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AAIAX American Beacon Intl Equity AMR

  • Fund
  • AAIAX
  • Price as of: Jun 04, 1996
  • $14.68
  • - $0.01
  • - 0.07%
  • Category
  • Foreign Large Cap Blend Equities

AAIAX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $2.36 B
  • Holdings in Top 10 17.1%

52 WEEK LOW AND HIGH

$14.68
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.41%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 33.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

Closed to new investors as of 2015-09-22

STANDARD (TAXABLE)

$0

IRA

$0

Investment Themes

CATEGORY

Foreign Large Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Foreign Large Value

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.22%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name American Beacon International Equity Fund
  • Fund Family Name American Beacon
  • Inception Date Aug 01, 1994
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Jonathan P. Eng

Fund Description

The fund normally invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in common stocks and securities convertible into common stocks (collectively, "stocks") of issuers based in at least three different countries located outside the United States. It primarily invests in countries comprising the Morgan Stanley Capital International Europe Australasia and Far East Index ("MSCI EAFE Index"). The MSCI EAFE Index is comprised of equity securities of companies from various industrial sectors whose primary trading markets are located outside the United States.

AAIAX - Performance

Return Ranking - Trailing

Period AAIAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -52.3% 22.9% 71.02% 4
1 Yr 13.7% -25.1% 35.6% 73.83% 4
3 Yr N/A * -6.1% 13.6% N/A N/A
5 Yr N/A * -10.0% 10.6% N/A N/A
10 Yr N/A * -5.5% 8.3% N/A N/A

* Annualized


Return Ranking - Calendar

Period AAIAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.0% -9.2% 37.4% 82.17% 5
2016 0.0% -16.1% 238.9% 22.04% 2
2015 0.0% -27.8% 21.2% 20.00% 2
2014 0.0% -27.8% 24.9% 10.19% 1
2013 0.0% -100.0% 36.9% 90.21% 5

Total Return Ranking - Trailing

Period AAIAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -52.3% 22.9% 71.02% 4
1 Yr N/A -17.4% 98.5% N/A N/A
3 Yr N/A * -7.3% 24.3% N/A N/A
5 Yr N/A * -10.0% 10.6% N/A N/A
10 Yr N/A * -5.5% 8.3% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period AAIAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.0% -8.9% 37.4% 82.47% 5
2016 0.0% -16.1% 238.9% 27.51% 2
2015 0.0% -26.7% 25.7% 29.69% 2
2014 0.0% -16.2% 27.3% 14.89% 1
2013 0.0% -100.0% 43.5% 95.45% 5

NAV & Total Return History

AAIAX - Holdings

Filings data as of: Feb 29, 2016

Concentration Analysis

AAIAX Category Low Category High AAIAX % Rank Quintile
Net Assets 2.36 B 988 K 339 B 9.22% 2
Number of Holdings 186 1 8980 14.04% 2
Net Assets in Top 10 406 M 515 K 33 B 11.06% 2
Weighting of Top 10 17.1% 3.6% 359.5% 20.00% 4

Top 10 Holdings

  1. Novartis AG 2.23%
  2. Bayer AG 1.67%
  3. Lloyds Banking Group PLC 1.84%
  4. KDDI Corp 1.74%
  5. British American Tobacco PLC 1.96%
  6. Akzo Nobel NV 1.34%
  7. Total SA 1.60%
  8. Teva Pharmaceutical Industries Ltd ADR 1.36%
  9. Topix Indx Futr Mar16 Xose 20160310 1.80%
  10. Ftse 100 Idx Fut Mar16 Ifll 20160318 1.53%

Asset Allocation

Weighting Category Low Category High AAIAX % Rank Quintile
Stocks
91.63% 0.47% 114.84% 27.94% 5
Cash
7.81% -161.71% 21.79% 2.55% 1
Other
0.35% -1.88% 105.35% 15.18% 3
Bonds
0.21% 0.00% 155.88% 4.54% 1
Preferred Stocks
0.00% 0.00% 3.38% 5.82% 5
Convertible Bonds
0.00% 0.00% 0.89% 1.99% 5

