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YAFFX AMG Yacktman Focused N

  • Fund
  • YAFFX
  • Price as of: Oct 16, 2017
  • $22.25
  • + $0.04
  • + 0.18%
  • Category
  • Large Cap Blend Equities

YAFFX - Profile

Vitals

  • YTD Return 13.0%
  • 3 Yr Annualized Return 7.2%
  • 5 Yr Annualized Return 10.5%
  • Net Assets $4.31 B
  • Holdings in Top 10 63.9%

52 WEEK LOW AND HIGH

$22.25
$19.69
$22.25

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.24%

SALES FEES

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

BROKERAGE FEES

  • Turnover 4.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

STANDARD (TAXABLE)

$2,000

IRA

$1,000

Investment Themes

CATEGORY

Large Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Blend

Distributions

  • YTD Total Return 13.0%
  • 3 Yr Annualized Total Return 7.2%
  • 5 Yr Annualized Total Return 10.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.94%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name AMG Yacktman Focused Fund
  • Fund Family Name AMG Funds
  • Inception Date May 01, 1997
  • Shares Outstanding N/A
  • Share Class N
  • Currency USD
  • Domiciled Country United States
  • Manager Stephen A. Yacktman

Fund Description

The AMG Yacktman Focused Fund Service Class (YAFFX) is an actively managed stock-based mutual fund. The fund is designed to provide significant capital appreciation. YAFFX does this by primarily holding U.S. stocks of any size. The fund employs GARP-style investing, which seeks to combine stocks with growth and value attributes. YAFFX is highly contracted and holds management’s best ideas. The fund may hold as few as 25 stocks in its portfolio.

Expenses for Yacktman are considered low. As an active fund that can bet on any U.S. stock or sector, and with its highly contracted nature, YAFFX is best suited as a satellite position. The fund is managed by Yacktman Asset Management.

YAFFX - Performance

Return Ranking - Trailing

Period YAFFX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 13.0% -92.6% 31.0% 50.88% 3
1 Yr 13.8% -51.7% 43.3% 71.30% 4
3 Yr 7.2% * -14.4% 16.3% 72.11% 4
5 Yr 10.5% * -0.6% 17.9% 80.85% 5
10 Yr 10.5% * 0.9% 14.4% 0.83% 1

* Annualized


Return Ranking - Calendar

Period YAFFX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -0.4% -37.7% 186.3% 75.46% 5
2015 -23.6% -46.9% 11.2% 90.10% 5
2014 2.9% -51.7% 38.1% 53.32% 3
2013 22.6% -88.0% 42.8% 65.90% 4
2012 9.3% -100.0% 25.9% 70.89% 4

Total Return Ranking - Trailing

Period YAFFX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 13.0% -92.6% 31.0% 50.77% 3
1 Yr 13.8% -52.5% 142.7% 61.17% 4
3 Yr 7.2% * -5.3% 57.6% 67.28% 4
5 Yr 10.5% * -0.6% 17.9% 78.87% 4
10 Yr 10.5% * 0.9% 14.4% 0.73% 1

* Annualized


Total Return Ranking - Calendar

Period YAFFX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -0.4% -36.6% 190.6% 80.20% 5
2015 -6.1% -40.3% 20.1% 83.19% 5
2014 14.8% -24.8% 100.1% 27.37% 2
2013 43.2% -93.4% 1119.1% 32.04% 2
2012 18.3% -100.0% 282.8% 57.16% 3

NAV & Total Return History

YAFFX - Holdings

Filings data as of: Sep 30, 2017

Concentration Analysis

YAFFX Category Low Category High YAFFX % Rank Quintile
Net Assets 4.31 B 9.87 K 621 B 5.03% 1
Number of Holdings 25 1 3780 18.06% 5
Net Assets in Top 10 2.76 B 13.1 K 95.8 B 2.59% 1
Weighting of Top 10 63.9% 2.3% 269.3% 5.32% 1

Top 10 Holdings

  1. PepsiCo Inc 6.97%
  2. Procter & Gamble Co 10.12%
  3. Coca-Cola Co 4.85%
  4. Cisco Systems Inc 4.99%
  5. Twenty-First Century Fox Inc Class A 5.01%
  6. Oracle Corp 4.59%
  7. Samsung Electronics Co Ltd Participating Preferred 10.92%
  8. Twenty-First Century Fox Inc Class B 7.95%
  9. Johnson & Johnson 4.82%
  10. Microsoft Corp 3.63%

