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Lord Abbett Investment Grade Floating Rate Fund Class F3 IGRNX
NASDAQ
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Fund Information
Fund Type
Category
Sub-Category
Prospectus Objective
Inception Date
Open/Closed to New Investors
Minimum Initial Investment
0
Minimum Subsequent Investment
Front End Fee
Back End Fee
Asset Allocation
Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
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Preferred
Convertible
Other
Services Offered
Qualified Investment, Phone Exchange, Wire Redemption
Top Holdings
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Performance
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Company Information
Provider
Lord Abbett
Manager/Tenure
(Years)
Adam C. Castle (2), Yoana N. Koleva (2), Robert A. Lee (2), 1 other
Address
Lord Abbett
Jersey City NJ - 7302
Country
United States
Phone Number
201-827-2000
Investment Strategy
The investment seeks a high level of current income. The fund will invest in various types of high quality, investment grade debt (or fixed income) securities. Under normal conditions, the fund will pursue its investment objective by investing 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.