STSRX Fees and Costs — American Beacon Stephens Small Cap Growth Fund, R6 Class
Data updated: 2026-08-11
The net expense ratio is 0.96%: a 0.93% management fee plus 0.12% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $175K in broker commissions, 0.0439% of average net assets, and portfolio turnover was 35%.
STSRX Fees and Expenses
Annual operating expenses and sales charges of STSRX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.93% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.12% |
| Gross expense ratio | 1.05% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.96% |
| 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 |
STSRX Costs Over Time
On $10,000 invested in STSRX, assuming 5% a year before costs, total costs come to $628 over 5 years, cutting the return by 1.05% 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 0.96%) | $101 | $314 | $545 |
| Trading costs (broker commissions) | $5 | $14 | $25 |
| Lost growth on money paid in costs | $0 | $16 | $58 |
| Total costs | $105 | $345 | $628 |
| Value after costs | $10,395 | $11,231 | $12,135 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
STSRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0439%
- Total broker commissions: $175K
- Bought from dealers (principal trades, not a cost): $257.0M
- Portfolio turnover (prospectus): 35%
- Securities on loan, average value: $28.4M
- Net income from securities lending: $35K (0.009% of average net assets)
STSRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Piper Sandler & Co. | $19K | 15.20% |
| Evercore Group L.L.C. | $16K | 12.85% |
| Raymond James & Associates, Inc. | $15K | 11.95% |
| William Blair & Company, L.L.C. | $14K | 11.84% |
| Robert W. Baird & Co. Incorporated | $12K | 9.87% |
| Virtu Americas LLC | $10K | 8.30% |
| J.P. Morgan Securities LLC | $10K | 8.02% |
| BofA Securities, Inc. | $10K | 8.01% |
| Jefferies LLC | $10K | 7.85% |
| Liquidnet, Inc. | $7K | 6.12% |
STSRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $255.5M | 99.42% |
| Evercore Group L.L.C. | $1.4M | 0.53% |
| Morgan Stanley & Co. LLC | $127K | 0.05% |
American Beacon Stephens Small Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| STSRX | R6 Class | 0.96% | none |
| STSIX | R5 Class | 0.99% | none |
| SPWYX | Y Class | 1.05% | none |
| STSGX | Investor Class | 1.27% | none |
| SPWAX | A Class | 1.28% | 5.75% |
| SPWCX | C Class | 2.06% | 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.