About ABECX
American Beacon The London Company Income Equity Fund C Class is a mutual fund that seeks to provide current income as its primary objective, with capital appreciation as a secondary goal. Managed by The London Company of Virginia, the fund applies a focused, conservative investment process, aiming to buy shares of companies at a discount to their perceived private value. The fund predominantly invests in large- and mid-cap U.S. equities, with exposure to select international stocks, and maintains a diversified portfolio across sectors such as financial services, technology, consumer goods, and healthcare. Notable holdings include Berkshire Hathaway, Apple, Philip Morris International, and BlackRock, reflecting its strategy of allocating significant assets to well-established, dividend-paying businesses. With a relatively low portfolio turnover and a long-term approach, the fund is designed to appeal to investors seeking a combination of income and equity exposure. Given its concentrated positions and sector allocations, the fund’s performance can be sensitive to movements in its top holdings and the broader market. The C Class shares are offered with an above-average fee structure and are open to investors with a minimum initial investment requirement.
Fund Family American Beacon
Category Large Value
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol ABECX
Share Class C Class
Index Russell 1000 Value TR
ABECX had a total return of 14.69% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.96%.
