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American Beacon Bridgeway Large Cap Value Fund

Portfolio information as of June 30, 2018
  • Summary
  • Performance
  • Overview

Investment Objective

The Fund seeks to provide long-term total return on capital, primarily through capital appreciation and, to a lesser extent, income.

A STATISTICALLY DRIVEN APPROACH

Bridgeway Capital Management, Inc. offers rigorous evidence-based, statistically driven criteria in its disciplined investment processes. The firm donates 50% of its net profits to charitable and nonprofit organizations.

Firm inception: 1993

Collaborative portfolio management team with experience in modeling and research:

  • John Montgomery, founder and CIO of Bridgeway Capital Management; industry since 1993

  • Elena Khoziaeva, CFA; industry since 1998

  • Michael Whipple, CFA; industry since 2002

Rigorous Selection Process

Bridgeway seeks a quality tilt in its stocks, for participation in up markets and risk mitigation in down markets. The fund uses a statistically driven investment strategy. The process:

  • Seeks stocks with the proper value metrics, price momentum and financial health implemented with a multiple model approach.

  • Applies a risk review for diversification, portfolio characteristics and tax impact.

  • Finally, the models are combined into a portfolio intended to outpace the Russell 1000 Value Index.

Total Fund Assets

$5.1 Billion  

Sub-Advisor (%)

Bridgeway Capital Management, Inc. 100.0

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Investing in value stocks may limit downside risk over time; however, the Fund may produce more modest gains than riskier stock funds as a trade-off for this potentially lower risk. Investing in foreign securities may involve heightened risk due to currency fluctuations and economic and political risks. Although the Fund is managed pursuant to a tax management strategy, the Fund’s investments could create capital gains. The use of futures contracts for cash management may subject the Fund to losing more money than invested. The Fund participates in a securities lending program. Please see the prospectus for a complete discussion of the Fund’s risks. There can be no assurances that the investment objectives of this Fund will be met.

For a prospectus containing more information, including expenses, click here. Read it carefully before you invest or send money. Past performance is no guarantee of future results.

American Beacon Funds and American Beacon Bridgeway Large Cap Value Fund are service marks of American Beacon Advisors, Inc.

TOTAL RETURNS

Share Class Inception Date Prior Class Inception Date CUSIP Symbol NAV QTR YTD 1 Year 3 Year* 5 Year* 10 Year /
Since
Inception*
Institutional10/31/2003 024524126BRLVX28.350.53-0.7710.788.9612.0910.21
Investor02/03/2012Instl 10/31/2003024524118BWLIX28.140.43-0.9510.428.5911.749.98
Y02/03/2012Instl 10/31/2003024524134BWLYX28.260.50-0.8110.718.8812.0310.16
A (without max sales charge)02/03/2012Instl 10/31/2003024524159BWLAX28.060.47-0.8810.438.5711.679.92
A (with max sales charge)02/03/2012Instl 10/31/2003024524159BWLAX28.06-5.30-6.594.086.4510.359.27
C (without max sales charge)02/03/2012Instl 10/31/2003024524142BWLCX27.270.29-1.279.617.7510.859.42
C (with max sales charge)02/03/2012Instl 10/31/2003024524142BWLCX27.27-0.71-2.278.617.7510.859.42
R604/28/2017Instl 10/31/2003024526543BWLRX28.330.53-0.7710.738.9412.0810.20
BenchmarkQTRYTD1 Year3 Year*5 Year*10 Year /
Since
Inception*
Russell 1000® Value Index 1.18 -1.69 6.77 8.26 10.34 8.49
Lipper Large-Cap Value Index TR 1.89 -0.49 9.25 8.95 10.60 8.26

 

Expense Ratios

Share ClassGrossNet
Institutional 0.72 0.72
Investor 1.06 1.06
Y 0.79 0.79
A 1.08 1.08
C 1.83 1.83
R6 0.75 0.70

Performance shown is historical and is not indicative of future returns. Investment returns and principal value will vary, and shares may be worth more or less at redemption than at original purchase. Performance shown is as of date indicated, and current performance may be lower or higher than the performance data quoted. To obtain performance as of the most recent month end, click here.

Net asset value (NAV) is the value of one share of the portfolio excluding any sales charges.
*Annualized. See the performance notes on the next page for more information.

Important Information: All investing involves risk, including possible loss of principal. Indexes are unmanaged and one cannot invest directly in an index. Please note that the recent performance of the stock market has helped produce short-term returns that are not typical and may not continue in the future.

For any Class of the Fund that began operating within the 10-year/since inception period shown, the performance shown prior to the inception date of the Class is that of a class (or series of classes) previously in operation. The combined returns have not been adjusted for any difference between the fees and expenses of the Class and the historical fees and expenses of the included previous class (or classes). If the previous class(es) had lower expenses, the resulting performance would be better than the Class would have realized during the same period. If the previous class(es) had higher expenses, the resulting performance would be lower than the Class would have realized during the same period. A portion of fees charged to the Institutional Class was waived from 2008 through 2013, partially recovered in 2014, and fully recovered in 2015. Performance prior to waiving fees was lower than actual returns shown from 2008 through 2013. A portion of fees charged to the Investor Class was waived in 2012 and fully recovered in 2013. Performance prior to waiving fees was lower than actual returns shown for 2012. A portion of fees charged to the Y Class was waived in 2012, partially recovered in 2013 and fully recovered in 2014. Performance prior to waiving fees was lower than actual returns shown for 2012. Specific information about any Fund may be found at americanbeaconfunds.com or in the prospectus.

The Lipper Large-Cap Value Funds Index tracks the results of the 30 largest mutual funds in the Lipper Large-Cap Value Funds category. Lipper is an independent mutual fund research and ranking service. The Russell 1000® Value Index is an unmanaged index of those stocks in the Russell 1000® Index with lower price-to-book ratios and lower forecasted growth values. The Russell 1000 and Russell 1000 Value Indexes is a registered trademarks of Frank Russell Company. Frank Russell Company (“Russell”) is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell® is a trademark of Frank Russell Company. Neither Russell nor its licensors accept any liability for any errors or omissions in the Russell Indexes and/or Russell ratings or underlying data, and no party may rely on any Russell Indexes and/or Russell ratings and/or underlying data contained in this communication. No further distribution of Russell Data is permitted without Russell’s express written consent. Russell does not promote, sponsor or endorse the content of this communication.

American Beacon Funds and American Beacon Bridgeway Large Cap Value Fund are service marks of American Beacon Advisors, Inc.