# EDGAR Filing Document

**Accession Number:** 0000787623
**File Stem:** 0001410368-25-007610
**Filing Date:** 2025-9
**Character Count:** 82462
**Document Hash:** 45431e24ac294abbbb699b6fef3fd82f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-007610.hdr.sgml**: 20250922

**ACCESSION NUMBER**: 0001410368-25-007610

**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:** 251328850

**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 Inflation Opportunities (Series ID: S000044274)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000137927 | C            | TIOCX           |
| C000137928 | I            | ITIOX           |
| C000137929 | I2           |  |
| C000137930 | A            | TIOAX           |
| C000172159 | R6           | RTIOX           |
| C000244909 | R4           | TIOEX           |
| C000244910 | R            | TIODX           |
| C000244911 | I3           | TIOBX           |

## Nport-Ex

**Transamerica Inflation Opportunities**

------

**SCHEDULE OF INVESTMENTS**

**At July 31, 2025**

**(unaudited)**

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

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **U.S. GOVERNMENT OBLIGATIONS - 72.6%**  | **U.S. GOVERNMENT OBLIGATIONS - 72.6%**  | **U.S. GOVERNMENT OBLIGATIONS - 72.6%**  |
| **U.S. Treasury - 0.3%**  | **U.S. Treasury - 0.3%**  | **U.S. Treasury - 0.3%**  |
| U.S. Treasury Notes |  |  |
| 4.25%, 11/15/2034 | $500000 | $496875 |
|  |  | 496875 |
| **U.S. Treasury Inflation-Protected Securities - 72.3%**  | **U.S. Treasury Inflation-Protected Securities - 72.3%**  | **U.S. Treasury Inflation-Protected Securities - 72.3%**  |
| U.S. Treasury Inflation-Protected Indexed <br> Bonds |  |  |
| 0.13%, 02/15/2051 - 02/15/2052 | 4863325 | 2570359 |
| 0.25%, 02/15/2050 | 1875435 | 1069224 |
| 0.63%, 02/15/2043 | 3019939 | 2226354 |
| 0.75%, 02/15/2042 - 02/15/2045 | 8093455 | 6141588 |
| 1.00%, 02/15/2046 | 1017465 | 762291 |
| 1.38%, 02/15/2044 | 2965366 | 2470237 |
| 1.50%, 02/15/2053 | 2162760 | 1681586 |
| 1.75%, 01/15/2028 | 1994668 | 2016953 |
| 2.13%, 02/15/2040 - 02/15/2054 | 5610513 | 5411108 |
| 2.38%, 01/15/2027 - 02/15/2055 | 3722164 | 3717430 |
| 2.50%, 01/15/2029 | 2694774 | 2801259 |
| 3.38%, 04/15/2032 | 2827617 | 3139619 |
| 3.63%, 04/15/2028 | 944020 | 1001428 |
| 3.88%, 04/15/2029 | 2541929 | 2770495 |
| U.S. Treasury Inflation-Protected Indexed <br> Notes |  |  |
| 0.13%, 04/15/2026 - 01/15/2032 | 20564879 | 19298946 |
| 0.25%, 07/15/2029 | 2261970 | 2174242 |
| 0.38%, 01/15/2027 - 07/15/2027 | 8852458 | 8733984 |
| 0.50%, 01/15/2028 | 5277757 | 5177850 |
| 0.63%, 01/15/2026 - 07/15/2032 | 3963749 | 3779741 |
| 0.75%, 07/15/2028 | 4289910 | 4238714 |
| 0.88%, 01/15/2029 | 3309878 | 3259741 |
| 1.13%, 01/15/2033 | 1402856 | 1338379 |
| 1.25%, 04/15/2028 | 4500972 | 4491123 |
| 1.38%, 07/15/2033 | 3175200 | 3076216 |
| 1.63%, 10/15/2027 - 04/15/2030 | 7206972 | 7284529 |
| 1.75%, 01/15/2034 | 941148 | 930551 |
| 2.13%, 04/15/2029 - 01/15/2035 | 6081849 | 6209349 |
| 2.38%, 10/15/2028 | 3673110 | 3806918 |
|  |  | 111580214 |
| &nbsp;&nbsp; **Total U.S. Government Obligations** <br>**(Cost $119,271,966)**<br>|  | 112077089 |
| **CORPORATE DEBT SECURITIES - 14.1%**  | **CORPORATE DEBT SECURITIES - 14.1%**  | **CORPORATE DEBT SECURITIES - 14.1%**  |
| **Aerospace & Defense - 0.2%**  | **Aerospace & Defense - 0.2%**  | **Aerospace & Defense - 0.2%**  |
| Boeing Co. |  |  |
| 3.25%, 02/01/2028 | 306000 | 296129 |
| **Automobiles - 0.4%**  | **Automobiles - 0.4%**  | **Automobiles - 0.4%**  |
| Ford Motor Credit Co. LLC |  |  |
| 6.05%, 11/05/2031 | 300000 | 300172 |
| Stellantis Finance U.S., Inc. |  |  |
| 6.45%, 03/18/2035 <sup>(A)</sup> <br>| 289000 | 289242 |
|  |  | 589414 |
| **Banks - 6.2%**  | **Banks - 6.2%**  | **Banks - 6.2%**  |
| BAC Capital Trust XIV |  |  |
| &nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 0.66%, <br>4.98% <sup>(B)</sup>, 08/15/2025 <sup>(C)</sup> <br>| 966000 | 794619 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Banks (continued)** | **Banks (continued)** | **Banks (continued)** |
| Bank of America Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 12/20/2027, <br>3.42% <sup>(B)</sup>, 12/20/2028<br>| $338000 | $330056 |
| &nbsp;&nbsp;&nbsp; Fixed until 10/25/2034, <br>5.52% <sup>(B)</sup>, 10/25/2035<br>| 968000 | 968930 |
| &nbsp;&nbsp;&nbsp; Fixed until 02/12/2035, <br>5.74% <sup>(B)</sup>, 02/12/2036<br>| 1200000 | 1220777 |
| Barclays PLC |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 09/10/2029, <br>4.94% <sup>(B)</sup>, 09/10/2030<br>| 320000 | 322262 |
| BNP Paribas SA |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 05/09/2030, <br>5.09% <sup>(B)</sup>, 05/09/2031 <sup>(A)</sup> <br>| 354000 | 357420 |
| BPCE SA |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 01/14/2045, <br>6.92% <sup>(B)</sup>, 01/14/2046 <sup>(A)</sup> <br>| 253000 | 264638 |
| Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 11/03/2031, <br>2.52% <sup>(B)</sup>, 11/03/2032<br>| 609000 | 531642 |
| &nbsp;&nbsp;&nbsp; Fixed until 09/19/2034, <br>5.41% <sup>(B)</sup>, 09/19/2039<br>| 228000 | 223232 |
| Deutsche Bank AG |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 05/28/2031, <br>3.04% <sup>(B)</sup>, 05/28/2032<br>| 700000 | 630269 |
| &nbsp;&nbsp;&nbsp; Fixed until 01/18/2028, <br>6.72% <sup>(B)</sup>, 01/18/2029<br>| 350000 | 366534 |
| Goldman Sachs Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 07/21/2031, <br>2.38% <sup>(B)</sup>, 07/21/2032<br>| 500000 | 436779 |
| HSBC Holdings PLC |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 11/03/2032, <br>8.11% <sup>(B)</sup>, 11/03/2033<br>| 379000 | 438415 |
| Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 09/16/2031, <br>2.48% <sup>(B)</sup>, 09/16/2036<br>| 958000 | 816589 |
| &nbsp;&nbsp;&nbsp; Fixed until 10/18/2029, <br>4.65% <sup>(B)</sup>, 10/18/2030<br>| 800000 | 801599 |
| NatWest Group PLC |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 08/28/2030, <br>3.03% <sup>(B)</sup>, 11/28/2035<br>| 381000 | 343782 |
| &nbsp;&nbsp;&nbsp; Fixed until 08/15/2029, <br>4.96% <sup>(B)</sup>, 08/15/2030<br>| 300000 | 303222 |
| UBS Group AG |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 05/09/2035, <br>5.58% <sup>(B)</sup>, 05/09/2036 <sup>(A)</sup> <br>| 210000 | 213885 |
| Zions Bancorp NA |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 08/19/2034, <br>6.82% <sup>(B)</sup>, 11/19/2035<br>| 252000 | 263068 |
|  |  | 9627718 |
| **Chemicals - 1.0%**  | **Chemicals - 1.0%**  | **Chemicals - 1.0%**  |
| Albemarle Corp. |  |  |
| 5.65%, 06/01/2052 <sup>(D)</sup> <br>| 479000 | 399141 |
| Dow Chemical Co. |  |  |
| 5.60%, 02/15/2054 | 88000 | 77720 |
| Eastman Chemical Co. |  |  |
| 5.75%, 03/08/2033 | 259000 | 268991 |
| Nutrien Ltd. |  |  |
| 5.25%, 03/12/2032 | 697000 | 707862 |

