FOR VALIDATION PURPOSES ONLY


	Shares		Value
EXCHANGE-TRADED FUNDS - 47.5%
International Equity Funds - 15.9%
iShares Core MSCI EAFE ETF		76,863		$ 5,155,201
iShares Core MSCI Emerging Markets ETF		23,567		1,198,853
iShares Global REIT ETF		75,024		1,865,097

				8,219,151

U.S. Equity Fund - 17.3%
iShares Core S&P 500 ETF		22,012		8,987,720

U.S. Fixed Income Funds - 14.3%
iShares 0-5 Year TIPS Bond ETF		26,811		2,620,775
iShares Core U.S. Aggregate Bond ETF		47,765		4,787,009

				7,407,784

Total Exchange-Traded Funds (Cost $27,446,241)				24,614,655


INVESTMENT COMPANIES - 51.7%
International Equity Funds - 7.9%
Transamerica Emerging Markets Opportunities ^(A)		115,325		945,664
Transamerica International Focus ^(A)		191,537		1,564,854
Transamerica International Stock ^(A)		155,068		1,589,444

				4,099,962

International Fixed Income Fund - 4.0%
Transamerica Emerging Markets Debt ^(A)		228,813		2,047,880

U.S. Equity Funds - 19.5%
Transamerica Large Cap Value ^(A)		244,266		3,126,608
Transamerica Large Growth ^(A)		351,973		3,259,267
Transamerica Mid Cap Growth ^(A)		138,620		1,059,060


	Shares		Value
INVESTMENT COMPANIES (continued)
U.S. Equity Funds (continued)
Transamerica Mid Cap Value Opportunities ^(A)		96,352		$ 1,092,627
Transamerica Small Cap Growth ^(A)		125,830		790,212
Transamerica Small Cap Value ^(A)		135,090		799,732

				10,127,506

U.S. Fixed Income Funds - 20.3%
Transamerica Bond ^(A)		925,469		7,598,099
Transamerica High Yield Bond ^(A)		364,491		2,923,214

				10,521,313

Total Investment Companies (Cost $33,254,453)				26,796,661


	Principal		Value
REPURCHASE AGREEMENT - 0.7%
Fixed Income Clearing Corp., 1.80%^(B), dated 01/31/2023, to be repurchased at $358,952 on 02/01/2023. Collateralized by a U.S. Government Obligation, 0.13%, due 07/15/2024, and with a value of $366,133.		$ 358,934		358,934

Total Repurchase Agreement (Cost $358,934)				358,934

Total Investments (Cost $61,059,628)				51,770,250
Net Other Assets (Liabilities) - 0.1%				34,518

Net Assets - 100.0%				$ 51,804,768

Transamerica ClearTrack^® 2030 (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.


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	$	7,165,394	$	80,593	$	(35,000	)	$	(6,225	)	$	393,337		$	7,598,099		925,469	$	70,593	$	—
Transamerica Emerging Markets Debt		1,927,971		26,163		(135,000	)		(27,337	)		256,083			2,047,880		228,813		26,164		—
Transamerica Emerging Markets Opportunities		766,329		23,800		(25,000	)		(11,751	)		192,286			945,664		115,325		23,800		—
Transamerica High Yield Bond		2,841,611		41,878		(55,000	)		(9,335	)		104,060			2,923,214		364,491		41,878		—
Transamerica International Focus		1,505,936		26,484		(200,000	)		(58,574	)		291,008			1,564,854		191,537		26,484		—
Transamerica International Stock		1,485,492		37,719		(175,000	)		(34,685	)		275,918			1,589,444		155,068		37,719		—
Transamerica Large Cap Value		3,104,109		171,554		(140,000	)		(11,815	)		2,760			3,126,608		244,266		10,340		161,214
Transamerica Large Growth		3,014,302		202,862		(50,000	)		(59,206	)		151,309			3,259,267		351,973		—		37,862
Transamerica Mid Cap Growth		1,042,757		—		(75,000	)		(73,966	)		165,269			1,059,060		138,620		—		—
Transamerica Mid Cap Value Opportunities		1,044,397		65,921		(40,000	)		(13,504	)		35,813			1,092,627		96,352		11,488		54,433
Transamerica Small Cap Growth		769,825		29,032		(20,000	)		(9,512	)		20,867			790,212		125,830		—		29,032
Transamerica Small Cap Value		805,773		129,148		(55,000	)		(51,821	)		(28,368	)		799,732		135,090		16,751		112,397

Total	$	25,473,896	$	835,154	$	(1,005,000	)	$	(367,731	)	$	1,860,342		$	26,796,661		3,072,834	$	265,217	$	394,938


(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.


	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value
ASSETS
Investments
Exchange-Traded Funds	$	24,614,655	$	—	$	—	$	24,614,655
Investment Companies		26,796,661		—		—		26,796,661
Repurchase Agreement		—		358,934		—		358,934

Total Investments	$	51,411,316	$	358,934	$	—	$	51,770,250


(A)		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