# EDGAR Filing Document

**Accession Number:** 0001089951
**File Stem:** 0000940400-26-022939
**Filing Date:** 2026-6
**Character Count:** 39324
**Document Hash:** d1e06547ee354cfc436478484662ea59
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-022939.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0000940400-26-022939

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260601

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMG FUNDS
- **CENTRAL INDEX KEY:** 0001089951

**ORGANIZATION NAME:**
- **EIN:** 061555943
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09521
- **FILM NUMBER:** 261048644

**BUSINESS ADDRESS:**
- **STREET 1:** 680 WASHINGTON BOULEVARD, SUITE 500
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06901
- **BUSINESS PHONE:** 2032993500

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MANAGERS AMG FUNDS
- **DATE OF NAME CHANGE:** 19990706

## Series and Classes Contracts Data

### AMG Yacktman Focused Fund (Series ID: S000037565)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000115978 | Class N      | YAFFX           |
| C000115979 | Class I      | YAFIX           |

## Nport-Ex

AMG Yacktman Focused Fund

Schedule of Portfolio Investments *(unaudited)*

March 31, 2026

---

| | | |
|:---|:---|:---|
|  | Shares | &nbsp;&nbsp;Value |
| **Common Stocks - 67.1%** |  |  |
| &nbsp;&nbsp;&nbsp;**Communication Services - 6.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Alphabet, Inc., Class C | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;$43029000 |
| &nbsp;&nbsp;&nbsp;Fox Corp., Class B | &nbsp;&nbsp;&nbsp;1400000 | &nbsp;&nbsp;&nbsp;&nbsp;74340000 |
| &nbsp;&nbsp;&nbsp;News Corp., Class A | &nbsp;&nbsp;&nbsp;1250000 | &nbsp;&nbsp;&nbsp;&nbsp;31162500 |
| &nbsp;&nbsp;&nbsp;The Walt Disney Co. | &nbsp;&nbsp;&nbsp;&nbsp;240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23131200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Communication Services |  | &nbsp;&nbsp;&nbsp;&nbsp;171662700 |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary - 5.7%** |  |  |
| &nbsp;&nbsp;&nbsp;eBay, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;24575401 |
| &nbsp;&nbsp;&nbsp;Hyundai Home Shopping Network Corp. (South Korea) | &nbsp;&nbsp;&nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;&nbsp;22123627 |
| &nbsp;&nbsp;&nbsp;Hyundai Mobis Co., Ltd. (South Korea) | &nbsp;&nbsp;&nbsp;&nbsp;420000 | &nbsp;&nbsp;&nbsp;108368509 |
| &nbsp;&nbsp;&nbsp;Legacy Housing Corp.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9193500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Consumer Discretionary |  | &nbsp;&nbsp;&nbsp;&nbsp;164261037 |
| &nbsp;&nbsp;&nbsp;**Consumer Staples - 12.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Associated British Foods PLC (United Kingdom) | &nbsp;&nbsp;2500000 | &nbsp;&nbsp;&nbsp;&nbsp;62580880 |
