AMG River Road Mid Cap Value Fund - Class I (ABMIX)
| Fund Assets | 334.12M |
| Expense Ratio | 0.81% |
| Min. Investment | $100,000 |
| Turnover | 77.00% |
| Dividend (ttm) | 2.97 |
| Dividend Yield | 12.96% |
| Dividend Growth | 2,065.84% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 22.74 |
| YTD Return | 4.14% |
| 1-Year Return | 16.35% |
| 5-Year Return | 132.41% |
| 52-Week Low | 19.43 |
| 52-Week High | 26.26 |
| Beta (5Y) | n/a |
| Holdings | 52 |
| Inception Date | Jul 6, 2004 |
About ABMIX
AMG River Road Mid Cap Value Fund Class I is a mutual fund focused on investing primarily in U.S. mid-cap equity securities that are considered undervalued by the management team. The fund applies a value-oriented investment approach, seeking companies with market capitalizations typically between $1 billion and $8 billion, which are trading at attractive valuations relative to their long-term potential. Its portfolio is diversified across sectors, with notable weightings in financial services, consumer cyclical, consumer defensive, healthcare, and industrials. Major holdings often include companies like Fairfax Financial Holdings, LKQ Corp, and BJ's Wholesale Club. Designed for institutional investors, the fund maintains a competitive expense ratio within its peer group and targets clients seeking exposure to the mid-cap value segment of the U.S. equity market. By focusing on companies with solid fundamentals but slower growth and lower price ratios, the fund aims to provide balanced exposure to the mid-cap value space, which represents a significant portion of the overall U.S. equity market.
Performance
ABMIX had a total return of 16.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.53%.
Top 10 Holdings
32.95% of assets| Name | Symbol | Weight |
|---|---|---|
| Willis Towers Watson Public Limited Company | WTW | 4.14% |
| Labcorp Holdings Inc. | LH | 3.70% |
| Lithia Motors, Inc. | LAD | 3.58% |
| GE HealthCare Technologies Inc. | GEHC | 3.58% |
| CACI International Inc | CACI | 3.13% |
| Carlisle Companies Incorporated | CSL | 3.11% |
| lululemon athletica inc. | LULU | 3.03% |
| Cash & Cash Equivalents | n/a | 2.98% |
| Expeditors International of Washington, Inc. | EXPD | 2.92% |
| SS&C Technologies Holdings, Inc. | SSNC | 2.78% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $2.9672 | Dec 16, 2024 |
| Dec 14, 2023 | $0.137 | Dec 14, 2023 |
| Dec 15, 2022 | $1.6021 | Dec 15, 2022 |
| Dec 15, 2021 | $0.598 | Dec 15, 2021 |
| Mar 24, 2021 | $20.1193 | Mar 24, 2021 |
| Dec 16, 2020 | $1.988 | Dec 16, 2020 |