Class N:
MBEAX |
Class I:
MBESX |
Class Z:
MBEYX |
Class N:
MFDAX |
Class I:
MFDSX |
Class Z:
MFDYX |
|
Class
N |
Class
I |
Class
Z |
Management
Fee |
|
|
|
Distribution
and Service (12b-1)
Fees |
|
|
|
Other
Expenses |
|
|
|
Total
Annual Fund Operating
Expenses |
|
|
|
Fee
Waiver and Expense Reimbursements1 |
( |
( |
( |
Total
Annual Fund Operating
Expenses
After Fee Waiver and Expense
Reimbursements1 |
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
N |
$ |
$ |
$ |
$ |
Class
I |
$ |
$ |
$ |
$ |
Class
Z |
$ |
$ |
$ |
$ |
Average
Annual Total Returns as of
12/31/22 | |||
AMG
GW&K Global Allocation Fund |
1
Year |
5
Years |
10
Years |
Class
N
Return
Before Taxes |
- |
|
|
Class
N
Return
After Taxes on Distributions |
- |
|
|
Class
N
Return
After Taxes on Distributions and
Sale
of Fund Shares |
- |
|
|
Class
I
Return
Before Taxes |
- |
|
|
Class
Z
Return
Before Taxes |
- |
|
|
60%
MSCI ACWI Index/40% Bloomberg Global
Aggregate Bond Index
(reflects
no deduction for fees, expenses,
or
taxes) |
- |
|
|
MSCI
ACWI Index
(reflects
no deduction for fees, expenses,
or
taxes) |
- |
|
|
Bloomberg
Global Aggregate Bond Index
(reflects
no deduction for fees, expenses,
or
taxes) |
- |
- |
- |
|
Class
N |
Class
I |
Class
Z | |
Management
Fee |
|
|
| |
Distribution
and Service
(12b-1)
Fees |
|
|
| |
Other
Expenses |
|
|
| |
Total
Annual Fund Operating
Expenses |
|
|
| |
Fee
Waiver and Expense Reimbursements1 |
( |
( |
( | |
Total
Annual Fund Operating
Expenses
After Fee Waiver and
Expense Reimbursements1
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
N |
$ |
$ |
$ |
$ |
Class
I |
$ |
$ |
$ |
$ |
Class
Z |
$ |
$ |
$ |
$ |
Average
Annual Total Returns as of
12/31/22 | |||
AMG
GW&K Enhanced Core Bond ESG
Fund |
1
Year |
5
Years |
10
Years |
Class
N
Return
Before Taxes |
- |
|
|
Class
N
Return
After Taxes on Distributions |
- |
- |
- |
Class
N
Return
After Taxes on Distributions and
Sale
of Fund Shares |
- |
- |
|
Class
I
Return
Before Taxes |
- |
|
|
Class
Z
Return
Before Taxes |
- |
|
|
Bloomberg
US Aggregate Bond Index
(reflects
no deduction for fees, expenses,
or
taxes) |
- |
|
|
|
If
you wish to open an account
and
buy shares*... |
If
you wish to add shares to your
account*... |
If
you wish to sell shares* †... |
Through
your registered
investment
professional: |
Contact
your investment advisor or
other
investment professional |
Send
any additional monies to your
investment
professional to the
address
on your account statement |
Contact
your investment advisor or
other
investment professional |
On
your own:
By
mail |
Complete
the account application,
then
mail the application and a
check
payable to AMG Funds to: AMG
Funds
c/o
BNY Mellon Investment Servicing
(US)
Inc.
PO
Box 534426
Pittsburgh,
PA 15253-4426 |
Send
a letter of instruction and a
check
payable to AMG Funds to: AMG
Funds
c/o
BNY Mellon Investment Servicing
(US)
Inc.
PO
Box 534426
Pittsburgh,
PA 15253-4426 (Include
your account number and
Fund
name on your check) |
Write
a letter of instruction containing: • Name
of the Fund • Dollar
amount or number of
shares
you wish to sell • Your
name • Your
account number • Signatures
of all account owners Mail
your letter to:
AMG
Funds
c/o
BNY Mellon Investment
Servicing
(US) Inc.
