American Beacon Stephens Mid-Cap Growth Fund

Frequently Asked Questions About STMGX

What does STMGX invest in?

Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of medium market capitalization companies that the fund's managers consider to have growth characteristics.

What is the expense ratio of STMGX?

American Beacon Stephens Mid-Cap Growth Fund (STMGX) charges an expense ratio of 1.15%. This is the annual fee deducted from fund assets to cover management and operations.

How big is STMGX?

American Beacon Stephens Mid-Cap Growth Fund (STMGX) is one share class of a fund that manages $819.7M across all of its share classes (SMFYX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is STMGX actively managed or an index fund?

STMGX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (STMGX's is 1.15%) in exchange for the discretion to over- or under-weight positions.

When was STMGX launched?

American Beacon Stephens Mid-Cap Growth Fund (STMGX) launched in February 2006 and is managed by American Beacon.

How has STMGX performed?

STMGX'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.