# EDGAR Filing Document

**Accession Number:** 0000912036
**File Stem:** 0001752724-23-067808
**Filing Date:** 2023-3
**Character Count:** 36066
**Document Hash:** 741baf50966ade75a4d7368a2ae406ec
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-067808.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001752724-23-067808

**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:** 23763966

**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 Mid Cap Value Fund (Series ID: S000001125)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000003029 | CLASS N SHARES | CHTTX           |
| C000003030 | CLASS I SHARES | ABMIX           |
| C000194566 | Class Z Shares | ABIZX           |

## Nport-Ex

AMG River Road Mid Cap Value Fund

Schedule of Portfolio Investments *(unaudited)*

January 31, 2023

---

| | | |
|:---|:---|:---|
|  | Shares | &nbsp;&nbsp;Value |
| **Common Stocks - 96.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**Communication Services - 5.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Cable One, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;6667 | &nbsp;&nbsp;&nbsp;$5266130 |
| &nbsp;&nbsp;&nbsp;Liberty Media Corp.-Liberty SiriusXM, Class C<sup>\*</sup> | &nbsp;&nbsp;171445 | &nbsp;&nbsp;&nbsp;&nbsp;6909233 |
| &nbsp;&nbsp;&nbsp;Madison Square Garden Sports Corp. | &nbsp;&nbsp;&nbsp;37146 | &nbsp;&nbsp;&nbsp;&nbsp;6754629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Communication Services |  | &nbsp;&nbsp;&nbsp;18929992 |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary - 17.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Advance Auto Parts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;25717 | &nbsp;&nbsp;&nbsp;&nbsp;3916185 |
| &nbsp;&nbsp;&nbsp;Bath & Body Works, Inc. | &nbsp;&nbsp;&nbsp;116201 | &nbsp;&nbsp;&nbsp;&nbsp;5346408 |
| &nbsp;&nbsp;&nbsp;Dollar Tree, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;32412 | &nbsp;&nbsp;&nbsp;&nbsp;4867634 |
| &nbsp;&nbsp;&nbsp;Expedia Group, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;47624 | &nbsp;&nbsp;&nbsp;&nbsp;5443423 |
| &nbsp;&nbsp;&nbsp;Lithia Motors, Inc., Class A<sup>1</sup> | &nbsp;&nbsp;40004 | &nbsp;&nbsp;&nbsp;10529053 |
| &nbsp;&nbsp;&nbsp;LKQ Corp. | 226688 | &nbsp;&nbsp;&nbsp;13365524 |
| &nbsp;&nbsp;&nbsp;MGM Resorts International | &nbsp;&nbsp;180017 | &nbsp;&nbsp;&nbsp;&nbsp;7454504 |
| &nbsp;&nbsp;&nbsp;NVR, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;952 | &nbsp;&nbsp;&nbsp;&nbsp;5017040 |
| &nbsp;&nbsp;&nbsp;Petco Health & Wellness Co., Inc.<sup>\*</sup> | 255262 | &nbsp;&nbsp;&nbsp;&nbsp;2984013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Consumer Discretionary |  | &nbsp;&nbsp;58923784 |
