In the present study, the propagation of Love waves is investigated in a layered structure with two different homogeneity saturated materials based on Biot’s theory. The upper layer is a transversely isotropic functional graded saturated layer, and the substrate is a saturated semi-space. The inhomogeneity of the functional graded layer is taken into account. Furthermore, the gradient coefficient is employed as the representation of the relation with the layer thickness and the material parameters, and the power series method is applied to solve the variable coefficients governing the equations. In this regard, the influence of the gradient coefficients of saturated material on the dispersion relations, and the attenuation of Love waves in this structure are explored, and the results of the present study can provide theoretical guidance for the non-destructive evaluation of functional graded saturated material.