# EDGAR Filing Document

**Accession Number:** 0000912036
**File Stem:** 0000940400-25-003025
**Filing Date:** 2025-9
**Character Count:** 28792
**Document Hash:** 79fbdd08a744baffac9f6d778b4d2b3c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-003025.hdr.sgml**: 20250929

**ACCESSION NUMBER**: 0000940400-25-003025

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250929

**DATE AS OF CHANGE**: 20250929

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMG Funds IV
- **CENTRAL INDEX KEY:** 0000912036

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08004
- **FILM NUMBER:** 251353188

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

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

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

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

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

## Series and Classes Contracts Data

### AMG River Road Focused Absolute Value Fund (Series ID: S000051381)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000161967 | CLASS I SHARES | AFAVX           |
| C000161968 | CLASS N SHARES | ARRFX           |
| C000194575 | CLASS Z Shares | ARRZX           |

## Nport-Ex

AMG River Road Focused Absolute Value Fund

Schedule of Portfolio Investments *(unaudited)*

July 31, 2025

---

| | | |
|:---|:---|:---|
|  | Shares | &nbsp;&nbsp;Value |
| **Common Stocks - 98.3%** |  |  |
| &nbsp;&nbsp;&nbsp;**Communication Services - 0.0%** |  |  |
| &nbsp;&nbsp;&nbsp;GCI Liberty, Inc. Escrow Share<sup>\*,1,2</sup> | 108700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 |
| &nbsp;&nbsp;&nbsp;**Consumer Discretionary - 10.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Lennar Corp., Class A<sup>3</sup> | &nbsp;&nbsp;&nbsp;9944 | &nbsp;&nbsp;&nbsp;&nbsp;1115518 |
| &nbsp;&nbsp;&nbsp;Lululemon Athletica, Inc. (Canada)<sup>\*</sup> | &nbsp;&nbsp;&nbsp;5936 | &nbsp;&nbsp;&nbsp;&nbsp;1190346 |
| &nbsp;&nbsp;&nbsp;LVMH Moet Hennessy Louis Vuitton SE, ADR (France) | &nbsp;&nbsp;&nbsp;&nbsp;14511 | &nbsp;&nbsp;&nbsp;&nbsp;1561674 |
| &nbsp;&nbsp;&nbsp;Murphy USA, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3914 | &nbsp;&nbsp;&nbsp;&nbsp;1418747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Consumer Discretionary |  | &nbsp;&nbsp;&nbsp;5286285 |
| &nbsp;&nbsp;&nbsp;**Consumer Staples - 7.8%** |  |  |
| &nbsp;&nbsp;&nbsp;BJ's Wholesale Club Holdings, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;12441 | &nbsp;&nbsp;&nbsp;&nbsp;1317502 |
| &nbsp;&nbsp;&nbsp;Diageo PLC, ADR (United Kingdom) | &nbsp;&nbsp;&nbsp;14897 | &nbsp;&nbsp;&nbsp;&nbsp;1459161 |
| &nbsp;&nbsp;&nbsp;Unilever PLC, Sponsored ADR (United Kingdom) | &nbsp;&nbsp;20240 | &nbsp;&nbsp;&nbsp;&nbsp;1182623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Consumer Staples |  | &nbsp;&nbsp;&nbsp;3959286 |
| &nbsp;&nbsp;&nbsp;**Energy - 1.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Delek US Holdings, Inc. | &nbsp;&nbsp;40888 | &nbsp;&nbsp;&nbsp;&nbsp;914665 |
| &nbsp;&nbsp;&nbsp;**Financials - 22.2%** |  |  |
| &nbsp;&nbsp;&nbsp;Assured Guaranty, Ltd. (Bermuda) | &nbsp;&nbsp;18904 | &nbsp;&nbsp;&nbsp;1598900 |
| &nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc., Class B<sup>\*</sup> | &nbsp;&nbsp;&nbsp;5304 | &nbsp;&nbsp;&nbsp;&nbsp;2502851 |
| &nbsp;&nbsp;&nbsp;Fairfax Financial Holdings, Ltd. (Canada) | &nbsp;&nbsp;&nbsp;&nbsp;1220 | &nbsp;&nbsp;&nbsp;&nbsp;2164597 |
| &nbsp;&nbsp;&nbsp;Fiserv, Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;9723 | &nbsp;&nbsp;&nbsp;&nbsp;1350914 |
| &nbsp;&nbsp;&nbsp;The Progressive Corp. | &nbsp;&nbsp;&nbsp;&nbsp;5788 | &nbsp;&nbsp;&nbsp;1400928 |
| &nbsp;&nbsp;&nbsp;Willis Towers Watson PLC (United Kingdom) | &nbsp;&nbsp;&nbsp;&nbsp;7031 | &nbsp;&nbsp;&nbsp;2220460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Financials |  | &nbsp;&nbsp;11238650 |
| &nbsp;&nbsp;&nbsp;**Health Care - 16.2%** |  |  |
| &nbsp;&nbsp;&nbsp;The Cooper Cos., Inc.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;28727 | &nbsp;&nbsp;&nbsp;&nbsp;2030712 |
| &nbsp;&nbsp;&nbsp;GE HealthCare Technologies, Inc. | &nbsp;&nbsp;&nbsp;24617 | &nbsp;&nbsp;&nbsp;&nbsp;1755684 |
| &nbsp;&nbsp;&nbsp;Haemonetics Corp.<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;19191 | &nbsp;&nbsp;&nbsp;&nbsp;1420902 |
| &nbsp;&nbsp;&nbsp;Labcorp Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;981282 |
| &nbsp;&nbsp;&nbsp;Smith & Nephew PLC, Sponsored ADR (United Kingdom)<sup>3</sup> | &nbsp;&nbsp;65935 | &nbsp;&nbsp;&nbsp;&nbsp;2014973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Health Care |  | &nbsp;&nbsp;&nbsp;8203553 |
| &nbsp;&nbsp;&nbsp;**Industrials - 27.5%** |  |  |
| &nbsp;&nbsp;&nbsp;CACI International, Inc., Class A<sup>\*</sup> | &nbsp;&nbsp;&nbsp;3568 | &nbsp;&nbsp;&nbsp;&nbsp;1643314 |

