American Beacon SSI Alternative Income Fund - -Y Class (PSCIX)
| Fund Assets | 358.84M |
| Expense Ratio | 1.28% |
| Min. Investment | $100,000 |
| Turnover | 172.00% |
| Dividend (ttm) | 0.62 |
| Dividend Yield | 6.17% |
| Dividend Growth | 38.44% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 1, 2026 |
| Previous Close | 10.00 |
| YTD Return | 0.49% |
| 1-Year Return | 6.07% |
| 5-Year Return | 22.75% |
| 52-Week Low | 9.96 |
| 52-Week High | 10.28 |
| Beta (5Y) | 0.08 |
| Holdings | 236 |
| Inception Date | May 25, 2012 |
About PSCIX
The American Beacon SSI Alternative Income Fund Y Class is a mutual fund focused on seeking income as its primary objective, with a secondary goal of delivering absolute returns. This fund is managed by SSI Investment Management, a firm established in 1973 that specializes in delivering risk-adjusted returns with an emphasis on capital preservation. Its strategy primarily centers on investments in convertible securities, including convertible preferred stocks, while also employing risk management techniques such as establishing short positions or hedges in related common stocks or American Depositary Receipts. The fund may incorporate additional risk mitigants like options, exchange-traded funds, and currency forwards, making it distinct within the alternative income space. The fund is designed as a defensive complement to traditional fixed-income allocations, appealing to institutions and high-net-worth investors seeking growth while limiting downside risk, especially during volatile market environments. Its assets are diversified across sectors but often show significant exposure to financials. Notable characteristics include a relatively high portfolio turnover and a focus on securities with maturities typically concentrated in the shorter to intermediate range. The American Beacon SSI Alternative Income Fund Y Class plays a specialized role within the broader market by offering an alternative approach to fixed-income, combining income generation with innovative risk management techniques.
Performance
PSCIX had a total return of 6.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.67%.
Top 10 Holdings
67.96% of assets| Name | Symbol | Weight |
|---|---|---|
| Usd | n/a | 43.08% |
| American Beacon U.S. Government Money Market Select Fund | AAOXX | 8.66% |
| Western Digital Corp. 3% | WDC.3 11.15.28 | 3.66% |
| Sphere Entertainment Co. 3.5% | SPHR.3.5 12.01.28 | 2.26% |
| BrightSpring Health Services Inc Units | BTSG.6.75 02.01.27 | 2.04% |
| Equinox Gold Corp 4.75% | EQXCN.4.75 10.15.28 | 1.99% |
| Albemarle Corp PRF PERPETUAL USD 1000 - Ser A 1/20th Pref St | ALB.7.25 03.01.27 | 1.84% |
| Redwood Trust Inc 7.75% | RWT.7.75 06.15.27 | 1.65% |
| Summit Hotel Properties, Inc. 1.5% | INN.1.5 02.15.26 | 1.43% |
| Jazz Investments I LTD 3.125% | JAZZ.3.125 09.15.30 | 1.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 1, 2026 | $0.0271 | Apr 2, 2026 |
| Mar 2, 2026 | $0.0268 | Mar 3, 2026 |
| Feb 2, 2026 | $0.0331 | Feb 3, 2026 |
| Dec 31, 2025 | $0.0315 | Jan 2, 2026 |
| Dec 22, 2025 | $0.2338 | Dec 23, 2025 |
| Dec 1, 2025 | $0.0332 | Dec 2, 2025 |