SPFPX : American Beacon Sound Point Floating Rate Income Fund Investor Class

SPFPX is a Bond Market High Yield Bond with HIGH fees.

SPFPX

American Beacon Sound Point Floating Rate Income Fund Investor Class

FI Score

30 /100

Expense Ratio Rating

3 /10

Expense Rating

0 /10

Market Score

6 /10

Category Score

0 /10

Market Size

6 /10

30% FI Score
  • spfpx
  • Mutual Fund
  • Bond
  • High Yield Bond

American Beacon Sound Point Floating Rate Income Fund Investor Class

Expenses: 1.22% (Better than 0% of similar funds)

This is a bad choice for a High Yield Bond Bond fund. See why ยป

Fund Summary

The investment seeks to provide a high level of current income consistent with strong risk-adjusted returns. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in income-producing floating-rate loans and other floating-rate debt securities, which may include bonds, notes and debentures issued by corporations, and debt securities issued or guaranteed by the U.S. government or one of its agencies or instrumentalities.

Largest Holdings

Amount Holding
1.56% Panther BF Aggregator 2 LP / Panther Finance Company Inc 8.5%
1.38% GLOBAL EAGLE ENTMT INC TERM LOAN
1.29% VFH PARENT LLC 2019 TERM LOAN B
1.22% FRONTERA GENERATION HLDGS LLC TERM LOAN B 1
1.18% Qualtek Usa Llc Term Loan B
1.18% CommScope Inc. 5.5%
1.12% Netsmart Inc Term Loan D 1
1.12% POLYMER ADDITIVES INC 2018 1ST LIEN TERM LOAN
1.09% EIG Investors Corporation 10.88%
1.06% GENUINE FINL HLDGS LLC FIRST LIEN
1.04% LESLIES POOLMART INC TERM LOAN
1.01% Rep Wwex Acquisition Parent L Term Loan
1.01% Ten X Llc Term Loan
1.01% PHOENIX SVCS MERGER SUB LLC TERM LOAN B
0.94% MAYFIELD AGY BORROWER INC TERM LOAN B
0.92% CVENT INC TERM LOAN
0.90% DG INVEST INTERMED HLDGS 2 INC TERM LOAN
0.89% ONEX TSG INTER CORP FIRST LIEN
0.89% ABG INTERMEDIATE HLDGS 2 LLC FIRST LIEN
0.87% PSC INDL HLDGS CORP FIRST LIEN
0.87% AVEANNA HEALTHCARE, LLC INITIAL TERM LOAN
0.87% EMPLOYBRIDGE LLC REFINANCING TERM LOAN
0.86% Q Holding Company 2019 Term Loan B
0.83% Matrix Medi Net Of Arizona Llc 2018 Term Loan B
0.82% BULLDOG PARENT INC TERM LOAN B 1

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