| &nbsp;&nbsp;&nbsp;The Coca-Cola Co. | &nbsp;&nbsp;&nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;28899000 |
| &nbsp;&nbsp;&nbsp;Ingredion, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;300000 | &nbsp;&nbsp;&nbsp;&nbsp;33798000 |
| &nbsp;&nbsp;&nbsp;Kenvue, Inc. | &nbsp;&nbsp;&nbsp;1850000 | &nbsp;&nbsp;&nbsp;&nbsp;31894000 |
| &nbsp;&nbsp;&nbsp;KT&G Corp. (South Korea) | &nbsp;&nbsp;&nbsp;&nbsp;360000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38711784 |
| &nbsp;&nbsp;&nbsp;PepsiCo, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;460000 | &nbsp;&nbsp;&nbsp;&nbsp;71433400 |
| &nbsp;&nbsp;&nbsp;The Procter & Gamble Co. | &nbsp;&nbsp;&nbsp;&nbsp;380000 | &nbsp;&nbsp;&nbsp;&nbsp;54887200 |
| &nbsp;&nbsp;&nbsp;Tyson Foods, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;590000 | &nbsp;&nbsp;&nbsp;&nbsp;37801300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Consumer Staples |  | &nbsp;&nbsp;360005564 |
| &nbsp;&nbsp;&nbsp;**Energy - 20.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Bolloré SE (France) | 41000000 | &nbsp;&nbsp;&nbsp;&nbsp;234438773 |
| &nbsp;&nbsp;&nbsp;Canadian Natural Resources, Ltd. (Canada) | &nbsp;&nbsp;5700000 | &nbsp;&nbsp;&nbsp;&nbsp;277761000 |
| &nbsp;&nbsp;&nbsp;ConocoPhillips | &nbsp;&nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;&nbsp;30360000 |
| &nbsp;&nbsp;&nbsp;Diamondback Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;150000 | &nbsp;&nbsp;&nbsp;&nbsp;29668500 |
| &nbsp;&nbsp;&nbsp;EOG Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;170000 | &nbsp;&nbsp;&nbsp;&nbsp;24576900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Energy |  | &nbsp;&nbsp;&nbsp;596805173 |
| &nbsp;&nbsp;&nbsp;**Financials - 3.5%** |  |  |
| &nbsp;&nbsp;&nbsp;The Charles Schwab Corp. | &nbsp;&nbsp;&nbsp;&nbsp;820000 | &nbsp;&nbsp;&nbsp;&nbsp;77063600 |
| &nbsp;&nbsp;&nbsp;PayPal Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;545000 | &nbsp;&nbsp;&nbsp;&nbsp;24650350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Financials |  | &nbsp;&nbsp;&nbsp;&nbsp;101713950 |
| &nbsp;&nbsp;&nbsp;**Health Care - 2.3%** |  |  |
| &nbsp;&nbsp;&nbsp;Johnson & Johnson | &nbsp;&nbsp;&nbsp;&nbsp;270000 | &nbsp;&nbsp;&nbsp;&nbsp;65998800 |
| &nbsp;&nbsp;&nbsp;**Industrials - 9.7%** |  |  |
| &nbsp;&nbsp;&nbsp;Brenntag SE (Germany) | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;37256043 |
| &nbsp;&nbsp;&nbsp;Cie de L'Odet SE (France)<sup>1</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19364218 |
| &nbsp;&nbsp;&nbsp;L3Harris Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75000 | &nbsp;&nbsp;&nbsp;&nbsp;25886250 |
| &nbsp;&nbsp;&nbsp;Lockheed Martin Corp. | &nbsp;&nbsp;&nbsp;&nbsp;45000 | &nbsp;&nbsp;&nbsp;&nbsp;27197550 |
| &nbsp;&nbsp;&nbsp;Northrop Grumman Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;23878400 |

