Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS
At July 31, 2023
(unaudited)
Principal | Value | |||||||
ASSET-BACKED SECURITIES - 9.5% | ||||||||
Apidos CLO XVIII | ||||||||
Series 2018-18A, Class A2, | ||||||||
3-Month Term SOFR + 1.66%, | $ 3,000,000 | $ 2,966,943 | ||||||
Apidos CLO XXV | ||||||||
Series 2016-25A, Class A1R, | ||||||||
3-Month Term SOFR + 1.43%, | 4,750,000 | 4,736,215 | ||||||
Atrium XIII | ||||||||
Series 13A, Class A1, | ||||||||
3-Month Term SOFR + 1.44%, | 2,961,903 | 2,956,276 | ||||||
Bain Capital Credit CLO Ltd. | ||||||||
Series 2017-1A, Class A1R, | ||||||||
3-Month Term SOFR + 1.23%, | 836,720 | 834,545 | ||||||
Barings CLO Ltd. | ||||||||
Series 2022-2A, Class A, | ||||||||
3-Month Term SOFR + 1.80%, | 5,050,000 | 5,060,161 | ||||||
Benefit Street Partners CLO IV Ltd. | ||||||||
Series 2014-IVA, Class ARRR, | ||||||||
3-Month Term SOFR + 1.44%, | 4,250,000 | 4,236,642 | ||||||
Benefit Street Partners CLO XX Ltd. | ||||||||
Series 2020-20A, Class BR, | ||||||||
3-Month Term SOFR + 1.96%, | 3,950,000 | 3,882,854 | ||||||
California Street CLO IX LP | ||||||||
Series 2012-9A, Class AR3, | ||||||||
6.67% (A), 07/16/2032 (B) | 2,040,000 | 2,028,515 | ||||||
CBAM Ltd. | ||||||||
Series 2018-5A, Class A, | ||||||||
3-Month Term SOFR + 1.28%, | 4,967,640 | 4,940,929 | ||||||
CIFC Funding Ltd. | ||||||||
Series 2014-3A, Class A1R2, | ||||||||
3-Month Term SOFR + 1.46%, | 4,330,000 | 4,323,072 | ||||||
Columbia Cent CLO 31 Ltd. | ||||||||
Series 2021-31A, Class B, | ||||||||
3-Month Term SOFR + 1.81%, | 10,000,000 | 9,705,790 | ||||||
Dryden 61 CLO Ltd. | ||||||||
Series 2018-61A, Class A1R, | ||||||||
3-Month Term SOFR + 1.25%, | 2,670,000 | 2,654,199 | ||||||
Dryden 83 CLO Ltd. | ||||||||
Series 2020-83A, Class A, | ||||||||
3-Month Term SOFR + 1.48%, | 1,900,000 | 1,896,337 | ||||||
LCM XXIV Ltd. | ||||||||
Series 24A, Class AR, | ||||||||
3-Month Term SOFR + 1.24%, | 776,493 | 768,771 | ||||||
Logan CLO II Ltd. | ||||||||
Series 2021-2A, Class B, | ||||||||
3-Month Term SOFR + 1.96%, | 2,500,000 | 2,466,793 | ||||||
Octagon Investment Partners 44 Ltd. | ||||||||
Series 2019-1A, Class BR, | ||||||||
3-Month Term SOFR + 1.96%, | 3,000,000 | 2,917,848 |
Principal | Value | |||||||
ASSET-BACKED SECURITIES (continued) | ||||||||
Rad CLO 5 Ltd. | ||||||||
Series 2019-5A, Class AR, | ||||||||
3-Month Term SOFR + 1.38%, | $ 8,500,000 | $ 8,462,795 | ||||||
Silver Rock CLO II Ltd. | ||||||||
Series 2021-2A, Class B1, | ||||||||
3-Month Term SOFR + 2.16%, | 2,298,000 | 2,223,892 | ||||||
Sixth Street CLO XX Ltd. | ||||||||
Series 2021-20A, Class B, | ||||||||
3-Month Term SOFR + 1.91%, | 1,000,000 | 984,795 | ||||||
Symphony CLO 36 Ltd. | ||||||||
Series 2022-36A, Class A1, | ||||||||
3-Month Term SOFR + 2.05%, | 3,000,000 | 3,016,359 | ||||||
TCI-Symphony CLO Ltd. | ||||||||
Series 2017-1A, Class AR, | ||||||||
3-Month Term SOFR + 1.19%, | 924,952 | 920,852 | ||||||
TCW CLO AMR Ltd. | ||||||||
Series 2019-1A, Class BR, | ||||||||
3-Month LIBOR + 1.75%, | 7,900,000 | 7,654,855 | ||||||
THL Credit Wind River CLO Ltd. | ||||||||
Series 2019-3A, Class AR, | ||||||||
3-Month Term SOFR + 1.34%, | 1,900,000 | 1,873,854 | ||||||
TICP CLO XII Ltd. | ||||||||
Series 2018-12A, Class BR, | ||||||||
3-Month Term SOFR + 1.91%, | 6,650,000 | 6,549,924 | ||||||
Verde CLO Ltd. | ||||||||
Series 2019-1A, Class AR, | ||||||||
3-Month Term SOFR + 1.36%, | 5,100,000 | 5,074,796 | ||||||
Voya CLO Ltd. | ||||||||
Series 2018-3A, Class A2, | ||||||||
3-Month Term SOFR + 1.66%, | 5,200,000 | 5,109,666 | ||||||
|
| |||||||
Total Asset-Backed Securities |
| 98,247,678 | ||||||
|
| |||||||
CORPORATE DEBT SECURITIES - 43.0% | ||||||||
Aerospace & Defense - 0.2% | ||||||||
Boeing Co. | ||||||||
5.15%, 05/01/2030 | 725,000 | 718,307 | ||||||
L3Harris Technologies, Inc. | ||||||||
5.40%, 07/31/2033 | 193,000 | 194,223 | ||||||
Lockheed Martin Corp. | ||||||||
4.45%, 05/15/2028 | 139,000 | 137,665 | ||||||
Rolls-Royce PLC | ||||||||
5.75%, 10/15/2027 (B) | 210,000 | 207,002 | ||||||
Spirit AeroSystems, Inc. | ||||||||
7.50%, 04/15/2025 (B) | 427,000 | 426,799 | ||||||
|
| |||||||
1,683,996 | ||||||||
|
| |||||||
Air Freight & Logistics - 0.0% (C) | ||||||||
Cargo Aircraft Management, Inc. | ||||||||
4.75%, 02/01/2028 (B) | 544,000 | 483,811 | ||||||
|
| |||||||
Automobiles - 0.8% | ||||||||
BMW US Capital LLC | ||||||||
3.90%, 04/09/2025 (B) | 851,000 | 831,461 | ||||||
Ford Motor Co. | ||||||||
4.75%, 01/15/2043 | 272,000 | 212,830 |
Transamerica Funds | Page 1 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Automobiles (continued) | ||||||||
Ford Motor Credit Co. LLC | ||||||||
4.00%, 11/13/2030 | $ 200,000 | $ 171,807 | ||||||
4.95%, 05/28/2027 | 350,000 | 332,058 | ||||||
6.80%, 05/12/2028 | 725,000 | 731,693 | ||||||
General Motors Financial Co., Inc. | ||||||||
2.75%, 06/20/2025 | 260,000 | 246,454 | ||||||
5.80%, 06/23/2028 | 123,000 | 123,422 | ||||||
Harley-Davidson Financial Services, Inc. | ||||||||
6.50%, 03/10/2028 (B) | 127,000 | 128,182 | ||||||
Hyundai Capital America | ||||||||
5.80%, 06/26/2025 (B) | 88,000 | 88,043 | ||||||
Hyundai Capital Services, Inc. | ||||||||
1.25%, 02/08/2026 (D) | 1,750,000 | 1,570,714 | ||||||
Mercedes-Benz Finance North America LLC | ||||||||
4.80%, 03/30/2028 (B) | 150,000 | 148,190 | ||||||
5.10%, 08/03/2028 (B) | 222,000 | 221,738 | ||||||
Toyota Motor Corp. | ||||||||
0.10%, 03/27/2026 | JPY 500,000,000 | 3,496,227 | ||||||
|
| |||||||
8,302,819 | ||||||||
|
| |||||||
Banks - 13.6% | ||||||||
ABN AMRO Bank NV | ||||||||
4.25%, 02/21/2030 (D) | EUR 1,700,000 | 1,867,599 | ||||||
ABQ Finance Ltd. | ||||||||
1.88%, 09/08/2025 (D) | $ 1,500,000 | 1,380,780 | ||||||
Abu Dhabi Commercial Bank PJSC | ||||||||
4.50%, 09/14/2027 (D) | 900,000 | 876,537 | ||||||
Australia & New Zealand Banking Group Ltd. | ||||||||
Fixed until 06/15/2026 (E), | 563,000 | 561,097 | ||||||
Banco de Credito del Peru SA | ||||||||
2.70%, 01/11/2025 (D) | 1,350,000 | 1,292,629 | ||||||
Banco de Credito e Inversiones SA | ||||||||
3.50%, 10/12/2027 (D) | 1,500,000 | 1,383,513 | ||||||
Banco General SA | ||||||||
4.13%, 08/07/2027 (D) | 1,360,000 | 1,290,353 | ||||||
Banco Santander SA | ||||||||
Fixed until 03/24/2026, | EUR 1,800,000 | 1,787,512 | ||||||
2.71%, 06/27/2024 | $ 400,000 | 388,228 | ||||||
6.92%, 08/08/2033 | 1,800,000 | 1,800,000 | ||||||
Bank Hapoalim BM | ||||||||
Fixed until 10/21/2026, | 220,000 | 188,443 | ||||||
Bank of America Corp. | ||||||||
Fixed until 10/27/2025, | EUR 1,950,000 | 2,035,731 | ||||||
Fixed until 10/22/2024, | $ 852,000 | 818,587 | ||||||
Fixed until 03/08/2032, | 70,000 | 60,313 | ||||||
Fixed until 02/07/2029, | 738,000 | 686,004 | ||||||
Fixed until 04/27/2032, | 835,000 | 784,449 | ||||||
Bank of China Ltd. | ||||||||
5.00%, 11/13/2024 (D) | 1,350,000 | 1,331,667 | ||||||
Bank of Montreal | ||||||||
1.50%, 01/10/2025 | 661,000 | 623,308 | ||||||
Bank of Nova Scotia | ||||||||
Fixed until 02/04/2032, | 237,000 | 204,798 | ||||||
Fixed until 06/04/2025 (E), | 1,187,000 | 1,124,413 | ||||||
BankUnited, Inc. | ||||||||
4.88%, 11/17/2025 | 223,000 | 210,726 | ||||||
5.13%, 06/11/2030 | 2,011,000 | 1,632,189 |
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Banks (continued) | ||||||||
Banque Federative du Credit Mutuel SA | ||||||||
1.75%, 03/15/2029 (D) | EUR 1,000,000 | $ 964,675 | ||||||
Barclays PLC | ||||||||
Fixed until 08/09/2028, | 1,250,000 | 1,123,612 | ||||||
Fixed until 01/29/2033, | 1,500,000 | 1,679,943 | ||||||
Fixed until 12/15/2025 (E), | $ 2,500,000 | 2,283,794 | ||||||
BBVA Bancomer SA | ||||||||
1.88%, 09/18/2025 (D) | 1,000,000 | 919,190 | ||||||
Fixed until 06/29/2033, | 1,500,000 | 1,527,375 | ||||||
BNP Paribas SA | ||||||||
Fixed until 04/17/2028, | EUR 2,000,000 | 1,898,661 | ||||||
Fixed until 06/30/2026, | $ 200,000 | 178,198 | ||||||
CBQ Finance Ltd. | ||||||||
2.00%, 05/12/2026 (D) | 1,450,000 | 1,312,203 | ||||||
Citigroup, Inc. | ||||||||
4.45%, 09/29/2027 | 438,000 | 420,803 | ||||||
Fixed until 05/24/2032, | 800,000 | 773,151 | ||||||
Fixed until 09/29/2025, | 400,000 | 399,107 | ||||||
Fixed until 05/25/2033, | 1,013,000 | 1,027,511 | ||||||
Citizens Financial Group, Inc. | ||||||||
2.64%, 09/30/2032 | 300,000 | 221,623 | ||||||
Credit Agricole SA | ||||||||
Fixed until 01/26/2026, | 500,000 | 446,516 | ||||||
3.88%, 11/28/2034 (D) | EUR 1,900,000 | 2,064,797 | ||||||
5.59%, 07/05/2026 (B) | $ 254,000 | 254,035 | ||||||
Danske Bank AS | ||||||||
Fixed until 09/10/2024, | 565,000 | 534,087 | ||||||
Fixed until 02/17/2026, | EUR 1,950,000 | 1,983,245 | ||||||
Fixed until 12/20/2024, | $ 593,000 | 566,636 | ||||||
Fixed until 06/26/2025 (E), | 500,000 | 478,537 | ||||||
DBS Group Holdings Ltd. | ||||||||
Fixed until 03/10/2026, | 980,000 | 880,744 | ||||||
Deutsche Bank AG | ||||||||
Fixed until 11/19/2024, | EUR 2,000,000 | 2,092,815 | ||||||
Fixed until 01/07/2027, | $ 150,000 | 131,732 | ||||||
Fixed until 09/05/2029, | EUR 2,000,000 | 2,169,097 | ||||||
Fixed until 01/18/2028, | $ 585,000 | 595,131 | ||||||
Fixed until 11/10/2032, | 2,423,000 | 2,332,418 | ||||||
DnB Bank ASA | ||||||||
Fixed until 09/21/2026, | EUR 1,950,000 | 2,088,725 | ||||||
Emirates NBD Bank PJSC | ||||||||
2.63%, 02/18/2025 (D) | $ 1,400,000 | 1,332,898 | ||||||
Fifth Third Bancorp | ||||||||
Fixed until 07/27/2028, | 36,000 | 36,633 |
Transamerica Funds | Page 2 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Banks (continued) | ||||||||
Fifth Third Bank NA | ||||||||
Fixed until 10/27/2024, |
| $ 250,000 |
|
| $ 246,072 |
| ||
First Horizon Bank | ||||||||
5.75%, 05/01/2030 (F) |
| 250,000 |
|
| 222,785 |
| ||
Goldman Sachs Group, Inc. | ||||||||
1.25%, 02/07/2029 (D) |
| EUR 4,000,000 |
|
| 3,750,308 |
| ||
Fixed until 09/10/2026, |
| $ 717,000 |
|
| 632,551 |
| ||
Fixed until 07/21/2031, |
| 757,000 |
|
| 604,436 |
| ||
Hana Bank | ||||||||
4.25%, 10/14/2024 (D) |
| 1,850,000 |
|
| 1,801,780 |
| ||
HSBC Holdings PLC | ||||||||
Fixed until 11/22/2026, |
| 450,000 |
|
| 402,332 |
| ||
Fixed until 03/10/2027, |
| EUR 2,000,000 |
|
| 2,225,573 |
| ||
Fixed until 03/09/2028, |
| $ 200,000 |
|
| 202,539 |
| ||
Fixed until 06/20/2033, |
| 4,400,000 |
|
| 4,396,565 |
| ||
Industrial & Commercial Bank of China Ltd. | ||||||||
4.88%, 09/21/2025 (D) |
| 900,000 |
|
| 881,858 |
| ||
Industrial & Commercial Bank of China Macau Ltd. | ||||||||
Fixed until 09/12/2024, |
| 940,000 |
|
| 907,495 |
| ||
ING Groep NV | ||||||||
Fixed until 09/03/2024, |
| EUR 2,000,000 |
|
| 2,101,959 |
| ||
Fixed until 07/01/2025, |
| $ 200,000 |
|
| 183,054 |
| ||
Fixed until 11/16/2026 (E), |
| 2,050,000 |
|
| 1,840,497 |
| ||
Intesa Sanpaolo SpA | ||||||||
Fixed until 06/20/2053, |
| 200,000 |
|
| 202,230 |
| ||
JPMorgan Chase & Co. | ||||||||
Fixed until 03/23/2029, |
| EUR 1,700,000 |
|
| 1,671,357 |
| ||
Fixed until 11/08/2031, |
| $ 893,000 |
|
| 732,395 |
| ||
Fixed until 05/01/2027, |
| 650,000 |
|
| 608,220 |
| ||
Fixed until 04/26/2025, |
| 343,000 |
|
| 334,890 |
| ||
4.13%, 12/15/2026 |
| 200,000 |
|
| 192,514 |
| ||
Fixed until 09/14/2032, |
| 398,000 |
|
| 403,870 |
| ||
KBC Group NV | ||||||||
Fixed until 01/21/2027, |
| EUR 1,900,000 |
|
| 1,859,773 |
| ||
KeyBank NA | ||||||||
5.85%, 11/15/2027 |
| $ 250,000 |
|
| 244,971 |
| ||
Kookmin Bank | ||||||||
2.50%, 11/04/2030 (D) |
| 2,050,000 |
|
| 1,666,617 |
| ||
Lloyds Banking Group PLC | ||||||||
Fixed until 08/24/2029, |
| EUR 1,950,000 |
|
| 1,989,180 |
| ||
Fixed until 09/27/2029 (E), |
| $ 371,000 |
|
| 347,256 |
| ||
Macquarie Bank Ltd. | ||||||||
Fixed until 03/08/2027 (E), |
| 830,000 |
|
| 759,596 |
| ||
Mitsubishi UFJ Financial Group, Inc. | ||||||||
Fixed until 03/07/2026, |
| JPY 600,000,000 |
|
| 4,221,789 |
| ||
2.19%, 02/25/2025 |
| $ 744,000 |
|
| 704,104 |
|
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Banks (continued) | ||||||||
Mizuho Financial Group, Inc. | ||||||||
Fixed until 09/13/2024, |
| $ 655,000 |
|
| $ 628,092 |
| ||
Fixed until 07/06/2028, |
| 393,000 |
|
| 394,535 |
| ||
Morgan Stanley | ||||||||
Fixed until 10/21/2024, |
| 199,000 |
|
| 187,032 |
| ||
Fixed until 07/20/2026, |
| 96,000 |
|
| 85,268 |
| ||
Fixed until 05/08/2025, |
| EUR 1,700,000 |
|
| 1,794,628 |
| ||
Fixed until 04/01/2030, |
| $ 677,000 |
|
| 608,098 |
| ||
Fixed until 01/25/2033, |
| EUR 1,950,000 |
|
| 2,250,935 |
| ||
Fixed until 04/20/2032, |
| $ 78,000 |
|
| 73,905 |
| ||
National Australia Bank Ltd. | ||||||||
6.43%, 01/12/2033 (B) |
| 329,000 |
|
| 334,770 |
| ||
National Bank of Canada | ||||||||
Fixed until 11/15/2023, |
| 642,000 |
|
| 631,493 |
| ||
NatWest Group PLC | ||||||||
Fixed until 06/28/2031 (E), |
| 562,000 |
|
| 399,258 |
| ||
Fixed until 12/29/2025 (E), |
| 1,875,000 |
|
| 1,754,719 |
| ||
NatWest Markets PLC | ||||||||
3.48%, 03/22/2025 (B) |
| 333,000 |
|
| 321,136 |
| ||
4.25%, 01/13/2028 (D) |
| EUR 1,950,000 |
|
| 2,141,260 |
| ||
NBK SPC Ltd. | ||||||||
Fixed until 09/15/2026, |
| $ 1,500,000 |
|
| 1,338,909 |
| ||
Nykredit Realkredit AS | ||||||||
4.00%, 07/17/2028 (D) |
| EUR 1,900,000 |
|
| 2,047,905 |
| ||
QNB Finance Ltd. | ||||||||
3.50%, 03/28/2024 (D) |
| $ 1,350,000 |
|
| 1,326,375 |
| ||
Royal Bank of Canada | ||||||||
4.90%, 01/12/2028 |
| 325,000 |
|
| 321,060 |
| ||
Shanghai Commercial Bank Ltd. | ||||||||
Fixed until 01/17/2024, |
| 950,000 |
|
| 941,592 |
| ||
Shinhan Bank Co. Ltd. | ||||||||
4.50%, 03/26/2028 (D) |
| 1,400,000 |
|
| 1,316,809 |
| ||
Signature Bank | ||||||||
Fixed until 10/15/2025, |
| 929,000 |
|
| 13,228 |
| ||
SNB Funding Ltd. | ||||||||
2.75%, 10/02/2024 (D) |
| 1,400,000 |
|
| 1,346,296 |
| ||
Societe Generale SA | ||||||||
Fixed until 12/02/2026, |
| EUR 1,500,000 |
|
| 1,451,179 |
| ||
Fixed until 04/21/2025, |
| 1,000,000 |
|
| 1,038,918 |
| ||
Fixed until 11/18/2030 (E), |
| $ 1,765,000 |
|
| 1,407,764 |
| ||
Fixed until 11/22/2027 (E), |
| 290,000 |
|
| 295,031 |
