AVASX Fees and Costs — American Beacon Large Cap Value Fund, Advisor Class
Data updated: 2026-09-24
The net expense ratio is 1.14%: a 0.55% management fee, a 0.25% 12b-1 fee plus 0.33% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $602K in broker commissions, 0.0179% of average net assets, and portfolio turnover was 27%.
AVASX Fees and Expenses
Annual operating expenses and sales charges of AVASX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.33% |
| Gross expense ratio | 1.14% |
| Fee waiver | — |
| Net expense ratio | 1.14% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
AVASX Costs Over Time
On $10,000 invested in AVASX, assuming 5% a year before costs, total costs come to $722 over 5 years, cutting the return by 1.22% 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 |
| Fund expenses (net expense ratio 1.14%) | $120 | $373 | $646 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $19 | $66 |
| Total costs | $122 | $397 | $722 |
| Value after costs | $10,378 | $11,179 | $12,041 |
| Impact on return, per year | 1.22% | 1.22% | 1.22% |
AVASX 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): 0.0179%
- Total broker commissions: $602K
- Bought from dealers (principal trades, not a cost): $2.0B
- Portfolio turnover (prospectus): 27%
- Securities on loan, average value: $59.6M
- Net income from securities lending: $334K (0.010% of average net assets)
AVASX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Piper Sandler & Co. | $126K | 29.84% |
| BofA Securities, Inc. | $74K | 17.59% |
| Morgan Stanley & Co. LLC | $50K | 11.70% |
| Nomura Securities International, Inc. | $33K | 7.79% |
| Jefferies LLC | $27K | 6.49% |
| Goldman Sachs & Co. LLC | $25K | 5.89% |
| Liquidnet, Inc. | $24K | 5.77% |
| Anos Capital LLC | $23K | 5.36% |
| Evercore Group L.L.C. | $22K | 5.28% |
| Citigroup Global Markets Inc. | $18K | 4.28% |
AVASX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $2.0B | 99.74% |
| J.P. Morgan Securities LLC | $3.0M | 0.15% |
| Barclays Capital Inc. | $2.3M | 0.11% |
American Beacon Large Cap Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AALRX | R6 Class | 0.64% | none |
| AADEX | R5 Class | 0.67% | none |
| ABLYX | Y Class | 0.73% | none |
| AAGPX | Investor Class | 0.98% | none |
| ALVAX | A Class | 1.04% | 5.75% |
| AVASX | Advisor Class | 1.14% | none |
| ALVCX | C Class | 1.76% | 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.