# EDGAR Filing Document

**Accession Number:** 0000787623
**File Stem:** 0001410368-25-007628
**Filing Date:** 2025-9
**Character Count:** 124832
**Document Hash:** be0599405fc7757889606795a7626884
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-007628.hdr.sgml**: 20250922

**ACCESSION NUMBER**: 0001410368-25-007628

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250922

**DATE AS OF CHANGE**: 20250922

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRANSAMERICA FUNDS
- **CENTRAL INDEX KEY:** 0000787623

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04556
- **FILM NUMBER:** 251328869

**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 Multi-Asset Income (Series ID: S000044276)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000137932 | A            | TASHX           |
| C000137933 | C            | TCSHX           |
| C000137934 | I            | TSHIX           |
| C000137935 | I2           |  |

## Nport-Ex

**Transamerica Multi-Asset Income**

------

**SCHEDULE OF INVESTMENTS**

**At July 31, 2025**

**(unaudited)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS - 53.7%**  | **COMMON STOCKS - 53.7%**  | **COMMON STOCKS - 53.7%**  |
| **Air Freight & Logistics - 0.5%**  | **Air Freight & Logistics - 0.5%**  | **Air Freight & Logistics - 0.5%**  |
| FedEx Corp. | 17500 | $3911075 |
| **Banks - 3.7%**  | **Banks - 3.7%**  | **Banks - 3.7%**  |
| Citigroup, Inc. | 100000 | 9370000 |
| JPMorgan Chase & Co. | 40000 | 11849600 |
| Wells Fargo & Co. | 100000 | 8063000 |
|  |  | 29282600 |
| **Biotechnology - 3.3%**  | **Biotechnology - 3.3%**  | **Biotechnology - 3.3%**  |
| AbbVie, Inc. | 60000 | 11341200 |
| Amgen, Inc. | 30000 | 8853000 |
| Gilead Sciences, Inc. | 50000 | 5614500 |
|  |  | 25808700 |
| **Broadline Retail - 0.9%**  | **Broadline Retail - 0.9%**  | **Broadline Retail - 0.9%**  |
| Amazon.com, Inc. <sup>(A)</sup> <br>| 30000 | 7023300 |
| **Capital Markets - 6.8%**  | **Capital Markets - 6.8%**  | **Capital Markets - 6.8%**  |
| Blackrock, Inc. | 15000 | 16590150 |
| Goldman Sachs Group, Inc. | 24500 | 17727955 |
| Interactive Brokers Group, Inc., Class A | 126056 | 8264232 |
| Morgan Stanley | 64372 | 9170435 |
| Nasdaq, Inc. | 15000 | 1443300 |
|  |  | 53196072 |
| **Communications Equipment - 0.9%**  | **Communications Equipment - 0.9%**  | **Communications Equipment - 0.9%**  |
| Arista Networks, Inc. <sup>(A)</sup> <br>| 60000 | 7393200 |
| **Consumer Finance - 1.8%**  | **Consumer Finance - 1.8%**  | **Consumer Finance - 1.8%**  |
| Capital One Financial Corp. | 40000 | 8600000 |
| Synchrony Financial | 85000 | 5921950 |
|  |  | 14521950 |
| **Distributors - 0.2%**  | **Distributors - 0.2%**  | **Distributors - 0.2%**  |
| LKQ Corp. | 60000 | 1768200 |
| **Electric Utilities - 3.0%**  | **Electric Utilities - 3.0%**  | **Electric Utilities - 3.0%**  |
| American Electric Power Co., Inc. | 50000 | 5657000 |
| Duke Energy Corp. | 50000 | 6082000 |
| Evergy, Inc. | 65000 | 4602000 |
| Southern Co. | 80000 | 7558400 |
|  |  | 23899400 |
| **Health Care Equipment & Supplies - 1.1%**  | **Health Care Equipment & Supplies - 1.1%**  | **Health Care Equipment & Supplies - 1.1%**  |
| Medtronic PLC | 100000 | 9024000 |
| **Health Care Providers & Services - 0.9%**  | **Health Care Providers & Services - 0.9%**  | **Health Care Providers & Services - 0.9%**  |
| Cigna Group | 10000 | 2673800 |
| Quest Diagnostics, Inc. | 10000 | 1674100 |
| UnitedHealth Group, Inc. | 10000 | 2495600 |
|  |  | 6843500 |
| **Hotel & Resort REITs - 0.4%**  | **Hotel & Resort REITs - 0.4%**  | **Hotel & Resort REITs - 0.4%**  |
| Ryman Hospitality Properties, Inc. | 35000 | 3327100 |
| **Hotels, Restaurants & Leisure - 1.1%**  | **Hotels, Restaurants & Leisure - 1.1%**  | **Hotels, Restaurants & Leisure - 1.1%**  |
| Travel & Leisure Co. | 145000 | 8591250 |
| **Household Products - 1.0%**  | **Household Products - 1.0%**  | **Household Products - 1.0%**  |
| Procter & Gamble Co. | 50000 | 7523500 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |
| **Independent Power & Renewable Electricity Producers - 0.5%**  | **Independent Power & Renewable Electricity Producers - 0.5%**  | **Independent Power & Renewable Electricity Producers - 0.5%**  |
| Vistra Corp. | 20000 | $4170800 |
| **Insurance - 2.5%**  | **Insurance - 2.5%**  | **Insurance - 2.5%**  |
| Allstate Corp. | 25000 | 5081250 |
| Progressive Corp. | 20000 | 4840800 |
| Travelers Cos., Inc. | 16651 | 4333256 |
| Unum Group | 75000 | 5385750 |
|  |  | 19641056 |
| **Interactive Media & Services - 4.5%**  | **Interactive Media & Services - 4.5%**  | **Interactive Media & Services - 4.5%**  |
| Alphabet, Inc., Class C | 112500 | 21696750 |
| Meta Platforms, Inc., Class A | 18000 | 13921920 |
|  |  | 35618670 |
| **IT Services - 2.1%**  | **IT Services - 2.1%**  | **IT Services - 2.1%**  |
| International Business Machines Corp. | 65000 | 16454750 |
| **Machinery - 0.9%**  | **Machinery - 0.9%**  | **Machinery - 0.9%**  |
| CNH Industrial NV | 150000 | 1944000 |
| Cummins, Inc. | 15000 | 5514300 |
|  |  | 7458300 |
| **Mortgage Real Estate Investment Trusts - 0.7%**  | **Mortgage Real Estate Investment Trusts - 0.7%**  | **Mortgage Real Estate Investment Trusts - 0.7%**  |
| AGNC Investment Corp. <sup>(B)</sup> <br>| 550000 | 5186500 |
| **Multi-Utilities - 0.9%**  | **Multi-Utilities - 0.9%**  | **Multi-Utilities - 0.9%**  |
| Dominion Energy, Inc. | 100000 | 5845000 |
| Sempra | 15000 | 1225200 |
|  |  | 7070200 |
| **Oil, Gas & Consumable Fuels - 1.4%**  | **Oil, Gas & Consumable Fuels - 1.4%**  | **Oil, Gas & Consumable Fuels - 1.4%**  |
| Chevron Corp. | 30000 | 4549200 |
| ONEOK, Inc. | 75000 | 6158250 |
|  |  | 10707450 |
| **Pharmaceuticals - 1.5%**  | **Pharmaceuticals - 1.5%**  | **Pharmaceuticals - 1.5%**  |
| Merck & Co., Inc. | 150000 | 11718000 |
| **Semiconductors & Semiconductor Equipment - 4.2%**  | **Semiconductors & Semiconductor Equipment - 4.2%**  | **Semiconductors & Semiconductor Equipment - 4.2%**  |
| Broadcom, Inc. | 60000 | 17622000 |
| NVIDIA Corp. | 85000 | 15118950 |
|  |  | 32740950 |
| **Software - 3.2%**  | **Software - 3.2%**  | **Software - 3.2%**  |
| Microsoft Corp. | 47500 | 25341250 |
| **Specialized REITs - 2.3%**  | **Specialized REITs - 2.3%**  | **Specialized REITs - 2.3%**  |
| Equinix, Inc. | 10000 | 7851700 |
| Gaming & Leisure Properties, Inc. | 35000 | 1595300 |
| Iron Mountain, Inc. | 60000 | 5841600 |
| Lamar Advertising Co., Class A | 25000 | 3056250 |
|  |  | 18344850 |
| **Specialty Retail - 1.4%**  | **Specialty Retail - 1.4%**  | **Specialty Retail - 1.4%**  |
| Bath & Body Works, Inc. | 165000 | 4778400 |
| Dick's Sporting Goods, Inc. | 30000 | 6345300 |
|  |  | 11123700 |