| &nbsp;&nbsp;&nbsp;**Consumer Staples - 6.1%** |  |  |
| &nbsp;&nbsp;&nbsp;BJ's Wholesale Club Holdings, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;141261 | &nbsp;&nbsp;&nbsp;&nbsp;10237185 |
| &nbsp;&nbsp;&nbsp;The Kroger Co. | 233355 | &nbsp;&nbsp;&nbsp;&nbsp;10414633 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Consumer Staples |  | &nbsp;&nbsp;&nbsp;20651818 |
| &nbsp;&nbsp;&nbsp;**Energy - 5.4%** |  |  |
| &nbsp;&nbsp;&nbsp;Chesapeake Energy Corp.<sup>1</sup> | &nbsp;&nbsp;&nbsp;44807 | &nbsp;&nbsp;&nbsp;&nbsp;3885663 |
| &nbsp;&nbsp;&nbsp;Devon Energy Corp. | &nbsp;&nbsp;&nbsp;49528 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3132151 |
| &nbsp;&nbsp;&nbsp;Texas Pacific Land Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1401 | &nbsp;&nbsp;&nbsp;&nbsp;2796186 |
| &nbsp;&nbsp;&nbsp;Valaris, Ltd. (Bermuda)<sup>\*</sup> | &nbsp;&nbsp;&nbsp;70362 | &nbsp;&nbsp;&nbsp;&nbsp;5111096 |
| &nbsp;&nbsp;&nbsp;Weatherford International PLC<sup>\*</sup> | &nbsp;&nbsp;&nbsp;53338 | &nbsp;&nbsp;&nbsp;&nbsp;3033865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Energy |  | &nbsp;&nbsp;&nbsp;17958961 |
| &nbsp;&nbsp;&nbsp;**Financials - 18.3%** |  |  |
| &nbsp;&nbsp;&nbsp;Apollo Global Management, Inc. | &nbsp;&nbsp;108582 | &nbsp;&nbsp;&nbsp;&nbsp;7685434 |
| &nbsp;&nbsp;&nbsp;Ares Management Corp., Class A | &nbsp;&nbsp;128584 | &nbsp;&nbsp;&nbsp;&nbsp;10671186 |
| &nbsp;&nbsp;&nbsp;Brookfield Asset Management, Ltd. (Canada)<sup>\*</sup> | &nbsp;&nbsp;153287 | &nbsp;&nbsp;&nbsp;&nbsp;5004821 |
| &nbsp;&nbsp;&nbsp;Cannae Holdings, Inc.<sup>\*</sup> | &nbsp;&nbsp;213353 | &nbsp;&nbsp;&nbsp;&nbsp;5214347 |
| &nbsp;&nbsp;&nbsp;Fairfax Financial Holdings, Ltd. (Canada) | &nbsp;&nbsp;&nbsp;19049 | &nbsp;&nbsp;&nbsp;&nbsp;12681681 |
| &nbsp;&nbsp;&nbsp;Hagerty, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;169540 | &nbsp;&nbsp;&nbsp;&nbsp;1629279 |
| &nbsp;&nbsp;&nbsp;KKR & Co., Inc. | &nbsp;&nbsp;219068 | &nbsp;&nbsp;&nbsp;&nbsp;12226185 |
| &nbsp;&nbsp;&nbsp;Willis Towers Watson PLC (United Kingdom) | &nbsp;&nbsp;&nbsp;24777 | &nbsp;&nbsp;&nbsp;&nbsp;6298066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Financials |  | &nbsp;&nbsp;&nbsp;61410999 |
| &nbsp;&nbsp;&nbsp;**Health Care - 3.9%** |  |  |
| &nbsp;&nbsp;&nbsp;Baxter International, Inc. | &nbsp;&nbsp;131780 | &nbsp;&nbsp;&nbsp;&nbsp;6021028 |
| &nbsp;&nbsp;&nbsp;Centene Corp.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;93342 | &nbsp;&nbsp;&nbsp;&nbsp;7116394 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Health Care |  | &nbsp;&nbsp;&nbsp;&nbsp;13137422 |

