SPFPX

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.