American Beacon AHL TargetRisk Fund (AHTPX)
The fund seeks to achieve its investment objective by allocating all or substantially all of its assets across equities, bonds, interest rates, corporate credit, and commodities primarily through derivative instruments. It invests primarily in futures (including equity index futures, interest rate futures, bond futures and government bond futures, such as treasury futures), swaps (including commodity swaps, credit default swaps, currency swaps, interest rate swaps, and total return swaps) and forward contracts, but also may invest in other types of derivative instruments.
Fund Info
| ISIN | US0245263118 |
|---|---|
| CUSIP | 024526311 |
| Issuer | American Beacon |
| Inception Date | Dec 30, 2018 |
| Category | Tactical Allocation |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Expense Ratio
AHTPX has a high expense ratio of 1.41%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in American Beacon AHL TargetRisk Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
American Beacon AHL TargetRisk Fund had a return of 3.80% year-to-date (YTD) and 12.64% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.80% | 5.21% |
| 1 month | -2.41% | -4.30% |
| 6 months | 12.86% | 18.42% |
| 1 year | 12.64% | 21.82% |
| 5 years (annualized) | 5.72% | 11.27% |
| 10 years (annualized) | N/A | 10.33% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.10% | 2.19% | 4.47% | -2.23% | ||||||||
| 2023 | -1.38% | 3.70% | 5.16% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AHTPX is 69, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
American Beacon AHL TargetRisk Fund(AHTPX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Beacon AHL TargetRisk Fund (AHTPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
American Beacon AHL TargetRisk Fund granted a 3.50% dividend yield in the last twelve months. The annual payout for that period amounted to $0.38 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.38 | $0.38 | $0.49 | $2.27 | $0.07 | $0.55 |
Dividend yield | 3.50% | 3.63% | 5.07% | 18.73% | 0.54% | 4.51% |
Monthly Dividends
The table displays the monthly dividend distributions for American Beacon AHL TargetRisk 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.27 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 |
| 2019 | $0.55 |
Drawdowns
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 AHL TargetRisk 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 AHL TargetRisk Fund was 19.23%, occurring on Sep 27, 2022. The portfolio has not yet recovered.
The current American Beacon AHL TargetRisk Fund drawdown is 3.61%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.23% | Sep 16, 2021 | 260 | Sep 27, 2022 | — | — | — |
| -10.17% | Feb 21, 2020 | 19 | Mar 18, 2020 | 184 | Dec 8, 2020 | 203 |
| -3.92% | Sep 9, 2019 | 31 | Oct 21, 2019 | 45 | Dec 24, 2019 | 76 |
| -3.07% | May 10, 2021 | 4 | May 13, 2021 | 11 | May 28, 2021 | 15 |
| -2.72% | Feb 12, 2021 | 10 | Feb 26, 2021 | 47 | May 5, 2021 | 57 |
Volatility
Volatility Chart
The current American Beacon AHL TargetRisk Fund volatility is 3.09%, 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.