Mutual Funds

Back to the list of all funds

American Beacon Bridgeway Large Cap Value Fund

Portfolio information as of March 31, 2012

Summary
Performance
Overview

Investment Objective

The Fund seeks to provide long-term total return of capital, primarily through capital appreciation and some income.

Key Points

The Fund invests in a diversified portfolio of large stocks that are listed on the New York Stock Exchange, the American Stock Exchange and NASDAQ. Under normal circumstances, at least 80% of Fund net assets (plus borrowings for investment purposes) are invested in stocks from among those in the large-cap value category at the time of purchase.
The sub-advisor selects stocks within the large-cap value category using a proprietary statistically driven approach. Value stocks are those the sub-advisor believes are priced cheaply relative to some financial measures of worth, such as the ratio of price to earnings, price to sales, or price to cash flow.
The Fund’s long-term investment outlook and focus on lower turnover and lower operating and trading expenses may impact the speed and frequency in which investment ideas are acted upon.

Sub-Advisors (%)

Bridgeway Capital Management, Inc.

100.0

The intrinsic value of stocks selected for the Fund may never be realized by the market, and the price of value stocks may go down. While investing in value stocks may limit downside risk over time, the Fund may produce more modest gains than riskier stock funds as a trade-off for this potentially lower risk.

American Beacon Funds and American Beacon Bridgeway Large Cap Value Fund are service marks of American Beacon Advisors, Inc.

TOTAL RETURNS

Share Class	Inception Date	NAV	CUSIP	Symbol	Gross Expense Ratio	Net Expense Ratio¹	QTR	YTD	1 Year	3 Year*	5 Year*	10 Year / Since Inception*
Institutional	10/31/2003	15.05	024524126	BRLVX	1.16	0.84	10.10	10.10	3.91	22.69	0.79	6.80
Investor	02/03/2012	15.05	024524118	BWLIX	1.54	1.22	10.10	10.10	3.91	22.69	0.79	6.80
Y	02/03/2012	15.05	024524134	BWLYX	1.26	0.94	10.10	10.10	3.91	22.69	0.79	6.80
A (without max sales charge)	02/03/2012	15.05	024524159	BWLAX	1.66	1.34	10.10	10.10	3.91	22.69	0.79	6.80
A (with max sales charge)	02/03/2012	15.05	024524159	BWLAX	1.66	1.34	3.79	3.79	-2.10	20.30	-0.39	6.06
C (without max sales charge)	02/03/2012	15.03	024524142	BWLCX	2.41	2.09	9.95	9.95	3.77	22.63	0.76	6.79
C (with max sales charge)	02/03/2012	15.03	024524142	BWLCX	2.41	2.09	8.95	8.95	2.77	22.63	0.76	6.79

Benchmark	QTR	YTD	1 Year	3 Year*	5 Year*	10 Year / Since Inception*
Lipper Large Cap Value Index	11.75	11.75	3.27	20.50	-0.22	5.00
Russell 1000 Value Index	11.12	11.12	4.79	22.82	-0.81	5.71

Performance shown is historical and is not indicative of future returns. Investment returns and principal value will vary, and shares may be worth more or less at redemption than at original purchase. Performance shown is as of date indicated, and current performance may be lower or higher than the performance data quoted. To obtain performance as of the most recent month end, click here.

Important Information: There is no guarantee that the investment objectives will be met. Indexes are unmanaged and one cannot invest directly in an index. For any Class of the Fund that began operating within the ten-year/since inception period shown, the performance shown prior to the inception date of the Class is that of a class (or series of classes) previously in operation. The combined returns have not been adjusted for any difference between the fees and expenses of the Class and the historical fees and expenses of the included previous class (or classes). If the previous class(es) had lower expenses, the resulting performance would be better than the Class would have realized during the same period. If the previous class(es) had higher expenses, the resulting performance would be lower than the Class would have realized during the same period. Class C shares may be subject to a contingent deferred sales charge of up to 1% on certain redemptions made within 12 months of purchase. Performance presented at NAV, which does not include these sales charges, would be lower if these charges were reflected. Specific information about any Fund may be found at americanbeaconfunds.com or in the prospectus.

*Annualized.

**American Beacon Advisors has contractually agreed to waive and/or reimburse the A Class, C Class, Institutional Class, Y Class and Investor Class of the Fund for distribution fees and other expenses, as applicable, through March 29, 2013.

The Russell 1000® Value Index measures the performance of those Russell 1000® companies with lower price-to-book ratios and lower forecasted growth values. The Russell 1000® Value Index is a registered trademark of Frank Russell Company. The Lipper Large-Cap Value Funds Index is an index of large-company, value-oriented funds compiled by Lipper, Inc.

American Beacon Funds and American Beacon Bridgeway Large Cap Value Fund are service marks of American Beacon Advisors, Inc. Russell 1000 and Russell 1000 Value Indexes are registered trademarks of Frank Russell Company.

Sector Weightings (%)

Financials	24.9
Health Care	13.0
Consumer Discretionary	12.1
Energy	11.9
Consumer Staples	11.4
Industrials	11.2
Information Technology	6.3
Utilities	3.5
Telecommunication Services	3.2
Materials	2.5

Portfolio Statistics	Fund
Price-to-Earnings Ratio (P/E)	11.6
Price-to-Book Ratio (P/B)	1.8
Weighted Average Market Cap ($)	54,228,573,600

3-Year Risk Summary	Fund
R2	0.98
Alpha	1.49
Beta	0.93
Sharpe Ratio	1.40
Standard Deviation	16.09

Top 10 Equity Holdings (%)

Chevron Corp.	2.8
Union Pacific Corp.	2.0
Chubb Corp.	1.9
Avalonbay Communities Inc.	1.9
Berkshire Hathaway, Inc.	1.9
Lockheed Martin Corp.	1.8
ConocoPhillips	1.8
VF Corp.	1.7
Ventas Inc.	1.6
Exxon Mobil Corp.	1.6
Total Fund Holdings:	89

The P/B Ratio of a stock is calculated by dividing the current price by book value per share. The P/E Ratio of a stock is calculated by dividing the current price by forecasted twelve-month earnings per share. Return on Equity (ROE) is net income divided by net worth. R-squared (R2) is the percentage of the Fund’s three-year return that is explained by movements in its benchmark index. Alpha is a measure of the Fund’s expected performance versus the benchmark, adjusted for relative risk. Beta is a measure of the Fund’s volatility versus the benchmark. Sharpe Ratio is a measure of the Fund’s return per unit of total risk. Standard Deviation is a measure of the historical volatility of the Fund’s returns.

American Beacon Funds and American Beacon Bridgeway Large Cap Value Fund are service marks of American Beacon Advisors, Inc. Russell 1000 and Russell 1000 Value Indices are registered trademarks of Frank Russell Company.

$0 to $2 billion	1.50
$2 billion to $10 billion	17.94
$10 billion to $25 billion	34.66
$25 billion+	45.89

Mutual Funds

American Beacon Bridgeway Large Cap Value Fund

Portfolio information as of March 31, 2012

Investment Objective

Key Points

Sub-Advisors (%)

Fund Materials

Total Fund Assets

TOTAL RETURNS

Sector Weightings (%)

Portfolio Statistics

3-Year Risk Summary

Top 10 Equity Holdings (%)

Asset Allocation (%)

Market Capitalization (%)

Equity	98.7
Cash Equivalent	1.3

Mutual Funds

American Beacon Bridgeway Large Cap Value Fund

Portfolio information as of March 31, 2012

Investment Objective

Key Points

Sub-Advisors (%)

Fund Materials

Total Fund Assets

TOTAL RETURNS

Sector Weightings (%)

Portfolio Statistics

3-Year Risk Summary

Top 10 Equity Holdings (%)

Asset Allocation (%)

Market Capitalization (%)

MY ACCOUNT