AMG GW&K ESG Bond Fund - Class I

Frequently Asked Questions About MGBIX

What does MGBIX invest in?

Generally, the fund commits a minimum of 80% of its total investment capital (encompassing net assets and any funds borrowed for investment) to fixed-income securities. For the purpose of this fund, fixed-income securities are broadly defined as any debt instruments. A portion of the portfolio, up to 30%, may be allocated to sub-investment grade debt, commonly known as 'junk bonds' or 'high-yield securities.' Additionally, the fund maintains flexibility to invest up to 10% of its assets in non-U.S. dollar-denominated instruments, including both government (sovereign) and corporate bonds.

What is the expense ratio of MGBIX?

AMG GW&K ESG Bond Fund - Class I (MGBIX) charges an expense ratio of 0.48%. This is the annual fee deducted from fund assets to cover management and operations.

What is MGBIX's dividend yield?

MGBIX's trailing-twelve-month yield is 4.51%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MGBIX?

Effective duration measures MGBIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MGBIX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of MGBIX?

MGBIX'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 MGBIX?

Yield to maturity (YTM) is the total return you'd earn from MGBIX if every bond in the portfolio is held to maturity at the current price. MGBIX'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.