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CHTTX AMG Managers Fairpointe Mid Cap N

  • Fund
  • CHTTX
  • Price as of: Dec 09, 2016
  • $43.97
  • + $0.08
  • + 0.18%
  • Category
  • Mid Cap Blend Equities

CHTTX - Profile

Vitals

  • YTD Return 28.1%
  • 3 Yr Annualized Return 7.7%
  • 5 Yr Annualized Return 15.3%
  • Net Assets $3.87 B
  • Holdings in Top 10 33.6%

52 WEEK LOW AND HIGH

$43.97
$29.85
$43.97

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.11%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 31.75%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,000

IRA

$1,000

Investment Themes

CATEGORY

Mid Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Value

Distributions

  • YTD Total Return 28.1%
  • 3 Yr Annualized Total Return 7.7%
  • 5 Yr Annualized Total Return 15.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.27%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name AMG Managers Fairpointe Mid Cap Fund
  • Fund Family Name AMG Funds
  • Inception Date Sep 19, 1994
  • Shares Outstanding N/A
  • Share Class N
  • Currency USD
  • Domiciled Country United States
  • Manager Marie L. Lorden

Fund Description

The fund invests at least 80% of its assets in stocks of mid-cap companies with an improving revenue and earnings growth outlook. The manager defines a mid-cap company as one having a market capitalization of between $1 and $15 billion at the time of acquisition. The sub-adviser selects stocks based on bottom-up fundamental analysis. Important investment criteria include: Focused business franchise with ability to grow market share, Attractive valuation, Low relative leverage, and Experienced management.

CHTTX - Performance

Return Ranking - Trailing

Period CHTTX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 28.1% -32.8% 46.4% 2.78% 1
1 Yr 16.2% -53.8% 29.2% 4.91% 1
3 Yr 7.7% * -17.4% 24.3% 33.33% 2
5 Yr 15.3% * -9.3% 19.5% 6.03% 1
10 Yr 9.8% * -7.2% 10.7% 2.62% 1

* Annualized


Return Ranking - Calendar

Period CHTTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -15.6% -32.9% 6.7% 72.78% 4
2014 -7.5% -42.4% 14.7% 85.25% 5
2013 31.7% -4.0% 57.3% 35.46% 2
2012 12.8% -100.0% 29.4% 50.58% 3
2011 -7.4% -23.2% 6.9% 65.27% 4

Total Return Ranking - Trailing

Period CHTTX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 28.1% -32.8% 46.4% 2.78% 1
1 Yr 16.2% -48.2% 36.6% 3.99% 1
3 Yr 7.7% * -18.1% 30.0% 30.72% 2
5 Yr 15.3% * -9.8% 19.5% 5.32% 1
10 Yr 9.8% * -7.4% 10.7% 2.62% 1

* Annualized


Total Return Ranking - Calendar

Period CHTTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -10.9% -23.9% 6.7% 81.96% 5
2014 12.7% -42.4% 20.2% 25.25% 2
2013 76.8% -4.5% 208.7% 4.61% 1
2012 33.4% -100.0% 304.1% 14.29% 1
2011 -12.6% -77.4% 14.0% 83.68% 5

NAV & Total Return History

CHTTX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

CHTTX Category Low Category High CHTTX % Rank Quintile
Net Assets 3.87 B 1.41 M 75.6 B 3.37% 1
Number of Holdings 44 3 3295 24.54% 5
Net Assets in Top 10 1.21 B 618 K 4.95 B 3.07% 1
Weighting of Top 10 33.6% 2.9% 123.0% 12.58% 2

Top 10 Holdings

  1. Juniper Networks Inc 4.02%
  2. Teradata Corp 3.34%
  3. New York Times Co Class A 3.18%
  4. Copa Holdings SA Class A 4.14%
  5. Varian Medical Systems Inc 3.26%
  6. Time Inc 3.10%
  7. Alcoa 3.36%
  8. Raymond James Financial Inc 3.09%
  9. Tegna Inc 3.07%
  10. DeVry Education Group Inc 3.05%

Asset Allocation

Weighting Category Low Category High CHTTX % Rank Quintile
Stocks
96.51% 34.78% 122.13% 17.48% 3
Cash
3.49% -22.43% 62.75% 16.56% 2
Other
0.00% -0.31% 8.23% 10.43% 5
Convertible Bonds
0.00% 0.00% 2.20% 1.23% 5
Preferred Stocks
0.00% 0.00% 5.78% 2.76% 5
Bonds
0.00% -0.22% 20.81% 7.36% 5

Stock Sector Breakdown

Weighting Category Low Category High CHTTX % Rank Quintile
Consumer Cyclical
29.17% 1.07% 33.74% 0.92% 1
Technology
20.55% 0.00% 40.54% 3.07% 1
Industrials
13.29% 1.45% 42.11% 20.55% 3
Basic Materials
11.98% -1.54% 24.97% 1.53% 1
Energy
6.59% -0.17% 16.64% 7.98% 2
Financial Services
5.94% 0.00% 45.14% 31.90% 5
Healthcare
5.19% 0.00% 39.73% 32.21% 5
Consumer Defense
3.80% 0.00% 25.11% 23.62% 4
Communication Services
0.00% 0.00% 23.25% 24.23% 5
Real Estate
0.00% 0.00% 23.62% 31.90% 5
Utilities
0.00% -0.71% 24.46% 26.07% 5

