# EDGAR Filing Document

**Accession Number:** 0000787623
**File Stem:** 0001752724-23-072441
**Filing Date:** 2023-3
**Character Count:** 22233
**Document Hash:** 2a2dadad24471c7f0816b2dd2c5aff70
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-072441.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-072441

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRANSAMERICA FUNDS
- **CENTRAL INDEX KEY:** 0000787623
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04556
- **FILM NUMBER:** 23774896

**BUSINESS ADDRESS:**
- **STREET 1:** 1801 CALIFORNIA STREET
- **STREET 2:** SUITE 5200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
- **BUSINESS PHONE:** 720-482-8836

**MAIL ADDRESS:**
- **STREET 1:** 1801 CALIFORNIA STREET
- **STREET 2:** SUITE 5200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRANSAMERICA IDEX MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 20040301

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IDEX MUTUAL FDS
- **DATE OF NAME CHANGE:** 20010504

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IDEX MUTUAL FUNDS /
- **DATE OF NAME CHANGE:** 20010423

## Series and Classes Contracts Data

### Transamerica ClearTrack 2045 (Series ID: S000048275)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000152528 | R1           | TCPTX           |
| C000152529 | R6           | TCOTX           |
| C000210413 | R3           | TCTTX           |

## Nport-Ex

**Transamerica ClearTrack<sup>®</sup> 2045** 

------

**SCHEDULE OF INVESTMENTS** 

**At January 31, 2023** 

**(unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **EXCHANGE-TRADED FUNDS - 52.4%** | **EXCHANGE-TRADED FUNDS - 52.4%** | **EXCHANGE-TRADED FUNDS - 52.4%** |
| **International Equity Funds - 22.9%** | **International Equity Funds - 22.9%** | **International Equity Funds - 22.9%** |
|  iShares Core MSCI EAFE ETF | 71926 | $4824077 |
|  iShares Core MSCI Emerging Markets ETF | 25705 | 1307613 |
|  iShares Global REIT ETF | 53866 | 1339109 |
|  |  | 7470799 |
| **U.S. Equity Fund - 25.4%** | **U.S. Equity Fund - 25.4%** | **U.S. Equity Fund - 25.4%** |
|  iShares Core S&P 500 ETF | 20265 | 8274402 |
| **U.S. Fixed Income Funds - 4.1%** | **U.S. Fixed Income Funds - 4.1%** | **U.S. Fixed Income Funds - 4.1%** |
|  iShares 0-5 Year TIPS Bond ETF | 6666 | 651602 |
|  iShares Core U.S. Aggregate Bond ETF | 6800 | 681496 |
|  |  | 1333098 |
|  **Total Exchange-Traded Funds <br>(Cost $19,423,232)** | **Total Exchange-Traded Funds <br>(Cost $19,423,232)** | 17078299 |
| **INVESTMENT COMPANIES - 46.9%** | **INVESTMENT COMPANIES - 46.9%** | **INVESTMENT COMPANIES - 46.9%** |
| **International Equity Funds - 13.4%** | **International Equity Funds - 13.4%** | **International Equity Funds - 13.4%** |
|  Transamerica Emerging Markets Opportunities <sup>(A)</sup> | 122940 | 1008105 |
|  Transamerica International Focus <sup>(A)</sup> | 205657 | 1680214 |
|  Transamerica International Stock <sup>(A)</sup> | 164635 | 1687506 |
|  |  | 4375825 |
| **International Fixed Income Fund - 1.1%** | **International Fixed Income Fund - 1.1%** | **International Fixed Income Fund - 1.1%** |
|  Transamerica Emerging Markets Debt <sup>(A)</sup> | 38239 | 342235 |
| **U.S. Equity Funds - 28.1%** | **U.S. Equity Funds - 28.1%** | **U.S. Equity Funds - 28.1%** |
|  Transamerica Large Cap Value <sup>(A)</sup> | 222296 | 2845388 |
|  Transamerica Large Growth <sup>(A)</sup> | 283451 | 2624761 |
|  Transamerica Mid Cap Growth <sup>(A)</sup> | 120067 | 917315 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **INVESTMENT COMPANIES (continued)** | **INVESTMENT COMPANIES (continued)** | **INVESTMENT COMPANIES (continued)** |
| **U.S. Equity Funds (continued)** | **U.S. Equity Funds (continued)** | **U.S. Equity Funds (continued)** |
|  Transamerica Mid Cap Value Opportunities <sup>(A)</sup> | 97743 | $1108411 |
|  Transamerica Small Cap Growth <sup>(A)</sup> | 121366 | 762176 |
|  Transamerica Small Cap Value <sup>(A)</sup> | 152616 | 903488 |
|  |  | 9161539 |
| **U.S. Fixed Income Funds - 4.3%** | **U.S. Fixed Income Funds - 4.3%** | **U.S. Fixed Income Funds - 4.3%** |
|  Transamerica Bond <sup>(A)</sup> | 132588 | 1088544 |
|  Transamerica High Yield Bond <sup>(A)</sup> | 40368 | 323750 |
|  |  | 1412294 |
|  **Total Investment Companies <br>(Cost $20,517,293)** | **Total Investment Companies <br>(Cost $20,517,293)** | 15291893 |
|  | **Principal** | **Value** |
| **REPURCHASE AGREEMENT - 0.7%** | **REPURCHASE AGREEMENT - 0.7%** | **REPURCHASE AGREEMENT - 0.7%** |
|  Fixed Income Clearing Corp., 1.80% <sup>(B)</sup>, dated 01/31/2023, to be repurchased at $228,409 on 02/01/2023. Collateralized by a U.S. Government Obligation, 0.13%, due 07/15/2024, and with a value of $233,016. | $228398 | 228398 |
|  **Total Repurchase Agreement <br>(Cost $228,398)** | **Total Repurchase Agreement <br>(Cost $228,398)** | 228398 |
|  **Total Investments <br>(Cost $40,168,923)** | **Total Investments <br>(Cost $40,168,923)** | 32598590 |
|  **Net Other Assets (Liabilities) - 0.0% <sup>(C)</sup>** |  | 15735 |
|  **Net Assets - 100.0%** |  | **$32614325** |