---

**Transamerica Funds**

**Page 1**

------

**Transamerica Multi-Asset Income**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** | **COMMON STOCKS (continued)** |
| **Technology Hardware, Storage & Peripherals - 2.0%**  | **Technology Hardware, Storage & Peripherals - 2.0%**  | **Technology Hardware, Storage & Peripherals - 2.0%**  |
| Apple, Inc. | 75000 | $15567750 |
| &nbsp;&nbsp; **Total Common Stocks** <br>**(Cost $290,679,338)**<br>|  | 423258073 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES - 40.4%**  | **CORPORATE DEBT SECURITIES - 40.4%**  | **CORPORATE DEBT SECURITIES - 40.4%**  |
| **Aerospace & Defense - 0.4%**  | **Aerospace & Defense - 0.4%**  | **Aerospace & Defense - 0.4%**  |
| Bombardier, Inc. |  |  |
| 7.25%, 07/01/2031 <sup>(C)</sup> <br>| $825000 | 861470 |
| TransDigm, Inc. |  |  |
| 6.38%, 05/31/2033 <sup>(C)</sup> <br>| 2500000 | 2515880 |
|  |  | 3377350 |
| **Automobile Components - 0.9%**  | **Automobile Components - 0.9%**  | **Automobile Components - 0.9%**  |
| Clarios Global LP/Clarios U.S. Finance Co. |  |  |
| 8.50%, 05/15/2027 <sup>(C)</sup> <br>| 1250000 | 1257611 |
| Cooper Tire & Rubber Co. LLC |  |  |
| 7.63%, 03/15/2027 | 5200000 | 5330000 |
| Titan International, Inc. |  |  |
| 7.00%, 04/30/2028 | 720000 | 719572 |
|  |  | 7307183 |
| **Automobiles - 0.9%**  | **Automobiles - 0.9%**  | **Automobiles - 0.9%**  |
| Ford Motor Credit Co. LLC |  |  |
| 6.13%, 03/08/2034 | 2000000 | 1950541 |
| Jaguar Land Rover Automotive PLC |  |  |
| 5.88%, 01/15/2028 <sup>(C)</sup> <br>| 1750000 | 1755334 |
| JB Poindexter & Co., Inc. |  |  |
| 8.75%, 12/15/2031 <sup>(C)</sup> <br>| 3100000 | 3170487 |
|  |  | 6876362 |
| **Banks - 2.7%**  | **Banks - 2.7%**  | **Banks - 2.7%**  |
| Bank of Montreal |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 11/26/2034, <br>7.30% <sup>(D)</sup>, 11/26/2084<br>| 3000000 | 3112845 |
| Barclays PLC |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 03/15/2035 <sup>(E)</sup>, <br>7.63% <sup>(D)</sup> <br>| 200000 | 203734 |
| Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 02/15/2030 <sup>(E)</sup>, <br>6.95% <sup>(D)</sup> <br>| 1500000 | 1512153 |
| &nbsp;&nbsp;&nbsp; Fixed until 08/15/2029 <sup>(E)</sup>, <br>7.13% <sup>(D)</sup> <br>| 3000000 | 3068274 |
| &nbsp;&nbsp;&nbsp; Fixed until 11/15/2028 <sup>(E)</sup>, <br>7.63% <sup>(D)</sup> <br>| 1000000 | 1043192 |
| FNB Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 12/11/2029, <br>5.72% <sup>(D)</sup> <br>| 5500000 | 5538240 |
| Goldman Sachs Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 11/10/2034 <sup>(E)</sup>, <br>6.13% <sup>(B)</sup><sup>(D)</sup> <br>| 2045000 | 2022220 |
| &nbsp;&nbsp;&nbsp; Fixed until 02/10/2030 <sup>(E)</sup>, <br>6.85% <sup>(D)</sup> <br>| 2000000 | 2042519 |
| JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 04/01/2030 <sup>(E)</sup>, <br>6.50% <sup>(D)</sup> <br>| 3000000 | 3075252 |
|  |  | 21618429 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Building Products - 1.2%**  | **Building Products - 1.2%**  | **Building Products - 1.2%**  |
| Builders FirstSource, Inc. |  |  |
| 5.00%, 03/01/2030 <sup>(C)</sup> <br>| $2000000 | $1957756 |
| New Enterprise Stone & Lime Co., Inc. |  |  |
| 5.25%, 07/15/2028 <sup>(C)</sup> <br>| 3765000 | 3738021 |
| Quikrete Holdings, Inc. |  |  |
| 6.38%, 03/01/2032 <sup>(C)</sup> <br>| 3450000 | 3538303 |
|  |  | 9234080 |
| **Capital Markets - 1.6%**  | **Capital Markets - 1.6%**  | **Capital Markets - 1.6%**  |
| Blue Owl Credit Income Corp. |  |  |
| 5.80%, 03/15/2030 | 6500000 | 6512049 |
| Compass Group Diversified Holdings LLC |  |  |
| 5.00%, 01/15/2032 <sup>(C)</sup> <br>| 2800000 | 2452449 |
| FS KKR Capital Corp. |  |  |
| 6.88%, 08/15/2029 | 3850000 | 3973914 |
|  |  | 12938412 |
| **Chemicals - 0.3%**  | **Chemicals - 0.3%**  | **Chemicals - 0.3%**  |
| Chemours Co. |  |  |
| 5.75%, 11/15/2028 <sup>(C)</sup> <br>| 2495000 | 2291485 |
| **Commercial Services & Supplies - 3.2%**  | **Commercial Services & Supplies - 3.2%**  | **Commercial Services & Supplies - 3.2%**  |
| Amsted Industries, Inc. |  |  |
| 6.38%, 03/15/2033 <sup>(C)</sup> <br>| 3000000 | 3047877 |
| Ashtead Capital, Inc. |  |  |
| 5.55%, 05/30/2033 <sup>(C)</sup> <br>| 2500000 | 2526766 |
| CoreCivic, Inc. |  |  |
| 8.25%, 04/15/2029 | 2750000 | 2907847 |
| GEO Group, Inc. |  |  |
| 8.63%, 04/15/2029 | 3700000 | 3928382 |
| PROG Holdings, Inc. |  |  |
| 6.00%, 11/15/2029 <sup>(C)</sup> <br>| 3300000 | 3184500 |
| Service Corp. International |  |  |
| 7.50%, 04/01/2027 | 2500000 | 2588925 |
| Upbound Group, Inc. |  |  |
| 6.38%, 02/15/2029 <sup>(C)</sup> <br>| 3675000 | 3583706 |
| WEX, Inc. |  |  |
| 6.50%, 03/15/2033 <sup>(C)</sup> <br>| 3000000 | 3038484 |
|  |  | 24806487 |
| **Construction & Engineering - 2.3%**  | **Construction & Engineering - 2.3%**  | **Construction & Engineering - 2.3%**  |
| Brookfield Residential Properties, <br> Inc./Brookfield Residential U.S. LLC |  |  |
| 6.25%, 09/15/2027 <sup>(C)</sup> <br>| 1300000 | 1297437 |
| Brundage-Bone Concrete Pumping <br> Holdings, Inc. |  |  |
| 7.50%, 02/01/2032 <sup>(C)</sup> <br>| 3800000 | 3782561 |
| Forestar Group, Inc. |  |  |
| 5.00%, 03/01/2028 <sup>(C)</sup> <br>| 5000000 | 4962098 |
| Installed Building Products, Inc. |  |  |
| 5.75%, 02/01/2028 <sup>(C)</sup> <br>| 4801000 | 4787692 |
| M/I Homes, Inc. |  |  |
| 4.95%, 02/01/2028 | 2235000 | 2212873 |
| Winnebago Industries, Inc. |  |  |
| 6.25%, 07/15/2028 <sup>(C)</sup> <br>| 899000 | 892629 |
|  |  | 17935290 |

