Lord Abbett Floating Rate Fund Class A (LFRAX)
| Fund Assets | 4.42B |
| Expense Ratio | 0.80% |
| Min. Investment | $1,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.56 |
| Dividend Yield | 6.83% |
| Dividend Growth | -15.46% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.19 |
| YTD Return | -0.45% |
| 1-Year Return | 4.97% |
| 5-Year Return | 30.89% |
| 52-Week Low | 7.61 |
| 52-Week High | 8.24 |
| Beta (5Y) | n/a |
| Holdings | 483 |
| 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 4.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.74%.
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 |
|---|---|---|
| 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 |
| Sep 30, 2025 | $0.04739 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04704 | Aug 29, 2025 |