American Beacon Stephens Mid-Cap Growth Fund Class Y
SMFYX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- American Beacon Advisors MA United States of America
- IPO Date
- Feb 27, 2012
- CIK
- 0000809593
- Website
- americanbeaconfunds.com
- Similar Companies
- Business
- American Beacon Stephens Mid-Cap Growth Fund Class Y (SMFYX) is an open-end mutual fund that seeks long-term growth of capital by investing at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of medium market capitalization companies exhibiting growth characteristics; it employs a bottom-up stock selection process emphasizing earnings growth potential in inefficient mid-cap markets, with a portfolio typically comprising 90-100 holdings across sectors such as information technology (approximately 26%), industrials (22%), health care (15%), and consumer discretionary (12%). The fund offers multiple share classes including Investor (STMGX, inception February 1, 2006), A (SMFAX), C (SMFCX), R5 (SFMIX), and Y (SMFYX, inception February 24, 2012, with prior class history to 2006), featuring net expense ratios around 0.96% for Class Y and minimum initial investments of $100,000 for institutional share classes. Sub-advised by Stephens Investment Management Group, LLC (firm inception September 2005), the fund is managed by a team led by Ryan E. Crane, CFA (Chief Investment Officer, industry experience since 1994), alongside John Thornton, CFA, Sam Chase, CFA, and others, benchmarking against the Russell Midcap Growth Index. American Beacon Funds, the fund sponsor headquartered in Irving, Texas, distributes the fund through Resolute Investment Distributors, Inc., with total net assets of approximately $687 million as of September 30, 2025, and Class Y share class assets of $162 million; the fund targets U.S. investors seeking exposure to mid-cap growth stocks, defined by market caps primarily between $5 billion and $100 billion, with a weighted average market cap of $33 billion. Recent operational updates include contractual fee waivers and/or reimbursements by American Beacon Advisors through December 31, 2025, supporting a stable net expense ratio amid ongoing portfolio management; the fund maintained its sub-advisory relationship with Stephens Investment Management Group at 100% allocation as of September 30, 2025, with no reported changes in portfolio management team, acquisitions, partnerships, or structural reorganizations within the last two years. As of November 7, 2025, Class Y shares traded at a NAV of $42.57, reflecting year-to-date returns of approximately 14% amid mid-cap growth market volatility. The fund participates in a securities lending program to enhance returns, with portfolio turnover at around 24%.