American Beacon ARK Transformational Innovation Fund Investor Class logo

American Beacon ARK Transformational Innovation Fund Investor Class (ADNPX)

Market Closed
7 Aug, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
21. 62
+1.04
+5.0534%
$
165.93M Market Cap
0.26% Div Yield
0 Volume
$ 20.58
Previous Close
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Day Range
21.62 21.62
Year Range
17.05 24.37
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Summary

ADNPX closed Friday higher at $21.62, an increase of 5.0534% from Thursday's close, completing a monthly increase of 8.4253% or $1.68. Over the past 12 months, ADNPX stock gained 3.0997%.
ADNPX pays dividends to its shareholders, with the most recent payment made on Dec 23, 2022. The next estimated payment will be in 23 Dec 2022 on Dec 23, 2022 for a total of $0.812.
The stock of the company had never split.
The company's stock is traded on one exchange.

ADNPX Chart

American Beacon ARK Transformational Innovation Fund Investor Class (ADNPX) FAQ

What is the stock price today?

The current price is $21.62.

On which exchange is it traded?

American Beacon ARK Transformational Innovation Fund Investor Class is listed on NASDAQ (NMS).

What is its stock symbol?

The ticker symbol is ADNPX.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.26%.

What is its market cap?

As of today, the market cap is 165.93M.

Has American Beacon ARK Transformational Innovation Fund Investor Class ever had a stock split?

No, there has never been a stock split.

American Beacon ARK Transformational Innovation Fund Investor Class Profile

NASDAQ (NMS) Exchange
US Country

Overview

The company is a fund that primarily focuses on investing in securities associated with emerging market countries, ensuring at least 80% of its net assets (plus any borrowed amounts for investment purposes) are allocated in these markets. The fund aims to capitalize on the growth potential of emerging markets by investing in various securities, demonstrating a strategy that seeks to balance risk with the high growth potential these markets can offer. It embodies a dynamic approach to investment, adjusting its portfolio according to the economic ties and conditions of emerging market countries at the time of investment. This strategy indicates the fund's commitment to being actively involved in the markets it invests in, ensuring it remains well-positioned to take advantage of shifts within these economies. Additionally, the fund's capability to invest cash balances in other investment vehicles like money market funds and ETFs highlights its flexible investment approach, designed to optimize returns and manage risk effectively.

Products and Services

  • Securities Investment in Emerging Markets

    This core service involves the strategic investment of at least 80% of the fund’s net assets in securities of companies that are economically tied to emerging market countries. By focusing on these markets, the fund seeks to leverage the growth potential inherent in emerging economies, ranging from equities to debt securities that offer both growth and value to investors. The fund carefully selects securities to ensure they align with its investment criteria and risk appetite, offering a diversified portfolio that aims to reduce risk while maximizing returns.

  • Investment in Other Investment Companies

    Beyond direct securities investment, the fund also engages in investing cash balances in other investment companies, including money market funds. This service aims to provide flexibility in managing cash reserves efficiently, ensuring that even liquid assets are positioned to generate returns. Investing in money market funds allows the fund to maintain liquidity while earning a return on its cash holdings, providing a strategic cushion that can be utilized for investment opportunities or to meet investor redemptions without compromising on performance.

  • Investment in Exchange-Traded Funds (ETFs)

    The fund’s ability to invest in ETFs represents an additional layer of diversification and flexibility. ETFs offer exposure to a wide range of assets, sectors, and regions, enabling the fund to gain comprehensive market coverage through a single investment. This strategy enhances the fund’s ability to spread risk and tap into various economic sectors and global markets efficiently. The inclusion of ETFs in its investment strategy underscores the fund’s holistic approach to achieving robust, diversified investment portfolios tailored to capitalize on global market opportunities.

Contact Information

Address: 220 East Las Colinas Boulevard
Phone: 8173916100