NPORT-EX 2 NPORT_I4CJ_13052781_0723.htm FOR VALIDATION PURPOSES ONLY - [604880.I4CJ]

Transamerica Intermediate Muni

 

SCHEDULE OF INVESTMENTS

At July 31, 2023

(unaudited)

 

     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS - 96.4%  
Alabama - 2.9%  

Alabama State University, Revenue Bonds,

      

BAM,

      

5.00%, 09/01/2038 - 09/01/2039

      $  5,045,000        $  5,426,939  

Black Belt Energy Gas District, Revenue Bonds,

      

Fixed until 12/01/2031,
4.00% (A), 06/01/2051

      10,000,000        9,838,147  

County of Jefferson Sewer Revenue, Revenue Bonds,

      

Series A, AGM,

      

5.50%, 10/01/2053

      1,970,000        2,008,005  

Jacksonville Public Educational Building Authority, Revenue Bonds,

      

Series A, AGM,

      

5.25%, 08/01/2053

      1,200,000        1,301,719  

5.50%, 08/01/2058

      1,490,000        1,634,250  

Muscle Shoals Sheffield & Tuscumbia Solid Waste Disposal Authority, Revenue Bonds,

      

Series A,

      

6.00%, 05/01/2040 (B)

      2,850,000        2,137,500  

Southeast Energy Authority Cooperative District, Revenue Bonds,

      

Series B,

      

Fixed until 12/01/2031,
4.00% (A), 12/01/2051

      16,200,000        15,771,290  
     

 

 

  
        38,117,850  
     

 

 

  
Arizona - 1.7%  

Arizona Industrial Development Authority, Revenue Bonds,

      

Series A, BAM,

      

5.00%, 06/01/2049 - 06/01/2058

      17,220,000        17,982,547  

Series B,

      

4.00%, 07/01/2041

      135,000        121,783  

County of Pima, Certificate of Participation,

      

5.00%, 12/01/2026

      35,000        35,179  

County of Pinal, Revenue Bonds,

      

4.00%, 08/01/2036

      490,000        500,245  

Industrial Development Authority of the City of Phoenix, Revenue Bonds,

      

5.00%, 07/01/2036

      1,265,000        1,272,783  

La Paz County Industrial Development Authority, Revenue Bonds,

      

4.90%, 06/15/2028 (B)

      345,000        332,250  

Maricopa County School District No. 83, General Obligation Unlimited,

      

Series C, AGM,

      

5.00%, 07/01/2041

      845,000        930,974  

Tempe Industrial Development Authority, Revenue Bonds,

      

Series A,

      

4.00%, 12/01/2023 - 12/01/2026

      425,000        417,026  
     

 

 

  
        21,592,787  
     

 

 

  
     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Arkansas - 1.0%  

County of Pulaski, Revenue Bonds,

      

5.25%, 03/01/2053

      $   5,140,000        $   5,557,528  

Little Rock School District, General Obligation Limited,

      

3.00%, 02/01/2026 - 02/01/2028

      7,515,000        7,322,303  
     

 

 

  
        12,879,831  
     

 

 

  
California - 10.4%  

Adelanto Elementary School District Community Facilities District No. 1, Special Tax,

      

BAM,

      

5.00%, 09/01/2036 - 09/01/2039

      2,925,000        3,205,603  

Apple Valley Public Financing Authority, Tax Allocation,

      

Series A, BAM,

      

4.00%, 06/01/2036

      1,095,000        1,129,331  

Beaumont Public Improvement Authority, Revenue Bonds,

      

Series A, AGM,

      

5.00%, 09/01/2043 - 09/01/2049

      6,515,000        6,878,726  

California Health Facilities Financing Authority, Revenue Bonds,

      

Series A-2,

      

4.00%, 11/01/2038

      1,660,000        1,673,790  

California Housing Finance Agency, Revenue Bonds,

      

Series E, FNMA,

      

2.50%, 02/01/2038

      72,694        62,483  

California Municipal Finance Authority, Certificate of Participation,

      

Series A, AGM,

      

5.25%, 11/01/2052

      7,490,000        7,987,973  

California Municipal Finance Authority, Revenue Bonds,

      

4.00%, 10/01/2050

      3,405,000        3,303,637  

4.38%, 07/01/2025 (B)

      270,000        271,273  

5.00%, 01/01/2035 - 01/01/2049

      9,735,000        10,431,147  

BAM,

      

4.00%, 05/15/2036

      1,875,000        1,889,888  

BAM-TCRS,

      

5.00%, 05/15/2039

      1,510,000        1,585,878  

Series A,

      

4.00%, 10/01/2034 - 10/01/2044

      5,630,000        5,397,981  

4.50%, 06/01/2028 (B)

      200,000        195,491  

5.00%, 05/15/2043 - 02/01/2047

      8,030,000        8,302,880  

California Public Finance Authority, Revenue Bonds,

      

Series A,

      

4.25%, 06/15/2029 (B)

      615,000        584,245  

California Statewide Communities Development Authority, Revenue Bonds,

      

Series A,

      

5.00%, 12/01/2025 (B)

      225,000        227,810  

Series A, AGM,

      

5.38%, 08/15/2057

      5,490,000        5,868,397  

California Statewide Communities Development Authority, Special Assessment,

      

4.00%, 09/02/2028

      2,040,000        2,049,864  

5.00%, 09/02/2034

      870,000        926,753  

Carmichael Recreation & Park District, General Obligation Unlimited,

      

Series A-1, AGM,

      

5.00%, 08/01/2052

      1,540,000        1,687,492  
 

 

Transamerica Funds

     Page    1         

Transamerica Intermediate Muni

 

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2023

(unaudited)

 

     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
California (continued)  

Chowchilla Elementary School District, General Obligation Unlimited,

      

5.00%, 08/01/2048

      $   350,000        $   363,827  

City of Azusa, Special Tax,

      

AGM,

      

5.00%, 09/01/2049

      1,305,000        1,386,802  

City of Lemoore Water Revenue, Revenue Bonds,

      

BAM,

      

5.00%, 06/01/2049

      5,030,000        5,349,327  

City of Porterville Sewer Revenue, Certificate of Participation,

      

Series C, AGM,

      

4.00%, 09/15/2049

      1,245,000        1,221,366  

Coachella Redevelopment Successor Agency, Tax Allocation,

      

Series A, AGM,

      

5.00%, 09/01/2030

      185,000        197,008  

Coalinga-Huron Joint Unified School District, General Obligation Unlimited,

      

Series A,

      

5.25%, 08/01/2058

      2,970,000        3,260,508  

Compton Unified School District, General Obligation Unlimited,

      

Series B, BAM,

      

4.00%, 06/01/2049

      2,970,000        2,911,791  

County of El Dorado, Special Tax,

      

5.00%, 09/01/2029

      940,000        996,356  

BAM,

      

3.00%, 09/01/2025 - 09/01/2026

      260,000        259,783  

Coyote Canyon Public Facilities Community Facilities District No. 2004-1, Special Tax,

      

Series A, AGM,

      

4.00%, 09/01/2029

      60,000        61,663  

Department of Veterans Affairs Veteran’s Farm & Home Purchase Program, Revenue Bonds,

      

Series B,

      

3.00%, 12/01/2031

      140,000        138,919  

3.25%, 12/01/2036

      2,525,000        2,491,615  

Etiwanda School District, Special Tax,

      

Series 2,

      

3.50%, 09/01/2023

      75,000        74,907  

Foothill-Eastern Transportation Corridor Agency, Revenue Bonds,

      

Series A, AGM,

      

5.00%, 01/15/2042

      70,000        70,334  

Fresno Unified School District, General Obligation Unlimited,

      

Series B,

      

4.00%, 08/01/2055

      1,410,000        1,384,894  

Golden State Tobacco Securitization Corp., Revenue Bonds,

      

Series B-2,

      

Zero Coupon, 06/01/2066

      35,000,000        3,755,850  

Hercules Redevelopment Successor Agency, Tax Allocation,

      

Series A, AGM,

      

5.00%, 08/01/2042

      280,000        305,201  

Imperial Community College District, General Obligation Unlimited,

      

Series A, AGM,

      

5.00%, 08/01/2048

      1,500,000        1,651,479  

5.25%, 08/01/2053

      1,000,000        1,120,519  
     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
California (continued)  

Inglewood Unified School District, General Obligation Unlimited,

      

Series A, AGM,

      

4.00%, 08/01/2051

      $   2,310,000        $   2,290,018  

Konocti Unified School District, General Obligation Unlimited,

      

AGM,

      

5.00%, 08/01/2042

      55,000        57,633  

Lee Lake Water District Financing Corp., Special Tax,

      

4.00%, 09/01/2025

      195,000        194,654  

Los Angeles Department of Water & Power, Revenue Bonds,

      

Series B,

      

5.00%, 07/01/2043

      5,000,000        5,022,265  

Series D,

      

5.00%, 07/01/2030 - 07/01/2031

      4,500,000        4,574,179  

Los Angeles Unified School District, General Obligation Unlimited,

      

Series A,

      

3.00%, 01/01/2034

      1,000,000        955,208  

Lynwood Unified School District, General Obligation Unlimited,

      

Series B, BAM,

      

4.00%, 08/01/2045

      1,520,000        1,508,545  

Madera County Public Financing Authority, Revenue Bonds,

      

BAM,

      

4.00%, 10/01/2050

      7,445,000        7,324,740  

Menifee Union School District Public Financing Authority, Special Tax,

      

Series A,

      

5.00%, 09/01/2023

      225,000        225,136  

Series A, BAM,

      

5.00%, 09/01/2030 - 09/01/2032

      590,000        615,324  

Merced City School District, General Obligation Unlimited,

      

AGM,

      

5.25%, 08/01/2049

      2,570,000        2,831,787  

Mountain House Public Financing Authority, Revenue Bonds,

      

4.00%, 10/01/2046 - 10/01/2051

      3,825,000        3,739,196  

Palomar Health, Certificate of Participation,

      

