9 important things you should know about AMG Funds MMCFX 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
No sales load or distribution fees
Bear case
Low net assets
High expense ratio

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

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

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

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

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

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

Fact Sheet

1. Describe AMG Funds I: AMG Managers Emerging Opportunities Fund; Class N Shares (MMCFX).

The Fund seeks long-term capital appreciation by investing in stocks of U.S. micro-cap companies, those with market capitalizations less than $550 million. Normally, the Fund will invest at least 80% of its total assets in these U.S. micro-cap stocks.

2. What are MMCFX top holdings?

MMCFX has 309 stock holdings and 0 bond holdings.

The top 10 holdings represent 14.76% of total assets. Here are the top holdings:

Name Symbol % Assets
Model N Inc MODN 1.92%
Columbus McKinnon Corp CMCO 1.76%
Patrick Industries Inc PATK 1.73%
Compass Diversified Holdings CODI 1.56%
Ducommun Inc DCO 1.43%
TechTarget Inc TTGT 1.43%
Universal Electronics Inc UEIC 1.32%
Allied Motion Technologies Inc AMOT 1.22%
AMERISAFE Inc AMSF 1.20%
SiTime Corp Ordinary Shares SITM 1.19%

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

MMCFX has generated the following returns:

  • 1-month return is -1.65%;
  • 3-month return is -4.27%;
  • 1-year return is -4.27%;
  • 3-year return is 12.04%;
  • 5-year return is 12.35%;
  • 10-year return is 14.64%;
  • 15-year return is 9.23%.

4. What is MMCFX dividend yield?

MMCFX yield is 0.06%.

5. What is MMCFX minimum initial investment amount?

MMCFX minimum initial investment amount is $2.00K.

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

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

Analysis

7. What is Finny Score? buy or sell?

Finny Score is 71. Our quantitative analysis shows 5 reasons to buy and 2 reasons to sell it, resulting in the Finny Score of 71.

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

The following are MMCFX strengths from our perspective:

  • MMCFX 3-year return is 12.04%, which is higher than the 3-year return of the benchmark index (MSCI China NR USD), 7.96%.
  • MMCFX 5-year return is 12.35%, which is higher than the 5-year return of the benchmark index (MSCI China NR USD), 9.59%.
  • MMCFX 10-year return is 14.64%, which is higher than the 10-year return of the benchmark index (MSCI China NR USD), 8.16%.
  • MMCFX 15-year return is 9.23%, which is higher than the 15-year return of the benchmark index (MSCI China NR USD), 6.82%.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

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

The following are MMCFX weaknesses from our perspective:

  • MMCFX net assets are $111.60 million. This fund is not a popular choice with retail investors.
  • MMCFX expense ratio is 1.18%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the MMCFX review, we covered MMCFX 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.