- ISIN
- US0245261542
- Issuer
- American Beacon
- Inception Date
- Feb 18, 2020
- Category
- Short-Term Bond
- Min. Investment
- $100,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
TFBYX Performance Chart
American Beacon TwentyFour Sustainable Short Term Bond Fund (TFBYX) is up 1.0% since the beginning of the year. TFBYX is currently trading at $9 per share. Investors who bought $1,000 worth of TFBYX shares 5 years ago would now be looking at an investment worth $1,156.
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Returns By Period
American Beacon TwentyFour Sustainable Short Term Bond Fund (TFBYX) has returned 0.98% so far this year and 2.98% over the past 12 months.
American Beacon TwentyFour Sustainable Short Term Bond Fund
- 1D
- 0.00%
- 1M
- -0.45%
- 6M
- 0.42%
- YTD
- 0.98%
- 1Y
- 2.98%
- 3Y*
- 5.46%
- 5Y*
- 2.94%
- 10Y*
- —
- ALL TIME*
- 2.91%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
TFBYX Monthly Returns History
Based on dividend-adjusted daily data since Feb 19, 2020, TFBYX's average daily return is +0.01%, while the average monthly return is +0.24%. At this rate, an investment would double in approximately 24.1 years.
Historically, 76% of months were positive and 24% were negative. The best month was Apr 2020 with a return of +1.9%, while the worst month was Mar 2020 at -3.1%. The longest winning streak lasted 17 consecutive months, and the longest losing streak was 6 months.
On a daily basis, TFBYX closed higher 30% of trading days. The best single day was Apr 8, 2026 with a return of +0.7%, while the worst single day was Mar 16, 2020 at -0.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.56% | 0.45% | -1.38% | 0.51% | 0.89% | 0.33% | -0.36% | 0.98% | |||||
| 2025 | 0.57% | 0.48% | 0.06% | 0.76% | 0.23% | 0.82% | 0.46% | 0.45% | 0.44% | 0.63% | 0.31% | 0.24% | 5.58% |
| 2024 | 0.46% | 0.13% | 0.78% | -0.16% | 0.56% | 0.66% | 1.07% | 0.57% | 0.67% | -0.01% | 0.68% | 0.24% | 5.81% |
| 2023 | 1.55% | -0.17% | 0.02% | 0.64% | 0.08% | -0.16% | 1.14% | 0.36% | 0.57% | 0.32% | 1.15% | 1.52% | 7.22% |
| 2022 | -0.71% | -0.86% | -0.07% | -0.75% | -0.34% | -2.13% | 1.42% | -1.08% | -2.05% | 0.99% | 1.23% | 0.52% | -3.86% |
| 2021 | 0.10% | 0.04% | 0.13% | 0.42% | 0.20% | 0.24% | 0.18% | 0.10% | -0.20% | -0.52% | -0.21% | 0.21% | 0.70% |
Benchmark Metrics
American Beacon TwentyFour Sustainable Short Term Bond Fund has an annualized alpha of 2.64%, beta of 0.02, and R2 of 0.06 versus S&P 500 Index. Calculated based on daily prices since February 19, 2020.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (10.87%) than losses (9.12%) - typical of diversified or defensive assets.
- Beta of 0.02 may look defensive, but with R2 of 0.06 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 0.06 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
- 2.64%
- Beta
- 0.02
- R²
- 0.06
- Upside Capture
- 10.87%
- Downside Capture
- 9.12%
Expense Ratio
TFBYX has an expense ratio of 0.57%, placing it in the medium range.
Return for Risk
Risk / Return Rank
TFBYX ranks 61 for risk / return — above 61% of mutual funds peers on PortfoliosLab. Its historical combined result is above most peers.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for American Beacon TwentyFour Sustainable Short Term Bond Fund (TFBYX) 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.
| TFBYX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.25 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.95 | 2.00 | -0.06 |
| Martin ratioReturn relative to average drawdown | 6.44 | 8.49 | -2.05 |
Dividends
Dividend History
American Beacon TwentyFour Sustainable Short Term Bond Fund provided a 3.41% dividend yield over the last twelve months, with an annual payout of $0.30 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.34 | $0.33 | $0.32 | $1.05 | $0.30 | $0.22 |
Dividend yield | 3.41% | 3.84% | 3.79% | 3.73% | 12.53% | 3.07% | 2.17% |
Monthly Dividends
The table displays the monthly dividend distributions for American Beacon TwentyFour Sustainable Short Term 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 | $0.00 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.17 | |||||
| 2025 | $0.00 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.34 |
| 2024 | $0.00 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.33 |
| 2023 | $0.00 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.06 | $0.32 |
| 2022 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.85 | $1.05 |
| 2021 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 | $0.05 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.30 |
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 TwentyFour Sustainable Short Term 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 TwentyFour Sustainable Short Term Bond Fund was 7.41%, occurring on Oct 13, 2022. Recovery took 268 trading sessions.
The current American Beacon TwentyFour Sustainable Short Term Bond Fund drawdown is 0.45%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-7.41%Oct 2022 | 1y 20d | 1y 25d | 2y 1moSep 2021 - Nov 2023 | Bear market2022 |
-4.15%Mar 2020 | 1mo 3d | 3mo 14d | 4mo 17dFeb 2020 - Jul 2020 | COVID crash2020 |
-1.60%Mar 2026 | 24d | 2mo 4d | 2mo 28dMar 2026 - May 2026 | — |
-0.67%Jul 2026 | 16d | — | 27dJul 2026 - now | — |
-0.46%Nov 2024 | 11d | 26d | 1mo 7dOct 2024 - Nov 2024 | — |
Drawdown Indicators
| TFBYX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.41% | -56.78% | +49.37% |
Max Drawdown (1Y)Largest decline over 1 year | -1.60% | -9.10% | +7.50% |
Max Drawdown (3Y)Largest decline over 3 years | -1.60% | -18.90% | +17.30% |
Max Drawdown (5Y)Largest decline over 5 years | -7.41% | -25.43% | +18.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.45% | -1.58% | +1.13% |
Average DrawdownAverage peak-to-trough decline | -1.13% | -10.70% | +9.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.48% | 2.14% | -1.66% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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