $ | — | $ | — | $ | (303 | ) | $ | 209 | |||||||||
Proceeds received from securities sold short | $ | — | $ | — | $ | — | $ | — | $ | 22,287 | ||||||||||
(a) | Rounds to less than $1. |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 203
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For the year ended October 31, 2010
(all amounts in thousands)
Transamerica | Transamerica | ||||||||||||||||||||
Clarion Global | MFS | Transamerica | Transamerica | ||||||||||||||||||
Real Estate | Transamerica | International | PIMCO Real | PIMCO Total | |||||||||||||||||
Securities | Jennison Growth | Equity | Return TIPS | Return | |||||||||||||||||
Investment income: | |||||||||||||||||||||
Dividend income | $ | 10,243 | $ | 6,854 | $ | 11,483 | $ | 29 | $ | 319 | |||||||||||
Withholding taxes on foreign income | (413 | ) | (120 | ) | (1,154 | ) | — | (a) | (2 | ) | |||||||||||
Interest income | 2 | 1 | 1 | 26,383 | 23,477 | ||||||||||||||||
Securities lending income (net) | 121 | 7 | 361 | 3 | 13 | ||||||||||||||||
9,953 | 6,742 | 10,691 | 26,415 | 23,807 | |||||||||||||||||
Expenses: | |||||||||||||||||||||
Management and advisory | 2,458 | 5,678 | 3,875 | 5,711 | 3,891 | ||||||||||||||||
Transfer agent | 8 | 19 | 12 | 24 | 17 | ||||||||||||||||
Printing and shareholder reports | 3 | 7 | 5 | 8 | 6 | ||||||||||||||||
Custody | 239 | 97 | 278 | 280 | 279 | ||||||||||||||||
Administration | 62 | 150 | 87 | 174 | 118 | ||||||||||||||||
Legal | 10 | 23 | 15 | 28 | 20 | ||||||||||||||||
Audit and tax | 16 | 18 | 14 | 18 | 18 | ||||||||||||||||
Trustees | 6 | 16 | 9 | 19 | 13 | ||||||||||||||||
Registration | 3 | 12 | 3 | 1 | 4 | ||||||||||||||||
Interest on securities sold short | — | — | — | — | 18 | ||||||||||||||||
Other | 5 | 15 | 6 | 11 | 8 | ||||||||||||||||
Total expenses | 2,810 | 6,035 | 4,304 | 6,274 | 4,392 | ||||||||||||||||
Net investment income | 7,143 | 707 | 6,387 | 20,141 | 19,415 | ||||||||||||||||
Net realized gain (loss) on transactions from: | |||||||||||||||||||||
Investment securities | (6,610 | ) | 17,662 | 28,449 | 50,369 | 12,593 | |||||||||||||||
Futures contracts | — | — | — | 3,219 | 5,971 | ||||||||||||||||
Written option and swaption contracts | — | — | — | 3,365 | 2,638 | ||||||||||||||||
Swap agreements | — | — | — | (1,410 | ) | (696 | ) | ||||||||||||||
Foreign currency transactions | (179 | ) | (1 | ) | (809 | ) | 663 | 1,781 | |||||||||||||
Securities sold short | — | — | — | 1,389 | — | ||||||||||||||||
(6,789 | ) | 17,661 | 27,640 | 57,595 | 22,287 | ||||||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on: | |||||||||||||||||||||
Investment securities | 60,765 | 84,110 | 24,720 | 26,376 | 24,126 | ||||||||||||||||
Futures contracts | — | — | — | (951 | ) | (2,329 | ) | ||||||||||||||
Written option and swaption contracts | — | — | — | (685 | ) | (1,244 | ) | ||||||||||||||
Swap agreements | — | — | — | 1,120 | (3,042 | ) | |||||||||||||||
Translation of assets and liabilities denominated in foreign currencies | 19 | 3 | 43 | 1 | (576 | ) | |||||||||||||||
Securities sold short | — | — | — | — | 100 | ||||||||||||||||
Change in unrealized appreciation (depreciation): | 60,784 | 84,113 | 24,763 | 25,861 | 17,035 | ||||||||||||||||
Net realized and unrealized gain | 53,995 | 101,774 | 52,403 | 83,456 | 39,322 | ||||||||||||||||
Net increase in net assets resulting from operations | $ | 61,138 | $ | 102,481 | $ | 58,790 | $ | 103,597 | $ | 58,737 | |||||||||||
(a) | Rounds to less than $1. |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
Page 204
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For the years ended:
(all amounts in thousands)
Transamerica Clarion Global Real | Transamerica MFS International | |||||||||||||||||||||||
Estate Securities | Transamerica Jennison Growth(a) | Equity | ||||||||||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||||||||
From operations: | ||||||||||||||||||||||||
Net investment income | $ | 7,143 | $ | 7,400 | $ | 707 | $ | 399 | $ | 6,387 | $ | 3,342 | ||||||||||||
Net realized gain (loss)(a) | (6,789 | ) | (63,293 | ) | 17,661 | (19,056 | ) | 27,640 | 9,915 | |||||||||||||||
Change in unrealized appreciation (depreciation)(b) | 60,784 | 95,184 | 84,113 | 83,220 | 24,763 | 53,874 | ||||||||||||||||||
Net increase in net assets resulting from operations | 61,138 | 39,291 | 102,481 | 64,563 | 58,790 | 67,131 | ||||||||||||||||||
Distributions to shareholders: | ||||||||||||||||||||||||
From net investment income: | ||||||||||||||||||||||||
Class A | (30 | ) | — | — | ||||||||||||||||||||
Class B | (10 | ) | — | — | ||||||||||||||||||||
Class C | (17 | ) | — | — | ||||||||||||||||||||
Class I2 | (19,485 | ) | (4,922 | ) | (765 | ) | (430 | ) | (3,209 | ) | — | |||||||||||||
(19,485 | ) | (4,979 | ) | (765 | ) | (430 | ) | (3,209 | ) | — | ||||||||||||||
From net realized gains: | ||||||||||||||||||||||||
Class I2 | — | — | — | — | (10,017 | ) | — | |||||||||||||||||
Total distributions to shareholders | (19,485 | ) | (4,979 | ) | (765 | ) | (430 | ) | (13,226 | ) | — | |||||||||||||
Capital share transactions: | ||||||||||||||||||||||||
Proceeds from shares sold: | ||||||||||||||||||||||||
Class A | 1 | 27 | 27 | |||||||||||||||||||||
Class B | — | 3 | 6 | |||||||||||||||||||||
Class I2 | 16,904 | 15,388 | 79,136 | 451,224 | 163,943 | 321,484 | ||||||||||||||||||
16,904 | 15,389 | 79,136 | 451,254 | 163,943 | 321,517 | |||||||||||||||||||
Dividends and distributions reinvested: | ||||||||||||||||||||||||
Class A | 27 | — | — | |||||||||||||||||||||
Class B | 9 | — | — | |||||||||||||||||||||
Class C | 16 | — | — | |||||||||||||||||||||
Class I2 | 19,485 | 4,922 | 765 | 430 | 13,226 | — | ||||||||||||||||||
19,485 | 4,974 | 765 | 430 | 13,226 | — | |||||||||||||||||||
Cost of shares redeemed: | ||||||||||||||||||||||||
Class A | (3,025 | ) | (7,471 | ) | (9,247 | ) | ||||||||||||||||||
Class B | (962 | ) | (5,295 | ) | (3,533 | ) | ||||||||||||||||||
Class C | (1,216 | ) | (2,986 | ) | (2,363 | ) | ||||||||||||||||||
Class I2 | (44,176 | ) | (895 | ) | (109,495 | ) | (44,034 | ) | (83,306 | ) | (30,496 | ) | ||||||||||||
(44,176 | ) | (6,098 | ) | (109,495 | ) | (59,786 | ) | (83,306 | ) | (45,639 | ) | |||||||||||||
Automatic conversions: | ||||||||||||||||||||||||
Class A | 126 | 1,268 | 2,402 | |||||||||||||||||||||
Class B | (126 | ) | (1,268 | ) | (2,402 | ) | ||||||||||||||||||
— | — | — | ||||||||||||||||||||||
Net increase (decrease) in net assets resulting from capital shares transactions | (7,787 | ) | 14,265 | (29,594 | ) | 391,898 | 93,863 | 275,878 | ||||||||||||||||
Net increase in net assets | 33,866 | 48,577 | 72,122 | 456,031 | 139,427 | 343,009 | ||||||||||||||||||
Net assets: | ||||||||||||||||||||||||
Beginning of year | $ | 285,502 | $ | 236,925 | $ | 654,610 | $ | 198,579 | $ | 396,754 | $ | 53,745 | ||||||||||||
End of year | $ | 319,368 | $ | 285,502 | $ | 726,732 | $ | 654,610 | $ | 536,181 | $ | 396,754 | ||||||||||||
Undistributed (accumulated) net investment income (loss) | $ | (5,052 | ) | $ | 3,532 | $ | 210 | $ | 279 | $ | 5,579 | $ | 3,132 | |||||||||||
The notes to the financial statements are an integral part of this report. | ||
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For the years ended:
(all amounts in thousands)
Transamerica Clarion Global Real | Transamerica MFS International | |||||||||||||||||||||||
Estate Securities | Transamerica Jennison Growth(a) | Equity | ||||||||||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||||||||
Share activity: | ||||||||||||||||||||||||
Shares issued: | ||||||||||||||||||||||||
Class A | — | 3 | 9 | |||||||||||||||||||||
Class B | — | — | 3 | |||||||||||||||||||||
Class I2 | 1,574 | 1,667 | 7,228 | 47,919 | 19,478 | 46,747 | ||||||||||||||||||
1,574 | 1,667 | 7,228 | 47,922 | 19,478 | 46,759 | |||||||||||||||||||
Shares issued-reinvested from distributions: | ||||||||||||||||||||||||
Class A | 3 | — | — | |||||||||||||||||||||
Class B | 1 | — | — | |||||||||||||||||||||
Class C | 2 | — | — | |||||||||||||||||||||
Class I2 | 1,785 | 573 | 70 | 56 | 1,572 | — | ||||||||||||||||||
1,785 | 579 | 70 | 56 | 1,572 | — | |||||||||||||||||||
Shares redeemed: | ||||||||||||||||||||||||
Class A | (299 | ) | (774 | ) | (2,815 | ) | ||||||||||||||||||
Class B | (95 | ) | (600 | ) | (1,312 | ) | ||||||||||||||||||
Class C | (118 | ) | (334 | ) | (864 | ) | ||||||||||||||||||
Class I2 | (3,865 | ) | (93 | ) | (9,973 | ) | (5,706 | ) | (10,835 | ) | (4,342 | ) | ||||||||||||
(3,865 | ) | (605 | ) | (9,973 | ) | (7,414 | ) | (10,835 | ) | (9,333 | ) | |||||||||||||
Automatic conversions: | ||||||||||||||||||||||||
Class A | 15 | 143 | 895 | |||||||||||||||||||||
Class B | (15 | ) | (153 | ) | (1,050 | ) | ||||||||||||||||||
— | (10 | ) | (155 | ) | ||||||||||||||||||||
Net increase (decrease) in shares outstanding: | ||||||||||||||||||||||||
Class A | (281 | ) | (628 | ) | (1,911 | ) | ||||||||||||||||||
Class B | (109 | ) | (753 | ) | (2,359 | ) | ||||||||||||||||||
Class C | (116 | ) | (334 | ) | (864 | ) | ||||||||||||||||||
Class I2 | (506 | ) | 2,147 | (2,675 | ) | 42,269 | 10,215 | 42,405 | ||||||||||||||||
(506 | ) | 1,641 | (2,675 | ) | 40,554 | 10,215 | 37,271 | |||||||||||||||||
The notes to the financial statements are an integral part of this report. | ||
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For the years ended:
(all amounts in thousands)
Transamerica PIMCO Real Return | ||||||||||||||||
TIPS | Transamerica PIMCO Total Return | |||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||
From operations: | ||||||||||||||||
Net investment income | $ | 20,141 | $ | 21,900 | $ | 19,415 | $ | 26,509 | ||||||||
Net realized gain (loss)(a) | 57,595 | 9,781 | 22,287 | 24,942 | ||||||||||||
Change in unrealized appreciation (depreciation)(b) | 25,861 | 96,351 | 17,035 | 61,021 | ||||||||||||
Net increase in net assets resulting from operations | 103,597 | 128,032 | 58,737 | 112,472 | ||||||||||||
Distributions to shareholders: | ||||||||||||||||
From net investment income: | ||||||||||||||||
Class A | (69 | ) | (273 | ) | ||||||||||||
Class B | (51 | ) | (248 | ) | ||||||||||||
Class C | (44 | ) | (185 | ) | ||||||||||||
Class I2 | (30,698 | ) | (22,794 | ) | (18,210 | ) | (35,568 | ) | ||||||||
(30,698 | ) | (22,958 | ) | (18,210 | ) | (36,274 | ) | |||||||||
From net realized gains: | ||||||||||||||||
Class A | (13 | ) | (92 | ) | ||||||||||||
Class B | (10 | ) | (89 | ) | ||||||||||||
Class C | (8 | ) | (62 | ) | ||||||||||||
Class I2 | (3,862 | ) | (34,549 | ) | (11,115 | ) | ||||||||||
(3,893 | ) | (34,549 | ) | (11,358 | ) | |||||||||||
Total distributions to shareholders | (30,698 | ) | (26,851 | ) | (52,759 | ) | (47,632 | ) | ||||||||
Capital share transactions: | ||||||||||||||||
Proceeds from shares sold: | ||||||||||||||||
Class A | 9 | 3 | ||||||||||||||
Class B | 1 | 7 | ||||||||||||||
Class C | 7 | 15 | ||||||||||||||
Class I2 | 237,676 | 90,261 | 117,089 | 14,123 | ||||||||||||
237,676 | 90,278 | 117,089 | 14,148 | |||||||||||||
Dividends and distributions reinvested: | ||||||||||||||||
Class A | 69 | 318 | ||||||||||||||
Class B | 49 | 283 | ||||||||||||||
Class C | 43 | 195 | ||||||||||||||
Class I2 | 30,698 | 26,655 | 52,759 | 46,683 | ||||||||||||
30,698 | 26,816 | 52,759 | 47,479 | |||||||||||||
Cost of shares redeemed: | ||||||||||||||||
Class A | (2,950 | ) | (5,808 | ) | ||||||||||||
Class B | (1,787 | ) | (5,045 | ) | ||||||||||||
Class C | (1,688 | ) | (3,675 | ) | ||||||||||||
Class I2 | (248,031 | ) | (85,752 | ) | (13,434 | ) | (174,373 | ) | ||||||||
(248,031 | ) | (92,177 | ) | (13,434 | ) | (188,901 | ) | |||||||||
Automatic conversions: | ||||||||||||||||
Class A | 233 | 367 | ||||||||||||||
Class B | (233 | ) | (367 | ) | ||||||||||||
— | — | |||||||||||||||
Net increase (decrease) in net assets resulting from capital shares transactions | 20,343 | 24,917 | 156,414 | (127,274 | ) | |||||||||||
Net increase (decrease) in net assets | 93,242 | 126,098 | 162,392 | (62,434 | ) | |||||||||||
Net assets: | ||||||||||||||||
Beginning of year | $ | 752,723 | $ | 626,625 | $ | 505,329 | $ | 567,763 | ||||||||
End of year | $ | 845,965 | $ | 752,723 | $ | 667,721 | $ | 505,329 | ||||||||
Undistributed (accumulated) net investment income (loss) | $ | 1,524 | $ | 8,924 | $ | (1,378 | ) | $ | 854 | |||||||
The notes to the financial statements are an integral part of this report. | ||
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For the years ended:
(all amounts in thousands)
Transamerica PIMCO Real Return | ||||||||||||||||
TIPS | Transamerica PIMCO Total Return | |||||||||||||||
October 31, 2010 | October 31, 2009 | October 31, 2010 | October 31, 2009 | |||||||||||||
Share activity: | ||||||||||||||||
Shares issued: | ||||||||||||||||
Class A | 1 | 1 | ||||||||||||||
Class C | 1 | 2 | ||||||||||||||
Class I2 | 21,982 | 9,035 | 11,287 | 1,332 | ||||||||||||
21,982 | 9,037 | 11,287 | 1,335 | |||||||||||||
Shares issued-reinvested from distributions: | ||||||||||||||||
Class A | 7 | 33 | ||||||||||||||
Class B | 5 | 30 | ||||||||||||||
Class C | 4 | 20 | ||||||||||||||
Class I2 | 2,849 | 2,650 | 5,207 | 4,858 | ||||||||||||
2,849 | 2,666 | 5,207 | 4,941 | |||||||||||||
Shares redeemed: | ||||||||||||||||
Class A | (285 | ) | (547 | ) | ||||||||||||
Class B | (173 | ) | (479 | ) | ||||||||||||
Class C | (165 | ) | (347 | ) | ||||||||||||
Class I2 | (22,176 | ) | (8,878 | ) | (1,250 | ) | (17,605 | ) | ||||||||
(22,176 | ) | (9,501 | ) | (1,250 | ) | (18,978 | ) | |||||||||
Automatic conversions: | ||||||||||||||||
Class A | 24 | 37 | ||||||||||||||
Class B | (24 | ) | (37 | ) | ||||||||||||
— | — | |||||||||||||||
Net increase (decrease) in shares outstanding: | ||||||||||||||||
Class A | (253 | ) | (476 | ) | ||||||||||||
Class B | (192 | ) | (486 | ) | ||||||||||||
Class C | (160 | ) | (325 | ) | ||||||||||||
Class I2 | 2,655 | 2,807 | 15,244 | (11,415 | ) | |||||||||||
2,655 | 2,202 | 15,244 | (12,702 | ) | ||||||||||||
(a) | Net realized gain (loss) includes all items listed in the Statements of Operations. | |
(b) | Change in unrealized appreciation (depreciation) includes all items listed in the Statements of Operations. |
The notes to the financial statements are an integral part of this report. | ||
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For the periods and years ended:
Transamerica Clarion Global Real Estate Securities | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006(a) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 10.77 | $ | 9.52 | $ | 20.48 | $ | 20.25 | $ | 15.85 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.26 | 0.29 | 0.32 | 0.36 | 0.21 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 1.98 | 1.15 | (8.33 | ) | 2.45 | 5.85 | ||||||||||||||
Total from investment operations | 2.24 | 1.44 | (8.01 | ) | 2.81 | 6.06 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.73 | ) | (0.19 | ) | (0.90 | ) | (0.80 | ) | (0.28 | ) | ||||||||||
Net realized gains on investments | — | — | (2.05 | ) | (1.78 | ) | (1.38 | ) | ||||||||||||
Total distributions | (0.73 | ) | (0.19 | ) | (2.95 | ) | (2.58 | ) | (1.66 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | 12.28 | $ | 10.77 | $ | 9.52 | $ | 20.48 | $ | 20.25 | |||||||||||
Total return(c) | 21.70 | % | 15.72 | % | (44.82 | %) | 15.11 | % | 41.43 | % (d) | ||||||||||
Net assets end of year (000’s) | $ | 319,368 | $ | 285,502 | $ | 232,115 | $ | 367,750 | $ | 331,620 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | 0.91 | % | 0.93 | % | 0.89 | % | 0.88 | % | 0.91 | % (e) | ||||||||||
Net investment income, to average net assets | 2.31 | % | 3.30 | % | 2.29 | % | 1.29 | % | 1.27 | % (e) | ||||||||||
Portfolio turnover rate | 62 | % | 61 | % | 41 | % | 72 | % | 76 | % (d) |
Transamerica Jennison Growth | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006(a) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | 10.17 | $ | 8.37 | $ | 13.05 | $ | 11.40 | $ | 11.43 | |||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.01 | 0.01 | 0.02 | 0.03 | — | (f) | ||||||||||||||
Net realized and unrealized gain (loss) on investments | 1.61 | 1.81 | (4.68 | ) | 2.08 | 0.18 | ||||||||||||||
Total from investment operations | 1.62 | 1.82 | (4.66 | ) | 2.11 | 0.18 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.01 | ) | (0.02 | ) | (0.02 | ) | — | — | ||||||||||||
Net realized gains on investments | — | — | — | (0.46 | ) | (0.21 | ) | |||||||||||||
Total distributions | (0.01 | ) | (0.02 | ) | (0.02 | ) | (0.46 | ) | (0.21 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | 11.78 | $ | 10.17 | $ | 8.37 | $ | 13.05 | $ | 11.40 | |||||||||||
Total return(c) | 15.96 | % | 21.79 | % | (35.77 | %) | 19.14 | % | 1.50 | % (d) | ||||||||||
Net assets end of year (000’s) | $ | 726,732 | $ | 654,610 | $ | 184,981 | $ | 160,815 | $ | 96,273 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | 0.81 | % | 0.85 | % | 0.85 | % | 0.87 | % | 0.89 | % (e) | ||||||||||
Net investment income (loss), to average net assets | 0.09 | % | 0.16 | % | 0.21 | % | 0.22 | % | (0.02 | %) (e) | ||||||||||
Portfolio turnover rate | 83 | % | 82 | % | 70 | % | 63 | % | 80 | % (d) |
The notes to the financial statements are an integral part of this report. | ||
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For the periods and years ended:
Transamerica MFS International Equity | ||||||||||||
October 31, | October 31, | October 31, | ||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008(g) | |||||||||
