- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 220 East Las Colinas Boulevard Irving TX United States of America 75039
- IPO Date
- Feb 9, 2016
- Business
- American Beacon Man Large Cap Growth Fund (BLYAX) is a mutual fund that seeks long-term total return on capital, primarily through capital appreciation, by investing primarily in a diversified portfolio of equity securities of large capitalization growth companies listed on the New York Stock Exchange, NYSE American, or NASDAQ; under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in such large-cap growth stocks, which may include common stocks, preferred stocks, securities convertible into common stocks, real estate investment trusts, depositary receipts, and dollar-denominated foreign stocks traded on U.S. exchanges; the Fund may also invest in mid-capitalization companies and employs a tax management strategy to minimize capital gain distributions through tax lot tracking and loss harvesting. The Fund offers multiple share classes, including Class A (BLYAX, with a front-end sales charge and inception date of February 5, 2016, prior class inception October 31, 2003), alongside institutional, investor, R5, R6, and C classes; it benchmarks performance against the Russell 1000 Growth Index and as of September 30, 2025, held total fund assets of $201.7 million, with top holdings including Alphabet Inc., NVIDIA Corp., Amazon.com Inc., Microsoft Corp., and Apple Inc.; sector allocations emphasize information technology (53.3%), communication services (13.8%), and health care (11.3%). Originally named American Beacon Bridgeway Large Cap Growth Fund with Bridgeway Capital Management as sub-advisor, the Fund underwent a significant sub-advisor change effective May 1, 2024, when Numeric Investors LLC (Man Numeric), a wholly-owned indirect subsidiary of Man Group plc, assumed full sub-advisory responsibilities from American Beacon Advisors, Inc., shifting to a fundamentally driven quantitative process focused on growth stocks with attractive valuations, positive long-term growth, sustainable competitive advantages, benign competitive environments, and favorable industry dynamics. American Beacon Funds, the sponsor, is headquartered in Irving, Texas, at 220 East Las Colinas Blvd., Suite 1200, and operates within the U.S. asset management industry targeting wealth management, retirement plans, and institutional investors nationwide.