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ISIN
US00170J7717
CUSIP
00170J771
Issuer
AMG
Inception Date
Sep 24, 1997
Min. Investment
$100,000
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Small-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

MSSCX Performance Chart

AMG Frontier Small Cap Growth Fund (MSSCX) is up 22.1% since the beginning of the year. MSSCX is currently trading at $12 per share. Investors who bought $1,000 worth of MSSCX shares 5 years ago would now be looking at an investment worth $1,445.


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S&P 500 Index

Returns By Period

AMG Frontier Small Cap Growth Fund (MSSCX) has returned 22.12% so far this year and 39.71% over the past 12 months. Looking at the last ten years, MSSCX has achieved an annualized return of 16.55%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.


AMG Frontier Small Cap Growth Fund

1D
1.94%
1M
2.21%
YTD
22.12%
6M
19.09%
1Y
39.71%
3Y*
14.14%
5Y*
7.64%
10Y*
16.55%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MSSCX Monthly Returns History

Based on dividend-adjusted daily data since Sep 25, 1997, MSSCX's average daily return is +0.05%, while the average monthly return is +0.98%. At this rate, an investment would double in approximately 5.9 years.

Historically, 61% of months were positive and 39% were negative. The best month was Feb 2000 with a return of +27.7%, while the worst month was Mar 2020 at -24.7%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 5 months.

On a daily basis, MSSCX closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +11.3%, while the worst single day was Mar 16, 2020 at -16.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20265.50%3.61%-5.52%10.45%7.14%-0.09%22.12%
20255.58%-7.55%-12.14%-1.20%6.72%8.06%2.21%3.99%1.21%3.68%0.94%-2.17%7.63%
2024-1.51%8.37%3.81%-5.45%5.10%-1.27%3.42%-2.07%1.48%1.46%7.68%-9.16%10.88%
202311.76%-2.15%-1.42%-1.18%4.12%11.37%2.18%-4.38%-5.87%-10.10%9.02%10.85%23.41%
2022-9.57%1.60%-0.36%-10.69%1.90%-8.81%10.54%-1.46%-10.62%8.72%4.56%-6.61%-21.47%
20215.05%9.36%-3.55%4.16%0.38%0.46%-1.90%2.25%-3.57%5.43%-5.82%4.07%16.33%

Benchmark Metrics

AMG Frontier Small Cap Growth Fund has an annualized alpha of 2.04%, beta of 1.08, and R2 of 0.69 versus S&P 500 Index. Calculated based on daily prices since September 25, 1997.

  • This fund captured 137.36% of S&P 500 Index gains and 123.96% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • This fund generated an annualized alpha of 2.04% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • With beta of 1.08 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
2.04%
Beta
1.08
0.69
Upside Capture
137.36%
Downside Capture
123.96%

Expense Ratio

MSSCX has a high expense ratio of 0.94%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

MSSCX ranks 46 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


MSSCX Risk / Return Rank: 4646
Overall Rank
MSSCX Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
MSSCX Sortino Ratio Rank: 2929
Sortino Ratio Rank
MSSCX Omega Ratio Rank: 2929
Omega Ratio Rank
MSSCX Calmar Ratio Rank: 8383
Calmar Ratio Rank
MSSCX Martin Ratio Rank: 5858
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for AMG Frontier Small Cap Growth Fund (MSSCX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


MSSCXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.50

Sortino ratioReturn per unit of downside risk

-0.69

Omega ratioGain probability vs. loss probability

1.26

1.37

-0.10

Calmar ratioReturn relative to maximum drawdown

3.68

2.78

+0.90

Martin ratioReturn relative to average drawdown

11.00

12.44

-1.44

Dividends

Dividend History

AMG Frontier Small Cap Growth Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.


0.00%10.00%20.00%30.00%40.00%50.00%60.00%$0.00$1.00$2.00$3.00$4.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.00$0.00$0.81$0.10$0.00$3.91$0.38$1.45$4.05$3.00$0.05$3.04

Dividend yield

0.00%0.00%9.23%1.14%0.00%43.52%3.34%17.24%59.21%27.92%0.43%28.21%

Monthly Dividends

The table displays the monthly dividend distributions for AMG Frontier Small Cap Growth Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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$0.00$0.00
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.81$0.81
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.10$0.10
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.91$3.91

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 Frontier Small Cap Growth 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 Frontier Small Cap Growth Fund was 78.46%, occurring on Oct 9, 2002. Recovery took 2869 trading sessions.

The current AMG Frontier Small Cap Growth Fund drawdown is 0.26%.


Related event

Drawdown

Fall

Recovery

Underwater

Dot-com crash2000–2002
-78.46%Oct 2002
2y 7mo11y 5mo
14y 2dMar 2000 - Mar 2014
COVID crash2020
-46.70%Mar 2020
26d5mo 17d
6mo 13dFeb 2020 - Sep 2020
1998 bear market1998
-41.11%Oct 1998
5mo 20d3mo 2d
8mo 22dApr 1998 - Jan 1999
2016 bear market2016
-33.21%Feb 2016
7mo 22d1y 5mo
2y 26dJun 2015 - Jul 2017
2025 selloff2025
-33.02%Apr 2025
4mo 13d6mo 22d
11mo 5dNov 2024 - Oct 2025

Drawdown Indicators


MSSCXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-78.46%

-56.78%

-21.68%

Max Drawdown (1Y)

Largest decline over 1 year

-10.80%

-9.10%

-1.70%

Max Drawdown (3Y)

Largest decline over 3 years

-33.02%

-18.90%

-14.12%

Max Drawdown (5Y)

Largest decline over 5 years

-33.02%

-25.43%

-7.59%

Max Drawdown (10Y)

Largest decline over 10 years

-46.70%

-33.92%

-12.78%

Current Drawdown

Current decline from peak

-0.26%

-1.80%

+1.54%

Average Drawdown

Average peak-to-trough decline

-28.16%

-10.71%

-17.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.59%

2.03%

+1.56%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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