Transamerica Intermediate Bond
SCHEDULE OF INVESTMENTS
At July 31, 2020
(unaudited)
| Principal | Value | |||||||
| ASSET-BACKED SECURITIES - 7.5% | ||||||||
BlueMountain CLO, Ltd. | ||||||||
Series 2015-2A, Class A1R, | ||||||||
3-Month LIBOR + 0.93%, | $ 7,443,805 | $ 7,376,505 | ||||||
BXG Receivables Note Trust | ||||||||
Series 2015-A, Class A, | ||||||||
2.88%, 05/02/2030 (B) | 779,185 | 774,836 | ||||||
CIFC Funding, Ltd. | ||||||||
Series 2013-2A, Class A1LR, | ||||||||
3-Month LIBOR + 1.21%, | 11,780,000 | 11,623,526 | ||||||
Hilton Grand Vacations Trust | ||||||||
Series 2017-AA, Class A, | ||||||||
2.66%, 12/26/2028 (B) | 702,316 | 707,288 | ||||||
ICG CLO, Ltd. | ||||||||
Series 2014-1A, Class A1R, | ||||||||
3-Month LIBOR + 1.22%, | 2,743,714 | 2,687,221 | ||||||
JG Wentworth XXI LLC | ||||||||
Series 2010-2A, Class A, | ||||||||
4.07%, 01/15/2048 (B) | 642,119 | 678,990 | ||||||
JG Wentworth XXII LLC | ||||||||
Series 2010-3A, Class A, | ||||||||
3.82%, 12/15/2048 (B) | 921,130 | 966,817 | ||||||
JGWPT XXVIII LLC | ||||||||
Series 2013-1A, Class A, | ||||||||
3.22%, 04/15/2067 (B) | 1,189,263 | 1,296,998 | ||||||
Laurel Road Prime Student Loan Trust | ||||||||
Series 2018-B, Class A2FX, | ||||||||
3.54%, 05/26/2043 (B) | 2,551,305 | 2,589,916 | ||||||
Mill City Mortgage Loan Trust | ||||||||
Series 2016-1, Class A1, | ||||||||
2.50% (A), 04/25/2057 (B) | 647,205 | 651,868 | ||||||
MVW Owner Trust | ||||||||
Series 2014-1A, Class A, | ||||||||
2.25%, 09/22/2031 (B) | 512,603 | 512,960 | ||||||
Series 2016-1A, Class A, | ||||||||
2.25%, 12/20/2033 (B) | 2,008,367 | 2,007,362 | ||||||
Series 2019-1A, Class A, | ||||||||
2.89%, 11/20/2036 (B) | 1,136,461 | 1,171,457 | ||||||
New Residential Advanced Receivables Trust | ||||||||
Series 2019-T2, Class AT2, | ||||||||
2.52%, 08/15/2053 (B) | 12,340,000 | 12,209,311 | ||||||
Series 2019-T3, Class AT3, | ||||||||
2.51%, 09/15/2052 (B) | 11,600,000 | 11,628,464 | ||||||
Series 2019-T4, Class AT4, | ||||||||
2.33%, 10/15/2051 (B) | 1,240,000 | 1,241,825 | ||||||
NRZ Advance Receivables Trust | ||||||||
Series 2019-T1, Class AT1, | ||||||||
2.59%, 07/15/2052 (B) | 5,250,000 | 5,257,016 | ||||||
Octagon Investment Partners 33, Ltd. | ||||||||
Series 2017-1A, Class A1, | ||||||||
3-Month LIBOR + 1.19%, | 3,600,000 | 3,542,036 | ||||||
Ocwen Master Advance Receivables Trust | ||||||||
Series 2019-T1, Class AT1, | ||||||||
2.51%, 08/15/2050 (B) | 5,918,000 | 5,916,761 | ||||||
Series 2019-T2, Class AT2, | ||||||||
2.42%, 08/15/2051 (B) | 5,918,000 | 5,918,506 | ||||||
| Principal | Value | |||||||
| ASSET-BACKED SECURITIES (continued) | ||||||||
Orange Lake Timeshare Trust | ||||||||
Series 2014-AA, Class A, | ||||||||
2.29%, 07/09/2029 (B) | $ 270,279 | $ 270,245 | ||||||
Series 2015-AA, Class A, | ||||||||
2.88%, 09/08/2027 (B) | 587,985 | 588,782 | ||||||
Series 2018-A, Class A, | ||||||||
3.10%, 11/08/2030 (B) | 2,049,980 | 2,083,292 | ||||||
Series 2018-A, Class B, | ||||||||
3.35%, 11/08/2030 (B) | 1,677,242 | 1,684,363 | ||||||
Series 2019-A, Class A, | ||||||||
3.06%, 04/09/2038 (B) | 1,132,877 | 1,155,330 | ||||||
Palmer Square CLO, Ltd. | ||||||||
Series 2015-2A, Class A1R2, | ||||||||
3-Month LIBOR + 1.10%, | 6,450,000 | 6,335,416 | ||||||
RAAC Trust | ||||||||
Series 2007-RP4, Class A, | ||||||||
1-Month LIBOR + 0.35%, | 654,312 | 604,765 | ||||||
Sierra Timeshare Receivables Funding LLC | ||||||||
Series 2015-3A, Class A, | ||||||||
2.58%, 09/20/2032 (B) | 419,499 | 419,510 | ||||||
Series 2016-2A, Class A, | ||||||||
2.33%, 07/20/2033 (B) | 645,589 | 648,497 | ||||||
SolarCity LMC LLC | ||||||||
Series 2014-2, Class A, | ||||||||
4.02%, 07/20/2044 (B) | 1,839,177 | 1,829,530 | ||||||
Towd Point Mortgage Trust | ||||||||
Series 2015-4, Class A1B, | ||||||||
2.75% (A), 04/25/2055 (B) | 422,850 | 425,468 | ||||||
Series 2015-5, Class A1B, | ||||||||
2.75% (A), 05/25/2055 (B) | 2,664,627 | 2,682,576 | ||||||
Series 2015-6, Class A1B, | ||||||||
2.75% (A), 04/25/2055 (B) | 1,790,942 | 1,817,961 | ||||||
Series 2016-2, Class A1A, | ||||||||
2.75% (A), 08/25/2055 (B) | 2,051,399 | 2,095,631 | ||||||
Series 2016-3, Class A1, | ||||||||
2.25% (A), 04/25/2056 (B) | 3,206,257 | 3,229,071 | ||||||
Series 2016-4, Class A1, | ||||||||
2.25% (A), 07/25/2056 (B) | 2,494,194 | 2,519,457 | ||||||
Series 2017-1, Class A1, | ||||||||
2.75% (A), 10/25/2056 (B) | 3,102,685 | 3,188,582 | ||||||
Series 2017-2, Class A1, | ||||||||
2.75% (A), 04/25/2057 (B) | 3,598,393 | 3,672,943 | ||||||
Series 2017-3, Class A1, | ||||||||
2.75% (A), 07/25/2057 (B) | 1,091,899 | 1,120,077 | ||||||
Series 2018-1, Class A1, | ||||||||
3.00% (A), 01/25/2058 (B) | 9,745,345 | 10,091,502 | ||||||
VB-S1 Issuer LLC | ||||||||
Series 2018-1A, Class C, | ||||||||
3.41%, 02/15/2048 (B) | 3,945,000 | 4,062,843 | ||||||
VSE VOI Mortgage LLC | ||||||||
Series 2016-A, Class A, | ||||||||
2.54%, 07/20/2033 (B) | 2,642,922 | 2,633,073 | ||||||
The notes are an integral part of this report. Transamerica Funds | Page 1 |
Transamerica Intermediate Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2020
(unaudited)
| Principal | Value | |||||||
| ASSET-BACKED SECURITIES (continued) | ||||||||
Welk Resorts LLC | ||||||||
Series 2017-AA, Class A, | ||||||||
2.82%, 06/15/2033 (B) | $ 3,699,017 | $ 3,691,641 | ||||||
Wellfleet CLO, Ltd. | ||||||||
Series 2016-2A, Class A1R, | ||||||||
3-Month LIBOR + 1.14%, | 7,991,408 | 7,925,919 | ||||||
|
| |||||||
Total Asset-Backed Securities |
| 143,536,137 | ||||||
|
| |||||||
| CORPORATE DEBT SECURITIES - 36.6% | ||||||||
| Aerospace & Defense - 0.8% | ||||||||
BAE Systems PLC | ||||||||
3.40%, 04/15/2030 (B) | 2,003,000 | 2,258,355 | ||||||
Boeing Co. | ||||||||
3.50%, 03/01/2039 | 4,261,000 | 3,940,808 | ||||||
5.15%, 05/01/2030 | 3,665,000 | 3,998,693 | ||||||
Huntington Ingalls Industries, Inc. | ||||||||
3.84%, 05/01/2025 (B) | 1,592,000 | 1,768,763 | ||||||
L3 Harris Technologies, Inc. | ||||||||
2.90%, 12/15/2029 | 2,149,000 | 2,387,782 | ||||||
|
| |||||||
| 14,354,401 | ||||||||
|
| |||||||
| Airlines - 0.6% | ||||||||
American Airlines Pass-Through Trust | ||||||||
3.20%, 12/15/2029 | 186 | 175 | ||||||
Delta Air Lines Pass-Through Trust | ||||||||
6.82%, 02/10/2024 | 2,911,974 | 2,854,928 | ||||||
JetBlue Pass-Through Trust | ||||||||
2.75%, 11/15/2033 | 4,325,607 | 4,067,320 | ||||||
Southwest Airlines Co. Pass-Through Trust | ||||||||
6.15%, 02/01/2024 | 166,696 | 166,906 | ||||||
United Airlines Pass-Through Trust | ||||||||
3.75%, 03/03/2028 | 2,703,595 | 2,495,712 | ||||||
US Airways Pass-Through Trust | ||||||||
5.38%, 05/15/2023 | 1,951,176 | 1,605,421 | ||||||
|
| |||||||
| 11,190,462 | ||||||||
|
| |||||||
| Auto Components - 0.1% | ||||||||
BorgWarner, Inc. | ||||||||
3.38%, 03/15/2025 (C) | 2,046,000 | 2,225,108 | ||||||
|
| |||||||
| Automobiles - 0.2% | ||||||||
General Motors Co. | ||||||||
4.88%, 10/02/2023 | 2,058,000 | 2,239,805 | ||||||
6.25%, 10/02/2043 | 811,000 | 965,919 | ||||||
|
| |||||||
| 3,205,724 | ||||||||
|
| |||||||
| Banks - 5.7% | ||||||||
Banco Santander SA | ||||||||
2.75%, 05/28/2025 | 4,400,000 | 4,647,622 | ||||||
Bank of America Corp. | ||||||||
Fixed until 06/19/2040, | 2,845,000 | 3,029,507 | ||||||
Fixed until 01/23/2025, | 9,413,000 | 10,389,802 | ||||||
Fixed until 12/20/2027, | 4,899,000 | 5,535,341 | ||||||
Barclays Bank PLC | ||||||||
10.18%, 06/12/2021 (B) | 6,042,000 | 6,489,475 | ||||||
Barclays PLC | ||||||||
5.20%, 05/12/2026 | 1,652,000 | 1,877,812 | ||||||
| Principal | Value | |||||||
| CORPORATE DEBT SECURITIES (continued) | ||||||||
BNP Paribas SA | ||||||||
Fixed until 06/09/2025, | $ 1,853,000 | $ 1,930,001 | ||||||
CIT Group, Inc. | ||||||||
4.13%, 03/09/2021 | 555,000 | 557,081 | ||||||
Citigroup, Inc. | ||||||||
Fixed until 10/27/2027, | 7,839,000 | 8,835,315 | ||||||
Commerzbank AG | ||||||||
8.13%, 09/19/2023 (B) | 5,316,000 | 6,142,535 | ||||||
