Frequently Asked Questions About TFGPX

What does TFGPX invest in?

Under typical market conditions, the fund predominantly allocates its capital to debt instruments and financial derivatives that offer exposure to the bond market. Its holdings in fixed-income securities are not constrained by specific maturities or durations. The portfolio may also incorporate stakes in various other pooled investment vehicles, such as exchange-traded funds (ETFs) and government money market funds, alongside real estate investment trusts (REITs) and privately placed or illiquid securities. A substantial portion of the fund's total assets can be directed towards lower-rated, non-investment grade debt, as well as obligations issued by the U.S. Treasury.

What is the expense ratio of TFGPX?

American Beacon TwentyFour Strategic Income Fund - Investor Class (TFGPX) charges an expense ratio of 1.10%. This is the annual fee deducted from fund assets to cover management and operations.

What is TFGPX's dividend yield?

TFGPX's trailing-twelve-month yield is 4.65%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of TFGPX?

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

What is the credit quality of TFGPX?

TFGPX'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 TFGPX?

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

TFGPX

American Beacon TwentyFour Strategic Income Fund - Investor Class

NASDAQ·Asset Management, Income · Financial Services

$8.43$0.02+0.24%

Market closed·Oct 29 4:00 PM EDT

Price Chart

$8.43+$0.02 (+0.24%)today

−20.99%past 5 yearsCAGR −4.61%

Select date range

FromTo

Apr 3, 2017Oct 30, 2021 → Oct 29, 2026· 5.0 yrsOct 29, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)$0.40

Distribution Yield (FWD)4.73%

Annual Distribution (TTM)$0.39

Distribution Yield (TTM)4.65%

Distribution Growth (5Y)+3.5%

FrequencyMonthly

Most Recent$0.03

Ex-Dividend DateOct 1

Payment DateOct 2

DiversificationDiversification Tab

Holdings339

Top 10 Weight26.3%

Top 25 Weight35.1%

Effective Holdings82

Sectors—

Largest HoldingDE000BU2Z064 · 5.5%

Largest Sector—

Asset ClassBond

StrategyActively Managed

Cost & RiskExpenses Tab

Expense Ratio1.10%

Cost per 10k Invested$110

AUM$600.80M

Avg Daily Volume—

Price$8.43

NAV$8.43

Premium / Discount+0.00%

52-Week Range$8.36 – $8.81

Beta0.64

Fund Overview

Cost Verdict

Is TFGPX's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: American Beacon
Asset Class: Bond
Strategy: Actively Managed
Inception: April 3, 2017
Fund Type: Mutual Fund
Domicile: US
Currency: USD
ISIN: US0245266830
CUSIP: 024526683
Website: americanbeaconfunds.com/products/mutual-funds/american-beacon-twentyfour-strategic-income-fund/tfgpx/

Peers

Peers Tab

VCV

Invesco California Value Municipal Income Trust

Cap

$444.6M

BLW

BlackRock Limited Duration Income Trust

Cap

$451.6M

VVR

Invesco Senior Income Trust

Cap

$437.9M

Latest News

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Frequently Asked Questions About TFGPX

What does TFGPX invest in?: Under typical market conditions, the fund predominantly allocates its capital to debt instruments and financial derivatives that offer exposure to the bond market. Its holdings in fixed-income securities are not constrained by specific maturities or durations. The portfolio may also incorporate stakes in various other pooled investment vehicles, such as exchange-traded funds (ETFs) and government money market funds, alongside real estate investment trusts (REITs) and privately placed or illiquid securities. A substantial portion of the fund's total assets can be directed towards lower-rated, non-investment grade debt, as well as obligations issued by the U.S. Treasury.
What is the expense ratio of TFGPX?: American Beacon TwentyFour Strategic Income Fund - Investor Class (TFGPX) charges an expense ratio of 1.10%. This is the annual fee deducted from fund assets to cover management and operations.
What is TFGPX's dividend yield?: TFGPX's trailing-twelve-month yield is 4.65%, calculated from the sum of dividends over the past year divided by the current price.
What is the duration of TFGPX?: Effective duration measures TFGPX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TFGPX's current duration is published on the fund's factsheet on the issuer's website.
What is the credit quality of TFGPX?: TFGPX'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 TFGPX?: Yield to maturity (YTM) is the total return you'd earn from TFGPX if every bond in the portfolio is held to maturity at the current price. TFGPX'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.