0001193125-12-512399.txt : 20121221 0001193125-12-512399.hdr.sgml : 20121221 20121221134013 ACCESSION NUMBER: 0001193125-12-512399 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 8 FILED AS OF DATE: 20121221 DATE AS OF CHANGE: 20121221 EFFECTIVENESS DATE: 20121221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MANAGERS TRUST II CENTRAL INDEX KEY: 0000879947 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 033-43089 FILM NUMBER: 121280543 BUSINESS ADDRESS: STREET 1: 800 CONNECTICUT AVENUE CITY: NORWALK STATE: CT ZIP: 06854 BUSINESS PHONE: 2032993500 MAIL ADDRESS: STREET 1: 800 CONNECTICUT AVENUE CITY: NORWALK STATE: CT ZIP: 06854 FORMER COMPANY: FORMER CONFORMED NAME: SMITH BREEDEN SERIES FUND DATE OF NAME CHANGE: 19920929 FORMER COMPANY: FORMER CONFORMED NAME: SMITH BREEDEN U S GOVERNMENT SERIES FUND DATE OF NAME CHANGE: 19600201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MANAGERS TRUST II CENTRAL INDEX KEY: 0000879947 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-06431 FILM NUMBER: 121280544 BUSINESS ADDRESS: STREET 1: 800 CONNECTICUT AVENUE CITY: NORWALK STATE: CT ZIP: 06854 BUSINESS PHONE: 2032993500 MAIL ADDRESS: STREET 1: 800 CONNECTICUT AVENUE CITY: NORWALK STATE: CT ZIP: 06854 FORMER COMPANY: FORMER CONFORMED NAME: SMITH BREEDEN SERIES FUND DATE OF NAME CHANGE: 19920929 FORMER COMPANY: FORMER CONFORMED NAME: SMITH BREEDEN U S GOVERNMENT SERIES FUND DATE OF NAME CHANGE: 19600201 0000879947 S000009899 Managers AMG GW&K Fixed Income Fund C000027393 Investor Class MFDAX C000027395 Class C MFDCX C000027396 Institutional Class MFDYX C000121207 Service Class 0000879947 S000009901 Managers AMG Chicago Equity Partners Balanced Fund C000027401 INVESTOR CLASS MBEAX C000027404 Institutional Class MBEYX 485BPOS 1 d457414d485bpos.htm MANAGERS TRUST II Managers Trust II

As filed with the Securities and Exchange Commission on December 21, 2012

1933 Act Registration No. 033-43089

1940 Act Registration No. 811-06431

 

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM N-1A

REGISTRATION STATEMENT

UNDER

   THE SECURITIES ACT OF 1933    x
   Pre-Effective Amendment No.    ¨
   Post-Effective Amendment No. 53    x
  

REGISTRATION STATEMENT

UNDER

THE INVESTMENT COMPANY ACT OF 1940

   x
   Amendment No. 55    x

 

 

MANAGERS TRUST II

(Exact Name of Registrant as Specified in Charter)

 

 

800 Connecticut Avenue

Norwalk, Connecticut 06854

(Address of Principal Executive Offices)

Registrant’s Telephone Number, including Area Code: (800) 835-3879

 

 

Gregory C. Davis

Rajib Chanda

Ropes & Gray LLP

Three Embarcadero Center

San Francisco, CA 94111-4006

(Name and Address of Agent for Service)

 

 

It is proposed that this filing will become effective:

  x immediately upon filing pursuant to paragraph (b)
  ¨ on (date) pursuant to paragraph (b)
  ¨ 60 days after filing pursuant to paragraph (a)(1)
  ¨ on (date) pursuant to paragraph (a)(1)
  ¨ 75 days after filing pursuant to paragraph (a)(2)
  ¨ On (date) pursuant to (a)(2) of rule 485

If appropriate, check the following box:

  ¨ This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

The Amendment relates solely to Managers AMG Chicago Equity Partners Balanced Fund, Managers AMG GW&K Fixed Income Fund and Managers High Yield Fund, each a series of Managers Trust II.

 

 

 


SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, each as amended, Managers Trust II certifies that it meets all of the requirements for effectiveness of this registration statement under Rule 485(b) under the Securities Act of 1933, as amended, and has duly caused this amendment to the registration statement to be signed on its behalf by the undersigned, duly authorized, in the City of Norwalk, and State of Connecticut, on the 21 day of December, 2012.

 

MANAGERS TRUST II

By:

 

/s/ Donald S. Rumery

 

Donald S. Rumery

Treasurer, Chief Financial Officer, and Principal Financial Officer

Pursuant to the requirements of the Securities Act, this amendment to the registration statement has been signed below by the following persons in the capacities and on the date indicated:

 

Signature

       

Title

       

Date

/s/ Jack W. Aber*

     Trustee      December 21, 2012

Jack W. Aber

         

/s/ Bruce B. Bingham*

     Trustee      December 21, 2012

Bruce B. Bingham

         

/s/ Christine C. Carsman*

     Trustee      December 21, 2012

Christine C. Carsman

         

/s/ William E. Chapman, II*

     Trustee      December 21, 2012

William E. Chapman, II

         

/s/ Edward J. Kaier*

     Trustee      December 21, 2012

Edward J. Kaier

         

/s/ Steven J. Paggioli*

     Trustee      December 21, 2012

Steven J. Paggioli

         

/s/ Eric Rakowski*

     Trustee      December 21, 2012

Eric Rakowski

         

/s/ Thomas R. Schneeweis*

     Trustee      December 21, 2012

Thomas R. Schneeweis

         

/s/ Keitha L. Kinne

     President and Principal Executive Officer   December 21, 2012

Keitha L. Kinne

     (Principal Executive Officer)     

/s/ Donald S. Rumery

     Treasurer,      December 21, 2012

Donald S. Rumery

    

Chief Financial Officer, and Principal Financial Officer

(Principal Accounting Officer)

(Principal Financial Officer)

 

 

*By:  

/s/ Donald S. Rumery

   

Pursuant to Powers of Attorney incorporated herein by reference

Date: December 21, 2012


MANAGERS TRUST II

Exhibit Index

 

Exhibit No.

  

