American Beacon AHL Managed Futures Strategy Fund - Investor Class

Frequently Asked Questions About AHLPX

What does AHLPX invest in?

The fund aims to fulfill its investment objective by employing a highly structured, quantitative approach. This methodology is designed to identify and profit from price trends across a diverse spectrum of global financial markets, encompassing equity indices, fixed income instruments (including bond futures), foreign exchange (currencies and currency futures), and interest rate products. It chiefly allocates to derivative instruments, such as futures contracts and various forward agreements like foreign currency forward contracts and non-deliverable forwards (NDFs). Notably, the fund operates as a non-diversified portfolio.

What is the expense ratio of AHLPX?

American Beacon AHL Managed Futures Strategy Fund - Investor Class (AHLPX) charges an expense ratio of 1.93%. This is the annual fee deducted from fund assets to cover management and operations.

What is AHLPX's dividend yield?

AHLPX's trailing-twelve-month yield is 6.92%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of AHLPX?

Effective duration measures AHLPX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. AHLPX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of AHLPX?

AHLPX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of AHLPX?

Yield to maturity (YTM) is the total return you'd earn from AHLPX if every bond in the portfolio is held to maturity at the current price. AHLPX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.