NPORT-P false 0000720309 XXXXXXXX S000009868 C000027310 C000125498 AMG Funds III 811-03752 0000720309 5493007NETBE5Y5V1962 680 Washington Blvd. Suite 500 Stamford 06901 800-548-4539 AMG GW&K ESG Bond Fund S000009868 549300GNM1WYO24HFQ54 2025-12-31 2025-03-31 N 383092090.94 17809784.75 365282306.19 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 969.77000000 USD UST John Deere Owner Trust N/A 47787JAD0 2206000.00000000 PA USD 2179415.27000000 0.596638608842 Long ABS-O CORP US N 2 2029-01-16 Fixed 2.49000000 N N N N N N GOLDMAN SACHS GROUP INC 784F5XWPLTWKTBV3E584 38141GC28 1795000.00000000 PA USD 1817432.12000000 0.497541788693 Long DBT CORP US N 2 N/A Fixed 6.85000000 N N N N N N SALLY HOLDINGS/SALLY CAP N/A 79546VAQ9 1303000.00000000 PA USD 1305457.46000000 0.357383163070 Long DBT CORP US N 2 2032-03-01 Fixed 6.75000000 N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3140QQU60 1869315.52000000 PA USD 1791323.51000000 0.490394273044 Long ABS-MBS USGSE US N 2 2052-11-01 Fixed 4.50000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3133L8C37 6549933.22000000 PA USD 5937079.35000000 1.625339976613 Long ABS-MBS USGSE US N 2 2036-03-01 Fixed 2.00000000 N N N N N N AVIENT CORP SM8L9RZYIB34LNTWO040 05368VAB2 1575000.00000000 PA USD 1560177.93000000 0.427115659193 Long DBT CORP US N 2 2031-11-01 Fixed 6.25000000 N N N N N ADVANCE AUTO PARTS 529900UCNQ5H9FSL0Y70 00751YAF3 1100000.00000000 PA USD 990474.43000000 0.271153136414 Long DBT CORP US N 2 2027-10-01 Fixed 1.75000000 N N N N N N METLIFE INC C4BXATY60WC6XEOZDX54 59156RCA4 2880000.00000000 PA USD 2846231.74000000 0.779186862261 Long DBT CORP US N 2 N/A Fixed 3.85000000 N N N N N N BATH & BODY WORKS INC GR3KVMWVCR54YWQNXU90 501797AL8 940000.00000000 PA USD 952177.70000000 0.260668990494 Long DBT CORP US N 2 2035-11-01 Fixed 6.87500000 N N N N N N American Express Credit Accoun 549300Y4SA5G3GIJTP18 02582JJX9 2145000.00000000 PA USD 2149699.05000000 0.588503470759 Long ABS-O CORP US N 2 2027-10-15 Fixed 4.95000000 N N N N N N OWENS CORNING JO5M6676RDJIZ2U8X907 690742AB7 1800000.00000000 PA USD 2030848.34000000 0.555966797620 Long DBT CORP US N 2 2036-12-01 Variable 7.00000000 N N N N N N DALLAS-FORT WORTH TX INTERNATI N/A 23503CAN7 1000000.00000000 PA USD 870720.50000000 0.238369196986 Long DBT MUN US N 2 2051-11-01 Fixed 4.50700000 N N N N N N CCO HLDGS LLC/CAP CORP N/A 1248EPCN1 2500000.00000000 PA USD 2170146.00000000 0.594101045472 Long DBT CORP US N 2 2032-05-01 Fixed 4.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3140X6GB1 4868566.79000000 PA USD 4683085.59000000 1.282045560554 Long ABS-MBS USGSE US N 2 2044-07-01 Fixed 4.00000000 N N N N N N ELANCO ANIMAL HEALTH INC 549300SHPNDCE059M934 28414HAG8 950000.00000000 PA USD 961688.80000000 0.263272757454 Long DBT CORP US N 2 2028-08-28 Variable 6.65000000 N N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 912810QA9 1731000.00000000 PA USD 1578320.40000000 0.432082357468 Long DBT UST US N 2 2039-02-15 Fixed 3.50000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3132DWBK8 12045728.42000000 PA USD 10565806.25000000 2.892504255189 Long ABS-MBS USGSE US N 2 2051-04-01 Fixed 3.00000000 N N N N N N SK HYNIX INC 988400XAIK6XISWQV045 78392BAC1 2800000.00000000 PA USD 2427227.43000000 0.664479880045 Long DBT CORP KR N 2 2031-01-19 Fixed 2.37500000 N N N N N N LAMAR MEDIA CORP N/A 513075BW0 2950000.00000000 PA USD 2868438.11000000 0.785266097314 Long DBT CORP US N 2 2029-01-15 Fixed 4.87500000 N N N N N N