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American Beacon The London Company Income Equity Fund
mutual fund
ABCVX
Payout Change
Pending
Price as of:
$21.1
+0.16
+0.76%
primary theme
U.S. Large-Cap Value Equity
share class
ABCVX (Mutual Fund)
American Beacon The London Company Income Equity Fund
Payout Change
Pending
Price as of:
$21.1
+0.16
+0.76%
primary theme
U.S. Large-Cap Value Equity
share class
ABCVX (Mutual Fund)
American Beacon The London Company Income Equity Fund
Payout Change
Pending
Price as of:
$21.1
+0.16
+0.76%
primary theme
U.S. Large-Cap Value Equity
share class
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
13.5%
1 yr return
13.5%
3 Yr Avg Return
2.0%
5 Yr Avg Return
7.3%
Net Assets
$1.38 B
Holdings in Top 10
44.5%
52 WEEK LOW AND HIGH
$20.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.06%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 7.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
ABCVX - Profile
Distributions
- YTD Total Return 13.5%
- 3 Yr Annualized Total Return 2.0%
- 5 Yr Annualized Total Return 7.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.33%
- Dividend Yield 1.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAmerican Beacon The London Company Income Equity Fund
-
Fund Family NameAmerican Beacon
-
Inception DateMay 29, 2012
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJ. Brian Campbell
ABCVX - Performance
Return Ranking - Trailing
| Period | ABCVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.5% | -32.7% | 51.5% | 97.19% |
| 1 Yr | 13.5% | -32.4% | 51.6% | 97.66% |
| 3 Yr | 2.0%* | -9.5% | 17.8% | 98.95% |
| 5 Yr | 7.3%* | -2.1% | 43.8% | 95.48% |
| 10 Yr | 7.9%* | 1.2% | 24.7% | 85.92% |
* Annualized
Return Ranking - Calendar
| Period | ABCVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.5% | -16.9% | 46.1% | 72.42% |
| 2022 | -15.7% | -64.7% | 4.6% | 79.09% |
| 2021 | 23.3% | -44.2% | 57.5% | 16.26% |
| 2020 | 5.4% | -23.2% | 285.0% | 12.85% |
| 2019 | 18.1% | -21.4% | 48.5% | 57.91% |
Total Return Ranking - Trailing
| Period | ABCVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.5% | -32.7% | 51.5% | 97.19% |
| 1 Yr | 13.5% | -32.4% | 51.6% | 97.66% |
| 3 Yr | 2.0%* | -9.5% | 17.8% | 98.95% |
| 5 Yr | 7.3%* | -2.1% | 43.8% | 95.48% |
| 10 Yr | 7.9%* | 1.2% | 24.7% | 85.92% |
* Annualized
Total Return Ranking - Calendar
| Period | ABCVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.3% | -15.9% | 46.7% | 87.90% |
| 2022 | -12.0% | -42.0% | 8.5% | 91.83% |
| 2021 | 25.8% | 3.6% | 129.7% | 52.01% |
| 2020 | 8.5% | -22.6% | 304.8% | 15.06% |
| 2019 | 28.1% | -12.7% | 52.1% | 23.06% |
NAV & Total Return History
ABCVX - Holdings
Concentration Analysis
| ABCVX | Category Low | Category High | ABCVX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.38 B | 2.09 M | 163 B | 42.56% |
| Number of Holdings | 33 | 2 | 1727 | 92.52% |
| Net Assets in Top 10 | 643 M | 466 K | 39.5 B | 33.21% |
| Weighting of Top 10 | 44.47% | 4.4% | 99.1% | 9.09% |
Top 10 Holdings
- Apple, Inc. 5.45%
- Berkshire Hathaway, Inc. 5.03%
- Texas Instruments, Inc. 4.75%
- Philip Morris International, Inc. 4.53%
- Progressive Corp. 4.48%
- Air Products Chemicals, Inc. 4.47%
- BlackRock, Inc. 4.25%