---

---

| | | |
|:---|:---|:---|
|  | Shares | &nbsp;&nbsp;Value |
| &nbsp;&nbsp;&nbsp;**Industrials - 27.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Air Transport Services Group, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;202876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5743420 |
| &nbsp;&nbsp;&nbsp;API Group Corp.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;418135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9299323 |
| &nbsp;&nbsp;&nbsp;Armstrong World Industries, Inc. | &nbsp;&nbsp;&nbsp;104772 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8110400 |
| &nbsp;&nbsp;&nbsp;Atkore, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;62863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8187906 |
| &nbsp;&nbsp;&nbsp;CACI International, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;14287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4401682 |
| &nbsp;&nbsp;&nbsp;Carlisle Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;51433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12902482 |
| &nbsp;&nbsp;&nbsp;Core & Main, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;&nbsp;232184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5124301 |
| &nbsp;&nbsp;&nbsp;Expeditors International of Washington, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;47624 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5150536 |
| &nbsp;&nbsp;&nbsp;Ferguson PLC (United Kingdom) | &nbsp;&nbsp;&nbsp;&nbsp;64802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9223917 |
| &nbsp;&nbsp;&nbsp;Owens Corning | &nbsp;&nbsp;&nbsp;&nbsp;69530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6720074 |
| &nbsp;&nbsp;&nbsp;TransUnion | &nbsp;&nbsp;&nbsp;&nbsp;121067 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8686557 |
| &nbsp;&nbsp;&nbsp;UniFirst Corp. | &nbsp;&nbsp;&nbsp;&nbsp;40956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8127309 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Industrials |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91677907 |
| &nbsp;&nbsp;&nbsp;**Information Technology - 6.3%** |  |  |
| &nbsp;&nbsp;&nbsp;SS&C Technologies Holdings, Inc. | &nbsp;&nbsp;&nbsp;147633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8909652 |
| &nbsp;&nbsp;&nbsp;TD SYNNEX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;52386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5351230 |
| &nbsp;&nbsp;&nbsp;WEX, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;38099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7047172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Information Technology |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21308054 |
| &nbsp;&nbsp;&nbsp;**Materials - 3.0%** |  |  |
| &nbsp;&nbsp;&nbsp;AptarGroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;42883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4958990 |
| &nbsp;&nbsp;&nbsp;Royal Gold, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;41053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5214963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Materials |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10173953 |
| &nbsp;&nbsp;&nbsp;**Real Estate - 3.0%** |  |  |
| &nbsp;&nbsp;&nbsp;The St Joe Co. | &nbsp;&nbsp;&nbsp;100962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4755310 |
| &nbsp;&nbsp;&nbsp;The Howard Hughes Corp.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;62863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5374158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Real Estate |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10129468 |
| **Total Common Stocks<br> (Cost $299,544,628)** |  | &nbsp;&nbsp;&nbsp;&nbsp;324302358 |
| **Short-Term Investments - 1.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**Other Investment Companies - 1.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Dreyfus Government Cash Management Fund, Institutional Shares, 4.23%<sup>2</sup> | 1982834 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1982834 |
| &nbsp;&nbsp;&nbsp;Dreyfus Institutional Preferred Government Money Market Fund, Institutional Shares, 4.30%<sup>2</sup> | 2973981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2973981 |
| **Total Short-Term Investments<br> (Cost $4,956,815)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4956815 |
| **Total Investments - 97.8%<br> (Cost $304,501,443)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 329259173 |
| **Other Assets, less Liabilities - 2.2%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7388499 |
| **Net Assets - 100.0%** |  | &nbsp;&nbsp;**$336647672** |

---

------

AMG River Road Mid Cap Value Fund

Schedule of Portfolio Investments *(continued)*

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

<sup>1</sup> Some of these securities, amounting to $4,063,628 or 1.2% 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; $324302358 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $324302358 |
| &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;&nbsp;&nbsp;&nbsp; 4956815 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4956815 |
| &nbsp;&nbsp;**Total Investments in Securities** | &nbsp;&nbsp;&nbsp;$329259173 | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;$329259173 |

---

<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** |
| $4063628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $4024498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $4024498 |

---

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;0.000%-7.500% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;02/28/23-05/15/52 |

