Transamerica Multi-Managed Balanced

SCHEDULE OF INVESTMENTS

At July 31, 2022

(unaudited)

	Shares		Value
COMMON STOCKS - 59.2%
Aerospace & Defense - 0.7%
Northrop Grumman Corp.		4,222		$  2,021,916
Raytheon Technologies Corp.		48,827		4,551,164
Textron, Inc.		30,359		1,992,765
				8,565,845
Air Freight & Logistics - 0.8%
FedEx Corp.		10,286		2,397,564
United Parcel Service, Inc., Class B		37,500		7,308,375
				9,705,939
Airlines - 0.0% (A)
Southwest Airlines Co. (B)		15,252		581,406
Auto Components - 0.1%
Aptiv PLC (B)		5,606		588,013
Magna International, Inc.		18,168		1,160,209
				1,748,222
Automobiles - 1.3%
General Motors Co. (B)		22,684		822,522
Rivian Automotive, Inc., Class A (B) (C)		6,031		206,863
Tesla, Inc. (B)		16,193		14,435,250
				15,464,635
Banks - 2.2%
Bank of America Corp.		193,536		6,543,452
Citigroup, Inc.		19,577		1,016,046
Fifth Third Bancorp		78,210		2,668,525
SVB Financial Group (B)		2,023		816,382
Truist Financial Corp.		48,163		2,430,787
US Bancorp		96,536		4,556,499
Wells Fargo & Co.		183,736		8,060,499
				26,092,190
Beverages - 1.2%
Coca-Cola Co.		135,995		8,726,799
Constellation Brands, Inc., Class A		11,439		2,817,540
PepsiCo, Inc.		16,860		2,949,826
				14,494,165
Biotechnology - 1.5%
AbbVie, Inc.		62,632		8,988,318
Biogen, Inc. (B)		6,428		1,382,406
BioMarin Pharmaceutical, Inc. (B)		4,800		413,040
Neurocrine Biosciences, Inc. (B)		4,781		450,035
Regeneron Pharmaceuticals, Inc. (B)		6,113		3,555,871
Vertex Pharmaceuticals, Inc. (B)		12,248		3,434,462
				18,224,132
Building Products - 0.5%
Masco Corp.		32,665		1,808,988
Trane Technologies PLC		28,455		4,182,600
				5,991,588
Capital Markets - 0.7%
Morgan Stanley		37,694		3,177,604
Raymond James Financial, Inc.		6,534		643,403

	Shares		Value
COMMON STOCKS (continued)
Capital Markets (continued)
State Street Corp.		35,992		$   2,556,872
T. Rowe Price Group, Inc.		21,156		2,612,131
				8,990,010
Chemicals - 1.1%
Air Products & Chemicals, Inc.		4,667		1,158,489
Celanese Corp.		4,596		540,076
DuPont de Nemours, Inc.		19,777		1,210,946
Eastman Chemical Co.		22,938		2,200,442
Linde PLC		17,320		5,230,640
PPG Industries, Inc.		19,931		2,576,879
				12,917,472
Commercial Services & Supplies - 0.1%
Cintas Corp.		2,112		898,635
Communications Equipment - 0.1%
Motorola Solutions, Inc.		5,130		1,223,967
Construction Materials - 0.2%
Martin Marietta Materials, Inc.		5,699		2,006,504
Consumer Finance - 0.9%
American Express Co.		34,598		5,328,784
Capital One Financial Corp.		11,861		1,302,694
S&P Global, Inc.		12,508		4,714,640
				11,346,118
Containers & Packaging - 0.1%
Avery Dennison Corp.		6,790		1,293,223
Diversified Financial Services - 1.0%
Berkshire Hathaway, Inc., Class B (B)		34,497		10,369,798
Intercontinental Exchange, Inc.		21,245		2,166,778
				12,536,576
Diversified Telecommunication Services - 0.1%
Verizon Communications, Inc.		28,616		1,321,773
Electric Utilities - 1.1%
Evergy, Inc.		13,366		912,363
Exelon Corp.		109,912		5,109,809
FirstEnergy Corp.		48,761		2,004,077
NextEra Energy, Inc.		65,313		5,518,296
				13,544,545
Electrical Equipment - 0.4%
Eaton Corp. PLC		32,159		4,772,074
Energy Equipment & Services - 0.1%
Baker Hughes Co.		23,731		609,649
Entertainment - 0.3%
Netflix, Inc. (B)		12,507		2,812,824
Walt Disney Co. (B)		12,120		1,285,932
				4,098,756
Equity Real Estate Investment Trusts - 1.6%
Camden Property Trust		18,100		2,553,910
Duke Realty Corp.		8,561		535,576
Equinix, Inc.		3,086		2,171,742
Equity LifeStyle Properties, Inc.		19,090		1,403,497
Host Hotels & Resorts, Inc.		57,759		1,028,688
Kimco Realty Corp.		53,117		1,174,417
Prologis, Inc.		37,171		4,927,388
SBA Communications Corp.		4,594		1,542,619
Sun Communities, Inc.		11,067		1,814,545

Transamerica Funds Page    1

Transamerica Multi-Managed Balanced

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)

	Shares		Value
COMMON STOCKS (continued)
Equity Real Estate Investment Trusts (continued)
UDR, Inc.		8,769		$   424,419
Ventas, Inc.		40,905		2,199,871
				19,776,672
Food & Staples Retailing - 0.8%
Costco Wholesale Corp.		12,423		6,724,570
Walmart, Inc.		20,631		2,724,324
				9,448,894
Food Products - 0.4%
Hershey Co.		5,465		1,245,801
Mondelez International, Inc., Class A		62,516		4,003,525
				5,249,326
Health Care Equipment & Supplies - 1.4%
Abbott Laboratories		29,205		3,178,672
ABIOMED, Inc. (B)		896		262,537
Baxter International, Inc.		45,091		2,645,038
Boston Scientific Corp. (B)		70,687		2,901,702
Dexcom, Inc. (B)		7,640		627,091
Intuitive Surgical, Inc. (B)		14,937		3,438,049
Medtronic PLC		23,915		2,212,616
Zimmer Biomet Holdings, Inc.		17,730		1,957,215
				17,222,920
Health Care Providers & Services - 2.1%
Centene Corp. (B)		49,742		4,624,514
Elevance Health, Inc.		8,596		4,101,151
Humana, Inc.		2,575		1,241,150
McKesson Corp.		5,474		1,869,809
UnitedHealth Group, Inc.		24,124		13,083,410
				24,920,034
Hotels, Restaurants & Leisure - 1.3%
Booking Holdings, Inc. (B)		1,651		3,195,824
Chipotle Mexican Grill, Inc. (B)		2,151		3,364,638
Expedia Group, Inc. (B)		11,951		1,267,404
Marriott International, Inc., Class A		12,421		1,972,703
McDonald’s Corp.		20,854		5,492,318
Royal Caribbean Cruises Ltd. (B)		4,403		170,440
Yum! Brands, Inc.		6,191		758,645
				16,221,972
Household Durables - 0.3%
Lennar Corp., Class A		33,101		2,813,585
PulteGroup, Inc.		5,034		219,583
Toll Brothers, Inc.		15,897		781,815
				3,814,983
Household Products - 0.8%
Kimberly-Clark Corp.		18,227		2,402,136
Procter & Gamble Co.		49,411		6,863,682
				9,265,818
Industrial Conglomerates - 0.3%
Honeywell International, Inc.		20,211		3,889,809
Insurance - 1.2%
Aon PLC, Class A		7,056		2,053,578
Arthur J Gallagher & Co.		5,701		1,020,422
Hartford Financial Services Group, Inc.		49,281		3,177,146
Progressive Corp.		46,498		5,350,060

