Lord Abbett Investment Grade Fltng Rt R6 (LGRUX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.20
0.00 (0.00%)
May 2, 2025, 4:00 PM EDT
-0.10% (1Y)
| Fund Assets | n/a |
| Expense Ratio | 0.34% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.68 |
| Dividend Yield | 6.62% |
| Dividend Growth | -7.36% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 10.20 |
| YTD Return | 0.40% |
| 1-Year Return | 5.01% |
| 5-Year Return | n/a |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 403 |
| Inception Date | May 4, 2023 |
About LGRUX
LGRUX was founded on 2023-05-04 and is currently managed by Castle,Koleva,Trifon. The Fund's investment strategy focuses on Loan Participation with 0.28% total expense ratio. Lord Abbett Investment Grade Floating Rate Fund Class R6 seeks a high level of current income. LGRUX 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.
Category Ultrashort Bond
Stock Exchange NASDAQ
Ticker Symbol LGRUX
Share Class Class R6
Index Index is not provided by Management Company
Performance
LGRUX had a total return of 5.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.15%.
Top 10 Holdings
12.67% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury - U.S. Treasury Floating Rate Notes | XITF 0 01.31.27 | 2.55% |
| Black Diamond CLO Ltd - Black Diamond CLO 2024-1 Ltd | BLACK 2024-1A B | 1.43% |
| Freddie Mac - STACR - Freddie Mac STACR REMIC Trust 2024-HQA2 | STACR 2024-HQA2 A1 | 1.41% |
| TD Securities USA LLC - TD Securities REPO 4.25% 2-3-2 | n/a | 1.37% |
| OCP CLO Ltd - OCP CLO 2015-9 Ltd | n/a | 1.00% |
| Park Blue CLO Ltd - Park Blue CLO 2022-1 Ltd | PKBLU 2022-1A A1R | 0.99% |
| Venture CDO Ltd - Venture 48 CLO Ltd | VENTR 2023-48A B1 | 0.99% |
| Regatta XX Funding Ltd | REG20 2021-2A BR | 0.98% |
| Birch Grove CLO Ltd. - Birch Grove CLO 3 Ltd | BGCLO 2021-3A A1R | 0.98% |
| Park Blue CLO Ltd - Park Blue CLO 2022-II Ltd | PKBLU 2022-2A A1R | 0.96% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.05197 | Apr 30, 2025 |
| Mar 31, 2025 | $0.05206 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0489 | Feb 28, 2025 |
| Jan 31, 2025 | $0.05333 | Jan 31, 2025 |
| Dec 31, 2024 | $0.0548 | Dec 31, 2024 |
| Dec 17, 2024 | $0.006 | Dec 17, 2024 |