Fund
ARSMX
Price as of:
$9.47
- $0.02
- 0.21%
Primary Theme
fund company
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-0.6%
1 yr return
6.5%
3 Yr Avg Return
10.1%
5 Yr Avg Return
4.6%
Net Assets
$329 M
Holdings in Top 10
29.8%
52 WEEK LOW AND HIGH
$9.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.28%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 44.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
ARSMX - Profile
Distributions
- YTD Total Return -0.6%
- 3 Yr Annualized Total Return 10.1%
- 5 Yr Annualized Total Return 4.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.38%
- Dividend Yield 0.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAMG River Road Small-Mid Cap Value Fund
-
Fund Family NameAMGFUNDSGR
-
Inception DateSep 29, 2017
-
Shares OutstandingN/A
-
Share ClassN
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerR. Andrew Beck
Fund Description
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The Fund currently considers small- /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"and mid-capitalization companies to be those with market /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"capitalizations at the time of acquisition within the range of /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"capitalizations of companies in the Russell 2500/spanspan style="color: #000000; font-family: times new roman; font-size: 6.5pt; position: relative; top: -4.25pt;"TM /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"Index /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"(between $/spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"119.4/spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;" million and $/spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"18.6/spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;" billion as of April 30, /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"2025/spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;", /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"the date of the latest reconstitution of the Index (implemented by /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"the Index June /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"27/spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;", /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"2025/spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;")). This capitalization range will change /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"over time. The Fund may continue to hold securities of a /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"portfolio company that subsequently drops below or appreciates /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"above this capitalization range. Because of this, the Fund may /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"have less than 80% of its net assets in securities of small- and /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"mid-cap companies at any given time. Value investing involves /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"buying stocks that the Subadviser believes are out of favor and/or /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"undervalued in comparison to their peers or their prospects for /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"growth. The Fund may invest in real estate investment trusts /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"(“REITs”), convertible preferred stocks, and foreign securities /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"(directly and through depositary receipts). The Fund may also /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"invest in common stock of companies with market capitalizations /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"that exceed that of the Russell 2500/spanspan style="color: #000000; font-family: times new roman; font-size: 6.5pt; position: relative; top: -4.25pt;"TM /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"Index at the time of /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"acquisition./spanspan style="color: #000000; font-family: times new roman; font-size: 10pt; line-height: 10.75pt;" /span/div div style="margin-top: 6pt;"span style="color: #000000; font-family: times new roman; font-size: 10pt;"The Subadviser’s investment philosophy is based upon its proprietary/spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;" Absolute Value/spanspan style="color: #000000; font-family: times new roman; font-size: 6.5pt; position: relative; top: -4.25pt;"®/spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;" approach, which seeks to generate /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"attractive, sustainable returns over the long term, with an /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"emphasis on minimizing downside portfolio risk./spanspan style="color: #000000; font-family: times new roman; font-size: 10pt; line-height: 10.75pt;" /span/div div style="margin-top: 6pt;"span style="color: #000000; font-family: times new roman; font-size: 10pt;"The Subadviser builds the Fund’s portfolio from the bottom up, /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"making security-specific research central to the Subadviser’s /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"process. At