CROWN AMER/CAP CORP V N/A 22819KAB6 1250000.00000000 PA USD 1225615.88000000 0.335525663091 Long DBT CORP US N 2 2026-09-30 Fixed 4.25000000 N N N N N KRAFT HEINZ FOODS CO 5493003STKEZ2S0RNU91 50077LAX4 2480000.00000000 PA USD 2248625.50000000 0.615585661253 Long DBT CORP US N 2 2039-10-01 Fixed 4.62500000 N N N N N N SEAGATE HDD CAYMAN 529900BD50TRWEG1SF63 81180WBD2 1000000.00000000 PA USD 907575.60000000 0.248458681031 Long DBT CORP KY N 2 2031-01-15 Fixed 4.12500000 N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3132AC3B4 1395629.81000000 PA USD 1359552.84000000 0.372192361075 Long ABS-MBS USGSE US N 2 2048-10-01 Fixed 4.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3140XAFJ6 6108359.60000000 PA USD 5753296.90000000 1.575027534185 Long ABS-MBS USGSE US N 2 2049-06-01 Fixed 4.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3140XN5W0 4916815.15000000 PA USD 5159399.21000000 1.412441589031 Long ABS-MBS USGSE US N 2 2054-02-01 Fixed 6.50000000 N N N N N N KB HOME 549300LGUCWQURMWLG09 48666KAY5 1222000.00000000 PA USD 1165785.31000000 0.319146394513 Long DBT CORP US N 2 2029-11-15 Fixed 4.80000000 N N N N N API GROUP DE INC 549300XP4G7B4QYA0G83 001877AA7 1255000.00000000 PA USD 1162828.82000000 0.318337023254 Long DBT CORP US N 2 2029-07-15 Fixed 4.12500000 N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3132DQXX9 5883718.57000000 PA USD 5967426.82000000 1.633647926241 Long ABS-MBS USGSE US N 2 2053-07-01 Fixed 5.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3140XBRA0 3991444.75000000 PA USD 3666944.84000000 1.003865990183 Long ABS-MBS USGSE US N 2 2051-02-01 Fixed 3.50000000 N N N N N N SLM CORP N/A 78442PGF7 1400000.00000000 PA USD 1436540.00000000 0.393268432567 Long DBT CORP US N 2 2030-01-31 Fixed 6.50000000 N N N N N SONOCO PRODUCTS CO GKOMIK4RDJGHEF0VNP11 835495AP7 1822000.00000000 PA USD 1584745.23000000 0.433841224484 Long DBT CORP US N 2 2032-02-01 Fixed 2.85000000 N N N N N STARWOOD PROPERTY TRUST BUGSFQZERKRBFWIG5267 85571BAY1 1775000.00000000 PA USD 1724979.26000000 0.472231813796 Long DBT CORP US N 2 2027-01-15 Fixed 4.37500000 N N N N N N FORD FOUNDATION/THE 54930013YZ3DULPNNT44 34531XAB0 2690000.00000000 PA USD 1606586.92000000 0.439820624425 Long DBT CORP US N 2 2050-06-01 Fixed 2.41500000 N N N N N N COMCAST CORP 51M0QTTNCGUN7KFCFZ59 20030NEC1 1117000.00000000 PA USD 1094911.03000000 0.299743790335 Long DBT CORP US N 2 2033-02-15 Fixed 4.65000000 N N N N N N VF CORP CWAJJ9DJ5Z7P057HV541 918204AR9 925000.00000000 PA USD 884413.04000000 0.242117678577 Long DBT CORP US N 2 2033-10-15 Fixed 6.00000000 N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3140XKDC1 5373519.39000000 PA USD 5423128.15000000 1.484640251690 Long ABS-MBS USGSE US N 2 2052-11-01 Fixed 5.50000000 N N N N N N CITADEL SECURITIES LLC 12UUJYTN7D3SW8KCSG25 000000000 4161623.00000000 PA USD 4161623.00000000 1.139289511010 Long RA CORP US N 2 Repurchase Y 4.44000000 2025-04-01 6887365.57253049 USD 4245379.12406117 USD UST N N COMMONSPIRIT HEALTH 4SXHN5XW08IBO0UG2V58 20268JAB9 600000.00000000 PA USD 565500.35000000 0.154811864800 Long DBT CORP US N 2 2029-10-01 Fixed 3.34700000 N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31418CXN9 6751799.28000000 PA USD 6360391.13000000 1.741226175540 Long ABS-MBS USGSE US N 2 2048-06-01 Fixed 4.00000000 N N N N N N UNITED RENTALS NORTH AM NGIZXNT70J2LYT3FBI09 911363AM1 2150000.00000000 PA USD 1950860.77000000 0.534069331292 Long DBT CORP US N 2 2031-02-15 Fixed 3.87500000 N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 912810SY5 15359000.00000000 PA USD 11381858.98000000 3.115907556190 Long DBT UST US N 2 2041-05-15 Fixed 2.25000000 N N N N N N AIR CANADA 2020-1C PTT N/A 008911BD0 1000000.00000000 PA USD 1060000.00000000 0.290186516575 Long DBT CORP CA N 2 2026-07-15 Fixed 10.50000000 N N N N N N ARAMARK SERVICES INC 42YMHYH0XMHJEXDUB065 038522AQ1 2520000.00000000 PA USD 2474094.70000000 0.677310304406 Long DBT CORP US N 2 2028-02-01 Fixed 5.00000000 N N N N N L3HARRIS TECH INC 549300UTE50ZMDBG8A20 502431AS8 897000.00000000 PA USD 908615.46000000 0.248743354003 Long DBT CORP US N 2 2029-06-01 Fixed 5.05000000 N N N N N N MATTEL INC 549300VELLG24KHTJ564 577081BF8 1075000.00000000 PA USD 1018652.37000000 0.278867153633 Long DBT CORP US N 2 2029-04-01 Fixed 3.75000000 N N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 912810RQ3 2096000.00000000 PA USD 1490616.26000000 0.408072396264 Long DBT UST US N 2 2046-02-15 Fixed 2.50000000 N N N N N N GS Mortgage-Backed Securities N/A 36263CAH2 1521385.92000000 PA USD 1351442.40000000 0.369972040008 Long ABS-MBS CORP US N 2 2052-02-26 Variable 2.50000000 N N N N N N TELEFLEX INC UUL85LWXB4NGSWWXIQ25 879369AG1 2045000.00000000 PA USD 1950547.18000000 0.533983482623 Long DBT CORP US N 2 2028-06-01 Fixed 4.25000000 N N N N N N MATTEL INC 549300VELLG24KHTJ564 577081AU6 911000.00000000 PA USD 902612.51000000 0.247099981221 Long DBT CORP US N 2 2040-10-01 Fixed 6.20000000 N N N N N N MSCI INC 549300HTIN2PD78UB763 55354GAQ3 2015000.00000000 PA USD 1736861.89000000 0.475484812860 Long DBT CORP US N 2 2033-08-15 Fixed 3.25000000 N N N N N N STATE OF WISCONSIN INVESTMENT BOARD VY0GIYI3352UC4XOP168 000000000 4161623.00000000 PA USD 4161623.00000000 1.139289511010 Long RA CORP US N 2 Repurchase Y 4.47000000 2025-04-01 3911509.31185726 USD 4239226.07469678 USD UST N N JP Morgan Mortgage Trust N/A 46592NAN6 1807082.20000000 PA USD 1675307.78000000 0.458633706481 Long ABS-MBS CORP US N 2 2051-11-25 Variable 2.50000000 N N N N N N CALIFORNIA ST N/A 13063A5G5 2030000.00000000 PA USD 2455464.86000000 0.672210183299 Long DBT MUN US N 2 2039-04-01 Fixed 7.55000000 N N N N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 6174468G7 1548000.00000000 PA USD 1528399.98000000 0.418416100123 Long DBT CORP US N 2 2030-01-23 Fixed 4.43100000 N N N N N N MGM RESORTS INTL 54930066VBP7DZEGGJ87 552953CK5 1000000.00000000 PA USD 990090.46000000 0.271048020454 Long DBT CORP US N 2 2029-09-15 Fixed 6.12500000 N N N N N BANK OF AMERICA CORP 9DJT3UXIJIZJI4WXO774 06051GLU1 3050000.00000000 PA USD 3182830.43000000 0.871334410691 Long DBT CORP US N 2 2034-09-15 Fixed 5.87200000 N N N N N N UNITED AIR 2024-1 AA PTT N/A 90932WAA1 1898334.65770000 PA USD 1913110.73000000 0.523734847700 Long DBT CORP US N 2 2037-02-15 Fixed 5.45000000 N N N N N N GOLDMAN SACHS GROUP INC 784F5XWPLTWKTBV3E584 38141GA53 1650000.00000000 PA USD 1800844.47000000 0.493000739286 Long DBT CORP US N 2 2034-10-24 Fixed 6.56100000 N N N N N MICROSOFT CORP INR2EJN1ERAN0W5ZP974 594918CC6 2450000.00000000 PA USD 1534749.56000000 0.420154366634 Long DBT CORP US N 2 2050-06-01 Fixed 2.52500000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3140X8V79 2306173.72000000 PA USD 2305858.05000000 0.631253693629 Long ABS-MBS USGSE US N 2 2050-05-01 Fixed 5.