DoubleLine Floating Rate Income Fund - Investor Class

Frequently Asked Questions About SPFPX

What does SPFPX invest in?

The fund endeavors to generate substantial current income while striving for robust risk-adjusted returns. Typically, it commits a minimum of 80% of its total assets (including any borrowed capital) to income-generating floating-rate loans and other variable-rate debt instruments. These investments may consist of corporate bonds, notes, and debentures, as well as debt securities issued or guaranteed by the U.S. government or its associated agencies and instrumentalities.

What is the expense ratio of SPFPX?

DoubleLine Floating Rate Income Fund - Investor Class (SPFPX) charges an expense ratio of 1.05%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SPFPX?

DoubleLine Floating Rate Income Fund - Investor Class (SPFPX) manages $52.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is SPFPX actively managed or an index fund?

SPFPX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SPFPX launched?

DoubleLine Floating Rate Income Fund - Investor Class (SPFPX) launched in December 2015 and is managed by DoubleLine.

How has SPFPX performed?

SPFPX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.