Portfolio Holdings as of 05/31/2016* Transamerica Capital, Inc.

Transamerica Small Cap Core Security Description Banc of California, Inc. Sanmina Corp. Fresh Del Monte Produce, Inc. Tech Data Corp. AMAG Pharmaceuticals, Inc. PDL Biopharma, Inc. Superior Industries International, Inc. Invesco Mortgage Capital, Inc., REIT MDU Resources Group, Inc. EarthLink Holdings Corp. Big Lots, Inc. Liberty Property Trust, REIT, Series C Navient Corp. Medical Properties Trust, Inc., REIT Brocade Communications Systems, Inc. Nabors Industries, Ltd. Triumph Group, Inc. LegacyTexas Financial Group, Inc. Rowan Cos. PLC, Class A MaxLinear, Inc., Class A Cambrex Corp. Cirrus Logic, Inc. MKS Instruments, Inc. SYNNEX Corp. Waddell & Reed Financial, Inc., Class A Vonage Holdings Corp. Amedisys, Inc. SciClone Pharmaceuticals, Inc. Steel Dynamics, Inc. FTI Consulting, Inc. US Physical Therapy, Inc. PrivateBancorp, Inc., Class A Omnicell, Inc. Joy Global, Inc. OraSure Technologies, Inc. VCA, Inc. American Eagle Outfitters, Inc. LHC Group, Inc.

TAHLD-WB1014

% of Total Market Value 0.42% 0.42% 0.42% 0.42% 0.42% 0.41% 0.41% 0.41% 0.41% 0.41% 0.41% 0.41% 0.41% 0.41% 0.41% 0.41% 0.41% 0.41% 0.41% 0.41% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40%

Security Description ICON PLC Plexus Corp. Brady Corp., Class A Orbotech, Ltd. Diamond Offshore Drilling, Inc. HMS Holdings Corp. ManTech International Corp., Class A Steelcase, Inc., Class A Atlas Air Worldwide Holdings, Inc. Urban Outfitters, Inc. Ethan Allen Interiors, Inc. Hanmi Financial Corp., Class B Insight Enterprises, Inc. Quanta Services, Inc. Applied Industrial Technologies, Inc. Lancaster Colony Corp. HB Fuller Co. Wabash National Corp. Community Health Systems, Inc. ArcBest Corp. PharMerica Corp. NETGEAR, Inc. ICF International, Inc. WellCare Health Plans, Inc. Great Western Bancorp, Inc. Reliance Steel & Aluminum Co. Central Pacific Financial Corp. Tutor Perini Corp. United Natural Foods, Inc. PAREXEL International Corp. Teradyne, Inc. Teradata Corp. Caleres, Inc. Kennametal, Inc. Koppers Holdings, Inc. REX American Resources Corp., Class A Commercial Metals Co. Cray, Inc. Silicon Laboratories, Inc. SVB Financial Group Insperity, Inc. Pier 1 Imports, Inc. Hub Group, Inc., Class A Anika Therapeutics, Inc. General Cable Corp. Capella Education Co. Briggs & Stratton Corp. Chicago Bridge & Iron Co. NV, Class Y Genesco, Inc. McDermott International, Inc.

TAHLD-WB1014

% of Total Market Value 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38% 0.38%

Security Description Essendant, Inc. Carpenter Technology Corp. II-VI, Inc. Ixia Celestica, Inc. Rent-A-Center, Inc. NRG Energy, Inc. Molina Healthcare, Inc. Customers Bancorp, Inc. Ensco PLC, Class A Benchmark Electronics, Inc. Luminex Corp. MYR Group, Inc. Healthways, Inc. Pitney Bowes, Inc. EPR Properties, REIT World Fuel Services Corp. Greif, Inc., Class A AECOM Domtar Corp. Worthington Industries, Inc. Corrections Corp. of America, REIT Agree Realty Corp., REIT Tower International, Inc. Zumiez, Inc. Ennis, Inc. Meridian Bioscience, Inc. Swift Transportation Co., Class A Bio-Rad Laboratories, Inc., Class A Geo Group, Inc., REIT Legg Mason, Inc. Select Income REIT Minerals Technologies, Inc. Haemonetics Corp. Materion Corp. Williams-Sonoma, Inc., Class A Owens & Minor, Inc. Coherent, Inc. HealthSouth Corp. ScanSource, Inc. United Fire Group, Inc. WESCO International, Inc. Southwest Gas Corp. Dana Holding Corp. Brunswick Corp., Class B Charles River Laboratories International, Inc. Cooper Tire & Rubber Co. Hanover Insurance Group, Inc. Cheesecake Factory, Inc. ACCO Brands Corp.

