Fund Overview Fund Overview Call Us Advisors: 800.368.4410 Investors: 800.548.4539 Investment Style AMG River Road Focused Absolute Value Fund has an Equity Income Objective, seeking to achieve income and capital appreciation. Large Mid Small Value Blend Growth Equity Objective AMG River Road Focused Absolute Value Fund is categorized as Mid-Value. It invests in medium-cap companies with low risk. Morningstar Ratings Risk-adjusted returns as of 03/31/2026 Overall Rating (of 388) 3 Years (of 388) 5 Years (of 367) 10 Years — Category Mid-Cap Value Read Important Investment Disclosures Performance Performance Read Important Investment Disclosures Portfolio & Holdings Portfolio & Holdings About the Affiliate About River Road Asset Management River Road Asset Management was established in 2005 and provides institutional separate account and investment sub-advisory services to a broad range of domestic and international clients. The firm was founded upon a proprietary Absolute Value® investment discipline. This approach was developed by River Road’s founders and occupies a distinct niche within value investing styles. Learn More About River Road Asset Management's Approach FOUNDED 2005 AMG AFFILIATE SINCE 2014 HEADQUARTERS Louisville, KY Portfolio Managers R. Andrew Beck CHIEF EXECUTIVE OFFICER, SENIOR PORTFOLIO MANAGER Read full bio J. Alex Brown CHIEF INVESTMENT OFFICER Read full bio Ashley Abney, CPA ASSOCIATE PORTFOLIO MANAGER, DERIVED STRATEGIES Read full bio R. Andrew Beck CHIEF EXECUTIVE OFFICER, SENIOR PORTFOLIO MANAGER Andrew is a co-founder of River Road and is responsible for formulating and driving the firm’s overall business strategy as Chief Executive Officer. He is also directly engaged with several key strategies, serving as Senior Portfolio manager for River Road’s Small Cap Value and Small-Mid Cap Value strategies, a portfolio manager for the Mid Cap Value Portfolio, and a supervising portfolio manager for the Focused Absolute Value® portfolios. Andrew earned his BS in Finance at the University of Louisville and MBA at Babson College, and served as Senior Research Analyst, Senior Vice President, and Portfolio Manager and SMC Capital Inc. He has been with River Road since its inception in 2005 and holds equity in the firm. J. Alex Brown CHIEF INVESTMENT OFFICER As Chief Investment Officer, Alex leads the research and data management functions and ensures that the firm’s various strategies align with its overall investment philosophy. He also serves as supervising portfolio manager for River Road’s Focused Absolute Value® portfolios and previously served as the firm’s Director of Research. His previous experience includes positions with Wachovia Banking and the US Air Force. He is a non-voting member of the Executive Committee and a member of the Investment Oversight Committee. Alex holds an MBA from Harvard Business School and BA in Operations Research from the United States Air Force Academy. Alex joined River Road in 2010 and holds equity in the firm. Ashley Abney, CPA ASSOCIATE PORTFOLIO MANAGER, DERIVED STRATEGIES As Associate Portfolio Manager for River Road’s Focused Absolute Value® portfolios, Ashley is responsible for operational and trading activities while working with supervising portfolio managers to manage client communications. She also maintains select analyst responsibilities and serves as analyst support for other strategies at the firm. Ashley earned her BS in Economics at Centre College, holds a CPA designation and is a member of the Kentucky Society of CPAs. She joined River Road in 2006 after previous experience at Associated Insurance Services and holds equity in the firm. Investment Approach Investment Approach AMG River Road Focused Absolute Value Fund A relatively concentrated portfolio of River Road’s best core ideas, the Fund is comprised of equity securities of U.S. and non-U.S. companies of all market capitalizations. The Fund’s Absolute Value® approach utilizes systematic and dynamic proprietary research to target companies exhibiting: Financial strength at attractive prices Shareholder-oriented management teams Undiscovered, under-followed, misunderstood companies with attractive business models Related products Other Products From River Road Asset Management ARDEX AMG River Road Dividend All Cap Value Fund View Fund Details FQUAX AMG River Road Large Cap Value Select Fund View Fund Details CHTTX AMG River Road Mid Cap Value Fund View Fund Details ARSVX AMG River Road Small Cap Value Fund View Fund Details ARSMX AMG River Road Small-Mid Cap Value Fund View Fund Details Stay up-to-date Sign up to receive our latest views and thinking, in addition to other news and product-related information. CHOOSE SUBSCRIPTIONS