Transamerica Bond NPORTP Transamerica Unconstrained Bond (Jul 2022 report)

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS

At July 31, 2022

(unaudited)


	Principal		Value
ASSET-BACKED SECURITIES - 10.9%
Ally Auto Receivables Trust
Series 2019-4, Class A4,
1.92%, 01/15/2025		$ 5,000,000		$ 4,944,357
Apidos CLO XVIII
Series 2018-18A, Class A2,
3-Month LIBOR + 1.40%, 4.16%^(A), 10/22/2030 ^(B)		3,000,000		2,893,728
Benefit Street Partners CLO IV Ltd.
Series 2014-IVA, Class ARRR,
3-Month LIBOR + 1.18%, 3.89%^(A), 01/20/2032 ^(B)		4,250,000		4,172,748
Benefit Street Partners CLO XX Ltd.
Series 2020-20A, Class BR,
3-Month LIBOR + 1.70%, 4.21%^(A), 07/15/2034 ^(B)		3,950,000		3,740,496
Capital One Prime Auto Receivables Trust
Series 2019-2, Class A4,
1.96%, 02/18/2025		2,400,000		2,374,121
Carlyle US CLO Ltd.
Series 2017-1A, Class A2R,
3-Month LIBOR + 1.60%, 4.31%^(A), 04/20/2031 ^(B)		6,675,000		6,348,225
CarMax Auto Owner Trust
Series 2020-4, Class A3,
0.50%, 08/15/2025		1,794,101		1,749,744
Citibank Credit Card Issuance Trust
Series 2018-A7, Class A7,
3.96%, 10/13/2030		2,000,000		2,060,835
Columbia Cent CLO 31 Ltd.
Series 2021-31A, Class B,
3-Month LIBOR + 1.55%, 4.26%^(A), 04/20/2034 ^(B)		10,000,000		9,360,400
GM Financial Consumer Automobile Receivables Trust
Series 2019-4, Class A4,
1.76%, 01/16/2025		5,000,000		4,926,954
Honda Auto Receivables Owner Trust
Series 2020-3, Class A4,
0.46%, 04/19/2027		1,300,000		1,245,864
LCM XXIV Ltd.
Series 24A, Class AR,
3-Month LIBOR + 0.98%, 3.69%^(A), 03/20/2030 ^(B)		1,000,000		981,462
Logan CLO II Ltd.
Series 2021-2A, Class B,
3-Month LIBOR + 1.70%, 4.41%^(A), 01/20/2035 ^(B)		2,500,000		2,381,360
Mercedes-Benz Auto Receivables Trust
Series 2019-1, Class A4,
2.04%, 01/15/2026		2,600,000		2,571,426
Octagon Investment Partners 44 Ltd.
Series 2019-1A, Class BR,
3-Month LIBOR + 1.70%, 4.21%^(A), 10/15/2034 ^(B)		3,000,000		2,816,004


	Principal		Value
ASSET-BACKED SECURITIES (continued)
Silver Rock CLO II Ltd.
Series 2021-2A, Class B1,
3-Month LIBOR + 1.90%, 4.61%^(A), 01/20/2035 ^(B)		$ 2,298,000		$ 2,159,566
Sixth Street CLO XX Ltd.
Series 2021-20A, Class B,
3-Month LIBOR + 1.65%, 4.36%^(A), 10/20/2034 ^(B)		1,000,000		951,068
TCW CLO AMR Ltd.
Series 2019-1A, Class BR,
3-Month LIBOR + 1.75%, 3.16%^(A), 08/16/2034 ^(B)		7,900,000		7,630,689
TICP CLO XII Ltd.
Series 2018-12A, Class BR,
3-Month LIBOR + 1.65%, 4.16%^(A), 07/15/2034 ^(B)		6,650,000		6,312,007
Toyota Lease Owner Trust
Series 2022-A, Class A3,
1.96%, 02/20/2025^(B)		3,500,000		3,415,576
Voya CLO Ltd.
Series 2018-3A, Class A2,
3-Month LIBOR + 1.40%, 3.91%^(A), 10/15/2031 ^(B)		5,200,000		4,997,200
Whitebox CLO I Ltd.
Series 2019-1A, Class ANBR,
3-Month LIBOR + 1.70%, 4.48%^(A), 07/24/2032 ^(B)		2,500,000		2,391,448

Total Asset-Backed Securities (Cost $83,039,827)				80,425,278


CORPORATE DEBT SECURITIES - 26.9%
Aerospace & Defense - 0.1%
Moog, Inc.
4.25%, 12/15/2027^(B)		347,000		323,796
Spirit AeroSystems, Inc.
7.50%, 04/15/2025^(B)		327,000		326,752

				650,548

Air Freight & Logistics - 0.1%
Cargo Aircraft Management, Inc.
4.75%, 02/01/2028^(B)		344,000		320,659
United Parcel Service, Inc.
3.90%, 04/01/2025		168,000		170,735

				491,394

Airlines - 0.2%
Air Canada
3.88%, 08/15/2026^(B)		285,000		261,915
American Airlines, Inc.
11.75%, 07/15/2025^(B)		810,000		895,579
British Airways Pass-Through Trust
2.90%, 09/15/2036^(B)		108,696		95,833
United Airlines, Inc.
4.63%, 04/15/2029^(B)		520,000		479,050

				1,732,377


Transamerica Funds			Page 1

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)


	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Automobiles - 0.1%
Ford Motor Co.
3.25%, 02/12/2032		$ 255,000		$ 212,925
4.75%, 01/15/2043		478,000		393,752

				606,677

Banks - 4.7%
Australia & New Zealand Banking Group Ltd.
Fixed until 06/15/2026^(C), 6.75%^(A) ^(B)		563,000		574,260
Banco Santander SA
2.71%, 06/27/2024		400,000		390,990
Bank Hapoalim BM
Fixed until 01/21/2027, 3.26%^(A), 01/21/2032 ^(D)		220,000		189,251
Bank of America Corp.
Fixed until 05/19/2023, 1.49% ^(A), 05/19/2024		915,000		897,765
Fixed until 10/27/2025, 1.95%^(A), 10/27/2026^(D)		EUR 600,000		610,820
Fixed until 10/22/2024, 2.46%^(A), 10/22/2025		$ 652,000		626,364
Fixed until 04/27/2032, 2.82%^(A), 04/27/2033^(D)		EUR 700,000		712,354
Fixed until 04/02/2025, 3.38%^(A), 04/02/2026		$ 71,000		69,347
Fixed until 03/08/2032, 3.85%^(A), 03/08/2037		44,000		39,847
Fixed until 04/27/2032, 4.57%^(A), 04/27/2033		85,000		85,721
Bank of Montreal
1.50%, 01/10/2025		415,000		395,110
Bank of Nova Scotia
2.95%, 03/11/2027		86,000		82,761
Fixed until 02/04/2032, 4.59%^(A), 05/04/2037		149,000		139,360
Fixed until 06/04/2025^(C), 4.90%^(A)		2,187,000		2,129,591
BankUnited, Inc.
4.88%, 11/17/2025		223,000		226,772
5.13%, 06/11/2030		3,479,000		3,488,096
Barclays PLC
Fixed until 01/31/2026, 2.89%^(A), 01/31/2027^(D)		EUR 400,000		409,229
Fixed until 12/15/2025^(C), 6.13%^{(A) (E)}		$ 2,500,000		2,410,750
BNP Paribas SA
Fixed until 09/01/2027, 0.50%^(A), 09/01/2028 ^(D)		EUR 400,000		367,899
Canadian Imperial Bank of Commerce
0.95%, 10/23/2025		$ 160,000		145,847
3.30%, 04/07/2025^(E)		342,000		337,673
Citigroup, Inc.
Fixed until 06/01/2023, 4.04%^(A), 06/01/2024		478,000		478,636
Danske Bank AS
Fixed until 09/10/2024, 0.98%^(A), 09/10/2025^(B)		565,000		523,408
Fixed until 02/17/2026, 1.38%^(A), 02/17/2027^(D)		EUR 400,000		387,893
Fixed until 12/20/2024, 3.24%^(A), 12/20/2025^(B)		$ 593,000		568,375
Fixed until 06/26/2025^(C), 7.00%^{(A) (D)}		500,000		482,800
HSBC Holdings PLC
3.00%, 06/30/2025^(D)		EUR 400,000		420,305
Fixed until 06/15/2026, 3.02%^(A), 06/15/2027^(D)		400,000		417,637


	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Banks (continued)
ING Groep NV
Fixed until 11/16/2026^(C), 5.75%^(A)		$ 2,050,000		$ 1,958,725
JPMorgan Chase & Co.
Fixed until 09/16/2023, 0.65%^(A), 09/16/2024		338,000		325,440
Fixed until 03/23/2029, 1.96%^(A), 03/23/2030^(D)		EUR 400,000		394,398
Fixed until 11/08/2031, 2.55%^(A), 11/08/2032		$ 43,000		37,021
Fixed until 04/26/2025, 4.08%^(A), 04/26/2026		215,000		214,813
Mitsubishi UFJ Financial Group, Inc.
2.19%, 02/25/2025		467,000		446,236
Mizuho Financial Group, Inc.
Fixed until 09/13/2024, 2.56%^(A), 09/13/2025		655,000		629,604
National Bank of Canada
Fixed until 11/15/2023, 0.55%^(A), 11/15/2024		392,000		375,307
2.15%, 10/07/2022^(B)		461,000		460,344
NatWest Group PLC
Fixed until 02/26/2029, 0.78%^(A), 02/26/2030^(D)		EUR 350,000		310,834
Fixed until 03/02/2025, 1.75%^(A), 03/02/2026^(D)		500,000		502,125
Fixed until 03/22/2024, 4.27%^(A), 03/22/2025		$ 450,000		446,009
Fixed until 06/28/2031^(C), 4.60%^(A)		562,000		443,312
Fixed until 12/29/2025^(C), 6.00%^(A)		1,875,000		1,829,306
NatWest Markets PLC
3.48%, 03/22/2025^(B)		333,000		327,218
Signature Bank
Fixed until 10/15/2025, 4.00%^(A), 10/15/2030		929,000		897,965
Societe Generale SA
Fixed until 11/18/2030^(C), 5.38%^(A) ^(B)		1,765,000		1,481,036
Sumitomo Mitsui Trust Bank Ltd.
0.85%, 03/25/2024^(B)		399,000		380,254
SVB Financial Group
Fixed until 02/15/2031^(C), 4.10%^(A)		1,378,000		1,071,671
Fixed until 04/29/2027, 4.35%^(A), 04/29/2028		340,000		335,471
Swedbank AB
1.30%, 02/17/2027^(D)		EUR 400,000		390,076
Texas Capital Bancshares, Inc.
Fixed until 05/06/2026, 4.00%^(A), 05/06/2031		$ 500,000		455,606
UniCredit SpA
Fixed until 06/03/2024^(C), 8.00%^(A) ^(D)		2,000,000		1,936,500
Wells Fargo & Co.
1.00%, 02/02/2027^(D)		EUR 400,000		386,251
Fixed until 05/04/2029, 1.74%^(A), 05/04/2030^(D)		800,000		769,911

				34,414,294

Beverages - 0.0%^(F)
Constellation Brands, Inc.
4.35%, 05/09/2027		$ 43,000		43,561
PepsiCo, Inc.
2.25%, 03/19/2025		257,000		252,272

				295,833


Transamerica Funds			Page 2

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)


	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Biotechnology - 0.1%
Grifols Escrow Issuer SA
4.75%, 10/15/2028^(B)		$ 362,000		$ 320,830
Merck Financial Services GmbH
2.38%, 06/15/2030^(D)		EUR 400,000		425,598

				746,428

Building Products - 0.1%
Park River Holdings, Inc.
6.75%, 08/01/2029^(B)		$ 347,000		235,672
PGT Innovations, Inc.
4.38%, 10/01/2029^(B)		305,000		276,800
Standard Industries, Inc.
3.38%, 01/15/2031^(B)		420,000		341,523