---

**Transamerica Series Trust**

**Page 1**

------

**Transamerica Inflation Opportunities**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Chemicals (continued)** | **Chemicals (continued)** | **Chemicals (continued)** |
| Sherwin-Williams Co. |  |  |
| 4.80%, 09/01/2031 | $142000 | $142928 |
|  |  | 1596642 |
| **Commercial Services & Supplies - 0.6%**  | **Commercial Services & Supplies - 0.6%**  | **Commercial Services & Supplies - 0.6%**  |
| Triton Container International Ltd. |  |  |
| 3.15%, 06/15/2031 <sup>(A)</sup> <br>| 968000 | 839851 |
| **Construction & Engineering - 0.2%**  | **Construction & Engineering - 0.2%**  | **Construction & Engineering - 0.2%**  |
| Lennar Corp. |  |  |
| 5.20%, 07/30/2030 | 128000 | 130400 |
| MasTec, Inc. |  |  |
| 5.90%, 06/15/2029 | 154000 | 159128 |
|  |  | 289528 |
| **Containers & Packaging - 0.6%**  | **Containers & Packaging - 0.6%**  | **Containers & Packaging - 0.6%**  |
| Smurfit Westrock Financing DAC |  |  |
| 5.42%, 01/15/2035 | 201000 | 204060 |
| Sonoco Products Co. |  |  |
| 5.00%, 09/01/2034 <sup>(D)</sup> <br>| 666000 | 647531 |
|  |  | 851591 |
| **Insurance - 0.7%**  | **Insurance - 0.7%**  | **Insurance - 0.7%**  |
| Hartford Insurance Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3-Month Term SOFR + 2.39%, <br>6.71% <sup>(B)</sup>, 02/12/2067 <sup>(A)</sup> <br>| 1196000 | 1112185 |
| **Machinery - 0.1%**  | **Machinery - 0.1%**  | **Machinery - 0.1%**  |
| Weir Group, Inc. |  |  |
| 5.35%, 05/06/2030 <sup>(A)</sup> <br>| 210000 | 212727 |
| **Metals & Mining - 1.6%**  | **Metals & Mining - 1.6%**  | **Metals & Mining - 1.6%**  |
| ArcelorMittal SA |  |  |
| 6.35%, 06/17/2054 <sup>(D)</sup> <br>| 385000 | 387011 |
| Corp. Nacional del Cobre de Chile |  |  |
| 6.33%, 01/13/2035 <sup>(A)</sup> <br>| 285000 | 295371 |
| Glencore Funding LLC |  |  |
| 2.63%, 09/23/2031 <sup>(A)</sup> <br>| 152000 | 133754 |
| 2.85%, 04/27/2031 <sup>(A)</sup> <br>| 634000 | 570561 |
| Newmont Corp./Newcrest Finance Pty. Ltd. |  |  |
| 5.75%, 11/15/2041 | 294000 | 295880 |
| Rio Tinto Finance USA PLC |  |  |
| 5.75%, 03/14/2055 | 252000 | 252081 |
| South32 Treasury Ltd. |  |  |
| 4.35%, 04/14/2032 <sup>(A)</sup> <br>| 615000 | 576891 |
|  |  | 2511549 |
| **Oil, Gas & Consumable Fuels - 2.4%**  | **Oil, Gas & Consumable Fuels - 2.4%**  | **Oil, Gas & Consumable Fuels - 2.4%**  |
| APA Corp. |  |  |
| 4.25%, 01/15/2030 <sup>(A)</sup> <br>| 1102000 | 1055605 |
| 6.10%, 02/15/2035 <sup>(A)</sup> <br>| 120000 | 117547 |
| Cheniere Energy Partners LP |  |  |
| 5.55%, 10/30/2035 <sup>(A)</sup> <br>| 130000 | 130655 |
| Diamondback Energy, Inc. |  |  |
| 5.40%, 04/18/2034 | 153000 | 153362 |
| Enbridge, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Fixed until 07/15/2027, <br>5.50% <sup>(B)</sup>, 07/15/2077<br>| 474000 | 469290 |

