Morningstar

American Beacon SSI Alternative Income Fund --Y Class PSCIX

Morningstar Medalist Rating
Medalist Rating as of | See American Beacon Investment Hub
  • NAV / 1-Day Return 10.21  /  0.00
  • Total Assets 400.0M
  • Adj. Expense Ratio
    1.010%
  • Expense Ratio 1.420%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Relative Value Arbitrage
  • Investment Style Small Growth
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 3.77%
  • Turnover 172%

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis PSCIX

Will PSCIX outperform in the 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 PSCIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PSCIX 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 PSCIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An experienced team delivers consistent income, but a lean bench limits the appeal.

Senior Analyst Jodi Lim

Jodi Lim

Senior Analyst

Summary

American Beacon SSI Alternative Income offers exposure to a niche alternative strategy that generates steady income. People and Process ratings of Average reflect an experienced senior team and a consistent, conservative approach, tempered by limited bench depth and organizational resources.

by Jodi Lim
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PSCIX

More PSCIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 4.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd

46.52 161M
Cash and Equivalents

American Beacon US Govt MMkt Select

5.28 18M
Cash and Equivalents

Sphere Entertainment Co. 3.5%

2.77 10M
Corporate

Albemarle Corp PRF PERPETUAL USD 1000 - Ser A 1/20th Pref St

2.23 8M
Basic Materials

Equinox Gold Corp 4.75%

2.04 7M
Corporate

Western Digital Corp. 3%

1.94 7M
Corporate

Redwood Trust Inc 7.75%

1.90 7M
Corporate

PG&E Corporation 4.25%

1.71 6M
Corporate

Jazz Investments I LTD 3.125%

1.70 6M
Corporate

Liberty Media Corp Del 3.75%

1.54 5M
Corporate

Sponsor Center