Morningstar

Lord Abbett Investment Grade Floating Rate Fund Class I LGRYX

Morningstar Medalist Rating
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Medalist Rating as of See Lord Abbett Investment Hub
  • NAV / 1-Day Return $10.15  /  0.00
  • Fund Size $6.3B
  • Adjusted Expense Ratio 0.370%
  • Net Expense Ratio 0.400%
  • Fee Level: Distribution Above Average
  • Share Class Type Institutional
  • Morningstar Category Ultrashort Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 5.61%
  • Average Effective Duration 0.52 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis LGRYX

Will LGRYX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LGRYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LGRYX 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 LGRYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Lord Abbett Investment Grade Fltng Rt I holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings LGRYX

More LGRYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 0.13%

2.72 148M
Government

United States Treasury Notes 4.13%

1.37 75M
Government

Audax Senior Debt Clo 7 LLC 5.33%

0.81 44M
Securitized

Mountain Point CLO 2 Ltd

0.70 38M
Securitized

United States Treasury Notes 3.38%

0.67 37M
Government

PFS Financing Corp 4.34%

0.58 32M
Securitized

ABRY LIQUID CREDIT CLO 2025-2 LTD 5.06%

0.57 31M
Securitized

Freddie Mac Stacr Remic Trust 2022-DNA7 8.89%

0.56 31M
Securitized

Symetra CLO 2026-1 Ltd

0.55 30M
Securitized

Freddie Mac Stacr Remic Trust 2022-DNA7 8.99%

0.49 27M
Securitized

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