Lord Abbett Investment Grade Fltng Rt I (LGRYX)
| Fund Assets | n/a |
| Expense Ratio | 0.35% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 6.57% |
| Dividend Growth | -7.13% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 10.20 |
| YTD Return | 0.40% |
| 1-Year Return | 5.08% |
| 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 LGRYX
LGRYX was founded on 2023-05-04 and is currently managed by Castle,Koleva,Trifon. The Fund's investment strategy focuses on Loan Participation with 0.35% total expense ratio. The minimum amount to invest in Lord Abbett Investment Grade Floating Rate Fund Class I is $1,000,000 on a standard taxable account. Lord Abbett Investment Grade Floating Rate Fund Class I seeks a high level of current income. LGRYX 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
LGRYX had a total return of 5.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.55%.
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 | $0.05157 | Apr 30, 2025 |
| Mar 31, 2025 | $0.05161 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04867 | Feb 28, 2025 |
| Jan 31, 2025 | $0.05337 | Jan 31, 2025 |
| Dec 31, 2024 | $0.05477 | Dec 31, 2024 |
| Dec 17, 2024 | $0.006 | Dec 17, 2024 |