MEQFX Fees and Costs — AMG River Road Large Cap Value Select Fund, Class I
Data updated: 2026-09-25
The net expense ratio is 0.64%: a 0.35% management fee plus 0.44% other expenses, less a 0.15% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $25K in broker commissions, 0.0508% of average net assets, and portfolio turnover was 115%.
MEQFX Fees and Expenses
Annual operating expenses and sales charges of MEQFX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.44% |
| Gross expense ratio | 0.79% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.64% |
| 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 |
MEQFX Costs Over Time
On $10,000 invested in MEQFX, assuming 5% a year before costs, total costs come to $435 over 5 years, cutting the return by 0.73% 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 0.64%) | $67 | $210 | $366 |
| Trading costs (broker commissions) | $5 | $17 | $29 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $238 | $435 |
| Value after costs | $10,427 | $11,338 | $12,328 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
MEQFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0508%
- Total broker commissions: $25K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 115%
- Securities on loan, average value: $1.2M
- Net income from securities lending: $6K (0.013% of average net assets)
MEQFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CANTOR FITZGERALD & CO. | $9K | 34.54% |
| GOLDMAN SACHS & CO. LLC | $6K | 23.06% |
| INSTINET, LLC | $5K | 18.14% |
| PERSHING LLC | $3K | 10.53% |
| Merrill Lynch Pierce Fenner & Smith Inc | $2K | 9.17% |
| NATIONAL FINANCIAL SERVICES LLC | $629 | 2.50% |
| Raymond James & Associates, Inc. | $349 | 1.39% |
| ROBERT W. BAIRD & CO. INC. | $138 | 0.55% |
| JEFFERIES LLC | $35 | 0.14% |
AMG River Road Large Cap Value Select Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MEQFX | Class I | 0.64% | — |
| FQUAX | Class N | 0.95% | — |
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.