- ISIN
- US0245252483
- CUSIP
- 024525248
- Issuer
- American Beacon
- Inception Date
- Apr 4, 2016
- Category
- Intermediate Core Bond
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
GHQPX Performance Chart
American Beacon Garcia Hamilton Quality Bond Fund (GHQPX) is down 0.1% since the beginning of the year. GHQPX is currently trading at $9 per share. Investors who bought $1,000 worth of GHQPX shares 5 years ago would now be looking at an investment worth $1,003.
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Returns By Period
American Beacon Garcia Hamilton Quality Bond Fund (GHQPX) has returned -0.09% so far this year and 4.26% over the past 12 months.
American Beacon Garcia Hamilton Quality Bond Fund
- 1D
- 0.35%
- 1M
- 1.09%
- YTD
- -0.09%
- 6M
- 0.07%
- 1Y
- 4.26%
- 3Y*
- 2.93%
- 5Y*
- 0.05%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
GHQPX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2017, GHQPX's average daily return is 0.00%, while the average monthly return is +0.10%. At this rate, an investment would double in approximately 57.8 years.
Historically, 54% of months were positive and 46% were negative. The best month was Nov 2023 with a return of +5.7%, while the worst month was Sep 2022 at -5.3%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 9 months.
On a daily basis, GHQPX closed higher 39% of trading days. The best single day was Nov 10, 2022 with a return of +2.8%, while the worst single day was Jun 13, 2022 at -1.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.26% | 2.54% | -2.66% | -0.32% | 0.15% | -0.00% | -0.09% | ||||||
| 2025 | 0.39% | 2.75% | 0.02% | 0.61% | -1.35% | 2.02% | -0.66% | 1.44% | 1.29% | 0.85% | 0.58% | -0.73% | 7.36% |
| 2024 | -0.54% | -1.68% | 0.96% | -3.59% | 1.97% | 1.57% | 2.26% | 2.12% | 1.25% | -3.56% | 1.32% | -2.40% | -0.60% |
| 2023 | 4.43% | -2.88% | 2.78% | 0.46% | -1.11% | -0.44% | -0.57% | -1.01% | -3.84% | -2.29% | 5.66% | 4.80% | 5.56% |
| 2022 | -0.82% | -0.71% | -1.54% | -2.96% | 0.92% | -1.30% | 2.52% | -3.34% | -5.33% | -1.78% | 4.31% | -0.57% | -10.43% |
| 2021 | -0.55% | -0.43% | -0.61% | 0.31% | -0.30% | -0.09% | 0.21% | -0.09% | -0.08% | -0.20% | -0.31% | -0.10% | -2.23% |
Benchmark Metrics
American Beacon Garcia Hamilton Quality Bond Fund has an annualized alpha of 0.85%, beta of 0.03, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since January 03, 2017.
- This fund participated in 27.03% of S&P 500 Index downside but only 13.50% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.03 may look defensive, but with R2 of 0.01 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.01 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 0.85%
- Beta
- 0.03
- R²
- 0.01
- Upside Capture
- 13.50%
- Downside Capture
- 27.03%
Expense Ratio
GHQPX has an expense ratio of 0.83%, placing it in the medium range.
Return for Risk
Risk / Return Rank
GHQPX ranks 10 for risk / return — in the bottom 10% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for American Beacon Garcia Hamilton Quality Bond Fund (GHQPX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GHQPX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.23 | ||
| Sortino ratioReturn per unit of downside risk | -1.58 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.37 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | 2.78 | -1.90 |
| Martin ratioReturn relative to average drawdown | 2.52 | 12.44 | -9.92 |
Dividends
Dividend History
American Beacon Garcia Hamilton Quality Bond Fund provided a 3.51% dividend yield over the last twelve months, with an annual payout of $0.30 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.30 | $0.30 | $0.33 | $0.14 | $0.12 | $0.32 | $0.20 | $0.17 | $0.12 |
Dividend yield | 3.51% | 3.46% | 3.54% | 3.74% | 1.66% | 1.18% | 3.14% | 2.02% | 1.71% | 1.18% |
Monthly Dividends
The table displays the monthly dividend distributions for American Beacon Garcia Hamilton Quality Bond 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.11 | ||||||
| 2025 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.06 | $0.30 |
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 | $0.30 |
| 2023 | $0.04 | $0.04 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 | $0.33 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.02 | $0.02 | $0.02 | $0.14 |
| 2021 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the American Beacon Garcia Hamilton Quality Bond 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 Garcia Hamilton Quality Bond Fund was 17.77%, occurring on Oct 19, 2023. Recovery took 581 trading sessions.
The current American Beacon Garcia Hamilton Quality Bond Fund drawdown is 2.82%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2023 correction2023 | -17.77%Oct 2023 | 3y 2mo | 2y 3mo | 5y 6moAug 2020 - Feb 2026 |
COVID crash2020 | -6.58%Mar 2020 | 11d | 2mo 8d | 2mo 19dMar 2020 - May 2020 |
2026 pullback2026 | -5.00%May 2026 | 2mo 18d | — | 3mo 23dMar 2026 - now |
2017 pullback2017 | -1.52%Mar 2017 | 14d | 14d | 28dFeb 2017 - Mar 2017 |
2018 pullback2018 | -1.41%Feb 2018 | 2mo 5d | 3mo 7d | 5mo 12dDec 2017 - May 2018 |
Drawdown Indicators
| GHQPX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.77% | -56.78% | +39.01% |
Max Drawdown (1Y)Largest decline over 1 year | -5.00% | -9.10% | +4.10% |
Max Drawdown (3Y)Largest decline over 3 years | -9.13% | -18.90% | +9.77% |
Max Drawdown (5Y)Largest decline over 5 years | -16.53% | -25.43% | +8.90% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.82% | -1.80% | -1.02% |
Average DrawdownAverage peak-to-trough decline | -3.92% | -10.71% | +6.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.74% | 2.03% | -0.29% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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