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American Beacon Large Cap Value Fund


Portfolio information as of June 30, 2007

 

Investment Advisors

American Beacon Advisors, Inc. acts as the manager of the American Beacon Large Cap Value Fund, serving as the leader of a team of premier investment advisory firms. American Beacon Advisors employs a carefully designed process to select professional investment advisory firms for this multi-manager fund. American Beacon Advisors evaluates the sub-advisors, monitors their performance and ensures adherence to the Fund’s investment guidelines. The advisors of the Fund and their percentage of the Fund’s assets are:

Barrow, Hanley, Mewhinney & Strauss, Inc

30.3%

Metropolitan West Capital Management, LLC

30.3%

Brandywine Global Investment Management, LLC

30.1%
Hotchkis and Wiley Capital Management, LLC 9.3%
 


Investment Style

The Fund's sub-advisors pursue a value style of investing. They select stocks that, in their opinion, have above-average earnings growth potential and are also selling at a discount to the market. To determine a company's growth prospects, each of the Fund's sub-advisors uses proprietary methods based upon a combination of internal and external research and analysis of changing economic trends. The value determination is based on each company's financial profile, including price-to-earnings ratio, price-to-book value ratio, assets carried below market value, financial strength, dividend yield and growth expectations.

The Fund's assets are invested primarily in equity securities of large market capitalization U.S. companies. These companies generally have market capitalizations similar to the market capitalization of the companies in the Russell® 1000 Index. These may consist of common and preferred stocks, convertible securities, U.S. dollar-denominated American Depositary Receipts and U.S. dollar-denominated foreign stocks traded on U.S. exchanges.

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Asset Allocation

Equity
95.0%
Equitized Cash
5.0%

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Equity Sector Weightings vs. S&P 500/Citigroup Value Index (%)

Fund S&P 500/
Citigroup Value
Financials 25.5 30.9
Industrials 12.8 12.6
Consumer Discretionary 10.6 9.5
Health Care 10.5 7.0
Consumer Staples 9.9 5.0
Information Technology 8.0 10.3
Energy 7.7 6.5
Telecommunication Services 5.7 7.4
Utilities 5.4 6.1
Materials 3.9 4.7

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Portfolio Statistics

Equity Fund S&P 500/
Citigroup Value
Price/Earnings Ratio 13.9 14.2
Price/Book Ratio 4.0 3.1
Wtd. Avg. Mkt. Cap ($bil) 80.6 90.4
Dividend Yield 2.1 2.3
5 year Earnings Growth 18.1 17.5
3 Year Risk Summary
R2 0.93  
Alpha 0.12
Beta 0.99
Sharpe Ratio 1.74
Standard Deviation 7.45

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Top Ten Equity Holdings (%)

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ConocoPhillips 3.4
AT&T, Inc. 2.8
Bank of America Corp. 2.2
JP Morgan Chase & Co. 2.1
Citigroup, Inc. 1.9
International Business Machines Corp. 1.8
American International Group, Inc. 1.8
Wells Fargo & Co. 1.7
Verizon Communications, Inc. 1.6
Baxter International, Inc. 1.6

Total Fund Holdings: 150

 

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Click here for fund NAVs.

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

Distributed by Foreside Fund Services, LLC.

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