American Beacon Retire Inc & Apprec C
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
-4.5%
3 Yr Avg Return
0.8%
5 Yr Avg Return
1.9%
Net Assets
$13 M
Holdings in Top 10
34.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.91%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 55.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ABACX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 0.8%
- 5 Yr Annualized Total Return 1.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.69%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameAmerican Beacon Retirement Income and Appreciation Fund
-
Fund Family NameAmerican Beacon
-
Inception DateSep 01, 2010
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPatrick A. Sporl
Fund Description
ABACX - Performance
Return Ranking - Trailing
Period | ABACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 5.6% | 19.4% | N/A |
1 Yr | -4.5% | -9.4% | 3.7% | N/A |
3 Yr | 0.8%* | -6.2% | 5.1% | N/A |
5 Yr | 1.9%* | -4.1% | 2.5% | N/A |
10 Yr | 3.3%* | -2.9% | 7.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | ABACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -17.9% | -3.6% | N/A |
2022 | N/A | -12.3% | 18.5% | N/A |
2021 | N/A | -2.5% | 4.4% | N/A |
2020 | N/A | -15.0% | -0.3% | N/A |
2019 | N/A | -6.5% | 6.0% | N/A |
Total Return Ranking - Trailing
Period | ABACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 5.6% | 19.4% | N/A |
1 Yr | -5.3% | -9.4% | 5.9% | N/A |
3 Yr | 0.8%* | -6.2% | 9.4% | N/A |
5 Yr | 1.9%* | -4.1% | 6.7% | N/A |
10 Yr | 3.3%* | -2.9% | 10.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | ABACX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -17.9% | -0.9% | N/A |
2022 | N/A | -12.3% | 22.8% | N/A |
2021 | N/A | -1.4% | 8.9% | N/A |
2020 | N/A | -8.3% | 0.7% | N/A |
2019 | N/A | -5.5% | 7.9% | N/A |
ABACX - Holdings
Concentration Analysis
ABACX | Category Low | Category High | ABACX % Rank | |
---|---|---|---|---|
Net Assets | 13 M | 10.8 M | 16.8 B | N/A |
Number of Holdings | 113 | 2 | 139 | N/A |
Net Assets in Top 10 | 5.56 M | 9.33 M | 16.3 B | N/A |
Weighting of Top 10 | 34.27% | 60.8% | 104.7% | N/A |
Top 10 Holdings
- US Treasury Note 2.375% 6.41%
- US Treasury Note 2% 6.20%
- FHLMC 4% 4.58%
- FHLMC 4.5% 4.00%
- FNMA 4.5% 2.67%
- Midamerican Engy Hldgs New 6.125% 2.17%
- FNMA 4% 2.16%
- Citigroup 5.875% 2.11%
- Johnson Ctls 5% 2.00%
- Wells Fargo Co Mtn Be 3.9% 1.97%
Asset Allocation
Weighting | Return Low | Return High | ABACX % Rank | |
---|---|---|---|---|
Bonds | 62.52% | 0.00% | 80.99% | N/A |
Cash | 15.69% | -3.88% | 22.70% | N/A |
Convertible Bonds | 15.15% | 0.00% | 1.49% | N/A |
Preferred Stocks | 4.85% | 0.00% | 1.56% | N/A |
Stocks | 1.43% | 16.13% | 98.33% | N/A |
Other | 0.36% | -2.20% | 15.07% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | ABACX % Rank | |
---|---|---|---|---|
Healthcare | 0.41% | 0.08% | 12.49% | N/A |
Consumer Defense | 0.34% | 0.05% | 7.58% | N/A |
Industrials | 0.26% | 0.48% | 11.50% | N/A |
Consumer Cyclical | 0.26% | 0.08% | 13.65% | N/A |
Utilities | 0.16% | 0.02% | 2.98% | N/A |
Technology | 0.00% | 0.04% | 19.63% | N/A |
Real Estate | 0.00% | 0.36% | 9.50% | N/A |
