American Beacon DoubleLine Fltng Rt R5 (ADLIX)
| Fund Assets | 124.94M |
| Expense Ratio | 0.48% |
| Min. Investment | $100,000 |
| Turnover | 117.00% |
| Dividend (ttm) | 0.04 |
| Dividend Yield | 0.40% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Mar 2, 2026 |
| Previous Close | 8.89 |
| YTD Return | 3.65% |
| 1-Year Return | 4.49% |
| 5-Year Return | -1.15% |
| 52-Week Low | 8.64 |
| 52-Week High | 8.95 |
| Beta (5Y) | 0.16 |
| Holdings | 2 |
| Inception Date | Jul 18, 2011 |
About ADLIX
American Beacon DoubleLine Floating Rate Fund is a mutual fund that seeks to provide a high level of current income consistent with strong risk-adjusted returns. The fund invests at least 80 percent of its net assets in income-producing floating-rate instruments, including bank loans, floating-rate debt securities, and exchange-traded funds that invest in such instruments. These floating-rate investments span U.S. and foreign corporate issuers across diverse industries and sectors, with exposure to various maturity profiles ranging from short-term to longer-duration obligations. The fund employs a value-oriented, research-intensive investment approach that combines both bottom-up and top-down analysis to manage credit and default risk while pursuing attractive, risk-adjusted returns. Managed by DoubleLine Capital LP as sub-advisor, the fund utilizes active management and a discerning investment selection process to navigate floating-rate markets and generate income for investors seeking exposure to income-producing debt instruments.
Performance
ADLIX had a total return of 4.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.76%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| ADZIX | Class Z Shares | 0.43% |
| ADBLX | Class N Shares | 0.68% |