| ||
Standard Chartered PLC | ||||||||
Fixed until 01/14/2026, |
| 1,500,000 |
|
| 1,339,977 |
| ||
Fixed until 08/15/2027 (E), |
| 1,350,000 |
|
| 1,343,783 |
| ||
Fixed until 08/15/2027 (E), |
| 1,000,000 |
|
| 995,395 |
| ||
Sumitomo Mitsui Financial Group, Inc. | ||||||||
Fixed until 06/08/2026, |
| JPY 400,000,000 |
|
| 2,800,224 |
| ||
0.85%, 09/12/2024 |
| 100,000,000 |
|
| 704,284 |
| ||
6.18%, 07/13/2043 |
| $ 1,063,000 |
|
| 1,103,994 |
|
Transamerica Funds | Page 3 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Banks (continued) | ||||||||
Swedbank AB | ||||||||
1.30%, 02/17/2027 (D) | EUR 1,950,000 | $ 1,930,931 | ||||||
Texas Capital Bancshares, Inc. | ||||||||
Fixed until 05/06/2026, | $ 500,000 | 399,663 | ||||||
Toronto-Dominion Bank | ||||||||
2.55%, 08/03/2027 (D) | EUR 1,950,000 | 2,023,754 | ||||||
3.63%, 12/13/2029 (D) | 1,950,000 | 2,084,743 | ||||||
UBS Group AG | ||||||||
Fixed until 05/12/2027, | $ 475,000 | 454,989 | ||||||
UniCredit SpA | ||||||||
Fixed until 06/03/2024 (E), | 1,000,000 | 986,250 | ||||||
United Overseas Bank Ltd. | ||||||||
Fixed until 10/14/2026, | 1,500,000 | 1,318,680 | ||||||
Valley National Bancorp | ||||||||
Fixed until 06/15/2026, | 250,000 | 205,418 | ||||||
Wells Fargo & Co. | ||||||||
1.00%, 02/02/2027 (D) | EUR 1,700,000 | 1,674,157 | ||||||
Fixed until 05/04/2029, | 1,950,000 | 1,862,558 | ||||||
3.00%, 02/19/2025 | $ 625,000 | 601,429 | ||||||
4.30%, 07/22/2027 | 542,000 | 521,508 | ||||||
Westpac Banking Corp. | ||||||||
Fixed until 09/21/2027 (E), | 1,550,000 | 1,383,375 | ||||||
Zions Bancorp NA | ||||||||
3.25%, 10/29/2029 | 575,000 | 450,996 | ||||||
|
| |||||||
140,021,637 | ||||||||
|
| |||||||
Beverages - 0.2% | ||||||||
Anheuser-Busch InBev Worldwide, Inc. | ||||||||
3.50%, 06/01/2030 | 650,000 | 599,770 | ||||||
Becle SAB de CV | ||||||||
2.50%, 10/14/2031 (D) | 1,650,000 | 1,306,011 | ||||||
Brown-Forman Corp. | ||||||||
4.75%, 04/15/2033 | 89,000 | 89,119 | ||||||
Constellation Brands, Inc. | ||||||||
4.35%, 05/09/2027 | 69,000 | 67,378 | ||||||
PepsiCo, Inc. | ||||||||
2.25%, 03/19/2025 | 409,000 | 391,027 | ||||||
|
| |||||||
2,453,305 | ||||||||
|
| |||||||
Biotechnology - 0.1% | ||||||||
AbbVie, Inc. | ||||||||
3.20%, 11/21/2029 | 797,000 | 721,300 | ||||||
Amgen, Inc. | ||||||||
5.25%, 03/02/2033 | 319,000 | 318,204 | ||||||
Royalty Pharma PLC | ||||||||
2.15%, 09/02/2031 (F) | 319,000 | 249,230 | ||||||
|
| |||||||
1,288,734 | ||||||||
|
| |||||||
Broadline Retail - 0.5% | ||||||||
El Puerto de Liverpool SAB de CV | ||||||||
3.88%, 10/06/2026 (D) | 1,630,000 | 1,534,971 | ||||||
LS Finance Ltd. | ||||||||
4.88%, 07/15/2024 (D) | 2,300,000 | 2,179,250 | ||||||
Prosus NV | ||||||||
3.68%, 01/21/2030 (D) | 1,000,000 | 853,350 | ||||||
4.03%, 08/03/2050 (D) | 850,000 | 544,873 | ||||||
Walmart, Inc. | ||||||||
3.95%, 09/09/2027 | 400,000 | 392,652 | ||||||
|
| |||||||
5,505,096 | ||||||||
|
|
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Building Products - 0.3% | ||||||||
AGC, Inc. | ||||||||
0.23%, 10/10/2025 | JPY 200,000,000 | $ 1,403,601 | ||||||
LBM Acquisition LLC | ||||||||
6.25%, 01/15/2029 (B) | $ 600,000 | 517,350 | ||||||
Park River Holdings, Inc. | ||||||||
6.75%, 08/01/2029 (B) | 380,000 | 307,847 | ||||||
PGT Innovations, Inc. | ||||||||
4.38%, 10/01/2029 (B) | 300,000 | 278,292 | ||||||
Specialty Building Products Holdings LLC/SBP Finance Corp. | ||||||||
6.38%, 09/30/2026 (B) | 205,000 | 195,098 | ||||||
Standard Industries, Inc. | ||||||||
3.38%, 01/15/2031 (B) | 520,000 | 419,987 | ||||||
Trane Technologies Financing Ltd. | ||||||||
5.25%, 03/03/2033 | 62,000 | 62,449 | ||||||
|
| |||||||
3,184,624 | ||||||||
|
| |||||||
Capital Markets - 1.2% | ||||||||
AG Issuer LLC | ||||||||
6.25%, 03/01/2028 (B) | 420,000 | 405,121 | ||||||
Aretec Escrow Issuer, Inc. | ||||||||
7.50%, 04/01/2029 (B) | 465,000 | 418,742 | ||||||
Charles Schwab Corp. | ||||||||
2.45%, 03/03/2027 | 58,000 | 52,359 | ||||||
Huarong Finance Co. Ltd. | ||||||||
2.13%, 09/30/2023 (D) | 1,700,000 | 1,683,252 | ||||||
3.25%, 11/13/2024 (D) | 200,000 | 189,073 | ||||||
3.75%, 05/29/2024 (D) | 2,050,000 | 1,987,826 | ||||||
4.50%, 05/29/2029 (D) | 200,000 | 163,000 | ||||||
4.75%, 04/27/2027 (D) | 500,000 | 437,531 | ||||||
Huarong Finance II Co. Ltd. | ||||||||
4.63%, 06/03/2026 (D) | 500,000 | 449,810 | ||||||
ION Trading Technologies SARL | ||||||||
5.75%, 05/15/2028 (B) | 450,000 | 391,500 | ||||||
Jefferies Financial Group, Inc. | ||||||||
5.88%, 07/21/2028 | 152,000 | 151,584 | ||||||
LPL Holdings, Inc. | ||||||||
4.00%, 03/15/2029 (B) | 209,000 | 187,324 | ||||||
NFP Corp. | ||||||||
4.88%, 08/15/2028 (B) | 419,000 | 376,840 | ||||||
Nomura Holdings, Inc. | ||||||||
0.60%, 09/05/2025 | JPY 600,000,000 | 4,214,472 | ||||||
SURA Asset Management SA | ||||||||
4.88%, 04/17/2024 (D) | $ 1,350,000 | 1,330,493 | ||||||
|
| |||||||
12,438,927 | ||||||||
|
| |||||||
Chemicals - 1.0% | ||||||||
Albemarle Corp. | ||||||||
5.05%, 06/01/2032 (F) | 80,000 | 76,468 | ||||||
Asahi Kasei Corp. | ||||||||
0.23%, 12/05/2025 | JPY 500,000,000 | 3,507,917 | ||||||
Braskem Netherlands Finance BV | ||||||||
4.50%, 01/10/2028 (D) | $ 1,000,000 | 918,103 | ||||||
Consolidated Energy Finance SA | ||||||||
5.63%, 10/15/2028 (B) | 530,000 | 457,512 | ||||||
Eastman Chemical Co. | ||||||||
5.75%, 03/08/2033 | 140,000 | 139,623 | ||||||
Ecolab, Inc. | ||||||||
5.25%, 01/15/2028 | 336,000 | 341,446 | ||||||
FMC Corp. | ||||||||
5.15%, 05/18/2026 | 32,000 | 31,622 | ||||||
ICL Group Ltd. | ||||||||
6.38%, 05/31/2038 (D) | 880,000 | 888,800 | ||||||
MEGlobal BV | ||||||||
2.63%, 04/28/2028 (D) | 1,500,000 | 1,316,052 | ||||||
Methanex Corp. | ||||||||
5.13%, 10/15/2027 | 300,000 | 283,057 |
Transamerica Funds | Page 4 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Chemicals (continued) | ||||||||
Minerals Technologies, Inc. | ||||||||
5.00%, 07/01/2028 (B) | $ 269,000 | $ 248,614 | ||||||
Nutrien Ltd. | ||||||||
4.90%, 03/27/2028 | 319,000 | 313,463 | ||||||
Olympus Water US Holding Corp. | ||||||||
9.75%, 11/15/2028 (B) | 345,000 | 333,788 | ||||||
Orbia Advance Corp. SAB de CV | ||||||||
5.88%, 09/17/2044 (D) | 1,000,000 | 888,429 | ||||||
RPM International, Inc. | ||||||||
4.55%, 03/01/2029 | 773,000 | 730,445 | ||||||
Trinseo Materials Operating SCA/Trinseo Materials Finance, Inc. | ||||||||
5.13%, 04/01/2029 (B) | 406,000 | 238,696 | ||||||
|
| |||||||
10,714,035 | ||||||||
|
| |||||||
Commercial Services & Supplies - 0.5% | ||||||||
Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 SARL | ||||||||
4.63%, 06/01/2028 (B) | 425,000 | 361,250 | ||||||
Covanta Holding Corp. | ||||||||
5.00%, 09/01/2030 | 435,000 | 376,275 | ||||||
Deluxe Corp. | ||||||||
8.00%, 06/01/2029 (B) | 323,000 | 271,320 | ||||||
Garda World Security Corp. | ||||||||
6.00%, 06/01/2029 (B) | 300,000 | 249,646 | ||||||
9.50%, 11/01/2027 (B) | 95,000 | 92,991 | ||||||
Prime Security Services Borrower LLC/Prime Finance, Inc. | ||||||||
5.75%, 04/15/2026 (B) | 245,000 | 240,194 | ||||||
PROG Holdings, Inc. | ||||||||
6.00%, 11/15/2029 (B) | 427,000 | 386,533 | ||||||
Republic Services, Inc. | ||||||||
5.00%, 04/01/2034 | 148,000 | 146,866 | ||||||
Siemens Financieringsmaatschappij NV | ||||||||
3.25%, 05/27/2025 (B) | 677,000 | 654,669 | ||||||
Sotheby’s/Bidfair Holdings, Inc. | ||||||||
5.88%, 06/01/2029 (B) | 650,000 | 504,159 | ||||||
Triton Container International Ltd. | ||||||||
3.15%, 06/15/2031 (B) | 637,000 | 490,391 | ||||||
Upbound Group, Inc. | ||||||||
6.38%, 02/15/2029 (B) | 480,000 | 440,405 | ||||||
Waste Connections, Inc. | ||||||||
4.25%, 12/01/2028 | 438,000 | 422,830 | ||||||
Waste Management, Inc. | ||||||||
4.63%, 02/15/2030 | 59,000 | 58,177 | ||||||
4.88%, 02/15/2034 | 246,000 | 242,956 | ||||||
|
| |||||||
4,938,662 | ||||||||
|
| |||||||
Communications Equipment - 0.1% | ||||||||
Xiaomi Best Time International Ltd. | ||||||||
2.88%, 07/14/2031 (D) | 1,150,000 | 884,855 | ||||||
|
| |||||||
Construction & Engineering - 0.4% | ||||||||
Celestial Miles Ltd. | ||||||||
Fixed until 01/31/2024 (E), | 3,550,000 | 3,495,685 | ||||||
Jacobs Engineering Group, Inc. | ||||||||
5.90%, 03/01/2033 | 69,000 | 68,124 | ||||||
Mattamy Group Corp. | ||||||||
5.25%, 12/15/2027 (B) | 415,000 | 392,394 | ||||||
VM Consolidated, Inc. | ||||||||
5.50%, 04/15/2029 (B) | 416,000 | 381,688 | ||||||
|
| |||||||
4,337,891 | ||||||||
|
|
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Construction Materials - 0.1% | ||||||||
Cemex SAB de CV | ||||||||
Fixed until 03/14/2028 (E), | $ 350,000 | $ 364,722 | ||||||
West China Cement Ltd. | ||||||||
4.95%, 07/08/2026 (D) | 550,000 | 413,930 | ||||||
|
| |||||||
778,652 | ||||||||
|
| |||||||
Consumer Finance - 0.4% | ||||||||
American Express Co. | ||||||||
3.40%, 02/22/2024 | 200,000 | 197,264 | ||||||
4.20%, 11/06/2025 | 168,000 | 164,017 | ||||||
Bread Financial Holdings, Inc. | ||||||||
4.75%, 12/15/2024 (B) | 346,000 | 336,424 | ||||||
Capital One Financial Corp. | ||||||||
3.75%, 07/28/2026 | 175,000 | 165,083 | ||||||
Curo Group Holdings Corp. | ||||||||
7.50%, 08/01/2028 (B) | 293,000 | 66,711 | ||||||
Enova International, Inc. | ||||||||
8.50%, 09/15/2025 (B) (F) | 448,000 | 441,325 | ||||||
goeasy Ltd. | ||||||||
4.38%, 05/01/2026 (B) | 250,000 | 228,241 | ||||||
John Deere Capital Corp. | ||||||||
4.95%, 06/06/2025 | 118,000 | 117,942 | ||||||
LFS Topco LLC | ||||||||
5.88%, 10/15/2026 (B) | 185,000 | 164,760 | ||||||
Mastercard, Inc. | ||||||||
2.00%, 03/03/2025 | 481,000 | 458,594 | ||||||
OneMain Finance Corp. | ||||||||
5.38%, 11/15/2029 | 410,000 | 355,329 | ||||||
Synchrony Financial | ||||||||
4.50%, 07/23/2025 | 1,178,000 | 1,121,604 | ||||||
|
| |||||||
3,817,294 | ||||||||
|
| |||||||
Consumer Staples Distribution & Retail - 0.3% | ||||||||
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP | ||||||||
5.88%, 02/15/2028 (B) | 370,000 | 360,287 | ||||||
C&S Group Enterprises LLC | ||||||||
5.00%, 12/15/2028 (B) | 801,000 | 620,067 | ||||||
Cencosud SA | ||||||||
4.38%, 07/17/2027 (D) | 1,390,000 | 1,320,783 | ||||||
Performance Food Group, Inc. | ||||||||
5.50%, 10/15/2027 (B) | 325,000 | 314,666 | ||||||
Windsor Holdings III LLC | ||||||||
8.50%, 06/15/2030 (B) | 205,000 | 206,025 | ||||||
|
| |||||||
2,821,828 | ||||||||
|
| |||||||
Containers & Packaging - 0.4% | ||||||||
Amcor Finance USA, Inc. | ||||||||
5.63%, 05/26/2033 | 178,000 | 177,458 | ||||||
Amcor Flexibles North America, Inc. | ||||||||
2.69%, 05/25/2031 | 478,000 | 391,289 | ||||||
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC | ||||||||
3.25%, 09/01/2028 (B) | 484,000 | 418,170 | ||||||
Ball Corp. | ||||||||
2.88%, 08/15/2030 | 136,000 | 112,092 | ||||||
Clydesdale Acquisition Holdings, Inc. | ||||||||
6.63%, 04/15/2029 (B) | 190,000 | 181,767 | ||||||
Crown Americas LLC | ||||||||
5.25%, 04/01/2030 (F) | 337,000 | 321,522 | ||||||
LABL, Inc. | ||||||||
5.88%, 11/01/2028 (B) | 472,000 | 430,112 | ||||||
9.50%, 11/01/2028 (B) | 15,000 | 15,375 |
Transamerica Funds | Page 5 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Containers & Packaging (continued) | ||||||||
Mauser Packaging Solutions Holding Co. | ||||||||
7.88%, 08/15/2026 (B) | $ 191,000 | $ 189,905 | ||||||
Sealed Air Corp. | ||||||||
5.00%, 04/15/2029 (B) | 128,000 | 119,483 | ||||||
Sealed Air Corp./Sealed Air Corp. US | ||||||||
6.13%, 02/01/2028 (B) | 26,000 | 25,887 | ||||||
Silgan Holdings, Inc. | ||||||||
4.13%, 02/01/2028 | 315,000 | 286,264 | ||||||
Sonoco Products Co. | ||||||||
1.80%, 02/01/2025 | 980,000 | 920,525 | ||||||
|
| |||||||
3,589,849 | ||||||||
|
| |||||||
Diversified Consumer Services - 0.2% | ||||||||
Nationwide Building Society | ||||||||
3.25%, 09/05/2029 (D) | EUR 2,100,000 | 2,190,128 | ||||||
|
| |||||||
Diversified REITs - 0.5% | ||||||||
HAT Holdings I LLC/HAT Holdings II LLC | ||||||||
3.38%, 06/15/2026 (B) | $ 325,000 | 293,999 | ||||||
6.00%, 04/15/2025 (B) | 230,000 | 226,333 | ||||||
Scentre Group Trust 2 | ||||||||
Fixed until 06/24/2026, | 3,400,000 | 3,056,256 | ||||||
Trust Fibra Uno | ||||||||
4.87%, 01/15/2030 (D) | 1,050,000 | 952,337 | ||||||
6.39%, 01/15/2050 (D) | 570,000 | 470,184 | ||||||
|
| |||||||
4,999,109 | ||||||||
|
| |||||||
Diversified Telecommunication Services - 1.2% | ||||||||
AT&T, Inc. | ||||||||
4.10%, 02/15/2028 | 876,000 | 832,654 | ||||||
5.40%, 02/15/2034 | 123,000 | 121,072 | ||||||
Chindata Group Holdings Ltd. | ||||||||
10.50%, 02/23/2026 (D) | 1,800,000 | 1,796,470 | ||||||
Cogent Communications Group, Inc. | ||||||||
7.00%, 06/15/2027 (B) | 305,000 | 294,380 | ||||||
Connect Finco SARL/Connect US Finco LLC | ||||||||
6.75%, 10/01/2026 (B) | 609,000 | 583,442 | ||||||
Iliad Holding SASU | ||||||||
7.00%, 10/15/2028 (B) | 420,000 | 394,319 | ||||||
Network i2i Ltd. | ||||||||
Fixed until 03/03/2026 (E), | 600,000 | 543,000 | ||||||
Fixed until 01/15/2025 (E), | 2,900,000 | 2,839,100 | ||||||
NTT Finance Corp. | ||||||||
0.18%, 12/19/2025 | JPY 600,000,000 | 4,207,275 | ||||||
Verizon Communications, Inc. | ||||||||
4.02%, 12/03/2029 | $ 876,000 | 816,521 | ||||||
5.05%, 05/09/2033 | 130,000 | 127,540 | ||||||
|
| |||||||
12,555,773 | ||||||||
|
| |||||||
Electric Utilities - 2.4% | ||||||||
AES Corp. | ||||||||
5.45%, 06/01/2028 | 124,000 | 122,804 | ||||||
American Electric Power Co., Inc. | ||||||||
5.63%, 03/01/2033 | 180,000 | 183,020 | ||||||
5.70%, 08/15/2025 | 146,000 | 145,600 | ||||||
Atlantica Sustainable Infrastructure PLC | ||||||||
4.13%, 06/15/2028 (B) | 443,000 | 401,053 | ||||||
Avangrid, Inc. | ||||||||
3.20%, 04/15/2025 | 706,000 | 673,785 | ||||||
Berkshire Hathaway Energy Co. | ||||||||
3.25%, 04/15/2028 | 438,000 | 404,364 | ||||||
Clean Renewable Power Mauritius Pte Ltd. | ||||||||
4.25%, 03/25/2027 (D) | 883,500 | 784,106 |
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Electric Utilities (continued) | ||||||||
Colbun SA | ||||||||
