About ABFAX
American Beacon Balanced Fund Class A is a balanced mutual fund designed to offer both income and capital appreciation by investing in a diversified mix of equity and fixed-income securities. The fund typically allocates 50% to 70% of its assets to stocks, primarily following a value-oriented investment style, and 30% to 50% to bonds, focusing on investment-grade debt instruments. This approach provides exposure to multiple sectors, including technology, consumer cyclical, financial services, and communication services, while also incorporating government and corporate bonds into its portfolio. Managed by multiple sub-advisors, the fund seeks to balance risk and return by leveraging diversified management strategies. Established in May 2010, the fund serves investors looking for a moderate allocation with the potential for steady income and growth, making it suitable for those seeking stability with modest upside in changing market conditions. The fund also distributes dividends quarterly and participates in securities lending programs to enhance returns. Its multi-manager, moderate allocation strategy places it among the core balanced funds in the marketplace, aiming to achieve a combination of capital preservation and appreciation over time.
Fund Family American Beacon
Category Allocation--50% to 70% Equity
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol ABFAX
Share Class A Class
Index Russell 1000 Value TR
ABFAX had a total return of 11.31% in the past year, including dividends.
Since the fund's inception, the average annual return has been 8.00%.