Stock Sector Breakdown

Weighting Category Low Category High AAIAX % Rank Quintile
Financial Services
19.16% 0.00% 36.51% 18.72% 3
Healthcare
10.43% 0.00% 24.99% 8.79% 2
Consumer Cyclical
10.00% 0.02% 36.45% 23.26% 4
Consumer Defense
8.48% 0.00% 34.21% 21.42% 4
Communication Services
7.73% 0.00% 24.70% 2.98% 1
Energy
7.15% 0.00% 16.13% 4.26% 1
Industrials
7.04% 0.00% 28.12% 28.37% 5
Basic Materials
5.61% 0.00% 24.47% 23.26% 5
Technology
5.09% 0.00% 28.76% 28.51% 5
Utilities
1.87% 0.00% 15.86% 13.90% 3
Real Estate
1.52% 0.00% 7.96% 18.16% 4

Stock Geographic Breakdown

Weighting Category Low Category High AAIAX % Rank Quintile
Non US
89.29% 0.00% 120.29% 24.54% 4
US
2.34% -24.54% 100.79% 16.03% 3

Bond Sector Breakdown

Weighting Category Low Category High AAIAX % Rank Quintile
Cash & Equivalents
7.81% -47.36% 21.79% 2.55% 1
Government
0.21% -26.76% 106.20% 2.84% 1
Derivative
0.00% -73.71% 2.14% 3.12% 5
Securitized
0.00% -18.55% 48.83% 1.70% 5
Corporate
0.00% 0.00% 23.17% 8.51% 5
Municipal
0.00% 0.00% 0.58% 1.28% 5

Bond Geographic Breakdown

Weighting Category Low Category High AAIAX % Rank Quintile
US
0.21% 0.00% 139.32% 4.26% 1
Non US
0.00% -117.56% 48.18% 2.13% 5

AAIAX - Expenses

Operational Fees

AAIAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.41% 0.00% 9.78% 34.75% 1
Management Fee 0.32% 0.00% 1.34% 8.37% 1
12b-1 Fee 0.00% 0.00% 1.00% 5.00% 1
Administrative Fee 0.05% 0.01% 0.50% 6.12% 2

Sales Fees

AAIAX Fees (% of AUM) Category Low Category High AAIAX Rank Quintile
Front Load N/A 0.10% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

AAIAX Fees (% of AUM) Category Low Category High AAIAX Rank Quintile
Max Redemption Fee 2.00% 0.10% 2.00% 0.56% 5

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AAIAX Fees (% of AUM) Category Low Category High AAIAX Rank Quintile
Turnover 33.00% 2.00% 733.00% 13.05% 2

AAIAX - Distributions

Dividend Yield Analysis

AAIAX Category Low Category High AAIAX % Rank Quintile
Dividend Yield 0.4% 0.00% 2.40% 20.49% 2

Dividend Distribution Analysis

AAIAX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

AAIAX Category Low Category High AAIAX % Rank Quintile
Net Income Ratio 2.22% -0.92% 5.71% 9.36% 1

Capital Gain Distribution Analysis

AAIAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

AAIAX - Managers

Jonathan P. Eng

Manager

Start Date

Jan 31, 2006

Tenure

10.17

Tenure Rank

4.0%

Jonathan P. Eng is a Director of Causeway and is responsible for research in the global consumer discretionary and industrials sectors. Mr. Eng joined the firm as a Research Associate in July 2001 and became a Portfolio Manager and Director in 2002. Prior to joining the firm, from 1997 to 2001, Mr. Eng was an equity research associate for the Hotchkis and Wiley division of MLIM, spending the last nine months in the London office of MLIM. Mr. Eng has been in the investment community since 1992. Mr. Eng earned his bachelor's degree in History and Economics from Brandeis University and his MBA from the Anderson Graduate School of Management at UCLA.