Exhibit Name

EX-101.INS    XBRL Instance Document
EX-101.SCH    XBRL Taxonomy Extension Schema Document
EX-101.CAL    XBRL Taxonomy Extension Calculation Linkbase
EX.101.DEF    XBRL Taxonomy Extension Definition Linkbase
EX.101.LAB    XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE    XBRL Taxonomy Extension Presentation Linkbase
EX-101.INS 2 ck0000879947-20121201.xml XBRL INSTANCE DOCUMENT 485BPOS 2012-12-01 0000879947 2012-12-01 MANAGERS TRUST II false 2012-11-30 2012-12-01 <tt>The Fund pays transaction costs, such as commissions, when it buys and sells<br />securities (or "turns over" its portfolio). A higher portfolio turnover rate <br />may indicate higher transaction costs and may result in higher taxes when Fund<br />shares are held in a taxable account. These costs, which are not reflected in<br />Annual Fund Operating Expenses or in the Example, affect the Fund's performance.<br />During the most recent fiscal year, the Fund's portfolio turnover rate was 94%<br />of the average value of its portfolio.</tt> <div style="display:none">~ http://www.managersinvest.com/role/ExpenseExample_S000009901Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.managersinvest.com/role/BarChartData_S000009901Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>The Managers AMG Chicago Equity Partners Balanced Fund's (the "Fund" or "CEP<br />Balanced Fund") investment objective is to achieve a high total investment<br />return, consistent with the preservation of capital and prudent economic risk.</tt> <tt>This Example will help you compare the cost of investing in the Fund to the cost<br />of investing in other mutual funds. The Example makes certain assumptions. It<br />assumes that you invest $10,000 as an initial investment in the Fund for the<br />time periods indicated and then redeem all of your shares at the end of those<br />periods. It also assumes that your investment has a 5% total return each year<br />and the Fund's operating expenses remain the same. The Example reflects the<br />impact of the Fund's contractual expense limitation through May 1, 2014.</tt> reflects no deduction for fees, expenses, or taxes <tt>The Fund will ordinarily invest 50-65% of its total assets in equity securities<br />and invests the remainder in bonds and other fixed income securities, as well as<br />cash or cash equivalents.<br /> <br />The Fund will invest at least 25% of its total assets in equity securities. The<br />equity portion of the Fund is invested primarily in a diversified portfolio of<br />U.S. common stocks, as well as other U.S. and foreign securities, including<br />convertible securities and warrants. Normally, the equity portion of the Fund<br />will focus on large- (generally determined by reference to the capitalization <br />of companies in the Russell 1000&#xAE; Index) and medium-sized (generally determined <br />by reference to the capitalization of companies in the Russell Midcap&#xAE; Index)<br />companies which will generally be listed on the New York or American Stock<br />Exchanges or on NASDAQ and widely held among a large number of investors. As <br />of May 31, 2012, the date of the latest reconstitution of the Indices, the range <br />of market capitalizations for the Russell 1000&#xAE; Index and Russell Midcap&#xAE; Index <br />was $1.35 billion to $ 540.21 billion and $1.35 billion to $17.39 billion,<br />respectively. For equity investments, Chicago Equity Partners, LLC ("CEP")<br />typically utilizes a proprietary, multi-factor ranking system encompassing<br />momentum, value, and quality factors to identify attractive stocks.<br />&#xA0;&#xA0;<br />The Fund will invest at least 25% of its total assets in fixed income<br />securities. The fixed income portion of the Fund will invest in a wide range <br />of domestic and foreign fixed income securities, such as bonds, including<br />securities not based on the U.S. dollar. The majority of the Fund's foreign<br />investments may be in "Yankee bonds" (bonds payable in U.S. dollars that are<br />issued in the United States by foreign banks and corporations). The Fund may<br />also invest up to 25% of its total assets in below-investment grade securities<br />(those rated Ba1/ BB+ or lower by Moody's Investors Service, Inc. ("Moody's") or<br />Standard &amp; Poor's Corporation ("S&amp;P"), respectively, that the Fund's Subadvisor,<br />CEP, believes do not involve undue risk to income or principal. The lowest<br />credit-rating categories in which the Fund invests are Caa/CCC (as rated by<br />Moody's/S&amp;P). Incorporating fundamental, "bottom-up" credit and market analysis,<br />CEP invests the Fund's assets primarily in bonds with 7- to 30- year maturities.<br />For the fixed income portion of the Fund, CEP typically:<br /> <br />&#x2022;&#xA0;&#xA0;&#xA0;&#xA0;Determines sector weightings based on the relative attractiveness of&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;<br />&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;corporates, mortgages, agencies, and Treasuries using fundamental and&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;<br />&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;quantitative analysis.&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;<br /> <br />&#x2022;&#xA0;&#xA0;&#xA0;&#xA0;Selects securities by analyzing bonds within their peer group and choosing&#xA0;&#xA0;<br />&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;the most favorable issuers from a risk/return standpoint based on&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;<br />&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;proprietary research.&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;<br /><br />&#x2022;&#xA0;&#xA0;&#xA0;&#xA0;Maintains durations within a range of plus or minus 10% of the Fund's fixed <br />&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;income benchmark.&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;<br /> <br />The Fund may invest more than 65% of its total assets in stocks if CEP considers<br />conditions in the stock market to be more favorable than those in the bond<br />market, and the Fund may invest more than 25% of its total assets in fixed<br />income securities if CEP considers conditions in the bond market to be more<br />favorable than those in the stock market.</tt> Managers AMG Chicago Equity Partners Balanced Fund The Total Annual Fund Operating Expenses and Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements may not correlate to the ratios of expenses to average net assets in the Financial Highlights section of the Fund's Prospectus. The ratios reflect only the operating expenses of the Fund and do not include fees and expenses of any acquired funds. EXPENSE EXAMPLE After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. INVESTMENT OBJECTIVE As always, past performance of the Fund (before and after taxes) is not an indication of how the Fund will perform in the future. There is the risk that you may lose money on your investment. Because Service Class shares will have commenced operations on or following the date of this Prospectus, these amounts are based on estimates for the current fiscal year. PRINCIPAL RISKS Although your actual costs may be higher or lower, based on the above assumptions, your costs would be: 0.94 Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. Calendar Year Total Returns as of 12/31/11 (Investor Class) The performance information for the Fund's Investor Class shares (formerly Class A shares of the Fund, which were renamed Investor Class shares as of the date of this Prospectus) for periods prior to December 1, 2012 does not reflect the impact of any previously imposed front end or deferred sales charges (loads) that were in effect until December 1, 2012. PERFORMANCE <tt>After-tax returns are calculated using the historical highest individual federal<br />marginal income tax rates and do not reflect the impact of state and local<br />taxes. Actual after-tax returns depend on an investor's tax situation and may<br />differ from those shown. After-tax returns are not relevant to investors who<br />hold their Fund shares through tax-deferred arrangements, such as 401(k) plans<br />or individual retirement accounts. After-tax returns are shown for Investor<br />Class shares only, and after-tax returns for other share classes will vary.</tt> The following performance information illustrates the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's performance compares to that of two broad based securities market indices and to a composite index, which more accurately reflects the composition of the Fund's portfolio. <tt>Best Quarter: 12.03% (2nd Quarter 2009)<br /> <br />Worst Quarter: -9.69% (4th Quarter 2008)</tt> 800.835.3879 Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Average Annual Total Returns as of 12/31/11 PORTFOLIO TURNOVER <tt>There is the risk that you may lose money on your investment. All investments<br />carry a certain amount of risk and the Fund cannot guarantee that it will<br />achieve its investment objective. An investment in the Fund is not a deposit <br />or obligation of any bank, is not endorsed or guaranteed by any bank, and is <br />not insured by the Federal Deposit Insurance Corporation ("FDIC") or any other<br />government agency. Below are some of the risks of investing in the Fund.<br /> <br />Credit Risk-the issuer of bonds or other debt securities may not be able to meet<br />interest or principal payments when the bonds or other debt securities come due.<br /> <br />Currency Risk-fluctuations in exchange rates may affect the total loss or gain<br />on a non-U.S. dollar investment when converted back to U.S. dollars.<br /> <br />Foreign Securities Risk-securities or other investments of foreign issuers<br />involve additional risks (such as risks arising from less frequent trading,<br />changes in political or social conditions, and less publicly available<br />information about non-U.S. issuers) that differ from those associated with<br />investing in securities of U.S. issuers and may result in greater price<br />volatility.<br /> <br />Growth Stock Risk-growth stocks may be more sensitive to market movements<br />because their prices tend to reflect future investor expectations rather <br />than just current profits.<br /> <br />High Yield Risk-below-investmentgrade debt securities and unrated securities <br />of similar credit quality (commonly known as "junk bonds" or "high yield<br />securities") may be subject to greater levels of interest rate, credit, and<br />liquidity risk.<br /> <br />Interest Rate Risk-fixed-coupon payments (cash flows) of bonds and debt<br />securities may become less competitive with the market in periods of rising<br />interest rates and cause bond prices to decline.<br /> <br />Large-Capitalization Stock Risk-the stocks of large-capitalization companies are<br />generally more mature and may not be able to reach the same levels of growth as<br />the stocks of small- or mid-capitalization companies.<br /> <br />Liquidity Risk-particular investments, such as illiquid securities, may not be<br />able to be sold at the price the Fund would like or the Fund may have to sell<br />them at a loss.<br /> <br />Market Risk-market prices of domestic and foreign securities held by the Fund<br />may fall rapidly or unpredictably due to a variety of factors, including<br />changing economic, political, or market conditions.<br /> <br />Mid-Capitalization Stock Risk-the stocks of mid-capitalization companies often<br />have greater price volatility, lower trading volume, and less liquidity than <br />the stocks of larger, more established companies.<br /> <br />Political Risk-changes in the political status of any country can have profound<br />effects on the value of investments exposed to that country.<br /> <br />Prepayment Risk-many bonds and debt securities have call provisions that may<br />result in debtors paying back the debt prior to maturity during periods of<br />decreasing interest rates.<br /> <br />Reinvestment Risk-investors may have difficulty reinvesting payments from<br />debtors and may receive lower rates than from their original investments.<br /> <br />U.S. Government Securities Risk-obligationsissued by some U.S. Government<br />agencies, authorities, instrumentalities, or sponsored enterprises such as<br />Government National Mortgage Association ("GNMA"), are backed by the full faith<br />and credit of the U.S. Government, while obligations issued by others, such as<br />Federal National Mortgage Association ("FNMA"), Federal Home Loan Mortgage<br />Corporation ("FHLMC"), and Federal Home Loan Banks ("FHLBs") are not backed by<br />the full faith and credit of the U.S. Government and are backed solely by the<br />entity's own resources or by the ability of the entity to borrow from the U.S.<br />Treasury. If one of these agencies defaulted on a loan, there is no guarantee<br />that the U.S. Government will provide financial support.<br /> <br />Value Stock Risk-value stocks may perform differently from the market as a whole<br />and may be undervalued by the market for a long period of time.</tt> FEES AND EXPENSES OF THE FUND After-tax returns are shown for Investor Class shares only, and after-tax returns for other share classes will vary. PRINCIPAL INVESTMENT STRATEGIES www. managersinvest.com <tt>The following performance information illustrates the risks of investing in the<br />Fund by showing changes in the Fund's performance from year to year and by<br />showing how the Fund's performance compares to that of two broad based<br />securities market indices and to a composite index, which more accurately<br />reflects the composition of the Fund's portfolio. The performance information<br />for the Fund's Investor Class shares (formerly Class A shares of the Fund, which<br />were renamed Investor Class shares as of the date of this Prospectus) for<br />periods prior to December 1, 2012 does not reflect the impact of any previously<br />imposed front end or deferred sales charges (loads) that were in effect until<br />December 1, 2012. As always, past performance of the Fund (before and after<br />taxes) is not an indication of how the Fund will perform in the future. To<br />obtain updated performance information please visit www. managersinvest.com or<br />call 800.835.3879.</tt> <tt>The table below describes the fees and expenses that you may pay if you buy <br />and hold shares of the Fund.</tt> <div style="display:none">~ http://www.managersinvest.com/role/OperatingExpensesData_S000009901Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.managersinvest.com/role/PerformanceTableData_S000009901Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~</div> An investment in the Fund is not a deposit or obligation of any bank, is not endorsed or guaranteed by any bank, and is not insured by the Federal Deposit Insurance Corporation ("FDIC") or any other government agency. Composite Index (composed of 60% Russell 1000 Index & 40% Barclays U.S. Aggregate Bond Index) (reflects no deduction for fees, expenses, or taxes) 0.0484 0.0355 0.0501 Russell 1000® Index (reflects no deduction for fees, expenses, or taxes) 0.0150 -0.0002 0.0334 Barclays U.S. Aggregate Bond Index (reflects no deduction for fees, expenses, or taxes) 0.0784 0.0650 0.0578 Investor Class Return After Taxes on Distributions and Sale of Fund Shares 0.0498 0.0309 0.0448 Investor Class Return After Taxes on Distributions 0.0552 0.0328 0.0481 MBESX 97 407 -0.0061 1782 767 0.0085 0.0070 2014-05-01 0.0000 0.0095 0.0156 0.0001 MBEYX Institutional Class Return Before Taxes 87 375 -0.0061 1671 714 0.0678 0.0075 0.0070 2014-05-01 0.0413 0.0000 0.0581 0.0085 0.0146 0.0001 MBEAX -0.1247 Worst Quarter: Best Quarter: Investor Class Return Before Taxes 112 2009-06-30 453 -0.0969 0.0945 -0.0061 0.1114 1946 846 0.0463 0.1203 0.0645 0.0075 -0.1868 0.0070 2014-05-01 2008-12-31 0.2006 0.0386 0.0424 0.0645 0.2385 0.0025 0.0545 0.0110 0.0171 0.1373 0.0001 <tt>The Fund pays transaction costs, such as commissions, when it buys and sells<br />securities (or "turns over" its portfolio). A higher portfolio turnover rate <br />may indicate higher transaction costs and may result in higher taxes when Fund<br />shares are held in a taxable account. These costs, which are not reflected in<br />Annual Fund Operating Expenses or in the Example, affect the Fund's performance.<br />During the most recent fiscal year, the Fund's portfolio turnover rate was 48%<br />of the average value of its portfolio.</tt> <div style="display:none">~ http://www.managersinvest.com/role/ExpenseExample_S000009900Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.managersinvest.com/role/BarChartData_S000009900Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>The Managers High Yield Fund's (the "Fund" or "High Yield Fund") investment<br />objective is to achieve a high level of current income,</tt> <tt>This Example will help you compare the cost of investing in the Fund to the cost<br />of investing in other mutual funds. The Example makes certain assumptions. It<br />assumes that you invest $10,000 as an initial investment in the Fund for the<br />time periods indicated and then redeem all of your shares at the end of those<br />periods. It also assumes that your investment has a 5% total return each year<br />and the Fund's operating expenses remain the same. The Example reflects the<br />impact of the Fund's contractual expense limitation through May 1, 2014.</tt> reflects no deduction for fees, expenses, or taxes <tt>The Fund seeks to achieve its investment objective of a high level of current<br />income, with a secondary objective of capital appreciation, by investing in a<br />portfolio of below investment grade bonds (those rated Ba1/BB+ or lower by<br />Moody's Investors Service, Inc. ("Moody's")/Standard &amp; Poor's Corporation<br />("S&amp;P")). Under normal circumstances, the Fund will invest at least 80% of its<br />net assets, plus the amount of any borrowings for investment purposes, in<br />below-investment-grade bonds.<br /> <br />The Fund may also invest in any of the following: corporate debt securities and<br />preferred stock; zero-coupon bonds and other deferred interest securities that<br />do not pay periodic interest; convertible securities; restricted securities;<br />cash or cash equivalents, such as certificates of deposit or money market funds;<br />money market instruments, such as bankers' acceptances, commercial paper and<br />repurchase agreements; securities issued or guaranteed by the U.S. government,<br />its agencies and instrumentalities, such as the Federal Home Loan Bank and the<br />Student Loan Marketing Association; common stocks; and stocks and bonds of<br />foreign issuers, including issuers in emerging markets. The Fund may invest up<br />to 15% of its total assets in derivatives such as options, futures contracts, or<br />swap agreements, including, but not limited to, credit default swaps.</tt> Managers High Yield Fund <tt>with a secondary objective of capital appreciation.</tt> The Total Annual Fund Operating Expenses and Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements may not correlate to the ratios of expenses to average net assets in the Financial Highlights section of the Fund's Prospectus. The ratios reflect only the operating expenses of the Fund and do not include fees and expenses of any acquired funds. EXPENSE EXAMPLE After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. INVESTMENT OBJECTIVE As always, past performance of the Fund (before and after taxes) is not an indication of how the Fund will perform in the future. There is the risk that you may lose money on your investment. PRINCIPAL RISKS Shareholder Fees (fees paid directly from your investment) Although your actual costs may be higher or lower, based on the above assumptions, your costs would be: 0.48 Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. Calendar Year Total Returns as of 12/31/11 (Investor Class) The performance information for the Fund's Investor Class shares (formerly Class A shares of the Fund, which were renamed Investor Class shares as of the date of this Prospectus) for periods prior to November 30, 2012 does not reflect the impact of the front end and deferred sales charges (loads) that were in effect until November 30, 2012. PERFORMANCE <tt>After-tax returns are calculated using the historical highest individual federal<br />marginal income tax rates and do not reflect the impact of state and local<br />taxes. Actual after-tax returns depend on an investor's tax situation and may<br />differ from those shown. After-tax returns are not relevant to investors who<br />hold their Fund shares through tax-deferred arrangements, such as 401(k) plans<br />or individual retirement accounts. After-tax returns are shown for Investor<br />Class shares only, and after-tax returns for Institutional Class shares will<br />vary.</tt> The following performance information illustrates the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's performance compares to that of a broad based securities market index. <tt>Best Quarter: 24.77% (2nd Quarter 2009)<br /> <br />Worst Quarter: -21.62% (4th Quarter 2008)</tt> 800.835.3879 Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Average Annual Total Returns as of 12/31/11 PORTFOLIO TURNOVER <tt>There is the risk that you may lose money on your investment. All investments<br />carry a certain amount of risk and the Fund cannot guarantee that it will<br />achieve its investment objective. An investment in the Fund is not a deposit <br />or obligation of any bank, is not endorsed or guaranteed by any bank, and is <br />not insured by the Federal Deposit Insurance Corporation ("FDIC") or any other<br />government agency. Below are some of the risks of investing in the Fund.<br /> <br />Asset-Backed and Mortgage-Backed Securities Risk-asset-backed and<br />mortgage-backed securities investments involve risk of loss due to <br />prepayments that occur earlier or later than expected or due to default.<br /> <br />Credit and Counterparty Risk-the issuer of bonds or other debt securities or <br />a counterparty to a derivatives contract may not be able to meet interest,<br />principal or settlement payments or otherwise honor its obligations.<br /> <br />Currency Risk-fluctuations in exchange rates may affect the total loss or gain<br />on a non-U.S. dollar investment when converted back to U.S. dollars.<br /> <br />Derivatives Risk-the complexity and rapidly changing structure of derivatives<br />markets may increase the possibility of market losses.<br /> <br />Foreign Securities Risk-securities or other investments of foreign issuers<br />involve additional risks (such as risks arising from less frequent trading,<br />changes in political or social conditions, and less publicly available<br />information about non-U.S. issuers) that differ from those associated with<br />investing in securities of U.S. issuers and may result in greater price<br />volatility.<br /> <br />High Yield Risk-below-investment grade debt securities and unrated securities <br />of similar credit quality (commonly known as "junk bonds" or "high yield<br />securities") may be subject to greater levels of interest rate, credit, and<br />liquidity risk.<br /> <br />Inflation Risk-the price of an asset, or the income generated by an asset, may<br />not keep up with the cost of living.<br /> <br />Interest Rate Risk-fixed-coupon payments (cash flows) of bonds and debt<br />securities may become less competitive with the market in periods of rising<br />interest rates and cause bond prices to decline. Liquidity Risk-particular<br />investments, such as illiquid securities, may not be able to be sold at the<br />price the Fund would like or the Fund may have to sell them at a loss.<br /> <br />Market Risk-market prices of domestic and foreign securities held by the Fund<br />may fall rapidly or unpredictably due to a variety of factors, including<br />changing economic, political, or market conditions. Political Risk-changes in<br />the political status of any country can have profound effects on the value of<br />investments exposed to that country.<br /> <br />Prepayment Risk-many bonds and debt securities have call provisions that may<br />result in debtors paying back the debt prior to maturity during periods of<br />decreasing interest rates.<br /> <br />Reinvestment Risk-investors may have difficulty reinvesting payments from<br />debtors and may receive lower rates than from their original investments.<br /> <br />Restricted Securities Risk-it may be difficult to find a buyer for restricted<br />securities and the selling price may be less than originally anticipated.<br /> <br />U.S. Government Securities Risk-obligations issued by some U.S. Government<br />agencies, authorities, instrumentalities, or sponsored enterprises such as<br />Government National Mortgage Association ("GNMA"), are backed by the full faith<br />and credit of the U.S. Government, while obligations issued by others, such as<br />Federal National Mortgage Association ("FNMA"), Federal Home Loan Mortgage<br />Corporation ("FHLMC"), and Federal Home Loan Banks ("FHLBs") are not backed by<br />the full faith and credit of the U.S. Government and are backed solely by the<br />entity's own resources or by the ability of the entity to borrow from the U.S.<br />Treasury. If one of these agencies defaulted on a loan, there is no guarantee<br />that the U.S. Government will provide financial support.</tt> FEES AND EXPENSES OF THE FUND After-tax returns are shown for Investor Class shares only, and after-tax returns for Institutional Class shares will vary. PRINCIPAL INVESTMENT STRATEGIES www. managersinvest.com <tt>The following performance information illustrates the risks of investing in the<br />Fund by showing changes in the Fund's performance from year to year and by<br />showing how the Fund's performance compares to that of a broad based securities<br />market index. The performance information for the Fund's Investor Class shares<br />(formerly Class A shares of the Fund, which were renamed Investor Class shares<br />as of the date of this Prospectus) for periods prior to November 30, 2012 does<br />not reflect the impact of the front end and deferred sales charges (loads) that<br />were in effect until November 30, 2012. As always, past performance of the Fund<br />(before and after taxes) is not an indication of how the Fund will perform in<br />the future. To obtain updated performance information please visit www.