Transamerica Core Bond

SCHEDULE OF INVESTMENTS

At January 31, 2023

(unaudited)

	Principal		Value
ASSET-BACKED SECURITIES - 5.1%
321 Henderson Receivables VI LLC
Series 2010-1A, Class A,
5.56%, 07/15/2059 (A)		$  3,372,379		$  3,290,566
Accelerated LLC
Series 2021-1H, Class A,
1.35%, 10/20/2040 (A)		802,141		731,642
Bavarian Sky UK 5 PLC
Series 2014-1A, Class A1A2,
3-Month LIBOR + 1.20%, 6.01% (B), 10/20/2034 (A)		7,305,000		7,096,618
BXG Receivables Note Trust
Series 2015-A, Class A,
2.88%, 05/02/2030 (A)		227,449		218,619
CIFC Funding Ltd.
Series 2013-2A, Class A1L2,
3-Month LIBOR + 1.00%, 5.79% (B), 10/18/2030 (A)		6,155,431		6,110,041
Series 2017-3A, Class A1,
3-Month LIBOR + 1.22%, 6.03% (B), 07/20/2030 (A)		10,247,922		10,192,060
Diameter Capital CLO 1 Ltd.
Series 2021-1A, Class A1A,
3-Month LIBOR + 1.24%, 6.03% (B), 07/15/2036 (A)		4,000,000		3,938,224
GM Financial Consumer Automobile Receivables Trust
Series 2023-1, Class A2A,
5.19%, 03/16/2026		3,250,000		3,254,152
GoodLeap Sustainable Home Solutions Trust
Series 2021-4GS, Class A,
1.93%, 07/20/2048 (A)		9,323,646		7,119,406
Series 2021-5CS, Class A,
2.31%, 10/20/2048 (A)		3,630,769		2,952,771
Series 2022-1GS, Class A,
2.70%, 01/20/2049 (A)		4,805,040		3,981,817
Hilton Grand Vacations Trust
Series 2017-AA, Class A,
2.66%, 12/26/2028 (A)		1,567,465		1,545,829
Honda Auto Receivables Owner Trust
Series 2022-2, Class A2,
3.81%, 03/18/2025		4,188,000		4,149,932
JG Wentworth XXI LLC
Series 2010-2A, Class A,
4.07%, 01/15/2048 (A)		350,116		341,213
JG Wentworth XXII LLC
Series 2010-3A, Class A,
3.82%, 12/15/2048 (A)		493,740		482,079
JGWPT XXVIII LLC
Series 2013-1A, Class A,
3.22%, 04/15/2067 (A)		938,397		826,192
Laurel Road Prime Student Loan Trust
Series 2018-B, Class A2FX,
3.54%, 05/26/2043 (A)		255,159		250,488
MVW LLC
Series 2022-1A, Class A,
4.15%, 11/21/2039 (A)		7,231,053		6,988,994
MVW Owner Trust
Series 2019-1A, Class A,
2.89%, 11/20/2036 (A)		367,780		349,464

	Principal		Value
ASSET-BACKED SECURITIES (continued)
New Residential Advance Receivables Trust
Series 2020-T1, Class AT1,
1.43%, 08/15/2053 (A)		$   11,450,000		$   11,100,638
NRZ Advance Receivables Trust
Series 2020-T2, Class AT2,
1.48%, 09/15/2053 (A)		7,643,553		7,398,754
Octagon Investment Partners 33 Ltd.
Series 2017-1A, Class A1,
3-Month LIBOR + 1.19%, 6.00% (B), 01/20/2031 (A)		3,600,000		3,574,656
Orange Lake Timeshare Trust
Series 2018-A, Class A,
3.10%, 11/08/2030 (A)		702,047		680,990
Series 2018-A, Class B,
3.35%, 11/08/2030 (A)		574,397		556,968
Series 2019-A, Class A,
3.06%, 04/09/2038 (A)		460,197		442,945
Palmer Square CLO Ltd.
Series 2015-2A, Class A1R2,
3-Month LIBOR + 1.10%, 5.91% (B), 07/20/2030 (A)		7,546,484		7,489,984
RAAC Trust
Series 2007-RP4, Class A,
1-Month LIBOR + 0.35%, 4.86% (B), 11/25/2046 (A)		406,415		364,862
Sierra Timeshare Receivables Funding LLC
Series 2018-3A, Class A,
3.69%, 09/20/2035 (A)		922,555		914,536
Series 2019-1A, Class A,
3.20%, 01/20/2036 (A)		871,719		844,365
Series 2019-1A, Class B,
3.42%, 01/20/2036 (A)		1,981,179		1,910,920
Series 2021-1A, Class A,
0.99%, 11/20/2037 (A)		2,496,294		2,325,619
Towd Point Mortgage Trust
Series 2017-1, Class A1,
2.75% (B), 10/25/2056 (A)		412,235		406,088
Series 2017-3, Class A1,
2.75% (B), 07/25/2057 (A)		658,462		641,088
Series 2017-4, Class A1,
2.75% (B), 06/25/2057 (A)		1,282,806		1,223,431
Series 2017-6, Class A1,
2.75% (B), 10/25/2057 (A)		1,927,878		1,841,497
Series 2018-1, Class A1,
3.00% (B), 01/25/2058 (A)		2,776,317		2,686,929
Series 2018-4, Class A1,
3.00% (B), 06/25/2058 (A)		2,377,903		2,214,562
Series 2019-1, Class A1,
3.73% (B), 03/25/2058 (A)		6,908,057		6,649,450
Series 2020-4, Class A1,
1.75%, 10/25/2060 (A)		2,279,868		2,042,465
Trafigura Securitisation Finance PLC
Series 2021-1A, Class A2,
1.08%, 01/15/2025 (A)		4,500,000		4,081,234

Transamerica Funds Page    1

Transamerica Core Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2023

(unaudited)