Financial Services | 0.00% | 0.44% | 16.26% | N/A |
Energy | 0.00% | 0.06% | 5.68% | N/A |
Communication Services | 0.00% | -0.87% | 2.30% | N/A |
Basic Materials | 0.00% | 0.18% | 4.89% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ABACX % Rank | |
---|---|---|---|---|
US | 1.43% | 6.79% | 63.66% | N/A |
Non US | 0.00% | 1.29% | 34.67% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | ABACX % Rank | |
---|---|---|---|---|
Corporate | 44.95% | 0.01% | 37.98% | N/A |
Securitized | 23.88% | 0.00% | 33.10% | N/A |
Cash & Equivalents | 15.58% | -39.36% | 22.91% | N/A |
Government | 13.80% | 0.00% | 68.89% | N/A |
Derivative | 0.00% | -3.60% | 9.90% | N/A |
Municipal | 0.00% | 0.00% | 3.02% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | ABACX % Rank | |
---|---|---|---|---|
US | 58.78% | 0.00% | 74.88% | N/A |
Non US | 3.74% | 0.00% | 22.13% | N/A |
ABACX - Expenses
Operational Fees
ABACX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.91% | 0.00% | 3.76% | N/A |
Management Fee | 0.31% | 0.00% | 0.77% | N/A |
12b-1 Fee | 1.00% | 0.00% | 1.00% | N/A |
Administrative Fee | 0.30% | 0.00% | 0.40% | N/A |
Sales Fees
ABACX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.25% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 5.00% | N/A |
Trading Fees
ABACX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 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.
ABACX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 55.00% | 1.00% | 172.00% | N/A |
ABACX - Distributions
Dividend Yield Analysis
ABACX | Category Low | Category High | ABACX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.13% | N/A |
Dividend Distribution Analysis
ABACX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
ABACX | Category Low | Category High | ABACX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.69% | -0.32% | 4.60% | N/A |
Capital Gain Distribution Analysis
ABACX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Semi-Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2016 | $0.003 | |
Mar 01, 2016 | $0.007 | |
Dec 23, 2015 | $0.483 | |
Nov 30, 2015 | $0.008 | |
Oct 30, 2015 | $0.006 | |
Sep 30, 2015 | $0.008 | |
Aug 31, 2015 | $0.007 | |
Aug 03, 2015 | $0.006 | |
Jul 01, 2015 | $0.006 | |
Jun 01, 2015 | $0.006 | |
May 01, 2015 | $0.000 | |
Apr 01, 2015 | $0.007 | |
Mar 02, 2015 | $0.006 | |
Feb 02, 2015 | $0.007 | |
Jan 02, 2015 | $0.006 | |
Dec 01, 2014 | $0.006 | |
Nov 03, 2014 | $0.006 | |
Oct 01, 2014 | $0.007 | |
Sep 02, 2014 | $0.006 | |
Aug 01, 2014 | $0.009 | |
Jul 01, 2014 | $0.008 | |
Jun 02, 2014 | $0.007 | |
May 01, 2014 | $0.009 | |
Apr 01, 2014 | $0.006 | |
Mar 03, 2014 | $0.006 | |
Feb 03, 2014 | $0.005 | |
Jan 02, 2014 | $0.004 | |
Dec 02, 2013 | $0.003 | |
Nov 01, 2013 | $0.006 | |
Oct 01, 2013 | $0.006 | |
Sep 03, 2013 | $0.006 | |
Aug 01, 2013 | $0.006 | |
Jul 01, 2013 | $0.006 | |
Jun 03, 2013 | $0.005 | |
May 01, 2013 | $0.007 | |
Apr 01, 2013 | $0.008 | |
Mar 01, 2013 | $0.010 | |
Feb 01, 2013 | $0.011 | |
Jan 03, 2013 | $0.012 | |
Dec 03, 2012 | $0.007 | |
Nov 01, 2012 | $0.011 | |
Oct 01, 2012 | $0.010 | |
Sep 04, 2012 | $0.010 | |
Aug 01, 2012 | $0.010 | |
Jul 02, 2012 | $0.010 | |
Jun 01, 2012 | $0.012 | |
