Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
AMG GW&K Small Cap Value Fund
SKSIX (Mutual Fund)
AMG GW&K Small Cap Value Fund
Name
As of 12/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
10.7%
1 yr return
10.5%
3 Yr Avg Return
4.0%
5 Yr Avg Return
8.7%
Net Assets
$258 M
Holdings in Top 10
22.5%
52 WEEK LOW AND HIGH
$30.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.99%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 41.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
$25,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
SKSIX - Profile
Distributions
- YTD Total Return 10.7%
- 3 Yr Annualized Total Return 4.0%
- 5 Yr Annualized Total Return 8.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.48%
- Dividend Yield 1.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAMG GW&K Small Cap Value Fund
-
Fund Family NameAMGFUNDSGR
-
Inception DateFeb 24, 2017
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Miller
Fund Description
Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of small-capitalization companies. Small-capitalization companies are those with a market capitalization, at the time of purchase, of less than $5 billion or otherwise within the range of capitalizations of companies in the Russell 2000® Index, the S&P SmallCap 600 Index, or the Dow Jones U.S. Small-Cap Total Stock Market Index. As of April28, 2023, the date of the latest reconstitution of the Russell 2000® Index (implemented by the Index June 23, 2023), the range of market capitalizations of the Russell 2000® Index was $159.5million to $6 billion. As of February 29, 2024, the range of market capitalizations of the S&P SmallCap 600 Index was $262.97 million to $7.832 billion. As of February 29, 2024, the range of market capitalizations of the Dow Jones U.S. Small-Cap Total Stock Market Index was $1.43 million to $15.374 billion. This capitalization range will change over time. The Fund may continue to hold securities of a portfolio company that subsequently appreciates above the small-capitalization threshold. Because of this, the Fund may have less than 80% of its net assets in equity securities of small-capitalization companies at
any given time. The Fund may also invest in real estate investment trusts (“REITs”).
Through its fundamental research and proprietary screening, GW&K Investment Management, LLC, the subadviser to the Fund (“GW&K” or the “Subadviser”), seeks to identify well-managed, undervalued companies with improving fundamental and financial characteristics. GW&K seeks to assemble a portfolio of securities diversified as to companies and sectors.
SKSIX - Performance
Return Ranking - Trailing
| Period | SKSIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.7% | -8.5% | 32.6% | 56.38% |
| 1 Yr | 10.5% | -8.7% | 31.7% | 55.62% |
| 3 Yr | 4.0%* | -13.5% | 40.6% | 30.83% |
| 5 Yr | 8.7%* | -11.0% | 31.2% | 40.56% |
| 10 Yr | N/A* | -3.4% | 12.6% | 29.30% |
* Annualized
Return Ranking - Calendar
| Period | SKSIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.7% | -19.9% | 29.0% | 31.55% |
| 2022 | -16.8% | -59.3% | 118.2% | 20.77% |
| 2021 | 15.2% | -31.6% | 39.3% | 28.71% |
| 2020 | -28.0% | -51.0% | 39.5% | 99.00% |
| 2019 | 19.9% | -5.6% | 37.8% | 57.95% |
Total Return Ranking - Trailing
| Period | SKSIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.7% | -8.5% | 32.6% | 56.38% |
| 1 Yr | 10.5% | -8.7% | 31.7% | 55.62% |
| 3 Yr | 4.0%* | -13.5% | 40.6% | 30.83% |
| 5 Yr | 8.7%* | -11.0% | 31.2% | 40.56% |
| 10 Yr | N/A* | -3.4% | 12.6% | 28.13% |
* Annualized
Total Return Ranking - Calendar
| Period | SKSIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.7% | -11.7% | 31.8% | 31.93% |
| 2022 | -15.2% | -45.2% | 123.7% | 30.77% |
| 2021 | 33.2% | 0.0% | 45.6% | 4.88% |
| 2020 | 3.5% | -50.5% | 46.9% | 83.77% |
| 2019 | 28.9% | 2.2% | 40.9% | 14.02% |
NAV & Total Return History
SKSIX - Holdings
Concentration Analysis
| SKSIX | Category Low | Category High | SKSIX % Rank | |
|---|---|---|---|---|
| Net Assets | 258 M | 555 K | 167 B | 64.64% |
| Number of Holdings | 90 | 2 | 2445 | 72.43% |
| Net Assets in Top 10 | 55 M | 124 K | 10.3 B | 59.70% |
| Weighting of Top 10 | 22.53% | 3.1% | 100.1% | 32.06% |
Top 10 Holdings
- Piper Sandler Cos 2.58%
- Boot Barn Holdings Inc 2.43%
- Primoris Services Corp 2.35%
- Group 1 Automotive Inc 2.34%
- PJT Partners Inc 2.30%
- Integer Holdings Corp 2.21%
- Independence Realty Trust Inc 2.18%
- Federal Agricultural Mortgage Corp 2.11%
- Walker Dunlop Inc 2.03%
- Selective Insurance Group Inc 2.01%
Asset Allocation
| Weighting | Return Low | Return High | SKSIX % Rank | |
|---|---|---|---|---|
| Stocks | 99.23% | 4.44% | 107.74% | 24.14% |
| Other | 1.56% | -0.07% | 50.79% | 13.88% |
| Preferred Stocks | 0.00% | 0.00% | 5.13% | 80.99% |
| Convertible Bonds | 0.00% | 0.00% | 3.17% | 81.71% |
| Cash | 0.00% | 0.00% | 27.02% | 99.43% |
| Bonds | 0.00% | 0.00% | 102.81% | 82.51% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SKSIX % Rank | |