Net asset value | ||||||||||||
Beginning of year | $ | 8.16 | $ | 6.58 | $ | 10.00 | ||||||
Investment operations | ||||||||||||
Net investment income(b) | 0.12 | 0.12 | 0.02 | |||||||||
Net realized and unrealized gain (loss) on investments | 1.09 | 1.46 | (3.44 | ) | ||||||||
Total from investment operations | 1.21 | 1.58 | (3.42 | ) | ||||||||
Distributions | ||||||||||||
Net investment income | (0.06 | ) | — | — | ||||||||
Net realized gains on investments | (0.20 | ) | — | — | ||||||||
Total distributions | (0.26 | ) | — | — | ||||||||
Net asset value | ||||||||||||
End of year | $ | 9.11 | $ | 8.16 | $ | 6.58 | ||||||
Total return(c) | 15.16 | % | 24.01 | % | (34.20 | %) (d) | ||||||
Net assets end of year (000’s) | $ | 536,181 | $ | 396,754 | $ | 40,997 | ||||||
Ratio and supplemental data | ||||||||||||
Expenses to average net assets | 0.99 | % | 1.09 | % | 1.23 | % (e) | ||||||
Net investment income, to average net assets | 1.47 | % | 1.78 | % | 0.71 | % (e) | ||||||
Portfolio turnover rate | 35 | % | 24 | % | 37 | % (d) |
Transamerica PIMCO Real Return TIPS | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 10.72 | $ | 9.21 | $ | 10.21 | $ | 10.05 | $ | 10.25 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.25 | 0.32 | 0.47 | 0.38 | 0.48 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 1.04 | 1.58 | (0.96 | ) | 0.16 | (0.22 | ) | |||||||||||||
Total from investment operations | 1.29 | 1.90 | (0.49 | ) | 0.54 | 0.26 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.40 | ) | (0.33 | ) | (0.51 | ) | (0.38 | ) | (0.45 | ) | ||||||||||
Net realized gains on investments | — | (0.06 | ) | — | — | (0.01 | ) | |||||||||||||
Total distributions | (0.40 | ) | (0.39 | ) | (0.51 | ) | (0.38 | ) | (0.46 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 11.61 | $ | 10.72 | $ | 9.21 | $ | 10.21 | $ | 10.05 | ||||||||||
Total return(c) | 12.40 | % | 21.00 | % | (5.29 | %) | 5.54 | % | 2.55 | % | ||||||||||
Net assets end of year (000’s) | $ | 845,965 | $ | 752,723 | $ | 621,092 | $ | 690,942 | $ | 603,597 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | 0.72 | % | 0.74 | % | 0.74 | % | 0.73 | % | 0.73 | % | ||||||||||
Net investment income, to average net assets | 2.32 | % | 3.23 | % | 4.47 | % | 3.82 | % | 4.79 | % | ||||||||||
Portfolio turnover rate | 307 | % | 583 | % | 1,028 | % | 375 | % | 384 | % |
The notes to the financial statements are an integral part of this report. | ||
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For the periods and years ended:
Transamerica PIMCO Total Return | ||||||||||||||||||||
October 31, | October 31, | October 31, | October 31, | October 31, | ||||||||||||||||
For a share outstanding throughout each period | 2010 | 2009 | 2008 | 2007 | 2006(a) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 10.85 | $ | 9.58 | $ | 10.47 | $ | 10.28 | $ | 10.12 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income(b) | 0.35 | 0.49 | 0.49 | 0.46 | 0.41 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.67 | 1.64 | (0.88 | ) | 0.18 | 0.12 | ||||||||||||||
Total from investment operations | 1.02 | 2.13 | (0.39 | ) | 0.64 | 0.53 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | (0.34 | ) | (0.67 | ) | (0.44 | ) | (0.44 | ) | (0.37 | ) | ||||||||||
Net realized gains on investments | (0.73 | ) | (0.19 | ) | (0.06 | ) | (0.01 | ) | ||||||||||||
Total distributions | (1.07 | ) | (0.86 | ) | (0.50 | ) | (0.45 | ) | (0.37 | ) | ||||||||||
Net asset value | ||||||||||||||||||||
End of year | 10.80 | $ | 10.85 | $ | 9.58 | $ | 10.47 | $ | 10.28 | |||||||||||
Total return(c) | 10.25 | % | 23.74 | % | (4.04 | %) | 6.33 | % | 5.33 | % (d) | ||||||||||
Net assets end of year (000’s) | $ | 667,721 | $ | 505,329 | $ | 555,428 | $ | 540,310 | $ | 268,173 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets | 0.74 | % (h) | 0.74 | % | 0.75 | % | 0.75 | % | 0.80 | % (e) | ||||||||||
Net investment income, to average net assets | 3.30 | % (h) | 4.95 | % | 4.66 | % | 4.39 | % | 4.18 | % (e) | ||||||||||
Portfolio turnover rate | 222 | % | 841 | % | 751 | % | 756 | % | 544 | % (d) |
(a) | Commenced operations on November 15, 2005. | |
(b) | Calculated based on average number of shares outstanding. | |
(c) | Total return has been calculated for the applicable period without deduction of a sales load, if any, on an initial purchase. | |
(d) | Not annualized. | |
(e) | Annualized. | |
(f) | Rounds to less than $(0.01) or $0.01. | |
(g) | Commenced operations on June 10, 2008. | |
(h) | Includes dividends and/or interest on securities sold short representing less than 0.01% of average net assets for 2010. |
The notes to the financial statements are an integral part of this report. | ||
Transamerica Funds | Annual Report 2010 |
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John M. Liew
Brian K. Hurst
Lasse H. Pedersen
Yao Hua Ooi
AQR Capital Management, LLC
Transamerica Funds | Annual Report 2010 |
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10 Years or | ||||||||
Life of Fund | Inception Date | |||||||
Class I2 (NAV) | 1.60 | %(a) | 09/30/2010 | |||||
Citigroup 3-Month Treasury Bill* | 0.62 | %(a) | 09/30/2010 |
* | The Citigroup 3-Month Treasury Bill + 7% Wrap Index (“Citigroup 3-Month Treasury Bill”) is an unmanaged index used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. Return calculation starts on 09/30/2010 and does not include the alignment of the fund’s buy-in date of 09/29/2010. You cannot invest directly in an index. |
(a) | Not annualized. |
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(formerly, Transamerica BlackRock Natural Resources)
(unaudited)
Michael Johnson
John Calvaruso
Goldman Sachs Asset Management, L.P.
Transamerica Funds | Annual Report 2010 |
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(formerly, Transamerica BlackRock Natural Resources)
(unaudited)
10 Years or | ||||||||||||
1 Year | Life of Fund | Inception Date | ||||||||||
Class I2 (NAV) | 12.61 | % | 3.75 | % | 01/03/2007 | |||||||
Dow Jones-UBS Commodity * | 11.69 | % | (3.16 | )% | 01/03/2007 | |||||||
MSCI Natural Resources * | 13.87 | % | 2.82 | % | 01/03/2007 |
* | The Dow Jones-UBS Commodity Index (“Dow Jones-UBS Commodity”) and the Morgan Stanley Capital International Natural Resources Index (“MSCI Natural Resources”) are unmanaged indices used as a general measure of market performance. Calculations assume dividends and capital gains are reinvested and do not include any managerial expenses. The 10 Years or Life of Fund calculation is based on the inception date of the fund. You cannot invest directly in an index. |
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(unaudited)
Actual Expenses | Hypothetical Expenses (c) | |||||||||||||||||||||||
Beginning | Ending Account | Expenses Paid | Ending Account | Expenses Paid | Annualized | |||||||||||||||||||
Fund Name | Account Value | Value | During Period | Value | During Period | Expense Ratio | ||||||||||||||||||
Transamerica AQR Managed Futures Strategy | $ | 1,000.00 | $ | 1,016.00 | $ | 1.18 | (a) | $ | 1,003.07 | $ | 1.17 | (a) | 1.38 | % | ||||||||||
Transamerica Goldman Sachs Commodity Strategy | 1,000.00 | 1,029.30 | 4.35 | (b) | 1,020.92 | 4.33 | (b) | 0.85 | % |
(a) | Expenses are calculated using the fund’s annualized expense ratio (as disclosed in the table), multiplied by the average account value for the period, multiplied by the number of days in the period (31 days), and divided by the number of days in the year (365 days). | |
(b) | Expenses are calculated using the fund’s annualized expense ratio (as disclosed in the table), multiplied by the average account value for the period, multiplied by the number of days in the period (184 days), and divided by the number of days in the year (365 days). | |
(c) | 5% return per year before expenses. |
Transamerica Funds | Annual Report 2010 |
Page 216
Table of Contents
At October 31, 2010
(The following charts summarize the Consolidated Schedules of Investments of the funds by asset type)
(unaudited)
Transamerica AQR Managed Futures Strategy | ||||
Investment Company | 91.8 | % | ||
Other Assets and Liabilities — Net | 8.2 | (a) | ||
Total | 100.0 | % | ||
Transamerica Goldman Sachs Commodity Strategy | ||||
(formerly, Transamerica BlackRock Natural Resources) | ||||
Short-Term U.S. Government Obligation | 76.2 | % | ||
Repurchase Agreement | 17.8 | |||
Other Assets and Liabilities — Net | 6.0 | (a) | ||
Total | 100.0 | % | ||
(a) | The Other Assets and Liabilities — Net category may include, but is not limited to, Forward Currencies Contracts, Futures Contracts, Swap Agreements, Written Options and Swaptions, Securities Sold Short, and Cash Collateral. |
Transamerica Funds | Annual Report 2010 |
Page 217
Table of Contents
CONSOLIDATED SCHEDULE OF INVESTMENTS
At October 31, 2010
(all amounts except share amounts in thousands)
Shares | Value | |||||||
INVESTMENT COMPANIES - 91.8% | ||||||||
Capital Markets - 91.8% | ||||||||
BlackRock Liquidity Funds TempFund Portfolio | 94,704,432 | $ | 94,705 | |||||
State Street Institutional Liquid Reserves Fund | 71,028,324 | 71,028 | ||||||
UBS Select Prime Preferred Fund | 71,028,324 | 71,028 | ||||||
Total Investment Companies (cost $236,761) # | 236,761 | |||||||
Other Assets and Liabilities — Net | 21,126 | |||||||
Net Assets | $ | 257,887 | ||||||
(Pay)/Receive | Net Unrealized | |||||||||||||||||||||||
Pay/Receive | Fixed Price | Expiration | Market | Premiums | Appreciation | |||||||||||||||||||
Fixed Price(a) | Reference Entity | Per Unit | Date | Counterparty | # of Units | Value | Paid/(Received) | (Depreciation) | ||||||||||||||||
Receive | CBOT 2-Year U.S. Treasury Note December | 109.76 -109.83 | 11/30/2010 | BOA | 325 | $ | 134 | $ | — | $ | 134 | |||||||||||||
Receive | CBOT Wheat December Futures | 6.62 - 7.25 | 11/26/2010 | BRC | 50,000 | 10 | — | 10 | ||||||||||||||||
Receive | Cocoa December Futures | 2,854 | 11/5/2010 | BRC | 20 | (1 | ) | — | (1 | ) | ||||||||||||||
Pay | Cocoa December Futures | (2,744) - (2,808) | 11/5/2010 | BRC | (410 | ) | (3 | ) | — | (3 | ) | |||||||||||||
Receive | NYBOT Coffee December Futures | 1.81 - 2.02 | 11/12/2010 | BRC | 787,500 | 114 | — | 114 | ||||||||||||||||
Pay | CBOT Soybeans January Futures | (11.91) | 12/23/2010 | BRC | (5,000 | ) | (2 | ) | — | (2 | ) | |||||||||||||
Receive | CBOT Soybeans January Futures | 10.71 - 12.48 | 12/23/2010 | BRC | 105,000 | 1 | — | 1 | ||||||||||||||||
Pay | CBOT Soybeans November Futures | (11.85) | 11/12/2010 | BRC | (20,000 | ) | (8 | ) | — | (8 | ) | |||||||||||||
Receive | CBOT Soybeans November Futures | 11.96 | 11/12/2010 | BRC | 20,000 | 28 | — | 28 | ||||||||||||||||
Receive | COMEX Gold December Futures | 1,318 - 1,345 | 12/1/2010 | BOA | 3,900 | 92 | — | 92 | ||||||||||||||||
Pay | COMEX Gold December Futures | (1,373.70) | 12/1/2010 | BOA | (200 | ) | 3 | — | 3 | |||||||||||||||
Receive | COMEX Silver December | 23.85 | 12/29/2010 | BOA | 15,000 | 11 | — | 11 | ||||||||||||||||
Receive | EUREX Euro SCHATZ December Futures | 109.18 - 109.20 | 12/8/2010 | MEI, BOA | 26 | (13 | ) | — | (13 | ) | ||||||||||||||
Pay | LME Aluminum December Futures | (2,405) | 12/13/2010 | BOA | (25 | ) | 2 | — | 2 | |||||||||||||||
Receive | LME Aluminum December Futures | 2,366 - 2,428 | 12/13/2010 | BOA | 700 | (27 | ) | — | (27 | ) | ||||||||||||||
Receive | LME Copper December Futures | 8,136 - 8,444 | 12/13/2010 | BOA | 800 | 9 | — | 9 | ||||||||||||||||
$ | 350 | $ | — | $ | 350 | |||||||||||||||||||
Net Unrealized | ||||||||||||||||
Appreciation | ||||||||||||||||
Description | Type | Contracts ┌ | Expiration Date | (Depreciation) | ||||||||||||
10-Year Australian Treasury Bond | Long | 103 | 12/15/2010 | $ | (159 | ) | ||||||||||
10-Year Canada Government Bond | Long | 79 | 12/20/2010 | (3 | ) | |||||||||||
10-Year Japan Government Bond | Long | 18 | 12/09/2010 | (66 | ) | |||||||||||
10-Year U.S. Treasury Note | Long | 80 | 12/21/2010 | 4 | ||||||||||||
2-Year U.S. Treasury Note | Long | 222 | 12/31/2010 | 91 | ||||||||||||
30-Year U.S. Treasury Bond | Long | 38 | 12/21/2010 | (101 | ) | |||||||||||
3-Month Aluminum | Long | 12 | 01/21/2011 | (1 | ) | |||||||||||
3-Month Aluminum | Short | (12 | ) | 01/21/2011 | 10 | |||||||||||
3-Month Aluminum Hg | Short | (8 | ) | 12/15/2010 | 12 | |||||||||||
3-Month Aluminum Hg | Long | 141 | 12/15/2010 | (141 | ) | |||||||||||
3-Month Aluminum Hg | Short | (46 | ) | 12/31/2010 | 41 | |||||||||||
3-Month Aluminum Hg | Long | 46 | 12/31/2010 | (42 | ) | |||||||||||
3-Month Aluminum Hg | Short | (6 | ) | 01/12/2011 | 11 | |||||||||||
3-Month Aluminum Hg | Long | 6 | 01/12/2011 | (12 | ) | |||||||||||
3-Month Aluminum Hg | Short | (4 | ) | 01/14/2011 | 9 | |||||||||||
3-Month Aluminum Hg | Long | 4 | 01/14/2011 | (11 | ) | |||||||||||
3-Month Aluminum Hg | Long | 3 | 01/19/2011 | (3 | ) | |||||||||||
3-Month Aluminum Hg | Short | (3 | ) | 01/19/2011 | ♦ |
Transamerica Funds | Annual Report 2010 |
Page 218
Table of Contents
CONSOLIDATED SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Net Unrealized | ||||||||||||||||
Appreciation | ||||||||||||||||
Description | Type | Contracts ┌ | Expiration Date | (Depreciation) | ||||||||||||
3-Month Aluminum Hg | Long | 2 | 01/28/2011 | $ | ♦ | |||||||||||
3-Month Aluminum Hg | Short | (2 | ) | 01/28/2011 | (1 | ) | ||||||||||
3-Month Canadian Bankers’ Acceptance | Long | 33 | 03/14/2011 | 2 | ||||||||||||
3-Month Canadian Bankers’ Acceptance | Long | 60 | 06/13/2011 | 4 | ||||||||||||
3-Month EURIBOR | Short | (3 | ) | 03/14/2011 | ♦ | |||||||||||
3-Month EURIBOR | Long | 24 | 06/13/2011 | (16 | ) | |||||||||||
3-Month EURIBOR | Long | 31 | 09/19/2011 | (25 | ) | |||||||||||
3-Month EURIBOR | Long | 34 | 12/19/2011 | (31 | ) | |||||||||||
3-Month EURIBOR | Long | 40 | 03/19/2012 | (38 | ) | |||||||||||
3-Month EURIBOR | Long | 44 | 06/18/2012 | (44 | ) | |||||||||||
3-Month EURIBOR | Long | 51 | 09/17/2012 | (51 | ) | |||||||||||
3-Month Euroswiss | Long | 105 | 03/14/2011 | 5 | ||||||||||||
3-Month Euroswiss | Long | 104 | 06/13/2011 | 7 | ||||||||||||
3-Month LME Copper | Short | (3 | ) | 01/12/2011 | 7 | |||||||||||
3-Month LME Copper | Long | 3 | 01/12/2011 | (8 | ) | |||||||||||
3-Month LME Copper | Short | (1 | ) | 01/14/2011 | 6 | |||||||||||
3-Month LME Copper | Long | 1 | 01/14/2011 | (7 | ) | |||||||||||
3-Month Nickel | Long | 8 | 12/31/2010 | (42 | ) | |||||||||||
3-Month Nickel | Short | (8 | ) | 12/31/2010 | 45 | |||||||||||
3-Month Nickel | Long | 2 | 01/12/2011 | (18 | ) | |||||||||||
3-Month Nickel | Short | (2 | ) | 01/12/2011 | 17 | |||||||||||
3-Month Nickel | Long | 2 | 01/28/2011 | (1 | ) | |||||||||||
3-Month Nickel | Short | (2 | ) | 01/28/2011 | (1 | ) | ||||||||||
3-Month Sterling | Long | 215 | 03/16/2011 | (6 | ) | |||||||||||
3-Month Sterling | Long | 197 | 06/15/2011 | (8 | ) | |||||||||||
3-Month Sterling | Long | 196 | 09/21/2011 | (7 | ) | |||||||||||
3-Month Sterling | Long | 193 | 12/21/2011 | (4 | ) | |||||||||||
3-Month Sterling | Long | 180 | 03/21/2012 | ♦ | ||||||||||||
3-Month Sterling | Long | 174 | 06/20/2012 | 5 | ||||||||||||
3-Month Sterling | Long | 161 | 09/19/2012 | 10 | ||||||||||||
3-Month Zinc | Short | (11 | ) | 12/31/2010 | (52 | ) | ||||||||||
3-Month Zinc | Long | 11 | 12/31/2010 | 48 | ||||||||||||
3-Month Zinc | Long | 2 | 01/12/2011 | 4 | ||||||||||||
3-Month Zinc | Short | (2 | ) | 01/12/2011 | (5 | ) | ||||||||||
3-Month Zinc | Short | (6 | ) | 01/14/2011 | ♦ | |||||||||||
3-Month Zinc | Long | 6 | 01/14/2011 | (1 | ) | |||||||||||
3-Year Australian Treasury Bond | Long | 56 | 12/15/2010 | (12 | ) | |||||||||||
5-Year U.S. Treasury Note | Long | 192 | 12/31/2010 | 113 | ||||||||||||
90-Day Euro | Long | 199 | 03/14/2011 | 18 | ||||||||||||
90-Day Euro | Long | 180 | 06/13/2011 | 30 | ||||||||||||
90-Day Euro | Long | 181 | 09/19/2011 | 43 | ||||||||||||
90-Day Euro | Long | 174 | 12/19/2011 | 60 | ||||||||||||
90-Day Euro | Long | 163 | 03/19/2012 | 72 | ||||||||||||
90-Day Euro | Long | 153 | 06/18/2012 | 81 | ||||||||||||
90-Day Euro | Long | 144 | 09/17/2012 | 83 | ||||||||||||
AEX Index | Long | 61 | 11/19/2010 | (8 | ) | |||||||||||
ASX SPI 200 Index | Long | 46 | 12/16/2010 | (38 | ) | |||||||||||
Brent Crude Penultimate Financial | Long | 15 | 11/12/2010 | (34 | ) | |||||||||||
CAC 40 Index | Long | 129 | 11/19/2010 | 66 | ||||||||||||
Cocoa | Short | (78 | ) | 12/15/2010 | (30 | ) | ||||||||||
Coffee | Long | 40 | 12/20/2010 | 263 | ||||||||||||
Corn | Long | 60 | 12/14/2010 | 234 | ||||||||||||
Cotton NO. 2 | Short | (1 | ) | 12/08/2010 | (1 | ) | ||||||||||
DAX Index | Long | 33 | 12/17/2010 | 311 | ||||||||||||
DJIA Mini Index | Long | 211 | 12/17/2010 | 240 |
Transamerica Funds | Annual Report 2010 |
Page 219
Table of Contents
CONSOLIDATED SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Net Unrealized | ||||||||||||||||
Appreciation | ||||||||||||||||
Description | Type | Contracts ┌ | Expiration Date | (Depreciation) | ||||||||||||
FTSE 100 Index | Long | 80 | 12/17/2010 | $ | 88 | |||||||||||
FTSE MIB Index | Long | 22 | 12/17/2010 | 87 | ||||||||||||
German Euro BOBL | Long | 94 | 12/08/2010 | (152 | ) | |||||||||||
German Euro BUND | Long | 56 | 12/08/2010 | (187 | ) | |||||||||||
German Euro BUXL | Long | 22 | 12/08/2010 | (105 | ) | |||||||||||
German Euro SCHATZ | Long | 92 | 12/08/2010 | (47 | ) | |||||||||||
