Fund Overview

Fund Overview

Share Class

Common

NAV | as of 06/28/2022

$5.86
-$0.04 (-0.68%)

Morningstar | Style Box

V B G L M S

Growth of $10,000 (Hypothetical)

Since Inception 09/05/2007 to 05/31/2022 = $17,781.01

  • 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.

Objective

The Fund seeks long-term growth of capital.

Why Consider

  • The Fund may be appropriate for long-term value investors looking to gain exposure to U.S. and international equity investments that Tweedy, Browne believe to have above-average dividend yields.
  • Invests, based on Tweedy, Browne’s fundamental research, in a diversified portfolio of stocks from a variety of industries and countries across market capitalizations.
  • Utilizes a value investing approach popularized by legendary investor Benjamin Graham.

Roger R. de Bree

MANAGING DIRECTOR

Frank H. Hawrylak, CFA

MANAGING DIRECTOR

Jay Hill, CFA

MANAGING DIRECTOR

Sean McDonald, CFA

MANAGING DIRECTOR

Thomas H. Shrager

MANAGING DIRECTOR

John D. Spears

MANAGING DIRECTOR

Robert Q. Wyckoff, Jr.

MANAGING DIRECTOR

Performance

Performance

Read Important Investment Disclosures

Returns

Trailing Returns

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.

Expense Ratios

  • Gross Expense Ratio: 1.39%
  • Net Expense Ratio: 1.47%
  • Expense Cap Expiration Date: N/A

Distributions & Pricing

Distributions

Calendar Year Distributions

Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
Dec 10, 2021 $1.451000 $0.089000 $0.058000 $1.304000
Jun 29, 2021 $0.107000 $0.107000
Dec 11, 2020 $0.554000 $0.076000 $0.478000
Jun 29, 2020 $0.064000 $0.064000
Dec 12, 2019 $0.846000 $0.067000 $0.779000
Jun 27, 2019 $0.125000 $0.125000
Dec 27, 2018 $1.669000 $0.119000 $1.550000
Jun 28, 2018 $0.136000 $0.136000
Dec 27, 2017 $0.427000 $0.097000 $0.071000 $0.259000
Jun 29, 2017 $0.085000 $0.085000
Dec 28, 2016 $0.274000 $0.120000 $0.154000
Jun 29, 2016 $0.113000 $0.113000
Dec 29, 2015 $1.049000 $0.161000 $0.888000
Jun 29, 2015 $0.102000 $0.102000
Dec 29, 2014 $0.791000 $0.124000 $0.667000
Jun 27, 2014 $0.126000 $0.126000
Dec 27, 2013 $0.102000 $0.080000 $0.022000
Jun 27, 2013 $0.119000 $0.119000
Dec 27, 2012 $0.030000 $0.030000
Jun 28, 2012 $0.130000 $0.130000
Dec 29, 2011 $0.058000 $0.058000
Jun 29, 2011 $0.120000 $0.120000
Dec 30, 2010 $0.084000 $0.084000
Jun 29, 2010 $0.108000 $0.108000
Dec 30, 2009 $0.079000 $0.079000
Jun 29, 2009 $0.116000 $0.116000
Dec 30, 2008 $0.054000 $0.054000
Jun 27, 2008 $0.202000 $0.202000
Dec 28, 2007 $0.032000 $0.032000

