We have qualitatively reviewed this strategy and reaffirmed its Process and People ratings. While there was a change to the team at the parent level—Matt Peden departed, and the firm named veteran Robyn Serrano a portfolio manager—the subadvisors' investment teams and processes are stable. The following text is from Dec. 9, 2022.
American Beacon Large Cap Value A ALVAX
- NAV / 1-Day Return 24.45 / +1.41 %
- Total Assets 3.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.000%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Large Value
- Investment Style Large Value
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 1.52%
- Turnover 25%
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0
Morningstar’s Analysis ALVAX
Will ALVAX 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 18.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Future on E-mini S&P 500 Futures | 3.37 | 121.3 Mil | — |
Elevance Health Inc | 2.26 | 81.2 Mil | Healthcare |
State Street Instl US Govt MMkt Slct | 1.93 | 69.4 Mil | Cash and Equivalents |
Comcast Corp Class A | 1.81 | 65.1 Mil | Communication Services |
Fidelity National Information Services Inc | 1.73 | 62.1 Mil | Technology |
Wells Fargo & Co | 1.66 | 59.8 Mil | Financial Services |
Citigroup Inc | 1.65 | 59.2 Mil | Financial Services |
JPMorgan Chase & Co | 1.57 | 56.4 Mil | Financial Services |
Exxon Mobil Corp | 1.50 | 54.0 Mil | Energy |
American International Group Inc | 1.34 | 48.1 Mil | Financial Services |