Fund Overview Fund Overview Call Us Advisors: 800.368.4410 Investors: 800.548.4539 Share Class I N I Z NAV | as of 02/27/2026 $16.32 -$0.13 (-0.79%) Morningstar | Style Box V B G L M S Morningstar Rating Rated against 469 Mid-Cap Growth funds as of 01/31/2026 View Morningstar Details Growth of $10,000 (Hypothetical) Since Inception 02/24/2017 to 01/31/2026 = $27,247.40 From: To: 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. Read Important Investment Disclosures Objective Seeks to provide long-term capital appreciation by investing primarily in mid cap companies. Why Consider May be appropriate for investors looking to gain exposure to mid cap companies TimesSquare leverages its wealth of experience investing in growing companies climbing the capitalization ladder, relying on bottom-up research to identify growth businesses with exceptional management, distinct, sustainable competitive advantages and consistent growth Documents Fact Sheet Commentary Summary Prospectus Prospectus SAI Annual Report - Class N Semi-Annual Report - Class N Annual Report - Class I Semi-Annual Report - Class I Annual Report - Class Z Semi-Annual Report - Class Z Annual Financial Statements and Other Information Semi-Annual Financial Statements and Other Information Q1 Holdings Q3 Holdings All Holdings Distributions View All Documents Investment Style AMG TimesSquare Mid Cap Growth Fund has an Equity Income Objective, seeking to achieve income and capital appreciation. Large Mid Small Value Blend Growth Equity Objective AMG TimesSquare Mid Cap Growth Fund is categorized as Mid-Growth. It invests in medium-cap companies with high risk. Morningstar Ratings Risk-adjusted returns as of 01/31/2026 Overall Rating (of 469) 3 Years (of 469) 5 Years (of 445) 10 Years — Category Mid-Cap Growth Read Important Investment Disclosures Sonu Chawla PARTNER, PORTFOLIO MANAGER OF TIMESSQUARE Ms. Chawla is a Partner and Portfolio Manager in TimesSquare’s growth equity group and has 22 years of experience. She is responsible for research coverage of the Software, Technology Services, and Internet & Communications sectors within the technology, media and telecommunications (“TMT”) industry. Ms. Chawla joined TimesSquare in August 2018 from Pine River Capital Management, a multi-strategy hedge fund where she was a Senior Analyst covering TMT sectors across Software, Internet, Services, Hardware and Telecom. Her previous research analyst experiences were as a Senior TMT Analyst at Surveyor Capital platform of Citadel and an Analyst at Fred Alger Management. Sonu has an M.S. in Mathematics and Computer Science from Indian Institute of Technology, Delhi and an M.B.A from Kellogg School of Management at Northwestern University. She is a member of the CFA Institute and the CFA Society New York. Sonu is conversational in Hindi. Grant R. Babyak CHIEF EXECUTIVE OFFICER, PARTNER AND PORTFOLIO MANAGER OF TIMESSQUARE Mr. Babyak is the Chief Executive Officer of TimesSquare, Partner and Portfolio Manager in TimesSquare’s growth equity group. Prior to joining TimesSquare in 2000, Mr. Babyak managed small cap and mid cap portfolios at Fiduciary Trust Company International. He previously worked for six years at Avatar Associates as an institutional portfolio manager and for two years at U.S. Trust Company of New York as an analyst covering the consumer and basic industrial sectors. Mr. Babyak has a B.A. in Political Science from Yale University and an M.B.A. in Finance from the Leonard N. Stern School of Business at New York University. Edward F. Salib PARTNER, PORTFOLIO MANAGER/ANALYST OF TIMESSQUARE Mr. Salib is a Partner and Portfolio Manager/Analyst on TimesSquare’s U.S. equity team and is responsible for research coverage of Consumer Discretionary & Staples, Media, and related services. Mr. Salib joined TimesSquare in 2002 as a Research Associate and had provided analytical support to the research analysts through