Credit Agricole SA | ||||||||
3.25%, 01/14/2030 (B) | 4,080,000 | 4,485,216 | ||||||
Credit Suisse AG | ||||||||
2.80%, 04/08/2022 | 1,995,000 | 2,073,242 | ||||||
Danske Bank A/S | ||||||||
Fixed until 12/20/2024, | 4,622,000 | 4,956,105 | ||||||
Discover Bank | ||||||||
3.45%, 07/27/2026 | 4,042,000 | 4,424,529 | ||||||
ING Groep NV | ||||||||
Fixed until 07/01/2025, | 2,645,000 | 2,690,413 | ||||||
Intesa Sanpaolo SpA | ||||||||
5.02%, 06/26/2024 (B) | 2,945,000 | 3,099,190 | ||||||
JPMorgan Chase & Co. | ||||||||
Fixed until 05/13/2030, | 3,006,000 | 3,274,100 | ||||||
Fixed until 04/22/2040, | 4,793,000 | 5,434,908 | ||||||
4.13%, 12/15/2026 | 4,481,000 | 5,250,909 | ||||||
Lloyds Banking Group PLC | ||||||||
Fixed until 11/07/2022, | 2,121,000 | 2,218,013 | ||||||
Fixed until 07/09/2024, | 2,481,000 | 2,733,121 | ||||||
Macquarie Bank, Ltd. | ||||||||
3.62%, 06/03/2030 (B) | 3,037,000 | 3,250,943 | ||||||
National Australia Bank, Ltd. | ||||||||
Fixed until 08/02/2029, | 1,911,000 | 2,155,993 | ||||||
Truist Financial Corp. | ||||||||
1.95%, 06/05/2030, MTN | 2,786,000 | 2,936,448 | ||||||
Wells Fargo & Co. | ||||||||
4.10%, 06/03/2026, MTN | 7,425,000 | 8,414,436 | ||||||
Fixed until 06/15/2024 (D), | 2,083,000 | 2,119,452 | ||||||
|
| |||||||
| 108,951,509 | ||||||||
|
| |||||||
| Beverages - 1.1% | ||||||||
Anheuser-Busch InBev Worldwide, Inc. | ||||||||
3.50%, 06/01/2030 | 2,843,000 | 3,261,927 | ||||||
4.15%, 01/23/2025 | 842,000 | 960,839 | ||||||
4.44%, 10/06/2048 | 2,483,000 | 2,984,179 | ||||||
4.75%, 01/23/2029 | 2,909,000 | 3,580,153 | ||||||
Constellation Brands, Inc. | ||||||||
3.15%, 08/01/2029 | 1,485,000 | 1,643,948 | ||||||
3.70%, 12/06/2026 | 1,061,000 | 1,224,528 | ||||||
Keurig Dr. Pepper, Inc. | ||||||||
3.20%, 05/01/2030 | 2,703,000 | 3,068,277 | ||||||
Pernod Ricard SA | ||||||||
4.45%, 01/15/2022 (B) | 2,330,000 | 2,457,429 | ||||||
5.75%, 04/07/2021 (B) | 2,364,000 | 2,449,049 | ||||||
|
| |||||||
| 21,630,329 | ||||||||
|
| |||||||
The notes are an integral part of this report. Transamerica Funds | Page 2 |
Transamerica Intermediate Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2020
(unaudited)
| Principal | Value | |||||||
| CORPORATE DEBT SECURITIES (continued) | ||||||||
| Biotechnology - 0.5% | ||||||||
AbbVie, Inc. | ||||||||
3.20%, 05/14/2026 | $ 1,317,000 | $ 1,470,059 | ||||||
4.05%, 11/21/2039 (B) | 1,787,000 | 2,198,792 | ||||||
Amgen, Inc. | ||||||||
2.20%, 02/21/2027 | 2,816,000 | 3,005,483 | ||||||
Biogen, Inc. | ||||||||
2.25%, 05/01/2030 | 1,859,000 | 1,940,695 | ||||||
Gilead Sciences, Inc. | ||||||||
4.15%, 03/01/2047 | 895,000 | 1,228,507 | ||||||
|
| |||||||
| 9,843,536 | ||||||||
|
| |||||||
| Building Products - 0.2% | ||||||||
Carrier Global Corp. | ||||||||
2.72%, 02/15/2030 (B) | 3,275,000 | 3,461,074 | ||||||
|
| |||||||
| Capital Markets - 1.7% | ||||||||
Credit Suisse Group Funding Guernsey, Ltd. | ||||||||
3.75%, 03/26/2025 | 3,730,000 | 4,125,117 | ||||||
Goldman Sachs Group, Inc. | ||||||||
6.75%, 10/01/2037 | 3,440,000 | 5,167,576 | ||||||
Lazard Group LLC | ||||||||
4.50%, 09/19/2028 | 4,899,000 | 5,690,481 | ||||||
Morgan Stanley | ||||||||
Fixed until 01/22/2030, | 3,503,000 | 3,819,288 | ||||||
3.70%, 10/23/2024, MTN | 4,716,000 | 5,269,803 | ||||||
5.00%, 11/24/2025 | 3,020,000 | 3,599,751 | ||||||
UBS AG | ||||||||
7.63%, 08/17/2022 | 4,959,000 | 5,553,482 | ||||||
|
| |||||||
| 33,225,498 | ||||||||
|
| |||||||
| Chemicals - 0.2% | ||||||||
Syngenta Finance NV | ||||||||
3.93%, 04/23/2021 (B) | 3,870,000 | 3,908,808 | ||||||
|
| |||||||
| Commercial Services & Supplies - 0.5% | ||||||||
CK Hutchison International 17 II, Ltd. | ||||||||
2.25%, 09/29/2020 (B) | 775,000 | 775,977 | ||||||
ERAC USA Finance LLC | ||||||||
2.70%, 11/01/2023 (B) | 3,323,000 | 3,457,704 | ||||||
3.85%, 11/15/2024 (B) | 2,280,000 | 2,491,744 | ||||||
Waste Connections, Inc. | ||||||||
2.60%, 02/01/2030 | 2,470,000 | 2,706,598 | ||||||
|
| |||||||
| 9,432,023 | ||||||||
|
| |||||||
| Communications Equipment - 0.2% | ||||||||
Nokia OYJ | ||||||||
3.38%, 06/12/2022 | 3,636,000 | 3,754,170 | ||||||
|
| |||||||
| Construction & Engineering - 1.2% | ||||||||
SBA Tower Trust | ||||||||
2.84%, 01/15/2050 (B) | 13,033,000 | 13,601,425 | ||||||
3.17%, 04/09/2047 (B) | 3,423,000 | 3,479,485 | ||||||
3.45%, 03/15/2048 (B) | 4,919,000 | 5,156,631 | ||||||
|
| |||||||
| 22,237,541 | ||||||||
|
| |||||||
| Construction Materials - 0.6% | ||||||||
CRH America Finance, Inc. | ||||||||
4.50%, 04/04/2048 (B) | 2,162,000 | 2,501,847 | ||||||
| Principal | Value | |||||||
| CORPORATE DEBT SECURITIES (continued) | ||||||||
| Construction Materials (continued) | ||||||||
LafargeHolcim Finance LLC | ||||||||
4.75%, 09/22/2046 (B) | $ 4,153,000 | $ 4,956,399 | ||||||
Martin Marietta Materials, Inc. | ||||||||
3.50%, 12/15/2027 | 1,514,000 | 1,689,443 | ||||||
4.25%, 12/15/2047 | 2,304,000 | 2,756,751 | ||||||
|
| |||||||
| 11,904,440 | ||||||||
|
| |||||||
| Consumer Finance - 0.4% | ||||||||
Ally Financial, Inc. | ||||||||
3.88%, 05/21/2024 | 2,337,000 | 2,496,882 | ||||||
American Express Co. | ||||||||
4.05%, 12/03/2042 | 1,567,000 | 2,076,620 | ||||||
BMW US Capital LLC | ||||||||
2.80%, 04/11/2026 (B) | 3,613,000 | 3,911,502 | ||||||
|
| |||||||
| 8,485,004 | ||||||||
|
| |||||||
| Containers & Packaging - 0.1% | ||||||||
Reynolds Group Issuer, Inc. / Reynolds Group Issuer LLC / Reynolds Group Issuer Lu | ||||||||
5.13%, 07/15/2023 (B) | 2,095,000 | 2,127,054 | ||||||
|
| |||||||
| Diversified Consumer Services - 0.0% (E) | ||||||||
President & Fellows of Harvard College | ||||||||
3.62%, 10/01/2037 | 491,000 | 618,181 | ||||||
|
| |||||||
| Diversified Financial Services - 0.6% | ||||||||
AerCap Ireland Capital DAC / AerCap Global Aviation Trust | ||||||||
4.50%, 09/15/2023 | 2,876,000 | 2,924,883 | ||||||
6.50%, 07/15/2025 | 736,000 | 789,801 | ||||||
Aviation Capital Group LLC | ||||||||
5.50%, 12/15/2024 (B) | 5,865,000 | 6,008,004 | ||||||
Element Fleet Management Corp. | ||||||||
3.85%, 06/15/2025 (B) | 2,390,000 | 2,515,723 | ||||||
|
| |||||||
| 12,238,411 | ||||||||
|
| |||||||
| Diversified Telecommunication Services - 1.4% | ||||||||
AT&T, Inc. | ||||||||
3.40%, 05/15/2025 (F) | 4,687,000 | 5,213,561 | ||||||
Hughes Satellite Systems Corp. | ||||||||
7.63%, 06/15/2021 | 2,295,000 | 2,409,750 | ||||||
Level 3 Financing, Inc. | ||||||||
3.40%, 03/01/2027 (B) | 2,673,000 | 2,880,104 | ||||||
Sprint Capital Corp. | ||||||||
6.88%, 11/15/2028 | 822,000 | 1,065,888 | ||||||
Verizon Communications, Inc. | ||||||||
3.50%, 11/01/2024 | 5,863,000 | 6,535,138 | ||||||
5.50%, 03/16/2047 | 5,378,000 | 8,366,719 | ||||||
|
| |||||||
| 26,471,160 | ||||||||
|
| |||||||
| Electric Utilities - 1.9% | ||||||||
Appalachian Power Co. | ||||||||
3.40%, 06/01/2025 | 3,399,000 | 3,779,299 | ||||||
Cleveland Electric Illuminating Co. | ||||||||
5.95%, 12/15/2036 | 345,000 | 460,436 | ||||||
DTE Electric Co. | ||||||||
4.30%, 07/01/2044 | 4,094,000 | 5,472,880 | ||||||
Duke Energy Corp. | ||||||||
3.75%, 04/15/2024 - 09/01/2046 | 9,107,000 | 10,888,585 | ||||||
Duke Energy Progress LLC | ||||||||
3.60%, 09/15/2047 | 1,530,000 | 1,900,506 | ||||||
Entergy Arkansas LLC | ||||||||
3.70%, 06/01/2024 | 838,000 | 926,195 | ||||||
Oncor Electric Delivery Co. LLC | ||||||||
4.10%, 06/01/2022 | 2,542,000 | 2,686,598 | ||||||
5.30%, 06/01/2042 | 397,000 | 604,923 | ||||||
The notes are an integral part of this report. Transamerica Funds | Page 3 |
Transamerica Intermediate Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2020
(unaudited)
| Principal | Value | |||||||
| CORPORATE DEBT SECURITIES (continued) | ||||||||
| Electric Utilities (continued) | ||||||||
Pacific Gas & Electric Co. | ||||||||
2.50%, 02/01/2031 | $ 2,745,000 | $ 2,754,795 | ||||||
PacifiCorp | ||||||||
3.60%, 04/01/2024 | 3,188,000 | 3,490,116 | ||||||
