American Beacon Stephens Small Cap Growth Fund A Class (SPWAX)
| Fund Assets | 384.42M |
| Expense Ratio | 1.29% |
| Min. Investment | $2,500 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.99 |
| Dividend Yield | 7.82% |
| Dividend Growth | 482.26% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 12.07 |
| YTD Return | 3.16% |
| 1-Year Return | 12.87% |
| 5-Year Return | 44.78% |
| 52-Week Low | 9.54 |
| 52-Week High | 13.62 |
| Beta (5Y) | n/a |
| Holdings | 102 |
| Inception Date | Feb 24, 2012 |
About SPWAX
The American Beacon Stephens Small Cap Growth Fund A Class is a mutual fund designed to provide long-term capital growth by investing primarily in common stocks of U.S. companies with small market capitalizations. The fund is managed by Stephens Investment Management Group, which applies a disciplined, bottom-up approach combining quantitative analysis and fundamental research to identify promising growth stocks within the small-cap segment. The fund focuses on sectors such as technology, health care, consumer goods, and industrials, seeking to capitalize on the faster earnings and sales growth often found among smaller companies. With a portfolio typically comprising over 100 holdings, the fund aims to diversify risk within this dynamic market segment. Its investment approach is grounded in the belief that small-cap markets are less efficient and can offer unique growth opportunities for patient investors. The fund benchmarks its performance against the Russell 2000 Growth Index, reflecting its targeted exposure to high-growth small-cap equities.
Performance
SPWAX had a total return of 12.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.98%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FECGX | Fidelity | Fidelity Small Cap Growth Index Fund | 0.05% |
| FCIGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class I | 1.07% |
| FCPGX | Fidelity | Fidelity Small Cap Growth Fund | 1.05% |
| FCTGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class M | 1.58% |
| FCCGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class C | 2.08% |
Top 10 Holdings
20.64% of assets| Name | Symbol | Weight |
|---|---|---|
| U.S. Government Money Market S | n/a | 3.01% |
| Palomar Holdings, Inc. | PLMR | 2.21% |
| Kratos Defense & Security Solutions, Inc. | KTOS | 2.06% |
| CyberArk Software Ltd. | CYBR | 2.05% |
| FirstCash Holdings, Inc. | FCFS | 1.97% |
| EZCORP, Inc. | EZPW | 1.96% |
| BellRing Brands, Inc. | BRBR | 1.90% |
| RBC Bearings Incorporated | RBC | 1.89% |
| Leonardo DRS, Inc. | DRS | 1.87% |
| Exelixis, Inc. | EXEL | 1.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.9945 | Dec 23, 2024 |
| Dec 21, 2023 | $0.1708 | Dec 22, 2023 |
| Dec 22, 2022 | $1.4442 | Dec 23, 2022 |
| Dec 22, 2020 | $1.9253 | Dec 23, 2020 |
| Dec 20, 2019 | $1.6108 | Dec 23, 2019 |
| Dec 20, 2018 | $5.6482 | Dec 21, 2018 |