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3140XFQ20 2123344.30000000 PA USD 2096249.53000000 0.573871083947 Long ABS-MBS USGSE US N 2 2048-05-01 Fixed 4.50000000 N N N N N N METHANEX CORP 549300TSJHRXT9QXRD13 59151KAM0 1205000.00000000 PA USD 1181438.15000000 0.323431529526 Long DBT CORP CA N 2 2027-10-15 Fixed 5.12500000 N N N N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 95000U2U6 2025000.00000000 PA USD 1816874.69000000 0.497389186175 Long DBT CORP US N 2 2033-03-02 Fixed 3.35000000 N N N N N N BALL CORP 0BGI85ALH27ZJP15DY16 058498AW6 3625000.00000000 PA USD 3159614.53000000 0.864978805832 Long DBT CORP US N 2 2030-08-15 Fixed 2.87500000 N N N N N N NEW JERSEY ST ECON DEV AUTH LE 5493006JS6QWDVU4R678 645913AA2 3300000.00000000 PA USD 3482593.29000000 0.953397750447 Long DBT MUN US N 2 2029-02-15 Fixed 7.42500000 N N N N N N BANK OF NY MELLON CORP WFLLPEPC7FZXENRZV188 064058AJ9 2165000.00000000 PA USD 2116990.48000000 0.579549144353 Long DBT CORP US N 2 N/A Fixed 3.70000000 N N N N N N DPL INC N/A 233293AQ2 1000000.00000000 PA USD 954770.50000000 0.261378797664 Long DBT CORP US N 2 2029-04-15 Fixed 4.35000000 N N N N N N FREMF Mortgage Trust N/A 30288LAN3 2300000.00000000 PA USD 2277001.38000000 0.623353866698 Long ABS-MBS CORP US N 2 2049-03-25 Variable 4.04810000 N N N N N N HUNTINGTON BANCSHARES 549300XTVCVV9I7B5T19 446150BB9 1580000.00000000 PA USD 1569348.68000000 0.429626251643 Long DBT CORP US N 2 2028-08-04 Fixed 4.44300000 N N N N N CLEAN HARBORS INC 5493000SJVZVZJKHJF48 184496AN7 1270000.00000000 PA USD 1252020.61000000 0.342754244808 Long DBT CORP US N 2 2027-07-15 Fixed 4.87500000 N N N N N N Fannie Mae - CAS N/A 20754GAA8 1029434.81000000 PA USD 1027918.04000000 0.281403731464 Long ABS-MBS CORP US N 2 2044-02-25 Floating 5.43969000 N N N N N N AIR CANADA 4B4HI3CGXMBDC0G6BM51 008911BK4 1000000.00000000 PA USD 977881.60000000 0.267705712384 Long DBT CORP CA N 2 2026-08-15 Fixed 3.87500000 N N N N N N US BANCORP N1GZ7BBF3NP8GI976H15 91159HJM3 1400000.00000000 PA USD 1443875.90000000 0.395276714894 Long DBT CORP US N 2 2029-06-12 Fixed 5.77500000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3140X6ST9 7445367.09000000 PA USD 6939589.08000000 1.899787907161 Long ABS-MBS USGSE US N 2 2047-02-01 Fixed 3.50000000 N N N N N N TD SECURITIES (USA) LLC SUVUFHICNZMP2WKHG940 000000000 350599.00000000 PA USD 350599.00000000 0.095980285400 Long RA CORP US N 2 Repurchase Y 4.37000000 2025-04-01 340094.52806150 USD 357611.07802748 USD UST N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3140XDEP7 3129877.74000000 PA USD 3056592.15000000 0.836775310000 Long ABS-MBS USGSE US N 2 2049-06-01 Fixed 4.50000000 N N N N N N TRAVEL + LEISURE CO T4VNTWMFQ7JQB65L7T35 98310WAQ1 575000.00000000 PA USD 537178.63000000 0.147058486243 Long DBT CORP US N 2 2030-03-01 Fixed 4.62500000 N N N N N N WALMART INC Y87794H0US1R65VBXU25 931142EC3 1850000.00000000 PA USD 1531952.50000000 0.419388641070 Long DBT CORP US N 2 2048-06-29 Fixed 4.05000000 N N N N N N RBC DOMINION SECURITIES INC. 549300QJJX6CVVUXLE15 000000000 4287795.00000000 PA USD 4287795.00000000 1.173830466830 Long RA CORP US N 2 Repurchase Y 4.36000000 2025-04-01 6350825.74343635 USD 4218236.65126909 USD AMBS 136040.18169147 USD 132512.23248772 USD 23230.49371091 USD 22802.16269867 USD UST N N BANK OF AMERICA CORP 9DJT3UXIJIZJI4WXO774 06051GHS1 2775000.00000000 PA USD 2287790.09000000 0.626307393276 Long DBT CORP US N 2 2050-03-15 Fixed 4.33000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3132AEAS5 6684202.62000000 PA USD 6499017.86000000 1.779176749015 Long ABS-MBS USGSE US N 2 2048-12-01 Fixed 4.50000000 N N N N N N AIRCASTLE / IRELAND DAC N/A 00929JAA4 1975000.00000000 PA USD 2013896.64000000 0.551326085570 Long DBT CORP BM N 2 2031-10-01 Fixed 5.75000000 N N N N N N VERIZON COMMUNICATIONS 2S72QS2UO2OESLG6Y829 92343VGW8 1625000.00000000 PA USD 1579522.36000000 0.432411407077 Long DBT CORP US N 2 2054-02-23 Fixed 5.50000000 N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38384CKA6 1863813.47000000 PA USD 1863448.35000000 0.510139231608 Long ABS-MBS USGA US N 2 2053-08-20 Floating 5.34436000 N N N N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 172967KM2 825000.00000000 PA USD 829905.45000000 0.227195633606 Long DBT CORP US N 2 N/A Fixed 6.25000000 N N N N N N DISCOVER FINANCIAL SVS Z1YLO2USPORE63VVUL20 254709AT5 1950000.00000000 PA USD 2228880.62000000 0.610180285830 Long DBT CORP US N 2 2034-11-02 Fixed 7.96400000 N N N N N N TWILIO INC 5493004W8TRGD63APX93 90138FAD4 2194000.00000000 PA USD 1976402.59000000 0.541061682021 Long DBT CORP US N 2 2031-03-15 Fixed 3.87500000 N N N N N KEYCORP RKPI3RZGV1V1FJTH5T61 49326EEG4 1595000.00000000 PA USD 1563420.44000000 0.428003331534 Long DBT CORP US N 2 2028-04-30 Fixed 4.10000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137H9RL5 1849348.46000000 PA USD 1832541.95000000 0.501678268820 Long ABS-MBS USGSE US N 2 2052-12-25 Fixed 5.00000000 N N N N N N CLEVELAND-CLIFFS INC 549300TM2WLI2BJMDD86 185899AP6 2000000.00000000 PA USD 1919136.20000000 0.525384385577 Long DBT CORP US N 2 2032-03-15 Fixed 7.00000000 N N N N N M&T BANK CORPORATION 549300WYXDDBYRASEG81 55261FAS3 1837000.00000000 PA USD 1978986.87000000 0.541769156749 Long DBT CORP US N 2 2029-10-30 Fixed 7.41300000 N N N N N COHERENT CORP 549300O5C25A0MMHHU33 902104AC2 2000000.00000000 PA USD 1907928.12000000 0.522316051905 Long DBT CORP US N 2 2029-12-15 Fixed 5.00000000 N N N N N PORT AUTH OF NEW YORK & NEW JE 54930006MR4KZ4W74Z83 73358WAJ3 550000.00000000 PA USD 589735.41000000 0.161446475782 Long DBT MUN US N 2 2029-12-01 Fixed 6.04000000 N N N N N N THE CAMPBELLS COMPANY 5493007JDSMX8Z5Z1902 134429BJ7 1580000.00000000 PA USD 1411008.32000000 0.386278857773 Long DBT CORP US N 2 2030-04-24 Fixed 2.37500000 N N N N N N TOLL BROS FINANCE CORP N/A 88947EAS9 750000.00000000 PA USD 750151.37000000 0.205362087702 Long DBT CORP US N 2 2027-03-15 Fixed 4.87500000 N N N N N N HSBC SECURITIES (USA) INC. CYYGQCGNHMHPSMRL3R97 000000000 1931870.00000000 PA USD 1931870.00000000 0.528870401676 Long RA CORP US N 2 Repurchase Y 4.37000000 2025-04-01 3965943.71848182 USD 1970507.40231824 USD AMBS N N DELL INT LLC / EMC CORP N/A 24703TAJ5 972000.00000000 PA USD 1159905.50000000 0.317536732643 Long DBT CORP US N 2 2036-07-15 Fixed 8.10000000 N N N N N N FIXED INCOME CLEARING CORPORATION 549300H47WTHXPU08X20 000000000 3646000.00000000 PA USD 3646000.00000000 0.998132112674 Long RA CORP US N 2 Repurchase N 4.38000000 2025-04-01 3644400.00000000 USD 3719008.98000000 USD UST N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31418ET67 2826257.36000000 PA USD 2826194.25000000 0.773701381673 Long ABS-MBS USGSE US N 2 2053-07-01 Fixed 5.50000000 N N N N N N ASHTEAD CAPITAL INC 213800J1134IW58IC398 045054AN3 1136000.00000000 PA USD 1086602.95000000 0.297469363171 Long DBT CORP US N 2 2026-08-12 Fixed 1.50000000 N N N N N N MUELLER WATER PRODUCTS 549300F7ZU4P1F8V8L60 624758AF5 3000000.00000000 PA USD 2787111.72000000 0.763002114466 Long DBT CORP US N 2 2029-06-15 Fixed 4.00000000 N N N N N N TRAVEL + LEISURE CO T4VNTWMFQ7JQB65L7T35 