5.75%, 04/01/2037 | 301,000 | 449,015 | ||||||
Public Service Electric & Gas Co. | ||||||||
3.00%, 05/15/2025, MTN | 1,628,000 | 1,804,002 | ||||||
|
| |||||||
| 35,217,350 | ||||||||
|
| |||||||
| Electronic Equipment, Instruments & Components - 0.5% | ||||||||
Amphenol Corp. | ||||||||
2.80%, 02/15/2030 | 2,790,000 | 3,073,647 | ||||||
Arrow Electronics, Inc. | ||||||||
3.88%, 01/12/2028 | 2,026,000 | 2,210,457 | ||||||
Keysight Technologies, Inc. | ||||||||
4.60%, 04/06/2027 | 3,952,000 | 4,671,575 | ||||||
|
| |||||||
| 9,955,679 | ||||||||
|
| |||||||
| Energy Equipment & Services - 0.3% | ||||||||
Schlumberger Holdings Corp. | ||||||||
3.90%, 05/17/2028 (B) | 3,648,000 | 4,027,542 | ||||||
Schlumberger Investment SA | ||||||||
3.65%, 12/01/2023 | 629,000 | 683,259 | ||||||
|
| |||||||
| 4,710,801 | ||||||||
|
| |||||||
| Equity Real Estate Investment Trusts - 1.6% | ||||||||
American Tower Trust #1 | ||||||||
3.65%, 03/15/2048 (B) | 2,000,000 | 2,170,858 | ||||||
CyrusOne, LP / CyrusOne Finance Corp. | ||||||||
2.90%, 11/15/2024 | 2,578,000 | 2,775,191 | ||||||
Equinix, Inc. | ||||||||
5.38%, 05/15/2027 | 2,855,000 | 3,141,471 | ||||||
Healthcare Trust of America Holdings, LP | ||||||||
3.10%, 02/15/2030 | 2,441,000 | 2,574,018 | ||||||
Healthpeak Properties, Inc. | ||||||||
3.50%, 07/15/2029 | 2,242,000 | 2,528,814 | ||||||
Highwoods Realty, LP | ||||||||
3.05%, 02/15/2030 | 3,133,000 | 3,247,490 | ||||||
Life Storage, LP | ||||||||
4.00%, 06/15/2029 | 2,326,000 | 2,635,250 | ||||||
Prologis, LP | ||||||||
2.13%, 04/15/2027 | 1,391,000 | 1,491,452 | ||||||
Realty Income Corp. | ||||||||
3.25%, 01/15/2031 | 1,317,000 | 1,477,761 | ||||||
Service Properties Trust | ||||||||
5.00%, 08/15/2022 | 4,215,000 | 4,161,600 | ||||||
Weyerhaeuser Co. | ||||||||
4.00%, 04/15/2030 | 3,090,000 | 3,594,560 | ||||||
|
| |||||||
| 29,798,465 | ||||||||
|
| |||||||
| Food & Staples Retailing - 0.5% | ||||||||
Sysco Corp. | ||||||||
3.30%, 07/15/2026 | 3,329,000 | 3,614,638 | ||||||
Walmart, Inc. | ||||||||
3.63%, 12/15/2047 | 4,540,000 | 6,021,443 | ||||||
|
| |||||||
| 9,636,081 | ||||||||
|
| |||||||
| Food Products - 0.2% | ||||||||
Campbell Soup Co. | ||||||||
2.38%, 04/24/2030 | 3,596,000 | 3,809,057 | ||||||
|
| |||||||
| Health Care Equipment & Supplies - 0.7% | ||||||||
Abbott Laboratories | ||||||||
1.40%, 06/30/2030 | 1,391,000 | 1,429,310 | ||||||
| Principal | Value | |||||||
| CORPORATE DEBT SECURITIES (continued) | ||||||||
| Health Care Equipment & Supplies (continued) | ||||||||
Alcon Finance Corp. | ||||||||
2.75%, 09/23/2026 (B) | $ 1,862,000 | $ 2,041,385 | ||||||
Boston Scientific Corp. | ||||||||
4.70%, 03/01/2049 | 2,810,000 | 3,966,581 | ||||||
DENTSPLY SIRONA, Inc. | ||||||||
3.25%, 06/01/2030 | 2,900,000 | 3,172,919 | ||||||
Stryker Corp. | ||||||||
1.95%, 06/15/2030 | 2,808,000 | 2,918,687 | ||||||
|
| |||||||
| 13,528,882 | ||||||||
|
| |||||||
| Health Care Providers & Services - 1.3% | ||||||||
Anthem, Inc. | ||||||||
2.25%, 05/15/2030 | 2,615,000 | 2,768,571 | ||||||
Centene Corp. | ||||||||
3.38%, 02/15/2030 | 2,847,000 | 3,014,261 | ||||||
Cigna Corp. | ||||||||
2.40%, 03/15/2030 | 2,542,000 | 2,711,781 | ||||||
CVS Health Corp. | ||||||||
3.75%, 04/01/2030 | 3,846,000 | 4,512,205 | ||||||
HCA, Inc. | ||||||||
4.13%, 06/15/2029 | 1,049,000 | 1,227,806 | ||||||
5.25%, 04/15/2025 | 1,007,000 | 1,172,997 | ||||||
Health Care Service Corp. | ||||||||
2.20%, 06/01/2030 (B) | 1,628,000 | 1,676,295 | ||||||
Quest Diagnostics, Inc. | ||||||||
4.20%, 06/30/2029 | 4,194,000 | 5,092,848 | ||||||
UnitedHealth Group, Inc. | ||||||||
2.00%, 05/15/2030 | 2,395,000 | 2,552,958 | ||||||
|
| |||||||
| 24,729,722 | ||||||||
|
| |||||||
| Household Durables - 0.2% | ||||||||
D.R. Horton, Inc. | ||||||||
4.38%, 09/15/2022 | 3,547,000 | 3,782,090 | ||||||
|
| |||||||
| Industrial Conglomerates - 0.3% | ||||||||
Carlisle Cos., Inc. | ||||||||
3.75%, 12/01/2027 | 2,099,000 | 2,370,751 | ||||||
General Electric Co. | ||||||||
6.88%, 01/10/2039, MTN | 2,063,000 | 2,679,241 | ||||||
|
| |||||||
| 5,049,992 | ||||||||
|
| |||||||
| Insurance - 1.5% | ||||||||
American International Group, Inc. | ||||||||
4.20%, 04/01/2028 | 2,783,000 | 3,290,930 | ||||||
4.25%, 03/15/2029 | 2,220,000 | 2,637,446 | ||||||
Aon Corp. | ||||||||
2.80%, 05/15/2030 | 2,886,000 | 3,164,379 | ||||||
CNA Financial Corp. | ||||||||
3.90%, 05/01/2029 | 2,494,000 | 2,847,169 | ||||||
Five Corners Funding Trust II | ||||||||
2.85%, 05/15/2030 (B) | 3,936,000 | 4,260,585 | ||||||
Markel Corp. | ||||||||
3.35%, 09/17/2029 | 4,808,000 | 5,278,949 | ||||||
Progressive Corp. | ||||||||
3.20%, 03/26/2030 | 1,466,000 | 1,716,669 | ||||||
Reinsurance Group of America, Inc. | ||||||||
3.90%, 05/15/2029 | 5,272,000 | 5,956,878 | ||||||
|
| |||||||
| 29,153,005 | ||||||||
|
| |||||||
| Interactive Media & Services - 0.5% | ||||||||
Baidu, Inc. | ||||||||
4.38%, 05/14/2024 | 5,327,000 | 5,886,868 | ||||||
Tencent Holdings, Ltd. | ||||||||
3.28%, 04/11/2024 (B) | 3,690,000 | 3,938,102 | ||||||
|
| |||||||
| 9,824,970 | ||||||||
|
| |||||||
The notes are an integral part of this report. Transamerica Funds | Page 4 |
Transamerica Intermediate Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2020
(unaudited)
| Principal | Value | |||||||
| CORPORATE DEBT SECURITIES (continued) | ||||||||
| Internet & Direct Marketing Retail - 0.1% | ||||||||
Expedia Group, Inc. | ||||||||
3.80%, 02/15/2028 | $ 2,325,000 | $ 2,302,366 | ||||||
|
| |||||||
| IT Services - 0.3% | ||||||||
Fidelity National Information Services, Inc. | ||||||||
3.75%, 05/21/2029 (C) | 1,699,000 | 2,035,418 | ||||||
Fiserv, Inc. | ||||||||
3.50%, 07/01/2029 | 3,077,000 | 3,561,004 | ||||||
|
| |||||||
| 5,596,422 | ||||||||
|
| |||||||
| Life Sciences Tools & Services - 0.1% | ||||||||
Thermo Fisher Scientific, Inc. | ||||||||
5.30%, 02/01/2044 | 1,528,000 | 2,245,996 | ||||||
|
| |||||||
| Machinery - 0.1% | ||||||||
Oshkosh Corp. | ||||||||
3.10%, 03/01/2030 | 760,000 | 794,768 | ||||||
Xylem, Inc. | ||||||||
1.95%, 01/30/2028 | 1,786,000 | 1,856,594 | ||||||
|
| |||||||
| 2,651,362 | ||||||||
|
| |||||||
| Media - 0.6% | ||||||||
Charter Communications Operating LLC / Charter Communications Operating Capital | ||||||||
4.80%, 03/01/2050 | 2,022,000 | 2,450,162 | ||||||
Clear Channel Worldwide Holdings, Inc. | ||||||||
5.13%, 08/15/2027 (B) | 2,020,000 | 1,979,600 | ||||||
NBCUniversal Enterprise, Inc. | ||||||||
5.25%, 03/19/2021 (B) (D) | 2,806,000 | 2,827,045 | ||||||
NBCUniversal Media LLC | ||||||||
4.45%, 01/15/2043 | 3,081,000 | 4,141,923 | ||||||
|
| |||||||
| 11,398,730 | ||||||||
|
| |||||||
| Metals & Mining - 0.3% | ||||||||
Anglo American Capital PLC | ||||||||
4.00%, 09/11/2027 (B) | 3,796,000 | 4,223,422 | ||||||
4.75%, 04/10/2027 (B) | 905,000 | 1,041,359 | ||||||
Freeport-McMoRan, Inc. | ||||||||
3.88%, 03/15/2023 | 1,125,000 | 1,196,010 | ||||||
|
| |||||||
| 6,460,791 | ||||||||
|
| |||||||
| Multi-Utilities - 0.3% | ||||||||
Black Hills Corp. | ||||||||
4.25%, 11/30/2023 | 2,683,000 | 2,935,944 | ||||||
CMS Energy Corp. | ||||||||
3.88%, 03/01/2024 | 407,000 | 446,332 | ||||||
4.88%, 03/01/2044 | 547,000 | 753,915 | ||||||
Public Service Enterprise Group, Inc. | ||||||||
2.65%, 11/15/2022 | 1,171,000 | 1,223,830 | ||||||
|
| |||||||
| 5,360,021 | ||||||||
|
| |||||||
| Oil, Gas & Consumable Fuels - 2.7% | ||||||||
BP Capital Markets PLC | ||||||||
3.12%, 05/04/2026 (C) | 6,320,000 | 6,938,261 | ||||||
Energy Transfer Operating, LP | ||||||||
4.90%, 02/01/2024 | 1,606,000 | 1,720,384 | ||||||
5.15%, 03/15/2045 | 936,000 | 907,059 | ||||||
5.95%, 10/01/2043 | 725,000 | 734,897 | ||||||
7.60%, 02/01/2024 | 2,269,000 | 2,604,583 | ||||||
Enterprise Products Operating LLC | ||||||||
4.25%, 02/15/2048 | 5,576,000 | 6,374,870 | ||||||
Kinder Morgan Energy Partners, LP | ||||||||
4.15%, 02/01/2024 | 3,919,000 | 4,309,664 | ||||||
