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Trending ETFs

Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$18.24

$136 M

0.35%

$0.06

0.81%

Vitals

YTD Return

10.5%

1 yr return

34.2%

3 Yr Avg Return

12.9%

5 Yr Avg Return

17.2%

Net Assets

$136 M

Holdings in Top 10

22.8%

52 WEEK LOW AND HIGH

$18.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.81%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 18.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$5,000,000

IRA

$50,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$18.24

$136 M

0.35%

$0.06

0.81%

MRLIX - Profile

Distributions

  • YTD Total Return 10.5%
  • 3 Yr Annualized Total Return 12.9%
  • 5 Yr Annualized Total Return 17.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.34%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    AMG Renaissance Large Cap Growth Fund
  • Fund Family Name
    AMGFUNDSGR
  • Inception Date
    Jun 03, 2009
  • Shares Outstanding
    N/A
  • Share Class
    Z
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Schroer

Fund Description

Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of large-capitalization companies. The Renaissance Group LLC (“Renaissance” or the “Subadviser”), the subadviser to the Fund, considers the term “large-capitalization” companies to generally refer to companies that, at the time of purchase, have a minimum market capitalization of approximately $3 billion. The Fund may continue to hold securities of a portfolio company that subsequently drops below this capitalization threshold. Because of this, the Fund may have less than 80% of its net assets in securities of large-capitalization companies at any given time.
The Fund invests primarily in common stocks of U.S. large-capitalization companies. Renaissance uses a quantitative and qualitative investment process to create and manage a diversified growth-oriented equity portfolio. Typically, Renaissance seeks to invest in high-quality growth companies that are experiencing positive changes in earnings expectations and whose securities appear to trade at reasonable valuations. 
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MRLIX - Performance

Return Ranking - Trailing

Period MRLIX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.5% -9.6% 28.7% 65.24%
1 Yr 34.2% -11.6% 75.4% 81.15%
3 Yr 12.9%* -26.6% 33.9% 4.39%
5 Yr 17.2%* -14.4% 30.8% 17.73%
10 Yr 13.8%* -5.3% 19.1% 38.98%

* Annualized

Return Ranking - Calendar

Period MRLIX Return Category Return Low Category Return High Rank in Category (%)
2023 16.4% -74.1% 72.4% 91.07%
2022 -22.6% -85.9% 4.7% 8.30%
2021 20.3% -52.4% 60.5% 14.32%
2020 17.6% -34.3% 145.0% 77.01%
2019 24.1% -21.8% 49.4% 55.48%

Total Return Ranking - Trailing

Period MRLIX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.5% -9.6% 28.7% 65.24%
1 Yr 34.2% -11.6% 75.4% 81.15%
3 Yr 12.9%* -26.6% 33.9% 4.39%
5 Yr 17.2%* -14.4% 30.8% 17.73%
10 Yr 13.8%* -5.3% 19.1% 38.98%

* Annualized

Total Return Ranking - Calendar

Period MRLIX Return Category Return Low Category Return High Rank in Category (%)
2023 25.5% -4.6% 72.4% 85.22%
2022 -16.8% -61.7% 5.6% 3.58%
2021 30.5% -39.8% 118.1% 5.13%
2020 23.9% 2.8% 149.2% 84.98%
2019 35.6% -5.2% 49.4% 28.56%

NAV & Total Return History


MRLIX - Holdings

Concentration Analysis

MRLIX Category Low Category High MRLIX % Rank
Net Assets 136 M 242 K 222 B 84.45%
Number of Holdings 57 1 3217 54.81%
Net Assets in Top 10 30.7 M 104 K 111 B 90.98%
Weighting of Top 10 22.84% 0.7% 205.0% 98.82%

Top 10 Holdings

  1. Apple Inc 3.25%
  2. MICROSOFT CORP 2.93%
  3. Amazon.com Inc 2.49%
  4. ALPHABET INC-CL A 2.38%
  5. Meta Platforms Inc 2.05%
  6. Lam Research Corp 1.97%
  7. Netflix Inc 1.96%
  8. PTC Inc 1.94%
  9. Amphenol Corp 1.93%
  10. Salesforce Inc 1.93%

Asset Allocation

Weighting Return Low Return High MRLIX % Rank
Stocks
98.46% 0.00% 130.05% 57.42%
Cash
1.58% -1.50% 173.52% 42.50%
Preferred Stocks
0.00% 0.00% 7.84% 32.88%
Other
0.00% -43.49% 59.52% 37.44%
Convertible Bonds
0.00% 0.00% 1.94% 22.30%
Bonds
0.00% 0.00% 104.15% 25.80%

Stock Sector Breakdown

Weighting Return Low Return High MRLIX % Rank
Technology
30.93% 0.00% 65.70% 67.82%
Healthcare
19.14% 0.00% 39.76% 10.98%
Industrials
14.31% 0.00% 30.65% 4.73%
Consumer Cyclical
10.02% 0.00% 62.57% 86.15%
Financial Services
8.99% 0.00% 43.06% 51.01%
Communication Services
5.59% 0.00% 66.40% 85.22%
Consumer Defense
5.29% 0.00% 25.50% 25.34%
Energy
2.38% 0.00% 41.09% 24.32%
Basic Materials
1.77% 0.00% 18.91% 37.42%
Real Estate
1.59% 0.00% 16.05% 38.60%
Utilities
0.00% 0.00% 16.07% 44.17%

Stock Geographic Breakdown

Weighting Return Low Return High MRLIX % Rank
US
98.46% 0.00% 130.05% 43.25%
Non US
0.00% 0.00% 78.10% 46.96%

MRLIX - Expenses

Operational Fees

MRLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.81% 0.01% 19.54% 63.48%
Management Fee 0.51% 0.00% 1.50% 30.06%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 1.02% 69.62%

Sales Fees

MRLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MRLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

MRLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 18.00% 0.00% 316.74% 21.09%

MRLIX - Distributions

Dividend Yield Analysis

MRLIX Category Low Category High MRLIX % Rank
Dividend Yield 0.35% 0.00% 28.41% 5.49%

Dividend Distribution Analysis

MRLIX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually SemiAnnual Annual

Net Income Ratio Analysis

MRLIX Category Low Category High MRLIX % Rank
Net Income Ratio 0.34% -6.13% 3.48% 10.61%

Capital Gain Distribution Analysis

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

Distributions History

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MRLIX - Fund Manager Analysis

Managers

Michael Schroer


Start Date

Tenure

Tenure Rank

Jun 03, 2009

13.0

13.0%

Mr. Schroer is a Managing Partner and Chief Investment Officer of Renaissance, positions he has held since 1995 and 1990, respectively, has been employed by Renaissance since 1984, and has more than 35 years of investment management experience. Mr. Schroer supervises the management and direction of Renaissance’s investment research efforts and determines overall portfolio strategy. He is the Lead Portfolio Manager for the large-cap growth strategy at Renaissance. Prior to Renaissance, he served as a portfolio manager with First of America Bank. He was awarded a Chartered Financial Analyst designation in 1985. Education: B.A., University of Cincinnati; and M.B.A., Indiana University Graduate School of Business.

Andy Eng


Start Date

Tenure

Tenure Rank

Jan 15, 2020

2.38

2.4%

CFA, Senior Research Analyst, began managing a portion of the Fund in October 2016, when he joined the large-cap growth team of Renaissance. His has over 23 years of investment experience, the past 19 years as a portfolio manager with Northwestern Mutual Investment Management Company. Education: B.S., University of Illinois; and M.B.A., Washington University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.21 3.08