Liquidation: TRANSAMERICA FUNDS

Form Type: 497

Filing Date: 2025-03-10

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525051070

Filing Summary: The Board of Trustees approved the liquidation of Transamerica High Yield ESG effective on or about April 25, 2025. The fund will close to new investors on March 14, 2025, and to all investments on April 11, 2025. Shareholders may exchange fund shares for shares of the same class in another Transamerica fund prior to liquidation. The fund's assets will be converted to cash or cash equivalents, and the fund will cease pursuing its investment objective. It is noted that redeeming, exchanging, or receiving liquidation proceeds is generally considered a taxable event. Post-liquidation, references to Transamerica High Yield ESG will be removed from all prospectuses and statements of additional information.

Form Type: 497K

Filing Date: 2025-03-10

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525051073

Filing Summary: The Board of Trustees has approved the liquidation of Transamerica High Yield ESG effective on or about April 25, 2025. The fund will be closed to new investors effective on or about the close of business on March 14, 2025, and will be closed to all investments effective on or about the close of business on April 11, 2025. Shareholders are allowed to exchange their fund shares for shares of the same class of another fund within Transamerica Funds prior to liquidation. To ensure an orderly liquidation, the fund’s assets may be converted into cash or cash equivalents. Shareholders should note that redeeming shares, exchanging them into another fund, or receiving liquidation proceeds upon termination is generally considered a taxable event. After the liquidation, all references to Transamerica High Yield ESG will be removed from the Prospectuses and Statements of Additional Information.

Form Type: 497

Filing Date: 2025-03-07

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525049489

Filing Summary: The Board of Trustees of Transamerica Funds has approved the liquidation of Transamerica ClearTrack® 2055 and Transamerica ClearTrack® 2060, effective on or about April 25, 2025. The funds were closed to most new investors on February 11, 2025. To achieve an orderly liquidation, the funds' assets may be converted into cash or cash equivalents, and the funds will no longer pursue their stated investment objectives during this process. Investors with accounts through the Transamerica Retirement Solutions LLC recordkeeping platform can contact TRS for guidance regarding the liquidations. Shareholders can exchange their fund shares for shares of the same class of another available fund within Transamerica Funds. Tax considerations are highlighted for those in taxable accounts if they redeem shares, exchange them, or receive proceeds from the liquidation. Post-liquidation, all references to these funds will be removed from the Prospectus and Statement of Additional Information.

Form Type: 497K

Filing Date: 2025-03-07

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525049491

Filing Summary: The Board of Trustees has approved the liquidation of Transamerica ClearTrack® 2055 and Transamerica ClearTrack® 2060 effective on or about April 25, 2025. The funds were closed to most new investors on February 11, 2025. To achieve an orderly liquidation, the funds’ assets may be converted into cash or cash equivalents, and they will no longer pursue their stated investment objectives. Investors with accounts through Transamerica Retirement Solutions LLC can contact them to discuss the impact of the liquidations on their accounts. Shareholders may exchange their fund shares for shares of the same class of another available fund within Transamerica Funds, but should be aware of potential tax consequences of redemptions, exchanges, or liquidation proceeds. Following the liquidation, all references to each fund will be removed from the Prospectus and the Statement of Additional Information.

Form Type: 497K

Filing Date: 2025-03-07

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525049492

Filing Summary: The Board of Trustees has approved the liquidation of Transamerica ClearTrack® 2055 and Transamerica ClearTrack® 2060 effective on or about April 25, 2025. The funds were closed to most new investors on February 11, 2025. To achieve an orderly liquidation, the funds' assets may be converted into cash or cash equivalents, ceasing pursuit of their stated investment objectives. Investors with accounts on the Transamerica Retirement Solutions LLC recordkeeping platform can discuss effects on their investments. Shareholders may exchange shares for the same class of another available fund. Taxable account shareholders should be aware of potential tax consequences upon redemption, exchange, or liquidation proceeds. After liquidation, the funds will be removed from the Prospectus and Statement of Additional Information.

Form Type: 497

Filing Date: 2025-02-21

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525031682

Filing Summary: The Board of Trustees has approved the liquidation of Transamerica ClearTrack® 2015 and Transamerica ClearTrack® 2020, effective on or about February 21, 2025. Both funds were closed to new investments on February 11, 2025, and currently have no shareholders. Following the liquidation, all references to these funds will be removed from the Prospectus and the Statement of Additional Information. Investors are advised to retain this supplement for future reference.

Form Type: 497K

Filing Date: 2025-02-21

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525031688

Filing Summary: The Board of Trustees has approved the liquidation of Transamerica ClearTrack® 2015 and Transamerica ClearTrack® 2020, effective on or about February 21, 2025. Both funds were closed to all investments on February 11, 2025, and currently have no shareholders. Following the liquidation, all references to these funds will be deleted from the Prospectus and the Statement of Additional Information. Investors are advised to retain this supplement for future reference.

Form Type: 497K

Filing Date: 2025-02-21

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525031689

Filing Summary: The Board of Trustees has approved the liquidation of Transamerica ClearTrack® 2015 and Transamerica ClearTrack® 2020 effective on or about February 21, 2025. Both funds were closed to all investments on February 11, 2025, and currently have no shareholders. Following the liquidation, all references to these funds will be deleted from the Prospectus and the Statement of Additional Information. Investors are advised to retain this Supplement for future reference.