Portfolio Holdings as of 06/30/2014*

Distributor: Transamerica Capital, Inc.

Transamerica Total Return Security Description Italy Buoni Poliennali del Tesoro, 3.750%, due 08/01/2016 Spain Government Bond, 3.300%, due 07/30/2016 U.S. Treasury Floating Rate Note, 0.109%, due 04/30/2016 Spain Letras Del Tesoro Bills, 0.010%, due 03/13/2015 U.S. Treasury Inflation Indexed Note, 0.125%, due 07/15/2022 Fannie Mae TBA, 5.000% U.S. Treasury Inflation Indexed Bond, 2.375%, due 01/15/2025 Wells Fargo & Co., 0.527%, due 06/02/2017 U.S. Treasury Inflation Indexed Bond, 2.500%, due 01/15/2029 Bundesrepublik Deutschland Bundesobligation Inflation Linked Bond, 0.750%, due 04/15/2018 Credit Suisse, 0.444%, due 01/12/2015 DISH DBS Corp., 7.750%, due 05/31/2015 U.S. Treasury Inflation Indexed Note, 0.125%, due 01/15/2022 U.S. Treasury Inflation Indexed Note, 1.125%, due 01/15/2021 Brazil Letras do Tesouro Nacional, Zero Coupon, due 01/01/2017 Goldman Sachs Group, Inc., 5.350%, due 01/15/2016 North Carolina Medical Care Commission, 5.000%, due 06/01/2035 Freddie Mac TBA, 4.500% Italy Buoni Poliennali del Tesoro, 2.250%, due 05/15/2016 Noble Corp., 0.430%, due 07/18/2014 Vodafone Group PLC, 0.550%, due 04/01/2015 JPMorgan Chase & Co., 0.744%, due 02/15/2017 Glencore Funding LLC, 0.690%, due 10/07/2014 ALM V, Ltd., 1.454%, due 02/13/2023, Series 2012-5A, Class A1R Edison International, 0.700%, due 07/01/2014 Mohawk Industries, Inc., 0.550%, due 07/22/2014 BellSouth Corp., 4.182%, due 04/26/2015 Volkswagen International Finance NV, 1.625%, due 03/22/2015 MGM Resorts International, 7.625%, due 01/15/2017 U.S. Treasury Inflation Indexed Note, 2.000%, due 07/15/2014 BMW US Capital LLC, 0.567%, due 06/02/2017, Reg S U.S. Treasury Inflation Indexed Note, 0.375%, due 07/15/2023 Royal Bank of Canada, 1.370%, due 05/07/2015 Ally Auto Receivables Trust, 0.480%, due 02/15/2017, Series 2014-1, Class A2 Spain Government Bond, 2.100%, due 04/30/2017 Bank of Nova Scotia, 0.538%, due 04/11/2017 Goldman Sachs Group, Inc., 1.324%, due 11/15/2018 Daimler Finance North America LLC, 1.300%, due 07/31/2015, Series 2012-2A, Class B TF0714TTR

% of Total Market Value 5.03% 2.43% 2.36% 1.99% 1.79% 1.72% 1.69% 1.50% 1.50% 1.46% 1.38% 1.36% 1.31% 1.22% 1.08% 1.07% 1.03% 0.99% 0.98% 0.96% 0.95% 0.95% 0.94% 0.91% 0.90% 0.90% 0.86% 0.86% 0.84% 0.84% 0.84% 0.81% 0.81% 0.78% 0.78% 0.78% 0.76% 0.75%

