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    Lord Abbett Floating Rate A (LFRAX)

    9.00 0.00(0.00%) Oct 9
    Prev Close:9.00
    YTD Return*:1.61%
    Net Assets*:6.43B

    * As of 30-Sep-15

    Quotes delayed, except where indicated otherwise. Currency in USD.


    • No Headlines available for LFRAX at this time.

    Top Holdings

    Symbol% AssetsYTD Return %
    First Data Corporation1.44N/A
    H. J. Heinz Company1.03N/A
    New Albertson's, Inc.0.96N/A
    Avago Technologies Cayman Ltd. (Avago Technologies0.76N/A
    Valeant Pharmaceuticals International, Inc.0.75N/A

    Fund Basics

    Morningstar Overall Rating:
    Total Assets:6.43B
    Category:Bank Loan
    Annual Report Expense Ratio (net):0.80%

    Performance & Risk

    YTD Return:1.61%
    5y Avg Return:4.47%
    Rank in Category (ytd):22
    % Rank in Category (ytd):8.84%
    Beta (3y):0.05
    Morningstar Risk Rating:3

    Fund Summary

    The investment seeks a high level of current income. 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 senior loans. It may invest up to 25% of its total assets in senior loans made to foreign-domiciled borrowers and foreign securities, including emerging market securities. The fund may invest up to 20% of its net assets in other types of debt securities and short-term instruments. In addition, it may invest up to 10% of its net assets in derivatives. View More
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