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American Beacon Balanced Adv ABLSX

Analyst rating as of
NAV / 1-Day Return
14.30  /  0.42 %
Total Assets
175.7 Mil
Adj. Expense Ratio
1.140%
Expense Ratio
1.140%
Fee Level
High
Longest Manager Tenure
33.62 years
Category
Allocation--50% to 70% Equity
Investment Style
Large Value
Credit Quality / Interest Rate Sensitivity
Status
Open
TTM Yield
1.42%
Turnover
82%
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Morningstar’s Analysis

Will ABLSX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Uncharacteristic changes lead to a streamlined but less robust lineup.

Summary

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A recent subadvisor change to American Beacon Balanced dampens our confidence in management’s oversight and weakens the portfolio’s bond sleeve, driving a downgrade to the fund’s People rating to Average from Above Average. Its Morningstar Analyst Rating remains Neutral for its cheaper share classes, while its most expensive share class receives a downgrade to Negative from Neutral.

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