Security Description John Deere Capital Corp., 0.363%, due 04/12/2016 Port Authority of New York & New Jersey, 4.458%, due 10/01/2062 Bank of Nova Scotia, 0.010%, due 02/10/2015 Lloyds Bank PLC, 12.000%, due 12/16/2024 Residential MBS Srl, 0.616%, due 03/31/2048, Series 8, Class A, Reg S International Lease Finance Corp., 7.125%, due 09/01/2018 United Mexican States, 9.500%, due 12/18/2014 Tayarra, Ltd., 3.628%, due 02/15/2022 Springleaf Finance Corp., 6.900%, due 12/15/2017 HCA, Inc., 6.375%, due 01/15/2015 Entergy Corp., 0.900%, due 09/26/2014 Cie de Financement Foncier SA, 2.500%, due 09/16/2015 Wood Street CLO BV, 0.657%, due 11/22/2021, Series I, Class A, Reg S Venture VIII CDO, Ltd., 0.448%, due 07/22/2021, Series 2007-8A, Class A2A Amgen, Inc., 0.608%, due 05/22/2017 Porsche Financial Auto Securitization Trust, 0.180%, due 05/26/2015, Series 2014-1, Class A1 Morgan Stanley, 5.950%, due 12/28/2017 Citizens Property Insurance Corp., 5.000%, due 06/01/2020 Bank of America Corp., 5.000%, due 01/15/2015 Ford Motor Credit Co., LLC, 1.006%, due 01/17/2017 Cooperatieve Centrale Raiffeisen-Boerenleenbank BA, 6.875%, due 03/19/2020, Reg S Italy Buoni Poliennali del Tesoro, 1.150%, due 05/15/2017 U.S. Treasury Inflation Indexed Note, 0.125%, due 01/15/2023 ENI Finance USA, Inc., 0.580%, due 05/22/2015 Italy Buoni Poliennali del Tesoro, 4.750%, due 06/01/2017 Bay Area Toll Authority, 6.907%, due 10/01/2050 Morgan Stanley, 6.000%, due 04/28/2015 Bank of America Corp., 7.625%, due 06/01/2019 VTB Bank OJSC Via VTB Capital SA, 6.465%, due 03/04/2015 ACE Securities Corp., 0.352%, due 02/25/2036, Series 2006-HE1, Class A1A Credit Suisse First Boston Mortgage Securities Corp., 2.529%, due 12/25/2033, Series 2003-AR28, Class 2A1 Verizon Communications, Inc., 0.631%, due 06/09/2017 Verizon Communications, Inc., 1.981%, due 09/14/2018 Canadian Natural Resources, Ltd., 0.609%, due 03/30/2016 Thermo Fisher Scientific, Inc., 0.550%, due 07/02/2014 Specialty Underwriting & Residential Finance Trust, 0.977%, due 05/25/2035, Series 2004-BC2, Class M1 Race Point V CLO, Ltd., 1.531%, due 12/15/2022, Series 2011-5AR, Class AR NiSource Finance Corp., 0.620%, due 07/28/2014 Bank of America Corp., 6.875%, due 04/25/2018 Berica ABS Srl, 0.509%, due 12/31/2055, Series 2011-1, Class A1, Reg S Glencore Funding LLC, 0.580%, due 08/19/2014 Barclays Bank PLC, 7.625%, due 11/21/2022 Bank of America Corp., 5.650%, due 05/01/2018, Series MTNL GE Equipment Transportation LLC, 0.200%, due 06/23/2015, Series 2014-1, Class A1 Entergy Corp., 0.930%, due 09/15/2014 Morgan Stanley, 3.450%, due 11/02/2015 Korea Hydro & Nuclear Power Co., Ltd., 1.008%, due 05/22/2017, Reg S Italy Buoni Poliennali del Tesoro, 3.750%, due 04/15/2016 TF0714TTR

% of Total Market Value 0.74% 0.71% 0.70% 0.70% 0.70% 0.70% 0.59% 0.59% 0.58% 0.57% 0.56% 0.56% 0.54% 0.53% 0.53% 0.52% 0.51% 0.50% 0.50% 0.50% 0.50% 0.48% 0.48% 0.47% 0.47% 0.47% 0.46% 0.45% 0.45% 0.44% 0.44% 0.44% 0.43% 0.43% 0.43% 0.42% 0.42% 0.42% 0.42% 0.42% 0.41% 0.41% 0.40% 0.40% 0.40% 0.40% 0.39% 0.38%

