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AALPX American Beacon Shrt-Trm Bd Inv

  • Fund
  • AALPX
  • Price as of: Jan 11, 2000
  • $9.20
  • - $0.02
  • - 0.22%
  • Category
  • Total Bond Market

AALPX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $236 M
  • Holdings in Top 10 64.4%

52 WEEK LOW AND HIGH

$9.20
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.90%

SALES FEES

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

BROKERAGE FEES

  • Turnover 53.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of 2015-08-20

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Short-Term Bond

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 0.19%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name American Beacon Short Term Bond Fund
  • Fund Family Name American Beacon
  • Inception Date Aug 01, 1994
  • Shares Outstanding N/A
  • Share Class Inv
  • Currency USD
  • Domiciled Country United States
  • Manager Patrick A. Sporl

Fund Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in obligations of the U.S. government, its agencies and instrumentalities. These types of obligations are commonly referred to as fixed-income securities or bonds and may include foreign bonds. It will only buy debt securities that are determined by the Manager to be investment grade at the time of purchase.

AALPX - Performance

Return Ranking - Trailing

Period AALPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -36.0% 14.2% 10.47% 1
1 Yr -3.4% -15.5% 21.5% 94.77% 5
3 Yr N/A * -6.1% 16.3% N/A N/A
5 Yr N/A * -2.6% 14.8% N/A N/A
10 Yr N/A * -0.7% 9.7% N/A N/A

* Annualized


Return Ranking - Calendar

Period AALPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.0% -10.9% 25.1% 49.52% 4
2016 0.0% -11.1% 192.8% 44.02% 4
2015 0.0% -33.0% 5.1% 3.63% 1
2014 0.0% -24.1% 20.8% 36.80% 3
2013 0.0% -13.1% 40.4% 10.52% 1

Total Return Ranking - Trailing

Period AALPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -100.0% 14.2% 10.41% 1
1 Yr -3.4% -15.5% 21.5% 83.61% 5
3 Yr N/A * -7.0% 16.3% N/A N/A
5 Yr N/A * -3.5% 14.8% N/A N/A
10 Yr N/A * -0.7% 9.7% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period AALPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.0% -9.5% 25.1% 50.37% 4
2016 0.0% -11.1% 195.3% 54.52% 4
2015 0.0% -32.5% 16.5% 17.17% 2
2014 0.0% -9.9% 58.5% 55.27% 4
2013 0.0% -12.9% 58.3% 21.30% 2

NAV & Total Return History

AALPX - Holdings

Filings data as of: Sep 30, 2015

Concentration Analysis

AALPX Category Low Category High AALPX % Rank Quintile
Net Assets 236 M 319 K 200 B 23.35% 4
Number of Holdings 45 1 17403 25.89% 5
Net Assets in Top 10 150 M -36 B 52.1 B 15.72% 3
Weighting of Top 10 64.4% 0.0% 1989.1% 6.21% 1

Top 10 Holdings

  1. US Treasury Note 0.875% 8.61%
  2. US Treasury Note 0.625% 8.58%
  3. US Treasury Note 0.625% 8.58%
  4. US Treasury Note 0.625% 8.57%
  5. US Treasury Note 0.625% 8.57%
  6. US Treasury Note 0.5% 8.56%
  7. US Treasury Note 0.625% 6.44%
  8. US Treasury Note 1.375% 2.17%
  9. US Treasury Note 0.875% 2.15%
  10. US Treasury Note 0.875% 2.15%

Asset Allocation

Weighting Category Low Category High AALPX % Rank Quintile
Bonds
85.44% -175.98% 562.01% 22.53% 4
Cash
14.56% -461.99% 275.92% 5.75% 1
Stocks
0.00% -2.63% 97.98% 5.65% 5
Preferred Stocks
0.00% -0.41% 22.98% 7.02% 5
Other
0.00% -18.46% 99.99% 11.29% 5
Convertible Bonds
0.00% 0.00% 13.10% 8.70% 5

