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Morningstar

AMG GW&K High Income N MGGBX

Morningstar Medalist Rating
Medalist Rating as of | See AMG Investment Hub
  • NAV / 1-Day Return 20.67  /  +0.05 %
  • Total Assets 5.8 Mil
  • Adj. Expense Ratio
    0.840%
  • Expense Ratio 0.840%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 2,000
  • Status Open
  • TTM Yield 6.17%
  • Effective Duration 2.77 years

USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 12:12 AM GMT+0

Morningstar’s Analysis MGGBX

Will MGGBX outperform in 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 MGGBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MGGBX 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 MGGBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A lowering of People Pillar rating is the primary driver of AMG GW&K High Income N's downgrade to a Morningstar Medalist Rating of Negative from Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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Portfolio Holdings MGGBX

More MGGBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JPMorgan Chase & Co. 6.875%

1.99 154,783
Corporate

Nustar Logistics, L.P. 5.625%

1.98 153,651
Corporate

SM Energy Co. 5.625%

1.96 152,409
Corporate

SLM Corporation 4.2%

1.93 149,952
Corporate

Citigroup Inc. 3.875%

1.88 145,824
Corporate

Southwestern Energy Company 8.375%

1.66 129,063
Corporate

Prime Securities Services Borrower, LLC and Prime Finance, Inc. 5.75%

1.63 127,094
Corporate

MGM Resorts International 4.75%

1.55 120,622
Corporate

Navient Corporation 5%

1.53 118,624
Corporate

Wells Fargo & Co. 5.875%

1.52 118,350
Corporate