Key stats
About American Beacon Select Funds American Beacon GLG Natural Resources ETF
Home page
Inception date
Feb 6, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
American Beacon Advisors, Inc.
Distributor
Foreside Fund Services LLC
MGNR offers exposure to companies involved in various aspects of natural resources, including ownership, production, refining, processing, transportation, distribution, mining, exploration, storage, and related activities. In addition, it broadly defines natural resources, encompassing metals, agricultural products, timber, water, and energy from both fossil fuel and renewable sources, as well as chemicals. With a concentrated portfolio ranging from 30 to 60 global stocks, the fund primarily targets large and mid-cap stocks. The fund prioritizes firms with a track record of historical growth performance by combining top-down and bottom-up analyses, a commodities viewpoint with sub-sector selection, and bottom-up stock picking. Both growth and value investment styles are also incorporated. Holdings are divested based on changing market conditions, company performance, and valuation, aiming to optimize gains and minimize losses. The fund may invest in foreign currencies directly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Non-Energy Minerals
Process Industries
Energy Minerals
Producer Manufacturing
Stocks98.16%
Non-Energy Minerals39.87%
Process Industries14.79%
Energy Minerals14.16%
Producer Manufacturing10.66%
Consumer Non-Durables8.51%
Utilities4.70%
Industrial Services3.47%
Electronic Technology1.34%
Transportation0.65%
Bonds, Cash & Other1.84%
Cash1.84%
Stock breakdown by region
North America79.02%
Europe19.07%
Asia0.99%
Latin America0.67%
Africa0.24%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MGNR invests in stocks. The fund's major sectors are Non-Energy Minerals, with 39.87% stocks, and Process Industries, with 14.79% of the basket. The assets are mostly located in the North America region.
MGNR top holdings are Siemens Energy AG and Coeur Mining, Inc., occupying 4.33% and 4.31% of the portfolio correspondingly.
MGNR last dividends amounted to 0.07 USD. The quarter before, the issuer paid 0.04 USD in dividends, which shows a 46.03% increase.
MGNR assets under management is 163.81 M USD. It's risen 6.56% over the last month.
MGNR fund flows account for 92.93 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MGNR pays dividends to its holders with the dividend yield of 0.70%. The last dividend (Apr 4, 2025) amounted to 0.07 USD. The dividends are paid quarterly.
MGNR shares are issued by Resolute Investment Managers, Inc. under the brand American Beacon. The ETF was launched on Feb 6, 2024, and its management style is Active.
MGNR expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
MGNR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MGNR invests in stocks.
MGNR price has risen by 7.99% over the last month, and its yearly performance shows a 11.76% increase. See more dynamics on MGNR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.39% over the last month, showed a 5.79% increase in three-month performance and has increased by 11.38% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.39% over the last month, showed a 5.79% increase in three-month performance and has increased by 11.38% in a year.
MGNR trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.