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Lord Abbett Floating Rate F LFRFX

Analyst rating as of | See Lord Abbett Investment Hub
  • NAV / 1-Day Return 8.00  /  0.06 %
  • Total Assets 6.0 Bil
  • Adj. Expense Ratio
    0.690%
  • Expense Ratio 0.690%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 5.17%
  • Effective Duration 0.21 years

Morningstar’s Analysis LFRFX

Will LFRFX 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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