Morningstar

American Beacon SSI Alternative Income Fund R5 Class SSIJX

Morningstar Medalist Rating
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Medalist Rating as of See American Beacon Investment Hub
  • NAV / 1-Day Return $10.09  /  0.00
  • Fund Size $407.6M
  • Adjusted Expense Ratio 0.940%
  • Net Expense Ratio 1.810%
  • Fee Level: Distribution Low
  • Share Class Type Retirement, Large
  • Morningstar Category Relative Value Arbitrage
  • Alternative Style Box (Funds) High/Low
  • Minimum Initial Investment $250,000
  • Investment Status Open
  • TTM Yield 3.44%
  • Turnover Ratio 236%
NAV and 1-Day Return as of

Morningstar’s Analysis SSIJX

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

  • People Pillar

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

American Beacon SSI Alternative Income Manager Changes; Ratings Unchanged.

null Zach Houston-Read

Zach Houston-Read

Analyst Note

A planned leadership transition at SSI does not alter this strategy's day-to-day management, and the fund retains its Average People rating.

by Zach Houston-Read
Published on

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Portfolio Holdings SSIJX

More SSIJX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd

46.03 179M
Cash and Equivalents

MKS Inc. 1.25%

2.20 9M
Corporate

Redwood Trust Inc 7.75%

1.86 7M
Corporate

Hewlett Packard Enterprise Co 7.625% PRF CONVERT 01/09/2027 USD 50 - Ser C

1.86 7M
Technology

Jazz Investments I LTD 3.125%

1.82 7M
Corporate

Terawulf Inc 2.75%

1.69 7M
Corporate

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

1.54 6M
Basic Materials

Liberty Media Corp Del 3.75%

1.52 6M
Corporate

PG&E Corporation 4.25%

1.50 6M
Corporate

Pagaya US Holding Co. LLC 6.125%

1.49 6M
Corporate

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