American Beacon TwentyFour Sustainable Short Term Bond Fund (TFBYX)
The investment seeks a positive return based on a combination of income and, secondarily, capital growth. Under normal market conditions, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed-income securities and derivatives that provide exposure to fixed-income securities. The fund's investments may be of any maturity or duration, although, under normal market conditions, it's dollar-weighted average maturity is expected to be under three years.
Fund Info
US0245261542
Feb 18, 2020
$100,000
Expense Ratio
TFBYX features an expense ratio of 0.57%, falling within the medium range.
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 TwentyFour Sustainable Short Term Bond 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 TwentyFour Sustainable Short Term Bond Fund had a return of 5.33% year-to-date (YTD) and 5.40% in the last 12 months.
TFBYX
5.33%
0.11%
2.90%
5.40%
N/A
N/A
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of TFBYX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.46% | 0.14% | 0.79% | -0.16% | 0.57% | 0.67% | 1.07% | 0.57% | 0.67% | -0.01% | 0.68% | 5.33% | |
| 2023 | 1.55% | -0.18% | 0.02% | 0.64% | 0.07% | -0.17% | 1.14% | 0.37% | 0.57% | 0.32% | 1.15% | 1.52% | 7.21% |
| 2022 | -0.71% | -0.86% | -0.07% | -0.75% | -0.34% | -2.12% | 1.42% | -1.08% | -2.05% | 0.99% | 1.22% | 0.52% | -3.85% |
| 2021 | 0.10% | 0.04% | 0.13% | 0.42% | 0.20% | 0.24% | 0.18% | 0.10% | -0.20% | -0.51% | -0.21% | 0.21% | 0.70% |
| 2020 | -0.40% | -3.07% | 1.86% | 0.71% | 0.68% | 0.81% | 0.61% | 0.22% | 0.10% | 0.91% | 0.36% | 2.75% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 98, TFBYX is among the top 2% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Beacon TwentyFour Sustainable Short Term Bond Fund (TFBYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
American Beacon TwentyFour Sustainable Short Term Bond Fund provided a 3.51% dividend yield over the last twelve months, with an annual payout of $0.31 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $0.31 | $0.32 | $1.05 | $0.30 | $0.22 |
Dividend yield | 3.51% | 3.73% | 12.54% | 3.05% | 2.19% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.28 |
| 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 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 | $0.22 |
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.
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 7.40%, occurring on Oct 13, 2022. Recovery took 268 trading sessions.
The current American Beacon TwentyFour Sustainable Short Term Bond Fund drawdown is 0.23%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -7.4% | Sep 23, 2021 | 267 | Oct 13, 2022 | 268 | Nov 7, 2023 | 535 |
| -4.16% | Feb 20, 2020 | 24 | Mar 24, 2020 | 71 | Jul 6, 2020 | 95 |
| -0.46% | Oct 21, 2024 | 10 | Nov 1, 2024 | 18 | Nov 27, 2024 | 28 |
| -0.37% | Feb 18, 2021 | 21 | Mar 18, 2021 | 12 | Apr 6, 2021 | 33 |
| -0.35% | Apr 8, 2024 | 14 | Apr 25, 2024 | 7 | May 6, 2024 | 21 |
Volatility
Volatility Chart
The current American Beacon TwentyFour Sustainable Short Term Bond Fund volatility is 0.35%, 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.