	Shares		Value
COMMON STOCKS (continued)
Insurance (continued)
Prudential Financial, Inc.		6,426		$   642,536
Travelers Cos., Inc.		15,726		2,495,716
				14,739,458
Interactive Media & Services - 3.4%
Alphabet, Inc., Class A (B)		158,560		18,443,699
Alphabet, Inc., Class C (B)		116,820		13,625,885
Meta Platforms, Inc., Class A (B)		49,861		7,932,885
ZoomInfo Technologies, Inc. (B)		19,746		748,176
				40,750,645
Internet & Direct Marketing Retail - 2.2%
Amazon.com, Inc. (B)		197,420		26,641,829
IT Services - 2.7%
Accenture PLC, Class A		22,175		6,791,316
Affirm Holdings, Inc. (B) (C)		16,772		450,160
Automatic Data Processing, Inc.		7,849		1,892,551
FleetCor Technologies, Inc. (B)		10,061		2,214,325
Mastercard, Inc., Class A		29,486		10,431,852
Visa, Inc., Class A		52,396		11,113,716
				32,893,920
Life Sciences Tools & Services - 1.2%
Danaher Corp.		19,493		5,681,625
Thermo Fisher Scientific, Inc.		14,856		8,889,979
				14,571,604
Machinery - 1.3%
Deere & Co.		17,982		6,171,063
Dover Corp.		11,156		1,491,334
Ingersoll Rand, Inc.		22,657		1,128,319
Otis Worldwide Corp.		40,690		3,180,737
Parker-Hannifin Corp.		11,806		3,412,996
				15,384,449
Media - 0.8%
Charter Communications, Inc., Class A (B)		8,970		3,875,937
Comcast Corp., Class A		133,876		5,023,027
Fox Corp., Class A		4,714		156,081
Interpublic Group of Cos., Inc.		8,186		244,516
				9,299,561
Metals & Mining - 0.1%
Freeport-McMoRan, Inc.		24,950		787,173
Nucor Corp.		6,018		817,244
				1,604,417
Multi-Utilities - 0.7%
Ameren Corp.		24,862		2,315,150
CenterPoint Energy, Inc.		69,415		2,199,761
Sempra Energy		20,998		3,481,468
				7,996,379
Oil, Gas & Consumable Fuels - 2.6%
Chevron Corp.		18,533		3,035,335
ConocoPhillips		73,802		7,190,529
Coterra Energy, Inc.		40,908		1,251,376
Diamondback Energy, Inc.		31,382		4,017,524
EOG Resources, Inc.		35,148		3,909,160
Exxon Mobil Corp.		77,170		7,480,088
Phillips 66		15,203		1,353,067
Pioneer Natural Resources Co.		11,810		2,798,379
				31,035,458

Transamerica Funds Page    2

Transamerica Multi-Managed Balanced

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)

	Shares		Value
COMMON STOCKS (continued)
Pharmaceuticals - 2.3%
Bristol-Myers Squibb Co.		94,064		$   6,940,042
Eli Lilly & Co.		22,305		7,353,735
Johnson & Johnson		42,569		7,429,142
Merck & Co., Inc.		46,205		4,127,955
Pfizer, Inc.		44,191		2,232,087
				28,082,961
Professional Services - 0.3%
Booz Allen Hamilton Holding Corp.		7,477		717,643
Leidos Holdings, Inc.		22,071		2,361,597
				3,079,240
Road & Rail - 0.6%
Norfolk Southern Corp.		16,414		4,122,704
Uber Technologies, Inc. (B)		21,186		496,812
Union Pacific Corp.		10,965		2,492,345
				7,111,861
Semiconductors & Semiconductor Equipment - 3.7%
Advanced Micro Devices, Inc. (B)		57,137		5,397,732
Analog Devices, Inc.		37,209		6,398,460
Applied Materials, Inc.		6,390		677,212
Lam Research Corp.		10,108		5,059,155
Microchip Technology, Inc.		39,788		2,739,802
Micron Technology, Inc.		16,972		1,049,888
NVIDIA Corp.		45,854		8,328,462
NXP Semiconductors NV		28,258		5,196,081
QUALCOMM, Inc.		14,340		2,080,160
Texas Instruments, Inc.		42,737		7,645,222
				44,572,174
Software - 5.3%
Adobe, Inc. (B)		9,424		3,864,971
Fortinet, Inc. (B)		14,325		854,486
Intuit, Inc.		11,821		5,392,386
Microsoft Corp.		178,050		49,985,757
Oracle Corp.		18,248		1,420,424
Salesforce, Inc. (B)		11,282		2,076,114
Workday, Inc., Class A (B)		7,251		1,124,630
				64,718,768
Specialty Retail - 1.7%
AutoNation, Inc. (B)		7,407		879,507
AutoZone, Inc. (B)		745		1,592,356
Best Buy Co., Inc.		30,013		2,310,701
Burlington Stores, Inc. (B) (C)		3,578		504,963
Home Depot, Inc.		7,518		2,262,467
Lowe’s Cos., Inc.		35,427		6,785,333
O’Reilly Automotive, Inc. (B)		5,699		4,009,759
TJX Cos., Inc.		37,481		2,292,338
				20,637,424
Technology Hardware, Storage & Peripherals - 4.5%
Apple, Inc.		318,024		51,682,080
Seagate Technology Holdings PLC		40,593		3,246,628
				54,928,708
Textiles, Apparel & Luxury Goods - 0.3%
NIKE, Inc., Class B		33,527		3,852,923

	Shares		Value
COMMON STOCKS (continued)
Tobacco - 0.5%
Altria Group, Inc.		56,547		$   2,480,151
Philip Morris International, Inc.		31,673		3,077,032
				5,557,183
Wireless Telecommunication Services - 0.3%
T-Mobile US, Inc. (B)		25,153		3,598,388
Total Common Stocks (Cost $416,098,500)				717,295,202
PREFERRED STOCKS - 0.0% (A)
Banks - 0.0% (A)
Citigroup Capital XIII,
3-Month LIBOR + 6.37%, 9.18% (D)		11,963		326,949
Electric Utilities - 0.0% (A)
SCE Trust III,
Series H, Fixed until 03/15/2024, 5.75% (D)		960		21,168
Total Preferred Stocks (Cost $351,477)				348,117
	Principal		Value
ASSET-BACKED SECURITIES - 2.6%
321 Henderson Receivables VI LLC
Series 2010-1A, Class A,
5.56%, 07/15/2059 (E)		$  183,589		187,285
Accelerated LLC
Series 2021-1H, Class A,
1.35%, 10/20/2040 (E)		340,869		319,551
Bavarian Sky UK 5 PLC
Series 2014-1A, Class A1A2,
3-Month LIBOR + 1.20%,
3.91% (D), 10/20/2034 (E)		2,200,000		2,123,451
BRE Grand Islander Timeshare Issuer LLC
Series 2017-1A, Class A,
2.94%, 05/25/2029 (E)		155,463		151,800
BXG Receivables Note Trust
Series 2015-A, Class A,
2.88%, 05/02/2030 (E)		130,625		128,927
CIFC Funding Ltd.
Series 2013-2A, Class A1L2,
3-Month LIBOR + 1.00%,
3.74% (D), 10/18/2030 (E)		2,490,000		2,456,084
Diamond Resorts Owner Trust
Series 2019-1A, Class A,
2.89%, 02/20/2032 (E)		104,561		102,614
GoodLeap Sustainable Home Solutions Trust
Series 2021-4GS, Class A,
1.93%, 07/20/2048 (E)		837,180		723,911
Series 2021-5CS, Class A,
2.31%, 10/20/2048 (E)		966,776		833,879
Series 2022-1GS, Class A,
2.70%, 01/20/2049 (E)		1,275,358		1,144,203
JG Wentworth XXII LLC
Series 2010-3A, Class A,
3.82%, 12/15/2048 (E)		309,348		305,833
JGWPT XXVIII LLC
Series 2013-1A, Class A,
3.22%, 04/15/2067 (E)		698,212		660,349

Transamerica Funds Page    3

Transamerica Multi-Managed Balanced

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)