Security Description COA Summit CLO, Ltd., 1.586%, due 04/20/2023, Series 2014-1A, Class A1 Navient Corp., 4.875%, due 06/17/2019 Italy Certificati di Credito del Tesoro Zero Coupon, Zero Coupon, due 04/29/2016 Kraft Foods Group, Inc., 1.625%, due 06/04/2015 Bear Stearns Asset Backed Securities I Trust, 0.580%, due 12/25/2035, Series 2006-HE1, Class 1M2 Spain Government Bond, 5.500%, due 07/30/2017 JPMorgan Chase Bank, 0.475%, due 07/30/2015 Fannie Mae, 6.000%, due 06/01/2040 MGM Resorts International, 7.500%, due 06/01/2016 Lennar Corp., 5.500%, due 09/01/2014 Rosneft Finance SA, 7.500%, due 07/18/2016, Reg S HCA, Inc., 9.000%, due 12/15/2014 Banco Santander Chile, 1.126%, due 04/11/2017 Nautique Funding, Ltd., 0.476%, due 04/15/2020, Series 2006-1A, Class A1A Chicago Transit Authority, 6.899%, due 12/01/2040, Class B Banc of America Funding, Ltd., 0.411%, due 10/03/2039, Series 2012-R5, Class A Ford Motor Credit Co., LLC, 4.207%, due 04/15/2016 Brazil Letras do Tesouro Nacional, Zero Coupon, due 07/01/2015 CNPC General Capital, Ltd., 1.125%, due 05/14/2017 Barclays Bank PLC, 10.179%, due 06/12/2021 Gazprom OAO Via GAZ Capital SA, 4.950%, due 05/23/2016, Reg S Georgia-Pacific LLC, 5.400%, due 11/01/2020 Selkirk No. 1, Ltd., 1.329%, due 02/20/2041, Series 1, Class A Sprint Communications, Inc., 9.125%, due 03/01/2017 RMAC Securities PLC, 0.380%, due 06/12/2044, Series 2007-NS1X, Class A2B, Reg S NiSource Finance Corp., 0.610%, due 07/23/2014 JPMorgan Mortgage Acquisition Corp., 0.412%, due 03/25/2037, Series 2007-CH3, Class A5 U.S. Treasury Inflation Indexed Bond, 1.750%, due 01/15/2028 Freddie Mac, 2.384%, due 01/01/2036, Series 782630 VTB Bank OJSC Via VTB Capital SA, 6.465%, due 03/04/2015, Reg S Brazil Letras do Tesouro Nacional, Zero Coupon, due 04/01/2015 Bear Stearns Cos., LLC, 7.250%, due 02/01/2018 Spain Government Bond, 4.250%, due 10/31/2016 Morgan Stanley, 6.625%, due 04/01/2018, Series GMTN United Airlines, Inc., 6.750%, due 09/15/2015 Spain Government Bond, 3.800%, due 01/31/2017 Fannie Mae TBA, 3.500% Navient Corp., 6.250%, due 01/25/2016 Glencore Funding LLC, 0.385%, due 10/03/2014 Wells Fargo & Co., 7.500%, Class A CIT Group, Inc., 4.750%, due 02/15/2015, Series 2007-1A, Class A1L Bear Stearns Cos., LLC, 5.700%, due 11/15/2014 Wells Fargo Mortgage Backed Securities Trust, 2.615%, due 03/25/2035, Series 2005-AR2, Class 1A1 Ally Financial, Inc., 8.300%, due 02/12/2015 Credit Agricole SA, 7.875%, due 01/23/2024 Air Canada Pass-Through Trust, 5.375%, due 05/15/2021 Sequoia Mortgage Trust, 0.645%, due 12/20/2034, Series 2004-11, Class A2 Spain Government Bond, 4.000%, due 07/30/2015 TF0714TTR

% of Total Market Value 0.38% 0.38% 0.37% 0.37% 0.37% 0.36% 0.35% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.32% 0.31% 0.30% 0.30% 0.30% 0.28% 0.28% 0.27% 0.26% 0.26% 0.26% 0.26% 0.25% 0.24% 0.24% 0.24% 0.23% 0.23% 0.23% 0.22% 0.21% 0.20% 0.20% 0.19% 0.18% 0.18% 0.18% 0.18% 0.18% 0.17% 0.17% 0.17% 0.16% 0.16% 0.16%

