American Beacon Shapiro SMID Cap Eq R6 (SHDRX)
| Fund Assets | 29.89M |
| Expense Ratio | 0.90% |
| Min. Investment | $0.00 |
| Turnover | 67.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 4.44% |
| Dividend Growth | -47.19% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 10.47 |
| YTD Return | -1.53% |
| 1-Year Return | -2.12% |
| 5-Year Return | n/a |
| 52-Week Low | 7.67 |
| 52-Week High | 11.91 |
| Beta (5Y) | n/a |
| Holdings | 31 |
| Inception Date | Oct 28, 2021 |
About SHDRX
The American Beacon Shapiro SMID Cap Equity Fund R6 is a mutual fund designed to achieve long-term capital appreciation and generate current income. Managed by Shapiro Capital Management, the fund primarily invests in U.S. common stocks of small- and mid-capitalization companies, focusing on value-oriented opportunities identified through deep fundamental research and a team-driven investment process. The portfolio typically consists of a concentrated selection of holdings, which aims to capitalize on undervalued businesses across diverse sectors, including industrials, healthcare, technology, and consumer cyclical industries. By targeting small- and mid-sized companies, the fund offers investors exposure to a segment of the market that may provide growth potential and diversification benefits, albeit with increased volatility and lower liquidity than large-cap stocks. The fund underscores disciplined risk management, with value investing as a core strategy, and seeks to balance the opportunity for capital growth with the potential for current income through dividends. The American Beacon Shapiro SMID Cap Equity Fund R6 plays a role in supporting diversified equity portfolios, particularly for investors seeking an institutional-quality, value-focused approach in the small- and mid-cap market space.
Performance
SHDRX had a total return of -2.12% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.10%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VEVFX | Vanguard | Vanguard Explorer Value Fund | 0.49% |
Top 10 Holdings
48.09% of assets| Name | Symbol | Weight |
|---|---|---|
| Ultra Clean Holdings, Inc. | UCTT | 5.27% |
| Ecovyst Inc. | ECVT | 5.04% |
| NCR Voyix Corporation | VYX | 4.99% |
| Madison Square Garden Sports Corp. | MSGS | 4.94% |
| Elanco Animal Health Incorporated | ELAN | 4.82% |
| PENN Entertainment, Inc. | PENN | 4.73% |
| Tenable Holdings, Inc. | TENB | 4.70% |
| Topgolf Callaway Brands Corp. | MODG | 4.62% |
| MKS Inc. | MKSI | 4.54% |
| Ashland Inc. | ASH | 4.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.458 | Dec 23, 2024 |
| Dec 21, 2023 | $0.8673 | Dec 22, 2023 |
| Dec 22, 2022 | $0.2253 | Dec 23, 2022 |
| Dec 22, 2021 | $0.2576 | Dec 23, 2021 |