# American Beacon Bridgeway Large Cap Value Fund (BWLAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bwlax 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: Thematic · Inception: 2012-02-06 This investment vehicle targets a broad array of equity securities belonging to large-capitalization companies. These firms are publicly traded on major U.S. stock exchanges, specifically the New York Stock Exchange, NYSE American, or NASDAQ. A core principle of the fund is to commit, under ordinary market conditions, no less than 80% of its net assets (which includes any funds borrowed for investment) to stocks categorized as large-cap value at the moment of acquisition. ## Key Facts | Metric | Value | |---|---| | Price | $30.85 | | Expense Ratio | 1.05% | | Assets Under Management | $275.6M | | NAV | $30.85 | | Holdings Count | — | | Distribution Yield (TTM) | 10.04% | | Annual Distribution (TTM) | $3.10 /share | | Distribution Frequency | Annual | | 52-Week Range | $24.60 – $31.21 | | Beta | 0.89 | ## Latest Distribution - Amount: $3.0983 /share - Ex-date: 2025-12-22 - Pay date: 2025-12-23 ## Frequently Asked Questions ### What does BWLAX invest in? This investment vehicle targets a broad array of equity securities belonging to large-capitalization companies. These firms are publicly traded on major U.S. stock exchanges, specifically the New York Stock Exchange, NYSE American, or NASDAQ. A core principle of the fund is to commit, under ordinary market conditions, no less than 80% of its net assets (which includes any funds borrowed for investment) to stocks categorized as large-cap value at the moment of acquisition. ### What is the expense ratio of BWLAX? American Beacon Bridgeway Large Cap Value Fund (BWLAX) charges an expense ratio of 1.05%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is BWLAX? American Beacon Bridgeway Large Cap Value Fund (BWLAX) manages $275.6M 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 BWLAX actively managed or an index fund? BWLAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was BWLAX launched? American Beacon Bridgeway Large Cap Value Fund (BWLAX) launched in February 2012 and is managed by American Beacon. ### How has BWLAX performed? BWLAX'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 BWLAX pay a dividend? American Beacon Bridgeway Large Cap Value Fund (BWLAX) currently distributes little or no income. Trailing-twelve-month yield is 10.04%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BWLAX pay dividends? American Beacon Bridgeway Large Cap Value Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BWLAX's dividend yield? BWLAX's trailing-twelve-month yield is 10.04%, calculated from the sum of dividends over the past year divided by the current price. ### When is BWLAX's next ex-dividend date? The most recently announced ex-dividend date for BWLAX 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 BWLAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.05% 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 BWLAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BWLAX'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 BWLAX cost more than a fund like VOO? BWLAX's strategy (current expense ratio 1.05%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where BWLAX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to BWLAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BWLAX (1.05%) 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/bwlax - Distribution history: https://www.dividenddata.com/funds/bwlax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bwlax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bwlax/expenses - Peer comparison: https://www.dividenddata.com/funds/bwlax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.