Kirk L. Brown

Manager

Start Date

Feb 28, 1994

Tenure

22.1

Tenure Rank

0.3%

Kirk Brown serves as Senior Portfolio Manager, Asset Management for American Beacon Advisors, Inc. and is responsible for monitoring the investment advisors to several American Beacon Funds as well as investments in alternative products (including private equity). He is also responsible for monitoring the international, high yield bond, emerging markets and currency overlay investment advisors to AMR Corporation’s pension plans. Prior to joining American Beacon in 1994, Mr. Brown served in operational and business planning roles for American Airlines, Inc. Mr. Brown received his BA from the State University of New York at Brockport in 1986 and an MBA from Vanderbilt University’s Owen Graduate School of Management in 1988. He is a CFA charterholder.


Michael G. Fry

Manager

Start Date

Nov 30, 2005

Tenure

10.34

Tenure Rank

3.9%

Michael G. Fry Managing Director, Portfolio Manager/Analyst Lazard Asset Management Limited (London) Michael G. Fry is a Portfolio Manager/Analyst on various global and international equity teams. He began working in the investment field in 1981. Prior to joining Lazard in 2005, Michael was Head of Global Equity Portfolio Management, Global Head of Equity Research and Head of Australian Equities with UBS Global Asset Management, and was also previously with Armstrong Jones Fund Management, Schroder Investment Management, and Price Waterhouse in Australia.


Cynthia L. Sweeting

Manager

Start Date

Jun 21, 2012

Tenure

3.78

Tenure Rank

9.6%

Cindy L. Sweeting, CFA President, Templeton Investment Counsel, LLC Director of Portfolio Management Templeton Global Equity Group Fort Lauderdale, Florida, United States Cindy Sweeting is the president of Templeton Investment Counsel, LLC and the director of portfolio management for the Templeton Global Equity Group (TGEG). Ms. Sweeting has lead portfolio manager responsibility for the TIF-Foreign Equity Series and portfolio management responsibility for a number of other institutional commingled funds and separate account relationships. She also oversees the institutional segment


Kevin J. Matthews

Manager

Start Date

May 31, 2013

Tenure

2.84

Tenure Rank

11.1%

Kevin Matthews, CFA is a Portfolio Manager/Analyst on the International Equity and International Equity Select teams. Prior to joining the investment teams, he was a Research Analyst with a background in financials, automotive, aerospace, and capital goods sectors. He began working in the investment field in 2001 when he joined Lazard. Kevin has a BA in Politics and Philosophy from St. Chad's College, Durham University.


Conor S. Muldoon

Manager

Start Date

Dec 31, 2010

Tenure

5.25

Tenure Rank

7.8%

Conor Muldoon is a Director of Causeway and is responsible for research in the global utilities, financials, and material sectors. Mr. Muldoon joined the firm in June 2003.


John R. Reinsberg

Manager

Start Date

Mar 31, 1999

Tenure

17.01

Tenure Rank

0.9%

John Reinsberg is Deputy Chairman of Lazard Asset Management responsible for oversight of the firm's international and global strategies. He is also a Portfolio Manager/Analyst on the Global Equity and International Equity portfolio teams. He began working in the investment field in 1981. Prior to joining Lazard in 1992, John was Executive Vice President with General Electric Investment Corporation and Trustee of the General Electric Pension Trust.