| Principal | Value | |||||||
| CORPORATE DEBT SECURITIES (continued) | ||||||||
| Oil, Gas & Consumable Fuels (continued) | ||||||||
Nexen, Inc. | ||||||||
5.88%, 03/10/2035 | $ 110,000 | $ 158,736 | ||||||
Noble Energy, Inc. | ||||||||
3.25%, 10/15/2029 | 2,295,000 | 2,580,805 | ||||||
Occidental Petroleum Corp. | ||||||||
5.55%, 03/15/2026 | 6,303,000 | 6,325,060 | ||||||
Petroleos Mexicanos | ||||||||
6.84%, 01/23/2030 (B) | 4,604,000 | 4,281,720 | ||||||
6.88%, 08/04/2026 | 2,785,000 | 2,771,938 | ||||||
7.69%, 01/23/2050 (B) | 641,000 | 563,631 | ||||||
Plains All American Pipeline, LP / PAA Finance Corp. | ||||||||
3.55%, 12/15/2029 | 1,738,000 | 1,716,817 | ||||||
Sabine Pass Liquefaction LLC | ||||||||
4.20%, 03/15/2028 | 1,621,000 | 1,784,219 | ||||||
Shell International Finance BV | ||||||||
2.50%, 09/12/2026 | 3,680,000 | 4,009,602 | ||||||
3.75%, 09/12/2046 | 1,603,000 | 1,951,275 | ||||||
Williams Cos., Inc. | ||||||||
5.40%, 03/04/2044 | 614,000 | 734,342 | ||||||
7.88%, 09/01/2021 | 601,000 | 646,262 | ||||||
|
| |||||||
| 51,114,125 | ||||||||
|
| |||||||
| Pharmaceuticals - 1.1% | ||||||||
AstraZeneca PLC | ||||||||
2.38%, 06/12/2022 | 3,080,000 | 3,183,841 | ||||||
4.00%, 01/17/2029 | 1,224,000 | 1,496,045 | ||||||
4.38%, 08/17/2048 | 1,339,000 | 1,903,659 | ||||||
Bayer US Finance II LLC | ||||||||
4.38%, 12/15/2028 (B) | 2,430,000 | 2,873,150 | ||||||
Bristol-Myers Squibb Co. | ||||||||
3.20%, 06/15/2026 | 1,443,000 | 1,638,906 | ||||||
Merck & Co., Inc. | ||||||||
3.40%, 03/07/2029 | 1,699,000 | 2,007,759 | ||||||
Takeda Pharmaceutical Co., Ltd. | ||||||||
5.00%, 11/26/2028 | 3,325,000 | 4,176,113 | ||||||
Upjohn, Inc. | ||||||||
2.30%, 06/22/2027 (B) | 1,396,000 | 1,467,026 | ||||||
Zoetis, Inc. | ||||||||
2.00%, 05/15/2030 | 1,822,000 | 1,928,079 | ||||||
|
| |||||||
| 20,674,578 | ||||||||
|
| |||||||
| Professional Services - 0.3% | ||||||||
Equifax, Inc. | ||||||||
2.60%, 12/01/2024 | 2,246,000 | 2,398,066 | ||||||
Experian Finance PLC | ||||||||
2.75%, 03/08/2030 (B) | 2,782,000 | 3,057,062 | ||||||
|
| |||||||
| 5,455,128 | ||||||||
|
| |||||||
| Road & Rail - 0.5% | ||||||||
Avolon Holdings Funding, Ltd. | ||||||||
4.38%, 05/01/2026 (B) | 5,789,000 | 5,121,590 | ||||||
CSX Corp. | ||||||||
3.80%, 11/01/2046 - 04/15/2050 | 3,489,000 | 4,353,415 | ||||||
|
| |||||||
| 9,475,005 | ||||||||
|
| |||||||
| Semiconductors & Semiconductor Equipment - 1.5% | ||||||||
Intel Corp. | ||||||||
2.88%, 05/11/2024 | 1,960,000 | 2,121,066 | ||||||
KLA Corp. | ||||||||
3.30%, 03/01/2050 | 2,434,000 | 2,726,790 | ||||||
Lam Research Corp. | ||||||||
1.90%, 06/15/2030 | 2,076,000 | 2,199,862 | ||||||
3.75%, 03/15/2026 | 3,036,000 | 3,512,316 | ||||||
Micron Technology, Inc. | ||||||||
2.50%, 04/24/2023 | 1,410,000 | 1,472,074 | ||||||
The notes are an integral part of this report. Transamerica Funds | Page 5 |
Transamerica Intermediate Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2020
(unaudited)
| Principal | Value | |||||||
| CORPORATE DEBT SECURITIES (continued) | ||||||||
| Semiconductors & Semiconductor Equipment (continued) | ||||||||
NVIDIA Corp. | ||||||||
2.85%, 04/01/2030 | $ 2,695,000 | $ 3,018,145 | ||||||
NXP BV / NXP Funding LLC / NXP USA, Inc. | ||||||||
3.40%, 05/01/2030 (B) | 1,277,000 | 1,409,213 | ||||||
QUALCOMM, Inc. | ||||||||
3.25%, 05/20/2027 - 05/20/2050 | 5,043,000 | 5,835,185 | ||||||
Sensata Technologies, Inc., Co. | ||||||||
4.38%, 02/15/2030 (B) | 2,585,000 | 2,762,564 | ||||||
Xilinx, Inc. | ||||||||
2.38%, 06/01/2030 | 2,775,000 | 3,007,239 | ||||||
|
| |||||||
| 28,064,454 | ||||||||
|
| |||||||
| Software - 0.6% | ||||||||
Adobe, Inc. | ||||||||
2.15%, 02/01/2027 | 2,565,000 | 2,790,287 | ||||||
Infor, Inc. | ||||||||
1.75%, 07/15/2025 (B) | 2,869,000 | 2,957,366 | ||||||
Intuit, Inc. | ||||||||
1.35%, 07/15/2027 | 1,953,000 | 2,001,155 | ||||||
Microsoft Corp. | ||||||||
3.30%, 02/06/2027 | 2,908,000 | 3,370,252 | ||||||
|
| |||||||
| 11,119,060 | ||||||||
|
| |||||||
| Technology Hardware, Storage & Peripherals - 1.0% | ||||||||
Apple, Inc. | ||||||||
2.65%, 05/11/2050 | 2,086,000 | 2,301,932 | ||||||
2.85%, 02/23/2023 | 3,138,000 | 3,326,812 | ||||||
Dell International LLC / EMC Corp. | ||||||||
6.02%, 06/15/2026 (B) | 2,344,000 | 2,748,514 | ||||||
Hewlett Packard Enterprise Co. | ||||||||
4.45%, 10/02/2023 | 2,674,000 | 2,935,110 | ||||||
Seagate HDD Cayman | ||||||||
4.13%, 01/15/2031 (B) | 488,000 | 523,869 | ||||||
Western Digital Corp. | ||||||||
4.75%, 02/15/2026 | 5,945,000 | 6,458,470 | ||||||
|
| |||||||
| 18,294,707 | ||||||||
|
| |||||||
| Tobacco - 0.5% | ||||||||
Altria Group, Inc. | ||||||||
3.40%, 05/06/2030 | 2,434,000 | 2,720,420 | ||||||
BAT Capital Corp. | ||||||||
3.22%, 08/15/2024 | 3,132,000 | 3,384,421 | ||||||
4.91%, 04/02/2030 | 2,324,000 | 2,803,538 | ||||||
|
| |||||||
| 8,908,379 | ||||||||
|
| |||||||
| Wireless Telecommunication Services - 1.0% | ||||||||
America Movil SAB de CV | ||||||||
3.13%, 07/16/2022 | 2,675,000 | 2,792,454 | ||||||
4.38%, 07/16/2042 | 2,100,000 | 2,698,115 | ||||||
Crown Castle Towers LLC | ||||||||
3.22%, 05/15/2042 (B) | 3,550,000 | 3,608,694 | ||||||
3.72%, 07/15/2043 (B) | 3,233,000 | 3,377,991 | ||||||
Sprint Corp. | ||||||||
7.25%, 09/15/2021 | 1,520,000 | 1,605,500 | ||||||
7.88%, 09/15/2023 | 1,290,000 | 1,496,400 | ||||||
T-Mobile USA, Inc. | ||||||||
3.88%, 04/15/2030 (B) | 3,813,000 | 4,366,838 | ||||||
|
| |||||||
| 19,945,992 | ||||||||
|
| |||||||
Total Corporate Debt Securities |
| 697,527,643 | ||||||
|
| |||||||
| Principal | Value | |||||||
| FOREIGN GOVERNMENT OBLIGATIONS - 1.5% | ||||||||
| Brazil - 0.1% | ||||||||
Brazil Government International Bond | ||||||||
4.25%, 01/07/2025 (C) | $ 1,440,000 | $ 1,551,600 | ||||||
|
| |||||||
| Chile - 0.1% | ||||||||
Chile Government International Bond | ||||||||
3.50%, 01/25/2050 | 2,200,000 | 2,679,600 | ||||||
|
| |||||||
| Colombia - 0.3% | ||||||||
Colombia Government International Bond | ||||||||
4.00%, 02/26/2024 | 810,000 | 863,663 | ||||||
4.50%, 01/28/2026 | 5,050,000 | 5,611,812 | ||||||
|
| |||||||
| 6,475,475 | ||||||||
|
| |||||||
| Indonesia - 0.3% | ||||||||
Indonesia Government International Bond | ||||||||
4.75%, 01/08/2026 (B) | 4,060,000 | 4,692,792 | ||||||
5.38%, 10/17/2023 (B) | 900,000 | 1,010,925 | ||||||
|
| |||||||
| 5,703,717 | ||||||||
|
| |||||||
| Mexico - 0.3% | ||||||||
Mexico Government International Bond | ||||||||
3.75%, 01/11/2028 | 4,987,000 | 5,350,004 | ||||||
|
| |||||||
| Panama - 0.1% | ||||||||
Panama Government International Bond | ||||||||
3.88%, 03/17/2028 | 1,335,000 | 1,546,931 | ||||||
|
| |||||||
| Peru - 0.1% | ||||||||
Peru Government International Bond | ||||||||
7.35%, 07/21/2025 | 1,010,000 | 1,310,475 | ||||||
|
| |||||||
| Poland - 0.0% (E) | ||||||||
Republic of Poland Government International Bond | ||||||||
3.00%, 03/17/2023 | 500,000 | 531,578 | ||||||
|
| |||||||
| Qatar - 0.1% | ||||||||
Qatar Government International Bond | ||||||||
3.88%, 04/23/2023 (B) | 913,000 | 985,426 | ||||||
|
| |||||||
| Saudi Arabia - 0.1% | ||||||||
Saudi Government International Bond | ||||||||
2.38%, 10/26/2021 (B) | 2,547,000 | 2,591,878 | ||||||
|
| |||||||
Total Foreign Government Obligations |
| 28,726,684 | ||||||
|
| |||||||
| MORTGAGE-BACKED SECURITIES - 10.4% | ||||||||
Alternative Loan Trust | ||||||||
Series 2005-36, Class 2A1A, | ||||||||
1-Month LIBOR + 0.31%, | 528,776 | 450,678 | ||||||
Series 2005-50CB, Class 1A1, | ||||||||
5.50%, 11/25/2035 | 868,438 | 838,296 | ||||||
Series 2005-51, Class 3A3A, | ||||||||
1-Month LIBOR + 0.64%, | 533,616 | 473,326 | ||||||
Series 2007-22, Class 2A16, | ||||||||
6.50%, 09/25/2037 | 5,392,456 | 3,245,905 | ||||||
Series 2007-5CB, Class 1A31, | ||||||||
5.50%, 04/25/2037 | 949,966 | 714,772 | ||||||
Banc of America Funding Trust | ||||||||
Series 2005-E, Class 4A1, | ||||||||
