14 important things you should know about American Beacon ABCIX mutual fund

Updated: June 27, 2020
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Before we start: if you’re looking for ABCIX “stock” price, you can quickly find it out by visiting Finny and typing "ABCIX quote". If you’re looking for a quick scoop on ABCIX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "ABCIX". You’ll get all this info in one place.

Are you looking to buy or sell ABCIX? Or perhaps you’re looking for ABCIX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this ABCIX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: ABCIX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: ABCIX buy or sell; the pros and cons of investing in ABCIX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to ABCIX.

And here is the list of questions we’ll answer:

  1. Describe American Beacon Funds: American Beacon The London Company Income Equity Fund; Institutional Class Shares (ABCIX).
  2. What are ABCIX holdings?
  3. What is ABCIX performance? What are ABCIX historical returns?
  4. How many up and down years did ABCIX have historically?
  5. What is ABCIX dividend yield?
  6. What is ABCIX minimum initial investment amount?
  7. What is ABCIX expense ratio?
  8. Does ABCIX have any sales loads or 12b-1 distribution expenses?
  9. What is ABCIX tax efficiency (tax-cost ratio)?
  10. What is ABCIX beta? How would you assess ABCIX risk?
  11. What is ABCIX Sharpe ratio?
  12. What is ABCIX Finny Score? ABCIX buy or sell?
  13. What are the pros of investing in ABCIX? What are ABCIX buy reasons?
  14. What are the cons of investing in ABCIX? What are ABCIX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe American Beacon Funds: American Beacon The London Company Income Equity Fund; Institutional Class Shares (ABCIX).

The Fund seeks providing current income, with a secondary objective of capital appreciation. The Funds investment sub-advisor, emphasizes investments in profitable, financially stable, core companies that focus on generating high dividend income, are run by shareholder-oriented management at reasonable valuations.

2. What are ABCIX top holdings?

ABCIX has 32 stock holdings and 0 bond holdings.

The top 10 holdings represent 38.64% of total assets. Here are the top holdings:

Name Symbol % Assets
Apple Inc AAPL 5.91%
Berkshire Hathaway Inc B BRK.B 4.18%
E-mini S&P 500 Futures Mar20 ESH0 3.90%
Microsoft Corp MSFT 3.64%
Norfolk Southern Corp NSC 3.60%
Intel Corp INTC 3.56%
Fastenal Co FAST 3.49%
Merck & Co Inc MRK 3.47%
Crown Castle International Corp CCI 3.46%
Dominion Energy Inc D 3.43%

3. What is ABCIX performance? What are ABCIX historical returns?

ABCIX has generated the following returns:

  • 1-month return is 2.81%;
  • 3-month return is -14.37%;
  • 1-year return is -2.33%;
  • 3-year return is 5.78%;
  • 5-year return is 5.64%.

4. How many up and down years did ABCIX have historically?

In the last 10 years, ABCIX had 8 up years and 2 down years.

5. What is ABCIX dividend yield?

ABCIX yield is 2.06%.

6. What is ABCIX minimum initial investment amount?

ABCIX minimum initial investment amount is $250.00K.

7. What is ABCIX expense ratio?

ABCIX expense ratio is 0.73%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

8. Does ABCIX have any sales loads or 12b-1 distribution expenses?

ABCIX 12b-1 distribution fee is 0. ABCIX front-end sales load is 0. ABCIX back-end sales load is 0.

9. What is ABCIX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 2.3%;
  • 3-year ax cost ratio is 1.41%.

10. What is ABCIX beta? How would you assess ABCIX risk?

  • 3-year beta is 0.91;
  • 5-year beta is 0.90.

11. What is ABCIX Sharpe ratio?

  • 3-year Sharpe ratio is 0.11;
  • 5-year Sharpe ratio is 0.28.

Analysis

12. What is ABCIX Finny Score? ABCIX buy or sell?

ABCIX Finny Score is 60. Our quantitative analysis shows 3 reasons to buy ABCIX and 2 reasons to sell it, resulting in the Finny Score of 60.

13. What are the pros of investing in ABCIX? What are ABCIX buy reasons?

The following are ABCIX strengths from our perspective:

  • ABCIX 3-year return is 5.78%, which is higher than the 3-year return of the benchmark index (Russell 1000 Value TR USD), 1.11%.
  • ABCIX 5-year return is 5.64%, which is higher than the 5-year return of the benchmark index (Russell 1000 Value TR USD), 3.47%.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

14. What are the cons of investing in ABCIX? What are ABCIX negatives?

The following are ABCIX weaknesses from our perspective:

  • ABCIX net assets are $222.00 million. This fund is not a popular choice with retail investors.
  • ABCIX expense ratio is 0.73%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the ABCIX review, we covered ABCIX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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