Risk & Return Stats

As of: 05/31/2022

3YR 5YR 10YR
Alpha
Alpha is a measure of performance on a risk-adjusted basis. Alpha takes the volatility (price risk) of a security or mutual fund and compares its risk-adjusted performance to a benchmark index. The excess return of the security or fund relative to the return of the benchmark index is a fund's alpha.
-6.82 -3.97 -3.36
Standard Deviation
Standard Deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is calculated as the square root of variance.
17.51 15.00 12.76
Sharpe Ratio
Sharpe Ratio is a risk-adjusted measure developed by William Sharpe. It is calculated using standard deviation and excess return to determine reward per unit of risk. First, the average monthly return of the 90-day Treasury bill (over a 36-month period) is subtracted from the portfolio's average monthly return. The difference in total return represents the portfolio's excess return beyond that of the 90-day Treasury bill, a risk-free investment. An arithmetic annualized excess return is then calculated by multiplying this monthly return by 12. To show a relationship between excess return and risk, this number is then divided by the standard deviation of the portfolio's annualized excess returns. The higher the Sharpe ratio, the better the portfolio's historical risk-adjusted performance.
- - -
Upside Capture Ratio (%)
Upside Capture Ratio (%) is a measure of a manager's performance in up markets relative to a particular benchmark. An up market is one in which the market's quarterly (or monthly) return is greater than or equal to zero. For example, a ratio of 50% means that the portfolio's value increased half as much as its benchmark index during up markets.
63.89 60.71 58.07
Downside Capture Ratio (%)
Downside Capture Ratio (%) measures a manager's performance in down markets relative to a particular benchmark. A down market is one in which the market's quarterly (or monthly) return is less than zero. For example, a ratio of 50% means that the portfolio's value fell half as much as its benchmark index during down markets.
100.38 94.47 99.48
Beta
Beta measures the relationship between the portfolio's excess return over T-bills (representing a risk-free rate) relative to the excess return of the portfolio's benchmark. A low beta does not imply that the portfolio has a low level of volatility; rather, a low beta means that the portfolio's market-related risk is low. Beta is often referred to as systematic risk.
0.90 0.86 0.89
R-Squared
R-Squared ranges from 0 to 100 and reflects the percentage of a portfolio's movements that are explained by movements in its benchmark index. A portfolio with an R-squared of 100 means that all movement is completely explained by benchmark index movement. Thus, a portfolio that invests only in S&P 500 stocks will have an R-squared very close to 100. Conversely, a low R-squared indicates that very little of the portfolio's movement is explained by benchmark movement. An R-squared measure of 35, for example, means that movements in its benchmark index can explain only 35% of the portfolio's movements. R-squared is used to ascertain the significance of a particular beta or alpha and generally a higher R-squared will indicate more useful alpha and beta figures.
82.85 82.39 84.11
Tracking Error (%)
Tracking Error (%) , which is often referred to as the active risk of the portfolio, measures how closely a manager's returns track the returns of a benchmark index. Specifically, tracking error measures the standard deviation of the excess returns a portfolio generates compared to its benchmark. This gives an indication of the volatility of a portfolio versus its benchmark. If a manager tracks a benchmark closely, then tracking error will be low. If a manager tracks a benchmark perfectly, then tracking error will be zero.
7.45 6.66 5.31
View All Characteristics & Stats

Portfolio & Holdings

Portfolio & Holdings

Top Holdings (Equity)

As of: 03/31/2022

NESTLE SA REG - NEW 4.86%
DIAGEO PLC 4.12%
SCOR SE 3.90%
GLAXO SMITHKLINE PLC 3.67%
VERIZON COMMUNICATIONS 3.66%
ROCHE HOLDING AG 3.42%
TRELLEBORG AB-B 3.06%
BASF SE 2.97%
JOHNSON & JOHNSON 2.83%
SAFRAN SA 2.77%
% in Top 10 Holdings 35.25%
View Holding Details Read Important Investment Disclosures

Regional Allocation

As of: 03/31/2022

View Allocation Details

Investment Approach

Investment Approach

Tweedy, Browne Worldwide High Dividend Yield Value Fund

The Fund’s focus is on companies with above-average dividend yields selling at reasonable valuations; i.e., some level of discount from Tweedy Browne’s estimate of intrinsic value, whether defined as book value, earnings value or private market value.

Learned Lessons from Over a Century of Value Investing

Bob Wyckoff from Tweedy, Browne Company draws on the wisdom of great investors over the last century as his company recently celebrated its 100th birthday.

Read Blog

About

Background

Tweedy, Browne Company, LLC, is a leading practitioner of the value-oriented investment approach of legendary investor, author (The Intelligent Investor, Security Analysis), and Columbia Business School professor Benjamin Graham. Serving originally as a broker to Graham and other respected value investors, the firm’s 100-year history is grounded in undervalued securities, first as a market maker, then as an investor and investment adviser.

Learn More

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Founded

1920


Headquarters

Stamford, CT


Affiliate Since

1997

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