# EDGAR Filing Document

**Accession Number:** 0000882443
**File Stem:** 0001752724-23-067816
**Filing Date:** 2023-3
**Character Count:** 69673
**Document Hash:** 8cf05b999349ce19d7c133e64eb4ceef
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-067816.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001752724-23-067816

**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 I
- **CENTRAL INDEX KEY:** 0000882443
- **IRS NUMBER:** 561773580
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06520
- **FILM NUMBER:** 23763975

**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 TRUST I
- **DATE OF NAME CHANGE:** 20000801

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SMITH BREEDEN TRUST
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### AMG GW&K Core Bond ESG Fund (Series ID: S000009914)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000027427 | Class I      | MBDFX           |
| C000158522 | Class Z      | MBDLX           |
| C000158523 | Class N      | MBGVX           |

## Nport-Ex

AMG GW&K Core Bond ESG Fund

Schedule of Portfolio Investments *(unaudited)*

January 31, 2023

---

| | | |
|:---|:---|:---|
|  | Principal<br> Amount | &nbsp;&nbsp;Value |
| **Corporate Bonds and Notes - 40.0%** |  |  |
| &nbsp;&nbsp;&nbsp;**Financials - 14.4%** |  |  |
| &nbsp;&nbsp;&nbsp;AerCap Ireland Capital DAC/AerCap Global Aviation Trust (Ireland) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.650%, 10/29/24 | $1650000 | &nbsp;&nbsp;$1543642 |
| &nbsp;&nbsp;&nbsp;Aircastle, Ltd. (Bermuda) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.250%, 06/15/26 | &nbsp;&nbsp;&nbsp;1562000 | &nbsp;&nbsp;&nbsp;&nbsp;1505825 |
| &nbsp;&nbsp;&nbsp;American Express Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.550% to 09/15/26 then U.S. Treasury Yield Curve CMT 5 year + 2.854%), 3.550%, 09/15/26<sup>1,2,3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;973000 | &nbsp;&nbsp;&nbsp;&nbsp;860910 |
| &nbsp;&nbsp;&nbsp;American Tower Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.600%, 01/15/28 | &nbsp;&nbsp;&nbsp;1680000 | &nbsp;&nbsp;&nbsp;&nbsp;1579400 |
| &nbsp;&nbsp;&nbsp;Bank of America Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MTN, (4.330% to 03/15/49 then 3 month LIBOR + 1.520%), 4.330%, 03/15/50<sup>1,3</sup> | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;&nbsp;&nbsp;1455418 |
| &nbsp;&nbsp;&nbsp;The Bank of New York Mellon Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MTN, 2.450%, 08/17/26 | &nbsp;&nbsp;&nbsp;&nbsp;937000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;875441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series G, (4.700% to 09/20/25 then U.S. Treasury Yield Curve CMT 5 year + 4.358%), 4.700%, 09/20/25<sup>1,2,3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;460000 | &nbsp;&nbsp;&nbsp;&nbsp;449637 |
| &nbsp;&nbsp;&nbsp;Boston Properties, LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.400%, 06/21/29 | &nbsp;&nbsp;&nbsp;1841000 | &nbsp;&nbsp;&nbsp;&nbsp;1635736 |
| &nbsp;&nbsp;&nbsp;The Charles Schwab Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series F, (5.000% to 12/01/27 then 3 month LIBOR + 2.575%), 5.000%, 12/01/27<sup>1,2,3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;525000 | &nbsp;&nbsp;&nbsp;&nbsp;469875 |
| &nbsp;&nbsp;&nbsp;Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.980% to 03/20/29 then 3 month LIBOR + 1.338%), 3.980%, 03/20/30<sup>1,3</sup> | &nbsp;&nbsp;&nbsp;1677000 | &nbsp;&nbsp;&nbsp;&nbsp;1577092 |
| &nbsp;&nbsp;&nbsp;Crown Castle, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/01/27 | &nbsp;&nbsp;&nbsp;1800000 | &nbsp;&nbsp;&nbsp;&nbsp;1745911 |
| &nbsp;&nbsp;&nbsp;The Goldman Sachs Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 11/16/26 | &nbsp;&nbsp;2676000 | &nbsp;&nbsp;&nbsp;2570298 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.470% to 09/22/26 then SOFR + 0.765%), 1.470%, 09/22/27<sup>1,3</sup> | &nbsp;&nbsp;&nbsp;1280000 | &nbsp;&nbsp;&nbsp;&nbsp;1133953 |
| &nbsp;&nbsp;&nbsp;MetLife, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series G, (3.850% to 09/15/25 then U.S. Treasury Yield Curve CMT 5 year + 3.576%), 3.850%, 09/15/25<sup>1,2,3,4</sup> | &nbsp;&nbsp;&nbsp;1409000 | &nbsp;&nbsp;&nbsp;&nbsp;1340961 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.431% to 01/23/29 then 3 month LIBOR + 1.628%), 4.431%, 01/23/30<sup>1,3</sup> | &nbsp;&nbsp;&nbsp;1624000 | &nbsp;&nbsp;&nbsp;&nbsp;1582558 |
| &nbsp;&nbsp;&nbsp;Wells Fargo & Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MTN, (5.013% to 04/04/50 then SOFR + 4.502%), 5.013%, 04/04/51<sup>1,3</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1411000 | &nbsp;&nbsp;&nbsp;&nbsp;1391116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Financials |  | &nbsp;&nbsp;&nbsp;21717773 |
| &nbsp;&nbsp;&nbsp;**Industrials - 23.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Alcoa Nederland Holding, B.V. (Netherlands) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 03/31/29<sup>5</sup> | &nbsp;&nbsp;&nbsp;1275000 | &nbsp;&nbsp;&nbsp;&nbsp;1180962 |
| &nbsp;&nbsp;&nbsp;Amazon.com, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.600%, 12/01/25 | &nbsp;&nbsp;&nbsp;1455000 | &nbsp;&nbsp;&nbsp;&nbsp;1467846 |

---

---

| | | |
|:---|:---|:---|
|  | Principal<br> Amount | &nbsp;&nbsp;Value |
| &nbsp;&nbsp;&nbsp;Anglo American Capital PLC (United Kingdom) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.875%, 03/17/31<sup>5</sup> | &nbsp;&nbsp;$919000 | &nbsp;&nbsp;&nbsp;&nbsp;$789342 |
| &nbsp;&nbsp;&nbsp;Ashtead Capital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.500%, 08/12/26<sup>5</sup> | &nbsp;&nbsp;1786000 | &nbsp;&nbsp;&nbsp;&nbsp;1572268 |
| &nbsp;&nbsp;&nbsp;AT&T, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.300%, 12/15/42 | &nbsp;&nbsp;&nbsp;1710000 | &nbsp;&nbsp;&nbsp;&nbsp;1509373 |
| &nbsp;&nbsp;&nbsp;Block Financial LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 08/15/30 | &nbsp;&nbsp;1667000 | &nbsp;&nbsp;&nbsp;&nbsp;1497964 |
| &nbsp;&nbsp;&nbsp;Broadcom Corp./Broadcom Cayman Finance, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 01/15/27 | &nbsp;&nbsp;1808000 | &nbsp;&nbsp;&nbsp;&nbsp;1742087 |
| &nbsp;&nbsp;&nbsp;Charter Communications Operating LLC/Charter Communications Operating Capital |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 01/15/29 | 2000000 | &nbsp;&nbsp;&nbsp;&nbsp;1676453 |
| &nbsp;&nbsp;&nbsp;CommonSpirit Health |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.347%, 10/01/29 | &nbsp;&nbsp;1737000 | &nbsp;&nbsp;&nbsp;&nbsp;1559199 |
| &nbsp;&nbsp;&nbsp;Dell International LLC/EMC Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.200%, 07/15/30 | &nbsp;&nbsp;1512000 | &nbsp;&nbsp;&nbsp;&nbsp;1596041 |
| &nbsp;&nbsp;&nbsp;Discovery Communications LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.950%, 03/20/28 | &nbsp;&nbsp;1766000 | &nbsp;&nbsp;&nbsp;&nbsp;1650526 |
| &nbsp;&nbsp;&nbsp;The Ford Foundation |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series 2020, 2.415%, 06/01/50 | &nbsp;&nbsp;2207000 | &nbsp;&nbsp;&nbsp;&nbsp;1529004 |
| &nbsp;&nbsp;&nbsp;HCA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.125%, 06/15/29 | &nbsp;&nbsp;&nbsp;842000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800341 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 02/15/27 | &nbsp;&nbsp;&nbsp;874000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;859811 |
| &nbsp;&nbsp;&nbsp;Kraft Heinz Foods Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 05/15/27 | &nbsp;&nbsp;1518000 | &nbsp;&nbsp;&nbsp;&nbsp;1478842 |
| &nbsp;&nbsp;&nbsp;Merck & Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.900%, 12/10/28 | &nbsp;&nbsp;1897000 | &nbsp;&nbsp;&nbsp;&nbsp;1674217 |
| &nbsp;&nbsp;&nbsp;Microsoft Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.525%, 06/01/50 | &nbsp;&nbsp;2165000 | &nbsp;&nbsp;&nbsp;&nbsp;1542807 |
| &nbsp;&nbsp;&nbsp;Parker-Hannifin Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.250%, 06/14/29 | &nbsp;&nbsp;1623000 | &nbsp;&nbsp;&nbsp;&nbsp;1502961 |
| &nbsp;&nbsp;&nbsp;PulteGroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 01/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;761000 | &nbsp;&nbsp;&nbsp;&nbsp;764436 |
| &nbsp;&nbsp;&nbsp;Smith & Nephew PLC (United Kingdom) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.032%, 10/14/30 | &nbsp;&nbsp;1010000 | &nbsp;&nbsp;&nbsp;&nbsp;824974 |
| &nbsp;&nbsp;&nbsp;Sonoco Products Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.850%, 02/01/32<sup>4</sup> | &nbsp;&nbsp;1852000 | &nbsp;&nbsp;&nbsp;&nbsp;1581272 |
| &nbsp;&nbsp;&nbsp;Sysco Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.400%, 02/15/30 | 2284000 | &nbsp;&nbsp;&nbsp;&nbsp;1979994 |
| &nbsp;&nbsp;&nbsp;Verizon Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.875%, 02/08/29 | 3403000 | &nbsp;&nbsp;&nbsp;&nbsp;3275803 |
| &nbsp;&nbsp;&nbsp;Walgreens Boots Alliance, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.800%, 11/18/44 | &nbsp;&nbsp;1593000 | &nbsp;&nbsp;&nbsp;&nbsp;1414916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Industrials |  | &nbsp;&nbsp;35471439 |
| &nbsp;&nbsp;&nbsp;**Utilities - 2.1%** |  |  |
| &nbsp;&nbsp;&nbsp;Dominion Energy, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series B, (4.650% to 12/15/24 then U.S. Treasury Yield Curve CMT 5 year + 2.993%), 4.650%, 12/15/24<sup>1,2,3</sup> | &nbsp;&nbsp;&nbsp;978000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;912376 |

