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American Beacon U.S. Government Money Market Fund

 


Portfolio information as of June 30, 2008

Investment Advisor

American Beacon Advisors, Inc. acts as advisor to the American Beacon Funds' fixed income and money market portfolios. American Beacon also manages the equity funds of the American Beacon Funds' family, serving as the leader of a team of premier investment advisors.


Investment Style

American Beacon Advisors utilizes a top-down approach, analyzing macroeconomic data to anticipate economic momentum shifts, inflationary trends, the shape of the yield curve and Federal Reserve policy. We strive to increase returns by actively managing the duration and quality of the portfolio, consistent with historical relationships between economic growth, inflation and the direction of interest rates.

The Fund invests in high-quality, U.S. dollar-denominated, short-term obligations with minimal credit risk, as determined by American Beacon. The Fund invests exclusively in obligations issued or guaranteed by the U.S. Government, its agencies or instrumentalities, repurchase agreements that are collateralized by such obligations and other investment companies that limit their investments to the foregoing securities. The average dollar-weighted portfolio maturity of the Fund will not exceed 90 days.

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Portfolio Composition (%)

Fund
Overnight U.S. Government Tri-Party Repo/MMFs
71.2
Variable Rate U.S. Government Agencies
11.8
Fixed Rate U.S. Government Agencies
17.0

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Sector Diversification(%)

Fund
U.S. Government Tri-Party Repo/MMFs 71.2
U.S. Government Agencies 28.8

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Credit Quality

Fund
A-1+/P-1 100%

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Final Maturity Distribution (%)

   
1 to 7 Days

71.2

8 to 30 Days 4.7
31 to 90 Days 12.3
91 to 180 Days 4.9
181+ Days 6.9

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Top Holdings (excluding overnights) (%)

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Federal Home Loan Bank 21.2
Federal Home Loan Mortgage Corp. 4.7
Federal National Mortgage Assoc. 2.9
Total Issuers: 3

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Click here for up-to-date yield information or call (800) 967-9009.

Click here to obtain a fund prospectus or call (800) 388-3344.

An investment in the U. S. Government Money Market Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in this Fund.

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