---

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** | **CORPORATE DEBT SECURITIES (continued)** |
| **Oil, Gas & Consumable Fuels (continued)** | **Oil, Gas & Consumable Fuels (continued)** | **Oil, Gas & Consumable Fuels (continued)** |
| Energy Transfer LP |  |  |
| 5.35%, 05/15/2045 | $138000 | $124044 |
| Enterprise Products Operating LLC |  |  |
| 3.70%, 01/31/2051 | 446000 | 319636 |
| &nbsp;&nbsp;&nbsp; Fixed until 08/16/2027, <br>5.25% <sup>(B)</sup>, 08/16/2077<br>| 248000 | 245244 |
| Phillips 66 Co. |  |  |
| 4.95%, 03/15/2035 <sup>(D)</sup> <br>| 409000 | 396851 |
| Var Energi ASA |  |  |
| 6.50%, 05/22/2035 <sup>(A)</sup> <br>| 206000 | 213478 |
| Woodside Finance Ltd. |  |  |
| 5.40%, 05/19/2030 | 408000 | 413725 |
|  |  | 3639437 |
| **Residential REITs - 0.0% \*** | **Residential REITs - 0.0% \*** | **Residential REITs - 0.0% \*** |
| ERP Operating LP |  |  |
| 4.95%, 06/15/2032 | 54000 | 54441 |
| **Semiconductors & Semiconductor Equipment - 0.1%**  | **Semiconductors & Semiconductor Equipment - 0.1%**  | **Semiconductors & Semiconductor Equipment - 0.1%**  |
| Foundry JV Holdco LLC |  |  |
| 5.90%, 01/25/2033 <sup>(A)</sup> <br>| 211000 | 216829 |
| &nbsp;&nbsp; **Total Corporate Debt Securities** <br>**(Cost $21,668,523)**<br>|  | 21838041 |
| **FOREIGN GOVERNMENT OBLIGATIONS - 9.6%**  | **FOREIGN GOVERNMENT OBLIGATIONS - 9.6%**  | **FOREIGN GOVERNMENT OBLIGATIONS - 9.6%**  |
| **Australia - 0.8%**  | **Australia - 0.8%**  | **Australia - 0.8%**  |
| Australia Government Bonds |  |  |
| 2.50%, 09/20/2030 <sup>(E)</sup> <br>| AUD 1,250,000 | 1242178 |
| **Italy - 0.8%**  | **Italy - 0.8%**  | **Italy - 0.8%**  |
| Italy Buoni Poliennali Del Tesoro |  |  |
| 0.10%, 05/15/2033 <sup>(E)</sup> <br>| EUR 1,188,340 | 1223828 |
| **Japan - 4.3%**  | **Japan - 4.3%**  | **Japan - 4.3%**  |
| Japan Government CPI-Linked Bonds |  |  |
| 0.10%, 03/10/2026 - 03/10/2028 | JPY 991,729,000 | 6713428 |
| **Mexico - 0.1%**  | **Mexico - 0.1%**  | **Mexico - 0.1%**  |
| Mexico Government International Bonds |  |  |
| 4.28%, 08/14/2041 | $257000 | 196605 |
| **Spain - 1.5%**  | **Spain - 1.5%**  | **Spain - 1.5%**  |
| Spain Government Inflation-Linked Bonds |  |  |
| 1.00%, 11/30/2030 <sup>(E)</sup> <br>| EUR 2,042,512 | 2352719 |
| **United Kingdom - 2.1%**  | **United Kingdom - 2.1%**  | **United Kingdom - 2.1%**  |
| U.K. Inflation-Linked Gilt |  |  |
| 0.13%, 03/22/2026 - 03/22/2029 <sup>(E)</sup> <br>| GBP 1,094,100 | 1425289 |
| 1.25%, 11/22/2032 <sup>(E)</sup> <br>| 1298815 | 1741296 |
|  |  | 3166585 |
| &nbsp;&nbsp; **Total Foreign Government Obligations** <br>**(Cost $15,962,698)**<br>|  | 14895343 |

