Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS

At January 31, 2024

(unaudited)

	Principal		Value
ASSET-BACKED SECURITY - 0.0% (A)
Atrium XIII
Series 13A, Class A1,
3-Month Term SOFR + 1.44%, 6.76% (B), 11/21/2030 (C)		$ 14,573		$ 14,600
Total Asset-Backed Security (Cost $14,406)				14,600
CONVERTIBLE BONDS - 0.1%
Communications Equipment - 0.1%
Meituan
Zero Coupon, 04/27/2027 (D)		300,000		275,550
Hotels, Restaurants & Leisure - 0.0% (A)
Wynn Macau Ltd.
4.50%, 03/07/2029 (C)		200,000		198,512
Total Convertible Bonds (Cost $469,805)				474,062
CORPORATE DEBT SECURITIES - 38.4%
Aerospace & Defense - 0.2%
Boeing Co.
5.15%, 05/01/2030		334,000		334,356
L3Harris Technologies, Inc.
5.40%, 07/31/2033		89,000		91,617
Lockheed Martin Corp.
4.45%, 05/15/2028		64,000		64,079
				490,052
Air Freight & Logistics - 0.0% (A)
Cargo Aircraft Management, Inc.
4.75%, 02/01/2028 (C)		125,000		114,385
Automobiles - 0.4%
BMW US Capital LLC
3.90%, 04/09/2025 (C)		391,000		386,924
Ford Motor Credit Co. LLC
4.00%, 11/13/2030		200,000		178,419
General Motors Financial Co., Inc.
2.75%, 06/20/2025		120,000		116,136
5.80%, 01/07/2029		170,000		174,334
Hyundai Capital America
5.40%, 01/08/2031 (C)		39,000		39,697
5.80%, 06/26/2025 (C)		40,000		40,283
6.50%, 01/16/2029 (C)		46,000		48,867
Hyundai Capital Services, Inc.
1.25%, 02/08/2026 (D)		330,000		304,288
				1,288,948
Banks - 9.6%
ABQ Finance Ltd.
1.88%, 09/08/2025 (D)		640,000		600,608
Australia & New Zealand Banking Group Ltd.
Fixed until 06/15/2026 (E), 6.75% (B) (C)		563,000		567,306
Banco de Credito del Peru SA
2.70%, 01/11/2025 (D)		450,000		437,843
Banco Santander SA
2.71%, 06/27/2024		200,000		197,841
6.94%, 11/07/2033		200,000		221,440
Fixed until 05/21/2033 (E), 9.63% (B)		1,800,000		1,930,500

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Banks (continued)
Bank of America Corp.
Fixed until 10/22/2024, 2.46% (B), 10/22/2025		$  392,000		$  382,823
Fixed until 03/08/2032, 3.85% (B), 03/08/2037		32,000		28,396
Fixed until 02/07/2029, 3.97% (B), 02/07/2030		393,000		374,735
Fixed until 04/27/2032, 4.57% (B), 04/27/2033		384,000		367,077
Bank of China Ltd.
5.00%, 11/13/2024 (D)		440,000		437,756
Bank of East Asia Ltd.
Fixed until 05/29/2025, 4.00% (B), 05/29/2030 (D)		300,000		284,931
Fixed until 10/21/2025 (E), 5.83% (B) (D)		250,000		224,375
Fixed until 09/19/2024 (E), 5.88% (B) (D)		250,000		224,375
Bank of Montreal
1.50%, 01/10/2025		304,000		293,898
Bank of Nova Scotia
Fixed until 02/04/2032, 4.59% (B), 05/04/2037		109,000		98,839
5.65%, 02/01/2034		136,000		140,472
Fixed until 01/27/2029, 8.00% (B), 01/27/2084		280,000		284,463
BankUnited, Inc.
4.88%, 11/17/2025		141,000		138,640
5.13%, 06/11/2030		436,000		406,004
Barclays PLC
Fixed until 12/15/2025 (E), 6.13% (B)		220,000		208,516
BBVA Bancomer SA
1.88%, 09/18/2025 (D)		480,000		451,303
BNP Paribas SA
Fixed until 06/30/2026, 1.68% (B), 06/30/2027 (C)		200,000		183,681
CBQ Finance Ltd.
2.00%, 05/12/2026 (D)		480,000		442,787
Citigroup, Inc.
Fixed until 04/08/2025, 3.11% (B), 04/08/2026		184,000		179,381
4.45%, 09/29/2027		201,000		196,813
Fixed until 05/24/2032, 4.91% (B), 05/24/2033		368,000		360,031
Fixed until 05/25/2033, 6.17% (B), 05/25/2034		35,000		36,324
Citizens Financial Group, Inc.
2.64%, 09/30/2032		138,000		107,144
Fixed until 01/23/2029, 5.84% (B), 01/23/2030		27,000		27,185
Credit Agricole SA
Fixed until 01/26/2026, 1.25% (B), 01/26/2027 (C)		250,000		231,401
5.30%, 07/12/2028 (C)		254,000		259,595
Danske Bank AS
Fixed until 09/10/2024, 0.98% (B), 09/10/2025 (C)		357,000		346,666
Fixed until 12/20/2024, 3.24% (B), 12/20/2025 (C)		374,000		365,739
DBS Group Holdings Ltd.
Fixed until 03/10/2026, 1.82% (B), 03/10/2031 (D)		640,000		594,192

Transamerica Funds Page 1  

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Banks (continued)
Deutsche Bank AG
Fixed until 01/07/2027, 2.55% (B), 01/07/2028		$  150,000		$  137,812
Fixed until 01/18/2028, 6.72% (B), 01/18/2029		435,000		452,806
Fixed until 11/10/2032, 7.08% (B), 02/10/2034		423,000		431,240
Emirates NBD Bank PJSC
2.63%, 02/18/2025 (D)		700,000		678,125
Fifth Third Bancorp
Fixed until 01/29/2031, 5.63% (B), 01/29/2032		38,000		38,330
Fixed until 07/27/2028, 6.34% (B), 07/27/2029		16,000		16,648
Fifth Third Bank NA
Fixed until 10/27/2024, 5.85% (B), 10/27/2025		250,000		250,351
First Abu Dhabi Bank PJSC
Fixed until 10/04/2028, 6.32% (B), 04/04/2034 (D)		600,000		616,123
First Horizon Bank
5.75%, 05/01/2030		250,000		242,027
Goldman Sachs Group, Inc.
Fixed until 09/10/2026, 1.54% (B), 09/10/2027		322,000		293,725
Fixed until 07/21/2031, 2.38% (B), 07/21/2032		348,000		286,650
Hana Bank
4.25%, 10/14/2024 (D)		300,000		296,763
HSBC Holdings PLC
Fixed until 11/22/2026, 2.25% (B), 11/22/2027		250,000		230,337
Fixed until 03/09/2028, 6.16% (B), 03/09/2029		200,000		206,636
Fixed until 06/20/2033, 6.55% (B), 06/20/2034		700,000		728,630
Industrial & Commercial Bank of China Macau Ltd.
Fixed until 09/12/2024, 2.88% (B), 09/12/2029 (D)		450,000		442,283
ING Groep NV
Fixed until 07/01/2025, 1.40% (B), 07/01/2026 (C)		200,000		189,361
JPMorgan Chase & Co.
Fixed until 11/08/2031, 2.55% (B), 11/08/2032		411,000		344,285
Fixed until 05/01/2027, 3.54% (B), 05/01/2028		299,000		286,517
Fixed until 04/26/2025, 4.08% (B), 04/26/2026		158,000		155,673
4.13%, 12/15/2026		76,000		74,895
Fixed until 09/14/2032, 5.72% (B), 09/14/2033		160,000		164,718
KeyBank NA
3.40%, 05/20/2026		250,000		236,087
Kookmin Bank
2.50%, 11/04/2030 (D)		650,000		540,549
M&T Bank Corp.
Fixed until 10/30/2028, 7.41% (B), 10/30/2029		32,000		34,479
Macquarie Bank Ltd.
Fixed until 03/08/2027 (E), 6.13% (B) (D)		280,000		266,471
Mitsubishi UFJ Financial Group, Inc.
2.19%, 02/25/2025		344,000		333,442

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Banks (continued)
Mizuho Financial Group, Inc.
Fixed until 09/13/2024, 2.56% (B), 09/13/2025		$  413,000		$  405,659
Fixed until 07/06/2028, 5.78% (B), 07/06/2029		393,000		403,314
Morgan Stanley
Fixed until 10/21/2024, 1.16% (B), 10/21/2025		91,000		87,892
Fixed until 07/20/2026, 1.51% (B), 07/20/2027		44,000		40,380
Fixed until 05/04/2026, 1.59% (B), 05/04/2027		54,000		50,005
Fixed until 04/01/2030, 3.62% (B), 04/01/2031		312,000		287,645
Fixed until 04/20/2032, 5.30% (B), 04/20/2037		35,000		34,273
National Australia Bank Ltd.
6.43%, 01/12/2033 (C)		329,000		347,335
NatWest Group PLC
Fixed until 06/28/2031 (E), 4.60% (B) (F)		562,000		423,595
NatWest Markets PLC
3.48%, 03/22/2025 (C)		333,000		326,939
NBK SPC Ltd.
Fixed until 09/15/2026, 1.63% (B), 09/15/2027 (D)		330,000		299,416
Nbk Tier 2 Ltd.
Fixed until 11/24/2025, 2.50% (B), 11/24/2030 (D)		330,000		308,138
QNB Finance Ltd.
3.50%, 03/28/2024 (D)		590,000		587,729
Royal Bank of Canada
4.90%, 01/12/2028		182,000		183,623
Shinhan Bank Co. Ltd.
4.50%, 03/26/2028 (D)		470,000		453,592
Signature Bank
Fixed until 10/15/2025, 4.00%, 10/15/2030 (B) (G)		704,000		308,000
SNB Funding Ltd.
2.75%, 10/02/2024 (D)		550,000		538,313
Societe Generale SA
Fixed until 11/18/2030 (E), 5.38% (B) (C) (F)		1,765,000		1,442,172
Standard Chartered PLC
Fixed until 01/14/2026, 1.46% (B), 01/14/2027 (D)		490,000		451,420
Fixed until 01/11/2034, 6.10% (B), 01/11/2035 (C)		300,000		306,056
Fixed until 08/15/2027 (E), 7.75% (B) (D)		700,000		711,670
Texas Capital Bancshares, Inc.
Fixed until 05/06/2026, 4.00% (B), 05/06/2031		281,000		258,800
Toronto-Dominion Bank
5.26%, 12/11/2026		60,000		61,015
Truist Financial Corp.
Fixed until 01/26/2033, 5.12% (B), 01/26/2034		54,000		52,544
Fixed until 01/24/2034, 5.71% (B), 01/24/2035		32,000		32,475
UBS Group AG
Fixed until 05/12/2027, 4.75% (B), 05/12/2028 (C)		275,000		270,991
Fixed until 09/22/2033, 6.30% (B), 09/22/2034 (C)		404,000		427,316

