Lord Abbett Investment Grade Fltng Rt I (LGRYX)
| Fund Assets | 2.68B |
| Expense Ratio | 0.35% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.64 |
| Dividend Yield | 6.20% |
| Dividend Growth | -16.69% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 31, 2025 |
| Previous Close | 10.25 |
| YTD Return | 5.14% |
| 1-Year Return | 6.42% |
| 5-Year Return | n/a |
| 52-Week Low | 9.63 |
| 52-Week High | 10.25 |
| Beta (5Y) | n/a |
| Holdings | 589 |
| 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 6.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.46%.
Top 10 Holdings
11.94% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury - U.S. Treasury Floating Rate Notes | TF.0 10.31.26 | 1.68% |
| FREDDIE MAC - Federal Home Loan Mortgage Corp | n/a | 1.55% |
| United States Treasury - U.S. Treasury Floating Rate Notes | TF.0 01.31.27 | 1.41% |
| TD Securities USA LLC - TD Securities REPO 4.35% 8-1-2 | n/a | 1.36% |
| United States Treasury - U.S. Treasury Floating Rate Notes | TF.0 04.30.27 | 1.35% |
| Silver Point CLO, Ltd - Silver Point Clo 4 Ltd | SPCLO.2024-4A A1 | 1.12% |
| Neuberger Berman CLO Ltd - Neuberger Berman CLO 32R Ltd | NEUB.2019-32RA A | 0.97% |
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 0.93% |
| INTER-AMERICAN DEVEL BK - Inter-American Development Bank | IADB.F 03.13.30 GLOB | 0.82% |
| Diameter Capital CLO 4 Ltd | DCLO.2022-4A A1R | 0.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 31, 2025 | $0.05399 | Oct 31, 2025 |
| Sep 30, 2025 | $0.05263 | Sep 30, 2025 |
| Aug 29, 2025 | $0.05354 | Aug 29, 2025 |
| Jul 31, 2025 | $0.05305 | Jul 31, 2025 |
| Jun 30, 2025 | $0.05098 | Jun 30, 2025 |
| May 30, 2025 | $0.05255 | May 30, 2025 |