	Principal		Value
ASSET-BACKED SECURITIES (continued)
Laurel Road Prime Student Loan Trust
Series 2018-B, Class A2FX,
3.54%, 05/26/2043 (E)		$   59,856		$   59,797
Longfellow Place CLO Ltd.
Series 2013-1A, Class AR3,
3-Month LIBOR + 1.00%,
3.51% (D), 04/15/2029 (E)		440,638		437,097
MVW LLC
Series 2021-1WA, Class A,
1.14%, 01/22/2041 (E)		653,993		611,278
MVW Owner Trust
Series 2016-1A, Class A,
2.25%, 12/20/2033 (E)		38,610		38,446
Series 2019-1A, Class A,
2.89%, 11/20/2036 (E)		113,772		110,195
New Residential Advance Receivables Trust
Series 2020-APT1, Class AT1,
1.03%, 12/16/2052 (E)		1,875,000		1,834,208
Series 2020-T1, Class AT1,
1.43%, 08/15/2053 (E)		1,950,000		1,864,168
NRZ Advance Receivables Trust
Series 2020-T2, Class AT2,
1.48%, 09/15/2053 (E)		1,900,000		1,811,878
Series 2020-T3, Class AT3,
1.32%, 10/15/2052 (E)		40,000		39,721
Octagon Investment Partners 33 Ltd.
Series 2017-1A, Class A1,
3-Month LIBOR + 1.19%,
3.90% (D), 01/20/2031 (E)		800,000		787,299
Ocwen Master Advance Receivables Trust
Series 2020-T1, Class AT1,
1.28%, 08/15/2052 (E)		2,911,326		2,907,520
Orange Lake Timeshare Trust
Series 2016-A, Class A,
2.61%, 03/08/2029 (E)		248,736		242,079
Series 2018-A, Class A,
3.10%, 11/08/2030 (E)		39,074		38,241
Series 2018-A, Class B,
3.35%, 11/08/2030 (E)		31,970		31,255
Series 2019-A, Class A,
3.06%, 04/09/2038 (E)		272,561		264,739
Palmer Square CLO Ltd.
Series 2015-2A, Class A1R2,
3-Month LIBOR + 1.10%,
3.81% (D), 07/20/2030 (E)		2,000,000		1,972,132
Sierra Timeshare Receivables Funding LLC
Series 2020-2A, Class A,
1.33%, 07/20/2037 (E)		264,848		251,485
Series 2021-1A, Class A,
0.99%, 11/20/2037 (E)		857,310		810,112
SPS Servicer Advance Receivables Trust II
Series 2020-T1, Class AT1,
1.28%, 11/15/2052 (E)		320,667		317,341
Towd Point Mortgage Trust
Series 2016-4, Class A1,
2.25% (D), 07/25/2056 (E)		8,876		8,851
Series 2017-1, Class A1,
2.75% (D), 10/25/2056 (E)		159,140		157,968
Series 2017-2, Class A1,
2.75% (D), 04/25/2057 (E)		166,991		165,693
Series 2017-3, Class A1,
2.75% (D), 07/25/2057 (E)		98,481		97,299

	Principal		Value
ASSET-BACKED SECURITIES (continued)
Towd Point Mortgage Trust (continued)
Series 2017-4, Class A1,
2.75% (D), 06/25/2057 (E)		$   508,089		$   495,219
Series 2017-6, Class A1,
2.75% (D), 10/25/2057 (E)		267,999		263,405
Series 2018-1, Class A1,
3.00% (D), 01/25/2058 (E)		371,324		364,125
Series 2018-3, Class A1,
3.75% (D), 05/25/2058 (E)		736,879		722,635
Series 2018-4, Class A1,
3.00% (D), 06/25/2058 (E)		1,399,720		1,339,067
Series 2019-1, Class A1,
3.67% (D), 03/25/2058 (E)		798,538		783,307
Series 2020-4, Class A1,
1.75%, 10/25/2060 (E)		1,175,006		1,084,392
Trafigura Securitisation Finance PLC
Series 2021-1A, Class A2,
1.08%, 01/15/2025 (E)		1,300,000		1,175,349
Welk Resorts LLC
Series 2017-AA, Class A,
2.82%, 06/15/2033 (E)		200,399		197,220
Wellfleet CLO Ltd.
Series 2016-2A, Class A1R,
3-Month LIBOR + 1.14%,
3.85% (D), 10/20/2028 (E)		552,747		547,339
Total Asset-Backed Securities (Cost $32,459,848)				30,968,747
CORPORATE DEBT SECURITIES - 13.1%
Aerospace & Defense - 0.3%
Boeing Co.
3.50%, 03/01/2039		1,494,000		1,136,539
5.15%, 05/01/2030		1,117,000		1,129,035
Huntington Ingalls Industries, Inc.
2.04%, 08/16/2028		1,103,000		965,730
				3,231,304
Air Freight & Logistics - 0.1%
GXO Logistics, Inc.
2.65%, 07/15/2031		1,760,000		1,381,216
Airlines - 0.2%
American Airlines Pass-Through Trust
3.20%, 12/15/2029		570,274		518,448
JetBlue Pass-Through Trust
Series 2019, Class AA,
2.75%, 11/15/2033		981,962		864,997
Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd.
6.50%, 06/20/2027 (E)		898,289		907,263
United Airlines Pass-Through Trust
3.75%, 03/03/2028		611,218		571,678
				2,862,386
Auto Components - 0.1%
Aptiv PLC / Aptiv Corp.
3.25%, 03/01/2032		554,000		489,921
BorgWarner, Inc.
3.38%, 03/15/2025 (C)		572,000		562,124
				1,052,045
Automobiles - 0.0% (A)
General Motors Co.
6.25%, 10/02/2043		262,000		259,590

Transamerica Funds Page    4

Transamerica Multi-Managed Balanced

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Banks - 1.4%
ABN AMRO Bank NV
Fixed until 12/13/2031, 3.32% (D), 03/13/2037 (E)		$   1,200,000		$   969,745
Banco Santander SA
2.75%, 12/03/2030		600,000		483,481
Bank of America Corp.
Fixed until 06/19/2040, 2.68% (D), 06/19/2041		706,000		537,999
Fixed until 12/20/2027, 3.42% (D), 12/20/2028		1,097,000		1,049,628
Fixed until 04/27/2032, 4.57% (D), 04/27/2033		2,086,000		2,103,688
Citigroup, Inc.
Fixed until 10/27/2027, 3.52% (D), 10/27/2028		2,370,000		2,265,188
Commerzbank AG
8.13%, 09/19/2023 (E)		1,955,000		2,004,125
Intesa Sanpaolo SpA
Fixed until 06/01/2031, 4.20% (D), 06/01/2032 (E)		277,000		212,056
5.02%, 06/26/2024 (E)		420,000		406,613
JPMorgan Chase & Co.
Fixed until 05/13/2030, 2.96% (D), 05/13/2031		686,000		614,132
Fixed until 01/25/2032, 2.96% (D), 01/25/2033		1,158,000		1,031,917
Fixed until 02/01/2027, 3.78% (D), 02/01/2028		507,000		498,057
4.13%, 12/15/2026		1,209,000		1,224,675
UniCredit SpA
Fixed until 06/03/2031, 3.13% (D), 06/03/2032 (E)		1,506,000		1,202,809
Wells Fargo & Co.
Fixed until 03/15/2026 (F), 3.90% (D)		335,000		310,294
4.10%, 06/03/2026		1,342,000		1,346,234
Fixed until 06/15/2024 (F), 5.90% (D)		513,000		486,973
				16,747,614
Beverages - 0.1%
Anheuser-Busch InBev Worldwide, Inc.
4.44%, 10/06/2048		888,000		840,265
4.75%, 01/23/2029		421,000		443,333
Constellation Brands, Inc.
3.15%, 08/01/2029		575,000		536,782
3.70%, 12/06/2026		152,000		150,229
				1,970,609
Biotechnology - 0.2%
AbbVie, Inc.
3.20%, 05/14/2026		403,000		399,249
4.05%, 11/21/2039		733,000		694,173
Amgen, Inc.
2.00%, 01/15/2032		870,000		745,077
CSL Finance PLC
4.63%, 04/27/2042 (E)		513,000		516,792
Gilead Sciences, Inc.
4.15%, 03/01/2047		177,000		164,704
				2,519,995
Building Products - 0.3%
Carlisle Cos., Inc.
2.20%, 03/01/2032		784,000		633,607
3.75%, 12/01/2027		610,000		591,787

