AMG SouthernSun Small Cap Fund
Data updated: 2021-02-24
C000138297 — AMG SouthernSun Small Cap Fund. United States Small Cap Value Equity · $237.02M AUM. Holdings, fees, performance and SEC filings.
C000138297 Fund Overview
AMG SouthernSun Small Cap Fund is a US mutual fund managed by Amg Funds, categorised as United States Small Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Amg Funds
- Category: United States Small Cap Value Equity
- Assets under management: $237.02M
- 1-year return: 14.4%
- SEC CIK: 0001089951
- SEC series ID: S000044449
- Share class ID: C000138297
C000138297 Investment Objective and Strategy
AMG SouthernSun Small Cap Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Amg Funds.
Investment objective
The AMG SouthernSun Small Cap Fund's (the “Fund”) investment objective is to provide long-term capital appreciation.
Principal investment strategy
SouthernSun Asset Management, LLC (SouthernSun or the Subadviser) seeks to achieve the Funds investment objective by investing primarily in common stocks of smaller capitalization (small cap) U.S. companies that SouthernSun selects using a research-driven, value-oriented investment strategy. The Fund defines small cap securities to include securities of issuers with a market capitalization at the time of purchase within the capitalization range of companies in the Russell 2000 Index or the MSCI USA Small Cap Index during the most recent 12-month period (based on month-end data). This capitalization range will change over time. As of December 31, 2017, the range of the Russell 2000 Index was $22.47 million to $9.27 billion and the range of the MSCI USA Small Cap Index was $58.92 million to $10.79 billion.
Under normal market conditions, the Fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes) measured at the time of purchase in small cap securities. The Fund typically invests in 20-40 companies SouthernSun believes are niche dominant, attractively valued with financial flexibility and uniquely fitted management teams. When selecting companies for investment, SouthernSun seeks opportunities that it believes have the following characteristics: Financial Flexibility: SouthernSun seeks companies that have strong internally generated discretionary cash flow and organic revenue growth (revenue growth not obtained through mergers or acquisitions). Management Adaptability: SouthernSun seeks management teams with measurable, transparent goals that are held accountable for performance.
This applies to multiple levels of management from the CEO and CFO to less senior management. Niche Dominance: SouthernSun seeks companies that it believes possess meaningful competitive advantages over peers. Under normal market conditions, the majority of the Funds assets will be allocated to equity securities. The Fund may hold assets in cash and cash equivalents, and at times these holdings may be significant. The Funds cash level at any point typically relates to SouthernSuns individual security selection process, and therefore may vary, depending on SouthernSuns desired security weightings. The Fund generally seeks to buy and hold stocks for the long-term, and sells holdings that SouthernSun believes have exceeded their intrinsic market value, become too large a position, experienced a change in fundamentals or are subject to other factors that SouthernSun believes may contribute to underperformance.
The Fund generally seeks to hold positions in companies as they increase in market capitalization, potentially beyond the small capitalization range, as long as SouthernSun considers the company to remain an attractive investment with capital appreciation potential. The Fund is non-diversified, which means that it can invest a greater percentage of its assets in any one issuer than a diversified fund.
C000138297 Performance
Total returns for C000138297 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 14.4% |
C000138297 Risk Information
Risk metrics for C000138297, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 37.1%
C000138297 Costs and Fees
C000138297 costs about $101 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.01%
- Gross expense ratio: 1.01%
- Portfolio turnover: 25%
- Brokerage commissions: 4.66 bps of average net assets (SEC N-CEN)
C000138297 Cashflows
Over the 12 months to 2020-12, AMG SouthernSun Small Cap Fund had net inflows of $121.01M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-12 | $6.94M |
| 2020-11 | $6.23M |
| 2020-10 | $18.27M |
| 2020-09 | $5.28M |
| 2020-08 | $3.32M |
| 2020-07 | $5.86M |
C000138297 Debt Constituents
No individual debt constituents are reported in AMG SouthernSun Small Cap Fund's latest SEC N-PORT filing.
C000138297 Prospectus and SEC Filings
Official AMG SouthernSun Small Cap Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-01-28
- Prospectus (485BPOS) — filed 2020-02-20
- Prospectus (485BPOS) — filed 2019-02-25
- Portfolio holdings (N-PORT) — filed 2021-02-24
- Portfolio holdings (N-PORT) — filed 2020-11-23
- Portfolio holdings (N-PORT) — filed 2020-08-25
- Annual census (N-CEN) — filed 2020-12-09
- Annual census (N-CEN) — filed 2019-12-11
Related Funds
Other United States Small Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.