American Beacon The London Company Income Equity Fund Investor Class (ABCVX)
| Fund Assets | 1.45B |
| Expense Ratio | 1.08% |
| Min. Investment | $2,500 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 2.11% |
| Dividend Growth | -44.53% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 1, 2024 |
| Previous Close | 24.11 |
| YTD Return | 15.46% |
| 1-Year Return | 30.39% |
| 5-Year Return | 53.49% |
| 52-Week Low | 19.25 |
| 52-Week High | 24.26 |
| Beta (5Y) | 0.85 |
| Holdings | 33 |
| Inception Date | May 29, 2012 |
About ABCVX
The investment seeks current income, with a secondary objective of capital appreciation. Under normal circumstances, at least 80% of the fund's net assets (plus the amount of any borrowings for investment purposes) are invested in equity and equity-related investments. The fund’s investments in equity and equity-related investments include U.S. common stocks, ADRs, U.S. dollar-denominated foreign stocks traded on U.S. exchanges, income trusts, MLPs, preferred stocks, and real estate investment trusts (“REITs”). The fund may invest in large- and mid-capitalization companies and will typically hold 30 to 40 issuers.
Performance
ABCVX had a total return of 30.39% in the past year. Since the fund's inception, the average annual return has been 10.54%, including dividends.
Top 10 Holdings
44.47% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 5.45% |
| Berkshire Hathaway Inc. | BRK.B | 5.03% |
| Texas Instruments Incorporated | TXN | 4.75% |
| Philip Morris International Inc. | PM | 4.53% |
| The Progressive Corporation | PGR | 4.48% |
| Air Products and Chemicals, Inc. | APD | 4.47% |
| BlackRock, Inc. | BLK | 4.25% |
| Norfolk Southern Corporation | NSC | 4.01% |
| Lowe's Companies, Inc. | LOW | 3.89% |
| Microsoft Corporation | MSFT | 3.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 1, 2024 | $0.0333 | Oct 1, 2024 |
| Sep 3, 2024 | $0.0398 | Sep 4, 2024 |
| Aug 1, 2024 | $0.0193 | Aug 2, 2024 |
| Jul 1, 2024 | $0.0319 | Jul 2, 2024 |
| Jun 3, 2024 | $0.0389 | Jun 4, 2024 |
| May 1, 2024 | $0.0219 | May 2, 2024 |