YACKX Fees and Costs — AMG Yacktman Fund, Class I
Data updated: 2026-08-27
The net expense ratio is 0.70%: a 0.43% management fee plus 0.27% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1.7M in broker commissions, 0.0249% of average net assets, and portfolio turnover was 1%.
YACKX Fees and Expenses
Annual operating expenses and sales charges of YACKX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.43% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.27% |
| Gross expense ratio | 0.70% |
| Fee waiver | — |
| Net expense ratio | 0.70% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
YACKX Costs Over Time
On $10,000 invested in YACKX, assuming 5% a year before costs, total costs come to $456 over 5 years, cutting the return by 0.76% 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 0.70%) | $74 | $230 | $400 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $76 | $250 | $456 |
| Value after costs | $10,424 | $11,326 | $12,307 |
| Impact on return, per year | 0.76% | 0.76% | 0.76% |
YACKX 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): 0.0249%
- Total broker commissions: $1.7M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 1%
- Securities on loan, average value: $77.7M
- Net income from securities lending: $207K (0.003% of average net assets)
YACKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PIPER SANDLER & CO. | $544K | 31.86% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $364K | 21.30% |
| CLSA AMERICAS, LLC | $324K | 18.99% |
| GOLDMAN SACHS & CO. LLC | $215K | 12.59% |
| PERSHING LLC | $137K | 8.02% |
| Cowen and Company, LLC | $108K | 6.32% |
| BTIG, LLC | $9K | 0.53% |
| SANFORD C. BERNSTEIN & CO., LLC | $4K | 0.23% |
| JONESTRADING | $2K | 0.15% |
| LUMINEX TRADING & ANALYTICS LLC | $180 | 0.01% |
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.