Transamerica Bond (IDITX) NPORT-P Transamerica Asset Allocation - Growth Portfolio (Jul 2021 report)

Transamerica Asset Allocation – Growth Portfolio

SCHEDULE OF INVESTMENTS

At July 31, 2021

(unaudited)

	Shares		Value
INVESTMENT COMPANIES - 98.0%
International Alternative Fund - 0.0% (A)
Transamerica Global Allocation Liquidating Trust (B) (C) (D) (E)		874		$  2,058
International Equity Funds - 32.3%
Transamerica Emerging Markets Opportunities (C)		5,711,720		67,626,764
Transamerica International Equity (C)		7,226,363		155,511,325
Transamerica International Growth (C)		11,942,236		118,944,671
Transamerica International Small Cap Value (C)		1,671,718		27,182,133
Transamerica International Stock (C)		2,332,379		27,078,924
				396,343,817
U.S. Alternative Fund - 1.2%
Transamerica Event Driven (C)		1,352,080		15,062,174
U.S. Equity Funds - 61.0%
Transamerica Capital Growth (C)		5,955,830		147,645,017
Transamerica Large Cap Value (C)		16,805,080		224,851,975
Transamerica Mid Cap Growth (C)		709,086		10,551,205
Transamerica Mid Cap Value (C)		3,071,371		38,760,704
Transamerica Mid Cap Value Opportunities (C)		657,891		9,473,630

	Shares		Value
INVESTMENT COMPANIES (continued)
U.S. Equity Funds (continued)
Transamerica Small Cap Growth (C)		1,594,601		$   14,973,305
Transamerica Small Cap Value (C)		1,173,182		14,770,365
Transamerica Small Company Growth Liquidating Trust (B) (C) (D) (E)		5,111		3,587
Transamerica Sustainable Equity Income (C)		7,689,421		70,742,677
Transamerica US Growth (C)		6,649,032		215,428,639
				747,201,104
U.S. Mixed Allocation Fund - 3.5%
Transamerica Energy Infrastructure (C)		6,598,432		42,361,930
Total Investment Companies (Cost $839,096,053)				1,200,971,083
Total Investments (Cost $839,096,053)				1,200,971,083
Net Other Assets (Liabilities) - 2.0%				24,920,580
Net Assets - 100.0%				$  1,225,891,663

FUTURES CONTRACTS:

Long Futures Contracts

Description	Number of Contracts		Expiration Date		Notional Amount			Value			Unrealized Appreciation			Unrealized Depreciation
S&P 500® E-Mini Index		125		09/17/2021		$	26,368,497		$	27,434,375		$	1,065,878		$	—

INVESTMENT VALUATION:

Valuation Inputs ^(F)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value
ASSETS
Investments
Investment Companies	$	1,200,965,438	$	—	$	—	$	1,200,965,438
Total	$	1,200,965,438	$	—	$	—	$	1,200,965,438
Investment Companies Measured at Net Asset Value (E)								5,645
Total Investments							$	1,200,971,083
Other Financial Instruments
Futures Contracts (G)	$	1,065,878	$	—	$	—	$	1,065,878
Total Other Financial Instruments	$	1,065,878	$	—	$	—	$	1,065,878

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Transamerica Asset Allocation – Growth Portfolio

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2021

(unaudited)

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

(A)	Percentage rounds to less than 0.1% or (0.1)%.
(B)	Non-income producing securities.
(C)	Affiliated investment in the Class I2 shares of Transamerica Funds, and liquidating trusts of former Transamerica Funds. The Fund’s transactions and earnings are as follows:

