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Morningstar

American Beacon DevelopingWldIncFd-ACl AGUAX

Morningstar Medalist Rating
Medalist Rating as of | See American Beacon Investment Hub
  • NAV / 1-Day Return 7.15  /  0.00
  • Total Assets 572.0 Mil
  • Adj. Expense Ratio
    1.420%
  • Expense Ratio 1.420%
  • 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 9.14%
  • Effective Duration —

USD | NAV as of May 09, 2024 | 1-Day Return as of May 09, 2024, 10:11 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.

A sound investment process and strong management team underpin American Beacon DevelopingWldIncFd-ACl's Morningstar Medalist Rating of Bronze.

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 21.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

State Street Instl US Govt MMkt Slct

5.62 17.8 Mil
Cash and Equivalents

Uruguay (Republic of) 3.875%

3.74 11.8 Mil
Government

Zambezi B.V. 14%

2.69 8.5 Mil
Corporate

Argentina (Republic of) 5%

2.52 7.9 Mil
Government

Kenya (Republic of) 18.4607%

2.33 7.4 Mil
Government

Ivory Coast (Republic Of) 4.875%

2.08 6.6 Mil
Government

Sri Lanka (Democratic Socialist Republic of) 11%

2.01 6.4 Mil
Government

Eur

1.86 5.9 Mil
Cash and Equivalents

Tajikistan (Republic of) 7.125%

1.83 5.8 Mil
Government

Uzbekistan (The Republic of) 16.25%

1.55 4.9 Mil
Government