MGAZX: AMG Managers Amundi Intermediate Gov Z

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MGAZX AMG Managers Amundi Intermediate Gov Z

  • Fund
  • MGAZX
  • Price as of: Nov 13, 2019
  • $10.65
    - $0.00 - 0.00%

Profile

MGAZX - Profile

Vitals

  • YTD Return 2.6%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $60.3 M
  • Holdings in Top 10 0.0%

52 WEEK LOW AND HIGH

$10.65
$10.22
$10.85

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.83%

SALES FEES

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

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Sep 16, 2019
  • Standard (Taxable) $5,000,000
  • IRA $50,000

Fund Classification


Distributions

  • YTD Total Return 2.6%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.04%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    AMG Managers Amundi Intermediate Government Fund
  • Fund Family Name
    N/A
  • Inception Date
    Feb 24, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert W. Aufdenspring

Fund Description

The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in bonds (debt securities) issued by the U.S. government or its agencies and instrumentalities and synthetic instruments or derivatives having economic characteristics similar to such debt securities. It will seek to minimize credit risk by investing in securities of the highest credit quality.


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Categories

Performance

MGAZX - Performance

Return Ranking - Trailing

Period MGAZX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.6% 0.0% 0.7% 92.13%
1 Yr 4.0% 0.3% 7.2% 98.15%
3 Yr N/A* -1.1% 3.5% 18.95%
5 Yr N/A* -1.9% 2.6% 14.69%
10 Yr N/A* -2.1% 3.9% 4.90%

* Annualized

Return Ranking - Calendar

Period MGAZX Return Category Return Low Category Return High Rank in Category (%)
2019 -2.3% -0.4% 4.9% 82.84%
2018 N/A -3.4% -0.7% N/A
2017 N/A -2.3% 0.9% N/A
2016 N/A -3.3% 1.4% N/A
2015 N/A -4.5% 0.2% N/A

Total Return Ranking - Trailing

Period MGAZX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.6% 0.0% 0.7% 93.06%
1 Yr 4.0% 0.4% 7.2% 96.76%
3 Yr N/A* -0.8% 3.5% 23.68%
5 Yr N/A* -1.9% 2.6% 15.25%
10 Yr N/A* -2.1% 3.9% 6.29%

* Annualized

Total Return Ranking - Calendar

Period MGAZX Return Category Return Low Category Return High Rank in Category (%)
2019 -2.3% -0.2% 4.9% 89.22%
2018 N/A -3.4% 3.0% N/A
2017 N/A -2.0% 2.8% N/A
2016 N/A -3.3% 1.5% N/A
2015 N/A -4.5% 2.0% N/A

NAV & Total Return History


Holdings

MGAZX - Holdings

Concentration Analysis

MGAZX Category Low Category High MGAZX % Rank
Net Assets 60.3 M 1.61 M 24.4 B 95.41%
Number of Holdings 2 2 15786 99.54%
Net Assets in Top 10 0 0 8.37 B 99.54%
Weighting of Top 10 0.00% 0.0% 200.8% 99.54%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High MGAZX % Rank
Cash
100.00% -43.12% 100.00% 1.38%
Stocks
0.00% 0.00% 13.51% 62.84%
Preferred Stocks
0.00% 0.00% 0.01% 68.35%
Other
0.00% -36.86% 2.01% 62.84%
Convertible Bonds
0.00% 0.00% 0.25% 68.81%
Bonds
0.00% 0.00% 141.12% 99.54%

Expenses

MGAZX - Expenses

Operational Fees

MGAZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.83% 0.00% 3.79% 48.85%
Management Fee 0.48% 0.00% 0.85% 73.85%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.45% 83.72%

Sales Fees

MGAZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

MGAZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

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.

MGAZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 1482.00% 2.75%

Distributions

MGAZX - Distributions

Dividend Yield Analysis

MGAZX Category Low Category High MGAZX % Rank
Dividend Yield 0.00% 0.00% 2.68% 99.54%

Dividend Distribution Analysis

MGAZX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

MGAZX Category Low Category High MGAZX % Rank
Net Income Ratio 2.04% 0.34% 3.03% 54.38%

Capital Gain Distribution Analysis

MGAZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

MGAZX - Fund Manager Analysis

Managers

Robert W. Aufdenspring


Start Date

Tenure

Tenure Rank

Sep 20, 2018

1.11

1.1%

Aufdenspring, CFA, portfolio Manager of Smith Breeden. He joined APIAM in 1999 as a Research Analyst focusing on securitized assets, including RMBS and CMBS, as well as financial TVE (time-varying elasticity) and OAS (option-adjusted spread) models. Mr. Aufdenspring holds a MS in Computational Finance from Carnegie Mellon University and a BS in Applied Physics from the Georgia Institute of Technology. He is also a CFA charterholder.

Stephen C. Bernhardt


Start Date

Tenure

Tenure Rank

Sep 20, 2018

1.11

1.1%

Mr. Bernhardt currently serves as Vice President and Portfolio Manager at APIAM and has served in these roles since joining APIAM in 2003. He has been involved in securitized credit investing for over 30 years. Mr. Bernhardt holds a BA from Brown University.

Douglas T. Breeden


Start Date

Tenure

Tenure Rank

Sep 20, 2018

1.11

1.1%

Breeden is a co-founder of Smith Breeden Associates, which was founded in 1982. He has served on business school faculties at Duke University, Stanford, Univ. of Chicago, and as a visiting professor at Yale University as well as at the Mass. Institute of Technology. He is the editor of The Journal of Fixed Income. Breeden was also elected to the Board of Directors of the American Finance Association. Currently he is serving as a chairman of the Harrington Financial Group.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.19 29.22 7.99 4.93