AMG GW&K Municipal Bond Fund Class I (GWMIX)
| Fund Assets | 972.43M |
| Expense Ratio | 0.39% |
| Min. Investment | $100,000 |
| Turnover | 36.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 2.82% |
| Dividend Growth | 12.97% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 16, 2025 |
| Previous Close | 11.71 |
| YTD Return | 1.04% |
| 1-Year Return | 7.28% |
| 5-Year Return | 5.21% |
| 52-Week Low | 10.61 |
| 52-Week High | 11.72 |
| Beta (5Y) | 0.28 |
| Holdings | 236 |
| Inception Date | Jun 30, 2009 |
About GWMIX
AMG GW&K Municipal Bond Fund Class I is an open-end mutual fund specializing in the investment of municipal bonds. Its primary objective is to generate income that is exempt from federal income taxes by investing at least 80% of its net assets in a diversified portfolio of municipal securities issued by U.S. state and local governments and their agencies. The fund maintains a portfolio duration generally close to that of the Bloomberg 10-Year Municipal Bond Index, targeting intermediate maturities to balance yield and interest rate risk. With a moderate expense ratio, it typically holds over 200 securities, reflecting significant diversification within the municipal market. The fund distributes income monthly, providing a regular cash flow to investors. Its role in the financial market is to offer a tax-advantaged income solution for individuals and institutions seeking exposure to the municipal bond sector and a measure of stability compared to equities or corporate bonds. AMG GW&K Municipal Bond Fund Class I is frequently used by investors to manage tax efficiency within portfolios and to diversify fixed income allocations.
Performance
GWMIX had a total return of 7.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 40.31%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| GWMTX | Class N | 0.71% |
Top 10 Holdings
13.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash & Cash Equivalents | n/a | 2.58% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | NY.MTATRN 5 11.15.2031 | 1.75% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5% | AL.SEEPWR 5 10.01.2030 | 1.33% |
| LOUISIANA STAD & EXPOSITION DIST REV 5% | LA.LASFAC 5 07.01.2042 | 1.28% |
| ILLINOIS ST 5% | IL.ILS 5 05.01.2034 | 1.15% |
| LOS ANGELES CALIF DEPT WTR & PWR REV 5% | CA.LOSUTL 5 07.01.2030 | 1.13% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5% | NY.NYTTRN 5 12.01.2036 | 1.12% |
| FLORIDA ST BRD ADMIN FIN CORP REV 5.526% | FL.FLSGEN 5.53 07.01.2034 | 1.10% |
| GREAT LAKES WTR AUTH MICH SEW DISP SYS REV 5% | MI.GRTWTR 5 07.01.2034 | 1.10% |
| CHICAGO ILL O HARE INTL ARPT REV 5% | IL.CHITRN 5 01.01.2036 | 1.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2025 | $0.0291 | Dec 16, 2025 |
| Nov 25, 2025 | $0.0278 | Nov 25, 2025 |
| Oct 29, 2025 | $0.0288 | Oct 29, 2025 |
| Sep 26, 2025 | $0.0278 | Sep 26, 2025 |
| Aug 27, 2025 | $0.0285 | Aug 27, 2025 |
| Jul 29, 2025 | $0.0284 | Jul 29, 2025 |