				853,995

Capital Markets - 1.3%
Aretec Escrow Issuer, Inc.
7.50%, 04/01/2029^(B)		365,000		322,262
Charles Schwab Corp.
2.45%, 03/03/2027		58,000		55,552
3.85%, 05/21/2025		658,000		669,010
Credit Suisse AG
2.13%, 05/31/2024		EUR 400,000		409,938
Credit Suisse Group AG
Fixed until 02/11/2027^(C), 5.25%^(A) ^(B)		$ 1,667,000		1,375,275
Deutsche Bank AG
Fixed until 11/19/2024, 1.00%^(A), 11/19/2025^(D)		EUR 400,000		391,699
Fixed until 11/19/2029, 1.75%^(A), 11/19/2030^(D)		400,000		353,077
Fixed until 09/18/2023, 2.22%^(A), 09/18/2024		$ 429,000		414,573
Goldman Sachs Group, Inc.
1.25%, 02/07/2029^(D)		EUR 400,000		373,109
1.63%, 07/27/2026^(D)		600,000		597,769
ION Trading Technologies SARL
5.75%, 05/15/2028^(B)		$ 450,000		369,000
LPL Holdings, Inc.
4.00%, 03/15/2029^(B)		255,000		237,150
Morgan Stanley
Fixed until 10/21/2024, 1.16%^(A), 10/21/2025		125,000		116,730
Fixed until 05/08/2025, 2.10%^(A), 05/08/2026		EUR 400,000		409,696
Fixed until 05/07/2031, 2.95%^(A), 05/07/2032		400,000		417,178
5.00%, 11/24/2025		$ 57,000		58,722
Fixed until 04/20/2032, 5.30%^(A), 04/20/2037		49,000		49,442
NFP Corp.
4.88%, 08/15/2028^(B)		236,000		214,838
UBS Group AG
0.88%, 11/03/2031^(D)		EUR 400,000		351,174
Fixed until 06/15/2026, 2.75%^(A), 06/15/2027^(D)		400,000		414,940
Fixed until 08/15/2022, 2.86%^(A), 08/15/2023^(B)		$ 1,728,000		1,727,526

				9,328,660

Chemicals - 0.6%
Avient Corp.
7.13%, 08/01/2030^{(B) (G)}		90,000		92,738
Celanese US Holdings LLC
4.78%, 07/19/2026		EUR 500,000		521,718


	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Chemicals (continued)
Consolidated Energy Finance SA
5.63%, 10/15/2028^(B)		$ 362,000		$ 294,940
Linde PLC
1.38%, 03/31/2031^(D)		EUR 400,000		390,833
1.63%, 03/31/2035^{(D) (E)}		400,000		376,933
Methanex Corp.
5.13%, 10/15/2027		$ 349,000		322,825
Minerals Technologies, Inc.
5.00%, 07/01/2028^(B)		359,000		328,965
RPM International, Inc.
4.55%, 03/01/2029		525,000		516,900
Syngenta Finance NV
1.25%, 09/10/2027^(D)		EUR 500,000		450,050
3.38%, 04/16/2026^(D)		600,000		608,158
Trinseo Materials Operating SCA / Trinseo Materials Finance, Inc.
5.13%, 04/01/2029^(B)		$ 310,000		216,225
Westlake Corp.
1.63%, 07/17/2029		EUR 500,000		448,228

				4,568,513

Commercial Services & Supplies - 0.6%
Allied Universal Holdco LLC / Allied Universal Finance Corp. / Atlas Luxco 4 SARL
4.63%, 06/01/2028^(B)		$ 421,000		370,823
Brink’s Co.
4.63%, 10/15/2027^(B)		355,000		324,773
Cintas Corp. No. 2
3.45%, 05/01/2025		91,000		91,202
Covanta Holding Corp.
5.00%, 09/01/2030		310,000		270,676
Deluxe Corp.
8.00%, 06/01/2029^(B)		370,000		322,980
Garda World Security Corp.
6.00%, 06/01/2029^(B)		304,000		237,303
Harsco Corp.
5.75%, 07/31/2027^(B)		361,000		274,360
Nielsen Finance LLC / Nielsen Finance Co.
5.88%, 10/01/2030^(B)		239,000		234,220
Prime Security Services Borrower LLC / Prime Finance, Inc.
5.75%, 04/15/2026^(B)		345,000		350,613
Sotheby’s / Bidfair Holdings, Inc.
5.88%, 06/01/2029^(B)		500,000		433,674
Triton Container International Ltd.
0.80%, 08/01/2023^(B)		1,412,000		1,356,117
Wabtec Transportation Netherlands BV
1.25%, 12/03/2027		EUR 500,000		435,189

				4,701,930

Construction & Engineering - 0.1%
ABB Finance BV
0.63%, 03/31/2024^(D)		300,000		305,290
Mattamy Group Corp.
4.63%, 03/01/2030^(B)		$ 194,000		156,123
5.25%, 12/15/2027^(B)		190,000		166,832
VM Consolidated, Inc.
5.50%, 04/15/2029^(B)		366,000		320,809

				949,054

Construction Materials - 0.0%^(F)
Holcim Finance Luxembourg SA
0.50%, 09/03/2030^(D)		EUR 400,000		335,637


Transamerica Funds			Page 3

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)


	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Consumer Finance - 1.3%
Ally Financial, Inc.
Fixed until 05/15/2028^(C), 4.70%^(A)		$ 3,000,000		$ 2,366,150
Altice Financing SA
5.00%, 01/15/2028^(B)		655,000		578,208
American Express Co.
3.40%, 02/22/2024		200,000		199,640
4.20%, 11/06/2025		168,000		171,456
BMW US Capital LLC
3.90%, 04/09/2025^{(B) (E)}		534,000		538,524
Cobra AcquisitionCo LLC
6.38%, 11/01/2029^(B)		510,000		382,500
Credit Acceptance Corp.
6.63%, 03/15/2026^(E)		424,000		421,880
Curo Group Holdings Corp.
7.50%, 08/01/2028^(B)		418,000		284,328
Enova International, Inc.
8.50%, 09/01/2024 - 09/15/2025^(B)		352,000		325,309
FCE Bank PLC
1.62%, 05/11/2023^(D)		EUR 500,000		509,747
FirstCash, Inc.
4.63%, 09/01/2028^(B)		$ 434,000		388,237
Ford Motor Credit Co. LLC
4.95%, 05/28/2027		350,000		346,973
General Motors Financial Co., Inc.
0.85%, 02/26/2026^(D)		EUR 400,000		383,612
2.75%, 06/20/2025		$ 238,000		227,529
goeasy Ltd.
4.38%, 05/01/2026^{(B) (E)}		259,000		221,769
John Deere Capital Corp.
0.45%, 06/07/2024		783,000		746,734
LFS Topco LLC
5.88%, 10/15/2026^(B)		260,000		212,514
PROG Holdings, Inc.
6.00%, 11/15/2029^(B)		302,000		247,766
S&P Global, Inc.
2.70%, 03/01/2029^(B)		129,000		121,480
Synchrony Financial
4.50%, 07/23/2025		1,178,000		1,165,268

				9,839,624

Containers & Packaging - 0.3%
Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC
3.25%, 09/01/2028^(B)		209,000		194,017
Clydesdale Acquisition Holdings, Inc.
6.63%, 04/15/2029^(B)		335,000		338,256
Crown Americas LLC
5.25%, 04/01/2030^{(B) (E)}		337,000		336,158
LABL, Inc.
5.88%, 11/01/2028^(B)		297,000		271,384
Sealed Air Corp.
5.00%, 04/15/2029^(B)		128,000		125,760
Silgan Holdings, Inc.
4.13%, 02/01/2028		66,000		61,875
Sonoco Products Co.
1.80%, 02/01/2025		980,000		928,950

				2,256,400

Distributors - 0.1%
Genuine Parts Co.
1.75%, 02/01/2025		83,000		79,132
Performance Food Group, Inc.
5.50%, 10/15/2027^(B)		450,000		443,435

				522,567


	Principal			Value
CORPORATE DEBT SECURITIES (continued)
Diversified Financial Services - 0.5%
Burford Capital Global Finance LLC
6.25%, 04/15/2028^(B)		$ 805,000			$ 733,838
Enact Holdings, Inc.
6.50%, 08/15/2025^(B)		458,000			462,901
Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp.
4.25%, 02/01/2027^(B)		363,000			323,604
National Rural Utilities Cooperative Finance Corp.
1.88%, 02/07/2025		166,000			160,510
2.85%, 01/27/2025		755,000			744,846
Fixed until 04/30/2023, 4.75%^(A), 04/30/2043		977,000			913,477
Rocket Mortgage LLC / Rocket Mortgage Co-Issuer, Inc.
3.63%, 03/01/2029^(B)		241,000			206,055

					3,545,231

Diversified Telecommunication Services - 0.5%
AT&T, Inc.
2.05%, 05/19/2032		EUR 400,000			395,500
Cogent Communications Group, Inc.
7.00%, 06/15/2027^(B)		$ 371,000			372,427
Connect Finco SARL / Connect US Finco LLC
6.75%, 10/01/2026^(B)		409,000			400,014
Hughes Satellite Systems Corp.
6.63%, 08/01/2026		340,000			330,020
Iliad Holding SASU
7.00%, 10/15/2028^(B)		420,000			403,139
Lumen Technologies, Inc.
5.38%, 06/15/2029^(B)		580,000			484,300
Telefonica Emisiones SA
2.59%, 05/25/2031^(D)		EUR 300,000			312,200
Telesat Canada / Telesat LLC
4.88%, 06/01/2027^(B)		$ 500,000			294,375
Verizon Communications, Inc.
1.13%, 09/19/2035		EUR 400,000			338,028
Zayo Group Holdings, Inc.
6.13%, 03/01/2028^(B)		$ 261,000			202,275

					3,532,278

Electric Utilities - 0.6%
Avangrid, Inc.
3.20%, 04/15/2025		443,000			434,182
Duke Energy Corp.			��
3.10%, 06/15/2028		EUR 600,000			635,957
3.85%, 06/15/2034		600,000			652,135
EDP - Energias de Portugal SA
2.88%, 06/01/2026^(D)		400,000			417,814
FLUVIUS System Operator CVBA
0.63%, 11/24/2031^(D)		400,000			343,427
NextEra Energy Capital Holdings, Inc.
2.94%, 03/21/2024		$ 60,000			59,453
NextEra Energy Operating Partners LP
4.25%, 07/15/2024^(B)		230,000			228,618
NRG Energy, Inc.
3.63%, 02/15/2031^(B)		395,000			330,854
Pattern Energy Operations LP / Pattern Energy Operations, Inc.
4.50%, 08/15/2028^(B)		355,000			329,326
Southern California Edison Co.
1.10%, 04/01/2024		545,000			522,375


Transamerica Funds			Page 4

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)


	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Electric Utilities (continued)
TenneT Holding BV
0.88%, 06/16/2035^(D)		EUR 400,000		$ 336,957
Vistra Operations Co. LLC
5.00%, 07/31/2027^(B)		$ 412,000		405,635

				4,696,733

Electrical Equipment - 0.1%
EnerSys
4.38%, 12/15/2027^(B)		356,000		325,740
Siemens Financieringsmaatschappij NV
3.25%, 05/27/2025^(B)		677,000		673,675

				999,415

Electronic Equipment, Instruments & Components - 0.1%
Imola Merger Corp.
4.75%, 05/15/2029^(B)		365,000		339,644
Trimble, Inc.
4.75%, 12/01/2024		54,000		54,748
TTM Technologies, Inc.
4.00%, 03/01/2029^{(B) (E)}		383,000		338,405

				732,797

Energy Equipment & Services - 0.3%
Archrock Partners LP / Archrock Partners Finance Corp.
6.88%, 04/01/2027^(B)		397,000		370,708
Genesis Energy LP / Genesis Energy Finance Corp.
5.63%, 06/15/2024		531,000		510,374
8.00%, 01/15/2027		262,000		256,760
Nabors Industries Ltd.
7.25%, 01/15/2026^(B)		270,000		245,025
Nabors Industries, Inc.
7.38%, 05/15/2027^(B)		263,000		260,370
USA Compression Partners LP / USA Compression Finance Corp.
6.88%, 04/01/2026		206,000		193,634
Weatherford International Ltd.
6.50%, 09/15/2028^(B)		200,000		191,206

				2,028,077

Entertainment - 0.1%
AMC Entertainment Holdings, Inc.
PIK Rate 0.00%, Cash Rate 10.00%, 06/15/2026^{(B) (H)}		430,000		340,446
Scientific Games Holdings LP / Scientific Games US FinCo, Inc.
6.63%, 03/01/2030^(B)		360,000		323,100

				663,546

Equity Real Estate Investment Trusts - 0.6%
CTR Partnership LP / CareTrust Capital Corp.
3.88%, 06/30/2028^(B)		365,000		322,499
HAT Holdings I LLC / HAT Holdings II LLC
6.00%, 04/15/2025^(B)		330,000		320,689
Prologis International Funding II SA
3.13%, 06/01/2031^(D)		EUR 400,000		418,002
Scentre Group Trust 1 / Scentre Group Trust 2
1.45%, 03/28/2029^{(D) (E)}		400,000		362,836
Scentre Group Trust 2
Fixed until 06/24/2030, 5.13%^(A), 09/24/2080 ^(B)		$ 1,273,000		1,083,710


