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Morningstar

American Beacon SiM High Yld Opps Y SHOYX

Morningstar Medalist Rating
Medalist Rating as of | See American Beacon Investment Hub
  • NAV / 1-Day Return 8.78  /  0.13 %
  • Total Assets 1.3 Bil
  • Adj. Expense Ratio
    0.760%
  • Expense Ratio 0.760%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 6.82%
  • Effective Duration —

USD | NAV as of Dec 05, 2023 | 1-Day Return as of Dec 05, 2023, 11:16 PM GMT+0

Morningstar’s Analysis SHOYX

Will SHOYX 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 SHOYX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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

Highly differentiated, and high voltage

Analyst Chiayi Tsui

Chiayi Tsui

Analyst

Summary

American Beacon SiM High Yield Opportunities’ strong issuer selection and differentiated approach to portfolio construction distinguish it from the pack; however, bold positioning and a compact portfolio make this strategy a high-voltage one, leading to a Morningstar Analyst Rating of Neutral for its cheaper share classes and Negative for the pricier ones.

by Chiayi Tsui
Rated on Published on

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Portfolio Holdings SHOYX

More SHOYX Holdings
  • Current Portfolio Date
  • Equity Holdings 5
  • Bond Holdings 77
  • Other Holdings 20
  • % Assets in Top 10 Holdings 22.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Strathcona Resources Ltd. 6.875%

3.03
34,330,562
Corporate

Navios South American Logistics Inc./ Navios Logistics Finance (US) Inc 10.

2.81
31,808,572
Corporate

Berry Petroleum Co LLC 7%

2.41
27,267,893
Corporate

Vector Group Ltd 10.5%

2.30
26,102,588
Corporate

Euronav Luxembourg SA 6.25%

2.24
25,434,056
Corporate

Townsquare Media, Inc. 6.875%

2.16
24,452,294
Corporate

Encore Capital Group Inc. 4.25%

2.01
22,830,510
Corporate

Cinemark USA Inc. 5.25%

2.00
22,705,455
Corporate

SeaWorld Parks & Entertainment Inc 5.25%

1.93
21,851,078
Corporate

Pediatrix Medical Group Inc 5.375%

1.91
21,669,870
Corporate