GWMIX

About GWMIX

AMG GW&K Municipal Bond Fund Class I is an open-end mutual fund specializing in the investment of municipal bonds. Its primary objective is to generate income that is exempt from federal income taxes by investing at least 80% of its net assets in a diversified portfolio of municipal securities issued by U.S. state and local governments and their agencies. The fund maintains a portfolio duration generally close to that of the Bloomberg 10-Year Municipal Bond Index, targeting intermediate maturities to balance yield and interest rate risk. With a moderate expense ratio, it typically holds over 200 securities, reflecting significant diversification within the municipal market. The fund distributes income monthly, providing a regular cash flow to investors. Its role in the financial market is to offer a tax-advantaged income solution for individuals and institutions seeking exposure to the municipal bond sector and a measure of stability compared to equities or corporate bonds. AMG GW&K Municipal Bond Fund Class I is frequently used by investors to manage tax efficiency within portfolios and to diversify fixed income allocations.