Gold 100 Oz | Long | 25 | 12/29/2010 | 33 | ||||||||||||
Hang Seng Index | Long | 30 | 11/29/2010 | (121 | ) | |||||||||||
Henry Hub Natural Gas Swap | Short | (298 | ) | 11/24/2010 | (22 | ) | ||||||||||
IBEX 35 Index | Long | 11 | 11/19/2010 | 11 | ||||||||||||
Lean Hogs | Short | (133 | ) | 12/14/2010 | 104 | |||||||||||
LME Copper | Long | 15 | 12/15/2010 | (13 | ) | |||||||||||
LME Copper | Long | 1 | 01/19/2011 | (3 | ) | |||||||||||
LME Copper | Short | (1 | ) | 01/19/2011 | (1 | ) | ||||||||||
NASDAQ 100 E-Mini Index | Long | 164 | 12/17/2010 | 354 | ||||||||||||
Nickel | Long | 21 | 12/15/2010 | (172 | ) | |||||||||||
Nickel | Short | (2 | ) | 12/15/2010 | 1 | |||||||||||
Nickel | Short | (1 | ) | 01/19/2011 | 9 | |||||||||||
Nickel | Long | 1 | 01/19/2011 | (10 | ) | |||||||||||
NYMEX Heating Oil Pent | Long | 2 | 11/29/2010 | (4 | ) | |||||||||||
RBOB Gasoline Financial | Long | 3 | 11/29/2010 | (8 | ) | |||||||||||
Russell 2000 Mini Index | Long | 124 | 12/17/2010 | 248 | ||||||||||||
S&P 500 E-Mini Index | Long | 179 | 12/17/2010 | 251 | ||||||||||||
S&P Midcap 400 E-Mini Index | Long | 120 | 12/17/2010 | 247 | ||||||||||||
S&P TSE 60 Index | Long | 74 | 12/16/2010 | 134 | ||||||||||||
Silver | Long | 10 | 12/29/2010 | 95 | ||||||||||||
Soybean | Long | 132 | 01/14/2011 | 477 | ||||||||||||
Soybean Meal | Long | 112 | 12/14/2010 | 317 | ||||||||||||
Soybean Oil | Long | 155 | 12/14/2010 | 401 | ||||||||||||
Sugar #11 | Long | 89 | 02/28/2011 | 136 | ||||||||||||
Topix Index | Short | (21 | ) | 12/10/2010 | 33 | |||||||||||
United Kingdom Long Gilt Bond | Long | 49 | 12/29/2010 | (74 | ) | |||||||||||
Wheat | Long | 44 | 12/14/2010 | 91 | ||||||||||||
WTI Bullet Swap Financial | Short | (32 | ) | 11/18/2010 | 15 | |||||||||||
Zinc | Long | 38 | 12/15/2010 | 111 | ||||||||||||
Zinc | Long | 5 | 01/19/2011 | 9 | ||||||||||||
Zinc | Short | (5 | ) | 01/19/2011 | (17 | ) | ||||||||||
$ | 3,240 | |||||||||||||||
Amount in U.S. | Net Unrealized | |||||||||||||||
Settlement | Dollars Bought | Appreciation | ||||||||||||||
Currency | Bought (Sold) | Date | (Sold) | (Depreciation) | ||||||||||||
Australian Dollar | 21,698 | 12/15/2010 | $ | 20,790 | $ | 357 | ||||||||||
Australian Dollar | 6,070 | 12/15/2010 | 5,951 | (35 | ) | |||||||||||
Australian Dollar | (4,206 | ) | 12/15/2010 | (4,072 | ) | (27 | ) | |||||||||
Australian Dollar | 32,785 | 12/15/2010 | 31,426 | 528 | ||||||||||||
Australian Dollar | 6,211 | 12/15/2010 | 6,098 | (45 | ) | |||||||||||
Australian Dollar | (6,697 | ) | 12/15/2010 | (6,598 | ) | 70 | ||||||||||
Australian Dollar | 639 | 12/15/2010 | 622 | 1 | ||||||||||||
Australian Dollar | 714 | 12/15/2010 | 687 | 9 | ||||||||||||
Australian Dollar | (100 | ) | 12/15/2010 | (99 | ) | 1 | ||||||||||
Canadian Dollar | (18,640 | ) | 12/15/2010 | (18,068 | ) | (209 | ) | |||||||||
Canadian Dollar | 13,573 | 12/15/2010 | 13,300 | 9 | ||||||||||||
Canadian Dollar | 517 | 12/15/2010 | 507 | ♦ | ||||||||||||
Canadian Dollar | 6,097 | 12/15/2010 | 6,027 | (48 | ) | |||||||||||
Canadian Dollar | (14,447 | ) | 12/15/2010 | (14,069 | ) | (97 | ) |
Transamerica Funds | Annual Report 2010 |
Page 220
Table of Contents
CONSOLIDATED SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
Amount in U.S. | Net Unrealized | |||||||||||||||
Settlement | Dollars Bought | Appreciation | ||||||||||||||
Currency | Bought (Sold) | Date | (Sold) | (Depreciation) | ||||||||||||
Canadian Dollar | 14,715 | 12/15/2010 | $ | 14,451 | $ | (22 | ) | |||||||||
Canadian Dollar | 10,867 | 12/15/2010 | 10,537 | 119 | ||||||||||||
Canadian Dollar | 890 | 12/15/2010 | 871 | 2 | ||||||||||||
Euro | (2,399 | ) | 12/15/2010 | (3,315 | ) | (16 | ) | |||||||||
Euro | 1,405 | 12/15/2010 | 1,936 | 15 | ||||||||||||
Euro | 5,965 | 12/15/2010 | 8,316 | (33 | ) | |||||||||||
Euro | (8,729 | ) | 12/15/2010 | (12,173 | ) | 51 | ||||||||||
Euro | 10,570 | 12/15/2010 | 14,580 | 98 | ||||||||||||
Euro | 1,337 | 12/15/2010 | 1,854 | 2 | ||||||||||||
Euro | (18,585 | ) | 12/15/2010 | (25,400 | ) | (409 | ) | |||||||||
Euro | (5,500 | ) | 12/15/2010 | (7,652 | ) | 14 | ||||||||||
Euro | 1,121 | 12/15/2010 | 1,550 | 7 | ||||||||||||
Euro | (17,062 | ) | 12/15/2010 | (23,510 | ) | (185 | ) | |||||||||
Japanese Yen | 329,262 | 12/15/2010 | 4,050 | 42 | ||||||||||||
Japanese Yen | 30,239 | 12/15/2010 | 368 | 8 | ||||||||||||
Japanese Yen | 403,962 | 12/15/2010 | 4,932 | 89 | ||||||||||||
Japanese Yen | 536,725 | 12/15/2010 | 6,578 | 93 | ||||||||||||
Japanese Yen | 742,437 | 12/15/2010 | 9,130 | 98 | ||||||||||||
Japanese Yen | 64,825 | 12/15/2010 | 777 | 29 | ||||||||||||
Japanese Yen | 79,866 | 12/15/2010 | 956 | 37 | ||||||||||||
Japanese Yen | 175,058 | 12/15/2010 | 2,154 | 22 | ||||||||||||
Japanese Yen | 174,182 | 12/15/2010 | 2,157 | 8 | ||||||||||||
New Zealand Dollar | (318 | ) | 12/15/2010 | (240 | ) | (2 | ) | |||||||||
New Zealand Dollar | (4,963 | ) | 12/15/2010 | (3,734 | ) | (37 | ) | |||||||||
New Zealand Dollar | (10,419 | ) | 12/15/2010 | (7,613 | ) | (304 | ) | |||||||||
New Zealand Dollar | (1,732 | ) | 12/15/2010 | (1,282 | ) | (34 | ) | |||||||||
New Zealand Dollar | 5,053 | 12/15/2010 | 3,789 | 50 | ||||||||||||
New Zealand Dollar | 605 | 12/15/2010 | 452 | 8 | ||||||||||||
New Zealand Dollar | (1,282 | ) | 12/15/2010 | (960 | ) | (14 | ) | |||||||||
New Zealand Dollar | (18,280 | ) | 12/15/2010 | (13,566 | ) | (324 | ) | |||||||||
Norwegian Krone | 44,784 | 12/15/2010 | 7,623 | (22 | ) | |||||||||||
Norwegian Krone | 66,089 | 12/15/2010 | 11,259 | (42 | ) | |||||||||||
Norwegian Krone | 2,854 | 12/15/2010 | 484 | 1 | ||||||||||||
Norwegian Krone | (12,821 | ) | 12/15/2010 | (2,184 | ) | 9 | ||||||||||
Norwegian Krone | 5,511 | 12/15/2010 | 949 | (13 | ) | |||||||||||
Norwegian Krone | 16,362 | 12/15/2010 | 2,817 | (40 | ) | |||||||||||
Norwegian Krone | (15,128 | ) | 12/15/2010 | (2,571 | ) | 4 | ||||||||||
Norwegian Krone | (14,937 | ) | 12/15/2010 | (2,514 | ) | (21 | ) | |||||||||
Pound Sterling | 8,576 | 12/15/2010 | 13,517 | 218 | ||||||||||||
Pound Sterling | (426 | ) | 12/15/2010 | (676 | ) | (6 | ) | |||||||||
Pound Sterling | (12,433 | ) | 12/15/2010 | (19,673 | ) | (240 | ) | |||||||||
Pound Sterling | 9,813 | 12/15/2010 | 15,566 | 150 | ||||||||||||
Pound Sterling | 4,096 | 12/15/2010 | 6,465 | 95 | ||||||||||||
Pound Sterling | 8,101 | 12/15/2010 | 12,905 | 69 | ||||||||||||
Pound Sterling | (2,903 | ) | 12/15/2010 | (4,595 | ) | (54 | ) | |||||||||
Pound Sterling | (4,785 | ) | 12/15/2010 | (7,521 | ) | (142 | ) | |||||||||
Swedish Krona | (6,543 | ) | 12/15/2010 | (977 | ) | 3 | ||||||||||
Swedish Krona | (2,496 | ) | 12/15/2010 | (376 | ) | 5 | ||||||||||
Swedish Krona | 75,356 | 12/15/2010 | 11,238 | (17 | ) | |||||||||||
Swedish Krona | (6,360 | ) | 12/15/2010 | (948 | ) | 1 | ||||||||||
Swedish Krona | (22,092 | ) | 12/15/2010 | (3,297 | ) | 8 | ||||||||||
Swedish Krona | 105,094 | 12/15/2010 | 15,607 | 41 | ||||||||||||
Swedish Krona | (17,106 | ) | 12/15/2010 | (2,577 | ) | 30 | ||||||||||
Swedish Krona | 1,876 | 12/15/2010 | 277 | 2 | ||||||||||||
Swiss Franc | (4,619 | ) | 12/15/2010 | (4,711 | ) | 21 | ||||||||||
Swiss Franc | 276 | 12/15/2010 | 280 | ♦ | ||||||||||||
Swiss Franc | (379 | ) | 12/15/2010 | (391 | ) | 6 | ||||||||||
Swiss Franc | (10,456 | ) | 12/15/2010 | (10,804 | ) | 186 | ||||||||||
Swiss Franc | 12,509 | 12/15/2010 | 12,993 | (291 | ) | |||||||||||
Swiss Franc | (6,747 | ) | 12/15/2010 | (6,970 | ) | 119 | ||||||||||
Swiss Franc | (3,968 | ) | 12/15/2010 | (4,135 | ) | 106 | ||||||||||
Swiss Franc | 3,267 | 12/15/2010 | 3,400 | (83 | ) | |||||||||||
Swiss Franc | (2,734 | ) | 12/15/2010 | (2,811 | ) | 35 | ||||||||||
$ | 64 | |||||||||||||||
Transamerica Funds | Annual Report 2010 |
Page 221
Table of Contents
CONSOLIDATED SCHEDULE OF INVESTMENTS (continued)
At October 31, 2010
(all amounts in thousands)
┌ | Contract amounts are not in thousands. | |
g | Cash, in the amount of $16,059, has been segregated as collateral with the broker to cover margin requirements for open futures contracts. | |
β | Cash, in the amount of $1,720, has been segregated by the custodian for the benefit of the broker to cover margin requirements for open swaps contracts. | |
(a) | At the maturity date, a net cash flow is exchanged where the total return is equivalent to the return of the reference index less a financing rate, if any. As a receiver, the fund would receive payments based on any positive total return and would owe payments in the event of a negative total return. As the payer, the fund would owe payments on any net positive total return, and would receive payment in the event of a negative total return. | |
# | Aggregate cost for federal income tax purposes is $239,856. Net and gross unrealized depreciation for tax purposes is $3,095. |
AEX | Amsterdam Exchange | |
ASX | Australian Securities Exchange | |
BOA | Bank of America | |
BRC | Barclays Bank PLC | |
CBOT | Chicago Board of Trade | |
COMEX | A division of New York Mercantile Exchange. Formerly known as the Commodity Exchange. | |
DAX | Deutscher Aktien | |
DJIA | Dow Jones Industrial Average | |
EURIBOR | Euro InterBank Offered Rate | |
FTSE | Financial Times Stock Exchange | |
LME | London Metal Exchange | |
MEI | Merrill Lynch International | |
NYBOT | New York Board of Trade | |
NYMEX | New York Mercantile Exchange | |
RBOB | Reformulated Blendstock for Oxygenate Blending | |
S&P | Standard & Poor’s | |
WTI | West Texas Intermediate |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Investment Companies | $ | 236,761 | $ | — | $ | — | $ | 236,761 | ||||||||
Other Financial Instruments* | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Total Return Swap — Appreciation | $ | — | $ | 404 | $ | — | $ | 404 | ||||||||
Total Return Swap — Depreciation | — | (54 | ) | — | (54 | ) | ||||||||||
Futures Contracts — Appreciation | 5,204 | — | — | 5,204 | ||||||||||||
Futures Contracts — Depreciation | (1,964 | ) | — | — | (1,964 | ) | ||||||||||
Forward Foreign Currency Contracts — Appreciation | — | 2,876 | — | 2,876 | ||||||||||||
Forward Foreign Currency Contracts — Depreciation | — | (2,812 | ) | — | (2,812 | ) | ||||||||||
Total | $ | 3,240 | $ | 414 | $ | — | $ | 3,654 |
* | Other financial instruments are derivative instruments including, but not limited to, Futures Contracts, Forward Foreign Currency Contracts, and Swap Contracts that are valued at unrealized appreciation (depreciation) on the instrument. |
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(formerly, Transamerica BlackRock Natural Resources)
At October 31, 2010
(all amounts in thousands)
Principal | Value | |||||||
SHORT-TERM U.S. GOVERNMENT OBLIGATION - 76.2% | ||||||||
U.S. Treasury Bill | ||||||||
0.17%, 04/28/2011▲ | $ | 112,000 | $ | 111,908 | ||||
Total Short-Term U.S. Government Obligation (cost $111,906) | ||||||||
REPURCHASE AGREEMENT - 17.8% | ||||||||
State Street Bank & Trust Co. 0.01% ▲, dated 10/29/2010, to be repurchased at $26,202 on 11/01/2010. Collateralized by U.S. Government Agency Obligations, 4.00%, due 12/15/2017, and with a total value of $26,730. | 26,202 | 26,202 | ||||||
Total Repurchase Agreement (cost $26,202) | ||||||||
Total Investment Securities (cost $138,108) # | 138,110 | |||||||
Other Assets and Liabilities — Net | 8,866 | |||||||
Net Assets | $ | 146,976 | ||||||
Pay/Receive | ||||||||||||||||||||||||||||||||||
on | Upfront | Unrealized | ||||||||||||||||||||||||||||||||
Reference | # of Shares/ | Financing | Notional | Expiration | Counter | Market | Premiums | Appreciation | ||||||||||||||||||||||||||
Index (a) | Index | Units | Rate (BP) | Amount | Date | party | Value | Paid/(Received) | (Depreciation) | |||||||||||||||||||||||||
DJ-UBS Commodity Index 3-Month | ||||||||||||||||||||||||||||||||||
Receive | Forward Excess Return | $ | 239 | 0.35 | $ | 72,636 | 10/12/2011 | UAG | $ | 72,636 | $ | 72,636 | $ | — | ||||||||||||||||||||
(72,636 | ) | (72,636 | ) | — | ||||||||||||||||||||||||||||||
DJ-UBS Commodity Index 3-Month | ||||||||||||||||||||||||||||||||||
Receive | Forward Excess Return | 85 | 0.35 | 25,991 | 03/31/2011 | BOA | 25,991 | 25,991 | — | |||||||||||||||||||||||||
(25,991 | ) | (25,991 | ) | — | ||||||||||||||||||||||||||||||
Merrill Lynch Commodity Index eXtra | ||||||||||||||||||||||||||||||||||
Receive | GA6 Excess Return | 15 | 0.42 | 2,653 | 03/31/2011 | BOA | 2,653 | 2,653 | — | |||||||||||||||||||||||||
(2,653 | ) | (2,653 | ) | — | ||||||||||||||||||||||||||||||
Merrill Lynch Commodity Index eXtra | ||||||||||||||||||||||||||||||||||
Receive | GA6 Excess Return | 252 | 0.42 | 45,328 | 03/31/2011 | BOA | 45,328 | 45,328 | — | |||||||||||||||||||||||||
(45,328 | ) | (45,328 | ) | — | ||||||||||||||||||||||||||||||
$ | — | $ | — | $ | — | |||||||||||||||||||||||||||||
▲ | Rate shown reflects the yield at 10/29/2010. | |
α | Cash, in the amount of $1,050, has been segregated and pledged by the custodian for the benefit of the broker to cover margin requirements for open swap contracts. | |
(a) | At the maturity date, a net cash flow is exchanged where the total return is equivalent to the return of the reference index less a financing rate, if any. As a receiver, the fund would receive payments based on any positive total return and would owe payments in the event of a negative total return. As the payer, the fund would owe payments on any net positive total return, and would receive payment in the event of a negative total return. | |
# | Aggregate cost for federal income tax purposes is $146,535. Net and gross unrealized appreciation for tax purposes is $3. |
The notes to the financial statements are an integral part of this report. | ||
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(formerly, Transamerica BlackRock Natural Resources)
At October 31, 2010
(all amounts in thousands)
BOA | Bank of America | |
BP | Basis Points | |
UAG | UBS AG |
Investment Securities | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Repurchase Agreement | $ | — | $ | 26,202 | $ | — | $ | 26,202 | ||||||||
Short-Term U.S. Government Obligations | — | 111,908 | — | 111,908 | ||||||||||||
Total | $ | — | $ | 138,110 | $ | — | $ | 138,110 | ||||||||
Other Financial Instruments* | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Total Return Swap - Appreciation/(Depreciation) | $ | — | $ | — | $ | — | $ | — |
* | Other financial instruments are derivative instruments including, but not limited to, Futures Contracts, Forward Foreign Currency Contracts, and Swap Contracts that are valued at unrealized appreciation (depreciation) on the instrument. |
The notes to the financial statements are an integral part of this report. | ||
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At October 31, 2010
(all amounts except per share amounts in thousands)
Transamerica | Transamerica | |||||||
AQR Managed | Goldman Sachs | |||||||
Futures | Commodity | |||||||
Strategy | Strategy(a) | |||||||
Assets: | ||||||||
Investment securities, at value | $ | 236,761 | $ | 111,908 | ||||
Repurchase agreement, at value | — | 26,202 | ||||||
Cash on deposit with custodian | 1,720 | 2,800 | ||||||
Cash on deposit with broker | 16,059 | — | ||||||
Foreign currency, at value | — | 14 | ||||||
Receivables: | ||||||||
Investment securities sold | 57 | 293,726 | ||||||
Shares of beneficial interest sold | — | 1 | ||||||
Interest | 24 | — | (b) | |||||
Dividend reclaims | — | 6 | ||||||
Variation margin | 3,241 | — | ||||||
Prepaid expenses | — | 1 | ||||||
Swap agreements, at value | 404 | 146,608 | ||||||
Unrealized appreciation on forward foreign currency contracts | 2,876 | — | ||||||
$ | 261,142 | $ | 581,266 | |||||
Liabilities: | ||||||||
Due to custodian | 77 | — | ||||||
Cash deposit due to custodian | — | 1,750 | ||||||
Accounts payable and accrued liabilities: | ||||||||
Investment securities purchased | 57 | 285,800 | ||||||
Management and advisory fees | 211 | 75 | ||||||
Transfer agent fees | 1 | 1 | ||||||
Custody fees | 10 | 2 | ||||||
Administration fees | 4 | 3 | ||||||
Audit and tax fees | 17 | 5 | ||||||
Interest payable | — | 41 | ||||||
Other | 12 | 5 | ||||||
Swap agreements, at value | 54 | 146,608 | ||||||
Unrealized depreciation on forward foreign currency contracts | 2,812 | — | ||||||
3,255 | 434,290 | |||||||
Net assets | $ | 257,887 | $ | 146,976 | ||||
Net assets consist of: | ||||||||
Shares of beneficial interest, unlimited shares authorized, no par value | $ | 253,160 | $ | 133,149 | ||||
Undistributed net investment income | 1,010 | 7,529 | ||||||
Undistributed (accumulated) net realized gain (loss) from investments | 61 | 6,296 | ||||||
Net unrealized appreciation (depreciation) on: | ||||||||
Investment securities | — | 2 | ||||||
Futures contracts | 3,240 | — | ||||||
Swap agreements | 350 | — | ||||||
Translation of assets and liabilities denominated in foreign currencies | 66 | — | ||||||
Net assets | $ | 257,887 | $ | 146,976 | ||||
Shares outstanding | 25,388 | 13,082 | ||||||
Net asset value and offering price per share | $ | 10.16 | $ | 11.24 | ||||
Investment securities, at cost | $ | 236,761 | $ | 111,906 | ||||
Repurchase agreement, at cost | $ | — | $ | 26,202 | ||||
Foreign currency, at cost | $ | — | $ | 14 | ||||
Premium paid (received) on swap assets agreements | $ | — | $ | 146,608 | ||||
Premium paid (received) on swap liabilities agreements | $ | — | $ | (146,608 | ) | |||
