Lord Abbett Investment Grade Fltng Rt F3 (IGRNX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.28
0.00 (0.00%)
Jan 31, 2025, 4:00 PM EST
0.98%
Fund Assets n/a
Expense Ratio 0.34%
Min. Investment $0.00
Turnover n/a
Dividend (ttm) 0.70
Dividend Yield 6.78%
Dividend Growth n/a
Payout Frequency Monthly
Ex-Dividend Date Jan 31, 2025
Previous Close 10.28
YTD Return 0.19%
1-Year Return 6.92%
5-Year Return n/a
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 239
Inception Date May 4, 2023

About IGRNX

IGRNX was founded on 2023-05-04 and is currently managed by Castle,Koleva,Trifon. The Fund's investment strategy focuses on Loan Participation with 0.28% total expense ratio. Lord Abbett Investment Grade Floating Rate Fund Class F3 seeks a high level of current income. IGRNX will invest in various types of high quality, investment grade debt securities. Under normal conditions, the Fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in investment grade debt securities.

Category Ultrashort Bond
Stock Exchange NASDAQ
Ticker Symbol IGRNX
Share Class Class F3
Index Index is not provided by Management Company

Performance

IGRNX had a total return of 6.92% in the past year. Since the fund's inception, the average annual return has been 7.93%, including dividends.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
LGRUX Class R6 0.34%
IGRSX Class R5 0.35%
LGRYX Class I 0.35%
LGRFX Class F 0.35%

Top 10 Holdings

19.35% of assets
Name Symbol Weight
United States Treasury - U.S. Treasury Floating Rate Notes TF 0 10.31.26 6.10%
TD Securities USA LLC - TD Securities REPO 4.75% 11-1 n/a 4.43%
Freddie Mac - STACR - Freddie Mac STACR REMIC Trust 2024-HQA2 STACR 2024-HQA2 A1 1.78%
Crockett Partners Equipment Company II LLC - Crockett Partners Equipment Co IIA LLC EQS 2024-1C A 1.16%
Invesco CLO LTD - Invesco CLO 2022-3 Ltd n/a 1.06%
Empower CLO Ltd. - Empower CLO 2024-1 Ltd EMPWR 2024-1A A1 1.05%
Cherry Securitization Trust 2024-1 CHRY 2024-1A A 0.96%
Tricolor Auto Securitization Trust 2024-3 TAST 2024-3A C 0.95%
Katayma CLO Ltd - Katayma CLO II Ltd n/a 0.93%
720 East CLO Ltd. - 720 East CLO 2023-I Ltd n/a 0.92%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jan 31, 2025 $0.05337 Jan 31, 2025
Dec 31, 2024 $0.05465 Dec 31, 2024
Dec 17, 2024 $0.006 Dec 17, 2024
Nov 29, 2024 $0.05375 Nov 29, 2024
Oct 31, 2024 $0.05716 Oct 31, 2024
Sep 30, 2024 $0.05783 Sep 30, 2024
Full Dividend History