TSCIX Fees and Costs — AMG TimesSquare Small Cap Growth Fund, Class Z
Data updated: 2026-08-27
The net expense ratio is 0.97%: a 0.76% management fee plus 0.30% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $153K in broker commissions, 0.1364% of average net assets, and portfolio turnover was 96%.
TSCIX Fees and Expenses
Annual operating expenses and sales charges of TSCIX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.76% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 1.07% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.97% |
| 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 |
TSCIX Costs Over Time
On $10,000 invested in TSCIX, assuming 5% a year before costs, total costs come to $691 over 5 years, cutting the return by 1.16% 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 0.97%) | $102 | $317 | $550 |
| Trading costs (broker commissions) | $14 | $45 | $77 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $116 | $380 | $691 |
| Value after costs | $10,384 | $11,196 | $12,072 |
| Impact on return, per year | 1.16% | 1.16% | 1.16% |
TSCIX 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): 0.1364%
- Total broker commissions: $153K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 96%
- Securities on loan, average value: $13.7M
- Net income from securities lending: $38K (0.034% of average net assets)
TSCIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cowen and Company, LLC | $28K | 27.02% |
| PIPER SANDLER & CO. | $14K | 13.23% |
| Robert W. Baird & Co. Incorporated | $11K | 10.28% |
| Merrill Lynch Pierce Fenner & Smith Inc | $11K | 10.12% |
| STIFEL, NICOLAUS & CO INC | $10K | 9.19% |
| JEFFERIES LLC | $8K | 7.70% |
| VIRTU AMERICAS LLC | $8K | 7.36% |
| RBC CAPITAL MARKETS, LLC | $5K | 5.07% |
| KEYBANC CAPITAL MARKETS, INC. | $5K | 5.04% |
| J.P. Morgan Securities LLC | $5K | 4.98% |
AMG TimesSquare Small Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TSCIX | Class Z | 0.97% | — |
| TSQIX | Class I | 1.03% | — |
| TSCPX | Class N | 1.17% | — |
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.