Transamerica Bond
SCHEDULE OF INVESTMENTS
At July 31, 2023
(unaudited)
Principal | Value | |||||||
ASSET-BACKED SECURITIES - 11.3% | ||||||||
321 Henderson Receivables VI LLC | ||||||||
Series 2010-1A, Class A, | ||||||||
5.56%, 07/15/2059 (A) | $ 768,168 | $ 753,890 | ||||||
Accelerated LLC | ||||||||
Series 2021-1H, Class B, | ||||||||
1.90%, 10/20/2040 (A) | 2,650,570 | 2,378,146 | ||||||
Series 2021-1H, Class D, | ||||||||
3.58%, 10/20/2040 (A) | 1,587,454 | 1,410,430 | ||||||
ACM Auto Trust | ||||||||
Series 2023-2A, Class A, | ||||||||
7.97%, 06/20/2030 (A) | 3,744,728 | 3,752,858 | ||||||
Anchorage Capital CLO 16 Ltd. | ||||||||
Series 2020-16A, Class CR, | ||||||||
3-Month Term SOFR + 2.66%, | 2,700,000 | 2,634,093 | ||||||
Anchorage Capital CLO 25 Ltd. | ||||||||
Series 2022-25A, Class C, | ||||||||
3-Month Term SOFR + 2.35%, | 4,400,000 | 4,139,802 | ||||||
Anchorage Capital CLO 9 Ltd. | ||||||||
Series 2016-9A, Class AR2, | ||||||||
3-Month Term SOFR + 1.40%, | 3,600,000 | 3,576,784 | ||||||
Aqua Finance Trust | ||||||||
Series 2021-A, Class A, | ||||||||
1.54%, 07/17/2046 (A) | 2,093,466 | 1,852,196 | ||||||
Battalion CLO XVI Ltd. | ||||||||
Series 2019-16A, Class CR, | ||||||||
3-Month Term SOFR + 2.51%, | 3,100,000 | 2,936,708 | ||||||
Battalion CLO XXI Ltd. | ||||||||
Series 2021-21A, Class A, | ||||||||
3-Month Term SOFR + 1.44%, | 2,880,000 | 2,833,168 | ||||||
BRE Grand Islander Timeshare Issuer LLC | ||||||||
Series 2017-1A, Class A, | ||||||||
2.94%, 05/25/2029 (A) | 76,851 | 74,943 | ||||||
BXG Receivables Note Trust | ||||||||
Series 2020-A, Class A, | ||||||||
1.55%, 02/28/2036 (A) | 880,962 | 785,798 | ||||||
Series 2023-A, Class A, | ||||||||
5.77%, 11/15/2038 (A) | 3,779,953 | 3,734,057 | ||||||
CARS-DB4 LP | ||||||||
Series 2020-1A, Class A1, | ||||||||
2.69%, 02/15/2050 (A) | 1,095,163 | 1,030,422 | ||||||
Series 2020-1A, Class A4, | ||||||||
3.19%, 02/15/2050 (A) | 5,946,144 | 5,557,799 | ||||||
CARS-DB5 LP | �� | |||||||
Series 2021-1A, Class A3, | ||||||||
1.92%, 08/15/2051 (A) | 4,107,983 | 3,526,788 | ||||||
Countrywide Asset-Backed Certificates | ||||||||
Series 2002-S3, Class A5, | ||||||||
4.93% (B), 05/25/2032 | 6,731 | 6,031 | ||||||
DataBank Issuer | ||||||||
Series 2021-1A, Class A2, | ||||||||
2.06%, 02/27/2051 (A) | 4,727,000 | 4,138,255 |
Principal | Value | |||||||
ASSET-BACKED SECURITIES (continued) | ||||||||
Diamond Infrastructure Funding LLC | ||||||||
Series 2021-1A, Class A, | ||||||||
1.76%, 04/15/2049 (A) | $ 3,375,000 | $ 2,905,378 | ||||||
Diamond Resorts Owner Trust | ||||||||
Series 2019-1A, Class A, | ||||||||
2.89%, 02/20/2032 (A) | 406,250 | 385,014 | ||||||
ExteNet LLC | ||||||||
Series 2019-1A, Class A2, | ||||||||
3.20%, 07/25/2049 (A) | 2,765,000 | 2,654,482 | ||||||
GoodLeap Sustainable Home Solutions Trust | ||||||||
Series 2021-4GS, Class A, | ||||||||
1.93%, 07/20/2048 (A) | 2,597,243 | 1,963,241 | ||||||
Series 2021-5CS, Class A, | ||||||||
2.31%, 10/20/2048 (A) | 2,888,885 | 2,198,126 | ||||||
Series 2022-1GS, Class A, | ||||||||
2.70%, 01/20/2049 (A) | 3,674,361 | 2,920,089 | ||||||
GSAA Home Equity Trust | ||||||||
Series 2006-1, Class A3, | ||||||||
1-Month Term SOFR + 0.77%, | 937,052 | 410,823 | ||||||
Hilton Grand Vacations Trust | ||||||||
Series 2018-AA, Class C, | ||||||||
4.00%, 02/25/2032 (A) | 380,333 | 363,043 | ||||||
ICG US CLO Ltd. | ||||||||
Series 2014-1A, Class A1A2, | ||||||||
3-Month Term SOFR + 1.46%, | 4,500,000 | 4,426,393 | ||||||
JG Wentworth XXI LLC | ||||||||
Series 2010-2A, Class A, | ||||||||
4.07%, 01/15/2048 (A) | 280,313 | 274,282 | ||||||
JGWPT XXIII LLC | ||||||||
Series 2011-1A, Class A, | ||||||||
4.70%, 10/15/2056 (A) | 1,062,870 | 993,498 | ||||||
Lehman XS Trust | ||||||||
Series 2005-8, Class 1A3, | ||||||||
1-Month Term SOFR + 0.81%, | 682,759 | 745,665 | ||||||
MVW LLC | ||||||||
Series 2019-2A, Class B, | ||||||||
2.44%, 10/20/2038 (A) | 515,847 | 476,983 | ||||||
Series 2021-1WA, Class A, | ||||||||
1.14%, 01/22/2041 (A) | 3,643,843 | 3,309,081 | ||||||
Series 2021-1WA, Class C, | ||||||||
1.94%, 01/22/2041 (A) | 2,898,291 | 2,607,884 | ||||||
MVW Owner Trust | ||||||||
Series 2019-1A, Class A, | ||||||||
2.89%, 11/20/2036 (A) | 873,969 | 835,766 | ||||||
Series 2023-1A, Class A, | ||||||||
4.93%, 10/20/2040 (A) | 2,945,402 | 2,887,504 | ||||||
New Residential Advance Receivables Trust | ||||||||
Series 2020-T1, Class AT1, | ||||||||
1.43%, 08/15/2053 (A) | 13,300,000 | 13,263,120 | ||||||
Series 2020-T1, Class BT1, | ||||||||
1.82%, 08/15/2053 (A) | 2,400,000 | 2,393,244 | ||||||
Series 2020-T1, Class DT1, | ||||||||
3.01%, 08/15/2053 (A) | 3,390,000 | 3,380,568 | ||||||
NRZ Advance Receivables Trust | ||||||||
Series 2020-T2, Class AT2, | ||||||||
1.48%, 09/15/2053 (A) | 20,913,000 | 20,741,961 | ||||||
Series 2020-T2, Class CT2, | ||||||||
2.17%, 09/15/2053 (A) | 1,200,000 | 1,189,487 |
Transamerica Funds | Page 1 |
Transamerica Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
ASSET-BACKED SECURITIES (continued) | ||||||||
Octagon 54 Ltd. | ||||||||
Series 2021-1A, Class A1, | ||||||||
3-Month Term SOFR + 1.38%, | $ 2,750,000 | $ 2,730,769 | ||||||
Orange Lake Timeshare Trust | ||||||||
Series 2016-A, Class A, | ||||||||
2.61%, 03/08/2029 (A) | 111,760 | 107,808 | ||||||
Series 2018-A, Class C, | ||||||||
3.74%, 11/08/2030 (A) | 273,999 | 269,303 | ||||||
Series 2019-A, Class A, | ||||||||
3.06%, 04/09/2038 (A) | 223,777 | 214,501 | ||||||
Series 2019-A, Class C, | ||||||||
3.61%, 04/09/2038 (A) | 223,776 | 211,649 | ||||||
Pikes Peak CLO 4 | ||||||||
Series 2019-4A, Class AR, | ||||||||
3-Month Term SOFR + 1.46%, | 4,395,000 | 4,376,651 | ||||||
Santander Drive Auto Receivables Trust | ||||||||
Series 2021-1, Class D, | ||||||||
1.13%, 11/16/2026 | 7,150,000 | 6,846,089 | ||||||
Series 2021-2, Class D, | ||||||||
1.35%, 07/15/2027 | 3,434,000 | 3,258,421 | ||||||
Series 2021-4, Class C, | ||||||||
1.26%, 02/16/2027 | 8,250,000 | 7,967,367 | ||||||
Series 2022-2, Class A3, | ||||||||
2.98%, 10/15/2026 | 2,252,606 | 2,229,762 | ||||||
Sierra Timeshare Receivables Funding LLC | ||||||||
5.80%, 04/20/2040 (A) | 3,210,000 | 3,223,869 | ||||||
Series 2018-3A, Class A, | ||||||||
3.69%, 09/20/2035 (A) | 326,994 | 324,336 | ||||||
Series 2018-3A, Class D, | ||||||||
5.20%, 09/20/2035 (A) | 351,673 | 333,906 | ||||||
Series 2019-1A, Class B, | ||||||||
3.42%, 01/20/2036 (A) | 250,155 | 241,499 | ||||||
Series 2019-2A, Class A, | ||||||||
2.59%, 05/20/2036 (A) | 352,542 | 340,429 | ||||||
Series 2019-2A, Class D, | ||||||||
4.54%, 05/20/2036 (A) | 357,694 | 340,400 | ||||||
Series 2020-2A, Class A, | ||||||||
1.33%, 07/20/2037 (A) | 172,691 | 160,230 | ||||||
Series 2020-2A, Class B, | ||||||||
2.32%, 07/20/2037 (A) | 838,614 | 784,958 | ||||||
Series 2021-1A, Class C, | ||||||||
1.79%, 11/20/2037 (A) | 1,696,708 | 1,557,792 | ||||||
Series 2021-1A, Class D, | ||||||||
3.17%, 11/20/2037 (A) | 1,175,965 | 1,073,400 | ||||||
Series 2023-1A, Class A, | ||||||||
5.20%, 01/20/2040 (A) | 4,650,650 | 4,571,146 | ||||||
STORE Master Funding I LLC | ||||||||
Series 2015-1A, Class A2, | ||||||||
4.17%, 04/20/2045 (A) | 1,030,656 | 969,818 | ||||||
Sunnova Helios V Issuer LLC | ||||||||
Series 2021-A, Class A, | ||||||||
1.80%, 02/20/2048 (A) | 2,289,299 | 1,916,060 | ||||||