---

**Transamerica Funds**

**Page 2**

------

**Transamerica Multi-Asset Income**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Consumer Staples Distribution & Retail - 1.5%**  | **Consumer Staples Distribution & Retail - 1.5%**  | **Consumer Staples Distribution & Retail - 1.5%**  |
| Academy Ltd. |  |  |
| 6.00%, 11/15/2027 <sup>(C)</sup> <br>| $5150000 | $5139110 |
| BlueLinx Holdings, Inc. |  |  |
| 6.00%, 11/15/2029 <sup>(C)</sup> <br>| 1150000 | 1119374 |
| Dillard's, Inc. |  |  |
| 7.00%, 12/01/2028 | 230000 | 243762 |
| 7.75%, 07/15/2026 | 1150000 | 1167373 |
| Macy's Retail Holdings LLC |  |  |
| 7.38%, 08/01/2033 <sup>(C)</sup> <br>| 1700000 | 1706475 |
| Sonic Automotive, Inc. |  |  |
| 4.63%, 11/15/2029 <sup>(B)</sup><sup>(C)</sup> <br>| 2500000 | 2404283 |
|  |  | 11780377 |
| **Containers & Packaging - 0.4%**  | **Containers & Packaging - 0.4%**  | **Containers & Packaging - 0.4%**  |
| Sealed Air Corp. |  |  |
| 6.50%, 07/15/2032 <sup>(B)</sup><sup>(C)</sup> <br>| 3000000 | 3089811 |
| **Diversified REITs - 0.4%**  | **Diversified REITs - 0.4%**  | **Diversified REITs - 0.4%**  |
| American Assets Trust LP |  |  |
| 6.15%, 10/01/2034 | 635000 | 634378 |
| Rithm Capital Corp. |  |  |
| 8.00%, 07/15/2030 <sup>(C)</sup> <br>| 1050000 | 1068931 |
| Uniti Group LP/Uniti Group Finance 2019, <br> Inc./CSL Capital LLC |  |  |
| 4.75%, 04/15/2028 <sup>(C)</sup> <br>| 1500000 | 1453673 |
| 10.50%, 02/15/2028 <sup>(C)</sup> <br>| 275000 | 290642 |
|  |  | 3447624 |
| **Electric Utilities - 1.7%**  | **Electric Utilities - 1.7%**  | **Electric Utilities - 1.7%**  |
| Dominion Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 02/15/2035, <br>6.63% <sup>(D)</sup>, 05/15/2055<br>| 1000000 | 1024678 |
| Southern Co. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 12/15/2034, <br>6.38% <sup>(D)</sup>, 03/15/2055<br>| 3000000 | 3104136 |
| Talen Energy Supply LLC |  |  |
| 8.63%, 06/01/2030 <sup>(C)</sup> <br>| 4250000 | 4516347 |
| TransAlta Corp. |  |  |
| 7.75%, 11/15/2029 | 1864000 | 1942191 |
| Vistra Operations Co. LLC |  |  |
| 6.95%, 10/15/2033 <sup>(C)</sup> <br>| 2500000 | 2748338 |
|  |  | 13335690 |
| **Electrical Equipment - 0.6%**  | **Electrical Equipment - 0.6%**  | **Electrical Equipment - 0.6%**  |
| WESCO Distribution, Inc. |  |  |
| 6.63%, 03/15/2032 <sup>(C)</sup> <br>| 2000000 | 2063620 |
| 7.25%, 06/15/2028 <sup>(C)</sup> <br>| 2729000 | 2765339 |
|  |  | 4828959 |
| **Energy Equipment & Services - 0.2%**  | **Energy Equipment & Services - 0.2%**  | **Energy Equipment & Services - 0.2%**  |
| Archrock Partners LP/Archrock Partners <br> Finance Corp. |  |  |
| 6.25%, 04/01/2028 <sup>(C)</sup> <br>| 1500000 | 1499915 |
| **Financial Services - 4.8%**  | **Financial Services - 4.8%**  | **Financial Services - 4.8%**  |
| Acadian Asset Management, Inc. |  |  |
| 4.80%, 07/27/2026 | 4280000 | 4234274 |
| AG Issuer LLC |  |  |
| 6.25%, 03/01/2028 <sup>(C)</sup> <br>| 1000000 | 998945 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Financial Services (continued)** | **Financial Services (continued)** | **Financial Services (continued)** |
| Ally Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 05/15/2028 <sup>(E)</sup>, <br>4.70% <sup>(D)</sup> <br>| $2250000 | $2052439 |
| Burford Capital Global Finance LLC |  |  |
| 6.25%, 04/15/2028 <sup>(C)</sup> <br>| 2500000 | 2493168 |
| 9.25%, 07/01/2031 <sup>(C)</sup> <br>| 4750000 | 5022979 |
| Citadel LP |  |  |
| 6.38%, 01/23/2032 <sup>(C)</sup> <br>| 4750000 | 4929912 |
| Coinbase Global, Inc. |  |  |
| 3.63%, 10/01/2031 <sup>(C)</sup> <br>| 1250000 | 1118747 |
| EZCORP, Inc. |  |  |
| 7.38%, 04/01/2032 <sup>(C)</sup> <br>| 850000 | 885241 |
| ILFC E-Capital Trust I |  |  |
| &nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 0.00%, <br>6.43% <sup>(D)</sup>, 12/21/2065 <sup>(C)</sup> <br>| 3400000 | 2843099 |
| OneMain Finance Corp. |  |  |
| 6.13%, 05/15/2030 <sup>(F)</sup> <br>| 750000 | 751260 |
| 7.13%, 11/15/2031 | 2100000 | 2167882 |
| 7.50%, 05/15/2031 | 2000000 | 2084337 |
| PRA Group, Inc. |  |  |
| 5.00%, 10/01/2029 <sup>(B)</sup><sup>(C)</sup> <br>| 1300000 | 1201064 |
| StoneX Group, Inc. |  |  |
| 7.88%, 03/01/2031 <sup>(C)</sup> <br>| 4175000 | 4386029 |
| World Acceptance Corp. |  |  |
| 7.00%, 11/01/2026 <sup>(C)</sup> <br>| 2475000 | 2515493 |
|  |  | 37684869 |
| **Food Products - 0.9%**  | **Food Products - 0.9%**  | **Food Products - 0.9%**  |
| Post Holdings, Inc. |  |  |
| 5.50%, 12/15/2029 <sup>(C)</sup> <br>| 2000000 | 1982663 |
| U.S. Foods, Inc. |  |  |
| 6.88%, 09/15/2028 <sup>(C)</sup> <br>| 2300000 | 2368715 |
| United Natural Foods, Inc. |  |  |
| 6.75%, 10/15/2028 <sup>(C)</sup> <br>| 2875000 | 2862850 |
|  |  | 7214228 |
| **Health Care Providers & Services - 1.1%**  | **Health Care Providers & Services - 1.1%**  | **Health Care Providers & Services - 1.1%**  |
| DaVita, Inc. |  |  |
| 6.88%, 09/01/2032 <sup>(C)</sup> <br>| 5950000 | 6117397 |
| Molina Healthcare, Inc. |  |  |
| 6.25%, 01/15/2033 <sup>(C)</sup> <br>| 2200000 | 2170538 |
|  |  | 8287935 |
| **Hotels, Restaurants & Leisure - 3.7%**  | **Hotels, Restaurants & Leisure - 3.7%**  | **Hotels, Restaurants & Leisure - 3.7%**  |
| Hilton Domestic Operating Co., Inc. |  |  |
| 5.88%, 03/15/2033 <sup>(C)</sup> <br>| 3000000 | 3022512 |
| Light & Wonder International, Inc. |  |  |
| 7.00%, 05/15/2028 <sup>(C)</sup> <br>| 2504000 | 2506642 |
| 7.50%, 09/01/2031 <sup>(C)</sup> <br>| 4500000 | 4690282 |
| Live Nation Entertainment, Inc. |  |  |
| 6.50%, 05/15/2027 <sup>(C)</sup> <br>| 2388000 | 2415247 |
| Marriott Ownership Resorts, Inc. |  |  |
| 4.75%, 01/15/2028 | 4950000 | 4829869 |
| NCL Corp. Ltd. |  |  |
| 8.13%, 01/15/2029 <sup>(C)</sup> <br>| 4800000 | 5042592 |
| Travel & Leisure Co. |  |  |
| 6.60%, 10/01/2025 | 3450000 | 3449007 |

---

**Transamerica Funds**

**Page 3**

------

**Transamerica Multi-Asset Income**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Hotels, Restaurants & Leisure (continued)** | **Hotels, Restaurants & Leisure (continued)** | **Hotels, Restaurants & Leisure (continued)** |
| VOC Escrow Ltd. |  |  |
| 5.00%, 02/15/2028 <sup>(C)</sup> <br>| $3366000 | $3335425 |
|  |  | 29291576 |
| **Household Products - 0.1%**  | **Household Products - 0.1%**  | **Household Products - 0.1%**  |
| Central Garden & Pet Co. |  |  |
| 5.13%, 02/01/2028 <sup>(B)</sup> <br>| 1141000 | 1136083 |
| **Insurance - 1.1%**  | **Insurance - 1.1%**  | **Insurance - 1.1%**  |
| Constellation Insurance, Inc. |  |  |
| 6.80%, 01/24/2030 <sup>(C)</sup> <br>| 1750000 | 1726032 |
| F&G Annuities & Life, Inc. |  |  |
| 6.50%, 06/04/2029 | 2750000 | 2833030 |
| Kuvare U.S. Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 05/01/2026, <br>7.00% <sup>(D)</sup>, 02/17/2051 <sup>(C)</sup> <br>| 1500000 | 1494553 |
| SBL Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 11/13/2026 <sup>(E)</sup>, <br>6.50% <sup>(C)</sup><sup>(D)</sup> <br>| 2500000 | 2326032 |
|  |  | 8379647 |
| **Internet & Catalog Retail - 0.3%**  | **Internet & Catalog Retail - 0.3%**  | **Internet & Catalog Retail - 0.3%**  |
| Gen Digital, Inc. |  |  |
| 6.25%, 04/01/2033 <sup>(C)</sup> <br>| 2500000 | 2548695 |
| **IT Services - 1.0%**  | **IT Services - 1.0%**  | **IT Services - 1.0%**  |
| Dell International LLC/EMC Corp. |  |  |
| 8.10%, 07/15/2036 | 405000 | 487202 |
| Leidos, Inc. |  |  |
| 7.13%, 07/01/2032 | 1800000 | 1981425 |
| NCR Atleos Corp. |  |  |
| 9.50%, 04/01/2029 <sup>(C)</sup> <br>| 3225000 | 3493820 |
| Seagate HDD Cayman |  |  |
| 8.50%, 07/15/2031 | 2000000 | 2112245 |
|  |  | 8074692 |
| **Leisure Products - 0.6%**  | **Leisure Products - 0.6%**  | **Leisure Products - 0.6%**  |
| Mattel, Inc. |  |  |
| 5.45%, 11/01/2041 | 5000000 | 4517004 |
| **Machinery - 0.6%**  | **Machinery - 0.6%**  | **Machinery - 0.6%**  |
| Regal Rexnord Corp. |  |  |
| 6.30%, 02/15/2030 | 2549000 | 2668275 |
| 6.40%, 04/15/2033 | 1900000 | 2008411 |
|  |  | 4676686 |
| **Media - 0.4%**  | **Media - 0.4%**  | **Media - 0.4%**  |
| Nexstar Media, Inc. |  |  |
| 4.75%, 11/01/2028 <sup>(B)</sup><sup>(C)</sup> <br>| 2986000 | 2902223 |
| **Metals & Mining - 0.8%**  | **Metals & Mining - 0.8%**  | **Metals & Mining - 0.8%**  |
| ATI, Inc. |  |  |
| 5.88%, 12/01/2027 | 4002000 | 3993710 |
| Carpenter Technology Corp. |  |  |
| 7.63%, 03/15/2030 | 250000 | 257972 |
| Cleveland-Cliffs, Inc. |  |  |
| 5.88%, 06/01/2027 | 650000 | 650476 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Metals & Mining (continued)** | **Metals & Mining (continued)** | **Metals & Mining (continued)** |
| First Quantum Minerals Ltd. |  |  |
| 6.88%, 10/15/2027 <sup>(B)</sup><sup>(C)</sup> <br>| $1247000 | $1249095 |
|  |  | 6151253 |
| **Mortgage Real Estate Investment Trusts - 0.2%**  | **Mortgage Real Estate Investment Trusts - 0.2%**  | **Mortgage Real Estate Investment Trusts - 0.2%**  |
| Starwood Property Trust, Inc. |  |  |
| 4.38%, 01/15/2027 <sup>(C)</sup> <br>| 1500000 | 1474368 |
| **Oil, Gas & Consumable Fuels - 3.4%**  | **Oil, Gas & Consumable Fuels - 3.4%**  | **Oil, Gas & Consumable Fuels - 3.4%**  |
| Hess Midstream Operations LP |  |  |
| 6.50%, 06/01/2029 <sup>(C)</sup> <br>| 3375000 | 3476591 |
| Murphy Oil Corp. |  |  |
| 6.00%, 10/01/2032 | 6625000 | 6357563 |
| Northern Oil & Gas, Inc. |  |  |
| 8.13%, 03/01/2028 <sup>(C)</sup> <br>| 2000000 | 2019470 |
| ONEOK Partners LP |  |  |
| 6.85%, 10/15/2037 | 2500000 | 2737348 |
| Permian Resources Operating LLC |  |  |
| 5.88%, 07/01/2029 <sup>(C)</sup> <br>| 2250000 | 2251375 |
| 9.88%, 07/15/2031 <sup>(C)</sup> <br>| 1132000 | 1232277 |
| Summit Midstream Holdings LLC |  |  |
| 8.63%, 10/31/2029 <sup>(C)</sup> <br>| 3325000 | 3386583 |
| Sunoco LP |  |  |
| 6.25%, 07/01/2033 <sup>(C)</sup> <br>| 500000 | 506400 |
| Sunoco LP/Sunoco Finance Corp. |  |  |
| 5.88%, 03/15/2028 | 1190000 | 1186762 |
| 7.00%, 09/15/2028 <sup>(C)</sup> <br>| 2850000 | 2935474 |
| Valero Energy Corp. |  |  |
| 8.75%, 06/15/2030 | 300000 | 346573 |
|  |  | 26436416 |
| **Passenger Airlines - 0.5%**  | **Passenger Airlines - 0.5%**  | **Passenger Airlines - 0.5%**  |
| American Airlines, Inc. |  |  |
| 8.50%, 05/15/2029 <sup>(B)</sup><sup>(C)</sup> <br>| 4048000 | 4230666 |
| **Personal Care Products - 0.4%**  | **Personal Care Products - 0.4%**  | **Personal Care Products - 0.4%**  |
| Edgewell Personal Care Co. |  |  |
| 5.50%, 06/01/2028 <sup>(C)</sup> <br>| 3000000 | 2977441 |
| **Pharmaceuticals - 0.1%**  | **Pharmaceuticals - 0.1%**  | **Pharmaceuticals - 0.1%**  |
| Bausch Health Cos., Inc. |  |  |
| 4.88%, 06/01/2028 <sup>(C)</sup> <br>| 1100000 | 973500 |
| **Software - 0.5%**  | **Software - 0.5%**  | **Software - 0.5%**  |
| Concentrix Corp. |  |  |
| 6.60%, 08/02/2028 <sup>(B)</sup> <br>| 1000000 | 1047107 |
| CoreWeave, Inc. |  |  |
| 9.25%, 06/01/2030 <sup>(C)</sup> <br>| 2950000 | 2964900 |
|  |  | 4012007 |
| **Specialized REITs - 0.3%**  | **Specialized REITs - 0.3%**  | **Specialized REITs - 0.3%**  |
| Iron Mountain, Inc. |  |  |
| 4.88%, 09/15/2027 <sup>(C)</sup> <br>| 1750000 | 1736717 |
| 6.25%, 01/15/2033 <sup>(C)</sup> <br>| 750000 | 762809 |
|  |  | 2499526 |
| **Textiles, Apparel & Luxury Goods - 0.2%**  | **Textiles, Apparel & Luxury Goods - 0.2%**  | **Textiles, Apparel & Luxury Goods - 0.2%**  |
| Crocs, Inc. |  |  |
| 4.25%, 03/15/2029 <sup>(C)</sup> <br>| 1500000 | 1426891 |

