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15 important things you should know about American Century Investments AGBAX mutual fund

Updated: September 18, 2020
N/A
Bull Case
  • No Bull case arguments for now!
Bear Case
  • Low net assets
  • 3-year return below the benchmark
  • 5-year return below the benchmark
  • High expense ratio
  • Sales load and/or distribution fees

Before we start: if you’re looking for AGBAX “stock” price, you can quickly find it out by visiting Finny and typing "AGBAX quote". If you’re looking for a quick scoop on AGBAX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "AGBAX". You’ll get all this info in one place.

Are you looking to buy or sell AGBAX? Or perhaps you’re looking for AGBAX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this AGBAX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: AGBAX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: AGBAX buy or sell; the pros and cons of investing in AGBAX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to AGBAX.

And here is the list of questions we’ll answer:

  1. Describe American Century International Bond Funds: Global Bond Fund; Class A Shares (AGBAX).
  2. What are AGBAX holdings?
  3. What is AGBAX performance? What are AGBAX historical returns?
  4. How many up and down years did AGBAX have historically?
  5. What is AGBAX dividend yield?
  6. What is AGBAX minimum initial investment amount?
  7. What is AGBAX expense ratio?
  8. Does AGBAX have any sales loads or 12b-1 distribution expenses?
  9. What is AGBAX tax efficiency (tax-cost ratio)?
  10. What is AGBAX beta? How would you assess AGBAX risk?
  11. What is AGBAX Sharpe ratio?
  12. What is AGBAX Finny Score? AGBAX buy or sell?
  13. What are the pros of investing in AGBAX? What are AGBAX buy reasons?
  14. What are the cons of investing in AGBAX? What are AGBAX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe American Century International Bond Funds: Global Bond Fund; Class A Shares (AGBAX).

The Fund seeks long-term total return. The Fund invests at least 80% of its net assets in bonds. The Fund generally hedges most of its foreign currency exposure to the US dollar. The Fund may invest up to 35% of its assets in high-yield and/or emerging market debt securities.

2. What are AGBAX top holdings?

AGBAX has 0 stock holdings and 626 bond holdings.

The top 10 holdings represent 30.79% of total assets. Here are the top holdings:

Name Symbol % Assets
10yr Mini Jgb Fut Jun20 Xsim 20200612 N/A 6.15%
2 Year Treasury Note Future June 20 ZTM0 6.05%
10 Year Treasury Note Future June 20 ZNM0 4.07%
US Treasury Bond Future June 20 ZBM0 2.67%
Germany (Federal Republic Of) 0.1% N/A 2.32%
Bp9u3ae75 Cds Usd R V 00mevent Bp9u3ae75 Ice Ccp N/A 2.10%
Bp9u3ae75 Cds Usd P F 1.00000 Markit Cdx.Na.Ig.34 06/25 Ice N/A 2.09%
Sp0a1cil1 Cds Usd R V 03mevent Sp0a1cil1_pro Sovereign N/A 1.80%
China Development Bank 3.5% N/A 1.78%
China (People's Republic Of) 3.25% N/A 1.76%

3. What is AGBAX performance? What are AGBAX historical returns?

AGBAX has generated the following returns:

  • 1-month return is -0.48%;
  • 3-month return is 2.02%;
  • 1-year return is 0.52%;
  • 3-year return is 3.29%;
  • 5-year return is 3.32%.

4. How many up and down years did AGBAX have historically?

In the last 10 years, AGBAX had 7 up years and 3 down years. See Performances

5. What is AGBAX dividend yield?

AGBAX yield is 1.47%.

6. What is AGBAX minimum initial investment amount?

AGBAX minimum initial investment amount is N/A.

7. What is AGBAX expense ratio?

AGBAX expense ratio is 1.09%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses. See Expenses

8. Does AGBAX have any sales loads or 12b-1 distribution expenses?

AGBAX 12b-1 distribution fee is 0.25. AGBAX front-end sales load is 4.5. AGBAX back-end sales load is 0.

9. What is AGBAX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 0.8%;
  • 3-year ax cost ratio is 1.25%.

See Taxes

10. What is AGBAX beta? How would you assess AGBAX risk?

  • 3-year beta is 0.88;
  • 5-year beta is 0.86.

See Risks

11. What is AGBAX Sharpe ratio?

  • 3-year Sharpe ratio is 0.37;
  • 5-year Sharpe ratio is 0.57.

See Risks

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 0. Our quantitative analysis shows 0 reasons to buy and 5 reasons to sell it, resulting in the Finny Score of 0.

13. What are the pros of investing in AGBAX? What are AGBAX buy reasons?

We don't see any strong reasons to buy AGBAX.

14. What are the cons of investing in AGBAX? What are AGBAX negatives?

The following are AGBAX weaknesses from our perspective:

  • <strong>AGBAX net assets</strong> are $1.80 million. This fund is not a popular choice with retail investors.
  • <strong>AGBAX 3-year return</strong> is 3.29%, which is lower than the 3-year return of the benchmark index (Bloomberg Barclays Global Aggregate TR HdgUSD), 4.77%.
  • <strong>AGBAX 5-year return</strong> is 3.32%, which is lower than the 5-year return of the benchmark index (Bloomberg Barclays Global Aggregate TR HdgUSD), 4.32%.
  • <strong>AGBAX expense ratio</strong> is 1.09%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 4.5%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
In the AGBAX review, we covered AGBAX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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