4.15% (A), 03/20/2035 | 7,858 | 7,960 | ||||||
The notes are an integral part of this report. Transamerica Funds | Page 6 |
Transamerica Intermediate Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2020
(unaudited)
| Principal | Value | |||||||
| MORTGAGE-BACKED SECURITIES (continued) | ||||||||
BB-UBS Trust | ||||||||
Series 2012-TFT, Class A, | ||||||||
2.89%, 06/05/2030 (B) | $ 9,060,000 | $ 8,478,099 | ||||||
Series 2012-TFT, Class C, | ||||||||
3.47% (A), 06/05/2030 (B) | 7,195,000 | 5,093,235 | ||||||
BBCMS Mortgage Trust | ||||||||
Series 2013-TYSN, Class B, | ||||||||
4.04%, 09/05/2032 (B) | 2,530,000 | 2,519,834 | ||||||
Series 2015-MSQ, Class B, | ||||||||
3.89%, 09/15/2032 (B) | 1,100,000 | 1,137,372 | ||||||
Bear Stearns Alt-A Trust | ||||||||
Series 2004-11, Class 2A2, | ||||||||
3.86% (A), 11/25/2034 | 29,285 | 27,591 | ||||||
CHL Mortgage Pass-Through Trust | ||||||||
Series 2003-60, Class 1A1, | ||||||||
3.87% (A), 02/25/2034 | 35,558 | 34,576 | ||||||
Series 2005-3, Class 1A2, | ||||||||
1-Month LIBOR + 0.58%, 0.75% (A), 04/25/2035 | 103,404 | 91,793 | ||||||
Citigroup Commercial Mortgage Trust | ||||||||
Series 2014-GC19, Class A3, | ||||||||
3.75%, 03/10/2047 | 874,201 | 939,323 | ||||||
Series 2014-GC19, Class A4, | ||||||||
4.02%, 03/10/2047 | 2,065,000 | 2,240,868 | ||||||
Citigroup Mortgage Loan Trust | ||||||||
Series 2015-PS1, Class A1, | ||||||||
3.75% (A), 09/25/2042 (B) | 790,946 | 813,883 | ||||||
Citigroup Mortgage Loan Trust, Inc. | ||||||||
Series 2014-A, Class A, | ||||||||
4.00% (A), 01/25/2035 (B) | 486,152 | 510,902 | ||||||
Series 2015-A, Class A1, | ||||||||
3.50% (A), 06/25/2058 (B) | 1,454,411 | 1,495,405 | ||||||
Series 2018-RP1, Class A1, | ||||||||
3.00% (A), 09/25/2064 (B) | 2,903,224 | 3,050,106 | ||||||
COMM Mortgage Trust | ||||||||
Series 2013-CR11, Class AM, | ||||||||
4.72% (A), 08/10/2050 | 565,000 | 618,926 | ||||||
Series 2013-GAM, Class A1, | ||||||||
1.71%, 02/10/2028 (B) | 218,859 | 217,932 | ||||||
Series 2013-GAM, Class A2, | ||||||||
3.37%, 02/10/2028 (B) | 4,005,000 | 3,805,272 | ||||||
Series 2014-UBS2, Class A5, | ||||||||
3.96%, 03/10/2047 | 4,680,000 | 5,097,786 | ||||||
Series 2015-3BP, Class A, | ||||||||
3.18%, 02/10/2035 (B) | 8,340,000 | 8,918,392 | ||||||
Series 2016-GCT, Class C, | ||||||||
3.46% (A), 08/10/2029 (B) | 4,900,000 | 4,906,450 | ||||||
Commercial Mortgage Pass-Through Certificates Trust | ||||||||
Series 2012-LTRT, Class A2, | ||||||||
3.40%, 10/05/2030 (B) | 7,035,000 | 6,834,938 | ||||||
CSMC Trust | ||||||||
Series 2014-11R, Class 17A1, | ||||||||
1-Month LIBOR + 0.15%, 0.33% (A), 12/27/2036 (B) | 905,605 | 881,555 | ||||||
Series 2014-4R, Class 21A1, | ||||||||
1-Month LIBOR + 0.33%, 0.84% (A), 12/27/2035 (B) | 1,935,872 | 1,928,865 | ||||||
Fontainebleau Miami Beach Trust | ||||||||
Series 2019-FBLU, Class B, | ||||||||
3.45%, 12/10/2036 (B) | 6,050,000 | 6,004,439 | ||||||
GMACM Mortgage Loan Trust | ||||||||
Series 2005-AR1, Class 3A, | ||||||||
4.26% (A), 03/18/2035 | 16,293 | 15,566 | ||||||
| Principal | Value | |||||||
| MORTGAGE-BACKED SECURITIES (continued) | ||||||||
GS Mortgage Securities Trust | ||||||||
Series 2013-G1, Class A2, | ||||||||
3.56% (A), 04/10/2031 (B) | $ 4,664,567 | $ 4,602,622 | ||||||
HarborView Mortgage Loan Trust | ||||||||
Series 2004-4, Class 2A, | ||||||||
1-Month LIBOR + 0.56%, 0.75% (A), 06/19/2034 | 229,411 | 225,586 | ||||||
Houston Galleria Mall Trust | ||||||||
Series 2015-HGLR, Class A1A2, | ||||||||
3.09%, 03/05/2037 (B) | 4,498,000 | 4,576,369 | ||||||
Impac CMB Trust | ||||||||
Series 2004-6, Class 1A1, | ||||||||
1-Month LIBOR + 0.80%, 0.97% (A), 10/25/2034 | 13,200 | 12,970 | ||||||
IndyMac INDX Mortgage Loan Trust | ||||||||
Series 2007-AR15, Class 2A1, | ||||||||
3.31% (A), 08/25/2037 | 372,701 | 302,220 | ||||||
JPMorgan Chase Commercial Mortgage Securities Trust | ||||||||
Series 2012-WLDN, Class A, | ||||||||
3.91%, 05/05/2030 (B) | 6,531,358 | 4,997,224 | ||||||
Series 2014-DSTY, Class B, | ||||||||
3.77%, 06/10/2027 (B) | 4,800,000 | 1,200,000 | ||||||
JPMorgan Mortgage Trust | ||||||||
Series 2004-A1, Class 1A1, | ||||||||
2.99% (A), 02/25/2034 | 28,369 | 27,838 | ||||||
Series 2006-A2, Class 5A1, | ||||||||
4.01% (A), 11/25/2033 | 19,899 | 20,016 | ||||||
Series 2006-S3, Class 1A12, | ||||||||
6.50%, 08/25/2036 | 194,555 | 121,805 | ||||||
MASTR Adjustable Rate Mortgages Trust | ||||||||
Series 2007-R5, Class A1, | ||||||||
3.71% (A), 11/25/2035 (B) | 276,292 | 208,673 | ||||||
Merrill Lynch Mortgage Investors Trust | ||||||||
Series 2003-F, Class A1, | ||||||||
1-Month LIBOR + 0.64%, 0.81% (A), 10/25/2028 | 13,965 | 13,602 | ||||||
Series 2004-A1, Class 2A1, | ||||||||
3.71% (A), 02/25/2034 | 77,731 | 76,883 | ||||||
Series 2005-A3, Class A1, | ||||||||
1-Month LIBOR + 0.27%, 0.44% (A), 04/25/2035 | 2,398 | 2,392 | ||||||
Series 2005-A4, Class 2A2, | ||||||||
2.79% (A), 07/25/2035 | 79,392 | 74,813 | ||||||
Morgan Stanley Bank of America Merrill Lynch Trust | ||||||||
Series 2012-C6, Class AS, | ||||||||
3.48%, 11/15/2045 | 1,800,000 | 1,861,277 | ||||||
Series 2013-C11, Class B, | ||||||||
4.35% (A), 08/15/2046 | 1,035,000 | 1,041,541 | ||||||
Morgan Stanley Capital Barclays Bank Trust | ||||||||
Series 2016-MART, Class A, | ||||||||
2.20%, 09/13/2031 (B) | 13,747,000 | 13,683,465 | ||||||
Morgan Stanley Resecuritization Trust | ||||||||
Series 2014-R3, Class 2A, | ||||||||
3.00% (A), 07/26/2048 (B) | 2,057,613 | 2,058,019 | ||||||
Series 2014-R4, Class 4A, | ||||||||
3.87% (A), 11/21/2035 (B) | 352,973 | 350,314 | ||||||
Motel 6 Trust | ||||||||
Series 2017-MTL6, Class C, | ||||||||
1-Month LIBOR + 1.40%, 1.57% (A), 08/15/2034 (B) | 16,983,809 | 16,261,927 | ||||||
Nationstar Mortgage Loan Trust | ||||||||
Series 2013-A, Class A, | ||||||||
3.75% (A), 12/25/2052 (B) | 1,390,281 | 1,433,775 | ||||||
The notes are an integral part of this report. Transamerica Funds | Page 7 |
Transamerica Intermediate Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2020
(unaudited)
| Principal | Value | |||||||
| MORTGAGE-BACKED SECURITIES (continued) | ||||||||
New Residential Mortgage Loan Trust | ||||||||
Series 2014-1A, Class A, | ||||||||
3.75% (A), 01/25/2054 (B) | $ 594,735 | $ 636,445 | ||||||
Series 2014-2A, Class A3, | ||||||||
3.75% (A), 05/25/2054 (B) | 467,306 | 501,304 | ||||||
Series 2014-3A, Class AFX3, | ||||||||
3.75% (A), 11/25/2054 (B) | 1,529,863 | 1,635,674 | ||||||
Series 2015-2A, Class A1, | ||||||||
3.75% (A), 08/25/2055 (B) | 2,140,804 | 2,285,943 | ||||||
Series 2016-2A, Class A1, | ||||||||
3.75% (A), 11/26/2035 (B) | 2,023,446 | 2,165,163 | ||||||
Series 2016-3A, Class A1B, | ||||||||
3.25% (A), 09/25/2056 (B) | 2,735,533 | 2,880,258 | ||||||
Series 2017-1A, Class A1, | ||||||||
4.00% (A), 02/25/2057 (B) | 3,374,486 | 3,641,979 | ||||||
Series 2017-2A, Class A3, | ||||||||
4.00% (A), 03/25/2057 (B) | 1,478,907 | 1,594,166 | ||||||
Series 2017-3A, Class A1, | ||||||||
4.00% (A), 04/25/2057 (B) | 8,340,498 | 8,960,915 | ||||||
Series 2017-4A, Class A1, | ||||||||
4.00% (A), 05/25/2057 (B) | 3,056,917 | 3,279,449 | ||||||
Series 2018-1A, Class A1A, | ||||||||
4.00% (A), 12/25/2057 (B) | 1,549,749 | 1,658,521 | ||||||
Series 2019-4A, Class A1B, | ||||||||
3.50% (A), 12/25/2058 (B) | 11,002,136 | 11,651,572 | ||||||
Series 2019-5A, Class A1B, | ||||||||
3.50% (A), 08/25/2059 (B) | 2,672,196 | 2,799,015 | ||||||
One Market Plaza Trust | ||||||||
Series 2017-1MKT, Class A, | ||||||||
3.61%, 02/10/2032 (B) | 10,807,000 | 11,212,147 | ||||||
Palisades Center Trust | ||||||||
Series 2016-PLSD, Class A, | ||||||||
2.71%, 04/13/2033 (B) | 6,500,000 | 5,099,349 | ||||||
Queens Center Mortgage Trust | ||||||||
Series 2013-QCA, Class D, | ||||||||
3.47% (A), 01/11/2037 (B) | 4,200,000 | 3,242,460 | ||||||
RALI Trust | ||||||||
Series 2007-QO4, Class A1A, | ||||||||
1-Month LIBOR + 0.19%, | 493,689 | 440,651 | ||||||