3.95%, 10/11/2027 (D) | $ 1,390,000 | $ 1,314,448 | ||||||
Diamond II Ltd. | ||||||||
7.95%, 07/28/2026 (D) | 450,000 | 446,617 | ||||||
7.95%, 07/28/2026 (B) | 375,000 | 372,181 | ||||||
DTE Energy Co. | ||||||||
4.88%, 06/01/2028 | 181,000 | 178,680 | ||||||
Edison International | ||||||||
Fixed until 03/15/2028, | 525,000 | 538,020 | ||||||
Electricite de France SA | ||||||||
5.70%, 05/23/2028 (B) | 211,000 | 212,355 | ||||||
Fixed until 03/15/2033 (E), | 1,473,000 | 1,548,491 | ||||||
Enel Chile SA | ||||||||
4.88%, 06/12/2028 | 920,000 | 885,334 | ||||||
Enel Finance International NV | ||||||||
3.50%, 04/06/2028 (B) | 300,000 | 274,654 | ||||||
India Clean Energy Holdings | ||||||||
4.50%, 04/18/2027 (D) (F) | 1,100,000 | 923,856 | ||||||
Israel Electric Corp. Ltd. | ||||||||
3.75%, 02/22/2032 (D) | 1,000,000 | 846,902 | ||||||
Kallpa Generacion SA | ||||||||
4.13%, 08/16/2027 (D) | 1,000,000 | 935,216 | ||||||
Kansai Electric Power Co., Inc. | ||||||||
0.46%, 04/23/2027 | JPY 400,000,000 | 2,809,160 | ||||||
LLPL Capital Pte Ltd. | ||||||||
6.88%, 02/04/2039 (D) | $ 2,350,618 | 2,158,019 | ||||||
Metropolitan Edison Co. | ||||||||
5.20%, 04/01/2028 (B) | 213,000 | 211,582 | ||||||
Minejesa Capital BV | ||||||||
4.63%, 08/10/2030 (D) | 1,200,000 | 1,098,000 | ||||||
National Rural Utilities Cooperative Finance Corp. | ||||||||
1.88%, 02/07/2025 | 264,000 | 250,074 | ||||||
Fixed until 06/15/2028, | 2,000,000 | 2,016,641 | ||||||
3-Month Term SOFR + 3.17%, | 733,000 | 709,999 | ||||||
NextEra Energy Capital Holdings, Inc. | ||||||||
6.05%, 03/01/2025 | 88,000 | 88,631 | ||||||
Ohio Power Co. | ||||||||
5.00%, 06/01/2033 | 71,000 | 69,979 | ||||||
Origin Energy Finance Ltd. | ||||||||
2.65%, 11/11/2027 | AUD 830,000 | 522,332 | ||||||
Pacific Gas & Electric Co. | ||||||||
4.95%, 06/08/2025 | $ 239,000 | 233,170 | ||||||
Pattern Energy Operations LP/Pattern Energy Operations, Inc. | ||||||||
4.50%, 08/15/2028 (B) | 255,000 | 231,698 | ||||||
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara | ||||||||
3.88%, 07/17/2029 (D) | 950,000 | 874,728 | ||||||
Public Service Co. of Colorado | ||||||||
3.70%, 06/15/2028 | 625,000 | 588,938 | ||||||
Southern California Edison Co. | ||||||||
1.10%, 04/01/2024 | 868,000 | 840,497 | ||||||
Southwestern Electric Power Co. | ||||||||
5.30%, 04/01/2033 | 80,000 | 79,032 | ||||||
Union Electric Co. | ||||||||
2.95%, 06/15/2027 | 158,000 | 147,207 | ||||||
Vistra Operations Co. LLC | ||||||||
5.00%, 07/31/2027 (B) | 487,000 | 460,008 | ||||||
Wisconsin Power & Light Co. | ||||||||
4.95%, 04/01/2033 | 64,000 | 63,064 | ||||||
|
| |||||||
24,644,245 | ||||||||
|
|
Transamerica Funds | Page 6 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Electrical Equipment - 0.0% (C) | ||||||||
EnerSys | ||||||||
4.38%, 12/15/2027 (B) | $ 256,000 | $ 237,440 | ||||||
|
| |||||||
Electronic Equipment, Instruments & Components - 0.1% | ||||||||
Agilent Technologies, Inc. | ||||||||
2.30%, 03/12/2031 | 337,000 | 276,907 | ||||||
Honeywell International, Inc. | ||||||||
1.75%, 09/01/2031 | 239,000 | 191,131 | ||||||
4.25%, 01/15/2029 | 129,000 | 126,083 | ||||||
Imola Merger Corp. | ||||||||
4.75%, 05/15/2029 (B) | 436,000 | 383,381 | ||||||
Jabil, Inc. | ||||||||
5.45%, 02/01/2029 | 61,000 | 60,701 | ||||||
Trimble, Inc. | ||||||||
4.75%, 12/01/2024 | 54,000 | 53,095 | ||||||
6.10%, 03/15/2033 | 55,000 | 55,822 | ||||||
TTM Technologies, Inc. | ||||||||
4.00%, 03/01/2029 (B) | 283,000 | 240,214 | ||||||
Vontier Corp. | ||||||||
2.95%, 04/01/2031 | 102,000 | 80,931 | ||||||
|
| |||||||
1,468,265 | ||||||||
|
| |||||||
Energy Equipment & Services - 0.8% | ||||||||
Archrock Partners LP/Archrock Partners Finance Corp. | ||||||||
6.88%, 04/01/2027 (B) | 297,000 | 289,571 | ||||||
Continuum Energy Levanter Pte Ltd. | ||||||||
4.50%, 02/09/2027 (D) | 930,000 | 864,727 | ||||||
Greenko Solar Mauritius Ltd. | ||||||||
5.55%, 01/29/2025 (D) | 900,000 | 869,850 | ||||||
Greenko Wind Projects Mauritius Ltd. | ||||||||
5.50%, 04/06/2025 (D) | 3,000,000 | 2,922,000 | ||||||
Halliburton Co. | ||||||||
4.75%, 08/01/2043 | 239,000 | 209,809 | ||||||
4.85%, 11/15/2035 | 51,000 | 48,113 | ||||||
India Green Energy Holdings | ||||||||
5.38%, 04/29/2024 (D) | 1,400,000 | 1,373,329 | ||||||
India Green Power Holdings | ||||||||
4.00%, 02/22/2027 (D) | 750,000 | 670,331 | ||||||
Nabors Industries, Inc. | ||||||||
7.38%, 05/15/2027 (B) | 188,000 | 183,860 | ||||||
Schlumberger Holdings Corp. | ||||||||
3.90%, 05/17/2028 (B) | 200,000 | 190,125 | ||||||
USA Compression Partners LP/USA Compression Finance Corp. | ||||||||
6.88%, 04/01/2026 | 251,000 | 248,742 | ||||||
Valaris Ltd. | ||||||||
8.38%, 04/30/2030 (B) | 315,000 | 322,875 | ||||||
|
| |||||||
8,193,332 | ||||||||
|
| |||||||
Entertainment - 0.0% (C) | ||||||||
Netflix, Inc. | ||||||||
4.88%, 04/15/2028 | 438,000 | 432,809 | ||||||
|
| |||||||
Financial Services - 1.2% | ||||||||
Avolon Holdings Funding Ltd. | ||||||||
6.38%, 05/04/2028 (B) | 324,000 | 322,253 | ||||||
Burford Capital Global Finance LLC | ||||||||
6.25%, 04/15/2028 (B) | 255,000 | 235,875 | ||||||
Capstone Borrower, Inc. | ||||||||
8.00%, 06/15/2030 (B) | 350,000 | 346,504 | ||||||
CMB International Leasing Management Ltd. | ||||||||
1.25%, 09/16/2024 (D) | 950,000 | 900,353 |
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Financial Services (continued) | ||||||||
Cobra AcquisitionCo LLC | ||||||||
6.38%, 11/01/2029 (B) | $ 410,000 | $ 278,800 | ||||||
Enact Holdings, Inc. | ||||||||
6.50%, 08/15/2025 (B) | 558,000 | 552,473 | ||||||
FirstCash, Inc. | ||||||||
5.63%, 01/01/2030 (B) | 350,000 | 323,045 | ||||||
JA Mitsui Leasing Ltd. | ||||||||
0.15%, 09/06/2024 | JPY 500,000,000 | 3,511,891 | ||||||
Mitsubishi HC Capital, Inc. | ||||||||
0.22%, 01/23/2025 | 500,000,000 | 3,510,036 | ||||||
Power Finance Corp. Ltd. | ||||||||
3.95%, 04/23/2030 (D) (F) | $ 1,450,000 | 1,298,172 | ||||||
Shriram Finance Ltd. | ||||||||
4.40%, 03/13/2024 (D) | 600,000 | 589,800 | ||||||
|
| |||||||
11,869,202 | ||||||||
|
| |||||||
Food Products - 0.8% | ||||||||
General Mills, Inc. | ||||||||
4.95%, 03/29/2033 | 86,000 | 84,944 | ||||||
Grupo Bimbo SAB de CV | ||||||||
4.00%, 09/06/2049 (D) | 1,150,000 | 936,397 | ||||||
Hershey Co. | ||||||||
4.25%, 05/04/2028 | 64,000 | 63,304 | ||||||
Hormel Foods Corp. | ||||||||
0.65%, 06/03/2024 | 234,000 | 224,496 | ||||||
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc. | ||||||||
6.50%, 12/01/2052 (D) | 500,000 | 489,650 | ||||||
Land O’Lakes, Inc. | ||||||||
7.00%, 09/18/2028 (B) (E) | 4,470,000 | 3,665,400 | ||||||
Mars, Inc. | ||||||||
4.65%, 04/20/2031 (B) | 80,000 | 78,920 | ||||||
McCormick & Co., Inc. | ||||||||
4.95%, 04/15/2033 | 69,000 | 67,705 | ||||||
Nestle Holdings, Inc. | ||||||||
3.50%, 09/24/2025 (B) | 561,000 | 542,392 | ||||||
5.25%, 03/13/2026 (B) | 153,000 | 154,241 | ||||||
Post Holdings, Inc. | ||||||||
4.50%, 09/15/2031 (B) | 205,000 | 174,320 | ||||||
Sigma Alimentos SA de CV | ||||||||
4.13%, 05/02/2026 (D) | 950,000 | 900,128 | ||||||
Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc. | ||||||||
4.63%, 03/01/2029 (B) | 483,000 | 403,305 | ||||||
Smithfield Foods, Inc. | ||||||||
5.20%, 04/01/2029 (B) | 121,000 | 111,937 | ||||||
|
| |||||||
7,897,139 | ||||||||
|
| |||||||
Gas Utilities - 0.2% | ||||||||
Ferrellgas LP/Ferrellgas Finance Corp. | ||||||||
5.38%, 04/01/2026 (B) | 415,000 | 390,706 | ||||||
Grupo Energia Bogota SA ESP | ||||||||
4.88%, 05/15/2030 (D) | 1,000,000 | 915,000 | ||||||
KeySpan Gas East Corp. | ||||||||
5.99%, 03/06/2033 (B) | 169,000 | 169,278 | ||||||
Promigas SA ESP/Gases del Pacifico SAC | ||||||||
3.75%, 10/16/2029 (D) | 450,000 | 385,530 | ||||||
Spire Missouri, Inc. | ||||||||
4.80%, 02/15/2033 | 86,000 | 84,215 | ||||||
|
| |||||||
1,944,729 | ||||||||
|
| |||||||
Ground Transportation - 0.4% | ||||||||
AerCap Global Aviation Trust | ||||||||
Fixed until 06/15/2025, | 330,000 | 322,248 |
Transamerica Funds | Page 7 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Ground Transportation (continued) | ||||||||
Canadian Pacific Railway Co. | ||||||||
1.35%, 12/02/2024 | $ 432,000 | $ 408,097 | ||||||
CSX Corp. | ||||||||
3.25%, 06/01/2027 | 200,000 | 188,586 | ||||||
East Japan Railway Co. | ||||||||
0.21%, 10/14/2025 | JPY 500,000,000 | 3,509,327 | ||||||
|
| |||||||
4,428,258 | ||||||||
|
| |||||||
Health Care Equipment & Supplies - 0.1% | ||||||||
GE HealthCare Technologies, Inc. | ||||||||
5.65%, 11/15/2027 | $ 597,000 | 608,049 | ||||||
Medline Borrower LP | ||||||||
3.88%, 04/01/2029 (B) | 205,000 | 179,489 | ||||||
5.25%, 10/01/2029 (B) | 445,000 | 393,197 | ||||||
|
| |||||||
1,180,735 | ||||||||
|
| |||||||
Health Care Providers & Services - 0.4% | ||||||||
Cardinal Health, Inc. | ||||||||
4.60%, 03/15/2043 | 319,000 | 264,600 | ||||||
CHS/Community Health Systems, Inc. | ||||||||
5.63%, 03/15/2027 (B) | 605,000 | 538,510 | ||||||
CVS Health Corp. | ||||||||
4.78%, 03/25/2038 | 478,000 | 440,607 | ||||||
DaVita, Inc. | ||||||||
4.63%, 06/01/2030 (B) | 395,000 | 336,383 | ||||||
HCA, Inc. | ||||||||
3.38%, 03/15/2029 (B) | 49,000 | 43,537 | ||||||
3.50%, 09/01/2030 | 565,000 | 496,327 | ||||||
Legacy LifePoint Health LLC | ||||||||
4.38%, 02/15/2027 (B) | 410,000 | 353,609 | ||||||
Molina Healthcare, Inc. | ||||||||
3.88%, 11/15/2030 (B) | 375,000 | 320,732 | ||||||
Roche Holdings, Inc. | ||||||||
2.13%, 03/10/2025 (B) | 461,000 | 439,641 | ||||||
Select Medical Corp. | ||||||||
6.25%, 08/15/2026 (B) | 368,000 | 364,855 | ||||||
UnitedHealth Group, Inc. | ||||||||
3.75%, 07/15/2025 | 707,000 | 688,982 | ||||||
|
| |||||||
4,287,783 | ||||||||
|
| |||||||
Health Care REITs - 0.0% (C) | ||||||||
Omega Healthcare Investors, Inc. | ||||||||
3.38%, 02/01/2031 | 325,000 | 260,925 | ||||||
|
| |||||||
Hotel & Resort REITs - 0.1% | ||||||||
Service Properties Trust | ||||||||
4.38%, 02/15/2030 | 267,000 | 198,648 | ||||||
4.75%, 10/01/2026 | 109,000 | 95,405 | ||||||
5.25%, 02/15/2026 | 246,000 | 224,579 | ||||||
|
| |||||||
518,632 | ||||||||
|
| |||||||
Hotels, Restaurants & Leisure - 2.3% | ||||||||
AMC Entertainment Holdings, Inc. | ||||||||
7.50%, 02/15/2029 (B) (F) | 218,000 | 150,420 | ||||||
Banijay Entertainment SASU | ||||||||
5.38%, 03/01/2025 (B) | 335,000 | 327,452 | ||||||
Brinker International, Inc. | ||||||||
5.00%, 10/01/2024 (B) | 375,000 | 368,809 | ||||||
Carnival Corp. | ||||||||
5.75%, 03/01/2027 (B) | 991,000 | 916,754 | ||||||
6.00%, 05/01/2029 (B) | 120,000 | 107,867 | ||||||
10.50%, 06/01/2030 (B) | 320,000 | 338,505 | ||||||
CEC Entertainment LLC | ||||||||
6.75%, 05/01/2026 (B) | 523,000 | 502,905 | ||||||
Fortune Star BVI Ltd. | ||||||||
6.85%, 07/02/2024 (D) | 1,025,000 | 968,625 |
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Hotels, Restaurants & Leisure (continued) | ||||||||
GENM Capital Labuan Ltd. | ||||||||
3.88%, 04/19/2031 (D) | $ 1,790,000 | $ 1,458,487 | ||||||
Gohl Capital Ltd. | ||||||||
4.25%, 01/24/2027 (D) | 930,000 | 872,317 | ||||||
Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, Inc. | ||||||||
4.88%, 07/01/2031 (B) | 597,000 | 510,319 | ||||||
Hyatt Hotels Corp. | ||||||||
5.75%, 01/30/2027 | 81,000 | 81,274 | ||||||
Marriott International, Inc. | ||||||||
2.85%, 04/15/2031 | 478,000 | 404,092 | ||||||
4.90%, 04/15/2029 | 62,000 | 60,766 | ||||||
McDonald’s Corp. | ||||||||
3.30%, 07/01/2025 | 625,000 | 603,843 | ||||||
Meituan | ||||||||
3.05%, 10/28/2030 (D) | 1,160,000 | 931,647 | ||||||
Melco Resorts Finance Ltd. | ||||||||
4.88%, 06/06/2025 (D) | 1,900,000 | 1,813,483 | ||||||
5.25%, 04/26/2026 (D) | 1,050,000 | 984,406 | ||||||
5.38%, 12/04/2029 (B) | 222,000 | 188,882 | ||||||
NCL Corp. Ltd. | ||||||||
3.63%, 12/15/2024 (B) | 365,000 | 350,516 | ||||||
5.88%, 03/15/2026 (B) | 385,000 | 364,320 | ||||||
Royal Caribbean Cruises Ltd. | ||||||||
4.25%, 07/01/2026 (B) | 730,000 | 678,594 | ||||||
Sands China Ltd. | ||||||||
3.35%, 03/08/2029 | 500,000 | 430,438 | ||||||
4.30%, 01/08/2026 | 1,200,000 | 1,140,256 | ||||||
5.90%, 08/08/2028 | 1,200,000 | 1,168,024 | ||||||
SeaWorld Parks & Entertainment, Inc. | ||||||||
5.25%, 08/15/2029 (B) | 550,000 | 495,000 | ||||||
Studio City Finance Ltd. | ||||||||
5.00%, 01/15/2029 (D) | 2,050,000 | 1,579,299 | ||||||
6.00%, 07/15/2025 (D) | 1,500,000 | 1,417,500 | ||||||
6.50%, 01/15/2028 (D) | 200,000 | 170,000 | ||||||
Travel & Leisure Co. | ||||||||
6.00%, 04/01/2027 | 240,000 | 232,834 | ||||||
Warnermedia Holdings, Inc. | ||||||||
3.64%, 03/15/2025 | 60,000 | 57,980 | ||||||
4.28%, 03/15/2032 | 103,000 | 91,230 | ||||||
5.05%, 03/15/2042 | 300,000 | 249,535 | ||||||
6.41%, 03/15/2026 | 188,000 | 188,269 | ||||||
Wynn Macau Ltd. | ||||||||
5.50%, 01/15/2026 (D) | 3,050,000 | 2,872,015 | ||||||
5.63%, 08/26/2028 (D) | 200,000 | 177,820 | ||||||
|
| |||||||
23,254,483 | ||||||||
|
| |||||||
Independent Power & Renewable Electricity Producers - 0.1% | ||||||||
Calpine Corp. | ||||||||
3.75%, 03/01/2031 (B) | 137,000 | 112,298 | ||||||
5.00%, 02/01/2031 (B) | 538,000 | 453,147 | ||||||
NRG Energy, Inc. | ||||||||
3.63%, 02/15/2031 (B) | 285,000 | 223,669 | ||||||
5.25%, 06/15/2029 (B) | 315,000 | 284,281 | ||||||
|
| |||||||
1,073,395 | ||||||||
|
| |||||||
Industrial Conglomerates - 0.3% | ||||||||
West Nippon Expressway Co. Ltd. | ||||||||
0.08%, 10/15/2024 | JPY 500,000,000 | 3,513,509 | ||||||
|
| |||||||
Insurance - 0.7% | ||||||||
Americo Life, Inc. | ||||||||
3.45%, 04/15/2031 (B) | $ 280,000 | 210,606 |
Transamerica Funds | Page 8 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Insurance (continued) | ||||||||
Assurant, Inc. | ||||||||
Fixed until 03/27/2028, | $ 1,100,000 | $ 1,070,177 | ||||||
Athene Global Funding | ||||||||
1.73%, 10/02/2026 (B) | 332,000 | 287,703 | ||||||
Enstar Finance LLC | ||||||||
Fixed until 09/01/2025, | 1,700,000 | 1,484,957 | ||||||
Enstar Group Ltd. | ||||||||
