Morningstar

AMG GW&K Municipal Enhanced Yield Fund Class Z GWMZX

Morningstar Medalist Rating
Medalist Rating as of | See AMG Investment Hub
  • NAV / 1-Day Return 8.82  /  −0.11 %
  • Total Assets 160.0M
  • Adj. Expense Ratio
    0.590%
  • Expense Ratio 0.590%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 5M
  • Status Open
  • TTM Yield 3.77%
  • Effective Duration 11.72 years

USD | NAV as of Jul 14, 2026 | 1-Day Return as of Jul 14, 2026, 12:35 AM GMT+0

Morningstar’s Analysis GWMZX

Will GWMZX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GWMZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GWMZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of GWMZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

AMG GW&K Municipal Enhanced Yield Z holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings GWMZX

More GWMZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 30.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV 5%

4.27 7M
municipal

PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5%

4.03 6M
municipal

PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV 5.25%

3.26 5M
municipal

NEW YORK TRANSN DEV CORP EXEMPT FAC REV 4%

3.19 5M
municipal

RICHLAND CNTY S C SCH DIST NO 002 1.875%

2.78 4M
municipal

ESCAMBIA CNTY FLA HEALTH FACS AUTH HEALTH FAC REV 4%

2.75 4M
municipal

CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5%

2.67 4M
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5.625%

2.64 4M
municipal

PUBLIC FIN AUTH WIS TOLL REV 5.75%

2.58 4M
municipal

RHODE IS ST HEALTH & EDL BLDG CORP REV 5.25%

2.57 4M
municipal

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