---

---

| | | |
|:---|:---|:---|
|  | Shares | &nbsp;&nbsp;Value |
| &nbsp;&nbsp;&nbsp;Samsung C&T Corp. (South Korea) | &nbsp;&nbsp;&nbsp;230000 | &nbsp;&nbsp;&nbsp;$40309343 |
| &nbsp;&nbsp;&nbsp;U-Haul Holding Co., Non-Voting Shares | 1640000 | &nbsp;&nbsp;&nbsp;&nbsp;73258800 |
| &nbsp;&nbsp;&nbsp;Yuasa Co., Ltd. (Japan) | &nbsp;&nbsp;800000 | &nbsp;&nbsp;&nbsp;&nbsp;30340944 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Industrials |  | &nbsp;&nbsp;&nbsp;&nbsp;277491548 |
| &nbsp;&nbsp;&nbsp;**Information Technology - 4.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Cognizant Technology Solutions Corp., Class A | &nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;33742500 |
| &nbsp;&nbsp;&nbsp;Microsoft Corp. | &nbsp;&nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81437400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Information Technology |  | &nbsp;&nbsp;&nbsp;&nbsp;115179900 |
| &nbsp;&nbsp;&nbsp;**Materials - 2.6%** |  |  |
| &nbsp;&nbsp;&nbsp;Nihon Parkerizing Co., Ltd. (Japan) | &nbsp;&nbsp;1868100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17302964 |
| &nbsp;&nbsp;&nbsp;Olin Corp. | &nbsp;&nbsp;&nbsp;995000 | &nbsp;&nbsp;&nbsp;&nbsp;29581350 |
| &nbsp;&nbsp;&nbsp;Reliance, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;28872400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Materials |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75756714 |
| **Total Common Stocks<br> (Cost $1,159,056,049)** |  | &nbsp;&nbsp;1928875386 |

---

---

| | | |
|:---|:---|:---|
|  | Principal<br> Amount |  |
| **Corporate Bonds and Notes - 0.7%** |  |  |
| &nbsp;&nbsp;&nbsp;**Industrials - 0.7%** |  |  |
| &nbsp;&nbsp;&nbsp;GrafTech Finance, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625%, 12/23/29<sup>2</sup> | $17800000 | &nbsp;&nbsp;&nbsp;&nbsp;9866251 |
| &nbsp;&nbsp;&nbsp;GrafTech Global Enterprises, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.875%, 12/23/29<sup>2</sup> | &nbsp;&nbsp;15200000 | &nbsp;&nbsp;&nbsp;&nbsp;9708184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Industrials |  | &nbsp;&nbsp;19574435 |
| **Total Corporate Bonds and Notes<br> (Cost $30,186,694)** |  | &nbsp;&nbsp;&nbsp;19574435 |

---

---

| | | |
|:---|:---|:---|
|  | Shares |  |
| **Preferred Stocks - 19.5%** |  |  |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary - 5.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Hyundai Motor Co., 4.14% (South Korea) | &nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;93884295 |
| &nbsp;&nbsp;&nbsp;Hyundai Motor Co., 4.17% (South Korea) | &nbsp;&nbsp;&nbsp;350000 | &nbsp;&nbsp;&nbsp;&nbsp;55409152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Consumer Discretionary |  | &nbsp;&nbsp;&nbsp;149293447 |
| &nbsp;&nbsp;&nbsp;**Consumer Staples - 0.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Amorepacific Corp., 2.65% (South Korea) | &nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7574835 |
| &nbsp;&nbsp;&nbsp;LG H&H Co., Ltd., 1.91% (South Korea) | &nbsp;&nbsp;&nbsp;&nbsp;118000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8210214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Consumer Staples |  | &nbsp;&nbsp;&nbsp;&nbsp;15785049 |
| &nbsp;&nbsp;&nbsp;**Information Technology - 13.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Samsung Electronics Co., Ltd., 0.93% (South Korea) | 4900000 | &nbsp;&nbsp;&nbsp;395545584 |
| **Total Preferred Stocks<br> (Cost $208,465,258)** |  | &nbsp;&nbsp;560624080 |

