SSIJX Fees and Costs — American Beacon SSI Alternative Income Fund, R5 Class
Data updated: 2026-09-09
The net expense ratio is 1.35% (1.89% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $172K in broker commissions, 0.0495% of average net assets, and portfolio turnover was 172%.
SSIJX Fees and Expenses
Annual operating expenses and sales charges of SSIJX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.57% |
| Gross expense ratio | 1.89% |
| Fee waiver | −0.54% |
| Net expense ratio | 1.35% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
SSIJX Costs Over Time
On $10,000 invested in SSIJX, assuming 5% a year before costs, total costs come to $868 over 5 years, cutting the return by 1.47% 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 1.35%) | $142 | $440 | $761 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $23 | $80 |
| Total costs | $147 | $479 | $868 |
| Value after costs | $10,353 | $11,097 | $11,894 |
| Impact on return, per year | 1.47% | 1.47% | 1.47% |
SSIJX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0495%
- Total broker commissions: $172K
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 172%
- Securities lending: none during the year
SSIJX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Nomura Securities International, Inc. | $170K | 98.98% |
| National Financial Services LLC | $2K | 1.02% |
SSIJX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $498.2M | 48.32% |
| J.P. Morgan Securities LLC | $108.8M | 10.56% |
| Jefferies LLC | $96.8M | 9.39% |
| BofA Securities, Inc. | $74.8M | 7.25% |
| Citigroup Global Markets Inc. | $52.5M | 5.09% |
| Barclays Capital Inc. | $52.4M | 5.09% |
| BNY Capital Markets, LLC | $49.6M | 4.81% |
| Morgan Stanley & Co. LLC | $33.7M | 3.27% |
| UBS Securities LLC | $32.6M | 3.16% |
| Wells Fargo Securities, LLC | $31.7M | 3.07% |
American Beacon SSI Alternative Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SSIJX | R5 Class | 1.35% | none |
| PSCIX | Y Class | 1.44% | none |
| PSCAX | Investor Class | 1.69% | 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.