ABFAX Fees and Costs — American Beacon Balanced Fund, A Class
Data updated: 2026-09-24
The net expense ratio is 1.19%: a 0.52% management fee, a 0.25% 12b-1 fee plus 0.41% other expenses. This share class carries a maximum front-end sales load of 5.75% and a deferred sales charge of up to 0.50%. In fiscal 2025 the fund paid $17K in broker commissions, 0.0157% of average net assets, and portfolio turnover was 31%.
ABFAX Fees and Expenses
Annual operating expenses and sales charges of ABFAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.52% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.41% |
| Gross expense ratio | 1.19% |
| Fee waiver | — |
| Net expense ratio | 1.19% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.50% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
ABFAX Costs Over Time
On $10,000 invested in ABFAX, assuming 5% a year before costs, total costs come to $1,442 over 5 years, cutting the return by 2.49% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $624 | $575 | $575 |
| Fund expenses (net expense ratio 1.19%) | $118 | $367 | $634 |
| Trading costs (broker commissions) | $2 | $5 | $8 |
| Lost growth on money paid in costs | $29 | $109 | $224 |
| Total costs | $772 | $1,056 | $1,442 |
| Value after costs | $9,728 | $10,521 | $11,321 |
| Impact on return, per year | 7.72% | 3.29% | 2.49% |
ABFAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0157%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): $136.1M
- Portfolio turnover (prospectus): 31%
- Securities on loan, average value: $1.3M
- Net income from securities lending: $9K (0.008% of average net assets)
ABFAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Piper Sandler & Co. | $4K | 29.31% |
| BofA Securities, Inc. | $2K | 15.48% |
| Morgan Stanley & Co. LLC | $1K | 10.88% |
| Anos Capital LLC | $1K | 10.06% |
| Jefferies LLC | $894 | 7.08% |
| Nomura Securities International, Inc. | $880 | 6.97% |
| Goldman Sachs & Co. LLC | $795 | 6.30% |
| Evercore Group L.L.C. | $665 | 5.27% |
| Liquidnet, Inc. | $641 | 5.08% |
| Citigroup Global Markets Inc. | $450 | 3.57% |
ABFAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $95.2M | 72.49% |
| J.P. Morgan Securities LLC | $12.0M | 9.12% |
| Barclays Capital Inc. | $7.6M | 5.79% |
| BofA Securities, Inc. | $4.1M | 3.10% |
| Nomura Securities International, Inc. | $3.0M | 2.29% |
| Citadel Securities LLC | $2.9M | 2.20% |
| Citigroup Global Markets Inc. | $2.7M | 2.05% |
| Morgan Stanley & Co. LLC | $1.6M | 1.22% |
| Wells Fargo Securities, LLC | $1.4M | 1.05% |
| Stonex Financial Inc. | $886K | 0.67% |
American Beacon Balanced Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AADBX | R5 Class | 0.88% | none |
| ACBYX | Y Class | 0.95% | none |
| AABPX | Investor Class | 1.16% | none |
| ABFAX | A Class | 1.19% | 5.75% |
| ABLSX | Advisor Class | 1.36% | none |
| ABCCX | C Class | 1.95% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.