Vantage Data Centers Issuer LLC | ||||||||
Series 2020-1A, Class A2, | ||||||||
1.65%, 09/15/2045 (A) | 5,085,000 | 4,578,276 | ||||||
Venture 43 CLO Ltd. | ||||||||
Series 2021-43A, Class A1, | ||||||||
3-Month Term SOFR + 1.50%, | 1,100,000 | 1,092,863 | ||||||
Veridian Auto Receivables Trust | ||||||||
Series 2023-1A, Class A2, | ||||||||
5.97%, 08/17/2026 (A) | 3,000,000 | 2,991,755 |
Principal | Value | |||||||
ASSET-BACKED SECURITIES (continued) | ||||||||
VSE VOI Mortgage LLC | ||||||||
Series 2018-A, Class A, | ||||||||
3.56%, 02/20/2036 (A) | $ 248,631 | $ 240,447 | ||||||
Welk Resorts LLC | ||||||||
Series 2019-AA, Class A, | ||||||||
2.80%, 06/15/2038 (A) | 529,493 | 510,159 | ||||||
Wellfleet CLO Ltd. | ||||||||
Series 2015-1A, Class BR4, | ||||||||
3-Month Term SOFR + 1.81%, | 3,815,000 | 3,778,712 | ||||||
Series 2016-2A, Class A2R, | ||||||||
3-Month Term SOFR + 1.84%, | 4,975,000 | 4,943,294 | ||||||
Series 2017-2A, Class A2R, | ||||||||
3-Month Term SOFR + 1.88%, | 4,000,000 | 3,959,472 | ||||||
Series 2022-1A, Class C, | ||||||||
3-Month Term SOFR + 2.85%, | 2,500,000 | 2,405,640 | ||||||
|
| |||||||
Total Asset-Backed Securities |
| 184,998,581 | ||||||
|
| |||||||
CORPORATE DEBT SECURITIES - 40.5% | ||||||||
Aerospace & Defense - 0.9% | ||||||||
Boeing Co. | ||||||||
5.15%, 05/01/2030 | 3,462,000 | 3,430,040 | ||||||
5.93%, 05/01/2060 | 4,072,000 | 4,056,283 | ||||||
Embraer Netherlands Finance BV | ||||||||
6.95%, 01/17/2028 (A) (C) | 2,343,000 | 2,377,407 | ||||||
7.00%, 07/28/2030 (A) | 2,343,000 | 2,372,288 | ||||||
HEICO Corp. | ||||||||
5.35%, 08/01/2033 | 2,478,000 | 2,462,270 | ||||||
|
| |||||||
14,698,288 | ||||||||
|
| |||||||
Automobile Components - 0.1% | ||||||||
Aptiv PLC/Aptiv Corp. | ||||||||
3.25%, 03/01/2032 | 1,909,000 | 1,632,925 | ||||||
|
| |||||||
Automobiles - 1.1% | ||||||||
BMW US Capital LLC | ||||||||
2.80%, 04/11/2026 (A) | 2,081,000 | 1,968,043 | ||||||
Ford Motor Credit Co. LLC | ||||||||
3.38%, 11/13/2025 | 4,705,000 | 4,398,949 | ||||||
6.95%, 06/10/2026 | 3,663,000 | 3,692,304 | ||||||
General Motors Co. | ||||||||
6.25%, 10/02/2043 | 2,950,000 | 2,895,669 | ||||||
Stellantis Finance US, Inc. | ||||||||
6.38%, 09/12/2032 (A) (D) | 2,385,000 | 2,447,088 | ||||||
Volkswagen Group of America Finance LLC | ||||||||
1.63%, 11/24/2027 (A) | 2,289,000 | 1,969,885 | ||||||
|
| |||||||
17,371,938 | ||||||||
|
| |||||||
Banks - 6.1% | ||||||||
Bank of America Corp. | ||||||||
Fixed until 03/11/2031, | 3,251,000 | 2,691,341 | ||||||
Fixed until 04/25/2033, | 8,076,000 | 8,002,889 | ||||||
Barclays PLC | ||||||||
Fixed until 11/02/2025, | 6,599,000 | 6,772,486 |
Transamerica Funds | Page 2 |
Transamerica Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Banks (continued) | ||||||||
BBVA Bancomer SA | ||||||||
Fixed until 09/13/2029, | $ 4,265,000 | $ 3,817,588 | ||||||
BNP Paribas SA | ||||||||
Fixed until 11/17/2027 (E), | 5,670,000 | 5,956,893 | ||||||
BPCE SA | ||||||||
4.50%, 03/15/2025 (A) | 4,325,000 | 4,171,224 | ||||||
Citigroup, Inc. | ||||||||
Fixed until 12/10/2025 (E), | 1,836,000 | 1,647,700 | ||||||
Fixed until 05/25/2033, | 3,055,000 | 3,098,763 | ||||||
Commerzbank AG | ||||||||
8.13%, 09/19/2023 (A) | 4,661,000 | 4,655,413 | ||||||
Deutsche Bank AG | ||||||||
Fixed until 11/10/2032, | 3,261,000 | 3,139,090 | ||||||
Fifth Third Bancorp | ||||||||
Fixed until 07/27/2028, | 890,000 | 905,639 | ||||||
Goldman Sachs Group, Inc. | ||||||||
Fixed until 02/24/2032, | 4,896,000 | 4,123,014 | ||||||
Intesa Sanpaolo SpA | ||||||||
Fixed until 11/21/2032, | 8,648,000 | 9,195,459 | ||||||
JPMorgan Chase & Co. | ||||||||
Fixed until 06/01/2033, | 4,800,000 | 4,829,271 | ||||||
Fixed until 09/14/2032, | 1,409,000 | 1,429,780 | ||||||
Lloyds Banking Group PLC | ||||||||
Fixed until 06/27/2026 (E), | 2,781,000 | 2,588,590 | ||||||
Morgan Stanley | ||||||||
Fixed until 07/21/2033, | 2,072,000 | 2,069,471 | ||||||
Fixed until 10/18/2032, | 2,763,000 | 2,937,079 | ||||||
Northern Trust Corp. | ||||||||
6.13%, 11/02/2032 | 4,178,000 | 4,349,355 | ||||||
PNC Financial Services Group, Inc. | ||||||||
Fixed until 01/24/2033, | 3,184,000 | 3,073,698 | ||||||
Truist Financial Corp. | ||||||||
Fixed until 01/26/2033, | 4,413,000 | 4,215,954 | ||||||
Fixed until 06/08/2033, | 2,149,000 | 2,166,103 | ||||||
UBS Group AG | ||||||||
Fixed until 11/15/2032, | 3,841,000 | 4,669,166 |
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Banks (continued) | ||||||||
US Bancorp | ||||||||
Fixed until 06/10/2033, | $ 4,325,000 | $ 4,382,261 | ||||||
Wells Fargo & Co. | ||||||||
Fixed until 07/25/2033, | 4,656,000 | 4,675,525 | ||||||
|
| |||||||
99,563,752 | ||||||||
|
| |||||||
Beverages - 0.5% | ||||||||
Anheuser-Busch InBev Worldwide, Inc. | ||||||||
4.75%, 01/23/2029 | 3,002,000 | 2,988,792 | ||||||
Constellation Brands, Inc. | ||||||||
3.15%, 08/01/2029 | 1,456,000 | 1,312,073 | ||||||
3.70%, 12/06/2026 | 835,000 | 799,049 | ||||||
Primo Water Holdings, Inc. | ||||||||
4.38%, 04/30/2029 (A) | 3,655,000 | 3,180,080 | ||||||
|
| |||||||
8,279,994 | ||||||||
|
| |||||||
Biotechnology - 0.4% | ||||||||
Amgen, Inc. | ||||||||
2.00%, 01/15/2032 | 1,538,000 | 1,216,476 | ||||||
5.60%, 03/02/2043 | 1,634,000 | 1,622,587 | ||||||
CSL Finance PLC | ||||||||
4.63%, 04/27/2042 (A) | 2,468,000 | 2,260,870 | ||||||
Royalty Pharma PLC | ||||||||
2.20%, 09/02/2030 | 2,437,000 | 1,960,499 | ||||||
|
| |||||||
7,060,432 | ||||||||
|
| |||||||
Building Products - 0.3% | ||||||||
Builders FirstSource, Inc. | ||||||||
5.00%, 03/01/2030 (A) | 859,000 | 803,056 | ||||||
Lowe’s Cos., Inc. | ||||||||
3.75%, 04/01/2032 | 2,482,000 | 2,248,972 | ||||||
Standard Industries, Inc. | ||||||||
3.38%, 01/15/2031 (A) | 2,179,000 | 1,759,906 | ||||||
|
| |||||||
4,811,934 | ||||||||
|
| |||||||
Capital Markets - 0.5% | ||||||||
Charles Schwab Corp. | ||||||||
Fixed until 05/19/2033, | 5,296,000 | 5,443,780 | ||||||
LPL Holdings, Inc. | ||||||||
4.00%, 03/15/2029 (A) | 2,467,000 | 2,211,141 | ||||||
Morgan Stanley | ||||||||
Fixed until 04/21/2033, | 691,000 | 681,208 | ||||||
|
| |||||||
8,336,129 | ||||||||
|
| |||||||
Chemicals - 0.6% | ||||||||
ASP Unifrax Holdings, Inc. | ||||||||
5.25%, 09/30/2028 (A) | 678,000 | 499,048 | ||||||
FMC Corp. | ||||||||
5.65%, 05/18/2033 | 1,743,000 | 1,680,658 | ||||||
International Flavors & Fragrances, Inc. | ||||||||
2.30%, 11/01/2030 (A) | 2,868,000 | 2,283,214 | ||||||
Mosaic Co. | ||||||||
4.05%, 11/15/2027 | 1,497,000 | 1,436,761 |
Transamerica Funds | Page 3 |
Transamerica Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Chemicals (continued) | ||||||||
NOVA Chemicals Corp. | ||||||||
4.88%, 06/01/2024 (A) | $ 2,800,000 | $ 2,729,968 | ||||||
Nutrien Ltd. | ||||||||
4.20%, 04/01/2029 | 2,179,000 | 2,066,517 | ||||||
|
| |||||||
10,696,166 | ||||||||
|
| |||||||
Commercial Services & Supplies - 2.0% | ||||||||
ADT Security Corp. | ||||||||
4.13%, 08/01/2029 (A) (D) | 2,728,000 | 2,366,540 | ||||||
Ashtead Capital, Inc. | ||||||||
4.25%, 11/01/2029 (A) | 1,996,000 | 1,821,801 | ||||||
5.55%, 05/30/2033 (A) | 2,213,000 | 2,150,595 | ||||||
Carlisle Cos., Inc. | ||||||||
2.20%, 03/01/2032 | 2,787,000 | 2,204,252 | ||||||
3.75%, 12/01/2027 | 1,573,000 | 1,485,573 | ||||||
Element Fleet Management Corp. | ||||||||
