AMG GW&K International Small Cap Fund - Portfolio Holdings as of August 31, 2021

Ticker Name Sector Asset Class Country Currency Par/Shares Price ($) Market Value ($) % of Fund 3676 Digital Hearts Holdings Co Ltd Information Technology Stock JP JPY 56,975 17.87 $1,018,247 2.04% KIT Kitron ASA Information Technology Stock NO NOK 449,414 2.20 $989,377 1.98% MIPS Mips Ab Consumer Discretionary Stock SE SEK 8,399 111.49 $936,421 1.87% 1308 SITC International Holdings Co Ltd Industrials Stock HK HKD 209,500 4.36 $912,602 1.83% DLTA Delta Plus Group Industrials Stock FR EUR 7,600 115.95 $881,217 1.76% ARJOB Arjo AB Health Care Stock SE SEK 68,415 12.83 $877,674 1.76% HDI Hardwoods Distribution Inc Industrials Stock CA CAD 28,549 30.13 $860,102 1.72% 2146 UT Group Co Ltd Industrials Stock JP JPY 30,500 27.40 $835,846 1.67% OBL Omni Bridgeway Ltd Financials Stock AU AUD 277,751 2.98 $828,248 1.66% HILS Hill & Smith Holdings PLC Materials Stock GB GBP 31,941 25.46 $813,289 1.63% VIH1 VIB Vermoegen AG Real Estate Stock DE EUR 17,854 45.52 $812,677 1.63% MAREL Marel HF 144A Industrials Stock IS EUR 106,318 7.51 $798,402 1.60% 5857 Asahi Holdings Inc Materials Stock JP JPY 38,675 20.19 $780,931 1.56% PUUILO Puuilo Oyj Consumer Discretionary Stock FI EUR 70,270 10.61 $745,248 1.49% 3916 Digital Information Technologies Corp Information Technology Stock JP JPY 40,946 17.97 $735,768 1.47% 9386 Nippon Concept Corp Industrials Stock JP JPY 38,321 19.04 $729,596 1.46% SFZN Siegfried Holding Ag Health Care Stock CH CHF 755 965.30 $728,803 1.46% GVS Gvs Spa 144A Health Care Stock IT EUR 38,007 19.11 $726,245 1.45% AIF Altus Group Ltd Real Estate Stock CA CAD 13,612 52.59 $715,853 1.43% ERGO Ergomed PLC Health Care Stock GB GBP 35,602 20.07 $714,632 1.43% CKN Industrials Stock GB GBP 13,386 52.52 $703,023 1.41% RSTON Riverstone Holdings Ltd Health Care Stock SG SGD 722,300 0.94 $676,167 1.35% HFG PLC Consumer Staples Stock GB GBP 41,190 16.34 $672,843 1.35% CUERVO* Becle SAB de CV Consumer Staples Stock MX MXN 262,300 2.56 $672,728 1.35% 9824 Senshu Electric Co Ltd Industrials Stock JP JPY 17,025 39.30 $669,161 1.34% RCH Richelieu Hardware Ltd Industrials Stock CA CAD 18,260 36.06 $658,527 1.32% HUH1V Huhtamaki Oyj Materials Stock FI EUR 12,226 53.42 $653,167 1.31% 3549 Kusuri no Aoki Holdings Co Ltd Consumer Staples Stock JP JPY 9,275 70.10 $650,162 1.30%

Disclosure: Mention of a specific security should not be considered a recommendation to buy or a solicitation to sell that security. Holdings listed are as Page 1 of 3 of the date of publication and are subject to change. Investors should carefully consider the Fund’s investment objectives, risks, charges and expenses before investing. For this and other information, please call 800.835.3879 or visit www.amgfunds.com to download a free prospectus. Read it carefully before investing or sending money. Funds are distributed by AMG Distributors, Inc., a member of FINRA/SIPC. AMG GW&K International Small Cap Fund - Portfolio Holdings as of August 31, 2021

