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American Beacon Short-Term Bond Fund

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

Investment Objective

The Fund seeks income and capital appreciation through investments in investment-grade debt obligations.

Key Points

By emphasizing investment-grade securities, the Fund seeks to provide shareholders with a regular stream of income while minimizing the volatility of its principal. The Fund’s typical investments include obligations of the U.S. government and its agents; corporate bonds, notes and debentures; certificates of deposit; and mortgage-backed securities.

The Fund’s strategy takes advantage of the following:

  • At the time of purchase, all securities are rated in one of the four highest rating categories or, if unrated, deemed to be of comparable quality by American Beacon.

  • To lessen sensitivity to changes in interest rates, the Fund maintains a relatively short weighted average duration of one to three years.

  • The Fund’s portfolio manager uses a top-down approach, analyzing macroeconomic data to anticipate economic momentum shifts, inflationary trends, the shape of the yield curve and Federal Reserve policy.

Total Fund Assets

$195.2 Million  

Investment Advisor (%)

American Beacon Advisors, Inc. 100.0

 



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 Short-Term Bond Fund are service marks of American Beacon Advisors, Inc.