(a) | Formerly, Transamerica BlackRock Natural Resources. | |
(b) | Rounds to less than $1. |
The notes to the financial statements are an integral part of this report. | ||
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For the year ended October 31, 2010
(all amounts in thousands)
Transamerica | Transamerica | |||||||
AQR Managed | Goldman Sachs | |||||||
Futures | Commodity | |||||||
Strategy(c) | Strategy(a) | |||||||
Investment income: | ||||||||
Dividend income | $ | — | $ | 1,761 | ||||
Withholding taxes on foreign income | — | (65 | ) | |||||
Interest income | 24 | 5 | ||||||
Securities lending income (net) | — | 32 | ||||||
24 | 1,733 | |||||||
Expenses: | ||||||||
Management and advisory | 211 | 1,090 | ||||||
Transfer agent | 1 | 4 | ||||||
Printing and shareholder reports | — | (b) | 2 | |||||
Custody | 12 | 32 | ||||||
Administration | 4 | 28 | ||||||
Legal | 8 | 13 | ||||||
Audit and tax | 21 | 13 | ||||||
Trustees | — | 3 | ||||||
Registration | 7 | — | (b) | |||||
Other | 2 | 13 | ||||||
Total expenses | 266 | 1,198 | ||||||
Net investment income (loss) | (242 | ) | 535 | |||||
Net realized gain (loss) on transactions from: | ||||||||
Investment securities | — | 9,813 | ||||||
Futures contracts | 1,311 | — | ||||||
Swap agreements | — | 7,378 | ||||||
Foreign currency transactions | 2 | (196 | ) | |||||
1,313 | 16,995 | |||||||
Net increase (decrease) in unrealized appreciation (depreciation) on: | ||||||||
Investment securities | — | (1,676 | ) | |||||
Futures contracts | 3,240 | — | ||||||
Swap agreements | 350 | — | ||||||
Translation of assets and liabilities denominated in foreign currencies | 66 | (4 | ) | |||||
Change in unrealized appreciation (depreciation): | 3,656 | (1,680 | ) | |||||
Net realized and unrealized gain | 4,969 | 15,315 | ||||||
Net increase in net assets resulting from operations | $ | 4,727 | $ | 15,850 | ||||
(a) | Formerly, Transamerica BlackRock Natural Resources. | |
(b) | Rounds to less than $1. | |
(c) | Commenced operations September 30, 2010. |
The notes to the financial statements are an integral part of this report. | ||
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For the period and years ended
(all amounts in thousands)
Transamerica | ||||||||||||
AQR Managed | ||||||||||||
Futures Strategy | Transamerica Goldman Sachs | |||||||||||
October 31, | Commodity Strategy(a) | |||||||||||
2010(b) | October 31, 2010 | October 31, 2009 | ||||||||||
From operations: | ||||||||||||
Net investment income (loss) | $ | (242 | ) | $ | 535 | $ | 569 | |||||
Net realized gain (loss)(c) | 1,313 | 16,995 | (3,508 | ) | ||||||||
Change in unrealized appreciation (depreciation)(d) | 3,656 | (1,680 | ) | 23,821 | ||||||||
Net increase in net assets resulting from operations | 4,727 | 15,850 | 20,882 | |||||||||
Distributions to shareholders: | ||||||||||||
From net investment income | — | (634 | ) | (413 | ) | |||||||
From net realized gains | — | — | (50 | ) | ||||||||
Total distributions to shareholders | — | (634 | ) | (463 | ) | |||||||
Capital share transactions: | ||||||||||||
Proceeds from shares sold | 253,160 | 40,919 | 18,094 | |||||||||
Dividends and distributions reinvested | — | 634 | 463 | |||||||||
Cost of shares redeemed | — | (31,135 | ) | (4,886 | ) | |||||||
Net increase in net assets resulting from capital shares transactions | 253,160 | 10,418 | 13,671 | |||||||||
Net increase in net assets | 257,887 | 25,634 | 34,090 | |||||||||
Net assets: | ||||||||||||
Beginning of year | — | 121,342 | 87,252 | |||||||||
End of year | $ | 257,887 | $ | 146,976 | $ | 121,342 | ||||||
Undistrubuted (accumulated) net investment income (loss) | $ | 1,010 | $ | 7,529 | $ | 433 | ||||||
Share activity: | ||||||||||||
Shares issued | 25,388 | 3,820 | 1,992 | |||||||||
Shares issued-reinvested from distributions | — | 61 | 63 | |||||||||
Shares redeemed | — | (2,893 | ) | (714 | ) | |||||||
Net increase in shares outstanding | 25,388 | 988 | 1,341 | |||||||||
(a) | Formerly, Transamerica BlackRock Natural Resources. | |
(b) | Commenced operations on September 30, 2010. | |
(c) | Net realized gain (loss) includes all items listed in the Statements of Operations. | |
(d) | Change in unrealized appreciation (depreciation) includes all items listed in the Statements of Operations. |
The notes to the financial statements are an integral part of this report. | ||
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For the periods and years ended:
(all amounts in thousands)
Transamerica | ||||||||||||||||||||
AQR Managed | ||||||||||||||||||||
Futures Strategy | Transamerica Goldman Sachs Commodity Strategy(a) | |||||||||||||||||||
October 31, | October 31, | |||||||||||||||||||
For a share outstanding throughout each period | 2010(b) | October 31, 2010 | October 31, 2009 | October 31, 2008 | 2007(c) | |||||||||||||||
Net asset value | ||||||||||||||||||||
Beginning of year | $ | 10.00 | $ | 10.03 | $ | 8.11 | $ | 14.11 | $ | 10.00 | ||||||||||
Investment operations | ||||||||||||||||||||
Net investment income (loss)(d) | (0.01 | ) | 0.04 | 0.05 | 0.03 | 0.04 | ||||||||||||||
Net realized and unrealized gain (loss) on investments | 0.17 | 1.22 | 1.91 | (5.85 | ) | 4.07 | ||||||||||||||
Total from investment operations | 0.16 | 1.26 | 1.96 | (5.82 | ) | 4.11 | ||||||||||||||
Distributions | ||||||||||||||||||||
Net investment income | — | (0.05 | ) | (0.04 | ) | (0.03 | ) | — | ||||||||||||
Net realized gains on investments | — | — | — | (e) | (0.15 | ) | — | |||||||||||||
Total distributions | — | (0.05 | ) | (0.04 | ) | (0.18 | ) | — | ||||||||||||
Net asset value | ||||||||||||||||||||
End of year | $ | 10.16 | $ | 11.24 | $ | 10.03 | $ | 8.11 | $ | 14.11 | ||||||||||
Total return(f) | 1.60 | % (g) | 12.61 | % | 24.41 | % | (41.77 | %) | 41.10 | % (g) | ||||||||||
Net assets end of year (000’s) | $ | 257,887 | $ | 146,976 | $ | 121,342 | $ | 87,252 | $ | 156,779 | ||||||||||
Ratio and supplemental data | ||||||||||||||||||||
Expenses to average net assets: | ||||||||||||||||||||
After reimbursement/recapture | 1.38 | % (h) | 0.86 | % | 0.89 | % | 0.86 | % | 0.89 | % (h) | ||||||||||
Before reimbursement/recapture | 1.38 | % (h) | 0.86 | % | 0.89 | % | 0.86 | % | 0.89 | % (h) | ||||||||||
Net investment income (loss), to average net assets | (1.22 | %) (h) | 0.38 | % | 0.63 | % | 0.21 | % | 0.39 | % (h) | ||||||||||
Portfolio turnover rate | — | % (g) | 112 | % (i) | 5 | % | 4 | % | 7 | % (g) | ||||||||||
(a) | Formerly, Transamerica BlackRock Natural Resources. | |
(b) | Commenced operations on September 30, 2010. | |
(c) | Commenced operations on January 3, 2007. | |
(d) | Calculated based on average number of shares outstanding. | |
(e) | Rounds to less than $(0.01) or $0.01. | |
(f) | Total return has been calculated for the applicable period without deduction of a sales load, if any, on an initial purchase. | |
(g) | Not annualized. | |
(h) | Annualized. | |
(i) | Increase in portfolio turnover was triggered by a change in the fund’s objectives |
The notes to the financial statements are an integral part of this report. | ||
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At October 31, 2010
(all amounts in thousands)
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At October 31, 2010
(all amounts in thousands)
Notional | ||||||||
Transamerica BlackRock Global Allocation | Premium | Amount | ||||||
Balance at October 31, 2009 | $ | 613 | $ | 189 | ||||
Sales | 908 | 335 | ||||||
Closing Buys | (563 | ) | (196 | ) | ||||
Expirations | (302 | ) | (90 | ) | ||||
Exercised | (301 | ) | (91 | ) | ||||
Balance at October 31, 2010 | $ | 355 | $ | 147 |
Notional | ||||||||
Transamerica First Quadrant Global Macro | Premium | Amount | ||||||
Balance at October 31, 2009 | $ | — | $ | — | ||||
Sales | 10,294 | 823 | ||||||
Closing Buys | (9,563 | ) | (733 | ) | ||||
Expirations | (304 | ) | (53 | ) | ||||
Exercised | — | — | ||||||
Balance at October 31, 2010 | $ | 427 | $ | 37 |
Notional | ||||||||
Transamerica PIMCO Real Return TIPS | Premium | Amount | ||||||
Balance at October 31, 2009 | $ | — | $ | — | ||||
Sales | 310 | 1,040 | ||||||
Closing Buys | — | — | ||||||
Expirations | (244 | ) | (774 | ) | ||||
Exercised | — | — | ||||||
Balance at October 31, 2010 | $ | 66 | $ | 266 |
Notional | ||||||||
Transamerica PIMCO Total Return | Premium | Amount | ||||||
Balance at October 31, 2009 | $ | — | $ | — | ||||
Sales | 499 | 1,785 | ||||||
Closing Buys | (87 | ) | (231 | ) | ||||
Expirations | (393 | ) | (1,488 | ) | ||||
Exercised | — | — | ||||||
Balance at October 31, 2010 | $ | 19 | $ | 66 |
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At October 31, 2010
(all amounts in thousands)
Notional | ||||||||
Transamerica PIMCO Real Return TIPS | Premium | Amount | ||||||
Balance at October 31, 2009 | $ | 1,437 | $ | 144,200 | ||||
Sales | 4,642 | 762,900 | ||||||
Closing Buys | (218 | ) | (56,200 | ) | ||||
Expirations | (3,619 | ) | (504,500 | ) | ||||
Exercised | — | — | ||||||
Balance at October 31, 2010 | $ | 2,242 | $ | 346,400 |
Notional | ||||||||
Transamerica PIMCO Total Return | Premium | Amount | ||||||
Balance at October 31, 2009 | $ | 678 | $ | 93,800 | ||||
Sales | 3,334 | 547,300 | ||||||
Closing Buys | (22 | ) | (3,700 | ) | ||||
Expirations | (2,538 | ) | (418,100 | ) | ||||
Exercised | — | — | ||||||
Balance at October 31, 2010 | $ | 1,452 | $ | 219,300 |
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(all amounts in thousands)
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At October 31, 2010
(all amounts in thousands)
Fund | Commissions | |||
Transamerica AllianceBernstein International Value | $ | 1 | ||
Transamerica Federated Market Opportunity | 33 | |||
Transamerica First Quadrant Global Macro | — | (a) | ||
Transamerica JPMorgan Mid Cap Value | 4 | |||
Transamerica Morgan Stanley Mid-Cap Growth | 49 | |||
Transamerica Morgan Stanley Small Company Growth | 22 | |||
Transamerica Neuberger Berman International | 9 | |||
Transamerica Third Avenue Value | 4 | |||
Transamerica Thornburg International Value | 7 | |||
Transamerica UBS Large Cap Value | 137 | |||
Transamerica WMC Emerging Markets | 6 | |||
Transamerica Clarion Global Real Estate Securities | 34 | |||
Transamerica Jennison Growth | 137 |
(a) | Rounds to less than $1. |
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At October 31, 2010
(all amounts in thousands)
% of Net | ||||||||
Transamerica AllianceBernstein International Value | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 4,367 | 1.46 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 33,433 | 11.19 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 16,276 | 5.45 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 47,769 | 15.99 | ||||||
Transamerica Multi-Manager International Portfolio | 30,268 | 10.13 | ||||||
Transamerica Asset Allocation-Conservative VP | 3,097 | 1.04 | ||||||
Transamerica Asset Allocation-Growth VP | 13,791 | 4.62 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 50,418 | 16.88 | ||||||
Transamerica Asset Allocation-Moderate VP | 30,814 | 10.31 | ||||||
Transamerica International Moderate Growth VP | 65,790 | 22.02 | ||||||
Total | $ | 296,023 | 99.09 | % | ||||
% of Net | ||||||||
Transamerica BlackRock Global Allocation | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 21,587 | 4.34 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 47,752 | 9.60 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 44,374 | 8.92 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 80,852 | 16.26 | ||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 29,603 | 5.95 | ||||||
Transamerica Multi-Manager International Portfolio | 18,908 | 3.80 | ||||||
Transamerica Asset Allocation-Conservative VP | 16,735 | 3.37 | ||||||
Transamerica Asset Allocation-Growth VP | 32,212 | 6.48 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 138,642 | 27.88 | ||||||
Transamerica Asset Allocation-Moderate VP | 54,764 | 11.01 | ||||||
Total | $ | 485,429 | 97.61 | % | ||||
% of Net | ||||||||
Transamerica BlackRock Large Cap Value | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 63,661 | 9.07 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 210,942 | 30.04 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 135,698 | 19.32 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 280,101 | 39.89 | ||||||
Total | $ | 690,402 | 98.32 | % | ||||
% of Net | ||||||||
Transamerica BNY Mellon Market Neutral Strategy | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 10,447 | 9.64 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 9,595 | 8.86 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 17,039 | 15.73 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 25,091 | 23.16 | ||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 39,692 | 36.64 | ||||||
Transamerica Asset Allocation-Growth VP | 6,387 | 5.89 | ||||||
Total | $ | 108,251 | 99.92 | % | ||||
% of Net | ||||||||
Transamerica Federated Market Opportunity | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 11,027 | 11.93 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 11,965 | 12.94 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 18,535 | 20.04 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 13,340 | 14.43 | ||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 36,223 | 39.17 | ||||||
Total | $ | 91,090 | 98.51 | % | ||||
% of Net | ||||||||
Transamerica First Quadrant Global Macro | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 10,864 | 8.61 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 14,549 | 11.54 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 17,659 | 14.00 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 33,885 | 26.86 | ||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 38,737 | 30.71 | ||||||
Transamerica Asset Allocation-Growth VP | 10,283 | 8.15 | ||||||
Total | $ | 125,977 | 99.87 | % | ||||
% of Net | ||||||||
Transamerica JPMorgan Core Bond | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 82,035 | 7.71 | % | ||||
Transamerica Asset Allocation-Moderate Portfolio | 55,130 | 5.18 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 44,593 | 4.19 | ||||||
Transamerica Asset Allocation-Conservative VP | 237,622 | 22.35 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 299,952 | 28.21 | ||||||
Transamerica Asset Allocation-Moderate VP | 311,540 | 29.30 | ||||||
Transamerica International Moderate Growth VP | 25,228 | 2.37 | ||||||
Total | $ | 1,056,100 | 99.31 | % | ||||
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(all amounts in thousands)
% of Net | ||||||||
Transamerica JPMorgan International Bond | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 16,249 | 3.63 | % | ||||
Transamerica Asset Allocation-Moderate Portfolio | 44,966 | 10.06 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 114,224 | 25.55 | ||||||
Transamerica Asset Allocation-Conservative VP | 22,799 | 5.10 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 183,895 | 41.13 | ||||||
Transamerica Asset Allocation-Moderate VP | 63,830 | 14.27 | ||||||
Total | $ | 445,963 | 99.74 | % | ||||
% of Net | ||||||||
Transamerica JPMorgan Mid Cap Value | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 10,919 | 6.67 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 37,574 | 22.97 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 39,848 | 24.36 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 75,233 | 45.98 | ||||||
Total | $ | 163,574 | 99.98 | % | ||||
% of Net | ||||||||
Transamerica Loomis Sayles Bond | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 95,187 | 16.02 | % | ||||
Transamerica Asset Allocation-Moderate Portfolio | 153,614 | 25.85 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 85,141 | 14.33 | ||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 37,925 | 6.38 | ||||||
Transamerica Asset Allocation-Conservative VP | 30,585 | 5.15 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 50,856 | 8.56 | ||||||
Transamerica Asset Allocation-Moderate VP | 84,783 | 14.27 | ||||||
Transamerica International Moderate Growth VP | 21,823 | 3.67 | ||||||
Total | $ | 559,914 | 94.23 | % | ||||
% of Net | ||||||||
Transamerica Morgan Stanley Emerging Markets Debt | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 33,790 | 11.17 | % | ||||
Transamerica Asset Allocation-Moderate Portfolio | 49,040 | 16.21 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 50,892 | 16.82 | ||||||
Transamerica Asset Allocation-Conservative VP | 30,791 | 10.17 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 72,641 | 24.01 | ||||||
Transamerica Asset Allocation-Moderate VP | 62,831 | 20.76 | ||||||
Total | $ | 299,985 | 99.14 | % | ||||
% of Net | ||||||||
Transamerica Morgan Stanley Mid-Cap Growth | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 11,448 | 3.91 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 40,100 | 13.71 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 30,935 | 10.57 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 57,066 | 19.51 | ||||||
Transamerica Asset Allocation-Conservative VP | 4,578 | 1.56 | ||||||
Transamerica Asset Allocation-Growth VP | 20,281 | 6.93 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 100,088 | 34.21 | ||||||
Transamerica Asset Allocation-Moderate VP | 26,845 | 9.18 | ||||||
Total | $ | 291,341 | 99.58 | % | ||||
% of Net | ||||||||