<br />managersinvest.com or call 800.835.3879.</tt> <tt>The tables below describe the fees and expenses that you may pay if you buy and<br />hold shares of the Fund.</tt> <div style="display:none">~ http://www.managersinvest.com/role/OperatingExpensesData_S000009900Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.managersinvest.com/role/PerformanceTableData_S000009900Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~</div> An investment in the Fund is not a deposit or obligation of any bank, is not endorsed or guaranteed by any bank, and is not insured by the Federal Deposit Insurance Corporation ("FDIC") or any other government agency. <div style="display:none">~ http://www.managersinvest.com/role/ShareholderFeesData_S000009900Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Barclays U.S. Corporate High Yield Index (reflects no deduction for fees, expenses, or taxes) 0.0498 0.0754 0.0885 Investor Class Return After Taxes on Distributions and Sale of Fund Shares 0.0293 0.0296 0.0510 Investor Class Return After Taxes on Distributions 0.0186 0.0263 0.0506 MHHYX Institutional Class Return Before Taxes 93 406 -0.0054 1689 -0.0200 741 0.0483 0.0074 0.0070 2014-05-01 0.0595 0.0000 0.0854 0.0091 0.0145 0.0001 MHHAX 0.0185 Worst Quarter: Best Quarter: Investor Class Return Before Taxes 118 2009-06-30 483 -0.2162 0.1063 -0.0054 0.1420 1964 -0.0200 872 0.0225 0.2477 0.0454 0.0074 -0.2976 0.0070 2014-05-01 2008-12-31 0.5338 0.0563 0.0237 0.0454 0.2973 0.0025 0.0813 0.0116 0.0170 0.1107 0.0001 <tt>The Fund pays transaction costs, such as commissions, when it buys and sells<br />securities (or "turns over" its portfolio). A higher portfolio turnover rate may<br />indicate higher transaction costs and may result in higher taxes when Fund<br />shares are held in a taxable account. These costs, which are not reflected in<br />Annual Fund Operating Expenses or in the Example, affect the Fund's performance.<br />During the most recent fiscal year, the Fund's portfolio turnover rate was 28%<br />of the average value of its portfolio.</tt> <div style="display:none">~ http://www.managersinvest.com/role/ExpenseExample_S000009899Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.managersinvest.com/role/BarChartData_S000009899Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>The Managers AMG GW&amp;K Fixed Income Fund's (the "Fund" or "Fixed Income Fund")<br />investment objective is to achieve the highest level of income as is consistent<br />with the preservation of capital.</tt> <tt>This Example will help you compare the cost of investing in the Fund to the cost<br />of investing in other mutual funds. The Example makes certain assumptions. It<br />assumes that you invest $10,000 as an initial investment in the Fund for the<br />time periods indicated and then redeem all of your shares at the end of those<br />periods. It also assumes that your investment has a 5% total return each year<br />and the Fund's operating expenses remain the same. The Example reflects the<br />impact of the Fund's contractual expense limitation through May 1, 2014.</tt> reflects no deduction for fees, expenses, or taxes <tt>The Fund seeks to achieve its objective by investing in a diversified portfolio<br />of fixed income securities.<br /> <br />Under normal circumstances, the Fund will invest at least 80% of its net assets,<br />plus the amount of any borrowings for investment purposes, in debt securities of<br />U.S. and foreign issuers.<br /> <br />The Fund may invest in debt securities issued by any of the following: public<br />and private U.S. companies; foreign companies; the U.S. government and its<br />agencies, such as the Federal Home Loan Bank; state and local governments<br />issuing taxable municipal securities; and foreign governments, their agencies<br />and instrumentalities, including issuers in emerging markets. The Fund may also<br />invest in asset-backed debt securities. With respect to the portion of the Fund<br />invested in debt securities, up to 20% of the Fund's assets may be invested in<br />below-investment-grade securities (those rated Ba1/BB+ or lower by Moody's<br />Investors Service, Inc. ("Moody's")/Standard &amp; Poor's Corporation ("S&amp;P")).<br /> <br />While the Fund may purchase debt securities of any duration, the Fund will<br />primarily invest in debt securities so that the overall duration of the Fund's<br />portfolio will remain +/- 20% of the duration of its benchmark, the Barclays<br />U.S. Aggregate Bond Index. As of October 31, 2012, the duration of the benchmark<br />was 5.02 years. The average duration of debt securities in the Fund's portfolio<br />may, however, be shorter or longer depending on market conditions.<br /> <br />The Fund may invest up to 20% of its net assets in equity securities of any<br />capitalization range, including foreign and domestic common and preferred<br />stocks, as well as warrants and other equity instruments.</tt> Managers AMG GW&K Fixed Income Fund (formerly Managers Fixed Income Fund) EXPENSE EXAMPLE After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. INVESTMENT OBJECTIVE As always, past performance of the Fund (before and after taxes) is not an indication of how the Fund will perform in the future. There is the risk that you may lose money on your investment. PRINCIPAL RISKS Shareholder Fees (fees paid directly from your investment) Although your actual costs may be higher or lower, based on the above assumptions, your costs would be: 0.28 Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. Calendar Year Total Returns as of 12/31/11 (Investor Class) The performance information for the Fund's Investor Class shares (formerly Class A shares of the Fund, which were renamed Investor Class shares as of the date of this Prospectus) for periods prior to November 30, 2012 does not reflect the impact of the front end and deferred sales charges (loads) that were in effect until November 30, 2012. PERFORMANCE <tt>After-tax returns are calculated using the historical highest individual federal<br />marginal income tax rates and do not reflect the impact of state and local<br />taxes. Actual after-tax returns depend on an investor's tax situation and may<br />differ from those shown. After-tax returns are not relevant to investors who<br />hold their Fund shares through tax-deferred arrangements, such as 401(k) plans<br />or individual retirement accounts. After-tax returns are shown for Investor<br />Class shares only, and after-tax returns for other share classes will vary.</tt> The following performance information illustrates the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's performance compares to that of a broad based securities market index. <tt>Best Quarter: 11.11% (2nd Quarter 2009)<br /> <br />Worst Quarter: -8.58% (3rd Quarter 2008)<br /> <br />Year-to-Date (as of 9/30/12): 9.19%</tt> 800.835.3879 Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Average Annual Total Returns as of 12/31/11 PORTFOLIO TURNOVER <tt>There is the risk that you may lose money on your investment. All investments<br />carry a certain amount of risk and the Fund cannot guarantee that it will<br />achieve its investment objective. An investment in the Fund is not a deposit or<br />obligation of any bank, is not endorsed or guaranteed by any bank, and is not<br />insured by the Federal Deposit Insurance Corporation ("FDIC") or any other<br />government agency. Below are some of the risks of investing in the Fund.<br /> <br />Asset-Backed and Mortgage-Backed Securities Risk-asset-backed and<br />mortgage-backed securities investments involve risk of loss due to prepayments<br />that occur earlier or later than expected or due to default.<br /> <br />Credit and Counterparty Risk-the issuer of bonds or other debt securities may<br />not be able to meet interest or principal payments when the bonds become due.<br /> <br />Currency Risk-fluctuations in exchange rates may affect the total loss or gain<br />on a non-U.S. dollar investment when converted back to U.S. dollars.<br /> <br />Emerging Markets Risk-investments in emerging markets securities can be subject<br />to the general risks of foreign securities, as well as additional risks which<br />can result in greater price volatility.<br /> <br />Foreign Securities Risk-securities or other investments of foreign issuers<br />involve additional risks (such as risks arising from less frequent trading,<br />changes in political or social conditions, and less publicly available information <br />about non-U.S. issuers) that differ from those associated with investing in securities <br />of U.S. issuers and may result in greater price volatility.<br /> <br />High Yield Risk-below-investment grade debt securities and unrated securities of<br />similar credit quality (commonly known as "junk bonds" or "high yield<br />securities") may be subject to greater levels of interest rate, credit, and<br />liquidity risk.<br /> <br />Inflation Risk-the price of an asset, or the income generated by an asset, may<br />not keep up with the cost of living.<br /> <br />Interest Rate Risk-fixed-coupon payments (cash flows) of bonds and debt<br />securities may become less competitive with the market in periods of rising<br />interest rates and cause bond prices to decline.<br /> <br />Liquidity Risk-particular investments, such as illiquid securities, may not be<br />able to be sold at the price the Fund would like or the Fund may have to sell<br />them at a loss.<br /> <br />Market Risk-market prices of domestic and foreign securities held by the Fund<br />may fall rapidly or unpredictably due to a variety of factors, including<br />changing economic, political, or market conditions. Equity investments generally<br />have greater price volatility than fixed income investments.<br /> <br />Municipal Market Risk-factors unique to the municipal bond market may negatively<br />affect the value of municipal bonds.<br /> <br />Political Risk-changes in the political status of any country can have profound<br />effects on the value of investments exposed to that country.<br /> <br />Prepayment Risk-many bonds and debt securities have call provisions that may<br />result in debtors paying back the debt prior to maturity during periods of<br />decreasing interest rates.<br /> <br />Reinvestment Risk-investors may have difficulty reinvesting payments from<br />debtors and may receive lower rates than from their original investments.</tt> FEES AND EXPENSES OF THE FUND After-tax returns are shown for Investor Class shares only, and after-tax returns for other share classes will vary. PRINCIPAL INVESTMENT STRATEGIES www.managersinvest.com <tt>The following performance information illustrates the risks of investing in the<br />Fund by showing changes in the Fund's performance from year to year and by<br />showing how the Fund's performance compares to that of a broad based securities<br />market index. Current maximum sales charges (loads) are reflected in the annual<br />returns table. The performance information for the Fund's Investor Class shares<br />(formerly Class A shares of the Fund, which were renamed Investor Class shares<br />as of the date of this Prospectus) for periods prior to November 30, 2012 does<br />not reflect the impact of the front end and deferred sales charges (loads) that<br />were in effect until November 30, 2012. The performance information in the table<br />for the Fund's Class C shares for periods prior to May 1, 2005 does not reflect<br />the 1% sales load that was in effect until May 1, 2005. As always, past<br />performance of the Fund (before and after taxes) is not an indication of how the<br />Fund will perform in the future. To obtain updated performance information<br />please visit www.managersinvest.com or call 800.835.3879.</tt> <tt>The tables below describe the fees and expenses that you may pay if you buy and<br />hold shares of the Fund.</tt> <div style="display:none">~ http://www.managersinvest.com/role/OperatingExpensesData_S000009899Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.managersinvest.com/role/PerformanceTableData_S000009899Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~</div> An investment in the Fund is not a deposit or obligation of any bank, is not endorsed or guaranteed by any bank, and is not insured by the Federal Deposit Insurance Corporation ("FDIC") or any other government agency. <div style="display:none">~ http://www.managersinvest.com/role/ShareholderFeesData_S000009899Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Barclays U.S. Aggregate Bond Index (reflects no deduction for fees, expenses, or taxes) 0.0784 0.0650 0.0578 Investor Class Return After Taxes on Distributions and Sale of Fund Shares 0.0334 0.0404 0.0408 Investor Class Return After Taxes on Distributions 0.0272 0.0413 0.0417 MFDSX 72 260 -0.0021 1092 474 0.0045 0.0045 2014-05-01 0.0000 0.0070 0.0091 0.0001 MFDYX Institutional Class Return Before Taxes 61 228 -0.0021 974 420 0.0479 0.0035 0.0045 2014-05-01 0.0626 0.0000 0.0643 0.0060 0.0081 0.0001 MFDCX 0.00 Class C Return Before Taxes 163 540 -0.0021 2102 952 0.0275 0.0035 0.0045 2014-05-01 0.0520 0.0100 0.0537 0.0160 0.0181 0.0001 0.0100 MFDAX 0.0511 Worst Quarter: Best Quarter: 2012-09-30 Investor Class Return Before Taxes 87 2009-06-30 307 -0.0858 0.0544 -0.0021 0.1004 1267 555 0.0553 0.1111 0.0453 0.0035 -0.1045 0.0045 2014-05-01 2008-09-30 0.2314 0.0600 0.0268 Year-to-Date (as of 9/30/12): 0.0453 0.1067 0.0025 0.0608 0.0085 0.0106 0.0710 0.0919 0.0001 0000879947 ck0000879947:SummaryS000009899Member ck0000879947:S000009899Member ck0000879947:C000027393Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009899Member ck0000879947:S000009899Member ck0000879947:C000027395Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009899Member ck0000879947:S000009899Member ck0000879947:C000027396Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009899Member ck0000879947:S000009899Member ck0000879947:C000121207Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009899Member ck0000879947:S000009899Member rr:AfterTaxesOnDistributionsMember ck0000879947:C000027393Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009899Member ck0000879947:S000009899Member rr:AfterTaxesOnDistributionsAndSalesMember ck0000879947:C000027393Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009899Member ck0000879947:S000009899Member ck0000879947:RRINDEX00001Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009899Member ck0000879947:S000009899Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009900Member ck0000879947:S000009900Member ck0000879947:C000027397Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009900Member ck0000879947:S000009900Member ck0000879947:C000027400Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009900Member ck0000879947:S000009900Member rr:AfterTaxesOnDistributionsMember ck0000879947:C000027397Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009900Member ck0000879947:S000009900Member rr:AfterTaxesOnDistributionsAndSalesMember ck0000879947:C000027397Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009900Member ck0000879947:S000009900Member ck0000879947:RRINDEX00004Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009900Member ck0000879947:S000009900Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009901Member ck0000879947:S000009901Member ck0000879947:C000027401Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009901Member ck0000879947:S000009901Member ck0000879947:C000027404Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009901Member ck0000879947:S000009901Member ck0000879947:C000121208Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009901Member ck0000879947:S000009901Member rr:AfterTaxesOnDistributionsMember ck0000879947:C000027401Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009901Member ck0000879947:S000009901Member rr:AfterTaxesOnDistributionsAndSalesMember ck0000879947:C000027401Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009901Member ck0000879947:S000009901Member ck0000879947:RRINDEX00001Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009901Member ck0000879947:S000009901Member ck0000879947:RRINDEX00002Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009901Member ck0000879947:S000009901Member ck0000879947:RRINDEX00003Member 2012-12-01 2012-12-01 0000879947 ck0000879947:SummaryS000009901Member ck0000879947:S000009901Member 2012-12-01 2012-12-01 0000879947 2012-12-01 2012-12-01 pure iso4217:USD Because Service Class shares will have commenced operations on or following the date of this Prospectus, these amounts are based on estimates for the current fiscal year. Managers Investment Group LLC (the "Investment Manager") has contractually agreed, through at least May 1, 2014, to waive management fees and/or reimburse Fund expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements (exclusive of taxes, shareholder servicing fees, interest (including interest incurred in connection with bank and custody overdrafts), distribution and service (12b-1) fees, brokerage commissions and other transaction costs, acquired fund fees and expenses, and extraordinary expenses) to 0.59% of the Fund's average daily net assets subject to later reimbursement by the Fund in certain circumstances. In general, for a period of up to 36 months from the time of any waiver, reimbursement, or payment pursuant to the Fund's contractual expense limitation, the Investment Manager may recover from the Fund fees waived and expenses paid to the extent that such repayment would not cause the Fund's Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements to exceed the contractual expense limitation amount. Under such arrangement, if the maximum amount of shareholder servicing fees and distribution and service (12b-1) fees were charged to the classes under the current applicable plans, the total annual fund operating expenses (excluding the other items noted in the parenthetical above) of the Investor Class, Service Class, Class C, and Institutional Class would be 0.84%, 0.69%, 1.59%, and 0.59%, respectively, of the average daily net assets of such classes. The contractual expense limitation may only be terminated upon termination of the Fund's investment advisory agreement with the Investment Manager or by mutual agreement between the Investment Manager and the Fund's Board of Trustees. The Total Annual Fund Operating Expenses and Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements may not correlate to the ratios of expenses to average net assets in the Financial Highlights section of the Fund's Prospectus. The ratios reflect only the operating expenses of the Fund and do not include fees and expenses of any acquired funds. Managers Investment Group LLC (the "Investment Manager") has contractually agreed, through at least May 1, 2014, to waive management fees and/or reimburse Fund expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements (exclusive of taxes, interest (including interest incurred in connection with bank and custody overdrafts), shareholder servicing fees, distribution and service (12b-1) fees, brokerage commissions, and other transaction costs, acquired fund fees and expenses, and extraordinary expenses) to 0.84% of the Fund's average daily net assets subject to later reimbursement by the Fund in certain circumstances. In general, for a period of up to 36 months from the time of any waiver, reimbursement, or payment pursuant to the Fund's contractual expense limitation, the Investment Manager may recover from the Fund fees waived and expenses paid to the extent that such repayment would not cause the Fund's Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements to exceed the contractual expense limitation amount. Under such arrangement, if the maximum amount of shareholder servicing fees and distribution and service (12b-1) fees were charged to the classes under the current applicable plans, the total annual fund operating expenses (excluding the other items noted in the parenthetical above) of the Investor Class, Service Class, and Institutional Class would be 1.09%, 0.94%, and 0.84%, respectively, of the average daily net assets of such classes. The contractual expense limitation may only be terminated upon termination of the Fund's investment advisory agreement with the Investment Manager or by mutualagreement between the Investment Manager and the Fund's Board of Trustees. The Total Annual Fund Operating Expenses and Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements may not correlate to the ratios of expenses to average net assets in the Financial Highlights section of the Fund's Prospectus. The ratios reflect only the operating expenses of the Fund and do not include fees and expenses of any acquired funds. Managers Investment Group LLC (the "Investment Manager") has contractually agreed, through at least May 1, 2014, to waive management fees and/or reimburse Fund expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements (exclusive of taxes, interest (including interest incurred in connection with bank and custody overdrafts), distribution and service (12b-1) fees, brokerage commissions and other transaction costs, acquired fund fees and expenses, and extraordinary expenses) to 0.90% of the Fund's average daily net assets, subject to later reimbursement by the Fund in certain circumstances. In general, for a period of up to 36 months from the time of any waiver, reimbursement, or payment pursuant to the Fund's contractual expense limitation, the Investment Manager may recover from the Fund fees waived and expenses paid to the extent that such repayment would not cause the Fund's Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements to exceed the contractual expense limitation amount. The contractual expense limitation may only be terminated upon termination of the Fund's investment advisory agreement with the Investment Manager or by mutual agreement between the Investment Manager and the Fund's Board of Trustees. 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Managers High Yield Fund (Prospectus Summary) | Managers High Yield Fund
Managers High Yield Fund
INVESTMENT OBJECTIVE
The Managers High Yield Fund's (the "Fund" or "High Yield Fund") investment
objective is to achieve a high level of current income,
with a secondary objective of capital appreciation.
FEES AND EXPENSES OF THE FUND
The tables below describe the fees and expenses that you may pay if you buy and
hold shares of the Fund.
Shareholder Fees (fees paid directly from your investment)
Shareholder Fees Managers High Yield Fund
Investor Class
Institutional Class
Redemption/Exchange Fee (as a percentage of the amount redeemed, if applicable, within 90 days of purchase) 2.00% 2.00%
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Managers High Yield Fund
Investor Class
Institutional Class
Management Fee 0.70% 0.70%
Distribution and Service (12b-1) Fees 0.25% none
Other Expenses 0.74% 0.74%
Acquired Fund Fees and Expenses 0.01% 0.01%
Total Annual Fund Operating Expenses [1] 1.70% 1.45%
Fee Waiver and Expense Reimbursements [2] (0.54%) (0.54%)
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements [1] 1.16% 0.91%
[1] The Total Annual Fund Operating Expenses and Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements may not correlate to the ratios of expenses to average net assets in the Financial Highlights section of the Fund's Prospectus. The ratios reflect only the operating expenses of the Fund and do not include fees and expenses of any acquired funds.
[2] Managers Investment Group LLC (the "Investment Manager") has contractually agreed, through at least May 1, 2014, to waive management fees and/or reimburse Fund expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements (exclusive of taxes, interest (including interest incurred in connection with bank and custody overdrafts), distribution and service (12b-1) fees, brokerage commissions and other transaction costs, acquired fund fees and expenses, and extraordinary expenses) to 0.90% of the Fund's average daily net assets, subject to later reimbursement by the Fund in certain circumstances. In general, for a period of up to 36 months from the time of any waiver, reimbursement, or payment pursuant to the Fund's contractual expense limitation, the Investment Manager may recover from the Fund fees waived and expenses paid to the extent that such repayment would not cause the Fund's Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements to exceed the contractual expense limitation amount. The contractual expense limitation may only be terminated upon termination of the Fund's investment advisory agreement with the Investment Manager or by mutual agreement between the Investment Manager and the Fund's Board of Trustees.
EXPENSE EXAMPLE
This Example will help you compare the cost of investing in the Fund to the cost
of investing in other mutual funds. The Example makes certain assumptions. It
assumes that you invest $10,000 as an initial investment in the Fund for the
time periods indicated and then redeem all of your shares at the end of those
periods. It also assumes that your investment has a 5% total return each year
and the Fund's operating expenses remain the same. The Example reflects the
impact of the Fund's contractual expense limitation through May 1, 2014.
Although your actual costs may be higher or lower, based on the above assumptions, your costs would be:
Expense Example Managers High Yield Fund (USD $)
Expense Example, with Redemption, 1 Year
Expense Example, with Redemption, 3 Years
Expense Example, with Redemption, 5 Years
Expense Example, with Redemption, 10 Years
Investor Class
118 483 872 1,964
Institutional Class
93 406 741 1,689
PORTFOLIO TURNOVER
The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate
may indicate higher transaction costs and may result in higher taxes when Fund
shares are held in a taxable account. These costs, which are not reflected in
Annual Fund Operating Expenses or in the Example, affect the Fund's performance.
During the most recent fiscal year, the Fund's portfolio turnover rate was 48%
of the average value of its portfolio.
PRINCIPAL INVESTMENT STRATEGIES
The Fund seeks to achieve its investment objective of a high level of current
income, with a secondary objective of capital appreciation, by investing in a
portfolio of below investment grade bonds (those rated Ba1/BB+ or lower by
Moody's Investors Service, Inc. ("Moody's")/Standard & Poor's Corporation
("S&P")). Under normal circumstances, the Fund will invest at least 80% of its
net assets, plus the amount of any borrowings for investment purposes, in
below-investment-grade bonds.

