The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.
Lord Abbett Floating Rate F LFRFX
- NAV / 1-Day Return 8.15 / +0.07 %
- Total Assets 5.2 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.700%
- Distribution Fee Level Low
- Share Class Type No Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment —
- Status Open
- TTM Yield 8.58%
- Effective Duration 0.32 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0
Morningstar’s Analysis LFRFX
Will LFRFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 5.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
J P Morgan Securities Inc | 8.30 | 441.0 Mil | Cash and Equivalents |
Barclays Capital | 1.90 | 101.0 Mil | Cash and Equivalents |
Cloud Software Group Inc | 0.69 | 36.9 Mil | Corporate |
Jane Street Group Llc | 0.63 | 33.3 Mil | Corporate |
Oryx Midstream Services Permian Basin Llc | 0.59 | 31.3 Mil | Corporate |
Acbl Hldg Pfd 144A 0% | 0.54 | 28.9 Mil | Corporate |
Aadvantage Loyalty Ip Ltd | 0.54 | 28.5 Mil | Corporate |
Mcafee Corp | 0.53 | 28.1 Mil | Corporate |
Assuredpartners Inc | 0.49 | 26.3 Mil | Corporate |
Peraton Corp | 0.49 | 26.2 Mil | Corporate |