Use American to hedge against foreign markets instabilities. The fund experiences stable pattern. Watch out for signals
1 Month Beta ..........
0.14
As returns on market increase, American returns are expected to increase less than the market. However during bear market, the loss on holding American will be expected to be smaller as well.
The median price of American for the period between Tue, Apr 24, 2012 and Thu, May 24, 2012 is 8.91 with a coefficient of variation of 0.92. The daily time series for the period is distributed with a sample standard deviation of 0.08, arithmetic mean of 8.88, and mean deviation of 0.07. The Fund did not receive any noticable media coverage during the period.
American Beacon High Yld Bd A [ABHAX] is traded in USA and was established in May 16, 2010. The fund is listed under High Yield Bond category and is part of American Beacon family. This fund presently has accumulated 149.78 M in assets under management (AUM) with minimum initial investment of 2.5 K. American Beacon High Yld Bd A is currently producing year-to-date (YTD) return of 6.24% with the current yeild of 7.45%, while the total return for the last 3 years was 17.18%.
Fund Instrument Allocation for American
The fund consists of 94.03% investments in fixed income securities, with the rest of funds allocated in stocks, cash and various exotic instruments.
American Beacon High Yld Bd A is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of High Yield Bond category is currently estimated at about 186.35 Billion. American adds roughly 149.78 Million in net asset claiming only tiny portion of all funds under High Yield Bond category.
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