RBSSP Resecuritization Trust | ||||||||
Series 2009-7, Class 5A4, | ||||||||
1-Month LIBOR + 0.40%, | 74,959 | 74,570 | ||||||
Structured Adjustable Rate Mortgage Loan Trust | ||||||||
Series 2005-15, Class 1A1, | ||||||||
3.32% (A), 07/25/2035 | 270,719 | 197,920 | ||||||
Series 2007-3, Class 3A1, | ||||||||
3.93% (A), 04/25/2047 | 708,085 | 460,274 | ||||||
Structured Asset Mortgage Investments II Trust | ||||||||
Series 2003-AR4, Class A1, | ||||||||
1-Month LIBOR + 0.70%, | 21,163 | 20,253 | ||||||
UBS-BAMLL Trust | ||||||||
Series 2012-WRM, Class A, | ||||||||
3.66%, 06/10/2030 (B) | 6,983,000 | 7,069,090 | ||||||
WaMu Mortgage Pass-Through Certificates Trust | ||||||||
Series 2005-AR8, Class 2A1A, | ||||||||
1-Month LIBOR + 0.58%, | 28,303 | 26,523 | ||||||
Series 2007-OA6, Class 1A1B, | ||||||||
12-MTA + 0.81%, | 104,212 | 8,484 | ||||||
| Principal | Value | |||||||
| MORTGAGE-BACKED SECURITIES (continued) | ||||||||
Wells Fargo Commercial Mortgage Trust | ||||||||
Series 2015-C26, Class B, | ||||||||
3.78%, 02/15/2048 | $ 3,000,000 | $ 2,968,355 | ||||||
|
| |||||||
Total Mortgage-Backed Securities |
| 199,057,856 | ||||||
|
| |||||||
| MUNICIPAL GOVERNMENT OBLIGATIONS - 0.7% | ||||||||
| California - 0.5% | ||||||||
Los Angeles Community College District, General Obligation Unlimited, | ||||||||
6.60%, 08/01/2042 | 340,000 | 585,704 | ||||||
State of California, General Obligation Unlimited | ||||||||
7.30%, 10/01/2039 | 1,270,000 | 2,161,946 | ||||||
7.60%, 11/01/2040 | 2,820,000 | 5,293,704 | ||||||
7.70%, 11/01/2030 | 1,650,000 | 1,678,463 | ||||||
University of California, Revenue Bonds, | ||||||||
Series AD, | ||||||||
4.86%, 05/15/2112 | 315,000 | 484,180 | ||||||
|
| |||||||
| 10,203,997 | ||||||||
|
| |||||||
| Georgia - 0.0% (E) | ||||||||
Municipal Electric Authority of Georgia, Revenue Bonds, | ||||||||
Series A, | ||||||||
6.64%, 04/01/2057 | 290,000 | 440,945 | ||||||
|
| |||||||
| New Jersey - 0.1% | ||||||||
New Jersey Turnpike Authority, Revenue Bonds, | ||||||||
Series F, | ||||||||
7.41%, 01/01/2040 | 431,000 | 760,267 | ||||||
|
| |||||||
| New York - 0.1% | ||||||||
Metropolitan Transportation Authority, Revenue Bonds, | ||||||||
Series E, | ||||||||
6.81%, 11/15/2040 | 355,000 | 469,612 | ||||||
New York City Water & Sewer System, Revenue Bonds, | ||||||||
Series CC, | ||||||||
5.88%, 06/15/2044 | 340,000 | 574,685 | ||||||
New York State Dormitory Authority, Revenue Bonds, | ||||||||
Series H, | ||||||||
5.39%, 03/15/2040 | 330,000 | 474,299 | ||||||
Port Authority of New York & New Jersey, Revenue Bonds, | ||||||||
Series 181, | ||||||||
4.96%, 08/01/2046 | 570,000 | 805,273 | ||||||
|
| |||||||
| 2,323,869 | ||||||||
|
| |||||||
Total Municipal Government Obligations |
| 13,729,078 | ||||||
|
| |||||||
| U.S. GOVERNMENT AGENCY OBLIGATIONS - 19.1% | ||||||||
Federal Home Loan Mortgage Corp. |
| |||||||
6-Month LIBOR + 1.36%, | 28,300 | 28,922 | ||||||
6-Month LIBOR + 1.57%, | 46,505 | 47,716 | ||||||
6-Month LIBOR + 1.57%, | 4,793 | 4,828 | ||||||
The notes are an integral part of this report. Transamerica Funds | Page 8 |
Transamerica Intermediate Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2020
(unaudited)
| Principal | Value | |||||||
| U.S. GOVERNMENT AGENCY OBLIGATIONS (continued) | ||||||||
12-Month LIBOR + 1.66%, 3.70% (A), 01/01/2038 | $ 69,197 | $ 72,514 | ||||||
6-Month LIBOR + 2.12%, 3.71% (A), 05/01/2037 | 6,597 | 6,672 | ||||||
12-Month LIBOR + 1.75%, 3.76% (A), 12/01/2034 | 10,670 | 11,213 | ||||||
12-Month LIBOR + 1.90%, 3.90% (A), 02/01/2041 | 100,742 | 104,796 | ||||||
12-Month LIBOR + 1.73%, 3.98% (A), 09/01/2035 | 243,535 | 254,631 | ||||||
12-Month LIBOR + 1.80%, 4.05% (A), 09/01/2037 | 13,255 | 13,917 | ||||||
5.00%, 12/01/2035 | 339,984 | 390,717 | ||||||
6.00%, 05/01/2031 | 236,114 | 269,728 | ||||||
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates | ||||||||
2.89%, 06/25/2027 | 9,082,040 | 9,758,965 | ||||||
3.01%, 07/25/2025 | 12,812,000 | 14,166,512 | ||||||
3.06% (A), 08/25/2024 | 4,990,000 | 5,415,671 | ||||||
3.17%, 10/25/2024 | 2,140,000 | 2,356,155 | ||||||
3.49%, 01/25/2024 | 6,965,000 | 7,600,441 | ||||||
Federal National Mortgage Association | ||||||||
6-Month LIBOR + 1.51%, 2.64% (A), 01/01/2035 | 8,150 | 8,365 | ||||||
6-Month LIBOR + 0.93%, 2.70% (A), 08/01/2037 | 2,812 | 2,825 | ||||||
6-Month LIBOR + 1.53%, 3.40% (A), 08/01/2034 | 1,740 | 1,746 | ||||||
3.50%, 07/01/2028 - 01/01/2029 | 2,014,734 | 2,154,170 | ||||||
12-Month LIBOR + 1.75%, 3.75% (A), 03/01/2041 | 60,424 | 60,803 | ||||||
12-Month LIBOR + 1.74%, 3.78% (A), 08/01/2035 | 25,859 | 27,143 | ||||||
12-Month LIBOR + 1.82%, 3.82% (A), 03/01/2041 | 32,504 | 32,760 | ||||||
4.50%, 02/01/2025 - 04/01/2025 | 100,144 | 106,291 | ||||||
5.00%, 04/01/2039 - 11/01/2039 | 8,795,107 | 10,106,939 | ||||||
5.50%, 04/01/2036 - 12/01/2041 | 4,091,828 | 4,798,996 | ||||||
6.00%, 02/01/2034 - 01/01/2040 | 3,650,988 | 4,296,632 | ||||||
6.50%, 06/01/2038 - 05/01/2040 | 1,527,692 | 1,787,863 | ||||||
Government National Mortgage Association, Interest Only STRIPS | ||||||||
0.74% (A), 02/16/2053 | 4,707,677 | 188,042 | ||||||
Uniform Mortgage-Backed Security | ||||||||
2.00%, TBA (G) | 43,469,000 | 45,151,368 | ||||||
2.50%, TBA (G) | 28,633,000 | 30,071,945 | ||||||
3.00%, TBA (G) | 105,860,000 | 111,984,166 | ||||||
3.50%, TBA (G) | 88,085,000 | 92,888,385 | ||||||
4.00%, TBA (G) | 18,536,000 | 19,691,604 | ||||||
|
| |||||||
Total U.S. Government Agency Obligations |
| 363,863,441 | ||||||
|
| |||||||
| U.S. GOVERNMENT OBLIGATIONS - 21.8% | ||||||||
| U.S. Treasury - 18.1% | ||||||||
U.S. Treasury Bond | ||||||||
2.00%, 02/15/2050 (C) | 8,580,000 | 10,308,401 | ||||||
2.25%, 08/15/2046 | 3,501,000 | 4,343,291 | ||||||
2.38%, 11/15/2049 | 2,198,000 | 2,844,349 | ||||||
2.50%, 02/15/2045 - 05/15/2046 | 46,751,200 | 60,336,484 | ||||||
2.75%, 08/15/2042 - 08/15/2047 (C) | 27,943,400 | 37,435,438 | ||||||
2.75%, 11/15/2047 | 1,522,000 | 2,081,454 | ||||||
2.88%, 08/15/2045 (C) | 6,203,000 | 8,519,433 | ||||||
2.88%, 05/15/2049 | 3,692,500 | 5,223,301 | ||||||
3.00%, 05/15/2042 (C) | 9,875,000 | 13,639,844 | ||||||
3.00%, 08/15/2048 | 3,727,300 | 5,353,335 | ||||||
| Principal | Value | |||||||
| U.S. GOVERNMENT OBLIGATIONS (continued) | ||||||||
| U.S. Treasury (continued) | ||||||||
U.S. Treasury Bond (continued) | ||||||||
3.13%, 02/15/2042 - 05/15/2048 | $ 11,750,200 | $ 16,552,249 | ||||||
3.50%, 02/15/2039 | 10,202,000 | 14,810,435 | ||||||
3.63%, 02/15/2044 | 20,901,600 | 31,787,578 | ||||||
4.50%, 02/15/2036 (C) | 6,799,200 | 10,600,112 | ||||||
4.75%, 02/15/2037 | 3,783,000 | 6,149,296 | ||||||
5.25%, 02/15/2029 | 12,153,100 | 17,026,208 | ||||||
U.S. Treasury Note | ||||||||
0.13%, 05/31/2022 | 2,637,000 | 2,637,309 | ||||||
0.25%, 05/31/2025 (C) | 3,253,000 | 3,260,243 | ||||||
0.63%, 05/15/2030 (C) | 6,743,000 | 6,798,840 | ||||||
1.50%, 02/15/2030 | 18,973,700 | 20,707,274 | ||||||
1.63%, 08/15/2029 (C) | 4,823,000 | 5,304,358 | ||||||
1.75%, 05/15/2023 - 11/15/2029 (C) | 6,790,200 | 7,400,043 | ||||||
2.25%, 11/15/2025 (C) | 2,711,500 | 2,994,936 | ||||||
2.25%, 11/15/2027 | 14,589,400 | 16,520,786 | ||||||
2.38%, 02/29/2024 | 1,579,000 | 1,704,456 | ||||||
2.63%, 12/15/2021 - 02/15/2029 (C) | 4,153,400 | 4,626,230 | ||||||
2.75%, 02/15/2028 | 6,022,000 | 7,062,442 | ||||||
2.88%, 05/15/2028 (C) | 9,871,100 | 11,714,605 | ||||||
2.88%, 08/15/2028 | 5,293,700 | 6,306,327 | ||||||
|
| |||||||
| 344,049,057 | ||||||||
|
| |||||||
| U.S. Treasury Inflation-Protected Securities - 3.7% | ||||||||
U.S. Treasury Inflation-Indexed Bond | ||||||||
1.75%, 01/15/2028 | 8,497,382 | 10,336,868 | ||||||
2.50%, 01/15/2029 | 19,585,597 | 25,631,014 | ||||||
U.S. Treasury Inflation-Indexed Note | ||||||||
0.63%, 01/15/2024 | 32,823,120 | 34,886,281 | ||||||
|
| |||||||
| 70,854,163 | ||||||||
|
| |||||||
Total U.S. Government Obligations |
