SKSEX: AMG Managers Skyline Special Equities N

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SKSEX AMG Managers Skyline Special Equities N


Profile

SKSEX - Profile

Vitals

  • YTD Return -1.9%
  • 3 Yr Annualized Return -6.0%
  • 5 Yr Annualized Return -1.9%
  • Net Assets $463 M
  • Holdings in Top 10 22.9%

52 WEEK LOW AND HIGH

$36.45
$33.07
$39.65

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.18%

SALES FEES

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

BROKERAGE FEES

  • Turnover 24.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $2,000
  • IRA $1,000

Fund Classification


Distributions

  • YTD Total Return -1.9%
  • 3 Yr Annualized Total Return -6.0%
  • 5 Yr Annualized Total Return -1.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.03%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    AMG Managers Skyline Special Equities Fund
  • Fund Family Name
    AMG Funds
  • Inception Date
    Apr 23, 1987
  • Shares Outstanding
    N/A
  • Share Class
    N
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    William Fiedler

Fund Description

Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities. It invests primarily in the common and preferred stocks of small-capitalization U.S. companies. Skyline generally considers a company to be a "small-capitalization" company if its market capitalization falls within the range of the market capitalization of companies in Russell 2000® Index at the time of purchase.


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Categories

Performance

SKSEX - Performance

Return Ranking - Trailing

Period SKSEX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.9% -7.9% 5.2% 89.59%
1 Yr -1.2% -94.4% 32.4% 80.61%
3 Yr -6.0%* -64.7% 11.1% 76.00%
5 Yr -1.9%* -44.4% 9.7% 63.58%
10 Yr 7.4%* -16.2% 17.8% 20.33%

* Annualized

Return Ranking - Calendar

Period SKSEX Return Category Return Low Category Return High Rank in Category (%)
2019 20.1% -94.0% 48.3% 47.53%
2018 -29.6% -67.3% 0.1% 86.25%
2017 1.6% -36.3% 36.3% 65.22%
2016 21.3% -36.7% 34.1% 20.22%
2015 -10.5% -48.0% 3.1% 53.24%

Total Return Ranking - Trailing

Period SKSEX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.9% -7.9% 5.2% 89.59%
1 Yr -1.2% -94.4% 32.4% 80.61%
3 Yr -6.0%* -64.1% 15.4% 88.16%
5 Yr -1.9%* -42.7% 10.5% 82.92%
10 Yr 7.4%* -13.2% 20.3% 59.00%

* Annualized

Total Return Ranking - Calendar

Period SKSEX Return Category Return Low Category Return High Rank in Category (%)
2019 20.1% -94.0% 48.3% 47.53%
2018 -29.6% -67.1% 0.1% 91.33%
2017 1.6% -26.8% 52.6% 88.24%
2016 21.3% -24.6% 34.1% 33.95%
2015 -10.5% -48.0% 5.3% 77.87%

NAV & Total Return History


Holdings

SKSEX - Holdings

Concentration Analysis

SKSEX Category Low Category High SKSEX % Rank
Net Assets 463 M 937 K 96.8 B 48.72%
Number of Holdings 57 1 2482 88.49%
Net Assets in Top 10 106 M 82.9 K 3.47 B 35.23%
Weighting of Top 10 22.87% 2.7% 100.0% 24.68%

Top 10 Holdings

  1. Dine Brands Global Inc 2.73%
  2. Aaron's Inc 2.47%
  3. BMC Stock Holdings Inc 2.46%
  4. Sanmina Corp 2.23%
  5. Essent Group Ltd 2.22%
  6. Gibraltar Industries Inc 2.20%
  7. Knowles Corp 2.18%
  8. First Busey Corp Class A 2.14%
  9. Perficient Inc 2.14%
  10. Winnebago Industries Inc 2.10%

Asset Allocation

Weighting Return Low Return High SKSEX % Rank
Stocks
96.53% 86.64% 103.54% 75.57%
Cash
3.47% -89.32% 13.75% 23.86%
Preferred Stocks
0.00% 0.00% 1.03% 67.61%
Other
0.00% -9.98% 23.33% 67.19%
Convertible Bonds
0.00% 0.00% 2.54% 67.05%
Bonds
0.00% 0.00% 63.84% 67.90%

Stock Sector Breakdown

Weighting Return Low Return High SKSEX % Rank
Industrials
31.54% 6.72% 50.07% 3.87%
Financial Services
24.97% 0.00% 44.90% 13.18%
Technology
15.72% 0.00% 45.53% 27.36%
Consumer Cyclical
12.65% 0.00% 37.33% 25.79%
Basic Materials
8.78% 0.00% 20.42% 3.30%
Healthcare
4.90% 0.00% 34.18% 85.24%
Communication Services
1.44% 0.00% 19.14% 74.50%
Utilities
0.00% 0.00% 23.96% 95.13%
Real Estate
0.00% 0.00% 21.15% 99.14%
Energy
0.00% -0.10% 26.16% 98.71%
Consumer Defense
0.00% 0.00% 15.01% 98.28%

Stock Geographic Breakdown

Weighting Return Low Return High SKSEX % Rank
US
93.24% 81.88% 100.46% 77.98%
Non US
3.29% 0.00% 16.73% 22.02%

Expenses

SKSEX - Expenses

Operational Fees

SKSEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.18% 0.01% 15.17% 50.36%
Management Fee 0.73% 0.00% 1.50% 39.60%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.47% 70.61%

Sales Fees

SKSEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SKSEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 52.44%

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.

SKSEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.00% 0.02% 436.00% 22.43%

Distributions

SKSEX - Distributions

Dividend Yield Analysis

SKSEX Category Low Category High SKSEX % Rank
Dividend Yield 0.00% 0.00% 7.31% 69.18%

Dividend Distribution Analysis

SKSEX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

SKSEX Category Low Category High SKSEX % Rank
Net Income Ratio -0.03% -4.91% 2.35% 74.28%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

SKSEX - Fund Manager Analysis

Managers

William Fiedler


Start Date

Tenure

Tenure Rank

Mar 31, 2001

18.85

18.9%

Mr. Fiedler is currently responsible for business services, consumer discretionary, consumer staples, and health care. He has been a limited partner of Skyline since 1999 and currently serves as a member of the executive committee. Mr. Fiedler has been a portfolio manager since the implementation of Skyline’s team managed approach in March 2001 and was a securities analyst from Skyline’s founding in September 1995 until March 2001. Prior to the establishment of Skyline, Mr. Fiedler was employed as a securities analyst at Mesirow Financial.

Michael Maloney


Start Date

Tenure

Tenure Rank

Mar 31, 2001

18.85

18.9%

Michael Maloney is currently responsible for financial services, materials and processing, REITs, and utilities. He has been a limited partner of Skyline since 1995 and has served on the executive committee since 2005. Mr. Maloney has been a portfolio manager since the implementation of Skyline’s team managed approach in March 2001 and was a securities analyst from Skyline’s founding in September 1995 until March 2001. Prior to the establishment of Skyline, Mr. Maloney was employed at Mesirow Financial as a securities analyst and was previously a vice president and investment analyst at Baker, Fentress and Co. Mr. Maloney holds a B.A. in Economics from DePaul University and an M.B.A. with a concentration in Finance from the University of Wisconsin-Madison.

Mark Odegard


Start Date

Tenure

Tenure Rank

Mar 31, 2001

18.85

18.9%

Mark Odegard is currently responsible for autos and transportation, energy, producer durables, and technology. He has been a limited partner of Skyline since 1999 and currently serves on the executive committee. Mr. Odegard has been a portfolio manager since the implementation of Skyline’s team managed approach in March 2001 and was a securities analyst from October 1995 until March 2001. Mr. Odegard was previously employed by First Chicago Investment Management as an equity research analyst. He was also previously employed as a business analyst by Scott Foresman & Company and as a senior financial analyst at Arthur Andersen. Mr. Odegard holds a B.S. in Accounting and a M.B.A. with a concentration in Finance from DePaul University. He is a Certified Public Accountant and a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 47.28 6.57 0.25