	Principal		Value
ASSET-BACKED SECURITIES (continued)
Welk Resorts LLC
Series 2017-AA, Class A,
2.82%, 06/15/2033 (A)		$   1,267,536		$   1,261,912
Wellfleet CLO Ltd.
Series 2016-2A, Class A1R,
3-Month LIBOR + 1.14%, 5.95% (B), 10/20/2028 (A)		4,430,493		4,393,782
Total Asset-Backed Securities (Cost $133,343,859)				128,867,782
CORPORATE DEBT SECURITIES - 33.2%
Aerospace & Defense - 0.7%
Boeing Co.
3.50%, 03/01/2039		7,305,000		5,673,338
5.15%, 05/01/2030		5,153,000		5,182,356
5.81%, 05/01/2050		2,508,000		2,541,062
Huntington Ingalls Industries, Inc.
2.04%, 08/16/2028		6,384,000		5,389,993
				18,786,749
Air Freight & Logistics - 0.3%
GXO Logistics, Inc.
2.65%, 07/15/2031		9,977,000		7,818,145
Airlines - 0.1%
American Airlines Pass-Through Trust
3.20%, 12/15/2029		161		143
United Airlines Pass-Through Trust
3.75%, 03/03/2028		3,926,041		3,659,962
				3,660,105
Auto Components - 0.2%
Aptiv PLC / Aptiv Corp.
3.25%, 03/01/2032		3,121,000		2,687,437
BorgWarner, Inc.
3.38%, 03/15/2025 (C)		3,645,000		3,519,681
				6,207,118
Automobiles - 0.2%
General Motors Co.
6.25%, 10/02/2043		1,445,000		1,433,135
Stellantis Finance US, Inc.
6.38%, 09/12/2032 (A)		3,512,000		3,656,036
				5,089,171
Banks - 4.0%
Bank of America Corp.
Fixed until 04/24/2027, 3.71% (B), 04/24/2028		5,715,000		5,442,682
Fixed until 04/27/2032, 4.57% (B), 04/27/2033		11,175,000		10,770,011
Barclays PLC
Fixed until 11/02/2025, 7.33% (B), 11/02/2026		7,149,000		7,501,096
Citigroup, Inc.
Fixed until 10/27/2027, 3.52% (B), 10/27/2028		12,004,000		11,225,149
Commerzbank AG
8.13%, 09/19/2023 (A)		7,251,000		7,317,485
Intesa Sanpaolo SpA
5.02%, 06/26/2024 (A)		2,745,000		2,677,222
Fixed until 11/21/2032, 8.25% (B), 11/21/2033 (A)		9,500,000		10,367,470

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Banks (continued)
JPMorgan Chase & Co.
Fixed until 04/22/2026, 1.58% (B), 04/22/2027		$   7,011,000		$   6,293,416
Fixed until 02/01/2027, 3.78% (B), 02/01/2028		2,474,000		2,374,574
Fixed until 09/14/2032, 5.72% (B), 09/14/2033		11,009,000		11,326,253
Lloyds Banking Group PLC
Fixed until 08/15/2032, 7.95% (B), 11/15/2033		5,002,000		5,700,660
Truist Financial Corp.
5.12% (B), 01/26/2034		7,666,000		7,742,896
Wells Fargo & Co.
Fixed until 07/25/2027, 4.81% (B), 07/25/2028		9,666,000		9,630,141
Fixed until 06/15/2024 (D), 5.90% (B)		2,943,000		2,873,104
				101,242,159
Beverages - 0.4%
Anheuser-Busch InBev Worldwide, Inc.
4.44%, 10/06/2048		4,846,000		4,445,334
Constellation Brands, Inc.
3.15%, 08/01/2029		1,440,000		1,311,596
3.70%, 12/06/2026		1,889,000		1,822,420
Diageo Capital PLC
5.50%, 01/24/2033		2,774,000		2,995,295
				10,574,645
Biotechnology - 0.4%
AbbVie, Inc.
3.20%, 05/14/2026		2,346,000		2,249,589
4.05%, 11/21/2039		3,184,000		2,857,280
Amgen, Inc.
2.00%, 01/15/2032		2,411,000		1,947,401
CSL Finance PLC
4.63%, 04/27/2042 (A)		2,753,000		2,629,720
Gilead Sciences, Inc.
4.15%, 03/01/2047		1,594,000		1,413,347
				11,097,337
Building Products - 0.7%
Carlisle Cos., Inc.
2.20%, 03/01/2032		3,830,000		3,048,997
3.75%, 12/01/2027		3,740,000		3,581,485
Carrier Global Corp.
2.72%, 02/15/2030		2,352,000		2,049,977
Owens Corning
7.00%, 12/01/2036		8,147,000		9,252,508
				17,932,967
Capital Markets - 1.8%
Credit Suisse Group AG
Fixed until 09/11/2024, 2.59% (B), 09/11/2025 (A)		4,526,000		4,137,555
Fixed until 08/12/2032, 6.54% (B), 08/12/2033 (A)		8,211,000		7,850,311
Deutsche Bank AG
Fixed until 11/26/2024, 3.96% (B), 11/26/2025		3,026,000		2,929,880
Fixed until 05/24/2023, 4.30% (B), 05/24/2028		6,871,000		6,701,454
Goldman Sachs Group, Inc.
Fixed until 02/24/2032, 3.10% (B), 02/24/2033		8,768,000		7,490,753

Transamerica Funds Page    2

Transamerica Core Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2023

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Capital Markets (continued)
Morgan Stanley
Fixed until 12/10/2025, 0.99% (B), 12/10/2026		$   1,138,000		$   1,012,013
Fixed until 07/20/2032, 4.89% (B), 07/20/2033		5,027,000		4,966,157
Fixed until 02/01/2028, 5.12% (B), 02/01/2029		4,082,000		4,119,778
Northern Trust Corp.
6.13%, 11/02/2032		6,903,000		7,571,914
				46,779,815
Chemicals - 0.2%
International Flavors & Fragrances, Inc.
2.30%, 11/01/2030 (A)		4,965,000		4,107,820
Commercial Services & Supplies - 0.6%
ADT Security Corp.
4.13%, 08/01/2029 (A)		5,015,000		4,459,739
Ashtead Capital, Inc.
4.25%, 11/01/2029 (A)		3,037,000		2,828,482
5.55%, 05/30/2033 (A)		3,822,000		3,828,210
Triton Container International Ltd. / TAL International Container Corp.
3.25%, 03/15/2032		6,048,000		4,925,249
				16,041,680
Construction & Engineering - 0.1%
Quanta Services, Inc.
2.90%, 10/01/2030		3,740,000		3,203,885
Consumer Finance - 1.4%
Ally Financial, Inc.
8.00%, 11/01/2031		7,297,000		7,991,219
BMW US Capital LLC
2.80%, 04/11/2026 (A)		4,981,000		4,722,283
Ford Motor Credit Co. LLC
3.38%, 11/13/2025		6,702,000		6,281,785
6.95%, 03/06/2026		4,750,000		4,858,728
General Motors Financial Co., Inc.
5.00%, 04/09/2027		4,041,000		3,997,248
Nissan Motor Acceptance Co. LLC
2.45%, 09/15/2028 (A)		4,767,000		3,861,601
Volkswagen Group of America Finance LLC
1.63%, 11/24/2027 (A)		3,463,000		2,982,546
				34,695,410
Containers & Packaging - 0.1%
Sonoco Products Co.
2.25%, 02/01/2027		3,740,000		3,379,058
Diversified Financial Services - 1.4%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust
3.85%, 10/29/2041		6,388,000		4,962,319
4.45%, 04/03/2026		6,232,000		6,035,737
4.50%, 09/15/2023		4,363,000		4,338,976
Aviation Capital Group LLC
1.95%, 01/30/2026 (A)		3,332,000		2,962,388
5.50%, 12/15/2024 (A)		8,463,000		8,377,759
Equitable Holdings, Inc.
5.59%, 01/11/2033		7,468,000		7,626,169
				34,303,348
Diversified Telecommunication Services - 0.5%
Sprint Capital Corp.
6.88%, 11/15/2028		822,000		879,168

