American Beacon Intermediate Bd Inv
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
1.4%
3 Yr Avg Return
1.0%
5 Yr Avg Return
2.3%
Net Assets
$337 M
Holdings in Top 10
43.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.90%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 41.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ABIPX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 1.0%
- 5 Yr Annualized Total Return 2.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.83%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameAmerican Beacon Intermediate Bond Fund
-
Fund Family NameAmerican Beacon
-
Inception DateMar 02, 2009
-
Shares OutstandingN/A
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPatrick A. Sporl
Fund Description
ABIPX - Performance
Return Ranking - Trailing
Period | ABIPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -3.8% | 13.1% | N/A |
1 Yr | 1.4% | -9.8% | 7.5% | N/A |
3 Yr | 1.0%* | -4.2% | 4.7% | N/A |
5 Yr | 2.3%* | -8.5% | 23.6% | N/A |
10 Yr | 4.4%* | -7.3% | 26.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | ABIPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -22.2% | 3.1% | N/A |
2022 | N/A | -5.1% | 25.1% | N/A |
2021 | N/A | -8.5% | 192.8% | N/A |
2020 | N/A | -33.0% | 3.0% | N/A |
2019 | N/A | -29.8% | 32.1% | N/A |
Total Return Ranking - Trailing
Period | ABIPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -3.8% | 13.1% | N/A |
1 Yr | 1.4% | -9.8% | 10.2% | N/A |
3 Yr | 1.0%* | -4.2% | 6.9% | N/A |
5 Yr | 2.3%* | -8.2% | 28.6% | N/A |
10 Yr | 4.4%* | -7.3% | 26.4% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | ABIPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -22.2% | 7.9% | N/A |
2022 | N/A | -4.6% | 25.1% | N/A |
2021 | N/A | -4.1% | 204.3% | N/A |
2020 | N/A | -32.4% | 4.2% | N/A |
2019 | N/A | -29.8% | 32.1% | N/A |
ABIPX - Holdings
Concentration Analysis
ABIPX | Category Low | Category High | ABIPX % Rank | |
---|---|---|---|---|
Net Assets | 337 M | 330 K | 229 B | N/A |
Number of Holdings | 202 | 3 | 17358 | N/A |
Net Assets in Top 10 | 159 M | -28.8 B | 32.2 B | N/A |
Weighting of Top 10 | 43.18% | 4.0% | 1674.7% | N/A |
Top 10 Holdings
- US Treasury Note 2% 8.73%
- US Treasury Note 0.875% 7.38%
- US Treasury Note 2% 6.43%
- US Treasury Note 2.375% 4.92%
- US Treasury Note 1.625% 2.96%
- US Treasury Note 1.75% 2.87%
- US Treasury Note 1.375% 2.76%
- US Treasury Note 1.375% 2.72%
- Fed Natl Mort Assc 3.5% 2.27%
- US Treasury Note 2.5% 2.13%
Asset Allocation
Weighting | Return Low | Return High | ABIPX % Rank | |
---|---|---|---|---|
Bonds | 90.77% | 0.00% | 394.27% | N/A |
Cash | 9.23% | -539.21% | 70.47% | N/A |
Stocks | 0.00% | -3.42% | 96.77% | N/A |
Preferred Stocks | 0.00% | 0.00% | 20.33% | N/A |
Other | 0.00% | -98.58% | 236.55% | N/A |
Convertible Bonds | 0.00% | 0.00% | 18.42% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | ABIPX % Rank | |
---|---|---|---|---|
Government | 51.20% | -74.72% | 316.66% | N/A |
Securitized | 24.45% | 0.00% | 103.00% | N/A |
Corporate | 15.12% | 0.00% | 127.23% | N/A |
Cash & Equivalents | 9.23% | -532.79% | 70.33% | N/A |
Derivative | 0.00% | -234.33% | 48.69% | N/A |
Municipal | 0.00% | 0.00% | 102.07% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | ABIPX % Rank | |
---|---|---|---|---|
US | 87.38% | 0.00% | 219.16% | N/A |
Non US | 3.39% | -41.14% | 244.34% | N/A |
ABIPX - Expenses
Operational Fees
ABIPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.90% | 0.00% | 38.42% | N/A |
Management Fee | 0.20% | 0.00% | 2.15% | N/A |
12b-1 Fee | 0.00% | 0.00% | 1.00% | N/A |
Administrative Fee | 0.30% | 0.00% | 0.63% | N/A |
Sales Fees
ABIPX 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 | 0.15% | 5.50% | N/A |
Trading Fees
ABIPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 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.
ABIPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 41.00% | 0.00% | 2337.00% | N/A |
ABIPX - Distributions
Dividend Yield Analysis
ABIPX | Category Low | Category High | ABIPX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 8.86% | N/A |
Dividend Distribution Analysis
ABIPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
ABIPX | Category Low | Category High | ABIPX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.83% | -2.82% | 7.22% | N/A |
Capital Gain Distribution Analysis
ABIPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 30, 2015 | $0.004 | |
Oct 30, 2015 | $0.009 | |
Sep 30, 2015 | $0.014 | |
Aug 31, 2015 | $0.018 | |
Aug 03, 2015 | $0.018 | |
Jul 01, 2015 | $0.017 | |
Jun 01, 2015 | $0.017 | |
May 01, 2015 | $0.001 | |
Apr 01, 2015 | $0.018 | |
Mar 02, 2015 | $0.016 | |
Feb 02, 2015 | $0.018 | |
Jan 02, 2015 | $0.018 | |
Dec 01, 2014 | $0.018 | |
Nov 03, 2014 | $0.018 | |
Oct 01, 2014 | $0.018 | |
Sep 02, 2014 | $0.017 | |
Aug 01, 2014 | $0.018 | |
Jul 01, 2014 | $0.017 | |
Jun 02, 2014 | $0.017 | |
May 01, 2014 | $0.017 | |
Apr 01, 2014 | $0.018 | |
Mar 03, 2014 | $0.016 | |
Feb 03, 2014 | $0.018 | |
Jan 02, 2014 | $0.018 | |
Dec 02, 2013 | $0.018 | |
Nov 01, 2013 | $0.020 | |
Oct 01, 2013 | $0.020 | |
Sep 03, 2013 | $0.020 | |
Aug 01, 2013 | $0.021 | |
Jul 01, 2013 | $0.018 | |
Jun 03, 2013 | $0.019 | |
May 01, 2013 | $0.019 | |
Apr 01, 2013 | $0.019 | |
Mar 01, 2013 | $0.018 | |
Feb 01, 2013 | $0.018 | |
Jan 03, 2013 | $0.019 | |
Dec 03, 2012 | $0.020 | |
Nov 01, 2012 | $0.021 | |
Oct 01, 2012 | $0.020 | |
Sep 04, 2012 | $0.019 | |
Aug 01, 2012 | $0.018 | |
Jul 02, 2012 | $0.018 | |
Jun 01, 2012 | $0.023 | |
May 01, 2012 | $0.022 | |
Apr 02, 2012 | $0.022 | |
Mar 01, 2012 | $0.018 | |
Feb 01, 2012 | $0.016 | |
Jan 03, 2012 | $0.014 | |
Dec 01, 2011 | $0.023 | |
Nov 01, 2011 | $0.024 | |
Oct 03, 2011 | $0.024 | |
Sep 01, 2011 | $0.026 | |
Aug 01, 2011 | $0.025 | |
Jul 01, 2011 | $0.025 | |
Jun 01, 2011 | $0.026 | |
May 02, 2011 | $0.025 | |
Apr 01, 2011 | $0.026 | |
Mar 01, 2011 | $0.024 | |
Feb 01, 2011 | $0.026 | |
Jan 03, 2011 | $0.026 | |
Dec 01, 2010 | $0.025 | |
Nov 01, 2010 | $0.025 | |
Oct 01, 2010 | $0.021 | |
Sep 01, 2010 | $0.027 | |
Aug 02, 2010 | $0.024 | |
Jul 01, 2010 | $0.024 | |
Jun 01, 2010 | $0.028 | |
May 03, 2010 | $0.028 | |
Apr 01, 2010 | $0.029 | |
Mar 01, 2010 | $0.029 | |
Feb 01, 2010 | $0.032 | |
Jan 04, 2010 | $0.032 | |
Dec 01, 2009 | $0.032 | |
Nov 02, 2009 | $0.029 | |
Oct 01, 2009 | $0.034 | |
Sep 01, 2009 | $0.036 | |
Aug 03, 2009 | $0.035 | |
Jul 01, 2009 | $0.035 |
ABIPX - Fund Manager Analysis
Managers
Patrick A. Sporl
Start Date
Tenure
Tenure Rank
Jan 31, 1999
16.76
16.8%
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.
Adriana R. Posada
Start Date
Tenure
Tenure Rank
Oct 01, 1998
17.09
17.1%
Adriana Posada joined American Beacon in 1993 and serves as Senior Portfolio Manager, Asset Management Department at American Beacon. She is responsible for monitoring the external domestic equity and fixed income advisors to the American Beacon Funds and AMR’s pension plans. Ms. Posada is a Trustee of the Irving Firefighters Relief and Retirement Fund. Ms. Posada received her BS in Mathematics from the Universidad de Los Andes, MS in Mathematics from the University of Houston, and MS in Actuarial Science from the University of Michigan.
