AMG Yacktman Fund Q4 2025 Commentary

Affiliated Managers Group11 FollowersFollow5ShareSavePlay(8min)CommentsSummaryThe AMG Yacktmann Fund returned 6.20% for the fourth quarter and 19.82% for 2025, outperforming both the Russell 1000 Value Index and the S&P 500 Index.Yacktmann builds the portfolio based on evaluating normalized free cash flow and business fundamentals of each company to arrive at a forward rate of return.Samsung Electronics was awarded HBM qualification with NVIDIA in 2025 and ramped production quickly to compete in AI data centers.South Korea is launching a broad set of reforms as part of its “value-up” reforms to shift governance standards to focus on shareholder value creation.U-Haul Holding Company continues to make astute, long-term capital allocation decisions by using cash flow from the truck rental business to invest in its self-storage business. Thanakorn Lappattaranan/iStock via Getty Images Overview ► The AMG Yacktman Fund (the Fund) returned 6.20% for the fourth quarter and 19.82% for 2025, outperforming both the Russell 1000 ® Value Index and the S&P 500 Index. ► The U.S. indices continuedThis article was written byAffiliated Managers Group11 FollowersFollowAMG 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.