AGM-CR,

      

4.00%, 11/01/2047

      540,000        540,295  

Red Bluff Union Elementary School District, Certificate of Participation,

      

AGM,

      

4.00%, 11/01/2040 (C)

      320,000        316,003  

Rio Elementary School District Community Facilities District, Special Tax,

      

BAM,

      

5.00%, 09/01/2029 - 09/01/2032

      505,000        537,331  

River Islands Public Financing Authority, Special Tax,

      

Series A-1, AGM,

      

5.25%, 09/01/2052

      1,140,000        1,253,044  

San Diego Unified School District, General Obligation Unlimited,

      

Series K-2,

      

Zero Coupon, 07/01/2030

      50,000        38,748  
 

 

Transamerica Funds

     Page    2         

Transamerica Intermediate Muni

 

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2023

(unaudited)

 

     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
California (continued)  

San Joaquin Area Flood Control Agency Levee Construction & Maintenance Assessment District, Special Assessment,

      

Series A, AGM,

      

4.00%, 10/01/2043 (C)

      $  100,000        $  100,080  

4.13%, 10/01/2053 (C)

      450,000        449,562  

San Ysidro School District, General Obligation Unlimited,

      

Series B, AGM,

      

5.00%, 08/01/2037 (C)

      115,000        129,742  

Sanger Unified School District, Certificate of Participation,

      

AGM,

      

5.00%, 06/01/2052

      2,200,000        2,200,234  

Stockton Public Financing Authority, Special Tax,

      

Series A, BAM,

      

4.00%, 09/02/2030

      685,000        703,767  

Sweetwater Union High School District, General Obligation Unlimited,

      

BAM-TCRS,

      

4.00%, 08/01/2047

      6,820,000        6,681,061  

Tulare Local Health Care District, General Obligation Unlimited,

      

BAM,

      

4.00%, 08/01/2039

      975,000        987,078  
     

 

 

  
        133,938,421  
     

 

 

  
Colorado - 2.2%  

Auraria Higher Education Center, Revenue Bonds,

      

AGM,

      

4.00%, 04/01/2029

      3,500,000        3,541,825  

BNC Metropolitan District No. 1, General Obligation Limited,

      

Series A, BAM,

      

5.00%, 12/01/2032

      360,000        384,802  

Bradburn Metropolitan District No. 2, General Obligation Limited,

      

Series A,

      

4.00%, 12/01/2028 (D)

      294,000        281,569  

Brighton Crossing Metropolitan District No. 6, General Obligation Limited,

      

Series A,

      

5.00%, 12/01/2050

      2,005,000        1,727,491  

Bromley Park Metropolitan District No. 2, General Obligation Limited,

      

Series A, BAM,

      

5.00%, 12/01/2031

      285,000        312,057  

Colorado Educational & Cultural Facilities Authority, Revenue Bonds,

      

5.00%, 06/15/2029

      700,000        728,822  

Colorado Health Facilities Authority, Revenue Bonds,

      

Series A,

      

5.00%, 12/01/2033

      100,000        100,345  

Series B,

      

4.00%, 01/01/2040

      3,095,000        3,085,990  

Denver City & County Housing Authority, Revenue Bonds,

      

Series A,

      

4.50%, 07/01/2041

      1,650,000        1,656,234  

5.00%, 07/01/2027

      4,040,000        4,224,677  

Erie Commons Metropolitan District No. 2, General Obligation Limited,

      

Series A, AGM,

      

4.00%, 12/01/2039

      970,000        966,200  
     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Colorado (continued)  

Heather Gardens Metropolitan District, General Obligation Unlimited,

      

AGM,

      

4.00%, 12/01/2027 - 12/01/2030

      $   455,000        $   475,923  

Highpointe Vista Metropolitan District No. 2, General Obligation Limited,

      

BAM,

      

4.00%, 12/01/2046

      525,000        527,212  

Northglenn Urban Renewal Authority, Tax Allocation,

      

4.00%, 12/01/2026 - 12/01/2038

      1,310,000        1,259,417  

Park Creek Metropolitan District, Revenue Bonds,

      

Series A,

      

5.00%, 12/01/2032

      150,000        153,710  

Series A, AGM,

      

4.00%, 12/01/2046

      875,000        848,082  

Series A, NATL-IBC,

      

5.00%, 12/01/2045

      1,220,000        1,230,933  

Rampart Range Metropolitan District No. 5, Revenue Bonds,

      

4.00%, 12/01/2051

      4,000,000        2,861,081  

Sand Creek Metropolitan District, General Obligation Limited,

      

AGM,

      

4.00%, 12/01/2032

      475,000        500,670  

Silver Peaks Metropolitan District No. 2, General Obligation Limited,

      

BAM,

      

5.00%, 12/01/2037 - 12/01/2042

      1,120,000        1,165,344  

Transport Metropolitan District No. 3, General Obligation Limited,

      

Series A-2,

      

Zero Coupon, 12/01/2051 (E)

      1,000,000        755,230  

Vauxmont Metropolitan District, General Obligation Limited,

      

AGM,

      

5.00%, 12/01/2050

      1,185,000        1,254,425  

Wyndham Hill Metropolitan District No. 2, General Obligation Limited,

      

Series A, BAM,

      

4.00%, 12/01/2034

      540,000        557,210  
     

 

 

  
        28,599,249  
     

 

 

  
Connecticut - 1.9%  

City of New Haven, General Obligation Unlimited,

      

Series A,

      

5.50%, 08/01/2035 - 08/01/2037

      435,000        468,415  

Series A, BAM-TCRS,

      

5.00%, 08/01/2037

      85,000        89,681  

Series B, BAM,

      

5.00%, 08/15/2025

      40,000        41,196  

Connecticut State Health & Educational Facilities Authority, Revenue Bonds,

      

5.00%, 12/01/2045

      13,245,000        13,491,667  

Series A, AGM-CR,

      

2.13%, 07/01/2031

      7,790,000        6,903,056  

Series E,

      

5.25%, 07/15/2048

      280,000        301,204  

Town of Hamden, General Obligation Unlimited,

      

AGM,

      

5.00%, 08/15/2031 - 08/15/2036

      3,385,000        3,830,625  
     

 

 

  
        25,125,844  
     

 

 

  
 

 

Transamerica Funds

     Page    3         

Transamerica Intermediate Muni

 

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2023

(unaudited)

 

     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Delaware - 0.1%  

Delaware Municipal Electric Corp., Revenue Bonds,

      

Series A, BAM,

      

5.00%, 10/01/2035 - 10/01/2038

      $   1,375,000        $   1,527,526  
     

 

 

  
District of Columbia - 0.5%  

District of Columbia, Revenue Bonds,

      

5.00%, 07/01/2052

      540,000        532,062  

Series A,

      

4.13%, 07/01/2027

      640,000        615,236  

5.00%, 07/01/2032

      1,500,000        1,454,825  

District of Columbia Housing Finance Agency, Revenue Bonds,

      

Series A,

      

3.70%, 09/01/2033

      1,205,000        1,202,108  

Metropolitan Washington Airports Authority Dulles Toll Road Revenue, Revenue Bonds,

      

Series B, AGM-CR,

      

6.50% (E), 10/01/2044

      1,150,000        1,330,451  

Washington Metropolitan Area Transit Authority Dedicated Revenue, Revenue Bonds,

      

Series A,

      

5.50%, 07/15/2051

      1,315,000        1,496,237  
     

 

 

  
        6,630,919  
     

 

 

  
Florida - 2.7%  

City of Fort Myers, Revenue Bonds,

      

4.00%, 12/01/2032

      70,000        71,357  

City of Miami Parking System Revenue, Revenue Bonds,

      

BAM,

      

5.00%, 10/01/2029

      350,000        394,212  

City of Orlando Tourist Development Tax Revenue, Revenue Bonds,

      

Series A, AGM,

      

5.00%, 11/01/2027

      220,000        235,087  

Series B, AGM,

      

5.00%, 11/01/2033 - 11/01/2038

      6,695,000        7,051,291  

City of Tampa, Revenue Bonds,

      

Series B,

      

4.00%, 07/01/2045

      395,000        365,228  

County of Miami-Dade, Revenue Bonds,

      

Series A, AGC,

      

6.88% (E), 10/01/2034

      975,000        1,193,621  

County of Pasco, Revenue Bonds,

      

AGM,

      

5.00%, 09/01/2048

      1,085,000        1,160,117  

5.75%, 09/01/2054

      1,585,000        1,786,356  

Florida Development Finance Corp., Revenue Bonds,

      

Series A,

      

5.00%, 06/15/2035 - 06/15/2040

      1,495,000        1,511,591  

Florida State Board of Governors, Revenue Bonds,

      

Series A, AGM,

      

5.00%, 11/01/2028

      135,000        147,907  

Series A, BAM,

      

5.00%, 07/01/2035 - 07/01/2037

      6,665,000        7,419,033  

Hillsborough County Industrial Development Authority, Revenue Bonds,

      

4.00%, 08/01/2055

      5,865,000        5,162,280  
     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Florida (continued)  

Miami-Dade County Industrial Development Authority, Revenue Bonds,

      

Series A,

      

5.00%, 06/01/2047 (B)

      $   1,875,000        $   1,560,069  

North Sumter County Utility Dependent District, Revenue Bonds, BAM,

      

5.00%, 10/01/2036 - 10/01/2037

      500,000        549,265  

St. Johns County Industrial Development Authority, Revenue Bonds,

      

4.00%, 12/15/2023 - 12/15/2024

      255,000        252,398  

Volusia County School Board, Certificate of Participation, Series A, BAM,

      

5.00%, 08/01/2028

      225,000        234,427  

Wildwood Utility Dependent District, Revenue Bonds, AGM,

      

5.50%, 10/01/2048 - 10/01/2053

      5,450,000        6,058,469  
     

 

 

  
        35,152,708  
     

 

 