Security Description LB-UBS Commercial Mortgage Trust, 5.866%, due 09/15/2045, Series 2007-C7, Class A3 KBC Bank NV, 8.000%, due 01/25/2023, Reg S Countrywide Alternative Loan Trust, 0.348%, due 12/20/2046, Series 2006-OA17, Class 1A1A Structured Asset Mortgage Investments, Inc., 0.342%, due 07/25/2046, Series 2006-AR6, Class 2A1 Ford Motor Credit Co., LLC, 7.000%, due 04/15/2015 National Collegiate Student Loan Trust, 0.392%, due 11/27/2028, Series 2005-1, Class A4 Ford Motor Credit Co., LLC, 1.329%, due 08/28/2014 Verizon Communications, Inc., 3.650%, due 09/14/2018 Reynolds American, Inc., 7.750%, due 06/01/2018 Gazprom OAO Via GAZ Capital SA, 8.146%, due 04/11/2018 Bank of America Corp., 4.500%, due 04/01/2015 Citigroup Mortgage Loan Trust, Inc., 2.764%, due 09/25/2037, Series 2007-10, Class 22AA American International Group, Inc., 5.600%, due 10/18/2016 Sprint Communications, Inc., 6.000%, due 12/01/2016 Fannie Mae TBA, 4.500% Freddie Mac TBA, 4.500% JPMorgan Chase & Co., 6.300%, due 04/23/2019 American Home Mortgage Assets LLC, 0.362%, due 10/25/2046, Series 2006-4, Class 1A12 Fannie Mae TBA, 5.000% Freddie Mac TBA, 4.000% Tobacco Settlement Financing Corp., 5.000%, due 06/01/2041, Series 1A Bear Stearns Cos., LLC, 6.400%, due 10/02/2017, Series 2007-AQ1, Class A1 HSBC USA Capital Trust I, 7.808%, due 12/15/2026 Morgan Stanley, 4.100%, due 01/26/2015 Wells Fargo & Co., 7.980%, due 03/15/2018, Series K Tobacco Settlement Finance Authority, 7.467%, due 06/01/2047, Series A Fannie Mae, 5.000%, due 01/01/2030, Series 932485 Harborview Mortgage Loan Trust, 0.395%, due 03/19/2036, Series 2006-1, Class 2A1A Fannie Mae, 5.000%, due 01/01/2030, Series MA0295 Countrywide Alternative Loan Trust, 2.560%, due 06/25/2037, Series 2007-HY4, Class 1A1 Lloyds Bank PLC, 5.800%, due 01/13/2020 Ford Motor Credit Co., 0.900%, due 08/04/2014 Fannie Mae, 4.000%, due 03/01/2041 Fannie Mae, 1.324%, due 03/01/2044, Series 775852 Reperforming Loan REMIC Trust, 0.492%, due 06/25/2035, Series 2005-R2, Class 1AF1 Countrywide Alternative Loan Trust, 0.352%, due 06/25/2037, Series 2007-OA6, Class A1B WaMu Mortgage Pass-Through Certificates, 2.442%, due 09/25/2033, Series 2003-AR9, Class 2A UBS AG, 7.625%, due 08/17/2022 Apple, Inc., 3.450%, due 05/06/2024 WaMu Mortgage Pass-Through Certificates, 0.863%, due 01/25/2047, Series 2006-AR19, Class 1A Goldman Sachs Group, Inc., 0.635%, due 11/15/2014 Citigroup, Inc., 6.000%, due 08/15/2017 Harborview Mortgage Loan Trust, 0.285%, due 03/19/2037, Series 2007-1, Class 2A1A Harborview Mortgage Loan Trust, 0.345%, due 01/19/2038, Series 2006-12, Class 2A2A TF0714TTR

% of Total Market Value 0.15% 0.15% 0.14% 0.14% 0.13% 0.13% 0.12% 0.12% 0.11% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.09% 0.09% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06%

