Yacktman Special Opportunities Fund  (YASSX)

Fund Overview

Fund Overview

Share Class

I

  • I

Morningstar | Style Box

V B G L M S

NAV | as of 09/18/2017

$11.70
-$0.02 (-0.17%)

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

Fund Inception 06/30/2015

YTD 1YR 3YR 5YR 10YR INCEP.
YASSX 18.89 41.71 - - - 13.39
MSCI ACWI All Cap Index 11.35 19.09 4.88 10.76 - 6.98

Expense Ratios

  • Gross Expense Ratio: 2.21%
  • Net Expense Ratio: 1.67%
  • Expense Cap Expiration Date: 05/01/2018

Read Important Investment Disclosures

Objective

The Fund seeks long-term capital appreciation through an intrinsic value-oriented investment approach.

Why Consider

  • Provides investors exposure to a portfolio of high conviction investments with the top 10 holdings representing more than 30% of the Fund's portfolio
  • Maintains a long-term investment horizon and is agnostic to index constituents and sector weights
  • Employs an absolute value approach which includes a fundamental, bottom-up security selection process focused on identifying securities with a meaningful discount to intrinsic value
Adam P. Sues

Adam P. Sues

Partner, Portfolio Manager

See Our Approach Read 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 $0.305200 $0.305200
      Dec 28, 2015 $0.355300 $0.225500 $0.129800

Sector Allocation (Equity)

Quarter Ending: 06/30/2017

Top Holdings (Equity)

Quarter Ending: 06/30/2017

Emeco Pty Ltd Fixed 9.25% Mar 2022 7.12%
Bentham IMF Ltd 5.33%
Samsung Electronics Co Ltd Preferred 5.13%
Computer Services Inc 4.59%
America's Car-Mart Inc 4.53%
Retail Holdings NV 4.38%
Hargreaves Services PLC 4.26%
Pardee Resources Co Inc 3.77%
Ocean Wilsons Holdings Ltd 3.67%
Texhong Textile Group Ltd 3.26%
% in Top 10 Holdings 46.04%
View Holding Details Read Important Investment Disclosures

Characteristics & Stats

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Investment Approach

Investment Approach

AMG Yacktman Special Opportunities Fund

The Fund seeks to benefit from a flexible investment mandate resulting in a broad opportunity set for generating new ideas. The unconstrained, global investment universe includes all market capitalizations. The investment process focuses on:

  • Absolute value, investing in undervalued businesses based on intrinsic value rather than relative
    value versus a benchmark or peer group
  • Bottom-up, fundamental stock research and business analysis
  • Thorough examination of company history over long periods
  • Estimation of normalized earnings and business quality
  • High conviction ideas resulting in a concentrated portfolio
  • Long-term time horizon with an investment goal of achieving attractive risk-adjusted returns
    over a full business cycle

 

Additional Fund Highlight

Maintains a long-term investment horizon and is agnostic to index constituents and sector weights

Keep Calm and Remain Diversified

A short- and long-term review of the power of diversification.
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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.
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About

About Yacktman Asset Management

Background

Yacktman Asset Management is a boutique investment advisory firm located in Austin, Texas. Since 1992, the firm has navigated multiple market cycles while adhering to a disciplined investment approach led by Stephen Yacktman, Chief Investment Officer. The firm strives to achieve solid risk-adjusted returns over time.

Learn More

More Funds From Yacktman Asset Management

YAFFX

Yacktman Focused Fund

The Fund seeks long-term capital appreciation and, to a lesser extent, current income by primarily investing in common stocks of U.S. companies.

View Fund Details

YACKX

Yacktman Fund

The Fund seeks long-term capital appreciation and, to a lesser extent, current income by primarily investing in common stocks of U.S. companies.

View Fund Details

YFSIX

Yacktman Focused Fund - Security Selection Only

The Fund seeks to generate equity-like rates of return over a full market cycle while managing the level of risk.

View Fund Details

Founded

1992


Headquarters

Austin, TX


Affiliate Since

2012


AUM

$15.6B

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Fund Detail Read Important Investment Disclosures

ADLIX

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Fund Detail Read Important Investment Disclosures

HLMNX

Harding Loevner International Equity Portfolio

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Fund Detail Read Important Investment Disclosures

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