  
Georgia - 4.8%  

Albany-Dougherty County Hospital Authority, Revenue Bonds,

      

Series A,

      

5.00%, 09/01/2031 - 09/01/2033

      22,220,000        24,966,793  

Cobb County Kennestone Hospital Authority Revenue, Revenue Bonds,

      

5.00%, 04/01/2050

      5,255,000        5,415,450  

Cornelia Urban Redevelopment Agency, Revenue Bonds, AGM,

      

5.00%, 10/01/2054

      740,000        781,671  

Development Authority for Fulton County, Revenue Bonds,

      

4.00%, 07/01/2049 - 04/01/2050

      6,585,000        6,174,939  

Development Authority of Lagrange, Revenue Bonds,

      

4.50%, 10/15/2031

      1,810,000        1,718,017  

Gainesville & Hall County Hospital Authority, Revenue Bonds,

      

Series A, BAM-TCRS,

      

4.00%, 02/15/2051

      2,215,000        2,083,819  

Georgia Housing & Finance Authority, Revenue Bonds,

      

Series A-1,

      

3.25%, 12/01/2037

      1,320,000        1,214,655  

3.80%, 12/01/2040

      1,690,000        1,655,394  

Municipal Electric Authority of Georgia, Revenue Bonds,

      

AGM,

      

5.00%, 01/01/2062

      17,890,000        18,523,553  
     

 

 

  
        62,534,291  
     

 

 

  
Idaho - 0.4%  

County of Nez Perce, Revenue Bonds,

      

2.75%, 10/01/2024

      4,300,000        4,253,761  

Idaho Housing & Finance Association, Revenue Bonds,

      

Series A,

      

4.63%, 07/01/2029 (B)

      155,000        155,950  

Series A, GNMA,

      

4.60%, 01/01/2043

      95,000        96,157  
     

 

 

  
        4,505,868  
     

 

 

  
 

 

Transamerica Funds

     Page    4         

Transamerica Intermediate Muni

 

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2023

(unaudited)

 

     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Illinois - 16.1%  

Adams County School District No. 172, General Obligation Unlimited,

      

AGM,

      

3.00%, 02/01/2033

      $   335,000        $   326,836  

4.00%, 02/01/2034

      450,000        454,730  

5.00%, 02/01/2029

      1,320,000        1,371,121  

Berwyn Municipal Securitization Corp., Revenue Bonds,

      

Series A, AGM- CR,

      

5.00%, 01/01/2035

      8,230,000        9,108,154  

Carol Stream Park District, General Obligation Unlimited,

      

BAM,

      

5.00%, 01/01/2037

      1,050,000        1,085,049  

City of Chicago Waterworks Revenue, Revenue Bonds,

      

5.00%, 11/01/2028

      500,000        508,954  

Series A,

      

5.50%, 11/01/2062

      30,890,000        34,359,228  

City of Country Club Hills, General Obligation Unlimited,

      

BAM,

      

4.00%, 12/01/2028 - 12/01/2031

      1,340,000        1,384,722  

4.50%, 12/01/2030 - 12/01/2031

      1,295,000        1,301,092  

City of East Moline, General Obligation Unlimited,

      

Series A, AGM,

      

4.00%, 01/15/2036

      840,000        854,277  

City of Peoria, General Obligation Unlimited,

      

Series B, BAM-TCRS,

      

5.00%, 01/01/2026

      140,000        145,265  

City of Waukegan, General Obligation Unlimited,

      

Series A, AGM,

      

5.00%, 12/30/2035

      1,345,000        1,413,965  

Series B, AGM,

      

5.00%, 12/30/2030 - 12/30/2031

      1,560,000        1,654,138  

Cook & Will Counties Community College District No. 515, General Obligation Limited,

      

5.00%, 12/01/2024

      45,000        45,875  

Cook & Will Counties School District No. 194, General Obligation Limited,

      

Series B, BAM,

      

5.00%, 12/01/2033

      655,000        668,505  

Cook & Will Counties School District No. 194, General Obligation Unlimited,

      

BAM,

      

4.13%, 12/01/2035

      680,000        687,789  

Cook County Community College District No. 508, General Obligation Unlimited,

      

5.00%, 12/01/2024

      1,050,000        1,053,184  

BAM-TCRS,

      

5.25%, 12/01/2027 - 12/01/2043

      3,050,000        3,070,113  

Cook County High School District No. 209 Proviso Township, General Obligation Limited,

      

Series B, AGM,

      

5.00%, 12/01/2032

      1,500,000        1,672,564  

Cook County School District No. 111, General Obligation Limited,

      

Series A, BAM,

      

5.00%, 12/01/2037

      2,350,000        2,501,473  
     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Illinois (continued)  

Cook County School District No. 111, General Obligation Unlimited,

      

AGM,

      

4.00%, 12/01/2034

      $   1,000,000        $   1,020,237  

Cook County School District No. 149, General Obligation Limited,

      

Series A-1, AGM,

      

4.00%, 12/01/2028

      980,000        993,420  

Cook County School District No. 160, General Obligation Unlimited,

      

Series A, BAM,

      

4.00%, 12/01/2026 - 12/01/2027

      175,000        180,751  

Cook County School District No. 94, General Obligation Unlimited, BAM,

      

4.00%, 12/01/2037 - 12/01/2040

      1,230,000        1,242,267  

County of Cook Sales Tax Revenue, Revenue Bonds,

      

4.00%, 11/15/2039

      2,890,000        2,862,756  

County of Logan, General Obligation Unlimited,

      

Series B, BAM,

      

3.25%, 11/01/2037

      50,000        47,525  

Henry & Whiteside Counties Community Unit School District No. 228, General Obligation Unlimited,

      

Series A, AGM,

      

5.00%, 08/15/2028

      150,000        155,293  

Illinois Finance Authority, Revenue Bonds,

      

4.00%, 08/01/2032 - 10/15/2037

      8,110,000        6,759,210  

5.00%, 08/01/2026 - 04/01/2034

      3,085,000        3,225,217  

AGM,

      

4.00%, 12/01/2023

      140,000        140,222  

5.00%, 12/01/2036

      1,750,000        1,803,531  

Series A,

      

4.00%, 11/01/2023 - 05/01/2050

      1,980,000        1,680,969  

5.00%, 11/01/2025 - 11/01/2029

      4,760,000        4,851,180  

Illinois Housing Development Authority, Revenue Bonds,

      

FNMA,

      

2.63%, 09/01/2032

      1,390,048        1,283,280  

Illinois State Toll Highway Authority, Revenue Bonds,

      

Series A,

      

5.00%, 01/01/2044

      1,325,000        1,397,707  

Kane Cook & DuPage Counties School District No. U-46, General Obligation Limited,

      

Series A,

      

5.00%, 01/01/2033

      135,000        135,418  

Knox & Warren Counties Community Unit School District No. 205, General Obligation Unlimited,

      

Series A, BAM,

      

4.00%, 12/01/2039

      1,300,000        1,291,830  

Series B,

      

3.50%, 01/01/2027

      110,000        110,097  

Macon County School District No. 61, General Obligation Unlimited,

      

Series C, AGM,

      

4.00%, 01/01/2040 - 01/01/2045

      3,080,000        3,042,685  

Macoupin Sangamon & Montgomery Counties Community Unit School District No. 34, General Obligation Unlimited,

      

BAM,

      

4.50%, 12/01/2036 - 12/01/2041

      1,625,000        1,626,943  
 

 

Transamerica Funds

     Page    5         

Transamerica Intermediate Muni

 

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2023

(unaudited)

 

     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Illinois (continued)  

Madison & Jersey Counties Unit School District No. 11, General Obligation Unlimited,

      

BAM,

      

5.00%, 12/01/2030

      $   3,235,000        $   3,564,290  

Series B, BAM,

      

3.50%, 03/01/2029

      1,700,000        1,713,084  

Madison-Macoupin Etc. Counties Community College District No. 536, General Obligation Unlimited,

      

Series A, AGM,

      

5.00%, 11/01/2031 - 11/01/2032

      2,830,000        2,982,338  

Series A, BAM-TCRS,

      

5.00%, 11/01/2026

      110,000        112,493  

McHenry County Community Unit School District No. 12, General Obligation Unlimited,

      

BAM,

      

5.00%, 01/01/2035

      2,285,000        2,331,255  

McLean County Public Building Commission, Revenue Bonds,

      

4.00%, 12/01/2034

      1,245,000        1,253,652  

Northeastern Illinois University, Certificate of Participation,

      

AGM,

      

4.00%, 07/01/2025

      145,000        143,712  

Northern Illinois University, Certificate of Participation,

      

AGM,

      

5.00%, 09/01/2024

      105,000        106,440  

Northern Illinois University, Revenue Bonds,

      

Series B, BAM,

      

4.00%, 04/01/2036 - 04/01/2041

      2,685,000        2,593,491  

5.00%, 04/01/2027

      355,000        371,009  

Pulaski Massac Alexander & Johnson Counties Community Unit School District No. 10, General Obligation Unlimited,

      

Series C, AGM,

      

4.00%, 12/01/2026 - 12/01/2029

      625,000        625,891  

Rock Island County Public Building Commission, Revenue Bonds,

      

AGM,

      

5.00%, 12/01/2025 - 12/01/2041

      985,000        1,039,278  

Sangamon County Water Reclamation District, General Obligation Unlimited,

      

Series A, BAM-TCRS,

      

4.00%, 01/01/2044

      14,135,000        13,905,385  

Southern Illinois University, Certificate of Participation,

      

Series A-1, BAM,

      

4.00%, 02/15/2026

      455,000        455,534  

Southwestern Illinois Development Authority, Revenue Bonds,

      

Series B, BAM-TCRS,

      

5.00%, 10/15/2026

      1,000,000        1,035,828  

State of Illinois, General Obligation Unlimited,

      

5.00%, 11/01/2035

      3,740,000        3,831,566  

5.50%, 05/01/2039

      5,870,000        6,415,547  

BAM-TCRS,

      

