# American Beacon Ionic Inflation Protection ETF (CPII): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/cpii for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: American Beacon · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2022-06-28 The American Beacon Ionic Inflation Protection ETF (CPII) is an actively managed exchange-traded fund designed to protect against inflation. It achieves this by investing in a portfolio that includes inflation swaps, options on U.S. interest rates (known as swaptions), and a range of U.S. Treasury Securities, prominently including Treasury Inflation-Protected Securities (TIPS). Under normal market conditions, up to 30% of the fund's net assets may be allocated to inflation swaps and swaptions to further its investment aim. It is classified as a non-diversified fund. ## Key Facts | Metric | Value | |---|---| | Price | $19.09 | | Expense Ratio | 0.70% | | Assets Under Management | $11.4M | | NAV | $19.03 | | Holdings Count | 11 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Monthly | | 52-Week Range | $18.76 – $19.60 | | Beta | -0.56 | ## Latest Distribution - Amount: $0.1289 /share - Ex-date: 2026-08-04 - Pay date: 2026-08-06 ## Frequently Asked Questions ### What does CPII invest in? The American Beacon Ionic Inflation Protection ETF (CPII) is an actively managed exchange-traded fund designed to protect against inflation. It achieves this by investing in a portfolio that includes inflation swaps, options on U.S. interest rates (known as swaptions), and a range of U.S. Treasury Securities, prominently including Treasury Inflation-Protected Securities (TIPS). Under normal market conditions, up to 30% of the fund's net assets may be allocated to inflation swaps and swaptions to further its investment aim. It is classified as a non-diversified fund. ### What is the expense ratio of CPII? American Beacon Ionic Inflation Protection ETF (CPII) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations. ### What is the duration of CPII? Effective duration measures CPII's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. CPII's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of CPII? CPII'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 CPII? Yield to maturity (YTM) is the total return you'd earn from CPII if every bond in the portfolio is held to maturity at the current price. CPII'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. ### How big is CPII? American Beacon Ionic Inflation Protection ETF (CPII) manages $11.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Does CPII pay a dividend? American Beacon Ionic Inflation Protection ETF (CPII) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does CPII pay dividends? American Beacon Ionic Inflation Protection ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is CPII's dividend yield? CPII's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is CPII's next ex-dividend date? The most recently announced ex-dividend date for CPII was 2026-08-04. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will CPII's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.70% 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 CPII charge its expense ratio? The expense ratio is deducted in tiny daily slices from CPII'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 CPII cost more than a fund like VOO? CPII is actively managed (current expense ratio 0.70%). 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 CPII's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to CPII? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as CPII (0.70%) 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/cpii - Distribution history: https://www.dividenddata.com/funds/cpii/dividend - Holdings & diversification: https://www.dividenddata.com/funds/cpii/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/cpii/expenses - Peer comparison: https://www.dividenddata.com/funds/cpii/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.