American Beacon Shapiro Equity Opportunities Fund - Investor Class (SHXPX)
American Beacon Shapiro Equity Opportunities Fund - Investor Class operates in the Asset Management industry of the Financial Services sector, headquartered in Irving, TX, US. The stock last traded at $7.45, up 0.13% on the session, giving a market capitalisation of $27.3M. Its beta of 1.09 implies it has historically moved more than the broad market.
Under typical market conditions, this fund allocates a minimum of 80% of its net assets—including any capital borrowed for investment purposes—to equity securities. Its primary focus is on common stocks issued by U.S. companies. The investment objective is pursued through a value-driven approach, whereby the fund's investment sub-advisor seeks to identify and acquire the common shares of businesses believed to be trading below their intrinsic worth. Notably, the fund is classified as non-diversified, allowing for greater concentration in its holdings.
American Beacon Shapiro Equity Opportunities Fund - Investor Class is most often compared with the following Financial Services names: