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

Updated: June 28, 2020
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Before we start: if you’re looking for GHQPX “stock” price, you can quickly find it out by visiting Finny and typing "GHQPX quote". If you’re looking for a quick scoop on GHQPX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "GHQPX". You’ll get all this info in one place.

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

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

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

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

The Fund seeks high current income consistent with preservation of capital. The Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in investment grade bonds. For purposes of the 80% policy, investment grade bonds include other investment grade debt securities.

2. What are GHQPX top holdings?

GHQPX has 0 stock holdings and 37 bond holdings.

The top 10 holdings represent 52.91% of total assets. Here are the top holdings:

Name Symbol % Assets
Federal Home Loan Banks 1.79% N/A 8.71%
Fnma Pass-Thru I 4.5% N/A 7.49%
United States Treasury Bonds 2.5% N/A 5.49%
Federal Home Loan Mortgage Corporation 4% N/A 5.39%
Morgan Stanley 3.2% N/A 4.62%
United Parcel Service, Inc. 2.36% N/A 4.54%
Goldman Sachs Group, Inc. 4.22% N/A 4.38%
Citigroup Inc. 1% N/A 4.33%
Wells Fargo & Company 3.01% N/A 4.06%
State Street US Government MMkt N/A 3.90%

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

GHQPX has generated the following returns:

  • 1-month return is 0.34%;
  • 3-month return is -0.19%;
  • 1-year return is 2.94%;
  • 3-year return is 2.42%.

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

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

5. What is GHQPX dividend yield?

GHQPX yield is 2%.

6. What is GHQPX minimum initial investment amount?

GHQPX minimum initial investment amount is $3.00K.

7. What is GHQPX expense ratio?

GHQPX expense ratio is 0.83%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 0.78%;
  • 3-year ax cost ratio is 0.7%.

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

  • 3-year beta is 0.48.

11. What is GHQPX Sharpe ratio?

  • 3-year Sharpe ratio is 0.01.

Analysis

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

GHQPX Finny Score is 40. Our quantitative analysis shows 2 reasons to buy GHQPX and 3 reasons to sell it, resulting in the Finny Score of 40.

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

The following are GHQPX strengths from our perspective:

  • Good news: this fund does not have 12b1, front-end or back-end sales fees.
  • GHQPX 3-year Beta is 0.48, which is inversely correlated with the index (BBgBarc US Agg Bond TR USD). The could be good if you're trying to hedge your portfolio.

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

The following are GHQPX weaknesses from our perspective:

  • GHQPX net assets are $15.00 million. This fund is not a popular choice with retail investors.
  • GHQPX 3-year return is 2.42%, which is lower than the 3-year return of the benchmark index (Bloomberg Barclays US Aggregate Bond TR USD), 5.05%.
  • GHQPX expense ratio is 0.83%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the GHQPX review, we covered GHQPX 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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