Lord Abbett Floating Rate R2 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 R2 LFRRX
- NAV / 1-Day Return 7.99 / 0.00
- Total Assets 4.3B
-
Adj. Expense Ratio
1.210%
- Expense Ratio 1.210%
- Distribution Fee Level Low
- Share Class Type Retirement, Small
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 0
- Status Open
- TTM Yield 6.29%
- Effective Duration 0.17 years
USD | NAV as of Jun 17, 2026 | 1-Day Return as of Jun 17, 2026, 10:47 PM GMT+0
Morningstar’s Analysis LFRRX
Will LFRRX 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 LFRRX 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 LFRRX’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 | — |
Invesco Senior Loan ETF | 1.29 | 54M | — |
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Ai Aqua Merger Sub Inc | 0.66 | 28M | Corporate |
Aadvantage Loyalty Ip Ltd | 0.65 | 27M | Corporate |
Hudson River Trading Llc | 0.63 | 26M | Corporate |
Allied Universal Holdco Llc | 0.62 | 26M | Corporate |
Proofpoint Inc | 0.62 | 26M | Corporate |
Quikrete Holdings Inc | 0.61 | 26M | Corporate |
United States