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TRANSAMERICA FUNDS

Supplement to the Currently Effective Statements of Additional Information

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Effective immediately, the following information appearing in the “Officers” table contained in the “Board Members and Officers” sub-section of the Statements of Additional Information under the heading “Management of the Trust” is replaced in its entirety with the following:

Officers

The mailing address of each officer is c/o Secretary, 1801 California Street, Suite 5200, Denver, CO 80202. The following table shows information about the officers, including their year of birth, their positions held with the Trust and their principal occupations during the past five years (their titles may have varied during that period). Each officer will hold office until his or her successor has been duly elected or appointed or until his or her earlier death, resignation or removal.

 

Name and Year of Birth   Position  

 

Term of

Office and

Length of

Time Served*

   Principal Occupation(s) or Employment
During Past Five Years
Marijn P. Smit
(1973)		   Chairman of the Board, President and Chief Executive Officer   Since 2014   See Interested Board Members Table Above.
Joshua Durham
(1973)		   Vice President, Chief Operating Officer and Interim Treasurer   Since 2022   Vice President and Chief Operating Officer, TF and TST (2022 – present);
Interim Treasurer, TF and TST (2024 – present);
Vice President and Chief Operating Officer, TAAVF (2022 – 2023);
Director, Senior Vice President, and Chief Operating Officer, TAM (2022 - present) and TFS (2022 – 2023);
Director, President and Chief Executive Officer, TFS (2023 – present);
Vice President, Transamerica Casualty Insurance Company (2016 – 2022);
Vice President (2004 – 2007 and 2012 – 2022) and Responsible Officer (2017 – 2022), Transamerica Financial Life Insurance Company;
Vice President (2004 – 2007 and 2010 – 2022) and Responsible Officer (2016 – 2022) Transamerica Life Insurance Company;
Chief Administrative Officer (2014 – 2016) and Senior Vice President (2009 – 2020), Transamerica Stable Value Solutions Inc.;
Vice President, Transamerica Premier Life Insurance Company (2010 – 2020);
Vice President, Transamerica Advisors Life Insurance Company (2016 – 2019);
Vice President, TAG Resources, LLC (2022);
Vice President, Transamerica Retirement Solutions, LLC (2017 – 2022).
Dennis P. Gallagher
(1970)		   Chief Legal Officer and Secretary  

Since 2021;

2006 - 2014

   Chief Legal Officer and Secretary, TF and TST (2021 – present and 2006 - 2014);
Chief Legal Officer and Secretary, TAAVF (2021 – 2023 and 2006 - 2014);
Chief Legal Officer and Assistant Secretary, TAM (2022 – present);
Lead Attorney, TAM (2017 – 2021);
Associate General Counsel/Chief Legal Officer, Latin American Operations and International Funds (2014 – 2022);
Director, Senior Vice President, General Counsel, Operations and Secretary, TAM (2006 – 2014);
Director, Senior Vice President, General Counsel, Chief Administrative Officer and Secretary, TFS (2006 – 2014);
Chairman of the Board, Aegon Global Funds (2013 – 2022);
Board Member, Mongeral Aegon Seguros e Previdencia SA (2017 – 2022);
Assistant Secretary, TF, TST, TET and TAAVF (2019);
Vice President, General Counsel and Secretary, TPP, TPFG and TPFG II (2007 – 2014);
Assistant Vice President, Transamerica Capital, LLC (“TCL”) (2007 – 2014);
Lead Attorney, Transamerica Stable Value Solutions. Inc. (2024 - present).

Name and Year of Birth   Position  

 

Term of

Office and

Length of

Time Served*

   Principal Occupation(s) or Employment
During Past Five Years
James E. Goundrey
(1977)		  

Assistant

Secretary

   Since 2024   Assistant Secretary, TF and TST (2024 – present);
Assistant General Counsel, TAM (2022 – present);
Associate General Counsel, Edward D. Jones & Co. (2019 – 2022);
Vice President and Senior Counsel, State Street Global Advisors (2015-2019).
Molly Possehl
(1978)		  

Anti-Money

Laundering

Officer

   Since 2019   Anti-Money Laundering Officer, TF and TST (2019 – present);
Anti-Money Laundering Officer, TET (2019-2024);
Anti-Money Laundering Officer, TAAVF (2019 – 2023);
Anti-Money Laundering Compliance Officer and Fraud Officer, Transamerica Life Insurance Company/Aegon USA (2015 – present);
Senior Director, Compliance, Transamerica Life Insurance Company (2021 – present);
Assistant General Counsel, Transamerica Life Insurance Company/Aegon USA (2013 – 2021).
Sean Ryan
(1981)		  

Assistant

Treasurer

   Since 2024   Assistant Treasurer, TF and TST (2024 – present);
Senior Manager of Fund Treasury, TAM (2022-present);
Senior Director of Registered Fund Accounting (2021-2022) and Vice President of Registered Fund Accounting (2010 – 2021), SS&C ALPS.
David J. Sensenbaugh
(1967)		  

Interim Chief Compliance

Officer

   Since 2025   Interim Chief Compliance Officer, TF and TST (2025 – present);
Chief Compliance Officer (2025 – present), Senior Director of Compliance (2024 – 2025), Director of Compliance (2021 – 2023) and Compliance Manager (2019 – 2020), TAM;
Chief Compliance Officer, TFS (2025 – present);
Compliance Manager (2008 – 2018) and Senior Compliance Analyst (2004 – 2008), SS&C ALPS.
Christopher A. Staples, CFA
(1970)		  

Vice President

and Chief

Investment

Officer, Advisory

Services

   Since 2005   Vice President and Chief Investment Officer, Advisory Services, TF and TST (2007 – present);
Vice President and Chief Investment Officer, TET (2017 – 2024);
Vice President and Chief Investment Officer, Advisory Services, TAAVF (2007 – 2023);
Vice President and Chief Investment Officer, Advisory Services, TPP, TPFG and TPFG II (2007 – 2018);
Director (2005 – 2019), Senior Vice President (2006 – present), Senior Director, Investments (2016 – present), Chief Investment Officer, Advisory Services (2012 – 2016) and Lead Portfolio Manager (2007 – present), TAM;
Director, TFS (2005 – 2019);
Trust Officer, Transamerica Trust Company (formerly, Massachusetts Fidelity Trust Company) (2010 – 2022);
Registered Representative, TCL (2007 – 2016);
Registered Representative, TFA (2005 – present).
Thomas R. Wald, CFA
(1960)		  

Vice President

and Chief

Investment Officer

   Since 2014   Chief Investment Officer, TF and TST (2014 – present);
Chief Investment Officer, TET (2017 – 2024);
Chief Investment Officer, TAAVF (2014 – 2023);
Chief Investment Officer, TPP, TPFG and TPFG II (2014 – 2018);
Director, Akaan Transamerica, S.A. de C.V., Sociedad Operadora de Fondos de Inversión (2017 – 2020);
Chief Investment Officer, Transamerica Investments & Retirement (2014 – 2020);
Senior Vice President, Chief Investment Officer and Director, TAM (2014 – present);
Director, TFS (2019 – 2021);
Trust Officer, Transamerica Trust Company (formerly, Massachusetts Fidelity Trust Company) (2015 – 2022).

* Elected and serves at the pleasure of the Board of the Trust.

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Investors Should Retain this Supplement for Future Reference

April 17, 2025