American Beacon Garcia Hamilton Quality Bond Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.2%
1 yr return
0.6%
3 Yr Avg Return
-2.5%
5 Yr Avg Return
-0.5%
Net Assets
$259 M
Holdings in Top 10
49.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.17%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 71.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GHQPX - Profile
Distributions
- YTD Total Return -1.2%
- 3 Yr Annualized Total Return -2.5%
- 5 Yr Annualized Total Return -0.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.45%
- Dividend Yield 3.3%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAmerican Beacon Garcia Hamilton Quality Bond Fund
-
Fund Family NameAmerican Beacon
-
Inception DateApr 04, 2016
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGilbert Garcia
Fund Description
GHQPX - Performance
Return Ranking - Trailing
Period | GHQPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.2% | -1.8% | 9.2% | 99.46% |
1 Yr | 0.6% | -0.2% | 24.4% | 99.82% |
3 Yr | -2.5%* | -5.9% | 4.1% | 99.81% |
5 Yr | -0.5%* | -3.8% | 4.4% | 99.80% |
10 Yr | N/A* | -19.2% | 169.7% | N/A |
* Annualized
Return Ranking - Calendar
Period | GHQPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.6% | -5.4% | 7.6% | 58.08% |
2022 | -11.8% | -17.7% | -2.6% | 95.56% |
2021 | -3.4% | -4.0% | 4.4% | 99.24% |
2020 | 1.1% | -8.3% | 7.6% | 79.49% |
2019 | 1.9% | -2.3% | 9.3% | 51.41% |
Total Return Ranking - Trailing
Period | GHQPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.2% | -1.8% | 9.2% | 99.46% |
1 Yr | 0.6% | -0.2% | 24.4% | 99.82% |
3 Yr | -2.5%* | -5.9% | 4.1% | 99.81% |
5 Yr | -0.5%* | -3.8% | 4.4% | 99.80% |
10 Yr | N/A* | -19.2% | 169.7% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | GHQPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.3% | -1.1% | 15.2% | 61.16% |
2022 | -9.8% | -17.3% | -1.3% | 98.15% |
2021 | -2.2% | -2.7% | 7.7% | 99.24% |
2020 | 4.5% | -4.4% | 14.5% | 41.21% |
2019 | 4.2% | 0.6% | 12.6% | 68.75% |
NAV & Total Return History
GHQPX - Holdings
Concentration Analysis
GHQPX | Category Low | Category High | GHQPX % Rank | |
---|---|---|---|---|
Net Assets | 259 M | 14.1 K | 58.8 B | 76.66% |
Number of Holdings | 34 | 2 | 9721 | 92.28% |
Net Assets in Top 10 | 131 M | 1.16 M | 6.6 B | 65.35% |
Weighting of Top 10 | 49.56% | 1.8% | 108.7% | 10.23% |
Top 10 Holdings
- U.S. Treasury Notes 10.49%
- U.S. Treasury Bonds 5.76%
- U.S. Treasury Notes 5.60%
- U.S. Treasury Bonds 5.01%
- Federal Home Loan Mortgage Corp. 3.89%
- Federal Home Loan Mortgage Corp. 3.87%
- Federal Home Loan Mortgage Corp. 3.85%
- Federal Home Loan Mortgage Corp. 3.76%
- Federal Home Loan Mortgage Corp. 3.68%
- Federal National Mortgage Association 3.67%
Asset Allocation
Weighting | Return Low | Return High | GHQPX % Rank | |
---|---|---|---|---|
Bonds | 99.55% | 0.00% | 130.68% | 4.13% |
Convertible Bonds | 4.54% | 0.00% | 27.71% | 19.42% |
Cash | 0.45% | -20.59% | 62.18% | 82.05% |
Stocks | 0.00% | 0.00% | 103.64% | 95.87% |
Preferred Stocks | 0.00% | 0.00% | 21.82% | 95.51% |
Other | 0.00% | -0.97% | 72.36% | 96.77% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GHQPX % Rank | |
---|---|---|---|---|
Securitized | 48.22% | 0.00% | 97.27% | 10.79% |
Corporate | 25.69% | 0.00% | 100.00% | 74.82% |
Government | 22.61% | 0.00% | 73.63% | 39.75% |
Derivative | 0.00% | -0.55% | 24.84% | 82.41% |
Cash & Equivalents | 0.00% | 0.00% | 62.18% | 99.64% |
Municipal | 0.00% | 0.00% | 17.46% | 96.94% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GHQPX % Rank | |
---|---|---|---|---|
US | 99.55% | 0.00% | 130.68% | 4.13% |
Non US | 0.00% | 0.00% | 83.16% | 96.77% |
GHQPX - Expenses
Operational Fees
GHQPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.17% | 0.01% | 3.24% | 19.38% |
Management Fee | 0.55% | 0.00% | 1.19% | 93.00% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 16.61% |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
GHQPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 5.75% | N/A |
Deferred Load | N/A | 0.50% | 4.00% | N/A |
Trading Fees
GHQPX 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.
GHQPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 71.00% | 2.00% | 500.00% | 45.17% |
GHQPX - Distributions
Dividend Yield Analysis
GHQPX | Category Low | Category High | GHQPX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.34% | 0.00% | 10.34% | 63.20% |
Dividend Distribution Analysis
GHQPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
GHQPX | Category Low | Category High | GHQPX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.45% | -1.27% | 4.98% | 99.08% |
Capital Gain Distribution Analysis
GHQPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 01, 2024 | $0.024 | OrdinaryDividend |
Feb 01, 2024 | $0.022 | OrdinaryDividend |
Dec 29, 2023 | $0.022 | OrdinaryDividend |
Dec 22, 2023 | $0.032 | OrdinaryDividend |
Nov 30, 2023 | $0.022 | OrdinaryDividend |
Oct 31, 2023 | $0.022 | OrdinaryDividend |
Sep 30, 2023 | $0.021 | OrdinaryDividend |
Aug 31, 2023 | $0.022 | OrdinaryDividend |
Jul 31, 2023 | $0.021 | OrdinaryDividend |
Jun 30, 2023 | $0.021 | OrdinaryDividend |
May 31, 2023 | $0.021 | OrdinaryDividend |
Apr 28, 2023 | $0.021 | OrdinaryDividend |
Mar 31, 2023 | $0.021 | OrdinaryDividend |
Feb 28, 2023 | $0.021 | OrdinaryDividend |
Jan 31, 2023 | $0.021 | OrdinaryDividend |
Dec 30, 2022 | $0.021 | DailyAccrualFund |
Dec 01, 2022 | $0.020 | DailyAccrualFund |
Nov 01, 2022 | $0.018 | DailyAccrualFund |
Oct 03, 2022 | $0.018 | DailyAccrualFund |
Sep 01, 2022 | $0.018 | DailyAccrualFund |
Aug 02, 2022 | $0.018 | DailyAccrualFund |
Jul 01, 2022 | $0.018 | DailyAccrualFund |
Jun 02, 2022 | $0.018 | DailyAccrualFund |
May 02, 2022 | $0.016 | DailyAccrualFund |
Apr 01, 2022 | $0.012 | DailyAccrualFund |
Mar 01, 2022 | $0.011 | DailyAccrualFund |
Feb 01, 2022 | $0.010 | DailyAccrualFund |
Dec 31, 2021 | $0.010 | DailyAccrualFund |
Nov 30, 2021 | $0.009 | DailyAccrualFund |
Oct 31, 2021 | $0.010 | DailyAccrualFund |
Sep 30, 2021 | $0.012 | DailyAccrualFund |
Aug 31, 2021 | $0.011 | DailyAccrualFund |
Jul 31, 2021 | $0.011 | DailyAccrualFund |
Jun 30, 2021 | $0.011 | DailyAccrualFund |
May 31, 2021 | $0.011 | DailyAccrualFund |
Apr 30, 2021 | $0.011 | DailyAccrualFund |
Mar 31, 2021 | $0.009 | DailyAccrualFund |
Feb 28, 2021 | $0.006 | DailyAccrualFund |
Jan 31, 2021 | $0.005 | DailyAccrualFund |
Jan 04, 2021 | $0.005 | DailyAccrualFund |
Dec 02, 2020 | $0.006 | DailyAccrualFund |
Nov 03, 2020 | $0.006 | DailyAccrualFund |
Oct 02, 2020 | $0.007 | DailyAccrualFund |
Sep 02, 2020 | $0.008 | DailyAccrualFund |
Aug 04, 2020 | $0.009 | DailyAccrualFund |
Jul 02, 2020 | $0.009 | DailyAccrualFund |
Jun 02, 2020 | $0.011 | DailyAccrualFund |
May 04, 2020 | $0.025 | DailyAccrualFund |
Apr 02, 2020 | $0.012 | DailyAccrualFund |
Mar 03, 2020 | $0.013 | DailyAccrualFund |
