Beutel Goodman Core Plus Bond Fund  (ADZIX)

Fund Overview

Fund Overview

Share Class

Z

NAV | as of 10/27/2021

$10.73
+$0.05 (+0.43%)

Morningstar | Style Box

L M E H M L

Growth of $10,000 (Hypothetical)

Since Inception 09/29/2017 to 09/30/2021 = $11,467.86

  • 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: 0.46%
  • Net Expense Ratio: 0.43%
  • 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 $0.025800 $0.025800
      Sep 28, 2021 $0.023200 $0.023200
      Aug 27, 2021 $0.021700 $0.021700
      Jul 28, 2021 $0.021600 $0.021600
      Jun 28, 2021 $0.021100 $0.021100
      May 26, 2021 $0.020800 $0.020800
      Apr 28, 2021 $0.024000 $0.024000
      Mar 29, 2021 $0.023000 $0.023000
      Feb 24, 2021 $0.021400 $0.021400
      Jan 27, 2021 $0.022900 $0.022900
      Dec 16, 2020 $0.051300 $0.051300
      Nov 25, 2020 $0.032200 $0.032200
      Oct 28, 2020 $0.025400 $0.025400
      Sep 28, 2020 $0.024000 $0.024000
      Aug 27, 2020 $0.022400 $0.022400
      Jul 29, 2020 $0.022100 $0.022100
      Jun 26, 2020 $0.025800 $0.025800
      May 27, 2020 $0.019700 $0.019700
      Apr 28, 2020 $0.034000 $0.034000
      Mar 27, 2020 $0.036000 $0.036000
      Feb 26, 2020 $0.026200 $0.026200
      Jan 29, 2020 $0.027300 $0.027300
      Dec 16, 2019 $0.031000 $0.031000
      Nov 26, 2019 $0.036500 $0.036500
      Oct 29, 2019 $0.035800 $0.035800
      Sep 26, 2019 $0.030500 $0.030500
      Aug 28, 2019 $0.030500 $0.030500
      Jul 29, 2019 $0.033500 $0.033500
      Jun 26, 2019 $0.032800 $0.032800
      May 29, 2019 $0.031200 $0.031200
      Apr 26, 2019 $0.032500 $0.032500
      Mar 27, 2019 $0.034500 $0.034500
      Feb 26, 2019 $0.027000 $0.027000
      Jan 29, 2019 $0.029500 $0.029500
      Dec 27, 2018 $0.043700 $0.043700
      Nov 28, 2018 $0.035000 $0.035000
      Oct 29, 2018 $0.028500 $0.028500
      Sep 26, 2018 $0.035000 $0.035000
      Aug 29, 2018 $0.035700 $0.035700
      Jul 27, 2018 $0.035000 $0.035000
      Jun 27, 2018 $0.027500 $0.027500
      May 29, 2018 $0.027500 $0.027500
      Apr 26, 2018 $0.026200 $0.026200
      Mar 27, 2018 $0.027000 $0.027000
      Feb 26, 2018 $0.025500 $0.025500
      Jan 29, 2018 $0.025000 $0.025000
      Dec 27, 2017 $0.024400 $0.024400
      Nov 27, 2017 $0.027000 $0.027000
      Oct 26, 2017 $0.027500 $0.027500

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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