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Lord Abbett Floating Rate A (LFRAX)

8.17 -0.01 (-0.12%)
As of 8:06 AM EDT. Market Open.
Loading Chart for LFRAX
DELL
  • Previous Close 8.18
  • YTD Return 4.16%
  • Expense Ratio 0.85%
  • Category Bank Loan
  • Last Cap Gain -16.00
  • Morningstar Rating
  • Morningstar Risk Rating High
  • Sustainability Rating --
  • Net Assets 5.1B
  • Beta (5Y Monthly) 0.20
  • Yield 8.39%
  • 5y Average Return --
  • Holdings Turnover 71.00%
  • Last Dividend 0.28
  • Inception Date Dec 31, 2007

Under normal conditions, the fund pursues its investment objective by investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in floating or adjustable rate instruments and derivatives and other instruments that effectively enable the fund to achieve a floating rate of income. It may invest up to 20% of its net assets in other types of debt securities and short-term instruments.

Lord Abbett

Fund Family

Bank Loan

Fund Category

5.1B

Net Assets

2007-12-31

Inception Date

Performance Overview: LFRAX

Trailing returns as of 6/17/2024. Category is Bank Loan.

YTD Return

LFRAX
4.16%
Category
2.87%
 

1-Year Return

LFRAX
13.09%
Category
10.15%
 

3-Year Return

LFRAX
5.56%
Category
3.23%
 

5-Year Return

LFRAX
4.06%
Category
3.90%
 

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Holdings: LFRAX

Sector Weightings

SectorLFRAX
Real Estate   0.00%
Technology   0.00%
Utilities   0.00%
Industrials   0.00%
Energy   0.00%
Healthcare   0.00%

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Research Reports: LFRAX

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