- Norfolk Southern Corp. 4.01%
- Lowe's Cos., Inc. 3.89%
- Microsoft Corp. 3.61%
Asset Allocation
| Weighting | Return Low | Return High | ABCVX % Rank | |
|---|---|---|---|---|
| Stocks | 96.49% | 4.16% | 102.49% | 78.86% |
| Cash | 4.51% | 0.00% | 17.28% | 10.57% |
| Other | 0.10% | -2.59% | 39.89% | 18.15% |
| Preferred Stocks | 0.00% | 0.00% | 13.68% | 11.79% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 5.92% |
| Bonds | 0.00% | 0.00% | 97.99% | 10.20% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ABCVX % Rank | |
|---|---|---|---|---|
| Technology | 19.38% | 0.00% | 54.02% | 6.42% |
| Consumer Defense | 15.27% | 0.00% | 34.10% | 5.85% |
| Financial Services | 13.50% | 0.00% | 58.05% | 88.95% |
| Industrials | 12.54% | 0.00% | 42.76% | 35.22% |
| Healthcare | 11.11% | 0.00% | 30.08% | 92.07% |
| Communication Services | 7.17% | 0.00% | 26.58% | 27.29% |
| Consumer Cyclical | 6.63% | 0.00% | 22.74% | 38.34% |
| Real Estate | 4.24% | 0.00% | 90.54% | 29.18% |
| Utilities | 3.76% | 0.00% | 27.04% | 61.10% |
| Energy | 3.34% | 0.00% | 54.00% | 89.52% |
| Basic Materials | 3.07% | 0.00% | 20.01% | 56.94% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ABCVX % Rank | |
|---|---|---|---|---|
| US | 96.49% | 4.16% | 102.49% | 59.31% |
| Non US | 0.00% | 0.00% | 24.08% | 35.08% |
ABCVX - Expenses
Operational Fees
| ABCVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.06% | 0.03% | 14.82% | 36.43% |
| Management Fee | 0.65% | 0.00% | 1.50% | 65.29% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 0.55% |
| Administrative Fee | N/A | 0.00% | 0.50% | 90.66% |
Sales Fees
| ABCVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| ABCVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| ABCVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 7.00% | 0.00% | 488.00% | 2.84% |
ABCVX - Distributions
Dividend Yield Analysis
| ABCVX | Category Low | Category High | ABCVX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.84% | 0.00% | 16.67% | 52.15% |
Dividend Distribution Analysis
| ABCVX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| ABCVX | Category Low | Category High | ABCVX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.33% | -1.51% | 4.28% | 50.48% |
Capital Gain Distribution Analysis
| ABCVX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 02, 2024 | $0.032 | OrdinaryDividend |
| Nov 01, 2024 | $0.011 | OrdinaryDividend |
| Oct 01, 2024 | $0.033 | OrdinaryDividend |
| Sep 03, 2024 | $0.040 | OrdinaryDividend |
| Aug 01, 2024 | $0.019 | OrdinaryDividend |
| May 01, 2024 | $0.022 | OrdinaryDividend |
| Apr 01, 2024 | $0.038 | OrdinaryDividend |
| Mar 01, 2024 | $0.039 | OrdinaryDividend |
| Feb 01, 2024 | $0.021 | OrdinaryDividend |
| Dec 29, 2023 | $0.046 | OrdinaryDividend |
| Dec 01, 2023 | $0.034 | OrdinaryDividend |
| Nov 01, 2023 | $0.014 | OrdinaryDividend |
| Oct 02, 2023 | $0.038 | OrdinaryDividend |
| Sep 01, 2023 | $0.041 | OrdinaryDividend |
| Aug 01, 2023 | $0.027 | OrdinaryDividend |
| Jul 03, 2023 | $0.039 | OrdinaryDividend |
| Jun 01, 2023 | $0.037 | OrdinaryDividend |
| May 01, 2023 | $0.020 | OrdinaryDividend |
| Apr 03, 2023 | $0.044 | OrdinaryDividend |
| Mar 01, 2023 | $0.027 | OrdinaryDividend |
