American Beacon The London Company Income Equity ETF
The Fund’s investment objective is current income, with a secondary objective of capital appreciation.
Overview
A TOTAL RETURN APPROACH TO INCOME EQUITY INVESTING
Founded in 1994, The London Company is a majority employee-owned investment management firm serving institutional, sub-advisory, and wealth clients and their intermediaries around the world. Strategies focus on U.S. and non-U.S. equity management across all market capitalizations. At the heart of the firm’s investment principles is a belief that markets are much less efficient at assessing risk than reward. That downside mitigation focus is the hallmark of the firm’s highly differentiated investment process that relies on facts, not speculation. This disciplined and transparent approach has produced a growing and diversified client base.
TLIE seeks to generate meaningful excess returns versus the Russell 1000® Value Index at lower levels of volatility over full market cycles, utilizing an investment approach focused on predictability and stability.
Firm Inception: 1994
Portfolio Managers:
- Stephen Goddard, CFA; Chief Investment Officer; industry since 1987
- Brian Campbell, CFA; industry since 2000
- Sam Hutchings, CFA; industry since 2008
WHY INVEST
- High Conviction Portfolio: 30 to 40 holdings with high active share compared to the Russell 1000 Value Index.
- Quality Focus: Targets high-quality, large-cap companies with strong returns on capital bought at discounts.
- Predictability and Stability: Favors companies with strong cash flow and balance sheets with valuation discipline.
| Period | Days Traded at Premium | Days Traded at Discount |
|---|---|---|
| Q3 2026 | 0 | 0 |
| Q2 2026 | 0 | 0 |
| 2025 | 0 | 0 |
| Fund Details as of 09/23/2026 | |
|---|---|
| Sub-advisor % | |
|
The London Company of Virginia, LLC100% |
|
| Ticker | TLIE |
| CUSIP | 02368W804 |
| ISIN | US02368W8041 |
| Exchange | NYSE Arca, Inc. |
| Inception Date | 09/23/2026 |
| Number of Holdings | N/A |
| Shares Outstanding | 100,000 |
| Expense Ratio (%) | 0.67% |
| Median Bid / Ask Spread | N/A |
| Premium / Discount | N/A% |
Performance
| as of | Cumulative | Average Annual | ||||||
|---|---|---|---|---|---|---|---|---|
| YTD | 1 MO | 3 MO | 1 YR | 3 YR | 5 YR | 10 YR | Since Inception | |
| NAV | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Price | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| as of | Cumulative | Average Annual | ||||||
|---|---|---|---|---|---|---|---|---|
| YTD | 1 MO | 3 MO | 1 YR | 3 YR | 5 YR | 10 YR | Since Inception | |
| NAV | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Price | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
The Fund is new and has a limited operating history.
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.
Portfolio
Top 10 Holdings by Percent (As of 09/23/2026)
| Ticker | Description | Weight | Market Value | CUSIP/Identifier | Shares/Quantity | Notional Value |
|---|---|---|---|---|---|---|
| US DOLLAR | 100.00% | $1,250,025 | 999USDZ92 | 1,250,025.00 | $1,250,025 | |
| NET OTHER ASSETS | 0.00% | $0 | — | 0.00 | $0 |
Top Ten Holdings
as of 09/24/2026
| Holding | ||
|---|---|---|
| — | N/A | |
| — | N/A | |
| — | N/A | |
| — | N/A | |
| — | N/A | |
| — | N/A | |
| — | N/A | |
| — | N/A | |
| — | N/A | |
| — | N/A | |
| Number of Holdings | N/A | |
Portfolio Statistics
as of 09/24/2026
| Weighted Avg. Market Cap ($ B) | N/A |
| Dividend Yield | N/A |
| 30-Day SEC Yield | N/A |
| Forward Price-to-Earnings Ratio | N/A |
| Price-to-Book Ratio | N/A |
Sector
as of 09/24/2026
| Information Technology | N/A |
| Industrials | N/A |
| Financials | N/A |
| Health Care | N/A |
| Consumer Discretionary | N/A |
| Consumer Staples | N/A |
| Utilities | N/A |
| Materials | N/A |
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.
For more information about the risks associated with the Fund, visit the “Risk Disclosures” page or read the prospectus.
Resources
Fund Literature
Regulatory Docs
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.
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.
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.
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.
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.
SEC 30-Day Yield: A yield measure standardized by the SEC. It reflects investment income net of the Fund’s expenses during the 30-day period divided by the Fund’s maximum offering price on the last day of the period.
The Russell 1000® Value Index is an unmanaged index of those stocks in the Russell 1000® Index with lower price-to-book ratios and lower forecasted growth values.
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 The London Company Income Equity ETF is a service mark of American Beacon Advisors, Inc.
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