Beutel Goodman Core Plus Bond Fund  (ADBLX)

Fund Overview

Fund Overview

Share Class

N

NAV | as of 10/27/2021

$10.73
+$0.04 (+0.41%)

Morningstar | Style Box

L M E H M L

Growth of $10,000 (Hypothetical)

Since Inception 07/18/2011 to 09/30/2021 = $15,052.22

  • 3YR
  • 5YR
  • 10YR
  • INCEP.
INCEP.
  • 3YR
  • 5YR
  • 10YR
  • INCEP.

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown.

Objective

The Fund seeks to provide income and capital growth by investing primarily in a diversified portfolio of fixed-income securities across investment-grade, high-yield and non-traditional fixed-income asset classes.

Why Consider

  • Provides investors with exposure to a diversified portfolio of fixed income securities
  • The Fund employs a disciplined, team-based approach, seeking to add consistent value through management of duration, yield curve and credit risk
  • The investment strategy utilizes a long-established process of macro driven duration management, yield-curve positioning and credit allocation with the ability to tactically allocate up to 30% of the portfolio in high yield bonds and other fixed income asset classes as opportunities arise

Documents

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David Gregoris, MBA, CFA

David Gregoris, MBA, CFA

Managing Director, Fixed Income

See Our Approach Read Bio
Derek Brown, MBA, CFA

Derek Brown, MBA, CFA

Senior Vice President, Co-Head of Fixed Income

See Our Approach Read Bio
Sue McNamara, CFA

Sue McNamara, CFA

Senior Vice President, Fixed Income

See Our Approach Read Bio
Neil McCabe, MBA, CFA

Neil McCabe, MBA, CFA

Vice President, Fixed Income

See Our Approach Read Bio

Performance

Performance

Read Important Investment Disclosures

Returns

 

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown. Returns for periods less than one year are not annualized.

Expense Ratios

  • Gross Expense Ratio: 0.71%
  • Net Expense Ratio: 0.68%
  • Expense Cap Expiration Date: 03/01/2023

Distributions & Pricing


    • Calendar Year Distributions

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Oct 27, 2021 $0.023500 $0.023500
      Sep 28, 2021 $0.018600 $0.018600
      Aug 27, 2021 $0.019300 $0.019300
      Jul 28, 2021 $0.019300 $0.019300
      Jun 28, 2021 $0.018800 $0.018800
      May 26, 2021 $0.017800 $0.017800
      Apr 28, 2021 $0.021100 $0.021100
      Mar 29, 2021 $0.020000 $0.020000
      Feb 24, 2021 $0.018600 $0.018600
      Jan 27, 2021 $0.019900 $0.019900
      Dec 16, 2020 $0.048200 $0.048200
      Nov 25, 2020 $0.029200 $0.029200
      Oct 28, 2020 $0.022400 $0.022400
      Sep 28, 2020 $0.021000 $0.021000
      Aug 27, 2020 $0.019400 $0.019400
      Jul 29, 2020 $0.019100 $0.019100
      Jun 26, 2020 $0.022900 $0.022900
      May 27, 2020 $0.016800 $0.016800
      Apr 28, 2020 $0.031200 $0.031200
      Mar 27, 2020 $0.033000 $0.033000
      Feb 26, 2020 $0.023400 $0.023400
      Jan 29, 2020 $0.024300 $0.024300
      Dec 16, 2019 $0.028000 $0.028000
      Nov 26, 2019 $0.033600 $0.033600
      Oct 29, 2019 $0.032700 $0.032700
      Sep 26, 2019 $0.027600 $0.027600
      Aug 28, 2019 $0.027500 $0.027500
      Jul 29, 2019 $0.030500 $0.030500
      Jun 26, 2019 $0.029900 $0.029900
      May 29, 2019 $0.028300 $0.028300
      Apr 26, 2019 $0.029600 $0.029600
      Mar 27, 2019 $0.032300 $0.032300
      Feb 26, 2019 $0.024300 $0.024300
      Jan 29, 2019 $0.026600 $0.026600
      Dec 27, 2018 $0.040900 $0.040900
      Nov 28, 2018 $0.032200 $0.032200
      Oct 29, 2018 $0.025700 $0.025700
      Sep 26, 2018 $0.032200 $0.032200
      Aug 29, 2018 $0.032600 $0.032600
      Jul 27, 2018 $0.032000 $0.032000
      Jun 27, 2018 $0.024500 $0.024500
      May 29, 2018 $0.024600 $0.024600
      Apr 26, 2018 $0.023500 $0.023500
      Mar 27, 2018 $0.024000 $0.024000
      Feb 26, 2018 $0.022800 $0.022800
      Jan 29, 2018 $0.022000 $0.022000
      Dec 27, 2017 $0.021400 $0.021400
      Nov 27, 2017 $0.024100 $0.024100
      Oct 26, 2017 $0.024500 $0.024500
      Sep 26, 2017 $0.024700 $0.024700
      Aug 28, 2017 $0.027100 $0.027100
      Jul 26, 2017 $0.022100 $0.022100
      Jun 27, 2017 $0.032100 $0.032100
      May 25, 2017 $0.032000 $0.032000
      Apr 25, 2017 $0.031900 $0.031900
      Mar 28, 2017 $0.027000 $0.027000
      Feb 23, 2017 $0.024600 $0.024600
      Jan 26, 2017 $0.025000 $0.025000
      Dec 27, 2016 $0.073500 $0.052700 $0.020800
      Nov 25, 2016 $0.025100 $0.025100
      Oct 26, 2016 $0.025200 $0.025200
      Sep 30, 2016 $0.025900 $0.025900
      Aug 31, 2016 $0.028800 $0.028800
      Jul 29, 2016 $0.024900 $0.024900
      Jun 30, 2016 $0.026400 $0.026400
      May 31, 2016 $0.026500 $0.026500
      Apr 29, 2016 $0.023500 $0.023500
      Mar 31, 2016 $0.026200 $0.026200
      Feb 29, 2016 $0.023200 $0.023200
      Jan 29, 2016 $0.018900 $0.018900
      Dec 30, 2015 $0.031900 $0.031900
      Nov 30, 2015 $0.030900 $0.030900
      Oct 30, 2015 $0.026900 $0.026900
      Sep 30, 2015 $0.028100 $0.028100
      Aug 31, 2015 $0.031800 $0.031800
      Jul 31, 2015 $0.033200 $0.033200
      Jun 30, 2015 $0.035700 $0.035700
      May 29, 2015 $0.031100 $0.031100
      Apr 30, 2015 $0.032100 $0.032100
      Mar 31, 2015 $0.031500 $0.031500
      Feb 27, 2015 $0.033200 $0.033200
      Jan 30, 2015 $0.032300 $0.032300
      Dec 30, 2014 $0.033800 $0.033800
      Nov 28, 2014 $0.023700 $0.023700
      Oct 31, 2014 $0.024800 $0.024800
      Sep 30, 2014 $0.035700 $0.035700
      Aug 29, 2014 $0.030400 $0.030400
      Jul 31, 2014 $0.037400 $0.037400
      Jun 30, 2014 $0.039800 $0.039800
      May 30, 2014 $0.035500 $0.035500
      Apr 30, 2014 $0.037500 $0.037500
      Mar 31, 2014 $0.037200 $0.037200
      Feb 28, 2014 $0.031200 $0.031200
      Jan 31, 2014 $0.035400 $0.035400
      Dec 30, 2013 $0.036900 $0.036900
      Nov 29, 2013 $0.030300 $0.030300
      Oct 31, 2013 $0.033000 $0.033000
      Sep 30, 2013 $0.035100 $0.035100
      Aug 30, 2013 $0.030900 $0.030900
      Jul 31, 2013 $0.033100 $0.033100
      Jun 28, 2013 $0.026200 $0.026200
      May 31, 2013 $0.028700 $0.028700
      Apr 30, 2013 $0.030800 $0.030800
      Mar 28, 2013 $0.025100 $0.025100
      Feb 28, 2013 $0.026100 $0.026100
      Jan 31, 2013 $0.025100 $0.025100
      Dec 28, 2012 $0.087900 $0.027800 $0.058800 $0.001300
      Nov 30, 2012 $0.037100 $0.037100
      Oct 31, 2012 $0.031700 $0.031700
      Sep 28, 2012 $0.025900 $0.025900
      Aug 31, 2012 $0.028200 $0.028200
      Jul 31, 2012 $0.026500 $0.026500
      Jun 29, 2012 $0.025000 $0.025000
      May 31, 2012 $0.031300 $0.031300
      Apr 30, 2012 $0.032000 $0.032000
      Mar 30, 2012 $0.027500 $0.027500
      Feb 29, 2012 $0.028100 $0.028100
      Jan 31, 2012 $0.029500 $0.029500
      Dec 29, 2011 $0.065700 $0.050400 $0.015300
      Nov 30, 2011 $0.038800 $0.038800
      Oct 31, 2011 $0.036200 $0.036200
      Sep 30, 2011 $0.028100 $0.028100
      Aug 31, 2011 $0.023100 $0.023100
      Jul 29, 2011 $0.004500 $0.004500