---

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 Mid Cap Value Fund

- **b. EDGAR series identifier (if any):** S000001125

- **c. LEI of Series:** 549300GHNN6YEXTT7T28

**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:** $342284926.10

**Total Liabilities:** $5328847.82

**Net Assets:** $336956078.28

**Cash Not Reported:** $4997064.23

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000003029 | 7.33%                | -4.88%               | 10.26%               |
| Class ID C000003030 | 7.35%                | -4.92%               | 10.36%               |
| Class ID C000194566 | 7.34%                | -4.90%               | 10.32%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1430438.16              | $20708996.76                               |
| Month 2  | $-2916600.21             | $-13144233.04                              |
| Month 3  | $1772817.10              | $29809865.59                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Petco Health & Wellness Co Inc                               | Petco Health & Wellness Co Inc                               | CUSIP: 71601V105<br>LEI: 2549007TYGV6RVSE9M61 | Long             | EC               | CORP              | US        |    255262 | NS      | $2984012.78   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Energy Corp                                       | Chesapeake Energy Corp                                       | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     44807 | NS      | $3885663.04   | 1.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Armstrong World Industries Inc                               | Armstrong World Industries Inc                               | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |    104772 | NS      | $8110400.52   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Asset Management Lt                               | Brookfield Asset Management Ltd                              | CUSIP: 113004105<br>LEI: 549300CZ84WPNJZKY093 | Long             | EC               | CORP              | CA        |    153287 | NS      | $5004820.55   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                                            | Expedia Group Inc                                            | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47624 | NS      | $5443423.20   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Cable One Inc                                                | Cable One Inc                                                | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |      6667 | NS      | $5266129.96   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Pacific Land Corp                                      | Texas Pacific Land Corp                                      | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1401 | NS      | $2796185.85   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Hagerty Inc                                                  | Hagerty Inc                                                  | CUSIP: 405166109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    169540 | NS      | $1629279.40   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson PLC                                     | Willis Towers Watson PLC                                     | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | GB        |     24777 | NS      | $6298065.63   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International PLC                                | Weatherford International PLC                                | CUSIP: 000000000<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | US        |     53338 | NS      | $3033865.44   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Wa                               | Expeditors International of Washington Inc                   | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |     47624 | NS      | $5150535.60   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Sports C                               | Madison Square Garden Sports Corp                            | CUSIP: 55825T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37146 | NS      | $6754628.64   | 2.00%             |  |  |  | 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        |   2973981 | NS      | $2973981.31   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Sir                               | Liberty Media Corp-Liberty SiriusXM                          | CUSIP: 531229607<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    171445 | NS      | $6909233.50   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Advance Auto Parts Inc                                       | Advance Auto Parts Inc                                       | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |     25717 | NS      | $3916184.76   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main Inc                                              | Core & Main Inc                                              | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    232184 | NS      | $5124300.88   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc                                 | Apollo Global Management Inc                                 | CUSIP: 03769M106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    108582 | NS      | $7685433.96   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                                              | Dollar Tree Inc                                              | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |     32412 | NS      | $4867634.16   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp                                            | Devon Energy Corp                                            | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     49528 | NS      | $3132150.72   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR Inc                                                      | NVR Inc                                                      | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |       952 | NS      | $5017040.00   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan US Government Money Market Fund                     | JPMorgan US Government Money Market Fund                     | CUSIP: 4812C2270<br>LEI: 549300NQ5E5B7ZV4T516 | Long             | STIV             | RF                | US        |         1 | NS      | $1.34         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                                                | Owens Corning                                                | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |     69530 | NS      | $6720074.50   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Bath & Body Works Inc                                        | Bath & Body Works Inc                                        | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |    116201 | NS      | $5346408.01   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Fairfax Financial Holdings Ltd                               | Fairfax Financial Holdings Ltd                               | CUSIP: 303901102<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | EC               | CORP              | CA        |     19049 | NS      | $12681681.26  | 3.