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Diversified Telecommunication Services (continued)
Verizon Communications, Inc.
1.68%, 10/30/2030		$   5,851,000		$   4,705,503
2.99%, 10/30/2056		9,757,000		6,449,569
				12,034,240
Electric Utilities - 1.4%
Appalachian Power Co.
3.40%, 06/01/2025		4,135,000		4,002,357
Cleveland Electric Illuminating Co.
5.95%, 12/15/2036		614,000		630,661
DTE Electric Co.
4.30%, 07/01/2044		7,295,000		6,662,076
Duke Energy Corp.
3.75%, 04/15/2024 - 09/01/2046		11,944,000		10,372,865
Duke Energy Progress LLC
3.60%, 09/15/2047		2,726,000		2,168,031
Entergy Arkansas LLC
3.70%, 06/01/2024		1,493,000		1,473,268
Oncor Electric Delivery Co. LLC
5.30%, 06/01/2042		707,000		744,298
Pacific Gas & Electric Co.
2.50%, 02/01/2031		4,892,000		3,937,713
PacifiCorp
3.60%, 04/01/2024		3,749,000		3,694,234
5.75%, 04/01/2037		535,000		572,986
Public Service Electric & Gas Co.
3.00%, 05/15/2025		1,955,000		1,885,273
				36,143,762
Electronic Equipment, Instruments & Components - 0.5%
Arrow Electronics, Inc.
2.95%, 02/15/2032		5,137,000		4,249,751
Keysight Technologies, Inc.
4.60%, 04/06/2027		3,395,000		3,392,451
Sensata Technologies, Inc.
4.38%, 02/15/2030 (A)		4,143,000		3,751,072
				11,393,274
Energy Equipment & Services - 0.2%
Schlumberger Holdings Corp.
3.90%, 05/17/2028 (A)		5,457,000		5,199,091
Schlumberger Investment SA
3.65%, 12/01/2023		1,121,000		1,108,096
				6,307,187
Equity Real Estate Investment Trusts - 2.6%
American Tower Trust #1
3.65%, 03/23/2028 (A)		2,800,000		2,625,696
Broadstone Net Lease LLC
2.60%, 09/15/2031		6,211,000		4,728,788
Corporate Office Properties LP
2.00%, 01/15/2029		1,623,000		1,283,470
2.25%, 03/15/2026		1,209,000		1,092,879
Invitation Homes Operating Partnership LP
4.15%, 04/15/2032		2,844,000		2,601,767
Office Properties Income Trust
3.45%, 10/15/2031 (C)		2,512,000		1,759,016
Physicians Realty LP
2.63%, 11/01/2031		7,157,000		5,859,792
Realty Income Corp.
5.63%, 10/13/2032		2,319,000		2,452,163
SBA Tower Trust
1.63%, 05/15/2051 (A)		6,278,000		5,474,388
1.88%, 07/15/2050 (A)		1,100,000		987,548
2.84%, 01/15/2050 (A)		13,134,000		12,411,035
6.60%, 01/15/2028 (A)		3,650,000		3,796,451

Transamerica Funds Page    3

Transamerica Core Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2023

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Equity Real Estate Investment Trusts (continued)
Simon Property Group LP
2.20%, 02/01/2031 (C)		$   3,744,000		$   3,079,959
Ventas Realty LP
3.25%, 10/15/2026		5,018,000		4,719,393
VICI Properties LP
4.95%, 02/15/2030		6,748,000		6,521,109
Weyerhaeuser Co.
4.00%, 04/15/2030		5,505,000		5,183,226
				64,576,680
Food & Staples Retailing - 0.4%
7-Eleven, Inc.
1.80%, 02/10/2031 (A)		5,842,000		4,647,356
Sysco Corp.
3.30%, 07/15/2026		5,932,000		5,699,240
				10,346,596
Food Products - 0.8%
Bunge Ltd. Finance Corp.
2.75%, 05/14/2031 (C)		6,218,000		5,311,785
Cargill, Inc.
5.13%, 10/11/2032 (A)		2,894,000		3,001,017
JBS USA LUX SA / JBS USA Food Co. / JBS USA Finance, Inc.
3.00%, 02/02/2029 (A)		2,483,000		2,131,283
Pilgrim’s Pride Corp.
3.50%, 03/01/2032 (A)		6,300,000		5,126,625
Viterra Finance BV
4.90%, 04/21/2027 (A)		5,002,000		4,801,280
				20,371,990
Health Care Equipment & Supplies - 0.3%
Alcon Finance Corp.
2.75%, 09/23/2026 (A)		3,484,000		3,234,092
5.75%, 12/06/2052 (A)		2,593,000		2,780,038
GE HealthCare Technologies, Inc.
5.86%, 03/15/2030 (A)		2,577,000		2,729,343
				8,743,473
Health Care Providers & Services - 1.5%
Centene Corp.
3.38%, 02/15/2030		7,847,000		6,898,455
Cigna Corp.
2.40%, 03/15/2030		4,530,000		3,900,454
CVS Health Corp.
2.70%, 08/21/2040		3,472,000		2,495,819
Elevance Health, Inc.
2.25%, 05/15/2030		4,034,000		3,433,642
5.13%, 02/15/2053		4,316,000		4,306,839
HCA, Inc.
4.13%, 06/15/2029		3,196,000		3,031,281
5.25%, 04/15/2025		1,795,000		1,796,048
5.50%, 06/15/2047		2,893,000		2,736,503
Laboratory Corp. of America Holdings
2.95%, 12/01/2029		2,929,000		2,618,010
Molina Healthcare, Inc.
4.38%, 06/15/2028 (A)		1,520,000		1,403,796
UnitedHealth Group, Inc.
6.05%, 02/15/2063		4,135,000		4,804,200
				37,425,047
Hotels, Restaurants & Leisure - 0.4%
Expedia Group, Inc.
2.95%, 03/15/2031		402,000		337,299
3.80%, 02/15/2028		2,801,000		2,642,871