Antonio T. Docal

Manager

Start Date

Jun 21, 2012

Tenure

3.78

Tenure Rank

9.6%

Antonio T. Docal, Executive Vice President, joined the Templeton organization in 2001. With more than 25 years of investment experience, Mr. Docal has research responsibility for the global chemical and automobile industries. Prior to joining Templeton, Mr. Docal was vice president and director at Evergreen Funds in Boston, managing the Evergreen Latin America Fund and co-managing the Evergreen Emerging Market Fund and the Evergreen Global Opportunities Fund. Before this position, he was principal and co-founder of Docal Associates, Inc., an import/export and marketing consulting firm in Connecticut. Prior to that, he was an assistant treasurer in the mergers and acquisitions department at JPMorgan in New York City. Mr. Docal earned a B.A. in economics from Trinity College in Connecticut and an M.B.A. with concentrations in finance and international management from the Sloan School of Management at the Massachusetts Institute of Technology. Mr. Docal is a Chartered Financial Analyst (CFA) Charterholder.


Michael A. Bennett

Manager

Start Date

May 31, 2003

Tenure

12.84

Tenure Rank

2.2%

Michael A. Bennett Managing Director, Portfolio Manager/Analyst Lazard Asset Management LLC (New York) Michael Bennett is a Managing Director of Lazard Asset Management and a Portfolio Manager/Analyst on various international and global equity teams. He also coordinates the activities of Lazard Asset Management's Investment Council. Michael began working in the investment field in 1986. Prior to joining Lazard in 1992, Michael was with G.E. Investment Corporation, Keith Lippert Associates and became a CPA while at Arthur Andersen.


Michael Powers

Manager

Start Date

May 31, 2003

Tenure

12.84

Tenure Rank

2.2%

Michael Powers is a Portfolio Manager/Analyst on various international equity teams. He began working in the investment field in 1990 when he joined Lazard. Michael has an MBA from Long Island University and a BA from Brown University.


Harry W. Hartford

Manager

Start Date

Aug 31, 2001

Tenure

14.59

Tenure Rank

1.6%

Harry Hartford is the President of Causeway Capital Management and serves as a portfolio manager responsible for the co-management of the portion of Nations International Equity Fund, managed by Causeway Capital Management. Mr. Hartford has served as portfolio manager and President since 2001. He is responsible for investment research in global basic materials and banks. From 1996 to 2001, Mr. Hartford was a Managing Director for the Hotchkis and Wiley division of MLIM, and co-head of the International and Global Value Team. Mr. Hartford has been in the investment community since 1984. Mr. Hartford earned his bachelor's degree in Economics, with honors, from the University of Dublin Trinity College, and his MS in Economics from Oklahoma State University, and is a Phi Kappa Phi member.


Sarah H. Ketterer

Manager

Start Date

Aug 31, 2001

Tenure

14.59

Tenure Rank

1.6%

Sarah Ketterer has been portfolio manager with Causeway Capital Management since 2001, and serves as the Chief Executive Officer for the firm. Ms. Ketterer also serves as a portfolio manager responsible for the co-management of the portion of Nations International Equity Fund, managed by Causeway Capital Management. She is responsible for investment research in global insurance and health care. From 1996 to 2001, Ms. Ketterer worked for the Hotchkis and Wiley division of MLIM. At MLIM, she was a Managing Director and co-head of the firm's HW International and Global Value Equity team. Ms. Ketterer and the HW international team were responsible for approximately $3.4 billion in international and global assets under management including the $1.1 billion Mercury HW International Value Fund. Ms. Ketterer has been in the investment community since 1986. Ms. Ketterer earned her bachelor's degree in Economics and Political Science from Stanford University and her MBA from the Amos Tuck School, Dartmouth College.


James A. Doyle

Manager

Start Date

Jan 31, 2006

Tenure

10.17

Tenure Rank

4.0%

James Doyle is a Director of Causeway Capital Management and serves as a portfolio manager responsible for the co-management of the portion of Nations International Equity Fund, managed by Causeway Capital Management. He is responsible for investment research in global technology and autos/parts. Mr. Doyle has been with Causeway Management since 2001. Prior to joining the firm, Mr. Doyle worked for the Hotchkis and Wiley division of Merrill Lynch Investment Managers (MLIM) from 1997 to 2001. While employed at MLIM, he was a Vice President and head of investment research for the HW International and Global Value team. Mr. Doyle has been in the investment community since 1993. Mr. Doyle has a BA in Economics from Northwestern University and an MBA in Finance from the Wharton School, University of Pennsylvania.