---

**INVESTMENT VALUATION:** 

------

**Valuation Inputs <sup>(D)</sup>** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1 -<br>Unadjusted<br>Quoted<br>Prices** | **Level 2 -<br>Other<br>Significant<br>Observable<br>Inputs** | **Level 3 -<br>Significant<br>Unobservable<br>Inputs** | **Value** |
|  **ASSETS** |  |  |  |  |
|  **Investments** |  |  |  |  |
|  Exchange-Traded Funds | $17078299 | $— | $— | $17078299 |
|  Investment Companies | 15291893 |  |  | 15291893 |
|  Repurchase Agreement |  | 228398 |  | 228398 |
|  **Total Investments** | $**32370192** | $**228398** | $**—** | $**32598590** |

---

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 1** |

---

**Transamerica ClearTrack<sup>®</sup> 2045** 

------

**SCHEDULE OF INVESTMENTS (continued)** 

**At January 31, 2023** 

**(unaudited)** 

**FOOTNOTES TO SCHEDULE OF INVESTMENTS:** 

(A) *Affiliated investment in the Class R6 shares of Transamerica Funds. The Fund's transactions and earnings are as follows:* 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated Investments** | **Value<br>October 31,<br>2022** | **Purchases<br>at Cost** | **Proceeds<br>from Sales** | **Net<br>Realized<br>Gain (Loss)** | **Net Change in<br>Unrealized<br>Appreciation<br>(Depreciation)** | **Value<br>January 31,<br>2023** | **Shares as of<br>January 31,<br>2023** | **Dividend<br>Income** | **Net Capital<br>Gain<br>Distributions** |
|  Transamerica Bond | $1023106 | $10096 | $— | $— | $55342 | $1088544 | 132588 | $10096 | $— |
|  Transamerica Emerging Markets Debt | 301621 | 4213 |  |  | 36401 | 342235 | 38239 | 4213 |  |
|  Transamerica Emerging Markets Opportunities | 814271 | 26022 | (25001) | (10637) | 203450 | 1008105 | 122940 | 26022 |  |
|  Transamerica High Yield Bond | 308747 | 4579 |  |  | 10424 | 323750 | 40368 | 4579 |  |
|  Transamerica International Focus | 1477758 | 28879 | (64916) | (17267) | 255760 | 1680214 | 205657 | 28879 |  |
|  Transamerica International Stock | 1486610 | 41286 | (89916) | (15691) | 265217 | 1687506 | 164635 | 41286 |  |
|  Transamerica Large Cap Value | 2750139 | 156123 | (51500) | (4513) | (4861) | 2845388 | 222296 | 9409 | 146714 |
|  Transamerica Large Growth | 2522102 | 32211 |  |  | 70448 | 2624761 | 283451 |  | 32211 |
|  Transamerica Mid Cap Growth | 840472 |  |  |  | 76843 | 917315 | 120067 |  |  |
|  Transamerica Mid Cap Value Opportunities | 1019264 | 66873 |  |  | 22274 | 1108411 | 97743 | 11654 | 55219 |
|  Transamerica Small Cap Growth | 723647 | 28002 |  |  | 10527 | 762176 | 121366 |  | 28002 |
|  Transamerica Small Cap Value | 848788 | 145904 |  |  | (91204) | 903488 | 152616 | 18925 | 126979 |
|  **Total** | $**14116525** | $**544188** | $**(231333)** | $**(48108)** | $**910621** | $**15291893** | **1701966** | $**155063** | $**389125** |