Transamerica Funds Page 2  

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Banks (continued)
United Overseas Bank Ltd.
Fixed until 10/14/2026, 2.00% (B), 10/14/2031 (D)		$  660,000		$  604,440
Valley National Bancorp
Fixed until 06/15/2026, 3.00% (B), 06/15/2031		250,000		213,743
Wells Fargo & Co.
Fixed until 02/11/2030, 2.57% (B), 02/11/2031		63,000		54,771
Fixed until 10/30/2029, 2.88% (B), 10/30/2030		29,000		25,819
3.00%, 02/19/2025		287,000		281,202
4.30%, 07/22/2027		249,000		244,505
Fixed until 01/23/2034, 5.50% (B), 01/23/2035		28,000		28,513
Westpac Banking Corp.
Fixed until 09/21/2027 (E), 5.00% (B)		700,000		649,058
Zions Bancorp NA
3.25%, 10/29/2029		575,000		478,611
				31,289,012
Beverages - 0.4%
Anheuser-Busch InBev Worldwide, Inc.
3.50%, 06/01/2030		474,000		447,542
Becle SAB de CV
2.50%, 10/14/2031 (D)		700,000		550,200
Constellation Brands, Inc.
4.35%, 05/09/2027		30,000		29,738
PepsiCo, Inc.
2.25%, 03/19/2025		188,000		182,788
				1,210,268
Biotechnology - 0.1%
Amgen, Inc.
5.25%, 03/02/2033		164,000		167,144
Royalty Pharma PLC
2.15%, 09/02/2031 (F)		146,000		118,836
				285,980
Broadline Retail - 0.7%
AutoZone, Inc.
6.25%, 11/01/2028		21,000		22,286
El Puerto de Liverpool SAB de CV
3.88%, 10/06/2026 (D)		480,000		465,336
Genuine Parts Co.
6.50%, 11/01/2028		80,000		85,089
Kohl’s Corp.
4.63%, 05/01/2031		110,000		88,000
LS Finance Ltd.
4.88%, 07/15/2024 (D)		875,000		853,139
Prosus NV
3.68%, 01/21/2030 (D)		370,000		322,004
4.03%, 08/03/2050 (D)		260,000		166,039
Walmart, Inc.
3.95%, 09/09/2027		184,000		182,850
				2,184,743
Building Products - 0.2%
Home Depot, Inc.
4.90%, 04/15/2029		53,000		54,232
LBM Acquisition LLC
6.25%, 01/15/2029 (C)		155,000		140,852
Lennox International, Inc.
5.50%, 09/15/2028		114,000		116,800

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Building Products (continued)
Park River Holdings, Inc.
6.75%, 08/01/2029 (C)		$  76,000		$  63,768
Standard Industries, Inc.
3.38%, 01/15/2031 (C)		200,000		169,642
				545,294
Capital Markets - 0.7%
Charles Schwab Corp.
2.45%, 03/03/2027		27,000		25,202
Huarong Finance 2019 Co. Ltd.
Fixed until 09/30/2025 (E), 4.25% (B) (D)		400,000		375,640
Huarong Finance Co. Ltd.
4.75%, 04/27/2027 (D)		500,000		467,500
Huarong Finance II Co. Ltd.
5.50%, 01/16/2025 (D)		500,000		492,500
ION Trading Technologies SARL
5.75%, 05/15/2028 (C)		230,000		210,737
SURA Asset Management SA
4.38%, 04/11/2027 (D)		342,000		329,278
4.88%, 04/17/2024 (D)		300,000		298,574
				2,199,431
Chemicals - 0.7%
Consolidated Energy Finance SA
5.63%, 10/15/2028 (C)		205,000		170,691
Eastman Chemical Co.
5.75%, 03/08/2033		64,000		65,834
Ecolab, Inc.
5.25%, 01/15/2028		155,000		159,183
MEGlobal BV
2.63%, 04/28/2028 (D)		340,000		303,601
Nippon Life Insurance Co.
Fixed until 09/13/2033, 6.25% (B), 09/13/2053 (C)		625,000		651,007
Nutrien Ltd.
4.90%, 03/27/2028		146,000		146,649
RPM International, Inc.
4.55%, 03/01/2029		355,000		347,597
Sociedad Quimica y Minera de Chile SA
6.50%, 11/07/2033 (D)		450,000		465,449
Trinseo Materials Operating SCA/Trinseo Materials Finance, Inc.
5.13%, 04/01/2029 (C)		176,000		68,672
				2,378,683
Commercial Services & Supplies - 0.6%
Avis Budget Car Rental LLC/Avis Budget Finance, Inc.
5.38%, 03/01/2029 (C)		75,000		69,542
Deluxe Corp.
8.00%, 06/01/2029 (C)		153,000		137,754
Garda World Security Corp.
6.00%, 06/01/2029 (C)		190,000		166,857
Hertz Corp.
4.63%, 12/01/2026 (C)		75,000		67,547
PROG Holdings, Inc.
6.00%, 11/15/2029 (C)		142,000		129,611
Quanta Services, Inc.
2.35%, 01/15/2032		70,000		56,987
2.90%, 10/01/2030		22,000		19,285
Republic Services, Inc.
5.00%, 04/01/2034		68,000		68,616
Siemens Financieringsmaatschappij NV
3.25%, 05/27/2025 (C)		427,000		419,460

Transamerica Funds Page 3  

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Commercial Services & Supplies (continued)
Triton Container International Ltd.
3.15%, 06/15/2031 (C)		$  358,000		$  286,358
Upbound Group, Inc.
6.38%, 02/15/2029 (C)		140,000		133,479
Waste Connections, Inc.
4.25%, 12/01/2028		201,000		198,701
Waste Management, Inc.
4.63%, 02/15/2030		27,000		27,118
4.88%, 02/15/2034		87,000		87,475
				1,868,790
Communications Equipment - 0.1%
Viasat, Inc.
7.50%, 05/30/2031 (C)		310,000		232,500
Construction & Engineering - 0.0% (A)
Jacobs Engineering Group, Inc.
5.90%, 03/01/2033		32,000		32,615
6.35%, 08/18/2028		40,000		41,771
				74,386
Construction Materials - 0.1%
Martin Marietta Materials, Inc.
2.40%, 07/15/2031		53,000		44,706
West China Cement Ltd.
4.95%, 07/08/2026 (D)		550,000		406,548
				451,254
Consumer Finance - 0.5%
American Express Co.
4.20%, 11/06/2025		78,000		77,245
Bread Financial Holdings, Inc.
9.75%, 03/15/2029 (C)		90,000		89,877
Capital One Financial Corp.
3.75%, 07/28/2026		81,000		78,041
Fixed until 02/01/2029, 5.70% (B), 02/01/2030		27,000		27,237
Curo Group Holdings Corp.
7.50%, 08/01/2028 (C)		293,000		71,214
Enova International, Inc.
11.25%, 12/15/2028 (C)		105,000		109,804
goeasy Ltd.
4.38%, 05/01/2026 (C)		170,000		162,152
LFS Topco LLC
5.88%, 10/15/2026 (C)		90,000		82,742
Mastercard, Inc.
2.00%, 03/03/2025		221,000		214,606
OneMain Finance Corp.
5.38%, 11/15/2029		87,000		80,500
Synchrony Financial
4.50%, 07/23/2025		512,000		501,702
				1,495,120
Consumer Staples Distribution & Retail - 0.3%
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP
5.88%, 02/15/2028 (C)		160,000		159,627
C&S Group Enterprises LLC
5.00%, 12/15/2028 (C)		211,000		171,353
Cencosud SA
4.38%, 07/17/2027 (D)		550,000		529,912
Performance Food Group, Inc.
5.50%, 10/15/2027 (C)		85,000		83,441
				944,333

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Containers & Packaging - 0.4%
Amcor Flexibles North America, Inc.
2.69%, 05/25/2031		$  220,000		$  189,385
Clydesdale Acquisition Holdings, Inc.
8.75%, 04/15/2030 (C)		190,000		180,496
Crown Americas LLC
5.25%, 04/01/2030		172,000		166,195
Packaging Corp. of America
5.70%, 12/01/2033		85,000		89,146
Silgan Holdings, Inc.
4.13%, 02/01/2028		105,000		98,324
Sonoco Products Co.
1.80%, 02/01/2025		451,000		435,875
				1,159,421
Distributors - 0.0% (A)
Windsor Holdings III LLC
8.50%, 06/15/2030 (C)		125,000		129,694
Diversified REITs - 0.3%
American Tower Corp.
2.30%, 09/15/2031		68,000		56,195
Crown Castle, Inc.
5.00%, 01/11/2028		115,000		114,318
5.60%, 06/01/2029		53,000		53,968
HAT Holdings I LLC/HAT Holdings II LLC
3.38%, 06/15/2026 (C)		175,000		163,309
Trust Fibra Uno
4.87%, 01/15/2030 (D)		530,000		484,174
Weyerhaeuser Co.
4.75%, 05/15/2026		81,000		80,580
				952,544
Diversified Telecommunication Services - 0.5%
AT&T, Inc.
4.10%, 02/15/2028		403,000		394,162
5.40%, 02/15/2034		57,000		58,417
Network i2i Ltd.
Fixed until 01/15/2025 (E), 5.65% (B) (D)		900,000		887,625
Verizon Communications, Inc.
4.02%, 12/03/2029		403,000		387,719
5.05%, 05/09/2033		60,000		60,547
				1,788,470
Electric Utilities - 2.1%
AES Corp.
5.45%, 06/01/2028		57,000		57,716
Alliant Energy Finance LLC
5.95%, 03/30/2029 (C)		40,000		41,572
Ameren Corp.
5.70%, 12/01/2026		39,000		39,862
American Electric Power Co., Inc.
5.63%, 03/01/2033		52,000		53,592
Avangrid, Inc.
3.20%, 04/15/2025		257,000		250,227
Berkshire Hathaway Energy Co.
3.25%, 04/15/2028		201,000		190,524
Buffalo Energy Mexico Holdings/Buffalo Energy Infrastructure/Buffalo Energy
7.88%, 02/15/2039 (C)		200,000		206,780
Clean Renewable Power Mauritius Pte. Ltd.
4.25%, 03/25/2027 (D)		585,000		541,809
Colbun SA
3.95%, 10/11/2027 (D)		550,000		528,976

