About TFGYX
The American Beacon TwentyFour Strategic Income Fund Y Class is an institutional open-end mutual fund specializing in multi-sector fixed-income investing. Its core objective is to deliver high current income, with a secondary emphasis on capital appreciation. Managed by TwentyFour Asset Management, the fund employs a globally diversified strategy, allocating assets across a wide array of fixed-income securities, including U.S. government and corporate bonds, foreign bonds, high-yield debt, asset-backed securities, and select derivatives for targeted exposure. With a portfolio typically holding over 300 securities, it is designed to navigate diverse interest rate and credit environments by utilizing flexible investment tools and rigorous risk management practices.
The fund distinguishes itself by its monthly income distribution and a commitment to transparent, risk-adjusted return generation. Its yield and sector allocation reflect active management and adaptability to global credit opportunities. A minimum investment of $100,000 is required, aligning the fund primarily with institutional investors and sophisticated market participants. In the fixed-income landscape, the fund serves as a global, multi-sector option for investors seeking income solutions with a moderate risk profile.
Fund Family American Beacon
Category Multisector Bond
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol TFGYX
Share Class Y Class
Index ICE BofA USD 3 Mth Deposit Offer Rt Const Mat TR
TFGYX had a total return of 1.66% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.14%.