May 01, 2012 | $0.011 | |
Apr 02, 2012 | $0.009 | |
Mar 01, 2012 | $0.010 | |
Feb 01, 2012 | $0.011 | |
Jan 03, 2012 | $0.011 | |
Dec 01, 2011 | $0.012 | |
Nov 01, 2011 | $0.011 | |
Oct 03, 2011 | $0.011 | |
Sep 01, 2011 | $0.012 | |
Aug 01, 2011 | $0.009 | |
Jul 01, 2011 | $0.010 | |
Jun 01, 2011 | $0.012 | |
May 02, 2011 | $0.013 | |
Apr 01, 2011 | $0.010 | |
Mar 01, 2011 | $0.013 | |
Feb 01, 2011 | $0.012 | |
Jan 03, 2011 | $0.012 | |
Dec 01, 2010 | $0.014 | |
Nov 01, 2010 | $0.010 |
ABACX - Fund Manager Analysis
Managers
Patrick A. Sporl
Start Date
Tenure
Tenure Rank
Jul 01, 2003
12.67
12.7%
Patrick Sporl serves as a Senior Portfolio Manager for intermediate and short-term bond portfolios. Mr. Sporl joined American Beacon in February 1996. Prior to American Beacon, Mr. Sporl worked in the Controller’s Department of American Airlines and as a Staff Auditor for Deloitte & Touche in San Francisco. He has a BS in Business Administration from the University of the Pacific and received his MBA in Finance from the University of Texas at Arlington in 1997. Mr. Sporl is an inactive CPA and is a CFA charterholder.
Cynthia M. Thatcher
Start Date
Tenure
Tenure Rank
Jul 01, 2003
12.67
12.7%
Cynthia Thatcher joined American Beacon Advisors, Inc. in December 1999 and serves as Portfolio Manager, Asset Management. Ms. Thatcher is responsible for Trust Department activities associated with AMR’s $uper $aver 401(k) plan, several American Beacon Funds and securities lending for both the AMR pension plans and the American Beacon Funds. Ms. Thatcher's professional experience includes eight years as a financial consultant and more recently, sales planning at Sabre, Inc. Ms. Thatcher has a BA in Mathematics from Indiana University and an MBA with Honors in Finance from the University of Dallas.
Jon Vacko
Start Date
Tenure
Tenure Rank
Dec 31, 2013
2.16
2.2%
Jon Vacko joined CALAMOS ADVISORS in 2000 and has been a Co-Portfolio Manager, Co-Head of Research since August 2013. Previously, he was a Co-Head of Research and Investments from July 2010 to August 2013. Prior thereto he was a senior strategy analyst between July 2002 and July 2010. Jon Vacko is a Senior Vice President and Co-Portfolio Manager on the Calamos Growth/Fixed Income Team. He is currently responsible for portfolio management and research. He is also a member of the Investment Committee. Prior to joining Calamos, Mr. Vacko was a credit analyst with Duff & Phelps Credit Rating (now part of Fitch Ratings) in the Financial Institutions Group. Previously, he served as an Examiner with the Federal Reserve Bank of Chicago. Mr. Vacko is also a CFA charterholder and a member of the CFA Institute.
John Hillenbrand
Start Date
Tenure
Tenure Rank
Dec 31, 2003
12.17
12.2%
John Hillenbrand is a Senior Vice President and Co-Portfolio Manager on the Growth/Fixed Income Team and is a member of the Investment Committee. He is one of the Investment Team leaders responsible for analysis and research. Prior to joining Calamos, Mr. Hillenbrand served as an equity research analyst at Credit Suisse First Boston. Previously, he worked as an analyst at ABN AMRO. Mr. Hillenbrand is also a Certified Public Accountant (CPA).
