# EDGAR Filing Document

**Accession Number:** 0000912036
**File Stem:** 0001752724-23-067817
**Filing Date:** 2023-3
**Character Count:** 39744
**Document Hash:** d29f1c585da0051a77d3bd0ae2cac986
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-067817.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001752724-23-067817

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230327

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMG Funds IV
- **CENTRAL INDEX KEY:** 0000912036
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08004
- **FILM NUMBER:** 23763976

**BUSINESS ADDRESS:**
- **STREET 1:** 680 WASHINGTON BOULEVARD, SUITE 500
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06901
- **BUSINESS PHONE:** 203-299-3500

**MAIL ADDRESS:**
- **STREET 1:** 680 WASHINGTON BOULEVARD, SUITE 500
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06901

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ASTON FUNDS
- **DATE OF NAME CHANGE:** 20061201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ABN AMRO FUNDS
- **DATE OF NAME CHANGE:** 20021227

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLEGHANY FUNDS
- **DATE OF NAME CHANGE:** 19980406

## Series and Classes Contracts Data

### AMG River Road Small Cap Value Fund (Series ID: S000001130)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000003038 | CLASS N SHARES | ARSVX           |
| C000040086 | CLASS I SHARES | ARSIX           |
| C000194568 | CLASS Z Shares | ARZMX           |

