Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
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
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 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
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%
- Dividend Yield 0.4%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAMG Renaissance Large Cap Growth Fund
-
Fund Family NameAMGFUNDSGR
-
Inception DateJun 03, 2009
-
Shares OutstandingN/A
-
Share ClassZ
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Schroer
Fund Description
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
- Apple Inc 3.25%
- MICROSOFT CORP 2.93%
- Amazon.com Inc 2.49%
- ALPHABET INC-CL A 2.38%
- Meta Platforms Inc 2.05%
- Lam Research Corp 1.97%
- Netflix Inc 1.96%
- PTC Inc 1.94%
- Amphenol Corp 1.93%
- 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
Date | Amount | Type |
---|---|---|
Dec 14, 2023 | $1.282 | OrdinaryDividend |
Dec 15, 2022 | $1.055 | OrdinaryDividend |
Dec 16, 2019 | $1.185 | OrdinaryDividend |
Dec 27, 2018 | $0.142 | OrdinaryDividend |
Dec 27, 2017 | $0.091 | OrdinaryDividend |
Dec 28, 2016 | $0.099 | OrdinaryDividend |
Dec 29, 2015 | $0.034 | OrdinaryDividend |
Dec 29, 2014 | $0.068 | OrdinaryDividend |
Dec 27, 2013 | $0.130 | OrdinaryDividend |
Dec 27, 2012 | $0.076 | OrdinaryDividend |
Dec 29, 2009 | $0.030 | OrdinaryDividend |
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 |