SHDCX Performance — American Beacon Shapiro SMID Cap Equity Fund, C Class
Data updated: 2026-05-29
SHDCX returned −8.82% year to date and +2.53% over one year to Mar 2026. The annualised 3-year return is −4.47%. The fund trailed its US Small Blend category average: $100 invested three years ago grew to $87, against $137 for the category, and to $103 over one year, against $120. Volatility over the past three years was 19.57% a year. In the 12 months to Mar 2026 the fund lost a net $8.3M, and assets reached $22.05M.
SHDCX Growth of $100
What $100 invested in American Beacon Shapiro SMID Cap Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | SHDCX | Category average |
|---|---|---|
| 1 year (Apr 2025 – Mar 2026) | $103 | $120 |
| 3 years (Apr 2023 – Mar 2026) | $87 | $137 |
| Since data start (Oct 2021 – Mar 2026) | $87 | $122 |
SHDCX Trailing Returns
Total returns to Mar 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −8.82% |
| 1 year | +2.53% |
| 3 years (annualised) | −4.47% |
SHDCX Annual Returns
Calendar-year total returns of American Beacon Shapiro SMID Cap Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Mar) | −8.82% |
| 2025 | −3.82% |
| 2024 | −2.50% |
| 2023 | +8.34% |
| 2022 | −10.53% |
| 2021 (Oct–Dec) | +5.47% |
SHDCX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.5% | −4.0% | −7.4% | — | — | — | — | — | — | — | — | — |
| 2025 | −0.1% | −7.3% | −7.6% | −6.6% | +7.1% | +7.2% | +1.7% | +5.1% | −1.3% | −4.1% | +1.8% | +1.9% |
| 2024 | −2.3% | +1.2% | +3.9% | −7.2% | +3.9% | −2.3% | +7.1% | −3.1% | +0.4% | −1.9% | +6.3% | −7.3% |
| 2023 | +11.9% | −3.7% | −1.4% | −1.2% | −4.4% | +7.8% | +3.1% | −7.3% | −6.1% | −8.6% | +9.0% | +11.9% |
| 2022 | −4.6% | +3.4% | −1.0% | −6.2% | −0.7% | −8.1% | +8.1% | −2.7% | −9.4% | +10.8% | +6.9% | −5.1% |
| 2021 | — | — | — | — | — | — | — | — | — | +2.6% | −2.1% | +5.0% |
SHDCX Risk
Risk measures from monthly returns over Apr 2023 – Mar 2026.
- 3-year volatility (annualised): 19.57%
- 3-year Sharpe ratio: -0.46 (vs 4.5% risk-free rate)
- Best month: +11.92% (Dec 2023)
- Worst month: −8.56% (Oct 2023)
SHDCX Fund Flows
Monthly money in and out of American Beacon Shapiro SMID Cap Equity Fund, from SEC Form N-PORT.
- 12-month net flow: −$8.3M
- 12-month gross sales (incl. reinvestments): $3.8M
- Sales ÷ redemptions: 0.32×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2026 | $131K | $545K | −$414K |
| Feb 2026 | $168K | $354K | −$186K |
| Jan 2026 | $79K | $1.1M | −$1.1M |
| Dec 2025 | $1.9M | $840K | $1.0M |
| Nov 2025 | $96K | $2.0M | −$1.9M |
| Oct 2025 | $172K | $502K | −$330K |
| Sep 2025 | $83K | $739K | −$656K |
| Aug 2025 | $142K | $817K | −$674K |
| Jul 2025 | $355K | $716K | −$362K |
| Jun 2025 | $134K | $1.8M | −$1.6M |
| May 2025 | $188K | $2.2M | −$2.0M |
| Apr 2025 | $423K | $592K | −$170K |
SHDCX Assets Under Management
Net assets of American Beacon Shapiro SMID Cap Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-03-31 | $22.05M |
| 2025-12-31 | $25.79M |
| 2025-09-30 | $28.86M |
| 2025-06-30 | $28.92M |
| 2025-03-31 | $30.64M |
| 2024-12-31 | $37.46M |
| 2024-09-30 | $43.02M |
| 2024-06-30 | $43.35M |
| 2024-03-31 | $50.53M |
| 2023-12-31 | $52.28M |
| 2023-09-30 | $53.13M |
| 2023-06-30 | $63.11M |
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.