Transamerica Bond (IDITX) NPORT-P Transamerica ClearTrack(R) 2015 (Jul 2023 report)

Transamerica ClearTrack^® 2015

SCHEDULE OF INVESTMENTS

At July 31, 2023

(unaudited)

	Shares		Value
EXCHANGE-TRADED FUNDS - 45.5%
International Equity Funds - 9.2%
iShares Core MSCI EAFE ETF		22,870		$  1,590,609
iShares Core MSCI Emerging Markets ETF		5,156		269,298
iShares Global REIT ETF		21,960		521,330
				2,381,237
U.S. Equity Fund - 12.6%
iShares Core S&P 500 ETF		7,122		3,277,402
U.S. Fixed Income Funds - 23.7%
iShares 0-5 Year TIPS Bond ETF		25,080		2,446,053
iShares Core U.S. Aggregate Bond ETF		37,952		3,707,151
				6,153,204
Total Exchange-Traded Funds (Cost $12,667,173)				11,811,843
INVESTMENT COMPANIES - 54.1%
International Equity Funds - 5.1%
Transamerica Emerging Markets Opportunities (A)		33,482		268,523
Transamerica International Focus (A)		61,748		524,856
Transamerica International Stock (A)		48,281		528,198
				1,321,577
International Fixed Income Fund - 5.2%
Transamerica Emerging Markets Debt (A)		146,973		1,343,334
U.S. Equity Funds - 13.7%
Transamerica Capital Growth (A)		53,595		407,321
Transamerica Large Cap Value (A)		83,667		1,108,583
Transamerica Mid Cap Growth (A)		46,154		397,844
Transamerica Mid Cap Value Opportunities (A)		34,730		393,144

	Shares		Value
INVESTMENT COMPANIES (continued)
U.S. Equity Funds (continued)
Transamerica Small Cap Growth (A)		38,228		$   261,096
Transamerica Small Cap Value (A)		45,262		263,877
Transamerica US Growth (A)		27,583		724,324
				3,556,189
U.S. Fixed Income Funds - 30.1%
Transamerica Bond (A)		744,812		5,958,500
Transamerica High Yield Bond (A)		235,220		1,862,943
				7,821,443
Total Investment Companies (Cost $16,078,236)				14,042,543
	Principal		Value
REPURCHASE AGREEMENT - 0.7%
Fixed Income Clearing Corp., 2.50% (B), dated 07/31/2023, to be repurchased at $174,240 on 08/01/2023. Collateralized by a U.S. Government Obligation, 0.63%, due 07/31/2026, and with a value of $177,716.		$  174,228		174,228
Total Repurchase Agreement (Cost $174,228)				174,228
Total Investments (Cost $28,919,637)				26,028,614
Net Other Assets (Liabilities) - (0.3)%				(69,879	)
Net Assets - 100.0%				$  25,958,735

INVESTMENT VALUATION:

Valuation Inputs ^(C)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value
ASSETS
Investments
Exchange-Traded Funds	$	11,811,843	$	—	$	—	$	11,811,843
Investment Companies		14,042,543		—		—		14,042,543
Repurchase Agreement		—		174,228		—		174,228
Total Investments	$	25,854,386	$	174,228	$	—	$	26,028,614

Transamerica Funds Page    1

Transamerica ClearTrack^® 2015

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2023

(unaudited)

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

(A) Affiliated investment in the Class R6 shares of Transamerica Funds. The Fund’s transactions and earnings are as follows:

