American Beacon Select Etf Profile
MGNR Etf | 32.20 0.12 0.37% |
Performance9 of 100
| Odds Of DistressLess than 9
|
American Beacon is selling at 32.20 as of the 28th of November 2024; that is 0.37 percent down since the beginning of the trading day. The etf's lowest day price was 32.17. American Beacon has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for American Beacon Select are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
American Beacon is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on American Beacon Select
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American Etf Highlights
Thematic Idea | Sector ETFs (View all Themes) |
Business Concentration | Sector ETFs, Natural Resources (View all Sectors) |
Issuer | American Beacon Advisors |
Inception Date | 2024-02-06 |
Entity Type | Regulated Investment Company |
Asset Under Management | 82.31 Million |
Asset Type | Equity |
Category | Sector |
Focus | Natural Resources |
Market Concentration | Blended Development |
Region | Global |
Administrator | American Beacon Advisors, Inc. |
Advisor | American Beacon Advisors, Inc. |
Custodian | State Street Bank and Trust Company |
Distributor | Foreside Financial Services, LLC |
Portfolio Manager | Albert Chu |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-Jul |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 47.0 |
Market Maker | Virtu Financial |
Total Expense | 0.75 |
Management Fee | 0.75 |
Country Name | USA |
Code | MGNR |
Updated At | 27th of November 2024 |
Name | American Beacon Select Funds |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01LC6V1V4 |
Type | ETF |
American Beacon Select [MGNR] is traded in USA and was established null. The fund is listed under Natural Resources. The entity is thematically classified as Sector ETFs. American Beacon Select now have in assets.
Check American Beacon Probability Of Bankruptcy
Geographic Allocation (%)
American Beacon Select Currency Exposure
American Beacon Select holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of American Beacon will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in American Beacon Select.
Top American Beacon Select Etf Constituents
YZ8 | Permian Resources | Stock | DE Stock | |
ERO | Ero Copper Corp | Stock | Materials | |
AR | Antero Resources Corp | Stock | Energy | |
CTVA | Corteva | Stock | Materials | |
TRGP | Targa Resources | Stock | Energy | |
GEV | GE Vernova LLC | Stock | Utilities | |
AGRO | Adecoagro SA | Stock | Consumer Staples | |
SW | Smurfit WestRock plc | Stock | Materials |
American Beacon Select Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in American Beacon. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0853 | |||
Jensen Alpha | 0.0428 | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | 0.0107 |
American Beacon Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in American Beacon Select. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of American Beacon Select is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Beacon's value that differs from its market value or its book value, called intrinsic value, which is American Beacon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Beacon's market value can be influenced by many factors that don't directly affect American Beacon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Beacon's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Beacon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Beacon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.