The Fund may also invest in any of the following: corporate debt securities and
preferred stock; zero-coupon bonds and other deferred interest securities that
do not pay periodic interest; convertible securities; restricted securities;
cash or cash equivalents, such as certificates of deposit or money market funds;
money market instruments, such as bankers' acceptances, commercial paper and
repurchase agreements; securities issued or guaranteed by the U.S. government,
its agencies and instrumentalities, such as the Federal Home Loan Bank and the
Student Loan Marketing Association; common stocks; and stocks and bonds of
foreign issuers, including issuers in emerging markets. The Fund may invest up
to 15% of its total assets in derivatives such as options, futures contracts, or
swap agreements, including, but not limited to, credit default swaps.
PRINCIPAL RISKS
There is the risk that you may lose money on your investment. All investments
carry a certain amount of risk and the Fund cannot guarantee that it will
achieve its investment objective. An investment in the Fund is not a deposit
or obligation of any bank, is not endorsed or guaranteed by any bank, and is
not insured by the Federal Deposit Insurance Corporation ("FDIC") or any other
government agency. Below are some of the risks of investing in the Fund.

Asset-Backed and Mortgage-Backed Securities Risk-asset-backed and
mortgage-backed securities investments involve risk of loss due to
prepayments that occur earlier or later than expected or due to default.

Credit and Counterparty Risk-the issuer of bonds or other debt securities or
a counterparty to a derivatives contract may not be able to meet interest,
principal or settlement payments or otherwise honor its obligations.

Currency Risk-fluctuations in exchange rates may affect the total loss or gain
on a non-U.S. dollar investment when converted back to U.S. dollars.

Derivatives Risk-the complexity and rapidly changing structure of derivatives
markets may increase the possibility of market losses.

Foreign Securities Risk-securities or other investments of foreign issuers
involve additional risks (such as risks arising from less frequent trading,
changes in political or social conditions, and less publicly available
information about non-U.S. issuers) that differ from those associated with
investing in securities of U.S. issuers and may result in greater price
volatility.

High Yield Risk-below-investment grade debt securities and unrated securities
of similar credit quality (commonly known as "junk bonds" or "high yield
securities") may be subject to greater levels of interest rate, credit, and
liquidity risk.

Inflation Risk-the price of an asset, or the income generated by an asset, may
not keep up with the cost of living.

Interest Rate Risk-fixed-coupon payments (cash flows) of bonds and debt
securities may become less competitive with the market in periods of rising
interest rates and cause bond prices to decline. Liquidity Risk-particular
investments, such as illiquid securities, may not be able to be sold at the
price the Fund would like or the Fund may have to sell them at a loss.

Market Risk-market prices of domestic and foreign securities held by the Fund
may fall rapidly or unpredictably due to a variety of factors, including
changing economic, political, or market conditions. Political Risk-changes in
the political status of any country can have profound effects on the value of
investments exposed to that country.

Prepayment Risk-many bonds and debt securities have call provisions that may
result in debtors paying back the debt prior to maturity during periods of
decreasing interest rates.

Reinvestment Risk-investors may have difficulty reinvesting payments from
debtors and may receive lower rates than from their original investments.

Restricted Securities Risk-it may be difficult to find a buyer for restricted
securities and the selling price may be less than originally anticipated.

U.S. Government Securities Risk-obligations issued by some U.S. Government
agencies, authorities, instrumentalities, or sponsored enterprises such as
Government National Mortgage Association ("GNMA"), are backed by the full faith
and credit of the U.S. Government, while obligations issued by others, such as
Federal National Mortgage Association ("FNMA"), Federal Home Loan Mortgage
Corporation ("FHLMC"), and Federal Home Loan Banks ("FHLBs") are not backed by
the full faith and credit of the U.S. Government and are backed solely by the
entity's own resources or by the ability of the entity to borrow from the U.S.
Treasury. If one of these agencies defaulted on a loan, there is no guarantee
that the U.S. Government will provide financial support.
PERFORMANCE
The following performance information illustrates the risks of investing in the
Fund by showing changes in the Fund's performance from year to year and by
showing how the Fund's performance compares to that of a broad based securities
market index. The performance information for the Fund's Investor Class shares
(formerly Class A shares of the Fund, which were renamed Investor Class shares
as of the date of this Prospectus) for periods prior to November 30, 2012 does
not reflect the impact of the front end and deferred sales charges (loads) that
were in effect until November 30, 2012. As always, past performance of the Fund
(before and after taxes) is not an indication of how the Fund will perform in
the future. To obtain updated performance information please visit www.
managersinvest.com or call 800.835.3879.
Calendar Year Total Returns as of 12/31/11 (Investor Class)
Bar Chart
Best Quarter: 24.77% (2nd Quarter 2009)

Worst Quarter: -21.62% (4th Quarter 2008)
Average Annual Total Returns as of 12/31/11
Average Annual Total Returns Managers High Yield Fund
Label
1 Year
5 Years
10 Years
Investor Class
Investor Class Return Before Taxes 4.54% 5.63% 8.13%
Investor Class After Taxes on Distributions
Investor Class Return After Taxes on Distributions 1.86% 2.63% 5.06%
Investor Class After Taxes on Distributions and Sales
Investor Class Return After Taxes on Distributions and Sale of Fund Shares 2.93% 2.96% 5.10%
Institutional Class
Institutional Class Return Before Taxes 4.83% 5.95% 8.54%
Barclays U.S. Corporate High Yield Index
Barclays U.S. Corporate High Yield Index (reflects no deduction for fees, expenses, or taxes) 4.98% 7.54% 8.85%
After-tax returns are calculated using the historical highest individual federal
marginal income tax rates and do not reflect the impact of state and local
taxes. Actual after-tax returns depend on an investor's tax situation and may
differ from those shown. After-tax returns are not relevant to investors who
hold their Fund shares through tax-deferred arrangements, such as 401(k) plans
or individual retirement accounts. After-tax returns are shown for Investor
Class shares only, and after-tax returns for Institutional Class shares will
vary.

XML 14 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Managers AMG Chicago Equity Partners Balanced Fund (Prospectus Summary) | Managers AMG Chicago Equity Partners Balanced Fund
Managers AMG Chicago Equity Partners Balanced Fund
INVESTMENT OBJECTIVE
The Managers AMG Chicago Equity Partners Balanced Fund's (the "Fund" or "CEP
Balanced Fund") investment objective is to achieve a high total investment
return, consistent with the preservation of capital and prudent economic risk.
FEES AND EXPENSES OF THE FUND
The table below describes the fees and expenses that you may pay if you buy
and hold shares of the Fund.
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Managers AMG Chicago Equity Partners Balanced Fund
Investor Class
Service Class
Institutional Class
Management Fee 0.70% 0.70% 0.70%
Distribution and Service (12b-1) Fees 0.25% none none
Other Expenses 0.75% 0.85% [1] 0.75%
Acquired Fund Fees and Expenses 0.01% 0.01% [1] 0.01%
Total Annual Fund Operating Expenses [2] 1.71% 1.56% 1.46%
Fee Waiver and Expense Reimbursements [3] (0.61%) (0.61%) (0.61%)
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements [2] 1.10% 0.95% 0.85%
[1] Because Service Class shares will have commenced operations on or following the date of this Prospectus, these amounts are based on estimates for the current fiscal year.
[2] The Total Annual Fund Operating Expenses and Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements may not correlate to the ratios of expenses to average net assets in the Financial Highlights section of the Fund's Prospectus. The ratios reflect only the operating expenses of the Fund and do not include fees and expenses of any acquired funds.
[3] Managers Investment Group LLC (the "Investment Manager") has contractually agreed, through at least May 1, 2014, to waive management fees and/or reimburse Fund expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements (exclusive of taxes, interest (including interest incurred in connection with bank and custody overdrafts), shareholder servicing fees, distribution and service (12b-1) fees, brokerage commissions, and other transaction costs, acquired fund fees and expenses, and extraordinary expenses) to 0.84% of the Fund's average daily net assets subject to later reimbursement by the Fund in certain circumstances. In general, for a period of up to 36 months from the time of any waiver, reimbursement, or payment pursuant to the Fund's contractual expense limitation, the Investment Manager may recover from the Fund fees waived and expenses paid to the extent that such repayment would not cause the Fund's Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements to exceed the contractual expense limitation amount. Under such arrangement, if the maximum amount of shareholder servicing fees and distribution and service (12b-1) fees were charged to the classes under the current applicable plans, the total annual fund operating expenses (excluding the other items noted in the parenthetical above) of the Investor Class, Service Class, and Institutional Class would be 1.09%, 0.94%, and 0.84%, respectively, of the average daily net assets of such classes. The contractual expense limitation may only be terminated upon termination of the Fund's investment advisory agreement with the Investment Manager or by mutualagreement between the Investment Manager and the Fund's Board of Trustees.
EXPENSE EXAMPLE
This Example will help you compare the cost of investing in the Fund to the cost
of investing in other mutual funds. The Example makes certain assumptions. It
assumes that you invest $10,000 as an initial investment in the Fund for the
time periods indicated and then redeem all of your shares at the end of those
periods. It also assumes that your investment has a 5% total return each year
and the Fund's operating expenses remain the same. The Example reflects the
impact of the Fund's contractual expense limitation through May 1, 2014.
Although your actual costs may be higher or lower, based on the above assumptions, your costs would be:
Expense Example Managers AMG Chicago Equity Partners Balanced Fund (USD $)
Expense Example, with Redemption, 1 Year
Expense Example, with Redemption, 3 Years
Expense Example, with Redemption, 5 Years
Expense Example, with Redemption, 10 Years
Investor Class
112 453 846 1,946
Service Class
97 407 767 1,782
Institutional Class
87 375 714 1,671
PORTFOLIO TURNOVER
The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate
may indicate higher transaction costs and may result in higher taxes when Fund
shares are held in a taxable account. These costs, which are not reflected in
Annual Fund Operating Expenses or in the Example, affect the Fund's performance.
During the most recent fiscal year, the Fund's portfolio turnover rate was 94%
of the average value of its portfolio.
PRINCIPAL INVESTMENT STRATEGIES
The Fund will ordinarily invest 50-65% of its total assets in equity securities
and invests the remainder in bonds and other fixed income securities, as well as
cash or cash equivalents.

The Fund will invest at least 25% of its total assets in equity securities. The
equity portion of the Fund is invested primarily in a diversified portfolio of
U.S. common stocks, as well as other U.S. and foreign securities, including
convertible securities and warrants. Normally, the equity portion of the Fund
will focus on large- (generally determined by reference to the capitalization
of companies in the Russell 1000® Index) and medium-sized (generally determined
by reference to the capitalization of companies in the Russell Midcap® Index)
companies which will generally be listed on the New York or American Stock
Exchanges or on NASDAQ and widely held among a large number of investors. As
of May 31, 2012, the date of the latest reconstitution of the Indices, the range
of market capitalizations for the Russell 1000® Index and Russell Midcap® Index
was $1.35 billion to $ 540.21 billion and $1.35 billion to $17.39 billion,
respectively. For equity investments, Chicago Equity Partners, LLC ("CEP")
typically utilizes a proprietary, multi-factor ranking system encompassing
momentum, value, and quality factors to identify attractive stocks.
  
