American Beacon DoubleLine Floating Rate Fund Investor Class (DLFRX)
| Fund Assets | 103.92M |
| Expense Ratio | 1.00% |
| Min. Investment | $2,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.59 |
| Dividend Yield | 6.64% |
| Dividend Growth | -13.74% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.96 |
| YTD Return | -0.01% |
| 1-Year Return | 5.74% |
| 5-Year Return | 26.92% |
| 52-Week Low | 8.74 |
| 52-Week High | 9.08 |
| Beta (5Y) | 0.12 |
| Holdings | 345 |
| Inception Date | Feb 1, 2013 |
About DLFRX
DoubleLine Floating Rate Fund Class N Shares is a mutual fund that seeks a high level of current income through investments primarily in floating rate loans and other floating rate securities. It normally invests at least 80% of its net assets in these instruments, focusing on bank loan bonds with an emphasis on credit selection driven by fundamental research to identify stable-to-improving credits while avoiding deteriorating ones. The fund prioritizes preservation of capital as a key to total return, adhering to strict credit and valuation criteria before considering yield. Its portfolio typically features diversification across industries and issuers, with a substantial allocation to floating rate loans, alongside smaller exposures to corporate high yield bonds and cash. Credit quality is predominantly in the B and BB categories, managed by experienced portfolio managers Robert Cohen and Philip Kenney. Designed for retail investors with a minimum investment of $2,000, DoubleLine Floating Rate Fund Class N Shares plays a role in the fixed income market by offering exposure to leveraged loans that adjust interest payments with market rates, aiding in income generation amid varying economic conditions.
Performance
DLFRX had a total return of 5.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.74%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFRCX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class C | 1.77% |
| FIQSX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class Z | 0.67% |
| FFRIX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class I | 0.77% |
| FFRTX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class M | 1.02% |
| FFRHX | Fidelity | Fidelity Floating Rate High Income Fund | 0.73% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| DBFRX | Class I | 0.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04064 | Jan 30, 2026 |
| Dec 31, 2025 | $0.05107 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04122 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0497 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04791 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0543 | Aug 29, 2025 |