4.00%, 06/01/2041

      11,450,000        11,083,476  

Series A,

      

4.00%, 01/01/2030

      225,000        225,021  

Series B,

      

4.00%, 12/01/2039

      595,000        583,079  

5.00%, 12/01/2032 - 10/01/2033

      19,315,000        21,362,250  
     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Illinois (continued)  

Village of Bedford Park Water System Revenue, Revenue Bonds,

      

Series A, AGM,

      

4.00%, 12/01/2026

      $   95,000        $   96,154  

Village of Bellwood, General Obligation Unlimited,

      

Series B, AGM,

      

3.00%, 12/01/2029

      1,000,000        991,640  

Village of Calumet Park, General Obligation Unlimited,

      

BAM,

      

4.00%, 12/01/2025 - 12/01/2032

      1,590,000        1,630,753  

Village of Crestwood, General Obligation Unlimited,

      

BAM,

      

4.50%, 12/15/2027 - 12/15/2029

      2,395,000        2,397,894  

Series B, BAM,

      

5.00%, 12/15/2028 - 12/15/2035

      7,305,000        7,329,294  

Village of Dolton, General Obligation Unlimited,

      

Series A, AGC,

      

4.50%, 12/01/2024

      300,000        300,206  

Village of Lombard, General Obligation Unlimited,

      

5.00%, 01/01/2024

      250,000        251,381  

Village of Lyons, General Obligation Unlimited,

      

Series B, BAM,

      

4.00%, 12/01/2036 - 12/01/2037

      2,055,000        2,119,147  

5.00%, 12/01/2032

      125,000        125,129  

Series C, BAM,

      

4.00%, 12/01/2023

      235,000        235,037  

Village of Matteson, Revenue Bonds,

      

BAM,

      

5.00%, 12/01/2024 - 12/01/2035

      3,610,000        3,884,504  

Village of Montgomery, Special Assessment,

      

BAM,

      

2.85%, 03/01/2024

      130,000        129,126  

3.00%, 03/01/2025

      125,000        123,591  

3.10%, 03/01/2026

      183,000        182,066  

3.30%, 03/01/2028

      175,000        175,571  

3.40%, 03/01/2029

      630,000        634,716  

3.45%, 03/01/2030

      119,000        119,996  

Village of Mundelein, General Obligation Unlimited,

      

AGM,

      

4.00%, 12/15/2039

      720,000        703,404  

Village of Rosemont, General Obligation Unlimited,

      

Series A, BAM,

      

5.00%, 12/01/2042

      11,270,000        12,296,455  

Western Illinois Economic Development Authority, Revenue Bonds,

      

4.00%, 06/01/2024 - 06/01/2033

      1,450,000        1,367,043  

Western Illinois University, Revenue Bonds,

      

BAM,

      

5.00%, 04/01/2024

      145,000        146,164  
     

 

 

  
        208,491,462  
     

 

 

  
 

 

Transamerica Funds

     Page    6         

Transamerica Intermediate Muni

 

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2023

(unaudited)

 

     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Indiana - 1.2%  

Bloomington Redevelopment District, Tax Allocation,

      

Series A-1,

      

5.00%, 02/01/2026 - 02/01/2040

      $  1,120,000        $  1,182,535  

Series B,

      

5.25%, 08/01/2036

      2,000,000        2,178,858  

Indiana Finance Authority, Revenue Bonds,

      

5.00%, 10/01/2035

      1,775,000        1,861,801  

AGM,

      

5.00%, 01/01/2052

      2,415,000        2,549,361  

Series A,

      

3.00%, 11/01/2030

      3,470,000        3,180,362  

Series B,

      

3.00%, 11/01/2030

      625,000        572,832  

Series B,

      

2.50%, 11/01/2030

      2,500,000        2,214,366  

Indiana Health Facility Financing Authority, Revenue Bonds,

      

5.00%, 11/15/2034

      1,725,000        1,785,392  
     

 

 

  
        15,525,507  
     

 

 

  
Iowa - 0.7%  

City of Dubuque, General Obligation Unlimited,

      

Series A,

      

2.00%, 06/01/2025

      1,030,000        992,441  

Iowa Finance Authority, Revenue Bonds,

      

5.00%, 05/15/2041 - 05/15/2047

      7,790,000        6,064,428  

Series A,

      

4.00%, 05/15/2053

      2,500,000        1,497,093  
     

 

 

  
        8,553,962  
     

 

 

  
Kansas - 0.2%  

Cowley County Unified School District No. 465, General Obligation Unlimited,

      

5.00%, 09/01/2048 (C)

      830,000        892,364  

Marais Des Cygnes Public Utility Authority, Revenue Bonds,

      

AGM,

      

3.00%, 12/01/2026 - 12/01/2027

      195,000        193,961  

Pratt County Unified School District No. 382, General Obligation Unlimited,

      

BAM,

      

5.00%, 09/01/2048 (C)

      1,000,000        1,080,595  
     

 

 

  
        2,166,920  
     

 

 

  
Kentucky - 3.6%  

City of Owensboro, General Obligation Unlimited,

      

Series A, AGM,

      

4.00%, 02/01/2040 - 02/01/2043

      5,225,000        5,273,228  

County of Hardin, Revenue Bonds,

      

AGM,

      

5.75%, 08/01/2033 - 08/01/2045

      105,000        105,000  

County of Knox, General Obligation Unlimited,

      

BAM,

      

5.00%, 10/01/2035

      495,000        538,883  

Kentucky Bond Development Corp., Revenue Bonds,

      

BAM,

      

5.00%, 09/01/2049

      16,590,000        17,504,769  

Kentucky Economic Development Finance Authority, Revenue Bonds,

      

Series A, AGM,

      

5.00%, 12/01/2045

      12,435,000        12,724,542  
     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Kentucky (continued)  

Kentucky Municipal Power Agency, Revenue Bonds,

      

NATL,

      

5.00%, 09/01/2032

      $   1,000,000        $   1,034,923  

Series A,

      

Fixed until 03/01/2026,
3.45% (A), 09/01/2042

      2,200,000        2,161,905  

Kentucky State Property & Building Commission, Revenue Bonds,

      

BAM-TCRS,

      

5.00%, 04/01/2029

      2,900,000        3,086,157  

Kentucky State University, Certificate of Participation,

      

BAM,

      

4.00%, 11/01/2041 - 11/01/2046

      1,610,000        1,591,113  

Louisville & Jefferson County Visitors & Convention Commission, Revenue Bonds,

      

AGM-CR,

      

4.00%, 06/01/2028

      2,800,000        2,851,938  

Morehead State University, Revenue Bonds,

      

Series A,

      

4.00%, 04/01/2032

      170,000        172,416  
     

 

 

  
        47,044,874  
     

 

 

  
Louisiana - 2.2%  

Louisiana Local Government Environmental Facilities & Community Development Authority, Revenue Bonds,

      

AGM,

      

5.00%, 08/01/2027 - 08/01/2029

      7,940,000        8,461,904  

BAM,

      

5.00%, 10/01/2028

      385,000        420,019  

Louisiana Public Facilities Authority, Revenue Bonds,

      

5.00%, 07/01/2022 (F) (G)

      300,000        255,000  

5.00%, 07/01/2025 - 07/01/2027

      1,960,000        1,666,000  

New Orleans Aviation Board, Revenue Bonds,

      

AGM,

      

5.00%, 01/01/2035 - 10/01/2048

      4,125,000        4,315,165  

Parish of St. John the Baptist, Revenue Bonds,

      

Fixed until 07/01/2024,
2.10% (A), 06/01/2037

      1,195,000        1,172,815  

Fixed until 07/01/2026,
2.20% (A), 06/01/2037

      4,180,000        3,943,013  

Series B-2,

      

Fixed until 07/01/2026,
2.38% (A), 06/01/2037

      7,975,000        7,560,691  
     

 

 

  
        27,794,607  
     

 

 

  
Maine - 0.1%  

Maine State Housing Authority, Revenue Bonds,

      

Series B,

      

3.15%, 11/15/2039

      345,000        300,468  

Series C,

      

2.75%, 11/15/2031

      665,000        622,294  
     

 

 

  
        922,762  
     

 

 

  
Maryland - 3.0%  

City of Baltimore, Revenue Bonds,

      

Series C,

      

5.00%, 07/01/2043

      450,000        453,116  

City of Rockville, Revenue Bonds,

      

Series A-1,

      

5.00%, 11/01/2023

      100,000        99,898  
 

 

Transamerica Funds

     Page    7         

Transamerica Intermediate Muni

 

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2023

(unaudited)

 

     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Maryland (continued)  

City of Rockville, Revenue Bonds, (continued)

      

Series A-2,

      

5.00%, 11/01/2023

      $   130,000        $   129,867  

County of Prince George, General Obligation Limited,

      

Series A,

      

3.00%, 07/01/2033 - 07/01/2034

      16,060,000        15,790,764  

Maryland Health & Higher Educational Facilities Authority, Revenue Bonds,

      

5.25%, 07/01/2053

      965,000        1,020,718  

AGM-CR,

      

5.00%, 07/01/2033 - 07/01/2034

      3,065,000        3,493,862  

Series A, BAM-TCRS,

      

4.00%, 05/15/2047

      5,185,000        5,003,503  

Maryland Stadium Authority Built to Learn Revenue, Revenue Bonds,

      

Series A,

      

4.00%, 06/01/2052

      8,320,000        7,899,575  

State of Maryland, General Obligation Unlimited,

      

Series 1,

      

4.00%, 06/01/2030

      2,255,000        2,268,106  

State of Maryland Department of Transportation, Revenue Bonds,

      

5.00%, 10/01/2023

      2,100,000        2,105,515  
     

 

 

  
        38,264,924  
     

 

 

  
Massachusetts - 0.1%  

Lynn Housing Authority & Neighborhood Development, Revenue Bonds,

      

4.25%, 10/01/2028

      315,000        315,354  

4.38%, 10/01/2029

      300,000        300,424  

Massachusetts Development Finance Agency, Revenue Bonds,

      

5.00%, 10/01/2039

      250,000        246,171  
     

 

 

  
        861,949  
     

 

 

  
Michigan - 1.7%  

County of Genesee, General Obligation Limited,

      

AGM,

      

5.00%, 11/01/2036 - 11/01/2037

      1,975,000        2,236,914  

Detroit Wayne County Stadium Authority, Revenue Bonds,

      

AGM,

      

5.00%, 10/01/2026

      2,795,000        2,797,279  

Dryden Community Schools, General Obligation Unlimited,

      

5.00%, 05/01/2036 - 05/01/2037

      1,865,000        2,094,639  

Lake City Area Schools, General Obligation Unlimited,

      

BAM,

      

5.00%, 05/01/2035

      2,365,000        2,461,506  

Michigan Finance Authority, Revenue Bonds,

      

4.00%, 12/01/2036 - 12/01/2046

      4,290,000        4,295,769  

Series C,

      

5.25%, 10/01/2043

      20,000        20,063  

Michigan Strategic Fund, Revenue Bonds,

      

5.00%, 11/15/2049

      2,315,000        2,005,048  

Tri-County Area School District, General Obligation Unlimited,

      

AGM,

      

4.00%, 05/01/2044

      4,570,000        4,562,990  
     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Michigan (continued)  

Wayne County Airport Authority, Revenue Bonds,

      

Series A,

      

5.00%, 12/01/2032

      $   250,000        $   267,326  

Zeeland Public Schools, General Obligation Unlimited,

      

Series B, BAM,

      

5.00%, 05/01/2030

      750,000        818,357  
     

 

 

  
        21,559,891  
     

 

 

  
Minnesota - 2.4%  

City of Deephaven, Revenue Bonds,

      

Series A,

      

4.38%, 10/01/2027

      235,000        226,024  

4.40%, 07/01/2025

      50,000        49,565  

City of Minneapolis, Revenue Bonds,

      

Series A, AGM-CR,

      

5.00%, 11/15/2035 - 11/15/2036

      19,700,000        21,052,194  

City of Red Wing, Revenue Bonds,

      

Series A,

      

5.00%, 08/01/2047

      655,000        524,968  

City of Stillwater, Tax Allocation,

      

3.00%, 02/01/2024 - 02/01/2027

      1,160,000        1,136,392  

Duluth Economic Development Authority, Revenue Bonds,

      

4.00%, 07/01/2041

      930,000        725,745  

Housing & Redevelopment Authority of the City of St. Paul, Revenue Bonds,

      

Series A,

      

5.00%, 12/01/2030

      350,000        352,420  

Series B,

      

4.25%, 04/01/2025 (D)

      80,000        78,961  

Minnesota Housing Finance Agency, Revenue Bonds,

      

Series C,

      

3.45%, 02/01/2025

      1,660,000        1,648,787  

Series D, GNMA, FNMA, FHLMC,

      

1.95%, 01/01/2032

      1,125,000        964,731  

2.00%, 07/01/2032

      535,000        460,339  

Series F, GNMA, FNMA, FHLMC,

      

2.30%, 07/01/2032

      555,000        480,720  

Township of Baytown, Revenue Bonds,

      

Series A,

      

4.00%, 08/01/2036

      645,000        545,356  

Western Minnesota Municipal Power Agency, Revenue Bonds,

      

Series A,

      

5.00%, 01/01/2032 - 01/01/2035

      2,500,000        2,517,312  
     

 

 

  
        30,763,514  
     

 

 

  
Mississippi - 0.2%  

Mississippi Development Bank, Revenue Bonds,

      

AGM,

      

6.88%, 12/01/2040

      3,160,000        3,188,589  
     

 

 

  
Missouri - 0.4%  

Health & Educational Facilities Authority, Revenue Bonds,

      

Series A,

      

5.00%, 02/01/2029

      2,145,000        2,156,757  

Missouri Housing Development Commission, Revenue Bonds,

      

Series B, GNMA, FNMA, FHLMC,

      

2.55%, 11/01/2029

      135,000        128,258  
 

 

Transamerica Funds

     Page    8         

Transamerica Intermediate Muni

 

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2023

(unaudited)

 

     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Missouri (continued)  

Missouri Southern State University, Revenue Bonds,

      

Series A, AGM,

      

4.00%, 10/01/2037

      $   145,000        $   146,227  

St. Louis Municipal Finance Corp., Revenue Bonds,

      

AGM,

      

5.00%, 10/01/2049

      1,340,000        1,388,292  

Series A, AGM,

      

5.00%, 02/15/2030 - 02/15/2033

      1,725,000        1,832,616  
     

 

 

  
        5,652,150  
     

 

 

  
Montana - 0.4%  

City of Forsyth, Revenue Bonds,

      

3.88%, 07/01/2028

      5,235,000        5,245,309  

Montana Facility Finance Authority, Revenue Bonds,

      

5.00%, 07/01/2030

      140,000        150,863  
     

 

 

  
        5,396,172  
     

 

 

  
Nebraska - 0.1%  

Southeast Community College Area, Revenue Bonds,

      

AGM,

      

4.00%, 03/15/2047

      775,000        750,171  
     

 

 

  
Nevada - 0.0% (H)  

Henderson Local Improvement Districts, Special Assessment,

      

2.50%, 09/01/2025

      65,000        62,652  
     

 

 

  
New Hampshire - 0.7%  

New Hampshire Business Finance Authority, Revenue Bonds,

      

Series A, BAM,

      

5.25%, 12/01/2041 - 06/01/2051

      7,895,000        8,528,634  
     

 

 

  
New Jersey - 3.7%  

City of Newark, General Obligation Unlimited,

      

BAM,

      

4.00%, 02/15/2032 - 02/15/2035

      8,615,000        8,918,167  

City of Newark Mass Transit Access Tax Revenue, Revenue Bonds,

      

AGM,

      

5.00%, 11/15/2042

      1,495,000        1,637,979  

5.38%, 11/15/2052

      2,845,000        3,174,419  

6.00%, 11/15/2062

      12,150,000        13,947,026  

City of Paterson, General Obligation Unlimited,

      

BAM,

      

5.00%, 01/15/2024

      775,000        775,885  

Essex County Improvement Authority, Revenue Bonds,

      

Series A,

      

5.00%, 12/01/2035 (F) (G)

      535,000        347,750  

New Jersey Economic Development Authority, Revenue Bonds,

      

5.00%, 11/01/2044 - 11/01/2052

      5,970,000        6,290,007  

Series A,

      

4.25%, 09/01/2027 (B)

      200,000        195,671  

5.00%, 09/01/2037 (B)

      750,000        714,957  

Series A, BAM,

      

3.13%, 07/01/2031

      2,415,000        2,370,793  

5.00%, 07/01/2027

      1,760,000        1,870,990  

Series A, BAM-TCRS,

      

5.00%, 06/15/2027

      2,445,000        2,596,113  
     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
New Jersey (continued)  

New Jersey Economic Development Authority, Revenue Bonds, (continued)

      

Series DDD,

      

5.00%, 06/15/2042

      $   1,850,000        $   1,999,602  

Series DDD, BAM-TCRS,

      

5.00%, 06/15/2027

      250,000        265,451  

Series WW,

      

5.25%, 06/15/2040

      85,000        88,333  

New Jersey Transportation Trust Fund Authority, Revenue Bonds,

      

Series C, AMBAC, BAM-TCRS,

      

Zero Coupon, 12/15/2028

      1,425,000        1,181,029  

Newark Board of Education, General Obligation Unlimited,

      

BAM,

      

5.00%, 07/15/2031

      1,300,000        1,472,877  

Parking Authority of the City of Trenton, Revenue Bonds,

      

Series B, AGM,

      

4.00%, 04/01/2027

      280,000        286,685  
     

 

 

  
        48,133,734  
     

 

 

  
New York - 6.0%  

Brooklyn Arena Local Development Corp., Revenue Bonds,

      

Series A, AGM,

      

4.00%, 07/15/2029 - 07/15/2035

      3,555,000        3,586,083  

Buffalo & Erie County Industrial Land Development Corp., Revenue Bonds,

      

3.88%, 08/01/2027

      2,545,000        2,440,637  

5.00%, 08/01/2037

      1,295,000        1,247,035  

City of Newburgh, General Obligation Limited,

      

AGM,

      

4.00%, 07/01/2041 - 07/01/2042

      315,000        318,803  

East Ramapo Central School District, General Obligation Unlimited,

      

AGM,

      

5.00%, 03/15/2039 - 03/15/2047

      5,615,000        5,981,632  

Jefferson County Civic Facility Development Corp., Revenue Bonds,

      

Series A,

      

4.00%, 11/01/2030

      250,000        237,647  

Lockport City School District, General Obligation Unlimited,

      

2.50%, 08/01/2028

      220,000        218,564  

Metropolitan Transportation Authority, Revenue Bonds,

      

Series D-1, BAM,

      

5.00%, 11/15/2033

      7,635,000        7,921,597  

MTA Hudson Rail Yards Trust Obligations, Revenue Bonds,

      

Series A,

      

5.00%, 11/15/2051

      1,950,000        1,950,019  

New York City Housing Development Corp., Revenue Bonds,

      

Series A,

      

4.30%, 11/01/2038

      1,005,000        1,012,584  

Series A, AGM,

      

4.10%, 07/01/2042

      25,000        25,003  

Series C-1,

      

2.45%, 11/01/2027

      65,000        62,062  

Series G,

      

4.30%, 11/01/2038

      190,000        191,434  

Series I, FNMA,

      

Fixed until 02/01/2026,
2.95% (A), 11/01/2045

      4,225,000        4,146,130  
 

 

Transamerica Funds

     Page    9         

Transamerica Intermediate Muni

 

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2023

(unaudited)

 