The Fund will invest at least 25% of its total assets in fixed income
securities. The fixed income portion of the Fund will invest in a wide range
of domestic and foreign fixed income securities, such as bonds, including
securities not based on the U.S. dollar. The majority of the Fund's foreign
investments may be in "Yankee bonds" (bonds payable in U.S. dollars that are
issued in the United States by foreign banks and corporations). The Fund may
also invest up to 25% of its total assets in below-investment grade securities
(those rated Ba1/ BB+ or lower by Moody's Investors Service, Inc. ("Moody's") or
Standard & Poor's Corporation ("S&P"), respectively, that the Fund's Subadvisor,
CEP, believes do not involve undue risk to income or principal. The lowest
credit-rating categories in which the Fund invests are Caa/CCC (as rated by
Moody's/S&P). Incorporating fundamental, "bottom-up" credit and market analysis,
CEP invests the Fund's assets primarily in bonds with 7- to 30- year maturities.
For the fixed income portion of the Fund, CEP typically:

•    Determines sector weightings based on the relative attractiveness of        
     corporates, mortgages, agencies, and Treasuries using fundamental and       
     quantitative analysis.                                                      

•    Selects securities by analyzing bonds within their peer group and choosing  
     the most favorable issuers from a risk/return standpoint based on           
     proprietary research.                                                       

•    Maintains durations within a range of plus or minus 10% of the Fund's fixed
     income benchmark.                                                           

The Fund may invest more than 65% of its total assets in stocks if CEP considers
conditions in the stock market to be more favorable than those in the bond
market, and the Fund may invest more than 25% of its total assets in fixed
income securities if CEP considers conditions in the bond market to be more
favorable than those in the stock market.
PRINCIPAL RISKS
There is the risk that you may lose money on your investment. All investments
carry a certain amount of risk and the Fund cannot guarantee that it will
achieve its investment objective. An investment in the Fund is not a deposit
or obligation of any bank, is not endorsed or guaranteed by any bank, and is
not insured by the Federal Deposit Insurance Corporation ("FDIC") or any other
government agency. Below are some of the risks of investing in the Fund.

Credit Risk-the issuer of bonds or other debt securities may not be able to meet
interest or principal payments when the bonds or other debt securities come due.

Currency Risk-fluctuations in exchange rates may affect the total loss or gain
on a non-U.S. dollar investment when converted back to U.S. dollars.

Foreign Securities Risk-securities or other investments of foreign issuers
involve additional risks (such as risks arising from less frequent trading,
changes in political or social conditions, and less publicly available
information about non-U.S. issuers) that differ from those associated with
investing in securities of U.S. issuers and may result in greater price
volatility.

Growth Stock Risk-growth stocks may be more sensitive to market movements
because their prices tend to reflect future investor expectations rather
than just current profits.

High Yield Risk-below-investmentgrade debt securities and unrated securities
of similar credit quality (commonly known as "junk bonds" or "high yield
securities") may be subject to greater levels of interest rate, credit, and
liquidity risk.

Interest Rate Risk-fixed-coupon payments (cash flows) of bonds and debt
securities may become less competitive with the market in periods of rising
interest rates and cause bond prices to decline.

Large-Capitalization Stock Risk-the stocks of large-capitalization companies are
generally more mature and may not be able to reach the same levels of growth as
the stocks of small- or mid-capitalization companies.

Liquidity Risk-particular investments, such as illiquid securities, may not be
able to be sold at the price the Fund would like or the Fund may have to sell
them at a loss.

Market Risk-market prices of domestic and foreign securities held by the Fund
may fall rapidly or unpredictably due to a variety of factors, including
changing economic, political, or market conditions.

Mid-Capitalization Stock Risk-the stocks of mid-capitalization companies often
have greater price volatility, lower trading volume, and less liquidity than
the stocks of larger, more established companies.

Political Risk-changes in the political status of any country can have profound
effects on the value of investments exposed to that country.

Prepayment Risk-many bonds and debt securities have call provisions that may
result in debtors paying back the debt prior to maturity during periods of
decreasing interest rates.

Reinvestment Risk-investors may have difficulty reinvesting payments from
debtors and may receive lower rates than from their original investments.

U.S. Government Securities Risk-obligationsissued by some U.S. Government
agencies, authorities, instrumentalities, or sponsored enterprises such as
Government National Mortgage Association ("GNMA"), are backed by the full faith
and credit of the U.S. Government, while obligations issued by others, such as
Federal National Mortgage Association ("FNMA"), Federal Home Loan Mortgage
Corporation ("FHLMC"), and Federal Home Loan Banks ("FHLBs") are not backed by
the full faith and credit of the U.S. Government and are backed solely by the
entity's own resources or by the ability of the entity to borrow from the U.S.
Treasury. If one of these agencies defaulted on a loan, there is no guarantee
that the U.S. Government will provide financial support.

Value Stock Risk-value stocks may perform differently from the market as a whole
and may be undervalued by the market for a long period of time.
PERFORMANCE
The following performance information illustrates the risks of investing in the
Fund by showing changes in the Fund's performance from year to year and by
showing how the Fund's performance compares to that of two broad based
securities market indices and to a composite index, which more accurately
reflects the composition of the Fund's portfolio. The performance information
for the Fund's Investor Class shares (formerly Class A shares of the Fund, which
were renamed Investor Class shares as of the date of this Prospectus) for
periods prior to December 1, 2012 does not reflect the impact of any previously
imposed front end or deferred sales charges (loads) that were in effect until
December 1, 2012. As always, past performance of the Fund (before and after
taxes) is not an indication of how the Fund will perform in the future. To
obtain updated performance information please visit www. managersinvest.com or
call 800.835.3879.
Calendar Year Total Returns as of 12/31/11 (Investor Class)
Bar Chart
Best Quarter: 12.03% (2nd Quarter 2009)

Worst Quarter: -9.69% (4th Quarter 2008)
Average Annual Total Returns as of 12/31/11
Average Annual Total Returns Managers AMG Chicago Equity Partners Balanced Fund
Label
1 Year
5 Years
10 Years
Investor Class
Investor Class Return Before Taxes 6.45% 3.86% 5.45%
Investor Class After Taxes on Distributions
Investor Class Return After Taxes on Distributions 5.52% 3.28% 4.81%
Investor Class After Taxes on Distributions and Sales
Investor Class Return After Taxes on Distributions and Sale of Fund Shares 4.98% 3.09% 4.48%
Institutional Class
Institutional Class Return Before Taxes 6.78% 4.13% 5.81%
Barclays U.S. Aggregate Bond Index
Barclays U.S. Aggregate Bond Index (reflects no deduction for fees, expenses, or taxes) 7.84% 6.50% 5.78%
Russell 1000® Index
Russell 1000® Index (reflects no deduction for fees, expenses, or taxes) 1.50% (0.02%) 3.34%
Composite Index (composed of 60% Russell 1000 Index & 40% Barclays U.S. Aggregate Bond Index)
Composite Index (composed of 60% Russell 1000 Index & 40% Barclays U.S. Aggregate Bond Index) (reflects no deduction for fees, expenses, or taxes) 4.84% 3.55% 5.01%
After-tax returns are calculated using the historical highest individual federal
marginal income tax rates and do not reflect the impact of state and local
taxes. Actual after-tax returns depend on an investor's tax situation and may
differ from those shown. After-tax returns are not relevant to investors who
hold their Fund shares through tax-deferred arrangements, such as 401(k) plans
or individual retirement accounts. After-tax returns are shown for Investor
Class shares only, and after-tax returns for other share classes will vary.
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XML 16 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
ProspectusDate rr_ProspectusDate Dec. 01, 2012
Managers AMG Chicago Equity Partners Balanced Fund (Prospectus Summary) | Managers AMG Chicago Equity Partners Balanced Fund
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Managers AMG Chicago Equity Partners Balanced Fund
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Managers AMG Chicago Equity Partners Balanced Fund's (the "Fund" or "CEP
Balanced Fund") investment objective is to achieve a high total investment
return, consistent with the preservation of capital and prudent economic risk.
Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES OF THE FUND
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The table below describes the fees and expenses that you may pay if you buy
and hold shares of the Fund.
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading PORTFOLIO TURNOVER
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate
may indicate higher transaction costs and may result in higher taxes when Fund
shares are held in a taxable account. These costs, which are not reflected in
Annual Fund Operating Expenses or in the Example, affect the Fund's performance.
During the most recent fiscal year, the Fund's portfolio turnover rate was 94%
of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 94.00%
Acquired Fund Fees and Expenses, Based on Estimates [Text] rr_AcquiredFundFeesAndExpensesBasedOnEstimates Because Service Class shares will have commenced operations on or following the date of this Prospectus, these amounts are based on estimates for the current fiscal year.
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees The Total Annual Fund Operating Expenses and Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements may not correlate to the ratios of expenses to average net assets in the Financial Highlights section of the Fund's Prospectus. The ratios reflect only the operating expenses of the Fund and do not include fees and expenses of any acquired funds.
Expense Example [Heading] rr_ExpenseExampleHeading EXPENSE EXAMPLE
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example will help you compare the cost of investing in the Fund to the cost
of investing in other mutual funds. The Example makes certain assumptions. It
assumes that you invest $10,000 as an initial investment in the Fund for the
time periods indicated and then redeem all of your shares at the end of those
periods. It also assumes that your investment has a 5% total return each year
and the Fund's operating expenses remain the same. The Example reflects the
impact of the Fund's contractual expense limitation through May 1, 2014.
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Although your actual costs may be higher or lower, based on the above assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund will ordinarily invest 50-65% of its total assets in equity securities
and invests the remainder in bonds and other fixed income securities, as well as
cash or cash equivalents.

The Fund will invest at least 25% of its total assets in equity securities. The
equity portion of the Fund is invested primarily in a diversified portfolio of
U.S. common stocks, as well as other U.S. and foreign securities, including
convertible securities and warrants. Normally, the equity portion of the Fund
will focus on large- (generally determined by reference to the capitalization
of companies in the Russell 1000® Index) and medium-sized (generally determined
by reference to the capitalization of companies in the Russell Midcap® Index)
companies which will generally be listed on the New York or American Stock
Exchanges or on NASDAQ and widely held among a large number of investors. As
of May 31, 2012, the date of the latest reconstitution of the Indices, the range
of market capitalizations for the Russell 1000® Index and Russell Midcap® Index
was $1.35 billion to $ 540.21 billion and $1.35 billion to $17.39 billion,
respectively. For equity investments, Chicago Equity Partners, LLC ("CEP")
typically utilizes a proprietary, multi-factor ranking system encompassing
momentum, value, and quality factors to identify attractive stocks.
  
The Fund will invest at least 25% of its total assets in fixed income
securities. The fixed income portion of the Fund will invest in a wide range
of domestic and foreign fixed income securities, such as bonds, including
securities not based on the U.S. dollar. The majority of the Fund's foreign
investments may be in "Yankee bonds" (bonds payable in U.S. dollars that are
issued in the United States by foreign banks and corporations). The Fund may
also invest up to 25% of its total assets in below-investment grade securities
(those rated Ba1/ BB+ or lower by Moody's Investors Service, Inc. ("Moody's") or
Standard & Poor's Corporation ("S&P"), respectively, that the Fund's Subadvisor,
CEP, believes do not involve undue risk to income or principal. The lowest
credit-rating categories in which the Fund invests are Caa/CCC (as rated by
Moody's/S&P). Incorporating fundamental, "bottom-up" credit and market analysis,
CEP invests the Fund's assets primarily in bonds with 7- to 30- year maturities.
For the fixed income portion of the Fund, CEP typically:

•    Determines sector weightings based on the relative attractiveness of        
     corporates, mortgages, agencies, and Treasuries using fundamental and       
     quantitative analysis.                                                      

•    Selects securities by analyzing bonds within their peer group and choosing  
     the most favorable issuers from a risk/return standpoint based on           
     proprietary research.                                                       

•    Maintains durations within a range of plus or minus 10% of the Fund's fixed
     income benchmark.                                                           

The Fund may invest more than 65% of its total assets in stocks if CEP considers
conditions in the stock market to be more favorable than those in the bond
market, and the Fund may invest more than 25% of its total assets in fixed
income securities if CEP considers conditions in the bond market to be more
favorable than those in the stock market.
Risk [Heading] rr_RiskHeading PRINCIPAL RISKS
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock There is the risk that you may lose money on your investment. All investments
carry a certain amount of risk and the Fund cannot guarantee that it will
achieve its investment objective. An investment in the Fund is not a deposit
or obligation of any bank, is not endorsed or guaranteed by any bank, and is
not insured by the Federal Deposit Insurance Corporation ("FDIC") or any other
government agency. Below are some of the risks of investing in the Fund.

Credit Risk-the issuer of bonds or other debt securities may not be able to meet
interest or principal payments when the bonds or other debt securities come due.

Currency Risk-fluctuations in exchange rates may affect the total loss or gain
on a non-U.S. dollar investment when converted back to U.S. dollars.

Foreign Securities Risk-securities or other investments of foreign issuers
involve additional risks (such as risks arising from less frequent trading,
changes in political or social conditions, and less publicly available
information about non-U.S. issuers) that differ from those associated with
investing in securities of U.S. issuers and may result in greater price
volatility.

Growth Stock Risk-growth stocks may be more sensitive to market movements
because their prices tend to reflect future investor expectations rather
than just current profits.

High Yield Risk-below-investmentgrade debt securities and unrated securities
of similar credit quality (commonly known as "junk bonds" or "high yield
securities") may be subject to greater levels of interest rate, credit, and
liquidity risk.

Interest Rate Risk-fixed-coupon payments (cash flows) of bonds and debt
securities may become less competitive with the market in periods of rising
interest rates and cause bond prices to decline.

Large-Capitalization Stock Risk-the stocks of large-capitalization companies are
generally more mature and may not be able to reach the same levels of growth as
the stocks of small- or mid-capitalization companies.

Liquidity Risk-particular investments, such as illiquid securities, may not be
able to be sold at the price the Fund would like or the Fund may have to sell
them at a loss.

Market Risk-market prices of domestic and foreign securities held by the Fund
may fall rapidly or unpredictably due to a variety of factors, including
changing economic, political, or market conditions.

Mid-Capitalization Stock Risk-the stocks of mid-capitalization companies often
have greater price volatility, lower trading volume, and less liquidity than
the stocks of larger, more established companies.

Political Risk-changes in the political status of any country can have profound
effects on the value of investments exposed to that country.

Prepayment Risk-many bonds and debt securities have call provisions that may
result in debtors paying back the debt prior to maturity during periods of
decreasing interest rates.

Reinvestment Risk-investors may have difficulty reinvesting payments from
debtors and may receive lower rates than from their original investments.

U.S. Government Securities Risk-obligationsissued by some U.S. Government
agencies, authorities, instrumentalities, or sponsored enterprises such as
Government National Mortgage Association ("GNMA"), are backed by the full faith
and credit of the U.S. Government, while obligations issued by others, such as
Federal National Mortgage Association ("FNMA"), Federal Home Loan Mortgage
Corporation ("FHLMC"), and Federal Home Loan Banks ("FHLBs") are not backed by
the full faith and credit of the U.S. Government and are backed solely by the
entity's own resources or by the ability of the entity to borrow from the U.S.
Treasury. If one of these agencies defaulted on a loan, there is no guarantee
that the U.S. Government will provide financial support.

