American Beacon AHL TargetRisk Fund C (AHACX)

Fund Assets	125.86M
Expense Ratio	2.35%
Min. Investment	$1,000
Turnover	313.00%
Dividend (ttm)	0.77
Dividend Yield	6.97%
Dividend Growth	80.97%
Payout Frequency	Annual
Ex-Dividend Date	Dec 31, 2025

Previous Close	10.98
YTD Return	4.56%
1-Year Return	8.43%
5-Year Return	11.51%
52-Week Low	10.49
52-Week High	11.67
Beta (5Y)	n/a
Holdings	19
Inception Date	Apr 30, 2019

About AHACX

The American Beacon AHL TargetRisk Fund – C Class is an open-end mutual fund designed to achieve capital growth by dynamically allocating assets across global markets. As part of the Tactical Allocation category, this fund actively shifts its investments among multiple asset classes—including equities, fixed income, and commodities—responding to changing market conditions. Its strategy emphasizes a risk-controlled, risk parity approach, typically allocating approximately half the portfolio’s risk budget to stocks and credit instruments, and the other half to commodities and diversifying assets. The fund is managed employing systematic quantitative models, seeking to balance return potential with volatility control. Notable for its exposure to a wide range of global asset classes, it frequently holds significant positions in U.S. Treasury bills and notes alongside other government securities, reflecting a focus on liquidity and risk management. This diversified allocation aims to mitigate market downturns and provide more consistent returns over time. The American Beacon AHL TargetRisk Fund – C Class plays a distinctive role in investment portfolios, particularly for investors looking for an adaptive, multi-asset solution managed by one of the world’s prominent alternative investment teams. Its flexible mandate allows it to respond proactively to evolving economic and market environments.

• Fund Family: American Beacon
• Category: Tactical Allocation
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: AHACX
• Share Class: C Class
• Index: Index is not available on Lipper Database

Performance

AHACX had a total return of 8.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.06%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
AHTIX	R5 Class	1.04%
AHTYX	Y Class	1.28%
AHTAX	A Class	1.44%
AHTPX	Investor Class	1.62%

Top 10 Holdings

78.47% of assets

Name	Symbol	Weight
United States Treasury Bills 0%	B.0 10.22.26	23.34%
United Kingdom of Great Britain and Northern Ireland 1.125%	UKTI.1.125 09.22.35 3MO	9.52%
United States Treasury Notes 1.25%	TII.1.25 04.15.31	8.12%
United States Treasury Notes 1.875%	TII.1.875 07.15.35	6.96%
United States Treasury Notes 1.125%	TII.1.125 10.15.30	6.92%
United States Treasury Notes 2.375%	TII.2.375 07.15.36	6.49%
United States Treasury Bills 0%	B.0 11.05.26	4.32%
United States Treasury Bills 0%	B.0 12.10.26	4.30%
United States Treasury Notes 1.875%	TII.1.875 01.15.36	4.26%
Italy (Republic Of) 1.8%	BTPS.1.8 05.15.36 CPI	4.24%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 31, 2025	$0.0424	Jan 2, 2026
Dec 22, 2025	$0.7664	Dec 23, 2025
Dec 20, 2024	$0.4235	Dec 23, 2024
Dec 21, 2023	$0.2928	Dec 22, 2023
Dec 22, 2022	$0.3831	Dec 23, 2022
Dec 22, 2021	$2.2002	Dec 23, 2021

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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