American Beacon Shapiro Equity Opportunities Fund - Investor Class

Frequently Asked Questions About SHXPX

What does SHXPX invest in?

Under typical market conditions, this fund allocates a minimum of 80% of its net assets—including any capital borrowed for investment purposes—to equity securities. Its primary focus is on common stocks issued by U.S. companies. The investment objective is pursued through a value-driven approach, whereby the fund's investment sub-advisor seeks to identify and acquire the common shares of businesses believed to be trading below their intrinsic worth. Notably, the fund is classified as non-diversified, allowing for greater concentration in its holdings.

What is the expense ratio of SHXPX?

American Beacon Shapiro Equity Opportunities Fund - Investor Class (SHXPX) charges an expense ratio of 1.07%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SHXPX?

American Beacon Shapiro Equity Opportunities Fund - Investor Class (SHXPX) manages $27.3M 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 SHXPX actively managed or an index fund?

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

When was SHXPX launched?

American Beacon Shapiro Equity Opportunities Fund - Investor Class (SHXPX) launched in September 2017 and is managed by the fund issuer.

How has SHXPX performed?

SHXPX'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.