# American Beacon AHL Managed Futures Strategy Fund - Investor Class (AHLPX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ahlpx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: American Beacon · Asset class: Bond - Strategy: Actively Managed · Inception: 2014-08-20 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 opera... ## Key Facts | Metric | Value | |---|---| | Price | $10.88 | | Expense Ratio | 1.93% | | AUM (All Share Classes) | $1.85B | | NAV | $10.88 | | Holdings Count | — | | Distribution Yield (TTM) | 6.92% | | Annual Distribution (TTM) | $0.75 /share | | Distribution Frequency | Annual | | 52-Week Range | $9.24 – $11.08 | | Beta | 0.10 | ## Latest Distribution - Amount: $0.7525 /share - Ex-date: 2025-12-22 - Pay date: 2025-12-23 ## Frequently Asked Questions ### 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. ### Does AHLPX pay a dividend? Yes, American Beacon AHL Managed Futures Strategy Fund - Investor Class (AHLPX) distributes dividends to shareholders. The trailing-twelve-month yield is 6.92%. Full dividend history is on this page. ### How often does AHLPX pay dividends? American Beacon AHL Managed Futures Strategy 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. ### When is AHLPX's next ex-dividend date? The most recently announced ex-dividend date for AHLPX was 2025-12-22. 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 AHLPX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.93% 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 AHLPX charge its expense ratio? The expense ratio is deducted in tiny daily slices from AHLPX'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 AHLPX cost more than a fund like VOO? AHLPX is actively managed (current expense ratio 1.93%). 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 AHLPX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to AHLPX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as AHLPX (1.93%) 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/ahlpx - Distribution history: https://www.dividenddata.com/funds/ahlpx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ahlpx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ahlpx/expenses - Peer comparison: https://www.dividenddata.com/funds/ahlpx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.