98310WAN8 475000.00000000 PA USD 476030.28000000 0.130318461073 Long DBT CORP US N 2 2027-04-01 Variable 6.00000000 N N N N N N JPMORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 46647PCD6 2710000.00000000 PA USD 2023209.90000000 0.553875691681 Long DBT CORP US N 2 2042-04-22 Fixed 3.15700000 N N N N N N TEVA PHARMACEUTICALS NE 5493004T21MOAFINJP35 88167AAQ4 2300000.00000000 PA USD 2247243.29000000 0.615207266248 Long DBT CORP NL N 2 2029-05-09 Fixed 5.12500000 N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3132DV5E1 7531992.16000000 PA USD 6856662.75000000 1.877085923355 Long ABS-MBS USGSE US N 2 2050-02-01 Fixed 3.50000000 N N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 912810TN8 6760000.00000000 PA USD 5693451.55000000 1.558644219421 Long DBT UST US N 2 2053-02-15 Fixed 3.62500000 N N N N N N ONEMAIN FINANCE CORP 5493008I795YYBFWFU90 85172FAQ2 950000.00000000 PA USD 957045.24000000 0.262001532453 Long DBT CORP US N 2 2028-01-15 Fixed 6.62500000 N N N N N N DATA 2023-CNTR Mortgage Trust N/A 238021AA7 1900000.00000000 PA USD 1920299.03000000 0.525702722923 Long ABS-MBS CORP US N 2 2043-08-12 Variable 5.72807700 N N N N N N ANHEUSER-BUSCH INBEV WOR 549300CRGMZK3K53BF92 035240AM2 1900000.00000000 PA USD 1750192.24000000 0.479134141003 Long DBT CORP US N 2 2038-04-15 Fixed 4.37500000 N N N N N N UNITED PARCEL SERVICE D01LMJZU09ULLNCY6Z23 911312AJ5 1500000.00000000 PA USD 1624457.07000000 0.444712772141 Long DBT CORP US N 2 2038-01-15 Fixed 6.20000000 N N N N N N Fannie Mae - CAS N/A 20753UAA8 1305257.75000000 PA USD 1302471.55000000 0.356565737767 Long ABS-MBS CORP US N 2 2044-01-25 Floating 5.38969000 N N N N N N TENET HEALTHCARE CORP 0W9AIBT6U6ADJ2I8HK17 88033GDH0 1735000.00000000 PA USD 1674565.27000000 0.458430436301 Long DBT CORP US N 2 2028-06-15 Fixed 4.62500000 N N N N N N CHARLES SCHWAB CORP 549300VSGCJ7E698NM85 808513CB9 1773000.00000000 PA USD 1753119.53000000 0.479935518444 Long DBT CORP US N 2 N/A Fixed 5.00000000 N N N N N N Freddie Mac - STACR 529900N6M839KA246662 35564NAX1 1554735.43000000 PA USD 1554793.27000000 0.425641550015 Long ABS-MBS CORP US N 2 2044-02-25 Floating 5.68969000 N N N N N N CELANESE US HOLDINGS LLC CD30XVRLT4QO00B1C706 15089QAX2 2049000.00000000 PA USD 2123524.32000000 0.581337854041 Long DBT CORP US N 2 2030-11-15 Variable 6.80000000 N N N N N GRAPHIC PACKAGING INTERN SO75N4VY5NXGQSK8YQ65 38869AAC1 2600000.00000000 PA USD 2398001.58000000 0.656478986078 Long DBT CORP US N 2 2029-03-01 Fixed 3.50000000 N N N N N N GS Mortgage-Backed Securities N/A 36264PAF6 2600949.51000000 PA USD 2404927.91000000 0.658375144168 Long ABS-MBS CORP US N 2 2051-09-25 Variable 2.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3140X6XD8 7676266.32000000 PA USD 7444577.34000000 2.038033929879 Long ABS-MBS USGSE US N 2 2035-02-01 Fixed 3.50000000 N N N N N N PENSKE AUTOMOTIVE GROUP 549300W7UTQ0M4C7LB15 70959WAK9 1500000.00000000 PA USD 1373129.36000000 0.375909080930 Long DBT CORP US N 2 2029-06-15 Fixed 3.75000000 N N N N N TRUIST FINANCIAL CORP 549300DRQQI75D2JP341 89788MAP7 2213000.00000000 PA USD 2276726.37000000 0.623278579722 Long DBT CORP US N 2 2034-06-08 Fixed 5.86700000 N N N N N N PRIME SECSRVC BRW/FINANC N/A 74166MAC0 882000.00000000 PA USD 880708.79000000 0.241103599894 Long DBT CORP US N 2 2026-04-15 Fixed 5.75000000 N N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 912810SU3 9997000.00000000 PA USD 5796697.97000000 1.586909048637 Long DBT UST US N 2 2051-02-15 Fixed 