0001752724-23-072414.txt : 20230329 0001752724-23-072414.hdr.sgml : 20230329 20230329153624 ACCESSION NUMBER: 0001752724-23-072414 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230131 FILED AS OF DATE: 20230329 DATE AS OF CHANGE: 20230329 PERIOD START: 20231031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRANSAMERICA FUNDS CENTRAL INDEX KEY: 0000787623 IRS NUMBER: 000000000 FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-04556 FILM NUMBER: 23774865 BUSINESS ADDRESS: STREET 1: 1801 CALIFORNIA STREET STREET 2: SUITE 5200 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 720-482-8836 MAIL ADDRESS: STREET 1: 1801 CALIFORNIA STREET STREET 2: SUITE 5200 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: TRANSAMERICA IDEX MUTUAL FUNDS DATE OF NAME CHANGE: 20040301 FORMER COMPANY: FORMER CONFORMED NAME: IDEX MUTUAL FDS DATE OF NAME CHANGE: 20010504 FORMER COMPANY: FORMER CONFORMED NAME: IDEX MUTUAL FUNDS / DATE OF NAME CHANGE: 20010423 0000787623 S000048274 Transamerica ClearTrack 2040 C000152526 R1 TCRTX C000152527 R6 TCKTX C000210412 R3 TCTQX NPORT-P 1 primary_doc.xml NPORT-P false 0000787623 XXXXXXXX S000048274 C000152526 C000210412 C000152527 TRANSAMERICA FUNDS 811-04556 0000787623 54930088ZHZE1VMYEY52 1801 CALIFORNIA STREET SUITE 5200 DENVER 80202 720-493-4256 Transamerica ClearTrack(R) 2040 S000048274 549300W4ULZB3OBUCZ33 2023-10-31 2023-01-31 N 50873888.14 20499.80 50853388.34 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N Transamerica Mid Cap Growth 549300BVKN1RJS81UT94 Transamerica Mid Cap Growth 89356M773 165868.56400000 NS USD 1267235.83000000 2.491939812402 Long EC RF US N 1 N N N Transamerica International Focus 5493009P69ULJNMMN265 Transamerica International Focus 89356L452 294163.50500000 NS USD 2403315.84000000 4.725969927375 Long EC RF US N 1 N N N iShares Core U.S. Aggregate Bond ETF 549300F7VSXTKBGHJE47 iShares Core U.S. Aggregate Bond ETF 464287226 16887.00000000 NS USD 1692415.14000000 3.328028269590 Long EC RF US N 1 N N N iShares Global REIT ETF 549300254BKG04Y2B303 iShares Global REIT ETF 46434V647 80799.00000000 NS USD 2008663.14000000 3.949910134935 Long EC RF US N 1 N N N Transamerica Emerging Markets Opportunities 549300Q6NK6QLC610345 Transamerica Emerging Markets Opportunities 89360T160 139562.00000000 NS USD 1144408.40000000 2.250407371773 Long EC RF US N 1 N N N Transamerica Small Cap Value 549300RKIQDFFOVG9875 Transamerica Small Cap Value 89356L593 219879.36000000 NS USD 1301685.81000000 2.559683538286 Long EC RF US N 1 N N N Transamerica Large Cap Value 549300NMC5GPLD2ULC77 Transamerica Large Cap Value 89354D312 327474.98900000 NS USD 4191679.86000000 8.242675654127 Long EC RF US N 1 N N N Fixed Income Clearing Corp 549300H47WTHXPU08X20 FIXED INC CLEARING CORP.REPO 000000000 514580.79000000 PA USD 514580.79000000 1.011890862727 Long RA CORP US N 2 Repurchase N 1.80000000 2023-02-01 431400.00000000 USD 524924.82000000 USD UST N N N Transamerica Mid Cap Value Opportunities 549300EBY5BMUT2S0673 Transamerica Mid Cap Value Opportunities 89356L627 145620.48300000 NS USD 1651336.28000000 3.247249266773 Long EC RF US N 1 N N N Transamerica Small Cap Growth 549300CCDLPC22NHUA05 Transamerica Small Cap Growth 89356L619 163739.74300000 NS USD 1028285.59000000 2.022059146039 Long EC RF US N 1 N N N Transamerica Emerging Markets Debt 549300UOGL5KQ4NPEX35 Transamerica Emerging Markets Debt Fund 89354D445 112104.62100000 NS USD 1003336.36000000 1.972998049396 Long EC RF US N 1 N N N iShares Core MSCI EAFE ETF 5493009FT582MI7Y3I36 iShares Core MSCI EAFE ETF 46432F842 107702.00000000 NS USD 7223573.14000000 14.20470370962 Long EC RF US N 1 N N N iShares Core MSCI Emerging Markets ETF 5493007C24Z3ZDJ0VD06 iShares Core MSCI Emerging Markets ETF 46434G103 35037.00000000 NS USD 1782332.19000000 3.504844511212 Long EC RF US N 1 N N N Transamerica International Stock 549300PMWLIX97VXH139 Transamerica International Stock 89360T319 233609.08300000 NS USD 2394493.10000000 4.708620562293 Long EC RF US N 1 N N N Transamerica Large Growth 549300HE9YX22PXULY07 Transamerica Large Growth 89356M781 389120.59100000 NS USD 3603256.67000000 7.085578341228 Long EC RF US N 1 N N N iShares Core S&P 500 ETF 5493007M4YMN8XL48C14 iShares Core S&P 500 ETF 464287200 29642.00000000 NS USD 12103125.02000000 23.80003656605 Long EC RF US N 1 N N N Transamerica Bond 54930028OHE6MAPEQC05 Transamerica Bond 89354D429 338468.81000000 NS USD 2778828.93000000 5.464392876677 Long EC RF US N 1 N N N iShares 0-5 Year TIPS Bond ETF 549300GIWSEGOQLZR212 iShares 0-5 Year TIPS Bond ETF 46429B747 15826.00000000 NS USD 1546991.50000000 3.042061798629 Long EC RF US N 1 N N N Transamerica High Yield Bond 549300E2RRC6XIJ79123 Transamerica High Yield Bond 89354D353 151636.69100000 NS USD 1216126.26000000 2.391436047228 Long EC RF US N 1 N N N 2023-02-28 TRANSAMERICA FUNDS Vincent Toner Vincent Toner Treasurer XXXX NPORT-EX 2 NPORT_I6C5_44937770_0123.htm FOR VALIDATION PURPOSES ONLY - [447377.I6C5]

