Yacktman Special Opportunities Fund  (YASSX)

Fund Overview

Fund Overview

Share Class

I

  • I

Morningstar | Style Box

V B G L M S

NAV | as of 10/19/2018

$11.41
$0.00 (0.00%)

Overall Morningstar Rating



Rated against 114 World Small/Mid Stock funds as of 09/30/2018

View Morningstar Details

Quarterly Performance (%) |
vs. Benchmark as of 09/30/2018

Fund Inception 06/30/2015

YTD 1YR 3YR 5YR 10YR INCEP.
YASSX -1.33 6.42 18.52 - - 11.79
MSCI ACWI All Cap Index 3.65 9.58 13.49 8.69 - 8.94
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 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. Performance Data shown does not reflect the 2.00% redemption fee imposed on the shares held 90 days or less; otherwise, total returns would be reduced.

Expense Ratios

  • Gross Expense Ratio: 2.60%
  • Net Expense Ratio: 2.34%
  • Expense Cap Expiration Date: 05/01/2019

Read Important Investment Disclosures

Objective

The Fund seeks long-term capital appreciation through an intrinsic value-oriented investment approach.

Why Consider

  • Provides investors exposure to a portfolio of high conviction investments with the top 10 holdings representing more than 30% of the Fund's portfolio
  • Maintains a long-term investment horizon and is agnostic to index constituents and sector weights
  • Employs an absolute value approach which includes a fundamental, bottom-up security selection process focused on identifying securities with a meaningful discount to intrinsic value
Adam P. Sues

Adam P. Sues

Partner, Portfolio Manager

See Our Approach Read Bio

Performance

Performance

Read Important Investment Disclosures

Returns & Distributions

As of 09/30/2018

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Dec 27, 2017 $0.579200 $0.139000 $0.115900 $0.324300
      Dec 27, 2016 $0.305200 $0.305200
      Dec 28, 2015 $0.355300 $0.225500 $0.129800

Growth of $10,000 (Hypothetical)

Since Inception 06/30/2015 to 09/30/2018 = $14,370.22

  • 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: 09/30/2018

IMF Bentham Ltd 5.82%
Samsung Electronics Co Ltd Preferred 5.40%
Computer Services Inc 4.90%
Ocean Wilsons Holdings Ltd 4.75%
Reading International Inc 4.24%
Colabor Group Inc Fixed 6.00% Oct 2021 3.99%
Pardee Resources Co Inc 3.72%
JAKKS Pacific Inc Fixed 4.88% Jun 2020 144A 3.62%
Boustead Singapore Ltd 3.54%
CB Industrial Product Holding Bhd 3.34%
% in Top 10 Holdings 43.32%
View Holding Details Read Important Investment Disclosures

MPT Stats

As of: 09/30/2018

View All Characteristics & Stats

Regional Allocation

As of: 09/30/2018

Investment Approach

Investment Approach

AMG Yacktman Special Opportunities Fund

The Fund seeks to benefit from a flexible investment mandate resulting in a broad opportunity set for generating new ideas. The unconstrained, global investment universe includes all market capitalizations. The investment process focuses on:

  • Absolute value, investing in undervalued businesses based on intrinsic value rather than relative
    value versus a benchmark or peer group
  • Bottom-up, fundamental stock research and business analysis
  • Thorough examination of company history over long periods
  • Estimation of normalized earnings and business quality
  • High conviction ideas resulting in a concentrated portfolio
  • Long-term time horizon with an investment goal of achieving attractive risk-adjusted returns
    over a full business cycle

 

Additional Fund Highlight

Maintains a long-term investment horizon and is agnostic to index constituents and sector weights

Keep Calm and Remain Diversified

A short- and long-term review of the power of diversification.
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AMG Funds: Providing Access to the World's Leading Network of Boutique Investment Firms

Joseph Maccone, Head of Sales, describes how AMG Funds partners with best-in-class boutique asset managers to offer a broad array of active, alpha-generating solutions across equities, fixed income, and alternatives.
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About

About Yacktman Asset Management

Background

Yacktman Asset Management is a boutique investment advisory firm located in Austin, Texas. Since 1992, the firm has navigated multiple market cycles while adhering to a disciplined investment approach led by Stephen Yacktman, Chief Investment Officer. The firm strives to achieve solid risk-adjusted returns over time.

Learn More

More Funds From Yacktman Asset Management

YAFFX

Yacktman Focused Fund

The Fund seeks long-term capital appreciation and, to a lesser extent, current income by primarily investing in common stocks of U.S. companies.

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YACKX

Yacktman Fund

The Fund seeks long-term capital appreciation and, to a lesser extent, current income by primarily investing in common stocks of U.S. companies.

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YFSIX

Yacktman Focused Fund - Security Selection Only

The Fund seeks to generate equity-like rates of return over a full market cycle while managing the level of risk.

View Fund Details

Founded

1992


Headquarters

Austin, TX


Affiliate Since

2012


AUM

$14.1B

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