DoubleLine Floating Rate Income Fund - Investor Class (SPFPX)
DoubleLine Floating Rate Income Fund - Investor Class operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Irving, TX, US. The stock last traded at $7.19, up 0.00% on the session, giving a market capitalisation of $52.7M. Its beta of -0.08 implies it has historically moved less than the broad market.
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.
DoubleLine Floating Rate Income Fund - Investor Class is most often compared with the following Financial Services names: