Lord Abbett Floating Rate C holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.
Lord Abbett Floating Rate Fund Class C LARCX
- NAV / 1-Day Return 7.98 / 0.00
- Total Assets 4.3B
-
Adj. Expense Ratio
1.430%
- Expense Ratio 1.430%
- Distribution Fee Level Low
- Share Class Type Level Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1,500
- Status Open
- TTM Yield 6.06%
- Effective Duration 0.17 years
USD | NAV as of Jun 13, 2026 | 1-Day Return as of Jun 13, 2026, 12:26 AM GMT+0
Morningstar’s Analysis LARCX
Will LARCX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the LARCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of LARCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 7.4
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
J.P. Morgan Securities Llc | 3.88 | 164M | — |
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Quikrete Holdings Inc | 0.61 | 26M | Corporate |
United States