The Fund seeks to provide a positive total return regardless of market conditions over a full market cycle.
CAPITALIZING ON FLEXIBILITY
The Fund is sub-advised by three
complementary fixed-income managers:
Brandywine Global: Invests long in markets
with the highest real yields, short in markets
with the lowest real yields.
Payden & Rygel: Implements a “best ideas” portfolio reflecting the most promising
risk-adjusted opportunities around the globe.
PIMCO: Seeks an absolute-return strategy
without the constraints of a benchmark or
significant sector or instrument.
A WIDE-RANGING APPROACH
TO FIXED INCOME
The Fund allocates investments across a wide
range of global investment opportunities. This
Investing in a number of geographic regions or
countries, including emerging markets.
Allocating to fixed-income instruments without restrictions
on their credit quality, although high yield bonds are limited
to no more than 40% of the net exposure.
Using foreign currencies or currency derivative
instruments and other derivative instruments.
Total Fund Assets
|Payden & Rygel||
|Brandywine Global Investment Management, LLC||
|Pacific Investment Management Company LLC||
FUND overview flyer*
An Opportunistic Approach
to Absolute Returns
Jeffrey K. Ringdahl,
American Beacon Advisors, Inc.
Change is on the Horizon
*For investment professional use only. Login required.