Bond Sector Breakdown

Weighting Category Low Category High AALPX % Rank Quintile
Government
64.81% -389.49% 503.27% 1.58% 1
Cash & Equivalents
14.56% -462.00% 275.92% 5.80% 1
Securitized
10.86% 0.00% 118.59% 27.16% 5
Corporate
9.77% 0.00% 221.70% 31.08% 5
Derivative
0.00% -126.74% 65.32% 4.12% 4
Municipal
0.00% 0.00% 98.80% 12.16% 5

Bond Geographic Breakdown

Weighting Category Low Category High AALPX % Rank Quintile
US
81.17% -370.09% 500.82% 17.14% 3
Non US
4.27% -171.42% 351.70% 25.79% 5

AALPX - Expenses

Operational Fees

AALPX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.90% 0.00% 44.72% 9.68% 3
Management Fee 0.20% 0.00% 2.15% 3.97% 1
12b-1 Fee 0.00% 0.00% 1.00% 3.00% 1
Administrative Fee 0.30% 0.00% 0.63% 0.69% 5

Sales Fees

AALPX Fees (% of AUM) Category Low Category High AALPX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.15% 5.50% N/A N/A

Trading Fees

AALPX Fees (% of AUM) Category Low Category High AALPX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

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.

AALPX Fees (% of AUM) Category Low Category High AALPX Rank Quintile
Turnover 53.00% 0.00% 1576.00% 14.05% 2

AALPX - Distributions

Dividend Yield Analysis

AALPX Category Low Category High AALPX % Rank Quintile
Dividend Yield 0.1% 0.00% 1.23% 29.24% 5

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

AALPX Category Low Category High AALPX % Rank Quintile
Net Income Ratio 0.19% -1.56% 7.22% 21.45% 5

Capital Gain Distribution Analysis

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

AALPX - Managers

Patrick A. Sporl

Manager

Start Date

Jan 01, 1999

Tenure

16.84

Tenure Rank

1.1%

Patrick Sporl serves as a Senior Portfolio Manager for intermediate and short-term bond portfolios. Mr. Sporl joined American Beacon in February 1996. Prior to American Beacon, Mr. Sporl worked in the Controller’s Department of American Airlines and as a Staff Auditor for Deloitte & Touche in San Francisco. He has a BS in Business Administration from the University of the Pacific and received his MBA in Finance from the University of Texas at Arlington in 1997. Mr. Sporl is an inactive CPA and is a CFA charterholder.


Erin Higginbotham

Manager

Start Date

Mar 01, 2011

Tenure

4.67

Tenure Rank

6.6%

Ms. Higginbotham has served as Portfolio Manager since February 2011. She has responsibility for credit and relative value analysis of corporate bonds. Ms. Higginbotham managed enhanced cash and money market portfolios at American Beacon Advisors and has been a Portfolio Manager since April 2003.


Samuel Silver

Manager

Start Date

Feb 28, 2014

Tenure

1.67

Tenure Rank

8.9%

Samuel Silver oversees the team responsible for the portfolio management of the American Beacon Short-Term Bond Fund and a portion of the fixed-income assets of the American Beacon Balanced Fund, American Beacon Retirement Income and Appreciation Fund, and American Beacon Intermediate Bond Fund. Mr. Silver has been with the Manager since September 1999 and has served as Vice President, Fixed Income Investments since October 2011. Prior to October 2011, Mr. Silver was a Senior Portfolio Manager, Fixed Income Investments. The team responsible for the day-to-day portfolio management of the American Beacon Balanced Fund, American Beacon Retirement Income and Appreciation Fund, American Beacon Intermediate Bond Fund and American Beacon Short-Term Bond Fund includes Patrick A. Sporl and Erin Higginbotham.


Tenure Analysis

Category Low

0.0

Category High

29.8

Category Average

6.59

Category Mode

3.8