Feb 04, 2020 | $0.013 | DailyAccrualFund |
Jan 02, 2020 | $0.014 | DailyAccrualFund |
Dec 03, 2019 | $0.015 | DailyAccrualFund |
Nov 04, 2019 | $0.016 | DailyAccrualFund |
Oct 02, 2019 | $0.015 | DailyAccrualFund |
Sep 04, 2019 | $0.017 | DailyAccrualFund |
Aug 02, 2019 | $0.018 | DailyAccrualFund |
Jul 02, 2019 | $0.018 | DailyAccrualFund |
Jun 03, 2019 | $0.019 | DailyAccrualFund |
May 01, 2019 | $0.018 | DailyAccrualFund |
Apr 01, 2019 | $0.019 | DailyAccrualFund |
Mar 01, 2019 | $0.018 | DailyAccrualFund |
Feb 01, 2019 | $0.017 | DailyAccrualFund |
Jan 02, 2019 | $0.016 | DailyAccrualFund |
Dec 03, 2018 | $0.016 | DailyAccrualFund |
Nov 01, 2018 | $0.017 | DailyAccrualFund |
Sep 04, 2018 | $0.014 | DailyAccrualFund |
Aug 01, 2018 | $0.014 | DailyAccrualFund |
Jul 02, 2018 | $0.015 | DailyAccrualFund |
Jun 01, 2018 | $0.015 | DailyAccrualFund |
May 01, 2018 | $0.013 | DailyAccrualFund |
Apr 02, 2018 | $0.013 | DailyAccrualFund |
Mar 01, 2018 | $0.010 | DailyAccrualFund |
Feb 01, 2018 | $0.010 | DailyAccrualFund |
Jan 02, 2018 | $0.010 | DailyAccrualFund |
Dec 01, 2017 | $0.009 | DailyAccrualFund |
Nov 01, 2017 | $0.010 | DailyAccrualFund |
Oct 02, 2017 | $0.009 | DailyAccrualFund |
Sep 01, 2017 | $0.010 | DailyAccrualFund |
Aug 01, 2017 | $0.010 | DailyAccrualFund |
Jul 03, 2017 | $0.009 | DailyAccrualFund |
Jun 01, 2017 | $0.009 | DailyAccrualFund |
May 01, 2017 | $0.010 | DailyAccrualFund |
Apr 03, 2017 | $0.012 | DailyAccrualFund |
Mar 01, 2017 | $0.010 | DailyAccrualFund |
Feb 01, 2017 | $0.010 | DailyAccrualFund |
Jan 03, 2017 | $0.009 | DailyAccrualFund |
Dec 01, 2016 | $0.007 | DailyAccrualFund |
Nov 01, 2016 | $0.006 | DailyAccrualFund |
Oct 03, 2016 | $0.005 | DailyAccrualFund |
Sep 01, 2016 | $0.004 | DailyAccrualFund |
Aug 01, 2016 | $0.005 | DailyAccrualFund |
Jul 01, 2016 | $0.003 | DailyAccrualFund |
Jun 01, 2016 | $0.004 | DailyAccrualFund |
GHQPX - Fund Manager Analysis
Managers
Gilbert Garcia
Start Date
Tenure
Tenure Rank
Apr 04, 2016
6.16
6.2%
Mr. Garcia received a B.A. in Economics from Yale University. After graduating in 1985, he joined Salomon Brothers in New York City where he became a Vice President specializing in mortgage-backed securities. In 1990, he joined former Mayor Henry Cisneros to build Cisneros Asset Management Company, ultimately becoming its President. In 2002, he joined Garcia Hamilton & Associates and is the firm’s Managing Partner. Under his leadership, the firm grew from $200 million in fixed income assets under management to over $16.4 billion as of October 2020. GH&A has received numerous industry recognitions. Most recently in 2019 Houston Business Journal recognized Mr. Garcia among Houston’s Top