Transamerica Funds Page 4  

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Electric Utilities (continued)
Diamond II Ltd.
7.95%, 07/28/2026 (D)		$  450,000		$  456,154
DTE Energy Co.
4.88%, 06/01/2028		83,000		83,272
Electricite de France SA
5.70%, 05/23/2028 (C)		211,000		217,583
ENEL Finance International NV
3.50%, 04/06/2028 (C)		300,000		282,672
Engie Energia Chile SA
3.40%, 01/28/2030 (D)		350,000		306,265
Kallpa Generacion SA
4.13%, 08/16/2027 (D)		320,000		301,254
Kentucky Power Co.
7.00%, 11/15/2033 (C)		124,000		133,314
LLPL Capital Pte. Ltd.
6.88%, 02/04/2039 (D)		329,886		316,032
Metropolitan Edison Co.
5.20%, 04/01/2028 (C)		120,000		121,286
Minejesa Capital BV
5.63%, 08/10/2037 (D)		900,000		778,144
National Rural Utilities Cooperative Finance Corp.
1.88%, 02/07/2025		136,000		131,791
3-Month Term SOFR + 3.17%, 8.49% (B), 04/30/2043		463,000		457,221
New York State Electric & Gas Corp.
5.85%, 08/15/2033 (C)		78,000		81,483
NextEra Energy Capital Holdings, Inc.
5.75%, 09/01/2025		47,000		47,472
Pacific Gas & Electric Co.
4.95%, 06/08/2025		110,000		109,459
PacifiCorp
5.10%, 02/15/2029		56,000		56,627
Pattern Energy Operations LP/Pattern Energy Operations, Inc.
4.50%, 08/15/2028 (C)		140,000		130,411
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara
3.88%, 07/17/2029 (D)		490,000		456,101
Public Service Co. of Colorado
3.70%, 06/15/2028		351,000		339,349
Southern California Edison Co.
4.88%, 02/01/2027		65,000		65,110
Southwestern Electric Power Co.
5.30%, 04/01/2033		37,000		37,105
Vistra Operations Co. LLC
5.00%, 07/31/2027 (C)		137,000		132,652
				6,951,815
Electrical Equipment - 0.0% (A)
EnerSys
6.63%, 01/15/2032 (C)		28,000		28,371
Electronic Equipment, Instruments & Components - 0.1%
Honeywell International, Inc.
1.75%, 09/01/2031		110,000		90,453
4.25%, 01/15/2029		59,000		58,638
Jabil, Inc.
5.45%, 02/01/2029		28,000		28,568
Trimble, Inc.
4.75%, 12/01/2024		30,000		29,773
6.10%, 03/15/2033		25,000		26,275

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Electronic Equipment, Instruments & Components (continued)
TTM Technologies, Inc.
4.00%, 03/01/2029 (C)		$  153,000		$  137,912
Vontier Corp.
2.95%, 04/01/2031		64,000		53,248
				424,867
Energy Equipment & Services - 1.0%
Continuum Energy Levanter Pte. Ltd.
4.50%, 02/09/2027 (D)		623,875		594,292
Greenko Wind Projects Mauritius Ltd.
5.50%, 04/06/2025 (D)		1,400,000		1,379,140
Halliburton Co.
4.75%, 08/01/2043		110,000		103,243
India Cleantech Energy
4.70%, 08/10/2026 (D)		221,000		205,906
India Green Power Holdings
4.00%, 02/22/2027 (D)		850,000		784,141
Nabors Industries, Inc.
7.38%, 05/15/2027 (C)		188,000		184,734
Valaris Ltd.
8.38%, 04/30/2030 (C)		85,000		86,876
				3,338,332
Entertainment - 0.1%
Netflix, Inc.
4.88%, 04/15/2028		201,000		202,409
Financial Services - 0.5%
Ally Financial, Inc.
6.70%, 02/14/2033		90,000		90,146
CMB International Leasing Management Ltd.
1.25%, 09/16/2024 (D)		460,000		447,203
Cobra AcquisitionCo LLC
6.38%, 11/01/2029 (C)		175,000		142,187
Credit Acceptance Corp.
9.25%, 12/15/2028 (C)		80,000		84,200
Power Finance Corp. Ltd.
3.95%, 04/23/2030 (D) (F)		340,000		313,398
Shriram Finance Ltd.
4.40%, 03/13/2024 (D)		600,000		597,540
				1,674,674
Food Products - 1.7%
General Mills, Inc.
4.70%, 01/30/2027		31,000		31,027
4.95%, 03/29/2033		40,000		39,995
5.50%, 10/17/2028		27,000		27,914
Grupo Bimbo SAB de CV
4.00%, 09/06/2049 (D)		640,000		499,072
Hormel Foods Corp.
0.65%, 06/03/2024		121,000		119,050
J M Smucker Co.
5.90%, 11/15/2028		52,000		54,357
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc.
3.75%, 12/01/2031		310,000		265,758
6.50%, 12/01/2052		200,000		201,248
Land O’Lakes, Inc.
7.00%, 09/18/2028 (C) (E)		4,470,000		3,374,850
Mars, Inc.
4.65%, 04/20/2031 (C)		37,000		36,840
McCormick & Co., Inc.
4.95%, 04/15/2033		32,000		31,935
Nestle Holdings, Inc.
3.50%, 09/24/2025 (C)		354,000		348,266
5.25%, 03/13/2026 (C)		153,000		155,291

Transamerica Funds Page 5  

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Food Products (continued)
Sigma Alimentos SA de CV
4.13%, 05/02/2026 (D)		$  460,000		$  447,021
Smithfield Foods, Inc.
5.20%, 04/01/2029 (C)		68,000		65,631
				5,698,255
Gas Utilities - 0.2%
Ferrellgas LP/Ferrellgas Finance Corp.
5.38%, 04/01/2026 (C)		135,000		133,003
Grupo Energia Bogota SA ESP
4.88%, 05/15/2030 (D)		320,000		301,749
KeySpan Gas East Corp.
5.99%, 03/06/2033 (C)		78,000		78,967
Promigas SA ESP/Gases del Pacifico SAC
3.75%, 10/16/2029 (D)		250,000		217,679
				731,398
Ground Transportation - 0.1%
Canadian Pacific Railway Co.
1.35%, 12/02/2024		199,000		192,529
CSX Corp.
3.25%, 06/01/2027		92,000		88,420
				280,949
Health Care Equipment & Supplies - 0.1%
Agilent Technologies, Inc.
2.30%, 03/12/2031		146,000		124,906
GE HealthCare Technologies, Inc.
5.65%, 11/15/2027		251,000		258,842
Stryker Corp.
4.85%, 12/08/2028		64,000		64,619
				448,367
Health Care Providers & Services - 0.5%
Cardinal Health, Inc.
4.60%, 03/15/2043		146,000		128,522
CHS/Community Health Systems, Inc.
5.63%, 03/15/2027 (C)		278,000		256,847
Cigna Group
2.40%, 03/15/2030		53,000		46,257
CVS Health Corp.
4.78%, 03/25/2038		220,000		206,399
DaVita, Inc.
4.63%, 06/01/2030 (C)		75,000		66,363
HCA, Inc.
3.38%, 03/15/2029		23,000		21,227
3.50%, 09/01/2030		138,000		125,113
Roche Holdings, Inc.
2.13%, 03/10/2025 (C)		261,000		253,783
5.49%, 11/13/2030 (C)		243,000		255,718
UnitedHealth Group, Inc.
3.75%, 07/15/2025		326,000		321,631
				1,681,860
Health Care REITs - 0.0% (A)
Omega Healthcare Investors, Inc.
3.38%, 02/01/2031		150,000		128,504
Hotel & Resort REITs - 0.0% (A)
Service Properties Trust
4.95%, 10/01/2029		110,000		91,431
5.50%, 12/15/2027		11,000		10,348
				101,779

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Hotels, Restaurants & Leisure - 2.9%
Caesars Entertainment, Inc.
4.63%, 10/15/2029 (C)		$  8,000		$  7,303
6.50%, 02/15/2032 (C) (H)		13,000		13,154
Carnival Corp.
6.00%, 05/01/2029 (C)		230,000		222,842
10.50%, 06/01/2030 (C)		115,000		126,270
CEC Entertainment LLC
6.75%, 05/01/2026 (C)		133,000		132,128
Champion Path Holdings Ltd.
4.50%, 01/27/2026 (D)		200,000		188,993
Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.
6.75%, 01/15/2030 (C)		70,000		62,941
Fortune Star BVI Ltd.
5.00%, 05/18/2026 (D)		200,000		166,283
5.95%, 10/19/2025 (D)		200,000		180,000
6.85%, 07/02/2024 (D)		350,000		340,725
GENM Capital Labuan Ltd.
3.88%, 04/19/2031 (D)		740,000		638,315
Gohl Capital Ltd.
4.25%, 01/24/2027 (D)		310,000		298,404
Hyatt Hotels Corp.
5.75%, 01/30/2027		37,000		37,836
Marriott International, Inc.
2.85%, 04/15/2031		220,000		190,843
4.90%, 04/15/2029		28,000		28,158
McDonald’s Corp.
3.30%, 07/01/2025		287,000		281,103
4.80%, 08/14/2028		146,000		148,175
Meituan
3.05%, 10/28/2030 (D)		480,000		408,569
Melco Resorts Finance Ltd.
4.88%, 06/06/2025 (D)		800,000		778,000
5.25%, 04/26/2026 (D)		200,000		191,250
5.38%, 12/04/2029 (C)		210,000		185,600
MGM China Holdings Ltd.
5.38%, 05/15/2024 (D)		1,100,000		1,092,296
NCL Corp. Ltd.
5.88%, 03/15/2026 (C)		185,000		180,491
7.75%, 02/15/2029 (C)		7,000		7,067
Raising Cane’s Restaurants LLC
9.38%, 05/01/2029 (C)		54,000		58,099
Sands China Ltd.
4.05%, 01/08/2026		200,000		192,615
5.65%, 08/08/2028		350,000		343,999
Studio City Co. Ltd.
7.00%, 02/15/2027 (D)		500,000		494,087
Studio City Finance Ltd.
5.00%, 01/15/2029 (D)		1,050,000		896,438
6.50%, 01/15/2028 (D)		200,000		185,500
Travel & Leisure Co.
6.00%, 04/01/2027		115,000		115,027
Warnermedia Holdings, Inc.
3.64%, 03/15/2025		27,000		26,483
4.05%, 03/15/2029		91,000		86,106
4.28%, 03/15/2032		47,000		42,983
5.05%, 03/15/2042		138,000		122,059
Wynn Macau Ltd.
5.50%, 01/15/2026 (D)		800,000		774,800
5.63%, 08/26/2028 (D)		200,000		186,183
				9,431,125
Independent Power & Renewable Electricity Producers - 0.1%
Calpine Corp.
5.00%, 02/01/2031 (C)		153,000		138,817