6.27%, 06/26/2026 (A) | 4,814,000 | 4,835,478 | ||||||
General Electric Co. | ||||||||
4.50%, 03/11/2044 | 2,844,000 | 2,508,230 | ||||||
GXO Logistics, Inc. | ||||||||
2.65%, 07/15/2031 | 4,574,000 | 3,567,151 | ||||||
Quanta Services, Inc. | ||||||||
2.90%, 10/01/2030 | 2,214,000 | 1,881,279 | ||||||
Republic Services, Inc. | ||||||||
5.00%, 04/01/2034 | 2,316,000 | 2,298,250 | ||||||
Stericycle, Inc. | ||||||||
3.88%, 01/15/2029 (A) | 1,868,000 | 1,652,003 | ||||||
5.38%, 07/15/2024 (A) | 1,408,000 | 1,392,160 | ||||||
Triton Container International Ltd./TAL International Container Corp. | ||||||||
3.25%, 03/15/2032 | 5,820,000 | 4,514,752 | ||||||
|
| |||||||
32,678,064 | ||||||||
|
| |||||||
Communications Equipment - 0.3% | ||||||||
CommScope, Inc. | ||||||||
4.75%, 09/01/2029 (A) | 5,544,000 | 4,269,786 | ||||||
|
| |||||||
Construction & Engineering - 0.6% | ||||||||
Ashton Woods USA LLC/Ashton Woods Finance Co. | ||||||||
4.63%, 08/01/2029 - 04/01/2030 (A) | 2,660,000 | 2,289,512 | ||||||
Century Communities, Inc. | ||||||||
3.88%, 08/15/2029 (A) | 2,383,000 | 2,072,532 | ||||||
6.75%, 06/01/2027 | 1,319,000 | 1,324,069 | ||||||
IHS Holding Ltd. | ||||||||
5.63%, 11/29/2026 (A) | 2,561,000 | 2,234,575 | ||||||
IHS Netherlands Holdco BV | ||||||||
8.00%, 09/18/2027 (A) | 1,975,000 | 1,798,119 | ||||||
|
| |||||||
9,718,807 | ||||||||
|
| |||||||
Construction Materials - 0.2% | ||||||||
CRH America Finance, Inc. | ||||||||
3.40%, 05/09/2027 (A) | 2,796,000 | 2,615,973 | ||||||
CRH America, Inc. | ||||||||
3.88%, 05/18/2025 (A) | 1,000,000 | 968,137 | ||||||
|
| |||||||
3,584,110 | ||||||||
|
| |||||||
Consumer Staples Distribution & Retail - 0.8% | ||||||||
7-Eleven, Inc. | ||||||||
1.80%, 02/10/2031 (A) | 3,595,000 | 2,836,465 | ||||||
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP | ||||||||
4.63%, 01/15/2027 (A) | 4,995,000 | 4,735,350 |
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Consumer Staples Distribution & Retail (continued) | ||||||||
InRetail Consumer | ||||||||
3.25%, 03/22/2028 (A) | $ 3,042,000 | $ 2,636,197 | ||||||
Sysco Corp. | ||||||||
5.95%, 04/01/2030 | 3,050,000 | 3,179,203 | ||||||
|
| |||||||
13,387,215 | ||||||||
|
| |||||||
Containers & Packaging - 0.7% | ||||||||
Clydesdale Acquisition Holdings, Inc. | ||||||||
6.63%, 04/15/2029 (A) | 2,004,000 | 1,917,160 | ||||||
Mauser Packaging Solutions Holding Co. | ||||||||
7.88%, 08/15/2026 (A) | 1,320,000 | 1,312,433 | ||||||
Pactiv Evergreen Group Issuer, Inc./Pactiv Evergreen Group Issuer LLC | ||||||||
4.00%, 10/15/2027 (A) | 3,570,000 | 3,215,106 | ||||||
Sonoco Products Co. | ||||||||
2.25%, 02/01/2027 | 2,349,000 | 2,097,667 | ||||||
WRKCo, Inc. | ||||||||
3.90%, 06/01/2028 | 2,606,000 | 2,424,798 | ||||||
|
| |||||||
10,967,164 | ||||||||
|
| |||||||
Distributors - 0.1% | ||||||||
LKQ Corp. | ||||||||
6.25%, 06/15/2033 (A) | 1,740,000 | 1,750,105 | ||||||
|
| |||||||
Diversified REITs - 1.1% | ||||||||
Broadstone Net Lease LLC | ||||||||
2.60%, 09/15/2031 | 2,768,000 | 2,006,981 | ||||||
GLP Capital LP/GLP Financing II, Inc. | ||||||||
4.00%, 01/15/2030 | 2,554,000 | 2,230,516 | ||||||
HAT Holdings I LLC/HAT Holdings II LLC | ||||||||
3.38%, 06/15/2026 (A) | 1,830,000 | 1,655,438 | ||||||
SBA Tower Trust | ||||||||
1.63%, 05/15/2051 (A) | 2,000,000 | 1,736,259 | ||||||
2.84%, 01/15/2050 (A) | 6,998,000 | 6,665,634 | ||||||
VICI Properties LP | ||||||||
4.95%, 02/15/2030 | 4,120,000 | 3,897,652 | ||||||
|
| |||||||
18,192,480 | ||||||||
|
| |||||||
Diversified Telecommunication Services - 0.3% | ||||||||
Verizon Communications, Inc. | ||||||||
1.75%, 01/20/2031 | 3,167,000 | 2,480,439 | ||||||
4.13%, 03/16/2027 | 2,312,000 | 2,236,155 | ||||||
|
| |||||||
4,716,594 | ||||||||
|
| |||||||
Electric Utilities - 1.0% | ||||||||
Black Hills Corp. | ||||||||
3.15%, 01/15/2027 | 2,031,000 | 1,884,451 | ||||||
4.25%, 11/30/2023 | 1,538,000 | 1,528,448 | ||||||
Cleveland Electric Illuminating Co. | ||||||||
3.50%, 04/01/2028 (A) | 4,828,000 | 4,439,159 | ||||||
Duke Energy Corp. | ||||||||
5.00%, 12/08/2027 | 1,220,000 | 1,215,880 | ||||||
EDP Finance BV | ||||||||
3.63%, 07/15/2024 (A) | 3,316,000 | 3,238,789 | ||||||
EnfraGen Energia Sur SA/EnfraGen Spain SA/Prime Energia SpA | ||||||||
5.38%, 12/30/2030 (F) | 395,000 | 261,292 | ||||||
Investment Energy Resources Ltd. | ||||||||
6.25%, 04/26/2029 (A) | 1,544,000 | 1,447,500 | ||||||
Pacific Gas & Electric Co. | ||||||||
2.50%, 02/01/2031 | 2,124,000 | 1,676,511 | ||||||
|
| |||||||
15,692,030 | ||||||||
|
| |||||||
Electronic Equipment, Instruments & Components - 0.6% | ||||||||
Arrow Electronics, Inc. | ||||||||
2.95%, 02/15/2032 | 3,008,000 | 2,448,372 | ||||||
Keysight Technologies, Inc. | ||||||||
4.60%, 04/06/2027 | 3,132,000 | 3,085,729 |
Transamerica Funds | Page 4 |
Transamerica Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Electronic Equipment, Instruments & Components (continued) | ||||||||
Sensata Technologies, Inc. | ||||||||
3.75%, 02/15/2031 (A) | $ 210,000 | $ 177,318 | ||||||
4.38%, 02/15/2030 (A) | 2,676,000 | 2,378,886 | ||||||
Trimble, Inc. | ||||||||
6.10%, 03/15/2033 | 2,430,000 | 2,466,294 | ||||||
|
| |||||||
10,556,599 | ||||||||
|
| |||||||
Energy Equipment & Services - 0.1% | ||||||||
Schlumberger Holdings Corp. | ||||||||
3.90%, 05/17/2028 (A) | 1,882,000 | 1,789,080 | ||||||
|
| |||||||
Financial Services - 1.8% | ||||||||
AerCap Ireland Capital DAC/AerCap Global Aviation Trust | ||||||||
4.45%, 04/03/2026 | 3,878,000 | 3,721,775 | ||||||
Aviation Capital Group LLC | ||||||||
1.95%, 01/30/2026 (A) | 2,080,000 | 1,868,287 | ||||||
3.50%, 11/01/2027 (A) | 1,633,000 | 1,466,129 | ||||||
5.50%, 12/15/2024 (A) | 5,426,000 | 5,330,515 | ||||||
Avolon Holdings Funding Ltd. | ||||||||
2.88%, 02/15/2025 (A) | 3,669,000 | 3,447,722 | ||||||
5.50%, 01/15/2026 (A) | 5,029,000 | 4,899,735 | ||||||
Mexico Remittances Funding Fiduciary Estate Management SARL | ||||||||
4.88%, 01/15/2028 (A) | 5,488,200 | 4,966,910 | ||||||
United Wholesale Mortgage LLC | ||||||||
5.50%, 11/15/2025 (A) | 4,725,000 | 4,538,855 | ||||||
|
| |||||||
30,239,928 | ||||||||
|
| |||||||
Food Products - 0.9% | ||||||||
Bunge Ltd. Finance Corp. | ||||||||
1.63%, 08/17/2025 | 2,205,000 | 2,040,534 | ||||||
2.75%, 05/14/2031 | 2,417,000 | 2,042,058 | ||||||
Cargill, Inc. | ||||||||
5.13%, 10/11/2032 (A) | 1,658,000 | 1,673,379 | ||||||
Post Holdings, Inc. | ||||||||
4.63%, 04/15/2030 (A) | 680,000 | 599,552 | ||||||
5.50%, 12/15/2029 (A) | 2,687,000 | 2,495,058 | ||||||
5.63%, 01/15/2028 (A) | 800,000 | 773,573 | ||||||
Viterra Finance BV | ||||||||
4.90%, 04/21/2027 (A) | 4,505,000 | 4,357,141 | ||||||
|
| |||||||
13,981,295 | ||||||||
|
| |||||||
Health Care Equipment & Supplies - 0.5% | ||||||||
Alcon Finance Corp. | ||||||||
2.75%, 09/23/2026 (A) | 2,253,000 | 2,077,940 | ||||||
5.75%, 12/06/2052 (A) | 739,000 | 772,121 | ||||||
Boston Scientific Corp. | ||||||||
4.70%, 03/01/2049 | 573,000 | 529,874 | ||||||
GE HealthCare Technologies, Inc. | ||||||||
5.86%, 03/15/2030 | 1,415,000 | 1,451,273 | ||||||
Medline Borrower LP | ||||||||
3.88%, 04/01/2029 (A) | 1,483,000 | 1,298,451 | ||||||
5.25%, 10/01/2029 (A) (D) | 489,000 | 432,075 | ||||||
Stryker Corp. | ||||||||
1.95%, 06/15/2030 | 2,505,000 | 2,088,754 | ||||||
|
| |||||||
8,650,488 | ||||||||
|
| |||||||