|---|---|---|---|---|
| Financial Services | 26.74% | 0.00% | 35.52% | 1.73% |
| Industrials | 14.89% | 2.46% | 37.42% | 78.85% |
| Real Estate | 10.77% | 0.00% | 29.43% | 7.31% |
| Energy | 9.58% | 0.00% | 37.72% | 5.00% |
| Healthcare | 9.38% | 0.00% | 26.53% | 79.23% |
| Consumer Cyclical | 8.39% | 0.99% | 47.79% | 81.92% |
| Technology | 6.62% | 0.00% | 43.95% | 98.27% |
| Basic Materials | 4.72% | 0.00% | 18.66% | 50.19% |
| Utilities | 4.09% | 0.00% | 18.58% | 14.81% |
| Consumer Defense | 2.99% | 0.00% | 18.87% | 78.08% |
| Communication Services | 1.83% | 0.00% | 14.85% | 72.88% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SKSIX % Rank | |
|---|---|---|---|---|
| US | 99.23% | 2.58% | 107.74% | 21.86% |
| Non US | 0.00% | 0.00% | 97.07% | 84.79% |
SKSIX - Expenses
Operational Fees
| SKSIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.99% | 0.01% | 38.30% | 56.87% |
| Management Fee | 0.70% | 0.00% | 1.50% | 45.80% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.15% | 0.01% | 0.45% | 72.56% |
Sales Fees
| SKSIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| SKSIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 57.53% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| SKSIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 41.00% | 1.00% | 314.00% | 46.80% |
SKSIX - Distributions
Dividend Yield Analysis
| SKSIX | Category Low | Category High | SKSIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.04% | 0.00% | 42.47% | 31.56% |
Dividend Distribution Analysis
| SKSIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| SKSIX | Category Low | Category High | SKSIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.48% | -2.40% | 2.49% | 30.77% |
Capital Gain Distribution Analysis
| SKSIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 16, 2024 | $0.315 | OrdinaryDividend |
| Dec 16, 2024 | $0.339 | CapitalGainShortTerm |
| Dec 16, 2024 | $2.034 | CapitalGainLongTerm |
| Dec 14, 2023 | $0.253 | OrdinaryDividend |
| Dec 14, 2023 | $0.255 | CapitalGainLongTerm |
| Dec 15, 2022 | $0.491 | OrdinaryDividend |
| Dec 15, 2021 | $0.775 | OrdinaryDividend |
| Aug 05, 2021 | $3.720 | OrdinaryDividend |
| Dec 09, 2020 | $11.591 | OrdinaryDividend |
| Dec 16, 2019 | $0.244 | OrdinaryDividend |
| Dec 16, 2019 | $2.539 | CapitalGainLongTerm |
| Dec 27, 2018 | $0.385 | CapitalGainShortTerm |
| Dec 27, 2018 | $4.251 | CapitalGainLongTerm |
| Dec 27, 2017 | $0.756 | CapitalGainShortTerm |
| Dec 27, 2017 | $2.212 | CapitalGainLongTerm |
SKSIX - Fund Manager Analysis
Managers
Daniel Miller
Start Date
Tenure
Tenure Rank
Dec 04, 2020
1.49
1.5%
Dan is responsible for overseeing all aspects of our Equity teams, including portfolio management, research, and trading. He also is a member of the firm’s Management, Investment and ESG Committees. Dan brings more than three decades of industry experience to GW&K. Prior to joining the firm, Dan worked with various companies in the Boston area as an Investment and Financial Consultant. Previously he spent 21 years at Putnam Investments in Boston, where he was Chief Investment Officer for the Specialty Growth Group overseeing a team of twenty and up to $100 billion in assets under management. He was a portfolio management team member of several small and mid cap growth funds, and the lead manager for the Putnam New Opportunities Fund since its inception in 1990. Dan was also a member of Putnam’s Management Committee and Partners Group. He began his career as an Analyst at Morgan Stanley. Dan graduated from the University of California, Berkeley and received his MBA from Stanford University Graduate School of Business. He earned the CFA designation and is a member of the CFA Institute and the CFA Society Boston.
Jeffrey Whitney
Start Date
Tenure
Tenure Rank
Dec 04, 2020
1.49
1.5%
Jeff is a Portfolio Manager for the GW&K Small Cap Value Strategy and is a member of the firm’s Investment Committee. Jeff also provides research support for our other equity strategies. As a seasoned analyst with extensive experience covering the Financial Services sector he identifies investment opportunities and analyzes companies within this sector, with a greater focus on the small and mid cap market segments. Jeff also serves as the lead analyst on our Equity Dividend Plus Strategy given its typically large weighting in Financial stocks. Prior to joining the firm he was an Assistant Portfolio Manager at ING Investment Management and a Vice President and Equity Analyst at J.P. Morgan Fleming Asset Management. He started his investment career in 1992 working for Dean Witter Intercapital as an Investment Management Associate. Jeff earned a BS in Finance from Central Connecticut State University and an MBA from Vanderbilt University. He also earned the CFA designation and is a member of the CFA Institute.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 49.61 | 7.17 | 2.58 |
