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American Beacon EAM International Small Cap Fund
mutual fund
TOVIX
Payout Change
Pending
Price as of:
$15.89
+0.05
+0.32%
primary theme
International Large-Cap Blend Equity
share class
TOVIX (Mutual Fund)
American Beacon EAM International Small Cap Fund
Payout Change
Pending
Price as of:
$15.89
+0.05
+0.32%
primary theme
International Large-Cap Blend Equity
share class
TOVIX (Mutual Fund)
American Beacon EAM International Small Cap Fund
Payout Change
Pending
Price as of:
$15.89
+0.05
+0.32%
primary theme
International Large-Cap Blend 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
4.7%
1 yr return
6.2%
3 Yr Avg Return
-0.9%
5 Yr Avg Return
3.4%
Net Assets
$127 M
Holdings in Top 10
11.6%
52 WEEK LOW AND HIGH
$15.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.22%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 34.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250,000
IRA
N/A
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
TOVIX - Profile
Distributions
- YTD Total Return 4.7%
- 3 Yr Annualized Total Return -0.9%
- 5 Yr Annualized Total Return 3.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.15%
- Dividend Yield 2.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAmerican Beacon EAM International Small Cap Fund
-
Fund Family NameAmerican Beacon
-
Inception DateJan 22, 2019
-
Shares OutstandingN/A
-
Share ClassR5
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJames Hunt
Fund Description
Under normal circumstances, at least 80% of the Fund’s net assets (plus the amount of any borrowings for investment purposes) are invested in equity securities of small market capitalization companies that are economically tied to countries outside of the United States, including developed and emerging market countries. The Fund considers a company to be economically tied to a country outside of the United States if the company is included in the MSCI®ACWI ex USA Small Cap Index or is otherwise classified by MSCI as a non-United States company. The Fund may also consider other companies to be economically tied to a country outside of the United States if the sub-advisor determines that
| ■ | the company’s security is primarily listed for trading in a non-United States market; |
| ■ | the company is headquartered in a non-United States country; or |
| ■ | the company has at least half of its assets or derives at least half of its revenues outside the United States. |
These companies have market capitalizations within the market capitalization range of the companies in the MSCI ACWI ex USA Small Cap Index at the time of investment. The market capitalization range of the MSCI ACWI ex USA Small Cap Index was $10.2 million to $7.6 billion as of December 29, 2023. The Fund may hold smaller companies considered micro-capitalization companies, as well as mid-capitalization companies. The Fund invests principally in equity securities, which may include common stocks, depositary receipts and U.S. dollar-denominated foreign stocks traded on U.S. exchanges. The Fund’s investments in equity securities may be denominated in foreign currencies, and the Fund may invest directly in foreign currencies.
The investment process of the Fund’s sub-advisor is based on bottom-up analysis of companies rather than top-down country or sector allocation. The sub-advisor’s process is intended to add long-term value primarily through stock selection. The Fund may have significant exposure to Japanese and European companies. However, as the composition of the Fund’s portfolio changes over time, the Fund’s exposure to Japan and Europe may be lower at a future date, and the Fund’s exposure to other countries or regions may be higher.
The sub-advisor seeks to generate returns by harnessing the power of the momentum premium, which is the principle that companies that have outperformed in the recent past will continue to outperform for a period of time. The sub-advisor seeks to exploit behavioral biases around change, which cause investors to underreact to new information. The sub-advisor believes these underreactions to new information lead to opportunities to invest in companies with improving or accelerating financial performance that is expected to continue, otherwise known as momentum. The sub-advisor’s disciplined “Informed Momentum” approach to investing combines stock selection, tailored risk management, and efficient implementation to seek to harness the momentum premium to generate returns. The stocks of companies held by the Fund may exhibit characteristics of both value stocks and growth stocks during the time they are held by the Fund. The Fund holds approximately 100-150 investments.
The Fund may also invest cash balances in other investment companies, including a government money market fund advised by the Manager, with respect to which the Manager also receives a management fee. The Fund may seek to earn additional income by lending its securities to certain qualified broker-dealers and institutions on a short-term or long-term basis.
The Fund may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies.
