SouthernSun Small Cap Fund  (SSSIX)

Fund Overview

Fund Overview

Share Class

I

  • I

Morningstar | Style Box

V B G L M S

NAV | as of 06/22/2018

$26.64
+$0.16 (+0.60%)

Quarterly Performance (%) |
vs. Benchmark as of 03/31/2018

Fund Inception 09/30/2009

YTD 1YR 3YR 5YR 10YR INCEP.
SSSIX -5.67 4.44 2.15 6.20 - 14.06
Russell 2000® Index -0.08 11.79 8.39 11.47 9.84 13.07
MSCI USA Small Cap Index -0.60 12.04 8.19 11.62 10.78 13.64
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 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. Performance Data shown does not reflect the 2.00% redemption fee imposed on the shares held 60 days or less; otherwise, total returns would be reduced.

Expense Ratios

  • Gross Expense Ratio: 0.97%
  • Net Expense Ratio: 0.97%
  • 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 03/31/2018

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Dec 27, 2016 $0.054800 $0.054800
      Dec 28, 2015 $2.476600 $0.105100 $2.371500
      Dec 26, 2014 $2.177900 $0.011900 $2.166000
      Mar 27, 2014 $2.074710 $0.150960 $1.923750
      Dec 20, 2013 $1.677350 $0.011000 $0.231050 $1.435300
      Dec 20, 2012 $0.936000 $0.155900 $0.178900 $0.601200
      Dec 22, 2011 $1.239400 $0.423200 $0.816200

Growth of $10,000 (Hypothetical)

Since Inception 09/30/2009 to 05/31/2018 = $31,058.63

  • 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. Performance Data shown does not reflect the 2.00% redemption fee imposed on the shares held 60 days or less; otherwise, total returns would be reduced.

Top Holdings (Equity)

As of: 12/31/2017

Darling Ingredients Inc 6.55%
Trinity Industries Inc 5.57%
Clean Harbors Inc 5.43%
Brink's Co 5.26%
Murphy USA Inc 5.15%
Newfield Exploration Co 5.13%
Hill-Rom Holdings Inc 5.04%
Polaris Industries Inc 5.03%
Timken Co 5.02%
Federal Signal Corp 4.83%
% in Top 10 Holdings 53.01%
View Holding Details Read Important Investment Disclosures

MPT Stats

As of: 05/31/2018

View All Characteristics & Stats

Sector Allocation (Equity)

As of: 12/31/2017

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.
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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

$3.8B

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