American Beacon DoubleLine Floating Rate Income Fund R5 Class (SPFLX)
| Fund Assets | 71.93M |
| Expense Ratio | 0.86% |
| Min. Investment | $250,000 |
| Turnover | 128.00% |
| Dividend (ttm) | 0.74 |
| Dividend Yield | 9.92% |
| Dividend Growth | -13.29% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 7.42 |
| YTD Return | -4.02% |
| 1-Year Return | -0.39% |
| 5-Year Return | 17.09% |
| 52-Week Low | 7.19 |
| 52-Week High | 8.03 |
| Beta (5Y) | n/a |
| Holdings | 237 |
| Inception Date | Dec 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.
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%.
Top 10 Holdings
40.21% of assets| Name | Symbol | Weight |
|---|---|---|
| SPDR Blackstone Senior Loan ETF | SRLN | 11.78% |
| Invesco Senior Loan ETF | BKLN | 11.77% |
| State Street US Government MMkt | n/a | 6.26% |
| ALLEN MEDIA, LLC 2021 TERM LOAN B | ALNMED.L 02.10.27 1 | 2.21% |
| CARESTREAM HEALTH, INC. 2022 TERM LOAN | CAREST.L 09.30.27 1 | 1.70% |
| NATEL ENGINEERING COMPANY INC 2019 TERM LOAN B | NATENG.L 04.30.26 2 | 1.68% |
| FOCUS FINANCIAL PARTNERS LLC 2025 FUNGIBLE TERM LOAN B8 | FOCS.L 09.15.31 22 | 1.65% |
| Prime Security Srvcs Brwr Llc 2025 Incremental Term Loan B | n/a | 1.22% |
| Teneo Holdings Llc 2024 Term Loan B | n/a | 0.99% |
| Flutter Financing B V 2024 Term Loan B | n/a | 0.95% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.06504 | Jun 30, 2025 |
| May 30, 2025 | $0.07227 | May 30, 2025 |
| Apr 30, 2025 | $0.03185 | Apr 30, 2025 |
| Mar 31, 2025 | $0.05168 | Mar 31, 2025 |
| Feb 28, 2025 | $0.05603 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0598 | Jan 31, 2025 |