	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Equity Real Estate Investment Trusts (continued)
Service Properties Trust
4.38%, 02/15/2030		$ 667,000		$ 487,955
5.25%, 02/15/2026		205,000		173,262
Unibail-Rodamco-Westfield SE
0.88%, 02/21/2025^{(D) (E)}		EUR 900,000		881,699

				4,050,652

Food & Staples Retailing - 0.1%
Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP
5.88%, 02/15/2028^(B)		$ 520,000		504,400
C&S Group Enterprises LLC
5.00%, 12/15/2028^(B)		576,000		416,890

				921,290

Food Products - 1.1%
Conagra Brands, Inc.
0.50%, 08/11/2023		1,097,000		1,064,073
Hormel Foods Corp.
0.65%, 06/03/2024		234,000		224,046
Land O’Lakes Capital Trust I
7.45%, 03/15/2028^(B)		490,000		495,589
Land O’Lakes, Inc.
7.00%, 09/18/2028^{(B) (C)}		4,820,000		4,608,209
Nestle Holdings, Inc.
3.50%, 09/24/2025^(B)		352,000		354,891
Post Holdings, Inc.
4.50%, 09/15/2031^(B)		280,000		246,558
Simmons Foods, Inc. / Simmons Prepared Foods, Inc. / Simmons Pet Food, Inc.
4.63%, 03/01/2029^(B)		258,000		235,544
Smithfield Foods, Inc.
5.20%, 04/01/2029^(B)		121,000		120,916
Viterra Finance BV
0.38%, 09/24/2025^(D)		EUR 500,000		457,439

				7,807,265

Gas Utilities - 0.1%
Ferrellgas LP / Ferrellgas Finance Corp.
5.38%, 04/01/2026^(B)		$ 365,000		339,450

Health Care Equipment & Supplies - 0.0%^(F)
Medline Borrower LP
3.88%, 04/01/2029^(B)		305,000		275,644

Health Care Providers & Services - 0.5%
Acadia Healthcare Co., Inc.
5.50%, 07/01/2028^(B)		232,000		228,427
CHS / Community Health Systems, Inc.
5.63%, 03/15/2027^(B)		430,000		382,468
DaVita, Inc.
4.63%, 06/01/2030^(B)		370,000		303,400
HCA, Inc.
3.50%, 09/01/2030		370,000		337,621
Legacy LifePoint Health LLC
4.38%, 02/15/2027^(B)		360,000		320,947
MPH Acquisition Holdings LLC
5.75%, 11/01/2028^{(B) (E)}		381,000		322,898
Roche Holdings, Inc.
2.13%, 03/10/2025^{(B) (E)}		261,000		255,263
Select Medical Corp.
6.25%, 08/15/2026^(B)		468,000		468,609
UnitedHealth Group, Inc.
3.75%, 07/15/2025		707,000		720,512

				3,340,145


Transamerica Funds			Page 5

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)


	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Hotels, Restaurants & Leisure - 0.8%
Banijay Entertainment SASU
5.38%, 03/01/2025^(B)		$ 335,000		$ 319,666
Brinker International, Inc.
5.00%, 10/01/2024^(B)		215,000		205,325
Caesars Entertainment, Inc.
6.25%, 07/01/2025^(B)		325,000		324,188
Carnival Corp.
5.75%, 03/01/2027^(B)		425,000		340,661
10.50%, 06/01/2030^(B)		320,000		284,254
Carrols Restaurant Group, Inc.
5.88%, 07/01/2029^{(B) (E)}		221,000		158,562
CEC Entertainment LLC
6.75%, 05/01/2026^(B)		490,000		456,925
Dave & Buster’s, Inc.
7.63%, 11/01/2025^(B)		261,000		262,804
Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Escrow, Inc.
4.88%, 07/01/2031^(B)		487,000		409,080
InterContinental Hotels Group PLC
2.13%, 05/15/2027^(D)		EUR 400,000		391,465
Magallanes, Inc.
3.64%, 03/15/2025^(B)		$ 60,000		58,771
4.28%, 03/15/2032^(B)		103,000		96,133
Melco Resorts Finance Ltd.
5.38%, 12/04/2029^(B)		347,000		236,842
NCL Corp. Ltd.
3.63%, 12/15/2024^{(B) (E)}		510,000		438,600
5.88%, 03/15/2026^(B)		235,000		191,659
Premier Entertainment Sub LLC / Premier Entertainment Finance Corp.
5.88%, 09/01/2031^(B)		461,000		360,362
Royal Caribbean Cruises Ltd.
4.25%, 07/01/2026^(B)		480,000		369,600
SeaWorld Parks & Entertainment, Inc.
5.25%, 08/15/2029^{(B) (E)}		365,000		327,223
Travel & Leisure Co.
6.00%, 04/01/2027		340,000		337,348
Wynn Macau Ltd.
5.13%, 12/15/2029^{(B) (E)}		510,000		390,150

				5,959,618

Household Products - 0.0%^(F)
Energizer Holdings, Inc.
4.38%, 03/31/2029^(B)		286,000		236,802

Independent Power & Renewable Electricity Producers - 0.1%
Calpine Corp.
3.75%, 03/01/2031^(B)		237,000		210,379
5.00%, 02/01/2031^(B)		388,000		344,915
Clearway Energy Operating LLC
4.75%, 03/15/2028^(B)		245,000		237,650

				792,944

Insurance - 1.4%
Americo Life, Inc.
3.45%, 04/15/2031^(B)		280,000		234,222
Aon Global Ltd.
2.88%, 05/14/2026		EUR 400,000		419,040
Assurant, Inc.
Fixed until 03/27/2028, 7.00%^(A), 03/27/2048		$ 1,100,000		1,102,131
Athene Global Funding
1.73%, 10/02/2026^(B)		332,000		295,676


	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Insurance (continued)
Athene Holding Ltd.
6.15%, 04/03/2030		$ 1,852,000		$ 1,922,288
Berkshire Hathaway Finance Corp.
1.50%, 03/18/2030		EUR 800,000		774,934
Brighthouse Financial, Inc.
5.63%, 05/15/2030^(E)		$ 1,200,000		1,202,842
Chubb INA Holdings, Inc.
1.55%, 03/15/2028		EUR 400,000		394,364
Enstar Finance LLC
Fixed until 09/01/2025, 5.75%^(A), 09/01/2040		$ 1,700,000		1,588,308
F&G Global Funding
0.90%, 09/20/2024^(B)		395,000		366,077
Liberty Mutual Group, Inc.
4.30%, 02/01/2061^(B)		2,022,000		1,418,000
Ryan Specialty Group LLC
4.38%, 02/01/2030^(B)		214,000		193,135
Security Benefit Global Funding
1.25%, 05/17/2024^(B)		254,000		240,031

				10,151,048

Internet & Catalog Retail - 0.1%
Amazon.com, Inc.
3.30%, 04/13/2027		84,000		84,565
3.45%, 04/13/2029		340,000		342,788

				427,353

Internet & Direct Marketing Retail - 0.1%
Amazon.com, Inc.
2.80%, 08/22/2024		989,000		984,844

IT Services - 0.3%
Ahead DB Holdings LLC
6.63%, 05/01/2028^(B)		365,000		337,625
Bread Financial Holdings, Inc.
4.75%, 12/15/2024^(B)		345,000		319,125
Leidos, Inc.
3.63%, 05/15/2025		76,000		75,162
Mastercard, Inc.
2.00%, 03/03/2025		302,000		294,567
Rackspace Technology Global, Inc.
3.50%, 02/15/2028^(B)		160,000		132,325
5.38%, 12/01/2028^{(B) (E)}		276,000		202,713
Visa, Inc.
2.00%, 06/15/2029		EUR 500,000		523,887

				1,885,404

Machinery - 0.6%
AGCO International Holdings BV
0.80%, 10/06/2028^(D)		300,000		260,052
Caterpillar Financial Services Corp.
0.65%, 07/07/2023		$ 1,100,000		1,075,328
0.95%, 01/10/2024		257,000		249,597
CNH Industrial Capital LLC
4.20%, 01/15/2024		226,000		226,556
CNH Industrial NV
4.50%, 08/15/2023		177,000		177,701
Daimler Truck International Finance BV
1.25%, 04/06/2025^(D)		EUR 400,000		401,570
1.63%, 04/06/2027^(D)		400,000		397,731
Illinois Tool Works, Inc.
3.50%, 03/01/2024		$ 211,000		211,991
nVent Finance SARL
2.75%, 11/15/2031		356,000		293,632
Stanley Black & Decker, Inc.
2.30%, 02/24/2025		452,000		440,237
3.00%, 05/15/2032^(E)		222,000		204,486


Transamerica Funds			Page 6

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)


	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Machinery (continued)
Weir Group PLC
2.20%, 05/13/2026^(B)		$ 319,000		$ 282,462

				4,221,343

Media - 0.6%
Belo Corp.
7.25%, 09/15/2027		750,000		746,250
Block Communications, Inc.
4.88%, 03/01/2028^(B)		365,000		320,288
CCO Holdings LLC / CCO Holdings Capital Corp.
4.50%, 08/15/2030^(B)		1,005,000		893,365
Comcast Corp.
4.15%, 10/15/2028		83,000		85,078
CSC Holdings LLC
4.63%, 12/01/2030^(B)		250,000		190,000
5.38%, 02/01/2028^(B)		495,000		470,250
5.75%, 01/15/2030^(B)		360,000		291,186
Discovery Communications LLC
1.90%, 03/19/2027^(E)		EUR 400,000		396,054
Paramount Global
Fixed until 03/30/2027, 6.38%^(A), 03/30/2062		$ 242,000		230,435
Sirius XM Radio, Inc.
4.00%, 07/15/2028^(B)		370,000		343,730
Univision Communications, Inc.
6.63%, 06/01/2027^(B)		355,000		355,887
7.38%, 06/30/2030^(B)		115,000		116,039
UPC Broadband Finco BV
4.88%, 07/15/2031^(B)		294,000		259,943

				4,698,505

Metals & Mining - 0.4%
ATI, Inc.
4.88%, 10/01/2029		301,000		257,506
Cleveland-Cliffs, Inc.
4.63%, 03/01/2029^{(B) (E)}		313,000		292,142
6.25%, 10/01/2040		263,000		227,550
Commercial Metals Co.
3.88%, 02/15/2031		307,000		255,570
FMG Resources August 2006 Pty Ltd.
4.50%, 09/15/2027^(B)		350,000		322,875
Glencore Finance Europe Ltd.
3.75%, 04/01/2026^{(D) (E)}		EUR 400,000		418,493
Hudbay Minerals, Inc.
6.13%, 04/01/2029^(B)		$ 480,000		373,200
Mineral Resources Ltd.
8.13%, 05/01/2027^(B)		415,000		411,916
South32 Treasury Ltd.
4.35%, 04/14/2032^(B)		381,000		362,339
Warrior Met Coal, Inc.
7.88%, 12/01/2028^(B)		265,000		245,212

				3,166,803

Mortgage Real Estate Investment Trusts - 0.1%
AG Issuer LLC
6.25%, 03/01/2028^(B)		345,000		308,183
Apollo Commercial Real Estate Finance, Inc.
4.63%, 06/15/2029^(B)		385,000		302,225
Starwood Property Trust, Inc.
4.38%, 01/15/2027^(B)		110,000		100,827
4.75%, 03/15/2025		235,000		233,412

				944,647


	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Multi-Utilities - 0.5%
Algonquin Power & Utilities Corp.
Fixed until 01/18/2027, 4.75%^(A), 01/18/2082		$ 4,096,000		$ 3,617,178

Multiline Retail - 0.0%^(F)
Nordstrom, Inc.
2.30%, 04/08/2024		95,000		89,869

Oil, Gas & Consumable Fuels - 2.2%
Antero Midstream Partners LP / Antero Midstream Finance Corp.
5.75%, 01/15/2028^(B)		337,000		329,418
Antero Resources Corp.
5.38%, 03/01/2030^(B)		335,000		329,138
Apache Corp.
4.38%, 10/15/2028		349,000		325,443
BP Capital Markets America, Inc.
2.75%, 05/10/2023		876,000		876,088
BP Capital Markets PLC
1.57%, 02/16/2027^(D)		EUR 400,000		400,493
Buckeye Partners LP
4.50%, 03/01/2028^(B)		$ 361,000		329,897
California Resources Corp.
7.13%, 02/01/2026^(B)		475,000		470,259
Canadian Natural Resources Ltd.
2.95%, 01/15/2023		990,000		987,689
Chevron Corp.
1.55%, 05/11/2025		195,000		187,825
Chevron USA, Inc.
3.90%, 11/15/2024		587,000		595,267
Chord Energy Corp.
6.38%, 06/01/2026^(B)		336,000		330,960
Civitas Resources, Inc.
5.00%, 10/15/2026^(B)		279,000		262,065
Crescent Energy Finance LLC
7.25%, 05/01/2026^(B)		349,000		322,825
DCP Midstream Operating LP
5.60%, 04/01/2044		265,000		228,547
DT Midstream, Inc.
4.30%, 04/15/2032^(B)		68,000		64,406
Earthstone Energy Holdings LLC
8.00%, 04/15/2027^(B)		326,000		311,431
eG Global Finance PLC
6.75%, 02/07/2025^(B)		338,000		321,945
Energy Transfer LP
Fixed until 11/15/2026^(C), 6.50%^(A)		2,346,000		2,128,995
EnLink Midstream Partners LP
Fixed until 12/15/2022^(C), 6.00%^(A)		1,400,000		973,000
EQM Midstream Partners LP
7.50%, 06/01/2027 - 06/01/2030^(B)		396,000		406,569
EQT Corp.
3.63%, 05/15/2031^{(B) (E)}		415,000		379,899
Gray Oak Pipeline LLC
2.00%, 09/15/2023^(B)		382,000		373,101
Harvest Midstream I LP
7.50%, 09/01/2028^(B)		494,000		471,018
Hilcorp Energy I LP / Hilcorp Finance Co.
6.00%, 02/01/2031^(B)		510,000		467,129
Holly Energy Partners LP / Holly Energy Finance Corp.
5.00%, 02/01/2028^(B)		459,000		423,223
Howard Midstream Energy Partners LLC
6.75%, 01/15/2027^(B)		332,000		287,004
ITT Holdings LLC
6.50%, 08/01/2029^(B)		450,000		386,710


Transamerica Funds			Page 7

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)


	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Oil, Gas & Consumable Fuels (continued)
MPLX LP
3.50%, 12/01/2022		$ 105,000		$ 104,913
Murphy Oil Corp.
6.38%, 07/15/2028		326,000		325,403
Murphy Oil USA, Inc.
4.75%, 09/15/2029		210,000		203,148
NGL Energy Operating LLC / NGL Energy Finance Corp.
7.50%, 02/01/2026^(B)		445,000		407,175
NGL Energy Partners LP / NGL Energy Finance Corp.
6.13%, 03/01/2025^(E)		240,000		188,330
NuStar Logistics LP
6.38%, 10/01/2030		339,000		312,537
Occidental Petroleum Corp.
6.38%, 09/01/2028		314,000		336,506
PBF Holding Co. LLC / PBF Finance Corp.
6.00%, 02/15/2028^(E)		281,000		255,008
Rockcliff Energy II LLC
5.50%, 10/15/2029^(B)		241,000		232,799
Southwestern Energy Co.
5.38%, 02/01/2029 - 03/15/2030		338,000		331,962
Strathcona Resources Ltd.
6.88%, 08/01/2026^(B)		436,000		400,248
Venture Global Calcasieu Pass LLC
3.88%, 08/15/2029^(B)		362,000		334,025
Western Midstream Operating LP
4.50%, 03/01/2028		70,000		67,550

				16,469,948

Paper & Forest Products - 0.0%^(F)
Glatfelter Corp.
4.75%, 11/15/2029^{(B) (E)}		305,000		207,781

Personal Products - 0.3%
Coty, Inc.
5.00%, 04/15/2026^(B)		243,000		238,650
Edgewell Personal Care Co.
4.13%, 04/01/2029^(B)		380,000		341,113
GSK Consumer Healthcare Capital NL BV
1.25%, 03/29/2026^(D)		EUR 300,000		303,679
2.13%, 03/29/2034^(D)		300,000		293,162
GSK Consumer Healthcare Capital UK PLC
3.13%, 03/24/2025^(B)		$ 258,000		254,555
HLF Financing SARL LLC / Herbalife International, Inc.
4.88%, 06/01/2029^(B)		590,000		435,849

				1,867,008

Pharmaceuticals - 0.7%
AstraZeneca PLC
0.38%, 06/03/2029^{(D) (E)}		EUR 300,000		282,826
Bristol-Myers Squibb Co.
0.75%, 11/13/2025		$ 320,000		295,944
3.25%, 02/20/2023		859,000		859,671
Catalent Pharma Solutions, Inc.
5.00%, 07/15/2027^(B)		206,000		206,163
Embecta Corp.
5.00%, 02/15/2030^(B)		217,000		190,770
GlaxoSmithKline Capital, Inc.
3.38%, 05/15/2023		210,000		210,389
Novo Nordisk Finance Netherlands BV
1.13%, 09/30/2027^(D)		EUR 400,000		402,409
1.38%, 03/31/2030^(D)		300,000		297,534


	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Pharmaceuticals (continued)
Organon & Co. / Organon Foreign Debt Co-Issuer BV
4.13%, 04/30/2028^(B)		$ 632,000		$ 599,477
Sanofi
1.25%, 04/06/2029^(D)		EUR 400,000		403,117
Takeda Pharmaceutical Co. Ltd.
1.38%, 07/09/2032		400,000		374,520
Upjohn Finance BV
1.02%, 06/23/2024^(D)		400,000		397,430
1.91%, 06/23/2032^(D)		400,000		324,085
Viatris, Inc.
1.65%, 06/22/2025		$ 404,000		370,100

				5,214,435

Professional Services - 0.1%
Korn Ferry
4.63%, 12/15/2027^(B)		240,000		225,000
Paysafe Finance PLC / Paysafe Holdings US Corp.
4.00%, 06/15/2029^{(B) (E)}		330,000		252,820
TriNet Group, Inc.
3.50%, 03/01/2029^(B)		375,000		327,187

				805,007

Real Estate Management & Development - 3.4%
China Resources Land Ltd.
Fixed until 12/09/2024^(C), 3.75%^(A) ^(D)		750,000		699,345
China SCE Group Holdings Ltd.
7.25%, 04/19/2023^(D)		3,510,000		1,177,605
7.38%, 04/09/2024^(D)		3,075,000		638,831
CIFI Holdings Group Co. Ltd.
6.55%, 03/28/2024^(D)		4,540,000		2,046,322
Country Garden Holdings Co. Ltd.
4.75%, 01/17/2023^(D)		957,000		758,422
8.00%, 01/27/2024^(D)		3,314,000		1,557,580
Cushman & Wakefield US Borrower LLC
6.75%, 05/15/2028^(B)		407,000		400,980
Franshion Brilliant Ltd.
Fixed until 01/03/2023^(C), 4.00%^(A) ^(D)		681,000		612,908
Hopson Development Holdings Ltd.
6.80%, 12/28/2023^(D)		2,318,000		1,437,739
HOWOGE Wohnungs-baugesellschaft mbH
Zero Coupon, 11/01/2024^(D)		EUR 400,000		393,922
0.63%, 11/01/2028^(D)		700,000		641,724
Kennedy-Wilson, Inc.
4.75%, 03/01/2029 - 02/01/2030		$ 382,000		332,165
Logicor Financing SARL
2.25%, 05/13/2025^(D)		EUR 400,000		399,603
Longfor Group Holdings Ltd.
3.90%, 04/16/2023^(D)		$ 203,000		188,792
RKPF Overseas Ltd.
6.70%, 09/30/2024^(D)		2,036,000		977,789
7.88%, 02/01/2023^(D)		6,482,000		5,477,290
SBB Treasury OYJ
1.13%, 11/26/2029^(D)		EUR 500,000		321,946
Vanke Real Estate Hong Kong Co. Ltd.
4.20%, 06/07/2024^(D)		$ 355,000		328,572
Vonovia Finance BV
0.63%, 07/09/2026^(D)		EUR 400,000		378,648
Westwood Group Holdings Ltd.
5.38%, 10/19/2023^(D)		$ 398,000		393,276


Transamerica Funds			Page 8

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)


	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Real Estate Management & Development (continued)
Yanlord Land HK Co. Ltd.
6.75%, 04/23/2023^{(D) (E)}		$ 4,303,000		$ 3,998,778
6.80%, 02/27/2024^(D)		2,283,000		1,941,121

				25,103,358

Road & Rail - 0.1%
AerCap Global Aviation Trust
Fixed until 06/15/2025, 6.50%^(A), 06/15/2045 ^(B)		330,000		312,922
Canadian Pacific Railway Co.
1.35%, 12/02/2024		271,000		257,238
Hertz Corp.
5.00%, 12/01/2029^(B)		400,000		342,018

				912,178

Semiconductors & Semiconductor Equipment - 0.2%
Entegris Escrow Corp.
5.95%, 06/15/2030^(B)		355,000		352,337
Intel Corp.
3.40%, 03/25/2025		677,000		679,171
ON Semiconductor Corp.
3.88%, 09/01/2028^(B)		243,000		224,965
TSMC Global Ltd.
0.75%, 09/28/2025^{(B) (E)}		362,000		329,884

				1,586,357

Software - 0.1%
Central Parent, Inc. / Central Merger Sub, Inc.
7.25%, 06/15/2029^(B)		230,000		233,772
Helios Software Holdings, Inc. / ION Corp. Solutions Finance SARL
4.63%, 05/01/2028^(B)		200,000		159,069
NCR Corp.
5.13%, 04/15/2029^(B)		88,000		84,487

				477,328

Specialty Retail - 0.2%
Carvana Co.
5.50%, 04/15/2027^{(B) (E)}		449,000		296,340
Ken Garff Automotive LLC
4.88%, 09/15/2028^(B)		390,000		321,646
Metis Merger Sub LLC
6.50%, 05/15/2029^(B)		395,000		335,980
Rent-A-Center, Inc.
6.38%, 02/15/2029^{(B) (E)}		380,000		301,410

				1,255,376

Technology Hardware, Storage & Peripherals - 0.2%
Apple, Inc.
0.75%, 05/11/2023		837,000		822,083
Condor Merger Sub, Inc.
7.38%, 02/15/2030^(B)		550,000		482,886
Dell Bank International DAC
0.50%, 10/27/2026^(D)		EUR 300,000		286,130

				1,591,099

Thrifts & Mortgage Finance - 0.0%^(F)
NMI Holdings, Inc.
7.38%, 06/01/2025^(B)		$ 235,000		237,963


	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Wireless Telecommunication Services - 0.1%
Altice France SA
5.13%, 07/15/2029^(B)		$ 875,000		$ 748,869
5.50%, 10/15/2029^(B)		200,000		172,658

				921,527

Total Corporate Debt Securities (Cost $225,159,519)				199,052,177


FOREIGN GOVERNMENT OBLIGATIONS - 3.7%
Brazil - 0.7%
Brazil Notas do Tesouro Nacional
Series F,
10.00%, 01/01/2031 - 01/01/2033		BRL 30,900,000		5,118,754

Chile - 0.5%
Bonos de la Tesoreria de la Republica en pesos
4.50%, 03/01/2026		CLP 1,820,000,000		1,894,491
4.70%, 09/01/2030^(D)		1,820,000,000		1,821,094

				3,715,585

Colombia - 0.6%
Colombia TES
Series B,
5.75%, 11/03/2027		COP 5,800,000,000		1,046,535
7.00%, 06/30/2032		7,100,000,000		1,164,940
9.25%, 05/28/2042		12,000,000,000		2,084,080

				4,295,555

Japan - 0.1%
Development Bank of Japan, Inc.
1.75%, 02/18/2025^(B)		$ 570,000		551,372

Mexico - 0.7%
Mexico Bonos
Series M,
5.00%, 03/06/2025		MXN 81,300,000		3,616,076
8.50%, 11/18/2038		36,000,000		1,717,468

				5,333,544

Peru - 0.7%
Peru Government Bond
5.40%, 08/12/2034		PEN 12,000,000		2,393,587
5.94%, 02/12/2029		11,550,000		2,619,386

				5,012,973

Republic of Korea - 0.2%
Industrial Bank of Korea
1.04%, 06/22/2025^(B)		$ 1,206,000		1,118,553
Korea Development Bank
0.50%, 10/27/2023		313,000		302,593

				1,421,146

Supranational - 0.2%
African Development Bank
0.75%, 04/03/2023		895,000		881,160
Asian Infrastructure Investment Bank
0.50%, 10/30/2024		396,000		373,652


Transamerica Funds			Page 9

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)


	Principal			Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Supranational (continued)
European Bank for Reconstruction & Development
1.50%, 02/13/2025		$ 420,000			$ 405,264
International Bank for Reconstruction & Development
3.13%, 11/20/2025		329,000			331,089