4.95%, 06/01/2029 | 425,000 | 397,882 | ||||||
F&G Global Funding | ||||||||
0.90%, 09/20/2024 (B) | 629,000 | 588,145 | ||||||
Jones Deslauriers Insurance Management, Inc. | ||||||||
8.50%, 03/15/2030 (B) | 378,000 | 385,567 | ||||||
Liberty Mutual Group, Inc. | ||||||||
4.30%, 02/01/2061 (B) | 2,022,000 | 1,257,422 | ||||||
NMI Holdings, Inc. | ||||||||
7.38%, 06/01/2025 (B) | 160,000 | 161,572 | ||||||
Northwestern Mutual Global Funding | ||||||||
4.35%, 09/15/2027 (B) | 120,000 | 116,862 | ||||||
Ryan Specialty LLC | ||||||||
4.38%, 02/01/2030 (B) | 270,000 | 238,866 | ||||||
Security Benefit Global Funding | ||||||||
1.25%, 05/17/2024 (B) | 254,000 | 242,702 | ||||||
Willis North America, Inc. | ||||||||
4.65%, 06/15/2027 | 266,000 | 257,879 | ||||||
|
| |||||||
6,700,340 | ||||||||
|
| |||||||
Interactive Media & Services - 0.1% | ||||||||
Alphabet, Inc. | ||||||||
0.45%, 08/15/2025 | 450,000 | 413,940 | ||||||
Tencent Holdings Ltd. | ||||||||
2.39%, 06/03/2030 (D) | 1,050,000 | 873,909 | ||||||
|
| |||||||
1,287,849 | ||||||||
|
| |||||||
Internet & Catalog Retail - 0.3% | ||||||||
Alibaba Group Holding Ltd. | ||||||||
4.20%, 12/06/2047 | 1,130,000 | 880,955 | ||||||
Amazon.com, Inc. | ||||||||
2.80%, 08/22/2024 | 989,000 | 962,528 | ||||||
3.30%, 04/13/2027 | 134,000 | 127,679 | ||||||
4.65%, 12/01/2029 | 542,000 | 542,427 | ||||||
Expedia Group, Inc. | ||||||||
2.95%, 03/15/2031 | 279,000 | 234,883 | ||||||
GrubHub Holdings, Inc. | ||||||||
5.50%, 07/01/2027 (B) | 446,000 | 315,545 | ||||||
|
| |||||||
3,064,017 | ||||||||
|
| |||||||
IT Services - 0.1% | ||||||||
Ahead DB Holdings LLC | ||||||||
6.63%, 05/01/2028 (B) | 550,000 | 474,501 | ||||||
Leidos, Inc. | ||||||||
5.75%, 03/15/2033 | 94,000 | 94,020 | ||||||
|
| |||||||
568,521 | ||||||||
|
| |||||||
Leisure Products - 0.0% (C) | ||||||||
Ontario Gaming GTA LP | ||||||||
8.00%, 08/01/2030 (B) (G) | 250,000 | 252,500 | ||||||
|
| |||||||
Machinery - 0.5% | ||||||||
Caterpillar Financial Services Corp. | ||||||||
3.60%, 08/12/2027 | 808,000 | 777,586 | ||||||
4.35%, 05/15/2026 | 48,000 | 47,369 | ||||||
5.40%, 03/10/2025 | 188,000 | 188,980 |
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Machinery (continued) | ||||||||
Daimler Truck Finance North America LLC | ||||||||
5.13%, 01/19/2028 (B) | $ 150,000 | $ 149,017 | ||||||
IHI Corp. | ||||||||
0.35%, 09/03/2025 | JPY 400,000,000 | 2,806,564 | ||||||
John Deere Capital Corp. | ||||||||
0.45%, 06/07/2024 | $ 783,000 | 749,934 | ||||||
4.95%, 07/14/2028 | 83,000 | 83,560 | ||||||
nVent Finance SARL | ||||||||
2.75%, 11/15/2031 | 356,000 | 282,817 | ||||||
Weir Group PLC | ||||||||
2.20%, 05/13/2026 (B) | 259,000 | 233,050 | ||||||
|
| |||||||
5,318,877 | ||||||||
|
| |||||||
Media - 0.6% | ||||||||
Altice Financing SA | ||||||||
5.00%, 01/15/2028 (B) | 680,000 | 525,765 | ||||||
Belo Corp. | ||||||||
7.25%, 09/15/2027 | 750,000 | 738,750 | ||||||
Block Communications, Inc. | ||||||||
4.88%, 03/01/2028 (B) | 364,000 | 304,716 | ||||||
Cable One, Inc. | ||||||||
4.00%, 11/15/2030 (B) (F) | 400,000 | 316,280 | ||||||
CCO Holdings LLC/CCO Holdings Capital Corp. | ||||||||
4.50%, 08/15/2030 (B) | 995,000 | 841,898 | ||||||
7.38%, 03/01/2031 (B) | 500,000 | 497,118 | ||||||
Charter Communications Operating LLC/Charter Communications Operating Capital | ||||||||
2.80%, 04/01/2031 | 500,000 | 404,176 | ||||||
3.50%, 06/01/2041 | 200,000 | 134,682 | ||||||
Comcast Corp. | ||||||||
3.40%, 04/01/2030 | 85,000 | 77,860 | ||||||
4.15%, 10/15/2028 | 371,000 | 359,115 | ||||||
COX Communications, Inc. | ||||||||
5.45%, 09/15/2028 (B) | 120,000 | 119,836 | ||||||
CSC Holdings LLC | ||||||||
5.75%, 01/15/2030 (B) | 1,005,000 | 520,320 | ||||||
Paramount Global | ||||||||
Fixed until 03/30/2027, | 242,000 | 199,517 | ||||||
Sirius XM Radio, Inc. | ||||||||
4.00%, 07/15/2028 (B) | 420,000 | 365,435 | ||||||
Univision Communications, Inc. | ||||||||
6.63%, 06/01/2027 (B) | 455,000 | 443,062 | ||||||
UPC Broadband Finco BV | ||||||||
4.88%, 07/15/2031 (B) | 294,000 | 246,914 | ||||||
|
| |||||||
6,095,444 | ||||||||
|
| |||||||
Metals & Mining - 1.1% | ||||||||
Anglo American Capital PLC | ||||||||
4.75%, 03/16/2052 (D) | 1,080,000 | 887,591 | ||||||
5.50%, 05/02/2033 (B) | 450,000 | 441,360 | ||||||
Antofagasta PLC | ||||||||
5.63%, 05/13/2032 (D) | 900,000 | 896,389 | ||||||
ATI, Inc. | ||||||||
4.88%, 10/01/2029 | 185,000 | 168,354 | ||||||
Chalco Hong Kong Investment Co. Ltd. | ||||||||
1.55%, 07/28/2024 (D) | 950,000 | 910,091 | ||||||
Cleveland-Cliffs, Inc. | ||||||||
4.63%, 03/01/2029 (B) (F) | 363,000 | 332,368 | ||||||
Commercial Metals Co. | ||||||||
3.88%, 02/15/2031 | 382,000 | 331,629 | ||||||
Enviri Corp. | ||||||||
5.75%, 07/31/2027 (B) | 590,000 | 509,613 |
Transamerica Funds | Page 9 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Metals & Mining (continued) | ||||||||
FMG Resources August 2006 Pty Ltd. | ||||||||
4.50%, 09/15/2027 (B) | $ 350,000 | $ 327,180 | ||||||
Gold Fields Orogen Holdings BVI Ltd. | ||||||||
5.13%, 05/15/2024 (D) | 900,000 | 891,144 | ||||||
6.13%, 05/15/2029 (D) | 900,000 | 909,427 | ||||||
GTL Trade Finance, Inc. | ||||||||
7.25%, 04/16/2044 (D) | 400,000 | 430,957 | ||||||
GUSAP III LP | ||||||||
4.25%, 01/21/2030 (D) | 950,000 | 880,788 | ||||||
Hudbay Minerals, Inc. | ||||||||
6.13%, 04/01/2029 (B) | 340,000 | 325,713 | ||||||
JSW Steel Ltd. | ||||||||
5.05%, 04/05/2032 (D) | 400,000 | 325,578 | ||||||
Minera Mexico SA de CV | ||||||||
4.50%, 01/26/2050 (D) | 1,120,000 | 890,275 | ||||||
Mineral Resources Ltd. | ||||||||
8.13%, 05/01/2027 (B) | 315,000 | 315,277 | ||||||
POSCO | ||||||||
4.38%, 08/04/2025 (D) | 1,550,000 | 1,509,509 | ||||||
South32 Treasury Ltd. | ||||||||
4.35%, 04/14/2032 (B) | 607,000 | 530,950 | ||||||
|
| |||||||
11,814,193 | ||||||||
|
| |||||||
Mortgage Real Estate Investment Trusts - 0.1% | ||||||||
Apollo Commercial Real Estate Finance, Inc. | ||||||||
4.63%, 06/15/2029 (B) | 555,000 | 444,685 | ||||||
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp. | ||||||||
4.25%, 02/01/2027 (B) | 413,000 | 371,543 | ||||||
Starwood Property Trust, Inc. | ||||||||
4.38%, 01/15/2027 (B) | 568,000 | 504,100 | ||||||
|
| |||||||
1,320,328 | ||||||||
|
| |||||||
Multi-Utilities - 0.0% (C) | ||||||||
NiSource, Inc. | ||||||||
5.40%, 06/30/2033 | 79,000 | 79,580 | ||||||
|
| |||||||
Oil, Gas & Consumable Fuels - 3.3% | ||||||||
Antero Midstream Partners LP/Antero Midstream Finance Corp. | ||||||||
5.75%, 01/15/2028 (B) | 237,000 | 227,891 | ||||||
Antero Resources Corp. | ||||||||
5.38%, 03/01/2030 (B) | 225,000 | 209,798 | ||||||
Apache Corp. | ||||||||
4.38%, 10/15/2028 | 449,000 | 413,654 | ||||||
BP Capital Markets America, Inc. | ||||||||
3.00%, 02/24/2050 | 558,000 | 384,365 | ||||||
4.89%, 09/11/2033 | 544,000 | 537,896 | ||||||
Buckeye Partners LP | ||||||||
4.50%, 03/01/2028 (B) | 202,000 | 182,438 | ||||||
Chevron Corp. | ||||||||
2.24%, 05/11/2030 | 400,000 | 345,691 | ||||||
Chevron USA, Inc. | ||||||||
3.90%, 11/15/2024 | 587,000 | 576,808 | ||||||
Chord Energy Corp. | ||||||||
6.38%, 06/01/2026 (B) | 160,000 | 158,785 | ||||||
Civitas Resources, Inc. | ||||||||
5.00%, 10/15/2026 (B) | 288,000 | 271,800 | ||||||
8.38%, 07/01/2028 (B) | 130,000 | 133,713 | ||||||
8.75%, 07/01/2031 (B) | 290,000 | 300,150 | ||||||
Comstock Resources, Inc. | ||||||||
5.88%, 01/15/2030 (B) | 185,000 | 163,759 | ||||||
6.75%, 03/01/2029 (B) | 40,000 | 37,311 | ||||||
Crescent Energy Finance LLC | ||||||||
7.25%, 05/01/2026 (B) | 374,000 | 368,584 | ||||||
9.25%, 02/15/2028 (B) | 103,000 | 104,772 |
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Oil, Gas & Consumable Fuels (continued) | ||||||||
Diamondback Energy, Inc. | ||||||||
4.40%, 03/24/2051 | $ 239,000 | $ 190,832 | ||||||
DT Midstream, Inc. | ||||||||
4.38%, 06/15/2031 (B) | 225,000 | 195,326 | ||||||
Earthstone Energy Holdings LLC | ||||||||
8.00%, 04/15/2027 (B) | 376,000 | 372,096 | ||||||
9.88%, 07/15/2031 (B) | 174,000 | 179,506 | ||||||
eG Global Finance PLC | ||||||||
6.75%, 02/07/2025 (B) | 461,000 | 452,762 | ||||||
EIG Pearl Holdings SARL | ||||||||
3.55%, 08/31/2036 (D) | 500,000 | 422,566 | ||||||
4.39%, 11/30/2046 (D) | 1,100,000 | 857,727 | ||||||
Energy Transfer LP | ||||||||
4.95%, 05/15/2028 | 438,000 | 428,168 | ||||||
Fixed until 11/15/2026 (E), | 2,346,000 | 2,124,730 | ||||||
EnLink Midstream Partners LP | ||||||||
3-Month LIBOR + 4.11%, | 1,400,000 | 1,204,000 | ||||||
Enterprise Products Operating LLC | ||||||||
5.35%, 01/31/2033 | 39,000 | 39,746 | ||||||
EQM Midstream Partners LP | ||||||||
7.50%, 06/01/2027 - 06/01/2030 (B) | 337,000 | 346,626 | ||||||
EQT Corp. | ||||||||
3.63%, 05/15/2031 (B) (F) | 296,000 | 256,525 | ||||||
Galaxy Pipeline Assets Bidco Ltd. | ||||||||
2.63%, 03/31/2036 (D) | 1,100,000 | 889,550 | ||||||
2.94%, 09/30/2040 (D) | 569,910 | 459,655 | ||||||
Genesis Energy LP/Genesis Energy Finance Corp. | ||||||||
6.25%, 05/15/2026 | 56,000 | 53,430 | ||||||
8.00%, 01/15/2027 | 262,000 | 257,627 | ||||||
8.88%, 04/15/2030 | 455,000 | 453,840 | ||||||
GNL Quintero SA | ||||||||
4.63%, 07/31/2029 (D) | 1,147,200 | 1,110,155 | ||||||
Greensaif Pipelines Bidco SARL | ||||||||
6.13%, 02/23/2038 (D) | 1,270,000 | 1,305,314 | ||||||
Harvest Midstream I LP | ||||||||
7.50%, 09/01/2028 (B) | 504,000 | 495,323 | ||||||
Hilcorp Energy I LP/Hilcorp Finance Co. | ||||||||
6.00%, 02/01/2031 (B) | 590,000 | 534,354 | ||||||
Holly Energy Partners LP/Holly Energy Finance Corp. | ||||||||
5.00%, 02/01/2028 (B) | 529,000 | 494,811 | ||||||
Howard Midstream Energy Partners LLC | ||||||||
6.75%, 01/15/2027 (B) | 509,000 | 490,959 | ||||||
8.88%, 07/15/2028 (B) | 170,000 | 173,842 | ||||||
Indika Energy Capital IV Pte Ltd. | ||||||||
8.25%, 10/22/2025 (D) | 2,750,000 | 2,734,296 | ||||||
ITT Holdings LLC | ||||||||
6.50%, 08/01/2029 (B) | 450,000 | 384,877 | ||||||
Medco Oak Tree Pte Ltd. | ||||||||
7.38%, 05/14/2026 (D) | 1,489,000 | 1,464,767 | ||||||
Medco Platinum Road Pte Ltd. | ||||||||
6.75%, 01/30/2025 (D) | 1,200,000 | 1,188,278 | ||||||
Murphy Oil USA, Inc. | ||||||||
4.75%, 09/15/2029 | 360,000 | 330,124 | ||||||
NGL Energy Operating LLC/NGL Energy Finance Corp. | ||||||||
7.50%, 02/01/2026 (B) | 320,000 | 317,063 | ||||||
NGL Energy Partners LP/NGL Energy Finance Corp. | ||||||||
6.13%, 03/01/2025 | 340,000 | 332,905 | ||||||
NuStar Logistics LP | ||||||||
6.38%, 10/01/2030 | 239,000 | 230,336 | ||||||
Occidental Petroleum Corp. | ||||||||
6.38%, 09/01/2028 | 439,000 | 450,721 |
Transamerica Funds | Page 10 |
Transamerica Unconstrained 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 | $ 80,000 | $ 80,728 | ||||||
Pertamina Persero PT | ||||||||
3.10%, 08/27/2030 (D) | 500,000 | 435,845 | ||||||
6.45%, 05/30/2044 (D) | 900,000 | 940,326 | ||||||
Petroleos Mexicanos | ||||||||
10.00%, 02/07/2033 (B) | 727,000 | 677,088 | ||||||
Pioneer Natural Resources Co. | ||||||||
5.10%, 03/29/2026 | 94,000 | 93,662 | ||||||
Plains All American Pipeline LP/PAA Finance Corp. | ||||||||
6.65%, 01/15/2037 | 30,000 | 30,688 | ||||||
Raizen Fuels Finance SA | ||||||||
5.30%, 01/20/2027 (D) | 900,000 | 884,509 | ||||||
Reliance Industries Ltd. | ||||||||
2.88%, 01/12/2032 (D) | 1,050,000 | 871,383 | ||||||
Rockcliff Energy II LLC | ||||||||
5.50%, 10/15/2029 (B) | 259,000 | 237,190 | ||||||
Saudi Arabian Oil Co. | ||||||||
3.50%, 11/24/2070 (D) | 1,950,000 | 1,289,777 | ||||||
Southwestern Energy Co. | ||||||||
5.38%, 02/01/2029 | 215,000 | 203,079 | ||||||
Strathcona Resources Ltd. | ||||||||
6.88%, 08/01/2026 (B) (F) | 486,000 | 426,538 | ||||||
Targa Resources Partners LP/Targa Resources Partners Finance Corp. | ||||||||
6.50%, 07/15/2027 | 328,000 | 329,552 | ||||||
Transportadora de Gas del Peru SA | ||||||||
4.25%, 04/30/2028 (D) | 1,400,000 | 1,353,954 | ||||||
Venture Global Calcasieu Pass LLC | ||||||||
6.25%, 01/15/2030 (B) | 235,000 | 229,796 | ||||||
Warrior Met Coal, Inc. | ||||||||
7.88%, 12/01/2028 (B) | 335,000 | 337,924 | ||||||
Williams Cos., Inc. | ||||||||
5.75%, 06/24/2044 | 438,000 | 428,194 | ||||||
|
| |||||||
34,490,485 | ||||||||
|
| |||||||
Paper & Forest Products - 0.3% | ||||||||
Georgia-Pacific LLC | ||||||||
0.95%, 05/15/2026 (B) | 310,000 | 274,950 | ||||||
Glatfelter Corp. | ||||||||
4.75%, 11/15/2029 (B) (F) | 455,000 | 313,940 | ||||||
Inversiones CMPC SA | ||||||||
3.85%, 01/13/2030 (D) | 1,950,000 | 1,757,290 | ||||||
Suzano Austria GmbH | ||||||||
5.00%, 01/15/2030 | 960,000 | 905,170 | ||||||
|
| |||||||
3,251,350 | ||||||||
|
| |||||||
Passenger Airlines - 0.2% | ||||||||
Air Canada | ||||||||
3.88%, 08/15/2026 (B) | 295,000 | 273,743 | ||||||
American Airlines, Inc. | ||||||||
7.25%, 02/15/2028 (B) | 348,000 | 345,619 | ||||||
11.75%, 07/15/2025 (B) | 395,000 | 434,251 | ||||||
British Airways Pass-Through Trust | ||||||||
2.90%, 09/15/2036 (B) | 104,069 | 87,632 | ||||||
United Airlines, Inc. | ||||||||
4.63%, 04/15/2029 (B) | 570,000 | 515,521 | ||||||
|
| |||||||
1,656,766 | ||||||||
|
| |||||||
Personal Care Products - 0.2% | ||||||||
Coty, Inc. | ||||||||
5.00%, 04/15/2026 (B) | 293,000 | 282,425 | ||||||
Edgewell Personal Care Co. | ||||||||
4.13%, 04/01/2029 (B) | 280,000 | 244,933 |
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Personal Care Products (continued) | ||||||||
Estee Lauder Cos., Inc. | ||||||||
4.38%, 05/15/2028 | $ 124,000 | $ 121,901 | ||||||
Haleon UK Capital PLC | ||||||||
3.13%, 03/24/2025 | 258,000 | 247,584 | ||||||
HLF Financing SARL LLC/Herbalife International, Inc. | ||||||||
4.88%, 06/01/2029 (B) | 740,000 | 562,400 | ||||||
Kenvue, Inc. | ||||||||
4.90%, 03/22/2033 (B) | 85,000 | 85,502 | ||||||
Procter & Gamble Co. | ||||||||
2.85%, 08/11/2027 | 250,000 | 234,020 | ||||||
3.95%, 01/26/2028 | 191,000 | 187,833 | ||||||
|
| |||||||
1,966,598 | ||||||||
|
| |||||||
Pharmaceuticals - 0.3% | ||||||||
Astrazeneca Finance LLC | ||||||||
