Lord Abbett Investment Grade Fltng Rt R6 (LGRUX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.25
0.00 (0.00%)
Nov 14, 2025, 4:00 PM EST
Fund Assets2.68B
Expense Ratio0.34%
Min. Investment$0.00
Turnovern/a
Dividend (ttm)0.64
Dividend Yield6.23%
Dividend Growth-17.03%
Payout FrequencyMonthly
Ex-Dividend DateOct 31, 2025
Previous Close10.25
YTD Return5.16%
1-Year Return6.45%
5-Year Returnn/a
52-Week Low9.63
52-Week High10.25
Beta (5Y)n/a
Holdings589
Inception DateMay 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 6.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.58%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
IGRNXClass F30.34%
IGRSXClass R50.35%
LGRYXClass I0.35%
LGRFXClass F0.35%

Top 10 Holdings

11.94% of assets
NameSymbolWeight
United States Treasury - U.S. Treasury Floating Rate NotesTF.0 10.31.261.68%
FREDDIE MAC - Federal Home Loan Mortgage Corpn/a1.55%
United States Treasury - U.S. Treasury Floating Rate NotesTF.0 01.31.271.41%
TD Securities USA LLC - TD Securities REPO 4.35% 8-1-2n/a1.36%
United States Treasury - U.S. Treasury Floating Rate NotesTF.0 04.30.271.35%
Silver Point CLO, Ltd - Silver Point Clo 4 LtdSPCLO.2024-4A A11.12%
Neuberger Berman CLO Ltd - Neuberger Berman CLO 32R LtdNEUB.2019-32RA A0.97%
Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPOn/a0.93%
INTER-AMERICAN DEVEL BK - Inter-American Development BankIADB.F 03.13.30 GLOB0.82%
Diameter Capital CLO 4 LtdDCLO.2022-4A A1R0.75%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Oct 31, 2025$0.05468Oct 31, 2025
Sep 30, 2025$0.05323Sep 30, 2025
Aug 29, 2025$0.05414Aug 29, 2025
Jul 31, 2025$0.05265Jul 31, 2025
Jun 30, 2025$0.05106Jun 30, 2025
May 30, 2025$0.05249May 30, 2025
Full Dividend History