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    American Beacon Retire Inc & Apprec C (ABACX)

    10.71 Up 0.01(0.09%) Aug 3

    Profile as of Jun 29, 2015Get Profile for:
    American Beacon Retire Inc & Apprec C
    American Beacon Advisors4151 AMON CARTER BOULEVARDFORT WORTH TX 76155
    Map
    Phone: 800-658-5811
    Fund Overview 
    Category:Retirement Income
    Fund Family:American Beacon
    Net Assets:101.41M
    Year-to-Date Return:-0.14%
    Yield:1.30%
    Morningstar Rating:2 stars
    Fund Inception Date:Sep 1, 2010
    Morningstar Style Box 
    Retirement Income
    [View Category Definition]
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    About the Morningstar Style Box
    Management Information 
    Gary D. Black
    Lead Manager since Sep 5, 2012
    Gary D. Black oversees Calamos’ portfolio management, trading, research and risk management in partnership with John P. Calamos, Sr., with whom he leads the Investment Committee. Prior to joining Calamos in 2012, he served as Founder, Chief Executive Officer and Chief Investment Officer of Black Capital, LLC, where he created and led an investment management team specializing in a long/short equity strategy. Prior to that, Mr. Black served as Chief Executive Officer and Chief Investment Officer of Janus Capital Group and previously was Chief Investment Officer of Global Equities at Goldman Sachs Asset Management (GSAM). He also led GSAM’s U.S. distribution efforts. Previously, Mr. Black was Executive Vice President and Head of AllianceBernstein’s Global Institutional Business. He started as a research analyst and was ranked the top analyst in his category in Institutional Investor’s “All America Research Team” from 1992 – 1998. Gary D. Black
    Investment Information 
    Min Initial Investment:1,000
    Min Initial Investment, IRA:1,000
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:250
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    ABACX can be purchased from 9 brokerages.

    Fund Summary 
    The investment seeks income and capital appreciation. The fund normally invests approximately 75% of its total assets in fixed-income securities considered by the Manager or sub-advisor to be investment grade at the time of purchase. Under normal circumstances, the Manager seeks to maintain a weighted average duration of three to seven years in the investment grade fixed-income portion of the fund. The sub-advisor invests in convertible securities but may invest up to 60% of its portion of the fund's total assets in non-convertible fixed-income securities.

    Fund Operations 
    Last Dividend (Jul 30, 2015) : 0.01
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jul 30, 2015) : 50.00%
    Average for Category:29.79%
    Fees & Expenses 
    ExpenseABACXCategory Avg
    Annual Report Expense Ratio (net):1.94%0.50%
    Prospectus Net Expense Ratio:1.87%N/A
    Prospectus Gross Expense Ratio:1.96%N/A
    Max 12b1 Fee:1.00%N/A
    Max Front End Sales Load:N/A4.86%
    Max Deferred Sales Load: 1.00%2.19%
    3 Yr Expense Projection*:607542
    5 Yr Expense Projection*:1,049769
    10 Yr Expense Projection*:2,2781,539
    * Per $10,000 invested