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

Updated: Last Tuesday
17
Bull Case
  • No sales load or distribution fees
Bear Case
  • Low net assets
  • 3-year return below the benchmark
  • 5-year return below the benchmark
  • 10-year return below the benchmark
  • High expense ratio

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

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

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

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

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

The Fund seeks long term capital appreciation. Ordinarily, at least 80% of the Fund's net assets are invested in equity securities of small market capitalization U.S. and foreign companies. These companies have market capitalizations similar to the market capitalizations of the companies in the Russell 2000 Index.

2. What are AZSPX top holdings?

AZSPX has 268 stock holdings and 0 bond holdings.

The top 10 holdings represent 15.86% of total assets. Here are the top holdings:

Name Symbol % Assets
Quidel Corp QDEL 2.77%
Meridian Bioscience Inc VIVO 2.11%
National General Holdings Corp NGHC 1.77%
Cohen & Steers Inc CNS 1.65%
E-Mini Russ 2000 Sep20 Xcme 20200918 N/A 1.47%
LHC Group Inc LHCG 1.39%
U.S. Government Money Market S N/A 1.34%
Diodes Inc DIOD 1.13%
UFP Industries Inc UFPI 1.13%
Getty Realty Corp GTY 1.10%

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

AZSPX has generated the following returns:

  • 1-month return is 9.23%;
  • 3-month return is 5.68%;
  • 1-year return is -7.32%;
  • 3-year return is -1.07%;
  • 5-year return is 5.49%;
  • 10-year return is 8.84%.

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

In the last 10 years, AZSPX had 7 up years and 3 down years.

AZSPX up and down years

5. What is AZSPX dividend yield?

AZSPX yield is 0.46%.

6. What is AZSPX minimum initial investment amount?

AZSPX minimum initial investment amount is $3.00K.

7. What is AZSPX expense ratio?

AZSPX expense ratio is 1.27%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

AZSPX expenses

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

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

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

  • 1-year ax cost ratio is 0.16%;
  • 3-year ax cost ratio is 1.98%.
AZSPX tax costs

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

  • 3-year beta is 1.08;
  • 5-year beta is 1.07;
  • 10-year beta is 1.10.
AZSPX Beta

11. What is AZSPX Sharpe ratio?

  • 3-year Sharpe ratio is 0.08;
  • 5-year Sharpe ratio is 0.31;
  • 10-year Sharpe ratio is 0.61.
AZSPX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 17. Our quantitative analysis shows 1 reason to buy and 5 reasons to sell it, resulting in the Finny Score of 17.

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

The following are AZSPX 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 AZSPX? What are AZSPX negatives?

The following are AZSPX weaknesses from our perspective:

  • <strong>AZSPX net assets</strong> are $11.20 million. This fund is not a popular choice with retail investors.
  • <strong>AZSPX 3-year return</strong> is -1.07%, which is lower than the 3-year return of the benchmark index (Russell 2000 TR USD), 4.52%.
  • <strong>AZSPX 5-year return</strong> is 5.49%, which is lower than the 5-year return of the benchmark index (Russell 2000 TR USD), 8.58%.
  • <strong>AZSPX 10-year return</strong> is 8.84%, which is lower than the 10-year return of the benchmark index (Russell 2000 TR USD), 10.35%.
  • <strong>AZSPX expense ratio</strong> is 1.27%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the AZSPX review, we covered AZSPX 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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