Lord Abbett Floating Rate Fund Class I (LFRIX)
| Fund Assets | 15.21B |
| Expense Ratio | 0.60% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.66 |
| Dividend Yield | 8.26% |
| Dividend Growth | -6.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 7.93 |
| YTD Return | -1.65% |
| 1-Year Return | 3.87% |
| 5-Year Return | 38.57% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 476 |
| 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 3.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.80%.
Top 10 Holdings
12.24% of assets| Name | Symbol | Weight |
|---|---|---|
| 452221601 | n/a | 5.64% |
| 452426466 | n/a | 1.84% |
| Lx255431 | n/a | 0.73% |
| Lx209950 | n/a | 0.67% |
| Lx256336 | n/a | 0.58% |
| Lx247576 | n/a | 0.56% |
| Lx255436 | n/a | 0.56% |
| Lx232483 | n/a | 0.56% |
| Lx258125 | n/a | 0.55% |
| Lx239095 | n/a | 0.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.05033 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04648 | Feb 28, 2025 |
| Jan 31, 2025 | $0.05082 | Jan 31, 2025 |
| Dec 31, 2024 | $0.05322 | Dec 31, 2024 |
| Nov 29, 2024 | $0.05363 | Nov 29, 2024 |
| Oct 31, 2024 | $0.05358 | Oct 31, 2024 |