| Feb 01, 2023 | $0.021 | OrdinaryDividend |
| Dec 30, 2022 | $0.037 | OrdinaryDividend |
| Dec 22, 2022 | $0.541 | CapitalGainLongTerm |
| Dec 01, 2022 | $0.029 | OrdinaryDividend |
| Nov 01, 2022 | $0.015 | OrdinaryDividend |
| Oct 03, 2022 | $0.036 | OrdinaryDividend |
| Sep 01, 2022 | $0.029 | OrdinaryDividend |
| Aug 01, 2022 | $0.027 | OrdinaryDividend |
| Jul 01, 2022 | $0.033 | OrdinaryDividend |
| Jun 01, 2022 | $0.030 | OrdinaryDividend |
| May 02, 2022 | $0.014 | OrdinaryDividend |
| Apr 01, 2022 | $0.031 | OrdinaryDividend |
| Mar 01, 2022 | $0.026 | OrdinaryDividend |
| Feb 01, 2022 | $0.017 | OrdinaryDividend |
| Dec 31, 2021 | $0.040 | OrdinaryDividend |
| Dec 22, 2021 | $0.137 | OrdinaryDividend |
| Dec 01, 2021 | $0.018 | OrdinaryDividend |
| Nov 01, 2021 | $0.011 | OrdinaryDividend |
| Oct 01, 2021 | $0.028 | OrdinaryDividend |
| Sep 01, 2021 | $0.023 | OrdinaryDividend |
| Aug 02, 2021 | $0.028 | OrdinaryDividend |
| Jul 01, 2021 | $0.030 | OrdinaryDividend |
| Jun 01, 2021 | $0.021 | OrdinaryDividend |
| May 03, 2021 | $0.018 | OrdinaryDividend |
| Apr 01, 2021 | $0.029 | OrdinaryDividend |
| Mar 01, 2021 | $0.024 | OrdinaryDividend |
| Feb 01, 2021 | $0.018 | OrdinaryDividend |
| Dec 31, 2020 | $0.034 | OrdinaryDividend |
| Dec 11, 2020 | $0.210 | OrdinaryDividend |
| Dec 01, 2020 | $0.022 | OrdinaryDividend |
| Nov 02, 2020 | $0.009 | OrdinaryDividend |
| Oct 01, 2020 | $0.031 | OrdinaryDividend |
| Sep 01, 2020 | $0.022 | OrdinaryDividend |
| Aug 03, 2020 | $0.017 | OrdinaryDividend |
| Jul 01, 2020 | $0.027 | OrdinaryDividend |
| Jun 01, 2020 | $0.035 | OrdinaryDividend |
| May 01, 2020 | $0.013 | OrdinaryDividend |
| Apr 01, 2020 | $0.024 | OrdinaryDividend |
| Mar 02, 2020 | $0.041 | OrdinaryDividend |
| Feb 03, 2020 | $0.018 | OrdinaryDividend |
| Dec 31, 2019 | $0.030 | OrdinaryDividend |
| Dec 20, 2019 | $0.029 | CapitalGainShortTerm |
| Dec 20, 2019 | $1.146 | CapitalGainLongTerm |
| Dec 02, 2019 | $0.033 | OrdinaryDividend |
| Nov 01, 2019 | $0.021 | OrdinaryDividend |
| Oct 01, 2019 | $0.024 | OrdinaryDividend |
| Sep 03, 2019 | $0.041 | OrdinaryDividend |
| Aug 01, 2019 | $0.018 | OrdinaryDividend |
| Jul 01, 2019 | $0.021 | OrdinaryDividend |
| Jun 03, 2019 | $0.047 | OrdinaryDividend |
| May 01, 2019 | $0.014 | OrdinaryDividend |
| Apr 01, 2019 | $0.019 | OrdinaryDividend |
| Mar 01, 2019 | $0.035 | OrdinaryDividend |
| Feb 01, 2019 | $0.025 | OrdinaryDividend |
| Dec 31, 2018 | $0.039 | OrdinaryDividend |
| Dec 20, 2018 | $0.026 | CapitalGainShortTerm |
| Dec 20, 2018 | $0.248 | CapitalGainLongTerm |
| Dec 03, 2018 | $0.042 | OrdinaryDividend |
| Nov 01, 2018 | $0.008 | OrdinaryDividend |
| Sep 04, 2018 | $0.050 | OrdinaryDividend |
| Aug 01, 2018 | $0.009 | OrdinaryDividend |
| Jul 02, 2018 | $0.017 | OrdinaryDividend |
| Jun 01, 2018 | $0.048 | OrdinaryDividend |
| May 01, 2018 | $0.006 | OrdinaryDividend |
| Apr 02, 2018 | $0.019 | OrdinaryDividend |
| Mar 01, 2018 | $0.045 | OrdinaryDividend |
| Feb 01, 2018 | $0.011 | OrdinaryDividend |
| Jan 02, 2018 | $0.019 | OrdinaryDividend |
| Dec 01, 2017 | $0.041 | OrdinaryDividend |
| Nov 01, 2017 | $0.013 | OrdinaryDividend |
| Oct 02, 2017 | $0.021 | OrdinaryDividend |
| Sep 01, 2017 | $0.044 | OrdinaryDividend |
