American Beacon Stephens Small Cap Growth Fund A Class (SPWAX)

Fund Assets	527.51M
Expense Ratio	1.28%
Min. Investment	$2,500
Turnover	35.00%
Dividend (ttm)	1.39
Dividend Yield	10.22%
Dividend Growth	39.66%
Payout Frequency	Annual
Ex-Dividend Date	Dec 22, 2025

Previous Close	13.63
YTD Return	16.82%
1-Year Return	20.53%
5-Year Return	29.22%
52-Week Low	11.03
52-Week High	14.15
Beta (5Y)	1.22
Holdings	103
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.

• Fund Family: American Beacon
• Category: Small Growth
• Performance Rating: Above Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: SPWAX
• Share Class: A Class
• Index: Russell 2000 Growth TR

Performance

SPWAX had a total return of 20.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.00%.

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 I	0.92%
FCPGX	Fidelity	Fidelity Small Cap Growth Fund	0.88%
FCTGX	Fidelity	Fidelity Advisor Small Cap Growth M	1.42%
FCCGX	Fidelity	Fidelity Advisor Small Cap Growth C	1.92%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
STSRX	R6 Class	0.96%
STSIX	R5 Class	0.99%
SPWYX	Y Class	1.05%
STSGX	Investor Class	1.27%

Top 10 Holdings

18.63% of assets

Name	Symbol	Weight
U.S. Government Money Market S	n/a	2.36%
Ligand Pharmaceuticals Incorporated	LGND	2.17%
Powell Industries, Inc.	POWL	1.86%
Xometry, Inc.	XMTR	1.85%
FirstCash Holdings, Inc.	FCFS	1.82%
EZCORP, Inc.	EZPW	1.78%
RBC Bearings Incorporated	RBC	1.76%
VSE Corporation	VSEC	1.75%
MACOM Technology Solutions Holdings, Inc.	MTSI	1.70%
nLIGHT, Inc.	LASR	1.58%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 22, 2025	$1.3889	Dec 23, 2025
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

Data Sources: Tiingo, Alpha Vantage, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Alpha Vantage. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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