AMG Yacktman Fund Class I
YACKX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 680 Washington Boulevard, Suite 500 Stamford CT United States of America 06901
- IPO Date
- Jul 2, 1992
- CIK
- 0001089951
- Website
- wealth.amg.com
- Similar Companies
- Business
- AMG Yacktman Fund Class I (YACKX) is an open-end mutual fund that seeks long-term capital appreciation and, to a lesser extent, current income through a diversified value-oriented investment strategy focused primarily on domestic equity securities of U.S. companies, including common stocks, preferred stocks, convertible preferred stocks, and American Depositary Receipts (ADRs); it also invests up to 30% of assets in foreign equity securities, including emerging markets, and up to 20% in debt securities such as junk bonds. The fund emphasizes high-quality businesses at attractive valuations across sectors like communication services, consumer defensive, technology, energy, and industrials, with significant allocations to U.S. stocks (approximately 60%), non-U.S. stocks (30%), and cash or bonds; its portfolio targets large-cap value stocks in the Morningstar Large Value category. Managed by Yacktman Asset Management LP, an Affiliated Managers Group (AMG) affiliate since 2012, the fund operates from headquarters in Austin, Texas, and serves institutional investors, high-net-worth individuals, and retail investors through mutual fund shares, separate accounts, and UCITS vehicles. Yacktman Asset Management, founded in 1992 by Donald Yacktman and led by Chief Investment Officer Stephen Yacktman and President Molly Pieroni alongside partners Jason Subotky, Adam Sues, Russell Wilkins, and Donald Yacktman, offers complementary strategies including the AMG Yacktman Focused Fund (concentrated equity), AMG Yacktman Global Fund (global equities), and AMG Yacktman Special Opportunities Fund (global all-cap with flexible mispriced securities focus). Geographically, the fund maintains primary exposure to the United States, with secondary allocations to developed Asia, the Eurozone, Canada, and the United Kingdom. Assets under management for the broader Yacktman strategies exceed $7 billion as of recent quarters. In recent developments, the fund has executed strategic portfolio adjustments, including significant reductions in holdings like Associated British Foods PLC and additions such as Talen Energy Corp in Q2 2024, alongside ongoing trims in positions like Alphabet Inc., reflecting its disciplined value approach amid market cycles. Performance commentary for 2025 highlights quarterly returns such as 1.48% in Q1 (underperforming Russell 1000 Value), 5.77% in Q2 (outperforming Russell 1000 Value but trailing S&P 500), and 5.12% in Q3 (slightly underperforming Russell 1000 Value), with a primary benchmark shift to Russell 1000 Value effective June 30, 2020. No major acquisitions, funding rounds, or structural reorganizations have been reported for the fund or its manager in the last 1-2 years, maintaining continuity in its long-term, risk-managed equity focus.