Value Stock Risk-value stocks may perform differently from the market as a whole
and may be undervalued by the market for a long period of time.
Risk Lose Money [Text] rr_RiskLoseMoney There is the risk that you may lose money on your investment.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a deposit or obligation of any bank, is not endorsed or guaranteed by any bank, and is not insured by the Federal Deposit Insurance Corporation ("FDIC") or any other government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading PERFORMANCE
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The following performance information illustrates the risks of investing in the
Fund by showing changes in the Fund's performance from year to year and by
showing how the Fund's performance compares to that of two broad based
securities market indices and to a composite index, which more accurately
reflects the composition of the Fund's portfolio. The performance information
for the Fund's Investor Class shares (formerly Class A shares of the Fund, which
were renamed Investor Class shares as of the date of this Prospectus) for
periods prior to December 1, 2012 does not reflect the impact of any previously
imposed front end or deferred sales charges (loads) that were in effect until
December 1, 2012. As always, past performance of the Fund (before and after
taxes) is not an indication of how the Fund will perform in the future. To
obtain updated performance information please visit www. managersinvest.com or
call 800.835.3879.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following performance information illustrates the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's performance compares to that of two broad based securities market indices and to a composite index, which more accurately reflects the composition of the Fund's portfolio.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800.835.3879
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www. managersinvest.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As always, past performance of the Fund (before and after taxes) is not an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns as of 12/31/11 (Investor Class)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The performance information for the Fund's Investor Class shares (formerly Class A shares of the Fund, which were renamed Investor Class shares as of the date of this Prospectus) for periods prior to December 1, 2012 does not reflect the impact of any previously imposed front end or deferred sales charges (loads) that were in effect until December 1, 2012.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock Best Quarter: 12.03% (2nd Quarter 2009)

Worst Quarter: -9.69% (4th Quarter 2008)
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes reflects no deduction for fees, expenses, or taxes
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for Investor Class shares only, and after-tax returns for other share classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock After-tax returns are calculated using the historical highest individual federal
marginal income tax rates and do not reflect the impact of state and local
taxes. Actual after-tax returns depend on an investor's tax situation and may
differ from those shown. After-tax returns are not relevant to investors who
hold their Fund shares through tax-deferred arrangements, such as 401(k) plans
or individual retirement accounts. After-tax returns are shown for Investor
Class shares only, and after-tax returns for other share classes will vary.
Caption rr_AverageAnnualReturnCaption Average Annual Total Returns as of 12/31/11
Managers AMG Chicago Equity Partners Balanced Fund (Prospectus Summary) | Managers AMG Chicago Equity Partners Balanced Fund | Barclays U.S. Aggregate Bond Index
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Barclays U.S. Aggregate Bond Index (reflects no deduction for fees, expenses, or taxes)
1 Year rr_AverageAnnualReturnYear01 7.84%
5 Years rr_AverageAnnualReturnYear05 6.50%
10 Years rr_AverageAnnualReturnYear10 5.78%
Managers AMG Chicago Equity Partners Balanced Fund (Prospectus Summary) | Managers AMG Chicago Equity Partners Balanced Fund | Russell 1000® Index
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Russell 1000® Index (reflects no deduction for fees, expenses, or taxes)
1 Year rr_AverageAnnualReturnYear01 1.50%
5 Years rr_AverageAnnualReturnYear05 (0.02%)
10 Years rr_AverageAnnualReturnYear10 3.34%
Managers AMG Chicago Equity Partners Balanced Fund (Prospectus Summary) | Managers AMG Chicago Equity Partners Balanced Fund | Composite Index (composed of 60% Russell 1000 Index & 40% Barclays U.S. Aggregate Bond Index)
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Composite Index (composed of 60% Russell 1000 Index & 40% Barclays U.S. Aggregate Bond Index) (reflects no deduction for fees, expenses, or taxes)
1 Year rr_AverageAnnualReturnYear01 4.84%
5 Years rr_AverageAnnualReturnYear05 3.55%
10 Years rr_AverageAnnualReturnYear10 5.01%
Managers AMG Chicago Equity Partners Balanced Fund (Prospectus Summary) | Managers AMG Chicago Equity Partners Balanced Fund | Investor Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Management Fee rr_ManagementFeesOverAssets 0.70%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.75%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.71% [1]
Fee Waiver and Expense Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.61%) [2]
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements rr_NetExpensesOverAssets 1.10% [1]
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-05-01
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 112
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 453
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 846
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,946
Annual Return 2002 rr_AnnualReturn2002 (12.47%)
Annual Return 2003 rr_AnnualReturn2003 23.85%
Annual Return 2004 rr_AnnualReturn2004 9.45%
Annual Return 2005 rr_AnnualReturn2005 4.24%
Annual Return 2006 rr_AnnualReturn2006 13.73%
Annual Return 2007 rr_AnnualReturn2007 4.63%
Annual Return 2008 rr_AnnualReturn2008 (18.68%)
Annual Return 2009 rr_AnnualReturn2009 20.06%
Annual Return 2010 rr_AnnualReturn2010 11.14%
Annual Return 2011 rr_AnnualReturn2011 6.45%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 12.03%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (9.69%)
Label rr_AverageAnnualReturnLabel Investor Class Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 6.45%
5 Years rr_AverageAnnualReturnYear05 3.86%
10 Years rr_AverageAnnualReturnYear10 5.45%
Managers AMG Chicago Equity Partners Balanced Fund (Prospectus Summary) | Managers AMG Chicago Equity Partners Balanced Fund | Investor Class | After Taxes on Distributions
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Investor Class Return After Taxes on Distributions
1 Year rr_AverageAnnualReturnYear01 5.52%
5 Years rr_AverageAnnualReturnYear05 3.28%
10 Years rr_AverageAnnualReturnYear10 4.81%
Managers AMG Chicago Equity Partners Balanced Fund (Prospectus Summary) | Managers AMG Chicago Equity Partners Balanced Fund | Investor Class | After Taxes on Distributions and Sales
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Investor Class Return After Taxes on Distributions and Sale of Fund Shares
1 Year rr_AverageAnnualReturnYear01 4.98%
5 Years rr_AverageAnnualReturnYear05 3.09%
10 Years rr_AverageAnnualReturnYear10 4.48%
Managers AMG Chicago Equity Partners Balanced Fund (Prospectus Summary) | Managers AMG Chicago Equity Partners Balanced Fund | Service Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Management Fee rr_ManagementFeesOverAssets 0.70%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.85% [3]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01% [3]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.56% [1]
Fee Waiver and Expense Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.61%) [2]
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements rr_NetExpensesOverAssets 0.95% [1]
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-05-01
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 97
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 407
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 767
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,782
Managers AMG Chicago Equity Partners Balanced Fund (Prospectus Summary) | Managers AMG Chicago Equity Partners Balanced Fund | Institutional Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Management Fee rr_ManagementFeesOverAssets 0.70%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.75%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.46% [1]
Fee Waiver and Expense Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.61%) [2]
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements rr_NetExpensesOverAssets 0.85% [1]
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-05-01
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 87
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 375
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 714
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,671
Label rr_AverageAnnualReturnLabel Institutional Class Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 6.78%
5 Years rr_AverageAnnualReturnYear05 4.13%
10 Years rr_AverageAnnualReturnYear10 5.81%
[1] The Total Annual Fund Operating Expenses and Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements may not correlate to the ratios of expenses to average net assets in the Financial Highlights section of the Fund's Prospectus. The ratios reflect only the operating expenses of the Fund and do not include fees and expenses of any acquired funds.
[2] Managers Investment Group LLC (the "Investment Manager") has contractually agreed, through at least May 1, 2014, to waive management fees and/or reimburse Fund expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements (exclusive of taxes, interest (including interest incurred in connection with bank and custody overdrafts), shareholder servicing fees, distribution and service (12b-1) fees, brokerage commissions, and other transaction costs, acquired fund fees and expenses, and extraordinary expenses) to 0.84% of the Fund's average daily net assets subject to later reimbursement by the Fund in certain circumstances. In general, for a period of up to 36 months from the time of any waiver, reimbursement, or payment pursuant to the Fund's contractual expense limitation, the Investment Manager may recover from the Fund fees waived and expenses paid to the extent that such repayment would not cause the Fund's Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements to exceed the contractual expense limitation amount. Under such arrangement, if the maximum amount of shareholder servicing fees and distribution and service (12b-1) fees were charged to the classes under the current applicable plans, the total annual fund operating expenses (excluding the other items noted in the parenthetical above) of the Investor Class, Service Class, and Institutional Class would be 1.09%, 0.94%, and 0.84%, respectively, of the average daily net assets of such classes. The contractual expense limitation may only be terminated upon termination of the Fund's investment advisory agreement with the Investment Manager or by mutualagreement between the Investment Manager and the Fund's Board of Trustees.
[3] Because Service Class shares will have commenced operations on or following the date of this Prospectus, these amounts are based on estimates for the current fiscal year.
XML 17 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
Document Type dei_DocumentType 485BPOS
Document Period End Date dei_DocumentPeriodEndDate Dec. 01, 2012
Registrant Name dei_EntityRegistrantName MANAGERS TRUST II
Central Index Key dei_EntityCentralIndexKey 0000879947
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Nov. 30, 2012
Document Effective Date dei_DocumentEffectiveDate Dec. 01, 2012
Managers AMG Chicago Equity Partners Balanced Fund (Prospectus Summary) | Managers AMG Chicago Equity Partners Balanced Fund | Investor Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MBEAX
Managers AMG Chicago Equity Partners Balanced Fund (Prospectus Summary) | Managers AMG Chicago Equity Partners Balanced Fund | Service Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MBESX
Managers AMG Chicago Equity Partners Balanced Fund (Prospectus Summary) | Managers AMG Chicago Equity Partners Balanced Fund | Institutional Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MBEYX
Managers High Yield Fund (Prospectus Summary) | Managers High Yield Fund | Investor Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MHHAX
Managers High Yield Fund (Prospectus Summary) | Managers High Yield Fund | Institutional Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MHHYX
Managers AMG GW&K Fixed Income Fund (Prospectus Summary) | Managers AMG GW&K Fixed Income Fund | Class C
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MFDCX
Managers AMG GW&K Fixed Income Fund (Prospectus Summary) | Managers AMG GW&K Fixed Income Fund | Investor Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MFDAX
Managers AMG GW&K Fixed Income Fund (Prospectus Summary) | Managers AMG GW&K Fixed Income Fund | Service Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MFDSX
Managers AMG GW&K Fixed Income Fund (Prospectus Summary) | Managers AMG GW&K Fixed Income Fund | Institutional Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol MFDYX
XML 18 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6
Managers AMG GW&K Fixed Income Fund (Prospectus Summary) | Managers AMG GW&K Fixed Income Fund
Managers AMG GW&K Fixed Income Fund (formerly Managers Fixed Income Fund)
INVESTMENT OBJECTIVE
The Managers AMG GW&K Fixed Income Fund's (the "Fund" or "Fixed Income Fund")
investment objective is to achieve the highest level of income as is consistent
with the preservation of capital.
FEES AND EXPENSES OF THE FUND
The tables below describe the fees and expenses that you may pay if you buy and
hold shares of the Fund.
Shareholder Fees (fees paid directly from your investment)
Shareholder Fees
Managers AMG GW&K Fixed Income Fund
Class C
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of the offering price) none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the offering price or redemption proceeds) 1.00%
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses Managers AMG GW&K Fixed Income Fund
Investor Class
Service Class
Class C
Institutional Class
Management Fee 0.45% 0.45% 0.45% 0.45%
Distribution and Service (12b-1) Fees 0.25% none 1.00% none
Other Expenses 0.35% 0.45% [1] 0.35% 0.35%
Acquired Fund Fees and Expenses 0.01% 0.01% 0.01% 0.01%
Total Annual Fund Operating Expenses [2] 1.06% 0.91% 1.81% 0.81%
Fee Waiver and Expense Reimbursements (0.21%) (0.21%) (0.21%) (0.21%)
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements [2] 0.85% 0.70% 1.60% 0.60%
[1] Because Service Class shares will have commenced operations on or following the date of this Prospectus, these amounts are based on estimates for the current fiscal year.
[2] Managers Investment Group LLC (the "Investment Manager") has contractually agreed, through at least May 1, 2014, to waive management fees and/or reimburse Fund expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements (exclusive of taxes, shareholder servicing fees, interest (including interest incurred in connection with bank and custody overdrafts), distribution and service (12b-1) fees, brokerage commissions and other transaction costs, acquired fund fees and expenses, and extraordinary expenses) to 0.59% of the Fund's average daily net assets subject to later reimbursement by the Fund in certain circumstances. In general, for a period of up to 36 months from the time of any waiver, reimbursement, or payment pursuant to the Fund's contractual expense limitation, the Investment Manager may recover from the Fund fees waived and expenses paid to the extent that such repayment would not cause the Fund's Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements to exceed the contractual expense limitation amount. Under such arrangement, if the maximum amount of shareholder servicing fees and distribution and service (12b-1) fees were charged to the classes under the current applicable plans, the total annual fund operating expenses (excluding the other items noted in the parenthetical above) of the Investor Class, Service Class, Class C, and Institutional Class would be 0.84%, 0.69%, 1.59%, and 0.59%, respectively, of the average daily net assets of such classes. The contractual expense limitation may only be terminated upon termination of the Fund's investment advisory agreement with the Investment Manager or by mutual agreement between the Investment Manager and the Fund's Board of Trustees.
EXPENSE EXAMPLE
This Example will help you compare the cost of investing in the Fund to the cost
of investing in other mutual funds. The Example makes certain assumptions. It
assumes that you invest $10,000 as an initial investment in the Fund for the
time periods indicated and then redeem all of your shares at the end of those
periods. It also assumes that your investment has a 5% total return each year
and the Fund's operating expenses remain the same. The Example reflects the
impact of the Fund's contractual expense limitation through May 1, 2014.
Although your actual costs may be higher or lower, based on the above assumptions, your costs would be:
Expense Example Managers AMG GW&K Fixed Income Fund (USD $)
Expense Example, with Redemption, 1 Year
Expense Example, with Redemption, 3 Years
Expense Example, with Redemption, 5 Years
Expense Example, with Redemption, 10 Years
Investor Class
87 307 555 1,267
Service Class
72 260 474 1,092
Class C
163 540 952 2,102
Institutional Class
61 228 420 974
PORTFOLIO TURNOVER
The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate may
indicate higher transaction costs and may result in higher taxes when Fund
shares are held in a taxable account. These costs, which are not reflected in
Annual Fund Operating Expenses or in the Example, affect the Fund's performance.
During the most recent fiscal year, the Fund's portfolio turnover rate was 28%
of the average value of its portfolio.
PRINCIPAL INVESTMENT STRATEGIES
The Fund seeks to achieve its objective by investing in a diversified portfolio
of fixed income securities.

Under normal circumstances, the Fund will invest at least 80% of its net assets,
plus the amount of any borrowings for investment purposes, in debt securities of
U.S. and foreign issuers.

The Fund may invest in debt securities issued by any of the following: public
and private U.S. companies; foreign companies; the U.S. government and its
agencies, such as the Federal Home Loan Bank; state and local governments
issuing taxable municipal securities; and foreign governments, their agencies
and instrumentalities, including issuers in emerging markets. The Fund may also
invest in asset-backed debt securities. With respect to the portion of the Fund
invested in debt securities, up to 20% of the Fund's assets may be invested in
below-investment-grade securities (those rated Ba1/BB+ or lower by Moody's
Investors Service, Inc. ("Moody's")/Standard & Poor's Corporation ("S&P")).

While the Fund may purchase debt securities of any duration, the Fund will
primarily invest in debt securities so that the overall duration of the Fund's
portfolio will remain +/- 20% of the duration of its benchmark, the Barclays
U.S. Aggregate Bond Index. As of October 31, 2012, the duration of the benchmark
was 5.02 years. The average duration of debt securities in the Fund's portfolio
may, however, be shorter or longer depending on market conditions.

