YAFIX Fees and Costs — AMG Yacktman Focused Fund, Class I
Data updated: 2026-08-27
The net expense ratio is 1.06%: a 0.87% management fee plus 0.19% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $810K in broker commissions, 0.0305% of average net assets, and portfolio turnover was 1%.
YAFIX Fees and Expenses
Annual operating expenses and sales charges of YAFIX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.87% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 1.06% |
| Fee waiver | — |
| Net expense ratio | 1.06% |
| 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 |
YAFIX Costs Over Time
On $10,000 invested in YAFIX, assuming 5% a year before costs, total costs come to $681 over 5 years, cutting the return by 1.15% 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 1.06%) | $111 | $347 | $601 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $18 | $62 |
| Total costs | $115 | $375 | $681 |
| Value after costs | $10,385 | $11,202 | $12,082 |
| Impact on return, per year | 1.15% | 1.15% | 1.15% |
YAFIX 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): 0.0305%
- Total broker commissions: $810K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 1%
- Securities on loan, average value: $14.6M
- Net income from securities lending: $186K (0.007% of average net assets)
YAFIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| DAIWA CAPITAL MARKETS AMERICA INC. | $302K | 37.30% |
| GOLDMAN SACHS & CO. LLC | $182K | 22.50% |
| PIPER SANDLER & CO. | $181K | 22.33% |
| CLSA AMERICAS, LLC | $79K | 9.75% |
| Titan Advisors, LLC | $42K | 5.24% |
| SANFORD C. BERNSTEIN & CO., LLC | $8K | 1.04% |
| JONESTRADING | $7K | 0.90% |
| Berenberg Capital Markets LLC | $4K | 0.49% |
| BTIG, LLC | $4K | 0.44% |
| LUMINEX TRADING & ANALYTICS LLC | $90 | 0.01% |
AMG Yacktman Focused Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| YAFIX | Class I | 1.06% | — |
| YAFFX | Class N | 1.25% | — |
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.