Fund Evaluator:

American Beacon Small Cp Val C Overview

American Beacon Small Cp Val C (ASVCX) is an actively managed U.S. Equity Small Value fund. American Beacon launched the fund in 2010.

The investment seeks long-term capital appreciation and current income. Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, are invested in equity securities of small market capitalization U.S. companies.

About American Beacon Small Cp Val C (ASVCX)

There are 16 members of the management team with an average tenure of 10.12 years: Michelle Bevan (2022), Randy Renfrow (2022), Matthew Lockridge (2025), Frederic Rowsey (2025), Paul Cavazos (2016), Colin Hamer (2018), W. Coleman Hubbard (2020), Robyn Serrano (2021), DJ Taylor (2022), Jordan Latimer (2025), James Miles (1998), Henry Otto (1998), Steven Tonkovich (1998), David Green (1998), Greg Ramsby (2022), William Costello (2025). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Russell 2000 Value TR USD index with a weighting of 100%. American Beacon Small Cp Val C has 455 securities in its portfolio. The top 10 holdings constitute 14.8% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

American Beacon Small Cp Val C is part of the Equity global asset class and is within the U.S. Equity fund group. American Beacon Small Cp Val C has 2.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 94.6%. There is 2.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 1.0% (1.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). American Beacon Small Cp Val C has 2.3% of the portfolio in cash.

Assets Under Management

The fund has $2 million in total assets, which is below the $417 million average for the Small Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

ASVCX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The American Beacon Small Cp Val C expense ratio is high compared to funds in the Small Value category. American Beacon Small Cp Val C has an expense ratio of 2.01%, which is 72% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. American Beacon Small Cp Val C has a portfolio turnover rate of 75%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 128% for the Small Value category.

Recently, in the month of July 2026, American Beacon Small Cp Val C returned -1.4%, which earned it a grade of D, as the Small Value category had an average return of -0.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

American Beacon Small Cp Val C has a trailing yield of 0.05%, which is below the 0.77% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

American Beacon Small Cp Val C Grades

Year to date, the fund has returned 25.6%, 5.4 percentage points better than the category, which translates into a grade of A. The fund has returned 35.0% over the past year (grade of B), 12.2% over the past three years (grade of C) and 9.1% per year over the past five years (grade of C) and 9.2% per year over the past 10 years (grade of D).

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