1.87500000 N N N N N N ADVOCATE HEALTH CORP 549300AEHU3PPOUCIL87 007589AB0 1670000.00000000 PA USD 1427994.10000000 0.390928899593 Long DBT CORP US N 2 2048-08-15 Fixed 4.27200000 N N N N N N DUKE ENERGY CORP I1BZKREC126H0VB1BL91 26441CBL8 3410000.00000000 PA USD 2977870.92000000 0.815224518006 Long DBT CORP US N 2 2031-06-15 Fixed 2.55000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137FYX43 3981328.06000000 PA USD 3721799.22000000 1.018882972684 Long ABS-MBS USGSE US N 2 2041-03-25 Fixed 2.00000000 N N N N N N HCA INC L3CJ6J7LJ2DX62FTXD46 404119CA5 3050000.00000000 PA USD 2828454.47000000 0.774320141454 Long DBT CORP US N 2 2030-09-01 Fixed 3.50000000 N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 912810SC3 10968000.00000000 PA USD 8537474.09000000 2.337226289181 Long DBT UST US N 2 2048-05-15 Fixed 3.12500000 N N N N N N Chase Mortgage Finance Corpora N/A 16160DAK9 1091905.11000000 PA USD 1101860.01000000 0.301646149109 Long ABS-MBS CORP US N 2 2055-01-25 Variable 6.50000000 N N N N N N FMG RESOURCES AUG 2006 549300EFD6S2NFE9D745 30251GBA4 2000000.00000000 PA USD 1939583.40000000 0.530982028730 Long DBT CORP AU N 2 2027-09-15 Fixed 4.50000000 N N N N N N SYSCO CORPORATION 5RGWIFLMGH3YS7KWI652 871829BK2 1300000.00000000 PA USD 1168896.83000000 0.319998206918 Long DBT CORP US N 2 2030-02-15 Fixed 2.40000000 N N N N N N MURPHY OIL USA INC N32S6DTR2ZZ5222WHV58 626738AE8 1050000.00000000 PA USD 1004625.93000000 0.275027263290 Long DBT CORP US N 2 2029-09-15 Fixed 4.75000000 N N N N N N M/I HOMES INC 5299005M71FH9CCSFB69 55305BAV3 335000.00000000 PA USD 305762.41000000 0.083705781752 Long DBT CORP US N 2 2030-02-15 Fixed 3.95000000 N N N N N Compass Datacenters Issuer II, N/A 20469AAA7 3050000.00000000 PA USD 3063107.07000000 0.838558840133 Long ABS-O CORP US N 2 2049-02-25 Fixed 5.25000000 N N N N N N TWILIO INC 5493004W8TRGD63APX93 90138FAC6 600000.00000000 PA USD 556316.76000000 0.152297757261 Long DBT CORP US N 2 2029-03-15 Fixed 3.62500000 N N N N N N MARRIOTT OWNERSHIP RESOR BW4532OH033VURR0IT68 57164PAF3 1600000.00000000 PA USD 1523478.83000000 0.417068881843 Long DBT CORP US N 2 2028-01-15 Fixed 4.75000000 N N N N N OPEN TEXT INC N/A 683720AA4 1125000.00000000 PA USD 1025946.56000000 0.280864017395 Long DBT CORP US N 2 2030-02-15 Fixed 4.12500000 N N N N N N CVS HEALTH CORP 549300EJG376EN5NQE29 126650EB2 1460000.00000000 PA USD 1487470.18000000 0.407211122683 Long DBT CORP US N 2 2029-06-01 Fixed 5.40000000 N N N N N N CALIFORNIA ST HLTH FACS FING A 5493007RI8BUDOGHZ546 13032UD88 3395000.00000000 PA USD 3146394.34000000 0.861359635186 Long DBT MUN US N 2 2037-06-01 Fixed 4.19000000 N N N N N N ENCOMPASS HEALTH CORP 549300FVRPM9DRQZRG64 29261AAB6 1050000.00000000 PA USD 1010175.87000000 0.276546619664 Long DBT CORP US N 2 2030-02-01 Fixed 4.75000000 N N N N N AIR PRODUCTS & CHEMICALS 7QEON6Y1RL5XR3R1W237 009158AZ9 1900000.00000000 PA USD 1382881.98000000 0.378578966614 Long DBT CORP US N 2 2040-05-15 Fixed 2.70000000 N N N N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 95002YAA1 1462000.00000000 PA USD 1561756.65000000 0.427547850945 Long DBT CORP US N 2 N/A Fixed 7.62500000 N N N N N M/I HOMES INC 5299005M71FH9CCSFB69 55305BAS0 1000000.00000000 PA USD 970499.80000000 0.265684864433 Long DBT CORP US N 2 2028-02-01 Fixed 4.95000000 N N N N N N KYNDRYL HOLDINGS INC 549300LQ4LWX2R8ZV130 50155QAL4 2375000.00000000 PA USD 2085539.66000000 0.570939140675 Long DBT CORP US N 2 2031-10-15 Fixed 3.15000000 