Health Care Providers & Services - 1.8% | ||||||||
Centene Corp. | ||||||||
3.00%, 10/15/2030 | 1,269,000 | 1,059,940 | ||||||
3.38%, 02/15/2030 | 4,124,000 | 3,546,962 | ||||||
4.25%, 12/15/2027 | 1,134,000 | 1,068,668 | ||||||
Charles River Laboratories International, Inc. | ||||||||
4.00%, 03/15/2031 (A) (D) | 1,839,000 | 1,603,167 |
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Health Care Providers & Services (continued) | ||||||||
CHS/Community Health Systems, Inc. | ||||||||
5.25%, 05/15/2030 (A) | $ 1,927,000 | $ 1,541,427 | ||||||
8.00%, 03/15/2026 (A) | 425,000 | 417,327 | ||||||
Cigna Group | ||||||||
2.40%, 03/15/2030 | 3,285,000 | 2,783,226 | ||||||
CVS Health Corp. | ||||||||
4.78%, 03/25/2038 | 2,050,000 | 1,889,632 | ||||||
5.25%, 01/30/2031 | 1,221,000 | 1,219,756 | ||||||
Elevance Health, Inc. | ||||||||
2.25%, 05/15/2030 | 2,298,000 | 1,924,173 | ||||||
5.13%, 02/15/2053 | 1,679,000 | 1,613,512 | ||||||
HCA, Inc. | ||||||||
4.13%, 06/15/2029 | 1,697,000 | 1,573,225 | ||||||
7.50%, 11/06/2033 | 1,117,000 | 1,223,940 | ||||||
Laboratory Corp. of America Holdings | ||||||||
2.95%, 12/01/2029 | 1,837,000 | 1,614,889 | ||||||
Molina Healthcare, Inc. | ||||||||
4.38%, 06/15/2028 (A) | 1,718,000 | 1,575,403 | ||||||
Tenet Healthcare Corp. | ||||||||
5.13%, 11/01/2027 | 2,510,000 | 2,383,461 | ||||||
UnitedHealth Group, Inc. | ||||||||
5.20%, 04/15/2063 | 2,597,000 | 2,554,257 | ||||||
|
| |||||||
29,592,965 | ||||||||
|
| |||||||
Health Care REITs - 0.1% | ||||||||
Physicians Realty LP | ||||||||
2.63%, 11/01/2031 | 2,270,000 | 1,768,443 | ||||||
|
| |||||||
Hotels, Restaurants & Leisure - 1.5% | ||||||||
Boyd Gaming Corp. | ||||||||
4.75%, 12/01/2027 | 849,000 | 799,573 | ||||||
Boyne USA, Inc. | ||||||||
4.75%, 05/15/2029 (A) | 999,000 | 912,182 | ||||||
Hilton Domestic Operating Co., Inc. | ||||||||
3.75%, 05/01/2029 (A) | 3,099,000 | 2,761,162 | ||||||
Hyatt Hotels Corp. | ||||||||
1.80%, 10/01/2024 | 1,482,000 | 1,419,222 | ||||||
International Game Technology PLC | ||||||||
6.50%, 02/15/2025 (A) | 1,997,000 | 1,999,995 | ||||||
Marriott International, Inc. | ||||||||
2.75%, 10/15/2033 | 2,586,000 | 2,051,469 | ||||||
5.75%, 05/01/2025 | 316,000 | 317,597 | ||||||
MGM Resorts International | ||||||||
4.75%, 10/15/2028 | 1,627,000 | 1,503,172 | ||||||
5.75%, 06/15/2025 | 753,000 | 744,610 | ||||||
NCL Corp. Ltd. | ||||||||
5.88%, 03/15/2026 (A) | 2,716,000 | 2,570,110 | ||||||
Royal Caribbean Cruises Ltd. | ||||||||
5.50%, 04/01/2028 (A) | 1,364,000 | 1,285,569 | ||||||
Scientific Games International, Inc. | ||||||||
7.00%, 05/15/2028 (A) | 699,000 | 696,484 | ||||||
7.25%, 11/15/2029 (A) | 796,000 | 794,010 | ||||||
Viking Cruises Ltd. | ||||||||
5.88%, 09/15/2027 (A) | 4,525,000 | 4,219,562 | ||||||
Warnermedia Holdings, Inc. | ||||||||
5.05%, 03/15/2042 | 3,100,000 | 2,578,527 | ||||||
|
| |||||||
24,653,244 | ||||||||
|
| |||||||
Independent Power & Renewable Electricity Producers - 0.3% | ||||||||
Calpine Corp. | ||||||||
3.75%, 03/01/2031 (A) | 4,515,000 | 3,700,927 | ||||||
NRG Energy, Inc. | ||||||||
3.38%, 02/15/2029 (A) | 598,000 | 493,646 | ||||||
3.63%, 02/15/2031 (A) | 854,000 | 670,223 | ||||||
|
| |||||||
4,864,796 | ||||||||
|
|
Transamerica Funds | Page 5 |
Transamerica Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Insurance - 1.9% | ||||||||
Aon Corp./Aon Global Holdings PLC | ||||||||
5.00%, 09/12/2032 | $ 3,406,000 | $ 3,361,254 | ||||||
AXA SA | ||||||||
8.60%, 12/15/2030 | 3,893,000 | 4,665,215 | ||||||
Cloverie PLC for Zurich Insurance Co. Ltd. | ||||||||
Fixed until 06/24/2026, | 6,935,000 | 6,778,408 | ||||||
Equitable Holdings, Inc. | ||||||||
5.59%, 01/11/2033 | 4,349,000 | 4,297,816 | ||||||
Global Atlantic Finance Co. | ||||||||
7.95%, 06/15/2033 (A) | 4,265,000 | 4,270,414 | ||||||
Muenchener Rueckversicherungs-Gesellschaft AG | ||||||||
Fixed until 11/23/2031, | 2,000,000 | 1,997,500 | ||||||
Ohio National Financial Services, Inc. | ||||||||
6.63%, 05/01/2031 (A) (D) | 1,451,000 | 1,319,901 | ||||||
6.80%, 01/24/2030 (A) | 5,254,000 | 4,883,595 | ||||||
|
| |||||||
31,574,103 | ||||||||
|
| |||||||
Interactive Media & Services - 0.4% | ||||||||
Baidu, Inc. | ||||||||
4.38%, 05/14/2024 (D) | 2,436,000 | 2,406,159 | ||||||
Meta Platforms, Inc. | ||||||||
4.80%, 05/15/2030 | 2,764,000 | 2,771,367 | ||||||
Tencent Holdings Ltd. | ||||||||
3.28%, 04/11/2024 (A) | 1,686,000 | 1,657,489 | ||||||
|
| |||||||
6,835,015 | ||||||||
|
| |||||||
Internet & Catalog Retail - 0.1% | ||||||||
Expedia Group, Inc. | ||||||||
2.95%, 03/15/2031 | 248,000 | 208,785 | ||||||
3.80%, 02/15/2028 | 1,908,000 | 1,792,526 | ||||||
|
| |||||||
2,001,311 | ||||||||
|
| |||||||
Leisure Products - 0.0% (G) | ||||||||
Mattel, Inc. | ||||||||
5.88%, 12/15/2027 (A) | 360,000 | 353,395 | ||||||
|
| |||||||
Machinery - 0.3% | ||||||||
CNH Industrial Capital LLC | ||||||||
4.55%, 04/10/2028 | 2,416,000 | 2,343,130 | ||||||
Huntington Ingalls Industries, Inc. | ||||||||
2.04%, 08/16/2028 | 3,235,000 | 2,738,009 | ||||||
|
| |||||||
5,081,139 | ||||||||
|
| |||||||
Marine Transportation - 0.2% | ||||||||
MV24 Capital BV | ||||||||
6.75%, 06/01/2034 (A) | 3,173,227 | 2,931,562 | ||||||
|
| |||||||
Media - 1.2% | ||||||||
Charter Communications Operating LLC/Charter Communications Operating Capital | ||||||||
5.13%, 07/01/2049 | 3,999,000 | 3,129,707 | ||||||
Clear Channel Outdoor Holdings, Inc. | ||||||||
5.13%, 08/15/2027 (A) | 1,443,000 | 1,325,410 | ||||||
7.50%, 06/01/2029 (A) (D) | 1,392,000 | 1,108,246 | ||||||
Comcast Corp. | ||||||||
4.15%, 10/15/2028 | 3,533,000 | 3,419,821 | ||||||
CSC Holdings LLC | ||||||||
4.50%, 11/15/2031 (A) | 2,454,000 | 1,760,490 | ||||||
4.63%, 12/01/2030 (A) | 1,217,000 | 611,368 |
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Media (continued) | ||||||||
Diamond Sports Group LLC/Diamond Sports Finance Co. | ||||||||
5.38%, 08/15/2026 (A) (H) (I) | $ 1,040,000 | $ 32,500 | ||||||
6.63%, 08/15/2027 (A) (H) (I) | 690,000 | 17,250 | ||||||
Paramount Global | ||||||||
4.20%, 05/19/2032 (D) | 1,746,000 | 1,451,716 | ||||||
Virgin Media Secured Finance PLC | ||||||||
4.50%, 08/15/2030 (A) | 2,800,000 | 2,397,719 | ||||||
5.50%, 05/15/2029 (A) | 3,940,000 | 3,636,250 | ||||||
VZ Secured Financing BV | ||||||||
5.00%, 01/15/2032 (A) | 1,617,000 | 1,314,134 | ||||||
|
| |||||||
20,204,611 | ||||||||
|
| |||||||
Metals & Mining - 0.4% | ||||||||
ArcelorMittal SA | ||||||||
6.55%, 11/29/2027 | 3,586,000 | 3,702,529 | ||||||
Glencore Funding LLC | ||||||||
2.63%, 09/23/2031 (A) | 2,980,000 | 2,390,011 | ||||||
Novelis Corp. | ||||||||
3.25%, 11/15/2026 (A) | 236,000 | 214,418 | ||||||
3.88%, 08/15/2031 (A) | 236,000 | 196,512 | ||||||
|
| |||||||
6,503,470 | ||||||||
|
| |||||||
Mortgage Real Estate Investment Trusts - 0.3% | ||||||||
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp. | ||||||||
4.25%, 02/01/2027 (A) | 5,711,000 | 5,137,733 | ||||||
|
| |||||||
Office REITs - 0.2% | ||||||||
Corporate Office Properties LP | ||||||||
2.25%, 03/15/2026 | 1,355,000 | 1,206,022 | ||||||
Highwoods Realty LP | ||||||||
4.13%, 03/15/2028 | 1,650,000 | 1,481,131 | ||||||
Office Properties Income Trust | ||||||||
3.45%, 10/15/2031 | 648,000 | 340,911 | ||||||
|
| |||||||
3,028,064 | ||||||||
|
| |||||||
Oil, Gas & Consumable Fuels - 3.7% | ||||||||
