Morningstar

American Beacon DevelopingWldIncFd-ACl AGUAX

Morningstar Medalist Rating
Medalist Rating as of | See American Beacon Investment Hub
  • NAV / 1-Day Return 7.09  /  +0.14 %
  • Total Assets 603.2 Mil
  • Adj. Expense Ratio
    1.450%
  • Expense Ratio 1.450%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Emerging Markets Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 10.50%
  • Effective Duration 3.60 years

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:13 PM GMT+0

Morningstar’s Analysis AGUAX

Will AGUAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AGUAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AGUAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AGUAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

American Beacon DevelopingWldIncFd-ACl boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings AGUAX

More AGUAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

State Street Instl US Govt MMkt Slct

4.22 14.3 Mil
Cash and Equivalents

Uruguay (Republic Of) 3.875%

3.21 10.9 Mil
Government

Argentina (Republic Of) 5%

2.82 9.6 Mil
Government

Zambezi B.V. 14%

2.45 8.3 Mil
Corporate

Kenya (Republic of) 18.4607%

2.14 7.3 Mil
Government

Ivory Coast (Republic Of) 4.875%

1.91 6.5 Mil
Government

Sri Lanka (Democratic Socialist Republic of) 11%

1.87 6.3 Mil
Government

Ecuador (Republic Of) 6.9%

1.82 6.2 Mil
Government

Armenia (Republic of) 9.25%

1.68 5.7 Mil
Government

The Independent State of Papua New Guinea 8.375%

1.63 5.5 Mil
Government

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