Security Description Structured Asset Securities Corp., 2.346%, due 06/25/2033, Series 2003-22A, Class 2A1 WaMu Mortgage Pass-Through Certificates, 0.853%, due 01/25/2047, Series 2006-AR19, Class 1A1A Structured Adjustable Rate Mortgage Loan Trust, 2.416%, due 09/25/2034, Series 2004-12, Class 3A1 Fannie Mae, 2.168%, due 09/01/2035, Series 837329 Credit Suisse First Boston Mortgage Securities Corp., 2.227%, due 06/25/2033, Series 2003-AR15, Class 2A1 Fannie Mae, 5.000%, due 10/01/2029, Series MA0214 Credit Suisse, 0.465%, due 03/17/2015 Mohawk Industries, Inc., 0.550%, due 07/23/2014 Vodafone Group PLC, 0.510%, due 04/10/2015 Fannie Mae, 6.000%, due 10/01/2040 International Lease Finance Corp., 4.875%, due 04/01/2015 American Home Mortgage Assets LLC, 0.342%, due 09/25/2046, Series 2006-2, Class 2A1 Altria Group, Inc., 9.700%, due 11/10/2018 Bear Stearns Asset Backed Securities Trust, 2.970%, due 10/25/2036, Series 2006-SD4, Class 1A1 Fannie Mae, 6.000%, due 01/01/2039 International Lease Finance Corp., 5.750%, due 05/15/2016 Fannie Mae, 4.500%, due 12/01/2024 Verizon Communications, Inc., 2.500%, due 09/15/2016 Ally Financial, Inc., 6.750%, due 12/01/2014 Cooperatieve Centrale Raiffeisen-Boerenleenbank BA, 11.000%, due 06/30/2019 Apple, Inc., 2.850%, due 05/06/2021 Fannie Mae, 6.000%, due 05/01/2041 Glencore Funding LLC, 0.650%, due 10/16/2014 Deutsche ALT-A Securities, Inc., Alternate Loan Trust, 5.500%, due 12/25/2035, Series 2005-6, Class 2A3 Ford Motor Credit Co., LLC, 12.000%, due 05/15/2015 WaMu Mortgage Pass-Through Certificates, 0.823%, due 02/25/2047, Series 2007-OA1, Class A1A Banc of America Funding Corp., 2.689%, due 05/25/2035, Series 2005-D, Class A1 Buckeye Tobacco Settlement Financing Authority, 5.875%, due 06/01/2047 JPMorgan Mortgage Trust, 2.663%, due 07/25/2035, Series 2007-A1, Class 5A5 Bear Stearns Adjustable Rate Mortgage Trust, 2.545%, due 08/25/2033, Series 2003-5, Class 2A1 Fannie Mae, 6.000%, due 10/01/2037 Bank of America Corp., 6.400%, due 08/28/2017, Series C GMTN ABFC Trust, 0.772%, due 04/25/2034, Series 2004-OPT4, Class A1 Bear Stearns Asset Backed Securities Trust, 0.260%, due 11/25/2036, Series 2007-AQ1, Class A1 WaMu Mortgage Pass-Through Certificates, 2.449%, due 06/25/2033, Series 2003-AR5, Class A7 Fannie Mae, 6.000%, due 06/01/2038 Park Place Securities, Inc. Asset-Backed Pass-Through Certificates, 0.682%, due 07/25/2035, Series 2005-WCW2, Class M2 State of California - Build America Bonds, 7.500%, due 04/01/2034 Countrywide Alternative Loan Trust, 0.432%, due 02/25/2037, Series 2005-81, Class A1 Altria Group, Inc., 4.125%, due 09/11/2015 Freddie Mac, 2.498%, due 09/01/2035, Series 1G1115