---

**Transamerica Series Trust**

**Page 2**

------

**Transamerica Inflation Opportunities**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **ASSET-BACKED SECURITY - 0.7%**  | **ASSET-BACKED SECURITY - 0.7%**  | **ASSET-BACKED SECURITY - 0.7%**  |
| American Express Credit Account Master <br> Trust |  |  |
| &nbsp;&nbsp;&nbsp; Series 2022-3, Class A, <br>3.75%, 08/15/2027<br>| $1025000 | $1024580 |
| &nbsp;&nbsp; **Total Asset-Backed Security** <br>**(Cost $998,935)** | &nbsp;&nbsp; **Total Asset-Backed Security** <br>**(Cost $998,935)** | 1024580 |

---

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **SHORT-TERM INVESTMENT COMPANIES - 0.7%**  | **SHORT-TERM INVESTMENT COMPANIES - 0.7%**  | **SHORT-TERM INVESTMENT COMPANIES - 0.7%**  |
| **Money Market Funds - 0.7%**  | **Money Market Funds - 0.7%**  | **Money Market Funds - 0.7%**  |
| &nbsp;&nbsp; State Street Institutional U.S. Government <br> Money Market Fund, <br>4.25% <sup>(F)</sup> <br>| 1136286 | 1136286 |
| &nbsp;&nbsp; **Total Short-Term Investment Companies** <br>**(Cost $1,136,286)**<br>|  | 1136286 |

---

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

---

| | | |
|:---|:---|:---|
|  | **Principal** | **Value** |
| **SHORT-TERM U.S. GOVERNMENT OBLIGATION - 1.6%**  | **SHORT-TERM U.S. GOVERNMENT OBLIGATION - 1.6%**  | **SHORT-TERM U.S. GOVERNMENT OBLIGATION - 1.6%**  |
| &nbsp;&nbsp; U.S. Treasury Bills <br>4.22% <sup>(F)</sup>, 02/19/2026<br>| $2500000 | 2442785 |
| &nbsp;&nbsp; **Total Short-Term U.S. Government Obligation** <br>**(Cost $2,446,148)** | &nbsp;&nbsp; **Total Short-Term U.S. Government Obligation** <br>**(Cost $2,446,148)** | 2442785 |

---

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **OTHER INVESTMENT COMPANY - 1.2%**  | **OTHER INVESTMENT COMPANY - 1.2%**  | **OTHER INVESTMENT COMPANY - 1.2%**  |
| **Securities Lending Collateral - 1.2%**  | **Securities Lending Collateral - 1.2%**  | **Securities Lending Collateral - 1.2%**  |
| &nbsp;&nbsp; State Street Navigator Securities Lending <br> Trust - Government Money Market Portfolio, <br> 4.27% <sup>(F)</sup> <br>| 1832380 | $1832380 |
| &nbsp;&nbsp; **Total Other Investment Company** <br>**(Cost $1,832,380)** | &nbsp;&nbsp; **Total Other Investment Company** <br>**(Cost $1,832,380)** | 1832380 |
| &nbsp;&nbsp; **Total Investments** <br>**(Cost $163,316,936)** | &nbsp;&nbsp; **Total Investments** <br>**(Cost $163,316,936)** | 155246504 |
| **Net Other Assets (Liabilities) - (0.5)%** | **Net Other Assets (Liabilities) - (0.5)%** | (834319) |
| **Net Assets - 100.0%** | **Net Assets - 100.0%** | **$154412185** |

---

**FORWARD FOREIGN CURRENCY CONTRACTS:**

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Settlement** <br>**Date**<br>| &nbsp;&nbsp; **Currency** <br>**Purchased** | &nbsp;&nbsp; **Currency** <br>**Purchased** | &nbsp;&nbsp; **Currency** <br>**Sold** | &nbsp;&nbsp; **Currency** <br>**Sold** | &nbsp;&nbsp; **Unrealized** <br>**Appreciation**<br>| &nbsp;&nbsp; **Unrealized** <br>**Depreciation**<br>|
| JPMS | 10/09/2025 | &nbsp;&nbsp;&nbsp;&nbsp; USD | &nbsp;&nbsp; 3719810 | &nbsp;&nbsp;&nbsp;&nbsp; EUR | &nbsp;&nbsp; 3150000 | &nbsp;&nbsp;&nbsp;&nbsp; $107980 | &nbsp;&nbsp;&nbsp;&nbsp; $— |
| MSCS | 10/09/2025 | &nbsp;&nbsp;&nbsp;&nbsp; USD | &nbsp;&nbsp; 1240435 | &nbsp;&nbsp;&nbsp;&nbsp; AUD | &nbsp;&nbsp; 1900000 | &nbsp;&nbsp;&nbsp;&nbsp; 17744 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MSCS | 10/09/2025 | &nbsp;&nbsp;&nbsp;&nbsp; USD | &nbsp;&nbsp; 3240541 | &nbsp;&nbsp;&nbsp;&nbsp; GBP | &nbsp;&nbsp; 2374000 | &nbsp;&nbsp;&nbsp;&nbsp; 103160 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| MSCS | 10/09/2025 | &nbsp;&nbsp;&nbsp;&nbsp; USD | &nbsp;&nbsp; 6892407 | &nbsp;&nbsp;&nbsp;&nbsp; JPY | &nbsp;&nbsp; 995000000 | &nbsp;&nbsp;&nbsp;&nbsp; 241485 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| **Total** | **Total** | **Total** | **Total** | **Total** | **Total** | &nbsp;&nbsp;&nbsp; **$470369** | &nbsp;&nbsp;&nbsp; **$—** |