Risk & Return Stats

As of: 09/30/2021

View All Characteristics & Stats

Portfolio & Holdings

Portfolio & Holdings

Top Holdings (Fixed)

As of: 09/30/2021

United States Treasury Note/Bond Fixed 6.99%
United States Treasury Note/Bond Fixed 5.24%
United States Treasury Note/Bond Fixed 2.65%
Freddie Mac Pool SD8107 Fixed 2.50%
Freddie Mac REMICS Fixed 1.62%
United States Treasury Note/Bond Fixed 1.57%
Fannie Mae Pool BL4421 Fixed 1.47%
CCO Holdings LLC Fixed 144A 1.41%
Mcdonald's Corp Fixed 1.28%
Bank of America Corp Floating 1.28%
% in Top 10 Holdings 26.00%
View Holding Details Read Important Investment Disclosures

Sector Allocation (Fixed)

As of: 09/30/2021

Investment Approach

Investment Approach

Beutel Goodman Core Plus Bond Fund

Our fixed income team has the experience and expertise to effectively interpret the yield curve and prevailing interest rate environment.  Employing proprietary tools in a risk-focused process, our insights add value to the benchmark over an economic cycle.

We continually challenge the herd consensus and search for opportunities where the market has mispriced risk and reward.  Our fixed income team:

  • Forecasts interest rates and assesses optimal duration and positioning of maturities on the yield curve
  • Conducts rigorous independent credit research to identify high quality corporate bonds that meet our strict investment criteria
  • Considers risk before reward
  • Looks beyond the numbers to consider how ESG factors may impact companies over the long term

 


Beutel Goodman Core Plus Bond Fund Introduction

 
An introduction to Beutel Investment Management and the AMG Beutel Goodman Core Plus Bond Fund
Read More

About

About Beutel Goodman

Background

Founded in 1967, Beutel, Goodman & Company Ltd. (BG) is an independent value-focused investment manager that serves institutional, private wealth and retail clients. The firm’s equity strategies use bottom-up, fundamental research to invest in high-quality companies trading at discounts to their business value. BG takes a disciplined, team-based approach to fixed income, seeking to add value through management of duration, yield curve and credit risk.

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