American Beacon Funds: American Beacon Stephens Mid-Cap Growth Fund; Class Y Shares (SMFYX)

41.17 -1.86%
Nov 28 close; Powered by IEX
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

Bull case

  1. SMFYX 3-year return is 26.27%, which is in line with the 3-year return of the benchmark index (Russell Mid Cap Growth TR USD), 27.34%.
  2. SMFYX 5-year return is 22.56%, which is higher than the 5-year return of the benchmark index (Russell Mid Cap Growth TR USD), 21.13%.
  3. SMFYX 10-year return is 16.66%, which is in line with the 10-year return of the benchmark index (Russell Mid Cap Growth TR USD), 17.38%.
  4. Good news: this fund does not have 12b1, front-end or back-end sales fees.

Bear case

  1. SMFYX net assets are $86.50 million. This fund is not a popular choice with retail investors.
  2. SMFYX expense ratio is 0.96%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?