PortfoliosLab logo

American Beacon AHL Managed Futures Strategy Fund (AHLPX)

Mutual Fund · Currency in USD · Last updated Jun 3, 2023

The investment seeks capital growth. The fund seeks to achieve its investment objective by implementing a quantitative trading strategy and systematic investment process designed to capitalize on price trends in a broad range of global markets including stock indices, bonds and bond futures, currency and currency futures, and interest rates by utilizing derivative instruments. It invests primarily in derivatives, including futures, and forward contracts,foreign currency forward contracts, including non-deliverable forwards (NDFs), and non-U.S. currency futures contracts. It is non-diversified.

Fund Info

ISINUS0245256518
CUSIP024525651
IssuerAmerican Beacon
Inception DateAug 18, 2014
CategorySystematic Trend
Minimum Investment$2,500
Asset ClassAlternatives

Expense Ratio

The American Beacon AHL Managed Futures Strategy Fund has a high expense ratio of 1.83%, indicating higher-than-average management fees.


1.83%
0.00%2.15%

Share Price Chart


Loading data...

Performance

The chart shows the growth of an initial investment of $10,000 in American Beacon AHL Managed Futures Strategy Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-6.00%-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%2023FebruaryMarchAprilMayJune
-2.15%
7.09%
AHLPX (American Beacon AHL Managed Futures Strategy Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with AHLPX

Return

American Beacon AHL Managed Futures Strategy Fund had a return of -2.15% year-to-date (YTD) and 0.70% in the last 12 months. Over the past 10 years, American Beacon AHL Managed Futures Strategy Fund had an annualized return of 5.12%, while the S&P 500 had an annualized return of 9.18%, indicating that American Beacon AHL Managed Futures Strategy Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month1.22%4.68%
Year-To-Date-2.15%11.53%
6 months-2.07%5.17%
1 year0.70%2.53%
5 years (annualized)6.65%9.39%
10 years (annualized)5.12%9.18%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20230.49%-0.68%-3.53%0.81%0.50%
2022-4.13%-0.33%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for American Beacon AHL Managed Futures Strategy Fund (AHLPX) 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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AHLPX
American Beacon AHL Managed Futures Strategy Fund
0.07
^GSPC
S&P 500
0.21

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current American Beacon AHL Managed Futures Strategy Fund Sharpe ratio is 0.07. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.001.502.002.502023FebruaryMarchAprilMayJune
0.07
0.21
AHLPX (American Beacon AHL Managed Futures Strategy Fund)
Benchmark (^GSPC)

Dividend History

American Beacon AHL Managed Futures Strategy Fund granted a 18.03% dividend yield in the last twelve months. The annual payout for that period amounted to $1.80 per share.


PeriodTTM202220212020201920182017201620152014
Dividend$1.80$1.80$0.74$0.54$0.42$0.15$0.42$0.00$0.35$0.31

Dividend yield

18.03%17.64%8.42%6.48%5.53%2.01%5.71%0.00%4.97%4.23%

Monthly Dividends

The table displays the monthly dividend distributions for American Beacon AHL Managed Futures Strategy Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00$0.00$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.80
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.74
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.54
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.42
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.15
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.42
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.35
2014$0.31

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%2023FebruaryMarchAprilMayJune
-8.61%
-10.72%
AHLPX (American Beacon AHL Managed Futures Strategy Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the American Beacon AHL Managed Futures Strategy Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the American Beacon AHL Managed Futures Strategy Fund is 14.52%, recorded on Nov 4, 2016. It took 303 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-14.52%Feb 12, 2016186Nov 4, 2016303Jan 22, 2018489
-13.16%Jan 29, 2018198Nov 7, 2018199Aug 26, 2019397
-10.72%Sep 28, 2022118Mar 17, 2023
-10.03%Sep 4, 201964Dec 3, 201972Mar 18, 2020136
-9.11%Mar 20, 2015197Dec 29, 201530Feb 11, 2016227

Volatility Chart

The current American Beacon AHL Managed Futures Strategy Fund volatility is 1.69%, 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.


0.00%2.00%4.00%6.00%8.00%2023FebruaryMarchAprilMayJune
1.69%
3.77%
AHLPX (American Beacon AHL Managed Futures Strategy Fund)
Benchmark (^GSPC)