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

Updated: September 28, 2020
67
Bull Case
  • 3-year return above the benchmark
  • 5-year return above the benchmark
  • 10-year return above the benchmark
  • No sales load or distribution fees
Bear Case
  • Low net assets
  • High expense ratio

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

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

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

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

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

The Fund seeks long-term growth of capital. The Fund invests at least 80% of its net assets primarily in common stock of U.S. companies with medium market capitalizations. The Fund considers a company to be a mid-cap company if it has a market capitalization, at the time of purchase, of $2.5 billion to $10 billion.

2. What are SFMIX top holdings?

SFMIX has 91 stock holdings and 0 bond holdings.

The top 10 holdings represent 20.51% of total assets. Here are the top holdings:

Name Symbol % Assets
DexCom Inc DXCM 2.41%
MarketAxess Holdings Inc MKTX 2.32%
Cadence Design Systems Inc CDNS 2.12%
Shopify Inc A SHOP.TO 2.09%
MercadoLibre Inc MELI.SA 2.00%
Verisk Analytics Inc VRSK 1.97%
IDEXX Laboratories Inc IDXX 1.93%
Tradeweb Markets Inc TW 1.93%
Ollie's Bargain Outlet Holdings Inc OLLI 1.91%
DocuSign Inc DOCU 1.83%

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

SFMIX has generated the following returns:

  • 1-month return is -4.88%;
  • 3-month return is 4.02%;
  • 1-year return is 20.88%;
  • 3-year return is 17.65%;
  • 5-year return is 15.46%;
  • 10-year return is 14.52%.

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

In the last 10 years, SFMIX had 9 up years and 1 down year.

SFMIX up and down years

5. What is SFMIX dividend yield?

SFMIX yield is 0%.

6. What is SFMIX minimum initial investment amount?

SFMIX minimum initial investment amount is $250.00K.

7. What is SFMIX expense ratio?

SFMIX expense ratio is 0.89%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

SFMIX expenses

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

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

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

  • 1-year ax cost ratio is 0.69%;
  • 3-year ax cost ratio is 1.17%.
SFMIX tax costs

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

  • 3-year beta is 1.10;
  • 5-year beta is 1.09;
  • 10-year beta is 1.07.
SFMIX Beta

11. What is SFMIX Sharpe ratio?

  • 3-year Sharpe ratio is 0.84;
  • 5-year Sharpe ratio is 0.73;
  • 10-year Sharpe ratio is 0.93.
SFMIX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 67. Our quantitative analysis shows 4 reasons to buy and 2 reasons to sell it, resulting in the Finny Score of 67.

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

The following are SFMIX strengths from our perspective:

  • <strong>SFMIX 3-year return</strong> is 17.65%, which is higher than the 3-year return of the benchmark index (Russell Mid Cap Growth TR USD), 15.37%.
  • <strong>SFMIX 5-year return</strong> is 15.46%, which is higher than the 5-year return of the benchmark index (Russell Mid Cap Growth TR USD), 13.67%.
  • <strong>SFMIX 10-year return</strong> is 14.52%, which is higher than the 10-year return of the benchmark index (Russell Mid Cap Growth TR USD), 14.31%.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

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

The following are SFMIX weaknesses from our perspective:

  • <strong>SFMIX net assets</strong> are $278.10 million. This fund is not a popular choice with retail investors.
  • <strong>SFMIX expense ratio</strong> is 0.89%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the SFMIX review, we covered SFMIX 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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