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American Beacon Man Lg Cp Value R5 BRLVX

Medalist Rating as of | See American Beacon Investment Hub
  • NAV / 1-Day Return 25.17  /  −0.91 %
  • Total Assets 287.6 Mil
  • Adj. Expense Ratio
    0.870%
  • Expense Ratio 0.870%
  • Distribution Fee Level High
  • Share Class Type Retirement, Large
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment 250,000
  • Status Open
  • TTM Yield 1.98%
  • Turnover 54%

USD | NAV as of May 28, 2024 | 1-Day Return as of May 28, 2024, 10:18 PM GMT+0

Morningstar’s Analysis BRLVX

Will BRLVX outperform in future?

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

American Beacon Bridgeway Large Cap Value Is Under Review Owing to Upcoming Subadvisor Change

null Eric Schultz

Eric Schultz

Analyst Note

American Beacon Bridgeway Large Cap Value’s Morningstar Rating is Under Review owing to an upcoming subadvisor change, effective May 1, 2024. Outgoing subadvisor Bridgeway Capital Management has been this fund’s sole subadvisor since its 2003 inception. Despite a streak of excellent results in the wake of the global financial crisis, performance struggled mightily in recent years as the fund lagged the Russell 1000 Value Index and large-value Morningstar Category average in every calendar year since 2018. Amid the underperformance, assets dwindled from over $5 billion in 2018 to less than $300 million currently. The strategy’s new subadvisor is Numeric Investors, a Boston-based affiliate of Man Group. Numeric will use a proprietary quantitative model to select stocks for this fund, which will also get a new name: American Beacon Man Large Cap Value.

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Portfolio Holdings BRLVX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 22.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Charles River Laboratories International Inc

2.43 7.3 Mil
Healthcare

Vertiv Holdings Co Class A

2.36 7.1 Mil
Industrials

Synchrony Financial

2.29 6.8 Mil
Financial Services

Applied Materials Inc

2.26 6.8 Mil
Technology

Cleveland-Cliffs Inc

2.24 6.7 Mil
Basic Materials

Builders FirstSource Inc

2.21 6.6 Mil
Industrials

Berkshire Hathaway Inc Class B

2.18 6.5 Mil
Financial Services

Walmart Inc

2.14 6.4 Mil
Consumer Defensive

Steel Dynamics Inc

2.09 6.3 Mil
Basic Materials

Amgen Inc

2.09 6.3 Mil
Healthcare