Erin Higginbotham
Start Date
Tenure
Tenure Rank
Mar 01, 2011
5.0
5.0%
Ms. Higginbotham has served as Portfolio Manager since February 2011. She has responsibility for credit and relative value analysis of corporate bonds. Ms. Higginbotham managed enhanced cash and money market portfolios at American Beacon Advisors and has been a Portfolio Manager since April 2003.
Gene L. Needles
Start Date
Tenure
Tenure Rank
Feb 29, 2012
4.0
4.0%
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.
Nick Niziolek
Start Date
Tenure
Tenure Rank
Dec 31, 2013
2.16
2.2%
Nick Niziolek joined Calamos in March 2005 and has been a Co-Portfolio Manager, Co-Head of Research since August 2013. Between March 2013 and August 2013 he was a Co-Portfolio Manager. Between March 2005 and March 2013 he was a senior strategy analyst. Mr. Niziolek is a CFA charterholder and a member of the CFA Institute.
Eli Pars
Start Date
Tenure
Tenure Rank
Dec 31, 2013
2.16
2.2%
Eli Pars is a Senior Vice President and Co-Portfolio Manager on the Growth/Fixed Income Team, focused on Global Convertibles. He has extensive research and portfolio management experience in convertible securities and convertible arbitrage strategies. Prior to returning to Calamos, Mr. Pars was a Portfolio Manager at Chicago Fundamental Investment Partners, where he co-managed a convertible arbitrage portfolio. Previously, he held senior roles at Mulligan Partners LLC, Ritchie Capital and SAM Investments/The Hampshire Company. Earlier in his career, Mr. Pars was a Vice President and Assistant Portfolio Manager at Calamos. Mr. Pars is a CFA charterholder and a member of the CFA Institute.
Samuel Silver
Start Date
Tenure
Tenure Rank
Feb 28, 2014
2.0
2.0%
Samuel Silver oversees the team responsible for the portfolio management of the American Beacon Short-Term Bond Fund and a portion of the fixed-income assets of the American Beacon Balanced Fund, American Beacon Retirement Income and Appreciation Fund, and American Beacon Intermediate Bond Fund. Mr. Silver has been with the Manager since September 1999 and has served as Vice President, Fixed Income Investments since October 2011. Prior to October 2011, Mr. Silver was a Senior Portfolio Manager, Fixed Income Investments. The team responsible for the day-to-day portfolio management of the American Beacon Balanced Fund, American Beacon Retirement Income and Appreciation Fund, American Beacon Intermediate Bond Fund and American Beacon Short-Term Bond Fund includes Patrick A. Sporl and Erin Higginbotham.
John P. Calamos
Start Date
Tenure
Tenure Rank
Jul 01, 2003
12.67
12.7%
John P. Calamos is the founder of CALAMOS ASSET MANAGEMENT, INC., the 16th largest money manager in Chicagoland. The firm offers institutional and individual investors a breadth of strategies through both individually managed portfolios and mutual funds. Mr. Calamos received his undergraduate degree in Economics and MBA in Finance from the Illinois Institute of Technology. Joining the United States Air Force after graduation, he served as a combat pilot during the Vietnam War and ultimately earned the rank of Major. Following his military service, John devoted his entire professional career to investment management and research, establishing his own firm in 1977. Mr. Calamos is a member of the Investment Analysts Society of Chicago and has taught graduate level courses on finance and investments. Mr. Calamos has written two books: Investing in Convertible Securities: Your Complete Guide to the Risks and Rewards, and Convertible Securities: the Latest Instruments, Portfolio Strategies, and Valuation Analysis, along with numerous articles in various financial journals. He is often quoted in the press, including The Wall Street Journal, Investor’s Business Daily, Barron’s, Fortune, BusinessWeek and Pensions & Investments. He has appeared on CNBC, CNNfn, Louis Rukeyser's Wall Street and Nightly Business Report.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 16.76 | 7.04 | 9.84 |