American Beacon DevelopingWldIncFd-CCl (AGECX)

Fund Assets	1.94B
Expense Ratio	2.046%
Min. Investment	$1,000
Turnover	34.00%
Dividend (ttm)	0.70
Dividend Yield	9.27%
Dividend Growth	-2.27%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 1, 2026

Previous Close	7.53
YTD Return	7.48%
1-Year Return	12.74%
5-Year Return	39.89%
52-Week Low	7.32
52-Week High	7.80
Beta (5Y)	0.28
Holdings	288
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.

• Fund Family: American Beacon
• Category: Emerging Markets Bond
• Performance Rating: High
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: AGECX
• Share Class: C Class
• Index: JP Morgan EMBI Global Diversified TR

Performance

AGECX had a total return of 12.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.75%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FGYMX	Fidelity	Fidelity Advisor New Markets Income C	1.79%
FGWMX	Fidelity	Fidelity Advisor New Markets Income M	1.07%
FGBMX	Fidelity	Fidelity Advisor New Markets Income Z	0.69%
FGZMX	Fidelity	Fidelity Advisor New Markets Income I	0.78%
FNMIX	Fidelity	Fidelity New Markets Income Fund	0.75%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
AGEIX	R5 Class	1.07%
AGEYX	Y Class	1.10%
AGEPX	Investor Class	1.33%
AGUAX	A Class	1.36%

Top 10 Holdings

15.28% of assets

Name	Symbol	Weight
State Street Instl US Govt MMkt Slct	n/a	3.43%
Ivory Coast (Republic Of) 6.875%	IVYCST.6.875 10.17.40 REGS	1.59%
Argentina (Republic Of) 5%	ARGENT.4.125 07.09.35	1.46%
Ghana (Republic of) 8.95%	GHGB.8.95 02.11.31 G8Y	1.42%
Angola (Republic of) 9.125%	ANGOL.9.125 11.26.49 REGS	1.39%
JPMorgan Chase Bank, National Association 23.269%	JPM.23.269 08.21.29 emTn	1.28%
Uruguay (Republic Of) 3.875%	URUGUA.3.875 07.02.40	1.27%
Uzbekistan (The Republic of) 16.25%	UZBEK.16.25 10.12.26 REGs	1.20%
Republic Of Ecuador Sr Unsecured Regs 07/40 Var	n/a	1.14%
Bono Tesoro Capitalizab Bonds 04/27 2.55	n/a	1.09%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 1, 2026	$0.060	Oct 2, 2026
Sep 1, 2026	$0.0525	Sep 2, 2026
Aug 3, 2026	$0.0606	Aug 4, 2026
Jul 1, 2026	$0.0619	Jul 2, 2026
Jun 1, 2026	$0.0613	Jun 2, 2026
May 1, 2026	$0.0488	May 4, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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