## Nport-Ex

AMG River Road Small Cap Value Fund

Schedule of Portfolio Investments *(unaudited)*

January 31, 2023

---

| | | |
|:---|:---|:---|
|  | Shares | &nbsp;&nbsp;Value |
| **Common Stocks - 91.9%** |  |  |
| &nbsp;&nbsp;&nbsp;**Communication Services - 2.7%** |  |  |
| &nbsp;&nbsp;&nbsp;Cable One, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9674 | &nbsp;&nbsp;&nbsp;&nbsp;$7641299 |
| &nbsp;&nbsp;&nbsp;Liberty Latin America, Ltd., Class C<sup>\*</sup> | &nbsp;&nbsp;&nbsp;564577 | &nbsp;&nbsp;&nbsp;&nbsp;5561084 |
| &nbsp;&nbsp;&nbsp;Yelp, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;356647 | &nbsp;&nbsp;&nbsp;&nbsp;11237947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Communication Services |  | &nbsp;&nbsp;24440330 |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary - 5.9%** |  |  |
| &nbsp;&nbsp;&nbsp;Asbury Automotive Group, Inc.<sup>\*,1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;57497 | &nbsp;&nbsp;&nbsp;12649340 |
| &nbsp;&nbsp;&nbsp;Latham Group, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;725640 | &nbsp;&nbsp;&nbsp;&nbsp;3192816 |
| &nbsp;&nbsp;&nbsp;Leslie's, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;968256 | &nbsp;&nbsp;&nbsp;14998285 |
| &nbsp;&nbsp;&nbsp;Murphy USA, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;65416 | &nbsp;&nbsp;&nbsp;&nbsp;17795114 |
| &nbsp;&nbsp;&nbsp;Sleep Number Corp.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;142299 | &nbsp;&nbsp;&nbsp;&nbsp;4892240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Consumer Discretionary |  | &nbsp;&nbsp;&nbsp;53527795 |
| &nbsp;&nbsp;&nbsp;**Consumer Staples - 5.8%** |  |  |
| &nbsp;&nbsp;&nbsp;BJ's Wholesale Club Holdings, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;439784 | &nbsp;&nbsp;&nbsp;&nbsp;31871147 |
| &nbsp;&nbsp;&nbsp;Hostess Brands, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;148372 | &nbsp;&nbsp;&nbsp;&nbsp;3431844 |
| &nbsp;&nbsp;&nbsp;Ingles Markets, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;181756 | &nbsp;&nbsp;&nbsp;&nbsp;17266820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Consumer Staples |  | &nbsp;&nbsp;&nbsp;52569811 |
| &nbsp;&nbsp;&nbsp;**Energy - 4.4%** |  |  |
| &nbsp;&nbsp;&nbsp;Evolution Petroleum Corp. | &nbsp;&nbsp;&nbsp;&nbsp;674133 | &nbsp;&nbsp;&nbsp;&nbsp;4206590 |
| &nbsp;&nbsp;&nbsp;Permian Resources Corp. | &nbsp;&nbsp;1585148 | &nbsp;&nbsp;&nbsp;&nbsp;17230559 |
| &nbsp;&nbsp;&nbsp;SM Energy Co. | &nbsp;&nbsp;&nbsp;408048 | &nbsp;&nbsp;&nbsp;&nbsp;13412538 |
| &nbsp;&nbsp;&nbsp;World Fuel Services Corp. | &nbsp;&nbsp;&nbsp;&nbsp;202515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5731174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Energy |  | &nbsp;&nbsp;&nbsp;40580861 |
| &nbsp;&nbsp;&nbsp;**Financials - 14.9%** |  |  |
| &nbsp;&nbsp;&nbsp;American Equity Investment Life Holding Co. | &nbsp;&nbsp;&nbsp;267659 | &nbsp;&nbsp;&nbsp;&nbsp;12753951 |
| &nbsp;&nbsp;&nbsp;Axis Capital Holdings, Ltd. (Bermuda) | &nbsp;&nbsp;&nbsp;&nbsp;342914 | &nbsp;&nbsp;&nbsp;&nbsp;21456129 |
| &nbsp;&nbsp;&nbsp;Cannae Holdings, Inc.<sup>\*</sup> | &nbsp;&nbsp;1055390 | &nbsp;&nbsp;&nbsp;&nbsp;25793732 |
| &nbsp;&nbsp;&nbsp;Genworth Financial, Inc., Class A<sup>\*</sup> | 3559593 | &nbsp;&nbsp;&nbsp;19648953 |
| &nbsp;&nbsp;&nbsp;NMI Holdings, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;391829 | &nbsp;&nbsp;&nbsp;&nbsp;9102188 |
| &nbsp;&nbsp;&nbsp;Radian Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;433154 | &nbsp;&nbsp;&nbsp;&nbsp;9572703 |
| &nbsp;&nbsp;&nbsp;White Mountains Insurance Group, Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;24751 | &nbsp;&nbsp;&nbsp;&nbsp;37818538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Financials |  | &nbsp;&nbsp;&nbsp;136146194 |
| &nbsp;&nbsp;&nbsp;**Health Care - 6.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Computer Programs and Systems, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;469623 | &nbsp;&nbsp;&nbsp;&nbsp;13797524 |
| &nbsp;&nbsp;&nbsp;ICU Medical, Inc.<sup>\*,1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23711 | &nbsp;&nbsp;&nbsp;&nbsp;4581677 |
| &nbsp;&nbsp;&nbsp;Patterson Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;416476 | &nbsp;&nbsp;&nbsp;&nbsp;12573410 |
| &nbsp;&nbsp;&nbsp;Pediatrix Medical Group, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;435747 | &nbsp;&nbsp;&nbsp;&nbsp;6688716 |
| &nbsp;&nbsp;&nbsp;Premier, Inc., Class A | &nbsp;&nbsp;&nbsp;730334 | &nbsp;&nbsp;&nbsp;24363942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Health Care |  | &nbsp;&nbsp;62005269 |
| &nbsp;&nbsp;&nbsp;**Industrials - 33.3%** |  |  |
| &nbsp;&nbsp;&nbsp;Air Transport Services Group, Inc.<sup>\*</sup> | &nbsp;&nbsp;1304633 | &nbsp;&nbsp;&nbsp;36934160 |
| &nbsp;&nbsp;&nbsp;Alight, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;1735316 | &nbsp;&nbsp;&nbsp;&nbsp;16294617 |