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Building Products (continued)
Carrier Global Corp.
2.72%, 02/15/2030		$   879,000		$   790,801
Owens Corning
7.00%, 12/01/2036		1,196,000		1,367,376
				3,383,571
Capital Markets - 0.7%
Charles Schwab Corp.
Fixed until 06/01/2026 (F), 4.00% (D)		1,411,000		1,283,121
Credit Suisse Group AG
Fixed until 09/11/2024, 2.59% (D), 09/11/2025 (E)		772,000		723,953
Deutsche Bank AG
Fixed until 11/26/2024, 3.96% (D), 11/26/2025		427,000		412,277
Fixed until 04/08/2030, 5.88% (D), 07/08/2031		723,000		659,969
Goldman Sachs Group, Inc.
Fixed until 02/24/2032, 3.10% (D), 02/24/2033		1,936,000		1,732,950
6.75%, 10/01/2037		865,000		1,013,257
Jefferies Group LLC / Jefferies Group Capital Finance, Inc.
2.63%, 10/15/2031		427,000		343,404
Morgan Stanley
Fixed until 12/10/2025, 0.99% (D), 12/10/2026		918,000		824,461
Fixed until 09/16/2031, 2.48% (D), 09/16/2036		1,036,000		839,534
5.00%, 11/24/2025		486,000		500,684
				8,333,610
Chemicals - 0.0% (A)
International Flavors & Fragrances, Inc.
2.30%, 11/01/2030 (E)		664,000		569,272
Commercial Services & Supplies - 0.3%
ADT Security Corp.
4.13%, 08/01/2029 (E)		793,000		713,700
Ashtead Capital, Inc.
4.25%, 11/01/2029 (E)		414,000		380,257
ERAC USA Finance LLC
2.70%, 11/01/2023 (E)		186,000		183,541
3.30%, 12/01/2026 (E)		780,000		755,489
3.85%, 11/15/2024 (E)		521,000		517,163
Triton Container International Ltd. / TAL International Container Corp.
3.25%, 03/15/2032		1,654,000		1,345,058
				3,895,208
Construction & Engineering - 0.0% (A)
Quanta Services, Inc.
2.90%, 10/01/2030		499,000		431,193
Consumer Finance - 0.5%
Ally Financial, Inc.
8.00%, 11/01/2031		1,196,000		1,356,018
BMW US Capital LLC
2.80%, 04/11/2026 (E)		1,029,000		998,060
Ford Motor Credit Co. LLC
3.38%, 11/13/2025		1,497,000		1,418,669
General Motors Financial Co., Inc.
5.00%, 04/09/2027		755,000		756,357

Transamerica Funds Page    5

Transamerica Multi-Managed Balanced

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Consumer Finance (continued)
Nissan Motor Acceptance Co. LLC
2.45%, 09/15/2028 (E)		$   1,024,000		$   840,906
Volkswagen Group of America Finance LLC
1.63%, 11/24/2027 (E)		644,000		561,759
				5,931,769
Containers & Packaging - 0.1%
Sonoco Products Co.
2.25%, 02/01/2027		665,000		611,677
Diversified Financial Services - 0.4%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust
3.85%, 10/29/2041		1,096,000		833,541
4.45%, 04/03/2026		1,120,000		1,087,128
4.50%, 09/15/2023		849,000		848,000
Aviation Capital Group LLC
1.95%, 01/30/2026 (E)		677,000		592,072
5.50%, 12/15/2024 (E)		1,296,000		1,285,927
				4,646,668
Diversified Telecommunication Services - 0.3%
Level 3 Financing, Inc.
3.40%, 03/01/2027 (E)		741,000		665,907
Sprint Capital Corp.
6.88%, 11/15/2028		135,000		151,538
Verizon Communications, Inc.
1.68%, 10/30/2030		1,668,000		1,396,985
2.99%, 10/30/2056		1,656,000		1,214,793
				3,429,223
Electric Utilities - 0.6%
Appalachian Power Co.
3.40%, 06/01/2025		961,000		949,920
Cleveland Electric Illuminating Co.
5.95%, 12/15/2036		117,000		128,230
DTE Electric Co.
4.30%, 07/01/2044		1,430,000		1,395,700
Duke Energy Corp.
3.75%, 04/15/2024 - 09/01/2046		1,717,000		1,541,703
Duke Energy Progress LLC
3.60%, 09/15/2047		1,237,000		1,086,001
Entergy Arkansas LLC
3.70%, 06/01/2024		192,000		192,818
Oncor Electric Delivery Co. LLC
5.30%, 06/01/2042		70,000		77,057
Pacific Gas & Electric Co.
2.50%, 02/01/2031		611,000		488,647
PacifiCorp
3.60%, 04/01/2024		833,000		837,336
5.75%, 04/01/2037		117,000		128,817
Public Service Electric & Gas Co.
3.00%, 05/15/2025		424,000		419,584
				7,245,813
Electronic Equipment, Instruments & Components - 0.1%
Arrow Electronics, Inc.
2.95%, 02/15/2032		621,000		527,532
Keysight Technologies, Inc.
4.60%, 04/06/2027		724,000		739,572
Sensata Technologies BV
4.00%, 04/15/2029 (E)		200,000		182,000
Sensata Technologies, Inc.
4.38%, 02/15/2030 (E)		403,000		373,952
				1,823,056

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Energy Equipment & Services - 0.1%
Schlumberger Holdings Corp.
3.90%, 05/17/2028 (E)		$   1,207,000		$   1,179,188
Schlumberger Investment SA
3.65%, 12/01/2023		98,000		98,789
				1,277,977
Equity Real Estate Investment Trusts - 1.1%
American Tower Trust #1
3.65%, 03/23/2028 (E)		508,000		502,621
Broadstone Net Lease LLC
2.60%, 09/15/2031		1,329,000		1,090,456
Corporate Office Properties LP
2.00%, 01/15/2029		257,000		210,418
2.25%, 03/15/2026		314,000		286,435
Invitation Homes Operating Partnership LP
4.15%, 04/15/2032		513,000		481,823
Office Properties Income Trust
3.45%, 10/15/2031		778,000		554,885
Physicians Realty LP
2.63%, 11/01/2031		951,000		793,185
SBA Tower Trust
1.63%, 05/15/2051 (E)		2,058,000		1,866,498
1.88%, 07/15/2050 (E)		746,000		677,498
2.84%, 01/15/2050 (E)		2,715,000		2,626,046
3.45%, 03/15/2048 (E)		345,000		342,239
Simon Property Group LP
2.20%, 02/01/2031		717,000		603,163
Ventas Realty LP
3.25%, 10/15/2026		930,000		889,394
VICI Properties LP
4.95%, 02/15/2030		1,256,000		1,230,084
Weyerhaeuser Co.
4.00%, 04/15/2030		1,001,000		973,727
				13,128,472
Food & Staples Retailing - 0.1%
7-Eleven, Inc.
1.80%, 02/10/2031 (E)		1,194,000		974,604
Sysco Corp.
3.30%, 07/15/2026		945,000		933,156
				1,907,760
Food Products - 0.2%
Bunge Ltd. Finance Corp.
2.75%, 05/14/2031		957,000		826,329
JBS USA LUX SA / JBS USA Food Co. / JBS USA Finance, Inc.
3.00%, 02/02/2029 (E)		785,000		675,753
Pilgrim’s Pride Corp.
3.50%, 03/01/2032 (E)		1,051,000		887,438
				2,389,520
Health Care Equipment & Supplies - 0.1%
Alcon Finance Corp.
2.75%, 09/23/2026 (E)		600,000		569,444
Koninklijke Philips NV
5.00%, 03/15/2042		355,000		349,753
				919,197
Health Care Providers & Services - 0.6%
Centene Corp.
3.00%, 10/15/2030		875,000		780,972
3.38%, 02/15/2030		510,000		463,484

