AGEIX Fees and Costs — American Beacon Developing World Income Fund, R5 Class
Data updated: 2026-09-24
The net expense ratio is 1.07%. There are no sales loads or redemption fees. Portfolio turnover was 34%.
AGEIX Fees and Expenses
Annual operating expenses and sales charges of AGEIX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 1.07% |
| Fee waiver | — |
| Net expense ratio | 1.07% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
AGEIX Costs Over Time
On $10,000 invested in AGEIX, assuming 5% a year before costs, total costs come to $668 over 5 years, cutting the return by 1.12% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.07%) | $112 | $350 | $607 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $112 | $368 | $668 |
| Value after costs | $10,388 | $11,209 | $12,094 |
| Impact on return, per year | 1.12% | 1.12% | 1.12% |
AGEIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $4.3B
- Portfolio turnover (prospectus): 34%
- Securities lending: none during the year
AGEIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $2.9B | 72.01% |
| Citigroup Global Markets Inc. | $324.4M | 7.93% |
| J.P. Morgan Securities LLC | $179.1M | 4.38% |
| Barclays Capital Inc. | $140.4M | 3.43% |
| Morgan Stanley & Co. LLC | $104.0M | 2.54% |
| HSBC Securities (USA) Inc. | $103.0M | 2.52% |
| Industrial and Commercial Bank of China Financial Services LLC | $97.2M | 2.38% |
| Standard Chartered Securities (North America) LLC | $77.2M | 1.89% |
| Jefferies LLC | $65.2M | 1.59% |
| Goldman Sachs & Co. LLC | $54.2M | 1.32% |
American Beacon Developing World Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AGEIX | R5 Class | 1.07% | none |
| AGEYX | Y Class | 1.10% | none |
| AGEPX | Investor Class | 1.33% | none |
| AGUAX | A Class | 1.36% | 4.75% |
| AGECX | C Class | 2.09% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.