The Fund may invest up to 20% of its net assets in equity securities of any
capitalization range, including foreign and domestic common and preferred
stocks, as well as warrants and other equity instruments.
PRINCIPAL RISKS
There is the risk that you may lose money on your investment. All investments
carry a certain amount of risk and the Fund cannot guarantee that it will
achieve its investment objective. An investment in the Fund is not a deposit or
obligation of any bank, is not endorsed or guaranteed by any bank, and is not
insured by the Federal Deposit Insurance Corporation ("FDIC") or any other
government agency. Below are some of the risks of investing in the Fund.

Asset-Backed and Mortgage-Backed Securities Risk-asset-backed and
mortgage-backed securities investments involve risk of loss due to prepayments
that occur earlier or later than expected or due to default.

Credit and Counterparty Risk-the issuer of bonds or other debt securities may
not be able to meet interest or principal payments when the bonds become due.

Currency Risk-fluctuations in exchange rates may affect the total loss or gain
on a non-U.S. dollar investment when converted back to U.S. dollars.

Emerging Markets Risk-investments in emerging markets securities can be subject
to the general risks of foreign securities, as well as additional risks which
can result in greater price volatility.

Foreign Securities Risk-securities or other investments of foreign issuers
involve additional risks (such as risks arising from less frequent trading,
changes in political or social conditions, and less publicly available information
about non-U.S. issuers) that differ from those associated with investing in securities
of U.S. issuers and may result in greater price volatility.

High Yield Risk-below-investment grade debt securities and unrated securities of
similar credit quality (commonly known as "junk bonds" or "high yield
securities") may be subject to greater levels of interest rate, credit, and
liquidity risk.

Inflation Risk-the price of an asset, or the income generated by an asset, may
not keep up with the cost of living.

Interest Rate Risk-fixed-coupon payments (cash flows) of bonds and debt
securities may become less competitive with the market in periods of rising
interest rates and cause bond prices to decline.

Liquidity Risk-particular investments, such as illiquid securities, may not be
able to be sold at the price the Fund would like or the Fund may have to sell
them at a loss.

Market Risk-market prices of domestic and foreign securities held by the Fund
may fall rapidly or unpredictably due to a variety of factors, including
changing economic, political, or market conditions. Equity investments generally
have greater price volatility than fixed income investments.

Municipal Market Risk-factors unique to the municipal bond market may negatively
affect the value of municipal bonds.

Political Risk-changes in the political status of any country can have profound
effects on the value of investments exposed to that country.

Prepayment Risk-many bonds and debt securities have call provisions that may
result in debtors paying back the debt prior to maturity during periods of
decreasing interest rates.

Reinvestment Risk-investors may have difficulty reinvesting payments from
debtors and may receive lower rates than from their original investments.
PERFORMANCE
The following performance information illustrates the risks of investing in the
Fund by showing changes in the Fund's performance from year to year and by
showing how the Fund's performance compares to that of a broad based securities
market index. Current maximum sales charges (loads) are reflected in the annual
returns table. The performance information for the Fund's Investor Class shares
(formerly Class A shares of the Fund, which were renamed Investor Class shares
as of the date of this Prospectus) for periods prior to November 30, 2012 does
not reflect the impact of the front end and deferred sales charges (loads) that
were in effect until November 30, 2012. The performance information in the table
for the Fund's Class C shares for periods prior to May 1, 2005 does not reflect
the 1% sales load that was in effect until May 1, 2005. As always, past
performance of the Fund (before and after taxes) is not an indication of how the
Fund will perform in the future. To obtain updated performance information
please visit www.managersinvest.com or call 800.835.3879.
Calendar Year Total Returns as of 12/31/11 (Investor Class)
Bar Chart
Best Quarter: 11.11% (2nd Quarter 2009)

Worst Quarter: -8.58% (3rd Quarter 2008)

Year-to-Date (as of 9/30/12): 9.19%
Average Annual Total Returns as of 12/31/11
Average Annual Total Returns Managers AMG GW&K Fixed Income Fund
Label
1 Year
5 Years
10 Years
Investor Class
Investor Class Return Before Taxes 4.53% 6.00% 6.08%
Investor Class After Taxes on Distributions
Investor Class Return After Taxes on Distributions 2.72% 4.13% 4.17%
Investor Class After Taxes on Distributions and Sales
Investor Class Return After Taxes on Distributions and Sale of Fund Shares 3.34% 4.04% 4.08%
Class C
Class C Return Before Taxes 2.75% 5.20% 5.37%
Institutional Class
Institutional Class Return Before Taxes 4.79% 6.26% 6.43%
Barclays U.S. Aggregate Bond Index
Barclays U.S. Aggregate Bond Index (reflects no deduction for fees, expenses, or taxes) 7.84% 6.50% 5.78%
After-tax returns are calculated using the historical highest individual federal
marginal income tax rates and do not reflect the impact of state and local
taxes. Actual after-tax returns depend on an investor's tax situation and may
differ from those shown. After-tax returns are not relevant to investors who
hold their Fund shares through tax-deferred arrangements, such as 401(k) plans
or individual retirement accounts. After-tax returns are shown for Investor
Class shares only, and after-tax returns for other share classes will vary.
XML 19 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
ProspectusDate rr_ProspectusDate Dec. 01, 2012
Managers High Yield Fund (Prospectus Summary) | Managers High Yield Fund
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Managers High Yield Fund
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Managers High Yield Fund's (the "Fund" or "High Yield Fund") investment
objective is to achieve a high level of current income,
Objective, Secondary [Text Block] rr_ObjectiveSecondaryTextBlock with a secondary objective of capital appreciation.
Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES OF THE FUND
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The tables below describe the fees and expenses that you may pay if you buy and
hold shares of the Fund.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading PORTFOLIO TURNOVER
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate
may indicate higher transaction costs and may result in higher taxes when Fund
shares are held in a taxable account. These costs, which are not reflected in
Annual Fund Operating Expenses or in the Example, affect the Fund's performance.
During the most recent fiscal year, the Fund's portfolio turnover rate was 48%
of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 48.00%
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees The Total Annual Fund Operating Expenses and Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements may not correlate to the ratios of expenses to average net assets in the Financial Highlights section of the Fund's Prospectus. The ratios reflect only the operating expenses of the Fund and do not include fees and expenses of any acquired funds.
Expense Example [Heading] rr_ExpenseExampleHeading EXPENSE EXAMPLE
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example will help you compare the cost of investing in the Fund to the cost
of investing in other mutual funds. The Example makes certain assumptions. It
assumes that you invest $10,000 as an initial investment in the Fund for the
time periods indicated and then redeem all of your shares at the end of those
periods. It also assumes that your investment has a 5% total return each year
and the Fund's operating expenses remain the same. The Example reflects the
impact of the Fund's contractual expense limitation through May 1, 2014.
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Although your actual costs may be higher or lower, based on the above assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to achieve its investment objective of a high level of current
income, with a secondary objective of capital appreciation, by investing in a
portfolio of below investment grade bonds (those rated Ba1/BB+ or lower by
Moody's Investors Service, Inc. ("Moody's")/Standard & Poor's Corporation
("S&P")). Under normal circumstances, the Fund will invest at least 80% of its
net assets, plus the amount of any borrowings for investment purposes, in
below-investment-grade bonds.

The Fund may also invest in any of the following: corporate debt securities and
preferred stock; zero-coupon bonds and other deferred interest securities that
do not pay periodic interest; convertible securities; restricted securities;
cash or cash equivalents, such as certificates of deposit or money market funds;
money market instruments, such as bankers' acceptances, commercial paper and
repurchase agreements; securities issued or guaranteed by the U.S. government,
its agencies and instrumentalities, such as the Federal Home Loan Bank and the
Student Loan Marketing Association; common stocks; and stocks and bonds of
foreign issuers, including issuers in emerging markets. The Fund may invest up
to 15% of its total assets in derivatives such as options, futures contracts, or
swap agreements, including, but not limited to, credit default swaps.
Risk [Heading] rr_RiskHeading PRINCIPAL RISKS
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock There is the risk that you may lose money on your investment. All investments
carry a certain amount of risk and the Fund cannot guarantee that it will
achieve its investment objective. An investment in the Fund is not a deposit
or obligation of any bank, is not endorsed or guaranteed by any bank, and is
not insured by the Federal Deposit Insurance Corporation ("FDIC") or any other
government agency. Below are some of the risks of investing in the Fund.

Asset-Backed and Mortgage-Backed Securities Risk-asset-backed and
mortgage-backed securities investments involve risk of loss due to
prepayments that occur earlier or later than expected or due to default.

Credit and Counterparty Risk-the issuer of bonds or other debt securities or
a counterparty to a derivatives contract may not be able to meet interest,
principal or settlement payments or otherwise honor its obligations.

Currency Risk-fluctuations in exchange rates may affect the total loss or gain
on a non-U.S. dollar investment when converted back to U.S. dollars.

Derivatives Risk-the complexity and rapidly changing structure of derivatives
markets may increase the possibility of market losses.

Foreign Securities Risk-securities or other investments of foreign issuers
involve additional risks (such as risks arising from less frequent trading,
changes in political or social conditions, and less publicly available
information about non-U.S. issuers) that differ from those associated with
investing in securities of U.S. issuers and may result in greater price
volatility.

High Yield Risk-below-investment grade debt securities and unrated securities
of similar credit quality (commonly known as "junk bonds" or "high yield
securities") may be subject to greater levels of interest rate, credit, and
liquidity risk.

Inflation Risk-the price of an asset, or the income generated by an asset, may
not keep up with the cost of living.

Interest Rate Risk-fixed-coupon payments (cash flows) of bonds and debt
securities may become less competitive with the market in periods of rising
interest rates and cause bond prices to decline. Liquidity Risk-particular
investments, such as illiquid securities, may not be able to be sold at the
price the Fund would like or the Fund may have to sell them at a loss.

Market Risk-market prices of domestic and foreign securities held by the Fund
may fall rapidly or unpredictably due to a variety of factors, including
changing economic, political, or market conditions. Political Risk-changes in
the political status of any country can have profound effects on the value of
investments exposed to that country.

Prepayment Risk-many bonds and debt securities have call provisions that may
result in debtors paying back the debt prior to maturity during periods of
decreasing interest rates.

Reinvestment Risk-investors may have difficulty reinvesting payments from
debtors and may receive lower rates than from their original investments.

Restricted Securities Risk-it may be difficult to find a buyer for restricted
securities and the selling price may be less than originally anticipated.

U.S. Government Securities Risk-obligations issued by some U.S. Government
agencies, authorities, instrumentalities, or sponsored enterprises such as
Government National Mortgage Association ("GNMA"), are backed by the full faith
and credit of the U.S. Government, while obligations issued by others, such as
Federal National Mortgage Association ("FNMA"), Federal Home Loan Mortgage
Corporation ("FHLMC"), and Federal Home Loan Banks ("FHLBs") are not backed by
the full faith and credit of the U.S. Government and are backed solely by the
entity's own resources or by the ability of the entity to borrow from the U.S.
Treasury. If one of these agencies defaulted on a loan, there is no guarantee
that the U.S. Government will provide financial support.
Risk Lose Money [Text] rr_RiskLoseMoney There is the risk that you may lose money on your investment.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a deposit or obligation of any bank, is not endorsed or guaranteed by any bank, and is not insured by the Federal Deposit Insurance Corporation ("FDIC") or any other government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading PERFORMANCE
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The following performance information illustrates the risks of investing in the
Fund by showing changes in the Fund's performance from year to year and by
showing how the Fund's performance compares to that of a broad based securities
market index. The performance information for the Fund's Investor Class shares
(formerly Class A shares of the Fund, which were renamed Investor Class shares
as of the date of this Prospectus) for periods prior to November 30, 2012 does
not reflect the impact of the front end and deferred sales charges (loads) that
were in effect until November 30, 2012. As always, past performance of the Fund
(before and after taxes) is not an indication of how the Fund will perform in
the future. To obtain updated performance information please visit www.
managersinvest.com or call 800.835.3879.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following performance information illustrates the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's performance compares to that of a broad based securities market index.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800.835.3879
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www. managersinvest.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As always, past performance of the Fund (before and after taxes) is not an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns as of 12/31/11 (Investor Class)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The performance information for the Fund's Investor Class shares (formerly Class A shares of the Fund, which were renamed Investor Class shares as of the date of this Prospectus) for periods prior to November 30, 2012 does not reflect the impact of the front end and deferred sales charges (loads) that were in effect until November 30, 2012.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock Best Quarter: 24.77% (2nd Quarter 2009)