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Hotels, Restaurants & Leisure (continued)
Hyatt Hotels Corp.
1.80%, 10/01/2024		$   2,477,000		$   2,347,519
Warnermedia Holdings, Inc.
5.05%, 03/15/2042 (A)		6,515,000		5,536,900
				10,864,589
Industrial Conglomerates - 0.3%
General Electric Co.
4.13%, 10/09/2042		2,771,000		2,357,794
4.50%, 03/11/2044		4,688,000		4,304,551
				6,662,345
Insurance - 1.3%
Aon Corp. / Aon Global Holdings PLC
5.00%, 09/12/2032		6,254,000		6,371,955
Global Atlantic Finance Co.
3.13%, 06/15/2031 (A)		9,317,000		7,165,805
Muenchener Rueckversicherungs-Gesellschaft AG
Fixed until 11/23/2031, 5.88% (B), 05/23/2042 (A)		3,400,000		3,472,250
Ohio National Financial Services, Inc.
5.80%, 01/24/2030 (A)		10,038,000		9,531,579
6.63%, 05/01/2031 (A)		1,348,000		1,312,186
Prudential Financial, Inc.
Fixed until 07/01/2030, 3.70% (B), 10/01/2050		5,651,000		4,865,344
				32,719,119
Interactive Media & Services - 0.3%
Baidu, Inc.
4.38%, 05/14/2024 (C)		4,652,000		4,600,189
Tencent Holdings Ltd.
3.28%, 04/11/2024 (A)		2,683,000		2,641,775
				7,241,964
IT Services - 0.1%
Rackspace Technology Global, Inc.
3.50%, 02/15/2028 (A)		2,902,000		1,758,322
Machinery - 0.2%
CNH Industrial Capital LLC
5.45%, 10/14/2025		5,538,000		5,625,670
Media - 0.5%
Charter Communications Operating LLC / Charter Communications Operating Capital
4.80%, 03/01/2050		3,602,000		2,828,730
Clear Channel Outdoor Holdings, Inc.
5.13%, 08/15/2027 (A)		2,020,000		1,844,361
Comcast Corp.
2.94%, 11/01/2056		1,620,000		1,096,980
NBCUniversal Media LLC
4.45%, 01/15/2043		3,353,000		3,126,368
Paramount Global
4.20%, 05/19/2032		4,116,000		3,538,149
				12,434,588
Metals & Mining - 0.8%
Anglo American Capital PLC
4.50%, 03/15/2028 (A)		3,182,000		3,101,457
ArcelorMittal SA
6.55%, 11/29/2027		5,937,000		6,192,236

Transamerica Funds Page    4

Transamerica Core Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2023

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Metals & Mining (continued)
Freeport-McMoRan, Inc.
3.88%, 03/15/2023		$   7,230,000		$   7,205,418
Glencore Funding LLC
2.63%, 09/23/2031 (A)		4,976,000		4,141,763
				20,640,874
Multi-Utilities - 0.3%
Black Hills Corp.
4.25%, 11/30/2023		4,781,000		4,751,032
CMS Energy Corp.
3.88%, 03/01/2024		723,000		711,322
4.88%, 03/01/2044		974,000		925,043
				6,387,397
Oil, Gas & Consumable Fuels - 2.6%
Boardwalk Pipelines LP
3.40%, 02/15/2031		3,125,000		2,784,178
Chevron USA, Inc.
3.25%, 10/15/2029		4,089,000		3,849,904
Energy Transfer LP
4.90%, 02/01/2024		2,863,000		2,851,709
5.15%, 03/15/2045		1,668,000		1,499,899
5.55%, 02/15/2028		2,532,000		2,573,094
5.95%, 10/01/2043		1,293,000		1,276,013
7.60%, 02/01/2024		4,041,000		4,111,911
Enterprise Products Operating LLC
4.25%, 02/15/2048		8,341,000		7,157,426
Kinder Morgan Energy Partners LP
4.15%, 02/01/2024		3,178,000		3,149,441
Occidental Petroleum Corp.
5.55%, 03/15/2026		7,343,000		7,416,430
ONEOK, Inc.
6.10%, 11/15/2032		5,869,000		6,156,488
Petroleos Mexicanos
6.84%, 01/23/2030		3,109,000		2,697,256
6.88%, 08/04/2026		1,410,000		1,379,101
7.69%, 01/23/2050		641,000		477,943
Pioneer Natural Resources Co.
2.15%, 01/15/2031		6,139,000		5,067,483
Plains All American Pipeline LP / PAA Finance Corp.
3.55%, 12/15/2029		3,097,000		2,773,033
Sabine Pass Liquefaction LLC
4.20%, 03/15/2028		2,888,000		2,785,641
Saudi Arabian Oil Co.
1.25%, 11/24/2023 (A)		323,000		312,493
Shell International Finance BV
2.50%, 09/12/2026		3,121,000		2,935,929
3.75%, 09/12/2046		2,857,000		2,425,680
Williams Cos., Inc.
5.40%, 03/04/2044		1,095,000		1,065,629
				64,746,681
Personal Products - 0.1%
GSK Consumer Healthcare Capital US LLC
3.38%, 03/24/2027		2,762,000		2,610,269
Pharmaceuticals - 0.6%
Astrazeneca Finance LLC
1.20%, 05/28/2026		2,588,000		2,334,671
AstraZeneca PLC
4.38%, 08/17/2048		4,122,000		3,931,515
Bayer US Finance II LLC
4.38%, 12/15/2028 (A)		4,174,000		4,045,798

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Pharmaceuticals (continued)
Royalty Pharma PLC
2.20%, 09/02/2030		$   4,157,000		$   3,380,068
Viatris, Inc.
2.30%, 06/22/2027		2,488,000		2,190,787
				15,882,839
Professional Services - 0.3%
Equifax, Inc.
2.60%, 12/01/2024		4,000,000		3,834,582
5.10%, 12/15/2027		4,636,000		4,698,482
				8,533,064
Road & Rail - 0.8%
Avolon Holdings Funding Ltd.
2.88%, 02/15/2025 (A)		8,743,000		8,196,620
5.50%, 01/15/2026 (A)		3,257,000		3,198,088
Norfolk Southern Corp.
4.55%, 06/01/2053		8,190,000		7,592,737
				18,987,445
Semiconductors & Semiconductor Equipment - 1.3%
Advanced Micro Devices, Inc.
3.92%, 06/01/2032		6,496,000		6,194,035
Broadcom, Inc.
1.95%, 02/15/2028 (A)		2,070,000		1,793,666
3.50%, 02/15/2041 (A)		3,314,000		2,524,452
KLA Corp.
3.30%, 03/01/2050 (C)		4,337,000		3,342,263
Microchip Technology, Inc.
0.98%, 09/01/2024		4,561,000		4,269,326
NXP BV / NXP Funding LLC / NXP USA, Inc.
3.25%, 11/30/2051		1,240,000		840,999
3.40%, 05/01/2030		1,216,000		1,086,662
QUALCOMM, Inc.
3.25%, 05/20/2027		3,552,000		3,417,898
3.25%, 05/20/2050 (C)		3,819,000		2,976,811
Skyworks Solutions, Inc.
1.80%, 06/01/2026		2,526,000		2,255,318
TSMC Global Ltd.
1.38%, 09/28/2030 (A)		5,908,000		4,726,568
				33,427,998
Software - 1.1%
Crowdstrike Holdings, Inc.
3.00%, 02/15/2029 (C)		570,000		489,188
Infor, Inc.
1.75%, 07/15/2025 (A)		5,112,000		4,651,227
Oracle Corp.
3.65%, 03/25/2041		3,404,000		2,684,285
6.90%, 11/09/2052		5,825,000		6,694,460
Take-Two Interactive Software, Inc.
3.55%, 04/14/2025		6,520,000		6,312,607
Workday, Inc.
3.50%, 04/01/2027		6,126,000		5,853,962
				26,685,729
Specialty Retail - 0.2%
Lowe’s Cos., Inc.
3.75%, 04/01/2032		4,632,000		4,284,700

