7-day free trial: Get unlimited comparisons, and stock, ETF and mutual fund analyses for just $14.95 a month, without ads. Start a free trial. Go ad free!

15 important things you should know about FQUAX mutual fund

Updated: September 10, 2020
N/A
Bull Case
  • No Bull case arguments for now!
Bear Case
  • Low net assets
  • 3-year return below the benchmark
  • 5-year return below the benchmark
  • 10-year return below the benchmark
  • High expense ratio
  • Sales load and/or distribution fees

Before we start: if you’re looking for FQUAX “stock” price, you can quickly find it out by visiting Finny and typing "FQUAX quote". If you’re looking for a quick scoop on FQUAX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "FQUAX". You’ll get all this info in one place.

Are you looking to buy or sell FQUAX? Or perhaps you’re looking for FQUAX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this FQUAX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: FQUAX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: FQUAX buy or sell; the pros and cons of investing in FQUAX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to FQUAX.

And here is the list of questions we’ll answer:

  1. Describe AMG Funds I: AMG FQ U.S. Equity Fund; Class N Shares (FQUAX).
  2. What are FQUAX holdings?
  3. What is FQUAX performance? What are FQUAX historical returns?
  4. How many up and down years did FQUAX have historically?
  5. What is FQUAX dividend yield?
  6. What is FQUAX minimum initial investment amount?
  7. What is FQUAX expense ratio?
  8. Does FQUAX have any sales loads or 12b-1 distribution expenses?
  9. What is FQUAX tax efficiency (tax-cost ratio)?
  10. What is FQUAX beta? How would you assess FQUAX risk?
  11. What is FQUAX Sharpe ratio?
  12. What is FQUAX Finny Score? FQUAX buy or sell?
  13. What are the pros of investing in FQUAX? What are FQUAX buy reasons?
  14. What are the cons of investing in FQUAX? What are FQUAX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe AMG Funds I: AMG FQ U.S. Equity Fund; Class N Shares (FQUAX).

The Fund seeks long-term capital appreciation by investing in the stocks of large U.S. companies. Normally, the Fund will invest at least 65% of its total assets in these large cap stocks.

2. What are FQUAX top holdings?

FQUAX has 98 stock holdings and 0 bond holdings.

The top 10 holdings represent 13.56% of total assets. Here are the top holdings:

Name Symbol % Assets
Long Swap Basket - Receive Leg N/A 6.33%
Short Swap Basket - Receive Leg N/A 3.00%
Johnson & Johnson JNJ 0.61%
Usana Health Sciences Inc USNA 0.60%
Orthofix Medical Inc OFIX 0.58%
Exxon Mobil Corp XOM 0.56%
Novavax Inc NVAX 0.54%
Berkshire Hathaway Inc Class B BRK.B 0.49%
MISTRAS Group Inc MG 0.45%
American Tower Corp AMT 0.40%

3. What is FQUAX performance? What are FQUAX historical returns?

FQUAX has generated the following returns:

  • 1-month return is 3.14%;
  • 3-month return is -1.71%;
  • 1-year return is -10.49%;
  • 3-year return is 3.33%;
  • 5-year return is 6.33%;
  • 10-year return is 9.78%.

4. How many up and down years did FQUAX have historically?

In the last 10 years, FQUAX had 9 up years and 1 down year.

5. What is FQUAX dividend yield?

FQUAX yield is 0.1%.

6. What is FQUAX minimum initial investment amount?

FQUAX minimum initial investment amount is $3.00K.

7. What is FQUAX expense ratio?

FQUAX expense ratio is 1.07%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

8. Does FQUAX have any sales loads or 12b-1 distribution expenses?

FQUAX 12b-1 distribution fee is 0.25. FQUAX front-end sales load is 0. FQUAX back-end sales load is 0.

9. What is FQUAX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 1.31%;
  • 3-year ax cost ratio is 3.66%.

10. What is FQUAX beta? How would you assess FQUAX risk?

  • 3-year beta is 0.49;
  • 5-year beta is 0.56;
  • 10-year beta is 0.73.

11. What is FQUAX Sharpe ratio?

  • 3-year Sharpe ratio is 0.11;
  • 5-year Sharpe ratio is 0.34;
  • 10-year Sharpe ratio is 0.82.

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 0. Our quantitative analysis shows 0 reasons to buy and 6 reasons to sell it, resulting in the Finny Score of 0.

13. What are the pros of investing in FQUAX? What are FQUAX buy reasons?

We don't see any strong reasons to buy FQUAX.

14. What are the cons of investing in FQUAX? What are FQUAX negatives?

The following are FQUAX weaknesses from our perspective:

  • FQUAX net assets are $14.50 million. This fund is not a popular choice with retail investors.
  • FQUAX 3-year return is 3.33%, which is lower than the 3-year return of the benchmark index (Russell 3000 TR USD), 12.98%.
  • FQUAX 5-year return is 6.33%, which is lower than the 5-year return of the benchmark index (Russell 3000 TR USD), 13.89%.
  • FQUAX 10-year return is 9.78%, which is lower than the 10-year return of the benchmark index (Russell 3000 TR USD), 14.06%.
  • FQUAX expense ratio is 1.07%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 sales fee. The maximum 12b1 fee is 0.25%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund.
In the FQUAX review, we covered FQUAX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
Follow Us