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Lord Abbett Floating Rate F (LFRFX)

9.40 Up 0.01(0.11%) Aug 20
Prev Close:9.39
YTD Return*:1.98%
Net Assets*:8.43B

* As of 31-Jul-14

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


  • No Headlines available for LFRFX at this time.

Top Holdings

Symbol% AssetsYTD Return %
Clear Channel Communications, Inc.1.04N/A
Bmc Software Finance Inc.0.96N/A
First Data Corporation0.94N/A
Las Vegas Sands, Llc0.78N/A
Chrysler Group Llc0.76N/A

Fund Basics

Morningstar Overall Rating:
Total Assets:8.43B
Category:Bank Loan
Annual Report Expense Ratio (net):0.70%

Performance & Risk

YTD Return:1.98%
5y Avg Return:6.70%
Rank in Category (ytd):33
% Rank in Category (ytd):13.75%
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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