NYSEARCA:MGNR

American Beacon GLG Natural Resources ETF (MGNR) Price, Holdings, & News

$30.29
+0.57 (+1.92%)
(As of 04/26/2024 ET)
Today's Range
$30.09
$30.84
50-Day Range
$24.80
$30.29
52-Week Range
$23.95
$30.84
Volume
5,723 shs
Average Volume
14,684 shs
Market Capitalization
$34.84 million
Assets Under Management
$34.77 million
Dividend Yield
N/A
Net Expense Ratio
0.75%

About American Beacon GLG Natural Resources ETF

The American Beacon GLG Natural Resources ETF (MGNR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking long-term capital appreciation through investments in a narrow portfolio of global stocks that are predominantly involved in natural resources and related businesses. MGNR was launched on Feb 5, 2024 and is issued by American Beacon.

MGNR Stock Price History

MGNR ETF News Headlines

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Fund Details

Issuer
American Beacon Advisors
Fund Name
American Beacon GLG Natural Resources ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:MGNR
Inception Date
2/6/2024
Fund Manager
Albert Chu
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Sector
Focus
Natural Resources
Development Level
Blended Development
Region
Global
Number of Holdings
44

Fund Statistics

Assets Under Management
$34.77 million
Average Daily Volume
$0.00
Discount/Premium
0.06%

Administrator, Advisor and Custodian

Administrator
American Beacon Advisors, Inc.
Advisor
American Beacon Advisors, Inc.
Custodian
State Street Bank and Trust Company
Distributor
Foreside Financial Services, LLC
Transfer Agent
State Street Bank and Trust Company
Trustee
N/A
Lead Market Maker
Virtu Financial

Miscellaneous

Beta
0.65
Creation Unit
25,000
Creation Fee
$500.00
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American Beacon GLG Natural Resources ETF Expenses

TypeMGNRNatural Resources ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.54%0.54%0.50%0.51%
Other Expenses0.00%0.01%0.54%0.64%0.58%
Total Expense0.75%0.54%0.70%0.74%0.70%
Fee Waiver0.00%-0.01%-0.55%-0.68%-0.57%
Net Expense0.75%0.54%0.60%0.58%0.58%

American Beacon GLG Natural Resources ETF (MGNR) Exposure

MGNR Sector Exposure

MGNR Industry Exposure


MGNR ETF - Frequently Asked Questions

How have MGNR shares performed in 2024?

American Beacon GLG Natural Resources ETF's stock was trading at $24.39 at the beginning of 2024. Since then, MGNR stock has increased by 24.2% and is now trading at $30.2925.
View the best growth stocks for 2024 here
.

What does MGNR invest in?

American Beacon GLG Natural Resources ETF is a equity fund issued by American Beacon Advisors. MGNR focuses on natural resources investments. The fund's investments total to approximately $34.77 million assets under management.

What is the management fee for American Beacon GLG Natural Resources ETF?

American Beacon GLG Natural Resources ETF's management fee is 0.75% and has no other recorded expenses or fee waivers. The net expense ratio for MGNR is 0.75%.

Who are American Beacon GLG Natural Resources ETF's major shareholders?

American Beacon GLG Natural Resources ETF's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (0.00%).

How do I buy shares of American Beacon GLG Natural Resources ETF?

Shares of MGNR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:MGNR) was last updated on 4/28/2024 by MarketBeat.com Staff

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