Transamerica Funds Page    5

Transamerica Core Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2023

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Technology Hardware, Storage & Peripherals - 0.2%
Apple, Inc.
2.65%, 05/11/2050		$   3,716,000		$   2,616,939
Western Digital Corp.
2.85%, 02/01/2029		1,526,000		1,243,812
				3,860,751
Tobacco - 0.4%
BAT Capital Corp.
2.26%, 03/25/2028		5,667,000		4,863,799
Philip Morris International, Inc.
5.63%, 11/17/2029		4,540,000		4,731,247
				9,595,046
Wireless Telecommunication Services - 0.6%
America Movil SAB de CV
4.38%, 07/16/2042		2,100,000		1,908,774
Sprint LLC
7.88%, 09/15/2023		2,873,000		2,915,857
T-Mobile USA, Inc.
3.50%, 04/15/2031		4,213,000		3,769,878
3.88%, 04/15/2030		6,794,000		6,345,169
				14,939,678
Total Corporate Debt Securities (Cost $870,524,984)				840,150,729
FOREIGN GOVERNMENT OBLIGATIONS - 0.5%
Chile - 0.0% (E)
Chile Government International Bonds
3.50%, 01/25/2050 (C)		825,000		620,165
Colombia - 0.2%
Colombia Government International Bonds
4.50%, 01/28/2026		3,650,000		3,484,087
Indonesia - 0.1%
Indonesia Government International Bonds
4.75%, 01/08/2026 (A)		3,205,000		3,224,273
Mexico - 0.1%
Mexico Government International Bonds
3.75%, 01/11/2028		2,481,000		2,375,079
Panama - 0.0% (E)
Panama Government International Bonds
3.88%, 03/17/2028		735,000		700,871
Peru - 0.0% (E)
Peru Government International Bonds
7.35%, 07/21/2025		390,000		410,396
Poland - 0.0% (E)
Republic of Poland Government International Bonds
3.00%, 03/17/2023		500,000		498,495
Qatar - 0.1%
Qatar Government International Bonds
3.88%, 04/23/2023 (A)		913,000		909,761
Total Foreign Government Obligations (Cost $12,888,671)				12,223,127

	Principal		Value
MORTGAGE-BACKED SECURITIES - 6.5%
Alternative Loan Trust
Series 2005-36, Class 2A1A,
1-Month LIBOR + 0.62%, 5.13% (B), 08/25/2035		$   290,394		$   248,234
Series 2005-50CB, Class 1A1,
5.50%, 11/25/2035		442,773		365,520
Series 2005-51, Class 3A3A,
1-Month LIBOR + 0.64%, 5.13% (B), 11/20/2035		334,878		273,399
Series 2007-22, Class 2A16,
6.50%, 09/25/2037		4,664,828		1,978,923
Series 2007-5CB, Class 1A31,
5.50%, 04/25/2037		694,719		384,211
BB-UBS Trust
Series 2012-TFT, Class A,
2.89%, 06/05/2030 (A)		1,747,655		1,708,924
Bear Stearns Alt-A Trust
Series 2004-11, Class 2A2,
3.92% (B), 11/25/2034		25,952		23,875
CHL Mortgage Pass-Through Trust
Series 2003-60, Class 1A1,
4.17% (B), 02/25/2034		20,284		18,729
Series 2005-3, Class 1A2,
1-Month LIBOR + 0.58%, 5.09% (B), 04/25/2035		65,604		58,698
CIM Trust
Series 2021-R6, Class A1,
1.43% (B), 07/25/2061 (A)		5,694,994		5,085,148
Citigroup Commercial Mortgage Trust
Series 2014-GC19, Class A3,
3.75%, 03/11/2047		1,280,763		1,261,961
Series 2014-GC19, Class A4,
4.02%, 03/11/2047		4,165,000		4,094,327
Citigroup Mortgage Loan Trust, Inc.
Series 2014-A, Class A,
4.00% (B), 01/25/2035 (A)		232,034		217,944
Series 2015-PS1, Class A1,
3.75% (B), 09/25/2042 (A)		185,952		174,947
Series 2018-RP1, Class A1,
3.00% (B), 09/25/2064 (A)		1,113,749		1,062,238
COMM Mortgage Trust
Series 2013-CR11, Class AM,
4.72% (B), 08/10/2050		565,000		557,424
Series 2014-UBS2, Class A5,
3.96%, 03/10/2047		12,640,000		12,419,819
Series 2015-3BP, Class A,
3.18%, 02/10/2035 (A)		17,005,000		15,931,393
CSMC Trust
Series 2014-11R, Class 17A1,
1-Month LIBOR + 0.15%, 4.69% (B), 12/27/2036 (A)		124,619		123,443
Series 2021-RPL2, Class A1A,
1.11% (B), 01/25/2060 (A)		6,276,215		5,252,430
Series 2021-RPL6, Class A1,
2.00% (B), 10/25/2060 (A)		4,129,043		3,683,220
Fontainebleau Miami Beach Trust
Series 2019-FBLU, Class A,
3.14%, 12/10/2036 (A)		3,800,000		3,587,236
Series 2019-FBLU, Class B,
3.45%, 12/10/2036 (A)		6,050,000		5,702,855
Series 2019-FBLU, Class C,
3.75%, 12/10/2036 (A)		4,570,000		4,301,523
GMACM Mortgage Loan Trust
Series 2005-AR1, Class 3A,
0.00% (B), 03/18/2035		3,560		3,153

Transamerica Funds Page    6

Transamerica Core Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2023

(unaudited)