---

---

| | | |
|:---|:---|:---|
|  | Shares | &nbsp;&nbsp;Value |
| &nbsp;&nbsp;&nbsp;CNH Industrial, N.V. (United Kingdom) | 96559 | &nbsp;&nbsp;&nbsp;$1251404 |
| &nbsp;&nbsp;&nbsp;CSX Corp. | &nbsp;&nbsp;48315 | &nbsp;&nbsp;&nbsp;&nbsp;1717115 |
| &nbsp;&nbsp;&nbsp;GXO Logistics, Inc.<sup>\*</sup> | &nbsp;&nbsp;39801 | &nbsp;&nbsp;&nbsp;1978508 |
| &nbsp;&nbsp;&nbsp;McGrath RentCorp | &nbsp;&nbsp;16130 | &nbsp;&nbsp;&nbsp;2012863 |
| &nbsp;&nbsp;&nbsp;Rentokil Initial PLC, Sponsored ADR (United Kingdom) | 64829 | &nbsp;&nbsp;&nbsp;&nbsp;1605814 |
| &nbsp;&nbsp;&nbsp;SS&C Technologies Holdings, Inc. | 25346 | &nbsp;&nbsp;&nbsp;&nbsp;2166576 |
| &nbsp;&nbsp;&nbsp;WESCO International, Inc. | &nbsp;&nbsp;&nbsp;7307 | &nbsp;&nbsp;&nbsp;&nbsp;1512257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Industrials |  | &nbsp;&nbsp;13887851 |
| &nbsp;&nbsp;&nbsp;**Materials - 4.6%** |  |  |
| &nbsp;&nbsp;&nbsp;CRH PLC | &nbsp;&nbsp;24311 | &nbsp;&nbsp;&nbsp;2320485 |
| &nbsp;&nbsp;&nbsp;**Real Estate - 4.0%** |  |  |
| &nbsp;&nbsp;&nbsp;Mid-America Apartment Communities, Inc., REIT | &nbsp;&nbsp;14082 | &nbsp;&nbsp;&nbsp;2005699 |
| &nbsp;&nbsp;&nbsp;**Utilities - 3.7%** |  |  |
| &nbsp;&nbsp;&nbsp;Northwestern Energy Group, Inc. | 34539 | &nbsp;&nbsp;&nbsp;&nbsp;1854744 |
| **Total Common Stocks<br> (Cost $43,123,884)** |  | &nbsp;&nbsp;&nbsp;49671218 |

