American Beacon Flexible Bond Fund

U.S. News evaluated 86 Nontraditional Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 2.03 percent over the past year.

Trailing Returns Updated 06.30.2014
Year to date 2.3%
1 Year 2.0%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to provide a positive total return regardless of market conditions. The fund normally invests at least 80% of its net assets, plus borrowings for investment purposes, in fixed-income instruments of varying maturities and derivative instruments that provide exposure to fixed income instruments. It invests in fixed income instruments without restrictions on their credit quality, although under normal market conditions, the fund's investments in non-investment grade securities is limited to 35% of the fund's total assets. The fund's weighted average portfolio duration may range from -5 to +8 years. It is non-diversified.

Fees

Fees are Low compared to funds in the same category.
American Beacon Flexible Bond Fund has an expense ratio of 0.99 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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