Lord Abbett Floating Rate Fund Class C (LARCX)
| Fund Assets | 15.21B |
| Expense Ratio | 1.41% |
| Min. Investment | $1,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 6.35% |
| Dividend Growth | -16.76% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.02 |
| YTD Return | -0.38% |
| 1-Year Return | 4.70% |
| 5-Year Return | 27.81% |
| 52-Week Low | 7.48 |
| 52-Week High | 8.06 |
| Beta (5Y) | n/a |
| Holdings | 483 |
| Inception Date | Dec 31, 2007 |
About LARCX
LARCX was founded on 2007-12-31. The Fund's investment strategy focuses on Loan Participation with 1.42% total expense ratio. The minimum amount to invest in Lord Abbett Investment Trust: Lord Abbett Floating Rate Fund; Class C Shares is $1,500 on a standard taxable account. Lord Abbett Investment Trust: Lord Abbett Floating Rate Fund; Class C Shares seeks a high level of current income. LARCX invests 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.
Performance
LARCX had a total return of 4.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.75%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFHCX | Fidelity | Fidelity Series Floating Rate High Income Fund | n/a |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03888 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04015 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04113 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04263 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04325 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04282 | Aug 29, 2025 |