Transamerica Funds Page 6  

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Independent Power & Renewable Electricity Producers (continued)
Clearway Energy Operating LLC
3.75%, 01/15/2032 (C)		$  60,000		$  50,962
NextEra Energy Operating Partners LP
7.25%, 01/15/2029 (C)		125,000		128,759
NRG Energy, Inc.
3.63%, 02/15/2031 (C)		185,000		158,540
				477,078
Insurance - 0.8%
Americo Life, Inc.
3.45%, 04/15/2031 (C)		129,000		101,423
Athene Global Funding
1.73%, 10/02/2026 (C)		153,000		138,727
Enstar Group Ltd.
4.95%, 06/01/2029		159,000		155,397
Jones Deslauriers Insurance Management, Inc.
8.50%, 03/15/2030 (C)		128,000		132,800
Liberty Mutual Group, Inc.
4.30%, 02/01/2061 (C)		1,822,000		1,184,765
Northwestern Mutual Global Funding
4.35%, 09/15/2027 (C)		56,000		55,099
Ryan Specialty LLC
4.38%, 02/01/2030 (C)		55,000		50,991
Security Benefit Global Funding
1.25%, 05/17/2024 (C)		160,000		157,852
Sumitomo Life Insurance Co.
Fixed until 01/18/2034 (E), 5.88% (B) (C)		405,000		404,892
Willis North America, Inc.
4.65%, 06/15/2027		122,000		121,002
				2,502,948
Interactive Media & Services - 0.3%
Alphabet, Inc.
0.45%, 08/15/2025		207,000		195,029
NAVER Corp.
1.50%, 03/29/2026 (D)		340,000		314,531
Tencent Holdings Ltd.
2.39%, 06/03/2030 (D) (F)		450,000		386,049
				895,609
Internet & Catalog Retail - 0.3%
Alibaba Group Holding Ltd.
4.20%, 12/06/2047		420,000		341,980
Amazon.com, Inc.
2.80%, 08/22/2024		197,000		194,376
3.30%, 04/13/2027		61,000		59,204
4.65%, 12/01/2029		249,000		253,913
Expedia Group, Inc.
2.95%, 03/15/2031		128,000		112,043
GrubHub Holdings, Inc.
5.50%, 07/01/2027 (C)		141,000		123,063
				1,084,579
IT Services - 0.1%
Ahead DB Holdings LLC
6.63%, 05/01/2028 (C)		150,000		131,812
CA Magnum Holdings
5.38%, 10/31/2026 (D)		265,000		248,391
Leidos, Inc.
5.75%, 03/15/2033		44,000		45,366
				425,569

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Life Sciences Tools & Services - 0.0% (A)
Thermo Fisher Scientific, Inc.
5.00%, 01/31/2029		$  53,000		$  54,187
Machinery - 0.4%
Caterpillar Financial Services Corp.
3.60%, 08/12/2027		372,000		363,720
5.40%, 03/10/2025		86,000		86,629
CNH Industrial Capital LLC
5.50%, 01/12/2029		75,000		77,084
Daimler Truck Finance North America LLC
5.13%, 01/19/2028 (C)		150,000		151,635
John Deere Capital Corp.
0.45%, 06/07/2024		108,000		106,244
4.95%, 07/14/2028		38,000		38,852
nVent Finance SARL
2.75%, 11/15/2031		225,000		186,567
Weir Group PLC
2.20%, 05/13/2026 (C)		259,000		240,864
				1,251,595
Media - 0.5%
Altice Financing SA
5.00%, 01/15/2028 (C)		330,000		296,248
CCO Holdings LLC/CCO Holdings Capital Corp.
4.50%, 08/15/2030 (C)		205,000		178,146
Charter Communications Operating LLC/Charter Communications Operating Capital
2.80%, 04/01/2031		230,000		190,107
3.50%, 06/01/2041		92,000		64,116
Comcast Corp.
3.40%, 04/01/2030		39,000		36,355
4.15%, 10/15/2028		170,000		167,426
Cox Communications, Inc.
5.45%, 09/15/2028 (C)		56,000		57,138
CSC Holdings LLC
5.75%, 01/15/2030 (C)		200,000		106,000
Paramount Global
Fixed until 03/30/2027, 6.38% (B), 03/30/2062		300,000		266,250
Univision Communications, Inc.
6.63%, 06/01/2027 (C)		130,000		128,612
				1,490,398
Metals & Mining - 1.6%
Anglo American Capital PLC
4.75%, 03/16/2052 (D)		400,000		344,981
5.50%, 05/02/2033 (C) (F)		310,000		309,684
Antofagasta PLC
5.63%, 05/13/2032 (D)		310,000		309,309
Cleveland-Cliffs, Inc.
4.63%, 03/01/2029 (C)		75,000		70,313
Enviri Corp.
5.75%, 07/31/2027 (C)		265,000		249,093
FMG Resources August 2006 Pty. Ltd.
4.38%, 04/01/2031 (C)		145,000		130,752
Gold Fields Orogen Holdings BVI Ltd.
6.13%, 05/15/2029 (D)		370,000		376,765
GUSAP III LP
4.25%, 01/21/2030 (D)		320,000		303,795
7.25%, 04/16/2044 (D)		200,000		217,261
Hudbay Minerals, Inc.
6.13%, 04/01/2029 (C)		50,000		49,272

Transamerica Funds Page 7  

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Metals & Mining (continued)
JSW Steel Ltd.
5.05%, 04/05/2032 (D)		$  400,000		$  354,492
Minera Mexico SA de CV
4.50%, 01/26/2050 (D)		540,000		421,327
Mineral Resources Ltd.
9.25%, 10/01/2028 (C)		184,000		193,780
Perenti Finance Pty. Ltd.
6.50%, 10/07/2025 (D)		650,000		638,625
POSCO
4.38%, 08/04/2025 (D)		300,000		295,800
4.88%, 01/23/2027 (C)		210,000		208,745
South32 Treasury Ltd.
4.35%, 04/14/2032 (C)		279,000		252,420
Vale Overseas Ltd.
6.13%, 06/12/2033		450,000		459,656
				5,186,070
Mortgage Real Estate Investment Trusts - 0.0% (A)
Apollo Commercial Real Estate Finance, Inc.
4.63%, 06/15/2029 (C)		160,000		134,022
Oil, Gas & Consumable Fuels - 4.1%
Apache Corp.
6.00%, 01/15/2037		45,000		44,464
BP Capital Markets America, Inc.
4.89%, 09/11/2033		250,000		250,906
Chevron Corp.
2.24%, 05/11/2030		184,000		163,038
Chevron USA, Inc.
3.90%, 11/15/2024		270,000		267,837
Civitas Resources, Inc.
8.75%, 07/01/2031 (C)		160,000		170,162
Comstock Resources, Inc.
5.88%, 01/15/2030 (C)		130,000		112,865
Crescent Energy Finance LLC
7.25%, 05/01/2026 (C)		129,000		128,516
EIG Pearl Holdings SARL
3.55%, 08/31/2036 (D)		300,000		252,930
4.39%, 11/30/2046 (D)		490,000		374,169
Energy Transfer LP
4.95%, 05/15/2028		201,000		200,388
6.40%, 12/01/2030		50,000		53,136
Fixed until 02/15/2029, 8.00% (B), 05/15/2054		2,000,000		2,070,200
EnLink Midstream Partners LP
3-Month Term SOFR + 4.37%, 9.76% (B), 03/04/2024 (E)		1,400,000		1,312,500
Enterprise Products Operating LLC
4.60%, 01/11/2027		80,000		80,210
EQT Corp.
3.63%, 05/15/2031 (C)		171,000		152,356
Galaxy Pipeline Assets Bidco Ltd.
2.94%, 09/30/2040 (D)		559,872		448,200
Genesis Energy LP/Genesis Energy Finance Corp.
8.88%, 04/15/2030		215,000		224,936
GNL Quintero SA
4.63%, 07/31/2029 (D)		536,560		528,265
Greensaif Pipelines Bidco SARL
6.13%, 02/23/2038 (D)		470,000		480,498
Harvest Midstream I LP
7.50%, 09/01/2028 (C)		129,000		130,308
HF Sinclair Corp.
5.00%, 02/01/2028 (C)		57,000		55,292

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Oil, Gas & Consumable Fuels (continued)
Hilcorp Energy I LP/Hilcorp Finance Co.
6.00%, 02/01/2031 (C)		$  185,000		$  177,654
Howard Midstream Energy Partners LLC
8.88%, 07/15/2028 (C)		170,000		178,546
Indika Energy Capital IV Pte. Ltd.
8.25%, 10/22/2025 (D)		875,000		874,185
ITT Holdings LLC
6.50%, 08/01/2029 (C)		195,000		170,568
Kodiak Gas Services LLC
7.25%, 02/15/2029 (C)		15,000		15,161
Medco Oak Tree Pte. Ltd.
7.38%, 05/14/2026 (D)		839,000		834,805
NGL Energy Operating LLC/NGL Energy Finance Corp.
7.50%, 02/01/2026 (C)		111,000		113,109
8.13%, 02/15/2029 (C) (H)		15,000		15,079
8.38%, 02/15/2032 (C) (H)		43,000		43,331
Occidental Petroleum Corp.
6.13%, 01/01/2031		82,000		85,132
Pertamina Persero PT
3.10%, 08/27/2030 (D)		300,000		266,532
6.45%, 05/30/2044 (D)		300,000		316,557
Petroleos Mexicanos
10.00%, 02/07/2033 (F)		727,000		719,149
Pioneer Natural Resources Co.
5.10%, 03/29/2026		44,000		44,303
Plains All American Pipeline LP/PAA Finance Corp.
6.65%, 01/15/2037		14,000		15,055
Reliance Industries Ltd.
2.88%, 01/12/2032 (D)		360,000		307,053
Saudi Arabian Oil Co.
3.50%, 11/24/2070 (D)		500,000		318,750
Strathcona Resources Ltd.
6.88%, 08/01/2026 (C) (F)		176,000		174,309
Talos Production, Inc.
9.00%, 02/01/2029 (C) (H)		15,000		15,200
9.38%, 02/01/2031 (C) (H)		46,000		47,044
Targa Resources Corp.
6.15%, 03/01/2029		52,000		54,313
Targa Resources Partners LP/Targa Resources Partners Finance Corp.
6.50%, 07/15/2027		184,000		187,266
Transportadora de Gas del Peru SA
4.25%, 04/30/2028 (D)		620,000		605,816
Vital Energy, Inc.
9.75%, 10/15/2030		159,000		169,059
Williams Cos., Inc.
5.75%, 06/24/2044		201,000		203,410
				13,452,562
Paper & Forest Products - 0.2%
Georgia-Pacific LLC
0.95%, 05/15/2026 (C)		143,000		131,275
Inversiones CMPC SA
3.85%, 01/13/2030 (D)		330,000		300,511
Suzano Austria GmbH
5.00%, 01/15/2030		320,000		304,790
				736,576
Passenger Airlines - 0.2%
American Airlines, Inc.
7.25%, 02/15/2028 (C) (F)		218,000		221,602
British Airways Pass-Through Trust
2.90%, 09/15/2036 (C)		46,243		39,925

