ATGUX: American Beacon TwentyFour Strat IncUltr

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

ATGUX American Beacon TwentyFour Strat IncUltr


Profile

ATGUX - Profile

Vitals

  • YTD Return 0.6%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $99.5 M
  • Holdings in Top 10 39.1%

52 WEEK LOW AND HIGH

$10.52
$9.81
$10.52

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.32%

SALES FEES

  • Front Load 2.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 198.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $350,000,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Multisector Bond

Distributions

  • YTD Total Return 0.6%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.33%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American Beacon TwentyFour Strategic Income Fund
  • Fund Family Name
    American Beacon
  • Inception Date
    Apr 03, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

Under normal circumstances, the fund invests primarily in fixed-income securities and derivatives that provide exposure to fixed-income securities. The fund's investments may include fixed-income instruments of any maturity or duration. It may invest in other investment companies, including ETFs and money market funds, REITs and restricted securities. The fund may invest a significant portion of its total assets in non-investment grade securities, and in U.S. Treasury obligations.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

ATGUX - Performance

Return Ranking - Trailing

Period ATGUX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -55.0% 6.8% 4.75%
1 Yr 7.7% -55.3% 10.9% 2.23%
3 Yr N/A* -38.0% 4.9% N/A
5 Yr N/A* -32.7% 17.8% N/A
10 Yr N/A* -5.2% 0.9% N/A

* Annualized

Return Ranking - Calendar

Period ATGUX Return Category Return Low Category Return High Rank in Category (%)
2019 8.1% -35.1% 15.3% 11.05%
2018 -6.4% -48.0% 0.8% 62.38%
2017 N/A -14.8% 11.2% N/A
2016 N/A -11.2% 19.1% N/A
2015 N/A -51.1% 4.0% N/A

Total Return Ranking - Trailing

Period ATGUX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -55.0% 6.8% 4.75%
1 Yr 7.7% -55.3% 6.2% 1.68%
3 Yr N/A* -38.0% 3.6% N/A
5 Yr N/A* -32.7% 17.8% N/A
10 Yr N/A* -5.2% 5.4% N/A

* Annualized

Total Return Ranking - Calendar

Period ATGUX Return Category Return Low Category Return High Rank in Category (%)
2019 8.1% -35.1% 15.3% 11.34%
2018 -6.4% -48.0% 4.8% 73.04%
2017 N/A -14.8% 14.0% N/A
2016 N/A -11.2% 22.5% N/A
2015 N/A -51.1% 4.0% N/A

NAV & Total Return History


Holdings

ATGUX - Holdings

Concentration Analysis

ATGUX Category Low Category High ATGUX % Rank
Net Assets 99.5 M 6.88 M 120 B 74.79%
Number of Holdings 128 6 7819 82.24%
Net Assets in Top 10 26.1 M -201 M 5.37 B 66.67%
Weighting of Top 10 39.13% 5.8% 214.0% 34.27%

Top 10 Holdings

  1. United States Treasury Notes 1.75% 9.71%
  2. United States Treasury Notes 2.12% 7.73%
  3. United States Treasury Notes 2.62% 6.45%
  4. United States Treasury Notes 1.12% 3.88%
  5. Spain (Kingdom of) 1.85% 2.55%
  6. United States Treasury Bonds 2.25% 2.05%
  7. Nationwide Bldg Society Jr Subordina Regs 06/49 Var 1.92%
  8. Halcyon Loan Advisors European Funding 2018-1 DAC 5.13% 1.83%
  9. Dryden 39 Euro CLO 2015 B.V. 4.97% 1.55%
  10. Lloyds Bk 13% 1.46%

Asset Allocation

Weighting Return Low Return High ATGUX % Rank
Bonds
87.87% 9.56% 233.78% 70.38%
Cash
6.43% -144.73% 61.37% 43.72%
Convertible Bonds
5.71% 0.00% 15.09% 6.01%
Stocks
0.00% -0.56% 15.10% 94.57%
Preferred Stocks
0.00% 0.00% 79.92% 97.54%
Other
0.00% -8.59% 30.55% 89.07%

Bond Sector Breakdown

Weighting Return Low Return High ATGUX % Rank
Corporate
45.50% 0.00% 93.46% 54.92%
Government
35.41% 0.00% 99.82% 8.47%
Cash & Equivalents
6.43% 0.12% 45.23% 50.55%
Securitized
4.88% 0.00% 99.12% 85.25%
Derivative
0.00% -0.44% 43.88% 95.63%
Municipal
0.00% 0.00% 34.19% 95.36%

Bond Geographic Breakdown

Weighting Return Low Return High ATGUX % Rank
Non US
46.31% -46.36% 71.44% 5.46%
US
41.56% 5.88% 233.33% 94.26%

Expenses

ATGUX - Expenses

Operational Fees

ATGUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.32% 0.06% 24.26% 44.57%
Management Fee 0.67% 0.00% 2.25% 68.32%
12b-1 Fee 0.00% 0.00% 1.00% 14.90%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

ATGUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.50% 1.00% 5.75% 83.56%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

ATGUX 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.

ATGUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 198.00% 0.00% 421.00% 91.35%

Distributions

ATGUX - Distributions

Dividend Yield Analysis

ATGUX Category Low Category High ATGUX % Rank
Dividend Yield 0.00% 0.00% 4.72% 95.04%

Dividend Distribution Analysis

ATGUX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

ATGUX Category Low Category High ATGUX % Rank
Net Income Ratio 4.33% 1.07% 18.14% 27.22%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

ATGUX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 29.15 5.77 5.5