ADLIX Fees and Costs — American Beacon DoubleLine Floating Rate Fund, R5 Class
Data updated: 2026-10-15
The net expense ratio is 0.74%: a 0.50% management fee plus 0.24% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $992 in broker commissions, 0.0007% of average net assets, and portfolio turnover was 117%.
ADLIX Fees and Expenses
Annual operating expenses and sales charges of ADLIX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.24% |
| Gross expense ratio | 0.75% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.74% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
ADLIX Costs Over Time
On $10,000 invested in ADLIX, assuming 5% a year before costs, total costs come to $466 over 5 years, cutting the return by 0.78% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.74%) | $78 | $243 | $423 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $78 | $255 | $466 |
| Value after costs | $10,422 | $11,321 | $12,297 |
| Impact on return, per year | 0.78% | 0.78% | 0.78% |
ADLIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0007%
- Total broker commissions: $992
- Bought from dealers (principal trades, not a cost): $60.3M
- Portfolio turnover (prospectus): 117%
- Securities lending: none during the year
ADLIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $992 | 100.00% |
ADLIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $25.5M | 43.09% |
| Deutsche Bank Securities Inc. | $23.2M | 39.14% |
| BofA Securities, Inc. | $3.6M | 6.05% |
| Citigroup Global Markets Inc. | $2.6M | 4.37% |
| Morgan Stanley & Co. LLC | $1.5M | 2.55% |
| J.P. Morgan Securities LLC | $1.2M | 1.98% |
| Goldman Sachs & Co. LLC | $694K | 1.17% |
| Barclays Capital Inc. | $359K | 0.61% |
| UBS Securities LLC | $330K | 0.56% |
| KeyBanc Capital Markets Inc. | $285K | 0.48% |
American Beacon DoubleLine Floating Rate Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ADLIX | R5 Class | 0.74% | none |
| ADLYX | Y Class | 0.80% | none |
| ADLAX | A Class | 1.00% | 2.50% |
| ADLPX | Investor Class | 1.05% | none |
| ADLCX | C Class | 1.78% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.