Finny logo
Finny logo
Dibs:
Dibs:
0

7-day free trial: Get unlimited comparisons, and stock, ETF and mutual fund analyses for just $15 a month, without ads. Start a free trial. Go ad free!

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

Updated: November 20, 2020
N/A
Bull Case
  • No sales load or distribution fees
Bear Case
  • Low net assets

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

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

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

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

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

2. What are GLGPX top holdings?

GLGPX has 0 stock holdings and 0 bond holdings.

The top 7 holdings represent 81.74% of total assets. Here are the top holdings:

Name Symbol % Assets
B617236 Irs Brl P F 9.84000 7617236_fix Ccpndfprediswap N/A 24.86%
B617236 Irs Brl R V 00mbrcdi 7617236_flo Ccpndfprediswap N/A 22.08%
United States Treasury Bills 0.01% N/A 17.78%
B0715189 Cds Usd R V 03mevent 10715189_pro Ccpsovereign N/A 8.07%
B0715189 Cds Usd P F 1.00000 10715189_fee Ccpsovereign N/A 7.75%
10 Year Treasury Note Future June 20 ZNM0 0.70%
United States Treasury Bills 0% N/A 0.50%

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

GLGPX has generated the following returns:

  • 1-month return is -0.09%;
  • 3-month return is 6.11%;
  • 1-year return is 6.95%;
  • 3-year return is 1.52%.

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

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

GLGPX up and down years

5. What is GLGPX dividend yield?

GLGPX yield is %.

6. What is GLGPX minimum initial investment amount?

GLGPX minimum initial investment amount is $3.00K.

7. What is GLGPX expense ratio?

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

GLGPX expenses

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

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

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

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

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

  • 3-year beta is 0.04.
GLGPX Beta

11. What is GLGPX Sharpe ratio?

  • 3-year Sharpe ratio is -0.02.
GLGPX 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 1 reason to sell. Finny Scores are not available if there are insufficient data points from the analysis.

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

The following are GLGPX 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 GLGPX? What are GLGPX negatives?

The following are GLGPX weaknesses from our perspective:

  • <strong>GLGPX net assets</strong> are $0.00 million. This fund is not a popular choice with retail investors.
In the GLGPX review, we covered GLGPX 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.
Follow Us