American Beacon Shapiro SMID Cap Equity Fund (SHDPX)
The investment seeks long-term capital appreciation and current income. 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 securities of small- and mid-capitalization companies. It will invest primarily in U.S. common stocks. Although the fund will invest principally in small- and mid-capitalization companies, it may invest in companies of all market capitalizations, including large-capitalization companies.
Fund Info
| ISIN | US0245264694 |
|---|---|
| CUSIP | 024526469 |
| Issuer | American Beacon |
| Inception Date | Sep 12, 2017 |
| Category | Small Cap Value Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Value |
Expense Ratio
SHDPX has a high expense ratio of 2.31%, 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 Shapiro SMID Cap 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.
Returns By Period
American Beacon Shapiro SMID Cap Equity Fund had a return of -4.35% year-to-date (YTD) and -0.44% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -4.35% | 5.57% |
| 1 month | -7.19% | -4.16% |
| 6 months | 17.08% | 20.07% |
| 1 year | -0.44% | 20.82% |
| 5 years (annualized) | 7.77% | 11.56% |
| 10 years (annualized) | N/A | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.22% | 1.33% | 4.02% | |||||||||
| 2023 | -8.53% | 9.11% | 12.18% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SHDPX is 9, indicating that it is in the bottom 9% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
American Beacon Shapiro SMID Cap Equity Fund(SHDPX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Beacon Shapiro SMID Cap Equity Fund (SHDPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
American Beacon Shapiro SMID Cap Equity Fund granted a 8.40% dividend yield in the last twelve months. The annual payout for that period amounted to $0.87 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.87 | $0.87 | $0.23 | $1.57 | $0.13 | $0.68 | $0.75 |
Dividend yield | 8.40% | 8.03% | 2.11% | 12.97% | 1.21% | 7.03% | 9.12% |
Monthly Dividends
The table displays the monthly dividend distributions for American Beacon Shapiro SMID Cap 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $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 | $0.87 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.57 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.68 |
| 2018 | $0.75 |
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 Shapiro SMID Cap 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 Shapiro SMID Cap Equity Fund was 45.36%, occurring on Mar 23, 2020. Recovery took 172 trading sessions.
The current American Beacon Shapiro SMID Cap Equity Fund drawdown is 9.76%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -45.36% | Jul 27, 2018 | 416 | Mar 23, 2020 | 172 | Nov 24, 2020 | 588 |
| -23.97% | Nov 16, 2021 | 490 | Oct 27, 2023 | — | — | — |
| -11.49% | Jan 29, 2018 | 44 | Apr 2, 2018 | 46 | Jun 6, 2018 | 90 |
| -9.28% | Jun 2, 2021 | 33 | Jul 19, 2021 | 78 | Nov 5, 2021 | 111 |
| -6.58% | Mar 16, 2021 | 7 | Mar 24, 2021 | 30 | May 6, 2021 | 37 |
Volatility
Volatility Chart
The current American Beacon Shapiro SMID Cap Equity Fund volatility is 5.42%, 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.