	Principal		Value
MORTGAGE-BACKED SECURITIES (continued)
HarborView Mortgage Loan Trust
Series 2004-4, Class 2A,
1-Month LIBOR + 0.56%, 5.03% (B), 06/19/2034		$   112,507		$   99,081
Impac CMB Trust
Series 2004-6, Class 1A1,
1-Month LIBOR + 0.80%, 5.31% (B), 10/25/2034		5,379		5,157
IndyMac INDX Mortgage Loan Trust
Series 2007-AR15, Class 2A1,
3.22% (B), 08/25/2037		287,330		217,289
JPMorgan Chase Commercial Mortgage Securities Trust
Series 2014-DSTY, Class B,
3.77%, 06/10/2027 (A)		4,800,000		909,576
JPMorgan Mortgage Trust
Series 2004-A1, Class 1A1,
2.98% (B), 02/25/2034		12,013		10,807
Series 2006-A2, Class 5A1,
4.18% (B), 11/25/2033		7,293		6,971
Series 2006-S3, Class 1A12,
6.50%, 08/25/2036		152,496		63,554
Manhattan West Mortgage Trust
Series 2020-1MW, Class A,
2.13%, 09/10/2039 (A)		5,765,000		5,051,232
Series 2020-1MW, Class B,
2.34% (B), 09/10/2039 (A)		5,024,000		4,367,012
MASTR Adjustable Rate Mortgages Trust
Series 2007-R5, Class A1,
3.67% (B), 11/25/2035 (A)		192,455		115,254
Merrill Lynch Mortgage Investors Trust
Series 2003-F, Class A1,
1-Month LIBOR + 0.64%, 5.15% (B), 10/25/2028		4,567		4,258
Series 2004-A1, Class 2A1,
3.43% (B), 02/25/2034		45,065		41,393
Series 2005-A4, Class 2A2,
3.22% (B), 07/25/2035		41,627		35,911
Morgan Stanley Bank of America Merrill Lynch Trust
Series 2013-C11, Class B,
4.40% (B), 08/15/2046		1,035,000		763,411
Nationstar Mortgage Loan Trust
Series 2013-A, Class A,
3.75% (B), 12/25/2052 (A)		758,596		703,036
New Residential Mortgage Loan Trust
Series 2014-1A, Class A,
3.75% (B), 01/25/2054 (A)		313,525		296,723
Series 2014-2A, Class A3,
3.16% (B), 05/25/2054 (A)		246,758		227,487
Series 2014-3A, Class AFX3,
3.75% (B), 11/25/2054 (A)		838,572		780,714
Series 2015-2A, Class A1,
3.75% (B), 08/25/2055 (A)		1,058,383		993,111
Series 2016-2A, Class A1,
3.75% (B), 11/26/2035 (A)		941,143		878,375
Series 2016-3A, Class A1B,
3.25% (B), 09/25/2056 (A)		1,886,558		1,742,479
Series 2017-1A, Class A1,
4.00% (B), 02/25/2057 (A)		1,703,370		1,616,543
Series 2017-2A, Class A3,
4.00% (B), 03/25/2057 (A)		1,920,951		1,816,013
Series 2017-3A, Class A1,
4.00% (B), 04/25/2057 (A)		2,683,961		2,556,981
Series 2017-4A, Class A1,
4.00% (B), 05/25/2057 (A)		1,347,339		1,263,617

	Principal		Value
MORTGAGE-BACKED SECURITIES (continued)
New Residential Mortgage Loan Trust (continued)
Series 2018-1A, Class A1A,
4.00% (B), 12/25/2057 (A)		$   824,017		$   786,567
Series 2018-RPL1, Class A1,
3.50% (B), 12/25/2057 (A)		7,468,312		7,130,102
Series 2019-4A, Class A1B,
3.50% (B), 12/25/2058 (A)		5,553,640		5,170,385
Series 2019-5A, Class A1B,
3.50% (B), 08/25/2059 (A)		1,407,994		1,323,416
Series 2019-6A, Class A1B,
3.50% (B), 09/25/2059 (A)		2,023,916		1,878,347
One Market Plaza Trust
Series 2017-1MKT, Class A,
3.61%, 02/10/2032 (A)		11,917,000		11,199,177
RALI Trust
Series 2007-QO4, Class A1A,
1-Month LIBOR + 0.38%, 4.89% (B), 05/25/2047		268,977		241,268
Structured Adjustable Rate Mortgage Loan Trust
Series 2005-15, Class 1A1,
4.11% (B), 07/25/2035		189,811		114,115
Series 2007-3, Class 3A1,
3.49% (B), 04/25/2047		493,051		245,911
Structured Asset Mortgage Investments II Trust
Series 2003-AR4, Class A1,
1-Month LIBOR + 0.70%, 5.17% (B), 01/19/2034		13,005		12,273
Towd Point Mortgage Trust
Series 2019-4, Class A1,
2.90% (B), 10/25/2059 (A)		10,104,875		9,411,410
Series 2021-1, Class A1,
2.25% (B), 11/25/2061 (A)		4,342,959		3,945,696
Series 2022-4, Class A1,
3.75%, 09/25/2062 (A)		14,163,098		13,444,802
Series 2023-1, Class A1,
3.75%, 01/25/2063 (A)		8,530,000		8,131,649
WaMu Mortgage Pass-Through Certificates Trust
Series 2005-AR8, Class 2A1A,
1-Month LIBOR + 0.58%, 5.09% (B), 07/25/2045		19,275		17,828
Series 2007-OA6, Class 1A1B,
12-MTA + 0.81%, 3.24% (B), 07/25/2047		24,426		511
Wells Fargo Commercial Mortgage Trust
Series 2015-C26, Class B,
3.78%, 02/15/2048		3,000,000		2,804,942
Series 2015-C29, Class AS,
4.01% (B), 06/15/2048		6,250,000		5,967,529
Total Mortgage-Backed Securities (Cost $177,901,514)				164,911,487
MUNICIPAL GOVERNMENT OBLIGATION - 0.0% (E)
Georgia - 0.0% (E)
Municipal Electric Authority of Georgia, Revenue Bonds,
Series A,
6.64%, 04/01/2057		270,000		307,385
Total Municipal Government Obligation (Cost $319,186)				307,385
U.S. GOVERNMENT AGENCY OBLIGATIONS - 23.8%
Federal Home Loan Mortgage Corp.
12-Month LIBOR + 1.90%, 2.40% (B), 02/01/2041		20,261		19,941

Transamerica Funds Page    7

Transamerica Core Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2023

(unaudited)

