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American Beacon Balanced Fund

Portfolio information as of March 31, 2024
  • Summary
  • Performance
  • Overview

Investment Objective

A multi-manager Fund seeking income and capital appreciation.


The Fund invests in a combination of stocks and bonds, with 50% to 70% of the Fund’s assets allocated to stocks and 30% to 50% to bonds.

  • Bottom-up equity portfolio construction that is well diversified at the security, industry and stock level.
  • Investment-grade fixed-income portfolio seeks to preserve the natural advantage of bonds, which promotes stability of the Fund.


The Fund’s complementary equity managers pursue a value style of investing:

  • Barrow: Uses bottom-up analysis, seeking P/E and P/B ratios below the market and dividend yield above the market.
  • H&W: Seeks companies with sustainable cash flows and strong balance sheets, undervalued relative to tangible assets and long-term normal earnings power.

The Fund’s complementary fixed-income managers invest in investment-grade debt securities:

  • Barrow: Seeks to "out-yield" the market with undervalued or mispriced securities and sectors.
  • American Beacon Advisors: Diversified sector rotator, uncovering differences between similarly rated issuers to capture relative value opportunities.

Total Fund Assets

$115.9 Million  

Sub-Advisors (%)

Barrow, Hanley, Mewhinney & Strauss, LLC 50.4
Hotchkis and Wiley Capital Management, LLC 30.3
American Beacon Advisors, Inc. 19.3

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

The use of fixed-income securities entails interest rate and credit risks. Interest rate risk is the risk that debt securities will decrease in value with increases in market interest rates. Credit risk is the risk that the issuer of a bond will fail to make timely payment of interest or principal; the decline in an issuer’s credit rating can cause the price of its bonds to go down. Investing in foreign securities may involve heightened risk due to currency fluctuations and economic and political risks. 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. To the extent the Fund invests more heavily in particular sectors, its performance will be sensitive to factors affecting those sectors. Financial sector companies are heavily regulated and particularly sensitive to interest rate fluctuations. The use of futures contracts for cash management may subject the Fund to losing more money than invested. The Fund participates in a securities lending program. 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 American Beacon Balanced Fund are service marks of American Beacon Advisors, Inc.