TAHLD-WB1014

% of Total Market Value 0.38% 0.38% 0.38% 0.38% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36%

Security Description Old Republic International Corp. Altra Industrial Motion Corp. Tetra Tech, Inc. Central Garden & Pet Co., Class A Natus Medical, Inc. Timken Co. Validus Holdings, Ltd. CSG Systems International, Inc. Dean Foods Co. Mentor Graphics Corp. Herman Miller, Inc. Tsakos Energy Navigation, Ltd. MTS Systems Corp. Tanger Factory Outlet Centers, Inc., REIT ALLETE, Inc. TTM Technologies, Inc. Kaiser Aluminum Corp. LaSalle Hotel Properties, REIT ICU Medical, Inc., Class B Aspen Insurance Holdings, Ltd. Sonoco Products Co. Methode Electronics, Inc. SUPERVALU, Inc. Capstead Mortgage Corp., REIT DHT Holdings, Inc. Hibbett Sports, Inc. Regis Corp. Smith & Wesson Holding Corp. Allscripts Healthcare Solutions, Inc. Analogic Corp. Vitamin Shoppe, Inc. Convergys Corp. Two Harbors Investment Corp., REIT Chico's FAS, Inc. Polycom, Inc. La-Z-Boy, Inc. Vishay Intertechnology, Inc. Stepan Co. American Public Education, Inc. Myriad Genetics, Inc. DSW, Inc., Class A Piedmont Office Realty Trust, Inc., REIT, Class A Monster Worldwide, Inc. SpartanNash Co. Sykes Enterprises, Inc. Strayer Education, Inc. QLogic Corp. CVR Energy, Inc. R.R. Donnelley & Sons Co. Employers Holdings, Inc.

TAHLD-WB1014

% of Total Market Value 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35%

Security Description Magellan Health, Inc. Regal Beloit Corp. Aceto Corp. Inteliquent, Inc. Aegion Corp., Class A MFA Financial, Inc., REIT Children's Place, Inc. Amsurg Corp., Class A Hersha Hospitality Trust, REIT, Class A KBR, Inc. VeriFone Systems, Inc. P.H. Glatfelter Co. Avista Corp. LifePoint Health, Inc. Lazard, Ltd., Class A AGCO Corp. Rudolph Technologies, Inc. Bob Evans Farms, Inc. EMCOR Group, Inc. Ryman Hospitality Properties, Inc., REIT Chemed Corp. Cabot Corp. Alon USA Energy, Inc. Brink's Co. Matrix Service Co. Alamo Group, Inc. Merit Medical Systems, Inc. Almost Family, Inc. Kulicke & Soffa Industries, Inc. Brinker International, Inc. ARMOUR Residential REIT, Inc. Quad/Graphics, Inc. Celadon Group, Inc. Schnitzer Steel Industries, Inc., Class A Bruker Corp. DiamondRock Hospitality Co., REIT Nelnet, Inc., Class A Express, Inc. Triple-S Management Corp., Class B Kindred Healthcare, Inc. Finish Line, Inc., Class A Pacific Premier Bancorp, Inc. Guess?, Inc. CBL & Associates Properties, Inc., REIT RLJ Lodging Trust, REIT Movado Group, Inc. DeVry Education Group, Inc. DXP Enterprises, Inc. Ashford Hospitality Trust, Inc., REIT Quality Systems, Inc.

