AMG GW&K Municipal Enhanced Yield Z (GWMZX)

Fund Assets	153.59M
Expense Ratio	0.61%
Min. Investment	$5,000,000
Turnover	36.00%
Dividend (ttm)	0.34
Dividend Yield	4.10%
Dividend Growth	5.26%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 28, 2026

Previous Close	8.10
YTD Return	-4.03%
1-Year Return	-3.10%
5-Year Return	-6.08%
52-Week Low	7.98
52-Week High	8.87
Beta (5Y)	0.11
Holdings	93
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.

• Fund Family: AMG Funds
• Category: High Yield Muni
• Performance Rating: Low
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: GWMZX
• Share Class: Class Z
• Index: Index is not available on Lipper Database

Performance

GWMZX had a total return of -3.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.85%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
GWMEX	Class I	0.64%
GWMNX	Class N	0.99%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 28, 2026	$0.0287	Sep 28, 2026
Aug 27, 2026	$0.0286	Aug 27, 2026
Jul 29, 2026	$0.0281	Jul 29, 2026
Jun 26, 2026	$0.0276	Jun 26, 2026
May 27, 2026	$0.0283	May 27, 2026
Apr 28, 2026	$0.0284	Apr 28, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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