AGECX

About AGECX

American Beacon Developing World Income Fund Class C is an actively managed mutual fund focused on generating income, with capital appreciation as a secondary objective. The strategy centers on fixed income from developing and frontier markets, allocating the majority of assets to bonds and related instruments tied to these economies, including sovereign, quasi-sovereign, and corporate issuers, as well as selective currency and derivative exposures for portfolio implementation and risk management. The fund emphasizes diversified credit and country exposure across emerging regions, seeking to harness yield opportunities and structural reforms that influence debt markets in these countries. It distributes income monthly, reflecting its income-oriented mandate. Positioned within the global bond landscape, the fund provides investors access to segments of the international credit market that are less represented in traditional core fixed income, potentially offering differentiated return drivers and a distinct risk profile relative to developed market debt. Class C shares are structured for accessibility in brokerage platforms and carry ongoing distribution and service fees typical of this share class.