---

---

| | | |
|:---|:---|:---|
|  | Principal<br> Amount |  |
| **Short-Term Investments - 1.9%** |  |  |
| &nbsp;&nbsp;&nbsp;**Joint Repurchase Agreements - 0.1%<sup>4</sup>** |  |  |
| &nbsp;&nbsp;&nbsp;Citadel Securities LLC, dated 07/31/25, due 08/01/25, 4.430% total to be received $79,010 (collateralized by various U.S. Treasuries, 0.000% - 5.000%, 08/14/25 - 05/15/55, totaling $80,590) | $79000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79000 |
| &nbsp;&nbsp;&nbsp;**Repurchase Agreements - 1.8%** |  |  |
| &nbsp;&nbsp;&nbsp;Fixed Income Clearing Corp., dated 07/31/25, due 08/01/25, 4.100% total to be received $917,104 (collateralized by a U.S. Treasury Note, 3.375%, 09/15/27, totaling $935,428) | &nbsp;&nbsp;917000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;917000 |
| **Total Short-Term Investments<br> (Cost $996,000)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;996000 |
| **Total Investments - 100.2%<br> (Cost $44,119,884)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50667218 |
| **Other Assets, less Liabilities - (0.2)%** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (124472) |
| **Net Assets - 100.0%** |  | &nbsp;&nbsp;**$50542746** |

---

------

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

<sup>1</sup> Security's value was determined by using significant unobservable inputs.

<sup>2</sup> This security is restricted and not available for re-sale. Liberty Broadband Corp. ("Liberty") acquired GCI Liberty, Inc. on December 21, 2020. On May 24, 2023, Liberty shareholders received GCI Liberty, Inc. Escrow Shares for potential proceeds from a pending class action lawsuit. The market value of the escrow shares was $0 on the date of the distribution. At July 31, 2025, the cost and market value of the escrow shares is $0, which represents 0% of net assets.

<sup>3</sup> Some of these securities, amounting to $3,099,104 or 6.1% of net assets, were out on loan to various borrowers and are collateralized by cash and various U.S. Treasury Obligations. See below for more information.

<sup>4</sup> Cash collateral received for securities lending activity was invested in these joint repurchase agreements.

