Fairpointe Mid Cap Fund  (CHTTX)

Fund Overview

Fund Overview

Share Class

N

  • N

Morningstar | Style Box

V B G L M S

NAV | as of 09/21/2017

$42.22
-$0.27 (-0.64%)

Overall Morningstar Rating



Rated against 363 Mid-Cap Value funds as of 08/31/2017

View Morningstar Details

Quarterly Performance (%) |
vs. Benchmark as of 06/30/2017

Fund Inception 09/19/1994

YTD 1YR 3YR 5YR 10YR INCEP.
CHTTX 5.10 29.78 5.15 15.17 8.95 12.44
S&P MidCap 400 Index 5.99 18.57 8.53 14.92 8.56 12.11
Russell Midcap® Index 7.99 16.48 7.69 14.72 7.67 -

Expense Ratios

  • Gross Expense Ratio: 1.13%
  • Net Expense Ratio: 1.12%
  • Expense Cap Expiration Date: 10/01/2018

Read Important Investment Disclosures

Objective

The Fund seeks long-term total return through capital appreciation by investing primarily in common and preferred stocks and convertible securities.

Why Consider

  • The Fund may be appropriate for your overall investment allocation if you are looking to further diversify a portfolio with exposure to mid cap companies
  • Fairpointe employs a comprehensive risk management approach that reviews portfolio, investments, and operational risks
  • Fairpointe seeks to select companies that are inefficiently priced relative to their fundamental value, earnings growth outlook and cash flow generation over the next three to five years

Fund Managers

Thyra E. Zerhusen, CFA

CEO and Chief Investment Officer

Read Full Bio

Marie L. Lorden

Portfolio Manager and Co-Founder

Read Full Bio

Brian Washkowiak, CFA

Portfolio Manager

Read Full Bio

Mary L. Pierson

Co-CEO and Portfolio Manager

Read Full Bio

Performance

Performance

Read Important Investment Disclosures

Returns & Distributions

as of 06/30/2017

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Dec 27, 2016 $1.839800 $0.132400 $1.707400
      Dec 30, 2015 $2.162700 $0.114900 $2.047800
      Dec 30, 2014 $7.621400 $0.044700 $1.243700 $6.333000
      Dec 30, 2013 $4.265200 $4.265200
      Dec 28, 2012 $1.047000 $0.304800 $0.017200 $0.725000
      Dec 29, 2011 $0.260500 $0.053400 $0.207100
      Dec 29, 2010 $0.155800 $0.080300 $0.075500
      Dec 29, 2009 $0.050500 $0.050500
      Dec 29, 2008 $0.432900 $0.139000 $0.293900
      Dec 14, 2007 $2.186900 $0.281900 $1.905000
      Dec 15, 2006 $1.831077 $1.831077
      Dec 16, 2005 $0.912600 $0.113300 $0.799300
      Dec 17, 2004 $0.744600 $0.744600
      Dec 19, 2003 $0.072900 $0.072900
      Dec 21, 2001 $0.245900 $0.245900
      Dec 15, 2000 $3.305000 $0.495100 $2.809900
      Dec 10, 1999 $0.153800 $0.011900 $0.141900
      Dec 11, 1998 $0.004900 $0.004900
      Sep 11, 1998 $0.004800 $0.004800
      Jun 12, 1998 $0.025800 $0.025800
      Mar 13, 1998 $0.016400 $0.016400
      Dec 12, 1997 $2.875400 $0.042400 $1.155000 $1.678000
      Sep 12, 1997 $0.046100 $0.046100
      Jun 13, 1997 $0.023600 $0.023600
      Mar 14, 1997 $0.008400 $0.008400
      Dec 13, 1996 $1.201200 $0.013600 $0.395200 $0.792400
      Sep 13, 1996 $0.015100 $0.015100
      Jun 14, 1996 $0.009400 $0.009400
      Dec 15, 1995 $0.708100 $0.008100 $0.700000
      Sep 15, 1995 $0.017000 $0.017000
      Jun 16, 1995 $0.016000 $0.016000
      Mar 10, 1995 $0.022000 $0.022000
      Dec 16, 1994 $0.050000 $0.050000

Growth of $10,000 (Hypothetical)

Since Inception 09/19/1994 to 08/31/2017 = $139,824.93

  • 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 or visit our website at amgfunds.com. 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.

Top Holdings (Equity)

Quarter Ending: 06/30/2017

Office Depot Inc 3.44%
Stericycle Inc 3.39%
New York Times Co, Class A 3.37%
Juniper Networks Inc 3.36%
Mattel Inc 3.26%
Teradata Corp 3.21%
Patterson Cos Inc 3.04%
Akamai Technologies Inc 3.00%
Time Inc 2.88%
Varian Medical Systems Inc 2.84%
% in Top 10 Holdings 31.79%
View Holding Details Read Important Investment Disclosures

MPT Stats

Month Ending: 08/31/2017

View All Characteristics & Stats

Sector Allocation (Equity)

Quarter Ending: 06/30/2017

Investment Approach

Investment Approach

Fairpointe Mid Cap Fund

The Fund invests at least 80% of its assets in companies with a market capitalization that falls between $1 billion and $15 billion. Fairpointe identifies these companies by utilizing a fundamental bottom-up approach to filter the number of securities they follow down to the 45-50 securities typically held in the Fund. This proprietary valuation model focuses on mid cap companies with an improving revenue and earnings growth outlook.

Markets Are Cyclical, Your Success Should Not Be

If history has taught us anything, it is that markets are cyclical. They rise and they fall, and just when investors convince themselves that something has changed, the pattern continues. Investors who understand this about the markets possess a distinct advantage.
Read Full Perspective

AMG Funds: A Consultative Partner to Investment Advisors

Jeffrey Cerutti, CEO, describes the breadth of AMG Funds’ product offerings. He discusses how the diverse manager array enables the firm to be diagnostic and consultative in representing strategies to advisors.
Watch Video

About

About Fairpointe Capital

Background

Fairpointe manages mid cap and all cap equity strategies for institutions and individuals. The Firm employs a disciplined fundamental bottom-up process to select companies that are inefficiently priced relative to their growth outlook.

Learn More

More Funds From Fairpointe Capital

AFPTX

Fairpointe Focused Equity Fund

The Fund seeks long-term total return through capital appreciation.

View Fund Details

Founded

2011


Headquarters

Chicago, IL


AUM

$5.2B

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 1099 Large Value funds as of 08/31/2017
★★★★

ARDEX
Russell 3000® Value Index

Quarterly performance (%) data as of 06/30/2017

Fund Detail Read Important Investment Disclosures

ADLIX

DoubleLine Core Plus Bond Fund

The Fund seeks to maximize total return.


Overall Morningstar Rating

Rated against 849 Intermediate-Term Bond funds as of 08/31/2017
★★★★★

ADLIX
Bloomberg Barclays U.S. Aggregate Bond Index

Quarterly performance (%) data as of 06/30/2017

Fund Detail Read Important Investment Disclosures

HLMNX

Harding Loevner International Equity Portfolio

The Portfolio seeks long-term capital appreciation through investments in equity securities of companies based outside the United States.


Overall Morningstar Rating

Rated against 327 Foreign Large Growth funds as of 08/31/2017
★★★★

HLMNX
MSCI ACWI ex USA Index

Quarterly performance (%) data as of 06/30/2017

Fund Detail Read Important Investment Disclosures

Discover how AMG Funds brings more than 100 products from over 30 independent boutiques together under one flag.

Learn More About AMG Funds
  Back To Top