Lord Abbett Floating Rate's strong leadership team, deep analyst pool, and solid investment framework support a Morningstar Analyst Rating of Bronze for its cheaper share classes and Neutral for the more expensive.
Will LFRFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LFRFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the LFRFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of LFRFX’s parent organization’s priorities and whether they’re in line with investors’ interests.