American Beacon The London Company Income Equity Fund Investor Class (ABCVX)
American Beacon The London Company Income Equity Fund Investor Class operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Irving, TX, US. The stock last traded at $23.67, down 0.13% on the session, giving a market capitalisation of $1.17B. On trailing twelve-month figures it carries a trailing P/E of 1.84, a net margin of 82.0%. Its beta of 0.67 implies it has historically moved less than the broad market.
The fund's main objective is to generate current income, with capital appreciation serving as a secondary goal. Typically, at least 80% of its net assets, including any funds borrowed for investment purposes, are allocated to various equity and equity-related securities. These investments span U.S. common stocks, American Depositary Receipts (ADRs), foreign stocks traded in U.S. dollars on U.S. exchanges, income trusts, Master Limited Partnerships (MLPs), preferred stocks, and Real Estate Investment Trusts (REITs). The strategy allows for investments in large- and mid-capitalization companies, usually maintaining a concentrated portfolio of 30 to 40 distinct issuers.
American Beacon The London Company Income Equity Fund Investor Class is most often compared with the following Financial Services names: