9 important things you should know about AMG Funds MFDAX mutual fund
Updated: December 01, 2021
Bull case
3-year return above the benchmark
5-year return above the benchmark
10-year return above the benchmark
15-year return above the benchmark
Bear case
Low net assets
High expense ratio
Sales load and/or distribution fees

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

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

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

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

  1. Describe AMG Funds II: AMG GW&K Enhanced Core Bond Fund; Class N Shares (MFDAX).
  2. What are MFDAX holdings?
  3. What is MFDAX performance? What are MFDAX historical returns?
  4. What is MFDAX dividend yield?
  5. What is MFDAX minimum initial investment amount?
  6. Does MFDAX have any sales loads or 12b-1 distribution expenses?
  7. What is MFDAX Finny Score? MFDAX buy or sell?
  8. What are the pros of investing in MFDAX? What are MFDAX buy reasons?
  9. What are the cons of investing in MFDAX? What are MFDAX sell reasons?

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

Fact Sheet

1. Describe AMG Funds II: AMG GW&K Enhanced Core Bond Fund; Class N Shares (MFDAX).

The Fund seeks the highest level of income as is consistent with preservation of capital by investing primarily in investment grade debt securities.

2. What are MFDAX top holdings?

MFDAX has 0 stock holdings and 134 bond holdings.

The top 10 holdings represent 22.99% of total assets. Here are the top holdings:

Name Symbol % Assets
Federal National Mortgage Association 4% N/A 3.58%
United States Treasury Bonds 4.5% N/A 3.57%
Federal National Mortgage Association 4.5% N/A 2.80%
Federal National Mortgage Association 2% N/A 2.31%
Federal Home Loan Mortgage Corporation 3.29% N/A 2.26%
CALIFORNIA ST 7.55% N/A 1.85%
Fnma Pass-Thru I 2.5% N/A 1.75%
Federal Home Loan Mortgage Corporation 5% N/A 1.74%
Federal National Mortgage Association 3.5% N/A 1.67%
The Charles Schwab Corporation 5.38% N/A 1.46%

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

MFDAX has generated the following returns:

  • 1-month return is -0.17%;
  • 3-month return is -1.07%;
  • 1-year return is -1.07%;
  • 3-year return is 6.43%;
  • 5-year return is 4.06%;
  • 10-year return is 3.79%;
  • 15-year return is 4.35%.

4. What is MFDAX dividend yield?

MFDAX yield is 1.42%.

5. What is MFDAX minimum initial investment amount?

MFDAX minimum initial investment amount is $3.00K.

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

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

Analysis

7. What is Finny Score? buy or sell?

Finny Score is 57. Our quantitative analysis shows 4 reasons to buy and 3 reasons to sell it, resulting in the Finny Score of 57.

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

The following are MFDAX strengths from our perspective:

  • MFDAX 3-year return is 6.43%, which is higher than the 3-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), 5.24%.
  • MFDAX 5-year return is 4.06%, which is higher than the 5-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), 3.48%.
  • MFDAX 10-year return is 3.79%, which is higher than the 10-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), 2.89%.
  • MFDAX 15-year return is 4.35%, which is higher than the 15-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), 4.03%.

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

The following are MFDAX weaknesses from our perspective:

  • MFDAX net assets are $14.10 million. This fund is not a popular choice with retail investors.
  • MFDAX expense ratio is 0.73%, 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 MFDAX review, we covered MFDAX 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.