AMG Yacktman Focused Fund
Actively managed global stock fund
As of its 2026 Q2 report, AMG Yacktman Focused Fund held 55 positions with $3.08B in net assets. Its ten largest holdings made up 53.1% of the fund. The YAFFX share class costs 1.25% a year. Over the 12 months to May 2026, YAFFX returned 49.8%, with dividends reinvested. In 2026 Q2 it added 6 new positions and exited 3.
The AMG Yacktman Focused Funds (the Fund) investment objective is to seek long-term capital appreciation and, to a lesser extent, current income.
The fund is managed by subadviser Yacktman Asset Management, which selects securities across market capitalizations based on a disciplined process seeking companies with good business fundamentals, shareholder-oriented management, or low valuation. The fund invests primarily in equities but may hold up to 20% in debt securities including high-yield bonds, and maintains flexibility to concentrate assets in a small number of issuers, sectors, or industries at the subadviser's discretion. Because the fund is non-diversified and may invest substantially in few issuers, performance depends heavily on those individual security selections.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
SAMSUNG ELECTRONICS CO LTD | 13.74% | $423.07M | 3.0M | $141.02 |
CNQCANADIAN NATURAL RESOURCES LTD | 7.31% | $225.15M | 5.7M | $39.50 |
BOLLORE SE | 6.17% | $190.09M | 41.0M | $4.64 |
MGMXXJPMORGAN TRUST II | 4.89% | $150.63M | — | — |
4.55% | $140.11M | 280.0K | $500.39 | |
ASSOCIATED BRITISH FOODS PLC | 4.27% | $131.44M | 5.0M | $26.29 |
HYUNDAI MOBIS COMPANY LTD | 3.21% | $98.80M | 300.0K | $329.33 |
FIXED INCOME CLEARING CORPORATION | 3.12% | $96.00M | — | — |
UHAL/BU-HAUL HOLDING COMPANY | 3.07% | $94.63M | 1.6M | $57.70 |
HYUNDAI MOTOR COMPANY | 2.77% | $85.24M | 600.0K | $142.07 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 55 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 85.39% |
| Cash & short-term | 8.80% |
| Bonds | 4.37% |
By sector
- International
- 39.7%
- Energy
- 9.8%
- Consumer Staples
- 8.1%
- Financials
- 7.9%
- 9 other sectors
- 34.5%
- International
- 39.7%
- Energy
- 9.8%
- Consumer Staples
- 8.1%
- Financials
- 7.9%
- Industrials
- 5.8%
- Communication Services
- 5.7%
- Cash
- 5.0%
- Other
- 4.7%
- Information Technology
- 4.4%
- Government
- 3.7%
- Health Care
- 2.3%
- Materials
- 1.8%
- Consumer Discretionary
- 1.2%
How it has done
YAFFX share class · total returns with dividends reinvested
Volatility over the last 12 months: 16.93%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 2 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 1.25% | +49.80% | +78.77% | +75.78% | -7.98% | |
| 1.06% | +50.06% | +79.82% | +77.57% | -7.91% |
These classes hold the same portfolio, so the 1.79pp spread over 5 years is the cost difference between them — roughly 0.36pp a year — not a difference in what they own.
Fees & fund details
AMG Yacktman Focused Fund is an actively managed global equity fund.
- Asset class
- Equity
- Region
- Global
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Non-diversified
- Expense ratio, by class
- 1.06% – 1.25%· YAFFX 1.25%
- Portfolio turnover
- 1.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
6 new
3 exited
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Zero-coupon or unclassified | 83.3% |
| Fixed rate | 16.7% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 83.3% |
| 3-5y | 16.7% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Understand how this fund fits with the rest.
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