LGRYX – Lord Abbett Investment Grade Fltng Rt I Investment Strategy | Morningstar

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Strategy

The investment seeks a high level of current income. The fund will invest in various types of high quality, investment grade debt (or fixed income) securities. Under normal conditions, the fund will pursue its investment objective by investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in floating or adjustable rate instruments and derivatives and other instruments that effectively enable the fund to achieve a floating rate of income.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
LGRFX	Lord Abbett Investment Grade Floating Rate Fund Class F	No Load	Open			May 4, 2023	$121.29M	0.470%	Above Average	$0	$85.02M
IGRNX	Lord Abbett Investment Grade Floating Rate Fund Class F3	No Load	Open			May 4, 2023	$275.78M	0.310%	Below Average	$0	$160.46M
LGRYX	Lord Abbett Investment Grade Floating Rate Fund Class I	Institutional	Open			May 4, 2023	$4.86B	0.370%	Above Average	$1M	$2.22B
LGRAX	Lord Abbett Investment Grade Floating Rate Fund Class A	Front Load	Open			May 4, 2023	$545.32M	0.570%	Average	$1,500	$236.16M
IGRCX	Lord Abbett Investment Grade Floating Rate Fund Class C	Level Load	Open			May 4, 2023	$97.48M	1.310%	Above Average	$1,500	$46.19M
LGRUX	Lord Abbett Investment Grade Floating Rate Fund Class R6	Retirement, Large	Open			May 4, 2023	$1.29M	0.310%	Above Average	$0	$1.33M
IGRSX	Lord Abbett Investment Grade Floating Rate Fund Class R5	Retirement, Large	Open			May 4, 2023	$12,850.00	0.370%	High	$0	$1,819.91

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