Lord Abbett Investment Grade Fltng Rt I 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 Investment Grade Floating Rate Fund Class I LGRYX
- NAV / 1-Day Return 10.20 / 0.00
- Total Assets 4.3B
-
Adj. Expense Ratio
0.370%
- Expense Ratio 0.350%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Ultrashort Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1M
- Status Open
- TTM Yield 5.83%
- Effective Duration 0.85 years
USD | NAV as of Jun 10, 2026 | 1-Day Return as of Jun 10, 2026, 12:26 AM GMT+0
Morningstar’s Analysis LGRYX
Will LGRYX 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 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.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 8.0
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
United States Treasury Notes 3.38% | 3.40 | 139M | Government |
Municipality Finance PLC (Kuntarahoitus OYJ) 4.63% | 0.85 | 35M | Government |
Neuberger Berman Loan Advisers Clo 34 Ltd 4.99% | 0.64 | 26M | Securitized |
SOTHEBY'S ARTFI MASTER TRUST 4.94% | 0.56 | 23M | Securitized |
Goldman Sachs Group, Inc. 4.74% | 0.51 | 21M | Corporate |
Halseypoint CLO 7 Ltd / LLC 5.13% | 0.49 | 20M | Securitized |
Barings Clo 2018-III LLC 4.81% | 0.49 | 20M | Securitized |
Kennedy Lewis Clo 3 Ltd. 4.98% | 0.49 | 20M | Securitized |
Japan Bank for International Cooperation 2.88% | 0.48 | 20M | Government |
CPS AUTO RECEIVABLES TRUST 2023-B 10.72% | 0.48 | 20M | Securitized |
United States