---

---

| | | |
|:---|:---|:---|
|  | Shares | &nbsp;&nbsp;Value |
| &nbsp;&nbsp;&nbsp;Argan, Inc.<sup>1</sup> | &nbsp;&nbsp;&nbsp;321179 | &nbsp;&nbsp;&nbsp;&nbsp;$12522769 |
| &nbsp;&nbsp;&nbsp;Armstrong World Industries, Inc. | &nbsp;&nbsp;&nbsp;236101 | &nbsp;&nbsp;&nbsp;&nbsp;18276578 |
| &nbsp;&nbsp;&nbsp;Atkore, Inc.<sup>\*,1</sup> | &nbsp;&nbsp;&nbsp;197703 | &nbsp;&nbsp;&nbsp;&nbsp;25750816 |
| &nbsp;&nbsp;&nbsp;Barrett Business Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;44274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4399950 |
| &nbsp;&nbsp;&nbsp;Comfort Systems USA, Inc. | &nbsp;&nbsp;&nbsp;99034 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11987075 |
| &nbsp;&nbsp;&nbsp;CoreCivic, Inc.<sup>\*</sup> | 1709159 | &nbsp;&nbsp;&nbsp;&nbsp;18185452 |
| &nbsp;&nbsp;&nbsp;Esab Corp. | &nbsp;&nbsp;&nbsp;136752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7905633 |
| &nbsp;&nbsp;&nbsp;GMS, Inc.<sup>\*</sup> | &nbsp;&nbsp;246028 | &nbsp;&nbsp;&nbsp;&nbsp;14594381 |
| &nbsp;&nbsp;&nbsp;Kelly Services, Inc., Class A<sup>1</sup> | &nbsp;&nbsp;550080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9956448 |
| &nbsp;&nbsp;&nbsp;McGrath RentCorp | &nbsp;&nbsp;281463 | &nbsp;&nbsp;&nbsp;&nbsp;28016827 |
| &nbsp;&nbsp;&nbsp;MSC Industrial Direct Co., Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;110718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9156379 |
| &nbsp;&nbsp;&nbsp;Park Aerospace Corp. | &nbsp;&nbsp;&nbsp;711075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9891053 |
| &nbsp;&nbsp;&nbsp;SP Plus Corp.<sup>\*</sup> | &nbsp;&nbsp;633987 | &nbsp;&nbsp;&nbsp;&nbsp;23907650 |
| &nbsp;&nbsp;&nbsp;UniFirst Corp. | &nbsp;&nbsp;&nbsp;145740 | &nbsp;&nbsp;&nbsp;&nbsp;28920646 |
| &nbsp;&nbsp;&nbsp;Univar Solutions, Inc.<sup>\*</sup> | &nbsp;&nbsp;459381 | &nbsp;&nbsp;&nbsp;&nbsp;15839457 |
| &nbsp;&nbsp;&nbsp;Viad Corp.<sup>\*</sup> | &nbsp;&nbsp;390003 | &nbsp;&nbsp;&nbsp;&nbsp;11524589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Industrials |  | &nbsp;&nbsp;304064480 |
| &nbsp;&nbsp;&nbsp;**Information Technology - 11.6%** |  |  |
| &nbsp;&nbsp;&nbsp;ACI Worldwide, Inc.<sup>\*</sup> | &nbsp;&nbsp;635833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17758816 |
| &nbsp;&nbsp;&nbsp;DXC Technology Co.<sup>\*</sup> | &nbsp;&nbsp;334947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9623027 |
| &nbsp;&nbsp;&nbsp;ePlus, Inc.<sup>\*</sup> | &nbsp;&nbsp;356739 | &nbsp;&nbsp;&nbsp;&nbsp;17758467 |
| &nbsp;&nbsp;&nbsp;EVERTEC, Inc. (Puerto Rico) | &nbsp;&nbsp;453091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16737182 |
| &nbsp;&nbsp;&nbsp;Ituran Location and Control, Ltd. (Israel) | &nbsp;&nbsp;334764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7348070 |
| &nbsp;&nbsp;&nbsp;NCR Corp.<sup>\*</sup> | &nbsp;&nbsp;582306 | &nbsp;&nbsp;&nbsp;&nbsp;15966830 |
| &nbsp;&nbsp;&nbsp;Verra Mobility Corp.<sup>\*,1</sup> | &nbsp;&nbsp;268037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4135811 |
| &nbsp;&nbsp;&nbsp;Vontier Corp. | &nbsp;&nbsp;&nbsp;697231 | &nbsp;&nbsp;&nbsp;&nbsp;16057230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Information Technology |  | &nbsp;&nbsp;&nbsp;105385433 |
| &nbsp;&nbsp;&nbsp;**Materials - 4.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Axalta Coating Systems, Ltd.<sup>\*</sup> | &nbsp;&nbsp;449208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13521161 |
| &nbsp;&nbsp;&nbsp;Summit Materials, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;433494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14244613 |
| &nbsp;&nbsp;&nbsp;TriMas Corp. | &nbsp;&nbsp;451980 | &nbsp;&nbsp;&nbsp;&nbsp;13916464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Materials |  | &nbsp;&nbsp;&nbsp;&nbsp;41682238 |
| &nbsp;&nbsp;&nbsp;**Real Estate - 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;Newmark Group, Inc., Class A | &nbsp;&nbsp;420001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3599409 |
| &nbsp;&nbsp;&nbsp;**Utilities - 1.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Southwest Gas Holdings, Inc. | &nbsp;&nbsp;207926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13916487 |
| **Total Common Stocks<br> (Cost $648,101,575)** |  | &nbsp;&nbsp;&nbsp;&nbsp;837918307 |

