Montag & Caldwell Mid Cap Growth Fund  (AMCMX)

Fund Overview

Fund Overview

Share Class

N

  • N

Morningstar | Style Box

V B G L M S

NAV | as of 09/21/2017

$10.90
-$0.03 (-0.27%)

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

Fund Inception 11/02/2007

YTD 1YR 3YR 5YR 10YR INCEP.
AMCMX 9.40 13.05 6.79 10.52 - 5.48
Russell Midcap® Growth Index 11.40 17.05 7.83 14.19 7.87 7.89

Expense Ratios

  • Gross Expense Ratio: 1.85%
  • Net Expense Ratio: 1.26%
  • Expense Cap Expiration Date: 02/28/2018

Read Important Investment Disclosures

Objective

The Fund seeks to provide long-term capital appreciation and current income by investing in the stocks and convertible securities of mid cap companies.

Why Consider

  • Invests in common stocks and convertible securities of mid cap companies it believes demonstrate high-quality businesses with growth rates that exceed the overall market
  • Consistent risk-controlled approach which includes conservative growth assumptions, position limits based on sectors and individual securities and an explicit sell discipline
  • Team-based fundamental research process utilized to drive investment returns

Fund Managers

M. Scott Thompson, CFA

Senior Vice President and Co-Director of Research

Read Full Bio

Performance

Performance

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Returns & Distributions

as of 06/30/2017

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Dec 27, 2016 $0.770600 $0.030800 $0.739800
      Dec 30, 2015 $1.325700 $0.037400 $1.288300
      Dec 30, 2014 $0.988800 $0.079500 $0.909300
      Dec 30, 2013 $1.920500 $0.060700 $1.859800
      Dec 28, 2012 $0.104700 $0.104700
      Dec 29, 2009 $0.015100 $0.015100

Growth of $10,000 (Hypothetical)

Since Inception 11/02/2007 to 08/31/2017 = $16,925.48

  • 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

Monster Beverage Corp 3.74%
Edwards Lifesciences Corp 3.71%
M/A-COM Technology Solutions Holdings Inc 3.46%
Laboratory Corp of America Holdings 3.35%
LKQ Corp 3.25%
Signature Bank 3.12%
Genpact Ltd 2.94%
WEX Inc 2.91%
Verisk Analytics Inc 2.87%
Ross Stores Inc 2.86%
% in Top 10 Holdings 32.21%
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

Montag & Caldwell Mid Cap Growth Fund

The Fund employs a bottom up stock selection process that targets primarily high-quality common stock and convertible securities. The Fund seeks high quality, mid cap companies falling within the market capitalization range of the Russell Midcap® Growth Index. Under normal circumstances, companies considered for inclusion in the Fund offer:

  • Compelling earnings growth and attractive valuations
  • Near-term relative earnings strength, selling at a discount to estimated intrinsic value
  • A solid balance sheet, proven management team and attractive long-term secular growth characteristics

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 Montag & Caldwell

Background

Montag & Caldwell uses a disciplined team-based fundamental research process that seeks to invest in growth companies.

Learn More

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MOBAX

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MCGIX

Montag & Caldwell Growth Fund

The Fund seeks long-term capital appreciation and current income by investing in the stocks and convertible securities of growth-oriented companies.

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Founded

1945


Headquarters

Atlanta, GA


AUM

$3.7B

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