					1,991,165

Total Foreign Government Obligations (Cost $31,069,062)					27,440,094


LOAN ASSIGNMENTS - 8.2%
Aerospace & Defense - 0.2%
Castlelake Aviation Ltd.
Term Loan B,
3-Month LIBOR + 2.75%, 4.58%^(A), 10/22/2026		224,424			219,280
Cobham Ultra SeniorCo SARL
Term Loan B,
TBD, 11/17/2028^{(G) (I)}		260,753			251,301
Dynasty Acquisition Co., Inc.
Term Loan B1,
1-Month LIBOR + 3.50%, 5.87%^(A), 04/06/2026		350,257			330,337
Term Loan B2,
1-Month LIBOR + 3.50%, 5.87%^(A), 04/06/2026		187,892			177,206
Spirit Aerosystems, Inc.
Term Loan B,
1-Month LIBOR + 3.75%, 6.12%^(A), 01/15/2025		362,627			355,375

					1,333,499

Air Freight & Logistics - 0.0%^(F)
Kenan Advantage Group, Inc.
Term Loan B1,
1-Month LIBOR + 3.75%, 6.12%^(A), 03/24/2026		328,975			307,180

Airlines - 0.3%
AAdvantage Loyalty IP Ltd.
Term Loan,
3-Month LIBOR + 4.75%, 7.46%^(A), 04/20/2028		255,050			249,870
Air Canada
Term Loan B,
3-Month LIBOR + 3.50%, 4.25%^(A), 08/11/2028		221,690			212,822
American Airlines, Inc.			��
Term Loan B,
3-Month LIBOR + 1.75%, 4.05%^(A), 06/27/2025		410,136			375,069
Kestrel Bidco, Inc.
Term Loan B,
3-Month LIBOR + 3.00%, 5.03%^(A), 12/11/2026		441,624			387,367
Mileage Plus Holdings LLC
Term Loan B,
3-Month LIBOR + 5.25%, 7.31%^(A), 06/21/2027		400,000			402,857
United Airlines, Inc.
Term Loan B,
1-Month LIBOR + 3.75%, 6.53%^(A), 04/21/2028		312,118			301,097

					1,929,082


	Principal		Value
LOAN ASSIGNMENTS (continued)
Auto Components - 0.1%
DexKo Global, Inc.
Term Loan B,
3-Month LIBOR + 3.75%, 5.98%^(A), 10/04/2028		$ 218,585		$ 196,945
Les Schwab Tire Centers
Term Loan B,
3-Month LIBOR + 3.25%, 4.00%^(A), 11/02/2027		329,802		317,435
Mavis Tire Express Services Corp.
Term Loan B,
1-Month SOFR + 4.00%, 6.25%^(A), 05/04/2028		396,271		378,835

				893,215

Beverages - 0.0%^(F)
Sunshine Investments BV
Term Loan,
TBD, 04/21/2029^{(G) (I)}		179,896		171,576

Biotechnology - 0.0%^(F)
Curium BidCo SARL
Term Loan,
3-Month LIBOR + 4.00%, 6.25%^(A), 12/02/2027		247,752		238,461

Building Products - 0.2%
CD&R Hydra Buyer, Inc.
Term Loan,
1-Month LIBOR + 4.25%, 6.62%^(A), 12/11/2024		458,640		433,606
Icebox Holdco III, Inc.
1st Lien Term Loan,
3-Month LIBOR + 3.75%, 6.00%^(A), 12/22/2028		178,550		166,275
LBM Acquisition LLC
Term Loan B,
1-Week LIBOR + 3.75%, 7.12%^(A), 12/17/2027		225,848		193,759
Quikrete Holdings, Inc.
1st Lien Term Loan,
1-Month LIBOR + 2.63%, 5.00%^(A), 02/01/2027		233,117		219,859
Term Loan B1,
1-Month LIBOR + 3.00%, 5.37%^(A), 06/11/2028		113,189		107,408
Specialty Building Products Holdings LLC
Term Loan B,
1-Month LIBOR + 3.75%, 5.91%^(A), 10/15/2028		284,946		258,019

				1,378,926

Capital Markets - 0.3%
Advisor Group, Inc.
Term Loan,
1-Month LIBOR + 4.50%, 6.87%^(A), 07/31/2026		470,994		453,225
Camelot US Acquisition LLC
Term Loan B,
1-Month LIBOR + 3.00%, 5.37%^(A), 10/30/2026		299,395		291,535
Deerfield Dakota Holding LLC
Term Loan B,
1-Month SOFR + 3.75%, 6.08%^(A), 04/09/2027		380,807		367,241


Transamerica Funds			Page 10

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)


	Principal		Value
LOAN ASSIGNMENTS (continued)
Capital Markets (continued)
HighTower Holdings LLC
Term Loan B,
3-Month LIBOR + 4.00%, 6.73%^(A), 04/21/2028		$ 292,691		$ 276,044
NEXUS Buyer LLC
Term Loan B,
1-Month LIBOR + 3.75%, 6.12%^(A), 11/09/2026		432,440		416,224
PAI Holdco, Inc.
Term Loan B,
3-Month LIBOR + 3.75%, 6.56%^(A), 10/28/2027		237,669		224,448

				2,028,717

Chemicals - 0.3%
ASP Unifrax Holdings, Inc.
Term Loan B,
3-Month LIBOR + 3.75%, 6.00%^(A), 12/12/2025		251,554		225,141
Natgasoline LLC
Term Loan B,
1-Month LIBOR + 3.50%, 5.88%^(A), 11/14/2025		285,842		274,408
New Arclin US Holding Corp.
Term Loan,
1-Month LIBOR + 3.75%, 6.12%^(A), 09/30/2028		133,951		124,826
Olympus Water US Holding Corp.
Term Loan,
3-Month SOFR + 4.50%, 6.65%^(A), 11/09/2028		45,754		44,248
Term Loan B,
3-Month LIBOR + 3.75%, 6.06%^(A), 11/09/2028		186,179		175,881
Polar US Borrower LLC
1st Lien Term Loan,
1-Month LIBOR + 4.75%, 3-Month LIBOR + 4.75%, 7.21%^(A), 10/15/2025		300,000		281,000
RelaDyne, Inc.
Term Loan B,
1-Month SOFR + 4.25%, 6.58%^(A), 12/22/2028		158,993		153,825
Starfruit Finco BV
Term Loan B,
3-Month LIBOR + 3.00%, 5.25%^(A), 10/01/2025		277,936		268,903
Trinseo Materials Operating SCA
Term Loan B2,
1-Month LIBOR + 2.50%, 4.87%^(A), 05/03/2028		281,736		264,949

				1,813,181

Commercial Services & Supplies - 0.6%
Amentum Government Services Holdings LLC
Term Loan,
3-Month SOFR + 4.00%, 4.78% - 5.60%^(A), 02/15/2029		221,171		212,417
APX Group, Inc.
Term Loan B,
1-Month LIBOR + 3.50%, Prime Rate + 2.50%, 5.66% - 8.00%^(A), 07/10/2028 ^(G)		371,642		348,763


	Principal		Value
LOAN ASSIGNMENTS (continued)
Commercial Services & Supplies (continued)
Asurion LLC
2nd Lien Term Loan B4,
1-Month LIBOR + 5.25%, 7.62%^(A), 01/20/2029		$ 225,548		$ 192,392
Term Loan B8,
1-Month LIBOR + 3.25%, 5.62%^(A), 12/23/2026		196,536		184,252
Term Loan B9,
1-Month LIBOR + 3.25%, 5.62%^(A), 07/31/2027		329,992		309,037
Cast & Crew Payroll LLC
1st Lien Term Loan,
1-Month LIBOR + 3.50%, 5.87%^(A), 02/09/2026		310,715		301,005
Term Loan,
1-Month SOFR + 3.75%, 6.08%^(A), 12/29/2028		71,404		69,217
Colibri Group LLC
Term Loan,
3-Month SOFR + 5.00%, 6-Month SOFR + 5.00%, 5.95% - 7.34%^(A), 03/12/2029		170,711		160,255
Creative Artists Agency LLC
Term Loan B,
1-Month LIBOR + 3.75%, 6.12%^(A), 11/27/2026 ^(G)		395,837		386,849
Element Materials Technology Group US Holdings, Inc.
Delayed Draw Term Loan,
TBD, 06/22/2029^(I)		40,347		38,682
Term Loan,
TBD, 06/22/2029^{(G) (I)}		87,418		83,812
Ensemble RCM LLC
Term Loan,
3-Month LIBOR + 3.75%, 6.56%^(A), 08/03/2026		215,385		210,000
Garda World Security Corp.
Term Loan B,
1-Month LIBOR + 4.25%, 6.47%^(A), 10/30/2026		334,191		315,810
GFL Environmental, Inc.
Term Loan,
3-Month LIBOR + 3.00%, 5.81%^(A), 05/30/2025		235,244		232,892
IBC Capital Ltd.
1st Lien Term Loan,
3-Month LIBOR + 3.75%, 5.78%^(A), 09/11/2023		618,540		553,593
Prime Security Services Borrower LLC
Term Loan,
3-Month LIBOR + 2.75%, 4.46%^(A), 09/23/2026		470,346		456,404
SITEL Worldwide Corp.
Term Loan,
1-Month LIBOR + 3.75%, 6.01%^(A), 08/28/2028		281,429		273,690
Sotheby’s
Term Loan B,
3-Month LIBOR + 4.50%, 7.01%^(A), 01/15/2027		305,913		293,677

				4,622,747


Transamerica Funds			Page 11

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)


	Principal		Value
LOAN ASSIGNMENTS (continued)
Communications Equipment - 0.0%^(F)
ViaSat, Inc.
Term Loan,
1-Month SOFR + 4.50%, 6.94%^(A), 03/02/2029		$ 351,850		$ 326,341

Construction & Engineering - 0.2%
Brown Group Holding LLC
Term Loan B2,
1-Month SOFR + 3.75%, 6.08%^(A), 07/02/2029		146,498		143,430
Osmose Utilities Services, Inc.
Term Loan,
1-Month LIBOR + 3.25%, 5.62%^(A), 06/23/2028		296,347		275,010
Service Logic Acquisition, Inc.
Term Loan,
1-Month LIBOR + 4.00%, 3-Month LIBOR + 4.00%, 6.37% - 6.81%^(A), 10/29/2027		239,615		229,132
USIC Holdings, Inc.
2nd Lien Term Loan,
1-Month LIBOR + 6.50%, 8.87%^(A), 05/14/2029		128,309		116,119
Term Loan,
1-Month LIBOR + 3.50%, 5.87%^(A), 05/12/2028		154,454		145,187
VM Consolidated, Inc.
Term Loan B,
3-Month LIBOR + 3.25%, 6-Month LIBOR + 3.25%, 5.50% - 6.13%^(A), 03/24/2028		332,966		326,099

				1,234,977

Construction Materials - 0.1%
Foley Products Co. LLC
Term Loan,
3-Month SOFR + 4.75%, 6.95%^(A), 12/29/2028		386,363		363,181
Potters Industries LLC
Term Loan B,
3-Month LIBOR + 4.00%, 6.25%^(A), 12/14/2027		212,168		202,356

				565,537

Containers & Packaging - 0.3%
Berlin Packaging LLC
Term Loan B4,
1-Month LIBOR + 3.25%, 3-Month LIBOR + 3.25%, 4.97% - 5.51%^(A), 03/11/2028		104,535		97,819
Term Loan B5,
1-Month LIBOR + 3.75%, 3-Month LIBOR + 3.75%, 5.47% - 6.01%^(A), 03/11/2028		237,845		226,399
BWAY Holding Co.
Term Loan B,
3-Month LIBOR + 3.25%, 5.04%^(A), 04/03/2024		309,535		296,380
Charter NEX US, Inc.
Term Loan,
3-Month LIBOR + 3.75%, 6.56%^(A), 12/01/2027		258,391		247,732


	Principal		Value
LOAN ASSIGNMENTS (continued)
Containers & Packaging (continued)
Clydesdale Acquisition Holdings, Inc.
Term Loan B,
1-Month SOFR + 4.18%, 6.60%^(A), 04/13/2029		$ 227,561		$ 217,977
LABL, Inc.
1st Lien Term Loan,
1-Month LIBOR + 5.00%, 7.37%^(A), 10/29/2028		282,364		267,893
Packaging Coordinators Midco, Inc.
1st Lien Term Loan,
3-Month LIBOR + 3.75%, 6.00%^(A), 11/30/2027		223,396		214,786
Reynolds Group Holdings, Inc.
Term Loan B,
1-Month LIBOR + 3.50%, 5.87%^(A), 09/24/2028		310,976		300,286
TricorBraun Holdings, Inc.
Term Loan,
1-Month LIBOR + 3.25%, 5.62%^(A), 03/03/2028		341,628		323,692
Trident TPI Holdings, Inc.
Delayed Draw Term Loan,
3-Month LIBOR + 4.00%, 4.00% - 6.25%^(A), 09/15/2028		18,017		17,071
Term Loan,
3-Month LIBOR + 4.00%, 6.25%^(A), 09/15/2028		202,074		191,465
Term Loan B1,
3-Month LIBOR + 3.25%, 5.50%^(A), 10/17/2024		140,612		136,067

