ADNPX: American Beacon ARK Transfmt Innov Inv

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ADNPX American Beacon ARK Transfmt Innov Inv


Profile

ADNPX - Profile

Vitals

  • YTD Return 27.5%
  • 3 Yr Annualized Return 23.9%
  • 5 Yr Annualized Return N/A
  • Net Assets $158 M
  • Holdings in Top 10 56.0%

52 WEEK LOW AND HIGH

$23.89
$13.89
$23.89

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.03%

SALES FEES

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

BROKERAGE FEES

  • Turnover 63.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $2,500

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return 27.5%
  • 3 Yr Annualized Total Return 28.0%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.06%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    American Beacon ARK Transformational Innovation Fund
  • Fund Family Name
    American Beacon
  • Inception Date
    Jan 27, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Catherine Wood

Fund Description

Under normal circumstances, substantially all of the fund's assets are invested in a portfolio of equity securities including common stocks and other equity investments or ownership interests in business enterprises that are relevant to the fund's investment theme of transformational innovation. The fund's investments in foreign equity securities are in both developed and emerging markets. It invests in American Depositary Receipts (''ADRs'') and securities sold on foreign exchanges and securities denominated in foreign currencies when purchasing foreign equities. The fund is non-diversified.


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Categories

Performance

ADNPX - Performance

Return Ranking - Trailing

Period ADNPX Return Category Return Low Category Return High Rank in Category (%)
YTD 27.5% -17.5% 27.6% 1.68%
1 Yr 45.8% -18.4% 46.4% 1.71%
3 Yr 23.9%* -25.1% 24.4% 1.88%
5 Yr N/A* -19.1% 20.5% N/A
10 Yr N/A* -3.2% 18.1% N/A

* Annualized

Return Ranking - Calendar

Period ADNPX Return Category Return Low Category Return High Rank in Category (%)
2019 27.7% -3.0% 62.7% 65.90%
2018 -9.3% -49.7% 4.3% 40.49%
2017 N/A -17.3% 55.5% N/A
2016 N/A -17.1% 32.1% N/A
2015 N/A -17.6% 11.6% N/A

Total Return Ranking - Trailing

Period ADNPX Return Category Return Low Category Return High Rank in Category (%)
YTD 27.5% -17.5% 27.6% 1.68%
1 Yr 45.8% -18.4% 46.4% 1.71%
3 Yr 28.0%* -25.1% 28.5% 1.88%
5 Yr N/A* -19.1% 28.5% N/A
10 Yr N/A* -3.2% 22.8% N/A

* Annualized

Total Return Ranking - Calendar

Period ADNPX Return Category Return Low Category Return High Rank in Category (%)
2019 27.7% -3.0% 62.7% 65.90%
2018 -3.5% -49.7% 5.1% 42.94%
2017 N/A -17.3% 55.5% N/A
2016 N/A -17.1% 32.8% N/A
2015 N/A -13.9% 83.1% N/A

NAV & Total Return History


Holdings

ADNPX - Holdings

Concentration Analysis

ADNPX Category Low Category High ADNPX % Rank
Net Assets 158 M 75.8 K 29.9 B 71.98%
Number of Holdings 46 22 384 67.58%
Net Assets in Top 10 63 M 33.5 K 17.9 B 75.27%
Weighting of Top 10 55.96% 14.3% 84.3% 20.33%

Top 10 Holdings

  1. Tesla Inc 9.01%
  2. State Street US Government MMkt 7.82%
  3. Illumina Inc 7.30%
  4. Square Inc A 6.62%
  5. Invitae Corp 5.85%
  6. CRISPR Therapeutics AG 4.16%
  7. Roku Inc Class A 4.13%
  8. 2U Inc 3.88%
  9. Proto Labs Inc 3.64%
  10. Zillow Group Inc C 3.55%

