AMG Yacktman Focused I

Frequently Asked Questions About YAFIX

What does YAFIX invest in?

The fund principally directs its investments towards equity holdings, both within the United States and abroad. Its international stock exposure can include securities from developing economies. Additionally, the fund is permitted to allocate capital to various debt instruments. These fixed-income investments may consist of U.S. government Treasury notes and bonds, corporate debt with investment-grade ratings, convertible debt securities, and higher-yielding, lower-rated "junk" bonds. This fund is classified as non-diversified.

What is the expense ratio of YAFIX?

AMG Yacktman Focused I (YAFIX) charges an expense ratio of 1.06%. This is the annual fee deducted from fund assets to cover management and operations.

What is YAFIX's dividend yield?

YAFIX's trailing-twelve-month yield is 14.84%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of YAFIX?

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

What is the credit quality of YAFIX?

YAFIX'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 YAFIX?

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