TF0714TTR

% of Total Market Value 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04%

Security Description WaMu Mortgage Pass-Through Certificates, 2.201%, due 08/25/2046, Series 2006-AR9, Class 2A Fannie Mae, 6.000%, due 10/01/2036 Luminent Mortgage Trust, 0.393%, due 10/25/2046, Series 2006-6, Class 2A1 Sequoia Mortgage Trust, 2.366%, due 01/20/2047, Series 2007-1, Class 1A1 Popular ABS Mortgage Pass-Through Trust, 0.542%, due 02/25/2036, Series 2006-A, Class M1 Structured Asset Mortgage Investments, Inc., 0.372%, due 05/25/2036, Series 2006-AR3, Class 12A1 Countrywide Alternative Loan Trust, 5.750%, due 03/25/2037, Series 2007-2CB, Class 1A13 Lloyds Banking Group PLC, 7.625%, due 06/27/2023, Reg S Fannie Mae, 1.374%, due 10/01/2044, Series 806506 Structured Asset Mortgage Investments, Inc., 0.432%, due 02/25/2036, Series 2005-AR8, Class A1A Reperforming Loan REMIC Trust, 6.500%, due 11/25/2034, Series 2004-R1, Class 2A Selkirk No. 2, Ltd., 1.183%, due 02/20/2041, Series 2, Class A Fannie Mae, 6.000%, due 06/01/2040 Freddie Mac, 1.324%, due 10/25/2044, Series T-62, Class 1A1 Fannie Mae, 6.300%, due 10/17/2038, Series 1998-73, Class MZ Freddie Mac, 1.524%, due 07/25/2044, Series T-61, Class 1A1 Banco Nacional de Desenvolvimento Economico e Social, 3.375%, due 09/26/2016 Fannie Mae, 6.000%, due 11/01/2037 Vodafone Group PLC, 0.600%, due 06/29/2015 Fannie Mae, 6.000%, due 07/01/2035 Bear Stearns Adjustable Rate Mortgage Trust, 2.528%, due 03/25/2035, Series 2005-2, Class A2 Wells Fargo Mortgage Backed Securities Trust, 2.622%, due 04/25/2036, Series 2006-AR8, Class 2A4 Fannie Mae, 0.502%, due 09/25/2042, Series 2003-W6, Class F Ginnie Mae, 6.448%, due 08/16/2033, Series 2003-69, Class SB Fannie Mae, 3.500%, due 02/01/2027 Asset Backed Funding Certificates, 0.852%, due 06/25/2034, Series 2004-OPT5, Class A1 Harborview Mortgage Loan Trust, 4.882%, due 08/19/2036, Series 2006-6, Class 5A1A Golden State Tobacco Securitization Corp., 5.000%, due 06/01/2033 First Horizon Alternative Mortgage Securities, 6.250%, due 08/25/2037, Series 2007-FA4, Class 1A8 Countrywide Alternative Loan Trust, 6.250%, due 11/25/2036, Series 2006-30T1, Class 1A3 Fannie Mae, 2.080%, due 07/01/2035, Series 826129 HSBC Capital Funding, LP, 10.176%, due 06/30/2030 Countrywide Home Loan Mortgage Pass-Through Trust, 2.610%, due 08/25/2034, Series 2004-12, Class 12A1 International Lease Finance Corp., 6.750%, due 09/01/2016 Morgan Stanley Mortgage Loan Trust, 5.750%, due 04/25/2037, Series 2007-8XS, Class A1 MGM Mirage, 6.875%, due 04/01/2016 CD Commercial Mortgage Trust, 5.886%, due 11/15/2044, Series 2007-CD5, Class A4 Countrywide Alternative Loan Trust, 6.000%, due 02/25/2037, Series 2006-J8, Class A2 Fannie Mae, 4.500%, due 03/01/2039 Fannie Mae, 4.500%, due 08/01/2030 Fannie Mae, 6.000%, due 09/01/2038 TF0714TTR