Worst Quarter: -21.62% (4th Quarter 2008)
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes reflects no deduction for fees, expenses, or taxes
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for Investor Class shares only, and after-tax returns for Institutional Class shares will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock After-tax returns are calculated using the historical highest individual federal
marginal income tax rates and do not reflect the impact of state and local
taxes. Actual after-tax returns depend on an investor's tax situation and may
differ from those shown. After-tax returns are not relevant to investors who
hold their Fund shares through tax-deferred arrangements, such as 401(k) plans
or individual retirement accounts. After-tax returns are shown for Investor
Class shares only, and after-tax returns for Institutional Class shares will
vary.
Caption rr_AverageAnnualReturnCaption Average Annual Total Returns as of 12/31/11
Managers High Yield Fund (Prospectus Summary) | Managers High Yield Fund | Barclays U.S. Corporate High Yield Index
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Barclays U.S. Corporate High Yield Index (reflects no deduction for fees, expenses, or taxes)
1 Year rr_AverageAnnualReturnYear01 4.98%
5 Years rr_AverageAnnualReturnYear05 7.54%
10 Years rr_AverageAnnualReturnYear10 8.85%
Managers High Yield Fund (Prospectus Summary) | Managers High Yield Fund | Investor Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Redemption/Exchange Fee (as a percentage of the amount redeemed, if applicable, within 90 days of purchase) rr_RedemptionFeeOverRedemption (2.00%)
Management Fee rr_ManagementFeesOverAssets 0.70%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.74%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.70% [1]
Fee Waiver and Expense Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.54%) [2]
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements rr_NetExpensesOverAssets 1.16% [1]
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-05-01
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 118
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 483
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 872
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,964
Annual Return 2002 rr_AnnualReturn2002 1.85%
Annual Return 2003 rr_AnnualReturn2003 29.73%
Annual Return 2004 rr_AnnualReturn2004 10.63%
Annual Return 2005 rr_AnnualReturn2005 2.37%
Annual Return 2006 rr_AnnualReturn2006 11.07%
Annual Return 2007 rr_AnnualReturn2007 2.25%
Annual Return 2008 rr_AnnualReturn2008 (29.76%)
Annual Return 2009 rr_AnnualReturn2009 53.38%
Annual Return 2010 rr_AnnualReturn2010 14.20%
Annual Return 2011 rr_AnnualReturn2011 4.54%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 24.77%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (21.62%)
Label rr_AverageAnnualReturnLabel Investor Class Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 4.54%
5 Years rr_AverageAnnualReturnYear05 5.63%
10 Years rr_AverageAnnualReturnYear10 8.13%
Managers High Yield Fund (Prospectus Summary) | Managers High Yield Fund | Investor Class | After Taxes on Distributions
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Investor Class Return After Taxes on Distributions
1 Year rr_AverageAnnualReturnYear01 1.86%
5 Years rr_AverageAnnualReturnYear05 2.63%
10 Years rr_AverageAnnualReturnYear10 5.06%
Managers High Yield Fund (Prospectus Summary) | Managers High Yield Fund | Investor Class | After Taxes on Distributions and Sales
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Investor Class Return After Taxes on Distributions and Sale of Fund Shares
1 Year rr_AverageAnnualReturnYear01 2.93%
5 Years rr_AverageAnnualReturnYear05 2.96%
10 Years rr_AverageAnnualReturnYear10 5.10%
Managers High Yield Fund (Prospectus Summary) | Managers High Yield Fund | Institutional Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Redemption/Exchange Fee (as a percentage of the amount redeemed, if applicable, within 90 days of purchase) rr_RedemptionFeeOverRedemption (2.00%)
Management Fee rr_ManagementFeesOverAssets 0.70%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.74%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.45% [1]
Fee Waiver and Expense Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.54%) [2]
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements rr_NetExpensesOverAssets 0.91% [1]
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-05-01
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 93
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 406
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 741
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,689
Label rr_AverageAnnualReturnLabel Institutional Class Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 4.83%
5 Years rr_AverageAnnualReturnYear05 5.95%
10 Years rr_AverageAnnualReturnYear10 8.54%
[1] The Total Annual Fund Operating Expenses and Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements may not correlate to the ratios of expenses to average net assets in the Financial Highlights section of the Fund's Prospectus. The ratios reflect only the operating expenses of the Fund and do not include fees and expenses of any acquired funds.
[2] Managers Investment Group LLC (the "Investment Manager") has contractually agreed, through at least May 1, 2014, to waive management fees and/or reimburse Fund expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements (exclusive of taxes, interest (including interest incurred in connection with bank and custody overdrafts), distribution and service (12b-1) fees, brokerage commissions and other transaction costs, acquired fund fees and expenses, and extraordinary expenses) to 0.90% of the Fund's average daily net assets, subject to later reimbursement by the Fund in certain circumstances. In general, for a period of up to 36 months from the time of any waiver, reimbursement, or payment pursuant to the Fund's contractual expense limitation, the Investment Manager may recover from the Fund fees waived and expenses paid to the extent that such repayment would not cause the Fund's Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements to exceed the contractual expense limitation amount. The contractual expense limitation may only be terminated upon termination of the Fund's investment advisory agreement with the Investment Manager or by mutual agreement between the Investment Manager and the Fund's Board of Trustees.
XML 20 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
ProspectusDate rr_ProspectusDate Dec. 01, 2012
Managers AMG GW&K Fixed Income Fund (Prospectus Summary) | Managers AMG GW&K Fixed Income Fund
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading Managers AMG GW&K Fixed Income Fund (formerly Managers Fixed Income Fund)
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Managers AMG GW&K Fixed Income Fund's (the "Fund" or "Fixed Income Fund")
investment objective is to achieve the highest level of income as is consistent
with the preservation of capital.
Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES OF THE FUND
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The tables below describe the fees and expenses that you may pay if you buy and
hold shares of the Fund.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading PORTFOLIO TURNOVER
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate may
indicate higher transaction costs and may result in higher taxes when Fund
shares are held in a taxable account. These costs, which are not reflected in
Annual Fund Operating Expenses or in the Example, affect the Fund's performance.
During the most recent fiscal year, the Fund's portfolio turnover rate was 28%
of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 28.00%
Expense Example [Heading] rr_ExpenseExampleHeading EXPENSE EXAMPLE
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This Example will help you compare the cost of investing in the Fund to the cost
of investing in other mutual funds. The Example makes certain assumptions. It
assumes that you invest $10,000 as an initial investment in the Fund for the
time periods indicated and then redeem all of your shares at the end of those
periods. It also assumes that your investment has a 5% total return each year
and the Fund's operating expenses remain the same. The Example reflects the
impact of the Fund's contractual expense limitation through May 1, 2014.
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Although your actual costs may be higher or lower, based on the above assumptions, your costs would be:
Strategy [Heading] rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The Fund seeks to achieve its objective by investing in a diversified portfolio
of fixed income securities.

Under normal circumstances, the Fund will invest at least 80% of its net assets,
plus the amount of any borrowings for investment purposes, in debt securities of
U.S. and foreign issuers.

The Fund may invest in debt securities issued by any of the following: public
and private U.S. companies; foreign companies; the U.S. government and its
agencies, such as the Federal Home Loan Bank; state and local governments
issuing taxable municipal securities; and foreign governments, their agencies
and instrumentalities, including issuers in emerging markets. The Fund may also
invest in asset-backed debt securities. With respect to the portion of the Fund
invested in debt securities, up to 20% of the Fund's assets may be invested in
below-investment-grade securities (those rated Ba1/BB+ or lower by Moody's
Investors Service, Inc. ("Moody's")/Standard & Poor's Corporation ("S&P")).

While the Fund may purchase debt securities of any duration, the Fund will
primarily invest in debt securities so that the overall duration of the Fund's
portfolio will remain +/- 20% of the duration of its benchmark, the Barclays
U.S. Aggregate Bond Index. As of October 31, 2012, the duration of the benchmark
was 5.02 years. The average duration of debt securities in the Fund's portfolio
may, however, be shorter or longer depending on market conditions.

The Fund may invest up to 20% of its net assets in equity securities of any
capitalization range, including foreign and domestic common and preferred
stocks, as well as warrants and other equity instruments.
Risk [Heading] rr_RiskHeading PRINCIPAL RISKS
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock There is the risk that you may lose money on your investment. All investments
carry a certain amount of risk and the Fund cannot guarantee that it will
achieve its investment objective. An investment in the Fund is not a deposit or
obligation of any bank, is not endorsed or guaranteed by any bank, and is not
insured by the Federal Deposit Insurance Corporation ("FDIC") or any other
government agency. Below are some of the risks of investing in the Fund.

Asset-Backed and Mortgage-Backed Securities Risk-asset-backed and
mortgage-backed securities investments involve risk of loss due to prepayments
that occur earlier or later than expected or due to default.

Credit and Counterparty Risk-the issuer of bonds or other debt securities may
not be able to meet interest or principal payments when the bonds become due.

Currency Risk-fluctuations in exchange rates may affect the total loss or gain
on a non-U.S. dollar investment when converted back to U.S. dollars.

Emerging Markets Risk-investments in emerging markets securities can be subject
to the general risks of foreign securities, as well as additional risks which
can result in greater price volatility.

Foreign Securities Risk-securities or other investments of foreign issuers
involve additional risks (such as risks arising from less frequent trading,
changes in political or social conditions, and less publicly available information
about non-U.S. issuers) that differ from those associated with investing in securities
of U.S. issuers and may result in greater price volatility.

High Yield Risk-below-investment grade debt securities and unrated securities of
similar credit quality (commonly known as "junk bonds" or "high yield
securities") may be subject to greater levels of interest rate, credit, and
liquidity risk.

Inflation Risk-the price of an asset, or the income generated by an asset, may
not keep up with the cost of living.

Interest Rate Risk-fixed-coupon payments (cash flows) of bonds and debt
securities may become less competitive with the market in periods of rising
interest rates and cause bond prices to decline.

Liquidity Risk-particular investments, such as illiquid securities, may not be
able to be sold at the price the Fund would like or the Fund may have to sell
them at a loss.

Market Risk-market prices of domestic and foreign securities held by the Fund
may fall rapidly or unpredictably due to a variety of factors, including
changing economic, political, or market conditions. Equity investments generally
have greater price volatility than fixed income investments.

Municipal Market Risk-factors unique to the municipal bond market may negatively
affect the value of municipal bonds.

Political Risk-changes in the political status of any country can have profound
effects on the value of investments exposed to that country.

Prepayment Risk-many bonds and debt securities have call provisions that may
result in debtors paying back the debt prior to maturity during periods of
decreasing interest rates.

Reinvestment Risk-investors may have difficulty reinvesting payments from
debtors and may receive lower rates than from their original investments.
Risk Lose Money [Text] rr_RiskLoseMoney There is the risk that you may lose money on your investment.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a deposit or obligation of any bank, is not endorsed or guaranteed by any bank, and is not insured by the Federal Deposit Insurance Corporation ("FDIC") or any other government agency.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading PERFORMANCE
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The following performance information illustrates the risks of investing in the
Fund by showing changes in the Fund's performance from year to year and by
showing how the Fund's performance compares to that of a broad based securities
market index. Current maximum sales charges (loads) are reflected in the annual
returns table. The performance information for the Fund's Investor Class shares
(formerly Class A shares of the Fund, which were renamed Investor Class shares
as of the date of this Prospectus) for periods prior to November 30, 2012 does
not reflect the impact of the front end and deferred sales charges (loads) that
were in effect until November 30, 2012. The performance information in the table
for the Fund's Class C shares for periods prior to May 1, 2005 does not reflect
the 1% sales load that was in effect until May 1, 2005. As always, past
performance of the Fund (before and after taxes) is not an indication of how the
Fund will perform in the future. To obtain updated performance information
please visit www.managersinvest.com or call 800.835.3879.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following performance information illustrates the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's performance compares to that of a broad based securities market index.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800.835.3879
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.managersinvest.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture As always, past performance of the Fund (before and after taxes) is not an indication of how the Fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Calendar Year Total Returns as of 12/31/11 (Investor Class)
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The performance information for the Fund's Investor Class shares (formerly Class A shares of the Fund, which were renamed Investor Class shares as of the date of this Prospectus) for periods prior to November 30, 2012 does not reflect the impact of the front end and deferred sales charges (loads) that were in effect until November 30, 2012.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock Best Quarter: 11.11% (2nd Quarter 2009)

Worst Quarter: -8.58% (3rd Quarter 2008)

Year-to-Date (as of 9/30/12): 9.19%
Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes reflects no deduction for fees, expenses, or taxes
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for Investor Class shares only, and after-tax returns for other share classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock After-tax returns are calculated using the historical highest individual federal
marginal income tax rates and do not reflect the impact of state and local
taxes. Actual after-tax returns depend on an investor's tax situation and may
differ from those shown. After-tax returns are not relevant to investors who
hold their Fund shares through tax-deferred arrangements, such as 401(k) plans
or individual retirement accounts. After-tax returns are shown for Investor
Class shares only, and after-tax returns for other share classes will vary.
Caption rr_AverageAnnualReturnCaption Average Annual Total Returns as of 12/31/11
Managers AMG GW&K Fixed Income Fund (Prospectus Summary) | Managers AMG GW&K Fixed Income Fund | Barclays U.S. Aggregate Bond Index
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Barclays U.S. Aggregate Bond Index (reflects no deduction for fees, expenses, or taxes)
1 Year rr_AverageAnnualReturnYear01 7.84%
5 Years rr_AverageAnnualReturnYear05 6.50%
10 Years rr_AverageAnnualReturnYear10 5.78%
Managers AMG GW&K Fixed Income Fund (Prospectus Summary) | Managers AMG GW&K Fixed Income Fund | Investor Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Management Fee rr_ManagementFeesOverAssets 0.45%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.35%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.06% [1]
Fee Waiver and Expense Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.21%)
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements rr_NetExpensesOverAssets 0.85% [1]
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-05-01
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 87
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 307
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 555
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,267
Annual Return 2002 rr_AnnualReturn2002 5.11%
Annual Return 2003 rr_AnnualReturn2003 10.67%
Annual Return 2004 rr_AnnualReturn2004 5.44%
Annual Return 2005 rr_AnnualReturn2005 2.68%
Annual Return 2006 rr_AnnualReturn2006 7.10%
Annual Return 2007 rr_AnnualReturn2007 5.53%
Annual Return 2008 rr_AnnualReturn2008 (10.45%)
Annual Return 2009 rr_AnnualReturn2009 23.14%
Annual Return 2010 rr_AnnualReturn2010 10.04%
Annual Return 2011 rr_AnnualReturn2011 4.53%
Year to Date Return, Label rr_YearToDateReturnLabel Year-to-Date (as of 9/30/12):
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 9.19%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 11.11%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (8.58%)
Label rr_AverageAnnualReturnLabel Investor Class Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 4.53%
5 Years rr_AverageAnnualReturnYear05 6.00%
10 Years rr_AverageAnnualReturnYear10 6.08%
Managers AMG GW&K Fixed Income Fund (Prospectus Summary) | Managers AMG GW&K Fixed Income Fund | Investor Class | After Taxes on Distributions
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Investor Class Return After Taxes on Distributions
1 Year rr_AverageAnnualReturnYear01 2.72%
5 Years rr_AverageAnnualReturnYear05 4.13%
10 Years rr_AverageAnnualReturnYear10 4.17%
Managers AMG GW&K Fixed Income Fund (Prospectus Summary) | Managers AMG GW&K Fixed Income Fund | Investor Class | After Taxes on Distributions and Sales
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Investor Class Return After Taxes on Distributions and Sale of Fund Shares
1 Year rr_AverageAnnualReturnYear01 3.34%
5 Years rr_AverageAnnualReturnYear05 4.04%
10 Years rr_AverageAnnualReturnYear10 4.08%
Managers AMG GW&K Fixed Income Fund (Prospectus Summary) | Managers AMG GW&K Fixed Income Fund | Service Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Management Fee rr_ManagementFeesOverAssets 0.45%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.45% [2]
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.91% [1]
Fee Waiver and Expense Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.21%)
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements rr_NetExpensesOverAssets 0.70% [1]
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-05-01
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 72
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 260
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 474
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,092
Managers AMG GW&K Fixed Income Fund (Prospectus Summary) | Managers AMG GW&K Fixed Income Fund | Class C
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of the offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of the lesser of the offering price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
Management Fee rr_ManagementFeesOverAssets 0.45%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.35%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.81% [1]
Fee Waiver and Expense Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.21%)
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements rr_NetExpensesOverAssets 1.60% [1]
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-05-01
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 163
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 540
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 952
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,102
Label rr_AverageAnnualReturnLabel Class C Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 2.75%
5 Years rr_AverageAnnualReturnYear05 5.20%
10 Years rr_AverageAnnualReturnYear10 5.37%
Managers AMG GW&K Fixed Income Fund (Prospectus Summary) | Managers AMG GW&K Fixed Income Fund | Institutional Class
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Management Fee rr_ManagementFeesOverAssets 0.45%
Distribution and Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.35%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.81% [1]
Fee Waiver and Expense Reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.21%)
Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements rr_NetExpensesOverAssets 0.60% [1]
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2014-05-01
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 61
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 228
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 420
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 974
Label rr_AverageAnnualReturnLabel Institutional Class Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 4.79%
5 Years rr_AverageAnnualReturnYear05 6.26%
10 Years rr_AverageAnnualReturnYear10 6.43%
[1] Managers Investment Group LLC (the "Investment Manager") has contractually agreed, through at least May 1, 2014, to waive management fees and/or reimburse Fund expenses in order to limit Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements (exclusive of taxes, shareholder servicing fees, interest (including interest incurred in connection with bank and custody overdrafts), distribution and service (12b-1) fees, brokerage commissions and other transaction costs, acquired fund fees and expenses, and extraordinary expenses) to 0.59% of the Fund's average daily net assets subject to later reimbursement by the Fund in certain circumstances. In general, for a period of up to 36 months from the time of any waiver, reimbursement, or payment pursuant to the Fund's contractual expense limitation, the Investment Manager may recover from the Fund fees waived and expenses paid to the extent that such repayment would not cause the Fund's Total Annual Fund Operating Expenses After Fee Waiver and Expense Reimbursements to exceed the contractual expense limitation amount. Under such arrangement, if the maximum amount of shareholder servicing fees and distribution and service (12b-1) fees were charged to the classes under the current applicable plans, the total annual fund operating expenses (excluding the other items noted in the parenthetical above) of the Investor Class, Service Class, Class C, and Institutional Class would be 0.84%, 0.69%, 1.59%, and 0.59%, respectively, of the average daily net assets of such classes. The contractual expense limitation may only be terminated upon termination of the Fund's investment advisory agreement with the Investment Manager or by mutual agreement between the Investment Manager and the Fund's Board of Trustees.
[2] Because Service Class shares will have commenced operations on or following the date of this Prospectus, these amounts are based on estimates for the current fiscal year.
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