- What does MGFIX invest in?
- Under typical market conditions, this fund primarily allocates its capital – at least 80% of its total net assets, including any borrowed funds for investment purposes – to various types of fixed-income securities. The term "bond" broadly encompasses any debt or income-generating instruments. The portfolio maintains the flexibility to invest up to 30% in higher-risk debt, known in the market as "junk bonds" or "high-yield securities" due to their sub-investment grade rating. Furthermore, a small portion, specifically up to 10% of its assets, may be directed towards instruments not denominated in U.S. dollars, such as international government and corporate bonds.
- What is the expense ratio of MGFIX?
- AMG GW&K ESG Bond Fund (MGFIX) charges an expense ratio of 0.68%. This is the annual fee deducted from fund assets to cover management and operations.
- What is MGFIX's dividend yield?
- MGFIX's trailing-twelve-month yield is 4.17%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of MGFIX?
- Effective duration measures MGFIX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MGFIX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of MGFIX?
- MGFIX'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 MGFIX?
- Yield to maturity (YTM) is the total return you'd earn from MGFIX if every bond in the portfolio is held to maturity at the current price. MGFIX'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.