Transamerica Morgan Stanley Small Company Growth | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 8,097 | 4.46 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 24,828 | 13.68 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 15,283 | 8.42 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 24,887 | 13.72 | ||||||
Transamerica Asset Allocation-Conservative VP | 11,029 | 6.08 | ||||||
Transamerica Asset Allocation-Growth VP | 14,823 | 8.17 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 51,286 | 28.26 | ||||||
Transamerica Asset Allocation-Moderate VP | 29,527 | 16.27 | ||||||
Total | $ | 179,760 | 99.06 | % | ||||
% of Net | ||||||||
Transamerica Neuberger Berman International | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 11,221 | 1.92 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 72,780 | 12.44 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 33,167 | 5.67 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 110,275 | 18.86 | ||||||
Transamerica Multi-Manager International Portfolio | 32,757 | 5.60 | ||||||
Transamerica Asset Allocation-Conservative VP | 20,593 | 3.52 | ||||||
Transamerica Asset Allocation-Growth VP | 43,543 | 7.45 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 137,626 | 23.53 | ||||||
Transamerica Asset Allocation-Moderate VP | 57,915 | 9.90 | ||||||
Transamerica International Moderate Growth VP | 62,051 | 10.61 | ||||||
Total | $ | 581,928 | 99.50 | % | ||||
% of Net | ||||||||
Transamerica Oppenheimer Developing Markets | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 11,518 | 1.89 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 85,059 | 13.94 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 32,996 | 5.41 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 118,368 | 19.40 | ||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 4,144 | 0.68 | ||||||
Transamerica Multi-Manager International Portfolio | 44,648 | 7.32 | ||||||
Transamerica Asset Allocation-Conservative VP | 16,916 | 2.77 | ||||||
Transamerica Asset Allocation-Growth VP | 53,419 | 8.75 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 172,217 | 28.22 | ||||||
Transamerica Asset Allocation-Moderate VP | 67,793 | 11.11 | ||||||
Total | $ | 607,078 | 99.49 | % | ||||
% of Net | ||||||||
Transamerica Oppenheimer Small- & Mid-Cap Value | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 10,299 | 3.44 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 36,896 | 12.33 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 31,379 | 10.49 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 57,621 | 19.26 | ||||||
Transamerica Asset Allocation-Conservative VP | 11,362 | 3.80 | ||||||
Transamerica Asset Allocation-Growth VP | 23,898 | 7.98 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 90,007 | 30.08 | ||||||
Transamerica Asset Allocation-Moderate VP | 36,627 | 12.24 | ||||||
Total | $ | 298,089 | 99.62 | % | ||||
% of Net | ||||||||
Transamerica Schroders International Small Cap | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 16,613 | 3.03 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 68,279 | 12.45 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 45,128 | 8.23 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 79,925 | 14.58 | ||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 10,875 | 1.98 | ||||||
Transamerica Multi-Manager International Portfolio | 39,284 | 7.16 | ||||||
Transamerica Asset Allocation-Conservative VP | 17,881 | 3.26 | ||||||
Transamerica Asset Allocation-Growth VP | 43,073 | 7.86 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 137,322 | 25.05 | ||||||
Transamerica Asset Allocation-Moderate VP | 48,690 | 8.88 | ||||||
Transamerica International Moderate Growth VP | 37,833 | 6.90 | ||||||
Total | $ | 544,903 | 99.38 | % | ||||
% of Net | ||||||||
Transamerica Third Avenue Value | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 19,746 | 5.15 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 53,894 | 14.07 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 42,011 | 10.97 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 86,527 | 22.58 | ||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 363 | 0.10 | ||||||
Transamerica Asset Allocation-Conservative VP | 13,412 | 3.50 | ||||||
Transamerica Asset Allocation-Growth VP | 35,829 | 9.35 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 93,855 | 24.50 | ||||||
Transamerica Asset Allocation-Moderate VP | 35,112 | 9.16 | ||||||
Total | $ | 380,749 | 99.38 | % | ||||
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% of Net | ||||||||
Transamerica Thornburg International Value | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 17,834 | 2.29 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 55,936 | 7.19 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 39,088 | 5.02 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 85,766 | 11.02 | ||||||
Transamerica Multi-Manager International Portfolio | 60,750 | 7.80 | ||||||
Transamerica Asset Allocation-Conservative VP | 30,839 | 3.96 | ||||||
Transamerica Asset Allocation-Growth VP | 38,770 | 4.98 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 244,632 | 31.42 | ||||||
Transamerica Asset Allocation-Moderate VP | 116,307 | 14.94 | ||||||
Transamerica International Moderate Growth VP | 83,763 | 10.76 | ||||||
Total | $ | 773,685 | 99.38 | % | ||||
% of Net | ||||||||
Transamerica UBS Large Cap Value | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 43,816 | 3.89 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 194,844 | 17.31 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 126,443 | 11.24 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 292,951 | 26.03 | ||||||
Transamerica Asset Allocation-Conservative VP | 61,596 | 5.47 | ||||||
Transamerica Asset Allocation-Growth VP | 64,104 | 5.70 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 215,790 | 19.17 | ||||||
Transamerica Asset Allocation-Moderate VP | 116,376 | 10.34 | ||||||
Total | $ | 1,115,920 | 99.15 | % | ||||
% of Net | ||||||||
Transamerica WMC Emerging Markets | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 4,948 | 1.20 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 7,987 | 1.94 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 18,520 | 4.50 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 39,011 | 9.48 | ||||||
Transamerica Multi-Manager International Portfolio | 33,447 | 8.13 | ||||||
Transamerica Asset Allocation-Conservative VP | 13,279 | 3.23 | ||||||
Transamerica Asset Allocation-Growth VP | 13,232 | 3.22 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 78,585 | 19.11 | ||||||
Transamerica Asset Allocation-Moderate VP | 41,933 | 10.20 | ||||||
Total | $ | 250,942 | 61.01 | % | ||||
% of Net | ||||||||
Transamerica Clarion Global Real Estate Securities | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 14,764 | 4.62 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 84,234 | 26.37 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 54,767 | 17.15 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 117,455 | 36.78 | ||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 23,048 | 7.22 | ||||||
Transamerica Multi-Manager International Portfolio | 15,032 | 4.71 | ||||||
Total | $ | 309,300 | 96.85 | % | ||||
% of Net | ||||||||
Transamerica Jennison Growth | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 64,054 | 8.81 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 238,225 | 32.78 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 151,296 | 20.82 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 257,226 | 35.39 | ||||||
Transamerica Asset Allocation-Conservative VP | 84 | 0.01 | ||||||
Transamerica Asset Allocation-Growth VP | 4,918 | 0.68 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 198 | 0.03 | ||||||
Transamerica Asset Allocation-Moderate VP | 137 | 0.02 | ||||||
Total | $ | 716,138 | 98.54 | % | ||||
% of Net | ||||||||
Transamerica MFS International Equity | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 13,080 | 2.44 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 31,501 | 5.88 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 37,504 | 6.99 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 47,735 | 8.90 | ||||||
Transamerica Multi-Manager International Portfolio | 51,931 | 9.69 | ||||||
Transamerica Asset Allocation-Conservative VP | 28,165 | 5.25 | ||||||
Transamerica Asset Allocation-Growth VP | 22,230 | 4.15 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 114,462 | 21.35 | ||||||
Transamerica Asset Allocation-Moderate VP | 97,005 | 18.09 | ||||||
Transamerica International Moderate Growth VP | 88,219 | 16.45 | ||||||
Total | $ | 531,832 | 99.19 | % | ||||
% of Net | ||||||||
Transamerica PIMCO Real Return TIPS | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 96,295 | 11.38 | % | ||||
Transamerica Asset Allocation-Moderate Portfolio | 131,867 | 15.59 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 77,423 | 9.15 | ||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 5,304 | 0.63 | ||||||
Transamerica Asset Allocation-Conservative VP | 124,820 | 14.75 | ||||||
Transamerica Asset Allocation-Moderate Growth VP | 155,112 | 18.34 | ||||||
Transamerica Asset Allocation-Moderate VP | 221,938 | 26.23 | ||||||
Transamerica International Moderate Growth VP | 23,308 | 2.76 | ||||||
Total | $ | 836,067 | 98.83 | % | ||||
% of Net | ||||||||
Transamerica PIMCO Total Return | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 190,155 | 28.48 | % | ||||
Transamerica Asset Allocation-Moderate Portfolio | 259,130 | 38.81 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 203,193 | 30.43 | ||||||
Total | $ | 652,478 | 97.72 | % | ||||
% of Net | ||||||||
Transamerica AQR Managed Futures Strategy | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 27,338 | 10.60 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 39,920 | 15.48 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 66,668 | 25.85 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 95,814 | 37.15 | ||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 26,675 | 10.35 | ||||||
Total | $ | 256,415 | 99.43 | % | ||||
% of Net | ||||||||
Transamerica Goldman Sachs Commodity Strategy | Market Value | Assets | ||||||
Transamerica Asset Allocation-Conservative Portfolio | $ | 12,832 | 8.73 | % | ||||
Transamerica Asset Allocation-Growth Portfolio | 633 | 0.43 | ||||||
Transamerica Asset Allocation-Moderate Portfolio | 34,029 | 23.15 | ||||||
Transamerica Asset Allocation-Moderate Growth Portfolio | 67,041 | 45.61 | ||||||
Transamerica Multi-Manager Alternative Strategies Portfolio | 18,659 | 12.70 | ||||||
Transamerica Asset Allocation-Growth VP | 11,858 | 8.07 | ||||||
Total | $ | 145,052 | 98.69 | % | ||||
Transamerica Funds | Annual Report 2010 |
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At October 31, 2010
(all amounts in thousands)
Transamerica AllianceBernstein International Value | ||||
First $200 million | 0.88 | % | ||
Over $200 million up to $500 million | 0.81 | % | ||
Over $500 million | 0.77 | % | ||
Transamerica BlackRock Global Allocation | ||||
First $100 million | 0.80 | % | ||
Over $100 million | 0.72 | % | ||
Transamerica BlackRock Large Cap Value | ||||
First $250 million | 0.80 | % | ||
Over $250 million up to $750 million | 0.775 | % | ||
Over $750 million | 0.75 | % | ||
Transamerica BNY Mellon Market Neutral Strategy | ||||
ANA | 1.40 | % | ||
Transamerica Federated Market Opportunity | ||||
First $30 million | 0.85 | % | ||
Over $30 million up to $50 million | 0.80 | % | ||
Over $50 million up to $500 million | 0.70 | % | ||
Over $500 million up to $750 million | 0.675 | % | ||
Over $750 million | 0.65 | % | ||
Transamerica First Quadrant Global Macro | ||||
First $150 million | 1.40 | % | ||
Over $150 million up to $300 million | 1.30 | % | ||
Over $300 million | 1.20 | % | ||
Transamerica JPMorgan Core Bond | ||||
First $750 million | 0.45 | % | ||
Over $750 million up to $1 billion | 0.40 | % | ||
Over $1 billion | 0.375 | % | ||
Transamerica JPMorgan International Bond | ||||
First $100 million | 0.55 | % | ||
Over $100 million up to $250 million | 0.52 | % | ||
Over $250 million up to $500 million | 0.51 | % | ||
Over $500 million up to $1 billion | 0.50 | % | ||
Over $1 billion | 0.47 | % | ||
Transamerica JPMorgan Mid Cap Value | ||||
First $100 million | 0.85 | % | ||
Over $100 million | 0.80 | % | ||
Transamerica Loomis Sayles Bond | ||||
First $200 million | 0.675 | % | ||
Over $200 million up to $750 million | 0.625 | % | ||
Over $750 million | 0.60 | % | ||
Transamerica Morgan Stanley Emerging Markets Debt | ||||
First $250 million | 0.95 | % | ||
Over $250 million up to $500 million | 0.85 | % | ||
Over $500 million | 0.80 | % | ||
Transamerica Morgan Stanley Mid-Cap Growth | ||||
First $1 billion | 0.80 | % | ||
Over $1 billion | 0.775 | % | ||
Transamerica Morgan Stanley Small Company Growth | ||||
First $500 million | 0.95 | % | ||
Over $500 million | 0.85 | % | ||
Transamerica Neuberger Berman International | ||||
First $100 million | 1.00 | % | ||
Over $100 million | 0.95 | % | ||
Transamerica Oppenheimer Developing Markets | ||||
First $50 million | 1.20 | % | ||
Over $50 million up to $200 million | 1.15 | % | ||
Over $200 million up to $500 million | 1.10 | % | ||
Over $500 million | 1.05 | % | ||
Transamerica Oppenheimer Small- & Mid-Cap Value | ||||
First $100 million | 0.95 | % | ||
Over $100 million up to $250 million | 0.90 | % | ||
Over $250 million up to $500 million | 0.85 | % | ||
Over $500 million | 0.825 | % | ||
Transamerica Schroders International Small Cap | ||||
First $300 million | 1.07 | % | ||
Over $300 million | 1.00 | % | ||
Transamerica Third Avenue Value | ||||
ANA | 0.80 | % | ||
Transamerica Thornburg International Value | ||||
First $100 million | 1.10 | % | ||
Over $100 million up to $300 million | 1.00 | % | ||
Over $300 million | 0.95 | % | ||
Transamerica UBS Large Cap Value | ||||
First $200 million | 0.82 | % | ||
Over $200 million up to $400 million | 0.76 | % | ||
Over $400 million up to $750 million | 0.74 | % | ||
Over $750 billion up to $1 billion | 0.71 | % | ||
Over $1 billion up to $1.5 billion | 0.67 | % | ||
Over $1.5 billion | 0.62 | % | ||
Transamerica WMC Emerging Markets | ||||
First $300 million | 1.15 | % | ||
Over $300 million | 1.10 | % | ||
Transamerica Clarion Global Real Estate Securities | ||||
First $250 million | 0.80 | % | ||
Over $250 million up to $500 million | 0.775 | % | ||
Over $500 million up to $1 billion | 0.70 | % | ||
Over $1 billion | 0.65 | % | ||
Transamerica Jennison Growth | ||||
First $250 million | 0.80 | % | ||
Over $250 million up to $500 million | 0.775 | % | ||
Over $500 million up to $1 billion | 0.70 | % | ||
Over $1 billion up to $1.5 billion | 0.675 | % | ||
Over $1.5 billion | 0.65 | % | ||
Transamerica MFS International Equity | ||||
First $250 million | 0.90 | % | ||
Over $250 million up to $500 million | 0.875 | % | ||
Over $500 million up to $1 billion | 0.85 | % | ||
Over $1 billion | 0.80 | % | ||
Transamerica PIMCO Real Return TIPS | ||||
First $250 million | 0.70 | % | ||
Over $250 million up to $750 million | 0.65 | % | ||
Over $750 million up to $1 billion | 0.60 | % | ||
Over $1 billion | 0.55 | % | ||
Transamerica PIMCO Total Return | ||||
First $250 million | 0.675 | % | ||
Over $250 million up to $750 million | 0.65 | % | ||
Over $750 million | 0.60 | % | ||
Transamerica AQR Managed Futures Strategy | ||||
First $500 million | 1.10 | % | ||
Over $500 million | 1.05 | % | ||
Transamerica Goldman Sachs Commodity Strategy (Effective September 30, 2010) | ||||
First $200 million | 0.61 | % | ||
Over $200 million up to $1 billion | 0.59 | % | ||
Over $1 billion | 0.56 | % | ||
Transamerica Goldman Sachs Commodity Strategy (Prior to September 30, 2010) | ||||
First $250 million | 0.80 | % | ||
Over $250 million up to $500 million | 0.775 | % | ||
Over $500 million | 0.75 | % |
Transamerica Funds | Annual Report 2010 |
Page 239
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At October 31, 2010
(all amounts in thousands)
Fund | Expense Limit | |||
Transamerica AllianceBernstein International Value * | 1.13 | % | ||
Transamerica BlackRock Global Allocation * | 1.00 | |||
Transamerica BlackRock Large Cap Value | 1.00 | |||
Transamerica BNY Mellon Market Neutral Strategy** | 1.65 | |||
Transamerica Federated Market Opportunity * | 1.05 | |||
Transamerica First Quadrant Global Macro | 1.65 | |||
Transamerica JPMorgan Core Bond | 0.70 | |||
Transamerica JPMorgan International Bond * | 0.75 | |||
Transamerica JPMorgan Mid Cap Value | 1.05 | |||
Transamerica Loomis Sayles Bond | 0.88 | |||
Transamerica Morgan Stanley Emerging Markets Debt | 1.15 | |||
Transamerica Morgan Stanley Mid-Cap Growth * | 1.00 | |||
Transamerica Morgan Stanley Small Company Growth | 1.15 | |||
Transamerica Neuberger Berman International * | 1.25 | |||
Transamerica Oppenheimer Developing Markets * | 1.45 | |||
Transamerica Oppenheimer Small- & Mid-Cap Value | 1.15 | |||
Transamerica Schroders International Small Cap | 1.27 | |||
Transamerica Third Avenue Value | 1.00 | |||
Transamerica Thornburg International Value | 1.35 | |||
Transamerica UBS Large Cap Value | 1.02 | |||
Transamerica WMC Emerging Markets | 1.40 | |||
Transamerica AQR Managed Futures Strategy | 1.45 | |||
Transamerica Goldman Sachs Commodity Strategy | 1.00 |
* | The Fund may not recapture any fees waived and/or reimbursed prior to March 1, 2008. | |