---

------

AMG River Road Small Cap Value Fund

Schedule of Portfolio Investments *(continued)*

---

| | | |
|:---|:---|:---|
|  | Shares | &nbsp;&nbsp;Value |
| **Short-Term Investments - 7.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**Other Investment Companies - 7.3%** |  |  |
| &nbsp;&nbsp;&nbsp;Dreyfus Government Cash Management Fund, Institutional Shares, 4.23%<sup>2</sup> | &nbsp;&nbsp;26777634 | &nbsp;&nbsp;$26777634 |
| &nbsp;&nbsp;&nbsp;Dreyfus Institutional Preferred Government Money Market Fund, Institutional Shares, 4.30%<sup>2</sup> | 40166450 | &nbsp;&nbsp;&nbsp;40166450 |
| **Total Short-Term Investments<br> (Cost $66,944,084)** |  | &nbsp;&nbsp;&nbsp;66944084 |

---

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;Value |
| **Total Investments - 99.2%<br> (Cost $715,045,659)** | &nbsp;&nbsp;&nbsp; $904862391 |
| **Other Assets, less Liabilities - 0.8%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6843537 |
| **Net Assets - 100.0%** | &nbsp;&nbsp;**$911705928** |

---

------

<sup>\*</sup> Non-income producing security.

<sup>1</sup> Some of these securities, amounting to $18,859,420 or 2.1% of net assets, were out on loan to various borrowers and are collateralized by various U.S. Treasury Obligations. See below for more information.

<sup>2</sup> Yield shown represents the January 31, 2023, seven day average yield, which refers to the sum of the previous seven days' dividends paid, expressed as an annual percentage.

The following table summarizes the inputs used to value the Fund's investments by the fair value hierarchy levels as of January 31, 2023:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;**Investments in Securities** | &nbsp;&nbsp;**Investments in Securities** | &nbsp;&nbsp;**Investments in Securities** | &nbsp;&nbsp;**Investments in Securities** | &nbsp;&nbsp;**Investments in Securities** |
| &nbsp;&nbsp;&nbsp;**Common Stocks<sup>†</sup>** | &nbsp;&nbsp;&nbsp; $837918307 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $837918307 |
| &nbsp;&nbsp;&nbsp;**Short-Term Investments** | &nbsp;&nbsp;&nbsp;**Short-Term Investments** | &nbsp;&nbsp;&nbsp;**Short-Term Investments** | &nbsp;&nbsp;&nbsp;**Short-Term Investments** | &nbsp;&nbsp;&nbsp;**Short-Term Investments** |
| &nbsp;&nbsp;&nbsp;&nbsp;Other Investment Companies | &nbsp;&nbsp;&nbsp;&nbsp; 66944084 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 66944084 |
| &nbsp;&nbsp;**Total Investments in Securities** | &nbsp;&nbsp;$904862391 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;$904862391 |

---

<br> <sup>†</sup> All common stocks held in the Fund are Level 1 securities. For a detailed breakout of common stocks by major industry classification, please refer to the Fund's Schedule of Portfolio Investments.

For the period ended January 31, 2023, there were no transfers in or out of Level 3.

The Fund participates in the securities lending program offered by The Bank of New York Mellon providing for the lending of securities to qualified brokers. The value of securities loaned on positions held, cash collateral and securities collateral received at January 31, 2023, were as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Securities<br> Loaned** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Cash<br> Collateral<br> Received** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Securities<br> Collateral<br> Received** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total<br> Collateral<br> Received** |
| $18859420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $18854873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $18854873 |

---

The following table summarizes the securities received as collateral for securities lending at January 31, 2023:

---

| | | |
|:---|:---|:---|
| **Collateral<br> Type** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Coupon<br> Range** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Maturity<br> Date Range** |
| U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.125%-4.750% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04/15/23-11/15/51 |

---

For additional information about significant accounting policies, including valuation of investments, refer to the Fund's most recent semi or annual report.

