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	Shares		Value
EXCHANGE-TRADED FUNDS - 48.6%
International Equity Funds - 17.4%
iShares Core MSCI EAFE ETF		91,854		$ 6,388,446
iShares Core MSCI Emerging Markets ETF		30,628		1,599,700
iShares Global REIT ETF		83,197		1,975,097

				9,963,243

U.S. Equity Fund - 20.8%
iShares Core S&P 500 ETF		25,966		11,949,034

U.S. Fixed Income Funds - 10.4%
iShares 0-5 Year TIPS Bond ETF		26,360		2,570,891
iShares Core U.S. Aggregate Bond ETF		35,080		3,426,614

				5,997,505

Total Exchange-Traded Funds (Cost $29,743,801)				27,909,782


INVESTMENT COMPANIES - 50.5%
International Equity Funds - 9.7%
Transamerica Emerging Markets Opportunities ^(A)		125,026		1,002,710
Transamerica International Focus ^(A)		269,186		2,288,082
Transamerica International Stock ^(A)		210,125		2,298,765

				5,589,557

International Fixed Income Fund - 3.3%
Transamerica Emerging Markets Debt ^(A)		203,739		1,862,177

U.S. Equity Funds - 22.2%
Transamerica Capital Growth ^(A)		197,958		1,504,477
Transamerica Large Cap Value ^(A)		293,785		3,892,657
Transamerica Mid Cap Growth ^(A)		177,543		1,530,424
Transamerica Mid Cap Value Opportunities ^(A)		122,594		1,387,770


	Shares		Value
INVESTMENT COMPANIES (continued)
U.S. Equity Funds (continued)
Transamerica Small Cap Growth ^(A)		149,994		$ 1,024,458
Transamerica Small Cap Value ^(A)		162,843		949,375
Transamerica US Growth ^(A)		93,968		2,467,591

				12,756,752

U.S. Fixed Income Funds - 15.3%
Transamerica Bond ^(A)		754,450		6,035,598
Transamerica High Yield Bond ^(A)		343,603		2,721,333

				8,756,931

Total Investment Companies (Cost $32,655,199)				28,965,417


	Principal		Value
REPURCHASE AGREEMENT - 1.2%
Fixed Income Clearing Corp., 2.50%^(B), dated 07/31/2023, to be repurchased at $696,277 on 08/01/2023. Collateralized by a U.S. Government Obligation, 4.50%, due 07/15/2026, and with a value of $710,244.		$ 696,229		696,229

Total Repurchase Agreement (Cost $696,229)				696,229

Total Investments (Cost $63,095,229)				57,571,428
Net Other Assets (Liabilities) - (0.3)%				(197,903	)

Net Assets - 100.0%				$ 57,373,525

Transamerica ClearTrack^® 2035 (the “Fund”) is a series of the Transamerica Funds.

Transamerica Asset Management, Inc. (“TAM”) has been designated as the Fund’s valuation designee pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended, 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 July 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 July 31, 2023		Shares as of July 31, 2023		Dividend Income		Net Capital Gain Distributions
Transamerica Bond	$	5,261,006	$	778,748	$	(145,854	)	$	(25,806	)	$	167,504	$	6,035,598		754,450	$	163,747	$	—
Transamerica Capital Growth		—		1,349,998		(220,000	)		39,932			334,547		1,504,477		197,958		—		—
Transamerica Emerging Markets Debt		1,695,816		82,191		(155,000	)		(31,775	)		270,945		1,862,177		203,739		68,191		—
Transamerica Emerging Markets Opportunities		781,303		56,969		—			—			164,438		1,002,710		125,026		24,969		—
Transamerica High Yield Bond		2,230,383		460,450		(19,365	)		(3,247	)		53,112		2,721,333		343,603		105,450		—
Transamerica International Focus		1,981,881		39,694		(142,000	)		(35,078	)		443,585		2,288,082		269,186		39,694		—
Transamerica International Stock		2,059,805		58,624		(308,500	)		(46,756	)		535,592		2,298,765		210,125		58,624		—
Transamerica Large Cap Value		4,007,270		258,229		(480,000	)		(63,476	)		170,634		3,892,657		293,785		40,411		217,818
Transamerica Large Growth		3,226,319		41,205		(3,223,481	)		(3,019,948	)		2,975,905		—		—		—		41,205
Transamerica Mid Cap Growth		1,182,990		64,000		—			—			283,434		1,530,424		177,543		—		—
Transamerica Mid Cap Value Opportunities		1,475,276		96,792		(208,000	)		(76,315	)		100,017		1,387,770		122,594		16,868		79,924
Transamerica Small Cap Growth		848,625		80,838		—			—			94,995		1,024,458		149,994		—		32,838
Transamerica Small Cap Value		1,062,759		182,684		(164,000	)		(210,534	)		78,466		949,375		162,843		23,695		158,989
Transamerica US Growth		—		2,295,000		(370,000	)		53,019			489,572		2,467,591		93,968		—		—

Total	$	25,813,433	$	5,845,422	$	(5,436,200	)	$	(3,419,984	)	$	6,162,746	$	28,965,417		3,104,814	$	541,649	$	530,774


(B)		Rate disclosed reflects the yield at July 31, 2023.
(C)		There were no transfers in or out of Level 3 during the period ended July 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	$	27,909,782	$	—	$	—	$	27,909,782
Investment Companies		28,965,417		—		—		28,965,417
Repurchase Agreement		—		696,229		—		696,229

Total Investments	$	56,875,199	$	696,229	$	—	$	57,571,428


(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