About SHOAX
American Beacon SiM High Yield Opportunities Fund Class A is an open-end mutual fund focused on below–investment-grade corporate credit. Its primary objective is to deliver high current income, with a secondary goal of capital appreciation, by investing predominantly in non‑investment‑grade bonds and related instruments, including select foreign and emerging-markets issuers when attractive risk-adjusted yields are available. The strategy emphasizes a diversified, actively managed portfolio with more than one hundred holdings, a relatively compact top-10 concentration, and monthly income distributions. Managed under the American Beacon umbrella with subadvisory expertise, the fund seeks to exploit credit market inefficiencies across sectors such as energy, industrials, services, and real estate, and may occasionally hold equity received through restructurings. With a long-running track record since 2011 and a high‑yield bond category mandate, it is positioned as an “edgier” approach within high yield due to bolder positioning and exposure to smaller issuances, aiming to add value versus standard benchmarks through security selection and active risk management.
Fund Family American Beacon
Category High Yield Bond
Performance Rating High
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol SHOAX
Share Class A Class
Index ICE BofA US High Yield TR USD
SHOAX had a total return of 3.57% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.10%.
