Class
N: MSSVX |
Class
I: MSSCX |
Class
Z: MSSYX |
Class
N: MBGVX |
Class
I: MBDFX |
Class
Z: MBDLX |
|
Class
N |
Class
I |
Class
Z |
Management
Fee |
% |
% |
% |
Distribution
and Service (12b-1)
Fees |
% |
|
|
Other
Expenses |
% |
% |
% |
Acquired
Fund Fees and Expenses |
% |
% |
% |
Total
Annual Fund Operating Expenses1 |
% |
% |
% |
Fee
Waiver and Expense Reimbursements2 |
( |
( |
( |
Total
Annual Fund Operating
Expenses
After Fee Waiver and Expense
Reimbursements1,2 |
% |
% |
% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
N |
$ |
$ |
$ |
$ |
Class
I |
$ |
$ |
$ |
$ |
Class
Z |
$ |
$ |
$ |
$ |
Average
Annual Total Returns as of
12/31/23 | |||
AMG
Frontier Small Cap Growth 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 |
|
|
|
Russell
2000® Growth 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
12/31/23 | ||||
AMG
GW&K Core Bond ESG
Fund |
1
Year |
5
Years |
10
Years |
Since
Inception1
|
Class
I
Return
Before Taxes |
|
|
|
|
Class
I
Return
After Taxes on
Distributions |
|
|
|
|
Class
I
Return
After Taxes on
Distributions
and Sale of
Fund
Shares |
|
|
|
|
Class
N
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.
P.O.
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.
P.O.
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 Letters
should be mailed to: AMG
Funds
c/o
BNY Mellon Investment
Servicing
(US) Inc.
P.O.
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
wealth.amg.com |
Go
to our website at
wealth.amg.com.
Website 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 |
|
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 October 31, | ||||
Class
N |
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Year |
$6.58 |
$12.60 |
$8.55 |
$8.03 |
$11.69 |
Income
(loss) from Investment Operations: |
|
|
|
|
|
Net
investment loss1,2 |
(0.02
)3 |
(0.06
)4 |
(0.12
) |
(0.06
) |
(0.06
) |
Net
realized and unrealized gain (loss) on investments |
(0.02
) |
(2.05
) |
4.56 |
1.30 |
0.45 |
Total
income (loss) from investment operations |
(0.04
) |
(2.11
) |
4.44 |
1.24 |
0.39 |
Less
Distributions to Shareholders from: |
|
|
|
|
|
Net
realized gain on investments |
— |
(3.91
) |
(0.39
) |
(0.72
) |
(4.05
) |
Net
Asset Value, End of Year |
$6.54 |
$6.58 |
$12.60 |
$8.55 |
$8.03 |
Total
Return2,5 |
(0.61
)% |
(22.17
)% |
52.92
% |
16.22
% |
11.83
% |
Ratio
of net expenses to average net assets |
1.30
% |
1.30
% |
1.30
% |
1.30
% |
1.30
% |
Ratio
of gross expenses to average net assets6 |
1.70
% |
1.74
% |
1.72
% |
1.90
% |
1.94
% |
Ratio
of net investment loss to average net assets2 |
(0.30
)% |
(0.86
)% |
(0.98
)% |
(0.73
)% |
(0.79
)% |
Portfolio
turnover |
227
% |
231
% |
217
% |
206
% |
226
% |
Net
assets end of Year (000's) omitted |
$2,701 |
$1,179 |
$834 |
$306 |
$324 |
|
For
the fiscal years ended October 31, | ||||
Class
I |
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Year |
$7.23 |
$13.40 |
$9.04 |
$8.43 |
$12.02 |
Income
(loss) from Investment Operations: |
|
|
|
|
|
Net
investment income (loss)1,2 |
0.00
3,7 |
(0.04
)4 |
(0.08
) |
(0.03
) |
(0.04
) |
Net
realized and unrealized gain (loss) on investments |
(0.02
) |
(2.22
) |
4.83 |
1.36 |
0.50 |
Total
income (loss) from investment operations |
(0.02
) |
(2.26
) |
4.75 |
1.33 |
0.46 |
Less
Distributions to Shareholders from: |