Transamerica Funds Page 8  

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Passenger Airlines (continued)
Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd.
5.75%, 01/20/2026 (C)		$  198,192		$  185,310
United Airlines, Inc.
4.63%, 04/15/2029 (C)		145,000		134,297
				581,134
Personal Care Products - 0.2%
Estee Lauder Cos., Inc.
4.38%, 05/15/2028		57,000		56,915
Haleon UK Capital PLC
3.13%, 03/24/2025		258,000		252,405
HLF Financing SARL LLC/Herbalife International, Inc.
4.88%, 06/01/2029 (C)		235,000		183,594
Kenvue, Inc.
4.90%, 03/22/2033		48,000		48,910
Procter & Gamble Co.
2.85%, 08/11/2027		115,000		110,105
3.95%, 01/26/2028		88,000		87,648
				739,577
Pharmaceuticals - 0.4%
AbbVie, Inc.
3.20%, 11/21/2029		367,000		341,791
Astrazeneca Finance LLC
4.88%, 03/03/2028		86,000		87,375
4.90%, 03/03/2030		91,000		93,411
Becton Dickinson & Co.
4.30%, 08/22/2032		69,000		66,400
4.69%, 02/13/2028		85,000		84,949
Bristol-Myers Squibb Co.
2.95%, 03/15/2032		190,000		167,391
Merck & Co., Inc.
4.30%, 05/17/2030		127,000		126,189
Pfizer Investment Enterprises Pte. Ltd.
4.75%, 05/19/2033		67,000		66,875
Viatris, Inc.
1.65%, 06/22/2025		296,000		281,121
Zoetis, Inc.
5.60%, 11/16/2032		43,000		45,442
				1,360,944
Professional Services - 0.2%
Mobius Merger Sub, Inc.
9.00%, 06/01/2030 (C)		20,000		19,759
MPH Acquisition Holdings LLC
5.75%, 11/01/2028 (C)		57,000		45,353
S&P Global, Inc.
2.70%, 03/01/2029		469,000		431,267
				496,379
Real Estate Management & Development - 1.5%
Cushman & Wakefield US Borrower LLC
6.75%, 05/15/2028 (C) (F)		140,000		138,393
Elect Global Investments Ltd.
Fixed until 06/03/2025 (E), 4.10% (B) (D)		250,000		212,750
4.85%, 03/01/2024 (D) (E)		650,000		429,345
Emaar Sukuk Ltd.
3.64%, 09/15/2026 (D)		310,000		296,438
GLP China Holdings Ltd.
2.95%, 03/29/2026 (D)		200,000		138,095
4.97%, 02/26/2024 (D)		270,000		266,004
GLP Pte. Ltd.
3.88%, 06/04/2025 (D)		200,000		151,750

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Real Estate Management & Development (continued)
Hopson Development Holdings Ltd.
7.00%, 05/18/2024 (D)		$  200,000		$  189,900
Kennedy-Wilson, Inc.
4.75%, 03/01/2029		217,000		181,672
Longfor Group Holdings Ltd.
3.38%, 04/13/2027 (D)		250,000		132,613
4.50%, 01/16/2028 (D)		200,000		108,205
New Metro Global Ltd.
4.80%, 12/15/2024 (D)		200,000		89,000
New World China Land Ltd.
4.75%, 01/23/2027 (D)		400,000		345,998
NWD Finance BVI Ltd.
4.80%, 03/01/2024 (D) (E)		400,000		164,440
6.25%, 03/07/2024 (D) (E)		350,000		182,088
Vanke Real Estate Hong Kong Co. Ltd.
4.20%, 06/07/2024 (D)		250,000		237,625
Yanlord Land HK Co. Ltd.
5.13%, 05/20/2026 (D)		1,000,000		700,654
6.80%, 02/27/2024 (D) (F)		793,000		785,466
				4,750,436
Retail REITs - 0.4%
Scentre Group Trust 2
Fixed until 06/24/2026, 4.75% (B), 09/24/2080 (D)		1,350,000		1,284,366
Semiconductors & Semiconductor Equipment - 0.4%
Broadcom, Inc.
2.45%, 02/15/2031 (C)		230,000		195,786
Intel Corp.
3.40%, 03/25/2025		312,000		306,894
Texas Instruments, Inc.
4.60%, 02/15/2028		184,000		185,976
TSMC Global Ltd.
1.25%, 04/23/2026 (D)		640,000		593,250
				1,281,906
Software - 0.3%
Capstone Borrower, Inc.
8.00%, 06/15/2030 (C)		155,000		160,845
Central Parent, Inc./CDK Global, Inc.
7.25%, 06/15/2029 (C)		85,000		86,599
Fiserv, Inc.
5.63%, 08/21/2033		69,000		71,789
McAfee Corp.
7.38%, 02/15/2030 (C)		155,000		140,303
Oracle Corp.
2.30%, 03/25/2028		310,000		281,295
4.90%, 02/06/2033		32,000		31,637
Rackspace Technology Global, Inc.
3.50%, 02/15/2028 (C)		335,000		131,194
				903,662
Specialty Retail - 0.1%
Ken Garff Automotive LLC
4.88%, 09/15/2028 (C)		70,000		64,955
Mavis Tire Express Services Topco Corp.
6.50%, 05/15/2029 (C)		110,000		101,156
O’Reilly Automotive, Inc.
5.75%, 11/20/2026		52,000		53,283
				219,394
Technology Hardware, Storage & Peripherals - 0.2%
Apple, Inc.
1.40%, 08/05/2028		425,000		376,865

Transamerica Funds Page 9  

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Technology Hardware, Storage & Peripherals (continued)
Booz Allen Hamilton, Inc.
5.95%, 08/04/2033		$  18,000		$  18,877
Hewlett Packard Enterprise Co.
1.75%, 04/01/2026		178,000		166,261
5.25%, 07/01/2028		84,000		85,320
				647,323
Trading Companies & Distributors - 0.0% (A)
GATX Corp.
6.05%, 03/15/2034		48,000		49,909
Transportation Infrastructure - 0.7%
DP World Ltd.
5.63%, 09/25/2048 (D)		540,000		501,353
FedEx Corp. Pass-Through Trust
1.88%, 08/20/2035		39,460		33,026
India Airport Infra
6.25%, 10/25/2025 (D)		1,000,000		992,500
Penske Truck Leasing Co. LP/PTL Finance Corp.
5.35%, 01/12/2027 (C)		12,000		12,070
5.70%, 02/01/2028 (C)		119,000		121,546
6.05%, 08/01/2028 (C)		54,000		56,068
6.20%, 06/15/2030 (C)		36,000		37,824
Ryder System, Inc.
5.25%, 06/01/2028		55,000		55,903
6.60%, 12/01/2033		68,000		74,156
United Parcel Service, Inc.
3.90%, 04/01/2025		124,000		122,760
Yunda Holding Investment Ltd.
2.25%, 08/19/2025 (D)		330,000		307,059
				2,314,265
Wireless Telecommunication Services - 0.3%
Altice France SA
5.13%, 07/15/2029 (C)		240,000		176,023
America Movil SAB de CV
4.70%, 07/21/2032		570,000		556,883
T-Mobile USA, Inc.
3.38%, 04/15/2029		312,000		289,794
Vodafone Group PLC
4.38%, 02/19/2043		115,000		100,251
				1,122,951
Total Corporate Debt Securities (Cost $128,243,681)				125,649,452
FOREIGN GOVERNMENT OBLIGATIONS - 2.8%
Brazil - 0.5%
Brazil Notas do Tesouro Nacional
Series F,
10.00%, 01/01/2029 - 01/01/2031		BRL 8,000,000		1,604,055
Canada - 0.0% (A)
Province of British Columbia
4.20%, 07/06/2033		$ 129,000		127,215
Colombia - 0.5%
Colombia TES
Series B,
6.00%, 04/28/2028		COP 2,500,000,000		578,888
7.25%, 10/18/2034		5,000,000,000		1,088,078
				1,666,966

	Principal		Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Indonesia - 0.4%
Indonesia Treasury Bonds
7.00%, 02/15/2033		IDR 10,000,000,000		$  650,501
7.50%, 05/15/2038		10,000,000,000		673,162
				1,323,663
Japan - 0.1%
Development Bank of Japan, Inc.
1.75%, 02/18/2025 (C)		$ 360,000		347,699
Mexico - 0.3%
Mexico Bonos
Series M,
5.75%, 03/05/2026		MXN 15,000,000		803,532
Mexico Government International Bonds
6.34%, 05/04/2053		$ 200,000		199,254
				1,002,786
Peru - 0.2%
Peru Government Bonds
6.90%, 08/12/2037		PEN 2,500,000		663,271
Republic of Korea - 0.1%
Industrial Bank of Korea
1.04%, 06/22/2025 (C)		$ 206,000		195,127
Republic of South Africa - 0.4%
Republic of South Africa Government Bonds
8.50%, 01/31/2037		ZAR  30,000,000		1,247,750
Saudi Arabia - 0.1%
Saudi Government International Bonds
5.00%, 01/16/2034 (C)		$ 300,000		298,870
Supranational - 0.2%
Asian Development Bank
1.88%, 01/24/2030		230,000		203,151
European Bank for Reconstruction & Development
1.50%, 02/13/2025		193,000		186,686
Inter-American Development Bank
4.00%, 01/12/2028		184,000		183,577
International Bank for Reconstruction & Development
3.13%, 11/20/2025		151,000		147,664
				721,078
Total Foreign Government Obligations (Cost $8,786,302)				9,198,480
LOAN ASSIGNMENTS - 6.7%
Aerospace & Defense - 0.1%
Cobham Ultra SeniorCo SARL
Term Loan B,
6-Month Term SOFR + 3.50%, 9.36% (B), 08/03/2029		206,888		204,043

Transamerica Funds Page 10  

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

	Principal		Value
LOAN ASSIGNMENTS (continued)
Aerospace & Defense (continued)
Spirit Aerosystems, Inc.
Term Loan,
3-Month Term SOFR + 4.25%, 9.56% (B), 01/15/2027		$  126,801		$  126,643
TransDigm, Inc.
Term Loan I,
3-Month Term SOFR + 3.25%, 8.60% (B), 08/24/2028		103,115		103,140
				433,826
Air Freight & Logistics - 0.1%
Kenan Advantage Group, Inc.
Term Loan B3,
TBD, 01/25/2029 (H) (I)		220,000		219,725
Automobile Components - 0.0% (A)
USI, Inc.
Term Loan B,
3-Month Term SOFR + 3.00%, 8.35% (B), 11/22/2029		156,295		155,877
Automobiles - 0.0% (A)
Wand NewCo 3, Inc.
Term Loan B,
TBD, 01/30/2031 (H) (I)		45,886		45,900
Beverages - 0.0% (A)
Sunshine Investments BV
Term Loan,
3-Month Term SOFR + 4.25%, 9.63% (B), 07/12/2029		156,026		155,961
Building Products - 0.1%
Foley Products Co. LLC
Term Loan,
3-Month Term SOFR + 4.75%, 10.25% (B), 12/29/2028		201,151		201,151
LBM Acquisition LLC
Term Loan B,
1-Month Term SOFR + 3.75%, 9.18% (B), 12/17/2027		176,460		174,818
				375,969
Capital Markets - 0.2%
Advisor Group, Inc.
Term Loan B,
1-Month Term SOFR + 4.50%, 9.83% (B), 08/17/2028 (H)		127,369		127,123
HighTower Holdings LLC
Term Loan B,
3-Month Term SOFR + 4.00%, 9.59% (B), 04/21/2028		178,350		177,792
ION Trading Finance Ltd.
Term Loan,
3-Month Term SOFR + 4.75%, 10.20% (B), 04/03/2028		138,462		135,866
NEXUS Buyer LLC
Term Loan B2,
1-Month Term SOFR + 4.50%, 9.83% (B), 12/13/2028 (H)		227,891		223,902
				664,683

