About TFBRX
The American Beacon TwentyFour Sustainable Short Term Bond Fund R6 is a mutual fund that primarily invests in investment-grade short-term bonds, focusing on securities with durations typically ranging from one to three and a half years. Its primary objective is to provide investors with a positive total return by combining income generation with, secondarily, capital growth. The fund employs a sustainable investment strategy, selecting bonds that meet certain environmental, social, and governance (ESG) criteria, aligning portfolio construction with responsible investing principles.
The fund holds a diverse mix of government, corporate, and securitized bonds, with notable allocations to U.S. Treasury notes, European sovereign debt, and high-quality corporate issuers. Its portfolio is managed to maintain moderate credit quality and limited sensitivity to interest rate changes, balancing risk and return for investors who seek relatively low volatility and steady income. The R6 share class is structured for large institutional retirement plans and carries a competitive annual expense ratio, appealing to organizations seeking cost efficiency in their fixed-income investments. Through its sustainable approach and emphasis on short-term bonds, the fund serves as a stable, yield-focused component within broader fixed-income strategies.
Fund Family American Beacon
Category Short-Term Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol TFBRX
Share Class R6 Class
Index ICE BofA U.S. Corporates 1-3 Years TR
TFBRX had a total return of 6.02% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.53%.