Morningstar

American Beacon DoubleLine Floating Rate Fund Investor Class ADLPX

Morningstar Medalist Rating
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Medalist Rating as of See American Beacon Investment Hub
  • NAV / 1-Day Return $8.84  /  −0.11 %
  • Fund Size $119.3M
  • Adjusted Expense Ratio 1.010%
  • Net Expense Ratio 1.030%
  • Fee Level: Distribution Above Average
  • Share Class Type No Load
  • Morningstar Category Bank Loan
  • Fixed-Income Style Box (Funds) Low/Limited
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 5.65%
  • Average Effective Duration 0.40 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis ADLPX

Will ADLPX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ADLPX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ADLPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ADLPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

American Beacon DoubleLine Fltng Rt Inv holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings ADLPX

More ADLPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

U.S. Government Money Market S

7.41 9M
Cash and Equivalents

State Street® Blackstone Senior Loan ETF

2.13 3M
—

Invesco Senior Loan ETF

2.11 3M
—

Gainwell Acquisition Corp 2026 Refinancing Term Loan

1.60 2M
Corporate

Zayo Group Holdings Inc 2025 Usd Term Loan

1.35 2M
Corporate

Lsf9 Atlantis Holdings Llc 2025 Term Loan B

1.30 2M
Corporate

Dg Invstmnt Intrmdt Hld 2 Inc 2025 Term Loan

1.29 2M
Corporate

Bausch + Lomb Corporation 2025 Repriced Term Loan

1.28 2M
Corporate

Cpi Holdco B Llc 2025 Fungible Add On Term Loan

1.28 2M
Corporate

UKG INC 2024 TERM LOAN B

1.28 2M
Corporate

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