Asset Allocation

Weighting Category Low Category High YAFFX % Rank Quintile
Stocks
74.52% 0.00% 147.19% 26.78% 5
Cash
23.03% -112.50% 132.07% 1.01% 1
Bonds
2.46% -49.59% 110.36% 4.74% 1
Preferred Stocks
0.00% -0.39% 88.99% 3.81% 2
Other
0.00% -81.75% 100.00% 12.30% 3
Convertible Bonds
0.00% 0.00% 71.30% 1.94% 1

Stock Sector Breakdown

Weighting Category Low Category High YAFFX % Rank Quintile
Consumer Defense
26.69% -0.12% 55.88% 0.36% 1
Technology
25.19% 0.00% 41.58% 1.80% 1
Consumer Cyclical
12.96% 0.00% 47.61% 8.29% 2
Healthcare
4.82% 0.00% 43.34% 28.62% 5
Energy
1.99% -3.37% 24.97% 23.94% 5
Financial Services
1.98% 0.00% 78.59% 30.93% 5
Industrials
0.88% 0.00% 34.96% 30.21% 5
Utilities
0.00% -1.65% 32.10% 20.55% 5
Real Estate
0.00% -35.19% 11.80% 19.39% 5
Communication Services
0.00% -0.78% 17.35% 22.86% 5
Basic Materials
0.00% -0.88% 26.23% 23.65% 5

Stock Geographic Breakdown

Weighting Category Low Category High YAFFX % Rank Quintile
US
60.66% 0.00% 100.18% 30.50% 5
Non US
13.86% -1.33% 88.51% 5.04% 1

Bond Sector Breakdown

Weighting Category Low Category High YAFFX % Rank Quintile
Cash & Equivalents
23.03% -112.44% 131.77% 1.01% 1
Corporate
2.46% 0.00% 90.18% 4.11% 1
Derivative
0.00% -61.02% 46.77% 1.37% 1
Securitized
0.00% -3.93% 52.72% 3.32% 1
Municipal
0.00% 0.00% 65.19% 2.16% 1
Government
0.00% -49.59% 76.37% 4.97% 1

Bond Geographic Breakdown

Weighting Category Low Category High YAFFX % Rank Quintile
US
2.46% -49.59% 100.82% 4.32% 1
Non US
0.00% -81.98% 20.63% 4.10% 1

YAFFX - Expenses

Operational Fees

YAFFX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.24% 0.02% 303.36% 13.99% 3
Management Fee 0.87% 0.00% 2.25% 1.72% 5
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.15% 0.00% 0.45% 2.23% 4

Sales Fees

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

Trading Fees

YAFFX Fees (% of AUM) Category Low Category High YAFFX Rank Quintile
Max Redemption Fee 2.00% 0.00% 2.00% 0.63% 3

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.

YAFFX Fees (% of AUM) Category Low Category High YAFFX Rank Quintile
Turnover 4.00% 0.00% 1754.00% 16.46% 1

YAFFX - Distributions

Dividend Yield Analysis

YAFFX Category Low Category High YAFFX % Rank Quintile
Dividend Yield 0.1% 0.00% 11.20% 49.43% 3

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

YAFFX Category Low Category High YAFFX % Rank Quintile
Net Income Ratio 0.94% -1.94% 3.78% 11.61% 3

Capital Gain Distribution Analysis

YAFFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

YAFFX - Managers

Stephen A. Yacktman

Manager

Start Date

Dec 31, 2002

Tenure

14.76

Tenure Rank

2.0%

STEPHEN YACKTMAN Mr. Yacktman is Chief Investment Officer, Partner, and Portfolio Manager of Yacktman Asset Management. He joined Yacktman Asset Management in 1993 as an analyst and has been co-manager for AMG Yacktman Focused Fund and AMG Yacktman Fund since 2002. In 2006 he was named Co-Chief Investment Officer and Senior Vice President of Yacktman Asset Management. Stephen was a finalist for Morningstar's Domestic-Stock Manager of the Year award in 2011. He graduated from Brigham Young University with an economics degree and MBA. He is a member of the Management Committee of the firm.


Jason S. Subotky

Manager

Start Date

Dec 31, 2009

Tenure

7.75

Tenure Rank

5.7%

JASON SUBOTKY Mr. Subotky is Partner and Portfolio Manager of Yacktman Asset Management. He joined the firm in 2001, having previously worked as a General Partner at Peterschmidt Ventures and as a Vice President at Goldman Sachs. Mr. Subotky received a BMusic from the University of Southern California and an MBA from Brigham Young University. Jason is a co-manager for AMG Yacktman Focused Fund and AMG Yacktman Fund and is a member of the Management Committee.


Tenure Analysis

Category Low

0.0

Category High

81.9

Category Average

6.19

Category Mode

2.8