** | Exclusive of dividends and interest on securities sold short. |
Transamerica WMC Emerging | Reimbursement of | Available for Recapture | ||||||
Markets | Fund Expenses | Through | ||||||
Fiscal Year 2008: | $56 | 10/31/2011 | ||||||
Fiscal Year 2009: | $34 | 10/31/2012 | ||||||
Fiscal Year 2010: | $10 | 10/31/2013 |
Transamerica Funds | Annual Report 2010 |
Page 240
Table of Contents
At October 31, 2010
(all amounts in thousands)
Fund | Fees Paid to TFS | Due to TFS | ||||||
Transamerica AllianceBernstein International Value | $ | 5 | $ | 2 | ||||
Transamerica BlackRock Global Allocation | 9 | 3 | ||||||
Transamerica BlackRock Large Cap Value | 13 | 4 | ||||||
Transamerica BNY Mellon Market Neutral Strategy | 2 | 1 | ||||||
Transamerica Federated Market Opportunity | 2 | 1 | ||||||
Transamerica First Quadrant Global Macro | 3 | 1 | ||||||
Transamerica JPMorgan Core Bond | 21 | 7 | ||||||
Transamerica JPMorgan International Bond | 8 | 3 | ||||||
Transamerica JPMorgan Mid Cap Value | 3 | 1 | ||||||
Transamerica Loomis Sayles Bond | 11 | 4 | ||||||
Transamerica Morgan Stanley Emerging Markets Debt | 6 | 2 | ||||||
Transamerica Morgan Stanley Mid-Cap Growth | 6 | 2 | ||||||
Transamerica Morgan Stanley Small Company Growth | 3 | 1 | ||||||
Transamerica Neuberger Berman International | 10 | 4 | ||||||
Transamerica Oppenheimer Developing Markets | 9 | 4 | ||||||
Transamerica Oppenheimer Small- & Mid-Cap Value | 6 | 2 | ||||||
Transamerica Schroders International Small Cap | 9 | 3 | ||||||
Transamerica Third Avenue Value | 7 | 2 | ||||||
Transamerica Thornburg International Value | 12 | 5 | ||||||
Transamerica UBS Large Cap Value | 20 | 7 | ||||||
Transamerica WMC Emerging Markets | 8 | 2 | ||||||
Transamerica Clarion Global Real Estate Securities | 6 | 2 | ||||||
Transamerica Jennison Growth | 15 | 5 | ||||||
Transamerica MFS International Equity | 8 | 3 | ||||||
Transamerica PIMCO Real Return TIPS | 19 | 5 | ||||||
Transamerica PIMCO Total Return | 13 | 4 | ||||||
Transamerica AQR Managed Futures Strategy | — | 1 | ||||||
Transamerica Goldman Sachs Commodity Strategy | 3 | 1 |
Brokerage | ||||
Fund | Commissions | |||
Transamerica Third Avenue Value | $ | 51 | ||
Transamerica Morgan Stanley Mid-Cap Growth | — | (a) | ||
Transamerica UBS Large Cap Value | — | (a) |
(a) | Rounds to less than $1. |
Transamerica Funds | Annual Report 2010 |
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(all amounts in thousands)
Proceeds from maturities and sales of | ||||||||||||||||
Purchases of securities: | securities: | |||||||||||||||
Fund | Long-term | U.S. Government | Long-term | U.S. Government | ||||||||||||
Transamerica AllianceBernstein International Value | $ | 171,936 | $ | — | $ | 189,643 | $ | — | ||||||||
Transamerica BlackRock Global Allocation | 129,922 | 51,875 | 219,536 | 46,607 | ||||||||||||
Transamerica BlackRock Large Cap Value | 871,247 | — | 846,500 | — | ||||||||||||
Transamerica BNY Mellon Market Neutral Strategy | 265,961 | — | 266,541 | — | ||||||||||||
Transamerica Federated Market Opportunity | 69,162 | 32,997 | 134,532 | 17,214 | ||||||||||||
Transamerica First Quadrant Global Macro | — | — | 6,201 | — | ||||||||||||
Transamerica JPMorgan Core Bond | 594,227 | 502,327 | 13,612 | 222,359 | ||||||||||||
Transamerica JPMorgan International Bond | 342,937 | — | 608,888 | — | ||||||||||||
Transamerica JPMorgan Mid Cap Value | 49,090 | — | 88,461 | — | ||||||||||||
Transamerica Loomis Sayles Bond | 455,667 | — | 733,265 | — | ||||||||||||
Transamerica Morgan Stanley Emerging Markets Debt | 311,092 | — | 403,951 | — | ||||||||||||
Transamerica Morgan Stanley Mid-Cap Growth | 138,737 | — | 166,035 | — | ||||||||||||
Transamerica Morgan Stanley Small Company Growth | 51,868 | — | 32,000 | — | ||||||||||||
Transamerica Neuberger Berman International | 271,742 | — | 252,436 | — | ||||||||||||
Transamerica Oppenheimer Developing Markets | 270,204 | — | 307,955 | — | ||||||||||||
Transamerica Oppenheimer Small- & Mid-Cap Value | 221,974 | — | 260,977 | — | ||||||||||||
Transamerica Schroders International Small Cap | 279,206 | — | 345,086 | — | ||||||||||||
Transamerica Third Avenue Value | — | — | 91,802 | — | ||||||||||||
Transamerica Thornburg International Value | 303,766 | — | 220,822 | — | ||||||||||||
Transamerica UBS Large Cap Value | 625,671 | — | 583,703 | — | ||||||||||||
Transamerica WMC Emerging Markets | 568,737 | — | 391,534 | — | ||||||||||||
Transamerica Clarion Global Real Estate Securities | 188,122 | — | 200,406 | — | ||||||||||||
Transamerica Jennison Growth | 600,339 | — | 631,067 | — | ||||||||||||
Transamerica MFS International Equity | 221,620 | — | 151,451 | — | ||||||||||||
Transamerica PIMCO Real Return TIPS | 1,000,702 | 2,014,846 | 1,080,929 | 3,007,313 | ||||||||||||
Transamerica PIMCO Total Return | 437,960 | 830,023 | 3,050,949 | 772,099 | ||||||||||||
Transamerica Goldman Sachs Commodity Strategy | 126,485 | — | 131,526 | — |
Foreign exchange | ||||
Location | contracts | |||
Asset derivatives | ||||
Unrealized appreciation on forward foreign currency contracts | $ | 21 |
Foreign exchange | ||||
Location | contracts | |||
Realized Gain / (Loss) on derivatives recognized in income | ||||
Net realized gain on foreign currency transactions | $ | 438 | ||
Change in Unrealized Appreciation / (Depreciation) on derivatives recognized in income | ||||
Net increase (decrease) in unrealized appreciation (depreciation) on translation of assets and liabilities denominated in foreign currencies | 21 | |||
Total | $ | 459 | ||
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(all amounts in thousands)
Foreign exchange | Equity | |||||||||||
Location | contracts | Contracts | Total | |||||||||
Asset derivatives | ||||||||||||
Investment securities, at value | $ | — | $ | 304 | $ | 304 | ||||||
Unrealized appreciation on forward foreign currency contracts | 101 | — | 101 | |||||||||
Unrealized appreciation on futures contracts | — | 257 | * | 257 | ||||||||
Liability derivatives | ||||||||||||
Unrealized depreciation on forward foreign currency contracts | (189 | ) | — | (189 | ) | |||||||
Written options, at value | — | (662 | ) | (662 | ) | |||||||
Unrealized depreciation on futures contracts | — | (17) | * | (17 | ) | |||||||
Total | $ | (88 | ) | $ | (118 | ) | $ | (206 | ) | |||
* | Includes cumulative appreciation/depreciation of futures contracts as reported in the Schedule of Investments. Only current day’s variation margin is reported within the Statement of Assets and Liabilities. |
Foreign exchange | Equity | |||||||||||
Location | contracts | contracts | Total | |||||||||
Realized Gain / (Loss) on derivatives recognized in income | ||||||||||||
Net realized (loss) on investment securities | $ | (27 | ) | $ | (761 | ) | $ | (788 | ) | |||
Net realized gain on written option contracts | 878 | 878 | ||||||||||
Net realized (loss) on swap agreements | (16 | ) | (16 | ) | ||||||||
Net realized (loss) on futures contracts | (1,648 | ) | (1,648 | ) | ||||||||
Net realized (loss) on foreign currency transactions | (1,485 | ) | (1,485 | ) | ||||||||
Change in Unrealized Appreciation / (Depreciation) on derivatives recognized in income | ||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on investment securities | 401 | 401 | ||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on written option contracts | 231 | 231 | ||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on swap agreements | (231 | ) | (231 | ) | ||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on futures contracts | 403 | 403 | ||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on translation of assets and liabilities denominated in foreign currencies | 71 | 71 | ||||||||||
Total | $ | (1,441 | ) | $ | (743 | ) | $ | (2,184 | ) | |||
Foreign exchange | Equity | |||||||||||
Location | contracts | Contracts | Total | |||||||||
Asset derivatives | ||||||||||||
Investment securities, at value | $ | — | $ | 3,267 | $ | 3,267 | ||||||
Unrealized appreciation on forward currency contracts | 2,376 | — | 2,376 | |||||||||
Liability derivatives | ||||||||||||
Unrealized depreciation on forward foreign currency contracts | (3,089 | ) | — | (3,089 | ) | |||||||
Total | $ | (713 | ) | $ | 3,267 | $ | 2,554 | |||||
Transamerica Funds | Annual Report 2010 |
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Foreign exchange | Equity | |||||||||||
Location | contracts | contracts | Total | |||||||||
Realized Gain / (Loss) on derivatives recognized in income | ||||||||||||
Net realized (loss) on investment securities | $ | — | $ | (5,723 | ) | $ | (5,723 | ) | ||||
Net realized (loss) on foreign currency transactions | (58 | ) | — | (58 | ) | |||||||
Change in Unrealized Appreciation / (Depreciation) on derivatives recognized in income | ||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on investment securities | — | (2,484 | ) | (2,484 | ) | |||||||
Net increase (decrease) in unrealized appreciation (depreciation) on translation of assets and liabilities denominated in foreign currencies | (420 | ) | — | (420 | ) | |||||||
Total | $ | (478 | ) | $ | (8,207 | ) | $ | (8,685 | ) | |||
Interest rates | Foreign exchange | Equity | ||||||||||||||
Location | contracts | contracts | contracts | Total | ||||||||||||
Asset derivatives | ||||||||||||||||
Investment securities, at value | $ | — | $ | — | $ | 39 | $ | 39 | ||||||||
Unrealized appreciation on futures contracts | 1,344 | — | 597 | 1,941 | * | |||||||||||
Unrealized appreciation on forward foreign currency contracts | — | 6,314 | — | 6,314 | ||||||||||||
Liability derivatives | ||||||||||||||||
Unrealized depreciation on futures contracts | (460 | ) | — | (80 | ) | (540) | * | |||||||||
Written options, at value | — | — | (249 | ) | (249 | ) | ||||||||||
Unrealized depreciation on forward foreign currency contracts | — | (7,362 | ) | — | (7,362 | ) | ||||||||||
Total | $ | 884 | $ | (1,048 | ) | $ | 307 | $ | 143 | |||||||
* | Includes cumulative appreciation/depreciation of futures contracts as reported in the Schedule of Investments. Only current day’s variation margin is reported within the Statement of Assets and Liabilities |
Interest rates | Foreign exchange | Equity | ||||||||||||||
Location | contracts | contracts | contracts | Total | ||||||||||||
Realized Gain / (Loss) on derivatives recognized in income | ||||||||||||||||
Net realized (loss) on investment securities | $ | — | $ | — | $ | (1,764 | ) | $ | (1,764 | ) | ||||||
Net realized (loss) on futures contracts | (505 | ) | — | (933 | ) | (1,438 | ) | |||||||||
Net realized gain on written option contracts | — | — | 1,686 | 1,686 | ||||||||||||
Net realized gain on foreign currency transactions | — | 3,724 | — | 3,724 | ||||||||||||
Change in Unrealized Appreciation / (Depreciation) on derivatives recognized in income | ||||||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on investment securities | — | — | (58 | ) | (58 | ) | ||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on futures contracts | 884 | — | 517 | 1,401 | ||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on written option contracts | — | — | 178 | 178 | ||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on translation of assets and liabilities denominated in foreign currencies | — | (1,231 | ) | — | (1,231 | ) | ||||||||||
Total | $ | 379 | $ | 2,493 | $ | (374 | ) | $ | 2,498 | |||||||
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Interest rates | Foreign exchange | |||||||||||
Location | contracts | contracts | Total | |||||||||
Asset derivatives | ||||||||||||
Unrealized appreciation on futures contracts | $ | 987 | $ | — | $ | 987 | * | |||||
Unrealized appreciation on forward foreign currency contracts | — | 2,050 | 2,050 | |||||||||
Liability derivatives | ||||||||||||
Unrealized depreciation on futures contracts | (268 | ) | — | (268 | )* | |||||||
Unrealized depreciation on forward foreign currency contracts | — | (914 | ) | (914 | ) | |||||||
Total | $ | 719 | $ | 1,136 | $ | 1,855 | ||||||
* | Includes cumulative appreciation/depreciation of futures contracts as reported in the Schedule of Investments. Only current day’s variation margin is reported within the Statement of Assets and Liabilities |
Interest rates | Foreign exchange | |||||||||||
Location | contracts | contracts | Total | |||||||||
Realized Gain / (Loss) on derivatives recognized in income | ||||||||||||
Net realized gain on futures contracts | $ | 2,703 | $ | — | $ | 2,703 | ||||||
Net realized gain on foreign currency transactions | — | 9,091 | 9,091 | |||||||||
Change in Unrealized Appreciation / (Depreciation) on derivatives recognized in income | ||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on futures contracts | 878 | — | 878 | |||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on translation of assets and liabilities denominated in foreign currencies | — | 1,731 | 1,731 | |||||||||
Total | $ | 3,581 | $ | 10,822 | $ | 14,403 | ||||||
Interest rates | ||||
Location | contracts | |||
Realized Gain / (Loss) on derivatives recognized in income | ||||
Net realized gain on futures contracts | $ | 78 |
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Location | Foreign exchange contracts | |||
Asset derivatives | ||||
Unrealized appreciation on forward currency contracts | $ | 1,607 | ||
Liability derivatives | ||||
Unrealized depreciation on forward currency contracts | (5,891 | ) | ||
Total | $ | (4,284 | ) | |
Location | Foreign exchange contracts | |||
Realized Gain / (Loss) on derivatives recognized in income | ||||
Net realized gain on foreign currency transactions | $ | 876 | ||
Change in Unrealized Appreciation / (Depreciation) on derivatives recognized in income | ||||
Net increase (decrease) in unrealized appreciation (depreciation) on translation of assets and liabilities denominated in foreign currencies | (3,958 | ) | ||
Total | $ | (3,082 | ) | |
Location | Foreign exchange contracts | |||
Asset derivatives | ||||
Unrealized appreciation on forward foreign currency contracts | $ | 315 | ||
Liability derivatives | ||||
Unrealized depreciation on forward foreign currency contracts | (427 | ) | ||
Total | $ | (112 | ) | |
Location | Foreign exchange contracts | |||
Realized Gain / (Loss) on derivatives recognized in income | ||||
Net realized (loss) on foreign currency transactions | $ | (365 | ) | |
Change in Unrealized Appreciation / (Depreciation) on derivatives recognized in income | ||||
Net increase (decrease) in unrealized appreciation (depreciation) on translation of assets and liabilities denominated in foreign currencies | 236 | |||
Total | $ | (129 | ) | |
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Interest rates | Foreign exchange | Credit | ||||||||||||||
Location | contracts | contracts | contracts | Total | ||||||||||||
Asset derivatives | ||||||||||||||||
Swap agreements, at value | $ | 1,338 | $ | — | $ | 1,553 | $ | 2,891 | ||||||||
Unrealized appreciation on futures contracts | 65 | — | — | 65 | * | |||||||||||
Unrealized appreciation on forward foreign currency contracts | — | 1,366 | — | 1,366 | ||||||||||||
Liability derivatives | ||||||||||||||||
Written options and swaptions, at value | (1,654 | ) | — | — | (1,654 | ) | ||||||||||
Swap agreements, at value | (212 | ) | — | (455 | ) | (667 | ) | |||||||||
Unrealized depreciation on forward foreign currency contracts | — | (659 | ) | — | (659 | ) | ||||||||||
Total | $ | (463 | ) | $ | 707 | $ | 1,098 | $ | 1,342 | |||||||
* | Includes cumulative appreciation/depreciation of futures contracts as reported in the Schedule of Investments. Only current day’s variation margin is reported within the Statement of Assets and Liabilities |
Interest rates | Foreign exchange | Credit | ||||||||||||||||||
Location | contracts | contracts | Contracts | Equity Contract | Total | |||||||||||||||
Realized Gain / (Loss) on derivatives recognized in income | ||||||||||||||||||||
Net realized gain on written options and swaptions | $ | 3,289 | $ | 76 | $ | — | $ | — | $ | 3,365 | ||||||||||
Net realized gain (loss) on swap agreements | (522 | ) | — | (1,518 | ) | 630 | (1,410 | ) | ||||||||||||
Net realized gain on futures contracts | 3,219 | — | — | — | 3,219 | |||||||||||||||
Net realized gain on foreign currency transactions | — | 680 | — | — | 680 | |||||||||||||||
Change in Unrealized Appreciation / (Depreciation) on derivatives recognized in income | ||||||||||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on written options and swaptions | (685 | ) | — | — | — | (685 | ) | |||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on swap agreements | (382 | ) | — | 1,502 | — | 1,120 | ||||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on futures contracts | (951 | ) | — | — | — | (951 | ) | |||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on translation of assets and liabilities denominated in foreign currencies | — | 354 | — | — | 354 | |||||||||||||||
Total | $ | 3,968 | $ | 1,110 | $ | (16 | ) | $ | 630 | $ | 5,692 | |||||||||
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Interest rates | Foreign exchange | |||||||||||||||
Location | contracts | contracts | Credit contracts | Total | ||||||||||||
Asset derivatives | ||||||||||||||||
Swap agreements, at value | $ | 961 | $ | — | $ | 53 | $ | 1,014 | ||||||||
Unrealized appreciation on forward foreign currency contracts | — | 994 | — | 994 | ||||||||||||