ADR American Depositary Receipt <br> REIT Real Estate Investment Trust

------

AMG River Road Focused Absolute Value Fund

Schedule of Portfolio Investments *(continued)*

The following table summarizes the inputs used to value the Fund's investments by the fair value hierarchy levels as of July 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;**Investments in Securities** | &nbsp;&nbsp;**Investments in Securities** | &nbsp;&nbsp;**Investments in Securities** | &nbsp;&nbsp;**Investments in Securities** | &nbsp;&nbsp;**Investments in Securities** |
| &nbsp;&nbsp;&nbsp;**Common Stocks** | &nbsp;&nbsp;&nbsp;**Common Stocks** | &nbsp;&nbsp;&nbsp;**Common Stocks** | &nbsp;&nbsp;&nbsp;**Common Stocks** | &nbsp;&nbsp;&nbsp;**Common Stocks** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Industrials | &nbsp;&nbsp; $13887851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; $13887851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financials | &nbsp;&nbsp;&nbsp;&nbsp; 11238650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 11238650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health Care | &nbsp;&nbsp;&nbsp;&nbsp; 8203553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8203553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Discretionary | &nbsp;&nbsp;&nbsp;&nbsp; 5286285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 5286285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consumer Staples | &nbsp;&nbsp;&nbsp;&nbsp; 3959286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3959286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Materials | &nbsp;&nbsp;&nbsp;&nbsp; 2320485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2320485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Real Estate | &nbsp;&nbsp;&nbsp;&nbsp; 2005699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2005699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Utilities | &nbsp;&nbsp;&nbsp;&nbsp; 1854744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1854744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Energy | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 914665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 914665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Communication Services | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;**Short-Term Investments** | &nbsp;&nbsp;&nbsp;**Short-Term Investments** | &nbsp;&nbsp;&nbsp;**Short-Term Investments** | &nbsp;&nbsp;&nbsp;**Short-Term Investments** | &nbsp;&nbsp;&nbsp;**Short-Term Investments** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Joint Repurchase Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; $79000 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 79000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Repurchase Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 917000 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 917000 |
| &nbsp;&nbsp;**Total Investments in Securities** | &nbsp;&nbsp;$49671218 | &nbsp;&nbsp;$996000 | &nbsp;&nbsp;$0 | &nbsp;&nbsp;$50667218 |

---

The Level 3 common stock held at July 31, 2025, was received as a result of a corporate action. The security's value of $0 was determined by using significant unobservable inputs, which generated a change in unrealized depreciation of $0.

For the period ended July 31, 2025, there were no transfers in or out of Level 3. The Fund did not have any purchases and sales of Level 3 securities for the same period.

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 July 31, 2025, 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** |
| $3099104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $79000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $3107590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $3186590 |

---

The following table summarizes the securities received as collateral for securities lending at July 31, 2025:

---

| | | |
|:---|:---|:---|
| **Collateral<br> Type** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Coupon<br> Range** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Maturity<br> Date Range** |
| U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.125%-4.875% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10/15/25-02/15/48 |

