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Morningstar

American Beacon Balanced Adv ABLSX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 12.60  /  0.00
  • Total Assets 150.4 Mil
  • Adj. Expense Ratio
    1.040%
  • Expense Ratio 1.160%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Allocation—50% to 70% Equity
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Status Open
  • TTM Yield 1.28%
  • Turnover 30%

USD | NAV as of Jan 27, 2023 | 1-Day Return as of Jan 27, 2023, 11:09 PM GMT+00:00

Morningstar’s Analysis ABLSX

Will ABLSX outperform in future?

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

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ABLSX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the ABLSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of ABLSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An unconventional asset-allocation process.

Analyst

Summary

| by Karen Zaya

American Beacon Balanced benefits from strong equity sub-advisors and experienced managers, which alleviate concerns regarding continued manager changes. However, unease over the configuration of such resources results in a Morningstar Analyst Rating of Neutral for the fund’s cheaper share classes and Negative for its priciest one.

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