Lord Abbett Floating Rate Fund Class I (LFRIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.18
0.00 (0.00%)
Jan 13, 2025, 4:00 PM EST
0.37% (1Y)
| Fund Assets | 4.79B |
| Expense Ratio | 0.60% |
| Min. Investment | $1,000,000 |
| Turnover | 71.00% |
| Dividend (ttm) | 0.69 |
| Dividend Yield | 8.40% |
| Dividend Growth | 0.67% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 8.18 |
| YTD Return | 0.12% |
| 1-Year Return | 8.36% |
| 5-Year Return | 22.05% |
| 52-Week Low | 8.10 |
| 52-Week High | 8.20 |
| Beta (5Y) | n/a |
| Holdings | 454 |
| Inception Date | Dec 31, 2007 |
About LFRIX
Under normal conditions, the fund pursues its investment objective by investing 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. It may invest up to 20% of its net assets in other types of debt securities and short-term instruments.
Fund Family Lord Abbett
Category Bank Loan
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol LFRIX
Index Index is not available on Lipper Database
Performance
LFRIX had a total return of 8.36% in the past year. Since the fund's inception, the average annual return has been 3.97%, including dividends.
Top 10 Holdings
11.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Barclays Capital | n/a | 2.39% |
| J P Morgan Securities Inc | n/a | 2.24% |
| Toronto Dominion Bank The | n/a | 1.53% |
| Invesco Senior Loan ETF | BKLN | 1.09% |
| Thunder Generation Funding Llc | n/a | 0.64% |
| Mcafee Corp | n/a | 0.63% |
| Cloud Software Group Inc | n/a | 0.63% |
| Assuredpartners Inc | n/a | 0.62% |
| Alpha Generation Llc | n/a | 0.62% |
| Acbl Hldg Pfd 144A 0% | n/a | 0.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.05322 | Dec 31, 2024 |
| Nov 29, 2024 | $0.05363 | Nov 29, 2024 |
| Oct 31, 2024 | $0.05358 | Oct 31, 2024 |
| Sep 30, 2024 | $0.0571 | Sep 30, 2024 |
| Aug 30, 2024 | $0.05968 | Aug 30, 2024 |
| Jul 31, 2024 | $0.05828 | Jul 31, 2024 |