# EDGAR Filing Document

**Accession Number:** 0000720309
**File Stem:** 0001752724-23-009965
**Filing Date:** 2023-1
**Character Count:** 27363
**Document Hash:** df2c4c29d29df9801a7789af8a783571
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-009965.hdr.sgml**: 20230124

**ACCESSION NUMBER**: 0001752724-23-009965

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230124

**DATE AS OF CHANGE**: 20230124

**PERIOD START**: 20230531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMG FUNDS III
- **CENTRAL INDEX KEY:** 0000720309
- **IRS NUMBER:** 222528211
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03752
- **FILM NUMBER:** 23548930

**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 FUNDS
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MANAGEMENT OF MANAGERS GROUP OF FUNDS
- **DATE OF NAME CHANGE:** 19910429

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MANAGEMENT OF MANAGERS CAPITAL APPRECIATION FUND
- **DATE OF NAME CHANGE:** 19881214

## Series and Classes Contracts Data

### AMG GW&K International Small Cap Fund (Series ID: S000029672)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000091187 | Class N      | MECAX           |
| C000091188 | Class I      | MECIX           |
| C000188985 | Class Z      | MECZX           |

## 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 III

- **b. Investment Company Act file number:** 811-03752

- **c. CIK number of Registrant:** 0000720309

- **d. LEI of Registrant:** 5493007NETBE5Y5V1962

- **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 International Small Cap Fund