4.88%, 03/03/2028 | 188,000 | 188,219 | ||||||
4.90%, 03/03/2030 | 199,000 | 198,951 | ||||||
Becton Dickinson & Co. | ||||||||
4.30%, 08/22/2032 | 150,000 | 142,437 | ||||||
4.69%, 02/13/2028 | 185,000 | 182,875 | ||||||
Bristol-Myers Squibb Co. | ||||||||
2.95%, 03/15/2032 | 510,000 | 445,695 | ||||||
Merck & Co., Inc. | ||||||||
4.30%, 05/17/2030 | 275,000 | 268,503 | ||||||
Organon & Co./Organon Foreign Debt Co-Issuer BV | ||||||||
4.13%, 04/30/2028 (B) | 432,000 | 387,135 | ||||||
Pfizer Investment Enterprises Pte Ltd. | ||||||||
4.75%, 05/19/2033 | 146,000 | 145,035 | ||||||
Teva Pharmaceutical Finance Netherlands III BV | ||||||||
5.13%, 05/09/2029 (F) | 525,000 | 481,031 | ||||||
Viatris, Inc. | ||||||||
1.65%, 06/22/2025 | 644,000 | 596,123 | ||||||
|
| |||||||
3,036,004 | ||||||||
|
| |||||||
Professional Services - 0.2% | ||||||||
Concentrix Corp. | ||||||||
6.65%, 08/02/2026 (G) | 82,000 | 81,855 | ||||||
Korn Ferry | ||||||||
4.63%, 12/15/2027 (B) | 170,000 | 159,847 | ||||||
Mobius Merger Sub, Inc. | ||||||||
9.00%, 06/01/2030 (B) | 240,000 | 216,313 | ||||||
S&P Global, Inc. | ||||||||
2.70%, 03/01/2029 | 1,020,000 | 918,082 | ||||||
TriNet Group, Inc. | ||||||||
3.50%, 03/01/2029 (B) | 275,000 | 240,276 | ||||||
|
| |||||||
1,616,373 | ||||||||
|
| |||||||
Real Estate Management & Development - 1.9% | ||||||||
Country Garden Holdings Co. Ltd. | ||||||||
4.20%, 02/06/2026 (D) | 330,000 | 59,413 | ||||||
5.40%, 05/27/2025 (D) | 600,000 | 123,000 | ||||||
8.00%, 01/27/2024 (D) | 740,000 | 261,246 | ||||||
Cushman & Wakefield US Borrower LLC | ||||||||
6.75%, 05/15/2028 (B) | 538,000 | 493,152 | ||||||
Elect Global Investments Ltd. | ||||||||
Fixed until 06/03/2025 (E), | 500,000 | 446,950 | ||||||
Emaar Sukuk Ltd. | ||||||||
3.64%, 09/15/2026 (D) | 1,000,000 | 939,220 | ||||||
GLP China Holdings Ltd. | ||||||||
2.95%, 03/29/2026 (D) | 710,000 | 444,105 | ||||||
4.97%, 02/26/2024 (D) | 550,000 | 493,461 | ||||||
Hopson Development Holdings Ltd. | ||||||||
6.80%, 12/28/2023 (D) | 2,435,000 | 2,124,140 |
Transamerica Funds | Page 11 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Real Estate Management & Development (continued) | ||||||||
Kennedy-Wilson, Inc. | ||||||||
4.75%, 03/01/2029 | $ 617,000 | $ 499,982 | ||||||
Longfor Group Holdings Ltd. | ||||||||
3.95%, 09/16/2029 (D) | 600,000 | 432,366 | ||||||
New Metro Global Ltd. | ||||||||
4.80%, 12/15/2024 (D) | 850,000 | 467,500 | ||||||
6.80%, 08/05/2023 (D) | 900,000 | 885,150 | ||||||
RKPF Overseas Ltd. | ||||||||
5.20%, 01/12/2026 (D) | 1,200,000 | 550,164 | ||||||
5.90%, 03/05/2025 (D) | 795,000 | 479,758 | ||||||
6.00%, 09/04/2025 (D) | 450,000 | 242,615 | ||||||
6.70%, 09/30/2024 (D) | 3,369,000 | 2,310,579 | ||||||
Seazen Group Ltd. | ||||||||
6.00%, 08/12/2024 (D) | 700,000 | 460,600 | ||||||
Shui On Development Holding Ltd. | ||||||||
5.75%, 11/12/2023 (D) | 2,650,000 | 2,399,575 | ||||||
Vanke Real Estate Hong Kong Co. Ltd. | ||||||||
3.50%, 11/12/2029 (D) | 1,100,000 | 864,323 | ||||||
Yanlord Land HK Co. Ltd. | ||||||||
6.80%, 02/27/2024 (D) (F) | 4,993,000 | 4,698,413 | ||||||
|
| |||||||
19,675,712 | ||||||||
|
| |||||||
Retail REITs - 0.1% | ||||||||
Scentre Group Trust 2 | ||||||||
Fixed until 06/24/2030, | 1,273,000 | 1,072,827 | ||||||
|
| |||||||
Semiconductors & Semiconductor Equipment - 0.4% | ||||||||
Broadcom, Inc. | ||||||||
2.45%, 02/15/2031 (B) | 500,000 | 405,733 | ||||||
Entegris Escrow Corp. | ||||||||
5.95%, 06/15/2030 (B) | 255,000 | 244,079 | ||||||
Foundry JV Holdco LLC | ||||||||
5.88%, 01/25/2034 (B) | 200,000 | 197,687 | ||||||
Intel Corp. | ||||||||
3.40%, 03/25/2025 | 677,000 | 658,013 | ||||||
5.20%, 02/10/2033 | 141,000 | 142,476 | ||||||
Texas Instruments, Inc. | ||||||||
4.60%, 02/15/2028 | 400,000 | 400,123 | ||||||
TSMC Global Ltd. | ||||||||
0.75%, 09/28/2025 (B) | 362,000 | 326,962 | ||||||
1.25%, 04/23/2026 (D) | 2,000,000 | 1,800,031 | ||||||
|
| |||||||
4,175,104 | ||||||||
|
| |||||||
Software - 0.3% | ||||||||
Central Parent, Inc./CDK Global, Inc. | ||||||||
7.25%, 06/15/2029 (B) | 330,000 | 326,708 | ||||||
Gen Digital, Inc. | ||||||||
6.75%, 09/30/2027 (B) | 79,000 | 78,957 | ||||||
7.13%, 09/30/2030 (B) (F) | 166,000 | 167,284 | ||||||
Helios Software Holdings, Inc./ION Corporate Solutions Finance SARL | ||||||||
4.63%, 05/01/2028 (B) | 500,000 | 432,923 | ||||||
McAfee Corp. | ||||||||
7.38%, 02/15/2030 (B) | 625,000 | 540,046 | ||||||
Open Text Corp. | ||||||||
3.88%, 02/15/2028 - 12/01/2029 (B) | 310,000 | 263,249 | ||||||
Oracle Corp. | ||||||||
2.30%, 03/25/2028 | 700,000 | 617,281 | ||||||
4.90%, 02/06/2033 | 99,000 | 95,721 | ||||||
Rackspace Technology Global, Inc. | ||||||||
3.50%, 02/15/2028 (B) | 210,000 | 93,931 | ||||||
|
| |||||||
2,616,100 | ||||||||
|
|
Principal | Value | |||||||
CORPORATE DEBT SECURITIES (continued) | ||||||||
Specialized REITs - 0.1% | ||||||||
American Tower Corp. | ||||||||
2.30%, 09/15/2031 | $ 175,000 | $ 139,009 | ||||||
Crown Castle, Inc. | ||||||||
5.00%, 01/11/2028 | 250,000 | 246,354 | ||||||
Weyerhaeuser Co. | ||||||||
4.75%, 05/15/2026 | 178,000 | 175,496 | ||||||
|
| |||||||
560,859 | ||||||||
|
| |||||||
Specialty Retail - 0.0% (C) | ||||||||
Ken Garff Automotive LLC | ||||||||
4.88%, 09/15/2028 (B) | 260,000 | 227,783 | ||||||
Metis Merger Sub LLC | ||||||||
6.50%, 05/15/2029 (B) | 240,000 | 203,875 | ||||||
|
| |||||||
431,658 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals - 0.2% | ||||||||
Apple, Inc. | ||||||||
1.40%, 08/05/2028 | 925,000 | 799,765 | ||||||
Hewlett Packard Enterprise Co. | ||||||||
1.75%, 04/01/2026 | 388,000 | 353,884 | ||||||
5.25%, 07/01/2028 | 238,000 | 236,745 | ||||||
NCR Corp. | ||||||||
5.13%, 04/15/2029 (B) | 300,000 | 268,273 | ||||||
Seagate HDD Cayman | ||||||||
4.09%, 06/01/2029 | 235,000 | 206,541 | ||||||
|
| |||||||
1,865,208 | ||||||||
|
| |||||||
Transportation Infrastructure - 0.5% | ||||||||
DP World Ltd. | ||||||||
5.63%, 09/25/2048 (D) | 1,000,000 | 952,012 | ||||||
FedEx Corp. Pass-Through Trust | ||||||||
1.88%, 08/20/2035 | 78,835 | 64,726 | ||||||
India Airport Infra | ||||||||
6.25%, 10/25/2025 (D) | 2,000,000 | 1,940,000 | ||||||
Penske Truck Leasing Co. LP/PTL Finance Corp. | ||||||||
5.70%, 02/01/2028 (B) | 259,000 | 256,260 | ||||||
6.05%, 08/01/2028 (B) | 118,000 | 118,275 | ||||||
6.20%, 06/15/2030 (B) | 79,000 | 79,717 | ||||||
Ryder System, Inc. | ||||||||
5.25%, 06/01/2028 | 119,000 | 117,980 | ||||||
United Parcel Service, Inc. | ||||||||
3.90%, 04/01/2025 | 268,000 | 262,312 | ||||||
Yunda Holding Investment Ltd. | ||||||||
2.25%, 08/19/2025 (D) | 1,000,000 | 902,227 | ||||||
|
| |||||||
4,693,509 | ||||||||
|
| |||||||
Wireless Telecommunication Services - 0.3% | ||||||||
Altice France SA | ||||||||
5.13%, 07/15/2029 (B) | 1,050,000 | 735,249 | ||||||
America Movil SAB de CV | ||||||||
4.70%, 07/21/2032 | 1,320,000 | 1,271,408 | ||||||
T-Mobile USA, Inc. | ||||||||
3.38%, 04/15/2029 | 677,000 | 609,997 | ||||||
Vodafone Group PLC | ||||||||
4.38%, 02/19/2043 | 250,000 | 208,191 | ||||||
|
| |||||||
2,824,845 | ||||||||
|
| |||||||
Total Corporate Debt Securities |
| 442,630,953 | ||||||
|
|
Transamerica Funds | Page 12 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
FOREIGN GOVERNMENT OBLIGATIONS - 6.1% | ||||||||
Brazil - 0.8% | ||||||||
Brazil Notas do Tesouro Nacional | ||||||||
Series F, | ||||||||
10.00%, 01/01/2025 - 01/01/2033 | BRL 38,000,000 | $ 7,890,384 | ||||||
|
| |||||||
Canada - 0.0% (C) | ||||||||
Province of British Columbia | ||||||||
4.20%, 07/06/2033 | $ 314,000 | 309,061 | ||||||
|
| |||||||
Colombia - 1.2% | ||||||||
Colombia TES | ||||||||
Series B, | ||||||||
6.00%, 04/28/2028 | COP 12,000,000,000 | 2,619,653 | ||||||
7.00%, 03/26/2031 - 06/30/2032 | 26,000,000,000 | 5,500,315 | ||||||
7.25%, 10/18/2034 | 8,000,000,000 | 1,644,058 | ||||||
7.50%, 08/26/2026 | 9,000,000,000 | 2,155,300 | ||||||
|
| |||||||
11,919,326 | ||||||||
|
| |||||||
Hungary - 0.3% | ||||||||
Hungary Government Bonds | ||||||||
3.00%, 06/26/2024 | HUF 1,000,000,000 | 2,666,866 | ||||||
|
| |||||||
Indonesia - 0.4% | ||||||||
Indonesia Treasury Bonds | ||||||||
6.38%, 08/15/2028 | IDR 19,000,000,000 | 1,280,484 | ||||||
7.00%, 02/15/2033 | 20,000,000,000 | 1,393,700 | ||||||
7.50%, 05/15/2038 | 25,000,000,000 | 1,805,653 | ||||||
|
| |||||||
4,479,837 | ||||||||
|
| |||||||
Japan - 0.1% | ||||||||
Development Bank of Japan, Inc. | ||||||||
1.75%, 02/18/2025 (B) | $ 570,000 | 538,348 | ||||||
|
| |||||||
Mexico - 0.7% | ||||||||
Mexico Bonos | ||||||||
7.75%, 11/23/2034 | MXN 40,000,000 | 2,208,970 | ||||||
10.00%, 12/05/2024 | 30,000,000 | 1,782,299 | ||||||
Series M, | ||||||||
5.00%, 03/06/2025 | 20,000,000 | 1,107,543 | ||||||
5.75%, 03/05/2026 | 25,000,000 | 1,359,451 | ||||||
7.75%, 05/29/2031 | 20,000,000 | 1,120,824 | ||||||
Mexico Government International Bonds | ||||||||
6.34%, 05/04/2053 | $ 200,000 | 203,838 | ||||||
|
| |||||||
7,782,925 | ||||||||
|
| |||||||
Mongolia - 0.0% (C) | ||||||||
Mongolia Government International Bonds | ||||||||
8.75%, 03/09/2024 (D) | 200,000 | 201,000 | ||||||
|
| |||||||
Peru - 0.7% | ||||||||
Peru Government Bonds | ||||||||
5.40%, 08/12/2034 | PEN 8,000,000 | 1,987,657 | ||||||
5.94%, 02/12/2029 | 5,000,000 | 1,370,648 | ||||||
6.15%, 08/12/2032 | 5,000,000 | 1,341,699 | ||||||
6.35%, 08/12/2028 | 5,000,000 | 1,405,725 | ||||||
6.95%, 08/12/2031 | 5,000,000 | 1,422,398 | ||||||
|
| |||||||
7,528,127 | ||||||||
|
|
Principal | Value | |||||||
FOREIGN GOVERNMENT OBLIGATIONS (continued) | ||||||||
Poland - 0.6% | ||||||||
Republic of Poland Government Bonds | ||||||||
2.25%, 10/25/2024 | PLN 10,000,000 | $ 2,399,111 | ||||||
6.00%, 10/25/2033 | 6,000,000 | 1,557,800 | ||||||
Series 0432, | ||||||||
1.75%, 04/25/2032 | 10,000,000 | 1,873,354 | ||||||
|
| |||||||
5,830,265 | ||||||||
|
| |||||||
Republic of Korea - 0.1% | ||||||||
Industrial Bank of Korea | ||||||||
1.04%, 06/22/2025 (B) | $ 1,206,000 | 1,106,541 | ||||||
|
| |||||||
Republic of South Africa - 1.0% | ||||||||
Republic of South Africa Government Bonds | ||||||||
7.00%, 02/28/2031 | ZAR 30,000,000 | 1,364,311 | ||||||
8.00%, 01/31/2030 | 25,000,000 | 1,253,373 | ||||||
8.25%, 03/31/2032 | 30,000,000 | 1,431,914 | ||||||
8.50%, 01/31/2037 | 30,000,000 | 1,300,734 | ||||||
8.88%, 02/28/2035 | 50,000,000 | 2,325,016 | ||||||
9.00%, 01/31/2040 | 25,000,000 | 1,090,096 | ||||||
10.50%, 12/21/2026 | 20,000,000 | 1,168,211 | ||||||
|
| |||||||
9,933,655 | ||||||||
|
| |||||||
Supranational - 0.1% | ||||||||
Asian Development Bank | ||||||||
1.88%, 01/24/2030 | $ 500,000 | 432,759 | ||||||
European Bank for Reconstruction & Development | ||||||||
1.50%, 02/13/2025 | 420,000 | 397,018 | ||||||
International Bank for Reconstruction & Development | ||||||||
3.13%, 11/20/2025 | 329,000 | 316,735 | ||||||
|
| |||||||
1,146,512 | ||||||||
|
| |||||||
United States - 0.0% (C) | ||||||||
Inter-American Development Bank | ||||||||
4.00%, 01/12/2028 | 400,000 | 394,223 | ||||||
|
| |||||||
Uruguay - 0.1% | ||||||||
Uruguay Government International Bonds | ||||||||
9.75%, 07/20/2033 | UYU 46,400,000 | 1,289,445 | ||||||
|
| |||||||
Total Foreign Government Obligations |
| 63,016,515 | ||||||
|
| |||||||
LOAN ASSIGNMENTS - 8.5% | ||||||||
Aerospace & Defense - 0.2% | ||||||||
Cobham Ultra SeniorCo SARL | ||||||||
Term Loan B, | ||||||||
6-Month LIBOR + 3.50%, | $ 408,428 | 404,726 | ||||||
Dynasty Acquisition Co., Inc. | ||||||||
Term Loan B1, | ||||||||
1-Month Term SOFR + 3.50%, | 217,923 | 217,490 | ||||||
Term Loan B2, | ||||||||
1-Month Term SOFR + 3.50%, | 116,749 | 116,517 |
Transamerica Funds | Page 13 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
LOAN ASSIGNMENTS (continued) | ||||||||
Aerospace & Defense (continued) | ||||||||
Spirit Aerosystems, Inc. | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 4.50%, | $ 523,305 | $ 523,567 | ||||||
TransDigm, Inc. | ||||||||
Term Loan I, | ||||||||
3-Month Term SOFR + 3.25%, | 324,188 | 324,315 | ||||||
|
| |||||||
1,586,615 | ||||||||
|
| |||||||
Air Freight & Logistics - 0.1% | ||||||||
Kenan Advantage Group, Inc. | ||||||||
Term Loan B1, | ||||||||
3-Month Term SOFR + 3.75%, | 551,057 | 549,817 | ||||||
|
| |||||||
Automobile Components - 0.0% (C) | ||||||||
DexKo Global, Inc. | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 3.75%, | 216,394 | 208,955 | ||||||
USI, Inc. | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 3.75%, | 267,360 | 267,127 | ||||||
|
| |||||||
476,082 | ||||||||
|
| |||||||
Banks - 0.0% (C) | ||||||||
Helios Software Holdings, Inc. | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 4.25%, | 76,225 | 74,446 | ||||||
|
| |||||||
Beverages - 0.1% | ||||||||
Sunshine Investments BV | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 4.25%, | 527,746 | 525,767 | ||||||
Triton Water Holdings, Inc. | ||||||||
Term Loan, | ||||||||
TBD, 03/31/2028 (G) (H) | 284,275 | 274,680 | ||||||
|
| |||||||
800,447 | ||||||||
|
| |||||||
Broadline Retail - 0.0% (C) | ||||||||
Les Schwab Tire Centers | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.25%, | 326,454 | 325,094 | ||||||
|
| |||||||
Building Products - 0.2% | ||||||||
Foley Products Co. LLC | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 4.75%, | 469,003 | 464,166 | ||||||
Icebox Holdco III, Inc. | ||||||||
1st Lien Term Loan, | ||||||||
3-Month Term SOFR + 3.75%, | 313,264 | 307,096 | ||||||
LBM Acquisition LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.75%, | 690,438 | 667,654 |
Principal | Value | |||||||
LOAN ASSIGNMENTS (continued) | ||||||||
Building Products (continued) | ||||||||
Park River Holdings, Inc. | ||||||||
Term Loan, | ||||||||
6-Month LIBOR + 3.25%, | $ 374,489 | $ 360,540 | ||||||
Potters Industries LLC | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 4.00%, | 210,020 | 210,020 | ||||||
Specialty Building Products Holdings LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.25%, | 232,341 | 226,170 | ||||||
