About NISYX
The American Beacon NIS Core Plus Bond Fund Y Class is an open-end mutual fund that primarily targets high current income with a secondary objective of capital appreciation. Classified within the intermediate-term core-plus bond category, it invests mainly in a mix of investment-grade U.S. fixed-income securities, such as U.S. Treasury bonds and notes, corporate debt, and securitized assets. Notably, this fund can also hold non-core assets like high-yield corporate bonds, bank loans, emerging market debt, and securities denominated in non-U.S. currencies, allowing for broader diversification and greater flexibility compared to traditional core bond funds.
The portfolio's interest rate sensitivity and credit quality are considered moderate, reflecting its blend of government and corporate holdings, with U.S. Treasuries making up a significant portion of its top positions. Suitable for institutional investors, the Y Class is designed to serve as a fixed-income component in diversified portfolios, providing exposure to multiple sectors of the bond market. The fund stands out for its diversified credit risk profile and its potential to participate in a range of fixed-income opportunities, supporting portfolio balance and income generation in the broader financial market.
Fund Family American Beacon
Category Intermediate Core-Plus Bond
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol NISYX
Share Class Y Class
Index Bloomberg U.S. Aggregate Bond TR
NISYX had a total return of -1.16% in the past year, including dividends. Since the fund's
inception, the average annual return has been 0.14%.
