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Lord Abbett Floating Rate C (LARCX)

8.18 0.00 (0.00%)
At close: 8:01 PM EDT
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DELL
  • Previous Close 8.18
  • YTD Return 2.51%
  • Expense Ratio 0.60%
  • Category Bank Loan
  • Last Cap Gain -16.00
  • Morningstar Rating
  • Morningstar Risk Rating High
  • Sustainability Rating --
  • Net Assets 4.93B
  • Beta (5Y Monthly) 0.21
  • Yield 7.79%
  • 5y Average Return --
  • Holdings Turnover 71.00%
  • Last Dividend 0.16
  • Inception Date Dec 31, 2007

Under normal conditions, the fund pursues 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. It may invest up to 20% of its net assets in other types of debt securities and short-term instruments.

Lord Abbett

Fund Family

Bank Loan

Fund Category

4.93B

Net Assets

2007-12-31

Inception Date

Performance Overview: LARCX

Trailing returns as of 4/23/2024. Category is Bank Loan.

YTD Return

LARCX
2.51%
Category
2.87%
 

1-Year Return

LARCX
11.74%
Category
10.15%
 

3-Year Return

LARCX
4.82%
Category
3.23%
 

5-Year Return

LARCX
3.37%
Category
3.90%
 

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Holdings: LARCX

Top 2 Holdings (1.76% of Total Assets)

SymbolCompany% Assets
BKLN
Invesco Senior Loan ETF 1.22%
SRLN
SPDR Blackstone Senior Loan ETF 0.54%

Sector Weightings

SectorLARCX
Real Estate   0.00%
Technology   0.00%
Utilities   0.00%
Industrials   0.00%
Energy   0.00%
Healthcare   0.00%

Recent News: LARCX

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