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AMG Veritas Global Real Return Fund (BLUEX)

Mutual Fund · Currency in USD · Last updated Apr 1, 2023

The fund primarily invests in equity securities listed or traded on exchanges. The adviser intends to invest primarily in developed markets and economies, although it may invest in emerging markets. It may invest up to 25% of its net assets in emerging market countries. The fund will generally invest in mid-to large-capitalization companies, although the fund may also invest in small-capitalization companies. It is non-diversified.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in AMG Veritas Global Real Return Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $50,840 for a total return of roughly 408.40%. All prices are adjusted for splits and dividends.


300.00%400.00%500.00%600.00%700.00%800.00%NovemberDecember2023FebruaryMarch
408.40%
742.02%
BLUEX (AMG Veritas Global Real Return Fund)
Benchmark (^GSPC)

S&P 500

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Return

AMG Veritas Global Real Return Fund had a return of 7.90% year-to-date (YTD) and -6.81% in the last 12 months. Over the past 10 years, AMG Veritas Global Real Return Fund had an annualized return of 11.48%, outperforming the S&P 500 benchmark which had an annualized return of 10.16%.


PeriodReturnBenchmark
1 month4.58%3.51%
Year-To-Date7.90%7.03%
6 months9.48%12.88%
1 year-6.81%-10.71%
5 years (annualized)9.89%9.25%
10 years (annualized)11.48%10.16%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20235.08%-1.81%
2022-7.37%1.64%3.88%-2.53%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current AMG Veritas Global Real Return Fund Sharpe ratio is -0.31. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.50-1.00-0.500.00NovemberDecember2023FebruaryMarch
-0.31
-0.46
BLUEX (AMG Veritas Global Real Return Fund)
Benchmark (^GSPC)

Dividend History

AMG Veritas Global Real Return Fund granted a 10.98% dividend yield in the last twelve months. The annual payout for that period amounted to $3.73 per share.


PeriodTTM20222021202020192018201720162015
Dividend$3.73$3.73$11.25$12.96$6.52$5.36$0.00$0.00$0.08

Dividend yield

10.98%11.84%30.60%36.45%24.70%27.50%0.00%0.00%0.55%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00
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
2021$0.00$0.00$11.25$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$12.96
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$6.52
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$5.36
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2015$0.08

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%NovemberDecember2023FebruaryMarch
-14.70%
-14.33%
BLUEX (AMG Veritas Global Real Return Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the AMG Veritas Global Real Return Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the AMG Veritas Global Real Return Fund is 62.97%, recorded on Mar 9, 2009. It took 2110 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-62.97%Mar 24, 20002244Mar 9, 20092110Jul 26, 20174354
-51.28%Oct 14, 1997258Oct 8, 1998301Dec 3, 1999559
-29.06%Feb 20, 202023Mar 23, 202072Jul 6, 202095
-25.9%Oct 2, 201858Dec 24, 2018120Jun 18, 2019178
-25.35%Feb 17, 2021434Nov 3, 2022
-20.36%Sep 14, 199585Jan 10, 199693May 20, 1996178
-15.75%Jun 6, 199634Jul 23, 199646Sep 25, 199680
-13.35%Mar 18, 199424Apr 20, 1994235Mar 15, 1995259
-12.3%Dec 7, 199923Jan 6, 200020Feb 4, 200043
-9.87%Sep 3, 20203Sep 8, 202023Oct 9, 202026

Volatility Chart

Current AMG Veritas Global Real Return Fund volatility is 9.98%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%20.00%40.00%60.00%80.00%100.00%NovemberDecember2023FebruaryMarch
9.98%
15.42%
BLUEX (AMG Veritas Global Real Return Fund)
Benchmark (^GSPC)