BILTX Fees and Costs — American Beacon DoubleLine Select Income Fund, Investor Class
Data updated: 2026-10-15
The net expense ratio is 0.85%: a 0.50% management fee plus 0.38% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 39%.
BILTX Fees and Expenses
Annual operating expenses and sales charges of BILTX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.38% |
| Gross expense ratio | 0.89% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.85% |
| 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 |
BILTX Costs Over Time
On $10,000 invested in BILTX, assuming 5% a year before costs, total costs come to $533 over 5 years, cutting the return by 0.89% 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 0.85%) | $89 | $279 | $484 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $89 | $293 | $533 |
| Value after costs | $10,411 | $11,284 | $12,230 |
| Impact on return, per year | 0.89% | 0.89% | 0.89% |
BILTX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $139.8M
- Portfolio turnover (prospectus): 39%
- Securities lending: none during the year
BILTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $81.8M | 58.52% |
| Barclays Capital Inc. | $14.8M | 10.61% |
| MUFG Securities Americas Inc. | $10.2M | 7.28% |
| Mizuho Securities USA LLC | $9.0M | 6.42% |
| Stonex Financial Inc. | $6.8M | 4.83% |
| Truist Securities, Inc. | $6.2M | 4.41% |
| RBC Capital Markets, LLC | $4.5M | 3.23% |
| Deutsche Bank Securities Inc. | $3.2M | 2.32% |
| BofA Securities, Inc. | $2.2M | 1.58% |
| SG Americas Securities, LLC | $1.1M | 0.79% |
American Beacon DoubleLine Select Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BILRX | R6 Class | 0.59% | none |
| BILDX | Y Class | 0.60% | none |
| BILTX | Investor Class | 0.85% | 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.