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American Beacon GLG Natural Resources ETF

Portfolio information as of March 28, 2025
MARKET PRICE Market Price: The price at which Fund shares are bought and sold, which may be below, at, or above NAV. The Market Price Returns are calculated based on the Fund’s official closing price on the listing exchange.
as of March 28, 2025

$30.03
MARKET PRICE CHANGE (DAILY)
as of March 28, 2025

$-0.58

(-1.89%)
NAV NAV: The dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.
as of March 28, 2025

$29.93
NAV CHANGE (DAILY)
as of March 28, 2025

$-0.65

(-2.11%)
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 and quarter-end, click the PERFORMANCE tab below.
  • Summary
  • Performance
  • Portfolio
  • Resources

Investment Objective

The Fund’s investment objective is long-term capital appreciation.

INDEPENDENT INVESTMENT EXPERTS

Founded in 1995 and becoming part of Man Group in 2010, GLG LLC ("Man GLG") offers a diverse range of alternative and long-only investment strategies across equities, credit, fixed income and multi-asset approaches. Man GLG’s investment teams are encouraged to think independently, while sharing and debating ideas, unconstrained by a house view.

Firm inception: 1995

Portfolio managers:

  • Albert Chu; industry since 1998

EXTENSIVE FUNDAMENTAL RESEARCH

The ETF invests primarily in equity securities of 30 to 60 companies involved in natural resources and natural resources-related businesses. The sub-advisor is dedicated to investing in companies with historical track records of capital appreciation combining top-down and bottom-up analysis.

  • The process focuses on combining a commodities viewpoint with sub-sector selection and bottom-up stock picking.
  • The active, unconstrained approach is designed to extract returns in an asset class marked by wide dispersion.
PeriodDays Traded at PremiumDays Traded at Discount
1Q 2025563
202417058

The inception date of the ETF is 2/5/2024; thus 2024 is not a complete year.

Sub Advisor (%)

GLG LLC ("Man GLG") 100%


Ticker

MGNR

CUSIP

02368W408

ISIN

US02368W4087

EXCHANGE

NYSE Arca, Inc.

INCEPTION DATE

2/5/2024

Number of Holdings

53

Shares Outstanding

4,675,001

Expense Ratio (%) Expense Ratio: The Fund's total annual operating expenses as a percentage of your investment. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the expense ratio.

Per the current prospectus.0.75%

MEDIAN BID / ASK SPREAD 30-Day Median Bid/Ask Spread: The midpoint of the differences between the "bid" price (what investors are willing to pay) and the "ask" price (at which they are willing to sell Fund shares) on the listing exchange over the last 30 calendar days.

0.002033

DISCOUNT / PREMIUM Discount/Premium: The negative or positive difference between the market price and NAV at the time as of which the NAV is calculated, expressed as a percentage of NAV. The table shows the number of days the Fund traded at a premium, at a discount, or at NAV during various periods. The line graph shows the discount (negative) and the premium (positive) amount on the vertical axis and the date on which the premium/discount occurred on the horizontal axis.

0.340483%



Dispersion: Dispersion is a statistical measure of variation among values.

All investing involves risk, including possible loss of principal. The Fund is actively managed, and there can be no assurances that its investment objectives will be met. Concentration in natural resources and natural resources-related industries makes the Fund vulnerable to price movements of natural resources, which can result from supply and demand changes, environmental factors, government regulations, and political developments. Because the Fund may invest in fewer issuers than a more diversified portfolio, the fluctuating value of a single holding may have a greater effect on the value of the Fund. Investing in foreign and emerging markets may involve heightened risk due to currency fluctuations and economic and political risks. To the extent the Fund invests more heavily in a particular country or geographic region, its performance will be sensitive to factors affecting that country or region. The Fund may distribute higher capital gains than other ETFs. Please see the prospectus for a complete discussion of the Fund’s risks.

This information must be preceded or accompanied by a prospectus or summary prospectus. Click here to view or download a prospectus or summary prospectus. Read it carefully before you invest.

The Fund is new and has a limited operating history.

The Fund's investment sub-advisor is GLG LLC, an indirect wholly owned subsidiary of Man Group PLC.

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.

Foreside Financial Services, LLC is the distributor of the American Beacon ETFs and is not affiliated with American Beacon or its sub-advisors. American Beacon is a registered service mark of American Beacon Advisors, Inc. American Beacon GLG Natural Resources ETF is a service mark of American Beacon Advisors, Inc.

CUMULATIVE AVERAGE ANNUAL
as of 02/28/2025 YTD 1 MO 3 MO Since Incept. 1 YR 3 YR 5 YR 10 YR
NAV 0.17 -5.38 -8.20 18.62 17.93 - -
Market Price 0.24 -5.52 -8.22 18.77 17.90 - -
The inception date of the ETF is 2/5/2024.

CUMULATIVE AVERAGE ANNUAL
as of 12/31/2024 YTD 1 MO 3 MO Since Incept. 1 YR 3 YR 5 YR 10 YR
NAV - -8.36 -2.02 19.71 - - -
Market Price - -8.44 -2.02 19.79 - - -
The inception date of the ETF is 2/05/2024.

This information must be preceded or accompanied by a prospectus or summary prospectus. Click here to view or download a prospectus or summary prospectus. Read it carefully before you invest.

The Fund is new and has a limited operating history.

Important Information: Please note that the recent performance of the securities market has helped produce short‐term returns that are not typical and may not continue in the future.

Returns for less than one year are cumulative and not annualized. Short-term performance, in particular, is not a good indication of the Fund’s future performance, and an investment should not be made based solely on returns. Net asset value ("NAV") returns are based on the dollar value of a single share of the Fund, calculated using the value of the underlying assets of the Fund minus its liabilities, divided by the number of shares outstanding. Market price returns are based on the official closing price on the NYSE Arca, Inc. Market price performance does not represent the returns you would have received if you traded shares at other times. Total Return reflects reinvestment of distributions on ex-date for NAV returns and payment date for market price returns. The Fund's shares are bought and sold at current market prices (and not at NAV), and market price may differ significantly from NAV during periods of market volatility.

Foreside Financial Services, LLC is the distributor of the American Beacon ETFs and is not affiliated with American Beacon or its sub-advisors. American Beacon is a registered service mark of American Beacon Advisors, Inc. American Beacon GLG Natural Resources ETF is a service mark of American Beacon Advisors, Inc.


Download HoldingsDownload Full List in Excel Format

Top 10 Holdings by Percent (as of 03/28/2025)


Ticker Description Weight Market Value CUSIP/Identifier Shares/Quantity Notional Value
KGCKINROSS GOLD CORP COMMON STOCK4.69%$6,554,976496902404524,818$6,554,976
TRGPTARGA RESOURCES CORP COMMON STOCK USD.0014.16%$5,820,65587612G10129,424$5,820,655
ENRSIEMENS ENERGY AG COMMON STOCK3.65%$5,103,033ACI1RCRC285,262$5,103,033
AUANGLOGOLD ASHANTI PLC COMMON STOCK3.53%$4,940,417G0378L100133,597$4,940,417
HBMHUDBAY MINERALS INC COMMON STOCK3.52%$4,931,434443628953640,907$4,931,434
XUNITED STATES STEEL CORP COMMON STOCK USD1.03.44%$4,810,152912909108111,864$4,810,152
SWSMURFIT WESTROCK PLC COMMON STOCK3.21%$4,489,412G8267P108100,863$4,489,412
MEOHMETHANEX CORP COMMON STOCK3.17%$4,438,59359151K108125,668$4,438,593
PRPERMIAN RESOURCES CORP COMMON STOCK USD.00013.16%$4,424,62671424F105321,791$4,424,626
CDECOEUR MINING INC COMMON STOCK USD.013.15%$4,405,968192108504723,476$4,405,968

Sector Weightings (%)

(as of 12/31/2024)

Materials 53.9
Energy 22.6
Industrials 11.8
Consumer Staples 7.4
Utilities 2.4
Information Technology 1.8

Top 10 Holdings (%)

(as of 12/31/2024)
   
Siemens Energy AG  4.9
Methanex Corp.  4.5
Targa Resources Corp.  4.5
Kinross Gold Corp.  4.5
Smurfit WestRock PLC  3.9
Hudbay Minerals, Inc.  3.8
Permian Resources Corp.  3.7
Kinetik Holdings, Inc.  3.5
Diamondback Energy, Inc.  3.5
Teck Resources Ltd.  3.3
Total Fund Holdings  46

Asset Allocation (%)

(as of 12/31/2024)
  
Equity 99.9
Cash 0.1

Holdings are subject to change without notice. The amounts shown under Weight, Market Value and Notional Value are calculated using third-party pricing sources and do not reflect any fair valuation adjustments made by American Beacon in determining the Fund's NAV. In addition, the values shown for holdings denominated in non-U.S. currencies may have been converted to U.S. dollars using foreign exchange rates as of a different time than used for purposes of determining the NAV.

This information must be preceded or accompanied by a prospectus or summary prospectus. Click here to view or download a prospectus or summary prospectus. Read it carefully before you invest.

The Fund is new and has a limited operating history.

Foreside Financial Services, LLC is the distributor of the American Beacon ETFs and is not affiliated with American Beacon or its sub-advisors. American Beacon is a registered service mark of American Beacon Advisors, Inc. American Beacon GLG Natural Resources ETF is a service mark of American Beacon Advisors, Inc.


This information must be preceded or accompanied by a prospectus or summary prospectus. Click here to view or download a prospectus or summary prospectus. Read it carefully before you invest.

The views expressed in the resources linked above are those of the speaker as of the date noted therein, are subject to change without notice and may not be reflective of current views held by American Beacon, its affiliates or sub-advisors.

Foreside Financial Services, LLC is the distributor of the American Beacon ETFs and is not affiliated with American Beacon or its sub-advisors. American Beacon is a registered service mark of American Beacon Advisors, Inc. American Beacon GLG Natural Resources ETF is a service mark of American Beacon Advisors, Inc.