---

**Transamerica Funds**

**Page 4**

------

**Transamerica Multi-Asset Income**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Transportation Infrastructure - 1.1%**  | **Transportation Infrastructure - 1.1%**  | **Transportation Infrastructure - 1.1%**  |
| Danaos Corp. |  |  |
| 8.50%, 03/01/2028 <sup>(C)</sup> <br>| $1411000 | $1438720 |
| FTAI Aviation Investors LLC |  |  |
| 7.00%, 06/15/2032 <sup>(C)</sup> <br>| 3800000 | 3935322 |
| Star Leasing Co. LLC |  |  |
| 7.63%, 02/15/2030 <sup>(C)</sup> <br>| 2000000 | 1972713 |
| XPO CNW, Inc. |  |  |
| 6.70%, 05/01/2034 | 1181000 | 1228240 |
|  |  | 8574995 |
| &nbsp;&nbsp; **Total Corporate Debt Securities** <br>**(Cost $315,371,943)**<br>|  | 317838155 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **PREFERRED STOCKS - 4.5%**  | **PREFERRED STOCKS - 4.5%**  | **PREFERRED STOCKS - 4.5%**  |
| **Banks - 0.3%**  | **Banks - 0.3%**  | **Banks - 0.3%**  |
| Dime Community Bancshares, Inc., |  |  |
| 5.50% | 67045 | 1367718 |
| Regions Financial Corp., |  |  |
| Fixed until 09/15/2029, 6.95% <sup>(D)</sup> <br>| 51500 | 1314280 |
|  |  | 2681998 |
| **Capital Markets - 0.4%**  | **Capital Markets - 0.4%**  | **Capital Markets - 0.4%**  |
| Morgan Stanley, |  |  |
| Series P, 6.50% | 60000 | 1536000 |
| Series Q, 6.63% <sup>(B)</sup> <br>| 65000 | 1674400 |
|  |  | 3210400 |
| **Consumer Finance - 0.5%**  | **Consumer Finance - 0.5%**  | **Consumer Finance - 0.5%**  |
| Synchrony Financial, |  |  |
| &nbsp;&nbsp;&nbsp; Series B, Fixed until 05/15/2029, <br> 8.25% <sup>(D)</sup> <br>| 142000 | 3683480 |
| **Electric Utilities - 0.5%**  | **Electric Utilities - 0.5%**  | **Electric Utilities - 0.5%**  |
| SCE Trust VIII, |  |  |
| Series N, 6.95% <sup>(B)</sup> <br>| 75000 | 1682250 |
| Southern Co., |  |  |
| 6.50% | 100000 | 2609000 |
|  |  | 4291250 |
| **Insurance - 1.5%**  | **Insurance - 1.5%**  | **Insurance - 1.5%**  |
| Allstate Corp., |  |  |
| Series J, 7.38% | 73000 | 1965160 |
| Aspen Insurance Holdings Ltd., |  |  |
| 5.63% <sup>(B)</sup> <br>| 17900 | 364265 |
| Athene Holding Ltd., |  |  |
| Fixed until 03/30/2029, 7.25% <sup>(D)</sup> <br>| 160000 | 4028800 |
| Enstar Group Ltd., |  |  |
| Series E, 7.00% <sup>(B)</sup> <br>| 50000 | 1002500 |
| F&G Annuities & Life, Inc., |  |  |
| 7.30% <sup>(B)</sup> <br>| 30000 | 723300 |
| 7.95% | 97000 | 2598630 |
| Reinsurance Group of America, Inc., |  |  |
| Fixed until 10/15/2027, 7.13% <sup>(D)</sup> <br>| 40000 | 1036800 |
|  |  | 11719455 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **PREFERRED STOCKS (continued)** | **PREFERRED STOCKS (continued)** | **PREFERRED STOCKS (continued)** |
| **Mortgage Real Estate Investment Trusts - 0.8%**  | **Mortgage Real Estate Investment Trusts - 0.8%**  | **Mortgage Real Estate Investment Trusts - 0.8%**  |
| AGNC Investment Corp., |  |  |
| &nbsp;&nbsp;&nbsp; Series E, 3-Month Term SOFR + 5.25%, <br> 9.57% <sup>(B)</sup><sup>(D)</sup> <br>| 49300 | $1266517 |
| Annaly Capital Management, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; Series F, 3-Month Term SOFR + 5.25%, <br> 9.56% <sup>(D)</sup> <br>| 40784 | 1058753 |
| New York Mortgage Trust, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; Series F, Fixed until 10/15/2026, <br> 6.88% <sup>(D)</sup> <br>| 120000 | 2616000 |
| Rithm Capital Corp., |  |  |
| &nbsp;&nbsp;&nbsp; Series D, Fixed until 11/15/2026, <br> 7.00% <sup>(D)</sup> <br>| 65000 | 1591200 |
|  |  | 6532470 |
| **Real Estate Management & Development - 0.0% \*** | **Real Estate Management & Development - 0.0% \*** | **Real Estate Management & Development - 0.0% \*** |
| Brookfield Property Partners LP, |  |  |
| Series A-1, 6.50% | 6681 | 96540 |
| **Trading Companies & Distributors - 0.3%**  | **Trading Companies & Distributors - 0.3%**  | **Trading Companies & Distributors - 0.3%**  |
| Triton International Ltd., |  |  |
| Series E, 5.75% | 100000 | 1946000 |
| **Wireless Telecommunication Services - 0.2%**  | **Wireless Telecommunication Services - 0.2%**  | **Wireless Telecommunication Services - 0.2%**  |
| U.S. Cellular Corp., |  |  |
| 5.50% | 60100 | 1332417 |
| &nbsp;&nbsp; **Total Preferred Stocks** <br>**(Cost $36,399,128)**<br>|  | 35494010 |
| **OTHER INVESTMENT COMPANY - 2.4%**  | **OTHER INVESTMENT COMPANY - 2.4%**  | **OTHER INVESTMENT COMPANY - 2.4%**  |
| **Securities Lending Collateral - 2.4%**  | **Securities Lending Collateral - 2.4%**  | **Securities Lending Collateral - 2.4%**  |
| &nbsp;&nbsp; State Street Navigator Securities Lending <br> Trust - Government Money Market Portfolio, <br> 4.27% <sup>(G)</sup> <br>| 18815025 | 18815025 |
| &nbsp;&nbsp; **Total Other Investment Company** <br>**(Cost $18,815,025)** | &nbsp;&nbsp; **Total Other Investment Company** <br>**(Cost $18,815,025)** | 18815025 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **REPURCHASE AGREEMENT - 0.5%**  | **REPURCHASE AGREEMENT - 0.5%**  | **REPURCHASE AGREEMENT - 0.5%**  |
| &nbsp;&nbsp; Fixed Income Clearing Corp., <br>1.80% <sup>(G)</sup>, dated 07/31/2025, to be <br> repurchased at $3,685,283 on 08/01/2025. <br> Collateralized by a U.S. Government <br> Obligation, 3.75% due 04/30/2027, and with <br> a value of $3,758,869.<br>| $3685098 | 3685098 |
| &nbsp;&nbsp; **Total Repurchase Agreement** <br>**(Cost $3,685,098)** | &nbsp;&nbsp; **Total Repurchase Agreement** <br>**(Cost $3,685,098)** | 3685098 |
| &nbsp;&nbsp; **Total Investments** <br>**(Cost $664,950,532)** | &nbsp;&nbsp; **Total Investments** <br>**(Cost $664,950,532)** | 799090361 |
| **Net Other Assets (Liabilities) - (1.5)%** | **Net Other Assets (Liabilities) - (1.5)%** | (11580474) |
| **Net Assets - 100.0%** | **Net Assets - 100.0%** | **$787509887** |

