Fund Evaluator:
American Beacon DoubleLine Sel Inc Inv (BILTX)
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Best Performing in Intermediate Core Bond Over the Last Year
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| 3.9% | MML Barings Core Bond M2 (MMCAX) |
| 3.2% | Nuveen Core and Impact Bond I (TSBHX) |
| 3.1% | American Beacon DoubleLine Sel Inc Inv (BILTX) |
Fund Details
American Beacon DoubleLine Sel Inc Inv Overview
American Beacon DoubleLine Sel Inc Inv (BILTX) is an actively managed Taxable Bond Intermediate Core Bond fund. American Beacon launched the fund in 2016.
The investment seeks long-term total return while striving to generate current income. Under normal circumstances, the advisor intends to invest at least 50% of its net assets (plus the amount of borrowings for investment purposes) in “Infrastructure Investments.” The fund may invest without limit in Infrastructure Investments in the United States or in foreign countries, including emerging market countries.
About American Beacon DoubleLine Sel Inc Inv (BILTX)
There are 2 members of the management team with an average tenure of 10.34 years: Damien Contes (2016), Andrew Hsu (2016). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: Bloomberg US Agg Bond TR USD index with a weighting of 100%. American Beacon DoubleLine Sel Inc Inv has 101 securities in its portfolio. The top 10 holdings constitute 23.4% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
American Beacon DoubleLine Sel Inc Inv is part of the Fixed Income global asset class and is within the Taxable Bond fund group. American Beacon DoubleLine Sel Inc Inv has 7.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 98.0% (90.1% domestic bond, 7.9% foreign bond and 0.0% convertible bond). American Beacon DoubleLine Sel Inc Inv has 2.0% of the portfolio in cash.
Assets Under Management
The fund has $7 million in total assets, which is below the $3 billion average for the Intermediate Core Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
BILTX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The American Beacon DoubleLine Sel Inc Inv expense ratio is high compared to funds in the Intermediate Core Bond category. American Beacon DoubleLine Sel Inc Inv has an expense ratio of 0.85%, which is 50% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. American Beacon DoubleLine Sel Inc Inv has a portfolio turnover rate of 39%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 151% for the Intermediate Core Bond category.
Recently, in the month of July 2026, American Beacon DoubleLine Sel Inc Inv returned -0.9%, which earned it a grade of A, as the Intermediate Core Bond category had an average return of -1.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
American Beacon DoubleLine Sel Inc Inv has a trailing yield of 4.35%, which is above the 4.04% category average. The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
American Beacon DoubleLine Sel Inc Inv Grades
Year to date, the fund has returned 0.2%, 0.9 percentage points better than the category, which translates into a grade of A. The fund has returned 3.1% over the past year (grade of A), 5.5% over the past three years (grade of A) and 1.1% per year over the past five years (grade of A) and 2.4% per year over the past 10 years (grade of A).
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BILTX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| BILTX Return (NAV) | -0.9% | -0.1% | 3.1% | 5.5% | 1.1% | 2.4% |
| BILTX Grade | A | A | A | A | A | A |
| +/- Category | 0.5% | 0.7% | 0.6% | 1.8% | 1.6% | 1.0% |
| Intermediate Core Bond Avg | -1.3% | -0.8% | 2.5% | 3.7% | -0.5% | 1.4% |
| BILTX Tax Cost Ratio | na | na | 1.7% | 1.6% | 1.4% | 1.3% |
BILTX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| BILTX Return (NAV) | 0.2% | 7.3% | 4.1% | 8.6% | -11.7% | -0.1% | 5.2% | 8.0% | 0.2% | 5.5% | na |
| BILTX Grade | A | B | A | A | A | A | F | D | A | A | na |
| +/- Category | 0.9% | 0.3% | 2.6% | 3.0% | 1.4% | 1.4% | -2.9% | -0.4% | 0.6% | 1.9% | na |
| Intermediate Core Bond Avg | -0.7% | 7.0% | 1.6% | 5.6% | -13.2% | -1.5% | 8.1% | 8.5% | -0.4% | 3.6% | 2.8% |
| Risk Measures | |
| Standard Deviation: | 4.5% |
| Total Risk Index: | 0.37 - Low |
| Category Risk Index: | 0.81 - Low |
| Category Risk Grade: | A (6% Rank) |
| Beta: | 0.78 |
| R-Squared: | 95% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Moderate Sensitivity |
| Yield: | 4.4% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $360 Mil |
| Fund Total Assets: | $ 7 Mil |
| Share Class Type: | N |
| Portfolio Turnover: | 39% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 10.3 years | |||
| Average Tenure: 10.3 years | |||
| Managers (Year): Contes Damien (2016), Hsu Andrew (2016) | |||
Portfolio Composition (as of 12/31/25)
| # of Holdings: | 101 |
| % in Top 10 Holdings: | 23.4% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 7.9% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 90.1% |
| Foreign Bond: | 7.9% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.0% |
Purchase Information
| Fund Family: | American Beacon |
| Phone Number: | 877-354-6311 |
| Website: | www.americanbeaconfunds.com |
| Status: | Open |
| Inception Date: | April 1, 2016 |
| Min. Initial Purchase: | $2,000 |
| Min. Initial IRA Purchase: | $ 500 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.85% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.57% |
| Share Class: | American Beacon DoubleLine Sel Inc Y |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