TAHLD-WB1014

% of Total Market Value 0.34% 0.34% 0.34% 0.34% 0.34% 0.34% 0.34% 0.34% 0.34% 0.34% 0.34% 0.34% 0.34% 0.34% 0.34% 0.34% 0.34% 0.34% 0.33% 0.33% 0.33% 0.33% 0.33% 0.33% 0.33% 0.33% 0.33% 0.33% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.31% 0.31% 0.30% 0.30% 0.30% 0.30% 0.30%

Security Description Abercrombie & Fitch Co., Class A Blue Nile, Inc. Perry Ellis International, Inc. Landauer, Inc. Hackett Group, Inc. FormFactor, Inc., Class A First Potomac Realty Trust, REIT HomeStreet, Inc. Kforce, Inc. Resources Connection, Inc. Independent Bank Group, Inc. Extreme Networks, Inc. Medifast, Inc. Preferred Bank AVX Corp. Addus HomeCare Corp. Gladstone Commercial Corp., REIT SurModics, Inc. Heartland Financial USA, Inc. State Bank Financial Corp. Haynes International, Inc. AngioDynamics, Inc. Mercer International, Inc. Digi International, Inc. Bryn Mawr Bank Corp. Ducommun, Inc. Meta Financial Group, Inc. Dynex Capital, Inc., REIT K12, Inc. Alpha & Omega Semiconductor, Ltd. Comtech Telecommunications Corp. Viad Corp. Saul Centers, Inc., REIT Haverty Furniture Cos., Inc. Getty Realty Corp., REIT Heritage Financial Corp. First Defiance Financial Corp., Class A DHI Group, Inc. Compass Diversified Holdings Enterprise Financial Services Corp. Shoe Carnival, Inc. LeMaitre Vascular, Inc. Kirkland's, Inc. Citi Trends, Inc. Aegean Marine Petroleum Network, Inc. Francesca's Holdings Corp. Harte-Hanks, Inc. State Street Bank & Trust Co., 0.03%, due 06/01/2016

TAHLD-WB1014

% of Total Market Value 0.30% 0.29% 0.29% 0.29% 0.28% 0.28% 0.28% 0.28% 0.28% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.23% 0.22% 0.21% 0.21% 0.21% 0.20% 0.20% 0.10% 1.15%

Mutual funds are subject to market risk, including the loss of principal. There is no assurance the fund will meet its investment objective. See the fund’s prospectus for complete information on all of the risks inherent with investing in the fund.

*There is no assurance that the securities listed are held beyond the indicated date. The holdings will remain online for six months, starting 25 days after the end of each calendar month.

This list of portfolio holdings is published on a delayed basis, 25 days after the end of each calendar month, and does not necessarily represent the actual investments held by a portfolio at the time of publication. All holdings are subject to change daily. This list has not been audited and is provided for informational use only. It is not intended as a recommendation, offer, or solicitation for the purchase or sale of any security. Transamerica assumes no obligation to update or supplement this list to reflect any change that may occur, and assumes no liability relating to the use of this information. Unlike the fund’s regulatory filings, the portfolio data and its presentation in this document are not required to conform to Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) presentation requirements. Therefore, it differs from that in the complete statement of investments in the annual and semiannual report to shareholders filed with the SEC on Form N-CSR, and the complete statement of investments provided in the first and third quarter SEC Form N-Q filings for each fiscal year. Shares of the funds may only be sold by offering the funds’ prospectus. You should consider the investment objective, risks, charges, and expenses of the fund carefully before investing. The prospectus contains this and additional important information regarding the fund. For Transamerica Funds - To obtain the prospectus and/or a summary prospectus, please contact your financial professional or go to transamerica.com. For Transamerica Partners Funds go to transamericapartners.com. For Transamerica Series Trust portfolios - Investors should carefully consider their investment objectives and risks, along with a product’s charges and expenses before investing. The prospectus includes complete information and other important facts about the variable annuity or variable universal life insurance policy’s charges and expenses. Please contact your financial professional for a prospectus. The prospectus should be read carefully before investing.

No part of this material may be reproduced in any form, or referred to in any publication, without express written permission.

TAHLD-WB1014