the development of financial models and databases. He graduated with a B.S. in Applied Economics & Management from Cornell University. Performance Performance Read Important Investment Disclosures Returns Trailing Returns Trailing Returns Monthly Quarterly Calendar Year 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: 0.92% Net Expense Ratio: 0.92% Expense Cap Expiration Date: N/A The Fund’s Investment Manager has contractually agreed, through May 1, 2025, to limit fund operating expenses. The net expense ratio reflects this limitation, while the gross expense ratio does not. The Fund has no up-front sales charges or deferred sales charges. Please refer to the Fund’s Prospectus for additional information on the Fund’s expenses. Distributions & Pricing Distributions Distributions Chart List Historical Pricing Calendar Year Distributions Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains Dec 16, 2025 $1.855500 — $0.046700 $1.808800 Dec 16, 2024 $1.380000 — — $1.380000 Dec 14, 2023 $0.660500 — — $0.660500 Dec 15, 2022 $0.509600 — — $0.509600 Dec 15, 2021 $5.452400 $0.022700 $0.522100 $4.907600 Dec 16, 2020 $3.775200 — $0.137400 $3.637800 Dec 16, 2019 $2.855600 — $0.058700 $2.796900 Dec 27, 2018 $2.535500 — $0.290200 $2.245300 Dec 27, 2017 $2.724000 — $0.270500 $2.453500 From: To: Risk & Return Statistics As of: 01/31/2026 3YR 5YR 10YR Alpha Alpha is a measure of performance on a risk-adjusted basis. Alpha takes the volatility (price risk) of a security or mutual fund and compares its risk-adjusted performance to a benchmark index. The excess return of the security or fund relative to the return of the benchmark index is a fund's alpha. -0.92 0.52 - Standard Deviation Standard Deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is calculated as the square root of variance. 14.32 16.45 - Sharpe Ratio Sharpe Ratio is a risk-adjusted measure developed by William Sharpe. It is calculated using standard deviation and excess return to determine reward per unit of risk. First, the average monthly return of the 90-day Treasury bill (over a 36-month period) is subtracted from the portfolio's average monthly return. The difference in total return represents the portfolio's excess return beyond that of the 90-day Treasury bill, a risk-free investment. An arithmetic annualized excess return is then calculated by multiplying this monthly return by 12. To show a relationship between excess return and risk, this number is then divided by the standard deviation of the portfolio's annualized excess returns. The higher the Sharpe ratio, the better the portfolio's historical risk-adjusted performance. 0.47 0.19 - Upside Capture Ratio (%) Upside Capture Ratio (%) is a measure of a manager's performance in up markets relative to a particular benchmark. An up market is one in which the market's quarterly (or monthly) return is greater than or equal to zero. For example, a ratio of 50% means that the portfolio's value increased half as much as its benchmark index during up markets. 80.89 86.77 - Downside Capture Ratio (%) Downside Capture Ratio (%) measures a manager's performance in down markets relative to a particular benchmark. A down market is one in which the market's quarterly (or monthly) return is less than zero. For example, a ratio of 50% means that the portfolio's value fell half as much as its benchmark index during down markets. 81.30 83.04 - Beta Beta measures the relationship between the portfolio's excess return over T-bills (representing a risk-free rate) relative to the excess return of the portfolio's benchmark. A low beta does not imply that the portfolio has a low level of volatility; rather, a low beta means that the portfolio's market-related risk is low. Beta is often referred to as systematic risk. 0.80 0.82 - R-Squared R-Squared ranges from 0 to 100 and reflects the percentage of a portfolio's movements that are explained by movements in its benchmark index. A portfolio with an R-squared of 100 means that all movement is completely explained by benchmark index movement. Thus, a portfolio that invests only in S&P 500 stocks will have an R-squared very close to 100. Conversely, a low R-squared indicates that very little of the portfolio's movement is explained by benchmark movement. An R-squared measure of 35, for example, means that movements in its benchmark index can explain only 35% of the portfolio's movements. R-squared is used to ascertain the significance of a particular beta or alpha and generally a higher R-squared will indicate more useful alpha and beta figures. 91.76 94.27 - Tracking Error (%) Tracking Error (%) , which is often referred to as the active risk of the portfolio, measures how closely a manager's returns track the returns of a benchmark index. Specifically, tracking error measures the standard deviation of the excess returns a portfolio generates compared to its benchmark. This gives an indication of the volatility of a portfolio versus its benchmark. If a manager tracks a benchmark closely, then tracking error will be low. If a manager tracks a benchmark perfectly, then tracking error will be zero. 5.42 5.31 - View All Characteristics & Statistics All Characteristics & Statistics AMG TimesSquare Mid Cap Growth Fund (TQMIX) Portfolio Characteristics (Equity) Risk & Return Market Cap Valuation Characteristics Growth Characteristics Fund Holdings Fund Russell Midcap® Growth Index Fund Assets (Mil.$) $1,599 Number of Holdings 72 Weighted Avg. Market Cap (Mil.$) $33,428 $37,972 Median Market Cap (Mil.$) $21,769 $14,176 Weighted Avg. P/E (1-yr Forward EPS) 30.27 28.26 Weighted Avg. P/E (Trailing EPS) 32.75 33.81 PEG Ratio 2.02 1.98 Weighted Avg. P/B 6.68 9.49 EPS Growth (Trailing 3-yr %) 11.20% 22.09% EPS Growth (Trailing 5-yr %) 16.25% 21.00% Forward EPS Growth (1-yr %) 19.15% 16.31% Forward EPS Growth (Long Term %) 16.63% 14.42% Revenue Growth (Trailing 5-yr %) 17.74% 21.20% Return on Equity 18.52% 26.82% Weighted Avg. Dividend Yield 0.42% 0.58% Debt to Equity 134.64 167.50 Trailing 12-Months Portfolio Turnover 50.81% As of: 12/31/2025 Risk & Return 3 Years 5 Years 10 Years Alpha Alpha is a measure of performance on a risk-adjusted basis. Alpha takes the volatility (price risk) of a security or mutual fund and compares its risk-adjusted performance to a benchmark index. The excess return of the security or fund relative to the return of the benchmark index is a fund's alpha. -0.92 0.52 - Standard Deviation Standard Deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is calculated as the square root of variance. 14.32 16.45 - Sharpe Ratio Sharpe Ratio is a risk-adjusted measure developed by William Sharpe. It is calculated using standard deviation and excess return to determine reward per unit of risk. First, the average monthly return of the 90-day Treasury bill (over a 36-month period) is subtracted from the portfolio's average monthly return. The difference in total return represents the portfolio's excess return beyond that of the 90-day Treasury bill, a risk-free investment. An arithmetic annualized excess return is then calculated by multiplying this monthly return by 12. To show a relationship between excess return and risk, this number is then divided by the standard deviation of the portfolio's annualized excess returns. The higher the Sharpe ratio, the better the portfolio's historical risk-adjusted performance. 0.47 0.19 - Upside Capture Ratio (%) Upside Capture Ratio (%) is a measure of a manager's performance in up markets relative to a particular benchmark. An up market is one in which the market's quarterly (or monthly) return is greater than or equal to zero. For example, a ratio of 50% means that the portfolio's value increased half as much as its benchmark index during up markets. 