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American Beacon Sound Point Floating Rate Income Fund (SPFLX) Sortino Ratio

Mutual Fund · Currency in USD · Last updated Jun 5, 2026

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.

Sortino ratio is not yet available for SPFLX. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar mutual funds

The table compares American Beacon Sound Point Floating Rate Income Fund's Sortino Ratio with other mutual funds in the Bank Loan category across multiple time periods, showing how SPFLX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 5, 2026.

SymbolName1Y Sortino Ratio5Y Sortino Ratio10Y Sortino RatioAll Time Sortino Ratio
RCRIXRiverPark Floating Rate CMBS Fund19.90
PYFRXPayden Floating Rate Fund9.45
SAMBXVirtus Seix Floating Rate High Income Fund7.65
CAPIXCalamos Aksia Alternative Credit and Income Fund Class I6.84
DDFLXDelaware Floating Rate Fund6.81
FRFZXPGIM Floating Rate Income Fund6.64
LFRAXLord Abbett Floating Rate Fund Class A6.52
FFRHXFidelity Floating Rate High Income Fund6.30
LFRIXLord Abbett Floating Rate Fund6.22
NFIAXNeuberger Berman Floating Rate Income Fund6.22
SPFLXAmerican Beacon Sound Point Floating Rate Income Fund—

S&P 500 Index

How to choose period

Historical Sortino Ratio

The chart shows SPFLX's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when SPFLX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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