the core of the Subadviser’s Absolute Value/spanspan style="color: #000000; font-family: times new roman; font-size: 6.5pt; position: relative; top: -4.25pt;"®/spanspan style="color: #000000; font-family: times new roman; font-size: 10pt; line-height: 10.75pt;" /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"approach is a systematic method for assessing the ‘risk-to-reward’/spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;" characteristics of an investment. The goal of the research /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"process is to formulate two outputs from which an investment /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"decision is made – conviction rating (risk) and discount to value /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"(reward). The Subadviser combines a stock’s conviction rating /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"with its discount to value in an effort to determine not only /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"whether the stock qualifies for investment, but also how the /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"stock will be sized within the Fund./spanspan style="color: #000000; font-family: times new roman; font-size: 10pt; line-height: 10.75pt;" /span/div div style="margin-top: 6pt;"span style="color: #000000; font-family: times new roman; font-size: 10pt;"The Subadviser employs a balanced approach to diversification /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"and a structured sell discipline that seeks to reduce portfolio /spanspan style="color: #000000; font-family: times new roman; font-size: 10pt;"volatility and the risk of permanent loss of capital./span/div
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ARSMX - Performance
Return Ranking - Trailing
| Period | ARSMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.6% | -6.7% | 28.3% | 97.19% |
| 1 Yr | 6.5% | -2.8% | 63.7% | 97.44% |
| 3 Yr | 10.1%* | -3.0% | 34.9% | 82.61% |
| 5 Yr | 4.6%* | -5.2% | 44.1% | 81.08% |
| 10 Yr | 9.5%* | 2.9% | 31.2% | 50.17% |
* Annualized
Return Ranking - Calendar
| Period | ARSMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | -0.8% | -51.1% | 63.2% | 54.22% |
| 2024 | 3.2% | -39.7% | 22.5% | 36.32% |
| 2023 | 10.0% | -6.0% | 33.6% | 60.51% |
| 2022 | -12.8% | -33.6% | 212.9% | 28.87% |
| 2021 | 16.3% | -62.0% | 147.6% | 59.89% |
Total Return Ranking - Trailing
| Period | ARSMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.6% | -6.7% | 28.3% | 97.19% |
| 1 Yr | 6.5% | -2.8% | 63.7% | 97.44% |
| 3 Yr | 10.1%* | -3.0% | 34.9% | 82.61% |
| 5 Yr | 4.6%* | -5.2% | 44.1% | 81.08% |
| 10 Yr | 9.5%* | 2.9% | 31.2% | 50.17% |
* Annualized
Total Return Ranking - Calendar
| Period | ARSMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 4.0% | -6.4% | 67.1% | 63.68% |
| 2024 | 12.5% | -7.4% | 26.1% | 17.39% |
| 2023 | 14.4% | 1.8% | 35.4% | 61.54% |
| 2022 | -8.5% | -25.2% | 250.0% | 30.97% |
| 2021 | 23.3% | -3.0% | 157.9% | 89.97% |
NAV & Total Return History
ARSMX - Holdings
Concentration Analysis
| ARSMX | Category Low | Category High | ARSMX % Rank | |
|---|---|---|---|---|
| Net Assets | 329 M | 6.04 M | 64.9 B | 57.54% |
| Number of Holdings | 78 | 10 | 1553 | 72.63% |
| Net Assets in Top 10 | 108 M | 482 K | 3.72 B | 47.06% |
| Weighting of Top 10 | 29.76% | 6.1% | 101.9% | 23.85% |
Top 10 Holdings
- FICC 4.01%
- White Mountains Insurance Group Ltd 3.75%
- BJ's Wholesale Club Holdings Inc 3.36%
- McGrath RentCorp 3.06%
- Murphy USA Inc 2.96%
- Lithia Motors Inc 2.75%
- UniFirst Corp/MA 2.74%
- CoreCivic Inc 2.64%
- Assured Guaranty Ltd 2.31%
- ICON PLC 2.17%
Asset Allocation
| Weighting | Return Low | Return High | ARSMX % Rank | |
|---|---|---|---|---|
| Stocks | 96.07% | 3.76% | 103.27% | 85.17% |
| Other | 5.66% | -0.55% | 21.38% | 4.09% |
| Preferred Stocks | 0.00% | 0.00% | 0.95% | 98.72% |
| Convertible Bonds | 0.00% | 0.00% | 2.63% | 98.70% |
| Cash | 0.00% | 0.00% | 30.93% | 100.00% |
| Bonds | 0.00% | 0.00% | 141.40% | 98.21% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ARSMX % Rank | |
|---|---|---|---|---|
| Industrials | 23.58% | 0.65% | 48.61% | 10.76% |
| Technology | 15.85% | 0.00% | 27.23% | 5.25% |
| Consumer Cyclical | 14.44% | 0.35% | 51.62% | 26.51% |
| Financial Services | 14.10% | 0.00% | 35.05% | 89.24% |
| Healthcare | 7.54% | 0.00% | 25.76% | 31.76% |
| Consumer Defense | 7.15% | 0.00% | 13.22% | 12.60% |
| Energy | 6.22% | 0.00% | 29.42% | 70.87% |
| Real Estate | 3.32% | 0.00% | 44.41% | 79.00% |
| Basic Materials | 2.95% | 0.00% | 67.30% | 88.71% |
| Utilities | 2.77% | 0.00% | 13.86% | 40.42% |
| Communication Services | 2.10% | 0.00% | 17.58% | 56.96% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ARSMX % Rank | |
|---|---|---|---|---|
| US | 96.07% | 3.76% | 103.27% | 80.56% |
| Non US | 0.00% | 0.00% | 61.95% | 99.49% |
ARSMX - Expenses
Operational Fees
| ARSMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.28% | 0.03% | 36.05% | 40.41% |
| Management Fee | 0.75% | 0.01% | 1.50% | 51.03% |
| 12b-1 Fee | 0.24% | 0.00% | 1.00% | 29.60% |
| Administrative Fee | 0.15% | 0.01% | 0.35% | 79.17% |
Sales Fees
| ARSMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| ARSMX 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.
| ARSMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 44.00% | 7.00% | 252.00% | 40.12% |
ARSMX - Distributions
Dividend Yield Analysis
| ARSMX | Category Low | Category High | ARSMX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.25% | 0.00% | 14.14% | 32.99% |
Dividend Distribution Analysis
| ARSMX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| ARSMX | Category Low | Category High | ARSMX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.38% | -1.43% | 4.13% | 90.81% |
Capital Gain Distribution Analysis
| ARSMX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 16, 2025 | $0.023 | OrdinaryDividend |
| Dec 16, 2025 | $0.183 | CapitalGainShortTerm |
| Dec 16, 2025 | $0.264 | CapitalGainLongTerm |
| Dec 16, 2024 | $0.891 | OrdinaryDividend |
| Dec 16, 2024 | $0.024 | OrdinaryDividend |
| Dec 16, 2024 | $0.041 | CapitalGainShortTerm |
| Dec 16, 2024 | $0.826 | CapitalGainLongTerm |
| Dec 14, 2023 | $0.011 | OrdinaryDividend |
| Dec 14, 2023 | $0.103 | CapitalGainShortTerm |
| Dec 14, 2023 | $0.248 | CapitalGainLongTerm |
| Dec 15, 2022 | $0.410 | OrdinaryDividend |
| Dec 15, 2021 | $0.568 | CapitalGainLongTerm |
| Dec 16, 2019 | $0.007 | OrdinaryDividend |
| Dec 16, 2019 | $0.066 | CapitalGainShortTerm |
| Dec 16, 2019 | $0.078 | CapitalGainLongTerm |
| Dec 27, 2018 | $0.177 | CapitalGainShortTerm |
| Dec 27, 2018 | $0.365 | CapitalGainLongTerm |
| Dec 27, 2017 | $0.213 | CapitalGainShortTerm |
| Dec 27, 2017 | $0.918 | CapitalGainLongTerm |
| Dec 27, 2017 | $0.017 | OrdinaryDividend |
| Dec 27, 2016 | $0.009 | OrdinaryDividend |
| Dec 27, 2016 | $0.010 | CapitalGainShortTerm |
| Dec 27, 2016 | $0.571 | CapitalGainLongTerm |
| Dec 30, 2015 | $1.112 | CapitalGainLongTerm |
| Dec 30, 2014 | $0.452 | CapitalGainShortTerm |
| Dec 30, 2014 | $0.976 | CapitalGainLongTerm |
| Dec 30, 2013 | $0.207 | CapitalGainShortTerm |
| Dec 30, 2013 | $1.288 | CapitalGainLongTerm |
| Dec 30, 2013 | $0.017 | OrdinaryDividend |
| Dec 28, 2012 | $0.031 | CapitalGainShortTerm |
| Dec 28, 2012 | $0.480 | CapitalGainLongTerm |
| Dec 28, 2012 | $0.125 | OrdinaryDividend |
| Dec 29, 2011 | $0.084 | CapitalGainShortTerm |
| Dec 29, 2011 | $1.975 | CapitalGainLongTerm |
| Dec 29, 2010 | $0.083 | CapitalGainLongTerm |
| Dec 29, 2010 | $0.031 | OrdinaryDividend |
| Dec 29, 2008 | $0.011 | OrdinaryDividend |
ARSMX - Fund Manager Analysis
Managers
R. Andrew Beck
Start Date
Tenure
Tenure Rank
Mar 29, 2007
15.18
15.2%
Mr. Beck serves as Chief Executive Officer for River Road. Additionally, he is a portfolio manager for River Road’s Small Cap Value, Small-Mid Cap Value, Mid Cap Value, and Focused Absolute Value® Portfolios. Mr. Beck is the largest individual shareholder in the firm and serves as Chair of the Executive Committee, River Road’s governing body. Prior to co-founding River Road in 2005, Mr. Beck served as Senior Research Analyst and, later, Senior Vice President and Portfolio Manager for SMC Capital Inc. (Commonwealth SMC).
James Shircliff
Start Date
Tenure
Tenure Rank
Mar 29, 2007
15.18
15.2%
Mr. Shircliff serves as a portfolio manager for River Road’s Small Cap Value and Small-Mid Cap Value Portfolios. He previously served as the firm’s Chief Investment Officer and a portfolio manager for the firm’s Dividend All-Cap Value Portfolios. Mr. Shircliff holds equity in the firm. Prior to co-founding River Road in 2005, Mr. Shircliff served as EVP, Portfolio Manager and Director of Research for SMC Capital Inc. (Commonwealth SMC). Mr. Shircliff has more than 45 years of investment experience.
J. Justin Akin
Start Date
Tenure
Tenure Rank
Mar 01, 2012
10.25
10.3%
Mr. Akin serves as a portfolio manager for River Road’s Small Cap Value and Small-Mid Cap Value Portfolios. Mr. Akin holds equity in the firm. Prior to joining River Road in 2005, Mr. Akin worked with the firm’s founders at Commonwealth SMC as Equity Research Analyst for the Small Cap Value and Dividend All-Cap Value Portfolios.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 37.45 | 8.37 | 3.58 |