AMG River Road Dividend All Cap Value Fund
ARDEX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- James C. Shircliff
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 680 Washington Boulevard, Suite 500 Stamford CT United States of America 6901
- IPO Date
- Jun 29, 2005
- CIK
- 0000912036
- Website
- wealth.amg.com
- Similar Companies
- Business
- AMG River Road Dividend All Cap Value Fund - Class N (ARDEX) is an open-end mutual fund that seeks high current income and, secondarily, long-term capital appreciation by investing at least 80% of its assets in income-producing equity securities with yields exceeding that of the Russell 3000 Value Index; its core holdings primarily comprise dividend-paying common stocks, publicly traded partnerships (PTPs), and real estate investment trusts (REITs) across all market capitalizations in a diversified portfolio of approximately 56 securities, with roughly 89% allocated to U.S. stocks, 8% to non-U.S. stocks, and the remainder in cash and other assets. The fund, launched on June 28, 2005, is sub-advised by River Road Asset Management, LLC, an institutional investment manager founded in 2005 and headquartered in Louisville, Kentucky, which employs a proprietary Absolute Value® discipline to select undervalued securities and is majority-owned by Affiliated Managers Group, Inc. (AMG); it is domiciled in the United States, priced daily in USD, and available primarily to U.S. investors through platforms like broker-dealers, with total net assets of approximately $69 million and a net expense ratio of 0.97%. Managed by Thomas Forsha, CFA (since June 2007), and Andrew McIntosh, CFA (since April 2018), the fund targets institutional clients, endowments, retirement plans, and retail investors seeking large value exposure, with geographic focus predominantly on U.S. equities but including select non-U.S. positions. Recent developments include the fund's anticipation of substantial 2024 year-end distributions estimated between $4.08 and $4.99 per share—equivalent to 38%-47% of its October 2024 net asset value—primarily driven by large capital gains realizations, alongside quarterly dividend payouts such as the ex-dividend date of June 26, 2025; River Road Asset Management, the sub-adviser, expanded in 2025 by becoming a newly appointed sub-advisor for CI Investments on U.S. equities strategies and actively supported shareholder activism by planning to vote for Engine Capital's nominees at UniFirst Corporation's December 15, 2025 annual meeting amid rejecting a $275-per-share acquisition offer from Cintas, reflecting its strategic engagement in portfolio companies. As of September 30, 2025, the fund maintained sector overweight positions and managed assets under management reflecting ongoing portfolio adjustments, consistent with River Road's $9.8 billion total assets as of March 31, 2025, serving clients across four continents.