     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
New York (continued)  

New York City Industrial Development Agency, Revenue Bonds,

      

AGM,

      

4.00%, 03/01/2032

      $   4,440,000        $   4,608,881  

5.00%, 01/01/2030

      1,205,000        1,334,203  

New York Counties Tobacco Trust VI, Revenue Bonds,

      

Series C,

      

3.75%, 06/01/2045

      180,000        143,357  

New York State Dormitory Authority, Revenue Bonds,

      

Series A, AGM,

      

4.00%, 10/01/2034

      2,600,000        2,730,581  

Series A-1,

      

4.00%, 07/01/2028 - 07/01/2043

      8,560,000        8,386,527  

4.25%, 07/01/2048

      4,425,000        4,287,405  

New York State Housing Finance Agency, Revenue Bonds,

      

Series A,

      

Fixed until 05/01/2027,
3.60% (A), 11/01/2062

      2,055,000        2,048,422  

Fixed until 11/01/2028,
3.65% (A), 11/01/2062

      14,080,000        14,029,228  

Fixed until 11/01/2029,
3.75% (A), 11/01/2062

      1,050,000        1,055,418  

New York State Thruway Authority, Revenue Bonds,

      

Series A,

      

5.25%, 01/01/2056

      375,000        386,773  

Oneida County Local Development Corp., Revenue Bonds,

      

AGM,

      

4.00%, 12/01/2036

      505,000        505,155  

5.00%, 12/01/2026 - 12/01/2029

      4,350,000        4,377,491  

Series A, AGM,

      

4.00%, 12/01/2037

      35,000        34,599  

Port Authority of New York & New Jersey, Revenue Bonds,

      

5.00%, 09/01/2048

      130,000        138,516  

State of New York Mortgage Agency, Revenue Bonds,

      

Series 190,

      

3.45%, 10/01/2030

      110,000        109,821  

Town of Oyster Bay, General Obligation Limited,

      

Series B, AGM,

      

3.00%, 08/15/2030 - 08/15/2034

      3,715,000        3,640,553  
     

 

 

  
        77,156,160  
     

 

 

  
North Carolina - 1.0%  

City of Greensboro Combined Water & Sewer System Revenue, Revenue Bonds,

      

4.00%, 06/01/2028

      1,845,000        1,875,751  

North Carolina Housing Finance Agency, Revenue Bonds,

      

Series 38-B,

      

2.38%, 01/01/2025

      645,000        635,633  

2.45%, 07/01/2025

      365,000        357,812  

Series 51,

      

4.50%, 01/01/2048 (C)

      1,465,000        1,456,837  

North Carolina Medical Care Commission, Revenue Bonds,

      

4.00%, 11/01/2049

      1,670,000        1,617,904  

5.00%, 01/01/2038

      460,000        454,862  
     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
North Carolina (continued)  

North Carolina Medical Care Commission, Revenue Bonds, (continued)

      

Series A,

      

5.00%, 10/01/2045 - 10/01/2050

      $   1,480,000        $   1,441,565  

Series B-1,

      

2.55%, 09/01/2026

      1,550,000        1,435,258  

Series B-2,

      

2.30%, 09/01/2025

      1,250,000        1,186,636  

North Carolina Turnpike Authority, Revenue Bonds,

      

AGM,

      

5.00%, 01/01/2031

      695,000        738,289  

Winston-Salem State University, Revenue Bonds,

      

BAM,

      

5.00%, 06/01/2029 - 06/01/2033

      1,875,000        1,957,045  
     

 

 

  
        13,157,592  
     

 

 

  
North Dakota - 0.3%  

City of Grand Forks, Revenue Bonds,

      

4.00%, 12/01/2051

      4,705,000        3,759,173  

Fargo Public School District No. 1, General Obligation Limited,

      

Series A,

      

3.00%, 08/01/2026

      25,000        24,937  
     

 

 

  
        3,784,110  
     

 

 

  
Ohio - 5.5%  

American Municipal Power, Inc., Revenue Bonds,

      

BAM-TCRS,

      

4.00%, 02/15/2034

      11,240,000        11,612,700  

Beachwood City School District, General Obligation Unlimited,

      

4.13%, 12/01/2060 (C)

      3,250,000        3,138,529  

Brunswick City School District, General Obligation Unlimited,

      

5.50%, 12/01/2060

      4,250,000        4,656,640  

Buckeye Tobacco Settlement Financing Authority, Revenue Bonds,

      

Series B-2, Class 2,

      

5.00%, 06/01/2055

      33,990,000        31,591,054  

Series B-3, Class 2,

      

Zero Coupon, 06/01/2057

      38,000,000        4,847,565  

Cardinal Local School District, Certificate of Participation,

      

5.25%, 04/01/2038

      250,000        241,792  

Columbus Metropolitan Housing Authority, Revenue Bonds,

      

4.00%, 08/01/2036

      1,080,000        1,066,013  

County of Allen Hospital Facilities Revenue, Revenue Bonds,

      

Series A,

      

4.00%, 12/01/2040

      2,180,000        2,138,670  

County of Hamilton, Revenue Bonds,

      

5.00%, 02/01/2024

      50,000        50,117  

County of Scioto, Revenue Bonds,

      

AGM-CR,

      

3.50%, 02/15/2038

      180,000        167,460  

Little Miami Local School District, General Obligation Unlimited,

      

Series B,

      

5.00%, 11/01/2048

      135,000        137,427  

Ohio Air Quality Development Authority, Revenue Bonds,

      

Series B,

      

Fixed until 11/01/2024,
1.38% (A), 02/01/2026

      1,675,000        1,593,163  
 

 

Transamerica Funds

     Page    10         

Transamerica Intermediate Muni

 

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2023

(unaudited)

 

     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Ohio (continued)  

Ohio Air Quality Development Authority, Revenue Bonds, (continued)

      

Series C,

      

Fixed until 11/04/2025,
1.50% (A), 02/01/2026

      $   2,000,000        $   1,830,454  

Ohio Housing Finance Agency, Revenue Bonds,

      

Series D, GNMA, FNMA, FHLMC,

      

3.05%, 09/01/2032

      530,000        504,650  

3.40%, 09/01/2037

      1,465,000        1,395,590  

Pinnacle Community Infrastructure Financing Authority, Revenue Bonds,

      

Series A, AGM,

      

4.00%, 12/01/2031

      1,040,000        1,061,501  

Triway Local School District, Certificate of Participation,

      

BAM,

      

5.00%, 12/01/2047

      3,635,000        3,803,383  

Wayne County Southeast Local School District, Certificate of Participation,

      

BAM,

      

4.00%, 12/01/2033

      745,000        784,579  
     

 

 

  
        70,621,287  
     

 

 

  
Oklahoma - 0.0% (H)  

Oklahoma Housing Finance Agency, Revenue Bonds,

      

Series A, GNMA, FNMA, FHLMC,

      

2.75%, 09/01/2034

      45,000        41,401  
     

 

 

  
Oregon - 0.9%  

City of Boardman, General Obligation Unlimited,

      

BAM,

      

3.00%, 06/15/2039

      395,000        347,369  

Klamath Falls Intercommunity Hospital Authority, Revenue Bonds,

      

3.00%, 09/01/2035

      745,000        671,542  

Medford Hospital Facilities Authority, Revenue Bonds,

      

Series A,

      

5.00%, 08/15/2037

      1,670,000        1,786,900  

Oregon State Facilities Authority, Revenue Bonds,

      

Series A,

      

5.50%, 06/15/2035 (B)

      750,000        748,652  

State of Oregon Housing & Community Services Department, Revenue Bonds,

      

Series A,

      

2.45%, 07/01/2034

      3,090,000        2,653,787  

2.65%, 07/01/2039

      7,025,000        5,631,015  
     

 

 

  
        11,839,265  
     

 

 

  
Pennsylvania - 6.8%  

Allegheny County Hospital Development Authority, Revenue Bonds,

      

Series A,

      

4.00%, 07/15/2036 - 07/15/2038

      12,025,000        12,000,876  

Beaver County Economic Development Authority, Revenue Bonds,

      

BAM,

      

4.00%, 11/15/2035 - 11/15/2036

      3,110,000        3,190,609  

Bucks County Industrial Development Authority, Revenue Bonds,

      

5.00%, 10/01/2033 - 10/01/2037

      1,950,000        1,949,350  

County of Lackawanna, General Obligation Unlimited,

      

BAM,

      

4.00%, 09/15/2033

      2,820,000        2,854,880  
     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Pennsylvania (continued)  

Cumberland County Municipal Authority, Revenue Bonds,

      

5.00%, 01/01/2029

      $   840,000        $   821,290  

Cumberland Valley School District, General Obligation Limited,

      

Series A, AGM,

      

5.00%, 11/15/2047 (C)

      3,600,000        3,874,379  

Erie Sewer Authority, Revenue Bonds,

      

Series B, AGM,

      

5.00%, 12/01/2036

      2,000,000        2,203,518  

Geisinger Authority, Revenue Bonds,

      

Series A-1,

      

5.00%, 02/15/2045

      3,960,000        4,051,011  

Lancaster County Hospital Authority, Revenue Bonds,

      

5.00%, 11/01/2051

      2,540,000        2,634,661  

Lancaster Industrial Development Authority, Revenue Bonds,

      

4.00%, 12/01/2044

      755,000        687,125  

Montgomery County Higher Education & Health Authority, Revenue Bonds,

      

AGM-CR,

      

4.00%, 09/01/2049

      4,610,000        4,389,489  

Mountaintop Area Joint Sanitary Authority, Revenue Bonds,

      

BAM,

      

4.00%, 12/15/2049

      2,950,000        2,887,048  

Pennsylvania Higher Educational Facilities Authority, Revenue Bonds,

      

4.00%, 08/15/2049

      5,720,000        5,395,403  

Pennsylvania Housing Finance Agency, Revenue Bonds,

      

Series 121,

      

