Lord Abbett Floating Rate’s robust team and thoughtful, liquidity-focused approach justify a Morningstar Analyst Rating of Bronze across the strategy’s cheaper share classes, while a higher price tag earns the remaining share classes a Neutral rating.
- NAV / 1-Day Return 7.99 / 0.05 %
- Total Assets 6.0 Bil
Adj. Expense Ratio
- Expense Ratio 1.410%
- Distribution Fee Level Low
- Share Class Type Level Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,500
- Status Open
- TTM Yield 4.41%
- Effective Duration —
Morningstar’s Analysis LARCX
Will LARCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.