% of Total Market Value 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%

Security Description Bear Stearns Alt-A Trust, 2.648%, due 11/25/2036, Series 2006-6, Class 32A1 KT Corp., 4.875%, due 07/15/2015 Korea Expressway Corp., 5.125%, due 05/20/2015 Ally Financial, Inc., 4.625%, due 06/26/2015 Bear Stearns Structured Products, Inc., 2.096%, due 01/26/2036, Series 2007-R6, Class 1A1 Morgan Stanley Mortgage Loan Trust, 6.000%, due 07/25/2047, Series 2007-10XS, Class A1 Fannie Mae, 6.948%, due 07/25/2034, Series 2004-49, Class SM Fannie Mae, 4.500%, due 02/01/2039 Credit-Based Asset Servicing and Securitization LLC, 0.220%, due 01/25/2037, Series 2007-CB1, Class AF1A Citigroup Mortgage Loan Trust, Inc., 2.280%, due 09/25/2035, Series 2005-6, Class A2 Mellon Residential Funding Corp., 0.592%, due 12/15/2030, Series 2000-TBC3, Class A1 Fannie Mae, 2.311%, due 03/01/2034, Series 766361 Fannie Mae, 4.500%, due 11/01/2018 Small Business Administration Participation Certificates, 4.340%, due 03/01/2024, Series 2004-20C, Class 1 Bear Stearns Adjustable Rate Mortgage Trust, 2.250%, due 08/25/2035, Series 2005-5, Class A2 Chevy Chase Funding LLC Mortgage-Backed Certificates, 0.402%, due 08/25/2035, Series 2004-3A, Class A1 GMAC International Finance BV, 7.500%, due 04/21/2015, Reg S Italy Buoni Poliennali del Tesoro, 3.000%, due 11/01/2015 Spain Government Bond, 3.000%, due 04/30/2015 Structured Adjustable Rate Mortgage Loan Trust, 1.523%, due 01/25/2035, Series 2004-19, Class 2A1 Ginnie Mae, 6.447%, due 09/20/2034, Series 2004-76, Class S Wells Fargo Mortgage Backed Securities Trust, 2.615%, due 01/25/2035, Series 2004-CC, Class A1 Fannie Mae, 5.500%, due 01/01/2037, Series 906269 Merrill Lynch Mortgage Investors, Inc., 0.362%, due 02/25/2036, Series 2005-A10, Class A Residential Asset Securitization Trust, 0.552%, due 01/25/2046, Series 2006-R1, Class A2 Freddie Mac, 2.355%, due 03/01/2034, Series 781294, Class H Fannie Mae, 2.397%, due 11/01/2033, Series 744797 Freddie Mac, 2.349%, due 11/01/2033, Series 781026, Class TC Kentucky State Property & Building Commission, 5.373%, due 11/01/2025 New York City Transitional Finance Authority Future Tax Secured Revenue, 4.725%, due 11/01/2023 Fannie Mae, 5.000%, due 08/01/2020, Series 826926 DISH DBS Corp., 7.125%, due 02/01/2016 Bear Stearns Adjustable Rate Mortgage Trust, 2.771%, due 01/25/2034, Series 2003-8, Class 4A1 Fannie Mae, 3.500%, due 02/01/2027 Navient Corp., 3.875%, due 09/10/2015 MID-State Trust IV, 8.330%, due 04/01/2030, Series 4, Class A Tobacco Settlement Financing Corp., 5.500%, due 06/01/2026 Freddie Mac, 2.245%, due 03/01/2034, Series 781378 Freddie Mac, 4.500%, due 05/01/2037, Series 267, Class F5 Structured Asset Mortgage Investments, Inc., 0.405%, due 07/19/2035, Series 2005-AR5, Class A3 TF0714TTR

