SOUCX

About SOUCX

The American Beacon DoubleLine Floating Rate Income Fund C Class is a mutual fund focused on delivering a high level of current income while seeking strong risk-adjusted returns. Its core strategy involves investing 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 corporations or the U.S. government. This approach positions the fund within the bank loan category, making it particularly relevant for investors seeking exposure to debt instruments with variable interest payments, which can offer some protection against rising interest rates. The fund is diversified across a broad array of holdings—over 230—and maintains monthly income distributions to shareholders. With a notable asset base of more than $2 billion, the American Beacon DoubleLine Floating Rate Income Fund C Class plays a significant role in the fixed income market, catering to those looking for steady income streams and risk management in a fluctuating rate environment. Established in 2015, it continues to serve institutional and individual investors with a focus on income generation and capital preservation.