American Beacon Small Cap Value's size requires eight strategies, and shifting allocations make the fund difficult to understand, but the subadvisors' collective skill is enough to warrant a Morningstar Analyst Rating of Bronze for its cheaper shares, while the more expensive ones get Neutral.
Will AVPAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AVPAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the AVPAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of AVPAX’s parent organization’s priorities and whether they’re in line with investors’ interests.