GWGIX Fees and Costs — AMG GW&K Small/Mid Cap Core Fund, Class I
Data updated: 2026-08-27
The net expense ratio is 0.87%: a 0.62% management fee plus 0.25% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $251K in broker commissions, 0.0331% of average net assets, and portfolio turnover was 28%.
GWGIX Fees and Expenses
Annual operating expenses and sales charges of GWGIX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.62% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.25% |
| Gross expense ratio | 0.87% |
| Fee waiver | — |
| Net expense ratio | 0.87% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
GWGIX Costs Over Time
On $10,000 invested in GWGIX, assuming 5% a year before costs, total costs come to $566 over 5 years, cutting the return by 0.95% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.87%) | $91 | $285 | $495 |
| Trading costs (broker commissions) | $3 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $95 | $311 | $566 |
| Value after costs | $10,405 | $11,265 | $12,197 |
| Impact on return, per year | 0.95% | 0.95% | 0.95% |
GWGIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0331%
- Total broker commissions: $251K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 28%
- Securities on loan, average value: $28.6M
- Net income from securities lending: $48K (0.006% of average net assets)
GWGIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Robert W. Baird & Co. Incorporated | $60K | 31.02% |
| Cowen and Company, LLC | $49K | 25.48% |
| GOLDMAN SACHS & CO. LLC | $24K | 12.59% |
| WILLIAM BLAIR & COMPANY, L.L.C. | $10K | 5.19% |
| JP MORGAN SECURITIES LLC | $10K | 4.95% |
| PERSHING LLC | $9K | 4.80% |
| SVB SECURITIES LLC | $9K | 4.45% |
| Raymond James & Associates, Inc. | $9K | 4.41% |
| Truist Securities, Inc. | $8K | 4.23% |
| KEYBANC CAPITAL MARKETS, INC. | $6K | 2.88% |
AMG GW&K Small/Mid Cap Core Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GWGZX | Class Z | 0.82% | — |
| GWGIX | Class I | 0.87% | — |
| GWGVX | CLass N | 1.07% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.