Lord Abbett Floating Rate Fund Class A (LFRAX)
| Fund Assets | 4.33B |
| Expense Ratio | 0.81% |
| Min. Investment | $1,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.55 |
| Dividend Yield | 6.82% |
| Dividend Growth | -13.60% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 7.92 |
| YTD Return | -0.84% |
| 1-Year Return | 4.72% |
| 5-Year Return | 27.21% |
| 52-Week Low | 7.87 |
| 52-Week High | 8.09 |
| Beta (5Y) | n/a |
| Holdings | 480 |
| Inception Date | Dec 31, 2007 |
About LFRAX
LFRAX was founded on 2007-12-31. The Fund's investment strategy focuses on Loan Participation with 0.8% total expense ratio. The minimum amount to invest in Lord Abbett Investment Trust: Lord Abbett Floating Rate Fund; Class A Shares is $1,500 on a standard taxable account. Lord Abbett Investment Trust: Lord Abbett Floating Rate Fund; Class A Shares seeks a high level of current income. LFRAX 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
LFRAX had a total return of 4.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.74%.
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 |
|---|---|---|
| Mar 31, 2026 | $0.04809 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03913 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04316 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04443 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04527 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04689 | Oct 31, 2025 |