About TFGPX
The American Beacon TwentyFour Strategic Income Fund Investor Class is a multisector bond mutual fund focusing on providing high current income, with a secondary objective of capital appreciation. Managed with a global perspective by TwentyFour Asset Management, the fund seeks diversified exposure across fixed-income markets, investing in a broad spectrum of instruments including U.S. Treasury obligations, corporate bonds, asset-backed securities, and derivatives that provide fixed-income exposure. Unlike traditional bond funds limited to a single category, this fund actively allocates assets among various sectors and credit qualities, which may include significant holdings in non-investment grade or speculative securities, commonly known as high-yield or "junk" bonds.
Its flexible mandate allows investment across different maturities and geographies, aiming to optimize risk-adjusted returns while maintaining capital preservation as a core focus. The fund’s portfolio commonly features a meaningful allocation to government securities and money market instruments for stability, as well as select positions in securitized and corporate credit for enhanced yield potential. By employing a dynamic, global approach to fixed-income management, the American Beacon TwentyFour Strategic Income Fund Investor Class serves as a versatile tool for investors seeking diversified sources of income within the broader bond market landscape.
Fund Family American Beacon
Category Multisector Bond
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol TFGPX
Share Class Investor Class
Index ICE BofA USD 3 Mth Deposit Offer Rt Const Mat TR
TFGPX had a total return of 1.03% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.77%.
