American Beacon High Yld Bd A
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
-8.0%
3 Yr Avg Return
0.7%
5 Yr Avg Return
4.0%
Net Assets
$18.7 M
Holdings in Top 10
3.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.30%
SALES FEES
Front Load 4.75%
Deferred Load N/A
TRADING FEES
Turnover 74.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ABHAX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return -0.9%
- 5 Yr Annualized Total Return 3.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 5.54%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameAmerican Beacon High Yield Bond Fund
-
Fund Family NameAmerican Beacon
-
Inception DateMay 17, 2010
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerKirk L. Brown
Fund Description
ABHAX - Performance
Return Ranking - Trailing
Period | ABHAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -9.3% | 23.9% | N/A |
1 Yr | -8.0% | -9.4% | 5.6% | N/A |
3 Yr | 0.7%* | -6.5% | 8.5% | N/A |
5 Yr | 4.0%* | -8.6% | 2.2% | N/A |
10 Yr | 5.0%* | -13.4% | 4.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | ABHAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -23.1% | -0.4% | N/A |
2022 | N/A | -9.5% | 28.5% | N/A |
2021 | N/A | -14.4% | 28.6% | N/A |
2020 | N/A | -34.3% | 1.0% | N/A |
2019 | N/A | -23.1% | 27.7% | N/A |
Total Return Ranking - Trailing
Period | ABHAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -9.3% | 23.9% | N/A |
1 Yr | -12.3% | -9.4% | 6.8% | N/A |
3 Yr | -0.9%* | -6.5% | 11.2% | N/A |
5 Yr | 3.0%* | -7.8% | 6.2% | N/A |
10 Yr | 4.5%* | -13.4% | 8.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | ABHAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -23.1% | 1.3% | N/A |
2022 | N/A | -4.9% | 36.8% | N/A |
2021 | N/A | -14.4% | 39.0% | N/A |
2020 | N/A | -28.3% | 4.3% | N/A |
2019 | N/A | -21.8% | 27.7% | N/A |
ABHAX - Holdings
Concentration Analysis
ABHAX | Category Low | Category High | ABHAX % Rank | |
---|---|---|---|---|
Net Assets | 18.7 M | 1.02 M | 25 B | N/A |
Number of Holdings | 102 | 6 | 1547 | N/A |
Net Assets in Top 10 | 4.28 M | -1.5 M | 3.71 B | N/A |
Weighting of Top 10 | 3.21% | 5.1% | 99.6% | N/A |
Top 10 Holdings
- Rockies Express Pipe 144A 6.875% 0.52%
- Park Ohio Inds Inc-Ohio 8.125% 0.39%
- Ngpl Pipeco 144A 9.625% 0.38%
- Landrys 144A 9.375% 0.32%
- Select Medical 6.375% 0.31%
- Xerium Tech 8.875% 0.30%
- Lbi Media 144A 11.5% 0.27%
- Cogent Comms Fin 144A 5.625% 0.25%
- Cenveo 144A 8.5% 0.24%
- First Data 12.625% 0.24%
Asset Allocation
Weighting | Return Low | Return High | ABHAX % Rank | |
---|---|---|---|---|
Cash | 91.60% | -3.02% | 117.48% | N/A |
Bonds | 8.21% | -17.48% | 100.06% | N/A |
Other | 0.16% | -1.24% | 11.36% | N/A |
Stocks | 0.02% | -0.44% | 99.77% | N/A |
Convertible Bonds | 0.01% | 0.00% | 11.82% | N/A |
Preferred Stocks | 0.00% | 0.00% | 11.13% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | ABHAX % Rank | |
---|---|---|---|---|
Communication Services | 0.02% | -0.04% | 2.00% | N/A |
Utilities | 0.00% | -0.04% | 1.62% | N/A |
Technology | 0.00% | -0.17% | 30.62% | N/A |
Real Estate | 0.00% | -0.03% | 3.03% | N/A |
Industrials | 0.00% | 0.00% | 13.99% | N/A |
Healthcare | 0.00% | 0.00% | 14.35% | N/A |
Financial Services | 0.00% | -0.03% | 17.51% | N/A |
Energy | 0.00% | -0.06% | 2.74% | N/A |
Consumer Defense | 0.00% | -0.09% | 4.47% | N/A |
Consumer Cyclical | 0.00% | -0.14% | 15.44% | N/A |
Basic Materials | 0.00% | 0.00% | 1.36% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ABHAX % Rank | |
---|---|---|---|---|
US | 0.02% | -0.43% | 50.95% | N/A |
Non US | 0.00% | -0.01% | 48.82% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | ABHAX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 91.60% | -1.24% | 117.48% | N/A |
Corporate | 7.66% | 0.00% | 100.08% | N/A |
Government | 0.50% | -5.69% | 65.95% | N/A |
Derivative | 0.06% | -17.48% | 8.43% | N/A |
Securitized | 0.00% | 0.00% | 60.24% | N/A |
Municipal | 0.00% | 0.00% | 100.03% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | ABHAX % Rank | |
---|---|---|---|---|
US | 6.95% | -17.48% | 99.77% | N/A |
Non US | 1.26% | 0.00% | 53.13% | N/A |
ABHAX - Expenses
Operational Fees
ABHAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.30% | 0.00% | 6.42% | N/A |
Management Fee | 0.41% | 0.00% | 1.00% | N/A |
12b-1 Fee | 0.25% | 0.00% | 1.00% | N/A |
Administrative Fee | 0.30% | 0.01% | 0.45% | N/A |
Sales Fees
ABHAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.75% | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
ABHAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 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.
ABHAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 74.00% | 5.00% | 1334.00% | N/A |
ABHAX - Distributions
Dividend Yield Analysis
ABHAX | Category Low | Category High | ABHAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 4.50% | N/A |
Dividend Distribution Analysis
ABHAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
ABHAX | Category Low | Category High | ABHAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 5.54% | -1.92% | 7.22% | N/A |
Capital Gain Distribution Analysis
ABHAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 30, 2015 | $0.013 | |
Oct 30, 2015 | $0.029 | |
Sep 30, 2015 | $0.038 | |
Aug 31, 2015 | $0.040 | |
Aug 03, 2015 | $0.042 | |
Jul 01, 2015 | $0.042 | |
Jun 01, 2015 | $0.042 | |
May 01, 2015 | $0.002 | |
Apr 01, 2015 | $0.041 | |
Mar 02, 2015 | $0.037 | |
Feb 02, 2015 | $0.041 | |
Jan 02, 2015 | $0.042 | |
Dec 23, 2014 | $0.012 | |
Dec 01, 2014 | $0.044 | |
Nov 03, 2014 | $0.044 | |
Oct 01, 2014 | $0.037 | |
Sep 02, 2014 | $0.043 | |
Aug 01, 2014 | $0.044 | |
Jul 01, 2014 | $0.042 | |
Jun 02, 2014 | $0.046 | |
May 01, 2014 | $0.042 | |
Apr 01, 2014 | $0.043 | |
Mar 03, 2014 | $0.043 | |
Feb 03, 2014 | $0.047 | |
Jan 02, 2014 | $0.047 | |
Dec 02, 2013 | $0.043 | |
Nov 01, 2013 | $0.045 | |
Oct 01, 2013 | $0.044 | |
Sep 03, 2013 | $0.045 | |
Aug 01, 2013 | $0.045 | |
Jul 01, 2013 | $0.045 | |
Jun 03, 2013 | $0.046 | |
May 01, 2013 | $0.044 | |
Apr 01, 2013 | $0.049 | |
Mar 01, 2013 | $0.047 | |
Feb 01, 2013 | $0.050 | |
Jan 03, 2013 | $0.053 | |
Dec 03, 2012 | $0.050 | |
Nov 01, 2012 | $0.055 | |
Oct 01, 2012 | $0.057 | |
Sep 04, 2012 | $0.055 | |
Aug 01, 2012 | $0.055 | |
Jul 02, 2012 | $0.053 | |
Jun 01, 2012 | $0.055 | |
May 01, 2012 | $0.052 | |
Apr 02, 2012 | $0.053 | |
Mar 01, 2012 | $0.051 | |
Feb 01, 2012 | $0.058 | |
Jan 03, 2012 | $0.055 | |
Dec 01, 2011 | $0.055 | |
Nov 01, 2011 | $0.055 | |
Oct 03, 2011 | $0.053 | |
Sep 01, 2011 | $0.055 | |
Aug 01, 2011 | $0.059 | |
Jul 01, 2011 | $0.056 | |
Jun 01, 2011 | $0.059 | |
May 02, 2011 | $0.058 | |
Apr 01, 2011 | $0.058 | |
Mar 01, 2011 | $0.059 | |
Feb 01, 2011 | $0.057 | |
Jan 03, 2011 | $0.061 | |
Dec 01, 2010 | $0.057 | |
Nov 01, 2010 | $0.056 | |
Oct 01, 2010 | $0.053 | |
Sep 01, 2010 | $0.065 | |
Aug 02, 2010 | $0.060 | |
Jul 01, 2010 | $0.062 |
ABHAX - Fund Manager Analysis
Managers
Kirk L. Brown
Start Date
Tenure
Tenure Rank
Dec 29, 2002
12.93
12.9%
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.
