American Beacon Developing World Income Fund-A Class (AGUAX)

Fund Assets	1.94B
Expense Ratio	1.401%
Min. Investment	$2,500
Turnover	34.00%
Dividend (ttm)	0.76
Dividend Yield	9.96%
Dividend Growth	-1.37%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 1, 2026

Previous Close	7.60
YTD Return	8.17%
1-Year Return	13.64%
5-Year Return	45.15%
52-Week Low	7.37
52-Week High	7.86
Beta (5Y)	0.37
Holdings	288
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.

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

Performance

AGUAX had a total return of 13.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.48%.

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	0.67%
FGZMX	Fidelity	Fidelity Advisor New Markets Income I	0.78%
FNMIX	Fidelity	Fidelity New Markets Income Fund	0.73%

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%
AGECX	C Class	2.09%

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	$0.0646	Oct 2, 2026
Sep 1, 2026	$0.057	Sep 2, 2026
Aug 3, 2026	$0.0661	Aug 4, 2026
Jul 1, 2026	$0.0668	Jul 2, 2026
Jun 1, 2026	$0.0661	Jun 2, 2026
May 1, 2026	$0.0536	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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