AMG TimesSquare Small Cap Growth Fund
TSCIX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
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.- Similar Companies
- Business
- AMG TimesSquare Small Cap Growth Fund (TSCIX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of small-capitalization growth companies. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in common and preferred stocks of U.S. small-cap companies with market capitalizations below $3 billion or within the range of the Russell 2000 Index at the time of purchase; it emphasizes quality growth businesses characterized by high growth rates in earnings, sales, book value, and cash flow, alongside high valuations and low dividend yields. The portfolio typically holds around 76 stocks, with approximately 90.64% allocated to U.S. stocks, 6.26% to non-U.S. stocks, and 3.10% to cash, focusing on sectors such as technology, healthcare, and consumer discretionary in up-and-coming industries. Subadvised by TimesSquare Capital Management, LLC, an independent affiliate of Affiliated Managers Group, Inc. (AMG) founded in 2000 and headquartered at 75 Rockefeller Plaza, 30th Floor, New York, New York, the fund targets institutional investors, including corporate pension plans, endowments, foundations, public pension plans, and Taft-Hartley plans, with a minimum initial investment of $5 million for Class Z shares. The investment team, comprising experienced professionals with an average of 23 years in the industry and 13 years at TimesSquare, employs a bottom-up, proprietary fundamental research process tracing its roots to 1984. Portfolio managers include Grant Babyak (since 2000), Kenneth Duca (since 2006), David Ferreiro (since 2024), and Greg J. Vasse (since July 1, 2025). Recent changes include the addition of David Ferreiro as a portfolio manager effective May 1, 2024, and Greg J. Vasse effective July 1, 2025, expanding the management team to four co-managers jointly responsible for day-to-day decisions, as disclosed in SEC filings. TimesSquare, as AMG affiliate since its 2004 acquisition of the firm's growth equity business in partnership with management, continues to operate independently with a focus on institutional growth equity strategies across U.S., non-U.S., and global equities. The fund maintains a net expense ratio of 0.97%, with the investment manager contractually limiting operating expenses through May 1, 2026, and remains available for sale in the United States with total net assets of approximately $114-118 million.