				2,537,567

Diversified Consumer Services - 0.1%
William Morris Endeavor Entertainment LLC
1st Lien Term Loan,
1-Month LIBOR + 2.75%, 5.13%^(A), 05/18/2025		635,023		608,563

Diversified Financial Services - 0.1%
Claros Mortgage Trust, Inc.
Term Loan B,
1-Month SOFR + 4.50%, 6.33%^(A), 08/09/2026		354,644		344,891

Diversified Telecommunication Services - 0.2%
Cablevision Lightpath LLC
Term Loan B,
1-Month LIBOR + 3.25%, 5.25%^(A), 11/30/2027 ^(G)		142,332		136,817
Intelsat Jackson Holdings SA
Term Loan B3,
Prime Rate + 4.75%, 10.25%^(A), 11/27/2023		3,245		3,067
Iridium Satellite LLC
Term Loan B2,
1-Month LIBOR + 2.50%, 4.87%^(A), 11/04/2026		334,800		331,117
Telesat Canada
Term Loan B5,
2-Month LIBOR + 2.75%, 5.34%^(A), 12/07/2026		419,666		286,572


Transamerica Funds			Page 12

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)


	Principal		Value
LOAN ASSIGNMENTS (continued)
Diversified Telecommunication Services (continued)
Virgin Media Bristol LLC
Term Loan Q,
1-Month LIBOR + 3.25%, 5.25%^(A), 01/31/2029		$ 342,000		$ 336,941
Zayo Group Holdings, Inc.
Term Loan,
1-Month LIBOR + 3.00%, 5.37%^(A), 03/09/2027		225,636		207,952

				1,302,466

Electrical Equipment - 0.1%
EXC Holdings III Corp.
1st Lien Term Loan,
3-Month LIBOR + 3.50%, 5.75%^(A), 12/02/2024		275,851		270,334
2nd Lien Term Loan,
3-Month LIBOR + 7.50%, 9.79%^(A), 12/01/2025		181,000		172,764
Gates Global LLC
Term Loan B3,
1-Month LIBOR + 2.50%, 4.87%^(A), 03/31/2027		209,340		201,333

				644,431

Electronic Equipment, Instruments & Components - 0.1%
II-VI, Inc.
Term Loan B,
3-Month LIBOR + 2.75%, 4.46%^(A), 07/02/2029		209,915		203,793
Ingram Micro, Inc.
Term Loan B,
3-Month LIBOR + 3.50%, 5.75%^(A), 06/30/2028		152,923		149,865
Verifone Systems, Inc.
1st Lien Term Loan,
3-Month LIBOR + 4.00%, 5.52%^(A), 08/20/2025		425,093		388,960

				742,618

Entertainment - 0.1%
AMC Entertainment Holdings, Inc.
Term Loan B,
1-Month LIBOR + 3.00%, 4.87%^(A), 04/22/2026		621,787		534,736

Food Products - 0.0%^(F)
Nomad Foods Europe Midco Ltd.
Term Loan B4,
3-Month LIBOR + 2.25%, 3.66%^(A), 05/15/2024		294,849		287,036

Health Care Equipment & Supplies - 0.1%
Medline Borrower LP
Term Loan B,
1-Month LIBOR + 3.25%, 5.62%^(A), 10/23/2028 ^(G)		669,834		638,761

Health Care Providers & Services - 0.3%
Bella Holding Co. LLC
Term Loan B,
1-Month LIBOR + 3.75%, 6.12%^(A), 05/10/2028		209,056		199,126
Cano Health LLC
Term Loan,
1-Month SOFR + 4.00%, 6.43%^(A), 11/23/2027		269,164		252,678


	Principal		Value
LOAN ASSIGNMENTS (continued)
Health Care Providers & Services (continued)
CHG Healthcare Services, Inc.
Term Loan,
3-Month LIBOR + 3.25%, 4.75%^(A), 09/29/2028		$ 191,215		$ 185,279
Gainwell Acquisition Corp.
Term Loan B,
3-Month LIBOR + 4.00%, 6.25%^(A), 10/01/2027		362,296		348,710
ICON Luxembourg SARL
Term Loan,
3-Month LIBOR + 2.25%, 4.56%^(A), 07/03/2028		180,921		177,303
Option Care Health, Inc.
Term Loan B,
1-Month LIBOR + 2.75%, 5.12%^(A), 10/27/2028		159,909		156,261
PRA Health Sciences, Inc.
Term Loan,
3-Month LIBOR + 2.25%, 4.56%^(A), 07/03/2028		45,077		44,175
Quantum Health, Inc.
Term Loan,
1-Month LIBOR + 4.50%, 3-Month LIBOR + 4.50%, 6.75% - 6.87%^(A), 12/22/2027		312,624		295,430
Radnet Management, Inc.
Term Loan,
3-Month LIBOR + 3.00%, 5.30%^(A), 04/21/2028^(G)		182,123		176,431
RegionalCare Hospital Partners Holdings, Inc.
Term Loan B,
1-Month LIBOR + 3.75%, 6.12%^(A), 11/16/2025		428,898		404,147

				2,239,540

Health Care Technology - 0.2%
Athenahealth, Inc.
Term Loan B,
1-Month SOFR + 3.50%, 5.65%^(A), 02/15/2029		408,260		388,255
Change Healthcare Holdings LLC
Term Loan B,
1-Month LIBOR + 2.50%, 4.87%^(A), 03/01/2024		381,320		376,394
Navicure, Inc.
Term Loan B,
1-Month LIBOR + 4.00%, 6.37%^(A), 10/22/2026		348,547		338,091

				1,102,740

Hotels, Restaurants & Leisure - 1.0%
Aimbridge Acquisition Co., Inc.
Term Loan B,
1-Month LIBOR + 3.75%, 6.12%^(A), 02/02/2026		443,859		383,938
Carnival Corp.
Term Loan B,
6-Month LIBOR + 3.00%, 5.88%^(A), 06/30/2025		140,282		133,338
6-Month LIBOR + 3.25%, 6.13%^(A), 10/18/2028		202,969		187,577
Connect Finco SARL
Term Loan B,
1-Month LIBOR + 3.50%, 5.88%^(A), 12/11/2026		329,238		316,377


Transamerica Funds			Page 13

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)


	Principal		Value
LOAN ASSIGNMENTS (continued)
Hotels, Restaurants & Leisure (continued)
Dave & Buster’s, Inc.
Term Loan B,
1-Month SOFR + 5.00%, 7.43%^(A), 06/29/2029		$ 444,664		$ 434,474
Everi Holdings, Inc.
Term Loan B,
1-Month LIBOR + 2.50%, 4.75%^(A), 08/03/2028		217,368		212,151
Fertitta Entertainment LLC
Term Loan B,
1-Month SOFR + 4.00%, 6.33%^(A), 01/27/2029		232,809		221,750
Fogo De Chao, Inc.
Term Loan,
1-Month LIBOR + 4.25%, 6.62%^(A), 04/07/2025		305,000		289,750
Herschend Entertainment Co. LLC
Term Loan,
1-Month LIBOR + 3.75%, 6.13%^(A), 08/27/2028		177,960		174,179
Hilton Grand Vacations Borrower LLC
Term Loan B,
1-Month LIBOR + 3.00%, 5.37%^(A), 08/02/2028		305,442		299,143
Hornblower Sub LLC
Repriced Term Loan B,
3-Month LIBOR + 4.50%, 7.38%^(A), 04/27/2025		566,123		570,369
IRB Holding Corp.
Term Loan B,
1-Month SOFR + 3.15%, 4.87%^(A), 12/15/2027		125,907		120,241
1-Month LIBOR + 2.75%, 5.12%^(A), 02/05/2025		308,304		300,266
Motion Finco SARL
Delayed Draw Term Loan B2,
3-Month LIBOR + 3.25%, 5.50%^(A), 11/12/2026		22,377		20,568
Term Loan B1,
3-Month LIBOR + 3.25%, 5.50%^(A), 11/12/2026		184,237		169,345
NEP / NCP Holdco, Inc.
1st Lien Term Loan,
1-Month LIBOR + 3.25%, 5.62%^(A), 10/20/2025		479,793		450,706
PCI Gaming Authority
Term Loan,
1-Month LIBOR + 2.50%, 4.87%^(A), 05/29/2026		170,118		164,873
Penn National Gaming, Inc.
Term Loan B,
1-Month SOFR + 2.75%, 5.18%^(A), 05/03/2029		123,153		120,170
PF Chang’s China Bistro, Inc.
Term Loan B,
3-Month LIBOR + 6.25%, 7.82%^(A), 03/01/2026		324,264		287,379
Playa Resorts Holding BV
Term Loan B,
1-Month LIBOR + 2.75%, 5.12%^(A), 04/29/2024		470,660		452,086
Scientific Games Holdings LP
Term Loan B,
3-Month SOFR + 3.50%, 5.62%^(A), 04/04/2029		222,260		212,073


	Principal		Value
LOAN ASSIGNMENTS (continued)
Hotels, Restaurants & Leisure (continued)
Scientific Games International, Inc.
Term Loan,
1-Month SOFR + 3.00%, 5.04%^(A), 04/14/2029		$ 177,189		$ 173,203
SeaWorld Parks & Entertainment, Inc.
Term Loan B,
1-Month LIBOR + 3.00%, 5.38%^(A), 08/25/2028		414,614		394,506
Travelport Finance SARL
Term Loan,
3-Month LIBOR + 5.00%, PIK Rate 1.75%, Cash Rate 0.00%, 1.75% - 7.25%^(A), 05/29/2026^(H)		850,498		653,182
Twin River Worldwide Holdings, Inc.
Term Loan B,
1-Month LIBOR + 3.25%, 5.05%^(A), 10/02/2028		341,143		323,318
Whatabrands LLC
Term Loan B,
1-Month LIBOR + 3.25%, 5.62%^(A), 08/03/2028		240,408		228,838

				7,293,800

Household Products - 0.0%^(F)
Diamond BV
Term Loan B,
1-Month LIBOR + 2.75%, 3-Month LIBOR + 2.75%, 5.12% - 5.56%^(A), 09/29/2028		273,755		260,957

Insurance - 0.3%
Alliant Holdings Intermediate LLC
Term Loan B,
1-Month LIBOR + 3.25%, 5.62%^(A), 05/09/2025		411,682		397,530
Term Loan B4,
1-Month LIBOR + 3.50%, 5.66%^(A), 11/06/2027		72,815		70,202
AmWINS Group, Inc.
Term Loan B,
1-Month LIBOR + 2.25%, 4.62%^(A), 02/19/2028		307,784		297,781
Broadstreet Partners, Inc.
Term Loan B2,
1-Month LIBOR + 3.25%, 5.62%^(A), 01/27/2027 ^(G)		288,878		275,638
Hub International Ltd.
Term Loan B,
3-Month LIBOR + 3.25%, 5.78% - 5.98%^(A), 04/25/2025 ^(G)		465,949		455,095
Hyperion Insurance Group Ltd.
Term Loan B,
1-Month LIBOR + 3.25%, 5.63%^(A), 11/12/2027		376,020		360,979
Sedgwick Claims Management Services, Inc.
Term Loan B,
1-Month LIBOR + 3.25%, 5.62%^(A), 12/31/2025		476,539		461,250

				2,318,475


Transamerica Funds			Page 14

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)


	Principal		Value
LOAN ASSIGNMENTS (continued)
Internet & Catalog Retail - 0.1%
CNT Holdings I Corp.
2nd Lien Term Loan,
1-Month LIBOR + 6.75%, 8.57%^(A), 11/06/2028		$ 205,369		$ 195,871
Term Loan,
1-Month LIBOR + 3.50%, 5.37%^(A), 11/08/2027		207,467		200,428

				396,299

IT Services - 0.1%
Peraton Corp.
Term Loan B,
1-Month LIBOR + 3.75%, 6.12%^(A), 02/01/2028		402,956		390,532
Rackspace Technology Global, Inc.
Term Loan B,
3-Month LIBOR + 2.75%, 4.16%^(A), 02/15/2028		221,923		203,336
Tempo Acquisition LLC
Term Loan B,
1-Month SOFR + 3.00%, 5.33%^(A), 08/31/2028		185,459		181,441

				775,309

Life Sciences Tools & Services - 0.0%^(F)
Parexel International Corp.
1st Lien Term Loan,
1-Month LIBOR + 3.25%, 4.92%^(A), 11/15/2028		252,682		245,778

Machinery - 0.2%
Circor International, Inc.
Term Loan B,
1-Month LIBOR + 5.50%, 7.76%^(A), 12/20/2028		301,716		271,545
Engineered Machinery Holdings, Inc.
Term Loan,
3-Month LIBOR + 3.75%, 6.00%^(A), 05/19/2028		220,622		209,811
Filtration Group Corp.
Term Loan,
1-Month LIBOR + 3.50%, 5.87%^(A), 10/21/2028		190,494		183,053
Hayward Industries, Inc.
Term Loan,
1-Month LIBOR + 2.50%, 4.87%^(A), 05/30/2028		358,894		342,744
OEConnection LLC
Term Loan B,
1-Month LIBOR + 4.00%, 6.16% - 6.37%^(A), 09/25/2026		375,768		356,510
Patriot Container Corp.
1st Lien Term Loan,
1-Month LIBOR + 3.75%, 6.12%^(A), 03/20/2025		402,908		334,414

				1,698,077

Media - 0.5%
CMG Media Corp.
Term Loan,
1-Month LIBOR + 3.50%, 5.87%^(A), 12/17/2026		412,068		386,520
Cogeco Financing 2 LP
Term Loan B,
1-Month LIBOR + 2.50%, 4.87%^(A), 09/01/2028		249,417		238,906


	Principal		Value
LOAN ASSIGNMENTS (continued)
Media (continued)
CSC Holdings LLC
Term Loan B5,
1-Month LIBOR + 2.50%, 4.50%^(A), 04/15/2027		$ 486,214		$ 462,967
Dotdash Meredith, Inc.
Term Loan B,
1-Month SOFR + 4.00%, 5.70%^(A), 12/01/2028		312,336		281,883
EW Scripps Co.
Term Loan B3,
1-Month LIBOR + 2.75%, 5.12%^(A), 01/07/2028		350,739		341,605
Gray Television, Inc.
Term Loan C,
1-Month LIBOR + 2.50%, 4.21%^(A), 01/02/2026		148,843		144,781
Term Loan D,
1-Month LIBOR + 3.00%, 4.71%^(A), 12/01/2028		116,424		113,746
Rentpath, Inc.
2nd Lien Term Loan,
TBD, 05/03/2028^{(I) (J) (K) (L)}		594,723		2,974
Sinclair Television Group, Inc.
Term Loan B4,
1-Month SOFR + 3.75%^(A), 04/21/2029^(I)		250,000		233,125
United Talent Agency LLC
Term Loan B,
3-Month LIBOR + 4.00%, 6.20%^(A), 07/07/2028		373,585		360,509
Univision Communications, Inc.
1st Lien Term Loan B,
1-Month LIBOR + 3.25%, 5.62%^(A), 03/15/2026		394,714		384,550
3-Month SOFR + 4.25%, 6.25%^(A), 06/08/2029		15,496		14,941
Term Loan B,
1-Month LIBOR + 3.25%, 5.62%^(A), 01/31/2029		85,260		81,405
Ziggo Financing Partnership
Term Loan I,
1-Month LIBOR + 2.50%, 4.50%^(A), 04/30/2028		292,305		283,779

				3,331,691

Metals & Mining - 0.1%
US Silica Co.
Term Loan B,
1-Month LIBOR + 4.00%, 6.38%^(A), 05/01/2025 ^(G)		519,168		500,997
WP CPP Holdings LLC
Term Loan,
1-Month LIBOR + 3.75%, 3-Month LIBOR + 3.75%, 6.13% - 6.56%^(A), 04/30/2025		413,552		354,103

				855,100

Mortgage Real Estate Investment Trusts - 0.0%^(F)
Apollo Commercial Real Estate Finance, Inc.
Term Loan B1,
1-Month LIBOR + 3.50%, 5.76%^(A), 03/11/2028		283,910		262,617


Transamerica Funds			Page 15

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)


	Principal		Value
LOAN ASSIGNMENTS (continued)
Oil, Gas & Consumable Fuels - 0.3%
Buckeye Partners LP
Term Loan B,
1-Month LIBOR + 2.25%, 3.92%^(A), 11/01/2026		$ 298,519		$ 292,761
Centurion Pipeline Co. LLC
Term Loan B,
1-Month LIBOR + 3.25%, 5.62%^(A), 09/29/2025		289,016		282,152
CQP Holdco LP
Term Loan B,
3-Month LIBOR + 3.75%, 6.00%^(A), 06/05/2028		370,049		358,948
EG America LLC
Term Loan,
3-Month LIBOR + 4.00%, 6.25%^(A), 02/07/2025		495,681		468,935
Medallion Midland Acquisition LLC
Term Loan,
1-Month LIBOR + 3.75%, 6.12%^(A), 10/18/2028		311,044		301,454
Oryx Midstream Services Permian Basin LLC
Term Loan B,
3-Month LIBOR + 3.25%, 4.71%^(A), 10/05/2028		224,148		217,937
TransMontaigne Operating Co. LP
Term Loan B,
1-Month LIBOR + 3.50%, 5.66%^(A), 11/17/2028 ^(G)		312,086		300,123

				2,222,310

Paper & Forest Products - 0.1%
Vertical US Newco, Inc.
Term Loan B,
6-Month LIBOR + 3.50%, 6.87%^(A), 07/30/2027 ^(G)		388,014		373,868

Personal Products - 0.1%
Coty, Inc.
Term Loan B,
1-Month LIBOR + 2.25%, 4.06%^(A), 04/07/2025		354,494		341,533
Sunshine Luxembourg VII SARL
Term Loan B3,
3-Month LIBOR + 3.75%, 6.00%^(A), 10/01/2026		448,864		427,473

				769,006

Pharmaceuticals - 0.0%^(F)
Organon & Co.
Term Loan,
3-Month LIBOR + 3.00%, 4.63%^(A), 06/02/2028		221,755		217,690

Professional Services - 0.0%^(F)
Verscend Holding Corp.
Term Loan B,
TBD, 08/27/2025 ^{(G) (I)}		325,000		316,198


	Principal		Value
LOAN ASSIGNMENTS (continued)
Real Estate Management & Development - 0.1%
Brookfield WEC Holdings, Inc.
Term Loan,
1-Month LIBOR + 2.75%, 5.12%^(A), 08/01/2025		$ 309,691		$ 298,379
1-Month SOFR + 3.75%, 6.04%^(A), 08/01/2025		59,399		57,580
Cushman & Wakefield US Borrower LLC
Term Loan B,
1-Month LIBOR + 2.75%, 5.12%^(A), 08/21/2025		301,965		291,837

				647,796

Road & Rail - 0.0%^(F)
Hertz Corp.
Term Loan B,
1-Month LIBOR + 3.25%, 5.63%^(A), 06/30/2028		197,189		188,993
Term Loan C,
1-Month LIBOR + 3.25%, 5.63%^(A), 06/30/2028		37,538		35,978

				224,971

Semiconductors & Semiconductor Equipment - 0.0%^(F)
Altar Bidco, Inc.
2nd Lien Term Loan,
6-Month SOFR + 5.60%, 7.35%^(A), 02/01/2030		22,132		19,992
Term Loan,
6-Month SOFR + 3.35%, 12-Month SOFR + 3.35%, 5.20% - 5.75%^(A), 02/01/2029^(G)		162,810		154,466

				174,458

Software - 0.9%
Applied Systems, Inc.
1st Lien Term Loan,
2-Month LIBOR + 3.00%, 5.25%^(A), 09/19/2024		380,698		373,491
2nd Lien Term Loan,
3-Month LIBOR + 5.50%, 7.75%^(A), 09/19/2025		173,849		169,068
Barracuda Networks, Inc.Barracuda Networks, Inc.
Term Loan,
TBD, 05/17/2029^{(G) (I)}		209,494		201,813
CDK Global, Inc.
Term Loan B,
3-Month SOFR + 4.50%, 6.61%^(A), 07/06/2029 ^(G)		427,809		414,916
Comet Acquisition, Inc.
Term Loan,
1-Month LIBOR + 3.25%, 5.62%^(A), 10/24/2025		407,146		388,824
Corel Corp.
Term Loan,
3-Month LIBOR + 5.00%, 6.57%^(A), 07/02/2026		420,574		402,350
CPC Acquisition Corp.
2nd Lien Term Loan,
3-Month LIBOR + 7.75%, 10.00%^(A), 12/29/2028		66,316		58,026
Term Loan,
3-Month LIBOR + 3.75%, 6.00%^(A), 12/29/2027		186,677		161,476


Transamerica Funds			Page 16

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)


	Principal		Value
LOAN ASSIGNMENTS (continued)
Software (continued)
DCert Buyer, Inc.
2nd Lien Term Loan,
1-Month LIBOR + 7.00%, 9.37%^(A), 02/19/2029		$ 101,488		$ 94,384
Term Loan B,
1-Month LIBOR + 4.00%, 6.37%^(A), 10/16/2026		401,994		388,678
Epicor Software Corp.
2nd Lien Term Loan,
1-Month LIBOR + 7.75%, 10.12%^(A), 07/31/2028		109,907		108,038
Term Loan,
1-Month LIBOR + 3.25%, 5.62%^(A), 07/30/2027		441,945		420,216
Greeneden US Holdings II LLC
Term Loan B4,
1-Month LIBOR + 4.00%, 6.37%^(A), 12/01/2027		324,177		315,938
Helios Software Holdings, Inc.
Term Loan B,
3-Month LIBOR + 3.75%, 5.95%^(A), 03/11/2028		238,070		224,579
ION Trading Finance Ltd.
Term Loan,
3-Month LIBOR + 4.75%, 7.00%^(A), 04/03/2028		313,406		297,109
McAfee LLC
Term Loan B,
1-Week SOFR + 4.00%, 5.70%^(A), 03/01/2029		442,298		421,104
MedAssets Software Intermediate Holdings, Inc.
2nd Lien Term Loan,
1-Month LIBOR + 6.75%, 9.12%^(A), 12/17/2029^(G)		111,064		98,847
Term Loan,
1-Month LIBOR + 4.00%, 6.37%^(A), 12/18/2028		202,785		195,180
Mitnick Corporate Purchaser, Inc.
Term Loan,
3-Month SOFR + 4.75%, 5.92%^(A), 05/02/2029		103,013		99,665
NCR Corp.
Term Loan,
3-Month LIBOR + 2.50%, 5.31%^(A), 08/28/2026		297,866		290,171
Project Boost Purchaser LLC
Term Loan B,
1-Month LIBOR + 3.50%, 5.87%^(A), 06/01/2026		320,361		303,876
Proofpoint, Inc.
1st Lien Term Loan,
3-Month LIBOR + 3.25%, 4.82%^(A), 08/31/2028		217,542		208,685
RealPage, Inc.
1st Lien Term Loan,
1-Month LIBOR + 3.00%, 5.37%^(A), 04/24/2028		238,750		229,349
Sophia LP
Term Loan B,
1-Month SOFR + 4.25%, 6.33%^(A), 10/07/2027		440,268		425,959
Ultimate Software Group, Inc.
2nd Lien Term Loan,
3-Month LIBOR + 5.25%, 7.54%^(A), 05/03/2027		63,678		61,051
Term Loan,
3-Month LIBOR + 3.25%, 5.54%^(A), 05/04/2026		78,532		75,996


	Principal		Value
LOAN ASSIGNMENTS (continued)
Software (continued)
Ultimate Software Group, Inc. (continued)
Term Loan B,
1-Month LIBOR + 3.75%, 6.12%^(A), 05/04/2026		$ 264,854		$ 257,202
VS Buyer LLC
Term Loan B,
1-Month LIBOR + 3.00%, 5.37%^(A), 02/28/2027		208,913		202,646

				6,888,637

Specialty Retail - 0.2%
Belron Finance US LLC
Term Loan B,
3-Month LIBOR + 2.50%, 3.88%^(A), 04/13/2028		61,457		59,895
Term Loan B3,
3-Month LIBOR + 2.25%, 5.06%^(A), 10/30/2026		150,189		146,810
Franchise Group Intermediate Holdco LLC
1st Lien Term Loan B,
3-Month LIBOR + 4.75%, 6.50%^(A), 03/10/2026^(G)		352,810		328,113
Great Outdoors Group LLC
Term Loan B1,
1-Month LIBOR + 3.75%, 6.12%^(A), 03/06/2028		238,991		218,079
Rent-A-Center, Inc.
1st Lien Term Loan B,
3-Month LIBOR + 3.25%, 6.06%^(A), 02/17/2028		194,370		174,751
Restoration Hardware, Inc.
Term Loan B,
1-Month LIBOR + 2.50%, 4.87%^(A), 10/20/2028		188,366		169,687
Storable, Inc.
Term Loan B,
1-Month SOFR + 3.50%, 3-Month SOFR + 3.50%, 5.55% - 6.08%^(A), 04/17/2028		204,647		194,671

