PELBX vs. AGEYX
Compare and contrast key facts about PIMCO Emerging Markets Local Currency and Bond Fund (PELBX) and American Beacon Developing World Income Fund Class Y (AGEYX).
PELBX is managed by PIMCO. It was launched on Dec 28, 2006. 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
PELBX vs. AGEYX - Performance Comparison
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PELBX vs. AGEYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PELBX PIMCO Emerging Markets Local Currency and Bond Fund | -3.25% | 22.96% | -0.75% | 15.11% | -7.36% | -8.13% | 2.16% | 17.23% | -7.49% | 15.44% |
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, PELBX achieves a -3.25% return, which is significantly lower than AGEYX's 1.59% return. Over the past 10 years, PELBX has underperformed AGEYX with an annualized return of 4.03%, while AGEYX has yielded a comparatively higher 7.77% annualized return.
PELBX
- 1D
- 0.66%
- 1M
- -5.56%
- YTD
- -3.25%
- 6M
- 0.83%
- 1Y
- 13.36%
- 3Y*
- 8.77%
- 5Y*
- 4.46%
- 10Y*
- 4.03%
AGEYX
- 1D
- 0.00%
- 1M
- -2.57%
- YTD
- 1.59%
- 6M
- 7.65%
- 1Y
- 18.77%
- 3Y*
- 16.31%
- 5Y*
- 8.06%
- 10Y*
- 7.77%
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PELBX vs. AGEYX - Expense Ratio Comparison
PELBX has a 1.22% expense ratio, which is higher than AGEYX's 1.14% expense ratio.
Return for Risk
PELBX vs. AGEYX — Risk / Return Rank
PELBX
AGEYX
PELBX vs. AGEYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Emerging Markets Local Currency and Bond Fund (PELBX) 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.
| PELBX | AGEYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.05 | 4.04 | -1.99 |
Sortino ratioReturn per unit of downside risk | 2.81 | 5.55 | -2.74 |
Omega ratioGain probability vs. loss probability | 1.41 | 2.07 | -0.67 |
Calmar ratioReturn relative to maximum drawdown | 1.92 | 4.43 | -2.51 |
Martin ratioReturn relative to average drawdown | 8.62 | 21.89 | -13.27 |
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
| PELBX | AGEYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.05 | 4.04 | -1.99 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 1.58 | -1.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 1.56 | -1.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 1.31 | -0.95 |
Correlation
The correlation between PELBX and AGEYX is 0.39, 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
PELBX vs. AGEYX - Dividend Comparison
PELBX's dividend yield for the trailing twelve months is around 6.57%, less than AGEYX's 9.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PELBX PIMCO Emerging Markets Local Currency and Bond Fund | 6.57% | 6.71% | 7.08% | 4.81% | 3.24% | 4.87% | 4.87% | 6.14% | 6.88% | 5.84% | 5.69% | 5.51% |
AGEYX American Beacon Developing World Income Fund Class Y | 9.15% | 9.99% | 12.16% | 9.64% | 7.50% | 7.90% | 7.34% | 8.61% | 9.88% | 7.30% | 8.43% | 7.03% |
Drawdowns
PELBX vs. AGEYX - Drawdown Comparison
The maximum PELBX drawdown since its inception was -36.17%, which is greater than AGEYX's maximum drawdown of -22.24%. Use the drawdown chart below to compare losses from any high point for PELBX and AGEYX.
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Drawdown Indicators
| PELBX | AGEYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.17% | -22.24% | -13.93% |
Max Drawdown (1Y)Largest decline over 1 year | -7.33% | -4.14% | -3.19% |
Max Drawdown (5Y)Largest decline over 5 years | -23.01% | -22.24% | -0.77% |
Max Drawdown (10Y)Largest decline over 10 years | -24.89% | -22.24% | -2.65% |
Current DrawdownCurrent decline from peak | -6.72% | -3.15% | -3.57% |
Average DrawdownAverage peak-to-trough decline | -11.30% | -3.59% | -7.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 0.84% | +0.79% |
Volatility
PELBX vs. AGEYX - Volatility Comparison
PIMCO Emerging Markets Local Currency and Bond Fund (PELBX) has a higher volatility of 3.46% compared to American Beacon Developing World Income Fund Class Y (AGEYX) at 1.71%. This indicates that PELBX'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
| PELBX | AGEYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.46% | 1.71% | +1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 4.89% | 2.84% | +2.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.62% | 4.64% | +1.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.91% | 5.12% | +2.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.94% | 5.00% | +3.94% |