About BILTX
DoubleLine Infrastructure Income Fund Class N is an actively managed mutual fund designed to deliver long-term total return with an emphasis on current income. The fund specializes in investing at least 80% of its assets in infrastructure-related debt, which includes financing projects, assets, and companies essential to the functioning and development of economies—such as airports, toll roads, renewable energy facilities, telecom towers, and transportation infrastructure. This approach aims to capitalize on opportunities arising from reduced bank lending in the sector, filling a funding gap while offering diversification and exposure to strategic sectors like utilities, technology, railroads, and energy.
The fund employs a value-oriented and research-driven investment process, blending bottom-up asset analysis with broader macroeconomic views. It invests globally, encompassing both U.S. and foreign infrastructure projects, including those in emerging markets. Classified in the intermediate core bond category, the fund primarily holds investment-grade debt and maintains average risk, with a moderate sensitivity to interest rate changes. Launched in 2016, DoubleLine Infrastructure Income Fund Class N plays a critical role in portfolios seeking targeted exposure to infrastructure debt as part of a broader fixed-income allocation.
Fund Family American Beacon
Category Intermediate Core Bond
Performance Rating High
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol BILTX
Share Class Investor Class
Index Bloomberg U.S. Aggregate Bond TR
BILTX had a total return of -0.82% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.49%.