Transamerica Funds Page    6

Transamerica Multi-Managed Balanced

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Health Care Providers & Services (continued)
Cigna Corp.
2.40%, 03/15/2030		$   862,000		$   773,213
CVS Health Corp.
2.70%, 08/21/2040		858,000		658,243
3.75%, 04/01/2030		363,000		354,037
Elevance Health, Inc.
2.25%, 05/15/2030		721,000		641,208
HCA, Inc.
4.13%, 06/15/2029		520,000		501,067
5.25%, 04/15/2025		230,000		234,277
5.50%, 06/15/2047		527,000		513,289
Laboratory Corp. of America Holdings
2.95%, 12/01/2029		532,000		491,320
Molina Healthcare, Inc.
4.38%, 06/15/2028 (E)		979,000		942,287
UnitedHealth Group, Inc.
4.20%, 05/15/2032		1,285,000		1,344,637
				7,698,034
Hotels, Restaurants & Leisure - 0.2%
Expedia Group, Inc.
2.95%, 03/15/2031		211,000		174,398
3.80%, 02/15/2028		685,000		638,927
Hyatt Hotels Corp.
1.80%, 10/01/2024		417,000		394,666
Magallanes, Inc.
5.05%, 03/15/2042 (E)		1,176,000		1,053,195
				2,261,186
Household Durables - 0.1%
D.R. Horton, Inc.
4.38%, 09/15/2022		993,000		993,404
Industrial Conglomerates - 0.0% (A)
General Electric Co.
4.13%, 10/09/2042		494,000		432,078
Insurance - 0.4%
Global Atlantic Finance Co.
3.13%, 06/15/2031 (E)		1,549,000		1,256,542
Muenchener Rueckversicherungs-Gesellschaft AG
Fixed until 11/23/2031, 5.88% (D), 05/23/2042 (E)		600,000		624,774
Ohio National Financial Services, Inc.
6.05%, 01/24/2030 (E)		1,642,000		1,609,314
6.63%, 05/01/2031 (E)		456,000		469,839
Prudential Financial, Inc.
Fixed until 07/01/2030, 3.70% (D), 10/01/2050		1,106,000		967,455
				4,927,924
Interactive Media & Services - 0.2%
Baidu, Inc.
4.38%, 05/14/2024		1,990,000		2,008,343
Tencent Holdings Ltd.
3.28%, 04/11/2024 (E)		742,000		736,331
				2,744,674
IT Services - 0.1%
Rackspace Technology Global, Inc.
3.50%, 02/15/2028 (E)		763,000		631,025

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Media - 0.2%
Charter Communications Operating LLC / Charter Communications Operating Capital
4.80%, 03/01/2050		$   562,000		$   469,906
Clear Channel Outdoor Holdings, Inc.
5.13%, 08/15/2027 (E)		827,000		766,894
Comcast Corp.
2.94%, 11/01/2056		372,000		275,135
NBCUniversal Media LLC
4.45%, 01/15/2043		456,000		442,200
Paramount Global
4.20%, 05/19/2032		588,000		537,315
				2,491,450
Metals & Mining - 0.3%
Anglo American Capital PLC
4.00%, 09/11/2027 (E)		1,063,000		1,025,197
4.75%, 04/10/2027 (E)		230,000		230,182
Freeport-McMoRan, Inc.
3.88%, 03/15/2023		1,088,000		1,084,013
4.55%, 11/14/2024		481,000		483,525
Glencore Funding LLC
2.63%, 09/23/2031 (E)		837,000		688,255
				3,511,172
Multi-Utilities - 0.1%
Black Hills Corp.
4.25%, 11/30/2023		587,000		589,779
CMS Energy Corp.
3.88%, 03/01/2024		65,000		64,925
4.88%, 03/01/2044		141,000		138,955
Public Service Enterprise Group, Inc.
2.65%, 11/15/2022		158,000		157,744
				951,403
Oil, Gas & Consumable Fuels - 0.9%
Boardwalk Pipelines LP
3.40%, 02/15/2031		390,000		344,411
Chevron USA, Inc.
3.25%, 10/15/2029		654,000		639,648
Energy Transfer LP
4.90%, 02/01/2024		356,000		358,794
5.15%, 02/01/2043		559,000		497,674
5.95%, 10/01/2043		499,000		489,048
7.60%, 02/01/2024		397,000		411,742
Enterprise Products Operating LLC
4.25%, 02/15/2048		1,656,000		1,502,473
Kinder Morgan Energy Partners LP
4.15%, 02/01/2024		772,000		774,017
Occidental Petroleum Corp.
5.55%, 03/15/2026		1,184,000		1,216,560
Petroleos Mexicanos
6.50%, 01/23/2029 (C)		385,000		330,180
6.84%, 01/23/2030		892,000		745,266
6.88%, 08/04/2026		340,000		324,836
7.69%, 01/23/2050		95,000		69,231
Pioneer Natural Resources Co.
2.15%, 01/15/2031		871,000		746,720
Plains All American Pipeline LP / PAA Finance Corp.
3.55%, 12/15/2029		637,000		576,247
Sabine Pass Liquefaction LLC
4.20%, 03/15/2028		573,000		559,781
Shell International Finance BV
2.50%, 09/12/2026		1,057,000		1,025,568
3.75%, 09/12/2046		351,000		315,926

Transamerica Funds Page    7

Transamerica Multi-Managed Balanced

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Oil, Gas & Consumable Fuels (continued)
Williams Cos., Inc.
5.40%, 03/04/2044		$   97,000		$   96,520
				11,024,642
Personal Products - 0.1%
GSK Consumer Healthcare Capital US LLC
3.38%, 03/24/2027 (E)		1,230,000		1,208,333
Pharmaceuticals - 0.3%
Astrazeneca Finance LLC
1.20%, 05/28/2026		388,000		358,219
AstraZeneca PLC
4.38%, 08/17/2048		626,000		647,405
Bayer US Finance II LLC
4.38%, 12/15/2028 (E)		716,000		713,163
Bristol-Myers Squibb Co.
1.45%, 11/13/2030		612,000		526,038
Royalty Pharma PLC
2.20%, 09/02/2030		925,000		782,151
Viatris, Inc.
2.30%, 06/22/2027		677,000		590,691
				3,617,667
Professional Services - 0.1%
Equifax, Inc.
2.60%, 12/01/2024		879,000		852,884
Road & Rail - 0.3%
Avolon Holdings Funding Ltd.
2.88%, 02/15/2025 (E)		969,000		896,157
5.50%, 01/15/2026 (E)		1,240,000		1,203,754
Burlington Northern Santa Fe LLC
4.45%, 01/15/2053		1,473,000		1,519,385
				3,619,296
Semiconductors & Semiconductor Equipment - 0.7%
Advanced Micro Devices, Inc.
3.92%, 06/01/2032		1,788,000		1,819,022
Broadcom, Inc.
1.95%, 02/15/2028 (E)		464,000		408,014
KLA Corp.
3.30%, 03/01/2050		730,000		615,955
Microchip Technology, Inc.
0.98%, 09/01/2024		684,000		641,401
Micron Technology, Inc.
2.70%, 04/15/2032		1,247,000		1,033,122
NXP BV / NXP Funding LLC / NXP USA, Inc.
3.25%, 11/30/2051		401,000		289,613
3.40%, 05/01/2030		656,000		599,425
QUALCOMM, Inc.
3.25%, 05/20/2027		772,000		772,511
3.25%, 05/20/2050 (C)		487,000		422,275
Skyworks Solutions, Inc.
1.80%, 06/01/2026		379,000		343,587
TSMC Global Ltd.
1.38%, 09/28/2030 (E)		1,611,000		1,309,742
				8,254,667
Software - 0.3%
Crowdstrike Holdings, Inc.
3.00%, 02/15/2029 (C)		140,000		127,880
Infor, Inc.
1.75%, 07/15/2025 (E)		945,000		885,377

