GW&K Small/Mid Cap Fund  (GWGIX)

Fund Notice:

N shares of the Fund are only available for sale to the public in the states of AK, AL, AR, CA, CO, CT, DE, FL, GA, GU, HI, ID, IL, IN, KS, KY, LA, MN, MO, NC, NE, NH, NJ, NV, NY, OH, OR, PA, RI, SC, UT, VA, VI, and WY.

Fund Overview

Fund Overview

Share Class

I

Morningstar | Style Box

V B G L M S

NAV | as of 05/17/2019

$11.59
-$0.11 (-0.94%)

Quarterly Performance (%) |
vs. Benchmark as of 03/31/2019

Fund Inception 06/30/2015

YTD 1YR 3YR 5YR 10YR INCEP.
GWGIX 14.51 4.71 10.68 - - 4.75
Russell 2500® Index 15.82 4.48 12.56 7.79 16.23 7.82
View Monthly & Quarterly Performance Details

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 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.

Expense Ratios

  • Gross Expense Ratio: 1.01%
  • Net Expense Ratio: 0.95%
  • Expense Cap Expiration Date: 05/01/2020

Read Important Investment Disclosures

Objective

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

Why Consider

  • Provides investors with exposure to a portfolio of small and mid cap companies which may offer a greater universe of opportunities
  • 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
  • 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
Daniel L. Miller, CFA

Daniel L. Miller, CFA

Partner and 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 03/31/2019

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Dec 27, 2018 $0.248200 $0.010300 $0.195200 $0.042700
      Dec 27, 2017 $0.162700 $0.013300 $0.101100 $0.048300
      Dec 27, 2016 $0.005000 $0.005000

Growth of $10,000 (Hypothetical)

Since Inception 06/30/2015 to 04/30/2019 = $12,475.67

  • 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)

As of: 03/31/2019

Zebra Technologies Corp, Class A 2.83%
MarketAxess Holdings Inc 2.70%
Gartner Inc 2.28%
Exponent Inc 2.26%
RPM International Inc 2.17%
Booz Allen Hamilton Holding Corp, Class A 2.11%
Five Below Inc 2.07%
SS&C Technologies Holdings Inc 2.06%
Burlington Stores Inc 2.03%
West Pharmaceutical Services Inc 1.97%
% in Top 10 Holdings 22.48%
View Holding Details Read Important Investment Disclosures

MPT Stats

As of: 04/30/2019

View All Characteristics & Stats

Sector Allocation (Equity)

As of: 03/31/2019

Investment Approach

Investment Approach

GW&K Small/Mid Cap Fund

The Fund primarily invests in small and mid cap, companies. The Fund identifies new investments based on five attributes:

  1. Company Management: The Fund seeks companies with experienced, tenured, high-quality management
  2. Growth Profile: The Fund favors companies with business models that have typically delivered consistent long-term growth
  3. Market Positioning: The Fund targets leading companies in attractive and defensible niche markets
  4. Financial Strength: The Fund invests in companies with strong financial characteristics
  5. Valuation: The Fund will seek to be fully invested and diversified by style, sector and growth profile



The Fund will ordinarily invest in approximately 55-85 stocks. GW&K intends for the Fund's portfolio to be diversified as to companies and industries.

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.


Equity Style Analysis: Growth vs. Value

 
Recent Equity growth style outperformance may be testing the resolve many investors have to remain diversified. Although it is nearly impossible to predict when and to what extent these performance and valuation trends will reverse themselves, historically they have. Rather than try to predict future trends, investors should consider remaining diversified over the long term.
Read Full Perspective

Active Management: The Boutique Advantage

 
In the debate over active investment management, the importance of boutiques is often overlooked. Recent research illustrates the edge that boutiques enjoy, and the key characteristics linked to their success.
Watch Video

About

About GW&K Investment Management

Background

GW&K Investment Management 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 ESG Fund

The Fund seeks to generate income and capital appreciation by primarily investing in a diversified portfolio of fixed income securities.

View Fund Details

MFDAX

GW&K Enhanced Core Bond ESG Fund

The Fund seeks to generate income and capital appreciation 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

GWETX

GW&K Small Cap Core Fund

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

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

TLEVX

GW&K Trilogy Emerging Markets Equity Fund

Seeks to provide long-term capital appreciation by investing in companies located in emerging market countries.

View Fund Details

TYWVX

GW&K Trilogy Emerging Wealth Equity Fund

Seeks to provide long-term capital appreciation by investing in emerging market companies and developed market companies that have emerging markets revenue exposure.

View Fund Details

Founded

1974


Headquarters

Boston, MA


Affiliate Since

2008


AUM

$37.5B

Funds to Consider

MGFIX

Loomis Sayles Bond Fund

Seeks a high level of current income by investing in a flexible portfolio of fixed income securities.


Overall Morningstar Rating

Rated against 555 Intermediate Core-Plus Bond funds as of 04/30/2019
★★★★

MGFIX
Bloomberg Barclays U.S. Government/Credit Bond Index

Quarterly performance (%) data as of 03/31/2019

Fund Detail Read Important Investment Disclosures

TCMPX

TimesSquare International Small Cap Fund

Seeks to provide long-term capital appreciation by primarily investing in international small cap companies.


Overall Morningstar Rating

Rated against 122 Foreign Small/Mid Growth funds as of 04/30/2019
★★★

TCMPX
MSCI EAFE Small Cap Index

Quarterly performance (%) data as of 03/31/2019

Fund Detail Read Important Investment Disclosures

MGFIX

Loomis Sayles Bond Fund

Seeks a high level of current income by investing in a flexible portfolio of fixed income securities.


Overall Morningstar Rating

Rated against 555 Intermediate Core-Plus Bond funds as of 04/30/2019
★★★★

MGFIX
Bloomberg Barclays U.S. Government/Credit Bond Index

Quarterly performance (%) data as of 03/31/2019

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