ABCIX — American Beacon The London Company Income Equity Fund, R5 Class
Data updated: 2026-07-28
ABCIX — American Beacon The London Company Income Equity Fund, R5 Class. 0.78% expense ratio · no sales load. Holdings, fees, performance and SEC filings.
ABCIX Fund Overview
ABCIX — American Beacon The London Company Income Equity Fund, R5 Class is a US mutual fund managed by American Beacon Funds, categorised as United States Large Cap Value Equity. 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 Funds
- Category: United States Large Cap Value Equity
- Assets under management: $1.11B
- 1-year return: 20.7%
- Ticker: ABCIX
- SEC CIK: 0000809593
- SEC series ID: S000037191
- Share class ID: C000114558
ABCIX Investment Objective and Strategy
American Beacon The London Company Income Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by American Beacon Funds.
Investment objective
The Fund's investment objective is current income, with a secondary objective of capital appreciation.
Principal investment strategy
"Under normal market conditions, at least 80% of the Fund's net assets (plus the amount of any borrowings for investment purposes) are invested in equity and equity-related investments. The Fund's investments in equity and equity-related investments include U.S. common stocks, preferred stocks, securities convertible into or exchangeable for common stock, American Depositary Receipts (""ADRs""), U.S. dollar-denominated foreign stocks traded on U.S. exchanges, real estate investment trusts (""REITs""), and income trusts. The Fund may also invest up to 20% of its net assets in fixed income instruments, primarily including trust preferred securities. The Fund may invest in issuers of any market capitalization and will typically hold 30 to 40 issuers. The Fund's investment sub-advisor, The London Company of Virginia, LLC (""The London Company""), emphasizes investments in profitable, financially stable, core companies that focus on generating high dividend income, are run by shareholder-oriented management, and trade at reasonable valuations.
The London Company also seeks companies with high return on capital, consistent free cash flow generation, predictability and stability. The London Company employs an investment process with bottom up, fundamental analysis and follows a strict sell discipline. On a short-term basis, the Fund may invest cash balances in other investment companies, including money market funds, and may purchase and sell futures contracts to gain market exposure on cash balances or reduce market exposure in anticipation of liquidity needs. The Fund may seek to earn additional income by lending its securities to certain qualified broker-dealers and institutions on a short-term or long-term basis."
ABCIX Holdings
Top 10 holdings of American Beacon The London Company Income Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Corning Inc | 5.91% |
| Apple Inc | 5.78% |
| Texas Instruments Inc | 4.75% |
| Norfolk Southern Corp | 4.72% |
| Dominion Energy Inc | 4.69% |
| Cisco Systems Inc | 4.59% |
| Philip Morris International Inc | 4.27% |
| Cummins Inc | 4.13% |
| Berkshire Hathaway Inc | 4.03% |
| Blackrock Inc | 3.84% |
ABCIX Portfolio Allocation
Asset-class allocation of American Beacon The London Company Income Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.1% |
| Cash & Equivalents | 2.5% |
| Derivatives | 0.1% |
ABCIX Performance
Total returns for ABCIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 12.63% |
| 1 year | 20.69% |
| 3 years (annualised) | 15.61% |
| 5 years (annualised) | 8.10% |
ABCIX Risk Information
Risk metrics for ABCIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.43%
ABCIX Costs and Fees
ABCIX costs about $78 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.78%
- Gross expense ratio: 0.78%
- Portfolio turnover: 10%
- Brokerage commissions: 1.67 bps of average net assets (SEC N-CEN)
ABCIX Cashflows
Over the 12 months to 2026-05, American Beacon The London Company Income Equity Fund had net outflows of $54.32M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$17.54M |
| 2026-04 | −$16.29M |
| 2026-03 | −$21.80M |
| 2026-02 | −$8.67M |
| 2026-01 | −$7.98M |
| 2025-12 | $94.68M |
ABCIX Debt Constituents
No individual debt constituents are reported in American Beacon The London Company Income Equity Fund's latest SEC N-PORT filing.
ABCIX Prospectus and SEC Filings
Official American Beacon The London Company Income Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-12-29
- Prospectus (485BPOS) — filed 2024-12-23
- Prospectus (485BPOS) — filed 2023-12-29
- Portfolio holdings (N-PORT) — filed 2026-07-28
- Portfolio holdings (N-PORT) — filed 2026-04-21
- Portfolio holdings (N-PORT) — filed 2026-01-27
- Annual census (N-CEN) — filed 2025-11-13
- Annual census (N-CEN) — filed 2024-11-13
Related Funds
Other United States Large Cap Value Equity 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.