# American Beacon SiM High Yield Opportunities Fd Inv Cl (SHYPX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/shypx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: American Beacon · Asset class: Bond - Strategy: Actively Managed · Inception: 2011-02-14 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 matur... ## Key Facts | Metric | Value | |---|---| | Price | $9.13 | | Expense Ratio | 1.10% | | Assets Under Management | $2.42B | | NAV | $9.13 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | 5.50% | | Annual Distribution (TTM) | $0.50 /share | | Distribution Frequency | Monthly | | 52-Week Range | $9.13 – $9.50 | | Beta | 0.58 | ## Latest Distribution - Amount: $0.0469 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### 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 5.50%, 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. ### Does SHYPX pay a dividend? Yes, American Beacon SiM High Yield Opportunities Fd Inv Cl (SHYPX) distributes dividends to shareholders. The trailing-twelve-month yield is 5.50%. Full dividend history is on this page. ### How often does SHYPX pay dividends? American Beacon SiM High Yield Opportunities Fd Inv Cl pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is SHYPX's next ex-dividend date? The most recently announced ex-dividend date for SHYPX was 2026-09-30. 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 SHYPX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.10% 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 SHYPX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SHYPX'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 SHYPX cost more than a fund like VOO? SHYPX is actively managed (current expense ratio 1.10%). 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 SHYPX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to SHYPX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SHYPX (1.10%) 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/shypx - Distribution history: https://www.dividenddata.com/funds/shypx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/shypx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/shypx/expenses - Peer comparison: https://www.dividenddata.com/funds/shypx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.