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American Beacon Shapiro Equity (0P0001AMVC)

14.44 +0.03 (+0.21%)
At close: April 5 at 4:00 PM EDT

Fund Summary

Under normal circumstances, at least 80% of the fund's net assets (plus the amount of any borrowings for investment purposes) are invested in equity securities. It will invest primarily in U.S. common stocks. The fund seeks to achieve its investment objective by investing primarily in the common stock of companies that the fund's investment sub-advisor believes are priced below intrinsic value. It is non-diversified.

American Beacon Shapiro Equity

FORT WORTH TX 76155
4151 AMON CARTER BOULEVARD
8173916100

Fund Overview

Category Large Value
Fund Family American Beacon
Net Assets 219.34M
YTD Return 11.06%
Yield 0.78%
Morningstar Rating
Inception Date Oct 29, 2021

Fund Operations

Last Dividend 0.11
Last Cap Gain -9.00
Holdings Turnover 33.00%
Average for Category --

Fees & Expenses

Expense 0P0001AMVC Category Average
Annual Report Expense Ratio (net) 1.81% 0.90%
Prospectus Net Expense Ratio 1.81% --
Prospectus Gross Expense Ratio 1.88% --
Max 12b1 Fee -- --
Max Front End Sales Load -- --
Max Deferred Sales Load -- --
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Michael A. McCarthy, Lead Manager since September 12, 2017
Michael A. McCarthy has served as Director of Research of the Company since 1990, and is a Chartered Financial Analyst. From 1985 until joining Shapiro in August 1990, he was a portfolio manager at Heilweil, Hollander & Jacobs in Atlanta. In 1987, he was appointed head portfolio manager at Heilweil, Hollander & Jacobs, where he was in charge of managing approximately $125 million. Mr. McCarthy has a BS in Chemical Engineering from the New Jersey Institute of Technology and a MS in Management from the Georgia Institute of Technology.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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