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        <cusip>6461368E4</cusip>
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        <name>GREAT LAKES WTR AUTH MICH</name>
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        <cusip>64613CHG6</cusip>
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        <name>WEST VIRGINIA PARKWAYS AUTHORITY (WV)</name>
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        <name>NORTH TEX TWY AUTH</name>
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        <debtSec>
          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NATIONAL FIN AUTH N H</name>
        <lei>N/A</lei>
        <title>NH NFADEV 5 12/01/2035</title>
        <cusip>63607YCQ1</cusip>
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          <isin value="US63607YCQ17"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3285853.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CENTRAL TEX REGL MOBILITY AUTH</name>
        <lei>N/A</lei>
        <title>TX CTXGEN 5 01/01/2036</title>
        <cusip>155498PA0</cusip>
        <identifiers>
          <isin value="US155498PA02"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1132840.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TRIBOROUGH BRDG &amp; TUNL AUTH N Y</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>NY TRBGEN 5 12/01/2042</title>
        <cusip>896032AT6</cusip>
        <identifiers>
          <isin value="US896032AT67"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1086921.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH</name>
        <lei>5493003476LG35QAKM08</lei>
        <title>NY NYCGEN 5 02/01/2042</title>
        <cusip>64972JB98</cusip>
        <identifiers>
          <isin value="US64972JB986"/>
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        <balance>4300000.00000000</balance>
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        <valUSD>4658984.64000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FLORIDA DEV FIN CORP</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>FL FLSMED 4 11/15/2033</title>
        <cusip>34061QAZ0</cusip>
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          <isin value="US34061QAZ00"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10136071.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW YORK N Y</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NY NYC 5 04/01/2032</title>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1107545.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VIRGINIA SMALL BUSINESS FINANCING AUTHORITY (VA)</name>
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        <title>VA VASDEV 4 01/01/2037</title>
        <cusip>928104NV6</cusip>
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          <isin value="US928104NV62"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2924808.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLORADO HEALTH FACS AUTH</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>CO COSMED 5 08/01/2033</title>
        <cusip>19648FKK9</cusip>
        <identifiers>
          <isin value="US19648FKK92"/>
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        <balance>4260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4472848.77000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST DEV FIN AGY</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>MA MASDEV 5.25 07/01/2048</title>
        <cusip>57584Y4S5</cusip>
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          <isin value="US57584Y4S59"/>
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        <balance>4250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4275086.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP (NY)</name>
        <lei>N/A</lei>
        <title>NY NYTTRN 6 06/30/2050</title>
        <cusip>650116JN7</cusip>
        <identifiers>
          <isin value="US650116JN72"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2119961.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>MASSACHUSETTS ST DEV FIN AGY</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>MA MASDEV 5.5 10/01/2044</title>
        <cusip>57585BTD0</cusip>
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          <isin value="US57585BTD00"/>
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        <balance>1250000.00000000</balance>
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        <valUSD>1330246.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>SOUTH CAROLINA PUB SVC AUTH</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>SC SCSUTL 5 12/01/2041</title>
        <cusip>8371514R7</cusip>
        <identifiers>
          <isin value="US8371514R78"/>
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        <valUSD>2426395.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>LOWER COLO RIV AUTH TEX</name>
        <lei>549300QJFPW2NNBYR215</lei>
        <title>TX LWCGEN 5 05/15/2032</title>
        <cusip>54811GQ86</cusip>
        <identifiers>
          <isin value="US54811GQ867"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2210198.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MIAMI-DADE CNTY FLA</name>
        <lei>549300QG0NBD9HULR263</lei>
        <title>FL MIATRN 5 10/01/2035</title>
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          <isin value="US59333P7M43"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5500943.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>COLUMBUS OHIO REGL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>OH COLAPT 5 01/01/2034</title>
        <cusip>199546CQ3</cusip>
        <identifiers>
          <isin value="US199546CQ33"/>
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        <valUSD>1426366.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK N Y CITY MUN WTR FIN AUTH</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>NY NYCUTL 5 06/15/2038</title>
        <cusip>64972GV68</cusip>
        <identifiers>
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        <balance>5000000.00000000</balance>
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        <valUSD>5744112.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CENTRAL TEX REGL MOBILITY AUTH</name>
        <lei>N/A</lei>
        <title>TX CTXGEN 5 01/01/2038</title>
        <cusip>155498PC6</cusip>
        <identifiers>
          <isin value="US155498PC67"/>
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        <balance>1700000.00000000</balance>
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        <valUSD>1895660.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW JERSEY ST TPK AUTH</name>
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        <name>ESCAMBIA COUNTY HEALTH FACILITIES AUTHORITY (FL)</name>
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        <name>SAN ANTONIO TEX</name>
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        <name>NORTH EAST TEX REGL MOBILITY AUTH</name>
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        <name>LEE CNTY FLA</name>
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        <name>RICHLAND (SC), COUNTY OF</name>
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          <isin value="US763682S282"/>
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        <name>NORTH DAKOTA ST HSG FIN AGY</name>
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        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH</name>
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        <title>NY NYCGEN 5 02/01/2037</title>
        <cusip>64971XXP8</cusip>
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        <balance>4400000.00000000</balance>
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          <couponKind>Fixed</couponKind>
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        <name>UNION CNTY N C</name>
        <lei>5493007ESG9QHLUW6165</lei>