PO
Box 534426
Pittsburgh,
PA 15253-4426 |
By
telephone |
Not
available |
If
your account has already been
established,
call the transfer agent at
800.548.4539 |
If
you elected telephone redemption
privileges
on your account application,
call
us at 800.548.4539 (Telephone
redemptions
are available only for
redemptions
of less than $100,000 for
Class
N and Class I shares and less
than
$250,000 for Class Z shares) |
Over
the Internet |
Not
available |
If
your account has already been
established
and ACH banking
instructions
are on file, go to our
website
at
www.amgfunds.com |
Go
to our website at
www.amgfunds.com
(Internet
redemptions
are available only for
redemptions
of less than $100,000 for
Class
N and Class I shares and less
than
$250,000 for Class Z shares) |
By
bank wire |
Call
us at 800.548.4539 for
instructions |
Call
us at 800.548.4539 for
instructions |
Available
if bank wire instructions are
on
file for your account |
Share
Class |
Initial
Investment |
Additional
Investments |
Class
N: |
|
|
• Regular
Accounts |
$2,000 |
$100 |
• Individual
Retirement Accounts |
$1,000 |
$100 |
Class
I: |
|
|
• Regular
Accounts |
$100,000 |
$100 |
• Individual
Retirement Accounts |
$25,000 |
$100 |
Class
Z: |
|
|
• Regular
Accounts |
$5,000,000 |
$1,000 |
• Individual
Retirement Accounts (Direct Accounts Only) |
$50,000 |
$1,000 |
|
For
the fiscal years ended December 31, | ||||
Class
N |
2022 |
2021 |
2020 |
2019 |
2018 |
Net
Asset Value, Beginning of Year |
$19.50 |
$19.50 |
$17.04 |
$15.45 |
$17.03 |
Income
(loss) from Investment Operations: |
|
|
|
|
|
Net
investment income (loss)1,2 |
0.06 |
(0.04) |
0.10 |
0.25 |
0.18 |
Net
realized and unrealized gain (loss) on investments |
(3.94) |
0.51 |
2.93 |
2.35 |
(0.67) |
Total
income (loss) from investment operations |
(3.88) |
0.47 |
3.03 |
2.60 |
(0.49) |
Less
Distributions to Shareholders from: |
|
|
|
|
|
Net
investment income |
(0.02) |
(0.00)3 |
(0.09) |
(0.27) |
(0.16) |
Net
realized gain on investments |
(1.67) |
(0.47) |
(0.48) |
(0.74) |
(0.93) |
Paid
in capital |
— |
— |
(0.00)3 |
— |
— |
Total
distributions to shareholders |
(1.69) |
(0.47) |
(0.57) |
(1.01) |
(1.09) |
Net
Asset Value, End of Year |
$13.93 |
$19.50 |
$19.50 |
$17.04 |
$15.45 |
Total
Return2,4 |
(20.04)% |
2.44% |
18.92% |
16.96% |
(2.89)% |
Ratio
of net expenses to average net assets |
1.07%5 |
1.06% |
1.07%6 |
1.08%6 |
1.08%6 |
Ratio
of gross expenses to average net assets7 |
1.23%5 |
1.10% |
1.19% |
1.16% |
1.15% |
Ratio
of net investment income (loss) to average net assets2 |
0.38% |
(0.21)% |
0.60% |
1.51% |
1.02% |
Portfolio
turnover |
36% |
36% |
156% |
123% |
80% |
Net
assets end of Year (000's) omitted |
$23,430 |
$41,939 |
$51,415 |
$69,774 |
$75,271 |
|
For
the fiscal years ended December 31, | ||||
Class
I |
2022 |
2021 |
2020 |
2019 |
2018 |
Net
Asset Value, Beginning of Year |
$19.75 |
$19.71 |
$17.22 |
$15.60 |
$17.19 |
Income
(loss) from Investment Operations: |
|
|
|
|
|
Net
investment income (loss)1,2 |
0.09 |
(0.01) |
0.13 |
0.28 |
0.21 |
Net
realized and unrealized gain (loss) on investments |
(4.00) |
0.53 |
2.95 |
2.38 |
(0.68) |
Total
income (loss) from investment operations |
(3.91) |
0.52 |
3.08 |
2.66 |
(0.47) |
Less
Distributions to Shareholders from: |
|
|
|
|
|
Net
investment income |
(0.03) |
(0.01) |
(0.11) |
(0.30) |
(0.19) |
Net
realized gain on investments |
(1.67) |
(0.47) |
(0.48) |
(0.74) |
(0.93) |
Paid
in capital |
— |
— |
(0.00)3 |
— |
— |
Total
distributions to shareholders |
(1.70) |
(0.48) |
(0.59) |
(1.04) |
(1.12) |
Net