	Principal		Value
U.S. GOVERNMENT AGENCY OBLIGATIONS (continued)
Federal Home Loan Mortgage Corp. (continued)
6-Month LIBOR + 1.57%, 2.82% (B), 02/01/2037		$   1,897		$   1,854
12-Month LIBOR + 1.66%, 3.18% (B), 01/01/2038		51,899		52,076
6-Month LIBOR + 1.36%, 3.90% (B), 05/01/2037		13,456		13,556
6-Month LIBOR + 2.12%, 3.91% (B), 05/01/2037		4,637		4,525
12-Month LIBOR + 1.73%, 3.98% (B), 09/01/2035		129,693		131,316
12-Month LIBOR + 1.75%, 4.00% (B), 12/01/2034		5,633		5,592
12-Month LIBOR + 1.80%, 4.05% (B), 09/01/2037		9,866		10,052
6-Month LIBOR + 1.57%, 4.72% (B), 04/01/2037		12,020		12,085
5.00%, 12/01/2035		194,168		200,222
6.00%, 05/01/2031		144,697		150,099
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates
2.81%, 01/25/2025		10,344,391		10,008,333
2.89%, 06/25/2027		2,930,464		2,880,261
3.01%, 07/25/2025		12,812,000		12,399,153
3.06% (B), 08/25/2024		4,856,562		4,738,701
3.17%, 10/25/2024		17,140,000		16,725,315
3.49%, 01/25/2024		6,965,000		6,870,640
Federal National Mortgage Association
12-Month LIBOR + 1.75%, 2.25% (B), 03/01/2041		11,452		11,246
6-Month LIBOR + 0.94%, 3.37% (B), 08/01/2037		766		765
3.50%, 07/01/2028 - 01/01/2029		831,795		815,945
12-Month LIBOR + 1.74%, 3.74% (B), 08/01/2035		16,249		16,600
4.50%, 02/01/2025 - 04/01/2025		19,922		20,119
6-Month LIBOR + 1.52%, 4.74% (B), 01/01/2035		3,489		3,510
5.00%, 04/01/2039 - 11/01/2039		4,669,488		4,738,163
5.50%, 04/01/2036 - 12/01/2041		2,002,367		2,101,341
6.00%, 02/01/2034 - 01/01/2040		2,051,250		2,147,819
6.50%, 06/01/2038 - 05/01/2040		819,039		870,009
Government National Mortgage Association, Interest Only STRIPS
Series 2012-120, Class IO,
0.64% (B), 02/16/2053		2,372,458		38,019
Tennessee Valley Authority
5.88%, 04/01/2036		2,768,000		3,192,514
Uniform Mortgage-Backed Security
2.00%, TBA (F)		85,510,000		74,553,133
2.50%, TBA (F)		155,184,000		137,018,960
3.00%, TBA (F)		110,735,000		101,112,702
3.50%, TBA (F)		115,576,000		108,883,431
4.00%, TBA (F)		73,724,000		71,100,462
4.50%, TBA (F)		41,726,000		41,166,974
Total U.S. Government Agency Obligations (Cost $602,247,167)				602,015,433
U.S. GOVERNMENT OBLIGATIONS - 28.7%
U.S. Treasury - 27.5%
U.S. Treasury Bonds
1.25%, 05/15/2050		21,429,000		12,478,207
1.88%, 02/15/2051 - 11/15/2051		11,868,000		8,081,815
2.00%, 02/15/2050		9,112,000		6,454,571
2.25%, 08/15/2046 - 02/15/2052		29,315,000		21,890,992
2.38%, 02/15/2042 - 05/15/2051		18,112,000		14,447,188

	Principal		Value
U.S. GOVERNMENT OBLIGATIONS (continued)
U.S. Treasury (continued)
U.S. Treasury Bonds (continued)
2.50%, 02/15/2045 - 05/15/2046		$   42,510,200		$   34,037,259
2.75%, 08/15/2042 - 11/15/2047		20,088,500		17,001,519
2.88%, 08/15/2045 - 05/15/2049		9,895,500		8,472,387
3.00%, 05/15/2042 - 08/15/2048		7,297,300		6,439,323
3.00%, 08/15/2052 (C)		51,941,100		45,602,663
3.13%, 02/15/2042 - 05/15/2048		18,503,000		16,839,180
3.63%, 02/15/2044		9,479,600		9,210,764
4.00%, 11/15/2052		5,195,000		5,512,383
5.25%, 02/15/2029		25,842,100		28,025,556
U.S. Treasury Notes
0.25%, 05/31/2025		3,253,000		2,978,401
0.63%, 05/15/2030		2,059,000		1,680,578
0.63%, 08/15/2030 (C)		9,737,000		7,909,411
0.88%, 06/30/2026		16,360,100		14,826,980
1.13%, 02/15/2031		5,731,000		4,812,921
1.25%, 11/30/2026		12,997,000		11,835,901
1.38%, 11/15/2031		37,727,000		31,721,628
1.50%, 08/15/2026 - 02/15/2030		73,171,700		67,038,523
1.63%, 05/15/2026 - 05/15/2031		24,038,900		21,431,248
1.88%, 02/15/2032		21,448,800		18,769,376
2.25%, 11/15/2025 (C)		1,956,500		1,869,451
2.25%, 11/15/2027		70,991,400		66,593,261
2.50%, 08/15/2023 - 05/31/2024		18,970,000		18,696,357
2.63%, 02/15/2029		2,275,400		2,150,786
2.75%, 05/15/2025 - 08/15/2032		72,354,600		67,962,280
2.88%, 05/15/2028 - 05/15/2032		55,371,100		52,882,669
2.88%, 08/15/2028 (C)		12,179,700		11,702,979
3.13%, 11/15/2028		13,172,000		12,813,886
3.25%, 08/31/2024		3,682,000		3,614,113
3.88%, 11/30/2027		5,843,100		5,900,618
4.13%, 09/30/2027 - 11/15/2032		31,951,900		33,411,941
				695,097,115
U.S. Treasury Inflation-Protected Securities - 1.2%
U.S. Treasury Inflation-Protected Indexed Bonds
0.25%, 02/15/2050		7,506,286		5,404,453
1.75%, 01/15/2028		4,428,383		4,496,625
2.50%, 01/15/2029		13,283,840		14,109,539
U.S. Treasury Inflation-Protected Indexed Notes
0.13%, 07/15/2030		7,755,655		7,116,268
				31,126,885
Total U.S. Government Obligations (Cost $768,678,207)				726,224,000
	Shares		Value
PREFERRED STOCKS - 0.2%
Banks - 0.2%
Citigroup Capital XIII,
3-Month LIBOR + 6.37%, 11.17% (B)		184,306		5,293,269
Electric Utilities - 0.0% (E)
SCE Trust III,
Series H, Fixed until 03/15/2024, 5.75% (B) (C)		7,998		178,755
Total Preferred Stocks (Cost $5,380,762)				5,472,024

Transamerica Funds Page    8

Transamerica Core Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2023

(unaudited)

