Lord Abbett Floating Rate Fund Class R3 (LRRRX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.04
+0.03 (0.37%)
May 12, 2025, 4:00 PM EDT
-1.95% (1Y)
| Fund Assets | 15.21B |
| Expense Ratio | 1.10% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.61 |
| Dividend Yield | 7.62% |
| Dividend Growth | -8.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 8.01 |
| YTD Return | -0.50% |
| 1-Year Return | 3.70% |
| 5-Year Return | 36.99% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.14 |
| Holdings | 509 |
| Inception Date | Dec 31, 2007 |
About LRRRX
LRRRX was founded on 2007-12-31. The Fund's investment strategy focuses on Loan Participation with 1.1% total expense ratio. Lord Abbett Investment Trust: Lord Abbett Floating Rate Fund; Class R3 Shares seeks a high level of current income. LRRRX invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in floating or adjustable rate instruments and derivatives and other instruments that effectively enable the Fund to achieve a floating rate of income.
Category Bank Loan
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol LRRRX
Share Class Class R3
Index Index is not available on Lipper Database
Performance
LRRRX had a total return of 3.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.38%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFHCX | Fidelity | Fidelity Series Floating Rate High Income Fund | n/a |
Top 10 Holdings
14.43% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Securities LLC - J P MORGAN TERM REPO | n/a | 5.57% |
| Invesco Senior Loan ETF | BKLN | 1.88% |
| JPMorgan Securities LLC - JP Morgan REPO 4.15% 3-3-2025 | n/a | 1.82% |
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 1.15% |
| QUIKRETE HOLDINGS INC 2025 TERM LOAN B | QUIKHO L 02.10.32 13 | 0.86% |
| Jane Street Group LLC 2024 Term Loan B1 | JANEST L 12.15.31 19 | 0.72% |
| TWITTER INC TERM LOAN | n/a | 0.66% |
| Fidelity Government Portfolio | FRGXX | 0.63% |
| McAfee LLC 2024 USD 1st Lien Term Loan B | MCFE L 03.01.29 7 | 0.58% |
| ACBL HLDG CORP | n/a | 0.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.04796 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04688 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04334 | Feb 28, 2025 |
| Jan 31, 2025 | $0.04733 | Jan 31, 2025 |
| Dec 31, 2024 | $0.04973 | Dec 31, 2024 |
| Nov 29, 2024 | $0.05027 | Nov 29, 2024 |