| 414,903,220 | ||||||
|
| |||||||
| Shares | Value | |||||||
| PREFERRED STOCKS - 0.1% | ||||||||
| Banks - 0.1% | ||||||||
Citigroup Capital XIII, | ||||||||
3-Month LIBOR + 6.37%, 6.64% (A) | 52,502 | 1,417,554 | ||||||
|
| |||||||
| Electric Utilities - 0.0% (E) | ||||||||
SCE Trust III, | ||||||||
Series H, Fixed until 03/15/2024, 5.75% (A) | 7,998 | 180,595 | ||||||
|
| |||||||
Total Preferred Stocks |
| 1,598,149 | ||||||
|
| |||||||
| Principal | Value | |||||||
| COMMERCIAL PAPER - 13.1% | ||||||||
| Banks - 3.9% | ||||||||
DBS Bank, Ltd. | ||||||||
0.27% (H), 10/02/2020 | $ 14,000,000 | 13,993,490 | ||||||
DNB Bank ASA | ||||||||
0.22% (H), 10/07/2020 | 7,150,000 | 7,147,072 | ||||||
Korea Development Bank | ||||||||
0.23% (H), 10/05/2020 | 13,000,000 | 12,994,601 | ||||||
Macquarie Bank, Ltd. | ||||||||
0.25% (H), 10/08/2020 | 6,400,000 | 6,396,978 | ||||||
Manhattan Asset Funding Co. LLC | ||||||||
0.23% (H), 10/13/2020 | 7,000,000 | 6,996,735 | ||||||
0.25% (H), 08/04/2020 - 09/01/2020 | 10,600,000 | 10,598,302 | ||||||
Sumitomo Mitsui Brokerage Corp. | ||||||||
0.21% (H), 10/29/2020 | 15,500,000 | 15,491,953 | ||||||
|
| |||||||
| 73,619,131 | ||||||||
|
| |||||||
The notes are an integral part of this report. Transamerica Funds | Page 9 |
Transamerica Intermediate Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2020
(unaudited)
| Principal | Value | |||||||
| COMMERCIAL PAPER (continued) | ||||||||
| Capital Markets - 0.9% | ||||||||
Cedar Springs Capital Co. LLC | ||||||||
0.30% (H), 08/20/2020 | $ 18,000,000 | $ 17,997,150 | ||||||
|
| |||||||
| Diversified Financial Services - 7.4% | ||||||||
Anglesea Funding PLC | ||||||||
0.30% (H), 08/19/2020 | 15,670,000 | 15,667,649 | ||||||
Barton Capital Corp. | ||||||||
0.27% (H), 08/28/2020 | 18,000,000 | 17,996,355 | ||||||
Cancara Asset Securitisation LLC | ||||||||
0.24% (H), 10/01/2020 | 14,000,000 | 13,994,307 | ||||||
0.30% (H), 08/05/2020 | 4,000,000 | 3,999,867 | ||||||
Crown Point Capital Co. | ||||||||
0.32% (H), 08/20/2020 | 883,000 | 882,851 | ||||||
Gotham Funding Corp. | ||||||||
0.25% (H), 08/10/2020 | 15,380,000 | 15,379,039 | ||||||
Le Fayette Asset Securitization LLC | ||||||||
0.25% (H), 08/14/2020 | 17,000,000 | 16,998,465 | ||||||
0.26% (H), 10/02/2020 | 850,000 | 849,619 | ||||||
Lexington Parker Capital Co. LLC | ||||||||
0.33% (H), 08/10/2020 | 2,000,000 | 1,999,835 | ||||||
LMA Americas LLC | ||||||||
0.30% (H), 08/04/2020 | 18,000,000 | 17,999,550 | ||||||
Mont Blanc Capital Corp. | ||||||||
0.29% (H), 08/13/2020 | 18,000,000 | 17,998,260 | ||||||
Sheffield Receivable | ||||||||
0.25% (H), 09/01/2020 | 10,800,000 | 10,797,675 | ||||||
Starbird Funding Corp. | ||||||||
0.23% (H), 09/02/2020 | 5,450,000 | 5,448,886 | ||||||
|
| |||||||
| 140,012,358 | ||||||||
|
| |||||||
| Oil, Gas & Consumable Fuels - 0.9% | ||||||||
Exxon Mobil Corp. | ||||||||
0.30% (H), 08/19/2020 | 4,000,000 | 3,999,400 | ||||||
Total Capital Canada, Ltd. | ||||||||
0.66% (H), 08/04/2020 | 13,330,000 | 13,329,278 | ||||||
|
| |||||||
| 17,328,678 | ||||||||
|
| |||||||
Total Commercial Paper |
| 248,957,317 | ||||||
|
| |||||||
| SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 3.3% | ||||||||
U.S. Treasury Bill | ||||||||
0.14% (H), 10/01/2020 | 61,000,000 | 60,986,046 | ||||||
0.17% (H), 09/10/2020 | 1,000,000 | 999,815 | ||||||
|
| |||||||
Total Short-Term U.S. Government Obligations |
| 61,985,861 | ||||||
|
| |||||||
| Shares | Value | |||||||
| OTHER INVESTMENT COMPANY - 1.6% | ||||||||
| Securities Lending Collateral - 1.6% | ||||||||
State Street Navigator Securities Lending Trust - Government Money Market Portfolio, 0.12% (H) | 31,107,905 | 31,107,905 | ||||||
|
| |||||||
Total Other Investment Company |
| 31,107,905 | ||||||
|
| |||||||
| Principal | Value | |||||||
| REPURCHASE AGREEMENT - 1.3% | ||||||||
Fixed Income Clearing Corp., 0.00% (H), dated 07/31/2020, to be repurchased at $23,959,702 on 08/03/2020. Collateralized by a U.S. Government Obligation, 0.13%, due 07/15/2023, and with a value of $24,438,955. | $ 23,959,702 | $ 23,959,702 | ||||||
|
| |||||||
Total Repurchase Agreement |
| 23,959,702 | ||||||
|
| |||||||
Total Investments |
| 2,228,952,993 | ||||||
Net Other Assets (Liabilities) - (17.0)% | (323,741,376 | ) | ||||||
|
| |||||||
Net Assets - 100.0% | $ 1,905,211,617 | |||||||
|
| |||||||
The notes are an integral part of this report. Transamerica Funds | Page 10 |
Transamerica Intermediate Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2020
(unaudited)
INVESTMENT VALUATION:
Valuation Inputs (I)
| Level 1 - Unadjusted Quoted Prices | Level 2 - Other Significant Observable Inputs | Level 3 - Significant Unobservable Inputs | Value | |||||||||||||
ASSETS |
| |||||||||||||||
Investments |
| |||||||||||||||
Asset-Backed Securities | $ | — | $ | 143,536,137 | $ | — | $ | 143,536,137 | ||||||||
Corporate Debt Securities | — | 697,527,643 | — | 697,527,643 | ||||||||||||
Foreign Government Obligations | — | 28,726,684 | — | 28,726,684 | ||||||||||||
Mortgage-Backed Securities | — | 199,057,856 | — | 199,057,856 | ||||||||||||
Municipal Government Obligations | — | 13,729,078 | — | 13,729,078 | ||||||||||||
U.S. Government Agency Obligations | — | 363,863,441 | — | 363,863,441 | ||||||||||||
U.S. Government Obligations | — | 414,903,220 | — | 414,903,220 | ||||||||||||
Preferred Stocks | 1,598,149 | — | — | 1,598,149 | ||||||||||||
Commercial Paper | — | 248,957,317 | — | 248,957,317 | ||||||||||||
Short-Term U.S. Government Obligations | — | 61,985,861 | — | 61,985,861 | ||||||||||||
Other Investment Company | 31,107,905 | — | — | 31,107,905 | ||||||||||||
Repurchase Agreement | — | 23,959,702 | — | 23,959,702 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | $ | 32,706,054 | $ | 2,196,246,939 | $ | — | $ | 2,228,952,993 | ||||||||
|
|
|
|
|
|
|
| |||||||||
FOOTNOTES TO SCHEDULE OF INVESTMENTS:
| (A) | Floating or variable rate securities. The rates disclosed are as of July 31, 2020. For securities based on a published reference rate and spread, the reference rate and spread are indicated within the description. Variable rate securities with a floor or ceiling feature are disclosed at the inherent rate, where applicable. Certain variable rate securities are not based on a published reference rate and spread, but are determined by the issuer or agent and are based on current market conditions; these securities do not indicate a reference rate and spread in the description. | |
| (B) | Securities are exempt from registration pursuant to Rule 144A of the Securities Act of 1933. Securities may be resold as transactions exempt from registration, normally to qualified institutional buyers. At July 31, 2020, the total value of 144A securities is $504,045,406, representing 26.5% of the Fund’s net assets. | |
| (C) | All or a portion of the securities are on loan. The total value of all securities on loan is $93,033,363, collateralized by cash collateral of $31,107,905 and non-cash collateral, such as U.S. government securities and irrevocable letters of credit, of $63,817,858. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers. | |
| (D) | Perpetual maturity. The date displayed is the next call date. | |
| (E) | Percentage rounds to less than 0.1% or (0.1)%. | |
| (F) | Restricted security. At July 31, 2020, the value of such security held by the Fund is as follows: |
Investments | Description | Acquisition Date | Acquisition Cost | Value | Value as Percentage of Net Assets | |||||||||||||
Corporate Debt Securities | AT&T, Inc. 3.40%, 05/15/2025 | 04/23/2015 - 03/24/2017 | $ | 4,634,021 | $ | 5,213,561 | 0.3 | % | ||||||||||
| (G) | When-issued, delayed-delivery and/or forward commitment (including TBAs) securities. Securities to be settled and delivered after July 31, 2020. Securities may display a coupon rate of 0.00%, as the rate is to be determined at time of settlement. | |
