American Beacon Shapiro Equity Opportunities Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.3%
1 yr return
18.5%
3 Yr Avg Return
1.5%
5 Yr Avg Return
10.7%
Net Assets
$189 M
Holdings in Top 10
52.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.29%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 31.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SHXPX - Profile
Distributions
- YTD Total Return 8.3%
- 3 Yr Annualized Total Return 1.5%
- 5 Yr Annualized Total Return 10.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.77%
- Dividend Yield 0.6%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAmerican Beacon Shapiro Equity Opportunities Fund
-
Fund Family NameAmerican Beacon
-
Inception DateSep 12, 2017
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerLouis Shapiro
Fund Description
SHXPX - Performance
Return Ranking - Trailing
Period | SHXPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.3% | -4.5% | 22.2% | 34.17% |
1 Yr | 18.5% | -5.0% | 42.6% | 70.95% |
3 Yr | 1.5%* | -2.6% | 31.5% | 98.92% |
5 Yr | 10.7%* | -0.1% | 44.3% | 47.95% |
10 Yr | N/A* | 1.3% | 24.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | SHXPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.9% | -24.9% | 46.1% | 18.06% |
2022 | -25.2% | -65.1% | 4.6% | 95.67% |
2021 | 16.2% | -44.2% | 57.5% | 49.32% |
2020 | 16.3% | -23.2% | 285.0% | 1.77% |
2019 | 23.2% | -21.4% | 48.5% | 20.88% |
Total Return Ranking - Trailing
Period | SHXPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.3% | -4.5% | 22.2% | 34.17% |
1 Yr | 18.5% | -5.0% | 42.6% | 70.95% |
3 Yr | 1.5%* | -2.6% | 31.5% | 98.92% |
5 Yr | 10.7%* | -0.1% | 44.3% | 47.95% |
10 Yr | N/A* | 1.3% | 24.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | SHXPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.6% | -15.9% | 46.7% | 38.02% |
2022 | -18.9% | -42.0% | 8.5% | 98.50% |
2021 | 24.0% | 3.6% | 129.7% | 73.30% |
2020 | 18.8% | -22.6% | 304.8% | 2.42% |
2019 | 29.6% | -12.7% | 52.1% | 12.55% |
NAV & Total Return History
SHXPX - Holdings
Concentration Analysis
SHXPX | Category Low | Category High | SHXPX % Rank | |
---|---|---|---|---|
Net Assets | 189 M | 93 | 163 B | 79.81% |
Number of Holdings | 28 | 2 | 1689 | 97.43% |
Net Assets in Top 10 | 109 M | 420 K | 33.9 B | 63.89% |
Weighting of Top 10 | 52.84% | 5.6% | 99.9% | 4.47% |
Top 10 Holdings
- Elanco Animal Health, Inc. 6.05%
- Lions Gate Entertainment Corp. 5.69%
- Bank of America Corp. 5.58%
- Berkshire Hathaway, Inc. 5.24%
- Graphic Packaging Holding Co. 5.21%
- Micron Technology, Inc. 5.14%
- Zimmer Biomet Holdings, Inc. 5.05%
- Carter's, Inc. 4.97%
- SSC Technologies Holdings, Inc. 4.96%
- Baxter International, Inc. 4.94%
Asset Allocation
Weighting | Return Low | Return High | SHXPX % Rank | |
---|---|---|---|---|
Stocks | 99.65% | 1.86% | 108.42% | 15.95% |
Cash | 1.40% | -0.79% | 38.18% | 47.94% |
Preferred Stocks | 0.00% | 0.00% | 13.88% | 71.36% |
Other | 0.00% | -3.53% | 39.72% | 70.93% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 69.22% |
Bonds | 0.00% | -0.71% | 73.23% | 70.24% |
Stock Sector Breakdown
Weighting | Return Low | Return High | SHXPX % Rank | |
---|---|---|---|---|
Consumer Cyclical | 22.74% | 0.00% | 22.74% | 0.43% |
Communication Services | 17.26% | 0.00% | 26.58% | 1.73% |
Financial Services | 15.01% | 0.00% | 58.05% | 85.58% |
Healthcare | 10.75% | 0.00% | 30.08% | 93.70% |
Basic Materials | 10.68% | 0.00% | 21.69% | 3.71% |
Industrials | 8.54% | 0.00% | 42.76% | 82.12% |
Technology | 7.94% | 0.00% | 54.02% | 82.56% |
Consumer Defense | 5.14% | 0.00% | 34.10% | 84.02% |
Energy | 1.88% | 0.00% | 54.00% | 94.73% |
Utilities | 0.03% | 0.00% | 27.04% | 89.03% |
Real Estate | 0.03% | 0.00% | 90.54% | 83.59% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | SHXPX % Rank | |
---|---|---|---|---|
US | 99.65% | 1.86% | 108.42% | 14.84% |
Non US | 0.00% | 0.00% | 27.89% | 86.11% |
SHXPX - Expenses
Operational Fees
SHXPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.29% | 0.01% | 17.54% | 25.45% |
Management Fee | 0.70% | 0.00% | 1.50% | 77.10% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 14.61% |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
SHXPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
SHXPX 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.
SHXPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 31.00% | 0.00% | 488.00% | 44.14% |
SHXPX - Distributions
Dividend Yield Analysis
SHXPX | Category Low | Category High | SHXPX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.58% | 0.00% | 36.55% | 92.47% |
Dividend Distribution Analysis
SHXPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Quarterly | Semi-Annually |
Net Income Ratio Analysis
SHXPX | Category Low | Category High | SHXPX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.77% | -1.51% | 4.28% | 79.19% |
Capital Gain Distribution Analysis
SHXPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 22, 2023 | $0.082 | OrdinaryDividend |
Dec 23, 2022 | $0.977 | OrdinaryDividend |
Dec 21, 2018 | $0.075 | OrdinaryDividend |
SHXPX - Fund Manager Analysis
Managers
Louis Shapiro
Start Date
Tenure
Tenure Rank
Sep 12, 2017
4.72
4.7%
Louis S. Shapiro is the President and Chief Financial Officer of the Company. He was formerly employed from June 1990 through April 1992 as an accountant for Habif, Arogeti and Wynne, PC, a Public Accounting firm. Before his employment as an accountant, he was a Registered Representative for Kidder Peabody in Atlanta. He holds an ABJ from the University of Georgia.
Harry Shapiro
Start Date
Tenure
Tenure Rank
Sep 12, 2017
4.72
4.7%
Harry B. Shapiro is the Capital Structure Analyst. He joined the firm in 2005, and previously spent 15 years in the investment business at Deutsche Bank Alex Brown from 2002 to 2005, Lehman Brothers from 2001 to 2002, Bear Stearns from 1995 to 2001, and Merrill Lynch from 1990 to 1995. His responsibilities included advising institutional and high net worth clients on various issues regarding equity and fixed income portfolio management. He holds a BBA in International Business from the University of Georgia.
Michael McCarthy
Start Date
Tenure
Tenure Rank
Sep 12, 2017
4.72
4.7%
Michael A. McCarthy has served as Director of Research of the Company since 1990, and is a Chartered Financial Analyst. From 1985 until joining Shapiro in August 1990, he was a portfolio manager at Heilweil, Hollander & Jacobs in Atlanta. In 1987, he was appointed head portfolio manager at Heilweil, Hollander & Jacobs, where he was in charge of managing approximately $125 million. Mr. McCarthy has a BS in Chemical Engineering from the New Jersey Institute of Technology and a MS in Management from the Georgia Institute of Technology.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.01 | 16.42 |