| Aug 01, 2017 | $0.013 | OrdinaryDividend |
| Jul 03, 2017 | $0.024 | OrdinaryDividend |
| Jun 01, 2017 | $0.035 | OrdinaryDividend |
| May 01, 2017 | $0.010 | OrdinaryDividend |
| Apr 03, 2017 | $0.021 | OrdinaryDividend |
| Mar 01, 2017 | $0.039 | OrdinaryDividend |
| Feb 01, 2017 | $0.012 | OrdinaryDividend |
| Jan 03, 2017 | $0.016 | OrdinaryDividend |
| Dec 22, 2016 | $0.098 | CapitalGainLongTerm |
| Dec 01, 2016 | $0.034 | OrdinaryDividend |
| Nov 01, 2016 | $0.012 | OrdinaryDividend |
| Oct 03, 2016 | $0.020 | OrdinaryDividend |
| Sep 01, 2016 | $0.036 | OrdinaryDividend |
| Aug 01, 2016 | $0.007 | OrdinaryDividend |
| Jul 01, 2016 | $0.031 | OrdinaryDividend |
| Jun 01, 2016 | $0.030 | OrdinaryDividend |
| May 02, 2016 | $0.011 | OrdinaryDividend |
| Apr 01, 2016 | $0.014 | OrdinaryDividend |
| Mar 01, 2016 | $0.029 | OrdinaryDividend |
| Feb 01, 2016 | $0.007 | OrdinaryDividend |
| Jan 04, 2016 | $0.031 | OrdinaryDividend |
| Dec 01, 2015 | $0.028 | OrdinaryDividend |
| Nov 02, 2015 | $0.018 | OrdinaryDividend |
| Oct 01, 2015 | $0.026 | OrdinaryDividend |
| Sep 01, 2015 | $0.028 | OrdinaryDividend |
| Aug 03, 2015 | $0.011 | OrdinaryDividend |
| Jul 01, 2015 | $0.024 | OrdinaryDividend |
| Jun 01, 2015 | $0.034 | OrdinaryDividend |
| May 01, 2015 | $0.011 | OrdinaryDividend |
| Apr 01, 2015 | $0.027 | OrdinaryDividend |
| Mar 02, 2015 | $0.024 | OrdinaryDividend |
| Feb 02, 2015 | $0.011 | OrdinaryDividend |
| Jan 02, 2015 | $0.029 | OrdinaryDividend |
| Dec 22, 2014 | $0.032 | CapitalGainShortTerm |
| Dec 22, 2014 | $0.090 | CapitalGainLongTerm |
| Dec 01, 2014 | $0.029 | OrdinaryDividend |
| Nov 03, 2014 | $0.009 | OrdinaryDividend |
| Oct 01, 2014 | $0.030 | OrdinaryDividend |
| Sep 02, 2014 | $0.025 | OrdinaryDividend |
| Aug 01, 2014 | $0.016 | OrdinaryDividend |
| Jul 01, 2014 | $0.031 | OrdinaryDividend |
| Jun 02, 2014 | $0.036 | OrdinaryDividend |
| May 01, 2014 | $0.006 | OrdinaryDividend |
| Apr 01, 2014 | $0.016 | OrdinaryDividend |
| Mar 03, 2014 | $0.030 | OrdinaryDividend |
| Feb 03, 2014 | $0.004 | OrdinaryDividend |
| Jan 02, 2014 | $0.018 | OrdinaryDividend |
| Dec 20, 2013 | $0.054 | CapitalGainShortTerm |
| Dec 20, 2013 | $0.035 | CapitalGainLongTerm |
| Dec 02, 2013 | $0.026 | OrdinaryDividend |
| Nov 01, 2013 | $0.014 | OrdinaryDividend |
| Oct 01, 2013 | $0.022 | OrdinaryDividend |
| Sep 03, 2013 | $0.017 | OrdinaryDividend |
| Aug 01, 2013 | $0.020 | OrdinaryDividend |
| Jul 01, 2013 | $0.023 | OrdinaryDividend |
| Jun 03, 2013 | $0.023 | OrdinaryDividend |
| May 01, 2013 | $0.008 | OrdinaryDividend |
| Apr 01, 2013 | $0.016 | OrdinaryDividend |
| Mar 01, 2013 | $0.021 | OrdinaryDividend |
| Feb 01, 2013 | $0.008 | OrdinaryDividend |
| Jan 02, 2013 | $0.026 | OrdinaryDividend |
| Dec 20, 2012 | $0.003 | CapitalGainShortTerm |
| Dec 20, 2012 | $0.005 | CapitalGainLongTerm |
| Dec 03, 2012 | $0.086 | OrdinaryDividend |
| Oct 01, 2012 | $0.017 | OrdinaryDividend |
| Sep 04, 2012 | $0.028 | OrdinaryDividend |
| Aug 01, 2012 | $0.016 | OrdinaryDividend |
| Jul 02, 2012 | $0.025 | OrdinaryDividend |
ABCVX - Fund Manager Analysis
Managers
J. Brian Campbell
Start Date
Tenure
Tenure Rank
May 29, 2012
10.01
10.0%