---

**Transamerica Funds**

**Page 5**

------

**Transamerica Multi-Asset Income**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

**INVESTMENT VALUATION:**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs** <sup>(H)</sup> <br>|  |  |  |  |
|  | **Level 1 -** <br>**Unadjusted** <br>**Quoted Prices**<br>| **Level 2 -** <br>**Other Significant** <br>**Observable Inputs**<br>| **Level 3 -** <br>**Significant** <br>**Unobservable Inputs**<br>| **Value** |
| **ASSETS** |  |  |  |  |
| **Investments** |  |  |  |  |
| Common Stocks | $423258073 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $423258073 |
| Corporate Debt Securities |  | &nbsp;&nbsp; 317838155 | &nbsp;&nbsp; — | &nbsp;&nbsp; 317838155 |
| Preferred Stocks | 35494010 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 35494010 |
| Other Investment Company | 18815025 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 18815025 |
| Repurchase Agreement |  | &nbsp;&nbsp; 3685098 | &nbsp;&nbsp; — | &nbsp;&nbsp; 3685098 |
| **Total Investments** | **$477567108** | &nbsp;&nbsp; **$321523253** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$799090361** |

---

**FOOTNOTES TO SCHEDULE OF INVESTMENTS:** 

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

<sup>(A)</sup> *Non-income producing security.*

<sup>(B)</sup> *All or a portion of the security is on loan. The total value of the securities on loan is $23,641,440, collateralized by cash collateral of $18,815,025 and* *non-cash collateral, such as U.S. government securities of $5,388,036. The amount on loan indicated may not correspond with the securities on loan* *identified because a security with pending sales are in the process of recall from the brokers.* 

<sup>(C)</sup> *Security is exempt from registration pursuant to Rule 144A of the Securities Act of 1933. Security may be resold as transactions exempt from* *registration, normally to qualified institutional buyers. At July 31, 2025, the total value of 144A securities is $202,860,611, representing 25.8% of the* *Fund's net assets.* 

<sup>(D)</sup> *Floating or variable rate security. The rate disclosed is as of July 31, 2025. 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.* 

<sup>(E)</sup> *Perpetual maturity. The date displayed is the next call date.*

<sup>(F)</sup> *When-issued, delayed-delivery and/or forward commitment (including TBAs) security. Security to be settled and delivered after July 31, 2025. Security* *may display a coupon rate of 0.00%, as the rate is to be determined at time of settlement.* 

<sup>(G)</sup> *Rate disclosed reflects the yield at July 31, 2025.*

<sup>(H)</sup> *There were no transfers in or out of Level 3 during the period ended July 31, 2025. Please reference the Investment Valuation section of the Notes to* *Schedule of Investments for more information regarding investment valuation and pricing inputs.* 

**PORTFOLIO ABBREVIATION(S):** 

*REIT* *Real Estate Investment Trust* <br> *SOFR* *Secured Overnight Financing Rate*

**Transamerica Funds**

**Page 6**

------

**Transamerica Multi-Asset Income**

------

**NOTES TO SCHEDULE OF INVESTMENTS**

**At July 31, 2025**

**(unaudited)**

**INVESTMENT VALUATION**

Transamerica Multi-Asset Income (the "Fund") is a series of the Transamerica Funds.

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

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

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

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

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

The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. Certain investments that are measured at fair value using Net Asset Value ("NAV") per share, or its equivalent, using the "practical expedient" have not been classified in the fair value Levels. The hierarchy classification of inputs used to value the Fund's investments at July 31, 2025, 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:

*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.

*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.

*Foreign equity securities:* Securities in which the primary trading market closes at the same time or after the NYSE, are valued based on quotations from the primary market in which they are traded and are categorized in Level 1. Because many foreign securities markets and exchanges close prior to the close of the NYSE, closing prices for foreign securities in those markets or on those exchanges do not reflect the events that occur after that close. Certain foreign securities may be fair valued using a pricing service that considers the correlation of

**Transamerica Funds**

**Page 7**

------

**Transamerica Multi-Asset Income**

------

**NOTES TO SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

the trading patterns of the foreign security to the intraday trading in the U.S. markets for investments such as American Depositary Receipts, financial futures, or ETFs and the movement of certain indices of securities based on a statistical analysis of their historical relationship; such valuations generally are categorized in Level 2.

*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.

