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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

-8.9%

1 yr return

-7.6%

3 Yr Avg Return

-4.1%

5 Yr Avg Return

-2.3%

Net Assets

$41.1 M

Holdings in Top 10

13.3%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.24%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 91.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$100,000

IRA

N/A


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.

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ACHYX - Profile

Distributions

  • YTD Total Return -8.9%
  • 3 Yr Annualized Total Return -4.1%
  • 5 Yr Annualized Total Return -2.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.52%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American Beacon Crescent Short Duration High Income Fund
  • Fund Family Name
    American Beacon
  • Inception Date
    Oct 01, 2014
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Conrad Chen

Fund Description


ACHYX - Performance

Return Ranking - Trailing

Period ACHYX Return Category Return Low Category Return High Rank in Category (%)
YTD -8.9% -50.6% 7.3% 91.22%
1 Yr -7.6% -49.8% 6.6% 85.33%
3 Yr -4.1%* -22.6% 5.4% 75.98%
5 Yr -2.3%* -14.1% 3.3% 73.06%
10 Yr -1.0%* -6.3% 6.4% 56.31%

* Annualized

Return Ranking - Calendar

Period ACHYX Return Category Return Low Category Return High Rank in Category (%)
2023 5.3% -6.2% 23.9% 72.33%
2022 -6.7% -18.4% 0.0% 24.58%
2021 -0.3% -9.5% 6.3% 85.52%
2020 5.3% -0.8% 28.6% 81.43%
2019 -6.1% -34.3% 3.5% 19.02%

Total Return Ranking - Trailing

Period ACHYX Return Category Return Low Category Return High Rank in Category (%)
YTD -8.9% -50.6% 7.3% 91.22%
1 Yr -7.6% -49.8% 6.6% 85.33%
3 Yr -4.1%* -22.6% 5.4% 78.60%
5 Yr -2.3%* -14.0% 5.6% 74.61%
10 Yr -1.0%* -6.0% 6.4% 66.99%

* Annualized

Total Return Ranking - Calendar

Period ACHYX Return Category Return Low Category Return High Rank in Category (%)
2023 5.3% -6.2% 23.9% 72.33%
2022 -6.7% -18.4% 1.3% 35.83%
2021 -0.3% -8.5% 10.5% 90.95%
2020 5.3% -0.8% 39.0% 89.05%
2019 -6.1% -32.4% 3.5% 26.09%

ACHYX - Holdings

Concentration Analysis

ACHYX Category Low Category High ACHYX % Rank
Net Assets 41.1 M 1.85 M 10.6 B 81.58%
Number of Holdings 319 3 1825 36.94%
Net Assets in Top 10 7.69 M -114 M 1.17 B 77.61%
Weighting of Top 10 13.29% 5.1% 99.0% 61.94%

Top 10 Holdings

  1. CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.38% 1.95%
  2. Tenet Healthcare Corporation 6.25% 1.68%
  3. Navient Corporation 6.12% 1.56%
  4. Kraft Heinz Foods Company 3% 1.39%
  5. Sprint Corporation 7.25% 1.25%
  6. DISH DBS Corporation 5.88% 1.22%
  7. Dell International L.L.C. and EMC Corporation 7.12% 1.16%
  8. FREEPORT-MCMORAN INC 5% 1.04%
  9. Sprint Corporation 6% 1.03%
  10. Bausch Health Companies Inc 7% 1.01%

Asset Allocation

Weighting Return Low Return High ACHYX % Rank
Bonds
79.79% 6.29% 135.89% 83.70%
Cash
20.21% -41.66% 82.83% 8.96%
Stocks
0.00% -15.92% 22.69% 87.78%
Preferred Stocks
0.00% 0.00% 10.37% 83.21%
Other
0.00% -6.75% 30.38% 75.75%
Convertible Bonds
0.00% 0.00% 16.78% 91.04%

Bond Sector Breakdown

Weighting Return Low Return High ACHYX % Rank
Corporate
79.79% 0.00% 100.00% 68.16%
Cash & Equivalents
20.21% -9.91% 86.20% 11.24%
Derivative
0.00% 0.00% 58.52% 76.03%
Securitized
0.00% 0.00% 88.54% 88.39%
Municipal
0.00% 0.00% 0.34% 74.16%
Government
0.00% 0.00% 74.59% 86.14%

Bond Geographic Breakdown

Weighting Return Low Return High ACHYX % Rank
US
73.90% 6.29% 100.45% 39.93%
Non US
5.89% 0.00% 72.08% 88.43%

ACHYX - Expenses

Operational Fees

ACHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.24% 0.04% 7.50% 51.36%
Management Fee 0.75% 0.00% 1.84% 81.78%
12b-1 Fee 0.00% 0.00% 1.00% 12.33%
Administrative Fee N/A 0.00% 0.50% 96.39%

Sales Fees

ACHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ACHYX 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.

ACHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 91.00% 1.88% 484.00% 84.50%

ACHYX - Distributions

Dividend Yield Analysis

ACHYX Category Low Category High ACHYX % Rank
Dividend Yield 0.00% 0.00% 2.48% 72.79%

Dividend Distribution Analysis

ACHYX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

ACHYX Category Low Category High ACHYX % Rank
Net Income Ratio 4.52% -0.81% 9.20% 70.77%

Capital Gain Distribution Analysis

ACHYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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ACHYX - Fund Manager Analysis

Managers

Conrad Chen


Start Date

Tenure

Tenure Rank

Oct 01, 2014

5.75

5.8%

Conrad E. Chen joined Crescent in 2004 and is a Managing Director and Portfolio Manager. Prior to joining Crescent, he was an Associate with Standard Capital Group, Inc., an investment banking firm specializing in middle market debt and equity financings. Mr. Chen began his investment career in 1996 as a Mergers and Acquisitions Analyst with Gleacher & Co.

Wayne Hosang


Start Date

Tenure

Tenure Rank

Oct 01, 2014

5.75

5.8%

Wayne Hosang is a Managing Director and Portfolio Manager in the Bank Loan strategy of Crescent Capital. Mr. Hosang has been a Portfolio Manager since January 1, 2014, and a Senior Vice President and Assistant Portfolio Manager since the founding of Crescent Capital on January 1, 2011. Prior to joining Crescent Capital, Mr. Hosang was Senior Vice President and research analyst in TCW’s Leveraged Finance Group. Prior to joining the Crescent team in 2005, he spent four years in Corporate Banking at Société Générale where he managed the bank’s credit exposure to corporate clients with a focus on the integrated utility sector during his final two years. From 1993 to 2000, he worked in the loan restructuring and workout groups at TD Securities (USA), Bank of Tokyo-Mitsubishi, and Merrill Lynch & Company.

John Fekete


Start Date

Tenure

Tenure Rank

Oct 01, 2014

5.75

5.8%

John A. Fekete joined Crescent in 2001 and is a Managing Director and a member of Crescent’s Management Committee. He is the Lead Portfolio Manager of Crescent’s High Yield Bond strategy and a Portfolio Manager of the Bank Loan strategy. Prior to joining the team in 2001, Mr. Fekete was a high yield research analyst at Triton Partners in New York City where he was responsible for investments in the gaming, lodging, telecommunications and cable television industries. He began his career at Philadelphia-based CoreStates Bank, where he served as a credit analyst in 1994. Mr. Fekete received an M.B.A. with distinction from Cornell University and a B.S. in Finance from The College of New Jersey.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 31.02 6.0 2.75