AMG Yacktman Fund Class I

Frequently Asked Questions About YACKX

What does YACKX invest in?

The AMG Yacktman Fund Class I primarily focuses its investments on the equity securities of US-based companies. However, it also has the flexibility to allocate capital to international stocks, including those from developing (emerging) economies, and various fixed-income instruments. A maximum of 30% of the fund's total assets can be dedicated to foreign equity investments. The types of equity holdings it may acquire range from ordinary shares (common stocks), preferred shares, and convertible preferred shares to American Depositary Receipts (ADRs). Additionally, up to one-fifth (20%) of its assets can be directed towards debt instruments. This category may include higher-risk, high-yield bonds (commonly known as 'junk bonds'), with the understanding that the total investment in all debt securities must not exceed this 20% cap.

What is the expense ratio of YACKX?

AMG Yacktman Fund Class I (YACKX) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations.

What is YACKX's dividend yield?

YACKX's trailing-twelve-month yield is 14.74%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of YACKX?

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

What is the credit quality of YACKX?

YACKX'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 YACKX?

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