American Beacon Funds - American Beacon Shapiro Equity Opportunities Fund (SHXCX)

Fund Assets	60.86M
Expense Ratio	1.82%
Min. Investment	$1,000
Turnover	57.00%
Dividend (ttm)	0.91
Dividend Yield	6.24%
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	Dec 22, 2025

Previous Close	14.77
YTD Return	-3.43%
1-Year Return	10.21%
5-Year Return	n/a
52-Week Low	10.63
52-Week High	15.77
Beta (5Y)	n/a
Holdings	27
Inception Date	Oct 28, 2021

About SHXCX

The American Beacon Shapiro Equity Opportunities Fund - Class C is a value-oriented mutual fund designed for long-term capital appreciation. Managed by Shapiro Capital Management, an investment advisory firm established in 1990, the fund employs deep fundamental research and a team-based investment process to construct concentrated portfolios. Its strategy emphasizes investing in undervalued U.S. equities, often focusing on small- and mid-cap companies, which can offer potential for growth but also present higher volatility and lower liquidity than large-cap stocks. Notably, the fund typically holds a smaller number of positions compared to more diversified funds, making it more sensitive to the performance of individual holdings. The fund’s approach is intended to limit downside risk relative to more aggressive stock strategies, offering a balance between risk mitigation and capital growth. It also participates in securities lending to enhance returns. The fund’s role in the market is to provide investors institutional-quality exposure to value stocks, leveraging the expertise of a veteran management team while accepting the inherent risks of concentration and smaller-cap equity investments.

• Fund Family: American Beacon
• Category: Mid-Cap Value
• Performance Rating: Average
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: SHXCX
• Share Class: C Class
• Index: Russell 3000 Value TR

Performance

SHXCX had a total return of 10.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.44%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FDVKX	Fidelity	Fidelity Value Discovery K6 Fund	0.45%
FAVCX	Fidelity	Fidelity Advisor Equity Value Fund	1.70%
FAEVX	Fidelity	Fidelity Advisor Equity Value Fund	0.55%
FAVAX	Fidelity	Fidelity Advisor Equity Value Fund	0.93%
FVDKX	Fidelity	Fidelity Value Discovery Fund - Class K	0.75%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
SHXIX	R5 Class	0.80%
SHXYX	Y Class	0.90%
SHXAX	A Class	1.07%
SHXPX	Investor Class	1.07%

Top 10 Holdings

48.57% of assets

Name	Symbol	Weight
Alphabet Inc.	GOOG	5.68%
Berkshire Hathaway Inc.	BRK.B	5.46%
Elanco Animal Health Incorporated	ELAN	5.43%
L3Harris Technologies, Inc.	LHX	4.78%
Truist Financial Corporation	TFC	4.61%
The Walt Disney Company	DIS	4.55%
NCR Voyix Corporation	VYX	4.55%
PENN Entertainment, Inc.	PENN	4.53%
Micron Technology, Inc.	MU	4.52%
Lionsgate Studios Corp.	LION	4.46%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 22, 2025	$0.9141	Dec 23, 2025
Dec 22, 2022	$0.9277	Dec 23, 2022
Dec 22, 2021	$0.1302	Dec 23, 2021