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15 important things you should know about American Beacon AGEPX mutual fund

Updated: Last Tuesday
25
Bull Case
  • No sales load or distribution fees
Bear Case
  • Low net assets
  • 3-year return below the benchmark
  • High expense ratio

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

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

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

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

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

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

Fact Sheet

1. Describe American Beacon Funds: American Beacon Global Evolution Frontier Markets Income Fund; Investor Class Shares (AGEPX).

The Fund seeks income and secondarily, capital appreciation. The Fund invests at least 80% of its asset in investments that are economically tied to frontier market countries and may include securities, currencies, and derivative instruments. It may also make investments to a more developed emerging market countries.

2. What are AGEPX top holdings?

AGEPX has 0 stock holdings and 129 bond holdings.

The top 10 holdings represent 25.00% of total assets. Here are the top holdings:

Name Symbol % Assets
Ivory Coast Republic 5.75% N/A 3.14%
Uruguay (Republic of) 3.88% N/A 2.97%
State Street Instl US Govt MMkt Slct GVSXX 2.93%
European Bank For Reconstruction & Development 10% N/A 2.89%
Kenya (Republic of) 12.5% N/A 2.66%
Mongolia (Government of) 8.75% N/A 2.25%
Islamic Republic of Pakistan 1% N/A 2.24%
Angola (Republic of) 9.5% N/A 2.05%
Egypt (Arab Republic of) 0.01% N/A 1.95%
Republic of Costa Rica 9.66% N/A 1.92%

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

AGEPX has generated the following returns:

  • 1-month return is -0.30%;
  • 3-month return is -0.53%;
  • 1-year return is -0.15%;
  • 3-year return is 2.46%;
  • 5-year return is 5.59%.

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

In the last 10 years, AGEPX had 8 up years and 2 down years.

AGEPX up and down years

5. What is AGEPX dividend yield?

AGEPX yield is 8.15%.

6. What is AGEPX minimum initial investment amount?

AGEPX minimum initial investment amount is $3.00K.

7. What is AGEPX expense ratio?

AGEPX expense ratio is 1.48%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

AGEPX expenses

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

AGEPX 12b-1 distribution fee is 0. AGEPX front-end sales load is 0. AGEPX back-end sales load is 0.

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

  • 1-year ax cost ratio is 3.16%;
  • 3-year ax cost ratio is 3.32%.
AGEPX tax costs

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

  • 3-year beta is 0.40;
  • 5-year beta is 0.39.
AGEPX Beta

11. What is AGEPX Sharpe ratio?

  • 3-year Sharpe ratio is 0.25;
  • 5-year Sharpe ratio is 0.55.
AGEPX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 25. Our quantitative analysis shows 1 reason to buy and 3 reasons to sell it, resulting in the Finny Score of 25.

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

The following are AGEPX strengths from our perspective:

  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

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

The following are AGEPX weaknesses from our perspective:

  • <strong>AGEPX net assets</strong> are $45.50 million. This fund is not a popular choice with retail investors.
  • <strong>AGEPX 3-year return</strong> is 2.46%, which is lower than the 3-year return of the benchmark index (JPM EMBI Global Diversified TR USD), 3.71%.
  • <strong>AGEPX expense ratio</strong> is 1.48%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the AGEPX review, we covered AGEPX 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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