Fairpointe Mid Cap Fund  (CHTTX)

N
Advisors: 800.368.4410
Investors: 800.548.4539

Fund Overview

Fund Overview

Share Class

N

Morningstar | Style Box

V B G L M S

NAV | as of 05/24/2019

$35.45
+$0.02 (+0.06%)

Quarterly Performance (%) |
vs. Benchmark as of 03/31/2019

Fund Inception 09/19/1994

YTD 1YR 3YR 5YR 10YR INCEP.
CHTTX 14.88 -2.04 7.69 3.95 15.91 11.47
S&P MidCap 400 Index 14.49 2.59 11.24 8.29 16.28 11.70
Russell Midcap® Index 16.54 6.47 11.82 8.81 16.88 10.93
View Monthly & Quarterly Performance Details

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance quoted. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879 or visit our website at amgfunds.com. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses.

Expense Ratios

  • Gross Expense Ratio: 1.13%
  • Net Expense Ratio: 1.13%
  • Expense Cap Expiration Date: N/A

Read Important Investment Disclosures

Objective

The Fund seeks long-term total return through capital appreciation by investing primarily in common and preferred stocks and convertible securities.

Why Consider

  • The Fund may be appropriate for your overall investment allocation if you are looking to further diversify a portfolio with exposure to mid cap companies
  • Fairpointe employs a comprehensive risk management approach that reviews portfolio, investments, and operational risks
  • Fairpointe seeks to select companies that are inefficiently priced relative to their fundamental value, earnings growth outlook and cash flow generation over the next three to five years

Documents

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Fund Managers

Thyra E. Zerhusen

Co-Founder, Chief Executive Officer, Chief Investment Officer, and Portfolio Manager

Read Full Bio

Marie L. Lorden

Co-Founder and Portfolio Manager

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Brian Washkowiak, CFA

Portfolio Manager

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Mary L. Pierson

Co-Founder, Co-Chief Executive Officer and Portfolio Manager

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Performance

Performance

Read Important Investment Disclosures

Returns & Distributions

As of 03/31/2019

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Mar 14, 1997 $0.008400 $0.008400 — —
      Dec 13, 1996 $1.201200 $0.013600 $0.395200 $0.792400
      Sep 13, 1996 $0.015100 $0.015100 — —
      Jun 14, 1996 $0.009400 $0.009400 — —
      Dec 15, 1995 $0.708100 $0.008100 $0.700000 —
      Sep 15, 1995 $0.017000 $0.017000 — —
      Jun 16, 1995 $0.016000 $0.016000 — —
      Mar 10, 1995 $0.022000 $0.022000 — —
      Dec 16, 1994 $0.050000 $0.050000 — —

Growth of $10,000 (Hypothetical)

Since Inception 09/19/1994 to 04/30/2019 = $147,995.16

From:
To:
  • 3YR
  • 5YR
  • 10YR
  • INCEP.
INCEP.
  • 3YR
  • 5YR
  • 10YR
  • INCEP.

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879 or visit our website at amgfunds.com. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown.

Top Holdings (Equity)

As of: 03/31/2019

TEGNA Inc 4.33%
Mattel Inc 3.40%
Molson Coors Brewing Co, Class B 3.28%
Meredith Corp 3.20%
LKQ Corp 3.04%
Northern Trust Corp 2.93%
Juniper Networks Inc 2.83%
Bunge Ltd 2.81%
Werner Enterprises Inc 2.79%
Wabtec Corp 2.75%
% in Top 10 Holdings 31.36%
View Holding Details Read Important Investment Disclosures

MPT Stats

As of: 04/30/2019

View All Characteristics & Stats

Sector Allocation (Equity)

As of: 03/31/2019

View Allocation Details

Investment Approach

Investment Approach

Fairpointe Mid Cap Fund

The Fund invests at least 80% of its assets in stocks of mid-cap companies, defined as being within the capitalization range of the Russell Midcap® Index. Fairpointe identifies these companies by utilizing a fundamental bottom-up approach to filter the number of securities they follow down to the 45-50 securities typically held in the Fund. This proprietary valuation model focuses on mid cap companies with an improving revenue and earnings growth outlook.


Keep Calm and Remain Diversified

 
A short- and long-term review of the power of diversification.
Read Full Perspective

Equity Style Analysis: Growth vs. Value

 
Recent Equity growth style outperformance may be testing the resolve many investors have to remain diversified. Although it is nearly impossible to predict when and to what extent these performance and valuation trends will reverse themselves, historically they have. Rather than try to predict future trends, investors should consider remaining diversified over the long term.
Read Full Perspective

About

About Fairpointe Capital

Background

Fairpointe Capital manages mid cap and all cap equity strategies for institutions and individuals. The Firm employs a disciplined fundamental bottom-up process to select companies that are inefficiently priced relative to their growth outlook.

Learn More

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Read Important Investment Disclosures

Founded

2011

Headquarters

Chicago, IL

AUM

$3.1B

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Fund Detail Read Important Investment Disclosures

Discover how AMG Funds brings more than 100 products from over 30 independent boutiques together under one flag.

Learn More About AMG Funds

Morningstar Ratings


Risk-adjusted returns as of 04/30/2019

Overall Rating    (of 357)
3 Years    (of  357)
5 Years    (of  313)
10 Years    (of  216)
Category Mid-Cap Value

Read Important Investment Disclosures

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