Liability derivatives | ||||||||||||||||
Written options and swaptions, at value | (2,188 | ) | — | — | (2,188 | ) | ||||||||||
Swap agreements, at value | (55 | ) | — | (664 | ) | (719 | ) | |||||||||
Unrealized depreciation on futures contracts | (198 | ) | — | — | (198 | )* | ||||||||||
Unrealized depreciation on forward foreign currency contracts | — | (2,000 | ) | — | (2,000 | ) | ||||||||||
Total | $ | (1,480 | ) | $ | (1,006 | ) | $ | (611 | ) | $ | (3,097 | ) | ||||
* | Includes cumulative appreciation/depreciation of futures contracts as reported in the Schedule of Investments. Only current day’s variation margin is reported within the Statement of Assets and Liabilities |
Interest rates | Foreign exchange | Credit | ||||||||||||||
Location | contracts | contracts | Contracts | Total | ||||||||||||
Realized Gain / (Loss) on derivatives recognized in income | ||||||||||||||||
Net realized gain on written options and swaptions | $ | 2,638 | $ | — | $ | — | $ | 2,638 | ||||||||
Net realized gain (loss) on swap agreements | (699 | ) | — | 3 | (696 | ) | ||||||||||
Net realized gain on futures contracts | 5,971 | — | — | 5,971 | ||||||||||||
Net realized gain on foreign currency transactions | — | 2,473 | — | 2,473 | ||||||||||||
Change in Unrealized Appreciation / (Depreciation) on derivatives recognized in income | ||||||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on written options and swaptions | (1,244 | ) | — | — | (1,244 | ) | ||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on swap agreements | (743 | ) | — | (2,299 | ) | (3,042 | ) | |||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on futures contracts | (2,329 | ) | — | — | (2,329 | ) | ||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on translation of assets and liabilities denominated in foreign currencies | — | (1,062 | ) | — | (1,062 | ) | ||||||||||
Total | $ | 3,594 | $ | 1,411 | $ | (2,296 | ) | $ | 2,709 | |||||||
Interest rates | Foreign exchange | Commodity | ||||||||||||||||||
Location | contracts | contracts | Equity contracts | Contracts | Total | |||||||||||||||
Asset derivatives | ||||||||||||||||||||
Swap agreements, at value | $ | 134 | $ | — | $ | — | $ | 270 | $ | 404 | ||||||||||
Unrealized appreciation on futures contracts | 627 | — | 2,070 | 2,507 | 5,204 | * | ||||||||||||||
Unrealized appreciation on forward foreign currency contracts | — | 2,876 | — | — | 2,876 | |||||||||||||||
Liability derivatives | ||||||||||||||||||||
Swap agreements, at value | (13 | ) | — | — | (41 | ) | (54 | ) | ||||||||||||
Unrealized depreciation on futures contracts | (1,137 | ) | — | (167 | ) | (660 | ) | (1,964 | )* | |||||||||||
Unrealized depreciation on forward foreign currency contracts | — | (2,812 | ) | — | — | (2,812 | ) | |||||||||||||
Total | $ | (389 | ) | $ | 64 | $ | 1,903 | $ | 2,076 | $ | 3,654 | |||||||||
* | Includes cumulative appreciation/depreciation of futures contracts as reported in the Schedule of Investments. Only current day’s variation margin is reported within the Statement of Assets and Liabilities |
Transamerica Funds | Annual Report 2010 |
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Interest rates | Foreign exchange | Equity | Commodity | |||||||||||||||||
Location | contracts | contracts | Contracts | Contracts | Total | |||||||||||||||
Realized Gain / (Loss) on derivatives recognized in income | ||||||||||||||||||||
Net realized gain (loss) on futures contracts | $ | (229 | ) | $ | — | $ | 294 | $ | 1,246 | $ | 1,311 | |||||||||
Change in Unrealized Appreciation / (Depreciation) on derivatives recognized in income | ||||||||||||||||||||
Net increase (decrease) in unrealized appreciation on swap agreements | 120 | — | — | 230 | 350 | |||||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on futures contracts | (507 | ) | — | 1,903 | 1,844 | 3,240 | ||||||||||||||
Net increase (decrease) in unrealized appreciation (depreciation) on translation of assets and liabilities denominated in foreign currencies | — | 64 | — | — | 64 | |||||||||||||||
Total | $ | (616 | ) | $ | 64 | $ | 2,197 | $ | 3,320 | $ | 4,965 | |||||||||
Commodity | ||||
Location | Contracts | |||
Realized Gain / (Loss) on derivatives recognized in income | ||||
Net realized gain on swap agreements | $ | 7,378 |
Transamerica Funds | Annual Report 2010 |
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Note 6. (continued)
Undistributed | ||||||||||||
Shares of beneficial | Undistributed | (accumulated) net | ||||||||||
interest, unlimited shares | (accumulated) net | realized gain (loss) from | ||||||||||
Fund | authorized | investment income (loss) | investment securities | |||||||||
Transamerica AllianceBernstein International Value | $ | 1 | $ | (55 | ) | $ | 54 | |||||
Transamerica BlackRock Global Allocation | — | (758 | ) | 758 | ||||||||
Transamerica BNY Mellon Market Neutral Strategy | (1,601 | ) | 1,593 | 8 | ||||||||
Transamerica Federated Market Opportunity | 10 | 520 | (530 | ) | ||||||||
Transamerica First Quadrant Global Macro | (1,217 | ) | 1,824 | (607 | ) | |||||||
Transamerica JPMorgan Core Bond | (8 | ) | 3,829 | (3,821 | ) | |||||||
Transamerica JPMorgan International Bond | (2 | ) | 17,679 | (17,677 | ) | |||||||
Transamerica JPMorgan Mid Cap Value | (1 | ) | (1 | ) | 2 | |||||||
Transamerica Loomis Sayles Bond | (1 | ) | 5,245 | (5,244 | ) | |||||||
Transamerica Morgan Stanley Emerging Markets Debt | (3 | ) | 20 | (17 | ) | |||||||
Transamerica Morgan Stanley Mid-Cap Growth | (1 | ) | (47 | ) | 48 | |||||||
Transamerica Morgan Stanley Small Company Growth | (486 | ) | 449 | 37 | ||||||||
Transamerica Neuberger Berman International | (1 | ) | (593 | ) | 594 | |||||||
Transamerica Oppenheimer Developing Markets | (1 | ) | (722 | ) | 723 | |||||||
Transamerica Oppenheimer Small- & Mid-Cap Value | (19 | ) | 12 | 7 | ||||||||
Transamerica Schroders International Small Cap | (10 | ) | (14 | ) | 24 | |||||||
Transamerica Third Avenue Value | — | 1,954 | (1,954 | ) | ||||||||
Transamerica Thornburg International Value | — | (1,091 | ) | 1,091 | ||||||||
Transamerica WMC Emerging Markets | — | (1,237 | ) | 1,237 | ||||||||
Transamerica Clarion Global Real Estate Securities | (1 | ) | 3,758 | (3,757 | ) | |||||||
Transamerica Jennison Growth | — | (11 | ) | 11 | ||||||||
Transamerica MFS International Equity | — | (731 | ) | 731 | ||||||||
Transamerica PIMCO Real Return TIPS | — | 3,157 | (3,157 | ) | ||||||||
Transamerica PIMCO Total Return | 3 | (3,437 | ) | 3,434 | ||||||||
Transamerica AQR Managed Futures Strategy | — | 1,252 | (1,252 | ) | ||||||||
Transamerica Goldman Sachs Commodity Strategy | — | 7,195 | (7,195 | ) |
Fund | Capital Loss Carryforwards | Available Through | ||||||
Transamerica AllianceBernstein International Value | $ | 38,050 | October 31, 2016 | |||||
106,355 | October 31, 2017 | |||||||
19,187 | October 31, 2018 | |||||||
Transamerica BlackRock Global Allocation | 16,544 | October 31, 2017 | ||||||
Transamerica BlackRock Large Cap Value | 37,766 | October 31, 2016 | ||||||
112,660 | October 31, 2017 | |||||||
Transamerica BNY Mellon Market Neutral Strategy | 1,569 | October 31, 2015 | ||||||
8,524 | October 31, 2017 | |||||||
2,466 | October 31, 2018 | |||||||
Transamerica Federated Market Opportunity | 10,161 | October 31, 2017 | ||||||
Transamerica First Quadrant Global Macro | 67,965 | October 31, 2017 | ||||||
Transamerica JPMorgan Mid Cap Value | 24,781 | October 31, 2017 | ||||||
Transamerica Morgan Stanley Small Company Growth | 11,857 | October 31, 2016 | ||||||
Transamerica Neuberger Berman International | 110,404 | October 31, 2016 | ||||||
103,155 | October 31, 2017 | |||||||
869 | October 31, 2018 | |||||||
Transamerica Oppenheimer Developing Markets | 26,464 | October 31, 2017 | ||||||
Transamerica Oppenheimer Small- & Mid-Cap Value | 25,444 | October 31, 2017 | ||||||
Transamerica Third Avenue Value | 11,447 | October 31, 2016 | ||||||
85,805 | October 31, 2017 | |||||||
Transamerica UBS Large Cap Value | 27,348 | October 31, 2016 | ||||||
205,443 | October 31, 2017 | |||||||
47,451 | October 31, 2018 | |||||||
Transamerica Clarion Global Real Estate Securities | 26,287 | October 31, 2016 | ||||||
60,884 | October 31, 2017 | |||||||
12,873 | October 31, 2018 | |||||||
Transamerica Jennison Growth | 13,603 | October 31, 2016 | ||||||
13,812 | October 31, 2017 |
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At October 31, 2010
(all amounts in thousands)
Capital Loss Carryforwards | ||||
Utilized/Expired During the | ||||
Portfolio Name | Year Ended October 31, 2010 | |||
Transamerica BlackRock Global Allocation | $ | 5,057 | ||
Transamerica BlackRock Large Cap Value | 11,565 | |||
Transamerica Federated Market Opportunity | 1,866 | |||
Transamerica First Quadrant Macro | 935 | |||
Transamerica JPMorgan Core Bond | 206 | |||
Transamerica JPMorgan Mid Cap Value | 413 | |||
Transamerica Loomis Sayles Bond | 16,693 | |||
Transamerica Morgan Stanley Emerging Markets Debt | 12,672 | |||
Transamerica Morgan Stanley Mid-Cap Growth | 5,517 | |||
Transamerica Morgan Stanley Small Company Growth | 209 | |||
Transamerica Oppenheimer Developing Markets | 43,554 | |||
Transamerica Oppenheimer Small- & Mid-Cap Value | 37,120 | |||
Transamerica Schroders International Small Cap | 19,415 | |||
Transamerica Third Avenue Value | 9,600 | |||
Transamerica Jennison Growth | 14,037 | |||
Transamerica PIMCO Real Return TIPS | 15,770 | |||
Transamerica Goldman Sachs Commodity Strategy | 4,088 |
2010 Distributions Paid From | 2009 Distributions Paid From | |||||||||||||||||||
Ordinary | Long-term | Long-term | ||||||||||||||||||
income | Capital Gain | Ordinary income | Capital Gain | Return of Capital | ||||||||||||||||
Transamerica AllianceBernstein International Value | $ | 6,770 | $ | — | $ | 12,685 | $ | — | $ | — | ||||||||||
Transamerica BlackRock Global Allocation | 9,113 | — | 24,110 | 19,362 | — | |||||||||||||||
Transamerica BlackRock Large Cap Value | 8,593 | — | 8,083 | — | — | |||||||||||||||
Transamerica BNY Mellon Market Neutral Strategy | — | — | — | — | 1,349 | |||||||||||||||
Transamerica Federated Market Opportunity | 722 | — | 1,595 | 2,752 | 1,344 | |||||||||||||||
Transamerica First Quadrant Global Macro | — | — | 11,145 | 29,757 | 1,013 | |||||||||||||||
Transamerica JPMorgan Core Bond | 23,223 | — | 1,127 | — | — | |||||||||||||||
Transamerica JPMorgan International Bond | 23,884 | 5,896 | 35,346 | 14,205 | — | |||||||||||||||
Transamerica JPMorgan Mid Cap Value | 3,125 | — | 3,462 | 1,014 | — | |||||||||||||||
Transamerica Loomis Sayles Bond | 36,806 | — | 47,564 | 1,282 | — | |||||||||||||||
Transamerica Morgan Stanley Emerging Markets Debt | 20,346 | — | 20,808 | — | — | |||||||||||||||
Transamerica Morgan Stanley Mid-Cap Growth | 439 | — | 121 | — | — | |||||||||||||||
Transamerica Morgan Stanley Small Company Growth | — | — | 1,229 | — | 125 | |||||||||||||||
Transamerica Neuberger Berman International | 4,520 | — | 8,575 | — | — | |||||||||||||||
Transamerica Oppenheimer Developing Markets | 2,488 | — | 6,583 | 57,191 | — | |||||||||||||||
Transamerica Oppenheimer Small- & Mid-Cap Value | 1,363 | — | 701 | — | — | |||||||||||||||
Transamerica Schroders International Small Cap | 3,075 | — | 1,875 | — | — | |||||||||||||||
Transamerica Third Avenue Value | 6,092 | — | — | — | — | |||||||||||||||
Transamerica Thornburg International Value | 5,292 | — | 14 | 620 | — | |||||||||||||||
Transamerica UBS Large Cap Value | 12,793 | — | 16,273 | — | — | |||||||||||||||
Transamerica WMC Emerging Markets | 3,355 | 1,031 | — | — | — | |||||||||||||||
Transamerica Clarion Global Real Estate Securities | 19,485 | — | 4,979 | — | — | |||||||||||||||
Transamerica Jennison Growth | 765 | — | 430 | — | — | |||||||||||||||
Transamerica MFS International Equity | 13,036 | 190 | — | — | — | |||||||||||||||
Transamerica PIMCO Real Return TIPS | 30,698 | — | 22,958 | 3,893 | — | |||||||||||||||
Transamerica PIMCO Total Return | 52,759 | — | 47,632 | — | — | |||||||||||||||
Transamerica Goldman Sachs Commodity Strategy | 634 | — | 463 | — | — |
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(all amounts in thousands)
Undistributed | Other | Net Unrealized | ||||||||||||||||||
Undistributed | Long-term | Capital Loss | Temporary | Appreciation | ||||||||||||||||
Fund | Ordinary income | Capital Gain | Carryforward | Differences | (Depreciation)* | |||||||||||||||
Transamerica AllianceBernstein International Value | $ | 6,582 | $ | — | $ | (163,592 | ) | $ | — | $ | (10,650 | ) | ||||||||
Transamerica BlackRock Global Allocation | 6,084 | — | (16,544 | ) | (845 | ) | 43,055 | |||||||||||||
Transamerica BlackRock Large Cap Value | 6,421 | — | (150,426 | ) | — | 31,493 | ||||||||||||||
Transamerica BNY Mellon Market Neutral Strategy | — | — | (12,559 | ) | — | 1,839 | ||||||||||||||
Transamerica Federated Market Opportunity | 412 | — | (10,161 | ) | — | (36 | ) | |||||||||||||
Transamerica First Quadrant Global Macro | — | — | (67,965 | ) | — | 477 | ||||||||||||||
Transamerica JPMorgan Core Bond | 8,815 | — | — | — | 38,597 | |||||||||||||||
Transamerica JPMorgan International Bond | 25,254 | 2,936 | — | (5,531 | ) | 47,790 | ||||||||||||||
Transamerica JPMorgan Mid Cap Value | 1,532 | — | (24,781 | ) | — | 24,223 | ||||||||||||||
Transamerica Loomis Sayles Bond | 10,073 | 10,200 | — | (1,482 | ) | 54,472 | ||||||||||||||
Transamerica Morgan Stanley Emerging Markets Debt | 806 | 6,903 | — | (113 | ) | 19,910 | ||||||||||||||
Transamerica Morgan Stanley Mid-Cap Growth | 559 | 17,544 | — | — | 70,309 | |||||||||||||||
Transamerica Morgan Stanley Small Company Growth | — | — | (11,857 | ) | — | 31,936 | ||||||||||||||
Transamerica Neuberger Berman International | 6,849 | — | (214,428 | ) | — | 106,303 | ||||||||||||||
Transamerica Oppenheimer Developing Markets | 1,724 | — | (26,464 | ) | — | 143,235 | ||||||||||||||
Transamerica Oppenheimer Small- & Mid-Cap Value | — | — | (25,444 | ) | — | 48,065 | ||||||||||||||
Transamerica Schroders International Small Cap | 5,757 | 3,093 | — | — | 73,984 | |||||||||||||||
Transamerica Third Avenue Value | 6,852 | — | (97,252 | ) | — | (48,995 | ) | |||||||||||||
Transamerica Thornburg International Value | 3,805 | 4,994 | — | — | 129,759 | |||||||||||||||
Transamerica UBS Large Cap Value | 10,114 | — | (280,242 | ) | — | 47,709 | ||||||||||||||
Transamerica WMC Emerging Markets | 8,436 | 15,357 | — | — | 50,680 | |||||||||||||||
Transamerica Clarion Global Real Estate Securities | 12,876 | — | (100,044 | ) | — | 40,154 | ||||||||||||||
Transamerica Jennison Growth | 210 | — | (27,415 | ) | — | 137,852 | ||||||||||||||
Transamerica MFS International Equity | 10,561 | 22,067 | — | — | 60,734 | |||||||||||||||
Transamerica PIMCO Real Return TIPS | 8,131 | 24,373 | — | (339 | ) | 67,574 | ||||||||||||||
Transamerica PIMCO Total Return | 9,467 | 9,767 | — | (1,372 | ) | 11,602 | ||||||||||||||
Transamerica AQR Managed Futures Strategy | 3,621 | 950 | — | (15 | ) | 171 | ||||||||||||||
Transamerica Goldman Sachs Commodity Strategy | 7,529 | 6,295 | — | — | 3 |
* | Amounts include unrealized gain/loss from wash sales, foreign currency, securities sold short and derivative instruments, if applicable. |
% of Net | ||||||||
Transamerica AQR Managed Futures Strategy | Market Value | Assets | ||||||
Transamerica Cayman AQR Managed Futures Strategy, Ltd. | $ | 59,060 | 22.90 | % |
% of Net | ||||||||
Transamerica Goldman Sachs Commodity Strategy | Market Value | Assets | ||||||
Transamerica Cayman Goldman Sachs Commodity Strategy, Ltd. | $ | 29,427 | 20.02 | % |
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December 23, 2010
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(FORMERLY TRANSAMERICA UBS DYNAMIC ALPHA)
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(FORMERLY TRANSAMERICA VAN KAMPEN EMERGING MARKETS DEBT)
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(FORMERLY TRANSAMERICA VAN KAMPEN MID-CAP GROWTH)
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(FORMERLY TRANSAMERICA VAN KAMPEN SMALL COMPANY GROWTH)
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(FORMERLY TRANSAMERICA BLACKROCK NATURAL RESOURCES)
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(FORMERLY KNOWN AS TRANSAMERICA BLACKROCK NATURAL RESOURCES)
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Qualified Dividend | ||||
Fund | Income | |||
Transamerica AllianceBernstein International Value | $ | 6,345 | ||
Transamerica BlackRock Global Allocation | 4,697 | |||
Transamerica BlackRock Large Cap Value | 8,503 | |||
Transamerica Federated Market Opportunity | 519 | |||
Transamerica JPMorgan Mid Cap Value | 2,941 | |||
Transamerica Loomis Sayles Bond | 863 | |||
Transamerica Neuberger Berman International | 4,517 | |||
Transamerica Oppenheimer Small- & Mid-Cap Value | 947 | |||
Transamerica Schroders International Small Cap | 2,984 | |||
Transamerica Third Avenue Value | 4,212 | |||
Transamerica Thornburg International Value | 3,931 | |||
Transamerica UBS Large Cap Value | 11,964 | |||
Transamerica WMC Emerging Markets | 1,255 | |||
Transamerica Clarion Global Real Estate Securities | 606 | |||
Transamerica Jennison Growth | 361 | |||
Transamerica MFS International Equity | 5,683 | |||
Transamerica PIMCO Real Return TIPS | 30 | |||
Transamerica PIMCO Total Return | 319 | |||
Transamerica Goldman Sachs Commodity Strategy (formerly, Transamerica BlackRock Natural Resources) | 562 |