---

------

AMG Yacktman Focused Fund

Schedule of Portfolio Investments *(continued)*

---

| | | |
|:---|:---|:---|
|  | Principal<br> Amount | &nbsp;&nbsp;Value |
| **Short-Term Investments - 11.4%** |  |  |
| &nbsp;&nbsp;&nbsp;**U.S. Government Obligations - 3.7%** |  |  |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Bills, 3.479%, 01/21/27<sup>3</sup> | $29000000 | &nbsp;&nbsp;$28168050 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Bills, 3.571%, 10/01/26<sup>3</sup> | &nbsp;&nbsp;&nbsp;26000000 | &nbsp;&nbsp;&nbsp;&nbsp;25525522 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Bills, 3.688%, 03/18/27<sup>3</sup> | &nbsp;&nbsp;&nbsp;29000000 | &nbsp;&nbsp;&nbsp;28002868 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Bills, 4.037%, 06/11/26<sup>3</sup> | &nbsp;&nbsp;&nbsp;26000000 | &nbsp;&nbsp;&nbsp;&nbsp;25815538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total U.S. Government Obligations** |  | &nbsp;&nbsp;&nbsp;&nbsp;107511978 |
| &nbsp;&nbsp;&nbsp;**Repurchase Agreements - 3.3%** |  |  |
| &nbsp;&nbsp;&nbsp;Fixed Income Clearing Corp., dated 03/31/26, due 04/01/26, 3.350% total to be received $96,007,933 (collateralized by a U.S. Treasury Note, 1.375%, 11/15/31, totaling $97,918,990) | &nbsp;&nbsp;&nbsp;95999000 | &nbsp;&nbsp;&nbsp;95999000 |

---

---

| | | |
|:---|:---|:---|
|  | Shares | &nbsp;&nbsp;Value |
| &nbsp;&nbsp;&nbsp;**Other Investment Companies - 4.4%** |  |  |
| &nbsp;&nbsp;&nbsp;JPMorgan U.S. Government Money Market Fund, IM Shares, 3.66%<sup>4</sup> | 124931897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$124931897 |
| **Total Short-Term Investments<br> (Cost $328,472,459)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328442875 |
| **Total Investments - 98.7%<br> (Cost $1,726,180,460)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2837516776 |
| **Other Assets, less Liabilities - 1.3%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37010511 |
| **Net Assets - 100.0%** |  | &nbsp;&nbsp;**$2874527287** |

---

------

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

<sup>1</sup> Some of this security, amounting to $37,685 or less than 0.05% of net assets, was out on loan to various borrowers and is collateralized by various U.S. Treasury Obligations. See below for more information.

<sup>2</sup> Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At March 31, 2026, the value of these securities amounted to $19,574,435 or 0.7% of net assets.

<sup>3</sup> Represents yield to maturity at March 31, 2026.

<sup>4</sup> Yield shown represents the March 31, 2026, seven day average yield, which refers to the sum of the previous seven days' dividends paid, expressed as an annual percentage.

------

AMG Yacktman Focused Fund

Schedule of Portfolio Investments *(continued)*

The following table summarizes the inputs used to value the Fund's investments by the fair value hierarchy levels as of March 31, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;**Level 2<sup>1</sup>** | &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** | &nbsp;&nbsp;&nbsp;**Common Stocks** | &nbsp;&nbsp;&nbsp;**Common Stocks** | &nbsp;&nbsp;&nbsp;**Common Stocks** | &nbsp;&nbsp;&nbsp;**Common Stocks** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | &nbsp;&nbsp;&nbsp; $362366400 | &nbsp;&nbsp;&nbsp;&nbsp; $234438773 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; $596805173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp; 258712900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101292664 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 360005564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp;&nbsp;&nbsp; 150221000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 127270548 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 277491548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication Services | &nbsp;&nbsp;&nbsp;&nbsp; 171662700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 171662700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33768901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 130492136 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 164261037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 115179900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 115179900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101713950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101713950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58453750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17302964 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75756714 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health Care | &nbsp;&nbsp;&nbsp;&nbsp; 65998800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 65998800 |
| &nbsp;&nbsp;&nbsp;**Corporate Bonds and Notes<sup>†</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19574435 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19574435 |
| &nbsp;&nbsp;&nbsp;**Preferred Stocks<sup>†</sup>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 560624080 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 560624080 |
| &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;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 107511978 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 107511978 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Repurchase Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 95999000 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 95999000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Investment Companies | &nbsp;&nbsp;&nbsp;&nbsp; 124931897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 124931897 |
| &nbsp;&nbsp;**Total Investments in Securities** | &nbsp;&nbsp;$1443010198 | &nbsp;&nbsp;$1394506578 | &nbsp;&nbsp;— | &nbsp;&nbsp;$2837516776 |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;<sup>†</sup> | All corporate bonds and notes and preferred stocks held in the Fund are level 2 securities. For a detailed breakout of corporate bonds and notes and preferred stocks by major industry classification, please refer to the Fund's Schedule of Portfolio Investments. |
| &nbsp;&nbsp;<sup>1</sup> | An external pricing service is used to reflect any impact on security value due to market movements between the time the Fund valued such foreign securities and the earlier closing of foreign markets. |

