Emerging Opportunities Fund  (MIMFX)

Fund Overview

Fund Overview

Share Class

I

  • I

NAV | as of 07/09/2020

$35.09
-$0.56 (-1.57%)

Morningstar | Style Box

V B G L M S

Growth of $10,000 (Hypothetical)

Since Inception 10/01/2011 to 06/30/2020 = $30,500.58

  • 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

Seeks to provide long-term capital appreciation by investing in a portfolio of micro cap companies.

Why Consider

  • May be appropriate for investors looking to gain exposure to micro cap companies
  • Employs a subadvised team of three separate managers each with different but complementary investment approaches
  • Designed to offer fully diversified exposure to micro cap equities with potentially less risk than a single-manager fund in this space

Documents

View All Documents

Next Century Growth Investors

Next Century Growth Investors (NCG) offers portfolio management services within the micro-cap universe by targeting fast growing companies with strong long term growth prospects.

See Our Approach

RBC Global Asset Management

RBC is a global asset manager approaching micro-cap investing with quantitative screens and industry research to concentrate stock selection on a narrowed sub-universe of companies.

See Our Approach

WEDGE Capital Management

WEDGE Capital Management is a boutique investment firm offering value equity and fixed income strategies.

See Our Approach

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: 1.04%
  • Net Expense Ratio: 0.98%
  • Expense Cap Expiration Date: 03/01/2021

Distributions & Pricing


    • Calendar Year Distributions

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Dec 16, 2019 $3.685500 $3.685500
      Dec 27, 2018 $8.653300 $1.436100 $7.217200
      Dec 27, 2017 $5.711400 $1.231000 $4.480400
      Dec 27, 2016 $0.146000 $0.146000
      Dec 28, 2015 $4.596500 $0.044800 $0.780700 $3.771000
      Dec 26, 2014 $5.339300 $0.804500 $4.534800
      Dec 26, 2013 $6.820500 $3.237100 $3.583400
      Dec 26, 2012 $3.029000 $0.174200 $2.854800
      Dec 27, 2011 $2.659400 $2.659400

Risk & Return Stats

As of: 06/30/2020

View All Characteristics & Stats

Portfolio & Holdings

Portfolio & Holdings

Top Holdings (Equity)

As of: 03/31/2020

Model N Inc* 1.73%
Columbus McKinnon Corp 1.67%
Compass Diversified Holdings 1.60%
AMERISAFE Inc, Class A 1.50%
Ducommun Inc* 1.38%
Palomar Holdings Inc, Class A 1.33%
Novanta Inc 1.32%
Patrick Industries Inc 1.29%
Universal Electronics Inc 1.28%
TechTarget Inc* 1.25%
% in Top 10 Holdings 14.35%

* Held by more than one portfolio manager.

View Holding Details Read Important Investment Disclosures

Sector Allocation (Equity)

As of: 03/31/2020

Investment Approach

Investment Approach

Emerging Opportunities Fund

The Fund invests at least 80% of its assets in the stocks of U.S. micro cap companies. These companies have market capitalizations that, at the time of initial purchase, place them among the smallest 3% of companies listed on U.S. stock markets.

The Fund utilizes a multi-manager approach, with subadvisors who use complementary investment approaches combined to provide broad micro cap exposure.


Keep Calm and Remain Diversified

 
A short- and long-term review of the power of diversification.
Read Full Perspective

Rebalancing International Equities: What to Know. What to Consider.

 
Given the lessons of market history, the question is not if international equities will outperform their U.S. cousins, it is when. Consistently rebalancing your portfolio is key.
Read Full Perspective

Funds to Consider

ARDEX

River Road Dividend All Cap Value Fund

Seeks to provide high current income and, secondarily, long-term capital appreciation by investing primarily in a diversified, all cap portfolio of income producing equity securities.


Overall Morningstar Rating

Rated against 1109 Large Value funds as of 06/30/2020
★★

ARDEX
Russell 3000® Value Index

Quarterly performance (%) data as of 06/30/2020

Fund Detail Read Important Investment Disclosures

GWMIX

GW&K Municipal Bond Fund

The Fund seeks to provide current income, exempt from federal income tax, and capital preservation by primarily investing in a portfolio of high-quality municipal bonds.


Overall Morningstar Rating

Rated against 238 Muni National Interm funds as of 06/30/2020
★★★

GWMIX
Bloomberg Barclays 10-Year Municipal Bond Index

Quarterly performance (%) data as of 06/30/2020

Fund Detail Read Important Investment Disclosures

Discover how AMG Funds brings more than 70 products from over 25 independent boutiques together under one flag.

Learn More About AMG Funds
  Back To Top