Lord Abbett Floating Rate Fund Class A
LFRAX
NASDAQ
| Weiss Ratings | LFRAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C+ | |||
| Risk Index | Good | |||
| Risk Grade | B- | |||
| Company Info | LFRAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Provider | Lord Abbett | |||
| Manager/Tenure (Years) | Robert A. Lee (11), Steven F. Rocco (9), Kearney M. Posner (7), 1 other | |||
| Website | http://www.lordabbett.com | |||
| Fund Information | LFRAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Fund Name | Lord Abbett Floating Rate Fund Class A | |||
| Category | Bank Loan | |||
| Sub-Category | US Fixed Income | |||
| Prospectus Objective | Income | |||
| Inception Date | Dec 31, 2007 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 1,500.00 | |||
| Minimum Subsequent Investment | -- | |||
| Front End Fee | 0.02 | |||
| Back End Fee | -- | |||
| Dividends and Shares | LFRAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield | 7.96% | |||
| Dividend | LFRAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield (Forward) | -- | |||
| Asset Allocation | LFRAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Cash | 3.80% | |||
| Stock | 0.00% | |||
| U.S. Stock | 0.00% | |||
| Non-U.S. Stock | 0.00% | |||
| Bond | 96.04% | |||
| U.S. Bond | 96.04% | |||
| Non-U.S. Bond | 0.00% | |||
| Preferred | 0.00% | |||
| Convertible | 0.16% | |||
| Other Net | 0.00% | |||
| Price History | LFRAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 7-Day Total Return | 0.26% | |||
| 30-Day Total Return | -0.10% | |||
| 60-Day Total Return | -0.57% | |||
| 90-Day Total Return | -0.36% | |||
| Year to Date Total Return | 0.23% | |||
| 1-Year Total Return | 5.40% | |||
| 2-Year Total Return | 18.41% | |||
| 3-Year Total Return | 21.15% | |||
| 5-Year Total Return | 44.06% | |||
| Price | LFRAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Closing Price | -- | |||
| 1-Month Low Price | -- | |||
| 1-Month High Price | -- | |||
| 52-Week Low Price | -- | |||
| 52-Week Low Price (Date) | -- | |||
| 52-Week High Price | -- | |||
| 52-Week High Price (Date) | -- | |||
| NAV | LFRAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Nav | $7.98 | |||
| 1-Month Low NAV | $7.87 | |||
| 1-Month High NAV | $7.98 | |||
| 52-Week Low NAV | $7.87 | |||
| 52-Week Low NAV (Date) | Apr 07, 2025 | |||
| 52-Week High NAV | $8.20 | |||
| 52-Week High Price (Date) | May 24, 2024 | |||
| Beta / Standard Deviation | LFRAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Beta | 1.00 | |||
| Standard Deviation | 3.87 | |||
| Balance Sheet | LFRAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 4.63B | |||
| Operating Ratios | LFRAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Expense Ratio | 0.80% | |||
| Turnover Ratio | 105.00% | |||
| Performance | LFRAX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Last Bull Market Total Return | 4.87% | |||
| Last Bear Market Total Return | -5.19% | |||