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Software (continued)
Take-Two Interactive Software, Inc.
3.55%, 04/14/2025		$   1,217,000		$   1,207,208
Workday, Inc.
3.50%, 04/01/2027		1,142,000		1,119,509
				3,339,974
Specialty Retail - 0.1%
Lowe’s Cos., Inc.
3.75%, 04/01/2032 (C)		836,000		812,748
Technology Hardware, Storage & Peripherals - 0.3%
Apple, Inc.
2.65%, 05/11/2050		637,000		503,424
Dell International LLC / EMC Corp.
6.02%, 06/15/2026		797,000		846,648
Seagate HDD Cayman
4.13%, 01/15/2031		1,164,000		1,011,050
Western Digital Corp.
2.85%, 02/01/2029		1,244,000		1,049,625
				3,410,747
Tobacco - 0.2%
BAT Capital Corp.
2.26%, 03/25/2028		1,355,000		1,161,025
4.91%, 04/02/2030		560,000		533,518
BAT International Finance PLC
4.45%, 03/16/2028		741,000		709,550
				2,404,093
Wireless Telecommunication Services - 0.3%
America Movil SAB de CV
4.38%, 07/16/2042		300,000		283,808
Sprint Corp.
7.88%, 09/15/2023		640,000		663,030
T-Mobile USA, Inc.
3.50%, 04/15/2031		830,000		768,427
3.88%, 04/15/2030		1,616,000		1,555,534
				3,270,799
Total Corporate Debt Securities (Cost $175,160,648)				158,406,945
FOREIGN GOVERNMENT OBLIGATIONS - 0.4%
Brazil - 0.1%
Brazil Government International Bond
4.25%, 01/07/2025		330,000		331,017
Chile - 0.0% (A)
Chile Government International Bond
3.50%, 01/25/2050 (C)		400,000		321,747
Colombia - 0.1%
Colombia Government International Bond
4.00%, 02/26/2024 (C)		235,000		230,515
4.50%, 01/28/2026		850,000		814,200
				1,044,715
Indonesia - 0.1%
Indonesia Government International Bond
4.75%, 01/08/2026 (E)		1,035,000		1,058,369
5.38%, 10/17/2023 (E)		115,000		117,306
				1,175,675
Mexico - 0.1%
Mexico Government International Bond
3.75%, 01/11/2028		1,126,000		1,104,197

Transamerica Funds Page    8

Transamerica Multi-Managed Balanced

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)

	Principal		Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Panama - 0.0% (A)
Panama Government International Bond
3.88%, 03/17/2028		$   315,000		$   305,039
Peru - 0.0% (A)
Peru Government International Bond
7.35%, 07/21/2025		125,000		135,990
Poland - 0.0% (A)
Republic of Poland Government International Bond
3.00%, 03/17/2023		275,000		274,648
Qatar - 0.0% (A)
Qatar Government International Bond
3.88%, 04/23/2023 (E)		200,000		200,496
Total Foreign Government Obligations (Cost $5,143,183)				4,893,524
MORTGAGE-BACKED SECURITIES - 2.6%
BB-UBS Trust
Series 2012-TFT, Class A,
2.89%, 06/05/2030 (E)		456,220		444,595
BB-UBS Trust, Interest Only STRIPS
Series 2012-SHOW,
Class XA, 0.60% (D), 11/05/2036 (E)		3,045,000		38,760
BBCMS Trust
Series 2015-MSQ, Class B,
3.89%, 09/15/2032 (E)		1,600,000		1,594,878
CIM Trust
Series 2021-R6, Class A1,
1.43% (D), 07/25/2061 (E)		2,005,122		1,833,830
Citigroup Commercial Mortgage Trust
Series 2014-GC19, Class A3,
3.75%, 03/10/2047		68,151		67,551
Series 2014-GC19, Class A4,
4.02%, 03/10/2047		220,000		219,773
Series 2015-GC27, Class B,
3.77%, 02/10/2048		1,250,000		1,203,433
Citigroup Mortgage Loan Trust, Inc.
Series 2018-RP1, Class A1,
3.00% (D), 09/25/2064 (E)		224,396		220,313
COMM Mortgage Trust
Series 2013-CR11, Class AM,
4.72% (D), 08/10/2050		1,310,000		1,307,273
Series 2013-GAM, Class A2,
3.37%, 02/10/2028 (E)		89,995		88,690
Series 2013-WWP, Class B,
3.73%, 03/10/2031 (E)		1,150,000		1,147,949
Series 2014-UBS2, Class A5,
3.96%, 03/10/2047		2,415,000		2,402,301
Series 2015-3BP, Class A,
3.18%, 02/10/2035 (E)		3,050,000		2,918,512
Commercial Mortgage Pass-Through Certificates Trust
Series 2012-LTRT, Class A2,
3.40%, 10/05/2030 (E)		830,000		780,200
CSMC Trust
Series 2021-RPL2, Class A1A,
1.11% (D), 01/25/2060 (E)		1,602,294		1,402,862
Series 2021-RPL6, Class A1,
2.00% (D), 10/25/2060 (E)		1,321,213		1,217,393
Fontainebleau Miami Beach Trust
Series 2019-FBLU, Class B,
3.45%, 12/10/2036 (E)		1,250,000		1,201,104

	Principal		Value
MORTGAGE-BACKED SECURITIES (continued)
GS Mortgage Securities Trust
Series 2013-G1, Class A2,
3.56% (D), 04/10/2031 (E)		$   675,000		$   668,105
Houston Galleria Mall Trust
Series 2015-HGLR, Class A1A2,
3.09%, 03/05/2037 (E)		700,000		668,724
JPMorgan Chase Commercial Mortgage Securities Trust
Series 2013-C13, Class B,
4.08% (D), 01/15/2046		950,000		938,603
MetLife Securitization Trust
Series 2019-1A, Class A1A,
3.75% (D), 04/25/2058 (E)		80,270		79,323
Morgan Stanley Bank of America Merrill Lynch Trust
Series 2012-C6, Class AS,
3.48%, 11/15/2045		320,000		319,265
Nationstar Mortgage Loan Trust
Series 2013-A, Class A,
3.75% (D), 12/25/2052 (E)		96,643		92,243
New Residential Mortgage Loan Trust
Series 2014-1A, Class A,
3.75% (D), 01/25/2054 (E)		47,954		46,623
Series 2014-2A, Class A3,
3.75% (D), 05/25/2054 (E)		109,944		105,801
Series 2014-3A, Class AFX3,
3.75% (D), 11/25/2054 (E)		89,463		87,014
Series 2015-2A, Class A1,
3.75% (D), 08/25/2055 (E)		197,471		190,743
Series 2016-2A, Class A1,
3.75% (D), 11/26/2035 (E)		132,593		128,515
Series 2016-3A, Class A1B,
3.25% (D), 09/25/2056 (E)		138,896		132,578
Series 2016-4A, Class A1,
3.75% (D), 11/25/2056 (E)		176,492		171,085
Series 2017-1A, Class A1,
4.00% (D), 02/25/2057 (E)		405,312		400,877
Series 2017-2A, Class A3,
4.00% (D), 03/25/2057 (E)		901,774		889,405
Series 2017-3A, Class A1,
4.00% (D), 04/25/2057 (E)		567,950		560,872
Series 2017-4A, Class A1,
4.00% (D), 05/25/2057 (E)		412,738		400,834
Series 2018-1A, Class A1A,
4.00% (D), 12/25/2057 (E)		208,788		203,861
Series 2018-RPL1, Class A1,
3.50% (D), 12/25/2057 (E)		293,474		286,994
Series 2019-4A, Class A1B,
3.50% (D), 12/25/2058 (E)		1,070,303		1,042,368
Series 2019-5A, Class A1B,
3.50% (D), 08/25/2059 (E)		957,880		939,103
One Market Plaza Trust
Series 2017-1MKT, Class A,
3.61%, 02/10/2032 (E)		1,373,000		1,348,210
Palisades Center Trust
Series 2016-PLSD, Class A,
2.71%, 04/13/2033 (E)		950,000		845,500
Towd Point Mortgage Trust
Series 2021-1, Class A1,
2.25% (D), 11/25/2061 (E)		2,355,686		2,201,017
UBS-BAMLL Trust
Series 2012-WRM, Class A,
3.66%, 06/10/2030 (E)		17,746		17,716
Total Mortgage-Backed Securities (Cost $32,967,782)				30,854,796

