AMG GW&K High Income Fund Class N (MGGBX)
AMG GW&K High Income Fund Class N operates in the Asset Management - Income industry of the Financial Services sector. The stock last traded at $20.78, down 0.05% on the session, giving a market capitalisation of $5.7M. Its beta of 0.65 implies it has historically moved less than the broad market.
This fund primarily invests in a diverse portfolio of short-term corporate bonds that are rated below investment grade, commonly known as high-yield securities or junk bonds. Its primary goal is to provide substantial current income while actively working to mitigate price swings caused by credit quality and interest rate fluctuations. Although the fund has the discretion to invest in instruments with any duration, it generally aims to maintain a weighted average maturity for its portfolio of five years or less.
AMG GW&K High Income Fund Class N is most often compared with the following Financial Services names: