AMG Yacktman I (YACKX) shows mixed performance and average risk, making it a neutral fund option for investors
YACKX is categorized as an All Cap Value fund, which means it invests in companies of all sizes. These funds usually lean towards larger companies, but they aim for value stocks—those that are priced lower than their actual worth, often with low P/E ratios and decent dividend yields.
This fund has been around since July 1992 and is part of the AMG Funds family. It has gathered about $8.31 billion in assets, managed by a team of investment pros.
When it comes to performance, YACKX has delivered a 5-year annualized return of 11.27%, placing it in the middle of its peers. If you look at the 3-year return, it’s at 7.8%, which is on the lower end. Just keep in mind that returns might not show all expenses, so actual gains could be less.
Also, YACKX has a standard deviation of 14.46% over the last three years, which is lower than the category average. This means it’s been less volatile compared to similar funds.
Now, let’s talk risk. YACKX has a 5-year beta of 0.82, indicating it’s less volatile than the market. However, it has a negative alpha of -1.69, suggesting the managers are struggling to pick winning stocks compared to the S&P 500.
On the expense side, YACKX is a no-load fund with a 0.70% expense ratio, which is lower than the average for its category. The minimum initial investment is $100,000, and any additional investments need to be at least $100.
In summary, AMG Yacktman I (YACKX) has a neutral ranking and, with its average performance and lower fees, it’s a decent option for investors right now. If you want to dive deeper into this fund or compare it with others, check out Zacks.com for more info.