Affiliated Investments	Value October 31, 2022		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)			Net Change in Unrealized Appreciation (Depreciation)		Value July 31, 2023		Shares as of July 31, 2023		Dividend Income		Net Capital Gain Distributions
Transamerica Bond	$	5,963,855	$	209,609	$	(378,867	)	$	(67,565	)	$	231,468	$	5,958,500		744,812	$	177,610	$	—
Transamerica Capital Growth		—		397,001		(95,000	)		14,745			90,575		407,321		53,595		—		—
Transamerica Emerging Markets Debt		1,283,467		50,693		(170,000	)		(33,627	)		212,801		1,343,334		146,973		50,693		—
Transamerica Emerging Markets Opportunities		244,207		7,804		(34,900	)		(14,050	)		65,462		268,523		33,482		7,804		—
Transamerica High Yield Bond		1,909,591		79,725		(164,314	)		(28,457	)		66,398		1,862,943		235,220		79,725		—
Transamerica International Focus		516,577		9,720		(105,000	)		(23,664	)		127,223		524,856		61,748		9,720		—
Transamerica International Stock		525,181		13,979		(133,000	)		(17,982	)		140,020		528,198		48,281		13,979		—
Transamerica Large Cap Value		1,166,349		74,043		(165,000	)		(17,881	)		51,072		1,108,583		83,667		12,028		62,015
Transamerica Large Growth		1,076,776		13,752		(1,075,828	)		(744,958	)		730,258		—		—		—		13,752
Transamerica Mid Cap Growth		371,717		—		(57,000	)		(43,065	)		126,192		397,844		46,154		—		—
Transamerica Mid Cap Value Opportunities		397,961		26,110		(38,000	)		(13,409	)		20,482		393,144		34,730		4,550		21,560
Transamerica Small Cap Growth		255,981		9,905		(31,000	)		(13,074	)		39,284		261,096		38,228		—		9,905
Transamerica Small Cap Value		280,103		48,149		(31,000	)		(36,550	)		3,175		263,877		45,262		6,245		41,904
Transamerica US Growth		—		727,001		(168,000	)		21,617			143,706		724,324		27,583		—		—
Total	$	13,991,765	$	1,667,491	$	(2,646,909	)	$	(1,017,920	)	$	2,048,116	$	14,042,543		1,599,735	$	362,354	$	149,136

(B)	Rate disclosed reflects the yield at July 31, 2023.
(C)	There were no transfers in or out of Level 3 during the period ended July 31, 2023. Please reference the Investment Valuation section of the Notes to Schedule of Investments for more information regarding investment valuation and pricing inputs.

PORTFOLIO ABBREVIATION:

REIT Real Estate Investment Trust

Transamerica Funds Page    2

Transamerica ClearTrack^® 2015

NOTES TO SCHEDULE OF INVESTMENTS

At July 31, 2023

(unaudited)

INVESTMENT VALUATION

Transamerica ClearTrack^® 2015 (the “Fund”) is a series of the Transamerica Funds.

Transamerica Asset Management, Inc. (“TAM”) has been designated as the Fund’s valuation designee pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended, with responsibility for fair valuation subject to oversight by the Fund’s Board of Trustees. The net asset value of the Fund is computed as of the official close of the New York Stock Exchange (“NYSE”) each day the NYSE is open for business.

TAM utilizes various methods to measure the fair value of its investments on a recurring basis. Generally Accepted Accounting Principles in the United States of America establishes a hierarchy that prioritizes inputs to valuation methods. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three levels (“Levels”) of inputs of the fair value hierarchy are defined as follows:

Level 1 — Unadjusted quoted prices in active markets for identical securities.

Level 2 — Inputs, other than quoted prices included in Level 1, which are observable, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates, and similar data.

Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include TAM’s own assumptions used in determining the fair value of the Fund’s investments.

The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. Certain investments that are measured at fair value using Net Asset Value (“NAV”) per share, or its equivalent, using the “practical expedient” have not been classified in the fair value Levels. The hierarchy classification of inputs used to value the Fund’s investments at July 31, 2023, 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 Funds’ significant categories of assets and liabilities measured at fair value on a recurring basis are as follows:

Exchange-traded funds (“ETF”): ETFs are stated at the last reported sale price or closing price on the day of valuation taken from the primary exchange where the ETF is principally traded. ETFs are generally categorized in Level 1 of the fair value hierarchy.

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.

Repurchase agreements: Repurchase agreements are valued at cost, which approximates fair value. To the extent the inputs are observable and timely, the values are generally categorized in Level 2 of the fair value hierarchy.

Transamerica Funds Page    3