80.89 86.77 - Downside Capture Ratio (%) Downside Capture Ratio (%) measures a manager's performance in down markets relative to a particular benchmark. A down market is one in which the market's quarterly (or monthly) return is less than zero. For example, a ratio of 50% means that the portfolio's value fell half as much as its benchmark index during down markets. 81.30 83.04 - Beta Beta measures the relationship between the portfolio's excess return over T-bills (representing a risk-free rate) relative to the excess return of the portfolio's benchmark. A low beta does not imply that the portfolio has a low level of volatility; rather, a low beta means that the portfolio's market-related risk is low. Beta is often referred to as systematic risk. 0.80 0.82 - R-Squared R-Squared ranges from 0 to 100 and reflects the percentage of a portfolio's movements that are explained by movements in its benchmark index. A portfolio with an R-squared of 100 means that all movement is completely explained by benchmark index movement. Thus, a portfolio that invests only in S&P 500 stocks will have an R-squared very close to 100. Conversely, a low R-squared indicates that very little of the portfolio's movement is explained by benchmark movement. An R-squared measure of 35, for example, means that movements in its benchmark index can explain only 35% of the portfolio's movements. R-squared is used to ascertain the significance of a particular beta or alpha and generally a higher R-squared will indicate more useful alpha and beta figures. 91.76 94.27 - Tracking Error (%) Tracking Error (%) , which is often referred to as the active risk of the portfolio, measures how closely a manager's returns track the returns of a benchmark index. Specifically, tracking error measures the standard deviation of the excess returns a portfolio generates compared to its benchmark. This gives an indication of the volatility of a portfolio versus its benchmark. If a manager tracks a benchmark closely, then tracking error will be low. If a manager tracks a benchmark perfectly, then tracking error will be zero. 5.42 5.31 - Information Ratio Information Ratio s a ratio of portfolio returns above the returns of a benchmark (usually an index) to the volatility of those returns. The information ratio (IR) measures a portfolio manager's ability to generate excess returns relative to a benchmark, but also attempts to identify the consistency of the investor. This ratio will identify if a manager has beaten the benchmark by a lot in a few months or a little every month. The higher the IR, the more consistent a manager is, and consistency is an ideal trait. -0.48 0.04 - Treynor Ratio (%) Treynor Ratio (%) , which was developed by Jack Treynor, measures reward per unit of beta risk. It measures returns earned in excess of that which could have been earned on a less risk investment per each unit of market risk. The Treynor Ratio relates the difference between the portfolio return and the risk-free rate to the portfolio beta for a given time period. 8.48 3.84 - Max Drawdown Max Drawdown is the maximum loss from a peak to a trough of a portfolio, before a new peak is attained. Maximum Drawdown is an indicator of downside risk over a specified time period. -9.67 -25.91 - As of: 01/31/2026 Market Cap Fund Russell Midcap® Growth Index Market Cap ($mm) 0 - 1,000 0.88% 0.00% Market Cap ($mm) 1,000 - 1,500 0.84% 0.01% Market Cap ($mm) 1,500 - 2,500 0.68% 0.26% Market Cap ($mm) 2,500 - 5,000 0.78% 1.31% Market Cap ($mm) 5,000 - 10,000 16.07% 8.02% Market Cap ($mm) 10,000 - 25,000 25.81% 25.49% Market Cap ($mm) 25,000 - 50,000 35.95% 39.03% Market Cap ($mm) 50,000 - 100,000 17.82% 25.88% Market Cap ($mm) 100,000 - 200,000 1.17% 0.00% Market Cap ($mm) 200,000 - 0.00% 0.00% Market Cap – NA 0.00% 0.00% As of: 12/31/2025 Valuation Characteristics Fund Russell Midcap® Growth Index P/E 0-10 1.20% 0.43% P/E 10-15 3.47% 4.22% P/E 15-20 1.92% 7.88% P/E 20-25 13.86% 10.30% P/E 25-Above 61.61% 63.94% P/E – NA 17.93% 13.24% As