TFBRX Fees and Costs — American Beacon TwentyFour Short Term Bond Fund, R6 Class
Data updated: 2026-09-09
The net expense ratio is 0.47%: a 0.55% management fee plus 2.30% other expenses, less a 2.38% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 79%.
TFBRX Fees and Expenses
Annual operating expenses and sales charges of TFBRX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 2.30% |
| Gross expense ratio | 2.85% |
| Fee waiver | −2.38% |
| Net expense ratio | 0.47% |
| 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 |
TFBRX Costs Over Time
On $10,000 invested in TFBRX, assuming 5% a year before costs, total costs come to $297 over 5 years, cutting the return by 0.49% 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 0.47%) | $49 | $155 | $270 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $49 | $162 | $297 |
| Value after costs | $10,451 | $11,414 | $12,466 |
| Impact on return, per year | 0.49% | 0.49% | 0.49% |
TFBRX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $14.2M
- Portfolio turnover (prospectus): 79%
- Securities lending: none during the year
TFBRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Deutsche Bank Securities Inc. | $3.4M | 31.27% |
| Nomura Securities International, Inc. | $1.5M | 13.68% |
| Barclays Capital Inc. | $1.1M | 9.67% |
| J.P. Morgan Securities LLC | $937K | 8.63% |
| Citigroup Global Markets Inc. | $818K | 7.53% |
| Morgan Stanley & Co. LLC | $790K | 7.28% |
| BNP Paribas Securities Corp. | $637K | 5.86% |
| Jefferies LLC | $610K | 5.62% |
| SMBC Nikko Securities America, Inc. | $570K | 5.25% |
| HSBC Securities (USA) Inc. | $566K | 5.21% |
American Beacon TwentyFour Short Term Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TFBRX | R6 Class | 0.47% | none |
| TFBYX | Y Class | 0.57% | none |
| TFBAX | A Class | 0.87% | 2.50% |
| TFBCX | C Class | 1.48% | 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.