				1,292,006

Textiles, Apparel & Luxury Goods - 0.1%
Birkenstock GmbH & Co. KG
Term Loan B,
6-Month LIBOR + 3.25%, 5.10%^(A), 04/28/2028 ^(G)		338,165		315,338
Varsity Brands, Inc.
Term Loan B,
1-Month LIBOR + 3.50%, 5.87%^(A), 12/15/2024		370,377		350,315

				665,653

Trading Companies & Distributors - 0.0%^(F)
Pro Mach Group, Inc.
Term Loan B,
1-Month LIBOR + 4.00%, 6.37%^(A), 08/31/2028		182,723		176,937

Transportation Infrastructure - 0.0%^(F)
KKR Apple Bidco LLC
2nd Lien Term Loan,
1-Month LIBOR + 5.75%, 8.12%^(A), 09/21/2029		32,722		31,277


Transamerica Funds			Page 17

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)


	Principal		Value
LOAN ASSIGNMENTS (continued)
Transportation Infrastructure (continued)
KKR Apple Bidco LLC (continued)
Term Loan,
1-Month LIBOR + 2.75%, 5.12%^(A), 09/23/2028		$ 196,090		$ 188,982

				220,259

Wireless Telecommunication Services - 0.2%
Altice France SA
Term Loan B12,
3-Month LIBOR + 3.69%, 6.20%^(A), 01/31/2026		756,646		712,509
CCI Buyer, Inc.
Term Loan,
3-Month LIBOR + 4.00%, 6.25%^(A), 12/17/2027		392,012		370,288
Eagle Broadband Investments LLC
Term Loan,
3-Month LIBOR + 3.00%, 5.31%^(A), 11/12/2027		210,049		201,997

				1,284,794

Total Loan Assignments (Cost $63,289,122)				60,739,474


U.S. GOVERNMENT OBLIGATIONS - 35.0%
U.S. Treasury - 35.0%
U.S. Treasury Bond
1.75%, 08/15/2041		10,000,000		7,883,203
2.38%, 02/15/2042		9,700,000		8,520,844
3.25%, 05/15/2042		10,600,000		10,706,000
U.S. Treasury Note
0.13%, 12/31/2022		3,600,000		3,560,203
0.13%, 06/30/2023^(E)		25,000,000		24,360,352
0.25%, 05/15/2024 - 06/15/2024		51,000,000		48,582,461
1.38%, 06/30/2023 - 10/31/2028^(E)		25,222,000		24,846,396
1.38%, 11/15/2031		1,491,000		1,337,008
1.88%, 02/15/2032		44,000		41,161
2.00%, 04/30/2024 - 05/31/2024		50,000,000		49,193,359
2.25%, 03/31/2024 - 04/30/2024		30,000,000		29,652,344
2.50%, 04/30/2024^(E)		25,000,000		24,807,617
2.50%, 05/15/2024		25,000,000		24,812,500

Total U.S. Government Obligations (Cost $259,068,050)				258,303,448


	Shares		Value
COMMON STOCKS - 0.2%
Energy Equipment & Services - 0.2%
Hi-Crush, Inc.^{(J) (M) (N)}		3,934,542		1,495,126

Machinery - 0.0%
Ameriforge Group, Inc.^{(J) (M) (N) (O)}		2,679		0

Total Common Stocks (Cost $564,176)				1,495,126


PREFERRED STOCKS - 0.4%
Banks - 0.2%
Customers Bancorp, Inc.,
5.38%^(M)		79,110		1,862,249

Insurance - 0.1%
American Equity Investment Life Holding Co.,
Series A, Fixed until 12/01/2024, 5.95%^{(A) (E)}		15,829		385,278


	Shares		Value
PREFERRED STOCKS (continued)
Real Estate Management & Development - 0.1%
Brookfield Property Partners LP,
Series A-1, 6.50%		28,625		$ 643,204

Total Preferred Stocks (Cost $3,083,747)				2,890,731


SHORT-TERM INVESTMENT COMPANY - 11.3%
Money Market Fund - 11.3%
State Street Institutional U.S. Government Money Market Fund, 1.53%^(P)		83,453,072		83,453,072

Total Short-Term Investment Company (Cost $83,453,072)				83,453,072


OTHER INVESTMENT COMPANY - 5.6%
Securities Lending Collateral - 5.6%
State Street Navigator Securities Lending Trust - Government Money Market Portfolio, 2.27% ^(P)		41,603,439		41,603,439

Total Other Investment Company (Cost $41,603,439)				41,603,439

Total Investments (Cost $790,330,014)				755,402,839
Net Other Assets (Liabilities) - (2.2)%				(16,455,220	)

Net Assets - 100.0%				$ 738,947,619


Transamerica Funds			Page 18

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)

FUTURES CONTRACTS:

Short Futures Contracts


Description	Number of Contracts			Expiration Date		Notional Amount				Value				Unrealized Appreciation			Unrealized Depreciation
German Euro BOBL		(30	)		09/08/2022		$	(3,874,007	)		$	(3,920,685	)		$	—		$	(46,678	)
German Euro Bund		(50	)		09/08/2022			(7,879,371	)			(8,055,796	)			—			(176,425	)

Total Futures Contracts															$	—		$	(223,103	)

FORWARD FOREIGN CURRENCY CONTRACTS:


Counterparty	Settlement Date		Currency Purchased		Currency Sold		Unrealized Appreciation		Unrealized Depreciation
JPMS		09/22/2022	USD	48,355,955	EUR	45,850,000	$	1,318,607	$	—
JPMS		09/22/2022	EUR	14,500,000	USD	15,414,025		—		(538,527	)
JPMS		10/20/2022	USD	3,072,780	BRL	17,000,000		—		(140,072	)
JPMS		10/20/2022	USD	2,326,811	CLP	2,200,000,000		—		(79,928	)
JPMS		10/20/2022	USD	2,618,763	COP	11,470,000,000		—		(17,550	)
JPMS		10/20/2022	USD	3,378,100	MXN	70,300,000		—		(17,844	)
JPMS		10/20/2022	USD	3,266,389	PEN	12,800,000		35,521		—

Total							$	1,354,128	$	(793,921	)

INVESTMENT VALUATION:

Valuation Inputs ^(Q)


	Level 1 - Unadjusted Quoted Prices			Level 2 - Other Significant Observable Inputs			Level 3 - Significant Unobservable Inputs^(R)		Value
ASSETS
Investments
Asset-Backed Securities	$	—		$	80,425,278		$	—	$	80,425,278
Corporate Debt Securities		—			199,052,177			—		199,052,177
Foreign Government Obligations		—			27,440,094			—		27,440,094
Loan Assignments		—			60,739,474			—		60,739,474
U.S. Government Obligations		—			258,303,448			—		258,303,448
Common Stocks		—			—			1,495,126		1,495,126
Preferred Stocks		1,028,482			1,862,249			—		2,890,731
Short-Term Investment Company		83,453,072			—			—		83,453,072
Other Investment Company		41,603,439			—			—		41,603,439

Total Investments	$	126,084,993		$	627,822,720		$	1,495,126	$	755,402,839

Other Financial Instruments
Forward Foreign Currency Contracts ^(S)	$	—		$	1,354,128		$	—	$	1,354,128

Total Other Financial Instruments	$	—		$	1,354,128		$	—	$	1,354,128

LIABILITIES
Other Financial Instruments
Futures Contracts ^(S)	$	(223,103	)	$	—		$	—	$	(223,103	)
Forward Foreign Currency Contracts ^(S)		—			(793,921	)		—		(793,921	)

Total Other Financial Instruments	$	(223,103	)	$	(793,921	)	$	—	$	(1,017,024	)

FOOTNOTES TO SCHEDULE OF INVESTMENTS:


(A)		Floating or variable rate securities. The rates disclosed are as of July 31, 2022. 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, 2022, the total value of 144A securities is $137,845,422, representing 18.7% of the Fund’s net assets.
(C)		Perpetual maturity. The date displayed is the next call date.


Transamerica Funds			Page 19

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)

FOOTNOTES TO SCHEDULE OF INVESTMENTS (continued):


(D)		Securities are exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. Securities may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. At July 31, 2022, the total value of Regulation S securities is $49,937,766, representing 6.8% of the Fund’s net assets.
(E)		All or a portion of the securities are on loan. The total value of all securities on loan is $65,912,057, collateralized by cash collateral of $41,603,439 and non-cash collateral, such as U.S. government securities and irrevocable letters of credit, of $25,686,805. 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.
(F)		Percentage rounds to less than 0.1% or (0.1)%.
(G)		When-issued, delayed-delivery and/or forward commitment (including TBAs) securities. Securities to be settled and delivered after July 31, 2022. Securities may display a coupon rate of 0.00%, as the rate is to be determined at time of settlement.
(H)		Payment in-kind. Securities pay interest or dividends in the form of additional bonds or preferred stock. If the securities make a cash payment in addition to in-kind, the cash rate is disclosed separately.
(I)		All or a portion of the security represents unsettled loan commitments at July 31, 2022 where the rate will be determined at time of settlement.
(J)		Restricted securities. At July 31, 2022, 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
Loan Assignments	Rentpath, Inc. 2nd Lien Term Loan, TBD, 05/03/2028		04/06/2021	$	103,474	$	2,974		0.0	%^(F)
Common Stocks	Hi-Crush, Inc.		10/08/2020 - 11/02/2021		473,091		1,495,126		0.3
Common Stocks	Ameriforge Group, Inc.		04/20/2016 - 05/13/2016		91,268		0		0.0	^(F)

Total				$	667,833	$	1,498,100		0.3	%


(K)		Security in default; no interest payments received and/or dividends declared during the last 12 months. At July 31, 2022, the value of this security is $2,974, representing less than 0.1% of the Fund’s net assets.
(L)		Non-income producing security.
(M)		Fair valued as determined in good faith in accordance with procedures established by the Board. At July 31, 2022, the total value of securities is $3,357,375, representing 0.5% of the Fund’s net assets.
(N)		Securities are Level 3 of the fair value hierarchy.
(O)		Security deemed worthless.
(P)		Rates disclosed reflect the yields at July 31, 2022.
(Q)		There were no transfers in or out of Level 3 during the period ended July 31, 2022. Please reference the Investment Valuation section of the Notes to Schedule of Investments for more information regarding investment valuation and pricing inputs.
(R)		Level 3 securities were not considered significant to the Fund.
(S)		Derivative instruments are valued at unrealized appreciation (depreciation).

CURRENCY ABBREVIATIONS:


BRL		Brazilian Real
CLP		Chilean Peso
COP		Columbian Peso
EUR		Euro
MXN		Mexican Peso
PEN		Peruvian Sol
USD		United States Dollar

COUNTERPARTY ABBREVIATION:


JPMS		JPMorgan Securities LLC

PORTFOLIO ABBREVIATIONS:


BOBL		Bundesobligationen (German Federal Government Securities)
LIBOR		London Interbank Offered Rate
Prime Rate		Interest rate charged by banks to their most credit worthy customers
SOFR		Secured Overnight Financing Rate
TBD		To Be Determined


Transamerica Funds			Page 20

Transamerica Unconstrained Bond

NOTES TO SCHEDULE OF INVESTMENTS

At July 31, 2022

(unaudited)

INVESTMENT VALUATION

Transamerica Unconstrained Bond (the “Fund”) is a series of the Transamerica Funds.

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, 2022, 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.

Loan assignments: Loan assignments are normally valued using an income approach, which projects future cash flows and converts those future cash flows to a present value using a discount rate. The resulting present value reflects the likely fair value of the loan. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise are categorized in Level 3.


Transamerica Funds			Page 21

Transamerica Unconstrained Bond

NOTES TO SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)

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.

Foreign equity securities: Securities in which the primary trading market closes at the same time or after the NYSE, are valued based on quotations from the primary market in which they are traded and are categorized in Level 1. Because many foreign securities markets and exchanges close prior to the close of the NYSE, closing prices for foreign securities in those markets or on those exchanges do not reflect the events that occur after that close. Certain foreign securities may be fair valued using a pricing service that considers the correlation of the trading patterns of the foreign security to the intraday trading in the U.S. markets for investments such as American Depositary Receipts, financial futures, or ETFs and the movement of certain indices of securities based on a statistical analysis of their historical relationship; such valuations generally are categorized in Level 2.

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 actively traded NAV and no valuation adjustments are applied. Securities lending collateral is 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.


Transamerica Funds			Page 22

Transamerica Bond (IDITX) NPORT-PTransamerica Unconstrained Bond (Jul 2022 report)