---

**INVESTMENT VALUATION:**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Valuation Inputs** <sup>(G)</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** |  |  |  |  |
| U.S. Government Obligations | $— | &nbsp;&nbsp; $112077089 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $112077089 |
| Corporate Debt Securities |  | &nbsp;&nbsp; 21838041 | &nbsp;&nbsp; — | &nbsp;&nbsp; 21838041 |
| Foreign Government Obligations |  | &nbsp;&nbsp; 14895343 | &nbsp;&nbsp; — | &nbsp;&nbsp; 14895343 |
| Asset-Backed Security |  | &nbsp;&nbsp; 1024580 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1024580 |
| Short-Term Investment Companies | 1136286 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1136286 |
| Short-Term U.S. Government Obligation |  | &nbsp;&nbsp; 2442785 | &nbsp;&nbsp; — | &nbsp;&nbsp; 2442785 |
| Other Investment Company | 1832380 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1832380 |
| **Total Investments** | **$2968666** | &nbsp;&nbsp; **$152277838** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$155246504** |
| **Other Financial Instruments** |  |  |  |  |
| Forward Foreign Currency Contracts <sup>(H)</sup> <br>| $— | &nbsp;&nbsp; $470369 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $470369 |
| **Total Other Financial Instruments** | **$—** | &nbsp;&nbsp; **$470369** | &nbsp;&nbsp; **$—** | &nbsp;&nbsp; **$470369** |

---

**Transamerica Series Trust**

**Page 3**

------

**Transamerica Inflation Opportunities**

------

**SCHEDULE OF INVESTMENTS (continued)**

**At July 31, 2025**

**(unaudited)**

**FOOTNOTES TO SCHEDULE OF INVESTMENTS:** 

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

<sup>(A)</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 $6,600,639, representing 4.3% of the Fund's* *net assets.* 

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

<sup>(D)</sup> *All or a portion of the security is on loan. The total value of the securities on loan is $1,793,786, collateralized by cash collateral of $1,832,380. 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>(E)</sup> *Security exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside* *the United States. Security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the* *registration requirements of the Securities Act of 1933. At July 31, 2025, the total value of the Regulation S securities is $7,985,310, representing 5.2%* *of the Fund's net assets.* 

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

<sup>(G)</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.* 

<sup>(H)</sup> *Derivative instruments are valued at unrealized appreciation (depreciation).*

**CURRENCY ABBREVIATION(S):** 

---

| | |
|:---|:---|
| *AUD* | *Australian Dollar* |
| *EUR* | *Euro* |
| *GBP* | *British Pound* |
| *JPY* | *Japanese Yen* |
| *USD* | *United States Dollar* |

---

**COUNTERPARTY ABBREVIATION(S):** 

*JPMS* *JPMorgan Securities LLC* <br> *MSCS* *Morgan Stanley Capital Services Inc.*

**PORTFOLIO ABBREVIATION(S):** 

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

**Transamerica Series Trust**

**Page 4**

------

**Transamerica Inflation Opportunities**

------

**NOTES TO SCHEDULE OF INVESTMENTS**

**At July 31, 2025**

**(unaudited)**

**INVESTMENT VALUATION**

Transamerica Inflation Opportunities (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 and derivative instruments.

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:

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

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

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

**Transamerica Series Trust**

**Page 5**

------

**Transamerica Inflation Opportunities**

------

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

**At July 31, 2025**

**(unaudited)**

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

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

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

*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.

*Derivative instruments:* Centrally cleared or listed derivatives that are actively traded are valued based on quoted prices from the exchange and are categorized in Level 1 of the fair value hierarchy. Over-the-counter ("OTC") derivative contracts include forward, swap, swaption, and option contracts related to interest rates, foreign currencies, credit standing of reference entities, equity prices, or commodity prices. Depending on the product and the terms of the transaction, the fair value of the OTC derivative products are modeled taking into account the counterparties' creditworthiness and using a series of techniques, including simulation models. Many pricing models do not entail material subjectivity because the methodologies employed do not necessitate significant judgments and the pricing inputs are observed from actively quoted markets, as is the case of interest rate swap and option contracts. The majority of OTC derivative products valued by the Fund using pricing models fall into this category and are categorized within Level 2 of the fair value hierarchy or Level 3 if inputs are unobservable.

**Transamerica Series Trust**

**Page 6**

------

## 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 Inflation Opportunities

- **b. EDGAR series identifier (if any):** S000044274

- **c. LEI of Series:** 54930063RIQTGVT8N429

**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:** $158239251.06

**Total Liabilities:** $3805206.37

**Net Assets:** $154434044.69

**Cash Not Reported:** $554.84

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -28.09000000 | **1-Year:** -889.79000000 | **5-Year:** -5255.56000000 | **10-Year:** -6741.35000000 | **30-Year:** -2608.70000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000244911 | -0.47%               | 1.22%                | 0.09%                |
| Class ID C000137927 | -0.59%               | 1.07%                | -0.01%               |
| Class ID C000244910 | -0.51%               | 1.10%                | 0.15%                |
| Class ID C000244909 | -0.38%               | 1.12%                | 0.08%                |
| Class ID C000172159 | -0.47%               | 1.12%                | 0.19%                |
| Class ID C000137928 | -0.48%               | 1.22%                | 0.08%                |
| Class ID C000137930 | -0.51%               | 1.21%                | 0.06%                |
| Class ID C000137929 | -0.47%               | 1.22%                | 0.09%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-283.69                 | $-1074506.13                               |
| Month 2  | $-2638.04                | $1203351.35                                |
| Month 3  | $-2420.67                | $-921111.95                                |

**Designated Index Information**

- **Index Name:** Securities Portfolio VaR

- **Index Identifier:** Designated Reference Portfolio is the Fund's Securities Portfolio