Antero Midstream Partners LP/Antero Midstream Finance Corp. | ||||||||
5.38%, 06/15/2029 (A) | 1,175,000 | 1,101,497 | ||||||
7.88%, 05/15/2026 (A) | 2,739,000 | 2,796,615 | ||||||
Boardwalk Pipelines LP | ||||||||
3.40%, 02/15/2031 | 1,640,000 | 1,417,225 | ||||||
Cheniere Energy Partners LP | ||||||||
4.00%, 03/01/2031 | 4,950,000 | 4,404,862 | ||||||
4.50%, 10/01/2029 | 1,880,000 | 1,748,633 | ||||||
Chevron USA, Inc. | ||||||||
3.25%, 10/15/2029 | 1,921,000 | 1,775,844 | ||||||
Energy Transfer LP | ||||||||
6.00%, 06/15/2048 | 4,986,000 | 4,732,703 | ||||||
EnLink Midstream Partners LP | ||||||||
5.05%, 04/01/2045 | 3,754,000 | 2,986,795 | ||||||
Exxon Mobil Corp. | ||||||||
3.04%, 03/01/2026 | 2,638,000 | 2,520,851 | ||||||
NuStar Logistics LP | ||||||||
5.63%, 04/28/2027 | 2,000,000 | 1,940,531 | ||||||
5.75%, 10/01/2025 | 950,000 | 933,375 | ||||||
6.00%, 06/01/2026 | 350,000 | 344,450 | ||||||
Occidental Petroleum Corp. | ||||||||
5.55%, 03/15/2026 | 5,870,000 | 5,839,183 | ||||||
ONEOK Partners LP | ||||||||
4.90%, 03/15/2025 | 1,229,000 | 1,208,780 | ||||||
ONEOK, Inc. | ||||||||
6.10%, 11/15/2032 | 3,736,000 | 3,809,652 |
Transamerica Funds | Page 6 |
Transamerica Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Oil, Gas & Consumable Fuels (continued) | ||||||||
Ovintiv, Inc. | ||||||||
6.25%, 07/15/2033 | $ 2,521,000 | $ 2,543,930 | ||||||
Petroleos Mexicanos | ||||||||
6.50%, 01/23/2029 (D) | 3,507,000 | 2,915,532 | ||||||
6.84%, 01/23/2030 | 2,838,000 | 2,287,766 | ||||||
6.88%, 10/16/2025 | 2,440,000 | 2,350,964 | ||||||
7.69%, 01/23/2050 | 1,593,000 | 1,105,991 | ||||||
Pioneer Natural Resources Co. | ||||||||
2.15%, 01/15/2031 | 2,728,000 | 2,232,068 | ||||||
Plains All American Pipeline LP/PAA Finance Corp. | ||||||||
3.55%, 12/15/2029 | 1,853,000 | 1,636,040 | ||||||
Sabine Pass Liquefaction LLC | ||||||||
5.90%, 09/15/2037 (A) | 2,848,000 | 2,880,799 | ||||||
Southwestern Energy Co. | ||||||||
5.38%, 03/15/2030 | 655,000 | 612,929 | ||||||
Targa Resources Partners LP/Targa Resources Partners Finance Corp. | ||||||||
4.00%, 01/15/2032 | 1,562,000 | 1,369,499 | ||||||
Western Midstream Operating LP | ||||||||
6.15%, 04/01/2033 | 2,408,000 | 2,442,048 | ||||||
|
| |||||||
59,938,562 | ||||||||
|
| |||||||
Passenger Airlines - 0.4% |
| |||||||
American Airlines Pass-Through Trust | ||||||||
3.15%, 08/15/2033 | 1,560,700 | 1,358,329 | ||||||
Delta Air Lines Pass-Through Trust | ||||||||
3.20%, 10/25/2025 | 1,793,000 | 1,760,255 | ||||||
Delta Air Lines, Inc./SkyMiles IP Ltd. | ||||||||
4.75%, 10/20/2028 (A) | 2,260,000 | 2,186,367 | ||||||
United Airlines Pass-Through Trust | ||||||||
3.75%, 03/03/2028 | 1,298,781 | 1,220,023 | ||||||
4.15%, 02/25/2033 | 1 | 1 | ||||||
|
| |||||||
6,524,975 | ||||||||
|
| |||||||
Personal Care Products - 0.2% | ||||||||
Kenvue, Inc. | ||||||||
5.00%, 03/22/2030 (A) | 3,906,000 | 3,936,289 | ||||||
|
| |||||||
Pharmaceuticals - 0.9% | ||||||||
AbbVie, Inc. | ||||||||
3.20%, 05/14/2026 | 1,293,000 | 1,231,379 | ||||||
4.05%, 11/21/2039 | 2,871,000 | 2,495,319 | ||||||
Bausch Health Cos., Inc. | ||||||||
5.00%, 02/15/2029 (A) | 970,000 | 442,517 | ||||||
5.25%, 01/30/2030 - 02/15/2031 (A) | 3,724,000 | 1,661,889 | ||||||
6.25%, 02/15/2029 (A) | 520,000 | 241,082 | ||||||
7.00%, 01/15/2028 (A) | 617,000 | 290,013 | ||||||
Bayer US Finance II LLC | ||||||||
4.38%, 12/15/2028 (A) | 1,759,000 | 1,681,184 | ||||||
Merck & Co., Inc. | ||||||||
5.00%, 05/17/2053 | 3,270,000 | 3,277,268 | ||||||
Pfizer Investment Enterprises Pte Ltd. | ||||||||
5.11%, 05/19/2043 | 2,795,000 | 2,769,887 | ||||||
Viatris, Inc. | ||||||||
2.30%, 06/22/2027 | 1,286,000 | 1,129,485 | ||||||
|
| |||||||
15,220,023 | ||||||||
|
| |||||||
Professional Services - 0.5% | ||||||||
Equifax, Inc. | ||||||||
2.60%, 12/01/2024 | 3,092,000 | 2,956,307 | ||||||
5.10%, 12/15/2027 | 2,528,000 | 2,506,870 | ||||||
Gartner, Inc. | ||||||||
4.50%, 07/01/2028 (A) | 2,530,000 | 2,367,747 | ||||||
|
| |||||||
7,830,924 | ||||||||
|
|
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Residential REITs - 0.1% | ||||||||
Invitation Homes Operating Partnership LP | ||||||||
4.15%, 04/15/2032 | $ 1,736,000 | $ 1,567,370 | ||||||
|
| |||||||
Retail REITs - 0.3% | ||||||||
Realty Income Corp. | ||||||||
4.90%, 07/15/2033 | 2,587,000 | 2,486,811 | ||||||
Simon Property Group LP | ||||||||
5.50%, 03/08/2033 | 2,391,000 | 2,386,906 | ||||||
|
| |||||||
4,873,717 | ||||||||
|
| |||||||
Semiconductors & Semiconductor Equipment - 1.2% | ||||||||
Advanced Micro Devices, Inc. | ||||||||
3.92%, 06/01/2032 | 3,588,000 | 3,372,182 | ||||||
Broadcom, Inc. | ||||||||
1.95%, 02/15/2028 (A) | 1,321,000 | 1,140,676 | ||||||
Foundry JV Holdco LLC | ||||||||
5.88%, 01/25/2034 (A) | 2,600,000 | 2,569,928 | ||||||
KLA Corp. | ||||||||
4.10%, 03/15/2029 | 2,709,000 | 2,613,531 | ||||||
Microchip Technology, Inc. | ||||||||
0.98%, 09/01/2024 | 2,636,000 | 2,501,854 | ||||||
QUALCOMM, Inc. | ||||||||
3.25%, 05/20/2050 (D) | 1,547,000 | 1,162,697 | ||||||
Skyworks Solutions, Inc. | ||||||||
1.80%, 06/01/2026 | 1,473,000 | 1,317,406 | ||||||
TSMC Global Ltd. | ||||||||
1.38%, 09/28/2030 (A) (D) | 6,595,000 | 5,163,246 | ||||||
|
| |||||||
19,841,520 | ||||||||
|
| |||||||
Software - 1.2% | ||||||||
Crowdstrike Holdings, Inc. | ||||||||
3.00%, 02/15/2029 | 583,000 | 503,336 | ||||||
Fiserv, Inc. | ||||||||
5.45%, 03/02/2028 | 2,472,000 | 2,496,350 | ||||||
Infor, Inc. | ||||||||
1.75%, 07/15/2025 (A) | 2,561,000 | 2,349,923 | ||||||
Oracle Corp. | ||||||||
3.65%, 03/25/2041 | 2,613,000 | 2,000,622 | ||||||
6.90%, 11/09/2052 | 2,973,000 | 3,314,292 | ||||||
Rackspace Technology Global, Inc. | ||||||||
3.50%, 02/15/2028 (A) | 2,584,000 | 1,155,800 | ||||||
Take-Two Interactive Software, Inc. | ||||||||
3.55%, 04/14/2025 | 3,982,000 | 3,845,965 | ||||||
Workday, Inc. | ||||||||
3.50%, 04/01/2027 | 3,765,000 | 3,574,744 | ||||||
|
| |||||||
19,241,032 | ||||||||
|
| |||||||
Specialized REITs - 0.5% | ||||||||
EPR Properties | ||||||||
3.75%, 08/15/2029 | 2,622,000 | 2,150,230 | ||||||
Iron Mountain, Inc. | ||||||||
5.25%, 03/15/2028 (A) | 4,238,000 | 3,974,778 | ||||||
Weyerhaeuser Co. | ||||||||
4.00%, 04/15/2030 | 2,636,000 | 2,428,292 | ||||||
|
| |||||||
8,553,300 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals - 0.3% | ||||||||
Dell International LLC/EMC Corp. | ||||||||
6.02%, 06/15/2026 | 809,000 | 820,002 |
Transamerica Funds | Page 7 |
Transamerica Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Technology Hardware, Storage & Peripherals (continued) | ||||||||
NCR Corp. | ||||||||
5.00%, 10/01/2028 (A) | $ 695,000 | $ 628,696 | ||||||
5.13%, 04/15/2029 (A) | 897,000 | 802,135 | ||||||
5.25%, 10/01/2030 (A) | 2,183,000 | 1,945,045 | ||||||
|
| |||||||
4,195,878 | ||||||||
|
| |||||||
Tobacco - 0.4% | ||||||||
BAT Capital Corp. | ||||||||
2.26%, 03/25/2028 | 3,855,000 | 3,330,517 | ||||||
Philip Morris International, Inc. | ||||||||
5.63%, 11/17/2029 | 2,714,000 | 2,774,351 | ||||||
Reynolds American, Inc. | ||||||||
7.25%, 06/15/2037 | 476,000 | 491,454 | ||||||
|
| |||||||
6,596,322 | ||||||||
|
| |||||||
Wireless Telecommunication Services - 0.6% | ||||||||
Altice France SA | ||||||||
5.50%, 10/15/2029 (A) | 1,320,000 | 937,611 | ||||||
Axian Telecom | ||||||||
