AGEPX

About AGEPX

The American Beacon Developing World Income Fund Investor Class is a mutual fund designed primarily to provide investors with income, with capital appreciation as a secondary objective. This fund predominantly invests in debt securities and related instruments from developing and frontier market countries, targeting economies that are less mature and often at earlier stages of financial and political development compared to traditional emerging markets. By focusing on bonds and other income-generating assets tied to these regions, the fund seeks to capture income opportunities arising from higher yields associated with elevated credit and market risks. Notable features of this fund include its broad diversification across various sovereign and corporate issuers in frontier and developing markets, as well as its use of multiple sub-advisors to harness specialized expertise in global fixed income. The fund typically maintains a high allocation to government bonds but also incorporates corporate debt, cash equivalents, and select derivative instruments. With a strategy emphasizing exposure to dynamic, less-correlated markets, the fund plays a significant role for investors seeking diversification and potential income from outside the developed world’s traditional bond markets. Its distinct focus on frontier and developing economies highlights its niche within the broader emerging markets bond category.