---

(B) *Rate disclosed reflects the yield at January 31, 2023.* 

(C) *Percentage rounds to less than 0.1% or (0.1)%.* 

(D) *There were no transfers in or out of Level 3 during the period ended January 31, 2023. Please reference the Investment Valuation section of the Notes to Schedule of Investments for more information regarding investment valuation and pricing inputs.* 

**PORTFOLIO ABBREVIATION:** 

REIT *Real Estate Investment Trust*

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 2** |

---

**Transamerica ClearTrack<sup>®</sup> 2045** 

------

**NOTES TO SCHEDULE OF INVESTMENTS** 

**At January 31, 2023** 

**(unaudited)** 

**INVESTMENT VALUATION** 

Transamerica ClearTrack<sup>®</sup> 2045 (the "Fund") is a series of the Transamerica Funds.

Effective September 8, 2022, TAM has been designated as the Fund's valuation designee pursuant to Rule 2a-5 under the 1940 Act with responsibility for fair valuation subject to oversight by the Fund's Board of Trustees. The net asset value of the Fund is computed as of the official close of the New York Stock Exchange ("NYSE") each day the NYSE is open for business.

TAM utilizes various methods to measure the fair value of its investments on a recurring basis. Generally Accepted Accounting Principles in the United States of America establishes a hierarchy that prioritizes inputs to valuation methods. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three levels ("Levels") of inputs of the fair value hierarchy are defined as follows:

Level 1 — Unadjusted quoted prices in active markets for identical securities.

Level 2 — Inputs, other than quoted prices included in Level 1, which are observable, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates, and similar data.

Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include TAM's own assumptions used in determining the fair value of the Fund's investments.

The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. Certain investments that are measured at fair value using Net Asset Value ("NAV") per share, or its equivalent, using the "practical expedient" have not been classified in the fair value Levels. The hierarchy classification of inputs used to value the Fund's investments at January 31, 2023, is disclosed within the Investment Valuation section of the Schedule of Investments.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, but not limited to, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is generally greatest for instruments categorized in Level 3. Due to the inherent uncertainty of valuation, the determination of values may differ significantly from values that would have been realized had a ready market for investments existed, and the differences could be material.

**Fair value measurements:** Descriptions of the valuation techniques applied to the Fund's significant categories of assets and liabilities measured at fair value on a recurring basis are as follows:

*Exchange-traded funds ("ETF"):* ETFs are stated at the last reported sale price or closing price on the day of valuation taken from the primary exchange where the ETF is principally traded. ETFs are generally categorized in Level 1 of the fair value hierarchy.

*Investment companies:* Certain investment companies are valued at the NAV as the practical expedient. These investment companies are not included within the fair value hierarchy. Certain other investment companies are valued at the actively traded NAV and no valuation adjustments are applied. These investment companies are categorized in Level 1 of the fair value hierarchy.

*Repurchase agreements:* Repurchase agreements are valued at cost, which approximates fair value. To the extent the inputs are observable and timely, the values are generally categorized in Level 2 of the fair value hierarchy.

---

| | |
|:---|:---|
|  **Transamerica Funds** | **Page 3** |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** TRANSAMERICA FUNDS

- **b. Investment Company Act file number:** 811-04556

- **c. CIK number of Registrant:** 0000787623

- **d. LEI of Registrant:** 54930088ZHZE1VMYEY52

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1801 CALIFORNIA STREET

  - **City:** DENVER

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80202

  - **Telephone number:** 720-493-4256

**Item A.2. Information about the Series.**

- **a. Name of Series:** Transamerica ClearTrack(R) 2045

- **b. EDGAR series identifier (if any):** S000048275

- **c. LEI of Series:** 549300V7DIS40RM4V018

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $32600426.86

**Total Liabilities:** $5902.93

**Net Assets:** $32594523.93

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000152529 | 7.34%                | -4.09%               | 7.52%                |
| Class ID C000152528 | 7.27%                | -4.10%               | 7.46%                |
| Class ID C000210413 | 7.29%                | -4.08%               | 7.38%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-36600.42               | $2226860.39                                |
| Month 2  | $0.00                    | $-1899457.34                               |
| Month 3  | $-79806.30               | $2335189.75                                |

### Schedule of Portfolio Investments

| Name                                        | Title                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Transamerica Mid Cap Growth                 | Transamerica Mid Cap Growth                 | CUSIP: 89356M773<br>LEI: 549300BVKN1RJS81UT94 | Long             | EC               | RF                | US        |    120067 | NS      | $917315.36    | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Transamerica International Focus            | Transamerica International Focus            | CUSIP: 89356L452<br>LEI: 5493009P69ULJNMMN265 | Long             | EC               | RF                | US        |    205657 | NS      | $1680214.45   | 5.15%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core U.S. Aggregate Bond ETF        | iShares Core U.S. Aggregate Bond ETF        | CUSIP: 464287226<br>LEI: 549300F7VSXTKBGHJE47 | Long             | EC               | RF                | US        |      6800 | NS      | $681496.00    | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Global REIT ETF                     | iShares Global REIT ETF                     | CUSIP: 46434V647<br>LEI: 549300254BKG04Y2B303 | Long             | EC               | RF                | US        |     53866 | NS      | $1339108.76   | 4.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Transamerica Emerging Markets Opportunities | Transamerica Emerging Markets Opportunities | CUSIP: 89360T160<br>LEI: 549300Q6NK6QLC610345 | Long             | EC               | RF                | US        |    122940 | NS      | $1008104.83   | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Transamerica Small Cap Value                | Transamerica Small Cap Value                | CUSIP: 89356L593<br>LEI: 549300RKIQDFFOVG9875 | Long             | EC               | RF                | US        |    152616 | NS      | $903488.47    | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Transamerica Large Cap Value                | Transamerica Large Cap Value                | CUSIP: 89354D312<br>LEI: 549300NMC5GPLD2ULC77 | Long             | EC               | RF                | US        |    222296 | NS      | $2845388.29   | 8.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Fixed Income Clearing Corp                  | FIXED INC CLEARING CORP.REPO                | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |    228398 | PA      | $228397.80    | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Transamerica Mid Cap Value Opportunities    | Transamerica Mid Cap Value Opportunities    | CUSIP: 89356L627<br>LEI: 549300EBY5BMUT2S0673 | Long             | EC               | RF                | US        |     97743 | NS      | $1108410.93   | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Transamerica Small Cap Growth               | Transamerica Small Cap Growth               | CUSIP: 89356L619<br>LEI: 549300CCDLPC22NHUA05 | Long             | EC               | RF                | US        |    121366 | NS      | $762175.70    | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Transamerica Emerging Markets Debt          | Transamerica Emerging Markets Debt Fund     | CUSIP: 89354D445<br>LEI: 549300UOGL5KQ4NPEX35 | Long             | EC               | RF                | US        |     38239 | NS      | $342235.26    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core MSCI EAFE ETF                  | iShares Core MSCI EAFE ETF                  | CUSIP: 46432F842<br>LEI: 5493009FT582MI7Y3I36 | Long             | EC               | RF                | US        |     71926 | NS      | $4824076.82   | 14.80%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core MSCI Emerging Markets ETF      | iShares Core MSCI Emerging Markets ETF      | CUSIP: 46434G103<br>LEI: 5493007C24Z3ZDJ0VD06 | Long             | EC               | RF                | US        |     25705 | NS      | $1307613.35   | 4.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Transamerica International Stock            | Transamerica International Stock            | CUSIP: 89360T319<br>LEI: 549300PMWLIX97VXH139 | Long             | EC               | RF                | US        |    164635 | NS      | $1687505.96   | 5.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Transamerica Large Growth                   | Transamerica Large Growth                   | CUSIP: 89356M781<br>LEI: 549300HE9YX22PXULY07 | Long             | EC               | RF                | US        |    283451 | NS      | $2624760.50   | 8.05%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core S&P 500 ETF                    | iShares Core S&P 500 ETF                    | CUSIP: 464287200<br>LEI: 5493007M4YMN8XL48C14 | Long             | EC               | RF                | US        |     20265 | NS      | $8274402.15   | 25.39%            |  |  |  | No            |                  1 | On Loan: No      |
| Transamerica Bond                           | Transamerica Bond                           | CUSIP: 89354D429<br>LEI: 54930028OHE6MAPEQC05 | Long             | EC               | RF                | US        |    132158 | NS      | $1085013.08   | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares 0-5 Year TIPS Bond ETF              | iShares 0-5 Year TIPS Bond ETF              | CUSIP: 46429B747<br>LEI: 549300GIWSEGOQLZR212 | Long             | EC               | RF                | US        |      6666 | NS      | $651601.50    | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Transamerica High Yield Bond                | Transamerica High Yield Bond                | CUSIP: 89354D353<br>LEI: 549300E2RRC6XIJ79123 | Long             | EC               | RF                | US        |     40172 | NS      | $322176.54    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** TRANSAMERICA FUNDS

**Signature:** Vincent Toner

**Name of Signer:** Vincent Toner

**Title:** Treasurer