of: 12/31/2025 Growth Characteristics Fund Russell Midcap® Growth Index EPS Growth (Trailing 3-yr %) - Negative 19.15% 10.30% EPS Growth (Trailing 3-yr %) 0 - 5 3.85% 5.32% EPS Growth (Trailing 3-yr %) 5 - 10 7.07% 7.52% EPS Growth (Trailing 3-yr %) 10 - 15 2.41% 2.01% EPS Growth (Trailing 3-yr %) 15 - 20 8.72% 8.89% EPS Growth (Trailing 3-yr %) Above 20 25.09% 31.09% EPS Growth (Trailing 3-yr %) - NA 33.72% 34.87% As of: 12/31/2025 Read Important Investment Disclosures Portfolio & Holdings Portfolio & Holdings Top Holdings (Equity) As of: 12/31/2025 EMCOR Group Inc 3.32% Cencora Inc 3.13% Monolithic Power Systems Inc 2.74% IDEXX Laboratories Inc 2.56% TPG Inc, Class A 2.36% CyberArk Software Ltd 2.34% JFrog Ltd 2.20% Interactive Brokers Group Inc, Class A 2.07% Argenx SE ADR 2.04% Carpenter Technology Corp 2.03% % in Top 10 Holdings 24.79% View Holding Details Holding Details AMG TimesSquare Mid Cap Growth Fund (TQMIX) Top 10 Holdings (Equity) All Holdings 10 Best Performing Stocks 10 Worst Performing Stocks Fund Holdings 12/31/2025 EMCOR Group Inc 3.32% Cencora Inc 3.13% Monolithic Power Systems Inc 2.74% IDEXX Laboratories Inc 2.56% TPG Inc, Class A 2.36% CyberArk Software Ltd 2.34% JFrog Ltd 2.20% Interactive Brokers Group Inc, Class A 2.07% Argenx SE ADR 2.04% Carpenter Technology Corp 2.03% % in Top 10 Holdings 24.79% As of: 12/31/2025 Download All Holdings (PDF) As of: 01/31/2026 Ticker Name Sector Asset Class Country Currency Par/Shares Price ($) Market Value ($) % of Fund EME EMCOR Group Inc Industrials S US USD 90,730 720.73 $65,391,833 3.99% MPWR Monolithic Power Systems Inc Information Technology S US USD 50,660 1,124.15 $56,949,439 3.47% COR Cencora Inc Health Care S US USD 152,590 359.22 $54,813,380 3.34% IDXX IDEXX Laboratories Inc Health Care S US USD 61,110 670.46 $40,971,811 2.50% IBKR Interactive Brokers Group Inc, Class A Financials S US USD 530,906 74.88 $39,754,241 2.42% CW Curtiss-Wright Corp Industrials S US USD 60,374 656.69 $39,647,002 2.42% KRMN Karman Holdings Inc Industrials S US USD 367,790 103.80 $38,176,602 2.33% CYBR CyberArk Software Ltd Information Technology S IL USD 86,385 430.83 $37,217,250 2.27% TPG TPG Inc, Class A Financials S US USD 608,915 58.91 $35,871,183 2.19% LNG Cheniere Energy Inc Energy S US USD 166,630 211.52 $35,245,578 2.15% AXON Axon Enterprise Inc Industrials S US USD 70,697 483.58 $34,187,655 2.08% CRS Carpenter Technology Corp Industrials S US USD 106,150 317.83 $33,737,655 2.06% ARGX Argenx SE ADR Health Care S NL USD 39,920 840.50 $33,552,760 2.05% ORLY O'Reilly Automotive Inc Consumer Discretionary S US USD 335,610 98.41 $33,027,380 2.01% FROG JFrog Ltd Information Technology S IL USD 580,014 54.80 $31,784,767 1.94% INSM Insmed Inc Health Care S US USD 193,367 156.87 $30,333,481 1.85% VEEV Veeva Systems Inc, Class A Health Care S US USD 147,785 203.92 $30,136,317 1.84% NRG NRG Energy Inc Utilities S US USD 192,410 152.63 $29,367,538 1.79% ROST Ross Stores Inc Consumer Discretionary S US USD 155,576 188.65 $29,349,412 1.79% VRSK Verisk Analytics Inc, Class A Industrials S US USD 131,213 217.46 $28,533,579 1.74% PFGC Performance Food Group Co Consumer Staples S US USD 296,345 95.45 $28,286,130 1.72% LSCC Lattice Semiconductor Corp Information Technology S US USD 347,350 80.52 $27,968,622 1.70% TSCO Tractor Supply Co Consumer Discretionary S US USD 536,358 50.88 $27,289,895 1.66% TRGP Targa Resources Corp Energy S US USD 128,900 200.98 $25,906,322 1.58% CTAS Cintas Corp Industrials S US USD 133,086 191.39 $25,471,330 1.55% CBRE CBRE Group Inc, Class A Real Estate S US USD 148,430 170.33 $25,282,082 1.54% DASH DoorDash Inc, Class A Consumer Discretionary S US USD 122,450 204.62 $25,055,719 1.53% FLUT Flutter Entertainment Plc Consumer Discretionary S US USD 148,420 165.15 $24,511,563 1.49% FICO Fair Isaac Corp Information Technology S US USD 15,139 1,463.17 $22,150,931 1.35% HUBS HubSpot Inc Information Technology