Transamerica Funds Page    9

Transamerica Multi-Managed Balanced

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)

	Principal		Value
U.S. GOVERNMENT AGENCY OBLIGATIONS - 9.3%
Federal Home Loan Mortgage Corp.
5.00%, 08/01/2035		$   122,043		$   129,228
5.50%, 06/01/2041		48,753		52,421
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates
1.38%, 06/25/2030		2,547,000		2,222,683
2.81%, 01/25/2025		1,777,131		1,757,557
2.89%, 06/25/2027		397,203		397,719
3.01%, 07/25/2025		2,408,000		2,388,447
3.06% (D), 08/25/2024		1,785,946		1,775,093
3.49%, 01/25/2024		1,298,000		1,298,942
3.53% (D), 07/25/2023		1,000,000		999,656
Federal National Mortgage Association
12-Month LIBOR + 1.52%, 1.84% (D), 02/01/2043		19,233		19,307
3.33% (D), 10/25/2023		81,971		81,347
3.50%, 07/01/2028 - 11/01/2028		134,505		136,424
4.00%, 04/01/2026 - 06/01/2042		36,532		37,608
4.50%, 02/01/2025 - 06/01/2026		40,897		42,097
5.00%, 04/01/2039 - 11/01/2039		594,407		622,987
5.50%, 10/01/2036 - 12/01/2041		450,003		481,744
6.00%, 08/01/2036 - 06/01/2041		612,001		665,991
6.50%, 05/01/2040		54,817		59,903
Government National Mortgage Association, Interest Only STRIPS
Series 2012-120, Class IO,
0.65% (D), 02/16/2053		246,831		4,392
Tennessee Valley Authority
5.88%, 04/01/2036		774,000		979,817
Uniform Mortgage-Backed Security
2.00%, TBA (G)		27,825,000		25,664,160
2.50%, TBA (G)		26,839,000		25,204,087
3.00%, TBA (G)		16,984,000		16,378,945
3.50%, TBA (G)		17,244,000		17,087,409
4.00%, TBA (G)		13,738,000		13,816,350
Total U.S. Government Agency Obligations (Cost $110,331,071)				112,304,314
U.S. GOVERNMENT OBLIGATIONS - 9.7%
U.S. Treasury - 8.5%
U.S. Treasury Bond
1.25%, 05/15/2050		2,474,000		1,637,382
1.88%, 02/15/2051 - 11/15/2051		9,582,000		7,466,821
2.00%, 02/15/2050		1,799,000		1,447,563
2.25%, 08/15/2046		2,031,000		1,691,839
2.25%, 02/15/2052 (C)		1,544,000		1,318,673
2.38%, 02/15/2042 - 05/15/2051		4,356,000		3,823,068
2.50%, 02/15/2045 - 05/15/2046		7,240,000		6,342,780
2.75%, 08/15/2042 - 11/15/2047		3,376,900		3,121,883
2.88%, 08/15/2045 - 05/15/2049		2,261,600		2,153,429
3.00%, 05/15/2042 - 02/15/2049		2,313,400		2,261,120
3.13%, 02/15/2042 - 05/15/2048		6,300,600		6,252,443
3.63%, 02/15/2044		1,985,000		2,102,394
5.25%, 02/15/2029		1,098,000		1,264,201
U.S. Treasury Note
0.13%, 05/31/2023		1,898,000		1,854,035
0.25%, 08/31/2025 (C)		2,962,000		2,736,842
0.63%, 05/15/2030 - 08/15/2030		8,926,000		7,646,531
0.88%, 06/30/2026		848,200		788,660
1.13%, 02/15/2031		4,704,000		4,172,227
1.38%, 11/15/2031		2,338,000		2,096,528
1.50%, 08/15/2026 - 02/15/2030		9,389,100		8,839,104
1.63%, 02/15/2026 - 05/15/2031		13,170,600		12,302,606

	Principal		Value
U.S. GOVERNMENT OBLIGATIONS (continued)
U.S. Treasury (continued)
U.S. Treasury Note (continued)
1.75%, 05/15/2023 (C)		$   500,000		$   495,273
1.88%, 02/15/2032		1,339,800		1,253,341
2.25%, 11/15/2025 (C)		856,100		840,918
2.25%, 11/15/2027		1,726,500		1,685,158
2.38%, 01/31/2023		1,293,100		1,289,564
2.50%, 08/15/2023 - 01/31/2024		3,625,000		3,605,103
2.50%, 05/31/2024 (C)		367,000		364,204
2.63%, 02/15/2029		653,500		650,462
2.75%, 05/15/2025		494,000		492,572
2.88%, 05/15/2028 - 05/15/2032		9,714,000		9,850,811
3.13%, 11/15/2028		1,189,500		1,216,868
				103,064,403
U.S. Treasury Inflation-Protected Securities - 1.2%
U.S. Treasury Inflation-Protected Indexed Bond
0.25%, 02/15/2050		1,808,203		1,566,568
1.75%, 01/15/2028		1,046,055		1,142,611
2.50%, 01/15/2029		3,559,675		4,107,774
U.S. Treasury Inflation-Protected Indexed Note
0.13%, 07/15/2030		2,404,640		2,412,977
0.63%, 01/15/2024		5,026,612		5,094,811
				14,324,741
Total U.S. Government Obligations (Cost $125,776,111)				117,389,144
COMMERCIAL PAPER - 7.5%
Banks - 2.2%
Bedford Row Funding Corp.
2.87% (H), 10/28/2022		3,650,000		3,623,917
Concord Minutemen Capital Co. LLC
1.70% (H), 09/02/2022		3,010,000		3,002,982
Mackinac Funding Co. LLC
1.71% (H), 09/02/2022		4,800,000		4,788,623
Macquarie Bank Ltd.
1.77% (H), 09/01/2022		5,000,000		4,988,709
Svenska Handelsbanken AB
1.73% (H), 08/12/2022		5,000,000		4,995,497
Swedbank AB
1.40% (H), 08/01/2022		3,250,000		3,249,387
Westpac Securities Ltd.
2.32% (H), 09/27/2022		1,510,000		1,503,658
				26,152,773
Diversified Financial Services - 4.1%
Anglesea Funding LLC
2.49% (H), 10/11/2022		4,940,000		4,912,735
Atlantic Asset Securitization LLC
1.43% (H), 08/17/2022		2,500,000		2,496,918
CAFCO LLC
3.02% (H), 11/09/2022		4,500,000		4,462,572
Cancara Asset Securitisation LLC
1.42% (H), 08/16/2022		3,412,000		3,407,986
Fairway Finance Co. LLC
1.78% (H), 09/14/2022		3,035,000		3,025,154
Glencove Funding LLC
2.53% (H), 10/06/2022		3,250,000		3,233,636
Lexington Parker Capital Co. LLC
2.84% (H), 10/17/2022		5,000,000		4,969,633
Liberty Street Funding LLC
1.43% (H), 08/11/2022		2,100,000		2,098,246
2.55% (H), 10/14/2022		2,100,000		2,087,877
Mont Blanc Capital Corp.
2.55% (H), 10/13/2022		3,100,000		3,082,363

Transamerica Funds Page    10

Transamerica Multi-Managed Balanced

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)

