AMG GW&K ESG Bond Fund (MGFIX)
Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in bonds (debt securities). The term “bond” includes any debt or fixed income securities. Up to 30% of its assets may be invested in below investment grade securities (commonly known as “junk bonds” or “high yield securities”). Up to 10% of the fund’s assets may be invested in non-U.S. dollar-denominated instruments, including sovereign and corporate bonds.
Fund Info
ISIN | US00170L8422 |
---|---|
CUSIP | 00170L842 |
Issuer | AMG |
Inception Date | Jun 1, 1984 |
Category | Intermediate Core-Plus Bond |
Min. Investment | $2,000 |
Asset Class | Bond |
Expense Ratio
MGFIX has a high expense ratio of 0.68%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: MGFIX vs. VBTLX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AMG GW&K ESG Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
AMG GW&K ESG Bond Fund had a return of -2.24% year-to-date (YTD) and -0.08% in the last 12 months. Over the past 10 years, AMG GW&K ESG Bond Fund had an annualized return of 1.56%, while the S&P 500 had an annualized return of 10.41%, indicating that AMG GW&K ESG Bond Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | -2.24% | 6.17% |
1 month | -0.91% | -2.72% |
6 months | 5.10% | 17.29% |
1 year | -0.08% | 23.80% |
5 years (annualized) | 0.36% | 11.47% |
10 years (annualized) | 1.56% | 10.41% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -0.14% | -1.34% | 0.99% | -2.44% | ||||||||
2023 | -1.81% | 5.12% | 4.05% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MGFIX is 8, indicating that it is in the bottom 8% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
AMG GW&K ESG Bond Fund(MGFIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AMG GW&K ESG Bond Fund (MGFIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AMG GW&K ESG Bond Fund granted a 3.23% dividend yield in the last twelve months. The annual payout for that period amounted to $0.68 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.68 | $0.64 | $0.51 | $2.85 | $0.95 | $1.14 | $0.99 | $1.03 | $1.30 | $1.09 | $1.03 | $0.89 |
Dividend yield | 3.23% | 2.94% | 2.41% | 11.45% | 3.38% | 4.22% | 3.89% | 3.81% | 4.96% | 4.17% | 3.68% | 3.26% |
Monthly Dividends
The table displays the monthly dividend distributions for AMG GW&K ESG Bond 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.06 | $0.06 | $0.06 | $0.06 | ||||||||
2023 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 |
2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.09 |
2021 | $0.07 | $0.06 | $1.86 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.61 |
2020 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.07 | $0.13 |
2019 | $0.08 | $0.07 | $0.10 | $0.11 | $0.08 | $0.08 | $0.08 | $0.08 | $0.07 | $0.07 | $0.08 | $0.24 |
2018 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.06 | $0.07 | $0.07 | $0.26 |
2017 | $0.08 | $0.07 | $0.07 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.05 | $0.06 | $0.29 |
2016 | $0.06 | $0.06 | $0.07 | $0.08 | $0.09 | $0.09 | $0.08 | $0.08 | $0.09 | $0.09 | $0.08 | $0.45 |
2015 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.03 | $0.06 | $0.06 | $0.06 | $0.07 | $0.07 | $0.47 |
2014 | $0.08 | $0.07 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.28 |
2013 | $0.08 | $0.06 | $0.07 | $0.07 | $0.09 | $0.07 | $0.06 | $0.07 | $0.08 | $0.08 | $0.08 | $0.09 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the AMG GW&K ESG Bond 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 GW&K ESG Bond Fund was 23.67%, occurring on Oct 31, 2008. Recovery took 196 trading sessions.
The current AMG GW&K ESG Bond Fund drawdown is 10.62%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-23.67% | May 21, 2008 | 114 | Oct 31, 2008 | 196 | Aug 13, 2009 | 310 |
-18.09% | Jan 4, 2021 | 456 | Oct 24, 2022 | — | — | — |
-12.21% | Oct 21, 1993 | 181 | Jun 30, 1994 | 211 | Apr 21, 1995 | 392 |
-11.9% | Mar 9, 2020 | 11 | Mar 23, 2020 | 83 | Jul 21, 2020 | 94 |
-8.16% | Feb 14, 1996 | 60 | May 7, 1996 | 118 | Oct 18, 1996 | 178 |
Volatility
Volatility Chart
The current AMG GW&K ESG Bond Fund volatility is 1.79%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.