	Principal		Value
LOAN ASSIGNMENTS (continued)
Chemicals - 0.0% (A)
Nouryon Finance BV
Term Loan B,
3-Month Term SOFR + 4.00%, 9.47% (B), 04/03/2028		$  98,615		$  98,368
Commercial Services & Supplies - 0.6%
Allied Universal Holdco LLC
Term Loan B,
1-Month Term SOFR + 4.75%, 10.08% (B), 05/12/2028		270,371		268,766
APX Group, Inc.
Term Loan B,
Prime Rate + 2.25%, 1-Month Term SOFR + 3.25%, 8.70% - 10.75% (B), 07/10/2028		228,071		227,908
Asurion LLC
2nd Lien Term Loan B4,
1-Month Term SOFR + 5.25%, 10.70% (B), 01/20/2029		225,548		213,354
Term Loan B9,
1-Month Term SOFR + 3.25%, 8.70% (B), 07/31/2027		274,598		270,332
Creative Artists Agency LLC
Term Loan B,
1-Month Term SOFR + 3.50%, 8.83% (B), 11/27/2028		288,264		288,213
Foundever Worldwide Corp.
Term Loan,
1-Month Term SOFR + 3.75%, 9.20% (B), 08/28/2028		111,336		107,244
Garda World Security Corp.
Term Loan B,
3-Month Term SOFR + 4.25%, 9.72% (B), 10/30/2026		154,191		154,215
Groupe Solmax, Inc.
Term Loan,
1-Month Term SOFR + 4.75%, 3-Month Term SOFR + 4.75%, 10.09% - 10.36% (B), 05/29/2028		107,942		103,917
Prometric Holdings, Inc.
1st Lien Term Loan,
1-Month Term SOFR + 5.25%, 10.70% (B), 01/31/2028		109,699		109,608
PUG LLC
Term Loan B,
1-Month Term SOFR + 4.25%, 9.70% (B), 02/12/2027		136,558		134,851
Sotheby’s
Term Loan B,
3-Month Term SOFR + 4.50%, 10.08% (B), 01/15/2027		155,406		153,735
				2,032,143
Communications Equipment - 0.1%
ViaSat, Inc.
Term Loan,
1-Month Term SOFR + 4.50%, 9.83% (B), 03/02/2029		221,078		216,887
Construction & Engineering - 0.1%
Osmose Utilities Services, Inc.
Term Loan,
1-Month Term SOFR + 3.25%, 8.70% (B), 06/23/2028		177,781		176,558

Transamerica Funds Page 11  

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

	Principal		Value
LOAN ASSIGNMENTS (continued)
Construction & Engineering (continued)
USIC Holdings, Inc.
Term Loan,
3-Month Term SOFR + 3.50%, 9.11% (B), 05/12/2028		$  186,144		$  184,554
VM Consolidated, Inc.
Term Loan B,
1-Month Term SOFR + 3.25%, 8.70% (B), 03/24/2028		127,662		127,742
				488,854
Containers & Packaging - 0.2%
Charter NEX US, Inc.
Term Loan,
TBD, 12/01/2027 (I)		254,456		253,007
LABL, Inc.
1st Lien Term Loan,
1-Month Term SOFR + 5.00%, 10.43% (B), 10/29/2028		128,738		122,301
Reynolds Group Holdings, Inc.
Term Loan B,
1-Month Term SOFR + 3.25%, 8.70% (B), 09/24/2028		126,411		126,385
Trident TPI Holdings, Inc.
Term Loan B3,
3-Month Term SOFR + 4.00%, 9.61% (B), 09/15/2028		147,604		147,070
				648,763
Distributors - 0.2%
PAI Holdco, Inc.
Term Loan B,
3-Month Term SOFR + 3.75%, 9.32% (B), 10/28/2027		133,551		126,651
Patriot Container Corp.
1st Lien Term Loan,
1-Month Term SOFR + 3.75%, 9.18% (B), 03/20/2025		147,258		142,840
RelaDyne, Inc.
Term Loan B,
1-Month Term SOFR + 4.25%, 9.58% (B), 12/22/2028		249,912		248,975
Windsor Holdings III LLC
Term Loan B,
1-Month Term SOFR + 4.50%, 9.85% (B), 08/01/2030		220,928		220,866
				739,332
Diversified REITs - 0.1%
Apollo Commercial Real Estate Finance, Inc.
Term Loan B1,
1-Month Term SOFR + 3.50%, 8.95% (B), 03/11/2028		238,682		234,505
Claros Mortgage Trust, Inc.
Term Loan B,
1-Month Term SOFR + 4.50%, 9.94% (B), 08/09/2026		216,966		207,745
				442,250

	Principal		Value
LOAN ASSIGNMENTS (continued)
Diversified Telecommunication Services - 0.1%
Connect Finco SARL
Term Loan B,
1-Month Term SOFR + 3.50%, 8.83% (B), 12/11/2026		$  203,987		$  203,578
Telesat Canada
Term Loan B5,
3-Month Term SOFR + 2.75%, 8.40% (B), 12/07/2026		149,666		90,595
				294,173
Electronic Equipment, Instruments & Components - 0.1%
Verifone Systems, Inc.
1st Lien Term Loan,
3-Month Term SOFR + 4.00%, 9.64% (B), 08/20/2025		179,388		171,540
Financial Services - 0.1%
Fly Funding II SARL
Term Loan B,
3-Month LIBOR + 1.75%, 7.38% (B), 08/11/2025		190,000		179,407
Food Products - 0.0% (A)
Upfield BV
Term Loan B7,
TBD, 01/02/2028 (H) (I)		125,000		123,594
Ground Transportation - 0.1%
Avis Budget Car Rental LLC
Term Loan C,
1-Month Term SOFR + 3.00%, 8.43% (B), 03/16/2029		111,885		111,885
PODS LLC
Term Loan B,
1-Month Term SOFR + 3.00%, 8.45% (B), 03/31/2028		107,694		104,617
				216,502
Health Care Equipment & Supplies - 0.1%
Medline Borrower LP
Term Loan B,
1-Month Term SOFR + 3.00%, 8.45% (B), 10/23/2028		299,300		298,770
Health Care Providers & Services - 0.4%
Bella Holding Co. LLC
Term Loan B,
1-Month Term SOFR + 3.75%, 9.18% (B), 05/10/2028		170,217		169,578
CHG Healthcare Services, Inc.
Term Loan,
1-Month Term SOFR + 3.25%, 8.70% (B), 09/29/2028		188,325		187,518
Covetrus, Inc.
Term Loan,
3-Month Term SOFR + 5.00%, 10.35% (B), 10/13/2029		152,552		152,144
Gainwell Acquisition Corp.
Term Loan B,
3-Month Term SOFR + 4.00%, 9.45% (B), 10/01/2027		176,355		171,119
Radnet Management, Inc.
Term Loan,
3-Month Term SOFR + 3.00%, 8.57% (B), 04/21/2028		219,887		219,805

Transamerica Funds Page 12  

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

	Principal		Value
LOAN ASSIGNMENTS (continued)
Health Care Providers & Services (continued)
Select Medical Corp.
Term Loan B1,
1-Month Term SOFR + 3.00%, 8.33% (B), 03/06/2027		$  165,917		$  165,606
Sotera Health Holdings LLC
Term Loan B,
1-Month Term SOFR + 3.75%, 9.09% (B), 12/11/2026		159,813		159,614
Team Health Holdings, Inc.
Term Loan B,
1-Month Term SOFR + 5.25%, 3-Month Term SOFR + 5.25%, 10.56% - 10.58% (B), 03/02/2027		158,391		130,871
				1,356,255
Health Care Technology - 0.1%
Athenahealth Group, Inc.
Term Loan B,
1-Month Term SOFR + 3.25%, 8.58% (B), 02/15/2029		258,272		254,236
Navicure, Inc.
Term Loan B,
1-Month Term SOFR + 4.00%, 9.45% (B), 10/22/2026		153,691		153,595
				407,831
Hotels, Restaurants & Leisure - 0.6%
Aimbridge Acquisition Co., Inc.
Term Loan B,
1-Month Term SOFR + 3.75%, 9.20% (B), 02/02/2026		177,690		169,102
Carnival Corp.
Term Loan B,
1-Month Term SOFR + 3.25%, 8.70% (B), 10/18/2028		249,656		249,343
Dave & Buster’s, Inc.
Term Loan B,
1-Month Term SOFR + 3.25%, 8.63% (B), 06/29/2029 (H)		126,735		126,542
Fertitta Entertainment LLC
Term Loan B,
1-Month Term SOFR + 4.00%, 9.33% (B), 01/27/2029		149,259		148,806
Fogo De Chao, Inc.
Term Loan B,
1-Month Term SOFR + 4.75%, 10.08% (B), 09/30/2030		154,311		152,446
Motion Finco SARL
Term Loan B,
TBD, 11/12/2029 (H) (I)		132,405		131,495
Ontario Gaming GTA LP
Term Loan B,
3-Month Term SOFR + 4.25%, 9.60% (B), 08/01/2030		100,571		100,650
PF Chang’s China Bistro, Inc.
Term Loan B,
1-Month Term SOFR + 6.25%, 3-Month Term SOFR + 6.25%, 11.68% - 11.71% (B), 03/01/2026		139,708		138,310
Playa Resorts Holding BV
Term Loan B,
1-Month Term SOFR + 3.25%, 8.58% (B), 01/05/2029		154,044		153,788