S US USD 79,105 280.00 $22,149,400 1.35% EVR Evercore Inc, Class A Financials S US USD 62,085 353.27 $21,932,768 1.34% ESAB Esab Corp Industrials S US USD 178,200 121.10 $21,580,020 1.32% MLM Martin Marietta Materials Inc Materials S US USD 32,470 651.95 $21,168,817 1.29% RRX Regal Rexnord Corp Industrials S US USD 130,744 161.50 $21,115,156 1.29% FIX Comfort Systems USA Inc Industrials S US USD 18,446 1,142.10 $21,067,177 1.28% AME AMETEK Inc Industrials S US USD 87,040 223.98 $19,495,219 1.19% CSGP CoStar Group Inc Real Estate S US USD 297,579 61.50 $18,301,109 1.12% DT Dynatrace Inc Information Technology S US USD 466,865 38.09 $17,782,888 1.08% GFL GFL Environmental Inc Industrials S CA USD 413,118 42.95 $17,743,418 1.08% TRMB Trimble Inc Information Technology S US USD 259,170 67.60 $17,519,892 1.07% NCLH Norwegian Cruise Line Holdings Ltd Consumer Discretionary S US USD 761,390 21.96 $16,720,124 1.02% PINS Pinterest Inc, Class A Communication Services S US USD 743,700 22.13 $16,458,081 1.00% TTAN ServiceTitan Inc, Class A Information Technology S US USD 202,456 78.34 $15,860,403 0.97% TTWO Take-Two Interactive Software Inc Communication Services S US USD 71,880 220.30 $15,835,164 0.97% HOOD Robinhood Markets Inc, Class A Financials S US USD 158,980 99.48 $15,815,330 0.96% ESTC Elastic NV Information Technology S US USD 234,935 65.93 $15,489,265 0.94% TYL Tyler Technologies Inc Information Technology S US USD 41,060 369.40 $15,167,564 0.92% SNOW Snowflake Inc, Class A Information Technology S US USD 76,875 192.70 $14,813,813 0.90% OS Onestream Inc, Class A Information Technology S US USD 594,485 23.61 $14,035,791 0.86% BJ BJ's Wholesale Club Holdings Inc Consumer Staples S US USD 151,092 92.44 $13,966,944 0.85% CASY Casey's General Stores Inc Consumer Staples S US USD 22,468 606.50 $13,626,842 0.83% IOT Samsara Inc, Class A Information Technology S US USD 481,330 28.05 $13,501,307 0.82% LOAR Loar Holdings Inc Industrials S US USD 192,228 68.58 $13,182,996 0.80% WH Wyndham Hotels & Resorts Inc Consumer Discretionary S US USD 178,760 72.79 $13,011,940 0.79% YSS York Space Systems Inc Industrials S US USD 361,596 33.95 $12,276,184 0.75% BSY Bentley Systems Inc, Class B Information Technology S US USD 346,248 35.12 $12,160,230 0.74% RGEN Repligen Corp Health Care S US USD 80,420 149.37 $12,012,335 0.73% GENI Genius Sports Ltd Consumer Discretionary S GB USD 1,358,770 8.70 $11,821,299 0.72% EHC Encompass Health Corp Health Care S US USD 123,050 94.53 $11,631,917 0.71% NTSK Netskope Inc, Class A Information Technology S US USD 769,548 14.85 $11,427,788 0.70% FND Floor & Decor Holdings Inc, Class A Consumer Discretionary S US USD 170,500 65.96 $11,246,180 0.69% APH Amphenol Corp, Class A Information Technology S US USD 77,710 144.08 $11,196,457 0.68% NICE Nice Ltd ADR Information Technology S IL USD 104,737 106.41 $11,145,064 0.68% PR Permian Resources Corp, Class A Energy S US USD 683,232 16.13 $11,020,532 0.67% BRO Brown & Brown Inc Financials S US USD 150,503 72.10 $10,851,266 0.66% MRVL Marvell Technology Inc Information Technology S US USD 137,170 78.92 $10,825,456 0.66% STVN Stevanato Group SpA Health Care S IT USD 674,517 15.58 $10,508,975 0.64% JHX James Hardie Industries Plc Materials S IE USD 453,600 22.99 $10,428,264 0.64% TSCM TimesSquare Quality Mid Cap Growth ETF Other Equities S US USD 533,000 18.81 $10,023,225 0.61% WCN Waste Connections Inc Industrials S US USD 58,995 167.60 $9,887,562 0.60% PCTY Paylocity Holding Corp Industrials S US USD 67,700 134.98 $9,138,146 0.56% MKSI MKS Inc Information Technology S US USD 17,831 235.41 $4,197,596 0.26% CRWD Crowdstrike Holdings Inc, Class A Information Technology S US USD 7,691 441.41 $3,394,846 0.21% CCJ Cameco Corp Energy S CA USD 11,736 123.39 $1,448,105 0.09% EFX Equifax Inc Industrials S US USD 5,111 201.40 $1,029,355 0.06% Cash & Equivalents Cash C US USD - - $25,457,565 1.55% Download Fund Commentary (PDF) Fund Holdings Sort order Avg. Weight Total Return JFrog Ltd 1 2.01% 31.97% Carpenter Technology Corp 2 1.95% 28.30% Ross Stores Inc 3 1.70% 18.40% Argenx SE ADR 4 2.14% 14.02% TPG Inc, Class A 5 2.14% 11.73% Insmed Inc 6 1.82% 20.85% Cencora Inc 7 3.22% 8.20% IDEXX Laboratories Inc 8 2.59% 5.89% Repligen Corp 9 0.78% 22.59% Fair Isaac Corp 10 1.23% 12.97% As of: 12/31/2025 The 10 Best and Worst Performing Stocks are determined based on the stock's contribution to the Fund’s return during the specified quarter. Download Fund Commentary (PDF) Fund Holdings Sort order Avg. Weight Total Return Veeva Systems Inc, Class A 20 2.43% -25.07% Cheniere Energy Inc 19 2.17% -17.12% Axon Enterprise Inc 18 1.76% -20.86% Robinhood Markets Inc, Class A 17 1.60% -21.01% DoorDash Inc, Class A 16 1.76% -16.73% HubSpot Inc 15 2.02% -14.22% O'Reilly Automotive Inc 14 2.04% -15.40% Flutter Entertainment Plc 13 1.93% -15.34% Pinterest Inc, Class A 12 1.32% -19.52% CoStar Group Inc 11 1.26% -20.30% As of: 12/31/2025 The 10 Best and Worst Performing Stocks are determined based on the stock's contribution to the Fund’s return during the specified quarter. Read Important Investment Disclosures Read Important Investment Disclosures Sector Allocation (Equity) As of: 12/31/2025 View Allocation Details Allocation Details AMG TimesSquare Mid Cap Growth Fund (TQMIX) Sector Allocation (Equity) Investment Allocation Top 10 Industries Sector Sort Order Fund Russell Midcap® Growth Index Information Technology 24.92% 17.08% Industrials 22.79% 20.92% Health Care 14.06% 15.49% Consumer Discretionary 12.11% 21.92% Financials 7.73% 9.89% Energy 4.12% 2.65% Consumer Staples 3.29% 1.57% Real Estate 2.66% 1.37% Cash & Other 2.34% 0.00% Communication Services 2.29% 5.92% Utilities 1.86% 2.85% Materials 1.80% 0.33% Other Equities 0.03% As of: 12/31/2025 Investment Allocation 12/31/2025 Stocks 97.66% Bonds 0.00% Cash and Other 2.34% As of: 12/31/2025 Industry Fund Russell Midcap® Growth Index Software 17.97% 8.78% Aerospace & Defense 8.80% 6.71% Capital Markets 7.00% 6.00% Hotels, Restaurants & Leisure 6.21% 12.66% Specialty Retail 5.90% 4.91% Semiconductors & Semiconductor Equipment 5.00% 2.76% Construction & Engineering 4.40% 3.15% Oil, Gas & Consumable Fuels 4.12% 2.65% Biotechnology 3.95% 5.70% Health Care Providers & Services 3.92% 3.23% % in Top 10 Industries 67.27% 56.55% As of: 12/31/2025 Read Important Investment Disclosures About the Affiliate About TimesSquare Capital Management TimesSquare is a growth equity specialist. They are a trusted partner to institutional investors globally, providing mutual fund and separate account management. Reliance on in-depth, research-driven strategies has historically produced strong results across products and market cycles. Learn More About TimesSquare Capital Management's Approach FOUNDED 2000 AMG AFFILIATE SINCE 2004 HEADQUARTERS New York, NY Portfolio Managers Sonu Chawla PARTNER, PORTFOLIO MANAGER OF TIMESSQUARE Read full bio Grant R. Babyak CHIEF EXECUTIVE OFFICER, PARTNER AND PORTFOLIO MANAGER OF TIMESSQUARE Read full bio Edward F. Salib PARTNER, PORTFOLIO MANAGER/ANALYST OF TIMESSQUARE Read full bio Investment Approach Investment Approach AMG TimesSquare Mid Cap Growth Fund The Fund seeks to outperform the Russell Midcap® Growth Index in a risk-controlled manner. The TimesSquare portfolio management team uses a bottom-up, fundamental research-intensive approach to identify mid cap growth stocks that it believes have the greatest potential to achieve significant price appreciation over a 12- to 18-month horizon. The Fund typically invests in companies within the market cap range of the Russell Midcap® Index at time of purchase. Related products Other Products From TimesSquare Capital Management TCMPX AMG TimesSquare International Small Cap Fund View Fund Details TSCPX AMG TimesSquare Small Cap Growth 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