- ISIN
- US00170J2015
- CUSIP
- 00170J201
- Issuer
- AMG
- Inception Date
- Jan 10, 1991
- Category
- Large Cap Growth Equities
- Min. Investment
- $2,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
BLUEX Performance Chart
AMG Veritas Global Real Return Fund (BLUEX) is down 6.6% since the beginning of the year. BLUEX is currently trading at $37 per share. Investors who bought $1,000 worth of BLUEX shares 5 years ago would now be looking at an investment worth $1,015.
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Returns By Period
AMG Veritas Global Real Return Fund (BLUEX) has returned -6.58% so far this year and -6.22% over the past 12 months. Over the last ten years, BLUEX has returned 9.39% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
AMG Veritas Global Real Return Fund
- 1D
- -1.34%
- 1M
- 0.16%
- YTD
- -6.58%
- 6M
- -6.15%
- 1Y
- -6.22%
- 3Y*
- 3.42%
- 5Y*
- 0.30%
- 10Y*
- 9.39%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
BLUEX Monthly Returns History
Based on dividend-adjusted daily data since Jan 10, 1991, BLUEX's average daily return is +0.04%, while the average monthly return is +0.84%. At this rate, an investment would double in approximately 6.9 years.
Historically, 61% of months were positive and 39% were negative. The best month was Feb 2000 with a return of +14.0%, while the worst month was Aug 1998 at -21.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, BLUEX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +8.6%, while the worst single day was Mar 16, 2020 at -12.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.82% | -0.63% | -6.39% | 2.92% | 0.77% | -1.37% | -6.58% | ||||||
| 2025 | 4.34% | -2.16% | 0.74% | 0.68% | 0.73% | 1.34% | -3.76% | 3.39% | -0.84% | 0.25% | -0.20% | 0.11% | 4.45% |
| 2024 | 0.78% | 1.68% | 2.38% | -3.23% | 2.00% | -1.15% | 4.75% | 1.14% | 1.38% | -1.46% | 0.08% | -1.08% | 7.24% |
| 2023 | 5.08% | -1.81% | 4.58% | 2.32% | -3.28% | 3.15% | 2.48% | -0.31% | -4.15% | -2.00% | 4.41% | 3.60% | 14.35% |
| 2022 | -2.17% | 0.25% | -0.07% | -5.62% | 0.97% | -2.71% | 3.06% | -4.01% | -7.37% | 1.64% | 3.88% | -2.53% | -14.30% |
| 2021 | -0.31% | 4.63% | -4.60% | 5.51% | 0.12% | -0.26% | 1.63% | -0.57% | -1.42% | 0.55% | -4.36% | 2.78% | 3.22% |
Benchmark Metrics
AMG Veritas Global Real Return Fund has an annualized alpha of 1.45%, beta of 0.86, and R2 of 0.69 versus S&P 500 Index. Calculated based on daily prices since January 11, 1991.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (88.45%) than losses (88.30%) - typical of diversified or defensive assets.
- With beta of 0.86 and R2 of 0.69, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.45%
- Beta
- 0.86
- R²
- 0.69
- Upside Capture
- 88.45%
- Downside Capture
- 88.30%
Expense Ratio
BLUEX has a high expense ratio of 1.15%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
BLUEX ranks 1 for risk / return — in the bottom 1% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for AMG Veritas Global Real Return Fund (BLUEX) and compare them to S&P 500 Index.
| BLUEX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.91 | ||
| Sortino ratioReturn per unit of downside risk | -3.95 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.41 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | 2.93 | -3.47 |
| Martin ratioReturn relative to average drawdown | -1.37 | 13.52 | -14.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
AMG Veritas Global Real Return Fund provided a 0.33% dividend yield over the last twelve months, with an annual payout of $0.12 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.12 | $0.12 | $0.11 | $0.01 | $3.73 | $11.17 | $12.96 | $6.52 | $5.36 | $0.00 | $0.00 | $0.08 |
Dividend yield | 0.33% | 0.31% | 0.29% | 0.03% | 11.84% | 27.20% | 25.43% | 13.71% | 13.40% | 0.00% | 0.00% | 0.24% |
Monthly Dividends
The table displays the monthly dividend distributions for AMG Veritas Global Real Return Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.73 | $3.73 |
| 2021 | $0.00 | $0.00 | $11.17 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $11.17 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the AMG Veritas Global Real Return Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the AMG Veritas Global Real Return Fund was 54.27%, occurring on Mar 9, 2009. Recovery took 1442 trading sessions.
The current AMG Veritas Global Real Return Fund drawdown is 8.53%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -54.27%Mar 2009 | 1y 2mo | 5y 8mo | 6y 11moDec 2007 - Nov 2014 |
Dot-com crash2000–2002 | -47.03%Jul 2002 | 2y 4mo | 3y 5mo | 5y 9moMar 2000 - Jan 2006 |
1998 bear market1998 | -43.02%Oct 1998 | 11mo 29d | 9mo 11d | 1y 9moOct 1997 - Jul 1999 |
COVID crash2020 | -29.06%Mar 2020 | 1mo 2d | 3mo 15d | 4mo 17dFeb 2020 - Jul 2020 |
Rate-hike selloffLate 2018 | -25.90%Dec 2018 | 2mo 23d | 5mo 26d | 8mo 19dOct 2018 - Jun 2019 |
Drawdown Indicators
| BLUEX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.27% | -56.78% | +2.51% |
Max Drawdown (1Y)Largest decline over 1 year | -12.19% | -9.10% | -3.09% |
Max Drawdown (3Y)Largest decline over 3 years | -12.19% | -18.90% | +6.71% |
Max Drawdown (5Y)Largest decline over 5 years | -21.87% | -25.43% | +3.56% |
Max Drawdown (10Y)Largest decline over 10 years | -29.06% | -33.92% | +4.86% |
Current DrawdownCurrent decline from peak | -8.53% | -0.74% | -7.79% |
Average DrawdownAverage peak-to-trough decline | -13.37% | -10.72% | -2.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.85% | 1.97% | +2.88% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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