*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 8**

------

## 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 Multi-Asset Income

- **b. EDGAR series identifier (if any):** S000044276

- **c. LEI of Series:** 5493005P19Q81NCL2N74

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $831146188.42

**Total Liabilities:** $43621526.70

**Net Assets:** $787524661.72

**Delayed Delivery Securities:** $751875.00

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -183.04000000 | **1-Year:** -4400.94000000 | **5-Year:** -17236.54000000 | **10-Year:** -17796.49000000 | **30-Year:** -9052.54000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -2008.51000000 | **1-Year:** -20487.62000000 | **5-Year:** -32575.25000000 | **10-Year:** -13498.54000000 | **30-Year:** -7173.34000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000137935 | 3.27%                | 3.78%                | 1.50%                |
| Class ID C000137933 | 3.22%                | 3.63%                | 1.40%                |
| Class ID C000137932 | 3.27%                | 3.75%                | 1.52%                |
| Class ID C000137934 | 3.29%                | 3.77%                | 1.47%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-508453.79              | $21557894.13                               |
| Month 2  | $-350404.76              | $25709808.95                               |
| Month 3  | $-346463.03              | $10197093.80                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TRAVEL + LEISURE CO                  | Travel & Leisure Co.                                                        | CUSIP: 98310WAM0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |   3450000 | PA      | $3449007.44   | 0.44%             | 2025-10-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| TRITON INTERNATIONAL LTD             | Triton International Ltd.                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |    100000 | NS      | $1946000.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| DILLARDS INC                         | Dillard's, Inc.                                                             | CUSIP: 254063AU4<br>LEI: 529900FGYKMWL6019P91 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1167372.74   | 0.15%             | 2026-07-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Blackrock Inc                        | Blackrock, Inc.                                                             | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |     15000 | NS      | $16590150.00  | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| WORLD ACCEPTANCE CORP                | World Acceptance Corp.                                                      | CUSIP: 981419AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2475000 | PA      | $2515493.48   | 0.32%             | 2026-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc       | American Electric Power Co., Inc.                                           | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     50000 | NS      | $5657000.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| MOLINA HEALTHCARE INC                | Molina Healthcare, Inc.                                                     | CUSIP: 60855RAM2<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2170538.04   | 0.28%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Vistra Corp                          | Vistra Corp.                                                                | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     20000 | NS      | $4170800.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN CO                          | Southern Co.                                                                | CUSIP: 842587867<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EP               | CORP              | US        |    100000 | NS      | $2609000.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMMIT MIDSTREAM HOLDING             | Summit Midstream Holdings LLC                                               | CUSIP: 86614JAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3325000 | PA      | $3386582.96   | 0.43%             | 2029-10-31      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| Progressive Corp/The                 | Progressive Corp.                                                           | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     20000 | NS      | $4840800.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| EDGEWELL PERSONAL CARE               | Edgewell Personal Care Co.                                                  | CUSIP: 28035QAA0<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2977441.35   | 0.38%             | 2028-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                  | Dominion Energy, Inc.                                                       | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |    100000 | NS      | $5845000.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc               | UnitedHealth Group, Inc.                                                    | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     14100 | NS      | $3518796.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                       | Morgan Stanley                                                              | CUSIP: 61762V853<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |     60000 | NS      | $1536000.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| COINBASE GLOBAL INC                  | Coinbase Global, Inc.                                                       | CUSIP: 19260QAD9<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1118747.25   | 0.14%             | 2031-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| International Business Machines Corp | International Business Machines Corp.                                       | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     65000 | NS      | $16454750.00  | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                     | Wells Fargo & Co.                                                           | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    100000 | NS      | $8063000.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLSTATE CORP                        | Allstate Corp.                                                              | CUSIP: 020002788<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EP               | CORP              | US        |     73000 | NS      | $1965160.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC Investment Corp                 | AGNC Investment Corp.                                                       | CUSIP: 00123Q104<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EC               |  | US        |    550000 | NS      | $5186500.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: —       |
| DILLARDS INC                         | Dillard's, Inc.                                                             | CUSIP: 254067AN1<br>LEI: 529900FGYKMWL6019P91 | Long             | DBT              | CORP              | US        |    230000 | PA      | $243762.33    | 0.03%             | 2028-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Interactive Brokers Group Inc        | Interactive Brokers Group, Inc.                                             | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |    126056 | NS      | $8264231.36   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| DAVITA INC                           | DaVita, Inc.                                                                | CUSIP: 23918KAW8<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |   5950000 | PA      | $6117397.30   | 0.78%             | 2032-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| FNB CORP                             | FNB Corp.                                                                   | CUSIP: 302520AD3<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5538239.41   | 0.70%             | 2030-12-11      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESOR             | Marriott Ownership Resorts, Inc.                                            | CUSIP: 57164PAF3<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |   4950000 | PA      | $4829868.95   | 0.61%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AMSTED INDUSTRIES                    | Amsted Industries, Inc.                                                     | CUSIP: 032177AK3<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3047877.00   | 0.39%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                        | Citigroup, Inc.                                                             | CUSIP: 172967PK1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3068274.00   | 0.39%             | 2029-08-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                           | AbbVie, Inc.                                                                | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     60000 | NS      | $11341200.00  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD RESID PROPERT             | Brookfield Residential Properties, Inc./Brookfield Residential U.S. LLC     | CUSIP: 11283YAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1300000 | PA      | $1297436.79   | 0.16%             | 2027-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UNITED NATURAL FOODS INC             | United Natural Foods, Inc.                                                  | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |   2875000 | PA      | $2862849.91   | 0.36%             | 2028-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC               | WESCO Distribution, Inc.                                                    | CUSIP: 95081QAR5<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2063620.00   | 0.26%             | 2032-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL & GAS INC               | Northern Oil & Gas, Inc.                                                    | CUSIP: 665531AG4<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2019470.00   | 0.26%             | 2028-03-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| FORESTAR GROUP INC                   | Forestar Group, Inc.                                                        | CUSIP: 346232AE1<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4962098.00   | 0.63%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                | Quikrete Holdings, Inc.                                                     | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |   3450000 | PA      | $3538302.75   | 0.45%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CONCENTRIX CORP                      | Concentrix Corp.                                                            | CUSIP: 20602DAB7<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1047106.64   | 0.13%             | 2028-08-02      | Fixed         | 6.60%                 | No            |                  2 | On Loan: —       |
| State Street Global Advisors         | State Street Navigator Securities Lending Government Money Market Portfolio | CUSIP: 857509301<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |  18803480 | NS      | $18803479.50  | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO             | Jaguar Land Rover Automotive PLC                                            | CUSIP: 47010BAK0<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |   1750000 | PA      | $1755334.00   | 0.22%             | 2028-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                         | U.S. Foods, Inc.                                                            | CUSIP: 90290MAG6<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2368714.80   | 0.30%             | 2028-09-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                        | Citigroup, Inc.                                                             | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    100000 | NS      | $9370000.00   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL              | Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC               | CUSIP: 91327BAB6<br>LEI: N/A                  | Long             | DBT              |  | US        |   1500000 | PA      | $1453672.80   | 0.18%             | 2028-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC             | Permian Resources Operating LLC                                             | CUSIP: 27034RAC7<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   1132000 | PA      | $1232277.09   | 0.16%             | 2031-07-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| JB POINDEXTER & CO INC               | JB Poindexter & Co., Inc.                                                   | CUSIP: 465965AC5<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |   3100000 | PA      | $3170486.28   | 0.40%             | 2031-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP                   | Regal Rexnord Corp.                                                         | CUSIP: 758750AN3<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |   2549000 | PA      | $2668275.15   | 0.34%             | 2030-02-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                      | Gen Digital, Inc.                                                           | CUSIP: 668771AM0<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2548695.00   | 0.32%             | 2033-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP                   | Regal Rexnord Corp.                                                         | CUSIP: 758750AP8<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $2008410.85   | 0.26%             | 2033-04-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Medtronic PLC                        | Medtronic PLC                                                               | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |    100000 | NS      | $9024000.00   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUE OWL CREDIT INCOME               | Blue Owl Credit Income Corp.                                                | CUSIP: 09581CAD3<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |   6500000 | PA      | $6512049.25   | 0.83%             | 2030-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| CNH Industrial NV                    | CNH Industrial NV                                                           | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | NL        |    150000 | NS      | $1944000.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                      | Southern Co.                                                                | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     80000 | NS      | $7558400.00   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| PRA GROUP INC                        | PRA Group, Inc.                                                             | CUSIP: 69354NAD8<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1201063.76   | 0.15%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| CITIGROUP INC                        | Citigroup, Inc.                                                             | CUSIP: 17327CAV5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1512153.00   | 0.19%             | 2030-02-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                        | CoreWeave, Inc.                                                             | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   2950000 | PA      | $2964900.21   | 0.38%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL              | Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC               | CUSIP: 91327TAA9<br>LEI: N/A                  | Long             | DBT              |  | US        |    275000 | PA      | $290641.73    | 0.04%             | 2028-02-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP               | Sunoco LP/Sunoco Finance Corp.                                              | CUSIP: 86765KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2850000 | PA      | $2935474.35   | 0.37%             | 2028-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Gaming and Leisure Properties Inc    | Gaming & Leisure Properties, Inc.                                           | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               |  | US        |     35000 | NS      | $1595300.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The              | Procter & Gamble Co.                                                        | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     50000 | NS      | $7523500.00   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC INVESTMENT CORP                 | AGNC Investment Corp.                                                       | CUSIP: 00123Q807<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               |  | US        |     49300 | NS      | $1266517.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Valero Energy Corp                   | Valero Energy Corp.                                                         | CUSIP: 91913YAB6<br>LEI: 549300XTO5VR8SKV1V74 | Long             | DBT              | CORP              | US        |    300000 | PA      | $346572.92    | 0.04%             | 2030-06-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST              | Starwood Property Trust, Inc.                                               | CUSIP: 85571BAY1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |   1500000 | PA      | $1474367.88   | 0.19%             | 2027-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SCE TRUST VIII                       | SCE Trust VIII                                                              | CUSIP: 80620A208<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     75000 | NS      | $1682250.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| CROCS INC                            | Crocs, Inc.                                                                 | CUSIP: 227046AA7<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1426891.20   | 0.18%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Cummins Inc                          | Cummins, Inc.                                                               | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     15000 | NS      | $5514300.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| SEAGATE HDD CAYMAN                   | Seagate HDD Cayman                                                          | CUSIP: 81180WBP5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |   2000000 | PA      | $2112244.72   | 0.27%             | 2031-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                       | Microsoft Corp.                                                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     47500 | NS      | $25341250.00  | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC              | Goldman Sachs Group, Inc.                                                   | CUSIP: 38141GC28<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2042519.16   | 0.26%             | 2030-02-10      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| US CELLULAR CORP                     | U.S. Cellular Corp.                                                         | CUSIP: 911684801<br>LEI: 549300B164AZXESI6E03 | Long             | EP               | CORP              | US        |     60100 | NS      | $1332417.