American Beacon Large Cap Value Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, American Beacon Large Cap Value Fund held 164 positions with $3.01B in net assets. Its ten largest holdings made up 17.6% of the fund. The AADEX share class costs 0.67% a year. Over the 12 months to May 2026, AADEX returned 20.4%, with dividends reinvested. In 2026 Q3 it added 11 new positions and exited 15.
The Funds investment objectives are long-term capital appreciation and current income.
The fund invests at least 80% of its net assets in equity securities of large-capitalization U.S. companies that exhibit value characteristics—below-average valuations on metrics such as price-to-earnings, price-to-book, price-to-cash-flow, or price-to-sales relative to the S&P 500 Index. Day-to-day investment decisions are delegated to multiple sub-advisors, each of which applies fundamental analysis to identify undervalued companies and typically sells when valuations normalize or fundamentals deteriorate. The fund may hold significant exposure to the Financials sector, though this exposure may shift as the portfolio composition changes.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
American Beacon U.S. Government Money Market | 3.33% | $100.15M | — | — |
1.83% | $54.91M | 355.8K | $154.33 | |
1.72% | $51.59M | 137.1K | $376.42 | |
GOOGLAlphabet Inc | 1.69% | $50.72M | 131.8K | $384.80 |
1.68% | $50.38M | 828.1K | $60.84 | |
1.57% | $47.14M | 368.3K | $127.98 | |
WDAYWorkday Inc | 1.47% | $44.23M | 361.3K | $122.40 |
1.47% | $44.20M | 141.1K | $313.23 | |
1.44% | $43.30M | 809.9K | $53.46 | |
1.43% | $42.86M | 521.2K | $82.23 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
All 164 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 96.90% |
| Cash & short-term | 3.33% |
| Derivatives | 0.19% |
Derivatives are shown at market value, not notional exposure.
By sector
- Financials
- 20.1%
- Information Technology
- 13.9%
- Health Care
- 12.3%
- Industrials
- 10.5%
- 10 other sectors
- 43.2%
- Financials
- 20.1%
- Information Technology
- 13.9%
- Health Care
- 12.3%
- Industrials
- 10.5%
- International
- 9.9%
- Energy
- 7.5%
- Utilities
- 6.4%
- Consumer Discretionary
- 5.9%
- Consumer Staples
- 3.5%
- Materials
- 3.2%
- Communication Services
- 2.7%
- Cash
- 2.6%
- Real Estate
- 1.5%
- Other
- 0.0%
How it has done
AADEX share class · total returns with dividends reinvested
Volatility over the last 12 months: 9.55%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 7 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.67% | +20.39% | +63.38% | +58.59% | -8.39% | |
| 0.98% | +20.04% | +61.97% | +56.24% | -8.42% | |
| 1.14% | +19.86% | +61.16% | +54.97% | -8.51% | |
| 0.73% | +20.29% | +63.11% | +58.13% | -8.42% | |
| 1.04% | +19.90% | +61.67% | +56.07% | -8.45% | |
| 1.76% | +19.13% | +58.17% | +50.38% | -8.63% | |
| 0.64% | +20.46% | +63.62% | +59.00% | -8.39% |
These classes hold the same portfolio, so the 8.62pp spread over 5 years is the cost difference between them — roughly 1.72pp a year — not a difference in what they own.
Fees & fund details
American Beacon Large Cap Value Fund is an actively managed U.S. equity fund. 9% of AADEX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 85% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.64% – 1.76%· AADEX 0.67%
- Portfolio turnover
- 27.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
11 new· the largest 8
15 exited· the largest 8
Understand how this fund fits with the rest.
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