AAOXX — American Beacon U.S. Government Money Market Select Fund
Data updated: 2026-04-29
AAOXX — American Beacon U.S. Government Money Market Select Fund. Money Market · 0.18% expense ratio. Holdings, fees, performance and SEC filings.
AAOXX Fund Overview
AAOXX — American Beacon U.S. Government Money Market Select Fund is a US mutual fund managed by American Beacon Select Funds, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: American Beacon Select Funds
- Category: Money Market
- Ticker: AAOXX
- SEC CIK: 0001096012
- SEC series ID: S000001845
- Share class ID: C000004819
AAOXX Investment Objective and Strategy
American Beacon U.S. Government Money Market Select Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by American Beacon Select Funds.
Investment objective
The Funds investment objectives are current income, liquidity and the maintenance of a stable price of $1.00 per share.
Principal investment strategy
In pursuing its investment objectives and implementing its investment strategies, the Fund invests only in securities that comply with the quality, maturity, liquidity, diversification and other requirements of Rule 2a-7 under the Investment Company Act of 1940, as amended (the Investment Company Act), which regulates money market mutual funds. Under normal market conditions, the Fund invests at least 99.5% of its total assets in: (1) debt securities issued or guaranteed as to principal or interest by the U.S. Government, its agencies or instrumentalities (Government Securities), (2) repurchase agreements that are collateralized fully by cash or Government Securities; (3) other government money market funds; and/or (4) cash. The Fund also has adopted a policy to invest, under normal circumstances, at least 80% of its net assets in Government Securities, repurchase agreements that are collateralized fully by cash or Government Securities, and/or other government money market funds.
The Funds investments in U.S. dollar denominated Government Securities may include direct obligations of the U.S. Treasury (such as Treasury bills, Treasury notes and Treasury bonds) and obligations issued or guaranteed as to principal and interest (but not as to market value) by the U.S. Government, its agencies or its instrumentalities, which are backed by the full faith and credit of the U.S. Government. The Government Securities in which the Fund invests also may include debt obligations of U.S. Government-sponsored enterprises, such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), Federal Home Loan Banks (FHLB), and Federal Farm Credit Banks (FFCB). Although chartered or sponsored by Acts of Congress, these entities are not backed by the full faith and credit of the U.S.
Government. Securities purchased by the Fund generally have remaining maturities of 397 days or less. The dollar-weighted average maturity (WAM) and dollar-weighted average life (WAL) of the Fund will be maintained at or below 60 and 120 days, respectively. The Fund uses the amortized cost method of valuation to seek to maintain a stable $1.00 net asset value (NAV) per share price. The Fund intends to qualify as a government money market fund, as such term is defined in or interpreted under Rule 2a-7 under the Investment Company Act. Government money market funds are exempt from requirements that money market funds impose a liquidity fee. While the Funds Board of Trustees may elect to subject the Fund to a liquidity fee in the future, the Board of Trustees has not elected to do so at this time and currently has no intention of doing so.
AAOXX Holdings
Top 10 holdings of American Beacon U.S. Government Money Market Select Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Credit Agricole CIB | 15.11% |
| Societe Generale | 7.26% |
| Bank of America NA | 7.26% |
| Goldman Sachs & Co. LLC | 4.36% |
| Federal Home Loan Banks | 3.18% |
| Federal Home Loan Banks | 2.96% |
| Federal Home Loan Banks | 2.25% |
| Federal Home Loan Mortgage Corp. | 2.18% |
| U.S. Treasury Bill | 2.18% |
| Federal Home Loan Banks | 2.07% |
AAOXX Costs and Fees
AAOXX costs about $18 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.18%
- Gross expense ratio: 0.18%
AAOXX Debt Constituents
No individual debt constituents are reported in American Beacon U.S. Government Money Market Select Fund's latest SEC N-PORT filing.
AAOXX Prospectus and SEC Filings
Official American Beacon U.S. Government Money Market Select Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.