Stock Geographic Breakdown

Weighting Category Low Category High CHTTX % Rank Quintile
US
93.13% 28.74% 122.01% 18.71% 3
Non US
3.38% -0.28% 42.68% 13.50% 3

CHTTX - Expenses

Operational Fees

CHTTX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.11% 0.05% 16.03% 29.45% 3
Management Fee 0.60% 0.04% 2.00% 9.51% 2
12b-1 Fee 0.25% 0.00% 1.00% 4.95% 3
Administrative Fee 0.04% 0.01% 0.45% 14.65% 2

Sales Fees

CHTTX Fees (% of AUM) Category Low Category High CHTTX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

CHTTX Fees (% of AUM) Category Low Category High CHTTX Rank Quintile
Max Redemption Fee N/A 0.50% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CHTTX Fees (% of AUM) Category Low Category High CHTTX Rank Quintile
Turnover 31.75% 1.00% 394.00% 19.33% 2

CHTTX - Distributions

Dividend Yield Analysis

CHTTX Category Low Category High CHTTX % Rank Quintile
Dividend Yield 0.3% 0.00% 1.76% 8.94% 1

Dividend Distribution Analysis

CHTTX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

CHTTX Category Low Category High CHTTX % Rank Quintile
Net Income Ratio 0.27% -4.48% 2.50% 30.67% 3

Capital Gain Distribution Analysis

CHTTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

CHTTX - Managers

Marie L. Lorden

Manager

Start Date

Mar 01, 2009

Tenure

7.76

Tenure Rank

8.4%

Ms. Marie L. Lorden, Partner and Portfolio Manager of Fairpointe Capital LLC. Ms. Lorden co-founded Fairpointe May 1, 2011 and is responsible for research and portfolio management of the firms' mutual funds and institutional client accounts. Most recently (2003-2011), she served as Portfolio Manager/Analyst at Optimum Investment Advisors. Her prior experience includes eight years specializing in equity product analysis with Zurich Insurance Group, Driehaus Capital Management, and The Burridge Group. Ms. Lorden received her BS from Elmhurst College and her MBA from Keller Graduate School of Management.


Mary L. Pierson

Manager

Start Date

Mar 01, 2009

Tenure

7.76

Tenure Rank

8.4%

Ms. Pierson is a co-founder and Co-CEO of Fairpointe Capital. Prior to co-founding Fairpointe Capital in 2011, Ms. Pierson served as a member of the Mid Cap Investment Team at Optimum Investment Advisors for 7 years. Ms. Pierson is responsible for research and analysis of existing and potential holdings, as well as mutual fund, institutional relationships, and portfolio management. Her prior experience includes 15 years with Harris Bancorp and Harris Futures Corporation. While General Manager at Harris Futures Corporation, she was responsible for managing all aspects of the institution, which operated as a financial futures broker. Ms. Pierson received her BA in Economics from DePauw University, her MA in Economics from Northwestern University and her MBA in Finance from The University of Chicago.


Thyra E. Zerhusen

Lead Manager

Start Date

Apr 01, 1999

Tenure

17.68

Tenure Rank

1.8%

Ms. Thyra E. Zerhusen, Chief Executive Officer and Chief Investment Officer of Fairpointe Capital LLC. Ms. Zerhusen founded Fairpointe on May 1, 2011. Most recently, she served as CIO of the Mid-Cap product at Optimum Investment Advisors. Prior experience includes Talon Asset Management, where she was a Senior Vice President and Portfolio Manager. Ms. Zerhusen has held past positions as Senior Investment Analyst, Investment Research Officer, and Principal at firms including Harris Trust & Savings Bank, Sears Investment Management Company and The Burridge Group. She is a graduate of the Swiss Federal Institute of Technology and received an MA in Economics from The University of Illinois.


Brian M. Washkowiak

Manager

Start Date

Feb 29, 2016

Tenure

0.75

Tenure Rank

19.5%

Brian M. Washkowiak, CFA, serves as a member of the Mid-Cap Investment Team. His responsibilities include investment research and portfolio management. Mr. WashKowiak has many years of experience in the financial industry. Prior to joining Fairpointe Capital LLC in 2015, he was at BW Opportunity Partners, LP, focusing on small and mid-cap investments. Mr. Washkowiak spent thirteen years as a research analyst and portfolio manager at Talon Asset Management, Inc. and was a member of the investment committee. At Talon, Mr. Washkowiak worked with Ms. Zerhusen as an analyst and assistant portfolio manager on the mid-cap strategy. Mr. Washkowiak received a B.A. in Finance from Illinois State University and is a Chartered Financial Analyst (CFA).


Tenure Analysis

Category Low

0.1

Category High

37.9

Category Average

6.27

Category Mode

1.9