PSCIX
Price:
$10.2
Market Cap:
$552.08M
The fund primarily aims to generate income, with a secondary focus on achieving absolute returns (positive returns regardless of market conditions). Its core approach utilizes a convertible arbitrage strategy: it purchases convertible securities (which include convertible preferred shares) and simultaneously establishes short positions, or protective hedges, in the common stock issued by those same companies. To further manage specific risks and limit undesirable market exposures, the fund may also employ various other hedging tools, such as Exchange-Traded Funds (ETFs), options, and currency forwards, when deemed suitable. It's possible for the fund to have a substantial portion of its inve...[Read more]
Industry
Asset Management - Income
IPO Date
2012-05-25
Stock Exchange
NASDAQ
Ticker
PSCIX
According to American Beacon SSI Alternative Income Fund Y Class’s latest financial reports and current stock price. The company's current Dividend Yield is 6.02%. This represents a change of 597.35% compared to the average of 0.86% of the last 4 quarters.
The mean historical Dividend Yield of American Beacon SSI Alternative Income Fund Y Class over the last ten years is 2.74%. The current 6.02% Dividend Yield has changed 119.46% with respect to the historical average. Over the past ten years (40 quarters), PSCIX's Dividend Yield was at its highest in in the December 2019 quarter at 2.22%. The Dividend Yield was at its lowest in in the March 2014 quarter at 0%.
Average
2.74%
Median
2.77%
Minimum
1.33%
Maximum
3.88%
Discovering the peaks and valleys of American Beacon SSI Alternative Income Fund Y Class Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 90.54%
Maximum Annual Dividend Yield = 3.88%
Minimum Annual Increase = -58.20%
Minimum Annual Dividend Yield = 1.33%
| Year | Dividend Yield | Change |
|---|---|---|
| 2023 | 3.49% | -6.03% |
| 2022 | 3.72% | -4.09% |
| 2021 | 3.88% | 83.32% |
| 2020 | 2.12% | -41.66% |
| 2019 | 3.63% | 90.54% |
| 2018 | 1.90% | 3.87% |
| 2017 | 1.83% | 37.81% |
| 2016 | 1.33% | -58.20% |
| 2015 | 3.18% | 34.77% |
| 2014 | 2.36% | 0.97% |
The current Dividend Yield of American Beacon SSI Alternative Income Fund Y Class (PSCIX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
3.70%
5-year avg
3.37%
10-year avg
2.74%
American Beacon SSI Alternative Income Fund Y Class’s Dividend Yield is less than American Beacon SSI Alternative Income Fund Investor Class (5.79%), less than Angel Oak Financial Strategies Income Term Trust (11.03%), less than Calamos Global Growth and Income Fund Class A (7.98%), less than BlackRock California Municipal Income Trust (3.57%), less than BlackRock Floating Rate Income Trust (13.38%), less than T. Rowe Price Credit Opportunities Fund, Inc. (6.93%), less than Manning & Napier Fd, Inc. Pro-Blend Conservative Term Srs Cl S (4.63%), less than New Covenant Income Fd (3.32%), less than Hartford Global Impact Fund Class Y (0.57%), less than Eaton Vance Floating-Rate Income Trust (8.89%),
| Company | Dividend Yield | Market cap |
|---|---|---|
| 5.79% | $391.55M | |
| 11.03% | $313.47M | |
| 7.98% | $378.16M | |
| 3.57% | $334.01M | |
| 13.38% | $321.81M | |
| 6.93% | $397.33M | |
| 4.63% | $272.67M | |
| 3.32% | $350.39M | |
| 0.57% | $364.03M | |
| 8.89% | $283.06M |
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