Lord Abbett Investment Grade Fltng Rt A (LGRAX)
| Fund Assets | 2.68B |
| Expense Ratio | 0.55% |
| Min. Investment | $1,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 5.70% |
| Dividend Growth | -11.04% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.49 |
| YTD Return | 0.55% |
| 1-Year Return | 5.58% |
| 5-Year Return | n/a |
| 52-Week Low | 9.92 |
| 52-Week High | 10.49 |
| Beta (5Y) | n/a |
| Holdings | 656 |
| Inception Date | May 4, 2023 |
About LGRAX
LGRAX was founded on 2023-05-04 and is currently managed by Castle,Koleva,Trifon. The Fund's investment strategy focuses on Loan Participation with 0.55% total expense ratio. The minimum amount to invest in Lord Abbett Investment Grade Floating Rate Fund Class A is $1,500 on a standard taxable account. Lord Abbett Investment Grade Floating Rate Fund Class A seeks a high level of current income. LGRAX will invest in various types of high quality, investment grade debt securities. Under normal conditions, the Fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in investment grade debt securities.
Performance
LGRAX had a total return of 5.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.46%.
Top 10 Holdings
8.93% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury - U.S. Treasury Notes | T.3.625 08.31.27 | 3.33% |
| Neuberger Berman CLO Ltd - Neuberger Berman CLO 32R Ltd | NEUB.2019-32RA A | 0.80% |
| United States Treasury - U.S. Treasury Floating Rate Notes | TF.0 07.31.27 | 0.71% |
| Silver Point CLO, Ltd - Silver Point Clo 4 Ltd | SPCLO.2024-4A A1 | 0.63% |
| HalseyPoint CLO Ltd. - Halseypoint CLO 7 LTD | HLSY.2023-7A A1R | 0.62% |
| Benefit Street Partners CLO Ltd - Benefit Street Partners CLO XX Ltd | BSP.2020-20A ARR | 0.59% |
| Wind River CLO Ltd - Wind River 2024-1 CLO Ltd | WINDR.2024-1A A | 0.58% |
| Garnet CLO Ltd - Garnet CLO 2025-1 Ltd | GARNET.2025-1A B | 0.56% |
| Voya CLO Ltd - Voya CLO 2015-3 Ltd | VOYA.2015-3A BR4 | 0.56% |
| Golub Capital Partners CLO, LTD - Golub Capital Partners CLO 72 B Ltd | GCBSL.2024-72A AJ | 0.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04742 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0485 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04833 | Nov 28, 2025 |
| Oct 31, 2025 | $0.05225 | Oct 31, 2025 |
| Sep 30, 2025 | $0.05096 | Sep 30, 2025 |
| Aug 29, 2025 | $0.05183 | Aug 29, 2025 |