Affiliated Investments	Value October 31, 2020		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)			Net Change in Unrealized Appreciation (Depreciation)			Value July 31, 2021		Shares as of July 31, 2021		Dividend Income		Net Capital Gain Distributions
Transamerica Capital Growth	$	115,107,712	$	30,766,083	$	(23,500,000	)	$	7,973,298		$	17,297,924		$	147,645,017		5,955,830	$	—	$	15,766,083
Transamerica Emerging Markets Opportunities		64,428,660		412,412		(9,300,000	)		800,851			11,284,841			67,626,764		5,711,720		412,412		—
Transamerica Energy Infrastructure		35,044,161		1,592,630		(7,830,922	)		(100,052	)		13,656,113			42,361,930		6,598,432		1,592,630		—
Transamerica Event Driven		14,361,571		1,064,142		—			—			(363,539	)		15,062,174		1,352,080		471,160		592,982
Transamerica Global Allocation Liquidating Trust		2,478		—		—			—			(420	)		2,058		874		—		—
Transamerica International Equity		124,185,973		1,944,051		(13,000,000	)		557,490			41,823,811			155,511,325		7,226,363		1,944,051		—
Transamerica International Growth		101,445,426		1,158,308		(11,500,000	)		551,769			27,289,168			118,944,671		11,942,236		1,158,308		—
Transamerica International Small Cap Value		19,775,119		256,283		—			—			7,150,731			27,182,133		1,671,718		256,283		—
Transamerica International Stock		19,902,200		314,524		—			—			6,862,200			27,078,924		2,332,379		314,524		—
Transamerica Large Cap Value		130,971,301		55,659,673		(23,000,000	)		3,284,425			57,936,576			224,851,975		16,805,080		1,659,673		—
Transamerica Mid Cap Growth		8,257,522		431,234		—			—			1,862,449			10,551,205		709,086		134,058		297,176
Transamerica Mid Cap Value		29,197,387		5,737,562		(3,000,000	)		320,724			6,505,031			38,760,704		3,071,371		375,434		5,362,128
Transamerica Mid Cap Value Opportunities		10,064,951		119,646		(5,000,000	)		1,532,594			2,756,439			9,473,630		657,891		119,646		—
Transamerica Small Cap Growth		7,484,126		4,709,819		—			—			2,779,360			14,973,305		1,594,601		—		709,819
Transamerica Small Cap Value		7,626,387		3,025,020		—			—			4,118,958			14,770,365		1,173,182		25,020		—
Transamerica Small Company Growth Liquidating Trust		3,587		—		—			—			—			3,587		5,111		—		—
Transamerica Sustainable Equity Income		125,180,812		1,770,987		(91,000,000	)		(16,134,776	)		50,925,654			70,742,677		7,689,421		1,770,987		—
Transamerica US Growth		171,374,146		17,175,312		(12,500,000	)		3,762,155			35,617,026			215,428,639		6,649,032		377,049		16,798,263
Total	$	984,413,519	$	126,137,686	$	(199,630,922	)	$	2,548,478		$	287,502,322		$	1,200,971,083		81,146,407	$	10,611,235	$	39,526,451

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Transamerica Asset Allocation – Growth Portfolio

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2021

(unaudited)

FOOTNOTES TO SCHEDULE OF INVESTMENTS (continued):

(D) Restricted securities. At July 31, 2021, the value of such securities held by the Fund are as follows:

Investments	Description	Acquisition Date		Acquisition Cost		Value		Value as Percentage of Net Assets
Investment Companies	Transamerica Global Allocation Liquidating Trust		07/31/2014	$	8,994	$	2,058		0.0	%(A)
Investment Companies	Transamerica Small Company Growth Liquidating Trust		10/26/2012		51,111		3,587		0.0	(A)
Total				$	60,105	$	5,645		0.0	%(A)

(E)	Certain investments are measured at fair value using the net asset value per share, or its equivalent, practical expedient and have not been classified in the fair value levels. The fair value amount presented is intended to permit reconciliation to the Total Investments amount presented within the Schedule of Investments.
(F)	There were no transfers in or out of Level 3 during the period ended July 31, 2021. Please reference the Investment Valuation section of the Notes to Schedule of Investments for more information regarding investment valuation and pricing inputs.
(G)	Derivative instruments are valued at unrealized appreciation (depreciation).

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Transamerica Asset Allocation – Growth Portfolio

NOTES TO SCHEDULE OF INVESTMENTS

At July 31, 2021

(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 and derivative instruments.

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, 2021, 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:

Investment companies: Certain investment companies are valued at the NAV as the practical expedient. These investment companies are not included within the fair value hierarchy. Certain other investment companies are valued at the actively traded NAV and no valuation adjustments are applied. These investment companies are categorized in Level 1 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.

Derivative instruments: Centrally cleared or listed derivatives that are actively traded are valued based on quoted prices from the exchange and are categorized in Level 1 of the fair value hierarchy. Over-the-counter (“OTC”) derivative contracts include forward, swap, swaption, and option contracts related to interest rates, foreign currencies, credit standing of reference entities, equity prices, or commodity prices. Depending on the product and the terms of the transaction, the fair value of the OTC derivative products are modeled taking into account the counterparties’ creditworthiness and using a series of techniques, including simulation models. Many pricing models do not entail material subjectivity because the methodologies employed do not necessitate significant judgments and the pricing inputs are observed from actively quoted markets, as is the case of interest rate swap and option contracts. The majority of OTC derivative products valued by the Fund using pricing models fall into this category and are categorized within Level 2 of the fair value hierarchy or Level 3 if inputs are unobservable.

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