N N N N N AUTONATION INC N/A 05329RAA1 1600000.00000000 PA USD 1443637.97000000 0.395211578972 Long DBT CORP US N 2 2032-03-01 Fixed 3.85000000 N N N N N N PULTEGROUP INC N/A 745867AT8 2050000.00000000 PA USD 2107222.00000000 0.576874916822 Long DBT CORP US N 2 2035-02-15 Fixed 6.00000000 N N N N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 172967PE5 1278000.00000000 PA USD 1329583.91000000 0.363988040884 Long DBT CORP US N 2 N/A Fixed 7.62500000 N N N N N DAIWA CAPITAL MARKETS AMERICA INC. M67H5PRC0NQKM73ZAS82 000000000 2609335.00000000 PA USD 2609335.00000000 0.714333805876 Long RA CORP US N 2 Repurchase Y 4.37000000 2025-04-01 4050788.75668714 USD 2145168.43435851 USD AMBS 512215.59170200 USD 516353.52477455 USD UST N N Santander Drive Auto Receivabl N/A 80287FAD4 2100000.00000000 PA USD 2107619.64000000 0.576983775092 Long ABS-O CORP US N 2 2028-01-17 Fixed 5.95000000 N N N N N N BWX TECHNOLOGIES INC 549300NP85N265KWMS58 05605HAB6 1210000.00000000 PA USD 1142688.18000000 0.312823304232 Long DBT CORP US N 2 2028-06-30 Fixed 4.12500000 N N N N N N JOBSOHIO BEVERAGE SYS STWD LIQ N/A 47770VBQ2 3700000.00000000 PA USD 3013571.56000000 0.824997956082 Long DBT MUN US N 2 2038-01-01 Fixed 2.83300000 N N N N N N YUM! BRANDS INC 549300JE8XHZZ7OHN517 988498AN1 1110000.00000000 PA USD 994036.62000000 0.272128324628 Long DBT CORP US N 2 2031-03-15 Fixed 3.62500000 N N N N N N Toyota Auto Receivables Owner N/A 89190GAD9 503011.31000000 PA USD 498843.41000000 0.136563803268 Long ABS-O CORP US N 2 2026-10-15 Fixed 0.53000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31418DET5 9239252.80000000 PA USD 8421668.27000000 2.305523187761 Long ABS-MBS USGSE US N 2 2049-08-01 Fixed 3.50000000 N N N N N N SBA COMMUNICATIONS CORP 5299001HX8ZN8Y8QIT49 78410GAD6 1015000.00000000 PA USD 987055.68000000 0.270217216457 Long DBT CORP US N 2 2027-02-15 Fixed 3.87500000 N N N N N N PNC FINANCIAL SERVICES CFGNEKW0P8842LEUIA51 693475BM6 2386000.00000000 PA USD 2362059.97000000 0.646639579846 Long DBT CORP US N 2 2034-01-24 Fixed 5.06800000 N N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 912810SN9 5625000.00000000 PA USD 2792944.35000000 0.764598860298 Long DBT UST US N 2 2050-05-15 Fixed 1.25000000 N N N N N N Ford Credit Auto Owner Trust N/A 34534LAE7 2353000.00000000 PA USD 2343378.82000000 0.641525412068 Long ABS-O CORP US N 2 2027-08-15 Fixed 3.93000000 N N N N N N CarMax Auto Owner Trust N/A 14319WAB2 1547000.00000000 PA USD 1549044.05000000 0.424067638577 Long ABS-O CORP US N 2 2028-03-15 Fixed 4.63000000 N N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 912810TQ1 4324000.00000000 PA USD 3957473.46000000 1.083401356413 Long DBT UST US N 2 2043-02-15 Fixed 3.87500000 N N N N N N CISCO SYSTEMS INC 549300LKFJ962MZ46593 17275RAF9 1400000.00000000 PA USD 1439029.14000000 0.393949861686 Long DBT CORP US N 2 2040-01-15 Fixed 5.50000000 N N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 912810FE3 1734000.00000000 PA USD 1825305.94000000 0.499697332465 Long DBT UST US N 2 2028-08-15 Fixed 5.50000000 N N N N N N CENTENE CORP 549300Z7JJ4TQSQGT333 15135BAV3 2670000.00000000 PA USD 2414739.75000000 0.661061241971 Long DBT CORP US N 2 2030-02-15 Fixed 3.37500000 N N N N N N JACOBS ENGINEERING GROUP 549300CZ8QS1GE53O776 469814AA5 3568000.00000000 PA USD 3667333.83000000 1.003972480422 Long DBT CORP US N 2 2033-03-01 Fixed 5.90000000 N N N N N N 2025-05-29 AMG Funds III Thomas Disbrow Thomas Disbrow Principal Financial Officer XXXX