AMG FQ Global Risk-Balanced Z
Name
As of 08/19/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-16.0%
1 yr return
-8.8%
3 Yr Avg Return
-1.1%
5 Yr Avg Return
0.6%
Net Assets
$30.3 M
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.11%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 35.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
$50,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 08/19/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MMAFX - Profile
Distributions
- YTD Total Return -16.0%
- 3 Yr Annualized Total Return -1.1%
- 5 Yr Annualized Total Return 0.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.15%
- Dividend Yield 0.5%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAMG FQ Global Risk-Balanced Fund
-
Fund Family NameAMG Funds
-
Inception DateNov 18, 1988
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerEdgar Peters
Fund Description
• | Inflation-Protected Securities — Generally through investments in exchange traded funds (“ETFs”) and cash sovereign bonds. |
• | Sovereign (Foreign Country) Debt — Generally through futures on foreign country debt indices and cash sovereign bonds, which may be used to increase income or hedge against the Fund’s risks related to global equity exposure. |
• | Global (U.S. and Non-U.S.) Equities — Generally through equity investments and futures on equity country indices, although the Fund may also seek to gain exposure to various sectors by investing in ETFs. |
• | High Yield Bonds — Generally through investments in ETFs and derivative instruments such as total return swaps, which may be used for diversification or other purposes. |
• | Commodities — Generally through investments exposed to companies in the commodities sector and instruments linked to a commodity index or futures contract(s), particularly ETFs and exchange-traded notes (“ETNs”). |
• | Currency Markets — Generally through the use of derivative instruments such as foreign currency forwards on developed or emerging market currencies. |
MMAFX - Performance
Return Ranking - Trailing
Period | MMAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -16.0% | -35.9% | 32.5% | 86.76% |
1 Yr | -8.8% | -32.3% | 35.7% | 76.30% |
3 Yr | -1.1%* | -2.4% | 24.0% | 98.37% |
5 Yr | 0.6%* | -0.9% | 15.2% | 96.40% |
10 Yr | 2.9%* | -2.0% | 11.5% | 85.62% |
* Annualized
Return Ranking - Calendar
Period | MMAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.5% | -19.0% | 48.3% | 31.30% |
2022 | -7.3% | -16.5% | 52.8% | 95.90% |
2021 | 15.8% | -10.4% | 27.3% | 14.35% |
2020 | -12.4% | -29.6% | 2.4% | 70.32% |
2019 | 15.1% | -11.6% | 29.4% | 8.82% |
Total Return Ranking - Trailing
Period | MMAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -16.0% | -35.9% | 32.5% | 82.35% |
1 Yr | -8.8% | -32.3% | 35.7% | 69.63% |
3 Yr | -1.1%* | -2.5% | 24.0% | 97.56% |
5 Yr | 0.6%* | -1.4% | 15.2% | 96.40% |
10 Yr | 2.9%* | -2.0% | 11.5% | 84.97% |
* Annualized
Total Return Ranking - Calendar
Period | MMAFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.5% | -19.0% | 48.3% | 30.92% |
2022 | -7.3% | -16.5% | 52.8% | 95.90% |
2021 | 15.8% | -10.4% | 27.3% | 14.35% |
2020 | -10.1% | -29.6% | 2.4% | 68.95% |
2019 | 15.9% | -5.4% | 29.4% | 21.57% |
NAV & Total Return History
MMAFX - Holdings
Concentration Analysis
MMAFX | Category Low | Category High | MMAFX % Rank | |
---|---|---|---|---|
Net Assets | 30.3 M | 1.96 M | 15.7 B | 81.68% |
Number of Holdings | 50 | 2 | 3255 | 42.49% |
Net Assets in Top 10 | 42.4 M | 349 K | 12.1 B | 71.43% |
Weighting of Top 10 | N/A | 22.2% | 100.0% | 14.06% |
Top 10 Holdings
- United States Treasury Bills 0.68701% 33.44%
- US Treasury Bond Future Dec 20 26.67%
- US Treasury Bond Future Dec 20 26.67%
- US Treasury Bond Future Dec 20 26.67%
- US Treasury Bond Future Dec 20 26.67%
- US Treasury Bond Future Dec 20 26.67%
- US Treasury Bond Future Dec 20 26.67%
- US Treasury Bond Future Dec 20 26.67%
- US Treasury Bond Future Dec 20 26.67%
- US Treasury Bond Future Dec 20 26.67%
Asset Allocation
Weighting | Return Low | Return High | MMAFX % Rank | |
---|---|---|---|---|
Bonds | 86.77% | 0.00% | 194.08% | 10.62% |
Stocks | 38.58% | 0.00% | 238.38% | 63.37% |
Other | 10.03% | -72.87% | 73.78% | 21.25% |
Convertible Bonds | 0.10% | 0.00% | 8.92% | 39.56% |
Preferred Stocks | 0.00% | 0.00% | 6.21% | 55.31% |
Cash | -35.49% | -163.86% | 88.88% | 93.77% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MMAFX % Rank | |
---|---|---|---|---|
Financial Services | 15.17% | 0.00% | 98.22% | 25.00% |
Basic Materials | 13.67% | 0.00% | 56.73% | 7.02% |
Real Estate | 11.89% | 0.00% | 99.45% | 18.42% |
Technology | 11.13% | 0.00% | 85.77% | 71.93% |
Industrials | 9.99% | 0.00% | 23.85% | 44.74% |
