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CHTTX AMG Managers Fairpointe Mid Cap N

  • Fund
  • CHTTX
  • Price as of: Jul 17, 2018
  • $41.98
  • + $0.12
  • + 0.29%
  • Category
  • Mid Cap Blend Equities

CHTTX - Profile

Vitals

  • YTD Return -1.7%
  • 3 Yr Annualized Return 6.1%
  • 5 Yr Annualized Return 9.1%
  • Net Assets $3.58 B
  • Holdings in Top 10 33.3%

52 WEEK LOW AND HIGH

$41.98
$39.78
$45.89

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.13%

SALES FEES

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

BROKERAGE FEES

  • Turnover 28.00%

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 -1.7%
  • 3 Yr Annualized Total Return 6.1%
  • 5 Yr Annualized Total Return 9.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.05%
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 adviser currently considers mid-cap companies to be those with market capitalizations at the time of acquisition within the capitalization range of the Russell Midcap® Index. The subadviser selects stocks based on bottom-up fundamental analysis.

CHTTX - Performance

Return Ranking - Trailing

Period CHTTX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -1.7% -100.0% 35.2% 85.19% 5
1 Yr 2.1% -53.8% 36.5% 84.66% 5
3 Yr 6.1% * -3.4% 24.3% 62.18% 4
5 Yr 9.1% * -3.5% 15.9% 61.06% 4
10 Yr 9.4% * -2.6% 14.2% 38.24% 2

* Annualized


Return Ranking - Calendar

Period CHTTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 4.7% -20.7% 25.7% 56.33% 3
2016 18.8% -32.9% 40.3% 4.23% 1
2015 -15.6% -32.9% 20.0% 72.79% 4
2014 -7.5% -42.4% 27.4% 86.14% 5
2013 31.7% -4.0% 57.3% 35.46% 2

Total Return Ranking - Trailing

Period CHTTX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -1.7% -100.0% 35.2% 84.57% 5
1 Yr 2.1% -48.2% 36.6% 80.98% 5
3 Yr 6.1% * -3.4% 30.0% 58.65% 3
5 Yr 9.1% * -4.0% 15.9% 58.75% 3
10 Yr 9.4% * -2.9% 14.2% 36.55% 2

* Annualized


Total Return Ranking - Calendar

Period CHTTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 4.7% -20.7% 25.7% 56.33% 3
2016 18.8% -15.1% 40.3% 4.89% 1
2015 -10.9% -23.9% 56.1% 83.61% 5
2014 12.7% -42.4% 208.7% 27.72% 2
2013 76.8% -4.5% 304.1% 4.61% 1

NAV & Total Return History

CHTTX - Holdings

Filings data as of: Jun 30, 2018

Concentration Analysis

CHTTX Category Low Category High CHTTX % Rank Quintile
Net Assets 3.58 B 1.41 M 96.7 B 3.99% 1
Number of Holdings 46 5 3295 24.54% 4
Net Assets in Top 10 1.19 B 618 K 6.77 B 2.45% 1
Weighting of Top 10 33.3% 2.9% 110.4% 12.27% 2

Top 10 Holdings

  1. Juniper Networks Inc 3.69%
  2. Teradata Corp 3.19%
  3. New York Times Co Class A 2.78%
  4. Stericycle Inc 2.93%
  5. Hormel Foods Corp 3.58%
  6. Tegna Inc 3.11%
  7. Mattel Inc 4.18%
  8. McDermott International Inc 4.43%
  9. Domtar Corp 2.79%
  10. LKQ Corp 2.61%

Asset Allocation

Weighting Category Low Category High CHTTX % Rank Quintile
Stocks
97.51% 26.84% 101.77% 15.95% 3
Cash
2.49% -1.77% 62.75% 21.17% 3
Preferred Stocks
0.00% 0.00% 4.04% 3.68% 5
Other
0.00% 0.00% 8.23% 8.90% 5
Convertible Bonds
0.00% 0.00% 0.85% 2.45% 5
Bonds
0.00% 0.00% 49.54% 7.98% 5

Stock Sector Breakdown

Weighting Category Low Category High CHTTX % Rank Quintile
Consumer Cyclical
34.27% 0.00% 34.75% 0.61% 1
Technology
17.67% 0.00% 40.54% 10.12% 2
Industrials
12.19% 0.00% 45.11% 28.22% 4
Consumer Defense
7.97% -1.95% 21.71% 3.99% 1
Healthcare
7.70% 0.00% 57.45% 25.15% 4
Energy
6.50% -1.14% 19.78% 8.28% 2
Financial Services
5.82% 0.00% 51.22% 35.58% 5
Basic Materials
5.39% -0.53% 23.85% 20.55% 3
Utilities
0.00% -0.57% 14.12% 28.22% 5
Real Estate
0.00% 0.00% 12.76% 36.50% 5
Communication Services
0.00% 0.00% 24.04% 24.85% 5

