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    Lord Abbett Floating Rate A (LFRAX)

    9.02 0.00(0.00%) May 27
    Prev Close:9.02
    YTD Return*:3.60%
    Net Assets*:6.23B
    Yield*:4.47%

    * As of 30-Apr-16

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

    Headlines

    ยป More Headlines for LFRAX

    Top Holdings

    Symbol% AssetsYTD Return %
    Avago Technologies Cayman Holdings Ltd.1.74N/A
    Level 3 Financing, Inc.0.64N/A
    Western Digital Corporation0.64N/A

    Fund Basics

    Morningstar Overall Rating:
    Total Assets:6.23B
    Category:Bank Loan
    Annual Report Expense Ratio (net):0.80%

    Performance & Risk

    YTD Return:3.60%
    5y Avg Return:3.91%
    Rank in Category (ytd):29
    % Rank in Category (ytd):10.9%
    Beta (3y):0.14
    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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