Predicted to enable phosphatase activity and protein homodimerization activity. Involved in negative regulation of peptidyl-serine phosphorylation. Acts upstream of or within regulation of protein kinase B signaling. Predicted to be located in several cellular components, including dendrite; neuronal cell body; and recycling endosome. Predicted to be active in clathrin-coated endocytic vesicle and early endosome. Predicted to colocalize with clathrin-coated pit. Orthologous to human INPP5F (inositol polyphosphate-5-phosphatase F). [provided by Alliance of Genome Resources, Apr 2022]