- **b. EDGAR series identifier (if any):** S000029672

- **c. LEI of Series:** 549300WS5AD3OPLVWO83

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

- **a. Date of fiscal year-end:** 2023-05-31

- **b. Date as of which information is reported:** 2022-11-30

**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:** $33121306.66

**Total Liabilities:** $1487603.83

**Net Assets:** $31633702.83

**Cash Not Reported:** $345825.64

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000188985 | -10.38%              | 5.07%                | 10.65%               |
| Class ID C000091187 | -10.41%              | 5.07%                | 10.60%               |
| Class ID C000091188 | -10.39%              | 5.07%                | 10.64%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $45281.31                | $-3455256.50                               |
| Month 2  | $-930729.04              | $2330519.64                                |
| Month 3  | $-410664.85              | $3421838.78                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Yamazen Corp                       | Yamazen Corp                          | CUSIP: 000000000<br>LEI: 353800VADDW91MPELT42 | Long             | EC               | CORP              | JP        |     52175 | NS      | $381791.06    | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Max Stock Ltd                      | Max Stock Ltd                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |    163157 | NS      | $265572.52    | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Enad Global 7 AB                   | Enad Global 7 AB                      | CUSIP: 000000000<br>LEI: 549300OBCTAOBEEVN513 | Long             | EC               | CORP              | SE        |    115628 | NS      | $301798.88    | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Ten Pao Group Holdings Ltd         | Ten Pao Group Holdings Ltd            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |   1921700 | NS      | $295231.69    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| FE CONSORT INTL                    | Far East Consortium International Ltd | CUSIP: 000000000<br>LEI: 54930031259IQB0EH527 | Long             | EC               | CORP              | HK        |   1980714 | NS      | $471348.54    | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Yossix Holdings Co Ltd             | Yossix Holdings Co Ltd                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     25904 | NS      | $399179.87    | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Inabata & Co Ltd                   | Inabata & Co Ltd                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     23800 | NS      | $412125.71    | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Corticeira Amorim SGPS SA          | Corticeira Amorim SGPS SA             | CUSIP: 000000000<br>LEI: 213800J5M11TDEP3LQ76 | Long             | EC               | CORP              | PT        |     47248 | NS      | $438071.46    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Hardwoods Distribution Inc         | Hardwoods Distribution Inc            | CUSIP: 412422107<br>LEI: 254900S1MZ7WZBPR5U32 | Long             | EC               | CORP              | CA        |     22749 | NS      | $440046.82    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| FIXED INCOME CLEARING CORPORATION  | FICC                                  | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |    804000 | PA      | $804000.00    | 2.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Mazda Motor Corp                   | Mazda Motor Corp                      | CUSIP: 000000000<br>LEI: 52990044YZJLICDQKK92 | Long             | EC               | CORP              | JP        |     52055 | NS      | $413860.48    | 1.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Vidrala SA                         | Vidrala SA                            | CUSIP: 000000000<br>LEI: 95980020140005399488 | Long             | EC               | CORP              | ES        |      6239 | NS      | $520181.77    | 1.64%             |  |  |  | No            |                  2 | On Loan: —       |
| Elopak ASA                         | Elopak ASA                            | CUSIP: 000000000<br>LEI: 529900BIDQN2AOKV6N08 | Long             | EC               | CORP              | NO        |    176008 | NS      | $445922.44    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Rheinmetall AG                     | Rheinmetall AG                        | CUSIP: 000000000<br>LEI: 5299001OU9CSE29O6S05 | Long             | EC               | CORP              | DE        |      3895 | NS      | $796041.02    | 2.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Sedana Medical AB                  | Sedana Medical AB                     | CUSIP: 000000000<br>LEI: 549300FQ3NJRI56LCX32 | Long             | EC               | CORP              | SE        |     64918 | NS      | $120161.15    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Esprinet SpA                       | Esprinet SpA                          | CUSIP: 000000000<br>LEI: 8156007E3375956ADD08 | Long             | EC               | CORP              | IT        |     48458 | NS      | $358233.45    | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |
| GVS SpA                            | GVS SpA                               | CUSIP: 000000000<br>LEI: 81560013EACB40B52D17 | Long             | EC               | CORP              | IT        |     47912 | NS      | $168353.70    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Creek & River Co Ltd               | Creek & River Co Ltd                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     35000 | NS      | $529434.17    | 1.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Ai Holdings Corp                   | Ai Holdings Corp                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     28350 | NS      | $461713.56    | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Embracer Group AB                  | Embracer Group AB                     | CUSIP: 000000000<br>LEI: 549300RFXXKT652HB549 | Long             | EC               | CORP              | SE        |     71094 | NS      | $305415.18    | 0.97%             |  |  |  | No            |                  2 | On Loan: —       |
