AMG GW&K Municipal Enhanced Yield I (GWMEX)
| Fund Assets | 162.09M |
| Expense Ratio | 0.64% |
| Min. Investment | $100,000 |
| Turnover | 32.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.71% |
| Dividend Growth | 6.73% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 29, 2025 |
| Previous Close | 8.34 |
| YTD Return | -3.94% |
| 1-Year Return | -3.87% |
| 5-Year Return | 4.89% |
| 52-Week Low | 8.19 |
| 52-Week High | 9.11 |
| Beta (5Y) | 0.41 |
| Holdings | 84 |
| Inception Date | Dec 30, 2005 |
About GWMEX
AMG GW&K Municipal Enhanced Yield Fund Class I is a mutual fund designed to provide investors with a high level of current income that is generally exempt from federal income taxes. The fund achieves this by primarily investing in a diversified portfolio of U.S. municipal bonds, which are debt securities issued by state and local governments or their agencies. Its strategy focuses on both capital preservation and appreciation, aiming to balance stable income generation with potential for value growth in its holdings. A distinguishing characteristic of the fund is its emphasis on enhanced yield, seeking to deliver higher income relative to traditional municipal bond funds. This is accomplished through active management and careful selection of municipal securities, leveraging the expertise of its subadviser, a firm with decades of experience in the municipal bond market. The fund serves a vital role for investors seeking tax-advantaged income, and it contributes to the financial market by supporting municipal projects while providing an income-oriented option for income-focused portfolios.
Performance
GWMEX had a total return of -3.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.39%.
Top 10 Holdings
29.98% of assets| Name | Symbol | Weight |
|---|---|---|
| TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV 5% | TX.TXSTRN 5 06.30.2058 | 3.95% |
| PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5% | CO.PUBUTL 6.5 11.15.2038 | 3.81% |
| RICHLAND CNTY S C SCH DIST NO 002 1.875% | SC.RICSCD 1.88 03.01.2038 | 3.17% |
| PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV 5.25% | PA.PASDEV 5.25 06.30.2053 | 3.02% |
| CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5% | NE.CENPWR 5 09.01.2042 | 2.87% |
| CHATTANOOGA TENN ELEC REV 2% | TN.CHAPWR 2 09.01.2040 | 2.78% |
| NEW YORK TRANSN DEV CORP EXEMPT FAC REV 4% | NY.NYTTRN 4 04.30.2053 | 2.77% |
| RHODE IS ST HEALTH & EDL BLDG CORP REV 5.25% | RI.RISMED 5.25 05.15.2054 | 2.68% |
| ESCAMBIA CNTY FLA HEALTH FACS AUTH HEALTH FAC REV 4% | FL.ESCMED 4 08.15.2050 | 2.47% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5.625% | NY.NYTTRN 5.62 04.01.2040 | 2.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 29, 2025 | $0.027 | Jul 29, 2025 |
| Jun 26, 2025 | $0.0265 | Jun 26, 2025 |
| May 28, 2025 | $0.0267 | May 28, 2025 |
| Apr 28, 2025 | $0.0259 | Apr 28, 2025 |
| Mar 27, 2025 | $0.0265 | Mar 27, 2025 |
| Feb 26, 2025 | $0.0238 | Feb 26, 2025 |