American Beacon DoubleLine Floating Rate Income Fund R5 Class (SPFLX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
7.44
+0.02 (0.27%)
Jul 16, 2025, 4:00 PM EDT
-7.12%
Fund Assets71.93M
Expense Ratio0.86%
Min. Investment$250,000
Turnover128.00%
Dividend (ttm)0.74
Dividend Yield9.92%
Dividend Growth-13.29%
Payout FrequencyMonthly
Ex-Dividend DateJun 30, 2025
Previous Close7.42
YTD Return-4.02%
1-Year Return-0.39%
5-Year Return17.09%
52-Week Low7.19
52-Week High8.03
Beta (5Y)n/a
Holdings237
Inception DateDec 3, 2012

About SPFLX

The American Beacon DoubleLine Floating Rate Income Fund is a mutual fund focused on generating a high level of current income while maintaining strong risk-adjusted returns. This fund primarily invests in a diversified portfolio of floating-rate debt instruments, which are typically loans or bonds with interest rates that reset periodically. Its structure helps mitigate interest rate risk, making it particularly relevant during periods of rising rates. The fund is categorized within the fixed-income segment and holds a substantial number of instruments, with a recent count of around 255 holdings. Notable features include an expense ratio of 0.86% and an emphasis on maintaining a balance between income generation and risk management. Its investment approach seeks to appeal to investors looking for relatively stable income streams and diversification within their broader fixed-income portfolios. The fund’s strategy and underlying assets play a significant role in the wider market by providing access to variable rate credit, supporting liquidity, and offering an alternative to traditional fixed-rate bond funds.

Fund Family American Beacon
Category Bank Loan
Stock Exchange NASDAQ
Ticker Symbol SPFLX
Share Class R5 Class
Index Index is not available on Lipper Database

Performance

SPFLX had a total return of -0.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.96%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
SPFYXY Class0.92%
SOUAXA Class1.12%
SPFPXInvestor Class1.20%
SOUCXC Class1.90%

Top 10 Holdings

40.21% of assets
NameSymbolWeight
SPDR Blackstone Senior Loan ETFSRLN11.78%
Invesco Senior Loan ETFBKLN11.77%
State Street US Government MMktn/a6.26%
ALLEN MEDIA, LLC 2021 TERM LOAN BALNMED.L 02.10.27 12.21%
CARESTREAM HEALTH, INC. 2022 TERM LOANCAREST.L 09.30.27 11.70%
NATEL ENGINEERING COMPANY INC 2019 TERM LOAN BNATENG.L 04.30.26 21.68%
FOCUS FINANCIAL PARTNERS LLC 2025 FUNGIBLE TERM LOAN B8FOCS.L 09.15.31 221.65%
Prime Security Srvcs Brwr Llc 2025 Incremental Term Loan Bn/a1.22%
Teneo Holdings Llc 2024 Term Loan Bn/a0.99%
Flutter Financing B V 2024 Term Loan Bn/a0.95%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 30, 2025$0.06504Jun 30, 2025
May 30, 2025$0.07227May 30, 2025
Apr 30, 2025$0.03185Apr 30, 2025
Mar 31, 2025$0.05168Mar 31, 2025
Feb 28, 2025$0.05603Feb 28, 2025
Jan 31, 2025$0.0598Jan 31, 2025
Full Dividend History