About NISAX
American Beacon NIS Core Plus Bond Fund A is an actively managed mutual fund within the intermediate core-plus bond category. The fund’s primary objective is to generate high current income, with capital appreciation as a secondary goal. To achieve this, it typically invests at least 80% of its net assets in a diverse mix of bonds, including U.S. Treasuries, government agencies, mortgage-backed securities, corporate bonds, and other fixed income instruments. The portfolio is managed with a flexible approach, allowing exposure to both investment-grade and select high-yield bonds, as well as limited allocations to non-U.S. securities. This broader strategy aims to capture opportunities across the bond market, balancing income generation and risk management. Designed for investors seeking regular income as well as moderate interest rate sensitivity and credit risk, the fund provides diversification within the fixed income sector. Key features also include monthly income distributions and a focus on maintaining an effective duration around intermediate-term levels. The fund is managed by an experienced team and plays a role in providing core bond allocation in diversified portfolios.
Fund Family American Beacon
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol NISAX
Share Class A Class
Index Bloomberg U.S. Aggregate Bond TR
NISAX had a total return of -1.41% in the past year, including dividends. Since the fund's
inception, the average annual return has been -0.18%.