2.20%, 04/01/2026

      1,190,000        1,140,343  

2.25%, 10/01/2026

      305,000        291,143  

Series 124B,

      

2.65%, 04/01/2028

      530,000        508,111  

2.75%, 10/01/2028

      500,000        477,155  

Series 129,

      

2.20%, 04/01/2027

      95,000        89,932  

2.25%, 10/01/2027

      80,000        75,518  

2.40%, 10/01/2028

      660,000        620,572  

2.45%, 04/01/2029 - 10/01/2029

      2,380,000        2,228,436  

2.55%, 04/01/2030

      1,230,000        1,137,826  

2.60%, 10/01/2030

      305,000        281,766  

Pennsylvania Turnpike Commission, Revenue Bonds,

      

Series A,

      

5.00%, 12/01/2044

      7,810,000        8,140,580  

Series A, AGM,

      

4.00%, 12/01/2049

      10,700,000        10,372,649  

Series B, BAM-TCRS,

      

5.25%, 12/01/2044

      7,420,000        7,580,223  

Series C, AGM,

      

6.25% (E), 06/01/2033

      825,000        899,463  

Pennsylvania Turnpike Commission Oil Franchise Tax Revenue, Revenue Bonds,

      

Series B,

      

5.00%, 12/01/2038

      775,000        821,942  

Philadelphia Gas Works Co., Revenue Bonds,

      

Series A, AGM,

      

5.00%, 08/01/2050

      1,635,000        1,726,356  
 

 

Transamerica Funds

     Page    11         

Transamerica Intermediate Muni

 

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2023

(unaudited)

 

     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Pennsylvania (continued)  

School District of Philadelphia, General Obligation Limited,

      

Series A,

      

4.00%, 09/01/2036

      $   1,235,000        $   1,237,394  

State Public School Building Authority, Revenue Bonds,

      

5.00%, 12/01/2023 - 06/01/2032

      3,150,000        3,240,808  
     

 

 

  
        87,809,856  
     

 

 

  
Puerto Rico - 0.4%  

Children’s Trust Fund, Revenue Bonds,

      

5.63%, 05/15/2043

      125,000        125,714  

Puerto Rico Electric Power Authority, Revenue Bonds,

      

Series DDD, AGM,

      

3.65%, 07/01/2024

      620,000        613,144  

Series RR, AGC,

      

5.00%, 07/01/2028

      345,000        347,300  

Series SS, AGC,

      

4.38%, 07/01/2030

      145,000        140,267  

Series SS, AGM,

      

5.00%, 07/01/2030

      2,100,000        2,114,001  

Series TT, AGC-ICC,

      

5.00%, 07/01/2032

      50,000        49,909  

Series UU, AGC,

      

4.25%, 07/01/2027

      20,000        19,514  

5.00%, 07/01/2026

      650,000        654,334  

Series UU, AGM,

      

5.00%, 07/01/2024

      510,000        513,400  

Series VV, AGM,

      

5.25%, 07/01/2027

      40,000        40,040  

Puerto Rico Municipal Finance Agency, Revenue Bonds,

      

Series A, AGM,

      

5.00%, 08/01/2027

      930,000        936,200  
     

 

 

  
        5,553,823  
     

 

 

  
Rhode Island - 0.7%  

Providence Public Building Authority, Revenue Bonds,

      

Series A, AGM,

      

5.00%, 09/15/2028 - 09/15/2035

      5,960,000        6,272,029  

Providence Redevelopment Agency, Revenue Bonds,

      

Series A, AGM-CR,

      

5.00%, 04/01/2027

      865,000        887,940  

Rhode Island Commerce Corp., Revenue Bonds,

      

BAM-TCRS,

      

5.00%, 07/01/2034

      1,395,000        1,515,960  

Rhode Island Health & Educational Building Corp., Revenue Bonds,

      

Series C,

      

5.00%, 09/15/2027

      180,000        189,640  

Rhode Island Housing & Mortgage Finance Corp., Revenue Bonds,

      

Series 71, GNMA,

      

2.75%, 10/01/2034

      890,000        800,452  
     

 

 

  
        9,666,021  
     

 

 

  
South Carolina - 0.4%  

County of Florence, Revenue Bonds,

      

5.00%, 11/01/2031

      55,000        55,992  

South Carolina Jobs-Economic Development Authority, Revenue Bonds,

      

4.00%, 12/01/2044

      3,885,000        3,770,824  

5.00%, 10/01/2026 (B)

      1,675,000        1,662,338  
     

 

 

  
        5,489,154  
     

 

 

  
     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
South Dakota - 0.1%  

City of Brandon Water Utility Revenue, Revenue Bonds,

      

BAM,

      

5.50%, 08/01/2052

      $   710,000        $   801,401  
     

 

 

  
Tennessee - 0.2%  

City of Jackson, Revenue Bonds,

      

5.00%, 04/01/2041

      5,000        5,510  

New Memphis Arena Public Building Authority, Revenue Bonds,

      

Zero Coupon, 04/01/2029 (E)

      550,000        493,573  

Tennessee Housing Development Agency, Revenue Bonds,

      

Series 1,

      

2.95%, 01/01/2026

      45,000        44,223  

Series B-2,

      

2.25%, 01/01/2025

      40,000        39,182  

2.95%, 07/01/2028

      1,995,000        1,946,036  

3.05%, 07/01/2029

      225,000        220,622  
     

 

 

  
        2,749,146  
     

 

 

  
Texas - 1.5%  

City of Arlington, General Obligation Limited,

      

3.10%, 08/15/2031

      2,645,000        2,579,693  

City of Round Rock, Revenue Bonds,

      

AGM,

      

4.00%, 12/01/2037

      1,010,000        1,038,665  

City of Rowlett, Special Assessment,

      

3.13%, 09/15/2031 (B)

      226,000        202,294  

Dallas County Flood Control District No. 1, General Obligation Unlimited,

      

5.00%, 04/01/2024 (B)

      800,000        798,002  

Dallas-Fort Worth International Airport, Revenue Bonds,

      

Series C,

      

5.00%, 11/01/2034

      40,000        40,103  

El Paso County Hospital District, General Obligation Limited,

      

5.00%, 08/15/2026

      150,000        150,126  

Fort Bend County Levee Improvement District No. 15, General Obligation Unlimited,

      

BAM,

      

4.00%, 09/01/2029 - 09/01/2032

      380,000        380,228  

Fort Bend County Municipal Utility District No. 134E, General Obligation Unlimited,

      

BAM,

      

4.00%, 09/01/2048 (C)

      1,940,000        1,768,186  

Grand Parkway Transportation Corp., Revenue Bonds,

      

Series B,

      

5.00%, 04/01/2053

      25,000        25,066  

Harris County Municipal Utility District No. 171, General Obligation Unlimited,

      

BAM,

      

6.88%, 12/01/2031

      845,000        1,002,171  

Harris County Sports Authority, Revenue Bonds,

      

Series A, AGM,

      

5.00%, 11/15/2027

      35,000        35,718  
 

 

Transamerica Funds

     Page    12         

Transamerica Intermediate Muni

 

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2023

(unaudited)

 

     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Texas (continued)  

Houston Housing Finance Corp., Revenue Bonds,

      

Fixed until 02/01/2024,
0.00% (A), 08/01/2024 (C)

      $   1,500,000        $   1,499,200  

Montgomery County Municipal Utility District No. 113, General Obligation Unlimited,

      

AGM,

      

3.00%, 09/01/2033

      150,000        145,013  

Nacogdoches County Hospital District, Revenue Bonds,

      

AGM,

      

4.00%, 05/15/2037

      415,000        415,137  

New Hope Cultural Education Facilities Finance Corp., Revenue Bonds,

      

5.00%, 01/01/2024 - 01/01/2028

      2,995,000        2,975,769  

Northwoods Road District No. 1, General Obligation Unlimited,

      

BAM,

      

4.00%, 08/15/2027

      140,000        143,929  

Old Spanish Trail-Alemda Corridors Redevelopment Authority, Tax Allocation,

      

BAM,

      

4.00%, 09/01/2036 - 09/01/2037

      2,450,000        2,507,316  

Pottsboro Higher Education Finance Corp., Revenue Bonds,

      

Series A,

      

3.88%, 08/15/2026

      135,000        129,997  

Southwest Houston Redevelopment Authority, Tax Allocation,

      

Series B, AGM,

      

5.00%, 09/01/2034

      2,000,000        2,149,479  

Texas Public Finance Authority, Revenue Bonds,

      

BAM,

      

5.25%, 05/01/2041 - 05/01/2042

      900,000        973,508  

Travis County Municipal Utility District No. 4, General Obligation Unlimited,

      

AGM,

      

4.00%, 09/01/2035

      450,000        450,187  
     

 

 

  
        19,409,787  
     

 

 

  
U.S. Virgin Islands - 0.0% (H)  

Virgin Islands Public Finance Authority, Revenue Bonds,

      

Series A, AGM-CR,

      

5.00%, 10/01/2032 (D)

      200,000        200,128  
     

 

 

  
Utah - 0.1%  

County of Utah, Revenue Bonds,

      

Series A,

      

4.00%, 05/15/2041

      1,020,000        1,014,552  

Utah Charter School Finance Authority, Revenue Bonds,

      

4.00%, 10/15/2023

      150,000        150,090  

4.25%, 04/15/2034

      120,000        120,237  
     

 

 

  
        1,284,879  
     

 

 

  
     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Vermont - 0.0% (H)  

City of Burlington, General Obligation Unlimited,

      

Series A,

      

5.00%, 11/01/2035

      $   90,000        $   99,117  

Vermont Housing Finance Agency, Revenue Bonds,

      

Series A, GNMA, FNMA, FHLMC,

      

3.13%, 11/01/2042

      550,000        508,672  
     

 

 

  
        607,789  
     

 

 

  
Virginia - 1.4%  

Chesapeake Bay Bridge & Tunnel District, Revenue Bonds,

      

AGM,

      

