GW&K Small Cap Value Fund  (SKSEX)

Fund Notice

At a special meeting held on June 18, 2021, shareholders of AMG GW&K Small Cap Value Fund II (the “Fund”) approved the reorganization of the Fund with and into AMG GW&K Small Cap Value Fund (the “Acquiring Fund”), a series of AMG Funds (the “Reorganization”). Pursuant to the Reorganization, the assets and liabilities of the Fund will be exchanged for shares of the Acquiring Fund, and shareholders of the Fund will become shareholders of the Acquiring Fund. The Reorganization is expected to close on or about August 9, 2021.

Fund Overview

Fund Overview

Share Class

N

NAV | as of 10/15/2021

$30.56
-$0.06 (-0.20%)

Morningstar | Style Box

V B G L M S

Growth of $10,000 (Hypothetical)

Since Inception 04/23/1987 to 09/30/2021 = $446,336.58

  • 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

Seeks capital appreciation

Why Consider

  • Provides investors with exposure to a portfolio of undervalued small cap companies that demonstrate positive business momentum
  • Employs a fundamental, research-oriented investment process that is built on the belief that a company's ability to generate consistent, long-term sustainable earnings growth will drive enhanced stock price performance over time
  • Manages risk through portfolio diversification and a strong sell discipline

Documents

View All Documents
Daniel L. Miller, CFA

Daniel L. Miller, CFA

Partner and Director of Equities

See Our Approach Read Bio
Jeffrey O. Whitney, CFA

Jeffrey O. Whitney, CFA

Partner, Portfolio Manager

See Our Approach Read 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: 1.18%
  • Net Expense Ratio: 1.15%
  • Expense Cap Expiration Date: 05/01/2022

Distributions & Pricing


    • Calendar Year Distributions

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Aug 5, 2021 $3.672300 $0.043300 $2.370800 $1.258200
      Dec 9, 2020 $11.525300 $0.079700 $0.579700 $10.865900
      Dec 16, 2019 $2.630100 $0.091500 $2.538600
      Dec 27, 2018 $4.635700 $0.384900 $4.250800
      Dec 27, 2017 $2.968000 $0.756200 $2.211800
      Dec 27, 2016 $0.009900 $0.009900
      Dec 28, 2015 $1.776200 $0.004400 $0.471400 $1.300400
      Dec 26, 2014 $1.481400 $0.735600 $0.745800
      Dec 26, 2013 $0.011200 $0.007400 $0.003800
      Dec 26, 2008 $0.041900 $0.036100 $0.005800
      Dec 28, 2007 $3.879790 $0.964210 $2.915580
      Dec 14, 2006 $4.210000 $0.760000 $3.450000
      Dec 16, 2005 $6.420000 $0.910000 $5.510000
      Dec 16, 2004 $3.690000 $1.190000 $2.500000
      Dec 19, 2003 $1.560000 $0.470000 $1.090000
      Dec 8, 1999 $1.230000 $0.180000 $1.050000
      Dec 8, 1998 $0.320000 $0.110000 $0.210000
      Dec 16, 1997 $2.890000 $1.840000 $1.050000
      Dec 18, 1996 $3.610000 $1.730000 $1.880000
      Dec 27, 1995 $1.010000 $0.100000 $0.910000
      Dec 22, 1994 $1.930000 $0.740000 $1.190000
      Dec 29, 1993 $3.150000 $1.980000 $1.170000
      Dec 29, 1992 $0.910000 $0.710000 $0.200000
      Dec 26, 1991 $2.400000 $1.710000 $0.690000
      Sep 16, 1991 $0.010000 $0.010000
      Dec 11, 1990 $0.090000 $0.090000
      Sep 17, 1990 $0.010000 $0.010000
      Dec 28, 1989 $1.300000 $0.940000 $0.360000
      Dec 30, 1988 $0.050000 $0.050000

Risk & Return Stats

As of: 09/30/2021

View All Characteristics & Stats

Portfolio & Holdings

Portfolio & Holdings

Top Holdings (Equity)

As of: 09/30/2021

Tenet Healthcare Corp 2.58%
Independence Realty Trust Inc 2.32%
Piper Sandler Cos 2.22%
Walker & Dunlop Inc 2.17%
Group 1 Automotive Inc 2.15%
Boot Barn Holdings Inc 2.12%
Apollo Medical Holdings Inc 2.08%
Gray Television Inc 2.03%
Pacific Premier Bancorp Inc 2.00%
Ameris Bancorp 1.98%
% in Top 10 Holdings 21.65%
View Holding Details Read Important Investment Disclosures

Sector Allocation (Equity)

As of: 09/30/2021

Investment Approach

Investment Approach

GW&K Small Cap Value Fund

  • The Fund primarily invests in undervalued small cap companies
  • GW&K believes quality small cap companies trading at low valuation levels offer attractive opportunities for stock price appreciation over time.
  • Companies that can generate sustainable earnings growth possess these key attributes:
    • A high quality management team focused on enhancing long-term value for shareholders.
    • Experienced and motivated management
    • Improving business model
    • Catalyst for positive market revaluation
  • GW&K seeks to add value through a fundamental research process and proprietary screening. A disciplined long-term research focus seeks to identify well-managed, undervalued companies with improving fundamental and financial characteristics

Keep Calm and Remain Diversified

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

About

About GW&K Investment Management

Background

GW&K Investment Management is a dynamic investment management firm that offers asset allocation, active equity and fixed income investment solutions to help meet the needs of a diverse client base. GW&K’s founding principles of applying rigorous fundamental research, focusing on quality and maintaining a long-term view still guide its investment process today.

Learn More

More Funds From GW&K Investment Management

MBGVX

GW&K Core Bond ESG Fund

The Fund seeks to generate income and capital appreciation by primarily investing in a diversified portfolio of fixed income securities.

View Fund Details

TLEVX

GW&K Emerging Markets Equity Fund

Seeks to provide long-term capital appreciation by investing in companies located in emerging market countries.

View Fund Details

TYWVX

GW&K Emerging Wealth Equity Fund

Seeks to provide long-term capital appreciation by investing in emerging market companies and developed market companies that have emerging markets revenue exposure.

View Fund Details

MFDAX

GW&K Enhanced Core Bond ESG Fund

The Fund seeks to generate income and capital appreciation by primarily investing in a diversified portfolio of fixed income securities.

View Fund Details

MGBIX

GW&K ESG Bond Fund

The Fund seeks to generate income and capital appreciation by primarily investing in a diversified portfolio of fixed income securities.

View Fund Details

MBEAX

GW&K Global Allocation Fund

Long-term capital appreciation and moderate current income

View Fund Details

MGGBX

GW&K High Income Fund

The Fund seeks high income

View Fund Details

MECAX

GW&K International Small Cap Fund

Seeks long-term capital appreciation.

View Fund Details

GWMTX

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.

View Fund Details

GWMNX

GW&K Municipal Enhanced Yield Fund

The Fund seeks to provide a high level of current income that is exempt from federal income taxes by primarily investing in municipal bonds.

View Fund Details

ACWIX

GW&K Small/Mid Cap Growth Fund

The Fund seeks to provide long-term capital appreciation by investing in small to mid cap stocks exhibiting consistent, sustainable earnings growth.

View Fund Details

GWETX

GW&K Small Cap Core Fund

The Fund seeks to provide long-term capital appreciation by primarily investing in U.S. small cap stocks.

View Fund Details


GWGIX

GW&K Small/Mid Cap Fund

The Fund seeks to provide long-term capital appreciation by primarily investing in small to mid cap stocks exhibiting growth and value characteristics.

View Fund Details

Founded

1974


Headquarters

Boston, MA


Affiliate Since

2008

Funds to Consider

TYWVX

GW&K Emerging Wealth Equity Fund

Seeks to provide long-term capital appreciation by investing in emerging market companies and developed market companies that have emerging markets revenue exposure.


Overall Morningstar Rating

Rated against 708 Diversified Emerging Mkts funds as of 09/30/2021
★★

View Morningstar Details

TYWVX
MSCI Emerging Markets Index

Quarterly performance (%) data as of 09/30/2021

Fund Detail Read Important Investment Disclosures

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 263 Muni National Interm funds as of 09/30/2021
★★★

View Morningstar Details

GWMIX
Bloomberg 10-Year Municipal Bond Index

Quarterly performance (%) data as of 09/30/2021

Fund Detail Read Important Investment Disclosures

Discover how the boutique advantage helps generate alpha.

Learn More About AMG
  Back To Top