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** AMG Funds IV

- **b. Investment Company Act file number:** 811-08004

- **c. CIK number of Registrant:** 0000912036

- **d. LEI of Registrant:** 549300GH0NIEG9OLBH26

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 680 Washington Blvd.

  - **City:** Stamford

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 06901

  - **Telephone number:** 800-548-4539

**Item A.2. Information about the Series.**

- **a. Name of Series:** AMG River Road Small Cap Value Fund

- **b. EDGAR series identifier (if any):** S000001130

- **c. LEI of Series:** 549300XLSCDDEPU1LN38

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $910460993.95

**Total Liabilities:** $891257.75

**Net Assets:** $909569736.20

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000040086 | 1.97%                | -4.08%               | 8.92%                |
| Class ID C000194568 | 2.03%                | -4.08%               | 8.82%                |
| Class ID C000003038 | 2.03%                | -4.16%               | 8.87%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $7909871.81              | $9172119.33                                |
| Month 2  | $4055030.09              | $-39905320.72                              |
| Month 3  | $5850483.80              | $68115578.17                               |

### Schedule of Portfolio Investments

| Name                                                         | Title                                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ACI Worldwide Inc                                            | ACI Worldwide Inc                                            | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |    635833 | NS      | $17758815.69  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Industrial Direct Co Inc                                 | MSC Industrial Direct Co Inc                                 | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |    110718 | NS      | $9156378.60   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NMI Holdings Inc                                             | NMI Holdings Inc                                             | CUSIP: 629209305<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | EC               | CORP              | US        |    391829 | NS      | $9102187.67   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingles Markets Inc                                           | Ingles Markets Inc                                           | CUSIP: 457030104<br>LEI: 549300XH5RYBMYP8TF26 | Long             | EC               | CORP              | US        |    181756 | NS      | $17266820.00  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Premier Inc                                                  | Premier Inc                                                  | CUSIP: 74051N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    730334 | NS      | $24363942.24  | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Transport Services Group I                               | Air Transport Services Group Inc                             | CUSIP: 00922R105<br>LEI: 5493000F3MSFGIXTQE27 | Long             | EC               | CORP              | US        |   1304633 | NS      | $36934160.23  | 4.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Genworth Financial Inc                                       | Genworth Financial Inc                                       | CUSIP: 37247D106<br>LEI: 549300EMCG286BDNKJ33 | Long             | EC               | CORP              | US        |   3559593 | NS      | $19648953.36  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| GMS Inc                                                      | GMS Inc                                                      | CUSIP: 36251C103<br>LEI: 52990057RENOQO4U0D72 | Long             | EC               | CORP              | US        |    246028 | NS      | $14594380.96  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Atkore Inc                                                   | Atkore Inc                                                   | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |    197703 | NS      | $25750815.75  | 2.83%             |  |  |  | No            |                  1 | On Loan: —       |
| ePlus Inc                                                    | ePlus Inc                                                    | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |    356739 | NS      | $17758467.42  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Axalta Coating Systems Ltd                                   | Axalta Coating Systems Ltd                                   | CUSIP: 000000000<br>LEI: 529900AGLPA40GV6H619 | Long             | EC               | CORP              | US        |    449208 | NS      | $13521160.80  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Co                                            | DXC Technology Co                                            | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |    334947 | NS      | $9623027.31   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Computer Programs and Systems                                | Computer Programs and Systems Inc                            | CUSIP: 205306103<br>LEI: 5493005Q6CJC78TGL805 | Long             | EC               | CORP              | US        |    469623 | NS      | $13797523.74  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Latin America Ltd                                    | Liberty Latin America Ltd                                    | CUSIP: 000000000<br>LEI: 213800YWQHEAX7CAVO83 | Long             | EC               | CORP              | US        |    564577 | NS      | $5561083.45   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| White Mountains Insurance Grou                               | White Mountains Insurance Group Ltd                          | CUSIP: 000000000<br>LEI: 549300N3FL068JERBG02 | Long             | EC               | CORP              | US        |     24751 | NS      | $37818537.96  | 4.