American Beacon ARK Transfmt Innov C (ADNCX)
| Fund Assets | 176.62M |
| Expense Ratio | 2.16% |
| Min. Investment | $1,000 |
| Turnover | 46.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 20.95 |
| YTD Return | 5.73% |
| 1-Year Return | 15.15% |
| 5-Year Return | -34.33% |
| 52-Week Low | 16.15 |
| 52-Week High | 23.16 |
| Beta (5Y) | n/a |
| Holdings | 43 |
| Inception Date | Jan 2, 2019 |
About ADNCX
The American Beacon ARK Transformational Innovation Fund Class C is an actively managed mutual fund that targets long-term capital growth by investing in companies at the forefront of transformative technological change. Managed collaboratively by American Beacon Advisors, Inc. and ARK Investment Management LLC, the fund focuses on equity securities—primarily stocks—of companies involved in disruptive sectors such as artificial intelligence, robotics, biotechnology, genomics, fintech, next-generation internet, and automation. It takes a global approach, investing in both U.S. and developed international markets, and includes American Depositary Receipts and foreign currency-denominated securities in its portfolio. The fund uses both fundamental and quantitative analysis, combining top-down and bottom-up research strategies to identify opportunities in growth and value stocks across a range of market capitalizations. Notably, it concentrates a significant portion of assets in its top holdings, emphasizing high-conviction bets on innovation leaders. The fund benchmarks its performance against the S&P 500 Index and maintains a non-diversified structure, which may result in higher volatility relative to more broadly diversified funds.
Performance
ADNCX had a total return of 15.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.23%.
Top 10 Holdings
51.89% of assets| Name | Symbol | Weight |
|---|---|---|
| Tesla, Inc. | TSLA | 9.95% |
| CRISPR Therapeutics AG | CRSP | 6.07% |
| Tempus AI, Inc. | TEM | 5.70% |
| Advanced Micro Devices, Inc. | AMD | 5.16% |
| Shopify Inc. | SHOP | 4.48% |
| Robinhood Markets, Inc. | HOOD | 4.40% |
| Coinbase Global, Inc. | COIN | 4.36% |
| Roku, Inc. | ROKU | 4.05% |
| Circle Internet Group, Inc. | CRCL | 3.94% |
| Beam Therapeutics Inc. | BEAM | 3.78% |