Dividend Received | ||||
Fund | Deduction Percentage | |||
Transamerica BlackRock Global Allocation | 31.00 | % | ||
Transamerica BlackRock Large Cap Value | 100.00 | |||
Transamerica Federated Market Opportunity | 0.88 | |||
Transamerica JPMorgan Mid Cap Value | 100.00 | |||
Transamerica Loomis Sayles Bond | 2.55 | |||
Transamerica Oppenheimer Small- & Mid-Cap Value | 100.00 | |||
Transamerica Third Avenue Value | 27.77 | |||
Transamerica UBS Large Cap Value | 100.00 | |||
Transamerica Jennison Growth | 100.00 | |||
Transamerica PIMCO Real Return TIPS | 0.09 | |||
Transamerica PIMCO Total Return | 0.81 | |||
Transamerica Goldman Sachs Commodity Strategy (formerly, Transamerica BlackRock Natural Resources) | 100.00 |
Long-Term Capital Gain | ||||
Fund | Designation | |||
Transamerica JPMorgan International Bond | $ | 5,896 | ||
Transamerica WMC Emerging Markets | 1,031 | |||
Transamerica MFS International Equity | 190 |
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(unaudited)
Number of | ||||||||||||
Funds in | ||||||||||||
Term of | Complex | |||||||||||
Office and | Overseen | |||||||||||
Position(s) Held | Length of | Principal Occupation(s) During | by Board | Other | ||||||||
Name and Age | with Trust | Time Served* | Past 5 Years | Member | Directorships | |||||||
INTERESTED BOARD MEMBER** | ||||||||||||
John K. Carter (1961) | Chairman, Board Member, President, and Chief Executive Officer | Since 1999 | Chairman and Board Member (2008 — 2010), President (2007 — 2010), Chief Executive Officer (2006 — 2010), Vice President, Secretary and Chief Compliance Officer (2003 — 2006), Transamerica Investors, Inc. (“TII”); | 152 | N/A | |||||||
Chairman, Board Member, President and Chief Executive Officer, TPP, TPFG, TPFG II and TAAVF (2007 — present); | ||||||||||||
Chairman (2007 — present), Board Member (2006 — present), President and Chief Executive Officer (2006 — present), Senior Vice President (1999 — 2006), Chief Compliance Officer, General Counsel and Secretary (1999 — 2006), Transamerica Funds and TST; | ||||||||||||
Chairman (2007 — present), Board Member (2006 — present), President and Chief Executive Officer (2006 — present), Senior Vice President (2002 — 2006), General Counsel, Secretary and Chief Compliance Officer (2002 — 2006), TIS; | ||||||||||||
Chairman, President and Chief Executive Officer (2006 — present), Director (2002 — present), Senior Vice President (1999 — 2006), General Counsel and Secretary (2000 — 2006), Chief Compliance Officer (2004 — 2006), TAM; | ||||||||||||
Chairman, President and Chief Executive Officer (2006 — present), Senior Vice President (1999 — 2006), Director (2002 — present), General Counsel and Secretary (2001 — 2006), Transamerica Fund Services, Inc. (“TFS”); |
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Number of | ||||||||||||
Funds in | ||||||||||||
Term of | Complex | |||||||||||
Office and | Overseen | |||||||||||
Position(s) Held | Length of | Principal Occupation(s) During | by Board | Other | ||||||||
Name and Age | with Trust | Time Served* | Past 5 Years | Member | Directorships | |||||||
Vice President, AFSG Securities Corporation (2001 — present); | ||||||||||||
Senior Vice President, General Counsel and Secretary, Transamerica Index Funds, Inc. (“TIF”) (2002 — 2004); and | ||||||||||||
Director, (2008 — present), Vice President, Transamerica Investment Services, Inc. (“TISI”) (2003 — 2005) and Transamerica Investment Management, LLC (“TIM”) (2001 — 2005). | ||||||||||||
INDEPENDENT BOARD MEMBERS*** | ||||||||||||
Sandra N. Bane (1952) | Board Member | Since 2008 | Retired (1999 — present); | 152 | Big 5 Sporting Goods (2002 — present); AGL Resources, Inc. (energy services holding company) (2008 — present) | |||||||
Partner, KPMG (1975 — 1999); | ||||||||||||
Board Member, TII (2003 — 2010); and | ||||||||||||
Board Member, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (2008 — present). | ||||||||||||
Leo J. Hill (1956) | Lead Independent Board Member | Since 2002 | Principal, Advisor Network Solutions, LLC (business consulting) (2006 — present); | 152 | N/A | |||||||
Board Member, TST (2001 — present); | ||||||||||||
Board Member, Transamerica Funds and TIS (2002 — present); | ||||||||||||
Board Member, TPP, TPFG, TPFG II and TAAVF (2007 — present); | ||||||||||||
Board Member, TII (2008 — 2010); | ||||||||||||
President, L. J. Hill & Company (a holding company for privately-held assets) (1999 — present); | ||||||||||||
Market President, Nations Bank of Sun Coast Florida (1998 — 1999); | ||||||||||||
Chairman, President and Chief Executive Officer, Barnett Banks of Treasure Coast Florida (1994 — 1998); | ||||||||||||
Executive Vice President and Senior Credit Officer, Barnett Banks of Jacksonville, Florida (1991 — 1994); and | ||||||||||||
Senior Vice President and Senior Loan Administration Officer, Wachovia Bank of Georgia (1976 — 1991). |
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Number of | ||||||||||||
Funds in | ||||||||||||
Term of | Complex | |||||||||||
Office and | Overseen | |||||||||||
Position(s) Held | Length of | Principal Occupation(s) During | by Board | Other | ||||||||
Name and Age | with Trust | Time Served* | Past 5 Years | Member | Directorships | |||||||
David W. Jennings (1946) | Board Member | Since 2009 | Board Member, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (2009 — present); | 152 | N/A | |||||||
Board Member, TII (2009 — 2010); | ||||||||||||
Principal, Maxam Capital Management, LLC (2006 — 2008); and | ||||||||||||
Principal, Cobble Creek Management LP (2004 — 2006). | ||||||||||||
Russell A. Kimball, Jr. (1944) | Board Member | 1986 — 1990 and Since 2002 | General Manager, Sheraton Sand Key Resort (1975 — present); | 152 | N/A | |||||||
Board Member, TST (1986 — present); | ||||||||||||
Board Member, Transamerica Funds, (1986 — 1990), (2002 — present); | ||||||||||||
Board Member, TIS (2002 — present); | ||||||||||||
Board Member, TPP, TPFG, TPFG II and TAAVF (2007 — present); and | ||||||||||||
Board Member, TII (2008 — 2010). | ||||||||||||
Eugene M. Mannella (1954) | Board Member | Since 2007 | Chief Executive Officer, HedgeServ Corporation (hedge fund administration) (2008 — present); | 152 | N/A | |||||||
Self-employed consultant (2006 — present); | ||||||||||||
President, ARAPAHO Partners LLC (limited purpose broker-dealer) (1998 — 2008); | ||||||||||||
Board Member, TPP, TPFG, TPFG II and TAAVF (1993 — present); | ||||||||||||
Board Member, Transamerica Funds, TST and TIS (2007 — present); | ||||||||||||
Board Member, TII (2008 — 2010); and | ||||||||||||
President, International Fund Services (alternative asset administration) (1993 — 2005). |
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Number of | ||||||||||||
Funds in | ||||||||||||
Term of | Complex | |||||||||||
Office and | Overseen | |||||||||||
Position(s) Held | Length of | Principal Occupation(s) During | by Board | Other | ||||||||
Name and Age | with Trust | Time Served* | Past 5 Years | Member | Directorships | |||||||
Norman R. Nielsen, Ph.D. | Board Member | Since 2006 | Retired (2005 — present); | 152 | Buena Vista University Board of Trustees (2004 — present) | |||||||
(1939) | ||||||||||||
Board Member, Transamerica Funds, TST and TIS (2006 — present); | ||||||||||||
Board Member, TPP, TPFG, TPFG II and TAAVF (2007 — present); | ||||||||||||
Board Member, TII (2008 — 2010); | ||||||||||||
Director, Iowa Student Loan Service Corporation (2006 — present); | ||||||||||||
Director, League for Innovation in the Community Colleges (1985 — 2005); | ||||||||||||
Director, Iowa Health Systems (1994 — 2003); | ||||||||||||
Director, U.S. Bank (1985 — 2006); and | ||||||||||||
President, Kirkwood Community College (1985 — 2005). | ||||||||||||
Joyce G. Norden (1939) | Board Member | Since 2007 | Retired (2004 — present); | �� | 152 | Board of Governors, Reconstruction -ist Rabbinical College (2007 — present) | ||||||
Board Member, TPFG, TPFG II and TAAVF (1993 — present); | ||||||||||||
Board Member, TPP (2002 — present); | ||||||||||||
Board Member, Transamerica Funds, TST and TIS (2007 — present); | ||||||||||||
Board Member, TII (2008 — 2010); and | ||||||||||||
Vice President, Institutional Advancement, Reconstructionist Rabbinical College (1996 — 2004). | ||||||||||||
Patricia L. Sawyer (1950) | Board Member | Since 2007 | Retired (2007 — present); | 152 | Honorary Trustee, Bryant University (1996 — present) | |||||||
President/Founder, Smith & Sawyer LLC (management consulting) (1989 — 2007); | ||||||||||||
Board Member, Transamerica Funds, TST and TIS (2007 — present); | ||||||||||||
Board Member, TII (2008 — 2010); | ||||||||||||
Board Member, TPP, TPFG, TPFG II and TAAVF (1993 — present); | ||||||||||||
Trustee, Chair of Finance Committee and Chair of Nominating Committee (1987 — 1996), Bryant University; | ||||||||||||
Vice President, American Express (1987 — 1989); | ||||||||||||
Vice President, The Equitable (1986 — 1987); and | ||||||||||||
Strategy Consultant, Booz, Allen & Hamilton (1982 — 1986). |
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Number of | ||||||||||||
Funds in | ||||||||||||
Term of | Complex | |||||||||||
Office and | Overseen | |||||||||||
Position(s) Held | Length of | Principal Occupation(s) During | by Board | Other | ||||||||
Name and Age | with Trust | Time Served* | Past 5 Years | Member | Directorships | |||||||
John W. Waechter (1952) | Board Member | Since 2005 | Attorney, Englander & Fischer, P.A. (2008 — present); | 152 | Operation PAR, Inc. (2008 — present); West Central Florida Council — Boy Scouts of America (2008 — present) | |||||||
Retired (2004 — 2008); | ||||||||||||
Board Member, TST and TIS (2004 — present); | ||||||||||||
Board Member, Transamerica Funds (2005 — present); | ||||||||||||
Board Member, TPP, TPFG, TPFG II and TAAVF (2007 — present); | ||||||||||||
Board Member, TII (2008 — 2010); | ||||||||||||
Employee, RBC Dain Rauscher (securities dealer) (2004); | ||||||||||||
Executive Vice President, Chief Financial Officer and Chief Compliance Officer, William R. Hough & Co. (securities dealer) (1979 — 2004); and | ||||||||||||
Treasurer, The Hough Group of Funds (1993 — 2004). |
* | Each Board Member shall hold office until: 1) his or her successor is elected and qualified or 2) he or she resigns, retires or his or her term as a Board Member is terminated in accordance with the Trust’s Declaration of Trust. | |
** | May be deemed an “interested person” (as that term is defined in the 1940 Act) of the Trust because of his employment with TAM or an affiliate of TAM. | |
*** | Independent Board Member means a Board Member who is not an “interested person” (as defined under the 1940 Act) of the Trust. |
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Term of Office and Length of | Principal Occupation(s) or | |||||
Name and Age | Position | Time Served* | Employment During Past 5 Years | |||
John K. Carter (1961) | Chairman, Board Member, President, and Chief Executive Officer | Since 1999 | See the table above. | |||
Dennis P. Gallagher (1970) | Vice President, General Counsel and Secretary | Since 2006 | Vice President, General Counsel and Secretary, Transamerica Funds, TST and TIS (2006 — present); | |||
Vice President, General Counsel and Secretary, TII, (2006 — 2010); | ||||||
Vice President, General Counsel and Secretary, TPP, TPFG, TPFG II and TAAVF (2007 — present); | ||||||
Director, Senior Vice President, General Counsel, Operations, and Secretary, TAM and TFS (2006 — present); | ||||||
Assistant Vice President, TCI (2007 — present); | ||||||
Director, Deutsche Asset Management (1998 — 2006); and | ||||||
Corporate Associate, Ropes & Gray LLP (1995 — 1998). | ||||||
Robert A. DeVault, Jr. (1965) | Vice President, Treasurer and Principal Financial Officer | Since 2009 | Vice President, Treasurer and Principal Financial Officer, (March 2010 — present), Assistant Treasurer, (2009 — 2010), Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF; | |||
Vice President (March 2010 — present), Assistant Vice President (2007 — 2010) and Manager, Fund Administration, (2002 — 2007), TFS; and | ||||||
Vice President (March 2010 — present), TAM. | ||||||
Christopher A. Staples (1970) | Vice President and Chief Investment Officer | Since 2005 | Vice President and Chief Investment Officer (2007 — 2010); Vice President — Investment Administration (2005 — 2007), TII; | |||
Vice President and Chief Investment Officer (2007 — present), Senior Vice President — Investment Management (2006 — 2007), Vice President - Investment Management (2005 — 2006), Transamerica Funds, TST and TIS; | ||||||
Vice President and Chief Investment Officer, TPP, TPFG, TPFG II and TAAVF (2007 — present); | ||||||
Director (2005 — present), Senior Vice President — Investment Management (2006 — present) and Chief Investment Officer (2007 — present), TAM; | ||||||
Director, TFS (2005 — present); and | ||||||
Assistant Vice President, Raymond James & Associates (1999 — 2004). |
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Term of Office and Length of | Principal Occupation(s) or | |||||
Name and Age | Position | Time Served* | Employment During Past 5 Years | |||
Robert S. Lamont, Jr. (1973) | Vice President, Chief Compliance Officer and Conflicts of Interest Officer | Since 2010 | Vice President, Chief Compliance Officer and Conflicts of Interest Officer, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (February 2010 — present); | |||
Vice President and Senior Counsel, TAM and TFS (2007 — present); | ||||||
Senior Counsel, United States Securities and Exchange Commission (2004 — 2007); and | ||||||
Associate, Dechert, LLP (1999 — 2004). | ||||||
Bradley O. Ackerman (1966) | Anti-Money Laundering Officer | Since 2007 | Anti-Money Laundering Officer, TPP, TPFG, TPFG II and TAAVF (2009 — present); | |||
Anti-Money Laundering Officer, Transamerica Funds (2007 — present); | ||||||
Senior Compliance Officer, TAM (2007 — present); and | ||||||
Director, Institutional Services, Rydex Investments (2002 — 2007). | ||||||
Sarah L. Bertrand (1967) | Assistant Secretary | Since 2009 | Assistant Secretary, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (2009 — present); | |||
Assistant Secretary, TII (2009 — 2010); | ||||||
Assistant Vice President and Director, Legal Administration, TAM and TFS (2007 — present); | ||||||
Assistant Secretary and Chief Compliance Officer, 40|86 Series Trust and 40|86 Strategic Income Fund (2000 — 2007); and | ||||||
Second Vice President and Assistant Secretary, Legal and Compliance, 40|86 Capital Management, Inc. (1994 — 2007). | ||||||
Timothy J. Bresnahan (1968) | Assistant Secretary | Since 2009 | Assistant Secretary, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (2009 — present); | |||
Assistant Secretary, TII (2009 — 2010); | ||||||
Counsel, TAM (2008 — present); | ||||||
Counsel (contract), Massachusetts Financial Services, Inc. (2007); | ||||||
Assistant Counsel, BISYS Fund Services Ohio, Inc. (2005 — 2007); and | ||||||
Associate, Greenberg Traurig, P.A. (2004 — 2005). |
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Term of Office and Length of | Principal Occupation(s) or | |||||
Name and Age | Position | Time Served* | Employment During Past 5 Years | |||
Margaret A. Cullem-Fiore (1957) | Assistant Secretary | Since 2010 | Assistant Secretary, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (April 2010 — present); | |||
Assistant Vice President, TCI (2009 — present); | ||||||
Vice President and Senior Counsel, TAM and TFS (2006 — present); | ||||||
Vice President and Senior Counsel, Transamerica Financial Advisors, Inc. (2004 — 2007); and | ||||||
Vice President and Senior Counsel, Western Reserve Life Assurance Co. of Ohio (2006). | ||||||
Richard E. Shield, Jr. (1974) | Tax Officer | Since 2008 | Tax Officer, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (2008 — present); | |||
Tax Officer, TII (2008 — 2010); | ||||||
Tax Manager, Jeffrey P. McClanathan, CPA (2006 — 2007) and Gregory, Sharer & Stuart (2005 — 2006); | ||||||
Tax Senior, Kirkland, Russ, Murphy & Tapp, P.A. (2003 — 2005); and | ||||||
Certified Public Accountant, Schultz, Chaipel & Co., LLP (1998 — 2003). | ||||||
Elizabeth Strouse (1974) | Assistant Treasurer | Since 2010 | Assistant Treasurer, Transamerica Funds, TST, TIS, TPP, TPFG, TPFG II and TAAVF (April 2010 — present); | |||
Director, Fund Financial Services (2009 — present), TFS; | ||||||
Director, Fund Administration, TIAA-CREF (2007 — 2009); and | ||||||
Manager (2006 — 2007) and Senior (2003 — 2006) Accounting and Assurance, PricewaterhouseCoopers, LLC. |
* | Elected and serves at the pleasure of the Board of the Trust. |
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(unaudited)
Transamerica Funds | Annual Report 2010 |
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• | Information we receive from you on applications or other forms, such as your name, address, and account number; | |
• | Information about your transactions with us, our affiliates, or others, such as your account balance and purchase/redemption history; and | |
• | Information we receive from non-affiliated third parties, including consumer reporting agencies. |
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Clearwater, FL 33758-9012
P.O. Box 9012 • Clearwater, FL 33758-9012
Distributor: Transamerica Capital, Inc.