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American Beacon Intermediate Bond Fund

Portfolio information as of September 30, 2014
  • Summary
  • Performance
  • Overview

Investment Objective

A multi-manager Fund seeking income and capital appreciation through investments in investment-grade debt obligations.


The Fund seeks to provide a regular stream of
income with minimal principal volatility, by
investing in bonds with duration of three to seven
years and limited to investment-grade or higher
quality securities. It invests in a wide range of
debt obligations, including securities of the U.S.
government, its agencies and instrumentalities;
corporate bonds, notes and debentures;
mortgage-backed and asset-backed securities;
and other investments.


The Fund is sub-advised by two complementary
fixed-income managers:

  • Barrow: Seeks to "out-yield" the market by
    constructing portfolios of undervalued or
    mispriced securities and sectors.

  • American Beacon: Diversified sector rotator,
    focusing on uncovering differences between
    similarly rated issuers to capture relative value

Total Fund Assets

$406.9 Million  

Sub-Advisors (%)

American Beacon Advisors, Inc.* 50.2
Barrow, Hanley, Mewhinney & Strauss, LLC 49.8

*American Beacon Advisors manages directly a portion of the Fund and allocates the remaining assets to sub-advisors.

Investing in fixed-income securities entails interest rate risk, which is the risk that fixed-income securities will decrease in value with increases in market interest rates. Investing in foreign securities entails additional risk not associated with domestic securities, such as currency fluctuations, economic and political instability and differences in accounting standards. Credit risk is the risk that the issuer of a bond will fail to make timely payment of interest or principal; and the decline in an issuer's credit rating can cause the price of its bonds to go down. 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 Intermediate Bond Fund are service marks of American Beacon Advisors, Inc.