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American Beacon NIS CORE PLUS BOND FUND

Portfolio information as of September 10, 2020
  • Summary

Investment Objective

The Fund’s investment objectives are high current income and, secondarily, capital appreciation.

HEALTHY YIELD WITH
DIVERSIFIED CREDIT RISK

National Investment Services of America, LLC ("NIS") manages predominantly fixed-income strategies that seek to provide consistent performance and downside protection. NIS has served this mission for more than 25 years by partnering with clients and consultants on their unique objectives using an agile investment process. NIS puts client needs first through employee ownership and a collaborative, team-oriented culture. At the close of 2019, NIS partnered with Resolute Investment Managers, based in Irving, Texas. The partnership ensures employee ownership will continue and that the firm’s focus will remain on clients and their needs. NIS serves clients from offices in Milwaukee, Chicago and Sarasota.

Firm inception: 1993

DISTINGUISHING CHARACTERISTICS

  • Collaborative team approach: The sub-advisor’s objective is to build and maintain a portfolio that represents the best relative value available, set by the Investment Strategy Committee based on the anticipated economic and market environment with input from the portfolio managers.
  • Portfolio managers are sector specialists with the autonomy to perform bottom-up security analysis across their sector and trade positions.
  • Research intensive: The entire capital structure of a company is considered when selecting credits to own.
  • Sector exposure is benchmark agnostic.
  • Duration is aligned with the Fund’s benchmark, Bloomberg Barclays U.S. Aggregate Bond Index.

Total Fund Assets

$5 million

Sub-Advisor (%)

National Investment Services of America, LLC 100%

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The use of fixed-income securities entails interest rate and credit risks. 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. The Fund’s investments in high-yield securities (commonly referred to as “junk bonds”) are subject to greater levels of credit, interest rate, market and liquidity risks than investment-grade securities. Investing in foreign securities may involve heightened risk due to currency fluctuations and economic and political risks. Geopolitical and other events have led to market disruptions causing adverse changes in the value of investments broadly. Changes in value may be temporary or may last for extended periods. The Fund may have high portfolio turnover risk, which could increase the Fund’s transaction costs and possibly have a negative impact on performance. 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 is a registered service mark of American Beacon Advisors, Inc. American Beacon Funds and the American Beacon NIS Core Plus Bond Fund are service marks of American Beacon Advisors, Inc.