5.00%, 07/01/2041

      1,135,000        1,166,139  

City of Suffolk, General Obligation Unlimited,

      

3.25%, 02/01/2035

      1,185,000        1,160,653  

County of Henrico Water & Sewer Revenue, Revenue Bonds,

      

4.00%, 05/01/2030 - 05/01/2032

      4,865,000        4,893,482  

Virginia Public School Authority, Revenue Bonds,

      

Series B,

      

5.00%, 08/01/2024

      2,500,000        2,544,523  

Williamsburg Economic Development Authority, Revenue Bonds,

      

Series A,

      

4.13%, 07/01/2058

      1,500,000        1,439,531  

5.00%, 07/01/2033

      1,350,000        1,587,095  

5.25%, 07/01/2053

      2,750,000        3,038,350  

Series B,

      

4.13%, 07/01/2048

      675,000        656,436  

4.25%, 07/01/2058

      1,000,000        968,065  

5.25%, 07/01/2053

      1,000,000        1,096,258  
     

 

 

  
        18,550,532  
     

 

 

  
Washington - 1.5%  

Central Puget Sound Regional Transit Authority, Revenue Bonds,

      

NATL,

      

4.75%, 02/01/2028

      40,000        40,544  

Everett Housing Authority, Revenue Bonds,

      

4.00%, 07/01/2036

      1,645,000        1,625,659  

Pierce & King Counties School District No. 417, General Obligation Unlimited,

      

4.00%, 12/01/2039

      200,000        202,666  

Snohomish County Housing Authority, Revenue Bonds,

      

4.00%, 04/01/2033

      15,545,000        15,944,842  

State of Washington, General Obligation Unlimited,

      

Series A,

      

5.00%, 08/01/2038

      750,000        750,000  

Washington Health Care Facilities Authority, Revenue Bonds,

      

5.00%, 10/01/2044

      1,000,000        988,378  

Washington State Housing Finance Commission, Revenue Bonds,

      

5.00%, 07/01/2033 (B)

      375,000        344,629  

Series 3-N, GNMA, FNMA, FHLMC,

      

2.85%, 12/01/2028

      65,000        63,105  
     

 

 

  
        19,959,823  
     

 

 

  
 

 

Transamerica Funds

     Page    13         

Transamerica Intermediate Muni

 

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2023

(unaudited)

 

     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
West Virginia - 0.1%  

City of Buckhannon, Revenue Bonds,

      

Series C,

      

4.25%, 08/01/2023

      $   520,000        $   520,000  

West Virginia Housing Development Fund, Revenue Bonds,

      

Series B,

      

3.70%, 11/01/2032

      285,000        289,694  
     

 

 

  
        809,694  
     

 

 

  
Wisconsin - 3.9%  

Public Finance Authority, Revenue Bonds,

      

3.00%, 04/01/2025 (B) (D)

      20,000        19,885  

3.00%, 04/01/2025 (B)

      150,000        145,330  

4.00%, 09/01/2029 (B)

      800,000        746,905  

Fixed until 10/01/2030,
4.00% (A), 10/01/2041

      11,740,000        11,779,221  

AGM,

      

5.00%, 07/01/2037

      1,895,000        1,987,284  

BAM,

      

5.25%, 07/01/2042

      6,150,000        6,765,463  

5.38%, 07/01/2047

      6,825,000        7,493,278  

5.50%, 07/01/2052

      10,785,000        11,904,658  

5.63%, 07/01/2055

      5,625,000        6,255,269  

Series A,

      

4.00%, 01/01/2045

      375,000        352,238  

5.00%, 06/01/2027 - 07/01/2038

      685,000        691,022  

Series A, AGM,

      

5.00%, 07/01/2036

      365,000        383,317  

Wisconsin Health & Educational Facilities Authority, Revenue Bonds,

      

5.00%, 08/15/2023 - 08/01/2039

      1,960,000        1,623,718  

Series A,

      

5.13%, 04/01/2057

      1,000,000        733,454  
     

 

 

  
        50,881,042  
     

 

 

  
     Principal      Value  
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)  
Wyoming - 0.2%  

Wyoming Community Development Authority, Revenue Bonds,

      

Series 1,

      

2.30%, 12/01/2031

      $   255,000        $   233,821  

Series 2,

      

2.95%, 06/01/2033

      2,485,000        2,204,708  
     

 

 

  
        2,438,529  
     

 

 

  

Total Municipal Government Obligations
(Cost $1,312,375,307)

 

      1,247,079,187  
     

 

 

  
SHORT-TERM U.S. GOVERNMENT OBLIGATION - 2.0%  

U.S. Treasury Bills

      

5.34% (I), 12/28/2023

      26,520,000        25,941,273  
     

 

 

  

Total Short-Term U.S. Government Obligation
(Cost $25,956,699)

 

      25,941,273  
     

 

 

  
REPURCHASE AGREEMENT - 1.6%  

Fixed Income Clearing Corp., 2.50% (I), dated 07/31/2023, to be repurchased at $20,045,910 on 08/01/2023. Collateralized by a U.S. Government Obligation, 0.13%, due 07/15/2026, and with a value of $20,445,472.

      20,044,518        20,044,518  
     

 

 

  

Total Repurchase Agreement
(Cost $20,044,518)

 

      20,044,518  
     

 

 

  

Total Investments
(Cost $1,358,376,524)

 

      1,293,064,978  

Net Other Assets (Liabilities) - 0.0% (H)

 

      534,515  
     

 

 

  

Net Assets - 100.0%

         $  1,293,599,493  
     

 

 

  
 

 

INVESTMENT VALUATION:

 

Valuation Inputs (J)

 

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

ASSETS

 

Investments

 

Municipal Government Obligations

    $     —        $     1,247,079,187      $     —        $     1,247,079,187  

Short-Term U.S. Government Obligation

      —          25,941,273        —          25,941,273  

Repurchase Agreement

      —          20,044,518        —          20,044,518  
  

 

 

     

 

 

     

 

 

     

 

 

  

Total Investments

    $     —        $     1,293,064,978      $     —        $     1,293,064,978  
  

 

 

     

 

 

     

 

 

     

 

 

  

 

Transamerica Funds

     Page    14         

Transamerica Intermediate Muni

 

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2023

(unaudited)

 

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

 

(A)      Floating or variable rate securities. The rates disclosed are as of July 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.
(B)      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 July 31, 2023, the total value of 144A securities is $11,043,251, representing 0.9% of the Fund’s net assets.
(C)      When-issued, delayed-delivery and/or forward commitment (including TBAs) securities. Securities to be settled and delivered after July 31, 2023. Securities may display a coupon rate of 0.00%, as the rate is to be determined at time of settlement.
(D)      Restricted securities. At July 31, 2023, the value of such securities held by the Fund are as follows:

 

Investments

   

Description

    Acquisition
Date		      Acquisition
Cost		      Value      Value as
Percentage of
Net Assets		  

Municipal Government Obligations

   

Bradburn Metropolitan District No. 2
General Obligation Limited
Series A
4.00%, 12/01/2028

      03/08/2018      $ 291,210      $ 281,569        0.0 %(H) 

Municipal Government Obligations

   

Housing & Redevelopment Authority of the City of St. Paul
Revenue Bonds
Series B
4.25%, 04/01/2025

      06/19/2015        80,003        78,961        0.0 (H) 

Municipal Government Obligations

   

Virgin Islands Public Finance Authority
Revenue Bonds
Series A, AGM-CR
5.00%, 10/01/2032

      07/14/2020 - 02/09/2021        212,946        200,128        0.0 (H) 

Municipal Government Obligations

   

Public Finance Authority
Revenue Bonds
3.00%, 04/01/2025

      02/26/2020        20,285        19,885        0.0 (H) 
        

 

 

     

 

 

     

 

 

  

Total

          $     604,444      $     580,543        0.0 %(H) 
        

 

 

     

 

 

     

 

 

  

 

(E)      Step bonds. Coupon rates change in increments to maturity. The rates disclosed are as of July 31, 2023; the maturity dates disclosed are the ultimate maturity dates.
(F)      Securities in default; no interest payments received and/or dividends declared during the last 12 months. At July 31, 2023, the total value of such securities is $602,750, representing less than 0.1% of the Fund’s net assets.
(G)      Non-income producing securities.
(H)      Percentage rounds to less than 0.1% or (0.1)%.
(I)      Rates disclosed reflect the yields at July 31, 2023.
(J)      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.

MUNICIPAL INSURER ABBREVIATIONS:

 

AGC

    Assured Guaranty Corp.

AGM

    Assured Guaranty Municipal Corp.

AMBAC

    AMBAC Financial Group, Inc.

BAM

    Build America Mutual Assurance Co.

FHLMC

    Federal Home Loan Mortgage Corp.

FNMA

    Federal National Mortgage Association

GNMA

    Government National Mortgage Association

NATL

    National Public Finance Guarantee Corp.

 

Transamerica Funds

     Page    15         

Transamerica Intermediate Muni

 

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2023

(unaudited)

 

PORTFOLIO ABBREVIATIONS:

 

CR

    Custodial Receipts

IBC

    Insured Bond Certificate

ICC

    Insured Custody Certificate

TCRS

    Temporary Custodian Receipts

 

Transamerica Funds

     Page    16         

Transamerica Intermediate Muni

 

NOTES TO SCHEDULE OF INVESTMENTS

At July 31, 2023

(unaudited)

 

INVESTMENT VALUATION

Transamerica Intermediate Muni (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 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:

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.

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.

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.

Restricted securities: Restricted securities for which quotations are not readily available are valued at fair value. Restricted securities issued by publicly traded companies are generally valued at a discount to similar publicly traded securities. Restricted securities issued by nonpublic entities may be valued by reference to comparable public entities and/or fundamental data relating to the issuer. Depending on the relative significance of observable valuation inputs, these instruments may be classified in either Level 2 or Level 3 of the fair value hierarchy.

 

Transamerica Funds

     Page    17