---

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

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Stamford

  - **State:** CT

  - **Foreign country:** US

  - **Zip / Postal Code:** 06901

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

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

- **a. Name of Series:** AMG River Road Focused Absolute Value Fund

- **b. EDGAR series identifier (if any):** S000051381

- **c. LEI of Series:** 549300E3OLMEVUTKXM49

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $50702279.11

**Total Liabilities:** $158797.05

**Net Assets:** $50543482.06

**Cash Not Reported:** $11704.36

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000161967 | 0.97%                | 2.28%                | -0.22%               |
| Class ID C000194575 | 1.04%                | 2.21%                | -0.22%               |
| Class ID C000161968 | 0.97%                | 2.28%                | -0.29%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $888144.33               | $-461055.92                                |
| Month 2  | $-48446.64               | $1138907.88                                |
| Month 3  | $263666.31               | $-371491.13                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| GE HealthCare Technologies Inc    | GE HealthCare Technologies Inc        | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |     24617 | NS      | $1755684.44   | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                       | Lennar Corp                           | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |      9944 | NS      | $1115517.92   | 2.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Mid-America Apartment Communit    | Mid-America Apartment Communities Inc | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |     14082 | NS      | $2005699.26   | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The              | Progressive Corp/The                  | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      5259 | NS      | $1272888.36   | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc            | CACI International Inc                | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      3568 | NS      | $1643313.76   | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc    | SS&C Technologies Holdings Inc        | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     25346 | NS      | $2166576.08   | 4.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial NV                 | CNH Industrial NV                     | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | GB        |     96559 | NS      | $1251404.64   | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                        | Fiserv Inc                            | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |      8814 | NS      | $1224617.16   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CITADEL SECURITIES LLC            | CITADEL SECURITIES LLC                | CUSIP: 000000000<br>LEI: 12UUJYTN7D3SW8KCSG25 | Long             | RA               | CORP              | US        |     79000 | PA      | $79000.00     | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Delek US Holdings Inc             | Delek US Holdings Inc                 | CUSIP: 24665A103<br>LEI: 5493003O53JMENV1N385 | Long             | EC               | CORP              | US        |     40888 | NS      | $914664.56    | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Rentokil Initial PLC              | Rentokil Initial PLC                  | CUSIP: 760125104<br>LEI: 549300VN4WV7Z6T14K68 | Long             | EC               | CORP              | GB        |     64829 | NS      | $1605814.33   | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc              | Labcorp Holdings Inc                  | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3773 | NS      | $981281.84    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwestern Energy Group Inc     | Northwestern Energy Group Inc         | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |     34539 | NS      | $1854744.30   | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitt    | LVMH Moet Hennessy Louis Vuitton SE   | CUSIP: 502441306<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |     14511 | NS      | $1561673.82   | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp                  | Haemonetics Corp                      | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |     19191 | NS      | $1420901.64   | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson PLC          | Willis Towers Watson PLC              | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | GB        |      7031 | NS      | $2220460.11   | 4.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica Inc           | Lululemon Athletica Inc               | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | CA        |      5936 | NS      | $1190346.08   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Fairfax Financial Holdings Ltd    | Fairfax Financial Holdings Ltd        | CUSIP: 303901102<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | EC               | CORP              | CA        |      1289 | NS      | $2287021.14   | 4.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Assured Guaranty Ltd              | Assured Guaranty Ltd                  | CUSIP: 000000000<br>LEI: 549300BBOQUJEPH87M14 | Long             | EC               | CORP              | BM        |     18904 | NS      | $1598900.32   | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                        | Diageo PLC                            | CUSIP: 25243Q205<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |     14897 | NS      | $1459161.15   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy USA Inc                    | Murphy USA Inc                        | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |      3914 | NS      | $1418746.72   | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc            | Berkshire Hathaway Inc                | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      5304 | NS      | $2502851.52   | 4.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                           | CRH PLC                               | CUSIP: 000000000<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | US        |     24311 | NS      | $2320484.95   | 4.59%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                          | CSX Corp                              | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     48315 | NS      | $1717115.10   | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                      | Unilever PLC                          | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |     20240 | NS      | $1182623.20   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| GCI LIBERTY INC                   | GCI LIBERTY INC ESCROW SHARE          | CUSIP: 361ESC049<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    108700 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FIXED INCOME CLEARING CORPORATION | FICC                                  | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |    917000 | PA      | $917000.00    | 1.81%             |  |  |  | No            |                  2 | On Loan: No      |
| CNH Industrial NV                 | CNH Industrial NV                     | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | GB        |     96559 | NS      | $1251404.64   | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith & Nephew PLC                | Smith & Nephew PLC                    | CUSIP: 83175M205<br>LEI: 213800ZTMDN8S67S1H61 | Long             | EC               | CORP              | GB        |     65935 | NS      | $2014973.60   | 3.99%             |  |  |  | No            |                  1 | On Loan: —       |
| McGrath RentCorp                  | McGrath RentCorp                      | CUSIP: 580589109<br>LEI: 254900EUH6IPWFQ83445 | Long             | EC               | CORP              | US        |     16130 | NS      | $2012862.70   | 3.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson PLC          | Willis Towers Watson PLC              | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | GB        |      7031 | NS      | $2220460.11   | 4.39%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Wholesale Club Holdings I    | BJ's Wholesale Club Holdings Inc      | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |     12441 | NS      | $1317501.90   | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                       | Lennar Corp                           | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |      9944 | NS      | $1115517.92   | 2.21%             |  |  |  | No            |                  1 | On Loan: —       |
| GXO Logistics Inc                 | GXO Logistics Inc                     | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |     42387 | NS      | $2107057.77   | 4.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Cooper Cos Inc/The                | Cooper Cos Inc/The                    | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |     28727 | NS      | $2030711.63   | 4.02%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO International Inc           | WESCO International Inc               | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |      7307 | NS      | $1512256.72   | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-29

**Name of Applicant:** AMG Funds IV

**Signature:** Thomas Disbrow

**Name of Signer:** Thomas Disbrow

**Title:** Principal Financial Officer