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Transamerica ClearTrack® 2060

 

SCHEDULE OF INVESTMENTS

At January 31, 2024

(unaudited)

 

     Shares      Value  
EXCHANGE-TRADED FUNDS - 53.4%  
International Equity Funds - 24.0%  

iShares Core MSCI EAFE ETF

     4,274        $ 298,625  

iShares Core MSCI Emerging Markets ETF

     1,525        73,886  

iShares Global REIT ETF

     3,201        74,103  
     

 

 

 
        446,614  
     

 

 

 
U.S. Equity Fund - 26.4%  

iShares Core S&P 500 ETF

     1,009        489,567  
     

 

 

 
U.S. Fixed Income Funds - 3.0%  

iShares 0-5 Year TIPS Bond ETF

     378        37,429  

iShares Core U.S. Aggregate Bond ETF

     190        18,829  
     

 

 

 
        56,258  
     

 

 

 

Total Exchange-Traded Funds
(Cost $944,590)

 

     992,439  
  

 

 

 
INVESTMENT COMPANIES - 45.5%  
International Equity Funds - 14.1%  

Transamerica Emerging Markets Opportunities (A)

     7,791        55,391  

Transamerica International Focus (A)

     13,082        102,303  

Transamerica International Stock (A)

     9,319        103,534  
     

 

 

 
        261,228  
     

 

 

 
International Fixed Income Fund - 0.5%  

Transamerica Emerging Markets Debt (A)

     1,021        9,376  
     

 

 

 
U.S. Equity Funds - 27.9%  

Transamerica Capital Growth (A) (B)

     8,118        59,748  

Transamerica Large Cap Value (A)

     12,634        163,229  

Transamerica Mid Cap Growth (A) (B)

     6,230        55,760  

Transamerica Mid Cap Value Opportunities (A)

     5,048        55,624  

Transamerica Small Cap Growth (A)

     6,483        41,620  

Transamerica Small Cap Value (A)

     7,549        41,065  

Transamerica US Growth (A)

     3,630        101,646  
     

 

 

 
        518,692  
     

 

 

 
     Shares      Value  
INVESTMENT COMPANIES (continued)  
U.S. Fixed Income Funds - 3.0%  

Transamerica Bond (A)

     4,673        $  37,803  

Transamerica High Yield Bond (A)

     2,326        18,769  
     

 

 

 
        56,572  
     

 

 

 

Total Investment Companies
(Cost $819,691)

 

     845,868  
  

 

 

 

Total Investments
(Cost $1,764,281)

 

     1,838,307  

Net Other Assets (Liabilities) - 1.1%

        20,650  
     

 

 

 

Net Assets - 100.0%

        $ 1,858,957  
     

 

 

 
 

 

Transamerica Funds

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Transamerica ClearTrack® 2060

 

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

 

INVESTMENT VALUATION:

 

Valuation Inputs (C)

 

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

ASSETS

 

Investments

 

Exchange-Traded Funds

   $ 992,439      $ —       $ —       $ 992,439  

Investment Companies

     845,868        —         —         845,868  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Investments

   $  1,838,307      $    —       $    —       $  1,838,307  
  

 

 

    

 

 

    

 

 

    

 

 

 

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

 

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

 

Affiliated Investments

  Value
October 31,
2023
    Purchases
at Cost
    Proceeds
from Sales
    Net
Realized
Gain (Loss)
    Net Change in
Unrealized
Appreciation
(Depreciation)
    Value
January 31, 2024
    Shares as of
January 31, 2024
    Dividend
Income
    Net Capital
Gain
Distributions
 

Transamerica Bond

  $ 30,566     $ 5,603     $ (594   $ (104   $ 2,332     $ 37,803       4,673     $ 373     $ —   

Transamerica Capital Growth

    46,540       2,489       (997     178       11,538       59,748       8,118       —        —   

Transamerica Emerging Markets Debt

    7,846       952       (68     4       642       9,376       1,021       92       —   

Transamerica Emerging Markets Opportunities

    45,070       11,556       (1,409     (544     718       55,391       7,791       1,462       —   

Transamerica High Yield Bond

    15,480       2,543       (246     (38     1,030       18,769       2,326       254       —   

Transamerica International Focus

    83,097       21,081       (2,491     (615     1,231       102,303       13,082       3,281       4,499  

Transamerica International Stock

    83,020       14,194       (3,139     31       9,428       103,534       9,319       3,283       —   

Transamerica Large Cap Value

    130,956       24,359       (1,926     (140     9,980       163,229       12,634       481       10,795  

Transamerica Mid Cap Growth

    46,615       4,600       (5,389     (964     10,898       55,760       6,230       —        —   

Transamerica Mid Cap Value Opportunities

    48,786       7,757       (4,287     (1,476     4,844       55,624       5,048       587       2,169  

Transamerica Small Cap Growth

    36,549       6,256       (4,699     (1,918     5,432       41,620       6,483       —        1,956  

Transamerica Small Cap Value

    36,679       3,644       (4,134     (1,200     6,076       41,065       7,549       1,344       —   

Transamerica US Growth

    81,628       11,641       (4,922     1,272       12,027       101,646       3,630       —        3,341  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $  692,832     $  116,675     $  (34,301   $  (5,514   $  76,176     $  845,868         87,904     $  11,157     $  22,760  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(B)      Non-income producing securities.
(C)      There were no transfers in or out of Level 3 during the period ended January 31, 2024. Please reference the Investment Valuation section of the Notes to Schedule of Investments for more information regarding investment valuation and pricing inputs.

PORTFOLIO ABBREVIATION:

 

REIT

   Real Estate Investment Trust

 

Transamerica Funds

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Transamerica ClearTrack® 2060

 

NOTES TO SCHEDULE OF INVESTMENTS

At January 31, 2024

(unaudited)

 

INVESTMENT VALUATION

Transamerica ClearTrack® 2060 (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 January 31, 2024, 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.

 

Transamerica Funds

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