Stock Geographic Breakdown

Weighting Category Low Category High CHTTX % Rank Quintile
US
93.98% 16.35% 101.77% 22.70% 3
Non US
3.53% 0.00% 46.87% 15.34% 2

CHTTX - Expenses

Operational Fees

CHTTX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.13% 0.03% 16.03% 30.67% 3
Management Fee 0.61% 0.00% 2.00% 10.12% 2
12b-1 Fee 0.25% 0.00% 1.00% 4.93% 3
Administrative Fee 0.15% 0.01% 0.45% 6.37% 4

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 28.00% 2.00% 394.00% 21.78% 2

CHTTX - Distributions

Dividend Yield Analysis

CHTTX Category Low Category High CHTTX % Rank Quintile
Dividend Yield 0.3% 0.00% 1.74% 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 -0.05% -4.72% 1.82% 38.96% 4

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

9.34

Tenure Rank

9.3%

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

9.34

Tenure Rank

9.3%

Co-CEO and Portfolio Manager – Ms. Pierson is a co-founder of Fairpointe Capital LLC and Co-CEO. She is part of the Investment Team, serving as co-portfolio manager for the Mid-Cap Equity and ESG Equity Strategies, including the AMG Managers Fairpointe Mid Cap Fund, the AMG Managers Fairpointe ESG Equity Fund, the Parvest Equity USA Mid Cap Fund, and institutional accounts. Prior to co-founding Fairpointe Capital, Ms. Pierson served as a member of the Mid-Cap Investment team for seven years. She co-managed the Aston (now AMG) Mid Cap Fund, the Parvest Equity USA Mid Cap Fund and separately managed institutional accounts, as well as providing research and analysis of existing and potential mid-cap equity holdings. Ms. Pierson’s prior experience includes fifteen years with Harris Bancorp and Harris Futures Corporation, a wholly-owned subsidiary. While serving as General Manager at Harris Futures Corporation, she was responsible for managing all aspects of the institution, which operated as a financial futures broker. In prior positions at Harris, Ms. Pierson conducted in-depth international economic research and analysis of foreign exchange exposure issues, along with currency trends and foreign political conditions related to investments. Ms. Pierson received a B.A. in Economics from DePauw University, an M.A. in Economics from Northwestern University, and an M.B.A. in Finance from The University of Chicago.


Thyra E. Zerhusen

Lead Manager

Start Date

May 01, 1999

Tenure

19.18

Tenure Rank

2.0%

CEO and Chief Investment Officer – Ms. Zerhusen is the principal founder of Fairpointe Capital LLC, CEO and Chief Investment Officer of the firm. She is part of the Investment Team, serving as lead portfolio manager for the Mid-Cap Core Equity and Co-Portfolio Manager for the ESG Equity Strategy, including the AMG Managers Fairpointe Mid Cap Fund, the AMG Managers Fairpointe ESG Equity Fund, the Parvest Equity USA Mid Cap Fund, and institutional separate accounts. Prior to founding Fairpointe Capital, Ms. Zerhusen was the Chief Investment Officer for Mid-Cap Equities at a predecessor firm beginning in October of 2003. Ms. Zerhusen also spent four years at Talon Asset Management as Senior Vice President and Portfolio Manager, where she began managing the Aston (now AMG) Mid Cap Fund. She has managed the fund without interruption for eighteen years, thus preserving the long-term track record. Previously, she was employed by The Burridge Group as principal and portfolio manager for a tax-sensitive mid-cap product, and spent eleven years as Senior Investment Analyst at Sears Investment Management Company. Ms. Zerhusen started her career as an Investment Research Officer at Harris Trust & Savings Bank in Chicago and was responsible for in-depth financial analysis of company fundamentals and industry trends. She has been a guest on Wall Street Week with Louis Rukeyser, CNNfn’s Mutual Fundamentals, Bloomberg, and CNBC. Ms. Zerhusen received an M.S. from the Swiss Federal Institute of Technology with concentrations in life sciences, biotechnology, and economics. She has an M.A. in Economics from the University of Illinois. She is also a member of the CFA Society. Primarily educated in Switzerland, Ms. Zerhusen is fluent in English, French, and German.


Brian M. Washkowiak

Manager

Start Date

Feb 29, 2016

Tenure

2.33

Tenure Rank

21.1%

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

39.4

Category Average

7.19

Category Mode

0.1