American Beacon TwentyFour Strategic Income Fund - Investor Class (TFGPX)
American Beacon TwentyFour Strategic Income 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 $8.44, up 0.00% on the session, giving a market capitalisation of $606.8M. Its beta of 0.64 implies it has historically moved less than the broad market.
Under typical market conditions, the fund predominantly allocates its capital to debt instruments and financial derivatives that offer exposure to the bond market. Its holdings in fixed-income securities are not constrained by specific maturities or durations. The portfolio may also incorporate stakes in various other pooled investment vehicles, such as exchange-traded funds (ETFs) and government money market funds, alongside real estate investment trusts (REITs) and privately placed or illiquid securities. A substantial portion of the fund's total assets can be directed towards lower-rated, non-investment grade debt, as well as obligations issued by the U.S. Treasury.
American Beacon TwentyFour Strategic Income Fund - Investor Class is most often compared with the following Financial Services names: