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Trending ETFs

AMG GW&K Municipal Enhanced SMA Shares

mutual fund
MESHX
Payout Change
Pending
Price as of:
$10.6 -0.01 -0.09%
primary theme
N/A
share class
SMA (MESHX)
MESHX (Mutual Fund)

AMG GW&K Municipal Enhanced SMA Shares

Payout Change
Pending
Price as of:
$10.6 -0.01 -0.09%
primary theme
N/A
share class
SMA (MESHX)
MESHX (Mutual Fund)

AMG GW&K Municipal Enhanced SMA Shares

Payout Change
Pending
Price as of:
$10.6 -0.01 -0.09%
primary theme
N/A
share class
SMA (MESHX)

Name

As of 12/11/2024

Price

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

AMG GW&K Municipal Enhanced SMA Shares

MESHX | Fund

$10.60

$97.8 M

4.32%

$0.46

0.18%

Vitals

YTD Return

5.0%

1 yr return

7.9%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$97.8 M

Holdings in Top 10

26.7%

52 WEEK LOW AND HIGH

$10.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.18%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/11/2024

Price

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

AMG GW&K Municipal Enhanced SMA Shares

MESHX | Fund

$10.60

$97.8 M

4.32%

$0.46

0.18%

MESHX - Profile

Distributions

  • YTD Total Return 5.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 4.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    AMG GW&K Municipal Enhanced SMA Shares
  • Fund Family Name
    AMGFUNDSGR
  • Inception Date
    Feb 28, 2023
  • Shares Outstanding
    N/A
  • Share Class
    SMA
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

In pursuing its investment objective, the Fund, under normal circumstances, invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in U.S. dollar-denominated fixed income securities, the income from which is exempt from federal income tax. In addition, up to 50% of the Fund’s net assets, plus the amount of any borrowings for investment purposes, may be invested in securities that are subject to the federal alternative minimum tax.
The Fund may invest up to 35% of its total assets in unrated securities, and may invest up to 50% of its total assets in unrated securities and below investment grade securities (commonly known as “junk bonds” or “high yield securities”). Below investment grade securities are rated below Baa3 by Moody’s Investors Service, Inc. (“Moody’s”) or below BBB- by S&P Global Ratings (“S&P”) or similarly rated by another nationally recognized statistical rating organization, or unrated but determined by GW&K to be of comparable credit quality. In cases where the credit ratings agencies have assigned different credit ratings to the same security, the security will be considered to have the higher credit rating. The Fund may continue to hold securities that are downgraded in credit rating subsequent to their purchase if GW&K believes it would be advantageous to do so. The Fund may invest in bonds of any maturity or duration and does not expect to target any specific range of maturity or duration. The Fund’s average weighted portfolio maturity and duration will vary from time to time depending on the Subadviser’s views on the direction of interest rates.
Although the Fund seeks to be diversified by geography and across sectors of the municipal bond market, the Fund may at times invest a significant portion of its assets in a particular state
or region or in a particular sector due to market conditions. GW&K may also allocate a significant portion of the Fund to a specific segment of the municipal bond yield. In particular, the Fund often favors bonds with more than 10 years to maturity that offer higher yields.
Read More

MESHX - Performance

Return Ranking - Trailing

Period MESHX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.0% N/A N/A N/A
1 Yr 7.9% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period MESHX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period MESHX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.0% N/A N/A N/A
1 Yr 7.9% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period MESHX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

NAV & Total Return History

MESHX - Holdings

Concentration Analysis

MESHX Category Low Category High MESHX % Rank
Net Assets 97.8 M N/A N/A N/A
Number of Holdings 120 N/A N/A N/A
Net Assets in Top 10 44.4 M N/A N/A N/A
Weighting of Top 10 26.70% N/A N/A N/A

Top 10 Holdings

  1. FICC 5.19%
  2. County of Jefferson AL Sewer Revenue 3.14%
  3. Rhode Island Health and Educational Building Corp 2.92%
  4. Pennsylvania Economic Development Financing Authority 2.52%
  5. Texas Private Activity Bond Surface Transportation Corp 2.49%
  6. North Carolina Turnpike Authority 2.27%
  7. Metropolitan Transportation Authority 2.26%
  8. Florida Housing Finance Corp 2.15%
  9. Massachusetts Development Finance Agency 2.01%
  10. Louisiana Stadium Exposition District 1.74%

Asset Allocation

Weighting Return Low Return High MESHX % Rank
Bonds 		94.76% N/A N/A N/A
Other 		5.19% N/A N/A N/A
Cash 		0.05% N/A N/A N/A
Stocks 		0.00% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High MESHX % Rank
Derivative 		0.00% N/A N/A N/A
Cash & Equivalents 		0.00% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High MESHX % Rank
US 		94.76% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

MESHX - Expenses

Operational Fees

MESHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.18% N/A N/A N/A
Management Fee 0.00% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

MESHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

MESHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

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.

MESHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

MESHX - Distributions

Dividend Yield Analysis

MESHX Category Low Category High MESHX % Rank
Dividend Yield 4.32% N/A N/A N/A

Dividend Distribution Analysis

MESHX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly

Net Income Ratio Analysis

MESHX Category Low Category High MESHX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

MESHX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

MESHX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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