American Beacon Small Cap Value Fund Investor Class

Frequently Asked Questions About AVPAX

What does AVPAX invest in?

Under typical market conditions, this fund commits at least 80% of its total assets, including any capital borrowed for investment, to equity securities issued by smaller U.S. companies. For the purpose of this fund, such companies are defined as having a market valuation of $5 billion or less at the time an investment is initiated. The equity securities held by the fund may encompass a range of instruments, specifically common shares, Real Estate Investment Trusts (REITs), American Depositary Receipts (ADRs), Master Limited Partnerships (MLPs), and foreign company stocks priced in U.S. dollars and traded on American exchanges.

What is the expense ratio of AVPAX?

American Beacon Small Cap Value Fund Investor Class (AVPAX) charges an expense ratio of 1.16%. This is the annual fee deducted from fund assets to cover management and operations.

How big is AVPAX?

American Beacon Small Cap Value Fund Investor Class (AVPAX) manages $3.88B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is AVPAX actively managed or an index fund?

AVPAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was AVPAX launched?

American Beacon Small Cap Value Fund Investor Class (AVPAX) launched in February 1999 and is managed by the fund issuer.

How has AVPAX performed?

AVPAX'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.