07/21/2026 | Press release | Distributed by Public on 07/21/2026 11:35
TRANSAMERICA FUNDS
Supplement to the Currently Effective Prospectus and Statement of Additional Information
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Transamerica High Yield Muni
Transamerica Intermediate Muni
Effective immediately, the following replaces the corresponding information in the Prospectus for each of Transamerica High Yield Muni and Transamerica Intermediate Muni under the sections entitled "Management":
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Management: |
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Investment Manager: Transamerica Asset Management, Inc. |
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Sub-Adviser: Belle Haven Investments, L.P. |
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Portfolio Managers: |
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Max Christiana |
Portfolio Manager | since November 2021 | ||
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Lincoln James |
Portfolio Manager | since July 2026 | ||
Effective immediately, the following replaces the corresponding information in the Prospectus under the section entitled "Shareholder Information - Portfolio Manager(s)":
Transamerica High Yield Muni
| Name | Sub-Adviser | Positions Over Past Five Years | ||
| Max Christiana | Belle Haven Investments, L.P. | Portfolio Manager of the fund since 2021; joined Belle Haven Investments, L.P. in 2016, Partner since 2023; Portfolio Manager since 2020; Prior Vice President of Trading | ||
| Lincoln James | Belle Haven Investments, L.P. | Portfolio Manager of the fund since 2026; joined Belle Haven Investments, L.P. in 2023 as a Portfolio Manager and Trader; Employed at Hutchinson, Shockey, Erley & Co. and Huntington Capital Markets from 2010 to 2023; Employed at Loop Capital Markets as a Competitive Underwriter in 2023 |
Transamerica Intermediate Muni
| Name | Sub-Adviser | Positions Over Past Five Years | ||
| Max Christiana | Belle Haven Investments, L.P. | Portfolio Manager of the fund since 2021; joined Belle Haven Investments, L.P. in 2016, Partner since 2023; Portfolio Manager since 2020; Prior Vice President of Trading | ||
| Lincoln James | Belle Haven Investments, L.P. | Portfolio Manager of the fund since 2026; joined Belle Haven Investments, L.P. in 2023 as a Portfolio Manager and Trader; Employed at Hutchinson, Shockey, Erley & Co. and Huntington Capital Markets from 2010 to 2023; Employed at Loop Capital Markets as a Competitive Underwriter in 2023 |
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Effective immediately, the following tables replace the corresponding tables in the Statement of Additional Information under the section in Appendix B entitled "Portfolio Managers - Belle Haven Investments, L.P. ("Belle Haven")":
Transamerica High Yield Muni
| Portfolio Manager | Registered Investment Companies |
Other Pooled Investment Vehicles |
Other Accounts | |||||||||
| Number |
Assets Managed |
Number |
Assets Managed |
Number |
Assets Managed |
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| Max Christiana | 1 | $953 million | 0 | $0 | 26,332 | $21.75 billion | ||||||
| Lincoln James* | 1 | $930 million | 0 | $0 | 27,773 | $23.53 billion | ||||||
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Fee Based Accounts (The number of accounts and the total assets in the accounts managed by each portfolio manager with respect to which the advisory fee is based on the performance of the account.) |
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| Max Christiana | 0 | $0 | 0 | $0 | 0 | $0 | ||||||
| Lincoln James* | 0 | $0 | 0 | $0 | 0 | $0 | ||||||
* As of July 21, 2026
Transamerica Intermediate Muni
| Portfolio Manager | Registered Investment Companies |
Other Pooled Investment Vehicles |
Other Accounts | |||||||||
| Number |
Assets Managed |
Number |
Assets Managed |
Number |
Assets Managed |
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| Max Christiana | 1 | $146 million | 0 | $0 | 26,332 | $21.75 billion | ||||||
| Lincoln James* | 1 | $185 million | 0 | $0 | 27,773 | $23.53 billion | ||||||
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Fee Based Accounts (The number of accounts and the total assets in the accounts managed by each portfolio manager with respect to which the advisory fee is based on the performance of the account.) |
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| Max Christiana | 0 | $0 | 0 | $0 | 0 | $0 | ||||||
| Lincoln James* | 0 | $0 | 0 | $0 | 0 | $0 | ||||||
* As of July 21, 2026
Effective immediately, the following replaces the corresponding information in the Statement of Additional Information under the section in Appendix B entitled "Portfolio Managers - Belle Haven Investments, L.P. ("Belle Haven")":
Compensation
Max Christiana, Co-Chief Investment Officer, and Lincoln James, Portfolio Manager, both receive compensation of a combination of salary, plus a bonus based on the profitability of Belle Haven.
Ownership of Securities
As of October 31, 2025, the portfolio manager(s) did not beneficially own any shares of the fund(s).
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Investors Should Retain this Supplement for Future Reference
July 21, 2026