American Beacon AHL TargetRisk Core Y
Name
As of 07/07/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
16.1%
1 yr return
9.2%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$9.47 M
Holdings in Top 10
98.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 4.91%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 0.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 07/07/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AABYX - Profile
Distributions
- YTD Total Return 16.1%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -1.07%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameAmerican Beacon AHL TargetRisk Core Fund
-
Fund Family NameAmerican Beacon
-
Inception DateDec 16, 2020
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRussell Korgaonkar
Fund Description
AABYX - Performance
Return Ranking - Trailing
Period | AABYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 16.1% | -12.3% | 54.0% | 5.69% |
1 Yr | 9.2% | -18.1% | 40.4% | 13.41% |
3 Yr | N/A* | -18.3% | 16.3% | N/A |
5 Yr | N/A* | -13.2% | 10.3% | N/A |
10 Yr | N/A* | -9.5% | 4.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | AABYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -22.6% | -48.5% | 15.7% | 83.20% |
2022 | N/A | -10.0% | 21.8% | N/A |
2021 | N/A | -5.8% | 15.2% | N/A |
2020 | N/A | -2.2% | 6.5% | N/A |
2019 | N/A | -6.8% | 0.3% | N/A |
Total Return Ranking - Trailing
Period | AABYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 16.1% | -23.0% | 54.0% | 5.69% |
1 Yr | 9.2% | -18.1% | 40.4% | 13.01% |
3 Yr | N/A* | -18.3% | 16.3% | N/A |
5 Yr | N/A* | -13.2% | 10.3% | N/A |
10 Yr | N/A* | -9.5% | 6.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | AABYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -22.6% | -48.5% | 15.7% | 83.61% |
2022 | N/A | -10.0% | 21.8% | N/A |
2021 | N/A | -5.8% | 15.2% | N/A |
2020 | N/A | -2.2% | 6.5% | N/A |
2019 | N/A | -6.8% | 0.3% | N/A |
NAV & Total Return History
AABYX - Holdings
Concentration Analysis
AABYX | Category Low | Category High | AABYX % Rank | |
---|---|---|---|---|
Net Assets | 9.47 M | 1.96 M | 15.7 B | 96.75% |
Number of Holdings | 11 | 2 | 3255 | 86.59% |
Net Assets in Top 10 | 699 M | 349 K | 12.1 B | 24.80% |
Weighting of Top 10 | 98.59% | 22.9% | 100.0% | 11.06% |
Top 10 Holdings
- United States Treasury Bills 0.01% 21.21%
- United Kingdom of Great Britain and Northern Ireland 0.12% 17.26%
- Germany (Federal Republic Of) 0.5% 13.67%
- United States Treasury Bills 0.01% 13.19%
- United States Treasury Notes 0.12% 13.13%
- France (Republic Of) 0.7% 12.29%
- United States Treasury Bills 12.12%
- United States Treasury Bills 12.12%
- United States Treasury Bills 12.12%
- United States Treasury Notes 0.12% 10.90%
Asset Allocation
Weighting | Return Low | Return High | AABYX % Rank | |
---|---|---|---|---|
Bonds | 96.72% | 0.00% | 106.59% | 2.03% |
Cash | 3.29% | -65.52% | 88.88% | 70.73% |
Stocks | 0.00% | 0.00% | 238.38% | 98.37% |
Preferred Stocks | 0.00% | 0.00% | 6.21% | 86.99% |
Other | 0.00% | -72.87% | 73.78% | 91.87% |
Convertible Bonds | 0.00% | 0.00% | 8.92% | 91.06% |
Bond Sector Breakdown
Weighting | Return Low | Return High | AABYX % Rank | |
---|---|---|---|---|
Government | 96.71% | 0.00% | 99.78% | 2.85% |
Cash & Equivalents | 3.29% | -72.56% | 100.00% | 93.50% |
Derivative | 0.00% | 0.00% | 71.81% | 89.84% |
Securitized | 0.00% | 0.00% | 52.99% | 89.02% |
Corporate | 0.00% | 0.00% | 98.28% | 93.09% |
Municipal | 0.00% | 0.00% | 19.13% | 86.99% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | AABYX % Rank | |
---|---|---|---|---|
US | 53.50% | -17.22% | 99.80% | 13.01% |
Non US | 43.22% | -2.67% | 63.37% | 4.47% |
AABYX - Expenses
Operational Fees
AABYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 4.91% | 0.21% | 5.96% | 1.24% |
Management Fee | 0.88% | 0.00% | 1.50% | 48.37% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 26.99% |
Administrative Fee | N/A | 0.05% | 0.70% | N/A |
Sales Fees
AABYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
AABYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
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.
AABYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 0.00% | 0.00% | 441.00% | 1.00% |
AABYX - Distributions
Dividend Yield Analysis
AABYX | Category Low | Category High | AABYX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 49.86% | 89.26% |
Dividend Distribution Analysis
AABYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
AABYX | Category Low | Category High | AABYX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.07% | -2.12% | 13.72% | 90.24% |
Capital Gain Distribution Analysis
AABYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
AABYX - Fund Manager Analysis
Managers
Russell Korgaonkar
Start Date
Tenure
Tenure Rank
Dec 16, 2020
1.45
1.5%
Russell Korgaonkar is Head of Portfolio Management at AHL. Mr. Korgaonkar joined the company in February 2001, and spent several years researching and building single-stock trading systems, including statistical arbitrage and fundamental factor models. He managed the equity neutral fund Man MAC Daylami from inception in 2005 until 2009, before concentrating on directional systems including a sector based equities model. He moved to his current role in March 2011, and has brought practical experience to the managed futures programs, where his team is responsible for high-level portfolio construction, investment management, and research.
Otto van Hemert
Start Date
Tenure
Tenure Rank
Feb 01, 2021
1.33
1.3%
Otto van Hemert is Director of Core Strategies and a member of AHL’s management and investment committees. He was previously Head of Macro Research at AHL. Prior to joining AHL in 2015, Mr. Van Hemert ran a systematic global macro fund at IMC for more than three years. Before that, he headed Fixed Income Arbitrage, Credit, and Volatility strategies at AQR, and was on the Finance Faculty at the New York University Stern School of Business, where he published papers in leading academic finance journals. Mr. Van Hemert holds a PhD in Finance from the University of Amsterdam, Master’s Degrees in Economics from Tinbergen Institute and the University of Amsterdam, and a Master’s Degree in Mathematics from Utrecht University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 33.83 | 6.63 | 13.0 |