Skip to Content

Lord Abbett Floating Rate R2 LFRRX

Analyst rating as of
NAV / 1-Day Return
7.90  /  0.02 %
Total Assets
6.5 Bil
Adj. Expense Ratio
1.190%
Expense Ratio
1.190%
Fee Level
Low
Longest Manager Tenure
10.35 years
Category
Bank Loan
Credit Quality / Interest Rate Sensitivity
Low / Limited
Min. Initial Investment
0
Status
Open
TTM Yield
4.28%
Effective Duration
0.13 years

Morningstar’s Fund Analysis LFRRX

Will LFRRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A worthwhile bank-loan offering.

Summary

|

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.

Unlock our full analysis with Morningstar Investor