American Beacon Funds: American Beacon The London Company Income Equity Fund; Institutional Class Shares (ABCIX)

23.39 1.56%
Dec 04 close; Powered by IEX
Bull case
3-year return above the benchmark
5-year return above the benchmark
No sales load or distribution fees
Bear case
Low net assets
High expense ratio

Bull case

  1. ABCIX 3-year return is 16.01%, which is higher than the 3-year return of the benchmark index (Russell 1000 Value TR USD), 13.07%.
  2. ABCIX 5-year return is 13.28%, which is higher than the 5-year return of the benchmark index (Russell 1000 Value TR USD), 10.76%.
  3. Good news: this fund does not have 12b1, front-end or back-end sales fees.

Bear case

  1. ABCIX net assets are $419.80 million. This fund is not a popular choice with retail investors.
  2. ABCIX expense ratio is 0.74%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?