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CORRESP
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CORRESP

 Transamerica Asset Management

1801 California St, Suite 5200

Denver, CO 80202

 May 12, 2025

 VIA EDGAR
CORRESPONDENCE

 Ms. Lisa Larkin

 United States
Securities and Exchange Commission

 Division of Investment Management

100 F Street, NE

 Washington, D.C. 20549-0102

RE:
 Transamerica Funds (the “Trust” or “Registrant”)

 
 Form N-14/File
No. 333-286367

 Dear Ms. Larkin:

On behalf of the Registrant, we are filing this letter to respond in writing to comments received from the staff (the “Staff”) of
the Securities and Exchange Commission (the “Commission” or the “SEC” on the Registration Statement on Form N-14 (the “Registration Statement”) filed pursuant to Rule 488 under
the Securities Act of 1933, as amended (the “1933 Act”), with the Commission on April 3, 2025 (Accession Number: 0001193125-25-072461), relating to the
reorganization (each, a “Reorganization”) of each Target Fund into the applicable Destination Fund as listed in the table below. The Target Funds and Destination Funds, both series of the Trust, are sometimes referred to as a
“Fund.”

Target Fund

Destination Fund

 Transamerica ClearTrack®
Retirement Income

 Transamerica ClearTrack® 2025

 Transamerica Asset
Allocation – Conservative

 Portfolio

Transamerica ClearTrack® 2030

 Transamerica Asset Allocation – Moderate

Portfolio

 Transamerica ClearTrack® 2035

Transamerica ClearTrack® 2040

 Transamerica Asset
Allocation – Moderate

 Growth Portfolio

 Transamerica ClearTrack® 2045

Transamerica ClearTrack® 2050

 Transamerica Asset
Allocation – Growth

 Portfolio

 Below are the Staff’s comments, which were conveyed to the Registrant by phone on May 1, 2025, and
the Registrant’s responses thereto.

1.
 Comment: In the shareholder letter, in the last sentence there is a reference to the Reorganizations
being “tax-deferred,” while elsewhere in the document, the Reorganizations are described as “tax-free.” Please confirm which term should be used and
use that term consistently throughout.

 Response: The Registrant has made revisions to ensure
that the Reorganizations are consistently described as “tax-free.”

2.
 Comment: On page 3, please confirm that all hyperlinks are properly functioning.

 Response: The Registrant so confirms.

3.
 Comment: With regard to the
second-to-last bullet on page 5, in the “Questions and Answers – How will the Reorganizations Work” section of the document, please confirm that the
manager of managers exemptive order can be used to make the sub-adviser change in connection with this merger.

Response: The Registrant so confirms.

4.
 Comment: On page 6 in the second paragraph under the “Questions and Answers – Why did the
Trustees Approve each Reorganization” section, please confirm that with regard to Item (v) noted, the management fee rate schedule of the combined Destination Fund will be lower at the higher asset levels but the effective rate will remain
at ten basis points for each combined Destination Fund immediately following the Reorganizations.

Response: The Registrant notes that the current management fee schedule for each Destination Fund is as follows: 0.104%
of the first $1 billion; 0.0975% over $1 billion up to $3 billion; 0.0925% over $3 billion up to $5 billion; 0.085% over $5 billion up to $7 billion; 0.080% over $7 billion up to $9 billion; and 0.0725%
in excess of $9 billion. The revised management fee schedule for each combined Destination Fund will be as follows: 0.10% of the first $1 billion; 0.0975% over $1 billion up to $2.5 billion; 0.090% over $2.5 billion up to
$4 billion; 0.080% over $4 billion up to $9 billion; and 0.0725% in excess of $9 billion. It is further noted that the net assets of certain combined Destination Funds (Transamerica Asset Allocation – Moderate
Portfolio, Transamerica Asset Allocation – Moderate Growth Portfolio and Transamerica Asset Allocation – Growth Portfolio) are expected to exceed $1 billion immediately following the applicable Reorganizations. Transamerica Asset
Allocation – Conservative Portfolio is expected to benefit from the reduced management fee schedule of the first $1 billion. In response to the Staff’s comment, the Registrant confirms that the effective pro forma management fee for
each combined Destination Fund as shown in the respective fee tables is 0.10%, but this is the result of rounding up for those combined Destination Funds with net assets expected to exceed $1 billion.

5.
 Comment: On page 6 in the second paragraph under the “Questions and Answers – Why did the
Trustees Approve each Reorganization” section, please confirm that with regard to Items (vi) and (vii) noted, after the expiration of the expense waivers, the statements will continue to be true given the sentence on page 8 that notes that
Fund expenses may be higher following the expiration of these expense limitation arrangements.

 Response: The Registrant notes that, with respect to Item
(vi) noted, the expense limit for Class R3 shares of Transamerica Asset Allocation – Moderate Growth Portfolio and Transamerica Asset Allocation – Growth Portfolio will run through March 1, 2027. The Registrant will revise
the disclosure to include the term of the expense limitation arrangements.

 With respect to Item (vii) noted, the
Registrant will revise the disclosure to clarify that the discussion of expected combined Destination Fund expenses relates to expenses “immediately following” the Reorganizations.

6.
 Comment: On page 7 in the last bullet in the “Questions and Answers – How do the Target
Funds and Destination Funds Compare? – Management Fee and Total Operating Expenses” section, please confirm the meaning of the first two sentences – “The Destination Funds’ management fee schedules will be lowered in
connection with the Reorganizations. The effective management fee of each combined Destination Fund is not expected to exceed the current effective management fee of the corresponding Target Fund(s) at any asset level.”

 Response: The Registrant confirms that the contractual management fee rate schedules of the
combined Destination Funds are being lowered at certain asset levels and, as a result, the effective management fee of each combined Destination Fund is expected to be the same as or lower than the effective management fee of the corresponding
Target Fund at every asset level. In response to the Staff’s comment, the Registrant will revise the noted disclosure to clarify that the “The Destination Funds’ management fee schedules will be revised in connection with the
Reorganizations.”

7.
 Comment: On page 22, with respect to footnote number 3, please confirm that the right of recoupment
for the Target Funds will not be carried over to the corresponding Destination Fund as part of the Reorganization.

Response: The Registrant so confirms.

Please direct any comments or questions concerning this filing to the undersigned at (727) 299-1821.

Very truly yours,

/s/ Dennis P. Gallagher         

Dennis P. Gallagher

Chief Legal Officer and Secretary

Transamerica Funds