|
| |||||||
2,235,646 | ||||||||
|
| |||||||
Capital Markets - 0.2% | ||||||||
Advisor Group, Inc. | ||||||||
Term Loan, | ||||||||
1-Month LIBOR + 4.50%, | 494,628 | 494,628 | ||||||
Aretec Group, Inc. | ||||||||
Term Loan, | ||||||||
TBD, 03/08/2030 (G) (H) | 449,636 | 447,388 | ||||||
HighTower Holdings LLC | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 4.00%, | 524,145 | 513,662 | ||||||
ION Trading Finance Ltd. | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 4.75%, | 605,109 | 590,522 | ||||||
NEXUS Buyer LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.75%, | 510,867 | 494,982 | ||||||
|
| |||||||
2,541,182 | ||||||||
|
| |||||||
Chemicals - 0.2% | ||||||||
CPC Acquisition Corp. | ||||||||
2nd Lien Term Loan, | ||||||||
3-Month Term SOFR + 7.75%, | 66,316 | 28,516 | ||||||
Term Loan, | ||||||||
3-Month Term SOFR + 3.75%, | 164,344 | 129,113 | ||||||
Momentive Performance Materials, Inc. | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 4.50%, | 259,010 | 255,125 | ||||||
Natgasoline LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.50%, | 452,637 | 449,242 | ||||||
Nouryon Finance BV | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 4.00%, | 329,687 | 326,184 | ||||||
Olympus Water US Holding Corp. | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 5.00%, | 338,298 | 328,713 | ||||||
Starfruit Finco BV | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 4.00%, | 23,490 | 23,255 | ||||||
|
| |||||||
1,540,148 | ||||||||
|
|
Transamerica Funds | Page 14 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
LOAN ASSIGNMENTS (continued) | ||||||||
Commercial Services & Supplies - 0.6% | ||||||||
Allied Universal Holdco LLC | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 4.75%, | $ 591,049 | $ 575,811 | ||||||
APX Group, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.25%, | 394,850 | 394,192 | ||||||
Asurion LLC | ||||||||
2nd Lien Term Loan B3, | ||||||||
TBD, 01/31/2028 (G) (H) | 125,000 | 110,781 | ||||||
2nd Lien Term Loan B4, | ||||||||
1-Month Term SOFR + 5.25%, | 225,548 | 196,549 | ||||||
Term Loan B10, | ||||||||
1-Month Term SOFR + 4.00%, | 694,443 | 664,495 | ||||||
Term Loan B11, | ||||||||
TBD, 08/19/2028 (G) (H) | 60,577 | 58,060 | ||||||
Term Loan B8, | ||||||||
3-Month LIBOR + 3.25%, | 194,541 | 189,156 | ||||||
Term Loan B9, | ||||||||
3-Month LIBOR + 3.25%, | 426,395 | 406,941 | ||||||
Cast & Crew Payroll LLC | ||||||||
1st Lien Term Loan, | ||||||||
1-Month Term SOFR + 3.50%, | 255,426 | 249,839 | ||||||
Term Loan, | ||||||||
1-Month Term SOFR + 3.75%, | 33,033 | 32,116 | ||||||
Covanta Holding Corp. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.00%, | 78,427 | 77,937 | ||||||
Term Loan C, | ||||||||
1-Month Term SOFR + 3.00%, | 5,882 | 5,845 | ||||||
Creative Artists Agency LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.50%, | 568,344 | 565,384 | ||||||
Garda World Security Corp. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 4.25%, | 24,812 | 24,693 | ||||||
1-Month Term SOFR + 4.25%, | 562,191 | 560,785 | ||||||
GFL Environmental, Inc. | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 3.00%, | 132,600 | 132,725 | ||||||
Groupe Solmax, Inc. | ||||||||
Term Loan, | ||||||||
TBD, 05/29/2028 (G) (H) | 348,221 | 327,545 | ||||||
Prime Security Services Borrower LLC | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 2.75%, | 507,135 | 506,184 | ||||||
PUG LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 4.25%, | 347,793 | 325,186 |
Principal | Value | |||||||
LOAN ASSIGNMENTS (continued) | ||||||||
Commercial Services & Supplies (continued) | ||||||||
SITEL Worldwide Corp. | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 3.75%, | $ 452,773 | $ 447,452 | ||||||
Sotheby’s | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 4.50%, | 717,818 | 699,573 | ||||||
|
| |||||||
6,551,249 | ||||||||
|
| |||||||
Communications Equipment - 0.0% (C) | ||||||||
ViaSat, Inc. | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 4.50%, | 412,681 | 395,555 | ||||||
|
| |||||||
Construction & Engineering - 0.2% | ||||||||
Osmose Utilities Services, Inc. | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 3.25%, | 369,175 | 365,560 | ||||||
Service Logic Acquisition, Inc. | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 4.00%, | 242,803 | 241,286 | ||||||
USIC Holdings, Inc. | ||||||||
2nd Lien Term Loan, | ||||||||
1-Month Term SOFR + 6.50%, | 128,309 | 118,258 | ||||||
Term Loan, | ||||||||
1-Month Term SOFR + 3.50%, | 327,454 | 316,061 | ||||||
VM Consolidated, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.25%, | 555,327 | 555,743 | ||||||
|
| |||||||
1,596,908 | ||||||||
|
| |||||||
Construction Materials - 0.0% (C) | ||||||||
Quikrete Holdings, Inc. | ||||||||
1st Lien Term Loan, | ||||||||
1-Month Term SOFR + 2.63%, | 230,726 | 230,342 | ||||||
Term Loan B1, | ||||||||
1-Month Term SOFR + 3.00%, | 112,054 | 112,105 | ||||||
|
| |||||||
342,447 | ||||||||
|
| |||||||
Consumer Staples Distribution & Retail - 0.1% | ||||||||
EG Group Ltd. | ||||||||
Term Loan B, | ||||||||
TBD, 02/29/2028 (G) (H) | 230,000 | 220,800 | ||||||
Windsor Holdings III LLC | ||||||||
Term Loan B, | ||||||||
TBD, 06/21/2030 (G) (H) | 461,481 | 458,405 | ||||||
|
| |||||||
679,205 | ||||||||
|
| |||||||
Containers & Packaging - 0.3% | ||||||||
Berlin Packaging LLC | ||||||||
Term Loan B4, | ||||||||
1-Month Term SOFR + 3.25%, | 103,474 | 101,954 |
Transamerica Funds | Page 15 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
LOAN ASSIGNMENTS (continued) | ||||||||
Containers & Packaging (continued) | ||||||||
Berlin Packaging LLC (continued) | ||||||||
Term Loan B5, | ||||||||
1-Month LIBOR + 3.75%, | $ 235,449 | $ 233,552 | ||||||
Charter NEX US, Inc. | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 3.75%, | 483,184 | 480,527 | ||||||
Clydesdale Acquisition Holdings, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 4.18%, | 325,034 | 321,714 | ||||||
Graham Packaging Co., Inc. | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 3.00%, | 325,000 | 324,391 | ||||||
LABL, Inc. | ||||||||
1st Lien Term Loan, | ||||||||
1-Month Term SOFR + 5.10%, | 507,199 | 504,029 | ||||||
Reynolds Group Holdings, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.25%, | 307,843 | 307,073 | ||||||
Trident TPI Holdings, Inc. | ||||||||
Term Loan, | ||||||||
3-Month LIBOR + 4.00%, | 228,551 | 226,729 | ||||||
3-Month Term SOFR + 4.50%, | 139,507 | 139,101 | ||||||
|
| |||||||
2,639,070 | ||||||||
|
| |||||||
Distributors - 0.2% | ||||||||
Fastlane Parent Co., Inc. | ||||||||
1st Lien Term Loan, | ||||||||
1-Month Term SOFR + 4.50%, | 448,828 | 446,472 | ||||||
PAI Holdco, Inc. | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 3.75%, | 384,879 | 358,579 | ||||||
Patriot Container Corp. | ||||||||
1st Lien Term Loan, | ||||||||
1-Month Term SOFR + 3.75%, | 670,982 | 630,723 | ||||||
RelaDyne, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 4.25%, | 481,767 | 473,035 | ||||||
Term Loan, | ||||||||
1-Month Term SOFR + 5.00%, | 47,191 | 47,014 | ||||||
|
| |||||||
1,955,823 | ||||||||
|
| |||||||
Diversified REITs - 0.1% | ||||||||
Apollo Commercial Real Estate Finance, Inc. | ||||||||
Term Loan B1, | ||||||||
1-Month Term SOFR + 3.50%, | 480,525 | 449,291 | ||||||
Claros Mortgage Trust, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 4.50%, | 704,882 | 676,687 | ||||||
|
| |||||||
1,125,978 | ||||||||
|
|
Principal | Value | |||||||
LOAN ASSIGNMENTS (continued) | ||||||||
Diversified Telecommunication Services - 0.2% | ||||||||
Connect Finco SARL | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.50%, | $ 614,816 | $ 612,895 | ||||||
Eagle Broadband Investments LLC | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 3.00%, | 232,678 | 224,898 | ||||||
Iridium Satellite LLC | ||||||||
Term Loan B2, | ||||||||
1-Month Term SOFR + 2.50%, | 534,998 | 534,425 | ||||||
Telesat Canada | ||||||||
Term Loan B5, | ||||||||
1-Month Term SOFR + 2.75%, | 419,666 | 255,157 | ||||||
|
| |||||||
1,627,375 | ||||||||
|
| |||||||
Electrical Equipment - 0.0% (C) | ||||||||
Gates Global LLC | ||||||||
Term Loan B3, | ||||||||
1-Month Term SOFR + 2.50%, | 132,976 | 132,596 | ||||||
Term Loan B4, | ||||||||
1-Month Term SOFR + 3.50%, | 26,289 | 26,283 | ||||||
|
| |||||||
158,879 | ||||||||
|
| |||||||
Electronic Equipment, Instruments & Components - 0.1% | ||||||||
II-VI, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 2.75%, | 192,419 | 191,986 | ||||||
Ingram Micro, Inc. | ||||||||
Term Loan B, | ||||||||
3-Month LIBOR + 3.50%, | 261,362 | 260,578 | ||||||
Verifone Systems, Inc. | ||||||||
1st Lien Term Loan, | ||||||||
3-Month LIBOR + 4.00%, | 707,923 | 665,448 | ||||||
|
| |||||||
1,118,012 | ||||||||
|
| |||||||
Entertainment - 0.0% (C) | ||||||||
AMC Entertainment Holdings, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month LIBOR + 3.00%, | 318,461 | 247,683 | ||||||
|
| |||||||
Financial Services - 0.0% (C) | ||||||||
Castlelake Aviation Ltd. | ||||||||
Term Loan B, | ||||||||
3-Month LIBOR + 2.75%, | 321,909 | 321,456 | ||||||
Citco Funding LLC | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 3.50%, | 79,341 | 79,539 | ||||||
|
| |||||||
400,995 | ||||||||
|
|
Transamerica Funds | Page 16 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
LOAN ASSIGNMENTS (continued) | ||||||||
Food Products - 0.0% (C) | ||||||||
Nomad Foods Europe Midco Ltd. | ||||||||
Term Loan B, | ||||||||
6-Month Term SOFR + 3.75%, | $ 84,704 | $ 84,704 | ||||||
|
| |||||||
Ground Transportation - 0.1% | ||||||||
Avis Budget Car Rental LLC | ||||||||
Term Loan C, | ||||||||
1-Month Term SOFR + 3.50%, | 418,343 | 417,950 | ||||||
Hertz Corp. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.25%, | 362,581 | 362,490 | ||||||
Term Loan C, | ||||||||
1-Month Term SOFR + 3.25%, | 69,727 | 69,710 | ||||||
PODS LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.00%, | 398,985 | 393,997 | ||||||
|
| |||||||
1,244,147 | ||||||||
|
| |||||||
Health Care Equipment & Supplies - 0.1% | ||||||||
Medline Borrower LP | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.25%, | 1,299,680 | 1,285,708 | ||||||
|
| |||||||
Health Care Providers & Services - 0.5% | ||||||||
Bella Holding Co. LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.75%, | 522,805 | 514,122 | ||||||
CHG Healthcare Services, Inc. | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 3.25%, | 189,288 | 188,680 | ||||||
Comet Acquisition, Inc. | ||||||||
Term Loan, | ||||||||
1-Month LIBOR + 3.50%, | 460,137 | 455,651 | ||||||
Covetrus, Inc. | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 5.00%, | 474,125 | 457,728 | ||||||
Gainwell Acquisition Corp. | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 4.00%, | 720,157 | 708,680 | ||||||
ICON Luxembourg SARL | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 2.25%, | 149,465 | 149,372 | ||||||
Option Care Health, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 2.75%, | 158,302 | 158,183 | ||||||
Radnet Management, Inc. | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + | 230,194 | 229,954 |
Principal | Value | |||||||
LOAN ASSIGNMENTS (continued) | ||||||||
Health Care Providers & Services (continued) | ||||||||
RegionalCare Hospital Partners Holdings, Inc. | ||||||||
Term Loan B, | ||||||||
3-Month LIBOR + 3.75%, | $ 847,898 | $ 833,272 | ||||||
Select Medical Corp. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 2.50%, | 166,751 | 166,293 | ||||||
Sotera Health Holdings LLC | ||||||||
Term Loan B, | ||||||||
6-Month Term SOFR + 3.75%, | 341,068 | 340,641 | ||||||
Team Health Holdings, Inc. | ||||||||
1st Lien Term Loan, | ||||||||
1-Month LIBOR + 2.75%, | 399,402 | 350,475 | ||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 5.25%, | 346,075 | 238,215 | ||||||
|
| |||||||
4,791,266 | ||||||||
|
| |||||||
Health Care Technology - 0.2% | ||||||||
Athenahealth Group, Inc. | ||||||||
Delayed Draw Term Loan, | ||||||||
TBD, 02/15/2029 (G) (H) | 13,707 | 13,288 | ||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.50%, | 931,279 | 902,823 | ||||||
MedAssets Software Intermediate Holdings, Inc. | ||||||||
2nd Lien Term Loan, | ||||||||
1-Month Term SOFR + 6.75%, | 111,064 | 73,858 | ||||||
Term Loan, | ||||||||
1-Month Term SOFR + 4.00%, | 200,752 | 165,620 | ||||||
Navicure, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 4.11%, | 580,373 | 580,010 | ||||||
|
| |||||||
1,735,599 | ||||||||
|
| |||||||
Hotels, Restaurants & Leisure - 0.8% | ||||||||
Aimbridge Acquisition Co., Inc. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.75%, | 739,515 | 717,145 | ||||||
Caesars Entertainment Corp. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.25%, | 316,175 | 315,868 | ||||||
Carnival Corp. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.00%, | 138,851 | 138,642 | ||||||
1-Month Term SOFR + 3.25%, | 429,350 | 427,606 | ||||||
Dave & Buster’s, Inc. | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 3.75%, | 592,454 | 591,269 | ||||||
Everi Holdings, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month LIBOR + 2.50%, | 214,083 | 213,696 |
Transamerica Funds | Page 17 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
LOAN ASSIGNMENTS (continued) | ||||||||
Hotels, Restaurants & Leisure (continued) | ||||||||
Fertitta Entertainment LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 4.00%, | $ 280,349 | $ 277,136 | ||||||
Fogo De Chao, Inc. | ||||||||
Term Loan, | ||||||||
3-Month LIBOR + 4.25%, | 302,900 | 297,220 | ||||||
Herschend Entertainment Co. LLC | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 3.75%, | 176,167 | 176,167 | ||||||
Hilton Grand Vacations Borrower LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.00%, | 302,365 | 302,041 | ||||||
Hornblower Sub LLC | ||||||||
Repriced Term Loan B, | ||||||||
