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Trending ETFs

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

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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

N/A
N/A
N/A

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 of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

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%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American Beacon Retirement Income and Appreciation Fund
  • Fund Family Name
    American Beacon
  • Inception Date
    Sep 01, 2010
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Patrick 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

  1. US Treasury Note 2.375% 6.41%
  2. US Treasury Note 2% 6.20%
  3. FHLMC 4% 4.58%
  4. FHLMC 4.5% 4.00%
  5. FNMA 4.5% 2.67%
  6. Midamerican Engy Hldgs New 6.125% 2.17%
  7. FNMA 4% 2.16%
  8. Citigroup 5.875% 2.11%
  9. Johnson Ctls 5% 2.00%
  10. 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

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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