American Beacon Frontier Markets Income Fund (AGEPX)
Under normal circumstances, the fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in investments that are economically tied to frontier market countries. Investments economically tied to frontier market countries may include securities, currencies, and derivative investments.
Fund Info
| ISIN | US0245256930 |
|---|---|
| CUSIP | 024525693 |
| Issuer | American Beacon |
| Inception Date | Feb 24, 2014 |
| Category | Emerging Markets Bonds |
| Min. Investment | $2,500 |
| Asset Class | Bond |
Expense Ratio
AGEPX has a high expense ratio of 1.38%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: AGEPX vs. RCTIX, AGEPX vs. EELDX, AGEPX vs. PIPAX, AGEPX vs. FFRHX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in American Beacon Frontier Markets Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
American Beacon Frontier Markets Income Fund had a return of 13.96% year-to-date (YTD) and 19.74% in the last 12 months. Over the past 10 years, American Beacon Frontier Markets Income Fund had an annualized return of 4.96%, while the S&P 500 had an annualized return of 11.31%, indicating that American Beacon Frontier Markets Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.96% | 24.72% |
| 1 month | 0.80% | 2.30% |
| 6 months | 5.51% | 12.31% |
| 1 year | 19.74% | 32.12% |
| 5 years (annualized) | 4.92% | 13.81% |
| 10 years (annualized) | 4.96% | 11.31% |
Monthly Returns
The table below presents the monthly returns of AGEPX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.88% | 2.52% | 3.60% | -0.08% | 0.60% | 0.07% | 0.80% | 1.52% | 1.56% | 1.21% | 13.96% | ||
| 2023 | 3.29% | -0.92% | -1.54% | 0.62% | 1.29% | 3.65% | 2.80% | -2.20% | -0.58% | -0.03% | 3.24% | 2.75% | 12.83% |
| 2022 | -0.85% | -3.17% | -3.48% | -0.58% | -1.21% | -6.21% | -1.62% | 1.54% | -4.37% | 0.62% | 6.82% | 0.99% | -11.49% |
| 2021 | 0.24% | 0.46% | -0.53% | 3.11% | 1.24% | 0.41% | 0.63% | 2.95% | -0.80% | -0.65% | -2.62% | 2.17% | 6.66% |
| 2020 | 0.92% | -0.54% | -14.75% | 0.78% | 6.29% | 3.80% | 2.37% | 1.36% | -2.17% | -0.05% | 3.57% | 2.28% | 2.26% |
| 2019 | 3.09% | 1.08% | 0.48% | 0.58% | -0.07% | 2.74% | 1.56% | -1.75% | 0.93% | 0.68% | 0.23% | 2.96% | 13.13% |
| 2018 | 1.33% | -0.17% | 0.57% | -0.14% | -2.04% | -1.29% | 1.52% | -2.92% | -0.74% | 0.07% | -0.45% | 0.82% | -3.48% |
| 2017 | 0.81% | 3.11% | 1.05% | 2.16% | 1.10% | 0.58% | 0.75% | 0.83% | 1.24% | 0.56% | 0.91% | 0.87% | 14.87% |
| 2016 | -3.46% | 0.75% | 4.28% | 2.41% | 0.03% | 0.80% | 1.80% | 2.56% | 1.57% | 0.19% | -1.53% | 0.79% | 10.43% |
| 2015 | -0.16% | 1.10% | -0.71% | 1.93% | 0.41% | -1.11% | -0.84% | -2.06% | -2.35% | 2.31% | 0.76% | -3.43% | -4.23% |
| 2014 | -0.50% | 1.21% | 1.09% | 1.18% | 0.19% | 0.41% | 0.34% | -0.65% | 0.20% | -0.94% | -1.85% | 0.63% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of AGEPX is 94, placing it in the top 6% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Beacon Frontier Markets Income Fund (AGEPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
American Beacon Frontier Markets Income Fund provided a 11.47% dividend yield over the last twelve months, with an annual payout of $0.81 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.81 | $0.65 | $0.59 | $0.63 | $0.59 | $0.73 | $0.81 | $0.68 | $0.70 | $0.65 | $0.29 |
Dividend yield | 11.47% | 9.40% | 8.76% | 7.66% | 7.08% | 8.40% | 9.57% | 7.08% | 7.84% | 7.43% | 2.96% |
Monthly Dividends
The table displays the monthly dividend distributions for American Beacon Frontier Markets Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.06 | $0.05 | $0.05 | $0.06 | $0.12 | $0.07 | $0.07 | $0.08 | $0.07 | $0.08 | $0.70 | |
| 2023 | $0.00 | $0.06 | $0.05 | $0.05 | $0.06 | $0.06 | $0.05 | $0.06 | $0.05 | $0.05 | $0.05 | $0.12 | $0.65 |
| 2022 | $0.00 | $0.05 | $0.05 | $0.06 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.10 | $0.59 |
| 2021 | $0.00 | $0.05 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.05 | $0.11 | $0.63 |
| 2020 | $0.00 | $0.06 | $0.07 | $0.03 | $0.06 | $0.05 | $0.06 | $0.06 | $0.03 | $0.05 | $0.05 | $0.08 | $0.59 |
| 2019 | $0.00 | $0.06 | $0.06 | $0.07 | $0.06 | $0.05 | $0.06 | $0.07 | $0.06 | $0.06 | $0.08 | $0.10 | $0.73 |
| 2018 | $0.06 | $0.05 | $0.06 | $0.07 | $0.07 | $0.05 | $0.06 | $0.06 | $0.07 | $0.06 | $0.08 | $0.13 | $0.81 |
| 2017 | $0.04 | $0.05 | $0.05 | $0.07 | $0.06 | $0.05 | $0.04 | $0.05 | $0.06 | $0.08 | $0.08 | $0.05 | $0.68 |
| 2016 | $0.06 | $0.02 | $0.05 | $0.00 | $0.09 | $0.05 | $0.04 | $0.11 | $0.07 | $0.08 | $0.08 | $0.05 | $0.70 |
| 2015 | $0.08 | $0.06 | $0.07 | $0.06 | $0.05 | $0.04 | $0.06 | $0.07 | $0.05 | $0.07 | $0.05 | $0.00 | $0.65 |
| 2014 | $0.06 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.29 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the American Beacon Frontier Markets Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the American Beacon Frontier Markets Income Fund was 21.26%, occurring on Oct 21, 2022. Recovery took 333 trading sessions.
The current American Beacon Frontier Markets Income Fund drawdown is 0.28%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.26% | Sep 20, 2021 | 276 | Oct 21, 2022 | 333 | Feb 21, 2024 | 609 |
| -17.08% | Feb 21, 2020 | 23 | Mar 24, 2020 | 196 | Dec 31, 2020 | 219 |
| -12.91% | Sep 4, 2014 | 361 | Feb 9, 2016 | 127 | Aug 10, 2016 | 488 |
| -7.12% | Apr 20, 2018 | 153 | Nov 26, 2018 | 133 | Jun 10, 2019 | 286 |
| -3.14% | Oct 25, 2016 | 15 | Nov 14, 2016 | 60 | Feb 10, 2017 | 75 |
Volatility
Volatility Chart
The current American Beacon Frontier Markets Income Fund volatility is 0.85%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.