---

------

AMG GW&K Core Bond ESG Fund

Schedule of Portfolio Investments *(continued)*

---

| | | |
|:---|:---|:---|
|  | Principal<br> Amount | &nbsp;&nbsp;Value |
| &nbsp;&nbsp;&nbsp;**Utilities - 2.1% (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;National Rural Utilities Cooperative Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.350%, 03/15/31 | $2024000 | &nbsp;&nbsp;&nbsp;&nbsp;$1558118 |
| &nbsp;&nbsp;&nbsp;Northern States Power Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.900%, 03/01/50 | &nbsp;&nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;728313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Utilities |  | &nbsp;&nbsp;&nbsp;&nbsp;3198807 |
| **Total Corporate Bonds and Notes<br> (Cost $68,180,055)** |  | &nbsp;&nbsp;&nbsp;60388019 |
| **Municipal Bonds - 7.7%** |  |  |
| &nbsp;&nbsp;&nbsp;California Health Facilities Financing<br> Authority<br> 4.190%, 06/01/37 | &nbsp;&nbsp;&nbsp;&nbsp;775000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;742038 |
| &nbsp;&nbsp;&nbsp;California State General Obligation,<br> School Improvements<br> Build America Bonds, 7.550%, 04/01/39 | &nbsp;&nbsp;&nbsp;2410000 | &nbsp;&nbsp;&nbsp;&nbsp;3209255 |
| &nbsp;&nbsp;&nbsp;Commonwealth of Massachusetts<br> Series B, 4.110%, 07/15/31 | &nbsp;&nbsp;&nbsp;1040000 | &nbsp;&nbsp;&nbsp;&nbsp;1027633 |
| &nbsp;&nbsp;&nbsp;JobsOhio Beverage System<br> Series B, 4.532%, 01/01/35 | &nbsp;&nbsp;&nbsp;1705000 | &nbsp;&nbsp;&nbsp;&nbsp;1705056 |
| &nbsp;&nbsp;&nbsp;Los Angeles Unified School District,<br> School Improvements<br> 5.750%, 07/01/34 | &nbsp;&nbsp;&nbsp;1775000 | &nbsp;&nbsp;&nbsp;&nbsp;1945359 |
| &nbsp;&nbsp;&nbsp;Massachusetts School Building Authority<br> Series B, 1.753%, 08/15/30 | &nbsp;&nbsp;&nbsp;2017000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1711881 |
| &nbsp;&nbsp;&nbsp;University of California, University & College Improvements<br> Series BD, 3.349%, 07/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;1310000 | &nbsp;&nbsp;&nbsp;&nbsp;1240417 |
| **Total Municipal Bonds<br> (Cost $12,544,361)** |  | &nbsp;&nbsp;&nbsp;&nbsp;11581639 |
| **U.S. Government and Agency Obligations -<br> 49.6%** |  |  |
| &nbsp;&nbsp;&nbsp;**Fannie Mae - 22.0%** |  |  |
| &nbsp;&nbsp;&nbsp;FNMA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 02/01/36 to 10/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;1954014 | &nbsp;&nbsp;&nbsp;&nbsp;1720242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 06/01/38 | &nbsp;&nbsp;&nbsp;&nbsp;1136184 | &nbsp;&nbsp;&nbsp;&nbsp;1094417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 03/01/30 to 07/01/50 | &nbsp;&nbsp;11965686 | &nbsp;&nbsp;&nbsp;&nbsp;11534110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 03/01/44 to 01/01/51 | &nbsp;&nbsp;&nbsp;8234995 | &nbsp;&nbsp;&nbsp;&nbsp;8112644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 04/01/39 to 08/01/52 | &nbsp;&nbsp;&nbsp;8562666 | &nbsp;&nbsp;&nbsp;&nbsp;8686727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/47 to 02/01/49 | &nbsp;&nbsp;&nbsp;2005618 | &nbsp;&nbsp;&nbsp;&nbsp;2060535 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Fannie Mae |  | &nbsp;&nbsp;33208675 |
| &nbsp;&nbsp;&nbsp;**Freddie Mac - 10.6%** |  |  |
| &nbsp;&nbsp;&nbsp;FHLMC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.500%, 10/01/34 to 08/01/50 | &nbsp;&nbsp;&nbsp;4023574 | &nbsp;&nbsp;&nbsp;&nbsp;3706713 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.000%, 11/01/49 to 03/01/50 | &nbsp;&nbsp;&nbsp;&nbsp;4230371 | &nbsp;&nbsp;&nbsp;&nbsp;3931929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 10/01/45 | &nbsp;&nbsp;&nbsp;3752787 | &nbsp;&nbsp;&nbsp;&nbsp;3602722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.000%, 07/01/48 to 09/01/50 | &nbsp;&nbsp;&nbsp;1964549 | &nbsp;&nbsp;&nbsp;&nbsp;1938874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.500%, 05/01/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298183 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 07/01/44 | &nbsp;&nbsp;&nbsp;1282687 | &nbsp;&nbsp;&nbsp;&nbsp;1318265 |

---

---

| | | |
|:---|:---|:---|
|  | Principal<br> Amount | &nbsp;&nbsp;Value |
| &nbsp;&nbsp;&nbsp;FHLMC Gold Pool |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 07/01/32 to 05/01/44 | $1257908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1228278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Freddie Mac |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16024964 |
| &nbsp;&nbsp;&nbsp;**U.S. Treasury Obligations - 17.0%** |  |  |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.875%, 02/15/51 | &nbsp;&nbsp;3958000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2726845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.250%, 05/15/41 | &nbsp;&nbsp;7180000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5727172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.125%, 05/15/48 | &nbsp;&nbsp;1998000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1801634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.500%, 02/15/39 | &nbsp;&nbsp;3044000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3012371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.000%, 05/15/37 | &nbsp;&nbsp;&nbsp;&nbsp;978000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1140019 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.250%, 08/15/23 | &nbsp;&nbsp;2218000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2233769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.750%, 08/15/26 | &nbsp;&nbsp;1339000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1469239 |
| &nbsp;&nbsp;&nbsp;U.S. Treasury Notes |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.000%, 06/30/24 | &nbsp;&nbsp;4636000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4474102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.375%, 05/15/27 | &nbsp;&nbsp;&nbsp;3141000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2979288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total U.S. Treasury Obligations |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25564439 |
| **Total U.S. Government and Agency Obligations<br> (Cost $82,145,030)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74798078 |
| **Foreign Government Obligation - 0.9%** |  |  |
| &nbsp;&nbsp;&nbsp;The Korea Development Bank (South Korea) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.500%, 10/27/23<br> (Cost $1,384,141) | &nbsp;&nbsp;1385000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1343611 |
| **Short-Term Investments - 1.9%** |  |  |
| &nbsp;&nbsp;&nbsp;**Joint Repurchase Agreements - 0.7%<sup>6</sup>** |  |  |
| &nbsp;&nbsp;&nbsp;Bank of America Securities, Inc., dated 01/31/23, due 02/01/23, 4.270% total to be received $94,985 (collateralized by a U.S. Treasury, 1.125%, 08/31/28, totaling $96,873) | &nbsp;&nbsp;&nbsp;&nbsp;94974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94974 |
| &nbsp;&nbsp;&nbsp;RBC Dominion Securities, Inc., dated 01/31/23, due 02/01/23, 4.300% total to be received $1,000,119 (collateralized by various U.S. Government Agency Obligations and U.S. Treasuries, 0.000% - 6.000%, 02/07/23 - 12/20/52, totaling $1,020,000) | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Joint Repurchase Agreements |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1094974 |
| &nbsp;&nbsp;&nbsp;**Repurchase Agreements - 1.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Fixed Income Clearing Corp., dated 01/31/23, due 02/01/23, 4.150% total to be received $1,705,197 (collateralized by a U.S. Treasury, 1.875%, 02/15/32, totaling $1,739,186) | &nbsp;&nbsp;1705000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1705000 |
| **Total Short-Term Investments<br> (Cost $2,799,974)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2799974 |
| **Total Investments - 100.1%<br> (Cost $167,053,561)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 150911321 |
| **Other Assets, less Liabilities - (0.1)%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (81517) |
| **Net Assets - 100.0%** |  | &nbsp;&nbsp;**$150829804** |

---

------

AMG GW&K Core Bond ESG Fund

Schedule of Portfolio Investments *(continued)*

<sup>1</sup> Fixed to variable rate investment. The rate shown reflects the fixed rate in effect at January 31, 2023. Rate will reset at a future date.

<sup>2</sup> Perpetuity Bond. The date shown represents the next call date.

<sup>3</sup> Variable rate security. The rate shown is based on the latest available information as of January 31, 2023. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description above.

<sup>4</sup> Some of this security, amounting to $1,044,161 or 0.7% of net assets, was out on loan to various borrowers and is collateralized by cash. See below for more information.

<sup>5</sup> Security exempt from registration under Rule 144A of the Securities Act of 1933. This security may be resold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2023, the value of these securities amounted to $3,542,572 or 2.3% of net assets.

<sup>6</sup> Cash collateral received for securities lending activity was invested in these joint repurchase agreements.

---

| | |
|:---|:---|
| &nbsp;&nbsp;CMT | Constant Maturity Treasury |
| &nbsp;&nbsp;FHLMC | Freddie Mac |
| &nbsp;&nbsp;FNMA | Fannie Mae |
| &nbsp;&nbsp;LIBOR | London Interbank Offered Rate |
| &nbsp;&nbsp;MTN | Medium-Term Note |
| &nbsp;&nbsp;SOFR | Secured Overnight Financing Rate |

---

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;**Corporate Bonds and Notes<sup>†</sup>** | &nbsp;&nbsp; — | &nbsp;&nbsp; $60388019 | &nbsp;&nbsp; — | &nbsp;&nbsp; $60388019 |
| &nbsp;&nbsp;&nbsp;**Municipal Bonds<sup>†</sup>** | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 11581639 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 11581639 |
| &nbsp;&nbsp;&nbsp;**U.S. Government and Agency Obligations<sup>†</sup>** | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 74798078 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 74798078 |
| &nbsp;&nbsp;&nbsp;**Foreign Government Obligation<sup>†</sup>** | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1343611 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1343611 |
| &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;Joint Repurchase Agreements | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1094974 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1094974 |
| &nbsp;&nbsp;&nbsp;&nbsp;Repurchase Agreements | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1705000 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1705000 |
| &nbsp;&nbsp;**Total Investments in Securities** | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;$150911321 | &nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;$150911321 |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;<sup>†</sup> | All corporate bonds and notes, municipal bonds, U.S. government and agency obligations, and foreign government obligations held in the Fund are Level 2 securities. For a detailed breakout of corporate bonds and notes, municipal bonds, U.S. government and agency obligations, and foreign government obligations by major industry or agency 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** |
| $1044161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1094974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1094974 |

---

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 I

- **b. Investment Company Act file number:** 811-06520

- **c. CIK number of Registrant:** 0000882443

- **d. LEI of Registrant:** 549300SY4O1O812XWI71

- **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 GW&K Core Bond ESG Fund

- **b. EDGAR series identifier (if any):** S000009914

- **c. LEI of Series:** 2Y32HZ36SC4YDCL7OD77

**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:** $152062871.55

**Total Liabilities:** $1211011.31

**Net Assets:** $150851860.24

**Cash Not Reported:** $187.48

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 35.23425000 | **1-Year:** 4411.00982000 | **5-Year:** 42062.11208000 | **10-Year:** 23028.76266000 | **30-Year:** 3928.09305000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000158523 | 4.17%                | -0.79%               | 3.82%                |
| Class ID C000027427 | 4.20%                | -0.76%               | 3.85%                |
| Class ID C000158522 | 4.09%                | -0.65%               | 3.86%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-26305.42               | $5607266.11                                |
| Month 2  | $-45764.09               | $-1322222.16                               |
| Month 3  | $-77356.97               | $5302845.86                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3138EPLN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    984227 | PA      | $969297.57    | 0.64%             | 2030-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140QFEA3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1078320 | PA      | $922187.45    | 0.61%             | 2050-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC           | Goldman Sachs Group Inc/The                                                     | CUSIP: 38145GAH3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2676000 | PA      | $2570297.71   | 1.70%             | 2026-11-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KOREA DEVELOPMENT BANK            | Korea Development Bank/The                                                      | CUSIP: 500630DD7<br>LEI: 549300ML2LNRZUCS7149 | Long             | DBT              | NUSS              | KR        |   1385000 | PA      | $1343611.26   | 0.89%             | 2023-10-27      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP               | Charles Schwab Corp/The                                                         | CUSIP: 808513AR6<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    525000 | PA      | $469875.00    | 0.31%             | N/A             | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP              | Bank of America Corp                                                            | CUSIP: 06051GHS1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1455418.18   | 0.96%             | 2050-03-15      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| HCA INC                           | HCA Inc                                                                         | CUSIP: 404119BX6<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    842000 | PA      | $800341.20    | 0.53%             | 2029-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BOFA SECURITIES, INC.             | BOFA SECURITIES INC                                                             | CUSIP: 000000000<br>LEI: 549300HN4UKV1E2R3U73 | Long             | RA               | CORP              | US        |     94974 | PA      | $94974.00     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNIF SCH DIST      | Los Angeles Unified School District/CA                                          | CUSIP: 544646XZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1945359.35   | 1.29%             | 2034-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                       | Freddie Mac Pool                                                                | CUSIP: 3133KJ6X5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    492074 | PA      | $480679.98    | 0.32%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140J56Q7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    684813 | PA      | $679199.84    | 0.45%             | 2047-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 31412PG54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1177459 | PA      | $1195104.24   | 0.79%             | 2039-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP            | Bank of New York Mellon Corp/The                                                | CUSIP: 064058AH3<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    460000 | PA      | $449637.28    | 0.30%             | N/A             | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140X4XF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    775820 | PA      | $757296.01    | 0.50%             | 2034-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                    | Merck & Co Inc                                                                  | CUSIP: 58933YBD6<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |   1897000 | PA      | $1674217.17   | 1.11%             | 2028-12-10      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST SPL OBLG REVE    | Commonwealth of Massachusetts                                                   | CUSIP: 576004HG3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1027632.74   | 0.68%             | 2031-07-15      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140X9RM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    638269 | PA      | $613684.92    | 0.41%             | 2048-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP              | Boston Properties LP                                                            | CUSIP: 10112RBB9<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   1841000 | PA      | $1635736.29   | 1.08%             | 2029-06-21      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                       | Freddie Mac Pool                                                                | CUSIP: 3132A4QC5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1282687 | PA      | $1318264.52   | 0.87%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JOBSOHIO BEVERAGE SYS STWD LIQ    | JobsOhio Beverage System                                                        | CUSIP: 47770VAZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1705000 | PA      | $1705055.75   | 1.13%             | 2035-01-01      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                       | Freddie Mac Gold Pool                                                           | CUSIP: 3128MFDL9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    769466 | PA      | $756658.46    | 0.50%             | 2032-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140X4SJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    153728 | PA      | $147554.05    | 0.10%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                       | Freddie Mac Pool                                                                | CUSIP: 3132ACS76<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1472475 | PA      | $1458194.21   | 0.97%             | 2048-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140XHC54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    952423 | PA      | $934332.72    | 0.62%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP              | Parker-Hannifin Corp                                                            | CUSIP: 701094AN4<br>LEI: 5493002CONDB4N2HKI23 | Long             | DBT              | CORP              | US        |   1623000 | PA      | $1502960.57   | 1.00%             | 2029-06-14      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                     | Aircastle Ltd                                                                   | CUSIP: 00928QAS0<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |   1562000 | PA      | $1505825.40   | 1.00%             | 2026-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                       | Freddie Mac Pool                                                                | CUSIP: 3132AARQ9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3752787 | PA      | $3602722.21   | 2.39%             | 2045-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                    | Amazon.com Inc                                                                  | CUSIP: 023135CN4<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |   1455000 | PA      | $1467845.92   | 0.97%             | 2025-12-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                   | United States Treasury Note/Bond                                                | CUSIP: 912810EQ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2218000 | PA      | $2233768.60   | 1.48%             | 2023-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HCA INC                           | HCA Inc                                                                         | CUSIP: 404119BU2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    874000 | PA      | $859811.26    | 0.57%             | 2027-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                       | Freddie Mac Pool                                                                | CUSIP: 3133A3CW6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1014067 | PA      | $942545.79    | 0.62%             | 2050-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140X9ZM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    875694 | PA      | $798054.82    | 0.53%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP           | Dell International LLC / EMC Corp                                               | CUSIP: 24703TAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1512000 | PA      | $1596041.31   | 1.06%             | 2030-07-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3138WGQE7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1727481 | PA      | $1655382.59   | 1.10%             | 2046-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ALCOA NEDERLAND HOLDING           | Alcoa Nederland Holding BV                                                      | CUSIP: 013822AG6<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |   1275000 | PA      | $1180962.38   | 0.78%             | 2029-03-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 31412PG62<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1963374 | PA      | $1994066.59   | 1.32%             | 2039-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140Q9HW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    600690 | PA      | $609248.83    | 0.40%             | 2048-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 31412PG70<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1898457 | PA      | $1927613.87   | 1.28%             | 2039-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140Q8QG3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1816657 | PA      | $1738567.68   | 1.15%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                   | United States Treasury Note/Bond                                                | CUSIP: 912810EX2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1339000 | PA      | $1469238.67   | 0.97%             | 2026-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140JAGM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    900434 | PA      | $886484.31    | 0.59%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SMITH & NEPHEW PLC                | Smith & Nephew PLC                                                              | CUSIP: 83192PAA6<br>LEI: 213800ZTMDN8S67S1H61 | Long             | DBT              | CORP              | GB        |   1010000 | PA      | $824973.56    | 0.55%             | 2030-10-14      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140XBD56<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1135928 | PA      | $1167335.90   | 0.77%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL            | Anglo American Capital PLC                                                      | CUSIP: 034863BA7<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |    919000 | PA      | $789341.63    | 0.52%             | 2031-03-17      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3138XJ3N5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1287565 | PA      | $1275961.47   | 0.85%             | 2044-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                   | United States Treasury Note/Bond                                                | CUSIP: 912810QA9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3044000 | PA      | $3012370.95   | 2.00%             | 2039-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH               | CommonSpirit Health                                                             | CUSIP: 20268JAB9<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |   1737000 | PA      | $1559198.79   | 1.03%             | 2029-10-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                   | United States Treasury Note/Bond                                                | CUSIP: 912810SY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7180000 | PA      | $5727171.88   | 3.80%             | 2041-05-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| PULTEGROUP INC                    | PulteGroup Inc                                                                  | CUSIP: 745867AX9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    761000 | PA      | $764435.64    | 0.51%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140XGHB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    592843 | PA      | $566214.78    | 0.38%             | 2050-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                   | United States Treasury Note/Bond                                                | CUSIP: 912810SC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1998000 | PA      | $1801634.06   | 1.19%             | 2048-05-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                   | United States Treasury Note/Bond                                                | CUSIP: 912828X88<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3141000 | PA      | $2979287.56   | 1.97%             | 2027-05-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3138EGNM2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2459202 | PA      | $2499259.98   | 1.66%             | 2041-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC               | Dominion Energy Inc                                                             | CUSIP: 25746UDD8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    978000 | PA      | $912376.20    | 0.60%             | N/A             | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140X4MG8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    332984 | PA      | $325996.12    | 0.22%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A    | California Health Facilities Financing Authority                                | CUSIP: 13032UD88<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    775000 | PA      | $742037.78    | 0.49%             | 2037-06-01      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                   | United States Treasury Note/Bond                                                | CUSIP: 912828XX3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4636000 | PA      | $4474102.16   | 2.97%             | 2024-06-30      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO               | JPMorgan Chase & Co                                                             | CUSIP: 46647PCP9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1280000 | PA      | $1133952.67   | 0.75%             | 2027-09-22      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC               | Ashtead Capital Inc                                                             | CUSIP: 045054AN3<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   1786000 | PA      | $1572267.79   | 1.04%             | 2026-08-12      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3138WJUH9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    478040 | PA      | $457134.84    | 0.30%             | 2047-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA          | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MAU9<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1650000 | PA      | $1543641.78   | 1.02%             | 2024-10-29      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140QGTB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1144332 | PA      | $1111224.62   | 0.74%             | 2051-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140JADN5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    869690 | PA      | $893199.20    | 0.59%             | 2049-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO              | Kraft Heinz Foods Co                                                            | CUSIP: 50077LBC9<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |   1518000 | PA      | $1478842.28   | 0.98%             | 2027-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140Q94L4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1540221 | PA      | $1523923.69   | 1.01%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                       | Freddie Mac Pool                                                                | CUSIP: 3132CWDA9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2673592 | PA      | $2513152.26   | 1.67%             | 2034-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO                | Sonoco Products Co                                                              | CUSIP: 835495AP7<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |   1852000 | PA      | $1581272.47   | 1.05%             | 2032-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: —       |