	Principal		Value
LOAN ASSIGNMENTS (continued)
Hotels, Restaurants & Leisure (continued)
Scientific Games Holdings LP
Term Loan B,
3-Month Term SOFR + 3.25%, 8.58% (B), 04/04/2029		$  103,594		$  102,673
SeaWorld Parks & Entertainment, Inc.
Term Loan B,
1-Month Term SOFR + 2.50%, 7.83% (B), 08/25/2028		228,807		228,235
Travel & Leisure Co.
Term Loan B,
1-Month Term SOFR + 3.25%, 8.69% (B), 12/14/2029		229,932		229,836
Whatabrands LLC
Term Loan B,
TBD, 08/03/2028 (H) (I)		19,774		19,705
William Morris Endeavor Entertainment LLC
1st Lien Term Loan,
1-Month Term SOFR + 2.75%, 8.20% (B), 05/18/2025		155,410		155,281
				2,106,212
Insurance - 0.3%
Alliant Holdings Intermediate LLC
Term Loan B6,
1-Month Term SOFR + 3.50%, 8.83% (B), 11/06/2030		119,599		119,754
Broadstreet Partners, Inc.
Term Loan B2,
1-Month Term SOFR + 3.25%, 8.70% (B), 01/27/2027		134,338		133,957
Term Loan B3,
1-Month Term SOFR + 3.75%, 9.08% (B), 01/27/2029		27,195		27,148
Hub International Ltd.
Term Loan B,
TBD, 06/20/2030 (I)		253,222		253,222
Hyperion Insurance Group Ltd.
Term Loan B,
1-Month LIBOR + 0.00%, 8.75% (B), 11/12/2027		130,910		130,723
NFP Corp.
Term Loan,
1-Month Term SOFR + 3.25%, 8.70% (B), 02/16/2027		206,885		206,989
Sedgwick Claims Management Services, Inc.
Term Loan B,
1-Month Term SOFR + 3.75%, 9.08% (B), 02/24/2028		151,825		151,783
				1,023,576
Internet & Catalog Retail - 0.1%
CNT Holdings I Corp.
Term Loan,
3-Month Term SOFR + 3.50%, 8.83% (B), 11/08/2027		218,641		218,026
IT Services - 0.2%
Ahead DB Holdings LLC
Term Loan B,
TBD, 01/24/2031 (H) (I)		101,673		101,080

Transamerica Funds Page 13  

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

	Principal		Value
LOAN ASSIGNMENTS (continued)
IT Services (continued)
Amentum Government Services Holdings LLC
Term Loan,
1-Month Term SOFR + 4.00%, 9.34% (B), 02/15/2029		$  152,529		$  152,212
Moneygram International, Inc.
Term Loan B,
3-Month Term SOFR + 5.50%, 10.88% (B), 06/01/2030		140,867		137,873
Peraton Corp.
Term Loan B,
1-Month Term SOFR + 3.75%, 9.18% (B), 02/01/2028		176,149		175,733
				566,898
Life Sciences Tools & Services - 0.1%
Parexel International Corp.
1st Lien Term Loan,
1-Month Term SOFR + 3.25%, 8.70% (B), 11/15/2028		227,558		226,818
Machinery - 0.2%
CD&R Hydra Buyer, Inc.
Term Loan,
1-Month Term SOFR + 4.25%, 9.68% (B), 12/11/2024		134,896		135,107
Filtration Group Corp.
Term Loan,
1-Month Term SOFR + 3.50%, 8.95% (B), 10/21/2028		157,185		156,910
OEConnection LLC
Term Loan B,
1-Month Term SOFR + 4.00%, 3-Month Term SOFR + 4.00%, 9.43% - 9.44% (B), 09/25/2026		104,553		104,226
Vertical US Newco, Inc.
Term Loan B,
6-Month Term SOFR + 3.50%, 9.08% (B), 07/30/2027		129,921		129,840
				526,083
Media - 0.3%
ABG Intermediate Holdings 2 LLC
Term Loan B1,
1-Month Term SOFR + 4.00%, 8.93% (B), 12/21/2028 (H)		204,096		204,479
CSC Holdings LLC
Term Loan B5,
1-Month LIBOR + 2.50%, 7.95% (B), 04/15/2027		189,694		180,209
United Talent Agency LLC
Term Loan B,
3-Month Term SOFR + 4.00%, 9.65% (B), 07/07/2028		152,348		152,158
Univision Communications, Inc.
1st Lien Term Loan B,
1-Month Term SOFR + 3.25%, 8.70% (B), 03/15/2026		289,999		289,556
Virgin Media Bristol LLC
Term Loan Q,
1-Month Term SOFR + 3.25%, 8.70% (B), 01/31/2029		152,000		150,543
				976,945

	Principal		Value
LOAN ASSIGNMENTS (continued)
Metals & Mining - 0.1%
US Silica Co.
Term Loan B,
1-Month Term SOFR + 4.75%, 10.18% (B), 03/25/2030		$  193,400		$  193,521
Oil, Gas & Consumable Fuels - 0.3%
CQP Holdco LP
Term Loan,
3-Month Term SOFR + 3.00%, 8.35% (B), 12/31/2030		123,386		123,112
EG Group Ltd.
Term Loan B,
3-Month Term SOFR + 5.50%, 11.24% (B), 02/07/2028 (H)		229,425		225,410
ITT Holdings LLC
Term Loan B,
1-Month Term SOFR + 3.25%, 8.59% (B), 10/05/2030		150,503		149,986
M6 ETX Holdings II Midco LLC
Term Loan B,
1-Month Term SOFR + 4.50%, 9.94% (B), 09/19/2029		156,561		156,513
Medallion Midland Acquisition LLC
Term Loan,
3-Month Term SOFR + 3.50%, 8.86% (B), 10/18/2028		152,447		152,161
NGL Energy Partners LP
Term Loan B,
TBD, 02/03/2031 (H) (I)		47,420		47,301
Wood Mackenzie Ltd.
Term Loan B,
TBD, 01/31/2031 (I)		60,556		60,480
				914,963
Passenger Airlines - 0.3%
Air Canada
Term Loan B,
3-Month Term SOFR + 3.50%, 9.14% (B), 08/11/2028		148,542		148,542
American Airlines, Inc.
Term Loan,
3-Month Term SOFR + 4.75%, 10.33% (B), 04/20/2028		96,376		98,610
American Airlines, Inc.
1st Lien Term Loan,
3-Month Term SOFR + 3.50%, 8.87% (B), 06/04/2029		56,540		56,425
Kestrel Bidco, Inc.
Term Loan B,
1-Month Term SOFR + 3.00%, 8.44% (B), 12/11/2026		156,397		155,986
United Airlines, Inc.
Term Loan B,
1-Month Term SOFR + 3.75%, 9.20% (B), 04/21/2028		244,647		244,681
WestJet Loyalty LP
Term Loan B,
TBD, 01/31/2031 (I)		241,228		238,816
				943,060

Transamerica Funds Page 14  

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

	Principal		Value
LOAN ASSIGNMENTS (continued)
Professional Services - 0.1%
KUEHG Corp.
Term Loan,
3-Month Term SOFR + 5.00%, 10.35% (B), 06/12/2030		$  153,809		$  153,833
MPH Acquisition Holdings LLC
Term Loan B,
3-Month Term SOFR + 4.25%, 9.90% (B), 09/01/2028		144,080		137,394
Verscend Holding Corp.
Term Loan B,
1-Month Term SOFR + 4.00%, 9.45% (B), 08/27/2025		149,251		149,158
				440,385
Real Estate Management & Development - 0.0% (A)
Cushman & Wakefield US Borrower LLC
Term Loan B,
1-Month Term SOFR + 4.00%, 9.33% (B), 01/31/2030		161,911		160,494
Software - 0.8%
Applied Systems, Inc.
1st Lien Term Loan,
3-Month Term SOFR + 4.50%, 9.85% (B), 09/18/2026		103,957		104,185
Barracuda Networks, Inc.
Term Loan,
3-Month Term SOFR + 4.50%, 9.81% (B), 08/15/2029		156,428		151,696
Central Parent, Inc.
Term Loan B,
3-Month Term SOFR + 4.00%, 9.35% (B), 07/06/2029		154,601		154,762
DCert Buyer, Inc.
2nd Lien Term Loan,
1-Month Term SOFR + 7.00%, 12.33% (B), 02/19/2029		71,488		65,203
Term Loan B,
1-Month Term SOFR + 4.00%, 9.33% (B), 10/16/2026		256,188		254,309
Greeneden US Holdings II LLC
Term Loan B4,
1-Month Term SOFR + 4.00%, 9.45% (B), 12/01/2027		202,053		202,084
Helios Software Holdings, Inc.
Term Loan,
TBD, 07/18/2030 (H) (I)		78,837		77,457
Term Loan B,
3-Month Term SOFR + 3.75%, 9.25% (B), 03/11/2028		105,516		104,098
McAfee LLC
Term Loan B,
1-Month Term SOFR + 3.75%, 9.20% (B), 03/01/2029		264,157		260,855
Project Boost Purchaser LLC
Term Loan B,
1-Month Term SOFR + 3.50%, 8.95% (B), 06/01/2026		225,654		225,295
Proofpoint, Inc.
1st Lien Term Loan,
1-Month Term SOFR + 3.25%, 8.70% (B), 08/31/2028		157,703		156,608

	Principal		Value
LOAN ASSIGNMENTS (continued)
Software (continued)
Rackspace Technology Global, Inc.
Term Loan B,
1-Month Term SOFR + 2.75%, 8.21% (B), 02/15/2028		$  182,521		$  77,172
Sophia LP
Term Loan B,
1-Month Term SOFR + 4.25%, 9.58% (B), 10/07/2027		154,373		154,019
Storable, Inc.
Term Loan B,
1-Month Term SOFR + 3.50%, 3-Month Term SOFR + 3.50%, 8.68% - 8.85% (B), 04/17/2028		106,423		106,024
Ultimate Software Group, Inc.
Term Loan B,
TBD, 01/30/2031 (I)		246,965		247,274
3-Month Term SOFR + 3.75%, 9.16% (B), 05/04/2026		204,497		204,326
				2,545,367
Specialty Retail - 0.1%
Mavis Tire Express Services Corp.
Term Loan B,
1-Month Term SOFR + 3.75%, 9.08% (B), 05/04/2028		151,886		151,720
Petco Health & Wellness Co., Inc.
Term Loan B,
3-Month Term SOFR + 3.25%, 8.86% (B), 03/03/2028		135,078		126,552
				278,272
Technology Hardware, Storage & Peripherals - 0.1%
NEP Group, Inc.
Term Loan B,
3-Month Term SOFR + 3.25%, PIK Rate 1.50%, Cash Rate 0.00%, 1.50% - 8.70% (B), 08/19/2026 (J)		186,168		180,893
Textiles, Apparel & Luxury Goods - 0.1%
Varsity Brands, Inc.
Term Loan,
1-Month Term SOFR + 5.00%, 10.45% (B), 12/15/2026		203,711		202,650
Wireless Telecommunication Services - 0.2%
Altice France SA
Term Loan B14,
3-Month Term SOFR + 5.50%, 10.81% (B), 08/15/2028		278,835		252,834
CCI Buyer, Inc.
Term Loan,
3-Month Term SOFR + 4.00%, 9.35% (B), 12/17/2027		255,299		254,388
				507,222
Total Loan Assignments (Cost $21,554,924)				21,777,995
U.S. GOVERNMENT AGENCY OBLIGATIONS - 18.3%
Federal Home Loan Mortgage Corp.
3.00%, 05/01/2052 - 09/01/2052		18,316,008		16,068,806
Federal National Mortgage Association
2.00%, 02/01/2052		4,070,941		3,286,805
2.50%, 02/01/2052		9,408,310		7,967,006

