Fund Evaluator:
AMG River Road Mid Cap Value N (CHTTX)
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Best Performing in Mid-Cap Value Over the Last Year
| 40.0% | Fidelity Value Strategies (FSLSX) |
| 39.4% | Fidelity Advisor Mid Cap Value Z (FIDFX) |
| 39.2% | Fidelity Mid Cap Value (FSMVX) |
| 35.7% | Fidelity Advisor Value Z (FVLZX) |
| 35.5% | Fidelity Value (FDVLX) |
Fund Details
AMG River Road Mid Cap Value N Overview
AMG River Road Mid Cap Value N (CHTTX) is an actively managed U.S. Equity Mid-Cap Value fund. AMG Funds launched the fund in 1994.
The investment seeks long-term total return through capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of mid-capitalization companies. The adviser currently considers mid-cap companies to be those with market capitalizations at the time of acquisition within the capitalization range of the Russell Midcap® Index.
About AMG River Road Mid Cap Value N (CHTTX)
There are 2 members of the management team with an average tenure of 5.28 years: Matthew Moran (2021), Daniel Johnson (2021). 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 Mid Cap Value TR USD index with a weighting of 100%. AMG River Road Mid Cap Value N has 52 securities in its portfolio. The top 10 holdings constitute 30.2% 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 River Road Mid Cap Value N is part of the Equity global asset class and is within the U.S. Equity fund group. AMG River Road Mid Cap Value N has 13.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 82.3%. There is 13.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). AMG River Road Mid Cap Value N has 4.3% of the portfolio in cash.
Assets Under Management
The fund has $193 million in total assets, which is below the $647 million average for the Mid-Cap 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.
CHTTX 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 River Road Mid Cap Value N expense ratio is high compared to funds in the Mid-Cap Value category. AMG River Road Mid Cap Value N has an expense ratio of 1.11%, which is 8% higher than its category average, making the fund expense ratio grade a D. 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 River Road Mid Cap Value N has a portfolio turnover rate of 93%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 50% for the Mid-Cap Value category.
Recently, in the month of June 2026, AMG River Road Mid Cap Value N returned 2.8%, which earned it a grade of D, as the Mid-Cap Value category had an average return of 3.2%. 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 River Road Mid Cap Value N has a trailing yield of 0.14%, which is below the 0.90% 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 River Road Mid Cap Value N Grades
Year to date, the fund has returned 2.3%, 11.4 percentage points worse than the category, which translates into a grade of F. The fund has returned 9.9% over the past year (grade of F), 13.0% over the past three years (grade of D) and 10.0% per year over the past five years (grade of B) and 10.0% per year over the past 10 years (grade of C).
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CHTTX 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 |
|
| CHTTX Return (NAV) | 2.8% | 5.2% | 9.9% | 13.0% | 10.0% | 10.0% |
| CHTTX Grade | D | F | F | D | B | C |
| +/- Category | -0.4% | -6.3% | -12.7% | -1.4% | 1.0% | -0.4% |
| Mid-Cap Value Avg | 3.2% | 11.5% | 22.6% | 14.4% | 9.0% | 10.4% |
| CHTTX Tax Cost Ratio | na | na | 3.4% | 2.3% | 2.1% | 3.3% |
CHTTX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| CHTTX Return (NAV) | 2.3% | 11.7% | 13.6% | 22.6% | -8.3% | 32.0% | 3.9% | 15.5% | -18.6% | 11.5% | 24.1% |
| CHTTX Grade | F | B | B | A | C | B | C | F | F | D | A |
| +/- Category | -11.4% | 1.9% | 1.8% | 8.8% | -0.1% | 4.5% | 0.1% | -10.9% | -5.2% | -2.6% | 6.7% |
| Mid-Cap Value Avg | 13.8% | 9.9% | 11.8% | 13.9% | -8.2% | 27.5% | 3.8% | 26.3% | -13.4% | 14.1% | 17.4% |
| Risk Measures | |
| Standard Deviation: | 13.4% |
| Total Risk Index: | 1.11 - Above Average |
| Category Risk Index: | 0.91 - Below Average |
| Category Risk Grade: | B (23% Rank) |
| Beta: | 0.72 |
| R-Squared: | 49% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.1% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $397 Mil |
| Fund Total Assets: | $ 193 Mil |
| Share Class Type: | N |
| Portfolio Turnover: | 93% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 5.3 years | |||
| Average Tenure: 5.3 years | |||
| Managers (Year): Moran Matthew (2021), Johnson Daniel (2021) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 52 |
| % in Top 10 Holdings: | 30.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 13.4% |
Portfolio Allocation |
|
| Domestic Stock: | 82.3% |
| Foreign Stock: | 13.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 4.3% |
Purchase Information
| Fund Family: | AMG Funds |
| Phone Number: | 800-548-4539 |
| Website: | www.amgfunds.com |
| Status: | Open |
| Inception Date: | September 19, 1994 |
| Min. Initial Purchase: | $2,000 |
| Min. Initial IRA Purchase: | $1,000 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.11% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.03% |
| Share Class: | AMG River Road Mid Cap Value N |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
