We have qualitatively reviewed this strategy and reaffirmed its Process and People ratings. While there was a change to the team at the parent level—Matt Peden departed, and the firm named veteran Robyn Serrano a portfolio manager—the subadvisors' investment teams and processes are stable. The following text is from Dec. 9, 2022.
American Beacon Large Cap Value A ALVAX
- NAV / 1-Day Return 25.51 / +0.91 %
- Total Assets 3.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.000%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Large Value
- Investment Style Large Value
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 1.41%
- Turnover 25%
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0
Morningstar’s Analysis ALVAX
Will ALVAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 17.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Future on E-mini S&P 500 Futures | 2.41 | 87.8 Mil | — |
Elevance Health Inc | 2.31 | 83.9 Mil | Healthcare |
State Street Instl US Govt MMkt Slct | 2.11 | 76.9 Mil | Cash and Equivalents |
Comcast Corp Class A | 1.81 | 65.9 Mil | Communication Services |
Citigroup Inc | 1.68 | 61.0 Mil | Financial Services |
Wells Fargo & Co | 1.59 | 58.0 Mil | Financial Services |
Fidelity National Information Services Inc | 1.58 | 57.6 Mil | Technology |
Exxon Mobil Corp | 1.51 | 55.1 Mil | Energy |
JPMorgan Chase & Co | 1.49 | 54.4 Mil | Financial Services |
American International Group Inc | 1.31 | 47.8 Mil | Financial Services |