7.38%, 02/16/2027 (A) | 682,000 | 625,872 | ||||||
Sprint LLC | ||||||||
7.88%, 09/15/2023 | 2,510,000 | 2,511,950 | ||||||
T-Mobile USA, Inc. | ||||||||
3.50%, 04/15/2031 | 2,167,000 | 1,905,009 | ||||||
3.88%, 04/15/2030 | 1,538,000 | 1,413,079 | ||||||
Vmed O2 UK Financing I PLC | ||||||||
4.75%, 07/15/2031 (A) | 2,500,000 | 2,110,335 | ||||||
|
| |||||||
9,503,856 | ||||||||
|
| |||||||
Total Corporate Debt Securities |
| 664,978,922 | ||||||
|
| |||||||
FOREIGN GOVERNMENT OBLIGATIONS - 0.4% | ||||||||
Colombia - 0.1% | ||||||||
Colombia Government International Bonds | ||||||||
4.50%, 01/28/2026 | 1,300,000 | 1,249,694 | ||||||
|
| |||||||
Dominican Republic - 0.1% | ||||||||
Dominican Republic International Bonds | ||||||||
4.88%, 09/23/2032 (A) | 782,000 | 677,219 | ||||||
5.50%, 01/27/2025 (F) | 1,122,000 | 1,107,975 | ||||||
|
| |||||||
1,785,194 | ||||||||
|
| |||||||
Ecuador - 0.0% (G) | ||||||||
Ecuador Government International Bonds | ||||||||
Zero Coupon, 07/31/2030 (A) | 119,808 | 34,155 | ||||||
2.50% (J), 07/31/2040 (A) | 435,840 | 136,200 | ||||||
3.50% (J), 07/31/2035 (A) | 950,976 | 326,900 | ||||||
|
| |||||||
497,255 | ||||||||
|
| |||||||
Uzbekistan - 0.2% | ||||||||
Republic of Uzbekistan International Bonds | ||||||||
3.90%, 10/19/2031 (A) | 3,049,000 | 2,503,199 | ||||||
|
| |||||||
Total Foreign Government Obligations |
| 6,035,342 | ||||||
|
|
Principal | Value | |||||||
LOAN ASSIGNMENT - 0.2% | ||||||||
Commercial Services & Supplies - 0.2% | ||||||||
Spin Holdco, Inc. | ||||||||
Term Loan, | ||||||||
3-Month LIBOR + 4.00%, | $ 3,211,427 | $ 2,699,605 | ||||||
|
| |||||||
Total Loan Assignment |
| 2,699,605 | ||||||
|
| |||||||
MORTGAGE-BACKED SECURITIES - 9.7% | ||||||||
20 Times Square Trust | ||||||||
Series 2018-20TS, Class C, | ||||||||
3.10% (B), 05/15/2035 (A) | 2,550,000 | 2,084,625 | ||||||
280 Park Avenue Mortgage Trust | ||||||||
Series 2017-280P, Class E, | ||||||||
1-Month Term SOFR + 2.17%, | 4,630,000 | 3,983,063 | ||||||
Alternative Loan Trust | ||||||||
Series 2005-14, Class 2A1, | ||||||||
1-Month Term SOFR + 0.53%, | 421,102 | 382,012 | ||||||
Series 2005-14, Class 4A1, | ||||||||
1-Month Term SOFR + 0.55%, | 649,371 | 607,351 | ||||||
Series 2006-OC1, Class 2A3A, | ||||||||
1-Month Term SOFR + 0.75%, | 822,454 | 753,685 | ||||||
American Home Mortgage Assets Trust | ||||||||
Series 2007-2, Class A1, | ||||||||
1-Month Term SOFR + 0.24%, | 262,798 | 233,684 | ||||||
BAMLL Commercial Mortgage Securities Trust | ||||||||
Series 2019-BPR, Class BNM, | ||||||||
3.47%, 11/05/2032 (A) | 5,000,000 | 4,053,482 | ||||||
Series 2019-BPR, Class CNM, | ||||||||
3.72% (B), 11/05/2032 (A) | 3,970,000 | 2,980,265 | ||||||
Banc of America Funding Trust | ||||||||
Series 2007-3, Class TA2, | ||||||||
1-Month Term SOFR + 0.29%, | 177,877 | 143,819 | ||||||
BBCMS Mortgage Trust | ||||||||
Series 2018-TALL, Class C, | ||||||||
1-Month Term SOFR + 1.32%, | 7,065,000 | 5,202,051 | ||||||
Series 2018-TALL, Class E, | ||||||||
1-Month Term SOFR + 2.63%, | 2,570,000 | 1,404,024 | ||||||
BX Commercial Mortgage Trust | ||||||||
Series 2019-XL, Class D, | ||||||||
1-Month Term SOFR + 1.56%, | 2,919,750 | 2,894,034 | ||||||
BXP Trust | ||||||||
Series 2017-CQHP, Class D, | ||||||||
1-Month Term SOFR + 2.05%, | 1,825,000 | 1,536,300 |
Transamerica Funds | Page 8 |
Transamerica Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
MORTGAGE-BACKED SECURITIES (continued) | ||||||||
CHL Mortgage Pass-Through Trust | ||||||||
Series 2005-11, Class 4A1, | ||||||||
1-Month Term SOFR + 0.38%, | $ 81,708 | $ 75,186 | ||||||
Series 2006-3, Class 3A1, | ||||||||
1-Month Term SOFR + 0.61%, | 1,874,572 | 1,642,270 | ||||||
CIM Trust | ||||||||
Series 2021-R6, Class A1, | ||||||||
1.43% (B), 07/25/2061 (A) | 5,448,814 | 4,636,131 | ||||||
Citigroup Mortgage Loan Trust, Inc. | ||||||||
Series 2014-A, Class A, | ||||||||
4.00% (B), 01/25/2035 (A) | 35,945 | 33,719 | ||||||
Series 2015-PS1, Class A1, | ||||||||
3.75% (B), 09/25/2042 (A) | 221,609 | 204,857 | ||||||
CORE Mortgage Trust | ||||||||
Series 2019-CORE, Class C, | ||||||||
1-Month Term SOFR + 1.35%, | 2,295,200 | 2,226,355 | ||||||
CSMC Trust | ||||||||
Series 2014-11R, Class 17A1, | ||||||||
1-Month LIBOR + 0.15%, | 27,673 | 27,517 | ||||||
Series 2020-RPL4, Class A1, | ||||||||
2.00% (B), 01/25/2060 (A) | 5,938,314 | 5,092,136 | ||||||
Series 2021-RPL2, Class A1A, | ||||||||
1.11% (B), 01/25/2060 (A) | 5,726,497 | 4,574,100 | ||||||
Series 2021-RPL3, Class A1, | ||||||||
2.00% (B), 01/25/2060 (A) | 2,222,558 | 1,882,335 | ||||||
Series 2021-RPL6, Class A1, | ||||||||
2.00% (B), 10/25/2060 (A) | 3,921,977 | 3,379,377 | ||||||
Fontainebleau Miami Beach Trust | ||||||||
Series 2019-FBLU, Class D, | ||||||||
3.96% (B), 12/10/2036 (A) | 7,902,000 | 7,493,808 | ||||||
Great Wolf Trust | ||||||||
Series 2019-WOLF, Class C, | ||||||||
1-Month Term SOFR + 1.75%, | 5,107,000 | 5,033,107 | ||||||
GS Mortgage Securities Corp. Trust | ||||||||
Series 2017-SLP, Class B, | ||||||||
3.77%, 10/10/2032 (A) | 5,242,000 | 5,088,272 | ||||||
GSCG Trust | ||||||||
Series 2019-600C, Class B, | ||||||||
3.16%, 09/06/2034 (A) | 1,660,000 | 1,223,425 | ||||||
GSR Mortgage Loan Trust | ||||||||
Series 2007-OA1, Class 2A1, | ||||||||
1-Month Term SOFR + 0.24%, | 145,114 | 69,727 | ||||||
ILPT Trust | ||||||||
Series 2019-SURF, Class C, | ||||||||
4.29% (B), 02/11/2041 (A) | 1,930,000 | 1,577,312 | ||||||
IndyMac INDX Mortgage Loan Trust | ||||||||
Series 2007-AR15, Class 2A1, | ||||||||
3.34% (B), 08/25/2037 | 584,840 | 447,017 | ||||||
JPMorgan Chase Commercial Mortgage Securities Trust | ||||||||
Series 2020-ACE, Class A, | ||||||||
3.29%, 01/10/2037 (A) | 5,000,000 | 4,721,220 | ||||||
Series 2020-NNN, Class CFX, | ||||||||
3.27%, 01/16/2037 (A) | 2,675,000 | 2,225,530 | ||||||
Merrill Lynch Mortgage Investors Trust | ||||||||
Series 2006-A1, Class 1A1, | ||||||||
3.84% (B), 03/25/2036 | 733,219 | 454,447 | ||||||
MetLife Securitization Trust | ||||||||
Series 2019-1A, Class A1A, | ||||||||
3.75% (B), 04/25/2058 (A) | 406,907 | 387,891 |
Principal | Value | |||||||
MORTGAGE-BACKED SECURITIES (continued) | ||||||||
Mill City Mortgage Loan Trust | ||||||||
Series 2019-1, Class A1, | ||||||||
3.25% (B), 10/25/2069 (A) | $ 3,970,618 | $ 3,742,742 | ||||||
MSCG Trust | ||||||||
Series 2018-SELF, Class D, | ||||||||
1-Month Term SOFR + 1.70%, | 3,390,464 | 3,327,688 | ||||||
New Residential Mortgage Loan Trust | ||||||||
Series 2016-2A, Class A1, | ||||||||
3.75% (B), 11/26/2035 (A) | 296,420 | 276,772 | ||||||
Series 2017-1A, Class A1, | ||||||||
4.00% (B), 02/25/2057 (A) | 1,149,293 | 1,073,955 | ||||||
Series 2017-2A, Class A3, | ||||||||
4.00% (B), 03/25/2057 (A) | 5,188,715 | 4,840,585 | ||||||
Series 2017-3A, Class A1, | ||||||||
4.00% (B), 04/25/2057 (A) | 505,119 | 473,668 | ||||||
Series 2018-2A, Class A1, | ||||||||
4.50% (B), 02/25/2058 (A) | 330,021 | 315,874 | ||||||
Series 2018-RPL1, Class A1, | ||||||||
3.50% (B), 12/25/2057 (A) | 1,892,291 | 1,765,848 | ||||||
Series 2019-2A, Class A1, | ||||||||
4.25% (B), 12/25/2057 (A) | 1,291,131 | 1,219,223 | ||||||
Series 2019-3A, Class A1A, | ||||||||
3.75% (B), 11/25/2058 (A) | 3,824,093 | 3,514,334 | ||||||
Series 2019-4A, Class A1B, | ||||||||
3.50% (B), 12/25/2058 (A) | 4,425,326 | 4,058,527 | ||||||
