# American Beacon ARK Disruptive Innovation Fund - Investor Class (ADNPX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/adnpx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: American Beacon · Asset class: Equity - Strategy: Actively Managed · Inception: 2017-01-27 Under ordinary conditions, the fund predominantly allocates its assets to a portfolio of equity-based investments. These encompass common shares, various equity interests, and ownership stakes in enterprises aligned with its core investment theme of transformative innovation. Its international equity exposure extends to both established and emerging global markets. To facilitate these foreign investments, the fund utilizes instruments such as American Depositary Receipts (ADRs), securities traded on overseas exchanges, and holdings denominated in foreign currencies. This fund operates with... ## Key Facts | Metric | Value | |---|---| | Price | $23.59 | | Expense Ratio | 1.38% | | AUM (All Share Classes) | $185.3M | | NAV | $23.59 | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Annual | | 52-Week Range | $17.05 – $25.54 | | Beta | 2.43 | ## Latest Distribution - Amount: $0.8116 /share - Ex-date: 2022-12-22 - Pay date: 2022-12-23 ## Frequently Asked Questions ### What does ADNPX invest in? Under ordinary conditions, the fund predominantly allocates its assets to a portfolio of equity-based investments. These encompass common shares, various equity interests, and ownership stakes in enterprises aligned with its core investment theme of transformative innovation. Its international equity exposure extends to both established and emerging global markets. To facilitate these foreign investments, the fund utilizes instruments such as American Depositary Receipts (ADRs), securities traded on overseas exchanges, and holdings denominated in foreign currencies. This fund operates with a non-diversified investment strategy. ### What is the expense ratio of ADNPX? American Beacon ARK Disruptive Innovation Fund - Investor Class (ADNPX) charges an expense ratio of 1.38%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is ADNPX? American Beacon ARK Disruptive Innovation Fund - Investor Class (ADNPX) is one share class of a fund that manages $185.3M across all of its share classes (ADNRX 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 ADNPX actively managed or an index fund? ADNPX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (ADNPX's is 1.38%) in exchange for the discretion to over- or under-weight positions. ### When was ADNPX launched? American Beacon ARK Disruptive Innovation Fund - Investor Class (ADNPX) launched in January 2017 and is managed by American Beacon. ### How has ADNPX performed? ADNPX'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. ### Does ADNPX pay a dividend? American Beacon ARK Disruptive Innovation Fund - Investor Class (ADNPX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does ADNPX pay dividends? American Beacon ARK Disruptive Innovation Fund - Investor Class pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is ADNPX's dividend yield? ADNPX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is ADNPX's next ex-dividend date? The most recently announced ex-dividend date for ADNPX was 2022-12-22. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will ADNPX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.38% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does ADNPX charge its expense ratio? The expense ratio is deducted in tiny daily slices from ADNPX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does ADNPX cost more than a fund like VOO? ADNPX is actively managed (current expense ratio 1.38%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether ADNPX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to ADNPX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as ADNPX (1.38%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/adnpx - Distribution history: https://www.dividenddata.com/funds/adnpx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/adnpx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/adnpx/expenses - Peer comparison: https://www.dividenddata.com/funds/adnpx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.