# American Beacon AHL TargetRisk Fund - Investor Class (AHTPX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ahtpx 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: 2018-12-31 This fund aims to achieve its investment objectives by allocating most, if not all, of its capital across various market segments, including stocks, fixed-income assets, interest rate products, corporate debt, and commodities. It primarily uses derivative instruments to accomplish this, with core holdings in futures (such as those tracking equity indexes, interest rates, and government bonds like Treasuries), swaps (including for commodities, credit defaults, currencies, interest rates, and total returns), and forward contracts. The fund may also invest in other types of derivative products... ## Key Facts | Metric | Value | |---|---| | Price | $11.25 | | Expense Ratio | 1.62% | | Assets Under Management | $195.6M | | NAV | $11.25 | | Holdings Count | — | | Distribution Yield (TTM) | 7.58% | | Annual Distribution (TTM) | $0.85 /share | | Distribution Frequency | Irregular | | 52-Week Range | $10.65 – $11.85 | | Beta | 0.83 | ## Latest Distribution - Amount: $0.0424 /share - Ex-date: 2025-12-31 - Pay date: 2026-01-02 ## Frequently Asked Questions ### What does AHTPX invest in? This fund aims to achieve its investment objectives by allocating most, if not all, of its capital across various market segments, including stocks, fixed-income assets, interest rate products, corporate debt, and commodities. It primarily uses derivative instruments to accomplish this, with core holdings in futures (such as those tracking equity indexes, interest rates, and government bonds like Treasuries), swaps (including for commodities, credit defaults, currencies, interest rates, and total returns), and forward contracts. The fund may also invest in other types of derivative products. It is important to note that this fund is non-diversified. ### What is the expense ratio of AHTPX? American Beacon AHL TargetRisk Fund - Investor Class (AHTPX) charges an expense ratio of 1.62%. This is the annual fee deducted from fund assets to cover management and operations. ### What is AHTPX's dividend yield? AHTPX's trailing-twelve-month yield is 7.58%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of AHTPX? Effective duration measures AHTPX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. AHTPX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of AHTPX? AHTPX'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 AHTPX? Yield to maturity (YTM) is the total return you'd earn from AHTPX if every bond in the portfolio is held to maturity at the current price. AHTPX'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 AHTPX pay a dividend? Yes, American Beacon AHL TargetRisk Fund - Investor Class (AHTPX) distributes dividends to shareholders. The trailing-twelve-month yield is 7.58%. Full dividend history is on this page. ### How often does AHTPX pay dividends? American Beacon AHL TargetRisk Fund - Investor Class pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is AHTPX's next ex-dividend date? The most recently announced ex-dividend date for AHTPX was 2025-12-31. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will AHTPX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.62% 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 AHTPX charge its expense ratio? The expense ratio is deducted in tiny daily slices from AHTPX'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 AHTPX cost more than a fund like VOO? AHTPX is actively managed (current expense ratio 1.62%). 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 AHTPX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to AHTPX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as AHTPX (1.62%) 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/ahtpx - Distribution history: https://www.dividenddata.com/funds/ahtpx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ahtpx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ahtpx/expenses - Peer comparison: https://www.dividenddata.com/funds/ahtpx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.