---

For the period ended March 31, 2026, there were no transfers in or out of Level 3.

The country allocation in the Schedule of Portfolio Investments at March 31, 2026, was as follows:

---

| | |
|:---|:---|
| **Country** | &nbsp;&nbsp;**% of Long-Term<br> Investments** |
| Canada | &nbsp;&nbsp;&nbsp;&nbsp;11.1 |
| France | &nbsp;&nbsp;&nbsp;&nbsp;10.1 |
| Germany | &nbsp;&nbsp;&nbsp;&nbsp;1.5 |
| Japan | &nbsp;&nbsp;&nbsp;&nbsp;1.9 |
| South Korea | &nbsp;&nbsp;&nbsp;&nbsp;30.7 |
| United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;2.5 |
| United States | &nbsp;&nbsp;&nbsp;&nbsp;42.2 |
|  | &nbsp;&nbsp;100.0 |

---

------

AMG Yacktman Focused Fund

Schedule of Portfolio Investments *(continued)*

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 March 31, 2026, 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** |
| $37685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $39121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $39121 |

---

The following table summarizes the securities received as collateral for securities lending at March 31, 2026:

---

| | | |
|:---|:---|:---|
| **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;11/15/27-05/15/55 |

---

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

- **b. Investment Company Act file number:** 811-09521

- **c. CIK number of Registrant:** 0001089951

- **d. LEI of Registrant:** 54930020IDQ6ZIPGNH13

- **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 Yacktman Focused Fund

- **b. EDGAR series identifier (if any):** S000037565

- **c. LEI of Series:** 549300CQ470A18W1Q189

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $2878968341.07

**Total Liabilities:** $3586775.14

**Net Assets:** $2875381565.93

**Cash Not Reported:** $28223523.37

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000115978 | 10.93%               | 7.23%                | -7.31%               |
| Class ID C000115979 | 10.95%               | 7.22%                | -7.22%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $77883924.99             | $210794451.44                              |
| Month 2  | $102779117.14            | $105529738.14                              |
| Month 3  | $10534437.64             | $-243021820.08                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Nihon Parkerizing Co Ltd             | Nihon Parkerizing Co Ltd NPV                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |   1868100 | NS      | $17302963.64  | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Ingredion Incorporated               | Ingredion Incorporated COM                   | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |    300000 | NS      | $33798000.00  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Compagnie De l'odet SE               | Compagnie De l'odet SE EUR16                 | CUSIP: 000000000<br>LEI: 9695005PEG4IL375U849 | Long             | EC               | CORP              | FR        |     12846 | NS      | $19364218.32  | 0.67%             |  |  |  | No            |                  2 | On Loan: —       |
| AMOREPACIFIC CORP                    | Amorepacific Corp. PFD KRW500                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | KR        |    250000 | NS      | $7574835.36   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola Co (The)                   | Coca-Cola Co (The) COM                       | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    380000 | NS      | $28899000.00  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Motor Co.                    | Hyundai Motor Co. 2ND PRF KRW5000            | CUSIP: 000000000<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EP               | CORP              | KR        |    350000 | NS      | $55409152.12  | 1.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Pepsico Inc                          | Pepsico Inc COM                              | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |    460000 | NS      | $71433400.00  | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung C&T Corporation              | Samsung C&T Corporation KRW100               | CUSIP: 000000000<br>LEI: 988400GFRE4IDFPE9E64 | Long             | EC               | CORP              | KR        |    230000 | NS      | $40309343.42  | 1.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Olin Corporation                     | Olin Corporation COM PAR $1                  | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |    995000 | NS      | $29581350.00  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                    | Johnson & Johnson COM                        | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    270000 | NS      | $65998800.00  | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Trust Ii                   | JP Morgan Trust Ii US GVT MMKT IM            | CUSIP: 4812C2270<br>LEI: 549300IMXLYKELY96B40 | Long             | STIV             | RF                | US        | 124518331 | NS      | $124518330.57 | 4.