AGUAX Performance — American Beacon Developing World Income Fund, A Class
Data updated: 2026-09-24
AGUAX returned +8.07% year to date and +17.32% over one year to Jul 2026. Annualised returns are +15.25% over 3 years and +8.39% over 5 years. The fund beat its International Short-Term Core Bond category average: $100 invested three years ago grew to $153, against $119 for the category, and to $117 over one year, against $105. Volatility over the past three years was 5.22% a year. In the 12 months to Jul 2026 the fund took in a net $832.2M, and assets reached $1.86B.
AGUAX Growth of $100
What $100 invested in American Beacon Developing World Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Short-Term Core Bond category average over the same months.
| Period | AGUAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $117 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $153 | $119 |
| 5 years (Aug 2021 – Jul 2026) | $150 | $112 |
| Since data start (Aug 2019 – Jul 2026) | $166 | $119 |
AGUAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +8.07% |
| 1 year | +17.32% |
| 3 years (annualised) | +15.25% |
| 5 years (annualised) | +8.39% |
AGUAX Annual Returns
Calendar-year total returns of American Beacon Developing World Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +8.07% |
| 2025 | +18.73% |
| 2024 | +15.56% |
| 2023 | +12.78% |
| 2022 | −11.49% |
| 2021 | +6.75% |
| 2020 | +2.06% |
| 2019 (Aug–Dec) | +2.95% |
AGUAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.8% | +1.9% | −2.9% | +3.5% | +0.9% | +1.2% | +0.5% | — | — | — | — | — |
| 2025 | +2.1% | +0.6% | −0.9% | −0.4% | +3.0% | +2.8% | +1.8% | +0.9% | +1.6% | +3.1% | +0.7% | +2.0% |
| 2024 | +0.7% | +2.7% | +3.6% | −0.1% | +0.6% | +0.1% | +0.7% | +1.7% | +1.5% | +1.2% | +1.2% | +0.7% |
| 2023 | +3.3% | −0.9% | −1.5% | +0.5% | +1.4% | +3.6% | +2.6% | −2.2% | −0.6% | +0.1% | +3.2% | +2.7% |
| 2022 | −1.0% | −3.2% | −3.5% | −0.4% | −1.3% | −6.1% | −1.6% | +1.5% | −4.4% | +0.6% | +6.8% | +1.0% |
| 2021 | +0.2% | +0.4% | −0.4% | +3.0% | +1.2% | +0.4% | +0.6% | +2.9% | −0.7% | −0.7% | −2.6% | +2.2% |
| 2020 | +0.9% | −0.6% | −14.8% | +0.8% | +6.3% | +3.7% | +2.6% | +1.3% | −2.2% | −0.1% | +3.5% | +2.3% |
| 2019 | — | — | — | — | — | — | — | −1.9% | +0.9% | +0.8% | +0.1% | +3.1% |
AGUAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 5.22%
- 3-year Sharpe ratio: 2.06 (vs 4.5% risk-free rate)
- Best month: +3.59% (Mar 2024)
- Worst month: −2.91% (Mar 2026)
AGUAX Fund Flows
Monthly money in and out of American Beacon Developing World Income Fund, from SEC Form N-PORT.
- 12-month net flow: $832.2M
- 12-month gross sales (incl. reinvestments): $1.7B
- Sales ÷ redemptions: 2.02×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $119.2M | $60.2M | $59.1M |
| Jun 2026 | $131.4M | $39.4M | $92.1M |
| May 2026 | $116.8M | $98.7M | $18.1M |
| Apr 2026 | $178.0M | $59.7M | $118.3M |
| Mar 2026 | $81.7M | $244.7M | −$163.0M |
| Feb 2026 | $119.5M | $74.9M | $44.6M |
| Jan 2026 | $132.6M | $43.9M | $88.7M |
| Dec 2025 | $165.3M | $32.6M | $132.7M |
| Nov 2025 | $147.5M | $34.5M | $113.0M |
| Oct 2025 | $116.0M | $48.5M | $67.5M |
| Sep 2025 | $144.6M | $40.0M | $104.6M |
| Aug 2025 | $199.0M | $42.3M | $156.7M |
AGUAX Assets Under Management
Net assets of American Beacon Developing World Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.86B |
| 2026-04-30 | $1.69B |
| 2026-01-31 | $1.69B |
| 2025-10-31 | $1.31B |
| 2025-07-31 | $939.64M |
| 2025-04-30 | $759.51M |
| 2025-01-31 | $736.38M |
| 2024-10-31 | $624.81M |
| 2024-07-31 | $590.76M |
| 2024-04-30 | $555.65M |
| 2024-01-31 | $488.43M |
| 2023-10-31 | $451.12M |
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.