• FirefoxUpgrade to the new Firefox »
  •  Dow Up0.15% Nasdaq Up0.36%

    AMG Yacktman Service (YACKX)

    26.37 Up 0.08(0.30%) Dec 19

    Profile as of Nov 29, 2014Get Profile for:
    AMG Yacktman Service
    AMG Funds800 Connecticut AvenueNorwalk, CT 6854
    Map
    Phone: 800-835-3879
    Fund Overview 
    Category:Large Blend
    Fund Family:AMG Funds
    Net Assets:14.37B
    Year-to-Date Return:11.21%
    Yield:0.79%
    Morningstar Rating:4 stars
    Fund Inception Date:Jul 6, 1992
    Morningstar Style Box 
    Large Blend
    [View Category Definition]
    View Top Large Blend Funds
    About the Morningstar Style Box
    Management Information 
    Donald A. Yacktman
    Lead Manager since Jul 6, 1992
    Yacktman is president of Yacktman Asset Management, a company he formed in March 1992. From 1983 to 1992, he managed Selected American Shares, for which he was named Morningstar's 1991 Portfolio Manager of the Year. Prior to that, he was a portfolio manager at Stein Roe & Farnham from 1968 to 1982 and a partner at that firm from 1974 to 1982. He also has spent time at Continental Bank. Yacktman is a member of the Financial Analysts Society of Chicago.
    Investment Information 
    Min Initial Investment:2,500
    Min Initial Investment, IRA:500
    Min Initial Investment, AIP:500
    Min Subsequent Investment:100
    Min Subsequent Investment, IRA:100
    Min Subsequent Investment, AIP:100
    YACKX can be purchased from 113 brokerages.

    Fund Summary 
    The investment seeks long-term capital appreciation and, to a lesser extent, current income. The fund invests primarily in domestic equity securities. It also may invest in foreign equity securities and debt securities. The fund may invest up to 20% of its assets in foreign equity securities. Its investments in equity securities may include common stocks, preferred stocks, convertible preferred stocks and ADRs. It may invest up to 20% of its assets in such debt securities, including junk bonds, in any proportion provided that the total invested does not exceed the 20% threshold.

    Fund Operations 
    Last Dividend (Dec 25, 2013) : 0.21
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Dec 16, 2014) : 17.00%
    Average for Category:44.34%
    Fees & Expenses 
    ExpenseYACKXCategory Avg
    Annual Report Expense Ratio (net):0.74%1.09%
    Prospectus Net Expense Ratio:0.76%N/A
    Prospectus Gross Expense Ratio:0.76%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.27%
    Max Deferred Sales Load: N/A2.16%
    3 Yr Expense Projection*:243551
    5 Yr Expense Projection*:422881
    10 Yr Expense Projection*:9421,816
    * Per $10,000 invested