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corporation                      | Fox Corporation CL B COM                     | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |   1400000 | NS      | $74340000.00  | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Bills         | B 0 10/01/26                                 | CUSIP: 912797SA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  26000000 | PA      | $25525521.58  | 0.89%             | 2026-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LG H&H CO LTD                        | LG H&H Co Ltd. PRF KRW5000                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | KR        |    118000 | NS      | $8210213.52   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| ConocoPhillips                       | ConocoPhillips COM                           | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    230000 | NS      | $30360000.00  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc               | Diamondback Energy Inc COM                   | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |    150000 | NS      | $29668500.00  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| The Procter & Gamble Co.             | The Procter & Gamble Co. COM                 | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    380000 | NS      | $54887200.00  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation       | The Charles Schwab Corporation COM           | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    820000 | NS      | $77063600.00  | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| KT&G Corp.                           | KT&G Corp. KRW5000                           | CUSIP: 000000000<br>LEI: 988400ZJV6ISYBLQX875 | Long             | EC               | CORP              | KR        |    360000 | NS      | $38711783.57  | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Associated British Foods PLC         | Associated British Foods PLC ORD 5 15/22P    | CUSIP: 000000000<br>LEI: GBQKSY6W7G0OHCQ8OQ72 | Long             | EC               | CORP              | GB        |   2500000 | NS      | $62580880.12  | 2.18%             |  |  |  | No            |                  2 | On Loan: No      |
| eBay Inc.                            | eBay Inc. COM                                | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |    270000 | NS      | $24575400.00  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corporation         | Northrop Grumman Corporation COM             | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |     35000 | NS      | $23878400.00  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| L3 Harris Technologies Inc           | L3 Harris Technologies Inc COM               | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     75000 | NS      | $25886250.00  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Bollore SE                           | Bollore SE EUR0.16                           | CUSIP: 000000000<br>LEI: 969500LEKCHH6VV86P94 | Long             | EC               | CORP              | FR        |  41000000 | NS      | $234438772.70 | 8.15%             |  |  |  | No            |                  2 | On Loan: No      |
| United States Treasury Bills         | B 0 01/21/27                                 | CUSIP: 912797TM9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  29000000 | PA      | $28168050.03  | 0.98%             | 2027-01-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills         | B 0 03/18/27                                 | CUSIP: 912797UD7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  29000000 | PA      | $28002868.06  | 0.97%             | 2027-03-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp.                      | Microsoft Corp. COM                          | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    220000 | NS      | $81437400.00  | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Brenntag SE                          | Brenntag SE NPV                              | CUSIP: 000000000<br>LEI: NNROIXVWJ7CPSR27SV97 | Long             | EC               | CORP              | DE        |    550000 | NS      | $37256042.91  | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| United States Treasury Bills         | B 0 06/11/26                                 | CUSIP: 912797QX8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  26000000 | PA      | $25815538.32  | 0.90%             | 2026-06-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Walt Disney Company                  | Walt Disney Company COM                      | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    240000 | NS      | $23131200.00  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp. | Cognizant Technology Solutions Corp. CL A    | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    550000 | NS      | $33742500.00  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyson Foods, Inc.                    | Tyson Foods, Inc. CL A                       | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |    590000 | NS      | $37801300.00  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Mobis Co Ltd.                | Hyundai Mobis Co Ltd. KRW5000                | CUSIP: 000000000<br>LEI: 988400HJA9E0ZVDHRS65 | Long             | EC               | CORP              | KR        |    420000 | NS      | $108368509.41 | 3.77%             |  |  |  | No            |                  2 | On Loan: No      |