Consumer Cyclical | 9.33% | 0.00% | 25.83% | 43.86% |
Healthcare | 7.48% | 0.00% | 38.63% | 77.63% |
Energy | 7.26% | 0.00% | 60.89% | 30.70% |
Consumer Defense | 5.61% | 0.00% | 37.51% | 59.21% |
Communication Services | 4.69% | 0.00% | 21.61% | 60.53% |
Utilities | 3.79% | 0.00% | 91.12% | 36.84% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MMAFX % Rank | |
---|---|---|---|---|
Non US | 23.59% | -6.82% | 98.11% | 14.29% |
US | 14.99% | -1.19% | 235.84% | 73.99% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MMAFX % Rank | |
---|---|---|---|---|
Government | 58.42% | 0.00% | 99.78% | 24.18% |
Cash & Equivalents | 36.17% | 0.22% | 100.00% | 45.05% |
Corporate | 5.41% | 0.00% | 98.30% | 48.35% |
Derivative | 0.00% | 0.00% | 72.21% | 67.40% |
Securitized | 0.00% | 0.00% | 52.99% | 67.40% |
Municipal | 0.00% | 0.00% | 19.13% | 58.97% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MMAFX % Rank | |
---|---|---|---|---|
Non US | 53.46% | -2.67% | 70.80% | 5.49% |
US | 33.31% | -17.22% | 123.28% | 27.84% |
MMAFX - Expenses
Operational Fees
MMAFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.11% | 0.44% | 3.72% | 69.49% |
Management Fee | 0.60% | 0.00% | 1.50% | 20.15% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.05% | 0.70% | 60.00% |
Sales Fees
MMAFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MMAFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MMAFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 35.00% | 0.00% | 441.00% | 20.66% |
MMAFX - Distributions
Dividend Yield Analysis
MMAFX | Category Low | Category High | MMAFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.48% | 0.00% | 13.62% | 37.73% |
Dividend Distribution Analysis
MMAFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
MMAFX | Category Low | Category High | MMAFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.15% | -2.12% | 13.72% | 31.34% |
Capital Gain Distribution Analysis
MMAFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 15, 2021 | $0.064 | OrdinaryDividend |
Dec 16, 2020 | $0.116 | OrdinaryDividend |
Dec 16, 2019 | $0.635 | OrdinaryDividend |
Dec 27, 2018 | $0.355 | OrdinaryDividend |
Dec 27, 2017 | $0.108 | OrdinaryDividend |
Dec 28, 2016 | $0.227 | OrdinaryDividend |
Dec 29, 2015 | $0.263 | OrdinaryDividend |
Dec 29, 2014 | $0.432 | OrdinaryDividend |
Dec 27, 2012 | $0.456 | OrdinaryDividend |
Dec 28, 2011 | $0.563 | OrdinaryDividend |
Dec 29, 2010 | $0.576 | OrdinaryDividend |
Dec 29, 2009 | $0.098 | OrdinaryDividend |
Dec 29, 2008 | $0.480 | OrdinaryDividend |
Dec 27, 2007 | $0.475 | OrdinaryDividend |
Sep 26, 2007 | $0.030 | OrdinaryDividend |
Jun 27, 2007 | $0.040 | OrdinaryDividend |
Mar 28, 2007 | $0.040 | OrdinaryDividend |
Dec 27, 2006 | $0.030 | OrdinaryDividend |
Sep 27, 2006 | $0.020 | OrdinaryDividend |
Jun 28, 2006 | $0.125 | OrdinaryDividend |
Mar 29, 2006 | $0.125 | OrdinaryDividend |
Dec 28, 2005 | $0.429 | OrdinaryDividend |
Sep 28, 2005 | $0.040 | OrdinaryDividend |
Jun 28, 2005 | $0.110 | OrdinaryDividend |
Mar 29, 2005 | $0.037 | OrdinaryDividend |
MMAFX - Fund Manager Analysis
Managers
Edgar Peters
Start Date
Tenure
Tenure Rank
Sep 15, 2009
12.72
12.7%
Edgar Peters is a Partner and senior member of the investment management team at First Quadrant since 2008. He became a partner in 2010. He is involved in all aspects of product development: model building, risk measurement, risk allocation, and portfolio optimization. Prior to joining First Quadrant he spent 23 years with PanAgora Asset Management where he was, over time, an equity portfolio manager, Director of Tactical Asset Allocation, Chief Investment Officer of Macro Investments, and Chief Investment Officer. Mr. Peters holds an MBA from Rutgers University.
Dori Levanoni
Start Date
Tenure
Tenure Rank
Sep 15, 2009
12.72
12.7%
Dori Levanoni is a senior member of First Quadrant’s Investments team. In his more than two decades with First Quadrant, Dori has been involved in nearly every aspect of the firm’s investment process, contributing to research, risk measurement, risk allocation, portfolio optimization, trading, and portfolio management. Dori has played an integral role as portfolio manager for a number of strategies across the firm’s global macro and global equity platforms, and has also contributed his insights to various research projects, journals, publications and speaking engagements. Dori began his career at First Quadrant in 1991, spending a brief period in the mid-1990s researching in the Department of Anatomy and Neurobiology at Washington University in St. Louis, before returning to the firm for the remainder of his tenure.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 33.83 | 6.55 | 13.0 |