Asset Value, End of Year |
$14.14 |
$19.75 |
$19.71 |
$17.22 |
$15.60 |
Total
Return2,4 |
(19.91)% |
2.60% |
19.08% |
17.17% |
(2.77)% |
Ratio
of net expenses to average net assets |
0.91%5 |
0.91% |
0.92%6 |
0.93%6 |
0.92%6 |
Ratio
of gross expenses to average net assets7 |
1.07%5 |
0.95% |
1.04% |
1.01% |
0.99% |
Ratio
of net investment income (loss) to average net assets2 |
0.54% |
(0.06)% |
0.75% |
1.66% |
1.18% |
Portfolio
turnover |
36% |
36% |
156% |
123% |
80% |
Net
assets end of Year (000's) omitted |
$16,074 |
$81,515 |
$97,869 |
$173,575 |
$166,554 |
|
For
the fiscal years ended December 31, | ||||
Class
Z |
2022 |
2021 |
2020 |
2019 |
2018 |
Net
Asset Value, Beginning of Year |
$19.76 |
$19.71 |
$17.21 |
$15.60 |
$17.19 |
Income
(loss) from Investment Operations: |
|
|
|
|
|
Net
investment income1,2 |
0.10 |
0.01 |
0.14 |
0.30 |
0.22 |
Net
realized and unrealized gain (loss) on investments |
(3.99) |
0.52 |
2.97 |
2.37 |
(0.67) |
Total
income (loss) from investment operations |
(3.89) |
0.53 |
3.11 |
2.67 |
(0.45) |
Less
Distributions to Shareholders from: |
|
|
|
|
|
Net
investment income |
(0.07) |
(0.01) |
(0.13) |
(0.32) |
(0.21) |
Net
realized gain on investments |
(1.67) |
(0.47) |
(0.48) |
(0.74) |
(0.93) |
Paid
in capital |
— |
— |
(0.00)3 |
— |
— |
Total
distributions to shareholders |
(1.74) |
(0.48) |
(0.61) |
(1.06) |
(1.14) |
Net
Asset Value, End of Year |
$14.13 |
$19.76 |
$19.71 |
$17.21 |
$15.60 |
Total
Return2,4 |
(19.85)% |
2.73% |
19.28% |
17.21% |
(2.68)% |
Ratio
of net expenses to average net assets |
0.82%5 |
0.81% |
0.82%6 |
0.83%6 |
0.83%6 |
Ratio
of gross expenses to average net assets7 |
0.98%5 |
0.85% |
0.94% |
0.91% |
0.90% |
Ratio
of net investment income to average net assets2 |
0.63% |
0.04% |
0.85% |
1.76% |
1.27% |
Portfolio
turnover |
36% |
36% |
156% |
123% |
80% |
Net
assets end of Year (000's) omitted |
$1,545 |
$3,118 |
$3,733 |
$8,358 |
$8,429 |
1 |
Per
share numbers have been calculated using average
shares. |
2 |
Total
returns and net investment income (loss) would have been lower had certain
expenses not been offset. |
3 |
Less
than $(0.005) per share. |
4 |
The
total return is calculated using the published Net Asset Value as of
fiscal year end. |
5 |
Includes
interest expense totaling 0.01% related to participation in the interfund
lending program. |
6 |
Includes
reduction from broker recapture amounting to less than 0.01% for the
fiscal year ended December 31, 2020, 0.01% for the fiscal years
ended
December 31, 2019 and 2018. |
7 |
Excludes
the impact of expense reimbursement or fee waivers and expense
reductions such as brokerage credits, but includes expense repayments
and
non-reimbursable expenses, if any, such as interest, taxes, and
extraordinary expenses. |
|
For
the fiscal years ended December 31, | ||||
Class
N |
2022 |
2021 |
2020 |
2019 |
2018 |
Net
Asset Value, Beginning of Year |
$10.61 |
$10.90 |
$10.15 |
$9.43 |
$9.81 |
Income
(loss) from Investment Operations: |
|
|
|
|
|
Net
investment income1,2 |
0.19 |
0.14 |
0.20 |
0.24 |
0.23 |
Net
realized and unrealized gain (loss) on investments |
(1.69) |
(0.28) |
0.75 |
0.73 |
(0.38) |
Total
income (loss) from investment operations |
(1.50) |
(0.14) |
0.95 |
0.97 |
(0.15) |
Less
Distributions to Shareholders from: |
|
|
|
|
|
Net
investment income |
(0.19) |
(0.14) |
(0.20) |
(0.25) |
(0.23) |
Paid
in capital |
— |
(0.01) |
— |
— |
— |
Total
distributions to shareholders |
(0.19) |
(0.15) |
(0.20) |
(0.25) |
(0.23) |
Net
Asset Value, End of Year |
$8.92 |
$10.61 |
$10.90 |
$10.15 |
