Penn Mutual AM 1847 Income Fund

Open-end / ETF

Registrant

ADVISORS' INNER CIRCLE III

Class ticker

PMEFX

Net Assets

$78,374,540

Holdings

Latest Report

Sep 30, 2025

Net Assets Over Time

Holdings · 89

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Showing 1–50 of 89 holdings by value · page 1 of 2

Holding	Symbol	Balance	Value	% of Fund	Side	Category
United States of America	91282CFW6	5,325,000	$5,327,288	6.80%	Long	SN
United States of America	91282CGR6	4,000,000	$4,013,406	5.12%	Long	SN
United States of America	91282CMV0	4,000,000	$4,011,875	5.12%	Long	SN
PITNEY BOWES INC.	724479506	194,238	$3,762,390	4.80%	Long	EP
United States of America	912828M56	3,705,000	$3,697,185	4.72%	Long	SN
United States of America	91282CHB0	3,500,000	$3,495,201	4.46%	Long	SN
—	—	3,297,244	$3,297,244	4.21%	Long	STIV
United States of America	91282CGA3	2,800,000	$2,800,082	3.57%	Long	SN
CERENCE INC.	156727AD1	2,575,000	$2,122,113	2.71%	Long	DBT
United States of America	9128286L9	2,000,000	$1,984,531	2.53%	Long	SN
SPECTRUM BRANDS, INC.	84762LAX3	1,996,000	$1,601,790	2.04%	Long	DBT
United States of America	912810QL5	1,500,000	$1,457,402	1.86%	Long	DBT
PARK AEROSPACE CORP.	PKE	52,000	$1,057,680	1.35%	Long	EC
Opera Ltd	OPRA	50,419	$1,040,648	1.33%	Long	EC
PACIRA BIOSCIENCES, INC.	695127AJ9	1,000,000	$1,013,494	1.29%	Long	DBT
OCEANEERING INTERNATIONAL, INC.	675232AB8	1,000,000	$1,012,368	1.29%	Long	DBT
BWX TECHNOLOGIES, INC.	05605HAC4	1,000,000	$968,131	1.24%	Long	DBT
APTIV SWISS HOLDINGS LIMITED	03837AAC4	1,000,000	$954,129	1.22%	Long	DBT
MOLSON COORS BEVERAGE COMPANY	60871RAD2	1,000,000	$934,598	1.19%	Long	DBT
HUNTINGTON INGALLS INDUSTRIES, INC.	HII	3,225	$928,510	1.18%	Long	EC
MATTEL, INC.	577081AW2	1,000,000	$921,193	1.18%	Long	DBT
THE GAP, INC.	364760AQ1	1,000,000	$908,612	1.16%	Long	DBT
CARRIAGE SERVICES, INC.	CSV	18,468	$822,565	1.05%	Long	EC
SOCIETE MINIERE BARRICK	B	24,800	$812,696	1.04%	Long	EC
PAPA JOHN'S INTERNATIONAL, INC.	PZZA	16,700	$804,105	1.03%	Long	EC
MINES AGNICO EAGLE LIMITEE	—	4,700	$792,232	1.01%	Long	EC
IMMERSION CORPORATION	IMMR	104,000	$763,360	0.97%	Long	EC
NACCO INDUSTRIES, INC.	NC	17,578	$741,088	0.95%	Long	EC
ALICO, INC.	—	21,000	$727,860	0.93%	Long	EC
HIKMA PHARMACEUTICALS PUBLIC LIMITED COMPANY	431288109	15,500	$717,611	0.92%	Long	EC
RAYONIER INC.	RYN	27,000	$716,580	0.91%	Long	EC
Arcos Dorados Holdings Inc.	ARCO	106,000	$715,500	0.91%	Long	EC
MPLX LP	MPLX	13,970	$697,802	0.89%	Long	EC
InterDigital, Inc.	IDCC	2,000	$690,460	0.88%	Long	EC
CALIFORNIA WATER SERVICE GROUP	CWT	14,950	$686,056	0.88%	Long	EC
SKYWORKS SOLUTIONS, INC.	83088MAL6	749,000	$677,827	0.86%	Long	DBT
United States of America	912797QS9	650,000	$645,496	0.82%	Long	DBT
THE YORK WATER COMPANY	YORW	21,000	$638,820	0.82%	Long	EC
MUELLER WATER PRODUCTS, INC.	624758AF5	632,000	$608,609	0.78%	Long	DBT
AAON, INC.	—	6,500	$607,360	0.77%	Long	EC
OCCIDENTAL PETROLEUM CORPORATION	OXY	11,325	$535,106	0.68%	Long	EC
DOMINO'S PIZZA GROUP PLC	25754W104	99,000	$534,600	0.68%	Long	EC
MARTIN MIDSTREAM PARTNERS L.P.	573334AK5	500,000	$531,778	0.68%	Long	DBT
CuriosityStream Inc	CURI	98,000	$519,400	0.66%	Long	EC
ADEIA INC.	ADEA	30,000	$504,000	0.64%	Long	EC
SMITH & NEPHEW PLC	SNN	13,325	$483,564	0.62%	Long	EC
Nomad Foods Limited	NOMD	36,500	$479,975	0.61%	Long	EC
Energizer Holdings, Inc.	29272WAD1	500,000	$479,530	0.61%	Long	DBT
MATTHEWS INTERNATIONAL CORPORATION	MATW	19,000	$461,320	0.59%	Long	EC
Global Ship Lease, Inc.	GSL	15,000	$460,500	0.59%	Long	EC

Showing the top 50 of 89 holdings. Create a free account to see every holding and download the CSV.