American Beacon DoubleLine Floating Rate Income Fund Investor Class (SPFPX)
| Fund Assets | 52.69M |
| Expense Ratio | 1.28% |
| Min. Investment | $2,500 |
| Turnover | 217.00% |
| Dividend (ttm) | 0.53 |
| Dividend Yield | 7.44% |
| Dividend Growth | -32.73% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 2, 2026 |
| Previous Close | 7.19 |
| YTD Return | -0.19% |
| 1-Year Return | 3.25% |
| 5-Year Return | 13.00% |
| 52-Week Low | 6.76 |
| 52-Week High | 7.24 |
| Beta (5Y) | 0.12 |
| Holdings | 252 |
| Inception Date | Dec 11, 2015 |
About SPFPX
The American Beacon FEAC Floating Rate Income Fund Investor Class is a mutual fund that seeks to deliver a high level of current income while maintaining strong risk-adjusted returns. Its primary strategy involves investing at least 80% of its net assets in income-producing floating-rate loans and other floating-rate debt securities, such as bonds, notes, and debentures issued by corporations or debt securities from the U.S. government and related agencies. This focus on floating-rate instruments helps the fund manage interest rate risk, as the yields on these holdings adjust in response to changing market rates. The fund holds a broadly diversified portfolio—recently numbering over 230 different securities—which reduces exposure to any single issuer. With a monthly dividend distribution and a competitive yield, the fund is positioned within the bank loan category, serving investors seeking income generation and a degree of protection against rising interest rates. Its approach makes it particularly relevant for those aiming to capture stable income through varying interest rate environments.
Performance
SPFPX had a total return of 3.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.82%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFHCX | Fidelity | Fidelity Series Floating Rate High Income Fund | n/a |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 2, 2026 | $0.0364 | Feb 3, 2026 |
| Dec 31, 2025 | $0.0964 | Jan 2, 2026 |
| Dec 1, 2025 | $0.0259 | Dec 2, 2025 |
| Nov 3, 2025 | $0.0117 | Nov 4, 2025 |
| Oct 1, 2025 | $0.0307 | Oct 2, 2025 |
| Sep 2, 2025 | $0.0078 | Sep 3, 2025 |