AMG GW&K Municipal Enhanced Yield Fund Class Z (GWMZX)
| Fund Assets | 161.50M |
| Expense Ratio | 0.59% |
| Min. Investment | $5,000,000 |
| Turnover | 32.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.71% |
| Dividend Growth | 7.16% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 28, 2026 |
| Previous Close | 8.79 |
| YTD Return | 1.13% |
| 1-Year Return | 4.11% |
| 5-Year Return | -1.35% |
| 52-Week Low | 7.93 |
| 52-Week High | 8.80 |
| Beta (5Y) | n/a |
| Holdings | 80 |
| Inception Date | Feb 24, 2017 |
About GWMZX
AMG GW&K Municipal Enhanced Yield Fund Class Z is an open-end mutual fund focused on providing investors with a competitive level of tax-exempt income by investing primarily in municipal bonds. The fund targets enhanced yield opportunities by selecting a portfolio of fixed income securities issued by state and local governments and their agencies, with an emphasis on securities that offer higher yields, such as lower-rated or non-investment grade municipal bonds. This approach seeks to balance risk and reward while maintaining the federal tax-exempt status of most of the interest income for shareholders. Designed to serve investors seeking income diversification and tax efficiency, the fund plays a notable role in portfolios aiming to offset taxable income, particularly for those in higher tax brackets. Managed by GW&K's experienced municipal bond team, the fund differentiates itself through active credit selection and sector allocation, addressing both income objectives and risk considerations commonly associated with municipal bond investing. This makes it especially relevant in the broader landscape of municipal bond funds, where its strategy targets enhanced yields compared to traditional, more conservative municipal bond offerings.
Performance
GWMZX had a total return of 4.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.53%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 28, 2026 | $0.028 | Jan 28, 2026 |
| Dec 16, 2025 | $0.0284 | Dec 16, 2025 |
| Nov 25, 2025 | $0.0272 | Nov 25, 2025 |
| Oct 29, 2025 | $0.0281 | Oct 29, 2025 |
| Sep 26, 2025 | $0.0276 | Sep 26, 2025 |
| Aug 27, 2025 | $0.0285 | Aug 27, 2025 |