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Radian Group Inc                                             | Radian Group Inc                                             | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |    433154 | NS      | $9572703.40   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MURPHY USA INC                                               | MURPHY USA INC                                               | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |     65416 | NS      | $17795114.48  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Cannae Holdings Inc                                          | Cannae Holdings Inc                                          | CUSIP: 13765N107<br>LEI: 549300OGRF1ICI7D2V77 | Long             | EC               | CORP              | US        |   1055390 | NS      | $25793731.60  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corp                                          | Verra Mobility Corp                                          | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |    268037 | NS      | $4135810.91   | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| Armstrong World Industries Inc                               | Armstrong World Industries Inc                               | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |    236101 | NS      | $18276578.41  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp                                       | Permian Resources Corp                                       | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |   1585148 | NS      | $17230558.76  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrett Business Services Inc                                | Barrett Business Services Inc                                | CUSIP: 068463108<br>LEI: 529900HXB6TMG0SR9Y34 | Long             | EC               | CORP              | US        |     44274 | NS      | $4399950.12   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Univar Solutions Inc                                         | Univar Solutions Inc                                         | CUSIP: 91336L107<br>LEI: 549300VSXHFQVR770L55 | Long             | EC               | CORP              | US        |    459381 | NS      | $15839456.88  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Latham Group Inc                                             | Latham Group Inc                                             | CUSIP: 51819L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    812200 | NS      | $3573680.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Patterson Cos Inc                                            | Patterson Cos Inc                                            | CUSIP: 703395103<br>LEI: YM48Q2087CUE26GWEK09 | Long             | EC               | CORP              | US        |    416476 | NS      | $12573410.44  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Yelp Inc                                                     | Yelp Inc                                                     | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Long             | EC               | CORP              | US        |    356647 | NS      | $11237946.97  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmark Group Inc                                            | Newmark Group Inc                                            | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    420001 | NS      | $3599408.57   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Hostess Brands Inc                                           | Hostess Brands Inc                                           | CUSIP: 44109J106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    148372 | NS      | $3431844.36   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Asbury Automotive Group Inc                                  | Asbury Automotive Group Inc                                  | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |     70740 | NS      | $15562800.00  | 1.71%             |  |  |  | No            |                  1 | On Loan: —       |
| Alight Inc                                                   | Alight Inc                                                   | CUSIP: 01626W101<br>LEI: 549300600ESCO1HTVN74 | Long             | EC               | CORP              | US        |   1735316 | NS      | $16294617.24  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| CoreCivic Inc                                                | CoreCivic Inc                                                | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |   1709159 | NS      | $18185451.76  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings Inc                                   | Southwest Gas Holdings Inc                                   | CUSIP: 844895102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    207926 | NS      | $13916487.18  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Leslie's Inc                                                 | Leslie's Inc                                                 | CUSIP: 527064109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    968256 | NS      | $14998285.44  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| American Equity Investment Lif                               | American Equity Investment Life Holding Co                   | CUSIP: 025676206<br>LEI: 549300RK5RZQ740FPL83 | Long             | EC               | CORP              | US        |    267659 | NS      | $12753951.35  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Argan Inc                                                    | Argan Inc                                                    | CUSIP: 04010E109<br>LEI: 529900E4KZWBV9KGBS83 | Long             | EC               | CORP              | US        |    321179 | NS      | $12522769.21  | 1.38%             |  |  |  | No            |                  1 | On Loan: —       |
| Kelly Services Inc                                           | Kelly Services Inc                                           | CUSIP: 488152208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    550080 | NS      | $9956448.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Sleep Number Corp                                            | Sleep Number Corp                                            | CUSIP: 83125X103<br>LEI: 529900W0TZQLBT2DSS66 | Long             | EC               | CORP              | US        |    142299 | NS      | $4892239.62   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Viad Corp                                                    | Viad Corp                                                    | CUSIP: 92552R406<br>LEI: 549300PXU4ZW7LPO5Y40 | Long             | EC               | CORP              | US        |    390003 | NS      | $11524588.65  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Government Cash Management                           | Dreyfus Government Cash Management                           | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |  26777633 | NS      | $26777633.38  | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Summit Materials Inc                                         | Summit Materials Inc                                         | CUSIP: 86614U100<br>LEI: 549300XNOLX5GIOSO108 | Long             | EC               | CORP              | US        |    433494 | NS      | $14244612.84  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| World Fuel Services Corp                                     | World Fuel Services Corp                                     | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |    202515 | NS      | $5731174.50   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co                                                 | SM Energy Co                                                 | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |    331839 | NS      | $10907547.93  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Wholesale Club Holdings I                               | BJ's Wholesale Club Holdings Inc                             | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |    439784 | NS      | $31871146.48  | 3.50%             |  |  |  | No            |                  1 | On Loan: No      |
| ICU Medical Inc                                              | ICU Medical Inc                                              | CUSIP: 44930G107<br>LEI: 5493003NRW7LS2QZRH60 | Long             | EC               | CORP              | US        |     23711 | NS      | $4581676.53   | 0.50%             |  |  |  | No            |                  1 | On Loan: —       |
| McGrath RentCorp                                             | McGrath RentCorp                                             | CUSIP: 580589109<br>LEI: 254900EUH6IPWFQ83445 | Long             | EC               | CORP              | US        |    281463 | NS      | $28016827.02  | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERTEC Inc                                                  | EVERTEC Inc                                                  | CUSIP: 30040P103<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |    453091 | NS      | $16737181.54  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Aerospace Corp                                          | Park Aerospace Corp                                          | CUSIP: 70014A104<br>LEI: 5299004AG0G7IB636095 | Long             | EC               | CORP              | US        |    711075 | NS      | $9891053.25   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cable One Inc                                                | Cable One Inc                                                | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |      9674 | NS      | $7641299.12   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolution Petroleum Corp                                     | Evolution Petroleum Corp                                     | CUSIP: 30049A107<br>LEI: 549300P9ZXGJZ6SSM116 | Long             | EC               | CORP              | US        |    674133 | NS      | $4206589.92   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| BOFA SECURITIES, INC.                                        | BOFA SECURITIES INC                                          | CUSIP: 000000000<br>LEI: 549300HN4UKV1E2R3U73 | Long             | RA               | CORP              | US        |         3 | PA      | $3.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TriMas Corp                                                  | TriMas Corp                                                  | CUSIP: 896215209<br>LEI: 75G1WUQ8QK4P5MZOYD78 | Long             | EC               | CORP              | US        |    451980 | NS      | $13916464.20  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corp                                                 | Vontier Corp                                                 | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |    697231 | NS      | $16057229.93  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc                                      | Comfort Systems USA Inc                                      | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |     99034 | NS      | $11987075.36  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| UniFirst Corp/MA                                             | UniFirst Corp/MA                                             | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |    145740 | NS      | $28920645.60  | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd                                    | Axis Capital Holdings Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |    342914 | NS      | $21456128.98  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Corp                                                     | NCR Corp                                                     | CUSIP: 62886E108<br>LEI: 549300YKTY8JX1DV2R67 | Long             | EC               | CORP              | US        |    582306 | NS      | $15966830.52  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Pediatrix Medical Group Inc                                  | Pediatrix Medical Group Inc                                  | CUSIP: 58502B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    435747 | NS      | $6688716.45   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| SP Plus Corp                                                 | SP Plus Corp                                                 | CUSIP: 78469C103<br>LEI: 0IDE18EMH1CUKQCUYE69 | Long             | EC               | CORP              | US        |    633987 | NS      | $23907649.77  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Esab Corp                                                    | Esab Corp                                                    | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |    136752 | NS      | $7905633.12   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Ituran Location and Control Lt                               | Ituran Location and Control Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |    334764 | NS      | $7348069.80   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Institutional Preferred Government Money Market Fund | Dreyfus Institutional Preferred Government Money Market Fund | CUSIP: 26200X100<br>LEI: 549300RBWL04JG8SIX57 | Long             | STIV             | RF                | US        |  40166450 | NS      | $40166450.06  | 4.42%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-22

**Name of Applicant:** AMG Funds IV

**Signature:** Thomas Disbrow

**Name of Signer:** Thomas Disbrow

**Title:** Principal Financial Officer