MESHX – AMG GW&K Municipal Enhanced SMA Investment Strategy | Morningstar

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Strategy

The investment seeks to provide investors with a high level of current income that is exempt from federal income tax; with capital appreciation is also a secondary objective. In pursuing its investment objective, the fund, under normal circumstances, invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in U.S. dollar-denominated fixed income securities, the income from which is exempt from federal income tax. In addition, up to 50% of the fund’s net assets, plus the amount of any borrowings for investment purposes, may be invested in securities that are subject to the federal alternative minimum tax.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MESHX	AMG GW&K Municipal Enhanced SMA Shares	No Load	Open		—	Feb 28, 2023	$240.90M	0.000%	Low	$0	$31.08M

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