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15 important things you should know about AMG Funds MSSCX mutual fund

Updated: September 10, 2020
71
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 MSSCX “stock” price, you can quickly find it out by visiting Finny and typing "MSSCX quote". If you’re looking for a quick scoop on MSSCX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "MSSCX". You’ll get all this info in one place.

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

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

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

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

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

Fact Sheet

1. Describe AMG Funds I: AMG Frontier Small Cap Growth Fund; Class I Shares (MSSCX).

The Fund seeks long-term capital appreciation by investing in the stocks of small, rapidly growing US companies, those with market capitalizations less than $2 billion. Normally, the Fund will invest at least 65% of its total assets in these US small cap companies.

2. What are MSSCX top holdings?

MSSCX has 108 stock holdings and 0 bond holdings.

The top 10 holdings represent 27.60% of total assets. Here are the top holdings:

Name Symbol % Assets
Cree Inc CREE 3.52%
Karyopharm Therapeutics Inc KPTI 3.29%
ACADIA Pharmaceuticals Inc ACAD 3.19%
Century Communities Inc CCS 2.86%
Immunomedics Inc IMMU 2.84%
Exact Sciences Corp EXAS 2.78%
Insulet Corp PODD 2.48%
Natera Inc NTRA 2.33%
Adaptive Biotechnologies Corp ADPT 2.30%
bluebird bio Inc BLUE 2.01%

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

MSSCX has generated the following returns:

  • 1-month return is -1.05%;
  • 3-month return is 6.94%;
  • 1-year return is 14.20%;
  • 3-year return is 14.03%;
  • 5-year return is 11.40%;
  • 10-year return is 12.56%;
  • 15-year return is 9.12%.

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

In the last 10 years, MSSCX had 8 up years and 2 down years.

5. What is MSSCX dividend yield?

MSSCX yield is 0%.

6. What is MSSCX minimum initial investment amount?

MSSCX minimum initial investment amount is N/A.

7. What is MSSCX expense ratio?

MSSCX expense ratio is 1.01%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 1.9%;
  • 3-year ax cost ratio is 6.79%.

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

  • 3-year beta is 1.46;
  • 5-year beta is 1.40;
  • 10-year beta is 1.35.

11. What is MSSCX Sharpe ratio?

  • 3-year Sharpe ratio is 0.52;
  • 5-year Sharpe ratio is 0.39;
  • 10-year Sharpe ratio is 0.64.

Analysis

12. 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.

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

The following are MSSCX strengths from our perspective:

  • MSSCX 3-year return is 14.03%, which is higher than the 3-year return of the benchmark index (Russell 2000 Growth TR USD), 9.39%.
  • MSSCX 5-year return is 11.4%, which is higher than the 5-year return of the benchmark index (Russell 2000 Growth TR USD), 10.03%.
  • MSSCX 10-year return is 12.56%, which is in line with the 10-year return of the benchmark index (Russell 2000 Growth TR USD), 12.89%.
  • MSSCX 15-year return is 9.12%, which is higher than the 15-year return of the benchmark index (Russell 2000 Growth TR USD), 8.9%.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

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

The following are MSSCX weaknesses from our perspective:

  • MSSCX net assets are $11.70 million. This fund is not a popular choice with retail investors.
  • MSSCX expense ratio is 1.01%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the MSSCX review, we covered MSSCX 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.
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