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Lord Abbett Floating Rate C LARCX

Analyst rating as of
  • NAV / 1-Day Return 7.99  /  0.05 %
  • Total Assets 6.0 Bil
  • Adj. Expense Ratio
    1.410%
  • 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.

A worthwhile bank-loan offering.

Senior Analyst

Summary

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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.

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