Mark C. Luchsinger
Start Date
Tenure
Tenure Rank
Dec 31, 1998
16.84
16.8%
Mr. Luchsinger joined Barrow, Hanley, Mewhinney & Strauss, LLC in 1997. He currently serves as a portfolio manager, specializing in investment-grade and high-yield corporate bond strategies, and is the lead portfolio manager for Core and Core Plus strategies. He is also a generalist in investment grade and high yield credit research. Mr. Luchsinger is a member of the CFA Institute and the CFA Society of Dallas-Fort Worth. During his 33-year investment career, Mr. Luchsinger has served as Chief Investment Officer for Great American Reserve Insurance Company, where he was responsible for the management of corporate, mortgage, and private placement fixed income, as well as equity assets. He has also served as senior investment portfolio manager for Western Preferred Corporation, managing their fixed income assets. Mr. Luchsinger began his career as a credit analyst for Scor Reinsurance Company. In addition, he spent 10 years in fixed income sales at First Boston Corporation, PaineWebber and Morgan Keegan. He earned a BBA from Bowling Green State University. Mr. Luchsinger has served as a portfolio manager for the Fund since 2010.
Deborah A. Petruzzelli
Start Date
Tenure
Tenure Rank
Dec 31, 2003
11.84
11.8%
Ms. Petruzzelli joined BHMS in May 2003 as a Portfolio Manager. Her primary area of responsibility is mortgage-backed, asset-backed, and commercial mortgage-backed securities, for which she serves as lead analyst and strategist. Ms. Petruzzelli also serves as a member of BHMS’s fixed income group’s investment strategy committee. She earned a BSBA in Business Administration from Bowling Green State University in 1986. During her 24-year investment career, Ms. Petruzzelli has served as managing director/senior portfolio manager for Victory Capital Management, Inc., where she was responsible for the management of ABS, CMBS, and whole-loan sectors for all client portfolios. Prior to joining Victory, she worked for McDonald & Company Securities, Inc., as senior vice president for ABS syndication and traded ABS, CMO, and MBS.
Erin Higginbotham
Start Date
Tenure
Tenure Rank
Mar 01, 2011
4.67
4.7%
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
3.67
3.7%
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.
Samuel Silver
Start Date
Tenure
Tenure Rank
Feb 28, 2014
1.67
1.7%
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 S. Williams
Start Date
Tenure
Tenure Rank
Sep 15, 1997
18.14
18.1%
Mr. Williams joined BHMS in 1983 to launch its fixed income management. Currently, he serves as the Chief Investment Officer for all fixed income strategies. In addition to developing portfolio strategy, he is responsible for risk management and assists on MBS sector management. While at BHMS, he has served on the United Asset Management Board and the Advisory Board for the Teacher Retirement System of Texas. He is a member of the CFA Institute and the CFA Society of Dallas-Fort Worth. During his 38-year investment career, he served as an investment officer for Southland Life Insurance Company, where he was a corporate bond portfolio manager and private placement analyst. Prior to that, he was a portfolio manager for taxable and tax-exempt fixed income, as well as equities, in the trust department at InterFirst Bank Dallas. He earned an MBA and a BBA, both with Honors, from Texas Christian University. Mr. Williams has served as a portfolio manager for the Fund since 2010.
David R. Hardin
Start Date
Tenure
Tenure Rank
Sep 15, 1997
18.14
18.1%
Mr. Hardin joined BHMS in 1987 as a portfolio manager. Currently, he serves as the lead portfolio manager for Intermediate and Short maturity strategies and is a generalist in fixed income credit research. He also manages BHMS’ municipal portfolios. Prior to joining BHMS, Mr. Hardin was vice president and director of the fixed income group in the trust department at Republic Bank Dallas. He was responsible for the management of all fixed income assets, created and managed SEC-registered mutual funds, and was the first portfolio manager for their high-yield corporate bond fund. Mr. Hardin began his 38-year investment career at American General Insurance Co. in Houston, where he served as a private placement portfolio manager and credit analyst. He received an M.Sc. from the London School of Economics and a BBA from Texas Christian University. Mr. Hardin has served as a portfolio manager for the Fund since 2010.
J. Scott McDonald
Start Date
Tenure
Tenure Rank
Dec 31, 1998
16.84
16.8%
Mr. McDonald joined BHMS in 1995. He currently serves as the lead portfolio manager for Long Duration strategies, specializing in corporate and government bonds. He is also a generalist in investment grade fixed income credit research. Mr. McDonald is a member of the CFA Institute and the CFA Society of Dallas-Fort Worth. During his 25-year investment career, Mr. McDonald previously served as senior vice president and portfolio manager at Life Partners Group, Inc., managing corporate bonds, private placements and mortgages. While with Life Partners, he was responsible for implementing the investment strategy for their life insurance and annuity assets. Prior to that, he was a credit supervisor and lending officer for Chase Bank of Texas. He received an MBA from the University of Texas and a BBA from Southern Methodist University. Mr. McDonald has served as a portfolio manager for the Fund since 2010.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 30.51 | 6.95 | 7.12 |