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

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

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

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

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

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

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 GHQYX top holdings?

GHQYX 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 GHQYX performance? What are GHQYX historical returns?

GHQYX has generated the following returns:

  • 1-month return is 0.43%;
  • 3-month return is -0.03%;
  • 1-year return is 3.32%;
  • 3-year return is 2.72%.

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

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

5. What is GHQYX dividend yield?

GHQYX yield is 2.31%.

6. What is GHQYX minimum initial investment amount?

GHQYX minimum initial investment amount is $100.00K.

7. What is GHQYX expense ratio?

GHQYX expense ratio is 0.55%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 0.85%;
  • 3-year ax cost ratio is 0.8%.

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

  • 3-year beta is 0.47.

11. What is GHQYX Sharpe ratio?

  • 3-year Sharpe ratio is 0.15.

Analysis

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

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

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

The following are GHQYX strengths from our perspective:

  • Good news: this fund does not have 12b1, front-end or back-end sales fees.
  • GHQYX 3-year Beta is 0.47, 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 GHQYX? What are GHQYX negatives?

The following are GHQYX weaknesses from our perspective:

  • GHQYX net assets are $17.20 million. This fund is not a popular choice with retail investors.
  • GHQYX 3-year return is 2.72%, which is lower than the 3-year return of the benchmark index (Bloomberg Barclays US Aggregate Bond TR USD), 5.05%.
  • GHQYX expense ratio is 0.55%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the GHQYX review, we covered GHQYX 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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