TOVIX - Performance
Return Ranking - Trailing
| Period | TOVIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.7% | -12.5% | 24.0% | 53.48% |
| 1 Yr | 6.2% | -11.8% | 28.6% | 44.15% |
| 3 Yr | -0.9%* | -15.0% | 44.7% | 85.69% |
| 5 Yr | 3.4%* | -34.2% | 73.2% | 77.93% |
| 10 Yr | N/A* | 0.9% | 31.8% | 51.45% |
* Annualized
Return Ranking - Calendar
| Period | TOVIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.8% | -1.4% | 22.0% | 41.82% |
| 2022 | -21.7% | -43.6% | 71.3% | 87.18% |
| 2021 | 3.5% | -28.5% | 18.9% | 61.24% |
| 2020 | 12.2% | -90.1% | 992.1% | 26.80% |
| 2019 | N/A | -1.9% | 38.8% | N/A |
Total Return Ranking - Trailing
| Period | TOVIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.7% | -12.5% | 24.0% | 53.48% |
| 1 Yr | 6.2% | -11.8% | 28.6% | 44.15% |
| 3 Yr | -0.9%* | -15.0% | 44.7% | 85.69% |
| 5 Yr | 3.4%* | -34.2% | 73.2% | 77.93% |
| 10 Yr | N/A* | 0.9% | 31.8% | 47.45% |
* Annualized
Total Return Ranking - Calendar
| Period | TOVIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.1% | 3.2% | 23.8% | 51.73% |
| 2022 | -20.3% | -43.6% | 144.8% | 91.51% |
| 2021 | 7.8% | -22.6% | 56.0% | 72.15% |
| 2020 | 12.9% | -89.7% | 1010.8% | 33.17% |
| 2019 | N/A | 4.3% | 38.8% | N/A |
NAV & Total Return History
TOVIX - Holdings
Concentration Analysis
| TOVIX | Category Low | Category High | TOVIX % Rank | |
|---|---|---|---|---|
| Net Assets | 127 M | 3.3 M | 443 B | 85.78% |
| Number of Holdings | 137 | 1 | 10898 | 51.41% |
| Net Assets in Top 10 | 14.7 M | 1.01 M | 47.5 B | 91.56% |
| Weighting of Top 10 | 11.58% | 4.6% | 147.7% | 94.65% |
Top 10 Holdings
- American Beacon U.S. Government Money Market Select Fund 2.90%
- Hanwha Aerospace Co. Ltd. 1.12%
- Telix Pharmaceuticals Ltd. 0.99%
- Jentech Precision Industrial Co. Ltd. 0.98%
- HUB24 Ltd. 0.98%
- Lotus Bakeries NV 0.96%
- Yangzijiang Shipbuilding Holdings Ltd. 0.92%
- Van Lanschot Kempen NV 0.92%
- LIG Nex1 Co. Ltd. 0.90%
- Qifu Technology, Inc. 0.90%
Asset Allocation
| Weighting | Return Low | Return High | TOVIX % Rank | |
|---|---|---|---|---|
| Stocks | 95.86% | 0.00% | 102.32% | 79.06% |
| Cash | 3.33% | 0.00% | 44.84% | 19.38% |
| Preferred Stocks | 0.81% | -0.16% | 6.89% | 20.94% |
| Other | 0.00% | -2.12% | 47.54% | 90.63% |
| Convertible Bonds | 0.00% | 0.00% | 4.18% | 95.14% |
| Bonds | 0.00% | 0.00% | 95.29% | 95.16% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | TOVIX % Rank | |
|---|---|---|---|---|
| Industrials | 21.73% | 5.17% | 99.49% | 5.93% |
| Technology | 17.81% | 0.00% | 36.32% | 5.45% |
| Healthcare | 15.07% | 0.00% | 20.35% | 15.22% |
| Communication Services | 11.61% | 0.00% | 21.69% | 4.81% |
| Consumer Defense | 9.60% | 0.00% | 32.29% | 45.35% |
| Consumer Cyclical | 7.61% | 0.00% | 36.36% | 85.10% |
| Basic Materials | 7.59% | 0.00% | 23.86% | 62.66% |
| Financial Services | 5.99% | 0.00% | 47.75% | 96.47% |
| Energy | 3.00% | 0.00% | 16.89% | 79.65% |
| Utilities | 0.00% | 0.00% | 13.68% | 99.68% |
| Real Estate | 0.00% | 0.00% | 14.59% | 99.04% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | TOVIX % Rank | |
|---|---|---|---|---|
| Non US | 93.37% | 0.00% | 99.42% | 37.34% |
| US | 2.49% | 0.00% | 102.01% | 67.97% |
TOVIX - Expenses
Operational Fees
| TOVIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.22% | 0.01% | 19.62% | 35.52% |
| Management Fee | 0.75% | 0.00% | 1.65% | 72.17% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 15.85% |
| Administrative Fee | N/A | 0.01% | 1.00% | N/A |
Sales Fees
| TOVIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| TOVIX 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.
| TOVIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 34.00% | 2.00% | 247.00% | 49.82% |
TOVIX - Distributions
Dividend Yield Analysis
| TOVIX | Category Low | Category High | TOVIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.13% | 0.00% | 17.49% | 60.63% |
Dividend Distribution Analysis
| TOVIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | SemiAnnual |
Net Income Ratio Analysis
| TOVIX | Category Low | Category High | TOVIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.15% | -0.93% | 6.38% | 2.24% |
Capital Gain Distribution Analysis
| TOVIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2024 | $0.250 | OrdinaryDividend |
| Dec 20, 2024 | $1.117 | CapitalGainShortTerm |
| Dec 20, 2024 | $0.286 | CapitalGainLongTerm |
| Dec 21, 2023 | $0.338 | OrdinaryDividend |
| Dec 22, 2022 | $0.270 | OrdinaryDividend |
| Dec 22, 2021 | $0.765 | OrdinaryDividend |
| Dec 22, 2020 | $0.119 | OrdinaryDividend |
| Dec 20, 2019 | $0.386 | OrdinaryDividend |
TOVIX - Fund Manager Analysis
Managers
James Hunt
Start Date
Tenure
Tenure Rank
Jul 01, 2001
20.93
20.9%
James E. Hunt has been a portfolio manager with Tocqueville Asset Management, L.P. since 2000. Mr. Hunt also serves as a Portfolio Manager of Tocqueville Asset Management, L.P. and served as Director of Research from 2000 – 2006. Prior to joining Tocqueville Asset Management, L.P., Mr. Hunt was President of Hunt Asset Management from 1999 to 2000. Prior to forming Hunt Asset Management, he spent eight years with Lehman Brothers and two years with Warburg Dillon Read in their respective investment banking departments. He began his career in 1984 as an Equity Analyst with Delafield Asset Management, Inc. Mr. Hunt holds an MBA from Yale University and a BA from Brown University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.35 | 6.32 | 3.25 |