| LEGACY HOUSING CORP                  | Legacy Housing Corp. COM                     | CUSIP: 52472M101<br>LEI: V6WE5M18QYITU8L1QF76 | Long             | EC               | CORP              | US        |    445000 | NS      | $9091350.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL BANK FINANCIAL INC.         | NATIONAL BANK FINANCIAL INC                  | CUSIP: 000000000<br>LEI: 549300D83GR71RNG0O65 | Long             | RA               | CORP              | US        |      1580 | PA      | $1580.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Reliance Inc                         | Reliance Inc COM                             | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |     95000 | NS      | $28872400.00  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| YUASA CO LTD                         | Yuasa Co. Ltd. NPV                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    800000 | NS      | $30340943.97  | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Paypal Holdings Inc.                 | Paypal Holdings Inc. COM                     | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |    545000 | NS      | $24650350.00  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Motor Co.                    | Hyundai Motor Co. PFD N/VTG KRW5000          | CUSIP: 000000000<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EP               | CORP              | KR        |    600000 | NS      | $93884294.62  | 3.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Natural Resources Limited   | Canadian Natural Resources Limited COM       | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |   5700000 | NS      | $277761000.00 | 9.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                        | Alphabet Inc. CAP STK CL C                   | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    150000 | NS      | $43029000.00  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAFTECH GLOBAL ENTERPRISES INC      | EAF 9.875 12/23/29 144A                      | CUSIP: 38431AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  15200000 | PA      | $9708183.76   | 0.34%             | 2029-12-23      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| FIXED INCOME CLEARING CORPORATION    | FICC                                         | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |  95999000 | PA      | $95999000.00  | 3.34%             |  |  |  | No            |                  2 | On Loan: No      |
| GrafTech Finance Inc.                | EAF 4.625 12/23/29 144A                      | CUSIP: 384311AC0<br>LEI: 1Z010BU876CF2HDBIN43 | Long             | DBT              | CORP              | US        |  17800000 | PA      | $9866251.64   | 0.34%             | 2029-12-23      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd.          | Samsung Electronics Co Ltd. N/VTG PFD KRW100 | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EP               | CORP              | KR        |   4900000 | NS      | $395545584.53 | 13.76%            |  |  |  | No            |                  2 | On Loan: No      |
| U-Haul Holding Co.                   | U-Haul Holding Co. COM SER N                 | CUSIP: 023586506<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |   1640000 | NS      | $73258800.00  | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corporation          | Lockheed Martin Corporation COM              | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     45000 | NS      | $27197550.00  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CITADEL SECURITIES LLC               | CITADEL SECURITIES LLC                       | CUSIP: 000000000<br>LEI: 12UUJYTN7D3SW8KCSG25 | Long             | RA               | CORP              | US        |      2000 | PA      | $2000.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EOG Resources Inc.                   | EOG Resources Inc. COM                       | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |    170000 | NS      | $24576900.00  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| HYUNDAI HOME SHOPPING NETWORK CORP   | Hyundai Home Shopping Network Corp. KRW5000  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    420000 | NS      | $22123626.89  | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Kenvue Inc.                          | Kenvue Inc. COM                              | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |   1850000 | NS      | $31894000.00  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| News Corporation                     | News Corporation CL A                        | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |   1250000 | NS      | $31162500.00  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-28

**Name of Applicant:** AMG Funds

**Signature:** Thomas Disbrow

**Name of Signer:** Thomas Disbrow

**Title:** Principal Financial Officer