Morningstar will cease full analyst coverage of Lord Abbett Floating Rate on or about May 17, 2024, so our analysts can spend more time researching other strategies. In the future, this strategy will receive an algorithmically assigned Morningstar Medalist Rating. Users should form their own views on this strategy or obtain financial advice.
Lord Abbett Floating Rate R4 LRRKX
- NAV / 1-Day Return 8.18 / +0.06 %
- Total Assets 5.0 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.850%
- Distribution Fee Level Low
- Share Class Type Retirement, Medium
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment —
- Status Open
- TTM Yield 8.37%
- Effective Duration 0.35 years
USD | NAV as of May 04, 2024 | 1-Day Return as of May 04, 2024, 12:13 AM GMT+0
Morningstar’s Analysis LRRKX
Will LRRKX 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 6.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Barclays Capital | 5.89 | 297.0 Mil | Cash and Equivalents |
Barclays Capital | 2.34 | 118.0 Mil | Cash and Equivalents |
Invesco Senior Loan ETF | 1.22 | 61.6 Mil | — |
Cloud Software Group Inc | 0.76 | 38.2 Mil | Corporate |
Jane Street Group Llc | 0.66 | 33.2 Mil | Corporate |
Aadvantage Loyalty Ip Ltd | 0.59 | 29.7 Mil | Corporate |
Acbl Hldg Pfd 144A 0% | 0.57 | 28.9 Mil | Corporate |
Mcafee Corp | 0.56 | 28.1 Mil | Corporate |
SPDR Blackstone Senior Loan ETF | 0.54 | 27.1 Mil | — |
Mh Sub I Llc | 0.52 | 26.5 Mil | Corporate |