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
Performance Rating High
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol AGEIX
Share Class R5 Class
Index JP Morgan EMBI Global Diversified TR
AGEIX had a total return of 18.04% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.01%.
