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American Beacon Large Cap Value Fund

Portfolio information as of June 30, 2017
  • Summary
  • Performance
  • Overview

Investment Objective

A multi-manager Fund seeking long-term capital appreciation and current income primarily through investments in large market capitalization U.S. stocks.

A TEAM OF MANAGERS

The Fund is sub-advised by four complementary asset managers that select stocks as follows:

  • Barrow: Bottom-up analysis, with P/E and P/B ratios below the market and dividend yield above the market.

  • Brandywine Global: Substantially undervalued, with dividend-paying companies receiving greater emphasis.

  • H&W: Sustainable cash flows and strong balance sheets, undervalued relative to tangible assets and long-term normal earnings power.

  • MFS: Undervalued, high-quality companies with sustainable, durable franchises, significant free cash flow and strong management teams.

STRENGTH IN DIVERSIFICATION

  • The multi-manager approach brings diversification to the Fund and helps protect it from single-manager risk.

  • The Fund’s bottom-up portfolio construction is well diversified at the security, industry and stock levels.

  • The Fund’s assets may also include preferred stocks, convertible securities, American Depositary Receipts and foreign stocks traded on U.S. exchanges.

  • As larger-cap companies return to their historical valuations, the Fund is well positioned to take advantage of this.

Total Fund Assets

$7.5 Billion  

Sub-Advisors (%)

Brandywine Global Investment Management, LLC 27.9
Hotchkis and Wiley Capital Management, LLC 27.8
Barrow, Hanley, Mewhinney & Strauss, LLC 27.7
Massachusetts Financial Services Co. 16.6

FUND SPOTLIGHT*



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. The use of futures contracts for cash management may subject the Fund to losing more money than invested. 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 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*
Institutional07/17/1987 02368A208AADEX29.392.876.6422.586.0113.505.50
Investor08/01/1994 02368A810AAGPX27.472.816.4722.195.6713.125.15
Advisor05/31/2005 02368A356AVASX27.122.776.3922.005.5212.964.99
Y08/03/2009Instl 7/17/8702368A174ABLYX29.212.856.6022.515.9413.425.43
A (without max sales charge)05/17/2010Inv 8/1/94024524746ALVAX27.172.766.4222.095.6113.015.07
A (with max sales charge)05/17/2010Inv 8/1/94024524746ALVAX27.17-3.140.3015.053.5511.674.45
C (without max sales charge)09/01/2010Inv 8/1/94024524498ALVCX26.912.556.0321.164.8112.144.52
C (with max sales charge)09/01/2010Inv 8/1/94024524498ALVCX26.911.555.0320.164.8112.144.52
R602/28/2017Instl 7/17/87024526790AALRX29.392.876.6422.586.0113.505.50
BenchmarkQTRYTD1 Year3 Year*5 Year*10 Year /
Since
Inception*
Lipper Large-Cap Value Funds Index 2.06 5.71 17.98 7.14 13.55 5.38
Russell 1000 Value Index 1.34 4.66 15.53 7.36 13.94 5.57


Expense Ratios

Share ClassGrossNet
Institutional 0.60 0.60
Investor 0.93 0.93
Advisor 1.08 1.08
Y 0.67 0.67
A 0.98 0.98
C 1.74 1.74
R6 0.58 0.58

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.

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 held 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. Specific information about any Fund may be found at americanbeaconfunds.com or in the prospectus.

*Annualized.

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