American Beacon Crsnt ShrtDurHiInc R5
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-8.9%
1 yr return
-7.6%
3 Yr Avg Return
-4.0%
5 Yr Avg Return
-2.3%
Net Assets
$41.1 M
Holdings in Top 10
13.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.15%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 91.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ACHIX - Profile
Distributions
- YTD Total Return -8.9%
- 3 Yr Annualized Total Return -4.0%
- 5 Yr Annualized Total Return -2.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 4.62%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameAmerican Beacon Crescent Short Duration High Income Fund
-
Fund Family NameAmerican Beacon
-
Inception DateOct 01, 2014
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerConrad Chen
Fund Description
ACHIX - Performance
Return Ranking - Trailing
Period | ACHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -8.9% | -50.6% | 7.3% | 90.46% |
1 Yr | -7.6% | -49.8% | 6.6% | 84.56% |
3 Yr | -4.0%* | -22.6% | 5.4% | 74.24% |
5 Yr | -2.3%* | -14.1% | 3.3% | 72.02% |
10 Yr | -5.9%* | -6.3% | 6.4% | 97.09% |
* Annualized
Return Ranking - Calendar
Period | ACHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.3% | -6.2% | 23.9% | 72.73% |
2022 | -6.7% | -18.4% | 0.0% | 23.75% |
2021 | -0.3% | -9.5% | 6.3% | 84.62% |
2020 | 5.3% | -0.8% | 28.6% | 81.90% |
2019 | -6.0% | -34.3% | 3.5% | 16.85% |
Total Return Ranking - Trailing
Period | ACHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -8.9% | -50.6% | 7.3% | 90.46% |
1 Yr | -7.6% | -49.8% | 6.6% | 84.56% |
3 Yr | -4.0%* | -22.6% | 5.4% | 76.86% |
5 Yr | -2.3%* | -14.0% | 5.6% | 73.58% |
10 Yr | -5.9%* | -6.0% | 6.4% | 99.03% |
* Annualized
Total Return Ranking - Calendar
Period | ACHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.3% | -6.2% | 23.9% | 72.73% |
2022 | -6.7% | -18.4% | 1.3% | 35.00% |
2021 | -0.3% | -8.5% | 10.5% | 90.05% |
2020 | 5.3% | -0.8% | 39.0% | 89.52% |
2019 | -6.0% | -32.4% | 3.5% | 23.91% |
ACHIX - Holdings
Concentration Analysis
ACHIX | Category Low | Category High | ACHIX % Rank | |
---|---|---|---|---|
Net Assets | 41.1 M | 1.85 M | 10.6 B | 80.08% |
Number of Holdings | 319 | 3 | 1825 | 35.45% |
Net Assets in Top 10 | 7.69 M | -114 M | 1.17 B | 76.12% |
Weighting of Top 10 | 13.29% | 5.1% | 99.0% | 60.45% |
Top 10 Holdings
- CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.38% 1.95%
- Tenet Healthcare Corporation 6.25% 1.68%
- Navient Corporation 6.12% 1.56%
- Kraft Heinz Foods Company 3% 1.39%
- Sprint Corporation 7.25% 1.25%
- DISH DBS Corporation 5.88% 1.22%
- Dell International L.L.C. and EMC Corporation 7.12% 1.16%
- FREEPORT-MCMORAN INC 5% 1.04%
- Sprint Corporation 6% 1.03%
- Bausch Health Companies Inc 7% 1.01%
Asset Allocation
Weighting | Return Low | Return High | ACHIX % Rank | |
---|---|---|---|---|
Bonds | 79.79% | 6.29% | 135.89% | 82.22% |
Cash | 20.21% | -41.66% | 82.83% | 7.46% |
Stocks | 0.00% | -15.92% | 22.69% | 72.22% |
Preferred Stocks | 0.00% | 0.00% | 10.37% | 58.58% |
Other | 0.00% | -6.75% | 30.38% | 51.87% |
Convertible Bonds | 0.00% | 0.00% | 16.78% | 83.58% |
Bond Sector Breakdown
Weighting | Return Low | Return High | ACHIX % Rank | |
---|---|---|---|---|
Corporate | 79.79% | 0.00% | 100.00% | 66.67% |
Cash & Equivalents | 20.21% | -9.91% | 86.20% | 9.74% |
Derivative | 0.00% | 0.00% | 58.52% | 51.31% |
Securitized | 0.00% | 0.00% | 88.54% | 65.92% |
Municipal | 0.00% | 0.00% | 0.34% | 40.07% |
Government | 0.00% | 0.00% | 74.59% | 70.41% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | ACHIX % Rank | |
---|---|---|---|---|
US | 73.90% | 6.29% | 100.45% | 38.43% |
Non US | 5.89% | 0.00% | 72.08% | 86.94% |
ACHIX - Expenses
Operational Fees
ACHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.15% | 0.04% | 7.50% | 54.86% |
Management Fee | 0.75% | 0.00% | 1.84% | 77.70% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 6.16% |
Administrative Fee | N/A | 0.00% | 0.50% | 95.18% |
Sales Fees
ACHIX 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
ACHIX 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.
ACHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 91.00% | 1.88% | 484.00% | 82.95% |
ACHIX - Distributions
Dividend Yield Analysis
ACHIX | Category Low | Category High | ACHIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.48% | 37.13% |
Dividend Distribution Analysis
ACHIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
ACHIX | Category Low | Category High | ACHIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.62% | -0.81% | 9.20% | 69.23% |
Capital Gain Distribution Analysis
ACHIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2019 | $0.040 | |
Mar 01, 2019 | $0.036 | |
Feb 01, 2019 | $0.040 | |
Jan 02, 2019 | $0.041 | |
Dec 21, 2018 | $0.004 | |
Dec 03, 2018 | $0.040 | |
Nov 01, 2018 | $0.042 | |
Sep 04, 2018 | $0.041 | |
Aug 01, 2018 | $0.041 | |
Jul 02, 2018 | $0.039 | |
Jun 01, 2018 | $0.041 | |
May 01, 2018 | $0.039 | |
Apr 02, 2018 | $0.039 | |
Mar 01, 2018 | $0.036 | |
Feb 01, 2018 | $0.040 | |
Jan 02, 2018 | $0.040 | |
Dec 01, 2017 | $0.039 | |
Nov 01, 2017 | $0.039 | |
Oct 02, 2017 | $0.039 | |
Sep 01, 2017 | $0.040 | |
Aug 01, 2017 | $0.040 | |
Jul 03, 2017 | $0.038 | |
Jun 01, 2017 | $0.038 | |
May 01, 2017 | $0.036 | |
Apr 03, 2017 | $0.043 | |
Mar 01, 2017 | $0.038 | |
Feb 01, 2017 | $0.040 | |
Jan 03, 2017 | $0.039 | |
Dec 01, 2016 | $0.038 | |
Nov 01, 2016 | $0.042 | |
Oct 03, 2016 | $0.039 | |
Sep 01, 2016 | $0.040 | |
Aug 01, 2016 | $0.040 | |
Jul 01, 2016 | $0.039 | |
Jun 01, 2016 | $0.040 | |
May 02, 2016 | $0.036 | |
Apr 01, 2016 | $0.037 | |
Mar 01, 2016 | $0.035 | |
Feb 02, 2016 | $0.036 | |
Jan 05, 2016 | $0.037 | |
Nov 30, 2015 | $0.038 | |
Oct 30, 2015 | $0.040 | |
Sep 30, 2015 | $0.037 | |
Aug 31, 2015 | $0.039 | |
Aug 03, 2015 | $0.037 | |
Jul 01, 2015 | $0.038 | |
Jun 01, 2015 | $0.043 | |
May 01, 2015 | $0.001 | |
Apr 01, 2015 | $0.044 | |
Mar 02, 2015 | $0.039 | |
Feb 02, 2015 | $0.046 | |
Jan 02, 2015 | $0.045 | |
Dec 01, 2014 | $0.041 | |
Nov 03, 2014 | $0.025 |
ACHIX - 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.
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.
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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 31.02 | 6.0 | 2.75 |