9 important things you should know about AMG Funds MEQFX mutual fund
Updated: December 01, 2021
Bull case
5-year return above the benchmark
15-year return above the benchmark
No sales load or distribution fees
Bear case
Low net assets
3-year return below the benchmark
10-year return below the benchmark
High expense ratio

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

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

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

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

  1. Describe AMG Funds I: AMG FQ U.S. Equity Fund; Class I Shares (MEQFX).
  2. What are MEQFX holdings?
  3. What is MEQFX performance? What are MEQFX historical returns?
  4. What is MEQFX dividend yield?
  5. What is MEQFX minimum initial investment amount?
  6. Does MEQFX have any sales loads or 12b-1 distribution expenses?
  7. What is MEQFX Finny Score? MEQFX buy or sell?
  8. What are the pros of investing in MEQFX? What are MEQFX buy reasons?
  9. What are the cons of investing in MEQFX? What are MEQFX 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 I Shares (MEQFX).

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 MEQFX top holdings?

MEQFX 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 MEQFX performance? What are MEQFX historical returns?

MEQFX has generated the following returns:

  • 1-month return is -1.72%;
  • 3-month return is -0.32%;
  • 1-year return is -0.32%;
  • 3-year return is 7.23%;
  • 5-year return is 10.34%;
  • 10-year return is 11.96%;
  • 15-year return is 7.18%.

4. What is MEQFX dividend yield?

MEQFX yield is 16.49%.

5. What is MEQFX minimum initial investment amount?

MEQFX minimum initial investment amount is N/A.

6. Does MEQFX have any sales loads or 12b-1 distribution expenses?

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

Analysis

7. What is Finny Score? buy or sell?

Finny Score is 43. Our quantitative analysis shows 3 reasons to buy and 4 reasons to sell it, resulting in the Finny Score of 43.

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

The following are MEQFX strengths from our perspective:

  • MEQFX 5-year return is 10.34%, which is in line with the 5-year return of the benchmark index (Russell 1000 Value TR USD), 10.76%.
  • MEQFX 15-year return is 7.18%, which is in line with the 15-year return of the benchmark index (Russell 1000 Value TR USD), 7.41%.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

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

The following are MEQFX weaknesses from our perspective:

  • MEQFX net assets are $36.90 million. This fund is not a popular choice with retail investors.
  • MEQFX 3-year return is 7.23%, which is lower than the 3-year return of the benchmark index (Russell 1000 Value TR USD), 13.07%.
  • MEQFX 10-year return is 11.96%, which is lower than the 10-year return of the benchmark index (Russell 1000 Value TR USD), 13.6%.
  • MEQFX expense ratio is 0.76%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the MEQFX review, we covered MEQFX 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.