SouthernSun Small Cap Fund  (SSSFX)

Fund Overview

Fund Overview

Share Class

N

  • N

Morningstar | Style Box

V B G L M S

NAV | as of 10/19/2017

$26.01
+$0.11 (+0.42%)

Quarterly Performance (%) |
vs. Benchmark as of 09/30/2017

Fund Inception 10/01/2003

YTD 1YR 3YR 5YR 10YR INCEP.
SSSFX 16.80 21.88 3.73 11.37 9.42 11.16
Russell 2000® Index 10.94 20.74 12.18 13.79 7.85 9.55
MSCI USA Small Cap Index 11.49 19.08 10.86 14.00 8.61 9.98

Expense Ratios

  • Gross Expense Ratio: 1.22%
  • Net Expense Ratio: 1.22%
  • Expense Cap Expiration Date: N/A

Read Important Investment Disclosures

Objective

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

Why Consider

  • May be appropriate for investors looking to gain exposure to domestic small cap securities
  • SouthernSun employs a fundamental, bottom-up investment approach that relies on an investment team of sector generalists with a global perspective
  • The Fund typically invests in 20-40 companies the portfolio manager believes are niche dominant and attractively valued with financial flexibility and uniquely fitted management teams
Michael W. Cook, Sr.

Michael W. Cook, Sr.

Founder, Chief Executive Officer, Chief Investment Officer

See Our Approach Read Bio

Performance

Performance

Read Important Investment Disclosures

Returns & Distributions

as of 09/30/2017

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Dec 28, 2015 $2.357400 $0.024900 $2.332500
      Dec 26, 2014 $2.138400 $2.138400
      Mar 27, 2014 $2.074710 $0.150960 $1.923750
      Dec 20, 2013 $1.666350 $0.231050 $1.435300
      Dec 20, 2012 $0.884900 $0.104800 $0.178900 $0.601200
      Dec 22, 2011 $1.239400 $0.423200 $0.816200
      Dec 22, 2008 $0.180000 $0.094500 $0.085500
      Dec 19, 2007 $0.970200 $0.089800 $0.880400
      Dec 28, 2006 $0.229900 $0.229900
      Aug 29, 2006 $0.041500 $0.041500
      Dec 29, 2005 $0.130500 $0.072500 $0.045000 $0.013000
      Dec 28, 2004 $0.045000 $0.045000

Growth of $10,000 (Hypothetical)

Since Inception 10/01/2003 to 09/30/2017 = $43,968.12

  • 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

Darling Ingredients Inc 5.85%
Hill-Rom Holdings Inc 5.37%
Centene Corp 5.25%
Envision Healthcare Corp 5.23%
Brink's Co 5.05%
Diebold Inc 5.04%
Clean Harbors Inc 5.00%
Murphy USA Inc 4.96%
Polaris Industries Inc 4.80%
Timken Co 4.79%
% in Top 10 Holdings 51.34%
View Holding Details Read Important Investment Disclosures

MPT Stats

Month Ending: 09/30/2017

View All Characteristics & Stats

Sector Allocation (Equity)

Quarter Ending: 06/30/2017

Investment Approach

Investment Approach

SouthernSun Small Cap Fund

SouthernSun Asset Management seeks to achieve the Fund’s investment objective by investing primarily in common stocks of smaller-capitalization U.S. companies that SouthernSun selects using a research-driven, value-oriented investment strategy. The Fund defines small-cap securities to include securities of issuers with a market capitalization at the time of purchase within the capitalization range of companies in the Russell 2000® Index during the most recent 12 month period (based on month-end data). This capitalization range will change over time. Under normal market conditions, the Fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes) measured at the time of purchase in small-cap securities. The Fund’s portfolio typically invests in 20-40 companies SouthernSun believes are niche dominant and attractively valued with financial flexibility and uniquely fitted management teams. When selecting companies for investment, SouthernSun seeks opportunities that it believes have the following characteristics:

  • Financial Strength: SouthernSun prefers companies that have strong internally generated discretionary cash flow and organic revenue growth
  • Management Capability: SouthernSun prefers management teams with measurable, transparent goals that are held accountable for performance. This applies to all levels of management from the CEO and CFO to less senior management
  • Niche Dominance: SouthernSun prefers companies that it believes exhibit competitive advantages through superior products, process controls and technologies

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 SouthernSun Asset Management

Background

Founded in 1989, SouthernSun is a Memphis-based firm that specializes in small and mid cap investing. The firm employs a fundamental, bottom-up, research-intensive investment approach that relies on an investment team of sector generalists with a global perspective.

Learn More

More Funds From SouthernSun Asset Management

SSOVX

SouthernSun Global Opportunities Fund

Seeks to provide long-term capital appreciation by investing in U.S. and non-U.S. companies.

View Fund Details

SSEFX

SouthernSun U.S. Equity Fund

Seeks to provide long term capital appreciation by investing in small to mid cap U.S. companies.

View Fund Details

Founded

1989


Headquarters

Memphis, TN


Affiliate Since

2014


AUM

$4.3B

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 1108 Large Value funds as of 09/30/2017
★★★★

ARDEX
Russell 3000® Value Index

Quarterly performance (%) data as of 09/30/2017

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 257 Muni National Interm funds as of 09/30/2017
★★★

GWMIX
Bloomberg Barclays 10-Year Municipal Bond Index

Quarterly performance (%) data as of 09/30/2017

Fund Detail Read Important Investment Disclosures

ADLIX

DoubleLine Core Plus Bond Fund

The Fund seeks to maximize total return.


Overall Morningstar Rating

Rated against 852 Intermediate-Term Bond funds as of 09/30/2017
★★★★★

ADLIX
Bloomberg Barclays U.S. Aggregate Bond Index

Quarterly performance (%) data as of 09/30/2017

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