AZSAX: American Beacon Zebra Small Cap Eq A

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AZSAX American Beacon Zebra Small Cap Eq A


Profile

AZSAX - Profile

Vitals

  • YTD Return -10.5%
  • 3 Yr Annualized Return -3.3%
  • 5 Yr Annualized Return -0.7%
  • Net Assets $68.2 M
  • Holdings in Top 10 13.1%

52 WEEK LOW AND HIGH

$14.17
$9.54
$15.94

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.53%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 93.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of May 29, 2020
  • Standard (Taxable) $2,500
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -10.5%
  • 3 Yr Annualized Total Return 2.9%
  • 5 Yr Annualized Total Return 5.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.51%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    American Beacon Zebra Small Cap Equity Fund
  • Fund Family Name
    American Beacon
  • Inception Date
    Jun 01, 2010
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Roger Ibbotson

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of small market capitalization U.S. companies. These companies have market capitalizations similar to the market capitalizations of the companies in the Russell 2000® Index at the time of investment. It may also invest in real estate investment trusts ("REITs") and master limited partnerships ("MLPs").


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Categories

Performance

AZSAX - Performance

Return Ranking - Trailing

Period AZSAX Return Category Return Low Category Return High Rank in Category (%)
YTD -10.5% -58.0% 83.5% 69.61%
1 Yr -1.0% -94.4% 89.6% 44.84%
3 Yr -3.3%* -64.7% 77.1% 47.18%
5 Yr -0.7%* -44.4% 39.7% 37.12%
10 Yr 3.8%* -15.6% 11.6% 47.39%

* Annualized

Return Ranking - Calendar

Period AZSAX Return Category Return Low Category Return High Rank in Category (%)
2019 21.6% -94.0% 48.3% 36.97%
2018 -19.7% -67.3% 0.1% 42.21%
2017 1.3% -36.3% 36.3% 68.18%
2016 26.4% -24.6% 34.1% 3.44%
2015 -13.8% -48.0% 3.1% 69.82%

Total Return Ranking - Trailing

Period AZSAX Return Category Return Low Category Return High Rank in Category (%)
YTD -10.5% -58.0% 83.5% 69.61%
1 Yr -1.0% -94.4% 89.6% 44.84%
3 Yr 2.9%* -64.1% 77.1% 22.09%
5 Yr 5.6%* -42.7% 39.7% 13.09%
10 Yr 10.3%* -15.6% 12.8% 16.38%

* Annualized

Total Return Ranking - Calendar

Period AZSAX Return Category Return Low Category Return High Rank in Category (%)
2019 21.6% -94.0% 48.3% 36.97%
2018 -10.2% -67.1% 0.1% 11.04%
2017 9.1% -26.8% 52.6% 62.06%
2016 27.7% -24.6% 34.1% 6.28%
2015 -4.0% -48.0% 5.3% 34.46%

NAV & Total Return History


Holdings

AZSAX - Holdings

Concentration Analysis

AZSAX Category Low Category High AZSAX % Rank
Net Assets 68.2 M 128 K 90.5 B 81.74%
Number of Holdings 271 1 2498 35.16%
Net Assets in Top 10 8.03 M 82.9 K 3.41 B 84.17%
Weighting of Top 10 13.10% 2.8% 100.0% 58.23%

Top 10 Holdings

  1. E-Mini Russ 2000 Jun20 Xcme 20200619 2.06%
  2. National General Holdings Corp 1.59%
  3. Quidel Corp 1.42%
  4. LHC Group Inc 1.31%
  5. Cohen & Steers Inc 1.29%
  6. Otter Tail Corp 1.20%
  7. Insight Enterprises Inc 1.10%
  8. Diodes Inc 1.06%
  9. Innospec Inc 1.05%
  10. Getty Realty Corp 1.03%

Asset Allocation

Weighting Return Low Return High AZSAX % Rank
Stocks
97.83% 86.31% 102.81% 60.58%
Cash
2.17% -2.83% 18.15% 37.75%
Preferred Stocks
0.00% 0.00% 0.55% 21.46%
Other
0.00% -14.15% 3.29% 15.37%
Convertible Bonds
0.00% 0.00% 1.69% 9.28%
Bonds
0.00% 0.00% 4.34% 12.79%

Stock Sector Breakdown

Weighting Return Low Return High AZSAX % Rank
Financial Services
20.36% 0.00% 42.57% 19.03%
Healthcare
19.88% 0.00% 45.31% 27.40%
Industrials
13.86% 6.91% 51.20% 90.26%
Technology
12.94% 0.00% 44.38% 80.67%
Consumer Cyclical
10.46% 1.04% 32.85% 55.10%
Real Estate
6.69% 0.00% 14.29% 52.51%
Basic Materials
4.83% 0.00% 15.54% 29.53%
Consumer Defense
4.19% 0.00% 15.01% 59.67%
Communication Services
2.86% 0.00% 18.90% 26.18%
Utilities
2.82% 0.00% 24.95% 50.84%
Energy
1.09% -0.10% 26.16% 77.93%

Stock Geographic Breakdown

Weighting Return Low Return High AZSAX % Rank
US
97.83% 80.09% 100.00% 28.01%
Non US
0.00% 0.00% 15.50% 86.91%

Expenses

AZSAX - Expenses

Operational Fees

AZSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.53% 0.01% 12.58% 24.04%
Management Fee 0.90% 0.00% 1.50% 78.32%
12b-1 Fee 0.25% 0.00% 1.00% 30.97%
Administrative Fee N/A 0.01% 0.47% 93.04%

Sales Fees

AZSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.50% 5.75% 3.57%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

AZSAX 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.

AZSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 93.00% 0.02% 344.00% 80.34%

Distributions

AZSAX - Distributions

Dividend Yield Analysis

AZSAX Category Low Category High AZSAX % Rank
Dividend Yield 0.00% 0.00% 8.27% 11.57%

Dividend Distribution Analysis

AZSAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

AZSAX Category Low Category High AZSAX % Rank
Net Income Ratio 0.51% -5.33% 2.00% 36.43%

Capital Gain Distribution Analysis

AZSAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

AZSAX - Fund Manager Analysis

Managers

Roger Ibbotson


Start Date

Tenure

Tenure Rank

Jun 01, 2010

10.17

10.2%

Roger Ibbotson Ph.D., is the Chairman, Chief Investment Officer and a member of the Zebra portfolio management team, having served in these roles since Zebra Capital Management, LLC was founded in 2001. Dr. Ibbotson has also been a Professor at Yale School of Management since 1984 and is the Founder and former Chairman of Ibbotson Associates, now a Morningstar Company. Dr. Ibbotson served on numerous boards and currently serves on the board of the Dimensional Fund Advisors' funds.

Eric Stokes


Start Date

Tenure

Tenure Rank

Oct 20, 2011

8.79

8.8%

Eric Stokes joined Zebra Capital Management LLC as Portfolio Manager in February 2011. He is responsible for overseeing the various portfolios managed by Zebra, ongoing research efforts, and product management. Prior to joining Zebra, Mr. Stokes was a Principal and Chief Investment Officer at Reed-Stokes Capital Partners from 2008 to 2011. From 2006 to 2008, Mr. Stokes was a Principal at Market Neutral Strategy, LLC. He also served as a portfolio manager for Graham Capital Management where he managed a discretionary fund from 2005 to 2006.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 47.78 6.96 0.75