        <title>NC UNIGEN 1.75 06/01/2035</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH</name>
        <lei>5493003476LG35QAKM08</lei>
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        <cusip>64972JZC5</cusip>
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      <invstOrSec>
        <name>LEE CNTY FLA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>INDIANA ST FIN AUTH</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>HOUSTON TEX</name>
        <lei>549300C64URYS0WQQY42</lei>
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        <cusip>442332DZ2</cusip>
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          <isin value="US442332DZ25"/>
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        <balance>2200000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>SAN ANTONIO (TX), CITY OF</name>
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        <balance>3000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>OKLAHOMA TRANSN AUTH OK F/K/A OKLAHOMA ST TPK AUTH</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WEST VIRGINIA PARKWAYS AUTHORITY (WV)</name>
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        <cusip>956510BT7</cusip>
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        <balance>4200000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ILLINOIS FIN AUTH</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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        <cusip>45204FXA8</cusip>
        <identifiers>
          <isin value="US45204FXA82"/>
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        <balance>2970000.00000000</balance>
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        <valUSD>3308675.63000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>LOUISIANA STAD &amp; EXPOSITION DIST</name>
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        <cusip>546410CT6</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>HOUSTON TEX</name>
        <lei>549300C64URYS0WQQY42</lei>
        <title>TX HOU 5 03/01/2042</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CENTRAL TEX REGL MOBILITY AUTH</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>LOS ANGELES CALIF DEPT WTR &amp; PWR</name>
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        <title>CA LOSUTL 5 07/01/2031</title>
        <cusip>544532PZ1</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>NORTH TEX TWY AUTH</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>TX NRTTRN 5 01/01/2033</title>
        <cusip>66285WS64</cusip>
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        <name>SAN ANTONIO (TX), CITY OF</name>
        <lei>N/A</lei>
        <title>TX SANUTL 5 02/01/2038</title>
        <cusip>79625GDR1</cusip>
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          <isin value="US79625GDR11"/>
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        <balance>2385000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NASH HEALTH CARE SYS NORTH CAROLINA</name>
        <lei>N/A</lei>
        <title>NC NASMED 5 02/01/2032</title>
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        <name>HARRIS CNTY TEX</name>
        <lei>549300G9BRP25M0W1S40</lei>
        <title>TX HARTRN 5 08/15/2036</title>
        <cusip>41423PDP9</cusip>
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        <balance>3700000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK ST DORM AUTH</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NY NYSGEN 5 03/15/2037</title>
        <cusip>64990KJZ7</cusip>
        <identifiers>
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        <balance>8000000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <name>ILLINOIS ST</name>
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        <name>TEXAS TRANSN COMMN ST HWY FD</name>
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        <valUSD>1617314.40000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>DOWNTOWN REVITALIZATION PUB INFRASTRUCTURE DIST UTAH</name>
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        <name>ILLINOIS ST</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>METROPOLITAN TRANSN AUTH N Y</name>
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        <name>DISTRICT COLUMBIA</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW JERSEY ST TRANSN TR FD AUTH</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-06-15</maturityDt>
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        <name>PHILADELPHIA HOSPITALS &amp; HIGHER EDUCATION FACILITIES AUTHORITY (PA)</name>
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        <cusip>717825QB2</cusip>
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        <valUSD>2450417.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>LOWER COLO RIV AUTH TEX</name>
        <lei>549300QJFPW2NNBYR215</lei>
        <title>TX LWCGEN 5 05/15/2031</title>
        <cusip>54811GQ78</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK N Y</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>SAN ANTONIO TEX</name>
        <lei>N/A</lei>
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          <maturityDt>2036-02-01</maturityDt>
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        <name>CENTRAL TEX REGL MOBILITY AUTH</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PRIVATE COLLEGES &amp; UNIVERSITIES AUTHORITY (GA)</name>
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        <name>UNION CNTY N C</name>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
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        <name>CONNECTICUT ST HEALTH &amp; EDL FACS AUTH</name>
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        <title>CT CTSHGR 5 07/01/2033</title>
        <cusip>20775DPD8</cusip>
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        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH</name>
        <lei>5493003476LG35QAKM08</lei>
        <title>NY NYCFAC 5 07/15/2037</title>
        <cusip>64972LBE2</cusip>
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          <maturityDt>2037-07-15</maturityDt>
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        <name>COLUMBUS REGIONAL AIRPORT AUTHORITY (OH)</name>
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        <name>SAN ANTONIO (TX), CITY OF</name>
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        <name>NEW JERSEY ST TPK AUTH</name>
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        <name>ILLINOIS ST</name>
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        <name>NORTH EAST TEX REGL MOBILITY AUTH</name>
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        <name>PENNSYLVANIA ST TPK COMMN</name>
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        <name>HARRIS COUNTY-HOUSTON SPORTS AUTHORITY (TX)</name>
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          <maturityDt>2049-06-30</maturityDt>
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        <name>NEW YORK ST DORM AUTH</name>
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        <name>CENTRAL TEX REGL MOBILITY AUTH</name>
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          <maturityDt>2039-01-01</maturityDt>
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        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH</name>
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        <name>INTERMOUNTAIN POWER AGENCY (UT)</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY</name>
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    <signature>
      <ncom:dateSigned>2026-05-28</ncom:dateSigned>
      <ncom:nameOfApplicant>AMG Funds</ncom:nameOfApplicant>
      <ncom:signature>Thomas Disbrow</ncom:signature>
      <ncom:signerName>Thomas Disbrow</ncom:signerName>
      <ncom:title>Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