6-Month LIBOR + 4.50%, | 626,006 | 305,178 | ||||||
IRB Holding Corp. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.00%, | 180,723 | 179,626 | ||||||
Motion Finco SARL | ||||||||
Delayed Draw Term Loan B2, | ||||||||
3-Month LIBOR + 3.25%, | 20,355 | 20,236 | ||||||
Term Loan B1, | ||||||||
3-Month LIBOR + 3.25%, | 167,588 | 166,610 | ||||||
PCI Gaming Authority | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 2.50%, | 170,118 | 170,179 | ||||||
PF Chang’s China Bistro, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 6.25%, | 566,271 | 532,295 | ||||||
Playa Resorts Holding BV | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 4.25%, | 465,659 | 464,495 | ||||||
Scientific Games Holdings LP | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 3.50%, | 455,003 | 448,936 | ||||||
Scientific Games International, Inc. | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 3.00%, | 175,418 | 174,854 | ||||||
SeaWorld Parks & Entertainment, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.00%, | 690,724 | 690,076 | ||||||
Stars Group Holdings BV | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 3.25%, | 94,184 | 94,223 | ||||||
Travel & Leisure Co. | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 4.00%, | 314,593 | 313,807 |
Principal | Value | |||||||
LOAN ASSIGNMENTS (continued) | ||||||||
Hotels, Restaurants & Leisure (continued) | ||||||||
Whatabrands LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.25%, | $ 163,745 | $ 162,927 | ||||||
William Morris Endeavor Entertainment LLC | ||||||||
1st Lien Term Loan, | ||||||||
1-Month Term SOFR + 2.75%, | 871,466 | 869,505 | ||||||
|
| |||||||
8,049,737 | ||||||||
|
| |||||||
Household Durables - 0.0% (C) | ||||||||
AI Aqua Merger Sub, Inc. | ||||||||
1st Lien Term Loan B, | ||||||||
3-Month Term SOFR + 3.75%, | 364,081 | 358,619 | ||||||
|
| |||||||
Industrial Conglomerates - 0.0% (C) | ||||||||
OMNIA Partners LLC | ||||||||
Delayed Draw Term Loan, | ||||||||
TBD, 07/19/2030 (G) (H) | 8,981 | 8,981 | ||||||
Term Loan B, | ||||||||
TBD, 07/19/2030 (G) (H) | 95,606 | 95,606 | ||||||
|
| |||||||
104,587 | ||||||||
|
| |||||||
Insurance - 0.3% | ||||||||
Alliant Holdings Intermediate LLC | ||||||||
Term Loan B4, | ||||||||
1-Month LIBOR + 3.50%, | 146,326 | 145,920 | ||||||
Term Loan B5, | ||||||||
1-Month Term SOFR + 3.50%, | 365,950 | 364,916 | ||||||
AmWINS Group, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month LIBOR + 2.25%, | 304,661 | 303,096 | ||||||
Broadstreet Partners, Inc. | ||||||||
Term Loan B2, | ||||||||
1-Month Term SOFR + 3.25%, | 285,408 | 283,862 | ||||||
Hub International Ltd. | ||||||||
Term Loan B, | ||||||||
TBD, 06/20/2030 (G) (H) | 533,857 | 535,716 | ||||||
3-Month Term SOFR + 4.00%, | 6,066 | 6,074 | ||||||
Hyperion Insurance Group Ltd. | ||||||||
Term Loan B, | ||||||||
1-Month LIBOR + 3.25%, | 626,550 | 621,557 | ||||||
NFP Corp. | ||||||||
Term Loan, | ||||||||
TBD, 02/15/2027 (G) (H) | 498,711 | 488,826 | ||||||
Sedgwick Claims Management Services, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.75%, | 712,543 | 709,337 | ||||||
|
| |||||||
3,459,304 | ||||||||
|
| |||||||
Internet & Catalog Retail - 0.1% | ||||||||
CNT Holdings I Corp. | ||||||||
2nd Lien Term Loan, | ||||||||
3-Month Term SOFR + 6.75%, | 205,369 | 201,262 | ||||||
Term Loan, | ||||||||
3-Month Term SOFR + 3.50%, | 556,468 | 554,961 |
Transamerica Funds | Page 18 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
LOAN ASSIGNMENTS (continued) | ||||||||
Internet & Catalog Retail (continued) | ||||||||
Uber Technologies, Inc. | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 2.75%, | $ 120,414 | $ 120,433 | ||||||
|
| |||||||
876,656 | ||||||||
|
| |||||||
IT Services - 0.2% | ||||||||
Amentum Government Services Holdings LLC | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 4.00%, | 518,041 | 497,319 | ||||||
Moneygram International, Inc. | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 5.50%, | 271,220 | 244,098 | ||||||
Peraton Corp. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.75%, | 671,091 | 664,939 | ||||||
Tempo Acquisition LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.00%, | 183,595 | 183,792 | ||||||
|
| |||||||
1,590,148 | ||||||||
|
| |||||||
Leisure Products - 0.0% (C) | ||||||||
Ontario Gaming GTA LP | ||||||||
Term Loan B, | ||||||||
TBD, 07/20/2030 (G) (H) | 330,571 | 330,502 | ||||||
|
| |||||||
Life Sciences Tools & Services - 0.1% | ||||||||
Parexel International Corp. | ||||||||
1st Lien Term Loan, | ||||||||
1-Month Term SOFR + 3.25%, | 604,425 | 601,705 | ||||||
|
| |||||||
Machinery - 0.2% | ||||||||
Alliance Laundry Systems LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.50%, | 375,255 | 374,422 | ||||||
CD&R Hydra Buyer, Inc. | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 4.25%, | 481,336 | 480,132 | ||||||
Chart Industries, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.75%, | 69,579 | 69,405 | ||||||
Circor International, Inc. | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 5.50%, | 150,105 | 150,511 | ||||||
Filtration Group Corp. | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 3.50%, | 288,321 | 287,548 |
Principal | Value | |||||||
LOAN ASSIGNMENTS (continued) | ||||||||
Machinery (continued) | ||||||||
OEConnection LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 4.00%, | $ 596,359 | $ 592,383 | ||||||
Vertical US Newco, Inc. | ||||||||
Term Loan B, | ||||||||
6-Month LIBOR + 3.50%, | 591,572 | 589,025 | ||||||
|
| |||||||
2,543,426 | ||||||||
|
| |||||||
Media - 0.5% | ||||||||
ABG Intermediate Holdings 2 LLC | ||||||||
Term Loan B2, | ||||||||
1-Month Term SOFR + 4.00%, | 354,914 | 355,041 | ||||||
Arches Buyer, Inc. | ||||||||
Term Loan B, | ||||||||
TBD, 12/06/2027 (G) (H) | 322,506 | 312,204 | ||||||
CMG Media Corp. | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 3.50%, | 234,662 | 212,149 | ||||||
Cogeco Financing 2 LP | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 2.50%, | 246,917 | 242,764 | ||||||
CSC Holdings LLC | ||||||||
Term Loan B5, | ||||||||
1-Month LIBOR + 2.50%, | 810,374 | 706,545 | ||||||
Gray Television, Inc. | ||||||||
Term Loan D, | ||||||||
1-Month Term SOFR + 3.00%, | 115,254 | 113,573 | ||||||
Term Loan E, | ||||||||
1-Month Term SOFR + 2.50%, | 73,843 | 73,104 | ||||||
GVC Holdings Ltd. | ||||||||
Term Loan B2, | ||||||||
6-Month Term SOFR + 3.50%, | 248,094 | 247,660 | ||||||
NEP/NCP Holdco, Inc. | ||||||||
1st Lien Term Loan, | ||||||||
1-Month Term SOFR + 3.25%, | 798,973 | 736,054 | ||||||
Rentpath, Inc. | ||||||||
2nd Lien Term Loan, | ||||||||
TBD, 05/03/2028 (H) (I) (J) (K) | 594,723 | 2,974 | ||||||
Sinclair Television Group, Inc. | ||||||||
Term Loan B4, | ||||||||
1-Month Term SOFR + 3.75%, | 247,500 | 178,819 | ||||||
United Talent Agency LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.50%, | 594,250 | 586,079 | ||||||
Univision Communications, Inc. | ||||||||
1st Lien Term Loan B, | ||||||||
1-Month LIBOR + 3.25%, | 291,487 | 289,710 | ||||||
3-Month Term SOFR + 4.25%, | 386,878 | 385,790 | ||||||
Term Loan B, | ||||||||
1-Month LIBOR + 3.25%, | 234,026 | 230,808 |
Transamerica Funds | Page 19 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
LOAN ASSIGNMENTS (continued) | ||||||||
Media (continued) | ||||||||
UPC Financing Partnership | ||||||||
Term Loan AX, | ||||||||
1-Month LIBOR + 2.93%, | $ 250,000 | $ 242,562 | ||||||
Virgin Media Bristol LLC | ||||||||
Term Loan Q, | ||||||||
1-Month Term SOFR + 3.25%, | 576,000 | 567,648 | ||||||
|
| |||||||
5,483,484 | ||||||||
|
| |||||||
Metals & Mining - 0.0% (C) | ||||||||
US Silica Co. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 4.75%, | 427,957 | 427,511 | ||||||
|
| |||||||
Oil, Gas & Consumable Fuels - 0.3% | ||||||||
Buckeye Partners LP | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 2.25%, | 161,859 | 161,423 | ||||||
CQP Holdco LP | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.50%, | 634,353 | 633,719 | ||||||
EG America LLC | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 4.00%, | 317,334 | 315,648 | ||||||
M6 ETX Holdings II Midco LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 4.50%, | 514,112 | 511,541 | ||||||
Medallion Midland Acquisition LLC | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 3.75%, | 500,563 | 497,851 | ||||||
Oryx Midstream Services Permian Basin LLC | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 3.25%, | 237,174 | 237,041 | ||||||
TransMontaigne Operating Co. LP | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.50%, | 537,521 | 533,070 | ||||||
|
| |||||||
2,890,293 | ||||||||
|
| |||||||
Passenger Airlines - 0.2% | ||||||||
Air Canada | ||||||||
Term Loan B, | ||||||||
3-Month LIBOR + 3.50%, | 444,904 | 444,718 | ||||||
American Airlines, Inc. | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 4.75%, | 478,848 | 495,408 | ||||||
Term Loan B, | ||||||||
6-Month Term SOFR + 2.75%, | 87,784 | 86,897 | ||||||
Kestrel Bidco, Inc. | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 3.00%, | 735,301 | 718,182 |
Principal | Value | |||||||
LOAN ASSIGNMENTS (continued) | ||||||||
Passenger Airlines (continued) | ||||||||
Mileage Plus Holdings LLC | ||||||||
Term Loan B, | ||||||||
3-Month LIBOR + 5.25%, | $ 151,579 | $ 157,935 | ||||||
United Airlines, Inc. | ||||||||
Term Loan B, | ||||||||
3-Month LIBOR + 3.75%, | 425,324 | 425,324 | ||||||
|
| |||||||
2,328,464 | ||||||||
|
| |||||||
Personal Care Products - 0.1% | ||||||||
Sunshine Luxembourg VII SARL | ||||||||
Term Loan B3, | ||||||||
3-Month Term SOFR + 3.75%, | 545,199 | 544,313 | ||||||
|
| |||||||
Pharmaceuticals - 0.1% | ||||||||
Curium BidCo SARL | ||||||||
Term Loan, | ||||||||
3-Month LIBOR + 4.25%, | 494,574 | 493,956 | ||||||
Organon & Co. | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 3.00%, | 201,902 | 201,229 | ||||||
PRA Health Sciences, Inc. | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 2.25%, | 37,239 | 37,216 | ||||||
|
| |||||||
732,401 | ||||||||
|
| |||||||
Professional Services - 0.2% | ||||||||
Ensemble RCM LLC | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 3.75%, | 213,170 | 212,828 | ||||||
KUEHG Corp. | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 5.00%, | 434,195 | 431,589 | ||||||
MPH Acquisition Holdings LLC | ||||||||
Term Loan B, | ||||||||
3-Month LIBOR + 4.25%, | 585,940 | 551,369 | ||||||
Verscend Holding Corp. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 4.00%, | 707,974 | 706,837 | ||||||
|
| |||||||
1,902,623 | ||||||||
|
| |||||||
Real Estate Management & Development - 0.1% | ||||||||
Brookfield WEC Holdings, Inc. | ||||||||
Term Loan, | ||||||||
1-Month LIBOR + 2.75%, | 531,969 | 530,760 | ||||||
1-Month Term SOFR + 3.75%, | 58,954 | 58,913 | ||||||
Cushman & Wakefield US Borrower LLC | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 3.25%, | 159,304 | 153,728 | ||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 2.75%, | 126,296 | 125,901 | ||||||
|
| |||||||
869,302 | ||||||||
|
|
Transamerica Funds | Page 20 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
LOAN ASSIGNMENTS (continued) | ||||||||
Semiconductors & Semiconductor Equipment - 0.0% (C) | ||||||||
Altar Bidco, Inc. | ||||||||
Term Loan, | ||||||||
6-Month Term SOFR + 3.10%, | $ 161,182 | $ 159,805 | ||||||
|
| |||||||
Software - 1.0% | ||||||||
Applied Systems, Inc. | ||||||||
1st Lien Term Loan, | ||||||||
3-Month Term SOFR + 4.50%, | 519,396 | 520,045 | ||||||
2nd Lien Term Loan, | ||||||||
3-Month Term SOFR + 6.75%, | 73,849 | 74,033 | ||||||
Barracuda Networks, Inc. | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 4.50%, | 569,216 | 557,760 | ||||||
Camelot US Acquisition LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.00%, | 250,592 | 250,279 | ||||||
CDK Global, Inc. | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 4.25%, | 716,939 | 716,939 | ||||||
Corel Corp. | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 5.00%, | 669,953 | 625,569 | ||||||
DCert Buyer, Inc. | ||||||||
2nd Lien Term Loan, | ||||||||
3-Month Term SOFR + 7.00%, | 101,488 | 94,384 | ||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 4.00%, | 670,178 | 666,944 | ||||||
Epicor Software Corp. | ||||||||
2nd Lien Term Loan, | ||||||||
1-Month Term SOFR + 7.75%, | 59,907 | 60,056 | ||||||
Term Loan, | ||||||||
1-Month Term SOFR + 3.25%, | 516,389 | 512,657 | ||||||
Greeneden US Holdings II LLC | ||||||||
Term Loan B4, | ||||||||
1-Month Term SOFR + 4.00%, | 998,056 | 996,029 | ||||||
Helios Software Holdings, Inc. | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 3.75%, | 387,789 | 378,385 | ||||||
McAfee LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.75%, | 1,037,422 | 1,001,372 | ||||||
Mitnick Corporate Purchaser, Inc. | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 4.75%, | 102,241 | 96,617 | ||||||
Project Boost Purchaser LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.50%, | 543,479 | 540,285 |
Principal | Value | |||||||
LOAN ASSIGNMENTS (continued) | ||||||||
Software (continued) | ||||||||
Proofpoint, Inc. | ||||||||
1st Lien Term Loan, | ||||||||
1-Month Term SOFR + 3.25%, | $ 671,630 | $ 661,127 | ||||||
Rackspace Technology Global, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 2.75%, | 183,472 | 79,734 | ||||||
RealPage, Inc. | ||||||||
1st Lien Term Loan, | ||||||||
1-Month Term SOFR + 3.00%, | 559,765 | 549,461 | ||||||
Sophia LP | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 4.25%, | 734,112 | 728,377 | ||||||
Storable, Inc. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.50%, | 327,525 | 322,681 | ||||||
Ultimate Software Group, Inc. | ||||||||
2nd Lien Term Loan, | ||||||||
3-Month Term SOFR + 5.25%, | 63,678 | 62,700 | ||||||
Term Loan, | ||||||||
3-Month Term SOFR + 3.25%, | 77,743 | 77,257 | ||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 3.75%, | 699,531 | 697,258 | ||||||