	Principal		Value
COMMERCIAL PAPER (continued)
Diversified Financial Services (continued)
Nieuw Amsterdam Receivables Corp. BV
1.32% (H), 08/03/2022		$   5,000,000		$   4,998,391
Ridgefield Funding Co. LLC
1.76% (H), 09/12/2022		4,500,000		4,486,191
Sheffield Receivables Co. LLC
1.68% (H), 09/07/2022		4,750,000		4,736,821
Starbird Funding Corp.
1.58% (H), 09/01/2022		2,000,000		1,995,480
				49,994,003
Electrical Equipment - 0.4%
Emerson Electric Co.
2.32% (H), 09/01/2022		4,510,000		4,500,058
Food Products - 0.4%
Britannia Funding Co. LLC
1.44% (H), 08/11/2022		5,000,000		4,995,796
Industrial Conglomerates - 0.0% (A)
Honeywell International, Inc.
2.19% (H), 10/05/2022		450,000		447,956
Software - 0.4%
Manhattan Asset Funding Co. LLC
1.07% (H), 08/02/2022		4,750,000		4,748,779
Total Commercial Paper (Cost $90,879,692)				90,839,365
SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 1.2%
U.S. Treasury Bill
0.84% (H), 08/04/2022 (C)		3,400,000		3,399,486
1.26% (H), 09/08/2022 (C)		6,304,000		6,290,001
1.78% (H), 09/29/2022		5,156,000		5,137,621
Total Short-Term U.S. Government Obligations (Cost $14,835,714)				14,827,108
	Shares		Value
OTHER INVESTMENT COMPANY - 0.6%
Securities Lending Collateral - 0.6%
State Street Navigator Securities Lending Trust - Government Money Market Portfolio, 2.27% (H)		7,621,121		7,621,121
Total Other Investment Company (Cost $7,621,121)				7,621,121

	Principal		Value
REPURCHASE AGREEMENT - 1.6%
Fixed Income Clearing Corp., 0.65% (H), dated 07/29/2022, to be repurchased at $19,927,862 on 08/01/2022. Collateralized by a U.S. Government Obligation, 3.00%, due 07/15/2025, and with a value of $20,325,391.		$  19,926,783		$   19,926,783
Total Repurchase Agreement (Cost $19,926,783)				19,926,783
Total Investments (Cost $1,031,551,930)				1,305,675,166
Net Other Assets (Liabilities) - (7.8)%				(94,306,503	)
Net Assets - 100.0%				$  1,211,368,663

Transamerica Funds Page    11

Transamerica Multi-Managed Balanced

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)

FUTURES CONTRACTS:

Long Futures Contracts

Description	Number of Contracts	Expiration Date	Notional Amount	Value	Unrealized Appreciation	Unrealized Depreciation
S&P 500® E-Mini Index	70	09/16/2022	$    12,862,142	$    14,467,250	$    1,605,108	$        —

INVESTMENT VALUATION:

Valuation Inputs ^(I)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value
ASSETS
Investments
Common Stocks	$	717,295,202	$	—	$	—	$	717,295,202
Preferred Stocks		348,117		—		—		348,117
Asset-Backed Securities		—		30,968,747		—		30,968,747
Corporate Debt Securities		—		158,406,945		—		158,406,945
Foreign Government Obligations		—		4,893,524		—		4,893,524
Mortgage-Backed Securities		—		30,854,796		—		30,854,796
U.S. Government Agency Obligations		—		112,304,314		—		112,304,314
U.S. Government Obligations		—		117,389,144		—		117,389,144
Commercial Paper		—		90,839,365		—		90,839,365
Short-Term U.S. Government Obligations		—		14,827,108		—		14,827,108
Other Investment Company		7,621,121		—		—		7,621,121
Repurchase Agreement		—		19,926,783		—		19,926,783
Total Investments	$	725,264,440	$	580,410,726	$	—	$	1,305,675,166
Other Financial Instruments
Futures Contracts (J)	$	1,605,108	$	—	$	—	$	1,605,108
Total Other Financial Instruments	$	1,605,108	$	—	$	—	$	1,605,108

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

(A)	Percentage rounds to less than 0.1% or (0.1)%.
(B)	Non-income producing securities.
(C)	All or a portion of the securities are on loan. The total value of all securities on loan is $18,582,962, collateralized by cash collateral of $7,621,121 and non-cash collateral, such as U.S. government securities and irrevocable letters of credit, of $11,347,778. 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.
(D)	Floating or variable rate securities. The rates disclosed are as of July 31, 2022. For securities based on a published reference rate and spread, the reference rate and spread are indicated within the description. Variable rate securities with a floor or ceiling feature are disclosed at the inherent rate, where applicable. Certain variable rate securities are not based on a published reference rate and spread, but are determined by the issuer or agent and are based on current market conditions; these securities do not indicate a reference rate and spread in the description.
(E)	Securities are exempt from registration pursuant to Rule 144A of the Securities Act of 1933. Securities may be resold as transactions exempt from registration, normally to qualified institutional buyers. At July 31, 2022, the total value of 144A securities is $99,264,580, representing 8.2% of the Fund’s net assets.
(F)	Perpetual maturity. The date displayed is the next call date.
(G)	When-issued, delayed-delivery and/or forward commitment (including TBAs) securities. Securities to be settled and delivered after July 31, 2022. Securities may display a coupon rate of 0.00%, as the rate is to be determined at time of settlement.
(H)	Rates disclosed reflect the yields at July 31, 2022.
(I)	There were no transfers in or out of Level 3 during the period ended July 31, 2022. Please reference the Investment Valuation section of the Notes to Schedule of Investments for more information regarding investment valuation and pricing inputs.
(J)	Derivative instruments are valued at unrealized appreciation (depreciation).

PORTFOLIO ABBREVIATIONS:

LIBOR	London Interbank Offered Rate
STRIPS	Separate Trading of Registered Interest and Principal of Securities
TBA	To Be Announced

Transamerica Funds Page    12

Transamerica Multi-Managed Balanced

NOTES TO SCHEDULE OF INVESTMENTS

At July 31, 2022

(unaudited)

INVESTMENT VALUATION

Transamerica Multi-Managed Balanced (the “Fund”) is a series of the Transamerica Funds.

All investments in securities are recorded at their estimated fair value. The Fund values its investments at the official close of the New York Stock Exchange (“NYSE”) each day the NYSE is open for business.

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

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

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

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

The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. Certain investments that are measured at fair value using Net Asset Value (“NAV”) per share, or its equivalent, using the “practical expedient” have not been classified in the fair value Levels. The hierarchy classification of inputs used to value the Fund’s investments at July 31, 2022, is disclosed within the Investment Valuation section of the Schedule of Investments.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, but not limited to, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is generally greatest for instruments categorized in Level 3. Due to the inherent uncertainty of valuation, the determination of values may differ significantly from values that would have been realized had a ready market for investments existed, and the differences could be material.

Fair value measurements: Descriptions of the valuation techniques applied to the Fund’s significant categories of assets and liabilities measured at fair value on a recurring basis are as follows:

Equity securities: Securities are stated at the last reported sales price or closing price on the day of valuation taken from the primary exchange where the security is principally traded. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Equities traded on inactive markets or valued by reference to similar instruments are generally categorized in Level 2 or Level 3 if inputs are unobservable.

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

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.

Transamerica Funds Page    13

Transamerica Multi-Managed Balanced

NOTES TO SCHEDULE OF INVESTMENTS (continued)

At July 31, 2022

(unaudited)

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.

Mortgage-backed securities: The fair value of mortgage-backed securities is estimated based on models that consider issuer type, coupon, cash flows, mortgage prepayment projection tables and adjustable rate mortgage evaluations that incorporate index data, periodic life caps and the next coupon reset date. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they are categorized in Level 3.

U.S. government agency obligations: U.S. government agency obligations are comprised of two main categories consisting of agency issued debt and mortgage pass-throughs. Generally, agency issued debt securities are valued in a manner similar to U.S. government obligations. Mortgage pass-throughs include to be announced (“TBA”) securities and mortgage pass-through certificates. Generally, TBA securities and mortgage pass-throughs are valued using dealer quotations. Depending on market activity levels and whether quotations or other observable data are used, these securities are typically categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.

U.S. government obligations: U.S. government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. U.S. government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

Commercial paper: Commercial paper is valued using amortized cost, which approximates fair value. The values are generally categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

Short-term notes: The Fund normally values short-term government and U.S. government agency securities using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers and reference data. Certain securities are valued by principally using dealer quotations. Short-term government and U.S. government agency securities generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

Securities lending collateral: Securities lending collateral is invested in a money market fund which is valued at the actively traded NAV and no valuation adjustments are applied. Securities lending collateral is categorized in Level 1 of the fair value hierarchy.

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

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    14