Christopher J. Molumphy
Start Date
Tenure
Tenure Rank
Sep 30, 2006
9.17
9.2%
Christopher J. Molumphy is an executive vice president and chief investment officer of the Franklin Templeton Fixed Income Group, and also a member of the Franklin Templeton Investment Management Committee, Franklin Resources Investment Committee, and the Franklin Resources Management Committee. Mr. Molumphy joined Franklin Templeton Investments as an analyst in 1988. Prior to assuming his current role in 2000, he has served as a portfolio manager since 1991, and became director of Franklin's high yield corporate bond department in 1994.
Gene L. Needles
Start Date
Tenure
Tenure Rank
Feb 29, 2012
3.75
3.8%
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.
Tim L. Rabe
Start Date
Tenure
Tenure Rank
Dec 31, 2007
7.92
7.9%
Mr. Rabe is a portfolio manager and head of the high yield team. Prior to joining Logan Circle Partners, he was head of the high yield team at Delaware Investments, responsible for all high yield fixed income funds and strategies at the firm. Prior to joining Delaware Investments, he was a high yield portfolio manager for Conseco Capital Management for five years. Prior to that, he worked as a tax analyst for the Northern Trust Company. Mr. Rabe received a Bachelor of Science degree in finance from the University of Illinois.
Richard A. Hocker
Start Date
Tenure
Tenure Rank
Sep 16, 2011
4.21
4.2%
Hocker serves as the chief investment officer of PENN Capital Management. He has over 30 years of institutional investment experience with both PENN and Delaware Investment Advisers. Since inception of the firm in November 1987, Hocker has served as chief investment officer and senior portfolio manager. Prior to DIA, Hocker was head of Investment Division of Provident National Bank.
Eric G. Takaha
Start Date
Tenure
Tenure Rank
Sep 30, 2006
9.17
9.2%
Eric Takaha is a senior vice president and portfolio manager in the Franklin Templeton Fixed Income Group. He is the director of the Corporate & High Yield group and a member of the firm's Fixed Income Policy Committee ("FIPC"). His portfolio management duties include managing various fixed income funds, as well as Franklin's institutional high yield and global credit strategies. He joined Franklin Templeton in 1989. During the summer of business school, Mr. Takaha worked for Morgan Stanley in the equity research department in New York.
Martin A. Smith
Start Date
Tenure
Tenure Rank
Sep 16, 2011
4.21
4.2%
Martin A. Smith began his career with PENN Capital Management in July 1999. Prior to joining PENN, Martin was a research analyst with Cantone Research, Inc., Tinton Falls, NJ, specializing in small cap equities. Martin began his investment career with Merrill Lynch Asset Management as a high yield research analyst. As Portfolio Manager, Mr. Smith is directly responsible for buy/sell decisions, portfolio construction and monitoring existing positions in the portfolios. Mr. Smith contributes to the coverage of the Fixed and Wireless Communication and Cable and Media industries. Mr. Smith received his BBA in Finance from Pace University and an MBA from Rutgers University.
Glenn I. Voyles
Start Date
Tenure
Tenure Rank
Sep 30, 2006
9.17
9.2%
GLENN VOYLES, CFA Vice President Portfolio Manager, Research Analyst Franklin Templeton Fixed Income Group Franklin Advisers, Inc. San Mateo, California, United States Glenn Voyles is a vice president, high-yield analyst, and portfolio manager for Franklin Advisers, Inc. He co-manages the Franklin Templeton Institutional High Yield Strategy, Franklin Templeton Limited Duration Income Trust and Franklin Universal Trust, a closed-end fund. Mr. Voyles specializes in research analysis of the energy industries. Mr. Voyles joined Franklin Templeton in 1993. He holds a B.A. in economics from Stanford University. He is a Chartered Financial Analyst (CFA) Charterholder, a member of Security Analysts of San Francisco (SASF), and the CFA Institute.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 34.87 | 6.64 | 0.0 |