# AMG TimesSquare Mid Cap Growth Fund (TMDIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tmdix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: AMG · Asset class: Equity - Strategy: Actively Managed · Inception: 2005-03-04 This fund primarily focuses its investments on common and preferred shares of U.S. mid-capitalization companies, committing at least 80% of its net assets—along with any funds borrowed for investment purposes—to this strategy. The fund's subadviser defines these "mid-capitalization" firms as those whose market value, at the point of acquisition, falls within the size parameters of companies included in the Russell Midcap® Growth Index. ## Key Facts | Metric | Value | |---|---| | Price | $17.08 | | Expense Ratio | 0.86% | | AUM (All Share Classes) | $1.59B | | NAV | $17.08 | | Holdings Count | — | | Distribution Yield (TTM) | 10.86% | | Annual Distribution (TTM) | $1.86 /share | | Distribution Frequency | Annual | | 52-Week Range | $14.94 – $19.69 | | Beta | 0.95 | ## Latest Distribution - Amount: $1.8555 /share - Ex-date: 2025-12-16 - Pay date: 2025-12-16 ## Frequently Asked Questions ### What does TMDIX invest in? This fund primarily focuses its investments on common and preferred shares of U.S. mid-capitalization companies, committing at least 80% of its net assets—along with any funds borrowed for investment purposes—to this strategy. The fund's subadviser defines these "mid-capitalization" firms as those whose market value, at the point of acquisition, falls within the size parameters of companies included in the Russell Midcap® Growth Index. ### What is the expense ratio of TMDIX? AMG TimesSquare Mid Cap Growth Fund (TMDIX) charges an expense ratio of 0.86%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is TMDIX? AMG TimesSquare Mid Cap Growth Fund (TMDIX) is one share class of a fund that manages $1.59B across all of its share classes (TMDPX, TQMIX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is TMDIX actively managed or an index fund? TMDIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TMDIX's is 0.86%) in exchange for the discretion to over- or under-weight positions. ### When was TMDIX launched? AMG TimesSquare Mid Cap Growth Fund (TMDIX) launched in March 2005 and is managed by AMG. ### How has TMDIX performed? TMDIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does TMDIX pay a dividend? AMG TimesSquare Mid Cap Growth Fund (TMDIX) currently distributes little or no income. Trailing-twelve-month yield is 10.86%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TMDIX pay dividends? AMG TimesSquare Mid Cap Growth Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is TMDIX's dividend yield? TMDIX's trailing-twelve-month yield is 10.86%, calculated from the sum of dividends over the past year divided by the current price. ### When is TMDIX's next ex-dividend date? The most recently announced ex-dividend date for TMDIX was 2025-12-16. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will TMDIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.86% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does TMDIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TMDIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does TMDIX cost more than a fund like VOO? TMDIX is actively managed (current expense ratio 0.86%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether TMDIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TMDIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TMDIX (0.86%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/tmdix - Distribution history: https://www.dividenddata.com/funds/tmdix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tmdix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tmdix/expenses - Peer comparison: https://www.dividenddata.com/funds/tmdix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.