$BONDINC

The AMG TimesSquare Small Cap Growth Fund's Q4 2025 commentary highlights continued growth momentum within the small-cap sector, driven by robust earnings and steady economic recovery. Fund managers expressed optimism regarding valuations, with particular emphasis on sectors like technology and consumer discretionary. However, they noted potential headwinds from rising interest rates and inflation concerns. Overall, the outlook remains positive as small-cap stocks are anticipated to outperform due to their flexibility in adapting to changing market conditions. Investors are encouraged to stay alert for shifts in economic indicators that could impact the growth trajectory.