American Beacon U.S. Government Money Market Select Fund
Fund
AAOXX
Price as of:
$1.00
- $0.00
- 0.00%
Primary Theme
fund company
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
$1.00
$397 M
4.68%
$0.05
0.24%
Vitals
YTD Return
4.8%
1 yr return
4.8%
3 Yr Avg Return
3.5%
5 Yr Avg Return
2.2%
Net Assets
$397 M
Holdings in Top 10
61.5%
52 WEEK LOW AND HIGH
$1.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.24%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Money Market Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
$1.00
$397 M
4.68%
$0.05
0.24%
AAOXX - Profile
Distributions
- YTD Total Return 4.8%
- 3 Yr Annualized Total Return 3.5%
- 5 Yr Annualized Total Return 2.2%
- Capital Gain Distribution Frequency Monthly
- Net Income Ratio 0.01%
- Dividend Yield 4.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameAmerican Beacon U.S. Government Money Market Select Fund
-
Fund Family NameAmerican Beacon Select
-
Inception DateMar 07, 2002
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerManagement Team
Fund Description
In pursuing its investment objective and implementing its investment strategies, the Fund invests only in securities that comply with the quality, maturity, liquidity, diversification and other requirements of Rule 2a-7 under the Investment Company Act of 1940, as amended (the “Investment Company Act”), which regulates money market mutual funds.
Under normal market conditions, the Fund invests at least 99.5% of its total assets in: (1) debt securities issued or guaranteed as to principal or interest by the U.S. Government, its agencies or instrumentalities (“Government Securities”), (2) repurchase agreements that are collateralized fully by cash or Government Securities; (3) other government money market funds; and/or (4) cash. The Fund also has adopted a policy to invest, under normal market conditions, at least 80% of its net assets in Government Securities, repurchase agreements that are collateralized fully by cash or Government Securities, and/or other government money market funds.
The Fund’s investments in U.S. dollar denominated Government Securities may include direct obligations of the U.S. Treasury (such as Treasury bills, Treasury notes and Treasury bonds) and obligations issued or guaranteed as to principal and interest (but not as to market value) by the U.S. Government, its agencies or its instrumentalities, which are backed by the full faith and credit of the U.S. Government. The Government Securities in which the Fund invests also may include debt obligations of U.S. Government-sponsored enterprises, such as the Federal National Mortgage Association (“Fannie Mae”), the Federal Home Loan Mortgage Corporation (“Freddie Mac”), Federal Home Loan Banks (“FHLB”), and Federal Farm Credit Banks (“FFCB”). Although chartered or sponsored by Acts of Congress, these entities are not backed by the full faith and credit of the U.S. Government.
Securities purchased by the Fund generally have remaining maturities of 397 days or less. The dollar-weighted average maturity (“WAM”) and dollar-weighted average life (“WAL”) of the Fund will be maintained at or below 60 and 120 days, respectively. The Fund uses the amortized cost method of valuation to seek to maintain a stable $1.00 net asset value (“NAV”) per share price.
The Fund intends to qualify as a “government money market fund,” as such term is defined in or interpreted under Rule 2a-7 under the Investment Company Act. “Government money market funds” are exempt from requirements that money market funds impose a liquidity fee. While the Fund’s Board of Trustees may elect to subject the Fund to a liquidity fee in the future, the Board of Trustees has not elected to do so at this time and currently has no intention of doing so.