| MICROSOFT CORP                    | Microsoft Corp                                                                  | CUSIP: 594918CC6<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |   2165000 | PA      | $1542807.34   | 1.02%             | 2050-06-01      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| FIXED INCOME CLEARING CORPORATION | FICC                                                                            | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |   1705000 | PA      | $1705000.00   | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Freddie Mac                       | Freddie Mac Pool                                                                | CUSIP: 3132DVKU8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3216304 | PA      | $2989382.71   | 1.98%             | 2049-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                       | Freddie Mac Pool                                                                | CUSIP: 3132DNDU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    293411 | PA      | $298183.08    | 0.20%             | 2048-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY             | Wells Fargo & Co                                                                | CUSIP: 95000U2M4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1411000 | PA      | $1391116.10   | 0.92%             | 2051-04-04      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140X6ST9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   3192079 | PA      | $3079347.98   | 2.04%             | 2047-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC                          | AT&T Inc                                                                        | CUSIP: 00206RBH4<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1710000 | PA      | $1509372.54   | 1.00%             | 2042-12-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                 | Sysco Corp                                                                      | CUSIP: 871829BK2<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |   2284000 | PA      | $1979993.94   | 1.31%             | 2030-02-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| RBC DOMINION SECURITIES INC.      | RBC DOMINION SECURITIES INC                                                     | CUSIP: 000000000<br>LEI: 549300QJJX6CVVUXLE15 | Long             | RA               | CORP              | US        |   1000000 | PA      | $1000000.00   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                    | Morgan Stanley                                                                  | CUSIP: 6174468G7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1624000 | PA      | $1582558.36   | 1.05%             | 2030-01-23      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP            | Bank of New York Mellon Corp/The                                                | CUSIP: 06406FAE3<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    937000 | PA      | $875440.63    | 0.58%             | 2026-08-17      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3138EPPP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    616332 | PA      | $594748.27    | 0.39%             | 2044-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                       | Freddie Mac Gold Pool                                                           | CUSIP: 3128MABS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    488443 | PA      | $471619.48    | 0.31%             | 2044-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                       | Freddie Mac Pool                                                                | CUSIP: 3133KJRP9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1349982 | PA      | $1193560.94   | 0.79%             | 2050-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                     | Citigroup Inc                                                                   | CUSIP: 172967ME8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1677000 | PA      | $1577091.72   | 1.05%             | 2030-03-20      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS          | Discovery Communications LLC                                                    | CUSIP: 25470DAR0<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |   1766000 | PA      | $1650525.92   | 1.09%             | 2028-03-20      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BLOCK FINANCIAL LLC               | Block Financial LLC                                                             | CUSIP: 093662AH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1667000 | PA      | $1497963.85   | 0.99%             | 2030-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNIV OF CALIFORNIA CA REVENUES    | University of California                                                        | CUSIP: 91412HFG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1240417.65   | 0.82%             | 2029-07-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                   | United States Treasury Note/Bond                                                | CUSIP: 912810SU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3958000 | PA      | $2726845.54   | 1.81%             | 2051-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                   | United States Treasury Note/Bond                                                | CUSIP: 912810PU6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    978000 | PA      | $1140019.45   | 0.76%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST SCH BLDG AUTH    | Massachusetts School Building Authority                                         | CUSIP: 576000ZJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2017000 | PA      | $1711880.95   | 1.13%             | 2030-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140XF4T5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    756189 | PA      | $728389.45    | 0.48%             | 2038-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                     | State of California                                                             | CUSIP: 13063A5G5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2410000 | PA      | $3209254.81   | 2.13%             | 2039-04-01      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3138EQRK0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    125676 | PA      | $123156.83    | 0.08%             | 2030-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO               | American Express Co                                                             | CUSIP: 025816CH0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    973000 | PA      | $860910.18    | 0.57%             | N/A             | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140X9MS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1392223 | PA      | $1375521.55   | 0.91%             | 2044-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140XH2V8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    463484 | PA      | $461432.98    | 0.31%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3138ETYQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    864534 | PA      | $831724.18    | 0.55%             | 2045-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM CRP / CAYMN FI           | Broadcom Corp / Broadcom Cayman Finance Ltd                                     | CUSIP: 11134LAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |   1808000 | PA      | $1742087.10   | 1.15%             | 2027-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP               | American Tower Corp                                                             | CUSIP: 03027XAR1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |   1680000 | PA      | $1579399.55   | 1.05%             | 2028-01-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                        | Fannie Mae Pool                                                                 | CUSIP: 3140XDML7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    379995 | PA      | $366028.01    | 0.24%             | 2038-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                       | MetLife Inc                                                                     | CUSIP: 59156RCA4<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   1409000 | PA      | $1340961.12   | 0.89%             | N/A             | Fixed         | 3.85%                 | No            |                  2 | On Loan: —       |
| NATIONAL RURAL UTIL COOP          | National Rural Utilities Cooperative Finance Corp                               | CUSIP: 637432NW1<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   2024000 | PA      | $1558117.66   | 1.03%             | 2031-03-15      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                  | Crown Castle Inc                                                                | CUSIP: 22822VAE1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1745911.31   | 1.16%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP          | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175CD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1676452.82   | 1.11%             | 2029-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS            | Verizon Communications Inc                                                      | CUSIP: 92343VES9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   3403000 | PA      | $3275803.38   | 2.17%             | 2029-02-08      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE          | Walgreens Boots Alliance Inc                                                    | CUSIP: 931427AC2<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |   1593000 | PA      | $1414916.17   | 0.94%             | 2044-11-18      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| FORD FOUNDATION/THE               | Ford Foundation/The                                                             | CUSIP: 34531XAB0<br>LEI: 54930013YZ3DULPNNT44 | Long             | DBT              | CORP              | US        |   2207000 | PA      | $1529003.77   | 1.01%             | 2050-06-01      | Fixed         | 2.42%                 | No            |                  2 | On Loan: No      |
| NORTHERN STATES PWR-MINN          | Northern States Power Co/MN                                                     | CUSIP: 665772CR8<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $728313.26    | 0.48%             | 2050-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-17

**Name of Applicant:** AMG Funds I

**Signature:** Thomas Disbrow

**Name of Signer:** Thomas Disbrow

**Title:** Principal Financial Officer