Transamerica ClearTrack® 2040

 

SCHEDULE OF INVESTMENTS

At January 31, 2023

(unaudited)

 

     Shares      Value  
EXCHANGE-TRADED FUNDS - 51.9%  
International Equity Funds - 21.7%  

iShares Core MSCI EAFE ETF

      107,702        $  7,223,573  

iShares Core MSCI Emerging Markets ETF

      35,037        1,782,332  

iShares Global REIT ETF

      80,799        2,008,663  
     

 

 

  
        11,014,568  
     

 

 

  
U.S. Equity Fund - 23.8%  

iShares Core S&P 500 ETF

      29,642        12,103,125  
     

 

 

  
U.S. Fixed Income Funds - 6.4%  

iShares 0-5 Year TIPS Bond ETF

      15,826        1,546,992  

iShares Core U.S. Aggregate Bond ETF

      16,887        1,692,415  
     

 

 

  
        3,239,407  
     

 

 

  

Total Exchange-Traded Funds
(Cost $29,797,787)

 

      26,357,100  
     

 

 

  
INVESTMENT COMPANIES - 47.3%  
International Equity Funds - 11.7%  

Transamerica Emerging Markets Opportunities (A)

      139,562        1,144,408  

Transamerica International Focus (A)

      294,164        2,403,316  

Transamerica International Stock (A)

      233,609        2,394,493  
     

 

 

  
        5,942,217  
     

 

 

  
International Fixed Income Fund - 2.0%  

Transamerica Emerging Markets Debt (A)

      112,105        1,003,337  
     

 

 

  
U.S. Equity Funds - 25.7%  

Transamerica Large Cap Value (A)

      327,475        4,191,680  

Transamerica Large Growth (A)

      389,121        3,603,257  

Transamerica Mid Cap Growth (A)

      165,869        1,267,236  
     Shares      Value  
INVESTMENT COMPANIES (continued)  
U.S. Equity Funds (continued)  

Transamerica Mid Cap Value Opportunities (A)

      145,620        $   1,651,336  

Transamerica Small Cap Growth (A)

      163,740        1,028,285  

Transamerica Small Cap Value (A)

      219,879        1,301,686  
     

 

 

  
        13,043,480  
     

 

 

  
U.S. Fixed Income Funds - 7.9%  

Transamerica Bond (A)

      339,570        2,787,872  

Transamerica High Yield Bond (A)

      152,377        1,222,063  
     

 

 

  
        4,009,935  
     

 

 

  

Total Investment Companies
(Cost $31,760,758)

 

      23,998,969  
     

 

 

  
     Principal      Value  
REPURCHASE AGREEMENT - 1.0%  

Fixed Income Clearing Corp., 1.80% (B), dated 01/31/2023, to be repurchased at $514,607 on 02/01/2023. Collateralized by a U.S. Government Obligation, 0.13%, due 07/15/2024, and with a value of $524,925.

