American Beacon TwentyFour Strategic Income Fund (TFGPX)
Under normal circumstances, the fund invests primarily in fixed-income securities and derivatives that provide exposure to fixed-income securities. The fund's investments may include fixed-income instruments of any maturity or duration. It may invest in other investment companies, including ETFs and government money market funds, REITs and restricted securities. The fund may invest a significant portion of its total assets in non-investment grade securities, and in U.S. Treasury obligations.
Fund Info
ISIN | US0245266830 |
---|---|
CUSIP | 024526683 |
Issuer | American Beacon |
Inception Date | Apr 2, 2017 |
Category | Multisector Bonds |
Min. Investment | $2,500 |
Asset Class | Bond |
Expense Ratio
TFGPX has a high expense ratio of 1.09%, 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 TwentyFour Strategic Income 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 Strategic Income Fund had a return of 3.44% year-to-date (YTD) and 12.81% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 3.44% | 11.05% |
1 month | 2.08% | 4.86% |
6 months | 8.81% | 17.50% |
1 year | 12.81% | 27.37% |
5 years (annualized) | 3.26% | 13.14% |
10 years (annualized) | N/A | 10.90% |
Monthly Returns
The table below presents the monthly returns of TFGPX, 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 | 1.09% | -0.12% | 1.63% | -0.90% | 3.44% | ||||||||
2023 | 4.23% | -0.30% | -2.70% | 1.02% | 0.34% | 0.49% | 1.50% | 0.09% | -0.91% | -0.71% | 4.40% | 3.74% | 11.49% |
2022 | -1.69% | -2.76% | 0.09% | -1.98% | -1.78% | -6.20% | 3.36% | -1.43% | -6.84% | 1.55% | 4.11% | 0.74% | -12.63% |
2021 | 0.09% | 0.18% | 0.32% | 0.91% | 0.27% | 0.66% | 0.02% | 0.58% | -0.28% | -0.85% | -0.82% | 0.95% | 2.03% |
2020 | 1.45% | -0.79% | -9.68% | 3.84% | 3.28% | 2.26% | 1.79% | 1.36% | -0.31% | 0.25% | 3.51% | 1.22% | 7.72% |
2019 | 2.08% | 0.76% | 0.99% | 1.38% | 0.09% | 1.93% | 0.59% | 1.10% | 0.27% | 0.59% | 0.48% | 0.81% | 11.63% |
2018 | 0.87% | -0.70% | -0.23% | 0.55% | -0.70% | -0.48% | 0.91% | 0.25% | 0.25% | -0.58% | -1.27% | -0.11% | -1.26% |
2017 | 1.20% | 1.19% | 0.07% | 1.59% | 0.26% | 0.34% | 1.05% | 0.05% | 0.46% | 6.39% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of TFGPX is 89, placing it in the top 11% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
TFGPX (American Beacon TwentyFour Strategic Income Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Beacon TwentyFour Strategic Income Fund (TFGPX) 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 Strategic Income Fund granted a 5.15% dividend yield in the last twelve months. The annual payout for that period amounted to $0.43 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
---|---|---|---|---|---|---|---|---|
Dividend | $0.43 | $0.44 | $1.49 | $0.36 | $0.34 | $0.38 | $0.58 | $0.32 |
Dividend yield | 5.15% | 5.30% | 19.10% | 3.36% | 3.19% | 3.69% | 5.99% | 3.11% |
Monthly Dividends
The table displays the monthly dividend distributions for American Beacon TwentyFour Strategic Income 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 | $0.04 | $0.03 | $0.03 | $0.03 | $0.14 | |||||||
2023 | $0.00 | $0.05 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 | $0.44 |
2022 | $0.00 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $1.14 | $1.49 |
2021 | $0.00 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.07 | $0.36 |
2020 | $0.00 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.06 | $0.34 |
2019 | $0.00 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.05 | $0.38 |
2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.18 | $0.58 |
2017 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.32 |
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 TwentyFour Strategic Income 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 Strategic Income Fund was 19.50%, occurring on Oct 13, 2022. The portfolio has not yet recovered.
The current American Beacon TwentyFour Strategic Income Fund drawdown is 0.53%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-19.5% | Sep 20, 2021 | 270 | Oct 13, 2022 | — | — | — |
-13.92% | Feb 24, 2020 | 21 | Mar 23, 2020 | 98 | Aug 11, 2020 | 119 |
-2.5% | Jan 29, 2018 | 230 | Dec 26, 2018 | 39 | Feb 22, 2019 | 269 |
-1.24% | Sep 21, 2020 | 5 | Sep 25, 2020 | 12 | Oct 13, 2020 | 17 |
-1.07% | Feb 17, 2021 | 14 | Mar 8, 2021 | 22 | Apr 8, 2021 | 36 |
Volatility
Volatility Chart
The current American Beacon TwentyFour Strategic Income Fund volatility is 0.66%, 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.