Gene L. Needles

Manager

Start Date

Feb 29, 2012

Tenure

4.09

Tenure Rank

9.1%

Mr. Needles has served as President and Chief Executive Officer of American Beacon Advisors, Inc. since April 2009 and has served on the portfolio management team since May 2011. Prior to joining the firm, Mr. Needles was President of Touchstone Investments from 2008 to 2009, President of AIM Distributors from 2003 to 2007 and CEO of AIM Distributors from 2004 to 2007.


Foster Corwith

Manager

Start Date

Feb 27, 2015

Tenure

1.09

Tenure Rank

13.4%

Foster Corwith is a director of the Investment Adviser and is responsible for research in the global industrials and consumer sectors. He joined the firm in July 2006. During the summer of 2005, Mr. Corwith was a research associate at Deutsche Asset Management, where he was responsible for researching consumer staples companies. From 2003 to 2004, Mr. Corwith was a project manager in the Corporate Services group of The Bank of New York, where he oversaw the integration of trading platforms for broker-dealer clients acquired during the firm’s merger with Mellon Financial. From 2001-2003, he was an analyst in Credit Suisse First Boston’s prime brokerage unit, where he worked as a liaison between the group’s security lending, technology, and account management groups. From 2000-2001, he was a management trainee at Donaldson Lufkin & Jenrette, working with the equity research team. Mr. Corwith has an MBA from the University of Chicago, a BA, cum laude, from Tufts University, and is a CFA charterholder.


Alessandro Valentini

Manager

Start Date

Feb 27, 2015

Tenure

1.09

Tenure Rank

13.4%

Alessandro Valentini is a director of Causeway Capital Management LLC and is responsible for research in the global health care and financials sectors. He joined the firm in July 2006. During the summer of 2005, Mr. Valentini worked as a research analyst at Thornburg Investment Management, where he conducted fundamental research focusing on the European telecommunication and Canadian oil sectors. From 2000 to 2004, he worked as a financial analyst at Goldman Sachs in the European Equities Research-Sales division in New York. Mr. Valentini has an MBA from Columbia Business School, with honors, an MA in Economics from Georgetown University and a BS, magna cum laude, from Georgetown University. He was inducted into the Beta Gamma Sigma honors society, is a Phi Beta Kappa member, and is a CFA charterholder.


Ellen Lee

Manager

Start Date

Feb 27, 2015

Tenure

1.09

Tenure Rank

13.4%

Ellen Lee is a director of Causeway Capital Management LLC and is responsible for research in the global utilities, energy, industrials, and consumer discretionary sectors. She joined the firm in August 2007. During the summer of 2006, Ms. Lee interned at Tiger Asia, a long short equity hedge fund focused on China, Japan, and Korea. From 2001 to 2004, Ms. Lee was an associate in the Mergers and Acquisitions division of Credit Suisse First Boston in Seoul, where she advised Korean corporates and multinational corporations. From 1999 to 2000, she was an analyst in the Mergers and Acquisitions division of Credit Suisse First Boston in Hong Kong. Ms. Lee has a BA in Business Administration from Seoul National University and an MBA from the Stanford Graduate School of Business.


Peter A. Nori

Manager

Start Date

Dec 31, 2014

Tenure

1.25

Tenure Rank

13.1%

Mr. Nori, Executive Vice President and Portfolio Manager of Templeton Investment. He provides research and advice on the purchases and sales of individual securities, and portfolio risk assessment. Nori joined Franklin Templeton Investments in 1987. He holds the charted financial analyst designation.


Tenure Analysis

Category Low

0.0

Category High

26.2

Category Average

6.48

Category Mode

3.3