Global Income Opportunity Fund  (MGGBX)

N

Fund Overview

Fund Overview

Share Class

N

NAV | as of 07/10/2020

$22.64
+$0.01 (+0.04%)

Morningstar | Style Box

L M E H M L

Overall Morningstar Rating


Rated against 187 World Bond funds as of 06/30/2020

Growth of $10,000 (Hypothetical)

Since Inception 03/25/1994 to 06/30/2020 = $43,765.62

  • 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.

Objective

The Fund seeks income and capital appreciation by investing in a portfolio of foreign and domestic fixed income securities

Why Consider

  • May be appropriate for investors looking to gain exposure to foreign and U.S. bonds
  • Seeks to minimize issue-specific risk through fundamental research
  • Offers access to a large investment universe, as a large portion of the world bond markets are outside of the U.S.

Documents

View All Documents

Fund Managers

David W. Rolley

Vice President & Portfolio Manager

Read Full Bio

Lynda Schweitzer

Vice President & Portfolio Manager

Read Full Bio

Scott M. Service

Vice President & Portfolio Manager

Read Full Bio

Performance

Performance

Read Important Investment Disclosures

Returns

 

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.

Expense Ratios

  • Gross Expense Ratio: 1.69%
  • Net Expense Ratio: 0.89%
  • Expense Cap Expiration Date: 05/01/2021

Distributions & Pricing


    • Calendar Year Distributions

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Dec 16, 2019 $0.067100 $0.067100
      Dec 27, 2018 $0.139900 $0.139900
      Dec 28, 2015 $0.276000 $0.276000
      Dec 26, 2014 $0.372300 $0.372300
      Dec 26, 2013 $0.582200 $0.582200
      Dec 26, 2012 $0.790600 $0.790600
      Dec 27, 2011 $0.683700 $0.683700
      Dec 28, 2010 $0.856400 $0.856400
      Dec 28, 2009 $2.221700 $2.221700
      Dec 26, 2008 $2.211400 $2.186100 $0.025300
      Dec 26, 2007 $1.435000 $1.426000 $0.009000
      Dec 26, 2006 $0.516000 $0.489000 $0.027000
      Dec 27, 2005 $1.072000 $0.773000 $0.052000 $0.247000
      Dec 28, 2004 $1.953000 $1.340000 $0.089000 $0.524000
      Dec 26, 2003 $2.620000 $2.090000 $0.360000 $0.170000
      Dec 26, 2002 $0.769000 $0.553000 $0.216000
      Dec 26, 2001 $0.250000 $0.250000
      Dec 26, 2000 $0.124500 $0.124500
      Dec 28, 1999 $0.710000 $0.480000 $0.230000
      Dec 28, 1998 $2.550000 $1.160000 $1.230000 $0.160000
      Dec 26, 1997 $0.510000 $0.170000 $0.340000
      Dec 26, 1996 $1.010000 $0.600000 $0.360000 $0.050000
      Sep 25, 1996 $0.200000 $0.200000
      Jun 25, 1996 $0.050000 $0.050000
      Mar 26, 1996 $0.020000 $0.020000
      Dec 26, 1995 $0.290000 $0.290000
      Sep 26, 1995 $0.300000 $0.300000
      Jun 27, 1995 $0.300000 $0.300000
      Mar 28, 1995 $0.080000 $0.080000
      Dec 30, 1994 $0.360000 $0.360000
      Sep 27, 1994 $0.100000 $0.100000
      Jun 27, 1994 $0.150000 $0.150000

Risk & Return Stats

As of: 06/30/2020

View All Characteristics & Stats

Portfolio & Holdings

Portfolio & Holdings

Top Holdings (Fixed)

As of: 02/29/2020

United States Treasury Note/Bond Fixed 6.95%
Fannie Mae Pool MA3692 Fixed 3.71%
French Republic Government Bond OAT Fixed 2.89%
Energy Transfer Operating LP Fixed 2.43%
Indonesia Government International Bond Fixed 144A 2.42%
Lloyds Banking Group PLC Fixed 2.35%
Japan Government Thirty Year Bond Fixed 2.33%
Alfa SAB de CV Fixed 144A 2.31%
Barclays PLC Fixed 2.29%
United States Treasury Note/Bond Fixed 2.27%
% in Top 10 Holdings 29.95%
View Holding Details Read Important Investment Disclosures

Sector Allocation (Fixed)

As of: 03/31/2020

Investment Approach

Investment Approach

Global Income Opportunity Fund

The Fund seeks both income and capital appreciation by investing primarily in investment-grade domestic and foreign fixed income corporate bonds, and in securities issued or guaranteed by the U.S. and foreign governments, their agencies and instrumentalities, and supranational organizations such as the World Bank and the United Nations. Under normal circumstances, the Fund invests no more than 25% of its net assets, plus the amount of any borrowings for investment purposes, in debt securities of companies located in emerging market countries. The Fund may hold securities denominated in any currency, but must invest at least 30% of total assets of the Fund will be invested in U.S. dollar-denominated instruments.


Keep Calm and Remain Diversified

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

  Read Full Perspective

About

About Loomis, Sayles & Company

Background

Loomis Sayles is a fixed income investment manager where performance-driven investors integrate deep proprietary research and integrated risk analysis to make informed, judicious decisions.

Learn More

More Funds From Loomis, Sayles & Company

MGFIX

Loomis Sayles Bond Fund

Seeks a high level of current income by investing in a flexible portfolio of fixed income securities.

View Fund Details

Founded

1926


Headquarters

Boston, MA


Funds to Consider

GWMIX

GW&K Municipal Bond Fund

The Fund seeks to provide current income, exempt from federal income tax, and capital preservation by primarily investing in a portfolio of high-quality municipal bonds.


Overall Morningstar Rating

Rated against 238 Muni National Interm funds as of 06/30/2020
★★★

GWMIX
Bloomberg Barclays 10-Year Municipal Bond Index

Quarterly performance (%) data as of 06/30/2020

Fund Detail Read Important Investment Disclosures

ARDEX

River Road Dividend All Cap Value Fund

Seeks to provide high current income and, secondarily, long-term capital appreciation by investing primarily in a diversified, all cap portfolio of income producing equity securities.


Overall Morningstar Rating

Rated against 1109 Large Value funds as of 06/30/2020
★★

ARDEX
Russell 3000® Value Index

Quarterly performance (%) data as of 06/30/2020

Fund Detail Read Important Investment Disclosures

Discover how AMG Funds brings more than 70 products from over 25 independent boutiques together under one flag.

Learn More About AMG Funds
  Back To Top