Fund Overview

Share Class

Z

NAV | as of 02/27/2024

$17.35
+$0.10 (+0.58%)

Morningstar | Style Box

V B G L M S

Growth of $10,000 (Hypothetical)

Since Inception 08/31/2021 to 01/31/2024 = $9,245.48

  • 3YR
  • 5YR
  • 10YR
  • INCEP.
INCEP.
  • 3YR
  • 5YR
  • 10YR
  • INCEP.
SEE ALL PERFORMANCE

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month-end please call 800.548.4539. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown.

Objective

The Fund seeks to provide long-term capital appreciation by investing in small to mid cap stocks exhibiting consistent, sustainable earnings growth.

Why Consider

  • Provides investors with exposure to a portfolio of small and mid cap growth companies
  • Manages risk with a sell discipline and exposure limits for each company and diversification of sector and growth profiles embedded in the portfolio construction process
  • Employs a fundamental, research-oriented investment process that is built on the belief that a company’s ability to generate consistent, long-term sustainable earnings growth will drive enhanced stock price performance over time

Performance

Performance

Read Important Investment Disclosures

Returns

Trailing Returns

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month-end please call 800.548.4539. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown. Returns for periods shorter than one year are not annualized.

Expense Ratios

  • Gross Expense Ratio: 1.07%
  • Net Expense Ratio: 0.82%
  • Expense Cap Expiration Date: 03/01/2024

Portfolio & Holdings

Portfolio & Holdings

Top Holdings (Equity)

As of: 12/31/2023

Atkore Inc 2.39%
Five Below Inc 2.37%
Manhattan Associates Inc 2.36%
Entegris Inc 2.35%
RBC Bearings Inc 2.31%
Globant SA 2.30%
CyberArk Software Ltd 2.13%
Texas Roadhouse Inc, Class A 2.09%
SiteOne Landscape Supply Inc 2.04%
Azenta Inc 2.03%
% in Top 10 Holdings 22.37%
View Holding Details Read Important Investment Disclosures

Sector Allocation (Equity)

As of: 12/31/2023

View Allocation Details

About the Affiliate

About GW&K Investment Management

GW&K Investment Management is a dynamic investment management firm that offers asset allocation, active equity, and fixed income investment solutions to help meet the needs of a diverse client base. GW&K’s founding principles of applying rigorous fundamental research, focusing on quality, and maintaining a long-term view still guide its investment process today.

Learn More About GW&K Investment Management's Approach

FOUNDED

1974

AMG AFFILIATE SINCE

2008

HEADQUARTERS

Boston, MA

Portfolio Managers

Daniel L. Miller, CFA

PARTNER AND DIRECTOR OF EQUITIES

Read full bio
Joseph C. Craigen, CFA

PARTNER AND PORTFOLIO MANAGER

Read full bio

Investment Approach

Investment Approach

GW&K Small/Mid Cap Growth Fund

The Fund primarily invests in small and mid cap growth companies. The Fund identifies new investments based on five attributes:

  • Company Management: The Fund seeks companies with experienced, tenured, high-quality management
  • Growth Profile: The Fund favors companies with business models that have typically delivered consistent long-term growth
  • Market Positioning: The Fund targets leading companies in attractive and defensible niche markets
  • Financial Strength: The Fund invests in companies with strong financial characteristics
  • Valuation: The Fund will seek attractive valuation relative to industry, peers, and own company history

The Fund will ordinarily invest in approximately 55-85 stocks. GW&K intends for the Fund’s portfolio to be diversified as to companies and industries.

Additional Fund Highlight

Risk management parameters, including exposure limits for each company and diversification of sector and growth profiles, are embedded in the portfolio construction process.

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