Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
American Beacon FEAC FlRtIn C SOUCX
- NAV / 1-Day Return 8.13 / +0.12 %
- Total Assets 168.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.870%
- Distribution Fee Level High
- Share Class Type Level Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 9.95%
- Effective Duration 0.10 years
USD | NAV as of May 02, 2024 | 1-Day Return as of May 02, 2024, 10:27 PM GMT+0
Morningstar’s Analysis SOUCX
Will SOUCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 23.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
State Street US Government MMkt | 3.46 | 7.0 Mil | — |
STATS INTERMEDIATE HOLDNG LLC TERM LOAN | 2.93 | 5.9 Mil | Corporate |
ABE Investment Holdings Inc./Getty Images Inc 9.75% | 2.49 | 5.0 Mil | Corporate |
REALPAGE, INC. 1ST LIEN TERM LOAN | 2.41 | 4.9 Mil | Corporate |
ALVOGEN PHARMA US INC 2022 EXTENDED TERM LOAN | 2.38 | 4.8 Mil | Corporate |
CONNECT FINCO SARL 2021 TERM LOAN B | 2.34 | 4.7 Mil | Corporate |
GEN DIGITAL INC. 2022 TERM LOAN B | 2.26 | 4.6 Mil | Corporate |
APPLOVIN CORPORATION 2023 TERM LOAN B | 2.03 | 4.1 Mil | Corporate |
CAESARS ENTERTAINMENT CORP TERM LOAN B | 1.83 | 3.7 Mil | Corporate |
Limetree Bay Terminals Llc 2022 Incremental Term Loan | 1.73 | 3.5 Mil | Cash and Equivalents |