Series 2019-5A, Class A1B, | ||||||||
3.50% (B), 08/25/2059 (A) | 5,143,026 | 4,728,251 | ||||||
Series 2019-6A, Class A1B, | ||||||||
3.50% (B), 09/25/2059 (A) | 3,575,283 | 3,261,936 | ||||||
Series 2019-RPL2, Class A1, | ||||||||
3.25% (B), 02/25/2059 (A) | 2,274,773 | 2,123,637 | ||||||
OBX Trust | ||||||||
Series 2023-NQM4, Class A1, | ||||||||
6.11% (B), 03/25/2063 (A) | 5,973,238 | 5,942,716 | ||||||
RALI Trust | ||||||||
Series 2006-QO1, Class 3A1, | ||||||||
1-Month Term SOFR + 0.65%, | 2,358,224 | 1,243,600 | ||||||
Series 2007-QH5, Class AI1, | ||||||||
1-Month Term SOFR + 0.53%, | 112,804 | 104,547 | ||||||
Residential Asset Securitization Trust | ||||||||
Series 2004-A4, Class A11, | ||||||||
5.50%, 08/25/2034 | 1,395,135 | 1,317,853 | ||||||
Tharaldson Hotel Portfolio Trust | ||||||||
Series 2018-THL, Class C, | ||||||||
1-Month Term SOFR + 1.76%, | 1,405,489 | 1,376,150 | ||||||
Towd Point Mortgage Trust | ||||||||
Series 2017-1, Class A1, | ||||||||
2.75% (B), 10/25/2056 (A) | 144,308 | 142,346 | ||||||
Series 2017-3, Class A1, | ||||||||
2.75% (B), 07/25/2057 (A) | 185,027 | 179,876 | ||||||
Series 2017-4, Class A1, | ||||||||
2.75% (B), 06/25/2057 (A) | 1,690,047 | 1,591,345 | ||||||
Series 2017-6, Class A1, | ||||||||
2.75% (B), 10/25/2057 (A) | 7,685,944 | 7,270,083 | ||||||
Series 2018-2, Class A1, | ||||||||
3.25% (B), 03/25/2058 (A) | 1,373,236 | 1,307,554 | ||||||
Series 2018-4, Class A1, | ||||||||
3.00% (B), 06/25/2058 (A) | 3,089,845 | 2,819,265 | ||||||
Series 2018-5, Class A1A, | ||||||||
3.25% (B), 07/25/2058 (A) | 878,537 | 838,472 |
Transamerica Funds | Page 9 |
Transamerica Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
MORTGAGE-BACKED SECURITIES (continued) | ||||||||
Towd Point Mortgage Trust (continued) | ||||||||
Series 2019-1, Class A1, | ||||||||
3.75% (B), 03/25/2058 (A) | $ 5,285,863 | $ 4,942,364 | ||||||
Series 2020-4, Class A1, | ||||||||
1.75%, 10/25/2060 (A) | 10,579,663 | 9,190,446 | ||||||
Series 2022-1, Class A1, | ||||||||
3.75% (B), 07/25/2062 (A) | 3,338,171 | 3,066,602 | ||||||
Series 2023-1, Class A1, | ||||||||
3.75%, 01/25/2063 (A) | 4,712,887 | 4,306,804 | ||||||
|
| |||||||
Total Mortgage-Backed Securities |
| 159,117,197 | ||||||
|
| |||||||
U.S. GOVERNMENT AGENCY OBLIGATIONS - 6.8% | ||||||||
Federal Home Loan Mortgage Corp., Interest Only STRIPS | ||||||||
5.00%, 08/01/2035 | 354,233 | 56,457 | ||||||
Federal National Mortgage Association | ||||||||
4.50%, 08/01/2052 | 7,422,479 | 7,106,391 | ||||||
5.00%, 03/01/2053 - 04/01/2053 | 21,861,540 | 21,371,472 | ||||||
5.50%, 03/01/2053 | 8,064,311 | 8,021,249 | ||||||
Uniform Mortgage-Backed Security | ||||||||
TBA, 2.00%, 08/01/2053 (K) | 48,314,000 | 39,134,340 | ||||||
TBA, 2.50%, 08/01/2053 (K) | 16,253,000 | 13,696,962 | ||||||
TBA, 5.50%, 08/01/2053 (K) | 21,923,000 | 21,775,862 | ||||||
|
| |||||||
Total U.S. Government Agency Obligations |
| 111,162,733 | ||||||
|
| |||||||
U.S. GOVERNMENT OBLIGATIONS - 28.1% | ||||||||
U.S. Treasury - 27.2% | ||||||||
U.S. Treasury Bonds | ||||||||
1.25%, 05/15/2050 | 60,319,000 | 32,800,812 | ||||||
1.88%, 02/15/2051 | 13,021,000 | 8,343,104 | ||||||
2.00%, 02/15/2050 | 4,323,000 | 2,870,573 | ||||||
2.25%, 05/15/2041 - 08/15/2046 | 44,691,000 | 32,981,872 | ||||||
2.38%, 02/15/2042 | 57,252,000 | 43,598,740 | ||||||
2.50%, 05/15/2046 | 9,450,000 | 7,066,828 | ||||||
2.75%, 08/15/2042 - 11/15/2047 | 67,838,000 | 54,117,582 | ||||||
2.88%, 11/15/2046 | 5,220,000 | 4,182,525 | ||||||
3.00%, 08/15/2048 | 5,566,000 | 4,556,728 | ||||||
3.25%, 05/15/2042 | 2,636,000 | 2,301,969 | ||||||
3.50%, 02/15/2039 | 3,058,000 | 2,875,834 | ||||||
3.63%, 02/15/2053 - 05/15/2053 | 15,064,600 | 14,040,288 | ||||||
3.88%, 02/15/2043 | 2,581,000 | 2,462,435 | ||||||
U.S. Treasury Bonds, Principal Only STRIPS | ||||||||
Zero Coupon, 08/15/2052 | 45,386,000 | 14,757,732 | ||||||
U.S. Treasury Notes | ||||||||
1.13%, 02/15/2031 | 53,053,600 | 43,363,028 | �� | |||||
1.25%, 08/15/2031 | 1,499,000 | 1,220,104 | ||||||
1.38%, 11/15/2031 | 12,360,000 | 10,105,748 | ||||||
1.50%, 02/15/2030 | 18,371,000 | 15,660,560 | ||||||
1.63%, 05/15/2031 | 8,034,000 | 6,777,746 | ||||||
1.88%, 02/15/2032 | 1,063,400 | 902,478 | ||||||
2.25%, 10/31/2024 - 11/15/2025 | 8,906,000 | 8,441,229 | ||||||
2.75%, 08/15/2032 | 8,876,500 | 8,053,690 | ||||||
2.88%, 05/15/2028 - 05/15/2032 | 37,045,000 | 34,700,383 | ||||||
3.38%, 05/15/2033 | 39,207,400 | 37,369,553 | ||||||
3.50%, 01/31/2028 - 02/15/2033 | 23,968,300 | 23,107,682 | ||||||
3.88%, 11/30/2027 - 09/30/2029 | 5,588,300 | 5,501,688 | ||||||
4.13%, 01/31/2025 - 11/15/2032 | 24,951,200 | 25,158,849 | ||||||
|
| |||||||
447,319,760 | ||||||||
|
|
Principal | Value | |||||||
U.S. GOVERNMENT OBLIGATIONS (continued) | ||||||||
U.S. Treasury Inflation-Protected Securities - 0.9% | ||||||||
U.S. Treasury Inflation-Protected Indexed Bonds | ||||||||
0.25%, 02/15/2050 | $ 14,196,446 | $ 9,570,678 | ||||||
U.S. Treasury Inflation-Protected Indexed Notes | ||||||||
0.13%, 07/15/2030 | 5,665,952 | 5,082,370 | ||||||
|
| |||||||
14,653,048 | ||||||||
|
| |||||||
Total U.S. Government Obligations |
| 461,972,808 | ||||||
|
| |||||||
COMMERCIAL PAPER - 2.3% | ||||||||
Banks - 1.7% | ||||||||
Bedford Row Funding Corp. | ||||||||
5.78% (L), 01/09/2024 (A) | 6,700,000 | 6,531,341 | ||||||
Macquarie Bank Ltd. | ||||||||
5.21% (L), 08/14/2023 (A) | 8,300,000 | 8,282,680 | ||||||
Svenska Handelsbanken AB | ||||||||
5.85% (L), 01/24/2024 (A) | 2,000,000 | 1,944,825 | ||||||
Toronto-Dominion Bank | ||||||||
5.38% (L), 09/06/2023 (A) | 11,000,000 | 10,940,205 | ||||||
|
| |||||||
27,699,051 | ||||||||
|
| |||||||
Financial Services - 0.5% | ||||||||
Barton Capital SA | ||||||||
5.64% (L), 10/24/2023 (A) | 1,400,000 | 1,381,886 | ||||||
Glencove Funding LLC | ||||||||
5.29% (L), 08/17/2023 (A) | 6,687,000 | 6,670,096 | ||||||
LMA-Americas LLC | ||||||||
5.19% (L), 08/11/2023 (A) | 500,000 | 499,177 | ||||||
|
| |||||||
8,551,159 | ||||||||
|
| |||||||
Health Care Providers & Services - 0.1% | ||||||||
Columbia Funding Co. LLC | ||||||||
5.17% (L), 08/10/2023 (A) | 1,200,000 | 1,198,219 | ||||||
|
| |||||||
Total Commercial Paper |
| 37,448,429 | ||||||
|
| |||||||
SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 2.4% | ||||||||
U.S. Treasury Bills | ||||||||
4.77% (L), 08/03/2023 | 5,120,000 | 5,118,504 | ||||||
4.79% (L), 09/07/2023 | 2,274,000 | 2,261,695 | ||||||
4.96% (L), 09/07/2023 | 1,934,000 | 1,923,535 | ||||||
5.19% (L), 08/03/2023 | 5,459,000 | 5,457,405 | ||||||
5.23% (L), 08/03/2023 | 1,935,000 | 1,934,434 | ||||||
5.29% (L), 09/07/2023 | 19,515,000 | 19,409,399 | ||||||
5.30% (L), 09/07/2023 - 09/14/2023 | 4,316,000 | 4,289,670 | ||||||
|
| |||||||
Total Short-Term U.S. Government Obligations |
| 40,394,642 | ||||||
|
| |||||||
Shares | Value | |||||||
OTHER INVESTMENT COMPANY - 0.9% | ||||||||
Securities Lending Collateral - 0.9% | ||||||||
State Street Navigator Securities Lending Trust - Government Money Market Portfolio, 5.28% (L) | 15,096,933 | 15,096,933 | ||||||
|
| |||||||
Total Other Investment Company |
| 15,096,933 | ||||||
|
|
Transamerica Funds | Page 10 |
Transamerica Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
REPURCHASE AGREEMENT - 3.0% | ||||||||
