GW&K Small Cap Core Fund  (GWETX)

Fund Overview

Fund Overview

Share Class

N

Morningstar | Style Box

V B G L M S

NAV | as of 09/21/2017

$27.47
-$0.06 (-0.22%)

Overall Morningstar Rating



Rated against 600 Small Growth funds as of 08/31/2017

View Morningstar Details

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

Fund Inception 12/10/1996

YTD 1YR 3YR 5YR 10YR INCEP.
GWETX 9.61 21.11 8.27 14.18 7.90 8.33
Russell 2000® Index 4.99 24.60 7.36 13.70 6.92 8.29

Expense Ratios

  • Gross Expense Ratio: 1.31%
  • Net Expense Ratio: 1.30%
  • Expense Cap Expiration Date: 05/01/2018

Read Important Investment Disclosures

Objective

The Fund seeks to provide long-term capital appreciation by primarily investing in U.S. small cap stocks.

Why Consider

  • Provides investors with exposure to a portfolio of small cap companies which may offer a greater universe of opportunities
  • Employs a fundamental, research-oriented investment process that is built on the belief that a company's ability to generate consistent, long-term sustainable earnings growth will drive enhanced stock price performance over time
  • Manages risk with a sell discipline and exposure limits for each company and diversification of sector and growth profiles embedded in the portfolio construction process
Daniel L. Miller, CFA

Daniel L. Miller, CFA

Partner, Director of Equities

See Our Approach Read Bio
Jeffrey W. Thibault, CFA

Jeffrey W. Thibault, CFA

Partner

See Our Approach Read 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 $1.042500 $1.042500
      Dec 28, 2015 $0.894200 $0.059200 $0.835000
      Dec 26, 2014 $1.336300 $0.188700 $1.147600
      Dec 26, 2013 $0.868000 $0.070200 $0.797800
      Dec 26, 2012 $0.438500 $0.082200 $0.356300
      Dec 28, 2010 $0.002300 $0.002300
      Dec 26, 2008 $0.022500 $0.022500
      Nov 6, 2008 $0.095040 $0.095040
      Sep 11, 2008 $0.250970 $0.003730 $0.247240
      Dec 21, 2007 $1.875890 $0.137310 $0.005250 $1.733330
      Jul 20, 2007 $0.340100 $0.000680 $0.050410 $0.289010
      Jan 24, 2007 $0.000000 $0.000000
      Jan 23, 2007 $0.000000 $0.000000
      Dec 21, 2006 $0.109750 $0.100280 $0.009470
      Jul 21, 2006 $0.000330 $0.000330
      Dec 21, 2005 $0.101990 $0.101990
      Dec 21, 2004 $0.065590 $0.065590
      Jul 21, 2004 $0.002110 $0.002110
      Apr 29, 2004 $0.002131 $0.002131
      Dec 19, 2003 $0.036230 $0.036230
      Dec 20, 2002 $0.004000 $0.004000
      Sep 25, 2001 $0.411200 $0.411200
      Nov 17, 2000 $1.856400 $1.856400
      Nov 30, 1999 $0.393100 $0.393100
      Dec 31, 1998 $0.028000 $0.028000
      Dec 31, 1997 $0.040000 $0.040000
      Nov 28, 1997 $1.223000 $1.223000

Growth of $10,000 (Hypothetical)

Since Inception 12/10/1996 to 08/31/2017 = $51,595.60

  • 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

Grand Canyon Education Inc 2.87%
MarketAxess Holdings Inc 2.52%
LogMeIn Inc 2.47%
ICU Medical Inc 2.37%
West Pharmaceutical Services Inc 2.25%
Texas Roadhouse Inc 1.98%
Tyler Technologies Inc 1.97%
Lithia Motors Inc, Class A 1.77%
INC Research Holdings Inc, Class A 1.77%
Medidata Solutions Inc 1.74%
% in Top 10 Holdings 21.71%
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

GW&K Small Cap Core Fund

  • GW&K believes companies with consistent, long-term, above-average and sustainable earnings growth will drive enhanced stock price performance over time
  • GW&K believes most money managers overlook the sustainability of earnings growth by focusing on short-term fundamentals and stock price movements
  • GW&K believes companies that can generate sustainable earnings growth possess these key attributes: (1) A high-quality management team focused on enhancing long-term value for shareholders and (2) strong products or services in attractive niche markets
  • GW&K believes they add value through their fundamental research process. Their disciplined long-term research focus allows them to develop a deep understanding of their targeted companies

Additional Fund Highlight

Risk management parameters, including exposure limits for each company and diversification of sector and growth profiles, are embedded in the portfolio construction process.

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

About

About GW&K Investment Management

Background

GW&K is a dynamic investment management firm that offers active equity and fixed income investment solutions to help meet the needs of a diverse client base. GW&K’s founding principles of applying rigorous fundamental research, focusing on quality and maintaining a long-term view still guide its investment process today.

Learn More

More Funds From GW&K Investment Management

MBGVX

GW&K Core Bond Fund

The Fund seeks to generate income and capital appreciation while helping to manage risk.

View Fund Details

MFDAX

GW&K Enhanced Core Bond Fund

The Fund seeks to achieve the highest level of income, as is consistent with the preservation of capital by primarily investing in a diversified portfolio of fixed income securities.

View Fund Details

GWMTX

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.

View Fund Details

GWMNX

GW&K Municipal Enhanced Yield Fund

The Fund seeks to provide a high level of current income that is exempt from federal income taxes by primarily investing in municipal bonds.

View Fund Details

GWGIX

GW&K Small/Mid Cap Fund

The Fund seeks to provide long-term capital appreciation by primarily investing in small to mid cap stocks exhibiting growth and value characteristics.

View Fund Details

ATASX

GW&K U.S. Small Cap Growth Fund

The Fund seeks to provide long-term capital appreciation by primarily investing in U.S. small cap, growth-oriented stocks.

View Fund Details

Founded

1974


Headquarters

Boston, MA


Affiliate Since

2008


AUM

$34.8B

Funds to Consider

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

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

APINX

Pictet International Fund

The Fund seeks to provide long-term capital appreciation by investing in non-U.S. companies.


Overall Morningstar Rating

Rated against 590 Foreign Large Blend funds as of 08/31/2017
★★★★★

APINX
MSCI EAFE 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