MECZX Performance — AMG GW&K International Small Cap Fund, Class Z
Data updated: 2026-09-28
MECZX returned +9.53% year to date and +19.82% over one year to May 2026. Annualised returns are +12.32% over 3 years and +2.20% over 5 years. The fund trailed its International Small Blend category average: $100 invested three years ago grew to $142, against $167 for the category, and to $120 over one year, against $127. Volatility over the past three years was 14.10% a year. In the 12 months to May 2026 the fund took in a net $5.7M, and assets reached $50.81M.
MECZX Growth of $100
What $100 invested in AMG GW&K International Small Cap Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Small Blend category average over the same months.
| Period | MECZX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $120 | $127 |
| 3 years (Jun 2023 – May 2026) | $142 | $167 |
| 5 years (Jun 2021 – May 2026) | $111 | $142 |
| Since data start (Sep 2019 – May 2026) | $129 | $199 |
MECZX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.53% |
| 1 year | +19.82% |
| 3 years (annualised) | +12.32% |
| 5 years (annualised) | +2.20% |
MECZX Annual Returns
Calendar-year total returns of AMG GW&K International Small Cap Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +9.52% |
| 2025 | +20.97% |
| 2024 | +2.23% |
| 2023 | +6.30% |
| 2022 | −20.24% |
| 2021 | +2.41% |
| 2020 | +1.82% |
| 2019 (Sep–Dec) | +7.37% |
MECZX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.2% | +5.7% | −8.5% | +7.2% | +2.2% | — | — | — | — | — | — | — |
| 2025 | −0.2% | +1.6% | −1.3% | +5.4% | +4.9% | +4.3% | −0.6% | +3.1% | +0.1% | −1.9% | +1.4% | +2.8% |
| 2024 | −1.0% | +3.9% | +4.7% | −4.5% | +3.5% | −2.6% | +4.6% | +2.3% | +0.9% | −6.6% | +0.2% | −2.3% |
| 2023 | +6.2% | −2.3% | +2.6% | −0.9% | −3.8% | +2.7% | +2.9% | −3.1% | −5.8% | −5.7% | +7.6% | +6.8% |
| 2022 | −7.8% | −1.1% | −2.0% | −8.4% | −0.8% | −7.6% | +5.8% | −5.0% | −10.4% | +5.1% | +10.7% | +1.6% |
| 2021 | −2.3% | +1.1% | +3.6% | +3.4% | −0.2% | −1.5% | +1.0% | +1.9% | −6.0% | 0.0% | −4.2% | +6.4% |
| 2020 | −2.1% | −7.7% | −23.4% | +13.1% | +5.1% | +1.5% | +2.5% | +2.9% | −1.5% | +0.9% | +7.3% | +8.4% |
| 2019 | — | — | — | — | — | — | — | — | −1.1% | +2.8% | +4.1% | +1.4% |
MECZX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 14.10%
- 3-year Sharpe ratio: 0.55 (vs 4.5% risk-free rate)
- Best month: +7.64% (Nov 2023)
- Worst month: −8.46% (Mar 2026)
MECZX Fund Flows
Monthly money in and out of AMG GW&K International Small Cap Fund, from SEC Form N-PORT.
- 12-month net flow: $5.7M
- 12-month gross sales (incl. reinvestments): $11.0M
- Sales ÷ redemptions: 2.06×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $2.2M | $1.1M | $1.0M |
| Apr 2026 | $1.3M | $421K | $836K |
| Mar 2026 | $858K | $684K | $174K |
| Feb 2026 | $1.1M | $441K | $676K |
| Jan 2026 | $79K | $212K | −$132K |
| Dec 2025 | $1.6M | $772K | $878K |
| Nov 2025 | $390K | $360K | $31K |
| Oct 2025 | $2.1M | $217K | $1.9M |
| Sep 2025 | $566K | $270K | $297K |
| Aug 2025 | $152K | $188K | −$36K |
| Jul 2025 | $585K | $370K | $215K |
| Jun 2025 | $97K | $279K | −$183K |
MECZX Assets Under Management
Net assets of AMG GW&K International Small Cap Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-29 | $50.81M |
| 2026-02-27 | $48.58M |
| 2025-11-28 | $43.50M |
| 2025-08-29 | $41.48M |
| 2025-05-30 | $38.81M |
| 2025-02-28 | $38.59M |
| 2024-11-29 | $39.80M |
| 2024-08-30 | $40.68M |
| 2024-05-31 | $40.20M |
| 2024-02-29 | $38.99M |
| 2023-11-30 | $35.11M |
| 2023-08-31 | $36.96M |
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.