| (H) | Rates disclosed reflect the yields at July 31, 2020. | |
| (I) | There were no transfers in or out of Level 3 during the period ended July 31, 2020. Please reference the Investment Valuation section of the Notes to Schedule of Investments for more information regarding investment valuation and pricing inputs. |
PORTFOLIO ABBREVIATIONS:
LIBOR | London Interbank Offered Rate | |
MTA | Month Treasury Average | |
MTN | Medium Term Note | |
STRIPS | Separate Trading of Registered Interest and Principal of Securities | |
TBA | To Be Announced |
The notes are an integral part of this report. Transamerica Funds | Page 11 |
Transamerica Intermediate Bond
NOTES TO SCHEDULE OF INVESTMENTS
At July 31, 2020
(unaudited)
INVESTMENT VALUATION
All investments in securities are recorded at their estimated fair value. The Fund values its investments at the official close of the New York Stock Exchange (“NYSE”) each day the NYSE is open for business.
The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. Generally Accepted Accounting Principles in the United States of America establishes a hierarchy that prioritizes inputs to valuation methods. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three levels (“Levels”) of inputs of the fair value hierarchy are defined as follows:
Level 1 — Unadjusted quoted prices in active markets for identical securities.
Level 2 — Inputs, other than quoted prices included in Level 1, which are observable, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates, and similar data.
Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include the Fund’s own assumptions used in determining the fair value of investments.
The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. Certain investments that are measured at fair value using Net Asset Value (“NAV”) per share, or its equivalent, using the “practical expedient” have not been classified in the fair value Levels. The hierarchy classification of inputs used to value the Fund’s investments at July 31, 2020, is disclosed within the Investment Valuation section of the Schedule of Investments.
The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, but not limited to, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is generally greatest for instruments categorized in Level 3. Due to the inherent uncertainty of valuation, the determination of values may differ significantly from values that would have been realized had a ready market for investments existed, and the differences could be material.
Fair value measurements: Descriptions of the valuation techniques applied to the Fund’s significant categories of assets and liabilities measured at fair value on a recurring basis are as follows:
Asset-backed securities: The fair value of asset-backed securities is estimated based on models that consider the estimated cash flows of each tranche of the entity, establish a benchmark yield, and develop an estimated tranche specific spread to the benchmark yield based on the unique attributes of the tranche. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.
Corporate debt securities: The fair value of corporate debt securities is estimated using various techniques, which consider recently executed transactions in securities of the issuer or comparable issuers, market price quotations (where observable), bond spreads, fundamental data relating to the issuer, and credit default swap spreads adjusted for any basis difference between cash and derivative instruments. While most corporate debt securities are categorized in Level 2 of the fair value hierarchy, in instances where lower relative weight is placed on transaction prices, quotations, or similar observable inputs, they are categorized in Level 3.
Foreign government obligations: Foreign government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. Foreign government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.
The notes are an integral part of this report. Transamerica Funds | Page 12 |
Transamerica Intermediate Bond
NOTES TO SCHEDULE OF INVESTMENTS (continued)
At July 31, 2020
(unaudited)
Mortgage-backed securities: The fair value of mortgage-backed securities is estimated based on models that consider issuer type, coupon, cash flows, mortgage prepayment projection tables and adjustable rate mortgage evaluations that incorporate index data, periodic life caps and the next coupon reset date. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they are categorized in Level 3.
Municipal government obligations: The fair value of municipal government obligations and variable rate notes is estimated based on models that consider, among other factors, information received from market makers and broker-dealers, current trades, bid-want lists, offerings, market movements, the liquidity of the bond, state of issuance, benchmark yield curves, and bond or note insurance. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they are categorized in Level 3.
U.S. government agency obligations: U.S. government agency obligations are comprised of two main categories consisting of agency issued debt and mortgage pass-throughs. Generally, agency issued debt securities are valued in a manner similar to U.S. government obligations. Mortgage pass-throughs include to be announced (“TBA”) securities and mortgage pass-through certificates. Generally, TBA securities and mortgage pass-throughs are valued using dealer quotations. Depending on market activity levels and whether quotations or other observable data are used, these securities are typically categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.
U.S. government obligations: U.S. government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. U.S. government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.
Equity securities: Securities are stated at the last reported sales price or closing price on the day of valuation taken from the primary exchange where the security is principally traded. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Equities traded on inactive markets or valued by reference to similar instruments are generally categorized in Level 2 or Level 3 if inputs are unobservable.
Commercial paper: Commercial paper is valued using amortized cost, which approximates fair value. The values are generally categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.
Short-term notes: The Fund normally values short-term government and U.S. government agency securities using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers and reference data. Certain securities are valued by principally using dealer quotations. Short-term government and U.S. government agency securities generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.
Securities lending collateral: Securities lending collateral is invested in a money market fund which is valued at the NAV and no valuation adjustments are applied. Securities lending collateral is categorized in Level 1 of the fair value hierarchy.
Repurchase agreements: Repurchase agreements are valued at cost, which approximates fair value. To the extent the inputs are observable and timely, the values are generally categorized in Level 2 of the fair value hierarchy.
Restricted securities: Restricted securities for which quotations are not readily available are valued at fair value. Restricted securities issued by publicly traded companies are generally valued at a discount to similar publicly traded securities. Restricted securities issued by nonpublic entities may be valued by reference to comparable public entities and/or fundamental data relating to the issuer. Depending on the relative significance of observable valuation inputs, these instruments may be classified in either Level 2 or Level 3 of the fair value hierarchy.
The notes are an integral part of this report. Transamerica Funds | Page 13 |