Fund Evaluator:
AMG Yacktman I (YACKX)
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Best Performing in Large Value Over the Last Year
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Fund Details
AMG Yacktman I Overview
AMG Yacktman I (YACKX) is an actively managed U.S. Equity Large Value fund. AMG Funds launched the fund in 1992.
The investment seeks long-term capital appreciation and, to a lesser extent, current income. The fund invests primarily in domestic equity securities. It also may invest in foreign equity securities, including emerging market securities, and debt securities. The fund may invest up to 30% of its assets in foreign equity securities. Its investments in equity securities may include common stocks, preferred stocks, convertible preferred stocks and ADRs. It may invest up to 20% of its assets in such debt securities, including junk bonds, in any proportion provided that the total invested does not exceed the 20% threshold.
About AMG Yacktman I (YACKX)
There are 3 members of the management team with an average tenure of 15.06 years: Jason Subotky (2009), Adam Sues (2021), Stephen Yacktman (2002). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Russell 1000 Value TR USD index with a weighting of 100%. AMG Yacktman I has 59 securities in its portfolio. The top 10 holdings constitute 41.2% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
AMG Yacktman I is part of the Equity global asset class and is within the U.S. Equity fund group. AMG Yacktman I has 27.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 60.9%. There is 27.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 3.0% (3.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). AMG Yacktman I has 8.5% of the portfolio in cash.
Assets Under Management
The fund has $7 billion in total assets, which is above the $1 billion average for the Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
YACKX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The AMG Yacktman I expense ratio is above average compared to funds in the Large Value category. AMG Yacktman I has an expense ratio of 0.70%, which is 24% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. AMG Yacktman I has a portfolio turnover rate of 1%, indicating that holds its assets around 1.0 years. By way of comparison, the average portfolio turnover is 62% for the Large Value category.
Recently, in the month of June 2026, AMG Yacktman I returned -3.4%, which earned it a grade of F, as the Large Value category had an average return of 1.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
AMG Yacktman I has a trailing yield of 3.93%, which is above the 1.25% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
AMG Yacktman I Grades
Year to date, the fund has returned 13.7%, 2.6 percentage points better than the category, which translates into a grade of B. The fund has returned 27.0% over the past year (grade of A), 15.9% over the past three years (grade of C) and 9.9% per year over the past five years (grade of D) and 12.1% per year over the past 10 years (grade of B).
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YACKX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| YACKX Return (NAV) | -3.4% | 7.6% | 27.0% | 15.9% | 9.9% | 12.1% |
| YACKX Grade | F | D | A | C | D | B |
| +/- Category | -5.0% | -2.2% | 6.0% | -0.1% | -0.5% | 0.8% |
| Large Value Avg | 1.6% | 9.8% | 21.0% | 15.9% | 10.4% | 11.3% |
| YACKX Tax Cost Ratio | na | na | 4.5% | 2.7% | 2.2% | 2.5% |
YACKX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| YACKX Return (NAV) | 13.7% | 19.8% | 4.9% | 15.4% | -7.4% | 19.6% | 15.3% | 17.7% | 2.7% | 18.2% | 11.2% |
| YACKX Grade | B | A | F | B | D | F | A | F | A | B | F |
| +/- Category | 2.6% | 4.6% | -9.2% | 3.5% | -1.3% | -6.2% | 11.4% | -8.0% | 11.1% | 1.8% | -3.3% |
| Large Value Avg | 11.1% | 15.2% | 14.1% | 11.8% | -6.1% | 25.8% | 3.8% | 25.6% | -8.5% | 16.4% | 14.5% |
| Risk Measures | |
| Standard Deviation: | 11.5% |
| Total Risk Index: | 0.95 - Average |
| Category Risk Index: | 0.96 - Below Average |
| Category Risk Grade: | B (32% Rank) |
| Beta: | 0.67 |
| R-Squared: | 58% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 3.9% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $7268 Mil |
| Fund Total Assets: | $7,268 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 1% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 23.5 years | |||
| Average Tenure: 15.1 years | |||
| Managers (Year): Yacktman Stephen (2002), Subotky Jason (2009), Sues Adam (2021) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 59 |
| % in Top 10 Holdings: | 41.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 27.7% |
Portfolio Allocation |
|
| Domestic Stock: | 60.9% |
| Foreign Stock: | 27.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 3.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 8.5% |
Purchase Information
| Fund Family: | AMG Funds |
| Phone Number: | 800-548-4539 |
| Website: | www.amgfunds.com |
| Status: | Open |
| Inception Date: | July 6, 1992 |
| Min. Initial Purchase: | $100,000 |
| Min. Initial IRA Purchase: | $25,000 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.70% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.93% |
| Share Class: | AMG Yacktman I |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
