American Beacon Stephens Small Cap growth Fund Y Class

Frequently Asked Questions About SPWYX

What does SPWYX invest in?

Generally, this fund allocates at least 80% of its total assets, including any leveraged capital, to common stocks of smaller enterprises. The portfolio manager defines a small-capitalization company as one possessing a market valuation, at the moment of investment, consistent with the range of companies represented in the Russell 2000 Index.

What is the expense ratio of SPWYX?

American Beacon Stephens Small Cap growth Fund Y Class (SPWYX) charges an expense ratio of 1.05%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SPWYX?

American Beacon Stephens Small Cap growth Fund Y Class (SPWYX) manages $531.7M 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 SPWYX actively managed or an index fund?

SPWYX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SPWYX's is 1.05%) because there's no security selection cost.

When was SPWYX launched?

American Beacon Stephens Small Cap growth Fund Y Class (SPWYX) launched in February 2012 and is managed by American Beacon.

How has SPWYX performed?

SPWYX'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.