American Beacon High Yield Bond Fund Institutional ClassAYBFX

9.27
0.003 / 0.03%
9.14 - 9.51+1.66
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close Sep 19 2014.

Total returns on $10,000

As of Aug 31 2014.Fund performance

Objective

The investment seeks high current income and capital appreciation. The fund normally invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in a diversified portfolio of domestic and foreign high yield bonds. It invests in a diversified portfolio of public and private issue debt securities that are generally rated below investment grade or deemed to be below investment grade by an investment sub-advisor. The fund may invest in other securities, including investment grade securities, foreign securities, common and preferred stocks and convertible securities.

Profile

Fund typeOpen Ended Investment Company
Investment style (stocks)
Market Cap: Large
Investment Style: Value
Investment style (bonds)
Credit Quality: Low
Interest-Rate Sensitivity: Mod
Morningstar categoryHigh Yield Bond
Launch date29/12/2000
Price currencyUSD
DomicileUnited States
SymbolAYBFX
Manager & start date
Kirk Brown
29/12/2002
Glenn Voyles
30/09/2006
Christopher Molumphy
30/09/2006
Eric Takaha
30/09/2006
Wyatt Crumpler
24/01/2007
Tim Rabe
31/12/2007
Martin Smith
16/09/2011
Richard Hocker
16/09/2011
Gene Needles Jr.
29/02/2012

Investment

Pricing frequencyDaily
Total net assets
82.87m USDAs of Aug 31 2014
Net expense ratio0.92%
Front end load--
Deferred load--
Redemption fee2.00%
Min. initial investment250,000 USD
Min. additional investment50.00 USD
Initial IRA--
Additional IRA--
Available for saleUnited States

Diversification

Asset type

US bond
79.06%
Non-US bond
15.91%
Cash
3.74%
Other
1.07%
US stock
0.20%
Non-US stock
0.01%

Top 5 sectors

Consumer Cyclical
0.11%
Industrials
0.02%
Basic Materials
0.01%

Top 5 Regions

United States
0.20%
Canada
0.01%

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

Company1 year
change
Portfolio
weight
Long
allocation
Jp Morgan Us Government Ogvxx Jp Morgan Us Government Ogvxx--4.39%
Clear Channel Comms 9%--0.68%
E Trade Finl 6.375%--0.64%
Tenet Healthcare 8.125%--0.56%
Radio One 144A 9.25%--0.55%
Data delayed at least 15 minutes, as of Jul 31 2014.Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in USD of the fund / index / average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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