Transamerica Series Trust

09/13/2024 | Press release | Distributed by Public on 09/13/2024 11:22

Prospectus by Investment Company - Form 497

497

TRANSAMERICA SERIES TRUST

Supplement to the Currently Effective Prospectus, Summary Prospectus and Statement of Additional Information

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Transamerica Aegon U.S. Government Securities VP

The following information replaces the corresponding information in the Prospectus and Summary Prospectus for Transamerica Aegon U.S. Government Securities VP under the section entitled "Management":

 Management:

Investment Manager:  Transamerica Asset Management, Inc.

Sub-Adviser:  Aegon USA Investment Management, LLC

 Portfolio Managers:

 Tyler A. Knight, CFA

Portfolio Manager

since May 2014

 Sivakumar N. Rajan

Portfolio Manager

since April 2021

 Andy Raver

Portfolio Manager

since December 2023

The following information replaces the corresponding information in the Prospectus for Transamerica Aegon U.S. Government Securities VP under the section entitled "Shareholder Information - Portfolio Manager(s)":

Name

Sub-Adviser

Positions Over Past Five Years

Tyler A. Knight, CFA

Aegon USA Investment Management, LLC

Portfolio Manager of the portfolio since 2014; Portfolio Manager with Aegon USA Investment Management, LLC since 2008; Head of US Public Structured Finance since 2018

Sivakumar N. Rajan

Aegon USA Investment Management, LLC

Portfolio Manager of the portfolio since 2021; Portfolio Manager with Aegon USA Investment Management, LLC since 2015

Andy Raver

Aegon USA Investment Management, LLC

Portfolio Manager of the portfolio since 2023; Employed with Aegon USA Investment Management, LLC since 2019

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The following information replaces the corresponding information in the Statement of Additional Information under the section in Appendix B entitled "Portfolio Managers - Aegon USA Investment Management, LLC. ("AUIM")":

Transamerica Aegon U.S. Government Securities VP

Registered Investment
Companies
Other Pooled Investment
Vehicles
Other Accounts
Portfolio Manager Number

Assets

Managed

Number

Assets

Managed

Number

Assets

Managed

Tyler A. Knight, CFA

9 $11.46 billion 5 $636 million 15 $7.65 billion

Sivakumar N. Rajan

0 $0 1 $71 million 1 $1 million

Andy Raver

0 $0 5 $2.47 billion 13 $1.41 billion

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.)

Tyler A. Knight, CFA

0 $0 0 $0 0 $0

Sivakumar N. Rajan

0 $0 0 $0 0 $0

Andy Raver

0 $0 0 $0 0 $0

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Investors Should Retain this Supplement for Future Reference

September 13, 2024