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AMG GW&K Municipal Bond Institutional (GWMIX) Fund Ranking and Research

Ranking, Research and Recommendation of AMG GW&K Municipal Bond Institutional (GWMIX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of AMG GW&K Municipal Bond Institutional Fund (GWMIX) ManagerFund Manager - John B. Fox

Fund Manager Information

Fund Manager Tenure: 11.1 years
Similar Funds: GWMSX  GWMTX 
Fund Family: AMG Funds
Fund Category: Muni National Interm
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.61)     (What does this score mean?)

 

Graph of AMG GW&K Municipal Bond Institutional Fund (GWMIX) ProfileAMG GW&K Municipal Bond Institutional Fund (GWMIX) Profile

Fund Profile and Description

AMG GW&K Municipal Bond Institutional Fund seeks current income exempt from federal income tax, consistent with preservation of capital. Capital appreciation is a secondary objective. AMG GW&K Municipal Bond Institutional Fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in municipal bonds that are exempt from federal income tax. It may invest more than 20% of net assets, plus the amount of borrowings for investment purposes, in taxable securities, such as money market instruments and debt securities issued or guaranteed by the U.S. government or its agencies, and cash or cash equivalents.

 

AMG GW&K Municipal Bond Institutional (GWMIX) Fund Strength What we like about AMG GW&K Municipal Bond Institutional (GWMIX) Fund

Data for AMG GW&K Municipal Bond Institutional Fund (GWMIX) as of May 30, 2016

  • AMG GW&K Municipal Bond Institutional Fund (GWMIX) management has been with AMG GW&K Municipal Bond Institutional Fund for 11.1 years
  • AMG GW&K Municipal Bond Institutional Fund (GWMIX) has good short-term performance (1-year return 5.96% vs 4.71% Muni National Interm category median performance)
  • AMG GW&K Municipal Bond Institutional Fund (GWMIX) has good mid-term performance (3-year return 4.06% vs 3.10% Muni National Interm category median performance)
  • AMG GW&K Municipal Bond Institutional Fund (GWMIX) has good Long-term performance (5-year return 5.03% vs 4.14% Muni National Interm category median performance)
  • AMG GW&K Municipal Bond Institutional Fund (GWMIX) ratio of up-years vs down years is greater than 2
  • Asset base in AMG GW&K Municipal Bond Institutional Fund (GWMIX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • AMG GW&K Municipal Bond Institutional Fund (GWMIX) has a lower expense ratio than its Muni National Interm average: 0.34% vs 0.80%
  • AMG GW&K Municipal Bond Institutional Fund (GWMIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

AMG GW&K Municipal Bond Institutional Fund (GWMIX) Weakness What we are cautious about AMG GW&K Municipal Bond Institutional (GWMIX) Fund

Data for AMG GW&K Municipal Bond Institutional Fund (GWMIX) as of May 30, 2016

  • AMG GW&K Municipal Bond Institutional Fund (GWMIX) has a Morningstar rating of 3 and below
  • AMG GW&K Municipal Bond Institutional Fund (GWMIX) is less safe compared to its Muni National Interm peers
  • AMG GW&K Municipal Bond Institutional Fund (GWMIX) has an annual stock turnover rate of 78.00% that is higher than the Muni National Interm average of 22.40%. This could mean AMG GW&K Municipal Bond Institutional is more nimble, but also signal potential high tax impact and high trading fees
  • AMG GW&K Municipal Bond Institutional Fund (GWMIX) is more volatile than its peers as it has a 3-year Standard Deviation of 3.63 that is higher than category average of 3.29
See AMG GW&K Municipal Bond Institutional Fund (GWMIX) performance details as of May 30, 2016

 

What do you think?

