American Beacon DevelopingWldIncFd-ACl (AGUAX)
| Fund Assets | 1.10B |
| Expense Ratio | 1.41% |
| Min. Investment | $2,500 |
| Turnover | 42.00% |
| Dividend (ttm) | 0.77 |
| Dividend Yield | 10.09% |
| Dividend Growth | 0.51% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 2, 2025 |
| Previous Close | 7.31 |
| YTD Return | 8.14% |
| 1-Year Return | 13.69% |
| 5-Year Return | 35.52% |
| 52-Week Low | 6.72 |
| 52-Week High | 7.33 |
| Beta (5Y) | n/a |
| Holdings | 217 |
| Inception Date | Feb 25, 2014 |
About AGUAX
The American Beacon Developing World Income Fund - A Class is a mutual fund dedicated to generating income, with capital appreciation as a secondary objective. It primarily invests in fixed-income securities tied to developing and frontier market countries—regions characterized by smaller, less mature economies and financial markets compared to established markets. The fund's holdings mainly include sovereign and quasi-sovereign debt instruments issued or guaranteed by foreign governments and their agencies, with a substantial portion of assets invested in countries outside the MSCI-classified "developed markets". This focus on emerging and frontier debt distinguishes the fund, exposing it to unique risks such as currency fluctuations, political instability, and heightened market volatility, but also to higher yield opportunities—in recent periods, the 12-month yield significantly outpaced the peer average. The fund is co-managed by specialized fixed-income managers who blend top-down macroeconomic analysis with bottom-up security selection. Playing a key role in broadening investor access to high-yielding, globally diversified debt markets, the fund offers an alternative to traditional global bond investments and contributes to portfolio diversification by targeting less correlated regions and asset classes.
Performance
AGUAX had a total return of 13.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.46%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
19.78% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Instl US Govt MMkt Slct | n/a | 3.31% |
| Argentina (Republic Of) 5% | ARGENT.4.125 07.09.35 | 2.91% |
| Uruguay (Republic Of) 3.875% | URUGUA.3.875 07.02.40 | 2.22% |
| Kenya (Republic of) 18.4607% | KENIB.18.4607 08.09.32 8.5Y | 2.08% |
| Republic Of Ecuador Sr Unsecured Regs 07/35 Var | n/a | 1.74% |
| Zambezi B.V. 14% | ZAMBEZ.14 05.12.27 REGs | 1.72% |
| The Independent State of Papua New Guinea 8.375% | PNGIB.8.375 10.04.28 REGS | 1.58% |
| Kyrgyzstan (Republic of) 7.75% | KYRGYZ.7.75 06.03.30 144A | 1.50% |
| Senegal (Republic of) 5.375% | SENEGL.5.375 06.08.37 REGS | 1.47% |
| Armenia (Republic of) 9.25% | ARMGB.9.25 04.29.28 5Y | 1.24% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 2, 2025 | $0.0577 | Sep 3, 2025 |
| Aug 1, 2025 | $0.0649 | Aug 4, 2025 |
| Jul 1, 2025 | $0.0587 | Jul 2, 2025 |
| Jun 2, 2025 | $0.0694 | Jun 3, 2025 |
| May 1, 2025 | $0.0579 | May 2, 2025 |
| Apr 1, 2025 | $0.0512 | Apr 2, 2025 |