- What does GWMTX invest in?
- This fund primarily invests in municipal bonds that are exempt from federal income tax, dedicating at least 80% of its net assets, plus any leveraged funds, to these securities. While the portfolio allows for flexibility in the maturity of individual bond holdings, it aims to keep its overall dollar-weighted average maturity within a 6 to 12-year range.
- What is the expense ratio of GWMTX?
- AMG GW&K Municipal Bond Fund - Class N (GWMTX) charges an expense ratio of 0.73%. This is the annual fee deducted from fund assets to cover management and operations.
- What is GWMTX's dividend yield?
- GWMTX's trailing-twelve-month yield is 2.75%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of GWMTX?
- Effective duration measures GWMTX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. GWMTX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of GWMTX?
- GWMTX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of GWMTX?
- Yield to maturity (YTM) is the total return you'd earn from GWMTX if every bond in the portfolio is held to maturity at the current price. GWMTX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