J. Brian Campbell CFA, Co-Lead Portfolio Manager. He has served as Portfolio Manager since he joined The London Company of Virginia, LLC in 2010. Prior to joining The London Company, he was a Portfolio Manager and the Director of Research at Hilliard Lyons Capital Management from 2004 to 2010. He has over 15 years of investment experience.
Mark DeVaul
Start Date
Tenure
Tenure Rank
May 29, 2012
10.01
10.0%
Mark E. DeVaul CFA, CPA, Portfolio Manager. He has served as Portfolio Manager since he joined The London Company of Virginia, LLC in 2011. Previously he served as Portfolio Manager at Beacon Capital Management from 2010 to 2011 and Equity Research Analyst at Nuveen Investments from 2002 to 2009. He has over 20 years of investment experience.
Stephen Goddard
Start Date
Tenure
Tenure Rank
May 29, 2012
10.01
10.0%
Stephen M. Goddard, CFA, is Founder, Managing Principal, Chief Investment Officer, Lead Portfolio Manager of The London Company, and heads the firm’s investment committee. Beginning his career as an analyst in 1985 for Scott & Stringfellow, followed by Senior Portfolio Management positions at CFB Advisory in 1988 and Flippin, Bruce & Porter in 1990. A CFA charterholder, member of the CFA Society Virginia, and a former Board member of the Virginia Asset Management Investment Corporation. Mr. Goddard earned his B.A. in Economics from Virginia Military Institute and a MBA from the University of Richmond. Mr. Goddard is a member of the Executive Advisory Council (EAC) of the Robins School of Business at the University of Richmond and also serves as a member of the Virginia Military Institute Foundation Investment Committee.
Jonathan Moody
Start Date
Tenure
Tenure Rank
May 29, 2012
10.01
10.0%
Jonathan Moody CFA, Principal and Portfolio Manager, joined The London Company of Virginia, LLC in 2002. He has served as a Portfolio Manager since 2002 and has been a Principal since 2010. Previously, he founded Primary Research Group. Mr. Moody started his career at Woodward and Associates in 1986, followed by analyst/portfolio manager positions at Piedmont Capital and Crestar Asset Management (now Trusco) in 1997 to 1998. Mr. Moody also worked at BB&T Capital Markets from 1999 to 2001. Mr. Moody performed his graduate studies in Biomedical Engineering at the University of North Carolina at Chapel Hill and received his BS in Electrical Engineering from the Virginia Military Institute in 1986. Mr. Moody is a CFA charterholder and a member of the CFA Society Virginia.
Samuel Hutchings
Start Date
Tenure
Tenure Rank
Dec 29, 2020
1.42
1.4%
Sam Hutchings, CFA, Principal and Portfolio Manager, is jointly and primarily responsible for the management of the Fund. Prior to joining The London Company in 2015, he worked for FactSet Research Systems as a Senior Consultant and for Eaton Vance Investment Managers as a Research Associate. Mr. Hutchings has over 9 years of experience working in the investment management industry. Mr. Hutchings received his BA from the College of the Holy Cross and his MBA from the Darden School of Business at the University of Virginia. Mr. Hutchings is a CFA charterholder and a member of the CFA Society Virginia.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.12 | 6.71 |
