- What does AABPX invest in?
- Under typical market conditions, the fund maintains a portfolio primarily composed of equity and debt investments. Specifically, it allocates between 50% and 70% of its total assets to equity securities, with the remaining 30% to 50% dedicated to debt instruments. Within the equity segment, the fund has the flexibility to invest in a diverse array of instruments. These can range from common and preferred stocks, convertible securities, income deposit securities, and income trusts, to initial public offerings (IPOs), master limited partnerships (MLPs), and real estate investment trusts (REITs). Additionally, the fund may hold depositary receipts, including American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs), along with U.S. dollar-denominated foreign equities traded on domestic exchanges.
- What is the expense ratio of AABPX?
- American Beacon Balanced Fund (AABPX) charges an expense ratio of 1.16%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is AABPX?
- American Beacon Balanced Fund (AABPX) is one share class of a fund that manages $99.1M across all of its share classes (AADBX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is AABPX actively managed or an index fund?
- AABPX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (AABPX's is 1.16%) in exchange for the discretion to over- or under-weight positions.
- When was AABPX launched?
- American Beacon Balanced Fund (AABPX) launched in July 1994 and is managed by American Beacon.
- How has AABPX performed?
- AABPX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
