Fund Facts  

Inception Date: Aug 1, 1994
CUSIP: 02368A828
Ticker Symbol: AABPX
Morningstar Category:Allocation--50% to 70% Equity
As of Dec 31, 2021
Fund Net Assets ($millions) $185

Documents for Fund or Underlying Fund(s)  

Description

Objective  

The investment seeks income and capital appreciation.

Principal Investment Strategies  

Under normal circumstances, between 50% and 70% of the fund's total assets are invested in equity securities and between 30% and 50% of the fund's total assets are invested in debt securities. The fund's equity investments may include common stocks, convertible securities, real estate investment trusts ("REITs"), American Depositary Receipts ("ADRs") and U.S. dollar-denominated foreign stocks traded on U.S. exchanges (collectively referred to as "stocks"). It may invest in companies of all market capitalizations.

Principal Investment Risks  

There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. Please see the Fund’s prospectus or other disclosure documents for information about the Fund’s risks.

 

Performance & Expenses

Standard Performance As of Dec 31, 2021
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
American Beacon Balanced Inva4.26%16.33%16.33%14.65%9.19%9.53%8.02%
Russell 1000 Value Indexa,b7.77%25.16%25.16%17.64%11.16%12.97%N/A
Morningstar Allocation -- 50% to 70% Equitya,c4.79%13.89%13.89%14.85%10.39%9.33%N/A

Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, participants or plan sponsors in a MissionSquare Retirement administered account can log in at www.icmarc.org, or institutions can go to www.vantagepointfunds.org.

Fund performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.

Fund Expensesa
Gross Expenses1.01%
Net Expenses1.01%

 

a. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2021 All rights reserved. This information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.

b. The Russell 1000® Value Index measures the performance of the large-cap value segment of the U.S. equity universe. It includes those Russell 1000® Index companies with lower price-to-book ratios and lower expected growth values.

c. The Morningstar category average return represents the average return for a category of funds with similar investment objectives and strategies. The average is calculated and funds are assigned to a category by Morningstar.

Distributions

Dividends and Capital Gains  
Record Date Ex/Payable Date Income/Capital Gains Paid Per Share
Dec 22, 2021Dec 22, 2021$1.218200000
Oct 1, 2021Oct 1, 2021$0.127000000
Jul 1, 2021Jul 1, 2021$0.040900000
Apr 1, 2021Apr 1, 2021$0.047300000
Dec 22, 2020Dec 22, 2020$1.697700000
Oct 1, 2020Oct 1, 2020$0.108300000
Jul 1, 2020Jul 1, 2020$0.035800000
Apr 1, 2020Apr 1, 2020$0.062400000
Dec 20, 2019Dec 20, 2019$1.167000000
Oct 1, 2019Oct 1, 2019$0.071500000
Jul 1, 2019Jul 1, 2019$0.076500000
Apr 1, 2019Apr 1, 2019$0.075000000
Dec 20, 2018Dec 20, 2018$1.124800000
Oct 1, 2018Oct 1, 2018$0.067300000
Jul 2, 2018Jul 2, 2018$0.068600000
Apr 2, 2018Apr 2, 2018$0.064900000
Dec 21, 2017Dec 21, 2017$1.024900000
Oct 2, 2017Oct 2, 2017$0.060100000
 

Morningstar Information

Morningstar RatingTM   As of Dec 31, 2021
Period Stars Category Size
Overall 3 Stars665
3-Year 2 Stars665
5-Year 2 Stars601
10-Year 3 Stars433

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange–traded funds, closed–end funds, and separate accounts) with at least a three–year history. Exchange–traded funds and open–ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk–Adjusted Return measure that accounts for variation in a managed product′s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three–, five–, and 10–year (if applicable) Morningstar Rating metrics. The weights are: 100% three–year rating for 36–59 months of total returns, 60% five–year rating/40% three–year rating for 60–119 months of total returns, and 50% 10–year rating/30% five–year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

Morningstar Stylebox As of Dec 31, 2021
Equity Stylebox Fixed Income Stylebox
Large ValueMedium Moderate
Allocation of Assets As of Oct 31, 2021
Type of Asset Percent
Equity61%
Fixed Income36%
Cash/Other2%

Due to rounding, percentages shown may not add up to 100%.

 
 

Characteristics

Allocation of Assets As of Oct 31, 2021
Asset ClassPercent
Domestic Stock55.7%
Foreign Stock5.6%
Domestic Bond33.5%
Foreign Bond2.4%
Preferred0.0%
Convertible0.5%
Cash2.3%
Other0.0%

Due to rounding, percentages shown may not add up to 100%.

 

Equity Sector As of Oct 31, 2021
SectorPercent
Financial Services14.8%
Healthcare8.2%
Industrials8.1%
Energy6.7%
Technology5.9%
Consumer Cyclical5.4%
Communication Services4.0%
Consumer Defensive2.3%
Basic Materials2.1%
Utilities1.2%
Real Estate0.9%

Exposure reflects equity securities only and will sum to the equity exposure of the fund.

 
Credit Quality As of Sep 30, 2021
Quality LevelPercent
AAA2.7%
AA54.0%
A25.2%
BBB18.0%
BB0.0%
B0.0%
Below B0.0%
Not Rated0.0%

Due to rounding, percentages shown may not add up to 100%. Exposure reflects fixed income securities only.

 
Top Ten Holdings As of Oct 31, 2021
Holding NamePercent
Wells Fargo & Co2.6%
UBS RMA Government Money Market2.1%
Anthem Inc2.0%
American International Group Inc2.0%
S+p500 Emini Fut Dec21 Xcme 202112171.8%
Citigroup Inc1.8%
Hess Corp1.6%
General Electric Co1.4%
United States Treasury Notes 1.5%1.3%
United States Treasury Notes 1.125%1.2%
Fixed Income Sector As of Oct 31, 2021
SectorPercent
Corporate16.8%
Government12.3%
Securitized7.4%
Cash & Equivalents2.3%

Exposure reflects fixed income securities only and will sum to the fixed income exposure of the fund.

 
 

Statistics

Portfolio Statistics As of Dec 31, 2021
Statistic3-Year5-Year
BetaN/AN/A
AlphaN/AN/A
Standard Deviation14.4112.42
 
 

Footnotes

1.

Please read the fund's prospectus or disclosure materials carefully for a complete summary of all fees, expenses, investment objectives and strategies, risks, financial highlights, and performance information. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus or disclosure materials before investing. To request a prospectus or disclosure materials, you may contact us by calling 800-669-7400, or log in at www.icmarc.org.

The source for this information is Morningstar, Inc. Copyright © 2021 Morningstar, Inc.™ All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with MissionSquare Retirement or its affiliates. MissionSquare Retirement does not independently verify Morningstar data.

Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.