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American Beacon GarciaHmltnQual Bd R6 (GHQRX)

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8.30+0.03 (+0.36%)
At close: 08:00PM EDT

American Beacon GarciaHmltnQual Bd R6

FORT WORTH TX 76155

4151 AMON CARTER BOULEVARD

American Beacon Advisors

8173916100
Management information
Gilbert Andrew Garcia,Lead manager since 3 April 2016
Mr. Garcia received a B.A. in Economics from Yale University. After graduating in 1985, he joined Salomon Brothers in New York City where he became a Vice President specializing in mortgage-backed securities. In 1990, he joined former Mayor Henry Cisneros to build Cisneros Asset Management Company, ultimately becoming its President. In 2002, he joined Garcia Hamilton & Associates and is the firm’s Managing Partner. Under his leadership, the firm grew from $200 million in fixed income assets under management to over $16.4 billion as of October 2020. GH&A has received numerous industry recognitions. Most recently in 2019 Houston Business Journal recognized Mr. Garcia among Houston’s Top CEOs, as well as being ranked among their Best Places to Work in 2018. The firm also received Pensions & Investments’ Best Places to Work in Money Management for the fourth year in a row (2019, 2018, 2017, 2016). Emerging Manager Monthly awarded the firm Fixed Income Manager of the Year for the third time (2019, 2018 and 2010). Other past awards include FundMap’s 2018 US Fixed Income Manager, Institutional Investor’s Intermediate-Term Fixed Income Manager of the Year in 2016 and 2015, as well as their 2014 Fixed Income Investment Grade Manager of the Year. During the recent COVID-19 crisis, Mr. Garcia and GH&A have donated over 30,000 masks along with hand sanitizer and disinfectant wipes to various organizations. Mr. Garcia is proud to serve on two SEC advisory boards: SEC’s Fixed Income Market Structure Advisory Board and SEC’s Asset Management Advisory Committee where he leads a subcommittee focused on Diversity and Inclusion. He currently serves as a member of the Board of Trustees for Dallas Police & Fire Pension System and serves with Chairman Henry Kravis on the Board of Directors of SEO, a non-profit providing summer internships on Wall Street for minority undergraduates. Additionally, in 2018 he was co-chair for the Susan G. Komen Race for the Cure. The same year, he was also awarded “Male Entrepreneur of the Year 2018” by the Houston Hispanic Chamber of Commerce. In 2015, Mr. Garcia was awarded the SEO Alumni Leadership Award alongside other honorees, including the former mayor of New York City, Michael R. Bloomberg, and Co-Founder & Co-CEO of The Carlyle Group, David M. Rubenstein.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryIntermediate Core Bond
Fund familyAmerican Beacon
Net assets250.99M
YTD return-1.55%
Yield3.79%
Morningstar rating★★★
Inception date27 Feb 2019

Fund operations

Last dividend0.07
Last cap gain-30.00
Holdings turnover72.00%
Average for categoryN/A

Fees and expenses

ExpenseGHQRXCategory average
Annual report expense ratio (net)0.41%0.61%
Prospectus net expense ratio0.41%N/A
Prospectus gross expense ratio0.65%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A3.78%
Max deferred sales loadN/A1.18%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A