$9.43 |
Total
Return2,3 |
(14.17)% |
(1.26)% |
9.41% |
10.35% |
(1.48)% |
Ratio
of net expenses to average net assets |
0.73% |
0.73% |
0.73% |
0.73% |
0.73% |
Ratio
of gross expenses to average net assets4 |
1.00% |
0.93% |
1.06% |
1.16% |
0.99% |
Ratio
of net investment income to average net assets2 |
1.99% |
1.32% |
1.86% |
2.43% |
2.45% |
Portfolio
turnover |
54% |
86% |
101% |
71% |
26% |
Net
assets end of Year (000's) omitted |
$10,680 |
$13,736 |
$15,794 |
$14,779 |
$12,884 |
|
For
the fiscal years ended December 31, | ||||
Class
I |
2022 |
2021 |
2020 |
2019 |
2018 |
Net
Asset Value, Beginning of Year |
$10.65 |
$10.94 |
$10.19 |
$9.47 |
$9.85 |
Income
(loss) from Investment Operations: |
|
|
|
|
|
Net
investment income1,2 |
0.21 |
0.16 |
0.22 |
0.26 |
0.25 |
Net
realized and unrealized gain (loss) on investments |
(1.70) |
(0.28) |
0.75 |
0.73 |
(0.38) |
Total
income (loss) from investment operations |
(1.49) |
(0.12) |
0.97 |
0.99 |
(0.13) |
Less
Distributions to Shareholders from: |
|
|
|
|
|
Net
investment income |
(0.21) |
(0.16) |
(0.22) |
(0.27) |
(0.25) |
Paid
in capital |
— |
(0.01) |
— |
— |
— |
Total
distributions to shareholders |
(0.21) |
(0.17) |
(0.22) |
(0.27) |
(0.25) |
Net
Asset Value, End of Year |
$8.95 |
$10.65 |
$10.94 |
$10.19 |
$9.47 |
Total
Return2,3 |
(14.07)% |
(1.07)% |
9.57% |
10.51% |
(1.27)% |
Ratio
of net expenses to average net assets |
0.56% |
0.56% |
0.55% |
0.55% |
0.54% |
Ratio
of gross expenses to average net assets4 |
0.83% |
0.76% |
0.88% |
0.98% |
0.80% |
Ratio
of net investment income to average net assets2 |
2.16% |
1.49% |
2.04% |
2.62% |
2.64% |
Portfolio
turnover |
54% |
86% |
101% |
71% |
26% |
Net
assets end of Year (000's) omitted |
$19,890 |
$33,402 |
$27,800 |
$8,502 |
$5,967 |
|
For
the fiscal years ended December 31, | ||||
Class
Z |
2022 |
2021 |
2020 |
2019 |
2018 |
Net
Asset Value, Beginning of Year |
$10.65 |
$10.93 |
$10.18 |
$9.46 |
$9.84 |
Income
(loss) from Investment Operations: |
|
|
|
|
|
Net
investment income1,2 |
0.21 |
0.17 |
0.22 |
0.27 |
0.26 |
Net
realized and unrealized gain (loss) on investments |
(1.69) |
(0.27) |
0.75 |
0.72 |
(0.38) |
Total
income (loss) from investment operations |
(1.48) |
(0.10) |
0.97 |
0.99 |
(0.12) |
Less
Distributions to Shareholders from: |
|
|
|
|
|
Net
investment income |
(0.22) |
(0.17) |
(0.22) |
(0.27) |
(0.26) |
Paid
in capital |
— |
(0.01) |
— |
— |
— |
Total
distributions to shareholders |
(0.22) |
(0.18) |
(0.22) |
(0.27) |
(0.26) |
Net
Asset Value, End of Year |
$8.95 |
$10.65 |
$10.93 |
$10.18 |
$9.46 |
Total
Return2,3 |
(14.00)% |
(0.92)% |
9.65% |
10.59% |
(1.23)% |
Ratio
of net expenses to average net assets |
0.48% |
0.48% |
0.48% |
0.48% |
0.48% |
Ratio
of gross expenses to average net assets4 |
0.75% |
0.68% |
0.81% |
0.91% |
0.74% |
Ratio
of net investment income to average net assets2 |
2.24% |
1.57% |
2.11% |
2.72% |
2.70% |
Portfolio
turnover |
54% |
86% |
101% |
71% |
26% |
Net
assets end of Year (000's) omitted |
$9,877 |
$13,712 |
$11,552 |
$10,080 |
$15,254 |
1 |
Per
share numbers have been calculated using average
shares. |
2 |
Total
returns and net investment income would have been lower had certain
expenses not been offset. |
3 |
The
total return is calculated using the published Net Asset Value as of
fiscal year end. |
4 |
Excludes
the impact of expense reimbursement or fee waivers and expense
reductions such as brokerage credits, but includes expense repayments
and
non-reimbursable expenses, if any, such as interest, taxes, and
extraordinary expenses. |