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MORGAN STANLEY                               | Morgan Stanley                                                              | CUSIP: 61747YEF8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    958000 | PA      | $816589.00    | 0.53%             | 2036-09-16      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 91282CFR7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4666016 | PA      | $4717413.01   | 3.05%             | 2027-10-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 91282CJH5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3673110 | PA      | $3806918.42   | 2.47%             | 2028-10-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810TE8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2424891 | PA      | $1266621.95   | 0.82%             | 2052-02-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                         | Bank of America Corp.                                                       | CUSIP: 06051GMQ9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1220777.54   | 0.79%             | 2036-02-12      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810SM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1875435 | PA      | $1069223.66   | 0.69%             | 2050-02-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 91282CCM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2398640 | PA      | $2209070.47   | 1.43%             | 2031-07-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                       | Purchased USD / Sold EUR                                                    | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $107979.76    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED KINGDOM I/L GILT                      | U.K. Inflation-Linked Gilt                                                  | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |    585030 | PA      | $764684.60    | 0.50%             | 2026-03-22      | Fixed         | 0.13%                 | Yes           |                  2 | On Loan: No      |
| CITIGROUP INC                                | Citigroup, Inc.                                                             | CUSIP: 17327CAU7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    228000 | PA      | $223232.02    | 0.14%             | 2039-09-19      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 9128287D6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2261970 | PA      | $2174242.30   | 1.41%             | 2029-07-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810PS1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2805352 | PA      | $2847858.64   | 1.84%             | 2027-01-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                      | Goldman Sachs Group, Inc.                                                   | CUSIP: 38141GYJ7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    500000 | PA      | $436779.49    | 0.28%             | 2032-07-21      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 91282CJY8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    941148 | PA      | $930550.91    | 0.60%             | 2034-01-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| SOUTH32 TREASURY LTD                         | South32 Treasury Ltd.                                                       | CUSIP: 84055BAA1<br>LEI: 213800HFGZMXST64GP53 | Long             | DBT              | CORP              | AU        |    615000 | PA      | $576891.34    | 0.37%             | 2032-04-14      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 91282CGK1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1402856 | PA      | $1338378.90   | 0.87%             | 2033-01-15      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                     | Enterprise Products Operating LLC                                           | CUSIP: 29379VBY8<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    446000 | PA      | $319635.79    | 0.21%             | 2051-01-31      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810UH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    916812 | PA      | $869571.25    | 0.56%             | 2055-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC                       | Diamondback Energy, Inc.                                                    | CUSIP: 25278XAZ2<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    153000 | PA      | $153362.14    | 0.10%             | 2034-04-18      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| State Street Global Advisors                 | State Street Navigator Securities Lending Government Money Market Portfolio | CUSIP: 857509301<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |   1824035 | NS      | $1824035.00   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810FQ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2827617 | PA      | $3139619.00   | 2.03%             | 2032-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                     | Cheniere Energy Partners LP                                                 | CUSIP: 16411QAV3<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    130000 | PA      | $130655.39    | 0.08%             | 2035-10-30      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| TRITON CONTAINER                             | Triton Container International Ltd.                                         | CUSIP: 89680YAC9<br>LEI: 549300O4LZFLCX53XZ54 | Long             | DBT              | CORP              | BM        |    968000 | PA      | $839850.87    | 0.54%             | 2031-06-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810TP3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2162760 | PA      | $1681586.21   | 1.09%             | 2053-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Mexico Government International Bonds        | Mexico Government International Bonds                                       | CUSIP: 91087BAQ3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    257000 | PA      | $196605.00    | 0.13%             | 2041-08-14      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 91282CCA7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2819133 | PA      | $2792310.05   | 1.81%             | 2026-04-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| SPAIN I/L BOND                               | Spain Government Inflation-Linked Bonds                                     | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |   2042512 | PA      | $2352718.73   | 1.52%             | 2030-11-30      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810RL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2047575 | PA      | $1480228.84   | 0.96%             | 2045-02-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| FOUNDRY JV HOLDCO LLC                        | Foundry JV Holdco LLC                                                       | CUSIP: 350930AG8<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    211000 | PA      | $216829.07    | 0.14%             | 2033-01-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| DOW CHEMICAL CO/THE                          | Dow Chemical Co.                                                            | CUSIP: 260543DK6<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     88000 | PA      | $77719.71     | 0.05%             | 2054-02-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810QP6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1209794 | PA      | $1176796.81   | 0.76%             | 2041-02-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| HARTFORD INSUR GRP INC/T                     | Hartford Insurance Group, Inc.                                              | CUSIP: 416515BC7<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | DBT              | CORP              | US        |   1196000 | PA      | $1112184.83   | 0.72%             | 2047-02-12      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| ERP OPERATING LP                             | ERP Operating LP                                                            | CUSIP: 26884ABQ5<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              |  | US        |     54000 | PA      | $54441.09     | 0.04%             | 2032-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                           | Energy Transfer LP                                                          | CUSIP: 86765BAQ2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    138000 | PA      | $124044.12    | 0.08%             | 2045-05-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                          | Sherwin-Williams Co.                                                        | CUSIP: 824348BT2<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    142000 | PA      | $142928.41    | 0.09%             | 2031-09-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810PZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2694774 | PA      | $2801259.26   | 1.81%             | 2029-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810SV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2438434 | PA      | $1303737.11   | 0.84%             | 2051-02-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                 | UBS Group AG                                                                | CUSIP: 902613BQ0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    210000 | PA      | $213885.09    | 0.14%             | 2036-05-09      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 912828Y38<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4289910 | PA      | $4238713.59   | 2.74%             | 2028-07-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 91282CKL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3637305 | PA      | $3733861.88   | 2.42%             | 2029-04-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                    | Boeing Co.                                                                  | CUSIP: 097023DB8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    306000 | PA      | $296129.24    | 0.19%             | 2028-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                         | Glencore Funding LLC                                                        | CUSIP: 378272BE7<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    634000 | PA      | $570561.41    | 0.37%             | 2031-04-27      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Bills                                                         | CUSIP: 912797PM3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   2500000 | PA      | $2442785.38   | 1.58%             | 2026-02-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810FD5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    944020 | PA      | $1001428.36   | 0.65%             | 2028-04-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| STELLANTIS FIN US INC                        | Stellantis Finance U.S., Inc.                                               | CUSIP: 85855CAL4<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |    289000 | PA      | $289241.62    | 0.19%             | 2035-03-18      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810RA8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3019939 | PA      | $2226353.72   | 1.44%             | 2043-02-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| APA CORP                                     | APA Corp.                                                                   | CUSIP: 03743QAF5<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |   1102000 | PA      | $1055604.96   | 0.68%             | 2030-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                         | Bank of America Corp.                                                       | CUSIP: 06051GHD4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    338000 | PA      | $330055.76    | 0.21%             | 2028-12-20      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810RR1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1017465 | PA      | $762290.90    | 0.49%             | 2046-02-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                            | HSBC Holdings PLC                                                           | CUSIP: 404280DS5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    379000 | PA      | $438414.68    | 0.28%             | 2033-11-03      | Fixed         | 8.11%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 912828Z37<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1749118 | PA      | $1652649.54   | 1.07%             | 2030-01-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| AUSTRALIAN GOVERNMENT                        | Australia Government Bonds                                                  | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |   1250000 | PA      | $1242178.15   | 0.80%             | 2030-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                            | NatWest Group PLC                                                           | CUSIP: 639057AS7<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $303221.91    | 0.20%             | 2030-08-15      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER                     | Enterprise Products Operating LLC                                           | CUSIP: 29379VBN2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    248000 | PA      | $245243.95    | 0.16%             | 2077-08-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 912828V49<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3859030 | PA      | $3807105.29   | 2.47%             | 2027-01-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| SMURFIT WESTROCK FIN                         | Smurfit Westrock Financing DAC                                              | CUSIP: 83272YAB8<br>LEI: 6354005S6ZLHLVX7VT12 | Long             | DBT              | CORP              | IE        |    201000 | PA      | $204060.21    | 0.13%             | 2035-01-15      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                               | Var Energi ASA                                                              | CUSIP: 92212WAG5<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    206000 | PA      | $213478.21    | 0.14%             | 2035-05-22      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810QV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6045880 | PA      | $4661359.11   | 3.02%             | 2042-02-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| APA CORP                                     | APA Corp.                                                                   | CUSIP: 03743QAQ1<br>LEI: 549300VCIWLRHYVSHC79 | Long             | DBT              | CORP              | US        |    120000 | PA      | $117547.29    | 0.08%             | 2035-02-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                | Citigroup, Inc.                                                             | CUSIP: 172967NE7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    609000 | PA      | $531642.18    | 0.34%             | 2032-11-03      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 9128282L3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4993428 | PA      | $4926878.59   | 3.19%             | 2027-07-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 CO                               | Phillips 66 Co.                                                             | CUSIP: 718547AY8<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    409000 | PA      | $396850.45    | 0.26%             | 2035-03-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: —       |
| Morgan Stanley & Co. International PLC       | Purchased USD / Sold AUD                                                    | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $17743.84     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| American Express Credit Account Master Trust | American Express Credit Account Master Trust                                | CUSIP: 02582JJV3<br>LEI: 549300Y4SA5G3GIJTP18 | Long             | ABS-O            | CORP              | US        |   1025000 | PA      | $1024579.85   | 0.66%             | 2027-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC                        | Rio Tinto Finance USA PLC                                                   | CUSIP: 76720AAV8<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    252000 | PA      | $252080.66    | 0.16%             | 2055-03-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC       | Purchased USD / Sold JPY                                                    | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $241484.86    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Enbridge Inc                                 | Enbridge, Inc.                                                              | CUSIP: 29250NAS4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    474000 | PA      | $469290.00    | 0.30%             | 2077-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JAPAN GOVT CPI LINKED                        | Japan Government CPI-Linked Bonds                                           | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        | 624778000 | PA      | $4225609.85   | 2.74%             | 2026-03-10      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| BAC Capital Trust XIV                        | BAC Capital Trust XIV                                                       | CUSIP: 05518VAA3<br>LEI: 549300QO5OB3VGJT6S64 | Long             | DBT              | CORP              | US        |    966000 | PA      | $794619.14    | 0.51%             | 2025-08-15      | Variable      | 4.98%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                  | Nutrien Ltd.                                                                | CUSIP: 67077MBF4<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    697000 | PA      | $707861.71    | 0.46%             | 2032-03-12      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA                             | ArcelorMittal SA                                                            | CUSIP: 03938LBH6<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    385000 | PA      | $387010.74    | 0.25%             | 2054-06-17      | Fixed         | 6.35%                 | No            |                  2 | On Loan: —       |
| SONOCO PRODUCTS CO                           | Sonoco Products Co.                                                         | CUSIP: 835495AS1<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |    666000 | PA      | $647530.66    | 0.42%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 91282CML2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2444544 | PA      | $2475487.09   | 1.60%             | 2035-01-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 91282CBF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    617410 | PA      | $572461.08    | 0.37%             | 2031-01-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| JAPAN GOVT CPI LINKED                        | Japan Government CPI-Linked Bonds                                           | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        | 366951000 | PA      | $2487818.04   | 1.61%             | 2028-03-10      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| WOODSIDE FINANCE LTD                         | Woodside Finance Ltd.                                                       | CUSIP: 980236AT0<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |    408000 | PA      | $413724.88    | 0.27%             | 2030-05-19      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 91282CGW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4500972 | PA      | $4491123.24   | 2.91%             | 2028-04-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| ZIONS BANCORP NA                             | Zions Bancorp NA                                                            | CUSIP: 98971DAC4<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | DBT              | CORP              | US        |    252000 | PA      | $263068.11    | 0.17%             | 2035-11-19      | Fixed         | 6.82%                 | No            |                  2 | On Loan: No      |
