FOR VALIDATION PURPOSES ONLY


	Shares		Value
EXCHANGE-TRADED FUNDS - 52.8%
International Equity Funds - 22.1%
iShares Core MSCI EAFE ETF		76,641		$ 4,755,574
iShares Core MSCI Emerging Markets ETF		26,217		1,286,206
iShares Global REIT ETF		52,669		1,380,982

				7,422,762

U.S. Equity Fund - 26.6%
iShares Core S&P 500 ETF		21,515		8,909,175

U.S. Fixed Income Funds - 4.1%
iShares 0-5 Year TIPS Bond ETF ^(A)		6,666		685,598
iShares Core U.S. Aggregate Bond ETF		6,800		707,676

				1,393,274

Total Exchange-Traded Funds (Cost $20,373,837)				17,725,211


INVESTMENT COMPANIES - 46.3%
International Equity Funds - 12.7%
Transamerica Emerging Markets Opportunities ^(B)		122,631		968,786
Transamerica International Focus ^(B)		210,207		1,631,210
Transamerica International Stock ^(B)		169,511		1,634,085

				4,234,081

International Fixed Income Fund - 1.0%
Transamerica Emerging Markets Debt ^(B)		38,818		337,717

U.S. Equity Funds - 28.1%
Transamerica Large Cap Value ^(B)		223,380		2,897,240
Transamerica Large Growth ^(B)		279,612		2,729,015
Transamerica Mid Cap Growth ^(B)		120,067		895,703
Transamerica Mid Cap Value Opportunities ^(B)		101,939		1,205,935
Transamerica Small Cap Growth ^(B)		116,529		769,093
Transamerica Small Cap Value ^(B)		134,511		932,165

				9,429,151


	Shares		Value
INVESTMENT COMPANIES (continued)
U.S. Fixed Income Funds - 4.5%
Transamerica Bond ^(B)		137,666		$ 1,166,027
Transamerica High Yield Bond ^(B)		42,710		350,221

				1,516,248

Total Investment Companies (Cost $20,771,748)				15,517,197


OTHER INVESTMENT COMPANY - 2.1%
Securities Lending Collateral - 2.1%
State Street Navigator Securities Lending Trust - Government Money Market Portfolio, 2.27% ^(C)		699,930		699,930

Total Other Investment Company (Cost $699,930)				699,930


	Principal		Value
REPURCHASE AGREEMENT - 1.0%
Fixed Income Clearing Corp., 0.65%^(C), dated 07/29/2022, to be repurchased at $319,762 on 08/01/2022. Collateralized by a U.S. Government Obligation, 3.00%, due 07/15/2025, and with a value of $326,148.		$ 319,744		319,744

Total Repurchase Agreement (Cost $319,744)				319,744

Total Investments (Cost $42,165,259)				34,262,082
Net Other Assets (Liabilities) - (2.2)%				(738,523	)

Net Assets - 100.0%				$ 33,523,559

Transamerica ClearTrack^® 2045 (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.

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:

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

Investment companies: Certain investment companies are valued at the NAV as the practical expedient. These investment companies are not included within the fair value hierarchy. Certain other investment companies are valued at the actively traded NAV and no valuation adjustments are applied. These investment companies are categorized in Level 1 of the fair value hierarchy.

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.


Affiliated Investments	Value October 31, 2021		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)			Net Change in Unrealized Appreciation (Depreciation)			Value July 31, 2022		Shares as of July 31, 2022		Dividend Income		Net Capital Gain Distributions
Transamerica Bond	$	—	$	1,453,666	$	(134,231	)	$	(11,040	)	$	(142,368	)	$	1,166,027		137,666	$	23,932	$	7,233
Transamerica Emerging Markets Debt		—		419,823		(13,529	)		(558	)		(68,019	)		337,717		38,818		12,109		—
Transamerica Emerging Markets Opportunities		—		1,399,100		(38,554	)		(5,594	)		(386,166	)		968,786		122,631		85,638		30,906
Transamerica High Yield Bond		—		414,687		(22,529	)		(933	)		(41,004	)		350,221		42,710		11,972		—
Transamerica International Focus		—		2,181,695		(83,258	)		(6,349	)		(460,878	)		1,631,210		210,207		59,220		58,903
Transamerica International Stock		—		2,160,522		(183,258	)		(19,442	)		(323,737	)		1,634,085		169,511		62,518		104,432
Transamerica Large Cap Value		—		3,501,651		(323,019	)		(23,144	)		(258,248	)		2,897,240		223,380		83,577		—
Transamerica Large Growth		—		4,774,560		(121,735	)		(61,547	)		(1,862,263	)		2,729,015		279,612		56,367		608,433
Transamerica Mid Cap Growth		—		1,576,134		(16,472	)		(10,302	)		(653,657	)		895,703		120,067		127,737		240,253
Transamerica Mid Cap Value Opportunities		—		1,471,796		(16,587	)		(4,019	)		(245,255	)		1,205,935		101,939		105,534		163,118
Transamerica Small Cap Growth		—		1,109,935		(13,822	)		(3,328	)		(323,692	)		769,093		116,529		18,548		84,601
Transamerica Small Cap Value		—		1,446,226		(13,822	)		(10,975	)		(489,264	)		932,165		134,511		300,997		138,443

Total	$	—	$	21,909,795	$	(980,816	)	$	(157,231	)	$	(5,254,551	)	$	15,517,197		1,697,581	$	948,149	$	1,436,322


(C)		Rates disclosed reflect the yields at July 31, 2022.
(D)		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.


	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value
ASSETS
Investments
Exchange-Traded Funds	$	17,725,211	$	—	$	—	$	17,725,211
Investment Companies		15,517,197		—		—		15,517,197
Other Investment Company		699,930		—		—		699,930
Repurchase Agreement		—		319,744		—		319,744

Total Investments	$	33,942,338	$	319,744	$	—	$	34,262,082


(A)		All or a portion of the security is on loan. The value of the security on loan is $685,598, collateralized by cash collateral of $699,930. The amount on loan indicated may not correspond with the security on loan identified because a security with pending sales are in the process of recall from the brokers.
(B)		Affiliated investment in the Class R6 shares of Transamerica Funds. The Fund’s transactions and earnings are as follows:


Transamerica Funds			Page 1


REIT		Real Estate Investment Trust


Transamerica Funds			Page 2


Transamerica Funds			Page 3