What is the current stock price of American Beacon GLG Natural Resources ETF (MGNR)?

As of the latest market data, American Beacon GLG Natural Resources ETF (MGNR) is trading at $53.28. The stock has seen a gain of 1.10% today.

Does American Beacon GLG Natural Resources ETF (MGNR) pay a dividend?

Based on current data, American Beacon GLG Natural Resources ETF does not have a confirmed active dividend policy.

What is the market cap of American Beacon GLG Natural Resources ETF?

The current market capitalization of American Beacon GLG Natural Resources ETF (MGNR) is approximately unavailable.

MGNR

American Beacon GLG Natural Resources ETF·Financial Services

53.28

1.101%(+0.58)

Market Closed

57.59

8.089%(+4.31)

After Hours

Last Updated: — ET

52W L: $27.4252W H: $54.56

MGNR NEWS

seekingalpha.com

Jan 25

MGNR: Active Management Takes Advantage Of Higher Metal Prices

The American Beacon GLG Natural Resources ETF is rated hold despite exceptional recent returns, driven by heavy exposure to gold and silver miners. MGNR trades at elevated valuations, with top holdings like HBM and KGC far above historical P/E averages, raising sustainability concerns if precious metals falter. The fund's active management and high turnover have capitalized on commodity momentum, but lack a proven track record for adapting to changing sector trends.

Company Profile

Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of companies primarily engaged in natural resources and natural resources-related businesses.

Sector

Financial Services

Industry

Asset Management

IPO Date

2024-02-06

Beta

0.85