American Beacon The London Company Income Equity Fund (ABCVX)
The investment seeks current income, with a secondary objective of capital appreciation. Under normal circumstances, at least 80% of the fund's net assets (plus the amount of any borrowings for investment purposes) are invested in equity and equity-related investments. The fund’s investments in equity and equity-related investments include U.S. common stocks, ADRs, U.S. dollar-denominated foreign stocks traded on U.S. exchanges, income trusts, MLPs, preferred stocks, and real estate investment trusts (“REITs”). The fund may invest in large- and mid-capitalization companies and will typically hold 30 to 40 issuers.
Fund Info
| ISIN | US0245275096 |
|---|---|
| CUSIP | 024527509 |
| Issuer | American Beacon |
| Inception Date | May 29, 2012 |
| Category | Large Cap Value Equities |
| Minimum Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
The American Beacon The London Company Income Equity Fund has a high expense ratio of 1.07%, indicating higher-than-average management fees.
Share Price Chart
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Performance
The chart shows the growth of an initial investment of $10,000 in American Beacon The London Company Income Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Compare to other instruments
Return
American Beacon The London Company Income Equity Fund had a return of 2.54% year-to-date (YTD) and -1.71% in the last 12 months. Over the past 10 years, American Beacon The London Company Income Equity Fund had an annualized return of 8.46%, while the S&P 500 had an annualized return of 9.87%, indicating that American Beacon The London Company Income Equity Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.54% | 19.67% |
| 1 month | 7.45% | 8.42% |
| 6 months | 2.45% | 7.29% |
| 1 year | -1.71% | 12.71% |
| 5 years (annualized) | 7.41% | 10.75% |
| 10 years (annualized) | 8.46% | 9.87% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | -4.16% | 5.39% | 2.37% | -3.04% | -5.09% | -2.34% | 6.99% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for American Beacon The London Company Income Equity Fund (ABCVX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
ABCVX American Beacon The London Company Income Equity Fund | -0.12 | ||||
^GSPC S&P 500 | 0.91 |
Dividend History
American Beacon The London Company Income Equity Fund granted a 4.26% dividend yield in the last twelve months. The annual payout for that period amounted to $0.88 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.88 | $0.86 | $0.42 | $0.50 | $1.50 | $0.60 | $0.29 | $0.36 | $0.27 | $0.37 | $0.31 | $0.18 |
Dividend yield | 4.26% | 4.21% | 1.74% | 2.54% | 8.01% | 3.81% | 1.68% | 2.36% | 1.92% | 2.55% | 2.43% | 1.73% |
Monthly Dividends
The table displays the monthly dividend distributions for American Beacon The London Company Income Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.02 | $0.03 | $0.04 | $0.02 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.01 | |
| 2022 | $0.00 | $0.02 | $0.03 | $0.03 | $0.01 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.02 | $0.61 |
| 2021 | $0.00 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.01 | $0.19 |
| 2020 | $0.00 | $0.02 | $0.04 | $0.02 | $0.01 | $0.04 | $0.03 | $0.02 | $0.02 | $0.03 | $0.01 | $0.27 |
| 2019 | $0.00 | $0.02 | $0.04 | $0.02 | $0.01 | $0.05 | $0.02 | $0.02 | $0.04 | $0.02 | $0.02 | $1.24 |
| 2018 | $0.02 | $0.01 | $0.05 | $0.02 | $0.01 | $0.05 | $0.02 | $0.01 | $0.05 | $0.02 | $0.01 | $0.35 |
| 2017 | $0.02 | $0.01 | $0.04 | $0.02 | $0.01 | $0.03 | $0.02 | $0.01 | $0.04 | $0.02 | $0.01 | $0.04 |
| 2016 | $0.03 | $0.01 | $0.03 | $0.01 | $0.01 | $0.03 | $0.03 | $0.01 | $0.04 | $0.02 | $0.01 | $0.13 |
| 2015 | $0.03 | $0.01 | $0.02 | $0.03 | $0.01 | $0.03 | $0.02 | $0.01 | $0.03 | $0.03 | $0.02 | $0.03 |
| 2014 | $0.02 | $0.00 | $0.03 | $0.02 | $0.01 | $0.04 | $0.03 | $0.02 | $0.03 | $0.03 | $0.01 | $0.15 |
| 2013 | $0.03 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.11 |
| 2012 | $0.02 | $0.02 | $0.03 | $0.02 | $0.00 | $0.09 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the American Beacon The London Company Income Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the American Beacon The London Company Income Equity Fund was 33.29%, occurring on Mar 23, 2020. Recovery took 110 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.29% | Feb 13, 2020 | 27 | Mar 23, 2020 | 110 | Aug 27, 2020 | 137 |
| -20.48% | Dec 30, 2021 | 198 | Oct 12, 2022 | — | — | — |
| -16.84% | Sep 24, 2018 | 64 | Dec 24, 2018 | 56 | Mar 18, 2019 | 120 |
| -12.8% | Apr 24, 2015 | 86 | Aug 25, 2015 | 209 | Jun 23, 2016 | 295 |
| -10.69% | Jan 29, 2018 | 39 | Mar 23, 2018 | 107 | Aug 24, 2018 | 146 |
Volatility Chart
The current American Beacon The London Company Income Equity Fund volatility is 2.49%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.