|
|
|
|
|
Net
realized gain on investments |
— |
(3.91
) |
(0.39
) |
(0.72
) |
(4.05
) |
Net
Asset Value, End of Year |
$7.21 |
$7.23 |
$13.40 |
$9.04 |
$8.43 |
Total
Return2,5 |
(0.28
)% |
(21.92
)% |
53.49
% |
16.69
% |
12.08
% |
Ratio
of net expenses to average net assets |
0.97
% |
0.94
% |
0.94
% |
0.95
% |
0.96
% |
Ratio
of gross expenses to average net assets6 |
1.37
% |
1.38
% |
1.36
% |
1.55
% |
1.60
% |
Ratio
of net investment income (loss) to average net assets2 |
0.03
% |
(0.50
)% |
(0.62
)% |
(0.38
)% |
(0.45
)% |
Portfolio
turnover |
227
% |
231
% |
217
% |
206
% |
226
% |
Net
assets end of Year (000's) omitted |
$46,657 |
$17,023 |
$17,230 |
$11,547 |
$10,873 |
|
For
the fiscal years ended October 31, | ||||
Class
Z |
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Year |
$7.71 |
$14.01 |
$9.43 |
$8.75 |
$12.31 |
Income
(loss) from Investment Operations: |
|
|
|
|
|
Net
investment income (loss)1,2 |
0.01
3 |
(0.04
)4 |
(0.07
) |
(0.03
) |
(0.03
) |
Net
realized and unrealized gain (loss) on investments |
(0.03
) |
(2.35
) |
5.04 |
1.43 |
0.52 |
Total
income (loss) from investment operations |
(0.02
) |
(2.39
) |
4.97 |
1.40 |
0.49 |
Less
Distributions to Shareholders from: |
|
|
|
|
|
Net
realized gain on investments |
— |
(3.91
) |
(0.39
) |
(0.72
) |
(4.05
) |
Net
Asset Value, End of Year |
$7.69 |
$7.71 |
$14.01 |
$9.43 |
$8.75 |
Total
Return2,5 |
(0.26
)% |
(21.87
)% |
53.62
% |
16.74
% |
12.15
% |
Ratio
of net expenses to average net assets |
0.90
% |
0.90
% |
0.90
% |
0.90
% |
0.90
% |
Ratio
of gross expenses to average net assets6 |
1.30
% |
1.34
% |
1.32
% |
1.50
% |
1.54
% |
Ratio
of net investment income (loss) to average net assets2 |
0.10
% |
(0.46
)% |
(0.58
)% |
(0.33
)% |
(0.39
)% |
Portfolio
turnover |
227
% |
231
% |
217
% |
206
% |
226
% |
Net
assets end of Year (000's) omitted |
$6,376 |
$6,027 |
$8,672 |
$7,850 |
$7,196 |
1 |
Per
share numbers have been calculated using average
shares. |
2 |
Total
returns and net investment loss would have been lower had certain expenses
not been offset. |
3 |
Includes
non-recurring dividends. Without these dividends, net investment loss per
share would have been $(0.03), $(0.01), and $(0.01) for Class N,
Class
I, and Class Z shares, respectively. |
4 |
Includes
non-recurring dividends. Without these dividends, net investment loss per
share would have been $(0.07), $(0.04) and $(0.04) for Class N,
Class
I and Class Z shares, respectively. |
5 |
The
total return is calculated using the published Net Asset Value as of
fiscal year end. |
6 |
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. |
7 |
Less
than $0.005 per share. |
|
For
the fiscal years ended October 31, | ||||
Class
N |
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Year |
$8.56 |
$10.75 |
$10.90 |
$10.53 |
$9.67 |
Income
(loss) from Investment Operations: |
|
|
|
|
|
Net
investment income1,2 |
0.23 |
0.14 |
0.12 |
0.18 |
0.21 |
Net
realized and unrealized gain (loss) on investments |
(0.23
) |
(1.93
) |
(0.15
) |
0.37 |
0.86 |
Total
income (loss) from investment operations |
— |
(1.79
) |
(0.03
) |
0.55 |
1.07 |
Less
Distributions to Shareholders from: |
|
|
|
|
|
Net
investment income |
(0.23
) |
(0.15
) |
(0.12
) |
(0.18
) |
(0.21
) |
Net
realized gain on investments |
— |
(0.25
) |
— |
— |
— |
Total
distributions to shareholders |
(0.23
) |
(0.40
) |
(0.12
) |
(0.18
) |
(0.21
) |
Net
Asset Value, End of Year |
$8.33 |
$8.56 |
$10.75 |
$10.90 |
$10.53 |
Total
Return2,3 |
(0.15
)% |
(17.18
)% |
(0.27
)% |
5.31
% |
11.20
% |
Ratio
of net expenses to average net assets |
0.88
% |
0.88
% |
0.88
% |
0.88
% |
0.88
% |
Ratio
of gross expenses to average net assets4 |
0.99
% |
0.95
% |
0.94
% |
0.96
% |
0.95
% |
Ratio
of net investment income to average net assets2 |
2.55
% |
1.49
% |
1.12
% |
1.69
% |
2.10
% |
Portfolio
turnover |
25
% |
34
% |
62
% |
56
% |
48
% |
Net
assets end of Year (000's) omitted |
$1,937 |
$1,716 |
$2,125 |
$1,905 |
$1,255 |
|
For
the fiscal years ended October 31, | ||||
Class
I |
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Year |
$8.56 |
$10.76 |
$10.90 |
$10.54 |
$9.67 |
Income
(loss) from Investment Operations: |
|
|
|
|
|
Net
investment income1,2 |
0.25 |
0.18 |
0.16 |
0.22 |
0.24 |
Net
realized and unrealized gain (loss) on investments |
(0.21
) |
(1.95
) |
(0.14
) |
0.36 |
0.88 |
Total
income (loss) from investment operations |
0.04 |
(1.77
) |
0.02 |
0.58 |
1.12 |
Less
Distributions to Shareholders from: |
|
|
|
|
|
Net
investment income |
(0.26
) |
(0.18
) |
(0.16
) |
(0.22
) |
(0.25
) |
Net
realized gain on investments |
— |
(0.25
) |
— |
— |
— |
Total
distributions to shareholders |
(0.26
) |
(0.43
) |
(0.16
) |
(0.22
) |
(0.25
) |
Net
Asset Value, End of Year |
$8.34 |
$8.56 |
$10.76 |
$10.90 |
$10.54 |
Total
Return2,3 |
0.30
% |
(16.99
)% |
0.15
% |
5.55
% |
11.70
% |
Ratio
of net expenses to average net assets |
0.55
% |
0.55
% |
0.56
% |
0.55
% |
0.55
% |
Ratio
of gross expenses to average net assets4 |
0.66
% |
0.62
% |
0.62
% |
0.63
% |
0.62
% |
Ratio
of net investment income to average net assets2 |
2.88
% |
1.82
% |
1.44
% |
2.01
% |
2.42
% |
Portfolio
turnover |
25
% |
34
% |
62
% |
56
% |
48
% |
Net
assets end of Year (000's) omitted |
$119,191 |
$137,806 |
$190,306 |
$202,363 |
$212,801 |
|
For
the fiscal years ended October 31, | ||||
Class
Z |
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Year |
$8.56 |
$10.75 |
$10.90 |
$10.53 |
$9.67 |
Income
(loss) from Investment Operations: |
|
|
|
|
|
Net
investment income1,2 |
0.26 |
0.18 |
0.16 |
0.22 |
0.25 |
Net
realized and unrealized gain (loss) on investments |
(0.23
) |
(1.94
) |
(0.15
) |
0.38 |
0.87 |
Total
income (loss) from investment operations |
0.03 |
(1.76
) |
0.01 |
0.60 |
1.12 |
Less
Distributions to Shareholders from: |
|
|
|
|
|
Net
investment income |
(0.26
) |
(0.18
) |
(0.16
) |
(0.23
) |
(0.26
) |
Net
realized gain on investments |
— |
(0.25
) |
— |
— |
— |
Total
distributions to shareholders |
(0.26
) |
(0.43
) |
(0.16
) |
(0.23
) |
(0.26
) |
Net
Asset Value, End of Year |
$8.33 |
$8.56 |
$10.75 |
$10.90 |
$10.53 |
Total
Return2,3 |
0.25
% |
(16.85
)% |
0.13
% |
5.73
% |
11.71
% |
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 |
0.59
% |
0.55
% |
0.54
% |
0.56
% |
0.55
% |
Ratio
of net investment income to average net assets2 |
2.95
% |
1.89
% |
1.52
% |
2.09
% |
2.50
% |
Portfolio
turnover |
25
% |
34
% |
62
% |
56
% |
48
% |
Net
assets end of Year (000's) omitted |
$1,279 |
$2,195 |
$3,724 |
$3,812 |
$3,208 |
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. |