About AFAVX
AMG River Road Focused Absolute Value Fund Class I is an actively managed mutual fund focused on achieving long-term capital appreciation through value-oriented equity investments. The fund primarily invests in stocks of both U.S. and non-U.S. companies across all market capitalizations, with a particular emphasis on mid-sized firms. Its approach centers on a fundamentals-driven Absolute Value® investment philosophy, seeking securities that are considered undervalued relative to their intrinsic worth. The portfolio construction employs rigorous bottom-up, fundamental analysis to identify companies trading below their estimated value, aiming to preserve capital while participating in market appreciation. Diversification spans sectors such as financial services, consumer defensive, technology, and health care, reflected in holdings like Berkshire Hathaway, Fairfax Financial Holdings, and The Kroger Co. The fund is managed by a seasoned team at River Road Asset Management, maintaining a disciplined risk framework and cost-conscious structure. As part of the mid-value category, it plays a key role for investors seeking exposure to equity markets with an emphasis on value and risk management.
Fund Family AMG Funds
Category Mid-Cap Value
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol AFAVX
Share Class Class I Shares
Index Russell 3000 Value TR
AFAVX had a total return of -7.70% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.49%.
