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American Beacon Feac Floating Rate Income Fund Y Class (SPFYX)

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8.03 0.00    0%
28/06 - Closed. Currency in USD ( Disclaimer )
  • Morningstar Rating:
  • Total Assets: 103.75M
Type:  Fund
Market:  United States
Issuer:  American Beacon
Asset Class:  Other
American Beacon Sound Point FlRtIn Y 8.03 0.00 0%

SPFYX Overview

 
On this page you'll find an in-depth profile of American Beacon Feac Floating Rate Income Fund Y Class. Learn about the key management, total assets, investment strategy and contact information of SPFYX among other information.
Category

Bank Loan

Total Assets

103.75M

Expenses

0.88%

Inception Date

42349

Investment Strategy

The investment seeks to provide a high level of current income consistent with strong risk-adjusted returns. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in income-producing floating-rate loans and other floating-rate debt securities, which may include bonds, notes and debentures issued by corporations, and debt securities issued or guaranteed by the U.S. government or one of its agencies or instrumentalities.

Contact Information

Address 220 East Las Colinas Blvd., Suite 1200
Irving,TX 75039
United States
Phone +1 8006585811

Top Executives

Name Title Since Until
Brian J. Murphy Senior Managing Director 2022 Now
Biography Brian Murphy is a Senior Managing Director and Senior Portfolio Manager for First Eagle Alternative Credit's Tradable Credit platform and Head of Capital Markets across the firm's Tradable Credit and Direct Lending platforms. He also serves on the Investment Committee of the firm's Tradable Credit platform. Mr. Murphy became part of First Eagle in 2020 upon the firm's acquisition of THL Credit. Mr. Murphy has more than twenty-four years of investment industry experience, principally in the area of leveraged finance. Prior to joining THL Credit in June 2012, Mr. Murphy was a Senior Credit Analyst/Senior Portfolio Manager in the Alternative Credit Strategies Group of McDonnell Investment Management, LLC. From 1998 to May 2004, Mr. Murphy was employed by Columbia Advisors in the Bank Loan Asset Management Group as a Senior Credit Analyst covering telecommunications, media/broadcasting, and the cable industries. Prior to joining Columbia Advisors, Mr. Murphy was employed by Van Kampen Investments from October 1991 through March 1998, most recently serving as an Assistant Portfolio Manager for the Van Kampen Prime Rate Income Trust, where he gained credit training and significant experience in all aspects of the bank loan asset class, including cash management, trade settlement, credit monitoring, portfolio surveillance, and analysis.
Steven Krull Managing Director 2022 Now
Biography Steven Krull, CFA is a Managing Director, Portfolio Manager, and Head of Trading for First Eagle Alternative Credit's Tradable Credit platform. He also serves on the Investment Committee of the firm's Tradable Credit platform. Mr. Krull became part of First Eagle in 2020 upon the firm's acquisition of THL Credit. Mr. Krull has more than seventeen years of investment industry experience, principally in the area of leveraged finance. Prior to joining THL Credit in 2012, Mr. Krull was a Portfolio Manager/Head Trader of the Alternative Credit Strategies Group of McDonnell Investment Management, LLC. From 1998 to May 2004, Mr. Krull was employed by Columbia Management Group as a member of the Bank Loan Asset Management Group. Mr. Krull served in various roles, most recently as the group's bank loan trader, responsible for day-to-day cash management and trading activity of the group's two mutual funds, Columbia Floating Rate Fund and Columbia Floating Rate Advantage Fund, as well as four structured products, with assets totalling $2.7 billion. Mr. Krull earned his B.A. in Economics from Illinois Wesleyan University and is a CFA charterholder and a member of the CFA Institute and CFA Society of Chicago.
James R. Fellows Vice President, Portfolio Manager 2022 Now
Biography James Fellows, CFA is the Chief Investment Officer of FEAC and Head of its Tradable Credit platform. He also serves on the firm's Global Investment Committee and the Investment Committees of both its Tradable Credit and Direct Lending platforms. Mr. Fellows became part of First Eagle in 2020 upon the firm's acquisition of THL Credit. Mr. Fellows has more than twenty-eight years of investment industry experience, principally in the area of leveraged finance. Prior to joining THL Credit in 2012, Mr. Fellows was Co-Head, Alternative Credit Strategies Group of McDonnell Investment Management, LLC, where he helped establish and manage three cash flow CLOs, a leveraged loan opportunity fund and unleveraged fund and a separate account. From 1998 to April 2004, Mr. Fellows was a Senior Vice President at Columbia Advisors, where he served as Co-Portfolio Manager for two continuously offered closed-end funds and four structured product vehicles from their inception, including two CLOs. Prior to joining Columbia Advisors in 1998, Mr. Fellows was a Senior Credit Analyst for Van Kampen Investments in its Bank Loan Investment Group. While at Van Kampen, Mr. Fellows also served as a Credit Analyst for high-yield bonds and privately placed mezzanine bonds. Other responsibilities with Van Kampen included training junior credit analysts for its bank loans and high-yield groups. Mr. Fellows brings extensive knowledge of high-yield bank loans and high-yield bonds, as well as in-depth workout, restructuring and distressed investment experience. Mr. Fellows earned his B.S. degree in Economics and Finance from the University of Nebraska, is a member of The CFA Institute, and holds the Chartered Financial Analyst designation.
Robert J. Hickey Senior Managing Director 2022 Now
