TLIE

American Beacon The London Company Income Equity ETF is an actively managed exchange-traded fund that seeks total return with an emphasis on income generation by investing primarily in U.S. common stocks, American Depositary Receipts, preferred stocks, convertible preferred stocks, and real estate investment trusts that have distributed dividends over the prior year. The sub-advisor uses bottom-up fundamental analysis to select a concentrated portfolio of 30 to 40 dividend-paying large- and mid-capitalization companies characterized by high return on capital, stable cash flows, solid corporate governance, and reasonable valuations.