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp                                         | Ares Management Corp                                         | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |    128584 | NS      | $10671186.16  | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| API Group Corp                                               | API Group Corp                                               | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |    418135 | NS      | $9299322.40   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson PLC                                                 | Ferguson PLC                                                 | CUSIP: 000000000<br>LEI: 213800DU1LGY3R2S2X42 | Long             | EC               | CORP              | GB        |     64802 | NS      | $9223916.68   | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Co                                           | SEI Investments Co                                           | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |    124774 | NS      | $7789640.82   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                                                | Kroger Co/The                                                | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |    233355 | NS      | $10414633.65  | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AptarGroup Inc                                               | AptarGroup Inc                                               | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |     42883 | NS      | $4958990.12   | 1.47%             |  |  |  | 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        |    141261 | NS      | $10237184.67  | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| St Joe Co/The                                                | St Joe Co/The                                                | CUSIP: 790148100<br>LEI: 529900XVHOT3BF8PWG49 | Long             | EC               | CORP              | US        |    100962 | NS      | $4755310.20   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithia Motors Inc                                            | Lithia Motors Inc                                            | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |     40004 | NS      | $10529052.80  | 3.12%             |  |  |  | No            |                  1 | On Loan: —       |
| MGM Resorts International                                    | MGM Resorts International                                    | CUSIP: 552953101<br>LEI: 54930066VBP7DZEGGJ87 | Long             | EC               | CORP              | US        |    180017 | NS      | $7454503.97   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Transport Services Group I                               | Air Transport Services Group Inc                             | CUSIP: 00922R105<br>LEI: 5493000F3MSFGIXTQE27 | Long             | EC               | CORP              | US        |    202876 | NS      | $5743419.56   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Atkore Inc                                                   | Atkore Inc                                                   | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |     62863 | NS      | $8187905.75   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                                                 | KKR & Co Inc                                                 | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |    219068 | NS      | $12226185.08  | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Baxter International Inc                                     | Baxter International Inc                                     | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |    131780 | NS      | $6021028.20   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| TransUnion                                                   | TransUnion                                                   | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |    121067 | NS      | $8686557.25   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| WEX Inc                                                      | WEX Inc                                                      | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |     38099 | NS      | $7047172.03   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Valaris Ltd                                                  | Valaris Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     70362 | NS      | $5111095.68   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| BOFA SECURITIES, INC.                                        | BOFA SECURITIES INC                                          | CUSIP: 000000000<br>LEI: 549300HN4UKV1E2R3U73 | Long             | RA               | CORP              | US        |        20 | PA      | $20.00        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Centene Corp                                                 | Centene Corp                                                 | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |     93342 | NS      | $7116394.08   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc                               | SS&C Technologies Holdings Inc                               | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |    147633 | NS      | $8909651.55   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| UniFirst Corp/MA                                             | UniFirst Corp/MA                                             | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |     40956 | NS      | $8127308.64   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp                                                     | LKQ Corp                                                     | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |    226688 | NS      | $13365524.48  | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Cannae Holdings Inc                                          | Cannae Holdings Inc                                          | CUSIP: 13765N107<br>LEI: 549300OGRF1ICI7D2V77 | Long             | EC               | CORP              | US        |    213353 | NS      | $5214347.32   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp                                               | TD SYNNEX Corp                                               | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |     52386 | NS      | $5351229.90   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos Inc                                             | Carlisle Cos Inc                                             | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |     51433 | NS      | $12902482.38  | 3.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Government Cash Management                           | Dreyfus Government Cash Management                           | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |   1982834 | NS      | $1982833.63   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc                                       | CACI International Inc                                       | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |     14287 | NS      | $4401681.83   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold Inc                                               | Royal Gold Inc                                               | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |     41053 | NS      | $5214962.59   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Howard Hughes Corp/The                                       | Howard Hughes Corp/The                                       | CUSIP: 44267D107<br>LEI: 549300BVHY25JZC1KI49 | Long             | EC               | CORP              | US        |     62863 | NS      | $5374157.87   | 1.59%             |  |  |  | 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