% of Total Market Value 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%

Security Description Ginnie Mae, 6.408%, due 04/16/2033, Series 2003-94, Class SA GSR Mortgage Loan Trust, 2.657%, due 09/25/2035, Series 2005-AR6, Class 2A1 Fannie Mae, 5.500%, due 02/01/2037, Series 904972 New Century Home Equity Loan Trust, 0.332%, due 05/25/2036, Series 2006-1, Class A2B Ginnie Mae, 6.408%, due 10/16/2033, Series 2003-92, Class S Park Place Securities, Inc., 0.412%, due 09/25/2035, Series 2005-WCW1, Class A1B Morgan Stanley Mortgage Loan Trust, 0.222%, due 01/25/2047, Series 2007-3XS, Class 2A1A First Horizon Asset Securities, Inc., 2.612%, due 08/25/2035, Series 2005-AR3, Class 2A1 Fannie Mae, 0.252%, due 01/25/2021, Series 2005-120, Class NF Banc of America Funding Corp., 2.938%, due 01/20/2047, Series 2006-J, Class 4A1 Denver Arena TR Arena Revenue Bkd Nt, 6.940%, due 11/15/2019 JPMorgan Mortgage Trust, 2.952%, due 02/25/2035, Series 2005-A1, Class 6T1 Structured Asset Mortgage Investments, Inc., 0.405%, due 07/19/2035, Series 2005-AR5, Class A2 Urbi Desarrollos Urbanos SAB de CV, 9.500%, due 01/21/2020 Freddie Mac, 2.001%, due 09/01/2035, Series 1J1214 Fannie Mae, 6.000%, due 11/01/2038 Wells Fargo Mortgage Backed Securities Trust, 5.588%, due 04/25/2036, Series 2006-AR4, Class 2A6 MASTR Alternative Loans Trust, 0.552%, due 03/25/2036, Series 2006-2, Class 2A1 Ginnie Mae, 1.625%, due 05/20/2024, Series 008423 Fannie Mae, 2.340%, due 01/01/2028, Series 421922 IndyMac Index Mortgage Loan Trust, 2.509%, due 12/25/2034, Series 2004-AR11, Class 2A Merrill Lynch Mortgage Investors Trust, 1.151%, due 10/25/2035, Series 2005-2, Class 3A Structured Asset Mortgage Investments, Inc., 0.405%, due 07/19/2035, Series 2005-AR5, Class A1 Securitized Asset Backed Receivables LLC, 0.212%, due 12/25/2036, Series 2007-HE1, Class A2A MLCC Mortgage Investors, Inc., 0.402%, due 11/25/2035, Series 2005-3, Class 4A Small Business Administration Participation Certificates, 5.130%, due 09/01/2023, Series 2003-20I, Class 1 Ginnie Mae, 6.500%, due 06/20/2032, Series 2002-40, Class ZA Sequoia Mortgage Trust, 0.913%, due 10/20/2027, Series 10, Class 2A1 Freddie Mac, 6.500%, due 07/25/2043, Series T-57, Class 1A1 Freddie Mac, 4.500%, due 08/01/2025 WaMu Mortgage Pass-Through Certificates, 1.932%, due 02/27/2034, Series 2002-AR2, Class A Structured Asset Mortgage Investments, Inc., 0.815%, due 09/19/2032, Series 2002-AR3, Class A1 Bear Stearns Adjustable Rate Mortgage Trust, 2.737%, due 01/25/2034, Series 2003-8, Class 2A1 Countrywide Home Loan Mortgage Pass-Through Trust, 2.497%, due 10/19/2032, Series 2002-30, Class M Bear Stearns Asset Backed Securities Trust, 0.812%, due 10/25/2032, Series 2002-2, Class A1 U.S. Treasury Bill, Zero Coupon, due 10/16/2014 WaMu Mortgage Pass-Through Certificates, 1.523%, due 08/25/2042, Series 2002-AR9, Class 1A Amortizing Residential Collateral Trust, 0.732%, due 07/25/2032, Series 2002-BC4, Class A TF0714TTR

% of Total Market Value 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%**

Security Description Freddie Mac, 6.500%, due 04/15/2029, Series 2142, Class Z Fannie Mae, 2.312%, due 01/01/2026, Series 348273 Structured Asset Securities Corp., 0.732%, due 01/25/2033, Series 2002-HF1, Class A RFMSI Trust, 6.500%, due 03/25/2032, Series 2003-S9, Class A1 Home Equity Asset Trust, 0.750%, due 11/25/2032, Series 2002-1, Class A4 Countrywide Alternative Loan Trust, 6.000%, due 10/25/2032, Series 2003-J1, Class 4A1 Credit Suisse First Boston Mortgage Securities Corp., 0.799%, due 03/25/2032, Series 2002-P1A, Class A Lehman Brothers Holdings, Inc. (Escrow shares), 6.750%, due 12/28/2017 Royal Bank of Scotland, 0.050%, due 07/01/2014 Barclays Capital, Inc., 0.090%, due 07/01/2014 Morgan Stanley, 0.040%, due 07/01/2014 JPMorgan Securities, Inc., 0.200%, due 07/01/2014 Bank of America, 0.090%, due 07/01/2014 State Street Corp., 0.010%, due 07/01/2014

% of Total Market Value 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 0.00%** 4.56% 1.30% 1.00% 0.55% 0.25% 0.12%

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. These holdings will remain online for six months, starting 25 days after the end of each calendar quarter. ** This security represents less than 0.01% of total holdings.

This list of portfolio holdings is published on a delayed basis, 25 days after the end of each calendar quarter, and does not necessarily represent the actual investments held by a Transamerica fund 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. Investors should carefully consider their investment objectives and the risks, charges, and expenses associated with mutual funds before investing. The prospectus contains this and other important information about mutual funds. Click the Prospectuses tab under the Resources section of this website to obtain a prospectus and/or prospectus summary, and please read the prospectus carefully before you invest.

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

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