VS Buyer LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.25%, | 281,583 | 279,119 | ||||||
|
| |||||||
10,549,068 | ||||||||
|
| |||||||
Specialty Retail - 0.2% | ||||||||
Belron Finance US LLC | ||||||||
Term Loan B, | ||||||||
3-Month LIBOR + 2.43%, | 60,835 | 60,789 | ||||||
Term Loan B3, | ||||||||
3-Month Term SOFR + 2.25%, | 148,649 | 148,370 | ||||||
Driven Holdings LLC | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 3.00%, | 348,364 | 342,268 | ||||||
Mavis Tire Express Services Corp. | ||||||||
Term Loan B, | ||||||||
1-Month Term SOFR + 4.00%, | 571,569 | 570,038 | ||||||
Petco Health & Wellness Co., Inc. | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 3.25%, | 512,273 | 510,160 | ||||||
|
| |||||||
1,631,625 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals - 0.0% (C) | ||||||||
NCR Corp. | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 2.50%, | 170,093 | 169,498 | ||||||
|
|
Transamerica Funds | Page 21 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Principal | Value | |||||||
LOAN ASSIGNMENTS (continued) | ||||||||
Textiles, Apparel & Luxury Goods - 0.1% | ||||||||
Birkenstock GmbH & Co. KG | ||||||||
Term Loan B, | ||||||||
3-Month Term SOFR + 3.25%, | $ 529,519 | $ 528,305 | ||||||
Varsity Brands, Inc. | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 5.00%, | 849,882 | 821,730 | ||||||
|
| |||||||
1,350,035 | ||||||||
|
| |||||||
Transportation Infrastructure - 0.1% | ||||||||
Brown Group Holding LLC | ||||||||
Term Loan B2, | ||||||||
1-Month Term SOFR + 3.75%, | 245,535 | 245,177 | ||||||
KKR Apple Bidco LLC | ||||||||
Term Loan, | ||||||||
1-Month Term SOFR + 2.75%, | 194,119 | 192,367 | ||||||
1-Month Term SOFR + 4.00%, | 123,088 | 122,883 | ||||||
|
| |||||||
560,427 | ||||||||
|
| |||||||
Wireless Telecommunication Services - 0.2% | ||||||||
Altice France SA | ||||||||
Term Loan B14, | ||||||||
3-Month Term SOFR + 5.50%, | 1,263,508 | 1,031,865 | ||||||
CCI Buyer, Inc. | ||||||||
Term Loan, | ||||||||
3-Month Term SOFR + 4.00%, | 727,831 | 711,819 | ||||||
|
| |||||||
1,743,684 | ||||||||
|
| |||||||
Total Loan Assignments |
| 87,367,297 | ||||||
|
| |||||||
U.S. GOVERNMENT AGENCY OBLIGATIONS - 9.2% | ||||||||
Government National Mortgage Association |
| |||||||
TBA, 3.00%, 08/20/2053 (G) | 17,020,000 | 15,157,772 | ||||||
Uniform Mortgage-Backed Security | ||||||||
TBA, 2.00%, 08/01/2053 (G) | 2,860,000 | 2,316,600 | ||||||
TBA, 2.50%, 08/01/2038 - 08/01/2053 (G) | 55,580,000 | 49,584,746 | ||||||
TBA, 3.00%, 08/01/2053 (G) | 31,950,000 | 27,955,002 | ||||||
|
| |||||||
Total U.S. Government Agency Obligations |
| 95,014,120 | ||||||
|
| |||||||
U.S. GOVERNMENT OBLIGATIONS - 17.8% | ||||||||
U.S. Treasury - 17.8% | ||||||||
U.S. Treasury Bonds | ||||||||
3.63%, 05/15/2053 | 340,000 | 316,944 | ||||||
3.88%, 02/15/2043 - 05/15/2043 | 18,119,000 | 17,291,884 | ||||||
U.S. Treasury Notes | ||||||||
0.25%, 05/15/2024 - 06/15/2024 | 51,000,000 | 48,895,000 | ||||||
2.00%, 04/30/2024 - 05/31/2024 | 45,000,000 | 43,818,164 | ||||||
2.38%, 04/30/2026 | 1,000,000 | 943,789 | ||||||
2.50%, 05/15/2024 | 25,000,000 | 24,437,500 | ||||||
3.38%, 05/15/2033 | 6,455,000 | 6,152,422 | ||||||
3.50%, 04/30/2028 | 15,000,000 | 14,539,453 | ||||||
3.63%, 03/31/2028 | 1,900,000 | 1,851,906 |
Principal | Value | |||||||
U.S. GOVERNMENT OBLIGATIONS (continued) | ||||||||
U.S. Treasury (continued) | ||||||||
U.S. Treasury Notes (continued) | ||||||||
3.75%, 06/30/2030 | $ 469,000 | $ 459,547 | ||||||
3.88%, 12/31/2029 | 1,350,000 | 1,330,383 | ||||||
4.00%, 02/29/2028 | 5,000,000 | 4,952,148 | ||||||
4.13%, 07/31/2028 | 6,991,000 | 6,974,069 | ||||||
4.63%, 02/28/2025 | 5,000,000 | 4,961,523 | ||||||
4.75%, 07/31/2025 | 5,893,000 | 5,879,418 | ||||||
|
| |||||||
Total U.S. Government Obligations |
| 182,804,150 | ||||||
|
| |||||||
Shares | Value | |||||||
COMMON STOCKS - 0.4% | ||||||||
Energy Equipment & Services - 0.4% | ||||||||
Hi-Crush, Inc. (I) (J) (L) (M) | 78 | 3,724,812 | ||||||
|
| |||||||
Machinery - 0.0% | ||||||||
Ameriforge Group, Inc. (I) (J) (L) (M) (N) | 2,679 | 0 | ||||||
|
| |||||||
Total Common Stocks |
| 3,724,812 | ||||||
|
| |||||||
PREFERRED STOCKS - 0.2% | ||||||||
Banks - 0.2% | ||||||||
Customers Bancorp, Inc., | ||||||||
5.38% | 79,110 | 1,571,916 | ||||||
|
| |||||||
Insurance - 0.0% (C) | ||||||||
Allstate Corp., | ||||||||
7.38% (O) | 11,854 | 318,161 | ||||||
|
| |||||||
Total Preferred Stocks |
| 1,890,077 | ||||||
|
| |||||||
Principal | Value | |||||||
SHORT-TERM FOREIGN GOVERNMENT OBLIGATIONS - 0.2% | ||||||||
Hungary - 0.2% | ||||||||
Hungary Government Bonds | ||||||||
6.00% (O), 11/24/2023 | $ 800,000,000 | 2,237,448 | ||||||
|
| |||||||
Total Short-Term Foreign Government Obligations |
| 2,237,448 | ||||||
|
| |||||||
SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 9.6% | ||||||||
U.S. Treasury Bills | ||||||||
5.23% (O), 08/22/2023 | 32,000,000 | 31,901,814 | ||||||
5.25% (O), 08/15/2023 | 4,000,000 | 3,991,808 | ||||||
5.27% (O), 09/28/2023 | 32,000,000 | 31,727,735 | ||||||
5.39% (O), 09/19/2023 | 31,300,000 | 31,075,874 | ||||||
5.50% (O), 01/25/2024 | 678,000 | 660,441 | ||||||
|
| |||||||
Total Short-Term U.S. Government Obligations |
| 99,357,672 | ||||||
|
| |||||||
Shares | Value | |||||||
SHORT-TERM INVESTMENT COMPANY - 3.7% | ||||||||
Money Market Fund - 3.7% | ||||||||
State Street Institutional U.S. Government Money Market Fund, 5.19% (O) | 37,986,521 | 37,986,521 | ||||||
|
| |||||||
Total Short-Term Investment Company |
| 37,986,521 | ||||||
|
|
Transamerica Funds | Page 22 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
Shares | Value | |||||||
OTHER INVESTMENT COMPANY - 0.9% | ||||||||
Securities Lending Collateral - 0.9% | ||||||||
State Street Navigator Securities Lending Trust - Government Money Market Portfolio, 5.28% (O) | 9,630,126 | $ 9,630,126 | ||||||
|
| |||||||
Total Other Investment Company |
| 9,630,126 | ||||||
|
| |||||||
Total Investments |
| 1,123,907,369 | ||||||
Net Other Assets (Liabilities) - (9.1)% | (93,735,520 | ) | ||||||
|
| |||||||
Net Assets - 100.0% | $ 1,030,171,849 | |||||||
|
|
Transamerica Funds | Page 23 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
FUTURES CONTRACTS:
Short Futures Contracts
Description | Number of Contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation | Unrealized Depreciation | ||||||||||||||||||||||||
German Euro BOBL | (90 | ) | 09/07/2023 | $ | (11,530,996 | ) | $ | (11,467,899 | ) | $ | 63,097 | $ | — | |||||||||||||||||
German Euro Bund | (45 | ) | 09/07/2023 | (6,599,194 | ) | (6,580,510 | ) | 18,684 | — | |||||||||||||||||||||
|
|
|
| |||||||||||||||||||||||||||
Total Futures Contracts | $ | 81,781 | $ | — | ||||||||||||||||||||||||||
|
|
|
|
FORWARD FOREIGN CURRENCY CONTRACTS:
Counterparty | Settlement Date | Currency Purchased | Currency Sold | Unrealized Appreciation | Unrealized Depreciation | |||||||||||||||||||
JPMS | 09/07/2023 | USD | 38,200,000 | EUR | 33,923,101 | $ | 829,010 | $ | — | |||||||||||||||
JPMS | 09/20/2023 | USD | 80,791,933 | JPY | 11,400,000,000 | 8,303 | — | |||||||||||||||||
JPMS | 09/20/2023 | JPY | 9,200,000,000 | USD | 64,429,380 | 764,427 | — | |||||||||||||||||
JPMS | 11/16/2023 | USD | 21,700,000 | EUR | 19,207,036 | 467,760 | — | |||||||||||||||||
|
|
|
| |||||||||||||||||||||
Total | $ | 2,069,500 | $ | — | ||||||||||||||||||||
|
|
|
|
INVESTMENT VALUATION:
Valuation Inputs (P)
Level 1 - Unadjusted Quoted Prices | Level 2 - Other Significant Observable Inputs | Level 3 - Significant Unobservable Inputs (Q) | Value | |||||||||||||
ASSETS | ||||||||||||||||
Investments | ||||||||||||||||
Asset-Backed Securities | $ | — | $ | 98,247,678 | $ | — | $ | 98,247,678 | ||||||||
Corporate Debt Securities | — | 442,630,953 | — | 442,630,953 | ||||||||||||
Foreign Government Obligations | — | 63,016,515 | — | 63,016,515 | ||||||||||||
Loan Assignments | — | 87,367,297 | — | 87,367,297 | ||||||||||||
U.S. Government Agency Obligations | — | 95,014,120 | — | 95,014,120 | ||||||||||||
U.S. Government Obligations | — | 182,804,150 | — | 182,804,150 | ||||||||||||
Common Stocks | — | — | 3,724,812 | 3,724,812 | ||||||||||||
Preferred Stocks | 1,890,077 | — | — | 1,890,077 | ||||||||||||
Short-Term Foreign Government Obligations | — | 2,237,448 | — | 2,237,448 | ||||||||||||
Short-Term U.S. Government Obligations | — | 99,357,672 | — | 99,357,672 | ||||||||||||
Short-Term Investment Company | 37,986,521 | — | — | 37,986,521 | ||||||||||||
Other Investment Company | 9,630,126 | — | — | 9,630,126 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | $ | 49,506,724 | $ | 1,070,675,833 | $ | 3,724,812 | $ | 1,123,907,369 | ||||||||
|
|
|
|
|
|
|
| |||||||||
Other Financial Instruments |
| |||||||||||||||
Futures Contracts (R) | $ | 81,781 | $ | — | $ | — | $ | 81,781 | ||||||||
Forward Foreign Currency Contracts (R) | — | 2,069,500 | — | 2,069,500 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Other Financial Instruments | $ | 81,781 | $ | 2,069,500 | $ | — | $ | 2,151,281 | ||||||||
|
|
|
|
|
|
|
|
FOOTNOTES TO SCHEDULE OF INVESTMENTS:
(A) | 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. | |
(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, 2023, the total value of 144A securities is $182,100,988, representing 17.7% of the Fund’s net assets. | |
(C) | Percentage rounds to less than 0.1% or (0.1)%. | |
(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, 2023, the total value of Regulation S securities is $205,349,400, representing 19.9% of the Fund’s net assets. | |
(E) | Perpetual maturity. The date displayed is the next call date. |
Transamerica Funds | Page 24 |
Transamerica Unconstrained Bond
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
FOOTNOTES TO SCHEDULE OF INVESTMENTS (continued):
(F) | All or a portion of the securities are on loan. The total value of all securities on loan is $9,439,148, collateralized by cash collateral of $9,630,126. 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. | |
(G) | 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. | |
(H) | All or a portion of the security represents unsettled loan commitments at July 31, 2023 where the rate will be determined at time of settlement. | |
(I) | Restricted securities. At July 31, 2023, 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. | 04/06/2021 | $ | 103,474 | $ | 2,974 | 0.0 | %(C) | ||||||||||
Common Stocks | Hi-Crush, Inc. | 10/08/2020 - 11/02/2021 | 473,091 | 3,724,812 | 0.4 | |||||||||||||
Common Stocks | Ameriforge Group, Inc. | 04/20/2016 - 05/13/2016 | 91,268 | 0 | 0.0 | |||||||||||||
|
|
|
|
|
| |||||||||||||
Total | $ | 667,833 | $ | 3,727,786 | 0.4 | % | ||||||||||||
|
|
|
|
|
|
(J) | Non-income producing securities. | |
(K) | Security in default; no interest payments received and/or dividends declared during the last 12 months. At July 31, 2023, the value of this security is $2,974, representing less than 0.1% of the Fund’s net assets. | |
(L) | Fair valued as determined in good faith in accordance with procedures established by the Board. At July 31, 2023, the total value of securities is $3,724,812, representing 0.4% of the Fund’s net assets. | |
(M) | Securities are Level 3 of the fair value hierarchy. | |
(N) | Security deemed worthless. | |
(O) | Rates disclosed reflect the yields at July 31, 2023. | |
(P) | 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. | |
(Q) | Level 3 securities were not considered significant to the Fund. | |
(R) | Derivative instruments are valued at unrealized appreciation (depreciation). |
CURRENCY ABBREVIATIONS:
BRL | Brazilian Real | |
COP | Columbian Peso | |
EUR | Euro | |
HUF | Hungarian Forint | |
IDR | Indonesian Rupiah | |
JPY | Japanese Yen | |
MXN | Mexican Peso | |
PEN | Peruvian Sol | |
PLN | Polish Zloty | |
USD | United States Dollar | |
UYU | Uruguayan Peso | |
ZAR | South African Rand |
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 | |
REIT | Real Estate Investment Trust | |
SOFR | Secured Overnight Financing Rate | |
TBA | To Be Announced | |
TBD | To Be Determined |
Transamerica Funds | Page 25 |
Transamerica Unconstrained Bond
NOTES TO SCHEDULE OF INVESTMENTS
At July 31, 2023
(unaudited)
INVESTMENT VALUATION
Transamerica Unconstrained 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 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, 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 26 |
Transamerica Unconstrained Bond
NOTES TO SCHEDULE OF INVESTMENTS (continued)
At July 31, 2023
(unaudited)
U.S. government agency obligations: U.S. government agency obligations are comprised of two main categories consisting of agency issued debt and mortgage pass-throughs. Generally, agency issued debt securities are valued in a manner similar to U.S. government obligations. Mortgage pass-throughs include to be announced (“TBA”) securities and mortgage pass-through certificates. Generally, TBA securities and mortgage pass-throughs are valued using dealer quotations. Depending on market activity levels and whether quotations or other observable data are used, these securities are typically categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.
U.S. government obligations: U.S. government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. U.S. government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.
Equity securities: Securities are stated at the last reported sales price or closing price on the day of valuation taken from the primary exchange where the security is principally traded. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Equities traded on inactive markets or valued by reference to similar instruments are generally categorized in Level 2 or Level 3 if inputs are unobservable.
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.
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.
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 27 |