9 important things you should know about AMG Funds FQUAX mutual fund
Updated: November 24, 2021
Bull case
5-year return above the benchmark
15-year return above the benchmark
Bear case
Low net assets
3-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. What is FQUAX dividend yield?
  5. What is FQUAX minimum initial investment amount?
  6. Does FQUAX have any sales loads or 12b-1 distribution expenses?
  7. What is FQUAX Finny Score? FQUAX buy or sell?
  8. What are the pros of investing in FQUAX? What are FQUAX buy reasons?
  9. 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 347 stock holdings and 0 bond holdings.

The top 10 holdings represent 5.08% of total assets. Here are the top holdings:

Name Symbol % Assets
Prologis Inc PLD 0.85%
Neurocrine Biosciences Inc NBIX 0.65%
Donaldson Co Inc DCI 0.64%
IAC/InterActiveCorp Ordinary Shares - New IAC 0.60%
Johnson & Johnson JNJ 0.50%
IQVIA Holdings Inc IQV 0.42%
Exxon Mobil Corp XOM 0.38%
ConocoPhillips COP 0.37%
American Tower Corp AMT 0.34%
Berkshire Hathaway Inc Class B BRK.B 0.33%

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

FQUAX has generated the following returns:

  • 1-month return is 1.04%;
  • 3-month return is 1.57%;
  • 1-year return is 1.57%;
  • 3-year return is 7.25%;
  • 5-year return is 10.64%;
  • 10-year return is 11.24%;
  • 15-year return is 7.04%.

4. What is FQUAX dividend yield?

FQUAX yield is 16.55%.

5. What is FQUAX minimum initial investment amount?

FQUAX minimum initial investment amount is $3.00K.

6. 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.

Analysis

7. What is Finny Score? buy or sell?

Finny Score is 29. Our quantitative analysis shows 2 reasons to buy and 5 reasons to sell it, resulting in the Finny Score of 29.

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

The following are FQUAX strengths from our perspective:

  • FQUAX 5-year return is 10.64%, which is in line with the 5-year return of the benchmark index (Russell 1000 Value TR USD), 11.38%.
  • FQUAX 15-year return is 7.04%, which is in line with the 15-year return of the benchmark index (Russell 1000 Value TR USD), 7.5%.

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

The following are FQUAX weaknesses from our perspective:

  • FQUAX net assets are $4.50 million. This fund is not a popular choice with retail investors.
  • FQUAX 3-year return is 7.25%, which is lower than the 3-year return of the benchmark index (Russell 1000 Value TR USD), 13.18%.
  • FQUAX 10-year return is 11.24%, which is lower than the 10-year return of the benchmark index (Russell 1000 Value TR USD), 13.17%.
  • FQUAX expense ratio is 1.04%, 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.