Fixed Income Clearing Corp., 2.50% (L), dated 07/31/2023, to be repurchased at $48,637,996 on 08/01/2023. Collateralized by a U.S. Government Obligation, 0.63%, due 07/31/2026, and with a value of $49,607,379. | $ 48,634,618 | $ 48,634,618 | ||||||
|
| |||||||
Total Repurchase Agreement |
| 48,634,618 | ||||||
|
| |||||||
Total Investments |
| 1,732,539,810 | ||||||
Net Other Assets (Liabilities) - (5.6)% | (91,497,406 | ) | ||||||
|
| |||||||
Net Assets - 100.0% | $ 1,641,042,404 | |||||||
|
|
Transamerica Funds | Page 11 |
Transamerica Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
INVESTMENT VALUATION:
Valuation Inputs (M)
Level 1 - Unadjusted Quoted Prices | Level 2 - Other Significant Observable Inputs | Level 3 - Significant Unobservable Inputs | Value | |||||||||||||
ASSETS |
| |||||||||||||||
Investments |
| |||||||||||||||
Asset-Backed Securities | $ | — | $ | 184,998,581 | $ | — | $ | 184,998,581 | ||||||||
Corporate Debt Securities | — | 664,978,922 | — | 664,978,922 | ||||||||||||
Foreign Government Obligations | — | 6,035,342 | — | 6,035,342 | ||||||||||||
Loan Assignment | — | 2,699,605 | — | 2,699,605 | ||||||||||||
Mortgage-Backed Securities | — | 159,117,197 | — | 159,117,197 | ||||||||||||
U.S. Government Agency Obligations | — | 111,162,733 | — | 111,162,733 | ||||||||||||
U.S. Government Obligations | — | 461,972,808 | — | 461,972,808 | ||||||||||||
Commercial Paper | — | 37,448,429 | — | 37,448,429 | ||||||||||||
Short-Term U.S. Government Obligations | — | 40,394,642 | — | 40,394,642 | ||||||||||||
Other Investment Company | 15,096,933 | — | — | 15,096,933 | ||||||||||||
Repurchase Agreement | — | 48,634,618 | — | 48,634,618 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | $ | 15,096,933 | $ | 1,717,442,877 | $ | — | $ | 1,732,539,810 | ||||||||
|
|
|
|
|
|
|
|
FOOTNOTES TO SCHEDULE OF INVESTMENTS:
(A) | 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, 2023, the total value of 144A securities is $634,812,929, representing 38.7% of the Fund’s net assets. | |
(B) | Floating or variable rate securities. The rates disclosed are as of July 31, 2023. 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. | |
(C) | Restricted security. At July 31, 2023, the value of such security held by the Fund is as follows: |
Investments | Description | Acquisition Date | Acquisition Cost | Value | Value as Percentage of Net Assets | |||||||||||||
Corporate Debt Securities | Embraer Netherlands Finance BV | 09/10/2020 | $ | 2,336,674 | $ | 2,377,407 | 0.1 | % |
(D) | All or a portion of the securities are on loan. The total value of all securities on loan is $14,783,328, collateralized by cash collateral of $15,096,933. 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. | |
(E) | Perpetual maturity. The date displayed is the next call date. | |
(F) | 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, 2023, the total value of Regulation S securities is $8,147,675, representing 0.5% of the Fund’s net assets. | |
(G) | Percentage rounds to less than 0.1% or (0.1)%. | |
(H) | Non-income producing securities. | |
(I) | Securities in default; no interest payments received and/or dividends declared during the last 12 months. At July 31, 2023, the total value of such securities is $49,750, representing less than 0.1% of the Fund’s net assets. | |
(J) | Step bonds. Coupon rates change in increments to maturity. The rates disclosed are as of July 31, 2023; the maturity dates disclosed are the ultimate maturity dates. | |
(K) | When-issued, delayed-delivery and/or forward commitment (including TBAs) securities. Securities to be settled and delivered after July 31, 2023. Securities may display a coupon rate of 0.00%, as the rate is to be determined at time of settlement. | |
(L) | Rates disclosed reflect the yields at July 31, 2023. | |
(M) | 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 ABBREVIATIONS:
LIBOR | London Interbank Offered Rate | |
REIT | Real Estate Investment Trust | |
SOFR | Secured Overnight Financing Rate | |
STRIPS | Separate Trading of Registered Interest and Principal of Securities | |
TBA | To Be Announced |
Transamerica Funds | Page 12 |
Transamerica Bond
NOTES TO SCHEDULE OF INVESTMENTS
At July 31, 2023
(unaudited)
INVESTMENT VALUATION
Transamerica Bond (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 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 13 |
Transamerica Bond
NOTES TO SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Mortgage-backed securities: The fair value of mortgage-backed securities is estimated based on models that consider issuer type, coupon, cash flows, mortgage prepayment projection tables and adjustable rate mortgage evaluations that incorporate index data, periodic life caps and the next coupon reset date. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they are categorized in Level 3.
U.S. government agency obligations: U.S. government agency obligations are comprised of two main categories consisting of agency issued debt and mortgage pass-throughs. Generally, agency issued debt securities are valued in a manner similar to U.S. government obligations. Mortgage pass-throughs include to be announced (“TBA”) securities and mortgage pass-through certificates. Generally, TBA securities and mortgage pass-throughs are valued using dealer quotations. Depending on market activity levels and whether quotations or other observable data are used, these securities are typically categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.
U.S. government obligations: U.S. government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. U.S. government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.
Commercial paper: Commercial paper is valued using amortized cost, which approximates fair value. The values are generally categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.
Short-term notes: The Fund normally values short-term government and U.S. government agency securities using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers and reference data. Certain securities are valued by principally using dealer quotations. Short-term government and U.S. government agency securities generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.
Securities lending collateral: Securities lending collateral is invested in a money market fund which is valued at the actively traded NAV and no valuation adjustments are applied. Securities lending collateral is categorized in Level 1 of the fair value hierarchy.
Repurchase agreements: Repurchase agreements are valued at cost, which approximates fair value. To the extent the inputs are observable and timely, the values are generally categorized in Level 2 of the fair value hierarchy.
Restricted securities: Restricted securities for which quotations are not readily available are valued at fair value. Restricted securities issued by publicly traded companies are generally valued at a discount to similar publicly traded securities. Restricted securities issued by nonpublic entities may be valued by reference to comparable public entities and/or fundamental data relating to the issuer. Depending on the relative significance of observable valuation inputs, these instruments may be classified in either Level 2 or Level 3 of the fair value hierarchy.
Transamerica Funds | Page 14 |