| Omni Bridgeway Ltd                 | Omni Bridgeway Ltd                    | CUSIP: 000000000<br>LEI: 529900T4EL2A89FPP865 | Long             | EC               | CORP              | AU        |    263151 | NS      | $781958.63    | 2.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Hill & Smith PLC                   | Hill & Smith PLC                      | CUSIP: 000000000<br>LEI: 2138003A3ISGQZBOWI83 | Long             | EC               | CORP              | GB        |     28791 | NS      | $420460.43    | 1.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Digital Information Technologi     | Digital Information Technologies Corp | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     46146 | NS      | $675153.68    | 2.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Siegfried Holding AG               | Siegfried Holding AG                  | CUSIP: 000000000<br>LEI: 506700J9QD6IF3937W06 | Long             | EC               | CORP              | CH        |       590 | NS      | $399674.26    | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Digital Hearts Holdings Co Ltd     | Digital Hearts Holdings Co Ltd        | CUSIP: 000000000<br>LEI: 353800YFGI3U64VW0H08 | Long             | EC               | CORP              | JP        |     45075 | NS      | $632306.32    | 2.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Eagle Cement Corp                  | Eagle Cement Corp                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |   1411214 | NS      | $540183.58    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| MIPS AB                            | MIPS AB                               | CUSIP: 000000000<br>LEI: 549300LZSA4S0L54VQ25 | Long             | EC               | CORP              | SE        |      4765 | NS      | $184141.27    | 0.58%             |  |  |  | No            |                  2 | On Loan: —       |
| Paradox Interactive AB             | Paradox Interactive AB                | CUSIP: 000000000<br>LEI: 529900QNSZUY53R5WW95 | Long             | EC               | CORP              | SE        |     30350 | NS      | $571111.93    | 1.81%             |  |  |  | No            |                  2 | On Loan: No      |
| UT Group Co Ltd                    | UT Group Co Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     29700 | NS      | $594080.43    | 1.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Nissin Foods Co Ltd                | Nissin Foods Co Ltd                   | CUSIP: 000000000<br>LEI: 353800BDH75N9VLV9Z07 | Long             | EC               | CORP              | HK        |    477250 | NS      | $398984.41    | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Sarantis SA                        | Sarantis SA                           | CUSIP: 000000000<br>LEI: 21380078FJXYHFE8KP46 | Long             | EC               | CORP              | GR        |     50095 | NS      | $337794.99    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Clarkson PLC                       | Clarkson PLC                          | CUSIP: 000000000<br>LEI: 2138007G6BGTEHI3OT22 | Long             | EC               | CORP              | GB        |     12036 | NS      | $449259.08    | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Richelieu Hardware Ltd             | Richelieu Hardware Ltd                | CUSIP: 76329W103<br>LEI: 5493007VPNETW465DN04 | Long             | EC               | CORP              | CA        |     16350 | NS      | $474157.90    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Unibrew A/S                  | Royal Unibrew A/S                     | CUSIP: 000000000<br>LEI: 529900D69KFL8IAP8Q63 | Long             | EC               | CORP              | DK        |      4696 | NS      | $322167.30    | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Concept Corp                | Nippon Concept Corp                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     37921 | NS      | $483702.22    | 1.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Riverstone Holdings Ltd            | Riverstone Holdings Ltd               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    656100 | NS      | $304718.73    | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Garrett Motion Inc                 | Garrett Motion Inc                    | CUSIP: 366505105<br>LEI: 549300LS5WT7EMBNV724 | Long             | EC               | CORP              | CH        |     63465 | NS      | $449332.20    | 1.42%             |  |  |  | No            |                  1 | On Loan: —       |
| DMG Mori Co Ltd                    | DMG Mori Co Ltd                       | CUSIP: 000000000<br>LEI: 353800P4I3FIXTQV2E13 | Long             | EC               | CORP              | JP        |     33000 | NS      | $445730.00    | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Senshu Electric Co Ltd             | Senshu Electric Co Ltd                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     31740 | NS      | $648114.95    | 2.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Delta Plus Group                   | Delta Plus Group                      | CUSIP: 000000000<br>LEI: 969500U6FT40W3C2CX75 | Long             | EC               | CORP              | FR        |      5903 | NS      | $430600.59    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| DAIWA CAPITAL MARKETS AMERICA INC. | DAIWA CAPITAL MARKETS AMERICA         | CUSIP: 000000000<br>LEI: M67H5PRC0NQKM73ZAS82 | Long             | RA               | CORP              | US        |    391322 | PA      | $391322.00    | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Altus Group Ltd/Canada             | Altus Group Ltd/Canada                | CUSIP: 02215R107<br>LEI: 54930041VO1EIY4IV355 | Long             | EC               | CORP              | CA        |     12137 | NS      | $480282.88    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified Energy Co PLC          | Diversified Energy Co PLC             | CUSIP: 000000000<br>LEI: 213800YR9TFRVHPGOS67 | Long             | EC               | CORP              | US        |    388850 | NS      | $594262.73    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC DOMINION SECURITIES INC.       | RBC DOMINION SECURITIES INC           | CUSIP: 000000000<br>LEI: 549300QJJX6CVVUXLE15 | Long             | RA               | CORP              | US        |   1000000 | PA      | $1000000.00   | 3.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Howden Joinery Group PLC           | Howden Joinery Group PLC              | CUSIP: 000000000<br>LEI: 213800KC1LJOJTY3JP45 | Long             | EC               | CORP              | GB        |     62070 | NS      | $441072.10    | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Stabilus SE                        | Stabilus SE                           | CUSIP: 000000000<br>LEI: 529900JOSL94HJN4VZ28 | Long             | EC               | CORP              | DE        |      7446 | NS      | $478220.44    | 1.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Nihon Falcom Corp                  | Nihon Falcom Corp                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     41025 | NS      | $364717.67    | 1.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Fluidra SA                         | Fluidra SA                            | CUSIP: 000000000<br>LEI: 95980020140005026620 | Long             | EC               | CORP              | ES        |     13247 | NS      | $200241.98    | 0.63%             |  |  |  | No            |                  2 | On Loan: —       |
| Micro-Star International Co Lt     | Micro-Star International Co Ltd       | CUSIP: 000000000<br>LEI: 254900F4E0BDGJSSD870 | Long             | EC               | CORP              | TW        |    121500 | NS      | $489655.96    | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Calian Group Ltd                   | Calian Group Ltd                      | CUSIP: 12989J108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      9682 | NS      | $480375.18    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| FULLCAST Holdings Co Ltd           | FULLCAST Holdings Co Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     30900 | NS      | $699587.93    | 2.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Kitron ASA                         | Kitron ASA                            | CUSIP: 000000000<br>LEI: 5967007LIEEXZXIG6009 | Long             | EC               | CORP              | NO        |    330706 | NS      | $797038.20    | 2.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Huhtamaki Oyj                      | Huhtamaki Oyj                         | CUSIP: 000000000<br>LEI: 5493007050SJVMXN6L29 | Long             | EC               | CORP              | FI        |     14916 | NS      | $545226.66    | 1.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Kusuri no Aoki Holdings Co Ltd     | Kusuri no Aoki Holdings Co Ltd        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      9175 | NS      | $507783.23    | 1.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Nisso Corp                         | Nisso Corp                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     77700 | NS      | $340949.86    | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Becle SAB de CV                    | Becle SAB de CV                       | CUSIP: 000000000<br>LEI: 529900JY55CZKMJLCE09 | Long             | EC               | CORP              | MX        |    226150 | NS      | $509640.41    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Marshalls PLC                      | Marshalls PLC                         | CUSIP: 000000000<br>LEI: 213800S21IFC367J5V62 | Long             | EC               | CORP              | GB        |     82199 | NS      | $286357.09    | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Alliance Global Group Inc          | Alliance Global Group Inc             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |   3263816 | NS      | $565269.68    | 1.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Hamee Corp                         | Hamee Corp                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     47208 | NS      | $305745.40    | 0.97%             |  |  |  | No            |                  2 | On Loan: —       |
| Nippon Parking Development Co      | Nippon Parking Development Co Ltd     | CUSIP: 000000000<br>LEI: 353800OBX8MRKQA9PG73 | Long             | EC               | CORP              | JP        |    355475 | NS      | $636711.92    | 2.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Argo Graphics Inc                  | Argo Graphics Inc                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     21525 | NS      | $599445.34    | 1.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Alconix Corp                       | Alconix Corp                          | CUSIP: 000000000<br>LEI: 353800I6G1YH2ATQZK47 | Long             | EC               | CORP              | JP        |     25500 | NS      | $245905.87    | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Arjo AB                            | Arjo AB                               | CUSIP: 000000000<br>LEI: 549300OWGJPYKC6JF790 | Long             | EC               | CORP              | SE        |     62812 | NS      | $249603.11    | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Hilton Food Group PLC              | Hilton Food Group PLC                 | CUSIP: 000000000<br>LEI: 213800JY7VJFS2OOX355 | Long             | EC               | CORP              | GB        |     37190 | NS      | $244105.43    | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| PATRIZIA SE                        | PATRIZIA SE                           | CUSIP: 000000000<br>LEI: 5299002NZCMF1NIHZ018 | Long             | EC               | CORP              | DE        |     21887 | NS      | $216217.47    | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Hosokawa Micron Corp               | Hosokawa Micron Corp                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     17550 | NS      | $377826.98    | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Haw Par Corp Ltd                   | Haw Par Corp Ltd                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |     55900 | NS      | $382902.66    | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Gift Holdings Inc                  | Gift Holdings Inc                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     22237 | NS      | $642936.38    | 2.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Mayr Melnhof Karton AG             | Mayr Melnhof Karton AG                | CUSIP: 000000000<br>LEI: 5299001AMHDLKUM80611 | Long             | EC               | CORP              | AT        |      2524 | NS      | $428646.06    | 1.36%             |  |  |  | No            |                  2 | On Loan: No      |
| RS GROUP PLC                       | RS GROUP PLC                          | CUSIP: 000000000<br>LEI: 549300KVXDURRKVW7R37 | Long             | EC               | CORP              | GB        |     33900 | NS      | $377020.15    | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Herdez SAB de CV             | Grupo Herdez SAB de CV                | CUSIP: 000000000<br>LEI: 4469000001BQVIMOLQ55 | Long             | EC               | CORP              | MX        |    155631 | NS      | $318537.79    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ergomed PLC                        | Ergomed PLC                           | CUSIP: 000000000<br>LEI: 213800BVS8I9VMC1AP84 | Long             | EC               | CORP              | GB        |     31952 | NS      | $511342.48    | 1.62%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-19

**Name of Applicant:** AMG Funds III

**Signature:** Thomas Disbrow

**Name of Signer:** Thomas Disbrow

**Title:** Principal Financial Officer