About AGEIX
American Beacon Developing World Income Fund R5 is a mutual fund focused on generating income, with capital appreciation as a secondary goal. The strategy concentrates on fixed-income securities from developing economies, including both traditional emerging markets and higher-risk frontier markets, offering exposure to sovereign, quasi-sovereign, and corporate debt across regions such as Latin America, Eastern Europe, Africa, the Middle East, and Asia. The fund is sub-advised by specialized managers with longstanding expertise in developing-market debt, employing diversified credit selection and active risk management that may include currency and derivative instruments. Positioned within the Emerging Markets Bond category, it typically allocates more than 65% of assets to bonds tied to developing countries and pays income distributions on a regular schedule. Its portfolio construction balances income potential with considerations of interest-rate, credit, currency, and geopolitical risks inherent to less mature markets, including high-yield issuers and restricted securities. By targeting a broad set of issuers and geographies, American Beacon Developing World Income Fund R5 serves investors seeking a dedicated vehicle for developing-world bond exposure within a diversified fixed-income allocation.
Fund Family American Beacon
Category Emerging Markets Bond
Stock Exchange NASDAQ
Ticker Symbol AGEIX
Share Class R5 Class
Index JP Morgan EMBI Global Diversified TR
AGEIX had a total return of 17.75% in the past year, including dividends. Since the fund's
inception, the average annual return has been 16.06%.