Ticker Name Sector Asset Class Country Currency Par/Shares Price ($) Market Value ($) % of Fund RENX Renalytix PLC Health Care Stock US GBP 45,056 14.37 $647,523 1.30% DEC Co PLC Energy Stock US GBP 418,800 1.54 $643,316 1.29% 1979 Ten Pao Group Holdings Ltd Industrials Stock CN HKD 2,153,000 0.30 $639,468 1.28% EAGLE Eagle Cement Corp Materials Stock PH PHP 2,214,275 0.29 $634,685 1.27% LD La Doria SpA Consumer Staples Stock IT EUR 29,217 21.51 $628,553 1.26% MAXO Max Stock Ltd Consumer Discretionary Stock IL ILS 172,809 3.62 $626,364 1.25% 3633 GMO Pepabo Inc Information Technology Stock JP JPY 18,950 33.05 $626,222 1.25% 6420 Fukushima Galilei Co Ltd Industrials Stock JP JPY 14,200 44.06 $625,611 1.25% HPAR Haw Par Corp Ltd Health Care Stock SG SGD 64,000 9.69 $619,899 1.24% EMBRACB Embracer Group AB, Class B Communication Services Stock SE SEK 26,947 22.76 $613,417 1.23% AGI Alliance Global Group Inc Industrials Stock PH PHP 2,957,900 0.21 $612,389 1.23% 35 Far East Consortium International Ltd Real Estate Stock HK HKD 1,688,140 0.36 $612,097 1.22% 4848 FULLCAST Holdings Co Ltd Industrials Stock JP JPY 31,700 19.25 $610,245 1.22% 2377 Micro-Star International Co Ltd Information Technology Stock TW TWD 129,500 4.69 $607,591 1.22% MSLH Marshalls PLC Materials Stock GB GBP 54,488 11.12 $605,670 1.21% SEDANA Sedana Medical AB Health Care Stock SE SEK 54,955 11.00 $604,671 1.21% CGY Calian Group Ltd Industrials Stock CA CAD 11,782 51.25 $603,832 1.21% PIERCE Pierce Group AB Consumer Discretionary Stock SE SEK 63,418 9.49 $601,885 1.20% MARR Marr SpA Consumer Staples Stock IT EUR 24,641 24.23 $597,035 1.19% SAABB Saab AB Industrials Stock SE SEK 19,995 29.85 $596,807 1.19% FDR Fluidra SA Industrials Stock ES EUR 14,542 40.82 $593,654 1.19% VID Vidrala SA Materials Stock ES EUR 5,126 115.60 $592,542 1.19% ESLT Elbit Systems Ltd [ILS] Industrials Stock IL ILS 4,069 145.48 $591,945 1.18% SAR Sarantis SA Consumer Staples Stock GR EUR 55,680 10.63 $591,697 1.18% MMK Mayr Melnhof Karton AG Materials Stock AT EUR 2,799 210.88 $590,259 1.18% 3076 Ai Holdings Corp Information Technology Stock JP JPY 28,650 20.28 $581,061 1.16% ELO Elopak ASA Materials Stock NO NOK 184,900 3.13 $579,524 1.16% 7595 Argo Graphics Inc Information Technology Stock JP JPY 19,225 29.77 $572,294 1.14% PAT PATRIZIA AG Real Estate Stock DE EUR 23,087 24.51 $565,878 1.13%

Disclosure: Mention of a specific security should not be considered a recommendation to buy or a solicitation to sell that security. Holdings listed are as Page 2 of 3 of the date of publication and are subject to change. Investors should carefully consider the Fund’s investment objectives, risks, charges and expenses before investing. For this and other information, please call 800.835.3879 or visit www.amgfunds.com to download a free prospectus. Read it carefully before investing or sending money. Funds are distributed by AMG Distributors, Inc., a member of FINRA/SIPC. AMG GW&K International Small Cap Fund - Portfolio Holdings as of August 31, 2021

Ticker Name Sector Asset Class Country Currency Par/Shares Price ($) Market Value ($) % of Fund STM Stabilus SA Industrials Stock LU EUR 7,186 78.67 $565,331 1.13% SCHO Schouw & Co A/S Consumer Staples Stock DK DKK 5,197 108.46 $563,687 1.13% COR Corticeira Amorim SGPS SA Materials Stock PT EUR 41,014 13.70 $562,081 1.12% 3036 Alconix Corp Industrials Stock JP JPY 38,700 14.45 $559,306 1.12% RHM Rheinmetall AG Industrials Stock DE EUR 5,675 97.79 $554,970 1.11% 2353 Nippon Parking Development Co Ltd Industrials Stock JP JPY 364,975 1.52 $553,587 1.11% 6277 Hosokawa Micron Corp Industrials Stock JP JPY 8,925 59.78 $533,513 1.07% 3723 Nihon Falcom Corp Communication Services Stock JP JPY 41,425 12.86 $532,855 1.07% 1949 Sumitomo Densetsu Co Ltd Industrials Stock JP JPY 26,475 20.02 $529,993 1.06% 8051 Yamazen Corp Industrials Stock JP JPY 52,775 9.95 $524,982 1.05% TET Treatt PLC Materials Stock GB GBP 35,293 14.57 $514,339 1.03% 1890 Toyo Construction Co Ltd Industrials Stock JP JPY 99,800 5.12 $510,872 1.02% GTX Garrett Motion Inc Consumer Discretionary Stock CH USD 68,815 6.98 $480,329 0.96% EG7 Enad Global 7 AB Communication Services Stock SE SEK 91,183 5.10 $464,926 0.93% PDX Paradox Interactive AB Health Care Stock SE SEK 24,124 18.54 $447,287 0.89% HERDEZ* Grupo Herdez SAB De CV Consumer Staples Stock MX MXN 177,978 2.17 $385,395 0.77% 1475 Nissin Foods Co Ltd Consumer Staples Stock HK HKD 516,750 0.69 $358,777 0.72% Cash & Equivalents Cash Currency US USD 0 $1,932,870 3.87%

Disclosure: Mention of a specific security should not be considered a recommendation to buy or a solicitation to sell that security. Holdings listed are as Page 3 of 3 of the date of publication and are subject to change. Investors should carefully consider the Fund’s investment objectives, risks, charges and expenses before investing. For this and other information, please call 800.835.3879 or visit www.amgfunds.com to download a free prospectus. Read it carefully before investing or sending money. Funds are distributed by AMG Distributors, Inc., a member of FINRA/SIPC.