| LENNAR CORP                                  | Lennar Corp.                                                                | CUSIP: 526057CY8<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |    128000 | PA      | $130399.46    | 0.08%             | 2030-07-30      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                 | Barclays PLC                                                                | CUSIP: 06738ECU7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    320000 | PA      | $322262.03    | 0.21%             | 2030-09-10      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810PV4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1994668 | PA      | $2016952.69   | 1.31%             | 2028-01-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810RF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2965366 | PA      | $2470236.64   | 1.60%             | 2044-02-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 91282CHP9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3175200 | PA      | $3076215.62   | 1.99%             | 2033-07-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| WEIR GROUP INC                               | Weir Group, Inc.                                                            | CUSIP: 94877DAA2<br>LEI: 2138009WEPEV2V98AV65 | Long             | DBT              | CORP              | US        |    210000 | PA      | $212727.29    | 0.14%             | 2030-05-06      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM I/L GILT                      | U.K. Inflation-Linked Gilt                                                  | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |   1298815 | PA      | $1741295.58   | 1.13%             | 2032-11-22      | Fixed         | 1.25%                 | Yes           |                  2 | On Loan: No      |
| NEWMONT / NEWCREST FIN                       | Newmont Corp./Newcrest Finance Pty. Ltd.                                    | CUSIP: 65163LAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    294000 | PA      | $295879.64    | 0.19%             | 2041-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 9128283R9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5277758 | PA      | $5177850.18   | 3.35%             | 2028-01-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                               | Morgan Stanley                                                              | CUSIP: 61747YFU4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    800000 | PA      | $801598.63    | 0.52%             | 2030-10-18      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC       | Purchased USD / Sold GBP                                                    | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $103160.04    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 9128285W6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3309878 | PA      | $3259741.13   | 2.11%             | 2029-01-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC                         | Glencore Funding LLC                                                        | CUSIP: 378272BG2<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    152000 | PA      | $133754.12    | 0.09%             | 2031-09-23      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810TY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1047380 | PA      | $939975.58    | 0.61%             | 2054-02-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| BUONI POLIENNALI DEL TES                     | Italy Buoni Poliennali Del Tesoro                                           | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |   1188340 | PA      | $1223828.64   | 0.79%             | 2033-05-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 91282CDC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    235268 | PA      | $232695.48    | 0.15%             | 2026-10-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 91282CNB3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1110758 | PA      | $1118630.51   | 0.72%             | 2030-04-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| MASTEC INC                                   | MasTec, Inc.                                                                | CUSIP: 576323AT6<br>LEI: 549300TMDIT8WREDOF45 | Long             | DBT              | CORP              | US        |    154000 | PA      | $159128.05    | 0.10%             | 2029-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                             | Deutsche Bank AG                                                            | CUSIP: 251526CS6<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    350000 | PA      | $366534.05    | 0.24%             | 2029-01-18      | Fixed         | 6.72%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                      | BPCE SA                                                                     | CUSIP: 05571ABB0<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    253000 | PA      | $264638.31    | 0.17%             | 2046-01-14      | Fixed         | 6.92%                 | No            |                  2 | On Loan: No      |
| State Street Global Advisors                 | State Street Institutional US Government Money Market Fund                  | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   1136286 | NS      | $1136286.29   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| ALBEMARLE CORP                               | Albemarle Corp.                                                             | CUSIP: 012653AF8<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |    479000 | PA      | $399141.67    | 0.26%             | 2052-06-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: —       |
| CODELCO INC                                  | Corp. Nacional del Cobre de Chile                                           | CUSIP: 21987BBL1<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |    285000 | PA      | $295371.15    | 0.19%             | 2035-01-13      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Notes                                                         | CUSIP: 91282CLW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $496875.00    | 0.32%             | 2034-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810FH6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2541929 | PA      | $2770495.29   | 1.79%             | 2029-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| EASTMAN CHEMICAL CO                          | Eastman Chemical Co.                                                        | CUSIP: 277432AX8<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | DBT              | CORP              | US        |    259000 | PA      | $268990.94    | 0.17%             | 2033-03-08      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                     | Ford Motor Credit Co. LLC                                                   | CUSIP: 345397G31<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300171.84    | 0.19%             | 2031-11-05      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 91282CEZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2610939 | PA      | $2433356.03   | 1.58%             | 2032-07-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM I/L GILT                      | U.K. Inflation-Linked Gilt                                                  | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |    509070 | PA      | $660604.57    | 0.43%             | 2029-03-22      | Fixed         | 0.13%                 | Yes           |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 91282CDX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   9392760 | PA      | $8513303.58   | 5.51%             | 2032-01-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                         | Bank of America Corp.                                                       | CUSIP: 06051GMD8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    968000 | PA      | $968930.03    | 0.63%             | 2035-10-25      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 912828N71<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1352810 | PA      | $1346385.53   | 0.87%             | 2026-01-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Bonds                             | CUSIP: 912810QF8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3353339 | PA      | $3294334.63   | 2.13%             | 2040-02-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                  | BNP Paribas SA                                                              | CUSIP: 09659W3D4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    354000 | PA      | $357419.74    | 0.23%             | 2031-05-09      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 91282CLV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1430198 | PA      | $1448486.11   | 0.94%             | 2029-10-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                             | Deutsche Bank AG                                                            | CUSIP: 251526CK3<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    700000 | PA      | $630268.79    | 0.41%             | 2032-05-28      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                            | NatWest Group PLC                                                           | CUSIP: 639057AB4<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    381000 | PA      | $343781.55    | 0.22%             | 2035-11-28      | Fixed         | 3.03%                 | No            |                  2 | On Loan: No      |
| United States Treasury                       | U.S. Treasury Inflation-Protected Indexed Notes                             | CUSIP: 912828S50<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3352550 | PA      | $3326455.59   | 2.15%             | 2026-07-15      | Fixed         | 0.13%                 | 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