 

Compare AMG GW&K Municipal Bond Institutional Fund (GWMIX)Compare with other top Muni National Interm category mutual funds

Aadditional top Muni National Interm mutual funds for your consideration

FundYear to Date1 Year3 year5 year
AMG GW&K Municipal Bond Institutional2.225.964.065.03
Eaton Vance TABS 5 to15 Yr Lad Muni Bd I (EILTX)3.408.176.377.87Compare
BlackRock Strategic Muni Opps Inv A1 (MDMTX)3.297.784.275.68Compare
USAA Tax Exempt Intermediate-Term (USATX)2.525.223.514.92Compare

See top fund managers for Muni National Interm Category Funds

 

Compare AMG GW&K Municipal Bond Institutional Fund (GWMIX)Compare with Muni National Interm category ETFs

Some Muni National Interm ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors Intermediate Muni ETF (ITM)2.55%7.15%4.62%
iShares National AMT-Free Muni Bond (MUB)2.19%5.72%4.01%
PIMCO Intermediate Municipal Bd Actv ETF (MUNI)1.61%4.98%2.60%
Columbia Intermediate Municipal Bond ETF (GMMB)000

 

Graph of AMG GW&K Municipal Bond Institutional Fund (GWMIX) Net Asset TrackingAMG GW&K Municipal Bond Institutional (GWMIX) Fund Net Asset

Track net asset change of AMG GW&K Municipal Bond Institutional fund (GWMIX)

DateNet Asset
05/2016$948.11M
03/2016$912.30M
02/2016$888.60M
More historic net asset information on AMG GW&K Municipal Bond Institutional Fund (GWMIX)

  

Graph of AMG GW&K Municipal Bond Institutional Fund (GWMIX) Portfolio TrackingAMG GW&K Municipal Bond Institutional (GWMIX) Fund Portfolio Allocation

Track portfolio allocation change of AMG GW&K Municipal Bond Institutional fund (GWMIX)

DateCashStockBondOther
04/20164.53%0%95.47%0%
03/20166.15%0%93.85%0%
01/20169.83%0%90.17%0%
Click here to see more historic asset allocation information on AMG GW&K Municipal Bond Institutional Fund (GWMIX)

 

graph of AMG GW&K Municipal Bond Institutional Fund (GWMIX) Top 10 Position TrackingTop 10 Holdings in AMG GW&K Municipal Bond Institutional (GWMIX) Fund

Discover what AMG GW&K Municipal Bond Institutional Fund (GWMIX) manager is buying

Apr 29, 2016
Maryland St Go Bds 5% [2.62%]
Arizona Wtr Infrasct Fin Wtr Quali 5% [2.03%]
Engy Northwest Wash Elec Rev Elec 5% [1.85%]
Texas St Trans Com 5% [1.55%]
Washington St Var Purp 5% [1.55%]
Minnesota Pub Facs Auth 5% [1.43%]
North Carolina St Go Ref Bd 5% [1.41%]
New York N Y Go Bds 5% [1.4%]
Missouri St Hwys & Trans Commn Ref St 5% [1.38%]
Ohio St Wtr Dev Auth 5% [1.38%]

Mar 30, 2016
Maryland St Go Bds 5% [2.66%]
Arizona Wtr Infrasct Fin Wtr Quali 5% [2.06%]
Engy Northwest Wash Elec Rev Elec 5% [1.91%]
Texas St Trans Com 5% [1.57%]
Washington St Var Purp 5% [1.57%]
Minnesota Pub Facs Auth 5% [1.44%]
New York N Y Go Bds 5% [1.42%]
Ohio St Wtr Dev Auth 5% [1.4%]
Missouri St Hwys & Trans Commn Ref St 5% [1.4%]
Minnesota St For Previous Issu Go St 5% [1.39%]

Jan 30, 2016
Maryland St Go Bds 5% [2.87%]
Arizona Wtr Infrasct Fin Wtr Quali 5% [2.21%]
New York N Y City Transitional Future 5% [1.95%]
Ohio St Wtr Dev Auth 5% [1.82%]
Minnesota St For Previous Issu Go St 5% [1.8%]
Ohio State Go Ref Bd 5% [1.75%]
New York N Y Go Bds 5% [1.52%]
Univ Calif Revs For Prev Ltd Proj 0.01% [1.48%]
Click here for Stock Holding Change Map in AMG GW&K Municipal Bond Institutional Fund (GWMIX)

  

Latest News on AMG GW&K Municipal Bond Institutional (GWMIX) Fund

See what is happening with AMG GW&K Municipal Bond Institutional Fund (GWMIX)

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AMG GW&K Municipal Bond Institutional Fund (GWMIX) Related ResourcesSee more information on AMG GW&K Municipal Bond Institutional (GWMIX) Fund

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