Asset Allocation

Weighting Return Low Return High ADNPX % Rank
Stocks
92.18% 66.31% 100.29% 94.51%
Cash
5.80% -0.29% 33.69% 18.13%
Bonds
2.02% 0.00% 2.02% 2.20%
Preferred Stocks
0.00% 0.00% 1.04% 82.97%
Other
0.00% -1.03% 6.59% 84.07%
Convertible Bonds
0.00% 0.00% 0.11% 81.87%

Stock Sector Breakdown

Weighting Return Low Return High ADNPX % Rank
Healthcare
33.92% 0.00% 33.92% 2.20%
Technology
27.00% 27.00% 99.44% 99.45%
Communication Services
14.43% 0.00% 39.87% 37.36%
Consumer Cyclical
10.91% 0.00% 31.80% 38.46%
Industrials
5.21% 0.00% 26.06% 15.93%
Financial Services
4.32% 0.00% 42.12% 55.49%
Consumer Defense
4.20% 0.00% 10.34% 2.75%
Utilities
0.00% 0.00% 5.23% 81.87%
Real Estate
0.00% 0.00% 11.22% 90.66%
Energy
0.00% 0.00% 1.12% 83.52%
Basic Materials
0.00% 0.00% 3.58% 85.71%

Stock Geographic Breakdown

Weighting Return Low Return High ADNPX % Rank
US
81.27% 43.10% 99.02% 68.13%
Non US
10.91% 0.56% 55.78% 50.55%

Bond Sector Breakdown

Weighting Return Low Return High ADNPX % Rank
Cash & Equivalents
74.18% 1.71% 100.00% 93.96%
Government
25.82% 0.00% 25.82% 2.20%
Derivative
0.00% 0.00% 37.42% 84.07%
Securitized
0.00% 0.00% 0.00% 81.87%
Corporate
0.00% 0.00% 33.04% 86.26%
Municipal
0.00% 0.00% 0.00% 81.87%

Bond Geographic Breakdown

Weighting Return Low Return High ADNPX % Rank
US
2.02% 0.00% 2.02% 2.20%
Non US
0.00% 0.00% 0.00% 81.87%

Expenses

ADNPX - Expenses

Operational Fees

ADNPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.03% 0.10% 26.92% 18.18%
Management Fee 0.90% 0.09% 1.95% 77.90%
12b-1 Fee N/A 0.00% 1.00% 9.82%
Administrative Fee N/A 0.04% 0.50% N/A

Sales Fees

ADNPX 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% 5.00% N/A

Trading Fees

ADNPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 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.

ADNPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 63.00% 0.00% 732.00% 63.37%

Distributions

ADNPX - Distributions

Dividend Yield Analysis

ADNPX Category Low Category High ADNPX % Rank
Dividend Yield 0.00% 0.00% 9.62% 81.87%

Dividend Distribution Analysis

ADNPX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

ADNPX Category Low Category High ADNPX % Rank
Net Income Ratio -1.06% -2.08% 1.95% 86.93%

Capital Gain Distribution Analysis

ADNPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

ADNPX - Fund Manager Analysis

Managers

Catherine Wood


Start Date

Tenure

Tenure Rank

Jan 27, 2017

3.26

3.3%

Cathie registered ARK Investment Management LLC (“ARK”) as an investment adviser with the U.S. Securities and Exchange Commission in January 2014. Prior to ARK, Cathie spent twelve years at AllianceBernstein as Chief Investment Officer of Global Thematic Strategies where she managed $5 billion. Cathie joined Alliance Capital from Tupelo Capital Management, a hedge fund she co-founded which, in 2000, managed $800 million in global thematic strategies. Prior to her tenure at Tupelo Capital, she worked for 18 years with Jennison Associates as Chief Economist, Equity Research Analyst, Portfolio Manager and Director. She started her career in Los Angeles, California at The Capital Group as an Assistant Economist. Cathie received her Bachelor of Science, summa cum laude, in Finance and Economics from the University of Southern California in 1981. In 2016, Cathie received the “Women in Finance – Outstanding Contribution Award” from Market Media.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.12 30.35 8.23 4.8