Lord Abbett Floating Rate Fund Class I (LFRIX)
| Fund Assets | 15.21B |
| Expense Ratio | 0.61% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 7.20% |
| Dividend Growth | -14.64% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 7.91 |
| YTD Return | -1.06% |
| 1-Year Return | 5.17% |
| 5-Year Return | 28.58% |
| 52-Week Low | 7.88 |
| 52-Week High | 8.10 |
| Beta (5Y) | n/a |
| Holdings | 480 |
| Inception Date | Dec 31, 2007 |
About LFRIX
LFRIX was founded on 2007-12-31. The Fund's investment strategy focuses on Loan Participation with 0.6% total expense ratio. The minimum amount to invest in Lord Abbett Investment Trust: Lord Abbett Floating Rate Fund; Class I Shares is $1,000,000 on a standard taxable account. Lord Abbett Investment Trust: Lord Abbett Floating Rate Fund; Class I Shares seeks a high level of current income. LFRIX 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
LFRIX had a total return of 5.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.98%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.04039 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04458 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04585 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04664 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04831 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04876 | Sep 30, 2025 |