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ILFC E-CAPITAL TRUST I               | ILFC E-Capital Trust I                                                      | CUSIP: 44965TAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3400000 | PA      | $2843099.38   | 0.36%             | 2065-12-21      | Variable      | 6.43%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC             | Permian Resources Operating LLC                                             | CUSIP: 19416MAB5<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2251374.75   | 0.29%             | 2029-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                   | Ally Financial, Inc.                                                        | CUSIP: 02005NBN9<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2052438.59   | 0.26%             | 2028-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| DANAOS CORP                          | Danaos Corp.                                                                | CUSIP: 23585WAA2<br>LEI: 734IM3DNDNT36T7YTD24 | Long             | DBT              | CORP              | MH        |   1411000 | PA      | $1438720.51   | 0.18%             | 2028-03-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NVIDIA Corp                          | NVIDIA Corp.                                                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     85000 | NS      | $15118950.00  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                         | Chevron Corp.                                                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30000 | NS      | $4549200.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEMAIN FINANCE CORP                 | OneMain Finance Corp.                                                       | CUSIP: 682691AL4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    750000 | PA      | $751260.00    | 0.10%             | 2030-05-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                          | Chemours Co.                                                                | CUSIP: 163851AF5<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |   2495000 | PA      | $2291485.35   | 0.29%             | 2028-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Ryman Hospitality Properties Inc     | Ryman Hospitality Properties, Inc.                                          | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               |  | US        |     35000 | NS      | $3327100.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                         | Alphabet, Inc.                                                              | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    112500 | NS      | $21696750.00  | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC              | Goldman Sachs Group, Inc.                                                   | CUSIP: 38141GB52<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2045000 | PA      | $2022220.34   | 0.26%             | 2034-11-10      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| Cigna Group/The                      | Cigna Group                                                                 | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     10000 | NS      | $2673800.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP                   | Rithm Capital Corp.                                                         | CUSIP: 64828T706<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               |  | US        |     65000 | NS      | $1591200.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| WINNEBAGO INDUSTRIES                 | Winnebago Industries, Inc.                                                  | CUSIP: 974637AC4<br>LEI: 549300B7OYKYJLTE3G11 | Long             | DBT              | CORP              | US        |    899000 | PA      | $892629.42    | 0.11%             | 2028-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Sempra                               | Sempra                                                                      | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     15000 | NS      | $1225200.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Advertising Co                 | Lamar Advertising Co.                                                       | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               |  | US        |     25000 | NS      | $3056250.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods Inc            | Dick's Sporting Goods, Inc.                                                 | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |     30000 | NS      | $6345300.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION INSURC INC             | Constellation Insurance, Inc.                                               | CUSIP: 67740QAH9<br>LEI: 549300K609B872PZT291 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1726031.90   | 0.22%             | 2030-01-24      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| COMPASS GROUP DIVERSIFIE             | Compass Group Diversified Holdings LLC                                      | CUSIP: 20451RAC6<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2452448.88   | 0.31%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fixed Income Clearing Corp           | FIXED INC CLEARING CORP.REPO                                                | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |   3685098 | PA      | $3685098.43   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN ASSETS TRUST LP             | American Assets Trust LP                                                    | CUSIP: 02401LAB0<br>LEI: 549300V1TI0SMG9Z6U69 | Long             | DBT              |  | US        |    635000 | PA      | $634377.52    | 0.08%             | 2034-10-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                  | FS KKR Capital Corp.                                                        | CUSIP: 302635AN7<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |   3850000 | PA      | $3973914.14   | 0.50%             | 2029-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| REGIONS FINANCIAL CORP               | Regions Financial Corp.                                                     | CUSIP: 7591EP860<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |     51500 | NS      | $1314280.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Co              | Central Garden & Pet Co.                                                    | CUSIP: 153527AM8<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |   1141000 | PA      | $1136082.63   | 0.14%             | 2028-02-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| SYNCHRONY FINANCIAL                  | Synchrony Financial                                                         | CUSIP: 87165B400<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EP               | CORP              | US        |    142000 | NS      | $3683480.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO CNW Inc                          | XPO CNW, Inc.                                                               | CUSIP: 12612WAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1181000 | PA      | $1228240.00   | 0.16%             | 2034-05-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST             | FTAI Aviation Investors LLC                                                 | CUSIP: 34960PAG6<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   3800000 | PA      | $3935321.80   | 0.50%             | 2032-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ASPEN INSURANCE HLDG LTD             | Aspen Insurance Holdings Ltd.                                               | CUSIP: 000000000<br>LEI: 549300YX6HECG9XQCQ75 | Long             | EP               | CORP              | BM        |     17900 | NS      | $364265.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| ATHENE HOLDING LTD                   | Athene Holding Ltd.                                                         | CUSIP: 04686J838<br>LEI: 549300H316CT32FQXI76 | Long             | EP               | CORP              | US        |    160000 | NS      | $4028800.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| SONIC AUTOMOTIVE INC                 | Sonic Automotive, Inc.                                                      | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2404282.75   | 0.31%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| NEW YORK MORTGAGE TRUST              | New York Mortgage Trust, Inc.                                               | CUSIP: 649604865<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EP               |  | US        |    120000 | NS      | $2616000.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| KUVARE US HOLDINGS INC               | Kuvare U.S. Holdings, Inc.                                                  | CUSIP: 50149XAA2<br>LEI: 254900MGBERNLZXF7O58 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1494553.41   | 0.19%             | 2051-02-17      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ACADEMY LTD                          | Academy Ltd.                                                                | CUSIP: 00401YAA8<br>LEI: 549300BN53IR80C35Z14 | Long             | DBT              | CORP              | US        |   5150000 | PA      | $5139109.81   | 0.65%             | 2027-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                         | Broadcom, Inc.                                                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     60000 | NS      | $17622000.00  | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                            | Amgen, Inc.                                                                 | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     30000 | NS      | $8853000.00   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                           | Unum Group                                                                  | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |     75000 | NS      | $5385750.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN             | Archrock Partners LP/Archrock Partners Finance Corp.                        | CUSIP: 03959KAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1499914.55   | 0.19%             | 2028-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BLUELINX HOLDING                     | BlueLinx Holdings, Inc.                                                     | CUSIP: 09624HAA7<br>LEI: 549300YSX7GU28F5I540 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1119373.66   | 0.14%             | 2029-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Evergy Inc                           | Evergy, Inc.                                                                | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     65000 | NS      | $4602000.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc                    | Iron Mountain, Inc.                                                         | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               |  | US        |     60000 | NS      | $5841600.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP                   | Rithm Capital Corp.                                                         | CUSIP: 64828TAC6<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              |  | US        |   1050000 | PA      | $1068931.50   | 0.14%             | 2030-07-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BURFORD CAPITAL GLBL FIN             | Burford Capital Global Finance LLC                                          | CUSIP: 12116LAE9<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |   4750000 | PA      | $5022978.70   | 0.64%             | 2031-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                  | Dominion Energy, Inc.                                                       | CUSIP: 25746UDV8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1024678.00   | 0.13%             | 2055-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| FedEx Corp                           | FedEx Corp.                                                                 | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |     17500 | NS      | $3911075.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC             | Builders FirstSource, Inc.                                                  | CUSIP: 12008RAN7<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1957756.40   | 0.25%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| F&G ANNUITIES & LIFE INC             | F&G Annuities & Life, Inc.                                                  | CUSIP: 30190A203<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     97000 | NS      | $2598630.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                  | Synchrony Financial                                                         | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     85000 | NS      | $5921950.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| DELL INT LLC / EMC CORP              | Dell International LLC/EMC Corp.                                            | CUSIP: 24703TAJ5<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    405000 | PA      | $487201.85    | 0.06%             | 2036-07-15      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP               | Sunoco LP/Sunoco Finance Corp.                                              | CUSIP: 86765LAN7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1190000 | PA      | $1186761.53   | 0.15%             | 2028-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Arista Networks Inc                  | Arista Networks, Inc.                                                       | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     60000 | NS      | $7393200.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| REINSURANCE GRP OF AMER              | Reinsurance Group of America, Inc.                                          | CUSIP: 759351885<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EP               | CORP              | US        |     40000 | NS      | $1036800.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The          | Goldman Sachs Group, Inc.                                                   | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     24500 | NS      | $17727955.00  | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ASHTEAD CAPITAL INC                  | Ashtead Capital, Inc.                                                       | CUSIP: 045054AQ6<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2526766.08   | 0.32%             | 2033-05-30      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ATI INC                              | ATI, Inc.                                                                   | CUSIP: 01741RAH5<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |   4002000 | PA      | $3993709.86   | 0.51%             | 2027-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Leidos Inc                           | Leidos, Inc.                                                                | CUSIP: 808626AE5<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1981425.60   | 0.25%             | 2032-07-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PROPERTY PART             | Brookfield Property Partners LP                                             | CUSIP: 000000000<br>LEI: 5493004J5Z0TZW83NU62 | Long             | EP               | CORP              | BM        |      6681 | NS      | $96540.45     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SEALED AIR CORP                      | Sealed Air Corp.                                                            | CUSIP: 812127AC2<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3089811.00   | 0.39%             | 2032-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| BAUSCH HEALTH COS INC                | Bausch Health Cos., Inc.                                                    | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   1100000 | PA      | $973500.00    | 0.12%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L             | First Quantum Minerals Ltd.                                                 | CUSIP: 335934AT2<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   1247000 | PA      | $1249094.96   | 0.16%             | 2027-10-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| MORGAN STANLEY                       | Morgan Stanley                                                              | CUSIP: 61762V838<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |     65000 | NS      | $1674400.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Duke Energy Corp                     | Duke Energy Corp.                                                           | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     50000 | NS      | $6082000.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                   | Meta Platforms, Inc.                                                        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     18000 | NS      | $13921920.00  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICE CORP INTL                    | Service Corp. International                                                 | CUSIP: 817565BT0<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2588925.00   | 0.33%             | 2027-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TITAN INTERNATIONAL INC              | Titan International, Inc.                                                   | CUSIP: 88830MAM4<br>LEI: 254900CXRGBE7C4B5A06 | Long             | DBT              | CORP              | US        |    720000 | PA      | $719571.70    | 0.09%             | 2028-04-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL CAP FND                | Golub Capital Private Credit Fund                                           | CUSIP: 38179RAD7<br>LEI: 254900B5KBW6OY1F9951 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1003941.17   | 0.13%             | 2030-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| ANNALY CAPITAL MGMT                  | Annaly Capital Management, Inc.                                             | CUSIP: 035710870<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EP               |  | US        |     40784 | NS      | $1058752.64   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Bath & Body Works Inc                | Bath & Body Works, Inc.                                                     | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |    165000 | NS      | $4778400.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| LIVE NATION ENTERTAINMEN             | Live Nation Entertainment, Inc.                                             | CUSIP: 538034AV1<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |   2388000 | PA      | $2415247.08   | 0.31%             | 2027-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                        | Citigroup, Inc.                                                             | CUSIP: 172967PE5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1043192.00   | 0.13%             | 2028-11-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                         | Barclays PLC                                                                | CUSIP: 06738EDC6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $203733.54    | 0.03%             | 2035-03-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| INSTALLED BUILDING PRODU             | Installed Building Products, Inc.                                           | CUSIP: 45780RAA9<br>LEI: 549300I95Y9P9YM5FI86 | Long             | DBT              | CORP              | US        |   4801000 | PA      | $4787691.63   | 0.61%             | 2028-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC                    | Nexstar Media, Inc.                                                         | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |   2986000 | PA      | $2902222.99   | 0.37%             | 2028-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| MACY'S RETAIL HLDGS LLC              | Macy's Retail Holdings LLC                                                  | CUSIP: 55617LAS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1706475.56   | 0.22%             | 2033-08-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Allstate Corp/The                    | Allstate Corp.                                                              | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     25000 | NS      | $5081250.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| STONEX GROUP INC                     | StoneX Group, Inc.                                                          | CUSIP: 861896AA6<br>LEI: 549300JUF07L8VF02M60 | Long             | DBT              | CORP              | US        |   4175000 | PA      | $4386029.55   | 0.56%             | 2031-03-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC             | Ford Motor Credit Co. LLC                                                   | CUSIP: 345397E66<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1950541.12   | 0.25%             | 2034-03-08      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                    | Post Holdings, Inc.                                                         | CUSIP: 737446AP9<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1982663.60   | 0.25%             | 2029-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LKQ Corp                             | LKQ Corp.                                                                   | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |     60000 | NS      | $1768200.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| WEX INC                              | WEX, Inc.                                                                   | CUSIP: 96208TAD6<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3038484.00   | 0.39%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| F&G ANNUITIES & LIFE INC             | F&G Annuities & Life, Inc.                                                  | CUSIP: 30190A609<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     30000 | NS      | $723300.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Travel + Leisure Co                  | Travel & Leisure Co.                                                        | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |    145000 | NS      | $8591250.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| STAR LEASING CO LLC                  | Star Leasing Co. LLC                                                        | CUSIP: 854938AA5<br>LEI: 549300WXKNX4PT3HSN71 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1972712.80   | 0.25%             | 2030-02-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| CARPENTER TECHNOLOGY                 | Carpenter Technology Corp.                                                  | CUSIP: 144285AM5<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |    250000 | PA      | $257972.75    | 0.03%             | 2030-03-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                | American Airlines, Inc.                                                     | CUSIP: 023771T40<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |   4048000 | PA      | $4230666.00   | 0.54%             | 2029-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| HESS MIDSTREAM OPERATION             | Hess Midstream Operations LP                                                | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3375000 | PA      | $3476590.88   | 0.44%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC              | Talen Energy Supply LLC                                                     | CUSIP: 87422VAK4<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |   4250000 | PA      | $4516347.50   | 0.57%             | 2030-06-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| GEO GROUP INC/THE                    | GEO Group, Inc.                                                             | CUSIP: 36162JAG1<br>LEI: 54930024XOXET7NQVZ63 | Long             | DBT              | CORP              | US        |   3700000 | PA      | $3928381.76   | 0.50%             | 2029-04-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC               | WESCO Distribution, Inc.                                                    | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   2729000 | PA      | $2765339.36   | 0.35%             | 2028-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Enstar Group Ltd                     | Enstar Group Ltd.                                                           | CUSIP: 29359U208<br>LEI: 213800AMAL5QFXVUCN04 | Long             | EP               | CORP              | BM        |     50000 | NS      | $1002500.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| HILTON DOMESTIC OPERATIN             | Hilton Domestic Operating Co., Inc.                                         | CUSIP: 432833AR2<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3022512.00   | 0.38%             | 2033-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                 | Cleveland-Cliffs, Inc.                                                      | CUSIP: 185899AH4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    650000 | PA      | $650475.80    | 0.08%             | 2027-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                       | Morgan Stanley                                                              | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     64372 | NS      | $9170435.12   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEMAIN FINANCE CORP                 | OneMain Finance Corp.                                                       | CUSIP: 682691AG5<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2167882.50   | 0.28%             | 2031-11-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL CORP                      | Murphy Oil Corp.                                                            | CUSIP: 626717AP7<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |   6625000 | PA      | $6357563.19   | 0.81%             | 2032-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEW ENTERPRISE STONE & L             | New Enterprise Stone & Lime Co., Inc.                                       | CUSIP: 644274AH5<br>LEI: 549300O5DQ5Y61B8VF38 | Long             | DBT              | CORP              | US        |   3765000 | PA      | $3738020.76   | 0.47%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DIME COMMUNITY BANCSHARE             | Dime Community Bancshares, Inc.                                             | CUSIP: 25432X201<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     67045 | NS      | $1367718.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NCL CORPORATION LTD                  | NCL Corp. Ltd.                                                              | CUSIP: 62886HBN0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   4800000 | PA      | $5042592.00   | 0.64%             | 2029-01-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                 | OneMain Finance Corp.                                                       | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2084336.70   | 0.26%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BRUNDAGE-BONE CONCRETE               | Brundage-Bone Concrete Pumping Holdings, Inc.                               | CUSIP: 66981QAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3800000 | PA      | $3782560.66   | 0.48%             | 2032-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                  | JPMorgan Chase & Co.                                                        | CUSIP: 48128AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3075252.00   | 0.39%             | 2030-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC              | Light & Wonder International, Inc.                                          | CUSIP: 531968AA3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4690282.50   | 0.60%             | 2031-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                       | Bombardier, Inc.                                                            | CUSIP: 097751CB5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    825000 | PA      | $861469.95    | 0.11%             | 2031-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC              | Light & Wonder International, Inc.                                          | CUSIP: 80874YBC3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   2504000 | PA      | $2506641.72   | 0.32%             | 2028-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Apple Inc                            | Apple, Inc.                                                                 | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     75000 | NS      | $15567750.00  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| UPBOUND GROUP INC                    | Upbound Group, Inc.                                                         | CUSIP: 76009NAL4<br>LEI: 529900QUHE15UQNCCJ63 | Long             | DBT              | CORP              | US        |   3675000 | PA      | $3583705.91   | 0.46%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ACADIAN ASSET MANAGEMENT             | Acadian Asset Management, Inc.                                              | CUSIP: 10948WAA1<br>LEI: 5493004FTLQNQTBOP608 | Long             | DBT              | CORP              | US        |   4280000 | PA      | $4234273.76   | 0.54%             | 2026-07-27      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN             | Clarios Global LP/Clarios U.S. Finance Co.                                  | CUSIP: 69867DAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   1250000 | PA      | $1257611.25   | 0.16%             | 2027-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| COOPER TIRE & RUBBER CO              | Cooper Tire & Rubber Co. LLC                                                | CUSIP: 216831AB3<br>LEI: DE46ECQ8KH195MRIQN56 | Long             | DBT              | CORP              | US        |   5200000 | PA      | $5330000.00   | 0.68%             | 2027-03-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc                    | Iron Mountain, Inc.                                                         | CUSIP: 46284VAC5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |   1750000 | PA      | $1736717.15   | 0.22%             | 2027-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CORECIVIC INC                        | CoreCivic, Inc.                                                             | CUSIP: 21871NAC5<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2907847.25   | 0.37%             | 2029-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| M/I HOMES INC                        | M/I Homes, Inc.                                                             | CUSIP: 55305BAS0<br>LEI: 5299005M71FH9CCSFB69 | Long             | DBT              | CORP              | US        |   2235000 | PA      | $2212873.50   | 0.28%             | 2028-02-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| VOC Escrow Ltd                       | VOC Escrow Ltd.                                                             | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   3366000 | PA      | $3335424.60   | 0.42%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BURFORD CAPITAL GLBL FIN             | Burford Capital Global Finance LLC                                          | CUSIP: 12116LAA7<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2493168.00   | 0.32%             | 2028-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Nasdaq Inc                           | Nasdaq, Inc.                                                                | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     15000 | NS      | $1443300.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSDIGM INC                        | TransDigm, Inc.                                                             | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2515880.00   | 0.32%             | 2033-05-31      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                            | Sunoco LP                                                                   | CUSIP: 86765KAD1<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    500000 | PA      | $506400.50    | 0.06%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PROG HOLDINGS INC                    | PROG Holdings, Inc.                                                         | CUSIP: 74319RAA9<br>LEI: 549300DHYTLBOVRXIG52 | Long             | DBT              | CORP              | US        |   3300000 | PA      | $3184500.00   | 0.40%             | 2029-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NCR ATLEOS LLC                       | NCR Atleos Corp.                                                            | CUSIP: 638962AA8<br>LEI: 9845005FC3S0VA714741 | Long             | DBT              | CORP              | US        |   3225000 | PA      | $3493819.88   | 0.44%             | 2029-04-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Travelers Cos Inc/The                | Travelers Cos., Inc.                                                        | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     16651 | NS      | $4333256.24   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| IRON MOUNTAIN INC                    | Iron Mountain, Inc.                                                         | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    750000 | PA      | $762808.50    | 0.10%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Mattel Inc                           | Mattel, Inc.                                                                | CUSIP: 577081AW2<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4517003.50   | 0.57%             | 2041-11-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ONEOK Partners LP                    | ONEOK Partners LP                                                           | CUSIP: 68268NAD5<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2737348.00   | 0.35%             | 2037-10-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                       | Merck & Co., Inc.                                                           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    150000 | NS      | $11718000.00  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                          | Equinix, Inc.                                                               | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               |  | US        |     10000 | NS      | $7851700.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| F&G ANNUITIES & LIFE INC             | F&G Annuities & Life, Inc.                                                  | CUSIP: 30190AAF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2833030.04   | 0.36%             | 2029-06-04      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Quest Diagnostics Inc                | Quest Diagnostics, Inc.                                                     | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |     10000 | NS      | $1674100.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                  | JPMorgan Chase & Co.                                                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     40000 | NS      | $11849600.00  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                       | Amazon.com, Inc.                                                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     30000 | NS      | $7023300.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN CO                          | Southern Co.                                                                | CUSIP: 842587EB9<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3104136.27   | 0.39%             | 2055-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRANSALTA CORP                       | TransAlta Corp.                                                             | CUSIP: 89346DAH0<br>LEI: 984500EE2ADD850F1C96 | Long             | DBT              | CORP              | CA        |   1864000 | PA      | $1942191.07   | 0.25%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                     | Bank of Montreal                                                            | CUSIP: 06368L5Q5<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   3000000 | PA      | $3112845.00   | 0.40%             | 2084-11-26      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| EZCORP INC                           | EZCORP, Inc.                                                                | CUSIP: 302301AJ5<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | DBT              | CORP              | US        |    850000 | PA      | $885241.00    | 0.11%             | 2032-04-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ONEOK Inc                            | ONEOK, Inc.                                                                 | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     75000 | NS      | $6158250.00   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| SBL HOLDINGS INC                     | SBL Holdings, Inc.                                                          | CUSIP: 78397DAC2<br>LEI: 635400MJW3QDSBJRKQ59 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2326031.75   | 0.30%             | 2026-11-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CITADEL LP                           | Citadel LP                                                                  | CUSIP: 17288XAC8<br>LEI: 549300IPM6EKPVUPFL67 | Long             | DBT              | CORP              | US        |   4750000 | PA      | $4929911.90   | 0.63%             | 2032-01-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp           | Capital One Financial Corp.                                                 | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     40000 | NS      | $8600000.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                  | Gilead Sciences, Inc.                                                       | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     50000 | NS      | $5614500.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| AG ISSUER LLC                        | AG Issuer LLC                                                               | CUSIP: 00119LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998944.60    | 0.13%             | 2028-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC             | Vistra Operations Co. LLC                                                   | CUSIP: 92840VAQ5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2748337.50   | 0.35%             | 2033-10-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** TRANSAMERICA FUNDS

**Signature:** Joshua Durham

**Name of Signer:** Joshua Durham

**Title:** Chief Operating Officer and Interim Treasurer