CEOs, as well as being ranked among their Best Places to Work in 2018. The firm also received Pensions & Investments’ Best Places to Work in Money Management for the fourth year in a row (2019, 2018, 2017, 2016). Emerging Manager Monthly awarded the firm Fixed Income Manager of the Year for the third time (2019, 2018 and 2010). Other past awards include FundMap’s 2018 US Fixed Income Manager, Institutional Investor’s Intermediate-Term Fixed Income Manager of the Year in 2016 and 2015, as well as their 2014 Fixed Income Investment Grade Manager of the Year. During the recent COVID-19 crisis, Mr. Garcia and GH&A have donated over 30,000 masks along with hand sanitizer and disinfectant wipes to various organizations. Mr. Garcia is proud to serve on two SEC advisory boards: SEC’s Fixed Income Market Structure Advisory Board and SEC’s Asset Management Advisory Committee where he leads a subcommittee focused on Diversity and Inclusion. He currently serves as a member of the Board of Trustees for Dallas Police & Fire Pension System and serves with Chairman Henry Kravis on the Board of Directors of SEO, a non-profit providing summer internships on Wall Street for minority undergraduates. Additionally, in 2018 he was co-chair for the Susan G. Komen Race for the Cure. The same year, he was also awarded “Male Entrepreneur of the Year 2018” by the Houston Hispanic Chamber of Commerce. In 2015, Mr. Garcia was awarded the SEO Alumni Leadership Award alongside other honorees, including the former mayor of New York City, Michael R. Bloomberg, and Co-Founder & Co-CEO of The Carlyle Group, David M. Rubenstein.
Nancy Rodriguez
Start Date
Tenure
Tenure Rank
Apr 04, 2016
6.16
6.2%
Ms. Rodriguez received a B.S. in Biology from the University of Houston in 1987. After graduating, she joined the investment firm Daniel Breen & Co., L.P. in Houston, Texas where she worked from 1987 to 1998. During her time with Daniel Breen, she held several positions including Trader’s Assistant working with both equity and fixed income securities, Research Assistant and Portfolio Administrator. Ms. Rodriguez joined Garcia Hamilton & Associates in 1998 as a Fixed Income Administrator. She initially served as a Trader’s Assistant and Portfolio Administrator. When Gilbert Garcia joined the firm in 2002 to manage the Fixed Income strategies, Ms. Rodriguez was designated to assist in building the bond business as a Fixed Income Trader, and later, a Fixed Income Analyst. Ms. Rodriguez was promoted to Fixed Income Portfolio Manager in 2010 and became a partner of the firm in 2014. She currently oversees the fixed income trading desk.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 28.77 | 6.13 | 2.41 |