      $  514,581        514,581  
     

 

 

  

Total Repurchase Agreement
(Cost $514,581)

 

      514,581  
     

 

 

  

Total Investments
(Cost $62,073,126)

 

      50,870,650  

Net Other Assets (Liabilities) - (0.2)%

         (98,208 ) 
     

 

 

  

Net Assets - 100.0%

         $  50,772,442  
     

 

 

  
 

 

INVESTMENT VALUATION:

 

Valuation Inputs (C)

 

     Level 1 -
Unadjusted
Quoted
Prices		      Level 2 -
Other
Significant
Observable
Inputs		      Level 3 -
Significant
Unobservable
Inputs		      Value  

ASSETS

 

Investments

 

Exchange-Traded Funds

    $ 26,357,100      $ —        $ —        $ 26,357,100  

Investment Companies

      23,998,969        —          —          23,998,969  

Repurchase Agreement

      —          514,581        —          514,581  
  

 

 

     

 

 

     

 

 

     

 

 

  

Total Investments

    $     50,356,069      $     514,581      $     —        $     50,870,650  
  

 

 

     

 

 

     

 

 

     

 

 

  

 

Transamerica Funds

     Page    1         

Transamerica ClearTrack® 2040

 

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2023

(unaudited)

 

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

 

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

 

Affiliated Investments

   Value
October 31,
2022		     Purchases
at Cost		     Proceeds
from Sales		     Net
Realized
Gain (Loss)		     Net Change in
Unrealized
Appreciation
(Depreciation)		     Value
January 31,
2023		     Shares as of
January 31,
2023		     Dividend
Income		     Net Capital
Gain
Distributions		  

Transamerica Bond

   $ 2,625,617     $ 80,933     $ (60,000 )    $ (10,929 )    $ 152,251     $ 2,787,872       339,570     $ 25,933     $ —    

Transamerica Emerging Markets Debt

     930,021       12,990       (50,000 )      (10,673 )      120,999       1,003,337       112,105       12,990       —    

Transamerica Emerging Markets Opportunities

     901,227       28,801       —         —         214,380       1,144,408       139,562       28,801       —    

Transamerica High Yield Bond

     1,185,042       17,449       (20,000 )      (3,389 )      42,961       1,222,063       152,377       17,449       —    

Transamerica International Focus

     2,030,834       40,674       —         —         331,808       2,403,316       294,164       40,674       —    

Transamerica International Stock

     2,085,135       59,344       (100,000 )      (18,964 )      368,978       2,394,493       233,609       59,344       —    

Transamerica Large Cap Value

     4,027,123       229,993       (50,000 )      (5,885 )      (9,551 )      4,191,680       327,475       13,861       216,132  

Transamerica Large Growth

     3,211,493       294,220       —         —         97,544       3,603,257       389,121       —         44,220  

Transamerica Mid Cap Growth

     1,161,080       —         —         —         106,156       1,267,236       165,869       —         —    

Transamerica Mid Cap Value Opportunities

     1,565,616       99,629       (46,250 )      (17,301 )      49,642       1,651,336       145,620       17,363       82,266  

Transamerica Small Cap Growth

     976,305       37,779       —         —         14,201       1,028,285       163,740       —         37,779  

Transamerica Small Cap Value

     1,222,877       210,208       —         —         (131,399 )      1,301,686       219,879       27,266       182,942  
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total

   $   21,922,370     $   1,112,020     $   (326,250 )    $   (67,141 )    $   1,357,970     $   23,998,969       2,683,091     $   243,681     $   563,339  
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

 

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

PORTFOLIO ABBREVIATION:

 

REIT

    Real Estate Investment Trust

 

Transamerica Funds

     Page    2         

Transamerica ClearTrack® 2040

 

NOTES TO SCHEDULE OF INVESTMENTS

At January 31, 2023

(unaudited)

 

INVESTMENT VALUATION

Transamerica ClearTrack® 2040 (the “Fund”) is a series of the Transamerica Funds.

Effective September 8, 2022, TAM has been designated as the Fund’s valuation designee pursuant to Rule 2a-5 under the 1940 Act with responsibility for fair valuation subject to oversight by the Fund’s Board of Trustees. The net asset value of the Fund is computed as of the official close of the New York Stock Exchange (“NYSE”) each day the NYSE is open for business.

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

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

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

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

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

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

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

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

 

Transamerica Funds

     Page    3