Skip to contentHome page Seeking Alpha - Power to InvestorsNov. 18, 2025 5:10 AM ETAMG GW&K ESG Bond Fund - Class N (MGFIX), MGBIXMGFIX, MGBIXAffiliated Managers Group7 FollowersCommentsSummaryThe AMG GW&K ESG Bond Fund (Class N) outperformed the Bloomberg Aggregate Bond Index by 12 basis points for the quarter.The Fund’s general overweight to spread product, particularly our out-of-benchmark allocation to high yield corporates, was the main driver of outperformance.Political efforts to influence or reshape the Fed have not succeeded so far, but market fears about potential policy interference remain valid and have promoted a steeper yield curve.Thawatchai Chawong/iStock via Getty ImagesPerformance DriversThe quarter began with solid jobs data and growth signals that allowed the Federal Reserve Board (the Fed) to be patient on moving rates due to inflation concerns, but momentum flipped after a weak JulyThis article was written byAffiliated Managers Group7 FollowersAMG is a strategic partner to, and long-term investor in, leading independent investment firms globally. We provide the advantages of partnership to magnify our Affiliates’ success, while preserving their autonomy and independence. We leverage our capabilities and insight, offering strategic, business development, operational, and capital support to our Affiliates, to create exceptional value for their clients and our shareholders. With AMG, Affiliates are able to expand their reach, diversify their business, and achieve further success. When Affiliates choose AMG as a partner, they are choosing independence. Not only do our partners value their autonomy, their clients also recognize that an independent firm’s entrepreneurial and investment-centric culture is instrumental to generating differentiated long-term returns. Having operated our distinct partnership model for 30 years, our entrepreneurial spirit, ownership mindset, and focus on excellence are deeply rooted. Note: This account is not managed or monitored by AMG, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use AMG's official channels.CommentsRecommended For YouTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.