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15 important things you should know about American Beacon ACHPX mutual fund

Updated: September 27, 2020
N/A
Bull Case
  • No sales load or distribution fees
Bear Case
  • Low net assets
  • High expense ratio

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

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

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

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

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

The Fund seeks high current income with capital appreciation as a secondary objective. Under normal circumstances, the Fund will invest primarily in high yield fixed income securities and bank loans that are rated below investment grade. Below investment grade fixed income securities are referred to as junk bonds.

2. What are ACHPX top holdings?

ACHPX has 2 stock holdings and 385 bond holdings.

The top 10 holdings represent 13.29% of total assets. Here are the top holdings:

Name Symbol % Assets
CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.38% N/A 1.95%
Tenet Healthcare Corporation 6.25% N/A 1.68%
Navient Corporation 6.12% N/A 1.56%
Kraft Heinz Foods Company 3% N/A 1.39%
Sprint Corporation 7.25% N/A 1.25%
DISH DBS Corporation 5.88% N/A 1.22%
Dell International L.L.C. and EMC Corporation 7.12% N/A 1.16%
FREEPORT-MCMORAN INC 5% N/A 1.04%
Sprint Corporation 6% N/A 1.03%
Bausch Health Companies Inc 7% N/A 1.01%

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

ACHPX has generated the following returns:

  • 1-month return is -0.11%;
  • 3-month return is 3.91%;
  • 1-year return is -4.46%;
  • 3-year return is 0.41%;
  • 5-year return is 1.99%.

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

In the last 10 years, ACHPX had 10 up years and 0 down years.

ACHPX up and down years

5. What is ACHPX dividend yield?

ACHPX yield is 4.38%.

6. What is ACHPX minimum initial investment amount?

ACHPX minimum initial investment amount is $3.00K.

7. What is ACHPX expense ratio?

ACHPX expense ratio is 1.24%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

ACHPX expenses

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

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

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

  • 1-year ax cost ratio is %;
  • 3-year ax cost ratio is %.
ACHPX tax costs

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

  • 3-year beta is 0.22;
  • 5-year beta is 0.20.
ACHPX Beta

11. What is ACHPX Sharpe ratio?

  • 3-year Sharpe ratio is -0.16;
  • 5-year Sharpe ratio is 0.17.
ACHPX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is N/A. Our quantitative analysis shows 1 reason to buy and 2 reasons to sell. Finny Scores are not available if there are insufficient data points from the analysis.

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

The following are ACHPX strengths from our perspective:

  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

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

The following are ACHPX weaknesses from our perspective:

  • <strong>ACHPX net assets</strong> are $0.50 million. This fund is not a popular choice with retail investors.
  • <strong>ACHPX expense ratio</strong> is 1.24%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the ACHPX review, we covered ACHPX 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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