About TFBYX
American Beacon TwentyFour Sustainable Short Term Bond Fund Y is an actively managed mutual fund specializing in short-duration, investment-grade fixed income securities. Its primary objective is to provide a positive return through a combination of income and, secondarily, capital growth, with a particular emphasis on capital preservation. The fund is distinguished by its global approach, investing across North America, Europe, and select developed markets, with notable allocations to issuers from the United Kingdom, United States, Germany, and France.
Managed by TwentyFour Asset Management, it applies rigorous environmental, social, and governance (ESG) criteria in its selection process, integrating sustainability factors while focusing on credit quality and risk management. The portfolio is predominantly composed of investment-grade corporate and government bonds, with modest exposure to high-yield issues. Financial sector holdings feature prominently, including major banks and insurance companies, reflecting the fund’s strategy of balancing sector diversification with quality.
Short-term duration targeting reduces sensitivity to interest rate fluctuations, aiming for relatively stable returns, making the fund suitable for investors seeking conservative, globally diversified exposure to the fixed income market with an ESG overlay.
Fund Family American Beacon
Category Short-Term Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol TFBYX
Share Class Y Class
Index ICE BofA U.S. Corporates 1-3 Years TR
TFBYX had a total return of 1.62% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.78%.