AAOXX - Performance
Return Ranking - Trailing
Period | AAOXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.8% | 0.5% | 10.4% | 72.11% |
1 Yr | 4.8% | 0.5% | 10.4% | 75.88% |
3 Yr | 3.5%* | 0.7% | 5.4% | 61.02% |
5 Yr | 2.2%* | 0.5% | 3.3% | 52.60% |
10 Yr | 1.6%* | 0.4% | 32.5% | 19.50% |
* Annualized
Return Ranking - Calendar
Period | AAOXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | -0.1% | 5.0% | 1.02% |
2022 | 0.0% | 0.0% | 1.2% | 1.04% |
2021 | 0.0% | 0.0% | 0.0% | 0.82% |
2020 | 0.0% | 0.0% | 0.4% | 1.20% |
2019 | 0.0% | 0.0% | 2.0% | 1.26% |
Total Return Ranking - Trailing
Period | AAOXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.8% | 0.5% | 10.4% | 72.11% |
1 Yr | 4.8% | 0.5% | 10.4% | 75.88% |
3 Yr | 3.5%* | 0.7% | 5.4% | 61.02% |
5 Yr | 2.2%* | 0.5% | 3.3% | 52.60% |
10 Yr | 1.6%* | 0.4% | 32.5% | 19.50% |
* Annualized
Total Return Ranking - Calendar
Period | AAOXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.9% | 0.8% | 5.9% | 67.51% |
2022 | 1.3% | 0.0% | 1.7% | 47.27% |
2021 | 0.0% | 0.0% | 1.9% | 58.52% |
2020 | 0.5% | 0.0% | 3.0% | 9.04% |
2019 | 2.3% | 0.0% | 3797.9% | 12.26% |
NAV & Total Return History
AAOXX - Holdings
Concentration Analysis
AAOXX | Category Low | Category High | AAOXX % Rank | |
---|---|---|---|---|
Net Assets | 397 M | 818 K | 211 B | 52.72% |
Number of Holdings | 47 | 1 | 346 | 50.62% |
Net Assets in Top 10 | 415 M | 147 K | 163 B | 85.11% |
Weighting of Top 10 | 61.47% | 22.7% | 100.0% | 56.38% |
Top 10 Holdings
- Credit Agricole CIB Credit Agricole CIB 0.020000% 24.67%
- Credit Agricole CIB Credit Agricole CIB 0.020000% 24.67%
- Credit Agricole CIB Credit Agricole CIB 0.020000% 24.67%
- Credit Agricole CIB Credit Agricole CIB 0.020000% 24.67%
- Credit Agricole CIB Credit Agricole CIB 0.020000% 24.67%
- Credit Agricole CIB Credit Agricole CIB 0.020000% 24.67%
- Credit Agricole CIB Credit Agricole CIB 0.020000% 24.67%
- Credit Agricole CIB Credit Agricole CIB 0.020000% 24.67%
- Credit Agricole CIB Credit Agricole CIB 0.020000% 24.67%
- Credit Agricole CIB Credit Agricole CIB 0.020000% 24.67%
Asset Allocation
Weighting | Return Low | Return High | AAOXX % Rank | |
---|---|---|---|---|
Cash | 82.96% | 25.56% | 100.00% | 21.29% |
Bonds | 17.04% | 0.00% | 74.44% | 76.49% |
Stocks | 0.00% | 0.00% | 0.00% | 0.25% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 0.25% |
Other | 0.00% | -1.67% | 0.04% | 0.50% |
Convertible Bonds | 0.00% | 0.00% | 21.22% | 8.42% |
Bond Sector Breakdown
Weighting | Return Low | Return High | AAOXX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 82.96% | 0.00% | 100.00% | 19.06% |
Government | 17.04% | 0.00% | 44.01% | 76.24% |
Derivative | 0.00% | 0.00% | 0.00% | 0.25% |
Securitized | 0.00% | 0.00% | 1.75% | 3.22% |
Corporate | 0.00% | 0.00% | 100.00% | 18.56% |
Municipal | 0.00% | 0.00% | 22.71% | 5.45% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | AAOXX % Rank | |
---|---|---|---|---|
US | 17.04% | 0.00% | 72.86% | 76.49% |
Non US | 0.00% | 0.00% | 3.41% | 1.73% |
AAOXX - Expenses
Operational Fees
AAOXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.24% | 0.07% | 2.23% | 70.79% |
Management Fee | 0.10% | 0.03% | 0.50% | 13.61% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 0.58% |
Administrative Fee | N/A | 0.01% | 0.55% | 0.32% |
Sales Fees
AAOXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 5.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
AAOXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 5.00% | 5.00% | 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.
AAOXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 485.00% | N/A |
AAOXX - Distributions
Dividend Yield Analysis
AAOXX | Category Low | Category High | AAOXX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.68% | 0.00% | 5.42% | 25.25% |
Dividend Distribution Analysis
AAOXX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
AAOXX | Category Low | Category High | AAOXX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.01% | -1.09% | 1.67% | 29.11% |
Capital Gain Distribution Analysis
AAOXX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Monthly | Annually | Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 29, 2024 | $0.004 | OrdinaryDividend |
Oct 31, 2024 | $0.000 | OrdinaryDividend |
Sep 30, 2024 | $0.004 | OrdinaryDividend |
Aug 30, 2024 | $0.005 | OrdinaryDividend |
Jul 31, 2024 | $0.004 | OrdinaryDividend |
Apr 30, 2024 | $0.004 | OrdinaryDividend |
Mar 28, 2024 | $0.004 | OrdinaryDividend |
Feb 29, 2024 | $0.004 | OrdinaryDividend |
Jan 31, 2024 | $0.004 | OrdinaryDividend |
Dec 29, 2023 | $0.004 | OrdinaryDividend |
Nov 30, 2023 | $0.004 | OrdinaryDividend |
Oct 31, 2023 | $0.004 | OrdinaryDividend |
Sep 29, 2023 | $0.004 | OrdinaryDividend |
Aug 31, 2023 | $0.004 | OrdinaryDividend |
Jul 31, 2023 | $0.004 | OrdinaryDividend |
Jun 30, 2023 | $0.004 | OrdinaryDividend |
May 31, 2023 | $0.004 | OrdinaryDividend |
Apr 28, 2023 | $0.004 | OrdinaryDividend |
Mar 31, 2023 | $0.004 | OrdinaryDividend |
Feb 28, 2023 | $0.003 | OrdinaryDividend |
Jan 31, 2023 | $0.003 | OrdinaryDividend |
Dec 29, 2022 | $0.003 | OrdinaryDividend |
Nov 29, 2022 | $0.003 | OrdinaryDividend |
Oct 28, 2022 | $0.002 | OrdinaryDividend |
Sep 29, 2022 | $0.002 | OrdinaryDividend |
Aug 30, 2022 | $0.002 | OrdinaryDividend |
Jul 28, 2022 | $0.001 | OrdinaryDividend |
Jun 29, 2022 | $0.001 | OrdinaryDividend |
May 30, 2022 | $0.000 | OrdinaryDividend |
Apr 28, 2022 | $0.000 | OrdinaryDividend |
Mar 30, 2022 | $0.000 | OrdinaryDividend |
Feb 25, 2022 | $0.000 | OrdinaryDividend |
Jan 28, 2022 | $0.000 | OrdinaryDividend |
Dec 30, 2021 | $0.000 | OrdinaryDividend |
Nov 29, 2021 | $0.000 | OrdinaryDividend |
Oct 29, 2021 | $0.000 | OrdinaryDividend |
Sep 29, 2021 | $0.000 | OrdinaryDividend |
Aug 30, 2021 | $0.000 | OrdinaryDividend |
Jul 30, 2021 | $0.000 | OrdinaryDividend |
Jun 29, 2021 | $0.000 | OrdinaryDividend |
May 28, 2021 | $0.000 | OrdinaryDividend |
Apr 29, 2021 | $0.000 | OrdinaryDividend |
Mar 30, 2021 | $0.000 | OrdinaryDividend |
Feb 26, 2021 | $0.000 | OrdinaryDividend |
Jan 29, 2021 | $0.000 | OrdinaryDividend |
Dec 31, 2020 | $0.000 | OrdinaryDividend |
Dec 01, 2020 | $0.000 | OrdinaryDividend |
Nov 02, 2020 | $0.000 | OrdinaryDividend |
Oct 01, 2020 | $0.000 | OrdinaryDividend |
Sep 01, 2020 | $0.000 | OrdinaryDividend |
Aug 03, 2020 | $0.000 | OrdinaryDividend |
Jul 01, 2020 | $0.000 | OrdinaryDividend |
Jun 01, 2020 | $0.000 | OrdinaryDividend |
May 01, 2020 | $0.000 | OrdinaryDividend |
Apr 01, 2020 | $0.001 | OrdinaryDividend |
Mar 02, 2020 | $0.001 | OrdinaryDividend |
Feb 03, 2020 | $0.001 | OrdinaryDividend |
Dec 31, 2019 | $0.001 | OrdinaryDividend |
Dec 02, 2019 | $0.001 | OrdinaryDividend |
Nov 01, 2019 | $0.002 | OrdinaryDividend |
Oct 01, 2019 | $0.002 | OrdinaryDividend |
Sep 03, 2019 | $0.002 | OrdinaryDividend |
Aug 01, 2019 | $0.002 | OrdinaryDividend |
Jul 01, 2019 | $0.002 | OrdinaryDividend |
Jan 02, 2004 | $0.000 | CapitalGainShortTerm |
Dec 01, 2003 | $0.000 | CapitalGainShortTerm |
Aug 01, 2003 | $0.000 | CapitalGainShortTerm |
Jul 01, 2003 | $0.000 | CapitalGainShortTerm |
Apr 30, 2003 | $0.000 | CapitalGainShortTerm |
Apr 01, 2003 | $0.000 | CapitalGainShortTerm |
Oct 01, 2002 | $0.000 | CapitalGainShortTerm |
Aug 31, 2002 | $0.000 | CapitalGainShortTerm |
Aug 01, 2002 | $0.000 | CapitalGainShortTerm |
Jun 29, 2002 | $0.000 | CapitalGainShortTerm |
Jun 01, 2002 | $0.000 | CapitalGainShortTerm |
May 01, 2002 | $0.000 | CapitalGainShortTerm |
Mar 29, 2002 | $0.000 | CapitalGainShortTerm |