American Beacon SSI Alternative Inc Y (PSCIX)

Fund Assets	408.59M
Expense Ratio	1.471%
Min. Investment	$100,000
Turnover	236.00%
Dividend (ttm)	0.34
Dividend Yield	3.43%
Dividend Growth	-23.89%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 1, 2026

Previous Close	9.98
YTD Return	2.21%
1-Year Return	3.27%
5-Year Return	22.55%
52-Week Low	9.98
52-Week High	10.28
Beta (5Y)	0.09
Holdings	243
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.

• Fund Family: American Beacon
• Category: Relative Value Arbitrage
• Performance Rating: High
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PSCIX
• Share Class: Y Class
• Index: ICE BofA US 3-Month T Bill TR IX

Performance

PSCIX had a total return of 3.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.65%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
SSIJX	R5 Class	1.35%
PSCAX	Investor Class	1.69%

Top 10 Holdings

17.13% of assets

Name	Symbol	Weight
MKS INC - MKS, Inc.	MKSI.1.25 06.01.30	2.19%
REDWOOD TRUST INC - Redwood Trust, Inc.	RWT.7.75 06.15.27	1.85%
HP ENTERPRISE CO - Hewlett Packard Enterprise Co.	HPE.7.625 09.01.27	1.85%
Jazz Investments I Ltd.	JAZZ.3.125 09.15.30	1.81%
Live Nation Entertainment, Inc.	LYV.3.125 01.15.29	1.74%
TERAWULF INC - Terawulf, Inc.	WULF.2.75 02.01.30	1.68%
Albemarle Corp.	ALB.7.25 03.01.27	1.53%
Sirius XM Holdings, Inc.	SIRI.3.75 03.15.28	1.51%
PG&E Corp.	PCG.4.25 12.01.27	1.49%
Pagaya Technologies Ltd.	PGY.6.125 10.01.29	1.48%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 1, 2026	$0.0226	Oct 2, 2026
Sep 1, 2026	$0.0252	Sep 2, 2026
Aug 3, 2026	$0.0287	Aug 4, 2026
Jul 1, 2026	$0.0218	Jul 2, 2026
Jun 1, 2026	$0.0295	Jun 2, 2026
May 1, 2026	$0.0271	May 4, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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