Transamerica Funds Page 15  

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

	Principal		Value
U.S. GOVERNMENT AGENCY OBLIGATIONS (continued)
Government National Mortgage Association
3.00%, 03/20/2052 - 07/20/2052		$  9,594,197		$  8,601,895
Uniform Mortgage-Backed Security, TBA
2.50%, 02/01/2039 (H)		26,000,000		23,972,609
Total U.S. Government Agency Obligations (Cost $58,160,794)				59,897,121
U.S. GOVERNMENT OBLIGATIONS - 8.9%
U.S. Treasury - 8.9%
U.S. Treasury Notes
2.00%, 05/31/2024		10,000,000		9,893,359
2.38%, 04/30/2026		229,000		220,377
2.50%, 05/15/2024		10,000,000		9,919,922
3.50%, 04/30/2028		7,500,000		7,376,367
3.63%, 03/31/2028		600,000		593,156
3.75%, 06/30/2030		148,000		146,526
3.88%, 12/31/2029 - 08/15/2033		822,000		818,947
4.38%, 11/30/2028		36,000		36,768
Total U.S. Government Obligations (Cost $29,301,497)				29,005,422
	Shares		Value
COMMON STOCKS - 1.3%
Energy Equipment & Services - 1.3%
Hi-Crush, Inc. (K) (L) (M) (N)		78		4,190,004
Machinery - 0.0%
Ameriforge Group, Inc. (K) (L) (M) (N) (O)		2,679		0
Total Common Stocks (Cost $560,060)				4,190,004
PREFERRED STOCKS - 0.5%
Banks - 0.4%
Customers Bancorp, Inc.,
5.38%		68,496		1,393,894
Insurance - 0.1%
F&G Annuities & Life, Inc.,
7.95% (K)		4,000		105,160
Total Preferred Stocks (Cost $1,812,400)				1,499,054
	Principal		Value
SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 17.3%
U.S. Cash Management Bills
1.73% (P), 03/14/2024		$ 450,000		449,083
4.37% (P), 03/14/2024		10,000,000		9,948,793
U.S. Treasury Bills
5.37% (P), 02/13/2024		20,400,000		20,364,306
5.38% (P), 02/13/2024		26,000,000		25,954,508
Total Short-Term U.S. Government Obligations (Cost $56,716,743)				56,716,690

	Shares		Value
SHORT-TERM INVESTMENT COMPANY - 13.6%
Money Market Fund - 13.6%
State Street Institutional U.S. Government Money Market Fund, 5.30% (P)		44,440,471		$  44,440,471
Total Short-Term Investment Company (Cost $44,440,471)				44,440,471
OTHER INVESTMENT COMPANY - 0.5%
Securities Lending Collateral - 0.5%
State Street Navigator Securities Lending Trust - Government Money Market Portfolio, 5.30% (P)		1,767,273		1,767,273
Total Other Investment Company (Cost $1,767,273)				1,767,273
Total Investments (Cost $351,828,356)				354,630,624
Net Other Assets (Liabilities) - (8.4)%				(27,511,415	)
Net Assets - 100.0%				$ 327,119,209

Transamerica Funds Page 16  

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

INVESTMENT VALUATION:

Valuation Inputs ^(Q)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value
ASSETS
Investments
Asset-Backed Security	$	—	$	14,600	$	—	$	14,600
Convertible Bonds		—		474,062		—		474,062
Corporate Debt Securities		—		125,649,452		—		125,649,452
Foreign Government Obligations		—		9,198,480		—		9,198,480
Loan Assignments		—		21,777,995		—		21,777,995
U.S. Government Agency Obligations		—		59,897,121		—		59,897,121
U.S. Government Obligations		—		29,005,422		—		29,005,422
Common Stocks		—		—		4,190,004		4,190,004
Preferred Stocks		1,499,054		—		—		1,499,054
Short-Term U.S. Government Obligations		—		56,716,690		—		56,716,690
Short-Term Investment Company		44,440,471		—		—		44,440,471
Other Investment Company		1,767,273		—		—		1,767,273
Total Investments	$	47,706,798	$	302,733,822	$	4,190,004	$	354,630,624

Level 3 Rollforward

Investments	Beginning Balance at October 31, 2023		Purchases		Sales		Accrued Discounts (Premiums)		Total Realized Gain (Loss)		Net Change in Unrealized Appreciation (Depreciation)			Transfers into Level 3		Transfers out of Level 3		Ending Balance at January 31, 2024 (R)		Net Change in Unrealized Appreciation (Depreciation) on Investments Held at January 31, 2024
Common Stock	$	4,974,840	$	—	$	—	$	—	$	—	$	(784,836	)	$	—	$	—	$	4,190,004	$	(784,836	)

Quantitative Information About Significant Unobservable Inputs (Level 3)

Investments		Value at January 31, 2024		Valuation Technique	Unobservable Input Used as of January 31, 2024	Range of Input Values	Weighted Average of Input Values
Common Stock		$	4,190,004	Enterprise Value	2.0x multiple of EBITDA 30% discount to range average	1.9x - 3.9x		—

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

(A)	Percentage rounds to less than 0.1% or (0.1)%.
(B)	Floating or variable rate securities. The rates disclosed are as of January 31, 2024. For securities based on a published reference rate and spread, the reference rate and spread are indicated within the description. Variable rate securities with a floor or ceiling feature are disclosed at the inherent rate, where applicable. Certain variable rate securities are not based on a published reference rate and spread, but are determined by the issuer or agent and are based on current market conditions; these securities do not indicate a reference rate and spread in the description.
(C)	Securities are exempt from registration pursuant to Rule 144A of the Securities Act of 1933. Securities may be resold as transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2024, the total value of 144A securities is $29,303,798, representing 9.0% of the Fund’s net assets.
(D)	Securities are exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. Securities may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. At January 31, 2024, the total value of Regulation S securities is $52,990,774, representing 16.2% of the Fund’s net assets.
(E)	Perpetual maturity. The date displayed is the next call date.
(F)	All or a portion of the securities are on loan. The total value of all securities on loan is $2,109,152, collateralized by cash collateral of $1,767,273 and non-cash collateral, such as U.S. government securities and irrevocable letters of credit, of $386,173. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.
(G)	Security in default; partial receipt of interest payments and/or dividends declared at last payment date. At January 31, 2024, the value of this security is $308,000, representing 0.1% of the Fund’s net assets.
(H)	When-issued, delayed-delivery and/or forward commitment (including TBAs) securities. Securities to be settled and delivered after January 31, 2024. Securities may display a coupon rate of 0.00%, as the rate is to be determined at time of settlement.
(I)	All or a portion of the security represents unsettled loan commitments at January 31, 2024 where the rate will be determined at time of settlement.

Transamerica Funds Page 17  

Transamerica Unconstrained Bond

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

FOOTNOTES TO SCHEDULE OF INVESTMENTS (continued):

(J)	Payment in-kind. Security pays interest or dividends in the form of additional bonds or preferred stock. If the security makes a cash payment in addition to in-kind, the cash rate is disclosed separately.
(K)	Non-income producing securities.
(L)	Restricted securities. At January 31, 2024, 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
Common Stocks	Hi-Crush, Inc.		10/08/2020 - 11/02/2021	$	473,091	$	4,190,004		1.3	%
Common Stocks	Ameriforge Group, Inc.		04/20/2016 - 05/13/2016		91,268		0		0.0
Total				$	564,359	$	4,190,004		1.3	%

(M)	Fair valued as determined in good faith in accordance with procedures established by the Board. At January 31, 2024, the total value of securities is $4,190,004, representing 1.3% of the Fund’s net assets.
(N)	Securities are Level 3 of the fair value hierarchy.
(O)	Security deemed worthless.
(P)	Rates disclosed reflect the yields at January 31, 2024.
(Q)	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.
(R)	Total value of Level 3 securities is 1.3% of the Fund’s net assets.

CURRENCY ABBREVIATIONS:

BRL	Brazilian Real
COP	Columbian Peso
IDR	Indonesian Rupiah
MXN	Mexican Peso
PEN	Peruvian Sol
ZAR	South African Rand

PORTFOLIO ABBREVIATIONS:

LIBOR	London Interbank Offered Rate
Prime Rate	Interest rate charged by banks to their most credit worthy customers
REIT	Real Estate Investment Trust
SOFR	Secured Overnight Financing Rate
TBA	To Be Announced
TBD	To Be Determined

Transamerica Funds Page 18  

Transamerica Unconstrained Bond

NOTES TO SCHEDULE OF INVESTMENTS

At January 31, 2024

(unaudited)

INVESTMENT VALUATION

Transamerica Unconstrained Bond (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:

Asset-backed securities: The fair value of asset-backed securities is estimated based on models that consider the estimated cash flows of each tranche of the entity, establish a benchmark yield, and develop an estimated tranche specific spread to the benchmark yield based on the unique attributes of the tranche. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.

Convertible bonds: The fair value of convertible bonds is estimated using various techniques, which consider recently executed transactions in securities of the issuer or comparable issuers, broker price quotations (where observable), and models incorporating benchmark curves, underlying stock data, and foreign exchange rates. While most convertible bonds are categorized in Level 2 of the fair value hierarchy, in instances where lower relative weight is placed on transaction prices, quotations, or similar observable inputs, they are categorized in Level 3.

Corporate debt securities: The fair value of corporate debt securities is estimated using various techniques, which consider recently executed transactions in securities of the issuer or comparable issuers, market price quotations (where observable), bond spreads, fundamental data relating to the issuer, and credit default swap spreads adjusted for any basis difference between cash and derivative instruments. While most corporate debt securities are categorized in Level 2 of the fair value hierarchy, in instances where lower relative weight is placed on transaction prices, quotations, or similar observable inputs, they are categorized in Level 3.

Foreign government obligations: Foreign government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. Foreign government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

Transamerica Funds Page 19  

Transamerica Unconstrained Bond

NOTES TO SCHEDULE OF INVESTMENTS (continued)

At January 31, 2024

(unaudited)

Loan assignments: Loan assignments are normally valued using an income approach, which projects future cash flows and converts those future cash flows to a present value using a discount rate. The resulting present value reflects the likely fair value of the loan. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise are categorized in Level 3.

U.S. government agency obligations: U.S. government agency obligations are comprised of two main categories consisting of agency issued debt and mortgage pass-throughs. Generally, agency issued debt securities are valued in a manner similar to U.S. government obligations. Mortgage pass-throughs include to be announced (“TBA”) securities and mortgage pass-through certificates. Generally, TBA securities and mortgage pass-throughs are valued using dealer quotations. Depending on market activity levels and whether quotations or other observable data are used, these securities are typically categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.

U.S. government obligations: U.S. government obligations are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. U.S. government obligations generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

Equity securities: Securities are stated at the last reported sales price or closing price on the day of valuation taken from the primary exchange where the security is principally traded. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Equities traded on inactive markets or valued by reference to similar instruments are generally categorized in Level 2 or Level 3 if inputs are unobservable.

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.

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.

Securities lending collateral: Securities lending collateral is invested in a money market fund which is valued at the actively traded NAV and no valuation adjustments are applied. Securities lending collateral is categorized in Level 1 of the fair value hierarchy.

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 20