Biography Robert Hickey is a Senior Managing Director and Senior Portfolio Manager for FEAC's Tradable Credit platform. He also serves on the firm's Global Investment Committee and the Investment Committee of its Tradable Credit platform. Mr. Hickey became part of First Eagle in 2020 upon the firm's acquisition of THL Credit. Mr. Hickey has more than twenty-eight years of investment industry experience. Prior to joining THL Credit in 2012, Mr. Hickey was a Senior Credit Analyst/Senior Portfolio Manager in the Alternative Credit Strategies Group of McDonnell Investment Management, LLC. Prior to joining McDonnell, Mr. Hickey was a Vice President at INVESCO Funds Inc. in Denver, Colorado, where he served as Portfolio Manager for the INVESCO High-Yield Fund and Co-Manager of the INVESCO Select Income Fund. In addition, Mr. Hickey co-managed the fixed income components of several sub-advised funds. During this time, he maintained primary credit coverage of the energy, gaming, metals/mining, media/entertainment and paper/forest products sectors of the high-yield market. Mr. Hickey brings extensive knowledge of corporate, high-yield, and emerging market securities, as well as derivatives and hedging instruments throughout the entire credit spectrum. He also has experience with the management and regulatory aspects of the insurance industry. Prior to joining INVESCO in 2001, Mr. Hickey was the Director of Corporate Bonds for Van Kampen Investments. While at Van Kampen, he was also Senior Portfolio Manager for several high-yield and high-grade corporate bond portfolios. Other responsibilities with Van Kampen included the management of an annuity company for OakRe Life/Xerox Financial Services Life Insurance. Mr. Hickey earned his M.B.A. from the Kellogg Graduate School of Management at Northwestern University and his B.A. from the University of Wisconsin.
Brian McHugh - 2020 2022
Biography Brian McHugh is a Portfolio Manager at Sound Point. Mr. McHugh joined Sound Point in 2018. He currently serves as Portfolio Manager on the firm’s U.S. Floating Rate Fund Investment Committee, Risk Committee and CLO Risk Committee. Prior to joining Sound Point, Mr. McHugh spent 12 years at Halcyon Capital Management, where he focused primarily on investments in the Healthcare sector. Prior to Halcyon, Mr. McHugh spent approximately 7 years at Prudential Financial, where he was a Credit Analyst. Mr. McHugh earned a B.S. in Finance from the University of Delaware.
Joe Xu Portfolio Manager 2019 2022
Biography Joe Xu is Portfolio Manager and Senior Credit Analyst. Mr. Xu joined Sound Point in 2014 as a credit analyst. He currently serves as Portfolio Manager on the firm’s U.S. Floating Rate Fund Investment Committee and Senior Credit Analyst covering the Technology sector. Prior to joining Sound Point, Mr. Xu spent over 3 years as a credit analyst with Ares Management, where he evaluated leveraged loan opportunities in the Business Services, Consumer, Industrial, Media and Technology sectors. Prior to Ares, Mr. Xu evaluated, structured and executed private equity and mezzanine debt investments for Veronis Suhler Stevenson, a middle market private equity and specialty finance firm. Mr. Xu began his career as an investment banking analyst with William Blair & Company and graduated cum laude from the University of Illinois at Urbana-Champaign with a B.S. in Accounting.
Stephen Ketchum Managing Partner 2012 2022
Biography Mr. Joel Beam serves as Managing Director & Senior Portfolio Manager, Real Estate at Salient Partners. He is a seasoned investment professional with over 20 years of experience in real estate securities research and investment management. He is nationally recognized for his experience in managing preferred and senior securities. Previously, Joel was a partner and portfolio manager at Kensington Investment Group, Inc. and a member of the firm's executive committee. He joined Kensington in 1995 as a senior analyst and began managing portfolios in 1997. In 2009, Kensington was acquired by forwarding Management, and subsequently in 2015, Salient acquired Forward. Joel previously worked at Liquidity Financial Advisors, where he valued and priced real estate limited partnership and institutional securities and their underlying properties. Joel holds a bachelor of arts (with honors) from the University of California, Berkeley.
Rick Richert Portfolio Manager 2012 2022
Biography Rick Richert is a Portfolio Manager at Sound Point. Mr. Richert has been at Sound Point since May 2011. Prior to joining Sound Point, Mr. Richert was a Principal in the CLO group at American Capital (“ACAS”) where for 4 years he served as a senior member of a team managing in bank loan assets. His primary role was managing the cash flow CLO and directly covered over 40 names in the Aerospace & Defense, Building Materials, Chemical, Electronics, Metals & Mining and Oil & Gas industries. Prior to ACAS, Mr. Richert was a Senior Credit Analyst at Sanno Point Capital Management, a credit-focused hedge fund, where he covered Home Builders, Metals & Mining, TMT, and Drug Store Retailers. Previously, he was a Director in the Bank Loan Unit at MetLife, where he worked for 10 years. At MetLife, Mr. Richert managed a portfolio of leveraged loans and directly covered over 40 names across many industries. Mr. Richert earned his M.B.A. in Finance from the University of Michigan and his B.B.A. in Accounting from Southern College. He is a Chartered Financial Analyst charterholder and is a Certified Public Accountant.
Ryan Kohan Portfolio Manager 2015 2018
Biography – Western Asset Management Company, LLC – Portfolio Manager, 2019- – Sound Point Capital Management, L.P. – Portfolio Manager, Senior Credit Analyst, 2013-2019 – Doral Leveraged Asset Management – Credit Analyst, 2009-2013 – Rothschild Inc. – Analyst, 2008-2009 – Babson College, Bachelor of Science in Business Management, Finance concentration, magna cum laude
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