American Beacon DoubleLine Floating Rate Fund A (ADLAX)
8.88
-0.01
(-0.11%)
USD |
Mar 13 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.00% | 131.02M | -- | 217.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -34.23M | 2.13% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide a high level of current income consistent with strong risk-adjusted returns. The Fund invests at least 80% of its net assets in income producing floating rate loans and other floating rate debt securities, which may include bonds, notes and debentures issued by corporation or US government. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | American Beacon |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
31
-950.20M
Peer Group Low
978.90M
Peer Group High
1 Year
% Rank:
32
-34.23M
-4.137B
Peer Group Low
4.603B
Peer Group High
3 Months
% Rank:
32
-1.126B
Peer Group Low
1.917B
Peer Group High
3 Years
% Rank:
52
-3.397B
Peer Group Low
22.57B
Peer Group High
6 Months
% Rank:
30
-1.450B
Peer Group Low
3.151B
Peer Group High
5 Years
% Rank:
74
-3.258B
Peer Group Low
24.72B
Peer Group High
YTD
% Rank:
30
-864.09M
Peer Group Low
2.697B
Peer Group High
10 Years
% Rank:
45
-11.16B
Peer Group Low
25.32B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of March 14, 2026.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 6.32% |
| Stock | 0.07% |
| Bond | 101.2% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -7.61% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| American Beacon US Govt Money Market Select Fund | 8.28% | 1.00 | 0.00% |
| State Street SPDR Blackstone Senior Loan ETF | 3.51% | 39.94 | -0.12% |
| Invesco Senior Loan ETF | 3.37% | 20.46 | -0.20% |
|
COMMSCOPE INC FRN 17-DEC-2029
|
1.88% | -- | -- |
|
TRANSDIGM INC 19-AUG-2032 TERM LOAN B
|
1.63% | -- | -- |
|
DIGITAL INSURANCE LLC [EX- ONEDIGITAL HEALTH AND BENEFIT] 02-JUL-2031 TERM LOAN B
|
1.45% | -- | -- |
|
X CORP FRN 26-OCT-2029
|
1.38% | -- | -- |
|
ASCEND LEARNING LLC 11-DEC-2028 TERM LOAN B
|
1.29% | -- | -- |
|
HIGHTOWER HOLDING LLC 03-FEB-2032 TERM LOAN B
|
1.17% | -- | -- |
|
FRONERI LTD 01-AUG-2032 TERM LOAN B
|
1.11% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.46% |
| Administration Fee | -- |
| Maximum Front Load | 2.50% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 50.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide a high level of current income consistent with strong risk-adjusted returns. The Fund invests at least 80% of its net assets in income producing floating rate loans and other floating rate debt securities, which may include bonds, notes and debentures issued by corporation or US government. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | American Beacon |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (3-12-26) | 7.22% |
| 30-Day SEC Yield (1-31-26) | 5.66% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 278 |
| Bond | |
| Yield to Maturity (9-30-25) | 5.85% |
| Effective Duration | 0.30 |
| Average Coupon | 5.49% |
| Calculated Average Quality | 5.711 |
| Effective Maturity | 4.948 |
| Nominal Maturity | 4.989 |
| Number of Bond Holdings | 268 |
As of September 30, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:ADLAX", "name") |
| Broad Asset Class: =YCI("M:ADLAX", "broad_asset_class") |
| Broad Category: =YCI("M:ADLAX", "broad_category_group") |
| Prospectus Objective: =YCI("M:ADLAX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |