American Beacon Large Cap Value R5 (AADEX)
American Beacon Large Cap Value R5 operates in the Asset Management industry of the Financial Services sector, headquartered in Fort Worth, TX, US. The stock last traded at $29.56, up 0.68% on the session, giving a market capitalisation of $2.92B. Its beta of 0.72 implies it has historically moved less than the broad market.
Under typical conditions, this fund primarily allocates a minimum of 80% of its total net assets (which encompasses any borrowed money used for investments) to the shares of substantial American companies. These are defined as large-capitalization companies whose market values, at the point of acquisition, are within the same range as those found in the Russell 1000® Index.
American Beacon Large Cap Value R5 is most often compared with the following Financial Services names: