American Beacon TwentyFour Strategic Income Fund
Data updated: 2026-09-09
C000180740 — American Beacon TwentyFour Strategic Income Fund. Intermediate Total / Aggregate Bond. Holdings, fees, performance and SEC filings.
C000180740 Fund Overview
American Beacon TwentyFour Strategic Income Fund is a US mutual fund managed by American Beacon Funds, categorised as Intermediate Total / Aggregate Bond. 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: Intermediate Total / Aggregate Bond
- Assets under management: $620.44M
- 1-year return: 5.0%
- SEC CIK: 0000809593
- SEC series ID: S000056913
- Share class ID: C000180740
C000180740 Investment Objective and Strategy
American Beacon TwentyFour Strategic Income 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 to seek high current income and, secondarily, capital appreciation.
Principal investment strategy
"Under normal circumstances, the Fund invests primarily in fixed-income securities and derivatives that provide exposure to fixed-income securities. The Fund's investments may include fixed-income instruments of any maturity or duration. The instruments in which the Fund may invest may be denominated in U.S. and non-U.S. currencies. The fixed-income securities in which the Fund invests primarily include obligations issued or guaranteed by the U.S. government and non-U.S. governments and their agencies, instrumentalities or political subdivisions, obligations of supranational entities, quasi-sovereign debt, emerging-markets debt, inflation-indexed securities, corporate bonds, bank loans, trust preferred securities, convertible and non-convertible debt, contingent convertible bonds (""CoCos""), variable and floating-rate securities, collateralized loan obligations (""CLOs""), mortgage-backed and other asset-backed securities, collateralized mortgage obligations (""CMOs"") and other mortgage-related products (including commercial and residential loans).
The Fund may invest in other investment companies, including exchange-traded funds (""ETFs"") and money market funds, shares of real estate investment trusts (""REITs"") and restricted securities. The Fund may have significant exposure to the Financial sector. However, as the sector composition of the Fund's portfolio changes over time, the Fund's exposure to the Financial sector may be lower at a future date, and the Fund's exposure to other market sectors may be higher. The Fund may invest a significant portion of its total assets in non-investment grade securities (also referred to as ""high-yield"" or ''junk"" bonds). The Fund may also invest in equity securities including preferred stocks of U.S. and foreign companies of any market capitalization. The Fund may take long or short positions in fixed-income and equity securities and currencies.
Short positions will generally be entered into for hedging purposes or to attempt to reduce or adjust certain investment risks. The Fund's investments in derivatives generally include options, futures, forwards (including non-deliverable forwards), swaps (including credit default swaps, total return swaps, interest rate swaps and cross-currency swaps) and structured notes. The Fund uses derivative instruments to hedge against fluctuations in securities prices, interest rates or currency exchange rates, to enhance total return, to change the effective duration of its portfolio, to manage certain investment risks or to substitute for the purchase or sale of the underlying securities or currencies. The Fund's use of derivatives may be extensive. In selecting investments, the Fund's sub-advisor develops a top-down macroeconomic view of the global economic environment as indicated by factors such as interest rates, equity markets, corporate profitability, international capital flows, government policy and other relevant inputs.
The sub-advisor then performs a bottom-up analysis of individual issuers that focuses on an issuer's creditworthiness and considers historical trends and patterns in an instrument's price and relative valuation. The sub-advisor examines the relative risk and return characteristics of each investment and seeks to identify opportunities to establish long positions in income-generating instruments that, at times, may have the potential for price appreciation. The sub-advisor also seeks to reduce or hedge positions in instruments that may decline in value, experience unwanted volatility or when better investment opportunities are identified."
C000180740 Holdings
Top 10 holdings of American Beacon TwentyFour Strategic Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Bundesrepublik Deutschland Bundesanleihe | 10.88% |
| United States Treasury | 4.75% |
| United States Treasury | 4.32% |
| Nationwide Bldg Society | 2.72% |
| United States Treasury | 1.80% |
| American Beacon U.S. Government Money Market | 1.48% |
| Barclays PLC | 1.38% |
| Rothesay Life | 1.35% |
| Intesa Sanpaolo Spa | 1.32% |
| Unicredit Spa | 1.27% |
C000180740 Portfolio Allocation
Asset-class allocation of American Beacon TwentyFour Strategic Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 81.8% |
| Securitized | 14.4% |
| Cash & Equivalents | 1.5% |
| Derivatives | 0.2% |
C000180740 Performance
Total returns for C000180740 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 5.0% |
C000180740 Risk Information
Risk metrics for C000180740, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.0%
C000180740 Costs and Fees
C000180740 costs about $67 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.67%
- Gross expense ratio: 1.32%
- Portfolio turnover: 74%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000180740 Cashflows
Over the 12 months to 2026-06, American Beacon TwentyFour Strategic Income Fund had net inflows of $136.19M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $1.37M |
| 2026-05 | −$202.48K |
| 2026-04 | $1.32M |
| 2026-03 | $7.90M |
| 2026-02 | $36.12M |
| 2026-01 | $33.99M |
C000180740 Debt Constituents
Largest debt holdings of American Beacon TwentyFour Strategic Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Bundesrepublik Deutschland Bundesanleihe | 10.88% |
| United States Treasury | 4.75% |
| United States Treasury | 4.32% |
| Nationwide Bldg Society | 2.72% |
| United States Treasury | 1.80% |
| Barclays PLC | 1.38% |
| Rothesay Life | 1.35% |
| Intesa Sanpaolo Spa | 1.32% |
| Unicredit Spa | 1.27% |
| Banco Santander SA | 1.01% |
C000180740 Prospectus and SEC Filings
Official American Beacon TwentyFour Strategic Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-11-03
- Prospectus (485BPOS) — filed 2024-10-28
- Prospectus supplement (497) — filed 2024-06-27
- Portfolio holdings (N-PORT) — filed 2026-08-11
- Portfolio holdings (N-PORT) — filed 2026-05-29
- Portfolio holdings (N-PORT) — filed 2026-02-18
- Annual census (N-CEN) — filed 2026-09-09
- Annual census (N-CEN) — filed 2025-09-12
Related Funds
Other Intermediate Total / Aggregate Bond 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.