American Beacon SiM High Yield Opportunities Fd Inv Cl

Frequently Asked Questions About SHYPX

What does SHYPX invest in?

This fund's primary objective is to deliver a high level of current income, with capital appreciation serving as a secondary goal. It typically allocates a minimum of 80% of its total assets (including funds acquired through borrowing for investment purposes) to debt instruments or other financial products classified as non-investment grade, or those providing similar exposure. The portfolio has the flexibility to include holdings from international entities, specifically those operating in developing economies. Notably, the fund operates without predefined restrictions concerning the maturity periods of the debt securities it acquires, the market valuation of the issuing companies, or whether the securities carry an official credit rating.

What is the expense ratio of SHYPX?

American Beacon SiM High Yield Opportunities Fd Inv Cl (SHYPX) charges an expense ratio of 1.10%. This is the annual fee deducted from fund assets to cover management and operations.

What is SHYPX's dividend yield?

SHYPX's trailing-twelve-month yield is 5.47%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of SHYPX?

Effective duration measures SHYPX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. SHYPX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of SHYPX?

SHYPX'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 SHYPX?

Yield to maturity (YTM) is the total return you'd earn from SHYPX if every bond in the portfolio is held to maturity at the current price. SHYPX'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.