American Beacon DevelopingWldIncFd-CCl (AGECX)
| Fund Assets | 1.21B |
| Expense Ratio | 2.14% |
| Min. Investment | $1,000 |
| Turnover | 42.00% |
| Dividend (ttm) | 0.71 |
| Dividend Yield | 9.54% |
| Dividend Growth | -3.04% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 1, 2025 |
| Previous Close | 7.47 |
| YTD Return | 11.13% |
| 1-Year Return | 12.97% |
| 5-Year Return | 38.76% |
| 52-Week Low | 6.67 |
| 52-Week High | 7.49 |
| Beta (5Y) | 0.27 |
| Holdings | 236 |
| Inception Date | Feb 25, 2014 |
About AGECX
American Beacon Developing World Income Fund Class C is an actively managed mutual fund focused on generating income, with capital appreciation as a secondary objective. The strategy centers on fixed income from developing and frontier markets, allocating the majority of assets to bonds and related instruments tied to these economies, including sovereign, quasi-sovereign, and corporate issuers, as well as selective currency and derivative exposures for portfolio implementation and risk management. The fund emphasizes diversified credit and country exposure across emerging regions, seeking to harness yield opportunities and structural reforms that influence debt markets in these countries. It distributes income monthly, reflecting its income-oriented mandate. Positioned within the global bond landscape, the fund provides investors access to segments of the international credit market that are less represented in traditional core fixed income, potentially offering differentiated return drivers and a distinct risk profile relative to developed market debt. Class C shares are structured for accessibility in brokerage platforms and carry ongoing distribution and service fees typical of this share class.
Performance
AGECX had a total return of 12.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.99%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
20.06% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Instl US Govt MMkt Slct | n/a | 6.19% |
| Argentina (Republic Of) 5% | ARGENT.4.125 07.09.35 | 2.17% |
| Uruguay (Republic Of) 3.875% | URUGUA.3.875 07.02.40 | 1.74% |
| Kenya (Republic of) 18.4607% | KENIB.18.4607 08.09.32 8.5Y | 1.65% |
| Uzbekistan (The Republic of) 16.25% | UZBEK.16.25 10.12.26 REGs | 1.46% |
| The Independent State of Papua New Guinea 8.375% | PNGIB.8.375 10.04.28 REGS | 1.43% |
| Senegal (Republic of) 5.375% | SENEGL.5.375 06.08.37 REGS | 1.42% |
| Republic Of Ecuador Sr Unsecured Regs 07/35 Var | n/a | 1.38% |
| Zambezi B.V. 14% | ZAMBEZ.14 05.12.27 REGs | 1.36% |
| Angola (Republic of) 9.375% | ANGOL.9.375 05.08.48 REGS | 1.26% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 1, 2025 | $0.0533 | Oct 2, 2025 |
| Sep 2, 2025 | $0.0532 | Sep 3, 2025 |
| Aug 1, 2025 | $0.0606 | Aug 4, 2025 |
| Jul 1, 2025 | $0.0545 | Jul 2, 2025 |
| Jun 2, 2025 | $0.065 | Jun 3, 2025 |
| May 1, 2025 | $0.0537 | May 2, 2025 |