The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
Lord Abbett Investment Grade Fltng Rt F LGRFX
- NAV / 1-Day Return 10.22 / +0.05 %
- Total Assets 13.3 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.350%
- Distribution Fee Level Below Average
- Share Class Type No Load
- Category Ultrashort Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment —
- Status Open
- TTM Yield —
- Effective Duration —
USD | NAV as of May 17, 2024 | 1-Day Return as of May 17, 2024, 10:17 PM GMT+0
Morningstar’s Analysis LGRFX
Will LGRFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 21.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Toronto Dominion Bank The | 3.12 | 400,000 | Cash and Equivalents |
CAL RECEIVABLES 2022-1 LLC 9.67% | 2.63 | 336,782 | Securitized |
AFFIRM ASSET SECURITIZATION TRUST 2022-A 4.3% | 2.60 | 332,896 | Securitized |
BAYVIEW OPPORTUNITY MASTER FUND VII 2024-CAR1 LLC 7.37% | 2.35 | 300,737 | Securitized |
Freddie Mac Stacr Remic Trust 7.17% | 2.33 | 298,286 | Securitized |
Rad Clo 20 Ltd. / Rad Clo 20 LLC 10.32% | 1.98 | 253,341 | Securitized |
Ballyrock Clo 25 Ltd | 1.98 | 253,074 | Securitized |
BAIN CAPITAL CREDIT CLO 2022-5 LLC 9.57% | 1.97 | 253,052 | Securitized |
Post Clo 2023-1 Ltd / Post Clo 2023- FRN 7.82% | 1.97 | 252,663 | Securitized |
OCP CLO 2024-31 LTD 9.28% | 1.97 | 252,043 | Securitized |