EMD vs. AGEYX
Compare and contrast key facts about Western Asset Emerging Markets Debt Fund Inc (EMD) and American Beacon Developing World Income Fund Class Y (AGEYX).
EMD is managed by Franklin Templeton. It was launched on Jan 1, 2004. AGEYX is a passively managed fund by American Beacon that tracks the performance of the JPMorgan® EMBI Global Diversified Index. It was launched on Feb 25, 2014.
Performance
EMD vs. AGEYX - Performance Comparison
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EMD vs. AGEYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMD Western Asset Emerging Markets Debt Fund Inc | -5.14% | 23.41% | 16.23% | 12.23% | -20.78% | -0.32% | 7.03% | 26.62% | -13.70% | 14.29% |
AGEYX American Beacon Developing World Income Fund Class Y | 1.59% | 19.15% | 15.85% | 13.10% | -12.62% | 6.91% | 2.54% | 13.49% | -3.42% | 15.26% |
Returns By Period
In the year-to-date period, EMD achieves a -5.14% return, which is significantly lower than AGEYX's 1.59% return. Over the past 10 years, EMD has underperformed AGEYX with an annualized return of 5.88%, while AGEYX has yielded a comparatively higher 7.77% annualized return.
EMD
- 1D
- 2.08%
- 1M
- -10.21%
- YTD
- -5.14%
- 6M
- 0.38%
- 1Y
- 10.85%
- 3Y*
- 16.45%
- 5Y*
- 4.01%
- 10Y*
- 5.88%
AGEYX
- 1D
- -0.53%
- 1M
- -3.02%
- YTD
- 1.59%
- 6M
- 7.64%
- 1Y
- 18.64%
- 3Y*
- 16.31%
- 5Y*
- 8.13%
- 10Y*
- 7.77%
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EMD vs. AGEYX - Expense Ratio Comparison
EMD has a 0.02% expense ratio, which is lower than AGEYX's 1.14% expense ratio.
Return for Risk
EMD vs. AGEYX — Risk / Return Rank
EMD
AGEYX
EMD vs. AGEYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Emerging Markets Debt Fund Inc (EMD) and American Beacon Developing World Income Fund Class Y (AGEYX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| EMD | AGEYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.76 | 3.96 | -3.20 |
Sortino ratioReturn per unit of downside risk | 1.04 | 5.44 | -4.39 |
Omega ratioGain probability vs. loss probability | 1.15 | 2.04 | -0.89 |
Calmar ratioReturn relative to maximum drawdown | 0.88 | 4.15 | -3.27 |
Martin ratioReturn relative to average drawdown | 3.35 | 21.19 | -17.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EMD | AGEYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.76 | 3.96 | -3.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 1.60 | -1.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 1.56 | -1.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 1.31 | -0.97 |
Correlation
The correlation between EMD and AGEYX is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
EMD vs. AGEYX - Dividend Comparison
EMD's dividend yield for the trailing twelve months is around 11.51%, more than AGEYX's 9.85% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMD Western Asset Emerging Markets Debt Fund Inc | 11.51% | 10.44% | 10.57% | 9.97% | 11.09% | 8.44% | 8.45% | 8.41% | 9.76% | 7.78% | 9.99% | 9.54% |
AGEYX American Beacon Developing World Income Fund Class Y | 9.85% | 9.99% | 12.16% | 9.64% | 7.50% | 7.90% | 7.34% | 8.61% | 9.88% | 7.30% | 8.43% | 7.03% |
Drawdowns
EMD vs. AGEYX - Drawdown Comparison
The maximum EMD drawdown since its inception was -48.26%, which is greater than AGEYX's maximum drawdown of -22.24%. Use the drawdown chart below to compare losses from any high point for EMD and AGEYX.
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Drawdown Indicators
| EMD | AGEYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.26% | -22.24% | -26.02% |
Max Drawdown (1Y)Largest decline over 1 year | -13.33% | -4.14% | -9.19% |
Max Drawdown (5Y)Largest decline over 5 years | -40.43% | -22.24% | -18.19% |
Max Drawdown (10Y)Largest decline over 10 years | -46.44% | -22.24% | -24.20% |
Current DrawdownCurrent decline from peak | -11.53% | -3.15% | -8.38% |
Average DrawdownAverage peak-to-trough decline | -8.83% | -3.59% | -5.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.51% | 0.86% | +2.65% |
Volatility
EMD vs. AGEYX - Volatility Comparison
Western Asset Emerging Markets Debt Fund Inc (EMD) has a higher volatility of 6.05% compared to American Beacon Developing World Income Fund Class Y (AGEYX) at 1.74%. This indicates that EMD's price experiences larger fluctuations and is considered to be riskier than AGEYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMD | AGEYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.05% | 1.74% | +4.31% |
Volatility (6M)Calculated over the trailing 6-month period | 9.65% | 2.84% | +6.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.38% | 4.65% | +9.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.24% | 5.12% | +11.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.29% | 5.00% | +13.29% |