	Principal		Value
COMMERCIAL PAPER - 16.9%
Banks - 10.1%
Australia & New Zealand Banking Group Ltd.
5.16% (G), 07/10/2023		$  22,900,000		$   22,424,596
Bedford Row Funding Corp.
4.65% (G), 02/07/2023		16,927,000		16,912,321
BofA Securities, Inc.
5.21% (G), 07/13/2023		18,008,000		17,606,353
Cooperatieve Rabobank UA
5.05% (G), 07/31/2023		5,000,000		4,878,755
DBS Bank Ltd.
5.08% (G), 07/27/2023		23,785,000		23,204,729
DNB Bank ASA
5.07% (G), 06/20/2023		25,000,000		24,541,208
Korea Development Bank
5.35% (G), 06/14/2023		17,364,000		17,054,280
Lloyds Bank PLC
4.76% (G), 03/03/2023		3,950,000		3,934,650
5.09% (G), 07/18/2023		21,925,000		21,425,797
Mackinac Funding Co. LLC
4.81% (G), 03/01/2023		11,915,000		11,870,896
Macquarie Bank Ltd.
4.62% (G), 02/28/2023		13,550,000		13,501,985
4.70% (G), 02/28/2023		7,541,000		7,514,278
Societe Generale SA
5.22% (G), 06/12/2023		21,000,000		20,630,862
Standard Chartered Bank
5.19% (G), 06/21/2023		25,000,000		24,537,833
Svenska Handelsbanken AB
5.06% (G), 07/24/2023		25,000,000		24,415,408
				254,453,951
Diversified Financial Services - 5.0%
Atlantic Asset Securitization LLC
4.74% (G), 02/15/2023		12,773,000		12,749,045
Cancara Asset Securitisation LLC
4.97% (G), 05/15/2023		1,636,000		1,613,565
Chariot Funding LLC
4.77% (G), 02/10/2023		3,825,000		3,820,238
Glencove Funding LLC
4.74% (G), 02/03/2023		15,000,000		14,994,549
5.02% (G), 06/20/2023		7,000,000		6,868,163
Lexington Parker Capital Co. LLC
4.77% (G), 03/03/2023		14,905,000		14,846,447
Liberty Street Funding LLC
4.83% (G), 02/07/2023		1,275,000		1,273,892
5.07% (G), 05/25/2023		10,900,000		10,732,732
Mont Blanc Capital Corp.
4.74% (G), 02/21/2023		2,709,000		2,701,849
Sheffield Receivables Co. LLC
4.83% (G), 03/06/2023		14,000,000		13,938,900
Thunder Bay Funding LLC
5.03% (G), 05/12/2023 - 05/18/2023		18,450,000		18,197,694
Victory Receivables Corp.
4.87% (G), 04/28/2023		25,000,000		24,715,256
				126,452,330
Food Products - 0.6%
Britannia Funding Co. LLC
4.79% (G), 02/07/2023		15,000,000		14,986,933

	Principal		Value
COMMERCIAL PAPER (continued)
Health Care Providers & Services - 0.4%
Columbia Funding Co. LLC
4.72% (G), 03/01/2023		$   10,500,000		$   10,461,464
Software - 0.8%
Manhattan Asset Funding Co. LLC
4.91% (G), 05/24/2023		9,000,000		8,866,264
5.20% (G), 07/10/2023		11,073,000		10,830,034
				19,696,298
Total Commercial Paper (Cost $425,974,131)				426,050,976
SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 3.9%
U.S. Treasury Bills
4.13% (G), 02/02/2023 (C)		7,243,000		7,242,196
4.28% (G), 03/09/2023		35,652,000		35,492,850
4.60% (G), 06/08/2023		30,417,000		29,927,128
4.61% (G), 06/08/2023		3,574,000		3,516,440
4.81% (G), 07/20/2023		11,946,000		11,689,014
4.83% (G), 07/20/2023		11,263,000		11,020,707
Total Short-Term U.S. Government Obligations (Cost $98,906,248)				98,888,335
	Shares		Value
OTHER INVESTMENT COMPANY - 2.2%
Securities Lending Collateral - 2.2%
State Street Navigator Securities Lending Trust - Government Money Market Portfolio, 4.30% (G)		54,828,934		54,828,934
Total Other Investment Company (Cost $54,828,934)				54,828,934
	Principal		Value
REPURCHASE AGREEMENT - 1.0%
Fixed Income Clearing Corp., 1.80% (G), dated 01/31/2023, to be repurchased at $25,035,217 on 02/01/2023. Collateralized by a U.S. Government Obligation, 0.13%, due 07/15/2024, and with a value of $25,534,660.		$  25,033,965		25,033,965
Total Repurchase Agreement (Cost $25,033,965)				25,033,965
Total Investments (Cost $3,176,027,628)				3,084,974,177
Net Other Assets (Liabilities) - (22.0)%				(555,956,684	)
Net Assets - 100.0%				$  2,529,017,493

Transamerica Funds Page    9

Transamerica Core Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2023

(unaudited)

INVESTMENT VALUATION:

Valuation Inputs ^(H)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value
ASSETS
Investments
Asset-Backed Securities	$	—	$	128,867,782	$	—	$	128,867,782
Corporate Debt Securities		—		840,150,729		—		840,150,729
Foreign Government Obligations		—		12,223,127		—		12,223,127
Mortgage-Backed Securities		—		164,911,487		—		164,911,487
Municipal Government Obligation		—		307,385		—		307,385
U.S. Government Agency Obligations		—		602,015,433		—		602,015,433
U.S. Government Obligations		—		726,224,000		—		726,224,000
Preferred Stocks		5,472,024		—		—		5,472,024
Commercial Paper		—		426,050,976		—		426,050,976
Short-Term U.S. Government Obligations		—		98,888,335		—		98,888,335
Other Investment Company		54,828,934		—		—		54,828,934
Repurchase Agreement		—		25,033,965		—		25,033,965
Total Investments	$	60,300,958	$	3,024,673,219	$	—	$	3,084,974,177

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

(A)	Securities are exempt from registration pursuant to Rule 144A of the Securities Act of 1933. Securities may be resold as transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2023, the total value of 144A securities is $468,990,785, representing 18.5% of the Fund’s net assets.
(B)	Floating or variable rate securities. The rates disclosed are as of January 31, 2023. For securities based on a published reference rate and spread, the reference rate and spread are indicated within the description. Variable rate securities with a floor or ceiling feature are disclosed at the inherent rate, where applicable. Certain variable rate securities are not based on a published reference rate and spread, but are determined by the issuer or agent and are based on current market conditions; these securities do not indicate a reference rate and spread in the description.
(C)	All or a portion of the securities are on loan. The total value of all securities on loan is $81,736,691, collateralized by cash collateral of $54,828,934 and non-cash collateral, such as U.S. government securities and irrevocable letters of credit, of $28,614,900. 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)	Perpetual maturity. The date displayed is the next call date.
(E)	Percentage rounds to less than 0.1% or (0.1)%.
(F)	When-issued, delayed-delivery and/or forward commitment (including TBAs) securities. Securities to be settled and delivered after January 31, 2023. Securities may display a coupon rate of 0.00%, as the rate is to be determined at time of settlement.
(G)	Rates disclosed reflect the yields at January 31, 2023.
(H)	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 ABBREVIATIONS:

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

Transamerica Funds Page    10

Transamerica Core Bond

NOTES TO SCHEDULE OF INVESTMENTS

At January 31, 2023

(unaudited)

INVESTMENT VALUATION

Transamerica Core Bond (formerly, Transamerica Intermediate Bond) (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:

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.

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.

Transamerica Funds Page    11

Transamerica Core Bond

NOTES TO SCHEDULE OF INVESTMENTS (continued)

At January 31, 2023

(unaudited)

Municipal government obligations: The fair value of municipal government obligations and variable rate notes is estimated based on models that consider, among other factors, information received from market makers and broker-dealers, current trades, bid-want lists, offerings, market movements, the liquidity of the bond, state of issuance, benchmark yield curves, and bond or note insurance. 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.

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.

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.

Transamerica Funds Page    12